----

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| Nevada(State of incorporation) |   |
|--------------------------------|--------|

| Large accelerated filer                         o                |   | Accelerated filer                                                       o |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Non-accelerated filer                           o |   | Smaller reporting company                                     x                                                                                                |

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----

| GreenChek Technology Inc.                                                                 |   |   |        |       |   |         |      |
|-------------------------------------------------------------------------------------------|--------|--------|-------------|------------|--------|--------------|-----------|
| (A Development Stage Company)                                                             |   |   |        |       |   |         |      |
| Balance Sheets                                                                            |   |   |        |       |   |         |      |
| (Expressed in US Dollars)                                                                 |   |   |        |       |   |         |      |
|                                                                                      |   |   |        |       |   |         |      |
|                                                                                      |   |   | August 31,  |       |   | February, 29 |      |
|                                                                                      |   |   | 2009        |       |   | 2009         |      |
|                                                                                      |   |   | (Unaudited) |       |   |         |      |
|                                                                                      |   |   | (Restated)  |       |   |         |      |
|                                                                                      |   |   |        |       |   |         |      |
| ASSETS                                                                                    |   |   |        |       |   |         |
| Current Assets                                                                            |   |   |        |       |   |         |      |
| Cash                                                                                      |   |   | $           | 35         |   |         | $         | 391 |   |
| Prepaid expenses                                                                          |   |   |        | 43,783     |   |         |      | 7,706 |   |
| Inventory                                                                                 |   |   |        | 76,000     |   |         |      | - |   |
| Total current assets                                                                      |   |   |        | 119,818    |   |         |      | 8,097 |   |
| License agreement costs, net of accumulated                                               |   |   |        |       |   |         |      |   |   |
| amortization and allowance for impairment (Note 3)                                        |   |   |        | -          |   |         |      | - |   |
| Equipment, net (Note 4)                                                                   |   |   |        | 3,433      |   |         |      | - |   |
| Total Assets                                                                              |   |   | $           | 123,251    |   |         | $         | 8,097 |   |
|                                                                                      |   |   |        |       |   |         |      |   |   |
|                                                                                      |   |   |        |       |   |         |      |   |   |
|                                                                                      |   |   |        |       |   |         |      |   |   |
|                                                                                      |   |   |        |       |   |         |      |   |   |
| LIABILITIES AND STOCKHOLDERS' DEFICIENCY                                                  |   |   |        |       |   |         |      |   |
| Current Liabilities                                                                       |   |   |        |       |   |         |      |   |   |
| Accounts payable and accrued liabilities                                                  |   |   | $           | 132,560    |   |         | $         | 65,780 |   |
| Due to related parties (Note 5)                                                           |   |   |        | 489,515    |   |         |      | 362,585 |   |
| Amount due to licensor of license agreement, net of unamortizated debt discounts (Note 6) |   |   | 4,000,000   |       |   |         | 3,103,806 |   |
| Total liabilities                                                                         |   |   |        | 4,622,075  |   |         |      | 3,532,171 |   |
|                                                                                      |   |   |        |       |   |         |      |   |   |
|                                                                                      |   |   |        |       |   |         |      |   |   |
| Stockholders' Deficiency                                                                  |   |   |        |       |   |         |      |   |   |
| Preferred Stock, $0.00001 par value;                                                      |   |   |        |       |   |         |      |   |   |
| authorized 100,000,000 shares, none issued and outstanding                                |   |   |        | -          |   |         |      | - |   |
| Common Stock, $0.00001 par value; authorized 100,000,000 shares,                          |   |   |        |       |   |         |      |   |   |
| issued 72,181,333 and 64,288,000 shares, respectively                                     |   |   |        | 722        |   |         |      | 643 |   |
| Additional paid-in capital                                                                |   |   |        | 517,628    |   |         |      | 252,157 |   |
| Treasury Stock, 35,000,000 shares held at August 31, 2009                                 |   |   |        | (100,000   | )      |         |      | (100,000 | ) |
| Deficit accumulated during the development stage                                          |   |   |        | (4,917,174 | )      |         |      | (3,676,874 | ) |
| Total Stockholders' Deficiency                                                            |   |   |        | (4,498,824 | )      |         |      | (3,524,074 | ) |
| Total Liabilities and Stockholders' Deficiency                                            |   |   | $           | 123,251    |   |         | $         | 8,097 |   |

