**UNITED
      STATES**


**SECURITIES
      AND EXCHANGE COMMISSION**


**WASHINGTON,
      D.C. 20549**





**FORM
      10-Q/A**


**Amendment
      No. 2**





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





For
      the
      quarterly period ended March 31, 2008





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





For
      the
      transition period from ________ to ________





Commission
      File Number: **000-52074**


**4C
      Controls Inc.**


(Exact
      Name of Registrant as Specified in its Charter)





**Nevada******
            **98-0446287**(State
                or other jurisdiction of
            (IRS
                Employerincorporation
                or organization)
            Identification
                No.)





**104
      Summit Ave**


**Summit,
      NJ 07902-0080**


(Address
      of principal executive offices)





**(908)
      273-4442**


(Registrant’s
      Telephone Number, Including Area Code)





**N/A**


(Former
      Name, Former Address and Former Fiscal Year,


if
      Changed Since Last Report)





Indicate
      by check mark whether the registrant (1) has filed all reports required to
      be
      filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
      the
      preceding 12 months (or for such shorter period that the registrant was required
      to file such reports), and (2) has been subject to such filing requirements
      for
      the past 90 days.


Yes x No o





Indicate
      by check mark whether the registrant is a large accelerated filer, an
      accelerated filer, a non-accelerated filer, or a smaller reporting company.
      See
      the definitions of “large accelerated filer,” “accelerated filer” and “smaller
      reporting company” in Rule 12b-2 of the Exchange Act. (Check one):


Large
                Accelerated Filer
            o
            Accelerated
                Filer
            oNon-Accelerated
                Filer
            o
            Smaller
                Reporting Company
            x





Indicate
      by check mark whether the registrant is a shell company (as defined in Rule
      12b-2 of the Exchange Act).


Yes x No o





As
      of May
      12, 2008, the Issuer had 42,524,000 shares of its Common Stock
      outstanding.









Explanatory
      Note : This
      amended Form 10-Q for the period ended March 31, 2008 has been filed responsive
      to comments delivered to the Company by the U.S. Securities and Exchange
      Commission. Readers are directed to the Company’s periodic reports filed with
      respect to periods subsequent to March 31, 2008 for information pertaining
      to
      the Company’s operations, and financial reports following the period reported
      herein.




2




**TABLE
      OF CONTENTS**




**PART
                I: FINANCIAL INFORMATION**Item
                1: Financial Statements
            5Item
                2: Management’s Discussion and Analysis or Plan of
                Operation
            12Item
                3: Quantitative and Qualitative Disclosures about Market
                Risk
            15Item
                4T: Controls and Procedures
            15**PART
                II: OTHER INFORMATION**Item
                1: Legal Proceedings
            16Item
                2: Unregistered Sales of Equity Securities and Use of
                Proceeds
            16Item
                3: Defaults Upon Senior Securities
            16Item
                4: Submission of Matters to a Vote of Security Holders
            16Item
                5: Other Information
            16Item
                6: Exhibits
            17**SIGNATURES**
            18




3




**SPECIAL
      NOTE REGARDING FORWARD-LOOKING STATEMENTS**




This
      Report on Form 10-Q/A (this “Report”) includes forward-looking statements within
      the meaning of the Private Securities Litigation Reform Act of 1995, Section
      27A
      of the Securities Act of 1933 and Section 21E of the Securities Exchange Act
      of
      1934. Forward-looking statements include statements concerning our plans,
      objectives, goals, strategies, future events, future revenues or performance,
      capital expenditures, financing needs and other information that is not
      historical information and, in particular, appear in the sections entitled
“Risk
      Factors,” “Management’s Discussion and Analysis of Financial Condition and
      Results of Operations” and elsewhere in this Report. When used in this Report,
      the words “estimates,” “expects,” “anticipates,” “forecasts,” “plans,”
“intends,” “believes,” “seeks,” “may,” “will,” “should” and variations of these
      words or similar expressions (or the negative versions of any these words)
      are
      intended to identify forward-looking statements. All forward-looking statements,
      including, without limitation, management’s examination of historical operating
      trends, are based upon our current expectations and various assumptions. Our
      expectations, beliefs and projections are expressed in good faith and we believe
      there is a reasonable basis for them. However, we can give no assurance that
      management’s expectations, beliefs and projections will be
      achieved.





There
      are
      a number of risks and uncertainties that could cause our actual results to
      differ materially from the results referred to in the forward-looking statements
      contained in this Report. Important factors outside the scope of our control
      could cause our actual results to differ materially from the results referred
      to
      in the forward-looking statements we make in this Report. Without limiting
      the
      foregoing, if we are unable to acquire approvals or consents from third parties
      or governmental authorities with respect to our new business model, our plans
      to
      commence our new business may become irrevocably impaired.





All
      forward-looking statements included herein are expressly qualified in their
      entirety by the cautionary statements contained or referred to in this Report.
      Except to the extent required by applicable laws and regulations, the Company
      undertakes no obligation to update these forward-looking statements to reflect
      events or circumstances after the date of this Report or to reflect the
      occurrence of unanticipated events.




Unless
      otherwise provided in this Report, references to the “Company,” the
“Registrant,” the “Issuer,” “we,” “us,” and “our” refer to 4C Controls Inc.
      (formerly known as Amecs Inc.).




4


**PART
      I**  **FINANCIAL
      INFORMATION**




**ITEM
      1.**  **FINANCIAL
      STATEMENTS**


4C
        Controls Inc. (Formerly known as Amecs Inc.)
 (A
        Development Stage Company)
 Balance
        Sheet
 As
        restated
 
 March 31,
              
              December 31,2008
              
              2007(unaudited)**ASSETS****Current
                  Assets**Cash
              
              
              25,838
              
              
              6,313Investment
                  in BQT Solutions, Ltd.
              
