U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

_________________

☑	Annual report under Section 13 or 15(d) of the Securities Exchange Act of 1934

	For the fiscal year ended December 31, 2012

☐	Transition report under Section 13 or 15(d) of the Securities Exchange Act of 1934.

þ Annual report under Section 13 or 15(d) of the Securities Exchange Act of 1934

For the fiscal year ended December 31, 2011

¨ Transition report under Section 13 or 15(d) of the Securities Exchange Act of 1934.

Commission file number: 333-18439

_________________

MOBILE AREA NETWORKS, INC.

(Name of small business issuer in its charter)

_________________

Florida	59-3482752
(State or Other Jurisdiction of	(I.R.S. Employer
Incorporation or Organization)	Identification No.)

2772 Depot Street, Sanford, Florida	32773
(Address of Principal Executive Offices)	(Zip Code)

407-333-2350

(Issuer’s telephone Number)

~~_________________~~Check whether the issuer: (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☑ No ☐

~~Check~~Indicate ~~whether~~by ~~the~~check ~~issuer:~~mark ~~(1)~~if ~~filed~~disclosure ~~all reports~~of ~~required~~delinquent filers pursuant to beItem ~~filed~~405 byof ~~Section~~Regulation 13S-K oris ~~15(d)~~not ofcontained ~~the~~herein, ~~Securities~~and ~~Exchange~~will ~~Act~~not ofbe ~~1934~~contained, ~~during~~to the ~~preceding~~best 12of ~~months (or for such shorter period that~~ the registrant’s ~~was~~knowledge ~~required~~, toin ~~file~~definitive ~~such~~proxy ~~reports),~~or ~~and~~information ~~(2)~~statements ~~has~~incorporated ~~been~~by ~~subject~~reference toin ~~such~~Part ~~filing~~III ~~requirements for~~of ~~the~~this ~~past~~Form 10-K 90or ~~days.~~any ~~Yes~~amendment þto Nothis ¨Form 10-K. ☐

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of the registrant’s knowledge , in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. ¨

Indicate by check mark if the registrant is a large accelerated filer, an accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer ¨ ☐ Accelerated filer ¨☐ Non-accelerated filer ¨ ☐ Smaller Reporting Company þ☑

Indicate by check mark whether the registrant is a shell company as defined in Rule 12-b of the Exchange Act. Yes ¨☐ No þ☑

As of December 31, ~~2011~~2012, 49,060,788 shares of the registrant’s voting common stock were outstanding and held by non-affiliates.

PART I

Forward-Looking Statements:

In addition to historical information, this Annual report on Form 10-K may contain statements that could constitute “forward-looking statements” under the federal securities laws. Forward-looking statements often are characterized by terms such as “may”, “believes”, “projects”, “expects”, or “anticipates”, and do not reflect historical facts. Forward-looking statements involve risks, uncertainties, and other factors that may cause the Company’s actual results, performances or achievements to be materially different from those expressed or implied by such forward-looking statements. Factors and risks that could effect the Company’s results and achievements and cause them to materially differ from those contained in the forward-looking statements include those identified throughout this report and in the section in Item 6, below, as well as other factors that the Company currently is unable to identify or quantify, but that may exist in the future. In addition, the foregoing factors may effect generally the Company’s business, results of operations, and financial position. Forward-looking statements speak only as of the date the statement was made. The Company does not undertake and specifically declines any obligation to update any forward-looking statements included in this report on Form 10-K.

Item 1. Business.

Mobile Area Networks, Inc. (OTCBB: “MANW”) was incorporated in Texas on May 22, 1996 and a Florida corporation of the same name and purpose was formed on November 28, 1997 and became effective on January 1, 1998. The Florida corporation then became the successor in interests to the Texas corporation of the same name. The Texas corporation transferred all right, title, and interests in and to its assets over to the Florida Company. Such transfer was made in exchange for the Company’s issuance of stock to the Texas Company’s shareholders on a five for one share basis. That is, each share of the previously outstanding stock was split up into five shares of the Company’s stock. The Management of the Company had previously decided to operate from and be domiciled in the state of Florida and also decided to streamline its corporate operations, and at the same time created more authorized shares for the corporation to use for funding and or acquisitions. This was accomplished without diluting the ownership of the then current shareholders.

The primary effect of this action was to change the State of Incorporation of the Company.

Mobile Area Networks, Inc. the “Company” began operations in Heathrow, Florida in 1996, and in early 1997 the Company successfully developed, deployed, and documented the first use of any Wireless internet or data service. This service was for users of laptop computers and stationary internet computers “kiosks”, beginning in the Westin Hotel in Waltham (Boston), MA. and other hotels, office buildings, convention centers, and the town of Altamonte Springs Florida. Less secure services with free access became the dominant business model, and although technically successful, this service did not generate sufficient revenues to sustain operations, and the Company’s management pursued other means of generating revenues to sustain the operating Company.

The Company therefore decided to enter a core Industry to create value for its’ shareholders, and on August 12, 2002 the Company entered into an agreement to acquire the operating assets of Vintage Industries, Inc. (“Vintage”) in a stock for assets purchase. The assets consisted of the remnants of an ongoing plastics molding business with computerized plastics mold engineering and manufacturing equipment including computer aided machinery, patents pending, trade secrets for a process to rapidly produce plastic injection molds, numerous existing injection molds, plastics injection molding presses, office and support equipment, and the then existing customer base of Vintage.

The Company agreed to issue 1,440,000 of its SEC Rule 144 Restricted Common Shares (having a market value of approximately $274,000 according to the trading price of public shares on the day of the agreement), to be disbursed among the shareholders of and by Vintage Industries, Inc. Vintage was to be dissolved and all future operations in a timely manner were to be consolidated into and owned by Mobile Area Networks, Inc. The Company also agreed to assume responsibility for certain current and long-term liabilities of Vintage.

Simultaneous to the acquisition of the Vintage assets, the Company acquired the complete plastic molding machinery and equipment of Recoton Corporation (at that time a NASDAQ company) in a distress sale which allowed the Company to pay a small amount of cash, plus the agreement to furnish Recoton with certain parts production requirements which it had been molding in-house. The effect of this transaction was to dramatically increase production capacity for the Company. However the short term effect was detrimental to the cash position of the Company and then shortly thereafter Recoton’s business ceased operating. At the time of Recoton’s demise the Company had consolidated operations from four smaller facilities into one much larger manufacturing facility beginning in December, 2002. The Company began the year 2003 as essentially a start-up molding company. In the years when the demand for these plastic services was great Vintage did not have the capacity to increase production and after the consolidation the demand and profitability for these services was eroded by foreign competition.

The business and customer base changed substantially after the Vintage assets acquisition by Mobile Area Networks, Inc. Previously Vintage derived the majority of its revenues from one business segment which was the sporting firearms industry. Customers included many of the well known firearms makers in the business such as Austin Halleck, Charter Arms, Colt, Henry Repeating Arms, North American Arms, Marlin Firearms, Mossberg, Savage Arms, and Winchester. For several years the sporting arms industry suffered economically but at the year ending ~~2011~~2012 the industry appeared to be improving and some of these companies ~~remain~~were customers of the Company.

~~THE~~After ~~FUTURE~~enduring OFcontinuing ~~PLASTICS~~losses ~~AND~~because ~~THE~~of ~~COMPANY: During~~a ~~the~~deteriorated ~~year~~domestic ~~ended 2011~~economy, the Company ~~generated~~discontinued ~~its~~internal ~~plastics~~manufacturing ~~services~~operations ~~revenues~~in ~~from~~May, a2012. ~~diverse~~The ~~mix~~lease ofon ~~residential~~the ~~and~~factory ~~commercial construction~~plant ~~product~~was ~~parts,~~terminated ~~military~~effectively ~~and~~May ~~simulation~~26, ~~training~~2012. ~~parts~~Also, ~~orthopedic~~on ~~device~~May ~~parts~~25, ~~consumer~~2012, ~~product~~an ~~parts,~~auction ~~sporting~~was ~~rifle parts,~~held ~~concrete~~at ~~block~~which ~~construction~~all ~~parts,~~of ~~air~~the ~~conditioner~~Company’s ~~parts,~~plant and ~~military~~office ~~battery~~equipment ~~and~~was ~~gas~~sold. ~~alarm~~Net ~~housings.~~proceeds ~~The~~were used to reduce the Company’s ~~management~~ long-term debt. The Company is ~~also~~presently ~~working~~engaged toin ~~develop~~finding ~~proprietary~~a ~~items~~merger topartner ~~market~~whose inoperations ~~addition~~can tobe ~~custom~~merged ~~molding~~into inMobile ~~order~~Area toNetworks, ~~better~~Inc. ~~control~~The ~~production scheduling~~financial ~~and~~statements ~~costs~~do innot include any adjustments that might be necessary should the ~~future~~Company be unable to continue as a going concern.

~~THE~~The ~~FUTURE~~Company OFis ~~PLASTIC~~not ~~MOLD~~aware ~~MAKING:~~of ~~During the~~any ~~year~~required ~~2011~~government ~~the~~approval ~~Company~~for ~~obtained~~any ~~new business because~~ of its ~~ability to develop molds from customer’s ideas~~services, asbut ~~well~~should ~~as its~~this ~~ability~~need toarise ~~modify~~there ~~and~~is ~~maintain~~no ~~molds.~~reason ~~Many~~for ~~plastic~~the ~~molders must outsource mold maintenance whenever repairs are needed, which causes dramatic delays in production time. The~~ Company ~~also~~to ~~offers~~believe ~~product~~that ~~development~~it ~~prototyping~~would ~~and~~not ~~mold~~be ~~design~~able to ~~speed~~obtain ~~the process~~such ~~of “Idea To Product”~~approvals.

The Company ishas ~~not~~two ~~aware~~full oftime ~~any~~employees ~~required government~~including ~~approval for any of~~ its ~~services,~~President ~~but~~and ~~should~~CFO. ~~this~~In ~~need~~addition ~~arise~~ there isare nopart ~~reason~~time ~~for~~consultants ~~the~~available ~~Company~~ to ~~believe~~the ~~that~~Company iton ~~would not~~an beas ~~able~~needed ~~to obtain such approvals~~basis.

~~The~~Item Company estimates that it has expended approximately $795,000 on research and development during the past ten years, the majority of which has been provided by investors in the Company and primarily with respect to the Company’s wireless systems, plastics molding systems, and new product development1A. ~~The~~ ~~Company~~Risk ~~is not aware of any environmental issues that may impact the Company or its services~~Factors.

~~The~~Not ~~Company~~applicable ~~has~~for ~~approximately~~smaller ~~four~~reporting ~~full time employees including its President~~companies. ~~In addition there are part time consultants available to the Company on an as needed basis. The Company also has marketing arrangements with outside individuals on a commission only basis.~~

Item 1A 1B. ~~Risk~~Unresolved ~~Factors~~Staff Comments.

~~Not applicable for smaller reporting companies.~~None

Item 1B 2. ~~Unresolved Staff Comments~~Properties.

~~None~~On January 1, 2009, the Company executed a new seven year lease with the same owner effective January 1, 2009 through December 31, 2015 with a base rent of $10,500.00 and pro-rated real estate taxes plus sales taxes aggregating $13,181.33 per month..

~~Item 2.~~The ~~Properties~~lease, as noted above, was terminated effective May 26, 2012.

