UNITED
STATES

SECURITIES
AND EXCHANGE COMMISSION

Washington,
D.C. 20549



FORM
10-KSB



(Mark
One)

[X] ANNUAL
REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934

For the
fiscal year ended6/30/2007

[
]TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934

For the
transition period from ______________ to________________

Commission
file number000-50898





_____________INverso
Corp._____________

(Name
of Small Business Issuer in its charter)



|Delaware                                                           | 34-1996527                              
|------------------------------------------------------------------ | ----------------------------------------
|(State
				or other jurisdiction of incorporation or organization) | (I.R.S.
				Employer Identification No.)
|155
				Revere Drive, Suite 10, Illinois, IL                       | 60062                                   
|(Address
				of principal executive offices)                       | (Zip
				Code)                          



Issuer’s
telephone number(847)291-7711_________________________



Securities
registered under Section 12(b) of the Act:

|Title
				of each class | Name
				of each exchange on which
				to
				be so registered each class is to be registered
|----------------------- | ---------------------------------------------------------------------------------------------
|N/A                     | N/A                                                                                          



Securities
registered under Section 12(g) of the Act:



____Common
Stock $0.000001 par value____

(Title
of class)



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



Persons
who respond to the collection of information contained in this form
are not required to respond unless the form displays a currently
valid OMB control number.



Check if
there is no disclosure of delinquent filers in response to Item 405
of Regulation S-B is not contained in this form, and no disclosure
will be contained, to the best of registrant’s knowledge, in
definitive proxy or information statements incorporated by reference
in Part III of this Form 10-KSB or any amendment to this Form 10-KSB.
[X]



State
issuer’s revenues for its most recent fiscal year. $0



State the
aggregate market value of the voting and non-voting common equity
held by non-affiliates computed by reference to the price at which
the common equity was sold, or the average bid and asked price of
such common equity, as of a specified date within the past 60 days.
(See definition of affiliate in Rule 12b-2 of the Exchange Act.)
Note: If determining whether a person is an affiliate will involve an
unreasonable effort and expense, the issuer may calculate the
aggregate market value of the common equity held by non-affiliates on
the basis of reasonable assumptions, if the assumptions are stated.



The
aggregate market value of shares of voting common stock held by non
affiliates of the Registrant is approximately $0 on June 30, 2007.
There were 13,500,000 shares of the Registrant’s common stock
outstanding as of June 30, 2007.

Table
	of Contents


Part
	I	3 Forward Looking
	Statements	3 Item 1.
	Description of Business.	3 Item 2.
	Description of Property.	4 Item 3. Legal
	Proceedings.	4 PART
	II	4 Item 1. Market for
	Common Equity and Related Stockholder Matters.	4 Item 6.
	Management’s Discussion and Analysis or Plan of Operation.	4 Off-balance sheet
	arrangements	7 Item 7. Financial
	Statements.	7 Item 8. Changes in
	and Disagreements with Accountants on Accounting and Financial
	Disclosure.	12 Item 8A. Controls
	and Procedures.	12 Evaluation of
	Disclosure Controls and Procedures	12 Changes in
	Internal Controls	12 Item 8B. Other
	Information.	12 PART
	III	12 Item 9. Directors
	and Executive Officers of the Registrant and Compliance with Section
	16(a) of the Exchange Act.	12 Section 16(a)
	Beneficial Ownership Reporting Compliance	14 Code of Ethics	14 Audit Committee
	Financial Expert	14 Item 10. Executive
	Compensation.	14 Item 11. Security
	Ownership of Certain Beneficial Owners and Management.	15 Item 12. Certain
	Relationships and Related Transactions.	15 Item 13. Exhibits
	and Reports on Form 8-K.	15 (a) Exhibits:	16 (b) Reports on
	Form 8-K 	16 Item 14. Principal
	Accountant Fees and Services.	16 Audit and
	Non-Audit Fees 	16 SIGNATURES	17


