EXHIBIT 33.1 Change in Directors or Principal Officers, Financial Statements ITEM 5.02 Departure of Directors or Principal Officers On October 1, 2005 IMC hired Jon Wallis to the position of Chairman and CEO, Jerry Scalzo Resigned from Chairman and CEO to become a Director. On December 6, 2005 Jerry Scalzo (Director) resigned December 19, 2005 Intelligent Motor Cars Group, Inc. /s/ Jon Wallis -------------------------------- Jon Wallis Chief Executive Officer and Acting Chief Financial Officer