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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Registration
Statement No. ____________</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SECURITIES
AND EXCHANGE COMMISSION</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Washington,
D.C. 20549</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">----------------------</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">FORM
S-8</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">REGISTRATION
STATEMENT</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Under</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">THE
SECURITIES ACT OF 1933</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">--------------------------</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SARS
CORPORATION</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">------------------------------------------------------</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Exact
name of registrant as specified in its charter)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">NEVADA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;33-0677545</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">-------------------------------&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;---------------------------------------</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;(State
of other
jurisdiction&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(IRS
Employer Identification No.)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>of incorporation or
organization)</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">601 108th
Ave NE, 19th Floor</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Bellevue,
WA 98004</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">--------------------------------------------------------</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Address,
including zip code, of registrant's principal</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">executive
offices)</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2008
OFFICER, DIRECTOR, AND PROFESSIONAL SERVICE PROVIDER COMPENSATION
PLAN</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">-------------------------------------</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Full
Title of the Plan)</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Nevada
Agency and Trust Company</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">50 West
Liberty St Ste 880, Reno, NV 89501.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">---------------------------------------</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Name and
address of agent for service)</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(206)
262-9545</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">-------------------------------------------------------------</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Telephone
number, including area code, of agent for service)</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">--------------------------------</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">If any of
the Securities being registered on this Form S-8 are to be offered on a delayed
or continuous basis pursuant to Rule 415 under the Securities Act of 1933, as
amended, other than securities offered only in connection with dividend or
interest reinvestment plans, check the following box. <font style="DISPLAY: inline; FONT-WEIGHT: bold; TEXT-DECORATION: underline">_X__</font></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">---------------------------------------------------------------------------------</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">CALCULATION
OF REGISTRATION FEE</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td valign="bottom" width="26%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Title
      of Securities</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">to
      be Registered</font></div>
            </td>
            <td valign="bottom" width="12%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Amount</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">to
      be</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Registered(1)</font></div>
            </td>
            <td valign="bottom" width="11%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Proposed</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Maximum</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Offering</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Price</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">per
      Share(2)</font></div>
            </td>
            <td valign="bottom" width="11%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Proposed</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Maximum</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Aggregate</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Offering</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Price</font></div>
            </td>
            <td valign="bottom" width="11%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Amount
      of</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Registration</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Fee</font></div>
            </td>
          </tr>
          <tr>
            <td valign="top" width="26%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Common
      Stock, par value $0.001 per share</font></div>
            </td>
            <td valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,000,000</font></div>
            </td>
            <td valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$0.25</font></div>
            </td>
            <td valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$1,250,000</font></div>
            </td>
            <td valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$76.64</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
          <tr valign="top">
            <td>
              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(1)Pursuant
      to Rule 416(a) under the Securities Act of 1933, as amended (the
      &#8220;Securities Act&#8221;), this registration statement also covers any additional
      securities that may be offered or issued in connection with any stock
      split, stock dividend or similar
transaction.</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
          <tr valign="top">
            <td>
              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(2)
      Estimated solely for the purposes of determining the registration fee
      pursuant to Rule 457.&#160;&#160;At the time of this filing, the average
      fair market value of the Company's common stock, determined from average
      of the bid and ask price Over the Counter, was $0.39 per share. On this
      basis, the maximum aggregate offering price for the shares being
      registered hereunder is $1,950,000 and this is the basis for computing the
      filing fee in accordance with Rule 457(h) and at a rate of the aggregate
      offering price multiplied by <font style="DISPLAY: inline; FONT-WEIGHT: bold">.</font>00003930.</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">------------------------------------------------------------------------------------------------------------</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">EXPLANATORY
NOTE</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">This
Registration Statement includes a reoffer prospectus (the &#8220;Reoffer Prospectus&#8221;)
prepared in accordance with General Instruction C of Form S-8 and in accordance
with the requirements of Part I of Form S-3.&#160;&#160;This Reoffer Prospectus
may be used for reoffers or resales, on a continuous or delayed basis, of an
aggregate of 5,000,000 shares of common stock.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><a name="fis_part_i"><br></a></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">REOFFER
PROSPECTUS</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">This
document constitutes part of a prospectus covering</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt">securities that have been registered
under the Securities Act of 1933</font>.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">5,000,000</font> <font style="DISPLAY: inline; FONT-WEIGHT: bold">Shares</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SARS
CORP.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Common
Stock</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(par
value $0.001 per share)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">_________________________________________________________________________________</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">S-8
ISSUANCE OF SARS CORPORATION</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">_________________________________________________________________________________</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
common stock may be sold from time to time by the selling stockholder or by his
pledgees, donees, transferees or other successors in interest.&#160;&#160;Such
sales may be made in the over-the-counter market or otherwise at prices and at
terms then prevailing or at prices related to the then current market price, or
in negotiated transactions.&#160;&#160;The common stock may be sold by one or
more of the following: (i) block trades in which the broker or dealer so engaged
will attempt to sell the shares as agent but may position and resell portions of
the block as principal to facilitate the transaction; (ii) purchases by a broker
or dealer as principal and resale by such broker or dealer for its account
pursuant to this prospectus; (iii) an exchange distribution in accordance with
the rules of such exchange; and (iv) ordinary brokerage transactions and
transactions in which the broker solicits purchases.&#160;&#160;In effecting
sales, brokers or dealers engaged by the selling stockholder may arrange for
other brokers or dealers to participate. Brokers or dealers will receive
commissions or discounts from selling stockholders in amounts to be negotiated
immediately prior to the sale.&#160;&#160;Such brokers or dealers and any other
participating brokers or dealers may be deemed to be &#8220;underwriters&#8221; within the
meaning of the Securities Act of 1933, as amended (the &#8220;Act&#8221;) in connection with
such sales.&#160;&#160;In addition, any securities covered by this prospectus
which qualify for sale pursuant to Rule 144 may be sold under Rule 144 rather
than pursuant to this prospectus.&#160;&#160;We will not receive any of the
proceeds from the sale of these shares, although we have paid the expenses of
preparing this prospectus and the related registration statement.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
September 2, 2008, the last reported sale price for our common stock on the Over
the Counter quotation system was $0.39 per share.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">See &#8220;Risk
Factors&#8221; beginning at page 4 for certain information which should be carefully
considered by prospective purchasers of the Shares offered hereby.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">THE
SECURITIES AND EXCHANGE COMMISSION HAS NOT APPROVED</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">OR
DISAPPROVED OF THESE SECURITIES, NOR HAS IT DETERMINED</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">IF THIS
PROSPECTUS IS TRUTHFUL AND COMPLETE. ANY</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">REPRESENTATION
TO THE CONTRARY IS A CRIMINAL OFFENSE.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The date
of this Prospectus is September 2, 2008</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><a name="fis_prospectus_summary">PROSPECTUS SUMMARY</a></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
following summary contains basic information about SARS
Corporation&#160;&#160;(&#8220;SARS&#8221; or the &#8220;Company&#8221;) and this prospectus. It may not
contain all of the information that is important to you. For a more complete
understanding, we encourage you to read the entire prospectus and the documents
incorporated by reference into this prospectus. In this prospectus, the words
&#8220;SARS,&#8221; &#8220;Company,&#8221; &#8220;we,&#8221; &#8220;our&#8221; and &#8220;us&#8221; refer to SARS Corporation.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><a name="fis_the_offering" /><a name="fis_unidentified_table_3">THIS
OFFERING</a></font></div>
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              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Common
      Stock outstanding after the offering</font></div>
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              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
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              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Use
      of Proceeds</font></div>
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              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
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      Company will not receive any proceeds.</font></div>
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          </tr>
          <tr>
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              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Risk
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              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
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      purchase of our common stock involves a high degree of risk. You should
      carefully review and consider &#8220;Risk Factors&#8221; beginning on page
      4.</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="37%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Over
      the Counter quotation system Trading Symbol</font></div>
            </td>
            <td align="left" valign="top" width="37%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SARO</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><a name="fis_more_information"><br></a></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">DOCUMENTS
INCORPORATED BY REFERENCE</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
following documents filed with the Securities Exchange Commission (the
&#8220;Commission&#8221;) pursuant to the Securities Exchange Act of 1934, as amended, (the
&#8220;Exchange Act&#8221;) are incorporated herein by reference:</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1. Annual
Report on Form 10-KSB for the fiscal year ended September 30, 2007.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2.
Quarterly Report on Form 10-QSB and Form 10-Q for the periods ended December 31,
2007, March 31, 2008 and June 30, 2008.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.
Current Reports on Form 8-K filed on August 31, 2007, September 7, 2007, October
9, 2007, October 30, 2007, November 5, 2007, November 13, 2007, December 14,
2007, December 21, 2007, January 4, 2008, January 18, 2008, February 19, 2008,
February 19, 2008, March 18, 2008, and July 10, 2008.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.&#160;&#160;Registration
Statement on Form 10-SB, as filed with the Commission on February 24,
1999.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">All
documents subsequently filed by SARS pursuant to Section 13(a), 13(c), 14 or
15(d) of the Securities Exchange Act of 1934 (the &#8220;Exchange Act&#8221;) prior to the
termination of this offering shall be deemed to be incorporated by reference in
this prospectus and to be a part of this prospectus from the date of filing
thereof.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Any
statement contained in a document incorporated by reference herein shall be
deemed to be modified or superseded for purposes of this prospectus to the
extent that a statement contained herein or in any other subsequently filed
document which also is or is deemed to be incorporated by reference herein
modifies or supersedes such statement. Any such statement so modified or
superseded shall not be deemed, except as so modified or superseded, to
constitute part of this prospectus.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We will
provide without charge to each person to whom this prospectus is delivered, upon
written or oral request of that person, a copy of all documents incorporated by
reference into the registration statement of which this prospectus is a part,
other than exhibits to those documents (unless such exhibits are specifically
incorporated by reference into such documents). Requests for such documents
should be directed to: Christopher Wain, Chief Executive Officer, 601 108<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: super">th</font> Ave NE,
19<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: super">th</font>
Floor, Bellevue, WA 98004 (425) 943-6140.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">FORWARD
LOOKING STATEMENTS</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Statements
and projections contained in this Prospectus that are not based on historical
fact, including but not limited to statements containing the words "believes,"
"anticipates," "intends," "expects" and words of similar import, as well as all
projections of future results, constitute "forward-looking
statements."&#160;&#160;This Prospectus contains forward-looking statements and
projections concerning the Company's or management's plans, intentions,
strategies, expectations, predictions and financial projections concerning the
Company's future activities and results of operations and other future events or
conditions.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">It is
important to note that the Company's actual results or activities or actual
events or conditions could differ materially from those projected by the Company
from such forward looking statements. The plans, strategies and intentions of
management may change based on increased experience with the Company's business
model as well as in response to competition, general economic trends, or
perceived opportunities, risks or other developments. Projections concerning the
Company's future results of operation and expansion plans are based on a number
of assumptions and estimates made by management concerning, among other things,
customer acceptance of and demand for the Company's services and products, the
timely availability of capital on acceptable terms, the Company's ability to
identify, attract and retain qualified support staff and personnel, research and
development costs and expenses and other future events and conditions. These
estimates and assumptions are believed by management to be reasonable, but are
dependent upon facts and conditions that are uncertain and unpredictable. To the
extent that actual events differ materially from management assumptions and
estimates, actual results will differ from those projected. See "Risk
Factors.&#8221;</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Risk
Factors</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">The
following information describes the various risks relating to both the Company&#8217;s
operations and its common stock.&#160;&#160;The below risks are deemed as being
material to a decision to invest in our Company.&#160; The Company could also be
adversely affected by additional risks and uncertainties not presently known or
believed to be material.&#160;&#160;The following risks should be considered
carefully, together with all of the other information included in this
prospectus, before an investor decides to purchase any shares of the Company&#8217;s
common stock.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td align="left" valign="top" width="72%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We
      have no substantial history of having meaningful revenues or profitable
      operations and may incur future losses, which will likely impair our
