SECURIITES AND
EXCHANGE COMMISSION  Washington, D.C.
20549  Form 10-K  AMENDMENT NO. 1  Annual Report Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934  For the fiscal year
ended: December 31, 2007  Commission File No.
 333-103986  HITOR GROUP, INC. (Exact name of
registrant as specified in its charter)  Nevada
98-0384073(State of other
jurisdiction of incorporation or organization)
(IRS Employer
Identification No.)  15321 Main Street, Suite
102 PO Box 5000, PMB 152 Duvall, WA 98019 (Address of principal
executive offices)  Issuers telephone
number: (425) 788-9823   Securities registered
under Section 12(b) of the Exchange Act:   Securities registered
under Section 12(g) of the Exchange Act:  Common stock   Indicate by check mark if the
registrant is a well-known seasoned issuer, as defined in Rule 405 of the
Securities Act.  [  ]  Yes     [X]
 No  Indicate by check mark if the
registrant is not required to file reports pursuant to Section 13 or Section
15(d) of the Act.  [  ]  Yes     [  ]
 No  Indicate by check mark whether the
issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of
the Exchange Act of 1934 during the preceding 12 months (or for such shorter
period that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days.  [X] Yes  [
 ] No  Indicate by check if disclosure of
delinquent filers in response to Item 405 or Regulation S-K (§229.405 of this
chapter) is not contained herein, to the best of registrants knowledge, in
definitive proxy or information statements incorporated by reference in Part III
of this Form 10-K or any amendment to this Form 10-K.  [  ]  Indicate by check
mark whether the registrant is a large accelerated filer, an accelerated filer,
or a smaller reporting company.  See the definitions of the large
accelerated filer, accelerate filer, and smaller reporting company in Rule
12b-2 of the Exchange Act.   (Check one): Large Accelerated Filer [  ] Accelerated Filer [  ] Non-Accelerated Filer [  ] Smaller reporting company [X] (Do not check if a smaller reporting company)   Hitor
Group, Inc. Form 10-KSB for year ended Dec. 31, 2007 1   Indicate
by checkmark whether the registrant is a shell company (as defined in Rule 12b-2
of the Exchange Act).  [ ] Yes     [ X ] No  State the aggregate market value of
the voting and non-voting common equity held by non-affiliates computed by
reference to the price at which the common equity was sold, or the average bid
and asked price of such common equity, as of a specified date within the past 60
days.  $0.00  DOCUMENTS INCORPORATED BY
REFERENCE No documents are incorporated herein
by reference.   EXPLANATORY NOTE  This Amendment #1 on Form 10-K/A
amends and restates items identified below with respect to the Form 10-KSB filed
by Hitor, Inc. (formerly know as Nano-Jet Corp.) (the Company) for the period
ended December 31, 2007, with the Securities and Exchange Commission (the SEC)
on April 7, 2008 (the Original Filing). The purpose of this Amendment is to
amend and restate the previously issued financial statements included in the
Original Filing for the reasons fully set forth in Note 2 to the financial
statements included in Item 8 (Financial Statements) herein. Other than as set
forth below, the Original Filing continues to speak as of the date of the filing
thereof, and the disclosure relating to items not being updated remains
unchanged.  We would encourage any user of this
filing to review our current filings for the most accurate current information.
This Amendment is being filed as a corrected historical document.  This Amendment amends and restates
the information in Item 6. Managements Discussion and Analysis, Item 7.
Financial Statements, Item 8A Controls and Procedures and Item 13.
 Exhibits of the Original Filing. This Amendment continues to describe
conditions as of the date of the Original Filing, and the disclosures contained
herein have not been updated to reflect events, results or developments that
have occurred after the date of the Original Filing, or to modify or update
those disclosures affected by subsequent events. Among other things,
forward-looking statements made in the Original Filing have not been revised to
reflect events, results or developments that have occurred or facts that have
become known to us after the date of the Original Filing, and such
forward-looking statements should be read in their historical context. This
Amendment should be read in conjunction with the Companys filings made with the
SEC subsequent to the Original Filing, including any amendments to those
filings.  Restatement of previously issued
financial statements to correct a material misstatement is an indicator of a
material weakness in internal control over financial reporting.  A
material weakness is a deficiency, or a combination of deficiencies, in internal
control over financial reporting, such that there is a reasonable possibility
that a material misstatement of the companys annual or interim financial
statements will not be prevented or detected on a timely basis.  The
Company did not have sufficient qualified personnel with an adequate
understanding of generally accepted accounting principles and experience in the
application of such principles to financing transactions, which led to a
material misstatement of the Companys interim financial statements for the
quarters ended September 30, 2006, March 31, 2007, June 30, 2007, September 30,
2007, March 31 2008, June 30, 2008 and September 30, 2008, and the fiscal years
ended December 31, 2006 and 2007.  Management has determined that this
is a material weakness in internal controls over financial reporting as of and
for each of the periods mentioned above. As of the date of this report, the
Company believes that it has taken appropriate steps to remedy these
weaknesses.    Hitor
Group, Inc. Form 10-KSB for year ended Dec. 31, 2007 2   PART I  Item
6. Managements
Plan of Operation. Hitor Group
(formerly Can/Am Auto sales, Inc., LFG International, Inc. and Nano-Jet Corp)
("Hitor Group"), is a development stage company with limited operations, limited
revenue, limited financial backing and limited assets. The original plan was to
market used cars through the internet and auto trade magazines to individuals in
the U.S. and Canada. The following
plan of operation should be read in conjunction with the December 31, 2007,
audited financial statements and the related notes elsewhere in this report.
This discussion contains forward-looking statements based upon current
expectations that involve risks and uncertainties, such as our plans,
objectives, expectations and intentions. Our actual results and the timing of
certain events could differ materially from those anticipated in these
