**U.S.
      SECURITIES AND EXCHANGE COMMISSION**


Washington,
      D.C. 20549




**Form
      10-QSB/A**




(Mark
      One)


[x]
      Quarterly Report under Section 13 or 15(d) of the Securities


Exchange
      Act of 1934


For
      the
      quarterly period ended September 30, 2007





[
      ]
      Transition Report under Section 13 or 15(d)of the Exchange Act For
      the


Transition
      Period from ________ to ___________








ADRENALINA
                formerly
                  known as Basic Services, Inc.(Name
                  of Small Business Issuer in its
                  Charter)




Nevada
            
            000-52675
            
            20-8837626(State
                or other jurisdiction
              of
                incorporation)
            
            (Commission
              File
                Number)
            
            (IRS
                Employer
              Identification
                No.)




**20855
      NE 16 Avenue, Suite #C-16**


**Miami,
      Florida 33179**





(Address
      of principal executive offices)


**(305)
      770-4488**


(Issuer's
      telephone number)







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




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




**APPLICABLE
      ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE
      YEARS:**




Check
      whether the registrant filed all documents and reports required to be filed
      by
      Section 12, 13 or 15(d) of the Exchange Act after the distribution of securities
      under a plan confirmed by a court. [ ] Yes [ ] No [X] N/A




**APPLICABLE
      ONLY TO CORPORATE ISSUERS**




State
      the
      number of shares outstanding of each of the issuer's classes of common equity,
      as of the latest practicable date:




As
      of
      June 2, 2008, the registrant's outstanding common stock consisted of 10,873,750
      shares, $0.001 par value. Authorized - 70,000,000 common voting shares. No
      preferred shares issued, 5,000,000 authorized.




Transitional
      Small Business Disclosure Format (Check one): Yes [ ] No [X]








**PART
      I. FINANCIAL INFORMATION**


Item
                  1.
              Financial
                  Statements
              3Balance
                  Sheets
              3Statements
                  of Operations (unaudited)
              4Statement
                  of Stockholders’ Equity (unaudited)
              5Statement
                  of Cash Flows (unaudited)
              6Notes
                  to Financial Statements
              7Item
                  2.
              Management’s
                  Discussion and Analysisof
                  Plan of Operation
              11Item
                  3.
              Controls
                  and Procedures
              14




**PART
      II. OTHER INFORMATION**


Item
                  1.
              Legal
                  Proceedings
              15Item
                  2.
              Changes
                  in Securities and Use of Proceeds
              15Item
                  3.
              Defaults
                  upon Senior Securities
              15Item
                  4.
              Submission
                  of Matters to a Voteof
                  Security Holders
              15Item
                  5.
              Other
                  Information
              15Item
                  6.
              Exhibits
                  and Reports on Form 8-K
              15Signatures
              
              16
 2
  PART
      I.
      FINANCIAL INFORMATION




ITEM
      1.
      FINANCIAL STATEMENTS


Basic
      Services, Inc.


(A
      Development Stage Company)


Condensed
      Balance Sheets


As
      of
      September 30, 2007 and April 30, 2007


September
                  30,
              
              April
                  30,2007
              
              2007(Unaudited)AssetsCurrent
                  assets:Cash
                  and equivalents
              
              $
              1
              
              $
              1Total
                  current assets
              
              
              1
              
              
              1Total
                  assets
              
              $
              1
              
              $
              1Liabilities
                  and Stockholders' EquityStockholders'
                  equity:Common
                  stock, $0.001 par value, 70,000,000shares
                  authorized, 10,873,750, issued andoutstanding
              
              
              10,873
              
              
              10,873Subscription
                  note receivable
              
              
              (8,695
              )
              
              (10,547
              )Deficit
                  accumulated during developmentstage
              
              
              (2,177
              )
              
              (325
              )Total
                  stockholders’ equity
              
              
              1
              
              
              1Total
                  liabilities and stockholders’ equity
              
              $
              1
              
              $
              1




See
      accompanying notes to the condensed financial statements.




3




Basic
        Services, Inc.
 (A
        Development Stage Company)
 Condensed
        Statements of Operations
  For
        the two and five months ended September 30, 2007
        and




For
      the
      period March 28, 2007 (Inception) to September 30, 2007




(Unaudited)




For
                the two
            
            For
                the five
            
            March
                28, 2007months
                ended
            
            months
                ended
            
            (inception)
                toSeptember
                30,
            
            September
                30
            
            September
                30,2007
            
            2007
            
            2007Revenue
            
            $
            -
            
            $
            -
            
            
            -Expenses:Organizational
                Costs
            
            
            -
            
            
            -
            
            
            325General
                & Administrative
            
            
            -
            
            
            1,852
            
            
            1,852Total
                expenses
            
            
            -
            
            
            1,852
            
            
            2,177Net
                loss
            
            $
            -
            
            $
            (1,852
            )
            
            (2,177
            )Weighted
                average number ofcommon
                shares outstanding
            
            
            10,873,750
            
            
            10,873,750
            
            
            10,873,000Net
                loss per share
            
            $
            (0.00
            )
            $
            (0.00
            )
            $
            (0.00
            )




See
      accompanying notes to the condensed financial statements.




