**UNITED        STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington      D.C. 20549**

**FORM      10-QSB**

|   | QUARTERLY                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                ACT OF                1934 |
|--------|--------------------------------------------------------------------------------------------------------------------------------------|

**December 31, 2007**

|   | TRANSITION                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                ACT OF                1934 |
|--------|---------------------------------------------------------------------------------------------------------------------------------------|

| Commission                File No.: **0-29994** |
|-------------------------------------------------|
|                                            |

**INFORM      WORLDWIDE HOLDINGS, INC.**

| **Florida**                                                                                                                                                              | **20-3379902**                                                                                                                                                          |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (State                or other jurisdiction ofincorporation                or organization)                                                                         |        (I.R.S.                Employer          Identification                No.) |
| **2501                North Green Valley Parkway, Suite 111, Henderson, NV                89014**** **(Address                of principal executive offices)  |

**(702)      317-2300**

**___________________**

**APPLICABLE      ONLY TO CORPORATE ISSUERS**

----

**INFORM      WORLDWIDE HOLDINGS, INC**
**AND SUBSIDIARIES**

**Index**

**Part      I - FINANCIAL INFORMATION**

**Part      II - OTHER INFORMATION**

----

**INFORM      WORLDWIDE HOLDINGS, INC**
**AND SUBSIDIARIES**

**CONSOLIDATED      BALANCE SHEET**

*as      of December 31, 2007*

*(Unaudited)*

|                                                  |                                                                                                        |                                                                                                          | ASSETS                                                                                                                                      |                                                                                             |
|-------------------------------------------------------|-------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------|
|                                                  |                                                                                                        |                                                                                                          |                                                                                                                                        |                                                                                             |
| Current                  assets:                      |                                                                                                        |
|                                                  | Cash                                                                                                        |                                                                                                          |  $            65,153                                                       |
|                                                  | Accounts                  receivable, coal sales                                                            |                29,541              |
|                                                  |                                                                                                        |                                                                                                          | Total                  current assets                                                                                                       |                94,694 |
|                                                  |                                                                                                        |                                                                                                          |                                                                                                                                        |                                                                                             |
|                                                  |                                                                                                        |                                                                                                          |                                                                                                                                        |                                                                                             |
| Mining                  properties and equipment, net |              346,451                       |
| Office                  equipment, net                |                  5,672 |
| Advances                  to Medical Resources, LLC   |              665,990                       |
|                                                  |                                                                                                        |                                                                                                          | Total                  assets                                                                                                               |  $       1,112,807                                       |
|                                                  |                                                                                                        |                                                                                                          |                                                                                                                                        |                                                                                             |
|                                                  |                                                                                                        |                                                                                                          |                                                                                                                                        |                                                                                             |
|                                                  |                                                                                                        |                                                                                                          | LIABILITIES                  AND STOCKHOLDERS' DEFICIT                                                                                      |                                                                                             |
|                                                  |                                                                                                        |                                                                                                          |                                                                                                                                        |                                                                                             |
| Current                  liabilities:                 |                                                                                                        |
|                                                  | Accounts                  payable                                                                           |  $          198,139                                    |
|                                                  | Accrued                  expenses                                                                           |              117,476                         |
|                                                  | Related                  party payables                                                                     |              226,454                         |
|                                                  | Equipment                  note payable                                                                     |                45,944              |
|                                                  | Line                  of credit                                                                             |                67,278              |
|                                                  | Settlement                  payable                                                                         |                50,000              |
|                                                  | Asset                  retirement obligation                                                                |                41,000              |
|                                                  |                                                                                                        |                                                                                                          | Total                  current liabilities                                                                                                  |              746,291            |
|                                                  |                                                                                                        |                                                                                                          |                                                                                                                                        |                                                                                             |
|                                                  |                                                                                                        |                                                                                                          |                                                                                                                                        |                                                                                             |
| Long                  term debt                       |           1,065,000                                       |
|                                                  |                                                                                                        |                                                                                                          |                                                                                                                                        |                                                                                             |
| Stockholders'                  deficit:               |                                                                                                        |
|                                                  | Preferred                  stock, no par value,                                                             |                                                                                                          |
|                                                  |                                                                                                        | Series                  A:  1,000,000 shares authorized; none issued                                |                                                                                                                                        |
|                                                  |                                                                                                        | and                  outstanding                                                                              |                        - |
|                                                  |                                                                                                        | Series                  B:  10,000,000 shares authorized; none issued                               |                                                                                                                                        |
|                                                  |                                                                                                        | and                  outstanding                                                                              |                        - |
|                                                  |                                                                                                        | Series                  C:  11,000,000 shares authorized; 11,000,000 shares                  issued |                                                                                                                                        |
|                                                  |                                                                                                        | and                  outstanding                                                                              |                73,333                                            |
|                                                  |                                                                                                        | Undesignated:  478,000,000                  shares authorized, none issued                          |                                                                                                                                        |
|                                                  |                                                                                                        | and                  outstanding                                                                              |                        - |
|                                                  | Common                  stock, no par value, 5,000,000,000 shares authorized;                               |                                                                                                          |
|                                                  |                                                                                                        | 45,183,167                  shares issued and outstanding                                                     |         15,071,184                                                                                  |
|                                                  | Accumulated                  deficit                                                                        |        (15,843,001)                                                        |
|                                                  |                                                                                                        |                                                                                                          | Total                  stockholders' deficit                                                                                                |             (698,484)                |
|                                                  |                                                                                                        |                                                                                                          | Total                  liabilities and stockholders' deficit                                                                                |  $       1,112,807                                       |

