UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

|         
|---------
|FORM 10-K
|         



|(Mark one)
|----------
|x         

For the Fiscal Year Ended June 30, 2016

OR

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

For the transition period from _________________to

|                                
|--------------------------------
|Commission File Number:000-53854



EnzymeBioSystems

(Exact name of registrant as specified
in its charter)

|Nevada                       |                                   | 27-0464302       |                    
|---------------------------- | --------------------------------- | ---------------- | -------------------
|(State or Other Jurisdiction |                                   | (I.R.S. Employer |                    
|                             | of Incorporation or Organization) |                  | Identification No.)
|                             |                                   |                  |                    



|8440 W. Lake Mead, Suite 214, Las Vegas, NV |                                          | 89128 |           
|------------------------------------------- | ---------------------------------------- | ----- | ----------
|                                            | (Address of principal executive offices) |       | (Zip Code)
|                                            |                                          |       |           



(702) 907-0615

(Registrant’s telephone number, including
area code)



Indicate by check mark if the registrant is a well-known seasoned
issuer, as defined in Rule 405 of the Securities Act. Yes [ ] No [X]



Indicate by check mark if the registrant is not required to file
reports pursuant to Section 13 or 15(d) of the Act.

Yes [ ] No [X]



Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for
such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements
for the past 90 days. Yes [X] No [ ]



Indicate by check mark whether the registrant has submitted electronically
and posted on its corporate website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405
of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant
was required to submit and post such files). Yes [ ] No [ ] Not Applicable



Indicate by checkmark if disclosure of delinquent filers pursuant
to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive
proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. [X]



Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, a non-accelerated filer or a smaller reporting company (as defined in Rule 12b-2 of the Exchange Act).



|Large accelerated filer | [  ] | Accelerated filer                            [  ]
|----------------------- | ---- | -------------------------------------------------
|Non-accelerated filer   | [  ] | Smaller Reporting Company     
      [X]         



Indicate by check mark whether the registrant is a shell company
(as defined in Rule 12b-2 of the Exchange Act). Yes [ ] No [X]



The aggregate market value of the voting stock
held by non-affiliates amounted to $1,528,908 on December 31, 2015.



There were 16,641,822 shares of Common Stock
outstanding as of September 20, 2016.









INDEX



|         | TITLE                                                                                      | PAGE
|-------- | ------------------------------------------------------------------------------------------ | ----
|         |                                                                                            |     
|ITEM 1.  | Business                                                                                   | 5   
|         |                                                                                            |     
|ITEM 2.  | Properties                                                                                 | 25  
|         |                                                                                            |     
|ITEM 3.  | Legal Proceedings                                                                          | 25  
|         |                                                                                            |     
|ITEM 4.  | Mine Safety Disclosure                                                                     | 25  
|         |                                                                                            |     
|ITEM 5.  | Market for Common Equity and Related Stockholder Matters                                   | 26  
|         |                                                                                            |     
|ITEM 7.  | Management’s Discussion and Analysis of Financial Condition                                | 28  
|         |                                                                                            |     
|ITEM 8.  | Financial Statement and Supplementary Data                                                 | 31  
|         |                                                                                            |     
|ITEM 9.  | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure       | 32  
|         |                                                                                            |     
|ITEM 9A. | Controls and Procedures                                                                    | 32  
|         |                                                                                            |     
|ITEM 10. | Directors, Executive Officers and Corporate Governance                                     | 36  
|         |                                                                                            |     
|ITEM 11. | Executive Compensation                                                                     | 39  
|         |                                                                                            |     
|ITEM 12. | Security Ownership of Certain Beneficial Owners Management and Related Stockholder Matters | 41  
|         |                                                                                            |     
|ITEM 13. | Certain Relationships and Related Transactions and Director Independence                   | 43  
|         |                                                                                            |     
|ITEM 14. | Principal Accounting Fees and Services                                                     | 44  
|         |                                                                                            |     
|ITEM 15. | Exhibits, Financial Statement Schedules                                                    | 45  
|         |                                                                                            |     



2











FORWARD-LOOKING STATEMENTS



This Annual Report on Form 10-K contains forward-looking
statements. When used in this Quarterly Report on Form 10-K, the words "may," "could," "estimate,"
"intend," "continue," "believe," "expect" or "anticipate" and similar expressions
identify forward-looking statements. Although we believe that our plans, intentions, and expectations reflected in any forward-looking
statements are reasonable, these plans, intentions, or expectations may not be achieved. Our actual results, performance, or achievements
could differ materially from those contemplated, expressed, or implied, by the forward-looking statements contained in this Annual
Report on Form 10-K. Important factors that could cause actual results to differ materially from our forward-looking statements
are set forth in this Annual Report on Form 10-K. Accordingly, readers are cautioned not to place undue reliance on forward-looking
statements, which speak only as of the dates on which they are made. All forward-looking statements attributable to us or persons
acting on our behalf are expressly qualified in their entirety by the cautionary statements set forth in this Annual Report on
Form 10-K. Except as required by federal securities laws, we are under no obligation to update any forward-looking statement, whether
as a result of new information, future events, or otherwise.



Although we believe that the expectations reflected
in any of our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed
in any of our forward-looking statements. Our future financial condition and results of operations, as well as any forward-looking
statements, are subject to change and inherent risks and uncertainties. The factors impacting these risks and uncertainties include,
but are not limited to:



| | · | inability to raise additional financing for working capital and product
development;
| | - | ------------------------------------------------------------------------------------

| | · | inability to identify internet marketing approaches;
| | - | ----------------------------------------------------

| | · | deterioration in general or regional economic, market and political
conditions;
| | - | -------------------------------------------------------------------------------

| | · | the fact that our accounting policies and methods are fundamental to
how we report our financial condition and results of operations, and they may require management to make estimates about matters
that are inherently uncertain;
| | - | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | · | adverse state or federal legislation or regulation that increases the
costs of compliance, or adverse findings by a regulator with respect to existing operations;
| | - | ------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | · | changes in U.S. GAAP or in the legal, regulatory and legislative environments
in the markets in which we operate;
| | - | -----------------------------------------------------------------------------------------------------------------

| | · | inability to efficiently manage our operations;
| | - | -----------------------------------------------

| | · | inability to achieve future operating results;
| | - | ----------------------------------------------

| | · | our ability to recruit and hire key employees;
| | - | ----------------------------------------------

| | · | the inability of management to effectively implement our strategies
and business plans; and
| | - | -------------------------------------------------------------------------------------------

| | · | the other risks and uncertainties detailed in this report.
| | - | ----------------------------------------------------------



In this Form 10-K references to "EnzymeBioSystems",
"the Company", "we", "us", and "our" refer to EnzymeBioSystems.



3









AVAILABLE INFORMATION



We file annual, quarterly and special reports
and other information with the SEC. You can read these SEC filings and reports over the Internet at the SEC's website at www.sec.gov.
You can also obtain copies of the documents at prescribed rates by writing to the Public Reference Section of the SEC at 100 F
Street, NE, Washington, DC 20549 on official business days between the hours of 10:00 am and 3:00 pm. Please call the SEC at (800)
SEC-0330 for further information on the operations of the public reference facilities. We will provide a copy of our annual report
to security holders, including audited financial statements, at no charge upon receipt of a written request to us at EnzymeBioSystems,
8440 W. Lake Mead, Suite 214, Las Vegas, NV 89128.





























































4













PART I



ITEM 1. BUSINESS



History and Organization



The Company was organized June 26, 2009 (Date
of Inception) under the laws of the State of Nevada, as EnzymeBioSystems.





Our Business



EnzymeBioSystemsresearches specialty
enzymes and enzyme related products.



We utilize enzyme technologies to develop commercial
solutions for a broad range of applications within the specialty chemical industry. These markets are largely served by a small
number of large, well-established businesses and research university centers. We plan to work collaboratively with those industrial
companies to develop differentiated, high performance enzyme solutions for their target markets, and to leverage their well-developed
distribution capabilities to better exploit commercial opportunities. Our enzyme technology will tie-in with development of new
commercial biological active compounds. We hope we can develop specialty enzymes to eliminate the side effects and toxicity of
the new commercially developed products.





Enzyme Industry



Enzymes can be categorized as "enzyme
inhibitors" and "enzyme activators." Enzyme inhibitors are molecules that bind to enzymes and decrease their activity.
Since blocking an enzyme's activity can kill a pathogen or correct a metabolic imbalance, many drugs are enzyme inhibitors. Enzyme
activators are molecules that bind to enzymes and increase their activity. These molecules are often involved in the allosteric
[defined as having to do with a protein with a structure that is altered reversibly by a small molecule so that its original function
is modified] regulation of enzymes in the control of metabolism. Both enzyme inhibitors and enzyme activators are currently used
by many pharmaceutical and biotechnology companies in research and development of new drug compounds.











5









Enzymes also can be used as pharmaceutical
products. Enzymes as pharmaceuticals have two important features that distinguish them from all other types of pharmaceutical products.
First, enzymes often bind and act on their targets with great affinity and specificity. Second, enzymes are catalytic and convert
multiple target molecules to the desired products. These two features make for what are considered specialized enzymes that can
accomplish therapeutic biochemistry in the body that small molecules cannot. These characteristics have resulted in the development
of many enzyme drugs for a wide range of disorders, e.g. insulin and interferon.



Business Strategy



We foresee that our two areas of business opportunity,
include: 1) buying raw materials to produce specialty enzymes in contract lab facilities; 2) contracting with CRO's with the goal
to obtain FDA approval to further test the enzymes.



We plan to deploy our enzyme technologies across
diverse markets that represent commercial opportunities in helping us build visibility for EnzymeBioSystems. This includes building
our reputation in the scientific community through trade publications and protecting our intellectual property and technology through
the patent process.



We plan to use enzyme technologies to develop
commercial solutions for a broad range of applications within the specialty chemical industry. These markets are largely served
by a small number of large, well-established businesses and research university centers.



Through contract laboratories we currently
have only limited resources and capability to develop, manufacture, or distribute specialty enzyme products on a limited scale.
We will determine which specialty enzyme products to pursue independently based on various criteria, including: investment required,
estimated time to market, regulatory hurdles, infrastructure requirements, and industry-specific expertise necessary for successful
commercialization. At any time, we may modify our strategy and pursue collaborations for the development and commercialization
of some specialty enzyme products that we had intended to pursue independently. In order for us to commercialize more specialty
enzyme products directly, we plan to establish or obtain through outsourcing arrangements additional capability to develop, manufacture,
market, sell, and distribute such products.



6











Our Business Strategy



Management is evaluating an enzyme compound
which it believes has a specific therapeutic value in fighting tumors, specifically breast tumors. Management has undertaken research
to study its synthetic Amooranin compound, which the Company has developed in-house. Studies of Amooranin have already been completed
in rats. Further, research is required to study Amooranin in a different animal species.



Amooranin is a triterpene acid with a novel
structure isolated from the stem bark of Amoora rohituka, a tropical tree growing wild in India. Studies have demonstrated that
multiple breast cancer cell lines respond to Amooranin in growth suppression assays. Mechanistic studies suggest that Amooranin
suppresses growth factor signaling, induces cell cycle arrest, and promotes apoptosis. This is because the anti-neoplastic activity
of the plant-derived compound of Amooranin is relatively weak.



Our founder developed a new synthetic analogue
of this molecule by chemical transformations in an attempt to identify a more potent agent. One of these analogues, Amooranin-Me,
was found to inhibit proliferation of several breast cancer cells with greater potency than the parent compound of Amooranin. Preliminary
screening of Amooranin-Me in in-vitro experiments revealed some potenecy against breast cancer MCF-7 cells with concentrations
down to the nanomolar range. All these studies indicate that Amooranin-Me is a promising drug with potential to be used for human
breast cancer prevention.



The Company has moved further along with the
process of evaluating an enzyme compound which they believe has specific therapeutic value in fighting tumors. In an effort to
evaluate this compound, management has had a series of meetings with various contract research organizations to enlist their expertise
in performing animal studies. The research will study the use of an antitumor natural product called amooranin. Specifically, the
two areas of this study will include: 1) an exam of the in vitro cytotoxicity of amooranin against hepatocellular carcinoma
cells, and 2) investigate the dose responsive antitumor actions of amooranin against chemically induced hepatic tumorgenesis in
rats and dogs.



Management wants to continue its research with
Amooranin that will lead to the filing of an Investigational New Drug Application (“IND”) with the U. S. Food and Drug
Administration. It is still too early to determine if this project has any potential value for the Company, and there are no assurances
that the Company will ever be able to obtain an IND for this compound.



As of the date of this report, management of
the Company has identified an independent chemical laboratory that can produce sufficient quantities of amooranin to proceed with
the required animal studies. A small preclinical batch of methyl amooranin has been manufactured by
the independent chemical laboratory. This preclinical batch is not large enough to sufficiently test in several animal studies
needed to obtain an IND.



