content: <html>
  
    <head>
      <title>camelot_s-8.htm</title>
  <!-- Licensed to: HIGHLAND-->
  <!-- Document Created using EDGARizer 4.0.1.0 -->
  <!-- Copyright 2007 EDGARfilings, Ltd., an IEC company.-->
  <!-- All rights reserved EDGARfilings.com -->
  </head>
    <body bgcolor="#ffffff">
      <div>
        <hr style="COLOR: black" align="left" noshade size="2" width="100%">
      </div><br>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">SECURITIES
        AND EXCHANGE COMMISSION</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Washington,
        D.C. 20549</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">FORM
        S-8</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">REGISTRATION
        STATEMENT UNDER THE SECURITIES ACT OF 1933</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><img src="camelot.jpg" alt=""></div>
      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman;"><strong>CAMELOT
        ENTERTAINMENT GROUP, INC. </strong></font>
        <div>
          <hr style="COLOR: black" align="center" noshade size="2" width="50%">
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Exact
        name of Registrant as specified in its charter)</font></div>
      <div><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
  
            <tr>
              <td valign="top" width="44%" style="BORDER-TOP: medium none; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Delaware</strong></font></div>
              </td>
              <td valign="top" width="28%" style="BORDER-TOP: medium none; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>52-2195605</strong></font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="44%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(State
                  or other jurisdiction of</font></div>
              </td>
              <td valign="top" width="28%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(IRS
                  Employer</font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="44%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">incorporation
                  or organization)</font></div>
              </td>
              <td valign="top" width="28%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Identification
                  No.)</font></div>
              </td>
            </tr>
  
        </table>
      </div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>2020
        Main Street, Suite 990</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Irvine,
        CA&#160;&#160;92614 </strong></font>
        <hr style="COLOR: black" align="center" noshade size="2" width="30%">
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Address
        of Principal Executive Offices, including ZIP Code)</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>2007
        Stock Option Plan </strong></font>
        <hr style="COLOR: black" align="center" noshade size="2" width="30%">
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Full
        title of the plan)</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Christopher
        P. Flannery, Esq.</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Astor
        Weiss Kaplan &amp; Mandel, LLP</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>The
        Bellvue</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>200
        South Broad Street</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Philadelphia,
        PA 19102 </strong></font>
        <hr style="COLOR: black" align="center" noshade size="2" width="30%">
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Name
        and
        address of agent for service)</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>(215)
        790-0100 </strong></font>
        <hr style="COLOR: black" align="center" noshade size="2" width="30%">
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Telephone
        number, including area code, of agent for service)</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>CALCULATION
        OF REGISTRATION FEE</strong></font></div>
      <div align="left">
        <table cellpadding="0" cellspacing="0" width="100%">
  
            <tr>
              <td valign="top" width="15%" style="BORDER-TOP: black 1px solid; BORDER-LEFT: black 1px solid; BORDER-BOTTOM: black 1px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Title
                  of plan to be registered (1)</font></div>
              </td>
              <td valign="top" width="12%" style="BORDER-RIGHT: black 1px solid; BORDER-TOP: black 1px solid; BORDER-LEFT: black 1px solid; BORDER-BOTTOM: black 1px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Amount
                  to be</font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Registered
                  (2)</font></div>
              </td>
              <td valign="top" width="17%" style="BORDER-TOP: black 1px solid; BORDER-BOTTOM: black 1px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Proposed
                  maximum offering price per share (3)</font></div>
              </td>
              <td valign="top" width="18%" style="BORDER-RIGHT: black 1px solid; BORDER-TOP: black 1px solid; BORDER-LEFT: black 1px solid; BORDER-BOTTOM: black 1px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Proposed
                  maximum aggregate offering price (3)</font></div>
              </td>
              <td valign="top" width="11%" style="BORDER-RIGHT: black 1px solid; BORDER-TOP: black 1px solid; BORDER-BOTTOM: black 1px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Amount
                  of registration fee</font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="15%" style="BORDER-LEFT: black 1px solid; BORDER-BOTTOM: black 1px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2007
                  Stock Option Plan</font></div>
              </td>
              <td valign="top" width="12%" style="BORDER-RIGHT: black 1px solid; BORDER-LEFT: black 1px solid; BORDER-BOTTOM: black 1px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">20,000,000</font></div>
              </td>
              <td valign="top" width="17%" style="BORDER-BOTTOM: black 1px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$0.003</font></div>
              </td>
              <td valign="top" width="18%" style="BORDER-RIGHT: black 1px solid; BORDER-LEFT: black 1px solid; BORDER-BOTTOM: black 1px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$60,000</font></div>
              </td>
              <td valign="top" width="11%" style="BORDER-RIGHT: black 1px solid; BORDER-BOTTOM: black 1px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$1.84</font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="15%" style="BORDER-LEFT: black 1px solid; BORDER-BOTTOM: black 1px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Totals</font></div>
              </td>
              <td valign="top" width="12%" style="BORDER-RIGHT: black 1px solid; BORDER-LEFT: black 1px solid; BORDER-BOTTOM: black 1px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">20,000,000</font></div>
              </td>
              <td valign="top" width="17%" style="BORDER-BOTTOM: black 1px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="18%" style="BORDER-RIGHT: black 1px solid; BORDER-LEFT: black 1px solid; BORDER-BOTTOM: black 1px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$60,000</font></div>
              </td>
              <td valign="top" width="11%" style="BORDER-RIGHT: black 1px solid; BORDER-BOTTOM: black 1px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$1.84</font></div>
              </td>
            </tr>
  
