| x | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|-----------------------------------------------------------------------------------------|

|  ̈ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|--------|------------------------------------------------------------------------------------------|

| DELAWARE                                                   |         |  000-27615    |         | 52-2158936                       |
|------------------------------------------------------------|--------------|-------------------------|--------------|----------------------------------|
| (State or Other JurisdictionIncorporation or Organization) |    | (Commission FileNumber) |    | (IRS EmployerIdentification No.) |

----

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

----

|             |                                                                                                                                                                    |   | Page   |
|------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|
|             |                                                                                                                                                                    |   |   |
|  PART I     | FINANCIAL INFORMATION                                                                                                                                                   |   |   |
|             |                                                                                                                                                                    |   |   |
| Item 1           | Condensed Balance Sheets at December 31, 2010 and June 30, 2011 (unaudited at June 30, 2011)                                                                            |   | 4      |
|             |                                                                                                                                                                    |   |   |
|             | Condensed Statements of Operations for the three and six months ended June 30, 2011 and 2010 and for the period March 25, 1999 (inception) to June 30, 2011 (unaudited) |   | 5      |
|             |                                                                                                                                                                    |   |   |
|             | Condensed Statement of Changes in Stockholders’ Equity for the period from March 25, 1999 (inception) to June 30, 2011 (unaudited)                                |   | 6      |
|             |                                                                                                                                                                    |   |   |
|             | Condensed Statements of Cash Flows for the six months ended June 30, 2011 and 2010 and for the period March 25, 1999 (inception) to June 30, 2011 (unaudited)           |   | 7      |
|             |                                                                                                                                                                    |   |   |
|             | Notes to Condensed Financial Statements (unaudited)                                                                                                                     |   | 8      |
|             |                                                                                                                                                                    |   |   |
|  Item 2     | Management’s Discussion and Analysis or Plan of Operation                                                                                                         |   | 10     |
|             |                                                                                                                                                                    |   |   |
|  Item 3     | Quantitative and Qualitative Disclosures About Market Risk                                                                                                              |   | 14     |
|             |                                                                                                                                                                    |   |   |
|  Item 4     | Controls and Procedures                                                                                                                                                 |   | 14     |
|             |                                                                                                                                                                    |   |   |
|  PART II    | Other Information                                                                                                                                                       |   | 15     |
|             |                                                                                                                                                                    |   |   |
|  Item 1     | Legal Proceedings                                                                                                                                                       |   | 15     |
|             |                                                                                                                                                                    |   |   |
|  Item 2     | Unregistered Sales of Equity Securities and Use of Proceeds                                                                                                             |   | 15     |
|             |                                                                                                                                                                    |   |   |
|  Item 3     | Defaults Upon Senior Securities                                                                                                                                         |   | 15     |
|             |                                                                                                                                                                    |   |   |
| Item 4           | (Removed and Reserved)                                                                                                                                                  |   | 15     |
|             |                                                                                                                                                                    |   |   |
|  Item 5     | Other Information                                                                                                                                                       |   | 15     |
|             |                                                                                                                                                                    |   |   |
|  Item 6     | Exhibits                                                                                                                                                                |   | 15     |
|             |                                                                                                                                                                    |   |   |
|  Signatures |                                                                                                                                                                    | 15     |

