8-K/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.  20549

FORM 8-K/A

(Amendment No. 4)

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  July 17, 2007

VISUAL MANAGEMENT SYSTEMS, INC.

(Exact name of registrant as specified in its charter)

Nevada (State or other jurisdiction of incorporation)	333-133936 (Commission File Number)	68-0634458 (IRS Employer Identification Number)
1000 Industrial Way North, Suite C Toms River, New Jersey  08755 (Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code: (732) 281-1355

(Former name or former address, if changed since last report)

Wildon Productions Inc.

702-3071 Glen Drive

Coquitlam, British Columbia

Canada  V3B 7RI

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))

EXPLANATORY NOTE

This Form 8-K/A amends the Form 8-K filed by Visual Management Systems, Inc. on July 23, 2007, as amended on August 8, 2007, October 26, 2007, and January 29, 2008, to refile Exhibit 99.3 which sets forth revised pro forma financial information.

Item 9.01	FINANCIAL STATEMENTS AND EXHIBITS
	(b)	PRO FORMA FINANCIAL INFORMATION
		Pro Forma financial information giving effect to the merger of Visual Management Systems Holding, Inc. and VMS Acquisition Corp. is included herewith as Exhibit 99.3.
	(c)	EXHIBITS
	99.3	Pro Forma Financial Information. (filed herewith)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Visual Management Systems, Inc.
	(Registrant)
By:	/s/ Jason Gonzalez
Name:	Jason Gonzalez
Title:	President and Chief Executive Officer

Dated:  May 12, 2008

2

EX-99.3

EXHIBIT 99.3

VISUAL MANAGEMENT SYSTEMS, INC. AND SUBSIDIARIES

(FORMERLY WILDON PRODUCTIONS INC.)

PRO-FORMA FINANCIAL STATEMENTS

The accompanying amended unaudited pro forma consolidated financial statements of Visual Management Systems, Inc. and subsidiaries (formerly Wildon Productions Inc.) (the “Company”) give effect to the (a) merger (the “Merger”) of the Company’s wholly-owned subsidiary, VMS Acquisition Corp., with and into Visual Management Systems Holding, Inc., a New Jersey Corporation (“VMS”) and (b) 1-for-7 reverse split (the “Reverse Split”) of the Company’s common stock, $.01 par value (the “Common Stock”), which became effective on July 17, 2007 as if such transactions had occurred on May 31, 2007 for balance sheet data and March 1, 2006 for Statement of Operations Data.

In connection with the Merger, the Company acquired 100% of the issued and outstanding capital stock of VMS in exchange for 5,218,000 shares of the Company’s Common Stock, and certain holders of Common Stock agreed to cancel 476,429 shares (after giving effect to the Reverse Split) of Common Stock at the time of the Merger.  Under the terms of the Merger Agreement, each share of VMS Common Stock outstanding prior to the Merger (10,436,000 shares) was converted into .50 shares of Common Stock at the time of the Merger.  As a result, VMS’ former stockholders became the majority shareholders of the Company and VMS became a wholly-owned subsidiary of the Company.

The acquisition of VMS by the Company has been accounted for as a reverse merger because on a post-merger basis, the former VMS shareholders hold a majority of the outstanding shares of the Company’s Common Stock.  As a result, VMS was deemed to be the acquirer for accounting purposes.

In April 2008, in conjunction with the audit of the Company’s financial statements for the year ended December 31, 2007, the Company’s management, after discussions with the Company’s independent registered public accounting firm, determined that its previously issued pro forma financial statements for the periods identified above failed to properly record the impact of inter-company transactions on revenue, cost of revenue, and inventory.  In addition, changes were made to properly reflect the impacts on customer deposits and accounts receivable for amounts billed to customers but not yet earned as revenue.  Finally, the identified pro forma statements were modified to properly reflect the impact of the Company’s reverse merger transaction on the equity section of the Company’s balance sheet.

In the opinion of the Company’s management, the accompanying amended unaudited pro forma consolidated balance sheet and amended unaudited pro forma statement of loss include all adjustments necessary for the fair presentation of the transactions in accordance with the requirements of the Securities Exchange Commission.  The accompanying amended unaudited pro forma consolidated financial statements are prepared for illustrative purposes only and may not be indicative of the financial position or operating results that would have occurred if the transactions had been completed on March 1, 2006.  Furthermore, the reported unaudited pro forma consolidated statement of loss is not necessarily indicative of the operating results that may be obtained by the Company on an annual basis.

VISUAL MANAGEMENT SYSTEMS, INC. AND SUBSIDIARIES

(FORMERLY WILDON PRODUCTIONS INC.)

PRO-FORMA STATEMENT OF OPERATIONS

FOR THE 3 MONTHS ENDED MAY 31, 2007

	Visual Management Systems, Inc. (formerly Wildon Productions Inc.)		Visual Management Systems Holding, Inc. and Subsidiaries	Eliminations		Pro-Forma Combined
Revenues	$	-	1,459,355				1,459,355
Cost of revenues		-	788,512				788,512
Gross margin		-	670,843				670,843
Operating expenses		40,094	1,610,726		-40,094		1,610,726
Loss from operations		-40,094	-939,883		40,094		-939,883
Other (income) expenses
Debt conversion expense		-	-				-
Interest income		-	-47				-47
Interest expense		-	145,374				145,374
Miscellaneous (income) expense		-	-				-
		-	145,327		-		145,327
Provision for taxes			2,933				2,933
Net loss	$	-40,094	-1,088,143		40,094		-1,088,143

VISUAL MANAGEMENT SYSTEMS, INC. AND SUBSIDIARIES

(FORMERLY WILDON PRODUCTIONS INC.)

