| [X] | ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|-----|--------------------------------------------------------------------------------|

| [  ] | TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|----------------|------------------------------------------------------------------------------------|

| NEVADA                          | 76-0600966          |
|---------------------------------|---------------------|
| (State or other jurisdiction of | (IRS Employer       |
| incorporation or organization)  | Identification No.) |

Non-accelerated filer                                           [ ]                                           Smallerreporting company                                                      [X]

----

| -   | Management Discussion and Analysis – Debt Obligations                                      |
|---------------|--------------------------------------------------------------------------------------------------|
| -   | Financial Statements – for retractive treatment of March 22, 2009 30:1 reverse stock split |

| -   | Note 10 to the financial statements concerning Debt  |
|---------------|------------------------------------------------------|
| -   | Management Discussion and Analysis – Liquidity |

| (i)   | to modify or update such disclosures except as required to reflect the effects of the revisions and restatements, other than to make reference to changes in note conversion terms in Note 10 to the financial statements and in the Management Discussion and Analysis,  or |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (ii)   | to make revisions to the Notes to the Consolidated Financial Statements except for those which are required by or result from the effects of the revisions and restatements. No other information contained in our previously filed Form 10-K for the fiscal year ended December 31, 2008 has been updated or amended. |
|------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Item 1. Business                                            |   |
|-------------------------------------------------------------|--------|
|                                                        |   |
| Item 1A. Risk Factors                                       |   |
|                                                        |   |
| I tem  1 B. Unresolved Staff Comments.                      |   |
|                                                        |   |
| Item 2. Properties                                          |   |
|                                                        |   |
| Item 3. Legal Proceedings                                   |   |
|                                                        |   |
| Item 4. Submission of Matters to a Vote of Security Holders |   |

Part II 

| Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities |   |
|----------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                       |   |
| Item 6. Selected Financial Data                                                                                            |   |
|                                                                                                                       |   |
| Item 7. Management's Discussion and Analysis or Plan of Operation                                                          |   |
|                                                                                                                       |   |
| Item 8. Financial Statements and Supplementary Data                                                                        | F-1    |
|                                                                                                                       |   |
| Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure                               |   |
|                                                                                                                       |   |
| Item 9A. Controls and Procedures                                                                                           |   |
|                                                                                                                       |   |
| Item 9B. Other Information                                                                                                 |   |

Part III 

| Item 10. Directors, Executive Officers and Corporate Governance                                         |   |
|---------------------------------------------------------------------------------------------------------|--------|
|                                                                                                    |   |
| Item 11. Executive Compensation                                                                         |   |
|                                                                                                    |   |
| Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters |   |
|                                                                                                    |   |
| Item 13. Certain Relationships and Related Transactions                                                 |   |
|                                                                                                    |   |
| Item 14. Principal Accountant Fees and Services                                                         |   |
|                                                                                                    |   |

| Item 15. Exhibits, Financial Statement Schedules |   |
|--------------------------------------------------|--------|

----

----

----

----

| Patented Printing Technology |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                         | Arrayit manufactures the world’s most widely used microarray printing technology consisting of Professional, 946, Stealth and ChipMaker® pins and printheads. Arrayit’s patented printing technology allows the high-speed manufacture of DNA, protein, antibody, lipid, carbohydrate and many other types of microarrays for researchand diagnostic applications including gene expression, genotyping, protein profiling and many more.                                                                                                                                                                                                                                                                                                                             |
| Instrumentation              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|                         | Instrumentation including NanoPrintTM and SpotBot® provide for automated microarray printing.  NanoPrintTM allows high-end manufacturing, whereas SpotBot systems are the only personal microarrayers in the industry that enable affordable desktop use. Other instruments include TrayMix Hybridization Stations, InnoScan laser scanners, SpotLightTM CCD fluorescence scanners, and SpotWare colorimetric scanners.  High speed centrifuges, air jets, vacuum products, laboratory tools and bioinformatics computers complete the instrumentation line which are all designed to facilitatethe quality and speed of microarray research.                                                                                             |
| Consumables                  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|                         | Arrayit provides the microarray industry with variety of consumables, including substrates, reagents, solutions, kits and clean room supplies. Arrayit Super Microarray Substrates have been adopted by major Life Science companies and are used industry wide.  They are polished atomically flat glass printing surfaces with proprietary coupling chemistry. Arrayit buffers and solutions are optimized to increase the quality of microarray manufacturing, processing, and use.Purification kits provide both a high yield and superior purity. Applications include: DNA microarrays, fluorescent probe purification, sequencing and others. Arrayit kits utilize proprietary binding membranes and purification chemistries for optimal performance. |

| Healthcare Platforms |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|----------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                 | Arrayit’s patented Healthcare technology, the Variation Identification Platform (VIP), allows diagnostic tests to be performed by depositing as many as 100,000 biological samples into a single microarray. VIP manufacturing and clean room technology platforms are also sold to customers who license the technology from Arrayit.  VIPplatforms enable the manufacture of extremely high-quality microarrays with superior precision and accuracy. These microarrays containing 100,000 individual features allow the simultaneous genotyping of 100,000 different patients in a single test. |

----

    

----

| Diagnostic Test Opportunities Expense for Setup (thousands$)    |
|-----------------------------------------------------------------|
| Hearing loss Ovarian Cancer Parkinson’s Disease |
| Launch date                                                     |   | March 1, 2009 |   | Jun 1, 2009 | Sept 1, 2009 |
|                                                            |   | $ | ’000 |   | $ | ’000 | $ | ’000 |
| Clean Room                                                      |   |   | 200 |   |   |   |   |   |
| New lab Equip                                                   |   |   | 1,000 |   |   |   |   |   |
| CLIA Certification                                              |   |   | 150 |   |   |   |   |   |
| FDA Approval                                                    |   |   | 50 |   |   | 50 |   | 50 |
| Approval Time                                                   |   | 6 months |   | 6 months | 6 months |
| Sales Team Dev                                                  |   |   | 50 |   |   | 150 |   | 150 |
| Kit Development                                                 |   |   | 50 |   |   | 150 |   | 50 |
| Totals                                                          |   |   | 1,500 |   |   | 350 |   | 250 |

----

----

| (1)    | actual or anticipated variations in our results of operations; |
|--------|----------------------------------------------------------------|
|   |                                                           |
| (2)    | our ability or inability to generate new revenues;             |
|   |                                                           |
| (3)    | the number of shares in our public float;                      |

|  (4) | increased competition;                                                   |
|-----------|--------------------------------------------------------------------------|
|      |                                                                     |
| (6)       | conditions and trends in the market for automobiles and vehicle leasing. |

UNRESOLVED STAFF COMMENTS

----

| QUARTER ENDED      |   | HIGH   |   |   | LOW    |   |
|--------------------|--------|--------|--------|--------|--------|--------|
|               |   |   |   |   |   |   |
| December 31, 2008  |   | $      | 1.50   |   |   | $      | 0.54 |   |
| September 30, 2008 |   | $      | 4.47   |   |   | $      | 0.90 |   |
| June 30, 2008      |   | $      | 3.00   |   |   | $      | 1.20 |   |
| March 31, 2008     |   | $      | 4.50   |   |   | $      | 0.21 |   |
|               |   |   |   |   |   |   |   |   |
|               |   |   |   |   |   |   |   |   |
| December 31, 2007  |   | $      | 0.60   |   |   | $      | 0.21 |   |
| September 30, 2007 |   | $      | 3.30   |   |   | $      | 0.42 |   |
| June 30, 2007      |   | $      | 4.50   |   |   | $      | 1.05 |   |
| March 31, 2007     |   | $      | 11.70  |   |   | $      | 3.00 |   |

----

----

----

|  Holder                               |   | Post Split Shares |       |   | Percentage |   |
|--------------------------------------------|--------|-------------------|------------|--------|------------|--------|
|  Existing common shareholders         |   |              | 583,309    |   |       |   | 1.19 | % |
|  Former Preferred "C" holders         |   |              | 36,100,000 |   |       |   | 73.43 | % |
|  Former Debt Holders- oral agreements |   |              | 12,478,357 |   |       |   | 25.38 | % |
|  TOTAL                                |   |              | 49,161,666 |   |       |   | 100 | % |
|                                       |   |              |       |   |       |   |   |   |

