UNITED
STATES

SECURITIES
AND EXCHANGE COMMISSION

Washington,
D.C. 20549





FORM 10-Q



(Mark
One)



[X]
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934



For
the quarterly period ended ­­­­­­­­­­­­­September
30, 2008______________________



Or



[
 ] 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:
_000-50898________________________________________________________________________

__________________________________INverso
Corp.__________________________________________________________

(Exact name of
registrant as specified in its charter)



_Delaware_____________________________________________________________________________________34-1996527

(State
or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)



_155
Revere Drive, Suite 10, Northbrook,
IL____________________________________________________________60062___

(Address
of principal executive offices) 									     (Zip Code)



_847-291-7711___________________________________________________________________________________________

(Registrant’s
telephone number, including area code)



_________________________________________________________________________________________________________

(Former name, former
address and former fiscal year, if changed since last report)





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No





Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting
company.  See the definitions of “large accelerated filer,”
“accelerated filer” and “smaller reporting company”
in Rule 12b-2 of the Exchange Act.



Large
accelerated filer □							Accelerated filer □

Non-accelerated
filer (Do not check if a smaller reporting company) □		 Smaller
reporting company



Indicate
by check mark whether the registrant is a shell company (as defined
in Rule 12b-2 of the Exchange Act).

 YesNo

APPLICABLE ONLY TO
ISSUERS INVOLVED IN BANKRUPTCY

PROCEEDINGS DURING
THE PRECEDING FIVE YEARS:

Indicate
by check mark whether the registrant has filed all documents and
reports required to be filed by Sections 12, 13 or 15(d)

of the Securities
Exchange Act of 1934 subsequent to the distribution of securities
under a plan confirmed by a court.

Yes□No□



SEC
1296 (02-08)Potential
persons who are to respond to the collection of information contained
in this form are not

requiredto
respond unless the form displays a currently valid OMB control
number.





APPLICABLE ONLY TO
CORPORATE ISSUERS:



There
were 47,864,883 shares of the Registrant’s common stock
outstanding as of September 30, 2008.



PART I—FINANCIAL
INFORMATION



Item 1. Financial
Statements.



|INverso
			Corp. and Subsidiary(A Development Stage Company)Consolidated
			Balance SheetsAs of September 30, 2008 and June 30,
			2008(Unaudited)
|--------------------------------------------------------------------------------------------------------------------------------------------------
|ASSETS                                                                                                                                            
|                                                                                                                                                  
|                                                                                                                                                  
|Current
			assets                                                                                                                                 
|                                                                                                                                                  
|                                                                                                                                                  
|LIABILITIES
			AND STOCKHOLDERS' EQUITY / (DEFICIT)                                                                                               
|                                                                                                                                                  
|                                                                                                                                                  
|Current
			liabilities                                                                                                                            
|                                                                                                                                                  
|                                                                                                                                                  
|                                                                                                                                                  
|Stockholders'
			equity / (deficit)                                                                                                               
|                                                                                                                                                  
|                                                                                                                                                  
|                                                                                                                                                  
|                                                                                                                                                  
|                                                                                                                                                  
|                                                                                                                                                  

Page 2

|INverso
				Corp. and Subsidiary(A Development Stage
				Company)Consolidated Statements of IncomeFor the Periods
				Ended September 30, 2008 and 2007(Unaudited)
|------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                                  
|                                                                                                                                                                  
|                                                                                                                                                                  
|                                                                                                                                                                  
|Revenue:                                                                                                                                                          
|                                                                                                                                                                  
|Expenses:                                                                                                                                                         
|                                                                                                                                                                  
|                                                                                                                                                                  
|                                                                                                                                                                  
|                                                                                                                                                                  
|                                                                                                                                                                  
|                                                                                                                                                                  
|                                                                                                                                                                  
|                                                                                                                                                                  
|                                                                                                                                                                  
|Other
				income / (expense):                                                                                                                                     
|                                                                                                                                                                  
|                                                                                                                                                                  
|                                                                                                                                                                  
|                                                                                                                                                                  
|                                                                                                                                                                  
|                                                                                                                                                                  
|Weighted
				average number of common shares outstanding                                                                                                          
|Basic
				loss per common share                                                                                                                                   

