SECURITIES AND EXCHANGE COMMISSION
 WASHINGTON, D.C. 20549
 
 FORM 10-Q
 
 
 Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
 ACT OF 1934
 
 For the quarterly period ended: July 31, 2010
 or
 
  ̈ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
 
 For the transition period from ________________ to __________________
 
 Commission File Number 333-143630
 
 TECHS LOANSTAR, INC.
 ______________________________________________________
 (Exact name of registrant as specified in its charter)
 
 Nevada
20-4682058(State or other jurisdiction

of  incorporation  or  organization)
(IRS Employer

Identification No.)
 319 Clematis Street, Suite 703
 _____________West Palm Beach, FL, 33401__________
 (Address of principal executive offices)
 
 ___________________(561) 514-9042_______________
 (Registrant's telephone number, including area code)
 
 
 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes Q             No  ̈
 
 Indicate by check mark whether the registrant has submitted electronically and posted on its corporate web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes   ̈ No  Q
  Indicate by check mark whether the registrant is a larger accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of "accelerated filer and large accelerated filer" in Rule 12b-2 of the Exchange Act. (Check one)
 Large accelerated filer            
Accelerated filer Non-accelerated filer                (Do not check if a smaller reporting company)
Smaller reporting company Q
  Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes          No  Q
  
 The number of shares outstanding of the Registrant's $0.001 par value Common Stock as of August 31, 2010 was 139,902,846 shares.
  
  
  INDEX TO FORM 10-Q
 
 Part I.  Financial Information
PageItem 1.  Financial StatementsConsolidated Balance Sheets at July 31, 2010 (Unaudited) and April 30, 2010
2ConsolidConsolidated Statements of Operations for the three months ended July 31, 2010 and July 31, 2009 and from inception (April 24, 2008) to July 31, 2010 (Unaudited)
3Consolidated Statement of Shareholders’ Equity (Deficit) from inception (April 24, 2008) to July 31, 2010 (Unaudited)
4Consolidated Statements of Cash Flows for the three months ended July 31, 2010 and July 31, 2009 and from inception (April 24, 2008) to July 31, 2010 (Unaudited)
5Notes to Consolidated Financial Statements
6 – 13Item 2.  Management’s Discussion and Analysis
14-15Item 3.  Quantitative and Qualitative Disclosures about Market Risks
15Item 4.  Controls and Procedures
15-16Part II.  Other InformationItem 1. Legal Proceedings
17Item 1A. Risk Factors
17Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
17Item 3. Defaults Upon Senior Securities
17Item 4. (Removed and Reserved)
17Item 5. Other Information
17Item 6.  Exhibits
17Signatures
18
 
  
 
 
  
 
 TECHS LOANSTAR, Inc.
 (A Development Stage Company)
 
 UNAUDITED FINANCIAL STATEMENTS
 
 
 
 
 
 
 Page(s)BALANCE SHEETS
2STATEMENTS OF OPERATIONS
3STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT)
4STATEMENTS OF CASH FLOWS
5NOTES TO FINANCIAL STATEMENTS
6-13
  1
  
 TECHS LOANSTAR, INC(A DEVELOPMENT STAGE COMPANY)BALANCE SHEETS(Unaudited)July 31, 2010


April 30, 2010ASSETSCurrent AssetsCash

$
22


$
244Prepaid assets


201,667



—Total current assets


201,689



244Total assets

$
201,689


$
244LIABILITIES AND SHAREHOLDERS' DEFICITCurrent liabilities:Accounts payable and accrued expenses

$
200,076


$
158,586Accounts payable and accrued expenses, related parties


702,952



781,258Notes payable


62,674



62,674Notes payable, related parties


62,769



51,739Convertible notes


150,000



150,000Total Liabilities


1,178,471



1,204,257STOCKHOLDERS'  DEFICITCommon stock, par value $0.001, 900,000,000shares authorized and 139,902,846  (July) and43,066,912 (April) outstanding


139,903



43,067Additional paid in capital


553,060



150,659Deficit accumulated during the development stage


(1,669,746
)


(1,397,739
)Total Stockholders' Deficit


(976,783
)


(1,204,013
)Total Liabilities and Stockholders' Deficit

$
201,689


$
244
 
 The accompanying notes are an integral part of these financial statements.
  2
 
 
 TECHS LOANSTAR, INC(A DEVELOPMENT STAGE COMPANY)STATEMENTS OF OPERATIONS(UNAUDITED)CumulativeFor the three months ended


from inception(April 24, 2008) toJuly 31, 2010


July 31, 2009


July 31, 2010REVENUE

$
—


$
—


$
—OPERATING EXPENSES:Salaries


60,000



52,500



535,200Stock compensation


122,500







122,500Amortization of license


0



25,000



191,663Office and general


10,385



4,858



190,607Professional fees & consultants


73,333



12,000



227,375Total Operating Expenses


266,218



94,358



1,267,345LOSS FROM OPERATIONS


(266,218
)


(94,358
)


(1,267,345
)OTHER INCOME (EXPENSES):Interest expense


(4,697
)


(33,056
)


318,617Interest expense, related parties


(1,092
)


(78
)


988Gain on debt settlement


—







3,288Impairment of  license


—







(808,333
)Loss of deposit


—







(75,000
)Total Other Expenses


(5,789
)


(33,134
)


(560,440
)LOSS BEFORE INCOME TAXES


(272,007
)


(127,492
)


(1,827,785
)PROVISION FOR INCOME TAX


—



—



—NET LOSS

$
(272,007
)

$
(127,492
)

$
(1,827,785
)Basic and diluted net lossper common share

$
(0.00
)

$
(0.01
)Basic and diluted weighted averagecommon shares outstanding


57,374,209



24,334,000
 
 
 
 The accompanying notes are an integral part of these financial statements.
 3
 
 TECHS LOANSTAR, INC(A DEVELOPMENT STAGE COMPANY)STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)FROM INCEPTION (April 7, 2006) THROUGH July 31, 2010DeficitAccumulatedAdditional




