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        Studio One Form S-8
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">As
        filed
        with the Securities and Exchange Commission on October 31, 2006 </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">File
        No.
        333- </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;
  
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        <div>&#160;</div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><a name="FIS_UNIDENTIFIED_TABLE"><font style="DISPLAY: inline; FONT-SIZE: 24pt; FONT-FAMILY: Times New Roman"><strong>SECURITIES
        AND EXCHANGE COMMISSION </strong></font></a></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman">WASHINGTON,
        D.C. 20549 </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 24pt; FONT-FAMILY: Times New Roman"><strong>FORM
        S-8 </strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>REGISTRATION
        STATEMENT </strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>UNDER
        </strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>THE
        SECURITIES ACT OF 1933 </strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 15pt; FONT-FAMILY: Times New Roman"><strong>STUDIO
        ONE MEDIA, INC. </strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
        <div>
          <hr style="COLOR: black" align="left" noshade size="2" width="100%">
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Exact
        name of registrant as specified in its charter) </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br>&#160;</div>
      <div align="center">
        <table bgcolor="white" cellpadding="0" cellspacing="0" width="100%">
  
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              <td width="40%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;<font size="2">DELAWARE
  </font></div>
              </td>
              <td width="10%" style="border-bottom: #ffffff solid;">&#160;</td>
              <td width="40%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;<font size="2">23-2517953</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="40%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;<font size="2">(State
                  or other jurisdiction of&#160;
                  incorporation or organization)</font></div>
              </td>
              <td width="10%">&#160;</td>
              <td width="40%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(I.R.S.
                  Employer</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;Identification
                  No.)</font></div>
              </td>
            </tr>
  
        </table>
      </div>
      <div>&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><a name="FIS_STOCK_PLANS"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>2006
        Employee Stock Incentive Plan</u></strong></font></a></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Incorporating
        Services, Ltd., 3500 South Dupont Highway, Dover, DE 19901</u></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Name
        and
        Address of Agent for Service) </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>(302)
        531-0855</u></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Telephone
        number including area code, of agent for service) </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div><br>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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        <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 style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>CALCULATION
        OF REGISTRATION FEE </strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div>&#160;&#160;</div>
      <div align="center">
        <table bgcolor="white" cellpadding="0" cellspacing="0" id="ftable" width="100%">
  
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="43%" style="border-bottom: black thin solid;">&#160;<br>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Title
                  of Securities <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">to
                  be Registered </font></font></div>
              </td>
              <td width="2%" style="border-bottom: #ffffff solid;">&#160;</td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;">&#160;</td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;"><br>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">Amount
                  of <br></font>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">Shares
                    to be <br></font>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">Registered
                      (1)</font></div>
                  </div>
                </div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #ffffff solid;">&#160;</td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;">&#160;</td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">Proposed</font></div>
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px" align="center">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">Maximum<br></font>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">Offering
                      <br></font>
                      <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">Price
                        Per <br></font>
                        <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">Share(2)</font></div>
                      </div>
                    </div>
                  </div>
                </div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #ffffff solid;">&#160;</td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;">&#160;</td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">Proposed</font></div>
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px" align="center">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">Maximum<br></font>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">Aggregate<br></font>
                      <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">Offering<br></font>
                        <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">Price</font></div>
                      </div>
                    </div>
                  </div>
                </div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #ffffff solid;">&#160;</td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;">&#160;</td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;"><br>
                <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">Amount<br></font>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">of
                    Reg.<br></font>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">Fee(1)(3)</font></div>
                  </div>
                </div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #ffffff solid;">&#160;</td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="43%" style="border-bottom: medium none;">&#160;<br>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$0.001
                  par value Common <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Stock</font></font></div>
              </td>
              <td width="2%" style="border-bottom: medium none;">&#160;</td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;">&#160;</td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: medium none;"><br>
                <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">100,000
                  </font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;">&#160;</td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;">
                <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">$</font></div>
              </td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: medium none;"><br>
                <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">4.20</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;">&#160;</td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;">
                <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">$</font></div>
              </td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: medium none;"><br>
                <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">420,000</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;">&#160;</td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;">
                <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">$</font></div>
              </td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: medium none;"><br>
                <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">44.94</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;">&#160;</td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="43%" style="border-bottom: black thin solid;">&#160;<br>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Totals
                  </font></div>
              </td>
              <td width="2%" style="border-bottom: #ffffff solid;">&#160;</td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;">&#160;</td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;"><br>
                <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">100,000
                  </font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #ffffff solid;">&#160;</td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;">
                <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">$</font></div>
              </td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;"><br>
                <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">4.20</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #ffffff solid;">&#160;</td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;">
                <div style="DISPLAY: block; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">$</font></div>
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              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;">
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
        No.
        of pages: </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">38</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(1)
        Pursuant to Rule 416(c) promulgated under the Securities Act of 1933, as
        amended, the Registration Statement also covers an indeterminate amount of
        Shares to be offered or sold as a result of any adjustments from stock splits,
        stock dividends or similar events. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(2)
        Based
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        over-the-counter trading on </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">October
        31, 2006</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">.
        </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(3)
        Value
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div><br>
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        <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>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>PROSPECTUS
        </strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Studio
        One Media, Inc. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">7650
        E.
        Evans Rd., Suite C </font></div>
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        AZ 85260 </font></div>
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        556-9303</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(100,000
        SHARES OF COMMON STOCK) </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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 by Studio One Media, Inc., ("SOMD"),
        a
        Delaware corporation ("the Company") of shares of its $0.001 par value common
        stock (the "Common Stock) pursuant to its 2006 Employee Stock Incentive Plan
        where by certain individuals receive stock awards and/or stock options to
        stimulate their involvement and continued involvement in the Company. The
        Company is registering hereunder and then issuing upon receipt of adequate
        consideration there for to the Employee, Officer, Director or Consultant 100,000
        shares of the Common Stock in consideration for services rendered and/or to
        be
        rendered and payments made under the 2006 Employee Stock Incentive Plan.
  </font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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. Recipients
        of
        shares other than persons who are affiliates of the Company within the meaning
        of the Securities Act of 1933 (the 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. Shares registered hereunder are
        being sold to both affiliates and non-affiliates of the Company. An affiliate
        is, summarily, any director, executive officer or controlling shareholder of
        the
        Company. The affiliates of the Company may become subject to </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
        16(b) of the Securities Exchange Act of 1934 as amended (the Exchange Act)
        which
        would limit their discretion in transferring the shares acquired in the Company.
        If the individual who is not now an affiliate becomes an affiliate of the
        Company in the future; he would then be subject to Section I (b) of the Exchange
        Act (See General Information --- Restrictions on Resale). </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        Common Stock is listed on the OTC bulletin board under the symbol SOMD.
  </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">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.