        </table>
      </div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(1)
        This
        registration statement dated October 19, 2007 covers the common stock issuable
        upon the exercise of options issued under the 2007 Stock Option Plan of the
        registrant.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(2)
        This
        registration statement shall also cover an indeterminable number of additional
        shares of common stock which may become issued under the amended 2007 Stock
        Option Plan by reason of any stock dividend, stock split, re-capitalization
        or
        any other similar transaction effected without the receipt of consideration
        which results in an increase in the number of the registrant's outstanding
        shares of common stock.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(3)
        This
        calculation is made solely for the purposes of determining the registration
        fee
        pursuant to the provisions of Rule 457(c) under the Securities Act of 1933,
        as
        amended, and is calculated on the basis of the average price of the common
        stock
        reported on the OTC Bulletin Board for the week ending October 19, 2007, a
        date
        within five business days prior to the filing of this registration
        statement.</font></div><br>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman;">1</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div><br>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>PROSPECTUS</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>CAMELOT
        ENTERTAINMENT GROUP, INC.</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">20,000,000
        Shares Of Common Stock</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">This
        prospectus relates to the offer and sale of up to 20,000,000 shares of common
        stock of Camelot Entertainment Group, Inc., a Delaware corporation (the
        "Company"), issuable upon the exercise of options issued to employees, advisors
        and consultants (collectively the "Optionees") pursuant to the 2007 Stock Option
        Plan (the "Stock Option Plan") that has been approved by the board of directors
        of the Company.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        common stock is not subject to any restriction on transferability, except with
        respect to resale restrictions applicable to shares of our common stock that
        are
        delivered to Optionees that are deemed to be our
        affiliates.&#160;&#160;Recipients of shares other than persons who are
        "affiliates" of Company within the meaning of the Securities Act of 1933, as
        amended (the "Securities Act") may sell all or part of the shares in any way
        permitted by law, including sales in the over-the-counter market at prices
        prevailing at the time of such sale.&#160;&#160;An affiliate is summarily, any
        director, executive officer or controlling stockholder of the Company or any
        one
        of its subsidiaries.&#160;&#160;An affiliate of the Company is subject to
        Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange
        Act").&#160;&#160;If an Optionee who is not now an affiliate becomes an
        affiliate in the future, he/she would then be subject to Section 16(b) of the
        Exchange Act.&#160;&#160;The common stock is traded on the OTC Bulletin Board
        under the symbol "CMEG."</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>THESE
        SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE
        COMMISSION NOR HAS THE COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY OF THIS
        PROSPECTUS.&#160;&#160;ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL
        OFFENSE.</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        date
        of this prospectus is October 19, 2007</font></div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div><br>&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div><br>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman;">2</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div><br>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">This
        prospectus is part of a registration statement which was filed and became
        effective under the Securities Act, and does not contain all of the information
        set forth in the registration statement, certain portions of which have been
        omitted pursuant to the rules and regulations promulgated by the U.S. Securities
        and Exchange Commission (the "Commission") under the Securities
        Act.&#160;&#160;The statements in this prospectus as to the contents of any
        contracts or other documents filed as an exhibit to either the registration
        statement or other filings by the Company with the Commission are qualified
        in
        their entirety by the reference thereto.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">A
        copy of
        any document or part thereof incorporated by reference in this prospectus but
        not delivered herewith will be furnished without charge upon written or oral
        request. Requests should be addressed to: Robert Atwell, Chairman of the Board,
        2020 Main Street, Suite 990, Irvine, California 92614. The Company's telephone
        number is (949) 777-1090.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        Company is subject to the reporting requirements of the Exchange Act and files
        reports and other information with the Commission.&#160;&#160;These reports, as
        well as proxy statements, information statements and other information filed
        by
        the Company under the Exchange Act, may be inspected and copied at the public
        reference facilities maintained by the Commission at 100 F Street, NE,
        Washington, 20549.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">No
        person
        has been authorized to give any information or to make any representation,
        other
        than those contained in this prospectus, and, if given or made, such other
        information or representation must not be relied upon as having been authorized
        by the Company. This prospectus does not constitute an offer or a solicitation
        by anyone in any state in which such is not authorized or in which the person
        making such is not qualified or to any person to whom it is unlawful to make
        an
        offer or solicitation.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Neither
        the delivery of this prospectus nor any sale made hereunder shall, under any
        circumstances, create any implication that there has not been a change in the
        affairs of the Company since the date hereof.</font></div>
      <div><br></div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div><br>&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman;">3</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div><br>
      <div><br></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>TABLE
        OF CONTENTS</strong></font></div>
      <div><br></div>
      <div><br></div>
      <div align="left">
        <table cellpadding="0" cellspacing="0" width="100%">
  
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="68%" style="BORDER-TOP: medium none; BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">INFORMATION
                  REQUIRED IN THE SECTION 10(a) PROSPECTUS</font></div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none; BORDER-TOP: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">5</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Item
                  1. Stock Option Plan information</font></div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">5</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Item
                  2. Registrant Information and Employee Plan Annual
                  Information</font></div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">5</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">INFORMATION
                  REQUIRED IN THE REGISTRATION STATEMENT</font></div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">6</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Item
                  3. Incorporation of Documents by Reference</font></div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">6</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Item
                  4. Description of Securities</font></div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">6</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Item
                  5. Interests of Named Experts and Counsel</font></div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">6</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Item
                  6. Indemnification of Officers, Directors, Employees and Agents;
                  Insurance</font></div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">6</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Item
                  7. Exemption from Registration Claimed</font></div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">7</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Item
                  8. Exhibits</font></div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">7</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Item
                  9. Undertakings</font></div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">8</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="68%" style="BORDER-LEFT: medium none; BORDER-BOTTOM: 4px">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">SIGNATURES</font></div>
              </td>
              <td align="left" valign="top" width="4%" style="BORDER-RIGHT: medium none; BORDER-BOTTOM: 4px">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">9</font></div>
              </td>
            </tr>
  
