----

----

|  (Mark One)                                                                                |                                                |   |
|-------------------------------------------------------------------------------------------------|-----------------------------------------------------|--------|
|                                                                                            |                                                |   |
|  xQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  |
|                                                                                            |                                                |   |
|                                                                                            |   For the quarterly period ended June 30, 2010 |   |
|                                                                                            |   or                                           |   |
|                                                                                            |                                                |   |
|  oTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |

|   |   For the transition period from: _____________ to _____________ |   |
|--------|-----------------------------------------------------------------------|--------|
|   |                                                                  |   |
|   |  Commission File number: 333-148697                              |   |

| Florida                                                       |   | 20-8715508                       |
|---------------------------------------------------------------|--------|----------------------------------|
| (State or other jurisdiction ofIncorporation or organization) |   | (IRS EmployeeIdentification No.) |

| Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required                                                                                                                                                                            |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes þ No  o                                                                                                                                                                                                                                                                                                |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| 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  o No þ |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of “large accelerated filer,” “accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):                                                                                 |

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

| State the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: |
|----------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                             |   |   |   |   |
| Class                                                                                                                            |   | Shares outstanding |   | Date |
| Common, $.00014 par value                                                                                                        |   | 516,953,806 |   | August 13, 2010 |

----

| Part I -  Financial Information |                                                              |   |   |   |
|--------------------------------------|-------------------------------------------------------------------|--------|--------|--------|
|                                 |                                                              |   |   |   |
| Item 1.                              | Unaudited Financial Statements                                    |   |   | 3      |   |
|                                 |                                                              |   |   |   |   |
|                                 | Balance Sheets                                               |   |   | 3      |   |
|                                 |                                                              |   |   |   |   |
|                                 | Statements of Operations                                     |   |   | 2      |   |
|                                 |                                                              |   |   |   |   |
|                                 | Statements of Changes in Stockholders’ Deficit              |   |   | 3      |   |
|                                 |                                                              |   |   |   |   |
|                                 | Statements of Cash Flows                                     |   |   | 4      |   |
|                                 |                                                              |   |   |   |   |
|                                 | Notes to Unaudited Financial Statements                      |   |   | 6      |   |
|                                 |                                                              |   |   |   |   |
| Item 2                               | Management's Discussion and Analysis or Plan of Operation         |   |   | 10     |   |
|                                 |                                                              |   |   |   |   |
| Item 3.                              | Quantitative and Qualitative Disclosures About Market Risk   |   |   | 11     |   |
|                                 |                                                              |   |   |   |   |
| Item 4.                              | Controls and Procedures                                           |   |   | 11     |   |
|                                 |                                                              |   |   |   |   |
| Part II - Other Information          |                                                              |   |   |   |   |
|                                 |                                                              |   |   |   |   |
| Item 1.                         | Legal Proceedings                                            |   |   | 12     |   |
|                                 |                                                              |   |   |   |   |
| Item 2.                         | Unregistered Sales of Equity Securities and Use of Proceeds  |   |   | 12     |   |
|                                 |                                                              |   |   |   |   |
| Item 3.                         | Defaults Upon Senior Securities                                   |   |   | 12     |   |
|                                 |                                                              |   |   |   |   |
| Item 4.                         | Submission of Matters to a Vote of Security Holders          |   |   | 12     |   |
|                                 |                                                              |   |   |   |   |
| Item 5.                         | Other Information                                            |   |   | 12     |   |
|                                 |                                                              |   |   |   |   |
| Item 6.                         | Exhibits                                                          |   |   | 12     |   |