      future stock price.</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Most
      of our end-users are subject to budgetary and political constraints which
      may delay or limit purchases of our products, and we will have no control
      over those decisions</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We
      are dependent on a few of our larger customers and are vulnerable to
      changes in their asset tracking requirements</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Currently,
      a significant part of our revenue is attributable to contracts with
      government agencies, particularly the U.S. Coast Guard.&#160;&#160;Changes
      in the priorities of the government may affect the level of funding
      allocated towards U.S. Coast Guard programs.&#160;&#160;We may benefit if
      greater funds are allocated toward asset tracking to the extent that our
      business is engaged for such use.&#160;&#160;&#160;However, changes in
      priorities in government spending may diminish the U.S. Coast Guard&#8217;s
      capacity to engage our services.</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
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      revenue sources are presently concentrated in the maritime market and not
      yet diversified in other segments, which may adversely affect our business
      in an industry slump.</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Our
      business and operations would suffer in the event of system
      failures</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">From
      time to time, we install new or upgraded business management systems. To
      the extent such systems fail or are not properly implemented, we may
      experience material disruptions to our business, delays in our external
      financial reporting or failures in our system of internal controls, that
      could have a material adverse effect on our results of
      operations.</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      market price for our common stock, shares of which underlie our preferred
      stock, may be particularly volatile given our status as a relatively
      unknown company with a small and thinly traded public float, limited
      operating history and lack of profits which could lead to wide
      fluctuations in our share price.</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
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      executive officers, directors and insider shareholders, and parties
      related to them, will own or control approximately 26% of our outstanding
      common stock, which may limit the ability of our other shareholders,
      whether acting alone or together, to propose or direct the management or
      overall direction of our company.&#160;&#160;Additionally, this
      concentration of ownership could discourage or prevent a potential
      takeover that might otherwise result in receiving a premium over the
      market price of your shares.</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Risks
related to the Company&#8217;s Common Stock:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
Company&#8217;s common stock is subject to the penny stock rules.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
Securities and Exchange Commission has adopted a set of rules called the penny
stock rules that regulate broker-dealers with respect to trading in securities
with a bid price of less than $5.00. These rules do not apply to securities
registered on certain national securities exchanges&#160;(including the Nasdaq
Stock Market) or authorized for quotation on an automated quotation system
sponsored by a registered pre-1990 securities association, provided that current
price and volume information regarding transactions in such securities is
provided by the exchange or system. The penny stock rules require a
broker-dealer to deliver to the customer a standardized risk disclosure document
prepared by the Commission that provides information about penny stocks and the
nature and level of risks in the penny stock market. The broker-dealer also must
provide the customer with other information. The penny stock rules require that,
prior to a transaction in a penny stock, the broker-dealer must determine in
writing that the penny stock is a suitable investment for the purchaser and
receive the purchaser&#8217;s written agreement to the transaction. These disclosure
requirements may reduce the level of trading activity in the secondary market
for a stock that is subject to the penny stock rules. If a market ever does
develop for our common stock, as to which we can give no assurance, and it
should remain subject to the penny stock rules, holders of our common stock may
find it more difficult to sell their shares of our common stock.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
Company does not anticipate paying dividends on our common stock in the
foreseeable future.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We intend
to retain future earnings, if any, to fund our operations and to expand our
business. Accordingly, we do not anticipate paying cash dividends on shares of
our common stock in the foreseeable future.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
Company&#8217;s board right to authorize additional shares of preferred stock could
adversely impact the rights of holders of our common stock.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Our board
of directors currently has the right, with respect to the 50 million authorized
shares of blank check preferred stock, to authorize the issuance of one or more
series of our preferred stock with such voting, dividend and other rights as our
directors determine. Such action can be taken by our board without the approval
of the holders of our common stock. Accordingly, the holders of any new series
of preferred stock could be granted voting rights that reduce the voting power
of the holders of our common stock. For example, the preferred holders could be
granted the right to vote on a corporate reorganization or acquisition even if
the reorganization of acquisition would not have an adverse effect on their
rights. This right, if granted, would give them a veto with respect to any
reorganization. Or they could be granted 20 votes per share while voting as a
single class with the holders of the common stock, thereby diluting the voting
power of the holders of our common stock. In addition, the holders of any new
series of preferred stock could be given the option to be redeemed in cash in
the event of a reorganization or acquisition. This would make an acquisition of
our Company less attractive to a potential acquirer. Thus, our board could
authorize the issuance of shares of the new series of preferred stock in order
to defeat a proposal for the acquisition of our Company which a majority of our
then holders of our common stock otherwise favor.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Anti-takeover
effects of certain provisions of Nevada state law hinder anti-takeover effects
of certain a potential takeover of SARS</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Though
not now, we may be or in the future we may become subject to Nevada&#8217;s control
share law. A corporation is subject to Nevada&#8217;s control share law if it has more
than 200 stockholders, at least 100 of who are stockholders of record and
residents of Nevada, and it does business in Nevada or through an affiliated
corporation.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The law
focuses on the acquisition of a &#8220;controlling interest&#8221; which means the ownership
of outstanding voting shares sufficient, but for the control share law, to
enable the acquiring person to exercise the following proportions of the voting
power of the corporation in the election of directors: (i) one-fifth or more but
less than one-third, (ii) one-third or more but less than a majority, or (iii) a
majority or more. The ability to exercise such voting power may be direct or
indirect, as well as individual or in association with others.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
effect of the control share law is that the acquiring person, and those acting
in association with it, obtains only such voting rights in the control shares as
are conferred by a resolution of the stockholders of the corporation, approved
at a special or annual meeting of stockholders. The control share law
contemplates that voting rights will be considered only once by the other
stockholders. Thus, there is no authority to strip voting rights from the
control shares of an acquiring person once those rights have been approved. If
the stockholders do not grant voting rights to the control shares acquired by an
acquiring person, those shares do not become permanent non-voting shares. The
acquiring person is free to sell its shares to others. If the buyers of those
shares themselves do not acquire a controlling interest, their shares do not
become governed by the control share law.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">If
control shares are accorded full voting rights and the acquiring person has
acquired control shares with a majority or more of the voting power, any
stockholder of record, other than an acquiring person, who has not voted in
favor of approval of voting rights is entitled to demand fair value for such
stockholder&#8217;s shares.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Nevada&#8217;s
control share law may have the effect of discouraging takeovers of the
corporation.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
addition to the control share law, Nevada has a business combination law which
prohibits certain business combinations between Nevada corporations and
&#8220;interested stockholders&#8221; for three years after the &#8220;interested stockholder&#8221;
first becomes an &#8220;interested stockholder,&#8221; unless the corporation&#8217;s board of
directors approves the combination in advance. For purposes of Nevada law, an
&#8220;interested stockholder&#8221; is any person who is (i) the beneficial owner, directly
or indirectly, of ten percent or more of the voting power of the outstanding
voting shares of the corporation, or (ii) an affiliate or associate of the
corporation and at any time within the three previous years was the beneficial
owner, directly or indirectly, of ten percent or more of the voting power of the
then outstanding shares of the corporation. The definition of the term &#8220;business
combination&#8221; is sufficiently broad to cover virtually any kind of transaction
that would allow a potential acquiror to use the corporation&#8217;s assets to finance
the acquisition or otherwise to benefit its own interests rather than the
interests of the corporation and its other stockholders.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
effect of Nevada&#8217;s business combination law is to potentially discourage parties
interested in taking control of SARS from doing so if it cannot obtain the
approval of our board of directors.</font><a name="fis_proceed_use" /></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">THE
COMPANY</font></div>
    <div>
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            <td style="WIDTH: 27pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
      </font></div>
            </td>
            <td>
              <div align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Overview</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Business
Description</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Organization</font>&#160;&#8211;
SARS Corporation, a Nevada corporation, (formerly Mycom Group, Inc. prior to the
August 2007 merger with Veritas Solutions, Inc. and its wholly-owned subsidiary,
Secure Asset Reporting Services, Inc., and subsequently renamed), and together
with its subsidiaries (&#8220;SARS&#8221; or the &#8220;Company&#8221;) is headquartered near Seattle,
Washington U.S.A.&#160;&#160;Utilizing a network of satellite, cellular and VHF
radio systems, SARS provides remote asset management and telematics solutions
that deliver real-time business intelligence about fixed and mobile assets
including vessels, cargo containers, trucks, aircraft, fuel tanks, bridges, and
pipelines anywhere in the world.&#160;&#160;With the SARS Tracpoint &#174; software
suite, business and government organizations in the marine, energy,
transportation and other industries can track, monitor and manage assets for
improved safety, better security and increased business
efficiency.&#160;&#160;&#160;In December 2007, the Company closed its asset
purchase agreement of Andronics Ltd., a company located in Northern Ireland, and
which provides global two-way data solutions for monitoring and controlling
remote assets.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Business</font> &#8211; Veritas
Solutions, Inc. (&#8220;VSI&#8221; and also known in the industry as VSI Wireless, Secure
Asset Reporting Services and SARS) was formed to capitalize on the
well-established trend toward remote asset management in the tracking and
operation of capital assets. Our mission is to become the leader in this broad,
highly fragmented market. Today, the worldwide infrastructure for the tracking
of assets consists of disparate satellite and cellular communications networks,
VHF radio-based systems, and hardware devices and software applications that
apply predominantly to specific classes of assets (for example, only to ships or
only to road trailers). Within this market, we believe that we offer the only
complete remote asset management solution, one that is both customizable and
independent of the type of communications or hardware. Our solution can track
assets anywhere in the world, providing timely, accurate and pertinent
information to our customers in real time. The Company has initially targeted
asset tracking in four industries: marine, upstream and downstream oil and gas
production, cargo trailers/containers and aviation.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In June
and again in August 2008, the Company announced that its revenue projections for
the fiscal years ending September 30, 2008 and 2009 were revised downward due to
the time, expense and effort associated with (i) completion of product design
and development; (ii) introduction of its UtilityEye&#174; product to a commercial
market; and (iii) establishment of a strategic relationship with a manufacturing
partner.&#160;&#160;In connection with restructuring its operations and
redesigning its products, sales strategy and manufacturing relationships, and
due to higher than anticipated costs associated with the launch of its
products,&#160;&#160;it is expected that SARS will continue to experience net
losses throughout this current fiscal year, and beyond into fiscal
2009.&#160;&#160;During 2008, SARS has improved its operations facilities to
vastly increase production capabilities, restructured its management team,
including the hiring of a new CEO/COO, and acquired new technology that will
increase the quality and demand of its products.&#160;&#160;As a result of these
actions, SARS has cut costs, created a strong distribution network, standardized
its technology to make it world class, and added &#8220;best of breed&#8221; partners, such
as RackSpace and Flextronics, to meet the expectations of its
customers.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">During
2008 we combined Andronics Leocate and SARS&#8217; Intellitrax business intelligence
software into one system Tracpoint &#174;.&#160;&#160;Tracpoint is a centralized
platform for the acquisition, aggregation and dissemination of intelligence on
mobile and fixed assets.&#160;&#160;The technology behind the system is a
hardware-indifferent foundation for tracking remote assets that are engaged in
the distribution of goods in commerce, through terrestrial and satellite
communications platforms.&#160;&#160;The technology provides for the
acquisition, data warehousing and subsequent presentation of multiple data sets,
including location, maintenance records, security status, control data and state
of goods while in storage or transit.&#160;&#160;&#160;The Company intends to
seek patent protection for a number of aspects of its proprietary
technology.&#160;&#160;With Tracpoint, we gather tracking and other data from
disparate sources on various assets such as ships, planes and containers, and
present them to our customers in one place in an easy-to-use
format.&#160;&#160;For these services, customers pay us an ongoing access
fee.&#160;&#160;SARS can source data from third-party hardware that the Company
can resell and install, or from hardware that is already in use by the business
operator or government agency.&#160;&#160;Our software, which consists of
proprietary and licensed software, allows our customers to track their assets
anywhere in the world, in real time, 24 hours a day.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In a
market where most firms utilize a global positioning satellite, or GPS, message
to provide basic information on the location of an asset, the Company
distinguishes its product by going beyond just asset tracking.&#160;&#160;Asset
location is the first piece of data and it becomes the launching point for a
more extensive set of data about the usage and condition of the asset, its
financial impact on the customer&#8217;s business and other critical operational
parameters.&#160;&#160;SARS believes that taking GPS data, merging it with key
performance expectations and presenting the results to a fleet manager provides
a powerful edge in safety and security, administrative cost reduction and in
revenue and margin enhancement.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
Company does not manufacture hardware products.&#160;&#160;All hardware utilized
in the remote asset management solutions is provided by third-party vendors or
directly from manufacturers.&#160;&#160;During 2008, we condensed our Andronics
supply chain and moved our manufacturing relationship to Flextronics, pursuant
to which we can have more unit volume capacity as compared to prior limitations,
and will be able to reduce unit costs.&#160;&#160;In terms of research and
development, as technology advances and new hardware equipment becomes available
the Company maintains the flexibility to develop essential connection software
to process the data that these new units produce.&#160;&#160;In this regard, in
2008, we have been re-engineering our UtilityEye&#174; LPG units with Flextronics and
are continuing to produce smaller, lighter and less costly units.&#160;&#160;The
Company also continues to improve the software displays of its application layer
and the processing of existing data in the core platform layer in order to grow
as new customers and assets come online.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Our
revenue model is comprised of (i) a monthly recurring software usage fee for
access to Tracpoint including long-range identification tracking display,
automatic identification system display, alarm notifications and alarm
monitoring; (ii) a monthly recurring airtime and data delivery fee for the cost
of airtime from our service providers, plus mark-ups; and (iii) one-time fees
for hardware, installation, shipping, customization and special programming
requirements. As demand dictates, we resell and install hardware from third
parties to facilitate data flow and, in turn, we expect revenues from such
resale and installations to be a large part of our initial revenue
base.&#160;&#160;Our objective is to migrate new customers to a recurring
revenue model, one that imposes a software usage fee. We expect revenues to
continue to increase in most, if not all, revenue sources. We are adding new
customers to our system and with new customers&#160;there is&#160;the potential
for an additional recurring revenue source.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Subsequent
Event</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
December 20, 2007, SARS, through its United Kingdom subsidiary, Jinkhold, Ltd.
