----

----

| [X]    | QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934                                     |
|--------|-----------------------------------------------------------------------------------------------------------------------|
|   | For the quarterly period ended September 30, 2010                                                                     |
|   |                                                                                                                  |
| [ ]    | TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934                                    |
|   |             For the transition period from _____ to _____ |

|                   Nevada                    |            16-1583162           |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------|
| (State or Other Jurisdiction of                                                                                                                                                                                                 | (I.R.S. Employer I.D. No.)                                                                                                          |
| incorporation or organization)                                                                                                                                                                                                  |                                                                                                                                |

----

|   | · | restate statutory reserves with a corresponding adjustment to retained earnings on the balance sheets; |
|--------|--------|--------------------------------------------------------------------------------------------------------|

|   | · | reclassify interest payments on construction loans on our statement of cash flows for the nine months ended September 30, 2009; |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------|

|   | · | restate our statements of income and comprehensive income to correct various immaterial errors of calculation; |
|--------|--------|----------------------------------------------------------------------------------------------------------------|

|   | · | restate the disclosure in Note 2 to the Unaudited Condensed Consolidated Financial Statements of the impact of the restatement on our financial statements for nine months ended September 30, 2009; |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | modify Note 4 to the Unaudited Condensed Consolidated Financial Statements; |
|--------|--------|-----------------------------------------------------------------------------|

|   | · | modify Note10 to the Unaudited Condensed Consolidated Financial Statements; and |
|--------|--------|---------------------------------------------------------------------------------|

|   | · | make corresponding changes to the Management’s Discussion |
|--------|--------|-----------------------------------------------------------------|

----

|       |   |                                                                                                                                         | Page No |
|------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------|---------|
| Part I     |   | Financial Information                                                                                                                        |    |
| Item 1.    |   | Unaudited Financial Statements :                                                                                                             |    |
|       |   | Condensed Consolidated Balance Sheet – September 30, 2010 and December 31, 2009                                                        | 2       |
|       |   | Condensed Consolidated Statements of Income and Comprehensive Income – for the Three and Nine Months Ended September 30, 2010 and 2009 | 3       |
|       |   | Condensed Consolidated Statements of Cash Flows – for the Nine Months Ended September 30, 2010 and 2009                                | 4       |
|       |   | Notes to Condensed Consolidated Financial Statements                                                                                         | 5       |
| Item 2.    |   | Management’s Discussion and Analysis of Financial Condition and Results of Operations                                                  | 24      |
| Item 3     |   | Quantitative and Qualitative Disclosures about Market Risk                                                                                   | 28      |
| Item 4T    |   | Controls and Procedures                                                                                                                      | 28      |
| Part II    |   | Other Information                                                                                                                            |    |
| Item 1.    |   | Legal Proceedings                                                                                                                            | 28      |
| Items 1A.  |   | Risk Factors                                                                                                                                 | 29      |
| Item 2.    |   | Unregistered Sales of Equity Securities and Use of Proceeds                                                                                  | 29      |
| Item 3.    |   | Defaults upon Senior Securities                                                                                                              | 29      |
| Item 4.    |   | Reserved                                                                                                                                     | 29      |
| Item 5.    |   | Other Information                                                                                                                            | 29      |
| Item 6.    |   | Exhibits                                                                                                                                     | 29      |
| Signatures |   |

----

| EASTERN ENVIRONMENT SOLUTIONS, CORP. AND SUBSIDIARIES                                                                                                   |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| CONDENSED CONSOLIDATED BALANCE SHEETS                                                                                                                   |   |
|                                                                                                                                                    |   |   |   |   |   |   |
|                                                                                                                                                    |   |   |   |   |   |   |
|                                                                                                                                                    |   | September 30, |   |   | December 31, |   |
|                                                                                                                                                    |   | 2010 |   |   | 2009 |   |
|                                                                                                                                                    |   | (Restated) |   |   | (Restated) |   |
| ASSETS                                                                                                                                                  |
| Current assets:                                                                                                                                         |   |   |   |   |   |   |
| Cash and cash equivalents                                                                                                                               |   | $ | 4,310,160 |   |   | $ | 428,052 |   |
| Accounts receivable                                                                                                                                     |   |   | 6,119,391 |   |   |   | 4,253,203 |   |
| Inventory                                                                                                                                               |   |   | 56,662 |   |   |   | 42,650 |   |
| Other receivables                                                                                                                                       |   |   | 1,242 |   |   |   | 440,208 |   |
| Loans to related parties                                                                                                                                |   |   |   |   |   |   | 42,828 |   |
|                                                                                                                                                    |   |   | 10,487,455 |   |   |   | 5,206,941 |   |
|                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Property and equipment, net of accumulated depreciation of $57,439 and $44,360, respectively                                                            |   |   | 114,518 |   |   |   | 124,175 |   |
|                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Landfill development costs, net of amortization of $3,395,156 and $2,423,871, respectively                                                         |   |   | 7,855,552 |   |   |   | 8,232,899 |   |
|                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Deferred tax assets                                                                                                                                     |   |   | 85,863 |   |   |   | - |   |
|                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Total Assets                                                                                                                                            |   | $ | 18,543,388 |   |   | $ | 13,564,015 |   |
|                                                                                                                                                    |   |   |   |   |   |   |   |   |
| LIABILITIES AND STOCKHOLDERS' EQUITY                                                                                                                    |
|                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Current liabilities:                                                                                                                                    |   |   |   |   |   |   |   |   |
| Bank loan payable - current portion                                                                                                                     |   | $ | 1,027,004 |   |   | $ | 966,592 |   |
| Accounts payable                                                                                                                                        |   |   | 826 |   |   |   | 810 |   |
| Deferred tax liability                                                                                                                                  |   |   | - |   |   |   | 10,631 |   |
| Taxes payable                                                                                                                                           |   |   | 453,129 |   |   |   | 174,375 |   |
| Accrued expenses and other payables                                                                                                                     |   |   | 73,776 |   |   |   | 92,192 |   |
|                                                                                                                                                    |   |   | 1,554,735 |   |   |   | 1,244,600 |   |
|                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Long-term liabilities:                                                                                                                                  |   |   |   |   |   |   |   |   |
| Bank loan payable - net of current portion                                                                                                              |   |   | 302,060 |   |   |   | 1,087,416 |   |
|                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Total Liabilities                                                                                                                                       |   |   | 1,856,795 |   |   |   | 2,332,016 |   |
|                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Commitments and Contingencies                                                                                                                           |   |   |   |   |   |   |   |   |
|                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Stockholders' Equity                                                                                                                                    |   |   |   |   |   |   |   |   |
| Common stock, $0.0001 par value, 100,000,000 shares authorized; 14,970,186 shares issued and outstanding as of September 30, 2010 and December 31, 2009 |   |   | 1,497 |   |   |   | 1,497 |   |
| Additional paid-in-capital                                                                                                                              |   |   | 4,096,880 |   |   |   | 3,836,165 |   |
| Accumulated other comprehensive income                                                                                                                  |   |   | 1,906,040 |   |   |   | 1,717,131 |   |
| Statutory reserves                                                                                                                                      |   |   | 1,068,218 |   |   |   | 567,721 |   |
| Retained earnings - Unappropriated                                                                                                                      |   |   | 9,613,958 |   |   |   | 5,109,485 |   |
| Total Stockholders' Equity                                                                                                                              |   |   | 16,686,593 |   |   |   | 11,231,999 |   |
|                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Total Liabilities and Stockholders' Equity                                                                                                              |   | $ | 18,543,388 |   |   | $ | 13,564,015 |   |