DuringCommon stock


Common stock to be issued


Paid- in


Subscription


Development


TotalShares

Amount


Shares


Amount


Capital


Receivable


Stage


deficitBalance April 24, 2008


-


$
-


$
-


$
-


$
-


$
-


$
-


$
-Sale of common stock


5,375,000



5,375



19,625,000



19,625



(23,500
)


(1,178
)


-



322Net loss May 31, 2008


























(65,097
)


(65,097
)Balance May 31, 2008


5,375,000



5,375



19,625,000



19,625



(23,500
)


(1,178
)


(65,097
)


(64,775
)Sale of common stock


18,959,000



18,959



(18,959,000
)


(18,959
)


-



1,138



-



1,138Net loss for the period ending May 31, 2009


























(738,356
)


(738,356
)Balance May 31, 2009


24,334,000



24,334



666,000



666



(23,500
)


(40
)


(803,453
)


(801,993
)Sale of common stock


666,000



666



(666,000
)


(666
)






40







40Reverse merger ZenZuu Usa, Inc. with ZZPartners, Inc.















(803,453
)






803,453



-Reverse merger with ZenZuu USA, Inc.


12,400,000



12,400











36,538











48,938Common stock issued in exchange for convertible notes andaccrued interest


5,666,912



5,667











941,074











946,741Net loss for the period ending April 30, 2010


























(1,397,739
)


(1,397,739
)Balance April 30, 2010


43,066,912



43,067



0



0



150,659



-



(1,397,739
)


(1,204,013
)Common stock issued pursuant to marketing agreement


2,000,000



2,000











218,000











220,000Common stock issued in exchange for accounts payable andaccrued liabilities


1,567,370



1,567











155,170











156,737Fair market value for issuance of options to purchase 3,500,000shares of common stock


















122,500











122,500Common stock issued for dividend


93,268,564



93,269











(93,269
)










-Net loss for the three months ended July 31, 2010























(272,007
)


(272,007
)139,902,846


$
139,903



0


$
0


$
553,060


$
-


$
(1,669,746
)

$
(976,783
)
 
 
  
 4
 
 TECHS LOANSTAR, INC(A DEVELOPMENT STAGE COMPANY)STATEMENTS OF CASH FLOWS(Unaudited)Period fromFor the Three Months Ended


Inception(April 24, 2008) toJuly 31, 2010


July 31, 2009


July 31, 2010Operating activities:Net loss

$
(272,007
)

$
(127,492
)

$
(2,473,199
)Adjustments to reconcile net loss to net cash used in operatingactivities:Stock compensation expense


122,500







122,500Amortization of consulting agreement


18,333







18,333Merger costs


-







75,000Amortization of license


-



25,000



191,663Amortization of debt issuance costs


-



97,500



105,585Liabilities assumed in reverse merger


-







(22,232
)Warrants issued in connection with reverse merger


-







71,169Impairment of license


-







808,333Change in operating assets and liabilities:Other assets


-



(73,750
)


(75,000
)Increase (decrease) in accounts payable and accrued liabilities


61,695



(332,392
)


220,285Increase in accounts payable and accrued liabilities, related parties


58,227



141,067



948,227Net cash used in operating activities


(11,252
)


(270,067
)


(9,336
)Investing activities:Increase in deferred financing costs


-



(104,000
)


(105,585
)License acquisition






-



(1,000,000
)Net cash used in investing activities


0



(104,000
)


(1,105,585
)Financing activities:Proceeds from sale of common stock


-



1,138



1,460Share subscription receivable


-



-



40Proceeds from issuance of notes payable


-



180,297



274,174Proceeds from issuance of notes payable, related parties


11,030







74,769Proceeds from issuance of convertible notes


-



728,000



778,000Payments of notes payable


-



-



(1,500
)Payments of notes payable, related parties


-







(12,000
)Net cash provided by financing activities


11,030



909,435



1,114,943Net increase in cash and cash equivalents


(222
)


535,368



22Cash and cash equivalents, beginning of period


244



496



-Cash and cash equivalents, end of period

$
22


$
535,864


$
22Supplemental disclosures of cash flow information:Cash paid during the year for interest

$
1,050


$
-


$
1,050Cash paid during the year for taxes

$
-


$
-


$
-Non-cash investing and financing activities:Fair value of common stock issued for convertible notesand accrued interest

$
946,741


$
-


$
946,741Fair value of common stock issued for accounts payable andaccrued expenses, including $140,000 for related parties

$
156,737


$
-


$
156,737
 
 
 
  5
 
 TECHS LOANSTAR, INC.
 (A Development Stage Company)
 
 NOTES TO THE FINANCIAL STATEMENTS
 (Unaudited)
 July 31, 2010
 
 NOTE 1 – NATURE OF OPERATIONS AND BASIS OF PRESENTATION
 
 Techs Loanstar, Inc.  (“Techs” or the “Company”) was incorporated on April 7, 2006 in the State of Nevada. The fiscal year end of the Company is April 30. The Company was initially organized to provide the loan management service and software for the equity and payday loan industry.
 
 SHARE EXCHANGE TRANSACTION WITH ZENZUU USA, INC.
 
 Pursuant to an Agreement Concerning the Exchange of Securities dated February 10, 2010(the "Share Exchange Agreement"), by and between the Company and ZenZuu USA, Inc., a Nevada corporation ("ZZUSA"), the Company and ZZUSA entered into a share exchange whereby all of the issued and outstanding capital stock of ZZUSA, were exchanged for like securities of the Company, (the "Share Exchange"). On February 17, 2010, the company filed the Articles of Exchange with the Nevada Secretary of State (the "Articles of Exchange," and together with the Share Exchange Agreement, the "Plan of Exchange").
 