----

| GreenChek Technology Inc.                           |   |                                             |       |   |                                             |   |       |                                                |   |   |                                           |   |   |                                                                  |       |
|-----------------------------------------------------|--------|--------------------------------------------------|------------|--------|--------------------------------------------------|--------|------------|-----------------------------------------------------|--------|--------|------------------------------------------------|--------|--------|-----------------------------------------------------------------------|------------|
| (A Development Stage Company)                       |   |                                             |       |   |                                             |   |       |                                                |   |   |                                           |   |   |                                                                  |       |
| Statements of Operations                            |   |                                             |       |   |                                             |   |       |                                                |   |   |                                           |   |   |                                                                  |       |
| (Expressed in US Dollars)                           |   |                                             |       |   |                                             |   |       |                                                |   |   |                                           |   |   |                                                                  |       |
| (Unaudited)                                         |   |                                             |       |   |                                             |   |       |                                                |   |   |                                           |   |   |                                                                  |       |
|                                                |   |                                             |       |   |                                             |   |       |                                                |   |   |                                           |   |   |                                                                  |       |
|                                                |   | For the three month period ended August 31, 2009 |       |   | For the three month period ended August 31, 2008 |   |       | For the six month period ended August 31, 2009 |   |   | For the six month period ended August 31, 2008 |   |   | Period from September 12, 2006 (Date of Inception) To August 31, 2009 |       |
|                                                |   | (Restated)                                       |       |   |                                             |   |       | (Restated)                                          |   |   |                                           |   |   | (Restated)                                                            |       |
|                                                |   |                                             |       |   |                                             |   |       |                                                |   |   |                                           |   |   |                                                                  |       |
|                                                |   |                                             |       |   |                                             |   |       |                                                |   |   |                                           |   |   |                                                                  |       |
| Revenue                                             |   | $                                                | -          |   |                                             | $      | -          |                                                |   | $      | -                                              |   |   | $                                                                     | -          |   |   | $ | - |   |
|                                                |   |                                             |       |   |                                             |   |       |                                                |   |   |                                           |   |   |                                                                  |       |   |   |   |   |   |
| Costs and expenses                                  |   |                                             |       |   |                                             |   |       |                                                |   |   |                                           |   |   |                                                                  |       |   |   |   |   |   |
| General and administrative expenses                 |   |                                             | 15,103     |   |                                             |   | 20,291     |                                                |   |   | 32,182                                         |   |   |                                                                  | 27,198     |   |   |   | 58,674 |   |
| Professional fees                                   |   |                                             | 11,610     |   |                                             |   | -          |                                                |   |   | 19,396                                         |   |   |                                                                  | -          |   |   |   | 63,427 |   |
| Management fees                                     |   |                                             | 13,698     |   |                                             |   | -          |                                                |   |   | 27,438                                         |   |   |                                                                  | -          |   |   |   | 47,490 |   |
| Travel                                              |   |                                             | 1,327      |   |                                             |   | -          |                                                |   |   | 3,159                                          |   |   |                                                                  | -          |   |   |   | 7,748 |   |
| Research and development                            |   |                                             | 10,958     |   |                                             |   | -          |                                                |   |   | 32,942                                         |   |   |                                                                  | -          |   |   |   | 122,011 |   |
| Corporate communications                            |   |                                             | 32,489     |   |                                             |   | -          |                                                |   |   | 47,489                                         |   |   |                                                                  | -          |   |   |   | 77,489 |   |
| Rent                                                |   |                                             | 750        |   |                                             |   | -          |                                                |   |   | 1,500                                          |   |   |                                                                  | -          |   |   |   | 4,043 |   |
| Financing fees                                      |   |                                             | 180,000    |   |                                             |   | -          |                                                |   |   | 180,000                                        |   |   |                                                                  | -          |   |   |   | 180,000 |   |
| Amortization of license agreement costs             |   |                                             | -          |   |                                             |   | 20,394     |                                                |   |   | -                                              |   |   |                                                                  | 20,394     |   |   |   | 20,394 |   |
| Provision for impairment of license agreement costs |   |                                             | -          |   |                                             |   | 3,081,184  |                                                |   |   | -                                              |   |   |                                                                  | 3,081,184  |   |   |   | 3,081,184 |   |
| Imputed interest expense                            |   |                                             | 36,244     |   |                                             |   | 70,794     |                                                |   |   | 96,194                                         |   |   |                                                                  | 70,794     |   |   |   | 398,422 |   |
| Interest expense in connection with amendment to    |   |                                             | 800,000    |   |                                             |   | -          |                                                |   |   | 800,000                                        |   |   |                                                                  | -          |   |   |   | 800,000 |   |
| license agreement                                   |   |                                             |       |   |                                             |   |       |                                                |   |   |                                           |   |   |                                                                  |       |   |   |   |   |   |
| Total costs and expenses                            |   |                                             | 1,102,179  |   |                                             |   | 3,192,663  |                                                |   |   | 1,240,300                                      |   |   |                                                                  | 3,199,570  |   |   |   | 4,860,882 |   |
| Net Loss From Continuing Operations                 |   |                                             | (1,102,179 | )      |                                             |   | (3,192,663 | )                                                   |   |   | (1,240,300                                     | )      |   |                                                                  | (3,199,570 | ) |   |   | (4,860,882 | ) |
|                                                |   |                                             |       |   |                                             |   |       |                                                |   |   |                                           |   |   |                                                                  |       |   |   |   |   |   |
| Discontinued operations (Note 9)                    |   |                                             | -          |   |                                             |   | -          |                                                |   |   | -                                              |   |   |                                                                  | -          |   |   |   | (56,292 | ) |
| Net Loss                                            |   | $                                                | (1,102,179 | )      |                                             | $      | (3,192,663 | )                                                   |   | $      | (1,240,300                                     | )      |   | $                                                                     | (3,199,570 | ) |   | $ | (4,917,174 | ) |
|                                                |   |                                             |       |   |                                             |   |       |                                                |   |   |                                           |   |   |                                                                  |       |   |   |   |   |   |
| Net loss per share - basic and diluted              |   |                                             |       |   |                                             |   |       |                                                |   |   |                                           |   |   |                                                                  |       |   |   |   |   |   |
| Continuing Operations                               |   | $                                                | (0.04      | )      |                                             | $      | (0.05      | )                                                   |   | $      | (0.04                                          | )      |   | $                                                                     | (0.05      | ) |   |   |   |   |
| Discontinued Operations                             |   |                                             | (0.00      | )      |                                             |   | (0.00      | )                                                   |   |   | (0.00                                          | )      |   |                                                                  | (0.00      | ) |   |   |   |   |
| Total                                               |   | $                                                | (0.04      | )      |                                             | $      | (0.05      | )                                                   |   | $      | (0.04                                          | )      |   | $                                                                     | (0.05      | ) |   |   |   |   |
|                                                |   |                                             |       |   |                                             |   |       |                                                |   |   |                                           |   |   |                                                                  |       |   |   |   |   |   |
|                                                |   |                                             |       |   |                                             |   |       |                                                |   |   |                                           |   |   |                                                                  |       |   |   |   |   |   |
| Weighted Average Shares Outstanding                 |   |                                             |       |   |                                             |   |       |                                                |   |   |                                           |   |   |                                                                  |       |   |   |   |   |   |
| Basic and Diluted                                   |   |                                             | 30,499,000 |   |                                             |   | 63,980,000 |                                                |   |   | 29,893,000                                     |   |   |                                                                  | 63,980,000 |   |   |   |   |   |