              
              940,900
              
              
              -Total
                  Current Assets and Total Assets
              
              
              966,738
              
              
              6,313**LIABILITIES
                  AND STOCKHOLDERS' EQUITY****Current
                  Liabilities**Accrued
                  liabilities
              
              
              73,780
              
              
              74,392Payable
                  to related party
              
              
              196,256Total
                  Current Liabilities and Total Liabilities
              
              
              270,036
              
              
              74,392Stockholders'
                  Equity (Deficiency)
              
              
              696,702
              
              
              (68,079
              )Total
                  Liabilities and Stockholders' Equity (Deficiency)
              
              
              966,738
              
              
              6,313
  5
  4C
        Controls Inc. (Formerly known as Amecs Inc.)
 (A
        Development Stage Company)
 (Unaudited)
        Statement of Operations
 As
        restated
 
 For the Three
              
              For the Three
              
              Accumulated fromMonths ended
              
              Months ended
              
              December 28, 2004March 31,
              
              March 31,
              
              (Date of Inception)2008
              
              2007
              
              to March 31, 2008Revenue
              
              
              -
              
              
              
              
              
              -**Expenses**Consulting
                  fees
              
              
              -
              
              
              -
              
              
              7,500Donated
                  services
              
              
              -
              
              
              3,000
              
              
              24,000Impairment
                  loss on website development
              
              
              -
              
              
              -
              
              
              5,000Board
                  of Directors Fees
              
              
              6,000
              
              
              -
              
              
              6,000General
                  and administration
              
              
              25,453
              
              
              343
              
              
              32,267Corporate
                  fees
              
              
              -
              
              
              -
              
              
              -Currency
                  (gain) loss
              
              
              -
              
              
              -
              
              
              -Interest
              
              
              -
              
              
              -
              
              
              -Personnel
              
              
              24,943
              
              
              -
              
              
              24,943Professional
                  fees
              
              
              119,723
              
              
              10,209
              
              
              267,755Rent
              
              
              
              
              
              -
              
              
              -Web
                  site
              
              
              
              
              
              -
              
              
              -Total
                  expenses
              
              
              176,119
              
              
              13,552
              
              
              367,465Net
                  Loss
              
              
              (176,119
              )
              
              (13,552
              )
              
              (367,465
              )Net
                  Loss Per Share
              
              
              0.00
              
              
              0.00Weighted
                  Average Shares Outstanding
              
              
              42,173,766
              
              
              42,053,550
  6
 
 4C
        Controls Inc. (Formerly known as Amecs Inc.)
 (A
        Development Stage Company)
 (Unaudited)
        Statement of Stockholders' Equity
 For
        the
        Period from December 28, 2004 (Date of Inception) to March 31, 2008
 As
        restated
 
 DeficitAccumulatedEffects
              
              
              
              During theCommon Stock
              
              Additional
              
              of Stock
              
              Donated
              
              DevelopmentShares
              
              Par
              
              Paid-in Capital
              
              Dividend
              
              Capital
              
              Stage
              
              Total#
              
              Value ($)
              
              ($)
              
              ($)
              
              ($)
              
              ($)
              
              ($)Balance - December 28, 2004(Date
                  of Inception)Common
                  stock issued for cash at$0.00001
                  per share
              
              
              35,000,000
              
              
              350
              
              
              -
              
              
              (300
              )
              
              -
              
              
              
              
              
              50Net
                  loss for the period
              
              
              -
              
              
              -
              
              
              -
              
              
              
              
              
              -
              
              
              (6,520
              )
              
              (6,520
              )Balance
                  - December 31, 2004
              
              
              35,000,000
              
              
              350
              
              
              -
              
              
              (300
              )
              
              -
              
              
              (6,520
              )
              
              (6,470
              )Common
                  stock issued for cash at$0.10
                  per share
              
              
              7,053,550
              
              
              70
              
              
              100,755
              
              
              (60
              )
              
              
              
              
              
              
              
              100,765Shares
                  issuance costs
              
              
              
              
              
              
              
              
              (1,548
              )
              
              
              
              
              
              
              
              
              
              
              (1,548
              )Donated
                  services
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              12,000
              
              
              
              
              
              12,000Net
                  loss for the year
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              (48,442
              )
              
              (48,442
              )Balance
                  - December 31, 2005
              
              
              42,053,550
              
              
              420
              
              
              99,207
              
              
              (360
              )
              
              12,000
              
              
              (54,962
              )
              
              56,305Donated
                  services
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              12,000
              
              
              
              
              
              12,000Net
                  loss for the year
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              (42,707
              )
              
              (42,707
              )Balance
                  - December 31, 2006
              
              
              42,053,550
              
              
              420
              
              
              99,207
              
              
              (360
              )
              
              24,000
              
              
              (97,669
              )
              
              25,598Effect
                  of stock dividend
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              -Net
                  loss for the year
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              (93,677
              )
              
              (93,677
              )Balance
                  - December 31, 2007
              
              
              42,053,550
              
              
              420
              
              
              99,207
              
              
              (360
              )
              
              24,000
              
              
              (191,346
              )
              
              (68,079
              )Sale
                  of common stock
              
              
              470,450
              
              
              5
              
              
              940,895
              
              
              
              
              
              
              
              
              
              
              
              940,900Net
                  loss for the period
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              (176,119
              )
              
              (176,119
              )Balance
                  - March 31, 2008
              
              
              42,524,000
              
              
              425
              
              
              1,040,102
              
              
              (360
              )
              
              24,000
              
              
              (367,465
              )
              