  </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        date
        of this Prospectus is October 31, 2006 </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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">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 style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font size="2"><strong>PROSPECTUS
        - </strong>continued</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><a name="eolPage5"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">This
        Prospectus is not part of any Registration Statement, which was filed and been
        effective under the Securities Act of 1933 as amended (the Securities Act)
        and
        does not contain all of the information set forth in the Registration Statement,
        certain portions of which have been offered 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 of the Company with the Commission
        are qualified in their entirety by the reference thereto. </font></a></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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: Studio One Media, Inc., 7650 E. Evans
        Rd., Suite C, Scottsdale, AZ 85260, telephone (480) 556-9303. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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 in
        accordance therewith files reports and other information with the Commission.
        These reports as well as the proxy statements, information statements and other
        information filed by the Company under the Exchange Act may be reviewed and
        copied at the public reference facilities maintained by the Commission at 450
        Fifth Street N.C. Washington D.C. 20549. Copies maybe obtained at the prescribed
        rates. In addition the Common Stock is quoted on the automated quotation system
        maintained by the National Association of Securities Dealers, Inc. (NASD).
        Thus
        copies of these reports, proxy statements, information statements and other
        information may also be examined at the offices of the NASD at 1735 K Street
        N.W., Washington DC 20549. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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 one to whom it is unlawful to make an
        offer or solicitation </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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 style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br>&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><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 style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div align="center">
        <table bgcolor="white" cellpadding="0" cellspacing="0" width="100%">
  
            <tr bgcolor="white">
              <td width="5%">&#160;</td>
              <td width="90%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;<a name="eolPage6"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">TABLE
                  OF CONTENTS</font></a></div>
              </td>
              <td width="5%">&#160;</td>
            </tr>
            <tr bgcolor="white">
              <td width="5%">&#160;</td>
              <td width="90%">&#160;</td>
              <td width="5%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td width="5%">&#160;<font size="2">PART I</font></td>
              <td width="90%">&#160;</td>
              <td width="5%">&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Page</font></td>
            </tr>
            <tr bgcolor="white">
              <td width="5%">&#160;</td>
              <td width="90%">&#160;</td>
              <td width="5%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td colspan="2" width="95%">&#160;<font size="2">INFORMATION REQUIRED IN
                THE
                SECTION 10(A) PROSPECTUS</font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">6</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="5%">&#160;</td>
              <td width="90%">&#160;</td>
              <td width="5%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td width="5%">&#160;<font size="2">ITEM 1.</font></td>
              <td width="90%">&#160;<font size="2">PLAN INFORMATION</font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">6</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="5%">&#160;</td>
              <td width="90%">&#160;</td>
              <td width="5%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td colspan="2" width="95%">&#160;<font size="2">GENERAL INFORMATION
  </font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">6</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td colspan="2" width="95%">&#160;<font size="2">The Company</font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">6</font></div>
              </td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td colspan="2" width="95%">&#160;<font size="2">Purpose</font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">6</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td colspan="2" width="95%">&#160;<font size="2">Common Stock</font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">6</font></div>
              </td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td colspan="2" width="95%">&#160;<font size="2">The Company 2006 Employee
                Stock Incentive Plan</font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">6</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td colspan="2" width="95%">&#160;<font size="2">No Restrictions on Transfer
                </font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">6</font></div>
              </td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td colspan="2" width="95%">&#160;<font size="2">Tax Treatment to the
                Individual</font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">6</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td colspan="2" width="95%">&#160;<font size="2">Tax Treatment to the
                Company</font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">7</font></div>
              </td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td colspan="2" width="95%">&#160;<font size="2">Restrictions on
                Resale's</font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">7</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="5%">&#160;</td>
              <td width="90%">&#160;</td>
              <td width="5%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td colspan="2" width="95%">&#160;<font size="2">DOCUMENTS INCORPORATED BY
                REFERENCE &amp; ADDITIONAL INFORMATION</font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">7</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="5%">&#160;</td>
              <td width="90%">&#160;</td>
              <td width="5%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td width="5%">&#160;<font size="2">ITEM 2. </font></td>
              <td width="90%">&#160;<font size="2">REGISTRANT INFORMATION AND EMPLOYEE
                PLAN ANNUAL INFORMATION</font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">7</font></div>
              </td>
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            <tr bgcolor="white">
              <td width="5%">&#160;</td>
              <td width="90%">&#160;</td>
              <td width="5%">&#160;</td>
            </tr>
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              <td colspan="2" width="95%">&#160;<font size="2">Legal Opinion and
                Experts</font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">8</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="5%">&#160;</td>
              <td width="90%">&#160;</td>
              <td width="5%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td colspan="2" width="95%">&#160;<font size="2">Indemnification of Officers
                and Directors</font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">8</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="5%">&#160;</td>
              <td width="90%">&#160;</td>
              <td width="5%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td width="5%">&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PART
                II</font></td>
              <td width="90%">&#160;</td>
              <td width="5%">
                <div style="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 bgcolor="white">
              <td width="5%">&#160;</td>
              <td width="90%">&#160;</td>
              <td width="5%">&#160;</td>
            </tr>
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              <td colspan="2" width="95%">&#160;<font size="2">INFORMATION REQUIRED IN
                THE
                REGISTRATION STATEMENT</font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">8</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="5%">&#160;</td>
              <td width="90%">&#160;</td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
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              <td width="5%">&#160;<font size="2">ITEM 3.</font></td>
              <td width="90%">&#160;<font size="2">&#160;INCORPORATION OF DOCUMENTS BY
                REFERENCE</font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">8</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="5%">&#160;</td>
              <td width="90%">&#160;</td>
              <td width="5%">&#160;</td>
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              <td width="5%">&#160;<font size="2">ITEM 4. </font></td>
              <td width="90%">&#160;<font size="2">DESCRIPTION OF SECURITIES</font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">8</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="5%">&#160;</td>
              <td width="90%">&#160;</td>
              <td width="5%">&#160;</td>
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              <td width="5%">&#160;<font size="2">ITEM 5.</font></td>
              <td width="90%">&#160;<font size="2">INTERESTS OF NAMED EXPERTS AND
                COUNSEL</font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">9</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="5%">&#160;</td>
              <td width="90%">&#160;</td>
              <td width="5%">&#160;</td>
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              <td width="5%">&#160;<font size="2">ITEM 6.</font></td>
              <td width="90%">&#160;<font size="2">INDEMNIFICATION OF DIRECTORS AND
                OFFICERS</font></td>
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                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">9</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="5%">&#160;</td>
              <td width="90%">&#160;</td>
              <td width="5%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td width="5%">&#160;<font size="2">ITEM 7.</font></td>
              <td width="90%">&#160;<font size="2">EXEMPTION FROM REGISTRATION
                CLAIMED</font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">9</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="5%">&#160;</td>
              <td width="90%">&#160;</td>
              <td width="5%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td width="5%">&#160;<font size="2">ITEM 8.</font></td>
              <td width="90%">&#160;<font size="2">EXHIBITS</font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">9</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="5%">&#160;</td>
              <td width="90%">&#160;</td>
              <td width="5%">&#160;</td>
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              <td width="5%">&#160;<font size="2">ITEM 9.</font></td>
              <td width="90%">&#160;<font size="2">UNDERTAKINGS</font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">10</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="5%">&#160;</td>
              <td width="90%">&#160;</td>
              <td width="5%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td width="5%">&#160;<font size="2">EXHIBIT</font></td>
              <td width="90%">&#160;<font size="2">INDEX</font></td>
              <td width="5%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">13</font></div>
              </td>
            </tr>
  
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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>
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        <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>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><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; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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 style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><a name="FIS_PLAN_INFORMATION"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ITEM
        1. PLAN INFORMATION </strong></font></a></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>GENERAL
        INFORMATION </strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>THE
        COMPANY </strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        Company has its principal offices at 7650 E. Evans Rd., Suite C, Scottsdale,
        AZ
        85258, telephone (480) 556-9303. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>PURPOSES
        </strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        Company pursuant to its 2006 Employee Stock Incentive Plan will issue the Common
        Stock which has been approved by the Board of Directors of the Company (the
        "Board of Directors"). The 2006 Employee Stock Incentive Plan is hoped to
        further provide a method whereby the Company's current employees and officers
        and non employee directors and consultants may be stimulated and allow the
        Company to secure and retain highly qualified employees, officers, directors
        and
        non employee directors and consultants, thereby advancing the interests of
        the
        Company, and all of its shareholders. A copy of the 2006 Employee Stock
        Incentive Plan has been filed as an exhibit to this Registration Statement.
