U.S.
      SECURITIES AND EXCHANGE COMMISSION


Washington,
      D.C. 20549





FORM
      10-K





x Annual
      Report Pursuant To Section 13 Or 15(d) Of The Securities Exchange
      Act Of 1934





For
      the fiscal year ended  July
      31, 2008





 ̈ Transition
      Report Under Section 13 or 15(d) Of The Securities Exchange
      Act Of 1934





For
      the transition period from _______________ to
      _______________





COMMISSION
      FILE NUMBER: 000-50693





SUPERLATTICE
      POWER, INC.


(Name
      of
      Registrant as Specified in Its Charter)





NEVADA
            
            90-0314205(State
                or other jurisdiction of
            
            (I.R.S.
                Employerincorporation
                or organization)
            
            Identification
                No.)




420
              N. Nellis Blvd., Suite A3-146Las
                Vegas, Nevada
            
            89110(Address
                of principal executive offices)
            
            (Zip
                Code)


(702)
                  425-7376Issuer's
                  telephone number




Securities registered underSection 12(b) of the Exchange Act:
              NONESecurities registered underSection 12(g) of the Exchange Act:
              COMMON STOCK, PAR VALUE $0.001 PER SHARE




Indicate
      by check mark if the registrant is a well-known seasoned issuer, as defined
      in
      Rule 405 of the Securities Act. Yes  ̈ No x





Indicate
      by checkmark if the registrant is not required to file reports to Section 13
      or
      15(d)Of the Act.  ̈ Yes x No





Indicate
      by check mark whether the registrant (1) has filed all reports required to
      be
      filed by Section 13 or 15(d) of the Securities 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 mark if disclosure of delinquent filers pursuant to Item 405 of
      Regulation S-K (§229.405 of this chapter) is not contained herein, and will not
      be contained, 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. x


Indicate
      by check mark whether the registrant is a large accelerated filer, an
      accelerated filer, or a smaller reporting company. (Check One):





Large accelerated filer ̈
            
            Accelerated filer ̈Non-accelerated filer ̈
            
            Smaller reporting companyx


(Do
      not
      check if a smaller reporting company)





Indicate
      by check mark whether the registrant is a shell company (as defined in Rule
      12b-2 of the Exchange Act).  ̈ Yes x No





The
      aggregate market value of the voting and non-voting common equity held by
      non-affiliates as of the last business day of the registrant’s most recently
      completed second fiscal quarter was $14,350,000.




Number
      of
      shares of Common Stock outstanding as of October 15, 2008:
      115,000,000.




Documents
      incorporated by reference: None








**PART
      I**





NOTE
      REGARDING FORWARD LOOKING STATEMENTS


CAUTIONARY
      STATEMENT FOR PURPOSES OF THE "SAFE HARBOR" PROVISIONS


OF
      THE
      PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995





This
      Annual Report contains historical information as well as forward-looking
      statements. Statements looking forward in time are included in this Annual
      Report pursuant to the safe harbor provisions of the Private Securities
      Litigation Reform Act of 1995. Such statements involve known and unknown risks
      and uncertainties that may cause our actual results in future periods to be
      materially different from any future performance suggested herein. We wish
      to
      caution readers that in addition to the important factors described elsewhere
      in
      this Form 10-KSB, the following forward looking statements, among others,
      sometimes have affected, and in the future could affect, our actual results
      and
      could cause our actual consolidated results during 2006, and beyond, to differ
      materially from those expressed in any forward-looking statements made by or
      on
      our behalf.




**Item
      1. Business.**





Background




We
      were
      incorporated on July 15, 2002 under the laws of the State of Nevada under the
      name Titan Web Solutions, Inc. On August 18, 2003, we changed our name to
      Javakingcoffee, Inc., and on July 15, 2005 changed our name to Zingo, Inc.
      We
      had been engaged in the business of offering a full range of business consulting
      services to retailers in the specialty coffee industry in China until August
      2005.




On
      August
      18, 2005, we entered into an Agreement and Plan of Reorganization, pursuant
      to
      which we agreed to acquire all of the outstanding shares of Whistlertel, Inc.
      (“Whistlertel”), a Nevada corporation, which was formerly a wholly-owned
      subsidiary of Hybrid Technologies, Inc. On August 19, 2005, we completed the
      acquisition of Whistlertel (which was subsequently renamed as Zingo Telecom,
      Inc.) in exchange for the issuance of 80,000,000 shares of our common stock,
      or
      69.56% of our outstanding common stock following such issuance. We entered
      into
      a license agreement with Hybrid Technologies, Inc. on April 15, 2008, for the
      license of the development of their lithium battery technology, and we sold
      our
      Zingo Telecom, Inc. and M/S Zingo Bpo Services Pvt. Ltd. subsidiaries that
      offered telecommunications services to business and residential customers
      utilizing VoIP technology on May 15, 2008.




To
      reflect our new business, we changed our name from Zingo, Inc. to Superlattice
      Power, Inc. on April 25, 2008.