forward-looking statements as a result of certain factors, including those set
forth under "Business" and elsewhere in this report. As of
December 31, 2007, Hitor Group had $112,178 cash on hand. Development
stage net loss for the year ended December 31, 2007 was $736,061 compared to
$84,628 for the year ended December 31, 2006. The loss for the year ended
December 31, 2007 consisted primarily of legal and accounting expenses incident
to the company's development stage activities, with a nominal amount of sales
revenue. 1. Overview  Hitor Group, through its three
subsidiaries will market to the American and International trucking and
automobile parts distribution companies as well as to oil companies and
alternative fuel vehicle distributors. It is not the intent of the Company to
market directly to the consumer, but rather through distribution channels in the
oil, truck, automobile and motorcycle industry. The Company will educate these
groups about the benefits of a Hitor Group fuel saving device as well as our
other products. Hitor Group expects to form licensing arrangements with Original
Equipment Manufacturers (OEMs) having high brand recognition in the vehicle
marketplace.  2. Marketing
Strategies  Hitor Groups
primary market is the American trucking companies, automobile manufacturers and
international trucking and automobile makers. In addition, Hitor Group plans to
market to oil companies as well as alternate fuel vehicle distributors. Hitor
Group expects that the success of its products will depend, in part, upon the
Company increasing the speed and effectiveness with which it  educates the
consumer in order to capture more market share.  The Company plans to do
this by attempting to implement one or more of the following strategies:  · Producing online
video and audio commercials that demonstrate the superior performance and fuel
efficiency of Hitor Group products;  · Enlisting a
well-known high performance automobile driver, who can be the marketing face of
the company to both the recreational and commercial automotive user;  · Implementing a
concurrent advertising campaign using both web and print versions of major
publishers like Motor Trend, Road and Track and national
newspapers and trucking magazines.  · Seek to get
product evaluators at automobile, truck and motorcycle magazines to evaluate and
write articles about Hitor Group and its multiple lines of products.  · Intentionally
form relationships with reporters interested in automobile fuel efficiency with
the goal of increasing the media examination of the issues associated with
traditional fossil fuel consumption;  · Increasing the
direct response to Hitor Groups website by strategic search engine
registrations, increased links, and an email marketing campaign;  Hitor
Group, Inc. Form 10-KSB for year ended Dec. 31, 2007 3   · Adding video
content to Hitor Groups commercial website so visitors experience a educational
video presentation on the fuel efficiency and performance benefits of Hitor
Group products as well as testimonials from consumers;  · Training a sales
staff whose mission will be to educate trucking companies, automobile parts
distributors and motorcycle manufacturers of the benefits of Hitor Group for its
customers;  · Create strategic
alliances with major automotive manufacturing companies like Kenworth,
Peterbuilt, Volvo, Mercedes, General Motors, Ford, Toyota, Nissan, and
Chrysler.   · Create corporate
communications productions for online distribution to both educate and promote
oil extraction products.  b. In addition to
marketing techniques that effectively educate and lead the petroleum industry,
and the trucking and automobile companies to buy Hitor Group products, Hitor
Group will also pursue strategic alliances with one or more major OEMs via
licensing agreements to represent products supported by Hitor Group.  These
OEMs will have wide brand recognition, excellent financial health and resources,
an established presence in international markets, and a track record of honoring
its licensing agreements.  The benefits of forming a licensing relationship
with a major OEM include: · Lower
financial risk due to shared costs; · Lower
business risk because of the prior success; · Immediate
brand recognition and acceptance; · Facilitates
acceptance of Hitor Groups new technology; · Access
to new distribution channels; · Ease
of entry into international markets of the OEMs; · Platform
for ease of entry of future Hitor Group products; · Ability
to focus on R&D of future products; · Provides
greater protection of intellectual property; · Quickens
the pace toward becoming a market standard. An
effective OEM licensing relationship will result in higher marketplace
visibility for Hitor Group, reduce the Companys costs of marketing, and speed
up marketing for world consumption. 3.
Website  The Hitor Group
website will act as a centerpiece to operations and in the future Hitor Group
will further build out their website which will be accessed by member password
for trucking companies and distributors such as auto parts companies. The
website will form a hub for its Internet community which will also include
motorcycle parts distributors as well as oil extraction products. The website
will be technically viewed as a portal to all of Hitor Groups product lines.
The site will also provide an arena for ongoing communication among users,
testimonials, etc. Online information will be available to members in a highly
intuitive format.  4.  Projected
Revenues/Projections  Hitor Group will be required to raise
funds through equity and/or debt financing in order to purchase the units for
resale.  The Company does not expect to encounter any delays with the
production of the units  Hitor
Group, Inc. Form 10-KSB for year ended Dec. 31, 2007 4   after the
orders are placed.  Hitor Group believes it will need to secure between
$1,000,000 and $2,000,000 in financing to pre-pay for its order of large and
small units.  Although purchasers and potential
distributors have indicated to management of Hitor Group that they will purchase
the units when received by the Company, it is possible that those orders may not
materialize, or may not all materialize, and the sales forecast may not be met.  In addition, based on good faith
estimates of management, Hitor Group will establish both market interest and
sales of oil extraction equipment in the first year of $5,000,000 via oil
industry specialists in sales positions for global market penetration.
 This estimate is subject to market conditions and other market forces that
may be beyond the control of Hitor Group.  Item
7. Financial
Statements   Hitor
Group, Inc. Form 10-KSB for year ended Dec. 31, 2007 5


