SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

            QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                  FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2004

                            Commission File # 0-33473

                                  MOLIRIS CORP.
                            D/B/A ADVANTAGE PACKAGING
        (Exact name of small business issuer as specified in its charter)

                                     FLORIDA
         (State or other jurisdiction of incorporation or organization)

                                  06-165569506
                      (IRS Employer Identification Number)

                       3221 COLLINGSWORTH STREET, SUITE140
                             FORT WORTH, TEXAS 76107
               (Address of principal executive offices)(Zip Code)

                                 (817) 335-5900
                (Registrant's telephone no., including area code)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 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 |_|

The number of shares outstanding of the Company's common stock outstanding on
August 11, 2004: 8,135,000

<PAGE>

                                  MOLIRIS CORP.
                            D/B/A ADVANTAGE PACKAGING
                                   FORM 10-QSB

Table of Contents

PART  I  -  FINANCIAL  INFORMATION

Item  1  -  Financial  Statements

Item  2  -  Management's  Discussion  and Analysis of Financial
            Condition and Results of Operations

Item  3  -  Controls and Procedures

PART II  -  OTHER INFORMATION

Item  1 -   Legal Proceedings

Item  2 -    Changes in Securities

Item  3 -    Defaults upon Senior Securities

Item  4 -    Submission of Matters to a Vote of Security Holders

Item  5 -    Other Information

Item  6  -  Exhibits and Reports on  Form  8-K

SIGNATURES

<PAGE>

                         PART I - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

Filed herewith are our following unaudited financial statements:

Balance Sheet at June 30, 2004

Statements of Operations for the three and six months ended June 30, 2004 and
2003

Statements of Changes in Stockholders' Deficiency for the six months ended June
30, 2004

Statements of Cash Flows for the six months ended June 30, 2004 and 2003

Notes to Financial Statements

                                       1
<PAGE>

                                  MOLIRIS CORP.
                            D/B/A ADVANTAGE PACKAGING
                                  BALANCE SHEET
                                  June 30, 2004

ASSETS
Cash and cash equivalents                                           $        --
Accounts receivable, net of $35,150 allowance                           128,083
Inventories                                                              32,945
Other current assets                                                    127,635
Due from Factor                                                          13,096
                                                                    -----------
TOTAL CURRENT ASSETS                                                    301,760

Property and equipment - net                                             74,026
                                                                    -----------

TOTAL ASSETS                                                        $   375,785
                                                                    ===========

LIABILITIES AND STOCKHOLDERS DEFICIENCY
LIABILITIES
Bank overdrafts                                                     $    19,923
Accounts payable                                                        503,676
Due to Factor                                                            56,231
Due to Related Party                                                    170,703
Guarantee of bank note payable in default                               137,196
Note payable in default                                                   8,130
Current portion of long-term debt                                        38,150
Accrued expenses                                                         66,696
                                                                    -----------
TOTAL CURRENT LIABILITIES                                             1,000,704

Long-term debt, net of current portion                                  218,113
                                                                    -----------
TOTAL LONG-TERM LIABILITIES                                             218,113
                                                                    -----------

TOTAL LIABILITIES                                                     1,218,818

COMMITMENTS AND CONTINGENCIES                                                --

STOCKHOLDERS' DEFICIENCY
Common stock, $0.01 par value, 50,000,000 shares authorized:
Issued - 8,135,000 issued and outstanding                                 8,135

Additional paid in capital                                              393,264

Accumulated deficit                                                  (1,244,432)
                                                                    -----------

TOTAL STOCKHOLDERS' DEFICIENCY                                         (843,032)
                                                                    -----------

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICENCY                       $   375,785
                                                                    ===========

    The accompanying notes are an integral part of the financial statements.

                                       2
<PAGE>

                                  MOLIRIS CORP.
                            D/B/A ADVANTAGE PACKAGING
                            STATEMENTS OF OPERATIONS

<TABLE>
<CAPTION>
                                                THREE MONTHS ENDED              SIX MONTHS ENDED
                                                 June 30, 2004                   JUNE 30, 2004
                                             2004            2003             2004             2003
                                            ---------       ---------       ---------       ---------
<S>                                         <C>             <C>             <C>             <C>
REVENUES                                    $ 303,202       $ 271,112       $ 637,178       $ 540,884
COST OF SALES                                 107,526         189,390         388,234         301,562
                                            ---------       ---------       ---------       ---------
GROSS PROFIT                                  195,676          81,722         248,944         239,323

OPERATING EXPENSES:
Salaries, wages and commissions               250,987          49,735         319,300         214,759
Selling, general and administrative           122,843          42,154         200,164          74,960
Rent                                           43,943           4,328          74,753          51,936
Depreciation                                    9,045           5,104          19,066          10,209
                                            ---------       ---------       ---------       ---------
TOTAL OPERATING EXPENSES                      426,817         101,322         613,283         351,865

LOSS FROM OPERATIONS                         (231,142)        (19,600)       (364,339)       (112,542)

OTHER EXPENSE:
Interest expense - net                         (3,832)         (1,993)         (7,138)         (3,651)
                                            ---------       ---------       ---------       ---------
TOTAL OTHER EXPENSE                            (3,832)         (1,993)         (7,138)         (3,651)
                                            ---------       ---------       ---------       ---------
NET LOSS                                    $(234,974)      $ (21,593)      $(371,477)      $(116,193)
                                            =========       =========       =========       =========
NET LOSS PER SHARE - BASIC AND DILUTED      $   (0.03)      $   (0.00)      $   (0.05)      $   (0.02)
                                            =========       =========       =========       =========
</TABLE>

    The accompanying notes are an integral part of the financial statements.

                                       3
<PAGE>

                                  MOLIRIS CORP.
                            D/B/A ADVANTAGE PACKAGING
                STATEMENT OF CHANGES IN STOCKHOLDERS' DEFICIENCY
                         SIX MONTHS ENDED JUNE 30, 2004

<TABLE>
<CAPTION>
                                                          Common Stock
                                                          ------------               Additional         Total
                                                             Shares                    Paid In        Accumulated      Stockholders'
                                                     Issued           Amount           Capital         Deficit          Deficiency
                                                     ---------      -----------      -----------      -----------       -----------
<S>                  <C> <C>                         <C>            <C>              <C>              <C>               <C>
BALANCE AT  DECEMBER 31, 2003                        8,135,000      $     8,135      $   392,264      $  (872,955)      $  (472,556)

     Capital contribution from majority owner               --               --            1,000                              1,000
     Net loss, six months ended June 30, 2004               --               --               --         (371,477)         (371,477)
                                                     ---------      -----------      -----------      -----------       -----------
BALANCE AT  JUNE 30, 2004                            8,135,000      $     8,135      $   393,264      $(1,244,431)      $  (843,032)
                                                     =========      ===========      ===========      ===========       ===========
</TABLE>

    The accompanying notes are an integral part of the financial statements.

                                       4
<PAGE>

                                  MOLIRIS CORP.
                            D/B/A ADVANTAGE PACKAGING
                            STATEMENTS OF CASH FLOWS

<TABLE>
<CAPTION>
                                                                         Six months ended June 30,
                                                                           2004            2003
                                                                         ---------       ---------
<S>                                                                      <C>             <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss                                                                 $(371,477)      $(116,193)
Adjustments to reconcile net loss to net cash provided by (used in)
operating activities:
   Depreciation                                                             19,066          10,209
   Changes in operating assets and liabilities:
      Increase in accounts receivable                                      (13,162)        (27,497)
      Increase in inventories                                                  884          27,869
      Increase in other current assets                                    (123,742)        (59,463)
      Increase in bank overdrafts                                           19,923              --
      Increase in accounts payable                                         274,486         114,882
      Increase in due to related party                                     142,854              --
      Increase (decrease) in accrued expenses                               63,289          (2,615)
                                                                         ---------       ---------
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES                         12,120         (52,810)

CASH FLOW FROM INVESTING ACTIVITIES
Purchase of property and equipment                                         (36,441)             --
                                                                         ---------       ---------
NET CASH USED IN INVESTING ACTIVITIES                                      (36,441)             --

CASH FLOWS FROM FINANCING ACTIVITIES
Capital contribution by majority owner                                       1,000          65,287
Principal repayment on short-term borrowings                                (4,783)         (2,442)
Repayments from factor financing, net                                       (1,613)        (14,208)
Proceeds from long-term borrowings                                          34,041              --
Principal repayment on long-term borrowings                                (10,739)         (7,910)
                                                                         ---------       ---------
NET CASH PROVIDED BY FINANCING ACTIVITIES                                   17,906          40,726

NET DECREASE IN CASH                                                     $  (6,415)      $ (12,083)
CASH AT BEGINNING OF PERIOD                                                  6,415           3,582
                                                                         ---------       ---------
CASH AT END OF PERIOD                                                    $       0       $  (8,501)

CASH INTEREST PAID                                                       $   7,143       $      --
                                                                         =========       =========

SUPPLEMENTAL DISCLOSURE OF NON-CASH TRANSACTIONS:                                               --
Assumption of accounts payable from majority owner                       $      --       $ 476,578
                                                                         =========       =========
</TABLE>

    The accompanying notes are an integral part of the financial statements.

