----

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| Nevada                                   |   | 20-4662814                           |
|------------------------------------------|--------|--------------------------------------|
| (State of Incorporation or organization) |   | (I.R.S. Employer Identification No.) |

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

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| CONDENSED BALANCE SHEETS                                  |   |   | 3      |   |
|-----------------------------------------------------------|--------|--------|--------|--------|
|                                                      |   |   |   |   |
| CONDENSED STATEMENTS OF OPERATIONS                        |   |   | 4      |   |
|                                                      |   |   |   |   |
| CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)    |   |   | 5      |   |
|                                                      |   |   |   |   |
| CONDENSED STATEMENTS OF CASH FLOW                         |   |   | 6      |   |
|                                                      |   |   |   |   |
| NOTES TO UNAUDITED CONDENSED INTERIM FINANCIAL STATEMENTS |   |   | 7      |   |

----

|                                                                                                                                  |   | October 31, 2010 |     |   | April 30, 2010 |   |
|---------------------------------------------------------------------------------------------------------------------------------------|--------|------------------|----------|--------|----------------|--------|
|                                                                                                                                  |   |             |     |   | (Audited)      |   |
| ASSETS                                                                                                                                |   |             |     |   |           |   |
|                                                                                                                                  |   |             |     |   |           |   |
| CURRENT ASSETS                                                                                                                        |   |             |     |   |           |   |
| Cash                                                                                                                                  |   | $                | 86       |   |           | $      | 158 |   |
| TOTAL ASSETS                                                                                                                          |   | $                | 86       |   |           | $      | 158 |   |
|                                                                                                                                  |   |             |     |   |           |   |   |   |
| LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)                                                                                  |   |             |     |   |           |   |   |   |
|                                                                                                                                  |   |             |     |   |           |   |   |   |
| CURRENT  LIABILITIES                                                                                                        |   |             |     |   |           |   |   |   |
| Accounts payable and accrued liabilities                                                                                              |   | $                | 15,040   |   |           | $      | 19,869 |   |
| Loans from Related Parties                                                                                                            |   |             | 52,086   |   |           |   | 60,350 |   |
| TOTAL CURRENT LIABILITIES                                                                                                             |   | $                | 67,126   |   |           | $      | 80,219 |   |
|                                                                                                                                  |   |             |     |   |           |   |   |   |
| STOCKHOLDERS’  EQUITY ( DEFICIT )                                                                                     |   |             |     |   |           |   |   |   |
| Capital stock                                                                                                                         |   |             |     |   |           |   |   |   |
| Authorized                                                                                                                            |   |             |     |   |           |   |   |   |
|        10,000,000 Preferred Shares, $0.001 par value, with zero issued and                         |   |             |     |   |           |   |   |   |
| outstanding                                                                                                                           |   |             |     |   |           |   |   |   |
|       200,000,000 shares of common stock, $0.001 par value,                                             |   |             |     |   |           |   |   |   |
| Issued and outstanding                                                                                                                |   |             |     |   |           |   |   |   |
|         68,000,000 shares of common stock at October 31, 2010 (189,500,000 on April 30, 2010) |   | $                | 68,000   |   |           | $      | 189,500 |   |
|         Additional Paid in Capital                                                            |   |             | (23,723  | )      |           |   | (170,125 | ) |
| Deficit accumulated during the development stage                                                                                      |   |             | (111,317 | )      |           |   | (99,436 | ) |
| TOTAL STOCKHOLDERS’ EQUITY/(DEFICIT)                                                                                            |   | $                | (67,040  | )      |           | $      | (80,061 | ) |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY/(DEFICIT)                                                                            |   | $                | 86       |   |           | $      | 158 |   |