----

| GreenChek Technology Inc.                                        |   |
|------------------------------------------------------------------|--------|
| (A Development Stage Company)                                    |   |
| Statements of Stockholders' Equity (Deficiency)                  |   |
| For the Period September 12, 2006 (Inception) to August 31, 2009 |
| (Expressed in US Dollars)                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| (Unaudited)                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | Deficit |   |   | Total Stockholders' Equity |   |
|                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | Accumulated |   |
|                                                             |   | Common Stock, $0.00001 par value |   |   | Additional |   |   |   |   |   |   |   |   | During the |   |
|                                                             |   | Paid-in |   |   | Treasury Stock |   |   | Development |   |
|                                                             |   | Shares |   |   | Amount |   |   | Capital |   |   | Shares |   |   | Amount |   |   | Stage |   |   | (Deficiency) |   |
|                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common shares sold for cash at $0.00014 per share                |   |   | 35,000,000 |   |   | $ | 350 |   |   | $ | 4,650 |   |   |   | - |   |   | $ | - |   |   | $ | - |   |   | $ | 5,000 |   |
| Common shares sold for cash at $0.00143 per share,               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| less offering costs of $12,500                                   |   |   | 27,090,000 |   |   |   | 271 |   |   |   | 25,929 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 26,200 |   |
| Donated services and expenses                                    |   |   | - |   |   |   | - |   |   |   | 4,500 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 4,500 |   |
| Net Loss                                                         |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (11,777 | ) |   |   | (11,777 | ) |
| Balance - February 28, 2007                                      |   |   | 62,090,000 |   |   |   | 621 |   |   |   | 35,079 |   |   |   | - |   |   |   | - |   |   |   | (11,777 | ) |   |   | 23,923 |   |
| Common stock sold for cash at 0.00143 per share                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| less offering costs of $10,000                                   |   |   | 1,890,000 |   |   |   | 19 |   |   |   | (7,319 | ) |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (7,300 | ) |
| Donated services and expenses                                    |   |   | - |   |   |   | - |   |   |   | 9,000 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 9,000 |   |
| Net Loss                                                         |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (37,608 | ) |   |   | (37,608 | ) |
| Balance - February 29, 2008                                      |   |   | 63,980,000 |   |   |   | 640 |   |   |   | 36,760 |   |   |   | - |   |   |   | - |   |   |   | (49,385 | ) |   |   | (11,985 | ) |
| Units sold for cash at $0.75 per Unit                            |   |   | 308,000 |   |   |   | 3 |   |   |   | 230,997 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 231,000 |   |
| Finders' fee                                                     |   |   | - |   |   |   | - |   |   |   | (23,100 | ) |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (23,100 | ) |
| Donated services and expenses                                    |   |   | - |   |   |   | - |   |   |   | 7,500 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 7,500 |   |
| Purchase of treasury stock                                       |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (35,000,000 | ) |   |   | (100,000 | ) |   |   | - |   |   |   | (100,000 | ) |
| Net Loss                                                         |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (3,627,489 | ) |   |   | (3,627,489 | ) |
| Balance - February 28, 2009                                      |   |   | 64,288,000 |   |   |   | 643 |   |   |   | 252,157 |   |   |   | (35,000,000 | ) |   |   | (100,000 | ) |   |   | (3,676,874 | ) |   |   | (3,524,074 | ) |
| Units sold for cash at $0.75 per Unit                            |   |   | 26,667 |   |   |   | - |   |   |   | 20,000 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 20,000 |   |
| Finders' fee                                                     |   |   | - |   |   |   | - |   |   |   | (2,950 | ) |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (2,950 | ) |
| Net Loss                                                         |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (138,121 | ) |   |   | (138,121 | ) |
| Balance - May 31, 2009                                           |   |   | 64,314,667 |   |   |   | 643 |   |   |   | 269,207 |   |   |   | (35,000,000 | ) |   |   | (100,000 | ) |   |   | (3,814,995 | ) |   |   | (3,645,145 | ) |
| Financing fees (Restated)                                        |   |   | 6,000,000 |   |   |   | 60 |   |   |   | 179,940 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 180,000 |   |
| Stock-based compensation                                         |   |   | 1,866,666 |   |   |   | 19 |   |   |   | 68,481 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 68,500 |   |
| Net loss for the period                                          |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (1,102,179 | ) |   |   | (1,102,179 | ) |
| Balance – August 31, 2009 (Restated)                       |   |   | 72,181,333 |   |   | $ | 722 |   |   | $ | 517,628 |   |   |   | (35,000,000 | ) |   | $ | (100,000 | ) |   | $ | (4,917,174 | ) |   | $ | (4,498,824 | ) |