        </table>
      </div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div><br>&#160;</div>
      <div><br></div><br>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman;">4</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div><br>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>PART
        1</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>INFORMATION
        REQUIRED IN THE SECTION 10(a) PROSPECTUS</strong></font></div>
      <div><br></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>ITEM
        1. STOCK OPTION PLAN INFORMATION.</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">THE
        COMPANY</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        Company has its principal executive offices at 2020 Main Street, Suite 990,
        Irvine, California&#160;&#160;92614. The Company's telephone number is (949)
        777-1090.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">PURPOSE</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        Company will issue common stock to Optionees upon the exercise of options held
        by those Optionees, which options were granted pursuant to the Stock Option
        Plan, which has been approved by the Board of Directors and stockholders of
        the
        Company.&#160;&#160;The Stock Option Plan is intended to provide a method
        whereby the Company may be stimulated by the ongoing commitment, personal
        involvement and dedication of our Employees, Advisors and Consultants in our
        future prosperity, thereby advancing the interests of the Company, and all
        of
        our stockholders.&#160;&#160;A copy of the Stock Option Plan has been filed as
        an exhibit to this registration statement.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">COMMON
        STOCK</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        Company&#8217;s Board of Directors has authorized the issuance of up to 20,000,000
        shares of the common stock to the persons holding options covered by the amended
        Stock Option Plan upon effectiveness of this registration
        statement.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">OPTIONEES</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        Company relies on employees and a variety of outside or independent consultants
        for a variety of services from time to time. In exchange for consulting services
        that benefit us, we intend to compensate them for their services under the
        terms
        of the Stock Option Plan by delivering options for the purchase of our common
        stock to them in lieu of cash compensation.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">NO
        RESTRICTIONS ON TRANSFER</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        Optionees will become the record and beneficial owners of the shares of common
        stock upon the exercise of options and will be entitled to all of the rights
        of
        ownership, including the right to vote any shares awarded and to receive
        ordinary cash dividends on the common stock.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>ITEM
        2. REGISTRANT INFORMATION AND EMPLOYEE PLAN ANNUAL
        INFORMATION</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Not
        Applicable.</font></div>
      <div><br></div><br>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman;">5</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div><br>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>PART
        II</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>INFORMATION
        REQUIRED IN THE REGISTRATION STATEMENT</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>ITEM
        3. INCORPORATION OF DOCUMENTS BY REFERENCE.</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        following documents filed with the Commission by the Company are incorporated
        herein by reference:</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(a)
        The
        Company's latest Annual Report on Form 10-KSB for the year ended December 31,
        2006, as well as the Company's quarterly report filed on Form 10-QSB for the
        period ended June 30, 2007;</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(b)
        The
        reports of the Company filed pursuant to Section 13(a) or 15(d) of the Exchange
        Act since the fiscal year ended December 31, 2006;</font></div>
      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(c)
        All
        other documents filed by the Company after the date of this amended registration
        statement pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act,
        prior to the filing of a post-effective amendment to this registration statement
        which de-registers all securities then remaining unsold, shall be deemed to
        be
        incorporated by reference in this registration statement and to be a part hereof
        from the date of filing such documents.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>ITEM
        4. DESCRIPTION OF SECURITIES.</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Not
        applicable.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>ITEM
        5. INTERESTS OF NAMED EXPERTS AND COUNSEL.</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Not
        applicable</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>ITEM
        6. INDEMNIFICATION OF OFFICERS AND DIRECTORS.</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>Indemnification
        of Directors and Officers.</u></strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section&#160;145
        of the Delaware General Corporation Law permits indemnification of a
        corporation&#8217;s officers and directors under certain conditions and subject to
        certain limitations. Section&#160;145 of the Delaware General Corporation Law
        also provides that a corporation has the power to purchase and maintain
        insurance on behalf of its officers and directors against any liability asserted
        against such person and incurred by him or her in such capacity, or arising
        out
        of his or her status as such, whether or not the corporation would have the
        power to indemnify him or her against such liability under the provisions of
        Section&#160;145 of the Delaware General Corporation Law.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Article&#160;VII,
        Section&#160;I of our Bylaws provides that we will indemnify our directors and
        executive officers to the fullest extent permitted by the Delaware General
        Corporation Law. The rights to indemnity thereunder continue as to a person
        who
        has ceased to be a director, officer, employee or agent and inure to the benefit
        of the heirs, executors and administrators of the person. In addition, expenses
        incurred by a director or executive officer in defending any civil, criminal,
        administrative or investigative action, suit or proceeding by reason of the
        fact
        that he or she is or was our director or officer (or was serving at our request
        as a director or officer of another corporation) shall be paid by us in advance
        of the final disposition of such action, suit or proceeding upon receipt of
        an
        undertaking by or on behalf of such director or officer to repay such amount
        if
        it shall ultimately be determined that he or she is not entitled to be
        indemnified by us as authorized by the relevant section of the Delaware General
        Corporation Law.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">As
        permitted by Section&#160;102(b)(7) of the Delaware General Corporation Law,
        Article&#160;VIII of our Amended and Restated Certificate of Incorporation
        provides that our directors shall not be personally liable for monetary damages
        for breach of fiduciary duty as a director, except for liability (a)&#160;for
        any breach of the director&#8217;s duty of loyalty to us or our stockholders,
        (b)&#160;for acts or omissions not in good faith or acts or omissions that
        involve intentional misconduct or a knowing violation of law, (c)&#160;under
        Section&#160;174 of the Delaware General Corporation Law or (d)&#160;for any
        transaction from which the director derived any improper personal
        benefit.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div><br>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman;">6</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div><br>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font size="2"><strong>ITEM
        6. INDEMNIFICATION OF OFFICERS AND
        DIRECTORS. - </strong><em>continued</em></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">We
        have
        entered into indemnification agreements with our directors and executive
        officers. Generally, the indemnification agreements attempt to provide the
        maximum protection permitted by Delaware law as it may be amended from time
        to
        time. The indemnification agreements provide for us to advance to the individual
        any and all reasonable expenses (including legal fees and expenses) incurred
        in
        investigating or defending any action, suit or proceeding. In order to receive
        an advance of expenses, the individual must submit to us a statement or
        statements that reasonably evidence(s) such expenses. Also, the individual
        must
        repay such advances upon a final judicial decision that he or she is not
        entitled to indemnification.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">We
        have
        purchased directors&#8217; and officers&#8217; liability insurance.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        foregoing indemnification provisions are broad enough to encompass certain
        liabilities of directors and officers of Company under the Securities Act of
        1933.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">INSOFAR
        AS INDEMNIFICATION FOR LIABILITIES OCCURRING PURSUANT TO THE PROVISIONS OF
        THE
        SECURITIES ACT OF 1933 MAY BE PERMITTED AS TO DIRECTORS, OFFICERS, OR PERSONS
        CONTROLLING THE COMPANY PURSUANT TO THE FOREGOING PROVISIONS, THE COMPANY HAS
        BEEN INFORMED THAT IN THE OPINION OF THE SECURITIES AND EXCHANGE COMMISSION,
        SUCH INDEMNIFICATION IS AGAINST PUBLIC POLICY AS EXPRESSED IN THAT ACT AND,
        THEREFORE, IS UNENFORCEABLE.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>ITEM
        7. EXEMPTION FROM REGISTRATION CLAIMED.</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Not
        applicable.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>ITEM
        8. EXHIBITS.</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(a)
        The
        following exhibits are filed as part of this registration statement pursuant
        to
        Item 601 of the Regulation SB and are specifically incorporated herein by this
        reference:</font></div>
      <div><br></div>
      <div align="left">
        <table cellpadding="0" cellspacing="0" width="100%">
  