              696,702
  7
  4C
        Controls Inc. (Formerly known as Amecs Inc.)
 (A
        Development Stage Company)
 (Unaudited)
        Statement of Cash Flows
 As
        restated
 
 For the Three
              
              Accumulated fromMonths ended
              
              December 28, 2004March 31,
              
              (Date of Inception)As Restated
              
              2007
              
              to March 31, 2008**Operating
                  Activities**Net
                  loss
              
              
              (176,119
              )
              
              (13,552
              )
              
              (367,465
              )Adjustments
                  to reconcile net loss to net cashused
                  in operating activities:Donated
                  services
              
              
              -
              
              
              3,000
              
              
              24,000Impairment
                  loss on website development cost
              
              
              
              
              
              
              
              
              5,000Change
                  in operating assets and liabilitiesAccrued
                  expenses
              
              
              (612
              )
              
              9,093
              
              
              73,780Net
                  Cash Used in Operating Activities
              
              
              (176,731
              )
              
              (1,459
              )
              
              (264,685
              )**Investing
                  Activities**Investments
                  in BQT Solutions, Ltd.
              
              
              (940,900
              )
              
              
              
              
              (940,900
              )Website
                  development costs
              
              
              
              
              
              
              
              
              (5,000
              )Net
                  Cash Used in Investing Activities
              
              
              (940,900
              )
              
              -
              
              
              (945,900
              )**Financing
                  Activities**Proceeds
                  of loan from related party
              
              
              196,256
              
              
              
              
              
              196,256Advances
                  from a related party
              
              
              -
              
              
              134
              
              
              34,019Repayments
                  to a related party
              
              
              -
              
              
              -
              
              
              (34,019
              )Investments
                  in BQT Solutions, Ltd.
              
              
              -
              
              
              
              
              
              -Net
                  proceeds from issuance of common shares
              
              
              940,900
              
              
              -
              
              
              1,040,167Net
                  Cash Provided by Financing Activities
              
              
              1,137,156
              
              
              134
              
              
              1,236,423Increase
                  (Decrease) in Cash
              
              
              19,525
              
              
              (1,325
              )
              
              25,838Cash-
                  Beginning of Period
              
              
              6,313
              
              
              26,768
              
              
              -Cash
                  - End of Period
              
              
              25,838
              
              
              25,443
              
              
              25,838


8




**4C
      CONTROLS INC.**


Notes
      to
      Financial Statements


(Unaudited)





**NOTE
      A - BASIS OF PRESENTATION**





The
      accompanying unaudited financial statements of 4C Controls Inc. (the “Company”)
      reflect all material adjustments consisting of only normal recurring adjustments
      that, in the opinion of management, are necessary for a fair presentation of
      results for the interim periods. Certain information and footnote disclosures
      required under accounting principles generally accepted in the United States
      of
      America have been condensed or omitted pursuant to the rules and regulations
      of
      the Securities and Exchange Commission, although the Company believes that
      the
      disclosures are adequate to make the information presented not misleading.
      These
      financial statements should be read in conjunction with the financial statements
      and notes thereto included in the Company’s Annual Report on Form 10-KSB for the
      year ended December 31, 2007 as filed with the Securities and Exchange
      Commission.





The
      preparation of financial statements in conformity with accounting principles
      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 and the reported amounts of revenues and expenses
      during the reporting period. Actual results could differ from those
      estimates.





The
      results of operations for the three months ended March 31, 2008 and 2007 are
      not
      necessarily indicative of the results to be expected for the entire year or
      for
      any other period.





**NOTE
      B - GOING CONCERN**





The
      Company is in the development stage during which management has devoted most
      of
      its activities to the development of a business plan for the Company. As of
      March 31, 2008, the Company has an accumulated deficit of $367,465. The ability
      of the Company to continue as a going concern and to emerge from the development
      stage is dependent upon its successful execution of its plan of operations
      and
      ability to raise additional financing. There is no guarantee that the Company
      will be able to raise additional capital or sell any of its products and
      services at a profit. These factors, among others, raise substantial doubt
      regarding the Company’s ability to continue as a going concern. The accompanying
      financial statements do not include any adjustments that might result from
      the
      outcome of this uncertainty.





**NOTE
      C - STOCKHOLDERS’ EQUITY**




On
      March
      7, 2008, the Company sold an existing shareholder 470,450 shares of its common
      stock and warrants exercisable for the purchase of 117,613 shares of the
      Company’s common stock for an aggregate consideration $940,900. The warrants
      will become exercisable on March 3, 2009, will expire on March 3, 2018, and
      will
      be exercisable at a price of $.25 per share.





On
      December 18, 2007, the Board of Directors declared the payment of a stock
      dividend to the stockholders of record of the Company as of January 2, 2008.
      The
      stock dividend was paid on January 4, 2008. Each stockholder received six
      additional shares of the Company’s common stock for each one share of the
      Company’s common stock which they held on the record date. Following the payment
      of the stock dividend, the issued and outstanding share ownership of the Company
      increased from 6,007,650 shares of Company common stock to 42,053,550 shares of
      common stock.