----

| INSIGHT MANAGEMENT CORPORATION                                            |
|---------------------------------------------------------------------------|
| (A Development Stage Company)                                             |
| ---------------                                                           |
| BALANCE SHEETS                                                            |
|                                                                      |   |   |   |   |   |   |
|                                                                      |   | June 30, |   |   | December 31, |   |
|                                                                      |   | 2010 |   |   |   | 2009 |   |
|                                                                      |   | (Unaudited) |   |   | (Audited) |   |
| ASSETS                                                                    |   |   |   |   |   |   |   |
|                                                                      |   |   |   |   |   |   |   |
| CURRENT ASSETS:                                                           |   |   |   |   |   |   |   |
| Cash and cash equivalents                                                 | $  | 26 |   |   | $ | 3,273 |   |
| Other current assets                                                      |   | 1,773 |   |   |   | - |   |
| Total current assets                                                      |   | 1,799 |   |   |   | 3,273 |   |
|                                                                      |   |   |   |   |   |   |   |
| EQUIPMENT, net of accumulated depreciation                                |   | - |   |   |   | 4,330 |   |
|                                                                      |   |   |   |   |   |   |   |
| TOTAL ASSETS                                                              | $  | 1,799 |   |   | $ | 7,603 |   |
|                                                                      |   |   |   |   |   |   |   |
| LIABILITIES AND STOCKHOLDERS' DEFICIT                                     |   |   |   |   |   |   |   |
|                                                                      |   |   |   |   |   |   |   |
| CURRENT LIABILITIES:                                                      |   |   |   |   |   |   |   |
| Accounts payable and accrued expenses                                     | $  | 508,200 |   |   | $ | 313,855 |   |
| Accounts payable - related party                                          |   | 5,000 |   |   |   | 5,000 |   |
| Short-term notes payable                                                  |   | 61,296 |   |   |   | 51,296 |   |
| Short-term notes payable - related party                                  |   | 28,000 |   |   |   | 13,000 |   |
| Convertible notes payable - related party                                 |   | 30,500 |   |   |   | - |   |
| Total current liabilities                                                 |   | 632,996 |   |   |   | 383,151 |   |
|                                                                      |   |   |   |   |   |   |   |
| STOCKHOLDERS' DEFICIT:                                                    |   |   |   |   |   |   |   |
| Common stock, $0.00014 par value; 1,000,000,000 shares                    |   |   |   |   |   |   |   |
| authorized, 516,953,806 shares issued and outstanding                     |   | 72,374 |   |   |   | 72,374 |   |
| Additional paid-in capital                                                |   | 890,732 |   |   |   | 875,732 |   |
| Accumulated deficit                                                       |   | (1,184,056 | ) |   |   | (1,184,056 | ) |
| Deficit accumulated during re-entry to development stage                  |   | (410,247 | ) |   |   | (139,598 | ) |
| Total stockholders' deficit                                               |   | (631,197 | ) |   |   | (375,548 | ) |
|                                                                      |   |   |   |   |   |   |   |
| TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                               | $  | 1,799 |   |   | $ | 7,603 |   |
|                                                                      |   |   |   |   |   |   |   |
|                                                                      |   |   |   |   |   |   |   |
| The accompanying notes are an integral part of these financial statements |   |
|                                                                      |   |   |   |   |   |   |   |
|                                                                      |   |   |   |   |   |   |   |
|                                                                      |   |   |   |   |   |   |   |