4




Basic
      Services, Inc.


(A
          Development Stage Company)
 Statement
          of Stockholders' Equity
 For
        the
        period from March 28, 2007 (Inception) to September 30, 2007
  (Unaudited)


Deficit
                  AccumulatedCommon
                  Stock
              
              Subscription
              
              During
                  theShares
              
              Amount
              
              Receivable
              
              Development
                  Stage
              
              Stockholders’
                  EquityMarch
                  28, 2007 - Issuance ofCommon
                  Stock
              
              10,873,000
              
              $
              10,873
              
              $
              (10,873
              )
              $
              -
              
              $
              -August
                  13, 2007 - Stock Dividend1-for-1
                  stock split
              
              10,873,000
              
              
              10,873
              
              
              -
              
              
              (10,873
              )
              
              -August
                  13, 2007 - Spin off ofsubsidiary
                  Generic MarketingServices,
                  Inc.
              
              (10,873,000
              )
              
              (10,873
              )
              
              -
              
              
              10,873
              
              
              -Repayment
                  of Subscription note
              
              -
              
              
              -
              
              
              2,178
              
              
              -
              
              
              2,178Net
                  Loss
              
              -
              
              
              -
              
              
              -
              
              
              (2,177
              )
              
              (2,177
              )Balance
                  - September 30, 2007
              
              10,873,000
              
              $
              10,873
              
              $
              (8,695
              )
              $
              (2,177
              )
              $
              1




See
        accompanying notes to the condensed financial
        statements.




5






Basic
      Services, Inc.


(A
      Development Stage Company)


Statement
      of Cash Flow


For
        the
        five months ended September 30, 2007 and for the period from March 28, 2007
        (Inception) to September 30, 2007
  (Unaudited)





For
                the five
            
            March
                28, 2007months
                ended
            
            (inception)
                toSeptember
                30,
            
            September
                30,2007
            
            2007Cash
                flows from operating activities:Net
                loss
            
            $
            (1,852
            )
            $
            (2,177
            )Adjustments
                to reconcile netloss
                to net cash used byoperating
                activities
            
            
            -
            
            
            -Net
                cash used by operating activities
            
            
            (1,852
            )
            
            (2,177
            )Cash
                flows from operating activities:Repayment
                of subscription note
            
            
            1,852
            
            
            2,178Net
                cash provided by financing activities
            
            
            1,852
            
            
            2,178Net
                increase in cash
            
            
            -
            
            
            1Cash
                - beginning
            
            
            1
            
            
            -Cash
                - ending
            
            $
            1
            
            
            1Supplemental
                disclosures of non-cash items:Issuance
                of common stock
            
            $
            -
            
            $
            10,873Issuance
                of subscription notefor
                common stock
            
            $
            -
            
            $
            10,873




See
      accompanying notes to the condensed financial
      statements.




6






**Basic
        Services, Inc.**
 **(a
        development stage company)**


**Condensed
      Notes** **to the Financial Statements**




**Note
      1 - Description of Business, Basis of Presentation and Summary of Significant
      Accounting Policies**




**Description
      of Business**




The
      accompanying condensed financial statements for the two months and five months
      ended September 30, 2007, are unaudited except for the balance sheet information
      at April 30, 2007, which is derived from the audited financial statements filed
      on May 9, 2007 in the Company’s SB-2 registration statement for the period ended
      April 30, 2007. These statements have been prepared in accordance with generally
      accepted accounting principles in the United States of America (“GAAP”) for
      interim financial information and with the instructions to Form 10-Q and Article
      10 of Regulation S-X. Accordingly, they do not include all of the information
      and footnotes required by GAAP for complete financial statements. In the opinion
      of management, all adjustments (consisting of normal recurring accruals)
      considered necessary for a fair presentation have been included. These financial
      statements should be read in conjunction with the financial statements included
      in the Company’s SB-2 registration statement for the year ended April 30, 2007.




