UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


Washington,
DC 20549





FORM
10-Q





x
            Quarterly
      Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of
      1934





For the
quarterly period ended April 30, 2010





 ̈
            Transition
      Report pursuant to 13 or 15(d) of the Securities Exchange Act of
      1934





For the
transition period from ___________ to ___________





Commission
File Number          000-50693





SUPERLATTICE
POWER, INC.


(Exact
name of Registrant as specified in its charter)





Nevada
                      
                      90-0314205(State or other jurisdiction of
                      
                      (IRS Employer Identification No.)incorporation or organization)





420
      N. Nellis Blvd., Suite A3-146Las
      Vegas, Nevada
                      
                      89110(Address
      of principal executive offices)
                      
                      (Postal
      or Zip
Code)





Issuer's
      telephone number, including area code:
              (702)
425-7376





Former
      name, former address and former fiscal year, if changed
    sincelast
      report)





Check  whether
the issuer (1) filed all reports  required to be filed by Section 13
or 15(d) of the  Exchange  Act during the past 12 months (or
for such shorter period that the registrant was required to file such
reports),  and (2) has been subject to such filing requirements for
the past 90 days. x
Yes  ̈
No




Indicate
by check mark whether the registrant has submitted electronically and posted on
its corporate Web site, if any, every Interactive Data File required to be
submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this
chapter) during the preceding 12 months (or for such shorter period that the
registrant was required to submit and post such
files).    Yes  ̈    No  ̈





Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, or a smaller reporting company.  (Check
One):





Large accelerated filer  ̈
            Accelerated filer  ̈Non-accelerated filer ̈
            Smaller reporting company x(Do
      not check if a smaller reporting
company)





Indicate
by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Exchange Act).   ̈ Yes   
x No





APPLICABLE
ONLY TO CORPORATE ISSUERS




The
number of shares outstanding the issuer's common stock, $.001 par value, was
345,000,000 as of June 1, 2010.








SUPERLATTICE
POWER, INC.





TABLE OF
CONTENTS




Page No.PART
      I. FINANCIAL INFORMATION
                    2ITEM
      I - Financial StatementsConsolidated
      Balance Sheets as of April 30,  2010 and July 31, 2009
      (Unaudited)
                    3Consolidated
      Statements of Operations for the Nine and Three Months Ended April 30,
      2010 and 2009 (Unaudited)
                    4Consolidated
      Statement of Stockholders Deficiency (Unaudited)
                    5Consolidated
      Statements of Cash Flows  for the Nine Months Ended April
      30,  2010 and 2009 (Unaudited)
                    6Notes
      to Unaudited Consolidated Financial Statements
                    7ITEM
      2 - Management's Discussion and Analysis of  Financial Condition
      and Results of  Operations.
                    14ITEM
      3 – Quantitative and Qualitative Disclosures About Market
    Risk
                    17ITEM
      4T– Controls and Procedures.
                    17PART
      II. OTHER INFORMATION
                    17ITEM
      6 - ExhibitsEXHIBIT
      31 - Certification pursuant to Section 302 of the Sarbanes- Oxley Act of
      2002EXHIBIT
      32 - Certification pursuant to Section 906 of the Sarbanes- Oxley Act of
      2002




1





PART I.
FINANCIAL INFORMATION





Item 1.
Financial Statements





Certain
information and footnote disclosures required under accounting principles
generally accepted in the United States of America have been condensed or
omitted from the following consolidated financial statements pursuant to the
rules and regulations of the Securities and Exchange Commission. It is suggested
that the following consolidated financial statements be read in conjunction with
the year-end consolidated financial statements and notes thereto included in the
Company's Annual Report on Form 10-K for the year ended July 31,
2009.





The
results of operations for the nine and three months ended April 30, 2010 and
2009 are not necessarily indicative of the results for the entire fiscal year or
for any other period.





2




SUPERLATTICE POWER, INC. AND SUBSIDIARIES


(A
DEVELOPMENT STAGE COMPANY)





BALANCE
SHEETS


(UNAUDITED)





April
      30,
                              
                              
                              July
      31,2010
                              
                              
                              2009ASSETSCurrent
      assets:Cash
      and cash equivalents
                              
                              $
                              83
                              
                              
                              $
                              191Accounts
      receivable, net of allowance for  doubtful accounts of $0 and
      $161,816
                              
                              
                              -
                              
                              
                              
                              -Prepaid
      expenses
                              
                              
                              3,314
                              
                              
                              
                              3,314Total
      current assets
                              
                              
                              3,397
                              
                              
                              
                              3,505Property
      and equipment, net
                              
                              
                              132,231
                              
                              
                              
                              141,261$
                              135,628
                              
                              
                              $
                              144,766LIABILITIES
      AND STOCKHOLDERS' DEFICIENCYCurrent
      liabilities:Accounts
      payable and accrued expenses
                              
                              $
                              1,007,516
                              
                              
                              $
                              654,810Due
      to related parties
                              
                              
                              5,087,134
                              
                              
                              
                              4,859,108Total
      current liabilities
                              
                              
                              6,094,650
                              
                              
                              
                              5,513,918Commitments
      and contingencies
                              
                              
                              -
                              
                              
                              
                              -Stockholders'
      deficiency:Preferred
      stock, $.001 par value, 10,000,000 shares authorized, 0 issued and
      outstanding
                              
                              
                              -
                              
                              
                              
                              -Common
      stock, $.001 par value, 750,000,000 shares authorized, 345,000,000 issued
      and outstanding at April 30, 2010 and 115,000,000 at  July 31,
      2009, respectively
                              
                              
                              345,000
                              
                              
                              
                              115,000Additional
      paid-in-capital
                              
                              
                              (211,082
                              )
                              
                              
                              18,918Accumulated
      deficit
                              
                              
                              (6,092,940
                              )
                              
                              
                              (5,503,070
                              )Total
      stockholders' deficiency
                              
                              
                              (5,959,022
                              )
                              
                              $
                              (5,369,152
                              )$
                              135,628
                              