On
      August
      17, 2007, our Board of Directors approved the change in our fiscal year from
      the
      calendar year to a fiscal year ending on July 31.





Our
      principal executive office is located at 420 N Nellis Blvd Suite A3-146 Las
      Vegas, Nevada 89110. The telephone number of our principal executive office
      is
      (702) 425-7376.


2





Recent
      Developments





*License
      Agreement With Hybrid Technologies*





Effective
      April 15, 2008, we entered into a License Agreement (the “License Agreement”)
      with Hybrid providing for Hybrid’s license to us of Hybrid’s patent applications
      and technologies for rechargeable lithium-ion batteries for hybrid vehicles
      and
      other applications, with priority purchase rights and pricing for Hybrid. We
      have agreed to invest a minimum of $1,500,000 in each of the next two years
      in
      development of this technology. We also leased space in Hybrid’s North Carolina
      facility where we will conduct our developmental and manufacturing operations
      for lithium ion batteries.





*Sale
      of Zingo Telecom*





On
      May
      15, 2008, we sold to Heritage Asset Management Inc. for $215,000 the 75,000
      outstanding shares of common stock, constituting 100% of the outstanding stock,
      of our subsidiary Zingo Telecom, Inc. In addition, at the closing, we assigned
      and transferred to Heritage all receivables or debt obligations of Zingo Telecom
      owing to or held by us at the closing date, and we assigned and transferred
      to
      Heritage all outstanding shares of M/S Zingo Bpo Services Pvt. Ltd. Under
      certain circumstances, the Company could possibly be exposed to potential
      liability for fines and penalties under the rules and regulations of the Federal
      Communications Commission for regulatory compliance issues involving the
      Company's former subsidiary Zingo Telecom, Inc., which was sold on May 15,
      2008.
      The Company would vigorously contest any assertion against it of liabilities
      deriving from regulatory compliance issues involving this former
      subsidiary.





Liquidity
      and Capital Resources





As
      of
      July 31, 2008, we had cash on hand of $15,695. During the year ended July 31,
      2008, we have incurred a net comprehensive loss of $865,290. On July
      31, 2008, we had a working capital deficiency of $4,607,333 and a stockholders'
      deficit of $4,573,730.





We
      had
      115,000,000 shares of common stock issued and outstanding as of October 15,
      2008. Our common stock is traded on the OTC Bulletin Board.





General





We
      are
      developing safe rechargeable battery system for varied applications ranging
      from
      portable electronics to onboard energy storage in EVs. Lithium ion batteries
      are
      rechargeable and composed of cathode, anode, separator and
      electrolytes. In 1990,
      Sony (Japan) introduced the lithium ion battery. Sony used an expensive cathode material,
      which was also unsafe. We are
      taking steps to pioneer a superlattice cathode material for the use in lithium
      ion rechargeable batteries.





Lithium
      ion batteries that we plan to develop are rechargeable batteries composed of
      cells linked together, each cell created from lithiated cathode powder coated
      on
      aluminum foil (electrode material that the electron flows out from during
      charge) and anode powder coated on copper foil (electrode material that the
      electro flows into during charge) with a separator (polymer material in between
      anode and cathode) in a mixture of electrolytes, which is an ionically
      conductive medium.





Our
      goal
      is continually to improve our proprietary semi-solid synthesis process for
      the
      development of lithium ion rechargeable battery technologies to meet the growing
      needs for a less expensive, high-energy density, extended life and fast
      recharging battery while considering safety as a major concern.


3





We
      use a
      proprietary superlattice cathode material and its technically advanced synthesis
      process. Our other technical expertise includes Battery Management Systems
      (BMS)
      and a high current rate battery charger. A typical battery pack will consist
      of
      a number of lithium ion cells and a BMS.





Currently,
      our technology development is in the initial phase of prototyping and testing.
      Once a prototype is successfully obtained, we plan to work closely with
      production specialists in the battery industry and material synthesis to lead
      the battery manufacturing unit along with marketing and sales team. Our primary
      focus will then simultaneously operate research and development, production
      and
      marketing of the new products.





License
      Agreement with Hybrid Technologies





Effective
      April 15, 2008, we entered into the License Agreement with Hybrid, providing
      for
      Hybrid’s license to us of Hybrid’s patent applications and technologies for
      rechargeable lithium-ion batteries for hybrid vehicles and other applications
      (“Licensed Products”).





Under
      the
      License Agreement, Hybrid has the right to purchase its requirements of lithium
      ion batteries from us, and its requirements of lithium ion batteries shall
      be
      supplied in preference to, and on a priority basis as compared with, supply
      and
      delivery arrangements in effect for our other customers. Hybrid’s cost for
      lithium ion batteries purchased from us is our actual manufacturing costs for
      such batteries for our fiscal quarter in which Hybrid’s purchase takes place.





We
      have
      agreed to invest a minimum of $1,500,000 in each of the next two years in
      development of the technology for the Licensed Products.