(&#8220;Jinkhold&#8221;), finalized and closed a material definitive agreement (the
&#8220;Agreement&#8221;) with Andronics, Ltd., a company formed under the laws of Northern
Ireland (&#8220;Andronics&#8221;).&#160;&#160;The Agreement was executed on October 26,
2007.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Under the
Agreement, SARS purchased&#160;substantially all&#160;assets of Andronics for
the following consideration: (i) assumption of certain liabilities; (ii) 50,000
shares of SARS common stock; (iii) convertible debentures totaling $722,000 USD;
and (iv) certain stock options in the amount of 1,500,000 shares of common stock
of the Company.&#160;&#160;In connection with the Agreement and as conditions of
closing, (i) Jinkhold executed a lease agreement with certain shareholders of
Andronics for office space in Northern Ireland; and (ii) Andronics service
contract with British Petroleum was novated to Jinkhold.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Additionally,
on December 20, 2007, SARS, Jinkhold and Andronics executed the First Amendment
to the Agreement, whereby (i) the closing date was extended and (ii) the parties
to which the consideration mentioned above as well as 1,000,000 shares of SARS
common stock options (defined in the Agreement) were amended to reflect that
these items shall be issued to Andronics, Ltd.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Technology
Platform and Intellectual Property</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
technology behind the Intellitrax system is a hardware-agnostic foundation for
tracking remote assets that are engaged in the distribution of goods in
commerce, through terrestrial and satellite communications
platforms.&#160;&#160;The technology provides for the acquisition, data
warehousing and subsequent presentation of multiple data sets, including
location, maintenance records, security status, control data and state of goods
while in storage or transit.&#160;&#160;&#160;The Company intends to seek patent
protection for a number of aspects of its proprietary technology.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
Company believes it has developed patentable intellectual property in the
following areas:</font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;</font></div>
            </td>
            <td align="left" valign="top" width="66%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Parser
      &#8211; Novel parsing and translation of incoming data packets.&#160;&#160;Our
      Multiple Processing Parser is a fully scalable data parser that is
      hardware and device independent, and it is completely Microsoft.NET
      compliant.</font></div>
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    </div>
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    <div>
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            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;</font></div>
            </td>
            <td align="left" valign="top" width="66%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Triggering
      &#8211; Novel automation of tasks based on asset location and
      status.&#160;&#160;Events, data filtering and anomaly detection can be
      performed by our data parsers in conjunction with our data
      servers.</font></div>
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    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div>
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          <tr>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;</font></div>
            </td>
            <td align="left" valign="top" width="66%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Forms
      &#8211; Novel processing and communication of forms for a variety of businesses
      are available to customers via mobile
  communications.</font></div>
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      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SARS
currently has registered trademarks on the following: SARS Roadtrac, SARS
Tracpoint, SARS Secure Trac, SARS Directrac, SARS Marinetrac and
SARS.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
Company does not manufacture hardware products.&#160;&#160;All hardware that is
utilized in the remote asset management solutions is provided by third-party
vendors or directly from manufacturers.&#160;&#160;In terms of research and
development, as technology advances and new hardware equipment becomes
available; the Company maintains the flexibility to develop essential connection
software to process the data that these new units produce.&#160;&#160;The
Company also continues to improve the software displays of its application layer
and the processing of existing data in the core platform layer in order to grow
as new customers and assets come online.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SARS&#8217;
facilities house servers in locations around the United States and in other
parts of the world. SARS intends to add servers and locations to meet increasing
customer demand, and to improve redundancies.&#160;&#160;At the present time,
its servers are running at less than 3% of capacity utilization.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Customers
and Target Markets</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Early
adopters of Intellitrax include the U.S. Coast Guard, U.S. Navy, U.S. Customs
and Border Protection, State of Hawaii Department of Transportation, various
port authorities (including Honolulu, New York/New Jersey and Seattle/Tacoma),
Carnival Cruise Lines, Celebrity Cruises Inc., Princess Cruises, Cemex S.A.B. de
C.V., Chevron Corporation and Exxon Mobil Corporation. Most of these customers
have used SARS&#8217; solution in pilot programs.&#160;&#160;At the present time, the
three largest ongoing (and post-pilot program stage) customers are the Marine
Exchange of Alaska, which tracks all vessels in Alaskan coastal waters, the
Marine Exchange of Puget Sound, which tracks all vessels in the Washington State
coastal waters of Puget Sound, and A.P. M&#248;ller-M&#230;rsk A/S, a global ocean
carrier.<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman">&#160;</font>The Company
provide these and other customers with shelf-to-shelf tracking &#173;&#173;&#8211; from
point of origin to point of sale or permanent destination &#8211; and a complete line
of applications covering tracking marine, rail, truck, cargo container and air
assets.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Competition</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
highly fragmented remote asset management market is filled with companies that
can utilize a GPS message to provide basic information on the location of an
asset.&#160;&#160;However, SARS believes that they are the only company that can
provide tracking that is platform agnostic, or independent of particular
hardware and communication services, and capable of achieving profit margins
similar to software enterprises.&#160;&#160;Unlike SARS, the competition seems
to focus their resources on target niche markets (for example, trucking,
containers or marine) and operates using dedicated hardware.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Competitive
Advantages</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SARS
believes that we are the only company that can provide tracking that is
platform-agnostic, or independent of particular hardware and communication
services, as comprehensive as a customer may need, and capable of achieving
profit margins similar to software enterprises. SARS believes Intellitrax and
the remote asset management solutions offer the following distinct
advantages:</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;</font></div>
            </td>
            <td align="left" valign="top" width="63%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Complete remote asset
      management solution</font>.&#160;&#160;Intellitrax is the only available
      remote asset management solution that constitutes a complete platform to
      handle the acquisition, management and application of remote asset
      information.&#160;&#160;We believe that products from other vendors do not
      provide a complete solution, as they are limited to an abbreviated suite
      of hardware devices and/or a narrow range of asset types (for example,
      only ships or only road trailers).</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;</font></div>
            </td>
            <td align="left" valign="top" width="63%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Communications
      independent</font>.&#160;&#160;Our customers can choose the communications
      service that best meets their needs and budget.&#160;&#160;Products from
      other vendors are typically tied exclusively to a specific communications
      service, which prevents customers from benefiting from advances in
      communications technology.&#160;&#160;In addition, the products of some
      other vendors rely on communication services that do not provide worldwide
      or even nationwide domestic coverage, while the Intellitrax system has
      global reach.</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;</font></div>
            </td>
            <td align="left" valign="top" width="63%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Hardware
      independent</font>.&#160;&#160;Our customers can use the data communicator
      hardware that best meets their needs and budget.&#160;&#160;Products from
      other vendors are typically bound exclusively to proprietary hardware,
      which prevents customers from benefiting from general advances in hardware
      technology.</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;</font></div>
            </td>
            <td align="left" valign="top" width="63%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Customizable</font>.&#160;&#160;Because
      Intellitrax is a complete and flexible platform, custom applications can
      be developed rapidly to accommodate any unique needs of our
      customers.</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;</font></div>
            </td>
            <td align="left" valign="top" width="63%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Superior
      mapping</font>.&#160;&#160;Based on our customers&#8217; feedback, Intellitrax&#8217;
      mapping application delivers a superior user
      experience.&#160;&#160;Customers continue to cite this feature as a
      significant advantage.</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;</font></div>
            </td>
            <td align="left" valign="top" width="63%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Superior reporting and
      notification</font>.&#160;&#160;Our reports are formatted to match each
      individual customer&#8217;s reports and forms.&#160;&#160;Automatic notification
      can be sent to any customer&#8217;s designated recipient via fax, email, phone
      or web, at any predetermined
frequency.</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;</font></div>
            </td>
            <td align="left" valign="top" width="63%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Web-based</font>.&#160;&#160;Intellitrax
      applications are delivered via a standard Internet browser with little or
      no further software requirements.&#160;&#160;Products from other vendors
      typically require custom client software to be installed and maintained,
      and employees to be trained.</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Legislation
and Government Regulation</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Due in
large part to the relative newness of the remote asset management industry,
there are currently no regulations specifically governing suppliers of asset
tracking technology.&#160;&#160;Many of the Company&#8217;s customers, however,
especially in the maritime industry, are mandated by law to utilize asset
tracking systems.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
Company has worked, and continues to work, to facilitate legislation that
authorizes the U.S. Congress to appropriate money for a national tracking system
using Automated Secure Vessel Tracking System.&#160;&#160;We are currently
working with House and Senate members to pass appropriations for ASVTS to be
used nationally.&#160;&#160;Bills already requiring the use of ASVTS include the
Coast Guard Re-authorization Act of 2005, the Marine Security Act and the SAFE
Act.&#160;&#160;Legislation indirectly impacting our business includes: Maritime
Security Act of 2002, Coast Guard Re-Authorization Act, Port Security
Improvement Act of 2006 and the Security and Freedom Ensured Act of
2007.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Employees</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">As of
&#173;&#173;&#173;&#173;&#173;&#173;&#173;&#173;&#173;&#173;&#173;&#173;&#173;&#173;&#173;August
27, 2008, SARS had approximately&#160;19 full time employees.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SECURITY
OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
following table sets forth, as of September 2, 2008 certain information
regarding the ownership of SARS capital stock by each director and executive
officer of SARS, each person who is known to SARS to be a beneficial owner of
more than 5% of any class of SARS capital stock, and by all officers and
directors of SARS as a group.&#160;&#160;Unless otherwise indicated below, to
SARS knowledge, all persons listed below have sole voting and investing power
with respect to their shares of capital stock except to the extent authority is
shared by spouses under applicable community property laws.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Beneficial
ownership is determined in accordance with the rules of the Securities and
Exchange Commission (&#8220;SEC&#8221;) and generally includes voting or investment power
with respect to securities.&#160;&#160;Shares of common stock subject to options
or convertible securities exercisable or convertible within sixty (60) days of
August 15, 2008 are deemed outstanding for computing the percentage of the
person or entity holding such options or convertible securities but are not
deemed outstanding for computing the percentage of any other person, and is
based on 21,867,514 shares of common stock issuable or issued and outstanding on
a fully diluted basis, as of September 2, 2008.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td align="left" valign="top" width="21%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">TITLE
      OF CLASS</font></div>
            </td>
            <td align="left" valign="top" width="21%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">NAME
      AND ADDRESS OF BENEFICIAL OWNER</font></div>
            </td>
            <td align="left" valign="top" width="24%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">AMOUNT
      AND NATURE OF BENEFICIALOWNERSHIP</font></div>
            </td>
            <td align="right" valign="top" width="8%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">%
      OF CLASS</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Common,
      $.001 par value</font></div>
            </td>
            <td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Christopher
      Wain, Director and CEO</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">601
      108<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: super">th</font>
      Ave NE, 19<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: super">th</font>
      Floor</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Bellevue,
      WA 98004</font></div>
            </td>
            <td align="left" valign="top" width="24%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">700,000
      (1)</font></div>
            </td>
            <td align="right" valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1.8%</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Common,
      $.001 par value</font></div>
            </td>
            <td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Alan
      Chaffee, Director and CFO</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">601
      108<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: super">th</font>
      Ave NE, 19<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: super">th</font>
      Floor</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Bellevue,
      WA 98004</font></div>
            </td>
            <td align="left" valign="top" width="24%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">650,000
      (2)</font></div>
            </td>
            <td align="right" valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1.7%</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Common,
      $.001 par value</font></div>
            </td>
            <td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">David
      Otto, Director and Secretary</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">601
      Union St, Suite 4500</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Seattle,
      WA 98101</font></div>
            </td>
            <td align="left" valign="top" width="24%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">7,691,414
      (2)</font></div>
            </td>
            <td align="right" valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">19.6%</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Common,
      $.001 par value</font></div>
            </td>
            <td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Clayton
      Shelver, Director</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">601
      108<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: super">th</font>
      Ave NE, 19<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: super">th</font>
      Floor</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Bellevue,
      WA 98004</font></div>
            </td>
            <td align="left" valign="top" width="24%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">377,925</font></div>
            </td>
            <td align="right" valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&lt;1%</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Common,
      $.001 par value</font></div>
            </td>
            <td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Saratoga
      Capital Partners I, Inc.</font></div>
            </td>
            <td align="left" valign="top" width="24%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2,956,250
      (3)</font></div>
            </td>
            <td align="right" valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">7.5%</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(1) This
amount includes a common stock purchase warrant to acquire up to 500,000 shares
of common stock at $1.00/share with an expiration date of July 16,
2013.&#160;&#160;</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(2) This
amount includes a common stock purchase warrant to acquire up to 500,000 shares
of common stock at $1.00/share with an expiration date of July 16,
2013.&#160;&#160;</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;(3)&#160;&#160;Of
the shares of Common Stock held by Mr. Otto, 730,000 shares are held by Otto
Capital Holdings, Inc., of which Mr. Otto is the President; 2,500,000 are held
by Saratoga Capital Partners I, Inc., of which Mr. Otto is a member; and
1,386,000 shares are held by The Otto Law Group, PLLC, of which Mr. Otto is the
principal.&#160;&#160;Crimson Capital, LLC, of which Mr. Otto is a member, owns
a common stock purchase warrant to acquire up to 100,000 shares at $1.00/share
with an expiration date of September 30, 2011.&#160;&#160;Cambridge Partners,
LLC, of which Mr. Otto is a member, owns a common stock purchase warrant to
acquire up to 100,000 shares at $1.00/shares with an expiration date of
September 30, 2011.&#160;&#160;Saratoga Capital Partners I, Inc. owns a common
stock purchase warrant to acquire up to 1,250,000 shares at $1.00/share with an
expiration date of September 30, 2011.&#160;&#160; In connection with an
engagement agreement between The Otto Law Group, PLLC (&#8220;OLG&#8221;), of which Mr. Otto
is the manager, and the Company, (i)&#160;&#160;a common stock purchase warrant
to acquire up to 40,500 shares of common stock at $1.25 per
share/cashless.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(4) This
amount includes a common stock purchase warrant to acquire up to 1,250,000
shares at $1.00/share with an expiration date of September 30,
2011.&#160;&#160;</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">DIRECTORS
AND EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Neither
the Company, its property, or any of its directors or officers is a party to any
pending legal proceeding, nor have they been subject to a bankruptcy petition
filed against them.&#160;&#160;None of its officers or directors has been
convicted in, nor is subject to, any criminal proceeding.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Our
directors and officers as of September 2, 2008 are set forth below.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td align="left" valign="top" width="24%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">NAME</font></div>
            </td>
            <td valign="top" width="14%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">AGE</font></div>
            </td>
            <td align="left" valign="top" width="34%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">POSITIONS</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="24%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Christopher
      Wain</font></div>
            </td>
            <td valign="top" width="14%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">47</font></div>
            </td>
            <td align="left" valign="top" width="34%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;Chief
      Executive Officer</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="24%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">David
      Otto</font></div>
            </td>
            <td valign="top" width="14%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">50</font></div>
            </td>
            <td align="left" valign="top" width="34%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Director,
      Secretary</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="24%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Alan
      Chaffee</font></div>
            </td>
            <td valign="top" width="14%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">42</font></div>
            </td>
            <td align="left" valign="top" width="34%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Director,
      CFO</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="24%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Clayton
      Shelver</font></div>
            </td>
            <td valign="top" width="14%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">42</font></div>
            </td>
            <td align="left" valign="top" width="34%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Director</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Mr. Wain</font>, 47, has over 25
years of engineering, management, manufacturing and
integration&#160;&#160;experience.&#160;&#160;Since 2000, Mr. Wain has worked
with ASAI Consulting (&#8220;ASAI&#8221;).&#160;&#160;With ASAI, Mr. Wain has focused on
engineering, research and development, business development, contract
negotiation and management, manufacturing outsource (internationally),
operations management, finance and human resources.&#160;&#160;Additionally, Mr.
Wain has worked with British Aerospace, British Petroleum, General Electric,
Bombardier, Alenia and Ciba Geigy.&#160;&#160;Mr. Wain obtained his bachelor&#8217;s
degree in mechanical engineering from the University of Middlesex.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Mr. Otto</font> has been the
Secretary and a director of since August 2007 and was the Secretary and a
director of Veritas Solutions, Inc. since November 2006.&#160;&#160;Mr. Otto is
a Seattle-based attorney and President of The Otto Law Group, PLLC, since
1999.&#160;&#160;Mr. Otto&#8217;s practice focuses on corporate finance, securities
and mergers and acquisitions, as well as corporate law and
governance.&#160;&#160;He is currently a member of the Board of Directors of
Vocalscape Networks, Inc., SinoFresh Healthcare, Inc., Renaissance Window
Fashions, Inc., Avisere, Inc., TechAlt, Inc., Saratoga Capital Partners, Inc.,
ECO<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: sub">2</font>
Plastics, Inc. and Cambridge Partners, LLC.&#160;&#160;Mr. Otto earned an A.B.
degree from Harvard University and J.D. from Fordham University School of
Law<font style="DISPLAY: inline; FONT-STYLE: italic">.</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Mr. Chaffee</font>, 42, has over 15
years of professional experience in public accounting and private
industry.&#160;&#160;&#160;Mr. Chaffee is a CPA and, since 2002, has been the
Managing Partner at Goff Chaffee Geddes, PLLC (&#8220;GCG&#8221;), a CFO consulting
firm.&#160;&#160;As a CFO consultant, Mr. Chaffee has assisted development stage
companies make the transition to public companies.&#160;&#160;He has also
assisted $1B companies meet their SEC reporting and Sarbanes-Oxley
requirements.&#160;&#160;Prior to joining GCG, Mr. Chaffee held positions as
both CFO and COO for middle market aerospace companies.&#160;&#160;In 1992, Mr.
Chaffee earned a BS in Business and Accounting from the University of
Oregon.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Mr. Shelver</font> has been the Chief
Executive Officer since August 2007 and a director since October
2007.&#160;&#160;He previously was the Chief Executive Officer and a director of
Veritas Solutions, Inc. since November 2006, and was the co-founder and Chief
Executive Officer of Secure Asset Reporting Services, Inc. (&#8220;Secure Asset&#8221;) from
November 2001 until its acquisition by Veritas Solutions, Inc. in
2006.&#160;&#160;Mr. Shelver has extensive experience in information technology
and remote data communications and has been in the marine transportation
business for over 18 years.&#160;&#160;Before founding Secure Asset, Mr. Shelver
worked at Yukon Fuel Company (now part of Crowley Marine Services) from August
1996 to November 2001, serving as Vice President and Assistant General Manager.