7



Competition



Our competitors have substantially greater
financial, technical, and marketing resources than we do and may succeed in developing products that would render our products
obsolete or noncompetitive. In addition, many of these competitors have significantly greater experience than we do in their respective
fields. Our ability to compete successfully will depend on our ability to develop proprietary products that reach the market in
a timely manner and are technologically superior to, and/or are less expensive than, other products on the market. Current competitors
or other companies may develop technologies and products that are more effective than ours. Our technologies and products may be
rendered obsolete or uneconomical by technological advances or entirely different approaches developed by one or more of our competitors.
The existing approaches of our competitors or new approaches or technology developed by our competitors may be more effective than
those developed by us.



Any enzyme products that we develop will compete
in multiple, highly competitive markets. For example, Codexis, Maxygen, Inc., Evotec, and Xencor have alternative evolution technologies.
Integrated Genomics Inc., Myriad Genetics, Inc., and ArQule, Inc. perform screening, sequencing, and/or bioinformatics services.
Novozymes A/S, Verenium Corporation, Genencor International Inc. and MPBiomedicals are involved in development, overexpression,
fermentation, and purification of enzymes. Many of these competitors have significantly greater financial and human resources than
we do. We believe that the principal competitive factors in our market are access to genetic material, technological experience
and expertise, and proprietary position.





EnzymeBioSystems's Funding Requirements



Future funding could result in potentially
dilutive issuances of equity securities, the incurrence of debt, contingent liabilities and/or amortization expenses related to
goodwill and other intangible assets, which could materially adversely affect the Company's business, results of operations and
financial condition. Any future acquisitions of other businesses, technologies, services or product(s) might require the Company
to obtain additional equity or debt financing, which might not be available on terms favorable to the Company, or at all, and such
financing, if available, might be dilutive.



8









Patent, Trademark, License and Franchise
Restrictions and Contractual Obligations and Concessions



We do not have any trademarks, patents, or
other intellectual property. In 2012, the two founders of the Company, along with a third party, as inventors, filed Patent Application
# 14/369339 entitled "Amooranin Compounds and Analogs Thereof and Related Methods of Use." The U.S. Patent Office informed
us that they published the aforementioned pending Patent on December 4, 2014 (Publication No. 2014-0357711A1). The Company is currently
working with its patent attorney to obtain a patent for this invention.



We plan to rely on trade secrets, technical
know-how, and continuing invention to develop and maintain our competitive position. We will take security measures to protect
our trade secrets, proprietary know-how and technologies, and confidential data and continue to explore further methods of protection.
Our policy is to execute confidentiality agreements with our employees and consultants upon the commencement of an employment or
consulting arrangement with us. These agreements generally require that all confidential information developed or made known to
the individual by us during the course of the individual’s relationship with us be kept confidential and not disclosed to
third parties. These agreements also generally provide that inventions conceived by the individual in the course of rendering services
to us shall be our exclusive property.





Research and Development Activities and
Costs



Research and development expenses related to
our specialty enzyme business include costs related to ongoing bioprocess development and manufacturing process yield improvements.
For the fiscal year ending June 30, 2016, the Company spent $11,080 in product research and development.



Effect of Government Regulation on Business



We are subject to various federal, state and
local environmental laws and regulations, including those relating to the discharge of materials into the air, water and ground,
the generation, storage, handling, use, transportation and disposal of hazardous materials, and the health and safety of our employees.













9









Non-drug biologically derived products, such
as the specialty enzymes we plan to produce are regulated in the United States based on their application, by either the United
States Food and Drug Administration, ("FDA"), the Environmental Protection Agency, ("EPA") in the case of plants
and animals, or the United States Department of Agriculture ("USDA"). In addition to regulating drugs, the FDA also regulates
food and food additives, feed and feed additives, and Generally Recognized As Safe substances used in the processing of food. The
EPA regulates biologically derived chemicals not within the FDA's jurisdiction. Although the food and industrial regulatory process
can vary significantly in time and expense from application to application, the timelines generally are shorter in duration than
the drug regulatory process.



In the United States,
transgenic agricultural products may be reviewed by the FDA, EPA, and USDA, depending on the plant and the trait engineered into
it. The regulatory process for these agricultural products can take up to five years of field testing under USDA oversight, and
up to another two years for applicable agencies to complete their reviews. At this time, we do not anticipate producing any enzymes
that would require FDA approval. Our processes would include combining enzymes that have already been approved the FDA.



Even after investing significant time and expenditures,
we may not obtain regulatory approval for our enzyme products that incorporate technologies that have not been approved for commercialization
in the United States or elsewhere. For example, the EPA regulates biologically derived chemical substances not within the FDA’s
jurisdiction. An unfavorable EPA ruling could delay commercialization or require modification of the production process resulting
in higher manufacturing costs, thereby making the product uneconomical. In addition, the USDA may prohibit genetically engineered
plants from being grown and transported except under an exemption, or under controls so burdensome that commercialization becomes
impracticable. Our future products may not be exempted by the USDA. In addition, new laws, new interpretations of existing laws,
increased governmental enforcement of environmental laws, or other developments could require us to make additional significant
expenditures.



We will be subject
to various federal, state and local environmental laws and regulations, including those relating to the discharge of materials
into the air, water and ground, the generation, storage, handling, use, transportation and disposal of hazardous materials, and
health and safety issues.



Outside of the United States, scientifically-based
standards, guidelines and recommendations pertinent to transgenic and other products intended for the international marketplace
are being developed by, among others, the representatives of national governments within the jurisdiction of the standard-setting
bodies, including Codex Alimentarius, the International Plant Protection Convention, and the Office des International Epizooties.
The use of the existing standard-setting bodies to address concerns about products of biotechnology is intended to harmonize risk-assessment
methodologies and evaluation of specific products or classes of products.





10









In the future we may be subject to additional
laws, regulations, policies, approvals and the like of federal, state, local, municipal, foreign and other bodies.





Compliance With Environmental Laws



We seek to comply with all applicable statutory
and administrative requirements concerning environmental quality. We have made, and will continue to make, expenditures for environmental
compliance and protection. Expenditures for compliance with environmental laws have not had, and are not expected to have, a material
effect on our capital expenditures, results of operation or competitive position.



Employees



The Company currently has: three officers and
one director. These individuals perform all of the job functions for the Company. The Company has no intention at this time to
add employees until it can become a profitable entity. The Company from time to time may retain independent consultants in connection
with its operations.



| | (i) | The Company's performance is dependent on the performance of its officers. In particular, the Company's
success depends on their ability to develop a business strategy which will be successful for the Company.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (ii) | The Company does not carry key person life insurance on any of its
personnel. The loss of the services of any of its executive officers or other key employees could have a material adverse effect
on the business, results of operations and financial condition of the Company. The Company's future success also depends on its
ability to retain and attract highly qualified technical and managerial personnel.
| | ---- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (iii) | There can be no assurance that the Company will be able to retain
its key managerial and technical personnel or that it will be able to attract and retain additional highly qualified technical
and managerial personnel in the future. The inability to attract and retain the technical and managerial personnel necessary to
support the growth of the Company's business, due to, among other things, a large increase in the wages demanded by such personnel,
could have a material adverse effect upon the Company's business, results of operations and financial condition.
| | ----- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------













11









Item 1A. Risk Factors.





Risk Factors Relating to Our Company





RISK FACTORS RELATING TO OUR FINANCIAL CONDITION



1.
We have a limited historical financial information upon which you may evaluate our performance.



We have a limited history and we are subject
to all risks inherent in a developing business enterprise. Our likelihood of success must be considered in light of the problems,
expenses, difficulties, complications, and delays frequently encountered in connection with manufacturing specialty enzymes and
the competitive and regulatory environment in which we operate. You should consider, among other factors, our prospects for success
in light of the risks and uncertainties encountered by companies that, like us, are in their early stages of research. We may not
successfully address these risks and uncertainties or successfully implement our operating and acquisition strategies. If we fail
to do so, it could materially harm our business to the point of having to cease operations and could impair the value of our common
stock to the point investors may lose their entire investment. Even if we accomplish these objectives, we may not generate positive
cash flows or profits we anticipate in the future.



2.
As we have HAD minimal revenues since our inception, there is no assurance that we will be able to continue as a going concern.



Our financial statements included with this
Annual Report for the year ended June 30, 2016, have been prepared assuming that we will continue as a going concern. Our auditors
have made reference to the substantial doubt as to our ability to continue as a going concern in their audit report on our audited
financial statements for the year ended June 30, 2016. Because the Company has been issued an opinion by its auditors that substantial
doubt exists as to whether the Company can continue as a going concern, it may be more difficult for the Company to attract investors.
Since our auditors have raised a substantial doubt about our ability to continue as a going concern, this typically results in
greater difficulty to obtain loans than businesses that do not have a qualified auditors opinion. Additionally, any loans we might
obtain may be on less advantageous terms. Our future is dependent upon our ability to obtain financing and upon future profitable
operations from the sale of our future enzyme products. We plan to seek additional funds through private placements of our common
stock. You may be investing in a company that will not have the funds necessary to continue to deploy its business strategies.
If we are not able to achieve revenues or find financing, then we likely will be forced to cease operations and investors will
likely lose their entire investment.



12



3.WE
MAY NOT BE ABLE TO ATTAIN PROFITABILITY WITHOUT ADDITIONAL FUNDING, WHICH MAY BE UNAVAILABLE.



We have prepared audited financial statements
for the year end for June 30, 2016, which show we have cash and cash equivalents of $137,192. Our ability to continue to operate
as a going concern is fully dependent upon the Company obtaining sufficient financing to continue its development and operational
activities. The ability to achieve profitable operations is in direct correlation to our ability to generate revenues or raise
sufficient financing. It is important to note that even if the appropriate financing is received, there is no guarantee that we
will ever be able to operate profitably or derive any significant revenues from its operation. Management believes, for the next
twelve months, it has sufficient funds available to implement its business, on a limited basis.



4. IF WE ARE NOT ABLE TO COMPETE EFFECTIVELY
AGAINST LARGER BIOMEDICAL MANUFACTURERS WITH GREATER RESOURCES, OUR PROSPECTS FOR FUTURE SUCCESS WILL BE JEOPARDIZED.



We will face intense competition from larger
and better-established biomedical manufacturers that may prevent us from ever becoming a significant company. Management expects
the competition to intensify in the future. Pressures created by our future competitors could negatively impact our business, results
of operations and financial condition.



Many of our potential competitors have longer
operating histories, larger customer bases, greater brand recognition and significantly greater financial, marketing, technical
and other resources. In addition, our competitors may acquire or be acquired by, receive investments from or enter into other commercial
relationships with larger, well-established and well-financed competitors. Therefore, some of our competitors with other revenue
sources may be able to devote greater resources to marketing and promotional campaigns, adopt more aggressive pricing policies
and devote substantially more resources to product development. There can be no assurance that we will be able to compete successfully
against current and future competitors.





















13











COMPANY RISK FACTORS



5. IF WE ARE UNABLE TO RESPOND EFFECTIVELY
AS TECHNOLOGIES AND MARKET TRENDS EMERGE, OUR COMPETITIVE POSITION AND OUR ABILITY TO GENERATE REVENUES AND PROFITS MAY BE HARMED.



To be successful, we must keep pace with rapid
changes in enzyme research and technology, changing customer requirements, new innovations by competitors and evolving industry
standards, any of which could render our existing products obsolete if we fail to respond in a timely manner. For example, if new
enzyme applications are introduced by our competitors not part of our technology, or if effective new sources of enzymes are discovered,
our future products and technology could become less competitive or obsolete. If competitors develop innovative applications and
technology that is superior to ours or if we fail to accurately anticipate market trends and respond on a timely basis with our
own innovations, our potential competitive position may be harmed and we may not achieve sufficient growth in our revenues to attain,
or sustain, profitability.





6. THERE MAY BE A POSSIBLE INABILITY TO
FIND SUITABLE EMPLOYEES.



In order to implement our business plan, management
recognizes that additional staff will be required. No assurances can be given that we will be able to find suitable employees that
can support our needs or that these employees can be hired on favorable terms. We do not plan to hire any additional employees
until our cash flows can justify the expense. When we are ready to hire new employees, we will most likely look for people who
have some type of chemistry experience or a working knowledge of chemical engineering, which may be difficult to find.





7. WE MAY BE LIABLE FOR THE PRODUCTS WE
PLAN TO PRODUCE.



There is no guarantee that the level of insurance
coverage we secure will be adequate to protect us from risks associated with claims that exceed the level of coverage maintained.
As a result of our limited operations to date, no threatened or actual claims have been made upon us for product liability.















14





8. THE ENZYME COMPOUND INDUSTRY IS SUBJECT
TO PRICING PRESSURES THAT MAY CAUSE US TO REDUCE THE FUTURE GROSS MARGINS FOR OUR PRODUCTS.



If we are able to become operational, management
believes to be competitive, we might be required to adjust our prices in response to industry-wide pricing pressures. Our competitors
may possibly source from regions with lower costs than those of our sourcing partners and those competitors may apply such additional
cost savings to further reduce prices.



We are not currently
operational. If we are able to become operational, management believes increased customer demands for markdown allowances, incentives
and other forms of economic support might reduce our gross margins and affect our profitability. Our financial performance may
be negatively affected by these pricing pressures if we are forced to reduce our prices without being able to correspondingly reduce
our costs for finished goods or if our costs for finished goods increase and we cannot increase our prices.Management wants
investors to know that there are no assurances that we may ever achieve acceptable operating margins, we may never obtain any share
of the market, or be able to establish any value for our enzyme products.