                              
                              $
                              144,766





SEE
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS


3





SUPERLATTICE
POWER, INC. AND SUBSIDIARIES


(A
DEVELOPMENT STAGE COMPANY)





STATEMENTS
OF OPERATIONS


(UNAUDITED)





NINE
      MONTHS ENDED
                    
                    
                    THREE
      MONTHS ENDED
                    
                    
                    August
      1, 2008April
      30,
                    
                    
                    April
      30,
                    
                    
                    through2010
                    
                    
                    2009
                    
                    
                    2010
                    
                    
                    2009
                    
                    
                    April 30, 2010Sales
                    
                    $
                    -
                    
                    
                    $
                    -
                    
                    
                    $
                    -
                    
                    
                    $
                    -
                    
                    
                    $
                    -Costs
      and expenses:General
      and administrative
                    
                    
                    103,972
                    
                    
                    
                    174,787
                    
                    
                    
                    38,145
                    
                    
                    
                    36,544
                    
                    
                    
                    318,830Research
      and development
                    
                    
                    134,648
                    
                    
                    
                    156,234
                    
                    
                    
                    35,303
                    
                    
                    
                    53,190
                    
                    
                    
                    364,737238,620
                    
                    
                    
                    331,021
                    
                    
                    
                    73,448
                    
                    
                    
                    89,734
                    
                    
                    
                    683,568Loss
      from operations
                    
                    
                    (238,620
                    )
                    
                    
                    (331,021
                    )
                    
                    
                    (73,448
                    )
                    
                    
                    (89,734
                    )
                    
                    
                    (683,568
                    )Other
      income (expense):Interest
      income
                    
                    
                    -
                    
                    
                    
                    -
                    
                    
                    
                    -
                    
                    
                    
                    -
                    
                    
                    
                    -Interest
      expense
                    
                    
                    (351,250
                    )
                    
                    
                    (335,257
                    )
                    
                    
                    (117,570
                    )
                    
                    
                    (117,413
                    )
                    
                    
                    (804,749
                    )Net
      loss before provision for (benefit from) income taxes
                    
                    
                    (589,870
                    )
                    
                    
                    (666,278
                    )
                    
                    
                    (191,018
                    )
                    
                    
                    (207,147
                    )
                    
                    
                    (1,488,317
                    )Provision
      for (benefit from) income taxes
                    
                    
                    -
                    
                    
                    
                    -
                    
                    
                    
                    
                    
                    
                    
                    -
                    
                    
                    
                    -Net
      loss
                    
                    $
                    (589,870
                    )
                    
                    
                    (666,278
                    )
                    
                    $
                    (191,018
                    )
                    
                    $
                    (207,147
                    )
                    
                    $
                    (1,488,317
                    )Net
      loss per share - basic and diluted
                    
                    $
                    (0.00
                    )
                    
                    $
                    (0.01
                    )
                    
                    $
                    (0.00
                    )
                    
                    $
                    (0.00
                    )
                    
                    $
                    (0.00
                    )Weighted
      shares outstanding - basic and diluted
                    
                    
                    345,000,000
                    
                    
                    
                    115,000,000
                    
                    
                    
                    345,000,000
                    
                    
                    
                    115,000,000
                    
                    
                    
                    345,000,000





SEE
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS


4





SUPERLATTICE
POWER, INC. AND SUBSIDIARIES


(A
DEVELOPMENT STAGE COMPANY)





STATEMENT
OF STOCKHOLDERS' DEFICIENCY


(UNAUDITED)





AdditionalCommon
      Stock
                      
                      
                      Paid
      In
                      
                      
                      AccumulatedShares
                      
                      
                      Par value
                      
                      
                      Capital
                      
                      
                      Deficit
                      
                      
                      TotalBalance
      August 1, 2008
                      
                      
                      115,000,000
                      
                      
                      $
                      115,000
                      
                      
                      $
                      (84,107
                      )
                      
                      $
                      (4,604,623
                      )
                      
                      $
                      (4,573,730
                      )Contribution
      of machinery & equipment
                      
                      
                      -
                      
                      
                      
                      -
                      
                      
                      
                      103,025
                      
                      
                      
                      -
                      
                      
                      
                      103,025Net
      loss for the year ended July 31, 2009
                      
                      
                      -
                      
                      
                      
                      -
                      
                      
                      
                      -
                      
                      
                      
                      (898,447
                      )
                      
                      
                      (898,447
                      )Balance
      July 31, 2009
                      
                      
                      115,000,000
                      
                      
                      
                      115,000
                      
                      
                      
                      18,918
                      
                      
                      
                      (5,503,070
                      )
                      
                      
                      (5,369,152
                      )3:1
      forward stock split
                      
                      
                      230,000,000
                      
                      
                      
                      230,000
                      
                      
                      
                      (230,000
                      )
                      
                      
                      -
                      
                      
                      
                      -Net
      loss for the period ended April 30, 2010
                      
                      
                      -
                      
                      
                      
                      -
                      
                      
                      
                      -
                      
                      
                      
                      (589,870
                      )
                      
                      
                      (589,870
                      )Balance
      April 30, 2010
                      
                      
                      345,000,000
                      
                      
                      $
                      345,000
                      
                      
                      $
                      (211,082
                      )
                      
                      $
                      (6,092,940
                      )
                      
                      $
                      (5,959,022
                      )





SEE
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS




5


SUPERLATTICE POWER, INC. AND SUBSIDIARIES


(A
DEVELOPMENT STAGE COMPANY)





CONSOLIDATED
STATEMENT OF CASH FLOWS


(UNAUDITED)





NINE MONTHS ENDED
                    
                    
                    August 1, 2008April 30, 2010
                    
                    
                    through2010
                    
                    
                    2009
                    
                    
                    April 30, 2010Cash
      Flows from Operating ActivitiesNet
      loss
                    
                    
                    (589,870
                    )
                    
                    
                    (666,278
                    )
                    
                    $
                    (1,488,317
                    )Items
      not affecting cash flowsDepreciation
                    
                    
                    9,030
                    
                    
                    
                    19,336
                    
                    
                    