Common
      stock, stock options and warrants issued to other than employees or directors
      in
      exchange for services are recorded on the basis of their fair value, as required
      by SFAS No. 123R, which is measured as of the date required by EITF
      Issue 96-18, *“Accounting
      for Equity Instruments That Are Issued to Other Than Employees for Acquiring,
      or
      in Conjunction with Selling, Goods or Services* ”.
      In
      accordance with EITF 96-18, the non-employee stock options or warrants are
      measured at their fair value by using the Black-Scholes option pricing model
      as
      of the earlier of the date at which a commitment for performance to earn the
      equity instruments is reached (“performance commitment date”) or the date at
      which performance is complete (“performance completion date”). The stock-based
      compensation expenses are recognized on a straight-line basis over the shorter
      of the period over which services are to be received or the vesting period.
      Accounting for non-employee stock options or warrants which involve only
      performance conditions when no performance commitment date or performance
      completion date has occurred as of reporting date requires measurement at the
      equity instruments then-current fair value. Any subsequent changes in the market
      value of the underlying common stock are reflected in the expense recorded
      in
      the subsequent period in which that change occurs.





On
      March
      25, 2008 the Company issued warrants to purchase 20,000,000 shares at $3.45
      per
      share exercisable only when certain performance commitments occur.




9


**NOTE
      D - INVESTMENT IN BQT SOLUTIONS LTD.**





The
      Company has made an initial investment of $940,900 into BQT Solutions Ltd.
      (“BQT”) in consideration for 5,000,000 ordinary shares of BQT, which represents
      less than 1% of the outstanding shares of BQT.





BQT
      is an
      Australian public company specializing in access control systems, biometric
      and
      smart card readers, CCTV, cameras and customized developments for selected
      clients. BQT’s strategy is to diversify and expand its activities in the
      security and surveillance technology sector. This strategy will involve hiring
      of senior management with expertise in the selected expansion sectors,
      particularly the commercial segment. BQT will focus on commercializing its
      SMAX
      access control system and support sales of existing company technologies of
      biometrics, smart card readers, CCTV cameras and customized solutions for
      selected key clients. The SMAX Access Control Management System is a
      sophisticated, intelligent and cost effective security application that provides
      movement and access controls within a facility.





**NOTE
      E - RELATED PARTY TRANSACTION**





As
      of the
      three months ending March 31, 2008, Rudana Investment Group AG (“Rudana”), the
      Company’s majority shareholder, and companies controlled by Rudana had loaned
      the Company a total of $196,256, which was used by the Company for general
      corporate use. These loans bear interest at 7.5% per annum and are due thirty
      (30) days after demand.





**NOTE
      F - BASIC AND DILUTED NET LOSS PER SHARE**





The
      Company reports income (loss) per share under the requirements of Statement
      of
      Financial Accounting Standards No. 128, “ *Earnings
      per Share* ”.
      Basic
      income (loss) per share includes the weighted average number of common shares
      outstanding during the year. Diluted income (loss) per share includes the
      weighted average number of shares outstanding and dilutive potential common
      shares, such as warrants and options. Since the Company had losses in the three
      months ended March 31, 2008, the stock options outstanding would have an
      anti-dilutive effect on net loss per share and as such are not included in
      the
      calculation.




10


**NOTE
      G - NEW ACCOUNTING PRONOUNCEMENTS**





In
      December 2007, the FASB issued SFAS No. 141 (R), *Business
      Combinations* ,
      and
      SFAS No. 160, *Non-controlling
      Interests in Consolidated Financial Statements* .
      SFAS
      No. 141 (R) requires an acquirer to measure the identifiable assets acquired,
      the liabilities assumed, and any non-controlling interest in the acquiree at
      their fair values on the acquisition date, with goodwill being the excess value
      over the net identifiable assets acquired. SFAS No. 160 clarifies that a
      non-controlling interest in a subsidiary should be reported as equity in the
      consolidated financial statement. The calculation of earnings per share will
      continue to be based on income amounts attributable to the parent. SFAS No.
      141 (R) and SFAS No. 160 are effective for financial statements issued for
      fiscal years beginning after December 15, 2008. Early adoption is prohibited.
      We
      have not yet determined the effect on our financial statements, if any, upon
      adoption of SFAS No. 141 (R) or SFAS No. 160.





**RESTATEMENT
      OF FINANCIAL STATEMENTS**





On
      July
      7, 2008, the Company determined that certain amounts in the financial statements
      and financial information provided in the Company’s Annual Report on Form 10-KSB
      for the year ended December 31, 2007 and the three months ended March 31, 2008
      contained certain bookkeeping recognition and classification errors. The
      Company’s Chief Financial Officer made these determinations. The recognition and
      classification issues pertained to certain of the Company’s legal fees which
      were paid by Rudana Investment Group AG, the Company’s majority shareholder.





The
      following is a summary of the effects of the restatement on the Company’s
      financial statements as of and for the three months ended March 31,
      2008.




Three months ended
              March 31, 2008
            
            From inception
              December 28, 2004
              to March 31, 2008As Previously
            
            
            
            As previouslyreported
            
            As restated
            
            reported
            
            As restatedProfessional
                fees
            
            $
            79,860
            
            $
            119,723
            
            $
            171,500
            
            $
            267,755Net
                loss
            
            
            (136,255
            )
            
            (176,119
            )
            
            (271,209
            )
            
            (367,465
            )Loss
                per common share
            
            
            (.0032
            )
            
            (.004
            )





As of March 31, 2008As previously
              reported
            
            As restatedLoan
                from related party
            
            $
            100,000
            
            $
            196,256Total
                stockholders’ equity
            
            $
            792,958
            
            $
            696,702




11





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





**Introduction**





The
      following discussion of the financial condition and results of operations of
      the
      Company should be read in conjunction with the financial statements and the
      related notes thereto included elsewhere in this Report. This Report contains
      certain forward-looking statements and the Company's future operating results
      could differ materially from those discussed herein. Certain statements
      contained in this Report, including, without limitation, statements containing
      the words “believes”, “anticipates,” “expects” and the like, constitute
“forward-looking statements” within the meaning of Section 27A of the Securities
      Act of 1933, as amended, and Section 21E of the Securities Exchange Act of
      1934,
      as amended (the “Exchange Act”). However, as the Company intends to issue “penny
      stock,” as such term is defined in Rule 3a51-1 promulgated under the Exchange
      Act, the Company is ineligible to rely on these safe harbor provisions. Such
      forward-looking statements involve known and unknown risks, uncertainties and
      other factors which may cause the actual results, performance or achievements
      of
      the Company to be materially different from any future results, performance
      or
      achievements expressed or implied by such forward-looking statements. Given
      these uncertainties, readers are cautioned not to place undue reliance on such
      forward-looking statements. The Company disclaims any obligation to update
      any
      such factors or to announce publicly the results of any revisions of the
      forward-looking statements contained or incorporated by reference herein to
      reflect future events or developments, except as required by the Exchange
      Act.




