**UNITED        STATES**

**SECURITIES        AND EXCHANGE COMMISSION**

**Washington,        D.C. 20549**

**FORM        10-Q**

**x**

**For        the quarterly period ended: June 30, 2008**

**o**

----

| **Nevada**                                                                      | **90-0224622**                                     |
|---------------------------------------------------------------------------------|----------------------------------------------------|
| (State                  or other jurisdiction of incorporation or organization) | (IRS                  Employer Identification No.) |

**1375        Semoran Boulevard**

**Casselberry,        Florida 32707**

----

**(407)        599-2886**

----

***Copies        of Communications to:***

**Yes x No o**

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

**Yes x No o**

----

**RENOVO        HOLDINGS, INC.**

**TABLE        OF CONTENTS**

|             |                                                                             | **Page Number** |
|------------------|----------------------------------------------------------------------------------|----------------------|
| **PART 1**  | **FINANCIAL                  INFORMATION**                                       |                 |
|             |                                                                             |                 |
| **Item 1**  | **Financial                  Statements**                                        | **2**                |
|             |                                                                             |                 |
|             | **Balance                  Sheet as of June 30, 2008 (unaudited)**               | **2**                |
|             |                                                                             |                 |
|             | **Statements                  of Operations (unaudited)**                        | **3**                |
|             |                                                                             |                 |
|             | **Statement                  of Cash Flows (unaudited)**                         | **5**                |
|             |                                                                             |                 |
|             | **Notes                  to the Financial Statements**                           | **6**                |
|             |                                                                             |                 |
| **Part II** | **OTHER                  INFORMATION**                                           |                 |
|             |                                                                             |                 |
| **Item 1**  | **Legal                  Proceedings**                                           | **19**               |
|             |                                                                             |                 |
| **Item 2**  | **Unregistered                  Sales of Equity Securities and Use of Proceeds** | **19**               |
|             |                                                                             |                 |
| **Item 3**  | **Defaults                  Upon Senior Securities**                             | **20**               |
|             |                                                                             |                 |
| **Item 4**  | **Submission                  of Matters to a Vote of Security Holders**         | **20**               |
|             |                                                                             |                 |
| **Item 5**  | **Other                  Information**                                           | **20**               |
|             |                                                                             |                 |
| **Item 6**  | **Exhibits                  and Reports on Form 8-K**                            | **20**               |
|             |                                                                             |                 |
| **SIGNATURES**   |                                                                             | **21**               |

----

**ITEM        1 – FINANCIAL INFORMATION**

**RENOVO        HOLDINGS**

**(A        Development Stage Company)**

**BALANCE        SHEET**

|                                                                                                                                                              |   | **June 30,** |       |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|------------|
|                                                                                                                                                              |   | **2008**          |       |
| **ASSETS**                                                                                                                                                        |   |              |       |   |
| Current                  assets:                                                                                                                                  |   |              |       |   |
| Cash                                                                                                                                                              |   | $                 | -          |   |
| Total                  current assets                                                                                                                             |   |              | -          |   |
|                                                                                                                                                              |   |              |       |   |
| Equipment,                  net of accumulated depreciation                                                                                                       |   |              | -          |   |
|                                                                                                                                                              |   |              |       |   |
| Total                  Assets                                                                                                                                     |   | $                 | -          |   |
|                                                                                                                                                              |   |              |       |   |
| **LIABILITIES                  AND STOCKHOLDERS' DEFICIT**                                                                                                        |   |              |       |   |
|                                                                                                                                                              |   |              |       |   |
| Current                  Liabilities:                                                                                                                             |   |              |       |   |
| Accounts                  payable                                                                                                                                 |   | $                 | 78,957     |   |
| Payroll                  taxes payable                                                                                                                            |   |              | 24,111     |   |
| Accrued                  interest payable                                                                                                                         |   |              | 37,844     |   |
| Accrued                  auto allowance                                                                                                                           |   |              | 41,300     |   |
| Accrued                  reimbursement to officer                                                                                                                 |   |              | 47,537     |   |
| Accrued                  salary - officer                                                                                                                         |   |              | 830,666    |   |
| Note                  Payeable K&L International Enterprises, Inc                                                                                             |   |              | 188,000    |   |
| Accrued                  redemption premium                                                                                                                       |   |              | 49,539     |   |
| Secured                  convertible debenture                                                                                                                    |   |              | 30,100     |   |
|                                                                                                                                                              |   |              |       |   |
| Total                  current liabilities                                                                                                                        |   |              | 1,328,054  |   |
|                                                                                                                                                              |   |              |       |   |
| Stockholders'                  deficit:                                                                                                                           |   |              |       |   |
| Preferred                  stock, $.001 par value authorized 500,000; 500,000 shares issued                  and                  outstanding as of June 30, 2008 |   |              | 500        |   |
|                                                                                                                                                              |   |              |       |   |
| Common                  stock, $.001 par value, authorized 4,900,000,000 shares; 974,087,549                  issued and outstanding as of June 30, 2008          |   |              | 761,337    |   |
|                                                                                                                                                              |   |              |       |   |
| Additional                  paid-in capital                                                                                                                       |   |              | 647,023    |   |
|                                                                                                                                                              |   |              |       |   |
| Deficit                  accumulated during development stage                                                                                                     |   |              | (2,736,914 | ) |
|                                                                                                                                                              |   |              |       |   |
| Total                  stockholders' deficit                                                                                                                      |   |              | (1,328,054 | ) |
|                                                                                                                                                              |   |              |       |   |
| Total                  liabilities and stockholders' deficit                                                                                                      |   | $                 | -          |   |