Effective
      April 16, 2008, Hybrid also sold us for the purchase price of $29,005, specified
      equipment and supplies related to the Licensed Products.





Competition





Our
      lithium battery development operations face substantial competition from other
      companies which have significantly greater financial resources than we do.
      At
      this time the lithium ion battery market is controlled by Asian manufacturers,
      and the Company is not aware of any volume battery manufacturer in the United
      States. LIB manufacturing moved out from USA in earlier days sighting the
      complicated and costly manufacturing process.





Government
      Regulation





According
      to lithium battery federal regulations, no lithium ion batteries may be shipped
      without having passed a series of tests defined by the UN Committee of Experts
      on the Transport of Dangerous Goods. Additional cost associated with these
      tests
      and special packaging requirements along with the troubles posed by delays
      in
      obtaining the lithium ion batteries on time have caused difficulties for
      American companies dealing with the Asian battery suppliers.


4





Employees





As
      of the
      date of this report, we have three employees. We employ several
      consultants.





Research
      and Development Expenditures





We
      incurred no research and development expenditures in our fiscal years ended
      July
      31, 2007 and $19,413 of research and development expenditures in the year ended
      July 31, 2008.





Patents
      and Trademarks





We
      have
      licensed provisional patent applications involving rechargeable battery cathode
      material and battery management systems from Hybrid Technologies and have
      acquired a U.S. patent for technology involving varied current and voltage
      rating battery packs. These patent rights enable us to customize and
      commercialize the battery packs inside electric vehicles according to the
      customer’s power requirements. This technology also gives us the ability to
      select a parallel or series combination of cells to produce a battery
      pack.





**Item
      1A. Risk Factors.**





You
      should be particularly aware of the inherent risks associated with our business
      plan. These risks include but are not limited to:





General





WE
      DO NOT
      HAVE SUFFICIENT REVENUES TO SUSTAIN OUR OPERATIONS





We
      have
      not had sufficient revenues from our telecommunication operations to operate
      without substantial loans from our former major stockholder, Hybrid
      Technologies, Inc. As of July 31, 2008, we had cash on hand of $15,695. During
      our fiscal year ended July 31, 2008, we incurred a
      net comprehensive loss of $865,290. On July 31, 2008, we had a working
      capital deficiency of $4,607,333 and a stockholders' deficit of $4,573,730.
      We
      expect that we will continue to incur operating losses in the future in
      connection with the development of our lithium battery technology. Failure
      to
      achieve or maintain profitability may materially and adversely affect the future
      value of our common stock.





IF
      WE DO
      NOT OBTAIN ADDITIONAL FINANCING, OUR BUSINESS WILL FAIL





Our
      current operating funds are less than necessary for commercialization of our
      products, and therefore we will need to obtain additional financing in order
      to
      complete our business plan. We do not currently have any arrangements for
      financing and we may not be able to find such financing if required. Market
      factors may make the timing, amount, terms or conditions of additional financing
      unavailable to us.


5





WE
      HAVE
      BEEN THE SUBJECT OF A GOING CONCERN OPINION FROM OUR INDEPENDENT AUDITORS,
      WHICH
      MEANS THAT WE MAY NOT BE ABLE TO CONTINUE OPERATIONS UNLESS WE OBTAIN ADDITIONAL
      FUNDING





Our
      independent auditors have added an explanatory paragraph to their audit
      opinions, issued in connection with our financial statements, which states
      that
      our ability to continue as a going concern is uncertain.




OUR
      MANAGEMENT HAS LIMITED EXPERIENCE IN DEVELOPMENT AND PRODUCTION OF LITHIUM
      ION
      BATTERIES AND WITH NEGOTIATING COMMERCIAL ARRANGEMENTS FOR SUCH
      PRODUCTS





Our
      management has limited experience in development, production, commercialization
      of and negotiating licenses and joint ventures to commercialize the lithium
      ion
      batteries we are developing. As a result of this inexperience, there is a high
      risk we may be unable to complete our business plan and successfully
      commercialize our lithium ion battery products, if we succeed in developing
      such
      products. Because of the intense competition for our planned products, there
      is
      substantial risk that we will not successfully commercialize these
      products.





OUR
      PLANNED LITHIUM ION BATTERY BUSINESS IS SUBJECT TO SUBSTANTIAL
      RISKS





The
      lithium ion battery market is competitive and risky. We are competing against
      numerous competitors with greater financial resources than us, and due to the
      difficulties of entry into these markets, we may be unsuccessful and not be
      able
      to complete our business plan.





LITHIUM
      ION BATTERIES, IF NOT PROPERLY MANAGED, MAY POSE A FIRE HAZARD.





We
      will
      have to develop batteries and battery management systems that eliminate the
      risk
      of fire from use of lithium ion batteries as a power source. If we are not
      able
      to develop such systems our business will not develop as planned. If our battery
      management systems fail, we could be liable to those who are harmed as a result
      of such failure.





**Item
      1B. Unresolved Staff Comments.**





Not
      applicable.