 Immediately prior to the Share Exchange the Company had 40,400,000 shares of common stock outstanding.  Upon closing the Company retired 28,000,000 shares of common stock.  Immediately prior to the effective time of the Share Exchange, ZZUSA had 46,750 shares outstanding of its common stock ("ZZUSA Common Stock") and no shares of preferred stock. In accordance with the Plan of Exchange, all of the shares of ZZUSA Common Stock were acquired by the Company in exchange for 25,000,000 shares of company common stock, par value $.001 per share ("Common Stock"). Accordingly, after giving effect to the Share Exchange, the Company had 37,400,000 shares of Common Stock outstanding.  As a result of the Share Exchange, the former ZZUSA shareholders immediately after the closing of the Share Exchange together held approximately 66.8% of the Company’s outstanding voting power.  Accordingly, the Share Exchange constitutes a change of control of the Registrant.
 
 Since there was a change in control of the Company after the Share Exchange, the transaction constituted a reverse acquisition for accounting purposes, as contemplated by ASC 805-40 and corresponding ASC-10-55-10, 12 and 13.  Under these procedures the entity that issued the shares (Techs- the legal acquirer) is identified as the accounting acquire, and the entity whose shares are acquired (ZenZuu) is the accounting acquirer.
 
 In addition, Techs was characterized as a non-operating public shell company, pursuant to SEC reporting rules. The SEC staff considers a reverse-acquisition with a public shell to be a capital transaction, in substance, rather than a business combination. The transaction is effectively a reverse recapitalization, equivalent to the issuance of stock by the private company for the net monetary assets of the shell corporation accompanied by a recapitalization. The accounting is similar to that resulting from a reverse acquisition, except that the transaction was consummated at book value and no goodwill or intangible assets were recognized.
 
 For SEC reporting purposes, ZenZuu is treated as the continuing reporting entity that acquired Techs (the historic shell registrant). The reports filed after the transaction have been prepared as if ZenZuu (accounting acquirer) were the legal successor to Techs’s reporting obligation as of the date of the acquisition. Therefore, all financial statements filed subsequent to the transaction reflect the historical financial condition, results of operations and cash flows of ZenZuu, for all periods prior to the share exchange and consolidated with Techs from the date of the share Exchange. ZenZuu previously had a May 31 fiscal year end, but has now assumed the fiscal year end of Techs Loanstar, Inc., the legal acquirer.  Accordingly, the financial statements presented herein are the unaudited financial statements for the three months ended July 31, 2009 of ZenZuu USA, Inc., and for the three months ended July 31, 2010 consolidated with Techs Loanstar, Inc. from February 10, 2010.  All share and per share amounts of ZenZuu have been retroactively adjusted to reflect the legal capital structure of Techs pursuant to FASB ASC 805-40-45-1.
 
 ZZUSA also had outstanding convertible debt securities (the “Convertible Notes”), the outstanding principal and accrued and unpaid interest of which, as amended, automatically convert on the six (6) month anniversary of the Share Exchange Agreement (the “Automatic Conversion Date”) into shares of Common Stock at a price per share equal to 65% of the ten (10) average closing price of Common Stock immediately preceding the Automatic Conversion Date. As a result of the Plan of Exchange, these convertible debt securities were exchanged for like convertible securities of the Company, whereby the
 6
 
 NOTE 1 – NATURE OF OPERATIONS AND BASIS OF PRESENTATION (continued)
 
 outstanding principal and interest on such securities automatically convert into shares of Common Stock at a price per share equal to 65% of the ten (10) day average closing price of the Common Stock immediately preceding the Automatic Conversion Date. Additionally, the Convertible Notes are eligible for an early conversion date whereby the principal and accrued and unpaid interest are convertible into shares of Common Stock at a price per share equal to 55% of any consecutive five (5) day average closing price, within the first thirty (30) calendar days that the common stock is eligible to be traded.  Accordingly on April 30, 2010, the Company issued 5,666,912 shares of common stock for the payment of $838,000 of Convertible Notes and accrued and unpaid interest of $108,741.30.  The Convertible Notes and interest were converted at $0.1683 per share based upon the discount for the early conversion of the Convertible Notes.
 
 NOTE 2 – GOING CONCERN
 
 The ability of the Company to continue as a going concern is dependent on raising capital to fund its business plan and ultimately to attain profitable operations.  Accordingly, these factors raise substantial doubt as to the Company’s ability to continue as a going concern.  ZenZuu and ZZPartners, Inc. (“ZZP” and the predecessor to ZenZuu) has funded its initial operations by way of issuing notes payable (including related parties) and convertible notes accumulating approximately $1,126,000 since its inception.
 
 NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
 
 Basis of Presentation
 These financial statements are presented in United States dollars and have been prepared in accordance with accounting principles generally accepted in the United States.
 
 Use of Estimates and Assumptions
 Preparation of the financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period.  Accordingly, actual results could differ from those estimates.
 
 Financial Instruments
 All significant financial assets, financial liabilities and equity instruments of the Company are either recognized or disclosed in the financial statements together with other information relevant for making a reasonable assessment of future cash flows, interest rate risk and credit risk. Where practical the fair values of financial assets and financial liabilities have been determined and disclosed; otherwise only available information pertinent to fair value has been disclosed.
 
 Loss per Common Share
 Basic earnings (loss) per share includes no dilution and is computed by dividing income (loss) available to common stockholders by the weighted average number of common shares outstanding for the period. Stock options, warrants and common stock underlying convertible promissory notes are not considered in the calculations for the periods ending July 31 and April 30, 2010, as the impact of the potential common shares would be antidilutive and decrease loss per share.  Therefore, diluted loss per share presented for the periods ended July 31, 2010 and April 30 2010 is equal to basic loss per share.
 
 Advertising expense
 Advertising is expensed when incurred.  There has been no advertising during the period.
 
 Income Taxes
 The Company follows the asset and liability method of accounting for income taxes under ASC 740, Income Taxes.  Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax balances and tax loss carry-forwards.  Deferred tax assets and liabilities are measured using enacted or substantially enacted tax rates expected to apply to the taxable income in the years in which those differences are expected to be recovered or settled.  The effect on
  7
 
 
 NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(continued)
 
 deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the date of enactment or substantive enactment.
 
