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UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549

FORM 10-Q

(Mark One)

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

For the quarterly period ended August 31, 2010or

[   ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _________________________ to
_________________________

Commission File Number 000-52796

FORZA ENVIRONMENTAL BUILDING PRODUCTS,
INC.(Exact name of registrant as specified in its
charter)

|Nevada                                                               | 71-1046926                       
|-------------------------------------------------------------------- | ---------------------------------
|(State or other jurisdiction of incorporation or
      organization) | (IRS Employer Identification No.)
|                                                                     |                                  
|5927 Balfour Court, Suite 112, Carlsbad, CA                          | 92008                            
|(Address of principal executive offices)                             | (Zip Code)                       

706.931.6789(Registrants telephone
number, including area code)

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

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

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

Large accelerated filer [   ]
    
    Accelerated
      filer                  
      [   ]Non-accelerated filer   [   ]
    (Do not check if a smaller
      reporting company)
    Smaller reporting company
[X]


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

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCYPROCEEDINGS DURING THE PRECEDING FIVE YEARS

Check whether the registrant has filed all documents and reports
required to be filed by Sections 12, 13 or 15(d) of the Exchange Act after the
distribution of securities under a plan confirmed by a court. [  
] YES    [   ] NO

Indicate by check mark whether the registrant has submitted
electronically and posted on its corporate Web site, if any, every Interactive
Data File required to be submitted and posted pursuant to Rule 405 of Regulation
S-T (§232.405 of this chapter) during the preceding 12 months (or for such
shorter period that the registrant was required to submit and post such
files).[   ]YES[   ]NO

APPLICABLE ONLY TO CORPORATE ISSUERS

Indicate the number of shares outstanding of each of the
issuers classes of common stock, as of the latest practicable date. 40,300,000
common shares issued and outstanding as of October 18, 2010.

1

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PART I - FINANCIAL INFORMATION

Item 1. Financial Statements.

Our unaudited interim financial statements for the three month
period ended August 31, 2010 form part of this quarterly report. They are stated
in United States Dollars (US$) and are prepared in accordance with United States
generally accepted accounting principles.

2

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FORZA ENVIRONMENTAL BUILDING PRODUCTS, INC.(FORMERLY GURATA GOLD, INC.)(A DEVELOPMENT STAGE COMPANY)BALANCE SHEETS

|                                                                                                                                                                                          |   | (UNAUDITED) |   |   |          |  
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | - | ----------- | - | - | -------- | -
|                                                                                                                                                                                          |   | August 31,  |   |   | May 31,  |  
|                                                                                                                                                                                          |   | 2010        |   |   | 2010     |  
|                                                                                                                                                                                          |   |             |   |   |          |  
|ASSETS                                                                                                                                                                                    |   |             |   |   |          |  
|                                                                                                                                                                                          |   |             |   |   |          |  
|Current assets:                                                                                                                                                                           |   |             |   |   |          |  
|Cash                                                                                                                                                                                      | $ | 63,288      |   | $ | 50,890   |  
|Deposit
      receivable                                                                                                                                                                  |   | 711         |   |   | 109      |  
|Due from related party                                                                                                                                                                    |   | 867         |   |   | -        |  
|Prepaids                                                                                                                                                                                  |   | 160         |   |   | -        |  
|                                                                                                                                                                                          |   |             |   |   |          |  
|Total current
      assets                                                                                                                                                                |   | 65,026      |   |   | 50,999   |  
|                                                                                                                                                                                          |   |             |   |   |          |  
|Construction in progress                                                                                                                                                                  |   | 24,000      |   |   | -        |  
|                                                                                                                                                                                          |   |             |   |   |          |  
|Total assets                                                                                                                                                                              | $ | 89,026      |   | $ | 50,999   |  
|                                                                                                                                                                                          |   |             |   |   |          |  
|LIABILITIES AND STOCKHOLDERS'
      (DEFICIT) EQUITY                                                                                                                                      |   |             |   |   |          |  
|                                                                                                                                                                                          |   |             |   |   |          |  
|Current liabilities:                                                                                                                                                                      |   |             |   |   |          |  
|Accounts payable                                                                                                                                                                          | $ | 37,407      |   | $ | 46,829   |  
|Accrued
      liabilities                                                                                                                                                                 |   | 9,000       |   |   | 5,000    |  
|Advances payable                                                                                                                                                                          |   | 35,003      |   |   | 33,183   |  
|Due to related parties                                                                                                                                                                    |   | 539         |   |   | 813      |  
|                                                                                                                                                                                          |   |             |   |   |          |  
|Total current liabilities                                                                                                                                                                 |   | 81,949      |   |   | 85,825   |  
|                                                                                                                                                                                          |   |             |   |   |          |  
|                                                                                                                                                                                          |   |             |   |   |          |  
|Total liabilities                                                                                                                                                                         |   | 81,949      |   |   | 85,825   |  
|                                                                                                                                                                                          |   |             |   |   |          |  
|Commitments and contingencies                                                                                                                                                             |   | -           |   |   | -        |  
|                                                                                                                                                                                          |   |             |   |   |          |  
|Stockholders' deficit:                                                                                                                                                                    |   |             |   |   |          |  
|Common stock; authorized 75,000,000; $0.001
      par value;          40,300,000 and 39,000,000 shares issued and
      outstanding at 
           August 31, 2010 and May 31,
      2010 |   | 40,300      |   |   | 39,000   |  
|Additional paid in capital                                                                                                                                                                |   | 374,950     |   |   | 76,250   |  
|Common stock subscribed                                                                                                                                                                   |   | 105,000     |   |   | 205,000  |  
|Deficit accumulated during the exploration stage                                                                                                                                          |   | (327,027    | ) |   | (327,027 | )
|Deficit accumulated during the development stage                                                                                                                                          |   | (186,146    | ) |   | (28,049  | )
|                                                                                                                                                                                          |   |             |   |   |          |  
|Total stockholders' deficit                                                                                                                                                               |   | 7,077       |   |   | (34,826  | )
|                                                                                                                                                                                          |   |             |   |   |          |  
|Total liabilities and stockholders' deficit                                                                                                                                               | $ | 89,026      |   | $ | 50,999   |  