OnThe ~~January 1,~~Company ~~2009,~~owns the ~~Company executed~~registered atrademark ~~new~~“MOBILAN®”, ~~seven~~and ~~year~~claims ~~lease~~copyright ~~with~~ownership ~~the~~of ~~same~~other ~~owner~~creative ~~effective~~and ~~January 1,~~derivative ~~2009~~works. ~~through~~On ~~December~~April 3128, ~~2015~~1998 ~~with~~Mobile aArea ~~base rent of $10~~Networks,~~500~~ Inc.00 ~~and~~was ~~pro-rated~~granted ~~real estate taxes plus sales taxes aggregating $13,181~~U.~~33 per month~~S.. ~~The~~Patent ~~lease~~#5,745,884 iswhich ~~subject~~covers to“System ~~annual increases~~And ofMethod ~~$.20~~For ~~per~~Billing ~~square~~Data ~~foot.~~Grade ~~The~~Network ~~lease~~Use ~~provides~~On ~~two~~A ~~options~~Per toConnection ~~renew the term for five years each~~Basis.” ~~Additionally,~~There ~~the~~can ~~lease provides~~be ~~the~~no ~~tenant~~guarantee ~~with the right~~ of ~~first~~any ~~refusal~~tangible tovalue ~~lease,~~for ~~under~~this ~~the same terms~~patent, ~~the~~which ~~approximate~~was ~~10,000~~accounted ~~square~~for ~~feet~~as ofa ~~adjoining space~~fully ifamortized ~~vacant~~intangible ~~when~~asset on the ~~Company~~balance ~~should~~sheet ~~need it. As~~ of ~~December 31, 2011 all office equipment and furnishings and computers were owned by~~ the Company ~~outright and without leases~~.

~~The~~Item ~~Company owns the registered trademark “MOBILAN®”, and claims copyright ownership of other creative and derivative works~~3. OnLegal ~~April 28, 1998 Mobile Area Networks, Inc~~Proceedings. was granted U.S. Patent #5,745,884 which covers “System And Method For Billing Data Grade Network Use On A Per Connection Basis.” There can be no guarantee of any tangible value for this patent, which was accounted for as a fully amortized intangible asset on the balance sheet of the Company.

~~Item 3~~None. ~~Legal Proceedings.~~

On October 3, 2002, a complaint was filed against the Company with the Circuit Court of Seminole County, Florida by David Byron, a former officer and employee of Vintage Industries, Inc., for non-delivery of 288,000 shares of restricted common stock of Mobile Area Networks, Inc., per a general mutual release and separation agreement between Vintage Industries, Inc. and Mr. Byron. Mr. Byron is seeking immediate delivery of 288,000 shares of Restricted Common Stock of Mobile Area Networks, Inc. and damages in the amount of the value of the stock. The Company is withholding delivery of the shares to Vintage Industries, Inc., as it was agreed to in its acquisition Agreement pending the return of various Vintage Industries owned assets which remain allegedly held in the possession of and by Mr. Byron. The Company intends to vigorously defend its position as the Company has ~~never entered into any Agreement of any nature whatsoever with Mr. Byron. Therefore the Company does~~ not ~~believe~~been ~~the~~a ~~range~~party ofto ~~loss, if~~ any, ~~can~~bankruptcy ~~be reasonably estimated at this time~~proceedings. ~~Accordingly, no provision for possible loss has been made in these financial statements.~~

~~There has~~Item ~~never been at any time, any Agreement made by or between Mobile Area Networks, Inc~~4., ~~and~~Submission ~~Mr. Byron~~of ~~relating~~Matters to ~~stock shares~~a orVote ~~any~~of ~~other~~Security ~~matter whatsoever~~Holders.

~~On September 3, 2009 a complaint was filed against the company with the Circuit Court of Seminole County, Florida by Vortex Innerspace Products, Inc~~None. concerning the alleged debt by the Company to Vortex. The company believes that the note holder violated its agreement to not-compete by Daryl Dockery VP and had agreed to bring the molding business of Vortex to the Company. The Company therefore will vigorously defend its position. The Company believes that it will prevail in this action and therefore does not set aside any reserves pertaining to this case.

~~On February~~PART 17, 2010 a complaint was filed against the Company with the Circuit Court of Seminole County, Florida by Merrill Lynch Bank USA (now Business Lenders, Inc.), regarding a former obligation to GE Capital Small Business lending by Vintage Industries from which the Company acquired assets. The Company made all payments to date for Vintage on this obligation from the time of the Vintage Agreement. The Company was in discussions with GECC concerning a compromise on this debt and without notice GECC sold all of its loans. The Company is continuing to negotiate with Business Lenders, Inc., a more favorable settlement.II

~~The Company~~Item ~~has~~5. ~~not~~Market ~~been~~for aRegistrant’s ~~party~~Common toEquity, ~~any~~Related ~~bankruptcy~~Stockholder ~~proceedings~~Matters and Issuer Purchases of Equity Securities.

~~Item~~On 4.January 10, ~~Submission of~~2001, ~~Matters~~the toCompany’s astock ~~Vote~~began ofpublicly ~~Security~~trading ~~Holders~~on the OTCBB system under the symbol “MANW” and currently trades on the OTCQB.

~~None~~The following table shows the reported high and low sales price at which the Common Stock of the Company was traded in 2012.

	High		Low
First Quarter		.04		.03

Second Quarter		.025		.01

Third Quarter		.01		.004

Fourth Quarter		.01		.004

~~PART II~~2

~~Item~~The 5.proceeds ~~Market for~~from ~~Registrant~~the Company’s ~~Common~~stock ~~Equity,~~sales ~~Related~~to ~~Stockholder~~date ~~Matters~~have ~~and~~been ~~Issuer~~used ~~Purchases~~primarily to fund the continuing capital needs of ~~Equity~~the ~~Securities~~Company. The Company continues to explore acquisition opportunities in order to grow the revenue base and build value for the Company.

OnAs ~~January~~of December 1031, ~~2001~~2012, the Company’s ~~stock~~had ~~began publicly~~416 ~~trading~~registered onshareholders ~~the~~of ~~OTCBB system under the symbol “MANW” and currently trades on the OTC Pinksheets~~record.

~~The~~Item ~~following~~6. ~~table~~Selected ~~shows~~Financial ~~the reported high and low sales price at which the Common Stock of the Company was traded in 2011~~Data.

	High		Low
First Quarter		.12		.02
Second Quarter		.11		.05
Third Quarter		.08		.04
Fourth Quarter		.07		.03

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operation.

~~The proceeds from the Company~~Management’s ~~stock sales~~Discussion ~~to date have been~~ and ~~are~~Analysis ~~being~~or ~~used~~Plan ~~primarily to fund the continuing operations~~ of ~~the~~Operation ~~Company’s~~should ~~plastics~~be ~~manufacturing systems~~read asin ~~well~~conjunction aswith ~~for~~the ~~funding~~financial ~~administrative~~statements ~~activities~~ and ~~marketing~~related ~~programs~~notes ~~of the Company~~ which ~~now~~are ~~includes~~contained ~~the~~herein ~~consolidated plastics molding facility. The Company continues to explore acquisition opportunities~~ in ~~order to grow~~ the ~~revenue~~following ~~base~~pages ~~and~~under ~~build value~~Item ~~for the Company~~7.

AsResults of ~~December 31, 2011, the Company had 416 registered shareholders of record.~~Operations

~~Item 6~~Revenues decreased to $40,258 in 2012 from $228,437 in 2011. ~~Selected~~Internal ~~Financial~~plant ~~Data~~manufacturing was discontinued in May, 2012 which substantially accounts for the decrease.

~~Item~~Cost 7.of ~~Management’s Discussion~~Goods ~~and~~Sold ~~Analysis~~decreased to $128,271 in 2012 from $154,021 in 2011. The cessation of ~~Financial~~plant ~~Condition~~operations and ~~Results~~the write-off of ~~Operation~~obsolete inventory accounted for the change.

~~Management’s~~Total ~~Discussion~~Operating ~~and~~Expenses ~~Analysis or~~decreased ~~Plan~~to of$250,198 ~~Operation should be read~~ in ~~conjunction~~2012 ~~with~~from ~~the~~$400,631 ~~financial statements and related notes which are contained herein~~ in ~~the~~ ~~following~~2011, ~~pages~~a ~~under~~decrease ~~Item~~of 737.5%.

~~Results~~Bad ofDebts ~~Operations~~expense increased to $22,649 in 2012 from $8,500 in 2011. The increase was related to stale-dated accounts where the prospects for recovery were doubtful.

~~Revenues~~Depreciation ~~decreased~~expense towas $~~228~~3,~~437~~ 094 in ~~2011~~2012, a decrease from $~~288~~6,~~483~~188 in ~~2010~~2011. ~~During~~All ~~2011,~~equipment ~~several~~was ~~key~~sold ~~customers~~at ~~suffered~~an ~~financial~~auction ~~challenges~~held ~~which~~on ~~adversely~~May ~~affected~~25, ~~the Company’s expected order pattern~~2012.

~~Cost~~Interest ofexpense ~~Goods Sold~~ decreased to $~~154~~17,~~021~~ 207 in ~~2011~~2012 from $~~262~~33,~~268~~700 in ~~2010~~2011. ~~Raw~~In ~~Material~~2011 ~~purchases,~~there ~~Direct~~was ~~Labor~~a ~~savings~~catch-up ~~and~~adjustment ato ~~decrease~~imputed ininterest ~~business~~on ~~accounted~~Loans ~~for~~to ~~the change~~Shareholders.

~~Total~~Outside ~~Operating~~Services ~~Expenses~~ decreased to $~~400~~8,~~631~~170 in ~~2011~~2012 from $~~439~~15,~~588~~257 in ~~2010,~~2011. aThe decrease reflects reduced plant operations that were less than one-half of 8a year.~~9%.~~

~~Bad~~Administrative ~~Debts~~Payroll ~~expense~~and ~~increased~~Payroll Taxes decreased to $8120,~~500~~ 649 in ~~2011~~2012 from $2199,~~500~~178 in ~~2010~~2011. ~~The~~Overall ~~Allowance~~staffing ~~for~~was ~~Doubtful~~less ~~Accounts~~in ~~was~~2012 ~~increased~~due to ~~$25,000~~the asdiscontinuance of ~~December 31,~~plant ~~2011~~operations ~~from~~in ~~$18~~May,~~500 as~~ ~~of December 31, 2010~~2012.

~~Depreciation~~Professional ~~expense~~Services ~~was~~decreased ~~unchanged~~to at $~~6,188~~288 ~~for~~in ~~both~~2012 from $9,550 in 2011. ~~and~~The ~~2010~~decrease reflects the decision to not have an annual audit or quarterly review performed by our independent public accountant in 2012.

~~Interest~~Other ~~expense~~Operating ~~increased~~Expenses, which includes such expenses as telephone, health insurance, utilities, travel, office supplies, and local taxes, decreased to $3378,~~700~~ 141 in ~~2011~~2012 from $17128,~~070~~258 in ~~2010~~2011.. ~~Imputed~~The ~~interest~~decrease onrelates ~~Advances~~to reduced spending resulting from ~~Stockholders~~the ~~was~~termination ~~brought~~of ~~up-to-date~~plant operations in May, 2012.

~~Outside~~Other ~~Services~~Income ~~increased~~includes toa ~~$15,257 in~~Gain ~~2011~~on ~~from~~Disposal of Fixed Assets of $83,~~624~~300 in ~~2010.~~2012 ~~The~~following ~~increase~~the ~~reflects~~May aauction ~~greater~~of ~~need~~machinery ~~for~~and ~~contracting~~equipment. ~~outside~~There ~~services~~was tono ~~meet~~like ~~certain~~transaction ~~production~~in ~~schedules~~2011.

~~Administrative~~Other ~~Payroll~~Income ~~and~~also ~~payroll~~includes ~~taxes decreased~~Debt ~~slightly~~Forgiven toin Exchange for Royalties of $~~199~~585,~~178~~898 in ~~2011~~2012. ~~from~~Other than $~~208~~7,~~710~~269 which related to writing-off certain stale dated checks that were outstanding, $578,829 related to the forgiveness of a note and accrued rent payable to the building lessor in ~~2010.~~exchange ~~Overall~~for ~~staffing~~waiving future royalty income on a jointly developed new product. There was ~~less~~no like transaction in 2011.

~~Professional~~The ~~Services~~Net ~~decreased~~Income tofor ~~$9,550 in~~the ~~2011~~period ~~from~~was $19250,~~925~~987 in ~~2010.~~2012, ~~The~~an ~~decrease~~increase ~~reflects~~from athe ~~2010~~Net ~~switch~~Loss tofor ~~accruing~~the ~~for~~period ~~audit~~of ~~and~~$326,215 ~~review~~in ~~services~~2011. ~~rather~~The ~~than~~increased ~~reporting~~ net income relates to the ~~expense~~effects onof aOther ~~cash~~Income ~~basis~~in 2012.

