United States Securities and Exchange Commission Washington, D.C. 20549 Form 10-QSB/A [X] QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2006 [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT For the transition period from ___________ to ___________ Commission File Number: 0-27067 COMMUNITRONICS OF AMERICA, INC. --------------------------------- (Exact name of small business issuer as specified in its charter) Utah 87-0285684 ------ ------------ (State or other jurisdiction of (I.R.S. Employer Identification No.) incorporation or organization) 27955 Hwy. 98, Suite WW, Daphne, Alabama 36526 ------------------------------------------------ (Address of principal executive offices) (251) 367-0882 -------------- (Issuer's telephone number) Not Applicable ------------------ (Former name, former address and former fiscal year, if changed since last report) Check whether the issuer: (1) Filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ] APPLICABLE ONLY TO CORPORATE ISSUERS State the number of shares outstanding of each of the issuer's classes of common equity, as of the last practicable date: 44,535,286 shares. Transitional Small Business Disclosure Format (check one): Yes [ ] No [X] COMMUNITRONICS OF AMERICA, INC. AND SUBSIDIARIES TABLE OF CONTENTS Consolidated Balance Sheets 3-4 Consolidated Statements of Operations 5 Consolidated Statements of Cash Flows 6 Consolidated Statements of Stockholders' Equity 7 Part I Item 1. Notes to Consolidated Financial Statements 8 Item 2. Management's Discussion and Analysis or Plan of Operations 	 8 Part II - Other Information 10 Signature 11 Report of Independent Registered Public Accounting Firm Communitronics of America, Inc. Daphne, AL We have audited the accompanying balance sheets of Communitronics of America, Inc. as of December 31, 2005 and the related statements of income, changes in stockholders equity, and cash flows for each of the one year in the period ended December 31, 2005. These financial statements are the responsibility of the Companys management. Our responsibility is to express an opinion on these financial statements based on our audits. We conduct our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. The Company has not generated significant revenues or profits to date. This factor among others raises considerable doubt the Company will be able to continue as a going concern. The Companys continuation as a going concern depends upon its ability to generate sufficient cash flow to conduct its operations and its ability to obtain additional sources of capital and financing. The accompanying consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty. In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Company at December 31, 2005, and the results of its operations and it cash flows for each of the one year in the period ended December 31, 2005, in conformity with U.S. generally accepted accounting standards. Pollard-Kelley Auditing Services, Inc. /S/ Pollard-Kelley Auditing Services, Inc. Fairlawn, Ohio April 30, 2006 EUGENE M EGEBERG CERTIFIED PUBLIC ACCOUNTANT 2400 BOSTON STREET, #102 BALTIMORE, MARYLAND 21224 Telephone (410) 218-1711 Fax (410) 374-8121 To the Board of Directors and Stockholders RPM Advantage, Inc. (Formerly Communitronics Inc) Report of Independent Registered Public Accounting Firm I have reviewed the Balance Sheet of RPM Advantage (formerly Communitronics, Inc.) as of March 31, 2006 and the related Statements of Operations, Stockholders Equity, and Cash Flows for the three months then ended. These interim financial statements are the responsibility of the companys management. I conducted the review in accordance with the standards of the Public Company Accounting Oversight Board (United States). A review of interim financial information consists principally of applying analytical procedures to financial data and making inquiries of persons responsible for financial and accounting matters. It is substantially less in scope than an audit conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States), the objective of which is the expression of an opinion regarding the financial statements taken as a whole. Accordingly, I do not express such an opinion. Based on my review, I am not aware of any material modifications that should be made to the accompanying financial statements in order for them to be in conformity with Public Company Accounting Oversight Board (United States) and U.S. Generally Accepted Accounting Principles. The Company has not generated significant revenues or profits to date. This factor among others raises considerable doubt the Company will be able to continue as a going concern. The Companys continuation as a going concern depends upon its ability to generate sufficient cash flow to conduct its operations and its ability to obtain additional sources of capital and financing. The accompanying consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty. /s/ Eugene M Egeberg Certified Public Accountant Baltimore, MD July 5, 2011 				COMMUNITRONICS OF AMERICA, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS March 31 	December 31 2006 2005 (Unaudited) (Audited) ------------ ------------ 			Assets Current asset: 	Cash and Cash Equivalents			0		0 		Total