|      |
|-----------|
| Form 10-Q |
|      |

|                                                   |
|--------------------------------------------------------|
| LIBERATED ENERGY, INC.                                 |
| (Exact name of registrant as specified in its charter) |
|                                                   |

| Nevada                                  |   | 27-4715504                           |
|-----------------------------------------|--------|--------------------------------------|
| (State or other jurisdiction            |   | (I.R.S. Employer Identification No.) |
|  of incorporation or organization) |   |                                 |

| 109 Burtons Road                         |   |       |
|------------------------------------------|--------|------------|
| Marlton, New Jersey                      |   | 08053      |
| (Address of principal executive offices) |   | (Zip Code) |

|   (609) 707-1519                               |
|-----------------------------------------------------|
| (Registrant's telephone number including area code) |

|                                                          |
|---------------------------------------------------------------|
| (Former Name or Former Address, if changed since last report) |

|   |  Large accelerated filer o                                                              |   |   |  Accelerated filer  o   |   |
|--------|----------------------------------------------------------------------------------------------|--------|--------|-----------------------------------|--------|
|   |  Non-accelerated filer o   (Do not check if a smaller reporting company) |   |   |  Smaller reporting company x |   |
|   |                                                                                         |   |   |                              |   |

----

TABLE OF CONTENTS

| Item #  |   | Description                                                                           |   | Page Numbers |
|---------|--------|---------------------------------------------------------------------------------------|--------|--------------|
|    |   |                                                                                  |   |         |   |
|    |   | PART I                                                                                |   | 4            |   |
|    |   |                                                                                  |   |         |   |
| ITEM 1  |   | FINANCIAL STATEMENTS                                                                  |   | 4            |   |
|    |   |                                                                                  |   |         |   |
| ITEM 2  |   | MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS |   | 16           |   |
|    |   |                                                                                  |   |         |   |
| ITEM 3  |   | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK                            |   | 22           |   |
|    |   |                                                                                  |   |         |   |
| ITEM 4  |   | CONTROLS AND PROCEDURES                                                               |   | 23           |   |
|    |   |                                                                                  |   |         |   |
|    |   | PART II                                                                               |   |  24     |   |
|    |   |                                                                                  |   |         |   |
| ITEM 1  |   | LEGAL PROCEEDINGS                                                                     |   | 24           |   |
|    |   |                                                                                  |   |         |   |
| ITEM 1A |   | RISK FACTORS                                                                          |   | 24           |   |
|    |   |                                                                                  |   |         |   |
| ITEM 2  |   | UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS                           |   | 24           |   |
|    |   |                                                                                  |   |         |   |
| ITEM 3  |   | DEFAULTS UPON SENIOR SECURITIES                                                       |   | 24           |   |
|    |   |                                                                                  |   |         |   |
| ITEM 4  |   | MINE SAFETY DISCLOSURES                                                               |   | 24           |   |
|    |   |                                                                                  |   |         |   |
| ITEM 5  |   | OTHER INFORMATION                                                                     |   | 24           |   |
|    |   |                                                                                  |   |         |   |
| ITEM 6  |   | EXHIBITS                                                                              |   |  25     |   |
|    |   |                                                                                  |   |         |   |
|    |   | SIGNATURES                                                                            |   | 26           |   |
|    |   |                                                                                  |   |         |   |

----

Table of Content

|   |    |                                                                                                                                                                                                   |
|--------|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | • | risks arising from material weaknesses in our internal control over financial reporting, including material weaknesses in our control environment;                                                     |
|   |    |                                                                                                                                                                                                   |
|   | • | our ability to attract new clients and retain existing clients;                                                                                                                                        |
|   |    |                                                                                                                                                                                                   |
|   | • | our ability to retain and attract key employees;                                                                                                                                                       |
|   |    |                                                                                                                                                                                                   |
|   | • | risks associated with assumptions we make in connection with our critical accounting estimates;                                                                                                        |
|   |    |                                                                                                                                                                                                   |
|   | • | potential adverse effects if we are required to recognize impairment charges or other adverse accounting-related developments;                                                                         |
|   |    |                                                                                                                                                                                                   |
|   | • | potential downgrades in the credit ratings of our securities;                                                                                                                                          |
|   |    |                                                                                                                                                                                                   |
|   | • | risks associated with the effects of global, national and regional economic and political conditions, including fluctuations in economic growth rates, interest rates and currency exchange rates; and |
|   |    |                                                                                                                                                                                                   |
|   | • | developments from changes in the regulatory and legal environment for advertising and marketing and communications services companies around the world.                                                |

