X0202 4 2007-11-29 0 0001178377 Joytoto USA, Inc. JYTO 0001417981 Joytoto Co., Ltd 3FL SUNGWOO BUILDING 717-3 SOOSEO-DONG, KANGNAM-GU SEOUL M5 135-220 KOREA, REPUBLIC OF 0 0 1 0 Common Stock 2007-11-29 4 J 0 50000000 D 65000000 D Pursuant to the Employment Agreements entered into with the Officers/Directors of the Issuer, Reporting Person transferred a total of 50,000,000 shares of common stock of the Issuer to the Officers/Directors. These shares vest equally (monthly) over 36 months, beginning November 29, 2007, and any unvested shares are subject to forfeiture if any of the Officers/Directors of the Issuer ceases to be employed by the Issuer at any time during the 36-month vesting period. Included in this amount are 30,000,000 shares of common stock of the Issuer owned by Joyon Entertainment Co., a wholly-owned subsidiary of the Reporting Person. /s/ Seong Sam Cho 2008-02-25