HITOR GROUP, INC.(Formerly NANO-JET, CORP.)Index to Financial StatementsRestatedREPORT OF INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM


F-1Balance
Sheet:December
31, 2007 and December 31, 2006



F-2Statements
of Operations:For
the years ended December 31, 2007 and 2006



F-3Statements
of Stockholders' Deficit:For
the year ended December 31, 2007



F-4Statements
of Cash Flows:For
the years ended December 31, 2007 and 2006



F-5Notes to
Financial Statements:December
31, 2007



F-6 to
F-13


Hitor
Group, Inc. Form 10-KSB for year ended Dec. 31, 2007 6


HITOR GROUP, INC.(Formerly NANO-JET, CORP.)(A development stage
enterprise)Balance SheetRestatedDecember 31,

December 31,2007

2006ASSETSCurrent assets:Cash

$
       112,178

$
       140,127Funds held in trust,
Attorney

-

1,412Accounts receivable



3,500Shareholder
Receivable

43,283

-Inventory

75,239

9,870Total current
assets

230,700

154,909Fixed AssetsFurniture and
Equipment

8,330

-Computer
Equipment

4,454

-Leasehold
Improvements

20,904

-Total Fixed Assets

33,688

-Less Accumulated Depreciation

(2,006)

-Net Fixed Assets

31,682

-Other AssetsDeposits

-

-Goodwill

-

-Total Other Assets

-

-Total
assets

$
       262,382

$
       154,909LIABILITIESCurrent liabilities:Accounts payable and
accrued expenses

$
        21,894

$
          2,829Deposit

-

-Advances from
shareholder

-

75,531Advance from Lantz
Financial, Inc.

24,500

24,500Total current
liabilities

46,394

102,860Long-term  liabilities:Convertible Notes Payable

300,000

200,000Total long-term
liabilities

300,000

200,000Total
liabilities

346,394

302,860STOCKHOLDERS' DEFICITCommon stock, $.001 par value,
100,000,000 authorized,41,669,633 shares issued and
outstanding

41,670

40,570Capital in excess of par value

830,699

31,799Deficit accumulated during the
development stage

(956,381)

(220,320)Total
stockholders' deficit

(84,012)

(147,951)Total
liabilities and stockholders' deficit

$
       262,382

$
       154,909F-2


Hitor
Group, Inc. Form 10-KSB for year ended Dec. 31, 2007 7


HITOR GROUP, INC.(Formerly NANO-JET, CORP.)(A development stage enterprise)Statements of OperationsRestatedCumulative,Inception,July 15,

Three Months

Three Months

Year

Year2005 Through

Ended

Ended

Ended

EndedSeptember 30,

December 31,

December 31,

December 31,

December 31,2007

2007

2006

2007

2006Sales

$
        21,675

$
          2,535

$
               -

$         11,175

$         10,500Cost of
Sales

40,207

23,098

-

29,098

3,365Cost of
Sales

(18,532)

(20,563)

-

(17,923)

7,135General and
administrative expenses:Salaries

123,380

19,500

-

71,500

25,780Depreciation

2,006

2,006

-

2,006

-Legal
and professional

551,694

39,400

6,155

437,126

31,743Marketing
and Advertising

5,836

2,096

-

5,260

576Insurance

25,850

1,131

-

22,364

3,107Communications

13,085

2,809

-

10,575

1,787Rent

32,686

9,200

-

32,686Demo
Expense

-



-Other
general and administrative

137,963

31,770

-

91,238

28,800Total
operating expenses

892,500

107,912

6,155

672,755

91,793(Loss)
from operations

(911,032)

(128,475)

(6,155)

(690,678)

(84,658)Other income
(expense):Interest
Income

4,275

1,227

-

4,241

30Interest
(expense)

(49,624)

(9,604)

-

(49,624)

-(Loss)
before taxes

(956,381)

(136,852)

(6,155)

(736,061)

(84,628)Provision
(credit) for taxes on income

-

-

-

-

-Net
(loss)

$      (956,381)

$      (136,852)

$
         (6,155)

$      (736,061)

$
       (84,628)Basic earnings
(loss) per common share



$
          (0.00)

$
          (0.00)

$
          (0.02)