**Item
      2. Properties.**





Our
      mailing address is 420 N. Nellis Blvd., Suite A3-146, Las Vegas, Nevada 89110,
      for which we pay $11.00 per month, on a month to month basis.





Effective
      April 16, 2008, we agreed to lease approximately 5,000 square feet of space
      (“Leased Space”) in Hybrid’s North Carolina facility, such Leased Space to be
      suitable for, and utilized by us for, our developmental and manufacturing
      operations for Licensed Products pursuant to the License Agreement. The Leased
      Space is leased by Hybrid to us on a month-to-month basis at a monthly rental
      of
      $2,500, the monthly rental to be escalated five (5%) percent annually.


6




**Item
      3. Legal Proceedings.**





On
      June
      3, 2008, we were notified of a case filed on June 2, 2008, by Peter Strojnik,
      Attorney at Law, in the Federal Court for the District of Arizona (Peter
      Strojnik, P.C. v. The Energy Bull et al., 2:08-cv-1017 ROS). On
      June 24, 2008, the plaintiff amended the complaint to include the Company as
      a
      defendant. The complaint seeks damages against The Energy Bull and other
      defendants based on transmission of unsolicited facsimiles illegally promoting
      the stock of the Company to the plaintiff and members of the class that the
      plaintiff purports to represent. The lawsuit seeks damages estimated in the
      complaint to be between $333 million and $3 billion, as well as injunctive
      relief for the alleged sending of unsolicited faxes. We
      have
      filed a motion to dismiss to exclude the Company from the lawsuit. The
      Company disclaims all responsibility for authorizing in any manner unsolicited
      facsimiles issued by The Raging Bull or other parties that seek to promote
      the
      Company’s stock.




**Item
      4. Submission of Matters to a Vote of Security Holders.**





Not
      applicable.


7




**PART
      II**




**Item
      5. Market for Registrant's Common Equity, Related Shareholder Matters and Issuer
      Purchases of Equity Securities.**




As
      of
      October 15, 2008, there were approximately 34 record owners of the Company's
      Common Stock. The Company's Common Stock started quoting for trade on July
      1,
      2004 on the National Association of Securities Dealers OTC Bulletin Board under
      the symbol "JVKG". Bid quotations for the common stock commenced September
      1,
      2005.




Period
            
            High
            
            LowJanuary
                1 to March 31, 2006
            
            $
            8.86
            
            $
            5.25April
                1 to June 30, 2006
            
            $
            3.65
            
            $
            8.10July
                1 to September 30, 2006
            
            $
            3.00
            
            $
            5.75October
                1 to December 31, 2006
            
            $
            4.30
            
            $
            1.15January
                1 to March 31, 2007
            
            $
            1.41
            
            $
            .57April
                1 to June 30, 2007
            
            $
            .92
            
            $
            .52July
                1 to July 31, 2007
            
            $
            .90
            
            $
            .52August
                1 to October 31, 2007
            
            $
            2.50
            
            $
            .63November
                1, 2007 to January 31, 2008
            
            $
            .60
            
            $
            .30February
                1 to April 30, 2008
            
            $
            .47
            
            $
            .37May
                1 to July 31, 2008
            
            $
            2.53
            
            $
            .34August
                1 to October 14, 2008
            
            $
            2.08
            
            $
            .81





Holders
      of common stock are entitled to receive such dividends as may be declared by
      the
      Board of Directors out of funds legally available therefor and, in the event
      of
      liquidation, to share pro rata in any distribution of the Company's assets
      after
      payment of liabilities. The Board of Directors is not obligated to declare
      a
      dividend. The Company has not paid any dividends and the Company does not have
      any current plans to pay any dividends.





Securities
      Authorized for Issuance under Equity Compensation Plans





The
      following table sets forth as of July 31, 2008 information with respect to
      our
      common stock issued and available to be issued under outstanding options,
      warrants and rights.





(a)
            
            (b)
            
            (c)Number of securitiesremaining available forfuture issuance underequity compensationNumber of securities to be
            
            Weighted-average exercise
            
            plansissued upon exercise of
            
            price of outstanding
            
            (excluding securitiesoutstanding options,
            
            options, warrants and
            
            reflected inPlan category
            
            warrants and rights
            
            rights
            
            column (a))Equity
                compensation plans approved by security holders
            
            
            -0-
            
            
            —
            
            
            -0-Equity
                compensation plans not approved by security holders
            
            
            -0-
            
            
            —
            
            
            -0-Total
            
            
            -0-
            
            
            —
            
            
            -0-




8




**Item
      6. Selected Financial Data.**




Not
      applicable.




**Item
      7. Management's Discussion and Analysis or Plan of
      Operations.**




FORWARD
      LOOKING STATEMENTS





This
      annual report contains forward-looking statements that involve risks and
      uncertainties. We use words such as anticipate, believe, plan, expect, future,
      intend and similar expressions to identify such forward-looking statements.
      You
      should not place too much reliance on these forward-looking statements. Our
      actual results are likely to differ materially from those anticipated in these
      forward-looking statements for many reasons, including the risks faced by us
      described in this section.