                    21,412Changes
      in operating assets and liabilities(Decrease)
      in prepaid expenses
                    
                    
                    -
                    
                    
                    
                    
                    
                    
                    
                    (3,314
                    )Increase
      in accounts payable and accrued expenses
                    
                    
                    352,706
                    
                    
                    
                    376,313
                    
                    
                    
                    843,255Net
      cash used in operating activities
                    
                    
                    (228,134
                    )
                    
                    
                    (270,629
                    )
                    
                    
                    (626,964
                    )Cash
      Flows from Investing ActivitiesPurchase
      of property and equipment
                    
                    
                    -
                    
                    
                    
                    (16,059
                    )
                    
                    
                    (17,015
                    )Net
      cash used in investing activities
                    
                    
                    -
                    
                    
                    
                    (16,059
                    )
                    
                    
                    (17,015
                    )Cash
      Flows from Financing ActivitiesAdvances
      from related parties
                    
                    
                    1,280,207
                    
                    
                    
                    252,740
                    
                    
                    
                    1,733,647Payments
      to related parties
                    
                    
                    (1,052,181
                    )
                    
                    
                    -
                    
                    
                    
                    (1,105,281
                    )Proceeds
      from debt
                    
                    
                    -
                    
                    
                    
                    19,060Net
      cash provided by financing activities
                    
                    
                    228,026
                    
                    
                    
                    271,800
                    
                    
                    
                    628,366Net
      increase (decrease) in cash and cash equivalents
                    
                    
                    (108
                    )
                    
                    
                    (14,888
                    )
                    
                    
                    (15,612
                    )Cash
      and cash equivalents at beginning of period
                    
                    
                    191
                    
                    
                    
                    15,695
                    
                    
                    
                    15,695Cash
      and cash equivalents at end of period
                    
                    $
                    83
                    
                    
                    $
                    807
                    
                    
                    $
                    83Supplemental
      information:Cash
      paid during the year for:Interest
      paid
                    
                    $
                    -
                    
                    
                    $
                    -
                    
                    
                    $
                    -Income
      taxes paid
                    
                    $
                    -
                    
                    
                    $
                    -
                    
                    
                    $
                    -Non-cash
      transactionsDonated
      Equipment
                    
                    $
                    -
                    
                    
                    $
                    103,025
                    
                    
                    $
                    103,025





SEE
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS


6





SUPERLATTICE
POWER, INC.


NOTES
TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS


April
30, 2010





Note
1. Financial statement presentation





Superlattice
Power, Inc. (the “Company” or “Superlattice Power”) (formerly Zingo, Inc.),
following  the sale as of May 15, 2008, of its VOIP telecommunications
business, intends to concentrate its efforts on further development of the
lithium batteries technology licensed from Li-ion Motors Corp., (“LMC”), the
Company’s former parent (EV Innovations, Inc.).  For the year ended
July 31, 2009, our auditors have expressed substantial doubt concerning our
ability to continue as a going concern.





As of
August 1, 2008, the Company is considered a development stage enterprise as
defined in the Financial Accounting Standards Board ("FASB") Accounting
Standards Codification ("ASC") 915, "Development Stage Entities" ("ASC
915").  The Company has limited revenue to date, continues to raise
capital and there is no assurance that ultimately the Company will achieve a
profitable level of operations.





The
financial statements have been prepared in accordance with Securities Exchange
Commission requirements for interim financial statements.  Therefore,
they do not include all information and footnotes required by accounting
principles generally accepted in the United States for complete financial
statements.  These financial statements should be read in conjunction
with the financial statements and notes thereto contained in the Company's
Annual Report on form 10-K for the year ended July 31, 2009 as filed with the
Securities Exchange Commission.





The
results of operations for the interim periods shown in this report are not
necessarily indicative of results to be expected for the full
year.  In the opinion of management, the information contained herein
reflects all adjustments necessary to make the results of operations for the
interim period a fair statement of such operations.  All such
adjustments are of a normal recurring nature.





History
and Nature of Business


Superlattice
Power was originally incorporated under the name Titan Web Solutions, Inc. on
July 15, 2002 under the laws of the State of Nevada. The Company changed
its name to JavaKingCoffee, Inc. in August 2003.





Effective
August 8, 2005, the Company entered into an Agreement and Plan of
Reorganization, pursuant to which the Company agreed to acquire all of the
outstanding shares of WhistlerTel, Inc., a Nevada corporation, which was a
wholly owned subsidiary of LMC, formally EV Innovations, Inc.  The
transaction was completed on August 19, 2005 by the issuance of 80,000,000
shares of the Company's stock in exchange for all of the outstanding shares
of WhistlerTel's common stock.





WhistlerTel,
Inc. was organized in November, 2004.  The Company offered
telecommunication services to businesses and individuals providing voice
communication via the Internet.  The system required high speed
broadband internet access.





On April
15, 2008, Li-ion Motors Corp. (formerly EV Innovations, Inc.). sold its
controlling interest of the Company’s outstanding common stock to Blue Diamond
Investments, Inc. With the sale of our VoIP telecommunications business, named
Zingo Telecom, Inc., on May 15, 2008 we intend to concentrate efforts on further
development of the lithium batteries technology licensed from LMC, the Company’s
former parent.





Effective
April 15, 2008, the Company entered into a license agreement with LMC providing
for LMC’s license to the Company of their patent applications and technologies
for rechargeable lithium ion batteries for hybrid vehicles and other
applications (“licensed products”).  Under the license agreement, LMC
has the right to purchase their requirements of lithium ion batteries from the
Company, and their requirements of lithium ion batteries shall be supplied by
the Company in preference to, and on a priority basis as compared with, supply
and delivery arrangements in effect for other customers of the Company. LMC’s
cost for lithium ion batteries shall be the Company’s actual manufacturing costs
for such batteries for the fiscal quarter of the Company in which LMC's purchase
takes place.


7




Superlattice
Power, Inc.


