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| Nevada                                                         | 760616470                         |
|----------------------------------------------------------------|-----------------------------------|
| (State or other jurisdiction of incorporation or organization) | (IRS Employer Identification No.) |

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|     |                                                                                                              | Page            |
|----------|-------------------------------------------------------------------------------------------------------------------|-----------------|
|     |                                                                                                              |            |
| PART I   |                                                                                                              |            |
| Item 1.  | Description of Business                                                                                           | 4               |
| Item 2.  | Description of Property                                                                                           | 10              |
| Item 3.  | Legal Proceedings                                                                                                 | 10              |
| Item 4.  | Submission of Matters to a Vote      of Security Holders                                                          | 10              |
|     |                                                                                                              |            |
| PART II  |                                                                                                              |            |
| Item 5.  | Market For Registrant Common Equity and Related      Stockholder Matter and Issuer Purchases of Equity Securities |  11   |
| Item 6.  | Selected Financial Data                                                                                           | 12              |
| Item 7.  | Management’s Discussion and Analysis of      Financial Condition and Results of Operations                  | 12              |
| Item 8   | Financial statements and      Supplementary Data                                                                  | 15              |
| Item 9.  | Changes in and Disagreements With Accountants      on Accounting and Financial Disclosure                         | 27              |
| Item 9.  | A(T) Controls & procedures                                                                                    |  27   |
| Item 9.  | B. Other Information                                                                                              |  27   |
|     |                                                                                                              |            |
| PART III |                                                                                                              |
| Item 10. |  Directors, Executive Officers, Promoters      and Control Persons                                           | 28              |
| Item 11. | Executive Compensation                                                                                            | 30              |
| Item 12. |  Security Ownership of Certain Beneficial      Owners and Management                                         | 31              |
| Item 13. | Certain relationships and      Related Transactions, and Director Independence                                    | 32              |
| Item 14. |  Principal Accounting Fees and Services                                                                      | 32              |
|     |                                                                                                              |            |
| PART IV  |                                                                                                              |
| Item 15. |  Exhibits, Financial Statement Schedules      and Reports on Form 8 -K                                       | 33              |
|     | Signatures                                                                                                        | 34              |

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- The Company will be able to capitalize on economic reforms;            
- The Chinese Government will continue its pursuit of economic reform  policies.            
- The economic policies, even if pursued, will be successful;            
- Economic policies will not be significantly altered from time to time; and             
- Business operations in China will not become subject to the risk of  nationalization. 

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| Common Stock                              |   |       |   |   |       |   |
|-------------------------------------------|--------|------------|--------|--------|------------|--------|
|                                      |   | High       |   |   | Low        |   |
| Fiscal Year Ending December 31,      2008 |   |       |   |   |       |   |
| First Quarter                             | $      |  0.44 |   | $      |  0.17 |   |
| Second Quarter                            | $      |  0.50 |   | $      |  0.16 |   |
| Third Quarter                             | $      |  0.45 |   | $      |  0.12 |   |
| Fourth Quarter                            | $      |  0.35 |   | $      |  0.05 |   |
|                                      |   |       |   |   |       |   |
| Fiscal Year Ending December 31,      2007 |   |       |   |   |       |   |
| First Quarter                             | $      |  -    |   | $      |  -    |   |
| Second Quarter                            | $      |  -    |   | $      |  -    |   |
| Third Quarter                             | $      |  0.60 |   | $      |  0.05 |   |
| Fourth Quarter                            | $      |  0.45 |   | $      |  0.05 |   |
|                                      |   |       |   |   |       |   |
| Fiscal Year Ending December 31,      2006 |   |       |   |   |       |   |
| First Quarter                             | $      |  -    |   | $      |  -    |   |
| Second Quarter                            | $      |  -    |   | $      |  -    |   |
| Third Quarter                             | $      |  -    |   | $      |  -    |   |
| Fourth Quarter                            | $      |  -    |   | $      |  -    |   |

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|  Equity Compensation Plan      Information        |   |
|-------------------------------------------------------------|--------|
|                                                        |   |   |   |   |   |   |   | Number of |   |
|                                                        |   |   |   |   |   |   |   | securities |   |
|                                                        |   | Number of |   |   |   |   |   | remaining available |   |
|                                                        |   | securities to be |   |   |   |   |   | for future issuance |   |
|                                                        |   | issued upon |   |   | Weighted-average |   |   | under equity |   |
|                                                        |   | exercise of |   |   | exercise price of |   |   | compensation |   |
|                                                        |   | outstanding |   |   | outstanding |   |   | plans (excluding |   |
|                                                        |   | options, warrants |   |   | options, warrants |   |   | securities reflected |   |
|                                                        |   | and rights |   |   | and rights |   |   | in column (a)) |   |
|                                                        |   |   |   |   |   |   |   |   |   |
| Plan category                                               |   | (a) |   |   | (b) |   |   | (c) |   |
| Equity compensation plans approved by      security holders |        | 1,050,000 |  | $ | 0.25 |  |  | 2,350,000 |  |
| Equity compensation plans not approved by security holders  |        | 14,928,272 |  | $ | 0.24 |  |  | N/A |  |
| Total                                                       |   |   |   |   |   |   |   |   |   |

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|   | 1.     | We intend to promote and sell Sino-Con Telecomm Group,      Ltd.'s fiber optic backbone services to foreign telecommunications      carriers and corporate users. We intend to do this by completing an      exclusive services agreement with Sino Con Telecomm Group as soon as is      practicable and to determine the demand for such services by international      companies and telecom carriers and to market these services directly to      such companies and carriers.  |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|   | 2.     | Once clients have been secured, we intend to hire at      least 5 full time employees.                                                                                                                                                                                                                                                                                                                                                                                               |

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| Contents                                                      |   |
|---------------------------------------------------------------|--------|
|                                                          | Page   |
| Reports of Independent Registered Public      Accounting Firm | 16     |
| Balance Sheets                                                | 17     |
| Statements of Operations                                      | 18     |
| Statements of Stockholders' Deficiency                        | 19-20  |
| Statements of Cash Flows                                      | 21     |
| Notes to the Financial Statements                             | 22-25  |