Current Assets			0		0 		Total assets				0 		0 	Liabilities and Stockholders' Equity Liabilities: Accounts Payable					50,950 		50,950 	Total liabilities				$50,950		$50,950 Equity: Common Stock						 44,535	 50,253 Additional Paid In Capital				6,804,842 6,799,124 Accumulated Deficit				 (6,900,327) (6,900,327) 	Total shareholders' equity			($50,950) ($50,950) 	Total liabilities and shareholders' equity	$0		$0 COMMUNITRONICS OF AMERICA, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) For the Three Months 							 Ended March 31 							 2006		 2005 							(Unaudited)	(Audited) 							-----------	---------- 	Revenues: 	Fees							0		0 	Less: Cost of Sales					0		0 		Total Revenues				 $0	 $0 	Expenses: 	General & Administrative			 0		0 	Depreciation			 0		0 		Total Expenses		 0		0 		Net Income		 0		0 COMMUNITRONICS OF AMERICA, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) For the Three Months Ended March 31 2006 2005 (Unaudited) (Audited) ------------ ------------ 	OPERATING ACTIVITIES: 	 Net Loss					0	 0 	Changes in assets & liabilities: 	 Accounts payable				0 		0 	NET CASH PROVIDED BY OPERATING ACTIVITIES	0 		0 	FINANCING ACTIVITIES:				0		0 	INCREASE IN CASH				0		0 	CASH - BEGINNING OF YEAR			0		0 	CASH - END OF YEAR				0		0 RPM ADVANTAGE, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY FOR THE Period January 1 - MARCH 31, 2006 (UNAUDITED) 								 Total 		 Common Stock Additional	 Accumulated Stockholder 		Amount Shares Paid-in Capital Deficit	 (Deficit) 								 /Equity DEC 31, 2005 50,253 50,253,286 6,799,124 (6,900,327) (50,950) Prior Period Adj (5,718) (5,718,000) 5,718,000 0 Balance ---------------------------------------------------------------------------- 3/31/2006 $44,535 44,535,286 6,804,842 (6,900,327) (50,950) ---------------------------------------------------------------------------- ITEM 1. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Communitronics of America, Inc. (A Development Stage Company) Notes to Financial Statements NOTE #1 Organization Communitronics of America, Inc., (formerly Oneida General Corporation) (Communitronics of America,) was organized in the state of Utah on September 21, 1970. Communitronics of America, Inc. is a provider of wireless messaging and information delivery services. The Company formely maintained an extensive network of radio towers positioned to deliver wireless messaging services throughout the coastal regions of Alabama, Louisiana, Mississippi and the Florida Panhandle. NOTE #2 Significant Accounting Policies A.	The Company uses the accrual method of accounting. B.	Revenues and directly related expenses are recognized in the 	period then the goods are shipped to the customer. C.	The Company considers all short term, highly liquid investments 	that are readily convertible, within three months, to known amounts 	as cash equivalents. The Company currently has no cash equivalents. D.	Basic Earnings Per Shares are computed by dividing income available 	to common stockholders by the weighted average number of common shares 	outstanding during the period. Diluted Earnings Per Share shall be 	computed by including contingently issuable shares with the weighted 	average shares outstanding during the period. When inclusion of the 	contingently issuable shares outstanding during the period. When 	inclusion of the contingently issuable shares would have an anti-dilutive 	effect upon earnings per share no diluted earnings per share shall 	be presented. E.	Inventories: Inventories are stated at the lower of cost, determined 	by the FIFO method or market. F.	Depreciation: The cost of property and equipment is depreciated over 	the estimated useful lives of the related Communitronics Group, Inc. 	assets. The cost of leasehold improvements is amortized over the 	lesser of the length of the lease of the related assets of the estimated 	lives of the assets. Depreciation and amortization is computed on the 	straight-line method. G.	Estimates: The preparation of the financial statements in conformity 	with generally accepted accounting Principles requires management to 	make estimates and Communitronics Assumptions that affect the amounts 	reported in the financial statements and accompanying notes. Actual 	results could differ from those estimates. NOTE #3 Income Taxes Communitronics of America, Inc., has adopted SFAS 109 to account for income taxes. Communitronics of America, Inc., currently has no issues that create timing differences that would mandate deferred tax expense. Net operating losses would create possible tax assets in future years. Due to the uncertainty as to the utilization of net operating loss carry forwards an evaluation allowance has been made to the extent of any tax benefit that net-operating losses may generate. Subsequent to the report Communitronics of America, had a change in officers and a change in control. When control of an entity changes net operating losses generally can be used only by the tax payer (Officers) who sustained the losses. There can be no assurance that the net operating losses sustained before the change in control will be available for future benefits. Communitronics of America, Inc., has incurred losses that can be carried forward to offset future earnings