----

----

|                                                                                                                         |   | June 30,    |       |   | December 31, |   |
|------------------------------------------------------------------------------------------------------------------------------|--------|-------------|------------|--------|--------------|--------|
|                                                                                                                         |   | 2011        |       |   | 2010         |   |
|                                                                                                                         |   | (Unaudited) |       |   |         |   |
| Assets                                                                                                                       |   |        |       |   |         |   |
|                                                                                                                         |   |        |       |   |         |   |
| Current assets:                                                                                                              |   |        |       |   |         |   |
| Cash                                                                                                                         |   | $           | 1,965      |   |         | $      | 6,817 |   |
|                                                                                                                         |   |        |       |   |         |   |   |   |
| Total assets                                                                                                                 |   | $           | 1,965      |   |         | $      | 6,817 |   |
|                                                                                                                         |   |        |       |   |         |   |   |   |
| Liabilities and deficiency in stockholders' equity                                                                           |   |        |       |   |         |   |   |   |
|                                                                                                                         |   |        |       |   |         |   |   |   |
| Current liabilities:                                                                                                         |   |        |       |   |         |   |   |   |
|                                                                                                                         |   |        |       |   |         |   |   |   |
| Accounts payable and accrued expenses                                                                                        |   | $           | 176,592    |   |         | $      | 145,503 |   |
| Accrued interest - stockholder                                                                                               |   |        | 2,768      |   |         |   | 1,901 |   |
| Advance payable                                                                                                              |   |        | 3,600      |   |         |   | 3,600 |   |
| Note payable - stockholder                                                                                                   |   |        | 25,000     |   |         |   | 25,000 |   |
|                                                                                                                         |   |        |       |   |         |   |   |   |
| Total current liabilities                                                                                                    |   |        | 207,960    |   |         |   | 176,004 |   |
|                                                                                                                         |   |        |       |   |         |   |   |   |
| Note payable - stockholder                                                                                                   |   |        | 10,000     |   |         |   | 10,000 |   |
|                                                                                                                         |   |        |       |   |         |   |   |   |
| Total liabilities                                                                                                            |   |        | 217,960    |   |         |   | 186,004 |   |
|                                                                                                                         |   |        |       |   |         |   |   |   |
| Deficiency in stockholders' equity:                                                                                          |   |        |       |   |         |   |   |   |
|                                                                                                                         |   |        |       |   |         |   |   |   |
| Preferred stock, par value $.01 per share; 25,000,000 shares authorized, no shares issued and outstanding                    |   |        | -          |   |         |   | - |   |
| Common stock, par value $.01 per share; 125,000,000 shares authorized, 1,515,920 shares issued and outstanding, respectively |   |        | 15,159     |   |         |   | 15,159 |   |
| Additional paid-in capital                                                                                                   |   |        | 2,479,961  |   |         |   | 2,479,961 |   |
| Deficit accumulated during the development stage                                                                             |   |        | (2,711,115 | )      |         |   | (2,674,307 | ) |
|                                                                                                                         |   |        |       |   |         |   |   |   |
| Total deficiency in stockholders' equity                                                                                     |   |        | (215,995   | )      |         |   | (179,187 | ) |
|                                                                                                                         |   |        |       |   |         |   |   |   |
| Total liabilities and deficiency in stockholders' equity                                                                     |   | $           | 1,965      |   |         | $      | 6,817 |   |