----

| GreenChek Technology Inc.                                                                        |   |                                           |       |   |                                           |   |       |                                                                  |   |
|--------------------------------------------------------------------------------------------------|--------|------------------------------------------------|------------|--------|------------------------------------------------|--------|------------|-----------------------------------------------------------------------|--------|
| (A Development Stage Company)                                                                    |   |                                           |       |   |                                           |   |       |                                                                  |   |
| Statements of Cash Flows                                                                         |   |                                           |       |   |                                           |   |       |                                                                  |   |
| (Expressed in US Dollars)                                                                        |   |                                           |       |   |                                           |   |       |                                                                  |   |
| (Unaudited)                                                                                      |   |                                           |       |   |                                           |   |       |                                                                  |   |
|                                                                                             |   |                                           |       |   |                                           |   |       |                                                                  |   |
|                                                                                             |   | For the six month period ended August 31, 2009 |       |   | For the six month period ended August 31, 2008 |   |       | Period from September 12, 2006 (Date of Inception) To August 31, 2009 |   |
|                                                                                             |
|                                                                                             |
|                                                                                             |   | (Restated)                                     |       |   |                                           |   |       | (Restated)                                                            |   |
| Cash Flows from Operating Activities                                                             |   |                                           |       |   |                                           |   |       |                                                                  |   |
| Net loss                                                                                         |   | $                                              | (1,240,300 | )      |                                           | $      | (3,199,570 | )                                                                     |   | $ | (4,917,174 | ) |
|   Adjustments to reconcile net loss to net cash provided by (used in) operating activities: |   |                                           |       |   |                                           |   |       |                                                                  |   |   |   |   |
| Amortization of license agreement costs                                                          |   |                                           | -          |   |                                           |   | 20,394     |                                                                  |   |   | 20,394 |   |
| Depreciation of equipment                                                                        |   |                                           | 494        |   |                                           |   | -          |                                                                  |   |   | 494 |   |
| Provision for impairment of license agreement costs                                              |   |                                           | -          |   |                                           |   | 3,081,184  |                                                                  |   |   | 3,081,184 |   |
| Imputed interest expense                                                                         |   |                                           | 96,194     |   |                                           |   | 70,794     |                                                                  |   |   | 398,422 |   |
| Donated services and expenses                                                                    |   |                                           | -          |   |                                           |   | 4,500      |                                                                  |   |   | 21,000 |   |
| Impairment of mineral property costs                                                             |   |                                           | -          |   |                                           |   | -          |                                                                  |   |   | 3,300 |   |
| Interest expense in connection with amendment to License Agreement                               |   |                                           | 800,000    |   |                                           |   | -          |                                                                  |   |   | 800,000 |   |
| Financing fees                                                                                   |   |                                           | 180,000    |   |                                           |   | -          |                                                                  |   |   | 180,000 |   |
| Stock -based compensation                                                                        |   |                                           | 32,489     |   |                                           |   | -          |                                                                  |   |   | 32,489 |   |
| Changes in operating assets and liabilities:                                                     |   |                                           |       |   |                                           |   |       |                                                                  |   |   |   |   |
| Inventory                                                                                        |   |                                           | (76,000    | )      |                                           |   | -          |                                                                  |   |   | (76,000 | ) |
| Accounts payable and accrued liabilities                                                         |   |                                           | 66,780     |   |                                           |   | 11,751     |                                                                  |   |   | 132,560 |   |
| Due to related party                                                                             |   |                                           | 76,000     |   |                                           |   | -          |                                                                  |   |   | 76,000 |   |
| Prepaid expenses                                                                                 |   |                                           | (66        | )      |                                           |   | -          |                                                                  |   |   | (7,772 | ) |
| Net cash used in operating activities                                                            |   |                                           | (64,409    | )      |                                           |   | (10,947    | )                                                                     |   |   | (255,103 | ) |
|                                                                                             |   |                                           |       |   |                                           |   |       |                                                                  |   |   |   |   |
| Cash Flows from Investing Activities                                                             |   |                                           |       |   |                                           |   |       |                                                                  |   |   |   |   |
| Mineral property acquisition costs                                                               |   |                                           | -          |   |                                           |   | -          |                                                                  |   |   | (3,300 | ) |
| Purchase of equipment                                                                            |   |                                           | (3,927     | )      |                                           |   | -          |                                                                  |   |   | (3,927 | ) |
| Net cash used in investing activities                                                            |   |                                           | (3,927     | )      |                                           |   | -          |                                                                  |   |   | (7,227 | ) |
|                                                                                             |   |                                           |       |   |                                           |   |       |                                                                  |   |   |   |   |
| Cash Flows from Financing Activities                                                             |   |                                           |       |   |                                           |   |       |                                                                  |   |   |   |   |
| Proceeds from sales of common stock                                                              |   |                                           | 17,050     |   |                                           |   | -          |                                                                  |   |   | 271,350 |   |
| Purchase of treasuary stock                                                                      |   |                                           | -          |   |                                           |   | -          |                                                                  |   |   | (100,000 | ) |
| Offering costs incurred                                                                          |   |                                           | -          |   |                                           |   | -          |                                                                  |   |   | (22,500 | ) |
| Due to related parties                                                                           |   |                                           | 50,930     |   |                                           |   | 10,317     |                                                                  |   |   | 113,515 |   |
| Net cash provided by financing activities                                                        |   |                                           | 67,980     |   |                                           |   | 10,317     |                                                                  |   |   | 262,365 |   |
|                                                                                             |   |                                           |       |   |                                           |   |       |                                                                  |   |   |   |   |
| Increase  (decrease)  in cash                                                |   |                                           | (356       | )      |                                           |   | (630       | )                                                                     |   |   | 35 |   |
|                                                                                             |   |                                           |       |   |                                           |   |       |                                                                  |   |   |   |   |
| Cash - beginning of period                                                                       |   |                                           | 391        |   |                                           |   | 688        |                                                                  |   |   | - |   |
|                                                                                             |   |                                           |       |   |                                           |   |       |                                                                  |   |   |   |   |
| Cash - end of period                                                                             |   | $                                              | 35         |   |                                           | $      | 58         |                                                                  |   | $ | 35 |   |
|                                                                                             |   |                                           |       |   |                                           |   |       |                                                                  |   |   |   |   |
|                                                                                             |   |                                           |       |   |                                           |   |       |                                                                  |   |   |   |   |
| Supplemental disclosures of cash flow information:                                               |   |                                           |       |   |                                           |   |       |                                                                  |   |   |   |   |
| Interest paid                                                                                    |   | $                                              | -          |   |                                           | $      | -          |                                                                  |   | $ | - |   |
| Income taxes paid                                                                                |   | $                                              | -          |   |                                           | $      | -          |                                                                  |   | $ | - |   |
|                                                                                             |   |                                           |       |   |                                           |   |       |                                                                  |   |   |   |   |
| Non-cash investing activity:                                                                     |   |                                           |       |   |                                           |   |       |                                                                  |   |   |   |   |
|   Acquisition of license agreement in exchange for debt due seller, less imputed interest   |   | $                                              | -          |   |                                           | $      | 3,101,578  |                                                                  |   | $ | 3,101,578 |   |
| Non-cash financing activity:                                                                     |   |                                           |       |   |                                           |   |       |                                                                  |   |   |   |   |
| Repayment of amount due licensor of license agreement                                            |   |                                           |       |   |                                           |   |       |                                                                  |   |   |   |   |
|  in exchange for increase in due to related party                                           |   | $                                              | -          |   |                                           | $      | -          |                                                                  |   | $ | 300,000 |   |

