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| PART I.  FINANCIAL INFORMATION                                                                          |   |
|-------------------------------------------------------------------------------------------------------------------|--------|
| Item 1.   Financial Statements                                                                     |   |
| Balance Sheets as of March 31, 2010 and December 31, 2009                                                         | F-1    |
| Schedule of Investments as of March 31, 2010                                                                      | F-2    |
| Statements of Operations for the three and nine month periods ended March 31, 2010 and 2009                       | F-3    |
| Statements of Changes in Net Assets (Deficiency) for March 31, 2010 and December 31, 2009                         | F-4    |
| Statements of Cash Flows for the nine month periods ended March 31, 2010 and 2009                                 | F-5    |
| Notes to Financial Statements                                                                                     | F-5    |
|                                                                                                              |   |
| Item 2.  Management Discussion and Analysis of Financial Condition  and Results of Operations | 2      |
| Item 3.  Quantitative and Qualitative Disclosures about Market Risk                                     | 6      |
| Item 4.  Controls and Procedures                                                                        | 6      |
|                                                                                                              |   |
| PART II.  OTHER INFORMATION                                                                             | 7      |
| Item 1.  Legal Proceedings                                                                              | 7      |
| Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds                                    | 7      |
| Item 3.  Defaults Upon Senior Securities                                                                | 7      |
| Item 4.  Submission of Matters to a Vote of Security Holders                                            | 7      |
| Item 5.  Other Information                                                                              | 8      |
| Item 6.  Exhibits and Reports on Form 8-K                                                               | 8      |
|                                                                                                              |   |
| Signatures                                                                                                        | 8      |

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|                                                                                               |    | March 31                                          |                                                          | December 31                                     |
|----------------------------------------------------------------------------------------------------|---------|---------------------------------------------------|---------------------------------------------------------------|-------------------------------------------------|
|                                                                                               |    | 2010                                              |                                                          | 2009                                            |
|                                                                                               |    | (Unaudited)                                       |                                                          | (Audited)                                       |
| ASSETS                                                                                             |    |                                              |                                                          |                                            |
| Investments in portfolio companies-at fair value                                                   |  $ | --                                                |           $ | --                                              |
| Current assets:                                                                                    |    |                                              |                                                          |                                            |
|      Cash and cash equivalents                                            |    | 190,859                                           |                                                          |  1,732                                     |
| Total current assets                                                                               |    | 190,859                                           |                                                          | 1,732                                           |
| Other assets                                                                                       |    | --                                                |                                                          | --                                              |
| Total assets                                                                                       | $       |        190,859 | $                                                             |       1,732       |
| LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)                                               |    |                                              |                                                          |                                            |
| Liabilities                                                                                        |    |                                              |                                                          |                                            |
| Current liabilities;                                                                               |    |                                              |                                                          |                                            |
|      Accounts payable (including $87,750 and $59,700 to related parties)  | $       | 127,081                                           | $                                                             |    102,669                       |
|      Accrued interest                                                     |    |  1,599                                       |                                                          |    799                           |
|      Note payable related party (net of discount of $4,542 and $6,813)    |    |  22,104                                      |                                                          |      19,833            |
|      Due to affiliate                                                     |    | 3,550                                             |                                                          | 3,550                                           |
|      Due to officers                                                      |    | 110,000                                           |                                                          | 60,000                                          |
| Total current liabilities                                                                          |    | 264,334                                           |                                                          | 186,851                                         |
| Long term liabilities:                                                                             |    | --                                                |                                                          | --                                              |
| Total liabilities                                                                                  |    | 264,334                                           |                                                          |     186,851                 |
| STOCKHOLDERS’ EQUITY (DEFICIT)                                                |    |                                              |                                                          |                                            |
| Common stock, $0.001 par value, 150,000,000 shares authorized, 39,002,667                          |    |                                              |                                                          |                                            |
|      and 36,829,333 shares issued at March 31, 2010 and December 31, 2009 |    | 37,155                                            |                                                          | 36,829                                          |
| Additional paid-in capital                                                                         |    | 897,701                                           |                                                          |   572,027                             |
| Retained earnings (accumulated loss)                                                               |    | (1,008,331)                                       |                                                          | (793,975)                                       |
| Total stockholders’ equity (deficit)                                                         |    |  (73,475)                                    |                                                          |       (185,119)   |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)                                         |  $ |    190,859                         |         $                  |        1,732 |
|                                                                                               |    |                                              |                                                          |                                            |
| Net asset value per common share                                                              |  $ |       --            |          $            | --                                              |