----

|                                                 |   |             |             |   |             |    |              |             |   |    |             |   |   | Cumulative results |              |
|------------------------------------------------------|--------|------------------|------------------|--------|------------------|---------|-------------------|------------------|--------|---------|------------------|--------|--------|--------------------|-------------------|
|                                                 |   | Three months     |             |   | Three months     |    |              | Six months       |   |    | Six months       |   |   | from inception     |              |
|                                                 |   | ended            |             |   | ended            |    |              | ended            |   |    | ended            |   |   | (April 3, 2006) to |              |
|                                                 |   | October 31, 2010 |             |   | October 31, 2009 |    |              | October 31, 2010 |   |    | October 31, 2009 |   |   | October 31, 2010   |              |
| REVENUE                                              |   |             |             |   |             |    |              |             |   |    |             |   |   |               |              |
|                                                 |   |             |             |   |             |    |              |             |   |    |             |   |   |               |              |
| Revenues                                             |   | $                | -                |   |             | $       | -                 |             |   | $       | -                |   |   | $                  | -                 |   |   | $ | - |   |
| Total Revenues                                       |   | $                | -                |   |             | $       | -                 |             |   | $       | -                |   |   | $                  | -                 |   |   | $ | - |   |
|                                                 |   |             |             |   |             |    |              |             |   |    |             |   |   |               |              |   |   |   |   |   |
| EXPENSES                                             |   |             |             |   |             |    |              |             |   |    |             |   |   |               |              |   |   |   |   |   |
|                                                 |   |             |             |   |             |    |              |             |   |    |             |   |   |               |              |   |   |   |   |   |
| Office and general                                   |   | $                | 1,168            |   |             | $       | 661               |             |   | $       | 3,308            |   |   | $                  | 1,320             |   |   | $ | 27,600 |   |
| Professional Fees due to a related party             |   |             | 1,500            |   |             |    | 3,000             |             |   |    | 3,000            |   |   |               | 4,500             |   |   |   | 24,500 |   |
| Professional Fees                                    |   |             | 3,375            |   |             |    | 275               |             |   |    | 5,573            |   |   |               | 1,775             |   |   |   | 59.217 |   |
| Loss before income taxes                             |   | $                | 6,043            |   |             | $       | 3,936             |             |   | $       | 11,881           |   |   | $                  | 7,595             |   |   | $ | 111,317 |   |
| Provision for income taxes                           |   |             |             |   |             |    |              |             |   |    | -                |   |   |               | -                 |   |   |   | - |   |
| NET LOSS                                             |   | $                | (6,043           | )      |             | $       | (3,936            | )                |   | $       | (11,881          | )      |   | $                  | (7,595            | ) |   | $ | (111,317 | ) |
|                                                 |   |             |             |   |             |    |              |             |   |    |             |   |   |               |              |   |   |   |   |   |
| BASIC AND DILUTED LOSS PER COMMON SHARE              |   |  $          | -           |   |             |  $ | -            |             |   |  $ | -           |   |   |  $            | -            |   |   |   |   |   |
|                                                 |   |             |             |   |             |    |              |             |   |    |             |   |   |               |              |   |   |   |   |   |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING |   | $                | 68,000,000  |   |             | $       | 189,500,000  |             |   |    | 92,092,391  |   |   |               | 189,500,000  |   |   |   |   |   |