----

**RENOVO        HOLDINGS**

**(A        Development Stage Company)**

**STATEMENT        OF OPERATIONS**

|                                                                                                            |   | **Three Months Ended June 30,** |          | **Six Months Ended June 30,** |   | **For the Period****October 18, ****2000****(Inception) to** |    |
|-----------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------|---------------|---------------------------------------------------|--------|---------------------------------------------------------------------------------------|---------|
|                                                                                                            |   | **2008**                                            |          | **2007**                                          |   | **2008**                                                                              |    | **2007** |   | **June 30, 2008** |   |
| Revenue                                                                                                         |   | $                                                   | -             |                                              | $      | -                                                                                     |    | $ | - |   | $ | - |   | $ | - |   |
|                                                                                                            |   |                                                |          |                                              |   |                                                                                  |    |   |   |   |   |   |   |   |   |   |
| Expenses:                                                                                                       |   |                                                |          |                                              |   |                                                                                  |    |   |   |   |   |   |   |   |   |   |
| Loss                  on sale of property                                                                       |   |                                                | -             |                                              |   | -                                                                                     |    |   | - |   |   | - |   |   | 12,108 |   |
| General                  and Administrative                                                                     |   |                                                | -             |                                              |   | -                                                                                     |    |   | - |   |   | - |   |   | 333,619 |   |
| Depreciation                                                                                                    |   |                                                | -             |                                              |   | -                                                                                     |    |   | - |   |   | - |   |   | 23,821 |   |
| Advertising                                                                                                     |   |                                                | -             |                                              |   | -                                                                                     |    |   | - |   |   | - |   |   | 286,900 |   |
| Consulting                                                                                                      |   |                                                | -             |                                              |   | -                                                                                     |    |   | - |   |   | - |   |   | 411,500 |   |
| Officer                  salary                                                                                 |   |                                                | 62,500        |                                              |   | 20,833                                                                                |    |   | 125,000 |   |   | 83,334 |   |   | 1,229,167 |   |
| Legal                  and accounting                                                                           |   |                                                | 750           |                                              |   | 10,400                                                                                |    |   | 4,350 |   |   | 17,900 |   |   | 217,930 |   |
| Auto                  Allowance                                                                                 |   |                                                | 2,100         |                                              |   | 700                                                                                   |    |   | 4,200 |   |   | 2,800 |   |   | 41,300 |   |
| Interest                  expense                                                                               |   |                                                | -             |                                              |   | 969                                                                                   |    |   | - |   |   | 3,877 |   |   | 42,100 |   |
| Redemption                  premium                                                                             |   |                                                | -             |                                              |   | -                                                                                     |    |   | - |   |   | - |   |   | 49,539 |   |
| Other                  services - related party                                                                 |   |                                                | -             |                                              |   | -                                                                                     |    |   | - |   |   | - |   |   | 72,500 |   |
| Other                  expense                                                                                  |   |                                                | 1,658         |                                              |   | -                                                                                     |    |   | 2,659 |   |   | 220 |   |   | 16,430 |   |
|                                                                                                            |   |                                                |          |                                              |   |                                                                                  |    |   |   |   |   |   |   |   |   |   |
| Total                  expenses                                                                                 |   |                                                | 67,008        |                                              |   | 32,902                                                                                |    |   | 136,209 |   |   | 108,131 |   |   | 2,736,914 |   |
|                                                                                                            |   |                                                |          |                                              |   |                                                                                  |    |   |   |   |   |   |   |   |   |   |
| Net                  loss                                                                                       |   | $                                                   | (67,008       | )                                                 | $      | (32,902                                                                               | )       | $ | (136,209 | ) | $ | (108,131 | ) | $ | (2,736,914 | ) |
|                                                                                                            |   |                                                |          |                                              |   |                                                                                  |    |   |   |   |   |   |   |   |   |   |
|                                                                                                            |   |                                                |          |                                              |   |                                                                                  |    |   |   |   |   |   |   |   |   |   |
| Weighted                  average number of common shares outstanding, basic and fully                  diluted |   |                                                | 1,119,087,549 |                                              |   | 499,854,216                                                                           |    |   | 1,119,087,549 |   |   | 499,854,216 |   |   |  |   |
|                                                                                                            |   |                                                |          |                                              |   |                                                                                  |    |   |   |   |   |   |   |   |   |   |
| Net                  loss per weighted share basic and fully diluted                                            |   | $                                                   | (0.00         | )                                            | $      | (0.00                                                                                 | )  | $ | (0.00 | )  | $ | (0.00 | )  |   |  |   |