Other Operating Expenses, which includes such expenses as telephone, health insurance, utilities, travel, office supplies, and local taxes, decreased to $128,258 in 2011 from $176,571 in 2010, a decrease of 27%. The decrease relates to reduced spending on electric utilities, local taxes, licensing, workmen’s compensation insurance and travel.3

The ~~Net~~Company’s ~~Loss~~net ~~for~~operating ~~the~~loss ~~Period~~carry-forwards ~~decreased to~~are approximately six million nine hundred thousand dollars ($~~326~~6,~~215~~900,000) inwhich ~~2011~~are recoverable as income tax savings through the year 2032.

~~from~~Liquidity ~~$413,373~~and inCapital ~~2010. The decreased loss is attributable to spending reductions.~~Resources

~~The~~Working Capital amounted to $(244,161) at December 31, 2012 compared to $(537,419) at December 31, 2011. There was a Bank Overdraft of $28,791 at December 31, 2012 as compared to a Bank Overdraft of $31,574 at December 31, 2011. As more fully presented under the Company’s statements of cash flows in the accompanying financial statements, net cash used in operating ~~loss~~activities ~~carry-forwards are~~for ~~approximately~~the ~~seven~~year ended December ~~million~~31, ~~one~~2012 ~~hundred~~and ~~thousand~~2011 ~~dollars~~was ($7104,~~100~~126 and $(83,~~000~~314), ~~which~~respectively. ~~are~~For ~~recoverable~~the asyears ~~income~~ended ~~tax~~December 31, ~~savings~~2012 ~~through the~~and ~~year~~December ~~2031~~31, 2011 cash was provided primarily by advances from Shareholders.

3The Company’s short term liquidity and capital needs have been satisfied primarily from the continuing sale of the Company’s common stock in private sales, and loans from shareholders. The Company continues to seek the support of underwriters and market makers for the handling of its stock sales.

~~Liquidity~~The ~~and~~Company’s ~~Capital~~stock ~~Resources~~registrar is Standard Register & Transfer Company, Inc. which handles all its outside stock share registrations and transfers.

~~Working~~Item ~~Capital amounted to $(537,419) at December 31, 2011 compared to $(393,974) at December 31, 2010~~7A. ~~There~~Quantitative was a Bank Overdraft of $31,574 at December 31, 2011 as compared to a Bank Overdraft of $13,587 at December 31, 2010. As more fully presented under the Company’s statements of cash flows in the accompanying financial statements, net cash used in operating activities for the year ended December 31, 2011 and ~~2010~~Qualitative ~~was~~Disclosures ~~$(83,314)~~About ~~and~~Market ~~$(124,067), respectively~~Risk. ~~For the years ended December 31, 2011 and December 31, 2010 cash was provided primarily by advances from Shareholders.~~

~~The~~Not ~~Company’s~~applicable short term liquidity and capital needs have been satisfied primarily from the continuing sale of the Company’s common stock in private sales, and loans from shareholders. The Company continues to seek the support of underwriters and market makers for ~~the~~smaller ~~handling~~reporting ~~of its stock sales~~companies.

~~The~~Item ~~Company’s stock registrar is Standard Register & Transfer Company, Inc~~8. ~~which~~Financial ~~handles~~Statements ~~all its outside stock share registrations~~ and ~~transfers~~Supplementary Data.

~~Item 7A.~~See ~~Quantitative~~Financial ~~and~~Index ~~Qualitative~~on ~~Disclosures~~page ~~About Market Risk~~F-1.

~~Not~~Item ~~applicable~~9. ~~for~~Changes ~~smaller~~In ~~reporting~~and ~~companies~~Disagreements With Accountants on Accounting and Financial Disclosure.

~~Item 8~~None. ~~Financial Statements and Supplementary Data.~~

~~See~~Item ~~Financial~~9A. ~~Index~~Controls onand ~~page F-1.~~Procedures

~~Item 9.~~(a) ~~Changes~~Management’s InAnnual ~~and~~Report ~~Disagreements With Accountants~~ on ~~Accounting~~Internal ~~and~~Control over Financial ~~Disclosure.~~Reporting

~~None~~Evaluation of Disclosure Controls and Procedures: As of December 31, 2012, under the supervision and with the participation of our management, we conducted an evaluation of the effectiveness of the design and operations of our disclosure controls and procedures, as defined in Rules 13a-15(e) promulgated under the Exchange Act Rules.

~~Item 9A.~~The ~~Controls~~Company’s disclosure controls and ~~Procedures~~procedures were ineffective as of December 31, 2008 due to the failure to file Managements Annual Report on Internal Control over Financial Reporting in our original annual report on Form 10-K/A.

~~(a)~~ Management’s Annual Report on Internal Control over Financial Reporting: Our management is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rules 13a-15(f) and 15d-15(f) under the Securities Exchange Act of 1934. Our internal control over financial reporting is designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. Our internal control over financial reporting includes those policies and procedures that: (i) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of Mobile Area Networks, Inc; (ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that our receipts and expenditures are being made only in accordance with authorizations of our management and our directors; and (iii) provide reasonable assurance regarding prevention of unauthorized acquisition, use or disposition of our assets that could have a material effect on the financial statements.

~~Evaluation of~~Based ~~Disclosure~~on ~~Controls~~this ~~and~~evaluation, ~~Procedures:~~management Asconcluded that our internal control over financial reporting was not effective as of December 31, ~~2011,~~2012. ~~under~~The determination that our internal control over financial reporting was not effective is due to the ~~supervision~~Company’s limited resources and ~~with~~lack ~~the~~of ~~participation~~ability to have multiple levels of ~~our management,~~transaction wereview. ~~conducted~~Management anbelieves ~~evaluation~~that this “lack of segregation of duties” will be resolved as the ~~effectiveness~~Company’s ofgrowth provides for the ~~design~~necessary ~~and~~additional ~~operations~~staff. ofThrough ~~our~~the ~~disclosure~~use ~~controls~~of internal consultants and ~~procedures~~the review process, as ~~defined~~management inbelieves ~~Rules~~that ~~13a-15(e)~~the ~~promulgated~~financial ~~under~~statements ~~the~~and ~~Exchange~~other ~~Act~~information ~~Rules~~presented herewith are materially correct.

The Company’s disclosure controls and procedures were ineffective as of December 31, 2008 due to the failure to file Managements Annual Report on Internal Control over Financial Reporting in our original annual report on Form 10-K/A.4

~~Management~~The Company’s ~~Annual~~ ~~Report on Internal Control over Financial Reporting: Our~~ management, isincluding ~~responsible~~its ~~for~~Chief ~~establishing~~Executive Officer and ~~maintaining adequate~~Chief ~~internal~~Financial ~~control~~Officer, ~~over~~does ~~financial~~not ~~reporting~~expect asthat ~~defined~~its indisclosure ~~Rules~~controls ~~13a-15(f)~~ and ~~15d-15(f)~~procedures, ~~under~~or ~~the~~its ~~Securities Exchange Act of 1934. Our~~ internal ~~control~~controls ~~over~~will ~~financial~~prevent ~~reporting~~all iserror ~~designed to provide reasonable assurance regarding the reliability of financial reporting~~ and ~~the preparation of financial statements for external purposes in accordance with generally accepted accounting principles~~fraud. ~~Our~~A ~~internal~~ control ~~over~~system, ~~financial~~no ~~reporting~~matter ~~includes~~how ~~those~~well ~~policies~~conceived and ~~procedures~~operated, ~~that:~~can ~~(i)~~provide ~~pertain~~only ~~to the maintenance of records that~~reasonable, innot ~~reasonable detail~~absolute, ~~accurately~~assurance ~~and~~that ~~fairly~~the ~~reflect~~objectives of the ~~transactions~~control ~~and~~system ~~dispositions~~are ofmet. Further, the ~~assets~~design of ~~Mobile Area~~a ~~Networks,~~control ~~Inc;~~system ~~(ii)~~must ~~provide~~reflect ~~reasonable~~the ~~assurance~~fact that ~~transactions~~there are ~~recorded~~resource asconstraints, ~~necessary~~and tothe ~~permit~~benefit ~~preparation~~ of ~~financial statements~~controls inmust ~~accordance~~be ~~with~~considered ~~generally~~relative ~~accepted~~to ~~accounting~~their ~~principles,~~costs. ~~and~~Because ~~that~~of ~~our~~the ~~receipts~~inherent ~~and~~limitations ~~expenditures~~in ~~are~~all ~~being~~control ~~made only~~systems, inno ~~accordance~~evaluation ~~with authorizations~~ of ~~our~~controls ~~management~~can ~~and~~provide ~~our~~absolute ~~directors;~~assurance ~~and~~that ~~(iii)~~all ~~provide~~control ~~reasonable~~issues ~~assurance~~and ~~regarding~~instances ~~prevention~~ of ~~unauthorized acquisition~~fraud, ~~use~~if orany, ~~disposition~~within ofthe ~~our~~Company ~~assets that could~~ have abeen ~~material effect on the financial statements~~detected.

~~Based on~~Our ~~this~~management ~~evaluation,~~assessed ~~management~~the ~~concluded~~effectiveness ~~that~~of our internal control over financial reporting ~~was not effective~~ as of December 31, ~~2011~~ 2012. ~~The~~In ~~determination~~making ~~that~~this ~~our~~assessment, ~~internal~~management ~~control~~used ~~over~~the ~~financial~~criteria ~~reporting~~set ~~was~~forth ~~not~~by ~~effective is due to~~ the ~~Company’s~~Committee ~~limited resources~~of ~~and~~Sponsoring ~~lack~~Organizations of ~~ability~~the toTreadway ~~have~~Commission ~~multiple~~(COSO) ~~levels~~in ofInternal ~~transaction~~Control-Integrated ~~review~~Framework. ~~Management~~Based ~~believes~~on ~~that~~its ~~this~~assessment ~~“lack~~and ofthose ~~segregation of~~criteria, ~~duties”~~our ~~will~~management behas ~~resolved~~concluded asthat ~~the~~we ~~Company’s~~do ~~growth~~not ~~provides~~maintain ~~for~~effective ~~the~~internal ~~necessary~~control ~~additional~~over ~~staff.~~financial ~~Through~~reporting ~~the~~as ~~use~~ of ~~internal~~ ~~consultants and the review process~~December 31, ~~management believes that the financial statements and other information presented herewith are materially correct~~2012.

~~The Company’s~~This ~~management,~~Annual ~~including~~Report ~~its Chief Executive Officer and Chief Financial Officer,~~ does not ~~expect~~include ~~that~~an ~~its~~attestation ~~disclosure controls~~report ~~and~~of ~~procedures,~~the orCompany’s ~~its~~independent ~~internal~~registered ~~controls~~public ~~will~~accounting ~~prevent~~firm ~~all~~regarding ~~error~~internal ~~and fraud. A~~ control ~~system,~~over nofinancial ~~matter~~reporting. ~~how~~Management’s ~~well~~report ~~conceived and~~was ~~operated, can provide only reasonable,~~ not ~~absolute,~~subject ~~assurance~~to ~~that~~attestation ~~the~~by ~~objectives of~~ the ~~control~~Company’s ~~system~~independent ~~are~~registered ~~met.~~public ~~Further, the~~accounting ~~design~~firm ofpursuant ato ~~control~~temporary ~~system~~rules ~~must~~of ~~reflect~~ the ~~fact~~SEC that ~~there~~permit ~~are resource constraints, and~~ the ~~benefit~~Company ~~of controls must be considered relative~~ to ~~their~~provide ~~costs.~~only ~~Because~~management’s ofreport ~~the inherent limitations~~ in ~~all~~this ~~control~~Annual ~~systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within the Company have been detected~~Report.

