| x | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|-----------------------------------------------------------------------------------------|

| o | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|------------------------------------------------------------------------------------------|

| SINOCUBATE, INC.                                       |
|--------------------------------------------------------|
| (Exact name of registrant as specified in its charter) |

| Nevada                                                         |   | 98-0199508                        |
|----------------------------------------------------------------|--------|-----------------------------------|
| (State or other jurisdiction of incorporation or organization) |   | (IRS Employer Identification No.) |

| 65 Broadway, 7 th Floor New York, New York |   | 10006      |
|--------------------------------------------|--------|------------|
| (Address of principal executive offices)   |   | (Zip Code) |

| Issuer’s telephone number |   | (347) 329 2954 |
|---------------------------------|--------|----------------|

| (Former name, former address and former fiscal year, if changed since last report) |
|------------------------------------------------------------------------------------|

| Large Accelerated Filer | o | Accelerated Filer         | o |
|-------------------------|---|---------------------------|---|
| Non Accelerated Filer   | o | Smaller Reporting Company | x |

----

| PART I – FINANCIAL INFORMATION |                                                                                        |
|-------------------------------------------|---------------------------------------------------------------------------------------------|
| ITEM 1.                                   | FINANCIAL STATEMENTS                                                                        |   |
|                                      | Balance Sheets (Unaudited)                                                                  | F-2 |
|                                      | Statement of Operations and Comprehensive Loss (Unaudited)                                  | F-3 |
|                                      | Statement of Cash Flows (Unaudited)                                                         | F-4 |
|                                      | Statement of Stockholders' Deficiency (Unaudited)                                           | F-5 – F-6 |
|                                      | Notes to Financial Statements (Unaudited)                                                   | F-7 – F-12 |
| ITEM 2.                                   | MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS | 3 |
| ITEM 3.                                   | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK                                  | 5 |
| ITEM 4.                                   | CONTROLS AND PROCEDURES                                                                     | 5 |
| PART II –OTHER INFORMATION          |                                                                                        |
| ITEM 1.                                   | LEGAL PROCEEDINGS                                                                           | 6 |
| ITEM 1A.                                  | RISK FACTORS                                                                                | 6 |
| ITEM 2.                                   | UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS                                 | 6 |
| ITEM 3.                                   | DEFAULTS UPON SENIOR SECURITIES                                                             | 6 |
| ITEM 4.                                   | SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS                                         | 6 |
| ITEM 5.                                   | OTHER INFORMATION                                                                           | 6 |
| ITEM 6.                                   | EXHIBITS                                                                                    | 6 |
| SIGNATURES                                | 6                                                                                           |

----

----

|                                                                                                                   |   |                          |                |   |                      |   |                        |   |
|------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------|---------------------|--------|---------------------------|--------|-----------------------------|--------|
|                                                                                                                   |   | June 30, 2011(Unaudited) |                |   | December 31,2010(audited) |   |
| ASSETS                                                                                                                 |   |                          |                |   |                      |   |
| Current                                                                                                                |   |                          |                |   |                      |   |
| Cash                                                                                                                   |   | $                             | —             |   |                      | $      | —                     |   |
| Stock receivable – note 2                                                                                        |   |                          | 478,000             |   |                      |   | —                     |   |
|                                                                                                                   |   |                          |                |   |                      |   |                        |   |
| LIABILITIES AND STOCKHOLDERS’ DEFICIENCY                                                                         |   |                          |                |   |                      |   |                        |   |
|                                                                                                                   |   |                          |                |   |                      |   |                        |   |
| Current                                                                                                                |   |                          |                |   |                      |   |                        |   |
| Accounts payable and accrued liabilities                                                                               |   | $                             | 6,750               |   |                      | $      | —                     |   |
|                                                                                                                   |   |                          |                |   |                      |   |                        |   |
| Capital stock                                                                                                          |   |                          |                |   |                      |   |                        |   |
| Preferred stock, $0.001 par value, 5,000,000 shares authorized, no shares issued oroutstanding as of June 30, 2011     |   |                          |  —  |   |                      |   |  —          |   |
| Common stock, $0.001 par value, 100,000,000 shares authorized 995,655 shares issuedand outstanding as of June 30, 2011 |   |                          |  996           |   |                      |   |     996 |   |
| Common stock subscribed but not yet issued – note 8                                                              |   |                          | 1,912               |   |                      |   | —                     |   |
| Additional paid-in capital                                                                                             |   |                          | 2,837,951           |   |                      |   | 2,359,863                   |   |
| Deficit                                                                                                                |   |                          | (1,305,454          | )      |                      |   | (1,305,454)                 |   |
| Deficit accumulated during the development stage                                                                       |   |                          | (1,064,155          | )      |                      |   | (1,055,405)                 |   |
|                                                                                                                   |   | $                             | —             |   |                      | $      | —                     |   |