                                       5
<PAGE>

                                  MOLIRIS CORP.
                            D/B/A ADVANTAGE PACKAGING
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2004

1.    HISTORY AND NATURE OF BUSINESS

      Moliris Corp., D/B/A Advantage Packaging ("Moliris", "the Company", "we",
"us") is a manufacturing company that specializes in custom corrugated
containers. We have a full service plant facility manufacturing several styles
and sizes of quality corrugated containers with a reputation of dependable and
timely service for our customers. We started business in March of 1986 and were
incorporated in Texas in May of 1988.

2.    GOING CONCERN

      We have incurred net losses in prior years and this has resulted in a
significant accumulated deficit and stockholders' deficiency at June 30, 2004.
We had net losses of $371,477 for the six months ended June 30, 2004 and
$116,193 for the six months ended June 30, 2003. At June 30, 2004, our current
liabilities exceeded our current assets by $698,945, our stockholders'
deficiency was $843,032, and we had an accumulated deficit of $1,244,432.

      The time required for us to become profitable is highly uncertain, and we
cannot assure you that we will achieve or sustain profitability or generate
sufficient cash flow from operations to meet our planned capital expenditures,
working capital and debt service requirements.

      If required, our ability to obtain additional financing from other sources
also depends on many factors beyond our control, including the state of the
capital markets and the prospects for our business. The necessary additional
financing may not be available to us or may be available only on terms that
would result in further dilution to the current owners of our common stock.

      We have substantial short-term and long-term debt obligations. As of June
30, 2004, we had approximately $401,589 of gross debt outstanding.

      Our substantial debt obligations pose risks to our business and
stockholders by: o making it more difficult for us to satisfy our obligations;

      o     requiring us to dedicate a substantial portion of our cash flow to
            principal and interest payments on our debt obligations, thereby
            reducing the availability of our cash flow to fund working capital,
            capital expenditures and other corporate requirements;

      o     impeding us from obtaining additional financing in the future for
            working capital, capital expenditures and general corporate
            purposes; and

      o     making us more vulnerable to a downturn in our business and limit
            our flexibility to plan for, or react to, changes in our business.

      The Company has not made required monthly payments under two bank
promissory notes since March 2004 and has received a notice of default from the
lender accelerating the indebtedness and a demand for payment in full of both
notes. As of the date of these financial statements, the lender has not
proceeded with any actions available including a security interest in equipment
owned by the Company (See Short-Term Debt Note 9).

      We cannot assure you that we will generate sufficient cash flow from
operations or obtain additional financing to meet scheduled debt payments and
financial covenants. If we fail to make any required payment under the
agreements and related documents governing our indebtedness or fail to comply
with the financial and operating covenants contained in them, we would be in
default. The financial statements do not include any adjustments to reflect the
possible effects on recoverability and classification of assets or the amounts
and classification of liabilities which may result from the inability of the
Company to continue as a going concern.

      The Company believes that sufficient operating, management and financial
resources have been made available to the Company in order to turnaround the
financial performance of the Company. However, there can be no assurance that
these transactions will improve the performance of the Company from recent prior
results.


                                       6
<PAGE>

3.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

BASIS OF PRESENTATION

      The accompanying unaudited consolidated financial statements have been
prepared in accordance with accounting principles generally accepted in the
United States of America of America and the rules and regulations of the United
States of America Securities and Exchange Commission for interim consolidated
financial information. Accordingly, they do not include all the information and
footnotes necessary for a comprehensive presentation of consolidated financial
position and results of operations.

      It is management's opinion, however, that all material adjustments
(consisting of normal recurring adjustments) have been made which are necessary
for a fair financial statement presentation. The results for the interim period
are not necessarily indicative of the results to be expected for the year.

      For further information, refer to the audited financial statements and
footnotes of the Company for the year ending December 31, 2003 included in the
Company's Form 10-KSB.

ACCOUNTING ESTIMATES

      When preparing financial statements in conformity with U.S. GAAP, our
management must make estimates based on future events which affect the reported
amounts of assets and liabilities, the disclosure of contingent assets and
liabilities as of the date of the financial statements, and revenues and
expenses during the reporting period. Actual results could differ from these
estimates. Significant estimates in the accompanying financial statements
includes the allowance for doubtful accounts, valuation of inventories,
realizability of deferred tax assets and valuation of the guarantee of a note
payable.

CASH AND CASH EQUIVALENTS

      Cash and cash equivalents include all highly liquid investments with a
maturity date of three months or less when purchased.

ACCOUNTS RECEIVABLE

      Accounts receivable result from the sale of the Company's products and is
reported at anticipated realizable value. The Company estimates its allowance
for doubtful accounts based on a specific identification basis and additional
allowances as needed based upon historical collections experience. Accounts
receivable is considered past due if payment has not been received from the
customer within thirty days and management reviews the customer accounts on a
routine basis to determine if an account should be charged off.

INVENTORIES

      Inventories are stated at the lower of cost or market on a first-in first
out basis. There is a risk that we will forecast demand for our products and
market conditions incorrectly and accumulate excess inventories. Therefore,
there can be no assurance that we will not accumulate excess inventory and incur
inventory charges at the lower of cost or market in the future.

PROPERTY AND EQUIPMENT

      Property and equipment is recorded at cost and depreciated over its
estimated useful life, which range from five to seven years, using the
double-declining balance accelerated method.

ACCOUNTING FOR THE IMPAIRMENT OF LONG-LIVED ASSETS

      We account for the impairment of long-lived assets in accordance with
Financial Accounting Standards, SFAS No. 144, Accounting for the Impairment or
Disposal of Long-Lived Assets, which requires that long-lived assets be reviewed
for impairment whenever events or changes in circumstances indicate that the
book value of the asset may not be recoverable. Recoverability of the asset is
measured by comparison of its carrying amount to the undiscounted cash flow that
the asset or asset group is expected to generate. If such assets or asset groups
are considered to be impaired, the loss recognized is the amount by which the
carrying amount of the property if any, exceeds its fair market value. Based on
our impairment analysis, we have not recorded any impairment charges during the
six months ended June 30, 2004 and 2003.


                                       7
<PAGE>

FAIR VALUE OF FINANCIAL INSTRUMENTS

      We define the fair value of a financial instrument as the amount at which
the instrument could be exchanged in a current transaction between willing
parties. The carrying value of accounts receivable, accounts payable and accrued
liabilities approximates fair value because of the short maturity of those
instruments. The estimated fair value of our long-term obligations is estimated
based on the current rates offered to us for similar maturities. Based on
prevailing interest rates and the short-term maturity of the majority of our
indebtedness, management believes that the fair value of notes payable and the
guarantee of notes payable approximates book value at June 30, 2004.

ENVIRONMENTAL MATTERS

      Our operations are subject to evolving federal, state and local
environmental laws and regulations related to the discharge of materials into
the environment. Our process is not expected to produce harmful levels of
emissions or waste by-products. However, these laws and regulations would
require us to remove or mitigate the environmental effects of the disposal or
release of substances at our site should they occur. Compliance with such laws
and regulations can be costly. Additionally, governmental authorities may
enforce the laws and regulations with a variety of civil and criminal
enforcement measures, including monetary penalties and remediation requirements.
We are not aware of any area of non-compliance with federal, state or local
environmental laws and regulations.

SHIPPING AND HANDLING COSTS

      Shipping and handling costs that are billed to customers are included in
revenues recognized by the Company and the expense is classified as cost of
sales.