Page
	2 Part
	I Forward Looking Statements In this filing references to "INverso,"
	"we," "us," and "our" refer to INverso
	Corp. of Delaware. This Form 10-KSB contains certain forward-looking
	statements.  For this purpose any statements contained in this Form
	10-KSB that are not statements of historical fact may be deemed to
	be forward-looking statements. Without limiting the foregoing, words
	such as "may," "will," "expect,"
	"believe," "anticipate," "estimate" or
	"continue" or comparable terminology are intended to
	identify forward-looking statements. By their nature these
	statements involve substantial risks and uncertainties, and actual
	results may differ materially depending on a variety of factors,
	many of which are not within our control. These factors include but
	are not limited to economic conditions generally and in the
	industries in which we may participate; competition within our
	chosen industry, including competition from much larger competitors;
	technological advances and failure by us to successfully develop
	business relationships or consummate a business transaction, as
	defined below. Item 1. Description of Business. INverso was incorporated on May 28, 2004 in the
	State of Delaware to engage in any lawful activity under the laws of
	Delaware.  Due to an error in the transmission of the incorporation
	documents, the actual incorporation in Delaware occurred on October
	6, 2004.  Between these two dates we operated as a de facto
	corporation. We are a development stage company, whose activities to
	date have been limited to the organization of the company, the
	filing of this registration statement and activities incidental
	thereto. We have not conducted any research, development or other
	business, and have not been involved in any bankruptcy, receivership
	or similar proceeding, or any material reclassification, merger,
	consolidation, or purchase or sale of assets. We have offered no
	products or services, and have never owned any patents, trademarks,
	licenses, franchises, concessions, royalty agreements, labor
	contracts or other intellectual or intangible property. For these
	reasons we have incurred net operating losses which will increase
	continuously until we can consummate a business transaction that is
	profitable. We are a “blank check” company, also
	often referred to as a “shell” company.  To date we have
	had no operations and are in the process of seeking investment funds
	to further our business model of developing/funding alternative
	energy start-up companies.  We are a development stage company and
	will remain so until proper funding is encountered. We have filed a registration statement on a
	voluntary basis, pursuant to section 12(g) of the Securities
	Exchange Act of 1934 (the "Exchange Act"), in order to
	ensure that public information is readily accessible to all
	shareholders and potential investors, and to increase our access to
	financial markets. We have not made, and are not planning to make,
	an offering of “blank check” securities. We do not
	intend to undertake any offering of our securities, either debt or
	equity, until such time as we have successfully implemented our
	business plan, as described herein. Page
	3 Item 2. Description of Property. We do not own any property and do not maintain an
	office or other property. We currently maintain a mailing address at c/o
	Randall S. Goulding, 155 Revere Drive, Suite 10, Northbrook, IL
	60062.  We pay no rent for the use of this mailing address.  We do
	not believe that it will need to maintain an office at any time in
	the foreseeable future in order to carry out our plan of operations
	described herein and in our registration statement. Item 3. Legal Proceedings. We are not and have never been party to legal
	proceedings, and have no knowledge of any indication or threat of
	legal action. We are not aware of any proceedings contemplated by a
	government authority. PART II Item 1. Market for Common Equity and Related
	Stockholder Matters. There is no public trading market for our
	securities at this time and there is no assurance that a regular
	trading market will develop, or if developed, will be sustained. We
	have not applied for a listing on any public trading exchange. We have never paid any dividends and do not
	anticipate doing so prior to consummating a business transaction.
	There is no guaranty that we will be able to pay dividends
	subsequent to the consummation of a business transaction. As we do not have any employees, we do not intend
	to issue securities under equity compensation plans and will not
	register any securities pursuant to such a plan prior to
	consummating a business transaction. Item 6. Management’s Discussion and
	Analysis or Plan of Operation. We have no operations or revenues.  On
	September 25, 2006, we closed on the acquisition of Hydrogenesis,
	Inc.  Hydrogenesis, Inc. was organized to facilitate financing for
	bioreactor/hydrogen plants as well as funding for the development of
	other promising alternative energy sources.  Currently Hydrogenesis
	has nominal assets only and it is expected that it will remain a
	development stage company until additional funds can be raised. Assuming receipt of sufficient funding,
	Hydrogenesis’ initial focus will be providing funding and/or
	working capital for companies engaged in alternative energy
	production. Hydrogenesis will serve as an incubator for technology
	companies requiring funding and management. There are currently no
	agreements in place with respect to any funding or joint ventures. As a result of the foregoing transaction, the Company will face the
	following risks and uncertainties: Page 4  New
	Management has been appointed.
	 With the closing of the transaction, we have a new management team
	headed by Randall Goulding and Harvey Altholtz.  There can be no
	assurance that new management will be able to successfully implement
	the proposed operations of Hydrogenesis.  We Have Had
	Limited Operations to Date.Since the acquisition of
	Hydrogenesis, our primary focus has been putting together a
	management team and implementing our business plan so that we can
	commence commercial operations.  We have not commenced commercial
	operations and have no revenues to date.  We Have No
	Operating Experience within the Alternative Energy Field.
	 Although our initial management team has, collectively, substantial
	business experience, the Company has no experience in the
	alternative fuel industry.  Accordingly, there is no Company
	operating history within such business sector, upon which to
	evaluate our likely performance.  We
	Cannot Assure Our Success In Our Planned Business Operations Or Of
	Profitability.  We will require
	funding to commence operations.  There can be no assurance that we
	will receive adequate funding or if available, on terms acceptable
	or commercially reasonable, to the Company.  Even in the event we
	receive all, or substantially all, of the funding we may require,
	such funding will not necessarily assure our success or
	profitability in view of, among other factors, our limited operating
	history in this business, the uncertainties associated with funding
	and operating a new business venture. We
	Need to Obtain Financing in Order to Continue our Operations.On
	a prospective basis, we will require both short-term financing for
	operations and long-term capital to fund our expected growth.  We
	have no existing bank lines of credit and have not established any
	definitive sources for additional financing.  We will require
	additional financing if we want to fully implement our business plan
	and take advantage of evolving market conditions.  Additional
	financing may not be available to us, or if available, it may not be
	available upon terms and conditions acceptable to us.  If adequate
	funds are not available, then we may be required to delay, reduce or
	eliminate product development or marketing programs.  Our inability
	to take advantage of opportunities in the industry because of
	capital constraints may have a materially adverse effect on our
	business and our prospects.  We Will Be
	Materially Dependent On Our Management and Consultant.
	 The success of our business is and will be materially dependent
	upon the continued services of our current management.  The loss of
	any member of our management team will adversely impact the