----

|                                                                               |   | Three months ended,June 30, |    |   | Six months endedJune 30, |   |    | January 1, 2004 (Date ofInception of theDevelopment Stage) toJune 30, |   |
|------------------------------------------------------------------------------------|--------|-----------------------------|---------|--------|--------------------------|--------|---------|----------------------------------------------------------------------------|--------|
|                                                                               |   | 2011                        |    |   | 2010                     |   |    | 2011                                                                       |   |   | 2010 |   |   | 2011 |   |
| General and administrative expenses:                                               |   |                        |    |   |                     |   |    |                                                                       |   |   |   |   |   |   |   |
| Amortization                                                                       |   | $                           | -       |   |                     | $      | -       |                                                                       |   | $ | - |   |   | $ | - |   |   | $ | 27,077 |   |
| Bad debt                                                                           |   |                        | -       |   |                     |   | -       |                                                                       |   |   | - |   |   |   | - |   |   |   | 525 |   |
| Corporate promotion                                                                |   |                        | -       |   |                     |   | -       |                                                                       |   |   | - |   |   |   | - |   |   |   | 13,920 |   |
| Finance charges                                                                    |   |                        | -       |   |                     |   | -       |                                                                       |   |   | - |   |   |   | - |   |   |   | 27,397 |   |
| Insurance                                                                          |   |                        | -       |   |                     |   | -       |                                                                       |   |   | - |   |   |   | - |   |   |   | 15,901 |   |
| Interest on notes payable                                                          |   |                        | -       |   |                     |   | -       |                                                                       |   |   | - |   |   |   | - |   |   |   | 34,648 |   |
| Management and consultant fees                                                     |   |                        | 2,250   |   |                     |   | -       |                                                                       |   |   | 2,250 |   |   |   | - |   |   |   | 316,624 |   |
| Office supplies and services                                                       |   |                        | 500     |   |                     |   | 1,000   |                                                                       |   |   | 1,000 |   |   |   | 2,000 |   |   |   | 51,942 |   |
| Professional fees                                                                  |   |                        | 4,000   |   |                     |   | 3,000   |                                                                       |   |   | 5,500 |   |   |   | 6,000 |   |   |   | 337,017 |   |
| Rent                                                                               |   |                        | -       |   |                     |   | -       |                                                                       |   |   | - |   |   |   | - |   |   |   | 16,311 |   |
| Wages                                                                              |   |                        | -       |   |                     |   | -       |                                                                       |   |   | - |   |   |   | - |   |   |   | 84,258 |   |
|                                                                               |   |                        |    |   |                     |   |    |                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss before other items                                                            |   |                        | (6,750  | )      |                     |   | (4,000  | )                                                                          |   |   | (8,750 | ) |   |   | (8,000 | ) |   |   | (925,620 | ) |
|                                                                               |   |                        |    |   |                     |   |    |                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| Other items:                                                                       |   |                        |    |   |                     |   |    |                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss on disposition of equipment                                                   |   |                        | -       |   |                     |   | -       |                                                                       |   |   | - |   |   |   | - |   |   |   | (15,028 | ) |
| Write-down of intangible assets                                                    |   |                        | -       |   |                     |   | -       |                                                                       |   |   | - |   |   |   | - |   |   |   | (50,001 | ) |
| Write-off of payables                                                              |   |                        | -       |   |                     |   | -       |                                                                       |   |   | - |   |   |   | - |   |   |   | 73,607 |   |
| Write-off of notes payable                                                         |   |                        | -       |   |                     |   | -       |                                                                       |   |   | - |   |   |   | - |   |   |   | 14,823 |   |
| Gain on settlement of lawsuit                                                      |   |                        | -       |   |                     |   | -       |                                                                       |   |   | - |   |   |   | - |   |   |   | 44,445 |   |
| Gain on sale of investment                                                         |   |                        | -       |   |                     |   | -       |                                                                       |   |   | - |   |   |   | - |   |   |   | 31,874 |   |
| Other income                                                                       |   |                        | -       |   |                     |   | -       |                                                                       |   |   | - |   |   |   | - |   |   |   | 42,530 |   |
|                                                                               |   |                        |    |   |                     |   |    |                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| Income (loss) from continuing operations                                           |   |                        | (6,750  | )      |                     |   | (4,000  | )                                                                          |   |   | (8,750 | ) |   |   | (8,000 | ) |   |   | (783,370 | ) |
|                                                                               |   |                        |    |   |                     |   |    |                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating loss (income) from discontinued operations                               |   |                        | -       |   |                     |   | -       |                                                                       |   |   | - |   |   |   | - |   |   |   | (388,905 | ) |
|                                                                               |   |                        |    |   |                     |   |    |                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| Gain on sales of discontinued operations                                           |   |                        | -       |   |                     |   | -       |                                                                       |   |   | - |   |   |   | - |   |   |   | 108,120 |   |
|                                                                               |   |                        |    |   |                     |   |    |                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| Net income (loss)                                                                  |   | $                           | (6,750  | )      |                     | $      | (4,000  | )                                                                          |   | $ | (8,750 | ) |   | $ | (8,000 | ) |   | $ | (1,064,155 | ) |
|                                                                               |   |                        |    |   |                     |   |    |                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic and diluted income (loss) per                                                |   |                        |    |   |                     |   |    |                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
|  Common share – continuing operations                                   |   |                        | (0.007  | )      |                     |   | (0.004  | )                                                                          |   |   | (0.009 | ) |   |   | (0.008 | ) |   |   |   |   |
|                                                                               |   |                        |    |   |                     |   |    |                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average number of common share outstanding – basic and diluted |   |                        | 995,655 |   |                     |   | 995,655 |                                                                       |   |   | 995,655 |   |   |   | 995,655 |   |   |   |   |   |
|                                                                               |   |                        |    |   |                     |   |    |                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| Comprehensive income (loss)                                                        |   |                        |    |   |                     |   |    |                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| Net income (loss)                                                                  |   | $                           | (6,750  | )      |                     | $      | (4,000  | )                                                                          |   | $ | (8,750 | ) |   | $ | (8,000 | ) |   | $ | (1,064,155 | ) |
| Foreign currency translation adjustment                                            |   |                        | -       |   |                     |   | -       |                                                                       |   |   | - |   |   |   | - |   |   |   | - |   |
| Total comprehensive income (loss)                                                  |   | $                           | (6,750  | )      |                     | $      | (4,000  | )                                                                          |   | $ | (8,750 | ) |   | $ | (8,000 | ) |   | $ | (1,064,155 | ) |