REVENUE RECOGNITION

      The Company recognizes revenues in accordance with the guidance in the
Securities and Exchange Commission Staff Accounting Bulletin 104. Revenue is
recognized when persuasive evidence of an arrangement exists, title passes to
the customer, typically upon delivery, and when collection of the fixed or
determinable selling price is reasonable assured.

INCOME TAXES

      Income taxes are accounted for under the asset and liability method of
Statement of Financial Accounting Standards No. 109, "Accounting for Income
Taxes ("SFAS 109")." Under SFAS 109, deferred tax assets and liabilities are
recognized for the future tax consequences attributable to differences between
the financial statement carrying amounts of existing assets and liabilities and
their respective tax bases. Deferred tax assets and liabilities are measured
using enacted tax rates expected to apply to taxable income in the years in
which those temporary differences are expected to be recovered or settled. Under
SFAS 109, the effect on deferred tax assets and liabilities of a change in tax
rates is recognized in income in the period that includes the enactment date.


                                       8
<PAGE>

LOSS PER COMMON SHARE

      Basic earnings per share is computed only on the weighted average number
of common shares outstanding during the respective periods. There were no
additional common stock equivalents or other items to adjust the numerator or
denominator in the EPS computations.

      The following table summarizes the numerator and denominator elements of
the basic EPS computations.

<TABLE>
<CAPTION>
                                              THREE MONTHS ENDED                         SIX MONTHS ENDED
                                                   JUNE 30,                                  JUNE 30,
                                           2004                2003                 2004                  2003
                                       -------------       -------------       -------------       -------------
<S>                                    <C>                 <C>                 <C>                 <C>
Net loss, as reported                  $     234,973       $      21,593       $     371,477       $     116,193
                                       =============       =============       =============       =============
Weighted average number of common
shares outstanding (denominator)
                                           8,135,000           7,000,000           8,135,000           7,000,000
                                       -------------       -------------       -------------       -------------
Net loss per share                     ($        .03)      ($        .00)      ($        .05)      ($        .02)
                                       =============       =============       =============       =============
</TABLE>

ACCUMULATED OTHER COMPREHENSIVE INCOME

      As of the date of these Consolidated Financial Statements, we had no
components of other comprehensive income as defined by Statement of Financial
Accounting Standards No. 130.

NEW ACCOUNTING STANDARDS

      In January 2003, the FASB issued FASB Interpretation No. 46 (FIN 46),
"Consolidation of Variable Interest Entities, an interpretation of ARB No. 51,"
which as an interpretation defines when and who consolidates a "variable
interest entity," or "VIE." This new consolidation model applies to entities (i)
where the equity investors (if any) do not have a controlling financial
interest, or (ii) whose equity investment at risk is insufficient to finance
that entity's activities without receiving additional subordinated financial
support from other parties and requires additional disclosures for all
enterprises involved with the VIE. FIN 46 is effective during 2003 depending on
when the VIE is created. We do not believe that the adoption of FIN 46 will have
a significant impact on our financial position and results of operations.

      In May 2003, the FASB issued SFAS No. 149; Amendment of Statement 133 on
Derivative Instruments and Hedging Activities ("SFAS 149") which provides for
certain changes in the accounting treatment of derivative contracts. SFAS 149 is
effective for contracts entered into or modified after June 30, 2003, except for
certain provisions that relate to SFAS No. 133 Implementation Issues that have
been effective for fiscal quarters that began prior to June 15, 2003, which
should continue to be applied in accordance with their respective effective
dates. The guidance should be applied prospectively. The adoption of SFAS 149
did not have a material impact on the Company's financial position, results of
operations or liquidity.

      In May 2003, the Financial Accounting Standards Board issued SFAS No. 150
(SFAS 150), "Accounting for Certain Financial Instruments with Characteristics
of Both Liabilities and Equity." It establishes standards for how an issuer
classifies and measures certain financial instruments with characteristics of
both liabilities and equity. This standard is effective for financial
instruments entered into or modified after May 31, 2003, and otherwise is
effective at the beginning of the first interim period beginning after June 15,
2003. The adoption of FAS 150 did not have a significant impact on our financial
position and results of operations.

4.    ASSUMPTION OF LIABILITIES AND CONTRIBUTED CAPITAL

      On February 1, 2003, the sole owner of 100% of the issued and outstanding
stock of HH Corrugated, Inc. ("HH"), a predecessor corporation, executed an
Agreement of Purchase and Sale with Sterling Equity Corp. ("Sterling") whereby
Sterling would purchase seventy-five percent (75%) of HH for a purchase price of
$150,000. The terms included $10,000 payable upon execution of the agreement and
a promissory note in the amount of $140,000, payable $2,500 per month for 12
months. Additionally, Sterling agreed to the assumption and responsibility of
$476,577 of HH's obligations, the indemnification of the sole owner's personal
guarantee's under all existing corporation obligations and the forgiveness of a
loan to the sole owner, in the amount of $30,388. Accordingly, the $30,388 loan
was written off as bad debt at December 31, 2002. (See October 28, 2003 Asset
Purchase Agreement described below.) Additionally, Sterling has provided $89,718
of capital contributions to HH as of June 30, 2004. Both the $476,577 assumption
of liabilities and the $89,718 capital contribution have been recorded as
additional paid in capital in the accompanying financial statements as of June
30, 2004.


                                       9
<PAGE>

      The purchase price was a negotiated amount between buyer and seller and
took into account the predecessor corporation' business prospects, the location
and condition of the assets, obligations assumed, forgiveness of shareholder
loans and that there was no established market price for the stock of the
company.

5.    RECAPITALIZATION

      On October 28, 2003 (the "Transaction Date"), the Company executed an
Asset Purchase Agreement with Moliris Corp. , an inactive company, ("Moliris")
whereby Moliris purchased certain tangible and intangible assets of the
business, and assumed certain liabilities for a purchase price of 4,000,000
common shares of Moliris. Moliris also agreed to the guarantee of all of HH's
obligations including a $150,000 bank line of credit and assumed responsibility
and payment for the Sterling promissory note discussed earlier above by issuing
a revised promissory note in the increased amount of $200,000 to the prior sole
owner of HH. As of the Transaction Date, $17,000 in payments had been made in
relation to the promissory note and the Company recorded a $183,000 liability
for the promissory note as of the Transaction Date. Subsequent to the
Transaction Date, $4,000 has been paid on the note resulting in a balance of
$179,000 at June 30, 2004. Moliris also executed a one year sublease agreement
for the existing office space of the Company. Finally, a three-year employment
agreement between the prior sole owner of HH and Moliris was executed whereby
the sole owner would serve in the capacity of President for an annual
compensation of $80,000 plus normal employment benefits and included a one year
non-compete from the employment date termination. The legality of the
transaction is contingent on the Company obtaining the approval of certain
creditors allowing for the sale and transfer of certain assets which
collateralized certain debt obligations. On May 29, 2003, the previous bank line
of credit of $150,000, which for financial accounting purposes is considered
assumed by HH, and of which $144,557 was outstanding and in default, was
restructured as a promissory note. Monthly payments of principal and interest in
the amount of $1,994 are required and the note matures on June 1, 2013. This
note is due on demand at the lenders option, secured by a first priority
security interest in equipment owned by the Company and is personally guaranteed
by the previous sole stockholder of the Company. At June 30, 2004, the balance
of the promissory note was $137,196.

      The Company has not made required monthly payments under the note since
March 2004 and has received a notice of default from the lender accelerating the
indebtedness and a demand for payment in full. As of the date of these financial
statements, the lender has not proceeded with any actions available including a
security interest in equipment owned by the Company.

      As a component of the recapitalization, the Company has determined that
Financial Accounting Interpretation 45 "Guarantor's Accounting and Disclosure
Requirements for Guarantees, Including Indirect Guarantees of Indebtedness of
Others," applies and has recorded a guarantee in the amount of $137,196 as a
liability at June 30, 2004 for the promissory note discussed above.

      The shareholders of Sterling had previously on May 1, 2003 agreed to
purchase a 73% controlling interest in Moliris. The transaction was consummated
contemporaneously with the asset acquisition in October 2003 described above.
Accordingly, the transaction was accounted for on the Transaction Date as a
recapitalization of the Company.