----

| EASTERN ENVIRONMENT SOLUTIONS, CORP. AND SUBSIDIARIES                |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |
|----------------------------------------------------------------------|--------------------------------------------|--------|-----------|-------------------------|---------------------------------|--------|------------|----------------------------------|-----------|--------|------------|------------|
| CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME |                                       |   |      |                    |                            |   |       |                             |      |   |
|                                                                 |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |   |   |   |
|                                                                 |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |   |   |   |
|                                                                 |                                       |   |      |                    | NINE MONTHS ENDED SEPTEMBER 30, |   |       | THREE MONTHS ENDED SEPTEMBER 30, |      |
|                                                                 |                                       |   |      |                    | 2010                            |   |       | 2009                             |      |   | 2010       |       |   | 2009 |   |
|                                                                 |                                       |   |      |                    | (Restated)                      |   |       | (Restated)                       |      |   | (Restated) |       |   | (Restated) |   |
| Revenues                                                             |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |   |   |
|                                                                 |                                       | -      |      | Landfill disposal fees  |                            | $      | 3,530,736  |                             |      | $      | -          |       |   | $ | 1,221,208 |   |   | $ | - |   |
|                                                                 |                                       | -      |      | PET bottle sales        |                            |   | 7,959,964  |                             |      |   | -          |       |   |   | 3,437,986 |   |   |   | - |   |
|                                                                 |                                       | -      |      | Landfill minimum fees   |                            |   | -          |                             |      |   | 1,342,554  |       |   |   | - |   |   |   | 452,533 |   |
|                                                                 |                                       |   |      |                    |                            |   | 11,490,700 |                             |      |   | 1,342,554  |       |   |   | 4,659,194 |   |   |   | 452,533 |   |
| Cost of Revenues                                                     |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |   |   |   |   |   |
|                                                                 |                                       |   |      | Landfill disposal fee's |                            |   | 1,133,679  |                             |      |   | -          |       |   |   | 393,719 |   |   |   | - |   |
|                                                                 |                                       |   |      | PET bottle sales        |                            |   | 4,173,824  |                             |      |   | -          |       |   |   | 1,908,896 |   |   |   | - |   |
|                                                                 |                                       |   |      | Landfill minimum fee's  |                            |   | -          |                             |      |   | -          |       |   |   | - |   |   |   | - |   |
|                                                                 |                                       |   |      |                    |                            |   | 5,307,503  |                             |      |   | -          |       |   |   | 2,302,615 |   |   |   | - |   |
|                                                                 |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |   |   |   |   |   |   |   |   |
| Gross Profit                                                         |                                       |   |      |                    | 6,183,197                       |   |       |                             | 1,342,554 |   |       |       | 2,356,579 |   |   |   | 452,533 |   |
|                                                                 |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |   |   |   |   |   |   |   |   |
| Selling, general and administrative expenses                         |                                       |   | 449,504   |                    |                            |   | 498,226    |                             |      |   | 154,580    |       |   |   | 144,999 |   |
|                                                                 |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |   |   |   |   |   |   |   |   |
|                                                                 |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |   |   |   |   |   |   |   |   |
|                                                                 |                                       |   |      | Income from operations  |                            |   | 5,733,693  |                             |      |   | 844,328    |       |   |   | 2,201,999 |   |   |   | 307,534 |   |
|                                                                 |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |   |   |   |   |   |   |   |   |
| Other Income (expense)                                               |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |   |   |   |   |
|                                                                 | Interest income                            |   |      | 24,829                  |                            |   |       | 8,622                            |      |   |       | 1,282      |   |   |   | 471 |   |
|                                                                 | Interest expense                           |   |      | -                       |                            |   |       | (162,731                         | )         |   |       | -          |   |   |   | (51,570 | ) |
|                                                                 | Other expense                              |   |      | (42                     | )                               |   |       | -                                |      |   |       | 71         |   |   |   | - |   |
|                                                                 |                                       |   |      | Total other income, net |                            |   | 24,787     |                             |      |   | (154,109   | )          |   |   | 1,353 |   |   |   | (51,099 | ) |
|                                                                 |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |   |   |   |   |   |   |   |   |
| Income from Operations before Income Taxes                           |                                       |   | 5,758,480 |                    |                            |   | 690,219    |                             |      |   | 2,203,352  |       |   |   | 256,435 |   |
|                                                                 |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |   |   |   |   |   |   |   |   |
| Provision for Income Taxes                                           |                                       |   | 753,510   |                    |                            |   | 145,130    |                             |      |   | 284,325    |       |   |   | 51,551 |   |
|                                                                 |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |   |   |   |   |   |   |   |   |
| Net Income                                                           |                                       |   |      |                    | 5,004,970                       |   |       |                             | 545,089   |   |       |       | 1,919,027 |   |   |   | 204,884 |   |
|                                                                 |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |   |   |   |   |   |   |   |   |
| Other Comprehensive Income (loss) -                                  |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |   |   |   |   |
|                                                                 | Foreign currency translation Income (loss) |   |      | 188,908                 |                            |   |       | (21,671                          | )         |   |       | 184,793    |   |   |   | 3,333 |   |
|                                                                 |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |   |   |   |   |   |   |   |   |
| Comprehensive Income                                                 |                                       | $      | 5,193,878 |                    |                            | $      | 523,418    |                             |      | $      | 2,103,820  |       |   | $ | 208,217 |   |
|                                                                 |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |   |   |   |   |   |   |   |   |
|                                                                 |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |   |   |   |   |   |   |   |   |
| Basic and Diluted Income Per Share                                   |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |   |   |   |   |
|                                                                 | Basic                                      |   | $         | 0.41                    |                            |   | $          | 0.05                             |      |   | $          | 0.15       |   |   | $ | 0.02 |   |
|                                                                 | Diluted                                    |   | $         | 0.33                    |                            |   | $          | 0.04                             |      |   | $          | 0.13       |   |   | $ | 0.01 |   |
|                                                                 |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |   |   |   |   |   |   |   |   |
| Weighted Average Number of Common Shares Outstanding                 |                                       |   |      |                    |                            |   |       |                             |      |   |       |       |   |   |   |   |
|                                                                 | Basic                                      |   |      | 12,197,536              |                            |   |       | 11,319,984                       |      |   |       | 12,431,549 |   |   |   | 11,534,954 |   |
|                                                                 | Diluted                                    |   |      | 14,970,186              |                            |   |       | 14,970,186                       |      |   |       | 14,970,186 |   |   |   | 14,970,186 |   |