Basic
      Services, Inc. (“BSI”), a Nevada corporation, was organized March 28, 2007 (Date
      of Inception) and incorporated as a subsidiary of Eaton Laboratories, Inc.,
      ("Eaton"), also a Nevada corporation. On March 30, 2007, BSI's parent
      corporation, Eaton entered into an Acquisition Agreement and Plan of Merger
      ("Agreement") with Hydrogen Hybrid Technologies, Inc. ("HHT"), a privately-held
      Canadian corporation. Pursuant to the terms of the Agreement, HHT acquired
      Eaton, and Eaton agreed to spin off its wholly-owned subsidiary, Basic Services,
      Inc. On April 30, 2007, the record shareholders of Eaton received one
      unregistered, par value $0.001, share of Basic Services, Inc. common stock
      for
      every share of Eaton Laboratories common stock owned. The Basic Services, Inc.
      stock dividend was based on 10,873,750 shares of Eaton common stock that were
      issued and outstanding as of the record date. The spin off did not include
      any
      stock issued to the shareholders of Hydrogen Hybrid Technologies, Inc., who
      received Eaton shares pursuant to the Agreement with Eaton. Eaton retained
      no
      ownership in BSI following the spin off. Further, BSI was no longer a subsidiary
      of Eaton.




On
      August
      13, 2007, the Company formed and spun-off a wholly-owned subsidiary, Generic
      Marketing Services, Inc. a Nevada corporation to its shareholders of record,
      in
      a one-for-one special stock dividend. Following the spin-off, the Company did
      not retain any ownership in Generic Marketing Services, Inc.




On
      September 30, 2007 the Company changed its year-end to December 31 from April
      30. As such the corresponding unaudited financial statements are based on a
      two
      month interim period.




*Earnings
      per share*




The
      Company computed basic and diluted loss per common share by dividing the losses
      applicable to common stock by the weighted average number of basic and diluted
      common shares outstanding. The Company’s basic and fully diluted EPS calculation
      for the two months and five months ended September 30, 2007, respectively are
      the same since the Company did not have any dilutive common stock equivalents
      in
      each of the periods shown.




*Reclassifications*





Certain
      amounts from prior financial statements and related notes have been reclassified
      to conform to the current period presentation.




7


**Basic
      Services, Inc.**


**(a
      development stage company)**


**Condensed
      Notes to the Financial Statements - continued**




**Note
      2 - Going concern**




These
      financial statements have been prepared in accordance with generally accepted
      accounting principles applicable to a going concern which contemplates the
      realization of assets and the satisfaction of liabilities and commitments in
      the
      normal course of business. As at September, 2007, the Company has recognized
      no
      revenues and has accumulated operating losses of approximately $2,177 since
      inception. The Company's ability to continue as a going concern is contingent
      upon the successful completion of additional financing arrangements and its
      ability to achieve and maintain profitable operations. Management is currently
      evaluating other sources to raise equity capital and finance the operating
      and
      capital requirements of the Company. While the Company is expending its best
      efforts to achieve the above plans, there is no assurance that any such activity
      will generate funds that will be available for operations.




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




**Note
      3 - Shareholders Equity**





On
      March
      28, 2007, the company issued a $10,873, non-interest bearing, demand note to
      its
      shareholders related to the issuance of their common shares. During the period
      ended September 30, 2007, $2,178 of this note was repaid.





On
      August
      13, 2007, the Company formed and spun-off our wholly-owned subsidiary, Generic
      Marketing Services, Inc. to its shareholders of record, in a one-for-one special
      stock dividend. As of the date of the spin-off, Generic Marketing Services,
      Inc.
      did not have any assets, liabilities or operations. Additionally, the Company
      did not retain any ownership in Generic Marketing Services, Inc.




**Note
      4 - Subsequent Events**





*Business
      Combination*





On
      October 26, 2007, BSI and a newly formed subsidiary of BSI ("Merger Sub") and
      Adrenalina entered into an Acquisition Agreement and Plan of Merger
      ("Acquisition") pursuant to which BSI, through its wholly-owned subsidiary,
      Merger Sub, acquired 100% of the membership interests in Adrenalina in exchange
      for 18,000,000 shares of the BSI common stock which were issued to the owners
      of
      the membership interests in Adrenalina. Immediately after the Acquisition was
      consummated and further to the Acquisition Agreement, the four largest
      shareholders of BSI cancelled 9,773,750 shares of the BSI Common Stock held
      by
      them. Immediately prior to the Acquisition, BSI was a reporting corporation
      with
      limited activity.





For
      accounting purposes, this transaction was accounted for as a reverse
      acquisition, since the stockholders of Adrenalina own a majority of the issued
      and outstanding shares of common stock of BSI and the directors and executive
      officers of Adrenalina became the directors and executive officers of BSI.
      Immediately prior to the acquisition the Company distributed of all the assets
      and liabilities of the pharmaceutical operations to its shareholders, which
      had
      no carrying value.