----

**INFORM      WORLDWIDE HOLDINGS, INC. AND SUBSIDIARIES**

**CONSOLIDATED      STATEMENTS OF OPERATIONS**

*for      the three months ended December 31, 2007 and 2006*

*(Unaudited)*

|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          | *2007*                                                                                                                                                                                                        |                                                                                                                                                                                                          | *2006*                                                                                                                                                                                                        |
|--------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
| Management                  contract, medical services       |  $                     175,020                        |                                                                                                                                                                                                          |  $                               -            |
| Revenues                  from coal sales                    |                           49,956  |                                                                                                                                                                                                          |                                   - |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
|                                                         |                                                                                                                                                                | Total                  revenues                                                                                                                                                                               |                         224,976                                                       |                                                                                                                                                                                                          |                                   - |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
| Operating                  expenses                          |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
|                                                         | Coal                  mining expenses                                                                                                                               |                           64,446                                            |                                                                                                                                                                                                          |                                   - |
|                                                         | General                  and administrative expenses                                                                                                                |                         194,410                                                       |                                                                                                                                                                                                          |                           24,925                                            |
|                                                         | Management                  contract, related party                                                                                                                 |                           38,000                                            |                                                                                                                                                                                                          |                                   - |
|                                                         |                                                                                                                                                                | Total                  operating expenses                                                                                                                                                                     |                         296,856                                                       |                                                                                                                                                                                                          |                           24,925                                            |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
| (Loss)                  from operations                      |                         (71,880)            |                                                                                                                                                                                                          |                         (24,925)                                                      |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
| Other                  income (expense)                      |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
|                                                         | Interest                  income, related party                                                                                                                     |                                   - |                                                                                                                                                                                                          |                           12,192                                            |
|                                                         | Interest                  (expense)                                                                                                                                 |                         (18,254)                                                      |                                                                                                                                                                                                          |                         (13,400)                                                      |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
|                                                         |                                                                                                                                                                | Total                  other income (expense)                                                                                                                                                                 |                         (18,254)                                                      |                                                                                                                                                                                                          |                           (1,208)                                           |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
| Net                  (loss)                                  |  $                     (90,134)                       |                                                                                                                                                                                                          |  $                     (26,133)                                                                 |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
| Basic                  and diluted net loss per common share |  $                         (0.00) |                                                                                                                                                                                                          |  $                         (0.00)                                           |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
| Weighted                  average common shares outstanding  |                    44,465,993                                        |                                                                                                                                                                                                          |                  146,262,383                                                                                             |