----

Table of Content

PART I

ITEM 1.           FINANCIAL STATEMENTS

|   |
|--------|

| Balance Sheets as of June 30, 2014 (Unaudited) and September 30, 2013(Audited) | Page      6 |
|--------------------------------------------------------------------------------|--------------------------------------|

| Statements of Operations for the three months ended June 30, 2014 (unaudited) and for the cumulative period from January 19, 2013 (Inception) to June 30, 2014 (Unaudited) |   7 |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------|

| Statements of Cash Flows for the three months and nine months ended June 30, 2014 (unaudited) and for the cumulative period from January 19, 2013 (Inception) to June 30, 2014 (Unaudited) |   8 |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------|

| Notes to Financial Statements (Unaudited) |   9 |
|------------------------------------------------|----------|

----

|   |                                |  Table of Content |
|--------|-------------------------------------|------------------------|
|   |  LIBERATED ENERGY, INC.        |                   |
|   |  (A Development Stage Company) |                   |
|   | BALANCE SHEET                       |                   |
|   |                                |                   |

|                                                                                                                |   | June 30, 2014 |     |   | Sept. 30, 2013 |   |
|---------------------------------------------------------------------------------------------------------------------|--------|---------------|----------|--------|----------------|--------|
|                                                                                                                |   | (Unaudited)   |     |   |           |   |
|                                                                                                                |   |          |     |   |           |   |
| ASSETS                                                                                                              |   |          |     |   |           |   |
|                                                                                                                |   |          |     |   |           |   |
| CURRENT ASSETS:                                                                                                     |   |          |     |   |           |   |
|      Cash and Cash Equivalents                                                             |   | $             | 200,375  |   |           | $      | 44,684 |   |
|      Prepaid expenses                                                                      |   | $             | 10,000   |   |           | $      | 10,000 |   |
|      Accounts Receivable                                                                   |   | $             | 19,500   |   |           |   |   |   |
|      Inventory                                                                             |   | $             | 25,233   |   |           |   |   |   |
|      Loan to Consultant                                                                    |   | $             | 15,500   |   |           |   |   |   |
|                                                                                                                |   |          |     |   |           |   |   |   |
|               Total Current Assets            |   | $             | 270,608  |   |           | $      | 54,684 |   |
|                                                                                                                |   |          |     |   |           |   |   |   |
| OTHER ASSESTS:                                                                                                      |   |          |     |   |           |   |   |   |
|                                                                                                                |   |          |     |   |           |   |   |   |
|      Patent                                                                                |   | $             | 2,500    |   |           | $      | 2,500 |   |
|               Total Other Assets              |   | $             | 2,500    |   |           | $      | 2,500 |   |
|                                                                                                                |   |          |     |   |           |   |   |   |
|      TOTAL ASSETS                                                                          |   | $             | 273,108  |   |           | $      | 57,184 |   |
|                                                                                                                |   |          |     |   |           |   |   |   |
| LIABILITIES AND STOCKHOLDERS' EQUITY                                                                                |   |          |     |   |           |   |   |   |
|                                                                                                                |   |          |     |   |           |   |   |   |
| CURRENT LIABILITIES                                                                                                 |   |          |     |   |           |   |   |   |
|      Accounts Payable and accrued expenses                                                 |   | $             | 148,945  |   |           | $      | 141,945 |   |
|      Convertible note payable, net                                                         |   | $             | 241,000  |   |           | $      | 45,417 |   |
|                                                                                                                |   |          |     |   |           |   |   |   |
|                Total Current Liabilities |   | $             | 389,945  |   |           | $      | 187,362 |   |
|                                                                                                                |   |          |     |   |           |   |   |   |
| OTHER CURRENT LIABILITIES                                                                                           |   |          |     |   |           |   |   |   |
|       Loans from Stockholders                                                         |   | $             | 80,986   |   |           | $      | 30,616 |   |
|                                                                                                                |   |          |     |   |           |   |   |   |
|               Total Other Current Liabilities |   | $             | 80,986   |   |           | $      | 30,616 |   |
|                                                                                                                |   |          |     |   |           |   |   |   |
|      TOTAL LIABILITIES                                                                     |   | $             | 470,931  |   |           | $      | 217,978 |   |
|                                                                                                                |   |          |     |   |           |   |   |   |
| STOCKHOLDERS EQUITY                                                                                                 |   |          |     |   |           |   |   |   |
|      Preferred Stock:                                                                      |   |          |     |   |           |   |   |   |
|      10,000,000 shares authorized par value $0.001 per share; none                         |   |          |     |   |           |   |   |   |
|       issued and outstanding                                                          |   | $             | -        |   |           | $      | - |   |
|       Common Stock:                                                                   |   |          |     |   |           |   |   |   |
|       100,000,000 shares authorized par value $0.001 per share;                       |   |          |     |   |           |   |   |   |
|       issued and outstanding, 81,408,000 shares at June 30, 2013 and                  |   |          |     |   |           |   |   |   |
|       72,000,000 at September 30, 2013                                                |   | $             | 81,408   |   |           | $      | 72,000 |   |
|       Additional paid-in-capital                                                      |   | $             | 122,134  |   |           | $      | 9,125 |   |
|       Deficit accumulated during the development stage                                |   | $             | (180,294 | )      |           | $      | (168,294 | ) |
|       Accumulated other comprehensive income (deficit)                                |   | $             | (221,071 | )      |           | $      | (73,625 | ) |
|                                                                                                                |   |          |     |   |           |   |   |   |
|        TOTAL STOCKHOLDERS' DEFICIT                                               |   | $             | (197,823 | )      |           | $      | (160,794 | ) |
|                                                                                                                |   |          |     |   |           |   |   |   |
|        TOTAL LIABILITIES AND EQUITY                                              |   | $             | 273,108  |   |           | $      | 57,184 |   |

