----

----

| Nevada                          |   | None                |
|---------------------------------|--------|---------------------|
| (State or other jurisdiction of |   | (I.R.S. Employer    |
| incorporation or organization)  |   | Identification No.) |

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

----

----

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| Index      |                  |                                                                                                                                                                                                                     | Page   |
|------------|-----------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|       |                  |                                                                                                                                                                                                                     |   |
| Part I.    | Financial Information |                                                                                                                                                                                                                     |
|       |                  |                                                                                                                                                                                                                     |   |
|       | Item 1.               | Financial Statements                                                                                                                                                                                                     |   |
|       |                  |                                                                                                                                                                                                                     |   |
|       |                  | Condensed Balance Sheets as of January 31, 2011 (unaudited) and April 30, 2010.                                                                                                                                          | 5      |
|       |                  |                                                                                                                                                                                                                     |   |
|       |                  | Condensed Statements of Operations for the three months ended January 31, 2011 and 2010; the nine months ended January 31, 2011 and 2010; and the period from April 3, 2006 (Inception) to January 31, 2011 (unaudited). | 6      |
|       |                  |                                                                                                                                                                                                                     |   |
|       |                  | Condensed Statements of Stockholders’ Equity (Deficit) from Inception (April 3, 2006) to January 31, 2011.                                                                                                         | 7      |
|       |                  |                                                                                                                                                                                                                     |   |
|       |                  | Condensed Statements of Cash Flow for the nine months ended January 31, 2011 and 2010, and the period from April 3, 2006 (Inception) through January 31, 2011 (unaudited).                                               | 8      |
|       |                  |                                                                                                                                                                                                                     |   |
|       |                  | Notes to Financial Statements (unaudited).                                                                                                                                                                               | 9      |
|       |                  |                                                                                                                                                                                                                     |   |
|       | Item 2.               | Management’s Discussion and Analysis of Financial Condition and Results of Operations.                                                                                                                             | 13     |
|       |                  |                                                                                                                                                                                                                     |   |
|       | Item 3.               | Quantitative and Qualitative Disclosures About Market Risk.                                                                                                                                                              | 16     |
|       |                  |                                                                                                                                                                                                                     |   |
|       | Item 4T.              | Controls and Procedures.                                                                                                                                                                                                 | 16     |
|       |                  |                                                                                                                                                                                                                     |   |
| Part II.   | Other Information     |                                                                                                                                                                                                                     |
|       |                  |                                                                                                                                                                                                                     |   |
|       | Item 1.               | Legal Proceedings.                                                                                                                                                                                                       | 16     |
|       |                  |                                                                                                                                                                                                                     |   |
|       | Item 1A.              | Risk Factors                                                                                                                                                                                                             | 16     |
|       |                  |                                                                                                                                                                                                                     |   |
|       | Item 2.               | Unregistered Sales of Equity Securities and Use of Proceeds.                                                                                                                                                             | 16     |
|       |                  |                                                                                                                                                                                                                     |   |
|       | Item 3.               | Defaults Upon Senior Securities.                                                                                                                                                                                         | 16     |
|       |                  |                                                                                                                                                                                                                     |   |
|       | Item 4.               | (Removed and Reserved).                                                                                                                                                                                                  | 16     |
|       |                  |                                                                                                                                                                                                                     |   |
|       | Item 5.               | Other Information.                                                                                                                                                                                                       | 16     |
|       |                  |                                                                                                                                                                                                                     |   |
|       | Item 6.               | Exhibits.                                                                                                                                                                                                                | 16     |
|       |                  |                                                                                                                                                                                                                     |   |
| Signatures | 17                    |

----

----

| POLAR WIRELESS Corp.           |
|--------------------------------|
| (A Development Stage Company)  |
|                           |
| CONDENSED FINANCIAL STATEMENTS |
|                           |
| January 31, 2011               |
|                           |
| Unaudited                      |
| CONDENSED BALANCE SHEETS                                  |  5 |
|-----------------------------------------------------------|---------|
|                                                      |    |
| CONDENSED STATEMENTS OF OPERATIONS                        |  6 |
|                                                      |    |
| CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)    |  7 |
|                                                      |    |
| CONDENSED STATEMENTS OF CASH FLOW                         |  8 |
|                                                      |    |
| NOTES TO UNAUDITED CONDENSED INTERIM FINANCIAL STATEMENTS |  9 |