The
      following tables summarize the (unaudited) pro forma consolidated balance sheet
      and statement of operations of BSI and LQD Adrenalina LLC assumes the merger
      with LQD Adrenalina occurred on January 1, 2007.





The
      Company will include the results of operations of LQD Adrenalina, LLC in their
      10-KSB for the year ended December 31, 2007.




8


**Basic
      Services, Inc.**


**(a
      development stage company)**


**Condensed
      Notes to the Financial Statements - continued**





**Note
      4 - Subsequent Events - continued**





Basic
      Services, Inc. (BICV) Pro Forma Combined Balance Sheet as of September 30,
      2007




Pro
                  Forma
              
              Pro
                  FormaBICV
              
              ADRE
              
              Adjustments
              
              CombinedAssetsCurrent
                  assetsCash
                  and cash equivalents
              
              $
              1
              
              $
              6,427
              
              
              (1)
              (A)
              $
              6,427Accounts
                  receivable, net
              
              
              —
              
              
              19,258
              
              
              —
              
              
              19,258Inventory
                  and film costs, net
              
              
              —
              
              
              1,338,225
              
              
              —
              
              
              1,338,225Notes
                  receivable - related party
              
              
              —
              
              
              728,518
              
              
              —
              
              
              728,518Other
                  assets
              
              
              —
              
              
              1,384,354
              
              
              —
              
              
              1,384,354Total
                  current assets
              
              
              1
              
              
              3,476,782
              
              
              
              
              
              3,476,782Non-current
                  film costs, net
              
              
              —
              
              
              932,545
              
              
              —
              
              
              932,545Property
                  & equipment, net
              
              
              —
              
              
              2,971,423
              
              
              —
              
              
              2,971,423Intangible
                  assets, net
              
              
              —
              
              
              250,444
              
              
              —
              
              
              250,444Total
                  Assets
              
              $
              1
              
              $
              7,631,194
              
              
              (1
              )
              $
              7,631,194Liabilities
                  and Stockholders EquityCurrent
                  liabilitiesAccounts
                  payable andaccrued
                  liabilities
              
              $
              —
              
              $
              981,355
              
              
              —
              
              $
              981,355Current
                  portion - related party notes
              
              
              —
              
              
              4,177,257
              
              
              —
              
              
              4,177,257Total
                  current liabilities
              
              
              —
              
              
              5,158,612
              
              
              
              
              
              5,158,612Total
                  Liabilities
              
              
              —
              
              
              5,158,612
              
              
              —
              
              
              5,158,612Stockholders’
                  EquityCommon
                  stock
              
              $
              2,178
              
              $
              —
              
              
              17,275(A)
              (B)
              
              19,453Additional
                  paid in capital
              
              
              —
              
              
              —
              
              
              8,959,364(A)
              (B)
              
              8,959,364Membership
                  interest
              
              
              —
              
              
              8,978,817
              
              
              (8,978,817)
              (B)
              
              —Accumulated
                  deficit
              
              
              (2,177
              )
              
              (6,506,235
              )
              
              2,177
              (A)
              
              (6,506,235
              )Total
                  Stockholders’ Equity
              
              
              1
              
              
              2,472,582
              
              
              (1)
              (A)
              
              2,472,582Total
                  Liabilities and Stockholders’ Equity
              
              $
              1
              
              $
              7,631,194
              
              
              (1
              )
              $
              7,631,194








(A)
            This
                Pro Forma adjustment is comprised of a recasting of the remaining
                amount
                due of $8,695 for the common stock issued to the shareholders of
                Basic
                Services, Inc., the subsequent cancellation of 9,773,750 shares of
                common
                stock and the distribution of the remaining assets of Basic Services,
                Inc., on the date of the reverse
                merger.





(B)
            This
                Pro Forma adjustment to stockholders’ equity is comprised of the issuance
                of 18,000,000 shares of common stock to the existing members of LQD
                Adrenalina, LLC in exchange for their membership interest in LQD
                Adrenalina, LLC; the issuance of 353,000 shares of common stock to
                Gilford
                Securities and the recapitalization of the remaining membership interest
                in LQD Adrenalina, LLC to additional paid in
                capital.