----

**RENOVO        HOLDINGS**

**(A        Development Stage Company)**

**STATEMENT        OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)**

|                                                                                                         |   | **Common Stock** |                                            | **Preferred  Stock** |   | **Stock****subscriptions**                      |   | **Additional****Paid-in** |                               | **Accumulated****During****Developmental** |   | **Total****Stockholder's**               |   |
|--------------------------------------------------------------------------------------------------------------|--------|-----------------------|-------------------------------------------------|--------------------------------|--------|-------------------------------------------------|--------|---------------------------|------------------------------------|--------------------------------------------|--------|------------------------------------------|--------|
|                                                                                                         |   | **Shares**            |                                            | **Amount**                     |   | **Shares**                                      |   | **Amount**                |                               | **receivable**                             |   | **Capital**                              |   | **Stage (Deficit)** |   | **Equity** |   |
| 10/18/2000                  - (inception)                                                                    |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares                  issued for services                                                                  |   |                  | 20,000,000                                      |                           | $      | 200                                             |   |                      |                               |                                       |   |                                     |   | $ | - |   | $ | 4,800 |   | $ | - |   | $ | 5,000 |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares                  issued for cash                                                                      |   |                  | 40,000,000                                      |                           |   | 400                                             |   |                      |                               |                                       |   |                                     |   |   | - |   |   | 9,600 |   |   | - |   |   | 10,000 |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                  (loss) October 18, 2000 (Inception) to December 31, 2000                                |   |                  | -                                               |                           |   | -                                               |   |                      |                               |                                       |   |                                     |   |   | - |   |   | - |   |   | (12,849 | ) |   | (12,849 | ) |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance                  - December 31, 2000                                                                 |   |                  | 60,000,000                                      |                           |   | 600                                             |   |                      |                               |                                       |   |                                     |   |   | - |   |   | 14,400 |   |   | (12,849 | ) |   | 2,151 |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares                  issued for cash                                                                      |   |                  | 6,200,000                                       |                           |   | 62                                              |   |                      |                               |                                       |   |                                     |   |   | - |   |   | 9,238 |   |   | - |   |   | 9,300 |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Donated                  services                                                                            |   |                  | -                                               |                           |   | -                                               |   |                      |                               |                                       |   |                                     |   |   | - |   |   | 4,231 |   |   | - |   |   | 4,231 |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                  loss for year                                                                           |   |                  | -                                               |                           |   | -                                               |   |                      |                               |                                       |   |                                     |   |   | - |   |   | - |   |   | (7,429 | ) |   | (7,429 | ) |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |  |   |   |   |   |   |   |   |   |   |   |
| Balance                  - December 31, 2001                                                                 |   |                  | 66,200,000                                      |                           |   | 662                                             |   |                      |                               |                                       |   |                                     |   |   | - |   |   | 27,869 |   |   | (20,278 | ) |   | 8,253 |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares                  issued for cash                                                                      |   |                  | 13,800,000                                      |                           |   | 138                                             |   |                      |                               |                                       |   |                                     |   |   | - |   |   | 20,562 |   |   | - |   |   | 20,700 |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| January                  10, 2002 recapitalization adjustment to additional                  paid-in-capital |   |                  | -                                               |                           |   | 79,200                                          |   |                      |                               |                                       |   |                                     |   |   | - |   |   | (79,200 | ) |   | - |   |   | - |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Donated                  services                                                                            |   |                  | -                                               |                           |   | -                                               |   |                      |                               |                                       |   |                                     |   |   | - |   |   | 6,000 |   |   | - |   |   | 6,000 |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                  loss for year                                                                           |   |                  | -                                               |                           |   | -                                               |   |                      |                               |                                       |   |                                     |   |   | - |   |   | - |   |   | (10,647 | ) |   | (10,647 | ) |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance                  - December 31, 2002                                                                 |   |                  | 80,000,000                                      |                           |   | 80,000                                          |   |                      |                               |                                       |   |                                     |   |   | - |   |   | (24,769 | ) |   | (30,925 | ) |   | 24,306 |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Donated                  services                                                                            |   |                  | -                                               |                           |   | -                                               |   |                      |                               |                                       |   |                                     |   |   | - |   |   | 3,000 |   |   | - |   |   | 3,000 |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares                  Cancelled by majority stockholders                                                   |   |                  | (60,000,000                                     | )                              |   | (60,000                                         | )      |                      |                               |                                       |   |                                     |   |   | - |   |   | 60,000 |   |   | - |   |   | - |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares                  issued for services                                                                  |   |                  | 45,000,000                                      |                           |   | 45,000                                          |   |                      |                               |                                       |   |                                     |   |   | - |   |   | 22,500 |   |   | - |   |   | 67,500 |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares                  issued for services                                                                  |   |                  | 957,062                                         |                           |   | 957                                             |   |                      |                               |                                       |   |                                     |   |   | - |   |   | 115,843 |   |   | - |   |   | 116,800 |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                  loss for year                                                                           |   |                  | -                                               |                           |   | -                                               |   |                      |                               |                                       |   |                                     |   |   | - |   |   | - |   |   | (313,527 | ) |   | (313,527 | ) |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |  |   |   |   |   |   |   |   |   |   |   |