Page 3



|INverso
			Corp. & Subsidiary(A Development Stage
			Company)Consolidated Statement of Changes in Stockholders'
			Equity/(Deficit)For the Period May 28, 2004 (Inception) to
			September 30, 2008(Unaudited)
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                                                                              
|                                                                                                                                                                                                              
|                                                                                                                                                                                                              
|May
			28, 2004                                                                                                                                                                                               
|                                                                                                                                                                                                              
|Net
			(loss)                                                                                                                                                                                                 
|                                                                                                                                                                                                              
|Balance,
			June 30, 2004                                                                                                                                                                                     
|                                                                                                                                                                                                              
|Net
			(loss)                                                                                                                                                                                                 
|                                                                                                                                                                                                              
|Balance,
			June 30, 2005                                                                                                                                                                                     
|                                                                                                                                                                                                              
|Net
			(loss)                                                                                                                                                                                                 
|                                                                                                                                                                                                              
|Balance,
			June 30, 2006                                                                                                                                                                                     
|                                                                                                                                                                                                              
|Issuance
			of common stock related to merger on                                                                                                                                                              
|                                                                                                                                                                                                              
|Purchase
			of treasury shares related to merger on                                                                                                                                                           
|                                                                                                                                                                                                              
|                                                                                                                                                                                                              
|Retirement
			of treasury shares related to merger on                                                                                                                                                         
|                                                                                                                                                                                                              
|Net
			(loss)                                                                                                                                                                                                 
|                                                                                                                                                                                                              
|Balance,
			June 30, 2007                                                                                                                                                                                     
|Net
			(loss)                                                                                                                                                                                                 
|                                                                                                                                                                                                              
|Balance,
			June 30, 2008                                                                                                                                                                                     
|Issuance
			of common stock related to share exchange agreement                                                                                                                                               
|                                                                                                                                                                                                              
|Issuance
			of common stock for                                                                                                                                                                               
|                                                                                                                                                                                                              
|Net
			(loss)                                                                                                                                                                                                 
|                                                                                                                                                                                                              
|Balance,
			September 30, 2008                                                                                                                                                                                

Page 4



|INverso
				Corp. & Subsidiary(A Development Stage
				Company)Consolidated Statements of Cash FlowsFor the
				Periods Ended September 30, 2008 and 2007(Unaudited)
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                                    
|                                                                                                                                                                    
|                                                                                                                                                                    
|                                                                                                                                                                    
|OPERATING
				ACTIVITIES                                                                                                                                            
|Net
				loss                                                                                                                                                        
|Adjustment
				to reconcile net loss                                                                                                                                
|to
				net cash used in operations:                                                                                                                                 
|Non-cash
				finance charge                                                                                                                                         
|Goodwill
				impairment                                                                                                                                             
|Change
				in accounts payable                                                                                                                                      
|                                                                                                                                                                    
|Net
				cash used in operating activities                                                                                                                           
|                                                                                                                                                                    
|INVESTING
				ACTIVITIES                                                                                                                                            
|Purchase
				of goodwill related to merger on 9/25/06                                                                                                               
|                                                                                                                                                                    
|FINANCING
				ACTIVITIES                                                                                                                                            
|Change
				in short-term notes payable                                                                                                                              
|Issuance
				of common stock                                                                                                                                        
|Proceeds
				from paid in capital                                                                                                                                   
|Accounts
				payable reduction for shares                                                                                                                           
|Purchase
				of treasury shares                                                                                                                                     
|                                                                                                                                                                    
|Net
				cash provided by financing activities                                                                                                                       
|Net
				cash increase (decrease) for the period                                                                                                                     
|                                                                                                                                                                    
|Cash
				at the beginning of period                                                                                                                                 
|Cash
				at the end of period                                                                                                                                       

Page 5

INverso
Corp. and Subsidiary

Notes
to Financial Statements

1. Description
	of Business

The
consolidated financial statements include the accounts of INverso
Corp. (the “Company”), which is a Delaware corporation
and its wholly owned subsidiary, Genesi, Inc. (“Genesi”),
which is an Illinois corporation.  The current plan for the Company
is to elect to become a Business Development Company.