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

3

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FORZA ENVIRONMENTAL BUILDING PRODUCTS, INC.(FORMERLY GURATA GOLD, INC.)(A DEVELOPMENT STAGE COMPANY)STATEMENTS OF OPERATIONS(UNAUDITED)

|                                                 |   | Three Months           |   |   | From May 18,        |  
|------------------------------------------------ | - | ---------------------- | - | - | ------------------- | -
|                                                 |   | Ended
      August 31, |   |   | **2010 (Inception** |  
|                                                 |   |                        |   |   |                     |  
|                                                 |   |                        |   |   |                     |  
|                                                 |   | 2010                   |   |   | 2009                |  
|                                                 |   |                        |   |   |                     |  
|Operating Expenses:                              |   |                        |   |   |                     |  
|Administrative fees                              | $ | 3,000                  |   | $ | -                   |  
|Bank charges and interest                        |   | 547                    |   |   | -                   |  
|Consulting                                       |   | 49,915                 |   |   | -                   |  
|Entertainment                                    |   | 149                    |   |   | -                   |  
|Office                                           |   | 9,374                  |   |   | -                   |  
|Professional fees                                |   | 7,328                  |   |   | -                   |  
|Regulatory                                       |   | 1,727                  |   |   | -                   |  
|Rent                                             |   | 5,100                  |   |   | -                   |  
|Repairs & Maintenance                            |   | 855                    |   |   | -                   |  
|Travel                                           |   | 1,677                  |   |   | -                   |  
|Wages
      and Salaries                         |   | 78,425                 |   |   | -                   |  
|                                                 |   |                        |   |   |                     |  
|Net loss before discontinued operations          |   | 158,097                |   |   | -                   |  
|                                                 |   |                        |   |   |                     |  
|Discontinued
      operations                    |   | -                      |   |   | 11,289              |  
|                                                 |   |                        |   |   |                     |  
|Net loss for the
      period                    | $ | (158,097               | ) | $ | (11,289             | )
|                                                 |   |                        |   |   |                     |  
|Net loss per share from continuing operations:   |   |                        |   |   |                     |  
|Basic and diluted                                | $ | (0.00                  | ) | $ | (0.00               | )
|                                                 |   |                        |   |   |                     |  
|Net loss per share from discontinued operations: |   |                        |   |   |                     |  
|Basic
      and diluted                          | $ | (0.00                  | ) | $ | (0.00               | )
|                                                 |   |                        |   |   |                     |  
|Weighted average number of shares outstanding:   |   |                        |   |   |                     |  
|Basic and diluted                                |   | 39,342,391             |   |   | 39,000,000          |  

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

4

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FORZAENVIRONMENTALBUILDINGPRODUCTS,INC.(FORMERLYGURATAGOLD,INC.)(ADEVELOPMENTSTAGECOMPANY)STATEMENTSOF CASHFLOWS(UNAUDITED)

|                                                                     |   |                          |   |   |                 |   |   | From May 18,    |  
|-------------------------------------------------------------------- | - | ------------------------ | - | - | --------------- | - | - | --------------- | -
|                                                                     |   |                          |   |   |                 |   |   | 2010            |  
|                                                                     |   |                          |   |   |                 |   |   | (Inception of   |  
|                                                                     |   |                          |   |   |                 |   |   | Development     |  
|                                                                     |   | Three
      Months Ended |   |   | Stage) to       |  
|                                                                     |   | August 31, 2010          |   |   | August 31, 2009 |   |   | August 31, 2010 |  
|                                                                     |   |                          |   |   |                 |   |   |                 |  
|Cash flow from operating activities:                                 |   |                          |   |   |                 |   |   |                 |  
|Net loss                                                             | $ | (158,097                 | ) | $ | (11,289         | ) | $ | (186,146        | )
|                                                                     |   |                          |   |   |                 |   |   |                 |  
|Changes in operating assets and liabilities:                         |   |                          |   |   |                 |   |   |                 |  
|Deposit receivable                                                   |   | (602                     | ) |   | -               |   |   | (602            | )
|Due from related party                                               |   | (867                     | ) |   | -               |   |   | (867            | )
|Prepaids                                                             |   | (160                     | ) |   | -               |   |   | (160            | )
|Accounts payable                                                     |   | (9,422                   | ) |   | -               |   |   | (1,542          | )
|Accrued administrative fees                                          |   | 4,000                    |   |   | -               |   |   | (6,651          | )
|Advances payable                                                     |   | 1,820                    |   |   | -               |   |   | 1,820           |  
|Due to related party                                                 |   | (274                     | ) |   | -               |   |   | 214             |  
|Accounts payable related to discontinued operations                  |   | -                        |   |   | 8,175           |   |   | -               |  
|Accrued administrative fees related to discontinued
      operations |   | -                        |   |   | 3,124           |   |   | -               |  
|Accrued professional
      fees related to discontinued operations   |   | -                        |   |   | (99             | ) |   | -               |  
|Net cash used in operating activities                                |   | (163,602                 | ) |   | (89             | ) |   | (193,934        | )
|                                                                     |   |                          |   |   |                 |   |   |                 |  
|Cash flows from investing activities:                                |   |                          |   |   |                 |   |   |                 |  
|                                                                     |   | -                        |   |   | -               |   |   | -               |  
|                                                                     |   |                          |   |   |                 |   |   |                 |  
|Cash flows from investing activities:                                |   |                          |   |   |                 |   |   |                 |  
|Payments for construction in progress                                |   | (24,000                  | ) |   | -               |   |   | (24,000         | )
|Net cash used in investing activities                                |   | (24,000                  | ) |   | -               |   |   | (24,000         | )
|                                                                     |   |                          |   |   |                 |   |   |                 |  
|Cash flows from financing activities:                                |   |                          |   |   |                 |   |   |                 |  
|Cash from subscription of common stock                               |   | 200,000                  |   |   | -               |   |   | 250,000         |  
|Net cash provided
      by financing activities                      |   | 200,000                  |   |   | -               |   |   | 250,000         |  
|                                                                     |   |                          |   |   |                 |   |   |                 |  
|Net increase (decrease) in cash during the period                    |   | 12,398                   |   |   | (89             | ) |   | 32,066          |  

5

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FORZAENVIRONMENTALBUILDINGPRODUCTS,INC.(FORMERLYGURATAGOLD,INC.)(ADEVELOPMENTSTAGECOMPANY)STATEMENTSOF CASHFLOWS(UNAUDITED)

|                                                  |   |                          |   |   |                 |  |   | From May 18, 2010  |  
|------------------------------------------------- | - | ------------------------ | - | - | --------------- |  | - | ------------------ | -
|                                                  |   |                          |   |   |                 |  |   | (Inception of      |  
|                                                  |   |                          |   |   |                 |  |   | Development Stage) |  
|                                                  |   | Three
      Months Ended |   |   | to              | 
|                                                  |   | August 31, 2010          |   |   | August 31, 2009 |  |   | August 31, 2010    |  
|Cash, beginning of period                         |   | 50,890                   |   |   | 1,339           |  |   | 31,222             |  
|                                                  |   |                          |   |   |                 |  |   |                    |  
|Cash, end of period                               | $ | 63,288                   |   | $ | 1,250           |  | $ | 63,288             |  
|                                                  |   |                          |   |   |                 |  |   |                    |  
|Supplemental disclosure of cash flow information: |   |                          |   |   |                 |  |   |                    |  
|Cash paid during the period                       |   |                          |   |   |                 |  |   |                    |  
|Taxes                                             | $ | -                        |   | $ | -               |  | $ | -                  |  
|Interest                                          | $ | -                        |   | $ | -               |  | $ | -                  |  
|                                                  |   |                          |   |   |                 |  |   |                    |  
|                                                  |   |                          |   |   |                 |  |   |                    |  
|Non cash items:                                   |   |                          |   |   |                 |  |   |                    |  
|Common shares subscribed                          | $ | (100,000                 | ) |   | -               |  | $ | (100,000           | )
|Common shares issued                              | $ | 100,000                  |   |   | -               |  | $ | 100,000            |  