----

| INSIGHT MANAGEMENT CORPORATION                                            |   |
|---------------------------------------------------------------------------|--------|
| (A Development Stage Company)                                             |   |
|                                                                      |
| STATEMENTS OF OPERATIONS                                                  |   |
| (Unaudited)                                                               |   |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   | Re-entry to |   |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   | Development Stage |   |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   | (October 1, 2009) |   |
|                                                                      |   | Three Months Ended |   |   | Six Months Ended |   |   | Through |   |
|                                                                      |   | June 30, |   |   | June 30, |   |   | June 30, 2010 |   |
|                                                                      |   |   | 2010 |   |   |   | 2009 |   |   |   | 2010 |   |   |   | 2009 |   |   | (Note 2) |   |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| REVENUES                                                                  |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |
| Total revenues                                                            |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| COSTS AND EXPENSES:                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Consulting fees                                                           |   |   | 50,000 |   |   |   | 21,000 |   |   |   | 65,263 |   |   |   | 102,550 |   |   |   | 75,263 |   |
| Consulting fees - related party                                           |   |   | - |   |   |   | 5,000 |   |   |   | - |   |   |   | 10,000 |   |   |   | - |   |
| Compensation                                                              |   |   | 56,516 |   |   |   | 30,799 |   |   |   | 93,218 |   |   |   | 58,942 |   |   |   | 139,496 |   |
| Contracted labor                                                          |   |   | - |   |   |   | 29,200 |   |   |   | - |   |   |   | 44,200 |   |   |   | 21,050 |   |
| Professional fees                                                         |   |   | 39,254 |   |   |   | 42,153 |   |   |   | 75,690 |   |   |   | 70,633 |   |   |   | 124,800 |   |
| Other operating expenses                                                  |   |   | 6,048 |   |   |   | 9,115 |   |   |   | 11,241 |   |   |   | 19,703 |   |   |   | 24,158 |   |
| Loss on disposal of equipment                                             |   |   | 1,825 |   |   |   | 1,453 |   |   |   | 1,825 |   |   |   | 1,453 |   |   |   | 1,825 |   |
| Depreciation and amortization                                             |   |   | 145 |   |   |   | 285 |   |   |   | 425 |   |   |   | 699 |   |   |   | 668 |   |
| Total cost and expenses                                              |   |   | 153,788 |   |   |   | 139,005 |   |   |   | 247,662 |   |   |   | 308,180 |   |   |   | 387,260 |   |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| OTHER INCOME (EXPENSE):                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest expense                                                          |   |   | (10,254 | ) |   |   | (1,018 | ) |   |   | (22,987 | ) |   |   | (1,018 | ) |   |   | (22,987 | ) |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| NET (LOSS)                                                                |   | $ | (164,042 | ) |   | $ | (140,023 | ) |   | $ | (270,649 | ) |   | $ | (309,198 | ) |   | $ | (410,247 | ) |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| BASIC AND DILUTED NET (LOSS) PER                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| COMMON SHARE                                                              |   | $ | (0.00 | ) |   | $ | (0.00 | ) |   | $ | (0.00 | ) |   | $ | (0.00 | ) |   |   |   |   |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| WEIGHTED AVERAGE NUMBER OF                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| COMMON SHARES OUTSTANDING                                                 |   |   | 516,953,806 |   |   |   | 502,380,672 |   |   |   | 516,953,806 |   |   |   | 493,261,195 |   |   |   |   |   |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| The accompanying notes are an integral part of these financial statements |   |

----

| INSIGHT MANAGEMENT CORPORATION                                            |
|---------------------------------------------------------------------------|
| (A Development Stage Company)                                             |
|                                                                      |   |   |   |   |   |   |   |   |
| STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT                            |
| (Unaudited)                                                               |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                      |   |   |   |   |   |   |   |   |   |   | Deficit |   |   |
|                                                                      |   |   |   |   |   |   |   |   |   |   | Accumulated |   |   |
|                                                                      |   |   |   |   | Stock |   | Additional |   |   | During Re-entry to |
|                                                                      | Common Stock |   | Subscription | Paid-In |   | Accumulated | Development Stage |
|                                                                      | Shares |   | Amount |   | Receivable |   | Capital |   | Deficit |   | (Note 2) |   | Total |
| Balances, October 1, 2009 -                                               |   |   |   |   |   |   |   |   |   |   |   |   |
|     re-entry to development stage                     |   515,453,806 |   |  $        72,164 |   |  $      (24,340) |   |  $     810,482 |   |  $ (1,184,056) |   |  $                           - |   |  $    (325,750) |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Payment of subscription                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     receivable                                        |                      - |   |                      - |   |           24,340 |   |                     - |   |                     - |   |                               - |   |           24,340 |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shareholder contribution                                                  |                      - |   |                      - |   |                     - |   |           35,460 |   |                     - |   |                               - |   |           35,460 |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares issued for services                                                |       1,500,000 |   |                 210 |   |                - |   |           29,790 |   |                     - |   |                               - |   |           30,000 |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss                                                                  |                      - |   |                      - |   |                     - |   |                     - |   |                     - |   |                 (139,598) |   |        (139,598) |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balances, December 31, 2009                                               |   516,953,806 |   |  $        72,374 |   |  $                 - |   |  $     875,732 |   |  $ (1,184,056) |   |  $             (139,598) |   |  $    (375,548) |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shareholder contribution                                                  |                      - |   |                      - |   |                     - |   |           15,000 |   |                     - |   |                               - |   |           15,000 |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss                                                                  |                      - |   |                      - |   |                     - |   |                     - |   |                     - |   |                 (270,649) |   |        (270,649) |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balances, June 30, 2010                                                   |   516,953,806 |   |  $        72,374 |   |  $                 - |   |  $     890,732 |   |  $ (1,184,056) |   |  $             (410,247) |   |  $    (631,197) |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| The accompanying notes are an integral part of these financial statements |