            <tr>
              <td align="left" valign="top" width="14%" style="BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Exhibit
                  No.</font></div>
              </td>
              <td align="left" valign="top" width="58%" style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Title</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="14%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="58%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="14%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">4.1</font></div>
              </td>
              <td align="left" valign="top" width="58%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2007
                  Stock Option Plan</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="14%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="58%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="14%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">5.1</font></div>
              </td>
              <td align="left" valign="top" width="58%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Legal
                  opinion of Astor Weiss Kaplan &amp; Mandel, LLP.</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="14%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="58%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="14%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">23.1</font></div>
              </td>
              <td align="left" valign="top" width="58%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Consent
                  of Astor Weiss Kaplan &amp; Mandel, LLP (Incorporated by Reference in
                  Exhibit 5.1)</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="14%" style="BORDER-LEFT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="58%" style="BORDER-RIGHT: medium none">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="14%" style="BORDER-LEFT: medium none; BORDER-BOTTOM: 4px">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">23.2</font></div>
              </td>
              <td align="left" valign="top" width="58%" style="BORDER-RIGHT: medium none; BORDER-BOTTOM: 4px">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Consent
                  of Independent Certified Public
                  Accountant</font></div>
              </td>
            </tr>
  
        </table>
      </div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div><br>&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><br>
        <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
          <div id="FTR">
            <div id="GLFTR" style="WIDTH: 100%" align="left">
            </div>
          </div>
          <div id="PN" style="PAGE-BREAK-AFTER: always">
            <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman;">7</font></div>
            <div style="WIDTH: 100%; TEXT-ALIGN: center">
              <hr style="COLOR: black" noshade size="2">
            </div>
          </div>
          <div id="HDR">
            <div id="GLHDR" style="WIDTH: 100%" align="right">
            </div>
          </div>
        </div><br>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>ITEM
          9. UNDERTAKINGS.</strong></font></div>
        <div><br></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
          undersigned registrant hereby undertakes:</font></div>
        <div><br></div>
        <div>
          <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
  
              <tr valign="top">
                <td align="left" style="WIDTH: 27pt">
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(1)</font></div>
                </td>
                <td align="left">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">To
                    file, during any period in which offers or sales are being made,
                    a
                    post-effective amendment to this registration statement
                    to:</font></div>
                </td>
              </tr>
  
          </table>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
  
            <tr valign="top">
              <td style="WIDTH: 27pt">
              </td>
              <td align="left" style="WIDTH: 27pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(i)</font></div>
              </td>
              <td align="left">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">include
                  any prospectus required by Section 10(a)(3) of the Securities
                  Act;</font></div>
              </td>
            </tr>
  
        </table>
      </div>
      <div><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
  
            <tr valign="top">
              <td style="WIDTH: 27pt">
              </td>
              <td align="left" style="WIDTH: 27pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(ii)</font></div>
              </td>
              <td align="left">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">reflect
                  in the prospectus any facts or events arising after the effective
                  date of
                  the registration statement (or the most recent post-effective amendment
                  thereof) which, individually or in the aggregate, represents a fundamental
                  change in the information set forth in the registration
                  statement;</font></div>
              </td>
            </tr>
  
        </table>
      </div>
      <div><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
  
            <tr valign="top">
              <td style="WIDTH: 27pt">
              </td>
              <td align="left" style="WIDTH: 27pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(iii)</font></div>
              </td>
              <td align="left">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">include
                  any material information with respect to the plan of distribution
                  not
                  previously disclosed in this registration statement or any material
                  change
                  to such information in this registration
                  statement.</font></div>
              </td>
            </tr>
  
        </table>
      </div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Provided,
        however, that paragraphs (1)(i) and (1)(ii) shall not apply if the information
        required to be included in a post-effective amendment by those paragraphs is
        incorporated by reference from periodic reports filed by the registrant pursuant
        to section 13 or section 15(d) of the Securities Exchange Act of 1934 that
        are
        incorporated by reference in the registration statement.</font></div>
      <div><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
  
            <tr valign="top">
              <td align="left" style="WIDTH: 27pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(2)</font></div>
              </td>
              <td align="left">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">That,
                  for the purpose of determining any liability pursuant to the Securities
                  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 offered at that time shall be deemed
                  to be the
                  initial bona fide offering thereof.</font></div>
              </td>
            </tr>
  