We
      were
      incorporated in the State of Nevada on December 28, 2004 as Amecs Inc. On March
      3, 2008, the Company announced a change in its business. The Company now intends
      to pursue a new business model on the basis of international security,
      surveillance, satellites, satellite images and access controls technology.
      As of
      March 31, 2008, the Company has not started operations related to the new
      business plans.





**Change
      of Control**





On
      December 18, 2007, Mr. Alexei Gavriline sold 5 million shares of the Company’s
      common stock to Rudana Investment Group AG (“Rudana”). Rudana purchased the
      shares of Company common stock pursuant to agreement dated as of December 5,
      2007. Rudana acquired 83.2% of the 6,007,650 issued and outstanding shares
      of
      the Company as of December 18, 2007. In connection with the execution of the
      agreement with Rudana and the change in control, Mr. Gavriline, who had served
      as the Company’s sole officer and director since the Company’s inception,
      resigned on December 18, 2007. Prior to Mr. Gavriline’s resignation, on December
      18, 2007, Mr. John Genner and Dr. Riccardo Maggiora were each appointed to
      fill
      vacancies on the board of directors of the Company. Mr. John Genner subsequently
      resigned as a director on February 5, 2008. Mr. Sharif Rehuman served as the
      interim President and Chief Executive Officer from December 18, 2007 until
      his
      resignation as of February 4, 2008.





**Plan
      of Operations**





In
      connection with a change of control that occurred on December 18, 2007, we
      changed our name from “Amecs Inc.” to “4C Controls Inc.” on February 12, 2008.
      Our trading symbol on the over-the-counter bulletin board changed to
      FOUR.





On
      February 6, 2008, Mr. Gerald Sullivan was appointed as the Chief Financial
      Officer and interim President and Chief Executive Officer of the Company. On
      February 6, 2008 Ms. Barbara Salz was appointed as Corporate Secretary. As
      of
      March 31, 2008 the Company’s Board of Directors consisted of Dr. Riccardo
      Maggiora who was appointed to fill a vacancy on the Board of Directors on
      December 18, 2007 and Dr. Augustine Fou who was appointed to fill a vacancy
      on
      the Board of Directors on February 6, 2008. Subsequent to the period covered
      by
      this Report, Mr. Jean-Robert Martin was appointed to fill a vacancy on the
      Board
      of Directors, effective April 29, 2008, and was appointed to serve as Chairman
      of the Board of Directors.





On
      March
      3, 2008, the Company announced a change in its business model. The Company
      now
      intends to pursue a new business model on the basis of international security,
      surveillance, satellite, satellite images and access controls technology. The
      Company intends to create strategic affiliations with leading international
      security and surveillance enterprises serving security markets worldwide and
      establish an ability to design, manage and integrate state-of-the-art high
      technology security solutions with comprehensive and fully integrated service
      offerings. The Company anticipates acquiring technologies and large global
      distribution networks primarily in the market sectors of (1) electronic
      surveillance and global access control markets; and (2) low-orbit high
      resolution satellite images and satellites technologies.




12


In
      order
      to commence its new business model, the Company has made a first tranch
      investment of AUD $1 million (approximately US $940,900) in BQT Solutions
      Limited (“BQT Solutions”), an Australian corporation. The payment for the
      investment was made on behalf of the Company by Rudana. On March 3, 2008, the
      Company entered into a Securities Purchase Agreement with the BQT Group (as
      defined below). Under the original terms of this agreement, it was intended
      that
      the total value of the Company’s investment in BQT Solutions would be AUD$24
      million (approximately US$21.6 million) of which AUD$4 million was intended
      to
      be directly invested in BQT Solutions, AUD$14 million (approximately US$12.6
      million) in BQT Satellites Ltd (“BQT Satellites”) and AUD$6 million
      (approximately US$5.6 million) in BQT Intelligent Security Systems Pty Ltd
      (“BQT
      Security,” and together with BQT Solutions and BQT Satellites, the “BQT Group”).
      Subsequent to the period covered by this Report, on May 1, 2008, the Company
      entered into an Amended and Restated Securities Purchase Agreement with the
      BQT
      Group (the “Amended and Restated Securities Purchase Agreement”). The Company’s
      investment in BQT Solutions has been amended to AUD$18 million. Subject to
      approval of the Amended and Restated Securities Purchase Agreement by the
      Shareholders of BQT Solutions Limited, the Company will continue its
      subscription for 20 million ordinary shares of BQT Solutions and be granted
      options for the issuance of an additional 9.5 million shares of BQT Solutions,
      which shares will become exercisable after a planned 7-to-1 reverse split of
      the
      common stock of BQT Solutions. Following the approval of BQT Solutions’
shareholders, the Company expects to purchase the 20 million ordinary shares
      of
      BQT Solutions for a total of AUD$4 million, out of which AUD$1 million was
      previously paid to BQT Solutions. As of the period covered by this Report the
      Company owns less than 2% of the issued and outstanding shares of BQT Solutions.
      The Company will account for the acquisition of the BQT Solutions shares as
      held
      for investment purposes. The Company expects to continue its commitment to
      subscribe for the purchase of shares of BQT Satellites for AUD$14 million.
      In
      exchange, the Company will own 40% of the share capital of BQT Satellites.