He was responsible for the ISO 9002 Quality Assurance Program, information
technology department, mergers and acquisitions and the development of what is
now the tracking system for equipment, inventory and freight
status.&#160;&#160;&#160;Prior to Yukon Fuel, Mr. Shelver was Traffic and IT
Manager for Yutana Barge Lines in Alaska. He reengineered the entire billing
systems and designed and implemented the current information technology
infrastructure which included a 15-node wide area network throughout the state
and abroad. Mr. Shelver also assisted with writing the first state-approved
spill prevention and contingency plan, as well as the spill prevention plans for
a major carrier on the Columbia River.&#160;&#160;Mr. Shelver received a B.A.
degree and an M.B.A. from the University of Washington.&#160;&#160;Mr. Shelver
also graduated from the U.S. Army Signal School Officer Basic Course and served
as Commanding Officer for FEMA&#8217;s Region X Communication
Detachment.&#160;&#160;His licenses and certificates include FAA multi-engine
pilot&#8217;s license, USCG tankerman&#8217;s license, DOT Class A driver&#8217;s license with
tanker endorsement and a Microsoft Certified System Engineer.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><a name="fis_risk_factors">SELLING SHAREHOLDERS</a></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">This
prospectus covers the offering of shares of common stock by selling
shareholders.&#160;&#160;This is an offering of 5,000,000 shares of our common
stock.&#160;&#160;We will not receive any proceeds from the sale of the shares
by the selling shareholders.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td valign="top" width="20%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: times new roman"><font style="DISPLAY: inline">Name</font></font></div>
            </td>
            <td valign="top" width="17%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Position</font></div>
            </td>
            <td valign="top" width="10%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Shares&#160;&#160;Owned
      </font><font style="DISPLAY: inline; FONT-SIZE: 10pt">(1)</font></font></div>
            </td>
            <td valign="top" width="13%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Shares&#160;&#160;Offered</font></div>
            </td>
          </tr>
          <tr>
            <td valign="top" width="20%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Chris
      Wain</font></div>
            </td>
            <td valign="top" width="17%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Chief
      Executive Officer</font></div>
            </td>
            <td valign="top" width="10%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,000,000</font></div>
            </td>
            <td valign="top" width="13%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">300,000</font></div>
            </td>
          </tr>
          <tr>
            <td valign="top" width="20%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Terry
      Lang</font></div>
            </td>
            <td valign="top" width="17%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Investor
      Relations</font></div>
            </td>
            <td valign="top" width="10%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">175,275</font></div>
            </td>
            <td valign="top" width="13%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">126,000</font></div>
            </td>
          </tr>
          <tr>
            <td valign="top" width="20%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Alan
      Chaffee</font></div>
            </td>
            <td valign="top" width="17%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Chief
      Financial Officer</font></div>
            </td>
            <td valign="top" width="10%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,250,000</font></div>
            </td>
            <td valign="top" width="13%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">600,000</font></div>
            </td>
          </tr>
          <tr>
            <td valign="top" width="20%" style="TEXT-ALIGN: center"><font size="2">Clayton
      Shelver</font></td>
            <td valign="top" width="17%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;Chief
      Technology Officer</font></td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">472,925&#160;</font></td>
            <td valign="top" width="13%">
              <div style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;195,000</font></div>
            </td>
          </tr>
          <tr>
            <td valign="top" width="20%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">The
      Otto Law Group</font></div>
            </td>
            <td valign="top" width="17%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Legal
      Counsel,</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&gt;
      10% Shareholder</font></div>
            </td>
            <td valign="top" width="10%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2,886,000</font></div>
            </td>
            <td valign="top" width="13%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,500,00</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">
          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(1)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Includes
      shares being offered pursuant to this
offering</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">THE
SEC&#8217;S POSITION ON INDEMNIFICATION FOR SECURITIES ACT LIABILITIES</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Our
bylaws provide that directors and officers shall be indemnified by us to the
fullest extent authorized by the Nevada Revised Statutes Section 78.7502,
against all expenses and liabilities reasonably incurred in connection with
services for us or on our behalf. The bylaws also authorize the board of
directors to indemnify any other person who we have the power to indemnify under
Nevada law, and indemnification for such a person may be greater or different
from that provided in the bylaws.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">To the
extent that indemnification for liabilities arising under the Securities Act may
be permitted for our directors, officers and controlling persons, we have been
advised that in the opinion of the SEC such indemnification is against public
policy as expressed in the Securities Act and is, therefore,
unenforceable.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">DESCRIPTION
OF CAPITAL STOCK</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
common stock of SARS is registered pursuant to Section 12 of the Exchange Act,
and therefore, the description of common stock is omitted.&#160;&#160;The
Company is authorized to authorized to issue 500,000,000 shares of $0.001 par
value common stock.&#160;&#160;Currently 44,221,917 shares are currently
issuable or issued and outstanding.&#160;&#160;The Company is authorized to
issue 50,000,000 shares of blank check preferred
stock.&#160;&#160;&#160;Currently, 1 share of Series A Preferred stock is issued
and outstanding.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">USE
OF PROCEEDS</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SARS will
not receive any proceeds.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><a name="fis_selling_shareholders"><br></a></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><a name="fis_distribution_plan">PLAN OF DISTRIBUTION</a></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
shares of our common stock offered by this prospectus may be sold from time to
time directly by the selling security holders. Alternatively, the selling
security holder may from time to time offer such shares through underwriters,
brokers, dealers, agents or other intermediaries. The selling security holders
as of the date of this prospectus have advised us that there were no
underwriting or distribution arrangements entered into with respect to the
common stock offered hereby.&#160;&#160;The distribution of the common stock by
the selling security holders may be effected: in one or more transactions that
may take place on the Over the Counter (including one or more block
transactions) through customary brokerage channels, either through brokers
acting as agents for the selling security holders, or through market makers,
dealers or underwriters acting as principals who may resell these shares on the
Over the Counter; in privately-negotiated sales; by a combination of such
methods; or by other means. These transactions may be effected at market prices
prevailing at the time of sale, at prices related to such prevailing market
prices or at other negotiated prices. Usual and customary or specifically
negotiated brokerage fees or commissions may be paid by the selling security
holders in connection with sales of our common stock.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
selling security holders may enter into hedging transactions with broker-dealers
in connection with distributions of the shares or otherwise. In such
transactions, broker-dealers may engage in short sales of the shares of our
common stock in the course of hedging the positions they assume with the selling
security holders. The selling security holders also may sell shares short and
redeliver the shares to close out such short positions. The selling security
holders may enter into option or other transactions with broker-dealers which
require the delivery to the broker-dealer of shares of our common stock. The
broker-dealer may then resell or otherwise transfer such shares of common stock
pursuant to this prospectus.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
selling security holders also may lend or pledge shares of our common stock to a
broker-dealer. The broker-dealer may sell the shares of common stock so lent, or
upon a default the broker-dealer may sell the pledged shares of common stock
pursuant to this prospectus. Any securities covered by this prospectus which
qualify for sale pursuant to Rule 144 may be sold under Rule 144 rather than
pursuant to this prospectus. The selling security holders have advised us that
they have not entered into any agreements, understandings or arrangements with
any underwriters or broker-dealers regarding the sale of their securities. There
is no underwriter or coordinating broker acting in connection with the proposed
sale of shares of common stock for the selling security holders.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Although
the shares of common stock covered by this prospectus are not currently being
underwritten, the selling security holders or their underwriters, brokers,
dealers or other agents or other intermediaries, if any, that may participate
with the selling security holders in any offering or distribution of common
stock may be deemed &#8220;underwriters&#8221; within the meaning of the Securities Act and
any profits realized or commissions received by them may be deemed underwriting
compensation thereunder.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Under
applicable rules and regulations under the Exchange Act, any person engaged in a
distribution of shares of the common stock offered hereby may not simultaneously
engage in market making activities with respect to the common stock for a period
of up to five days preceding such distribution. The selling security holders
will be subject to the applicable provisions of the Exchange Act and the rules
and regulations promulgated thereunder, including without limitation Regulation
M, which provisions may limit the timing of purchases and sales by the selling
security holders.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In order
to comply with certain state securities or blue sky laws and regulations, if
applicable, the common stock offered hereby will be sold in such jurisdictions
only through registered or licensed brokers or dealers. In certain states, the
common stock may not be sold unless they are registered or qualified for sale in
such state, or unless an exemption from registration or qualification is
available and is obtained.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We will
bear all costs, expenses and fees in connection with the registration of the
common stock offered hereby. However, the selling security holders will bear any
brokerage or underwriting commissions and similar selling expenses, if any,
attributable to the sale of the shares of common stock offered pursuant to this
prospectus.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">There can
be no assurance that the selling security holders will sell any or all of the
securities offered by them hereby.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">LEGAL
MATTERS</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On May
28, 2008, E-Terra, LLC, an Alaska limited liability company (&#8220;E-Terra&#8221;), filed a
claim against SARS<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: sub">&#160;</font>and
its wholly owned subsidiary, Secure Asset Reporting Services, Inc., in the
United State District Court, District of Alaska.&#160;&#160;E-Terra is alleging
breach of contract of the software licensing agreement entered into between the
parties in November 2001, misappropriation of trade secrets and that it is due
fees for damages and lost revenue in excess of $75,000.&#160;&#160;On or about
June 20, 2008, the Company filed an answer to and a counterclaim against E-Terra
alleging breach of contract and wrongful termination and that it is due fees for
damages and attorney fees.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;The
Company is unaware of any other threatened or pending litigation against it not
in the ordinary course of business and that has not previously been
disclosed.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">LEGAL
OPINION</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
legality of the common stock to be offered hereby has been passed upon by The
Otto Law Group, PLLC, Seattle, Washington.</font><a name="fis_experts" /></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">AVAILABLE
INFORMATION</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We file
annual, quarterly and current reports and other information with the Commission.
You may read and copy, upon payment of a fee set by the Commission, any
documents that we file with the Commission as its public reference room at 100 F
Street, NE., Washington, D.C. 20549.&#160;&#160;You may also call the Commission
at 1-800-432-0330 for more information on the public reference
rooms.&#160;&#160;Our filings are also available to the public on the Internet
through the Commission&#8217;s EDGAR database. You may access the EDGAR database at
the Commission&#8217;s website at www.sec.gov.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">This
prospectus is part of a registration statement on Form S-8 that we have filed
with the Commission to register the common stock offered hereby under the
Securities Act.&#160;&#160;As permitted by Commission rules, this prospectus
does not contain all of the information contained in the registration statement
and accompanying exhibits and schedules that we file with the
Commission.&#160;&#160;You may refer to the registration statement, the exhibits
and schedules for more information about our common stock and us.&#160;&#160;The
registration statement, exhibits and schedules are available at the Commission&#8217;s
public reference rooms or through its EDGAR database on the
Internet.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">You
should rely only on the information contained in this prospectus or any
supplement to this prospectus. We have not authorized anyone to provide you with
different information.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Our
common stock is quoted Over the Counter&#160;&#160;under the symbol
&#8220;SARO.&#8221;</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
            <tr>
              <td align="left" valign="top" width="37%" style="BORDER-TOP: #000000 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">NO
      PERSON HAS BEEN AUTHORIZED TO GIVE ANY INFORMATION OR TO MAKE ANY
      REPRESENTATIONS, OTHER THAN THOSE CONTAINED IN THIS PROSPECTUS, IN
      CONNECTION WITH THE OFFERING MADE HEREBY, AND, IF GIVEN OR MADE,
      SUCHINFORMATION OR REPRESENTATION MUST NOT</font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">BE
      RELIED UPON AS HAVING BEEN</font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">AUTHORIZED
      BY THE COMPANY OR ANY OTHER PERSON.&#160;&#160;NEITHER THE DELIVERY OF
      THIS PROSPECTUS NOR ANY SALE MADE HEREUNDER SHALL UNDER ANY CIRCUMSTANCES
      CREATE</font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ANY
      IMPLICATION THAT THERE HAS BEEN NO CHANGE IN THE AFFAIRS OF THE COMPANY
      SINCE THE DATE HEREOF.&#160;&#160;THIS PROSPECTUS DOES NOT CONSTITUTE AN
      OFFER TO SELL</font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">OR
      A SOLICITATION OF AN OFFER TO BUY ANY SECURITIES OFFERED HEREBY BY ANYONE
      IN ANY JURISDICTION IN WHICH SUCH OFFER OR SOLICITATION IS NOT AUTHORIZED
      OR IN WHICH THE PERSON MAKING SUCH OFFER OR SOLICITATION IS NOT QUALIFIED
      TO DO SO OR TO ANY PERSON TO WHOM IT IS UNLAWFUL TO MAKE SUCH OFFER OR
      SOLICITATION.</font></div>
              </td>
              <td valign="top" width="37%" style="BORDER-TOP: #000000 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5,000,000&#160;&#160;SHARES</font></div>
                <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SARS
      CORPORATION</font></div>
                <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">COMMON
      STOCK</font></div>
                <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">_______________________</font></div>
                <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PROSPECTUS</font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">_______________________</font></div>
                <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">September
      2, 2008</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left" align="left">
        <div>
          <table cellpadding="0" cellspacing="0" width="100%">
              <tr>
                <td align="left" valign="top" width="38%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Table
      of Contents</font></div>
                </td>
                <td valign="top" width="5%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Page</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="38%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PROSPECTUS
      SUMMARY</font></div>
                </td>
                <td valign="top" width="5%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="38%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">DOCUMENTS
      INCORPORATED BY REFERENCE</font></div>
                </td>
                <td valign="top" width="5%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="38%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">FORWARD
      LOOKING STATEMENTS</font></div>
                </td>
                <td valign="top" width="5%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="38%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">RISK
      FACTORS</font></div>
                </td>
                <td valign="top" width="5%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="38%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">THE
      COMPANY</font></div>
                </td>
                <td valign="top" width="5%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">7</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="38%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SELLING
      SHAREHOLDERS</font></div>
                </td>
                <td valign="top" width="5%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">14</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="38%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">DESCRIPTION
      OF CAPITAL STOCK</font></div>
                </td>
                <td valign="top" width="5%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">15</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="38%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">USE
      OF PROCEEDS</font></div>
                </td>
                <td valign="top" width="5%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">15</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="38%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PLAN
      OF DISTRIBUTION</font></div>
                </td>
                <td valign="top" width="5%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">15</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="38%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">LEGAL
      MATTERS</font></div>
                </td>
                <td valign="top" width="5%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">16</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="38%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">AVAILABLE
      INFORMATION</font></div>
                </td>
                <td valign="top" width="5%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">16</font></div>
                </td>
              </tr>
          </table>
        </div>
        <div>&#160;</div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">------------------------------------------------------------------------------------------------------------</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PART
II</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
3&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Incorporation
of Certain Documents by Reference</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
following documents, which have been filed with the Securities and Exchange
Commission (the "Commission") by the Registrant are incorporated by reference in
this registration statement:</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">
          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(i)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Registrant's
      Annual Report on Form 10-KSB, for the fiscal year ended September 30,
      2007,</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">
          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(ii)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;Registrant's
      Quarterly Report on Form 10-QSB and Form 10-Q, for the quarters ended
      December 31, 2007, Match 31, 2008, and June 30,
  2008;</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">
          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(iii)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Registrant's
      Report on Form 8-K, as amended, filed July 10, 2008, March 18, 2008,
      February 19, 2008, February 19, 2008, January 18, 2008, January 4, 2008,
      December 21, 2007, December 14, 2007, November 13, 2007, November 5, 2007,
      October 30, 2007, October 9, 2007, September 7, 2007, and August 31, 2007;
      and</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">
          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(iv)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">All