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

6

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FORZA ENVIRONMENTAL BUILDING PRODUCTS, INC.(FORMERLY GURATA GOLD, INC. ) (A DEVELOPMENT STAGE
COMPANY) NOTES TO THE FINANCIAL STATEMENTS AUGUST 31, 2010

NOTE 1  ORGANIZATION AND BASIS OF PRESENTATION

Nature of Operations

Forza Environmental Building Products, Inc. (Forza) was
incorporated on May 26, 2006, under the laws of the State of Nevada. Until May
17, 2010, Forzas principal business was the acquisition and exploration of
mineral resources in northwestern British Columbia, Canada. On May 18, 2010
Forza announced a change in its direction to manufacture, market and distribute
the Artzer Z-Panel building product. Accordingly, the Company exited the
Exploration Stage and entered the Development Stage on that date. On July 19,
2010 the company changed its name to Forza Environmental Building Products, Inc.
In these notes, the terms Company, we, us or our mean Forza.

Development Stage

These financial statements and related notes are presented in
accordance with accounting principles generally accepted in the United States of
America. The Company has not produced any revenues from its principal business
and is a development stage company, and follows Accounting Standard 915
Development Stage Entities (AS 915), where applicable.

The Company is in the early development stage. In a development
stage company, management devotes most of its time to conducting set up work and
developing its business. These financial statements have been prepared on a
going concern basis, which implies the Company will continue to realize its
assets and discharge its liabilities in the normal course of business. The
Company has never paid any dividends and is unlikely to pay dividends or
generate earnings in the immediate or foreseeable future. The Companys
continuation as a going concern and its ability to emerge from the development
stage with any planned principal business activity is dependent upon the
continued financial support of its shareholders and its ability to obtain the
necessary equity financing and attain profitable operations.

Since the acquisition of the Artzer Z-Panel the Company has
determined it will not continue to proceed with its exploration activities.

Basis of Presentation

The accompanying unaudited financial statements included herein
have been prepared in accordance with accounting principles generally accepted
in the United States for interim financial information and with the instructions
to Form 10-Q. They do not include all information and notes required by
generally accepted accounting principles for complete financial statements.
However, except as disclosed herein, there have been no material changes in the
information disclosed in the notes to the financial statements included on Form
10-K of Forza Environmental Building Products, Inc. for the year ended May 31,
2010. In the opinion of management, all adjustments considered necessary for a
fair presentation have been included, and are of a normal recurring nature.
Operating results for the three months ended August 31, 2010 are not necessarily
indicative of the results that may be expected for any other interim period or
the entire year. For further information, these unaudited financial statements
and the related notes should be read in conjunction with the Companys audited
financial statements for the year ended May 31, 2010, included in the Companys
annual report on Form 10-K.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Cash and Cash Equivalents

For purposes of the balance sheet and statement of cash flows,
the Company considers all amounts on deposit with financial institutions and
highly liquid investments with maturities of 90 days or less to be cash
equivalents. At August 31, 2010 and May 31, 2010, the Company did not have any
cash equivalents.

7

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FORZA ENVIRONMENTAL BUILDING PRODUCTS, INC.(FORMERLY GURATA GOLD, INC. ) (A DEVELOPMENT STAGE
COMPANY) NOTES TO THE FINANCIAL STATEMENTS AUGUST 31, 2010

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(continued)

Financial Instruments

Concentration of Credit Risk

Financial instruments that potentially subject the Company to
significant concentrations of credit risk consist principally of cash. At August
31, 2010 and May 31, 2010 the Company had approximately $500 in cash that was
not insured. The Company has not experienced any losses in cash balances and
does not believe it is exposed to any significant credit risk on its cash.

Foreign Exchange Risk

The Company is subject to foreign exchange risk for
transactions denominated in foreign currencies. Foreign currency risk arises
from the fluctuation of foreign exchange rates and the degree of volatility of
these rates relative to the United States dollar. The Company does not believe
that it has any material risk due to foreign currency exchange.

Fair Value of Financial Instruments

On June 1, 2007, the Company adopted Accounting Standard 820
Fair Value Measurement and Disclosure (AS 820). AS 820 relates to
financial assets and financial liabilities. AS 820 defines fair value,
establishes a framework for measuring fair value in accounting principles
generally accepted in the United States of America (GAAP), and expands
disclosures about fair value measurements. The provisions of this standard apply
to other accounting pronouncements that require or permit fair value
measurements and are to be applied prospectively with limited exceptions. The
adoption of AS 820, as it relates to financial assets and financial liabilities,
had no impact on the Companys financial statements.

AS 820 defines fair value as the price that would be received
to sell an asset or paid to transfer a liability in an orderly transaction
between market participants at the measurement date. This standard is now the
single source in GAAP for the definition of fair value, except for the fair
value of leased property as defined in ASC 840. AS 820 establishes a fair value
hierarchy that distinguishes between (1) market participant assumptions
developed based on market data obtained from independent sources (observable
inputs) and (2) an entitys own assumptions about market participant assumptions
developed based on the best information available in the circumstances
(unobservable inputs). The fair value hierarchy consists of three broad levels,
which gives the highest priority to unadjusted quoted prices in active markets
for identical assets or liabilities (Level 1) and the lowest priority to
unobservable inputs (Level 3). The three levels of the fair value hierarchy
under AS 820 are described below:

|Level 1 - | Unadjusted quoted prices in active markets that are
      accessible at the measurement date for identical, unrestricted assets or
      liabilities.                                                                                                                                                                                                                                                                                                                                                                                                                                  
|--------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|Level 2 - | Inputs other than quoted prices included within Level 1
      that are observable for the asset or liability, either directly or
      indirectly, including quoted prices for similar assets or liabilities in
      active markets; quoted prices for identical or similar assets or
      liabilities in markets that are not active; inputs other than quoted
      prices that are observable for the asset or liability (e.g., interest
      rates); and inputs that are derived principally from or corroborated by
      observable market data by correlation or other means.
|          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|Level 3 - | Inputs that are both significant to the fair value
      measurement and unobservable.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 

The Companys financial instruments include cash, accounts
payable, accrued administrative fees, professional fees and advances payable.
The fair value of these financial instruments approximate their carrying values
due to their short maturities.

8

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FORZA ENVIRONMENTAL BUILDING PRODUCTS, INC.(FORMERLY GURATA GOLD, INC. ) (A DEVELOPMENT STAGE
COMPANY) NOTES TO THE FINANCIAL STATEMENTS AUGUST 31, 2010

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(continued)

Foreign Currency Translation

The Companys functional and reporting currency is the United
States dollar. Monetary assets and liabilities denominated in foreign currencies
are translated in accordance with Accounting Standard 830 Foreign Currency
Matters (AS 830), using the exchange rate prevailing at the balance sheet
date. Gains and losses arising on settlement of foreign currency denominated
transactions or balances are included in the determination of income. Foreign
currency transactions are primarily undertaken in Canadian dollars. The Company
has not to the date of these financial statements, entered into derivative
instruments to offset the impact of foreign currency fluctuations.

