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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>As filed with the Securities and Exchange
Commission on May 24, 2012</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Registration No. 333-</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-top: black 2.6pt solid"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Washington, D.C. 20549<BR></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><BR>
<FONT STYLE="font-size: 12pt"><B>FORM S-1<BR>
REGISTRATION STATEMENT<BR>
</B></FONT><FONT STYLE="font-size: 10pt">UNDER<BR>
THE SECURITIES ACT OF 1933</FONT></P>

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<BR STYLE="mso-special-character: line-break"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>NOSTALGIA
FAMILY BRANDS, INC.<BR>
</B></FONT><FONT STYLE="font-size: 10pt">(<I>Exact name of registrant as specified in its charter)</I></FONT></P>

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    <TD STYLE="width: 34%; font-weight: bold; text-align: center">Delaware</TD>
    <TD STYLE="width: 33%; font-weight: bold; text-align: center">5140</TD>
    <TD STYLE="width: 33%; font-weight: bold; text-align: center">27-3999874</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-style: italic; text-align: center">(State of incorporation)</TD>
    <TD STYLE="font-style: italic; text-align: center">(Primary Standard Industrial <BR> Classification Code Number)</TD>
    <TD STYLE="font-style: italic; text-align: center">(I.R.S. Employer <BR> Identification Number)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Nostalgia Family Brands, Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>20 Pape Drive</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Atlantic Highlands, New Jersey 07716</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(732) 291-3661</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>(Address, including zip code, and telephone
number, including area code, of registrant&rsquo;s principal executive offices)</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>William P. McDermitt</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Chief Executive Officer</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Nostalgia Family Brands, Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>20 Pape Drive</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Atlantic Highlands, New Jersey 07716</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(732) 291-3661</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>(Name, address, including zip code, and
telephone number, including area code, of agent for service)</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>&nbsp;</I></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><I>Copy to:</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Stephen E. Fox</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Herrick, Feinstein LLP</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>2 Park Avenue</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>New York, New York 10016</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(212) 592-1400</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Approximate date of commencement of proposed sale to the
public: </B>As soon as practicable after the effective date of this Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If any of the securities being registered on this Form are to
be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following box. <FONT STYLE="font-family: Wingdings; color: black">x</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If this Form is filed to register additional securities for
an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration
statement number of the earlier effective registration statement for the same offering. <FONT STYLE="font-family: Wingdings; color: black">&uml;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If this Form is a post-effective amendment filed pursuant to
Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the
earlier effective registration statement for the same offering. <FONT STYLE="font-family: Wingdings; color: black">&uml;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If this Form is a post-effective amendment filed pursuant to
Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the
earlier effective registration statement for the same offering. <FONT STYLE="font-family: Wingdings; color: black">&uml;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, a non-accelerated filer, or a small reporting company. See the definitions of &ldquo;large accelerated
filer,&rdquo; &ldquo;accelerated filer,&rdquo; and &ldquo;smaller reporting company&rdquo; in Rule 12b-2 of the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 66%; padding-left: 0.12in">Large accelerated filer <FONT STYLE="font-family: Wingdings; color: black">&uml;</FONT></TD>
    <TD STYLE="width: 34%">Accelerated filer <FONT STYLE="font-family: Wingdings; color: black">&uml;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.12in">Non-accelerated filer <FONT STYLE="font-family: Wingdings; color: black">&uml;</FONT> (Do not check if a smaller reporting company)</TD>
    <TD>Smaller reporting company <FONT STYLE="font-family: Wingdings; color: black">x</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CALCULATION OF REGISTRATION FEE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

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<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="font-weight: bold; border-bottom: Black 1pt solid">Title of each class of securities to be registered</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><B>Amount to be<BR> Registered</B></TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><B>Proposed<BR> maximum<BR>
    offering price<BR> per&nbsp;share<SUP>(1)</SUP></B></TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><B>Proposed<BR> maximum<BR>
    aggregate<BR> offering price<SUP>(1)</SUP></B></TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><B>Amount of<BR> registration<BR>
    fee</B></TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="width: 48%">Common Stock, $0.001 par value per share</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">3,000,000 shs.</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right">0.10</TD><TD STYLE="width: 1%; text-align: left"></TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right">300,000</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right">34.38</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
</TABLE>



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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(1)</TD><TD>Estimated solely for purposes of computing the amount of the registration fee pursuant to Rule 457(a) under the Securities
Act of 1933.</TD></TR></TABLE>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>The Registrant hereby amends this Registration
Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment
which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of
the Securities Act of 1933 or until the Registration Statement shall become effective on such date as the Commission, acting pursuant
to said Section 8(a), may determine.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red">The information in this prospectus is not complete
and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission
is effective. This prospectus is not an offer to sell these securities and it is not soliciting an offer to buy these securities
in any state where the offer or sale is not permitted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: red">Subject to Completion&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: red">Preliminary Prospectus dated
May 24, 2012</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>PROSPECTUS</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">NOSTALGIA FAMILY BRANDS, INC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">3,000,000 Shares of Common Stock</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">This is an initial public
offering of our common stock. We are offering for sale up to 3,000,000 shares of our common stock on a best efforts, self-underwritten
basis for up to ninety days following the date of this prospectus at a fixed price of $0.10 per share, which may be extended by
us for up to an additional ninety day period. If all shares being offered by us are sold, we will receive an aggregate of $300,000,
less approximately $50,000 in expenses. No public market currently exists for the shares being offered.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">There will be no underwriter
involved in the sale of the shares. We intend to offer the shares through the efforts of our officers and sole director and it
is intended that such officers and sole director will not be paid any commission for such sales. Our officers and sole director
may be deemed &ldquo;underwriters&rdquo; within the meaning of the Securities Act of 1933, as amended, and any commissions and
discounts given to any such officers and sole director, if any, may be regarded as underwriting commissions or discounts under
the Securities Act of 1933.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in"><B>We are still in the
planning stages of our development and have not as yet commenced any operations. These are speculative securities. Please read
the &ldquo;Risk Factors&rdquo; section beginning on page 4 of this prospectus before making a decision to invest in our common
stock.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Neither the Securities
and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this
prospectus is truthful or complete. Any representation to the contrary is a criminal offense.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">There is currently no
public market for our common stock and we have not applied for listing or quotation on any public market. We have arbitrarily determined
the offering price of $0.10 per share. The offering price bears no relationship to our assets, book value, earnings or any other
customary investment criteria. We intend to seek a market maker to file an application with the Financial Industry Regulatory Authority
to have our common stock quoted on the Over-the-Counter Bulletin Board or the OTC Pink market. We currently have no market maker
who is willing to list quotations for our stock. There is no assurance that an active trading market for our shares will develop,
or, if developed, that it will be sustained.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">The date of this prospectus is &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2012</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">TABLE OF CONTENTS</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<TR>
    <TD STYLE="width: 90%; vertical-align: top">&nbsp;</TD>
    <TD STYLE="width: 10%; vertical-align: bottom; border-bottom: windowtext 1pt solid; font-weight: bold; text-align: right">Page</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">Prospectus Summary</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">1</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">Risk Factors</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">4</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">Forward Looking Statements</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">9</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">Use Of Proceeds</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">10</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">Dividend Policy</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">10</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">Dilution</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">11</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">Market For Our Common Stock</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">13</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">Management&rsquo;s Discussion And Analysis Of Financial Condition And Results Of Operations</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">14</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">Proposed Business</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">18</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">Management</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">22</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">Executive Compensation</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">24</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">Certain Relationships And Related Party Transactions</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">24</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">Principal Stockholders</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">25</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">Description Of Capital Stock</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">26</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">Plan Of Distribution</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">29</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">Legal Matters</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">31</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">Experts</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">31</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">Where You Can Find Additional Information</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">31</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; tab-stops: right dotted 6.5in">Index To Financial Statements</TD>
    <TD STYLE="vertical-align: bottom; tab-stops: right dotted 6.5in; text-align: right">F-1</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We are responsible for
the information contained in this prospectus. We have not authorized anyone to give you any other information, and take no responsibility
for any other information that others may give you. <FONT STYLE="color: black">We are offering to sell, and seeking offers to buy,
shares of our common stock only in jurisdictions where offers and sales are permitted. The information contained in this prospectus
is accurate only as of the date of this prospectus, regardless of the time of delivery of this prospectus or of any sale of our
</FONT>common stock<FONT STYLE="color: black">.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">BASIS OF PRESENTATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Except as otherwise indicated
herein or as the context otherwise requires, in this prospectus, &ldquo;we,&rdquo; &ldquo;our&rdquo; and &ldquo;us&rdquo; refers
to Nostalgia Family Brands, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">In this prospectus, we
rely on and refer to certain market and industry data and forecasts related thereto. We obtained this information and these statistics
from sources other than us, which we have supplemented where necessary with information from publicly available sources and our
own internal estimates. We use these sources and estimates and believe them to be reliable, but we cannot give you any assurance
that any of the projected results will be achieved.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-top: Black 1pt solid">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">PROSPECTUS SUMMARY</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in"><I>This summary highlights
information contained elsewhere in this prospectus. This summary may not contain all of the information that may be important to
you. <FONT STYLE="color: black">You should read the entire prospectus carefully together with our financial statements and the
related notes appearing elsewhere in this prospectus before you decide to invest in our common stock. This prospectus contains
forward-looking statements, which involve risks and uncertainties. Our actual results could differ materially from those anticipated
in such forward-looking statements as a result of certain factors, including those discussed under the heading &ldquo;Risk Factors&rdquo;
and other sections of this prospectus.</FONT></I></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Overview</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We aim to acquire ownership
and other rights to discontinued consumer product brands, with the ultimate goal of reviving these products and commercializing
them, based on an idea that nostalgia for such brands will be a powerful incentive to purchase among the 55 and over population,
which we refer to in this prospectus as the senior population. We believe that many formerly popular brand names that were discontinued
by their parent companies still resonate with the senior population and if so revived and made available in supermarkets and other
retail establishments, would attract this population and others as consumers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We believe that as a person
ages, he or she often feels left behind and tends to remember the &ldquo;good old days&rdquo; when life was simpler. We believe
we can tap into these feelings and use it as a trigger for purchasing decisions, as studies have shown that seniors miss their
youth and many of the products which they used during childhood that are no longer available. According to a December 2010 study
from Arizona State University&rsquo;s W.P. Carey School of Business, a significant number of the senior population miss the life
they led as children and younger adults, and many of the products which they used during that time and which are no longer available.
We believe that the combination of familiarity and positive associations linger as a person ages, and we intend to build on these
associations to revive a retail presence for one or more discontinued consumer product brands that at one time was widely recognized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We are a development stage
company and have limited operations. For the period from November 5, 2010 (Inception) to March 31, 2012, we have not generated
any revenue and incurred net losses of $11,958. Due to the &quot;start up&quot; nature of our business, we expect to incur losses
as we expand. To date, our cash flow requirements have been met by an equity financing. If we are unable to successfully sell our
common stock in this offering, generate sufficient profits or otherwise obtain additional funds for our working capital needs,
we may need to cease or curtail operations. Furthermore, there is no assurance the net proceeds from any successful financing arrangement,
including this offering, will be sufficient to cover cash requirements during the initial stages of our operations. For these reasons,
our auditors believe that there is substantial doubt that we will be able to continue as a going concern.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Proposed Products</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We intend to target for
purchase the intellectual property and other rights to discontinued consumer product brands. We consider a product to be discontinued
if it is no longer available at traditional retail levels such as at groceries and drug stores, or on the internet.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We do not currently have
any products for sale or own any brand names to commercialize in accordance with our business plan. To date, we have researched
over 100 discontinued products and have our focus on 20 of these products in three categories of consumer products: candy, food
other than candy, and personal products.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Corporate Information</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We were
incorporated on November 5, 2010 under the laws of the State of Delaware. Our principal executive office is located at 20
Pape Drive, Atlantic Highlands, New Jersey 07716, and our telephone number at that office is (732) 291-3661. We intend to
develop the website address www.nostalgiafamilybrands.com. Our website and information contained on, or that can be
accessed through, our website are not part of this prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-top: Black 1pt solid">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">The Offering</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 43%; vertical-align: top">Common stock offered by us</TD>
    <TD STYLE="width: 2%; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="width: 55%; vertical-align: bottom">3,000,000 shares of common stock</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">Offering price per share</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">$0.10<SUP>(1)</SUP></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">Common stock to be outstanding immediately after this offering</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">6,800,000 shares of common stock<SUP>(2)</SUP></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">Use of proceeds</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">We estimate that our net proceeds from this offering will be approximately $250,000, based on an initial public offering price of $0.10 per share and after deducting estimated offering expenses payable by us of approximately $50,000. <BR>
<BR>
We intend to use the net proceeds from the sale of our common stock in this offering to purchase the rights to and commercialize discontinued consumer product brands, and for general corporate purposes, including the partial funding of this offering. See &ldquo;Use of Proceeds.&rdquo;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">Risk factors</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">See &ldquo;Risk Factors&rdquo; on page 4 of this prospectus for a discussion of factors you should carefully consider before deciding to invest in our common stock.</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">Dividend policy</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">We have not declared or paid any dividends on our common stock since our inception, and we do not anticipate paying any such dividends for the foreseeable future. See &ldquo;Dividend Policy.&rdquo;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 17.1pt"><SUP>(1)</SUP></TD><TD>The offering price was determined by us arbitrarily. We believe that this price reflects the appropriate price that a potential
investor would be willing to invest in our common stock at this initial stage of our development. This price bears no relationship
whatsoever to our business plan, the price paid for our shares by our founders, our assets, potential earnings, book value or any
other criteria of value. The offering price should not be regarded as an indicator of the future market price of our common stock,
which is likely to fluctuate.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.1pt"><SUP>(2)</SUP></TD><TD>Assumes the sale of all 3,000,000 shares of our common stock offered pursuant to this prospectus.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-top: Black 1pt solid">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Summary Selected Historical Financial
Data</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The following summary
financial data are derived from our financial statements should be read in conjunction with &ldquo;Management&rsquo;s Discussion
and Analysis of Financial Condition and Results of Operation&rdquo; and our audited financial statements and the related notes
thereto, each of which is included in this prospectus. The &ldquo;As Adjusted&rdquo; financial information gives effect to the
sale of all 3,000,000 shares we are offering in this offering as if such sale had occurred at March 31, 2012.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP>&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">December 31, 2011</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="7" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">March 31, 2012</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">Balance Sheet Data:</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" NOWRAP STYLE="font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Actual</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">As Adjusted</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="width: 61%; text-align: left; padding-left: 9pt">Total assets</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right">20,592</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right">26,242</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right">276,242</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 9pt">Total liabilities</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">200</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">200</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">200</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left; padding-left: 9pt">Stockholders&rsquo; equity</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">20,392</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">26,042</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">276,042</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">RISK FACTORS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in"><I>Investing in our common
stock involves a high degree of risk. You should carefully consider the risks described below, together with the other information
contained in this prospectus, before making your decision to invest in shares of our common stock. We cannot assure you that any
of the events discussed in the risk factors below will not occur. These risks could have an adverse impact on our business, results
of operations, financial condition and cash flows. If any of the following risks develops into an actual event, the trading price
of our common stock could decline, and you could lose all or part of your investment.</I>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><BR>
<B>Risks Related to our Business</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><B><I>As a company in the
early stage of development with an unproven business strategy, our limited history of operations makes evaluation of our business
and prospects difficult.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We were incorporated on
November 5, 2010 and our business is in the development stage. Our business prospects are difficult to predict because of our limited
operating history, early stage of development and unproven business strategy. While we intend to focus on our primary business
activity of acquiring rights to and reviving discontinued consumer product brands, no assurance can be given that we will be successful
in implementing our business plan. We may not ever generate revenues or attain profitable operations, and our management may not
succeed in realizing our business objectives.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><B><I>We are uncertain of
our ability to function as a going concern, indicating the possibility that we may not be able to operate in the future.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">To date, we have completed
only the initial stages of our business plan and we can provide no assurance that we will be able to generate a sufficient amount
of revenue, if any, from our business in order to achieve profitability. It is not possible at this time for us to predict with
assurance the potential success of our business. The revenue and income potential of our proposed business and operations are as
of yet unknown. If we cannot continue as a viable entity, you may lose some or all of your investment in our common stock. L.L.
Bradford &amp; Company, LLC, our independent registered public accounting firm, has expressed substantial doubt about our ability
to continue as a going concern. This opinion could materially limit our ability to raise additional funds by issuing debt or equity
securities or otherwise. If we fail to raise sufficient capital when needed, we will not be able to completely execute our business
plan. As a result, we may have to cease our business and liquidate any assets we own, and purchasers of our common stock may lose
their entire investment. Potential purchasers of our common stock should consider our independent public accountant&rsquo;s opinion
about our ability to continue as a going concern when determining if an investment in us is suitable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><B><I>Our business will
fail if we are unable to identify, acquire, commercialize, market and sell discontinued consumer product brands or otherwise implement
our business plan successfully.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The success of our business
plan is dependent, among other things, on our ability to identify, acquire, commercialize, market and sell discontinued consumer
product brands. Our business will fail if we cannot successfully implement our business plan, or successfully market our planned
product and capabilities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><B><I>We expect to suffer
losses for the foreseeable future.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We expect to incur operating
losses for the foreseeable future. These losses will occur because we do not yet have yet sufficient revenues to offset the expenses
associated with the development of our planned business. We cannot guarantee that we will ever become successful in generating
sufficient revenues in the future. If we are unable to generate sufficient revenues, we will not be able to earn profits or continue
operations. If we are unsuccessful in addressing these risks, our business will most likely fail.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><B><I>If our views on the
strength of nostalgia as a driver for sales of consumer products is erroneous, our financial condition and results of operations
would likely suffer.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We believe that there
is a potential market for discontinued consumer product brands based on the strength of nostalgia in the senior population. We
can give no assurance that our views on nostalgia, or its use as a marketing tool to sell products, will prove to be successful,
especially considering that any brands we may acquire were likely discontinued due to a lack of sales or popularity at such time.
If such views turn out to be erroneous, our results of operations and financial condition could be materially and adversely affected.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><B><I>We intend to enter
a competitive market which could impact our ability to gain market share and accordingly could harm our financial performance.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The market for consumer
products is intensely competitive. Although we intend to differentiate from other companies in that we are marketing products based
in part on the strength of nostalgia in the senior population, there are a number of companies, many of which are established,
that sell numerous products that would compete with any brands we may acquire, many of which are household names. If we cannot
gain shelf space for our planned products at retailers or gain market share, our business and financial performance will be adversely
affected.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><B><I>We may not be able
to execute our business plan or stay in business without additional funding.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Our ability to successfully
develop our business and eventually to generate operating revenues depends on our ability to obtain the necessary financing to
implement our business plan, including the funds we are seeking to raise in this offering. Whether or not we sell all of the shares
we are offering pursuant to this prospectus, we will require additional financing through the issuance of debt and/or equity in
order to implement our business plan, including identifying, acquiring and distributing consumer products, build inventory, hire
additional personnel as needed and eventually establish profitable operations. Such financing may not be forthcoming. As it has
been widely reported, global and domestic financial markets and economic conditions have been, and continue to be, disrupted and
volatile due to a variety of factors, including weak economic conditions. As a result, the cost of raising money in the debt and
equity capital markets has increased substantially while the availability of funds from those markets has diminished significantly,
even more so for smaller companies like ours. If such conditions and constraints continue, we may not be able to acquire additional
funds either through credit markets or through equity markets and, even if additional financing is available, it may not be available
on terms we find favorable. At this time, there are no anticipated sources of additional funding in place. Failure to sell all
3,000,000 shares we are offering pursuant to this prospectus and to secured additional funding when needed will have an adverse
effect on our ability to meet our obligations and remain in business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><B><I>If our estimates related
to expenditures are erroneous or inaccurate, our business may fail and you could lose your entire investment.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Our success is dependent
in part upon the accuracy of our management&rsquo;s estimates of expenditures for 2012 and beyond, including those we expect to
incur as a publicly reporting company, costs relating to acquiring rights to consumer product brands and commercialization of those
brands, website development, and advertising and administrative expenses, which management estimates to aggregate a minimum of
approximately $250,000 over the next 12 months. If such estimates are erroneous or inaccurate, or we encounter unforeseen expenses
and delays, we may not be able to carry out our business plan, which could result in the failure of our business and a loss of
your entire investment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><B><I>If we are unable to
identify and retain qualified personnel, our business and financial performance may suffer.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We expect to be dependent
on relationships with third parties in order to successfully commercialize our planned product lines. As a new company with very
limited operating history, we may have difficulty in retaining the personnel required by us. If we are unable to fill those key
positions or if we fail to hire or retain the necessary personnel, our business will suffer and you may lose your entire investment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><B><I>We need to retain
key personnel to support our product and ongoing operations.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Our future success depends
upon the continued service of Mr. William P. McDermitt, our chief executive officer and sole director, and Mr. Edward O&rsquo;Donnell,
our vice president, chief financial officer and secretary, on whom we are relying to implement our business plan. The loss of the
services of either of Messrs. McDermitt and O&rsquo;Donnell could negatively impact our ability to select and commercialize potential
brands, which could adversely affect our financial results and impair our operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><B><I>Our chief executive
officer and sole director lacks experience in and with publicly traded companies.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">While we intend to rely
heavily on Mr. McDermitt, he has no experience serving as an officer or director of a publicly traded company, or experience with
the reporting requirements which public companies are subject to. Additionally, Mr. McDermitt has no experience with the financial
accounting and preparation requirements of financial statements which we will be required to file on a quarterly and annual basis
under the Securities Exchange Act of 1934, as amended, once our registration statement, of which this prospectus is a part, is
declared effective. Consequently, our operations, earnings and ultimate financial success could suffer irreparable harm due to
our chief executive officer&rsquo;s ultimate lack of experience with publicly traded companies in general and especially in connection
with their lack of experience with the financial accounting and preparation requirements of the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Risks Related to our Common Stock and this Offering</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>There is currently no public market for our securities,
and there can be no assurance that any public market will develop or that our common stock will be quoted for trading.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">There is no public market
for our securities and there can be no assurance that an active trading market for the securities offered herein will develop after
this offering, or, if developed, be sustained. We intend to identify a market maker to file an application with the Financial Industry
Regulatory Authority (&ldquo;FINRA&rdquo;) to have our common stock quoted on the Over-the-Counter Bulletin Board. We will have
to satisfy certain criteria in order for our application to be accepted. We do not currently have a market maker that is willing
to participate in this application process, and even if we identify a market maker, there can be no assurance as to whether we
will meet the requisite criteria or that our application will be accepted. Our common stock may never be quoted on the Over-the-Counter
Bulletin Board, or, even if quoted, a public market may not materialize.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">If our securities are
not eligible for initial quotation, or if quoted, are not eligible for continued quotation on the Over-the-Counter Bulletin Board
or a public trading market does not develop, purchasers of the shares of common stock may have difficulty selling or be unable
to sell their securities should they desire to do so, rendering their shares effectively worthless and resulting in a complete
loss of their investment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Because we will be subject to &ldquo;penny stock&rdquo;
rules if our shares are quoted on the Over-the-Counter Bulletin Board, the level of trading activity in our stock may be reduced.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Broker-dealer practices
in connection with transactions in &ldquo;penny stocks&rdquo; are regulated by penny stock rules adopted by the Securities and
Exchange Commission. Penny stocks generally are equity securities with a price of less than $5.00 (other than securities registered
on some national securities exchanges). The penny stock rules require a broker-dealer, prior to a transaction in a penny stock
not otherwise exempt from the rules, to deliver a standardized risk disclosure document 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 current bid
and offer quotations for the penny stock, the compensation of the broker-dealer and its salesperson in the transaction, and, if
the broker-dealer is the sole market maker, the broker-dealer must disclose this fact and the broker-dealer&rsquo;s presumed control
over the market, and monthly account statements showing the market value of each penny stock held in the customer&rsquo;s account.
In addition, broker-dealers who sell these securities to persons other than established customers and &ldquo;accredited investors&rdquo;
must make a special written determination that the penny stock is a suitable investment for the purchaser and receive the purchaser&rsquo;s
written agreement to the transaction. Consequently, these requirements may have the effect of reducing the level of trading activity,
if any, in the secondary market for a security subject to the penny stock rules. If a trading market does develop for our common
stock, these regulations will likely be applicable, and investors in our common stock may find it difficult to sell their shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>FINRA sales practice requirements may limit a stockholder&rsquo;s
ability to buy and sell our stock.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">FINRA has adopted rules
that require that in recommending an investment to a customer, a broker-dealer must have reasonable grounds for believing that
the investment is suitable for that customer. Prior to recommending speculative low priced securities to their non-institutional
customers, broker-dealers must make reasonable efforts to obtain information about the customer&rsquo;s financial status, tax status,
investment objectives and other information. Under interpretations of these rules, FINRA believes that there is a high probability
that speculative low priced securities will not be suitable for certain customers. FINRA requirements will likely make it more
difficult for broker-dealers to recommend that their customers buy our common stock, which may have the effect of reducing the
level of trading activity in our common stock. As a result, fewer broker-dealers may be willing to make a market in our common
stock, reducing a stockholder&rsquo;s ability to resell shares of our common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>State securities laws may limit secondary trading, which
may restrict the states in which you can sell the shares offered by this prospectus.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">If you purchase shares
of our common stock sold pursuant to this offering, you may not be able to resell the shares in a certain state unless and until
the shares of our common stock are qualified for secondary trading under the applicable securities laws of such state or there
is confirmation that an exemption, such as listing in certain recognized securities manuals, is available for secondary trading
in such state. There can be no assurance that we will be successful in registering or qualifying our common stock for secondary
trading, or identifying an available exemption for secondary trading in our common stock in every state. If we fail to register
or qualify, or to obtain or verify an exemption for the secondary trading of our common stock in any particular state, the shares
of common stock could not be offered or sold to, or purchased by, a resident of that state. In the event that a significant number
of states refuse to permit secondary trading in our common stock, the market for the common stock will be limited, which could
drive down the market price of our common stock, and reduce the liquidity of the shares of our common stock and a stockholder&rsquo;s
ability to resell shares of our common stock at all or at current market prices, which could increase a stockholder&rsquo;s risk
of losing some or all of his investment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>If quoted, the price of our common stock may be volatile,
which may substantially increase the risk that you may not be able to sell your shares at or above the price that you may pay for
the shares.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Even if our shares are
quoted for trading on the Over-the-Counter Bulletin Board or other over-the-counter market following this offering and a public
market develops for our common stock, the market price of our common stock may be volatile. It may fluctuate significantly in response
to the following factors:</P>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>variations in quarterly operating results;</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>our announcements of the acquisition of assets and achievement of milestones, or the inability to so acquire assets or achieve
milestones;</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>our relationships with other companies or capital commitments;</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>additions or departures of key personnel;</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>sales of capital stock or termination of stock transfer restrictions;</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>changes in financial estimates by securities analysts, if any; and</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>fluctuations in stock market price and volume.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Your inability to sell your shares during a decline in the price
of our stock may increase losses that you may suffer as a result of your investment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>We arbitrarily determined the price of the shares of our
common stock to be sold by us pursuant to this prospectus, and such price may not reflect the actual market price for the securities.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The initial offering price
of $0.10 per share of common stock offered by us pursuant to this prospectus was determined by us arbitrarily. The price is not
based on our financial condition or prospects, market prices of similar securities of comparable publicly traded companies, certain
financial and operating information of companies engaged in similar activities to ours, or general conditions of the securities
market. The price may not be indicative of the market price, if any, for our common stock in the trading market after this offering.
The market price of our common stock may decline below the initial public offering price. The stock market has experienced extreme
price and volume fluctuations. In the past, securities class action litigation has often been instituted against various companies
following periods of volatility in the market price of their securities. If instituted against us, regardless of the outcome, such
litigation would result in substantial costs and a diversion of management&rsquo;s attention and resources, which would increase
our operating expenses and affect our financial condition and business operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Because we do not intend to pay any dividends on our common
stock, holders of our common stock must rely on stock appreciation for any return on their investment.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We have not declared or
paid any dividends on our common stock since our inception, and we do not anticipate paying any such dividends for the foreseeable
future. Accordingly, holders of our common stock will have to rely on capital appreciation, if any, to earn a return on their investment
in our common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Additional issuances of our securities may result in immediate
dilution to existing stockholders.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We are authorized to issue
up to 50,000,000 shares of common stock, $ 0.001 par value, of which 3,800,000 shares of common stock currently issued and outstanding.