----

| EASTERN ENVIRONMENT SOLUTIONS, CORP. AND SUBSIDIARIES                                       |   |
|---------------------------------------------------------------------------------------------|--------|
| CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS                                             |   |
|                                                                                        |   |   |   |   |   |   |
|                                                                                        |   |   |   |   |   |   |
|                                                                                        |   |   |   |   |   |   |
|                                                                                        |   | NINE MONTHS ENDED SEPTEMBER 30, |   |
|                                                                                        |   | 2010 |   |   | 2009 |   |
|                                                                                        |   | (Restated) |   |   | (Restated) |   |
| Cash Flows From Operating Activities:                                                       |   |   |   |   |   |   |
| Net income                                                                                  |   | $ | 5,004,970 |   |   | $ | 545,089 |   |
| Adjustments to reconcile net income to net cash provided by (used in) operating activities: |   |   |   |   |   |   |   |   |
| Depreciation                                                                                |   |   | 13,079 |   |   |   | 12,231 |   |
| Amortization of development landfill costs                                                  |   |   | 943,778 |   |   |   | - |   |
| Amortization of stock-based compensation                                                    |   |   | 260,715 |   |   |   | 287,063 |   |
| Deferred income tax expense (benefit)                                                       |   |   | (96,494 | ) |   |   | 21,527 |   |
|                                                                                        |   |   |   |   |   |   |   |   |
| Changes in operating assets and liabilities:                                                |   |   |   |   |   |   |   |   |
| Accounts receivable                                                                         |   |   | (1,866,188 | ) |   |   | (1,342,325 | ) |
| Inventory                                                                                   |   |   | (14,012 | ) |   |   | 25,267 |   |
| Accounts payable                                                                            |   |   | 16 |   |   |   | (77 | ) |
| Taxes payable                                                                               |   |   | 278,754 |   |   |   | 123,589 |   |
| Accrued expenses and other payables                                                         |   |   | (18,416 | ) |   |   | (13,479 | ) |
|                                                                                        |   |   |   |   |   |   |   |   |
| Net cash provided by (used in) operating activities                                         |   |   | 4,506,202 |   |   |   | (341,115 | ) |
|                                                                                        |   |   |   |   |   |   |   |   |
| Cash Flows From Investing Activities:                                                       |   |   |   |   |   |   |   |   |
| Purchase of property and equipment                                                          |   |   | (4,290 | ) |   |   | - |   |
| Additions to construction in process                                                        |   |   | - |   |   |   | (42,281 | ) |
| Payment of interests for construction loan                                                  |   |   | (110,383 | ) |   |   | - |   |
| Payments on loans to unrelated party                                                        |   |   | - |   |   |   | (256,257 | ) |
| Proceeds from loans to unrelated party                                                      |   |   | 438,966 |   |   |   | - |   |
| Proceeds from loans to related party                                                        |   |   | 42,828 |   |   |   | 196,808 |   |
|                                                                                        |   |   |   |   |   |   |   |   |
| Net cash provided by (used in) investing activities                                         |   |   | 367,121 |   |   |   | (101,730 | ) |
|                                                                                        |   |   |   |   |   |   |   |   |
| Cash Flows From Financing Activities                                                        |   |   |   |   |   |   |   |   |
| Repayment of bank loan payable                                                              |   |   | (724,944 | ) |   |   | (72,494 | ) |
|                                                                                        |   |   |   |   |   |   |   |   |
| Net cash used in financing activities                                                       |   |   | (724,944 | ) |   |   | (72,494 | ) |
|                                                                                        |   |   |   |   |   |   |   |   |
| Effect of exchange rate changes on cash and cash equivalents                                |   |   | (266,272 | ) |   |   | (25,044 | ) |
|                                                                                        |   |   |   |   |   |   |   |   |
| Increase (decrease) in Cash and Cash Equivalents                                            |   |   | 3,882,107 |   |   |   | (540,383 | ) |
|                                                                                        |   |   |   |   |   |   |   |   |
| Cash and Cash Equivalents - Beginning of period                                             |   |   | 428,052 |   |   |   | 1,112,487 |   |
|                                                                                        |   |   |   |   |   |   |   |   |
| Cash and Cash Equivalents - End of period                                                   |   | $ | 4,310,160 |   |   | $ | 572,105 |   |
|                                                                                        |   |   |   |   |   |   |   |   |
| Supplemental Cash Flow Information:                                                         |   |   |   |   |   |   |   |   |
| Cash paid during the periods:                                                               |   |   |   |   |   |   |   |   |
| Interest expense                                                                            |   | $ | 110,383 |   |   | $ | 162,736 |   |
| Income taxes                                                                                |   | $ | 753,510 |   |   | $ | - |   |

----

|   | · | Phase 1 totals approximately 1.60 mil tons (below ground and 20.51% of total tonnage) |
|--------|--------|---------------------------------------------------------------------------------------|

|   | · | Phase 2 totals approximately 0.67 mil tons (below ground and 8.59% of total tonnage) |
|--------|--------|--------------------------------------------------------------------------------------|

|   | · | Phase 3 totals approximately 1.00 mil tons (below ground and 12.82% of total tonnage) |
|--------|--------|---------------------------------------------------------------------------------------|

|   | · | Phase 4 totals approximately 4.53 mil tons (above ground and 58.08% of total tonnage) |
|--------|--------|---------------------------------------------------------------------------------------|