----

|                                                                        |   | Six months ended |    |   | January 1, 2004 (Date of Inception of the Development Stage) to |   |
|-----------------------------------------------------------------------------|--------|------------------|---------|--------|-----------------------------------------------------------------|--------|
|                                                                        |   | June 30,         |    |   | June 30,                                                        |   |
|                                                                        |   | 2011             |    |   | 2010                                                            |   |   | 2011 |   |
| Cash flows from operating activities:                                       |   |             |    |   |                                                            |   |   |   |   |
| Net income (loss)                                                           |   | $                | (8,750  | )      |                                                            | $      | (8,000 | ) |   | $ | (1,064,155 | ) |
| Adjustments to reconcile net loss to net cash used in operating activities: |   |             |    |   |                                                            |   |   |   |   |   |   |   |
| Finance charges                                                             |   |             | — |   |                                                            |   | — |   |   |   | 27,387 |   |
| Accrued interest on notes payable                                           |   |             | — |   |                                                            |   | — |   |   |   | 31,414 |   |
| Amortization                                                                |   |             | — |   |                                                            |   | — |   |   |   | 27,077 |   |
| Accrued expenses and service costs assumed by majority shareholder          |   |             | 2,000   |   |                                                            |   | 8,000 |   |   |   | 104,508 |   |
| Foreign exchange effect on notes payable                                    |   |             | — |   |                                                            |   | — |   |   |   | 5,303 |   |
| Issuance of common stock for services                                       |   |             | — |   |                                                            |   | — |   |   |   | 1,000 |   |
| Stock-based compensation                                                    |   |             | — |   |                                                            |   | — |   |   |   | 28,480 |   |
| Loss on disposition of equipment                                            |   |             | — |   |                                                            |   | — |   |   |   | 225,184 |   |
| Write-down of intangible assets                                             |   |             | — |   |                                                            |   | — |   |   |   | 360,001 |   |
| Write-off of payables                                                       |   |             | — |   |                                                            |   | — |   |   |   | (73,607 | ) |
| Write-off of notes payable                                                  |   |             | — |   |                                                            |   | — |   |   |   | (18,729 | ) |
| Gain on settlement of lawsuit                                               |   |             | — |   |                                                            |   | — |   |   |   | (44,445 | ) |
| Gain on sale of discontinued operations                                     |   |             | — |   |                                                            |   | — |   |   |   | (108,121 | ) |
|     Gain on sale of investments                         |   |             | — |   |                                                            |   | — |   |   |   | (31,874 | ) |
|     Other income                                        |   |             | — |   |                                                            |   | — |   |   |   | (42,530 | ) |
| Changes in non-cash working capital items:                                  |   |             |    |   |                                                            |   |   |   |   |   |   |   |
| Accounts payable and accrued liabilities                                    |   |             | 6,750   |   |                                                            |   | — |   |   |   | 150,271 |   |
| Cash used in continuing operations                                          |   |             | — |   |                                                            |   | — |   |   |   | (422,836 | ) |
| Discontinued operations                                                     |   |             | — |   |                                                            |   | — |   |   |   | (171,213 | ) |
|                                                                        |   |             |    |   |                                                            |   |   |   |   |   |   |   |
| Net cash used in operating activities                                       |   |             | — |   |                                                            |   | — |   |   |   | (594,049 | ) |
|                                                                        |   |             |    |   |                                                            |   |   |   |   |   |   |   |
| Cash flows from investing activities:                                       |   |             |    |   |                                                            |   |   |   |   |   |   |   |
| Proceeds from sale of subsidiary                                            |   |             | — |   |                                                            |   | — |   |   |   | 1 |   |
| Proceeds from assets disposition                                            |   |             | — |   |                                                            |   | — |   |   |   | 5,458 |   |
| Purchase of equipment                                                       |   |             | — |   |                                                            |   | — |   |   |   | (5,808 | ) |
| Net cash used in investing activities                                       |   |             | — |   |                                                            |   | — |   |   |   | (349 | ) |
|                                                                        |   |             |    |   |                                                            |   |   |   |   |   |   |   |
| Cash flows from financing activities:                                       |   |             |    |   |                                                            |   |   |   |   |   |   |   |
| Settlement of notes payable                                                 |   |             | — |   |                                                            |   | — |   |   |   | 398,614 |   |
| Proceeds from issuance of common stock                                      |   |             | — |   |                                                            |   | — |   |   |   | 1,000 |   |
|                                                                        |   |             |    |   |                                                            |   |   |   |   |   |   |   |
| Net cash provided by financing activities                                   |   |             | — |   |                                                            |   | — |   |   |   | 399,614 |   |
|                                                                        |   |             |    |   |                                                            |   |   |   |   |   |   |   |
| Effect of exchange rate changes on cash                                     |   |             | — |   |                                                            |   | — |   |   |   | (14,734 | ) |
|                                                                        |   |             |    |   |                                                            |   |   |   |   |   |   |   |
| Change in cash                                                              |   |             | — |   |                                                            |   | — |   |   |   | (209,518 | ) |
|                                                                        |   |             |    |   |                                                            |   |   |   |   |   |   |   |
| Cash, beginning of period                                                   |   |             | — |   |                                                            |   | — |   |   |   | 209,518 |   |
|                                                                        |   |             |    |   |                                                            |   |   |   |   |   |   |   |
| Cash, ending of period                                                      |   | $                | — |   |                                                            | $      | — |   |   | $ | — |   |
|                                                                        |   |             |    |   |                                                            |   |   |   |   |   |   |   |
| Non-cash financing activities:                                              |   |             |    |   |                                                            |   |   |   |   |   |   |   |
| Issuance of common shares to acquire securities                             |   | $                | 478,000 |   |                                                            | $      | — |   |   | $ | 478,000 |   |