$
          (0.00)Weighted average
number of shares outstanding



41,157,133

40,569,500

41,157,133

40,519,250F-3


Hitor
Group, Inc. Form 10-KSB for year ended Dec. 31, 2007 8


HITOR GROUP, INC.(Formerly NANO-JET, CORP.)(A development stage enterprise)Statements of Stockholders' DeficitRestatedDeficitAccumulatedCapital in

During theCommon Stock

Excess of

DevelopmentShares

Amount

Par Value

Stage

TotalInception, July 15, 2005 through December
31, 2005 Restated:Balances, December 31, 2005

81,005,000

$
        81,005

$
               -

$
    (135,692)

$
     (54,687)Effects of Reverse Merger with
LFGSeptember 30,
2006

(40,435,367)

(40,435)

31,799



(8,636)Net (loss)







(84,628)

(84,628)Balances, December 31, 2006

40,569,633

$
        40,570

$
     31,799

$
    (220,320)

$
   (147,951)Conversion of subordinated debtJune 19,
2007

1,000,000

1,000

699,000



700,000Issuance for services renderedJuly 14, 2007

100,000

100

99,900



100,000Net (loss)







(736,061)

(736,061)Balances, December 31, 2007

41,669,633

$
        41,670

$    830,699

$
    (956,381)

$
    (84,012)F-4


Hitor
Group, Inc. Form 10-KSB for year ended Dec. 31, 2007 9


HITOR GROUP, INC.(Formerly NANO-JET, CORP.)(A development stage enterprise)Statements of Cash FlowsRestatedCumulative,Inception,July 15,2005 ThroughDecember 31,

December 31,

December 31,2007

2007

2006Cash
flows from operating activities:Net
(loss)

$
     (956,381)

$      (736,061)

$
       (84,628)Adjustments
to reconcile net (loss) to cashprovided
(used) by developmental stage activities:Common
stock issued for services

181,005

100,000Effects
of reverse merger with LFG

(8,636)



(8,636)Depreciation
and Amortization

2,006

2,006

-Change
in current assets and liabilities:Funds
held in trust, Attorney



1,412

1,508Inventory

(75,239)

(65,369)

-Accounts
receivable



3,500

-Deposits

-



-Accounts
payable and accrued expenses

21,894

19,065

(26,662)Net
cash flows from operating activities

(835,351)

(675,447)

(118,418)Cash
flows from investing activities:Purchase
of fixed assets

(33,688)

(33,688)

-Website
development costs incurred





-Net
cash flows from investing activities

(33,688)

(33,688)

-Cash
flows from financing activities:Proceeds
from sale of common stock

700,000

700,000

-Advances
from/to shareholder

(43,283)

(118,814)

48,545Convertible
Note Payable

300,000

100,000

200,000Advance
from Lantz Financial, Inc.

24,500



10,000Net
cash flows from financing activities

981,217

681,186

258,545Net
cash flows

112,178

(27,949)

140,127Cash and
equivalents, beginning of period

-

140,127

-Cash and
equivalents, end of period

$        112,178

$        112,178

$        140,127Supplemental
cash flow disclosures:Cash
paid for interest

$
       (49,624)

$
       (49,624)

$
               -Cash
paid for income taxes

-

-

-F-5


Hitor
Group, Inc. Form 10-KSB for year ended Dec. 31, 2007 10


Hitor Group, Inc. FormerlyNano-Jet
Corp. (A
development stage enterprise) Notes to Financial Statements December 31, 2007   Note 1 -
Organization and summary of significant accounting policies: Following
is a summary of the Companys organization and significant accounting policies: Organization
and nature of business - Hitor Group Inc., formerly Nano-Jet Corp. (We, or
the Company) is a Nevada corporation incorporated on July 15, 2005. Effective
December 6, 2007, the Company changed its name to Hitor Group Inc. The
Companys product is anticipated to allow owners and operators of both gasoline
and diesel powered vehicles to potentially increase fuel efficiency while
reducing fuel emissions into the environment. In addition, the Company intends
to operate three other subsidiaries. One will focus on oil extraction, transport
and storage solutions. The other will focus on alternative powered private and
commercial vehicles.  The Company owns a proprietary technology and
currently is applying for patents and has hired patent attorneys for this
technology worldwide Basis
of presentation -Our accounting and reporting policies conform to U.S.
generally accepted accounting principles applicable to development stage
enterprises.  Changes in classification of 2007 amounts have been made to
conform to current presentations. Use
of estimates -The preparation of financial statements in conformity with
generally accepted accounting principles requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities and
disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amount of revenues and expenses during the reporting
period. Actual results could differ from those estimates. Cash
and cash equivalents -For purposes of the statement of cash flows, we
consider all cash in banks, money market funds, and certificates of deposit with
a maturity of less than three months to be cash equivalents.  Funds
held in trust, Attorney - Our attorney held funds from our account from time
to time, and used them to pay corporate expenses.  We consider such funds
to be a current asset, but do not consider them to be cash equivalents. Website
development costs- We follow Emerging Issues Task Force Issue No. 00-2,
Accounting for Website Development Costs, (EITF Issue No. 00-2),
which provides that for specific website development costs, the accounting
should be based generally on AICPA Statement of Position 98-1, Accounting
for the Costs of Computer Software Developed or Obtained for Internal
Use.  Under SOP 98-1, development costs are capitalized and
amortized to income over the estimated useful life of the website.  We
amortized our costs over a period ending in November, 2004, at which time our
domain registration expired. Property
and Equipment - The Company values its investment in property and equipment
at cost less accumulated depreciation.  Depreciation is computed primarily
by the straight line method over the estimated useful lives of the assets
ranging from five to thirty-nine years. Fair
value of financial instruments and derivative financial instruments - We
have adopted Statements of Financial Accounting Standards regarding
Disclosure About Derivative Financial Instruments and Fair Value of Financial
Instruments. The carrying amounts of cash, accounts payable, accrued
expenses, and other current liabilities approximate fair value because of the
short maturity of these items. These fair value estimates are subjective in
nature and involve uncertainties and matters of significant judgment, and,
therefore, cannot be determined with precision. Changes in assumptions could
significantly affect these estimates.  We do not hold or issue financial
instruments for trading purposes, nor do we utilize derivative instruments in
the management of foreign exchange, commodity price or interest rate market
risks.