Our Board of Directors has the authority to cause us to issue additional shares of common and preferred stock, and to determine
the rights, preferences and privilege of such shares, without consent of any of our stockholders. We may issue shares in connection
with financing arrangements or otherwise. Any such issuances will result in immediate dilution to our existing stockholders&rsquo;
interests, which will negatively affect the value of your shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The market price of our
common stock could decline as a result of sales of a large number of shares of our common stock available for sale after completion
of this offering, or the perception that such sales could occur. These sales, or the possibility that these sales may occur, also
may make it more difficult for us to raise additional capital by selling equity securities in the future, at a time and price that
we deem appropriate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We cannot predict the
size of future issuances of our common stock or the effect, if any, that future issuances and sales of shares of our common stock
may have on the market price of our common stock. Sales or distributions of substantial amounts of our common stock, including
shares issued in connection with an acquisition, or the perception that such sales or distributions could occur, may cause the
market price of our common stock to decline.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>We have broad discretion in the use of the net proceeds
to us from this offering and may not use them in a manner in which our stockholders would consider appropriate.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We cannot specify with
certainty the particular uses of the net proceeds that we will receive from this offering, although we intend to use a portion
for the purchase of rights to as-yet unidentified discontinued consumer product brands. Our management will have broad discretion
in the application of the net proceeds, including for any of the purposes described under the heading &ldquo;Use of Proceeds&rdquo;
included elsewhere in this prospectus. Our stockholders may not agree with the manner in which our management chooses to allocate
and spend the net proceeds. The failure by our management to apply these funds effectively could have an adverse effect on our
business. Pending their use, we may invest the net proceeds from this offering in short-term securities or other investment products.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Any issuance of preferred stock could make it difficult
for another company to acquire us or could otherwise adversely affect holders of our common stock, which could depress the price
of our common stock.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Our board of directors
has the authority to issue preferred stock and to determine the preferences, limitations and relative rights of shares of preferred
stock and to fix the number of shares constituting any series and the designation of such series, without any further vote or action
by our stockholders. Our preferred stock could be issued with voting, liquidation, dividend and other rights superior to the rights
of our common stock. The potential issuance of preferred stock may delay or prevent a change in control of us, discouraging bids
for our common stock at a premium over the market price, and adversely affect the market price and the voting and other rights
of the holders of our common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in"><B><I>&nbsp;</I></B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">FORWARD LOOKING STATEMENTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This prospectus contains &ldquo;forward-looking
statements.&rdquo; Such statements can be identified by the use of forward-looking terminology such as &ldquo;believes,&rdquo;
&ldquo;expects,&rdquo; &ldquo;may,&rdquo; &ldquo;estimates,&rdquo; &ldquo;will,&rdquo; &ldquo;should,&rdquo; &ldquo;intends,&rdquo;
&ldquo;plans&rdquo; or &ldquo;anticipates&rdquo; or the negative thereof or other variations thereon or comparable terminology,
or by discussions of strategy. Readers are cautioned that any such forward-looking statements are not guarantees of future performance
and may involve significant risks and uncertainties, and that actual results may vary materially from those in the forward-looking
statements as a result of various factors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Prospective investors are cautioned not
to place undue reliance on forward-looking statements. All written and oral forward-looking statements attributable to us or persons
acting on our behalf are qualified in their entirety by those cautionary statements. Any forward-looking statements which we make
in this prospectus speak only as of the dates of such statements, and we undertake no obligation to update any such factors or
to publicly announce the result of any revisions to any of the forward-looking statements contained in this prospectus to reflect
future events or developments. Comparisons of results for current and any prior periods are not intended to express any future
trends or indications of future performance, unless expressed as such, and should only be viewed as historical data.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Forward-looking statements include, but
are not limited to, statements about:</P>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>our anticipated future results of operations and operating cash flows;</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>our ability to successfully identify, acquire, commercialize and sell discontinued consumer product brands;</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>our business plan;</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>our competitive position and the effects of competition on our planned business;</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>potential growth opportunities available to us;</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>the recruitment and retention of employees and consultants; and</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>our potential operating performance, achievements and efficiency.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">USE OF PROCEEDS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We estimate that we will
receive approximately $250,000 in net proceeds from this offering, after deducting estimated expenses of $50,000 payable by us,
assuming the sale of all 3,000,000 shares of common stock we are offering pursuant to this prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We expect to use the net
proceeds that we receive from this offering to purchase the rights to and commercialize discontinued consumer product brands, and
for general corporate purposes, including to partially fund the cost of this offering. However, as of the date of this prospectus,
we have no definitive agreement relating to any such acquisition or investment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We have not yet determined
the amount of net proceeds to be used specifically for any specific purpose. Accordingly, management will have significant flexibility
in applying the net proceeds of this offering. Pending the application of the net proceeds from this offering, the net proceeds
may be invested in short-term securities or other investment products.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Assuming all of the shares
being offered by us are sold, resulting in gross proceeds to us of $300,000, we expect to use the proceeds in the priority set
forth below, within the first 12 months after successful completion of this offering and receipt of the funds.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" STYLE="border-collapse: collapse; width: 80%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="width: 87%; text-align: left; padding-bottom: 2.5pt">Proceeds to us</TD><TD STYLE="width: 1%; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="width: 10%; border-bottom: Black 2.5pt double; text-align: right">300,000</TD><TD STYLE="width: 1%; padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Expenses relating to this offering</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">50,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>Expenditures:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 9pt">Product acquisitions</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">25,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="padding-left: 9pt">Manufacturing</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">100,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 9pt">Advertising and marketing</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">75,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="padding-left: 9pt">Miscellaneous</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">10,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Working capital and general corporate purposes</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">40,000</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">300,000</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">DIVIDEND POLICY</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We have not paid any dividends since our
inception and do not anticipate the payment of dividends in the foreseeable future. At present, our policy is to retain earnings,
if any, to develop and market our business. The payment of dividends in the future will depend upon, among other factors, our earnings,
capital requirements, and operating financial conditions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">DILUTION</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Our net tangible book value as of March
31, 2012 was approximately $26,042, or $0.007 per share of common stock based on 3,800,000 shares of common stock outstanding as
of such date. Net tangible book value per share represents the amount of our total tangible assets less total liabilities, divided
by the number of shares of common stock outstanding as of March 31, 2012. Dilution in net tangible book value per share to new
investors represents the difference between the amount per share paid by purchasers of shares in this offering and the net tangible
book value per share of common stock immediately after completion of this offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">After giving effect to the sale of all the
shares being sold pursuant to this offering at the offering price of $0.10 per share, and after deducting estimated offering expenses
payable by us in the amount of $50,000, our net tangible book value would be approximately $276,042, or $0.041 per share of common
stock. This represents an immediate increase in net tangible book value of $0.034 per share of common stock to existing stockholders
and an immediate dilution in net tangible book value of $0.059 per share, or 59% per share,&nbsp;to new investors purchasing the
shares in this offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The following table illustrates this per
share dilution if all 3,000,000 shares are sold:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 90%; font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold">Offering ($0.10)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 74%">Public offering price per share of common stock</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right">0.100</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>Net tangible book value per common share as of March 31, 2012</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.007</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"></TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Increase in net tangible book value per share attributable to existing stockholders</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.034</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"></TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left">Net tangible book value per share as adjusted after this offering</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.041</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Dilution per share to new investors</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.059</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Because we are offering up to 3,000,000
shares on a best efforts basis and there are no minimum proceeds required to close this offering, it is probable that we may be
able to sell less than 3,000,000 shares that we are offering. The following tables provide the per share dilution if 75%, 50%,
and 25% of the 3,000,000 shares offered pursuant to this prospectus are sold:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">After giving effect to the sale of 75%,
or 2,250,000 shares being sold pursuant to this offering at the offering price of $0.10 per share, and after deducting estimated
offering expenses payable by us in the amount of $50,000, our net tangible book value would be approximately $201,042, or $0.033
per share of common stock. This represents an immediate increase in net tangible book value of $0.026 per share of common stock
to existing stockholders and an immediate dilution in net tangible book value of $0.067 per share, or 67% per share,&nbsp;to new
investors purchasing the shares in this offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The following table illustrates this per
share dilution if 75%, or 2,250,000 shares are sold:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 90%; font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold">Offering ($0.10)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 74%">Public offering price per share of common stock</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right">0.100</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>Net tangible book value per common share as of March 31, 2012</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.007</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"></TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Increase in net tangible book value per share attributable to existing stockholders</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.026</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"></TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left">Net tangible book value per share as adjusted after this offering</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.033</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Dilution per share to new investors</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.067</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">After giving effect to the sale of 50%, or 1,500,000 shares
being sold pursuant to this offering at the offering price of $0.10 per share, and after deducting estimated offering expenses
payable by us in the amount of $50,000, our net tangible book value would be approximately $126,042, or $0.024 per share of common
stock. This represents an immediate increase in net tangible book value of $0.017 per share of common stock to existing stockholders
and an immediate dilution in net tangible book value of $0.076 per share, or 76% per share,&nbsp;to new investors purchasing the
shares in this offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The following table
illustrates this per share dilution if 50%, or 1,500,000 shares are sold:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 90%; font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold">Offering ($0.10)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 74%">Public offering price per share of common stock</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right">0.100</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>Net tangible book value per common share as of March 31, 2012</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.007</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"></TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Increase in net tangible book value per share attributable to existing stockholders</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.017</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"></TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left">Net tangible book value per share as adjusted after this offering</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.024</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Dilution per share to new investors</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.076</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">After giving effect to the sale of 25%,
or 750,000 shares being sold pursuant to this offering at the offering price of $0.10 per share, and after deducting estimated
offering expenses payable by us in the amount of $50,000, our net tangible book value would be approximately $51,042, or $0.011
per share of common stock. This represents an immediate increase in net tangible book value of $0.004 per share of common stock
to existing stockholders and an immediate dilution in net tangible book value of $0.089 per share, or 89% per share,&nbsp;to new
investors purchasing the shares in this offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The following table illustrates this per
share dilution if 25%, or 750,000 shares are sold:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 90%; font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>&nbsp;<B>Offering ($0.10)</B></TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 74%">Public offering price per share of common stock</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right">0.100</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>Net tangible book value per common share as of March 31, 2012</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.007</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"></TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Increase in net tangible book value per share attributable to existing stockholders</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.004</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"></TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left">Net tangible book value per share as adjusted after this offering</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.011</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Dilution per share to new investors</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.089</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The following table summarizes the number
and percentage of shares purchased, the amount and percentage of consideration paid, and the average price per share paid by our
existing stockholders and by new investors in this offering, assuming the sale of all of the shares we are offering pursuant to
this prospectus:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 80%; font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Price<BR> Per&nbsp;Share</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Number&nbsp;of<BR> Shares&nbsp;Held</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Percent&nbsp;of<BR> Ownership</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Aggregate<BR> Consideration<BR> Paid</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="width: 48%; text-align: left">Existing stockholders</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right">0.01</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">3,800,000</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">55.88</TD><TD STYLE="width: 1%; text-align: left">%</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right">38,000</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Investors in this offering</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.10</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,000,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">44.12</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">300,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>MARKET FOR OUR COMMON STOCK</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Market Information</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">There is no established public market for
our common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We intend to seek a market maker to file
an application with the Financial Industry Regulatory Authority, Inc., or FINRA, to have our common stock quoted on the Over-the-Counter
Bulletin Board or the OTC Pink market. We will have to satisfy certain criteria in order for our application to be accepted. We
do not currently have a market maker that is willing to participate in this application process, and even if we identify a market
maker, there can be no assurance as to whether we will meet the requisite criteria or that our application will be accepted. Our
common stock may never be quoted on the Over-the-Counter Bulletin Board or the OTC Pink market, or, even if quoted, a liquid or
viable market may not materialize. There can be no assurance that an active trading market for our shares will develop, or, if
developed, that it will be sustained.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We have issued 3,800,000 shares of our common
stock since our inception on November 5, 2010. There are no outstanding options or warrants or securities that are convertible
into shares of common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Holders</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We had 44 holders of record of our common
stock as of May 18, 2012.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Securities Authorized for Issuance under
Equity Compensation Plans</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We have not established any compensation
plans under which equity securities are authorized for issuance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">MANAGEMENT&rsquo;S DISCUSSION AND ANALYSIS
OF<BR>
FINANCIAL CONDITION AND RESULTS OF OPERATIONS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal"><I>The
following discussion of our financial condition and results of operation should be read in conjunction with the financial statements
and related notes that appear elsewhere in this prospectus. This discussion contains forward-looking statements and information
relating to our business that reflect our current views and assumptions with respect to future events and are subject to risks
and uncertainties, including the risks in the section entitled Risk Factors beginning on page 3, that may cause our or our industry&rsquo;s
actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity,
performance or achievements expressed or implied by these forward-looking statements.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal"><I>These
forward-looking statements speak only as of the date of this prospectus. Although we believe that the expectations reflected in
the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, or achievements. Except
as required by applicable law, including the securities laws of the United States, we expressly disclaim any obligation or undertaking
to disseminate any update or revisions of any of the forward-looking statements to reflect any change in our expectations with
regard thereto or to conform these statements to actual results. We are in a developmental stage. We have not generated any revenues
to date. Our entire activity since our inception has been to launch our planned business and prepare for our proposed fundraising
through an offering of our equity securities.</I></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Overview</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We aim to acquire ownership
and other rights to discontinued consumer product brands, with the ultimate goal of reviving these products and commercializing
them, based on an idea that nostalgia for such brands will be a powerful incentive to purchase among the senior population. We
believe that many formerly popular brand names that were discontinued by their parent companies still resonate with the senior
population and if so revived and made available in supermarkets and other retail establishments, would attract this population
and others as consumers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We are a development stage
company and have limited operations. For the period from November 5, 2010 (Inception) to December 31, 2011, we have not generated
any revenue and incurred net losses of $108.00. Due to the &quot;start up&quot; nature of our business, we expect to incur losses
as we expand. To date, our cash flow requirements have been met by an equity financing. If we are unable to successfully sell our
common stock in this offering, generate sufficient profits or otherwise obtain additional funds for our working capital needs,
we may need to cease or curtail operations. Furthermore, there is no assurance the net proceeds from any successful financing arrangement,
including this offering, will be sufficient to cover cash requirements during the initial stages of our operations. For these reasons,
our auditors believe that there is substantial doubt that we will be able to continue as a going concern.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal">We will
be unable to begin our proposed operations unless and until we are able to sell our common stock in this offering. We expect to
receive net proceeds from such sale, assuming the sale of all 3,000,000 shares of common stock we are offering, of approximately
$250,000, which we intend to primarily utilize for the identification, purchase and commercialization of one or more discontinued
consumer product brands, including advertising for such brand or brands, as well as for the other purposes set forth under &quot;Use
of Proceeds&quot; elsewhere in this prospectus. We have not yet identified a particular product or brand to purchase.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal">Our business
plan, which assumes that we will not derive any significant revenues from sales for at least 12 months from the date of this prospectus,
contemplates that the net proceeds that we expect to receive from the sale of all of the shares of common stock we are offering
for sale should be sufficient to sustain our proposed operations for at least 12 months after our receipt of such net proceeds.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Business Activities to Date</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">As of the date of this
prospectus, we have spent time researching our proposed business and identifying potential product acquisitions. Further, we have
registered our website name www.nostalgiafamilybrands.com.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Results of Operations</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">We have not generated
any revenues since our inception on November 5, 2010.&nbsp;During the period from inception to March 31, 2012, our operating expenses
were primarily comprised of general and administrative expenses of $11,958.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Our total assets as
of March 31, 2012 are $26,242, consisting of cash on hand totaling $14,242 and prepaid legal expense of $12,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Known Trends and Uncertainties</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The success of our business
plan is dependent, among other things, on our ability to identify, acquire, commercialize, market and sell discontinued consumer
product brands. Our business will fail if we cannot successfully implement our business plan, or successfully market our planned
product and capabilities. Additionally, if our views on the strength of nostalgia as a driver for sales of consumer products is
erroneous, our financial condition and results of operations would likely suffer. See &ldquo;Risk Factors&ndash;Risks Related to
our Business.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Expenditures</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Assuming all of the shares
being offered by us are sold, resulting in gross proceeds to us of $300,000, we expect to use the proceeds in the priority set
forth below, within the first 12 months after successful completion of this offering and receipt of the funds.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" STYLE="border-collapse: collapse; width: 80%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="width: 87%; text-align: left; padding-bottom: 2.5pt">Proceeds to us</TD><TD STYLE="width: 1%; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="width: 10%; border-bottom: Black 2.5pt double; text-align: right">300,000</TD><TD STYLE="width: 1%; padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Expenses relating to this offering</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">50,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>Expenditures:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 17.1pt">Product acquisitions</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">25,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="padding-left: 17.1pt">Manufacturing</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">100,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 17.1pt">Advertising and marketing</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">75,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="padding-left: 17.1pt">Miscellaneous</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">10,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Working capital and general corporate purposes</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">40,000</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">300,000</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We will need to raise $300,000 from our
offering to complete our projected 12-month plan. If we are not successful in raising this amount, it will impact our ability to
acquire, manufacture and commercialize discontinued consumer product brands. If we are unable to raise the maximum amount being
offered in this offering, we would reduce the number of brands purchased, which would result in less funds needed to be allocated
for manufacturing and advertising, among other expenditures.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Liquidity and Capital Resources</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We are a development stage company with
limited operating history. There is a limited operating history by which to evaluate the likelihood of our success or our ability
to exist as a going concern. To date, we have not generated any revenues. We intend to use the net proceeds received from the sale
of the 3,000,000 shares of common stock pursuant to this offering towards the execution of our business plan. There can be no assurance
that we will sell any of such shares and accordingly we may receive no proceeds from this offering. If any of the above events
happen, we will require additional funding in order to continue operations for the first 12 months. If we do complete the implementation
of our business plan, we may nevertheless not be able to generate sufficient revenues to become profitable, and will likely need
additional funding to continue operations. We may never secure any additional funding necessary to continue our operations. At
the present time, we have not made any arrangements to raise additional funds. If we need additional funds, we may seek to obtain
additional funds through additional private placement(s) of equity or debt. We have no other financing plans at this time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Going Concern Consideration</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The report of our independent registered
accounting firm expresses concern about our ability to continue as a going concern based on the absence an established source of
revenue, recurring losses from operations, and our need for additional financing in order to fund our operations in 2012. Please
see footnote 3 to our December 31, 2011 financial statements for additional information.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Recently Issued Accounting Pronouncements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In January 2010, the FASB issued Accounting
Standards Update No. 2010-06, Improving Disclosures about Fair Value Measurements (&ldquo;ASU No. 2010-06&rdquo;). ASU No. 2010-06
amends FASB ASC Topic 820, to require additional information to be disclosed principally regarding Level 3 measurements and transfers
to and from Level 1 and 2. In addition, enhanced disclosure is required concerning inputs and valuation techniques used to determine
Level 2 and Level 3 measurements. This guidance is generally effective for interim and annual reporting periods beginning after
December 15, 2009; however, requirements to disclose separately purchases, sales, issuances, and settlements in the Level 3 reconciliation
are effective for fiscal years beginning after December 15, 2010 (and for interim periods within such years). The update did not
have a material impact on our results of operations or financial position.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In February 2010, the FASB issued Accounting
Standards Update No. 2010-09, Amendments to Certain Recognition and Disclosure Requirements (&ldquo;ASU No. 2010-09&rdquo;). ASU
No. 2010-09 amends FASB ASC Topic 855-10, Subsequent Events, to remove the requirement for an SEC filer to disclose the date through
which subsequent events have been evaluated in both issued and revised financial statements. This change alleviates potential conflicts
between ASC 855-10 and the SEC&rsquo;s requirements. The update did not have a material impact on our results of operations or
financial position.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In March 2010, the FASB issued Accounting
Standards Update No. 2010-11, which is included in the Codification under ASC 815, Derivatives and Hedging (&ldquo;ASC 815&rdquo;).
This update clarifies the type of embedded credit derivative that is exempt from embedded derivative bifurcation requirements.
Only an embedded credit derivative that is related to the subordination of one financial instrument to another qualifies for the
exemption. This guidance is effective for interim and annual reporting periods beginning January 1, 2010. The adoption of this
standard did not have a material impact on our results of operations or financial position.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In April&nbsp;2010, the FASB issued ASU
No.&nbsp;2010-13, <I>Effect of Denominating the Exercise Price of a Share-Based Payment Award in the Currency of the Market in
Which the Underlying Equity Security Trades</I> (&ldquo;ASU 2010-13&rdquo;). ASU 2010-13 addresses the classification of a share-based
payment award with an exercise price denominated in the currency of a market in which the underlying equity security trades. FASB
ASC Topic 718 was amended to clarify that a share-based payment award with an exercise price denominated in the currency of a market
in which a substantial portion of the entity&rsquo;s equity securities trade shall not be considered to contain a market, performance
or service condition. Therefore, such an award is not to be classified as a liability if it otherwise qualifies for equity classification.
The amendments in ASU 2010-13 are effective for fiscal years, and interim periods within those fiscal years, beginning on or after
December&nbsp;15, 2010, with early application permitted. We do not believe that the adoption of this standard will have a material
impact on our results of operations or financial position.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In December 2010, the FASB issued ASU No.
2010-28,<I> When to Perform Step 2 of the Goodwill Impairment Test for Reporting Units with Zero or Negative Carrying Amounts </I>(&ldquo;ASU
2010-28&rdquo;). ASU 2010-28 modifies Step 1 of the goodwill impairment test for reporting units with zero or negative carrying
amounts. This eliminates an entity&rsquo;s ability to assert that a reporting unit is not required to perform Step 2 because the
carrying amount of the reporting unit is zero or negative despite the existence of qualitative factors that indicate the goodwill
is more likely than not impaired. ASU 2010-28 is effective for fiscal and interim periods beginning after December 15, 2010. We
do not believe that the adoption of this standard will have a material impact on our results of operations or financial position.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In December 2010, the FASB issued ASU No.
2010-29,<I> Disclosure of Supplementary Pro Forma Information for Business Combinations</I> (&ldquo;ASU 2010-29&rdquo;). ASU 2010-29
specifies that if a public entity presents comparative financial statements, the entity should disclose revenue and earnings of
the combined entity as though the business combination that occurred during the current year had occurred as of the beginning of
the comparable prior annual reporting period only. ASU 2010-29 is effective prospectively for business combinations for which the
acquisition date is on or after the beginning of the first annual reporting period beginning on or after December 15, 2010. We
do not believe that the adoption of this standard will have a material impact on our results of operations or financial position.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In May 2011, the FASB issued ASU No. 2011-04,
<I>Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S.GAAP and IFRSs</I> (&ldquo;ASU 2011-04&rdquo;)
that provides clarification about the application of existing fair value measurements and disclosure requirements and expands certain
other disclosure requirements. ASU 2011-04 amends U.S. GAAP to provide common fair value measurements and disclosure requirements
with International Financial Reporting Standards. The amendments in this ASU are effective prospectively for interim and annual
periods beginning after December 15, 2011, with no early adoption permitted. We do not believe that the adoption of this standard
will have a material impact on our results of operations or financial position.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In June 2011, the FASB issued ASU No. 2011-05,
<I>Presentation of Comprehensive Income</I> (&ldquo;ASU No. 2011-05&rdquo;) that improves the comparability, consistency, and transparency
of financial reporting and increases the prominence of items reported in other comprehensive income by eliminating the option to
present components of other comprehensive income as part of the statement of changes in stockholders&rsquo; equity. ASU No. 2011-05
requires that all non-owner changes in stockholders&rsquo; equity be presented either in a single continuous statement of comprehensive
income or in two separate but consecutive statements. In both methods, the entity is required to present on the face of the financial
statements reclassification adjustments for items that are reclassified from other comprehensive income to net income in the statement(s)
where the component of net income and the components of other comprehensive income are presented. ASU No. 2011-05 is effective
for fiscal years, and interim periods within those years, beginning after December 15, 2011 and is to be applied retrospectively,
with early adoption permitted. We do not believe that the adoption of this standard will have a material impact on our results
of operations or financial position.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In September 2011, the FASB issued ASU No.
2011-08, Testing Goodwill for Impairment (&ldquo;ASU 2011-08&rdquo;) that permits an entity to first assess qualitative factors
to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis
for determining whether it is necessary to perform the required annual goodwill impairment test. The ASU 2011-08 is effective for
annual and interim goodwill impairment tests performed for fiscal years beginning after December 15, 2011; however, early adoption
is permitted. We do not believe that the adoption of this standard will have a material impact on our results of operations or
financial position.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Off-Balance Sheet Arrangements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">We have no off-balance
sheet arrangements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">PROPOSED BUSINESS</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Overview</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We were formed on November
5, 2010. We aim to acquire ownership and other rights to discontinued consumer product brands, with the ultimate goal of reviving
these products and commercializing them, based on an idea that nostalgia for such brands will be a powerful incentive to purchase
among the 55 and over population, which we refer to in this prospectus as the senior population. We believe that many formerly
popular brand names that were discontinued by their parent company still resonate with the senior population and if so revived
and made available in supermarkets and other retail establishments, would attract this population and others as consumers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We believe that as a person
ages, he or she often feels left behind and tends to remember the &ldquo;good old days&rdquo; when life was simpler. We believe
we can tap into these feelings and use it as a trigger for purchasing decisions, as studies have shown that seniors miss their
youth and many of the products which they used during childhood that are no longer available. According to a December 2010 study
from Arizona State University&rsquo;s W.P. Carey School of Business, a significant number of the senior population miss the life
they led as children and younger adults, and many of the products which they used during that time and which are no longer available.
We believe that the combination of familiarity and positive associations linger as a person ages, and we intend to build on these
associations to revive a retail presence for one or more discontinued consumer product brands that at one time was widely recognized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We are a development stage
company and have limited operations. For the period from November 5, 2010 (Inception) to March 31, 2012, we have not generated
any revenue and incurred net losses of $11,958. Due to the &quot;start up&quot; nature of our business, we expect to incur losses
as we expand. To date, our cash flow requirements have been met by an equity financing. If we are unable to successfully sell our
common stock in this offering, generate sufficient profits or otherwise obtain additional funds for our working capital needs,
we may need to cease or curtail operations. Furthermore, there is no assurance the net proceeds from any successful financing arrangement,
including this offering, will be sufficient to cover cash requirements during the initial stages of our operations. For these reasons,
our auditors believe that there is substantial doubt that we will be able to continue as a going concern.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Proposed Products</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We intend to target for
purchase the intellectual property and other rights to discontinued consumer product brands. We consider a product to be discontinued
if it is no longer available at traditional retail levels such as at groceries and drug stores, or on the internet.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We do not currently have
any products for sale or own any brand names to commercialize in accordance with our business plan. To date, we have researched
over 100 discontinued products and have our focus on 20 of these products in three categories of consumer products: candy, food
other than candy, and personal products, as follows:</P>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-align: left; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left"><I>Candy</I>. Bit-O-Licorice, Big Yank, Old Nick and Hollywood candy bars.</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-align: left; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left"><I>Food Other Than Candy</I>. Amazo Instant Dessert, Ballard Cornbread Mix, Cocomalt, Hydrox Cookies,
Krumbles Cereal, Ann Page Pork and Beans, Pep Cereal, Puffa Puffa Rice Cereal and Van Camp&rsquo;s Chili Con Carne.</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-align: left; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left"><I>Personal Products</I>. Calox Tooth Powder, Chipso Laundry Soap, Forhans for the Gums, Rapid Shave,
Shower Mate, Stopette Deodorant and Sun &lsquo;N&rsquo; Surf.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">We can give no assurance that we will be successful
in acquiring rights to any of the above targeted products or any other discontinued products. We do not believe that any of our
targeted products are available on the internet or at the retail level.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Upon raising funds in
this offering, of which we can give no assurance, we intend to acquire at least one product from each category, depending on the
amount of funds raised and the asking price for the rights to those products. Some of these product brands we intend to target
for acquisition are in public domain while the rights to others are still owned by companies from whom we would endeavor to acquire
the manufacturing and distribution rights, either on a royalty basis or outright purchase.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Demographics</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">According to our research:</P>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 0.75in; text-align: left; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">An estimated 55 million people in the United States are over the age of 55. We believe this large
and growing segment of the population are a viable demographic market, with more financial resources and an increasing awareness
of their power as consumers. Accordingly to George Moschis, Director of Georgia&rsquo;s State Center for Mature Consumer Studies,
by 2020, the senior population is expected to number approximately 115 million.</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 0.75in; text-align: left; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">The number of U.S. persons age 65 and over in 2010 was estimated at 43 million persons according to
the World Factbook (2010 Edition), approximately 13% of the nation&rsquo;s total, and greater than the populations of more than
200 of the world&rsquo;s countries (GeoHive.com-2010). It is estimated that U.S. persons age 65 and over may increase in size by
40% by 2017.</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 0.75in; text-align: left; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">The senior population controls in excess of three-fourths of the United States&rsquo; wealth, and
the 65 and over age group - a subset of the senior population - has twice as much per capita income as the average baby boomer
(George Moschis, Director of Georgia&rsquo;s State Center for Mature Consumer Studies).</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 0.75in; text-align: left; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">The senior population possesses over $900 billion in spending money, and nearly a quarter of householders
aged 65 to 69 have a net worth of $250,000 or more (George Moschis, Director of Georgia&rsquo;s State Center for Mature Consumer
Studies).</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 0.75in; text-align: left; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">Only 31% of members of the 65 and over age group use the internet, according to the 2004 Pew Research
Center&rsquo;s Internet and American Life Project, which was updated in August 2010. The study found that many seniors do not find
the internet to be relevant to their lives (48%), are uncomfortable with computers (60%) and are not interest in going on-line
(90%).</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The most recently available
U.S. government statistics, from 2005, show that Florida has the highest population of people aged 65 and over, followed by Pennsylvania,
West Virginia, North Dakota, Georgia, Alabama and Mississippi. According to the report from the 2006 Federal Interagency report
on aging, 32 states had a proportion of older people that equaled or exceeded the national proportion of 13 percent. Florida had
the highest proportion of older people (16.7 percent), followed by West Virginia and Pennsylvania (14.9 percent and 14.8 percent,
respectively). Numerically, California had the largest older population (3.6 million). Florida and New York ranked second and third
with 2.8 million and 2.3 million, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Marketing, Advertising and Distribution</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We plan to market our
planned product brands using a mix of radio and print media advertising. Advertising on radio is expected to commence in the areas
most concentrated with a senior population. Our website will not initially offer our products for sale, but rather will direct
potential consumers to area retail outlets carrying our products.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We also intend to purchase
advertising space with shares of our common stock, as well as cash, for particular regions of major weekend supplements, such as
Parade and USA Weekend, to specifically target our market and advise the senior population that their favorite brands are once
again available at retail stores in their area. We believe that advertising can be purchased for cash or stock with little or no
lead time at substantial discounts from prevailing market prices for &ldquo;remainders&rdquo; &ndash; sections of a national run
by these and other publications when not sold by print time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We expect that if and
when demand is created through our advertising campaigns, it will be easier to retain independent manufacturer&rsquo;s representatives
to sell our products to regional buyers at independent retailers, and retailers will be more likely to stock our products as a
result of advertising-generated demand. These independent representatives also obviate the need for us to have sales personnel
on our payroll, thus keeping our labor costs down. We expect independent representatives would charge us a fee of between 5% and
15% of any sales brokered by them, with potential bonuses for hitting pre-determined sales levels.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">We intend to ultimately
sell our products primarily in the mass market retail channel in all 50 states, including to supermarket chains, drug stores, gas
station marts, mass merchandisers and warehouse clubs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><B>Production</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We expect that all product
production would initially be out-sourced to third-party manufacturers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Competition</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Our proposed business
is subject to significant competition. The food and consumer products industry is fragmented, highly competitive and is dominated
by large multinational companies including among others Nestle, Kraft Foods, Mars, Proctor &amp; Gamble and Unilever, as well as
smaller competitors, many of whom have already established their brand name recognition in our proposed markets. Additionally,
many of our competitors have significantly larger marketing personnel and cash resources than we have. Moreover, competition for
shelf space in grocery stores and other retail outlets is intense and poses great difficulty for smaller food and consumer product
companies and distributors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We intend to offer distinctive
products, which address specific consumer needs. We will target the senior population where nostalgia is expected to be a strong
motivator for purchases. However, these efforts will not guarantee that we will be competitive or that our business plan will be
successful. Further, we intend to compete with other companies that see the value of reintroducing discontinued product brands;
however, we believe that this market is small enough for us to compete.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We believe that competition
is based principally upon availability, price, quality and efficacy of products, customer service, brand name and marketing and
trade support, and successful new product introductions.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Intellectual Property</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We do not own any intellectual
property. As part of our acquisition strategy, we will endeavor to purchase all relevant trademarks, trade names, trade secrets
and other intellectual property of the consumer product brands we are targeting.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Research and Development Activities</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal">Other
than time spent researching our proposed business and identifying potential product acquisitions, we have not spent any funds on
research and development activities to date. We do not currently plan to spend any material funds on research and development activities
in the future.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Employees</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal">We do
not presently have any employees other than our executive officers, neither of whom are expected to be full-time employees. Our
officers are responsible for all planning, developing and operational duties, and will continue to do so throughout the early stages
of our growth. We have no intention of hiring employees until our business has been successfully launched and we have sufficient,
reliable revenue from our operations, which is not expected for at least the next 12 months.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal">We intend
to retain independent manufacturer&rsquo;s representations to seek buyers of our products, once available. We have not yet identified
any such independent representatives.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Properties</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal">We do
not own interests in any real property. We currently operate from our office located in Atlantic Highlands, New Jersey.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal">We believe
our properties are in good operating condition and adequately serve our current business operations. We also anticipate suitable
additional or alternative space will be available at commercially reasonable terms of future expansion to the extent necessary.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Legal Proceedings</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Currently, there are no legal proceedings
pending or to our knowledge threatened against us.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">MANAGEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal">Set forth
below is a list of the names, ages and positions of our executive officers and sole director. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 38%; border-bottom: windowtext 1pt solid; font-weight: bold; text-align: center">Name</TD>
    <TD STYLE="width: 2%; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: windowtext 1pt solid; font-weight: bold; text-align: center">Age</TD>
    <TD STYLE="width: 2%; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 50%; border-bottom: windowtext 1pt solid; font-weight: bold; text-align: center">Position(s)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>William P. McDermitt</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">83</TD>
    <TD>&nbsp;</TD>
    <TD>Chief Executive Officer, President and Director</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Edward O&rsquo;Donnell</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">46</TD>
    <TD>&nbsp;</TD>
    <TD>Vice President, Chief Financial Officer and Secretary</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Biographies of Executive Officers and Sole Director</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in"><B>William P. McDermitt</B>
has had a long and varied career in marketing and advertising of food and personal products, starting as a sales representative
in 1953 for Proctor &amp; Gamble selling case foods to supermarket chains. He has held positions since then at the Drug Research
Corporation selling drug products to wholesalers and chain drug stores in 11 western states, from 1957 to 1959; Young &amp; Rubicam
Advertising Agency as an account manager of personal products and baby products for Johnson &amp; Johnson, from 1960 to 1969; and
with consumer magazines in advertising sales management positions including The New York Times Magazine, Ladies&rsquo; Home Journal
and McCall&rsquo;s, selling major corporations on advertising their brands in the publications, from 1970 to 1997. Accounts have
included General Foods, Johnson &amp; Johnson, Bristol Myers, S.C. Johnson Co. and General Mills. Since stepping down from his
sales management position at McCall&rsquo;s Magazine in 1997, Mr. McDermitt has been active as a volunteer at Riverview Hospital
in Red Bank, New Jersey. Mr. McDermitt has a B.S. in Marketing from the New York University School of Commerce.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in"><B>Edward O&rsquo;Donnell</B>
has been Vice President, Finance, of Augme Technologies, Inc., a mobile marketing and technology company, since December 2010.
