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| x | ANNUAL      REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|---|------------------------------------------------------------------------------------------|

| o | TRANSITION      REPORT UNDER SECTION13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|---|---------------------------------------------------------------------------------------------|

| NEVADA(State      or other jurisdiction of incorporation or organization) |   | 20-4754291(I.R.S.      Employer Identification No.) |
|---------------------------------------------------------------------------|--------|-----------------------------------------------------|

| Large      accelerated filer  o        | Accelerated      filer  o | Non-accelerated      filer  o        | Smaller      reporting company  x |
|--------------------------------------------------|--------------------------------|------------------------------------------------|----------------------------------------|

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ITEM 9A.   CONTROLS ANDPROCEDURES.

  Ourmanagement has assessed the effectiveness of our internal control over financialreporting as of December 31, 2007.  To make this assessment, we usedthe criteria for effective internal control over financial reporting describedin Internal Control –Integrated Framework, issued by the Committee of Sponsoring Organizationsof the Treadway Commission.  Based on such assessment, our ChiefExecutive Officer and Chief Financial Officer concluded that, as ofDecember 31, 2007, we were not effective in maintaining (i) disclosurecontrols and procedures and (ii) internal control over financial reporting.

|   ●     | Before      each report is prepared, we will review the SEC’s website in an effort to      determine any recent changes in the laws affecting our disclosure      obligations. |
|---------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   ●     | As      each report is prepared, we will discuss with our independent consultants      who assist us in the preparation of the reports and financial statements      included within the reports whether they are aware of any recent changes      in the laws affecting our disclosure  obligations. |
|---------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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ITEM 15.   EXHIBITS.

| Exhibit      No. |   | Description                                                                                                                                                                                                                                                                             |
|------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.1              |   | Articles      of Incorporation of Biosolar Labs, Inc. filed with the Nevada      Secretary of State on April 24, 2006. ( Incorporated by reference to the      Company’s Registration Statement on Form SB-2 filed with the SEC on      November 22, 2006)                   |
|             |   |                                                                                                                                                                                                                                                                                    |
| 3.2              |   | Articles      of Amendment of Articles of Incorporation of Biosolar Labs, Inc. filed      with the Nevada Secretary of State on May 25, 2006.( Incorporated by      reference to the Company’s Registration Statement on Form SB-2 filed with      the SEC on November 22, 2006)  |
|             |   |                                                                                                                                                                                                                                                                                    |
| 3.3              |   | Articles      of Amendment of Articles of Incorporation of Biosolar Labs, Inc. filed      with the Nevada Secretary of State on June 8, 2006. ( Incorporated by      reference to the Company’s Registration Statement on Form SB-2 filed with      the SEC on November 22, 2006) |
|             |   |                                                                                                                                                                                                                                                                                    |
| 3.4              |   | Bylaws      of Biosolar, Inc.( Incorporated by reference to the Company’s Registration      Statement on Form SB-2 filed with the SEC on November 22,      2006)                                                                                                                  |

| 10.1   |   | Form      of Subscription Agreement dated as of May 26, 2006. ( Incorporated by      reference to the Company’s Registration Statement on Form SB-2 filed with      the SEC on November 22, 2006)     |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                        |
| 10.2   |   | Form      of Subscription Agreement dated as of July 17, 2006. ( Incorporated by      reference to the Company’s Registration Statement on Form SB-2 filed with      the SEC on November 22, 2006)    |
|   |   |                                                                                                                                                                                                        |
| 10.3   |   | Form      of Subscription Agreement dated as of October 11, 2006. ( Incorporated by      reference to the Company’s Registration Statement on Form SB-2 filed with      the SEC on November 22, 2006) |
|   |   |                                                                                                                                                                                                        |
| 14.1   |   | Code      of Ethics (filed herewith)                                                                                                                                                                        |
|   |   |                                                                                                                                                                                                        |
| 31.1   |   | Certification      by Chief Executive Officer and Acting Chief Financial Officer pursuant to      Sarbanes-Oxley Section 302 (filed herewith).                                                              |
|   |   |                                                                                                                                                                                                        |
| 32.1   |   | Certification      by Chief Executive Officer and Acting Chief Financial Officer pursuant to      18 U.S.C. Section 1350 (filedherewith).                                                                   |

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|   |   |   | Biosolar,      Inc.                                                                                                                                    |
|--------|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |   |                                                                                                                                                   |
|   |   |   |                                                                                                                                                   |
|   |   |   | By:                                                                                                                                                    | /s/      David Lee |   |
|   |   |   | CHIEF      EXECUTIVE OFFICER(PRINCIPAL      EXECUTIVE OFFICER) ANDACTING      CHIEF FINANCIAL OFFICER(PRINCIPAL      ACCOUNTING AND FINANCIAL OFFICER) |

| SIGNATURE            |   | TITLE                                                                                                |   | DATE                          |
|----------------------|--------|------------------------------------------------------------------------------------------------------|--------|-------------------------------|
|                 |   |                                                                                                 |   |                          |
|                 |   |                                                                                                 |   |                          |
| /S/ DAVID LEE        |   | CHIEF      EXECUTIVE OFFICER                                                                         |   | September      22, 2008       |
| DAVID      LEE  |   | (PRINCIPAL      EXECUTIVE OFFICER),ACTING      CHIEF FINANCIAL OFFICER(PRINCIPAL      ACCOUNTING AND |   |                          |
|                 |   | FINANCIAL      OFFICER) AND                                                                          |   |                          |
|                 |   | CHAIRMAN      OF THE BOARD                                                                           |   |  September      22, 2008 |
|                 |   |                                                                                                 |   |                          |

| /S/ DENNIS LEPON        |   | DIRECTOR |   | September      22, 2008 |
|-------------------------|--------|----------|--------|-------------------------|
| DENNIS      LEPON  |   |     |   |                    |