9


**Basic
      Services, Inc.**


**(a
      development stage company)**


**Condensed
      Notes to the Financial Statements - continued**





**Note
      4 - Subsequent Events - continued**




Basic
      Services, Inc. (BICV) Pro Forma Combined Statements of Operations for the Nine
      Months Ended September 30, 2007




Pro
                    Forma
                
                Pro
                    FormaBICV
                
                ADRE
                
                Adjustments
                
                CombinedTotal
                    revenues
                
                $
                —
                
                $
                2,481,838
                
                
                —
                
                $
                2,481,838Costs
                    of revenues
                
                
                —
                
                
                1,795,601
                
                
                —
                
                
                1,795,601Gross
                    margin
                
                
                —
                
                
                686,237
                
                
                —
                
                
                686,237Operating
                    expensesSelling,
                    general and administrative
                
                
                2,177
                
                
                3,437,933
                
                
                (2,177)(A
                )
                
                3,437,933Depreciation
                    and amortization
                
                
                —
                
                
                734,692
                
                
                —
                
                
                734,692Total
                    operating expenses
                
                
                2,177
                
                
                4,172,625
                
                
                (2,177
                )
                
                4,172,625Net
                    Loss
                
                $
                2,177
                
                $
                3,486,388
                
                
                (2,177
                )
                
                3,486,388Loss
                    Per Common ShareBasic
                
                $
                (0.00
                )
                $
                —
                
                
                
                
                $
                (0.18
                )Diluted
                
                $
                (0.00
                )
                $
                —
                
                
                
                
                $
                (0.18
                )Weighted
                    Average Shares OutstandingBasic
                
                
                10,873,750
                
                
                —
                
                
                8,579,250(A)
                (B)
                
                19,453,000Diluted
                
                
                10,873,750
                
                
                —
                
                
                8,579,250(A)
                (B)
                
                19,453,000


(A)
            Represents
                the inception to date losses of Basic Services, Inc., prior to the
                reverse
                merger. These losses were funded by the existing shareholders of
                Basic
                Services, Inc. at the date of the merger and subsequent cancellation
                of
                9,773,750 of the Company’s common
                stock.





(B)
            This
                Pro Forma adjustment to stockholders’ equity is comprised of the issuance
                of 18,000,000 shares of common stock to the existing members of LQD
                Adrenalina, LLC in exchange for their membership interest in LQD
                Adrenalina, LLC; the issuance of 353,000 shares of common stock to
                Gilford
                Securities and the recapitalization of the remaining membership interest
                in LQD Adrenalina, LLC to additional paid in
                capital.





10


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




**Cautionary
      Note about Forward-Looking Statements**




**Forward-Looking
      Statements**





We
      caution that any forward-looking statements (as such term is defined in the
      Private Securities Litigation Reform Act of 1995) contained in this Quarterly
      Report on Form 10-QSB or made by our management involve risks and uncertainties
      and are subject to change based on various important factors, many of which
      may
      be beyond our control. Accordingly, our future performance and financial results
      may differ materially from those expressed or implied in any such
      forward-looking statements. Accordingly, investors should not place undue
      reliance on forward-looking statements as a prediction of actual results. You
      can identify these statements as those that may predict, forecast, indicate
      or
      imply future results, performance or advancements and by forward-looking words
      such as *“believe,”
      “anticipate,” “expect,” “estimate,” “predict,” “intend,” “plan,” “project,”
“will,” “will be,” “will continue,” “will result,” “could,” “may,” “might”* or
      any
      variations of such words or other words with similar meanings. Forward-looking
      statements address, among other things, our expectations, our growth strategies,
      including our plans to open new stores, our efforts to increase our gross
      margins and create a return on invested capital, plans to grow our private
      label
      business, projections of our future profitability, results of operations,
      capital expenditures or our financial condition or other “forward-looking”
information and includes statements about revenues, earnings, spending, margins,
      liquidity, store openings and operations, inventory, private label products,
      our
      actions, plans or strategies. We are including this cautionary statement in
      this
      report to make applicable and take advantage of the safe harbor provisions
      of
      the Private Securities Litigation Reform Act of 1995 for any forward-looking
      statements made by, or on behalf, of us.





The
      following factors, among others, in some cases have affected and in the future
      could affect our financial performance and actual results and could cause actual
      results for fiscal 2007 and beyond to differ materially from those expressed
      or
      implied in any forward-looking statements included in this report or otherwise
      made by our management: our ability to access adequate capital; the potential
      impact of natural disasters or national and international security concerns
      on
      us; risks related to the economic impact or the effect on the U.S. relating
      to
      instability and conflict in the Middle East or elsewhere; risks relating to
      the
      implementation of new management information systems; factors associated with
      our pursuit of strategic acquisitions; risks and uncertainties associated with
      assimilating acquired companies; risks associated with the loss of our key
      executives, changes in general economic and business conditions and in the
      specialty retail or sporting goods industry in particular; our ability to repay
      or make the cash payments under our senior convertible notes; changes in our
      business strategies; any factor described under Part II-Item 1A Risk
      Factors in our Form 10-QSB filings and other factors discussed in other reports
      or filings filed by us with the Securities and Exchange Commission.