Prior to that, until November 2010, he was the Secretary and Chief Financial Officer of Carlyle Capital Group. Prior to that, he
was the Senior Vice President of Finance &amp; Investor Relations at ACTV, Inc. a digital media company prior to its acquisition
by Liberty Media. He has provided financial and modeling expertise for many innovative projects from development stage through
deployment and has implemented systems and controls that lead to accurate and timely financial results. Mr. O&rsquo;Donnell is
a member of the New York State and American Institute of Certified Public Accountant, holds a B. S. Degree in accounting from Villanova
University, and in 2003 received an M.B.A. Degree from Columbia University Business School.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Board Composition</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Our Bylaws provide that
the Board of Directors shall consist of at least one member, and that our stockholders shall determine the number of directors
from time to time. Each director serves for a term that expires until the next annual meeting of stockholders and until his successor
shall have been elected and qualified, or until his earlier resignation, removal from office, or death.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Committees of the Board of Directors</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We do not presently have
a separately constituted audit committee, compensation committee, nominating committee, executive committee or any other committees
of our Board of Directors. Nor do we have an audit committee &ldquo;financial expert.&rdquo; As such, our Board of Directors acts
as our audit committee and handles matters related to compensation and nominations of directors.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Director Independence</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We are not subject to
listing requirements of any national securities exchange or national securities association and, as a result, we are not at this
time required to have our board comprised of a majority of &ldquo;independent directors.&rdquo; Our determination of independence
of directors is made using the definition of &ldquo;independent director&rdquo; contained in Rule 4200(a)(15) of the Marketplace
Rules of the Nasdaq Stock Market, even though such definition does not currently apply to us because we are not listed on Nasdaq.
Under this definition, our sole director is not independent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Involvement in Certain Legal Proceedings</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">No director, person nominated
to become a director, executive officer, promoter or control person of our company has, during the last five years: (i) been convicted
in or is currently subject to a pending a criminal proceeding (excluding traffic violations and other minor offenses); (ii) been
a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding
was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject
to any federal or state securities or banking or commodities laws including, without limitation, in any way limiting involvement
in any business activity, or finding any violation with respect to such law, nor (iii) any bankruptcy petition been filed by or
against the business of which such person was an executive officer or a general partner, whether at the time of the bankruptcy
or for the two years prior thereto.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Stockholder Communications with the Board</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We have not implemented
a formal policy or procedure by which our stockholders can communicate directly with our Board of Directors. Nevertheless, every
effort will be made to ensure that the views of stockholders are heard by our Board of Directors, and that appropriate responses
are provided to stockholders in a timely manner. During the upcoming year, our Board will continue to monitor whether it would
be appropriate to adopt such a process.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Compensation Committee Interlocks and Insider Participation</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">None of our executive
officers serves as a member of the board of directors or compensation committee, or other committee serving an equivalent function,
of any entity that has one or more of its executive officers serving as a member of our board of directors. We do not have a compensation
committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">EXECUTIVE COMPENSATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We have not paid our officers
since our inception, nor do we owe, any compensation to our officers. We have not entered into any arrangements or employment agreements
with either of Messrs. McDermitt or O&rsquo;Donnell pursuant to which either of them will be compensated now, or in the future
for any services provided to us as an executive officer, and we do not anticipate entering into any such arrangements or agreements
unless we become profitable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We do not currently have
a stock option plan or any long-term incentive plans that provide compensation intended to serve as an incentive for performance.
No individual grants of stock options or other equity incentive awards have been made to our officers and sole director since our
inception.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">There are currently no
employments or other contracts or arrangements with our officers. There are no compensation plans or arrangements, including payments
to be made by us, with respect to our sole officer that would result from the resignation, retirement or any other termination
of such person from us. There are no arrangements for our sole officer that would result from a change-in-control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We have not compensated
our sole director for his service on our Board of Directors since our inception. There are no arrangements pursuant to which directors
will be compensated in the future for any services provided as a director.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">CERTAIN RELATIONSHIPS AND RELATED PARTY
TRANSACTIONS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We have not entered into
any other transaction, nor are there any proposed transactions, in which our executive officers and our sole director, or any significant
stockholder, or any member of the immediate family of any of the foregoing, had or is to have a direct or indirect material interest.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">PRINCIPAL STOCKHOLDERS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The following table sets
forth information regarding the beneficial ownership of our capital stock as of May 18, 2012 with respect to:</P>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-align: left; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">each person known to us to own beneficially more than 5% of any class of our outstanding shares;</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-align: left; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">each of our named executive officers;</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-align: left; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">our sole director; and</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-align: left; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">our sole director and all of our executive officers as a group.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">In accordance with the
rules and regulations of the SEC, beneficial ownership includes voting or investment power with respect to securities. We do not
have any stock options or other securities convertible or exercisable into our common stock.&nbsp;To our knowledge, except pursuant
to applicable community property laws, the persons named in the table have sole voting and investment power with respect to all
shares of our common stock. The address for each stockholder listed below is c/o Nostalgia Family Brands, Inc., 20 Pape Drive,
Atlantic Highlands, New Jersey 07716.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: center; padding-bottom: 1pt">Beneficial&nbsp;Owner</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Number&nbsp;of&nbsp;Shares<BR> Beneficially&nbsp;Owned</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Percent&nbsp;of&nbsp;Shares<BR> Beneficially&nbsp;Owned</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="width: 64%; text-align: left">William P. McDermitt</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 15%; text-align: right">500,000</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 15%; text-align: right">13.16</TD><TD STYLE="width: 1%; text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Edward O&rsquo;Donnell</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">100,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2.63</TD><TD STYLE="text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left">All executive officers and sole director as a group (2 people)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">600,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">15.79</TD><TD STYLE="text-align: left">%</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in"><FONT STYLE="font-weight: normal">Messrs.
McDermitt and O&rsquo;Donnell may be deemed to be our &ldquo;parents&rdquo; and &ldquo;promoters&rdquo;, as such terms are defined
under the federal securities laws. Mr. McDermitt has from time to time, and may in the future, consult with Mr. Edward Downe -
a former employer of Mr. McDermitt - on business and marketing matters with respect to our company. There is no agreement between
Mr. Downe and our company and at no time has Mr. Downe received any compensation or value for providing such advice; however, he
may be deemed to be a &ldquo;promoter&rdquo; under the federal securities laws.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">DESCRIPTION OF CAPITAL STOCK</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">General</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The following summary
describes the material terms of our capital stock. However, you should refer to the actual terms of the capital stock contained
in our amended and restated certificate of incorporation, amended and restated bylaws and applicable law. We intend to amend and
restate our certificate of incorporation and bylaws prior to consummation of this offering. A copy of our amended and restated
certificate of incorporation and amended and restated bylaws will be filed as exhibits to the Registration Statement of which this
prospectus is a part.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Our authorized capital
stock consists of 50,000,000 shares of common stock, par value $0.001 per share. Upon the consummation of this offering, assuming
the sale of all of the shares offered pursuant to this prospectus, 6,800,000 shares of common stock will be outstanding. All of
our issued and outstanding shares of capital stock are, and the shares of capital stock to be issued in this offering will be,
validly issued, fully paid and nonassessable.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Common Stock</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The holders of our common
stock are entitled to one vote for each share held of record on all matters submitted to a vote of stockholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The holders of our common
stock are entitled to receive dividends, if declared by our board of directors, out of funds legally available therefor, subject
to any statutory or contractual restrictions on the payment of dividends.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The holders of our common
stock do not have preemptive, subscription, redemption or conversion rights.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Voting</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Generally, all matters
to be voted on by stockholders must be approved by a majority of the votes entitled to be cast by all shares of common stock.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Anti-Takeover Effects of Provisions of Delaware Law</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We are subject to Section&nbsp;203
of the Delaware General Corporation Law. In general, Section&nbsp;203 prohibits a publicly held Delaware corporation from engaging
in a business combination with an interested stockholder for a period of three years following the date the person became an interested
stockholder, unless the business combination or the transaction in which the person became an interested stockholder is approved
in a prescribed manner. Generally, a business combination includes a merger, asset or stock sale, or other transaction resulting
in a financial benefit to the interested stockholder. An interested stockholder is a person who, together with affiliates and associates,
owns or, in the case of affiliates or associates of the corporation, within three years prior to the determination of interested
stockholder status, owned 15% or more of a corporation&rsquo;s voting stock. The existence of this provision could have anti-takeover
effects with respect to transactions not approved in advance by our board of directors, such as discouraging takeover attempts
that might result in a premium over the market price of our common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Stockholders will not
be entitled to cumulative voting in the election of directors. The foregoing provisions of the Delaware General Corporation Law
may have the effect of deterring or discouraging hostile takeovers or delaying changes in control of our company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Charter and Bylaws Anti-Takeover Provisions</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Our bylaws require that
any action required or permitted to be taken by our stockholders must be effected at a duly called annual or special meeting of
stockholders and may not be effected by a consent in writing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Our bylaws establish an
advance notice procedure for stockholders to bring matters before special stockholder meetings, including proposed nominations
of persons for election to our board of directors. These procedures specify the information stockholders must include in their
notice and the timeframe in which they must give us notice. At a special stockholder meeting, stockholders may only consider nominations
or proposals specified in the notice of meeting. A special stockholder meeting for any purpose may only be called by our board
of directors or our chief executive officer, and will be called by our chief executive officer at the request of the holders of
a majority of our outstanding shares of capital stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Our bylaws do not give
the board of directors the power to approve or disapprove stockholder nominations of candidates or proposals regarding other business
to be conducted at a meeting. However, our bylaws may have the effect of precluding the conduct of that item of business at a meeting
if the proper procedures are not followed. These provisions may discourage or deter a potential third party from conducting a solicitation
of proxies to elect its own slate of directors or otherwise attempting to obtain control of our company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The foregoing provisions
of our certificate of incorporation, our bylaws and the Delaware General Corporation Law may have the effect of deterring or discouraging
hostile takeovers or delaying changes in control of the company.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Limitation on Liability and Indemnification of Directors
and Officers</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Our bylaws limit our directors&rsquo;
and officers&rsquo; liability to the fullest extent permitted under Delaware corporate law. Specifically, our directors and officers
will not be liable to us or our stockholders for monetary damages for any breach of fiduciary duty by a director or officer, except
for liability:</P>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>for any breach of the director&rsquo;s or officer&rsquo;s duty of loyalty to us or our stockholders;</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law;</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>under Section&nbsp;174 of the Delaware General Corporation Law; or</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>for any transaction from which a director or officer derives an improper personal benefit.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">If the Delaware General
Corporation Law is amended to authorize corporate action further eliminating or limiting the personal liability of directors or
officers, then the liability of a director or officer of the Company shall be eliminated or limited to the fullest extent permitted
by the Delaware General Corporation Law, as so amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The provision regarding
indemnification of our directors and officers in our bylaws will generally not limit liability under state or federal securities
laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Delaware law and our bylaws
provide that we will, in certain situations, indemnify any person made or threatened to be made a party to a proceeding by reason
of that person&rsquo;s former or present official capacity with our company against judgments, penalties, fines, settlements and
reasonable expenses including reasonable attorney&rsquo;s fees. Any person is also entitled, subject to certain limitations, to
payment or reimbursement of reasonable expenses in advance of the final disposition of the proceeding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The limitation of liability
and indemnification provisions in our bylaws may discourage stockholders from bringing a lawsuit against directors for breach of
their fiduciary duty. These provisions may also have the effect of reducing the likelihood of derivative litigation against directors
and officers, even though such an action, if successful, might otherwise benefit us and our stockholders. In addition, your investment
may be adversely affected to the extent that, in a class action or direct suit, we pay the costs of settlement and damage awards
against directors and officers pursuant to these indemnification provisions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Transfer Agent</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We have not engaged a
transfer agent to serve as such for shares of our common stock. We intend to retain a transfer agent as soon as practicable following
the effectiveness of the registration statement of which this prospectus forms a part and the successful sale of the common stock
offered pursuant to this prospectus. Until we engage such a transfer agent, we will be responsible for all record-keeping and administrative
functions in connection with the shares of our common stock. Our officers do not have any experience acting as a transfer agent
for publicly traded securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">PLAN OF DISTRIBUTION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Upon effectiveness of
the registration statement of which this prospectus is a part, we will conduct the sale of 3,000,000 shares we are offering on
a self-underwritten, best-efforts basis. This offering will be conducted on a best-efforts basis utilizing the efforts of our officers
and sole director. There is no public market for our common stock. To date, we have not obtained listing or quotation of our securities
on a national stock exchange or association, or inter-dealer quotation system. We have not identified any market makers with regard
to assisting us to apply for such quotation. We are unable to estimate when we expect to undertake this endeavor or whether we
will be successful. In the absence of listing, no market is available for investors in our common stock to sell the shares offered
herein. We cannot guarantee that a meaningful trading market will develop or that we will be able to get the shares listed for
trading.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">If the shares ever become
tradable, the trading price of such could be subject to wide fluctuations in response to various events or factors, many of which
are beyond our control. As a result, investors may be unable to sell the shares at a price greater than the price at which they
are being offered. We do not anticipate entering into any agreements or arrangements for the sale of the shares with any broker/dealer
or sales agent. However, if we were to enter into such arrangements, we will file a post effective amendment to disclose those
arrangements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We will not be conducting
a mass-mailing in connection with this offering, nor will we use the Internet to conduct this offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Our Chief Executive Officer
and sole director, William McDermitt, is not subject to a statutory disqualification as such term is defined in Section 3(a)(39)
of the Securities Exchange Act of 1934. He will rely on Rule 3a4-1 to sell our securities without registering as a broker-dealer.
Mr. McDermitt serves as our Chief Executive Officer and primarily perform substantial duties for or on our behalf otherwise than
in connection with transactions in securities and will continue to do so at the end of the offering, and has not been a broker
or dealer, or an associated person of a broker or dealer, within the preceding 12 months, and has not nor will not participate
in the sale of securities for any issuer more than once every 12 months. He will not receive commissions in connection with her
participation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We plan to offer our shares
to the public at a fixed price of $0.10 per share, with no minimum amount required to be sold. Our officers and sole director will
not purchase any shares in this offering. Investors can purchase the shares in this offering by contacting us. We accept payments
for the shares in the form of either cash payments made in United States currency either by personal check, bank draft, or cashier&rsquo;s
check. We expressly reserve the right to either accept or reject any subscription. All accepted subscription agreements are irrevocable.
Any subscription rejected will be returned to the subscriber within five business days of the rejection date. Furthermore, once
a subscription agreement is accepted, it will be executed without reconfirmation to or from the subscriber. We will keep the offering
of 3,000,000 shares of common stock open until we sell all of the shares registered, or for ninety days from the date of this offering,
whichever occurs first. The Board of Directors may also elect to extend the offering for up to a further ninety days, if all shares
have not been sold by the end of the initial ninety day period. There can be no assurance that we will sell all or any of the shares
offered. We have no arrangement nor can we guarantee that we will sell any shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">In order to comply with
the applicable securities laws of certain states, the securities may not be offered or sold unless they have been registered or
qualified for sale in such states or an exemption from such registration or qualification requirement is available and with which
we have complied. The purchasers in this offering and in any subsequent trading market must be residents of such states where the
shares have been registered or qualified for sale or an exemption from such registration or qualification requirement is available.
As of this date, we intend to offer our common stock upon effectiveness of this prospectus in New York.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We are bearing the expenses
of the registration of the shares, including legal and accounting fees, and such expenses are estimated to be approximately $50,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Transfer of our common
stock may be restricted under the securities regulations or laws promulgated by various states and foreign jurisdictions, commonly
referred to as &ldquo;Blue Sky&rdquo; laws. Absent compliance with such individual state laws, our common stock may not be traded
in such jurisdictions. Because the securities registered hereunder have not been registered for resale under the Blue Sky laws
of any state, the holders of such shares and persons who desire to purchase them in any trading market that might develop in the
future, should be aware that there may be significant state Blue-Sky law restrictions upon the ability of investors to sell the
securities and of purchasers to purchase the securities. Accordingly, investors may not be able to liquidate their investments
and should be prepared to hold the shares of our common stock for an indefinite period of time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">LEGAL MATTERS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The validity of the common
stock offered hereby will be passed upon for us by Herrick, Feinstein LLP, New York, New York.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">EXPERTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The financial statements
included in this prospectus have been so included in reliance on the report(s) of L.L. Bradford &amp; Company, LLC, an independent
registered public accounting firm, given on the authority of said firm as experts in auditing and accounting.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">WHERE YOU CAN FIND ADDITIONAL INFORMATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We have filed with the
SEC under the Securities Act, a registration statement on Form&nbsp;S-1 relating to the common stock to be sold in this offering.
The registration statement, including the attached exhibits and schedules, contains additional relevant information about us and
our capital stock. This prospectus does not contain all of the information set forth in the registration statement and the exhibits
and schedules thereto. For further information about us and our common stock, you should refer to the registration statement, including
the exhibits and schedules thereto. Statements contained in this prospectus as to the contents of any contract or other document
referred to are not necessarily complete and in each instance, if such contract or document is filed as an exhibit, reference is
made to the copy of such contract or other document filed as an exhibit to the registration statement, each statement being qualified
in all respects by such reference. You may inspect a copy of the registration statement and the exhibits and schedules thereto
without charge at the Public Reference Room of the SEC at 100&nbsp;F&nbsp;Street, N.E., Washington,&nbsp;D.C. 20549. You may obtain
copies of all or any part of the registration statement from such office at prescribed rates. You may also obtain information on
the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330. In addition, the SEC maintains an Internet website,
which is located at http://www.sec.gov, that contains reports, proxy and information statements and other information regarding
issuers that file electronically with the SEC. You may access the registration statement, of which this prospectus is a part, at
the SEC&rsquo;s Internet website.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">INDEX TO FINANCIAL STATEMENTS&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>



<P STYLE="margin: 0"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 90%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 10%; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top">Report of Independent Registered Public Accounting Firm&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">F-2</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top">Financial Statements</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; padding-left: 0.25in">Balance Sheets as of December 31, 2011 and 2010</TD>
    <TD STYLE="vertical-align: bottom">F-3</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 0.25in">Statements of Operations for the year ended December 31, 2011, the period November 5, 2010 (inception) to December 31, 2010 and November 5, 2010 (inception) to December 31, 2011</TD>
    <TD STYLE="vertical-align: bottom">F-4</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; padding-left: 0.25in">Statements of Cash Flows for the year ended December 31, 2011, the period November 5, 2010 (inception) to December 31, 2010 and the period November 5, 2010 (inception) to December 31, 2011</TD>
    <TD STYLE="vertical-align: bottom">F-5</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 0.25in">Statements of Stockholders&rsquo; Equity for the period November 5, 2010 (inception) to December 31, 2011</TD>
    <TD STYLE="vertical-align: bottom">F-6</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; padding-left: 0.25in">Notes to Financial Statements&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">F-7 - F-11</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; padding-left: 0.25in">Condensed Balance Sheets as of March 30, 2012 (Unaudited) and December 31, 2011</TD>
    <TD STYLE="vertical-align: bottom">F-12</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 0.25in">Condensed Statements of Operations for the three month periods ended March 31, 2012 and March 31, 2011 (Unaudited)</TD>
    <TD STYLE="vertical-align: bottom">F-13</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; padding-left: 0.25in">Condensed Statement of Operations for the period November 5, 2010 (inception) to March 31, 2012 (Unaudited)</TD>
    <TD STYLE="vertical-align: bottom">F-14</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 0.25in">Condensed Statements of Cash Flows for the three month periods ended
    March 31, 2011 and March 31, 2012, and the period November 5, 2010 (inception) through March 31, 2012 (Unaudited)</TD>
    <TD STYLE="vertical-align: bottom">F-15</TD></TR>
<TR STYLE="background-color: rgb(204,255,204)">
    <TD STYLE="vertical-align: top; padding-left: 0.25in">Statements of Stockholders&rsquo; Deficit for the three month period ended March 31, 2012 (Unaudited)</TD>
    <TD STYLE="vertical-align: bottom">F-16</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 0.25in">Notes to Financial Statements (Unaudited)</TD>
    <TD STYLE="vertical-align: bottom">F-17 - F-19</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>REPORT OF INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">To the Board of Directors and<BR>
Stockholders of</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Nostalgia Family Brands, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have audited the accompanying balance sheet of
Nostalgia Family Brands, Inc. (a development stage company) as of December 31, 2011 and 2010, and the related statements of
operations, stockholders&rsquo; equity, and cash flows for the year ended December 31, 2011, and for the period November 5,
2010 (inception) through December 31, 2010, and for the period November 5, 2010 (inception) through December 31, 2011.
Nostalgia Family Brands, Inc.&rsquo;s management is responsible for these financial statements. Our responsibility is to express an
opinion on these financial statements based on our audits.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We conducted our audits in accordance with the standards of the
Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material misstatement. The company is not required to have,
nor were we engaged to perform, an audit of its internal control over financial reporting. Our audits included consideration of
internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances,
but not for the purpose of expressing an opinion on the effectiveness of the company&rsquo;s internal control over financial reporting.
Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management,
as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our
opinion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In our opinion, the financial statements referred to above present
fairly, in all material respects, the financial position of Nostalgia Family Brands, Inc. (a development stage company) as of December
31, 2011 and 2010, and the results of its operations and its cash flows for the year ended December 31,
2011, the period November 5, 2010 (inception) through December 31, 2010, and for the period November 5, 2010 (inception) through
December 31, 2011, in conformity with accounting principles generally accepted in the United States of America.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The accompanying financial statements have been prepared assuming
that the Company will continue as a going concern. As discussed in Note 3 to the financial statements, the Company is in the development
stage, and is dependent on raising capital to fund operations. These conditions raise substantial doubt about its ability to continue
as a going concern. Management&rsquo;s plans regarding those matters also are described in Note 3. The financial statements do
not include any adjustments that might result from the outcome of this uncertainty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">/s/ L.L. Bradford &amp; Company, LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Las Vegas, Nevada</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">May 16, 2012</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Nostalgia Family Brands, Inc.&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(A Development Stage Company)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>BALANCE SHEETS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>As of December 31,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2011</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2010</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD><B>ASSETS</B>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left">Current assets</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="width: 74%; padding-bottom: 1pt">Cash</TD><TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 1pt solid; text-align: left">$</TD><TD STYLE="width: 10%; border-bottom: Black 1pt solid; text-align: right">20,592</TD><TD STYLE="width: 1%; padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 1pt solid; text-align: left">$</TD><TD STYLE="width: 10%; border-bottom: Black 1pt solid; text-align: right">0</TD><TD STYLE="width: 1%; padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left; padding-bottom: 1pt">Total current assets</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">20,592</TD><TD STYLE="text-align: left; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">0</TD><TD STYLE="text-align: left; padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total assets</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">20,592</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">0</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left">LIABILITIES AND STOCKHOLDERS&rsquo; EQUITY</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold; text-align: left">Current liabilities:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-bottom: 1pt">Short-term borrowings-related party</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">200</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">0</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold; text-align: left">Total current liabilities</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">200</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left">Commitments and contingencies</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold; text-align: left">Stockholders&rsquo; equity</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Common stock, $0.001 par value, 50,000,000 shares authorized as of December 31, 2011 and 2010 and 2,050,000 and 0 issued and outstanding at December 31, 2011 and 2010, respectively</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,050</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left">Additional paid in capital</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">18,450</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Accumulated deficit</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(108</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">0</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold; text-align: left; padding-bottom: 1pt">Total stockholders' equity</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">20,392</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">0</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total liabilities and stockholders' equity</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">20,592</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">0</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">The accompanying notes are an integral part
of these financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<!-- Field: Page; Sequence: 37; Value: 1 -->
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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Nostalgia Family Brands, Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;(A Development Stage Company)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>STATEMENTS OF OPERATIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>For the year ended December 31, 2011,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>the period November 5, 2010 (inception)
to December 31, 2010</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>and November 5, 2010 (inception) to December
31, 2011</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">For&nbsp;the&nbsp;year <BR> ended <BR>December&nbsp;31,&nbsp;2011</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">For&nbsp;the&nbsp;period <BR>November&nbsp;5,&nbsp;2010 <BR>(inception)&nbsp;to <BR>December&nbsp;31,&nbsp;2010</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Period&nbsp;from <BR>inception <BR>(November&nbsp;5, <BR>2010)&nbsp;to&nbsp;December <BR>31,&nbsp;2011</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="width: 43%; font-weight: bold">Revenues</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 16%; text-align: right">&mdash;</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 16%; text-align: right">&mdash;</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 16%; text-align: right">&mdash;</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold">Pre-operating expenses</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">General &amp; administrative</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">108</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">108</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Total pre-operating expenses</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">108</TD><TD STYLE="text-align: left; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&mdash;</TD><TD STYLE="text-align: left; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">108</TD><TD STYLE="text-align: left; padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Pre-operating loss&nbsp;before income taxes</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(108</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left"></TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">(108</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Provision for income tax&nbsp; &nbsp; </TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&mdash;</TD><TD STYLE="text-align: left; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&mdash;</TD><TD STYLE="text-align: left; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="color: #4F81BD; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="color: #4F81BD; font-weight: bold; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="color: #4F81BD; font-weight: bold; text-align: right; border-bottom: Black 1pt solid">&mdash;</TD><TD STYLE="color: #4F81BD; font-weight: bold; text-align: left; padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Net loss</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2.5pt double">$</TD><TD STYLE="text-align: right; border-bottom: Black 2.5pt double">(108</TD><TD STYLE="text-align: left; padding-bottom: 2.5pt">)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2.5pt double">$</TD><TD STYLE="text-align: right; border-bottom: Black 2.5pt double">&mdash;</TD><TD STYLE="text-align: left; padding-bottom: 2.5pt"></TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2.5pt double">$</TD><TD STYLE="text-align: right; border-bottom: Black 2.5pt double">(108</TD><TD STYLE="text-align: left; padding-bottom: 2.5pt">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 2.5pt"><B>Basic and diluted net loss per common share</B>&nbsp; &nbsp; &nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2.5pt double">$</TD><TD STYLE="text-align: right; border-bottom: Black 2.5pt double">(0.001</TD><TD STYLE="text-align: left; padding-bottom: 2.5pt">)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2.5pt double">$</TD><TD STYLE="text-align: right; border-bottom: Black 2.5pt double">&mdash;</TD><TD STYLE="text-align: left; padding-bottom: 2.5pt"></TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left; padding-bottom: 2.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="padding-bottom: 2.5pt"><B>Weighted average shares of capital outstanding - basic</B>&nbsp; &nbsp; &nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2.5pt double">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2.5pt double">85,068</TD><TD STYLE="text-align: left; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2.5pt double">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2.5pt double">&mdash;</TD><TD STYLE="text-align: left; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="text-align: left; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="text-align: right; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="text-align: left; padding-bottom: 2.5pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">The accompanying notes
are an integral part of these financial statements<I>.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Page; Sequence: 38; Value: 1 -->
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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Nostalgia Family Brands, Inc.&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(A Development Stage Company)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>STATEMENTS OF CASH FLOWS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>For the year ended December 31, 2011,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>the period November 5, 2010 (inception)
to December 31, 2010</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>and the period November 5, 2010 (inception)
to December 31, 2011</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; padding-bottom: 1pt"></TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">For the year <BR>ended <BR>December 31,<BR>
2011</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">For the <BR>period <BR>November 5, <BR>2010 <BR>(inception) to <BR>December 31, <BR>2010</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">For the period <BR>November 5, <BR>2010 (inception) <BR>to <BR>December 31, <BR>2011</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold"><U>CASH FLOWS FROM PRE-OPERATING ACTIVITIES&nbsp;</U></TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 46%; text-align: left">Net loss</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 15%; text-align: right">(108</TD><TD STYLE="width: 1%; text-align: left">)</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 15%; text-align: right">-</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 15%; text-align: right">(108</TD><TD STYLE="width: 1%; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 9pt; text-indent: -9pt">Adjustments to reconcile net (loss) to net cash provided by pre-operating activities:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="color: #4F81BD; font-weight: bold">&nbsp;</TD>
    <TD STYLE="color: #4F81BD; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="color: #4F81BD; font-weight: bold; text-align: right">&nbsp;</TD><TD STYLE="color: #4F81BD; font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Changes in components of working capital:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="color: #4F81BD; font-weight: bold">&nbsp;</TD>
    <TD STYLE="color: #4F81BD; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="color: #4F81BD; font-weight: bold; text-align: right">&nbsp;</TD><TD STYLE="color: #4F81BD; font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left; padding-left: 27pt">Increase&nbsp; in other current liabilities</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">200</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">200</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 27pt">Increase&nbsp; in other assets</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 0.5in">Net cash provided by pre-operating activities</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">92</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">92</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="color: #4F81BD; font-weight: bold">&nbsp;</TD>
    <TD STYLE="color: #4F81BD; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="color: #4F81BD; font-weight: bold; text-align: right">&nbsp;</TD><TD STYLE="color: #4F81BD; font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold; text-decoration: underline; text-align: left">CASH FLOWS FROM INVESTING ACTIVITIES:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 45pt">Issuance of common stock</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">20,500</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">20,500</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Net cash provided by investing activities:</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">20,500</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">20,500</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold; text-decoration: underline; text-align: left">NET INCREASE IN CASH AND CASH EQUIVALENTS</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">20,592</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">20,592</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Cash and cash equivalents, beginning of period</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left; padding-bottom: 2.5pt">Cash and cash equivalents, end of period</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">20,592</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">-</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">20,592</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Interest paid</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left">Taxes paid</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">The accompanying notes are an integral part
of these financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Nostalgia Family Brands, Inc.&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(A Development Stage Company)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>STATEMENTS OF STOCKHOLDERS&rsquo; EQUITY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>For the period November 5, 2010 (inception)
to December 31, 2011</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: center; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="text-align: center; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="text-align: center; padding-bottom: 1pt; border-bottom: Black 1pt solid">Common&nbsp;Stock</TD><TD STYLE="text-align: center; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: center; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: center; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: center; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: center; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: center; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: center; padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: center; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="text-align: center; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1pt solid">Shares</TD><TD STYLE="text-align: center; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="text-align: center; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1pt solid">Par <BR>Value</TD><TD STYLE="text-align: center; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="text-align: center; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1pt solid">Additional <BR>Paid in Capital</TD><TD STYLE="text-align: center; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="text-align: center; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1pt solid">Accumulated<BR>Deficit</TD><TD STYLE="text-align: center; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="text-align: center; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1pt solid">Stockholders <BR>Equity</TD><TD STYLE="text-align: center; padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold; padding-bottom: 2.5pt">Balance, November 5, 2010 (inception)</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font-weight: normal; text-align: right; padding-bottom: 2.5pt; font-style: normal">-</TD><TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-weight: normal; text-align: left; padding-bottom: 2.5pt; font-style: normal">$</TD><TD STYLE="font-weight: normal; text-align: right; padding-bottom: 2.5pt; font-style: normal">-</TD><TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-weight: normal; text-align: left; padding-bottom: 2.5pt; font-style: normal">$</TD><TD STYLE="font-weight: normal; text-align: right; padding-bottom: 2.5pt; font-style: normal">-</TD><TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-weight: normal; text-align: left; padding-bottom: 2.5pt; font-style: normal">$</TD><TD STYLE="font-weight: normal; text-align: right; padding-bottom: 2.5pt; font-style: normal">-</TD><TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-weight: normal; text-align: left; padding-bottom: 2.5pt; font-style: normal">$</TD><TD STYLE="font-weight: normal; text-align: right; padding-bottom: 2.5pt; font-style: normal">-</TD><TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; text-align: left; padding-bottom: 1pt; font-style: normal">Net Loss</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: left; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: left; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: left; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 1pt solid">-</TD><TD STYLE="font-weight: bold; text-align: left; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">-</TD><TD STYLE="text-align: left; padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold">Balance, December&nbsp; 31, 2010</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">-</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">-</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">-</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 30%; text-align: left">Commons stock issued for cash</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">2,050,000</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">2,050</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 15%; text-align: right">18,450</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">-</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">20,500</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Net loss</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: left; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: left; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: left; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">(108</TD><TD STYLE="text-align: left; padding-bottom: 1pt">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">(108</TD><TD STYLE="text-align: left; padding-bottom: 1pt">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; padding-bottom: 2.5pt">Balance, December 31, 2011</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2.5pt double">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2.5pt double">2,050,000</TD><TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 2.5pt double">$</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2.5pt double">2,050</TD><TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 2.5pt double">$</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2.5pt double">18,450</TD><TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 2.5pt double">$</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2.5pt double">(108</TD><TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt">)</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 2.5pt double">$</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2.5pt double">20,392</TD><TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">The accompanying notes are an integral part
of these financial statements<I>.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>&nbsp;</I></P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Nostalgia Family Brands, Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(A Development Stage Company)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>NOTES TO FINANCIAL STATEMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; font-weight: bold">1.</TD>
    <TD STYLE="width: 18%; font-weight: bold">Description of Business</TD>
    <TD STYLE="width: 3%; padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&middot;</TD>
    <TD STYLE="width: 72%">Nostalgia Family Brands, Inc. (the &ldquo;Company&rdquo;) is a Delaware Corporation organized November
    5, 2010 and commenced operations during the first quarter 2011. The Company will develop the web site
    nostalgiafamilybrands.com. The Company&rsquo;s business model is to manufacture products that had been popular in the earlier
    1950 and 1960&rsquo;s and perhaps other decades, but have been discontinued. The specific product categories include candy,
    food and personal hygiene. Examples of the proposed products include: Bit-O-Licorice, Hollywood Candy Bars, Hydrox Cookies,
    Puffa Puffa Rice Cereal, Chipso Laundry Soap and Stopette Deodorant. These items represent some of the products that the
    current older generation enjoyed that the Company intends to target to make available once again at retail supermarkets and
    drug stores. </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; text-indent: -0.25in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&middot;</TD>
    <TD>The Company currently maintains its corporate office in Atlantic Highlands, New Jersey.&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">2.</TD>
    <TD STYLE="font-weight: bold">Summary of Significant Accounting Policies</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD>Management is responsible for the fair presentation of the Company&rsquo;s financial statements, prepared in accordance with U.S. generally accepted accounting principles (GAAP).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">Use of Estimates</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&middot;</TD>
    <TD>The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates are used in the determination of depreciation and amortization, the valuation for non-cash issuances of common stock, and the website, income taxes and contingencies, among others.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">Cash and Cash Equivalents</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD>The Company classifies as cash and cash equivalents amounts on deposit in the banks and cash temporarily in various instruments with original maturities of three months or less at the time of purchase.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Fair Value of Financial Instruments</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P></TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Statement of financial accounting standard FASB Topic 820, Disclosures
        about Fair Value of Financial Instruments, requires that the Company disclose estimated fair values of financial instruments. The
        carrying amounts reported in the statements of financial position for assets and liabilities qualifying as financial instruments
        are a reasonable estimate of fair value.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">Development Stage Enterprise</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD>The Company has been devoting most of its efforts to raising capital and developing a business plan and, consequently, meets the definition of a Development Stage Enterprise, as defined in Statement of Financial Accounting Standards FASB Topic 915 &ldquo;Accounting and Reporting for Development Stage Enterprises.&rdquo;&nbsp;&nbsp; Under FASB Topic 915, certain additional financial information is required to be included in the financial statements for the period from inception of the Company to the current balance sheet date.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 18%; font-weight: bold">Property, Website and Equipment; Depreciation and Amortization</TD>
    <TD STYLE="width: 3%; padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&middot;</TD>
    <TD STYLE="width: 72%">Property and computer equipment are stated at cost less accumulated depreciation.&nbsp; Expenditures for maintenance and repairs are charged to income as incurred.&nbsp; Additions, improvements and major replacements that extend the life of the asset are capitalized. The initial cost of the website has been capitalized. Once the site is considered operating, future costs to maintain the site will be expensed as incurred.&nbsp;&nbsp; The cost and accumulated depreciation and amortization related to assets sold or retired are removed from the accounts and any gain or loss is credited or charged to income in the period of disposal.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD>The Company accounts for web site costs in accordance with FASB Topic 350 &ldquo;Accounting for the Costs of Computer Software Developed or Obtained for Internal Use and FASB Topic 350 &ldquo;Accounting for Web Site Development Costs&rdquo;.&nbsp; As a result, costs associated with the web site application and infrastructure development stage are capitalized.&nbsp; Amortization of costs commenced once the web site was ready for its intended use.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&middot;</TD>
    <TD>For financial reporting purposes, depreciation and amortization is provided on the straight-line method over the estimated useful lives of depreciable assets.&nbsp; Financial reporting provisions for depreciation and amortization are generally based on the following annual rates and estimated useful lives:</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">Type of Asset</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">Rates</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">Years</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: -0.1in; padding-left: 0.1in">Computer and equipment</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: left">20% - 50%</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: left">2 &ndash; 5 years</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 28%">&nbsp;</TD>
    <TD STYLE="width: 36%; text-align: left; text-indent: -0.1in; padding-left: 0.1in">Website Development Costs</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 15%; text-align: left">20%</TD><TD STYLE="width: 1%; text-align: left"></TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 15%; text-align: left">5 years</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: -0.1in; padding-left: 0.1in">Leasehold &nbsp;improvements (or life of lease where applicable)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: left">20% - 50%</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: left">2 &ndash; 5 years</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 18%; font-weight: bold">Income Taxes</TD>
    <TD STYLE="width: 3%; padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-left: 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD STYLE="width: 72%">The Company has not generated any taxable income, and, therefore, no provision for income taxes has been provided.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD>Deferred income taxes are reported for timing differences between items of income or expense reported in the financial statements and those reported for income tax purposes in accordance with FASB Topic 740, &quot;Accounting for Income Taxes&quot;, which requires the use of the asset/liability method of accounting for income taxes. Deferred income taxes and tax benefits are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and for tax loss and credit carry-forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The Company provides for deferred taxes for the estimated future tax effects attributable to temporary differences and carry-forwards when realization is more likely than not.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD>A valuation allowance has been recorded to fully offset the deferred tax asset even though the Company believes it is more likely than not that the assets will be utilized.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD>The Company&rsquo;s effective tax rate differs from the statutory rates associated with taxing jurisdictions because of permanent and temporary timing differences as well as a valuation allowance.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 18%; font-weight: bold">Revenue Recognition</TD>
    <TD STYLE="width: 3%; padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-left: 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD STYLE="width: 72%">The Company intends to generate its revenue from products sold from traditional retail outlets.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD>All sources of revenue will be recorded pursuant to FASB Topic 605 Revenue Recognition, when persuasive evidence of arrangement exists, delivery of services has occurred, the fee is fixed or determinable and collectability is reasonably assured.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">Concentration of Credit Risk</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD>Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash deposits at financial institutions.&nbsp; At various times during the year, the Company may exceed the federally insured limits.&nbsp; To mitigate this risk, the Company places its cash deposits only with high credit quality institutions.&nbsp; Management believes the risk of loss is minimal.&nbsp; At December 31, 2010 and 2011 the Company did not have any uninsured cash deposits.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">Impairment of Long-lived Assets</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD>The Company accounts for long-lived assets in accordance with the provisions of FASB Topic 360, Accounting for the Impairment of Long-Lived Assets. This statement requires that long-lived assets and certain identifiable intangibles be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future net cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell. Fair values are determined based on quoted market value, discounted cash flows or internal and external appraisals, as applicable. During 2010 and 2011, the Company did not recognize an impairment charge.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">Recent Accounting Pronouncements</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD>The Company has assessed all newly issued accounting pronouncements released during the years ended December 31, 2010 and 2011, and have found none of them to have a material impact on the Company&rsquo;s financial statements.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">3.</TD>
    <TD STYLE="font-weight: bold">Going Concern</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD>The Company's financial statements are prepared using generally accepted accounting principles, which contemplate the realization of assets and liquidation of liabilities in the normal course of business.&nbsp; Because the business is new and has no history or sales, no certainty of continuation can be stated.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 20.15pt; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 20.15pt; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 20.15pt; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 20.15pt; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 20.15pt; text-indent: -0.25in"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD>Management is taking steps to raise additional funds to address its operating and financial cash requirements to continue operations in the next twelve months. Management has devoted a significant amount of time in the raising of capital from additional debt and equity financing. However, the Company&rsquo;s ability to continue as a going concern is dependent upon raising additional funds through debt and equity financing and generating revenue. There are no assurances the Company will receive the necessary funding or generate revenue necessary to fund operations. </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 20.15pt; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 20.15pt; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 20.15pt; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">4.</TD>
    <TD STYLE="font-weight: bold">Short-term Borrowings-related party</TD>
    <TD STYLE="padding-left: 0.25in; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD>Short-term borrowings-related party consists of the following at December 31, 2011.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="RIGHT" STYLE="border-collapse: collapse; width: 72%; font: 10pt Times New Roman, Times, Serif; margin-left: 0">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1pt solid">2011</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="width: 82%; text-align: left; padding-bottom: 1pt">Expenses paid on behalf of the Company &ndash; William P. McDermitt.</TD><TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 1pt solid; text-align: left">$</TD><TD STYLE="width: 15%; border-bottom: Black 1pt solid; text-align: right">200</TD><TD STYLE="width: 1%; padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-bottom: 2.5pt">TOTAL</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">200</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
</TABLE><BR STYLE="clear: both"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 18%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-left: 0.25in; font-family: Symbol; text-align: justify; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-left: 0.25in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD STYLE="width: 72%; text-align: justify">The borrowings are due on demand with no stated interest rate. The imputed
    interest expense is considered by management to be immaterial to the financial statements at December 31, 2011.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; font-weight: bold">5.</TD>
    <TD STYLE="width: 18%; font-weight: bold">Capital Stock Activity</TD>
    <TD STYLE="width: 3%; padding-left: 0.25in; font-family: Symbol; text-indent: -11.1pt">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-left: 0; text-indent: 0"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD STYLE="width: 72%">The Company&rsquo;s Articles of Incorporation to authorize the issuance 50,000,000 shares of one (1) class of $.001 par value common stock.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD>During the year ended December 31, 2011, the Company issued 2,050,000 shares of its $0.001 par value common stock to several accredited investors for cash totaling $20,500.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold">Dividends</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD>The Company has never issued dividends.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold">Warrants</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD>The Company has never issued any warrants.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="font-weight: bold">Options</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD>The Company has never issued options.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">6.</TD>
    <TD STYLE="font-weight: bold">Income Taxes</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify">A reconciliation of the statutory income tax rates and the Company&rsquo;s effective tax rate is as follows:</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="RIGHT" STYLE="border-collapse: collapse; width: 72%; font: 10pt Times New Roman, Times, Serif; margin-left: 0">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1pt solid">2011</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="width: 82%; text-align: left">Statutory U.S. federal rate</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 15%; text-align: right">34.00</TD><TD STYLE="width: 1%; text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Permanent differences</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">.00</TD><TD STYLE="text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left">Timing differences</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">00</TD><TD STYLE="text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Valuation allowance</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(34.00</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 2.5pt">Provision for income tax expense(benefit)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">0.0</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">%</TD></TR>
</TABLE><BR STYLE="clear: both"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 18%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-left: 0.25in; font-family: Symbol; text-align: justify; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-left: 0.25in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD STYLE="width: 72%; text-align: justify">The tax effects of the temporary differences and carry forwards that give rise to deferred tax assets consist of the following:</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="RIGHT" STYLE="border-collapse: collapse; width: 72%; font: 10pt Times New Roman, Times, Serif; margin-left: 0">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1pt solid">2011</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left">Deferred tax assets:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 82%; text-align: left; padding-left: 0.25in">Net operating loss carry forwards</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 15%; text-align: right">41</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Gross deferred tax assets</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">41</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 2.5pt">Valuation allowance</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(41</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">0</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
</TABLE><BR STYLE="clear: both">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 18%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-left: 0.25in; font-family: Symbol; text-align: justify; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-left: 0.25in; font-family: Symbol; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD STYLE="width: 72%; text-align: justify">At December 31, 2011, a valuation allowance for $41 has been set up for this deferred asset.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; font-weight: bold">7.</TD>
    <TD STYLE="width: 18%; font-weight: bold">Advances by Affiliates</TD>
    <TD STYLE="width: 3%; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD STYLE="width: 72%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The Company received from William P. McDermitt, a related party, $200 in cash to establish the Company&rsquo;s bank account, which</FONT> <FONT STYLE="font: 10pt Times New Roman, Times, Serif">supplemented the Company&rsquo;s working capital and is included in current liabilities. Furthermore, Mr. McDermitt purchased 500,000 shares of stock for $5,000 during the first quarter 2012.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 18%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 3%; font-family: Symbol; text-indent: -0.25in">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD STYLE="width: 72%">The Company has evaluated estimates and assumptions related to donated services and rent provided by the Officers of the Company during the start-up phase of this business. It has been determined that these services provided by these individuals were nominal through December 31, 2011.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; width: 4%">8.</TD>
    <TD STYLE="font-weight: bold; width: 18%">Subsequent Events</TD>
    <TD STYLE="padding-left: 0; font-family: Symbol; text-align: justify; text-indent: 0; width: 3%"></TD>
    <TD STYLE="width: 3%"><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify; width: 72%">During the first quarter 2012, the Company issued 1,750,000 shares of the&nbsp; Company Common stock at $0.01 per share to several accredited investors&nbsp; in return for $17,500.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 0; text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">9.</TD>
    <TD STYLE="font-weight: bold">Net Loss per Share of Common Stock</TD>
    <TD STYLE="padding-left: 0; text-align: justify">&nbsp;</TD>
    <TD><FONT STYLE="font-family: Wingdings 2">&mdash;</FONT></TD>
    <TD>The Company has adopted FASB Topic 260, &quot;Earnings per Share,&quot; which requires presentation of basic and diluted EPS on the face of the income statement for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation. In the accompanying financial statements, basic loss per share of common stock is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the year.&nbsp;&nbsp;Basic net loss per common share is based upon the weighted average number of common shares outstanding during the period. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. However, shares associated with convertible debt, stock options&nbsp;and stock warrants are not included because the inclusion would be anti-dilutive (i.e. reduce the net loss per common share).&nbsp;&nbsp;There were no anti-dilutive instruments.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="RIGHT" STYLE="border-collapse: collapse; width: 72%; font: 10pt Times New Roman, Times, Serif; margin-left: 0">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1pt solid">2011</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="width: 82%; text-align: left">Numerator - basic and diluted loss per share net loss</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 15%; text-align: right">(108</TD><TD STYLE="width: 1%; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&mdash;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left">Net loss available to common stockholders</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">(108</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left">Denominator &ndash; basic and diluted loss per share &ndash; weighted average common shares outstanding</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">85,068</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Basic and diluted earnings per share</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">(0.001</TD><TD STYLE="text-align: left">)</TD></TR>
</TABLE><BR STYLE="clear: both">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="margin: 0"></P>
<P STYLE="margin: 0">&nbsp;<B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Nostalgia Family Brands, Inc. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>(a development stage company)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>CONDENSED BALANCE&nbsp;SHEETS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">March 31,</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">December 31,</TD><TD STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2012</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2011</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">(Unaudited)</TD><TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold; text-align: center">ASSETS</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left">Current assets :</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 70%">Cash</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 12%; text-align: right">14,242</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 12%; text-align: right">20,592</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Prepaid legal expense</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">12,000</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 9pt; padding-bottom: 1pt">Total current assets</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">26,242</TD><TD STYLE="text-align: left; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">20,592</TD><TD STYLE="text-align: left; padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="padding-left: 9pt">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 2.5pt; padding-left: 9pt">Total assets</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">26,242</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">20,592</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left">LIABILITIES AND STOCKHOLDERS' EQUITY</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left">Current liabilities:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-bottom: 1pt">Short-term borrowings-related party</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">200</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">200</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left; padding-left: 9pt">Total current liabilities</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">200</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">200</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left">Commitments and contingencies</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold; text-align: left">Stockholders' equity:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Common stock, $0.001 par value, 50,000,000 shares authorized as of March 31,2012 and 3,800,000 and 2,050,000 issued and outstanding at March 31, 2012 December 31, 2011, respectively</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,800</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,050</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left">Additional paid in capital</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">34,200</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">18,450</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Accumulated deficit</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(11,958</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(108</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Total stockholders' equity</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">26,042</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">20,392</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 2.5pt">Total Liabilities and Stockholders' Equity</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">26,242</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">20,592</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">The accompanying notes are an integral part
of these condensed financial statements</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<!-- Field: Page; Sequence: 46; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Nostalgia Family Brands, Inc. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(a development stage company)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CONDENSED STATEMENTS&nbsp;OF&nbsp;OPERATIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>For the three month periods ended March
31, 2012 and March 31, 2011</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>(Unaudited)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">For the</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">For the</TD><TD STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">three month</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">three month</TD><TD STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">period ended</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">period ended</TD><TD STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">March 31, 2012</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">March 31, 2011</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold">Revenues</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold">Pre-operating expenses</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="width: 70%; text-align: left; padding-bottom: 1pt">Professional fees</TD><TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="width: 12%; border-bottom: Black 1pt solid; text-align: right">11,850</TD><TD STYLE="width: 1%; padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="width: 12%; border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="width: 1%; padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Total pre-operating expenses</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">11,850</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-bottom: 1pt">Pre-operating loss</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(11,850</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Provision for income tax</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Net loss</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(11,850</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">-</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Basic and diluted net loss per common share</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(0.003</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">-</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; padding-bottom: 2.5pt">Weighted average shares of capital outstanding - basic</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">3,520,879</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">-</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">The accompanying notes are an integral part
of these condensed financial statements</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Page; Sequence: 47; Value: 1 -->
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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Nostalgia Family Brands, Inc. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(a development stage company)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CONDENSED STATEMENT&nbsp;OF&nbsp;OPERATIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>For the period November 5, 2010 (inception)
to March 31, 2012</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>(Unaudited)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">For the period</TD><TD STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center">November 5, 2010</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">(inception) to</TD><TD STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">March 31, 2012</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold">Revenues</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold">Pre-operating expenses</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="width: 85%; text-align: left">Selling, general and administrative</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 12%; text-align: right">108</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Professional fees</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">11,850</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Total pre-operating expenses</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">11,958</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="padding-bottom: 1pt">Pre-operating loss</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(11,958</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Provision for income tax</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Net loss</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(11,958</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">The accompanying notes are an integral part
of these condensed financial statements</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Page; Sequence: 48; Value: 1 -->
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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Nostalgia Family Brands, Inc. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(a development stage company)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CONDENSED STATEMENTS&nbsp;OF&nbsp;CASH
FLOWS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>For the three month periods ended March
31, 2012 and 2011</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>and November 5, 2010 (inception) to March
31, 2012</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Unaudited)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP>&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center">For the</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center">For the</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center">For the period</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center">three month</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center">three month</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center">November 5, 2010</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center">period ended</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center">period ended</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center">(inception) to</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="font-weight: bold"></TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">March 31, 2012</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">March 31, 2011</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">March 31, 2012</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD NOWRAP STYLE="font-weight: bold">CASH FLOWS FROM PRE-OPERATING ACTIVITIES:&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD NOWRAP STYLE="width: 55%; text-align: left">Net (loss)</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 12%; text-align: right">(11,850</TD><TD STYLE="width: 1%; text-align: left">)</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 12%; text-align: right">-</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 12%; text-align: right">(11,958</TD><TD STYLE="width: 1%; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; text-indent: -9pt; padding-left: 9pt">Adjustments to reconcile net loss to net cash used for pre-operating activities:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Amortization of legal fees</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">8,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">8,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">(Increase) in prepaid legal expense</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(20,000</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(20,000</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 0.25in">Net cash used by operating activities</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(23,850</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(23,958</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left">CASH FLOWS FROM FINANCING ACTIVITIES:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>Short-term borrowings-related party</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">200</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Issuance of common stock</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">17,500</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">38,000</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 0.25in">Net cash provided by financing activities</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">17,500</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">38,200</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="font-weight: bold; text-align: left; padding-left: 9pt; text-indent: -9pt">NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(6,350</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">14,242</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Cash and cash equivalents, beginning of period</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">20,592</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 2.5pt">Cash and cash equivalents, end of period</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">14,242</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">-</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">14,242</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Interest paid</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left">Taxes paid</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">-</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">The accompanying notes are an integral part
of these condensed financial statements</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Nostalgia Family Brands, Inc. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(a development stage company)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>STATEMENTS OF STOCKHOLDERS' EQUITY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>For the three month period ended March
31, 2012</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Unaudited)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP>&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Common Stock</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center">Additional</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">Total</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="6" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Par Value $0.001</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center">Paid-In</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">Accumulated</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">Stockholders'</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Shares</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Amount</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Capital</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Deficit</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Equity</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD NOWRAP STYLE="width: 40%; font-weight: bold">BALANCE 12/31/11</TD><TD STYLE="width: 1%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 1%; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="width: 9%; font-weight: bold; text-align: right">2,050,000</TD><TD STYLE="width: 1%; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="width: 1%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 1%; font-weight: bold; text-align: left">$</TD><TD STYLE="width: 9%; font-weight: bold; text-align: right">2,050</TD><TD STYLE="width: 1%; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="width: 1%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 1%; font-weight: bold; text-align: left">$</TD><TD STYLE="width: 9%; font-weight: bold; text-align: right">18,450</TD><TD STYLE="width: 1%; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="width: 1%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 1%; font-weight: bold; text-align: left">$</TD><TD STYLE="width: 9%; font-weight: bold; text-align: right">(108</TD><TD STYLE="width: 1%; font-weight: bold; text-align: left">)</TD><TD STYLE="width: 1%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 1%; font-weight: bold; text-align: left">$</TD><TD STYLE="width: 9%; font-weight: bold; text-align: right">20,392</TD><TD STYLE="width: 1%; font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Common stock issued</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,750,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,750</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">15,750</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">17,500</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Net loss</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(11,850</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(11,850</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; padding-bottom: 2.5pt">BALANCE 3/31/12</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">3,800,000</TD><TD STYLE="padding-bottom: 2.5pt; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">3,800</TD><TD STYLE="padding-bottom: 2.5pt; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">34,200</TD><TD STYLE="padding-bottom: 2.5pt; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(11,958</TD><TD STYLE="padding-bottom: 2.5pt; font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">26,042</TD><TD STYLE="padding-bottom: 2.5pt; font-weight: bold; text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">The accompanying notes are an integral part
of these condensed financial statements</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Nostalgia Family Brands, Inc. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(a development stage company)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>NOTES TO CONDENSED FINANCIAL STATEMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>For the three months ended March 31,
2012</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; text-autospace: none; font-weight: bold">1.</TD>
    <TD STYLE="width: 1%; text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 19%; text-autospace: none; font-weight: bold">Basis of Presentation</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 75%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The interim financial statements included
        herein, presented in accordance with United States generally accepted accounting principles and stated in US dollars, have been
        prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission. Certain
        information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting
        principles have been condensed or omitted pursuant to such rules and regulations, although the Company believes that the disclosures
        are adequate to make the information presented not misleading.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">These statements reflect all adjustments,
        consisting of normal recurring adjustments, which, in the opinion of management, are necessary for fair presentation of the information
        contained therein. It is suggested that these interim financial statements be read in conjunction with the financial statements
        of the Company for the year ended December 31, 2011 and notes thereto included in the Company's Form S-1. The Company follows the
        same accounting policies in the preparation of interim reports.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Results of operations for the interim periods are not indicative
        of annual results.</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; text-autospace: none; font-weight: bold">2.</TD>
    <TD STYLE="width: 1%; text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 19%; text-autospace: none; font-weight: bold">Recent Accounting Pronouncements</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 5%; font-family: Symbol; text-align: left">&middot;</TD>
    <TD STYLE="width: 70%; text-align: justify">The Company has assessed all newly issued accounting pronouncements released during the three months ended March 31, 2012, and have found none of them to have a material impact on the Company&rsquo;s financial statements.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-autospace: none; text-align: left">&nbsp;</TD>
    <TD STYLE="text-autospace: none">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none; font-weight: bold">3.</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">Going Concern</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-family: Symbol; text-align: left">&middot;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Company's financial statements are prepared using
generally accepted accounting principles, which contemplate the realization of assets and liquidation of liabilities in the normal
course of business. Because the business is new and has no history or sales, no certainty of continuation can be stated.&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-family: Symbol; text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-family: Symbol; text-align: left">&middot;&nbsp;</TD>
    <TD>Management is taking steps to raise additional funds
to address its operating and financial cash requirements to continue operations in the next twelve months. Management has devoted
a significant amount of time in the raising of capital from additional debt and equity financing. However, the Company&rsquo;s
ability to continue as a going concern is dependent upon raising additional funds through debt and equity financing and generating
revenue. There are no assurances the Company will receive the necessary funding or generate revenue necessary to fund operations.&nbsp;&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-family: Symbol; text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none; font-weight: bold">4.</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">Prepaid Legal Expense</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-family: Symbol; text-align: left">&middot;</TD>
    <TD>Prepaid legal expense consists of the following at March 31, 2012 and December 31, 2011.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="RIGHT" STYLE="border-collapse: collapse; width: 70%; font: 10pt Times New Roman, Times, Serif; margin-left: 0">
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP>&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">March&nbsp;31, <BR>2012</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">December&nbsp;31, <BR>2011</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="width: 58%; text-align: left; padding-bottom: 1pt">Prepaid legal fees</TD><TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 1pt solid; text-align: left">$</TD><TD STYLE="width: 18%; border-bottom: Black 1pt solid; text-align: right">12,000</TD><TD STYLE="width: 1%; padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 1pt solid; text-align: left">$</TD><TD STYLE="width: 18%; border-bottom: Black 1pt solid; text-align: right">-</TD><TD STYLE="width: 1%; padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-bottom: 2.5pt">TOTAL</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">12,000</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">-</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
</TABLE><BR STYLE="clear: both">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; text-autospace: none; font-weight: bold">5.</TD>
    <TD STYLE="width: 1%; text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 19%; text-autospace: none; font-weight: bold">Short-term borrowings-related party</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 5%; text-autospace: none; font-family: Symbol; text-align: left">&middot;</TD>
    <TD STYLE="width: 70%; text-autospace: none">Short-term borrowings-related party consists of the following at March 31, 2012 and December 31, 2011. </TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="RIGHT" STYLE="border-collapse: collapse; width: 70%; font: 10pt Times New Roman, Times, Serif; margin-left: 0">
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP>&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">March&nbsp;31, <BR>2012</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">December&nbsp;31, <BR>2011</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="width: 58%; text-align: left; padding-bottom: 1pt">Prepaid expenses paid on behalf of the Company &ndash; <BR>William P. McDermitt</TD><TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 1pt solid; text-align: left">$</TD><TD STYLE="width: 18%; border-bottom: Black 1pt solid; text-align: right">200</TD><TD STYLE="width: 1%; padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 1pt solid; text-align: left">$</TD><TD STYLE="width: 18%; border-bottom: Black 1pt solid; text-align: right">200</TD><TD STYLE="width: 1%; padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-bottom: 2.5pt">TOTAL</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">200</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">200</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
</TABLE><BR STYLE="clear: both">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 1%; text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 19%; text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 5%; text-autospace: none; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 70%">The borrowings are due on demand with no stated interest rate.&nbsp; The imputed interest expense is considered by management to be immaterial to the financial statements at March 31, 2012.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-family: Symbol; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-left: 20.4pt; font-family: Symbol; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none; font-weight: bold">6.</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">Capital Stock Activity</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-family: Symbol; text-align: left">&middot;</TD>
    <TD>The Company&rsquo;s Articles of Incorporation authorize the issuance 50,000,000 shares of one class of $.001 par value common stock.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 35%">&nbsp;</TD>
    <TD STYLE="width: 5%">o</TD>
    <TD STYLE="width: 60%">During the three months ended March 31, 2012, the Company issued 1,750,000 shares of its $0.001 par value common stock to several accredited investors for cash totaling $17,500.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none">&nbsp;</TD>
    <TD STYLE="text-autospace: none">o</TD>
    <TD STYLE="text-autospace: none">During the three months ended December 31, 2011, the Company issued 2,050,000 shares of its $0.001 par value common stock to several accredited investors for cash totaling $20,500.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 1%; text-autospace: none; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 19%; text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 5%; font-family: Symbol; text-align: left">&middot;</TD>
    <TD STYLE="width: 70%; padding-left: 0; text-indent: 0">Dividends - The Company has never issued dividends.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-family: Symbol; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 20.4pt; font-family: Symbol; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-family: Symbol; text-align: left">&middot;</TD>
    <TD STYLE="padding-left: 0; text-indent: 0">Warrants - The Company has never issued any warrants.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-family: Symbol; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 20.4pt; font-family: Symbol; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-family: Symbol; text-align: left">&middot;</TD>
    <TD STYLE="padding-left: 0; text-indent: 0">Options - The Company has never issued options.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-family: Symbol; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 20.4pt; font-family: Symbol; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none; font-weight: bold">7.</TD>
    <TD STYLE="text-autospace: none; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">Advances by Related Party</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-family: Symbol; text-align: left">&middot;</TD>
    <TD STYLE="padding-left: 0; text-indent: 0">
        <P STYLE="padding-left: 0; text-indent: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">During the year ended
December 31, 2011 Company received from William P. McDermitt, a related party, $200 in cash to establish the Company&rsquo;s bank
account, which</FONT> <FONT STYLE="font: 10pt Times New Roman, Times, Serif">supplemented the Company&rsquo;s working capital
and is included in current liabilities. Furthermore, Mr. McDermitt purchased 500,000 shares of stock for $5,000 during the first
quarter 2012.&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-family: Symbol; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 0; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-family: Symbol; text-align: left">&middot;</TD>
    <TD>
        <P STYLE="padding-left: 0; text-indent: 0">The Company has evaluated estimates and assumptions related to donated services
and rent provided by the Officers of the Company during the start-up phase of this business. It has been determined that these
services provided by these individuals were nominal through March 31, 2012.&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-family: Symbol; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 20.4pt; font-family: Symbol; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none; font-weight: bold">8.</TD>
    <TD STYLE="text-autospace: none; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Subsequent Events</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-family: Symbol; text-align: left">&middot;</TD>
    <TD STYLE="padding-left: 0; text-indent: 0">The Company has evaluated subsequent events through the date which it has made its financial statements available, and has identified no significant reportable events through that date.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; text-autospace: none; font-weight: bold">9.</TD>
    <TD STYLE="width: 1%; text-autospace: none; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 19%; text-autospace: none; font-weight: bold">Net Loss per Share of Common Stock</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 5%; text-autospace: none; font-family: Symbol; text-align: left">&middot;</TD>
    <TD STYLE="width: 70%; text-autospace: none; text-align: justify">The Company has adopted FASB Topic 260, &quot;Earnings per Share,&quot; which requires presentation of basic and diluted EPS on the face of the income statement for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation. In the accompanying financial statements, basic loss per share of common stock is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the year. Basic net loss per common share is based upon the weighted average number of common shares outstanding during the period. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. However, shares associated with convertible debt, stock options&nbsp;and stock warrants are not included because the inclusion would be anti-dilutive (i.e. reduce the net loss per common share). There were no anti-dilutive instruments.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="RIGHT" STYLE="border-collapse: collapse; width: 70%; font: 10pt Times New Roman, Times, Serif; margin-left: 0">
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP>&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center">Three Months</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center">Ended</TD><TD NOWRAP STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">March 31, 2012</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="width: 75%; text-align: left">Numerator - basic and diluted loss per share net loss</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 22%; text-align: right">(11,850</TD><TD STYLE="width: 1%; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left">Denominator - basic and diluted loss per share - weighted average common shares outstanding</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,520,879</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left">Basic and diluted earnings per share</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">(0.003</TD><TD STYLE="text-align: left">)</TD></TR>
</TABLE><BR STYLE="clear: both">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>



<P STYLE="margin: 0"></P>
<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>Through and including
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2012 (the 90th day after the date
of this prospectus), all dealers effecting transactions in the registered securities offered hereby, whether or not participating
in this offering, may be required to deliver a prospectus. This delivery requirement is in addition to the obligation of dealers
to deliver a prospectus when acting as an underwriter and with respect to an unsold allotment or subscription.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">3,000,000 Shares</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">NOSTALGIA FAMILY BRANDS, INC.<BR>
<BR>
Common Stock</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">PROSPECTUS</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><BR STYLE="mso-special-character: line-break">
</P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>, 2012</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">PART II</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">INFORMATION NOT REQUIRED IN PROSPECTUS</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Item 13. Other Expenses of Issuance and Distribution</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The following table
sets forth the costs and expenses expected to be incurred by Nostalgia Family Brands, Inc. (the &ldquo;Registrant&rdquo;) in connection
with this offering described in this registration statement. All amounts shown are estimates, except the SEC registration fee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 85%; font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="font-weight: bold; border-bottom: Black 1pt solid">Item</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Amount to be Paid</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="width: 87%; text-align: left">SEC registration fee</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 10%; text-align: right">34.38</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Legal fees and expenses</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">35,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left">Accounting fees and expenses</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Printing and engraving expenses</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="text-align: left">Transfer agent fees</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">*</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Blue sky fees and expenses</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">*</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD>Miscellaneous</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">*</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,255,204)">
    <TD STYLE="padding-bottom: 2.5pt">Total</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2.5pt double">$</TD><TD STYLE="text-align: right; border-bottom: Black 2.5pt double"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">*</P></TD><TD STYLE="text-align: left; padding-bottom: 2.5pt">&nbsp;</TD></TR>
</TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-left: 0.5in"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: left; text-indent: 0in">* To be provided
by amendment.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Item 14. Indemnification of Directors and Officers</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Registrants&rsquo;
bylaws limits its directors&rsquo; and officers&rsquo; liability to the fullest extent permitted under Delaware corporate law.