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|                                                                                                                                            |   | December 31,    |   |   | December 31,  |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------|--------|--------|---------------|--------|
|                                                                                                                                            |   | 2008            |   |   | 2007          |   |
| Assets                                                                                                                                          |   |            |   |   |          |   |
| Current:                                                                                                                                        |   |            |   |   |          |   |
| Cash                                                                                                                                            | $      |  137       |   | $      |  378,732 |   |
|                                                                                                                                            |   |            |   |   |          |   |
| Total Current Assets                                                                                                                            |   | 137             |   |   | 378,732       |   |
|                                                                                                                                            |   |            |   |   |          |   |
| Investment                                                                                                                                      |   | 700,000         |   |   | -             |   |
| Deposit                                                                                                                                         |   | 2,000,000       |   |   | 200,000       |   |
|                                                                                                                                            |   |            |   |   |          |   |
| Total Assets                                                                                                                                    | $      |  2,700,137 |   | $      |  578,732 |   |
| Liabilities                                                                                                                                     |   |            |   |   |          |   |
| Current:                                                                                                                                        |   |            |   |   |          |   |
|    Accounts payable and accrued liabilities                                                                                           | $      |  574,900   |   | $      |  283,662 |   |
|    Interest payable                                                                                                                   |   | 5,179           |   |   | 1,683         |   |
|    Due to related parties                                                                                                             |   | 253,868         |   |   | 332,384       |   |
|    Common stock to be issued for      subscriptions funds received                                                                    |   | -               |   |   | 50,000        |   |
|    Common stock to be issued for consulting      services rendered                                                                    |   | -               |   |   | 87,500        |   |
|    Convertible notes                                                                                                                  |   | 30,639          |   |   | 224,896       |   |
|                                                                                                                                            |   |            |   |   |          |   |
| Total Current Liabilities                                                                                                                       |   | 864,586         |   |   | 980,125       |   |
|                                                                                                                                            |   |            |   |   |          |   |
| Stockholders' Equity (Deficit)                                                                                                                  |   |            |   |   |          |   |
|                                                                                                                                            |   |            |   |   |          |   |
| Common Stock, $0.001 par value; 200,000,000 shares      authorized;                                                                             |   |            |   |   |          |   |
|                       35,125,660 and 16,481,400 common shares issued and                           |   |            |   |   |          |   |
|                       outstanding at December 31, 2008 and 2007 |   |   35,126   |   |   |   16,481 |   |
| Additional paid-in capital                                                                                                                      |   | 5,806,914       |   |   | 1,282,002     |   |
| Deficit accumulated during the development stage                                                                                                |   | (4,006,489      | )      |   | (1,699,876    | )      |
| Total Stockholders' Equity (Deficit)                                                                                                            |   | 1,835,551       |   |   | (401,393      | )      |
| Total Liabilities and Stockholders' Equity (Deficit)                                                                                            | $      |  2,700,137 |   | $      |  578,732 |   |

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|                                                                     |   | For The      |   |   | For The        |   |   | For The Period      |   |
|--------------------------------------------------------------------------|--------|--------------|--------|--------|----------------|--------|--------|---------------------|--------|
|                                                                     |   | Year         |   |   | Year           |   |   | From                |   |
|                                                                     |   | Ended        |   |   | Ended          |   |   | August 19, 1999     |   |
|                                                                     |   | December 31, |   |   | December 31,   |   |   | (Inception) Through |   |
|                                                                     |   | 2008         |   |   | 2007           |   |   | December 31,        |   |
|                                                                     |   |         |   |   |           |   |   | 2008                |   |
|                                                                     |   |         |   |   |           |   |   |                |   |
| Revenue                                                                  | $      |  -      |   | $      |  -        |   | $      |  60            |   |
|                                                                     |   |         |   |   |           |   |   |                |   |
| Operating expenses                                                       |   |         |   |   |           |   |   |                |   |
|                                                                     |   |         |   |   |           |   |   |                |   |
|                 General and administrative |   | 34,461       |   |   | 23,018         |   |   | 121,830             |   |
|                 Management fees            |   | 107,200      |   |   | 101,000        |   |   | 328,700             |   |
|                 Professional fees          |   | 271,803      |   |   | 70,214         |   |   | 544,447             |   |
|                 Consulting                 |   | 1,577,726    |   |   | 732,683        |   |   | 2,688,908           |   |
|                                                                     |   |         |   |   |           |   |   |                |   |
| Total operating      expenses                                            |   | 1,991,190    |   |   | 926,915        |   |   | 3,683,885           |   |
|                                                                     |   |         |   |   |           |   |   |                |   |
| Loss from operations                                                     |   | (1,991,190   | )      |   | (926,915       | )      |   | (3,683,885          | )      |
|                                                                     |   |         |   |   |           |   |   |                |   |
| Interest and other      income (expense), net                            |   | (315,423     | )      |   | (1,695         | )      |   | (317,089            | )      |
|                                                                     |   |         |   |   |           |   |   |                |   |
| Gain on settlement of debt                                               |   | -            |   |   | -              |   |   | 4,500               |   |
| Loss on asset      impairment                                            |   | -            |   |   | -              |   |   | (5,500              | )      |
|                                                                     |   |         |   |   |           |   |   |                |   |
| Loss before discontinued operations                                      |   | (2,306,613   | )      |   | (928,610       | )      |   | (4,001,974          | )      |
|                                                                     |   |         |   |   |           |   |   |                |   |
| Loss from      discontinued operations                                   |   | -            |   |   | -              |   |   | (4,575              | )      |
|                                                                     |   |         |   |   |           |   |   |                |   |
| Net loss                                                                 | $      | (2,306,613   | )      | $      |  (928,610 | )      | $      |  (4,006,549    | )      |
|                                                                     |   |         |   |   |           |   |   |                |   |
| Weighted average      number of shares outstanding - basic and diluted   |   | 29,770,386   |   |   | 16,481,400     |   |   |                |   |
|                                                                          |   |         |   |   |           |   |   |                |   |
| Net loss per share - basic and      diluted                              | $      |  (0.08  | )      | $      |  (0.05    | )      |   |                |   |