----

|                                                          |   |                        |      |   |                      |   |      |     |   |   |      |   |   | For the Period |      |
|---------------------------------------------------------------|--------|-----------------------------|-----------|--------|---------------------------|--------|-----------|----------|--------|--------|-----------|--------|--------|--------------------------|-----------|
|                                                          |   |                        |      |   |                      |   |      |     |   |   |      |   |   | March 25, 1999 |      |
|                                                          |   |                        |      |   |                      |   |      |     |   |   |      |   |   | (Inception) to           |      |
|                                                          |   | Three Months ended June 30, |      |   | Six Months ended June 30, |   |      | June 30, |   |
|                                                          |   | 2011                        |      |   | 2010                      |   |      | 2011     |   |   | 2010      |   |   | 2011                     |      |
|                                                          |   |                        |      |   |                      |   |      |     |   |   |      |   |   |                     |      |
| Fees - consulting                                             |   | $                           | -         |   |                      | $      | -         |     |   | $      | -         |   |   | $                        | -         |   |   | $ | 534,634 |   |
|                                                          |   |                        |      |   |                      |   |      |     |   |   |      |   |   |                     |      |   |   |   |   |   |
| Operating expenses                                            |   |                        | 17,444    |   |                      |   | 18,080    |     |   |   | 35,941    |   |   |                     | 38,316    |   |   |   | 1,752,911 |   |
| Depreciation and amortization                                 |   |                        | -         |   |                      |   | -         |     |   |   | -         |   |   |                     | -         |   |   |   | 277,177 |   |
| Write-off of intangibles                                      |   |                        | -         |   |                      |   | -         |     |   |   | -         |   |   |                     | -         |   |   |   | 776,065 |   |
|                                                          |   |                        |      |   |                      |   |      |     |   |   |      |   |   |                     |      |   |   |   |   |   |
| Total expense                                                 |   |                        | 17,444    |   |                      |   | 18,080    |     |   |   | 35,941    |   |   |                     | 38,316    |   |   |   | 2,806,153 |   |
|                                                          |   |                        |      |   |                      |   |      |     |   |   |      |   |   |                     |      |   |   |   |   |   |
| Loss from operations before other income and interest expense |   |                        | (17,444   | )      |                      |   | (18,080   | )        |   |   | (35,941   | )      |   |                     | (38,316   | ) |   |   | (2,271,519 | ) |
|                                                          |   |                        |      |   |                      |   |      |     |   |   |      |   |   |                     |      |   |   |   |   |   |
| Gain on distribution of shares                                |   |                        | -         |   |                      |   | -         |     |   |   | -         |   |   |                     | -         |   |   |   | 1,750 |   |
| Other income                                                  |   |                        | -         |   |                      |   | -         |     |   |   | -         |   |   |                     | -         |   |   |   | 5,879 |   |
| Interest expense, net                                         |   |                        | (435      | )      |                      |   | (312      | )        |   |   | (867      | )      |   |                     | (620      | ) |   |   | (447,225 | ) |
|                                                          |   |                        |      |   |                      |   |      |     |   |   |      |   |   |                     |      |   |   |   |   |   |
| Loss before income taxes                                      |   |                        | (17,879   | )      |                      |   | (18,392   | )        |   |   | (36,808   | )      |   |                     | (38,936   | ) |   |   | (2,711,115 | ) |
|                                                          |   |                        |      |   |                      |   |      |     |   |   |      |   |   |                     |      |   |   |   |   |   |
| Provision for income taxes                                    |   |                        | -         |   |                      |   | -         |     |   |   | -         |   |   |                     | -         |   |   |   | - |   |
|                                                          |   |                        |      |   |                      |   |      |     |   |   |      |   |   |                     |      |   |   |   |   |   |
| Net loss                                                      |   | $                           | (17,879   | )      |                      | $      | (18,392   | )        |   |   | (36,808   | )      |   |                     | (38,936   | ) |   |   | (2,711,115 | ) |
|                                                          |   |                        |      |   |                      |   |      |     |   |   |      |   |   |                     |      |   |   |   |   |   |
| Net loss per basic and diluted share                          |   | $                           | (0.01     | )      |                      | $      | (0.01     | )        |   | $      | (0.02     | )      |   | $                        | (0.03     | ) |   |   |   |   |
|                                                          |   |                        |      |   |                      |   |      |     |   |   |      |   |   |                     |      |   |   |   |   |   |
| Weighted average shares outstanding, basic and diluted        |   |                        | 1,515,920 |   |                      |   | 1,515,920 |     |   |   | 1,515,920 |   |   |                     | 1,515,920 |   |   |   |   |   |