----

**INFORM      WORLDWIDE HOLDINGS, INC. AND SUBSIDIARIES**

**CONSOLIDATED      STATEMENTS OF OPERATIONS**

*for      the six months ended December 31, 2007 and 2006*

*(Unaudited)*

|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          | *2007*                                                                                                                                                                                                        |                                                                                                                                                                                                          | *2006*                                                                                                                                                                                                        |
|--------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
| Management                  contract, medical services       |  $                     175,020                        |                                                                                                                                                                                                          |  $                               -            |
| Revenues                  from coal sales                    |                         103,487             |                                                                                                                                                                                                          |                                   - |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
|                                                         |                                                                                                                                                                | Total                  revenues                                                                                                                                                                               |                         278,507                                                       |                                                                                                                                                                                                          |                                   - |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
| Operating                  expenses                          |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
|                                                         | Coal                  mining expenses                                                                                                                               |                         263,417                                                       |                                                                                                                                                                                                          |                                   - |
|                                                         | General                  and administrative expenses                                                                                                                |                         351,360                                                       |                                                                                                                                                                                                          |                           26,549                                            |
|                                                         | Management                  contract, related party                                                                                                                 |                           68,000                                            |                                                                                                                                                                                                          |                                   - |
|                                                         |                                                                                                                                                                | Total                  operating expenses                                                                                                                                                                     |                         682,777                                                       |                                                                                                                                                                                                          |                           26,549                                            |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
| (Loss)                  from operations                      |                       (404,270)                       |                                                                                                                                                                                                          |                         (26,549)                                                      |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
| Other                  income (expense)                      |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
|                                                         | Amortization                  of convertible debt discount                                                                                                          |                       (400,000)                                                                 |                                                                                                                                                                                                          |                                   - |
|                                                         | Interest                  income, related party                                                                                                                     |                                   - |                                                                                                                                                                                                          |                           24,692                                            |
|                                                         | Interest                  (expense)                                                                                                                                 |                         (27,233)                                                      |                                                                                                                                                                                                          |                         (27,108)                                                      |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
|                                                         |                                                                                                                                                                | Total                  other income (expense)                                                                                                                                                                 |                       (427,233)                                                                 |                                                                                                                                                                                                          |                           (2,416)                                           |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
| Net                  (loss)                                  |  $                   (831,503)                                  |                                                                                                                                                                                                          |  $                     (28,965)                                                                 |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
| Basic                  and diluted net loss per common share |  $                         (0.02) |                                                                                                                                                                                                          |  $                         (0.00)                                           |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
|                                                         |                                                                                                                                                                |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |                                                                                                                                                                                                          |
| Weighted                  average common shares outstanding  |                    43,809,278                                        |                                                                                                                                                                                                          |                  149,251,514                                                                                             |

----

**INFORM        WORLDWIDE HOLDINGS, INC. AND        SUBSIDIARIES**

**CONSOLIDATED        STATEMENTS OF CASH FLOWS**

*for        the six months ended December 31, 2007 and 2006*

* (Unaudited)*

|                                                            |                                                                                                                                                      |                                                                                                                                                                 | *2007*                                                                                                                                                    |                                                                                                                                                                 | *2006*                                                                                                                                                                          |
|-----------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                            |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                                            |
|  Cash                    flows from operating activities   |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                      |
|                                                            |                                                                                                                                                      | Net                    cash (used in) operating activities                                                                                                           |  $             (324,295)                                                            |                                                                                                                                                                 |  $                 (1,602)                                                            |
|                                                            |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                                            |
| Cash                    flows from investing activities         |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                      |
|                                                            |                                                                                                                                                      | Advances                    to Medical Resources, LLC                                                                                                                |                 (665,990)                                                 |                                                                                                                                                                 |                              - |
|                                                            |                                                                                                                                                      | Purchase                    of equipment                                                                                                                             |                     (6,050)                           |                                                                                                                                                                 |                              - |
|                                                            |                                                                                                                                                      | Net                    cash (used in) investing activities                                                                                                           |                 (672,040)                                                 |                                                                                                                                                                 |                              - |
|                                                            |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                                            |
| Cash                    flows from financing activities         |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                      |
|                                                            |                                                                                                                                                      | Proceeds                    from  long term debt                                                                                                           |                1,065,000                                                       |                                                                                                                                                                 |                              - |
|                                                            |                                                                                                                                                      | Principal                    payments on equipment note payable                                                                                                      |                     (4,056)                           |                                                                                                                                                                 |                                                                                                                                                                            |
|                                                            |                                                                                                                                                      | Net                    cash provided by financing activities                                                                                                         |                1,060,944                                                       |                                                                                                                                                                 |                              - |
|                                                            |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                                            |
| Net                    increase (decrease) in cash              |                     64,609                            |                                                                                                                                                                 |                     (1,602)                           |
|                                                            |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                                            |
| Cash                    at beginning of year                    |                          544 |                                                                                                                                                                 |                       1,624                 |
|                                                            |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                                            |
| Cash                    at end of period                        |  $                 65,153                                       |                                                                                                                                                                 |  $                        22 |
|                                                            |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                                            |
| Supplemental                    cash flow information:          |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                      |
|                                                            | Cash                    paid for interest                                                                                                                 |  $                      632                       |                                                                                                                                                      |  $                          - |
|                                                            | Cash                    paid for income taxes                                                                                                             |  $                          - |                                                                                                                                                      |  $                          - |
|                                                            |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                                            |
|                                                            |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                                            |
| Non-cash                    investing and financing activities: |                                                                                                                                                      |                                                                                                                                                                 |                                                                                                                                                      |
|                                                            | Equipment                    acquired in exchange for debt                                                                                                |  $                 50,000                                                  |                                                                                                                                                      |  $                          - |

----

**INFORM        WORLDWIDE HOLDINGS, INC. AND SUBSIDIARIES**

**NOTES      TO CONSOLIDATED FINANCIAL STATEMENTS**

*December      31, 2007*

*(Unaudited)*

**1.     Summary      of Significant Accounting Policies**

**       Basis      of Presentation:**

**Revenue      Recognition:**

        **Net      Loss Per Share:**    The Company applies the      provisions of Statement of Financial Accounting Standard No. 128, “Earnings Per      Share” (FAS 128).  For the periods presented herein, all dilutive      potential common shares have an antidilutive effect on diluted per share amounts      and therefore have been excluded in determining net loss per      share.  The Company’s basic and diluted loss per share is equivalent      and, accordingly, only basic loss per share has been presented.