if conditions of the Internal Revenue Codes are met. These losses are as follows: 	Year of Loss		Amount		Expiration Date 	2006-2020	 	$6,900,327		2020 Current Tax Asset Value of Net Operating Loss Carry forwards At Current Prevailing Federal Tax Rate (33.9%)	$2,339,210 Evaluation Allowance (33.9%)		$2,339,210 Net Tax Asset $				 -0- Current Income Tax Expense		 -0- Deferred Income Tax Benefit		 -0- NOTE #4 Going Concern Communtronics of America, Inc., has no assets and no operations from which it can obtain working capitaland therefore remains dependant upon its shareholders to continue to provide the minimum amounts needed to keep the corporation active. Communitronics of America, Inc., recognizes that it must find a source of working capital or Communitronics of America, Inc., may not be able to continue its existence. Current officers of Communitronics of America, Inc., are seeking a business opportunity through merger or acquisition that would provide operations with a revenue flow and the possibility of additional capital investment. NOTE #5 Stockholders Equity Communitronics of America, Inc., is authorized to issue 50,000,000 shares of $0.001 par value stock. Pursuant to Form 10KSB12G Registration statement Communitronics of America, Inc., filed on February 5, 2001. The Registrant authorized the issuance of 2,000,000 shares of Common Stock to Ken Kurtz, the President and Secretary of the Registrant, for services in reliance upon Section 4(2) of the Securities Act of 1933. These shares were canceled by agreement effective October 26, 1998. Effective November 10, 1997, the Registrant issued 500,000 shares to Tammy Gehring, the Secretary and Treasurer of the Registrant, as compensation for services in reliance upon Section 4(2) of the Securities Act of 1933. These shares were canceled by agreement effective October 26,1998. In September 1998, the Registrant issued 1,303,500 shares of Common Stock for $0.10 per share in the aggregate amount of $130,350 (including the forgiveness of contract obligations) to three persons in reliance upon Rule 504 of Regulation D under the Securities Act of 1933. These three persons were Type Investment Holdings, Ltd. (435,000 shares), Lexington Sales Corporation Limited (435,000 shares), and Samuel and Carol Mastrull (433,500 shares). In October 1998, the Company issued a total of 5,500,000 shares of its Common Stock in exchange for all of the issued and outstanding common stock of Communitronics, Inc., an Alabama corporation, which became a wholly owned subsidiary of the Company. The following stockholders received common stock of the Company in this stock exchange: David R. Pressler (4,715,500 shares), Ron Scalise (250,000 shares), R. Allen Gallagher (167,200 shares), Sam and Carol Mastrull (116,500 shares), Clayton Daigle (125,000 shares), and J. Cody Pressler (125,000 shares). The exchange was made in reliance upon Section 4(2) of the Securities Act of 1933. In December 1998, the Company issued 250,000 shares of its Common Stock to Mr. Kenneth E. Smith, the sole stockholder of Data Paging, Inc. for all of its issued and outstanding stock and its assets in reliance upon Section 4(2) of the Securities Act of 1933. Mr. Smith is an experienced and sophisticated businessman and investor. In January 1999, the Company issued 150,000 shares of its Common Stock to Arthur Malone for $15,000 in a limited offering made in reliance upon Rule 504 of Regulation D under the Securities Act of 1933. The Company filed Form D with the Securities and Exchange Commission regarding this transaction. Note #6 Contingencies In 2005, the Company became aware of a prior claim for services. The Company is investigating the validity of the claim. In the process of dealing with this claim the Company has established procedures in handling prior claims and a reserve of $50,000 for these matters. Note #7 Business Reorganization Effective January 3, 2006, RPM ADVANTAGE, Inc., a Utah corporation (the Company) entered into an Agreement and Plan of Reorganization (the Agreement) among Resource Protection Management, Inc., a Texas corporation (Resource Protection) and Allen Fletcher, the majority security holder of Resource Protection (Shareholder). Being that the company had limited resources and limited operations at the time of the acquisition of Resource Protection Management, LP , the combination was treated as a reverse acquisition whereby the acquired company are treated as the acquirer. Upon the terms and subject to the conditions of the Agreement, the holders of the equity interest of Resource Protection will exchange all of Resource Protections equity interest for a specified number of shares of the Companys common stock and preferred stock to be issued and the Company will acquire all of the issued and outstanding equity interest of Resource Protection, making Resource Protection a wholly-owned subsidiary of the Company. Being that the company had limited resources and Limited operations at the time of the acquisition of Resource Protection Management, LP , the combination was treated as a reverse acquisition whereby the acquired company are treated as the acquirer. The officers and directors of RPM and Resource Protection agreed on December 7, 2006 that the