Hitor
Group, Inc. Form 10-KSB for year ended Dec. 31, 2007 11


Hitor Group, Inc. FormerlyNano-Jet
Corp. (A
development stage enterprise) Notes to Financial Statements December 31, 2007   Federal
income taxes - Deferred income taxes are reported for timing differences
between items of income or expense reported in the financial statements and
those reported for income tax purposes in accordance with Statements of
Financial Accounting Standards regarding Accounting for Income Taxes,
which requires the use of the asset/liability method of accounting for income
taxes. Deferred income taxes and tax benefits are recognized for the future tax
consequences attributable to differences between the financial statement
carrying amounts of existing assets and liabilities and their respective tax
bases, and for tax loss and credit carryforwards.  Deferred tax assets and
liabilities are measured using enacted tax rates expected to apply to taxable
income in the years in which those temporary differences are expected to be
recovered or settled.  Deferred taxes are provided for the estimated future
tax effects attributable to temporary differences and carryforwards when
realization is more likely than not. Net
income per share of common stock - We have adopted Statements of Financial
Standards regarding Earnings per Share, which requires presentation of
basic and diluted EPS on the face of the income statement for all entities with
complex capital structures and requires a reconciliation of the numerator and
denominator of the basic EPS computation to the numerator and denominator of the
diluted EPS computation.  In the accompanying financial statements, basic
earnings per share of common stock is computed by dividing net income by the
weighted average number of shares of common stock outstanding during the period.
 We do not have a complex capital structure requiring the computation of
diluted earnings per share. Note 2 - Restated
Statements- The financials statements have been revised due to managements
determination that the merger of the Company with LFG International, Inc. which
was originally shown as an acquisition was in fact a reverse merger.  All
statements since September 30, 2006, date of merger, have been revised for this
correction.  The following table
represents the effects of the restated statements as of December 31, 2007 and
2006:  [hitor10ksb2007amendedfina002.gif]


Hitor
Group, Inc. Form 10-KSB for year ended Dec. 31, 2007 12


Hitor Group, Inc. FormerlyNano-Jet
Corp. (A
development stage enterprise) Notes to Financial Statements December 31, 2007   Note 3 -
Uncertainty, going concern: At
December 31, 2007, we were engaged in a business and had suffered losses from
development stage activities to date. In addition, current liabilities exceed
current assets, and we have minimal operating funds. Although management is
currently attempting to identify business opportunities and is seeking
additional sources of equity or debt financing, there is no assurance these
activities will be successful. Accordingly, we must rely on our officers to
perform essential functions without compensation until a business operation can
be commenced.  No amounts have been recorded in the accompanying financial
statements for the value of officers services, as it is not considered
material. These
factors raise substantial doubt about the ability of the Company to continue as
a going concern. The financial statements do not include any adjustments that
might result from the outcome of this uncertainty. Note
4 - Advance from Lantz Financial, Inc.: On
March 6, 2006, April 20, 2005 and November 28, 2005, we obtained loans of
$10,000, $8,500 and $6,000 respectively from Lantz Financial, Inc., a Panamanian
company.  Lantz is a non-affiliate of the Company (not associated with any
officer, director, or 5% shareholder). The loans are not evidenced by a note, do
not bear interest, and are unsecured. They are due on demand.  The lender
has indicated that it may want to convert the debt into shares in the future,
but there is no agreement to that effect, and no understanding as to any other
terms. Note
5 - Federal income tax: We
follow Statements of Financial Accounting Standards regarding Accounting for
Income Taxes. Deferred income taxes reflect the net effect of (a) temporary
difference between carrying amounts of assets and liabilities for financial
purposes and the amounts used for income tax reporting purposes, and (b)
net operating loss carryforwards. No net provision for refundable Federal income
tax has been made in the accompanying statement of loss because no recoverable
taxes were paid previously. Similarly, no deferred tax asset attributable to the
net operating loss carryforward has been recognized, as it is not deemed likely
to be realized.  The
provision for refundable Federal income tax consists of the following: 12/31/2006 12/31/2007 Refundable
Federal income tax attributable to: Current
operations $(28,774) $(250,260) Less,
Nondeductible expenses -0- -0- -Less,
Change in valuation allowance 28,774 250,260 Net
refundable amount -0-
                   -0-  The
cumulative tax effect at the expected rate of 34% of significant items
comprising our net deferred tax amount  is as follows: 12/31/2006 12/31/07 Deferred
tax asset attributable to: Net
operating loss carryover $74,909 $
325,170 Less,
Valuation allowance (
74,909) (
325,170) Net
deferred tax asset -0-
                     -0- At
December 31, 2007, an unused net operating loss carryover approximating $956,381
is available to offset future taxable income; it expires beginning in 2018.
 Due to the change of control of the Company, the use of the net operating
loss may be limited in the future.