----

|                                                   |   |          |    |     |   |       |    |          |    |          |     |   |      |   | Deficit     |          |   |   |    |
|--------------------------------------------------------|--------|---------------|---------|----------|--------|------------|---------|---------------|---------|---------------|----------|--------|-----------|--------|-------------|---------------|--------|--------|---------|
|                                                   |   |          |    |     |   |       |    |          |    | Accumulated   |     |   |      |   | Accumulated |          |   |   |    |
|                                                   |   |          |    |     |   | Additional |    |          |    | Other         |     |   |      |   | During the  |          |   |   |    |
|                                                   |   | Common Shares |    | Treasury |   | Paid-in    |    | Subscriptions |    | Comprehensive |     |   |      |   | Development |          |   |   |    |
|                                                   |   | Number        |    |     | Amount |       | Stock   |          | Capital |          | Received |   | Income    |   | Deficit     |          |   | Stage  |    |   | Total |   |
| May 3, 1989 (Inception) through December 31, 1997 |   |          | 60,022  |     |   | $          | 600     |          | $       | —       |     | $      | 9,400     |   | $           | —       |   | $      | — |   | $ | (10,000 | ) |   | $ | — |   |   | $ | — |   |
| Net loss                                               |   |          | — |     |   |       | — |          |    | —       |     |   | —   |   |        | —       |   |   | — |   |   | (148,931 | ) |   |   | — |   |   |   | (148,931 | ) |
| Shares issued for cash                                 |   |          | 180,000 |     |   |       | 1,800   |          |    | —       |     |   | 148,200   |   |        | 2,000         |   |   | — |   |   | — |   |   |   | — |   |   |   | 152,000 |   |
| Balance at December 31, 1998                           |   |          | 240,022 |     |   |       | 2,400   |          |    | —       |     |   | 157,600   |   |        | 2,000         |   |   | — |   |   | (158,931 | ) |   |   | — |   |   |   | 3,069 |   |
| Net loss                                               |   |          | — |     |   |       | — |          |    | —       |     |   | —   |   |        | —       |   |   | — |   |   | (511,587 | ) |   |   | — |   |   |   | (511,587 | ) |
| Foreign currency translation adjustment                |   |          | — |     |   |       | — |          |    | —       |     |   | —   |   |        | —       |   |   | (14,130 | ) |   | — |   |   |   | — |   |   |   | (14,130 | ) |
| Share issued for services                              |   |          | 15,000  |     |   |       | 150     |          |    | —       |     |   | 124,850   |   |        | —       |   |   | — |   |   | — |   |   |   | — |   |   |   | 125,000 |   |
| Subscription receivable                                |   |          | 12,000  |     |   |       | 120     |          |    | —       |     |   | 99,880    |   |        | 8,000         |   |   | — |   |   | — |   |   |   | — |   |   |   | 108,000 |   |
| Share issued for intangible assets                     |   |          | 15,000  |     |   |       | 150     |          |    | —       |     |   | 124,850   |   |        | —       |   |   | — |   |   | — |   |   |   | — |   |   |   | 125,000 |   |
| Balance at December 31, 1999                           |   |          | 282,022 |     |   |       | 2,820   |          |    | —       |     |   | 507,180   |   |        | 10,000        |   |   | (14,130 | ) |   | (670,518 | ) |   |   | — |   |   |   | (164,648 | ) |
| Net loss                                               |   |          | — |     |   |       | — |          |    | —       |     |   | —   |   |        | —       |   |   | — |   |   | (339,063 | ) |   |   | — |   |   |   | (339,063 | ) |
| Foreign currency translation adjustment                |   |          | — |     |   |       | — |          |    | —       |     |   | —   |   |        | —       |   |   | 18,885  |   |   | — |   |   |   | — |   |   |   | 18,885 |   |
| Shares issued for cash                                 |   |          | 21,600  |     |   |       | 216     |          |    | —       |     |   | 259,784   |   |        | —       |   |   | — |   |   | — |   |   |   | — |   |   |   | 260,000 |   |
| Shares issued for settlement of debt                   |   |          | 4,500   |     |   |       | 45      |          |    | —       |     |   | 174,955   |   |        | —       |   |   | — |   |   | — |   |   |   | — |   |   |   | 175,000 |   |
| Subscription receivable                                |   |          | 600     |     |   |       | 6       |          |    | —       |     |   | 9,994     |   |        | (200          | )      |   | — |   |   | — |   |   |   | — |   |   |   | 9,800 |   |
| Subscription received                                  |   |          | 30,000  |     |   |       | 300     |          |    | —       |     |   | 499,700   |   |        | (9,350        | )      |   | — |   |   | — |   |   |   | — |   |   |   | 490,650 |   |
| Stock option benefit                                   |   |          | — |     |   |       | — |          |    | —       |     |   | 14,235    |   |        | —       |   |   | — |   |   | — |   |   |   | — |   |   |   | 14,235 |   |
| Balance at December 31, 2000                           |   |          | 338,722 |     |   |       | 3,387   |          |    | —       |     |   | 1,465,848 |   |        | 450           |   |   | 4,755   |   |   | (1,009,581 | ) |   |   | — |   |   |   | 464,859 |   |
| Net loss                                               |   |          | — |     |   |       | — |          |    | —       |     |   | —   |   |        | —       |   |   | — |   |   | 375,621 |   |   |   | — |   |   |   | 375,621 |   |
| Foreign currency translation adjustment                |   |          | — |     |   |       | — |          |    | —       |     |   | —   |   |        | —       |   |   | 13,629  |   |   | — |   |   |   | — |   |   |   | 13,629 |   |
| Shares issued for cash                                 |   |          | 300     |     |   |       | 3       |          |    | —       |     |   | 2,247     |   |        | —       |   |   | — |   |   | — |   |   |   | — |   |   |   | 2,250 |   |
| Subscription received                                  |   |          | — |     |   |       | — |          |    | —       |     |   | —   |   |        | 200           |   |   | — |   |   | — |   |   |   | — |   |   |   | 200 |   |
| Stock option benefit                                   |   |          | — |     |   |       | — |          |    | —       |     |   | 118,920   |   |        | —       |   |   | — |   |   | — |   |   |   | — |   |   |   | 118,920 |   |
| Repurchase of common stock for treasury                |   |          | — |     |   |       | — |          |    | (270          | )        |   | (6,611    | )      |        | —       |   |   | — |   |   | — |   |   |   | — |   |   |   | (6,881 | ) |
| Balance at December 31, 2001                           |   |          | 339,022 |     |   |       | 3,390   |          |    | (270          | )        |   | 1,580,404 |   |        | 650           |   |   | 18,384  |   |   | (633,960 | ) |   |   | — |   |   |   | 968,598 |   |
| Net loss                                               |   |          | — |     |   |       | — |          |    | —       |     |   | —   |   |        | —       |   |   |    |   |   | (63,864 | ) |   |   | — |   |   |   | (63,864 | ) |
| Foreign currency translation adjustment                |   |          | — |     |   |       | — |          |    | —       |     |   | —   |   |        | —  |   |   | (1,155  | ) |   | —  |   |   |   | — |   |   |   | (1,155 | ) |
| Shares issued for cash                                 |   |          | 4,500   |     |   |       | 45      |          |    | —       |     |   | 33,705    |   |        | —       |   |   | — |   |   | — |   |   |   | — |   |   |   | 33,750 |   |
| Balance at December 31, 2002                           |   |          | 343,522 |     |   | $          | 3,435   |          | $       | (270          | )        | $      | 1,614,109 |   | $           | 650           |   | $      | 17,229  |   | $ | (697,824 | ) |   | $ | — |   |   | $ | 937,329 |   |