Specifically, the Registrant&rsquo;s directors and officers will not be liable to it or its stockholders for monetary damages for
any breach of fiduciary duty by a director or officer, except for liability:</P>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">for any breach of the director&rsquo;s or officer&rsquo;s duty of loyalty to the Registrant or
the Registrant&rsquo;s stockholders;</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation
of law;</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">under Section&nbsp;174 of the Delaware General Corporation Law; or</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">for any transaction from which a director or officer derives an improper personal benefit.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If the Delaware General
Corporation Law is amended to authorize corporate action further eliminating or limiting the personal liability of directors or
officers, then the liability of the Registrant&rsquo;s directors and officers shall be eliminated or limited to the fullest extent
permitted by the Delaware General Corporation Law, as so amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The provision regarding
indemnification of the Registrant&rsquo;s directors and officers in its bylaws will generally not limit liability under state or
federal securities laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Delaware law and the
Registrant&rsquo;s bylaws provide that the Registrant will, in certain situations, indemnify any person made or threatened to be
made a party to a proceeding by reason of that person&rsquo;s former or present official capacity with the Registrant against judgments,
penalties, fines, settlements and reasonable expenses including reasonable attorney&rsquo;s fees. Any person is also entitled,
subject to certain limitations, to payment or reimbursement of reasonable expenses in advance of the final disposition of the proceeding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Item 15. Recent Sales of Unregistered Securities</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Except as set forth
below, in the three years preceding the filing of this Registration Statement, the Registrant has not issued any securities that
were not registered under the Securities Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">During the period between
January 3, 2011 and January 13, 2012, we issued 3,800,000 shares of our common stock to each of 44 investors, for a purchase price
of $0.01 per share, or aggregate proceeds of $38,000. These shares were issued in a series of transactions in reliance upon an
exemption from the registration provisions of the Securities Act set forth in Section 4(2) thereof and Regulation D promulgated
thereunder for transactions not involving any public offering. The Registrant believes that the exemption was available because
the offer and sale of the securities did not involve a public offering and because of the limited number of recipients, each of
the purchaser&rsquo;s representation of sophistication in financial matters, and his or her access to information concerning the
Registrant. No underwriters were involved in the foregoing sales of securities.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Item 16. Exhibits and Financial Statement Schedules.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify">Exhibits</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 12%; border-bottom: windowtext 1pt solid; font-weight: bold">Exhibit No.</TD>
    <TD STYLE="width: 2%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 86%; border-bottom: windowtext 1pt solid; font-weight: bold">Description</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>3.1</TD>
    <TD>&nbsp;</TD>
    <TD>Certificate of Incorporation</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>3.2</TD>
    <TD>&nbsp;</TD>
    <TD>By-Laws</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>4.1</TD>
    <TD>&nbsp;</TD>
    <TD>Form of specimen certificate representing common stock*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>5.1</TD>
    <TD>&nbsp;</TD>
    <TD>Opinion of Herrick, Feinstein LLP*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>23.1</TD>
    <TD>&nbsp;</TD>
    <TD>Consent of L.L. Bradford &amp; Company, LLC</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>23.2</TD>
    <TD>&nbsp;</TD>
    <TD>Consent of Herrick, Feinstein LLP (to be included in Exhibit 5.1)*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>24.1</TD>
    <TD>&nbsp;</TD>
    <TD>Powers of Attorney (included on the signature page hereto)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.75in">*</TD><TD>To be filed by amendment</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.75in">(b)</TD><TD>Financial Statement Schedules</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">All schedules are omitted
since the required information is not applicable, the information is presented in the Registrant&rsquo;s consolidated financial
statements and the related notes thereto or is not present in amounts sufficient to require submission of the schedules.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Item 17. Undertakings</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Undertakings</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The undersigned Registrant hereby undertakes:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.55in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.55in">(1)&#9;To file, during
any period in which offers or sales are being made, a post-effective amendment to this registration statement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.1in">(i)&#9;to include any
prospectus required by Section 10(a)(3) of the Securities Act of 1933, as amended (the &ldquo;Act&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.1in">(ii)&#9;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 the
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
maximum 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 &ldquo;Calculation of Registration Fee&rdquo; table in the effective registration statement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.1in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.1in">(iii)&#9;to include
any material information with respect to the plan of distribution not previously disclosed in the registration statement or any
material change to such information in the registration statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.55in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.55in">(2)&#9;That, for the
purpose of determining any liability under the Act, 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.55in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.55in">(3)&#9;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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.55in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.55in">(4)&#9;Insofar as
indemnification for liabilities arising under the Act 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 Act 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 and will be governed
by the final adjudication of such issue.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.55in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.55in">(5)&#9;That, for the
purpose of determining liability under the Act to any purchaser, each prospectus filed pursuant to Rule 424(b) as part of a registration
statement relating to an offering, other than registration statements relying on Rule 430B or other than prospectuses filed in
reliance on Rule 430A, shall be deemed to be part of and included in the registration statement as of the date it is first used
after effectiveness. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration
statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus
that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such first use, supersede
or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or
made in any such document immediately prior to such date of first use.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.55in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.55in">(6)&#9;That, for the
purpose of determining liability of the registrant under the Securities Act of 1933 to any purchaser in the initial distribution
of the securities: The undersigned registrant undertakes that in a primary offering of securities of the undersigned registrant
pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the purchaser, if
the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned registrant
will be a seller to the purchaser and will be considered to offer or sell such securities to such purchaser:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.1in">(i)&#9;Any preliminary
prospectus or prospectus of the undersigned registrant relating to the offering required to be filed pursuant to Rule 424;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.1in">(ii)&#9;Any free writing
prospectus relating to the offering prepared by or on behalf of the undersigned registrant or used or referred to by the undersigned
registrant;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.1in">(iii)&#9;The portion
of any other free writing prospectus relating to the offering containing material information about the undersigned registrant
or its securities provided by or on behalf of the undersigned registrant; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.1in">(iv)&#9;Any other communication
that is an offer in the offering made by the undersigned registrant to the purchaser.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.1in">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SIGNATURES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Pursuant to the requirements
of the Securities Act of 1933, the Registrant has duly caused this registration statement to be filed on its behalf by the undersigned,
thereunto duly authorized in the City of Atlantic Highlands, State of New Jersey on May 23, 2012.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 3in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: justify; text-indent: 0in">NOSTALGIA FAMILY BRANDS, INC.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: justify; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 52%; text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="width: 4%; text-align: left; text-indent: 0in">By:</TD>
    <TD STYLE="width: 36%; border-bottom: windowtext 1pt solid; text-align: left; text-indent: 0in">/s/ William P.
    McDermitt&nbsp;</TD>
    <TD STYLE="width: 8%; text-align: left; text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: left; text-indent: 0in">Name:&nbsp; William P. McDermitt</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0in">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: left; text-indent: 0in">Title:&nbsp; Chief Executive Officer</TD></TR>
</TABLE>
<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">POWER OF ATTORNEY</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each of the undersigned
directors and officers of Nostalgia Family Brands, Inc. hereby constitutes and appoints William P. McDermitt his true and lawful
attorneys-in-fact and agents with full power of substitution and resubstitution, for him and his name, place and stead, in any
and all capacities, to execute any and all amendments (including post-effective amendments) to this registration statement, to
sign any registration statement filed pursuant to Rule 462(b) of the Securities Act of 1933, and to cause the same to be filed
with all exhibits thereto, and all documents in connection therewith, with the Securities and Exchange Commission, granting unto
said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite
and desirable to be done in and about the premises as fully and to all intents and purposes as the undersigned might or could do
in person, hereby ratifying and confirming all acts and things that said attorneys-in-fact and agents or any of them, or their
or his substitute or substitutes may lawfully do or cause to be done by virtue hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Pursuant to the requirements
of the Securities Act of 1933, this Registration Statement on Form S-1 has been signed by the following persons in the capacities
and on the dates indicated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 31%; border-bottom: windowtext 1pt solid; text-align: justify; text-indent: 0in; font-weight: bold">Signature</TD>
    <TD STYLE="width: 2%; text-align: justify; text-indent: 0in; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 50%; border-bottom: windowtext 1pt solid; text-align: justify; text-indent: 0in; font-weight: bold">Title</TD>
    <TD STYLE="width: 2%; text-align: justify; text-indent: 0in; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 15%; border-bottom: windowtext 1pt solid; text-align: justify; text-indent: 0in; font-weight: bold">Date</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; text-indent: 0in; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: 0in; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: windowtext 1pt solid">/s/ William P. McDermitt</TD>
    <TD ROWSPAN="2" STYLE="text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="text-align: justify; text-indent: 0in">Chief Executive Officer and director (principal executive officer)</TD>
    <TD ROWSPAN="2" STYLE="text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="text-align: justify; text-indent: 0in">May 23, 2012</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>William P. McDermitt</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: windowtext 1pt solid">/s/ Edward O&rsquo;Donnell</TD>
    <TD ROWSPAN="2" STYLE="text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="text-align: justify; text-indent: 0in">Vice President, Chief Financial Officer and Secretary (principal financial and accounting officer)</TD>
    <TD ROWSPAN="2" STYLE="text-align: justify; text-indent: 0in">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="text-align: justify; text-indent: 0in">May 23, 2012</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Edward O&rsquo;Donnell</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



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As filed with the Securities and Exchange
Commission on May 24, 2012
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-1
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
NOSTALGIA
FAMILY BRANDS, INC.
(
Exact name of registrant as specified in its charter)
Delaware
5140
27-3999874
(State of incorporation)
(Primary Standard Industrial
Classification Code Number)
(I.R.S. Employer
Identification Number)
Nostalgia Family Brands, Inc.
20 Pape Drive
Atlantic Highlands, New Jersey 07716
(732) 291-3661
(Address, including zip code, and telephone
number, including area code, of registrant's principal executive offices)
William P. McDermitt
Chief Executive Officer
Nostalgia Family Brands, Inc.
20 Pape Drive
Atlantic Highlands, New Jersey 07716
(732) 291-3661
(Name, address, including zip code, and
telephone number, including area code, of agent for service)
Copy to:
Stephen E. Fox
Herrick, Feinstein LLP
2 Park Avenue
New York, New York 10016
(212) 592-1400
Approximate date of commencement of proposed sale to the
public:
As soon as practicable after the effective date of this Registration Statement.
If any of the securities being registered on this Form are to
be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following box.
x
If this Form is filed to register additional securities for
an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration
statement number of the earlier effective registration statement for the same offering.
¨
If this Form is a post-effective amendment filed pursuant to
Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the
earlier effective registration statement for the same offering.
¨
If this Form is a post-effective amendment filed pursuant to
Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the
earlier effective registration statement for the same offering.
¨
Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, a non-accelerated filer, or a small reporting company. See the definitions of "large accelerated
filer," "accelerated filer," and "smaller reporting company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer
¨
Accelerated filer
¨
Non-accelerated filer
¨
(Do not check if a smaller reporting company)
Smaller reporting company
x
CALCULATION OF REGISTRATION FEE
Title of each class of securities to be registered
Amount to be
Registered
Proposed
maximum
offering price
per share
(1)
Proposed
maximum
aggregate
offering price
(1)
Amount of
registration
fee
Common Stock, $0.001 par value per share
3,000,000 shs.
$
0.10
$
300,000
$
34.38
(1)
Estimated solely for purposes of computing the amount of the registration fee pursuant to Rule 457(a) under the Securities
Act of 1933.
The Registrant hereby amends this Registration
Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment
which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of
the Securities Act of 1933 or until the Registration Statement shall become effective on such date as the Commission, acting pursuant
to said Section 8(a), may determine.
The information in this prospectus is not complete
and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission
is effective. This prospectus is not an offer to sell these securities and it is not soliciting an offer to buy these securities
in any state where the offer or sale is not permitted.
Subject to Completion
Preliminary Prospectus dated
May 24, 2012
PROSPECTUS
NOSTALGIA FAMILY BRANDS, INC.
3,000,000 Shares of Common Stock
This is an initial public
offering of our common stock. We are offering for sale up to 3,000,000 shares of our common stock on a best efforts, self-underwritten
basis for up to ninety days following the date of this prospectus at a fixed price of $0.10 per share, which may be extended by
us for up to an additional ninety day period. If all shares being offered by us are sold, we will receive an aggregate of $300,000,
less approximately $50,000 in expenses. No public market currently exists for the shares being offered.
There will be no underwriter
involved in the sale of the shares. We intend to offer the shares through the efforts of our officers and sole director and it
is intended that such officers and sole director will not be paid any commission for such sales. Our officers and sole director
may be deemed "underwriters" within the meaning of the Securities Act of 1933, as amended, and any commissions and
discounts given to any such officers and sole director, if any, may be regarded as underwriting commissions or discounts under
the Securities Act of 1933.
We are still in the
planning stages of our development and have not as yet commenced any operations. These are speculative securities. Please read
the "Risk Factors" section beginning on page 4 of this prospectus before making a decision to invest in our common
stock.
Neither the Securities
and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this
prospectus is truthful or complete. Any representation to the contrary is a criminal offense.
There is currently no
public market for our common stock and we have not applied for listing or quotation on any public market. We have arbitrarily determined
the offering price of $0.10 per share. The offering price bears no relationship to our assets, book value, earnings or any other
customary investment criteria. We intend to seek a market maker to file an application with the Financial Industry Regulatory Authority
to have our common stock quoted on the Over-the-Counter Bulletin Board or the OTC Pink market. We currently have no market maker
who is willing to list quotations for our stock. There is no assurance that an active trading market for our shares will develop,
or, if developed, that it will be sustained.
The date of this prospectus is              , 2012
TABLE OF CONTENTS
Page
Prospectus Summary
1
Risk Factors
4
Forward Looking Statements
9
Use Of Proceeds
10
Dividend Policy
10
Dilution
11
Market For Our Common Stock
13
Management's Discussion And Analysis Of Financial Condition And Results Of Operations
14
Proposed Business
18
Management
22
Executive Compensation
24
Certain Relationships And Related Party Transactions
24
Principal Stockholders
25
Description Of Capital Stock
26
Plan Of Distribution
29
Legal Matters
31
Experts
31
Where You Can Find Additional Information
31
Index To Financial Statements
F-1
We are responsible for
the information contained in this prospectus. We have not authorized anyone to give you any other information, and take no responsibility
for any other information that others may give you.
We are offering to sell, and seeking offers to buy,
shares of our common stock only in jurisdictions where offers and sales are permitted. The information contained in this prospectus
is accurate only as of the date of this prospectus, regardless of the time of delivery of this prospectus or of any sale of our
common stock
.
BASIS OF PRESENTATION
Except as otherwise indicated
herein or as the context otherwise requires, in this prospectus, "we," "our" and "us" refers
to Nostalgia Family Brands, Inc.
In this prospectus, we
rely on and refer to certain market and industry data and forecasts related thereto. We obtained this information and these statistics
from sources other than us, which we have supplemented where necessary with information from publicly available sources and our
own internal estimates. We use these sources and estimates and believe them to be reliable, but we cannot give you any assurance
that any of the projected results will be achieved.
i
PROSPECTUS SUMMARY
This summary highlights
information contained elsewhere in this prospectus. This summary may not contain all of the information that may be important to
you.
You should read the entire prospectus carefully together with our financial statements and the
related notes appearing elsewhere in this prospectus before you decide to invest in our common stock. This prospectus contains
forward-looking statements, which involve risks and uncertainties. Our actual results could differ materially from those anticipated
in such forward-looking statements as a result of certain factors, including those discussed under the heading "Risk Factors"
and other sections of this prospectus.
Overview
We aim to acquire ownership
and other rights to discontinued consumer product brands, with the ultimate goal of reviving these products and commercializing
them, based on an idea that nostalgia for such brands will be a powerful incentive to purchase among the 55 and over population,
which we refer to in this prospectus as the senior population. We believe that many formerly popular brand names that were discontinued
by their parent companies still resonate with the senior population and if so revived and made available in supermarkets and other
retail establishments, would attract this population and others as consumers.
We believe that as a person
ages, he or she often feels left behind and tends to remember the "good old days" when life was simpler. We believe
we can tap into these feelings and use it as a trigger for purchasing decisions, as studies have shown that seniors miss their
youth and many of the products which they used during childhood that are no longer available. According to a December 2010 study
from Arizona State University's W.P. Carey School of Business, a significant number of the senior population miss the life
they led as children and younger adults, and many of the products which they used during that time and which are no longer available.
We believe that the combination of familiarity and positive associations linger as a person ages, and we intend to build on these
associations to revive a retail presence for one or more discontinued consumer product brands that at one time was widely recognized.
We are a development stage
company and have limited operations. For the period from November 5, 2010 (Inception) to March 31, 2012, we have not generated
any revenue and incurred net losses of $11,958. Due to the "start up" nature of our business, we expect to incur losses
as we expand. To date, our cash flow requirements have been met by an equity financing. If we are unable to successfully sell our
common stock in this offering, generate sufficient profits or otherwise obtain additional funds for our working capital needs,
we may need to cease or curtail operations. Furthermore, there is no assurance the net proceeds from any successful financing arrangement,
including this offering, will be sufficient to cover cash requirements during the initial stages of our operations. For these reasons,
our auditors believe that there is substantial doubt that we will be able to continue as a going concern.
Proposed Products
We intend to target for
purchase the intellectual property and other rights to discontinued consumer product brands. We consider a product to be discontinued
if it is no longer available at traditional retail levels such as at groceries and drug stores, or on the internet.
We do not currently have
any products for sale or own any brand names to commercialize in accordance with our business plan. To date, we have researched
over 100 discontinued products and have our focus on 20 of these products in three categories of consumer products: candy, food
other than candy, and personal products.
Corporate Information
We were
incorporated on November 5, 2010 under the laws of the State of Delaware. Our principal executive office is located at 20
Pape Drive, Atlantic Highlands, New Jersey 07716, and our telephone number at that office is (732) 291-3661. We intend to
develop the website address www.nostalgiafamilybrands.com. Our website and information contained on, or that can be
accessed through, our website are not part of this prospectus.
1
The Offering
Common stock offered by us
3,000,000 shares of common stock
Offering price per share
$0.10
(1)
Common stock to be outstanding immediately after this offering
6,800,000 shares of common stock
(2)
Use of proceeds
We estimate that our net proceeds from this offering will be approximately $250,000, based on an initial public offering price of $0.10 per share and after deducting estimated offering expenses payable by us of approximately $50,000.
We intend to use the net proceeds from the sale of our common stock in this offering to purchase the rights to and commercialize discontinued consumer product brands, and for general corporate purposes, including the partial funding of this offering. See "Use of Proceeds."
Risk factors
See "Risk Factors" on page 4 of this prospectus for a discussion of factors you should carefully consider before deciding to invest in our common stock.
Dividend policy
We have not declared or paid any dividends on our common stock since our inception, and we do not anticipate paying any such dividends for the foreseeable future. See "Dividend Policy."
(1)
The offering price was determined by us arbitrarily. We believe that this price reflects the appropriate price that a potential
investor would be willing to invest in our common stock at this initial stage of our development. This price bears no relationship
whatsoever to our business plan, the price paid for our shares by our founders, our assets, potential earnings, book value or any
other criteria of value. The offering price should not be regarded as an indicator of the future market price of our common stock,
which is likely to fluctuate.
(2)
Assumes the sale of all 3,000,000 shares of our common stock offered pursuant to this prospectus.
2
Summary Selected Historical Financial
Data
The following summary
financial data are derived from our financial statements should be read in conjunction with "Management's Discussion
and Analysis of Financial Condition and Results of Operation" and our audited financial statements and the related notes
thereto, each of which is included in this prospectus. The "As Adjusted" financial information gives effect to the
sale of all 3,000,000 shares we are offering in this offering as if such sale had occurred at March 31, 2012.
December 31, 2011
March 31, 2012
Balance Sheet Data:
Actual
As Adjusted
Total assets
$
20,592
$
26,242
$
276,242
Total liabilities
$
200
$
200
$
200
Stockholders' equity
$
20,392
$
26,042
$
276,042
3
RISK FACTORS
Investing in our common
stock involves a high degree of risk. You should carefully consider the risks described below, together with the other information
contained in this prospectus, before making your decision to invest in shares of our common stock. We cannot assure you that any
of the events discussed in the risk factors below will not occur. These risks could have an adverse impact on our business, results
of operations, financial condition and cash flows. If any of the following risks develops into an actual event, the trading price
of our common stock could decline, and you could lose all or part of your investment.
Risks Related to our Business
As a company in the
early stage of development with an unproven business strategy, our limited history of operations makes evaluation of our business
and prospects difficult.
We were incorporated on
November 5, 2010 and our business is in the development stage. Our business prospects are difficult to predict because of our limited
operating history, early stage of development and unproven business strategy. While we intend to focus on our primary business
activity of acquiring rights to and reviving discontinued consumer product brands, no assurance can be given that we will be successful
in implementing our business plan. We may not ever generate revenues or attain profitable operations, and our management may not
succeed in realizing our business objectives.
We are uncertain of
our ability to function as a going concern, indicating the possibility that we may not be able to operate in the future.
To date, we have completed
only the initial stages of our business plan and we can provide no assurance that we will be able to generate a sufficient amount
of revenue, if any, from our business in order to achieve profitability. It is not possible at this time for us to predict with
assurance the potential success of our business. The revenue and income potential of our proposed business and operations are as
of yet unknown. If we cannot continue as a viable entity, you may lose some or all of your investment in our common stock. L.L.
Bradford & Company, LLC, our independent registered public accounting firm, has expressed substantial doubt about our ability
to continue as a going concern. This opinion could materially limit our ability to raise additional funds by issuing debt or equity
securities or otherwise. If we fail to raise sufficient capital when needed, we will not be able to completely execute our business
plan. As a result, we may have to cease our business and liquidate any assets we own, and purchasers of our common stock may lose
their entire investment. Potential purchasers of our common stock should consider our independent public accountant's opinion
about our ability to continue as a going concern when determining if an investment in us is suitable.
Our business will
fail if we are unable to identify, acquire, commercialize, market and sell discontinued consumer product brands or otherwise implement
our business plan successfully.
The success of our business
plan is dependent, among other things, on our ability to identify, acquire, commercialize, market and sell discontinued consumer
product brands. Our business will fail if we cannot successfully implement our business plan, or successfully market our planned
product and capabilities.
We expect to suffer
losses for the foreseeable future.
We expect to incur operating
losses for the foreseeable future. These losses will occur because we do not yet have yet sufficient revenues to offset the expenses
associated with the development of our planned business. We cannot guarantee that we will ever become successful in generating
sufficient revenues in the future. If we are unable to generate sufficient revenues, we will not be able to earn profits or continue
operations. If we are unsuccessful in addressing these risks, our business will most likely fail.