As
of September 30, 2008, the Company has no inventory, property or
equipment.  Additionally, the Company has no revenue or cost of
sales.  The expenses incurred as of the date of the review are the
start-up costs of the Company.  Therefore, the Company is considered
to be in the development stage.

1. Summary
	of Significant Accounting Policies

Basis
of accounting

The
Company’s policy is to prepare its financial statements on the
accrual basis of accounting in conformity with generally accepted
accounting principles in the United States of America (U.S. GAAP).

Cash
and cash equivalents

The
Company considers all highly liquid investments, with a maturity of
three months or less when purchased, to be cash equivalents.

Loss
per share

Loss
per share is computed by dividing the net income by the weighted
average number of common shares outstanding of 34,163,931 for the
three months ended September 30, 2008, 13,500,000 for the three
months ended September 30, 2007, and 19,195,803 for the period from
May 28, 2004 (inception) through September 30, 2008.  There are no
outstanding derivatives as of September 30, 2008 and therefore no
adjustment for fully diluted weighted average number of common shares
outstanding.

Use
of estimates

The
preparation of financial statements in conformity with generally
accepted accounting principles 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 reported amounts of revenue
and expenses during the reporting period.  Actual results could
differ from those estimates.

Income
taxes

Deferred
tax assets and liabilities are computed based upon the difference
between the financial statement and income tax basis of assets and
liabilities using the enacted marginal tax rate applicable when the
related asset or liability is expected to be realized or settled.
Deferred income tax expenses or benefits are based on the changes in
the asset or liability each period.  If available evidence suggests
that it is more likely than not that some portion or all of the
deferred tax assets will not be realized, a valuation allowance is
required to reduce the deferred tax assets to the amount that is more
likely than not to be realized.  Future changes in such valuation
allowance are included in the provision for deferred income taxes in
the period of change.

Page 6



1. Going
	Concern

Due
to the development stage of the Company and since there have been no
revenues as of September 30, 2008, there is substantial doubt as to
the Company’s ability to continue as a going concern.  In order
to meet its upcoming and continuing obligations, additional financing
or new revenues will be needed.  The financial statements do not
include any adjustments that might be necessary should the Company be
unable to continue as a going concern.

1. Notes
	Payable

The
Company has received money from an investor that had been classified
as a loan.  The loan was exchanged for common stock as part of the
August 6, 2008 private placement.  The loan came from The Nutmeg
Group, LLC and its affiliates (“TNG”).  Randall S.
Goulding, the president of INverso, is the managing member of TNG and
owns 100% of the LLC.

1. Related
	Party Transactions

The
Company issued 14,348,946 shares of stock to TNG in exchange for
$53,628, made up of cash of $34,113, release of a note payable valued
at $15,284, and a subscription receivable of $4,231.  Randall S.
Goulding, the president of INverso, is the managing member of The
Nutmeg Group and owns 100% of the LLC.

1. Significant
	Transactions

On
August 5, 2008, the Company entered into a share exchange agreement
with Genesi.  The Company issued 19,148,458 shares, in exchange for
71,565 newly issued shares of Genesi.  The value of the shares was
determined to be $71,565, the same price per share as the private
placement offering on August 6, 2008.  INverso had owed Genesi
$18,490, which was eliminated in the transaction.  No cash was
exchanged, but a $53,075 finance charge was recorded as a result of
the transaction.  Shortly thereafter, Genesi gave all of its shares
of INverso to its three shareholders in exchange for their shares of
Genesi.  This made Genesi a 100% subsidiary of the INverso.

On
August 6, 2008, the Company did a private placement offering to
current shareholders to issue 27,500,000 shares at $0.003737391 for a
maximum raise of $102,778.  15,216,425 shares were issued for
$56,870.  $37,355 of cash was collected, $15,284 of debt was relieved
and $4,231 is still due from an investor as of the date of the
review.

1. Subsequent
	Events

There
are no material subsequent events that have occurred since the date
of the review.

Page 7



Item 2.
Management’s Discussion and Analysis of Financial Condition and
Results of Operations.

We have no operations or revenues.On
September 25, 2006, we closed on the acquisition of Hydrogenesis,
Inc.  Hydrogenesis, Inc. was organized to facilitate financing for
bioreactor/hydrogen plants as well as funding for the development of
other promising alternative energy sources.On
October 12, 2007, INverso divested Hydrogenesis, Inc.