----

|   |                                |  Table of Content |
|--------|-------------------------------------|------------------------|
|   |  LIBERATED ENERGY, INC.        |                   |
|   |  (A Development Stage Company) |                   |
|   | STATEMENTS OF OPERATIONS            |                   |
|   | (Unaudited)                         |                   |

|                                             |   |                       |       |   |                      |   |       |                  |   |   |       |   |   | Cumulative          |       |
|--------------------------------------------------|--------|----------------------------|------------|--------|---------------------------|--------|------------|-----------------------|--------|--------|------------|--------|--------|---------------------|------------|
|                                             |   | For the three Months Ended |       |   | For the Nine Months Ended |   |       | from January 19, 2013 |   |
|                                             |   | June 30,                   |       |   |                      |   |       | June 30,              |   |   |       |   |   | (Date of Inception) |       |
|                                             |   | 2014                       |       |   | 2013                      |   |       | 2014                  |   |   | 2013       |   |   | to June 30, 2014    |       |
| Revenues                                         |   | $                          | -          |   |                      | $      | -          |                  |   | $      | 39,000     |   |   | $                   | -          |   |   | $ | 39,000 |   |
| Cost of Goods Sold                               |   | $                          | -          |   |                      | $      | -          |                  |   | $      | -          |   |   | $                   | -          |   |   | $ | - |   |
|                                             |   |                       |       |   |                      |   |       |                  |   |   |       |   |   |                |       |   |   |   |   |   |
| Gross Profit                                     |   | $                          | -          |   |                      | $      | -          |                  |   | $      | 39,000     |   |   | $                   | -          |   |   | $ | 39,000 |   |
|                                             |   |                       |       |   |                      |   |       |                  |   |   |       |   |   |                |       |   |   |   |   |   |
| Operating Expenses                               |   |                       |       |   |                      |   |       |                  |   |   |       |   |   |                |       |   |   |   |   |   |
| General and Administrative Expenses              |   | $                          | 58,392     |   |                      | $      | 4,259      |                  |   | $      | 186,506    |   |   | $                   | 5,111      |   |   | $ | (354,264 | ) |
|                                             |   |                       |       |   |                      |   |       |                  |   |   |       |   |   |                |       |   |   |   |   |   |
| Operating Loss                                   |   | $                          | (58,392    | )      |                      | $      | (4,259     | )                     |   | $      | (147,506   | )      |   | $                   | (5,111     | ) |   | $ | (315,264 | ) |
|                                             |   |                       |       |   |                      |   |       |                  |   |   |       |   |   |                |       |   |   |   |   |   |
| Other Income (Expense):                          |   | $                          | -          |   |                      | $      | -          |                  |   | $      | -          |   |   | $                   | -          |   |   | $ | - |   |
| Interest Income                                  |   | $                          | 60         |   |                      |   |       |                  |   | $      | 60         |   |   |                |       |   |   | $ | 60 |   |
| Interest Expense                                 |   | $                          | -          |   |                      | $      | -          |                  |   | $      | 700        |   |   | $                   | -          |   |   | $ | 417 |   |
|                                             |   |                       |       |   |                      |   |       |                  |   |   |       |   |   |                |       |   |   |   |   |   |
| Net loss from continuing operations before taxes |   | $                          | (58,332    | )      |                      | $      | (4,259     | )                     |   | $      | (148,146   | )      |   | $                   | (5,111     | ) |   | $ | (314,907 | ) |
|                                             |   |                       |       |   |                      |   |       |                  |   |   |       |   |   |                |       |   |   |   |   |   |
| Provisions for income taxes                      |   | $                          | -          |   |                      | $      | -          |                  |   | $      | -          |   |   | $                   | -          |   |   | $ | - |   |
|                                             |   |                       |       |   |                      |   |       |                  |   |   |       |   |   |                |       |   |   |   |   |   |
| Net Income from continuing operations            |   | $                          | (58,332    | )      |                      | $      | (4,259     | )                     |   | $      | (148,146   | )      |   | $                   | (5,111     | ) |   | $ | (314,907 | ) |
|                                             |   |                       |       |   |                      |   |       |                  |   |   |       |   |   |                |       |   |   |   |   |   |
|                                             |   |                       |       |   |                      |   |       |                  |   |   |       |   |   |                |       |   |   |   |   |   |
|                                             |   |                       |       |   |                      |   |       |                  |   |   |       |   |   |                |       |   |   |   |   |   |
| Loss per Share, Basic & Dilutive             |   | $                          | -          |   |                      | $      | -          |                  |   | $      | -          |   |   | $                   | -          |   |   |   |   |   |
|                                             |   |                       |       |   |                      |   |       |                  |   |   |       |   |   |                |       |   |   |   |   |   |
|                                             |   |                       |       |   |                      |   |       |                  |   |   |       |   |   |                |       |   |   |   |   |   |
| Weighted Average Shares Outstanding              |   |                       | 72,112,622 |   |                      |   | 72,000,000 |                  |   |   | 72,056,311 |   |   |                | 72,000,000 |   |   |   |   |   |

----

|   |                                |  Table of Content |
|--------|-------------------------------------|------------------------|
|   | LIBERATED ENERGY, INC.              |                   |
|   |  (A Development Stage Company) |                   |
|   | STATEMENTS OF CASH FLOWS            |                   |
|   | (Unaudited)                         |                   |