----

|                            |   | September 30, 2010 |       |
|---------------------------------|--------|--------------------|------------|
|                            |   | As Previously      |       |   | As |   |
|                            |   | Reported           |       |   | Restated |   |
| Total Assets                    |   | $                  | 18,543,388 |   |   | $ | 18,543,388 |   |
| Landfill Development Costs, net |   |               | 7,855,552  |   |   |   | 7,855,552 |   |
| Fixed Assets, net               |   |               | 114,518    |   |   |   | 114,518 |   |
| Statutory Reserves              |   |               | 186,156    |   |   |   | 1,068,218 |   |
| Retained Earnings               |   | $                  | 10,496,020 |   |   | $ | 9,613,958 |   |

|                                         |   | For the three months ended |     | For the nine months ended |               |
|----------------------------------------------|--------|----------------------------|----------|---------------------------|--------------------|
|                                         |   | September 30, 2009         |     |                      | September 30, 2009 |   |
|                                         |   | As Previously              |     |                      | As                 |   |   | As Previously |   |   | As |   |
|                                         |   | Reported                   |     |                      | Restated           |   |   | Reported |   |   | Restated |   |
| Revenues                                     |   | $                          | 452,533  |                      |               | $ | 452,533 |   |   | $ | 1,342,554 |   |   | $ | 1,342,554 |   |
| Cost of revenues                             |   |                       | 65,611   |                      |               |   | - |   |   |   | 251,248 |   |   |   | - |   |
| Gross profit                                 |   |                       | 386,922  |                      |               |   | 452,533 |   |   |   | 1,091,306 |   |   |   | 1,342,554 |   |
| Selling, general and administrative expenses |   |                       | 137,015  |                      |               |   | 144,999 |   |   |   | 419,041 |   |   |   | 498,226 |   |
| Operating income                             |   |                       | 250,378  |                      |               |   | 307,534 |   |   |   | 680,887 |   |   |   | 844,328 |   |
| Interest expense                             |   |                       | -        |                      |               |   | (51,570 | ) |   |   | - |   |   |   | (162,731 | ) |
| Net income                                   |   | $                          | 206,030  |                      |               | $ | 204,884 |   |   | $ | 557,265 |   |   | $ | 545,089 |   |
|                                         |   |                       |     |                      |               |   |   |   |   |   | - |   |   |   |   |   |
| Comprehensive   income        |   | $                          | 210,436  |                      |               | $ | 208,217 |   |   | $ | 534,672 |   |   | $ | 523,418 |   |
|                                         |   |                       |     |                      |               |   |   |   |   |   |   |   |   |   |   |   |
| Income per share                             |   |                       |     |                      |               |   |   |   |   |   |   |   |   |   |   |   |
|    Basic                      |   | $                          | 0.01     |                      |               | $ | 0.02 |   |   | $ | 0.04 |   |   | $ | 0.05 |   |
|    Diluted                    |   | $                          | 0.01     |                      |               | $ | 0.01 |   |   | $ | 0.04 |   |   | $ | 0.04 |   |
|                                         |   |                       |     |                      |               |   |   |   |   |   |   |   |   |   |   |   |
|                                         |   |                       |     |                      |               |   |   |   |   |   |   |   |   |   |   |   |
|                                         |   |                       |     |                      |               |   |   |   |   |   |   |   |   |   |   |   |
|                                         |   | For the nine months ended  |     |                      |               |   |   |   |   |   |
|                                         |   | September 30, 2009         |     |                      |               |   |   |   |   |   |   |
|                                         |   | As Previously              |     |                      | As                 |   |   |   |   |   |   |   |   |   |
|                                         |   | Reported                   |     |                      | Restated           |   |   |   |   |   |   |   |   |   |
| Net cash used in operating activities        |   | $                          | (308,115 | )                         |               | $ | (341,115 | ) |   |   |   |   |   |   |   |   |
| Net cash used in investing activities        |   |                       | (247,313 | )                         |               |   | (101,730 | ) |   |   |   |   |   |   |   |   |
| Net cash used in financing activities        |   |                       | (72,494  | )                         |               |   | (72,494 | ) |   |   |   |   |   |   |   |   |
| Effect of exchange rate changes on cash      |   |                       |     |                      |               |   |   |   |   |   |   |   |   |   |   |   |
|    and cash equivalents       |   |                       | 87,540   |                      |               |   | (25,044 | ) |   |   |   |   |   |   |   |   |
| Decrease in cash and cash equivalents        |   |                       | (540,382 | )                         |               |   | (540,382 | ) |   |   |   |   |   |   |   |   |
| Cash and cash equivalents                    |   | $                          | 572,105  |                      |               | $ | 572,105 |   |   |   |   |   |   |   |   |   |