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|                                                                                                           |   |                                    |   |   |          |   |   |                                                         |   |   |                                                  |   |    |     |   |   |                                                                       |   |    |               |   |   | Deficit       |   |   |          |   |
|----------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------|--------|--------|---------------|--------|--------|--------------------------------------------------------------|--------|--------|-------------------------------------------------------|--------|---------|----------|--------|--------|----------------------------------------------------------------------------|--------|---------|--------------------|--------|--------|---------------|--------|--------|---------------|--------|
|                                                                                                           |   |                                    |   |   |          |   |   |                                                         |   |   |                                                  |   |    |     |   |   |                                                                       |   |    |               |   |   | Accumulated   |   |   |          |   |
|                                                                                                           |   |                                    |   |   |          |   |   | Common Stock                                                 |   |   | Additional                                            |   |    | Stock    |   |   |                                                                       |   |    | During the         |   |   |          |   |
|                                                                                                           |   |        Common Stock |   |   | To Be Issued  |   |   | Paid-in                                                      |   |   | Subscriptions                                         |   |    | Deferred |   |   | Development                                                                |   |    |               |   |
|                                                                                                           |   |    Shares                     |   |   | Amount        |   |   | Shares                                                       |   |   | Amount                                                |   |    | Capital  |   |   | Receivable                                                            |   |    | Compensation  |   |   | Stage         |   |   |  Total   |   |
| Balance – August      19, 1999 (Inception)                                                               |   |                                    |   | $      |  – |   |   |                   – |   | $      |  –                                         |   |  $ | –  |   | $      |  –                                                              |   |  $ | –            |   | $      |  – |   | $      |  – |   |
| Stock issued in August 1999 for      organizational expenses at $0.001 per share                               |        | 2,500,000                               |        |        | 2,500         |        |        | –                                                      |        |        | –                                               |        |         | –  |        |        | –                                                                    |        |         | –            |        |        | –       |        |        | 2,500         |        |
| Organizational      expenses incurred by a director on behalf of the Company                                   |        |                                    |        |        | –       |        |        | –                                                      |        |        | –                                               |        |         | 75       |        |        | –                                                                    |        |         | –            |        |        | –       |        |        | 75            |        |
| Stock issued in August 1999 for      “The Biocatalyst License” at a fair value of $0.001 per share |        | 2,000,000                               |        |        | 2,000         |        |        | –                                                      |        |        | –                                               |        |         | –  |        |        | –                                                                    |        |         | –            |        |        | –       |        |        | 2,000         |        |
| Net      loss                                                                                                  |   | –                                 |   |   | –       |   |   |                   – |   |   |            –      |   |    | –  |   |   |                       – |   |    | –            |   |   | (4,575        | )      |   | (4,575        | )      |
| Balance – December      31, 1999                                                                         |   | 4,500,000                               |   |   | 4,500         |   |   |                   – |   |   |                 – |   |    | 75       |   |   |                       – |   |    | –            |   |   | (4,575        | )      |   | –       |   |
| Net      loss                                                                                                  |   |                                    |   |   | –       |   |   |                   – |   |   |            –      |   |    | –  |   |   |                       – |   |    | –            |   |   | –       |   |   | –       |   |
| Balance – December      31, 2000                                                                         |   | 4,500,000                               |   |   | 4,500         |   |   |                   – |   |   |                 – |   |    | 75       |   |   |                       – |   |    | –            |   |   | (4,575        | )      |   | –       |   |
| Net      loss                                                                                                  |   |                                    |   |   | –       |   |   |                   – |   |   |            –      |   |    | –  |   |   |                       – |   |    | –            |   |   | (4,610        | )      |   | (4,610        | )      |
| Balance – December      31, 2001                                                                         |   | 4,500,000                               |   |   | 4,500         |   |   |                   – |   |   |                 – |   |    | 75       |   |   |                       – |   |    | –            |   |   | (9,185        | )      |   | (4,610        | )      |
| Stock issued in      January 2002 for expenses at $0.001 per Share                                             |        | 4,610,000                               |        |        | 4,610         |        |        | –                                                      |        |        | –                                               |        |         | –  |        |        | –                                                                    |        |         | –            |        |        | –       |        |        | 4,610         |        |
| Stock issued in July 2002 for      debt settlement at $0.001 per Share                                         |        | 500,000                                 |        |        | 500           |        |        | –                                                      |        |        | –                                               |        |         | –  |        |        | –                                                                    |        |         | –            |        |        | –       |        |        | 500           |        |
| Donated rent                                                                                                   |   |                                    |   |   | –       |   |   |                   – |   |   |                 – |   |    | 500      |   |   |                       – |   |    | –            |   |   | –       |   |   | 500           |   |
| Net loss                                                                                                       |   |                                    |   |   | –       |   |   |              –      |   |   |            –      |   |    | –  |   |   |                       – |   |    | –            |   |   | (525          | )      |   | (525          | )      |
| Balance –      December 31, 2002                                                                         |   | 9,610,000                               |   |   | 9,610         |   |   |               –               |   |   |           –                      |   |    | 575      |   |   |                 –                      |   |    | –            |   |   | (9,710        | )      |   | 475           |   |
| Stock issued in January and June      2003 for expenses at $0.001 per share                                    |        | 3,859,000                               |        |        | 3,859         |        |        | –                                                      |        |        | –                                               |        |         | –  |        |        | –                                                                    |        |         | –            |        |        | –       |        |        | 3,859         |        |
| Donated rent                                                                                                   |   | –                                 |   |   | –       |   |   |               –               |   |   |           –                      |   |    | 500      |   |   |                 –                      |   |    | –            |   |   | –       |   |   | 500           |   |
| Net loss                                                                                                       |   | –                                 |   |   | –       |   |   |          –                    |   |   |      –                           |   |    | –  |   |   |            –                           |   |    | –            |   |   | (5,644        | )      |   | (5,644        | )      |
| Balance –      December 31, 2003                                                                         |   | 13,469,000                              |   |   | 13,469        |   |   |               –               |   |   |           –                      |   |    | 1,075    |   |   |                 –                      |   |    | –            |   |   | (15,354       | )      |   | (810          | )      |
| Stock issued in January, July,      and August 2004 for expenses at $0.01 per share                            |        | 416,000                                 |        |        | 416           |        |        | –                                                      |        |        | –                                               |        |         | 3,744    |        |        | –                                                                    |        |         | –            |        |        | –       |        |        | 4,160         |        |
| Stock issued in      September 2004 for expenses at $0.10 per Share                                            |        | 5,000                                   |        |        | 5             |        |        | –                                                      |        |        | –                                               |        |         | 495      |        |        | –                                                                    |        |         | –            |        |        | –       |        |        | 500           |        |
| Stock issued in July 2004 for      cash at $0.01 per share                                                     |   | 1,000,000                               |   |   | 1,000         |   |   |               –               |   |   |      –                           |   |    | 9,000    |   |   |                 –                      |   |    | –            |   |   | -             |   |   | 10,000        |   |
| Stock issued in      September and December 2004 for cash at $0.10 per share                                   |        | 200,100                                 |        |        | 200           |        |        | –                                                      |        |        | –                                               |        |         | 19,810   |        |        | –                                                                    |        |         | –            |        |        | –       |        |        | 20,010        |        |
| Donated rent                                                                                                   |   | –                                 |   |   | –       |   |   |               –               |   |   |      –                           |   |    | 500      |   |   |                 –                      |   |    | –            |   |   | –       |   |   | 500           |   |
| Deferred      compensation                                                                                     |   | –                                 |   |   | –       |   |   |               –               |   |   |           –                      |   |    | –  |   |   |                 –                      |   |    | (167               | )      |   | –       |   |   | (167          | )      |
| Net loss                                                                                                       |   | –                                 |   |   | –       |   |   |          –                    |   |   |      –                           |   |    | –  |   |   |            –                           |   |    | –            |   |   | (38,768       | )      |   | (38,768       | )      |
| Balance –      December 31, 2004                                                                         |   | 15,090,100                              |   |   | 15,090        |   |   |               –               |   |   |           –                      |   |    | 34,624   |   |   |                 –                      |   |    | (167               | )      |   | (54,122       | )      |   | (4,575        | )      |