----

----

|                                                       |   |   |       |
|------------------------------------------------------------|--------|--------|------------|
| License price, less $398,422 discount for imputed interest |   | $      | 3,101,578  |   |
| Less accumulated amortization                              |   |   | (20,394    | ) |
| Less allowance for impairment                              |   |   | (3,081,184 | ) |
|     License agreement costs, net       |   | $      | -          |   |

| 1.   | Payment of $1,000,000 due on December 31, 2008 extended to December 31, 2009, |
|----------------|-------------------------------------------------------------------------------|

| 2.   | Payment of $1,000,000 due on March 31, 2009 extended to March 31, 2010, |
|----------------|-------------------------------------------------------------------------|

| 3.   | Payment of $1,200,000 due on August 31, 2009 extended to August 31, 2010. |
|----------------|---------------------------------------------------------------------------|

| 1.   | $500,000 payable 30 days after signing the amended agreement or as soon thereafter as stock exchange acceptance is received; and |
|----------------|----------------------------------------------------------------------------------------------------------------------------------|

| 2.   | $300,000 payable on August 31, 2010 or as soon thereafter as stock exchange acceptance is received. |
|----------------|-----------------------------------------------------------------------------------------------------|

----

|                                   |   |   |   |
|----------------------------------------|--------|--------|--------|
| Equipment                              |   | $      | 3,927  |   |
| Less accumulated depreciation          |   |   | (494   | ) |
|     Equipment, net |   | $      | 3,433  |   |