|                                                                              |   |                       |     |   |                      |   |   |                 |   |   |     |   |   | Cumulative from   |    |
|-----------------------------------------------------------------------------------|--------|----------------------------|----------|--------|---------------------------|--------|--------|----------------------|--------|--------|----------|--------|--------|-------------------|---------|
|                                                                              |   |                       |     |   |                      |   |   |                 |   |   |     |   |   | January 19, 2013  |    |
|                                                                              |   | For the Three Months Ended |     |   | For the Nine Months Ended |   |   | Date of Inception to |   |
|                                                                              |   | June 30,                   |     |   | June 30,                  |   |   | Develoment Stage) to |   |
|                                                                              |   | 2014                       |     |   | 2013                      |   |   | 2014                 |   |   | 2013     |   |   | to June. 30, 2014 |    |
| CASH FLOWS FROM OPERATING ACTIVITIES:                                             |   |                       |     |   |                      |   |   |                 |   |   |     |   |   |              |    |
| Net Loss                                                                          |   | $                          | (58,332  | )      |                      | $      | (4,259 | )                    |   | $      | (159,446 | )      |   | $                 | (5,111  | ) |   | $ | (77,171 | ) |
| Plus (income) loss from discontinued operations, net of taxes                     |   |                       |     |   |                      |   |   |                 |   |   |     |   |   |              |    |   |   |   | (91,123 | ) |
| Adjustments to reconcile net income to net cash provided by operating activities: |   |                       |     |   |                      |   |   |                 |   |   |     |   |   |
| Operating activities:                                                             |   |                       |     |   |                      |   |   |                 |   |   |     |   |   |              |    |   |   |   |   |   |
| Amortization of debt discount                                                     |   | $                          | -        |   |                      | $      | -      |                 |   | $      | -        |   |   | $                 | -       |   |   |   | 417 |   |
| (Increase) decrease in assets:                                                    |   |                       |     |   |                      |   |   |                 |   |   |     |   |   |              |    |   |   |   |   |   |
| Inventory                                                                         |   | $                          | (25,233  | )      |                      | $      | -      |                 |   | $      | (25,233  | )      |   | $                 | -       |   |   | $ | (25,233 | ) |
| Accounts receivable                                                               |   | $                          | -        |   |                      | $      | -      |                 |   | $      | (19,500  | )      |   | $                 | -       |   |   | $ | (19,500 | ) |
| Prepaid expenses                                                                  |   | $                          | -        |   |                      | $      | -      |                 |   | $      | -        |   |   | $                 | -       |   |   | $ | (10,000 | ) |
| Prepaid deposit to supplier                                                       |   | $                          | -        |   |                      | $      | -      |                 |   | $      | -        |   |   | $                 | 38,000  |   |   | $ | - |   |
| Prepaid rent deposit                                                              |   | $                          | -        |   |                      | $      | -      |                 |   | $      | -        |   |   | $                 | -       |   |   | $ | - |   |
| Account Payable                                                                   |   | $                          | (13,000  | )      |                      | $      | -      |                 |   | $      | 7,000    |   |   | $                 | (44,250 | ) |   | $ | 148,945 |   |
| Loan from Shareholders                                                            |   | $                          | (12,880  | )      |                      | $      | 6,140  |                 |   | $      | 50,370   |   |   | $                 | (82,397 | ) |   | $ | 80,986 |   |