Hitor
Group, Inc. Form 10-KSB for year ended Dec. 31, 2007 13


Hitor Group, Inc. FormerlyNano-Jet
Corp. (A
development stage enterprise) Notes to Financial Statements December 31, 2007   Note
6 - Cumulative sales of stock: Since
its inception, we have issued shares of common stock as follows:  On July 15, 2005, the
Company issued 81,005,000 founder shares for services rendered in the amount of
$81,005.  On
September 30, 2006 the Company completed a reverse merger with LFG
International, Inc.  The Company issued 67,133 shares for the outstanding
shares of LFG International, Inc.  As part of the recapitalization of the
reverse merger the Company rolled forward a reverse 2:1 stock split.  The
effect of this reverse split was a reduction of the outstanding shares to
40,435,367.  On
June 19, 2007, the Companys convertible notes payable were called.  The
company issued 1,000,000 shares in exchange for $700,000 of the convertible
notes.  On
July 12, 2007 the Company issued 100,000 shares of common stock in exchange for
consulting services rendered.  Note 7 -
Convertible Notes Payable: On
December 12, 2006 the Company issued a convertible notes payable in the amount
of $300,000.  $200,000 of the loan was advanced in December, 2006.  In
March 2007, the additional $100,000 was received.  The note is due one year
from the date of issue and bears interest at the rate of 5% per annum compounded
annually.  The terms of the note allow the holder to convert the note into
shares of the companys stock at the rate of one share per $1 of debt including
unpaid interest.  The balance of the convertible notes payable at December
31, 2007 was $300,000.  Note
8 - Merger with LFG International, Inc.: Effective
September 30, 2006 the Company issued 67,000 shares of its common stock as part
of the merger with LFG International, Inc.  The Company has issued a
significant amount of its stock to acquire the Company and therefore is
considered a reverse acquisition under SFAS No. 141.  As part of the
reverse acquisition the Company initiated a 2:1 stock reversal at date of
transaction.  At the time of
the merger the assets and liabilities of the Company and LFG International
consisted of the following:


Hitor
Group, Inc. Form 10-KSB for year ended Dec. 31, 2007 14


Hitor Group, Inc. FormerlyNano-Jet
Corp. (A
development stage enterprise) Notes to Financial Statements December 31, 2007    Nano Jet

LFG

CombinedASSETS:Current
Assets:Cash
$
              447

$
                -

$
              447Cash
held in trust account


2,920

2,920Accounts
receivable
3,500



3,500Inventory
9,870



9,870Total
Current Assets
13,817

2,920

16,737TOTAL
ASSETS
$
         13,817

$
           2,920

$
         16,737LIABILITIES AND
STOCKHOLDERS DEFICIT:Current
Liabilities:Accounts
payable
$
                -

$
         41,569

$
                -Accrued
expenses
3,516

17,000Total
Current Liabilities
3,516

58,569

-Long
Term Liabilities:Shareholder
loans
118,461

20,000

134,033Loans
payable
25,000

24,500

24,500Total
Long Term Liabilities
143,461

44,500

158,533Stockholders
Deficit:Common
stock
81,005

67

40,570Paid
in capital


72,000

31,799Accumulated
deficit
(214,165)

(172,216)

(214,165)Total
Stockholders Equity
(133,160)

(100,149)

(141,796)TOTAL
LIABILITIES AND STOCKHOLDERS DEFICIT
$
         13,817

$
           2,920

$
         16,737  Note
9 - Stock Subscriptions On
March 22, 2007 the Company issued a stock subscription in the amount of
$700,000.  The subscription is for 1,000,000 shares at a rate of $0.70 per
share.  Among other provisions the subscription holder has exclusive
selling rights to the Companys product in Poland and responsibilities to sell
preset amounts of product.  Note
10 - New accounting pronouncements: In May 2008, the
Financial Accounting Standards Board (FASB) issued SFAS No. 163, Accounting
for Financial Guarantee Insurance Contracts-and interpretation of FASB Statement
No. 60.  SFAS No. 163