----

|                                                                                                                                                                                                                                                                      |   | August 31, 2009 |    |   | February 28, 2009 |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------|---------|--------|-------------------|--------|
| Due to chief executive officer:                                                                                                                                                                                                                                           |   |            |    |   |              |   |
| Amount due relating to the deemed payment of the $300,000                                                                                                                                                                                                                 |   |
| license agreement installment due August 13, 2008,                                                                                                                                                                                                                        |   |            |    |   |              |   |
| non-interest bearing, due the earlier of (1) the closing of a financing of $1,000,000 or more or (2) July 14, 2010, convertible at the option of either the Company or Principal into common stock at a price equal to 75% of the closing price on the date of conversion |   | $               | 300,000 |   |              | $      | 300,000 |   |
|     Accrued management fee                                                                                                                                                                                                                            |   |            | 36,911  |   |              |   | 11,633 |   |
|     Other                                                                                                                                                                                                                                             |   |            | 57,721  |   |              |   | 2,306 |   |
| Due to former majority stockholder and chief executive officer:                                                                                                                                                                                                           |   |            |    |   |              |   |   |   |
| Amount due relating to the Company's purchase of treasury stock                                                                                                                                                                                                      |   |            | 25,000  |   |              |   | 25,000 |   |
|     Other, non-interest bearing, no repayment terms                                                                                                                                                                                                   |   |            | 16,537  |   |              |   | 16,164 |   |
| Due to former director and chief strategy officer for consulting services                                                                                                                                                                                                 |   |            | 4,567   |   |              |   | 3,930 |   |
| Due to former director and chief financial officer                                                                                                                                                                                                                        |   |            | 48,779  |   |              |   | 3,552 |   |
| Total                                                                                                                                                                                                                                                                     |   | $               | 489,515 |   |              | $      | 362,585 |   |

----

|                                                                  |   |   |      |
|-----------------------------------------------------------------------|--------|--------|-----------|
| Amount due December 31, 2009                                          |   | $      | 1,000,000 |   |
| Amount due March 31, 2010                                             |   |   | 1,000,000 |   |
| Amount due August 31, 2010                                            |   |   | 1,200,000 |   |
| Amounts due under Amendment to License Agreement dated July 10, 2009: |   |   |      |   |
| Amount due August 31, 2009                                            |   |   | 500,000   |   |
| Amount due August 10, 2009                                            |   |   | 300,000   |   |
| Total                                                                 |   | $      | 4,000,000 |   |

| a)   | On May 28, 2007, the Company effected a 7 to 1 forward stock split of the issued and outstanding common stock. As a result, the issued and outstanding shares at that time increased from 9,140,000 shares of common stock to 63,980,000 shares of common stock. All share amounts have been retroactively adjusted for all periods presented. |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| b)   | On October 21, 2008, the Company entered into a Return to Treasury Agreement with Pardeep Sarai, former majority stockholder and chief executive officer of the Company (“Sarai”), whereby the Company agreed to purchase 35,000,000 shares of the Company common stock owned by Sarai for $100,000. Pursuant to this agreement, the Company paid $75,000 to Sarai on October 21, 2008. The agreement provides that the 35,000,000 shares are to be returned to Sarai if the Company fails to pay the remaining $25,000 to Sarai by March 1, 2009 (which date has been extended to June 30, 2009 under an Amendment to Agreement dated May 19, 2009 between the Company and Sarai and further extended under a verbal agreement) or if certain transactions contemplated by the License Agreement do not occur. |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| c)   | On May 8, 2009, pursuant to a Subscription Agreement dated September 17, 2008, the Company sold 26,667 Units to Noyz Management Corp. at $0.75 per unit for gross proceeds of $20,000. After deducting $2,950 in finder’s fees, the net proceeds to the Company were $17,050. Each Unit consists of one share of common stock and one warrant to purchase one share of common stock at an exercise price of 0.75 per share to September 17, 2009. |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| d)   | On July 30, 2009, the Company issued 1,866,666 restricted shares of common stock with a fair value of $68,500 to DC Consulting LLC (DC Consulting) pursuant to the consulting agreements described in Note 10 (b) and 10 (c). |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| e)   | On August 25, 2009, the Company issued 3,000,000 restricted shares of the Company’s common stock with a fair value of $90,000 to Gold Spread Trading Ltd. pursuant to the loan initiation agreement described in Note 10 (e). |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| f)   | On August 27, 2009, the Company issued 3,000,000 restricted shares of the Company’s common stock with a fair value of $90,000 to Bodie Investment Group pursuant to the common stock purchase agreement described in Note 10 (f). |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                              |   |                           |    |   |                           |   |    |                                           |   |
|-------------------------------------------------------------------|--------|--------------------------------|---------|--------|--------------------------------|--------|---------|------------------------------------------------|--------|
|                                                              |   |                           |    |   |                           |   |    | Period from                                    |   |
|                                                              |   | For the six month period Ended |    |   | For the six month period Ended |   |    | September 12, 2006 (Date of Inception) to |   |
|                                                              |   | August 31,                     |    |   | August 31,                     |   |    | August 31,                                     |   |
|                                                              |   | 2009                           |    |   | 2008                           |   |    | 2009                                           |   |
| Revenues                                                          |   | $                              | – |   |                           | $      | – |                                           |   | $ | – |   |
|  Cost and expenses                                           |   |                           |    |   |                           |   |    |                                           |   |   |   |   |
|    General and administrative expenses             |   |                           | – |   |                           |   | – |                                           |   |   | 15,636 |   |
|    Professional fees                               |   |                           | – |   |                           |   | – |                                           |   |   | 30,686 |   |
|    Rent                                            |   |                           | – |   |                           |   | – |                                           |   |   | 5,250 |   |
|    Research and development                        |   |                           | – |   |                           |   | – |                                           |   |   | 353 |   |
|    Impairment of mineral property costs            |   |                           | – |   |                           |   | – |                                           |   |   | 3,300 |   |
|    Mineral property exploration and carrying costs |   |                           | – |   |                           |   | – |                                           |   |   | 1,067 |   |
|  Total costs and expenses                                    |   |                           | – |   |                           |   | – |                                           |   |   | 56,292 |   |
|  Net Loss                                                    |   | $                              | – |   |                           | $      | – |                                           |   | $ | (56,292 | ) |
|                                                              |   |                           |    |   |                           |   |    |                                           |   |   |   |   |