4
If our views on the
strength of nostalgia as a driver for sales of consumer products is erroneous, our financial condition and results of operations
would likely suffer.
We believe that there
is a potential market for discontinued consumer product brands based on the strength of nostalgia in the senior population. We
can give no assurance that our views on nostalgia, or its use as a marketing tool to sell products, will prove to be successful,
especially considering that any brands we may acquire were likely discontinued due to a lack of sales or popularity at such time.
If such views turn out to be erroneous, our results of operations and financial condition could be materially and adversely affected.
We intend to enter
a competitive market which could impact our ability to gain market share and accordingly could harm our financial performance.
The market for consumer
products is intensely competitive. Although we intend to differentiate from other companies in that we are marketing products based
in part on the strength of nostalgia in the senior population, there are a number of companies, many of which are established,
that sell numerous products that would compete with any brands we may acquire, many of which are household names. If we cannot
gain shelf space for our planned products at retailers or gain market share, our business and financial performance will be adversely
affected.
We may not be able
to execute our business plan or stay in business without additional funding.
Our ability to successfully
develop our business and eventually to generate operating revenues depends on our ability to obtain the necessary financing to
implement our business plan, including the funds we are seeking to raise in this offering. Whether or not we sell all of the shares
we are offering pursuant to this prospectus, we will require additional financing through the issuance of debt and/or equity in
order to implement our business plan, including identifying, acquiring and distributing consumer products, build inventory, hire
additional personnel as needed and eventually establish profitable operations. Such financing may not be forthcoming. As it has
been widely reported, global and domestic financial markets and economic conditions have been, and continue to be, disrupted and
volatile due to a variety of factors, including weak economic conditions. As a result, the cost of raising money in the debt and
equity capital markets has increased substantially while the availability of funds from those markets has diminished significantly,
even more so for smaller companies like ours. If such conditions and constraints continue, we may not be able to acquire additional
funds either through credit markets or through equity markets and, even if additional financing is available, it may not be available
on terms we find favorable. At this time, there are no anticipated sources of additional funding in place. Failure to sell all
3,000,000 shares we are offering pursuant to this prospectus and to secured additional funding when needed will have an adverse
effect on our ability to meet our obligations and remain in business.
If our estimates related
to expenditures are erroneous or inaccurate, our business may fail and you could lose your entire investment.
Our success is dependent
in part upon the accuracy of our management's estimates of expenditures for 2012 and beyond, including those we expect to
incur as a publicly reporting company, costs relating to acquiring rights to consumer product brands and commercialization of those
brands, website development, and advertising and administrative expenses, which management estimates to aggregate a minimum of
approximately $250,000 over the next 12 months. If such estimates are erroneous or inaccurate, or we encounter unforeseen expenses
and delays, we may not be able to carry out our business plan, which could result in the failure of our business and a loss of
your entire investment.
If we are unable to
identify and retain qualified personnel, our business and financial performance may suffer.
We expect to be dependent
on relationships with third parties in order to successfully commercialize our planned product lines. As a new company with very
limited operating history, we may have difficulty in retaining the personnel required by us. If we are unable to fill those key
positions or if we fail to hire or retain the necessary personnel, our business will suffer and you may lose your entire investment.
5
We need to retain
key personnel to support our product and ongoing operations.
Our future success depends
upon the continued service of Mr. William P. McDermitt, our chief executive officer and sole director, and Mr. Edward O'Donnell,
our vice president, chief financial officer and secretary, on whom we are relying to implement our business plan. The loss of the
services of either of Messrs. McDermitt and O'Donnell could negatively impact our ability to select and commercialize potential
brands, which could adversely affect our financial results and impair our operations.
Our chief executive
officer and sole director lacks experience in and with publicly traded companies.
While we intend to rely
heavily on Mr. McDermitt, he has no experience serving as an officer or director of a publicly traded company, or experience with
the reporting requirements which public companies are subject to. Additionally, Mr. McDermitt has no experience with the financial
accounting and preparation requirements of financial statements which we will be required to file on a quarterly and annual basis
under the Securities Exchange Act of 1934, as amended, once our registration statement, of which this prospectus is a part, is
declared effective. Consequently, our operations, earnings and ultimate financial success could suffer irreparable harm due to
our chief executive officer's ultimate lack of experience with publicly traded companies in general and especially in connection
with their lack of experience with the financial accounting and preparation requirements of the Exchange Act.
Risks Related to our Common Stock and this Offering
There is currently no public market for our securities,
and there can be no assurance that any public market will develop or that our common stock will be quoted for trading.
There is no public market
for our securities and there can be no assurance that an active trading market for the securities offered herein will develop after
this offering, or, if developed, be sustained. We intend to identify a market maker to file an application with the Financial Industry
Regulatory Authority ("FINRA") to have our common stock quoted on the Over-the-Counter Bulletin Board. We will have
to satisfy certain criteria in order for our application to be accepted. We do not currently have a market maker that is willing
to participate in this application process, and even if we identify a market maker, there can be no assurance as to whether we
will meet the requisite criteria or that our application will be accepted. Our common stock may never be quoted on the Over-the-Counter
Bulletin Board, or, even if quoted, a public market may not materialize.
If our securities are
not eligible for initial quotation, or if quoted, are not eligible for continued quotation on the Over-the-Counter Bulletin Board
or a public trading market does not develop, purchasers of the shares of common stock may have difficulty selling or be unable
to sell their securities should they desire to do so, rendering their shares effectively worthless and resulting in a complete
loss of their investment.
Because we will be subject to "penny stock"
rules if our shares are quoted on the Over-the-Counter Bulletin Board, the level of trading activity in our stock may be reduced.
Broker-dealer practices
in connection with transactions in "penny stocks" are regulated by penny stock rules adopted by the Securities and
Exchange Commission. Penny stocks generally are equity securities with a price of less than $5.00 (other than securities registered
on some national securities exchanges). The penny stock rules require a broker-dealer, prior to a transaction in a penny stock
not otherwise exempt from the rules, to deliver a standardized risk disclosure document 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 current bid
and offer quotations for the penny stock, the compensation of the broker-dealer and its salesperson in the transaction, and, if
the broker-dealer is the sole market maker, the broker-dealer must disclose this fact and the broker-dealer's presumed control
over the market, and monthly account statements showing the market value of each penny stock held in the customer's account.
In addition, broker-dealers who sell these securities to persons other than established customers and "accredited investors"
must make a special written determination that the penny stock is a suitable investment for the purchaser and receive the purchaser's
written agreement to the transaction. Consequently, these requirements may have the effect of reducing the level of trading activity,
if any, in the secondary market for a security subject to the penny stock rules. If a trading market does develop for our common
stock, these regulations will likely be applicable, and investors in our common stock may find it difficult to sell their shares.
6
FINRA sales practice requirements may limit a stockholder's
ability to buy and sell our stock.
FINRA has adopted rules
that require that in recommending an investment to a customer, a broker-dealer must have reasonable grounds for believing that
the investment is suitable for that customer. Prior to recommending speculative low priced securities to their non-institutional
customers, broker-dealers must make reasonable efforts to obtain information about the customer's financial status, tax status,
investment objectives and other information. Under interpretations of these rules, FINRA believes that there is a high probability
that speculative low priced securities will not be suitable for certain customers. FINRA requirements will likely make it more
difficult for broker-dealers to recommend that their customers buy our common stock, which may have the effect of reducing the
level of trading activity in our common stock. As a result, fewer broker-dealers may be willing to make a market in our common
stock, reducing a stockholder's ability to resell shares of our common stock.
State securities laws may limit secondary trading, which
may restrict the states in which you can sell the shares offered by this prospectus.
If you purchase shares
of our common stock sold pursuant to this offering, you may not be able to resell the shares in a certain state unless and until
the shares of our common stock are qualified for secondary trading under the applicable securities laws of such state or there
is confirmation that an exemption, such as listing in certain recognized securities manuals, is available for secondary trading
in such state. There can be no assurance that we will be successful in registering or qualifying our common stock for secondary
trading, or identifying an available exemption for secondary trading in our common stock in every state. If we fail to register
or qualify, or to obtain or verify an exemption for the secondary trading of our common stock in any particular state, the shares
of common stock could not be offered or sold to, or purchased by, a resident of that state. In the event that a significant number
of states refuse to permit secondary trading in our common stock, the market for the common stock will be limited, which could
drive down the market price of our common stock, and reduce the liquidity of the shares of our common stock and a stockholder's
ability to resell shares of our common stock at all or at current market prices, which could increase a stockholder's risk
of losing some or all of his investment.
If quoted, the price of our common stock may be volatile,
which may substantially increase the risk that you may not be able to sell your shares at or above the price that you may pay for
the shares.
Even if our shares are
quoted for trading on the Over-the-Counter Bulletin Board or other over-the-counter market following this offering and a public
market develops for our common stock, the market price of our common stock may be volatile. It may fluctuate significantly in response
to the following factors:
·
variations in quarterly operating results;
·
our announcements of the acquisition of assets and achievement of milestones, or the inability to so acquire assets or achieve
milestones;
·
our relationships with other companies or capital commitments;
·
additions or departures of key personnel;
·
sales of capital stock or termination of stock transfer restrictions;
·
changes in financial estimates by securities analysts, if any; and
·
fluctuations in stock market price and volume.
7
Your inability to sell your shares during a decline in the price
of our stock may increase losses that you may suffer as a result of your investment.
We arbitrarily determined the price of the shares of our
common stock to be sold by us pursuant to this prospectus, and such price may not reflect the actual market price for the securities.
The initial offering price
of $0.10 per share of common stock offered by us pursuant to this prospectus was determined by us arbitrarily. The price is not
based on our financial condition or prospects, market prices of similar securities of comparable publicly traded companies, certain
financial and operating information of companies engaged in similar activities to ours, or general conditions of the securities
market. The price may not be indicative of the market price, if any, for our common stock in the trading market after this offering.
The market price of our common stock may decline below the initial public offering price. The stock market has experienced extreme
price and volume fluctuations. In the past, securities class action litigation has often been instituted against various companies
following periods of volatility in the market price of their securities. If instituted against us, regardless of the outcome, such
litigation would result in substantial costs and a diversion of management's attention and resources, which would increase
our operating expenses and affect our financial condition and business operations.
Because we do not intend to pay any dividends on our common
stock, holders of our common stock must rely on stock appreciation for any return on their investment.
We have not declared or
paid any dividends on our common stock since our inception, and we do not anticipate paying any such dividends for the foreseeable
future. Accordingly, holders of our common stock will have to rely on capital appreciation, if any, to earn a return on their investment
in our common stock.
Additional issuances of our securities may result in immediate
dilution to existing stockholders.
We are authorized to issue
up to 50,000,000 shares of common stock, $ 0.001 par value, of which 3,800,000 shares of common stock currently issued and outstanding.
Our Board of Directors has the authority to cause us to issue additional shares of common and preferred stock, and to determine
the rights, preferences and privilege of such shares, without consent of any of our stockholders. We may issue shares in connection
with financing arrangements or otherwise. Any such issuances will result in immediate dilution to our existing stockholders'
interests, which will negatively affect the value of your shares.
The market price of our
common stock could decline as a result of sales of a large number of shares of our common stock available for sale after completion
of this offering, or the perception that such sales could occur. These sales, or the possibility that these sales may occur, also
may make it more difficult for us to raise additional capital by selling equity securities in the future, at a time and price that
we deem appropriate.
We cannot predict the
size of future issuances of our common stock or the effect, if any, that future issuances and sales of shares of our common stock
may have on the market price of our common stock. Sales or distributions of substantial amounts of our common stock, including
shares issued in connection with an acquisition, or the perception that such sales or distributions could occur, may cause the
market price of our common stock to decline.
We have broad discretion in the use of the net proceeds
to us from this offering and may not use them in a manner in which our stockholders would consider appropriate.
We cannot specify with
certainty the particular uses of the net proceeds that we will receive from this offering, although we intend to use a portion
for the purchase of rights to as-yet unidentified discontinued consumer product brands. Our management will have broad discretion
in the application of the net proceeds, including for any of the purposes described under the heading "Use of Proceeds"
included elsewhere in this prospectus. Our stockholders may not agree with the manner in which our management chooses to allocate
and spend the net proceeds. The failure by our management to apply these funds effectively could have an adverse effect on our
business. Pending their use, we may invest the net proceeds from this offering in short-term securities or other investment products.
8
Any issuance of preferred stock could make it difficult
for another company to acquire us or could otherwise adversely affect holders of our common stock, which could depress the price
of our common stock.
Our board of directors
has the authority to issue preferred stock and to determine the preferences, limitations and relative rights of shares of preferred
stock and to fix the number of shares constituting any series and the designation of such series, without any further vote or action
by our stockholders. Our preferred stock could be issued with voting, liquidation, dividend and other rights superior to the rights
of our common stock. The potential issuance of preferred stock may delay or prevent a change in control of us, discouraging bids
for our common stock at a premium over the market price, and adversely affect the market price and the voting and other rights
of the holders of our common stock.
FORWARD LOOKING STATEMENTS
This prospectus contains "forward-looking
statements." Such statements can be identified by the use of forward-looking terminology such as "believes,"
"expects," "may," "estimates," "will," "should," "intends,"
"plans" or "anticipates" or the negative thereof or other variations thereon or comparable terminology,
or by discussions of strategy. Readers are cautioned that any such forward-looking statements are not guarantees of future performance
and may involve significant risks and uncertainties, and that actual results may vary materially from those in the forward-looking
statements as a result of various factors.
Prospective investors are cautioned not
to place undue reliance on forward-looking statements. All written and oral forward-looking statements attributable to us or persons
acting on our behalf are qualified in their entirety by those cautionary statements. Any forward-looking statements which we make
in this prospectus speak only as of the dates of such statements, and we undertake no obligation to update any such factors or
to publicly announce the result of any revisions to any of the forward-looking statements contained in this prospectus to reflect
future events or developments. Comparisons of results for current and any prior periods are not intended to express any future
trends or indications of future performance, unless expressed as such, and should only be viewed as historical data.
Forward-looking statements include, but
are not limited to, statements about:
·
our anticipated future results of operations and operating cash flows;
·
our ability to successfully identify, acquire, commercialize and sell discontinued consumer product brands;
·
our business plan;
·
our competitive position and the effects of competition on our planned business;
·
potential growth opportunities available to us;
·
the recruitment and retention of employees and consultants; and
·
our potential operating performance, achievements and efficiency.
9
USE OF PROCEEDS
We estimate that we will
receive approximately $250,000 in net proceeds from this offering, after deducting estimated expenses of $50,000 payable by us,
assuming the sale of all 3,000,000 shares of common stock we are offering pursuant to this prospectus.
We expect to use the net
proceeds that we receive from this offering to purchase the rights to and commercialize discontinued consumer product brands, and
for general corporate purposes, including to partially fund the cost of this offering. However, as of the date of this prospectus,
we have no definitive agreement relating to any such acquisition or investment.
We have not yet determined
the amount of net proceeds to be used specifically for any specific purpose. Accordingly, management will have significant flexibility
in applying the net proceeds of this offering. Pending the application of the net proceeds from this offering, the net proceeds
may be invested in short-term securities or other investment products.
Assuming all of the shares
being offered by us are sold, resulting in gross proceeds to us of $300,000, we expect to use the proceeds in the priority set
forth below, within the first 12 months after successful completion of this offering and receipt of the funds.
Proceeds to us
$
300,000
Expenses relating to this offering
$
50,000
Expenditures:
Product acquisitions
25,000
Manufacturing
100,000
Advertising and marketing
75,000
Miscellaneous
10,000
Working capital and general corporate purposes
40,000
$
300,000
DIVIDEND POLICY
We have not paid any dividends since our
inception and do not anticipate the payment of dividends in the foreseeable future. At present, our policy is to retain earnings,
if any, to develop and market our business. The payment of dividends in the future will depend upon, among other factors, our earnings,
capital requirements, and operating financial conditions.
10
DILUTION
Our net tangible book value as of March
31, 2012 was approximately $26,042, or $0.007 per share of common stock based on 3,800,000 shares of common stock outstanding as
of such date. Net tangible book value per share represents the amount of our total tangible assets less total liabilities, divided
by the number of shares of common stock outstanding as of March 31, 2012. Dilution in net tangible book value per share to new
investors represents the difference between the amount per share paid by purchasers of shares in this offering and the net tangible
book value per share of common stock immediately after completion of this offering.
After giving effect to the sale of all the
shares being sold pursuant to this offering at the offering price of $0.10 per share, and after deducting estimated offering expenses
payable by us in the amount of $50,000, our net tangible book value would be approximately $276,042, or $0.041 per share of common
stock. This represents an immediate increase in net tangible book value of $0.034 per share of common stock to existing stockholders
and an immediate dilution in net tangible book value of $0.059 per share, or 59% per share, to new investors purchasing the
shares in this offering.
The following table illustrates this per
share dilution if all 3,000,000 shares are sold:
Offering ($0.10)
Public offering price per share of common stock
$
0.100
Net tangible book value per common share as of March 31, 2012
$
0.007
Increase in net tangible book value per share attributable to existing stockholders
$
0.034
Net tangible book value per share as adjusted after this offering
$
0.041
Dilution per share to new investors
$
0.059
Because we are offering up to 3,000,000
shares on a best efforts basis and there are no minimum proceeds required to close this offering, it is probable that we may be
able to sell less than 3,000,000 shares that we are offering. The following tables provide the per share dilution if 75%, 50%,
and 25% of the 3,000,000 shares offered pursuant to this prospectus are sold:
After giving effect to the sale of 75%,
or 2,250,000 shares being sold pursuant to this offering at the offering price of $0.10 per share, and after deducting estimated
offering expenses payable by us in the amount of $50,000, our net tangible book value would be approximately $201,042, or $0.033
per share of common stock. This represents an immediate increase in net tangible book value of $0.026 per share of common stock
to existing stockholders and an immediate dilution in net tangible book value of $0.067 per share, or 67% per share, to new
investors purchasing the shares in this offering.
The following table illustrates this per
share dilution if 75%, or 2,250,000 shares are sold:
Offering ($0.10)
Public offering price per share of common stock
$
0.100
Net tangible book value per common share as of March 31, 2012
$
0.007
Increase in net tangible book value per share attributable to existing stockholders
$
0.026
Net tangible book value per share as adjusted after this offering
$
0.033
Dilution per share to new investors
$
0.067
After giving effect to the sale of 50%, or 1,500,000 shares
being sold pursuant to this offering at the offering price of $0.10 per share, and after deducting estimated offering expenses
payable by us in the amount of $50,000, our net tangible book value would be approximately $126,042, or $0.024 per share of common
stock. This represents an immediate increase in net tangible book value of $0.017 per share of common stock to existing stockholders
and an immediate dilution in net tangible book value of $0.076 per share, or 76% per share, to new investors purchasing the
shares in this offering.
11
The following table
illustrates this per share dilution if 50%, or 1,500,000 shares are sold:
Offering ($0.10)
Public offering price per share of common stock
$
0.100
Net tangible book value per common share as of March 31, 2012
$
0.007
Increase in net tangible book value per share attributable to existing stockholders
$
0.017
Net tangible book value per share as adjusted after this offering
$
0.024
Dilution per share to new investors
$
0.076
After giving effect to the sale of 25%,
or 750,000 shares being sold pursuant to this offering at the offering price of $0.10 per share, and after deducting estimated
offering expenses payable by us in the amount of $50,000, our net tangible book value would be approximately $51,042, or $0.011
per share of common stock. This represents an immediate increase in net tangible book value of $0.004 per share of common stock
to existing stockholders and an immediate dilution in net tangible book value of $0.089 per share, or 89% per share, to new
investors purchasing the shares in this offering.
The following table illustrates this per
share dilution if 25%, or 750,000 shares are sold:
Offering ($0.10)
Public offering price per share of common stock
$
0.100
Net tangible book value per common share as of March 31, 2012
$
0.007
Increase in net tangible book value per share attributable to existing stockholders
$
0.004
Net tangible book value per share as adjusted after this offering
$
0.011
Dilution per share to new investors
$
0.089
The following table summarizes the number
and percentage of shares purchased, the amount and percentage of consideration paid, and the average price per share paid by our
existing stockholders and by new investors in this offering, assuming the sale of all of the shares we are offering pursuant to
this prospectus:
Price
Per Share
Number of
Shares Held
Percent of
Ownership
Aggregate
Consideration
Paid
Existing stockholders
$
0.01
3,800,000
55.88
%
$
38,000
Investors in this offering
$
0.10
3,000,000
44.12
%
$
300,000
12
MARKET FOR OUR COMMON STOCK
Market Information
There is no established public market for
our common stock.
We intend to seek a market maker to file
an application with the Financial Industry Regulatory Authority, Inc., or FINRA, to have our common stock quoted on the Over-the-Counter
Bulletin Board or the OTC Pink market. We will have to satisfy certain criteria in order for our application to be accepted. We
do not currently have a market maker that is willing to participate in this application process, and even if we identify a market
maker, there can be no assurance as to whether we will meet the requisite criteria or that our application will be accepted. Our
common stock may never be quoted on the Over-the-Counter Bulletin Board or the OTC Pink market, or, even if quoted, a liquid or
viable market may not materialize. There can be no assurance that an active trading market for our shares will develop, or, if
developed, that it will be sustained.
We have issued 3,800,000 shares of our common
stock since our inception on November 5, 2010. There are no outstanding options or warrants or securities that are convertible
into shares of common stock.
Holders
We had 44 holders of record of our common
stock as of May 18, 2012.
Securities Authorized for Issuance under
Equity Compensation Plans
We have not established any compensation
plans under which equity securities are authorized for issuance.
13
MANAGEMENT'S DISCUSSION AND ANALYSIS
OF
FINANCIAL CONDITION AND RESULTS OF OPERATIONS
The
following discussion of our financial condition and results of operation should be read in conjunction with the financial statements
and related notes that appear elsewhere in this prospectus. This discussion contains forward-looking statements and information
relating to our business that reflect our current views and assumptions with respect to future events and are subject to risks
and uncertainties, including the risks in the section entitled Risk Factors beginning on page 3, that may cause our or our industry's
actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity,
performance or achievements expressed or implied by these forward-looking statements.
These
forward-looking statements speak only as of the date of this prospectus. Although we believe that the expectations reflected in
the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, or achievements. Except
as required by applicable law, including the securities laws of the United States, we expressly disclaim any obligation or undertaking
to disseminate any update or revisions of any of the forward-looking statements to reflect any change in our expectations with
regard thereto or to conform these statements to actual results. We are in a developmental stage. We have not generated any revenues
to date. Our entire activity since our inception has been to launch our planned business and prepare for our proposed fundraising
through an offering of our equity securities.
Overview
We aim to acquire ownership
and other rights to discontinued consumer product brands, with the ultimate goal of reviving these products and commercializing
them, based on an idea that nostalgia for such brands will be a powerful incentive to purchase among the senior population. We
believe that many formerly popular brand names that were discontinued by their parent companies still resonate with the senior
population and if so revived and made available in supermarkets and other retail establishments, would attract this population
and others as consumers.
We are a development stage
company and have limited operations. For the period from November 5, 2010 (Inception) to December 31, 2011, we have not generated
any revenue and incurred net losses of $108.00. Due to the "start up" nature of our business, we expect to incur losses
as we expand. To date, our cash flow requirements have been met by an equity financing. If we are unable to successfully sell our
common stock in this offering, generate sufficient profits or otherwise obtain additional funds for our working capital needs,
we may need to cease or curtail operations. Furthermore, there is no assurance the net proceeds from any successful financing arrangement,
including this offering, will be sufficient to cover cash requirements during the initial stages of our operations. For these reasons,
our auditors believe that there is substantial doubt that we will be able to continue as a going concern.
We will
be unable to begin our proposed operations unless and until we are able to sell our common stock in this offering. We expect to
receive net proceeds from such sale, assuming the sale of all 3,000,000 shares of common stock we are offering, of approximately
$250,000, which we intend to primarily utilize for the identification, purchase and commercialization of one or more discontinued
consumer product brands, including advertising for such brand or brands, as well as for the other purposes set forth under "Use
of Proceeds" elsewhere in this prospectus. We have not yet identified a particular product or brand to purchase.
Our business
plan, which assumes that we will not derive any significant revenues from sales for at least 12 months from the date of this prospectus,
contemplates that the net proceeds that we expect to receive from the sale of all of the shares of common stock we are offering
for sale should be sufficient to sustain our proposed operations for at least 12 months after our receipt of such net proceeds.
Business Activities to Date
As of the date of this
prospectus, we have spent time researching our proposed business and identifying potential product acquisitions. Further, we have
registered our website name www.nostalgiafamilybrands.com.
14
Results of Operations
We have not generated
any revenues since our inception on November 5, 2010. During the period from inception to March 31, 2012, our operating expenses
were primarily comprised of general and administrative expenses of $11,958.
Our total assets as
of March 31, 2012 are $26,242, consisting of cash on hand totaling $14,242 and prepaid legal expense of $12,000.
Known Trends and Uncertainties
The success of our business
plan is dependent, among other things, on our ability to identify, acquire, commercialize, market and sell discontinued consumer
product brands. Our business will fail if we cannot successfully implement our business plan, or successfully market our planned
product and capabilities. Additionally, if our views on the strength of nostalgia as a driver for sales of consumer products is
erroneous, our financial condition and results of operations would likely suffer. See "Risk Factors–Risks Related to
our Business."
Expenditures
Assuming all of the shares
being offered by us are sold, resulting in gross proceeds to us of $300,000, we expect to use the proceeds in the priority set
forth below, within the first 12 months after successful completion of this offering and receipt of the funds.
Proceeds to us
$
300,000
Expenses relating to this offering
$
50,000
Expenditures:
Product acquisitions
25,000
Manufacturing
100,000
Advertising and marketing
75,000
Miscellaneous
10,000
Working capital and general corporate purposes
40,000
$
300,000
We will need to raise $300,000 from our
offering to complete our projected 12-month plan. If we are not successful in raising this amount, it will impact our ability to
acquire, manufacture and commercialize discontinued consumer product brands. If we are unable to raise the maximum amount being
offered in this offering, we would reduce the number of brands purchased, which would result in less funds needed to be allocated
for manufacturing and advertising, among other expenditures.
Liquidity and Capital Resources
We are a development stage company with
limited operating history. There is a limited operating history by which to evaluate the likelihood of our success or our ability
to exist as a going concern. To date, we have not generated any revenues. We intend to use the net proceeds received from the sale
of the 3,000,000 shares of common stock pursuant to this offering towards the execution of our business plan. There can be no assurance
that we will sell any of such shares and accordingly we may receive no proceeds from this offering. If any of the above events
happen, we will require additional funding in order to continue operations for the first 12 months. If we do complete the implementation
of our business plan, we may nevertheless not be able to generate sufficient revenues to become profitable, and will likely need
additional funding to continue operations. We may never secure any additional funding necessary to continue our operations. At
the present time, we have not made any arrangements to raise additional funds. If we need additional funds, we may seek to obtain
additional funds through additional private placement(s) of equity or debt. We have no other financing plans at this time.
15
Going Concern Consideration
The report of our independent registered
accounting firm expresses concern about our ability to continue as a going concern based on the absence an established source of
revenue, recurring losses from operations, and our need for additional financing in order to fund our operations in 2012. Please
see footnote 3 to our December 31, 2011 financial statements for additional information.
Recently Issued Accounting Pronouncements
In January 2010, the FASB issued Accounting
Standards Update No. 2010-06, Improving Disclosures about Fair Value Measurements ("ASU No. 2010-06"). ASU No. 2010-06
amends FASB ASC Topic 820, to require additional information to be disclosed principally regarding Level 3 measurements and transfers
to and from Level 1 and 2. In addition, enhanced disclosure is required concerning inputs and valuation techniques used to determine
Level 2 and Level 3 measurements. This guidance is generally effective for interim and annual reporting periods beginning after
December 15, 2009; however, requirements to disclose separately purchases, sales, issuances, and settlements in the Level 3 reconciliation
are effective for fiscal years beginning after December 15, 2010 (and for interim periods within such years). The update did not
have a material impact on our results of operations or financial position.
In February 2010, the FASB issued Accounting
Standards Update No. 2010-09, Amendments to Certain Recognition and Disclosure Requirements ("ASU No. 2010-09"). ASU
No. 2010-09 amends FASB ASC Topic 855-10, Subsequent Events, to remove the requirement for an SEC filer to disclose the date through
which subsequent events have been evaluated in both issued and revised financial statements. This change alleviates potential conflicts
between ASC 855-10 and the SEC's requirements. The update did not have a material impact on our results of operations or
financial position.
In March 2010, the FASB issued Accounting
Standards Update No. 2010-11, which is included in the Codification under ASC 815, Derivatives and Hedging ("ASC 815").
This update clarifies the type of embedded credit derivative that is exempt from embedded derivative bifurcation requirements.
Only an embedded credit derivative that is related to the subordination of one financial instrument to another qualifies for the
exemption. This guidance is effective for interim and annual reporting periods beginning January 1, 2010. The adoption of this
standard did not have a material impact on our results of operations or financial position.
In April 2010, the FASB issued ASU
No. 2010-13,
Effect of Denominating the Exercise Price of a Share-Based Payment Award in the Currency of the Market in
Which the Underlying Equity Security Trades
("ASU 2010-13"). ASU 2010-13 addresses the classification of a share-based
payment award with an exercise price denominated in the currency of a market in which the underlying equity security trades. FASB
ASC Topic 718 was amended to clarify that a share-based payment award with an exercise price denominated in the currency of a market
in which a substantial portion of the entity's equity securities trade shall not be considered to contain a market, performance
or service condition. Therefore, such an award is not to be classified as a liability if it otherwise qualifies for equity classification.
The amendments in ASU 2010-13 are effective for fiscal years, and interim periods within those fiscal years, beginning on or after
December 15, 2010, with early application permitted. We do not believe that the adoption of this standard will have a material
impact on our results of operations or financial position.
In December 2010, the FASB issued ASU No.
2010-28,
When to Perform Step 2 of the Goodwill Impairment Test for Reporting Units with Zero or Negative Carrying Amounts
("ASU
2010-28"). ASU 2010-28 modifies Step 1 of the goodwill impairment test for reporting units with zero or negative carrying
amounts. This eliminates an entity's ability to assert that a reporting unit is not required to perform Step 2 because the
carrying amount of the reporting unit is zero or negative despite the existence of qualitative factors that indicate the goodwill
is more likely than not impaired. ASU 2010-28 is effective for fiscal and interim periods beginning after December 15, 2010. We
do not believe that the adoption of this standard will have a material impact on our results of operations or financial position.