Hitor
Group, Inc. Form 10-KSB for year ended Dec. 31, 2007 15


Hitor Group, Inc. FormerlyNano-Jet
Corp. (A
development stage enterprise) Notes to Financial Statements December 31, 2007   clarifies how
Statement 60 applies to financial guarantee insurance contracts, including the
recognition and measurement of premium revenue and claims liabilities. This
statement also requires expanded disclosures about financial guarantee insurance
contracts. SFAS No. 163 is effective for fiscal years beginning on or after
December 15, 2008, and interim periods within those years. SFAS No. 163 has no
effect on the Companys financial position, statements of operations, or cash
flows at this time.  In May 2008, the
Financial Accounting Standards Board (FASB) issued SFAS No. 162, The
Hierarchy of Generally Accepted Accounting Principles.  SFAS No. 162 sets
forth the level of authority to a given accounting pronouncement or document by
category. Where there might be conflicting guidance between two categories, the
more authoritative category will prevail. SFAS No. 162 will become effective 60
days after the SEC approves the PCAOBs amendments to AU Section 411 of the
AICPA Professional Standards. SFAS No. 162 has no effect on the Companys
financial position, statements of operations, or cash flows at this time.  In March 2008, the
Financial Accounting Standards Board, or FASB, issued SFAS No. 161, Disclosures
about Derivative Instruments and Hedging Activitiesan amendment of FASB
Statement No. 133.  This standard requires companies to provide
enhanced disclosures about (a) how and why an entity uses derivative
instruments, (b) how derivative instruments and related hedged items are
accounted for under Statement 133 and its related interpretations, and (c) how
derivative instruments and related hedged items affect an entitys financial
position, financial performance, and cash flows. This Statement is effective for
financial statements issued for fiscal years and interim periods beginning after
November 15, 2008, with early application encouraged. The Company has not yet
adopted the provisions of SFAS No. 161, but does not expect it to have a
material impact on its consolidated financial position, results of operations or
cash flows.  In December
2007, the SEC issued Staff Accounting Bulletin (SAB) No. 110 regarding the use
of a "simplified" method, as discussed in SAB No. 107 (SAB 107), in developing
an estimate of expected term of "plain vanilla" share options in accordance with
SFAS No. 123 (R), Share-Based Payment.  In particular, the staff
indicated in SAB 107 that it will accept a company's election to use the
simplified method, regardless of whether the company has sufficient information
to make more refined estimates of expected term. At the time SAB 107 was issued,
the staff believed that more detailed external information about employee
exercise behavior (e.g., employee exercise patterns by industry and/or other
categories of companies) would, over time, become readily available to
companies. Therefore, the staff stated in SAB 107 that it would not expect a
company to use the simplified method for share option grants after December 31,
2007. The staff understands that such detailed information about employee
exercise behavior may not be widely available by December 31, 2007. Accordingly,
the staff will continue to accept, under certain circumstances, the use of the
simplified method beyond December 31, 2007. The Company currently uses the
simplified method for plain vanilla share options and warrants, and will
assess the impact of SAB 110 for fiscal year 2009. It is not believed that this
will have an impact on the Companys consolidated financial position, results of
operations or cash flows.  In December 2007, the
FASB issued SFAS No. 160, Noncontrolling Interests in Consolidated Financial
Statementsan amendment of ARB No. 51.  This statement amends ARB 51
to establish accounting and reporting standards for the noncontrolling interest
in a subsidiary and for the deconsolidation of a subsidiary. It clarifies that a
noncontrolling interest in a subsidiary is an ownership interest in the
consolidated entity that should be reported as equity in the consolidated
financial statements. Before this statement was issued, limited guidance existed
for reporting noncontrolling interests. As a result, considerable diversity in
practice existed. So-called minority interests were reported in the consolidated
statement of financial position as liabilities or in