 Stock-based Compensation
 The Company accounts for stock-based compensation issued to employees based on ASC Topic 718- Compensation- Stock Compensation, which establishes standards for the accounting for transactions in which an entity exchanges its equity instruments for goods or services. It also addresses transactions in which an entity incurs liabilities in exchange for goods or services that are based on the fair value of the entity’s equity instruments or that may be settled by the issuance of those equityinstruments.  ASC Topic 718 primarily focuses onaccounting for transactions in which an entity obtains employee services in share-based payment transactions.  This statement requires a public entity to expense the cost of employee services received in exchange for an award of equity instruments.  These statements also provide guidance n valuing and expensing these awards, as well as disclosure requirements of these equity arrangements.
 
 Intangible Assets
 The Company evaluates the recoverability of intangible assets that are amortized whenever events indicate the carrying amount of any such asset may not be fully recoverable.  Our evaluation is based upon, among other things, our assumptions about the estimated future cash flows that the asset are reasonably expected to generate.  When that amount exceeds the carrying value of the asset, we will recognize an impairment loss to the extent the carrying value exceeds the fair value.  We apply our best judgment in our determination.  As of April 30, 2010 management has determined that an impairment charge should be recorded for the remaining carrying value of its license and accordingly has included an impairment charge of $808,333 for the period ending April 30, 2010.
 
 Recent Accounting Pronouncements
 Effective July 1, 2009, the Company adopted The “FASB Accounting Standards Codification” and the Hierarchy of Generally Accepted Accounting Principles (ASC 105). This standard establishes only two levels of U.S. generally accepted accounting principles (“GAAP”), authoritative and nonauthoritative. The FASB Accounting Standards Codification (the “Codification”) became the source of authoritative, nongovernmental GAAP, except for rules and interpretive releases of the SEC, which are sources of authoritative GAAP for SEC registrants. All other non-grandfathered, non-SEC accounting literature not included in the Codification became nonauthoritative. As the Codification was not intended to change or alter existing GAAP, it did not have a material impact on the Company’s financial statements.
 
 Effective July 1, 2009, the Company adopted the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 105-10, Generally Accepted Accounting Principles – Overall (“ASC 105-10”). ASC 105-10 establishes the FASB Accounting Standards Codification (the “Codification”) as the source of authoritative accounting principles recognized by the FASB to be applied by nongovernmental entities in the preparation of financial statements in conformity with U.S. GAAP. Rules and interpretive releases of the SEC under authority of federal securities laws are also sources of authoritative U.S. GAAP for SEC registrants. All guidance contained in the Codification carries an equal level of authority.
 
 The Codification superseded all existing non-SEC accounting and reporting standards. All other non-grandfathered, non-SEC accounting literature not included in the Codification is non-authoritative. The FASB will not issue new standards in the form of Statements, FASB Staff Positions or Emerging Issues Task Force Abstracts. Instead, it will issue Accounting Standards Updates (“ASUs”). The FASB will not consider ASUs as authoritative in their own right. ASUs will serve only to update the Codification, provide background information about the guidance and provide the bases for conclusions on the change(s) in the Codification. References made to FASB guidance throughout this document have been updated for the Codification.
 
 Effective July 1, 2009, the Company adopted FASB ASU No. 2009-05, Fair Value Measurements and Disclosures (Topic 820) (“ASU 2009-05”). ASU 2009-05 provided amendments to ASC 820-10, Fair Value Measurements and Disclosures – Overall, for the fair value measurement of liabilities. ASU 2009-05 provides clarification that in circumstances in which a quoted price in an active market for the identical liability is not available, a reporting entity is required to measure fair value using certain techniques. ASU 2009-05 also clarifies that when estimating the fair value of a liability, a reporting entity is not
 
 
 8
  
 NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(continued)
 
 required to include a separate input or adjustment to other inputs relating to the existence of a restriction that prevents the transfer of a liability. ASU 2009-05 also clarifies that both a quoted price in an active market for the identical liability at the measurement date and the quoted price for the identical liability when traded as an asset in an active market when no adjustments to the quoted price of the asset are required are Level 1 fair value measurements. Adoption of ASU 2009-05 did not have a material impact on the Company’s results of operations or financial condition.
 
 Effective June 30, 2009, the Company adopted three accounting standard updates which were intended to provide additional application guidance and enhanced disclosures regarding fair value measurements and impairments of securities. They also provide additional guidelines for estimating fair value in accordance with fair value accounting.
 
 The first update, as codified in ASC 820-10-65, provides additional guidelines for estimating fair value in accordance with fair value accounting. The second accounting update, as codified in ASC 320-10-65, changes accounting requirements for
 other-than-temporary-impairment (OTTI) for debt securities by replacing the current requirement that a holder have the positive intent and ability to hold an impaired security to recovery in order to conclude an impairment was temporary with a requirement that an entity conclude it does not intend to sell an impaired security and it will not be required to sell the security before the recovery of its amortized cost basis. The third accounting update, as codified in ASC 825-10-65, increases the frequency of fair value disclosures. These updates were effective for fiscal years and interim periods ended after June 15, 2009. The adoption of these accounting updates did not have a material impact on the Company’s financial statements.
 
 Effective June 30, 2009, the Company adopted a new accounting standard for subsequent events, as codified in ASC 855-10. The update modifies the names of the two types of subsequent events either as recognized subsequent events (previously referred to in practice as Type I subsequent events) or non-recognized subsequent events (previously referred to in practice as Type II subsequent events). In addition, the standard modifies the definition of subsequent events to refer to events or transactions that occur after the balance sheet date, but before the financial statements are issued (for public entities) or available to be issued (for nonpublic entities). It also requires the disclosure of the date through which subsequent events have been evaluated. The update did not result in significant changes in the practice of subsequent event disclosures, and therefore the adoption did not have a material impact on the Company’s financial statements.
 