        </table>
      </div>
      <div><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
  
            <tr valign="top">
              <td align="left" style="WIDTH: 27pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(3)</font></div>
              </td>
              <td align="left">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">To
                  remove from registration by means of a post-effective amendment any
                  of the
                  securities being registered which remain unsold at the termination
                  of the
                  offering.</font></div>
              </td>
            </tr>
  
        </table>
      </div>
      <div><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
  
            <tr valign="top">
              <td align="left" style="WIDTH: 27pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(4)</font></div>
              </td>
              <td align="left">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">To
                  deliver or cause to be delivered with the prospectus, to each person
                  to
                  whom the prospectus is sent or given, the latest annual report to
                  security
                  holders that is incorporated by reference in the prospectus and furnished
                  pursuant to and meeting the requirements of Rule 14a-3 or Rule 14c-3
                  under
                  the Securities Exchange Act of 1934; and, where interim financial
                  information required to be presented by Article 3 of Regulation S-X
                  is not
                  set forth in the prospectus, to deliver, or cause to be delivered
                  to each
                  person to whom the prospectus is sent or given, the latest quarterly
                  report that is specifically incorporated by reference in the prospectus
                  to
                  provide such interim financial
                  information.</font></div>
              </td>
            </tr>
  
        </table>
      </div>
      <div><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
  
            <tr valign="top">
              <td align="left" style="WIDTH: 27pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(5)</font></div>
              </td>
              <td align="left">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Insofar
                  as indemnification for liabilities arising under the Securities Act
                  may be
                  permitted to directors, officers and controlling persons of registrant
                  pursuant to the foregoing provisions, or otherwise, registrant has
                  been
                  advised that in the opinion of the Securities and Exchange Commission
                  such
                  indemnification is against public policy as expressed in the Securities
                  Act and is therefore, unenforceable. In the event that a claim for
                  indemnification against such liabilities (other than the payment
                  by
                  registrant of expenses incurred or paid by a director, officer or
                  controlling person of 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, 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 is against public policy as
                  expressed in the Act and will be governed by the final adjudication
                  of
                  such issue.</font></div>
              </td>
            </tr>
  
        </table>
      </div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        undersigned hereby undertakes that, for purposes of determining any liability
        under the Securities Act of 1933, each filing of registrant's annual report
        pursuant to Section 13(a) of the Securities Exchange Act of 1934 (and, where
        applicable, each filing of an employee benefit plan's annual report pursuant
        to
        section 15(d) of the Securities Exchange Act of 1934) that is incorporated
        by
        reference in the registration statement shall be deemed to be a new registration
        statement relating to the securities offered therein, and the offering of such
        securities at that time shall be deemed to be the initial bona fide offering
        thereof.</font></div>
      <div><br></div><br>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman;">8</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div><br>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>SIGNATURES</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Pursuant
        to the requirements of the Securities Act of 1933, the Registrant certifies
        it
        has reasonable grounds to believe that it meets all of the requirements for
        filing on Form S-8 and has duly caused this registration statement to be signed
        on its behalf by the undersigned thereunto duly authorized in Irvine, California
        on this 19th day of October, 2007.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>CAMELOT
        ENTERTAINMENT GROUP, INC.</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Registrant)</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">/s/
        Robert Atwell </font>
        <div>
          <hr style="COLOR: black" align="left" noshade size="2" width="25%">
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Robert
        Atwell</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">President</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Pursuant
        to the requirements of the Securities Act of 1933, this registration statement
        has been signed by the following persons in the capacities and on the date
        indicated.</font></div>
      <div><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
  
            <tr>
              <td align="left" valign="top" width="21%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">SIGNATURES</font></div>
              </td>
              <td align="left" valign="top" width="33%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">TITLE</font></div>
              </td>
              <td align="left" valign="top" width="17%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">DATE</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="21%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="33%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="17%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="21%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Robert
                  Atwell</font></div>
              </td>
              <td align="left" valign="top" width="33%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Principal
                  Executive Officer</font></div>
              </td>
              <td align="left" valign="top" width="17%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">October
                  19, 2007</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="21%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">George
                  Jackson</font></div>
              </td>
              <td align="left" valign="top" width="33%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Principal
                  Financial Officer</font></div>
              </td>
              <td align="left" valign="top" width="17%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">October
                  19, 2007</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="21%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="33%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Principal
                  Accounting Officer</font></div>
              </td>
              <td align="left" valign="top" width="17%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="21%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="33%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Director</font></div>
              </td>
              <td align="left" valign="top" width="17%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
            </tr>
  