----

|                                                                         |   |          |          |   |     |   |          |    |   |   |          |   |   |          |          |   |        |   |          |        |   |   | Deficit       |   |   |   |          |
|------------------------------------------------------------------------------|--------|---------------|---------------|--------|----------|--------|---------------|---------|--------|--------|---------------|--------|--------|---------------|---------------|--------|-------------|--------|---------------|-------------|--------|--------|---------------|--------|--------|--------|---------------|
|                                                                         |   |          |          |   |     |   |          |    |   |   |          |   |   |          |          |   | Accumulated |   |          |        |   |   | Accumulated   |   |   |   |          |
|                                                                         |   |          |          |   |     |   |          |    |   |   | Additional    |   |   |          |          |   | Other       |   |          |        |   |   | During the    |   |   |   |          |
|                                                                         |   | Common Shares |          |   | Treasury |   |          | Paid-in |   |   | Subscriptions |   |   | Comprehensive |          |   |        |   |          | Development |   |   |          |   |
|                                                                         |   | Number        |          |   | Amount   |   |          | Stock   |   |   | Capital       |   |   | Received      |          |   | Income      |   |          | Deficit     |   |   | Stage         |   |   | Total  |          |
| Balance at December 31, 2002                                                 |   |          | 343,522       |   |     |   | 3,435         |    |   |   | (270          | )      |   |          | 1,614,109     |   |        |   | 650           |        |   |   | 17,229        |   |   |   | (697,824      | ) |   |   | — |   |   |   | 937,329 |   |
| Net loss                                                                     |   |          | —       |   |     |   | —       |    |   |   | —       |   |   |          | —       |   |        |   | —       |        |   |   | —       |   |   |   | (607,630      | ) |   |   | — |   |   |   | (607,630 | ) |
| Foreign currency translation adjustment                                      |   |          | —       |   |     |   | —       |    |   |   | —       |   |   |          | —       |   |        |   | —       |        |   |   | 1,752         |   |   |   | —       |   |   |   | — |   |   |   | 1,752 |   |
| Stock option benefit                                                         |   |          | —       |   |     |   | —       |    |   |   | —       |   |   |          | 11,800        |   |        |   |          |        |   |   | —       |   |   |   | —       |   |   |   | — |   |   |   | 11,800 |   |
| Cancellation of agreement                                                    |   |          | —       |   |     |   | —       |    |   |   | —       |   |   |          | —  |   |        |   | (650          | )           |   |   | —       |   |   |   | —       |   |   |   | — |   |   |   | (650 | ) |
| Share issues for cash on exercise of options                                 |   |          | 12,000        |   |     |   | 120           |    |   |   | —       |   |   |          | 11,880        |   |        |   | —       |        |   |   | —       |   |   |   | —       |   |   |   | — |   |   |   | 12,000 |   |
| Share issues for consulting services                                         |   |          | 45,000        |   |     |   | 450           |    |   |   | —       |   |   |          | 49,675        |   |        |   | —       |        |   |   | —       |   |   |   | —       |   |   |   | — |   |   |   | 50,125 |   |
| Share issues for intangible assets                                           |   |          | 60,000        |   |     |   | 600           |    |   |   | —       |   |   |          | 104,400       |   |        |   | —       |        |   |   | —       |   |   |   | —       |   |   |   | — |   |   |   | 105,000 |   |
| Share issued for software                                                    |   |          | 60,000        |   |     |   | 600           |    |   |   | —       |   |   |          | 53,400        |   |        |   | —       |        |   |   | —       |   |   |   | —       |   |   |   | — |   |   |   | 54,000 |   |
| Balance at December 31, 2003                                                 |   |          | 520,522       |   |     |   | 5,205         |    |   |   | (270          | )      |   |          | 1,845,264     |   |        |   | —       |        |   |   | 18,981        |   |   |   | (1,305,454    | ) |   |   | — |   |   |   | 563,726 |   |
| Net loss                                                                     |   |          | —       |   |     |   | —       |    |   |   | —       |   |   |          | —       |   |        |   | —       |        |   |   | —       |   |   |   | —       |   |   |   | (795,364 | ) |   |   | (795,364 | ) |
| Foreign currency translation adjustment                                      |   |          | —       |   |     |   | —       |    |   |   | —       |   |   |          | —       |   |        |   | —       |        |   |   | (238          | )      |   |   | —       |   |   |   | — |   |   |   | (238 | ) |