NOTES TO
UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS


April 30,
2010




In
connection with the license agreement, the Company has agreed to invest a
minimum of $1,500,000 in each of the first two years of the term of the license
agreement in development of the technology for the licensed products. In the
initial year under the license agreement, the Company invested approximately
$314,517 in the development of technology, and therefore is not in compliance
with its obligations under this covenant of the license agreement.  Li-ion
Motors Corp. has advised the Company in a letter dated October 1, 2009, that it
will not give notice of default against the Company for our failure to comply
with this covenant in the first year of the term of the license
agreement.   Li-ion Motors Corp. has further agreed and advised
the Company that they will not give notice of default against the Company for
failure to comply with this covenant in the second year of the term of the
license ending April 15, 2010.




Effective
April 16, 2008, the Company agreed to lease approximately 5,000 square feet of
space in LMC’s North Carolina facility.  The leased space will be
suitable, and utilized by the Company, for developmental and manufacturing
operations for licensed products pursuant to the license
agreement.  The leased space is leased on a month-to-month basis at a
monthly rental of $2,625, the monthly rental to be escalated five (5%) percent
annually. Also effective April 16, 2008, the Company purchased certain equipment
and supplies related to the license agreement from LMC for the purchase price of
$29,005.





The
Company merged into its wholly-owned subsidiary, Superlattice Power, Inc., on
April 25, 2008.  The subsidiary was created solely for this merger,
the purpose of which was to change the name of the Company from Zingo, Inc. to
Superlattice Power, Inc. The state of Nevada does not require stockholder
approval of a merger of a wholly-owned subsidiary into the parent, and in
connection with such a merger the name of the parent is permitted to be
changed.  As a result of the merger, the assets and liabilities of the
surviving corporation were unchanged. The subsidiary Superlattice Power, Inc.
had no assets or liabilities prior to the merger.





Basis
of presentation


The
Company’s financial statements for the nine months ended April 30, 2010 have
been prepared on a going concern basis which contemplates the realization of
assets and settlement of liabilities and commitments in the normal course of
business. The Company had $0 revenue for the nine months ended April 30, 2010;
and there was a working capital deficit of approximately $5.9 million as of
April 30, 2010. Management recognized that the Company’s continued existence is
dependent upon its ability to obtain needed working capital through additional
equity and/or debt financing and revenue to cover expenses as the Company
continues to incur losses.





The
Company’s business is subject to most of the risks inherent in the establishment
of a new business enterprise. The likelihood of success for the Company must be
considered in light of the expenses, difficulties, delays and unanticipated
challenges encountered in connection with the current economic downturn,
formation of a new business, raising operating and development capital, and the
marketing of a new product.  There is no assurance the Company will
ultimately achieve a profitable level of operations.





The
Company presently does not have sufficient liquid assets to finance its
anticipated funding needs and obligations.  The Company’s continued
existence is dependent upon its ability to obtain needed working capital through
additional equity and/or debt financing and achieve a level of sales adequate to
support its cost structure. Management is actively seeking additional capital to
ensure the continuation of its current activities and complete its proposed
activities. However, there is no assurance that additional capital will be
obtained. These uncertainties raise substantial doubt about the ability of the
Company to continue as a going concern. The accompanying financial statements do
not include any adjustments that might result from the outcome of these
uncertainties should the Company be unable to continue as a going
concern.





On
September 17, 2009 the Company’s Board of Directors declared a three-for-one
forward stock split that was effected in the form of a stock dividend. All share
and per share amounts have been restated to reflect the three-for-one forward
stock split. See Note 4, “Common stock,” for further discussion.





On July
1, 2009, the Financial Accounting Standards Board ("FASB") established
Accounting Standards Codification ("ASC") as the primary source of authoritative
generally accepted accounting principles ("GAAP") recognized by the FASB to be
applied by nongovernmental entities.  Although the establishment of
the ASC did not change current GAAP, it did change the way we refer to GAAP
throughout this document to reflect the updated referencing
convention.





8




Superlattice
Power, Inc.
 NOTES TO
UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
 April 30,
2010


SIGNIFICANT
ACCOUNTING POLICIES





Estimates


The
preparation of financial statements prepared in accordance with the accounting
standards generally accepted in the United States of America requires management
to make estimates and assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at the date of
the financial statements.  Actual results could differ from those
estimates.





Cash
and cash equivalents


Cash and
cash equivalents consist of highly liquid investments, which are readily
convertible into cash with original maturities of six months or
less.





Fair
value of  measurements





The
Company adopted ASC 820, "Fair Value Measurements and Disclosures" on
January 1, 2008, for all financial assets and liabilities that are
recognized or disclosed at fair value in the condensed consolidated financial
statements on a recurring basis or on a nonrecurring basis during the reporting
period. While the Company adopted the provisions of ASC 820 for nonfinancial
assets and liabilities that are recognized or disclosed at fair value in the
financial statements on a recurring basis, no such assets or liabilities existed
at the balance sheet date. As permitted by ASC 820, the Company delayed
implementation of this standard for all nonfinancial assets and liabilities
recognized or disclosed at fair value in the financial statements on a
nonrecurring basis and adopted these provisions effective January 1,
2009.





The fair
value is an exit price, representing the price that would be received to sell an
asset or paid to transfer a liability in an orderly transaction between market
participants at the measurement date.  The Company utilizes market
data or assumptions that market participants would use in pricing the asset or
liability.  ASC 820 establishes a three-tier fair value hierarchy,
which prioritizes the inputs used in measuring fair value.  These
tiers include:  Level 1, defined as observable inputs such as quoted
market prices in active markets; Level 2, defined as inputs other than quoted
prices in active markets that are either directly or indirectly observable; and
Level 3, defined as unobservable inputs about which little or no market data
exists, therefore requiring an entity to develop its own
assumptions.





As of
April 30, 2010, the Company held certain financial assets that are measured at
fair value on a recurring basis.  These consisted of cash and cash
equivalents. The Company does not have any financial assets measured at fair
value on a recurring basis as Level 2 or Level 3 and there were no transfers in
or out of Level 2 or Level 3 during the nine months ended April 30,
2010.





The
following table sets forth by level, within the fair value hierarchy, the
Company’s financial assets accounted for at fair value on a recurring basis as
of April 30, 2010.