                                       10
<PAGE>

6.    INVENTORIES

          Inventories at June 30, 2004 consisted of the following:

         Raw materials ...........................................      $ 3,622
         Finished goods ..........................................       29,343
                                                                        -------
                                                                        $32,945

7.    SALE OF RECEIVABLES WITH RECOURSE

      The Company utilizes a receivables securitization program with a factoring
company to provide a cost-effective source of working capital and short-term
financing. Under the program, the Company sells, with recourse, certain of its
accounts receivable to a third party factoring company. The Company has adopted
the provisions of SFAS No. 140, "Accounting for Transfers and Servicing of
Financial Assets and Extinguishments of Liabilities, a replacement of FASB
statement No. 125," which was effective for transfers and servicing of financial
assets and extinguishments of liabilities after March 31, 2001. SFAS 140 revised
the standards for accounting for securitizations and other transfers of
financial assets and collateral. According to the criteria of SFAS No. 140, the
receivables securitization transactions for the Company have been accounted for
as a liability and, as a result, the related receivables sold and a
corresponding liability named "Due to Factor" are included in the accompanying
balance sheet until payment is received from the customer. The liability is
secured by the sold accounts receivable, intangibles, inventory and proceeds.
Under the details of the agreement, the finance company funds 80% of the
receivables securitized to the company less fees and expenses. The remaining 20%
is retained and remitted to the Company when payment is received from the
customer and is included under the caption "Due from Factor" in the accompanying
balance sheet.

      The Company has received proceeds from the sale of trade receivables
totaling $214,665 and $209,135 for the six months ended June 30, 2004 and 2003,
respectively. For the six months ended June 30, 2004 and 2003, the related fees
and discounting expense of $9,373 and $7,049, respectively, have been included
in "selling, general and administrative" in the accompanying Statements of
Operations. At June 30, 2004, $13,096 of accounts receivable was collateral
against the amount due to the factor.

8.    PROPERTY AND EQUIPMENT

Property and equipment at June 30, 2004 consisted of the following.

Auto and transportation equipment      $ 229,257
Machinery and equipment .........         91,102
                                       ---------
                                         320,359
Less: Accumulated depreciation ..       (246,333)
                                       ---------
                                       $  74,026

      Depreciation expense was $19,066 and $10,209 for the six months ended June
30, 2004 and 2003, respectively. Certain of the above property and equipment
serves as collateral for various loans - see Note 9.


                                       11
<PAGE>

9.    SHORT-TERM AND LONG-TERM DEBT

SHORT-TERM DEBT

Our short-term debt at June 30, 2004 consisted of the following:

<TABLE>
<CAPTION>
<S>                                                                              <C>
$144,557 Guarantee of bank note payable, bearing interest at 11.00% per annum,
  monthly principal and interest payments of $1,994 maturing on June 1, 2013 -
  in default at June 30, 2004                                                    $137,196

$28,429 note payable, dated May 10, 1996, bearing interest at 9.99% per annum,
  payable monthly with final payment due May 10, 2006 - in
  default at June 30, 2004                                                          8,130
                                                                                 --------
                                                                                 $145,326
                                                                                 ========
</TABLE>

      On May 29, 2003, our previous bank line of credit, of which $144,557 was
outstanding and in default, was restructured as a promissory note. Monthly
payments of principal and interest in the amount of $1,994 are required and the
note matures on June 1, 2013. This note is due on demand at the lenders option,
secured by a first priority security interest in equipment owned by the Company
and is personally guaranteed by the previous sole stockholder of the Company.

      As a component of the recapitalization, the Company has determined that
Financial Accounting Interpretation 45 "Guarantor's Accounting and Disclosure
Requirements for Guarantees, Including Indirect Guarantees of Indebtedness of
Others," applies and recorded a guarantee in the amount of $140,475 as a
liability at December 31, 2003 for the promissory note discussed above. The
Company has been making payments on this note as the guarantor, but has not
recorded the payments as a receivable from the predecessor company since
collection is not likely. Additionally, the Company would be obligated under the
guarantee for the outstanding balance of $137,196 if the primary debtor
defaults.

      The Company has not made required monthly payments under the note since
March 2004 and has received a notice of default from the lender accelerating the
indebtedness and a demand for payment in full. As of the date of these financial
statements, the lender has not proceeded with any actions available including a
security interest in equipment owned by the Company.

      On May 10, 1996, we issued to one lender a promissory note in the
principal amount of $28,429 at an interest rate equal to 9.99% per annum. The
proceeds of these loans were used for the purchase of a motor home. Monthly
payments of principal and interest in the amount of $376 are required and the
note matures on May 10, 2006. This note is secured by a first priority security
interest in the motor home.

      The Company has not made required monthly payments under the note since
March 2004 and has received a notice of default from the lender accelerating the
indebtedness and a demand for payment in full. As of the date of these financial
statements, the lender has not proceeded with any actions available including a
security interest in equipment owned by the Company.

      Accordingly, the entire outstanding balance of $8,130 has been
reclassified as a Short-Term Debt at June 30, 2004.


                                       12
<PAGE>


LONG-TERM DEBT

Our long-term debt at June 30, 2004 consisted of the following:

<TABLE>
<CAPTION>
<S>                                                                                    <C>
$32,265 note payable, dated Dec. 12, 2001, bearing interest at 5.9% per annum,
  payable monthly with final payment due Dec. 12, 2006                                 $  17,269

$35,017 note payable, dated Jun. 10, 2003, bearing zero interest per annum, payable
  monthly with final payment due Jun. 10, 2008                                            28,043

$34,041 note payable, dated Mar. 17, 2004, bearing interest at 3.9% per annum,
  payable monthly with final payment due Mar. 17, 2009                                    31,951

$200,000 note payable, dated Oct. 28, 2003, bearing interest at zero percent per
  annum, payable monthly with final payment due Sept. 1, 2008.                           179,000
                                                                                       ---------
                                                                                         256,263
Less current portion                                                                     (38,150)
                                                                                       ----------
                                                                                       $ 218,113
</TABLE>

      On December 12, 2001, we issued to one lender a promissory note in the
principal amount of $32,265 at an interest rate equal to 5.9% per annum. The
proceeds of this loan were used for the purchase of a Company vehicle. Monthly
payments of principal and interest in the amount of $624 are required and the
note matures on December 12, 2006. This note is secured by a first priority
security interest in the vehicle.

      On June 10, 2003, we issued to one lender a promissory note in the
principal amount of $35,017 at an interest rate equal to zero percent per annum.
The proceeds of this loan were used for the purchase of a Company vehicle.
Monthly payments of in the amount of $584 are required and the note matures on
June 10, 2008. This note is secured by a first priority security interest in the
vehicle. The Company has not made required monthly payments under the note since
March 2004 and has received a notice of default from the lender accelerating the
indebtedness and a demand for payment in full. As of the date of these financial
statements, the lender has not proceeded with any actions available including a
security interest in equipment owned by the Company.

      On March 17, 2004, we issued to one lender a promissory note in the
principal amount of $34,041 at an interest rate equal to 3.9% per annum. The
proceeds of this loan were used for the purchase of a Company vehicle. Monthly
payments of principal and interest in the amount of $625 are required and the
note matures on March 17, 2009. This note is secured by a first priority
security interest in the vehicle.

      On October 28, 2003, as a component of the recapitalization discussed in
Note 5, we recorded a $183,000 promissory note, net of $17,000 in payments
previously made to the former sole owner of HH. Subsequently, an additional
$4,000 has been paid on the note resulting in a balance of $179,000 at June 30,
2004. The promissory note is at zero interest per annum with monthly payments of
$2,000 through March of 2005 and $4,000 payments from April of 2005 through
September of 2008.

Maturities of Long-Term debt are as follows:

2005                                                    $  38,150
2006                                                       62,486
2007                                                       67,178
2008                                                       62,071
2009                                                       26,378
                                                       ----------
                                                        $ 256,263

10. STOCKHOLDERS' EQUITY

CAPITAL STRUCTURE

      We are authorized to issue up to 50,000,000 shares of our common stock,
$0.01 par value per share, of which 8,135,000 were issued and outstanding at
June 30, 2004.


                                       13
<PAGE>

11.   COMMITMENTS AND CONTINGENCIES

      From time to time we may become subject to proceedings, lawsuits and other
claims in the ordinary course of business including proceedings related to
environmental and other matters. Such matters are subject to many uncertainties,
and outcomes are not predictable with assurance.