 In March 2010, the FASB issued ASU No. 2010-11, "Derivatives and Hedging (Topic 815): Scope Exception Related to Embedded Credit Derivatives," ("ASU 2010-11") (codified within ASC 815 - Derivatives and Hedging). ASU 2010-11 improves disclosures originally required under FAS No. 161. ASU 2010-11 is effective for interim and annual periods beginning after June 15, 2010. The Company will adopt ASU 2010-11 on August 1, 2010. The adoption of ASU 2010-11 is not expected to have any material impact on the  Company's financial position, results of operations or cash flows.
 
 In March 2010, the FASB issued ASU No. 2010-17, "Revenue Recognition-Milestone Method (Topic 605): Milestone Method of Revenue Recognition," ("ASU 2010-17"), which provides guidance related to revenue recognition that applies to arrangements with milestones relating to research or development deliverables. This guidance provides criteria that must be met to recognize consideration that is contingent upon achievement of a substantive milestone in its entirety in the period in which the milestone is achieved. ASU 2010-17 is effective for interim and annual periods beginning after June 15, 2010. Early adoption is permitted. The Company will adopt ASU 2010-17 on August 1, 2010. The adoption of ASU 2010-17 is not expected to have any material impact on the Company's financial position, results of operations or cash flows.
 
  NOTE 4 - LICENSING AGREEMENT
 
 On May 21, 2008, ZZP signed a license agreement with ZenZuu, Inc. (“ZZI”), a Nevada corporation, whereby the Company acquired the exclusive United States rights to ZZI’s online social database and advertising revenue-share model. This license agreement includes the rights to use all applicable copyrights, trademarks and related technology obtained or in connection with the online social network database and advertising revenue-sharing model. As consideration for this license, the Company is required to pay a total aggregate license fee of $1,000,000 and a monthly royalty of 25% of our net local advertising revenue received.   The term of the license is for 10 years, and is automatically renewable for successive ten year terms under the same terms and conditions.  As of July 31, 2010 and April 30, 2010, the Company owes $550,000 (included in accrued liabilities, related parties) and ZZI has agreed to accept future payments from the Company remitting twenty percent (20%) of month end cash available from operations.
 
 9
 
 
 NOTE 5 - FAIR VALUE OF FINANCIAL INSTRUMENTS
 
 Determination of Fair Value
 At July 31, 2010 and April 30, 2010, the Company calculated the fair value of its assets and liabilities per ASC 820 for disclosure purposes as described below.
 
 The carrying value of cash and cash equivalents, employee advances, prepaid expenses, accounts payable and accrued liabilities approximate their fair value due to the short period to maturity of these instruments pursuant to ASC 825.
 
 Valuation Hierarchy
 ASC 820 establishes a three-level valuation hierarchy for the use of fair value measurements based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date:
 
 Level 1.     Inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 1 assets and liabilities include debt and equity securities and derivative financial instruments actively traded on exchanges, as well as U.S. Treasury securities and U.S. Government and agency mortgage-backed securities that are actively traded in highly liquid over the counter markets.
 
 Level 2.     Observable inputs other than Level 1 prices such as quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, and inputs that are observable or can be corroborated, either directly or indirectly, for substantially the full term of the financial instrument.
 
 Level 2 assets and liabilities include debt instruments that are traded less frequently than exchange traded securities and derivative instruments whose model inputs are observable in the market or can be corroborated by market observable data. Examples in this category are certain variable and fixed rate non-agency mortgage-backed securities, corporate debt securities and derivative contracts.
 
 Level 3.     Inputs to the valuation methodology are unobservable but significant to the fair value measurement. Examples in this category include interests in certain securitized financial assets, certain private equity investments, and derivative contracts that are highly structured or long-dated.
 
 Application of Valuation Hierarchy
 
 A financial instrument's categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The following is a description of the valuation methodology used to measure fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy.
 
 Convertible notes payable, net of debt discount.     Market prices are not available for the Company's convertible notes payable, nor are market prices of similar convertible notes available. The Company assessed that the fair value of this liability approximates its carrying value due to its nature, the stated interest rate of the notes and the embedded conversion features as calculated.
 
 The method described above may produce a current fair value calculation that may not be indicative of net realizable value or reflective of future fair values. If readily determined market values became available or if actual performance were to vary appreciably from assumptions used, assumptions may need to be adjusted, which could result in material differences from the recorded carrying amounts. The Company believes its method of determining fair value is appropriate and consistent with other market participants. However, the use of different methodologies or different assumptions to value certain financial instruments could result in a different estimate of fair value.
 
 In accordance with the requirements of SFAS No. 107, the Company has determined the estimated fair value of financial instruments using available market information and appropriate valuation methodologies.  The fair value of financial instruments classified as current assets or liabilities approximate their carrying value due to the short-term maturity of the instruments.
 
 10
 NOTE 6 – CONVERTIBLE AND PROMISSORY NOTES PAYABLE
 
 In June 2008, the ZZP, through a Private Placement Memorandum (the “Offering”), to accredited investors on a “best efforts” began offering a basis of up to a maximum of $2,000,000 in unsecured convertible promissory notes (the “Notes”), together with two warrants for each dollar of note purchased (i) one 2-year warrant to purchase a share of the Company’s common stock at an exercise price of $2.50 per share; and (ii) one 2-year warrant to purchase a share of the Company’s common stock at an exercise price of $5.00 per share (the “Warrants”).  The conversion of the Notes and the exercisability of the Warrants are contingent upon the Company’s entry into a merger transaction with a public reporting company (the “Merger”).  The Company sold $928,000 (included in the liabilities assumed) in Notes and the Notes will mature on the two-year anniversary of the Notes and carry a per annum interest rate of 8%.
 
 The original terms of the Notes included that the Notes would automatically convert (the “Automatic Conversion Date”) on the 61st calendar day following a merger into shares of the Company’s common stock at a conversion price equal to a 25% discount to the lowest average closing bid price of the Company’s common stock over 10 consecutive trading days on or between the 31st and 60th calendar day after a merger, with a minimum conversion price of $1.00 and maximum conversion price of $3.00 (the “Conversion Price”).
 