| Balance                  - December 31, 2003                                                                 |   |                  | 65,957,062                                      |                           |   | 65,957                                          |   |                      |                               |                                       |   |                                     |   |   | - |   |   | 176,574 |   |   | (344,452 | ) |   | (101,921 | ) |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares                  issued for cash                                                                      |   |                  | 13,988,094                                      |                           |   | 13,988                                          |   |                      |                               |                                       |   |                                     |   |   | - |   |   | 47,191 |   |   | - |   |   | 61,179 |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares                  issued related to equity distribution agreement                                      |   |                  | 82,300,000                                      |                           |   | 82,300                                          |   |                      |                               |                                       |   |                                     |   |   | (47,000 | ) |   | 317,700 |   |   | - |   |   | 353,000 |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares                  issued for services                                                                  |   |                  | 7,887,938                                       |                           |   | 7,888                                           |   |                      |                               |                                       |   |                                     |   |   | - |   |   | 226,812 |   |   | - |   |   | 234,700 |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                  loss for year                                                                           |   |                  | -                                               |                           |   | -                                               |   |                      |                               |                                       |   |                                     |   |   | - |   |   | - |   |   | (1,099,313 | ) |   | (1,099,313 | ) |
|                                                                                                         |   |                  |                                                 |                           |   |                                                 |   |                      |                               |                                       |   |                                     |   |   |  |   |   |  |   |   |  |   |   |  |   |
| Balance                  - December 31, 2004                                                                 |   |                  | 170,133,094                                     |                           |   | 170,133                                         |   |                      |                               |                                       |   |                                     |   |   | (47,000 | ) |   | 768,277 |   |   | (1,443,765 | ) |   | (552,355 | ) |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares                  issued related to equity distribution agreement                                      |   |                  | 83,758,696                                      |                           |   | 83,759                                          |   |                      |                               |                                       |   |                                     |   |   | 47,000 |   |   | 18,449 |   |   | - |   |   | 149,208 |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares                  issued for debt repayment                                                            |   |                  | 221,637,426                                     |                           |   | 221,637                                         |   |                      |                               |                                       |   |                                     |   |   | - |   |   | (80,795 | ) |   | - |   |   | 140,842 |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares                  issued for services                                                                  |   |                  | 9,950,000                                       |                           |   | 9,950                                           |   |                      |                               |                                       |   |                                     |   |   | - |   |   | (7,950 | ) |   | - |   |   | 2,000 |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                  loss for year                                                                           |   |                  |                        |                           |   |                        |   |                      |                               |                                       |   |                                     |   |   |                       |   |   |                       |   |   | (435,057 | ) |   | (435,057 | ) |
|                                                                                                         |   |                  |                                                 |                           |   |                                                 |   |                      |                               |                                       |   |                                     |   |   |  |   |   |  |   |   |  |   |   |  |   |
| Balance                  - December 31, 2005                                                                 |   |                  | 485,479,216                                     |                           |   | 485,479                                         |   |                      |                               |                                       |   |                                     |   |   | - |   |   | 697,981 |   |   | (1,878,822 | ) |   | (695,362 | ) |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares                  issued in payment for officer salaries payable                                       |   |                  | 14,375,000                                      |                           |   | 14,375                                          |   |                      |                               |                                       |   |                                     |   |   | - |   |   | 8,625 |   |   | - |   |   | 23,000 |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                  loss December 31, 2006                                                                  |   |                  |                                  |                           |   |                                  |   |                      |                               |                                       |   |                                     |   |   |                     |   |   |                     |   |   | (421,223 | ) |   | (421,223 | ) |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance                  - December 31, 2006                                                                 |   |                  | 499,854,216                                     |                           |   | 499,854                                         |   |                      |                               |                                       |   |                                     |   |   | - |   |   | 706,606 |   |   | (2,300,045 | ) |   | (1,093,585 | ) |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares                  issued for debt repayment                                                            |   |                  | 119,833,333                                     |                           |   | 119,833                                         |   |                      |                               |                                       |   |                                     |   |   | - |   |   | (59,583 | ) |   | - |   |   | 60,250 |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                  loss December 31, 2007                                                                  |   |                  | -                                               |                           |   | -                                               |   |                      |                     |                                       |   |                           |   |   | - |   |   | - |   |   | (300,660 | ) |   | (300,660 | ) |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                                    |                                       |   |                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance                  - December 31, 2007                                                                 |   |                  | 619,687,549                                     |                           |   | 619,687                                         |   |                      | -                                  |                                       |   | -                                        |   |   | - |   |   | 647,023 |   |   | (2,600,705 | ) |   | (1,333,995 | ) |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares                  issued for debt repayment                                                            |   |                  | 499,400,000                                     |                           |   | 141,650                                         |   |                      |                               |                                       |   |                                     |   |   | - |   |   | - |   |   | - |   |   | 141,650 |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares                  issued in payment of debt                                                            |   |                  |                                            |                           |   |                                            |   |                      | 500,000                            |                                       |   | 500                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                  loss June 30, 2008                                                                      |   |                  | -                                               |                           |   | -                                               |   |                      |                     |                                       |   |                      |   |   | - |   |   | - |   |   | (136,209 | ) |   | (136,209 | ) |
|                                                                                                         |   |                  |                                            |                           |   |                                            |   |                      |                               |                                       |   |                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance                  - June 30, 2008                                                                     |   |                  | 1,119,087,549                                   |                           | $      | 761,337                                         |   |                      | 500,000                            |                                       | $      | 500                                      |   | $ | - |   | $ | 647,023 |   | $ | (2,736,914 | ) | $ | (1,328,554 | ) |