In
      addition, we operate in a rapidly changing environment; therefore, new risk
      factors can arise, and it is not possible for management to predict all such
      risk factors, nor to assess the impact of all such risk factors on our business
      or the extent to which any individual risk factor, or combination of factors,
      may cause results to differ materially from those contained in any
      forward-looking statement. We do not assume any obligation and do not intend
      to
      update any forward-looking statements except as may be required by securities
      laws.




11




**Overview**




We
      were
      organized on March 28, 2007 (Date of Inception) under the laws of the State
      of
      Nevada, as Basic Services, Inc. a wholly owned subsidiary of Eaton Laboratories,
      Inc., ("Eaton"), a Nevada corporation.




On
      March
      30, 2007, Eaton entered into an Acquisition Agreement and Plan of Merger with
      Hydrogen Hybrid Technologies, Inc. ("HHT"), a privately-held Canadian
      corporation. Pursuant to the terms of the Agreement, HHT acquired Eaton, and
      Eaton agreed to spin off its wholly-owned subsidiary, Basic Services,
      Inc.




At
      the
      date of the spin-off, Eaton retained no ownership in Basic Services, Inc.
      Further, we are no longer a subsidiary of Eaton. At the time of spin off, all
      of
      the assets and liabilities of the pharmaceutical operations of Eaton
      Laboratories were transferred into Basic Services, Inc.





On
      August
      13, 2007, we formed and spun-off our wholly-owned subsidiary, Generic Marketing
      Services, Inc. to our shareholders of record, in a one-for-one special stock
      dividend. As of the date of the spin-off, Generic Marketing Services, Inc.
      did
      not have any assets, liabilities or operations. Additionally, we did not retain
      any ownership in Generic Marketing Services, Inc.




**Business
      of Registrant**




Basic
      Services is a developmental stage company which held certain pharmaceutical
      operations and patents until October 26, 2007 when it distributed these rights
      to its shareholders. Concurrent with this distribution we entered into an
      agreement with LQD Adrenalina, LLC whereas we would issue 18,000,000 shares
      of
      our common stock for a 100% interest in LQD Adrenalina, LLC’s operations.




LQD
      Adrenalina, LLC operates a retail entertainment, media and publishing company
      that is focused on the nature and wellness lifestyle surrounding outdoor,
      adventure and extreme sports. LQD Adrenalina, LLC operates one store that opened
      during 2006 and has plans to open a second store in the current year and expand
      five to seven new stores during 2008.





Based
      on
      this change in our operations our new business strategy will be to provide
      our
      retail customers with an extensive selection of high quality, brand name
      merchandise at competitive prices with a high level of customer service.




Basic
      has
      experienced operating losses, of $2,177 since inception on March 28, 2007
      through the period ended September, 2007. These financial statements have been
      prepared assuming that we will continue to operate as a going concern which
      contemplates the realization of assets and the settlement of liabilities in
      the
      normal course of business. No adjustment has been made to the recorded amount
      of
      assets or the recorded amount or classification of liabilities which would
      be
      required if the Company were unable to continue its operations.




**Estimates**




The
      discussion and analysis of our financial condition and results of operations
      are
      based upon our condensed financial statements, which have been prepared by
      us in
      accordance with accounting principles generally accepted in the United States
      of
      America. The presentation of these financial statements requires us to make
      estimates and judgments that affect the reported amounts of assets, liabilities,
      revenue and expenses, and disclosure of contingent assets and liabilities.
      Our
      estimates include those related to revenue recognition, the valuation of
      deferred tax assets and liabilities, and contingent liabilities. We base our
      estimates on historical experience and on various other assumptions that we
      believe to be reasonable under the circumstances.




12


**General**





**Accounting
      Items**





**Results
      of Operations**




During
      the five month period ended September, 2007, we have not generated any revenues
      and incurred a net loss of $1,852. These expenses represented general and
      administrative expenses. Since our inception, on March 28, 2007, we have not
      generated any revenues and incurred a net lost $2,177. Currently our Management
      is paying current expenses as a reduction in their subscription note. Our
      Management plans to continue repaying their note to the Company or additionally
      fund operations over the next twelve months.




**Plan
      of Operation**




Management
      does not believe that the Company will be able to generate any significant
      profit during the coming year. Management additionally believes developmental
      and marketing costs will exceed any anticipated revenues for the coming
      year.