~~Our management~~This ~~assessed~~report ~~the~~shall ~~effectiveness~~not ofbe ~~our~~deemed ~~internal~~to ~~control~~be ~~over~~filed ~~financial~~for ~~reporting~~purposes as of ~~December~~Section ~~31,~~18 ~~2011.~~of Inthe ~~making this~~Securities ~~assessment,~~Exchange ~~management~~Act ~~used~~of ~~the~~1934, ~~criteria~~or ~~set~~otherwise ~~forth~~subject byto the ~~Committee~~liabilities of ~~Sponsoring~~that ~~Organizations~~section, ofand ~~the~~is ~~Treadway~~not ~~Commission (COSO)~~incorporated inby ~~Internal~~reference ~~Control-Integrated~~into ~~Framework.~~any ~~Based~~filing onof ~~its~~the ~~assessment and those criteria~~Company, ~~our~~whether ~~management~~made ~~has~~before ~~concluded~~of ~~that we~~after dothe ~~not~~date ~~maintain~~hereof, ~~effective~~regardless ~~internal~~of ~~control~~any ~~over~~general ~~financial~~incorporation ~~reporting~~language asin ofsuch ~~December 31, 2011~~filing.

~~This Annual~~(b) ~~Report~~Changes does not include an attestation report of the Company’s independent registered public accounting firm regarding internal control over financial reporting. Management’s report was not subject to attestation by the Company’s independent registered public accounting firm pursuant to temporary rules of the SEC that permit the Company to provide only management’s report in ~~this~~Internal ~~Annual Report.~~Controls

~~This report~~There ~~shall~~have ~~not~~been beno ~~deemed~~changes toin ~~be filed for purposes of Section 18 of~~ the ~~Securities~~Company’s ~~Exchange~~internal ~~Act~~control ofover ~~1934,~~financial orreporting ~~otherwise~~during ~~subject to~~ the ~~liabilities~~period ofended ~~that section~~December 31, ~~and~~2012 isthat ~~not~~have ~~incorporated~~materially byaffected, ~~reference~~or ~~into~~are ~~any~~reasonably ~~filing~~likely ofto ~~the~~materially ~~Company~~affect, ~~whether made before of after~~ the ~~date~~Company’s ~~hereof,~~internal ~~regardless~~controls ofover ~~any~~financial ~~general incorporation language in such filing~~reporting.”

~~(b) Changes~~Item in9B. ~~Internal~~Other ~~Controls~~Information.

There have been no changes in the Company’s internal control over financial reporting during the period ended December 31, 2011 that have materially affected, or are reasonably likely to materially affect, the Company’s internal controls over financial reportingNone.”

~~Item 9B.~~PART ~~Other Information.~~III

~~None~~Item 10. Directors, Executive Officers and Corporate Governance.

4(a) Directors and Executive Officers:

~~PART III~~Beginning January 1, 2013, the following individuals will comprise the Board of Directors and management team. Consistent with Florida corporate law and the Company’s By-Laws, the Company’s Board of Directors may by unanimous vote increase the number of Board members from time to time and or to elect members to fill vacancies, if any.

~~Item 10.~~BOARD ~~Directors,~~OF ~~Executive Officers and Corporate Governance.~~DIRECTORS

(George E. Wimbish, age 68, is a~~) Directors~~ founder of the Company and its concept, and has been a Director of the predecessor Texas Company since November 3, 1996, and Chairman, President and CEO since March 28, 1997. His term of office is yearly until a successor is chosen. His business experience for the past 5 years includes serving as the Company’s Chief Executive ~~Officers:~~Officer. Mr. Wimbish does not serve as a Director in any other public company. He resides in Heathrow, Florida.

~~Beginning January~~Jerald 1R. Hoeft,~~2011~~ CPA, ~~the~~age ~~following~~70, ~~individuals~~was ~~will~~appointed ~~comprise~~Chief ~~the~~Financial ~~Board~~Officer ofin ~~Directors~~January, ~~and~~2001 ~~management team. Consistent with Florida corporate law~~ and ~~the~~Director ~~Company’s~~in ~~By-Laws~~December, ~~the~~2010. ~~Company’s~~Mr. Hoeft ~~Board~~had ofbeen ~~Directors~~a ~~may~~practicing byCPA ~~unanimous~~in ~~vote increase~~ the ~~number~~Orlando ofarea ~~Board members~~ from ~~time~~1999 tothrough ~~time~~2007. ~~and~~Prior or to ~~elect members to fill vacancies~~1999, ifhe ~~any.~~was Atin ~~it’s December 2010 meeting,~~ the ~~2010~~financial ~~Board members~~services ~~voted~~industry tofor ~~fill~~over ~~vacancies~~twenty-five ~~being~~years ~~created~~where byhe ~~terms~~served ~~expiring~~as ~~for~~a ~~then~~chief ~~current~~financial ~~Board~~officer ~~members, Jerry Nettuno~~ and ~~Noah~~director ~~Savant, The~~for ~~two~~several ~~members~~leading ~~elected~~public ~~to fill these positions are reflected herein, Jerald Hoeft~~ and ~~Hung~~privately-held ~~Ninh were elected for one year terms each~~companies. ~~The term for~~ Mr. Hoeft ~~Ninh~~does ~~expired~~not onserve ~~December~~as ~~31,~~a ~~2011~~Director ~~and~~in noany ~~replacement~~other ~~Director~~public ~~was~~company. ~~elected~~He ~~yet~~resides toin ~~fill~~Heathrow, ~~that position~~Florida.

~~BOARD OF~~Hung ~~DIRECTORS~~V. Ninh, age 54, has a Bachelors of Science Degree from The University of North Carolina in Computer Sciences and Mathematics. Mr. Ninh was also appointed as a Director in December, 2010. He has been in senior management with a major retail chain for over twenty-five years, with over thirty-five years experience in retail management. He does not serve as a director of any other public company. He resides in Lake Mary, Florida.

George E. Wimbish, age 68, is a founder of the Company and its concept, and has been a Director of the predecessor Texas Company since November 3, 1996, and Chairman, President and CEO since March 28, 1997. His term of office is yearly until a successor is chosen. His business experience for the past 5 ~~years includes serving as the Company’s Chief Executive Officer. Mr. Wimbish does not serve as a Director in any other public company. He resides in Heathrow, Florida.~~

Jerald R. Hoeft, CPA, age 69, was appointed Chief Financial Officer in January, 2001 and Director in December, 2010. Mr. Hoeft had been a practicing CPA in the Orlando area from 1999 through 2007. Prior to 1999, he was in the financial services industry for over twenty-five years where he served as a chief financial officer and director for several leading public and privately-held companies. Mr. Hoeft does not serve as a Director in any other public company. He resides in Heathrow, Florida.OFFICERS

~~OFFICERS~~Judy D. Wimbish: Corporate Secretary and Executive Assistant to the CEO. Mrs. Wimbish is the wife of the CEO and has served full time with minimal compensation since the beginning of 1998 until the present.

~~Judy D.~~(b) Significant ~~Wimbish:~~Employees ~~Corporate Secretary~~ and ~~Executive Assistant to the CEO. Mrs. Wimbish is the wife of the CEO and has served full time with minimal compensation since the beginning of 1998 until the present.~~Consultants

~~(b) Significant Employees~~Paul Savage: Research and ~~Consultants~~Development Director. Mr. Savage has more than 25 years experience in Principal wireless product design in digital, analog, RF, and microwave circuit design. He also possesses extensive field experience in the implementation of wireless on towers and other locations. Mr. Savage currently serves in a consulting role to the Company.

~~Paul Savage:~~(c) Family Research and Development Director. Mr. Savage has more than 25 years experience in Principal wireless product design in digital, analog, RF, and microwave circuit design. He also possesses extensive field experience in the implementation of wireless on towers and other locations. Mr. Savage currently serves in a consulting role to the Company.Relationships

~~(c) Family Relationships~~Judy D. Wimbish who serves as Executive Assistant, is the wife of CEO and majority shareholder George Wimbish, whose shares are jointly owned by Mrs. Wimbish. She currently serves full time.

~~Judy D.~~Hung ~~Wimbish who serves as Executive Assistant~~Ninh, Director is the ~~wife~~son-in-law of ~~CEO~~the ~~and~~Company’s ~~majority shareholder George Wimbish, whose shares are jointly owned by Mrs~~CEO. ~~Wimbish. She currently serves full time with token compensation.~~

(d) Certain Legal Proceedings:

The Company is not aware of any legal proceedings within the last five years against any Director, Officer, Significant Employee, or candidate for any such position involving a petition under the Bankruptcy Act or any State insolvency law or of any receiver, fiscal agent or similar officer appointed by a court for the business or property of such person or any partnership in which he was general partner or within two (2) years before the time of such filing, or any corporation or business association of which he was an executive officer at or within two (2) years before the time of such filing; nor is the Company aware of any of the above-mentioned persons being convicted in a criminal proceeding; except as follows: NONE

Item 11. Executive Compensation.

The Company’s current policy is that Directors serve without compensation. However, in the future it may be in the Company’s best interests to compensate Directors in a manner that will attract the most qualified people to serve on the Company’s Board. Through December 31, ~~2011~~2012 the officers of the Company have served mostly without compensation other than the allowance to acquire Restricted founders stock at a preferred price. Mr. Wimbish was paid $-0- in ~~2011~~2012 and ~~$10,000~~ in ~~2010~~2011. The Company’s management may determine when it is in the best interest of the Company to compensate Officers and Directors. For the years 1998 through ~~2011~~2012, Mr. Wimbish’s annual salary was approved to be $120,000, a portion of which has not been paid and remains in accrued expenses on the ~~2011~~2012 and ~~2010~~2011 balance sheets. Mr. Wimbish’s deferred salary as wages remains to be the most superior lien upon the Company’s assets.

5Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

~~Item 12~~The following table sets forth certain information regarding beneficial ownership of the Company’s Common Stock as of December 31, 2012 with respect to each director and officer and any person who is known to the Company to be the beneficial owner of five percent (5%) or more of the Company’s outstanding Common Stock. ~~Security~~Also ~~Ownership~~set forth in the table is the beneficial ownership of ~~Certain~~all ~~Beneficial~~shares ~~Owners~~held by all directors and ~~Management~~officers, individually and ~~Related~~as ~~Stockholder~~a ~~Matters~~group.

The following table sets forth certain information regarding beneficial ownership of the Company’s Common Stock as of December 31, 2011 with respect to each director and officer and any person who is known to the Company to be the beneficial owner of five percent (5%) or more of the Company’s outstanding Common Stock. Also set forth in the table is the beneficial ownership of all shares held by all directors and officers, individually and as a group.

Name and Address of Owner	Shares Owned			Percent

George E. Wimbish*	25,500,000		(a)		51.98	%
Director, Chairman, President, & CEO
P.O. Box 950354
Lake Mary, FL 32795
Judy D. Wimbish*-Secretary, Jointly owns all shares with George Wimbish, CEO

Kevin J. Spolski, Investor		4,500,000			9.17	%
Company Address

Hung V. Ninh		17,000			.03	%
Director
Company Address

Jerald R. Hoeft	670,000		(d)		1.37	%
Director, Treasurer, Chief Financial Officer
Company Address

Subtotal		30,687,000			62.55	%
Other Private Shareholders	16,182,488		(b)	32.98		(c)
Publicly traded shares		2,191,300			4.47
Total		49,060,788			100.0	%

Name and Address of Owner	Shares Owned			Percent
George E. Wimbish		25,500,000	(a)		51.98	%
Director, Chairman, President, & CEO
2772 Depot Street
Sanford, Fl 32773
Kevin J. Spolski, Building Owner		4,500,000			9.17	%
1425 E. Airport Blvd.
Sanford, FL 32773
Hung V. Ninh		17,000			.03	%
Jerald R. Hoeft		770,000	(d)		1.57	%
Director, Treasurer, Chief Financial Officer
Company Address
Subtotal		30,787,000			62.75	%
Other Private Shareholders		16,082,488	(b)		32.78	(c)
Publicly traded shares		2,191,300			4.47
Total		49,060,788			100.0	%

(a)	Within the knowledge of the issuer, no other person holds or shares the power to vote or direct the voting of securities described pursuant to subsection (a) above. No other person holds shares or the power to vote 5% or more of the issuer’s voting securities.

(b)	The Company may utilize private stock shares as incentive or compensation for the product and service marketing efforts of the Company’s employees, when appropriate.

(c)	Some of the restricted shares included in this total have been conditionally assigned to certain employees or consultants with performance and or tenure requirements. The possibility that all of these private shares may or may not be rescinded would not dramatically affect this percentage.