9. THE LOSS OF ONE OR MORE OF OUR FUTURE
SUPPLIERS OF RAW MATERIALS MAY INTERRUPT OUR SUPPLIES.



We plan to purchase our raw materials from
a limited number of third-party suppliers. We do not have any material or long-term contracts in place with any suppliers at this
time. Furthermore, our future suppliers also purchase the components of our products from a limited number of suppliers. The loss
of one or more of these vendors could interrupt our supply chain and impact our ability to deliver products to our customers, which
would have a material

adverse effect on our future net sales and
profitability.





10. INCREASES IN THE PRICE OF RAW MATERIALS
USED TO MANUFACTURE OUR ENZYME PRODUCTS COULD MATERIALLY INCREASE OUR COSTS AND DECREASE OUR PROFITABILITY.



The prices for enzyme components are dependent
on the market price for the raw materials used to produce them. There can be no assurance that prices for these and other raw materials
will not increase in the near future.





15













These raw materials are subject to price volatility
caused by supply conditions, power outages, government regulations, economic climate and other unpredictable factors. Any raw material
price increase would increase our cost of sales and decrease our future profitability unless we are able to pass higher prices
on to our customers. In addition, if one or more of our competitors is able to reduce its production costs by taking advantage
of any reductions in raw material prices or favorable sourcing agreements, we may face pricing pressures from those competitors
and may be forced to reduce our prices or face a decline in net sales, either of which could have a material and adverse effect
on our business, results of operations and financial condition.



11.
We do not own equipment with the capacity to manufacture products on a commercial scale. If we are unable to access the capacity
to manufacture products in sufficient quantity, we may not be able to commercialize our products or generate significant sales.



We have only limited experience in enzyme manufacturing,
and we do not have our own internal capacity to manufacture specialty enzyme products on a commercial scale. We expect to be dependent
to a significant extent on third parties for commercial scale manufacturing of our specialty enzyme products. We do not have any
arrangements with third parties that have the required manufacturing equipment and available capacity to manufacture our commercial
enzymes. While we plan to build our own pilot development facility, we will continue to depend on third parties for large-scale
commercial manufacturing. Any difficulties or interruptions of service with our third party manufacturers or our own pilot manufacturing
facility could disrupt our research and development efforts, delay our commercialization of specialty enzyme products, and harm
our relationships with our specialty enzyme strategic partners, collaborators, or customers.





12.
We may pursue specialty enzyme products that ultimately require more resources than we anticipate or which may be technically unsuccessful.



We currently have only limited resources and
capability to develop, manufacture, market, sell, or distribute specialty enzyme products on a commercial scale. We will determine
which specialty enzyme products to pursue independently based on various criteria, including: investment required, estimated time
to market, regulatory hurdles, infrastructure requirements, and industry-specific expertise necessary for successful commercialization.
At any time, we may modify our strategy and pursue collaborations for the development and commercialization of some specialty enzyme
products that we had intended to pursue independently. We may pursue specialty enzyme products that ultimately require more resources
than we anticipate or which may be technically unsuccessful. In order for us to commercialize more specialty enzyme products



16







directly, we would need to establish or obtain
through outsourcing arrangements additional capability to develop, manufacture, market, sell, and distribute such products. If
we are unable to successfully commercialize specialty enzyme products resulting from our internal product development efforts,
we will continue to incur losses in our specialty enzymes business, as well as in our business as a whole. Even if we successfully
develop a commercial specialty enzyme product, we may not generate significant sales and achieve profitability in our specialty
enzymes business, or in our business as a whole.





13.
We may not be able to develop manufacturing capacity sufficient to meet demand in an economical manner or at all.



If demand for enzyme products increases beyond
the scope of our future production facilities, we may incur significant expenses in the expansion and/or construction of production
facilities and increases in personnel in order to increase production capacity. Any unanticipated expansion requirements may cause
complications for delays in production, which could result in a loss of business and customers. To finance the expansion of a commercial-scale
production facility is complex and expensive. We cannot assure you that we will have the necessary funds to finance the development
of production facilities, or that we will be able to develop this infrastructure in a timely or economical manner, or at all.





14.
Our officers have no experience in operating an operational specialty enzyme company, and have no experience in evaluating the
success of future products.



Our executive officers, who have chemical engineering
education and a pharmaceutical background, have no experience in operating a specialty enzyme Company. Their work history includes
working for an antibiotic laboratory and working as a production engineer. They have no experience in independently developing,
manufacturing, marketing, selling, and distributing commercial specialty enzyme products. Due to their lack of experience, our
executive officers may make wrong decisions and choices regarding selection of products to pursue on behalf of the Company. Consequently,
our Company may suffer irreparable harm due to management's lack of experience in this industry. As a result we may have to suspend
or cease operations, which will result in the loss of your investment.







17











15.
We expect that certain enzyme development will require us to use hazardous materials in our business. Any claims relating to improper
handling, storage, or disposal of these materials could be time consuming and costly and could adversely affect our business and
results of operations.



Our research and development processes may
involve the controlled use of hazardous materials, including chemical, and biological materials. We cannot eliminate entirely the
risk of accidental contamination or discharge and any resultant injury from these materials. Federal, state, and local laws and
regulations govern the use, manufacture, storage, handling, and disposal of these materials. We may be sued for any injury or contamination
that results from our use or the use by third parties of these materials, and our liability may exceed our total assets. In addition,
compliance with applicable environmental laws and regulations may be expensive, and current or future environmental regulations
may impair our research, development, or production efforts. We plan to purchase insurance to protect us from potential losses;
however, at this time, we do not have any insurance coverage for accidental contamination, discharge or any resultant injury from
these hazardous materials.





16.
We are subject to all governmental rules, laws and regulations relating to the biomedicals industry in the U.S.



We are subject to all governmental rules, laws
and regulations relating to the biomedical industry in the U.S., and we fully intend to comply therewith.



Biologically derived enzyme products are regulated
in the United States based on their application, by either the United States Food and Drug Administration ("FDA"), or
the Environmental Protection Agency ("EPA"), or, in the case of plants and animals, the United States Department of Agriculture
("USDA"). In addition to regulating drugs, the FDA also regulates food and food additives, feed and feed additives, and
GRAS (Generally Recognized As Safe) substances used in the processing of food. The EPA regulates biologically derived chemicals
not within the FDA's jurisdiction.



Under current FDA policy, our future products
will most likely come within the FDA's jurisdiction, may be subject to lengthy FDA reviews and unfavorable FDA determinations if
they raise safety questions which cannot be satisfactorily answered, if results do not meet regulatory requirements or if they
are deemed to be food additives whose safety cannot be demonstrated. An unfavorable FDA ruling could be difficult to resolve and
could prevent a product from being commercialized. Even after investing significant time and expenditures, we may not obtain regulatory
approval for any drug products that incorporate our technologies or inventions.



18









The EPA regulates biologically derived chemical
substances not within the FDA's jurisdiction. An unfavorable EPA ruling could delay commercialization or require modification of
the production process resulting in higher manufacturing costs, thereby making the product uneconomical. In addition, the USDA
may prohibit genetically engineered plants from being grown and transported except under an exemption, or under controls so burdensome
that commercialization becomes impracticable. Our future products may not be exempted by the USDA.



Further, there is no assurance the governmental
agencies having jurisdiction over us, our operations and properties, will not enact laws, rules and/or regulations in the future
which may have an adverse impact on us and our operations.





17.
Our results of operations may be adversely affected by environmental, health and safety laws, regulations and liabilities.



We are subject to various federal, state and
local environmental laws and regulations, including those relating to the discharge of materials into the air, water and ground,
the generation, storage, handling, use, transportation and disposal of hazardous materials, and the health and safety of our employees.
We will need to meet a significant number of environmental and other regulations and standards established by various federal,
state and local regulatory agencies.



In addition, some of these laws and regulations
require our contemplated facilities to operate under permits that are subject to renewal or modification. These laws, regulations
and permits can often require expensive pollution control equipment or operational changes to limit actual or potential impacts
to the environment. As these regulations and standards evolve, and if new regulations or standards are implemented, we may be required
to modify our proposed facilities and processes or develop and support new facilities or processes and this will increase our costs.
Any failure to comply, or delays in compliance, with the various existing and evolving industry regulations and standards could
prevent or delay our production of specialty enzyme products. Any inability to address these requirements and any regulatory changes
could have a material adverse effect on our specialty enzyme business, financial condition and operating results.



A violation of these laws and regulations or
permit conditions can result in substantial fines, natural resource damages, criminal sanctions, permit revocations and/or facility
shutdowns.







19









18.
BERKELEY CLINIC, LC controls 63.6% OF THE TOTAL VOTING POWER OF OUR CAPITAL that will allow them to control the Company.



As of September 20, 2016, Berkeley Clinic,
LC ("Berkeley") controls approximately 63.6% of the total voting power of our outstanding capital stock. As a result,
Berkeley will have the ability to control substantially all matters submitted to our stockholders for approval including:



a)     
election of our board of directors;



b)     
removal of any of our directors;



c)     
amendment of our Articles of Incorporation or bylaws; and



d)     
adoption of measures that could delay or prevent a change in control or impede a merger, takeover or other business combination
involving us.



As a result of its ownership of all of the
2,500,000 outstanding shares of Series A Preferrd Stock, Berkeley has the ability to influence all matters requiring shareholder
approval, including the election of directors and approval of significant corporate transactions. In addition, the future prospect
of sales of significant amounts of shares held by our officers, directors and 5% stockholders could affect the market price of
our common stock if the marketplace does not orderly adjust to the increase in shares in the market and the value of your investment
in the Company may decrease. Berkeley's stock ownership may discourage a potential acquirer from making a tender offer or otherwise
attempting to obtain control of us, which in turn could reduce our stock price or prevent our stockholders from realizing a premium
over our stock price.





19.
Some of our officers and directors have other business ventures.



As disclosed in their biographies contained
herein, some of our officers and directors work with other companies in addition to their work for us. John Dean Harper, Esq.,
our Corporate Secretary and Interim Accounting Officer, has his own law practice. Therefore, it is possible that a conflict of
interest with regard to his time may arise based on his involvement in other activities. Although none of our officers and directors
are currently working for any other companies in the biomedical industry, they are not prohibited from doing so.







20









If one or more of our officers or directors began working
for another biomedical company it could take away from the time they currently spend working on our business affairs and could
create a potential conflict of interest. We do not have any employment agreements with any of our officers, which means they are
not obligated to continue to work for the Company and can resign their positions whenever they are inclined to do so.





RISK FACTORS RELATING TO OUR COMMON STOCK
AND THIS OFFERING





20.
We have never declared dividends on our common stock and do not plan to do so in the foreseeable future.



We intend to retain any future earnings to
finance the operation and expansion of its business and do not anticipate paying any cash dividends in the foreseeable future.
As a result, stockholders will need to sell shares of common stock in order to realize a return on their investment, if any. You
should not rely on an investment in our company if you require dividend income. The only possibility of any income to investors
would come from any rise in the market price of your stock, which is uncertain and unpredictable.



A holder of common stock will be entitled to
receive dividends only when, as, and if declared by the Board of Directors out of funds legally available therefore. We have never
issued dividends on our common stock. Our Board of Directors will determine future dividend policy based upon our results of operations,
financial condition, capital requirements, and other circumstances.



21.
Holders of our common stock have a risk of potential dilution if we issue additional shares of common stock in the future.



Although our Board of Directors intends to
utilize its reasonable business judgment to fulfill its fiduciary obligations to our existing stockholders in connection with any
future issuance of our common stock, the future issuance of additional shares of our common stock would cause immediate, and potentially
substantial, dilution to the net tangible book value of those shares of common stock that are issued and outstanding immediately
prior to such transaction. Any future decrease in the net tangible book value of our issued and outstanding shares could have a
material effect on the market value of the shares.



21









22.
We do not have insurance and, therefore, liability we incur could have substantial impact on our ability to continue as a going
concern.



We have limited capital and, therefore, we
do not currently have a policy of insurance against liabilities arising out of the negligence of our officers and directors and/or
arising from deficiencies in any of our business operations. Even assuming we obtained insurance, there is no assurance that such
insurance coverage would be adequate to satisfy any potential claims made against us, our officers and directors, or our business
operations or assets. Any such liability which might arise could be substantial and would likely exceed our total assets. However,
our Articles of Incorporation and Bylaws provide for indemnification of officers and directors to the fullest extent permitted
under Nevada law. Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors,
officer and controlling persons, it is the opinion of the U. S. Securities and Exchange Commission that such indemnification is
against public policy, as expressed in the Act, and is therefore, unenforceable.





23.
If we fail to maintain an effective system of internal controls, we may not be able to accurately report our financial results
or prevent fraud and as a result, investors may be misled and lose confidence in our financial reporting and disclosures, and the
price of our common stock may be negatively affected.