----

|                                        |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   |
|---------------------------------------------|--------|--------------|--------------|--------|------------|--------|----------|---------|--------|--------|--------------|--------|--------|-------------|---------|--------|--------|--------|
|                                        |   |         |         |   |       |   |     |    |   |   | Deficit      |   |   |        |    |
|                                        |   |         |         |   |       |   |     |    |   |   | accumulated  |   |   |        |    |
|                                        |   | Common Stock |         |   | Additional |   |     | Share   |   |   | during the   |   |   |        |    |
|                                        |   | Number of    |         |   |       |   |     | Paid-in |   |   | Subscription |   |   | development |    |   |   |   |
|                                        |   | shares       |         |   | Amount     |   |     | Capital |   |   | Receivable   |   |   | stage       |    |   | Total  |   |
| Balance, Inception April 3, 2006            |   |         | -            |   |       | $      | -        |    |   | $      | -            |   |   | $           | -       |   |   | $      | - |   |   | $ | - |   |
|                                        |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Common Stock issued at $0.00005 per         |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| share on April 26, 2006                     |   |         | 300,000,000  |   |       |   | 300,000  |    |   |   | (285,000     | )      |   |        | (15,000 | )      |   |   | - |   |   |   | - |   |
|                                        |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Net loss for the year April 30, 2006        |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   | (1,279 | ) |   |   | (1,279 | ) |
|                                        |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Balance, April 30, 2006                     |   |         | 300,000,000  |   |       | $      | 300,000  |    |   | $      | (285,000     | )      |   | $           | (15,000 | )      |   | $      | (1,279 | ) |   | $ | (1,279 | ) |
| Proceeds from Subscription Receivable       |   |         |         |   |       |   |     |    |   |   |         |   |   |        | 15,000  |   |   |   |   |   |   |   | 15,000 |   |
|                                        |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Common Stock issued at $0.00025 per         |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| share (May 1, 2006 & April 30, 2007)    |   |         | 49,500,000   |   |       |   | 49,500   |    |   |   | (37,125      | )      |   |        |    |   |   |   |   |   |   |   | 12,375 |   |
|                                        |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Net loss for the year April 30, 2007        |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   | (8,691 | ) |   |   | (8,691 | ) |
|                                        |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Balance, April 30, 2007                     |   |         | 349,500,000  |   |       | $      | 349,500  |    |   | $      | (322,125     | )      |   | $           | -       |   |   | $      | (9,970 | ) |   | $ | 17,405 |   |
| Net loss for the year April 30, 2008        |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   | (25,000 | ) |   |   | (25,000 | ) |
|                                        |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Balance, April 30, 2008                     |   |         | 349,500,000  |   |       | $      | 349,500  |    |   | $      | (322,125     | )      |   | $           | -       |   |   | $      | (34,970 | ) |   | $ | (7,595 | ) |
| Common Stock redeemed at $0.00005           |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| on March 18, 2009                           |   |         | (160,000,000 | )      |       |   | (160,000 | )       |   |   | 152,000      |   |   |        |    |   |   |   |   |   |   |   | (8,000 | ) |
|                                        |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Net loss for the year April 30, 2009        |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   | (37,303 | ) |   |   | (37,303 | ) |
|                                        |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Balance, April 30, 2009                     |   |         | 189,500,000  |   |       | $      | 189,500  |    |   | $      | (170,125     | )      |   | $           | -       |   |   | $      | (72,273 | ) |   | $ | (52,898 | ) |
| Net loss for the year April 30, 2010        |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   | (27,163 | ) |   |   | (27,163 | ) |
|                                        |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Balance, April 30, 2010                     |   |         | 189,500,000  |   |       | $      | 189,500  |    |   | $      | (170,125     | )      |   | $           | -       |   |   | $      | (99,436 | ) |   | $ | (80,061 | ) |
| Common Stock redeemed & cancelled       |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| - June 8, 2010, for $100 per agreement      |   |         | (121,500,000 | )      |       |   | (121,500 | )       |   |   | 121,400      |   |   |        |    |   |   |   |   |   |   |   | (100 | ) |
| Forgiveness of related party debt 6/8/10    |   |         |         |   |       |   |     |    |   |   | 25,002       |   |   |        |    |   |   |   |   |   |   |   | 25,002 |   |
|                                        |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Net loss for the period to October 31, 2010 |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   | (11,881 | ) |   |   | (11,881 | ) |
|                                        |   |         |         |   |       |   |     |    |   |   |         |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Balance,  October 31, 2010        |   |         | 68,000,000   |   |       | $      | 68,000   |    |   | $      | (23,723      | )      |   | $           | -       |   |   | $      | (111,317 | ) |   | $ | (67,040 | ) |