----

----

----

|                                                                                 |   | PAGE   |   |
|--------------------------------------------------------------------------------------|--------|--------|--------|
| Independent auditors’ report                                                   |   |   | 16     |   |
| Consolidated balance sheets                                                          |   |   | 17     |   |
| Consolidated statement of operations                                                 |   |   | 18     |   |
| Consolidated statement of  changes in stockholders’ equity (deficit) |   |   | 19     |   |
| Consolidated statement of cash flows                                                 |   |   | 20     |   |
| Notes to financial statements                                                        |   |   |   |   |
|                                                                                 |   |   |   |   |
|                                                                                 |   |   |   |   |
|                                                                                 |   |   |   |   |
|                                                                                 |   |   |   |   |
|                                                                                 |   |   |   |   |
|                                                                                 |   |   |   |   |

----

----

|                                                                                                                              |   | 2008          |        | 2007          |    |
|-----------------------------------------------------------------------------------------------------------------------------------|--------|---------------|-------------|---------------|---------|
| Current assets:                                                                                                                   |   | (as restated) |        | (as restated) |    |
| Cash                                                                                                                              |   | $             | 0           |          | $  | 0 |   |
| Accounts receivable, net                                                                                                          |   |          | 261,656     |          |    |   | 294,186 |   |
| Inventory                                                                                                                         |   |          | 484,368     |          |    |   | 309,246 |   |
| Prepaid expenses                                                                                                                  |   |          | 0           |          |    |   | 120,000 |   |
|           Total current assets                                                  |   |          | 746,024     |          |    |   | 723,432 |   |
|                                                                                                                              |   |          |        |          |    |   |   |   |
| Property and equipment, net                                                                                                       |   |          | 41,451      |          |    |   | 55,395 |   |
| Assets of discontinued operations                                                                                                 |   |          | 0           |          |    |   | 247,945 |   |
| Restricted cash                                                                                                                   |   |          | 100,734     |          |    |   | 103,836 |   |
| Deposits                                                                                                                          |   |          | 18,924      |          |    |   | 18,924 |   |
|                                                                                                                              |   |          |        |          |    |   |   |   |
|           Total assets                                                          |   | $             | 907,133     |          |    | $ | 1,149,532  |   |
|                                                                                                                              |   |          |        |          |    |   |   |   |
| Liabilities and Stockholders' Deficit                                                                                             |   |          |        |          |    |   |   |   |
| Current liabilities:                                                                                                              |   |          |        |          |    |   |   |   |
| Accounts payable and accrued liabilities                                                                                          |   | $             | 5,143,622   |          |    | $ | 4,801,956  |   |
| Bank overdraft                                                                                                                    |   |          | 9,110       |          |    |   | 29,495 |   |
| Due to related parties                                                                                                            |   |          | 349,950     |          |    |   | 337,616 |   |
| Accrued expenses                                                                                                                  |   |          | 1,295,131   |          |    |   | 850,462 |   |
| Customer deposits                                                                                                                 |   |          | 62,798      |          |    |   | 29,580 |   |
| Derivative liability                                                                                                              |   |          | 1,525,684   |          |    |   | 326,544 |   |
| Notes payable, current portion including related parties                                                                          |   |          | 3,120,418   |          |    |   | 3,222,218 |   |
|           Total current liabilities                                             |   |          | 11,506,713  |          |    |   | 9,597,871 |   |
|                                                                                                                              |   |          |        |          |    |   |   |   |
| Notes payable, long term                                                                                                          |   |          | 248,412     |          |    |   | 327,340  |   |
| Liabilities of discontinued operations                                                                                            |   |          | 0           |          |    |   | 1,463,966  |   |
| Total liabilities                                                                                                                 |   |          | 11,755,125  |          |    |   | 11,389,177  |   |
|                                                                                                                              |   |          |        |          |    |   |   |   |
| Stockholders' deficit                                                                                                             |   |          |        |          |    |   |   |   |
| Preferred "A"- $0.001 par value, voting, 166,667 shares authorized, 123,254 (2007 – 105,449) shares issued and outstanding  |   |          | 123         |          |    |   | 127 |   |
| Preferred "C" - $0.001 par value, voting, 103,143 shares authorized, 103,143 (2007 – 103,143) shares issued and outstanding |   |          | 103         |          |    |   | 103 |   |
| Common stock $0.001 par value, voting, 3,333,333 shares authorized, 583,309 (2007 – 542,807) shares issued and outstanding  |   |          | 584         |          |    |   | 548 |   |
| APIC                                                                                                                              |   |          | 1,340,868   |          |    |   | 19,554 |   |
| Accumulated deficit                                                                                                               |   |          | (12,189,670 | )             |    |   | (10,259,977 | ) |
|           Total stockholders' deficit                                           |   |          | (10,847,992 | )             |    |   | (10,239,645 | ) |
|                                                                                                                              |   |          |        |          |    |   |   |   |
| Total liabilities and stockholders' deficit                                                                                       |   | $             | 907,133     |          |    |  $ | 1,149,532  |   |

----

|                                                   | 2008          |       | 2007          |   |
|--------------------------------------------------------|---------------|------------|---------------|--------|
|                                                   | (as restated) |       | (as restated) |   |
| Total revenues                                         | $             | 4,063,149  |          | $      | 3,821,490 |   |
|  Cost of sales                                    |          | 2,643,974  |          |   | 2,663,769 |   |
|        Gross margin |          | 1,419,175  |          |   | 1,157,721 |   |
| Selling, general, and administrative expense           |          | 1,346,046  |          |   | 1,240,709 |   |
| Legal expense                                          |          | 82,274     |          |   | 1,895,268 |   |
| Interest expense                                       |          | 721,408    |          |   | 521,502 |   |
| Loss (gain) on derivative liability                    |          | 1,199,140  |          |   | (724,320 | )  |
| Net loss for the year                                  | $             | (1,929,693 | )        | $      | (1,775,438 | ) |
|                                                   |          |       |          |   |   |   |
| Net loss per common share -                            |          |       |          |   |   |   |
|     basic and diluted              | $             | (3.31      | )        | $      | (3.24 | ) |
|                                                   |          |       |          |   |   |   |
| Weighted average shares - basic and diluted            |          | 583,309    |          |   | 547,308 |   |