The Sarbanes-Oxley Act of 2002 requires that
we report annually on the effectiveness of our internal control over financial reporting. A "significant deficiency"
means a deficiency or a combination of deficiencies, in internal control over financial reporting that is less severe than a material
weakness yet important enough to merit attention by those responsible for oversight of the Company’s financial reporting.
A "material weakness" is a deficiency or a combination of deficiencies in internal control over financial reporting,
such that there is a reasonable possibility that a material misstatement of the annual or interim financial statements will not
be prevented or detected on a timely basis.



As of June 30, 2016 management assessed the
effectiveness of our internal control over financial reporting based on the criteria for effective internal control over financial
reporting. The matters involving internal controls and procedures that our management considered to be material weaknesses under
the standards of the Public Company Accounting Oversight Board were: (1) lack of a functioning audit committee due to a lack of
a majority of independent members and a lack of a majority of outside directors on our board of directors, resulting in ineffective
oversight in the establishment and monitoring of required internal controls and procedures; and (2) inadequate segregation of duties
consistent with control objectives.





22









In addition, in connection with our on-going
assessment of the effectiveness of our internal control over financial reporting, we may discover "material weaknesses"
in our internal controls as defined in standards established by the Public Company Accounting Oversight Board, or the PCAOB. A
material weakness is a significant deficiency, or combination of significant deficiencies, that results in more than a remote likelihood
that a material misstatement of the annual or interim financial statements will not be prevented or detected.



Failure to provide effective internal controls
may cause investors to lose confidence in our financial reporting and may negatively affect the price of our common stock. Moreover,
effective internal controls are necessary to produce accurate, reliable financial reports and to prevent fraud. If we have deficiencies
in our internal controls over financial reporting, these deficiencies may negatively impact our business and operations.



24.LOW-PRICED STOCKS MAY AFFECT THE RESELL OF OUR SHARES.



Penny Stock Regulation Broker-dealer practices
in connection with transactions in "Penny Stocks" are regulated by certain penny stock rules adopted by the Securities
and Exchange Commission. Penny stocks generally are equity securities with a price of less than $5.00 (other than securities registered
on certain national securities exchanges or quoted on the NASDAQ system). The penny stock rules require a broker-dealer, prior
to a transaction in a penny stock not otherwise exempt from the rules, to deliver a standardized risk disclosure document that
provides information about penny stocks and the risk associated with the penny stock market. The broker-dealer must also provide
the customer with current bid and offer quotations for the penny stock, the compensation of the broker-dealer and its salesperson
in the transaction, and monthly account statements showing the market value of each penny stock held in the customer's account.
In addition, the penny stock rules generally require that prior to a transaction in a penny stock; the broker-dealer must make
a written determination that the penny stock is a suitable investment for the purchaser and receive the purchaser's written agreement
to the transaction. These disclosure requirements may have the effect of reducing the level of trading activity in the secondary
market for a stock that becomes subject to the penny stock rules. Since the Company's common stock has a trading price of less
than $5.00 per share and is not traded on any exchange,it is subject to the penny stock rules and investors may find it more difficult
to sell their securities, should they desire to do so.













23







25. IN THE FUTURE, WE WILL INCUR INCREMENTAL
COSTS AS A RESULT OF OPERATING AS A PUBLIC COMPANY, AND OUR MANAGEMENT WILL BE REQUIRED TO DEVOTE SUBSTANTIAL TIME TO COMPLIANCE
INITIATIVES.



Because we are a fully reporting company with
the SEC, we will incur additional legal, accounting and other expenses. Moreover, the Sarbanes-Oxley Act of 2002 (the "Sarbanes-Oxley
Act"), as well as new rules subsequently implemented by the SEC, have imposed various new requirements on public companies,
including requiring changes in corporate governance practices. Our management will need to devote a substantial amount of time
to these new compliance initiatives. Moreover, these rules and regulations will increase our legal and financial compliance costs
and will make some activities more time-consuming and costly.

































































24







Item 1B. Unresolved Staff Comments.



Not applicable.



Item 2. Properties.



Our offices are currently located at 8440 W.
Lake Mead, Suite 214, Las Vegas, NV 89128. Management believes that its current facilities are adequate for its needs, and that,
should it be needed, suitable additional space will be available to accommodate expansion of the Company's operations on commercially
reasonable terms, although there can be no assurance in this regard.



Item 3. Legal Proceedings.



From time-to-time, we may become involved in
various lawsuits and legal proceedings, which arise in the ordinary course of business. However, litigation is subject to inherent
uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business.



In November 2015,
the Company filed a complaint titled EnzymeBioSystems v. Edward C. Zimmerman, III, Case No. A-15-727138-CV, Department, filed in
the District Court of the State of Nevada for Clark County. EnzymeBioSystems, the plaintiff in this matter, brings an action against
Edward C. Zimmerman III, the defendant, for reimbursement of $38,567.95 in unauthorized expenditures.While considerable
uncertainty exists, it is difficult to ascertain the outcome of any litigation.





Item 4. Mine Safety Disclosure.



Not applicable.





























25







PART II



Item 5. Market for Registrant's Common Equity,
Related Stockholder Matters and Issuer Purchases of Equity Securities.



(a) Market Information



EnzymeBioSystems Common Stock, $0.001 par value,
was cleared for quotation on the OTC-Bulletin Board on November 4, 2010, under the symbol: ENZB. The range of high and low closing
trading price information for each quarter in the past two years is set forth below. These quotations reflect inter-dealer prices
without retail mark-up, mark-down or commission.





|Year ended June 30, 2016 |  | High |      |  | Low |  
|------------------------ |  | ---- | ---- |  | --- | -
|First Quarter            |  | $    | 2.39 |  |     | $
|Second Quarter           |  | $    | 0.40 |  |     | $
|Third Quarter            |  | $    | 0.15 |  |     | $
|Fourth Quarter           |  | $    | 0.10 |  |     | $
|                         |  |     
|Year ended June 30, 2015 |  | High |      |  | Low |  
|First Quarter            |  | $    | 2.10 |  |     | $
|Second Quarter           |  | $    | 2.60 |  |     | $
|Third Quarter            |  | $    | 3.88 |  |     | $
|Fourth Quarter           |  | $    | 1.60 |  |     | $
|                         |  |     



*All numbers have been adjusted for a 1-for-2
reverse split that took place on June 18, 2015.





(b) Holders of Common Stock



As of September 20, 2016, the Company has a
total of 16,641,822 common shares issued and outstanding held by approximately one hundred (100) shareholders.



(c) Dividends



In the future we intend to follow a policy
of retaining earnings, if any, to finance the growth of the business and do not anticipate paying any cash dividends in the foreseeable
future. The declaration and payment of future dividends on the Common Stock will be at the sole discretion of board of directors
and will depend on our profitability and financial condition, capital requirements, statutory and contractual restrictions, future
prospects and other factors deemed relevant.





26









(d) Securities Authorized for Issuance under
Equity Compensation Plans



There are no outstanding grants or rights or
any equity compensation plan in place.



(e) Recent Sales of Unregistered Securities



The Company did not sell any stock during the
fiscal year ended June 30, 2016.



(f) Preferred Stock



On January 28, 2011, EnzymeBioSystems entered
into an Exclusive Technology License and Patents Agreement with Berkeley Clinic LC, an Arizona Limited Liability Company, whereby
Berkeley Clinic LC was granted:



| | 1) | an exclusive fifty (50) percent ownership in all EnymeBioSystems
proprietary enzyme products;
| | -- | ---------------------------------------------------------------------------------------------

| | 2) | the assignment of all rights, title and interest in all future patents
(domestic and foreign) granted in all enzyme products developed by EnzymeBioSystems; and,
| | -- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 3) | and one million (1,000,000) unregistered restricted Series A Preferred
shares of EnzymeBioSystems,
| | -- | --------------------------------------------------------------------------------------------------



in exchange for One Hundred Fifty Thousand
($150,000) Dollars. The Series A Preferred Shares carry a voting weight equal to ten (10) Common Shares. The shares of Series A
Preferred Stock are not redeemable and cannot be converted into Common Shares, unless it is approved by the Board of Directors
and agreed upon by the Series A Preferred Shareholders. The Company used these funds to further capitalize the Company, and work
towards the development of proprietary enzyme products.



On May 2, 2014, EnzymeBioSystems issued 4,000,000
unregistered restricted shares of Series A Preferred Stock to Berkeley Clinic, LCin
order to satisfy the terms of a Purchase Agreement with Berkeley. The shares were issued pursuant to the exemption from registration
provided by Section 4(2) of the Securities Act. We believed that Section 4(2) was available because the offer and sale did not
involve a public offering and there was not general solicitation or general advertising involved in the offer or sale.



The 2,500,000 (reverse split adjusted) shares
of Series A Preferred Stock issued and outstanding are not redeemable and cannot be converted into Common Shares, unless it is
approved by the Board of Directors and agreed upon by the Series A Preferred Shareholders.



(g) Issuer Purchases of Equity Securities



We did not repurchase any of our equity securities
during the years ended June 30, 2016 or June 30, 2015.



27

Item 6. Selected Financial Data.



Not applicable.



Item 7. Management's Discussion and Analysis
of Financial Condition and Results of Operations.



Overview of Current Operations



EnzymeBioSystems plans to contract manufacturer
and market specialty enzymes and enzyme related products.



Results of Operations for the year ended
June 30, 2016



We generated no revenues since our inception
on June 26, 2009 through June 30, 2016. We do not anticipate earning any significant revenues until such time as we can produce
and market specialty enzyme products. We are presently in the development stage of our business and we can provide no assurance
that we will be successful in finding a market for our specialty enzyme products.



Since our inception on June 26, 2009 through
June 30, 2016, we experienced a net loss of $(1,126,558). For the year ended June 30, 2016, we
had an operating loss of $(125,359)as compared to a loss of $(178,304) for the same period last
year. Our loss for the year ended June 30, 2016 was primarily attributable to officer compensation of $71,000, legal fees of $6,300,
research and development of $11,080, and auditing and review fees of $22,500.



Revenues



We generated no revenues for the period from
June 26, 2009 (inception) through June 30, 2016. We do not anticipate generating any significant revenues until we can develop
a market for our specialty enzymes.



Liquidity and Capital Resources



Our balance sheet as of June 30, 2016 reflects
current assets of $140,042 and current liabilities of $4,100.



Notwithstanding, we anticipate generating losses
and therefore we may be unable to continue operations in the future. We anticipate we will require additional capital where we
would have to issue debt or equity or enter into a strategic arrangement with a third party. There can be no assurance that additional
capital will be available to us. We currently have no agreements, arrangements or understandings with any person to obtain funds
through bank loans, lines of credit or any other sources.

28



We believe we have sufficient cash on hand
to keep our Company fully reporting for the next twelve (12) months. If we do not have sufficient cash, our directors are committed
to contribute sufficient cash to keep the business operational for the next twelve months.



Future Financings



We anticipate continuing to rely on equity
sales of our common shares in order to continue to fund our business operations. Issuances of additional shares will result in
dilution to our existing shareholders. There is no assurance that we will achieve any of additional sales of our equity securities
or arrange for debt or other financing to fund our research and development activities.





Going Concern



The financial conditions evidenced by the accompanying
financial statements raise substantial doubt as to our ability to continue as a going concern. Our plans include obtaining additional
capital through debt or equity financing. The financial statements do not include any adjustments that might be necessary if we
are unable to continue as a going concern.





Summary of any product research and development
that we will perform for the term of our plan of operation.



For the fiscal year ending June 30, 2016, the
Company spent $11,080 in product research and development. As the Company moves forward, management expects to spend a significant
amount of monies on animal studies and the research required to obtain an IND from the Food and Drug Administration.



Expected purchase or sale of property and
significant equipment



We do not anticipate the purchase or sale of
any property or significant equipment; as such items are not required by us at this time.



Significant changes in the number of employees



As of June 30, 2016, we did not have any employees.
We are dependent upon our officers and director for our future business development. As our operations expand we anticipate the
need to hire additional employees, consultants and professionals; however, the exact number is not quantifiable at this time.





29









Off-Balance Sheet Arrangements



We do not have any off-balance sheet arrangements
that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition,
revenues or expenses, results or operations, liquidity, capital expenditures or capital resources that is material

to investors.



Critical Accounting Policies and Estimates



Revenue Recognition: The Company recognizes
revenue on an accrual basis as it invoices for services. Revenue is generally realized or realizable and earned when all of the
following criteria are met: 1) persuasive evidence of an arrangement exists between the Company and our customer(s); 2) services
have been rendered; 3) our price to our customer is fixed or determinable; and 4) collectability is reasonably assured.



Recent Pronouncements



The Company's management has evaluated all
the recently issued accounting pronouncements through the filing date of these financial statements and does not believe that any
of these pronouncements will have a material impact on the Company's financial position and results of operations.





Item 7A. Quantitative and Qualitative Disclosures
about Market Risk.



Not applicable.

































30











Item 8. Financial Statements and Supplementary Data.