We are
classified as a 'blank check' company under rules of the SEC and
certain states. Under these regulations the public sale of securities
of blank check companies is limited.  We will not make any efforts to
cause a market to develop in our securities until such time as we
have successfully implemented a business plan and INverso is no
longer classified as a blank check company. We anticipate that
additional securities may be registered and issued subsequent to a
successful business transaction.  The issuance of substantial
additional securities and their potential sale into any trading
market which may develop in our securities may have a depressive
effect on the future value of our securities, if such a market
develops, of which there is no assurance.



We
currently have no employees. Our management expects to confer with
consultants, attorneys and accountants as necessary. We do not
anticipate a need to engage any full-time employees so long as we are
seeking and evaluating business opportunities.  We will determine the
need for employees based upon the specific opportunity.  The amount
of time spent by Mr. Goulding on the activities of INverso is not
predictable.  Such time may vary widely from an extensive amount when
reviewing a target company/opportunity to an essentially quiet time
when activities of management focus elsewhere.



Since
inception, we have had no revenues or sales and primarily financed
our operations through funding from funds managed by Mr. Goulding.
We believe that our current cash needs can be met by loans from, or
sale of equity to, our director, officer and shareholders for at
least the next twelve months.  However, if we encounter a business
opportunity, it may be necessary to raise additional capital.  This
may be accomplished by selling our common stock to others.  Currently
we have no future contractual obligations.  Our management intends to
actively seek business opportunities during the next twelve months.

Management of INverso is currently in discussions as to
the future direction of the company.Management
has considered filing to become a Business Development Company (BDC).
 It is being contemplated that a Form N-54 may be filed in order for
the Company to become a BDC.  Subsequent to the filing of the N-54,
new management will be appointed, a new Board of Directors will be
elected and operations will begin.  As of the date of this filing,
nothing has been done in order to become a BDC.



Item 3.
Quantitative and Qualitative Disclosures About Market Risk.



Because
of the development stage-nature of INverso, it is impossible to
provide a quantitative risk assessment matrix for our business.
Below are the general operating risks INverso faces as a going
concern entity.



New
Management will likely be appointed.
 Once a business plan is settled on, we will likely put a new
management team in place.  There can be no assurance that new
management will be able to successfully implement the proposed
operations of INverso.



We
Have Had Limited Operations to Date.Our
primary focus has been preliminary steps toward putting together a
management team and analyzing business plans so that we can commence
commercial operations.  We have not commenced commercial operations
and have no revenues to date.



We
Cannot Assure Our Success In Our Planned Business Operations Or Of
Profitability.
 We will require funding to commence operations.  There can be no
assurance that we will receive adequate funding or if available, on
terms acceptable or commercially reasonable, to the Company.Even in the event we receive all, or substantially all, of the
funding we may require, such funding will not necessarily assure our
success or profitability in view of, among other factors, our limited
operating history in this business, the uncertainties associated with
funding and operating a new business venture.

We
Need to Obtain Financing in Order to Continue our Operations.On a prospective
basis, we will require both short-term financing for operations and
long-term capital to fund our expected growth.  We have no existing
bank lines of credit and have not established any definitive sources
for additional financing.  We will require additional financing if we
want to fully

Page
8

implement
any business plan and take advantage of evolving market conditions.
Additional financing may not be available to us, or if available, it
may not be available upon terms and conditions acceptable to us.  If
adequate funds are not available, then we may be required to delay,
reduce or eliminate product development or marketing programs.  Our
inability to take advantage of opportunities in the industry because
of capital constraints may have a materially adverse effect on our
business and our prospects.



We
Will Be Materially Dependent On Our Management and Consultant.The success of our business is and will be materially dependent upon
the continued services of our current management.  The loss of any
member of our management team will adversely impact the operations of
the Company.  We do not presently have any key man life insurance on
any of such persons.



Development
Risks Generally.We
are a developmental stage company.  Securing financing and moving
forward with a proposed business plan involves greater risks and
uncertainties than those associated with an established business.  As
such, there can be no assurance that we will successfully implement
our business plan, commence commercial operations or, operate
profitably.