Reclassifications

Certain prior period amounts in the accompanying financial statements
  have been reclassified to conform to the current periods presentation.
  These reclassifications had no effect on the results of operations or financial
  position for any period presented.

Accounting Estimates

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

The Companys financial statements are based on a number of
estimates, including accruals for estimated administrative and professional
fees.

Comprehensive Income (Loss)

Comprehensive Income (loss) reflects changes in equity that
results from transactions and economic events from non-owner sources. At August
31, 2010 and May 31, 2010, the Company has no items that represent a
comprehensive income (loss) and, therefore, has not included a schedule of
comprehensive income (loss) in the financial statements.

Asset Retirement Obligations

Accounting Standard 410 Asset Retirement and Environmental
Obligations (AS 410) addresses financial accounting and reporting for
obligations associated with the retirement of tangible long-lived assets and the
associated asset retirement costs. Specifically, AS 410 requires that the fair
value of a liability for an asset retirement obligation be recognized in the
period in which it is incurred if a reasonable estimate of fair value can be
made. In addition, the asset retirement cost is capitalized as part of the
assets carrying value and subsequently allocated to expense over the assets
useful life. At August 31, 2010 and May 31, 2010, the Company did not have any
asset retirement obligations.

9

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FORZA ENVIRONMENTAL BUILDING PRODUCTS, INC.(FORMERLY GURATA GOLD, INC. ) (A DEVELOPMENT STAGE
COMPANY) NOTES TO THE FINANCIAL STATEMENTS AUGUST 31, 2010

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(continued)

Basic and Diluted Net Loss Per Common Share (EPS)

Basic net loss per share is computed by dividing the net loss
attributable to the common stockholders by the weighted average number of common
shares outstanding during the reporting period. Diluted net income per common
share includes the potential dilution that could occur upon exercise of the
options and warrants to acquire common stock computed using the treasury stock
method which assumes that the increase in the number of shares is reduced by the
number of shares which could have been repurchased by the Company with the
proceeds from the exercise of the options and warrants (which were assumed to
have been made at the average market price of the common shares during the
reporting period).

Potential common shares are excluded from the diluted loss per
share computation in net loss periods as their inclusion would be anti-dilutive.

At August 31, 2010, the Company had issued 40,300,000 common
shares and had no outstanding options or warrants.

Stock-Based Compensation

In December 2004 Accounting Standard 718, Compensation 
Stock Compensation (AS 718) was brought into effect. AS 718 eliminates the
option to use the intrinsic value method of accounting and requires recording
expense for stock compensation based on a fair value based method.

Recent Accounting Pronouncements

We do not expect the adoption of any new accounting
pronouncements to have a material impact on our financial statements.

NOTE 3  GOING CONCERN

These financial statements have been prepared on a going
concern basis, which implies the Company will continue to realize its assets and
discharge its liabilities in the normal course of business. The Company has not
generated any revenues since inception and has never paid any dividends and is
unlikely to pay dividends or generate earnings in the immediate or foreseeable
future. The continuation of the Company as a going concern is dependent upon the
continued financial support from its shareholders, the ability of the Company to
obtain necessary equity financing to continue operations, confirmation of the
Companys interests in the underlying properties, and the attainment of
profitable operations. The Companys ability to achieve and maintain
profitability and positive cash flows is dependent upon its ability to generate
revenues from its manufacturing and distribution business and control production
costs. Based upon current plans, the Company expects to incur operating losses
in future periods. At August 31, 2010, the Company had an accumulated deficit of
$513,173 since inception. These factors raise substantial doubt regarding the
Companys ability to continue as a going concern. There is no assurance that the
Company will be able to generate sufficient revenues to cover operating costs in
the future. These financial statements do not give any effect to any adjustments
that would be necessary should the Company be unable to continue as a going
concern and therefore be required to realize its assets and discharge its
liabilities in other than the normal course of business and at amounts different
from those reflected in the accompanying financial statements.

10

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FORZA ENVIRONMENTAL BUILDING PRODUCTS, INC.(FORMERLY GURATA GOLD, INC. ) (A DEVELOPMENT STAGE
COMPANY) NOTES TO THE FINANCIAL STATEMENTS AUGUST 31, 2010

NOTE 4  CONSTRUCTION IN PROGRESS

The Company has made payments of $24,000 for welding process
machinery, which has not been placed in service as of August 31, 2010 (see note
5). The payments are related to an asset purchase agreement the Company has
executed with a related party (the related party is a Company controlled by an
officer of the Company).

NOTE 5 - RELATED PARTY TRANSACTIONS

The Company paid monthly rent for office space to our CFO of
$1,700 starting in the month of May.

See Note 4 for payments made for welding process machinery to a
related party.

NOTE 6 - COMMON STOCK

On July 11, 2006 and August 23, 2006, the Company issued
3,000,000 and 19,000,000 common shares respectively, at $0.001 per share for
cash of $22,000.

On November 30, 2007, the Company issued 17,000,000 common
shares at $0.005 per share for cash of $85,000.

On July 8, 2010 500,000 common shares at $0.20 per share were
issued for deposits received in May, 2010.

On July 8, 2010, 120,000 common shares were issued at $0.25 per
share for cash of $30,000. On July 29, 2010, 280,000 common shares were issued
at $0.25 per share for cash of $70,000. On August 2, 2010, 400,000 common shares
were issued at $0.25 per share for cash of $100,000.

Common Stock Subscribed

On May 1, 2010, the Company agreed to issue 500,000 common
shares valued at $105,000 or $0.21 per share as part of an employment agreement.
The Company recorded the $105,000 as wages expense in the May 31, 2010 financial
statements. As of the date of these financials statements, these shares have not
been issued.

NOTE 7 - DISCONTINUED OPERATIONS

On May 17, 2010 the Company changed its focus from exploration
of mineral properties, to manufacturing, marketing and distributing building
products. The Company had the following losses from discontinued operations for
the three months ended August 31, 2009 and 2010.

Discontinued Operations:

Three Months Ended August
      31 2010
      Three Months Ended August
      31, 2009Administrative fees
    $ Nil
    3,125Bank charges and interest
    Nil
    88Professional fees
      Nil
      8,076Discontinued operations
    $ Nil
    $11,289


11

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FORZA ENVIRONMENTAL BUILDING PRODUCTS, INC.(FORMERLY GURATA GOLD, INC. ) (A DEVELOPMENT STAGE
COMPANY) NOTES TO THE FINANCIAL STATEMENTS AUGUST 31, 2010

NOTE 8  SUBSEQUENT EVENTS

We have evaluated subsequent events through October 13, 2010,
which is the date the financial statements were issued.