(d)	A portion of these shares were acquired in private transactions between unrelated private shareholders.

Item 13. Certain Relationships and Related Transactions, and Director Independence.

All transactions during the previous two years and any presently proposed transaction to which the issuer is a party in which any person having a relationship with the issuer has a direct or indirect material interest are the following transactions, and no others:

None.

Item 14. Principal Accounting Fees and Services.

Audit Fees

The Company incurred audit and review fees from its Independent Registered Public Accounting Firm, Randall N. Drake, CPA, PA the sum of $~~9,000~~-0- for the year ending December 31, ~~2011~~2012 and $89,000 for the year ending December 31, ~~2010~~2011.

Audit-Related Fees

None

Tax Fees

None

All Other Fees

None

PART IV

Item 15. Exhibits, Financial Statement Schedules.

6Exhibits

MOBILE AREA NETWORKS, INC.

Exhibit 31.1	CERTIFICATION PURSUANT TO THE SARBANES-OXLEY ACT

Exhibit 31.2	CERTIFICATION PURSUANT TO THE SARBANES-OXLEY ACT

Exhibit 32	CERTIFICATION

~~(A FLORIDA Corporation)~~7

~~Sanford, Florida~~SIGNATURES

~~TABLE OF~~In ~~CONTENTS~~accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Independent Auditors’ Report	F 2
Balance Sheets at December 31, 2011 and 2010	F 3
Statements of Changes in Stockholders' Deficit for the Years Ended December 31, 2011 and 2010	F 4
Statements of Operations for the Years Ended December 31, 2011 and 2010	F 5
Statements of Cash Flows for the Years Ended December 31, 2011 and 2010	F 6 – F 7
Notes to Financial Statements	F 8 – F16

	MOBILE AREA NETWORKS, INC.

	By:	/s/ George Wimbish
		George Wimbish
		President & CEO

MOBILE AREA NETWORKS, INC. (A FLORIDA CORPORATION)
Sanford, Florida
BALANCE SHEETS
December 31,	2011			2010
ASSETS
Current Assets
Cash and Cash Equivalents		—			—
Accounts Receivable – Net of Allowance for Doubtful Accounts	$	46,420		$	16,257
Inventory		63,480			67,953
Total Current Assets		109,900			84,210
Property and Equipment – Net of Accumulated Depreciation		9,282			15,470
Other Assets
Security Deposits		7,092			7,092
Total Assets	$	126,274		$	106,772
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current Liabilities
Bank Overdraft	$	31,574		$	13,587
Notes and Capital Leases Payable – Due Within One Year		108,342			99,596
Accounts Payable		87,606			96,729
Accrued Expenses		419,797			268,272
Total Current Liabilities		647,319			478,184
Other Liabilities
Notes and Capital Leases Payable – Due After One Year		—			—
Accrued Salaries – Related Party		1,428,048			1,308,048
Advances from Stockholders		455,001			398,419
Total Liabilities		2,530,368			2,184,651
Stockholders’ Deficit
Common Stock: No Par; 50,000,000 Shares Authorized,
49,060,788 Shares Issued
And Outstanding, respectively		4,656,636			4,656,636
Paid-In Capital		56,840			56,840
Accumulated Deficit		(7,117,570	)		(6,791,355	)
Total Stockholders’ Deficit		(2,404,094	)		(2,077,879	)
Total Liabilities and Stockholders’ Deficit	$	126,274		$	106,792

In accordance with the Exchange Act, this report has been signed below by the following persons on behalf of the registrant and in capacities and on the dates indicated.

The accompanying notes are integral part of these financial statements.

Signature	Title	Date


/s/ George Wimbish	Director, Chairman, President, Chief Executive.	April 16, 2013
George Wimbish

/s/ Jerald R. Hoeft	Director, Treasurer, Chief Financial Officer	April 16, 2013
Jerald R. Hoeft

/s/ Hung V. Ninh	Director	April 16, 2013
Hung V. Ninh

F38

MOBILE AREA NETWORKS, INC. (A FLORIDA CORPORATION)
Sanford, Florida
Stockholders’ Equity table
	Number Of Shares		Common Stock		Paid-In Capital		Accumulated Deficit			Stockholders’ Deficit
Balances – December 31, 2009	48,860,788	$	4,652,636		56,840	$	(6,377,982	)	$	(1,668,506	)
Issuance of Common Stock for Cash	—		—				—			—
Issuance of Common Stock for Services	200,000		4,000							4,000
Net Loss	—		—				(413,373	)		(413,373	)
Balances – December 31, 2010	49,060,788	$	4,656,636	$	56,840	$	(6,791,355	)	$	(2,077,879	)
Issuance of Common Stock for Cash	—		—				—			—
Issuance of Common Stock for
Services	—		—				—			—
Net Loss	—		—				(326,215	)		(326,215	)
Balances – December 31, 2011	49,060,788	$	4,656,636	$	56,840	$	(7,117,570	)	$	(2,404,094	)

MOBILE AREA NETWORKS, INC.

~~The accompanying~~(A ~~notes~~FLORIDA ~~are integral parts of these financial statements.~~CORPORATION)

F4Sanford, Florida

MOBILE AREA NETWORKS, INC.
(A FLORIDA CORPORATION)
Sanford, Florida
STATEMENTS OF OPERATIONS
Years Ended December 31,		2011			2010
Revenues – Net of Returns and Allowances	$	228,437		$	288,483
Cost of Goods Sold		154,021			262,268
Gross Profit		74,416			26,215
Operating Expenses
Bad Debts		8,500			2,500
Depreciation		6,188			6,188
Interest		33,700			17,070
Outside Services		15,257			8,624
Administrative Payroll and Payroll Taxes		199,178			208,710
Professional Services		9,550			19,925
Other Operating Expenses		128,258			176,571
Total Operating Expenses		400,631			439,588
Loss Before Provision for Taxes		(326,215	)		(413,373	)
Provision for Taxes		—			—
Net Loss	$	(326,215	)	$	(413,373	)
Weighted Average Number of Common Shares
Outstanding – Basic and Diluted		49,060,788			48,911,199
Net Loss per Share – Basic and Diluted	$	(0.01	)	$	(0.01	)

TABLE OF CONTENTS

The accompanying notes are an integral part of these financial statements.

Balance Sheets at December 31, 2012 and 2011	F – 2

Statements of Changes in Stockholders' Deficit for the Years Ended December 31, 2012 and 2011	F – 3

Statements of Operations for the Years Ended December 31, 2012 and 2011	F – 4

Statements of Cash Flows for the Years Ended December 31, 2012 and 2011	F – 5 – F – 6

Notes to Financial Statements	F – 7 – F – 15

F5F-1

MOBILE AREA NETWORKS, INC.
(A FLORIDA CORPORATION)
Sanford, Florida
STATEMENT OF CASH FLOWS
Years Ended December 31,	2011			2010
Cash Flows Used By Operating Activities
Net Loss	$	(326,215	)	$	(413,373	)
Adjustments to Reconcile Net Loss to
Net Cash Flows Used By Operating Activities:
Common Stock issued as compensation		—			4,000
Depreciation		6,188			6,188
Changes in Assets and Liabilities:
Accounts Receivable		(30,163	)		(359	)
Inventory		4,474			6,822
Accounts Payable		(9,123	)		9,505
Accrued Expenses		151,525			165,488
Accrued Salaries – Related Party		120,000			84,075
Net Cash Flows Used By Operating Activities		(83,314	)		(124,067	)
Cash Flows Used By Investing Activities
Acquisition of Property and Equipment		—			—
Cash Flows Provided By Financing Activities
Advances (Repayments) from Stockholders		56,582			79,216
Proceeds from Issuance of Common Stock		—			—
Repayment of Notes and Capital Leases Payable		8,745			2,014
Net Cash Flows Provided By Financing Activities		65,327			81,230
Net Change in Cash and Cash Equivalents		(17,987	)		(42,837	)
Cash and Cash Equivalents (Bank Overdraft)– Beginning of Year		(13,587	)		29,250
Cash and Cash Equivalents (Bank Overdraft) – End of Year	$	(31,574	)	$	(13,587	)

MOBILE AREA NETWORKS, INC.

~~The accompanying~~(A ~~notes~~FLORIDA ~~are an integral part of these financial statements.~~CORPORATION)

F6Sanford, Florida

MOBILE AREA NETWORKS, INC.
(A FLORIDA CORPORATION)
Sanford, Florida
STATEMENTS OF CASH FLOWS – continued
Years Ended December 31,		2011		2010
Supplemental Disclosures
Interest Paid	$	33,700	$	17,070
Income Taxes Paid		—		—

BALANCE SHEETS

The accompanying notes are an integral part of these financial statements.

December 31,	2012			2011

ASSETS

Current Assets
Cash and Cash Equivalents		—			—
Accounts Receivable – Net of Allowance for Doubtful Accounts		—		$	46,420
Inventory		—			63,480

Total Current Assets		—			109,900

Property and Equipment – Net of Accumulated Depreciation		—			9,282

Other Assets
Security Deposits		—			7,092

Total Assets		—		$	126,274

LIABILITIES AND STOCKHOLDERS’ DEFICIT

Current Liabilities
Bank Overdraft	$	28,791		$	31,574
Notes and Capital Leases Payable – Due Within One Year		101,101			108,342
Accounts Payable		97,689			87,606
Accrued Expenses		16,580			419,797

Total Current Liabilities		244,161			647,319

Other Liabilities
Notes and Capital Leases Payable – Due After One Year		—			—
Accrued Salaries – Related Party		1,548,048			1,428,048
Advances from Stockholders		360,898			455,001

Total Liabilities		2,153,107			2,530,368

Stockholders’ Deficit
Common Stock: No Par; 50,000,000 Shares Authorized, 49,060,788 Shares Issued And Outstanding, respectively		4,656,636			4,656,636
Paid-In Capital		56,840			56,840
Accumulated Deficit		(6,866,583	)		(7,117,570	)

Total Stockholders’ Deficit		(2,153,107	)		(2,404,094	)

Total Liabilities and Stockholders’ Deficit	$	—		$	126,274

F7The accompanying notes are an integral part of these financial statements.

~~MOBILE AREA NETWORKS, INC.~~F-2

MOBILE AREA NETWORKS, INC. (A FLORIDA ~~Corporation~~CORPORATION)

Sanford, Florida

NOTES TO FINANCIAL STATEMENTS


	Number Of Shares		Common Stock		Paid-In Capital		Accumulated Deficit			Stockholders’ Deficit

Balances – December 31, 2010		49,060,788	$	4,656,636		56,840	$	(6,791,355	)	$	(2,077,879	)



Net Loss		—		—				(326,215	)		(326,215	)

Balances – December 31, 2011		49,060,788	$	4,656,636	$	56,840	$	(7,117,570	)	$	(2,404,094	)



Net Income		—		—				250,987			250,987

Balances – December 31, 2012		49,060,788	$	4,656,636	$	56,840	$	(6,866,583	)	$	(2,153,107	)

~~Note A~~The ~~- Nature~~accompanying notes are integral parts of ~~Operations~~these financial statements.

Mobile Area Networks, Inc. (the “Company”) was incorporated on May 23, 1996 in the State of Texas, and subsequently transferred all of its assets to a Florida Corporation of the same name, which was formed for the purpose of providing all aspects of wireless data communication including LANF-~~speed data connectivity service to remote home-office network services and to the Internet from frequently traveled routes and places such as hotels and airports.~~3

~~Operations~~MOBILE ofAREA ~~the Company up to the date of acquiring the assets of Vintage Industries~~NETWORKS, ~~Inc~~INC. (“Plastics Services”), was devoted primarily to product development and marketing, raising capital, administrative activities and deployment of communications network infrastructure and service demonstration systems for both the MobiLAN® and Learningport.com™ services. Since the date of the Vintage acquisition agreement, the operations of the Company have been devoted primarily to assimilating the assets and operations of these Plastics Services into the Company. The primary business function of the Plastics Services assets is the design, engineering, production of intricate plastic molds, and the production of plastic and rubber parts.