	operations of the Company.  We do not presently have any key man
	life insurance on any of such persons.  Development
	Risks Generally.We
	are a developmental stage company.  Securing financing and moving
	forward with a proposed business plan involves greater risks and Page
	5 uncertainties
	than those associated with an established business.  As such, there
	can be no assurance that we will successfully implement our business
	plan, commence commercial operations or, operate profitably.  Industry Risks:
	Operating History; Uncertainty of Broad Based Market Acceptance.
	 The success of our business may be affected by matters beyond our
	control, including but not limited to changes in technology and
	equipment, equipment costs, competition, future demand for
	alternative energy sources and changes in economic conditions, all
	of which can impact upon market acceptance.  Management believes
	that there is a perceived need for the Company's services; however,
	no assurance can be given that such perceived need for the Company's
	services is correct or if correct, will result in revenues to offset
	our operating expenses.  Risks Associated
	with Growth.Our development plans will require the
	implementation of operational and financial systems and will require
	additional management, operational, and financial resources.  For
	example, we will be required to recruit certain additional
	management, key employees, and other personnel for our operations,
	in addition to its recently retained management team.  There can be
	no assurance that we will be able to manage our operations
	effectively.  The failure to implement such systems and add such
	resources on a cost-effective basis could have a materially adverse
	effect on our results of operations and financial condition.  Competition.We face competition from companies with substantially greater
	resources that ours.  We believe that we will be able to develop a
	niche market and identify opportunities that large, multi-national
	companies may omit or deem too small to pursue.  If we are wrong
	with this assumption, it will be extremely difficult to compete with
	better-capitalized companies and we will have to rely more heavily
	on Management’s personal skills and abilities.  No Dividends on
	Common Stock.   We have never paid dividends on our Common
	Stock.  We intend for the foreseeable future to retain earnings, if
	any, for the future operation and expansion of our business and do
	not anticipate paying dividends on our shares of Common Stock for
	the foreseeable future. TheShares of our Common Stock Lack any Trading Market.  There are also
	Restrictions on Transferability.Shares of our
	Common Stock are not eligible for trading on any national or
	regional exchange, nor are they quoted on any over-the-counter
	market.  As a result, an investment in our securities is highly
	illiquid.   Unless the securities are registered with the Securities
	and Exchange Commission and any required state authorities, or an
	appropriate exemption from registration is available, you may be
	unable to liquidate or sell your Common Stock even though your
	personal financial situation may dictate such a liquidation or sale. We believe that our plan of operations will be
	conducted through the efforts of Mr. Randall S. Goulding and Dr.
	Harvey Altholtz.  It is anticipated that Mr. Goulding and Dr.
	Altholtz will furnish us with potential candidates for developing
	our hydrogen/bioreactor business model. We are classified as a 'blank check' company
	under rules of the SEC and certain states. Page
	6 Under these regulations the public sale of
	securities of blank check companies is limited.  We will not make
	any efforts to cause a market to develop in our securities until
	such time as we have successfully implemented our business plan and
	INverso is no longer classified as a blank check company. We
	anticipate that additional securities may be registered and issued
	subsequent to a successful business transaction.  The issuance of
	substantial additional securities and their potential sale into any
	trading market which may develop in our securities may have a
	depressive effect on the future value of our securities, if such a
	market develops, of which there is no assurance. We currently have no employees. Our management
	expects to confer with consultants, attorneys and accountants as
	necessary. We do not anticipate a need to engage any full-time
	employees so long as we are seeking and evaluating business
	opportunities.  We will determine the need for employees based upon
	the specific opportunity.  The amount of time spent by Messrs.
	Goulding and Alholtz on the activities of INverso is not
	predictable.  Such time may vary widely from an extensive amount
	when reviewing a target company/opportunity to an essentially quiet
	time when activities of management focus elsewhere Since inception, we have had no revenues or sales
	and primarily financed our operations through funding from Mr.
	Goulding.  We believe that our current cash needs can be met by
	loans from our directors, officers and shareholders for at least the
	next twelve months. However, if we encounter a business opportunity,
	it may be necessary to raise additional capital.  This may be
	accomplished by selling our common stock.  Our management intends to
	actively seek business opportunities during the next twelve months. Management has considered filing to become a
	Business Development Company (BDC).  Nothing has been determined or
	further explored in relation to becoming a BDC as of the date of
	this report. Off-balance sheet arrangements We currently have no off-balance sheet contracts
	or other off-balance sheet arrangements. Page
	5  Item 7.
	Financial Statements.  Pollard-Kelley
	Auditing Services, Inc. ... ...  ... ... ... ... ... ... ...  ...
	... ...   ... ... Auditing
	Services                 4500 Rockside Rd #450, Independence,  OH
	44131 330-836-2558  Report of Independent Registered Public Accounting Firm  Board of Directors INverso Corp. ( A Development Stage
	Company) We have audited the
	accompanying balance sheets of INverso Corp. (a Development Stage
	Company) as of June 30, 2007 and 2006, and the related statements of
	income, changes in shareholders' equity, and cash flows for the
	years ended June 30, 2007 and 2006, and the period May 28, 2004
	(date of inception) through June 30, 2007.  These financial
	statements are the responsibility of the Company's management.   Our
	responsibility is to express an opinion on these financial
	statements based on our audits.  We conduct our audits
	in accordance with the standards of the Public Company Accounting
	Oversight Board (United States). Those standards require that we
	plan and perform the audit to obtain reasonable assurance about
	whether the financial statements are free of material misstatement.
	An audit includes examining on a test basis, evidence supporting the
	amounts and disclosures in the financial statements.  An audit also
	includes assessing the accounting principles used and significant
	estimates made by management, as well as evaluating the overall
	financial statement presentation.  We believe that our audits
	provide a reasonable basis for our opinion.  The Company has not
	generated significant revenues or profits to date. This factor,
	among others, may indicate that the Company may be unable to
	continue as a going concern.   The Company's continuation as a going
	concern depends upon its ability to generate sufficient cash flow to
	conduct its operations and its ability to obtain additional sources
	of capital and financing. The accompanying financial statements do
	not include any adjustments that might result from the outcome of
	this uncertainty.  In our opinion, the
	financial statements referred to above present fairly, in all
	material respects, the financial position of the Company at June 30,
	2007 and 2006, and the results of its operations, changes in
	shareholders' equity, and its cash flows for the year ended June 30,
	2007 and 2006, and the period May 28, 2004 (date of inception)
	through June 30, 2007, in conformity with U.S. generally accepted
	accounting standards.  Pollard-Kelley
	Auditing Services, Inc.  /S/ Pollard-Kelley
	Auditing Services, Inc.  Independence, Ohio October 15, 2007 Page
	8 INverso Corp. (A
	Development Stage Company) Balance
	Sheet As of
	June 30, 2007 and June 30, 2006  ASSETS6/30/2007
			