----

|                                                             |   |               |   |              |      |   |    |   |   |        |   |   | Deficit       |   |   |       |       |
|------------------------------------------------------------------|--------|--------------------|--------|-------------------|-----------|--------|---------|--------|--------|-------------|--------|--------|---------------|--------|--------|------------|------------|
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   | Accumulated   |   |   |       |       |
|                                                             |   |               |   |              |      |   |    |   |   | Additional  |   |   | During the    |   |   |       |       |
|                                                             |   |               |   | Common Stock |      |   | Paid-in |   |   | Development |   |   | Stockholders' |   |
|                                                             |   |               |   | Shares            |      |   | Amount  |   |   | Capital     |   |   | Stage         |   |   | Deficiency |       |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |
| Common stock sold for cash                                       |   | March 25, 1999     |   |              | 1         |   |    | $      | -      |        |   | $      | 50,000        |   |   | $          | -          |   |   | $ | 50,000 |   |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Intangible assets contributed in spin-off transaction            |   | June 30, 1999      |   |              | -         |   |    |   | -      |        |   |   | 165,652       |   |   |       | -          |   |   |   | 165,652 |   |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Common stock sold for cash                                       |   | September 27, 1999 |   |              | 76,410    |   |    |   | 764    |        |   |   | 299,236       |   |   |       | -          |   |   |   | 300,000 |   |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Common stock sold for cash                                       |   | October 4, 1999    |   |              | 19,200    |   |    |   | 192    |        |   |   | 19,008        |   |   |       | -          |   |   |   | 19,200 |   |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Net loss                                                         |   |               |   |              | -         |   |    |   | -      |        |   |   | -             |   |   |       | (33,139    | ) |   |   | (33,139 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Balance, December 31, 1999                                       |   |               |   |              | 95,611    |   |    |   | 956    |        |   |   | 533,896       |   |   |       | (33,139    | ) |   |   | 501,713 |   |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Common stock sold for cash                                       |   | December 4, 2000   |   |              | 18,750    |   |    |   | 188    |        |   |   | 374,812       |   |   |       | -          |   |   |   | 375,000 |   |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Net loss                                                         |   |               |   |              | -         |   |    |   | -      |        |   |   | -             |   |   |       | (1,211,910 | ) |   |   | (1,211,910 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Balance, December 31, 2000                                       |   |               |   |              | 114,361   |   |    |   | 1,144  |        |   |   | 908,708       |   |   |       | (1,245,049 | ) |   |   | (335,197 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Common stock issued for services                                 |   | June 11, 2001      |   |              | 2,500     |   |    |   | 25     |        |   |   | 15,975        |   |   |       | -          |   |   |   | 16,000 |   |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Common stock issued for services                                 |   | December 31, 2001  |   |              | 4,250     |   |    |   | 42     |        |   |   | 27,158        |   |   |       | -          |   |   |   | 27,200 |   |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Common stock issued for debt                                     |   | December 31, 2001  |   |              | 234,444   |   |    |   | 2,344  |        |   |   | 372,656       |   |   |       | -          |   |   |   | 375,000 |   |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Net loss                                                         |   |               |   |              | -         |   |    |   | -      |        |   |   | -             |   |   |       | (262,970   | ) |   |   | (262,970 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Balance, December 31, 2001                                       |   |               |   |              | 355,555   |   |    |   | 3,555  |        |   |   | 1,324,497     |   |   |       | (1,508,019 | ) |   |   | (179,967 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Common stock issued for services                                 |   | March 31, 2002     |   |              | 4,950     |   |    |   | 50     |        |   |   | 31,630        |   |   |       | -          |   |   |   | 31,680 |   |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Common stock issued for services                                 |   | June 30, 2002      |   |              | 2,500     |   |    |   | 25     |        |   |   | 15,975        |   |   |       | -          |   |   |   | 16,000 |   |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Net loss                                                         |   |               |   |              | -         |   |    |   | -      |        |   |   | -             |   |   |       | (533,871   | ) |   |   | (533,871 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Balance, December 31, 2002                                       |   |               |   |              | 363,005   |   |    |   | 3,630  |        |   |   | 1,372,102     |   |   |       | (2,041,890 | ) |   |   | (666,158 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Net