INTRODUCTION




We
      were
      incorporated on July 15, 2002 under the laws of the State of Nevada under the
      name Titan Web Solutions, Inc. On August 18, 2003, we changed our name to
      Javakingcoffee, Inc., and on July 15, 2005 changed our name to Zingo, Inc.
      We
      had been engaged in the business of offering a full range of business consulting
      services to retailers in the specialty coffee industry in China until August
      2005.




On
      August
      18, 2005, we entered into an Agreement and Plan of Reorganization, pursuant
      to
      which we agreed to acquire all of the outstanding shares of Whistlertel, Inc.
      (“Whistlertel”), a Nevada corporation, which was formerly a wholly-owned
      subsidiary of Hybrid Technologies, Inc. On August 19, 2005, we completed the
      acquisition of Whistlertel (which was subsequently renamed as Zingo Telecom,
      Inc.) in exchange for the issuance of 80,000,000 shares of our common stock,
      or
      69.56% of our outstanding common stock following such issuance. We entered
      into
      a license agreement with Hybrid Technologies, Inc. on April 15, 2008, for the
      license of the development of their lithium battery technology, and we sold
      our
      Zingo Telecom, Inc. and M/S Zingo Bpo Services Pvt. Ltd. subsidiaries that
      offered telecommunications services to business and residential customers
      utilizing VoIP technology on May 15, 2008. To reflect our new business, we
      changed our name from Zingo, Inc. to Superlattice Power, Inc. on April 25,
      2008.




Results
      Of Operations for the Year Ended July 31, 2008





We
      incurred a net loss of $865,290 in the year ended July 31, 2008, which included
      general and administrative costs of $1,072,625.




2008
      COMPARED WITH 2007




Our
        net
        comprehensive loss for the twelve months ended July 31, 2008 increased to
        $865,290 from $760,739 for the seven month ended July 31, 2007. Our net comprehensive loss
        in 2008 included a net loss on discontinued operations of
        $356,843.


9




PLAN
      OF
      OPERATION




Commercial
      Initiatives




We
      are
      developing rechargeable lithium ion batteries for power production for a variety
      of uses. We
      plan
      to pioneer a superlattice cathode material for the use in lithium ion
      rechargeable batteries.





5.2
      Liquidity and Capital Resources





Since
      our
      incorporation, we have financed our operations almost exclusively through the
      sale of our common shares to investors. We expect to finance operations through
      the sale of equity in the foreseeable future as we do not receive any revenue
      from our new lithium battery development business operations. There is no
      guarantee that we will be successful in arranging financing on acceptable
      terms.





As
      of
      July 31, 2008, we had cash on hand of $15,695. Our liabilities at July 31,
      2008,
      totaled $4,623,028. At July 31, 2008, we had a working capital deficiency of
      $4,607,333 and a stockholders' deficit of $4,573,730.





In
      the
      twelve months ended July 31, 2008, we had received approximately $764,365 in
      net
      advances from related parties. Without such funding, we could not stay in
      business.





Our
      ability to raise additional capital is affected by trends and uncertainties
      beyond our control. We do not currently have any arrangements for financing
      and
      we may not be able to find such financing if required. Obtaining additional
      financing would be subject to a number of factors, including investor sentiment.
      Market factors may make the timing, amount, terms or conditions of additional
      financing unavailable to us.





Our
      auditors are of the opinion that our continuation as a going concern is in
      doubt. Our continuation as a going concern is dependent upon continued financial
      support from our shareholders and other related parties.





CRITICAL
      ACCOUNTING POLICIES





*Recently
      issued pronouncements*





In
      December 2007, the FASB issued SFAS No. 141(R), “Business
      Combinations.” This standard establishes principles and requirements for how an
      acquirer recognizes and measures in its financial statements the identifiable
      assets acquired, the liabilities assumed, any non-controlling interest in the
      acquired and the goodwill acquired. This statement also establishes disclosure
      requirements which will enable users to evaluate the nature and financial
      effects of the business combination. SFAS No. 141(R) is effective for
      us for acquisitions made after November 30, 2009. We are evaluating the
      impact of this standard and do not expect the adoption of SFAS 141(R) to
      have a material impact on its financial statements.





In
      June
      2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation
      No. 48, "Accounting for Uncertainty in Income Taxes – an interpretation of FASB
      Statement No. 109" (FIN 48), which clarifies the accounting for uncertainty
      in
      tax positions. This Interpretation requires that we recognize in our financial
      statements the benefit of a tax position if that position is more likely than
      not of being sustained on audit, based on the technical merits of the position.
      The provisions of FIN 48 become effective as of the beginning of our 2008 fiscal
      year, with the cumulative effect of the change in accounting principle recorded
      as an adjustment to opening retained earnings. We adopted FIN 48 as of January
      1, 2007 and do not feel that FIN 48 will have an impact on our financial
      statements.