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|                                                                    |   |              |   |    |                      |   |   |               |   |    |             |   |    |      |   |   |             |   |   |                                                                              |   |    | Deficit Accumulated |   |    |       |   |
|-------------------------------------------------------------------------|--------|-------------------|--------|---------|---------------------------|--------|--------|--------------------|--------|---------|------------------|--------|---------|-----------|--------|--------|------------------|--------|--------|-----------------------------------------------------------------------------------|--------|---------|---------------------|--------|---------|------------|--------|
|                                                                    |   |              |   |    |                      |   |   |  Common Stock |   |    |  Additional |   |    | Stock     |   |   |             |   |   | During the                                                                        |   |    |                |   |
|                                                                    |   | Common Stock      |   |    |    To Be Issued |   |   |  Paid-in      |   |    | Subscriptions    |   |    | Deferred  |   |   | Development      |   |   |                                                                              |   |
|                                                                    |   | Shares            |   |    | Amount               |   |   | Shares             |   |    | Amount      |   |    | Capital   |   |   | Receivable  |   |   | Compensation                                                                 |   |    | Stage               |   |    | Total      |   |
| Stock issued in January and March      2005 for cash at $0.10 per share |        | 11,300            |        | $       | 11                        |        |        | –            |        | $       | –          |        | $       | 1,119     |        | $      | –          |        | $      | –                                                                           |        | $       | –             |        | $       | 1,130      |   |
|                                                                    |
| Stock subscriptions received in cash in      November 2004              |        | –           |        |         | –                   |        |        | 40,000             |        |         | 40               |        |         | 9,960     |        |        | –          |        |        | –                                                                           |        |         | –             |        |         | 10,000     |        |
| Stock subscribed in December 2005                                       |   | –           |   |    | –                   |   |   | 1,040,000          |   |    | 1,040            |   |    | 258,960   |   |   | (260,000         | )      |   |                         – |   |    | –             |   |    | –    |   |
|                                                                    |   |              |   |    |                      |   |   |               |   |    |             |   |    |      |   |   |             |        |   |                                                                              |   |    |                |   |    |       |   |
| Donated rent                                                            |   | –           |   |    | –                   |   |   | –            |   |    | –          |   |    | 500       |   |   | –          |   |   |                         – |   |    | –             |   |    | 500        |   |
| Deferred compensation                                                   |   | –           |   |    | –                   |   |   | –            |   |    | –          |   |    | –   |   |   | –          |   |   |                     167                   |   |    | –             |   |    | 167        |   |
| Net loss                                                                |   | –           |   |    | –                   |   |   | –            |   |    | –          |   |    | –   |   |   | –          |   |   |                         – |   |    | (43,889             | )      |    | (43,889    | )      |
| Balance – December 31, 2005                                       |   |  15,101,400  |   |  $ | 15,101                    |   |   | 1,080,000          |   |  $ | 1,080            |   |  $ | 305,163   |   | $      |  (260,000   | )      | $      |  –                                                                     |   |  $ | (98,011             | )      |  $ | (36,667    | )      |
| Stock issued in March 2006 for cash at $0.25 per share (net)            |        | 1,380,000         |        |         | 1,380                     |        |        | (1,080,000         | )      |         | (1,080           | )      |         | 74,680    |        |        | 260,000          |        |        | –                                                                           |        |         | –             |        |         | 334,980    |        |
| Donated accounting fee                                                  |   | -                 |   |    | –                   |   |   | –            |   |    | –          |   |    | 1,000     |   |   | –          |   |   |                         – |   |    | –             |   |    | 1,000      |   |
| Net loss                                                                |   | –           |   |    | –                   |   |   | –            |   |    | –          |   |    | –   |   |   | –          |   |   |                         – |   |    | (673,255            | )      |    | (673,255   | )      |
| Balance – December 31, 2006                                       |   |  16,481,400$ |   |    | 16,481                    |   |   | –            |   |  $ | –          |   |  $ | 380,843   |   | $      |  –    |   | $      |  –                                                                     |   |  $ | (771,266            | )      |  $ | (373,942   | )      |
| Stock based compensation                                                |   | -                 |   |    | -                         |   |   | -                  |   |    | -                |   |    | 526,055   |   |   | -                |   |   |                         -       |   |    | -                   |   |    | 526,055    |   |
| Discount on benefit conversion factor                                   |        | -                 |        |         | -                         |        |        | -                  |        |         | -                |        |         | 375,104   |        |        | -                |        |        | -                                                                                 |        |         | -                   |        |         | 375,104    |        |
| Net loss                                                                |   | -                 |   |    | -                         |   |   | -                  |   |    | -                |   |    | -         |   |   | -                |   |   |                         -       |   |    | (928,610            | )      |    | (928,610   | )      |
| Balance – December 31, 2007                                       |   |  16,481,400  |   |  $ | 16,481                    |   |   | –            |   |  $ | –          |   |  $ | 1,282,002 |   | $      |  –    |   | $      |  –                                                                     |   |  $ | (1,699,876          | )      |  $ | (401,393   | )      |
| Shares issued for cash                                                  |   | 2,499,431         |   |    | 2,500                     |   |   | -                  |   |    | -                |   |    | 778,122   |   |   |             |   |   |                                                                              |   |    |                |   |    | 780,622    |   |
| Shares issued for convertible notes                                     |   | 10,123,690        |   |    | 10,124                    |   |   | -                  |   |    | -                |   |    | 496,061   |   |   | -                |   |   |                         -       |   |    | -                   |   |    | 506,185    |   |
|                                                                    |   |              |   |    |                      |   |   |               |   |    |             |   |    |      |   |   |             |   |   |                                                                              |   |    |                |   |    |       |   |
| Shares issued for deposit on fibre optic      network                   |        | 5,000,000         |        |         | 5,000                     |        |        | -                  |        |         | -                |        |         | 1,795,000 |        |        | -                |        |        | -                                                                                 |        |         | -                   |        |         | 1,800,000  |        |
|                                                                    |   |              |   |    |                      |   |   |               |   |    |             |   |    |      |   |   |             |   |   |                                                                              |   |    |                |   |    |       |   |
| Stock based compensation                                                |   | 4,108,500         |   |    | 4,108                     |   |   |               |   |    |             |   |    | 1,365,492 |   |   |             |   |   |                                                                              |   |    |                |   |    | 1,369,600  |   |
|                                                                    |   |              |   |    |                      |   |   |               |   |    |             |   |    |      |   |   |             |   |   |                                                                              |   |    |                |   |    |       |   |
| Shares cancelled                                                        |   | (3,087,361        | )      |    | (3,087                    | )      |   |               |   |    |             |   |    | 3,087     |   |   |             |   |   |                                                                              |   |    |                |   |    | -          |   |
| Options granted in June 2006                                            |   |              |   |    |                      |   |   |               |   |    |             |   |    | 87,150    |   |   |             |   |   |                                                                              |   |    |                |   |    | 87,150     |   |
|                                                                    |   |              |   |    |                      |   |   |               |   |    |             |   |    |      |   |   |             |   |   |                                                                              |   |    |                |   |    |       |   |
| Net loss                                                                |   | -                 |   |    | -                         |   |   | -                  |   |    | -                |   |    | -         |   |   | -                |   |   |                         -       |   |    | (2,306,613          | )      |    | (2,306,613 | )      |
| Balance –December 31, 2008                                        |   | 35,125,660        |   |    | 35,126                    |   |   | -                  |   |  $ | -                |   |  $ | 5,806,914 |   | $      |  -          |   | $      |  -                                                                           |   |  $ | (4,006,489          | )      |  $ | 1,835,551  |   |