			6/30/2006Current assetsCash
			
			
			$4,872
			
			$100Total assets
			
			
			$4,872
			
			$100   LIABILITIES AND STOCKHOLDERS'
				DEFICIT6/30/2007
			
			6/30/2006Current liabilitiesAccounts payable
			
			
			$10,756
			
			$-Notes payable
			
			
			15,300
			
			-Total current liabilities
			
			
			26,056
			
			-Long-term debt, net of current
				portionLoan from shareholders
			
			
			-
			
			3,114Total liabilities
			
			
			26,056
			
			3,114Stockholders' deficitCommon stock (par 0.000001,
				100,000,000shares authorized, and 13,500,000 issued and
				outstanding)
			
			
			14
			
			22Additional paid in capital
			
			
			13,200
			
			78Accumulated deficit during thedevelopment stage
			
			
			(34,398)
			
			(3,114)Total stockholders' deficit
			
			
			(21,184)
			
			(3,014)Total liabilities and
				stockholders' deficit
			
			
			$4,872
			
			$100 See notes accompanying
	financial statements Page 9 INverso Corp. (A
	Development Stage Company) Statement
	of Income For
	the Periods Ended June 30, 2007 and 2006  From May 28,Three Months
			
			Three Months
			
			Year
			
			Year
			
			2004 (Inception)Ended
			
			Ended
			
			Ended
			
			Ended
			
			ThroughJune 30, 2007
			
			June 30, 2006
			
			June 30, 2007
			
			June 30, 2006
			
			June 30, 2007Revenue:Fees
			$
			-
			
			$
			-
			
			$
			-
			
			$
			-
			
			$
			-Expenses:Accounting
			
			1,860
			
			
			-
			
			
			9,080
			
			
			500
			
			
			11,840Consulting
			
			-
			
			
			-
			
			
			10,000
			
			
			-
			
			
			10,000Dues and subscriptions
			
			125
			
			
			-
			
			
			312
			
			
			-
			
			
			476Legal
			
			5,096
			
			
			-
			
			
			5,096
			
			
			-
			
			
			5,096Postage
			
			-
			
			
			-
			
			
			-
			
			
			-
			
			
			2Printing & reproduction
			
			-
			
			
			-
			
			
			-
			
			
			-
			
			
			3Taxes
			
			-
			
			
			-
			
			
			-
			
			
			-
			
			
			1857,081
			
			
			-
			
			
			24,488
			
			
			500
			
			
			27,602Other expenses:Goodwill impairment (Note 4)
			
			-
			
			
			-
			
			
			6,796
			
			
			-
			
			
			6,796Net Ioss
			$
			(7,081)
			
			$
			-
			
			$
			(31,284)
			
			$
			(500)
			
			$
			(34,398)Weighted average number ofcommon shares outstanding
			
			13,500,000
			
			
			22,000,000
			
			
			15,526,027
			
			
			22,000,000
			
			
			19,842,009Basis loss per common share
			$
			(0.00)
			
			$
			(0.00)
			
			$
			(0.00)
			
			$
			(0.00)
			
			$
			(0.00) See notes accompanying
	financial statements Page 10 INverso Corp. (A
	Development Stage Company) Statement
	of Changes in Stockholders' Equity/(Deficit) For
	the Period May 28, 2004 (Inception) to June 30, 2007 TotalCommon Stock
			
			Additional
			
			Shares
			
			
			
			Stockholders'Paid-in
			
			Held in
			
			Retained
			
			Equity/Shares
			
			Amount
			
			Capital
			
			Treasury
			
			Earnings
			
			(Deficit)May 28, 2004Stock issuance for cash
			
			22,000,000
			
			$
			22
			
			$
			78
			
			$
			-
			
			$
			
			
			$
			100Net (loss)May 28, 2004 (inception)to June 30, 2004
			
			
			
			
			
			
			
			
			
			
			
			
			
			(1,244)
			
			
			(1,244)Balance, June 30, 2004
			
			22,000,000
			
			
			22
			
			
			78
			
			
			-
			
			
			(1,244)
			
			
			(1,144)Net (loss)July 1, 2004to June 30, 2005
			
			
			
			
			
			
			
			
			
			
			
			
			
			(1,370)
			