        </table>
      </div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman;">9</font>
        <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
          <hr style="COLOR: black" align="left" noshade size="2" width="100%">
        </div>
      </div>
    </body>
  </html>
metadata_documents: [{"type": "S-8", "sequence": "1", "filename": "camelot_s-8.htm", "description": "CAMELOT ENTERTAINMENT, INC. S-8", "secsgml_size_bytes": 87411}]
metadata_filer: {"company-data": {"conformed-name": "Camelot Entertainment Group, Inc.", "cik": "0001115818", "assigned-sic": "7812", "irs-number": "522195605", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-146862", "film-number": "071185194"}, "business-address": {"street1": "2020 MAIN STREET", "street2": "#990", "city": "IRVINE", "state": "CA", "zip": "92614", "phone": "949-777-1090"}, "mail-address": {"street1": "2020 MAIN STREET", "street2": "#990", "city": "IRVINE", "state": "CA", "zip": "92614"}, "former-company": {"former-conformed-name": "DSTAGE COM INC", "date-changed": "20000530"}}
text: camelot_s-8.htm
  SECURITIES
        AND EXCHANGE COMMISSION
  Washington,
        D.C. 20549
  FORM
        S-8
  REGISTRATION
        STATEMENT UNDER THE SECURITIES ACT OF 1933
  CAMELOT
        ENTERTAINMENT GROUP, INC.
  (Exact
        name of Registrant as specified in its charter)
  Delaware
  52-2195605
  (State
                  or other jurisdiction of
  (IRS
                  Employer
  incorporation
                  or organization)
  Identification
                  No.)
  2020
        Main Street, Suite 990
  Irvine,
        CA  92614
  (Address
        of Principal Executive Offices, including ZIP Code)
  2007
        Stock Option Plan
  (Full
        title of the plan)
  Christopher
        P. Flannery, Esq.
  Astor
        Weiss Kaplan & Mandel, LLP
  The
        Bellvue
  200
        South Broad Street
  Philadelphia,
        PA 19102
  (Name
        and
        address of agent for service)
  (215)
        790-0100
  (Telephone
        number, including area code, of agent for service)
  CALCULATION
        OF REGISTRATION FEE
  Title
                  of plan to be registered (1)
  Amount
                  to be
  Registered
                  (2)
  Proposed
                  maximum offering price per share (3)
  Proposed
                  maximum aggregate offering price (3)
  Amount
                  of registration fee
  2007
                  Stock Option Plan
  20,000,000
  $0.003
  $60,000
  $1.84
  Totals
  20,000,000
  $60,000
  $1.84
  (1)
        This
        registration statement dated October 19, 2007 covers the common stock issuable
        upon the exercise of options issued under the 2007 Stock Option Plan of the
        registrant.
  (2)
        This
        registration statement shall also cover an indeterminable number of additional
        shares of common stock which may become issued under the amended 2007 Stock
        Option Plan by reason of any stock dividend, stock split, re-capitalization
        or
        any other similar transaction effected without the receipt of consideration
        which results in an increase in the number of the registrant's outstanding
        shares of common stock.
  (3)
        This
        calculation is made solely for the purposes of determining the registration
        fee
        pursuant to the provisions of Rule 457(c) under the Securities Act of 1933,
        as
        amended, and is calculated on the basis of the average price of the common
        stock
        reported on the OTC Bulletin Board for the week ending October 19, 2007, a
        date
        within five business days prior to the filing of this registration
        statement.
  1
  PROSPECTUS
  CAMELOT
        ENTERTAINMENT GROUP, INC.
  20,000,000
        Shares Of Common Stock
  This
        prospectus relates to the offer and sale of up to 20,000,000 shares of common
        stock of Camelot Entertainment Group, Inc., a Delaware corporation (the
        "Company"), issuable upon the exercise of options issued to employees, advisors
        and consultants (collectively the "Optionees") pursuant to the 2007 Stock Option
        Plan (the "Stock Option Plan") that has been approved by the board of directors
        of the Company.
  The
        common stock is not subject to any restriction on transferability, except with
        respect to resale restrictions applicable to shares of our common stock that
        are
        delivered to Optionees that are deemed to be our
        affiliates.  Recipients of shares other than persons who are
        "affiliates" of Company within the meaning of the Securities Act of 1933, as
        amended (the "Securities Act") may sell all or part of the shares in any way
        permitted by law, including sales in the over-the-counter market at prices
        prevailing at the time of such sale.  An affiliate is summarily, any
        director, executive officer or controlling stockholder of the Company or any
        one
        of its subsidiaries.  An affiliate of the Company is subject to
        Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange
        Act").  If an Optionee who is not now an affiliate becomes an
        affiliate in the future, he/she would then be subject to Section 16(b) of the
        Exchange Act.  The common stock is traded on the OTC Bulletin Board
        under the symbol "CMEG."
  THESE
        SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE
        COMMISSION NOR HAS THE COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY OF THIS
        PROSPECTUS.  ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL
        OFFENSE.
  The
        date
        of this prospectus is October 19, 2007
  2
  This
        prospectus is part of a registration statement which was filed and became
        effective under the Securities Act, and does not contain all of the information
        set forth in the registration statement, certain portions of which have been
        omitted pursuant to the rules and regulations promulgated by the U.S. Securities
        and Exchange Commission (the "Commission") under the Securities
        Act.  The statements in this prospectus as to the contents of any
        contracts or other documents filed as an exhibit to either the registration
        statement or other filings by the Company with the Commission are qualified
        in
        their entirety by the reference thereto.
  A
        copy of
        any document or part thereof incorporated by reference in this prospectus but
        not delivered herewith will be furnished without charge upon written or oral
        request. Requests should be addressed to: Robert Atwell, Chairman of the Board,
        2020 Main Street, Suite 990, Irvine, California 92614. The Company's telephone
        number is (949) 777-1090.
  The
        Company is subject to the reporting requirements of the Exchange Act and files
        reports and other information with the Commission.  These reports, as
        well as proxy statements, information statements and other information filed
        by
        the Company under the Exchange Act, may be inspected and copied at the public
        reference facilities maintained by the Commission at 100 F Street, NE,
        Washington, 20549.
  No
        person
        has been authorized to give any information or to make any representation,
        other
        than those contained in this prospectus, and, if given or made, such other
        information or representation must not be relied upon as having been authorized
        by the Company. This prospectus does not constitute an offer or a solicitation
        by anyone in any state in which such is not authorized or in which the person