----

|                                                                                                                             |   | For the          |   |   | For the        |   |   | For the Period From   |   |
|----------------------------------------------------------------------------------------------------------------------------------|--------|------------------|--------|--------|----------------|--------|--------|-----------------------|--------|
|                                                                                                                             |   | Year             |   |   | Year           |   |   |  August 19, 1999 |        |
|                                                                                                                             |   | Ended            |   |   | Ended          |   |   | (Inception) Through   |   |
|                                                                                                                             |   | December 31,     |   |   | December 31,   |   |   | December 31,          |   |
|                                                                                                                             |   | 2008             |   |   | 2007           |   |   |   2008           |   |
| Cash Flows Used in Operating      Activities                                                                                     |   |             |   |   |           |   |   |                  |   |
| Net loss                                                                                                                         | $      |  (2,306,613 | )      | $      |  (928,610 | )      | $      |  (4.006,489      | )      |
| Adjustments to reconcile net loss to net      cash used in operating activities                                                  |        |                  |        |        |                |        |        |                       |        |
|                         Discontinued operations                                |   | -                |   |   | -              |   |   | 4,575                 |   |
|                         Common stock to be issued for consulting      services |   | -                |   |   | -              |   |   | 87,500                |   |
|                         Gain on settlement of debt                             |   | -                |   |   | -              |   |   | (4,500                | )      |
|                         Bad debts                                              |   | -                |   |   | -              |   |   | 60                    |   |
|                         Loss on asset impairment                               |   | -                |   |   | -              |   |   | 5,500                 |   |
|                         Donated rent and accounting fee                        |   | -                |   |   | -              |   |   | 3,000                 |   |
|                         Expense settled with issuance of common stock          |   | -                |   |   | -              |   |   | 11,319                |   |
|                         Stock based compensation                               |   | 1,369,250        |   |   | 526,055        |   |   | 1,895,305             |   |
| Common stock issued for interest on convertible debt                                                                             |        | 6,185            |        |        | -              |        |        | 6,185                 |        |
|                         Amortization of debt discount                          |   | 322,702          |   |   | -              |   |   | 322,702               |   |
| Changes in operating assets and liabilities:                                                                                     |   |             |   |   |           |   |   |                  |   |
|                         Due to related parties                                 |   | (78,516          | )      |   | 191,521        |   |   | 223,386               |   |
|                         Accounts receivable                                    |   | -                |   |   | -              |   |   | (60                   | )      |
|                         Interest payable                                       |   | 3,496            |   |   | 1,683          |   |   | 5,179                 |   |
|                         Prepaid expenses and deposits                          |   | -                |   |   | 5,100          |   |   | -                     |   |
|                         Accrued liabilities                                    |   | 291,238          |   |   | 132,978        |   |   | 574,900               |   |
| Net cash used in operating activities                                                                                            |   | (392,258         | )      |   | (71,273        | )      |   | (871,438              | )      |
|                                                                                                                             |   |             |   |   |           |   |   |                  |   |
| Cash Flows      Used in Investing Activities                                                                                     |   |             |   |   |           |   |   |                  |   |
| Ristricted Cash                                                                                                                  |   | -                |   |   | -              |   |   | 10,000                |   |
| Investment in Joint Venture                                                                                                      |   | 700,000          |   |   | -              |   |   | (700,000              | )      |
| Prepayment of license agreement                                                                                                  |   | -                |   |   | (200,000       | )      |   | (200,000              | )      |
| Net cash provided by (used in) investing activities                                                                              |   | 700,000          |   |   | (200,000       | )      |   | (890,000              | )      |
| Cash Flows From Financing      Activities                                                                                        |   |             |   |   |           |   |   |                  |   |
|                         Repayment of short term borrowings                     |   | (16,959          | )      |   | -              |   |   | (16,959               | )      |
|                         Proceeds from convertible notes                        |   | -                |   |   | 600,000        |   |   | 600,000               |   |
|                         Proceeds from stock subscriptions                      |   | -                |   |   | 50,000         |   |   | 50,000                |   |
|                         Common stock issued for cash, net                      |   | 730,622          |   |   | -              |   |   | 1,096,742             |   |
| Net cash provided by financing activities                                                                                        |   | 713,663          |   |   | 650,000        |   |   | 1,771,575             |   |
|                                                                                                                             |   |             |   |   |           |   |   |                  |   |
| Net      increase/(decrease) in cash                                                                                             |   | (378,595         | )      |   | 378,727        |   |   | 137                   |   |
| Cash, beginning of year                                                                                                          |   | 378,732          |   |   | -              |   |   | -                     |   |
| Cash, end      of year                                                                                                           | $      |  137        |   | $      |  378,732  |   | $      |  137             |   |
| Non-cash Investing and      Financing Activities:                                                                                |   |             |   |   |           |   |   |                  |   |
| 2,000,000 shares were issued at a fair value of $0.001 per      share for the acquisition of a License                           |        | -                |        |        | -              |        |        | 2,000                 |        |
| Debt issued for website domain name                                                                                              |   | -                |   |   | -              |   |   | 5,000                 |   |
| 500,000 shares were issued at a fair value of $0.001 per      share in settlement of debt                                        |        | -                |        |        | -              |        |        | 500                   |        |
| 136,000 shares were issued to settle prior      period expenses                                                                  |   | -                |   |   | -              |   |   | 1,810                 |   |
| Restricted cash received for stock subscriptions and held      in escrow                                                         |        | -                |        |        | -              |        |        | 10,000                |        |
| Conversion of debt to common stock                                                                                               |   | 500,000          |   |   |           |   |   | 500, 000              |   |

| Stock issued for deposit on purchase of fiber optic network  |   | 2,000,000 |   |   |   |   |   | 2,000,000 |   |
|--------------------------------------------------------------|--------|-----------|--------|--------|--------|--------|--------|-----------|--------|
| Shares retired previously issued as      contributed capital |   | 3,087     |   |   |   |   |   | 3,087     |   |
| Change from stock payable to equity                          |   | 137.500   |   |   |   |   |   | 137,500   |   |