        </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>COMMON
        STOCK </strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        Board
        has authorized the issuance of up to 100,000 shares of the Common stock pursuant
        to the Company's 2006 Stock Incentive Plan upon effectiveness of this
        registration Statement. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>THE
        COMPANY 2006 STOCK INCENTIVE PLAN </strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        Company has established a 2006 Employee Stock Incentive Plan which awards stock
        options and stock in an effort to further compensate its existing employees
        and
        officers and non employee directors and consultants, secure their continued
        employment, and attract highly qualified employee's and consultants as they
        are
        needed. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>NO
        RESTRICTIONS ON TRANSFER </strong></font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Upon
        the
        grant of shares of an option, that individual will become the record and
        beneficial owners of the shares of Common Stock upon issuance and delivery
        and
        are 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 style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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>
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        <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>
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        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><strong><font size="2">TAX
        TREATMENT TO THE INDIVIDUAL WHO EXERCISES
        THE OPTION </font></strong></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        individuals receiving shares of common stock pursuant to the exercises of an
        option or options at an exercise price below the fair market value of the shares
        on the date of exercise, the difference between the exercise price and the
        fair
        market value of the stock on the date of exercise may be deemed ordinary income
        for federal income tax purposes. The recipient is urged to consult his tax
        advisor on this matter. Further, if any recipient is an "affiliate", Section
        16(b) of the Exchange Act is applicable and will affect the issue of
        taxation.</font><a name="eolPage8"/></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>TAX
        TREATMENT TO THE COMPANY </strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        amount of income recognized by any recipient hereunder in accordance with the
        foregoing discussion may be an expense deductible by the Company for federal
        income tax purposes of the taxable year of the Company during which the
        recipient recognizes income. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>RESTRICTIONS
        OF RESALES </strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
        the
        event that an affiliate of the Company acquires shares of Common Stock
        hereunder, the affiliate will be subject to Section 16(b) of the Exchange Act.
        Further, in the event that any affiliate acquiring shares hereunder has sold
        or
        sells any shares of Common Stock in the six months preceding or following the
        receipt of shares hereunder, any so called "profit", as computed under Section
        16(b) of the Exchange Act, would be required to be disgorged from the recipient
        to the Company. Services rendered have been recognized as valid consideration
        for the "purchase" of shares in connection with the "profit" computation under
        Section 16(b) of the Exchange Act. The Company has agreed that for the purpose
        of any "profit" computation under 16(b) the price paid for the common stock
        issued to affiliates is equal to the value of services rendered. Shares of
        common Stock acquired hereunder by persons other than affiliates are not subject
        to Section 16(b) of the Exchange Act. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><a name="FIS_DOCUMENTS_BY_REFERENCE"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>DOCUMENTS
        INCORPORATED BY REFERENCE AND ADDITIONAL INFORMATION </strong></font></a></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        Company hereby incorporates by reference (i) its annual report on Form 10-KSB
        for the year ended June 30, 2006, filed pursuant to Section 13 of the Exchange
        Act, (ii) any and all Forms 10-Q (10-QSB) filed under the Securities or Exchange
        Act subsequent to any filed form 10-K (or 10- KSB), as well as all other reports
        filed under Section 13 of the Exchange Act, and (iii) its annual report, if
        any,
        to shareholders delivered pursuant to Rule 14a-3 of the Exchange Act. In
        addition, all further documents filed by the Company pursuant to Section 13,
        14,
        or 15(d) of the Exchange Act prior to the termination of this offering are
        deemed to be incorporated by reference into this Prospectus and to be a part
        hereof from the date of filing. All documents which when together, constitute
        this Prospectus, will be sent or given to participants by the Registrant as
        specified by Rule 428(b)(1) of the Securities Act. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><a name="FIS_REGISTRANT_INFORMATION"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ITEM
        2. REGISTRANT INFORMATION AND EMPLOYEE PLAN ANNUAL INFORMATION
  </strong></font></a></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">A
        copy of
        any document or part hereof incorporated by reference in this Registration
        Statement but not delivered with this Prospectus or any document required to
        be
        delivered pursuant to Rule 428(b) under the Securities Act will be furnished
        without charge upon written or oral request. Requests should be addressed to:
        Studio One Media, Inc., 7650 E. Evans Rd., Suite C, Scottsdale, AZ 85260,
        telephone (480) 556-9303. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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">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; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><a name="eolPage9"/><a name="FIS_EXPERTS"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">LEGAL
        OPINIONS AND EXPERTS </font></a></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        O&#8217;Neal Law Firm, P.C., Fountain Hills, Arizona, has rendered an opinion on the
        validity of the securities being registered. The O&#8217;Neal Law Firm, P.C., is not
        an "affiliate" of the Company and will benefit from the registrant.</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        financial statements of Studio One Media, Inc., incorporated by reference in
        the
        Company's Annual Report (Form 10-KSB) for the period ended June 30, 2006, have
        been audited by Moore &amp; Associates, Chartered, independent auditors, as set
        forth in their report incorporated herein by reference and are incorporated
        herein in reliance upon such report given upon the authority of the firm as
        experts in auditing and accounting. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>INDEMNIFICATION
        OF OFFICERS AND DIRECTORS </strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Insofar
        as indemnification of liabilities arising under the Securities Act may be
        permitted to directors, officers, or persons controlling the company, The
        company has been informed that in the opinion of the commission such
        indemnification is against public policy as expressed in the Securities Act
        and
        is, therefore, unenforceable. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><a name="FIS_PART_II"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>PART
        II </strong></font></a></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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 style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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 style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Registrant
        hereby states that (i) all documents set forth in (a) through (c), below, are
        incorporated by reference in this registration statement, and (ii) all documents
        subsequently filed by registrant pursuant to Section 13(a), 13(c), 14 and 15(d)
        of the Securities Exchange Act of 1934, as amended, prior to the filing of
        a
        post-effective amendment which indicates that all securities offered have been
        sold or which deregisters 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 of such documents. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)
        Registrant's latest Annual Report, whether filed pursuant to Section 13(a)
        or
        15(d) of the Exchange Act; </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)
        All
        other reports filed pursuant to Section 13(a) or 15(d) of the Exchange Act
        since
        the end of the fiscal year covered by the annual report referred to in (a),
        above; and </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(c)
        The
        latest prospectus filed pursuant to Rule 424(b) under the Securities Act.