----

|                                                                                                                                  |   | January 31, 2011 |     |   | April 30, 2010 |   |
|---------------------------------------------------------------------------------------------------------------------------------------|--------|------------------|----------|--------|----------------|--------|
|                                                                                                                                  |   | (Unaudited)      |     |   | (Audited)      |   |
|                                                                                                                                  |   |             |     |   |           |   |
| ASSETS                                                                                                                                |   |             |     |   |           |   |
|                                                                                                                                  |   |             |     |   |           |   |
| CURRENT ASSETS                                                                                                                        |   |             |     |   |           |   |
| Cash                                                                                                                                  |   | $                | -        |   |           | $      | 158 |   |
| Prepaid expenses                                                                                                                      |   |             | 18,176   |   |           |   | - |   |
|                                                                                                                                  |   |             |     |   |           |   |   |   |
| TOTAL ASSETS                                                                                                                          |   | $                | 18,176   |   |           | $      | 158 |   |
|                                                                                                                                  |   |             |     |   |           |   |   |   |
| LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)                                                                                  |   |             |     |   |           |   |   |   |
|                                                                                                                                  |   |             |     |   |           |   |   |   |
| CURRENT  LIABILITIES                                                                                                        |   |             |     |   |           |   |   |   |
| Accounts payable and accrued liabilities                                                                                              |   | $                | 104,279  |   |           | $      | 24,359 |   |
| Loans from Related Parties                                                                                                            |   |             | 75,017   |   |           |   | 55,860 |   |
| TOTAL CURRENT LIABILITIES                                                                                                             |   | $                | 179,296  |   |           | $      | 80,219 |   |
|                                                                                                                                  |   |             |     |   |           |   |   |   |
| STOCKHOLDERS’  EQUITY ( DEFICIT )                                                                                     |   |             |     |   |           |   |   |   |
| Capital stock                                                                                                                         |   |             |     |   |           |   |   |   |
| Authorized                                                                                                                            |   |             |     |   |           |   |   |   |
|        10,000,000 Preferred Shares, $0.001 par value, with zero issued and                         |   |             |     |   |           |   |   |   |
| outstanding                                                                                                                           |   |             |     |   |           |   |   |   |
|       200,000,000 shares of common stock, $0.001 par value,                                             |   |             |     |   |           |   |   |   |
| Issued and outstanding                                                                                                                |   |             |     |   |           |   |   |   |
|         68,000,000 shares of common stock at January 31, 2011 (189,500,000 on April 30, 2010) |   | $                | 68,000   |   |           | $      | 189,500 |   |
|         Discount on stock                                                                     |   |             | (23,723  | )      |           |   | (170,125 | ) |
| Deficit accumulated during the development stage                                                                                      |   |             | (205,397 | )      |           |   | (99,436 | ) |
| TOTAL STOCKHOLDERS’ EQUITY/(DEFICIT)                                                                                            |   | $                | (161,120 | )      |           | $      | (80,061 | ) |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY/(DEFICIT)                                                                            |   | $                | 18,176   |   |           | $      | 158 |   |