        making such is not qualified or to any person to whom it is unlawful to make
        an
        offer or solicitation.
  Neither
        the delivery of this prospectus nor any sale made hereunder shall, under any
        circumstances, create any implication that there has not been a change in the
        affairs of the Company since the date hereof.
  3
  TABLE
        OF CONTENTS
  INFORMATION
                  REQUIRED IN THE SECTION 10(a) PROSPECTUS
  5
  Item
                  1. Stock Option Plan information
  5
  Item
                  2. Registrant Information and Employee Plan Annual
                  Information
  5
  INFORMATION
                  REQUIRED IN THE REGISTRATION STATEMENT
  6
  Item
                  3. Incorporation of Documents by Reference
  6
  Item
                  4. Description of Securities
  6
  Item
                  5. Interests of Named Experts and Counsel
  6
  Item
                  6. Indemnification of Officers, Directors, Employees and Agents;
                  Insurance
  6
  Item
                  7. Exemption from Registration Claimed
  7
  Item
                  8. Exhibits
  7
  Item
                  9. Undertakings
  8
  SIGNATURES
  9
  4
  PART
        1
  INFORMATION
        REQUIRED IN THE SECTION 10(a) PROSPECTUS
  ITEM
        1. STOCK OPTION PLAN INFORMATION.
  THE
        COMPANY
  The
        Company has its principal executive offices at 2020 Main Street, Suite 990,
        Irvine, California  92614. The Company's telephone number is (949)
        777-1090.
  PURPOSE
  The
        Company will issue common stock to Optionees upon the exercise of options held
        by those Optionees, which options were granted pursuant to the Stock Option
        Plan, which has been approved by the Board of Directors and stockholders of
        the
        Company.  The Stock Option Plan is intended to provide a method
        whereby the Company may be stimulated by the ongoing commitment, personal
        involvement and dedication of our Employees, Advisors and Consultants in our
        future prosperity, thereby advancing the interests of the Company, and all
        of
        our stockholders.  A copy of the Stock Option Plan has been filed as
        an exhibit to this registration statement.
  COMMON
        STOCK
  The
        Company's Board of Directors has authorized the issuance of up to 20,000,000
        shares of the common stock to the persons holding options covered by the amended
        Stock Option Plan upon effectiveness of this registration
        statement.
  OPTIONEES
  The
        Company relies on employees and a variety of outside or independent consultants
        for a variety of services from time to time. In exchange for consulting services
        that benefit us, we intend to compensate them for their services under the
        terms
        of the Stock Option Plan by delivering options for the purchase of our common
        stock to them in lieu of cash compensation.
  NO
        RESTRICTIONS ON TRANSFER
  The
        Optionees will become the record and beneficial owners of the shares of common
        stock upon the exercise of options and will be entitled to all of the rights
        of
        ownership, including the right to vote any shares awarded and to receive
        ordinary cash dividends on the common stock.
  ITEM
        2. REGISTRANT INFORMATION AND EMPLOYEE PLAN ANNUAL
        INFORMATION
  Not
        Applicable.
  5
  PART
        II
  INFORMATION
        REQUIRED IN THE REGISTRATION STATEMENT
  ITEM
        3. INCORPORATION OF DOCUMENTS BY REFERENCE.
  The
        following documents filed with the Commission by the Company are incorporated
        herein by reference:
  (a)
        The
        Company's latest Annual Report on Form 10-KSB for the year ended December 31,
        2006, as well as the Company's quarterly report filed on Form 10-QSB for the
        period ended June 30, 2007;
  (b)
        The
        reports of the Company filed pursuant to Section 13(a) or 15(d) of the Exchange
        Act since the fiscal year ended December 31, 2006;
  (c)
        All
        other documents filed by the Company after the date of this amended registration
        statement pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act,
        prior to the filing of a post-effective amendment to this registration statement
        which de-registers all securities then remaining unsold, shall be deemed to
        be
        incorporated by reference in this registration statement and to be a part hereof
        from the date of filing such documents.
  ITEM
        4. DESCRIPTION OF SECURITIES.
  Not
        applicable.
  ITEM
        5. INTERESTS OF NAMED EXPERTS AND COUNSEL.
  Not
        applicable
  ITEM
        6. INDEMNIFICATION OF OFFICERS AND DIRECTORS.
  Indemnification
        of Directors and Officers.
  Section 145
        of the Delaware General Corporation Law permits indemnification of a
        corporation's officers and directors under certain conditions and subject to
        certain limitations. Section 145 of the Delaware General Corporation Law
        also provides that a corporation has the power to purchase and maintain
        insurance on behalf of its officers and directors against any liability asserted
        against such person and incurred by him or her in such capacity, or arising
        out
        of his or her status as such, whether or not the corporation would have the
        power to indemnify him or her against such liability under the provisions of
        Section 145 of the Delaware General Corporation Law.
  Article VII,
        Section I of our Bylaws provides that we will indemnify our directors and
        executive officers to the fullest extent permitted by the Delaware General
        Corporation Law. The rights to indemnity thereunder continue as to a person
        who
        has ceased to be a director, officer, employee or agent and inure to the benefit
        of the heirs, executors and administrators of the person. In addition, expenses
        incurred by a director or executive officer in defending any civil, criminal,
        administrative or investigative action, suit or proceeding by reason of the
        fact
        that he or she is or was our director or officer (or was serving at our request
        as a director or officer of another corporation) shall be paid by us in advance
        of the final disposition of such action, suit or proceeding upon receipt of
        an
        undertaking by or on behalf of such director or officer to repay such amount
        if
        it shall ultimately be determined that he or she is not entitled to be
        indemnified by us as authorized by the relevant section of the Delaware General
        Corporation Law.
  As
        permitted by Section 102(b)(7) of the Delaware General Corporation Law,
        Article VIII of our Amended and Restated Certificate of Incorporation
        provides that our directors shall not be personally liable for monetary damages
        for breach of fiduciary duty as a director, except for liability (a) for
        any breach of the director's duty of loyalty to us or our stockholders,
        (b) for acts or omissions not in good faith or acts or omissions that
        involve intentional misconduct or a knowing violation of law, (c) under
        Section 174 of the Delaware General Corporation Law or (d) for any
        transaction from which the director derived any improper personal
        benefit.
  6
  ITEM
        6. INDEMNIFICATION OF OFFICERS AND
        DIRECTORS. -
  continued
  We
        have
        entered into indemnification agreements with our directors and executive