  </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><a name="FIS_SECURITIES_DESCRIPTION"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ITEM
        4. DESCRIPTION OF SECURITIES </strong></font></a></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">No
        description of the class of securities (i.e., the $0.001 par value Common Stock)
        is required under this item because the common Stock is registered under Section
        12 of the Exchange Act. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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">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 style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><a name="eolPage10"/><a name="FIS_INDEMNIFICATION"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ITEM
        5. INTERESTS OF NAMED EXPERTS AND COUNSEL</strong></font></a></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        O&#8217;Neal Law Firm, P.C., who is rendering the legal opinion for this registration,
        will not benefit from the registration of shares. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ITEM
        6. INDEMNIFICATION OF DIRECTORS AND OFFICERS </strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        company's by-laws, in accordance with the Delaware Corporate Law, provide that
        to the extent he/she is otherwise fairly and reasonably entitled thereto, the
        Company shall indemnify a Director or Officer, a former Director or Officer,
        or
        a person who acts or acted at the Company's request as a Director or Officer
        of
        a body corporate of which the Corporation is or was a shareholder or creditor
        (or a person who undertakes or has undertaken any liability on behalf of the
        Company or any such body corporate and his heirs and legal representatives,
        against all costs, charges and expenses, including an amount paid to settle
        an
        action or satisfy a judgment, reasonably incurred by him in respect of any
        civil, criminal or administrative action or proceeding to which he is made
        a
        party by reason of being or having been a Director or Officer of the Company
        or
        such body corporate, if </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)
        he
        acted honestly and in good faith with a view to the best interests of the
        Company; and </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)
        in
        the case of a criminal or administrative action or proceeding that is enforced
        by a monetary penalty, he had reasonable grounds for believing that his conduct
        was lawful. The Delaware Corporate Law provide that directors shall not be
        personally liable to the Company or its shareholders for monetary damages for
        breach of a fiduciary duty as a director except for liability (i) for any breach
        of the directors' duty of loyalty to the Company or its shareholders, (ii)
        for
        acts or omissions not in good faith or which involved intentional misconduct
        or
        a knowing violation of law, (iii) for authorizing a distribution that is
        unlawful, or (iv) for any transaction from which the director derived an
        improper personal benefit. Such provision protects directors against personal
        liability for monetary damages for breaches of their duty of care. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        Company may purchase and maintain insurance for the benefit of its Directors
        and
        Officers as such, as the Board of directors may from time to time determine.
        </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><a name="FIS_EXEMPTION_FROM_REGISTRATION"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ITEM
        7. EXEMPTION FROM REGISTRATION CLAIMED </strong></font></a></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Not
        Applicable. </font><a name="eolPage11"/><a name="FIS_EXHIBITS"/></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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 style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)
        The
        following exhibits are filed as part of this S-8 registration statement pursuant
        to Item 601 of Regulation S-B and are specifically incorporated herein by this
        reference: </font></div>
      <div align="center">&#160;</div>
      <div align="center">
        <table bgcolor="white" cellpadding="0" cellspacing="0" width="100%">
  
            <tr bgcolor="white">
              <td width="10%">&#160;<font size="2"><u>EXHIBIT NO.</u></font></td>
              <td width="90%"><u>&#160;<font size="2">TITLE</font></u></td>
            </tr>
            <tr bgcolor="white">
              <td width="10%">&#160;</td>
              <td width="90%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td width="10%">&#160;<font size="2">4.</font></td>
              <td width="90%">&#160;<font size="2">Not Applicable</font></td>
            </tr>
            <tr bgcolor="white">
              <td width="10%">&#160;</td>
              <td width="90%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td width="10%">&#160;<font size="2">5.1</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 30.8pt">&#160;</font></td>
              <td width="90%">&#160;<font size="2">Opinion of The O&#8217;Neal Law Firm, P.C.,
                regarding the legality of the securities registered.</font></td>
            </tr>
            <tr bgcolor="white">
              <td width="10%">&#160;</td>
              <td width="90%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td width="10%">&#160;<font size="2">10.1</font></td>
              <td width="90%">&#160;<font size="2">2006 Employee Stock Incentive
                Plan.</font></td>
            </tr>
            <tr bgcolor="white">
              <td width="10%">&#160;</td>
              <td width="90%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td width="10%">&#160;<font size="2">15.</font></td>
              <td width="90%">&#160;<font size="2">Not Required</font></td>
            </tr>
            <tr bgcolor="white">
              <td width="10%">&#160;</td>
              <td width="90%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td valign="top" width="10%">&#160;<font size="2">23.1</font></td>
              <td width="90%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;<font size="2">Consent
                  of The O&#8217;Neal Law Firm, P.C.,
                  special counsel to registrant, <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">to
                  the use of its opinion with respect to the legality of the </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">securities
                  being registered hereby and to the references to it in </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
                  Prospectus filed as a part hereof.</font></font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="10%">&#160;</td>
              <td width="90%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td width="10%">&#160;<font size="2">23.2</font></td>
              <td width="90%">&#160;<font size="2">Consent of <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Moore</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">and
                Associates, Chartered, independent auditors.</font></font></td>
            </tr>
            <tr bgcolor="white">
              <td width="10%">&#160;</td>
              <td width="90%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td width="10%">&#160;<font size="2">27.</font></td>
              <td width="90%">&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Not
                Required</font></td>
            </tr>
            <tr bgcolor="white">
              <td width="10%">&#160;</td>
              <td width="90%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td width="10%">&#160;<font size="2">28.</font></td>
              <td width="90%">&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Not
                Required</font></td>
            </tr>
            <tr bgcolor="white">
              <td width="10%">&#160;</td>
              <td width="90%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td width="10%">&#160;<font size="2">29. </font></td>
              <td width="90%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Not
                  Required</font></div>
              </td>
            </tr>
  
        </table>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; 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">9</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>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><a name="FIS_UNDERTAKINGS"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ITEM
        9. UNDERTAKINGS </strong></font></a></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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. If 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>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Registrant
        hereby undertakes: </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(1)
        To
        file, during any period in which offers or sales are being made, a
        post-effective amendment to this registration statement to: </font><a name="eolPage12"/></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(i)
        include any prospectus required by Section 10(a)(3) of the Securities Act;
        </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(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, and
  </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(iii)
        include any material information with respect to the plan of distribution not
        previously disclosed in the registration statement or any material change to