      Central Texas Corrugated, LP ("Central") sued us on August 9, 2003, in the
District Court in McLennan County, Texas. The plaintiff's original petition
seeks an unspecified amount of damages on behalf of Central and alleges that we
breached the terms of alleged debt for paper purchases. The Company intends to
vigorously defend the case to determine the true amount owed and then seek an
out-of-court settlement. It is likely that the Company will reach a settlement
in the range estimated to be $45,000 to $47,000, but we cannot predict the
outcome of these proceedings. Included in the Balance Sheet at June 30, 2004 for
this account is $53,280.

      The County of Dallas, Texas sued us on December 5, 2003, in the District
Court of Dallas County, Texas. The plaintiff's original petition seeks $9,062 of
damages on behalf of the County and alleges that we did not pay the required
property taxes due. The Company intends to vigorously defend the case to
determine the true amount owed and then seek an out-of-court settlement. It is
likely that the Company will reach a settlement and pay a reduced amount, but we
cannot predict the outcome of these proceedings. Included in the Balance Sheet
at June 30, 2004 for this account is $9,062.

      Smurfit Stone Container Corporation (Smurfit") sued us on December 30,
2003, in the District Court in Dallas County, Texas. The plaintiff's original
petition seeks $43,110 of damages on behalf of Smurfit and alleges that we
breached the terms of alleged debt for paper purchases. The Company intends to
vigorously defend the case to determine the true amount owed and then seek an
out-of-court settlement. It is likely that the Company will reach a settlement
in the range estimated to be $30,000 to $35,000, but we cannot predict the
outcome of these proceedings. Included in the Balance Sheet at June 30, 2004 for
this account is $43,110.

      As discussed in the Assumption of Liabilities and Contributed Capital Note
4, Sterling assumed $476,577 of HH's liabilities and that amount was recorded as
contributed capital. However, if an issue would arise in relation to the
legality of the assumption of the liabilities by Sterling, the Company may have
a potential obligation for the liabilities.

      We have two non-cancelable operating lease agreements for office space.
There is no restriction on our activities concerning dividends, additional debt
or further leasing. Rental expense charged to continuing operations under
operating leases for the six months ended June 30, 2004 and 2003 was $74,753 and
$51,936, respectively.

12.   RELATED PARTY TRANSACTIONS

      At June 30, 2004, the Company has a liability for due to related parties
in the amount of $170,703. This is comprised of $3,274 to H-Wood Packaging,
$3,480 to Sterling Capital and $163,349 to Udata Corp. All three of these
entities are controlled by a director or former director of the Company.

      During the six months ended June 30, 2004, the Company advanced
approximately $107,000 of funds to the former President, who resigned on January
29, 2004. Additionally, the Company incurred approximately $20,000 of credit
card obligations for the former President and other parties that may be of a
personal nature during the same period. The Company has recorded these amounts
as a receivable and included in the Balance Sheet caption entitled Other Current
Assets at June 30, 2004. The former President is performing consulting services
for the Company and it is anticipated that a formal consulting agreement will be
completed in the near future and the $107,000 of funds advanced as discussed
above will be reclassed as consulting expense.


                                       14
<PAGE>

ITEM  2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
      OF OPERATIONS.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

The following is a discussion of our financial condition, results of operations,
liquidity and capital resources. This discussion should be read in conjunction
with our audited financial statements and the notes thereto included elsewhere
in this Form 10-QSB and with our annual report on Form 10-KSB for the year ended
December 31, 2003.

Some of the statements under "Description of Business," "Risk Factors,"
"Management's Discussion and Analysis or Plan of Operation," and elsewhere in
this Report and in the Company's periodic filings with the Securities and
Exchange Commission constitute forward-looking statements. These statements
involve known and unknown risks, significant uncertainties and other factors
what may cause actual results, levels of activity, performance or achievements
to be materially different from any future results, levels of activity,
performance or achievements expressed or implied by such forward- looking
statements. Such factors include, among other things, those listed under "Risk
Factors" and elsewhere in this Report.

In some cases, you can identify forward-looking statements by terminology such
as "may," "will," "should," "could," "intends," "expects," "plans,"
"anticipates," "believes," "estimates," "predicts," "potential" or "continue" or
the negative of such terms or other comparable terminology.

The forward-looking statements herein are based on current expectations that
involve a number of risks and uncertainties. Such forward-looking statements are
based on assumptions that the Company will obtain or have access to adequate
financing for each successive phase of its growth, that there will be no
material adverse competitive or technological change in condition of the
Company's business, that the Company's President and other significant employees
will remain employed as such by the Company, and that there will be no material
adverse change in the Company's operations, business or governmental regulation
affecting the Company. The foregoing assumptions are based on judgments with
respect to, among other things, further economic, competitive and market
conditions, and future business decisions, all of which are difficult or
impossible to predict accurately and many of which are beyond the Company's
control.

Although management believes that the expectations reflected in the
forward-looking statements are reasonable, management cannot guarantee future
results, levels of activity, performance or achievements. Moreover, neither
management nor any other persons assumes responsibility for the accuracy and
completeness of such statements.

GENERAL

Moliris Corp., D/B/A Advantage Packaging ("Moliris" or the "Company"), is a
reporting company under the federal securities laws and is a manufacturer of
specialized custom corrugated containers. We have a full service plant facility
manufacturing several styles and sizes of quality corrugated containers with a
reputation of dependable and timely service for our customers. We started
business in March of 1986 and were incorporated in Texas in May of 1988.

OVERVIEW OF COMPANY

Since its inception, the Company has suffered recurring losses from operations
and has not been able to provide sufficient cash resources to sustain its
operations. We have substantial current obligations and we have had and could
have losses, deficits and deficiencies in liquidity, which could impair our
ability to continue as a going concern. Our independent auditors have indicated
that certain factors raise substantial doubt about our ability to continue as a
going concern as of December 31, 2003. These factors are also discussed in Note
2 to our unaudited financial statements for the quarterly period ended June 30,
2004.


                                       15
<PAGE>

We have continually incurred net losses and this has resulted in a significant
accumulated deficit and stockholders' deficiency at June 30, 2004. We had a net
loss of $371,477 for the six months ended June 30, 2004 and a working capital
deficiency of $698,945, accumulated deficit of $1,244,432 and a stockholders'
deficiency of $843,032 at June 30, 2004. The ability of the Company to continue
as a going concern is dependent on the Company's ability to further implement
its business plan and generate sufficient revenues and cash flows. The financial
statements do not include any adjustments that might be necessary if the Company
is unable to continue as a going concern

The time required for us to become profitable is highly uncertain, and we cannot
assure you that we will achieve or sustain profitability or generate sufficient
cash flow from operations to meet our planned capital expenditures, working
capital and debt service requirements. If required, our ability to obtain
additional financing from other sources also depends on many factors beyond our
control, including the state of the capital markets and the prospects for our
business. The necessary additional financing may not be available to us or may
be available only on terms that would result in further dilution to the current
owners of our common stock.

RECENT DEVELOPMENTS

On January 29, 2004, Mr. Lindsey Vinson resigned his position as President and
Director of the Company and on the same date, Mr. Clyde Parks was appointed as
the new President. The open director position has not been filled and the
Company has not made a determination if and when the position will be filled.

The Company has not made required monthly payments under two bank promissory
notes since March 2004 and has received a notice of default from the lender
accelerating the indebtedness and a demand for payment in full. As of the date
of these financial statements, the lender has not proceeded with any actions
available including a security interest in equipment owned by the Company. One
of the notes was previously classified as Long-Term Debt and the entire
outstanding balance has been reclassified as Short-Term Debt at June 30, 2004.

CRITICAL ACCOUNTING ESTIMATES AND POLICIES

The methods, estimates and judgment we use in applying our most critical
accounting policies have a significant impact on the results we report in our
financial statements. The Securities and Exchange Commission has defined the
most critical accounting policies as the ones that are most important to the
portrayal of our financial condition and results, and require us to make our
most difficult and subjective judgments, often as a result of the need to make
estimates of matters that are inherently uncertain. Based upon this definition,
our most critical estimates include going concern, allowance for doubtful
accounts, valuation of inventories, realizability of deferred tax assets and
valuation of the guarantee of a note payable. We also have other key accounting
estimates and policies, but we believe that these other policies either do not
generally require us to make estimates and judgments that are as difficult or as
subjective, or it is less likely that they would have a material impact on our
reported results of operations for a given period. For additional information
see Note 3 "Summary of Significant Accounting Policies" in the notes to our
unaudited financial statements contained in our quarterly report on Form 10-QSB
for the quarterly period ended June 30, 2004. Although we believe that our
estimates and assumptions are reasonable, they are based upon information
presently available. Actual results may differ significantly from these
estimates.