10




In
      September 2006, the FASB issued Statement No. 157, "Fair Value Measurements"
      (FAS 157), which defines fair value, establishes a framework for measuring
      fair
      value, and expands disclosures about fair value measurements. The provisions
      of
      FAS 157 become effective as of the beginning of our 2009 fiscal year. We do
      not
      expect the adoption of SFAS No. 157 to have a material impact on it consolidated
      financial position, results of operations or cash flows.





In
      September 2006, the FASB issued Statement No. 158, "Employer's Accounting for
      Defined Benefit Pension and Other Postretirement Plans - an amendment of FASB
      Statements No. 87, 88, 106, and 132(R)" (FAS 158). FAS 158 requires that
      employers recognize the funded status of their defined benefit pension and
      other
      postretirement plans on the balance sheet and recognize as a component of other
      comprehensive income, net of tax, the plan-related gains or losses and prior
      service costs or credits that arise during the period but are not recognized
      as
      components of net periodic benefit cost. We do not feel the implementation
      of
      this will have a significant impact on our financial statements.





In
      February 2007, the FASB issued Statement No. 159, "The Fair Value Option for
      Financial Assets and Financial Liabilities, including an amendment of FASB
      Statement No. 115" (FAS 159). FAS 159 permits companies to choose to measure
      many financial instruments and certain other items at fair value that are not
      currently required to be measured at fair value and establishes presentation
      and
      disclosure requirements designed to facilitate comparisons between companies
      that choose different measurement attributes for similar types of assets and
      liabilities. The provisions of FAS 159 become effective as of the beginning
      of
      our 2009 fiscal year. We are currently evaluating the impact that FAS 159 will
      have on our financial statements.





In
      December 2007, the FASB issued SFAS No. 160, “Noncontrolling Interests in
      Consolidated Financial Statements – an amendment of ARB No. 51” (“SFAS No.
      160”). SFAS No. 160 amends Accounting Research Bulletin (“ARB”) No. 51 to
      establish accounting and reporting standards for the noncontrolling (minority)
      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. SFAS No. 160 also requires consolidated
      net
      income to be reported at amounts that include the amounts attributable to both
      the parent and the noncontrolling interest on the face of the consolidated
      statement of income. Under SFAS No. 160, the accounting for changes in a
      parent’s ownership interest in a subsidiary that do not result in
      deconsolidation must be accounted for as equity transactions for the difference
      between the parent’s carrying value and the cash exchanged in the transaction.
      In addition, SFAS No. 160 also requires that a parent recognize a gain or loss
      in net income when a subsidiary is deconsolidated (except in the case of a
      spin-off), and requires expanded disclosure in the Consolidated Financial
      Statements that clearly identify and distinguish between the interests of the
      parent’s ownership interest and the interests of the noncontrolling owners of a
      subsidiary. This Statement is effective for fiscal years, and interim periods
      within those fiscal years, beginning on or after December 15, 2008. The Company
      will adopt SFAS No. 160 on January 1, 2009, as required, and is currently
      evaluating the impact of such adoption on its financial statements.




In
      March
      2008, the FASB issued SFAS No. 161, “Disclosures about Derivative Instruments
      and Hedging Activities”, an amendment of FASB Statement No. 133 (“SFAS No.
      161”). The new standard is intended to improve financial reporting about
      derivative instruments and hedging activities by requiring enhanced disclosures
      to enable investors to better understand their effects on an entity’s financial
      position, financial performance and cash flows. It is effective for financial
      statements issued for fiscal years and interim periods beginning after November
      15, 2008. The Company does not believe that SFAS No. 161 will have a material
      impact on its financial statements.




11




**Item
      7A. Quantitative and Qualitative Disclosures About Market
      Risk.**





Commodity
      Price Risk - The raw materials for manufacturing our batteries could be
      affected by changes in the commodities markets, and if we commence manufacturing
      our lithium ion batteries, we could be subject to this risk.




**Item
      8. Financial Statements and Supplementary Data.**





SUPERLATTICE
      POWER, INC.




FINANCIAL
      STATEMENTS




July
      31,
      2008




12




Superlattice
      Power, Inc.





Index
      to
      Financial Statements





Reports
                of Independent Registered Accounting Firms
            
            14Consolidated
                Balance Sheet as of July 31, 2008
            
            16Consolidated
                Statements of Operations for year ended July 31, 2008 and the twelve
                months ended July 31, 2007
            
            17Consolidated
                Statement of stockholders’ (deficit) for the year ended July 31,
                2008
            
            18Consolidated
                Statement of cash flows for the year ended July 31, 2008 and the
                seven
                months ended July 31, 2007
            
            19Notes
                to the financial statements
            
            20




13




REPORT
      OF
      INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM





To
      the
      Board of Directors of Superlattice Power Inc.