        such information in the registration statement. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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">10</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; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><a name="FIS_UNDERTAKINGS"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ITEM
        9. UNDERTAKINGS </strong></font></a>&#160;- <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">continued</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><a name="eolPage12"/>&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">provided,
        however, paragraphs (i) and (ii) shall not apply if the information required
        being included in a post-effective amendment by those paragraphs is incorporated
        by reference from periodic reports filed by the registrant small business issuer
        under the Exchange Act. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(2)
        That,
        for the purpose of determining any liability under the Securities Act, each
        post-effective amendment to 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 style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(3)
        To
        remove from registration by means of a post-effective amendment any of the
        securities being registered which remain unsold at the termination of the
        offering. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(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 is 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>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Registrant
        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 Act of 1934 (and, where applicable, each filing
        of an employee benefit plan's annual report pursuant to </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">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 style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><a name="eolPage13"/><a name="FIS_SIGNATURES"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SIGNATURES
        </strong></font></a></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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
        that
        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 the City of
        Phoenix, AZ the&#160;31st day of October, 2006. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div>&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">
        <table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" width="100%">
  
            <tr valign="top" bgcolor="#ffffff">
              <td width="50%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td width="49%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
            </tr>
            <tr valign="top" bgcolor="#ffffff">
              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td colspan="2"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Studio
                One Media, Inc. </strong></font></td>
            </tr>
            <tr valign="top" bgcolor="#ffffff">
              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;<br>&#160;</font></td>
              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;<br>&#160;</font></td>
              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;(Registrant)&#160;<br>&#160;</font></td>
            </tr>
            <tr valign="top" bgcolor="#ffffff">
              <td>&#160;</td>
              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">By:&#160;&#160;</font></td>
              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">/s/&#160;<em>Preston
                J. Shea</em></font></td>
            </tr>
            <tr valign="top" bgcolor="#ffffff">
              <td colspan="2"><font size="1">&#160;</font></td>
              <td align="left">
                <hr style="COLOR: black" align="left" noshade size="2" width="80%"><em><font size="2">Preston
                J. Shea</font></em></td>
            </tr>
            <tr valign="top" bgcolor="#ffffff">
              <td colspan="2"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Title
                <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>Chief
                Executive Officer</em></font>&#160;</font></td>
            </tr>
  
        </table><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><a name="FIS_POWER_OF_ATTORNEY"/>&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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">11</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>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><a name="FIS_POWER_OF_ATTORNEY"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>POWER
        OF ATTORNEY </strong></font></a></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Each
        person whose individual signature appears below hereby appoints Preston J.
        Shea
        as attorney-in-fact with full power of substitution to execute in the name
        and
        on behalf of each person, individually and in each capacity stated below, and
        to
        file, any and all post-effective amendments to the Registration Statement.
        </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
        to the requirements of the 1933 Act, this registration statement or amendment
        has been signed by the following persons in the capacities and on the dates
        indicated: </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div>&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div align="center">
        <table bgcolor="white" cellpadding="0" cellspacing="0" width="100%">
  
            <tr bgcolor="white">
              <td width="25%" style="border-bottom: black thin solid;">&#160;<em><font size="2">Signatures</font></em></td>
              <td width="50%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;<em><font size="2">Title</font></em></div>
              </td>
              <td width="25%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;<em><font size="2">Date</font></em></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="25%" style="border-bottom: black thin solid;">&#160;<em><font size="2">/s/
                Preston J. Shea</font></em></td>
              <td width="50%" style="border-bottom: #ffffff solid;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;<em><font size="2">Chairman,
                  Chief Executive Officer,
                  </font></em></div>
              </td>
              <td width="25%" style="border-bottom: #ffffff solid;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;<em><font size="2">October
                  31,
                  2006</font></em></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="25%">&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>Preston
                J. Shea</em></font></td>
              <td width="50%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;<em><font size="2">Secretary,
                  Chief Financial
                  Officer</font></em></div>
              </td>
              <td width="25%">&#160;</td>
            </tr>
  
        </table>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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">12</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; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>FORM
        S-8 REGISTRATION STATEMENT </strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><a name="FIS_EXHIBIT_INDEX"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>EXHIBIT
        INDEX </strong></font></a></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        following Exhibits are filed as part of this registration statement pursuant
        to
        Item 601 of Regulation S-B and are specifically incorporated herein by this
        reference: </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><a name="FIS_UNIDENTIFIED_TABLE_4"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Exhibit
        Number </font></a></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
        Registration </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div align="center">
        <table bgcolor="white" cellpadding="0" cellspacing="0" width="100%">
  
            <tr bgcolor="white">
              <td width="12%" style="border-bottom: black thin solid;">&#160;<font size="2">Statement</font></td>
              <td width="76%" style="border-bottom: black thin solid;">&#160;<font size="2">Descriptions</font></td>
              <td width="12%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;<font size="2">Exhibit
                  No.</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="12%">&#160;</td>
              <td width="76%">&#160;</td>
              <td width="12%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td width="12%">&#160;<font size="2">5.1</font></td>
              <td width="76%">&#160;<font size="2">Opinion of Counsel </font></td>
              <td width="12%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Exhibit
                  5.1</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="12%">&#160;</td>
              <td width="76%">&#160;</td>
              <td width="12%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td width="12%">&#160;<font size="2">10.1</font></td>
              <td width="76%">&#160;<font size="2">2006 Employee Stock Incentive Plan
                </font></td>
              <td width="12%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;<font size="2">Exhibit
                  10.1</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="12%">&#160;</td>
              <td width="76%">&#160;</td>
              <td width="12%">&#160;</td>
            </tr>
            <tr bgcolor="#e2eef6">
              <td width="12%">&#160;<font size="2">23.1</font></td>
              <td width="76%">&#160;<font size="2">Consent of The O&#8217;Neal Law Firm, P.C.