As
      of
      September 30, 2007 we considered ourselves a developmental stage company which
      held certain pharmaceutical operations and patents. On October 26, 2007 we
      distributed all of our pharmaceutical operations to our shareholders. Concurrent
      with this distribution we entered into an agreement with LQD Adrenalina, LLC
      where we issued 18,000,000 shares of our common stock for a 100% interest in
      LQD
      Adrenalina, LLC’s operations.




LQD
      Adrenalina, LLC operates a retail entertainment, media and publishing company
      that is focused on the nature and wellness lifestyle surrounding outdoor,
      adventure and extreme sports. Currently, LQD Adrenalina, LLC operates one store
      that opened during 2006 and has plans to open a second store in the current
      year
      and expand five to seven new stores during 2008.




Based
      on
      our operating history and the current period losses for LQD Adrenalina, LLC
      we
      do not believe that we can sustain ourselves for the next twelve months without
      additional debt or financing. The operations of our Company, and the operations
      of LQD Adrenalina, LLC have historically been funded through related party
      borrowings. Management’s current plans to generate cash flow include expanding
      the Company’s operations through raising additional capital through debt or
      equity offerings in an effort to fund the Company’s anticipated expansion. There
      is no assurance additional capital or debt financing will be available to the
      Company on acceptable terms. The financial statements do not include any
      adjustments that might result from the outcome of this
      uncertainty.




**Liquidity
      and Capital Resources**




As
      of
      September, 2007, the Company has 10,873,750 shares of common stock issued and
      outstanding.




Our
      Company has limited financial resources available, which has had an adverse
      impact on the Company's liquidity, activities and operations. These limitations
      have adversely affected the Company's ability to obtain certain projects and
      pursue additional business. Without realization of additional capital, it would
      be unlikely for the Company to continue as a going concern. In order for the
      Company to remain a Going Concern it will need to find additional capital.
      Additional working capital may be sought through additional debt or equity
      private placements, additional notes payable to banks or related parties
      (officers, directors or stockholders), or from other available funding sources
      at market rates of interest, or a combination of these. The ability to raise
      necessary financing will depend on many factors, including the nature and
      prospects of any business to be acquired and the economic and market conditions
      prevailing at the time financing is sought. No assurances can be given that
      any
      necessary financing can be obtained on terms favorable to the Company, or at
      all.




As
      a
      result of our Company's current limited available cash, no officer or director
      received compensation through the year-end ended April 30, 2007 and through
      the
      five months ending September, 2007. Additionally, our officers or directors
      did
      not receive stock options or other non-cash compensation since the Company's
      inception through September, 2007. The Company has no employment agreements
      in
      place with its officers. Nor does the Company owe its officers any accrued
      compensation.




13


**Market
      Information**




Basic
      Services, Inc. common stock is traded on the OTC-Bulletin Board under the symbol
      "BICV." To date, there has been no market for the BICV shares.




(a)
      There
      is currently no Common Stock which is subject to outstanding options or warrants
      to purchase, or securities convertible into, the Company's common
      stock.




(b)
      The
      Company did not repurchase any of its shares during the fiscal year covered
      by
      this report.




**Dividends**





Holders
      of common stock are entitled to receive such dividends as the board of directors
      may from time to time declare out of funds legally available for the payment
      of
      dividends. On August 13, 2007, we formed and spun-off our wholly-owned
      subsidiary, Generic Marketing Services, Inc. a Nevada corporation to its
      shareholders of record, in a one-for-one special stock dividend. Following
      the
      spin-off, we did not retain any ownership in Generic Marketing Services, Inc.




**Item
      3. Controls and Procedures**




As
      of the
      end of the period covered by this report, the Company conducted an evaluation,
      under the supervision and with the participation of the principal executive
      officer and principal financial officer, of the Company's disclosure controls
      and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities
      Exchange Act of 1934 (the "Exchange Act")). Based on this evaluation, the
      principal executive officer and principal financial officer concluded that
      the
      Company's disclosure controls and procedures are effective to ensure that
      information required to be disclosed by the Company in reports that it files
      or
      submits under the Exchange Act is recorded, processed, summarized and reported
      within the time periods specified in Securities and Exchange Commission rules
      and forms. There was no change in the Company's internal control over financial
      reporting during the Company's most recently completed fiscal quarter that
      has
      materially affected, or is reasonably likely to materially affect, the Company's
      internal control over financial reporting.




There
      were no significant changes in internal controls or in other factors that could
      be reasonably likely to materially affect internal controls, including any
      corrective actions with regard to significant deficiencies and material
      weaknesses in internal controls, during the period covered by this report.