GOING CONCERN

The independent auditors' reports to our financial statements for the year ended
December 31, 2003 and December 31, 2002, include an emphasis paragraph in
addition to their audit opinion stating that our recurring losses from
operations, cash flow used in operations, working capital deficiency and
stockholders' deficiency raise substantial doubt about our ability to continue
as a going concern. Our financial statements do not include any adjustments to
reflect the possible effects on recoverability and classification of assets or
the amounts and classification of liabilities that may result from our inability
to continue as a going concern.

ALLOWANCE FOR DOUBTFUL ACCOUNTS

Accounts receivable result from the sale of the Company's products and is
reported at anticipated realizable value. The Company estimates its allowance
for doubtful accounts based on a specific identification basis and additional
allowances as needed based upon historical collections experience. Accounts
receivable is considered past due if payment has not been received from the
customer within thirty days and management reviews the customer accounts on a
routine basis to determine if an account should be charged off.


                                       16
<PAGE>

VALUATION OF INVENTORIES

Inventories are stated at the lower of cost or market on a first-in first out
basis. There is a risk that we will forecast demand for our products and market
conditions incorrectly and accumulate excess inventories. Therefore, there can
be no assurance that we will not accumulate excess inventory and incur inventory
charges at the lower of cost or market in the future.

GUARANTEE OF NOTE PAYABLE

On October 28, 2003, the Company executed an Asset Purchase Agreement with
Moliris whereby Moliris would purchase certain tangible and intangible assets of
the business, and assume certain liabilities for a purchase price of 4,000,000
common shares of Moliris. Moliris also agreed to the guarantee of all of HH's
obligations including a $150,000 bank line of credit which was subsequently
converted to a bank loan payable. At December 31, 2003, the Company recorded an
estimated $140,475 liability for the fair value of the bank note payable
pursuant to FASB Interpretation No. 45. Subsequently, the Company has paid
$3,279 in principal payments resulting in a balance of $137,196 at June 30,
2004.

The Company has not made required monthly payments under two bank promissory
notes since March 2004 and has received a notice of default from the lender
accelerating the indebtedness and a demand for payment in full. As of the date
of these financial statements, the lender has not proceeded with any actions
available including a security interest in equipment owned by the Company.


                                       17
<PAGE>

RESULTS OF OPERATIONS

FINANCIAL ANALYSIS OF THE THREE AND SIX MONTHS ENDED JUNE 30, 2004 AND 2003

<TABLE>
<CAPTION>
                                            THREE MONTHS ENDED                SIX MONTHS ENDED
                                               June 30, 2004                   JUNE 30, 2004
                                           2004            2003             2004             2003
                                         ---------       ---------       ---------       ---------
<S>                                      <C>             <C>             <C>             <C>
REVENUES                                 $ 303,202       $ 271,112       $ 637,178       $ 540,884
COST OF SALES                              107,526         189,390         388,234         301,562
                                         ---------       ---------       ---------       ---------
GROSS PROFIT                               195,676          81,722         248,944         239,323

OPERATING EXPENSES:
Salaries, wages and commissions            250,987          49,735         319,300         214,759
Selling, general and administrative        122,843          42,154         200,164          74,960
Rent                                        43,943           4,328          74,753          51,936
Depreciation                                 9,045           5,104          19,066          10,209
                                         ---------       ---------       ---------       ---------
TOTAL OPERATING EXPENSES                   426,817         101,322         613,283         351,865

LOSS FROM OPERATIONS                      (231,142)        (19,600)       (364,339)       (112,542)

OTHER EXPENSE:
Interest expense - net                      (3,832)         (1,993)         (7,138)         (3,651)
                                         ---------       ---------       ---------       ---------
TOTAL OTHER EXPENSE                         (3,832)         (1,993)         (7,138)         (3,651)
                                         ---------       ---------       ---------       ---------

NET LOSS                                 $(234,974)      $ (21,593)      $(371,477)      $(116,193)
                                         =========       =========       =========       =========
</TABLE>

THREE MONTHS ENDED JUNE 30, 2004 AND 2003

Revenue:
Operating revenue increased $32,090, or 12%, to $333,976 for the three months
ended June 30, 2004 from $271,112 for the three months ended June 30, 2003. The
increase was primarily the result of the fact that in 2003, two significant
product salesmen left the Company and several key customers of the Company took
their business with them, resulting in a significant loss of business in 2003 as
compared to 2004. Previously, other income was classified as a component of
other expense and has been reclassified consistently to revenue.

Cost of Sales:
Cost of sales decreased $81,863, or 43%, to $107,526 for the three months ended
June 30, 2004 from $189,390 for the three months ended June 30, 2003. The
decrease was directly attributable to the increase in revenue discussed above.

Operating Expenses:
Operating expenses increased $325,496 or 1,589% to $426,817 for the three months
ended June 30, 2004 from $101,322 for the three months ended June 30, 2003. The
increase was primarily the result of an $80,688 increase in general and
administrative expense and a $201,252 increase in salaries, wages and
commissions. These increases reflect the fact that the Company has refocused its
business efforts in 2004 to counter the loss of certain customers in 2003 as
discussed above.

Other Income (Expense):
Other expense, net increased $1,839, or 92% to $3,832 of expense for the three
months ended June 30, 2004 from $1,993 of expense for the three months ended
June 30, 2003. The increase was the result of an increase in interest expense.
Previously, other income was included as a component of this category and has
been reclassed consistently to revenue.


                                       18
<PAGE>

SIX MONTHS ENDED JUNE 30, 2004 AND 2003

Revenue:
Operating revenue increased $96,294, or 18%, to $637,178 for the six months
ended June 30, 2004 from $540,884 for the six months ended June 30, 2003. The
increase was primarily the result of the fact that in 2003, two significant
product salesmen left the Company and several key customers of the Company took
their business with them, resulting in a significant loss of business in 2003 as
compared to 2004. Previously, other income was classified as a component of
other expense and has been reclassified consistently to revenue.

Cost of Sales:
Cost of sales increased $86,673, or 29%, to $388,234 for the six months ended
June 30, 2004 from $301,562 for the six months ended June 30, 2003. The increase
was directly attributable to the increase in revenue discussed above.

Operating Expenses:
Operating expenses increased $261,418, or 346% to $613,283 for the six months
ended June 30, 2004 from $351,865 for the six months ended June 30, 2003. The
increase was primarily the result of a $104,450 increase in salaries, wages and
commissions and a $125,203 increase in general and administrative expense. These
increases reflect the fact that the Company has refocused its business efforts
in 2004 to counter the loss of certain customers in 2003 as discussed above.

Other Expense:
Other expense increased $3,486, or 95% to $7,138 of expense for the six months
ended June 30, 2004 from $3,651 of expense for the six months ended June 30,
2003. The increase was the result of an increase in interest expense.
Previously, other income was included as a component of this category and has
been reclassed consistently to revenue.

LIQUIDITY AND CAPITAL RESOURCES

Cash and cash equivalents were $0 at June 30, 2004 as compared to $6,415 at
December 31, 2003, and working capital deficit was $698,945 at June 30, 2004 as
compared to $327,785 at December 31, 2003. The decrease in cash was primarily
the result of the Company having a significantly greater net loss during the six
months ended June 30, 2004 as compared to 2003. The increase in the working
capital deficit from December 31, 2003 was primarily the result of an increase
in accounts payable, due to related party and accrued expenses.

Operating Activities: Net cash provided by operating activities was $12,120 for
the six months ended June 30, 2004 while cash that was used in operating
activities was $52,810 for the six months ended June 30, 2003. The increase in
cash provided by operations resulted primarily due to the fact of increases in
accounts payable, due to related party and accrued expenses.

Investing Activities: Cash used in investing activities was $36,441 for the six
months ended June 30, 2004, while there were no investing cash flow activities
during the same period in 2003. The increase in cash used in investing
activities was from the purchase of property and equipment.

Financing Activities: Cash provided by financing activities was $17,906 for the
six months ended June 30, 2004 as compared to $40,726 cash provided by financing
activities during the six months ended June 30, 2003. The decrease in cash
provided by financing activities was primarily the result that in 2003, a
$65,287 capital contribution was made by the majority owner as compared to only
$1,000 in 2004.