----

----

| Net operating loss carry-forward | $      |  1,362,227 |   |
|----------------------------------|--------|-----------------|--------|
| Valuation allowance              |   | (1,362,227      | )      |
| Total deferred tax asset         | $      |  -         |   |

----

| Gross proceeds from the notes                        | $      |  600,000 |   |
|------------------------------------------------------|--------|---------------|--------|
| Less: convertible notes converted                    |   | (500,000      | )      |
| Less: discount on the warrants                       |   | (37,483       | )      |
| Less: beneficial conversion feature of the notes     |   | (62,517       | )      |
| Add: amortization of discounts                       |   | 30,639        |   |
|                                                 |   |          |   |
| Carried amount of notes as of December 31,      2008 | $      | 69,361        |        |

|                                |   |            |   |   |           |   |   | Weighted         |   |
|-------------------------------------|--------|-----------------|--------|--------|----------------|--------|--------|------------------|--------|
|                                |   | Outstanding and |   |   | Weighted       |   |   | Average          |   |
|                                |   | Exercisable     |   |   | Average        |   |   | Remaining        |   |
|                                |   | Options         |   |   | Exercise Price |   |   | Contractual Life |   |
| Balance, December 31, 2006          |   | 700,000         |   | $      |  0.27     |   |   | -                |   |
|  Options granted               |   | 1,350,000       |   |   | 0.25           |   |   | 1 year           |   |
|  Options expired               |   | (200,000        | )      |   | 0.25           |   |   | -                |   |
|                                |   |            |   |   |           |   |   |             |   |
| Balance, December 31, 2007          |   | 1,850,000       |   |   | 0.26           |   |   | 1 year           |   |
|  Options cancelled and expired |   | (700,000        | )      |   | 0.27           |   |   | -                |   |
|                                |   |            |   |   |           |   |   |             |   |
| Balance, December 31, 2008          |   | 1,150,000       |   | $      |  0.25     |   |   | 1      year      |   |

| Number of Options |   |           |   |   | Remaining        |   |
|-------------------|--------|----------------|--------|--------|------------------|--------|
| Outstanding and   |   |           |   |   | Contractual Life |   |
| Exercisable       |   | Exercise Price |   |   | (Years)          |   |
| 100,000           | $      |  0.25     |   |   | 0.01             |   |
| 50,000            |   | 0.27           |   |   | 0.16             |   |
| 900,000           |   | 0.25           |   |   | 1.16             |   |
|              |   |           |   |   |             |   |
| 1,050,000         |   |           |   |   |             |   |

|                         |   | Years      Ended December 31, |   |
|----------------------------------------|--------|-------------------------------|--------|
|                                        |   |    2008        |   |   | 2007 |   |
| Risk free interest rate                |   | -                             |   |   | 4.9% |   |
| Expected volatility                    |   | -                             |   |   | 161% |   |
| Expected term of stock option in years |   | -                             |   |   | 1 year |   |
| Expected dividend yield                |   | -                             |   |   | 0% |   |
| Weighted average value per option      |   | -                             |   | $ |  0.25 |   |

----

|                       |   |        |   |   | Weighted       |   |   | Weighted Average |   |
|----------------------------|--------|-------------|--------|--------|----------------|--------|--------|------------------|--------|
|                       |   | Outstanding |   |   | Average        |   |   | Remaining        |   |
|                       |   | Warrants    |   |   | Exercise Price |   |   | Contractual Life |   |
| Balance, December 31, 2006 |   | 0           |   | $      |  -        |   |   | -                |   |
|  Warrants issued      |   | 12,571,428  |   |   | 0.22           |   |   | 1 year           |   |
|  Warrants exercised   |   | 0           |   |   | -              |   |   |             |   |
|  Warrants expired     |   | 0           |   |   | -              |   |   |             |   |
|                       |   |        |   |   |           |   |   |             |   |
| Balance, December 31, 2007 |   | 12,571,428  |   |   | 0.22           |   |   | 1 year           |   |
|  Warrants issued      |   | 2,356,844   |   |   | 0.31           |   |   |             |   |
|  Warrants exercised   |   | -           |   |   | -              |   |   |             |   |
|  Warrants expired     |   | -           |   |   | -              |   |   |             |   |
| Balance, December 31, 2008 |   | 14,928,272  |   | $      |  0.24     |   |   | 1      year      |   |

|                                                                                 |   |             |   |   | Common Stock |   |
|--------------------------------------------------------------------------------------|--------|------------------|--------|--------|--------------|--------|
|                                                                                 |   | Number of Shares |   |   | Amount       |   |
|                                                                                 |   |             |   |   |         |   |
| Balance as of December 31, ,2007                                                     |   | 16,481,400       |   | $      |  16,481 |   |
|                                                                                 |   |             |   |   |         |   |
| Shares issued for cash:                                                              |   |             |   |   |         |   |
|            Private placement      at $0.35 per share   |   | 142,587          |   |   | 143          |   |
|                 Private placement at $0.31 per share   |   | 2,356,844        |   |   | 2,357        |   |
| Total shares issued for cash                                                         |   | 2,499,431        |   |   | 2,500        |   |
|                                                                                 |   |             |   |   |         |   |
| Shares issued for Convertible Notes at $0.05, March 2008                             |   | 10,000,000       |   |   | 10,000       |   |
| Shares issued for interest on Convertible      notes, March 2008                     |   | 123,690          |   |   | 124          |   |
| Shares issued for deposit on fiber optic network                                     |   | 5,000,000        |   |   | 5,000        |   |
| Shares cancelled                                                                     |   | (3,087,361       | )      |   | (3,087       | )      |
| Shares issued for stock based compensation, May 2008                                 |   | 2,976,000        |   |   | 2,976        |   |
| Shares issued for stock based compensation,      October 2008                        |   | 600,000          |   |   | 600          |   |
| Shares issued for consulting fees:                                                   |   |             |   |   |         |   |
|                 Shares issued at $0.135, July 2008     |   | 300,000          |   |   | 300          |   |
|            Shares issued at      $0.40, August 2008    |   | 25,000           |   |   | 25           |   |
|                 Shares issued at $0.40, September 2008 |   | 80,000           |   |   | 80           |   |
|            Shares issued at      $0.078, October 2008  |   | 127,500          |   |   | 127          |   |
| Total shares issued for consulting fees                                              |   | 982,500          |   |   | 982          |   |
|                                                                                 |   |             |   |   |         |   |
| Balance as of December 31,      2008                                                 |   | 35,125,660       |   | $      |  35,126 |   |