~~Resources~~(A ofFLORIDA the Company up to the date of the acquisition of these Plastics Services facilities, were devoted to marketing its wireless internet services. Since the date of the assets acquisition agreement, the resources of the Company have been devoted to assimilating consolidating the assets and operations of Plastics Services into the Company. Both MobiLAN® and Learningport.com™ no longer continue as separate divisions of the Company.CORPORATION)

~~Note B~~Sanford, ~~- Summary of Significant Accounting Policies~~Florida

~~Method~~STATEMENTS ofOF ~~Accounting~~OPERATIONS

The Company maintains its books and prepares its financial statements on the accrual basis of accounting.

Years Ended December 31,		2012			2011

Revenues – Net of Returns and Allowances	$	40,258		$	228,437

Cost of Goods Sold		128,271			154,021

Gross Profit (Loss)		(88,013	)		74,416

Operating Expenses
Bad Debts		22,649			8,500
Depreciation		3,094			6,188
Interest		17,207			33,700
Outside Services		8,170			15,257
Administrative Payroll and Payroll Taxes		120,649			199,178
Professional Services		288			9,550
Other Operating Expenses		78,141			128,258
Total Operating Expenses		250,198			400,631

Loss Before Other Income		(338,211	)		(326,215	)

Other Income
Gain on Disposal of Fixed Assets		3,300			—
Debt Forgiven in Exchange for Royalties		585,898			—
Total Other Income		589,198			—

Net Income (Loss) Before Income Taxes		250,987			(326,215	)

Provision for Taxes		—			—

Net Income (Loss)	$	250,987		$	(326,215	)

Weighted Average Number of Common Shares
Outstanding – Basic and Diluted		49,060,788			49,060,788

Net Income (Loss) per Share – Basic and Diluted	$	0.01		$	(0.01	)

~~Cash and~~The ~~Cash~~accompanying ~~Equivalents~~notes are an integral part of these financial statements.

~~Cash and cash equivalents include time deposits, certificates of deposit, and all highly liquid debt instruments with original maturities of three months or less.~~F-4

~~Allowance~~MOBILE ~~for~~AREA ~~Doubtful~~NETWORKS, ~~Accounts and Bad Debts~~INC.

~~The Company~~(A ~~provides~~FLORIDA for estimated losses on accounts receivable based on prior bad debt experience and a review of existing receivables. Based on these factors, there is an allowance for doubtful accounts of $25,000 as of December 31, 2011 and $18,500 as of December 31, 2010.CORPORATION)

F8Sanford, Florida

~~MOBILE AREA~~STATEMENT ~~NETWORKS,~~OF ~~INC.~~CASH FLOWS

(A FLORIDA Corporation)

Years Ended December 31,		2012			2011

Cash Flows Used By Operating Activities

Net Income (Loss)	$	250,987		$	(326,215	)

Adjustments to Reconcile Net Loss to
Net Cash Flows Used By Operating Activities:
Depreciation		3,094			6,188
Changes in Assets and Liabilities:
Accounts Receivable		46,420			(30,163	)
Inventory		63,480			4,474
Other Assets		13,280			—
Accounts Payable		10,082			(9,123	)
Accrued Expenses		(403,217	)		151,525
Accrued Salaries – Related Party		120,000			120,000

Net Cash Flows Provided By (Used In) Operating Activities		104,126			(83,314	)

Cash Flows Used By Investing Activities

Acquisition of Property and Equipment		—			—

Cash Flows Provided By Financing Activities
Advances (Repayments) from Stockholders		(94,103	)		56,582
Proceeds from Issuance of Common Stock		—			—
Repayment of Notes and Capital Leases Payable		(7,240	)		8,745

Net Cash Flows Provided By Financing Activities		(101,343	)		65,327


Net Change in Cash and Cash Equivalents		2,783			(17,987	)

Cash and Cash Equivalents (Bank Overdraft)– Beginning of Year		(31,574	)		(13,587

Cash and Cash Equivalents (Bank Overdraft) – End of Year	$	(28,791	)	$	(31,574	)

~~Sanford, Florida~~The accompanying notes are an integral part of these financial statements.

~~NOTES TO FINANCIAL STATEMENTS~~F-5

~~Note B~~ MOBILE ~~- Summary~~AREA ofNETWORKS, ~~Significant Accounting Policies - continued~~INC.

~~Inventory~~(A FLORIDA CORPORATION)

~~Inventory consists of raw materials~~Sanford, ~~work-in-process, and finished goods, and is stated at the lower of cost or market using the first-in, first-out method.~~Florida

~~Property,~~STATEMENTS ~~Equipment~~OF ~~and~~CASH ~~Depreciation~~FLOWS – continued

Property and equipment are stated at cost, less accumulated depreciation computed using the straight line method over the estimated useful lives as follows:

Years Ended December 31,		2012		2011

Supplemental Disclosures

Interest Paid	$	17,207	$	33,700
Income Taxes Paid		—		—

Manufacturing Equipment	5 Years
Computer Equipment and Software	5 Years
Office Furniture and Equipment	5 - 7 Years
Leasehold Improvements	5 Years

The accompanying notes are an integral part of these financial statements.

~~Maintenance and repairs are charged to expense. The cost of the assets retired or otherwise disposed of and the related accumulated depreciation are removed from the accounts.~~F-6

~~Advances~~MOBILE ~~from~~AREA ~~Stockholders~~NETWORKS, INC.

~~Advances~~(A ~~from~~FLORIDA stockholders consists of advances due on demand for working capital purposes. The amount due has an unstated interest rate and contains no formal repayment terms. Accordingly, the Company has imputed interest at the prime rate plus 1%. Imputed interest expense for the years ended December 31, 2011 and 2010 was $16,372 and $3,356, respectively.CORPORATION)

~~Revenue~~Sanford, ~~Recognition~~Florida

~~Revenues~~NOTES ~~from~~TO ~~product~~FINANCIAL ~~sales are recognized when both the goods are shipped and the customer’s right of return has expired for Plastics Services. Unearned revenue results from deposits received on jobs still in progress.~~STATEMENTS

~~Use~~Note A - Nature of ~~Estimates~~Operations

~~The~~Mobile ~~preparation~~Area ofNetworks, ~~financial~~Inc. ~~statements~~(the “Company”) was incorporated on May 23, 1996 in ~~conformity~~the ~~with~~State ~~generally~~of ~~accepted~~Texas, ~~accounting~~and ~~principles~~subsequently ~~requires~~transferred ~~management~~all toof ~~make~~its ~~estimates~~assets ~~and~~to ~~assumptions~~a ~~that~~Florida ~~affect~~Corporation of the ~~reported~~same ~~amounts~~name, ofwhich ~~assets~~was ~~and~~formed ~~liabilities~~for ~~and~~the ~~disclosure~~purpose of ~~contingent~~providing ~~assets~~all ~~and~~aspects ~~liabilities~~of atwireless ~~the~~data ~~date~~communication ofincluding ~~the~~LAN-speed ~~financial~~data ~~statements~~connectivity ~~and~~service ~~the~~to ~~reported~~remote ~~amounts~~home-office ofnetwork ~~revenues~~services and ~~expenses~~to ~~during~~ the ~~reporting~~Internet ~~period.~~from ~~Actual~~frequently ~~results~~traveled ~~can~~routes ~~differ~~and ~~from~~places ~~those~~such ~~estimates~~as hotels and airports.

~~Concentrations~~Operations of ~~Credit~~the ~~Risk~~Company up to the date of acquiring the assets of Vintage Industries, Inc. (“Plastics Services”), was devoted primarily to product development and marketing, raising capital, administrative activities and deployment of communications network infrastructure and service demonstration systems for both the MobiLAN® and Learningport.com™ services. Since the date of the Vintage acquisition agreement, the operations of the Company have been devoted primarily to assimilating the assets and operations of these Plastics Services into the Company. The primary business function of the Plastics Services assets is the design, engineering, production of intricate plastic molds, and the production of plastic and rubber parts.

~~Financial instruments,~~Resources ~~which~~of ~~potentially expose~~ the Company up to ~~significant~~the ~~concentrations~~date of ~~credit~~the ~~risk,~~acquisition ~~consist~~of ~~principally~~these ofPlastics ~~bank~~Services ~~deposits~~facilities, ~~which~~ ~~may~~were atdevoted ~~times~~to ~~exceed~~marketing ~~federally~~its ~~insured~~wireless ~~limits,~~internet ~~and~~services. ~~trade~~Since ~~accounts~~the ~~receivable.~~date ~~The~~of the assets acquisition agreement, the resources of the Company ~~had~~have nobeen ~~cash~~devoted ~~balances~~to ~~that~~assimilating ~~exceeded insured~~consolidating ~~limits~~the atassets ~~December 31,~~and ~~2011~~operations orof ~~2010~~Plastics Services into the Company. ~~Cash~~Both isMobiLAN® ~~placed~~and ~~primarily~~Learningport.com™ inno ~~high~~longer ~~quality~~continue ~~short-term~~as ~~interest~~separate ~~bearing~~divisions ~~financial instruments~~of the Company.

F9All internal manufacturing operations of the Company were terminated in May, 2012.

~~MOBILE AREA~~Note ~~NETWORKS,~~B ~~INC.~~- Summary of Significant Accounting Policies

~~(A FLORIDA~~Method ~~Corporation)~~of Accounting

~~Sanford, Florida~~The Company maintains its books and prepares its financial statements on the accrual basis of accounting.

~~NOTES TO~~Cash ~~FINANCIAL~~and ~~STATEMENTS~~Cash Equivalents

~~Note B~~Cash ~~- Summary~~and cash equivalents include time deposits, certificates of ~~Significant~~deposit, ~~Accounting~~and ~~Policies~~all -highly ~~continued~~liquid debt instruments with original maturities of three months or less.

~~Concentrations of~~Allowance ~~Credit~~for ~~Risk~~Doubtful -Accounts ~~continued~~and Bad Debts

The Company ~~had~~provides ~~two~~for ~~significant~~estimated ~~customers~~losses ~~representing~~on ~~fifty-five~~accounts ~~percent~~receivable ~~(55%)~~based ofon ~~total~~prior ~~2011~~bad debt experience and ~~2010~~a ~~sales~~review of existing receivables. AsThe Accounts Receivable balance as of December 31, ~~2011,~~2012 ~~the~~is ~~two~~$-0-. ~~significant~~Based ~~customers~~on ~~comprised~~these ~~approximately~~factors, ~~sixty~~there ~~percent~~is ~~(60.0%)~~an ofallowance ~~the~~for doubtful accounts ~~receivable~~of ~~balance.~~$-0- Asas of December 31, ~~2010,~~2012 ~~two~~and ~~significant~~$25,000 ~~customers~~as ~~comprised approximately fourteen percent (14.0%)~~ of ~~the~~December 31, ~~accounts receivable balance~~2011.

~~The Company periodically monitors the credit worthiness of its customers to which it grants credit terms in the ordinary course of business and maintains an allowance for anticipated credit losses.~~F-7

~~Fair~~MOBILE ~~Value~~AREA ofNETWORKS, ~~Financial Instruments~~INC.

~~The~~(A ~~fair~~FLORIDA value of cash and cash equivalents, accounts receivables, inventory, security deposits, accounts payable, and accrued expenses approximated book value at December 31, 2011 and 2010, because of the immediate or short-term maturity of these financial instruments.CORPORATION)

~~The fair value of property and equipment~~Sanford, ~~line of credit, notes and capital leases payable, and advances from stockholders could not be obtained without incurring excessive costs as they have no readily determinable market price.~~Florida

~~Stock~~NOTES ~~Transactions~~TO FINANCIAL STATEMENTS

~~Shares~~Note ofB ~~common~~- Summary ~~stock or common stock equivalents issued for services performed are valued at either the fair value~~ of ~~the~~Significant ~~equity~~Accounting ~~instruments~~Policies ~~issued~~- ~~or the value of services performed, whichever is the more reliable measure.~~continued

~~During the year ended December 31, 2011, there was not any shares issued in satisfaction of services to the Company.~~Inventory

~~Net~~Inventory ~~Loss~~consists ~~Per~~of ~~Common~~raw ~~Share~~materials, work-in-process, and finished goods, and is stated at the lower of cost or market using the first-in, first-out method.