----

|                                            |   | Six months       |    |   | Six months       |   |   | April 3, 2006       |   |
|-------------------------------------------------|--------|------------------|---------|--------|------------------|--------|--------|---------------------|--------|
|                                            |   | ended            |    |   | ended            |   |   | (inception date) to |   |
|                                            |   | October 31, 2010 |    |   | October 31, 2009 |   |   | October 31, 2010    |   |
|                                            |   |             |    |   |             |   |   |                |   |
| OPERATING ACTIVITIES                            |   |             |    |   |             |   |   |                |   |
| Net loss                                        |   | $                | (11,881 | )      |             | $      | (7,595 | )                   |   | $ | (111,317 | ) |
| Expenses paid directly by related parties       |   |             | 16,638  |   |             |   | 5,408  |                |   |   | 52,086 |   |
| Expenses paid by related parties & forgiven |   |             | -       |   |             |   | -      |                |   |   | 16,902 |   |
| Increase (decrease) in accrued expenses         |   | $                | (4,829  | )      |             | $      | 2,115  |                |   | $ | 15,040 |   |
|                                            |   |             |    |   |             |   |   |                |   |   |   |   |
| NET CASH USED IN OPERATING ACTIVITIES           |   | $                | (72     | )      |             | $      | (72    | )                   |   | $ | (27,289 | ) |
|                                            |   |             |    |   |             |   |   |                |   |   |   |   |
| FINANCING ACTIVITIES                            |   |             |    |   |             |   |   |                |   |   |   |   |
| Proceeds from sale of common stock              |   |             | -       |   |             |   | -      |                |   |   | 23,375 |   |
|                                            |   |             |    |   |             |   |   |                |   |   |   |   |
| NET CASH FROM FINANCING ACTIVITIES              |   | $                | -       |   |             | $      | -      |                |   | $ | 23,375 |   |
|                                            |   |             |    |   |             |   |   |                |   |   |   |   |
| NET INCREASE ( DECREASE) IN CASH                |   | $                | (72     | )      |             | $      | (72    | )                   |   | $ | 86 |   |
|                                            |   |             |    |   |             |   |   |                |   |   |   |   |
| CASH, BEGINNING OF PERIOD                       |   | $                | 158     |   |             | $      | 301    |                |   | $ | - |   |
|                                            |   |             |    |   |             |   |   |                |   |   |   |   |
| CASH, END OF PERIOD                             |   | $                | 86      |   |             | $      | 229    |                |   | $ | 86 |   |
|                                            |   |             |    |   |             |   |   |                |   |   |   |   |
|                                            |   |             |    |   |             |   |   |                |   |   |   |   |
| Supplemental cash flow information:             |   |             |    |   |             |   |   |                |   |   |   |   |
| Cash paid for:                                  |   |             |    |   |             |   |   |                |   |   |   |   |
| Interest                                        |   | $                | -       |   |             | $      | -      |                |   | $ | - |   |
|                                            |   |             |    |   |             |   |   |                |   |   |   |   |
| Income taxes                                    |   | $                | -       |   |             | $      | -      |                |   | $ | - |   |
|                                            |   |             |    |   |             |   |   |                |   |   |   |   |
| Non-Cash Activities:                            |   |             |    |   |             |   |   |                |   |   |   |   |
| Increase (Decrease) in Related Party Payable    |   |             |    |   |             |   |   |                |   |   |   |   |
| from forgiveness of debt                        |   |             | (25,002 | )      |             |   |   |                |   |   | (25,002 | ) |
| from redemption of shares                       |   | $                | 100     |   |             | $      | -      |                |   | $ | 8,100 |   |

----

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----

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| 31.1   |   | Rule 13(a)-14(a)/15(d)-14(a) Certification of Chief Executive Officer |
|--------|--------|-----------------------------------------------------------------------|
|   |   |                                                                  |
| 31.2   |   | Rule 13(a)-14(a)/15(d)-14(a) Certification of Chief Financial Officer |
|   |   |                                                                  |
| 32.1   |   | Section 1350 Certification of Chief Executive Officer                 |
|   |   |                                                                  |
| 32.2   |   | Section 1350 Certification of Chief Financial Officer                 |

----

|                                | Polar Wireless Corp. |                                               |
|-------------------------------------|----------------------|----------------------------------------------------|
|                                |                 |                                               |   |
| Dated:  December 13, 2010 | By:                  | /s/ G. Kelly O’Dea                      |   |
|                                |                 | G. Kelly O’Dea                               |   |
|                                |                 | President, Principal Executive Officer, Director   |   |
|                                |                 |                                               |   |
|                                |                 | /s/ Shane Carroll                                  |   |
|                                |                 | Shane Carroll                                      |   |
|                                |                 | Secretary and Principal Financial Officer,Director |   |
|                                |                 |                                               |   |
|                                |                 | /s/ James Schroer                                  |   |
|                                |                 | James SchroerDirector                              |   |
|                                |                 |                                               |   |
|                                |                 | /s/ Paul Schaut                                    |   |
|                                |                 | Paul SchautDirector                                |   |
|                                |                 |                                               |   |
|                                |                 |                                               |   |

----