----

----

----

| Name and      Address           | Age    | Position      Held                                                          |
|---------------------------------|--------|-----------------------------------------------------------------------------|
|                            |   |                                                                        |
| Daniel McKinney                 | 47     | President and Chief Executive      Officer, with effect from April 23, 2008 |
| B-2-23 Mar Vista Resort         |   |                                                                        |
| #1 Batu Ferringhi, Penang 11100 |   |                                                                        |
| Malaysia                        |   |                                                                        |
|                            |   |                                                                        |
| Samuel Chan                     | 60     | Secretary, Treasurer, and member of the board      of directors             |
| 1900 Pepper Street              |   |                                                                        |
| Alhambra, CA 91801              |   |                                                                        |
|                            |   |                                                                        |
| Shawnee Merten                  | 59     | Member of the board of      directors                                       |
| 7071 Warner Avenue, F-130       |   |                                                                        |
| Huntington Beach, CA 92647      |   |                                                                        |
|                            |   |                                                                        |
| Dan Bouillet                    | 56     | Chief Technology Strategist                                                 |
| P.O. Box 75210                  |   |                                                                        |
| White Rock, B.C.                |   |                                                                        |
| Canada V4B 5L4                  |   |                                                                        |

----

|                   |   |    |   |    |   | Non-         | Nonqualified |    |    |
|------------------------|--------|---------|--------|---------|--------|--------------|--------------|---------|---------|
|                   |   |    |   |    |   | Equity       | Deferred     | All     |    |
| Name                   |   |    |   |    |   | Incentive    | Compensa-    | Other   |    |
| And                    |   |    |   | Stock   | Option | Plan         | tion         | Compen- |    |
| Principal              |   | Salary  | Bonus  | Awards  | Awards | Compensation | Earnings     | sation  | Total   |
| Position               | Year   | (US$)   | (US$)  | (US$)   | (US$)  | (US$)        | (US$)        | (US$)   | (US$)   |
| (a)                    | (b)    | (c)     | (d)    | (e)     | (f)    | (g)          | (h)          | (i)     | (j)     |
| Daniel McKinney        | 2008   | 96,000  | 0      | 381,000 | 0      | 0            | 0            | 0       | 477,000 |
| President & Chief  |   |    |   |    |   |         |         |    |    |
| Executive Officer      | 2007   | 0       | 0      | 0       | 0      | 0            | 0            | 0       | 0       |
| From April 23, 2008 to |   |    |   |    |   |         |         |    |    |
| present                | 2006   | 0       | 0      | 0       | 0      | 0            | 0            | 0       | 0       |
|                   |   |    |   |    |   |         |         |    |    |
| Ben Yan                | 2008   | 11,200  | 0      | 0       | 0      | 0            | 0            | 0       | 11,200  |
| President & Chief  |   |    |   |    |   |         |         |    |    |
| Executive Officer      | 2007   | 6,000*  | 0      | 0       | 0      | 0            | 0            | 0       | 6,000   |
| From November 1, 2007  |   |    |   |    |   |         |         |    |    |
| to April 22, 2008      | 2006   | 0       | 0      | 0       | 0      | 0            | 0            | 0       | 0       |
|                   |   |    |   |    |   |         |         |    |    |
| Matthew Mecke          | 2008   | 0       | 0      | 0       | 0      | 0            | 0            | 0       | 0       |
| President & Chief  |   |    |   |    |   |         |         |    |    |
| Executive Officer      | 2007   | 95,000  | 0      | 0       | 0      | 0            | 0            | 0       | 95,000  |
|                   |   |    |   |    |   |         |         |    |    |
| Until November 1, 2007 | 2006   | 114,000 | 0      | 0       | 0      | 0            | 0            | 0       | 114,000 |
|                   |   |    |   |    |   |         |         |    |    |

----

|            |   | Fees    |    |   |           |         |         |    |
|-----------------|--------|---------|---------|--------|----------------|--------------|--------------|---------|
|            |   | Earned  |    |   |           | Nonqualified |         |    |
|            |   | or      |    |   | Non-Equity     | Deferred     |         |    |
|            |   | Paid in | Stock   | Option | Incentive Plan | Compensation | All Other    |    |
|            |   | Cash    | Awards  | Awards | Compensation   | Earnings     | Compensation | Total   |
| Name            | Year   | (US$)   | (US$)   | (US$)  | (US$)          | (US$)        | (US$)        | (US$)   |
| (a)             | (b)    | (c)     | (d)     | (e)    | (f)            | (g)          | (h)          | (i)     |
|            |   |    |    |   |           |         |         |    |
| Daniel McKinney | 2008   | 96,000  | 381,000 | 0      | 0              | 0            | 0            | 477,000 |
|            | 2007   | 0       | 0       | 0      | 0              | 0            | 0            | 0       |
|            |   |    |    |   |           |         |         |    |
| Samuel Chan     | 2008   | 0       | 180,000 | 0      | 0              | 0            | 0            | 180,000 |
|            | 2007   | 0       | 0       | 0      | 0              | 0            | 0            | 0       |
|            |   |    |    |   |           |         |         |    |
| Shawnee Merten  | 2008   | 0       | 72,000  | 0      | 0              | 0            | 0            | 72,000  |
|            | 2007   | 0       | 0       | 0      | 0              | 0            | 0            | 0       |