----

**RENOVO        HOLDINGS**

**(A        Development Stage Company)**

**STATEMENT        OF CASH FLOWS**

|                                                                                                           |   | **Six Months Ended June 30,** |     | **For the Period****October 18, 2000****(Inception) to June** |   |
|----------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------|----------|---------------------------------------------------------------------------------------------|--------|
|                                                                                                           |   | **2008**                                          |     | **2007**                                                                                    |   | **30, 2008** |   |
| **CASH                  FLOWS FROM OPERATIONS**                                                                |   |                                              |     |                                                                                        |   |   |   |   |   |   |
|                                                                                                           |   |                                              |     |                                                                                        |   |   |   |   |   |   |
| Net                  loss                                                                                      |   | $                                                 | (136,209 | )                                                                                           | $      | (108,131 | ) | $ | (2,736,914 | ) |
|                                                                                                           |   |                                              |     |                                                                                        |   |   |   |   |   |   |
| Adjustments                  to reconcile net loss to net cash used for operating                  activities: |   |                                              |     |                                                                                        |   |   |   |   |   |   |
| Stock                  issued for services                                                                     |   |                                              | -        |                                                                                        |   | - |   |   | 329,700 |   |
| Loss                  on sale of equipment                                                                     |   |                                              | -        |                                                                                        |   | - |   |   | 12,108 |   |
| Donated                  services                                                                              |   |                                              | -        |                                                                                        |   | - |   |   | 13,230 |   |
| Depreciation                                                                                                   |   |                                              | -        |                                                                                        |   | - |   |   | 23,821 |   |
| Increase(decrease)                  in accounts payable                                                        |   |                                              | (3,514   | )                                                                                           |   | 16,277 |   |   | 78,437 |   |
| Increase                  in accrued auto allowance                                                            |   |                                              | 4,200    |                                                                                        |   | 2,800 |   |   | 41,300 |   |
| Increase                  in accrued expenses                                                                  |   |                                              | 10,523   |                                                                                        |   | 5,720 |   |   | 124,511 |   |
| Increase                  in accrued salary -officer                                                           |   |                                              | 125,000  |                                                                                        |   | 83,334 |   |   | 1,219,167 |   |
| Increase(decrease)                  in loan from officer                                                       |   |                                              | -        |                                                                                        |   | - |   |   | 55,373 |   |
|                                                                                                           |   |                                              |     |                                                                                        |   |   |   |   |   |   |
| Net                  cash used for operating activities                                                        |   |                                              | -        |                                                                                        |   | - |   |   | (839,267 | ) |
|                                                                                                           |   |                                              |     |                                                                                        |   |   |   |   |   |   |
| **CASH                  FLOWS FROM INVESTING ACTIVITIES**                                                      |   |                                              |     |                                                                                        |   |   |   |   |   |   |
| Purchase                  of equipment                                                                         |   |                                              | -        |                                                                                        |   | - |   |   | (62,931 | ) |
| Proceeds                  from sale of equipment                                                               |   |                                              | -        |                                                                                        |   | - |   |   | 20,000 |   |
|                                                                                                           |   |                                              |     |                                                                                        |   |   |   |   |   |   |
| Net                  cash used in investing activities                                                         |   |                                              | -        |                                                                                        |   | - |   |   | (42,931 | ) |
|                                                                                                           |   |                                              |     |                                                                                        |   |   |   |   |   |   |
| **CASH                  FLOWS FROM FINANCING ACTIVITIES**                                                      |   |                                              |     |                                                                                        |   |   |   |   |   |   |
| Issuance                  of common stock                                                                      |   |                                              | -        |                                                                                        |   | - |   |   | 666,198 |   |
| Issuance                  of secured debenture                                                                 |   |                                              | -        |                                                                                        |   | - |   |   | 300,000 |   |
| Proceeds                  from note payable                                                                    |   |                                              | -        |                                                                                        |   | - |   |   | 100,000 |   |
| Payment                  of accrued salary to officer                                                          |   |                                              | -        |                                                                                        |   | - |   |   | (165,000 | ) |
| Repayment                  of debt to officer                                                                  |   |                                              | -        |                                                                                        |   | - |   |   | (19,000 | ) |
|                                                                                                           |   |                                              |     |                                                                                        |   |   |   |   |   |   |
| Net                  cash used in financing activities                                                         |   |                                              | -        |                                                                                        |   | - |   |   | 882,198 |   |
|                                                                                                           |   |                                              |     |                                                                                        |   |   |   |   |   |   |
| Net                  increase (decrease) in cash                                                               |   |                                              | -        |                                                                                        |   | - |   |   | - |   |
| Cash,                  beginning of period                                                                     |   |                                              | -        |                                                                                        |   | - |   |   | - |   |
| Cash,                  end of period                                                                           |   | $                                                 | -        |                                                                                        | $      | - |   | $ | - |   |
|                                                                                                           |   |                                              |          |                                                                                        |   |  |   |   |   |   |
| Supplemental                  disclosure                                                                       |   |                                              |     |                                                                                        |   |   |   |   |   |   |
| Interest                  paid                                                                                 |   | $                                                 | -        |                                                                                        | $      | - |   | $ | 1,359 |   |
| Taxes                  paid                                                                                    |   | $                                                 | -        |                                                                                        | $      | - |   | $ | - |   |

----

**Note        1 – Organization and summary of significant accounting principles**

*Accounting        and Reporting by Development Stage Enterprises *

|                                     |   | **Years** |                         |
|------------------------------------------|--------|-----------|------------------------------|
|                                     |   |      |                         |
| Furniture                  and equipment |   |      | 3                  – 5 |   |
|                                     |   |      |                         |   |
| Computer                  hardware       |   |      | 3                            |   |
|                                     |   |      |                         |   |
| Vehicles                                 |   |      | 5                            |   |

----

*fair        value based method*

*Earnings        Per Share*

*Disclosures        About Segments of an Enterprise and Related Information*

*Accounting        for Income Taxes*

----

|  | • | of                  management’s responsibility for establishing and maintaining adequate                  internal control over our financial                  reporting; |
|--|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | of                  management’s assessment of the effectiveness of our internal control over                  financial reporting as of year end; |
|--|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | of                  the framework used by management to evaluate the effectiveness                  of our                  internal control over financial reporting;                  and |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | that                  our independent accounting firm has issued an attestation report                  on                  management’s assessment of our internal control over financial reporting,                  which report is also required to be                  filed |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | a) | Permits                  fair value remeasurement for any hybrid financial instrument that                  contains                  an embedded derivative that otherwise would require                  bifurcation. |
|--|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | b) | Clarifies                  which interest-only strips and principal-only strips are not subject                  to                  the requirements of Statement 133. |
|--|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | c) | Establishes                  a requirement to evaluate interests in securitized financial assets                  to                  identify interests that are freestanding derivatives or that are                  hybrid                  financial instruments that contain an embedded derivative requiring                  bifurcation. |
|--|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | d) | Clarifies                  that concentrations of’ credit risk in the form of subordination are not                  embedded derivatives. |
|--|----|--------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | e) | Amends                  Statement 140 to eliminate the prohibition on a qualifying special-purpose                  entity from holding a derivative financial instrument that pertains                  to a                  beneficial interest other than another derivative financial                  instrument. |
|--|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