Assets at fair value as of April 30, 2010 usingQuoted prices inactive markets for
                
                
                Significant other
                
                
                Significantidentical assets
                
                
                observable inputs
                
                
                unobservableTotal
                
                
                (Level 1)
                
                
                (Level 2)
                
                
                inputs (Level 3)Cash
      and cash equivalents
                
                $
                83
                
                
                $
                83
                
                
                $
                -
                
                
                $
                -




The
Company had no financial assets accounted for on a non-recurring basis as of
April 30, 2010.





There
were no changes to the Company’s valuation techniques used to measure asset fair
values on a recurring or nonrecurring basis during the nine months ended April
30, 2010 and the Company did not have any financial liabilities as of April 30,
2010.





The
Company has other financial instruments, such as receivables, accounts payable
and other liabilities which have been excluded from the tables
above.  Due to the short-term nature of these instruments, the
carrying value of receivables, accounts payable and other liabilities
approximate their fair values.


9


Superlattice
Power, Inc.
 NOTES TO
UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
 April 30,
2010


Property
and equipment


Property
and equipment are recorded at cost.  Depreciation of property and
equipment are accounted for by accelerated methods over the following estimated
useful lives:




LivesFurniture
      and fixtures
              
              3-7
      yearsSoftware
              
              3-5
      yearsComputers
              
              5
      years




Long-lived
assets


The
Company  accounts for  long-lived  assets
in  accordance  with  FASB ASC 360-10-35,
"Impairment or Disposal of Long-Lived Assets" ("ASC 360-10-35"). The carrying
value of long-lived assets is reviewed on a regular basis for the existence of
facts and circumstances that may suggest impairment.  The Company
recognizes impairment when the sum of undiscounted future cash flows is less
than the carrying amount of the asset.  The write down of the asset is
charged to the period in which the impairment occurs.





Income
taxes


Income
taxes are accounted for under the asset and liability
method.  Deferred tax assets and liabilities are recognized for
amounts of existing assets and liabilities and their respective tax bases and
operating loss and tax credit carry forwards.  Deferred tax assets and
credits are measured using enacted tax rates expected to be recovered or
settled. The effect on deferred tax assets and liabilities of a change in tax
rates is recognized in the consolidated financial statements in the period that
includes the enactment date.





Net
loss per common share


Basic
loss per common share is computed based on the weighted average number of shares
outstanding during the year. Diluted earnings per common share is computed by
dividing net earnings (loss) by the weighted average number of common shares and
potential common shares during the specified periods. The Company has no
outstanding options, warrants or other convertible instruments that could affect
the calculated number of shares.





Revenues


Revenues
are recognized at the time that service is completed or the related products
have been installed.





Advertising


Advertising
costs are expensed and are included in selling, general and administrative
expenses.  Total advertising expenditures for the nine months ended
April 30, 2010 and 2009 were approximately $0 and $49,999.00
respectively.





Research
and development


No set
amount has been set aside for research and development (“R&D”) but all
projects and purchases must be approved before being started or
purchased.  As of April 30, 2010, there have been expenses allocated
to research and development. For the nine months ending April 30, 2010,
salaries, payroll taxes, and benefits amounted to approximately $134,648 in
R&D, parts and supplies was approximately $0, and other R&D were
approximately $0.





Recently
issued pronouncements


During
2009, the Company adopted the revised accounting guidance related to business
combinations.  This guidance requires an acquirer to recognize the
assets acquired, the liabilities assumed, and any non-controlling interest in
the acquiree at the acquisition date, measured at their fair values as of that
date, with limited exceptions specified in the literature.  In
accordance with this guidance, acquisition-related costs, including
restructuring costs, must be recognized separately from the acquisition and will
generally be expensed as incurred.  That replaces the cost-allocation
process detailed in previous accounting literature, which required the cost of
an acquisition to be allocated to the individual assets acquired and liabilities
assumed based on their estimated fair values.  The Company implemented
this new guidance effective August 1, 2009.


10


Superlattice
Power, Inc.


NOTES TO
UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS


April 30,
2010





During
2009, the Company implemented an update to the accounting guidance related to
earnings per share. In accordance with this accounting guidance, unvested
share-based payment awards with rights to dividends are participating securities
and shall be included in the computation of basic earnings per share. The
Company adopted this guidance effective August 1, 2009. This implementation did
not have a material impact on prior periods presented.


The FASB
has published an update to the accounting guidance on fair value measurements
and disclosures as it relates to investments in certain entities that calculate
net asset value per share (or its equivalent). This accounting guidance permits
a reporting entity to measure the fair value of certain investments on the basis
of the net asset value per share of the investment (or its equivalent). This
update also requires new disclosures, by major category of investments, about
the attributes of investments included within the scope of this amendment to the
Codification. The guidance in this update is effective for interim and annual
periods ending after December 15, 2009. The Company does not expect the adoption
of this standard to have a material impact on the Company's results of
operations, financial condition or cash flows.




Note
2. Property and equipment





Property
and equipment consist of:





April 30,
                    
                    
                    July 31,2010
                    
                    
                    2009Equipment
                    
                    $
                    44,255
                    
                    
                    $
                    44,255Idle
      equipment
                    
                    
                    87,200
                    
                    
                    
                    87,200Leasehold
      improvements
                    
                    
                    26,360
                    
                    
                    
                    26,360157,815
                    
                    
                    
                    157,815Less
      accumulated depreciation
                    
                    
                    (25,584
                    )
                    
                    
                    (16,554
                    )$
                    132,231
                    
                    
                    $
                    141,261




Depreciation
expense for the nine months ended April 30, 2010 and 2009 was $9,030 and $19,336
respectively.





In
January 2009, a private company provided Superlattice with equipment in exchange
for Superlattice’s battery prototypes for testing and possibly for purchase of
batteries from the Company. The equipment was received in the manufacturing
facility, and was recorded at appraised value of $103,025.