| Net Cash Provided in Operating Activities                                         |   | $                          | (109,445 | )      |                      | $      | 1,881  |                 |   | $      | (146,809 | )      |   | $                 | (93,758 | ) |   | $ | 7,321 |   |
|                                                                              |   |                       |     |   |                      |   |   |                 |   |   |     |   |   |              |    |   |   |   |   |   |
| CASH FLOWS FROM INVESTING ACTIVITIES:                                             |   |                       |     |   |                      |   |   |                 |   |   |     |   |   |              |    |   |   |   |   |   |
| Net cash provided by Investing Activities                                         |   | $                          | -        |   |                      | $      | -      |                 |   | $      | -        |   |   | $                 | -       |   |   | $ | - |   |
|                                                                              |   |                       |     |   |                      |   |   |                 |   |   |     |   |   |              |    |   |   |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITIES:                                             |   |                       |     |   |                      |   |   |                 |   |   |     |   |   |              |    |   |   |   |   |   |
| Proceeds from issuance of common stock                                            |   | $                          | 65,000   |   |                      | $      | -      |                 |   | $      | 122,417  |   |   | $                 | -       |   |   | $ | (41,390 | ) |
| Proceeds from issuance of convertible note                                        |   | $                          | 71,000   |   |                      | $      | -      |                 |   | $      | 195,583  |   |   | $                 | -       |   |   | $ | 241,000 |   |
| Proceeds from issuance of common stock warrant                                    |   | $                          | -        |   |                      | $      | -      |                 |   | $      | -        |   |   | $                 | 5,000   |   |   | $ | 5,000 |   |
| Loan to consultant                                                                |   | $                          | 22,500   |   |                      | $      | -      |                 |   | $      | (15,500  | )      |   | $                 | -       |   |   | $ | (15,500 | ) |
| Disposition of Chinese Subsidiary                                                 |   | $                          | -        |   |                      | $      | -      |                 |   | $      | -        |   |   | $                 | -       |   |   | $ | - |   |
| Net Cash Provided by Financing Activities                                         |   | $                          | 158,500  |   |                      | $      | -      |                 |   | $      | 302,500  |   |   | $                 | 5,000   |   |   | $ | 189,110 |   |
|                                                                              |   |                       |     |   |                      |   |   |                 |   |   |     |   |   |              |    |   |   |   |   |   |
| Effect of Exchange Rate on Cash                                                   |   | $                          | -        |   |                      | $      | -      |                 |   | $      | -        |   |   | $                 | -       |   |   | $ | 40 |   |
| Sale of Subsidiary                                                                |   | $                          | -        |   |                      | $      | -      |                 |   | $      | -        |   |   | $                 | 91,083  |   |   | $ | - |   |
|                                                                              |   |                       |     |   |                      |   |   |                 |   |   |     |   |   |              |    |   |   |   |   |   |
| Net increase (decrease) in cash and cash equivalents                              |   | $                          | 49,055   |   |                      | $      | 1,881  |                 |   | $      | 155,691  |   |   | $                 | 2,325   |   |   | $ | 196,471 |   |
| Cash and cash equivalents at Beginning of the Period                              |   | $                          | 151,320  |   |                      | $      | 4,348  |                 |   | $      | 44,684   |   |   | $                 | 3,904   |   |   | $ | 3,904 |   |
| Cash and cash equivalents at End of Period                                        |   | $                          | 200,375  |   |                      | $      | 6,229  |                 |   | $      | 200,375  |   |   | $                 | 6,229   |   |   | $ | 200,375 |   |