*,        *

|  | a) | Requires                  an entity to recognize a servicing asset or servicing liability                  each time                  it undertakes an obligation to service a financial asset by entering                  into                  a servicing contract in certain                  situations. |
|--|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | b) | Requires                  all separately recognized servicing assets and servicing liabilities                  to be                  initially measured at fair value, if                  practicable. |
|--|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | c) | Permits                  an entity to choose either the amortization method or the fair                  value                  measurement method for each class of separately recognized servicing                  assets and servicing liabilities. |
|--|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | d) | At                  its initial adoption, permits a one-time reclassification of                  available-for-sale securities to trading securities by entities                  with                  recognized servicing rights, without calling into question the                  treatment                  of other available-for-sale securities under Statement 115, provided                  that                  the available-for-sale securities are identified in some manner                  as                  offsetting the entity’s exposure to changes in fair value of servicing                  assets or servicing liabilities that a servicer elects to subsequently                  measure at fair value. |
|--|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | e) | Requires                  separate presentation of servicing assets and servicing liabilities                  subsequently measured at fair value in the statement of financial                  position                  and additional disclosures for all separately recognized servicing                  assets                  and servicing liabilities. |
|--|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**Note        2 – Furniture and Equipment**

|                                           |   | 2008   |   | 2007   |   |
|------------------------------------------------|--------|--------|--------|--------|--------|
| Computers                                      |   |   | -      |   |   | - |   |
| Office                  equipment              |   |   | -      |   |   | - |   |
| Software                                       |   |   | -      |   |   | - |   |
|                                           |   |   | -      |   |   | - |   |
| Less                  accumulated depreciation |   |   | -      |   |   | - |   |
| Total                                          |   |   | -      |   |   | - |   |

**Note        3 – Secured convertible debentures**

**Note        4 – Income taxes **

----

| Income                  tax provision at the federal statutory rate |   |   | 34  | %       |
|---------------------------------------------------------------------|--------|--------|-----|---------|
| Effect                  of operating losses                         |   |   | -34 | %       |
|                                                                |   |   | 0   | %  |

|                                          |   | For the six months endedJune 30, |     |
|-----------------------------------------------|--------|-----------------------------------------------------------|----------|
|                                          |   | 2008                                                      |     | 2007 |   |
| Gross                  deferred tax asset     |   | $                                                         | 640,000  |   | $ | 625,000 |   |
| Gross                  deferred tax liability |   |                                                      | -        |   |   | - |   |
| Valuation                  allowance          |   |                                                      | (640,000 | ) |   | (625,000 | ) |
|                                          |   |                                                      |     |   |   |   |   |
| Net                  deferred tax asset       |   | $                                                         | -        |   | $ | - |   |

**Note        5 – Stockholders’ equity**

----

**Note        6 – Going concern**

**Note        7 – Warrants and options**

**Note        8 – Related party transactions**

----

**Note        9 – Commitments and contingent liabilities**

**Note        10 – Stock-based compensation**

**Note        11 – Wrap Around Agreement**

----

**FORWARD-LOOKING        STATEMENTS**

|   | o | increases                  in interest rates or our cost of borrowing or a default under any                  material                  debt agreements; |
|--------|---|----------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | o | ability                  to adapt to a change in control; |
|--------|---|-----------------------------------------------------------|

|   | o | the                  unavailability of funds for capital expenditures;                  and |
|--------|---|---------------------------------------------------------------------------------------------|

|   | o | the                  ability to locate potential merger or acquisition                  candidates. |
|--------|---|-----------------------------------------------------------------------------------------------------|

**Item        2. MANAGEMENT’S DISCUSSION AND ANALYSIS **

**Plan        of Operation**

**Overview**

**Plan        of Operation**

----

***Satisfaction        of our cash obligations for the next twelve months***

----

**Liquidity        and Capital Resources**

**Going        Concern**

***Summary        of any product and development that we will perform for the term of the        plan***

***Expected        purchase or sale of plant and significant equipment***

***Significant        changes in the number of employees***

**Off-Balance        Sheet Arrangements**

**FACTORS        THAT MAY AFFECT OUR PLAN OF OPERATION**

***Renovo        has historically lost money and losses may continue in the future, which        may        cause us to curtail operations.***

----

***We        have not accounted for the withholding of federal or state taxes upon the        issuance of common stock for services rendered by our officer, employees        and        consultants, which may subject us to substantial tax liabilities, including        penalties and interest.***

***Renovo        will need to raise additional capital or debt funding to sustain        operations.***

***We        have been the subject of a going concern opinion for the years ended December        31, 2007 and December 31, 2006 from our independent auditors, which means        that        we may not be able to continue operations unless we can become profitable        or        obtain additional funding.***

***We        are subject to a working capital deficit, which means that our current assets        on        June 30, 2008, were not sufficient to satisfy our current liabilities and,        therefore, our ability to continue operations is at        risk.***

----

***Our        common stock may be affected by limited trading volume and may fluctuate        significantly, which may affect our stockholders’ ability to sell shares of our        common stock.***

***Our        common stock is deemed to be a low priced “Penny Stock,” which may make it more        difficult for investors to sell their shares due to suitability        requirements.***

|   | **•** | With                  a price of less than $5.00 per                  share; |
|--------|-------------|------------------------------------------------------------------------------|

|   | **•** | That                  are not traded on a "recognized" national                  exchange; |
|--------|-------------|--------------------------------------------------------------------------------------------|

|   | **•** | Whose                  prices are not quoted on the NASDAQ automated quotation system                  (NASDAQ                  listed stock must still have a price of not less than $5.00 per                  share);                  or |
|--------|-------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | **•** | In                  issuers with net tangible assets less than $2.0 million (if the                  issuer has                  been in continuous operation for at least three years) or $10.0                  million                  (if in continuous operation for less than three years), or with                  average                  revenues of less than $6.0 million for the last three                  years. |
|--------|-------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

***We        may acquire assets or other businesses in the future.***

|   | **•** | The                  acquired assets or business may not achieve expected                  results; |
|--------|-------------|-----------------------------------------------------------------------------------------------------|

|   | **•** | We                  may incur substantial, unanticipated costs, delays or other operational                  or                  financial problems when integrating the acquired                  assets; |
|--------|-------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | **•** | We                  may not be able to retain key personnel of an acquired                  business; |
|--------|-------------|-------------------------------------------------------------------------------------------------------|

|   | **•** | Our                  management’s attention may be diverted;                  or |
|--------|-------------|----------------------------------------------------------------------------------------|

|   | **•** | Our                  management may not be able to manage the acquired assets or combined                  entity effectively or to make acquisitions and grow our business                  internally at the same time. |
|--------|-------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