                                       19
<PAGE>

SHORT-TERM DEBT

Our short-term debt at June 30, 2004 consisted of the following:
<TABLE>
<CAPTION>
<S>                                                                             <C>
$144,557 Guarantee of bank note payable, bearing interest at 11.00% per annum,
  monthly principal and interest payments of $1,994 maturing on June 1, 2013 -
  in default at June 30, 2004                                                   $137,196

$28,429 note payable, dated May 10, 1996, bearing interest at 9.99% per annum,
  payable monthly with final payment due May 10, 2006 - in
  default at June 30, 2004                                                         8,130
                                                                                ---------
                                                                                $145,326
</TABLE>

      On May 29, 2003, our previous bank line of credit, of which $144,557 was
outstanding and in default, was restructured as a promissory note. Monthly
payments of principal and interest in the amount of $1,994 are required and the
note matures on June 1, 2013. This note is due on demand at the lenders option,
secured by a first priority security interest in equipment owned by the Company
and is personally guaranteed by the previous sole stockholder of the Company.

      As a component of the recapitalization, the Company has determined that
Financial Accounting Interpretation 45 "Guarantor's Accounting and Disclosure
Requirements for Guarantees, Including Indirect Guarantees of Indebtedness of
Others," applies and recorded a guarantee in the amount of $140,475 as a
liability at December 31, 2003 for the promissory note discussed above. The
Company has been making payments on this note as the guarantor, but has not
recorded the payments as a receivable from the predecessor company since
collection is not likely. Additionally, the Company would be obligated under the
guarantee for the outstanding balance of $137,196 if the primary debtor
defaults.


      The Company has not made required monthly payments under the note since
March 2004 and has received a notice of default from the lender accelerating the
indebtedness and a demand for payment in full. As of the date of these financial
statements, the lender has not proceeded with any actions available including a
security interest in equipment owned by the Company.

      On May 10, 1996, we issued to one lender a promissory note in the
principal amount of $28,429 at an interest rate equal to 9.99% per annum. The
proceeds of these loans were used for the purchase of a motor home. Monthly
payments of principal and interest in the amount of $376 are required and the
note matures on May 10, 2006. This note is secured by a first priority security
interest in the motor home.

      The Company has not made required monthly payments under the note since
March 2004 and has received a notice of default from the lender accelerating the
indebtedness and a demand for payment in full. As of the date of these financial
statements, the lender has not proceeded with any actions available including a
security interest in equipment owned by the Company.

      Accordingly, the entire outstanding balance of $8,130 has been
reclassified as a Short-Term Debt at June 30, 2004.


                                       20
<PAGE>

LONG-TERM DEBT

Our long-term debt at June 30, 2004 consisted of the following:

<TABLE>
<CAPTION>
<S>                                                                                    <C>
$32,265 note payable, dated Dec. 12, 2001, bearing interest at 5.9% per annum,
  payable monthly with final payment due Dec. 12, 2006                                 $ 17,269

$35,017 note payable, dated Jun. 10, 2003, bearing zero interest per annum, payable
  monthly with final payment due Jun. 10, 2008                                           28,043

$34,041 note payable, dated Mar. 17, 2004, bearing interest at 3.9% per annum,
  payable monthly with final payment due Mar. 17, 2009                                   31,951

$200,000 note payable, dated Oct. 28, 2003, bearing interest at zero percent per
  annum, payable monthly with final payment due Sept. 1, 2008.                          179,000
                                                                                      ---------
                                                                                        256,263
Less current portion                                                                    (38,150)
                                                                                      ---------
                                                                                       $218,113
                                                                                       ========
</TABLE>

      On December 12, 2001, we issued to one lender a promissory note in the
principal amount of $32,265 at an interest rate equal to 5.9% per annum. The
proceeds of this loan were used for the purchase of a Company vehicle. Monthly
payments of principal and interest in the amount of $624 are required and the
note matures on December 12, 2006. This note is secured by a first priority
security interest in the vehicle.

      On June 10, 2003, we issued to one lender a promissory note in the
principal amount of $35,017 at an interest rate equal to zero percent per annum.
The proceeds of this loan were used for the purchase of a Company vehicle.
Monthly payments of in the amount of $584 are required and the note matures on
June 10, 2008. This note is secured by a first priority security interest in the
vehicle. The Company has not made required monthly payments under the note since
March 2004 and has received a notice of default from the lender accelerating the
indebtedness and a demand for payment in full. As of the date of these financial
statements, the lender has not proceeded with any actions available including a
security interest in equipment owned by the Company.

      On March 17, 2004, we issued to one lender a promissory note in the
principal amount of $34,041 at an interest rate equal to 3.9% per annum. The
proceeds of this loan were used for the purchase of a Company vehicle. Monthly
payments of principal and interest in the amount of $625 are required and the
note matures on March 17, 2009. This note is secured by a first priority
security interest in the vehicle.

      On October 28, 2003, as a component of the recapitalization discussed in
Note 5, we recorded a $183,000 promissory note, net of $17,000 in payments
previously made to the former sole owner of HH. Subsequently, an additional
$4,000 has been paid on the note resulting in a balance of $179,000 at June 30,
2004. The promissory note is at zero interest per annum with monthly payments of
$2,000 through March of 2005 and $4,000 payments from April of 2005 through
September of 2008.

Maturities of Long-Term debt are as follows:

2005                                                               $  38,150
2006                                                                  62,486
2007                                                                  67,178
2008                                                                  62,071
2009                                                                  26,378
                                                                    --------
                                                                    $256,263

EQUITY FINANCING

None


                                       21
<PAGE>

LIQUIDITY

The time required for us to become profitable is highly uncertain, and we cannot
assure you that we will achieve or sustain profitability or generate sufficient
cash flow from operations to meet our planned capital expenditures, working
capital and debt service requirements. If required, our ability to obtain
additional financing from other sources also depends on many factors beyond our
control, including the state of the capital markets and the prospects for our
business. The necessary additional financing may not be available to us or may
be available only on terms that would result in further dilution to the current
owners of our common stock.

Our ability to obtain additional financing depends on many factors beyond our
control, including the state of the capital markets, the market price of our
common stock, the prospects for our business and the approval by our
stockholders of an amendment to our certificate of incorporation increasing the
number of shares of common stock we are authorized to issue. The necessary
additional financing may not be available to us or may be available only on
terms that would result in further dilution to the current owners of our common
stock. Failure to obtain commitments for interim financing and subsequent
project financing, would have a material adverse effect on our business, results
of operations and financial condition. If the financing we require to sustain
our working capital needs is unavailable or insufficient or we do not receive
the necessary financing, we may be unable to continue as a going concern.

CONTRACTUAL OBLIGATIONS AND COMMERCIAL COMMITMENTS

The following table highlights, as of June 30, 2004, our contractual obligations
and commitments by type and period:

<TABLE>
<CAPTION>
                                                                   PAYMENTS DUE BY PERIOD
                                                                   ----------------------
                                                         LESS THAN 1
                                                         -----------
CONTRACTUAL OBLIGATIONS                      TOTAL            YEAR             1-3 YEARS         4-5 YEARS          AFTER 5 YEARS
-----------------------                -------------      -------------      -------------      -------------      -------------
<S>                                    <C>                <C>                <C>                <C>                <C>
Short-Term Debt:

Guarantee of Bank Note Payable         $     137,196      $     137,196                 --                 --                 --

Note Payable                                   8,130              8,130
Current portion of Long-Term Debt             38,150             38,150                 --                 --                 --
                                       -------------      -------------      -------------      -------------      -------------

Total Short-Term Debt                        183,476            183,476      $          --                 --                 --
                                       =============      =============      =============      =============      =============

Long-Term Debt:
Notes Payable                                218,113                 --      $     191,735      $      26,378                 --
                                       -------------      -------------      -------------      -------------      -------------

Total Long-Term Debt

Total Debt                             $     401,589      $     183,476      $     191,735      $      26,378      $          --
                                       =============      =============      =============      =============      =============
</TABLE>

RECENT ACCOUNTING DEVELOPMENTS

In January 2003, the FASB issued FASB Interpretation No. 46 (FIN 46),
"Consolidation of Variable Interest Entities, an interpretation of ARB No. 51,"
which as an interpretation defines when and who consolidates a "variable
interest entity," or "VIE." This new consolidation model applies to entities (i)
where the equity investors (if any) do not have a controlling financial
interest, or (ii) whose equity investment at risk is insufficient to finance
that entity's activities without receiving additional subordinated financial
support from other parties and requires additional disclosures for all
enterprises involved with the VIE. FIN 46 is effective during 2003 depending on
when the VIE is created. We do not believe that the adoption of FIN 46 will have
a significant impact on our financial position and results of operations.