12

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

FORWARD-LOOKING STATEMENTS

This quarterly report contains forward-looking statements.
These are statements regarding financial and operating performance and results
and other statements that are not historical facts. The words expect,
project, estimate, believe, anticipate, intend, plan, forecast,
and similar expressions are intended to identify forward-looking statements.
Certain important risks could cause results to differ materially from those
anticipated by some of the forward-looking statements. Some, but not all, of
these risks include, among other things:

- general economic conditions, because they may affect our ability to raise
  money,
- our ability to raise enough money to continue our operations,
- changes in regulatory requirements that adversely affect our business,
- changes in the prices for minerals that adversely affect our business,
- political changes in Canada, which could affect our interests there, and
- other uncertainties, all of which are difficult to predict and many of
  which are beyond our control.

We caution you not to place undue reliance on these
forward-looking statements, which reflect our managements view only as of the
date of this report. We are not obligated to update these statements or publicly
release the results of any revisions to them to reflect events or circumstances
after the date of this report or to reflect the occurrence of unanticipated
events. You should refer to and carefully review the information in future
documents we file with the Securities and Exchange Commission.

In this quarterly report, unless otherwise specified, all
dollar amounts are expressed in United States dollars. All references to "US$"
refer to United States dollars and all references to "common stock" refer to the
common shares in our capital stock.

As used in this quarterly report, the terms "we", "us", "our"
and "our company" mean Forza Environmental Building Products, Inc., unless
otherwise indicated.

General Overview and Business Development over the Last
Three Years

We were incorporated in the state of Nevada on May 26, 2006.
Since our incorporation, we have been in the business mineral exploration.

On January 17, 2007, we acquired the Gate 1 Claim, a mineral
claim in the Province of British Columbia. After exploring the claim management
of our company decided to change the focus of our company.

As of May 18, 2010, we changed our business to provide
environmentally sound, energy-efficient materials for safe, sustainable shelter
to disaster replacement housing projects around the world.

We will be immediately pursuing contractual relationships in
disaster affected areas around the globe. Our immediate focus is marketing our
product to the Gulf Coast Rebuilding Project in Louisiana; we hope to play an
integral part in the rebuilding effort as a result of Katrina. We will also be
pursuing a contractual relationship in Haiti hoping to provide the materials
that will help rebuild Haiti as a result of the recent earthquake. Investors
must keep in mind that these are forward looking statements and contracts may
never come to fruition.

We are also targeting other areas of the globe to include the
Middle East, China, Central and South America, as well other areas of the globe
where disaster resistant building system materials are needed.

We have not been involved in any bankruptcy, receivership or
similar proceedings. There have been no material reclassifications, mergers,
consolidations or purchases or sales of a significant amount of assets not in
the ordinary course of our business.

13

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Our Current Business

We are a development stage company, as defined by Statement of
Financial Accounting Standard SFAS No.7 Accounting and Reporting for
Development Stage Enterprises. Our principal business is the development of
markets for environmentally sound, energy-efficient materials for safe,
sustainable shelter to disaster replacement housing projects around the world.

Principal Products

The Artzer Z-Panel system is a three-dimensional welded wire
truss network, and an expanded polystyrene core, covered with cement render. The
high resistant steel in the wire network, and the applied render provides
exceptional reinforcement characteristics and high resistance to seismic and
wind loads. The System is lightweight and reduces foundation requirements and
provides insulation and results in energy savings.

The Artzer Z-Panel System provides a building solution that is
25% more energy efficient; has a significantly shorter construction completion
time; and is pest resistant, earthquake resistant, and wind resistant up to 180
mph, flood and mold resistant buildings constructed with the Artzer Z Panel
System have a lifespan significantly longer than comparative traditional stick
building and the System presents greatly reduced Life Cycle Costs.

Results of Operations

Three months Ended August 31, 2010 and 2009

Our operating results for the three months ended August 31,
2010 and 2009 and the changes between those periods for the expenses are
summarized as follows:

Three months ended
      August 31, 2010 $
      Three months ended
      August 31, 2009 $
      Change Between Three months
      ended August 31, 2010 and August 31,
      2009 $Administrative fees
    3,000
    Nil
    3,000Bank charges and interest
    547
    Nil
    547Consulting
    49,915
    Nil
    49,915Entertainment
    149
    Nil
    149Office
    9,374
    Nil
    9,374Professional fees
    7,328
    Nil
    7,328Regulatory
    1,727
    Nil
    1,727Rent
    5,100
    Nil
    5,100Repairs and Maintenance
    855
    Nil
    855Travel
    1,677
    Nil
    1,677Wages and salaries
    78,425
    Nil
    78,425Discontinued operations
    Nil
    11,289
    (11,289)Net loss for the period
    $(158,097)
    $(11,289)
    $146,808


During the three months ended August 31, 2010, our net loss
increased by $146,808 an increase of 1,300% from $11,289 for the three months
ended August 31, 2009 to $158,097 for the three months ended August 31, 2010.

14

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The $146,808 increase in our net loss for the three months
ended August 31, 2010 was primarily caused by the change in direction of our
business. There were increases in consulting expenses office expenses,
professional fees, regulatory fees, rent, repairs and maintenance, travel and
wages and salaries,. All of these expenses increased in conjunction with setting
up our new project of manufacturing, marketing and distributing the Artzer
Z-Panel.

The expenses listed under discontinued operations refer to
expenses incurred while our focus was on the development of our Gate 1 mineral
claim in Northern British Columbia.

Revenues

Over the next 12 months, we do not anticipate generating any
significant revenue and we expect our operating losses to be approximately
$700,000. We plan to develop our business to market the Artzer Z-Panel worldwide
to areas that have been affected by natural disasters such as earthquakes,
floods and hurricanes. We do not have any financing arranged and cannot provide
any assurance that we will be able to raise sufficient funding from the sale of
our shares of common stock or that we will receive private advances.

Liquidity and Financial Condition

At August 31, 2010, we had a cash balance of $63,288 and
negative cash flows from operations of $163,602. During the three months ended
August 31, 2010, we funded our operations with cash that we received from the
sale of common stock and from advances from an unrelated party.

Cash Flows

As atAugust 31,2010
      
      
      2009Net Used In Operating Activities
      $
      (163,602
      )
      $
      (89
      )Net Cash Used In Investing Activities
      $
      (24,000
      )
      $
      NilNet Cash Provided by Financing Activities
      $
      200,000
      
      $
      NilIncrease (Decrease) in Cash During the Period
      $
      12,398
      
      $
      (89
      )


Net Cash Used in Operating Activities

Net cash used in operating activities during the three months
ended August 31, 2010 was $163,602. We used cash primarily to cover our net loss
of $158,097 and to cover a decrease in accounts payable of $9,422. This use of
cash was offset primarily by an increase in accrued liabilities of $4,000 and a
decrease in advances payable of $1,840.

Net cash used in operating activities during the three months
ended August 31, 2009 was $89. We used cash primarily to fund our net loss
related to discontinued operations of $11,289. Cash was also used due to a
reduction of accrued professional fees related to discontinued operations of
$99. These uses were offset by increases in accounts payable related to
discontinued operations of $8,175 and accrued administrative fees related to
discontinued operations of $3,124.

Net Cash Used in Investing Activities

During the three months ended August 31, 2010 we spent $24,000
on construction in progress with respect to the installation of a panel welding
machine.

We did not have any investing activities during the three
months ended August 31, 2009.