PRO-FORMA STATEMENT OF OPERATIONS

FOR THE 12 MONTHS ENDED FEBRUARY 28, 2007

	Visual Management Systems, Inc. (formerly Wildon Productions Inc.)		Visual Management Systems Holding, Inc. and Subsidiaries			Eliminations		Pro Forma Combined
Revenues - net		-		4,664,694			-		4,664,694
Cost of revenues		-		2,394,650			-		2,394,650
Gross margin		-		2,270,044			-		2,270,044
Operating expenses		78,979		4,285,187			-78,979		4,285,187
Loss from operations		-78,979		-2,015,142			78,979		-2,015,142
Other (income) expenses
Debt conversion expense				855,034			-		855,034
Interest income				(1,604	)		-		-1,604
Interest expense				59,303			-		59,303
Miscellaneous (income) expense				1,108			-		1,108
		-		913,842			-		913,842
Provision for taxes				182			-		182
Net loss	$	-78,979		-2,929,166			78,979		-2,929,166

VISUAL MANAGEMENT SYSTEMS, INC. AND SUBSIDIARIES

(FORMERLY WILDON PRODUCTIONS INC.)

PRO-FORMA CONSOLIDATING BALANCE SHEET

31-May-07

	Visual Management Systems, Inc. (Formerly Wildon Productions Inc.)		Visual Management Systems Holding, Inc. and Subsidiaries		Pro Forma Adjustments		Pro Forma Combined
Assets
Current Assets
Cash		14,864				-		14,864
Accounts Receivable		-		370,163		-		370,163
Intercompany Receivable		-		-		-		-
Inventory		-		356,670		-		356,670
Prepaid Expenses		-		27,277		-		27,277
		14,864		754,109		-		768,973
Property and Equipment - net		-		355,955		-		355,955
Equipment Under Capital Leases - net		-				-		-
Deposits		-		106,132		-		106,132
Intangibles - net		-		35,123		-		35,123
Total Assets		14,864		1,251,320				1,266,184
Liabilities and Stockholders' Deficit
Current Liabilities
Bank Overdraft		-		64,551				64,551
Accounts Payable		4,120		1,011,375		-		1,015,495
Interco Payable		-		-		-		-
Accrued Expenses		21,012		330,919		-		351,931
Customer Deposits		-		166,849		-		166,849
Sales Tax Payable		-		52,225		-		52,225
Current Portion of Long-Term Debt		-		78,997		-		78,997
Current Portion of Obligations Under		-		-		-		-
Capital Leases
		25,132		1,704,916		-		1,730,048
Convertible Debt				125,000				125,000
Long-Term Debt - net of current portion		-		252,992				252,992
Obligations Under Capital Leases - net of current		-		22,995				22,995
portion								-
Loans Payable Stockholders		-		4,622				4,622
								-
Stockholders Deficit								-
Common Stock		2,035		37,142		-2,035		37,142
Additional Paid-In Capital		111,965		4,112,690		-122,233		4,102,422
Treasury Stock		-		-150,000				-150,000
Accumulated Deficit		-124,268		-4,859,037		124,268		-4,859,037
		-10,268		-859,205		-		-869,473
		14,864		1,251,320		-		1,266,184

VISUAL MANAGEMENT SYSTEMS, INC. AND SUBSIDIARIES

(FORMERLY WILDON PRODUCTIONS INC.)

PRO-FORMA CONSOLIDATING BALANCE SHEET

28-Feb-07

	Visual Management Systems, Inc. (Formerly Wildon Productions Inc.)		Visual Management Systems Holding, Inc. and Subsidiaries			Pro Forma Adjustments		Pro Forma Combined
Assets
Current Assets
Cash		49,791		60,204					109,995
Accounts Receivable		-		227,405					227,405
Intercompany Receivable		-							-
Inventory		-		301,323					301,323
Prepaid Expenses		285		8,894					9,179
		50,076		597,826			-		647,902
Property and Equipment - net		-		323,889			-		323,889
Equipment Under Capital Leases - net		-					-		-
Deposits		-		75,299			-		4,338
Intangibles - net		-		4,338			-		75,299
Total Assets		50,076		1,001,352			-		1,051,428
Liabilities and Stockholders' Deficit
Current Liabilities
Bank Overdraft		-		-					-
Accounts Payable				731,817			-		731,817
Interco Payable		-					-		-
Accrued Expenses		20,700		272,387			-		293,087
Customer Deposits		-		146,004			-		146,004
Sales Tax Payable		-		35,197			-		35,197
Current Portion of Long-Term Debt		-		75,719			-		75,719
Current Portion of Obligations Under
Capital Leases		-		-			-		-
		20,700		1,261,124			-		1,281,824
Convertible Debt				-					-
Long-Term Debt - net of current portion		-		282,054					282,054
Obligations Under Capital Leases - net of current		-		28,832					28,832
portion									-
Loans Payable Stockholders		-		6,000					6,000
									-
Stockholders Deficit									-
Common Stock		14,250		28,777			-14,250		28,777
Additional Paid-In Capital		105,400		3,315,460			-76,024		3,344,836
Treasury Stock		-		(150,000	)				-150,000
Accumulated Deficit		-90,274		-3,770,895			90,274		-3,770,895
		29,376		-576,658			-		-547,282
		50,076		1,001,352			-		1,051,428