In May 2003, the FASB issued SFAS No. 149; Amendment of Statement 133 on
Derivative Instruments and Hedging Activities ("SFAS 149") which provides for
certain changes in the accounting treatment of derivative contracts. SFAS 149 is
effective for contracts entered into or modified after June 30, 2003, except for
certain provisions that relate to SFAS No. 133 Implementation Issues that have
been effective for fiscal quarters that began prior to June 15, 2003, which
should continue to be applied in accordance with their respective effective
dates. The guidance should be applied prospectively. The adoption of SFAS 149
did not have a material impact on the Company's financial position, results of
operations or liquidity.

In May 2003, the Financial Accounting Standards Board issued SFAS No. 150 (SFAS
150), "Accounting for Certain Financial Instruments with Characteristics of Both
Liabilities and Equity." It establishes standards for how an issuer classifies
and measures certain financial instruments with characteristics of both
liabilities and equity. This standard is effective for financial instruments
entered into or modified after May 31, 2003, and otherwise is effective at the
beginning of the first interim period beginning after June 15, 2003. The
adoption of FAS 150 did not have a significant impact on our financial position
and results of operations.


                                       22
<PAGE>

2004 OUTLOOK

The time required for us to become profitable is highly uncertain, and we cannot
assure you that we will achieve or sustain profitability or generate sufficient
cash flow from operations to meet our planned capital expenditures, working
capital and debt service requirements. If required, our ability to obtain
additional financing from other sources also depends on many factors beyond our
control, including the state of the capital markets and the prospects for our
business. The necessary additional financing may not be available to us or may
be available only on terms that would result in further dilution to the current
owners of our common stock.

On February 1, 2003, the sole owner of 100% of the issued and outstanding stock
of a predecessor corporation executed an Agreement of Purchase and Sale with a
third party for seventy-five percent (75%) of the company. Additionally, on
October 28, 2003, the Company sold certain tangible and intangible assets to
another related party who also assumed certain liabilities of the Company.
Accordingly, the transaction was accounted for on the Transaction Date as a
recapitalization of the Company.

As a result of these transactions, the Company believes that sufficient
operating, management and financial resources have been made available to the
Company in order to turnaround the financial performance of the Company.
However, there can be no assurance that these transactions will improve the
performance of the Company from recent prior results.

Additionally, the Company has not made required monthly payments under two bank
promissory notes since March 2004 and has received a notice of default from the
lender accelerating the indebtedness and a demand for payment in full. As of the
date of these financial statements, the lender has not proceeded with any
actions available including a security interest in equipment owned by the
Company. One of the notes was previously classified as Long-Term Debt and the
entire outstanding balance has been reclassified as Short-Term Debt at June 30,
2004.

ITEM  3. EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES.

Clyde Parks, our Chief Executive Officer and Chief Financial Officer, has
concluded that our disclosure controls and procedures are appropriate and
effective. He has evaluated these controls and procedures as of the date of this
report on Form 10-QSB. There were no significant changes in our internal
controls or in other factors that could significantly affect these controls
subsequent to the date of their evaluation, including any corrective actions
with regard to significant deficiencies and material weaknesses.

                                     PART II

ITEM  1. LEGAL PROCEEDINGS

From time to time we may become subject to proceedings, lawsuits and other
claims in the ordinary course of business including proceedings related to
environmental and other matters. Such matters are subject to many uncertainties,
and outcomes are not predictable with assurance.

Central Texas Corrugated, LP ("Central") sued us on August 9, 2003, in the
District Court in McLennan County, Texas. The plaintiff's original petition
seeks an unspecified amount of damages on behalf of Central and alleges that we
breached the terms of alleged debt for paper purchases. The Company intends to
vigorously defend the case to determine the true amount owed and then seek an
out-of-court settlement. It is likely that the Company will reach a settlement
in the range estimated to be $45,000 to $47,000, but we cannot predict the
outcome of these proceedings. Included in the Balance Sheet at June 30, 2004 for
this account is $53,280.


                                       23
<PAGE>

The County of Dallas, Texas sued us on December 5, 2003, in the District Court
of Dallas County, Texas. The plaintiff's original petition seeks $9,062 of
damages on behalf of the County and alleges that we did not pay the required
property taxes due. The Company intends to vigorously defend the case to
determine the true amount owed and then seek an out-of-court settlement. It is
likely that the Company will reach a settlement and pay a reduced amount, but we
cannot predict the outcome of these proceedings. Included in the Balance Sheet
at June 30, 2004 for this accounts is $9,062.

Smurfit Stone Container Corporation (Smurfit") sued us on December 30, 2003, in
the District Court in Dallas County, Texas. The plaintiff's original petition
seeks $43,110 of damages on behalf of Smurfit and alleges that we breached the
terms of alleged debt for paper purchases. The Company intends to vigorously
defend the case to determine the true amount owed and then seek an out-of-court
settlement. It is likely that the Company will reach a settlement in the range
estimated to be $30,000 to $35,000, but we cannot predict the outcome of these
proceedings. Included in the Balance Sheet at June 30, 2004 for this account is
$43,110.

ITEM  2. CHANGES IN SECURITIES

None

ITEM  3. DEFAULTS UPON SENIOR SECURITIES

On May 29, 2003, our previous bank line of credit, of which $144,557 was
outstanding and in default, was restructured as a promissory note. Monthly
payments of principal and interest in the amount of $1,994 are required and the
note matures on June 1, 2013. This note is due on demand at the lenders option,
secured by a first priority security interest in equipment owned by the Company
and is personally guaranteed by the previous sole stockholder of the Company.


As a component of the recapitalization, the Company has determined that
Financial Accounting Interpretation 45 "Guarantor's Accounting and Disclosure
Requirements for Guarantees, Including Indirect Guarantees of Indebtedness of
Others," applies and recorded a guarantee in the amount of $140,475 as a
liability at December 31, 2003 for the promissory note discussed above. The
Company has been making payments on this note as the guarantor, but has not
recorded the payments as a receivable from the predecessor company since
collection is not likely. Additionally, the Company would be obligated under the
guarantee for the outstanding balance of $137,196 if the primary debtor
defaults.


The Company has not made required monthly payments under the note since March
2004 and has received a notice of default from the lender accelerating the
indebtedness and a demand for payment in full. As of the date of these financial
statements, the lender has not proceeded with any actions available including a
security interest in equipment owned by the Company.

On May 10, 1996, we issued to one lender a promissory note in the principal
amount of $28,429 at an interest rate equal to 9.99% per annum. The proceeds of
these loans were used for the purchase of a motor home. Monthly payments of
principal and interest in the amount of $376 are required and the note matures
on May 10, 2006. This note is secured by a first priority security interest in
the motor home.

The Company has not made required monthly payments under the note since March
2004 and has received a notice of default from the lender accelerating the
indebtedness and a demand for payment in full. As of the date of these financial
statements, the lender has not proceeded with any actions available including a
security interest in equipment owned by the Company.

Accordingly, the entire outstanding balance of $8,130 has been reclassified as a
Short-Term Debt at June 30, 2004.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS
None

ITEM 5. OTHER INFORMATION
None

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K


                                       24
<PAGE>

(a)     Exhibits

-------------- ----------------------------------------------------------------
Exhibit        Description
-------------- ----------------------------------------------------------------
31.1           Certification by Principal Executive Officer
-------------- ----------------------------------------------------------------
31.2           Certification of Principal Financial Officer
-------------- ----------------------------------------------------------------
32             Certifications of Principal Executive and Financial Officer
               Pursuant to 906
-------------- ----------------------------------------------------------------

(b) Reports on Form 8-K.

During the quarterly period ended June 30, 2004, the Company filed the following
reports on Form 8-K:

Date of Event Reported                                         Items Reported
----------------------                                         --------------
None                                                           None


                                       25
<PAGE>

                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
this report has been signed by the following persons on behalf of Moliris Corp.,
D/B/A Advantage Packaging, in the capacities and on the dates indicated.


NAME AND SIGNATURE          TITLE                            DATE

                            Principal Executive Officer,
--------------------------  Principal Financial Officer,
/s/ Clyde Parks             Sole Director                    August 20, 2004
--------------------------
Clyde Parks


                                       26