      documents subsequently filed by the Registrant pursuant to Sections 13(a),
      13(c), 14 and 15(d) of the Securities Exchange Act of 1934, shall be
      deemed to be incorporated by reference in this registration statement and
      to be part hereof from the date of the filing of such
      documents.</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
4&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Description
of Securities</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Not
applicable.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
5.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Interests
of Named Experts and Counsel</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Not
applicable.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
6.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Indemnification
of Directors and Officers</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
78.751 of the Nevada General Corporation Law generally allows the Registrant to
indemnify any person who was or is threatened to be made a party to any
threatened, pending or completed action, suit or proceeding by reason of the
fact that he or she is or was a director, officer, employee or agent of the
Registrant or is or was serving at the request of the Registrant as a director,
officer, employee or agent of any corporation, partnership, joint venture, trust
or other enterprise.&#160;&#160;The Registrant may advance expenses in
connection with defending any such proceeding, provided the indemnitee
undertakes to pay any such amounts if it is later determined that such person
was not entitled to be indemnified by the Registrant.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
7&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exemption
from Registration Claimed</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Not
applicable.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
8&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exhibits</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Exhibit
      Number</font></div>
            </td>
            <td align="left" valign="bottom" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="59%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Description
      of Exhibit(s)</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 27pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5.1</font></div>
            </td>
            <td align="left" valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="59%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Opinion
      and Consent of the Otto Law Group</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">23.1</font></div>
            </td>
            <td align="left" valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="59%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Consent
      of, Independent Registered Public Accounting Firm</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">23.2</font></div>
            </td>
            <td align="left" valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="59%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Consent
      of the Otto Law Group (filed as part of Exhibit
  5.1)</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
9&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Undertakings</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a) The
undersigned Registrant hereby undertakes:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1. To
file, during any period in which offers or sales are being made, a
post-effective amendment to this Registration Statement:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 54pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(i) To
include any prospectus required by Section 10(a)(3) of the Securities Act of
1933;</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 54pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(ii) To
reflect in the prospectus any facts or events arising after the effective date
of this Registration Statement (or the most recent post-effective amendment
thereof) which, individually or in the aggregate, represent a fundamental change
in the information set forth in this Registration Statement. Notwithstanding the
foregoing, any increase or decrease in volume of securities offered (if the
total dollar value of securities offered would not exceed that which was
registered) and any deviation from the low or high end of the estimated offering
range may be reflected in the form of prospectus filed with the Commission
pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price
represent no more than a 20 percent change in the maximum aggregate offering
price set forth in the &#8220;Calculation of Registration Fee&#8221; table in the effective
Registration Statement; and</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 54pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(iii) To
include any material information with respect to the plan of distribution not
previously disclosed in this Registration Statement or any material change to
such information in this Registration Statement;</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">provided,
however, that paragraphs (a)(1)(i), (a)(1)(ii) and (a)(1)(iii) of this section
do not apply if the information required to be included in a post-effective
amendment by those paragraphs is contained in reports filed with or furnished to
the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the
Securities Exchange Act of 1934 that are incorporated by reference in this
Registration Statement.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2. That,
for the purpose of determining any liability under the Securities Act of 1933,
each such post-effective amendment shall be deemed to be a new Registration
Statement relating to the securities offered therein, and the offering of such
securities at that time shall be deemed to be the initial bona fide offering
thereof.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3. To
remove from registration by means of a post-effective amendment any of the
securities being registered which remain unsold at the termination of the
offering.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b) The
undersigned Registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act of 1933, each filing of the Registrant&#8217;s
annual report pursuant to Section 13(a) or Section 15(d) of the Securities
Exchange Act of 1934 (and, where applicable, each filing of an employee benefit
plan&#8217;s annual report pursuant to Section 15(d) of the Securities Exchange Act of
1934) that is incorporated by reference in this Registration Statement shall be
deemed to be a new Registration Statement relating to the securities offered
therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(c)
Insofar as indemnification for liabilities arising under the Securities Act of
1933 may be permitted to directors, officers and controlling persons of the
Registrant pursuant to the foregoing provisions, or otherwise, the Registrant
has been advised that in the opinion of the Securities and Exchange Commission
such indemnification is against public policy as expressed in the Securities Act
of 1933 and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
Registrant of expenses incurred or paid by a director, officer or controlling
person of the Registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the Registrant will, unless in
the opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Securities
Act of 1933 and will be governed by the final adjudication of such
issue.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SIGNATURES</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
to the requirements of the Securities Act of 1933, the registrant certifies that
it has reasonable grounds to believe that it meets all of the requirements for
filing this Registration Statement on Form S-8 and has duly caused this
registration statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Seattle, State of Washington, on September 2,
2008.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 180pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SARS
Corporation</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 180pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">By: /s/
Chris Wain</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 180pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">--------------------------------------------</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 180pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Chris
Wain</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 180pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Chief
Executive Officer</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
to the requirements of the Securities Act of 1933, this
Registration</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Statement
has been signed below by or on behalf of the following persons in
the</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">capacities
indicated on September 2, 2008.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
            <tr>
              <td align="left" valign="top" width="25%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">/s/
      Chris Wain</font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">----------------------------</font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Chris
      Wain</font></div>
              </td>
              <td align="left" valign="top" width="25%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Chief
      Executive Officer</font></div>
              </td>
              <td align="left" valign="top" width="25%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">September
      2, 2008</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="25%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">/s/
      Clayton Shelver</font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">----------------------------</font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Clayton
      Shelver</font></div>
              </td>
              <td align="left" valign="top" width="25%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Director</font></div>
              </td>
              <td align="left" valign="top" width="25%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">September
      2, 2008</font></div>
                <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="25%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">/s/
      David Otto</font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">----------------------------</font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">David
      Otto</font></div>
              </td>
              <td align="left" valign="top" width="25%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Director</font></div>
              </td>
              <td align="left" valign="top" width="25%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">September
      2, 2008</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="25%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">/s/
      Alan Chaffee</font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">----------------------------</font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Alan
      Chaffee</font></div>
              </td>
              <td align="left" valign="top" width="25%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Director</font></div>
              </td>
              <td align="left" valign="top" width="25%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">September
      2, 2008</font></div>
              </td>
            </tr>
        </table>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">EXHIBIT
INDEX</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Exhibit
Number&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Description</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">------------------&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-------------------------------------</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.1&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Opinion
of the Otto Law Group, PLLC</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
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of The Otto Law Group, PLLC (included in Exhibit 5.1)</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">23.2&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Consent
of Independent Registered Public Accounting Firm</font></div>
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        <div style="WIDTH: 100%; TEXT-ALIGN: center">
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      </div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Exhibit
5.1&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Opinion
of the Otto Law Group</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
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[{"type": "S-8", "sequence": "1", "filename": "forms-8.htm", "description": "FORM S-8", "secsgml_size_bytes": 193803}]
{"company-data": {"conformed-name": "SARS CORP.", "cik": "0001070510", "assigned-sic": "6770", "irs-number": "330677545", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-153324", "film-number": "081056087"}, "business-address": {"street1": "19119 NORTHCREEK PARKWAY SUITE 201", "city": "BOTHELL", "state": "WA", "zip": "98011", "phone": "425-943-6140"}, "mail-address": {"street1": "19119 NORTHCREEK PARKWAY SUITE 201", "city": "BOTHELL", "state": "WA", "zip": "98011"}, "former-company": [{"former-conformed-name": "MYCOM GROUP INC /NV/", "date-changed": "20000908"}, {"former-conformed-name": "BAD TOYS INC", "date-changed": "19990222"}]}
forms-8.htm
Registration
Statement No. ____________
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
----------------------
FORM
S-8
REGISTRATION
STATEMENT
Under
THE
SECURITIES ACT OF 1933
--------------------------
SARS
CORPORATION
------------------------------------------------------
(Exact
name of registrant as specified in its charter)
NEVADA                                             33-0677545
-------------------------------               ---------------------------------------
(State
of other
jurisdiction            (IRS
Employer Identification No.)
of incorporation or
organization)
601 108th
Ave NE, 19th Floor
Bellevue,
WA 98004
--------------------------------------------------------
(Address,
including zip code, of registrant's principal
executive
offices)
2008
OFFICER, DIRECTOR, AND PROFESSIONAL SERVICE PROVIDER COMPENSATION
PLAN
-------------------------------------
(Full
Title of the Plan)
Nevada
Agency and Trust Company
50 West
Liberty St Ste 880, Reno, NV 89501.
---------------------------------------
(Name and
address of agent for service)
(206)
262-9545
-------------------------------------------------------------
(Telephone
number, including area code, of agent for service)
--------------------------------
If any of
the Securities being registered on this Form S-8 are to be offered on a delayed
or continuous basis pursuant to Rule 415 under the Securities Act of 1933, as
amended, other than securities offered only in connection with dividend or
interest reinvestment plans, check the following box.
_X__
---------------------------------------------------------------------------------
CALCULATION
OF REGISTRATION FEE
Title
      of Securities
to
      be Registered
Amount
to
      be
Registered(1)
Proposed
Maximum
Offering
Price
per
      Share(2)
Proposed
Maximum
Aggregate
Offering
Price
Amount
      of
Registration
Fee
Common
      Stock, par value $0.001 per share
5,000,000
$0.25
$1,250,000
$76.64
(1)Pursuant
      to Rule 416(a) under the Securities Act of 1933, as amended (the
      "Securities Act"), this registration statement also covers any additional
      securities that may be offered or issued in connection with any stock
      split, stock dividend or similar
transaction.
(2)
      Estimated solely for the purposes of determining the registration fee
      pursuant to Rule 457.  At the time of this filing, the average
      fair market value of the Company's common stock, determined from average
      of the bid and ask price Over the Counter, was $0.39 per share. On this
      basis, the maximum aggregate offering price for the shares being
      registered hereunder is $1,950,000 and this is the basis for computing the
      filing fee in accordance with Rule 457(h) and at a rate of the aggregate
      offering price multiplied by
.
00003930.
------------------------------------------------------------------------------------------------------------
EXPLANATORY
NOTE
This
Registration Statement includes a reoffer prospectus (the "Reoffer Prospectus")
prepared in accordance with General Instruction C of Form S-8 and in accordance
with the requirements of Part I of Form S-3.  This Reoffer Prospectus
may be used for reoffers or resales, on a continuous or delayed basis, of an
aggregate of 5,000,000 shares of common stock.
REOFFER
PROSPECTUS
This
document constitutes part of a prospectus covering
securities that have been registered
under the Securities Act of 1933
.
5,000,000
Shares
SARS
CORP.
Common
Stock
(par
value $0.001 per share)
_________________________________________________________________________________
S-8
ISSUANCE OF SARS CORPORATION
_________________________________________________________________________________
The
common stock may be sold from time to time by the selling stockholder or by his
pledgees, donees, transferees or other successors in interest.  Such
sales may be made in the over-the-counter market or otherwise at prices and at
terms then prevailing or at prices related to the then current market price, or
in negotiated transactions.  The common stock may be sold by one or
more of the following: (i) block trades in which the broker or dealer so engaged
will attempt to sell the shares as agent but may position and resell portions of
the block as principal to facilitate the transaction; (ii) purchases by a broker
or dealer as principal and resale by such broker or dealer for its account
pursuant to this prospectus; (iii) an exchange distribution in accordance with
the rules of such exchange; and (iv) ordinary brokerage transactions and
transactions in which the broker solicits purchases.  In effecting
sales, brokers or dealers engaged by the selling stockholder may arrange for
other brokers or dealers to participate. Brokers or dealers will receive
commissions or discounts from selling stockholders in amounts to be negotiated
immediately prior to the sale.  Such brokers or dealers and any other
participating brokers or dealers may be deemed to be "underwriters" within the
meaning of the Securities Act of 1933, as amended (the "Act") in connection with
such sales.  In addition, any securities covered by this prospectus
which qualify for sale pursuant to Rule 144 may be sold under Rule 144 rather
than pursuant to this prospectus.  We will not receive any of the
proceeds from the sale of these shares, although we have paid the expenses of
preparing this prospectus and the related registration statement.
On
September 2, 2008, the last reported sale price for our common stock on the Over
the Counter quotation system was $0.39 per share.
See "Risk
Factors" beginning at page 4 for certain information which should be carefully
considered by prospective purchasers of the Shares offered hereby.
THE
SECURITIES AND EXCHANGE COMMISSION HAS NOT APPROVED
OR
DISAPPROVED OF THESE SECURITIES, NOR HAS IT DETERMINED
IF THIS
PROSPECTUS IS TRUTHFUL AND COMPLETE. ANY
REPRESENTATION
TO THE CONTRARY IS A CRIMINAL OFFENSE.
The date
of this Prospectus is September 2, 2008
PROSPECTUS SUMMARY
The
following summary contains basic information about SARS
Corporation  ("SARS" or the "Company") and this prospectus. It may not
contain all of the information that is important to you. For a more complete
understanding, we encourage you to read the entire prospectus and the documents
incorporated by reference into this prospectus. In this prospectus, the words
"SARS," "Company," "we," "our" and "us" refer to SARS Corporation.
THIS
OFFERING
Common
      Stock outstanding after the offering
44,221,917
Use
      of Proceeds
The
      Company will not receive any proceeds.
Risk
      Factors
The
      purchase of our common stock involves a high degree of risk. You should
      carefully review and consider "Risk Factors" beginning on page
      4.
Over
      the Counter quotation system Trading Symbol
SARO
DOCUMENTS
INCORPORATED BY REFERENCE
The
following documents filed with the Securities Exchange Commission (the
"Commission") pursuant to the Securities Exchange Act of 1934, as amended, (the
"Exchange Act") are incorporated herein by reference:
1. Annual
Report on Form 10-KSB for the fiscal year ended September 30, 2007.
2.
Quarterly Report on Form 10-QSB and Form 10-Q for the periods ended December 31,
2007, March 31, 2008 and June 30, 2008.
3.
Current Reports on Form 8-K filed on August 31, 2007, September 7, 2007, October
9, 2007, October 30, 2007, November 5, 2007, November 13, 2007, December 14,
2007, December 21, 2007, January 4, 2008, January 18, 2008, February 19, 2008,
February 19, 2008, March 18, 2008, and July 10, 2008.
4.  Registration
Statement on Form 10-SB, as filed with the Commission on February 24,
1999.
All
documents subsequently filed by SARS pursuant to Section 13(a), 13(c), 14 or
15(d) of the Securities Exchange Act of 1934 (the "Exchange Act") prior to the
termination of this offering shall be deemed to be incorporated by reference in
this prospectus and to be a part of this prospectus from the date of filing
thereof.
Any
statement contained in a document incorporated by reference herein shall be
deemed to be modified or superseded for purposes of this prospectus to the
extent that a statement contained herein or in any other subsequently filed
document which also is or is deemed to be incorporated by reference herein
modifies or supersedes such statement. Any such statement so modified or
superseded shall not be deemed, except as so modified or superseded, to
constitute part of this prospectus.
We will
provide without charge to each person to whom this prospectus is delivered, upon
written or oral request of that person, a copy of all documents incorporated by
reference into the registration statement of which this prospectus is a part,
other than exhibits to those documents (unless such exhibits are specifically
incorporated by reference into such documents). Requests for such documents
should be directed to: Christopher Wain, Chief Executive Officer, 601 108
th
Ave NE,
19
th
Floor, Bellevue, WA 98004 (425) 943-6140.
FORWARD
LOOKING STATEMENTS
Statements
and projections contained in this Prospectus that are not based on historical
fact, including but not limited to statements containing the words "believes,"
"anticipates," "intends," "expects" and words of similar import, as well as all
projections of future results, constitute "forward-looking
statements."  This Prospectus contains forward-looking statements and
projections concerning the Company's or management's plans, intentions,
strategies, expectations, predictions and financial projections concerning the
Company's future activities and results of operations and other future events or
conditions.