Net Cash Provided By Financing Activities

During the three months ended August 31, 2010, $200,000 cash
was provided through the sale of 800,000 shares at $0.25 per share.

15

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During the three months ended August 31, 2009 we did not have
any financing activities.

Working Capital

At
    
    
    AtAugust 31,
    
    
    May 31,2010
    
    
    2010Current assets
    $
    65,026
    
    $
    50,999Current liabilities
    
    (81,949
    )
    
    (85,825
    )Working capital
    $
    (16,923
    )
    $
    (34,826
    )


Unproved Mineral Property

Gate 1 Claim

On December 15, 2006 we purchased the Gate 1 Claim near Atlin,
  British Columbia, Canada, comprising an area of 376.488 hectares for $1,000.
  The Gate 1 Claim is registered in the name of a former director and pursuant
  to a trust agreement is held in trust on our behalf.

At August 31, 2010, we had spent $21,058 on exploration work
including a helicopter-supported magnetic survey on the Gate 1 Claim. On
December 15, 2008, our company registered exploration work performed on its
unproved mineral property with the Government of British Columbia, which allows
our company to retain title to the claim until February 10, 2012.

Exploration of the property did not find significant
mineralization and the claim was abandoned.

Contractual Obligations

As a smaller reporting company, we are not required to
provide tabular disclosure obligations.

Going Concern

These financial statements have been prepared on a going
concern basis, which implies our company will continue to realize its assets and
discharge its liabilities in the normal course of business. Our company has not
generated any revenues since inception and has never paid any dividends and is
unlikely to pay dividends or generate earnings in the immediate or foreseeable
future. The continuation of our company as a going concern is dependent upon the
continued financial support from its shareholders, the ability of our company to
obtain necessary equity financing to continue operations, confirmation of our
companys interests in the underlying properties, and the attainment of
profitable operations. Our companys ability to achieve and maintain
profitability and positive cash flows is dependent upon its ability to
manufacture and market the Artzer Z-Panels. Based upon current plans, our
company expects to incur operating losses in future periods. At August 31, 2010,
our company had an accumulated deficit of $513,173 since inception. These
factors raise substantial doubt regarding our companys ability to continue as a
going concern. There is no assurance that our company will be able to generate
revenues in the future. These financial statements do not give any effect to any
adjustments that would be necessary should our company be unable to continue as
a going concern and therefore be required to realize its assets and discharge
its liabilities in other than the normal course of business and at amounts
different from those reflected in the accompanying financial statements.

Off-Balance Sheet Arrangements

We have no off-balance sheet arrangements that have or are
reasonably likely to have a current or future effect on our financial condition,
changes in financial condition, revenues or expenses, results of operations,
liquidity, capital expenditures or capital resources that is material to
stockholders.

16

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Contingencies and Commitments

We had no commitments or contingencies at August 31, 2010.

Internal and External Sources of Liquidity

To date, we have funded our operations from the sale of our
common stock and from advances from an unrelated party.

Recently Adopted and Recently Issued Accounting
Standards

We do not expect the adoption of any new accounting
pronouncements to have a material impact on our financial statements.

Critical Accounting Policies

Our consolidated financial statements and accompanying notes
are prepared in accordance with generally accepted accounting principles in the
United States. Preparing financial statements requires management to make
estimates and assumptions that affect the reported amounts of assets,
liabilities, revenue, and expenses. These estimates and assumptions are affected
by management's application of accounting policies. We believe that
understanding the basis and nature of the estimates and assumptions involved
with the following aspects of our consolidated financial statements is critical
to an understanding of our financials.

Cash and Cash Equivalents

For purposes of the balance sheet and statement of cash flows,
our company considers all amounts on deposit with financial institutions and
highly liquid investments with maturities of 90 days or less to be cash
equivalents. At August 31, 2010 and May 31, 2009, our company did not have any
cash equivalents.

Financial Instruments

Concentration of Credit Risk

Financial instruments that potentially subject our company to
significant concentrations of credit risk consist principally of cash. At August
31, 2010 and May 31, 2009 our company had approximately $500 in cash that was
not insured. This cash is being held by our CFO. Our company has not experienced
any losses in cash balances and does not believe it is exposed to any
significant credit risk on its cash.

Foreign Exchange Risk

Our company is subject to foreign exchange risk for
transactions denominated in foreign currencies. Foreign currency risk arises
from the fluctuation of foreign exchange rates and the degree of volatility of
these rates relative to the United States dollar. Our company does not believe
that it has any material risk due to foreign currency exchange.

Fair Value of Financial Instruments

On June 1, 2007, our company adopted Accounting Standard 820
Fair Value Measurement and Disclosure (AS 820). AS 820 relates to
financial assets and financial liabilities. AS 820 defines fair value,
establishes a framework for measuring fair value in accounting principles
generally accepted in the United States of America (GAAP), and expands
disclosures about fair value measurements. The provisions of this standard apply
to other accounting pronouncements that require or permit fair value
measurements and are to be applied prospectively with limited exceptions. The
adoption of AS 820, as it relates to financial assets and financial liabilities,
had no impact on our companys financial statements.

17

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AS 820 defines fair value as the price that would be received
to sell an asset or paid to transfer a liability in an orderly transaction
between market participants at the measurement date. This standard is now the
single source in GAAP for the definition of fair value, except for the fair
value of leased property as defined in ASC 840. AS 820 establishes a fair value
hierarchy that distinguishes between (1) market participant assumptions
developed based on market data obtained from independent sources (observable
inputs) and (2) an entitys own assumptions about market participant assumptions
developed based on the best information available in the circumstances
(unobservable inputs). The fair value hierarchy consists of three broad levels,
which gives the highest priority to unadjusted quoted prices in active markets
for identical assets or liabilities (Level 1) and the lowest priority to
unobservable inputs (Level 3). The three levels of the fair value hierarchy
under AS 820 are described below:

|Level 1 - | Unadjusted quoted prices in active markets that are
      accessible at the measurement date for identical, unrestricted assets or
      liabilities.                                                                                                                                                                                                                                                                                                                                                                                                                                  
|--------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|Level 2 - | Inputs other than quoted prices included within Level 1
      that are observable for the asset or liability, either directly or
      indirectly, including quoted prices for similar assets or liabilities in
      active markets; quoted prices for identical or similar assets or
      liabilities in markets that are not active; inputs other than quoted
      prices that are observable for the asset or liability (e.g., interest
      rates); and inputs that are derived principally from or corroborated by
      observable market data by correlation or other means.
|          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|Level 3 - | Inputs that are both significant to the fair value
      measurement and unobservable.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 

Our companys financial instruments include cash, deposit
receivable, accounts payable, accrued administrative fees, professional fees and
advances payable. The fair value of these financial instruments approximate
their carrying values due to their short maturities.

Foreign Currency Translation

Our companys functional and reporting currency is the United
States dollar. Monetary assets and liabilities denominated in foreign currencies
are translated in accordance with Accounting Standard 830 ForeignCurrency
Matters (AS 830), using the exchange rate prevailing at the balance sheet
date. Gains and losses arising on settlement of foreign currency denominated
transactions or balances are included in the determination of income. Foreign
currency transactions are primarily undertaken in Canadian dollars. Our company
has not to the date of these financial statements, entered into derivative
instruments to offset the impact of foreign currency fluctuations.