			
			(1,370)Balance, June 30, 2005
			
			22,000,000
			
			
			22
			
			
			78
			
			
			-
			
			
			(2,614)
			
			
			(2,514)Net (loss)July 1, 2005to June 30, 2006
			
			
			
			
			
			
			
			
			
			
			
			
			
			(500)
			
			
			(500)Balance, June 30, 2006
			
			22,000,000
			
			
			22
			
			
			78
			
			
			-
			
			
			(3,114)
			
			
			(3,014)Issuance of common stockrelated to merger onSeptember 25, 2006
			
			11,500,000
			
			
			12
			
			
			29,988
			
			
			
			
			
			
			
			
			30,000Purchase of treasury sharesrelated to merger onSeptember 25, 2006
			
			
			
			
			
			
			
			
			
			
			16,886
			
			
			
			
			
			(16,886)Retirement of treasury sharesrelated to merger onSeptember 25, 2006
			
			(20,000,000)
			
			
			(20)
			
			
			(16,866)
			
			
			(16,886)Net (loss)July 1, 2006to September 30, 2006
			
			
			
			
			
			
			
			
			
			
			
			
			
			(10,000)
			
			
			(10,000)Balance, September 30, 2006
			
			13,500,000
			-
			
			14
			-
			
			13,200
			
			
			-
			-
			
			(13,114)
			-
			
			100Net (loss)October 1, 2006to December 31, 2006
			
			
			
			
			
			
			
			
			
			
			
			
			
			(10,216)
			
			
			(10,216)Balance, December 31, 2006
			
			13,500,000
			-
			
			14
			-
			
			13,200
			
			
			-
			-
			
			(23,330)
			-
			
			(10,116)Net (loss)January 1, 2007to March 31, 2007
			
			
			
			
			
			
			
			
			
			
			
			
			
			(3,987)
			
			
			(3,987)Balance, March 31, 2007
			
			13,500,000
			
			
			14
			
			
			13,200
			
			
			-
			
			
			(27,317)
			
			
			(14,103)Net (loss)April 1, 2007to June 30, 2007
			
			
			
			
			
			
			
			
			
			
			
			
			
			(7,081)
			
			
			(7,081)Balance, June 30, 2007
			
			13,500,000
			
			$
			14
			
			$
			13,200
			
			$
			-
			
			$
			(34,398)
			
			$
			(21,184) See notes accompanying
	financial statements Page 11 INverso Corp. (A
	Development Stage Company) Statement
	of Cash Flows For
	the Periods Ended June 30, 2007 and June 30, 2006  From May 28,Three Months
			
			Three Months
			
			Year
			
			Year
			
			2004 (Inception)Ended
			
			Ended
			
			Ended
			
			Ended
			
			ThroughJune 30, 2007
			
			June 30, 2006
			
			June 30, 2007
			
			June 30, 2006
			
			June 30, 2007OPERATING ACTIVITIESNet loss
			$
			(7,081)
			
			$
			-
			
			$
			(31,284)
			
			$
			(500)
			
			$
			(34,398)Adjustment to reconcile net lossto net cash used in operations:Goodwill impairment
			
			-
			
			
			-
			
			
			6,796
			
			
			-
			
			
			6,796Increase in accounts payable
			
			6,956
			
			
			-
			
			
			10,756
			
			
			-
			
			
			10,756Net cash used in operating
				activities
			
			(125)
			
			
			-
			
			
			(13,732)
			
			
			(500)
			
			
			(16,846)INVESTING ACTIVITIESPurchase of goodwill relatedrelated to merger on
				9/25/06
			
			-
			
			
			-
			
			
			(6,796)
			
			
			-
			
			
			(6,796)FINANCING ACTIVITIESIncrease / (decrease) in
				shareholder loan
			
			-
			
			
			-
			
			
			(3,114)
			
			
			500
			
			
			-Increase in notes payable
			
			-
			
			
			-
			
			
			15,300
			
			
			-
			
			
			15,300Issuance of common stock
			
			-
			
			
			-
			
			
			12
			
			
			-
			
			
			14Proceeds from paid in capital
			
			-
			
			
			-
			
			
			29,988
			
			
			-
			
			
			30,086Purchase of treasury shares
			
			-
			
			
			-
			
			
			(16,886)
			
			
			-
			
			
			(16,886)Net cash provided by financing
				activities
			
			-
			
			
			-
			
			
			25,300
			
			
			500
			
			
			28,514Net cash increase for the period
			
			(125)
			