loss                                                         |   |               |   |              | -         |   |    |   | -      |        |   |   | -             |   |   |       | (121,281   | ) |   |   | (121,281 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Balance, December 31, 2003                                       |   |               |   |              | 363,005   |   |    |   | 3,630  |        |   |   | 1,372,102     |   |   |       | (2,163,171 | ) |   |   | (787,439 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Net loss                                                         |   |               |   |              | -         |   |    |   | -      |        |   |   | -             |   |   |       | (127,030   | ) |   |   | (127,030 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Balance, December 31, 2004                                       |   |               |   |              | 363,005   |   |    |   | 3,630  |        |   |   | 1,372,102     |   |   |       | (2,290,201 | ) |   |   | (914,469 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Net income                                                       |   |               |   |              | -         |   |    |   | -      |        |   |   | -             |   |   |       | 28,686     |   |   |   | 28,686 |   |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Balance, December 31, 2005                                       |   |               |   |              | 363,005   |   |    |   | 3,630  |        |   |   | 1,372,102     |   |   |       | (2,261,515 | ) |   |   | (885,783 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Net loss                                                         |   |               |   |              | -         |   |    |   | -      |        |   |   | -             |   |   |       | (91,829    | ) |   |   | (91,829 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Balance, December 31, 2006                                       |   |               |   |              | 363,005   |   |    |   | 3,630  |        |   |   | 1,372,102     |   |   |       | (2,353,344 | ) |   |   | (977,612 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Net income                                                       |   |               |   |              | -         |   |    |   | -      |        |   |   | -             |   |   |       | 28,115     |   |   |   | 28,115 |   |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Balance, December 31, 2007                                       |   |               |   |              | 363,005   |   |    |   | 3,630  |        |   |   | 1,372,102     |   |   |       | (2,325,229 | ) |   |   | (949,497 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Common stock issued for services                                 |   | April 21, 2008     |   |              | 36,250    |   |    |   | 362    |        |   |   | 17,763        |   |   |       | -          |   |   |   | 18,125 |   |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Common stock issued upon conversion of debt and accrued interest |   | August 14,2008     |   |              | 656,665   |   |    |   | 6,567  |        |   |   | 1,044,096     |   |   |       | -          |   |   |   | 1,050,663 |   |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Common stock sold for cash                                       |   | October 20, 2008   |   |              | 450,000   |   |    |   | 4,500  |        |   |   | 45,000        |   |   |       | -          |   |   |   | 49,500 |   |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Common stock issued for services                                 |   | October 20, 2008   |   |              | 10,000    |   |    |   | 100    |        |   |   | 1,000         |   |   |       | -          |   |   |   | 1,100 |   |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Net loss                                                         |   |               |   |              | -         |   |    |   | -      |        |   |   | -             |   |   |       | (180,229   | ) |   |   | (180,229 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Balance, December 31, 2008                                       |   |               |   |              | 1,515,920 |   |    |   | 15,159 |        |   |   | 2,479,961     |   |   |       | (2,505,458 | ) |   |   | (10,338 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Net loss                                                         |   |               |   |              | -         |   |    |   | -      |        |   |   | -             |   |   |       | (85,688    | ) |   |   | (85,688 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Balance, December 31, 2009                                       |   |               |   |              | 1,515,920 |   |    |   | 15,159 |        |   |   | 2,479,961     |   |   |       | (2,591,146 | ) |   |   | (96,026 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Net loss                                                         |   |               |   |              | -         |   |    |   | -      |        |   |   | -             |   |   |       | (83,161    | ) |   |   | (83,161 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Balance, December 31, 2010                                       |   |               |   |              | 1,515,920 |   |    |   | 15,159 |        |   |   | 2,479,961     |   |   |       | (2,674,307 | ) |   |   | (179,187 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Net loss (unaudited)                                             |   |               |   |              | -         |   |    |   | -      |        |   |   | -             |   |   |       | (36,808    | ) |   |   | (36,808 | ) |
|                                                             |   |               |   |              |      |   |    |   |   |        |   |   |          |   |   |       |       |   |   |   |   |   |
| Balance, June 30, 2011 (unaudited)                               |   |               |   |              | 1,515,920 |   |    | $      | 15,159 |        |   | $      | 2,479,961     |   |   | $          | (2,711,115 | ) |   | $ | (215,995 | ) |