Note
3.  Related party transactions





The
Company's principal financing source has been from its former parent, Li-ion
Motors Corp.,. On April 15, 2008, Blue Diamond assumed LMC’s debt due from
Superlattice.  At April 30, 2010 and July 31, 2009 the Company owed
Blue Diamond $4,321,358 and $4,321,358, respectfully. During the nine months
ended April 30, 2010 and year ended July 31, 2009 the Company received no
funds and made no repayments, respectively. As of April 30, 2010 and July 31,
2009, the amount due to Blue Diamond was $4,321,358 and $4,321,358,
respectively.




The
Company received and repaid additional advances from Ayaz Kassam (chief
executive and principal financial officer) for the nine months ended April 30,
2010 and year ended July 31, 2009. The Company received in the amount of
$514,003 and $443,740 respectfully.  The Company repaid $610,400
and $43,400, respectively.  As of April 30, 2010 and July 31, 2009,
the amount due to Ayaz Kassam was $441,353 and $537,750,
respectively.





The
Company received and repaid additional advances from SSRI (a business consulting
firm to the Company) for the nine months ended April 30, 2010 and year ended
July 31, 2009 in amounts of $19,400 and $0, respectively for April 30,
2010, and $9,700 and $0, respectively for July 2009. As of April 30, 2010
and July 31, 2009, the amount due to SSRI was $9,700 and $0,
respectively.




The
Company received and repaid additional advances from Li-ion Motors Corp. (prior
parent company) for the nine months ended April 30, 2010 and year ended July 31,
2009 in amounts of $756,504 and $0 received respectfully, repaid $441,781 and $0
respectfully.  As of April 30, 2010 and July 31, 2009, the amount due
to Li-ion Motors Corp. was $314,723 and $0, respectively.


11


Superlattice
Power, Inc.


NOTES TO
UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS


April 30,
2010





Without
such funding, the Company could not continue in business because it does not
have any revenue.


The
advances from the parent company will accrue interest at a rate of 10% annually
until the obligation has been paid in full. No term has been set for repayment
and no payment is expected until the Company has begun to produce battery cells
and has become a profitable venture. The balance of the related party
transactions is due within two weeks of the parties request but does not bear
interest. Interest for the nine months ended April 30, 2010 and 2009 is
$0 and $0, respectively. The related party transaction amounts are reported
as a current liability in the balance sheet based on the terms of the
agreement.





Note
4. Common stock





As
discussed in Note 1, the Company entered into an agreement on August 19, 2005,
whereby the Company issued 240,000,000 shares of its common stock to the
shareholder of Whistler Tel, Inc. in exchange for all of the shares of
WhistlerTel. On April 15, 2008 the 240,000,000 shares were sold to Blue Diamond
Investments. On May 15, 2008, the subsidiary, Zingo Telecom, was sold to a
private investor.




On
September 17, 2009, the Company’s Board of Directors declared a three-for-one
forward stock split of the Company’s common stock that was effected in the form
of a stock dividend. A three-for-one forward split in our common stock was
effective October 19, 2009. The Certificate of Change filed with the Nevada
Secretary of State on September 18, 2009, providing for the forward split
changed the number of shares of our outstanding common stock from 115,000,000 to
345,000,000, and the number of shares of our authorized common stock in the same
ratio, from 250,000,000 to 750,000,000. All share and per share amounts have
been restated to reflect the three-for-one forward stock split except for
stockholders’ deficiency.




See Note
5 “Net loss per common share,” for the impact on the Company’s earnings per
share amounts as a result of the stock split. This stock split resulted in the
issuance of 230 million additional shares of common stock and was accounted for
by the transfer of $230,000 from additional paid-in capital to common stock,
which is the amount equal to the par value of the additional shares issued to
affect the stock split.





Note
5.  Net loss per common share





Loss per
share is computed based on the weighted average number of shares outstanding
during the year. Diluted loss per common share is computed by dividing net loss
by the weighted average number of common shares and potential common shares
during the specified periods. The Company has no outstanding options, warrants
or other convertible instruments that could affect the calculated number of
shares.




The
following table sets forth the reconciliation of the basic and diluted net loss
per common share computations for the nine months ended April 30, 2010 and
2009.





Nine Months Ended
                      
                      
                      Three Months EndedJanuary 31,
                      
                      
                      April 30,2010
                      
                      
                      2009
                      
                      
                      2010
                      
                      
                      2009Basic
      and diluted EPS:Net
      loss ascribed to common shareholders - basic and diluted
                      
                      $
                      (398,852
                      )
                      
                      $
                      (459,131
                      )
                      
                      $
                      (200,275
                      )
                      
                      $
                      (190,298
                      )Weighted
      shares outstanding - basic and diluted
                      
                      
                      345,000,000
                      
                      
                      
                      345,000,000
                      
                      
                      
                      345,000,000
                      
                      
                      
                      345,000,000Basic
      and diluted net loss per common share
                      
                      $
                      (0.00
                      )
                      
                      $
                      (0.00
                      )
                      
                      $
                      (0.00
                      )
                      
                      $
                      (0.00
                      )





Net loss
per common share for the nine months ended April 30, 2009 has been
revised.  This revision was immaterial to the Company’s consolidated
results of operations and financial position. See below for further discussion.
All share and per share amounts have been restated to reflect the three-for-one
forward stock split as discussed in Note 4.


12


Superlattice
Power, Inc.


NOTES TO
UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS


April 30,
2010




The
amounts previously reported for nine months and three months ended April 30,
2009, were as follows:


NINE MONTHS ENDED
                
                
                THREE MONTHS
                  ENDEDAPRIL 30,
                
                
                APRIL 30,2009
                
                
                2009Basic
      and diluted loss per common share
                $
                
                (0.00
                )
                
                $
                (0.00
                )




Note
6. Going concern





The
Company's financial statements are prepared based on the going concern
principle.  That principle anticipates the realization of assets and
payments of liabilities through the ordinary course of business.  No
adjustments have been made to reduce the value of any assets or record
additional liabilities, if any, if the Company were to cease to
exist.  The Company has incurred significant operating losses since
inception.  These operating losses have been funded by the issuance of
capital and advances from related parties (the Company's former parent, Li-ion
Motors Corp.).  There are no guarantees that the Company will continue
to be able to raise the funds necessary.  Additionally, the lack of
capital may limit the Company's ability to establish and maintain existing
business and establish future viable business.