Our
      management, including our Chief Executive Officer and Chief Financial Officer,
      does not expect that our disclosure controls and procedures or our internal
      controls will prevent all errors and all fraud. A control system, no matter
      how
      well conceived and operated, can provide only reasonable, not absolute,
      assurance that the objectives of the control system are met. Further, the design
      of a controls system must reflect the fact that there are resource constraints,
      and the benefits of controls must be considered relative to their costs. Because
      of the inherent limitations in all control systems, no evaluation of controls
      can provide absolute assurance that all control issues and instances of fraud,
      if any, within the Company have been detected.




These
      inherent limitations include the realities that judgments in decision-making
      can
      be faulty and that breakdowns can occur because of simple error or mistake.
      Controls can also be circumvented by the individual acts of some persons, by
      collusion of two or more people, or by management override of the controls.
      The
      design of any system of controls is based in part on certain assumptions about
      the likelihood of future events, and there can be no assurance that any design
      will succeed in achieving its stated goals under all potential future
      conditions. Projections of any evaluation of controls effectiveness to future
      periods are subject to risks. Over time, controls may become inadequate because
      of changes in conditions or deterioration in the degree of compliance with
      policies or procedures.




14




**PART
      II OTHER INFORMATION**




**ITEM
      1. Legal Proceedings**




The
      Company is not a party to any legal proceedings.





**ITEM
      1A. Risk Factors**




In
      addition to the other information set forth in this report, you should carefully
      consider the factors discussed in Part I, “Item 1A. Risk Factors” in
      our SB-2 registration statement for the year ended April 30, 2007, as filed
      with
      the Securities and Exchange Commission on May 9, 2007, which could materially
      affect our business, financial condition, financial results or future
      performance. Reference is made to “Item 2. Management’s Discussion and
      Analysis of Financial Condition and Results of Operations — Forward-Looking
      Statements” of this report which is incorporated herein by
      reference.




**ITEM
      2. Changes in Securities and Use of Proceeds**




None.




**ITEM
      3. Defaults upon Senior Securities**




None.




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




None.




**ITEM
      5. Other Information**




On
      August
      13, 2007, record shareholders of Basic Services common stock were entitled
      to
      receive a special stock dividend of Generic Marketing Services, Inc., a Nevada
      corporation, a wholly owned subsidiary of Basic Services, Inc. This subsidiary
      was formed to focus on marketing pharmaceutical and over-the-counter products,
      as compared to developing products. This spin off will allow both companies
      to
      focus on their different business plans and not compete in accessing funding
      in
      capital markets.




Record
      shareholders will receive one (1) common share, par value $0.001, of Basic
      Services common stock for every share of Basic Services common stock owned.
      The
      Generic Marketing Services stock dividend is based on 10,873,750 shares of
      Basic
      Services, Inc. common stock that were issued and outstanding as of the record
      date.




Basic
      Services will retain no ownership in Generic Marketing Services following the
      issuance of the stock dividend. Further, Generic Marketing Services will no
      longer be a subsidiary of Basic Services and have different management.




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




a)
      Exhibits


ExhibitNumber
              Title
                  of Document31.1
              Certifications
                  of the Chief Executive Officer pursuant to Section302
                  of the Sarbanes-Oxley Act of 2002.31.2
              Certifications
                  of the Chief Financial Officer pursuant to Section302
                  of the Sarbanes-Oxley Act of 2002.32.1
              Certifications
                  of Chief Executive Officer pursuant to18
                  U.S.C.Section
                  1350as
                  adopted pursuant to Section 906 of the SarbanesOxley
                  Act of2002.32.2
              Certifications
                  of Chief Financial Officer pursuant to18
                  U.S.C.Section
                  1350as
                  adopted pursuant to Section 906 of the SarbanesOxley
                  Act of2002.





15




b)
      Reports on Form 8-K




None
      filed during the quarter ended September, 2007.




c)
      Subsequent Reports on Form 8-K




The
      Company filed a Current Report dated August 7, 2007, pursuant to Item 8.01
      ("Other Events") announcing the declaration of a special stock dividend through
      which Basic Services, Inc. will spin off its wholly-owned subsidiary, Generic
      Marketing Services, Inc.




**SIGNATURES**




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




**Basic
      Services, Inc.**


**Registrant**




By:
            /s/
              Ilia LekachName:
                Ilia Lekach
              Title:
                CEO/DirectorDated:
            June 2,
              2008




By:
            /s/
              Jeffrey GellerName:
                Jeffrey Geller
              Title:
                CFO/DirectorDated:
            June 2, 2008  16