----

|                                                 |   | Three monthsendedJanuary 31, 2011 |       |   | Three monthsendedJanuary 31, 2010 |   |        | Nine monthsendedJanuary 31, 2011 |   |   | Nine monthsendedJanuary 31, 2010 |   |   | Cumulative resultsfrom inception(April 3, 2006) toJanuary 31, 2011 |        |
|------------------------------------------------------|--------|-----------------------------------|------------|--------|-----------------------------------|--------|-------------|----------------------------------|--------|--------|----------------------------------|--------|--------|--------------------------------------------------------------------|-------------|
| REVENUE                                              |   |                              |       |   |                              |   |        |                             |   |   |                             |   |   |                                                               |        |
|                                                 |   |                              |       |   |                              |   |        |                             |   |   |                             |   |   |                                                               |        |
| Revenues                                             |   | $                                 | -          |   |                              | $      | -           |                             |   | $      | -                                |   |   | $                                                                  | -           |   |   | $ | - |   |
| Total Revenues                                       |   | $                                 | -          |   |                              | $      | -           |                             |   | $      | -                                |   |   | $                                                                  | -           |   |   | $ | - |   |
|                                                 |   |                              |       |   |                              |   |        |                             |   |   |                             |   |   |                                                               |        |   |   |   |   |   |
| EXPENSES                                             |   |                              |       |   |                              |   |        |                             |   |   |                             |   |   |                                                               |        |   |   |   |   |   |
|                                                 |   |                              |       |   |                              |   |        |                             |   |   |                             |   |   |                                                               |        |   |   |   |   |   |
| Office and general                                   |   | $                                 | 88,580     |   |                              | $      | 443         |                             |   | $      | 91,888                           |   |   | $                                                                  | 1,764       |   |   | $ | 116,180 |   |
| Professional Fees  (Note)                  |   |                              | 5,500      |   |                              |   | 3,000       |                             |   |   | 14,073                           |   |   |                                                               | 9,275       |   |   |   | 89,217 |   |
|                                                 |   |                              |       |   |                              |   |        |                             |   |   |                             |   |   |                                                               |        |   |   |   |   |   |
| Loss before income taxes                             |   | $                                 | 94,080     |   |                              | $      | 3,443       |                             |   | $      | 105,961                          |   |   | $                                                                  | 11,039      |   |   | $ | 205,397 |   |
| Provision for income taxes                           |   |                              |       |   |                              |   |        |                             |   |   | -                                |   |   |                                                               | -           |   |   |   | - |   |
| NET LOSS                                             |   | $                                 | (94,080    | )      |                              | $      | (3,443      | )                                |   | $      | ( 105,961                        | )      |   | $                                                                  | (11,039     | ) |   | $ | (205,397 | ) |
|                                                 |   |                              |       |   |                              |   |        |                             |   |   |                             |   |   |                                                               |        |   |   |   |   |   |
| BASIC AND DILUTED LOSS PER COMMON SHARE              |   | $                                 | 0.00       |   |                              | $      | 0.00        |                             |   | $      | 0.00                             |   |   | $                                                                  | 0.00        |   |   |   |   |   |
|                                                 |   |                              |       |   |                              |   |        |                             |   |   |                             |   |   |                                                               |        |   |   |   |   |   |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING |   |                              | 68,000,000 |   |                              |   | 189,500,000 |                             |   |   | 85,168,478                       |   |   |                                                               | 189,500,000 |   |   |   |   |   |