Hitor
Group, Inc. Form 10-KSB for year ended Dec. 31, 2007 16


Hitor Group, Inc. FormerlyNano-Jet
Corp. (A
development stage enterprise) Notes to Financial Statements December 31, 2007   the mezzanine section
between liabilities and equity. This statement improves comparability by
eliminating that diversity. This statement is effective for fiscal years, and
interim periods within those fiscal years, beginning on or after December 15,
2008 (that is, January 1, 2009, for entities with calendar year-ends). Earlier
adoption is prohibited. The effective date of this statement is the same as that
of the related Statement 141 (revised 2007). The Company will adopt this
Statement beginning March 1, 2009. It is not believed that this will have an
impact on the Companys consolidated financial position, results of operations
or cash flows.  In December 2007, the
FASB, issued FAS No. 141 (revised 2007), Business Combinations. This Statement
replaces FASB Statement No. 141, Business Combinations, but retains the
fundamental requirements in Statement 141.  This Statement
establishes principles and requirements for how the acquirer: (a) recognizes and
measures in its financial statements the identifiable assets acquired, the
liabilities assumed, and any noncontrolling interest in the acquiree; (b)
recognizes and measures the goodwill acquired in the business combination or a
gain from a bargain purchase; and (c) determines what information to disclose to
enable users of the financial statements to evaluate the nature and financial
effects of the business combination. This statement applies prospectively to
business combinations for which the acquisition date is on or after the
beginning of the first annual reporting period beginning on or after December
15, 2008. An entity may not apply it before that date. The effective date of
this statement is the same as that of the related FASB Statement No. 160,
Noncontrolling Interests in Consolidated Financial Statements.  The
Company will adopt this statement beginning March 1, 2009. It is not believed
that this will have an impact on the Companys consolidated financial position,
results of operations or cash flows.  In February 2007, the
FASB, issued SFAS No. 159, The Fair Value Option for Financial Assets and
LiabilitiesIncluding an Amendment of FASB Statement No. 115.  This
standard permits an entity to choose to measure many financial instruments and
certain other items at fair value. This option is available to all entities.
Most of the provisions in FAS 159 are elective; however, an amendment to FAS 115
Accounting for Certain Investments in Debt and Equity Securities applies to all
entities with available for sale or trading securities. Some requirements apply
differently to entities that do not report net income. SFAS No. 159 is effective
as of the beginning of an entity's first fiscal year that begins after November
15, 2007. Early adoption is permitted as of the beginning of the previous fiscal
year provided that the entity makes that choice in the first 120 days of that
fiscal year and also elects to apply the provisions of SFAS No. 157 Fair Value
Measurements.  The Company will adopt SFAS No. 159 beginning March 1,
2008 and is currently evaluating the potential impact the adoption of this
pronouncement will have on its consolidated financial statements.  In September 2006,
the FASB issued SFAS No. 157, Fair Value Measurements  This statement
defines fair value, establishes a framework for measuring fair value in
generally accepted accounting principles (GAAP), and expands disclosures about
fair value measurements. This statement applies under other accounting
pronouncements that require or permit fair value measurements, the Board having
previously concluded in those accounting pronouncements that fair value is the
relevant measurement attribute. Accordingly, this statement does not require any
new fair value measurements. However, for some entities, the application of this
statement will change current practice. This statement is effective for
financial statements issued for fiscal years beginning after November 15, 2007,
and interim periods within those fiscal years. Earlier application is
encouraged, provided that the reporting entity has not yet issued financial
statements for that fiscal year, including financial statements for an interim
period within that fiscal year. The Company will adopt this statement March 1,
2008, and it is not believed that this will have an impact on the Companys
consolidated financial position, results of operations or cash flows.


Hitor
Group, Inc. Form 10-KSB for year ended Dec. 31, 2007 17     Item 8A.  Controls and
Procedures.  (a)
Evaluation of Disclosure Controls and Procedures  Our Chief
Executive Officer and Chief Financial Officer, after evaluating the
effectiveness of our disclosure controls and procedures (as defined in Exchange
Act Rules 13a-15(e) and 15d-15(e)), have concluded that, as of December 31,
2007, our disclosure controls and procedures were not effective in providing
reasonable assurance that information we are required to disclose in reports we
file is recorded, processed, summarized and reported within the periods
specified.  Specifically, we
have noted the following material weaknesses and significant deficiencies in our
internal controls over financial reporting and disclosure:  we do not have sufficient
segregation of duties in our day-to-day operations and have not implemented
compensating controls to offset the material weaknesses noted; we have noted material
weaknesses with respect to our financial reporting process, most notably our
internal audit functions; we have noted material
weaknesses with respect to our corporate governance and control environment, as
noted by restatements of our financial statements from September 30, 2006, to
September 30, 2008, due to material misstatements noted in the
mis-classification and treatment of our reverse merger, as more fully described
in Note 2 to the interim financial statements filed with this
report.  We have restated all financial statements from September 30,
2006 to September 30, 2008.  (b)
Managements Annual Report on Internal Control Over Financial Reporting  We have noted
material weaknesses and significant deficiencies in our internal controls over
financial reporting as a result of material misstatements relating to our
financial statements from September 30, 2006 to September 30, 2008 as outlined
above.  For more information on the material weakness, refer to Item 8
of Form 10-K/A for the year ended December 31, 2008 as filed on June 15,
2009.  (c) Changes
in Internal Control Over Financial Reporting  There were no
changes in our internal control over financial reporting during the year ended
December 31, 2006 that have materially affected, or are reasonably likely to
materially affect our internal controls over financial reporting.  Due to the
material weaknesses and significant deficiencies noted above, management and the
Board of Directors are currently working to remediate all noted weaknesses and
deficiencies.  PART III  Item 13.
 Exhibits   Exhibit No.
Document
Location3.1
Articles of
Incorporation
Previously Filed3.2
Bylaws
Previously filed21
Subsidiaries of Hitor
Group
Included31
Rule 31a-14(a)/15d-14(a)
Certification
Included32
Section 1350
Included    Hitor
Group, Inc. Form 10-KSB for year ended Dec. 31, 2007 18     Signatures  In accordance with Section 13 or
15(d) of the Exchange Act, the registrant caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.  HITOR GROUP. INC.  [hitor10ksb2007amendedfina004.gif]  _________________________________ Ken Martin President, Chief Executive Officer,
Director Date:  June 12, 2009   In accordance with the Exchange Act,
this report has been signed below by the following persons on behalf of the
registrant and in the capacities and on the dates indicated.  [hitor10ksb2007amendedfina006.gif] __________________ Ken
Martin Chief
Executive Officer, Chief
Accounting Officer, Director Date:
 June 12, 2009   Hitor
Group, Inc. Form 10-KSB for year ended Dec. 31, 2007 19