 The Company can call and redeem the Warrants upon 10 days prior written notice as long as the closing bid price of the common stock exceeds 165% of the exercise price of the ten consecutive days and the resale of the common stock issuable upon exercise of the Warrants has been included in an effective Registration Statement.
 
 Due to the delay in completing the Share Exchange (See Note 1), the Company has agreed to remove the minimum conversion price of $1.00 and increase the discount from 25% to 35%.   The Company also changed the Automatic Conversion Date to be the six (6) month anniversary of the closing of the Share Exchange and the new discount is based upon the ten (10) average closing bid prices for the ten (10) days immediately preceding the revised Automatic Conversion Date. Additionally, the Company offered an accelerated conversion feature, whereby the Notes are convertible within the first thirty (30) days of trading beginning after the closing of the Share Exchange, at a forty five percent (45%) discount to the lowest five (5) consecutive day average within the first thirty (30) days.   Lastly, the Company has modified the warrant exercise prices from $2.50 and $5.00 to 150% and 200%, respectively of the average closing bid prices for the five (5) days ending on the thirtieth (30th) calendar day after the closing of the Share Exchange.
 
 NOTE 7 – STOCKHOLDERS EQUITY
 
 Common stock
 On  June 25, 2010 the Company entered into a one year marketing agreement with a consultant to advise and assist the Company in developing and implementing appropriate marketing plans and materials for presenting the Company and its business plans, strategy and personnel; and assist and advise the Company with respect to its marketing strategies and introducing the Company to strategic synergistic marketing firms. Pursuant to the terms of the agreement, the Company issued 2 million shares of common stock to the consultant.  The shares were issued form the 2010 Employee Stock Option Incentive Plan.  The Company valued the shares at $220,000 based on the market value of the common stock on the date of the agreement.  The Company is amortizing the $220,000 over the life of the agreement and accordingly has expensed $18,333 for the three months ended July 31, 2010.
 
 On July 13, 2010 the Company issued 1,567,370 shares of common stock in payment of $156,737 of accrued and unpaid liabilities.  The shares were valued at $0.10 per share, the market price of the common stock on the date issued.  Of the shares issued, 600,000 and 800,000 were issued to the CEO and CFO respectively for accrued management fees of $60,000 and $80,000 respectively.
 
 On July 19, 2010, 93,268,564 common shares were issued pro-rata to shareholders of the Company as of the record date of July 16, 2010, pursuant to the directors of the Company having approved on July 2, 2010 a special resolution to undertake a dividend of the common stock of the Company on a 2 additional new shares for each share of common stock outstanding, and changed its capitalization from 300,000,000 to 900,000,000 common shares with a par value of $0.001 per share. No preferred shares have been authorized or issued.
 
 
 11
 
 
 NOTE 7 – STOCKHOLDERS EQUITY(continued)
 
 Options
 On January 29, 2010 the Board of Directors of the Company authorized the 2010 Employee Incentive Stock Option Plan (the “Esop”).  Under the terms of the Esop, 5,500,000 shares of common stock of the Company were reserved for issuance.  On June 25, 2010 the Company granted options to purchase 3,500,000 shares of common stock of the Company under the 2010 ESOP. The options have an exercise price of $0.11 per share and expire on June 25, 2013.  Included in the grants, Mr. Fong, the CEO of the Company received warrants to purchase 1,129,032 shares of common stock, and Mr. Hollander, the CFO received warrants to purchase 752,688 shares of common stock.  The Company valued all of the options at $0.035 per share, based upon the Black Scholes formula, and accordingly has included $122,500 as stock compensation expense for the three months ended July 31, 2010.
 
 On April 30, 2010 the Board of Directors of the Company approved the 2010 Option Incentive Plan (the “2010 Option Plan”).  Under the terms of the 2010 Option Plan there are 3,000,000 shares of common stock reserved for issuance.  As of July 31, 2010 there have not been any grants of any options or shares of common stock under the 2010 Option Plan.
 
 
 Warrants
 
 A summary of the activity of the Company’s outstanding warrants at April 30, 2010 and July 31, 2010 is as follows:
 
 Warrants

Weighted-average exercise price

Weighted-average grant date fair valueOutstanding and exercisable at April 30, 2010

2,574,034

$          0.23

$       0.037Granted

-

-

-Expired

-

-

-Exercised

-

-

-Outstanding and exercisable at July 31, 2010

2,574,034

$          0.23

$       0.037
 
 
 
 The following table sets forth the exercise price range, number of shares, weighted average exercise price and remaining contractual lives of the warrants by groups as of July 31, 2010:
 
 Exercise price range

Number of options outstanding

Weighted-average exercise price

Weighted-average remaining life$0.01

340,000

$       0.01

.24 years$0.16 to $0.34

2,234,034

0.24

1.58 years2,574,034

$       0.23

1.82 years
 NOTE 8 – RELATED PARTY TRANSACTIONS
 
 During the three months ended July 31, 2010, the Company received advances from Officers, Directors and Companies that they are affiliated with in the amount of $11,030.  As of July 31, 2010 the Company owed a balance of $62,769 to related parties.  These loans bear interest at 8% per annum and are repayable on demand.
 
 12
 
 
 NOTE 9 - PROPERTY AND EQUIPMENT
 
 The company owns no property nor leases office space.  The office space is shared with other companies that the President and Chief Financial Officer are affiliated with.
 NOTE 10 – INCOME TAXES
 
 As of July 31, 2010, the Company had net operating loss carry forwards of approximately $1,670,000 that may be available to reduce future years’ taxable income and will expire commencing in 2027.  Availability of loss usage is subject to change of ownership limitations under Internal Revenue Code 382. Future tax benefits which may arise as a result of these losses have not been recognized in these financial statements, as their realization is determined not likely to occur and, accordingly, the Company has recorded a full valuation allowance for the deferred tax asset relating to these tax loss carryforwards.
 