It is
important to note that the Company's actual results or activities or actual
events or conditions could differ materially from those projected by the Company
from such forward looking statements. The plans, strategies and intentions of
management may change based on increased experience with the Company's business
model as well as in response to competition, general economic trends, or
perceived opportunities, risks or other developments. Projections concerning the
Company's future results of operation and expansion plans are based on a number
of assumptions and estimates made by management concerning, among other things,
customer acceptance of and demand for the Company's services and products, the
timely availability of capital on acceptable terms, the Company's ability to
identify, attract and retain qualified support staff and personnel, research and
development costs and expenses and other future events and conditions. These
estimates and assumptions are believed by management to be reasonable, but are
dependent upon facts and conditions that are uncertain and unpredictable. To the
extent that actual events differ materially from management assumptions and
estimates, actual results will differ from those projected. See "Risk
Factors."
Risk
Factors
The
following information describes the various risks relating to both the Company's
operations and its common stock.  The below risks are deemed as being
material to a decision to invest in our Company.  The Company could also be
adversely affected by additional risks and uncertainties not presently known or
believed to be material.  The following risks should be considered
carefully, together with all of the other information included in this
prospectus, before an investor decides to purchase any shares of the Company's
common stock.
We
      have no substantial history of having meaningful revenues or profitable
      operations and may incur future losses, which will likely impair our
      future stock price.
Most
      of our end-users are subject to budgetary and political constraints which
      may delay or limit purchases of our products, and we will have no control
      over those decisions
We
      are dependent on a few of our larger customers and are vulnerable to
      changes in their asset tracking requirements
Currently,
      a significant part of our revenue is attributable to contracts with
      government agencies, particularly the U.S. Coast Guard.  Changes
      in the priorities of the government may affect the level of funding
      allocated towards U.S. Coast Guard programs.  We may benefit if
      greater funds are allocated toward asset tracking to the extent that our
      business is engaged for such use.   However, changes in
      priorities in government spending may diminish the U.S. Coast Guard's
      capacity to engage our services.
Our
      revenue sources are presently concentrated in the maritime market and not
      yet diversified in other segments, which may adversely affect our business
      in an industry slump.
Our
      business and operations would suffer in the event of system
      failures
From
      time to time, we install new or upgraded business management systems. To
      the extent such systems fail or are not properly implemented, we may
      experience material disruptions to our business, delays in our external
      financial reporting or failures in our system of internal controls, that
      could have a material adverse effect on our results of
      operations.
The
      market price for our common stock, shares of which underlie our preferred
      stock, may be particularly volatile given our status as a relatively
      unknown company with a small and thinly traded public float, limited
      operating history and lack of profits which could lead to wide
      fluctuations in our share price.
Our
      executive officers, directors and insider shareholders, and parties
      related to them, will own or control approximately 26% of our outstanding
      common stock, which may limit the ability of our other shareholders,
      whether acting alone or together, to propose or direct the management or
      overall direction of our company.  Additionally, this
      concentration of ownership could discourage or prevent a potential
      takeover that might otherwise result in receiving a premium over the
      market price of your shares.
Risks
related to the Company's Common Stock:
The
Company's common stock is subject to the penny stock rules.
The
Securities and Exchange Commission has adopted a set of rules called the penny
stock rules that regulate broker-dealers with respect to trading in securities
with a bid price of less than $5.00. These rules do not apply to securities
registered on certain national securities exchanges (including the Nasdaq
Stock Market) or authorized for quotation on an automated quotation system
sponsored by a registered pre-1990 securities association, provided that current
price and volume information regarding transactions in such securities is
provided by the exchange or system. The penny stock rules require a
broker-dealer to deliver to the customer a standardized risk disclosure document
prepared by the Commission that provides information about penny stocks and the
nature and level of risks in the penny stock market. The broker-dealer also must
provide the customer with other information. The penny stock rules require that,
prior to a transaction in a penny stock, the broker-dealer must determine in
writing that the penny stock is a suitable investment for the purchaser and
receive the purchaser's written agreement to the transaction. These disclosure
requirements may reduce the level of trading activity in the secondary market
for a stock that is subject to the penny stock rules. If a market ever does
develop for our common stock, as to which we can give no assurance, and it
should remain subject to the penny stock rules, holders of our common stock may
find it more difficult to sell their shares of our common stock.
The
Company does not anticipate paying dividends on our common stock in the
foreseeable future.
We intend
to retain future earnings, if any, to fund our operations and to expand our
business. Accordingly, we do not anticipate paying cash dividends on shares of
our common stock in the foreseeable future.
The
Company's board right to authorize additional shares of preferred stock could
adversely impact the rights of holders of our common stock.
Our board
of directors currently has the right, with respect to the 50 million authorized
shares of blank check preferred stock, to authorize the issuance of one or more
series of our preferred stock with such voting, dividend and other rights as our
directors determine. Such action can be taken by our board without the approval
of the holders of our common stock. Accordingly, the holders of any new series
of preferred stock could be granted voting rights that reduce the voting power
of the holders of our common stock. For example, the preferred holders could be
granted the right to vote on a corporate reorganization or acquisition even if
the reorganization of acquisition would not have an adverse effect on their
rights. This right, if granted, would give them a veto with respect to any
reorganization. Or they could be granted 20 votes per share while voting as a
single class with the holders of the common stock, thereby diluting the voting
power of the holders of our common stock. In addition, the holders of any new
series of preferred stock could be given the option to be redeemed in cash in
the event of a reorganization or acquisition. This would make an acquisition of
our Company less attractive to a potential acquirer. Thus, our board could
authorize the issuance of shares of the new series of preferred stock in order
to defeat a proposal for the acquisition of our Company which a majority of our
then holders of our common stock otherwise favor.
Anti-takeover
effects of certain provisions of Nevada state law hinder anti-takeover effects
of certain a potential takeover of SARS
Though
not now, we may be or in the future we may become subject to Nevada's control
share law. A corporation is subject to Nevada's control share law if it has more
than 200 stockholders, at least 100 of who are stockholders of record and
residents of Nevada, and it does business in Nevada or through an affiliated
corporation.
The law
focuses on the acquisition of a "controlling interest" which means the ownership
of outstanding voting shares sufficient, but for the control share law, to
enable the acquiring person to exercise the following proportions of the voting
power of the corporation in the election of directors: (i) one-fifth or more but
less than one-third, (ii) one-third or more but less than a majority, or (iii) a
majority or more. The ability to exercise such voting power may be direct or
indirect, as well as individual or in association with others.
The
effect of the control share law is that the acquiring person, and those acting
in association with it, obtains only such voting rights in the control shares as
are conferred by a resolution of the stockholders of the corporation, approved
at a special or annual meeting of stockholders. The control share law
contemplates that voting rights will be considered only once by the other
stockholders. Thus, there is no authority to strip voting rights from the
control shares of an acquiring person once those rights have been approved. If
the stockholders do not grant voting rights to the control shares acquired by an
acquiring person, those shares do not become permanent non-voting shares. The
acquiring person is free to sell its shares to others. If the buyers of those
shares themselves do not acquire a controlling interest, their shares do not
become governed by the control share law.
If
control shares are accorded full voting rights and the acquiring person has
acquired control shares with a majority or more of the voting power, any
stockholder of record, other than an acquiring person, who has not voted in
favor of approval of voting rights is entitled to demand fair value for such
stockholder's shares.
Nevada's
control share law may have the effect of discouraging takeovers of the
corporation.
In
addition to the control share law, Nevada has a business combination law which
prohibits certain business combinations between Nevada corporations and
"interested stockholders" for three years after the "interested stockholder"
first becomes an "interested stockholder," unless the corporation's board of
directors approves the combination in advance. For purposes of Nevada law, an
"interested stockholder" is any person who is (i) the beneficial owner, directly
or indirectly, of ten percent or more of the voting power of the outstanding
voting shares of the corporation, or (ii) an affiliate or associate of the
corporation and at any time within the three previous years was the beneficial
owner, directly or indirectly, of ten percent or more of the voting power of the
then outstanding shares of the corporation. The definition of the term "business
combination" is sufficiently broad to cover virtually any kind of transaction
that would allow a potential acquiror to use the corporation's assets to finance
the acquisition or otherwise to benefit its own interests rather than the
interests of the corporation and its other stockholders.
The
effect of Nevada's business combination law is to potentially discourage parties
interested in taking control of SARS from doing so if it cannot obtain the
approval of our board of directors.
THE
COMPANY
Overview
Business
Description
Organization
–
SARS Corporation, a Nevada corporation, (formerly Mycom Group, Inc. prior to the
August 2007 merger with Veritas Solutions, Inc. and its wholly-owned subsidiary,
Secure Asset Reporting Services, Inc., and subsequently renamed), and together
with its subsidiaries ("SARS" or the "Company") is headquartered near Seattle,
Washington U.S.A.  Utilizing a network of satellite, cellular and VHF
radio systems, SARS provides remote asset management and telematics solutions
that deliver real-time business intelligence about fixed and mobile assets
including vessels, cargo containers, trucks, aircraft, fuel tanks, bridges, and
pipelines anywhere in the world.  With the SARS Tracpoint ® software
suite, business and government organizations in the marine, energy,
transportation and other industries can track, monitor and manage assets for
improved safety, better security and increased business
efficiency.   In December 2007, the Company closed its asset
purchase agreement of Andronics Ltd., a company located in Northern Ireland, and
which provides global two-way data solutions for monitoring and controlling
remote assets.
Business
– Veritas
Solutions, Inc. ("VSI" and also known in the industry as VSI Wireless, Secure
Asset Reporting Services and SARS) was formed to capitalize on the
well-established trend toward remote asset management in the tracking and
operation of capital assets. Our mission is to become the leader in this broad,
highly fragmented market. Today, the worldwide infrastructure for the tracking
of assets consists of disparate satellite and cellular communications networks,
VHF radio-based systems, and hardware devices and software applications that
apply predominantly to specific classes of assets (for example, only to ships or
only to road trailers). Within this market, we believe that we offer the only
complete remote asset management solution, one that is both customizable and
independent of the type of communications or hardware. Our solution can track
assets anywhere in the world, providing timely, accurate and pertinent
information to our customers in real time. The Company has initially targeted
asset tracking in four industries: marine, upstream and downstream oil and gas
production, cargo trailers/containers and aviation.
In June
and again in August 2008, the Company announced that its revenue projections for
the fiscal years ending September 30, 2008 and 2009 were revised downward due to
the time, expense and effort associated with (i) completion of product design
and development; (ii) introduction of its UtilityEye® product to a commercial
market; and (iii) establishment of a strategic relationship with a manufacturing
partner.  In connection with restructuring its operations and
redesigning its products, sales strategy and manufacturing relationships, and
due to higher than anticipated costs associated with the launch of its
products,  it is expected that SARS will continue to experience net
losses throughout this current fiscal year, and beyond into fiscal
2009.  During 2008, SARS has improved its operations facilities to
vastly increase production capabilities, restructured its management team,
including the hiring of a new CEO/COO, and acquired new technology that will
increase the quality and demand of its products.  As a result of these
actions, SARS has cut costs, created a strong distribution network, standardized
its technology to make it world class, and added "best of breed" partners, such
as RackSpace and Flextronics, to meet the expectations of its
customers.
During
2008 we combined Andronics Leocate and SARS' Intellitrax business intelligence
software into one system Tracpoint ®.  Tracpoint is a centralized
platform for the acquisition, aggregation and dissemination of intelligence on
mobile and fixed assets.  The technology behind the system is a
hardware-indifferent foundation for tracking remote assets that are engaged in
the distribution of goods in commerce, through terrestrial and satellite
communications platforms.  The technology provides for the
acquisition, data warehousing and subsequent presentation of multiple data sets,
including location, maintenance records, security status, control data and state
of goods while in storage or transit.   The Company intends to
seek patent protection for a number of aspects of its proprietary
technology.  With Tracpoint, we gather tracking and other data from
disparate sources on various assets such as ships, planes and containers, and
present them to our customers in one place in an easy-to-use
format.  For these services, customers pay us an ongoing access
fee.  SARS can source data from third-party hardware that the Company
can resell and install, or from hardware that is already in use by the business
operator or government agency.  Our software, which consists of
proprietary and licensed software, allows our customers to track their assets
anywhere in the world, in real time, 24 hours a day.
In a
market where most firms utilize a global positioning satellite, or GPS, message
to provide basic information on the location of an asset, the Company
distinguishes its product by going beyond just asset tracking.  Asset
location is the first piece of data and it becomes the launching point for a
more extensive set of data about the usage and condition of the asset, its
financial impact on the customer's business and other critical operational
parameters.  SARS believes that taking GPS data, merging it with key
performance expectations and presenting the results to a fleet manager provides
a powerful edge in safety and security, administrative cost reduction and in
revenue and margin enhancement.
The
Company does not manufacture hardware products.  All hardware utilized
in the remote asset management solutions is provided by third-party vendors or
directly from manufacturers.  During 2008, we condensed our Andronics
supply chain and moved our manufacturing relationship to Flextronics, pursuant
to which we can have more unit volume capacity as compared to prior limitations,
and will be able to reduce unit costs.  In terms of research and
development, as technology advances and new hardware equipment becomes available
the Company maintains the flexibility to develop essential connection software
to process the data that these new units produce.  In this regard, in
2008, we have been re-engineering our UtilityEye® LPG units with Flextronics and
are continuing to produce smaller, lighter and less costly units.  The
Company also continues to improve the software displays of its application layer
and the processing of existing data in the core platform layer in order to grow
as new customers and assets come online.
Our
revenue model is comprised of (i) a monthly recurring software usage fee for
access to Tracpoint including long-range identification tracking display,
automatic identification system display, alarm notifications and alarm
monitoring; (ii) a monthly recurring airtime and data delivery fee for the cost
of airtime from our service providers, plus mark-ups; and (iii) one-time fees
for hardware, installation, shipping, customization and special programming
requirements. As demand dictates, we resell and install hardware from third
parties to facilitate data flow and, in turn, we expect revenues from such
resale and installations to be a large part of our initial revenue
base.  Our objective is to migrate new customers to a recurring
revenue model, one that imposes a software usage fee. We expect revenues to
continue to increase in most, if not all, revenue sources. We are adding new
customers to our system and with new customers there is the potential
for an additional recurring revenue source.
Subsequent
Event
On
December 20, 2007, SARS, through its United Kingdom subsidiary, Jinkhold, Ltd.
("Jinkhold"), finalized and closed a material definitive agreement (the
"Agreement") with Andronics, Ltd., a company formed under the laws of Northern
Ireland ("Andronics").  The Agreement was executed on October 26,
2007.
Under the
Agreement, SARS purchased substantially all assets of Andronics for
the following consideration: (i) assumption of certain liabilities; (ii) 50,000
shares of SARS common stock; (iii) convertible debentures totaling $722,000 USD;
and (iv) certain stock options in the amount of 1,500,000 shares of common stock
of the Company.  In connection with the Agreement and as conditions of
closing, (i) Jinkhold executed a lease agreement with certain shareholders of
Andronics for office space in Northern Ireland; and (ii) Andronics service
contract with British Petroleum was novated to Jinkhold.