Basic Earnings Per Share is calculated by dividing loss available to common stockholders by the weighted average number of common shares outstanding for each period. Diluted Earnings per share is the same as Basic Earnings Per Share since no common stock equivalents were outstanding for the years ended December 31Property, ~~2011~~Equipment and ~~2010.~~Depreciation

~~Reclassifications~~Property and equipment are stated at cost, less accumulated depreciation computed using the straight line method over the estimated useful lives as follows:

Certain amounts in the prior year financial statements have been reclassified to conform to the current year presentation.

Manufacturing Equipment	5 Years
Computer Equipment and Software	5 Years
Office Furniture and Equipment	5 - 7 Years
Leasehold Improvements	5 Years

~~F10~~Maintenance and repairs are charged to expense. The cost of the assets retired or otherwise disposed of and the related accumulated depreciation are removed from the accounts.

~~MOBILE AREA~~Advances ~~NETWORKS,~~from ~~INC.~~Stockholders

~~(A FLORIDA~~Advances ~~Corporation)~~from stockholders consists of advances due on demand for working capital purposes. The amount due has an unstated interest rate and contains no formal repayment terms. Accordingly, the Company has imputed interest at the prime rate plus 1%. Imputed interest expense for the years ended December 31, 2012 and 2011 was $9,053 and $16,372, respectively.

~~Sanford, Florida~~Revenue Recognition

~~NOTES TO~~Revenues ~~FINANCIAL~~from ~~STATEMENTS~~product sales are recognized when both the goods are shipped and the customer’s right of return has expired for Plastics Services. Unearned revenue results from deposits received on jobs still in progress.

~~Note B~~Use ~~- Summary~~ of ~~Significant Accounting Policies - continued~~Estimates

~~Income~~The ~~Taxes~~preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results can differ from those estimates.

~~The~~Concentrations ~~Company accounts for income taxes using the asset and liability approach, which requires recognition~~ of ~~deferred~~Credit tax liabilities and assets for the expected future tax consequences of temporary differences between the carrying amounts and the tax basis of such assets and liabilities. This method utilizes enacted statutory tax rates in effect for the year in which the temporary differences are expected to reverse and gives immediate effect to changes in income tax rates upon enactment. Deferred tax assets are recognized, net of any valuation allowance, for temporary differences and net operating loss and tax credit carry forwards. Deferred income tax expense represents the change in net deferred tax assets and liability balances. The Company had no material deferred tax assets or liabilities at December 31, 2011 and 2010.Risk

~~Provision~~Financial ~~for~~instruments, ~~Income~~which ~~Taxes~~potentially expose the Company to significant concentrations of credit risk, consist principally of bank deposits, which may at times exceed federally insured limits, and trade accounts receivable. The Company had no cash balances that exceeded insured limits at December 31, 2012 or 2011. Cash is placed primarily in high quality short-term interest bearing financial instruments.

Deferred income taxes result from temporary differences between the basis of assets and liabilities recognized for differences between the financial statement and tax basis thereon, and for the expected future tax benefits to be derived from net operating losses and tax credit carry forwards. The Company has approximately seven million one hundred thousand dollars ($7.1 million) in net operating losses as of December 31, 2011, and a valuation allowance equal to the tax benefit of the accumulated net operating losses has been established since it is uncertain that future taxable income will be realized during the applicable carryF-~~forward periods. Accordingly, no income tax provision has been recognized in the accompanying financial statements.~~8

~~Note C-Recently~~MOBILE ~~Issued~~AREA ~~Accounting~~NETWORKS, ~~Pronouncements~~INC.

We(A ~~have~~FLORIDA reviewed accounting pronouncements and interpretations thereof issued by the FASB, AICPA and the SEC that have effectiveness dates during the periods reported and in future periods. Management does not believe that any of those pronouncements will have a material impact on the Company’s present or future financial statements.CORPORATION)

~~Note D~~Sanford, ~~- Accounts Receivable~~Florida

~~Accounts~~NOTES ~~receivable~~TO ~~consisted~~FINANCIAL ~~of the following:~~STATEMENTS

December 31,	2011		2010
Trade	$	71,420	$	34,757
Reproductions		—		—
	$	71,420	$	34,757
Less: Allowance for Doubtful Accounts		25,000		18,500
Net Accounts Receivable	$	46,420	$	16,257

Note B - Summary of Significant Accounting Policies - continued

~~Note E~~Concentrations of Credit Risk - ~~Inventory~~ continued

~~Inventory~~The ~~consisted~~Company had two significant customers representing fifty-five percent (55%) of total 2011 sales. As of December 31, 2012, the ~~following:~~two significant customers did not have any accounts receivable balance. As of December 31, 2011, two significant customers comprised approximately fourteen percent (14.0%) of the accounts receivable balance.

December 31,	2011		2010
Raw Materials	$	63,480	$	44,305
Work-in-Process		—		23,648
Finished Goods		—		—
Total Inventory	$	63,480	$	67,953

The Company periodically monitors the credit worthiness of its customers to which it grants credit terms in the ordinary course of business and maintains an allowance for anticipated credit losses.

~~F11~~Fair Value of Financial Instruments

~~MOBILE AREA~~The ~~NETWORKS~~fair value of cash and cash equivalents, ~~INC~~accounts receivables, inventory, security deposits, accounts payable, and accrued expenses approximated book value at December 31, 2012 and 2011, because of the immediate or short-term maturity of these financial instruments.

~~(A FLORIDA~~The ~~Corporation)~~fair value of property and equipment, line of credit, notes and capital leases payable, and advances from stockholders could not be obtained without incurring excessive costs as they have no readily determinable market price.

~~Sanford, Florida~~Stock Transactions

~~NOTES TO~~Shares ~~FINANCIAL~~of ~~STATEMENTS~~common stock or common stock equivalents issued for services performed are valued at either the fair value of the equity instruments issued or the value of services performed, whichever is the more reliable measure.

~~Note F~~During ~~- Property~~the ~~and~~year ~~Equipment~~ended December 31, 2012, there was not any shares issued in satisfaction of services to the Company.

~~Property~~Net ~~and~~Loss ~~equipment~~Per ~~consisted~~Common ~~of the following:~~Share

December 31,	2011		2010
Manufacturing Equipment	$	722,467	$	722,467
Computer Equipment and Software		66,912		66,912
Office Furniture and Equipment		73,665		73,665
Leasehold Improvements		42,921		42,921
	$	905,965	$	905,965
Less: Accumulated Depreciation		896,683		890,495
Net Property and Equipment	$	9,282	$	15,470

~~Depreciation expense for the years ended December 31, 2011 and 2010 was $6,188 and $6,188, respectively.~~Reclassifications

~~Note G~~Certain ~~- Notes~~amounts ~~and~~in ~~Capital~~the ~~Leases~~prior ~~Payable~~year financial statements have been reclassified to conform to the current year presentation.

~~Notes and capital leases payable consisted of the following:~~F-9

December 31,	2011		2010
Notes Payable
Business Lenders, LLC
Note payable due June, 2008, payable in monthly installments of $6,955, including principal and interest at prime plus 2¼% (6.50% at December 31, 2011). The loan is secured by certain equipment of Vintage Industries, Inc. in excess of $350,000 with personal guarantees by four shareholders of Vintage Industries, Inc. with their residences pledged as additional security, and a guarantee by the Small Business Association. The loan is in dispute and is in litigation. (See Note I )	$	54,653	$	48,002
Vortex Innerspace Products, Inc.
Note payable due April, 2011, payable in monthly installments of $1,771.44, including principal and interest of 4.0%. Late payments beyond ten days are subject to a penalty of $50. This loan is in dispute and is in litigation. (See Note I )		53,689		51,594

MOBILE AREA NETWORKS, INC.

~~F12~~(A FLORIDA CORPORATION)

~~MOBILE AREA NETWORKS~~Sanford, ~~INC.~~Florida

~~(A FLORIDA~~NOTES ~~Corporation)~~TO FINANCIAL STATEMENTS

~~Sanford, Florida~~Note B - Summary of Significant Accounting Policies - continued

~~NOTES TO~~Income ~~FINANCIAL STATEMENTS~~Taxes

~~Note G~~The ~~- Notes~~Company accounts for income taxes using the asset and ~~Capital~~liability ~~Leases~~approach, ~~Payable~~which -requires ~~continued~~recognition of deferred tax liabilities and assets for the expected future tax consequences of temporary differences between the carrying amounts and the tax basis of such assets and liabilities. This method utilizes enacted statutory tax rates in effect for the year in which the temporary differences are expected to reverse and gives immediate effect to changes in income tax rates upon enactment. Deferred tax assets are recognized, net of any valuation allowance, for temporary differences and net operating loss and tax credit carry forwards. Deferred income tax expense represents the change in net deferred tax assets and liability balances. The Company had no material deferred tax assets or liabilities at December 31, 2012 and 2011.

December 31,	2011		2010
Total Notes and Capital Leases Payable	$	108,342	$	99,596
Less: Amount Due Within One Year		108,342		99,596
Amount Due After One Year	$	—	$	—

Provision for Income Taxes

~~Annual~~Deferred ~~maturities~~income taxes result from temporary differences between the basis of ~~notes~~assets and ~~capital~~liabilities ~~leases~~recognized ~~payable~~for differences between the financial statement and tax basis thereon, and for the ~~five~~expected ~~years~~future ~~succeeding~~tax ~~December~~benefits to be derived from net operating losses and tax credit carry forwards. The Company has approximately six million nine hundred thousand dollars ($6.9 million) in net operating losses as of December 31, ~~2011~~2012, ~~are~~and asa ~~follows:~~valuation allowance equal to the tax benefit of the accumulated net operating losses has been established since it is uncertain that future taxable income will be realized during the applicable carry-forward periods. Accordingly, no income tax provision has been recognized in the accompanying financial statements.

2012				2013				2014				2015				2016				Thereafter				Total
$	108,342			$	—			$	—			$	—			$	—			$	—			$	108,342

Note C- Recently Issued Accounting Pronouncements

~~Interest~~We ~~expense~~have onreviewed ~~the~~accounting ~~notes~~pronouncements ~~payable~~and ~~for~~interpretations ~~the~~thereof ~~years~~issued ~~ended~~by ~~December~~the 31FASB, ~~2011~~AICPA and ~~2010~~the ~~was~~SEC ~~$33,700~~that have effectiveness dates during the periods reported and ~~$17,070,~~in ~~respectively~~future periods. Management does not believe that any of those pronouncements will have a material impact on the Company’s present or future financial statements.

~~F13~~Note D - Accounts Receivable

~~MOBILE AREA~~Accounts ~~NETWORKS,~~receivable ~~INC.~~consisted of the following:

(A FLORIDA Corporation)

December 31,		2012		2011

Trade	$	—	$	71,420
Reproductions		—		—
	$	—	$	71,420
Less: Allowance for Doubtful Accounts		—		25,000

Net Accounts Receivable	$	—	$	46,420

~~Sanford, Florida~~Note E - Inventory

~~NOTES TO~~Inventory ~~FINANCIAL~~consisted ~~STATEMENTS~~of the following:

Note H - Leases

December 31,		2012		2011

Raw Materials	$	—	$	63,480
Work-in-Process		—		—
Finished Goods		—		—

Total Inventory	$	—	$	63,480

~~The Company entered into a building lease for office and manufacturing space on January 1, 2009 for 25,000 square feet for a term of five years with two options to renew for five years each.~~F-10

~~Future~~MOBILE ~~minimum~~AREA ~~lease payments for the five years succeeding December 31~~NETWORKS, ~~2011 is as follows:~~INC.