transaction was rescinded and reversed and not never complete, hence never consummated as required by law, and that the transaction, if complete in any manner, should be deemed now fully and in all things rescinded. We shall return to Resource Protection, immediately , all of the partnership or membership interested of Resource Protection which were transferred to us. In return, Resource Protection shall return to RPM the shares of RPM restricted common stock transferred to them. If, for any reason, the actual transfer of the subject securities, and their return to the party which originally owned them, is not complete within 15 days , any party not in receipt of the securities to which it is entitled pursuant to this Agreement, is authorized to cancel any securities which were the subject of this Agreement, with the result that Resource Protection shall own no shares of RPM, and RPM shall own no interest of Resource Protection. Effective May 4, 2006, RPM Advantage, Inc. (formerly Communitronic of America, Inc.), a Nevada corporation (the Company) entered into an Definitive Purchase and Sale Agreement and Plan of Reorganization (the Agreement) with Buchanan Electric, Inc. a Massachusetts corporation (Buchanan) and James Buchanan, the sole security holder of Buchanan Electric, Inc. (Shareholder). Upon the terms and subject to the conditions of the Agreement, RPM will exchange one million (1,000,000) shares of RPM restricted common stock for all of the outstanding common stock of Buchanan. The Company will acquire all of the issued and outstanding equity interest of Buchanan, making Buchanan a wholly-owned subsidiary of the Company and operate out of RPM's new corporate headquarters in Houston Texas and Buchanan's Offices in Uxbridge, MA. The aggregate value of the transaction is seventeen million dollars ($17,000,000) of RPM Advantage common stock and the assumption of three million, three hundred thousand($3,300,000) in debt. By the terms of the Agreement RPM was to acquire all of the issued and outstanding equity interest owned by Buchanan in the company, making Buchanan Electric a wholly owned subsidiary of the company. We have been advised that in your opinion Buchanan, and in the opinion of Buchanan counsel, the merger agreement was never consummated and that the shares of Buchanan Electric were never transferred to RPM in exchange for the RPM shares pursuant to the transaction identified, Due to the inability of the Buchanan to be refinance and the Mr. Buchanan desire to not extend our option time to finish the refinancing. The officers and directors of RPM agree that the transaction was never complete, hence never consummated as required by law, and that the transaction, if complete in any manner, should be deemed now fully and in all things rescinded. We shall return to Buchanan, immediately , all of the shares of common stock of Buchanan which were transferred to us. In return, Buchanan shall return to RPM the 1,000,000 shares of RPM restricted common stock transferred to Buchanan. If, for any reason, the actual transfer of the subject securities, and their return to the party which originally owned them, is not complete within 15 days , any party not in receipt of the securities to which it is entitled pursuant to this Agreement, is authorized to cancel any securities which were the subject of this Agreement, with the result that Buchanan shall own no shares of RPM, and RPM shall own no shares of Buchanan. ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS. You should read the following discussion and analysis of financial condition and results of operations of Communitronics together with the financial statements and the notes to the financial statements which appear elsewhere in this quarterly report and Communitronics's Form 10-KSB for the year ended December 31, 2005. FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-QSB includes forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events. These forward-looking statements are subject to risks, uncertainties and assumptions, which include, among other things: - our need for substantial capital; - our ability to service debt; - our history of net operating losses; - the amortization of our intangible assets; - our ability to integrate our various acquisitions; - the risks associated with our ability to implement our business strategies; - the impact of competition and technological developments; - subscriber turnover; - litigation and regulatory changes; - dependence on key suppliers; and - reliance on key personnel. Other matters set forth in this Quarterly Report on Form 10-QSB may also cause actual results to differ materially from those described in the forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this Quarterly Report on Form 10-QSB may not occur. OVERVIEW The Company is a provider of wireless message paging and information delivery services. Wireless message paging is comprised of numeric paging that permits a pager to register the telephone number of the caller to the customer. Information delivery systems is comprised of both numeric paging and text messaging services. The Company had a network of 14 radio towers (one tower was owned by the Company and 13 towers were leased) to