 
 
 
 
 
 
 13
 
 ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
 
 
 Overview
 
 The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our financial statements and related notes included elsewhere in this report.
 
 This interim report contains forward looking statements relating to our Company's future economic performance, plans and objectives of management for future operations, projections of revenue mix and other financial items that are based on the beliefs of, as well as assumptions  made  by and  information currently known to, our management. The words "expects", "intends", "believes", "anticipates", "may", "could", "should" and similar expressions and variations thereof are intended to identify forward-looking statements. The cautionary statements set forth in this section are intended to emphasize that actual results may differ materially from those contained in any forward looking statement.
 
 Our auditor's report on our April 30, 2010 financial statements expresses an opinion that substantial doubt exists as to whether we can continue as an ongoing business. If our officers and directors are unwilling or unable to loan or advance us additional capital, we believe that if we do not raise additional capital over the next 12 months, we may be required to suspend or cease the implementation of our business plans.  See "April 30, 2010 Audited Financial Statements - Auditors Report."
 
 As of July 31, 2010, we had $22 cash on hand and in the bank.  Management believes this amount will not satisfy our cash requirements for the next twelve months or until such time that additional proceeds are raised.  We plan to satisfy our future cash requirements - primarily the working capital required for the continuing development of our website and marketing campaign and to offset legal and accounting fees - by additional equity financing, or debt financing.  This may be in the form of private placements of common stock, or issuance of convertible notes, either of which will cause dilution to our existing shareholders.
 
 Management believes that if subsequent private placements are successful, which in turn may enable us to increase our membership, which may generate sales revenue within the following twelve months thereafter.  However, additional equity or debt financing may not be available to us on acceptable terms or at all, and thus we could fail to satisfy our future cash requirements.
 
 If we are unsuccessful in raising the additional proceeds through a private placement or debt offering we will then have to seek capital from other sources, which may not even be available to the Company.  However, if such financing were available, we would likely have to pay additional costs associated with high risk loans and be subject to an above market interest rate. At such time these funds are required, management will evaluate the terms of such debt financing and determine whether the business could sustain operations and growth and manage the debt load. If we cannot raise additional proceeds via a private placement of our common stock or secure debt financing we would be required to cease business operations.  As a result, investors in Techs Loanstar's common stock could lose all of their investment.
 
 The Company did not generate any revenue during the three months ended July 31, 2010 and has generated only nominal revenue since inception. Total operating expenses for the three months ending July 31, 2010 and 2009 were $266,218 and $94,358 respectively. Total other expenses for the three months ended July 31, 2010 and 2009 were $5,789 and $33,134 respectively, resulting in a net loss for the three months ended July 31, 2010 and 2009 of $272,007 and $127,492 respectively..
 
 Revenues from inception have been $5,374. Total operating expenses since inception of $1,267,345 and other expenses of $560,440 have resulted in losses since inception of $1,827,785.
 
 Operating expenses for the three months ended July 31, 2010 and 2009 are comprised of:
 
 2010


2009Salaries

$
60,000


$
52,500Stock compensation expense


122,500



-Amortization of license


-



25,000General and administrative costs


65,385



4,858Professional fees and consulting


18,333



12,000Total

$
266,218


$
94,358
 14
 The Company has month-to-month arrangements with Henry Fong and Barry Hollander for their management services, whereby it pays Mr. Fong $10,000 in consideration of his services to the Company as President and Mr. Hollander $10,000 a month in consideration of his services as Chief Financial Officer. The amounts are paid when the Company has available funds, and in the absence of such funds the Company accrues the monthly fee.
 
 We have signed a license agreement with ZZI whereby we acquired, for a license fee of $1,000,000, an exclusive 10-year license to use ZZI’s social network database and advertising revenue-sharing model in the United States.  Initially, the Company was amortizing the license over its 10 year life.  Since the Company has not been able to generate any significant revenue, the Company evaluated the recoverability of the cost of license. Our evaluation was based upon, among other things, our assumptions about the estimated future cash flows that the asset are reasonably expected to generate.  When that amount exceeds the carrying value of the asset, we will recognize an impairment loss to the extent the carrying value exceeds the fair value.  We apply our best judgment in our determination.  As of April 30, 2010 management determined that an impairment charge should be recorded for the remaining carrying value of its license and accordingly has included in other expenses an impairment charge of $808,333 for the period ending April 30, 2010.
 
 We anticipate that our current cash and cash equivalents and cash generated from financing activities will be insufficient to satisfy our liquidity requirements for the next 12 months.  We expect to incur development, marketing, professional and administrative expenses as well expenses associated with maintaining our SEC filings. We will require additional funds during this time and will seek to raise the necessary additional capital. If we are unable to obtain additional financing, we may be required to reduce the scope of our business development activities, which could harm our business plans, financial condition and operating results.  Additional funding may not be available on favorable terms, if at all.
 
 
 ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
 
 We are a smaller reporting company as defined by Rule 12b-2 of the Securities Act of 1934 and are not required to provide the information under this item.
 
 ITEM 4. CONTROLS AND PROCEDURES
 
 Our management is responsible for establishing and maintaining adequate internal control over financial reporting.  Internal control over financial reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Securities Exchange Act of 1934 as a process designed by, or under the supervision of, the company's principal  executive  and  principal  financial  officers  and  effected  by the company's  board of  directors,  management  and  other  personnel,  to  provide reasonable  assurance  regarding the reliability of financial  reporting and the preparation  of financial  statements for external  purposes in accordance  with accounting  principles  generally  accepted in the United  States of America and includes those policies and procedures that:
 
 -  Pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of the Company;
 
 -  Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with accounting principles generally accepted in the United States of America and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and
 
 -  Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the company's assets that could have a material effect on the financial statements.
 
 Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements.  Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.  All internal control systems, no matter how well designed, have inherent limitations.  Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation.  Because of the inherent limitations of internal control, there is a risk that material misstatements may not be prevented or detected on a timely basis by internal control over financial reporting.  However, these inherent limitations are known features of the financial reporting process. Therefore, it is possible to design into the process safeguards to reduce, though not eliminate, this risk.
 