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|                                         Portfolio Investment |                       Industry |                                                          Amount or number |                                                            Cost |                                                   Fair value |                                          % of net assets |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| --                                                                                                                                                                                                                                                                   | --                                                                                                                                           | --                                                                                                                                                                                                                                                                                                                                                                     | $                --                                                                                                                                                                                                                                                                    | $                  --                                                                                                                                                                                                   | --                                                                                                                                                                                                                                                               |

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|                                                                                                | For the three months ended                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|-----------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                | March 31,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|                                                                                                |                                               2010                                                                                2009 |
| INVESTMENT INCOME                                                                                   | $                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                 $ |   |
|     Portfolio investment interest                                               |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  -- |   | -- |
| TOTAL INCOME                                                                                        | $                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   -- |                 $ | -- |
|                                                                                                |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |
| EXPENSES                                                                                            |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |
| Investment advisory fees                                                                            |                    $                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | -- |                 $ | -- |
| General and administrative:                                                                         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |
|      Bank fees                                                             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 239 |   | -- |
|      Consulting fees (including $176,250 and $18,750 with related parties) |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 199,250 |   | 18,750 |
|      Officers’ salaries                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | -- |   | 206,250 |
|      Other expenses                                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |      115 |   | 910 |
|      Payroll taxes                                                         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | -- |   | 16,797 |
|      Professional  fee expenses                                  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  5,000 |   | -- |
|      Rent                                                                  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 1,800 |   | 1,650 |
|      Travel                                                                |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 4,882 |   | -- |
| Total expenses                                                                                      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  211,286 |   |    244,357 |
| INCOME (LOSS) FROM OPERATIONS                                                                       | $                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | (211,286) | $ |       (244,357) |
|      Other income and expenses:                                            |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |
|           Interest expenses                       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |    3,070 |   |    -- |
|      Total other income and expenses                                       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |     (3,070) |   |         -- |
| NET INCOME (LOSS) BEFORE     INCOME TAX                                    |                    $                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | (214,356) |                  $ |       (244,357) |
|       Provision for income tax                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | -- |   | -- |
| NET INCOME (LOSS)                                                                                   |                    $                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | (214,356) |                  $ |       (244,357) |
|                                                                                                |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |
| Net loss per share- basic and diluted                                                               |                    $                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |        (0.01) |                  $ |                (0.01) |
|                                                                                                |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |
| Weighted average common shares outstanding                                                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |
|      Basic                                                                 |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 37,109,248 |   | 34,408,000 |
|         Diluted                                                  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  37,109,248 |   |  34,408,000 |

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|                                                                                                                                                            |                                                              |      |         |                              |     |                                                                                                                                                                                       |         |   |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------|-----------|--------------|-----------------------------------|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------|--------|--------|
|                                                                                                                                                            | Three months ended March 31, 2010 (unaudited) |      |         | Year ended December 31, 2009 |     |
| Increase (Decrease) in net assets from operations:                                                                                                              |                                                              |      |         |                              |     |                                                                                                                                                                                       |         |
|          Net investment (loss)                                                                                     |   $                                                          | (214,356) |         |                              |  $  | (539,324)                                                                                                                                                                                  |         |
|                 Net increase (decrease) in net assets resulting from operations |                                                              | (214,356) |         |                              |     | (539,324)                                                                                                                                                                                  |         |
| Capital share transactions:                                                                                                                                     |                                                              |      |         |                              |     |                                                                                                                                                                                       |         |
| Proceeds from shares sold                                                                                                                                       |                                                              | 326,000   |    |                              |     | 363,200                                                                                                                                                                                    |    |
| Warrants issued                                                                                                                                                 |                                                              | ---       |         |                              |     |  9,084                                                                                                                                                                                |         |
|                                                                                                                                                            |                                                              |      |         |                              |     |                                 |         |
| Net increase in net assets from capital share transactions                                                                                                      |                                                              | 326,000   |    |                              |     | 372,284                                                                                                                                                                                    |    |
|                                                                                                                                                            |                                                              |      |         |                              |     |                                                                                                                                                                                       |         |
| Total increase (decrease) in net assets:                                                                                                                        |                                                              | 111,644   |    |                              |     | (167,040)                                                                                                                                                                                  |         |
| Net assets (deficiency) at beginning of period                                                                                                                  |                                                              | (185,119) |    |                              |     | (18,079)                                                                                                                                                                              |    |
|                                                                                                                                                            |                                                              |      |         |                              |     |                                                                                                                                                                                       |         |
| Net assets (deficiency) at end of period                                                                                                                        |   $                                                          | (73,475)  |    |                              |   $ | (185,119)                                                                                                                                                                                  |    |
|                                                                                                                                                            |                                                              |      |         |                              |     |                                                                                                                                                                                       |         |
| Capital share activity                                                                                                                                          |                                                              |      |         |                              |     |                                                                                                                                                                                       |         |
| Shares sold                                                                                                                                                     |                                                              | 2,173,334 |    |                              |     | 2,421,333                                                                                                                                                                                  |    |
|                                                                                                                                                            |                                                              |      |         |                              |     |                                                                                                                                                                                       |         |
| Net increase in capital share activity                                                                                                                          |                                                              | 2,173,334 |    |                              |     |   2,421,333                                                                                                                                                                      |    |
|                                                                                                                                                            |                                                              |      |         |                              |     |                                                                                                                                                                                       |         |