----

| INSIGHT MANAGEMENT CORPORATION                                              |
|-----------------------------------------------------------------------------|
| (A Development Stage Company)                                               |
|                                                                        |   |   |   |   |   |   |   |   |   |
| STATEMENTS OF CASH FLOWS                                                    |
|                                                                        |   |   |   |   |   |   |   |   |   |
|                                                                        |   |   |   |   |   |   |   |   |   |
|                                                                        |   |   |   |   |   |   |   | Re-entry to |   |
|                                                                        |   |   |   |   |   |   |   | Development Stage |   |
|                                                                        |   |   |   |   |   |   |   | (October 1, 2009) |   |
|                                                                        |   | Six Months Ended |   |   | Through |   |
|                                                                        |   | June 30, |   |   | June 30, 2010 |   |
|                                                                        |   |   | 2010 |   |   |   | 2009 |   |   | (Note 2) |   |
| CASH FLOWS FROM OPERATING ACTIVITIES:                                       |   |   |   |   |   |   |   |   |   |   |   |
| Net loss                                                                    |   | $ | (270,649 | ) |   | $ | (309,198 | ) |   | $ | (410,247 | ) |
| Adjustments to reconcile net loss to net cash used by operating activities: |   |   |   |   |   |   |   |   |   |
| Impairment of subscription receivable                                       |   |   | - |   |   |   | 3,100 |   |   |   | - |   |
| Loss on disposal of equipment                                               |   |   | 1,825 |   |   |   | 1,453 |   |   |   | 1,825 |   |
| Shares issued for services                                                  |   |   | - |   |   |   | - |   |   |   | 30,000 |   |
| Depreciation and amortization                                               |   |   | 425 |   |   |   | 699 |   |   |   | 668 |   |
| Change in operating assets and liabilities:                                 |   |   |   |   |   |   |   |   |   |   |   |   |
| Accounts receivable                                                         |   |   | - |   |   |   | 4,938 |   |   |   | - |   |
| Other current assets                                                        |   |   | (1,773 | ) |   |   | (1,499 | ) |   |   | (1,773 | ) |
| Other non-current assets                                                    |   |   | - |   |   |   | - |   |   |   | - |   |
| Accounts payable and accrued expenses                                       |   |   | 196,425 |   |   |   | 84,684 |   |   |   | 252,743 |   |
| NET CASH USED BY OPERATING ACTIVITIES                                       |   |   | (73,747 | ) |   |   | (215,823 | ) |   |   | (126,784 | ) |
|                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |
| CASH FLOWS FROM INVESTING ACTIVITIES:                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| Net cash acquired from acquisitions                                         |   |   | - |   |   |   | 160,142 |   |   |   | - |   |
| Purchase of equipment                                                       |   |   | - |   |   |   | - |   |   |   | (250 | ) |
| Proceeds from disposal of equipment                                         |   |   | - |   |   |   | 699 |   |   |   | - |   |
| NET CASH USED BY INVESTING ACTIVITIES                                       |   |   | - |   |   |   | 160,841 |   |   |   | (250 | ) |
|                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITIES:                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| Proceeds from short-term notes payable                                      |   |   | 10,000 |   |   |   | 34,000 |   |   |   | 40,296 |   |
| Proceeds from short-term notes payable - related party                      |   |   | 15,000 |   |   |   | - |   |   |   | 15,000 |   |
| Proceeds from convertible notes payable - related party                     |   |   | 30,500 |   |   |   | - |   |   |   | 30,500 |   |
| Proceeds from sale of common stock                                          |   |   | - |   |   |   | 229,766 |   |   |   | - |   |
| Receipts from stock stock subscription receivable                           |   |   | - |   |   |   | - |   |   |   | 24,340 |   |
| Shareholder contribution                                                    |   |   | 15,000 |   |   |   | - |   |   |   | 15,000 |   |
| NET CASH PROVIDED BY FINANCING ACTIVITIES                                   |   |   | 70,500 |   |   |   | 263,766 |   |   |   | 125,136 |   |
|                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |
| NET CHANGE IN CASH AND CASH EQUIVALENTS                                     |   |   | (3,247 | ) |   |   | 208,784 |   |   |   | (1,898 | ) |
| CASH AND CASH EQUIVALENTS, beginning of period                              |   |   | 3,273 |   |   |   | 16,759 |   |   |   | 1,924 |   |
|                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |
| CASH AND CASH EQUIVALENTS, end of period                                    |   | $ | 26 |   |   | $ | 225,543 |   |   | $ | 26 |   |
|                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |
| The accompanying notes are an intergral part of these financial statements  |
|                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |

----

| INSIGHT MANAGEMENT CORPORATION                                             |
|----------------------------------------------------------------------------|
| (A Development Stage Company)                                              |
|                                                                       |   |   |   |   |   |   |
| STATEMENTS OF CASH FLOWS (continued)                                       |
| (unaudited)                                                                |
|                                                                       |   |   |   |   |   |   |
|                                                                       |   |   |   |   |   |   |
|                                                                       |   |   |   |   | Re-entry to |   |
|                                                                       |   |   |   |   | Development Stage |   |
|                                                                       |   |   |   |   | (October 1, 2009) |   |
|                                                                       | Six Months Ended |   | Through |   |
|                                                                       | June 30, |   | June 30, 2010 |   |
|                                                                       |   |   | 2010 |   |   |   | 2009 |   | (Note 2) |   |
|                                                                       |   |   |   |   |   |   |   |   |   |   |
| SUPPLEMENTAL DISCLOSURES OF NON-CASH FINANCING                             |   |   |   |   |   |   |   |   |   |   |
| TRANSACTIONS:                                                              |   |   |   |   |   |   |   |   |   |   |
| Accrued expenses retired in exchange for equipment                         |   | $ | 2,080 |   |   | $ | - |   |   | $ | 2,080 |   |
| Short-term note payable assigned to related parties                        |   |   | - |   |   |   | - |   |   |   | 13,000 |   |
| Accounts payable acquired in reverse merger                                |   |   | - |   |   |   | 97,168 |   |   |   | - |   |
| Non-cash assets acquired/debt assumed from acquisition:                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Accounts receivable                                                        |   |   | - |   |   |   | 249,800 |   |   |   | - |   |
| Other current assets                                                       |   |   | - |   |   |   | 7,661 |   |   |   | - |   |
| Equipment                                                                  |   |   | - |   |   |   | 640,675 |   |   |   | - |   |
| Identifiable intangible assets                                             |   |   | - |   |   |   | 2,950,000 |   |   |   | - |   |
| Goodwill                                                                   |   |   | - |   |   |   | 645,764 |   |   |   | - |   |
| Accounts payable                                                           |   |   | - |   |   |   | 17,809 |   |   |   | - |   |
| Long term debt - current portion                                           |   |   | - |   |   |   | 2,234,537 |   |   |   | - |   |
| Conditional note payable                                                   |   |   | - |   |   |   | 2,401,692 |   |   |   | - |   |
| Stock issued for debt settlement/stock subscription receivable:            |   |   |   |   |   |   |   |   |   |   |   |   |
| Stock subscription receivable                                              |   |   | - |   |   |   | 39,340 |   |   |   | - |   |
| Accounts payable                                                           |   |   | - |   |   |   | (16,892 |   |   |   | - |   |
|                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| SUPPLEMENTAL DISCLOSURES:                                                  |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash paid for interest                                                     |   | $ | - |   |   | $ | - |   |   | $ | - |   |
| Cash paid for taxes                                                        |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| The accompanying notes are an intergral part of these financial statements |
|                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |

----

|         (A Development Stage Company) |
|-------------------------------------------------------------------------------|

|   |
|--------|

|  NOTES TO UNAUDITED FINANCIAL STATEMENTS |
|-----------------------------------------------|

| 1. | Basis of Financial Statement Presentation |
|----|-------------------------------------------|

| 2.  Development Stage Operations |
|--------------------------------------------|

| 3. | Recently Adopted and Issued Accounting Standards |
|----|--------------------------------------------------|

| 4. | Going Concern |
|----|---------------|

| 5. Discontinued Operations |
|----------------------------|

| As previously reported, on March 2, 2010, the RTI Sellers formally cancelled the RTI Stock Purchase Agreement with the Company dated June 30, 2009, due to the Company defaulting on the Purchase Agreement terms as of September 30, 2009 and subsequent extensions granted by the Sellers through modifications of the Purchase Agreement beginning October 1, 2009. Although formal termination of the Purchase Agreement did not occur until March 2, 2010, for accounting purposes the Company retrospectively recognized the loss of control and deconsolidation of RTI as effective upon the Company’s first default of the Purchase Agreement on October 1, 2009. Accordingly, there were no effects from this discontinued operation during the three and six month period ended June 30, 2010. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6. | Fair Value Measurements |
|----|-------------------------|

| ·   | Level 1. Observable inputs such as quoted market prices in active markets. |
|--------------------|----------------------------------------------------------------------------|

| ·   | Level 2. Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly, and |
|--------------------|-------------------------------------------------------------------------------------------------------------------------|

| ·   | Level 3. Unobservable inputs in which there is little or no market data, which require the reporting entity to |
|--------------------|----------------------------------------------------------------------------------------------------------------|

----

| 7. | Debt |
|----|------|

|        |   |          |   |                                                                    |   |     |   | Estimated Fair Value of                                                                                                                                                 |
|-------------|--------|---------------|--------|-------------------------------------------------------------------------|--------|----------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|        |   |          |   |                                                                    |   |     |   | Beneficial Conversion                                                                                                                                                   |
| Issue Dates |   | Interest Rate |   | Face Value                                                              |   | Due Date |   | Feature at Issue Date                                                                                                                                                   |
|        |   |          |   |                                                                    |   |     |   |                                                                                                                                                                    |
| 4/5/10      |   | 5%            |   |  $        2,500            |   | 10/5/10  |   |  $                        2,500            |
| 4/13/10     |   | 5%            |   |            3,000 |   | 10/13/10 |   |                            3,000 |
| 4/27/10     |   | 5%            |   |          12,000            |   | 10/27/10 |   |                          12,000            |
| 5/10/10     |   | 5%            |   |          13,000            |   | 11/15/10 |   |                          13,000            |
| Total       |   |          |   |  $      30,500                       |   |     |   |  $                      30,500                       |
|        |   |          |   |                                                                    |

----

| 8. | Related Party Transactions |
|----|----------------------------|

| 9. | Subsequent Events |
|----|-------------------|

| ● | Solid growth potential                                                       |
|---------|------------------------------------------------------------------------------|
| ● | Profitable                                                                   |
| ● | Opportunity to increase profits                                              |
| ● | Strong management team willing to stay on board for a minimum of three years |
| ● | Little or no debt on the books                                               |

----

----

| Number  |   | Description                                                                                                                                                                                                                                                          |
|---------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 31.1(1) |   | Certification of Chief Executive Officer and Principal Financial Officer of Insight Management Corporation Required by Rule 13a-14(1) or Rule 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |
|    |   |                                                                                                                                                                                                                                                                 |
| 32.1(1) |   | Certification of Chief Executive Officer and Principal Financial Officer of Insight Management Corporation Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and Section 1350 Of 18 U.S.C. 63                                                                |

| (1) | Filed herewith |
|-----|----------------|

|                  |   |                           |                                                   |
|-----------------------|--------|--------------------------------|--------------------------------------------------------|
|                  |   | INSIGHT MANAGEMENT CORPORATION |
|                  |   |                           |                                                   |
| Date: August 13, 2010 |   | By:                            | /s/ Kevin Jasper                                       |
|                  |   |                           | Kevin Jasper                                           |
|                  |   |                           | Chief Executive Officer andPrincipal Financial Officer |
|                  |   |                           |                                                   |

----

----