16
In December 2010, the FASB issued ASU No.
2010-29,
Disclosure of Supplementary Pro Forma Information for Business Combinations
("ASU 2010-29"). ASU 2010-29
specifies that if a public entity presents comparative financial statements, the entity should disclose revenue and earnings of
the combined entity as though the business combination that occurred during the current year had occurred as of the beginning of
the comparable prior annual reporting period only. ASU 2010-29 is effective prospectively for business combinations for which the
acquisition date is on or after the beginning of the first annual reporting period beginning on or after December 15, 2010. We
do not believe that the adoption of this standard will have a material impact on our results of operations or financial position.
In May 2011, the FASB issued ASU No. 2011-04,
Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S.GAAP and IFRSs
("ASU 2011-04")
that provides clarification about the application of existing fair value measurements and disclosure requirements and expands certain
other disclosure requirements. ASU 2011-04 amends U.S. GAAP to provide common fair value measurements and disclosure requirements
with International Financial Reporting Standards. The amendments in this ASU are effective prospectively for interim and annual
periods beginning after December 15, 2011, with no early adoption permitted. We do not believe that the adoption of this standard
will have a material impact on our results of operations or financial position.
In June 2011, the FASB issued ASU No. 2011-05,
Presentation of Comprehensive Income
("ASU No. 2011-05") that improves the comparability, consistency, and transparency
of financial reporting and increases the prominence of items reported in other comprehensive income by eliminating the option to
present components of other comprehensive income as part of the statement of changes in stockholders' equity. ASU No. 2011-05
requires that all non-owner changes in stockholders' equity be presented either in a single continuous statement of comprehensive
income or in two separate but consecutive statements. In both methods, the entity is required to present on the face of the financial
statements reclassification adjustments for items that are reclassified from other comprehensive income to net income in the statement(s)
where the component of net income and the components of other comprehensive income are presented. ASU No. 2011-05 is effective
for fiscal years, and interim periods within those years, beginning after December 15, 2011 and is to be applied retrospectively,
with early adoption permitted. We do not believe that the adoption of this standard will have a material impact on our results
of operations or financial position.
In September 2011, the FASB issued ASU No.
2011-08, Testing Goodwill for Impairment ("ASU 2011-08") that permits an entity to first assess qualitative factors
to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis
for determining whether it is necessary to perform the required annual goodwill impairment test. The ASU 2011-08 is effective for
annual and interim goodwill impairment tests performed for fiscal years beginning after December 15, 2011; however, early adoption
is permitted. We do not believe that the adoption of this standard will have a material impact on our results of operations or
financial position.
Off-Balance Sheet Arrangements
We have no off-balance
sheet arrangements.
17
PROPOSED BUSINESS
Overview
We were formed on November
5, 2010. We aim to acquire ownership and other rights to discontinued consumer product brands, with the ultimate goal of reviving
these products and commercializing them, based on an idea that nostalgia for such brands will be a powerful incentive to purchase
among the 55 and over population, which we refer to in this prospectus as the senior population. We believe that many formerly
popular brand names that were discontinued by their parent company still resonate with the senior population and if so revived
and made available in supermarkets and other retail establishments, would attract this population and others as consumers.
We believe that as a person
ages, he or she often feels left behind and tends to remember the "good old days" when life was simpler. We believe
we can tap into these feelings and use it as a trigger for purchasing decisions, as studies have shown that seniors miss their
youth and many of the products which they used during childhood that are no longer available. According to a December 2010 study
from Arizona State University's W.P. Carey School of Business, a significant number of the senior population miss the life
they led as children and younger adults, and many of the products which they used during that time and which are no longer available.
We believe that the combination of familiarity and positive associations linger as a person ages, and we intend to build on these
associations to revive a retail presence for one or more discontinued consumer product brands that at one time was widely recognized.
We are a development stage
company and have limited operations. For the period from November 5, 2010 (Inception) to March 31, 2012, we have not generated
any revenue and incurred net losses of $11,958. Due to the "start up" nature of our business, we expect to incur losses
as we expand. To date, our cash flow requirements have been met by an equity financing. If we are unable to successfully sell our
common stock in this offering, generate sufficient profits or otherwise obtain additional funds for our working capital needs,
we may need to cease or curtail operations. Furthermore, there is no assurance the net proceeds from any successful financing arrangement,
including this offering, will be sufficient to cover cash requirements during the initial stages of our operations. For these reasons,
our auditors believe that there is substantial doubt that we will be able to continue as a going concern.
Proposed Products
We intend to target for
purchase the intellectual property and other rights to discontinued consumer product brands. We consider a product to be discontinued
if it is no longer available at traditional retail levels such as at groceries and drug stores, or on the internet.
We do not currently have
any products for sale or own any brand names to commercialize in accordance with our business plan. To date, we have researched
over 100 discontinued products and have our focus on 20 of these products in three categories of consumer products: candy, food
other than candy, and personal products, as follows:
·
Candy
. Bit-O-Licorice, Big Yank, Old Nick and Hollywood candy bars.
·
Food Other Than Candy
. Amazo Instant Dessert, Ballard Cornbread Mix, Cocomalt, Hydrox Cookies,
Krumbles Cereal, Ann Page Pork and Beans, Pep Cereal, Puffa Puffa Rice Cereal and Van Camp's Chili Con Carne.
·
Personal Products
. Calox Tooth Powder, Chipso Laundry Soap, Forhans for the Gums, Rapid Shave,
Shower Mate, Stopette Deodorant and Sun 'N' Surf.
We can give no assurance that we will be successful
in acquiring rights to any of the above targeted products or any other discontinued products. We do not believe that any of our
targeted products are available on the internet or at the retail level.
Upon raising funds in
this offering, of which we can give no assurance, we intend to acquire at least one product from each category, depending on the
amount of funds raised and the asking price for the rights to those products. Some of these product brands we intend to target
for acquisition are in public domain while the rights to others are still owned by companies from whom we would endeavor to acquire
the manufacturing and distribution rights, either on a royalty basis or outright purchase.
18
Demographics
According to our research:
·
An estimated 55 million people in the United States are over the age of 55. We believe this large
and growing segment of the population are a viable demographic market, with more financial resources and an increasing awareness
of their power as consumers. Accordingly to George Moschis, Director of Georgia's State Center for Mature Consumer Studies,
by 2020, the senior population is expected to number approximately 115 million.
·
The number of U.S. persons age 65 and over in 2010 was estimated at 43 million persons according to
the World Factbook (2010 Edition), approximately 13% of the nation's total, and greater than the populations of more than
200 of the world's countries (GeoHive.com-2010). It is estimated that U.S. persons age 65 and over may increase in size by
40% by 2017.
·
The senior population controls in excess of three-fourths of the United States' wealth, and
the 65 and over age group - a subset of the senior population - has twice as much per capita income as the average baby boomer
(George Moschis, Director of Georgia's State Center for Mature Consumer Studies).
·
The senior population possesses over $900 billion in spending money, and nearly a quarter of householders
aged 65 to 69 have a net worth of $250,000 or more (George Moschis, Director of Georgia's State Center for Mature Consumer
Studies).
·
Only 31% of members of the 65 and over age group use the internet, according to the 2004 Pew Research
Center's Internet and American Life Project, which was updated in August 2010. The study found that many seniors do not find
the internet to be relevant to their lives (48%), are uncomfortable with computers (60%) and are not interest in going on-line
(90%).
The most recently available
U.S. government statistics, from 2005, show that Florida has the highest population of people aged 65 and over, followed by Pennsylvania,
West Virginia, North Dakota, Georgia, Alabama and Mississippi. According to the report from the 2006 Federal Interagency report
on aging, 32 states had a proportion of older people that equaled or exceeded the national proportion of 13 percent. Florida had
the highest proportion of older people (16.7 percent), followed by West Virginia and Pennsylvania (14.9 percent and 14.8 percent,
respectively). Numerically, California had the largest older population (3.6 million). Florida and New York ranked second and third
with 2.8 million and 2.3 million, respectively.
Marketing, Advertising and Distribution
We plan to market our
planned product brands using a mix of radio and print media advertising. Advertising on radio is expected to commence in the areas
most concentrated with a senior population. Our website will not initially offer our products for sale, but rather will direct
potential consumers to area retail outlets carrying our products.
We also intend to purchase
advertising space with shares of our common stock, as well as cash, for particular regions of major weekend supplements, such as
Parade and USA Weekend, to specifically target our market and advise the senior population that their favorite brands are once
again available at retail stores in their area. We believe that advertising can be purchased for cash or stock with little or no
lead time at substantial discounts from prevailing market prices for "remainders" – sections of a national run
by these and other publications when not sold by print time.
We expect that if and
when demand is created through our advertising campaigns, it will be easier to retain independent manufacturer's representatives
to sell our products to regional buyers at independent retailers, and retailers will be more likely to stock our products as a
result of advertising-generated demand. These independent representatives also obviate the need for us to have sales personnel
on our payroll, thus keeping our labor costs down. We expect independent representatives would charge us a fee of between 5% and
15% of any sales brokered by them, with potential bonuses for hitting pre-determined sales levels.
19
We intend to ultimately
sell our products primarily in the mass market retail channel in all 50 states, including to supermarket chains, drug stores, gas
station marts, mass merchandisers and warehouse clubs.
Production
We expect that all product
production would initially be out-sourced to third-party manufacturers.
Competition
Our proposed business
is subject to significant competition. The food and consumer products industry is fragmented, highly competitive and is dominated
by large multinational companies including among others Nestle, Kraft Foods, Mars, Proctor & Gamble and Unilever, as well as
smaller competitors, many of whom have already established their brand name recognition in our proposed markets. Additionally,
many of our competitors have significantly larger marketing personnel and cash resources than we have. Moreover, competition for
shelf space in grocery stores and other retail outlets is intense and poses great difficulty for smaller food and consumer product
companies and distributors.
We intend to offer distinctive
products, which address specific consumer needs. We will target the senior population where nostalgia is expected to be a strong
motivator for purchases. However, these efforts will not guarantee that we will be competitive or that our business plan will be
successful. Further, we intend to compete with other companies that see the value of reintroducing discontinued product brands;
however, we believe that this market is small enough for us to compete.
We believe that competition
is based principally upon availability, price, quality and efficacy of products, customer service, brand name and marketing and
trade support, and successful new product introductions.
Intellectual Property
We do not own any intellectual
property. As part of our acquisition strategy, we will endeavor to purchase all relevant trademarks, trade names, trade secrets
and other intellectual property of the consumer product brands we are targeting.
Research and Development Activities
Other
than time spent researching our proposed business and identifying potential product acquisitions, we have not spent any funds on
research and development activities to date. We do not currently plan to spend any material funds on research and development activities
in the future.
Employees
We do
not presently have any employees other than our executive officers, neither of whom are expected to be full-time employees. Our
officers are responsible for all planning, developing and operational duties, and will continue to do so throughout the early stages
of our growth. We have no intention of hiring employees until our business has been successfully launched and we have sufficient,
reliable revenue from our operations, which is not expected for at least the next 12 months.
We intend
to retain independent manufacturer's representations to seek buyers of our products, once available. We have not yet identified
any such independent representatives.
20
Properties
We do
not own interests in any real property. We currently operate from our office located in Atlantic Highlands, New Jersey.
We believe
our properties are in good operating condition and adequately serve our current business operations. We also anticipate suitable
additional or alternative space will be available at commercially reasonable terms of future expansion to the extent necessary.
Legal Proceedings
Currently, there are no legal proceedings
pending or to our knowledge threatened against us.
21
MANAGEMENT
Set forth
below is a list of the names, ages and positions of our executive officers and sole director.
Name
Age
Position(s)
William P. McDermitt
83
Chief Executive Officer, President and Director
Edward O'Donnell
46
Vice President, Chief Financial Officer and Secretary
Biographies of Executive Officers and Sole Director
William P. McDermitt
has had a long and varied career in marketing and advertising of food and personal products, starting as a sales representative
in 1953 for Proctor & Gamble selling case foods to supermarket chains. He has held positions since then at the Drug Research
Corporation selling drug products to wholesalers and chain drug stores in 11 western states, from 1957 to 1959; Young & Rubicam
Advertising Agency as an account manager of personal products and baby products for Johnson & Johnson, from 1960 to 1969; and
with consumer magazines in advertising sales management positions including The New York Times Magazine, Ladies' Home Journal
and McCall's, selling major corporations on advertising their brands in the publications, from 1970 to 1997. Accounts have
included General Foods, Johnson & Johnson, Bristol Myers, S.C. Johnson Co. and General Mills. Since stepping down from his
sales management position at McCall's Magazine in 1997, Mr. McDermitt has been active as a volunteer at Riverview Hospital
in Red Bank, New Jersey. Mr. McDermitt has a B.S. in Marketing from the New York University School of Commerce.
Edward O'Donnell
has been Vice President, Finance, of Augme Technologies, Inc., a mobile marketing and technology company, since December 2010.
Prior to that, until November 2010, he was the Secretary and Chief Financial Officer of Carlyle Capital Group. Prior to that, he
was the Senior Vice President of Finance & Investor Relations at ACTV, Inc. a digital media company prior to its acquisition
by Liberty Media. He has provided financial and modeling expertise for many innovative projects from development stage through
deployment and has implemented systems and controls that lead to accurate and timely financial results. Mr. O'Donnell is
a member of the New York State and American Institute of Certified Public Accountant, holds a B. S. Degree in accounting from Villanova
University, and in 2003 received an M.B.A. Degree from Columbia University Business School.
Board Composition
Our Bylaws provide that
the Board of Directors shall consist of at least one member, and that our stockholders shall determine the number of directors
from time to time. Each director serves for a term that expires until the next annual meeting of stockholders and until his successor
shall have been elected and qualified, or until his earlier resignation, removal from office, or death.
Committees of the Board of Directors
We do not presently have
a separately constituted audit committee, compensation committee, nominating committee, executive committee or any other committees
of our Board of Directors. Nor do we have an audit committee "financial expert." As such, our Board of Directors acts
as our audit committee and handles matters related to compensation and nominations of directors.
Director Independence
We are not subject to
listing requirements of any national securities exchange or national securities association and, as a result, we are not at this
time required to have our board comprised of a majority of "independent directors." Our determination of independence
of directors is made using the definition of "independent director" contained in Rule 4200(a)(15) of the Marketplace
Rules of the Nasdaq Stock Market, even though such definition does not currently apply to us because we are not listed on Nasdaq.
Under this definition, our sole director is not independent.
22
Involvement in Certain Legal Proceedings
No director, person nominated
to become a director, executive officer, promoter or control person of our company has, during the last five years: (i) been convicted
in or is currently subject to a pending a criminal proceeding (excluding traffic violations and other minor offenses); (ii) been
a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding
was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject
to any federal or state securities or banking or commodities laws including, without limitation, in any way limiting involvement
in any business activity, or finding any violation with respect to such law, nor (iii) any bankruptcy petition been filed by or
against the business of which such person was an executive officer or a general partner, whether at the time of the bankruptcy
or for the two years prior thereto.
Stockholder Communications with the Board
We have not implemented
a formal policy or procedure by which our stockholders can communicate directly with our Board of Directors. Nevertheless, every
effort will be made to ensure that the views of stockholders are heard by our Board of Directors, and that appropriate responses
are provided to stockholders in a timely manner. During the upcoming year, our Board will continue to monitor whether it would
be appropriate to adopt such a process.
Compensation Committee Interlocks and Insider Participation
None of our executive
officers serves as a member of the board of directors or compensation committee, or other committee serving an equivalent function,
of any entity that has one or more of its executive officers serving as a member of our board of directors. We do not have a compensation
committee.
23
EXECUTIVE COMPENSATION
We have not paid our officers
since our inception, nor do we owe, any compensation to our officers. We have not entered into any arrangements or employment agreements
with either of Messrs. McDermitt or O'Donnell pursuant to which either of them will be compensated now, or in the future
for any services provided to us as an executive officer, and we do not anticipate entering into any such arrangements or agreements
unless we become profitable.
We do not currently have
a stock option plan or any long-term incentive plans that provide compensation intended to serve as an incentive for performance.
No individual grants of stock options or other equity incentive awards have been made to our officers and sole director since our
inception.
There are currently no
employments or other contracts or arrangements with our officers. There are no compensation plans or arrangements, including payments
to be made by us, with respect to our sole officer that would result from the resignation, retirement or any other termination
of such person from us. There are no arrangements for our sole officer that would result from a change-in-control.
We have not compensated
our sole director for his service on our Board of Directors since our inception. There are no arrangements pursuant to which directors
will be compensated in the future for any services provided as a director.
CERTAIN RELATIONSHIPS AND RELATED PARTY
TRANSACTIONS
We have not entered into
any other transaction, nor are there any proposed transactions, in which our executive officers and our sole director, or any significant
stockholder, or any member of the immediate family of any of the foregoing, had or is to have a direct or indirect material interest.
24
PRINCIPAL STOCKHOLDERS
The following table sets
forth information regarding the beneficial ownership of our capital stock as of May 18, 2012 with respect to:
·
each person known to us to own beneficially more than 5% of any class of our outstanding shares;
·
each of our named executive officers;
·
our sole director; and
·
our sole director and all of our executive officers as a group.
In accordance with the
rules and regulations of the SEC, beneficial ownership includes voting or investment power with respect to securities. We do not
have any stock options or other securities convertible or exercisable into our common stock. To our knowledge, except pursuant
to applicable community property laws, the persons named in the table have sole voting and investment power with respect to all
shares of our common stock. The address for each stockholder listed below is c/o Nostalgia Family Brands, Inc., 20 Pape Drive,
Atlantic Highlands, New Jersey 07716.
Beneficial Owner
Number of Shares
Beneficially Owned
Percent of Shares
Beneficially Owned
William P. McDermitt
500,000
13.16
%
Edward O'Donnell
100,000
2.63
%
All executive officers and sole director as a group (2 people)
600,000
15.79
%
Messrs.
McDermitt and O'Donnell may be deemed to be our "parents" and "promoters", as such terms are defined
under the federal securities laws. Mr. McDermitt has from time to time, and may in the future, consult with Mr. Edward Downe -
a former employer of Mr. McDermitt - on business and marketing matters with respect to our company. There is no agreement between
Mr. Downe and our company and at no time has Mr. Downe received any compensation or value for providing such advice; however, he
may be deemed to be a "promoter" under the federal securities laws.
25
DESCRIPTION OF CAPITAL STOCK
General
The following summary
describes the material terms of our capital stock. However, you should refer to the actual terms of the capital stock contained
in our amended and restated certificate of incorporation, amended and restated bylaws and applicable law. We intend to amend and
restate our certificate of incorporation and bylaws prior to consummation of this offering. A copy of our amended and restated
certificate of incorporation and amended and restated bylaws will be filed as exhibits to the Registration Statement of which this
prospectus is a part.
Our authorized capital
stock consists of 50,000,000 shares of common stock, par value $0.001 per share. Upon the consummation of this offering, assuming
the sale of all of the shares offered pursuant to this prospectus, 6,800,000 shares of common stock will be outstanding. All of
our issued and outstanding shares of capital stock are, and the shares of capital stock to be issued in this offering will be,
validly issued, fully paid and nonassessable.
Common Stock
The holders of our common
stock are entitled to one vote for each share held of record on all matters submitted to a vote of stockholders.
The holders of our common
stock are entitled to receive dividends, if declared by our board of directors, out of funds legally available therefor, subject
to any statutory or contractual restrictions on the payment of dividends.
The holders of our common
stock do not have preemptive, subscription, redemption or conversion rights.
Voting
Generally, all matters
to be voted on by stockholders must be approved by a majority of the votes entitled to be cast by all shares of common stock.
Anti-Takeover Effects of Provisions of Delaware Law
We are subject to Section 203
of the Delaware General Corporation Law. In general, Section 203 prohibits a publicly held Delaware corporation from engaging
in a business combination with an interested stockholder for a period of three years following the date the person became an interested
stockholder, unless the business combination or the transaction in which the person became an interested stockholder is approved
in a prescribed manner. Generally, a business combination includes a merger, asset or stock sale, or other transaction resulting
in a financial benefit to the interested stockholder. An interested stockholder is a person who, together with affiliates and associates,
owns or, in the case of affiliates or associates of the corporation, within three years prior to the determination of interested
stockholder status, owned 15% or more of a corporation's voting stock. The existence of this provision could have anti-takeover
effects with respect to transactions not approved in advance by our board of directors, such as discouraging takeover attempts
that might result in a premium over the market price of our common stock.
Stockholders will not
be entitled to cumulative voting in the election of directors. The foregoing provisions of the Delaware General Corporation Law
may have the effect of deterring or discouraging hostile takeovers or delaying changes in control of our company.
26
Charter and Bylaws Anti-Takeover Provisions
Our bylaws require that
any action required or permitted to be taken by our stockholders must be effected at a duly called annual or special meeting of
stockholders and may not be effected by a consent in writing.
Our bylaws establish an
advance notice procedure for stockholders to bring matters before special stockholder meetings, including proposed nominations
of persons for election to our board of directors. These procedures specify the information stockholders must include in their
notice and the timeframe in which they must give us notice. At a special stockholder meeting, stockholders may only consider nominations
or proposals specified in the notice of meeting. A special stockholder meeting for any purpose may only be called by our board
of directors or our chief executive officer, and will be called by our chief executive officer at the request of the holders of
a majority of our outstanding shares of capital stock.
Our bylaws do not give
the board of directors the power to approve or disapprove stockholder nominations of candidates or proposals regarding other business
to be conducted at a meeting. However, our bylaws may have the effect of precluding the conduct of that item of business at a meeting
if the proper procedures are not followed. These provisions may discourage or deter a potential third party from conducting a solicitation
of proxies to elect its own slate of directors or otherwise attempting to obtain control of our company.
The foregoing provisions
of our certificate of incorporation, our bylaws and the Delaware General Corporation Law may have the effect of deterring or discouraging
hostile takeovers or delaying changes in control of the company.
Limitation on Liability and Indemnification of Directors
and Officers
Our bylaws limit our directors'
and officers' liability to the fullest extent permitted under Delaware corporate law. Specifically, our directors and officers
will not be liable to us or our stockholders for monetary damages for any breach of fiduciary duty by a director or officer, except
for liability:
·
for any breach of the director's or officer's duty of loyalty to us or our stockholders;
·
for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law;
·
under Section 174 of the Delaware General Corporation Law; or
·
for any transaction from which a director or officer derives an improper personal benefit.
If the Delaware General
Corporation Law is amended to authorize corporate action further eliminating or limiting the personal liability of directors or
officers, then the liability of a director or officer of the Company shall be eliminated or limited to the fullest extent permitted
by the Delaware General Corporation Law, as so amended.
The provision regarding
indemnification of our directors and officers in our bylaws will generally not limit liability under state or federal securities
laws.
Delaware law and our bylaws
provide that we will, in certain situations, indemnify any person made or threatened to be made a party to a proceeding by reason
of that person's former or present official capacity with our company against judgments, penalties, fines, settlements and
reasonable expenses including reasonable attorney's fees. Any person is also entitled, subject to certain limitations, to
payment or reimbursement of reasonable expenses in advance of the final disposition of the proceeding.
The limitation of liability
and indemnification provisions in our bylaws may discourage stockholders from bringing a lawsuit against directors for breach of
their fiduciary duty. These provisions may also have the effect of reducing the likelihood of derivative litigation against directors
and officers, even though such an action, if successful, might otherwise benefit us and our stockholders. In addition, your investment
may be adversely affected to the extent that, in a class action or direct suit, we pay the costs of settlement and damage awards
against directors and officers pursuant to these indemnification provisions.
27
Transfer Agent
We have not engaged a
transfer agent to serve as such for shares of our common stock. We intend to retain a transfer agent as soon as practicable following
the effectiveness of the registration statement of which this prospectus forms a part and the successful sale of the common stock
offered pursuant to this prospectus. Until we engage such a transfer agent, we will be responsible for all record-keeping and administrative
functions in connection with the shares of our common stock. Our officers do not have any experience acting as a transfer agent
for publicly traded securities.
28
PLAN OF DISTRIBUTION
Upon effectiveness of
the registration statement of which this prospectus is a part, we will conduct the sale of 3,000,000 shares we are offering on
a self-underwritten, best-efforts basis. This offering will be conducted on a best-efforts basis utilizing the efforts of our officers
and sole director. There is no public market for our common stock. To date, we have not obtained listing or quotation of our securities
on a national stock exchange or association, or inter-dealer quotation system. We have not identified any market makers with regard
to assisting us to apply for such quotation. We are unable to estimate when we expect to undertake this endeavor or whether we
will be successful. In the absence of listing, no market is available for investors in our common stock to sell the shares offered
herein. We cannot guarantee that a meaningful trading market will develop or that we will be able to get the shares listed for
trading.
If the shares ever become
tradable, the trading price of such could be subject to wide fluctuations in response to various events or factors, many of which
are beyond our control. As a result, investors may be unable to sell the shares at a price greater than the price at which they
are being offered. We do not anticipate entering into any agreements or arrangements for the sale of the shares with any broker/dealer
or sales agent. However, if we were to enter into such arrangements, we will file a post effective amendment to disclose those
arrangements.
We will not be conducting
a mass-mailing in connection with this offering, nor will we use the Internet to conduct this offering.
Our Chief Executive Officer
and sole director, William McDermitt, is not subject to a statutory disqualification as such term is defined in Section 3(a)(39)
of the Securities Exchange Act of 1934. He will rely on Rule 3a4-1 to sell our securities without registering as a broker-dealer.
Mr. McDermitt serves as our Chief Executive Officer and primarily perform substantial duties for or on our behalf otherwise than
in connection with transactions in securities and will continue to do so at the end of the offering, and has not been a broker
or dealer, or an associated person of a broker or dealer, within the preceding 12 months, and has not nor will not participate
in the sale of securities for any issuer more than once every 12 months. He will not receive commissions in connection with her
participation.
We plan to offer our shares
to the public at a fixed price of $0.10 per share, with no minimum amount required to be sold. Our officers and sole director will
not purchase any shares in this offering. Investors can purchase the shares in this offering by contacting us. We accept payments
for the shares in the form of either cash payments made in United States currency either by personal check, bank draft, or cashier's
check. We expressly reserve the right to either accept or reject any subscription. All accepted subscription agreements are irrevocable.
Any subscription rejected will be returned to the subscriber within five business days of the rejection date. Furthermore, once
a subscription agreement is accepted, it will be executed without reconfirmation to or from the subscriber. We will keep the offering
of 3,000,000 shares of common stock open until we sell all of the shares registered, or for ninety days from the date of this offering,
whichever occurs first. The Board of Directors may also elect to extend the offering for up to a further ninety days, if all shares
have not been sold by the end of the initial ninety day period. There can be no assurance that we will sell all or any of the shares
offered. We have no arrangement nor can we guarantee that we will sell any shares.
In order to comply with
the applicable securities laws of certain states, the securities may not be offered or sold unless they have been registered or
qualified for sale in such states or an exemption from such registration or qualification requirement is available and with which
we have complied. The purchasers in this offering and in any subsequent trading market must be residents of such states where the
shares have been registered or qualified for sale or an exemption from such registration or qualification requirement is available.
As of this date, we intend to offer our common stock upon effectiveness of this prospectus in New York.
We are bearing the expenses
of the registration of the shares, including legal and accounting fees, and such expenses are estimated to be approximately $50,000.
29
Transfer of our common
stock may be restricted under the securities regulations or laws promulgated by various states and foreign jurisdictions, commonly
referred to as "Blue Sky" laws. Absent compliance with such individual state laws, our common stock may not be traded
in such jurisdictions. Because the securities registered hereunder have not been registered for resale under the Blue Sky laws
of any state, the holders of such shares and persons who desire to purchase them in any trading market that might develop in the
future, should be aware that there may be significant state Blue-Sky law restrictions upon the ability of investors to sell the
securities and of purchasers to purchase the securities. Accordingly, investors may not be able to liquidate their investments
and should be prepared to hold the shares of our common stock for an indefinite period of time.
30
LEGAL MATTERS
The validity of the common
stock offered hereby will be passed upon for us by Herrick, Feinstein LLP, New York, New York.
EXPERTS
The financial statements
included in this prospectus have been so included in reliance on the report(s) of L.L. Bradford & Company, LLC, an independent
registered public accounting firm, given on the authority of said firm as experts in auditing and accounting.
WHERE YOU CAN FIND ADDITIONAL INFORMATION
We have filed with the
SEC under the Securities Act, a registration statement on Form S-1 relating to the common stock to be sold in this offering.
The registration statement, including the attached exhibits and schedules, contains additional relevant information about us and
our capital stock. This prospectus does not contain all of the information set forth in the registration statement and the exhibits
and schedules thereto. For further information about us and our common stock, you should refer to the registration statement, including
the exhibits and schedules thereto. Statements contained in this prospectus as to the contents of any contract or other document
referred to are not necessarily complete and in each instance, if such contract or document is filed as an exhibit, reference is
made to the copy of such contract or other document filed as an exhibit to the registration statement, each statement being qualified
in all respects by such reference. You may inspect a copy of the registration statement and the exhibits and schedules thereto
without charge at the Public Reference Room of the SEC at 100 F Street, N.E., Washington, D.C. 20549. You may obtain
copies of all or any part of the registration statement from such office at prescribed rates. You may also obtain information on
the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330. In addition, the SEC maintains an Internet website,
which is located at http://www.sec.gov, that contains reports, proxy and information statements and other information regarding
issuers that file electronically with the SEC. You may access the registration statement, of which this prospectus is a part, at
the SEC's Internet website.
31
INDEX TO FINANCIAL STATEMENTS
Report of Independent Registered Public Accounting Firm
F-2
Financial Statements
Balance Sheets as of December 31, 2011 and 2010
F-3
Statements of Operations for the year ended December 31, 2011, the period November 5, 2010 (inception) to December 31, 2010 and November 5, 2010 (inception) to December 31, 2011
F-4
Statements of Cash Flows for the year ended December 31, 2011, the period November 5, 2010 (inception) to December 31, 2010 and the period November 5, 2010 (inception) to December 31, 2011
F-5
Statements of Stockholders' Equity for the period November 5, 2010 (inception) to December 31, 2011
F-6
Notes to Financial Statements
F-7 - F-11
Condensed Balance Sheets as of March 30, 2012 (Unaudited) and December 31, 2011
F-12
Condensed Statements of Operations for the three month periods ended March 31, 2012 and March 31, 2011 (Unaudited)
F-13
Condensed Statement of Operations for the period November 5, 2010 (inception) to March 31, 2012 (Unaudited)
F-14
Condensed Statements of Cash Flows for the three month periods ended
    March 31, 2011 and March 31, 2012, and the period November 5, 2010 (inception) through March 31, 2012 (Unaudited)
F-15
Statements of Stockholders' Deficit for the three month period ended March 31, 2012 (Unaudited)
F-16
Notes to Financial Statements (Unaudited)
F-17 - F-19
F-
1
REPORT OF INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM
To the Board of Directors and
Stockholders of
Nostalgia Family Brands, Inc.