Note
7.  Subsequent Events


The
Company received on May 10, 2010 a Submission of Resignation Letter from Dr.
Surajit Sengupta, Director, Battery Division. Dr Sengupta left for personal
advancement on May 21, 2010.  Dr. Vishal Mahajan, who has worked
closely with Dr. Sengupta will oversee the battery development .





Subsequent
events have been reviewed through June 2, 2010.


13





Item
      2.
            Management's
      Discussion and Analysis of Financial Condition and Resultsof
      Operations





FORWARD
LOOKING STATEMENTS





This
quarterly report contains forward-looking statements that involve risks and
uncertainties. We use words such as anticipate, believe, plan, expect, future,
intend and similar expressions to identify such forward-looking statements. You
should not place too much reliance on these forward-looking statements. Our
actual results are likely to differ materially from those anticipated in these
forward-looking statements for many reasons, including the risks faced by us
described in this section.




INTRODUCTION




We were
incorporated on July 15, 2002 under the laws of the State of Nevada. We changed
our business in 2008, entering into a license agreement with Li-ion Motors on
April 15, 2008, for the license of the development of their lithium battery
technology, and on May 15, 2008 we sold our Zingo Telecom, Inc. and M/S Zingo
Bpo Services Pvt. Ltd. subsidiaries that offered telecommunications services to
business and residential customers utilizing VoIP technology. To reflect our new
business, we changed our name from Zingo, Inc. to Superlattice Power, Inc. on
April 25, 2008.




A 3-for-1
forward split in our common stock was effective October 19, 2009. The
Certificate of Change filed with the Nevada Secretary of State on September 18,
2009, providing for the forward split changed the number of shares of our
outstanding common stock from 115,000,000 to 345,000,000, and the number of
shares of our authorized common stock in the same ratio, from 250,000,000 to
750,000,000.





NINE
MONTHS ENDED APRIL 30, 2010 AS COMPARED WITH NINE MONTHS ENDED APRIL 30,
2009





We
incurred a net loss of $589,870 for the nine months ended April 30, 2010, which
included general and administrative costs of $103,972 and research and
development expense of $134,648.





We had no
sales for the nine month period ended April 30, 2010. Our net loss for the
nine-month period ended April 30, 2010, decreased from the nine-month period
ended April 30, 2009 (from $666,278 for the prior period to $598,870 in 2010).
This was primarily due to lower general and administrative costs of $103,972 in
the nine months ended April 30, 2010, as compared with $174,787 in the prior
period, and lower research and development costs of $134,648 in 2010, as
compared to $156,234 in the prior period.





THREE
MONTHS ENDED APRIL 30, 2010 AS COMPARED WITH THREE MONTHS ENDED APRIL 30,
2009





We
incurred a net loss of $191,098 for the three months ended April 30, 2010, which
included general and administrative costs of $38,145 and research and
development expense of $35,303.





We had no
sales for the three month period ended April 30, 2010. Our net loss for the
three-month period ended April 30, 2010, decreased from the three-month period
ended April 30, 2009 (from $207,147 for the prior period to $191,018 in 2010).
This was primarily due to lower research and development expense of $35,303 in
the three months ended April 30, 2010, as compared with $53,190 in the prior
period and higher general and administrative expense of $38,145 in 2010 as
compared with $36,544 in 2009. Interest expense of $117,570 incurred in 2010 was
comparable to interest expense incurred of $117,413 in 2009.


14





PLAN OF
OPERATION





Commercial
Initiatives





We are
developing rechargeable lithium ion batteries for power production for a variety
of uses. We plan to pioneer a
superlattice cathode material for the use in lithium ion rechargeable
batteries.





License
Agreement with Li-ion Motors Corp.





Effective
April 15, 2008, we entered into a License Agreement (the “License Agreement”)
with Li-ion Motors Corp. (formerly EV Innovations, Inc.), our former controlling
stockholder, providing for Li-ion Motors’ license to us of Li-ion Motors’ patent
applications and technologies for rechargeable lithium-ion batteries for hybrid
vehicles and other applications (“Licensed Products”).





Under the
License Agreement, Li-ion Motors has the right to purchase its requirements of
lithium ion batteries from us, and its requirements of lithium ion batteries
shall be supplied in preference to, and on a priority basis as compared with,
supply and delivery arrangements in effect for our other customers. Li-ion
Motors’ cost for lithium ion batteries purchased from us will be our actual
manufacturing costs for such batteries for our fiscal quarter in which Li-ion
Motors’ purchase takes place.





Under
Section 2.2 of the License Agreement, we have agreed to invest a minimum of
$1,500,000 in each of the first two years of the term of the License Agreement
in development of the technology for the Licensed Products. In the initial year
under the License Agreement, we invested approximately $264,043 in the
development of our technology, and therefore are not in compliance with our
obligations under this covenant of the License Agreement.  Li-ion
Motors has advised us in a letter dated October 1, 2009, that it will not give
notice of default against us for our failure to comply with this covenant in the
first year of the term of the License Agreement.





Effective
April 16, 2008, we agreed to lease approximately 5,000 square feet of space
(“Leased Space”) in Li-ion Motors’ North Carolina facility, such Leased Space to
be suitable for, and utilized by us for, our developmental and manufacturing
operations for Licensed Products pursuant to the License
Agreement.  The Leased Space is leased by Li-ion Motors to us on a
month-to-month basis at a monthly rental of $2,500, the monthly rental to be
escalated five (5%) percent annually (currently $2,625). Effective April 16,
2008, Li-ion Motors also sold us for the purchase price of $29,005, specified
equipment and supplies related to the licensed intellectual
property.




Sale
of our Telecom Subsidiaries




At a
closing held on May 15, 2008, we sold for $215,000 the 75,000 outstanding shares
of common stock, constituting 100% of the outstanding stock, of our subsidiary
Zingo Telecom, Inc.  In addition, at the closing, we assigned and
transferred all receivables or debt obligations of Zingo Telecom owing to or
held by us at the closing date, and all outstanding shares of M/S Zingo Bpo
Services Pvt. Ltd., our subsidiary incorporated in India.