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

----

|   |                                        |  Table of Content |
|--------|---------------------------------------------|------------------------|
|   |  LIBERATED ENERGY, INC. AND SUBSIDIARY |                   |
|   |  (A Development Stage Company)         |                   |
|   | NOTES  TO FINANCIAL STATEMENTS         |                   |

----

|   |                                        |  Table of Content |
|--------|---------------------------------------------|------------------------|
|   |  LIBERATED ENERGY, INC. AND SUBSIDIARY |                   |
|   |  (A Development Stage Company)         |                   |
|   | NOTES TO FINANCIAL STATEMENTS               |                   |

----

|   |                                        |  Table of Content |
|--------|---------------------------------------------|------------------------|
|   |  LIBERATED ENERGY, INC. AND SUBSIDIARY |                   |
|   |  (A Development Stage Company)         |                   |
|   | NOTES TO FINANCIAL STATEMENTS               |                   |

|                                                  |   | For the Three Months Ended |       |
|-------------------------------------------------------|--------|----------------------------|------------|
|                                                  |   | June 30,                   |       |
|                                                  |   | 2014                       |       |   | 2013 |   |
| Weighted Average Shares Outstanding                   |   |                       |       |   |   |   |
|    Common Stock                        |   |                       | 72,112,622 |   |   |   | 72,000,000 |   |
|    Convertible Note Payable            |   |                       | 2,564,102  |   |   |   | - |   |
|    Dilutive Average Shares Outstanding |   |                       | 74,676724  |   |   |   | 72,000,000 |   |