----

|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                | Additional                                                                                        |                                                                                                                      | Total                                                                                                                     |                                                                                                                |
|----------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------|--------------------|---------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|
|                                                                 | Preferred Series A                                                                                            |                                                                                              | Preferred Series C | Common Stock                                                                                            | Paid In                                                                                           | Retained                                                                                                            | Stockholders'                                                                                     |
| Description                                                          | Number                                                                                                        | Dollar                                                                                            |               | Number                                                                                                  | Dollar                                                                                            | Number                                                                                                              | Dollar                                                                                            | Capital                                                                                                                   | Earnings                                                                                                                  | Equity                                                                                                              |
|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
| Balance, December 31, 2006                                           |      2,884,117                                                                       |          2,884                                       |               |                  - |                 - |     16,368,710                                                                                  |        16,369                                                  |      31,832,986                                                                                  |     (37,820,426)                                                                                      |      (5,968,187)                                                                           |
|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
| retroactive effect of March 22, 2009 30:1 split                      |     (2,787,980)                                                                           |         (2,788)                                           |               |                                                                                                    |                                                                                              |    (15,823,086)                                                                                      |       (15,823)                                                      |            18,611                                                  |                                                                                                                      |                    - |
|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
| Balance, December 31, 2006 -post split                               |          96,137                                                  |               96            |               |                  - |                 - |          545,624                                                       |             546                       |      31,851,597                                                                                  |     (37,820,426)                                                                                      |      (5,968,187)                                                                           |
|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
| Issuance of common stock for services                                |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |           12,033                                                  |              12                  |            52,488                                                  |                                                                                                                      |           52,500                                                  |
|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
| Issuance for compensation                                            |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |          784,615                                                             |                                                                                                                      |          784,615                                                       |
|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
| Issuance of common stock for unpaid rent                             |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |             1,013                                       |                1       |              4,399                                       |                                                                                                                      |             4,400                                       |
|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
| Settlement of unpaid note interest                                   |                   - |                 - |               |                  - |                 - |           31,709                                                  |              32                  |            52,669                                                  |                     - |           52,701                                                  |
|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
| Conversion of notes to common stock                                  |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |           47,981                                                  |              48                  |            49,951                                                  |                                                                                                                      |           49,999                                                  |
|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
| Surrender for cancellation of common stock on disposal of WV Fiber   |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |         (108,200)                                                           |            (108)                           |         (490,038)                                                                 |                                                                                                                      |         (490,146)                                                           |
|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
| Common stock issued for cash                                         |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |           17,149                                                  |              17                  |          107,390                                                             |                                                                                                                      |          107,407                                                       |
|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
| Preferred sharess issued for services                                |            3,755                                       |                 4 |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |          208,796                                                             |                                                                                                                      |          208,800                                                       |
|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
| Re-acquisition of Series A Preferred on disposal of WV Fiber         |         (21,559)                                                      |              (22)                |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |         (931,334)                                                                 |                                                                                                                      |         (931,356)                                                           |
|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
| Re-issuance of Series A Preferred for acquisitions in 2006           |          48,676                                                  |               49            |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |        1,108,325                                                                       |                                                                                                                      |       1,108,374                                                                       |
|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
| Issuance of Series C Preferred                                       |                                                                                                          |                                                                                              |               |        103,143                                                       |             103                       |                                                                                                                |                                                                                              |            98,897                                                  |                     - |           99,000                                                  |
|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
| Eliminiate IMHI equity under reverse merger accounting               |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |     (32,878,201)                                                                                      |      29,335,887                                                                                  |      (3,542,314)                                                                           |
|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
| Net loss for the year ended                                          |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
|    December 31, 2007                                  |                   - |                 - |               |                  - |                 - |                    - |                 - |                     - |      (1,775,438)                                                                                 |      (1,775,438)                                                                           |
|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
| Balance, December 31, 2007                                           |         127,009                                                       |             127                       |               |        103,143                                                       |             103                       |          547,309                                                       |             548                       |            19,554                                                  |     (10,259,977)                                                                                      |    (10,239,645)                                                                                      |
|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
| Convert Preferred A to Common                                        |           (3,755)                                           |                (4)     |               |                                                                                                    |                                                                                              |           36,000                                                  |              36                  |         (231,376)                                                                 |                                                                                                                      |         (231,344)                                                           |
|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
| Spin off certain assets and liabilities assumed with earlier mergers |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |        1,552,690                                                                       |                                                                                                                      |       1,552,690                                                                       |
|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
| Net Income for the year ended                                        |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
|    December 31, 2008                                  |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |      (1,929,693)                                                                                 |      (1,929,693)                                                                           |
|                                                                 |                                                                                                          |                                                                                              |               |                                                                                                    |                                                                                              |                                                                                                                |                                                                                              |                                                                                                                      |                                                                                                                      |                                                                                                                |
| Balance, December 31, 2008                                           |         123,254                                                       |             123                       |               |        103,143                                                       |             103                       |          583,309                                                       |             584                       |        1,340,868                                                                       |     (12,189,670)                                                                                      |    (10,847,992)                                                                                      |

----

|                                                     |              |   | 2008          |       |    |  2007 |      |
|----------------------------------------------------------|-------------------|--------|---------------|------------|---------|------------|-----------|
|                                                     |              |   | (as restated) |       |    |       |      |
| Cash flows from operating activities:                    |              |   |          |       |    |       |
| Net loss                                                 |              |   |          | (1,929,693 | )  |       |      | (1,775,438 | ) |
| Adjustments to reconcile net loss to net cash            |              |   |          |       |    |       |      |   |
| provided by (used in) operating activities:,             |              |   |          |       |    |       |      |   |
| Depreciation                                             |              |   | 13,943        |       |    |       | 20,090    |   |
| Gain (loss) on derivatives                               |              |   | 1,199,140     |       |    |       | (724,320  | ) |
| Changes in operating assets and liabilities              |              |   |          |       |    |       |      |   |
| (Increase) decrease in assets                            |              |   |          |       |    |       |      |   |
| Accounts receivable                                      |              |   | 32,529        |       |    |       | 13,850    |   |
| Inventories                                              |              |   | (175,122      | )          |    |       | 339,008   |   |
| Prepaids                                                 |              |   | 120,000       |       |    |       | (117,920  | ) |
| Restricted cash                                          |              |   | 3,101         |       |    |       | (2,133    | ) |
| Advances                                                 |              |   |          |       |    |       |      |   |
| Increase (decrease) in liabilities                       |              |   |          |       |    |       |      |   |
| Accounts payable & accrued liabilities               |              |   | 786,914       |       |    |       | 1,776,640 |   |
| Due to related parties                                   |              |   | 12,333        |       |    |       | 206,709   |   |
| Bank overdraft                                           |              |   | (20,384       | )          |    |       | 29,495    |   |
| Customer deposits                                        |              |   | 33,218        |       |    |       |      |   |
| Net cash provided by (used in) for operating activities  |              |   | 75,979        |       |    |       | (234,019  | ) |
| Cash flows from investing activities:                    |              |   |          |       |    |       |      |   |
| Purchase of property and equipment                       |              |   | -             |       |    |       | (3,833    | ) |
| Net cash provided by (used in) for investing activities: |              |   |          |       |    |       | (3,833    | ) |
|                                                     |              |   |          |       |    |       |      |   |   |
| Cash flows from financing activities:                    |              |   |          |       |    |       |      |   |
| Proceeds from notes payable                              |              |   | 109,350       |       |    |       | 201,444   |   |
| Payments from notes payable                              |              |   | (185,329      | )          |    |       | (20,519   | ) |
| Net cash provided by (used in) financing activities      |              |   | (75,979       | )          |    |       | 180,925   |   |
| Net increase (decrease)  in cash               |              |   | 0             |       |    |       | (56,927   | ) |
| Cash,                                                    | Beginning of year |   |          | -          |    |       |      | 56,927 |   |
| Cash,                                                    | End of year       |   | $ nil    |       |    | $ nil |      |
| Supplemental cash flow information                       |              |   |          |       |    |       |      |   |
|   Cash Paid for interest                       |              |   | $             | 159,892    |    |       | $         | 453,738 |   |

----

----

----

----

|                                                                  |   | 2008   |     |   | 2007   |   |
|-----------------------------------------------------------------------|--------|--------|----------|--------|--------|--------|
| Gross Accounts Receivable                                             |   | $      | 772,295  |   |   | $      | 581,449 |   |
| Less:                                                                 |   |   |     |   |   |   |   |   |
|   Allowance for doubtful                                    |   |   | (125,000 | )      |   |   | (65,714 | ) |
|   Loan value of receivables sold with recourse (see note 6) |   |   | (385,639 | )      |   |   | (221,549 | ) |
| Total                                                                 |   | $      | 261,656  |   |   | $      | 294,186 |   |

|                                 |   | 2008   |     |   | 2007   |   |
|--------------------------------------|--------|--------|----------|--------|--------|--------|
| Fixed Assets – Cost            |   | $      | 303,870  |   |   | $      | 303,870 |   |
| Less:                                |   |   |     |   |   |   |   |   |
|   Accumulated Depreciation |   |   | (262,419 | )      |   |   | (248,475 | ) |
| Total                                |   | $      | 41,451   |   |   | $      | 55,395 |   |