deliver wireless messaging services in the coastal regions of Alabama, Louisiana, Mississippi and the Florida panhandle. The Company owned seven Certificates of Public Convenience and Necessity issued by the Alabama Public Service Commission and 34 frequencies licensed by the Federal Communications Commission. These certificates and licenses allowed the Company to provide wireless messaging services in these geographic areas. The Company supports its operations from its executive offices in Daphne, Alabama, The geographic areas served by the Company covers approximately 10,000,000 persons. RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31,2006 The Company had no revenues for the three month period ended March 31, 2006 same as the three month period ended March 31, 2006, due to a lack of inventory in 2006 and management's efforts were concentrated on capital rasing efforts at that time. The Company's growth, whether internal or through acquisitions, requires significant capital investment infrastructure. During the three months ended March 31,2006, there were no capital expenditures due to a lack of cash flow. For the remainder of 2006, the Company's business strategy will be focused on increasing stockholder value by rasing capital and finding a strtgeic partnerto merge with. availability of financing and the ability to reduce the combined companies long-term debt. Such potential transactions may result in substantial capital requirements for which additional financing may be required. No assurance can be given that such additional financing would be available on terms satisfactory to the Company. RESULTS OF OPERATIONS - General and administrative expenses include executive management, accounting, office telephone, repairs and maintenance, management information systems, salaries and employee benefits. THREE MONTHS ENDED MARCH 31, 2006 COMPARED WITH 2005 Revenues The Company expects such expense savings to be partially offset by an increase in rental costs for other transmitter and tower sites as the Company tries to re-establish its presence in the Southeastern United States. There was no change in General and administrative expenses. The Company's had no gain or loss for the three months ended 3/31/06. FINANCIAL CONDITION, LIQUIDITY AND CAPITAL RESOURCES Access to Future Capital The Company's ability to access borrowings and generate investments in the company and to meet its debt service and other obligations will be dependent upon its future performance and its cash flows from operations, which will be subject to financial, business and other factors, certain of which are beyond the Company's control, such as prevailing economic conditions. The Company cannot assure you that, in the event it was to require additional financing, such additional financing would be available on terms permitted by agreements relating to existing indebtedness or otherwise satisfactory to it. PART II - OTHER INFORMATION ITEM 1. LEGAL PROCEEDINGS None ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS None ITEM 3. DEFAULTS UPON SENIOR SECURITIES None ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS Our board of directors approved and adopted a Plan and Agreement of Merger (the "Merger Plan") on January 4, 2006. Under the Merger Plan, Communitronics Utah approved the merger of Communitronics Utah with and into Communitronics Nevada and the exchange of each share of Communitronics Utah for one (1) share of Communitronics Nevada. As of the close of business on December 31, 2005, the record date for shares entitled to notice of and to sign written consents in connection with the reincorporation, there were 7,705,296 shares of our common stock outstanding and 10,000,000 shares of our preferred stock outstanding. Each share of our common stock is entitled to one vote and each share of our preferred stock is entitled to 100 votes in connection with the reincorporation. Prior to the mailing of this Information Statement, Mr. Pressler, who owns all of the preferred stock outstanding, signed written consent approving the reincorporation. As a result, the Merger Plan has been approved and neither a meeting of our stockholders nor additional written consents are necessary. This Information Statement will be mailed or provided to the stockholders of Communitronics Utah on March 10, 2006. ITEM 5. OTHER INFORMATION. Not applicable. ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K. None SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Amendment to be signed on its behalf by the undersigned thereunto duly authorized. Communitronics of America, Inc. Date: July 15, 2011 By: /s/ David R. Pressler David R. Pressler Interm President, and Chief Executive Officer THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM BALANCE SHEET AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH 2004 10-KSB <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-2005 <PERIOD-END> MAR-30-2006 <CASH> 0 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 0 <CURRENT-LIABILITIES> 50,950 <BONDS> 0 <PREFERRED-MANDATORY> 10,000 <PREFERRED> 0 <COMMON> 7,705 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 0 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 0 <EPS-PRIMARY> .00 <EPS-DILUTED> .00