420
      N.
      Nellis Blvd.


Suite
      A-3
      - 146


Las
      Vegas, NV 89110





We
      have
      audited the consolidated balance sheet of Superlattice Power Inc. and
      Subsidiaries (collectively, the “Company”, formerly Zingo, Inc.) as of July 31,
      2008, and the related consolidated statements of operations, stockholders’
deficiency, and cash flows for the year then ended. These financial statements
      are the responsibility of the Company’s management. Our responsibility is to
      express an opinion on these financial statements based on our audit. The
      financial statements of Superlattice Power Inc. (formerly Zingo, Inc.) as of
      July 31, 2007, were audited by other auditors whose report, dated November
      7,
      2007, expressed an unqualified opinion on those statements.





We
      conducted our audit in accordance with auditing standards generally accepted
      in
      the United States of America. Those standards require that we plan and perform
      the audit to obtain reasonable assurance about whether the financial statements
      are free of material misstatement. An audit includes examining, on a test basis,
      evidence supporting the amounts and disclosures in the financial statements.
      An
      audit also includes assessing the accounting principles used and significant
      estimates made by management, as well as evaluating the overall financial
      statement presentation. We believe that our audit provides a reasonable basis
      for our opinion.





In
      our
      opinion, the consolidated financial statements of Superlattice Power Inc. and
      Subsidiaries referred to above present fairly, in all material respects, the
      financial position of Superlattice Power Inc. and Subsidiaries as of July 31,
      2008, and the results of its operations and its cash flows for the year then
      ended in conformity with accounting principles generally accepted in the United
      States of America.





The
      accompanying consolidated financial statements have been prepared assuming
      the
      company will continue as a going concern. As shown in the consolidated financial
      statements, the Company incurred a net loss of $865,290 for the year ending
      July
      31, 2008. As of July 31, 2008, current liabilities exceeded current assets
      by
      $4,607,333. These factors, and others discussed in Note 1, raise substantial
      doubt about the Company’s ability to continue as a going concern.




These
      consolidated financial statements do not include any adjustments relating to
      the
      recoverability and classification of recorded assets, or the amounts and
      classification of liabilities that might be necessary in the event the Company
      cannot continue in existence.





Wiener,
      Goodman & Company P.C.





October
      20, 2008




14




**Report
      of Independent Registered Public Accounting Firm**




To
        the
        Board of Directors and Stockholders of
 Zingo,
        Inc.
 
 We
        have
        audited the accompanying consolidated balance sheets of Zingo, Inc. as of
        July
        31, 2007 and December 31, 2006, and the related consolidated statements of
        operations, stockholders’ deficit and cash flows for the seven month period
        ended July 31, 2007 and the twelve month period ended December 31, 2006.
        These
        financial statements are the responsibility of the Company’s management. Our
        responsibility is to express an opinion on these financial statements based
        on
        our audit.
 
 We
        conducted our audit in accordance with the standards of the Public Company
        Accounting Oversight Board (United States). Those standards require that
        we plan
        and perform the audit to obtain reasonable assurance about whether the financial
        statements are free of material misstatement. An audit includes examining,
        on a
        test basis, evidence supporting the amounts and disclosures in the financial
        statements. An audit also includes assessing the accounting principles used
        and
        significant estimates made by management, as well as evaluating the overall
        financial statement presentation. We believe that our audits provide a
        reasonable basis for our opinion.
 
 In
        our
        opinion, the financial statements referred to above present fairly in all
        material respects, the financial position of Zingo, Inc. as of July 31, 2007
        and
        December 31, 2006 and the results of operations and cash flows for the periods
        then ended in conformity with U.S. generally accepted accounting
        principles.
 
 The
        accompanying financial statements have been prepared assuming that the Company
        will continue as a going concern. As shown in the financial statements, the
        Company incurred a net loss of $752,879 and $2,002,539 as of July 31, 2007
        and
        December 31, 2006, respectively. As of July 31, 2007, current liabilities
        exceeded current assets by $3,847,177 and total liabilities exceeded total
        assets by $3,716,300. As of December 31, 2006 current liabilities exceeded
        current assets by $3,086,124 and total liabilities exceeded total assets
        by
        $2,960,799. These factors, and others discussed in Note 2, raise substantial
        doubt about the Company's ability to continue as a going concern. The financial
        statements do not include any adjustments relating to the recoverability
        and
        classification of recorded assets, or the amounts and classification of
        liabilities that might be necessary in the event the Company cannot continue
        in
        existence.
 
 /s/
        Haynie & Company
 Littleton,
        CO
 November
        7, 2007




15




**SUPERLATTICE
      POWER, INC.**


**(formerly
      Zingo, Inc.)**





**CONSOLIDATED
      BALANCE SHEETS**





**July 31,******
            
            **2008**
            
            2007**ASSETS**Current
                assets:Cash
                and cash equivalents
            
            **$**
            **15,695**
            
            $
            5,962Marketable
                securities - restricted
            
            
            **-**
            
            
            41,224Accounts
                receivable, net of allowance for doubtful accounts of $0 and
                $139,000
            