Additionally,
on December 20, 2007, SARS, Jinkhold and Andronics executed the First Amendment
to the Agreement, whereby (i) the closing date was extended and (ii) the parties
to which the consideration mentioned above as well as 1,000,000 shares of SARS
common stock options (defined in the Agreement) were amended to reflect that
these items shall be issued to Andronics, Ltd.
Technology
Platform and Intellectual Property
The
technology behind the Intellitrax system is a hardware-agnostic foundation for
tracking remote assets that are engaged in the distribution of goods in
commerce, through terrestrial and satellite communications
platforms.  The technology provides for the acquisition, data
warehousing and subsequent presentation of multiple data sets, including
location, maintenance records, security status, control data and state of goods
while in storage or transit.   The Company intends to seek patent
protection for a number of aspects of its proprietary technology.
The
Company believes it has developed patentable intellectual property in the
following areas:
·
Parser
      – Novel parsing and translation of incoming data packets.  Our
      Multiple Processing Parser is a fully scalable data parser that is
      hardware and device independent, and it is completely Microsoft.NET
      compliant.
·
Triggering
      – Novel automation of tasks based on asset location and
      status.  Events, data filtering and anomaly detection can be
      performed by our data parsers in conjunction with our data
      servers.
·
Forms
      – Novel processing and communication of forms for a variety of businesses
      are available to customers via mobile
  communications.
SARS
currently has registered trademarks on the following: SARS Roadtrac, SARS
Tracpoint, SARS Secure Trac, SARS Directrac, SARS Marinetrac and
SARS.
The
Company does not manufacture hardware products.  All hardware that is
utilized in the remote asset management solutions is provided by third-party
vendors or directly from manufacturers.  In terms of research and
development, as technology advances and new hardware equipment becomes
available; the Company maintains the flexibility to develop essential connection
software to process the data that these new units produce.  The
Company also continues to improve the software displays of its application layer
and the processing of existing data in the core platform layer in order to grow
as new customers and assets come online.
SARS'
facilities house servers in locations around the United States and in other
parts of the world. SARS intends to add servers and locations to meet increasing
customer demand, and to improve redundancies.  At the present time,
its servers are running at less than 3% of capacity utilization.
Customers
and Target Markets
Early
adopters of Intellitrax include the U.S. Coast Guard, U.S. Navy, U.S. Customs
and Border Protection, State of Hawaii Department of Transportation, various
port authorities (including Honolulu, New York/New Jersey and Seattle/Tacoma),
Carnival Cruise Lines, Celebrity Cruises Inc., Princess Cruises, Cemex S.A.B. de
C.V., Chevron Corporation and Exxon Mobil Corporation. Most of these customers
have used SARS' solution in pilot programs.  At the present time, the
three largest ongoing (and post-pilot program stage) customers are the Marine
Exchange of Alaska, which tracks all vessels in Alaskan coastal waters, the
Marine Exchange of Puget Sound, which tracks all vessels in the Washington State
coastal waters of Puget Sound, and A.P. Møller-Mærsk A/S, a global ocean
carrier.
The Company
provide these and other customers with shelf-to-shelf tracking ­­– from
point of origin to point of sale or permanent destination – and a complete line
of applications covering tracking marine, rail, truck, cargo container and air
assets.
Competition
The
highly fragmented remote asset management market is filled with companies that
can utilize a GPS message to provide basic information on the location of an
asset.  However, SARS believes that they are the only company that can
provide tracking that is platform agnostic, or independent of particular
hardware and communication services, and capable of achieving profit margins
similar to software enterprises.  Unlike SARS, the competition seems
to focus their resources on target niche markets (for example, trucking,
containers or marine) and operates using dedicated hardware.
Competitive
Advantages
SARS
believes that we are the only company that can provide tracking that is
platform-agnostic, or independent of particular hardware and communication
services, as comprehensive as a customer may need, and capable of achieving
profit margins similar to software enterprises. SARS believes Intellitrax and
the remote asset management solutions offer the following distinct
advantages:
·
Complete remote asset
      management solution
.  Intellitrax is the only available
      remote asset management solution that constitutes a complete platform to
      handle the acquisition, management and application of remote asset
      information.  We believe that products from other vendors do not
      provide a complete solution, as they are limited to an abbreviated suite
      of hardware devices and/or a narrow range of asset types (for example,
      only ships or only road trailers).
·
Communications
      independent
.  Our customers can choose the communications
      service that best meets their needs and budget.  Products from
      other vendors are typically tied exclusively to a specific communications
      service, which prevents customers from benefiting from advances in
      communications technology.  In addition, the products of some
      other vendors rely on communication services that do not provide worldwide
      or even nationwide domestic coverage, while the Intellitrax system has
      global reach.
·
Hardware
      independent
.  Our customers can use the data communicator
      hardware that best meets their needs and budget.  Products from
      other vendors are typically bound exclusively to proprietary hardware,
      which prevents customers from benefiting from general advances in hardware
      technology.
·
Customizable
.  Because
      Intellitrax is a complete and flexible platform, custom applications can
      be developed rapidly to accommodate any unique needs of our
      customers.
·
Superior
      mapping
.  Based on our customers' feedback, Intellitrax'
      mapping application delivers a superior user
      experience.  Customers continue to cite this feature as a
      significant advantage.
·
Superior reporting and
      notification
.  Our reports are formatted to match each
      individual customer's reports and forms.  Automatic notification
      can be sent to any customer's designated recipient via fax, email, phone
      or web, at any predetermined
frequency.
·
Web-based
.  Intellitrax
      applications are delivered via a standard Internet browser with little or
      no further software requirements.  Products from other vendors
      typically require custom client software to be installed and maintained,
      and employees to be trained.
Legislation
and Government Regulation
Due in
large part to the relative newness of the remote asset management industry,
there are currently no regulations specifically governing suppliers of asset
tracking technology.  Many of the Company's customers, however,
especially in the maritime industry, are mandated by law to utilize asset
tracking systems.
The
Company has worked, and continues to work, to facilitate legislation that
authorizes the U.S. Congress to appropriate money for a national tracking system
using Automated Secure Vessel Tracking System.  We are currently
working with House and Senate members to pass appropriations for ASVTS to be
used nationally.  Bills already requiring the use of ASVTS include the
Coast Guard Re-authorization Act of 2005, the Marine Security Act and the SAFE
Act.  Legislation indirectly impacting our business includes: Maritime
Security Act of 2002, Coast Guard Re-Authorization Act, Port Security
Improvement Act of 2006 and the Security and Freedom Ensured Act of
2007.
Employees
As of
­­­­­­­­­­­­­­­August
27, 2008, SARS had approximately 19 full time employees.
SECURITY
OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The
following table sets forth, as of September 2, 2008 certain information
regarding the ownership of SARS capital stock by each director and executive
officer of SARS, each person who is known to SARS to be a beneficial owner of
more than 5% of any class of SARS capital stock, and by all officers and
directors of SARS as a group.  Unless otherwise indicated below, to
SARS knowledge, all persons listed below have sole voting and investing power
with respect to their shares of capital stock except to the extent authority is
shared by spouses under applicable community property laws.
Beneficial
ownership is determined in accordance with the rules of the Securities and
Exchange Commission ("SEC") and generally includes voting or investment power
with respect to securities.  Shares of common stock subject to options
or convertible securities exercisable or convertible within sixty (60) days of
August 15, 2008 are deemed outstanding for computing the percentage of the
person or entity holding such options or convertible securities but are not
deemed outstanding for computing the percentage of any other person, and is
based on 21,867,514 shares of common stock issuable or issued and outstanding on
a fully diluted basis, as of September 2, 2008.
TITLE
      OF CLASS
NAME
      AND ADDRESS OF BENEFICIAL OWNER
AMOUNT
      AND NATURE OF BENEFICIALOWNERSHIP
%
      OF CLASS
Common,
      $.001 par value
Christopher
      Wain, Director and CEO
601
      108
th
Ave NE, 19
th
Floor
Bellevue,
      WA 98004
700,000
      (1)
1.8%
Common,
      $.001 par value
Alan
      Chaffee, Director and CFO
601
      108
th
Ave NE, 19
th
Floor
Bellevue,
      WA 98004
650,000
      (2)
1.7%
Common,
      $.001 par value
David
      Otto, Director and Secretary
601
      Union St, Suite 4500
Seattle,
      WA 98101
7,691,414
      (2)
19.6%
Common,
      $.001 par value
Clayton
      Shelver, Director
601
      108
th
Ave NE, 19
th
Floor
Bellevue,
      WA 98004
377,925
<1%
Common,
      $.001 par value
Saratoga
      Capital Partners I, Inc.
2,956,250
      (3)
7.5%
(1) This
amount includes a common stock purchase warrant to acquire up to 500,000 shares
of common stock at $1.00/share with an expiration date of July 16,
2013.
(2) This
amount includes a common stock purchase warrant to acquire up to 500,000 shares
of common stock at $1.00/share with an expiration date of July 16,
2013.
(3)  Of
the shares of Common Stock held by Mr. Otto, 730,000 shares are held by Otto
Capital Holdings, Inc., of which Mr. Otto is the President; 2,500,000 are held
by Saratoga Capital Partners I, Inc., of which Mr. Otto is a member; and
1,386,000 shares are held by The Otto Law Group, PLLC, of which Mr. Otto is the
principal.  Crimson Capital, LLC, of which Mr. Otto is a member, owns
a common stock purchase warrant to acquire up to 100,000 shares at $1.00/share
with an expiration date of September 30, 2011.  Cambridge Partners,
LLC, of which Mr. Otto is a member, owns a common stock purchase warrant to
acquire up to 100,000 shares at $1.00/shares with an expiration date of
September 30, 2011.  Saratoga Capital Partners I, Inc. owns a common
stock purchase warrant to acquire up to 1,250,000 shares at $1.00/share with an
expiration date of September 30, 2011.   In connection with an
engagement agreement between The Otto Law Group, PLLC ("OLG"), of which Mr. Otto
is the manager, and the Company, (i)  a common stock purchase warrant
to acquire up to 40,500 shares of common stock at $1.25 per
share/cashless.
(4) This
amount includes a common stock purchase warrant to acquire up to 1,250,000
shares at $1.00/share with an expiration date of September 30,
2011.
DIRECTORS
AND EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS
Neither
the Company, its property, or any of its directors or officers is a party to any
pending legal proceeding, nor have they been subject to a bankruptcy petition
filed against them.  None of its officers or directors has been
convicted in, nor is subject to, any criminal proceeding.
Our
directors and officers as of September 2, 2008 are set forth below.
NAME
AGE
POSITIONS
Christopher
      Wain
47
Chief
      Executive Officer
David
      Otto
50
Director,
      Secretary
Alan
      Chaffee
42
Director,
      CFO
Clayton
      Shelver
42
Director
Mr. Wain
, 47, has over 25
years of engineering, management, manufacturing and
integration  experience.  Since 2000, Mr. Wain has worked
with ASAI Consulting ("ASAI").  With ASAI, Mr. Wain has focused on
engineering, research and development, business development, contract
negotiation and management, manufacturing outsource (internationally),
operations management, finance and human resources.  Additionally, Mr.
Wain has worked with British Aerospace, British Petroleum, General Electric,
Bombardier, Alenia and Ciba Geigy.  Mr. Wain obtained his bachelor's
degree in mechanical engineering from the University of Middlesex.
Mr. Otto
has been the
Secretary and a director of since August 2007 and was the Secretary and a
director of Veritas Solutions, Inc. since November 2006.  Mr. Otto is
a Seattle-based attorney and President of The Otto Law Group, PLLC, since
1999.  Mr. Otto's practice focuses on corporate finance, securities
and mergers and acquisitions, as well as corporate law and
governance.  He is currently a member of the Board of Directors of
Vocalscape Networks, Inc., SinoFresh Healthcare, Inc., Renaissance Window
Fashions, Inc., Avisere, Inc., TechAlt, Inc., Saratoga Capital Partners, Inc.,
ECO
2
Plastics, Inc. and Cambridge Partners, LLC.  Mr. Otto earned an A.B.
degree from Harvard University and J.D. from Fordham University School of
Law
.
Mr. Chaffee
, 42, has over 15
years of professional experience in public accounting and private
industry.   Mr. Chaffee is a CPA and, since 2002, has been the
Managing Partner at Goff Chaffee Geddes, PLLC ("GCG"), a CFO consulting
firm.  As a CFO consultant, Mr. Chaffee has assisted development stage
companies make the transition to public companies.  He has also
assisted $1B companies meet their SEC reporting and Sarbanes-Oxley
requirements.  Prior to joining GCG, Mr. Chaffee held positions as
both CFO and COO for middle market aerospace companies.  In 1992, Mr.
Chaffee earned a BS in Business and Accounting from the University of
Oregon.
Mr. Shelver
has been the Chief
Executive Officer since August 2007 and a director since October
2007.  He previously was the Chief Executive Officer and a director of
Veritas Solutions, Inc. since November 2006, and was the co-founder and Chief
Executive Officer of Secure Asset Reporting Services, Inc. ("Secure Asset") from
November 2001 until its acquisition by Veritas Solutions, Inc. in
2006.  Mr. Shelver has extensive experience in information technology
and remote data communications and has been in the marine transportation
business for over 18 years.  Before founding Secure Asset, Mr. Shelver
worked at Yukon Fuel Company (now part of Crowley Marine Services) from August
1996 to November 2001, serving as Vice President and Assistant General Manager.
He was responsible for the ISO 9002 Quality Assurance Program, information
technology department, mergers and acquisitions and the development of what is
now the tracking system for equipment, inventory and freight
status.   Prior to Yukon Fuel, Mr. Shelver was Traffic and IT
Manager for Yutana Barge Lines in Alaska. He reengineered the entire billing
systems and designed and implemented the current information technology
infrastructure which included a 15-node wide area network throughout the state
and abroad. Mr. Shelver also assisted with writing the first state-approved
spill prevention and contingency plan, as well as the spill prevention plans for
a major carrier on the Columbia River.  Mr. Shelver received a B.A.
degree and an M.B.A. from the University of Washington.  Mr. Shelver
also graduated from the U.S. Army Signal School Officer Basic Course and served
as Commanding Officer for FEMA's Region X Communication
Detachment.  His licenses and certificates include FAA multi-engine
pilot's license, USCG tankerman's license, DOT Class A driver's license with
tanker endorsement and a Microsoft Certified System Engineer.
SELLING SHAREHOLDERS
This
prospectus covers the offering of shares of common stock by selling
shareholders.  This is an offering of 5,000,000 shares of our common
stock.  We will not receive any proceeds from the sale of the shares
by the selling shareholders.
Name
Position
Shares  Owned
(1)
Shares  Offered
Chris
      Wain
Chief
      Executive Officer
1,000,000
300,000
Terry
      Lang
Investor
      Relations
175,275
126,000
Alan
      Chaffee
Chief
      Financial Officer
1,250,000
600,000
Clayton
      Shelver
Chief
      Technology Officer
472,925
195,000
The
      Otto Law Group
Legal
      Counsel,
>
      10% Shareholder
2,886,000
1,500,00
(1)
Includes
      shares being offered pursuant to this
offering
THE
SEC'S POSITION ON INDEMNIFICATION FOR SECURITIES ACT LIABILITIES
Our
bylaws provide that directors and officers shall be indemnified by us to the
fullest extent authorized by the Nevada Revised Statutes Section 78.7502,
against all expenses and liabilities reasonably incurred in connection with
services for us or on our behalf. The bylaws also authorize the board of
directors to indemnify any other person who we have the power to indemnify under
Nevada law, and indemnification for such a person may be greater or different
from that provided in the bylaws.