Liquidity
and Capital Resources





As of
April 30, 2010, we had cash on hand of $83.  Our liabilities at April
30, 2010 totaled $6,094,650, as compared with $5,513,918 at July 31, 2009; and
our property plant and equipment net decreased to $132,231 at April 30, 2010, as
compared with $141,261 at July 31, 2009.





At April
30, 2010, we had a working  capital  deficiency of
$6,091,253 and a stockholders deficit of $5,959,022.


15





We used
net cash in operating activities of $228,134 in the nine months ended April 30,
2010, as compared with $270,629 in the comparable period in 2009, and cash flow
used in investing activities for the purchase of property, plant and equipment
was $16,059 in 2009, as compared with $-0- in 2010. Cash flow provided by
investing activities in 2009, included $16,059 for the purchase of property,
plant and equipment.





In the
nine months ended April 30, 2010, we had received approximately $228,026 in net
advances from related parties, giving effect to payments to related parties of
$1,052,181, as compared with advances from related parties of $252,740 and
proceeds of debt of $19,060 in 2009.





Since our
incorporation, we have financed our operations almost exclusively through
advances from our controlling shareholders. We expect to finance operations
through the sale of equity or other investments in us for the foreseeable
future, as we do not receive significant revenue from our new business
operations. There is no guarantee that we will be successful in arranging
financing on acceptable terms.





Our
ability to raise additional capital is affected by trends and uncertainties
beyond our control. We do not currently have any arrangements for financing and
we may not be able to find such financing if required. Obtaining additional
financing would be subject to a number of factors, including investor sentiment.
Market factors may make the timing, amount, terms or conditions of additional
financing unavailable to us.





Our
auditors are of the opinion that our continuation as a going concern is in
doubt. Our continuation as a going concern is dependent upon continued financial
support from our shareholders and other related parties.





CRITICAL
ACCOUNTING POLICIES





Recently
issued pronouncements





During
2009, the Company adopted the revised accounting guidance related to business
combinations. This guidance requires an acquirer to recognize the assets
acquired, the liabilities assumed, and any non-controlling interest in the
acquiree at the acquisition date, measured at their fair values as of that date,
with limited exceptions specified in the literature. In accordance with this
guidance, acquisition-related costs, including restructuring costs, must be
recognized separately from the acquisition and will generally be expensed as
incurred. That replaces the cost-allocation process detailed in previous
accounting literature, which required the cost of an acquisition to be allocated
to the individual assets acquired and liabilities assumed based on their
estimated fair values. The Company implemented this new guidance effective
August 1, 2009.





During
2009, the Company implemented an update to the accounting guidance related to
earnings per share. In accordance with this accounting guidance, unvested
share-based payment awards with rights to dividends are participating securities
and shall be included in the computation of basic earnings per share. The
Company adopted this guidance effective August 1, 2009. This implementation did
not have a material impact on prior periods presented.





The FASB
has published an update to the accounting guidance on fair value measurements
and disclosures as it relates to investments in certain entities that calculate
net asset value per share (or its equivalent). This accounting guidance permits
a reporting entity to measure the fair value of certain investments on the basis
of the net asset value per share of the investment (or its equivalent). This
update also requires new disclosures, by major category of investments, about
the attributes of investments included within the scope of this amendment to the
Codification. The guidance in this update is effective for interim and annual
periods ending after December 15, 2009. The Company does not expect the adoption
of this standard to have a material impact on the Company's results of
operations, financial condition or cash flows.


16




Item
      3.
            Quantitative
      and Qualitative Disclosures About Market
Risk




Interest
Rate Risk - Interest rate risk refers to fluctuations in the value of a security
resulting from changes in the general level of interest rates. Investments that
are classified as cash and cash equivalents have original maturities of three
months or less. Our interest income is sensitive to changes in the general level
of U.S. interest rates. We do not have significant short-term investments, and
due to the short-term nature of our investments, we believe that there is not a
material risk exposure.





Item 4T.
Controls and Procedures.





As of the
end of the fiscal quarter covered by this Form 10-Q, the Company carried out an
evaluation, under the supervision and with the participation of the Company’s
management, including the Company’s Chief Executive Officer and Principal
Financial and Accounting Officer, of the effectiveness of the design and
operation of the Company’s disclosure controls and procedures as defined in Rule
13a-14 of the Securities Exchange Act of 1934. Based upon that evaluation, the
Chief Executive Officer and Principal Financial and Accounting Officer concluded
that the Company’s disclosure controls and procedures are effective in timely
alerting him to material information relating to the Company (including its
consolidated subsidiaries) required to be included in this Quarterly Report on
Form 10-Q. There have been no changes in the Company’s internal controls or in
other factors which could significantly affect internal controls subsequent to
the date the Company carried out its evaluation.




PART II-
OTHER INFORMATION


ITEM 5.
Other Information.





On
November 2, 2009, Stacey Fling resigned as a director of our Company. Ayaz
Kassam, our Chief Executive Officer, has been since that date the sole director
of the Company.





ITEM
      6.
              Exhibits.




Ex
      31
            Certification
      of Chief Executive Officer and Principal Financial Officer Pursuant to
      Section 302 of the Sarbanes-Oxley Act of 2002, filed
    herewith.




Ex
      32
            Certification
      of Chief Executive Officer and Principal Financial Officer Pursuant to 18
      U.S.C. Section 1350,
      as  Adopted   Pursuant   to  Section   906  of
      the Sarbanes-Oxley Act of 2002,filed
herewith.




17


SIGNATURES





In
accordance with the  requirements of the Exchange Act, the
registrant  caused this  report to be  signed on
its  behalf  by
the  undersigned,  thereunto duly authorized.





Superlattice
      Power, Inc./s/ Ayaz KassamAyaz
      KassamPresident
      and Chief Executive
                OfficerDated: June 2, 2010


18