The
      Company’s investments in the BQT Group and the strategic alliance transactions
      contemplated by the Amended and Restated Securities Purchase Agreement require
      approval by the BQT Solutions shareholders. BQT Solutions expects to solicit
      approval from its shareholders during the second quarter 2008. If the Company
      does not obtain approval from the shareholders of BQT Solutions, the Company
      nonetheless intends to pursue its new business model with other acquisitions.
      Rudana, the majority shareholder of the Company, has undertaken to provide
      4C
      Controls with the funds required to complete the Company’s strategic alliance
      financing investments in BQT Solutions.





The
      Company plans to position itself as a leading international security,
      surveillance, satellite, satellite images and access controls technology group
      serving security markets worldwide. The Company’s aim is to achieve the global
      superiority through cutting edge technology and industrial development, offering
      diverse and integrated solutions.





The
      Company’s strategy focuses on technology as the key driver of growth in the
      security market as the market shifts towards more integrated security solutions
      including:





•
            offering
                high technology security integrated solutions providing real-time
                early
                warning and reduction of time scales from threat-detection to termination
                in the field;





•
            planning
                strategic mergers and acquisitions in the global security industry
                to
                ensure fast access to the industry and strengthen its ability to
                design,
                manage and integrate cutting edge technological security solutions
                and
                achieve a comprehensive service offering;
                and





•
            primarily
                focusing on acquisition of technologies and large distribution networks
                in
                the following market sectors:





·
            Electronic
                Surveillance and Access Control Markets: Biometric, Radio Frequency
                identification (“RFID”), Real Time Locating Systems (“RTLS”) and
                closed-circuit television (“CCTV”);·
            High
                Resolution Low Equatorial Synthetic Aperture Radar (“SAR”)
                Satellites;·
            Ground
                stations for Satellite Images; and·
            High
                performance ground radars for intrusion
                detection.





The
      Company’s strategy is to diversify and expand its activities in the
      international security, surveillance, satellite, satellite images and access
      controls technology sectors. This strategy is expected to involve hiring of
      senior management with expertise in the selected expansion sectors, particularly
      the commercial segment. The Company expects to conduct its expansion plan as
      follows:





The
      Company intends to focus on commercializing an access control systems and
      support sales of biometrics, smart card readers, CCTV cameras and customized
      solutions for selected key clients. Access control management systems are
      sophisticated, intelligent and cost effective security applications that provide
      movement and access controls within a facility.





The
      Company’s satellite plan intends to focus on design, building and operation of
      small SAR satellites dedicated for earth observation and surveillance. The
      Company has established an alliance with Politechnico di Torino (“Polito”), one
      of the leading European technology and scientific research institutes. The
      alliance is presently conducted with BQT Polito Space Technologies SPA (“BP
      Space”), an Italian private stock company.




13




The
      Company also intends to establish satellite ground stations at commercially
      attractive locations for receiving, processing and analyzing high and medium
      resolution satellite images.  The Company expects to enter into strategic
      alliance agreements regarding the operation of the satellite ground stations.
      The Company is only in the formative stage of planning for this
      business segment and has not yet established any ground stations or entered
      into any strategic alliances with respect to operation of the planned ground
      stations.





The
      Company is negotiating the acquisition from Polito of technologies in the field
      of intrusion detection systems, radar systems for border and pipeline
      surveillance, RFID and RTLS for monitoring and surveillance. The Company is
      also
      negotiating the acquisition of a highly qualified manufacturer of security
      and
      surveillance products. The completion of this acquisition is expected to provide
      the Company with manufacturing capability for the technologies expected to
      be
      licensed from Polito.





**Revenues**





During
      the quarter ended March 31, 2008, the Company had no revenues.





**Research
      and Development**





The
      Company has not yet determined its anticipated spending on research and
      development activities for the year ending December 31, 2008. Research and
      development efforts are expected to be conducted by our strategic alliance
      and
      joint venture partners, including the Politechnico di Torino, in Torino,
      Italy.





**Plant
      and Equipment**





The
      Company has not yet determined its anticipated spending on plant and equipment
      for the year ending December 31, 2008.





**Employees**





Upon
      the
      resignation of Alexei Gavriline as our Company’s President and Chief Executive
      Officer on December 18, 2007, Mr. Sharif Rehuman was appointed President and
      Chief Executive Officer. Mr. Rehuman resigned as President and Chief Executive
      Officer as of February 4, 2008. On February 6, 2008, Gerald Sullivan was
      appointed as the Chief Financial Officer and interim President and Chief
      Executive Officer. As of March 31, 2008, our only employees were Mr. Sullivan,
      who is the Chief Financial Officer and interim President and Chief Executive
      Officer, and Barbara Salz, Corporate Secretary, each of whom serve on a
      part-time basis. The Company has not yet determined its anticipated employee
      and
      staff needs for the year ending December 31, 2008.




14


**Liquidity
      and capital resources**





During
      the quarter ended March 31, 2008 and to date, the primary source of capital
      has
      been loans from existing shareholders, and equity sales. Our operations to
      date
      have consumed substantial amounts of cash.  Our negative cash flow
      from operations is expected to continue and to accelerate in the foreseeable
      future as the Company invests in capital expenditures including production
      facilities.