			
			-
			
			
			4,772
			
			
			-
			
			
			4,872Cash at the beginning of
				period
			
			4,997
			
			
			100
			
			
			100
			
			
			100
			
			
			-Cash at the end of
				period
			$
			4,872
			
			$
			100
			
			$
			4,872
			
			$
			100
			
			$
			4,872 See notes accompanying
	financial statements Page 12 Notes to Financial Statements  Description of Business  INverso Corp. (hereafter referred to as the Company), is
	incorporated in the state of Delaware.  The Company facilitates
	financing for bioreactor plants.  The intent of the company is to
	fund future hydrogen bioreactors.  The Company engaged in a reverse merger transaction with
	Hydrogenesis, Inc. on September 25, 2006.  Future operations of the
	Company will reflect the activity of what was formerly known as
	Hydrogenesis, Inc.  The term “reverse merger” refers to
	a transaction where a private company seeks public listing and
	becomes a publicly traded company.  As of June 30, 2007, the Company has no inventory, property or
	equipment.  Additionally, the Company has no revenue or cost of
	sales.  The expenses incurred as of the date of the audit are the
	start-up costs of the Company.  Therefore, the Company is considered
	to be in the development stage.  Summary of Significant Accounting Policies  Basis
	of accounting The
	Company’s policy is to prepare its financial statements on the
	accrual basis of accounting in conformity with generally accepted
	accounting principles in the United States of America (U.S. GAAP). Cash
	and cash equivalents  The Company considers all highly liquid investments, with a maturity
	of less than one year when purchased, to be cash equivalents.  Loss per share  Loss per share is computed by dividing the
	net income by the weighted average number of common shares
	outstanding of 13,500,000 for the three months ended June 30, 2007,
	22,000,000 for the three months ended June 30, 2006, 15,526,027 for
	year ended June 30, 2007, 22,000,000 for the year ended June 30,
	2006, and 19,842,009 for the period from May 28, 2004 (inception)
	through June 30, 2007.  There are no outstanding derivatives as of
	June 30, 2007 and therefore no adjustment for fully diluted weighted
	average number of common shares outstanding.  Use
	of estimates  The preparation of financial statements in conformity with generally
	accepted accounting principles 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 and reported Page 13 amounts of revenue and expenses during the reporting period.  Actual
	results could differ from those estimates.  Income
	taxes Deferred
	tax assets and liabilities are computed based upon the difference
	between the financial statement and income tax basis of assets and
	liabilities using the enacted marginal tax rate applicable when the
	related asset or liability is expected to be realized or settled.
	Deferred income tax expenses or benefits are based on the changes in
	the asset or liability each period.  If available evidence suggests
	that it is more likely than not that some portion or all of the
	deferred tax assets will not be realized, a valuation allowance is
	required to reduce the deferred tax assets to the amount that is
	more likely than not to be realized.  Future changes in such
	valuation allowance are included in the provision for deferred
	income taxes in the period of change. Going Concern  Due to
	the development stage of the Company and since there have been no
	revenues as of June 30, 2007, there is substantial doubt as to the
	Company’s ability to continue as a going concern.  In order to
	meet its upcoming and continuing obligations, additional financing
	or new revenues will be needed.  The financial statements do not
	include any adjustments that might be necessary should the Company
	be unable to continue as a going concern. Intangibles  The
	Company formerly had an intangible asset of goodwill.  This $6,796
	amount came about from the reverse merger acquisition of
	Hydrogenesis, Inc. on September 25, 2006.  At December 31, 2006,
	management determined that this goodwill was impaired.  Since the
	addition of Hydrogenesis to the business operations of INverso are
	very speculative and it is doubtful that the combination will
	provide future success, management has assessed the value at $0. Intangible
	assets are stated at cost and checked for impairment at the close of
	each fiscal year.  However, if impairment is discovered at any time
	during the year, it is recognized immediately. Notes Payable  The
	Company is currently receiving money from an investor that is being
	classified as a loan.  The terms of the investment have not been
	finalized as of the date of the audit.  It is expected that common
	stock will be issued to settle this loan once the terms are
	finalized.  No interest will be paid or accrued.  The loan came from
	The Nutmeg Group, LLC (TNG).  Randall S. Goulding, the president of
	INverso, is the managing member of TNG and owns 100% of the LLC. Related Party Transactions  During
	the year ended June 30, 2007, the Company received $10,300 from TNG
	that is currently being treated as a loan.  Randall S. Goulding, the
	president of INverso, is the managing member of The Nutmeg Group and
	owns 100% of the LLC. Page
	14  Significant Transactions and Subsequent Events  In
	January of 2007, $100,000 of cash was received from the Melanie S.
	Altholtz Irrevocable Trust (Altholtz).  On the next day, $95,000 was
	sent to Nanologix, Inc. for an investment.  It was a $100,000
	investment, but $5,000 was withheld and due to a finder for a
	commission.  All of this occurred through Hydrogenesis, Inc., the
	subsidiary.  Immediately after the transaction, it was determined
	that the true nature of the transaction was not correctly
	formulated.  All of the parties then agreed to rescind the
	transaction.  It was therefore not mentioned as a subsequent event
	in the December 31, 2006 financial statements because management
	considered this to be irrelevant.  When the March 31, 2007
	financials were prepared, cash had still not been exchanged between
	the parties to affect the rescission, but there was no indication
	that the rescission would not occur.  On or about June of 2007, the
	Company came to realize that rescission of this transaction, even
	though agreed to by all parties previously, was not going to occur,
	due to a prior shift in power of the management of Nanologix, Inc.  To
	resolve the problems associated with this issue, the following
	events took place.  All of the transactions described occurred