EnzymeBioSystems Financial Statements

June 30, 2016





Index to Financial Statements



|Financial Statements of EnzymeBioSystems:                                                      | Page
|---------------------------------------------------------------------------------------------- | ----
|Report of Independent Registered Public Accounting Firm                                        | F-1 
|Balance Sheets as of June 30, 2016 and June 30, 2015                                           | F-2 
|Statements of Operations for the years ended June 30, 2016 and June
        30, 2015           | F-3 
|Statements of Stockholders' Equity for the years ended June 30,
        2016 and June 30, 2015 | F-4 
|Statements of Cash Flows for the years ended June 30, 2016 and June
        30, 2015           | F-5 
|Notes to Financial Statements                                                                  | F-6 





































31







REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM





To the Board of Directors and Stockholders of EnzymeBioSystems



I have audited the accompanying balance sheets of EnzymeBioSystems
(the “Company”) as of June 30, 2016 and 2015 and the related statements of operations, stockholders’ equity,
and cash flows for the years then ended. These financial statements are the responsibility of the Company’s management. My
responsibility is to express an opinion on these financial statements based on my audits.



I conducted my audits in accordance with the standards of the Public
Company Accounting Oversight Board (United States). Those standards require that I plan and perform the audit to obtain reasonable
assurance about whether the financial statements are free of material misstatement.  An audit includes examining, on
a test basis, evidence supporting the amounts and disclosures in the financial statements.  An audit also includes assessing
the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement
presentation.  I believe that my audits provide a reasonable basis for my opinion.



In my opinion, the financial statements referred to above present
fairly, in all material respects, the financial position of EnzymeBioSystems as of June 30, 2016 and 2015 and the results of its
operations and cash flows for the years then ended in conformity with accounting principles generally accepted in the United States.



The accompanying financial statements referred to above have been
prepared assuming that the Company will continue as a going concern. As discussed in Note 3 to the financial statements, the Company’s
present financial situation raises substantial doubt about its ability to continue as a going concern. Management’s plans
in regard to this matter are also described in Note 3. The financial statements do not include any adjustments that might result
from the outcome of this uncertainty.



/s/ Michael T. Studer CPA P.C.

Michael T. Studer CPA P.C.





Freeport, New York

September 20, 2016



F-1

EnzymeBioSystems

Balance Sheets



|                                    |                                                     |                                                                                                           |                          | June 30, 2016           |                             | June 30, 2015
|----------------------------------- | --------------------------------------------------- | --------------------------------------------------------------------------------------------------------- | ------------------------ | ----------------------- | --------------------------- | -------------
|                                    |                                                     | ASSETS                                                                                                    |                          |                         |                             |              
|Current assets:                     |                                                     |                                                                                                           |                          |                        
|Cash and cash equivalents           |                                                     | $               140,042                                                                                   |                          | $ 270,471              
|                                    | Prepaid expense                                     |                                                                                                           | -                        |                         | -                          
|                                    |                                                     | Total current assets                                                                                      |                          | 140,042                 |                             | 270,471      
|                                    |                                                     |                                                                                                           |                          |                         |                             |              
|TOTAL ASSETS                        |                                                     | $               140,042                                                                                   |                          | $               270,471
|                                    |                                                     |                                                                                                           |                          |                         |                             |              
|                                    |                                                     | LIABILITIES AND STOCKHOLDERS' EQUITY                                                                      |                          |                         |                             |              
|Current liabilities:                |                                                     |                                                                                                           |                          |                        
|                                    | Accounts payable                                    |                                                                                                           | $                 100    |                         | $                  2,000   
|                                    | Accrued expenses                                    |                                                                                                           | 4,000                    |                         | 7,068                      
|                                    | Due to related party                                |                                                                                                           | -                        |                         | 102                        
|                                    |                                                     | Total current liabilities                                                                                 |                          | 4,100                   |                             | 9,170        
|                                    |                                                     |                                                                                                           |                          |                         |                             |              
|Stockholders' equity:               |                                                     |                                                                                                           |                          |                        
|                                    | Preferred stock, $0.001 par value, 5,000,000 shares |                                                                                                           |                          |                        
|                                    |                                                     | authorized, 2,500,000 and 2,500,000 shares issued and outstanding as of June 30, 2016 and 2015,           |                          |                         |                             |              
|                                    |                                                     | respectively                                                                                              |                          | 2,500                   |                             | 2,500        
|                                    |                                                     |                                                                                                           |                          |                         |                             |              
|                                    | Common stock, $0.001 par value, 195,000,000 shares  |                                                                                                           |                          |                        
|                                    |                                                     | authorized, 16,641,822 and 16,641,822 shares issued
        and outstanding as of June 30, 2016 and 2015, |                          |                         |                            
|                                    |                                                     | respectively                                                                                              |                          | 16,642                  |                             | 16,642       
|                                    |                                                     |                                                                                                           |                          |                         |                             |              
|                                    | Additional paid-in capital                          |                                                                                                           | 1,243,358                |                         | 1,243,358                  
|                                    | Accumulated deficit                                 |                                                                                                           | (1,126,558)              |                         | (1,001,199)                
|                                    |                                                     | Total stockholders' equity                                                                                |                          | 135,942                 |                             | 261,301      
|TOTAL LIABILITIES AND STOCKHOLDERS' |                                                     |                                                                                                           |                          |                        
|                                    | EQUITY                                              |                                                                                                           | $                140,042 |                         | $                   270,471



The accompanying notes are an integral part
of these financial statements.



F-2







EnzymeBioSystems

Statements of Operations





|                         |                                                                                  |                               |  | For the year ended
        June 30, 2016 |  | For the year ended June 30, 2015
|------------------------ | -------------------------------------------------------------------------------- | ----------------------------- |  | ---------------------------------------- |  | --------------------------------
|                         |                                                                                  |                               |  |                                          |  |                                 
|Revenue                  |                                                                                  | $                           - |  | $                            -          
|                         |                                                                                  |                               |  |                                         
|                         | Operating expenses:                                                              |                               |  |                                          | 
|                         |                                                                                  | Officers' compensation        |  | 71,000                                   |  | 55,000                          
|                         |                                                                                  | Investor relations            |  | -                                        |  | 42,413                          
|                         |                                                                                  | Research and development      |  | 11,080                                   |  | 17,698                          
|                         |                                                                                  | Unauthorized expenses         |  | 10,320                                   |  | 25,698                          
|                         |                                                                                  | Other                         |  | 32,959                                   |  | 37,585                          
|Total operating expenses |                                                                                  | 125,359                       |  | 178,394                                 
|                         |                                                                                  |                               |  |                                          |  |                                 
|                         |                                                                                  |                               |  |                                          |  |                                 
|Loss from operations     |                                                                                  | (125,359)                     |  | (178,394)                               
|                         |                                                                                  |                               |  |                                          | 
|Net (Loss)               |                                                                                  | $             (125,359)       |  | $               (178,394)               
|                         | Weighted average number of common shares
        outstanding - basic and diluted | 16,641,822                    |  | 16,641,822                              
|                         |                                                                                  |                               |  |                                         
|                         | Net loss per common share - basic and diluted                                    | $                     (0.01)  |  | $                      (0.01)           





The accompanying notes are an integral part
of these financial statements.





F-3







EnzymeBioSystems

Statements of Stockholders’ Equity (A)

|                                                                                                          |  |                 |  |              |  |                |  |                            |  |              |   |             |   |            |  |             |  |              |  |          
|--------------------------------------------------------------------------------------------------------- |  | --------------- |  | ------------ |  | -------------- |  | -------------------------- |  | ------------ | - | ----------- | - | ---------- |  | ----------- |  | ------------ |  | ---------
|                                                                                                          |  | Preferred Stock |  | Common Stock |  | Treasury Stock |  | Additional
        Paid-In |  | Common Stock |   | Accumulated |   |           
|                                                                                                          |  | Shares          |  | Amount       |  | Shares         |  | Amount                     |  | Shares       |   | Amount      |   | Capital    |  | Payable     |  | Deficit      |  | Total    
|                                                                                                          |  |                 |  |              |  |                |  |                            |  |              |   |             |   |            |  |             |  |              |  |          
|Balance, June 30, 2014                                                                                    |  | 2,500,000       |  | $ 2,500      |  | 10,250,000     |  | $10,250                    |  | 5,500,000    |   | $ 5,500     |   | $ 264,250  |  | $   980,000 |  | $  (822,805) |  | $ 439,695
|Issuance of common stock pursuant to stock subscriptions collected
        in year ended June 30, 2014    |  |                 |  |              |  | 6,391,796      |  | 6,392                      |  |              |   |             |   | 973,608    |  | (980,000)   |  |              |  |          
|Cancellation of Treasury Stock                                                                            |  |                 |  |              |  |                |  |                            |  | (5,500,000   | ) | (5,500      | ) | 5,500      |  |             |  |              |  |          
|Issuance of common stock due to rounding related to the June 18,
        2015 1-for-2 reverse stock split |  |                 |  |              |  | 26             |  |                            |  |              |   |             |   |            |  |             |  |              |  |          
|Net (loss) for the year                                                                                   |  |                 |  |              |  |                |  |                            |  |              |   |             |   |            |  |             |  | (178,394)    |  | (178,394)
|                                                                                                          |  |                 |  |              |  |                |  |                            |  |              |   |             |   |            |  |             |  |              |  |          
|Balance, June 30, 2015                                                                                    |  | 2,500,000       |  | 2,500        |  | 16,641,822     |  | 16,642                     |  | -            |   | -           |   | 1,243,358  |  | -           |  | (1,001,199)  |  | 261,301  
|Net (loss) for the year                                                                                   |  |                 |  |              |  |                |  |                            |  |              |   |             |   |            |  |             |  | (125,359)    |  | (125,359)
|                                                                                                          |  |                 |  |              |  |                |  |                            |  |              |   |             |   |            |  |             |  |              |  |          
|Balance, June 30, 2016                                                                                    |  | 2,500,000       |  | $ 2,500      |  | 16,641,822     |  | $16,642                    |  | -            |   | $         - |   | $1,243,358 |  | -           |  | $(1,126,558) |  | $ 135,942
|                                                                                                          |  |                 |  |              |  |                |  |                            |  |              |   |             |   |            |  |             |  |              |  |          
|                                                                                                          |  |                 |  |              |  |                |  |                            |  |              |   |             |   |            |  |             |  |              |  |          



(A) As retroactively adjusted to reflect the June 18, 2015 reverse
stock split (see Note 1).



The accompanying notes are an integral part
of these financial statements.



F-4







EnzymeBioSystems

Statements of Cash Flows



|                                                    |                              |                        |  | For the year ended
        June 30, 2016 |  | For the year ended June 30, 2015
|--------------------------------------------------- | ---------------------------- | ---------------------- |  | ---------------------------------------- |  | --------------------------------
|                                                    |                              |                        |  |                                          |  |                                 
|OPERATING ACTIVITIES                                |                              |                        |  |                                         
|Net Loss                                            |                              | $            (125,359) |  | $              (178,394)                
|Adjustment to reconcile net loss to net cash        |                              |                        |  |                                         
|                                                    | used by operating activities |                        |  |                                          | 
|Changes in operating assets and liabilities         |                              |                        |  |                                         
|                                                    |                              | Accounts Payable       |  | (1,900)                                  |  | (3,814)                         
|                                                    |                              | Accrued expenses       |  | (3,068)                                  |  | (3,700)                         
|                                                    |                              | Prepaid expense        |  |                                          |  | 40,000                          
|                                                    |                              | Due to Related Party   |  | (102)                                    |  |                                 
|                                                    |                              |                        |  |                                          |  |                                 
|Cash (used) by operating activities                 |                              | (130,429)              |  | (145,908)                               
|                                                    |                              |                        |  |                                          |  |                                 
|FINANCING ACTIVITIES                                |                              |                        |  |                                         
|                                                    |                              |                        |  |                                          |  |                                 
|Proceeds from subscriptions to common stock payable |                              | -                      |  | -                                       
|Due to related party                                |                              | -                      |  | -                                       
|Net cash provided by financing activities           |                              | -                      |  | -                                       
|                                                    |                              |                        |  |                                          | 
|NET INCREASE (DECREASE) IN CASH                     |                              | (130,429)              |  | (145,908)                               
|CASH - BEGINNING OF THE PERIOD                      |                              | 270,471                |  | 416,379                                 
|CASH - END OF THE PERIOD                            |                              | 140,042                |  | $                270,471                
|                                                    |                              |                        |  |                                          | 
|                                                    |                              |                        |  |                                          | 
|SUPPLEMENTAL DISCLOSURES:                           |                              |                        |  |                                         
|                                                    |                              | Interest paid          |  | -                                        |  | -                               
|                                                    |                              | Income taxes paid      |  | -                                        |  | -                               
|                                                    |                              |                        |  |                                          |  |                                 



The accompanying notes are an integral part
of these financial statements.



F-5







EnzymeBioSystems

Notes to Financial Statements

June 30, 2016 and 2015



NOTE 1 - GENERAL ORGANIZATION AND BUSINESS



EnzymeBioSystems (the "Company")
was incorporated under the laws of the state of Nevada on June 26, 2009. The Company was organized to conduct any lawful business.
The Company contract manufactures specialty enzymes and enzyme related products. To date, the Company has had no revenues.



Effective June 18, 2015, the Company effected
a 1-for-2 reverse stock split of its common stock (which reduced the issued and outstanding shares of common stock from 33,283,587
shares to 16,641,822 shares) and its Series A Preferred Stock (which reduced the issued and outstanding shares of Series A Preferred
Stock from 5,000,000 shares to 2,500,000 shares.)



NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES



Basis of Accounting

The basis is United States generally accepted
accounting principles.



Earnings per Share

The basic earnings (loss) per share is calculated
by dividing the Company's net income (loss) available to common shareholders by the weighted average number of common shares during
the year. The diluted earnings (loss) per share is calculated by dividing the Company's net income (loss) available to common shareholders
by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding
is the basic weighted number of shares adjusted as of the first of the year for any potentially dilutive debt or equity.



The Company has not issued any options or warrants
or similar securities since inception.



Dividends

The Company has not yet adopted any policy
regarding payment of dividends. No dividends have been paid during the periods shown.



Research and development costs

Research and development costs are expensed
as incurred. The amounts of costs expensed for the years ended June 30, 2016 and 2015 were $11,080 and $17,698, respectively.



Income Taxes

The provision for income taxes is the total
of the current taxes payable and the net of the change in the deferred income taxes. Provision is made for the deferred income
taxes where differences exist between the period in which transactions affect current taxable income and the period in which they
enter into the determination of net income in the financial statements.





F-6







EnzymeBioSystems

Notes to Financial Statements

June 30, 2016 and 2015



Year-end

The Company has selected June 30 as its year-end.



Advertising

Advertising is expensed when incurred. There
has been no advertising during the periods presented herein.



Use of Estimates

The preparation of financial statements in
conformity with accounting principles generally accepted in the United States of America requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities
at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results
could differ from those estimates.



Revenue recognition

The Company applies the provisions of ASC 605,
Revenue Recognition ("ASC 605"). ASC 605 provides guidance on the recognition, presentation and disclosure of revenue
in financial statements. ASC 605 outlines the basic criteria that must be met to recognize revenue and provides guidance for the
disclosure of revenue recognition policies. The Company will recognize revenue related to product sales when (i) persuasive evidence
of the arrangement exists, (ii) shipment has occurred, (iii) the fee is fixed or determinable, and (iv) collectability is reasonably
assured. For the period from June 26, 2009 (inception) to June 30, 2016, the Company has not recognized any revenues.





Recent accounting pronouncements



Certainaccounting
pronouncementshave been issued
by theFASB
and other
standardsettingorganizationswhichare not
yet effective
and therefore
have not yet beenadoptedbythe Company.TheimpactontheCompany's financialposition
andresultsof operations fromadoption
ofthese standards
is not expectedtobematerial.





F-7







EnzymeBioSystems

Notes to Financial Statements

June 30, 2016 and 2015





NOTE 3. GOING CONCERN



The accompanying financial statements have
been prepared assuming the Company will continue as a going concern. As shown in the accompanying financial statements, the Company
has incurred net losses of $(1,126,558) for the period from June 26, 2009 (inception) to June 30, 2016. The future of the Company
is dependent upon its ability to obtain financing and upon future profitable operations from the development of its new business
opportunities.



Management has plans to seek additional capital
through private placements and public offerings of its common stock. The financial statements do not include any adjustments relating
to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be
necessary in the event the Company cannot continue in existence.



These conditions raise substantial doubt about
the Company's ability to continue as a going concern. These financial statements do not include any adjustments that might arise
from this uncertainty.



NOTE 4. STOCKHOLDERS' EQUITY



The Company is authorized to issue up to 5,000,000
shares of its $0.001 par value preferred stock and up to 195,000,000 shares of its $0.001 par value common stock.



Effective June 18, 2015, the Company effected
a 1-for-2 reverse stock split of its common stock (which reduced the issued and outstanding shares of common stock from 33,283,587
shares to 16,641,822 shares) and its Series A Preferred Stock (which reduced the issued and outstanding shares of Series A Preferred
Stock from 5,000,000 shares to 2,500,000 shares).





F-8







EnzymeBioSystems

Notes to Financial Statements

June 30, 2016 and 2015



NOTE 4. STOCKHOLDERS' EQUITY (Continued)



Preferred Stock

On January 28, 2011, EnzymeBioSystems entered
into an Exclusive Technology License and Patents Agreement with Berkeley Clinic, LC, an Arizona Limited Liability Company, whereby
Berkeley Clinic LC was granted:



1) an exclusive fifty (50) percent ownership
in all EnymeBioSystems proprietary enzyme products; 2) the assignment of all rights, title and interest in all future patents (domestic
and foreign) granted in all enzyme products developed by EnzymeBioSystems; and, 3) 500,000 unregistered restricted Series A Preferred
shares of EnzymeBioSystems, in exchange for One Hundred Fifty Thousand ($150,000) Dollars. The Series A Preferred Shares carry
a voting weight equal to ten (10) Common Shares per share of preferred stock.



On May 2, 2014, EnzymeBioSystems issued 2,000,000
unregistered restricted shares of Series A Preferred Stock to Berkeley Clinic, LCin
order to satisfy the terms of a Purchase Agreement with Berkeley. The shares were issued pursuant to the exemption from registration
provided by Section 4(2) of the Securities Act. We believed that Section 4(2) was available because the offer and sale did not
involve a public offering and there was not general solicitation or general advertising involved in the offer or sale.



The shares of Series A Preferred Stock are
not redeemable and cannot be converted into Common Shares, unless it is approved by the Board of Directors and agreed upon by the
Series A Preferred Shareholders. The shares of Series A Preferred Stock have no dividend rights but have a liquidation preference
for funds paid for the Series A Preferred Stock shares.



Common Stock

On June 29, 2009, the Company issued 15,250,000
shares of its $0.001 par value common stock to its nine founders for $30,500 in cash.



On March 26, 2010, the Company issued 500,000
shares of its $0.001 par value common stock to approximately 28 qualified investors for $10,000 in cash.



On May 2, 2014, the Company entered into a
Purchase Agreement with Berkeley Clinic, LC ("Berkeley") whereby it purchased Berkeley's ownership rights, title and
interest in all patents and technology developed by EnzymeBioSystems (which rights were acquired by Berkeley on January 28, 2011)
and whereby it purchased 5,500,000 unregistered restricted shares of common stock owned by Berkeley in exchange for issuing 2,000,000
Series A Preferred shares and cash of $438,000 to Berkeley. The $438,000 cash paid to Berkeley has been included in operating expenses
in the Statement of Operations for the year ended June 30, 2014. The 5,500,000 shares were returned to the Company and cancelled
in the year ended June 30, 2015.

F-9







EnzymeBioSystems

Notes to Financial Statements

June 30, 2016 and 2015



From
March 2014 to June 2014, the Company conducted a Regulation S offering in which it sold 6,391,796shares of the Company's $0.001 par value common stock in exchange
for cash of $980,000. These shares were issued in reliance on the exemption under Section 4(2) of the Securities Act of 1933, as
amended (the "Act") and were issued under Regulation S to six (6) foreign entities who attested they are accredited investors
who are not citizens nor residents of the USA. The issuance of these shares by us did not involve a public offering. The offering
was not a "public offering" as defined in Section 4(2) due to the fact that only six (6) foreign entities were involved
in the offering, the size of the offering, the manner of the offering and number of shares offered. We did not undertake an offering
in which we sold a high number of shares to a high number of investors. The management of the foreign entities were known to us
and our management, through pre-existing business relationships, as a long standing business associate. We did not engage in any
form of general solicitation or general advertising in connection with these transactions. The investors were provided access to
all material information, which they requested and all information necessary to verify such information and was afforded access
to our management in connection with this transaction. These foreign entities acquired these securities for investment and not
with a view toward distribution, acknowledging such intent to us. They understood the ramifications of their actions. The sale
of these shares were to the following six foreign entities: Fleetwood Investments, Inc. (who paid $105,000 cash for 684,932 shares),
Pigeon Rock Group (who paid $25,000 cash for 163,079 shares), Quattro Associates (who paid $580,000 cash for 3,782,616 shares),
Rycon Corporation (who paid $60,000 cash for 391,305 shares), STSV Investments (who paid $105,000 cash for 684,932 shares) and
Oceanside Strategies, Inc. (who paid $105,000 cash for 684,932 shares). In addition, these investors had the necessary investment
intent as required by Section 4(2) since they agreed to and received share certificates bearing a legend stating that such shares
are restricted.





F-10







EnzymeBioSystems

Notes to Financial Statements

June 30, 2016 and 2015







NOTE 5 - RELATED PARTY TRANSACTIONS





On September 21, 2015, the Company's then chief
financial officer (appointed October 20, 2014) was dismissed for his alleged payment of unauthorized expenses totaling approximately
$36,018 ($25,698 in the year ended June 30, 2015 and $10,320 in the three months ended September 30, 2015). To date, efforts to
recover any of the $36,018 from the Company's former chief financial officer have not been successful.



The officers and directors of the Company are
involved in other business activities and may, in the future, become involved in other business opportunities. If a specific business
opportunity becomes available, such persons may face a conflict in selecting between the Company and their other business interests.
The Company has not formulated a policy for the resolution of such conflicts.



NOTE 6 - PROVISION FOR INCOME TAXES



The Company accounts for income taxes under
ASC 740, "Accounting for Income Taxes", which requires use of the liability method. ASC 740 provides that deferred tax
assets and liabilities are recorded based on the differences between the tax bases of assets and liabilities and their carrying
amounts for financial reporting purposes, referred to as temporary differences. Deferred tax assets and liabilities at the end
of each period are determined using the currently enacted tax rates applied to taxable income in the periods in which the deferred
tax assets and liabilities are expected to be settled or realized.



F-11







EnzymeBioSystems

Notes to Financial Statements

June 30, 2016 and 2015



NOTE 6 - PROVISION FOR INCOME TAXES - Continued)



The provision for income taxes differs from
the amount computed by applying the statutory federal income tax rate to income (loss) before provision for income taxes. The sources
and tax effects of the differences are as follows:



| | U.S federal statutory rate      | (35.0%)
| | ------------------------------- | -------
| | Increase in valuation allowance | 35.0%  
| | Provision for income taxes      | - %    



Deferred tax assets as of June 30, 2016 and June 30, 2015, are calculated
as follows:



|                                 | 2016           | 2015        
|-------------------------------- | -------------- | ------------
|Deferred tax assets:             |                |             
|Net operating loss carry forward | $394,295       | $350,420    
|Less: valuation allowance        | (394,295)      | (350,420)   
|Net deferred tax assets          | $            - | $          -



During the year ended June 30, 2016, the Company
recorded an increase in the valuation allowance of $43,875, as compared to $62,438 for the previous year, on the deferred tax assets
to reduce the total to an amount that management believes will ultimately be realized. Realization of deferred tax assets is dependent
upon sufficient future taxable income during the period that deductible temporary differences and carryforwards are expected to
be available to reduce taxable income. There was no other activity in the valuation allowance account during the year ended June
30, 2016.



The net operating loss carryforward of approximately
$1,126,558 at June 30, 2016 expires commencing in year 2029.





F-12







Item 9. Changes in and Disagreements With Accountants
On Accounting and Financial Disclosure.



(a) Resignation of Seale & Beers, CPAs



On October 9, 2015, EnzymeBioSystems
(the “Company”) was notified by its independent registered public accounting firm, Seale & Beers, CPAs (“Seale
& Beers”), that it was resigning its engagement as the Company’s independent registered public accounting firm.



The audit reports of Seale
& Beers on the financial statements for the fiscal years ended June 30, 2014 and 2013 did not contain any adverse opinion or
disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope or accounting principles, except that
the audit report of Seale & Beers, dated October 9, 2014 on the consolidated financial statements of the Company as of and
for the fiscal years ended June 30, 2014 and 2013 noted that the Company’s history of no revenues, recurring losses and recurring
negative cash flow from operating activities and an accumulated deficit, raise substantial doubt about the Company’s ability
to continue as a going concern.



During the fiscal years
ended June 30, 2014 and June 30, 2013, and the subsequent period through March 31, 2015, there were no disagreements (as defined
in Item 304(a)(1)(iv) of regulation S-K and the related instructions to Item 304 of Regulation S-K) with Seale & Beers, on
any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements,
if not resolved to Seale & Beers’ satisfaction, would have caused Seale & Beers to make reference to the subject
matter of the disagreement in its reports on the consolidated financial statements for such years.



During the fiscal years
ended June 30, 2014 and June 30, 2013, and the subsequent period through March 31, 2015, there were no reportable events (as defined
in Item 304(a)(1)(v) of Regulation S-K), other than the material weaknesses reported in the Company’s Annual Reports
on Form 10-K and Quarterly Reports on Form 10-Q with respect to such periods.



(b) Engagement of Michael T. Studer CPA
P.C.



On October 9, 2015 (the
"Engagement Date"), the Registrant's Board of Directors approved the appointment of and engaged Michael
T. Studer CPA P.C., 111 West Sunrise Highway, 2nd Floor East, Freeport, NY 11520, as the Registrant's independent registered
public accounting firm. During the Registrant's fiscal years ended June 30, 2014 and 2013, the subsequent interim periods thereto,
and through the Engagement Date, neither the Registrant nor anyone on its behalf consulted the Current Accountants regarding either
(1) the application of accounting principles to a specified transaction regarding the Company, either completed or proposed, or
the type of audit opinion that might be rendered on the Company's financial statements; or (2) any matter regarding the Company
that was either the subject of a disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and related instructions to Item
304 of Regulation S-K) or a reportable event (as defined in Item 304(a)(1)(v) of Regulation S-K).