2012				2013				2014				2015				2016				Total
$	163,505			$	168,833			$	174,162			$	179,490			$	-0-			$	685,990

(A FLORIDA CORPORATION)

~~Note I~~Sanford, ~~- Acquisitions~~Florida

~~Vintage Industries,~~NOTES ~~Inc.~~TO FINANCIAL STATEMENTS

OnNote ~~August~~F ~~12,~~- Property 2002, Mobile Area Networks, Inc. (“the Company”) entered into an asset purchase agreement to acquire all of the operating assets of Vintage Industries, Inc. (“Vintage”) in a stock for assets purchase. The assets acquired consisted of remnants of an on going business with computerized plastics molds engineering and manufacturing equipment including a complete machine tool shop, patents pending for a process that rapidly produces plastic injection molds, numerous plastics injection molds and molding presses, all office and support equipment, and the then existing customer base of the company.Equipment

~~The~~Property Company pledged 1,440,000 shares of Restricted Common Stock, with a fair market value of approximately $274,000 according to the trading price of public shares on the day of the agreement, to be disbursed among the then shareholders of and byequipment ~~Vintage~~consisted ~~Industries, Inc. Vintage was to be dissolved in a timely manner, and future operations were to continue as a business segment~~ of the Company. The Company also agreed to assume responsibility for certain current and long-term liabilities of Vintage. The alleged GECC-Merrill Lynch-Business Lenders note remains unpaid as of December 31, 2011 (Note I). After the issuance of the shares used in this transaction, the effect would be that the former shareholders of Vintage would then own jointly approximately four percent (4%) of the then outstanding shares of the Company. The agreement also includes a Non-Competition Agreement from the former shareholders of Vintage for three years as well as a stock share “leak-out” restriction clause.following:

F14

December 31,	2012		2011

Manufacturing Equipment	$	—	$	722,467
Computer Equipment and Software		—		66,912
Office Furniture and Equipment		—		73,665
Leasehold Improvements		—		42,921
	$	—	$	905,965
Less: Accumulated Depreciation		—		896,683

Net Property and Equipment	$	—	$	9,282

~~MOBILE AREA~~Depreciation ~~NETWORKS~~expense for the years ended December 31, ~~INC~~2012 and 2011 was $3,094 and $6,188, respectively.

~~(A FLORIDA Corporation)~~F-11

~~Sanford~~MOBILE AREA NETWORKS, ~~Florida~~ INC.

~~NOTES TO~~(A ~~FINANCIAL~~FLORIDA ~~STATEMENTS~~CORPORATION)

~~Note J~~Sanford, ~~- Litigation~~Florida

OnNOTES ~~October~~TO 3,FINANCIAL 2002, a complaint was filed against the Company with the Circuit Court of Seminole County, Florida by David Byron, a former officer and employee of Vintage Industries, Inc., for non-delivery of 288,000 shares of Restricted Common Stock of Mobile Area Networks, Inc., per a general mutual release and separation agreement between Vintage Industries, Inc. and Mr. Byron. Mr. Byron is seeking immediate delivery of 288,000 shares of restricted common stock of Mobile Area Networks, Inc. and damages in the amount of the value of the stock. The Company is withholding delivery of the shares to Vintage Industries, Inc., as it was agreed to in its acquisition Agreement pending the return of various Vintage Industries owned assets which remain allegedly held in the possession of and by Mr. Byron. The Company intends to vigorously defend its position as the Company has never entered into any Agreement of any nature whatsoever with Mr. Byron. Therefore the Company does not believe the range of loss, if any, can be reasonably estimated at this time. Accordingly, no provision for possible loss has been made in these financial statements.STATEMENTS

~~There has~~Note ~~never~~G ~~been~~- Notes ~~at any time, any agreement made by or between Mobile Area Networks, Inc.~~ and ~~Mr. Byron~~Capital ~~relating~~Leases toPayable ~~stock shares or any other matter whatsoever.~~

OnNotes September 3, 2009 a complaint was filed against the company with the Circuit Court of Seminole County, Florida by Vortex Innerspace Products, Inc. concerning the alleged debt by the Company to Vortex. The company believes that the note holder violated its agreement to not-compete by Daryl Dockery VP and ~~had~~capital ~~agreed~~leases topayable ~~bring~~consisted ~~the molding business~~ of ~~Vortex to~~ the ~~Company. The Company therefore will vigorously defend its position. The Company believes that it will prevail in this action and therefore does not set aside any reserves pertaining to this case.~~following:

On February 17, 2010 a complaint was filed against the Company with the Circuit Court of Seminole County, Florida by Merrill Lynch Bank USA (now Business Lenders, Inc.), regarding a former obligation to GE Capital Small Business lending by Vintage Industries from which the Company acquired assets. The Company made all payments to date for Vintage on this obligation from the time of the Vintage Agreement. The Company was in discussions with GECC concerning a compromise on this debt and without notice GECC sold all of its loans. The Company is continuing to negotiate with Business Lenders, Inc. a more favorable settlement.

December 31,		2012		2011

Total Notes and Capital Leases Payable	$	100,481	$	108,342

Less: Amount Due Within One Year		100,481		99,596

Amount Due After One Year	$	—	$	—

~~F15~~Annual maturities of notes and capital leases payable for the five years succeeding December 31, 2012 are as follows:

MOBILE AREA NETWORKS, INC.

	2012				2013				2014				2015				2016				Thereafter				Total
	$	100,481			$	—			$	—			$	—			$	—			$	—			$	100,481

~~(A FLORIDA~~Interest ~~Corporation)~~expense on the notes payable and outstanding credit card balances for the years ended December 31, 2012 and 2011 was $17,207 and $33,700, respectively

~~Sanford, Florida~~F-12

~~NOTES TO~~MOBILE ~~FINANCIAL~~AREA ~~STATEMENTS~~NETWORKS, INC.

~~Note K~~(A ~~- Related~~FLORIDA ~~Party Transaction~~CORPORATION)

The Company’s President and Chief Executive Officer has continued to defer a large portion of his salary until such time as the Company’s cash position will allow such payments. Compensation of $120Sanford,~~000~~ per year has been accrued and accounted for in the accompanying financial statements under the Accrued Salaries - Related Party caption on the Balance Sheet. During 2011 and 2010, the Company’s President was paid $-0- and $10,000, respectively. The balance, $120,000 and $110,000, respectively, was accrued.. It is acknowledged by the Company’s management and ratified by its Board of Directors that this deferred salary along with personal notes to the Company by the CEO and his wife are considered wages and is the most superior lien and bond against all of the Company’s assets.Florida

~~Note L~~NOTES ~~- Going~~TO ~~Concern~~FINANCIAL STATEMENTS

~~The~~Note ~~Company’s~~H ~~financial statements have been presented on the basis that it is a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.~~- Leases

The Company ~~has~~entered ~~reported~~into ~~net~~a ~~losses~~building oflease ~~$326,215 and $413,373~~ for ~~the~~office ~~years~~and ~~ended~~manufacturing ~~December~~space ~~31,~~on ~~2011~~January ~~and 2010~~1, ~~respectively.~~2009 Asfor ~~a result~~25,000 ~~there~~square isfeet anfor ~~accumulated~~a ~~deficit~~term of ~~$7,117,570~~five atyears ~~December~~with ~~31,~~two ~~2011.~~options ~~The~~to ~~primary~~renew ~~causes~~for offive ~~the~~years ~~losses~~each. ~~are~~The ~~attributable~~building tolease ~~operating~~was ~~costs~~terminated ~~exceeding~~effective ~~attained~~May ~~sales due to foreign competition~~26, ~~and challenging economic conditions for manufacturing domestically~~2012.

~~The~~Future ~~Company’s~~minimum ~~continued~~lease ~~existence~~payments isfor ~~dependent~~the ~~upon~~five ~~its~~years ~~ability~~succeeding ~~to raise capital and achieving profitable operations. The Company continues to attempt to raise sufficient working capital through equity offerings~~December 31, ~~and~~2012 ~~to eliminate debt to lower its monthly debt service payments. The Company continues to fund operational deficits through equity financing through private individuals. The Company~~ is ~~currently pursuing other capital sources. These financial statements do not include any adjustments that might be necessary should the Company be unable to continue~~ as ~~a going concern.~~follows:

Note M- Subsequent Events

	2013				2014				2015				2016				2017				Total
	$	—			$	—			$	—			$	—			$	—			$	—

~~Management~~Note ~~has~~I ~~evaluated events occurring subsequent to December 31, 2011 and through March 31, 2012, the date the Company filed its annual report on Form 10~~-~~K, for their effect on these financial statements.~~ Acquisitions

~~F16~~Vintage Industries, Inc.

~~Exhibits~~On August 12, 2002, Mobile Area Networks, Inc. (“the Company”) entered into an asset purchase agreement to acquire all of the operating assets of Vintage Industries, Inc. (“Vintage”) in a stock for assets purchase. The assets acquired consisted of remnants of an on going business with computerized plastics molds engineering and manufacturing equipment including a complete machine tool shop, patents pending for a process that rapidly produces plastic injection molds, numerous plastics injection molds and molding presses, all office and support equipment, and the then existing customer base of the company.

~~Exhibit~~The ~~31.~~Company pledged 1,440,000 ~~CERTIFICATION~~shares ~~PURSUANT~~of TORestricted ~~THE~~Common ~~SARBANES~~Stock, with a fair market value of approximately $274,000 according to the trading price of public shares on the day of the agreement, to be disbursed among the then shareholders of and by Vintage Industries, Inc. Vintage was to be dissolved in a timely manner, and future operations were to continue as a business segment of the Company. The Company also agreed to assume responsibility for certain current and long-~~OXLEY~~term ~~ACT~~liabilities of Vintage. After the issuance of the shares used in this transaction, the effect would be that the former shareholders of Vintage would then own jointly approximately four percent (4%) of the then outstanding shares of the Company. The agreement also includes a Non-Competition Agreement from the former shareholders of Vintage for three years as well as a stock share “leak-out” restriction clause.

~~Exhibit 31.2 CERTIFICATION PURSUANT TO THE SARBANES~~F-~~OXLEY ACT~~13

~~Exhibit~~MOBILE 32AREA ~~CERTIFICATION~~NETWORKS, INC.

~~SIGNATURES~~(A FLORIDA CORPORATION)

~~In accordance with Section 13 or 15(d) of the Exchange Act~~Sanford, ~~the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.~~Florida

	MOBILE AREA NETWORKS, INC.
Date: September 17,2012	By:	/s/ George Wimbish
		George Wimbish
		President & CEO

NOTES TO FINANCIAL STATEMENTS

~~In accordance~~Note ~~with~~J ~~the Exchange Act, this report has been signed below by the following persons on behalf of the registrant and in capacities and on the dates indicated.~~- Litigation

Signature	Title	Date
/s/ George Wimbish	Director, Chairman, President, Chief Executive.	September 17, 2012
George Wimbish
/s/ Jerald R. Hoeft	Director, Treasurer, Chief Financial Officer	September 17, 2012
Jerald R. Hoeft

None.

F-14

MOBILE AREA NETWORKS, INC.

(A FLORIDA CORPORATION)

Sanford, Florida

NOTES TO FINANCIAL STATEMENTS

Note K - Related Party Transaction

The Company’s President and Chief Executive Officer has continued to defer a large portion of his salary until such time as the Company’s cash position will allow such payments. Compensation of $120,000 per year has been accrued and accounted for in the accompanying financial statements under the Accrued Salaries - Related Party caption on the Balance Sheet. During 2012 and 2011, the Company’s President was paid $-0-. The balance, $120,000, was accrued as a non-current liability. It is acknowledged by the Company’s management and ratified by its Board of Directors that this deferred salary along with personal notes to the Company by the CEO and his wife are considered wages and is the most superior lien and bond against all of the Company’s assets.

Note L - Going Concern

The Company’s financial statements have been presented on the basis that it is a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.

The Company has reported net income of $250,987 and a net loss of $326,215 for the years ended December 31, 2012 and 2011, respectively. As a result, there is an accumulated deficit of $6,866,583 at December 31, 2012. The primary causes of the losses are attributable to operating costs exceeding attained sales due to foreign competition, and challenging economic conditions for manufacturing domestically.

The Company’s continued existence is dependent upon its ability to raise capital and achieving profitable operations. The Company continues to attempt to raise sufficient working capital through equity offerings, and to eliminate debt to lower its monthly debt service requirements. The Company continues to fund operational deficits through equity financing and loans from stockholders. The Company is currently pursuing a merger partner and other sources of capital. These financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.

Note M- Subsequent Events

Management has evaluated events occurring subsequent to December 31, 2012 and through (FILING DATE), the date the Company filed its annual report on Form 10-K, for their effect on these financial statements.

F-15

Filing Compare · MOBILE AREA NETWORKS INC