----

|   |                                        |  Table of Content |
|--------|---------------------------------------------|------------------------|
|   |  LIBERATED ENERGY, INC. AND SUBSIDIARY |                   |
|   |  (A Development Stage Company)         |                   |
|   |  NOTES TO FINANCIAL STATEMENTS         |                   |

----

|   |                                        |  Table of Content |
|--------|---------------------------------------------|------------------------|
|   |  LIBERATED ENERGY, INC. AND SUBSIDIARY |                   |
|   |  (A Development Stage Company)         |                   |
|   |  NOTES TO FINANCIAL STATEMENTS         |                   |

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|   |                                        |  Table of Content |
|--------|---------------------------------------------|------------------------|
|   |  LIBERATED ENERGY, INC. AND SUBSIDIARY |                   |
|   |  (A Development Stage Company)         |                   |
|   | NOTES TO FINANCIAL STATEMENTS               |                   |

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|   |                                        |  Table of Content |
|--------|---------------------------------------------|------------------------|
|   |  LIBERATED ENERGY, INC. AND SUBSIDIARY |                   |
|   |  (A Development Stage Company)         |                   |
|   | NOTES TO FINANCIAL STATEMENTS               |                   |

|                                     |   | 2014   |   |   |
|------------------------------------------|--------|--------|--------|--------|
| Computed expected tax benefit            |   |   | (15.00 | )      |  % |
| State income tax, net of federal benefit |   |   | (7.30  | )      |   |
| Valuation allowance                      |   |   | 22.30  |   |   |
| Income tax benefit                       |   |   | -      |   |  % |

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|   |                                        |  Table of Content |
|--------|---------------------------------------------|------------------------|
|   |  LIBERATED ENERGY, INC. AND SUBSIDIARY |                   |
|   |  (A Development Stage Company)         |                   |
|   | NOTES TO FINANCIAL STATEMENTS               |                   |

|                                |   | 2013   |   |
|-------------------------------------|--------|--------|--------|
| Valuation allowance                 |   | $      | -      |   |
| Registration Fee for start-up costs |   |   | -      |   |
| Net deferred tax assets             |   | $      | -      |   |

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

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|   Services and Products On January 19, 2013, the Company disposed of its wholly-owned subsidiary, Mega World Food Limited (HK).  Mega World Food Limited (HK) was incorporated on June 24, 2010 and was in the business of selling frozen vegetables in all areas of the world except China.  From inception, Mega World Food Limited (HK) only incurred setting up, formation or organization activities.  Upon disposal, the Company ceased these operations and accordingly, the Company’s financial statements have been prepared with the net assets, results of operations, and cash flows of this business displayed separately as “discontinued operations." On January 23, 2013 we acquired from Perpetual Wind Power Corporation the rights to their wind and solar powered turbine technology for which it has a patent pending with the United States Patent and Trademark office, U.S. Patent Application Serial No. 61/257,578 as submitted on November 3, 2009. In November 2013, we built and successfully tested an alternative energy LED lighting and security system that is now available to the market. The Guard LiteTM security lighting system is designed to deter trespassers from homes and/or properties without electricity costs. The Company has moved towards patent protection of this new device.  It is anticipated that the Guard LiteTM security lighting system will only require a portion of the energy it generates so the excess energy will be able to be used for other applications.  We are currently testing adding a heat sensor to detect house fires to the system.  Included in the Guard-Lite package:   ●   High Tech LED lighting - Utilizing the latest energy efficient technology with 6000 Kelvin lamps and 60,000hrs+ lifetime. This gives high visibility with fewer lumens (3 LED lights/900 lumens each).   ●  HD WiFI Security Camera - Featuring two way streaming audio and HD video. The camera has infrared night vision and motion sensing technology. Alerts can be sent to the customer’s Smart Phone, PC, Mac, or Tablet. Multiple cameras and users can be incorporated into the system.   ●  Wind Turbine - High Efficiency Carbon Fiber Plastic. This unit produces 300watts at low wind speed. It's quiet, maintenance free with long lasting permanent magnet direct drive.   ●  Electrical System - Safe, reliable and efficient DC power system with 24 hours of energy storage when there is no wind or solar.   ●  Mounting Pole - Maintenance Free carbon steel with a vinyl sleeve or powder coated. The dimensions are 4" x 4" square and 14' 4" in height with a security base to prevent tampering.   ●  Solar Panel - 100 watt output at 4.5 KWh/Day. This Unit produces excess energy of approximately 3.9 KWh per day. That energy can be sold back to the grid or used for other lights, additional cameras, battery charging ...etc..   |   |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|