----

| a)   | On August 1, 2008, the Company entered into a Management Contract with Lincoln Parke (“Parke”), the Company’s chief executive officer. Under the agreement, Parke is to perform certain services for the Company and the Company is to pay monthly management fees of 5,000 Canadian dollars (approximately $4,566 translated at the August 31, 2009 exchange rate) to Parke. Either party can terminate the agreement with 30 days written notice. |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| b)   | On August 14, 2008, the Company entered into a Consulting Agreement with an investor relations firm. Under the Consulting Agreement, the investor relations firm is to be paid $5,000 per month for a term of 12 months. The agreement expired in July 2009. |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| c)   | On July 22, 2009, the Company entered into an agreement with DC Consulting LLC (DC Consulting) for consulting services for a period of one year in consideration for the issue of 500,000 restricted shares of the Company’s common stock.  The Company has the option to repurchase the shares issued to DC Consulting at a price per share equal to the closing price of the Company’s common stock on the day the shares are issued. The Company issued 500,000 restricted shares of common stock with a fair value of $15,000 on July 30, 2009 and at August 31, 2009 $12,500 was included in prepaid expenses. |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| d)   | On July 22, 2009, the Company entered into an agreement with DC Consulting for investor relation services for an initial period of 90 days in consideration for the following: |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| i)   | A monthly retainer fee of $9,500 in cash or quarterly retainer fee of $25,000 payable in cash or stock with the first payment due upon the execution of the contract.  The Company issued 416,666 restricted shares of common stock with a fair value of $25,000 on July 30, 2009 (which is being expensed over the three month term of the agreement) and at August 31, 2009 $14,011 was included in prepaid expenses. |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ii)   | 950,000 restricted shares of the Company’s common stock due within 30 days of the execution of the contract.  The Company issued 950,000 restricted shares of common stock with a fair value of $28,500 on July 30, 2009 (which is being expensed over the three month term of the agreement) and at August 31, 2009 $9,500 was included in prepaid expenses. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| iii)   | Warrants to purchase 750,000 shares of the Company’s common stock at an exercise price of $0.40 per share. The warrants have not been delivered to DC Consulting as at August 31, 2009. |
|------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| iv)   | Warrants to purchase 750,000 shares of the Company’s common stock at an exercise price of $1.00 per share. The warrants have not been delivered to DC Consulting as at August 31, 2009. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| v)   | An advisory fee of 7% of the gross proceeds of any financing transaction arranged by DC Consulting. |
|----------------|-----------------------------------------------------------------------------------------------------|

| e)   | On August 19, 2009, the Company entered into a Loan Initiation Agreement with Gold Spread Trading Ltd. (“Gold Spread”).  Pursuant to the agreement, the Company may borrow up to $100,000 from Gold Spread until November 27, 2010.  As a one-time loan initiation fee the Company issued 3,000,000 restricted shares of the Company’s common stock with a fair value of $90,000 to Gold Spread and recorded financing fees of $90,000 upon execution of the contract.  Refer to Note 7 (e). |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| f)   | On August 27, 2009, the Company entered into a Common Stock Purchase Agreement, a Registration Rights Agreement, a Warrant Purchase Agreement, a Subscription Agreement and a Convertible Note Agreement (collectively the “Agreements”) with Bodie Investment Group Inc. (“Bodie”). Pursuant to the agreements, subject to volume limitations, the Company has the right to sell Bodie over a two year period up to $6,000,000 of the Company’s common stock at a price per share equal to 90% of the average of the three lowest closing bids during the twenty days prior to the put date.  The Company also has the right to sell $100,000 of convertible notes to Bodie.  The closing date of the agreement is the date Bodie advances the $100,000 to the Company.  In consideration for entering into the agreement, the Company issued to Bodie 3,000,000 restricted shares of the Company’s common stock with a fair value of $90,000.   The Company is also to issue on or before the closing date, Class A warrants to purchase 3,000,000 shares of the Company’s common stock at an exercise price of $0.0001 for five years after issuance and Class B Warrants to purchase 6,000,000 shares of common stock at an exercise price of $0.01 for five years after issuance.  Prior to Bodie’s obligation to purchase any shares, the shares are to be registered in an effective registration statement filed with the SEC.  Refer to Note 7 (f). |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Balance Sheet                                    |         |             |
|--------------------------------------------------|--------------|------------------|
|                                             |    | August 31, 2009  |
|                                             |         | As Reported |   |   | Current Year Adjustments |   | As Restated |
|                                             |         |             |   |   |   |   |   |   |   |
| Stockholders’ deficiency                   |         |             |   |   |   |   |   |   |   |
| Common Stock                                     |         |             | 662 |   |   |   | 60 |   | 722 |
| Additional Paid-In Capital                       |         |             | 337,688 |   |   |   | 179,940 |   | 517,628 |
| Treasury Stock                                   |         |             | (100,000) |   |   |   | - |   | (100,000) |
| Deficit accumulated during the development stage |    |             | (4,737,174) |   |   |   | (180,000) |   | (4,917,174) |
| Total Stockholders’ Deficiency             |    |             | (4,498,824) |   |   |   | - |   | (4,498,824) |
|                                             |         |             |   |   |   |   |   |   |   |