                </font></td>
              <td width="12%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;<font size="2">Exhibit&#160;
  23.1</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td width="12%">&#160;</td>
              <td width="76%">&#160;</td>
              <td width="12%">&#160;</td>
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            <tr bgcolor="#e2eef6">
              <td width="12%">&#160;<font size="2">23.2</font></td>
              <td width="76%">&#160;<font size="2">Consent of Moore and Associates,
                Chartered, </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">independent
                auditors</font></td>
              <td width="12%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;<font size="2">Exhibit
                  23.2</font></div>
              </td>
            </tr>
  
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      <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">13</font></div>
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metadata_documents: [{"type": "S-8", "sequence": "1", "filename": "studio_one-forms8.htm", "description": "STUDIO ONE FORM S-8", "secsgml_size_bytes": 119765}]
metadata_filer: {"company-data": {"conformed-name": "STUDIO ONE MEDIA, INC.", "cik": "0000836809", "assigned-sic": "2750", "irs-number": "232517953", "state-of-incorporation": "DE", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-138432", "film-number": "061187608"}, "business-address": {"street1": "2301 WEST DUNLAP", "street2": "SUITE 207", "city": "PHOENIX", "state": "AZ", "zip": "85021", "phone": "4808611183"}, "mail-address": {"street1": "7650 E EVANS ROAD", "street2": "SUITE C", "city": "SCOTTSDALE", "state": "AZ", "zip": "85260"}, "former-company": {"former-conformed-name": "DIMENSIONAL VISIONS INC/ DE", "date-changed": "19981021"}}
text: Studio One Form S-8
  As
        filed
        with the Securities and Exchange Commission on October 31, 2006
  File
        No.
        333-
  SECURITIES
        AND EXCHANGE COMMISSION
  WASHINGTON,
        D.C. 20549
  FORM
        S-8
  REGISTRATION
        STATEMENT
  UNDER
  THE
        SECURITIES ACT OF 1933
  STUDIO
        ONE MEDIA, INC.
  (Exact
        name of registrant as specified in its charter)
  DELAWARE
  23-2517953
  (State
                  or other jurisdiction of 
                  incorporation or organization)
  (I.R.S.
                  Employer
  Identification
                  No.)
  2006
        Employee Stock Incentive Plan
  (Full
        title of the plan)
  Incorporating
        Services, Ltd., 3500 South Dupont Highway, Dover, DE 19901
  (Name
        and
        Address of Agent for Service)
  (302)
        531-0855
  (Telephone
        number including area code, of agent for service)
  1
  CALCULATION
        OF REGISTRATION FEE
  Title
                  of Securities
  to
                  be Registered
  Amount
                  of
  Shares
                    to be
  Registered
                      (1)
  Proposed
  Maximum
  Offering
  Price
                        Per
  Share(2)
  Proposed
  Maximum
  Aggregate
  Offering
  Price
  Amount
  of
                    Reg.
  Fee(1)(3)
  $0.001
                  par value Common
  Stock
  100,000
  $
  4.20
  $
  420,000
  $
  44.94
  Totals
  100,000
  $
  4.20
  $
  420,000
  $
  44.94
  Total
        No.
        of pages:
  38
  (1)
        Pursuant to Rule 416(c) promulgated under the Securities Act of 1933, as
        amended, the Registration Statement also covers an indeterminate amount of
        Shares to be offered or sold as a result of any adjustments from stock splits,
        stock dividends or similar events.
  (2)
        Based
        upon the average bid and asked prices of the Company's Common Stock in
        over-the-counter trading on
  October
        31, 2006
  .
  (3)
        Value
        stated for purpose of calculating the registration fee.
  2
  PROSPECTUS
  Studio
        One Media, Inc.
  7650
        E.
        Evans Rd., Suite C
  Scottsdale,
        AZ 85260
  (480)
        556-9303
  (100,000
        SHARES OF COMMON STOCK)
  This
        Prospectus relates to the offer and sale by Studio One Media, Inc., ("SOMD"),
        a
        Delaware corporation ("the Company") of shares of its $0.001 par value common
        stock (the "Common Stock) pursuant to its 2006 Employee Stock Incentive Plan
        where by certain individuals receive stock awards and/or stock options to
        stimulate their involvement and continued involvement in the Company. The
        Company is registering hereunder and then issuing upon receipt of adequate
        consideration there for to the Employee, Officer, Director or Consultant 100,000
        shares of the Common Stock in consideration for services rendered and/or to
        be
        rendered and payments made under the 2006 Employee Stock Incentive Plan.
  The
        Common Stock is not subject to any restriction on transferability. Recipients
        of
        shares other than persons who are affiliates of the Company within the meaning
        of the Securities Act of 1933 (the 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. Shares registered hereunder are
        being sold to both affiliates and non-affiliates of the Company. An affiliate
        is, summarily, any director, executive officer or controlling shareholder of
        the
        Company. The affiliates of the Company may become subject to
  Section
        16(b) of the Securities Exchange Act of 1934 as amended (the Exchange Act)
        which
        would limit their discretion in transferring the shares acquired in the Company.
        If the individual who is not now an affiliate becomes an affiliate of the
        Company in the future; he would then be subject to Section I (b) of the Exchange
        Act (See General Information --- Restrictions on Resale).
  The
        Common Stock is listed on the OTC bulletin board under the symbol SOMD.
  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 31, 2006
  3
  PROSPECTUS
        -
  continued
  This
        Prospectus is not part of any Registration Statement, which was filed and been
        effective under the Securities Act of 1933 as amended (the Securities Act)
        and
        does not contain all of the information set forth in the Registration Statement,
        certain portions of which have been offered 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 of 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: Studio One Media, Inc., 7650 E. Evans
        Rd., Suite C, Scottsdale, AZ 85260, telephone (480) 556-9303.
  The
        Company is subject to the reporting requirements of the Exchange Act and in
        accordance therewith files reports and other information with the Commission.
        These reports as well as the proxy statements, information statements and other
        information filed by the Company under the Exchange Act may be reviewed and
        copied at the public reference facilities maintained by the Commission at 450
        Fifth Street N.C. Washington D.C. 20549. Copies maybe obtained at the prescribed
        rates. In addition the Common Stock is quoted on the automated quotation system
        maintained by the National Association of Securities Dealers, Inc. (NASD).
        Thus
        copies of these reports, proxy statements, information statements and other
        information may also be examined at the offices of the NASD at 1735 K Street
        N.W., Washington DC 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 one 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.
  4
  TABLE
                  OF CONTENTS
  PART I
  Page
  INFORMATION REQUIRED IN
                THE
                SECTION 10(A) PROSPECTUS
  6
  ITEM 1.
  PLAN INFORMATION
  6
  GENERAL INFORMATION
  6
  The Company
  6
  Purpose
  6
  Common Stock
  6
  The Company 2006 Employee
                Stock Incentive Plan
  6
  No Restrictions on Transfer
  6
  Tax Treatment to the
                Individual
  6
  Tax Treatment to the
                Company
  7
  Restrictions on
                Resale's
  7
  DOCUMENTS INCORPORATED BY
                REFERENCE & ADDITIONAL INFORMATION
  7
  ITEM 2.
  REGISTRANT INFORMATION AND EMPLOYEE
                PLAN ANNUAL INFORMATION
  7
  Legal Opinion and
                Experts
  8
  Indemnification of Officers
                and Directors
  8
  PART
                II
  8
  INFORMATION REQUIRED IN
                THE
                REGISTRATION STATEMENT
  8
  ITEM 3.