***If        we fail to remain current on our reporting requirements, we could be removed        from the OTC Bulletin Board, which would limit the ability of broker-dealers        to        sell our securities and the ability of stockholders to sell their securities        in        the secondary market.***

----

***Our        internal controls may be inadequate, which could cause our financial reporting        to be unreliable and lead to misinformation being disseminated to the public.***

**Item        3. Controls and Procedures**

**PART        II - OTHER INFORMATION**

**Item            1.    **Legal            Proceedings.****

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

**Issuer        Purchases of Equity Securities**

----

**Item          3.    **Defaults          Upon Senior Securities.****

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

**Item            5.    **Other            Information.****

**Item            6.    Exhibits and Reports on Form 8-K.**

|                  |   |                                                                                                                                                               |   |                  |   | **Incorporated by reference** |
|-----------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------|--------|-----------------------------------------|
| **Exhibit****number** |   | **Exhibit description**                                                                                                                                       |   | **Filed****herewith** |   | **Form**                                |   | **Period****ending** |   | **Exhibit****No.** |   | **Filing****date** |
| 2.1                   |   | Letter                        of Intent to acquire James Bar Contractors, Inc. dated October                        23, 2003                                       |   |                  |   | SB-2                                    |   |   |   | 2.1 |   | 6/30/04 |
|                  |   |                                                                                                                                                               |   |                  |   |                                    |   |   |   |   |   |   |
| 2.2                   |   | Agreement                        and Plan of Merger with ei3 Corporation, dated September                        26, 2005                                          |   |                  |   | 8-K                                     |   |   |   | 2.1 |   | 9/29/05 |
|                  |   |                                                                                                                                                               |   |                  |   |                                    |   |   |   |   |   |   |
| 2.3                   |   | Amendment                        No. 1 to Agreement and Plan of Merger with ei3 Corporation,                        dated November                        22, 2005 |   |                  |   | 8-K                                     |   |   |   | 2.1 |   | 11/28/05 |
|                  |   |                                                                                                                                                               |   |                  |   |                                    |   |   |   |   |   |   |
| 2.4                   |   | Amendment                        No. 2 to Agreement and Plan of Merger with ei3 Corporation,                        dated February                        14, 2006 |   |                  |   | 8-K                                     |   |   |   | 2.1 |   | 2/14/06 |
|                  |   |                                                                                                                                                               |   |                  |   |                                    |   |   |   |   |   |   |
| 3(i).1                |   | Articles                        of Incorporation dated October 17, 2000                                                                                            |   |                  |   | 10-SB                                   |   |   |   | 3(i)(a) |   | 2/20/02 |
|                  |   |                                                                                                                                                               |   |                  |   |                                    |   |   |   |   |   |   |
| 3(i).2                |   | Certificate                        of Amendment to Articles of Incorporation dated January 10,                        2002                                         |   |                  |   | 10-SB                                   |   |   |   | 3(i)(b) |   | 2/20/02 |
|                  |   |                                                                                                                                                               |   |                  |   |                                    |   |   |   |   |   |   |
| 3(i).3                |   | Certificate                        of Amendment to Articles of Incorporation dated July 14,                        2003                                            |   |                  |   | 10-QSB                                  |   | 6/30/03 |   | 3(i) |   | 8/6/03 |
|                  |   |                                                                                                                                                               |   |                  |   |                                    |   |   |   |   |   |   |
| 3(i).4                |   | Certificate                        of Amendment of Articles of Incorporation dated June 19,                        2004                                            |   |                  |   | SB-2                                    |   |   |   | 3(i).4 |   | 6/30/04 |
|                  |   |                                                                                                                                                               |   |                  |   |                                    |   |   |   |   |   |   |
| 3(ii).1               |   | Bylaws                        dated October 17, 2002                                                                                                               |   |                  |   | 10-SB                                   |   |   |   | 3(ii) |   | 2/20/02 |
|                  |   |                                                                                                                                                               |   |                  |   |                                    |   |   |   |   |   |   |
| 10.1                  |   | Employment                        Agreement with Stephen W. Carnes dated September 3, 2003                                                                         |   |                  |   | 10-QSB                                  |   | 9/30/03 |   | 10.1 |   | 11/14/03 |
|                  |   |                                                                                                                                                               |   |                  |   |                                    |   |   |   |   |   |   |
| 10.2                  |   | Independent                        Contractor Agreement with Cynthia Wainwright dated October                        1,                        2003                |   |                  |   | 10-QSB                                  |   | 9/30/03 |   | 10.3 |   | 11/14/03 |
|                  |   |                                                                                                                                                               |   |                  |   |                                    |   |   |   |   |   |   |
| 10.3                  |   | Independent                        Contractor Agreement with Loren Brown dated October 1,                        2003                                              |   |                  |   | 10-QSB                                  |   | 9/30/03 |   | 10.4 |   | 11/14/03 |
|                  |   |                                                                                                                                                               |   |                  |   |                                    |   |   |   |   |   |   |
| 10.4                  |   | Independent                        Contractor Agreement with Matt Lettau dated October 1,                        2003                                              |   |                  |   | 10-QSB                                  |   | 9/30/03 |   | 10.5 |   | 11/14/03 |
|                  |   |                                                                                                                                                               |   |                  |   |                                    |   |   |   |   |   |   |
| 10.5                  |   | Consulting                        Agreement with Mark Broersma dated August 27, 2003                                                                               |   |                  |   | 10-QSB                                  |   | 9/30/03 |   | 10.6 |   | 11/14/03 |
|                  |   |                                                                                                                                                               |   |                  |   |                                    |   |   |   |   |   |   |
| 10.6                  |   | Consulting                        Agreement with Mike Barr dated August 27, 2003                                                                                   |   |                  |   | 10-QSB                                  |   | 9/30/03 |   | 10.7 |   | 11/14/03 |
|                  |   |                                                                                                                                                               |   |                  |   |                                    |   |   |   |   |   |   |
| 10.7                  |   | Consulting                        Agreement with Florida Catastrophe Corp. dated September                        17,                        2003                  |   |                  |   | 8-K                                     |   |   |   | 10 |   | 9/17/03 |
|                  |   |                                                                                                                                                               |   |                  |   |                                    |   |   |   |   |   |   |
| 10.8                  |   | Letter                        Agreement with Source Capital Group, Inc. dated January 21,                        2004                                              |   |                  |   | 10-KSB                                  |   | 12/31/03 |   | 10.8 |   | 3/30/04 |
|                  |   |                                                                                                                                                               |   |                  |   |                                    |   |   |   |   |   |   |
| 10.9                  |   | Consulting                        Agreement with Mark Broersma dated April 29, 2004                                                                                |   |                  |   | 10-QSB                                  |   | 3/31/04 |   | 10.2 |   | 5/17/04 |