----

|                                                |   | For the three months ended June 30, 2009  |     |
|-----------------------------------------------------|--------|-------------------------------------------|----------|
|                                                |   | As Previously                             |     |   | As |   |
|                                                |   | Reported                                  |     |   | Restated |   |
|                                                |   |                                      |     |   |   |   |
| Revenue                                             |   | $                                         | 447,670  |   |   | $ | 447,670 |   |
| Cost of revenues                                    |   |                                      | 82,401   |   |   |   | - |   |
| Gross profit                                        |   |                                      | 365,269  |   |   |   | 447,670 |   |
| Selling, general and administrative expenses        |   |                                      | 144,397  |   |   |   | 169,560 |   |
| Operating income                                    |   |                                      | 220,872  |   |   |   | 278,110 |   |
| Interest expense                                    |   |                                      | 714      |   |   |   | 52,143 |   |
| Net income                                          |   | $                                         | 180,512  |   |   | $ | 178,457 |   |
|                                                |   |                                      |     |   |   |   |   |   |
| Comprehensive income                                |   | $                                         | 181,307  |   |   | $ | 178,531 |   |
|                                                |   |                                      |     |   |   |   |   |   |
| Net income per share                                |   |                                      |     |   |   |   |   |   |
|    Basic                             |   | $                                         | 0.02     |   |   | $ | 0.02 |   |
|    Diluted                           |   | $                                         | 0.01     |   |   | $ | 0.01 |   |
|                                                |   |                                      |     |   |   |   |   |   |
|                                                |   |                                      |     |   |   |   |   |   |
|                                                |   |                                      |     |   |   |   |   |   |
|                                                |   | For the Six Months Ended June 30, 2009    |     |
|                                                |   | As Previously                             |     |   | As |   |
|                                                |   | Reported                                  |     |   | Restated |   |
|                                                |   |                                      |     |   |   |   |   |   |
| Net Cash provided by (used) in operating activities |   | $                                         | (85,074  | ) |   | $ | (231,196 | ) |
| Net cash provided by (used) in investing activities |   |                                      | (319,110 | ) |   |   | (174,182 | ) |
| Net cash used in financing activities               |   |                                      | (48,330  | ) |   |   | (48,330 | ) |
| Effect of exchange rate changes on cash             |   |                                      |     |   |   |   |   |   |
|    and cash equivalents              |   |                                      | (24,173  | ) |   |   | (22,979 | ) |
| Decrease in cash and cash equivalents               |   |                                      | (476,687 | ) |   |   | (476,687 | ) |
| Cash and cash equivalents                           |   | $                                         | 635,801  |   |   | $ | 635,801 |   |
|                                                |   |                                      |     |   |   |   |   |   |
|                                                |   |                                      |     |   |   |   |   |   |
|                                                |   |                                      |     |   |   |
|                                                |   | For the Three Months Ended March 31, 2009 |     |
|                                                |   | As Previously                             |     |   | As |   |
|                                                |   | Reported                                  |     |   | Restated |   |
|                                                |   |                                      |     |   |   |   |   |   |
| Revenue                                             |   | $                                         | 442,345  |   |   | $ | 442,345 |   |
| Cost of revenues                                    |   |                                      | 103,218  |   |   | $ | - |   |
| Gross profit                                        |   |                                      | 339,127  |   |   |   | 442,345 |   |
| Selling, general and administrative expenses        |   |                                      | 137,631  |   |   |   | 183,657 |   |
| Operating income                                    |   |                                      | 201,496  |   |   |   | 258,688 |   |
| Interest expense                                    |   |                                      | -        |   |   |   | 59,018 |   |
| Net income                                          |   | $                                         | 170,741  |   |   | $ | 161,766 |   |
|                                                |   |                                      |     |   |   |   |   |   |
| Comprehensive income                                |   | $                                         | 142,704  |   |   | $ | 136,443 |   |
|                                                |   |                                      |     |   |   |   |   |   |
| Net income per share                                |   |                                      |     |   |   |   |   |   |
|    Basic                             |   | $                                         | 0.01     |   |   | $ | 0.01 |   |
|    Diluted                           |   | $                                         | 0.01     |   |   | $ | 0.01 |   |
|                                                |   |                                      |     |   |   |   |   |   |
|                                                |   |                                      |     |   |   |   |   |   |
|                                                |   |                                      |     |   |   |   |   |   |
|                                                |   | For the Three Months Ended March 31, 2009 |     |
|                                                |   | As Previously                             |     |   | As |   |
|                                                |   | Reported                                  |     |   | Restated |   |
|                                                |   |                                      |     |   |   |   |   |   |
| Net cash used in operating activities               |   | $                                         | (69,995  | ) |   | $ | (129,012 | ) |
| Net cash used in investing activities               |   |                                      | (388,753 | ) |   |   | (342,366 | ) |
| Net cash used in financing activities               |   |                                      | (24,165  | ) |   |   | (24,165 | ) |
| Effect of exchange rate changes on cash             |   |                                      |     |   |   |   |   |   |
|    and cash equivalents              |   |                                      | (24,234  | ) |   |   | (11,604 | ) |
| Decrease in cash and cash equivalents               |   |                                      | (507,147 | ) |   |   | (507,147 | ) |
| Cash and cash equivalents                           |   | $                                         | 605,340  |   |   |   | 605,340 |   |

----

----

----

|   | · | Level 1-Inputs are unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Level 2-Inputs are unadjusted quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other then quoted prices that are observable, and inputs derived from or corroborated by observable market data. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Level 3-Inputs are unobservable inputs which reflect the reporting entity’s own assumptions on what assumptions the market participants would use in pricing the asset or liability based on the best available information. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

|                                                       |   | Three months ended September 30, |       |   | Nine months ended September 30, |   |
|------------------------------------------------------------|--------|----------------------------------|------------|--------|---------------------------------|--------|
|                                                       |   | 2010                             |       |   | 2009                            |   |   | 2010 |   |   | 2009 |   |
| Net income                                                 |   | $                                | 1,919,027  |   |                            | $      | 204,884 |   |   | $ | 5,004,970 |   |   | $ | 545,089 |   |
| Shares (denominator):                                      |   |                             |       |   |                            |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average common shares outstanding - basic         |   |                             | 12,431,549 |   |                            |   | 11,534,954 |   |   |   | 12,197,536 |   |   |   | 11,319,984 |   |
| Earnings per share - basic                                 |   | $                                | 0.15       |   |                            | $      | 0.02 |   |   | $ | 0.41 |   |   | $ | 0.05 |   |
| Plus: effect of diluted securities - unvested compensation |   |                             |       |   |                            |   |   |   |   |   |   |   |   |   |   |   |
| Shares                                                     |   |                             | 2,538,637  |   |                            |   | 3,435,232 |   |   |   | 2,772,650 |   |   |   | 3,650,202 |   |
| Weighted average common shares outstanding - diluted       |   |                             | 14,970,186 |   |                            |   | 14,970,186 |   |   |   | 14,970,186 |   |   |   | 14,970,186 |   |
| Earnings per share - diluted                               |   | $                                | 0.13       |   |                            | $      | 0.01 |   |   | $ | 0.33 |   |   | $ | 0.04 |   |

----

|                                                      |   | September 30, 2010 |       |   | December 31, 2009 |   |
|-----------------------------------------------------------|--------|--------------------|------------|--------|-------------------|--------|
|                                                      |   |               |       |   |              |   |
| Property and Equipment                                    |   | $                  | 171,957    |   |              | $      | 168,535 |   |
| Less: accumulated depreciation                            |   |               | (57,439)   |   |              |   | (44,360) |   |
| Total property and equipment, net                         |   | $                  | 114,518    |   |              | $      | 124,175 |   |
|                                                      |   |               |       |   |              |   |   |   |
| Landfill development costs                                |   |               |       |   |              |   |   |   |
| Machinery and equipment                                   |   | $                  | 1,354,070  |   |              | $      | 1,097,761 |   |
| Landfill                                                  |   |               | 2,067,974  |   |              |   | 2,129,168 |   |
|                                                      |   |               |       |   |              |   | - |   |
| Construction in progress                                  |   |               | 3,668,950  |   |              |   | 3,645,860 |   |
| Advances to suppliers                                     |   |               | 4,159,714  |   |              |   | 3,783,981 |   |
|          Subtotal |   |               | 11,250,708 |   |              |   | 10,656,770 |   |
| Less: accumulated depreciation                            |   |               | (3,395,156 | )      |              |   | (2,423,871 | ) |
| Total Landfill development costs, net                     |   | $                  | 7,855,552  |   |              | $      | 8,232,899 |   |