32









Item 9A. Controls and Procedures.



Evaluation of Disclosure Controls and Procedures



Our disclosure controls and procedures, as
defined in Rule 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), are
designed to ensure that information required to be disclosed in reports filed or submitted under the Exchange Act is recorded,
processed, summarized, and reported within the time periods specified in rules and forms adopted by the SEC, and that such information
is accumulated and communicated to management, including the Chief Executive Officer and the Chief Financial Officer, to allow
timely decisions regarding required disclosures.



Management has evaluated the effectiveness
of our disclosure controls and procedures as of the end of the period covered by this report. Based on such evaluation, management
concluded that, our disclosure controls and procedures were not effective. Our disclosure controls and procedures were not effective
because of the "material weaknesses" described below under "Management's report on internal control over financial
reporting," which are in the process of being remediated as described below under "Management Plan to Remediate Material
Weaknesses."



Management's Report on Internal Control
over Financial Reporting



Our management is responsible for establishing
and maintaining adequate internal control over financial reporting. Internal control over financial reporting, as defined in rules
promulgated under the Exchange Act, is a process designed by, or under the supervision of, our Chief Executive Officer and Chief
Financial Officer and affected by our Board of Directors, management and other personnel to provide reasonable assurance regarding
the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with GAAP.
Internal control over financial reporting includes those policies and procedures that:



| | · | pertain to the maintenance of records that
in reasonable detail accurately and fairly
reflect the transactions and dispositions of our assets;
| | - | ----------------------------------------------------------------------------------------------------------------------------------------------



| | · | provide reasonable assurance that transactions
are recorded as necessary to permit preparation of financial statements in accordance with GAAP, and that our receipts and expenditures
are being made only in accordance with authorizations of our management and our Board of Directors; and
| | - | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | · | provide reasonable assurance regarding prevention
or timely detection of unauthorized acquisition, use or disposition of our assets that could have a material effect on our financial
statements.
| | - | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



33

Because of its inherent limitations, a system
of internal control over financial reporting can provide only reasonable, not absolute, assurance that the objectives of the control
system are met

and may not prevent or detect misstatements.
Internal control over financial reporting is a process that involves human diligence and compliance and is subject to lapses in
judgment and breakdowns resulting from human failures. Internal control over financial reporting also can be circumvented by collusion
or improper override. Because of such limitations, there is a risk that material misstatements may not be prevented or detected
on a timely basis by internal control over financial reporting. However, these inherent limitations are known features of the financial
reporting process, and it is possible to design into the process safeguards to reduce, though not eliminate, this risk. Further,
over time control may become inadequate because of changes in conditions or the degree of compliance with the policies or procedures
may deteriorate.



Our management assessed the effectiveness of
our internal control over financial reporting as of June 30, 2016. In making its assessment, management used the criteria established
in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission ("COSO").
Based on its assessment, management has concluded that we had certain control deficiencies described below that constituted material
weaknesses in our internal controls over financial reporting. As a result, our internal control over financial reporting was not
effective as of June 30, 2016.



A "material weakness" is defined
under SEC rules as a deficiency, or a combination of deficiencies, in internal control over financial reporting such that there
is a reasonable possibility that a material misstatement of a company's annual or interim financial statements will not be prevented
or detected on a timely basis by the company's internal controls. As a result of management's review of the investigation issues
and results, and other internal reviews and evaluations that were completed after the end of the year related to the preparation
of management's report on internal controls over financial reporting required for this annual report on Form 10-K, management concluded
that we had material weaknesses in our control environment and financial reporting process which consisted of the following:



Deficiencies Related to the Design and
Operation of Certain Company-Level Controls



| | • |  | Non-compliance by the former chief financial officer with regards to unauthorized travel and entertainment expenses;
| | - |  | --------------------------------------------------------------------------------------------------------------------



| | • |  | Unauthorized personal charges by the former chief financial officer.
| | - |  | --------------------------------------------------------------------



Deficiencies Related to the Design and
Operation of Certain Accounting Procedures



| |  |  | ·Inadequate accounting procedures responsible for processing payment requests by our former chief financial officer related to travel and entertainment expenditures;
| |  |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------



| |  |  | ·Lack of clear procedures for ensuring appropriate expense controls.
| |  |  | --------------------------------------------------------------------

34

In consultation with our
board of directors and new interim accounting officer, we are implementing certain remediation measures, and we are in the process
of creating and implementing additional remediation plans for the internal control deficiencies noted above. The remediation activities
include:



Design and Operation of Certain Company-Level
Controls



Management has conducted an internal investigation
relating to the unauthorized travel and entertainment expenses, incurred by the former chief financial officer. We have identified
various expenses by the Company’s former chief financial officer since February, 2015 that were inconsistent with Company
policies or that lacked sufficient documentation. On September 21, 2015, the former chief financial officer was dismissed for cause,
based on a breach of his fiduciary duties. The Board has subsequently appointed a new interim accounting officer and corporate
secretary



We will implement a check-and-balance system
to monitor all expenses.



Design and Operation of Certain Accounting
Procedures



We expect to complete the following remediation
during the remainder of 2016.



We will adopt a new policy and procedure that
authorizes and reviews the accounting oversight by persons at the appropriate levels within the Company.



Changes in Internal Controls over Financial
Reporting



On September 21, 2015, we replaced our former
chief financial officer. We added a new interim accounting officer who has experience related to the application of generally accepted
accounting principles and U. S. Securities and Exchange Commission rules and regulations as they pertain to financial reporting.
We believe these personnel changes will strengthen our controls related to financial reporting. Other than these changes, there
have been no other changes to our internal controls over financial reporting that have materially affected, or are reasonably likely
to materially affect, our internal controls over financial reporting.



Item 9B. Other Information.



None.









35











PART III





Item 10. Director, Executive Officers and Corporate Governance.



The following table sets forth certain information
regarding our current director and executive officers. Our executive officers serve one-year terms. Set forth below are the names,
ages and present principal occupations or employment, and material occupations, positions, offices or employments for the past
five years of our current director and executive officers.



|Name              | Age | Position & Offices Held                        
|----------------- | --- | -----------------------------------------------
|                  |     |                                                
|Gary Rojewski     | 63  | Chief Executive Officer and Director           
|                  |     |                                                
|John Dean Harper  | 54  | Corporate Secretary, Interim Accounting Officer
|                  |     |                                                
|Ashot Martirosyan | 64  | Chief Scientific Officer                       



All directors hold office until the next annual
meeting of stockholders of the Company and until their successors have been elected and qualified. Directors currently receive
no fees for services provided in that capacity.



Set forth below is a brief description of the
background and business experience of our officers and directors.



Gary Rojewski, Chief Executive Officer and
Director



2014 - Present Chief Executive Officer of EnzymeBioSystems



2013 – 2014 Account Executive Managed
Markets Actavis, Inc., Parsippany, NJ



2009 – 2013 Account Executive Managed
Markets Warner Chilcott Pharmaceuticals, Rockaway, NJ



1984 – 2009 Sales Representative, District
Manager, Account Executive Procter & Gamble Pharmaceuticals, Cincinnati, OH



1976 – 1984 Sales Representative at W.
Berman Company, Ohio



1975 – 1976 Admissions Recruiter at Davis
Junior College/I.T.T. Technical College.



Education



1971 – 1975

University of Findlay

Findlay, OH

B.A. Communications

John Dean Harper, Esq., Corporate Secretary and Interim Accounting
Officer



Mr. John Dean Harper, Esq., is a practicing
attorney in Las Vegas, NV. He was appointed as Corporate Secretary and Interim Accounting Officer because of his years of experience
as general counsel for the Las Vegas Police Protective Association. Management believes he can bring stability to the finances
of the Company and he can conduct a forensic investigation to determine any wrongdoing.



Mr. Harper currently has a private law practice
focusing primarily on corporate law, labor/employment and litigation.



Work Experience:



Dates Name of Organization Job Title

2015-Present Sitescapes LLC, President

2015-Present Thunderhill Consulting Limited, Owner

2014-Present RD Heritage Group, LLC, Manager

1996-Present John Dean Harper, Harper Law Office

1996-2013 Nevada Conf. of Police and Sheriffs, General Counsel

1999-2013 Las Vegas Police Protective Assoc., Chief General Counsel

2007-2010 Tone in Twenty, President, Treasurer, Director

2001-2005 Absolute Glass Protection, Inc., Pres., Treasurer, Director

1999-Present Injured Police Officers Fund, General Counsel

2000-2002 Lock-Gun.com, President

1999-2002 Starbase-1 Coffee Co. Ltd., President

1996-1998 Gugino & Schwartz, Assoc. Attorney

1991-1995 Redmon & Harper, Partner

1989-1991 Schottenstein, Zox and Dunn, Assoc. Attorney

1986-1989 Univ. of Cincinnati, College of Law, Law Student





Education: Mr. Harper is a graduate of Ohio
University in Athens, Ohio with a Bachelors of Business Administration Degree, and a double major in Business Pre-Law and General
Business. He is also a graduate of the University of Cincinnati, College of Law with a Juris Doctor.







Ashot Martirosyan, Chief Scientific Officer



Mr. Martirosyan was the head of the "Anti-Biotics
and Enzyme Inhibitors Laboratory" of "Institute of Organic Chemistry" in Yerevan, Armenia until November 2008. He
moved to USA November 2008 and started preparing his research results and scientific materials for publications.



Mar. 2009 –Present

Officer of EnzymeBioSystems.



1992 – 2008

Institute of Fine Organic Chemistry,

National Academy of Sciences, Republic of Armenia

Head of Antibiotics Laboratory



1984 – 1992

Institute of Fine Organic Chemistry,

National Academy of Sciences, Republic of Armenia

Senior Researcher



37



1976 – 1984

Institute of Fine Organic Chemistry,

National Academy of Sciences, Republic of Armenia

Antibiotics Laboratory Researcher



1974 – 1976

Optical-Mechanical Corporation – "Astro"

Head of Chemical Laboratory

Republic of Armenia



Education:



1980 – 1984

Yerevan State University

Ph.D. degree, Candidate of Chemical Sciences: Organic Chemistry



1969 – 1974

Moscow Chemical and Technological Institute of D.I. Mendeleev

Department of Organic Chemistry, Chemical Technology







38









Code of Ethics



We have not adopted a Code of Ethics for the
Board and any salaried employees.





Limitation of Liability of Directors



Pursuant to the Nevada General Corporation
Law, our Articles of Incorporation exclude personal liability for our Directors for monetary damages based upon any violation of
their fiduciary duties as Directors, except as to liability for any breach of the duty of loyalty, acts or omissions not in good
faith or which involve intentional misconduct or a knowing violation of law, or any transaction from which a Director receives
an improper personal benefit. This exclusion of liability does not limit any right which a Director may have to be indemnified
and does not affect any Director's liability under federal or applicable state securities laws. We have agreed to indemnify our
directors against expenses, judgments, and amounts paid in settlement in connection with any claim against a Director if he acted
in good faith and in a manner he believed to be in our best interests.





Nevada Anti-Takeover Law and Charter and
By-law Provisions



The anti-takeover provisions of Sections 78.411
through 78.445 of the Nevada Corporation Law apply to EnzymeBioSystems Section 78.438 of the Nevada law prohibits the Company from
merging with or selling more than 5% of our assets or stock to any shareholder who owns or owned more than 10% of any stock or
any entity related to a 10% shareholder for three years after the date on which the shareholder acquired the EnzymeBioSystems shares,
unless the transaction is approved by EnzymeBioSystems's Board of Directors. The provisions also prohibit the Company from completing
any of the transactions described in the preceding sentence with a 10% shareholder who has held the shares more than three years
and its related entities unless the transaction is approved by our Board of Directors or a majority of our shares, other than shares
owned by that 10% shareholder or any related entity. These provisions could delay, defer or prevent a change in control of EnzymeBioSystems





Item 11. Executive Compensation



The following table sets forth certain compensation
information for: (i) each person who served as the chief executive officer of our company at any time during the years ended June
30, 2016, 2015, and 2014 regardless of compensation level, and (ii) each of our other executive officers, other than the chief
executive officer, serving as an executive officer at any time during the fiscal years ended June 30, 2016, 2015 and 2014. The
foregoing persons are collectively referred to herein as the "Named Executive Officers."