----

|                                                       |   | 2008   |      |   | 2007   |   |
|------------------------------------------------------------|--------|--------|-----------|--------|--------|--------|
| ACCOUNTS PAYABLE                                           |   |   |      |   |   |   |
| Normal course of business                                  |   | $      | 1,489,731 |   |   | $      | 1,232,305 |   |
| Pertaining to law suits                                    |   |   | 2,762,466 |   |   |   | 2,734,199 |   |
|       Total Accounts Payable |   |   | 4,252,197 |   |   |   | 3,966,504 |   |
| ACCRUED LIABILITIES                                        |   |   |      |   |   |   |   |   |
| Accrued Salaries & Wages                               |   |   | 439,820   |   |   |   | 484,928 |   |
| Judgement Interest                                         |   |   | 292,188   |   |   |   |   |   |
| other                                                      |   |   | 159,417   |   |   |   | 350,524 |   |
|   Total Accrued Liabilities                      |   |   | 891,425   |   |   |   | 835,452 |   |
|       TOTAL                  |   | $      | 5,143,622 |   |   | $      | 4,801,956 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 2008   |   2007 |      |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------|-----------|
| Discounted convertible notes payable due to SovCap. SovCap is affiliated with a former officer and director of the Company and is a significant stockholder of the Company. These notes have a face interest rate of 12% and a penalty rate after default of 26%. The notes are unsecured and are due on demand. The notes areconvertible at rates between 85% and 75% of the average closing bid price of the Company's common stock for the five trading days ending on the trading day immediately preceding the conversion date. The notes were issued in six tranches between November 25, 2003 and August 24, 2004.  During 2008 none of the principal was converted into common stock. The notes are in default.  These notes are included in the Oral Agreements whose terms include the cessation of any liability for future penaltiesand interest. |   |        | 405,300   |   | 405,300 |   |
| Notes payable due to SovCap, for proceeds received during the third quarter of 2006, payable on demand after 45 days from the issue date, unsecured bearing interest at 12%. The notes are in default.  These notes are included in the Oral Agreements whose terms include the cessation of any liability for futurepenalties and interest.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |        | 118,500   |   | 118,500 |   |
| Notes payable due to SovCap, unsecured bearing interest at 8% and due on February 22, 2007, issued on February 22, 2005. The notes are convertible at rate of 75% of the average closing bid price of the Company's common stock for the five trading days ending on the trading day immediately preceding the conversiondate. The Company is presently in default of the payments on these notes, and as a result, the notes are accruing interest at the default rate of 26%.  The notes are in default.  These notes are included in the Oral Agreements whose terms include the cessation of any liability for future penalties and interest.                                                                                                                                                                                                        |   |        | 1,425,000 |   | 1,425,000 |   |
| Note payable to Dorn & Associates, in conjunction with a 2005 funding. Payable in 36 monthly instalments of $890 at an interest rate of 5%. The Company is presently in default of the payment terms on this note, and has classified the entire note balance as current.  These notes are unsecured.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |        | 25,177    |   | 25,177 |   |
| Convertible notes due to a former officer and shareholder of the Company, arising from a series pf advances during fiscal; 2003. These notes bear interest at 12%, are unsecured, and due on demand. The Company is presently in default of the payment terms on these notes. The notes are convertible into approximately 10,251shares at approximately $8.00 per share.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |        | 74,174    |   | 74,174 |   |
| Notes payable to an individual with interest at 10% collateralized by receivables and due on demand.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |        | 0         |   | 17,826 |   |
| Promissory note payable to AlphaWest Capital Partners, LLC, a party related to a former President and Director, in exchange for the March 24, 2006 proceeds in the same amount, unsecured with interest rate at 12% and due on demand.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |        | 25,000    |   | 25,000 |   |
| Notes payable to certain individual accredited investors with interest of 15% or 18% per annum and are payable on demand after 180 days from the issue date. Notes are convertible into units of common stock and warrants at a rate of one unit for every $5.00 converted.  Notes in the principal amount of $1,183,500were sold as a part of the sale of WV Fiber, Inc.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |        | 0         |   | 44,500 |   |
| Notes payable to former officer and other individual accredited investors, unsecured without specific terms of repayment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |        | 0         |   | 60,250 |   |
| Notes payable due to SovCap, unsecured                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |        | 0         |   | 161,250 |   |
| Notes payable, interest free, unsecured due on demand from a shareholder                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |        | 0         |   | 0 |   |
| Notes payable to Wells Fargo, payable in 60 monthly instalments of $8,572 including interest at bearing interest at Prime plus 2.75% (10.25% at December 31, 2008), through November 2012.  Secured by Equipment, Inventory, Accounts, Instruments, Chattel Paper and General Intangibles of TeleChem International,Inc.  Unconditional Guarantees by some of the company’s Class “C” shareholders and unconditional limited guarantees by the those shareholders’ spouses.  Guarantee secured by two residential properties and cash collateral of $276,000.                                                                                                                                                                                                                                                               |   |        | 323,283   |   | 392,952 |   |
| Notes payable, interest at 8%, unsecured due on demand from Arrayit creditors                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |        | 42,827    |   | 44,545 |   |
| Notes payable, interest at 5%, unsecured, due on demand from minority shareholders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |        | 109,350   |   | 0 |   |
| Notes payable, interest at 8%, unsecured due on demand from the former TeleChem shareholders and their families.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |        | 845,396   |   | 959,338 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |        | 3,368,830 |   | 3,753,812 |   |
| Notes payables included in liabilities of discontinued operations                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |        | 0         |   | (204,254 | ) |
| Notes payable including related parties                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |        | 3,368,830 |   | 3,549,558 |   |

----

| Year |   | Amount |   |
|------|--------|--------|--------|
| 2009 |   | $      | 74,871 |   |
| 2010 |   | $      | 80,084 |   |
| 2011 |   | $      | 85,660 |   |
| 2012 |   | $      | 82,699 |   |

| a)   | in future paragraph 21 of EITF 00-19 will be applicable, |
|----------------|----------------------------------------------------------|

| b)   | that the number of shares to be issued is determinable |
|----------------|--------------------------------------------------------|

| c)   | once the Company is able to increase its authorized share capital, the Company will no longer need to provide for the imbedded derivative. |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------|

----

|  Common stock issuable upon exercise of warrants               |   |   | 1,250,000 |   |
|---------------------------------------------------------------------|--------|--------|-----------|--------|
|  Estimated market value of common stock on measurement date(1) |   | $      | .01       |   |
|  Exercise price                                                |   | $      | 2.25      |   |
|  Risk free interest rate (2)                                   |   |   | 3.34      | %      |
|  Warrant lives in years                                        |   |   | 4.05      |   |
|  Expected Volatility (3)                                       |   |   | 83.63     | %      |
|  Expected dividend yields (4)                                  |   | None   |      |
|                                                                |   |   |      |   |

| (1)       | The estimated market value of the stock is measured each period end and is based reported public market prices.                                              |
|-----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2)       | The risk-free interest rate was estimated by management using the U.S. Treasury zero-coupon yield over the contractual term of the warrant on date of grant. |
|  (3) | The volatility factor was estimated by management using the Company’s historical volatilities of its stock price.                                      |   |
|  (4) | Management estimated the dividend yield at 0% based upon its expectation that there will not be earnings available to pay dividends in the near term.   |   |

|     |   | 2008   |    |   | 2007   |   |
|----------|--------|--------|---------|--------|--------|--------|
| Biotech  |   | $      | 445,534 |   |   | $      | 256,237 |   |
| Chemical |   |   | 38,834  |   |   |   | 53,009 |   |
| Total    |   | $      | 484,368 |   |   | $      | 309,246 |   |

| Sales         |                |   | 2008   |      |   | 2007   |   |
|---------------|---------------------|--------|--------|-----------|--------|--------|--------|
|          | Biotech             |   | $      | 3,721,751 |   |   | $      | 3,310,412 |   |
|          | Chemical            |   |   | 341,399   |   |   |   | 511,078 |   |
|          | Total Sales         |   |   | 4,063,149 |   |   |   | 3,821,490 |   |
|          |                |   |   |      |   |   |   |   |   |
| Cost of Sales |                |   |   |      |   |   |   |   |   |
|          | Biotech             |   |   | 2,079,375 |   |   |   | 2,185,948 |   |
|          | Chemical            |   |   | 564,599   |   |   |   | 477,821 |   |
|          | Total Cost of Sales |   |   | 2,643,974 |   |   |   | 2,663,769 |   |
|          |                |   |   |      |   |   |   |   |   |
| Gross Profit  |                |   |   |      |   |   |   |   |   |
|          | Biotech             |   |   | 1,642,375 |   |   |   | 1,124,464 |   |
|          | Chemical            |   |   | (223,200  | )      |   |   | 33,257 |   |
|          | Total Gross Profit  |   | $      | 1,419,175 |   |   | $      | 1,157,721 |   |

----

|                                          |   | 2008   |   |   | 2007   |   |
|-----------------------------------------------|--------|--------|--------|--------|--------|--------|
|  Assets of discontinued operations:      |   |   |   |   |   |   |
|  Cash                                    |   |   |   |   |   | $      | 99,996 |   |
|  Accounts receivable                     |   |   | -      |   |   |   |   |   |
|  Prepaid expenses                        |   |   | -      |   |   |   |   |   |
|  Property and equipments                 |   |   | -      |   |   |   |   |   |
|  Other noncurrent assets                 |   |   |   |   |   |   | 147,949 |   |
|  Total assets of discontinued operations |   |   |   |   |   | $      | 247,945 |   |
|                                          |   |   |   |   |   |   |   |   |
|  Liabilities of Discontinued operations  |   |   |   |   |   |   |   |   |
|  Accounts payable and accrued expenses   |   |   |   |   |   | $      | 1,463,965 |   |
|                                          |   |   |   |   |   |   |   |   |
|                                          |   |   |   |   |   |   |   |   |