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|                                                                        |   |                      |    |   |     |   |    | For the Period |   |
|-----------------------------------------------------------------------------|--------|---------------------------|---------|--------|----------|--------|---------|----------------|--------|
|                                                                        |   |                      |    |   |     |   |    | March 25, 1999 |   |
|                                                                        |   |                      |    |   |     |   |    | (Inception) to |   |
|                                                                        |   | Six Months ended June 30, |    |   | June 30, |   |
|                                                                        |   | 2011                      |    |   | 2010     |   |    | 2011           |   |
|                                                                        |   |                      |    |   |     |   |    |           |   |
| Cash flows from operating activities:                                       |   |                      |    |   |     |   |    |           |   |
| Net loss                                                                    |   | $                         | (36,808 | )      |     | $      | (38,936 | )              |   | $ | (2,711,115 | ) |
| Adjustments to reconcile net loss to net cash used in operating activities: |   |                      |    |   |     |   |    |           |   |   |   |   |
| Depreciation and amortization                                               |   |                      | -       |   |     |   | -       |           |   |   | 424,160 |   |
| Stock based compensation                                                    |   |                      | -       |   |     |   | -       |           |   |   | 66,905 |   |
| Gain on reduction of stockholder loan                                       |   |                      | -       |   |     |   | -       |           |   |   | (1,750 | ) |
| Write off of intangibles                                                    |   |                      | -       |   |     |   | -       |           |   |   | 645,631 |   |
| Change in operating assets and liabilities                                  |   |                      |    |   |     |   |    |           |   |   |   |   |
| Accounts payable and accrued expenses                                       |   |                      | 31,089  |   |     |   | 23,573  |           |   |   | 176,592 |   |
| Accrued interest                                                            |   |                      | 867     |   |     |   | 620     |           |   |   | 281,640 |   |
|                                                                        |   |                      |    |   |     |   |    |           |   |   |   |   |
| Net cash used in operating activities                                       |   |                      | (4,852  | )      |     |   | (14,743 | )              |   |   | (1,117,937 | ) |
|                                                                        |   |                      |    |   |     |   |    |           |   |   |   |   |
| Cash flows from investing activities:                                       |   |                      |    |   |     |   |    |           |   |   |   |   |
| Purchase of intangible assets and equipment                                 |   |                      | -       |   |     |   | -       |           |   |   | (904,139 | ) |
|                                                                        |   |                      |    |   |     |   |    |           |   |   |   |   |
| Net cash used by investing activities                                       |   |                      | -       |   |     |   | -       |           |   |   | (904,139 | ) |
|                                                                        |   |                      |    |   |     |   |    |           |   |   |   |   |
| Cash flows from financing activities:                                       |   |                      |    |   |     |   |    |           |   |   |   |   |
| Debt conversion to equity                                                   |   |                      | -       |   |     |   | -       |           |   |   | (34,264 | ) |
| Proceed from the sale of common stock                                       |   |                      | -       |   |     |   | -       |           |   |   | 841,925 |   |
| Advance payable                                                             |   |                      | -       |   |     |   | 3,600   |           |   |   | 3,600 |   |
| Proceeds from stockholder note                                              |   |                      | -       |   |     |   | -       |           |   |   | 1,212,780 |   |
|                                                                        |   |                      |    |   |     |   |    |           |   |   |   |   |
| Net cash provided by financing activities                                   |   |                      | -       |   |     |   | 3,600   |           |   |   | 2,024,041 |   |
|                                                                        |   |                      |    |   |     |   |    |           |   |   |   |   |
| Net increase (decrease) in cash                                             |   |                      | (4,852  | )      |     |   | (11,143 | )              |   |   | 1,965 |   |
| Cash, beginning of period                                                   |   |                      | 6,817   |   |     |   | 14,185  |           |   |   | - |   |
| Cash, end of period                                                         |   | $                         | 1,965   |   |     | $      | 3,042   |           |   | $ | 1,965 |   |
|                                                                        |   |                      |    |   |     |   |    |           |   |   |   |   |
| Supplemental cash flow information:                                         |   |                      |    |   |     |   |    |           |   |   |   |   |
|                                                                        |   |                      |    |   |     |   |    |           |   |   |   |   |
| Cash paid for interest                                                      |   | $                         | -       |   |     | $      | -       |           |   |   |   |   |
| Cash paid for income taxes                                                  |   | $                         | -       |   |     | $      | -       |           |   |   |   |   |

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|   | 31.1 | Certification of the Chief Executive and the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------|

|   | 31.2 | Certification of the Chief Executive and the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------|

|   | 32.1 | Certification of the Chief Executive and the Chief Financial Officer pursuant to 18 U.S.C. Section 1350 |
|--------|------|---------------------------------------------------------------------------------------------------------|

|   | 32.2 | Certification of the Chief Executive and the Chief Financial Officer pursuant to 18 U.S.C. Section 1350 |
|--------|------|---------------------------------------------------------------------------------------------------------|

| By:    | /s/ Lawrence Chimerine                                    |   |
|--------|-----------------------------------------------------------|--------|
|   | Lawrence Chimerine, Chief Executive Officer and Principal |   |
|   | Accounting Officer and Director                           |   |

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