----

|                                                                                              |   | As of December 31,      2008 |   |
|---------------------------------------------------------------------------------------------------|--------|------------------------------|--------|
|                                                                                              |   |                         |   |   |   |   |
| Name and Address of      Beneficial Owner                                                         |   | Shares(1)                    |   |   | Percent |   |
|                                                                                              |   |                         |   |   |   |   |
|                                                                                              |   |                         |   |   |   |   |
| Named Executive Officers and      Directors                                                       |   |                         |   |   |   |   |
|                                                                                              |   |                         |   |   |   |   |
| Samuel Chan                                                                                       |   | 500,000                      |   |   | 1.4% |   |
| 1900 Pepper Street                                                                                |   |                         |   |   |   |   |
| Alhambra, CA 91801                                                                                |   |                         |   |   |   |   |
|                                                                                              |   |                         |   |   |   |   |
| Daniel McKinney                                                                                   |   | 1,800,000                    |   |   | 5.1% |   |
| B-2-23 Mar Vista Resort                                                                           |   |                         |   |   |   |   |
| #1 Batu Ferringhi, Penang 11100                                                                   |   |                         |   |   |   |   |
| Malaysia                                                                                          |   |                         |   |   |   |   |
|                                                                                              |   |                         |   |   |   |   |
| Shawnee Merten                                                                                    |   | 200,000                      |   |   | 0.6% |   |
| 7071 Warner Avenue, F-130                                                                         |   |                         |   |   |   |   |
| Huntington Beach, CA 92647                                                                        |   |                         |   |   |   |   |
|                                                                                              |   |                         |   |   |   |   |
|                                                                                              |   | 2,500,000                    |   |   | 7.1% |   |
| Directors and Executive      Officers as a Group (Four Persons)                                   |   |                         |   |   |   |   |
|                                                                                              |   |                         |   |   |   |   |
| Beneficial Owners of in Excess      of 5% (other than Named ExecutiveOfficers and      Directors) |   |                         |   |   |   |   |
|                                                                                              |   |                         |   |   |   |   |
| Cede & Co                                                                                     |   | 9,691,367                    |   |   | 27.7% |   |
| 55 Water Street FRNT 3                                                                            |   |                         |   |   |   |   |
| NY10041                                                                                           |   |                         |   |   |   |   |
|                                                                                              |   |                         |   |   |   |   |
| Alan Dubreuil                                                                                     |   | 1,822,191                    |   |   | 5.2% |   |
| 7 Edgepark Way                                                                                    |   |                         |   |   |   |   |
| Calgary, AB T3A 4G4                                                                               |   |                         |   |   |   |   |
|                                                                                              |   |                         |   |   |   |   |
| Wan Ning Lai                                                                                      |   | 2,024,657                    |   |   | 5.8% |   |
| 6818 Linden Avenue                                                                                |   |                         |   |   |   |   |
| Burnaby, BC V5E 3G4                                                                               |   |                         |   |   |   |   |

| a)     | As of December 2008, the Company owes $165,993 to      related parties.                                                                                                                                                                                               |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                       |
| b)     | During the year ended December 31, 2008, the Company      paid a total of $107,200 as salary to the Company's CEO. As of December      31, 2008, the Company owed the CEO and former CEO in the amount of      $464,705 as expense reimbursements and unpaid salary.  |
|   |                                                                                                                                                                                                                                                                       |
| c)     | As of December 31, 2008, the Company owed the former      CFO in the amount of $29,375 as unpaid salary. This amount was settled on      March 13, 2009 by the issuance of 117,500 shares.                                                                            |
|   |                                                                                                                                                                                                                                                                       |
| d)     | As of December 31, 2008, the Company owed one of its      directors in the amount of $8,550 as expense reimbursements.                                                                                                                                                |

----

| 2008 | 80,040 |   | 2007 | $ | 25,325 |   | Malone & Bailey      PC |
|------|--------|--------|------|---|--------|--------|-----------------------------|
| 2008 | 21,309 |   | 2007 | $ | 49,486 |   | Weinberg &      Company |

| 2008 | $ | 0 |   |   | Malone & Bailey PC and      Weinberg & Company |   |
|------|---|---|--------|--------|--------------------------------------------------------|--------|
| 2007 | $ | 0 |   |   | Weinberg & Company                                 |   |

| 2008 | $ | 0 |   |   | Malone & Bailey PC and      Weinberg & Company |   |
|------|---|---|--------|--------|--------------------------------------------------------|--------|
| 2007 | $ | 0 |   |   | Malone & Bailey PC and Weinberg &      Company |   |

| 2007 | $ | 0 |   |   | Malone & Bailey PC and      Weinberg & Company |   |
|------|---|---|--------|--------|--------------------------------------------------------|--------|
| 2006 | $ | 0 |   |   | Weinberg & Company                                 |   |

| Exhibit      No. | Document      Description                                               |
|------------------|-------------------------------------------------------------------------|
| 3.1              | Articles of Incorporation(1)                                            |
| 3.2              | Bylaws(1)                                                               |
| 4.1              | Specimen Stock Certificate(1)                                           |
| 5.1              | Opinion of Conrad C. Lysiak, Attorney at      Law(1)                    |
| 10.1             | Memorandum of understanding      with Sino-Con Telecomm Group., Ltd.(1) |
| 10.2             | Memorandum of understanding with Trans Pacific      Telecom Inc.(1)     |
| 10.3             | Consulting Agreement with      Daniel Bouillet(1)                       |
| 10.4             | Consulting Agreement with Ye Lian Zhei(1)                               |

----

| 10.5 | Consulting Agreement with Eric      Fore(1)                                                                                                                                |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.6 | Consulting Agreement with Glenn Henricksen(1)                                                                                                                              |
| 10.7 | Form of the subscription      agreement for the convertible notes (including the form of convertible      note certificate and the form of warrant certificate) (3)        |
| 10.8 | Co-operation agreement with China Association      of Small and Medium Enterprises (4)                                                                                     |
| 14.1 | Code of Ethics(2)                                                                                                                                                          |
| 21.1 | Subsidiaries of the Company: None                                                                                                                                          |
| 23.1 | Consent of Weinberg &      Company, P.A.(1)                                                                                                                            |
| 31.1 | Certification of Principal      Executive Officer pursuant to Rule 13a-15(e) and 15d-15(e), promulgated      under the Securities and Exchange Act of 1934, as amended (5) |
| 31.2 | Certification of Principal Financial Officer pursuant to      Rule 13a-15(e) and 15d-15(e), promulgated under the Securities and      Exchange Act of 1934, as amended (5) |
| 32.1 | Certification pursuant to      18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the      Sarbanes-Oxley Act of 2002 (5)                                       |
| 99.1 | Audit Committee Charter(2)                                                                                                                                                 |
| 99.2 | Disclosure Committee Charter(2)                                                                                                                                            |

| (1) | Incorporated herein by reference from the Registrant's      Registration Statement on Form SB-2 filed with the Securities and Exchange      Commission on November 11, 2006.  |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|     |                                                                                                                                                                                    |
| (2) | Incorporated herein by reference from the Registrant's      Annual Report on Form 10-KSB filed with the Securities and Exchange      Commission on June 29, 2007.             |
|     |                                                                                                                                                                                    |
| (3) | Incorporated herein by reference from the Registrant's      Current Report on Form 8-K filed with the Securities and Exchange      Commission on December 20, 2007.           |
|     |                                                                                                                                                                                    |
| (4) | Incorporated herein by reference from the Registrant's      Current Report on Form 8-K filed with the Securities and Exchange      Commission on January 7, 2008.             |
|     |                                                                                                                                                                                    |
| (5) | Filed herewith.                                                                                                                                                               |

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