----

|                                        |   | Common Stock |         |   | Discount |   |     | Share  |   |   | Deficitaccumulatedduring the |   |   |        |    |
|---------------------------------------------|--------|--------------|--------------|--------|----------|--------|----------|--------|--------|--------|------------------------------|--------|--------|-------------|---------|
|                                        |   | Number of    |         |   |     |   |     | on     |   |   | Subscription                 |   |   | development |    |   |   |   |
|                                        |   | shares       |         |   | Amount   |   |     | Stock  |   |   | Receivable                   |   |   | stage       |    |   | Total |   |
| Balance, Inception April 3, 2006            |   |         | -            |   |     | $      | -        |   |   | $      | -                            |   |   | $           | -       |   |   | $ | - |   |   | $ | - |   |
|                                        |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Common Stock issued at $0.00005 per         |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| share on April 26, 2006                     |   |         | 300,000,000  |   |     |   | 300,000  |   |   |   | (285,000                     | )      |   |        | (15,000 | ) |   |   | - |   |   |   | - |   |
|                                        |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Net loss for the year April 30, 2006        |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   | (1,279 | ) |   |   | (1,279 | ) |
|                                        |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Balance, April 30, 2006                     |   |         | 300,000,000  |   |     | $      | 300,000  |   |   | $      | (285,000                     | )      |   | $           | (15,000 | ) |   | $ | (1,279 | ) |   | $ | (1,279 | ) |
| Proceeds from Subscription Receivable       |   |         |         |   |     |   |     |   |   |   |                         |   |   |        | 15,000  |   |   |   |   |   |   |   | 15,000 |   |
|                                        |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Common Stock issued at $0.00025 per         |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| share (May 1, 2006 & April 30, 2007)    |   |         | 49,500,000   |   |     |   | 49,500   |   |   |   | (37,125                      | )      |   |        |    |   |   |   |   |   |   |   | 12,375 |   |
|                                        |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Net loss for the year April 30, 2007        |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   | (8,691 | ) |   |   | (8,691 | ) |
|                                        |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Balance, April 30, 2007                     |   |         | 349,500,000  |   |     | $      | 349,500  |   |   | $      | (322,125                     | )      |   | $           | -       |   |   | $ | (9,970 | ) |   | $ | 17,405 |   |
| Net loss for the year April 30, 2008        |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   | (25,000 | ) |   |   | (25,000 | ) |
|                                        |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Balance, April 30, 2008                     |   |         | 349,500,000  |   |     | $      | 349,500  |   |   | $      | (322,125                     | )      |   | $           | -       |   |   | $ | (34,970 | ) |   | $ | (7,595 | ) |
| Common Stock redeemed at $0.00005           |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| on March 18, 2009                           |   |         | (160,000,000 | )      |     |   | (160,000 | )      |   |   | 152,000                      |   |   |        |    |   |   |   |   |   |   |   | (8,000 | ) |
|                                        |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Net loss for the year April 30, 2009        |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   | (37,303 | ) |   |   | (37,303 | ) |
|                                        |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Balance, April 30, 2009                     |   |         | 189,500,000  |   |     | $      | 189,500  |   |   | $      | (170,125                     | )      |   | $           | -       |   |   | $ | (72,273 | ) |   | $ | (52,898 | ) |
| Net loss for the year April 30, 2010        |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   | (27,163 | ) |   |   | (27,163 | ) |
|                                        |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Balance, April 30, 2010                     |   |         | 189,500,000  |   |     | $      | 189,500  |   |   | $      | (170,125                     | )      |   | $           | -       |   |   | $ | (99,436 | ) |   | $ | (80,061 | ) |
| Common Stock redeemed & cancelled       |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| - June 8, 2010, for $100 per agreement      |   |         | (121,500,000 | )      |     |   | (121,500 | )      |   |   | 121,400                      |   |   |        |    |   |   |   |   |   |   |   | (100 | ) |
|                                        |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Forgiveness of related party debt 6/8/10    |   |         |         |   |     |   |     |   |   |   | 25,002                       |   |   |        |    |   |   |   |   |   |   |   | 25,002 |   |
|                                        |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Net loss for the period to January 31, 2011 |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   | (105,961 | ) |   |   | (105,961 | ) |
|                                        |   |         |         |   |     |   |     |   |   |   |                         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Balance,  January 31, 2011        |   |         | 68,000,000   |   |     | $      | 68,000   |   |   | $      | (23,723                      | )      |   | $           | -       |   |   | $ | (205,397 | ) |   | $ | (161,120 | ) |