  INCORPORATION OF DOCUMENTS BY
                REFERENCE
  8
  ITEM 4.
  DESCRIPTION OF SECURITIES
  8
  ITEM 5.
  INTERESTS OF NAMED EXPERTS AND
                COUNSEL
  9
  ITEM 6.
  INDEMNIFICATION OF DIRECTORS AND
                OFFICERS
  9
  ITEM 7.
  EXEMPTION FROM REGISTRATION
                CLAIMED
  9
  ITEM 8.
  EXHIBITS
  9
  ITEM 9.
  UNDERTAKINGS
  10
  EXHIBIT
  INDEX
  13
  5
  PART
        1
  INFORMATION
        REQUIRED IN THE SECTION 10(A) PROSPECTUS
  ITEM
        1. PLAN INFORMATION
  GENERAL
        INFORMATION
  THE
        COMPANY
  The
        Company has its principal offices at 7650 E. Evans Rd., Suite C, Scottsdale,
        AZ
        85258, telephone (480) 556-9303.
  PURPOSES
  The
        Company pursuant to its 2006 Employee Stock Incentive Plan will issue the Common
        Stock which has been approved by the Board of Directors of the Company (the
        "Board of Directors"). The 2006 Employee Stock Incentive Plan is hoped to
        further provide a method whereby the Company's current employees and officers
        and non employee directors and consultants may be stimulated and allow the
        Company to secure and retain highly qualified employees, officers, directors
        and
        non employee directors and consultants, thereby advancing the interests of
        the
        Company, and all of its shareholders. A copy of the 2006 Employee Stock
        Incentive Plan has been filed as an exhibit to this Registration Statement.
  COMMON
        STOCK
  The
        Board
        has authorized the issuance of up to 100,000 shares of the Common stock pursuant
        to the Company's 2006 Stock Incentive Plan upon effectiveness of this
        registration Statement.
  THE
        COMPANY 2006 STOCK INCENTIVE PLAN
  The
        Company has established a 2006 Employee Stock Incentive Plan which awards stock
        options and stock in an effort to further compensate its existing employees
        and
        officers and non employee directors and consultants, secure their continued
        employment, and attract highly qualified employee's and consultants as they
        are
        needed.
  NO
        RESTRICTIONS ON TRANSFER
  Upon
        the
        grant of shares of an option, that individual will become the record and
        beneficial owners of the shares of Common Stock upon issuance and delivery
        and
        are 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.
  6
  TAX
        TREATMENT TO THE INDIVIDUAL WHO EXERCISES
        THE OPTION
  The
        individuals receiving shares of common stock pursuant to the exercises of an
        option or options at an exercise price below the fair market value of the shares
        on the date of exercise, the difference between the exercise price and the
        fair
        market value of the stock on the date of exercise may be deemed ordinary income
        for federal income tax purposes. The recipient is urged to consult his tax
        advisor on this matter. Further, if any recipient is an "affiliate", Section
        16(b) of the Exchange Act is applicable and will affect the issue of
        taxation.
  TAX
        TREATMENT TO THE COMPANY
  The
        amount of income recognized by any recipient hereunder in accordance with the
        foregoing discussion may be an expense deductible by the Company for federal
        income tax purposes of the taxable year of the Company during which the
        recipient recognizes income.
  RESTRICTIONS
        OF RESALES
  In
        the
        event that an affiliate of the Company acquires shares of Common Stock
        hereunder, the affiliate will be subject to Section 16(b) of the Exchange Act.
        Further, in the event that any affiliate acquiring shares hereunder has sold
        or
        sells any shares of Common Stock in the six months preceding or following the
        receipt of shares hereunder, any so called "profit", as computed under Section
        16(b) of the Exchange Act, would be required to be disgorged from the recipient
        to the Company. Services rendered have been recognized as valid consideration
        for the "purchase" of shares in connection with the "profit" computation under
        Section 16(b) of the Exchange Act. The Company has agreed that for the purpose
        of any "profit" computation under 16(b) the price paid for the common stock
        issued to affiliates is equal to the value of services rendered. Shares of
        common Stock acquired hereunder by persons other than affiliates are not subject
        to Section 16(b) of the Exchange Act.
  DOCUMENTS
        INCORPORATED BY REFERENCE AND ADDITIONAL INFORMATION
  The
        Company hereby incorporates by reference (i) its annual report on Form 10-KSB
        for the year ended June 30, 2006, filed pursuant to Section 13 of the Exchange
        Act, (ii) any and all Forms 10-Q (10-QSB) filed under the Securities or Exchange
        Act subsequent to any filed form 10-K (or 10- KSB), as well as all other reports
        filed under Section 13 of the Exchange Act, and (iii) its annual report, if
        any,
        to shareholders delivered pursuant to Rule 14a-3 of the Exchange Act. In
        addition, all further documents filed by the Company pursuant to Section 13,
        14,
        or 15(d) of the Exchange Act prior to the termination of this offering are
        deemed to be incorporated by reference into this Prospectus and to be a part
        hereof from the date of filing. All documents which when together, constitute
        this Prospectus, will be sent or given to participants by the Registrant as
        specified by Rule 428(b)(1) of the Securities Act.
  ITEM
        2. REGISTRANT INFORMATION AND EMPLOYEE PLAN ANNUAL INFORMATION
  A
        copy of
        any document or part hereof incorporated by reference in this Registration
        Statement but not delivered with this Prospectus or any document required to
        be
        delivered pursuant to Rule 428(b) under the Securities Act will be furnished
        without charge upon written or oral request. Requests should be addressed to:
        Studio One Media, Inc., 7650 E. Evans Rd., Suite C, Scottsdale, AZ 85260,
        telephone (480) 556-9303.
  7
  LEGAL
        OPINIONS AND EXPERTS
  The
        O'Neal Law Firm, P.C., Fountain Hills, Arizona, has rendered an opinion on the
        validity of the securities being registered. The O'Neal Law Firm, P.C., is not
        an "affiliate" of the Company and will benefit from the registrant.
  The
        financial statements of Studio One Media, Inc., incorporated by reference in
        the
        Company's Annual Report (Form 10-KSB) for the period ended June 30, 2006, have
        been audited by Moore & Associates, Chartered, independent auditors, as set
        forth in their report incorporated herein by reference and are incorporated
        herein in reliance upon such report given upon the authority of the firm as
        experts in auditing and accounting.
  INDEMNIFICATION
        OF OFFICERS AND DIRECTORS
  Insofar
        as indemnification of liabilities arising under the Securities Act may be
        permitted to directors, officers, or persons controlling the company, The
        company has been informed that in the opinion of the commission such
        indemnification is against public policy as expressed in the Securities Act
        and
        is, therefore, unenforceable.