----

| Statement of Operations                      |   |                             |       |
|----------------------------------------------|--------|----------------------------------|------------|
|                                         |   | Six months ended August 31, 2009 |       |
|                                         |   |                             |       |   |   |   |   |   |   |
|                                         |   | As Reported                 |       |   | Current YearAdjustments |   |   | As Restated |   |
|                                         |   |                             |       |   |   |   |   |   |   |
| Costs and expenses                           |   |                             |       |   |   |   |   |   |   |
| Financing fees                               |   | $                                | -          |   |   | $ | 180,000 |   |   | $ | 180,000 |   |
|                                         |   |                             |       |   |   |   |   |   |   |   |   |   |
| Net Loss                                     |   | $                                | (1,060,300 | ) |   | $ | (180,000 | ) |   | $ | (1,240,300 | ) |
|                                         |   |                             |       |   |   |   |   |   |   |   |   |   |
| Net loss per share – basic and diluted |   | $                                | (0.04      | ) |   | $ | - |   |   | $ | (0.04 | ) |
|                                         |   |                             |       |   |   |   |   |   |   |   |   |   |
| Weighted average common shares outstanding:  |   |                             |       |   |   |   |   |   |   |   |   |   |
| Basic and diluted                            |   |                             | 29,631,000 |   |   |   | 262,000 |   |   |   | 29,893,000 |   |

| Statement of Operations                      |   |                               |       |
|----------------------------------------------|--------|------------------------------------|------------|
|                                         |   | Three months ended August 31, 2009 |       |
|                                         |   |                               |       |   |   |   |   |   |   |
|                                         |   | As Reported                   |       |   | Current YearAdjustments |   |   | As Restated |   |
|                                         |   |                               |       |   |   |   |   |   |   |
| Costs and expenses                           |   |                               |       |   |   |   |   |   |   |
| Financing fees                               |   | $                                  | -          |   |   | $ | 180,000 |   |   | $ | 180,000 |   |
|                                         |   |                               |       |   |   |   |   |   |   |   |   |   |
| Net Loss                                     |   | $                                  | (922,179   | ) |   | $ | (180,000 | ) |   | $ | (1,102,179 | ) |
|                                         |   |                               |       |   |   |   |   |   |   |   |   |   |
| Net loss per share – basic and diluted |   | $                                  | (0.03      | ) |   | $ | (0.01 | ) |   | $ | (0.04 | ) |
|                                         |   |                               |       |   |   |   |   |   |   |   |   |   |
| Weighted average common shares outstanding:  |   |                               |       |   |   |   |   |   |   |   |   |   |
| Basic and diluted                            |   |                               | 29,971,100 |   |   |   | 527,900 |   |   |   | 30,499,000 |   |

| Statements of Cash Flows              |   |                             |       |
|---------------------------------------|--------|----------------------------------|------------|
|                                  |   | Six months ended August 31, 2009 |       |
|                                  |   |                             |       |   |   |   |   |   |   |
|                                  |   | As Reported                 |       |   | Current Year Adjustments |   |   | As Restated |   |
|                                  |   |                             |       |   |   |   |   |   |   |
| Cash Flows from Operating Activities  |   |                             |       |   |   |   |   |   |   |
| Net loss                              |   | $                                | (1,060,300 | ) |   | $ | (180,000 | ) |   | $ | (1,240,300 | ) |
|                                  |   |                             |       |   |   |   |   |   |   |   |   |   |
| Financing fees                        |   |                             | –    |   |   |   | 180,000 |   |   |   | 180,000 |   |
| Net cash used in operating activities |   | $                                | (64,409    | ) |   | $ | – |   |   | $ | (64,409 | ) |

----

| Exhibit Number |   | Description                                                                     |   | Where Found     |
|----------------|--------|---------------------------------------------------------------------------------|--------|-----------------|
| 31.1           |   | Rule 13a-14(a)/15d14(a) Certifications of Chief Executive and Financial Officer |   | Attached Hereto |
| 32.1           |   | Section 1350 Certifications                                                     |   | Attached Hereto |

----

|                                   | GREENCHEK TECHNOLOGY INC. |                                                         |
|----------------------------------------|---------------------------|--------------------------------------------------------------|
|                                   |                      |                                                         |   |
| Dated: June 11, 2010    | By:                       | /s/ Lincoln Parke                             |   |
|                                   |                      | Name:  Lincoln Parke                               |   |
|                                   |                      | Title:    President and Treasurer        |   |
|                                   |                      | (Principal Executive, Financial andAccounting Officer)  |   |