	through the Company’s subsidiary, Hydrogenesis, Inc.  The
	subsidiary really has no other operations.  Therefore, the
	subsidiary owns $100,000 worth of Nanologix stock and owes Altholtz
	$100,000.  The Company came to an agreement with Altholtz to sell
	Hydrogenesis, for $5,000.  At the date of the transaction,
	Hydrogenesis would own the $100,000 asset and be obligated to pay
	Altholtz the $100,000 note payable.  The $5,000 obligation still due
	to the finder as of June 30, 2007 will be assumed by Hydrogenesis
	upon closing of the transaction in October of 2007. Page
	15 Item 8.
	Changes in and Disagreements with Accountants on Accounting and
	Financial Disclosure. None. Item 8A. Controls and Procedures. Evaluation of Disclosure Controls and Procedures Based on his evaluation of our disclosure
	controls and procedures, conducted as of a date within ninety (90)
	days prior to the filing date of this report on Form 10-KSB (the
	“Evaluation Date”), Messrs Goulding and Altholtz, our
	principal executive and financial officers, have concluded that they
	are the only individuals involved in INverso’s disclosure
	process.  We have no formal procedures in place for processing and
	assembling information to be disclosed in our periodic reports.  Our
	system is designed so that information is retained by us and relayed
	to our accountants.  Our principal executive officer and principal
	financial officer believe that as of the end of the period being
	reported, the our disclosure controls and procedures are effective
	to ensure that information required to be disclosed by us in the
	reports that we file or submit under the Exchange Act is recorded,
	processed, summarized and reported, within the required time
	periods. Further, we believe that, given its size and status as a
	blank check company with no operations, an extensive disclosure
	controls and procedures system is not necessary. At such time that a
	business transaction is consummated, our management will reevaluate
	the disclosure controls and procedures. Changes in Internal Controls No significant changes in our internal controls
	or in other factors that could significantly affect these controls
	following the Evaluation Date came to management’s attention. Item 8B. Other Information. None. PART III Item 9. Directors and Executive Officers of the
	Registrant and Compliance with Section 16(a) of the Exchange Act. The following information with respect to the
	principal occupation or employment of each director and executive
	officer and in regard to other affiliations and business experience
	during the past five years, has been furnished to us by the
	respective directors. The table below sets forth the names, ages,
	positions and terms of office of our officers and directors. Name
				Age
				Position
				TermRandall S. Goulding
				57
				CEO, CFO, Director
				Through May 2008Harvey Altholtz
				61
				Director
				Through May 2008 **Page
	16**  **Randall
	S. Goulding,** is a certified public accountant and
	attorney. Mr. Goulding received a business administration degree
	with a dual major in accounting and finance from the University of
	Illinois. He received his JD from DePaul Law School. Mr. Goulding
	spent six years with the Internal Revenue Service Audit and
	Intelligence Divisions before opening a private tax law practice,
	focusing on income and estate taxation and planning, securities and
	litigation. His litigation experience has included practice before
	the United States Supreme Court, Illinois Supreme Court, State
	Court, Federal District Court, the Seventh Circuit Court of Appeals
	and the United States Tax Court.  Starting in 1995, Mr. Goulding
	joined the equity investment company Paradigm Group, LLC
	(“Paradigm”), a Chicago-based investment and financial
	consulting organization. He negotiated and structured transactions
	for Paradigm, its investors and portfolio companies. Since 1998, he
	has also served as general counsel to Paradigm as well as The Adler
	Group, LLC, Certified Public Accountants & Consultants.  Mr.
	Goulding founded the Nutmeg Group in 2002 and continues to serve as
	the Managing Director.  Dr. Harvey Altholtz, a
	former practicing dentist, is one of the founding Principals of
	Wealth Strategy Partners, LLP, an innovative financial planning firm
	which specializes in both income tax and estate tax reduction
	through the combination of multiple Internal Revenue Code sections,
	Treasury Regulations and Dept. of Labor Advisory Opinions which
	result in a synergism of tax relief for the client.  Special
	emphasis is placed on charitable planning and tax favorable
	investments so as to greatly benefit the client and/or his or her
	heirs.  He has created strategic alliances with over 20 nationally
	known and respected legal firms and thousands of reputable
	accounting firms throughout the United States and is considered a
	national expert on legal tax avoidance techniques and charitable
	giving.  Dr. Altholtz is a
	noted speaker at medical meetings and conventions, as well as CPA
	and attorney conferences and continuing education symposiums across
	the nation, and has been invited to speak to insurance producer
	groups as well.  There are no family relationships between our
	directors.  During the last five years, none of our directors,
	persons nominated to become a director, executive officers,
	promoters or control persons has been involved in: (1) Any bankruptcy petition filed by or against
	any business of which such person was a general partner or executive
	officer either at the time of the bankruptcy or within two years
	prior to that time; (2) Any conviction in a criminal proceeding or
	being subject to a pending criminal proceeding (excluding traffic
	violations and other minor offenses); (3) Any order, judgment, or decree, not
	subsequently reversed, suspended or vacated, of any court of
	competent jurisdiction, permanently or temporarily enjoining,
	barring, suspending or otherwise limiting his involvement in any
	type of business, securities or banking activities; and **Page
	17** (4) Being found by a court of competent
	jurisdiction (in a civil action), the Commission or the Commodity
	Futures Trading Commission to have violated a federal or state
	securities or commodities law, and the judgment has not been
	reversed, suspended, or vacated. Section 16(a) Beneficial Ownership Reporting
	Compliance Section 16(a) of the Exchange Act requires
		the Company’s officers and directors and persons who own 10%