  PART
        II
  INFORMATION
        REQUIRED IN THE REGISTRATION STATEMENT
  ITEM
        3. INCORPORATION OF DOCUMENTS BY REFERENCE
  Registrant
        hereby states that (i) all documents set forth in (a) through (c), below, are
        incorporated by reference in this registration statement, and (ii) all documents
        subsequently filed by registrant pursuant to Section 13(a), 13(c), 14 and 15(d)
        of the Securities Exchange Act of 1934, as amended, prior to the filing of
        a
        post-effective amendment which indicates that all securities offered have been
        sold or which deregisters 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 of such documents.
  (a)
        Registrant's latest Annual Report, whether filed pursuant to Section 13(a)
        or
        15(d) of the Exchange Act;
  (b)
        All
        other reports filed pursuant to Section 13(a) or 15(d) of the Exchange Act
        since
        the end of the fiscal year covered by the annual report referred to in (a),
        above; and
  (c)
        The
        latest prospectus filed pursuant to Rule 424(b) under the Securities Act.
  ITEM
        4. DESCRIPTION OF SECURITIES
  No
        description of the class of securities (i.e., the $0.001 par value Common Stock)
        is required under this item because the common Stock is registered under Section
        12 of the Exchange Act.
  8
  ITEM
        5. INTERESTS OF NAMED EXPERTS AND COUNSEL
  The
        O'Neal Law Firm, P.C., who is rendering the legal opinion for this registration,
        will not benefit from the registration of shares.
  ITEM
        6. INDEMNIFICATION OF DIRECTORS AND OFFICERS
  The
        company's by-laws, in accordance with the Delaware Corporate Law, provide that
        to the extent he/she is otherwise fairly and reasonably entitled thereto, the
        Company shall indemnify a Director or Officer, a former Director or Officer,
        or
        a person who acts or acted at the Company's request as a Director or Officer
        of
        a body corporate of which the Corporation is or was a shareholder or creditor
        (or a person who undertakes or has undertaken any liability on behalf of the
        Company or any such body corporate and his heirs and legal representatives,
        against all costs, charges and expenses, including an amount paid to settle
        an
        action or satisfy a judgment, reasonably incurred by him in respect of any
        civil, criminal or administrative action or proceeding to which he is made
        a
        party by reason of being or having been a Director or Officer of the Company
        or
        such body corporate, if
  (a)
        he
        acted honestly and in good faith with a view to the best interests of the
        Company; and
  (b)
        in
        the case of a criminal or administrative action or proceeding that is enforced
        by a monetary penalty, he had reasonable grounds for believing that his conduct
        was lawful. The Delaware Corporate Law provide that directors shall not be
        personally liable to the Company or its shareholders for monetary damages for
        breach of a fiduciary duty as a director except for liability (i) for any breach
        of the directors' duty of loyalty to the Company or its shareholders, (ii)
        for
        acts or omissions not in good faith or which involved intentional misconduct
        or
        a knowing violation of law, (iii) for authorizing a distribution that is
        unlawful, or (iv) for any transaction from which the director derived an
        improper personal benefit. Such provision protects directors against personal
        liability for monetary damages for breaches of their duty of care.
  The
        Company may purchase and maintain insurance for the benefit of its Directors
        and
        Officers as such, as the Board of directors may from time to time determine.
  ITEM
        7. EXEMPTION FROM REGISTRATION CLAIMED
  Not
        Applicable.
  ITEM
        8. EXHIBITS
  (a)
        The
        following exhibits are filed as part of this S-8 registration statement pursuant
        to Item 601 of Regulation S-B and are specifically incorporated herein by this
        reference:
  EXHIBIT NO.
  TITLE
  4.
  Not Applicable
  5.1
  Opinion of The O'Neal Law Firm, P.C.,
                regarding the legality of the securities registered.
  10.1
  2006 Employee Stock Incentive
                Plan.
  15.
  Not Required
  23.1
  Consent
                  of The O'Neal Law Firm, P.C.,
                  special counsel to registrant,
  to
                  the use of its opinion with respect to the legality of the
  securities
                  being registered hereby and to the references to it in
  the
                  Prospectus filed as a part hereof.
  23.2
  Consent of
  Moore
  and
                Associates, Chartered, independent auditors.
  27.
  Not
                Required
  28.
  Not
                Required
  29.
  Not
                  Required
  9
  ITEM
        9. UNDERTAKINGS
  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. If 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.
  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, and
  (iii)
        include any material information with respect to the plan of distribution not
        previously disclosed in the registration statement or any material change to
        such information in the registration statement.
  10
  ITEM
        9. UNDERTAKINGS
  -
  continued
  provided,
        however, paragraphs (i) and (ii) shall not apply if the information required
        being included in a post-effective amendment by those paragraphs is incorporated
        by reference from periodic reports filed by the registrant small business issuer
        under the Exchange Act.
  (2)
        That,
        for the purpose of determining any liability under the Securities Act, each
        post-effective amendment to 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.
  (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 is 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.
  Registrant
        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 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.
  SIGNATURES
  Pursuant
        to the requirements of the Securities Act of 1933, the Registrant certifies
        that
        it has reasonable grounds to believe that it meets all of the requirements
        for
        filing on Form S-8 and has duly caused this registration statement to be signed
        on its behalf by the undersigned thereunto duly authorized in the City of
        Phoenix, AZ the 31st day of October, 2006.
  Studio
                One Media, Inc.
  (Registrant)
  By:
  /s/
  Preston
                J. Shea
  Preston
                J. Shea
  Title
  Chief
                Executive Officer
  11
  POWER
        OF ATTORNEY
  Each
        person whose individual signature appears below hereby appoints Preston J.
        Shea
        as attorney-in-fact with full power of substitution to execute in the name
        and
        on behalf of each person, individually and in each capacity stated below, and
        to
        file, any and all post-effective amendments to the Registration Statement.
  Pursuant
        to the requirements of the 1933 Act, this registration statement or amendment
        has been signed by the following persons in the capacities and on the dates
        indicated:
  Signatures
  Title
  Date
  /s/
                Preston J. Shea
  Chairman,
                  Chief Executive Officer,
  October
                  31,
                  2006
  Preston
                J. Shea
  Secretary,
                  Chief Financial
                  Officer
  12
  FORM
        S-8 REGISTRATION STATEMENT
  EXHIBIT
        INDEX
  The
        following Exhibits are filed as part of this registration statement pursuant
        to
        Item 601 of Regulation S-B and are specifically incorporated herein by this
        reference:
  Exhibit
        Number
  In
        Registration
  Statement
  Descriptions
  Exhibit
                  No.
  5.1
  Opinion of Counsel
  Exhibit
                  5.1
  10.1
  2006 Employee Stock Incentive Plan
  Exhibit
                  10.1
  23.1
  Consent of The O'Neal Law Firm, P.C.
  Exhibit 
  23.1
  23.2
  Consent of Moore and Associates,
                Chartered,
  independent
                auditors
  Exhibit
                  23.2
  13