----

|                                                            |   | Nine months      |     |   | Nine months      |   |    | April 3, 2006       |   |
|-----------------------------------------------------------------|--------|------------------|----------|--------|------------------|--------|---------|---------------------|--------|
|                                                            |   | ended            |     |   | ended            |   |    | (inception date) to |   |
|                                                            |   | January 31, 2011 |     |   | January 31, 2010 |   |    | January 31, 2011    |   |
|                                                            |   |             |     |   |             |   |    |                |   |
| OPERATING ACTIVITIES                                            |   |             |     |   |             |   |    |                |   |
| Net loss                                                        |   | $                | (105,961 | )      |             | $      | (11,039 | )                   |   | $ | (205,397 | ) |
| Increase in prepaid expenses                                    |   |             | (18,176  | )      |             |   | -       |                |   |   | (18,176 | ) |
| Increase in loans from related parties                          |   |             | 79,920   |   |             |   | 29,909  |                |   |   | 93,246 |   |
| Expenses paid by related parties & forgiven                 |   |             | 25,002   |   |             |   | -       |                |   |   | 25,002 |   |
| Increase (decrease) in accounts payable and accrued liabilities |   |             | 1        |   |             |   | (18,978 | )                   |   |   | 86,050 |   |
|                                                            |   |             |     |   |             |   |    |                |   |   |   |   |
| NET CASH USED IN OPERATING ACTIVITIES                           |   | $                | (58      | )      |             | $      | (108    | )                   |   | $ | (19,275 | ) |
|                                                            |   |             |     |   |             |   |    |                |   |   |   |   |
| FINANCING ACTIVITIES                                            |   |             |     |   |             |   |    |                |   |   |   |   |
| Redemption of shares                                            |   |             | (100     | )      |             |   |    |                |   |   | (8,100 | ) |
| Proceeds from sale of common stock                              |   |             | -        |   |             |   | -       |                |   |   | 27,375 |   |
|                                                            |   |             |     |   |             |   |    |                |   |   |   |   |
| NET CASH  (USED IN) FROM FINANCING ACTIVITIES         |   | $                | (100     | )      |             | $      | -       |                |   | $ | 19,275 |   |
|                                                            |   |             |     |   |             |   |    |                |   |   |   |   |
| NET INCREASE ( DECREASE) IN CASH                                |   | $                | (158     | )      |             | $      | (108    | )                   |   | $ | - |   |
|                                                            |   |             |     |   |             |   |    |                |   |   |   |   |
| CASH, BEGINNING OF PERIOD                                       |   | $                | 158      |   |             | $      | 301     |                |   | $ | - |   |
|                                                            |   |             |     |   |             |   |    |                |   |   |   |   |
| CASH, END OF PERIOD                                             |   | $                | -        |   |             | $      | 193     |                |   | $ | - |   |
|                                                            |   |             |     |   |             |   |    |                |   |   |   |   |
| Supplemental cash flow information:                             |   |             |     |   |             |   |    |                |   |   |   |   |
| Cash paid for:                                                  |   |             |     |   |             |   |    |                |   |   |   |   |
| Interest                                                        |   | $                | -        |   |             | $      | -       |                |   | $ | - |   |
|                                                            |   |             |     |   |             |   |    |                |   |   |   |   |
| Income taxes                                                    |   | $                | -        |   |             | $      | -       |                |   | $ | - |   |

----

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----

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----

| Number  |   | Description                                                                                                                           |
|---------|--------|---------------------------------------------------------------------------------------------------------------------------------------|
|    |   |                                                                                                                                  |
| 3.1.1   |   | Articles of Incorporation (1)                                                                                                         |
| 3.1.2   |   | Certificate of Amendment to Articles of Incorporation (2)                                                                             |
| 3.210.1 |   | Bylaws (1)Letter of intent dated January 4, 2011 by and between 22303354 Ontario Inc. and Polar Wireless Corp., a Nevada corporation. |
| 31.1    |   | Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                               |
| 31.2    |   | Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                               |
| 32.1    |   | Certification of Principal Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.                               |
| 32.2    |   | Certification of Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.                               |

----

|                            | POLAR WIRELESS CORP. |
|---------------------------------|----------------------|
|                            | (Name of Registrant) |
|                            |                 |
| Date:  March 22, 2011 | By:                  |     /s/ G. Kelly O’Dea |   |
|                            |                 | Name: G. Kelly O’Dea |
|                            |                 | Title: President |

| Date:  March 22, 2011 | By:    |     /s/ Shane Carroll                                           |   |
|---------------------------------|--------|--------------------------------------------------------------------------------|--------|
|                            |   | Name: Shane Carroll                                                            |
|                            |   | Title: Secretary, principal financial officer and principal accounting officer |

----

| Number |   | Description                                                                                                                 |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                        |
| 3.1.1  |   | Articles of Incorporation (1)                                                                                               |
| 3.1.2  |   | Certificate of Amendment to Articles of Incorporation (2)                                                                   |
| 3.2    |   | Bylaws (1)                                                                                                                  |
| 10.1   |   | Letter of intent dated January 4, 2011 by and between 22303354 Ontario Inc. and Polar Wireless Corp., a Nevada corporation. |
| 31.1   |   | Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                     |
| 31.2   |   | Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                     |
| 32.1   |   | Certification of Principal Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.                     |
| 32.2   |   | Certification of Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.                     |

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