We have audited the accompanying balance sheet of
Nostalgia Family Brands, Inc. (a development stage company) as of December 31, 2011 and 2010, and the related statements of
operations, stockholders' equity, and cash flows for the year ended December 31, 2011, and for the period November 5,
2010 (inception) through December 31, 2010, and for the period November 5, 2010 (inception) through December 31, 2011.
Nostalgia Family Brands, Inc.'s management is responsible for these financial statements. Our responsibility is to express an
opinion on these financial statements based on our audits.
We conducted our audits in accordance with the standards of the
Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material misstatement. The company is not required to have,
nor were we engaged to perform, an audit of its internal control over financial reporting. Our audits included consideration of
internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances,
but not for the purpose of expressing an opinion on the effectiveness of the company's internal control over financial reporting.
Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management,
as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our
opinion.
In our opinion, the financial statements referred to above present
fairly, in all material respects, the financial position of Nostalgia Family Brands, Inc. (a development stage company) as of December
31, 2011 and 2010, and the results of its operations and its cash flows for the year ended December 31,
2011, the period November 5, 2010 (inception) through December 31, 2010, and for the period November 5, 2010 (inception) through
December 31, 2011, in conformity with accounting principles generally accepted in the United States of America.
The accompanying financial statements have been prepared assuming
that the Company will continue as a going concern. As discussed in Note 3 to the financial statements, the Company is in the development
stage, and is dependent on raising capital to fund operations. These conditions raise substantial doubt about its ability to continue
as a going concern. Management's plans regarding those matters also are described in Note 3. The financial statements do
not include any adjustments that might result from the outcome of this uncertainty.
/s/ L.L. Bradford & Company, LLC
Las Vegas, Nevada
May 16, 2012
F-
2
Nostalgia Family Brands, Inc.
(A Development Stage Company)
BALANCE SHEETS
As of December 31,
2011
2010
ASSETS
Current assets
Cash
$
20,592
$
0
Total current assets
20,592
0
Total assets
$
20,592
$
0
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Short-term borrowings-related party
$
200
$
0
Total current liabilities
200
0
Commitments and contingencies
-
-
Stockholders' equity
Common stock, $0.001 par value, 50,000,000 shares authorized as of December 31, 2011 and 2010 and 2,050,000 and 0 issued and outstanding at December 31, 2011 and 2010, respectively
2,050
0
Additional paid in capital
18,450
0
Accumulated deficit
(108
)
0
Total stockholders' equity
20,392
0
Total liabilities and stockholders' equity
$
20,592
$
0
The accompanying notes are an integral part
of these financial statements.
F-
3
Nostalgia Family Brands, Inc.
(A Development Stage Company)
STATEMENTS OF OPERATIONS
For the year ended December 31, 2011,
the period November 5, 2010 (inception)
to December 31, 2010
and November 5, 2010 (inception) to December
31, 2011
For the year
ended
December 31, 2011
For the period
November 5, 2010
(inception) to
December 31, 2010
Period from
inception
(November 5,
2010) to December
31, 2011
Revenues
$
—
$
—
$
—
Pre-operating expenses
General & administrative
108
—
108
Total pre-operating expenses
$
108
$
—
$
108
Pre-operating loss before income taxes
(108
)
—
$
(108
)
Provision for income tax
—
—
—
Net loss
$
(108
)
$
—
$
(108
)
Basic and diluted net loss per common share
$
(0.001
)
$
—
Weighted average shares of capital outstanding - basic
85,068
—
The accompanying notes
are an integral part of these financial statements
.
F-
4
Nostalgia Family Brands, Inc.
(A Development Stage Company)
STATEMENTS OF CASH FLOWS
For the year ended December 31, 2011,
the period November 5, 2010 (inception)
to December 31, 2010
and the period November 5, 2010 (inception)
to December 31, 2011
For the year
ended
December 31,
2011
For the
period
November 5,
2010
(inception) to
December 31,
2010
For the period
November 5,
2010 (inception)
to
December 31,
2011
CASH FLOWS FROM PRE-OPERATING ACTIVITIES
Net loss
$
(108
)
$
-
$
(108
)
Adjustments to reconcile net (loss) to net cash provided by pre-operating activities:
Changes in components of working capital:
Increase  in other current liabilities
200
-
200
Increase  in other assets
-
-
-
Net cash provided by pre-operating activities
92
-
92
CASH FLOWS FROM INVESTING ACTIVITIES:
Issuance of common stock
20,500
-
20,500
Net cash provided by investing activities:
20,500
-
20,500
NET INCREASE IN CASH AND CASH EQUIVALENTS
20,592
-
20,592
Cash and cash equivalents, beginning of period
-
-
-
Cash and cash equivalents, end of period
$
20,592
$
-
$
20,592
Interest paid
$
-
$
-
$
-
Taxes paid
$
-
$
-
$
-
The accompanying notes are an integral part
of these financial statements.
F-
5
Nostalgia Family Brands, Inc.
(A Development Stage Company)
STATEMENTS OF STOCKHOLDERS' EQUITY
For the period November 5, 2010 (inception)
to December 31, 2011
Common Stock
Shares
Par
Value
Additional
Paid in Capital
Accumulated
Deficit
Stockholders
Equity
Balance, November 5, 2010 (inception)
-
$
-
$
-
$
-
$
-
Net Loss
-
-
Balance, December  31, 2010
-
-
-
-
-
Commons stock issued for cash
2,050,000
2,050
18,450
-
20,500
Net loss
(108
)
(108
)
Balance, December 31, 2011
2,050,000
$
2,050
$
18,450
$
(108
)
$
20,392
The accompanying notes are an integral part
of these financial statements
.
F-
6
Nostalgia Family Brands, Inc.
(A Development Stage Company)
NOTES TO FINANCIAL STATEMENTS
1.
Description of Business
·
Nostalgia Family Brands, Inc. (the "Company") is a Delaware Corporation organized November
    5, 2010 and commenced operations during the first quarter 2011. The Company will develop the web site
    nostalgiafamilybrands.com. The Company's business model is to manufacture products that had been popular in the earlier
    1950 and 1960's and perhaps other decades, but have been discontinued. The specific product categories include candy,
    food and personal hygiene. Examples of the proposed products include: Bit-O-Licorice, Hollywood Candy Bars, Hydrox Cookies,
    Puffa Puffa Rice Cereal, Chipso Laundry Soap and Stopette Deodorant. These items represent some of the products that the
    current older generation enjoyed that the Company intends to target to make available once again at retail supermarkets and
    drug stores.
·
The Company currently maintains its corporate office in Atlantic Highlands, New Jersey.
2.
Summary of Significant Accounting Policies
—
Management is responsible for the fair presentation of the Company's financial statements, prepared in accordance with U.S. generally accepted accounting principles (GAAP).
Use of Estimates
·
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates are used in the determination of depreciation and amortization, the valuation for non-cash issuances of common stock, and the website, income taxes and contingencies, among others.
Cash and Cash Equivalents
—
The Company classifies as cash and cash equivalents amounts on deposit in the banks and cash temporarily in various instruments with original maturities of three months or less at the time of purchase.
Fair Value of Financial Instruments
—
Statement of financial accounting standard FASB Topic 820, Disclosures
        about Fair Value of Financial Instruments, requires that the Company disclose estimated fair values of financial instruments. The
        carrying amounts reported in the statements of financial position for assets and liabilities qualifying as financial instruments
        are a reasonable estimate of fair value.
Development Stage Enterprise
—
The Company has been devoting most of its efforts to raising capital and developing a business plan and, consequently, meets the definition of a Development Stage Enterprise, as defined in Statement of Financial Accounting Standards FASB Topic 915 "Accounting and Reporting for Development Stage Enterprises."   Under FASB Topic 915, certain additional financial information is required to be included in the financial statements for the period from inception of the Company to the current balance sheet date.
F-
7
Property, Website and Equipment; Depreciation and Amortization
·
Property and computer equipment are stated at cost less accumulated depreciation.  Expenditures for maintenance and repairs are charged to income as incurred.  Additions, improvements and major replacements that extend the life of the asset are capitalized. The initial cost of the website has been capitalized. Once the site is considered operating, future costs to maintain the site will be expensed as incurred.   The cost and accumulated depreciation and amortization related to assets sold or retired are removed from the accounts and any gain or loss is credited or charged to income in the period of disposal.
—
The Company accounts for web site costs in accordance with FASB Topic 350 "Accounting for the Costs of Computer Software Developed or Obtained for Internal Use and FASB Topic 350 "Accounting for Web Site Development Costs".  As a result, costs associated with the web site application and infrastructure development stage are capitalized.  Amortization of costs commenced once the web site was ready for its intended use.
·
For financial reporting purposes, depreciation and amortization is provided on the straight-line method over the estimated useful lives of depreciable assets.  Financial reporting provisions for depreciation and amortization are generally based on the following annual rates and estimated useful lives:
Type of Asset
Rates
Years
Computer and equipment
20% - 50%
2 – 5 years
Website Development Costs
20%
5 years
Leasehold  improvements (or life of lease where applicable)
20% - 50%
2 – 5 years
Income Taxes
—
The Company has not generated any taxable income, and, therefore, no provision for income taxes has been provided.
—
Deferred income taxes are reported for timing differences between items of income or expense reported in the financial statements and those reported for income tax purposes in accordance with FASB Topic 740, "Accounting for Income Taxes", which requires the use of the asset/liability method of accounting for income taxes. Deferred income taxes and tax benefits are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and for tax loss and credit carry-forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The Company provides for deferred taxes for the estimated future tax effects attributable to temporary differences and carry-forwards when realization is more likely than not.
—
A valuation allowance has been recorded to fully offset the deferred tax asset even though the Company believes it is more likely than not that the assets will be utilized.
—
The Company's effective tax rate differs from the statutory rates associated with taxing jurisdictions because of permanent and temporary timing differences as well as a valuation allowance.
F-
8
Revenue Recognition
—
The Company intends to generate its revenue from products sold from traditional retail outlets.
—
All sources of revenue will be recorded pursuant to FASB Topic 605 Revenue Recognition, when persuasive evidence of arrangement exists, delivery of services has occurred, the fee is fixed or determinable and collectability is reasonably assured.
Concentration of Credit Risk
—
Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash deposits at financial institutions.  At various times during the year, the Company may exceed the federally insured limits.  To mitigate this risk, the Company places its cash deposits only with high credit quality institutions.  Management believes the risk of loss is minimal.  At December 31, 2010 and 2011 the Company did not have any uninsured cash deposits.
Impairment of Long-lived Assets
—
The Company accounts for long-lived assets in accordance with the provisions of FASB Topic 360, Accounting for the Impairment of Long-Lived Assets. This statement requires that long-lived assets and certain identifiable intangibles be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future net cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell. Fair values are determined based on quoted market value, discounted cash flows or internal and external appraisals, as applicable. During 2010 and 2011, the Company did not recognize an impairment charge.
Recent Accounting Pronouncements
—
The Company has assessed all newly issued accounting pronouncements released during the years ended December 31, 2010 and 2011, and have found none of them to have a material impact on the Company's financial statements.
3.
Going Concern
—
The Company's financial statements are prepared using generally accepted accounting principles, which contemplate the realization of assets and liquidation of liabilities in the normal course of business.  Because the business is new and has no history or sales, no certainty of continuation can be stated.
—
Management is taking steps to raise additional funds to address its operating and financial cash requirements to continue operations in the next twelve months. Management has devoted a significant amount of time in the raising of capital from additional debt and equity financing. However, the Company's ability to continue as a going concern is dependent upon raising additional funds through debt and equity financing and generating revenue. There are no assurances the Company will receive the necessary funding or generate revenue necessary to fund operations.
4.
Short-term Borrowings-related party
—
Short-term borrowings-related party consists of the following at December 31, 2011.
2011
Expenses paid on behalf of the Company – William P. McDermitt.
$
200
TOTAL
$
200
—
The borrowings are due on demand with no stated interest rate. The imputed
    interest expense is considered by management to be immaterial to the financial statements at December 31, 2011.
F-
9
5.
Capital Stock Activity
—
The Company's Articles of Incorporation to authorize the issuance 50,000,000 shares of one (1) class of $.001 par value common stock.
—
During the year ended December 31, 2011, the Company issued 2,050,000 shares of its $0.001 par value common stock to several accredited investors for cash totaling $20,500.
Dividends
—
The Company has never issued dividends.
Warrants
—
The Company has never issued any warrants.
Options
—
The Company has never issued options.
6.
Income Taxes
—
A reconciliation of the statutory income tax rates and the Company's effective tax rate is as follows:
2011
Statutory U.S. federal rate
34.00
%
Permanent differences
.00
%
Timing differences
00
%
Valuation allowance
(34.00
)%
Provision for income tax expense(benefit)
0.0
%
—
The tax effects of the temporary differences and carry forwards that give rise to deferred tax assets consist of the following:
2011
Deferred tax assets:
Net operating loss carry forwards
$
41
Gross deferred tax assets
41
Valuation allowance
(41
)
$
0
—
At December 31, 2011, a valuation allowance for $41 has been set up for this deferred asset.
7.
Advances by Affiliates
—
The Company received from William P. McDermitt, a related party, $200 in cash to establish the Company's bank account, which
supplemented the Company's working capital and is included in current liabilities. Furthermore, Mr. McDermitt purchased 500,000 shares of stock for $5,000 during the first quarter 2012.
F-
10
—
The Company has evaluated estimates and assumptions related to donated services and rent provided by the Officers of the Company during the start-up phase of this business. It has been determined that these services provided by these individuals were nominal through December 31, 2011.
8.
Subsequent Events
—
During the first quarter 2012, the Company issued 1,750,000 shares of the  Company Common stock at $0.01 per share to several accredited investors  in return for $17,500.
9.
Net Loss per Share of Common Stock
—
The Company has adopted FASB Topic 260, "Earnings per Share," which requires presentation of basic and diluted EPS on the face of the income statement for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation. In the accompanying financial statements, basic loss per share of common stock is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the year.  Basic net loss per common share is based upon the weighted average number of common shares outstanding during the period. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. However, shares associated with convertible debt, stock options and stock warrants are not included because the inclusion would be anti-dilutive (i.e. reduce the net loss per common share).  There were no anti-dilutive instruments.
2011
Numerator - basic and diluted loss per share net loss
$
(108
)
—
Net loss available to common stockholders
$
(108
)
Denominator – basic and diluted loss per share – weighted average common shares outstanding
85,068
Basic and diluted earnings per share
$
(0.001
)
F-
11
Nostalgia Family Brands, Inc.
(a development stage company)
CONDENSED BALANCE SHEETS
March 31,
December 31,
2012
2011
(Unaudited)
ASSETS
Current assets :
Cash
$
14,242
$
20,592
Prepaid legal expense
12,000
-
Total current assets
26,242
20,592
Total assets
26,242
20,592
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Short-term borrowings-related party
200
200
Total current liabilities
200
200
Commitments and contingencies
Stockholders' equity:
Common stock, $0.001 par value, 50,000,000 shares authorized as of March 31,2012 and 3,800,000 and 2,050,000 issued and outstanding at March 31, 2012 December 31, 2011, respectively
3,800
2,050
Additional paid in capital
34,200
18,450
Accumulated deficit
(11,958
)
(108
)
Total stockholders' equity
26,042
20,392
Total Liabilities and Stockholders' Equity
$
26,242
$
20,592
The accompanying notes are an integral part
of these condensed financial statements
F-
12
Nostalgia Family Brands, Inc.
(a development stage company)
CONDENSED STATEMENTS OF OPERATIONS
For the three month periods ended March
31, 2012 and March 31, 2011
(Unaudited)
For the
For the
three month
three month
period ended
period ended
March 31, 2012
March 31, 2011
Revenues
$
-
$
-
Pre-operating expenses
Professional fees
11,850
-
Total pre-operating expenses
11,850
-
Pre-operating loss
(11,850
)
-
Provision for income tax
-
-
Net loss
$
(11,850
)
$
-
Basic and diluted net loss per common share
$
(0.003
)
$
-
Weighted average shares of capital outstanding - basic
3,520,879
-
The accompanying notes are an integral part
of these condensed financial statements
F-
13
Nostalgia Family Brands, Inc.
(a development stage company)
CONDENSED STATEMENT OF OPERATIONS
For the period November 5, 2010 (inception)
to March 31, 2012
(Unaudited)
For the period
November 5, 2010
(inception) to
March 31, 2012
Revenues
$
-
Pre-operating expenses
Selling, general and administrative
108
Professional fees
11,850
Total pre-operating expenses
11,958
Pre-operating loss
(11,958
)
Provision for income tax
-
Net loss
$
(11,958
)
The accompanying notes are an integral part
of these condensed financial statements
F-
14
Nostalgia Family Brands, Inc.
(a development stage company)
CONDENSED STATEMENTS OF CASH
FLOWS
For the three month periods ended March
31, 2012 and 2011
and November 5, 2010 (inception) to March
31, 2012
(Unaudited)
For the
For the
For the period
three month
three month
November 5, 2010
period ended
period ended
(inception) to
March 31, 2012
March 31, 2011
March 31, 2012
CASH FLOWS FROM PRE-OPERATING ACTIVITIES:
Net (loss)
$
(11,850
)
$
-
$
(11,958
)
Adjustments to reconcile net loss to net cash used for pre-operating activities:
Amortization of legal fees
8,000
-
8,000
(Increase) in prepaid legal expense
(20,000
)
(20,000
)
Net cash used by operating activities
(23,850
)
-
(23,958
)
CASH FLOWS FROM FINANCING ACTIVITIES:
Short-term borrowings-related party
-
-
200
Issuance of common stock
17,500
-
38,000
Net cash provided by financing activities
17,500
-
38,200
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
(6,350
)
-
14,242
Cash and cash equivalents, beginning of period
20,592
-
-
Cash and cash equivalents, end of period
$
14,242
$
-
$
14,242
Interest paid
$
-
$
-
$
-
Taxes paid
$
-
$
-
$
-
The accompanying notes are an integral part
of these condensed financial statements
F-
15
Nostalgia Family Brands, Inc.
(a development stage company)
STATEMENTS OF STOCKHOLDERS' EQUITY
For the three month period ended March
31, 2012
(Unaudited)
Common Stock
Additional
Total
Par Value $0.001
Paid-In
Accumulated
Stockholders'
Shares
Amount
Capital
Deficit
Equity
BALANCE 12/31/11
2,050,000
$
2,050
$
18,450
$
(108
)
$
20,392
Common stock issued
1,750,000
1,750
15,750
17,500
Net loss
(11,850
)
(11,850
)
BALANCE 3/31/12
3,800,000
$
3,800
$
34,200
$
(11,958
)
$
26,042
The accompanying notes are an integral part
of these condensed financial statements
F-
16
Nostalgia Family Brands, Inc.
(a development stage company)
NOTES TO CONDENSED FINANCIAL STATEMENTS
For the three months ended March 31,
2012
1.
Basis of Presentation
The interim financial statements included
        herein, presented in accordance with United States generally accepted accounting principles and stated in US dollars, have been
        prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission. Certain
        information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting
        principles have been condensed or omitted pursuant to such rules and regulations, although the Company believes that the disclosures
        are adequate to make the information presented not misleading.
These statements reflect all adjustments,
        consisting of normal recurring adjustments, which, in the opinion of management, are necessary for fair presentation of the information
        contained therein. It is suggested that these interim financial statements be read in conjunction with the financial statements
        of the Company for the year ended December 31, 2011 and notes thereto included in the Company's Form S-1. The Company follows the
        same accounting policies in the preparation of interim reports.
Results of operations for the interim periods are not indicative
        of annual results.
2.
Recent Accounting Pronouncements
·
The Company has assessed all newly issued accounting pronouncements released during the three months ended March 31, 2012, and have found none of them to have a material impact on the Company's financial statements.
3.
Going Concern
·
The Company's financial statements are prepared using
generally accepted accounting principles, which contemplate the realization of assets and liquidation of liabilities in the normal
course of business. Because the business is new and has no history or sales, no certainty of continuation can be stated.
·
Management is taking steps to raise additional funds
to address its operating and financial cash requirements to continue operations in the next twelve months. Management has devoted
a significant amount of time in the raising of capital from additional debt and equity financing. However, the Company's
ability to continue as a going concern is dependent upon raising additional funds through debt and equity financing and generating
revenue. There are no assurances the Company will receive the necessary funding or generate revenue necessary to fund operations.
4.
Prepaid Legal Expense
·
Prepaid legal expense consists of the following at March 31, 2012 and December 31, 2011.
March 31,
2012
December 31,
2011
Prepaid legal fees
$
12,000
$
-
TOTAL
$
12,000
$
-
F-
17
5.
Short-term borrowings-related party
·
Short-term borrowings-related party consists of the following at March 31, 2012 and December 31, 2011.
March 31,
2012
December 31,
2011
Prepaid expenses paid on behalf of the Company –
William P. McDermitt
$
200
$
200
TOTAL
$
200
$
200
The borrowings are due on demand with no stated interest rate.  The imputed interest expense is considered by management to be immaterial to the financial statements at March 31, 2012.
6.
Capital Stock Activity
·
The Company's Articles of Incorporation authorize the issuance 50,000,000 shares of one class of $.001 par value common stock.
o
During the three months ended March 31, 2012, the Company issued 1,750,000 shares of its $0.001 par value common stock to several accredited investors for cash totaling $17,500.
o
During the three months ended December 31, 2011, the Company issued 2,050,000 shares of its $0.001 par value common stock to several accredited investors for cash totaling $20,500.
·
Dividends - The Company has never issued dividends.
·
Warrants - The Company has never issued any warrants.
·
Options - The Company has never issued options.
7.
Advances by Related Party
·
During the year ended
December 31, 2011 Company received from William P. McDermitt, a related party, $200 in cash to establish the Company's bank
account, which
supplemented the Company's working capital
and is included in current liabilities. Furthermore, Mr. McDermitt purchased 500,000 shares of stock for $5,000 during the first
quarter 2012.
·
The Company has evaluated estimates and assumptions related to donated services
and rent provided by the Officers of the Company during the start-up phase of this business. It has been determined that these
services provided by these individuals were nominal through March 31, 2012.
8.
Subsequent Events
·
The Company has evaluated subsequent events through the date which it has made its financial statements available, and has identified no significant reportable events through that date.
F-
18
9.
Net Loss per Share of Common Stock
·
The Company has adopted FASB Topic 260, "Earnings per Share," which requires presentation of basic and diluted EPS on the face of the income statement for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation. In the accompanying financial statements, basic loss per share of common stock is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the year. Basic net loss per common share is based upon the weighted average number of common shares outstanding during the period. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. However, shares associated with convertible debt, stock options and stock warrants are not included because the inclusion would be anti-dilutive (i.e. reduce the net loss per common share). There were no anti-dilutive instruments.
Three Months
Ended
March 31, 2012
Numerator - basic and diluted loss per share net loss
$
(11,850
)
Denominator - basic and diluted loss per share - weighted average common shares outstanding
3,520,879
Basic and diluted earnings per share
$
(0.003
)
F-
19
Through and including
               , 2012 (the 90th day after the date
of this prospectus), all dealers effecting transactions in the registered securities offered hereby, whether or not participating
in this offering, may be required to deliver a prospectus. This delivery requirement is in addition to the obligation of dealers
to deliver a prospectus when acting as an underwriter and with respect to an unsold allotment or subscription.
3,000,000 Shares
NOSTALGIA FAMILY BRANDS, INC.
Common Stock
PROSPECTUS
, 2012
PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
Item 13. Other Expenses of Issuance and Distribution
The following table
sets forth the costs and expenses expected to be incurred by Nostalgia Family Brands, Inc. (the "Registrant") in connection
with this offering described in this registration statement. All amounts shown are estimates, except the SEC registration fee.
Item
Amount to be Paid
SEC registration fee
$
34.38
Legal fees and expenses
35,000
Accounting fees and expenses
5,000
Printing and engraving expenses
2,000
Transfer agent fees
*
Blue sky fees and expenses
*
Miscellaneous
*
Total
$
*
* To be provided
by amendment.
Item 14. Indemnification of Directors and Officers
The Registrants'
bylaws limits its directors' and officers' liability to the fullest extent permitted under Delaware corporate law.
Specifically, the Registrant's directors and officers will not be liable to it or its stockholders for monetary damages for
any breach of fiduciary duty by a director or officer, except for liability:
·
for any breach of the director's or officer's duty of loyalty to the Registrant or
the Registrant's stockholders;
·
for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation
of law;
·
under Section 174 of the Delaware General Corporation Law; or
·
for any transaction from which a director or officer derives an improper personal benefit.
If the Delaware General
Corporation Law is amended to authorize corporate action further eliminating or limiting the personal liability of directors or
officers, then the liability of the Registrant's directors and officers shall be eliminated or limited to the fullest extent
permitted by the Delaware General Corporation Law, as so amended.
The provision regarding
indemnification of the Registrant's directors and officers in its bylaws will generally not limit liability under state or
federal securities laws.
Delaware law and the
Registrant's bylaws provide that the Registrant will, in certain situations, indemnify any person made or threatened to be
made a party to a proceeding by reason of that person's former or present official capacity with the Registrant against judgments,
penalties, fines, settlements and reasonable expenses including reasonable attorney's fees. Any person is also entitled,
subject to certain limitations, to payment or reimbursement of reasonable expenses in advance of the final disposition of the proceeding.
II-
1
Item 15. Recent Sales of Unregistered Securities
Except as set forth
below, in the three years preceding the filing of this Registration Statement, the Registrant has not issued any securities that
were not registered under the Securities Act.
During the period between
January 3, 2011 and January 13, 2012, we issued 3,800,000 shares of our common stock to each of 44 investors, for a purchase price
of $0.01 per share, or aggregate proceeds of $38,000. These shares were issued in a series of transactions in reliance upon an
exemption from the registration provisions of the Securities Act set forth in Section 4(2) thereof and Regulation D promulgated
thereunder for transactions not involving any public offering. The Registrant believes that the exemption was available because
the offer and sale of the securities did not involve a public offering and because of the limited number of recipients, each of
the purchaser's representation of sophistication in financial matters, and his or her access to information concerning the
Registrant. No underwriters were involved in the foregoing sales of securities.
Item 16. Exhibits and Financial Statement Schedules.
(a)
Exhibits
Exhibit No.
Description
3.1
Certificate of Incorporation
3.2
By-Laws
4.1
Form of specimen certificate representing common stock*
5.1
Opinion of Herrick, Feinstein LLP*
23.1
Consent of L.L. Bradford & Company, LLC
23.2
Consent of Herrick, Feinstein LLP (to be included in Exhibit 5.1)*
24.1
Powers of Attorney (included on the signature page hereto)
*
To be filed by amendment
(b)
Financial Statement Schedules
All schedules are omitted
since the required information is not applicable, the information is presented in the Registrant's consolidated financial
statements and the related notes thereto or is not present in amounts sufficient to require submission of the schedules.
Item 17. Undertakings
Undertakings
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, as amended (the "Act");
(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 the
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
maximum 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;
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(iii)	to include
any material information with respect to the plan of distribution not previously disclosed in the registration statement or any
material change to such information in the registration statement.
(2)	That, for the
purpose of determining any liability under the Act, 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.
(4)	Insofar as
indemnification for liabilities arising under the Act 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 Act 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 and will be governed
by the final adjudication of such issue.
(5)	That, for the
purpose of determining liability under the Act to any purchaser, each prospectus filed pursuant to Rule 424(b) as part of a registration
statement relating to an offering, other than registration statements relying on Rule 430B or other than prospectuses filed in
reliance on Rule 430A, shall be deemed to be part of and included in the registration statement as of the date it is first used
after effectiveness. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration
statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus
that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such first use, supersede
or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or
made in any such document immediately prior to such date of first use.
(6)	That, for the
purpose of determining liability of the registrant under the Securities Act of 1933 to any purchaser in the initial distribution
of the securities: The undersigned registrant undertakes that in a primary offering of securities of the undersigned registrant
pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the purchaser, if
the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned registrant
will be a seller to the purchaser and will be considered to offer or sell such securities to such purchaser:
(i)	Any preliminary
prospectus or prospectus of the undersigned registrant relating to the offering required to be filed pursuant to Rule 424;
(ii)	Any free writing
prospectus relating to the offering prepared by or on behalf of the undersigned registrant or used or referred to by the undersigned
registrant;
(iii)	The portion
of any other free writing prospectus relating to the offering containing material information about the undersigned registrant
or its securities provided by or on behalf of the undersigned registrant; and
(iv)	Any other communication
that is an offer in the offering made by the undersigned registrant to the purchaser.
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SIGNATURES
Pursuant to the requirements
of the Securities Act of 1933, the Registrant has duly caused this registration statement to be filed on its behalf by the undersigned,
thereunto duly authorized in the City of Atlantic Highlands, State of New Jersey on May 23, 2012.
NOSTALGIA FAMILY BRANDS, INC.
By:
/s/ William P.
    McDermitt
Name:  William P. McDermitt
Title:  Chief Executive Officer
POWER OF ATTORNEY
Each of the undersigned
directors and officers of Nostalgia Family Brands, Inc. hereby constitutes and appoints William P. McDermitt his true and lawful
attorneys-in-fact and agents with full power of substitution and resubstitution, for him and his name, place and stead, in any
and all capacities, to execute any and all amendments (including post-effective amendments) to this registration statement, to
sign any registration statement filed pursuant to Rule 462(b) of the Securities Act of 1933, and to cause the same to be filed
with all exhibits thereto, and all documents in connection therewith, with the Securities and Exchange Commission, granting unto
said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite
and desirable to be done in and about the premises as fully and to all intents and purposes as the undersigned might or could do
in person, hereby ratifying and confirming all acts and things that said attorneys-in-fact and agents or any of them, or their
or his substitute or substitutes may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements
of the Securities Act of 1933, this Registration Statement on Form S-1 has been signed by the following persons in the capacities
and on the dates indicated.
Signature
Title
Date
/s/ William P. McDermitt
Chief Executive Officer and director (principal executive officer)
May 23, 2012
William P. McDermitt
/s/ Edward O'Donnell
Vice President, Chief Financial Officer and Secretary (principal financial and accounting officer)
May 23, 2012
Edward O'Donnell