        officers. Generally, the indemnification agreements attempt to provide the
        maximum protection permitted by Delaware law as it may be amended from time
        to
        time. The indemnification agreements provide for us to advance to the individual
        any and all reasonable expenses (including legal fees and expenses) incurred
        in
        investigating or defending any action, suit or proceeding. In order to receive
        an advance of expenses, the individual must submit to us a statement or
        statements that reasonably evidence(s) such expenses. Also, the individual
        must
        repay such advances upon a final judicial decision that he or she is not
        entitled to indemnification.
  We
        have
        purchased directors' and officers' liability insurance.
  The
        foregoing indemnification provisions are broad enough to encompass certain
        liabilities of directors and officers of Company under the Securities Act of
        1933.
  INSOFAR
        AS INDEMNIFICATION FOR LIABILITIES OCCURRING PURSUANT TO THE PROVISIONS OF
        THE
        SECURITIES ACT OF 1933 MAY BE PERMITTED AS TO DIRECTORS, OFFICERS, OR PERSONS
        CONTROLLING THE COMPANY PURSUANT TO THE FOREGOING PROVISIONS, THE COMPANY HAS
        BEEN INFORMED THAT IN THE OPINION OF THE SECURITIES AND EXCHANGE COMMISSION,
        SUCH INDEMNIFICATION IS AGAINST PUBLIC POLICY AS EXPRESSED IN THAT ACT AND,
        THEREFORE, IS UNENFORCEABLE.
  ITEM
        7. EXEMPTION FROM REGISTRATION CLAIMED.
  Not
        applicable.
  ITEM
        8. EXHIBITS.
  (a)
        The
        following exhibits are filed as part of this registration statement pursuant
        to
        Item 601 of the Regulation SB and are specifically incorporated herein by this
        reference:
  Exhibit
                  No.
  Title
  4.1
  2007
                  Stock Option Plan
  5.1
  Legal
                  opinion of Astor Weiss Kaplan & Mandel, LLP.
  23.1
  Consent
                  of Astor Weiss Kaplan & Mandel, LLP (Incorporated by Reference in
                  Exhibit 5.1)
  23.2
  Consent
                  of Independent Certified Public
                  Accountant
  7
  ITEM
          9. 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
                    to:
  (i)
  include
                  any prospectus required by Section 10(a)(3) of the Securities
                  Act;
  (ii)
  reflect
                  in the prospectus any facts or events arising after the effective
                  date of
                  the registration statement (or the most recent post-effective amendment
                  thereof) which, individually or in the aggregate, represents a fundamental
                  change in the information set forth in the registration
                  statement;
  (iii)
  include
                  any material information with respect to the plan of distribution
                  not
                  previously disclosed in this registration statement or any material
                  change
                  to such information in this registration
                  statement.
  Provided,
        however, that paragraphs (1)(i) and (1)(ii) shall not apply if the information
        required to be included in a post-effective amendment by those paragraphs is
        incorporated by reference from periodic reports filed by the registrant pursuant
        to section 13 or section 15(d) of the Securities Exchange Act of 1934 that
        are
        incorporated by reference in the registration statement.
  (2)
  That,
                  for the purpose of determining any liability pursuant to the Securities
                  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 offered 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)
  To
                  deliver or cause to be delivered with the prospectus, to each person
                  to
                  whom the prospectus is sent or given, the latest annual report to
                  security
                  holders that is incorporated by reference in the prospectus and furnished
                  pursuant to and meeting the requirements of Rule 14a-3 or Rule 14c-3
                  under
                  the Securities Exchange Act of 1934; and, where interim financial
                  information required to be presented by Article 3 of Regulation S-X
                  is not
                  set forth in the prospectus, to deliver, or cause to be delivered
                  to each
                  person to whom the prospectus is sent or given, the latest quarterly
                  report that is specifically incorporated by reference in the prospectus
                  to
                  provide such interim financial
                  information.
  (5)
  Insofar
                  as indemnification for liabilities arising under the Securities Act
                  may be
                  permitted to directors, officers and controlling persons of registrant
                  pursuant to the foregoing provisions, or otherwise, registrant has
                  been
                  advised that in the opinion of the Securities and Exchange Commission
                  such
                  indemnification is against public policy as expressed in the Securities
                  Act and is therefore, unenforceable. In the event that a claim for
                  indemnification against such liabilities (other than the payment
                  by
                  registrant of expenses incurred or paid by a director, officer or
                  controlling person of 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, 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 is against public policy as
                  expressed in the Act and will be governed by the final adjudication
                  of
                  such issue.
  The
        undersigned hereby undertakes that, for purposes of determining any liability
        under the Securities Act of 1933, each filing of registrant's annual report
        pursuant to Section 13(a) of the Securities Exchange Act of 1934 (and, where
        applicable, each filing of an employee benefit plan's annual report pursuant
        to
        section 15(d) of the Securities Exchange Act of 1934) that is incorporated
        by
        reference in the registration statement shall be deemed to be a new registration
        statement relating to the securities offered therein, and the offering of such
        securities at that time shall be deemed to be the initial bona fide offering
        thereof.
  8
  SIGNATURES
  Pursuant
        to the requirements of the Securities Act of 1933, the Registrant certifies
        it
        has reasonable grounds to believe that it meets all of the requirements for
        filing on Form S-8 and has duly caused this registration statement to be signed
        on its behalf by the undersigned thereunto duly authorized in Irvine, California
        on this 19th day of October, 2007.
  CAMELOT
        ENTERTAINMENT GROUP, INC.
  (Registrant)
  /s/
        Robert Atwell
  Robert
        Atwell
  President
  Pursuant
        to the requirements of the Securities Act of 1933, this registration statement
        has been signed by the following persons in the capacities and on the date
        indicated.
  SIGNATURES
  TITLE
  DATE
  Robert
                  Atwell
  Principal
                  Executive Officer
  October
                  19, 2007
  George
                  Jackson
  Principal
                  Financial Officer
  October
                  19, 2007
  Principal
                  Accounting Officer
  Director
  9