		or more of a registered class of the Company’s equity
		securities to file reports of ownership and changes in ownership on
		Forms 3, 4 and 5 with the SEC. Officers, directors and 10% or
		greater stockholders are required by SEC regulations to furnish the
		Company with copies of all Forms 3, 4 and 5 they file.Based solely on our review of the copies of
		such forms, we believe that, with one exception, our two directors,
		officers and our stockholders complied with all filing requirements
		applicable to them with respect to transactions during the fiscal
		year ended June 30, 2007.  We did discover that The Nutmeg
		Group, LLC beneficially held 2,903,750 shares of the Company’s
		common stock which it acquired via the Share Exchange with
		Hydrogenesis on September 25, 2006, and which was inadvertently not
		previously reported on any Form 3.  Randall S. Goulding, the
		Company’s Chief Executive Officer and Director, who is the
		managing member of The Nutmeg Group, LLC, has informed the Company
		that he will file a Form 4 with regard to his shareholdings, and
		will examine whether a separate Form 3 needs to be filed on behalf
		of the Nutmeg Group, as soon as possible. Code of Ethics We have not yet adopted a code of ethics that
	applies to our principal executive officer, principal financial
	officer, principal accounting officer or controller, or persons
	performing similar functions. Our directors have chosen not to adopt
	such a code of ethics at this time because they are also our
	executive officer and chairman, and we have no other employees. Audit Committee Financial Expert We do not have an audit committee financial
	expert or an audit committee, because, in the opinion of our
	directors, our operations and finances are simple enough during the
	development stage to be understood fully by both directors. Item 10. Executive Compensation. Our executive officers and directors do not
	receive any compensation for their services rendered to us, have not
	received such compensation in the past, and are not accruing any
	compensation pursuant to any agreement with us. **Page
	18** (1) Includes securities, underlying options, and
	SARs. Annual
				Compensation
			Long-Term
				CompensationAwards
			PayoutsYear
			Salary
			Bonus
			Other
				Annual Compensation
			Restricted
				Stock Award(s)
			Securities
				Underlying Options/ SARs
			LTIP
				Payouts (1)
			All
				Other CompensationRandall
				S. Goulding
			2006
			$0
			$0
			$0
			-
			-
			$0
			$0Harvey
				Altholtz
			2006
			$0
			$0
			$0
			-
			-
			$0
			$0  Our officers and director will not receive any
	finder’s fee, either directly or indirectly, as a result of
	his efforts to implement our business plan. We have adopted no retirement, pension, profit
	sharing, stock option or insurance programs or other similar
	programs for the benefit of our employees, but the Board of
	Directors may recommend adoption of one or more such programs in the
	future. Item 11. Security Ownership of Certain
	Beneficial Owners and Management. As of June 30, 2007, there were 13,500,000 shares
	of beneficial ownership in INverso outstanding.  The following table
	sets forth the beneficial owners of 10% of our securities as well as
	ownership by managers, officers and directors. Beneficial ownership
	is determined in accordance with the rules of the SEC and generally
	includes voting or investment power with respect to securities.  Item 12. Certain Relationships and Related
	Transactions. In order to allow us to maintain our liquidity,
	our directors, who are our controlling shareholders, have paid
	certain expenses related to our operations and have not yet
	requested reimbursement for these expenses. Mr. Randall S. Goulding is the managing director
	of The Nutmeg Group, LLC, and manages the operations of INverso. **Page
	19** Mr. David Goulding is the trustee of The Gale
	Trust, which holds 31.84% of the common stock of INverso. Dr. Harvey Altholtz is a director of INverso and
	the former trustee of The Melanie Altholtz Trust, which holds 31.84%
	of the common stock of INverso. Item 13. Exhibits and Reports on Form 8-K. The following documents are filed as part of this
	report: (a) Exhibits: Number
				Description2.1
				Certificate of Incorporation (*)2.1
				By-Laws (**)10
				Consent of Pollard-Kelley Auditing Services,
					Inc.31.1
				Certification Randall S. Goulding32.1
				Section 906 Certification Randall S. Goulding * Incorporated by reference to the Company’s
	Form 8-K, Current Report, filed with the SEC on November 1, 2004. ** Incorporated by reference to the Company’s
	Form 10-SB, Registration of Securities under Section 12(g) of the
	Exchange Act, filed with the SEC on August 10, 2004. (b) Reports on Form 8-K The Registrant filed a Report on Form 8-K during
	the fourth quarter of fiscal year 2006, on October 6, 2006. Item 14. Principal Accountant Fees and Services. Audit and Non-Audit Fees Aggregate fees for professional services rendered
	for INverso by Pollard-Kelley Auditing Services, Inc. for the year
	ended June 30, 2007 are set forth below. The aggregate fees included
	in the Audit category are fees billed for the fiscal years for the
	audit of the Company’s annual financial statements and review
	of financial statements and statutory and regulatory filings or
	engagements. The aggregate fees included in each of the other
	categories are fees billed during the year. 2007Audit fees
				$1,500Audit-related fees
				$0Tax fees
				$0Total
				$1,500  **Page
	20** Audit Fees for the year ended June 30, 2007 were
	for professional services rendered for the audits of the financial
	statements of INverso, consents, and other assistance required to
	complete the year-end audit of the financial statements. There were no Audit-Related Fees and no Tax Fees
	or fees that were classified as All Other Fees as of the fiscal year
	ended June 30, 2007. As we do not have a formal audit committee, we do
	not have audit committee pre-approval policies and procedures;
	however, the directors approved all of the audit-related, tax and
	all other fees. SIGNATURES In accordance with Section 12 of the Securities
	Exchange Act of 1934, the Registrant caused this registration
	statement to be signed on its behalf by the undersigned thereunto
	duly authorized. INverso Corp.  By: __/s/ Randall S.
	Goulding___________________ Date: October 15, 2007 Randall S. Goulding,
	CEO, President and Director  By: __/s/ Harvey
	Altholtz_________________ Date: October 15, 2007 Harvey Altholtz, Director **Page
	21**