39







EnzymeBioSystems Summary Compensation Table



|                       |          |          |                    | Year  |        |       |        | Other
        Compen- |        | 
|---------------------- | -------- | -------- | ------------------ | ----- | ------ | ----- | ------ | --------------------- | ------ | 
|                       |          |          | Principal          | Ended | Salary | Bonus | Awards | sation                | Total  | 
|Name                   | Position | June 30, | ($)                | ($)   | ($)    | ($)   | ($)    |                      
|                       |          |          |                    |       |        |       |        |                       |        | 
|Gary Rojewski          |          |          | CEO                | 2016  | 48,000 | 0     | *      | 857**                 | 48,857 | 
|Appointed: 06/02/2014  |          |          | Director           | 2015  | 48,000 | 0     | *      | 1,150**               | 49,150 | 
|                       |          |          |                    | 2014  | 4,000  | 0     | *      | 0                     | 4,000  | 
|                       |          |          |                    |       |        |       |        |                       |        | 
|John Dean Harper       |          |          | Secretary/Interim  | 2016  | 20,000 | 0     | 0      | 0                     | 20,000 | 
|Appointed: 09/21/2015  |          |          | Accounting Officer | 2015  | 0      | 0     | 0      | 0                     | 0      | 
|                       |          |          |                    | 2014  | 0      | 0     | 0      | 0                     | 0      | 
|                       |          |          |                    |       |        |       |        |                       |        | 
|Edward Zimmerman III   |          |          | Former Chief       | 2016  | 3,000  | 0     | 0      | 10,320***             | 13,320 | 
|Appointed: 10/20/2014  |          |          | Financial Officer  | 2015  | 7,000  | 0     | 0      | 25,698***             | 32,698 | 
|Terminated: 09/21/2015 |          |          |                    | 2014  | 0      | 0     | 0      | 0                     | 0      | 
|                       |          |          |                    |       |        |       |        |                       |        | 
|Ashot Martirosyan      |          |          | Chief Scientific   | 2016  | 0      | 0     | 0      | 0                     | 0      | 
|Appointed              |          |          | Officer            | 2015  | 0      | 0     | 0      | 0                     | 0      | 
|6/26/2009              |          |          |                    | 2014  | 0      | 0     | 0      | 0                     | 0      | 
|                       |          |          |                   
|                       |          |          |                    |       |        |       |        |                       |        | 

* Mr. Rojewski is entitled to receive 2,000,000
common shares as part of his compensation package. The shares have vested and are expected to be issued in the future.

** Authorized Officer Expenses

*** Unauthorized expenses.



We do not maintain key-man life insurance for
our executive officers/directors. We do not have any long-term compensation plans, stock option plans or employment agreements
with our executive officers/directors.



Stock Option Grants



We did not grant any stock options to executive
officers or directors from inception through fiscal year ended June 30, 2016.



Outstanding Equity Awards at 2016 Fiscal
Year-End



We did not issue any outstanding equity awards
in the fiscal year ended June 30, 2016 or June 30, 2015. However, Mr. Rojewski, our Chief Executive Officer is entitled to receive
2,000,000 common shares as part of his compensation package. The shares have vested and are expected to be issued in the near future.

40



Option Exercises for Fiscal 2015



There were no options exercised by our named
executive officers in fiscal 2016 or 2015.



Potential Payments Upon Termination or Change
in Control



We have not entered into any compensatory plans
or arrangements with respect to our named executive officers, which would in any way result in payments to such officer(s) because
of their resignation, retirement, or other termination of employment with us or our subsidiaries, or any change in control of,
or a change in their responsibilities following a change in control.



Director Compensation



Our directors were not paid any director fees
during the fiscal year ended June 30, 2016 or June 30, 2015.





Item 12. Security Ownership of Certain Beneficial
Owners and Management and Related Stockholder Matters.



The following table presents information, to
the best of our knowledge, about the ownership of our common stock on September 20, 2016 relating to those persons known to beneficially
own more than 5% of our capital stock and by our named executive officers and directors.



Beneficial ownership is determined in accordance
with the rules of the U. S. Securities and Exchange Commission and does not necessarily indicate beneficial ownership for any other
purpose. Under these rules, beneficial ownership includes those shares of common stock over which the stockholder has sole or shared
voting or investment power. It also includes shares of common stock that the stockholder has a right to acquire within 60-days
after September 20, 2016 pursuant to options, warrants, conversion privileges or other right.



The percentage ownership of the outstanding
common stock, however, is based on the assumption, expressly required by the rules of the U. S. Securities and Exchange Commission,
that only the person or entity whose ownership is being reported has converted options or warrants into shares of EnzymeBioSystems'
common stock.



We do not have any outstanding options, warrants
or other securities exercisable for or convertible into shares of our common stock.



41









|Shares Beneficially Owned                                            |  | % of Total 
Voting 
Power(1) | 
|-------------------------------------------------------------------- |  | ---------------------------- | 
|                                                                     |  | Common                       | 
|Name of Beneficial Owner                                             |  | Shares                       | 
|Named Executive Officers and Directors:                              |  |                              | 
|Gary Rojewski(2) Director/CEO                                        |  | 2,000,000                    | 
|                                                                     |  |                              | 
|John Dean Harper, Corporate Secretary and Interim Accounting Officer |  | -                            | 
|                                                                     |  |                              | 
|Ashot Martirosyan(3), Chief Scientific Officer                       |  | 1,500,000                    | 
|                                                                     |  |                              | 
|All executive officers and directors as a group (3 persons))         |  | 1,500,000                    | 
|                                                                     |  |                              | 
|Other 5% Stockholders                                                |  |                              | 
|                                                                     |  |                              | 
|Quattro Associates, Inc. (4)                                         |  | 3,449,099                    | 
|                                                                     |  |                              | 
|Berkeley Clinic LC(5)                                                |  | 1,500,000                    | 
|                                                                     |  |                              | 

---------------------------------------------------------------------------------------------------------------------------------------

(1) Percentage of total voting power
represents voting power with respect to all shares of our common stock (16,641,822 issued and outstanding) and Preferred Voting
stock (2,500,000 shares issued and outstanding), as a single class. The holders of our Preferred Voting Stock are entitled to ten
votes per share, and holders of our common stock are entitled to one vote per share. The 2,500,000 preferred shares have voting
rights equal to 25,000,000 common shares. Percentage of Total Voting Power is calculated based on an aggregate of 41,641,822 (16,641,822
common + 25,000,000 Preferred Voting Rights) shares issued and outstanding.

2) Gary Rojewski is entitled to
receive 2,000,000 common shares as part of his compensation package; however, the shares have yet to be issued at this time. Once
issued, there will be 18,641,822 shares issued and outstanding.

3) Ashot Martirosyan, 16773 W Park
Drive, Chagrin Falls, Ohio, 44023.

4) Quattro Associates, Inc., Hunkins
Waterfront Plaza, Suite 556, Main Street, Charlestown, Nevis. Lindsay Oliver is the beneficial owner who has the ultimate voting
control over the shares held by this entity.

5) Berkeley Clinic, LC, an Arizona
Limited Liability Company, POB 2742, Scottsdale, AZ 85252. T. J. Jesky is the managing member and beneficial owner who has the
ultimate voting control over the shares held by this entity.



42









We are not aware of any arrangements that may
result in "changes in control" as that term is defined by the provisions of Item 403(c) of Regulation S-B.



We believe that all persons named have full
voting and investment power with respect to the shares indicated, unless otherwise noted in the table. Under the rules of the Securities
and Exchange Commission, a person (or group of persons) is deemed to be a "beneficial owner" of a security if he or she,
directly or indirectly, has or shares the power to vote or to direct the voting of such security, or the power to dispose of or
to direct the disposition of such security. Accordingly, more than one person may be deemed to be a beneficial owner of the same
security. A person is also deemed to be a beneficial owner of any security, which that person has the right to acquire within 60
days, such as options or warrants to purchase our common stock.





Item 13. Certain Relationships and Related
Transactions, and Director Independence.



The officers and directors of the Company are
involved in other business activities and may, in the future, become involved in other business opportunities. If a specific business
opportunity becomes available, such persons may face a conflict in selecting between the Company and their other business interests.
The Company has not formulated a policy for the resolution of such conflicts.





43







Item 14. Principal Accountant Fees and Services.



Seale and Beers, CPAs served as our principal
independent public accountant for the reviews of our financial statements contained in our Forms 10-Q for the quarterly periods
ended September 30, 2014, December 31,2014 and March 31, 2015. Michael T. Studer CPA P.C. served as
our independent publicaccountant for the audits of our financial statements contained in our Forms 10-K for the annual
periods ended June 30, 2015 and 2016 and the reviews of our financial statements contained in our Forms 10-Q for the quarterly
periods ended September 30, 2015, December 31, 2015 and March 31, 2016. Aggregate fees billed
to us for the years ended June 30, 2016 and 2015 for audit fees were as follows:



|                       | For Year Ended June 30, |  | For the Year Ended June 30,
|---------------------- | ----------------------- |  | ---------------------------
|                       | 2016                    |  | 2015                       
|1)  Audit Fees (1)     | $22,500                 |  | $15,000                    
|2)  Audit-Related Fees | 0                       |  | 0                          
|3)  Tax Fees           | 0                       |  | 0                          
|4)  All Other Fees     | 0                       |  | 0                          





(1) Audit Fees include fees billed and expected
to be billed for services performed in connection with the recurring audit of the Company's financial statements for such period
included in this Annual Report on Form 10-K and for the reviews of the quarterly financial statements included in the Quarterly
Reports on Forms 10-Q filed with the Securities and Exchange Commission.





Audit Committee Policies and Procedures



We do not have an audit committee; therefore
our sole director pre-approves all services to be provided to us by our independent auditor. This process involves obtaining (i)
a written description of the proposed services, (ii) the confirmation of our Principal Accounting Officer that the services are
compatible with maintaining specific principles relating to independence, and (iii) confirmation from our securities counsel that
the services are not among those that our independent auditors have been prohibited from performing under SEC rules. Our director
then makes a determination to approve or disapprove the engagement of the auditor for the proposed services. In the fiscal year
ended June 30, 2016, all fees paid to our auditor were unanimously pre-approved in accordance with this policy.



Less than 50 percent of hours expended on the
principal accountant's engagement to audit the registrant's financial statements for the most recent fiscal year were attributed
to work performed by persons other than the principal accountant's full-time, permanent employees.



44









PART IV



Item 15. Exhibits, Financial Statement Schedules.





The following information required under this item is filed as part
of this report:



(a) 1. Financial Statements

|                                                                 | Page
|---------------------------------------------------------------- | ----
|                                                                 |     
|                                                                 |     
|Management's Report on Internal Control Over Financial Reporting | 33  
|Report of Independent Registered Public Accounting Firm          | F-1 
|Balance Sheets                                                   | F-2 
|Statements of Operations                                         | F-3 
|Statements of Stockholders' Equity                               | F-4 
|Statements of Cash Flows                                         | F-5 







(b) Financial Statement Schedules



None.





45









(c) Exhibit Index



|        |                     |                                                                                                               | Incorporated by reference |              
|------- | ------------------- | ------------------------------------------------------------------------------------------------------------- | ------------------------- | -------------
|Exhibit | Exhibit Description | Filed herewith                                                                                                | Form                      | Period Ending
|        | 3.1                 | Articles of Incorporation                                                                                     |                           | S-1          
|        | 3.2                 | By-laws as currently in effect                                                                                |                           | S-1          
|        | 3.3                 | Amended Articles of Incorporation                                                                             |                           | 8-K          
|        | 10.1                | Agreement between EnzymeBioSystems and Northeastern Ohio Universities College of Medicine, dated July 9, 2010 |                           | 10-K         
|        | 10.2                | Exclusive Technology License and Patents Agreement between Berkeley Clinic LC, dated January 28, 2011         |                           | 8-K          
|        | 31.1                | Certification of Principal Executive Officer, pursuant to Section 302 of the Sarbanes-Oxley Act               | X                         |              
|        | 31.2                | Certification of Principal Financial Officer, pursuant to Section 302 of the Sarbanes-Oxley Act               | X                         |              
|        | 32.1                | Certification of Principal Executive Officer, pursuant to Section 906 of the Sarbanes-Oxley Act               | X                         |              
|        | 32.2                | Certification of Principal Financial Officer, pursuant to Section 906 of the Sarbanes-Oxley Act               | X                         |              
|        |                     |                                                                                                               |                           |              
|        |                     |                                                                                                               |                           |              







46









SIGNATURES



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



|                          | EnzymeBioSystems
        Registrant |                                                                   
|------------------------- | ----------------------------------- | ------------------------------------------------------------------
|                          |                                     |                                                                   
|                          |                                     |                                                                   
|Date:  September 20, 2016 | /s/ Gary Rojewski                   |                                                                   
|                          | Name: Gary Rojewski                 |                                                                   
|                          |                                     | Title: Chief Executive Officer
        Principal Executive Officer
|                          |                                     |                                                                   
|Date:  September 20, 2016 | /s/ John Dean Harper                |                                                                   
|                          | Name:  John Dean Harper             |                                                                   
|                          |                                     | Title: Interim Chief Accounting Officer                           
|                          |                                     |                                                                   



Pursuant to the requirements of the Securities Exchange Act of 1934,
the following persons on behalf of the Registrant and in the capacities and on the dates indicated have signed this report below.



|Signature                                       |  | Title                                                            |  | Date              
|----------------------------------------------- |  | ---------------------------------------------------------------- |  | ------------------
|                                                |  |                                                                  |  |                   
|/s/ Gary Rojewski
        (Gary Rojewski)       |  | Chief Executive Officer
        Principal Executive Officer      |  | September 20, 2016
|                                                |  |                                                                  |  |                   
|/s/ John Dean Harper
        (John Dean Harper) |  | Corporate Secretary and
        Interim Chief Accounting Officer |  | September 20, 2016





47