| Stock-based compensation                                                     |   |          | —       |   |     |   | —       |    |   |   | —       |   |   |          | 4,460         |   |        |   | —       |        |   |   | —       |   |   |   | —       |   |   |   | — |   |   |   | 4,460 |   |
| Shares issued for cash on exercise of options                                |   |          | 1,000         |   |     |   | 10            |    |   |   | —       |   |   |          | 990           |   |        |   | —       |        |   |   | —       |   |   |   | —       |   |   |   | — |   |   |   | 1,000 |   |
| Share issued for debt                                                        |   |          | 140,000       |   |     |   | 1,400         |    |   |   | —       |   |   |          | 68,600        |   |        |   | —       |        |   |   | —       |   |   |   | —       |   |   |   | — |   |   |   | 70,000 |   |
| Share issued for consulting services                                    |   |          | 2,000         |   |     |   | 20            |    |   |   | —       |   |   |          | 980           |   |        |   | —       |        |   |   | —       |   |   |   | —       |   |   |   | — |   |   |   | 1,000 |   |
| Balance at December 31, 2004                                                 |   |          | 663,522       |   |     |   | 6,635         |    |   |   | (270          | )      |   |          | 1,920,294     |   |        |   | —       |        |   |   | 18,743        |   |   |   | (1,305,454    | ) |   |   | (795,364 | ) |   |   | (155,416 | ) |
| Net loss                                                                     |   |          | —       |   |     |   | —       |    |   |   | —       |   |   |          | —       |   |        |   | —       |        |   |   | —       |   |   |   | —       |   |   |   | (54,416 | ) |   |   | (54,416 | ) |
| Foreign currency translation adjustment                                      |   |          | —       |   |     |   | —       |    |   |   | —       |   |   |          | —       |   |        |   | —       |        |   |   | (702          | )      |   |   | —       |   |   |   | — |   |   |   | (702 | ) |
| Share issues for consulting services                                         |   |          | 18,000        |   |     |   | 180           |    |   |   | —       |   |   |          | 8,820         |   |        |   | —       |        |   |   | —       |   |   |   | —       |   |   |   | — |   |   |   | 9,000 |   |
| Balance at December 31, 2005                                                 |   |          | 681,522       |   |     |   | 6,815         |    |   |   | (270          | )      |   |          | 1,929,114     |   |        |   | —       |        |   |   | 18,041        |   |   |   | (1,305,454    | ) |   |   | (849,780 | ) |   |   | (201,534 | ) |
| Net loss                                                                     |   |          | —       |   |     |   | —       |    |   |   | —       |   |   |          | —       |   |        |   | —       |        |   |   | —       |   |   |   | —       |   |   |   | (36,575 | ) |   |   | (36,575 | ) |
| Foreign currency translation adjustment                                      |   |          | —       |   |     |   | —       |    |   |   | —       |   |   |          | —       |   |        |   | —       |        |   |   | 563           |   |   |   | —       |   |   |   | — |   |   |   | 563 |   |
| Share issues for debt                                                        |   |          | 50,000        |   |     |   | 500           |    |   |   | —       |   |   |          | 24,500        |   |        |   | —       |        |   |   | —       |   |   |   | —       |   |   |   | — |   |   |   | 25,000 |   |
| Balance at December 31, 2006                                                 |   |          | 731,522       |   |     |   | 7,315         |    |   |   | (270          | )      |   |          | 1,953,614     |   |        |   | —       |        |   |   | 18,604        |   |   |   | (1,305,454    | ) |   |   | (886,355 | ) |   |   | (212,546 | ) |
| Net loss                                                                     |   |          | —       |   |     |   | —       |    |   |   | —       |   |   |          | —       |   |        |   | —       |        |   |   | —       |   |   |   | —       |   |   |   | (170,950 | ) |   |   | (170,950 | ) |
| Discount on notes payable                                                    |   |          | —       |   |     |   | —       |    |   |   | —       |   |   |          | 20,573        |   |        |   | —       |        |   |   | —       |   |   |   | —       |   |   |   | — |   |   |   | 20,573 |   |
| Foreign currency translation adjustment                                      |   |          | —       |   |     |   | —       |    |   |   | —       |   |   |          | —       |   |        |   | —       |        |   |   | (13,391       | )      |   |   | —       |   |   |   | — |   |   |   | (13,391 | ) |
| Balance at December 31, 2007                                                 |   |          | 731,522       |   |     |   | 7,315         |    |   |   | (270          | )      |   |          | 1,974,187     |   |        |   | —       |        |   |   | 5,213         |   |   |   | (1,305,454    | ) |   |   | (1,057,305 | ) |   |   | (376,314 | ) |