----

|                             |   | Number of Options and Warrants |       |   | Weighted Average Exercise Price Per Share |   |
|----------------------------------|--------|--------------------------------|------------|--------|-------------------------------------------|--------|
| Outstanding at December 31, 2006 |   |                           | 11,965,000 |   |                                      | $      | 0.09 |   |
| Granted      |   |                           | -          |   |                                      |   | - |   |
| Cancelled/forfeited              |   |                           | (3,013,000 | )      |                                      |   | - |   |
| Expired                          |   |                           | -          |   |                                      |   | - |   |
| Exercised                        |   |                           | -          |   |                                      |   | - |   |
| Outstanding at December 31, 2007 |   |                           | 8,952,000  |   |                                      | $      | 0.10 |   |
| Granted      |   |                           | 1,250,000  |   |                                      | $      | 0.01 |   |
| Cancelled/forfeited              |   |                           | (8,952,000 | )      |                                      |   | - |   |
| Expired                          |   |                           | -          |   |                                      |   | - |   |
| Exercised                        |   |                           | -          |   |                                      |   | - |   |
| Outstanding at December 31, 2008 |   |                           | 1,250,000  |   |                                      | $      | 0.01 |   |

----

| Range of Exercise |   |   | Number Outstanding |   |      | Weighted Average Remaining Contractual Life (years) |   |   | Weighted Average Exercise Price |   |   | Number Exercised |   |   | Average Exercise Price |   |
|-------------------|--------|--------|--------------------|--------|-----------|-----------------------------------------------------|--------|--------|---------------------------------|--------|--------|------------------|--------|--------|------------------------|--------|
| $                 | 0.01   |   |               |   | 1,250,000 |                                                |   |   | 5                               |   |   |             | 0.01   |   |                   |   | 0 |   |   | $ | 0.01 |   |

| On February 6, 2008, Integrated Media Holdings, Inc., a Delaware corporation (“IMHI” or the “Company”), filed a Current Report on Form 8-K (the “Original Filing”) announcing, among other things, the merger of TeleChem International, Inc. (“TeleChem”) a privately held Delaware corporation  (“TeleChem”)with and into a wholly-owned subsidiary of IMHI (the “Merger”), and that as a result TeleChem became a wholly owned subsidiary of IMHI. It is the intention of the parties for IMHI to divest itself of those operations designated as Discontinued Operations in IMHI's December 31, 2007 Form 10-KSB, upon completion of the merger. For accounting purposes, this transaction was treated as an acquisition of IMHI and a recapitalization of TeleChem. TeleChem is the accounting acquirer and the results of its operations carryover. Accordingly, the operations of IMHI are not carried over. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   (f)Restatement of Share Capital Under Reverse Merger Accounting   In accounting for this reverse merger, the legal share capital is that of IMHI (the legal parent) and the value of the share capital is calculated as described above.     Upon completion of this transaction, Arrayit will have 17,499,262 of its $ 0.001 par value common share issued and outstanding and 3,697,611 of its $ 0.001 pare value Series A preferred shares issued and outstanding and nil of its $ 0.001 par value Series C preferred shares issued and outstanding. In addition, Arrayit will have 1,250,000 warrants and options to purchase common shares after reflecting the cancellation of 1,750,000 common stock purchase warrants surrendered as consideration for the disposition of the former Endavo subsidiary of IMHI. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

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

|                                              |   | December 31, 2008     |        |
|---------------------------------------------------|--------|-----------------------|-------------|
|                                              |   | As initially reported |        | Adjustment |   |   | As restated |   |
|                                              |   |                  |        |   |   |   |   |   |
| Current assets                                    |   | $                     | 746,024     |   | $ | - |   |   | $ | 746,024 |   |
| Property and equipment, net                       |   |                  | 41,451      |   |   | - |   |   |   | 41,451 |   |
| Assets of discontinued operations                 |   |                  | 247,945     |   |   | (247,945 | ) | (a) |   | 0 |   |
| Restricted cash                                   |   |                  | 100,734     |   |   | - |   |   |   | 100,734 |   |
| Deposits                                          |   |                  | 18,924      |   |   | - |   |   |   | 18,924 |   |
| Total assets                                      |   |                  | 1,155,079   |   |   | (247,946 | )  |   |   | 907,133 |   |
|                                              |   |                  |        |   |   |   |   |   |   |   |   |
| Current liabilities:                              |   |                  |        |   |   |   |   |   |   |   |   |
| Accounts payable and accrued liabilities          |   |                  | 5,994,084   |   |   | (850,462 | ) | (b) |   | 5,143,622 |   |
| Bank overdraft                                    |   |                  | 9,110       |   |   | - |   |   |   | 9,110 |   |
| Due to related parties                            |   |                  | 349,950     |   |   | - |   |   |   | 349,950 |   |
| Accrued expenses                                  |   |                  | 444,669     |   |   | 850,462 |   | (b) |   | 1,295,131 |   |
| Customer deposits                                 |   |                  | 62,798      |   |   | - |   |   |   | 62,798 |   |
| Derivative liability                              |   |                  | 1,525,684   |   |   | - |   |   |   | 1,525,684 |   |
| Notes payable, current portion                    |   |                  | 3,457,087   |   |   | (336,669 | ) |  (a) |   | 3,120,418 |   |
| Total current liabilities                         |   |                  | 11,843,382  |   |   | (336,669 | ) |   |   | 11,506,713 |   |
| Notes payable, long term                          |   |                  | 248,412     |   |   | - |   |   |   | 248,412 |   |
| Liabilities of discontinued operations            |   |                  | 1,463,966   |   |   | (1,463,966 | ) | (a) |   | 0 |   |
| Total liabilities                                 |   |                  | 13,555,760  |   |   | (1,800,635 | ) |   |   | 11,755,125 |   |
|                                              |   |                  |        |   |   |   |   |   |   |   |   |
| Stockholders’ deficit:                      |   |                  |        |   |   |   |   |   |   |   |   |
| Preferred “A”                         |   |                  | 123         |   |   | - |   |   |   | 123 |   |
| Preferred “B”                         |   |                  | 103         |   |   | - |   |   |   | 103 |   |
| Common stock                                      |   |                  | 584         |   |   | - |   |   |   | 584 |   |
| Additional paid-in capital                        |   |                  | (4,681,360  | )  |   | 6,022,228 |   | (c) |   | 1,340,868 |   |
| Deficit accumulated                               |   |                  | (7,720,133  | ) |   | (4,469,538 | ) | (c) |   | (12,189,670 | ) |
| Total stockholders’ deficit                 |   |                  | (12,400,681 | ) |   | 1,552,689 |   |   |   | (10,847,992 | )  |
|                                              |   |                  |        |   |   |   |   |   |   |   |   |
| Total liabilities and stockholders’ deficit |   | $                     | 1,155,079   |   | $ | (247,946 | ) |   | $ | 907,133 |   |
|                                              |   |                  |        |   |   |   |   |   |   |   |   |

| (a)   | To record divestiture of assets and liabilities related to discontinued operations.  .                        |
|-----------------|-------------------------------------------------------------------------------------------------------------------------|
| (b)   | To break out the portion of accrued interest that had been grouped with accounts payable and other accrued liabilities. |

| (c)   | To reclassify equity accounts to properly record effects of divestiture. |
|-----------------|--------------------------------------------------------------------------|