Industry
Risks: Operating History; Uncertainty of Broad Based Market
Acceptance.The success of our business may be affected by matters beyond our
control, including but not limited to changes in technology,
competition, changing market and/or economic conditions, all of which
can impact upon market acceptance.  No assurance can be given that
any perceived need for the Company's services is correct or if
correct, will result in revenues to offset our operating expenses.



Risks
Associated with Growth.Our
development plans will require the implementation of operational and
financial systems and will require additional management,
operational, and financial resources.  For example, we will be
required to recruit certain additional management, key employees, and
other personnel for our operations, in addition to its recently
retained management team.  There can be no assurance that we will be
able to manage our operations effectively.  The failure to implement
such systems and add such resources on a cost-effective basis could
have a materially adverse effect on our results of operations and
financial condition.



Competition.We will face competition from companies with substantially greater
resources that ours.  We hope that we will be able to develop a niche
market and identify opportunities that large, multi-national
companies may omit or deem too small to pursue.  If we are wrong with
this assumption, it will be extremely difficult to compete with
better-capitalized companies and we will have to rely more heavily on
Management’s personal skills and abilities.



No
Dividends on Common Stock.We have never paid dividends on our Common Stock.  We intend for
the foreseeable future to retain earnings, if any, for the future
operation and expansion of our business and do not anticipate paying
dividends on our shares of Common Stock for the foreseeable future.

TheShares of our Common Stock Lack any Trading Market.  There are also
Restrictions on Transferability.Shares of our Common Stock are not eligible
for trading on any national or regional exchange, nor are they quoted
on any over-the-counter market.  As a result, an investment in our
securities is highly illiquid.  Unless the securities are registered
with the Securities and Exchange Commission and any required state
authorities, or an appropriate exemption from registration is
available, you may be unable to liquidate or sell your Common Stock
even though your personal financial situation may dictate such a
liquidation or sale.

Page 9



Item 4. Controls
and Procedures.



Based on
the evaluation of our disclosure controls and procedures, conducted
as of a date within ninety (90) days prior to the filing date of this
report on Form 10Q (the “Evaluation Date”), Mr. Goulding,
our principal executive and financial officer, has concluded that he
is the only individual involved in INverso’s disclosure
process.  We have no formal procedures in place for processing and
assembling information to be disclosed in our periodic reports.  Our
system is designed so that information is retained by us and relayed
to our accountants.  Our principal executive officer and principal
financial officer believe that as of the end of the period being
reported, our disclosure controls and procedures are effective to
ensure that information required to be disclosed by us in the reports
that we file or submit under the Exchange Act is recorded, processed,
summarized and reported, within the required time periods. Further,
we believe that, given the Company’s size and status as a blank
check company with no operations, an extensive disclosure controls
and procedures system is not necessary.  At such time that a business
transaction is consummated, our management will re-evaluate the
disclosure controls and procedures.





Item 4T. Controls
and Procedures.



There
have been no changes to the Registrant’s disclosure controls
and procedures, as reported from the previous quarter, on the most
recent 10-KSB, dated June 30, 2008.



PART II—OTHER
INFORMATION



Item 1. Legal
Proceedings.



We are not, and have never been,
party to legal proceedings, and have no knowledge of any indication
or threat of legal action.  We are not aware of any proceedings
contemplated by a government authority.

Item 1A. Risk
Factors.



N/A



Item 2.
Unregistered Sales of Equity Securities and Use of Proceeds.



INverso
filed a form 8-K on August 12, 2008, explaining the sale of
unregistered securities during the quarter.



Item 3. Defaults
Upon Senior Securities.



N/A



Item 4.
Submission of Matters to a Vote of Security Holders.



N/A



Item 5. Other
Information.



N/A



Item 6. Exhibits.



Furnish the exhibits
required by Item 601 of Regulation S-K (§ 229.601 of this
chapter).







Page 10

















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.



________INverso
Corp.____________________________

(Registrant)





______________November
14, 2008_____________________/s/
Randall S. Goulding____________________

Date
					Randall S. Goulding
CEO/President/Director								     (Signature) **





_________________________________________________________________________

** Print name and
title of the signing officer under his signature.





Page 11