As
      of the
      date of this Report, we have not yet generated any revenues from our business
      operations. Since inception, the Company has incurred total expenses of
      $367,465, including total expenses of $176,119 during the three months ended
      March 31, 2008.





We
      will
      need to raise additional capital to implement our new business plan and continue
      operations. We are seeking alternative sources of financing, through private
      placement of securities and loans from our shareholders in order for us to
      maintain our operations. We cannot guarantee that we will be successful in
      raising additional cash resources for our operations or that we will stay in
      business after our new business plan has commenced.





Our
      consolidated cash balance at March 31, 2008 was $25,838. As of March 31, 2008,
      our total assets (consisting of cash on hand and investment in BQT Solutions,
      Ltd.) were $966,738 and our total liabilities were $270,036. Our working capital
      deficiency as of March 31, 2008 was $244,198.





The
      Company has issued a warrant to Arimathea Limited in consideration for
      international corporate development services rendered on behalf of the Company.
      Assuming exercise in full of the warrant by Arimathea, the Company would realize
      approximately $70 million in proceeds. The warrant is exercisable for the
      purchase of 20 million shares of Company restricted common stock at an exercise
      price of US$3.45 per share, which was the closing publicly traded market price
      of the Company’s common stock on March 25, 2008, the date immediately preceding
      the date of grant of the warrant. The Arimathea warrant will vest and become
      exercisable in three equal tranches upon the following events: (i) closing
      of
      the Company’s BQT Group investments; (ii) closing of the first contract for the
      sale of a satellite by BQT Satellites; and (iii) closing of the second contract
      for the sale of a satellite by BQT Satellites. Under the terms of its warrant,
      Arimathea will not be permitted to exercise and own more than 4.9% of the
      Company’s Common Stock at any given time. The Arimathea Warrant does not contain
      any call provisions and there is no obligation on the part of Arimathea to
      exercise its warrant at any time. As a result of the contingent nature of
      the vesting of the Arimathea warrant, no expense has been
      recognized.





**Off
      Balance Sheet Arrangements**





The
      Company does not have any off balance sheet arrangements that have or are
      reasonably likely to have a current or future effect on the Company's financial
      condition, changes in financial condition, revenues or expenses, results of
      operations, liquidity, capital expenditures or capital resources.


**ITEM
                  3.**
              **QUANTITATIVE
                  AND QUALITATIVE DISCLOSURES ABOUT MARKET
                  RISK**
 
 Not
        Applicable.
  **ITEM
                  4T.**
              **CONTROLS
                  AND PROCEDURES**
 As
        of the
        end of the period covered by this report, the Company carried out, under
        the
        supervision and with the participation of the Company’s management, including
        its Chief Executive Officer and Chief Financial Officer, an evaluation of
        the
        effectiveness of the design and operation of the Company’s disclosure controls
        and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Securities
        Exchange Act of 1934) in ensuring that information required to be disclosed
        by
        the Company in its reports is recorded, processed, summarized and reported
        within the required time periods. In carrying out that evaluation, management
        identified a material weakness (as defined in Public Company Accounting
        Oversight Board Standard No. 2) in our internal control over financial
        reporting.




The
      material weakness identified by Management consisted of inadequate staffing
      and
      supervision within the bookkeeping and accounting operations of the Company.
      The
      relatively small number of employees who have bookkeeping and accounting
      functions prevents us from segregating duties within the Company’s internal
      control system. The inadequate segregation of duties is a weakness because
      it
      could lead to the untimely identification and resolution of accounting and
      disclosure matters or could lead to a failure to perform timely and effective
      reviews. Accordingly, based on their evaluation of the Company’s disclosure
      controls and procedures as of March 31, 2008, the Company’s Chief Executive
      Officer and its Chief Financial Officer have concluded that, as of that date,
      the Company’s controls and procedures were not effective for the purposes
      described above. The Company intends to take steps to remediate such procedures
      as soon as reasonably possible.





There
      was
      no change in the Company’s internal control over financial reporting (as defined
      in Rule 13a-15(f) and 15d-15(f) under the Securities Exchange Act of 1934)
      during the quarter ended March 31, 2008 that has materially affected or is
      reasonably likely to materially affect the Company’s internal control over
      financial reporting.




15


**PART
      II.**  **OTHER
      INFORMATION**




**ITEM
      1.**  **LEGAL
      PROCEEDINGS**




The
      Company is not, and has not been during the period covered by this Report,
      a
      party to any legal proceedings.





**ITEM
      2:**  **UNREGISTERED
      SALES OF EQUITY SECURITIES AND USE OF PROCEEDS**




On
      March
      7, 2008, the Company entered into a Subscription Agreement (the “Subscription
      Agreement”) with Rudana Investment Group AG (“Rudana”). Prior to entering into
      the Subscription Agreement, Rudana owned 35 million of the Company’s 42,053,550
      issued and outstanding shares of common stock.  Pursuant to the
      Subscription Agreement, Rudana has purchased 470,450 shares of the Company’s
      common stock (the “Common Stock”) and warrants (the “Warrants”) exercisable for
      the purchase of 117,613 shares of the Company’s common stock for $940,900. The
      Warrants will become exercisable on March 3, 2009, and will expire on March
      3,
      2018. The Warrants will be exercisable at a price of $.25 per share. After
      giving effect to this transaction, Rudana will own 35,588,063 shares of the
      Company’s common stock, including the shares underlying the Warrants.  The
      Common Stock and Warrants were sold to Rudana, a non-U.S. person, in reliance
      upon the exemption from securities registration of Regulation S of the U.S.
      Securities Act of 1933, as amended, and the rules and regulations promulgated
      thereunder. The Company has utilized the proceeds of this transaction for
      purposes of commencement of the Company’s new business model.