----

|                                                     |   | December 31, 2007     |       |
|----------------------------------------------------------|--------|-----------------------|------------|
|                                                     |   | As initially reported |       |   | Adjustment |   |   | As restated |   |
|                                                     |   |                  |       |   |   |   |   |   |   |
| Current assets                                           |   | $                     | 723,432    |   |   | $ | - |   |   | $ | 723,432 |   |
| Total assets                                             |   |                  | 1,149,532  |   |   |   | - |   |   |   | 1,149,532 |   |
|                                                     |   |                  |       |   |   |   |   |   |   |   |   |   |
| Current liabilities:                                     |   |                  |       |   |   |   |   |   |   |   |   |   |
| Accounts payable and accrued liabilities                 |   |                  | 4,796,835  |   |   |   | 5,121 |   | (a) |   | 4,801,956 |   |
| Bank overdraft                                           |   |                  | 29,495     |   |   |   | - |   |   |   | 29,495 |   |
| Due to related parties                                   |   |                  | 337,616    |   |   |   | - |   |   |   | 337,616 |   |
| Accrued expenses                                         |   |                  | 0          |   |   |   | 850,462 |   | (a) |   | 850,462 |   |
| Customer deposits                                        |   |                  | 29,580     |   |   |   | - |   |   |   | 29,580 |   |
| Derivative liability                                     |   |                  | 0          |   |   |   | 326,544 |   | (a) |   | 326,544 |   |
| Notes payable, current portion including related parties |   |                  | 3,222,218  |   |   |   | - |   |   |   | 3,222,218 |   |
| Total current liabilities                                |   |                  | 8,415,744  |   |   |   | 1,182,127 |   |   |   | 9,597,871 |   |
| Notes payable, long term                                 |   |                  | 327,340    |   |   |   | - |   |   |   | 327,340 |   |
| Liabilities of discontinued operations                   |   |                  | 1,463,966  |   |   |   | - |   |   |   | 1,463,966 |   |
| Total liabilities                                        |   |                  | 10,207,050 |   |   |   | 1,182,127 |   |   |   | 11,389,177 |   |
|                                                     |   |                  |       |   |   |   |   |   |   |   |   |   |
| Stockholders’ deficit:                             |   |                  |       |   |   |   |   |   |   |   |   |   |
| Preferred “A”                                |   |                  | 127        |   |   |   | - |   |   |   | 127 |   |
| Preferred “B”                                |   |                  | 103        |   |   |   | - |   |   |   | 103 |   |
| Common stock                                             |   |                  | 548        |   |   |   | - |   |   |   | 548 |   |
| Additional paid-in capital                               |   |                  | (3,406,963 | )  |   |   | 3,387,409 |   | (a) |   | 19,554 |   |
| Deficit accumulated                                      |   |                  | (5,690,441 | ) |   |   | (4,569,536 | ) | (a) |   | (10,259,977 | ) |
| Total stockholders’ deficit                        |   |                  | (9,057,518 | ) |   |   | (1,182,127 | )  |   |   | (10,239, 645 | )  |
|                                                     |   |                  |       |   |   |   |   |   |   |   |   |   |
| Total liabilities and stockholders’ deficit        |   | $                     | 1,149,532  |   |   | $ | - |   |   | $ | 1,149,532 |   |
|                                                     |   |                  |       |   |   |   |   |   |   |   |   |   |

| (a)   | To adjust balance sheet to for effects of reverse merger accounting. |
|-----------------|----------------------------------------------------------------------|

|                                                                    |   | Years ended December 31, 2007 and 2008 |        |
|-------------------------------------------------------------------------|--------|----------------------------------------|-------------|
|                                                                    |   | As initially reported                  |        |   | Adjustment |   |   | As restated |   |
| Balance, December 31, 2006                                              |   | $                                      | 31,851,597  |   |   | $ | - |   |   | $ | 31,851,597 |   |
| Issuance of common stock for services                                   |   |                                   | 52,488      |   |   |   | - |   |   |   | 52,488 |   |
| Issuance for compensation                                               |   |                                   | 784,615     |   |   |   | - |   |   |   | 784,615 |   |
| Issuance of common stock for unpaid rent                                |   |                                   | 4,399       |   |   |   | - |   |   |   | 4,399 |   |
| Settlement of unpaid note interest                                      |   |                                   | 52,699      |   |   |   | - |   |   |   | 52,699 |   |
| Conversion of notes to common stock                                     |   |                                   | 48,951      |   |   |   | - |   |   |   | 48,951 |   |
| Surrender for cancellation of common stock on disposal of WV Fiber      |   |                                   | (490,038    | ) |   |   | - |   |   |   | (490,038 | ) |
| Common stock issued for cash                                            |   |                                   | 107,390     |   |   |   | - |   |   |   | 107,390 |   |
| Preferred shares issued for services                                    |   |                                   | 208,796     |   |   |   | - |   |   |   | 208,796 |   |
| Re-acquisition of Series A Preferred on disposal of WV Fiber            |   |                                   | (931,334    | ) |   |   | - |   |   |   | (931,334 | ) |
| Re-issuance of Series A Preferred for acquisitions in 2006              |   |                                   | 1,108,325   |   |   |   | - |   |   |   | 1,108,325 |   |
| Issuance of Series C Preferred                                          |   |                                   | 98,897      |   |   |   | - |   |   |   | 98,897 |   |
| Eliminate IMHI equity under reverse merger accounting                   |   |                                   | (36,265,610 | ) |   |   | 3,387,409 |   |  (a) |   | (32,878,201 | ) |
| Balance, December 31, 2007                                              |   |                                   | (3,367,855  | ) |   |   | 3,387,409 |   |   |   | 19,554 |   |
| Convert Preferred A into Common                                         |   |                                   | (1,314,439  | ) |   |   | 1,083,063 |   | (b) |   | (231,376 | ) |
| Spin off of certain assets and liabilities assumed with earlier mergers |   |                                   | -           |   |   |   | 1,552,690 |   |  (c) |   | 1,552,690 |   |
| Balance, December 31, 2008                                              |   | $                                      | (4,682,294  | ) |   |   | 6,023,162 |   |   | $ | 1,340,868 |   |

| (a)   | To correct the statements of changes in equity for the effects of reverse merger accounting. |
|-----------------|----------------------------------------------------------------------------------------------|
| (b)   | To correct the restatement of IMHI’s in conjunction with the merger.                   |

| (c)   | To record the divestiture of assets and liabilities related to discontinued operations that were included in the merger. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------|

----

|                                                  |   | Years ended December 31, 2007 and 2008 |        |
|-------------------------------------------------------|--------|----------------------------------------|-------------|
|                                                  |   | As initially reported                  |        |   | Adjustment |   |   | As restated |   |
| Balance, December 31, 2006                            |   | $                                      | (37,820,426 | ) |   | $ | - |   |   | $ | (37,820,426 | ) |
| Eliminate IMHI equity under reverse merger accounting |   |                                   | 37,820,426  |   |   |   | (8,484,539 | ) |  (a) |   | 29,335,887 |   |
| Net loss for the year ended December 31, 2007         |   |                                   | (5,690,441  | ) |   |   | 3,915,003 |   | (a) |   | (1,775,438 | ) |
| Balance, December 31, 2007                            |   |                                   | (5,690,441  | ) |   |   | (4,569,536 | ) |   |   | (10,259,977 | ) |
| Net loss for the year ended December 31, 2008         |   |                                   | (2,029,693  | ) |   |   | 99,999 |   |   |   | (1,929,694 | ) |
| Balance, December 31, 2008                            |   | $                                      | (7,720,134  | ) |   |   | (4,469,537 | ) |   | $ | (12,189,671 | ) |

| (a)   | To correct the statements of changes in equity for the effects of reverse merger accounting. |
|-----------------|----------------------------------------------------------------------------------------------|

|                                               |   | Year ended December 31, 2008 |      |
|----------------------------------------------------|--------|------------------------------|-----------|
|                                               |   | As initially reported        |      |   | Adjustment |   |   | As restated |   |
| Total revenues                                     |   | $                            | 4,063,149 |   |   | $ | - |   |   | $ | 4,063,149 |   |
| Cost of sales                                      |   |                         | 2,643,974 |   |   |   | - |   |   |   | 2,643,974 |   |
| Gross margin                                       |   |                         | 1,419,175 |   |   |   |   |   |   |   | 1,419,175 |   |
| Selling, general, and administrative expense       |   |                         | 1,346,046 |   |   |   | - |   |   |   | 1,346,046 |   |
| Legal expense                                      |   |                         | 82,274    |   |   |   |   |   |   |   | 82,274 |   |
|     Interest expense           |   |                         | 721,408   |   |   |   | - |   |   |   | 721,408 |   |
| Loss (gain) on derivative liability                |   |                         | 1,299,139 |   |   |   | (99,999 | ) | (a) |   | 1,199,140 |   |
| Net loss for the year                              |   |                         | 2,029,692 |   |   |   | (99,999 | ) |   |   | 1,929,693 |   |
|                                               |   |                         |      |   |   |   |   |   |   |   |   |   |
| Net loss per common share - basic and diluted |   | $                            | (3.48     | ) |   |   | 0.17 |   | (a) | $ | (3.31 | ) |
|                                               |   |                         |      |   |   |   |   |   |   |   |   |   |
| Weighted average shares - basic and diluted        |   |                         | 583,309   |   |   |   | - |   |   |   | 583,309 |   |

| (a)   | To correct arithmetic error. |
|-----------------|------------------------------|