----

|   | · | Phase 1 totals approximately 1.60 mil tons (below ground and 20.51% of total tonnage) |
|--------|--------|---------------------------------------------------------------------------------------|

|   | · | Phase 2 totals approximately 0.67 mil tons (below ground and 8.59% of total tonnage) |
|--------|--------|--------------------------------------------------------------------------------------|

|   | · | Phase 3 totals approximately 1.00 mil tons (below ground and 12.82% of total tonnage) |
|--------|--------|---------------------------------------------------------------------------------------|

|   | · | Phase 4 totals approximately 4.53 mil tons (above ground and 58.08% of total tonnage) |
|--------|--------|---------------------------------------------------------------------------------------|

|                  |   | September 30, 2010 |   |   | December 31, 2009 |   |
|-----------------------|--------|--------------------|--------|--------|-------------------|--------|
| Raw material          |   | $                  | 51,233 |   |              | $      | 36,837 |   |
| Low-value consumables |   |               | 5,429  |   |              |   | 5,813 |   |
|                  |   |               |   |   |              |   |   |   |
| Total                 |   | $                  | 56,662 |   |              | $      | 42,650 |   |

----

|                           |   | September 30, 2010 |   |   | December 31, 2009 |   |
|--------------------------------|--------|--------------------|--------|--------|-------------------|--------|
|                           |   |               |   |   |              |   |
| Shibin Jiang                   |   | $                  | -      |   |              | $      | 4,744 |   |
| Yan Feng                       |   |               | -      |   |              |   | 38,084 |   |
|                           |   |               |   |   |              |   |   |   |
| Total loans to related parties |   | $                  | -      |   |              | $      | 42,828 |   |

----

|                              |   | Ended September 30, 2010 |       |   | Ended September 30, 2009 |   |
|-----------------------------------|--------|--------------------------|------------|--------|--------------------------|--------|
|                              |   | Nine Months              |       |   | Three Months             |   |   | Nine Months |   |   | Three Months |   |
|                              |   | Sales                    |       |   | % ofTotal Sales          |   |   | Sales |   |   | % ofTotal Sales |   |   | Sales |   |   | % ofTotal Sales |   |   | Sales (1) |   |   | % ofTotal Sales |   |
| HMUAB                             |   | $                        | 3,530,736  |   |                     |   | 31 | % |   | $ | 1,221,208 |   |   |   | 26 | % |   | $ | 1,342,554 |   |   |   | 100 | % |   | $ | 452,533 |   |   |   | 100 | % |
| Consignment sales through Dongxin |   |                     | 6,834,700  |   |                     |   | 59 | % |   |   | 3,024,663 |   |   |   | 65 | % |   |   | - |   |   |   | 0 | % |   |   | - |   |   |   | 0 | % |
| Consignment sales through HBC     |   |                     | 1,125,264  |   |                     |   | 10 | % |   |   | 413,323 |   |   |   | 9 | % |   |   | - |   |   |   | 0 | % |   |   | - |   |   |   | 0 | % |
| Total                             |   | $                        | 11,490,700 |   |                     |   | 100 | % |   | $ | 4,659,194 |   |   |   | 100 | % |   | $ | 1,342,554 |   |   |   | 100 | % |   | $ | 452,533 |   |   |   | 100 | % |

|    |   | September 30, 2010  |      |   | December 31, 2009        |   |
|---------|--------|---------------------|-----------|--------|--------------------------|--------|
|    |   | AccountsReceivables |      |   | % of AccountsReceivables |   |   | AccountsReceivables |   |   | % of AccountsReceivables |   |
| HMUAB   |   | $                   | 3,034,593 |   |                     |   | 50 | % |   | $ | 4,253,203 |   |   |   | 100 | % |
| Dongxin |   |                | 2,728,718 |   |                     |   | 45 | % |   |   | - |   |   |   | 0 | % |
| HBC     |   |                | 356,080   |   |                     |   | 6 | % |   |   | - |   |   |   | 0 | % |
| Total   |   | $                   | 6,119,391 |   |                     |   | 100 | % |   | $ | 4,253,203 |   |   |   | 100 | % |

----

| For the Three Months Ended September 30, |   |          |      |   |        |   |      |         |   |   |         |   |
|------------------------------------------|--------|---------------|-----------|--------|-------------|--------|-----------|--------------|--------|--------|--------------|--------|
|                                     |   | Landfill      |      |   | PET         |   |      | Landfill     |   |   | Consolidated |   |
|                                     |   | Disposal Fees |      |   | Bottle Fees |   |      | Minimum Fees |   |   | Total        |   |
| 2010                                     |   |          |      |   |        |   |      |         |   |   |         |   |
|                                     |   |          |      |   |        |   |      |         |   |   |         |   |
| Revenue                                  |   | $             | 1,221,208 |   |        | $      | 3,437,986 |         |   | $      | -            |   |   | $ | 4,659,194 |   |
|                                     |   |          |      |   |        |   |      |         |   |   |         |   |   |   |   |   |
| Cost of revenue                          |   |          | 393,719   |   |        |   | 1,908,896 |         |   |   | -            |   |   |   | 2,302,615 |   |
|                                     |   |          |      |   |        |   |      |         |   |   |         |   |   |   |   |   |
| Gross profit                             |   |          | 827,489   |   |        |   | 1,529,090 |         |   |   | -            |   |   |   | 2,356,579 |   |
|                                     |   |          |      |   |        |   |      |         |   |   |         |   |   |   |   |   |
| Income from operations                   |   |          |      |   |        |   |      |         |   |   |         |   |   |   | 2,201,999 |   |
|                                     |   |          |      |   |        |   |      |         |   |   |         |   |   |   |   |   |
| Income before income taxes               |   |          |      |   |        |   |      |         |   |   |         |   |   |   | 2,203,352 |   |
|                                     |   |          |      |   |        |   |      |         |   |   |         |   |   |   |   |   |
| Provision for income taxes               |   |          |      |   |        |   |      |         |   |   |         |   |   |   | 284,325 |   |
|                                     |   |          |      |   |        |   |      |         |   |   |         |   |   |   |   |   |
| Net income                               |   |          |      |   |        |   |      |         |   |   |         |   |   | $ | 1,919,027 |   |
|                                     |   |          |      |   |        |   |      |         |   |   |         |   |   |   |   |   |
| 2009 (Restated)                          |   |          |      |   |        |   |      |         |   |   |         |   |   |   |   |   |
|                                     |   |          |      |   |        |   |      |         |   |   |         |   |   |   |   |   |
| Revenue                                  |   | $             | -         |   |        | $      | -         |         |   | $      | 452,533      |   |   | $ | 452,533 |   |
|                                     |   |          |      |   |        |   |      |         |   |   |         |   |   |   |   |   |
| Cost of revenue                          |   |          | -         |   |        |   | -         |         |   |   | -            |   |   |   | - |   |
|                                     |   |          |      |   |        |   |      |         |   |   |         |   |   |   |   |   |
| Gross profit                             |   |          | -         |   |        |   | -         |         |   |   | 452,533      |   |   |   |          452,533 |   |
|                                     |   |          |      |   |        |   |      |         |   |   |         |   |   |   |   |   |
| Income from operations                   |   |          |      |   |        |   |      |         |   |   |         |   |   |   |       307,534 |   |
|                                     |   |          |      |   |        |   |      |         |   |   |         |   |   |   |   |   |
| Income before income taxes               |   |          |      |   |        |   |      |         |   |   |         |   |   |   | 256,435 |   |
|                                     |   |          |      |   |        |   |      |         |   |   |         |   |   |   |   |   |
| Provision for income taxes               |   |          |      |   |        |   |      |         |   |   |         |   |   |   |         51,551 |   |
|                                     |   |          |      |   |        |   |      |         |   |   |         |   |   |   |   |   |
| Net income                               |   |          |      |   |        |   |      |         |   |   |         |   |   | $ | 204,884 |   |