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| CASH FLOWS FROM OPERATING ACTIVITIES                              |   |                                   |                                                          |                                         |
|-------------------------------------------------------------------|--------|----------------------------------------|---------------------------------------------------------------|----------------------------------------------|
|  Net Loss                                                    | $      | (214,356)                              |           $ | (244,357)                                    |
| Adjustments to reconcile net loss to net cash used by operations: |   |                                   |                                                          |                                         |
| Amortization of debt discount                                     |   | 2,271                                  |                                                          | --                                           |
| Increase (decrease) in:                                           |   |                                   |                                                          |                                         |
| Accounts payable and accrued expenses                             |   | 24,412                                 |                                                          |   3,529                            |
| Accrued officers’ salaries                                  |   | --                                     |                                                          | 206,250                                      |
| Accrued payroll taxes                                             |   | --                                     |                                                          | 16,797                                       |
| Accrued interest                                                  |   |   800                        |                                                          | --                                           |
| Due to officers                                                   |   |  50,000                           |                                                          | --                                           |
| NET CASH USED BY OPERATING ACTIVITIES                             |   | (136,873)                              |                                                          | ( 17,781)                                    |
|                                                              |   |                                   |                                                          |                                         |
| CASH FLOWS FROM INVESTING ACTIVITIES                              |   |                                   |                                                          |                                         |
|                                                              |   |       -- |                                                          |        -- |
| NET CASH USED BY INVESTING ACTIVITIES                             |   |       -- |                                                          |        -- |
|                                                              |   |                                   |                                                          |                                         |
| CASH FLOWS FROM FINANCING ACTIVITIES                              |   |                                   |                                                          |                                         |
| Issuance of common stock for cash                                 |   | 326,000                                |                                                          |      --             |
| Proceeds from notes                                               |   |      --       |                                                          |      25,000         |
| NET CASH FROM FINANCING ACTIVITIES                                |   | 326,000                                |                                                          |  25,000                                 |
| NET CASH INCREASE FOR PERIOD                                      | $      |  189,127                          |           $      |       7,219    |
| CASH AT BEGINNING OF PERIOD                                       | $      | 1,732                                  |           $      |      447            |
| CASH AT END OF PERIOD                                             | $      |  190,859                          |           $      |   7,666                            |
|                                                              |   |                                   |                                                          |                                         |
|                                                              |   |                                   |                                                          |                                         |
| SUPPLEMENTAL DISCLOSURES:                                         |   |                                   |                                                          |                                         |
| Interest paid                                                     | $      | --                                     |           $      | --                                           |
| Income taxes paid                                                 | $      | --                                     |           $      | --                                           |

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|                                       |   | For the            |   | For the                                                                      |
|--------------------------------------------|--------|--------------------|--------|------------------------------------------------------------------------------|
|                                       |   | Three months ended |   | Twelve months ended                                                          |
|                                       |   | March 31, 2010     |   | December 31, 2009                                                            |
|                                       |   |               |   |                                                                         |
| Net asset value at beginning of period (1) | $      | (0.00475)          | $      |             (0.00050) |
| Proceeds from common stock                 |   | 0.00836            |   | 0.01008                                                                      |
| Net investment income (loss)               |   | (0.00549)          |   | (0.01496)                                                                    |
| Warrants issued                            |   | 0.00000            |   | 0.00024                                                                      |
| Net asset value at end of period (2)       | $      | (0.00188)          | $      | (0.00514)                                                                    |

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