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ITEM 3.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

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ITEM 4.           CONTROLS AND PROCEDURES

|   | - | Lack of proper segregation of duties |
|--------|---|--------------------------------------|

|   | - | Lack of a formal control process that provides for multiple levels of supervision and review |
|--------|---|----------------------------------------------------------------------------------------------|

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PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

ITEM 2.  UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

ITEM 3. DEFAULT UPON SENIOR SECURITIES

ITEM 4. MINE SAFETY DISCLOSURES

ITEM 5. OTHER INFORMATION

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ITEM 6. EXHIBITS

| EXHIBIT INDEX |   |
|---------------|--------|
|          |   |   |   |   |   |   |
|          |   |   |   | Incorporated by |
|          |   |   |   | Reference |
|          |   |   |   |   |   | Filing Date/ |
| Exhibit       |   |   |   |   |   | Period End |
| Number        |   | Exhibit Description |   | Form |   | Date |
|          |   |   |   |   |   |   |
| 3.1      |   | Articles of Incorporation as filed with the Nevada Secretary of State dated September 14, 2010 |   |  S-1 |   |  12/8/2010 |
|          |   |   |   |   |   |   |
| 3.2      |   | Amended Articles of Incorporation as filed with the Nevada Secretary of State dated January 25, 2013 |   |  8-K |   |  2/7/2013 |
|          |   |   |   |   |   |   |
| 3.3      |   | Certificate of Change as filed with the Nevada Secretary of State dated January 26, 2013 |   |  8-K |   |  2/7/2013 |
|          |   |   |   |   |   |   |
| 3.4           |   | Amended Articles of Incorporation as filed with the Nevada Secretary of State dated March 17, 2014 |   |  8-K |   |  3/18/2014 |
|          |   |   |   |   |   |   |
| 3.5      |   | By-laws |   |  S-1 |   |  12/8/2010 |
|          |   |   |   |   |   |   |
| 10.1     |   | Patent Acquisition Agreement dated January 19, 2013 |   |  8-K |   |  1/24/2013 |
|          |   |   |   |   |   |   |
| 31.1          |   | Certification of Chief Executive Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) of the Securities Exchange Act, as amended. |   |   |   |   |
|          |   |   |   |   |   |   |
| 31.2          |   | Certification of Chief Financial Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) of the Securities Exchange Act, as amended. |   |   |   |   |
|          |   |   |   |   |   |   |
| 32.1          |   | Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350 as adopted Pursuant to Section 906 of the Sarbanes Oxley Act of 2002. |   |   |   |   |
|          |   |   |   |   |   |   |
| 32.2          |   | Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350 as adopted Pursuant to Section 906 of the Sarbanes Oxley Act of 2002. |   |   |   |   |
||

| Description |   | Form   |   |  Filing Date |
|-------------|--------|--------|--------|-------------------|
|        |   |   |   |              |
|        |   |   |   |              |

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SIGNATURES

|                  |                              |
|-----------------------|-----------------------------------|
|                  | LIBERATED ENERGY, INC.            |
| Date: August 20, 2014 |                              |   |
|                  | By:                               | /s/ FRANK PRINGLE |
|                  |                              | Frank Pringle |
|                  |                              | President, Director, Chief Executive Officer |
|                  |                              | (Principal Executive Officer) |
|                  |                              |   |
| Date: August 20, 2014 | By:                               | /s/ ELYSE THOMPSON |
|                  | Elyse Thompson                    |
|                  | Chief Financial Officer           |
|                  | (Principal Financial Officer      |
|                  | and Principal Accounting Officer) |

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