----

| For the Nine Months Ended September 30, |   |          |      |   |        |   |      |         |   |   |         |   |   |   |       |   |
|-----------------------------------------|--------|---------------|-----------|--------|-------------|--------|-----------|--------------|--------|--------|--------------|--------|--------|--------|------------|--------|
|                                    |   | Landfill      |      |   | PET         |   |      | Landfill     |   |   | Consolidated |   |
|                                    |   | Disposal Fees |      |   | Bottle Fees |   |      | Minimum Fees |   |   | Total        |   |
| 2010                                    |   |          |      |   |        |   |      |         |   |   |         |   |   |   |       |   |
|                                    |   |          |      |   |        |   |      |         |   |   |         |   |   |   |       |   |
| Revenue                                 |   | $             | 3,530,736 |   |        | $      | 7,959,964 |         |   | $      | -            |   |   | $      | 11,490,700 |   |
|                                    |   |          |      |   |        |   |      |         |   |   |         |   |   |   |       |   |
| Cost of revenue                         |   |          | 1,133,679 |   |        |   | 4,173,824 |         |   |   | -            |   |   |   | 5,307,503  |   |
|                                    |   |          |      |   |        |   |      |         |   |   |         |   |   |   |       |   |
| Gross profit                            |   |          | 2,397,057 |   |        |   | 3,786,140 |         |   |   | -            |   |   |   | 6,183,197  |   |
|                                    |   |          |      |   |        |   |      |         |   |   |         |   |   |   |       |   |
| Income from operations                  |   |          |      |   |        |   |      |         |   |   |         |   |   |   | 5,733,693  |   |
|                                    |   |          |      |   |        |   |      |         |   |   |         |   |   |   |       |   |
| Income before income taxes              |   |          |      |   |        |   |      |         |   |   |         |   |   |   | 5,758,480  |   |
|                                    |   |          |      |   |        |   |      |         |   |   |         |   |   |   |       |   |
| Provision for income taxes              |   |          |      |   |        |   |      |         |   |   |         |   |   |   | 753,510    |   |
|                                    |   |          |      |   |        |   |      |         |   |   |         |   |   |   |       |   |
| Net income                              |   |          |      |   |        |   |      |         |   |   |         |   |   | $      | 5,004,970  |   |
|                                    |   |          |      |   |        |   |      |         |   |   |         |   |   |   |       |   |
| 2009 (Restated)                         |   |          |      |   |        |   |      |         |   |   |         |   |   |   |       |   |
|                                    |   |          |      |   |        |   |      |         |   |   |         |   |   |   |       |   |
| Revenue                                 |   | $             | -         |   |        | $      | 1,342,554 |         |   | $      | -            |   |   | $      | 1,342,554  |   |
|                                    |   |          |      |   |        |   |      |         |   |   |         |   |   |   |       |   |
| Cost of revenue                         |   |          | -         |   |        |   | -         |         |   |   | -            |   |   |   | -          |   |
|                                    |   |          |      |   |        |   |      |         |   |   |         |   |   |   |       |   |
| Gross profit                            |   |          | -         |   |        |   | 1,342,554 |         |   |   | -            |   |   |   | 1,342,554  |   |
|                                    |   |          |      |   |        |   |      |         |   |   |         |   |   |   |       |   |
| Income from operations                  |   |          |      |   |        |   |      |         |   |   |         |   |   |   | 844,328    |   |
|                                    |   |          |      |   |        |   |      |         |   |   |         |   |   |   |       |   |
| Income before income taxes              |   |          |      |   |        |   |      |         |   |   |         |   |   |   | 690,219    |   |
|                                    |   |          |      |   |        |   |      |         |   |   |         |   |   |   |       |   |
| Provision for income taxes              |   |          |      |   |        |   |      |         |   |   |         |   |   |   | 145,130    |   |
|                                    |   |          |      |   |        |   |      |         |   |   |         |   |   |   |       |   |
| Net income                              |   |          |      |   |        |   |      |         |   |   |         |   |   | $      | 545,089    |   |

----

|                                       |   | September 30, 2010 |      |   | December 31, 2009 |   |
|--------------------------------------------|--------|--------------------|-----------|--------|-------------------|--------|
| Loan payable                               |   | $                  | 1,329,064 |   |              | $      | 2,054,008 |   |
| Less: current portion                      |   |               | 1,027,004 |   |              |   | 966,592 |   |
|                                       |   |               |      |   |              |   |   |   |
| Loan payable - non-current portion         |   | $                  | 302,060   |   |              | $      | 1,087,416 |   |
|                                       |   |               |      |   |              |   |   |   |
| Maturities of the long-term payable:  |   |               |      |   |              |   |   |   |
|                                       |   |               |      |   |              |   |   |   |
| By December 25,                            |   |               |      |   |              |   |   |   |
| September 30                               |   |               |      |   |              |   |   |   |
| 2010                                       |   | $                  | 241,648   |   |              |   |   |   |
| 2011                                       |   |               | 1,087,416 |   |              |   |   |   |
|                                       |   | $                  | 1,329,064 |   |              |   |   |   |

