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      &lt;font style="DISPLAY: inline; FONT-FAMILY: Times New Roman, serif; FONT-SIZE: 11pt; FONT-WEIGHT: bold"&gt;NOTE

      1 &amp;#8211; NATURE AND CONTINUANCE OF OPERATIONS&lt;/font&gt;

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      &lt;font style="DISPLAY: inline; FONT-FAMILY: Times New Roman, serif; FONT-SIZE: 11pt"&gt;Multiplayer

      Online Dragon, Inc. (the &amp;#8220;Company&amp;#8221;) was

      incorporated in the State of Nevada in the United States on

      July 3, 2008. The principal activity of the Company is

      planned to be designing, hosting, and marketing collaborative

      internet search communications systems.&amp;#160;&amp;#160;On

      December 21, 2010, as more fully discussed in Note 3, the

      Company entered into an agreement to participate in a joint

      venture for the purpose of developing certain computer

      software programs for commercialization.&lt;/font&gt;

    &lt;/div&gt;&lt;br/&gt;&lt;div style="LINE-HEIGHT: 12.55pt; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"&gt;

      &lt;font style="DISPLAY: inline; FONT-FAMILY: Times New Roman, serif; FONT-SIZE: 11pt"&gt;These

      financial statements have been prepared on a going concern

      basis, which assumes the Company will continue to realize its

      assets and discharge its liabilities in the normal course of

      business. The Company has incurred losses totaling $596,777

      for the period from July 3, 2008 (inception) to June 30,

      2013.&amp;#160;&amp;#160;While the Company had working capital of

      $53,689 as at June 30, 2013, the Company is committed to

      incurring substantive research and development expenses in a

      software development joint venture (Note 3). Accordingly, it

      is likely the Company will continue to experience significant

      losses in the foreseeable future, for which it will continue

      to be dependent upon additional funding through private

      placements.&amp;#160;&amp;#160;There is no assurance that such

      funding, which may continue to include related party sources

      (Note 5), will be available in the future.&lt;/font&gt;

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      &lt;font style="DISPLAY: inline; FONT-FAMILY: Times New Roman, serif; FONT-SIZE: 11pt"&gt;These

      factors raise substantial doubt regarding the Company&amp;#8217;s

      ability to continue as a going concern.&amp;#160;&amp;#160;These

      financial statements do not include any adjustments to the

      recoverability and classification of recorded asset amounts

      and classification of liabilities that might be necessary

      should the Company be unable to continue as a going

      concern.&lt;/font&gt;

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