Accounting Estimates

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

Our companys financial statements are based on a number of
estimates, including accruals for estimated administrative and professional
fees.

Comprehensive Income (Loss)

Comprehensive Income (loss) reflects changes in equity that
results from transactions and economic events from non-owner sources. At August
31, 2010 and May 31, 2010, our company has no items that represent a
comprehensive income (loss) and, therefore, has not included a schedule of
comprehensive income (loss) in the financial statements.

18

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Stock-Based Compensation

In December 2004 Accounting Standard 718, Compensation 
Stock Compensation (AS 718) was brought into effect. AS 718 eliminates the
option to use the intrinsic value method of accounting and requires recording
expense for stock compensation based on a fair value based method.

Asset Retirement Obligations

Accounting Standard 410 Asset Retirement and Environmental
Obligations (AS 410) addresses financial accounting and reporting for
obligations associated with the retirement of tangible long-lived assets and the
associated asset retirement costs. Specifically, AS 410 requires that the fair
value of a liability for an asset retirement obligation be recognized in the
period in which it is incurred if a reasonable estimate of fair value can be
made. In addition, the asset retirement cost is capitalized as part of the
assets carrying value and subsequently allocated to expense over the assets
useful life. At August 31, 2010 and May 31, 2009, our company did not have any
asset retirement obligations.

Basic and Diluted Net Loss Per Common Share (EPS)

Basic net loss per share is computed by dividing the net loss
attributable to the common stockholders by the weighted average number of common
shares outstanding during the reporting period. Diluted net income per common
share includes the potential dilution that could occur upon exercise of the
options and warrants to acquire common stock computed using the treasury stock
method which assumes that the increase in the number of shares is reduced by the
number of shares which could have been repurchased by our company with the
proceeds from the exercise of the options and warrants (which were assumed to
have been made at the average market price of the common shares during the
reporting period).

Potential common shares are excluded from the diluted loss per
share computation in net loss periods as their inclusion would be anti-dilutive.

At August 31, 2010, our company had issued 40,300,000 common
shares and had no outstanding options or warrants.

Recently Issued Accounting Standards

We do not expect the adoption of any new accounting
pronouncements to have a material impact on our financial statements.

Item 3. Quantitative Disclosures About Market Risks

As a smaller reporting company, we are not required to
provide the information required by this Item.

Item 4. Controls and Procedures.

We maintain disclosure controls and procedures that are
designed to ensure that information required to be disclosed in our reports
filed under the Securities Exchange Act of 1934, as amended, is recorded,
processed, summarized and reported within the time periods specified in the
Securities and Exchange Commission's rules and forms, and that such information
is accumulated and communicated to our management, including our president (also
our principal executive officer) and our chief financial officer (also our
principal financial officer and principal accounting officer) to allow for
timely decisions regarding required disclosure.

As of August 31, 2010, the end of our first quarter covered by
this report, we carried out an evaluation, under the supervision and with the
participation of our president (also our principal executive officer) and our
chief financial officer (also our principal financial officer and principal
accounting officer), of the effectiveness of the design and operation of our
disclosure controls and procedures. Based on the foregoing, our president (also
our principal executive officer) and our chief financial officer (also our
principal financial officer and principal accounting officer) concluded that our disclosure controls and procedures
were not effective in providing reasonable assurance in the reliability of our
reports as of the end of the period covered by this quarterly report.

19

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Changes in Internal Control over Financial
Reporting

There have been no changes in our internal controls over
financial reporting that occurred during the quarter ended August 31, 2010 that
have materially or are reasonably likely to materially affect, our internal
controls over financial reporting.

PART II - OTHER INFORMATION

Item 1. Legal Proceedings.

We know of no material, existing or pending legal proceedings
against our company, nor are we involved as a plaintiff in any material
proceeding or pending litigation. There are no proceedings in which any of our
directors, officers or affiliates, or any registered or beneficial shareholder,
is an adverse party or has a material interest adverse to our interest.

Item 1A. Risk Factors

Much of the information included in this quarterly report
includes or is based upon estimates, projections or other "forward looking
statements". Such forward looking statements include any projections or
estimates made by us and our management in connection with our business
operations. While these forward-looking statements, and any assumptions upon
which they are based, are made in good faith and reflect our current judgment
regarding the direction of our business, actual results will almost always vary,
sometimes materially, from any estimates, predictions, projections, assumptions
or other future performance suggested herein.

Such estimates, projections or other "forward looking
statements" involve various risks and uncertainties as outlined below. We
caution the reader that important factors in some cases have affected and, in
the future, could materially affect actual results and cause actual results to
differ materially from the results expressed in any such estimates, projections
or other "forward looking statements".

Our common shares are considered speculative during the
development of our new business operations. Prospective investors should
consider carefully the risk factors set out below.

Our common shares are considered speculative as our business is
still in an early growth stage of its development. Prospective investors should
consider carefully the risk factors set out below.

Because our auditors have issued a going concern opinion,
there is substantial uncertainty we will continue activities in which case you
could lose your investment.

Our auditors have issued a going concern opinion. This means
that there is substantial doubt that we can continue as an ongoing business for
the next twelve months. As such we may have to cease activities and you could
lose your investment.

We lack an operating history and have losses which we expect
to continue into the future. As a result, we may have to suspend or cease
activities.

We were incorporated on May 26, 2006 and have not realized any
revenues. We have no operating history upon which an evaluation of our future
success or failure can be made. Our net loss from inception of development stage
to August 31, 2010 is $513,173 Our ability to achieve and maintain profitability
and positive cash flow is dependent upon:

- our ability to market the Artzer Z-PanelTM
- our ability to generate revenues

20

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- our ability to control production costs of the Artzer Z-PanelTM

Based upon current plans, we expect to incur operating losses
in future periods. This will happen because there are expenses associated with
the startup of manufacturing and marketing programs. As a result, we may not
generate revenues in the future. Failure to generate revenues will cause us to
suspend or cease activities.

Trading in our common shares on the OTC Bulletin Board is
limited and sporadic making it difficult for our shareholders to sell their
shares or liquidate their investments.

Our common shares are currently listed for public trading on
the OTC Bulletin Board. The trading price of our common shares has been subject
to wide fluctuations. Trading prices of our common shares may fluctuate in
response to a number of factors, many of which will be beyond our control. The
stock market has generally experienced extreme price and volume fluctuations
that have often been unrelated or disproportionate to the operating performance
of companies with no current business operation. There can be no assurance that
trading prices and price earnings ratios previously experienced by our common
shares will be matched or maintained. These broad market and industry factors
may adversely affect the market price of our common shares, regardless of our
operating performance.

In the past, following periods of volatility in the market
price of a companys securities, securities class-action litigation has often
been instituted. Such litigation, if instituted, could result in substantial
costs for us and a diversion of managements attention and resources.

