X0202 5 2006-12-31 0 0 0 0001075993 MOTORSPORTS EMPORIUM, INC. MSEM 0001301475 Keaveney David William PO BOX 26496 SCOTTSDALE AZ 85255 1 1 0 0 CEO, CFO and Director Common Stock 2006-12-31 2006-12-31 5 P 0 40898 0 A 40898 D Series C Preferred Stock 2006-12-31 2006-12-31 5 P 0 200000 0.05 A 200000 D The Prederred C stock has no liquidation rights, no dividend rights, or conversion rights. Each share of the preferred C stock has a voting right of 3,000 votes per shares granting 600,000,000 votes total. Shares received were in exchange for $10,000 of accrued wages. /s/ David Keaveney 2006-03-30