**ITEM
      3:**  **DEFAULTS
      UPON SENIOR SECURITIES**





Not
      Applicable.




**ITEM
      4:**  **SUBMISSION
      OF MATTERS TO A VOTE OF SECURITY HOLDERS**




No
      matters were submitted to the vote of the Company’s security holders during the
      period covered by this Report.




**ITEM
      5:**  **OTHER
      INFORMATION**





**Shareholder
      Loans**





On
      March
      12, 2008 the Company received a loan in the amount of One Hundred Thousand
      Dollars ($100,000.00) from Rudana, the Company’s majority shareholder (the
“First Shareholder Loan”). The Company will use the proceeds from the First
      Shareholder Loan for general corporate purposes. The First Shareholder Loan
      has
      an interest rate of seven and a half percent (7.5%) per annum, which together
      with the principal amount shall be repayable thirty (30) days after demand
      by
      Rudana. In connection with the First Shareholder Loan, the Company executed
      a
      note setting forth the terms thereof. The First Shareholder Loan was approved
      by
      the Company’s Board of Directors.





On
      April
      11, 2008 the Company received a loan in the amount of Sixty-One Thousand Dollars
      ($61,000.00) from Rudana, the Company’s majority shareholder (the “Second
      Shareholder Loan”). The Company will use the proceeds from the Second
      Shareholder Loan for general corporate purposes. The Second Shareholder Loan
      has
      an interest rate of seven and a half percent (7.5%) per annum, which together
      with the principal amount shall be repayable thirty (30) days after demand
      by
      Rudana. In connection with the Second Shareholder Loan, the Company executed
      a
      note setting forth the terms thereof. The Second Shareholder Loan was approved
      by the Company’s Board of Directors.





**Payment
      of Stockholder’s Legal Fees**





On
      January 17, 2008, the Company’s Board of Directors determined that it was in the
      best interests of the Company that, in consideration for certain corporate
      development introductions made by Rudana Investment Group AG (“Rudana”), the
      Company’s majority shareholder, the Company pay for the legal representation
      fees, costs, expenses and disbursements incurred by Rudana in connection with
      the acquisition of Rudana’s equity interest in the Company and for
      corporate development activities undertaken by Rudana on behalf of the Company.
      The Company paid $6,515.35 for Rudana’s legal fees in such regard.




16


**ITEM
      6.**  **EXHIBITS**




**Exhibit**
            **Description**3.4
            Articles
                of Incorporation, as amended, incorporated by reference to Exhibit
                3.4 to
                the Company’s Report on Form 10-Q, filed with the Securities and Exchange
                Commission on May 15, 2008.10.2
            Subscription
                Agreement, by and between the Company and Rudana Investment Group
                AG,
                dated as of March 7, 2008, incorporated by reference to Exhibit 10.2
                to
                the Company’s Report on Form 10-Q, filed with the Securities and Exchange
                Commission on May 15, 2008.10.3
            Promissory
                Note issued by the Company to Rudana Investment Group AG, dated as
                of
                March 12, 2008, incorporated by reference to Exhibit 10.3 to the
                Company’s
                Report on Form 10-Q, filed with the Securities and Exchange Commission
                on
                May 15, 2008.10.4
            Common
                Stock Purchase Warrant issued to Arimathea Limited, dated March 25,
                2008,
                incorporated by reference to Exhibit 10.4 to the Company’s Report on Form
                10-Q, filed with the Securities and Exchange Commission on May 15,
                2008.10.5
            Promissory
                Note issued by the Company to Rudana Investment Group AG, dated as
                of
                April 11, 2008, incorporated by reference to Exhibit 10.5 to the
                Company’s
                Report on Form 10-Q, filed with the Securities and Exchange Commission
                on
                May 15, 2008.10.6
            Director’s
                Agreement by and between the Company and Jean-Robert Martin, dated
                as of
                April 29, 2008, incorporated by reference to Exhibit 10.6 to the
                Company’s
                Report on Form 10-Q, filed with the Securities and Exchange Commission
                on
                May 15, 2008.10.7
            Director’s
                Agreement by and between the Company and Augustine Fou, dated as
                of April
                30, 2008, incorporated by reference to Exhibit 10.7 to the Company’s
                Report on Form 10-Q, filed with the Securities and Exchange Commission
                on
                May 15, 2008.10.8
            Amended
                & Restated Securities Purchase Agreement by and between BQT Solutions
                Limited, BQT Satellites Limited and BQT Security Systems Pty Ltd,
                dated as
                of May 1, 2008, incorporated by reference to Exhibit 10.8 to the
                Company’s
                Report on Form 10-Q, filed with the Securities and Exchange Commission
                on
                May 15, 2008.31.1
            Certification
                of Principal Executive Officer pursuant to Section 302 of the
                Sarbanes-Oxley Act of 2002.31.2
            Certification
                of Principal Financial Officer pursuant to Section 302 of the
                Sarbanes-Oxley Act of 2002.32.1
            Certification
                of the Principal Executive Officer pursuant to 18 U.S.C. Section
                1350, as
                adopted  pursuant to Section 906 of the Sarbanes-Oxley Act of
                2002.32.1
            Certification
                of the Principal Financial Officer pursuant to 18 U.S.C. Section
                1350, as
                adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
                2002.





17




**SIGNATURES**





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




**4C
                CONTROLS INC.**By:
            /s/
                Olivier de VergniesName:
                  Olivier de Vergnies
              Title:    
                Chief Executive OfficerBy:
            /s/
                Gerald SullivanName:
                  Gerald Sullivan
              Title:    
                Chief Financial Officer





Dated:
      November 24, 2008




18