Impact on Statements of Cash Flows 

|                                                                                      |   | Year ended December 31, 2008 |       |
|-------------------------------------------------------------------------------------------|--------|------------------------------|------------|
|                                                                                      |   | As initially reported        |       |   | Adjustment |   |   | As restated |   |
| Cash flows from operating activities:                                                     |   |                         |       |   |   |   |   |   |   |
| Net loss                                                                                  |   | $                            | (2,029,692 | ) |   | $ | 99,999 |   | (a) | $ | (1,929,693 | ) |
| Adjustments to reconcile net loss to net cash provided by (used in) operating activities: |   |                         |       |   |   |   |   |   |   |   |   |   |
| Depreciation                                                                              |   |                         | 13,943     |   |   |   | - |   |   |   | 13,943 |   |
| Gain (loss) on derivatives                                                                |   |                         | 1,299,139  |   |   |   | (99,999 | ) | (a) |   | 1,199,140 |   |
| Changes in operating assets and liabilities:                                              |   |                         |       |   |   |   |   |   |   |   |   |   |
| (Increase) decrease in assets                                                             |   |                         |       |   |   |   |   |   |   |   |   |   |
| Accounts receivable                                                                       |   |                         | 32,529     |   |   |   | - |   |   |   | 32,529 |   |
| Inventories                                                                               |   |                         | (175,122   | ) |   |   | - |   |   |   | (175,122 | ) |
| Prepaids                                                                                  |   |                         | 120,000    |   |   |   | - |   |   |   | 120,000 |   |
| Restricted cash                                                                           |   |                         | 3,101      |   |   |   | - |   |   |   | 3,101 |   |
| Increase (decrease) in liabilities                                                        |   |                         |       |   |   |   |   |   |   |   |   |   |
| Accounts payable & accrued liabilities                                                |   |                         | 786,914    |   |   |   | - |   |   |   | 786,914 |   |
| Due to related parties                                                                    |   |                         | 12,333     |   |   |   | - |   |   |   | 12,333 |   |
| Bank overdraft                                                                            |   |                         | (20,384    | ) |   |   | - |   |   |   | (20,384 | ) |
| Customer deposits                                                                         |   |                         | 33,218     |   |   |   | - |   |   |   | 33,218 |   |
| Net cash provided by (used in) for operating activities                                   |   |                         | 75,979     |   |   |   |   |   |   |   | 75,979 |   |
| Net cash provided by (used in) for investing activities                                   |   |                         | -          |   |   |   | - |   |   |   | - |   |
| Net cash provided by (used in) financing activities                                       |   |                         | (75,979    | ) |   |   | - |   |   |   | (75,979 | ) |
| Net increase (decrease)  in cash                                                |   |                         | 0          |   |   |   | - |   |   |   | 0 |   |
| Cash, Beginning of year                                                                   |   |                         |       |   |   |   |   |   |   |   |   |   |
| Cash, End of year                                                                         |   | $nil                         |       |   |   | - |   |   | $nil |   |
|                                                                                      |   |                         |       |   |   |   |   |   |   |   |   |   |
| Supplemental cash flow information                                                        |   |                         |       |   |   |   |   |   |   |   |   |   |
| Cash Paid for interest                                                                    |   | $                            | 159,892    |   |   |   | - |   |   | $ | 159,892 |   |

| (a)   | To correct arithmetic error. |
|-----------------|------------------------------|

----

----

| Name              | Position                                                    | Year of Appointment |
|-------------------|-------------------------------------------------------------|---------------------|
| Rene Schena       | Chairman, Director and CEO                                  | 2007                |
| Todd J Martinsky  | Vice President and Director                                 | 2007                |
| Mark Schena, Ph.D | President, Chief Technology Officer, Secretary and Treasury | 2007                |
| Paul Haje         | Director of Advertising and Public Relations                | 2007                |
| William L. Sklar  | Director                                                    | 2007                |

----

| Name and Principal Position                                   | Year   |   | Salary |   |   | Bonus  |   |   | Stock Awards |   |   | Options Awards |   |   | All Other Compensation |   |   | Total  |   |
|---------------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------------|--------|--------|----------------|--------|--------|------------------------|--------|--------|--------|--------|
|                                                          |   |   | ($)    |   |   | ($)    |   |   | ($)          |   |   | ($)            |   |   | ($)                    |   |   | ($)    |   |
|                                                          |   |   |   |   |   |   |   |   |         |   |   |           |   |   |                   |   |   |   |   |
| Rene A Schena                                                 | 2008   |   | $      | 45,000 |   |   |   | -      |         |   |   | -              |   |   |                   | -      |   |   |   | - |   |   | $ | 45,000 |   |
| Chairman, Director and CEO                                    | 2007   |   | $      | 22,500 |   |   |   | -      |         |   |   | -              |   |   |                   | -      |   |   |   | - |   |   | $ | 22,500 |   |
|                                                          |   |   |   |   |   |   |   |   |         |   |   |           |   |   |                   |   |   |   |   |   |   |   |   |   |   |
| Todd J Martinsky                                              | 2008   |   |   | -      |   |   |   | -      |         |   |   | -              |   |   |                   | -      |   |   | $      | 5,707 |   |   | $ | 5,707 |   |
| Vice President and Director                                   | 2007   |   |   |   |   |   |   | -      |         |   |   | -              |   |   |                   | -      |   |   | $      | 1,900 |   |   | $ | 1,900 |   |
|                                                          |   |   |   |   |   |   |   |   |         |   |   |           |   |   |                   |   |   |   |   |   |   |   |   |   |   |
| Mark Schena, Ph.D                                             | 2008   |   |   |   |   |   |   | -      |         |   |   | -              |   |   |                   | -      |   |   | $      | 250,000 |   |   | $ | 250,000 |   |
| President, Chief Technology Officer, Secretary & Treasury | 2007   |   |   |   |   |   |   |   |         |   |   |           |   |   |                   |   |   |   | $      | 250,000 |   |   | $ | 250,000 |   |
|                                                          |   |   |   |   |   |   |   |   |         |   |   |           |   |   |                   |   |   |   |   |   |   |   |   |   |   |
| William L. Sklar (3)                                          | 2008   |   |   | -      |   |   |   | -      |         |   |   | -              |   |   |                   | -      |   |   | $      |   |   |   | $ |   |   |
| CFO                                                           | 2007   |   |   | -      |   |   |   | -      |         |   |   | -              |   |   |                   | -      |   |   |   | - |   |   |   | - |   |
|                                                          |   |   |   |   |   |   |   |   |         |   |   |           |   |   |                   |   |   |   |   |   |   |   |   |   |   |
| Paul Haje                                                     | 2008   |   | $      | 96,845 |   |   |   | -      |         |   |   | -              |   |   |                   | -      |   |   |   | - |   |   | $ | 96,845 |   |
| Director of Advertising and Public Relations                  | 2007   |   | $      | 99,448 |   |   |   | -      |         |   |   | -              |   |   |                   | -      |   |   |   | - |   |   | $ | 99,448 |   |
|                                                          |   |   |   |   |   |   |   |   |         |   |   |           |   |   |                   |   |   |   |   |   |   |   |   |   |   |

----

|   | · | simplicity, clarity, and fairness to both the employee and the Company; |
|--------|--------|-------------------------------------------------------------------------|
|   | · | preservation of Company resources, including available cash; and        |

|   | · | opportunity to receive fair compensation if the Company is successful. |
|--------|--------|------------------------------------------------------------------------|

|   | · | Base Salary and Benefits are designed to provide a minimum threshold to attract and retain employees identified as necessary for our success.                                           |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | · | Cash Bonuses and equity awards are designed to provide supplemental compensation when the Company achieves financial or operational goals within the limits of our available resources. |

|  Name           |   | Fees Earned or Paid in Cash($) |   |   | Stock Awards($) |   |   | Option Awards($) |   |   | All Other Compensation($) |   |   | Total($) |   |
|----------------------|--------|--------------------------------|--------|--------|-----------------|--------|--------|------------------|--------|--------|---------------------------|--------|--------|----------|--------|
|                 |   |                           |   |   |            |   |   |             |   |   |                      |   |   |     |   |
| Rene Schena (1)      |   |                           | -      |   |            |   | -      |             |   |   | -                         |   |   |     | -      |   |   |   | - |   |
| Mark Schena (1)      |   |                           | -      |   |            |   | -      |             |   |   | -                         |   |   |     | -      |   |   |   | - |   |
| Todd Martinsky (1)   |   |                           | -      |   |            |   | -      |             |   |   | -                         |   |   |     | -      |   |   |   | - |   |
| William L. Sklar (1) |   |                           | -      |   |            |   | -      |             |   |   | -                         |   |   |     | -      |   |   |   | - |   |

| Share Class |   | Outstanding |      |   | Conversion Factor |   |   | Common Share Equivalents |   |
|-------------|--------|-------------|-----------|--------|-------------------|--------|--------|--------------------------|--------|
|        |   |        |      |   |              |   |   |                     |   |
| Class A     |   |        | 25,695    |   |              |   | 9.6    |                     |   |   | 246,672 |   |
| Class C     |   |        | 103,143   |   |              |   | 350    |                     |   |   | 36,100,050 |   |
| Common      |   |        | 3,295,809 |   |              |   | 1      |                     |   |   | 3,295,809 |   |
|        |   |        |      |   |              |   |   |                     |   |   | 39,642,531 |   |
|        |   |        |      |   |              |   |   |                     |   |   |   |   |