**        Use      of Estimates:**

----

**2.     Going      Concern**

**3.     Advances      to Medical Resources, LLC**

**4.     Property      and Equipment**

| Mining                machinery and equipment | $                382,667                        |
|-----------------------------------------------|-------------------------------------------------|
| Office                equipment               |        6,050 |
| Subtotal                                      |    388,717                       |
| less:                accumulated depreciation |    (36,594)                      |
| Total                                         | $                352,123                        |

----

**5.     Line      of Credit**

**6.     Convertible      Debt and Long Term Debt**

**7.     Note      Payable and Equipment Note Payable**

**8.     Commitments      and Contingencies**

----

**9.     Stockholders'      Deficit**

----

**10.     Related      Party Transactions**

----

**11.     Segment      Reporting**

|                             | Three                Months EndedDecember                31, 2007 | Six                Months EndedDecember                31, 2007 |
|----------------------------------|-------------------------------------------------------------------|-----------------------------------------------------------------|
| Natural                Resources |                                                              |                                                            |
| Sales                            | $      49,956                  | $ 103,487                                             |
| Operating                (Loss)  | (20,510)                                                          | (166,863)                                                       |
|                             |                                                              |                                                            |
| Medical                Services  |                                                              |                                                            |
| Sales                            | 175,020                                                      | 175,020                                                    |
| Operating                Income  | 89,453                                                       | 59,121                                                     |
|                             |                                                              |                                                            |
| Corporate                        |                                                              |                                                            |
| Sales                            | -                                                                 | -                                                               |
| Operating                (Loss)  | (140,823)                                                         | (296,528)                                                       |
|                             |                                                              |                                                            |
|                             | December                31, 2007                                  | June                30, 2007                                    |
| Total                Assets      |                                                              |                                                            |
| Natural                Resources | $    382,204                             | $                291,667                                   |
| Medical                Services  | 726,983                                                      | -                                                               |
| Corporate                        |          3,620  |          544  |
| Total                            | $ 1,112,807                                             | $                292,211                                   |

**12.     Subsequent      Events**

**        **

----

**Item      2.  Management’s Discussion and Analysis or Plan of      Operation**

**Overview**

**Plan      of Operation**

----

**Liquidity      and Capital Resources**

**Results      of Operations – Three Months Ended December 31, 2007 Compared to the Three      Months Ended December 31, 2006**

----

**Results      of Operations – Six Months Ended December 31, 2007 Compared to the Six Months      Ended December 31, 2006**

**Forward-Looking      Statements**

----

**Risk      Factors Impacting Forward-Looking Statements**

| ·   | The                worldwide economic situation; |
|--------------------|--------------------------------------------------|

| ·   | Volatility                in the price of coal; |
|--------------------|-------------------------------------------------|

| ·   | Any                change in interest rates or                inflation; |
|--------------------|--------------------------------------------------------------------------|

| ·   | The                willingness and ability of third parties to honor their contractual                commitments; |
|--------------------|--------------------------------------------------------------------------------------------------------------------|

| ·   | Our                ability to raise additional capital, as it may be affected by current                conditions in the stock market and competition in the coal industry                and                the medical services industry for risk                capital; |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Our                capital costs, as they may be affected by delays or cost                overruns; |
|--------------------|------------------------------------------------------------------------------------------------------|

| ·   | Our                costs of production; |
|--------------------|-----------------------------------------|

| ·   | Environmental,                medical services and other regulations, as the same presently exist                and may hereafter be amended; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Our                ability to identify, finance and integrate other acquisitions;                and |
|--------------------|------------------------------------------------------------------------------------------------------|

| ·   | Volatility                of our stock price. |
|--------------------|-----------------------------------------------|

**Item      3.  Controls and Procedures**

----

**PART      II:  OTHER INFORMATION**

| Item                No. |  Description                                                                                                                                                                                                            |  Method                of Filing         |
|-------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------|
| 31.1                    | Certification                of Ashvin Mascarenhas pursuant to Rule 13a-14(a)                                                                                                                                                | Filed                electronically herewith. |
| 32.1                    | Chief                Executive Officer and Chief Financial Officer Certification pursuant                to 18                U.S.C. § 1350 adopted pursuant to Section 906 of the Sarbanes Oxley Act of                2002 | Filed                electronically herewith. |

----

**SIGNATURES**