| Issuance of new shares                                                       |   |          | 284,637       |   |     |   | 2,846         |    |   |   |  — |   |   |          | 267,559       |   |        |   | —       |        |   |   | —  |   |   |   | —  |   |   |   | —  |   |   |   | 270,405 |   |
| Cancellation of shares                                                       |   |          | (20,504       | )      |     |   | (205          | )  |   |   | 270           |   |   |          | (65           | )      |        |   | —       |        |   |   |  — |   |   |   | —  |   |   |   | —  |   |   |   | — |   |
| Services assumed by majority stockholder                                     |   |          | —  |   |     |   |  — |    |   |   |  — |   |   |          | 32,000        |   |        |   | —  |        |   |   | —  |   |   |   | —  |   |   |   | —  |   |   |   | 32,000 |   |
| Change in par value of common share from $0.01 per share to $0.001 per share |   |          |  — |   |     |   | (8,960        | )       |   |   |  — |   |   |          | 8,960         |   |        |   | —  |        |   |   | —  |   |   |   |  — |   |   |   | —  |   |   |   | —  |   |
| Net income                                                                   |   |          | —       |   |     |   | —       |    |   |   | —       |   |   |          | —       |   |        |   | —       |        |   |   | —       |   |   |   | —       |   |   |   | 79,122 |   |   |   | 79,122 |   |
| Foreign currency translation adjustment                                      |   |          | —       |   |     |   | —       |    |   |   | —       |   |   |          | —       |   |        |   | —       |        |   |   | (5,213        | )      |   |   | —       |   |   |   | —  |   |   |   | (5,213 | ) |
| Balance at December 31, 2008 (audited)                                       |   |          | 995,655       |   |     |   | 996           |    |   |   | —       |   |   |          | 2,282,641     |   |        |   | —  |        |   |   | —  |   |   |   | (1,305,454    | ) |   |   | (978,183 | ) |   |   | — |   |
| Services assumed by majority stockholder                                     |   |          | —  |   |     |   | —  |    |   |   | —  |   |   |          | 28,004        |   |        |   | —  |        |   |   | —  |   |   |   | —  |   |   |   | —  |    |   |   | 28,004 |   |
| Stock-based compensation                                                |   |          |          |   |     |   |          |    |   |   |          |   |   |          | 24,020        |   |        |   |          |        |   |   |          |   |   |   |          |   |   |   |   |   |   |   | 24,020 |   |
| Net Loss                                                                     |   |          | —  |   |     |   | —  |    |   |   | —  |   |   |          | —  |   |        |   | —  |        |   |   | —  |   |   |   | —  |   |   |   | (52,024 | ) |   |   | (52,024 | ) |
| Balance at December 31, 2009 (audited)                                       |   |          | 995,655       |   |     |   | 996           |    |   |   | —       |   |   |          | 2,334,665     |   |        |   | —  |        |   |   | —  |   |   |   | (1,305,454    | ) |   |   | (1,030,207 | ) |   |   | — |   |
| Services assumed by majority stockholder                                     |   |          | —  |   |     |   | —  |    |   |   | —  |   |   |          | 25,198        |   |        |   | —  |        |   |   | —  |   |   |   | —  |   |   |   | —  |    |   |   | 25,198 |   |
| Net Loss                                                                     |   |          | —  |   |     |   | —  |    |   |   | —  |   |   |          | —  |   |        |   | —  |        |   |   | —  |   |   |   | —  |   |   |   | (25,198 | ) |   |   | (25,198 | ) |
| Balance at December 31, 2010 (audited)                                       |   |          | 995,655       |   |     |   | 996           |    |   |   | —       |   |   |          | 2,359,863     |   |        |   | —  |        |   |   | —  |   |   |   | (1,305,454    | ) |   |   | (1,055,405 | ) |   |   | — |   |
| Services assumed by majority stockholder                                     |   |          | —  |   |     |   | —  |    |   |   | —  |   |   |          | 2,000         |   |        |   | —       |        |   |   | —  |   |   |   | —  |   |   |   | —  |    |   |   | 2,000 |   |
| Shares subscribed for security                                               |   |          | —       |   |     |   | —       |    |   |   | —       |   |   |          | 476,088       |   |        |   | 1,192         |        |   |   | —       |   |   |   | —       |   |   |   | — |   |   |   | 478,000 |   |
| Net Loss                                                                     |   |          | —  |   |     |   | —  |    |   |   | —  |   |   |          | —  |   |        |   | —  |        |   |   | —  |   |   |   | —  |   |   |   | (8,750) |   |   |   | (8,750) |   |
| Balance at June 30, 2011 (Unaudited)                                         |   |          | 995,655       |   |     | $      | 996           |    |   | $      | —       |   |   | $             | 2,837,951     |   |        | $      | 1,192         |        |   | $      | —       |   |   | $      | (1,305,454)   |   |   | $ | (1,064,155) |   |   | $ | (471,250) |   |