----

|                                                           |   | Common Stock |    |   |   |   |   | Series A Preferred Stock |   |   | Series C Preferred Stock |   |   | Total Voting Shares Based on All Voting Shares Outstanding |    |   | Total % |       |
|----------------------------------------------------------------|--------|--------------|---------|--------|--------|--------|--------|--------------------------|--------|--------|--------------------------|--------|--------|------------------------------------------------------------|---------|--------|---------|------------|
| Officers and Directors                                         |   |         |    |   |   |   |   |                     |   |   |                     |   |   |                                                       |    |   |    |       |
| Rene A Schena,                                                 |   |         | 0       |   |   |   |   |                     |   | 0      |                     |   |   | 42,857                                                     |    |   |    | 14,999,950 |   |   |   | 37.8 | % |
| Chief Executive Officer,                                       |   |         |    |   |   |   |   |                     |   |   |                     |   |   |                                                       |    |   |    |       |   |   |   |   |   |
| Chief Financial Officer and Director                           |   |         |    |   |   |   |   |                     |   |   |                     |   |   |                                                       |    |   |    |       |   |   |   |   |   |
| Mark Schena, Director                                          |   |         | 0       |   |   |   |   |                     |   | 0      |                     |   |   | 14,286                                                     |    |   |    | 5,000,100  |   |   |   | 12.6 | % |
| William L. Sklar, Director                                     |   |         | 667     |   |   |   |   |                     |   |   |                     |   |   | 0                                                          |    |   |    | 667        |   |   |   | 0.0 | % |
| Todd Martinsky, Director                                       |   |         | 0       |   |   |   |   |                     |   | 0      |                     |   |   | 28,571                                                     |    |   |    | 9,999,850  |   |   |   | 25.2 | % |
| Paul K. Haje                                                   |   |         | 0       |   |   |   |   |                     |   | 0      |                     |   |   | 14,286                                                     |    |   |    | 5,000,100  |   |   |   | 12.6 | % |
| Director of Advertising and Public Relations                   |   |         |    |   |   |   |   |                     |   |   |                     |   |   |                                                       |    |   |    |       |   |   |
|                                                           |   |         |    |   |   |   |   |                     |   |   |                     |   |   |                                                       |    |   |    |       |   |   |   |   |   |
| Greater Than 5% Shareholders                                   |   |         |    |   |   |   |   |                     |   |   |                     |   |   |                                                       |    |   |    |       |   |   |
| WV Fiber, LLC (2)                                              |   |         | 135,182 |   |   |   |   |                     |   | 0      |                     |   |   | 0                                                          |    |   |    | 135,182    |   |   |   | 0.3 | % |
| Mashrua Shipping & Transport Ltd. (3)                      |   |         | 33,333  |   |   |   |   |                     |   | 0      |                     |   |   | 0                                                          |    |   |    | 33,333     |   |   |   | 0.1 | % |
| WEM Equity Capital Investments, Ltd. (4)                       |   |         | 2,398   |   |   |   | (1     | )                        |   |   | 11,850                   |   |   |                                                       | 0       |   |    |       | 116,160 |   |   |   | 0.3 | % |
| Briarpatch, Ltd. (5)                                           |   |         | 2,398   |   |   |   | (1     | )                        |   |   | 11,850                   |   |   |                                                       | 0       |   |    |       | 116,160 |   |   |   | 0.3 | % |
| Donald Sapaugh                                                 |   |         | 1,467   |   |   |   | (1     | )                        |   |   | 7,248                    |   |   |                                                       | 0       |   |    |       | 71,045 |   |   |   | 0.2 | % |
| Hunter Carr                                                    |   |         | 1,448   |   |   |   | (1     | )                        |   |   | 7,157                    |   |   |                                                       | 0       |   |    |       | 70,155 |   |   |   | 0.2 | % |
| First Sage Equity, Inc. (6)                                    |   |         | 1,671   |   |   |   | (1     | )                        |   |   | 8,258                    |   |   |                                                       | 0       |   |    |       | 80,948 |   |   |   | 0.2 | % |
| Phillip Johnson                                                |   |         | 1,393   |   |   |   | (1     | )                        |   |   | 6,882                    |   |   |                                                       | 0       |   |    |       | 67,456 |   |   |   | 0.2 | % |
| Jukka Tolonen                                                  |   |         | 1,338   |   |   |   | (1     | )                        |   |   | 6,613                    |   |   |                                                       | 0       |   |    |       | 64,826 |   |   |   | 0.2 | % |
| Fairfield Financing, Inc. (7)                                  |   |         | 1,671   |   |   |   | (1     | )                        |   |   | 8,258                    |   |   |                                                       | 0       |   |    |       | 80,948 |   |   |   | 0.2 | % |
|                                                           |   |         |    |   |   |   |   |                     |   |   |                     |   |   |                                                       |    |   |    |       |   |   |   |   |   |   |
|  All of the Officers and Directors as a Group (5 Persons) |   |         | 667     |   |   |   |   |                     |   |   | 3,294                    |   |   |                                                       | 100,000 |   |    |       | 35,000,667 |   |   |   | 88.3 | % |
|                                                           |   |         |    |   |   |   |   |                     |   |   |                     |   |   |                                                       |    |   |    |       |   |   |   |   |   |   |

----

| Exhibit No. | Description of Exhibit                                                                              |
|-------------|-----------------------------------------------------------------------------------------------------|
| 3.1(2)      | Amended and Restated Articles of Incorporation of Arrayit Corporation dated February 19, 2009       |
| 3.2(2)      | Amended and Restated Bylaws of Arrayit Corporation of Arrayit Corporation dated April 15, 2009 |
| 3.3(3)      | Amendment to the Bylaws of the Arrayit Corporation                                                  |

| 10.1(1) | Agreement and Plan of Reorganization among IMHI, Telechem, dated Feb 21, 2008 (without Exhibits). |
|---------|---------------------------------------------------------------------------------------------------|
| 14.1*   | Code of Ethics of Arrayit Corporation dated Feb 21, 2008                                          |

| 21.1       | Subsidiaries                                                                                                                                              |
|------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|
|       |                                                                                                                                                      |
| 31.1*      | Certificate of the Chief Executive Officer and Principal Accounting Officer pursuant Section 302 of the Sarbanes-Oxley Act of 2002 dated July 30, 2009    |
|       |                                                                                                                                                      |
| 32.1*      | Certificate of the Chief Executive Officer and Principal Accounting Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 dated July 30, 2009 |
|       |                                                                                                                                                      |
| 10.2  | 8% Senior Notes, filed as exhibit 41 to Form 8-K on February 25, 2005 on Commission number 001-16381-0642448                                    |
|       |                                                                                                                                                      |
| 10.3*      | SovCap Equity Partners, Ltd., Notes                                                                                                                       |

----

| DATED:  July 30, 2009 | By: /s/ Rene Schena        |
|----------------------------|----------------------------|
|                       | Rene Schena                |
|                       | Chariman, Director and CFO |

| NAME                | TITLE                      | DATE          |
|---------------------|----------------------------|---------------|
|                |                       |          |
| /s/ Rene Schena     |                       | July 30, 2009 |
| Rene Schena         | Chariman, Director and CEO |          |
|                |                       |          |
| /s/ Todd Martinsky  |                       | July 30, 2009 |
| Todd Martinsky      | V. President and Director  |          |
|                |                       |          |
|                |                       |          |
| /s/ Mark Schena     |                       | July 30, 2009 |
| Mark Schena         | President and Director     |          |
|                |                       |          |
| /s/ William L Sklar |                       | July 30, 2009 |
| William L. sklar    | Director                   |          |
|                |                       |          |

----