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|                      |   | September 30, 2010 |     |   | December 31, 2009 |   |
|---------------------------|--------|--------------------|----------|--------|-------------------|--------|
|                      |   | (Restated)         |     |   |              |   |
|                      |   |               |     |   |              |   |
| USA                       |   | $                  | 385,464  |   |              | $      | 289,771 |   |
| China                     |   |               | 85,863   |   |              |   | (10,631 | ) |
|                      |   |               |     |   |              |   |   |   |
| Less: Valuation Allowance |   |               | (385,464 | )      |              |   | (289,771 | ) |
|                      |   |               |     |   |              |   |   |   |
| Net                       |   | $                  | 85,863   |   |              | $      | (10,631 | ) |
|                           |   | September 30, 2010 |    |   | September 30, 2009 |   |
|--------------------------------|--------|--------------------|---------|--------|--------------------|--------|
|                           |   | (Restated)         |    |   | (Restated)         |   |
|                           |   |               |    |   |               |   |   |   |
| Current                        |   | $                  | 317,260 |   |               | $      | 44,347 |   |
| Deferred tax expense (benefit) |   |               | (32,935 | )      |               |   | 7,204 |   |
|                           |   |               |    |   |               |   |   |   |
| Total                          |   | $                  | 284,325 |   |               | $      | 51,551 |   |

----

|                           |   | September 30, 2010 |    |   | September 30, 2009 |   |
|--------------------------------|--------|--------------------|---------|--------|--------------------|--------|
|                           |   | (Restated)         |    |   | (Restated)         |   |
|                           |   |               |    |   |               |   |   |   |
| Current                        |   | $                  | 848,587 |   |               | $      | 123,622 |   |
| Deferred tax expense (benefit) |   |               | (95,077 | )      |               |   | 21,508 |   |
|                           |   |               |    |   |               |   |   |   |
| Total                          |   | $                  | 753,510 |   |               | $      | 145,130 |   |
|                           |   |               |    |   |               |   |   |   |

|                                  |   | September 31, 2010 |       |   | December 31, 2009 |   |
|---------------------------------------|--------|--------------------|------------|--------|-------------------|--------|
| Accumulated after tax profits         |   | $                  | 10,682,176 |   |              | $      | 5,677,206 |   |
| Percentage applied                    |   |               | 10         | %      |              |   | 10 | % |
| Accumulated Statutory Surplus Reserve |   | $                  | 1,068,218  |   |              | $      | 567,721 |   |

----

----

| Non-vested Shares                |   | Shares |      |   | Weighted-AverageGrant Date Fair Value |   |
|----------------------------------|--------|--------|-----------|--------|---------------------------------------|--------|
|                             |   |   |      |   |                                  |   |
| Non-vested at December 31, 2009  |   |   | 3,144,999 |   |                                  | $      | 1,510,138 |   |
| Granted                          |   |   | -         |   |                                  |   | - |   |
| Vested                           |   |   | 634,538   |   |                                  |   | 271,118 |   |
| Forfeited                        |   |   | -         |   |                                  |   | - |   |
| Non-vested at September 30, 2010 |   |   | 2,510,416 |   |                                  | $      | 1,239,020 |   |

| Deferred stock compensation as of December 31, 2009      |   | $      | 1,498,319 |   |
|----------------------------------------------------------|--------|--------|-----------|--------|
| Compensation expenses debited to statement of operations |   |   |      |   |
| with a credit to additional paid-in capital              |   |   | (260,715  | )      |
| Deferred stock compensation as of September 30, 2010     |   | $      | 1,237,604 |   |

----

|   | · | In January 2010 we executed an agreement with the HMUAB that increased the fee payable to us for waste disposal from 42 RMB ($6.28) per ton to 60 RMB ($8.97) per ton, based on current exchange rates. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | In February 2010 the HMUAB increased the limits on our operations from 1,200 tons of waste per day to 1,500 tons per day. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------|

|   | · | In January 2010 we took the first major step towards implementing our plan to commercialize the resources available in the waste deposited in the landfill, as we engaged Harbin Dongxin Group as our agent to process and distribute the polyethylene terephthalate (“PET”) bottles that we remove from the landfill. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | In March 2010 we signed a plastic bottle cap processing and consignment sales agreement with Harbin Bin County Welfare Plastic Products Co., Ltd., under which we engaged Harbin Bin County Welfare Plastic Products Co. as our agent to process the bottle caps that we remove from the landfill and resell the granules. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

|                       |   |   |      |   | Less than |   |      |   |   |   |
|----------------------------|--------|--------|-----------|--------|-----------|--------|-----------|--------|--------|--------|
| Contractual Obligations    |   | Total  |      |   | Year 1    |   |      | Year 2 |   |   | Year 3 |   |   | More Than3 Years |   |
|                       |   |   |      |   |      |   |      |   |   |   |   |   |   |   |   |   |
| Long-Term Debt Obligations |   | $      | 1,329,064 |   |      | $      | 1,027,004 |   |   | $      | 302,060 |   |   |   | -- |   |   |   | -- |   |
|                       |   |   |      |   |      |   |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| TOTAL                      |   | $      | 1,329,064 |   |      | $      | 1,027,004 |   |   | $      | 302,060 |   |   |   | -- |   |   |   | -- |   |

----

----

| ITEM 3. | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK |
|---------|------------------------------------------------------------|

| ITEM 4T. | CONTROLS AND PROCEDURES |
|----------|-------------------------|

----

| 31.1 | Rule 13a-14(a) Certification - CEO |
|------|-----------------------------------------|

| 31.2 | Rule 13a-14(a) Certification - CFO |
|------|------------------------------------|

| 32 | Rule 13a-14(b) Certifications |
|----|-------------------------------|

|                    | EASTERN ENVIRONMENT SOLUTIONS, CORP.                                  |
|-------------------------|-----------------------------------------------------------------------|
|                    |                                                                  |
| Date: November 22, 2010 | By: /s/ Feng Yan                                                      |
|                    |       Feng Yan, Chief Executive Officer |

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