 15
 As of July 31, 2010 management assessed the effectiveness  of our internal control over financial  reporting  based on the criteria for effective  internal control over financial reporting established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission  ("COSO") and SEC guidance on conducting such assessments.  Based on that evaluation, they concluded that, during the period covered by this report, such internal controls and procedures were not effective to detect the inappropriate application of US GAAP rules as more fully described below.  This was due to deficiencies that existed in the design or operation of our internal controls over financial reporting that adversely affected our internal controls and that may be considered to be material weaknesses.
 
 The matters involving internal controls and procedures that our management considered to be material  weaknesses  under the standards of the Public Company Accounting  Oversight Board were: (1) lack of a functioning  audit committee due to a lack of a majority of  independent  members  and a lack of a  majority of outside directors on our board of directors, resulting in ineffective oversight in the establishment and monitoring of required  internal  controls and procedures; (2) inadequate segregation of duties consistent with control objectives; and (3) ineffective controls over period end financial  disclosure and reporting processes.  The aforementioned material weaknesses were identified by our Chief Executive Officer in connection with the review of our financial statements as of July 31, 2010.
 
 Management believes that the material weaknesses set forth in items (2) and (3) above did not have an effect on our financial results.  However, management believes that the lack of a functioning  audit committee  and the lack of a majority of outside  directors on our board of directors  results in ineffective oversight in the  establishment and monitoring of required internal controls and procedures, which could result in a material misstatement in our financial statements in future periods.
 
 In an effort to remediate the identified material weaknesses and other deficiencies and enhance our internal controls, we have initiated, or plan to initiate, the following series of measures:
 
 We will create a position to segregate duties consistent with control objectives and will increase our personnel resources and technical accounting expertise within the accounting function when funds are available to us. And, we plan to appoint one or more outside directors to our board of directors who shall be appointed to an audit committee resulting in a fully functioning audit committee who will undertake the oversight in the establishment and monitoring of required internal controls and procedures such as reviewing and approving estimates and assumptions made by management when funds are available to us.
 
 Management believes that the appointment of one or more outside directors, who shall be appointed to a fully functioning audit committee, will remedy the lack of a functioning audit committee and a lack of a majority of outside directors on our Board.
 
 We will continue to monitor and evaluate the effectiveness of our internal controls and procedures and our internal controls over financial reporting on an ongoing basis and are committed to taking further action and implementing additional enhancements or improvements, as necessary and as funds allow.
 
 There was no change in our internal controls over financial reporting that occurred during the period covered by this report, which has materially affected, or is reasonably likely to materially affect, our internal controls over financial reporting.
 
 
 PART II. OTHER INFORMATION
 
 Item 1. LEGAL PROCEEDINGS
 
 None.
 
 Item 1A. RISK FACTORS
 
 We are a smaller reporting company as defined by Rule 12b-2 of the Securities Act of 1934 and are not required to provide the information under this item.
 
 
 Item 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
 
 On June 25, 2010, the Company issued 2 million shares of common stock for consulting services, pursuant to a marketing consulting agreement.
 
 On July 13, 2010, the Company issued 1,567,370 shares of common stock in settlement of $156,737 of accrued liabilities.
 
 On July 19, 2010, the Company issued 93,268,564 shares of common stock as a result of a stock dividend where shareholders of record, as of July 16, 2010, received 2 additional shares of common stock for each share of common stock owned.
 
 16
 The sales of the securities identified above were made pursuant to privately negotiated transactions that did not involve a public offering of securities and, accordingly, we believe that these transactions were exempt from the registration requirements of the Securities Act pursuant to Section 4(2) of the Securities Act and Rule 506 of Regulation D. The agreements executed in connection with this sale contain representations to support the Company’s reasonable belief that the Investor had access to information concerning the Company’s operations and financial condition, the Investor acquired the securities for their own account and not with a view to the distribution thereof in the absence of an effective registration statement or an applicable exemption from registration, and that the Investor are sophisticated within the meaning of Section 4(2) of the Securities Act and are “accredited investors” (as defined by Rule 501 under the Securities Act). In addition, the issuances did not involve any public offering; the Company made no solicitation in connection with the sale other than communications with the Investor; the Company obtained representations from the Investor regarding their investment intent, experience and sophistication; and the Investor either received or had access to adequate information about the Company in order to make an informed investment decision.  All of the foregoing securities are deemed restricted securities for purposes of the Securities Act.
 
 ITEM 3. DEFAULTS UPON SENIOR SECURITIES
 
 None.
 
 ITEM 4.  (REMOVED AND RESERVED)
 
 None.
 
 
 ITEM 5.  OTHER INFORMATION
 
 None
 
 ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K
 
 (a)Exhibit index
 
 
 Exhibit31.1
Certification of Chief Executive Officer required by Rule 13a-14(a) or Rule 15d-14(a) under the Securities Exchange Act of 1934, as amended.31.2
Certification of Chief Financial Officer required by Rule 13a-14(a) or Rule 15d-14(a) under the Securities Exchange Act of 1934, as amended.32.1
Certification of Chief Executive Officer required by Rule 13a-14(b) or Rule 15d-14(b) under the Securities Exchange Act of 1934, as amended, and 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.32.2
Certification of Chief Financial Officer required by Rule 13a-14(b) or Rule 15d-14(b) under the Securities Exchange Act of 1934, as amended, and 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
 
 (b)         Reports on Form 8-K.  During the fiscal quarter ended July 31, 2010, the Company filed a Current Report on Form 8-K, on July 19, 2010 and Form 8-K/A on July 21, 2010.
 
  17
  SIGNATURES
  Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
  Dated: September 14, 2010
  TECHS LOANSTAR, INC.By:/s/ Henry FongHenry FongPresident, Secretary Treasurer, Director(Principal Executive Officer)
 
 18