To the
extent that indemnification for liabilities arising under the Securities Act may
be permitted for our directors, officers and controlling persons, we have been
advised that in the opinion of the SEC such indemnification is against public
policy as expressed in the Securities Act and is, therefore,
unenforceable.
DESCRIPTION
OF CAPITAL STOCK
The
common stock of SARS is registered pursuant to Section 12 of the Exchange Act,
and therefore, the description of common stock is omitted.  The
Company is authorized to authorized to issue 500,000,000 shares of $0.001 par
value common stock.  Currently 44,221,917 shares are currently
issuable or issued and outstanding.  The Company is authorized to
issue 50,000,000 shares of blank check preferred
stock.   Currently, 1 share of Series A Preferred stock is issued
and outstanding.
USE
OF PROCEEDS
SARS will
not receive any proceeds.
PLAN OF DISTRIBUTION
The
shares of our common stock offered by this prospectus may be sold from time to
time directly by the selling security holders. Alternatively, the selling
security holder may from time to time offer such shares through underwriters,
brokers, dealers, agents or other intermediaries. The selling security holders
as of the date of this prospectus have advised us that there were no
underwriting or distribution arrangements entered into with respect to the
common stock offered hereby.  The distribution of the common stock by
the selling security holders may be effected: in one or more transactions that
may take place on the Over the Counter (including one or more block
transactions) through customary brokerage channels, either through brokers
acting as agents for the selling security holders, or through market makers,
dealers or underwriters acting as principals who may resell these shares on the
Over the Counter; in privately-negotiated sales; by a combination of such
methods; or by other means. These transactions may be effected at market prices
prevailing at the time of sale, at prices related to such prevailing market
prices or at other negotiated prices. Usual and customary or specifically
negotiated brokerage fees or commissions may be paid by the selling security
holders in connection with sales of our common stock.
The
selling security holders may enter into hedging transactions with broker-dealers
in connection with distributions of the shares or otherwise. In such
transactions, broker-dealers may engage in short sales of the shares of our
common stock in the course of hedging the positions they assume with the selling
security holders. The selling security holders also may sell shares short and
redeliver the shares to close out such short positions. The selling security
holders may enter into option or other transactions with broker-dealers which
require the delivery to the broker-dealer of shares of our common stock. The
broker-dealer may then resell or otherwise transfer such shares of common stock
pursuant to this prospectus.
The
selling security holders also may lend or pledge shares of our common stock to a
broker-dealer. The broker-dealer may sell the shares of common stock so lent, or
upon a default the broker-dealer may sell the pledged shares of common stock
pursuant to this prospectus. Any securities covered by this prospectus which
qualify for sale pursuant to Rule 144 may be sold under Rule 144 rather than
pursuant to this prospectus. The selling security holders have advised us that
they have not entered into any agreements, understandings or arrangements with
any underwriters or broker-dealers regarding the sale of their securities. There
is no underwriter or coordinating broker acting in connection with the proposed
sale of shares of common stock for the selling security holders.
Although
the shares of common stock covered by this prospectus are not currently being
underwritten, the selling security holders or their underwriters, brokers,
dealers or other agents or other intermediaries, if any, that may participate
with the selling security holders in any offering or distribution of common
stock may be deemed "underwriters" within the meaning of the Securities Act and
any profits realized or commissions received by them may be deemed underwriting
compensation thereunder.
Under
applicable rules and regulations under the Exchange Act, any person engaged in a
distribution of shares of the common stock offered hereby may not simultaneously
engage in market making activities with respect to the common stock for a period
of up to five days preceding such distribution. The selling security holders
will be subject to the applicable provisions of the Exchange Act and the rules
and regulations promulgated thereunder, including without limitation Regulation
M, which provisions may limit the timing of purchases and sales by the selling
security holders.
In order
to comply with certain state securities or blue sky laws and regulations, if
applicable, the common stock offered hereby will be sold in such jurisdictions
only through registered or licensed brokers or dealers. In certain states, the
common stock may not be sold unless they are registered or qualified for sale in
such state, or unless an exemption from registration or qualification is
available and is obtained.
We will
bear all costs, expenses and fees in connection with the registration of the
common stock offered hereby. However, the selling security holders will bear any
brokerage or underwriting commissions and similar selling expenses, if any,
attributable to the sale of the shares of common stock offered pursuant to this
prospectus.
There can
be no assurance that the selling security holders will sell any or all of the
securities offered by them hereby.
LEGAL
MATTERS
On May
28, 2008, E-Terra, LLC, an Alaska limited liability company ("E-Terra"), filed a
claim against SARS
and
its wholly owned subsidiary, Secure Asset Reporting Services, Inc., in the
United State District Court, District of Alaska.  E-Terra is alleging
breach of contract of the software licensing agreement entered into between the
parties in November 2001, misappropriation of trade secrets and that it is due
fees for damages and lost revenue in excess of $75,000.  On or about
June 20, 2008, the Company filed an answer to and a counterclaim against E-Terra
alleging breach of contract and wrongful termination and that it is due fees for
damages and attorney fees.
The
Company is unaware of any other threatened or pending litigation against it not
in the ordinary course of business and that has not previously been
disclosed.
LEGAL
OPINION
The
legality of the common stock to be offered hereby has been passed upon by The
Otto Law Group, PLLC, Seattle, Washington.
AVAILABLE
INFORMATION
We file
annual, quarterly and current reports and other information with the Commission.
You may read and copy, upon payment of a fee set by the Commission, any
documents that we file with the Commission as its public reference room at 100 F
Street, NE., Washington, D.C. 20549.  You may also call the Commission
at 1-800-432-0330 for more information on the public reference
rooms.  Our filings are also available to the public on the Internet
through the Commission's EDGAR database. You may access the EDGAR database at
the Commission's website at www.sec.gov.
This
prospectus is part of a registration statement on Form S-8 that we have filed
with the Commission to register the common stock offered hereby under the
Securities Act.  As permitted by Commission rules, this prospectus
does not contain all of the information contained in the registration statement
and accompanying exhibits and schedules that we file with the
Commission.  You may refer to the registration statement, the exhibits
and schedules for more information about our common stock and us.  The
registration statement, exhibits and schedules are available at the Commission's
public reference rooms or through its EDGAR database on the
Internet.
You
should rely only on the information contained in this prospectus or any
supplement to this prospectus. We have not authorized anyone to provide you with
different information.
Our
common stock is quoted Over the Counter  under the symbol
"SARO."
NO
      PERSON HAS BEEN AUTHORIZED TO GIVE ANY INFORMATION OR TO MAKE ANY
      REPRESENTATIONS, OTHER THAN THOSE CONTAINED IN THIS PROSPECTUS, IN
      CONNECTION WITH THE OFFERING MADE HEREBY, AND, IF GIVEN OR MADE,
      SUCHINFORMATION OR REPRESENTATION MUST NOT
BE
      RELIED UPON AS HAVING BEEN
AUTHORIZED
      BY THE COMPANY OR ANY OTHER PERSON.  NEITHER THE DELIVERY OF
      THIS PROSPECTUS NOR ANY SALE MADE HEREUNDER SHALL UNDER ANY CIRCUMSTANCES
      CREATE
ANY
      IMPLICATION THAT THERE HAS BEEN NO CHANGE IN THE AFFAIRS OF THE COMPANY
      SINCE THE DATE HEREOF.  THIS PROSPECTUS DOES NOT CONSTITUTE AN
      OFFER TO SELL
OR
      A SOLICITATION OF AN OFFER TO BUY ANY SECURITIES OFFERED HEREBY BY ANYONE
      IN ANY JURISDICTION IN WHICH SUCH OFFER OR SOLICITATION IS NOT AUTHORIZED
      OR IN WHICH THE PERSON MAKING SUCH OFFER OR SOLICITATION IS NOT QUALIFIED
      TO DO SO OR TO ANY PERSON TO WHOM IT IS UNLAWFUL TO MAKE SUCH OFFER OR
      SOLICITATION.
5,000,000  SHARES
SARS
      CORPORATION
COMMON
      STOCK
_______________________
PROSPECTUS
_______________________
September
      2, 2008
Table
      of Contents
Page
PROSPECTUS
      SUMMARY
3
DOCUMENTS
      INCORPORATED BY REFERENCE
4
FORWARD
      LOOKING STATEMENTS
4
RISK
      FACTORS
5
THE
      COMPANY
7
SELLING
      SHAREHOLDERS
14
DESCRIPTION
      OF CAPITAL STOCK
15
USE
      OF PROCEEDS
15
PLAN
      OF DISTRIBUTION
15
LEGAL
      MATTERS
16
AVAILABLE
      INFORMATION
16
------------------------------------------------------------------------------------------------------------
PART
II
Item
3                                Incorporation
of Certain Documents by Reference
The
following documents, which have been filed with the Securities and Exchange
Commission (the "Commission") by the Registrant are incorporated by reference in
this registration statement:
(i)
Registrant's
      Annual Report on Form 10-KSB, for the fiscal year ended September 30,
      2007,
(ii)
Registrant's
      Quarterly Report on Form 10-QSB and Form 10-Q, for the quarters ended
      December 31, 2007, Match 31, 2008, and June 30,
  2008;
(iii)
Registrant's
      Report on Form 8-K, as amended, filed July 10, 2008, March 18, 2008,
      February 19, 2008, February 19, 2008, January 18, 2008, January 4, 2008,
      December 21, 2007, December 14, 2007, November 13, 2007, November 5, 2007,
      October 30, 2007, October 9, 2007, September 7, 2007, and August 31, 2007;
      and
(iv)
All
      documents subsequently filed by the Registrant pursuant to Sections 13(a),
      13(c), 14 and 15(d) of the Securities Exchange Act of 1934, shall be
      deemed to be incorporated by reference in this registration statement and
      to be part hereof from the date of the filing of such
      documents.
Item
4                                Description
of Securities
Not
applicable.
Item
5.                                Interests
of Named Experts and Counsel
Not
applicable.
Item
6.                                Indemnification
of Directors and Officers
Section
78.751 of the Nevada General Corporation Law generally allows the Registrant to
indemnify any person who was or is threatened to be made a party to any
threatened, pending or completed action, suit or proceeding by reason of the
fact that he or she is or was a director, officer, employee or agent of the
Registrant or is or was serving at the request of the Registrant as a director,
officer, employee or agent of any corporation, partnership, joint venture, trust
or other enterprise.  The Registrant may advance expenses in
connection with defending any such proceeding, provided the indemnitee
undertakes to pay any such amounts if it is later determined that such person
was not entitled to be indemnified by the Registrant.
Item
7                                Exemption
from Registration Claimed
Not
applicable.
Item
8                                Exhibits
Exhibit
      Number
Description
      of Exhibit(s)
5.1
Opinion
      and Consent of the Otto Law Group
23.1
Consent
      of, Independent Registered Public Accounting Firm
23.2
Consent
      of the Otto Law Group (filed as part of Exhibit
  5.1)
Item
9                                Undertakings
(a) The
undersigned Registrant hereby undertakes:
1. To
file, during any period in which offers or sales are being made, a
post-effective amendment to this Registration Statement:
(i) To
include any prospectus required by Section 10(a)(3) of the Securities Act of
1933;
(ii) To
reflect in the prospectus any facts or events arising after the effective date
of this Registration Statement (or the most recent post-effective amendment
thereof) which, individually or in the aggregate, represent a fundamental change
in the information set forth in this Registration Statement. Notwithstanding the
foregoing, any increase or decrease in volume of securities offered (if the
total dollar value of securities offered would not exceed that which was
registered) and any deviation from the low or high end of the estimated offering
range may be reflected in the form of prospectus filed with the Commission
pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price
represent no more than a 20 percent change in the maximum aggregate offering
price set forth in the "Calculation of Registration Fee" table in the effective
Registration Statement; and
(iii) To
include any material information with respect to the plan of distribution not
previously disclosed in this Registration Statement or any material change to
such information in this Registration Statement;
provided,
however, that paragraphs (a)(1)(i), (a)(1)(ii) and (a)(1)(iii) of this section
do not apply if the information required to be included in a post-effective
amendment by those paragraphs is contained in reports filed with or furnished to
the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the
Securities Exchange Act of 1934 that are incorporated by reference in this
Registration Statement.
2. That,
for the purpose of determining any liability under the Securities Act of 1933,
each such post-effective amendment shall be deemed to be a new Registration
Statement relating to the securities offered therein, and the offering of such
securities at that time shall be deemed to be the initial bona fide offering
thereof.
3. To
remove from registration by means of a post-effective amendment any of the
securities being registered which remain unsold at the termination of the
offering.
(b) The
undersigned Registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act of 1933, each filing of the Registrant's
annual report pursuant to Section 13(a) or Section 15(d) of the Securities
Exchange Act of 1934 (and, where applicable, each filing of an employee benefit
plan's annual report pursuant to Section 15(d) of the Securities Exchange Act of
1934) that is incorporated by reference in this Registration Statement shall be
deemed to be a new Registration Statement relating to the securities offered
therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
(c)
Insofar as indemnification for liabilities arising under the Securities Act of
1933 may be permitted to directors, officers and controlling persons of the
Registrant pursuant to the foregoing provisions, or otherwise, the Registrant
has been advised that in the opinion of the Securities and Exchange Commission
such indemnification is against public policy as expressed in the Securities Act
of 1933 and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
Registrant of expenses incurred or paid by a director, officer or controlling
person of the Registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the Registrant will, unless in
the opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Securities
Act of 1933 and will be governed by the final adjudication of such
issue.
SIGNATURES
Pursuant
to the requirements of the Securities Act of 1933, the registrant certifies that
it has reasonable grounds to believe that it meets all of the requirements for
filing this Registration Statement on Form S-8 and has duly caused this
registration statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Seattle, State of Washington, on September 2,
2008.
SARS
Corporation
By: /s/
Chris Wain
--------------------------------------------
Chris
Wain
Chief
Executive Officer
Pursuant
to the requirements of the Securities Act of 1933, this
Registration
Statement
has been signed below by or on behalf of the following persons in
the
capacities
indicated on September 2, 2008.
/s/
      Chris Wain
----------------------------
Chris
      Wain
Chief
      Executive Officer
September
      2, 2008
/s/
      Clayton Shelver
----------------------------
Clayton
      Shelver
Director
September
      2, 2008
/s/
      David Otto
----------------------------
David
      Otto
Director
September
      2, 2008
/s/
      Alan Chaffee
----------------------------
Alan
      Chaffee
Director
September
      2, 2008
EXHIBIT
INDEX
Exhibit
Number                                                           Description
------------------                                                      -------------------------------------
5.1           Opinion
of the Otto Law Group, PLLC
23.1           Consent
of The Otto Law Group, PLLC (included in Exhibit 5.1)
23.2           Consent
of Independent Registered Public Accounting Firm
Exhibit
5.1                      Opinion
of the Otto Law Group