Our stock is a penny stock. Trading of our stock may be
restricted by the SECs penny stock regulations which may limit a stockholders
ability to buy and sell our stock.

Our stock is a penny stock. The Securities and Exchange
Commission has adopted Rule 15g-9 which generally defines penny stock to be
any equity security that has a market price (as defined) less than $5.00 per
share or an exercise price of less than $5.00 per share, subject to certain
exceptions. Our securities are covered by the penny stock rules, which impose
additional sales practice requirements on broker-dealers who sell to persons
other than established customers and accredited investors. The term
accredited investor refers generally to institutions with assets in excess of
$5,000,000 or individuals with a net worth in excess of $1,000,000 or annual
income exceeding $200,000 or $300,000 jointly with their spouse. The penny stock
rules require a broker-dealer, prior to a transaction in a penny stock not
otherwise exempt from the rules, to deliver a standardized risk disclosure
document in a form prepared by the SEC which provides information about penny
stocks and the nature and level of risks in the penny stock market. The
broker-dealer also must provide the customer with current bid and offer
quotations for the penny stock, the compensation of the broker-dealer and its
salesperson in the transaction and monthly account statements showing the market
value of each penny stock held in the customers account. The bid and offer
quotations, and the broker-dealer and salesperson compensation information, must
be given to the customer orally or in writing prior to effecting the transaction
and must be given to the customer in writing before or with the customers
confirmation. In addition, the penny stock rules require that prior to a
transaction in a penny stock not otherwise exempt from these rules, the
broker-dealer must make a special written determination that the penny stock is
a suitable investment for the purchaser and receive the purchasers written
agreement to the transaction. These disclosure requirements may have the effect
of reducing the level of trading activity in the secondary market for the stock
that is subject to these penny stock rules. Consequently, these penny stock
rules may affect the ability of broker-dealers to trade our securities. We
believe that the penny stock rules discourage investor interest in and limit the
marketability of our common stock.

The Financial Industry Regulatory Authority, or FINRA, has
adopted sales practice requirements which may also limit a stockholder's ability
to buy and sell our stock.

In addition to the "penny stock" rules described above, FINRA
has adopted rules that require that in recommending an investment to a customer,
a broker-dealer must have reasonable grounds for believing that the investment
is suitable for that customer. Prior to recommending speculative low priced
securities to their non-institutional customers, broker-dealers must make
reasonable efforts to obtain information about the customer's financial status,
tax status, investment objectives and other information. Under interpretations
of these rules, FINRA believes that there is a high probability that speculative
low priced securities will not be suitable for at least some customers.

21

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FINRA requirements make it more difficult for broker-dealers to
recommend that their customers buy our common stock, which may limit your
ability to buy and sell our stock and have an adverse effect on the market for
our shares.

Trends, Risks and Uncertainties

We have sought to identify what we believe to be the most
significant risks to our business, but we cannot predict whether, or to what
extent, any of such risks may be realized nor can we guarantee that we have
identified all possible risks that might arise. Investors should carefully
consider all of such risk factors before making an investment decision with
respect to our common stock.

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

None.

Item 3. Defaults Upon Senior Securities.

None.

Item 4. [Removed and Reserved]

Item 5. Other Information

None.

Item 6. Exhibits.

Exhibits required by Item 601 of Regulation S-K

|Exhibit | Description                                                                                                                                                                                                                 
|------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|        |                                                                                                                                                                                                                             
|(3)     | Articles of Incorporation and Bylaws                                                                                                                                                                                        
|        |                                                                                                                                                                                                                             
|3.1     | Articles of Incorporation (incorporated by reference to
      our registration statement on Form SB-2 filed on August 16, 2007).                                                                                            
|        |                                                                                                                                                                                                                             
|3.2     | By-Laws (incorporated by reference to our registration
      statement on Form SB-2 filed on August 16, 2007).                                                                                                              
|        |                                                                                                                                                                                                                             
|3.3     | Articles of Merger (incorporated by reference from our
      Current Report on Form 8-K filed on August 3, 2010).                                                                                                           
|        |                                                                                                                                                                                                                             
|(10)    | Material Contracts                                                                                                                                                                                                          
|        |                                                                                                                                                                                                                             
|10.1    | Property agreement dated December 15, 2006 between
      Kenneth Ralfs and Feliberto Gurat as Trustee for Forza (incorporated by
      reference to our registration statement on Form SB-2 filed on August 16,
      2007).
|        |                                                                                                                                                                                                                             
|10.2    | Trust agreement dated January 17, 2007 (incorporated by
      reference to our registration statement on Form SB-2 filed on August 16,
      2007).                                                                         
|        |                                                                                                                                                                                                                             
|10.3    | Executive Employment Agreement dated May 1, 2010 between
      Paul J. Artzer (incorporated by reference from our Current Report on Form
      8-K filed on June 24, 2010).                                                 
|        |                                                                                                                                                                                                                             
|10.4    | Agreement and Plan of Merger dated July 12, 2010.
      (incorporated by reference from our Annual Report on Form 10-K filed on
      September 14, 2010)                                                                   

22

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|Exhibit | Description                                                                                                                                                                       
|------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|        |                                                                                                                                                                                   
|10.5    | Letter of Intent
        with MALAMA Composites, LLC, dated September 15, 2010 (incorporated by
        reference from our Current Report on Form 8-K filed on September 17, 2010)
|        |                                                                                                                                                                                   
|(14)    | Code of Ethics                                                                                                                                                                    
|        |                                                                                                                                                                                   
|14      | Financial Code
        of Ethics (incorporated by reference to our registration statement on
        Form SB-2 filed on August 16, 2007).                                         
|        |                                                                                                                                                                                   
|(31)    | Section 302
        Certifications                                                                                                                                                
|        |                                                                                                                                                                                   
|31.1*   | Certification
        pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 Charles Thompson
        Slay.                                                                    
|        |                                                                                                                                                                                   
|31.2*   | Certification
        pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of Michael Lee.                                                                                   
|        |                                                                                                                                                                                   
|(32)    | Section 906
        Certification                                                                                                                                                 
|        |                                                                                                                                                                                   
|32.1*   | Certification
        pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906
        of the Sarbanes-Oxley Act of 2002 of Charles Thompson Slay.                  
|        |                                                                                                                                                                                   
|32.2*   | Certification
        pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906
        of the Sarbanes-Oxley Act of 2002 Michael Lee.                               

* Filed herewith

23

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SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly authorized.

|                        | FORZA ENVIRONMENTAL BUILDING PRODUCTS, INC.                         
|----------------------- | --------------------------------------------------------------------
|                        | (Registrant)                                                        
|                        |                                                                     
|Dated: October 19, 2010 | /s/Charles Thompson Slay                                            
|                        | Charles Thompson Slay                                               
|                        | President, Secretary and director                                   
|                        | (Principal Executive Officer)                                       
|                        |                                                                     
|Dated: October 19, 2010 | /s/Michael Lee                                                      
|                        | Michael Lee                                                         
|                        | Chief Financial Officer                                             
|                        | (Principal Financial Officer and Principal
      Accounting Officer)

24

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