----

| Note 1 | Interim Financial Statements |
|--------|------------------------------|

| Note 2  | Nature of Business and Going Concern Assumption |
|--------------|-------------------------------------------------|

----

| Note 3 | Summary of Significant Accounting Policies |
|--------|--------------------------------------------|

|   | a) | Basis of Presentation |
|--------|----|-----------------------|

|   | b) | Use of Estimates |
|--------|----|------------------|

|   | c) | Other Comprehensive Income |
|--------|----|----------------------------|

|   | d) | Income Taxes |
|--------|----|--------------|

----

|   | e) | Stock-Based Compensation |
|--------|----|--------------------------|

| Issuance Date |   | Expected volatility |    |   | Risk-free rate |   |   | Expected term (years) |   |   | Dividend yield |   |
|--------------------|--------|--------------------------|---------|--------|---------------------|--------|--------|---------------------------------|--------|--------|---------------------|--------|
| December 16, 2009  |   |                     | 204.70% |   |                |   | 0.11%  |                            |   |   | 3                   |   |   |   | 0.00% |   |

|   | f) | Recent Accounting Pronouncements |
|--------|----|----------------------------------|

----

----

| Note 4 | Related Party Transactions |
|--------|----------------------------|

| Note 5 | Supplemental Cash Flow Information |
|--------|------------------------------------|

|                                            |   | Six months endedJune 30, |    |   | January 1, 2004(Date of Inception theDevelopment stage) to June 30, |   |
|-------------------------------------------------|--------|--------------------------|---------|--------|---------------------------------------------------------------------|--------|
| Cash paid for:                                  |   | 2011                     |    |   | 2010                                                                |   |   | 2011 |   |
| Interest                                        |   | $                        | — |   |                                                                | $      | — |   |   | $ | — |   |
| Income taxes (recovery)                         |   | $                        | — |   |                                                                | $      | — |   |   | $ | (3,934 | ) |
|                                            |   |                     |    |   |                                                                |   |   |   |   |   |   |   |
| Common shares issued to settle notes payable    |   | $                        | — |   |                                                                | $      | — |   |   | $ | 295,405 |   |
| Expenses assumed by principal stockholders |   | $                        | 4,000   |   |                                                                | $      | 8,000 |   |   | $ | 106,508 |   |

----

| Note 6 | Discontinued Operations |
|--------|-------------------------|

| Proceeds                                                                      |   | $      | 1      |   |
|-------------------------------------------------------------------------------|--------|--------|--------|--------|
| Liabilities assumed by purchaser of Casino Marketing S.A. as of April 1, 2008 |   |   | 8,169  |   |
| Liabilities assumed by purchaser of 564448 BC Ltd. as of April 1, 2008        |   |   | 70,267 |   |
|                                                                          |   |   |   |   |
| Gain on sale of discontinued operations                                       |   | $      | 78,437 |   |

| Note 7 | Termination of agreement |
|--------|--------------------------|

| Note 8 | Earnings per share |
|--------|--------------------|

----

----

----

----

| Exhibit Number |   | Description                                                                                                 |
|----------------|--------|-------------------------------------------------------------------------------------------------------------|
| 10.1           |   | Reg S shares subscription agreement between the Company and Viking Investment Group LLC dated June 29, 2011 |
|           |   |                                                                                                        |
| 10.2           |   | Calculation of fair price for shares exchange                                                               |
|           |   |                                                                                                        |
| 31.1           |   | Rule 13a-14(a)/15d-14(a) Certification of Chief Executive Officer and Chief Financial Officer               |
|           |   |                                                                                                        |
| 32.1           |   | Certificate of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350       |

|                  | SINOCUBATE, INC. (Registrant) |                               |
|-----------------------|-------------------------------|------------------------------------|
|                  |                          |                               |   |
| Date: August 11, 2011 | By:                           | /s/ Tom Simeo                      |   |
|                  |                          | Tom Simeo                          |   |
|                  |                          | Chief Executive Officer, Treasurer |   |
|                  |                          | Director and Secretary             |   |

----