----

| 10.10  |   | Consulting                        Agreement with Mike Barr dated April 29, 2004                                                                                                            |   |   |   | 10-QSB |   | 3/31/04 |   | 10.3   |   | 5/17/04 |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|---------|--------|--------|--------|---------|
|   |   |                                                                                                                                                                                       |   |   |   |   |   |    |   |   |   |    |
| 10.11  |   | Consulting                        Agreement with VBg Design dated April 29, 2004                                                                                                           |   |   |   | 10-QSB |   | 3/31/04 |   | 10.4   |   | 5/17/04 |
|   |   |                                                                                                                                                                                       |   |   |   |   |   |    |   |   |   |    |
| 10.12  |   | Standby                        Equity Distribution Agreement with Cornell Capital Partners,                        LP dated                        April 14, 2004                          |   |   |   | SB-2   |   |    |   | 10.14  |   | 6/30/04 |
|   |   |                                                                                                                                                                                       |   |   |   |   |   |    |   |   |   |    |
| 10.13  |   | Registration                        Rights Agreement with Cornell Capital Partners, LP dated                        April 14,                        2004                                  |   |   |   | SB-2   |   |    |   | 10.15  |   | 6/30/04 |
|   |   |                                                                                                                                                                                       |   |   |   |   |   |    |   |   |   |    |
| 10.14  |   | Escrow                        Agreement with Cornell Capital Partners, LP dated April 14,                        2004                                                                      |   |   |   | SB-2   |   |    |   | 10.16  |   | 6/30/04 |
|   |   |                                                                                                                                                                                       |   |   |   |   |   |    |   |   |   |    |
| 10.15  |   | Placement                        Agent Agreement with Cornell Capital Partners, LP and Newbridge                        Securities                        Corporation dated April 14, 2004 |   |   |   | SB-2   |   |    |   | 10.17  |   | 6/30/04 |
|   |   |                                                                                                                                                                                       |   |   |   |   |   |    |   |   |   |    |
| 10.16  |   | Securities                        Purchase Agreement with Cornell Capital Partners, LP dated                        April 14,                        2004                                  |   |   |   | SB-2   |   |    |   | 10.18  |   | 6/30/04 |
|   |   |                                                                                                                                                                                       |   |   |   |   |   |    |   |   |   |    |
| 10.17  |   | Secured                        Convertible Debenture dated April 14, 2004                                                                                                                  |   |   |   | SB-2   |   |    |   | 10.19  |   | 6/30/04 |
|   |   |                                                                                                                                                                                       |   |   |   |   |   |    |   |   |   |    |
| 10.18  |   | Investor                        Registration Rights Agreement with Cornell Capital Partners,                        LP dated                        April 14, 2004                         |   |   |   | SB-2   |   |    |   | 10.20  |   | 6/30/04 |
|   |   |                                                                                                                                                                                       |   |   |   |   |   |    |   |   |   |    |
| 10.19  |   | Security                        Agreement with Cornell Capital Partners, LP dated April 14,                        2004                                                                    |   |   |   | SB-2   |   |    |   | 10.21  |   | 6/30/04 |
|   |   |                                                                                                                                                                                       |   |   |   |   |   |    |   |   |   |    |
| 10.20  |   | Warrant                        Agreement dated April 14, 2004                                                                                                                              |   |   |   | SB-2   |   |    |   | 10.22  |   | 6/30/04 |
|   |   |                                                                                                                                                                                       |   |   |   |   |   |    |   |   |   |    |
| 10.21  |   | Escrow                        Agreement with Butler Gonzalez, LLP dated April 14, 2004                                                                                                     |   |   |   | SB-2   |   |    |   | 10.23  |   | 6/30/04 |
|   |   |                                                                                                                                                                                       |   |   |   |   |   |    |   |   |   |    |
| 10.22  |   | Assumption                        Agreement with Stephen W. Carnes dated September 26, 2005                                                                                                |   |   |   | 8-K    |   |    |   | 10.1   |   | 9/29/05 |
|   |   |                                                                                                                                                                                       |   |   |   |   |   |    |   |   |   |    |
| 31     |   | Certification                          of Stephen W. Carnes pursuant to Section 302 of the Sarbanes-Oxley                          Act                                                     |   | X      |   |   |   |    |   |   |   |    |
|   |   |                                                                                                                                                                                       |   |   |   |   |   |    |   |   |   |    |
| 32     |   | Certification                          of Stephen W. Carnes pursuant to Section 906 of the Sarbanes-Oxley                          Act                                                     |   | X      |   |   |   |    |   |   |   |    |

| By:                                             | /s/                    Stephen W.                    Carnes                       |
|-------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                            | Stephen                    W. Carnes, President                                                                                                                                                 |
| Chief                    Executive Officer and  |
| Principal                    Accounting Officer |

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