            
            **-**
            
            
            1,994Inventories
            
            
            **-**
            
            
            27,788Prepaid
                expenses
            
            
            **-**
            
            
            48,300***Total
                current assets***
            
            
            **15,695**
            
            
            125,268Property
                and equipment, net
            
            
            **33,603**
            
            
            89,653**$**
            **49,298**
            
            $
            214,921**LIABILITIES
                AND STOCKHOLDERS' DEFICIENCY**Current
                liabilities:Accounts
                payable and accrued expenses
            
            **$**
            **164,260**
            
            $
            233,828Deferred
                revenues
            
            
            **-**
            
            
            2,990Due
                to related parties
            
            
            **4,458,768**
            
            
            3,694,403***Total
                current liabilities***
            
            
            **4,623,028**
            
            
            3,931,221Commitments
                and contingenciesStockholders'
                deficiency:Preferred
                stock, $.001 par value, 10,000,000 shares authorized, 0 issued and
                outstanding
            
            
            **-**
            
            
            -Common
                stock, $.001 par value, 250,000,000 shares authorized, 115,000,000
                issued
                and outstanding
            
            
            **115,000**
            
            
            115,000Additional
                paid-in-capital
            
            
            **(84,107**
            **)**
            
            (84,107
            )Accumulated
                deficit
            
            
            **(4,604,623**
            **)**
            
            (3,739,333
            )Cumulative
                other comprehensive loss
            
            
            **-**
            
            
            (7,860
            )***Total
                stockholders' deficiency***
            
            
            **(4,573,730**
            **)**
            
            (3,716,300
            )**$**
            **49,298**
            
            $
            214,921




See
      Notes
      to Consolidated Financial Statements




16




**SUPERLATTICE
      POWER, INC.**


**(formerly
      Zingo, Inc.)**





**CONSOLIDATED
      STATEMENTS OF OPERATIONS**


**YEAR**
              
              SEVEN
                  MONTHS**ENDED**
              
              ENDED**July
                  31, 2008**
              
              July
                  31, 2007Sales
              
              **$**
              **-**
              
              $
              -Costs
                  and expenses:Cost
                  of sales
              
              
              **-**
              
              
              -General
                  and administrative
              
              
              **341,835**
              
              
              87,240Research
                  and development
              
              
              **19,413**
              
              
              -**361,248**
              
              
              87,240Loss
                  from continuing operations
              
              
              **(361,248**
              **)**
              
              (87,240
              )Other
                  (expense)
              
              
              **(16,852**
              **)**
              
              (83
              )Interest
                  income
              
              
              **633**
              
              
              642Interest
                  expense
              
              
              **(127,077**
              **)**
              
              -Loss
                  on sale of asset
              
              
              **(3,903**
              **)**
              
              -Net
                  loss from continuing operations
              
              
              **(508,447**
              **)**
              
              (86,681
              )Provision
                  for income taxes
              
              
              **-**
              
              
              -Net
                  loss from continuing operations
              
              
              **(508,447**
              **)**
              
              **(86,681**
              **)**Discontinued
                  operations:Loss
                  from discontinued operations
              
              
              **(526,132**
              **)**
              
              (666,198
              )Gain
                  on disposal of discontinued operations
              
              
              **169,289**
              
              
              -Net
                  loss on discontinued operations
              
              
              **(356,843**
              **)**
              
              (666,198
              )Net
                  loss
              
              
              **(865,290**
              **)**
              
              (752,879
              )Other
                  comprehensive income (loss):Foreign
                  currency translation
              
              
              **-**
              
              
              (7,860
              )Net
                  comprehensive loss
              
              **$**
              **(865,290**
              **)**
              $
              (760,739
              )Net
                  loss per share - basic and diluted - continuing operations
              
              **$**
              **(0.00**
              **)**
              $
              (0.00
              )Weighted
                  shares outstanding - basic and diluted - continuing
                  operations
              
              
              **115,000,000**
              
              
              115,000,000Net
                  loss per share - basic and diluted - discontinued
                  operations
              
              **$**
              **(0.00**
              **)**
              $
              (0.01
              )Weighted
                  shares outstanding - basic and diluted - discontinued
                  operations
              
              
              **115,000,000**
              
              
              115,000,000


17




**SUPERLATTICE
      POWER, INC.**


**(formerly
      Zingo, Inc.)**





**CONSOLIDATED
      STATEMENT OF STOCKHOLDERS' DEFICIENCY**





CumulativeAdditional
            
            OtherCommon
                Stock
            
            Paid
                In
            
            Comprehensive
            
            AccumulatedShares
            
            Par
                value
            
            Capital
            
            Income
                (Loss)
            
            Deficit
            
            Total**Balance
                December 31, 2006**
            
            
            115,000,000
            
            $
            115,000
            
            $
            (89,205
            )
            $
            -
            
            $
            (2,986,454
            )
            $
            (2,960,659
            )Additional
                paid in capital
            
            
            -
            
            
            -
            
            
            5,098
            
            
            -
            
            
            -
            
            
            5,098Foreign
                currency translation
            
            
            -
            
            
            -
            
            
            -
            
            
            (7,860
            )
            
            -
            
            
            (7,860
            )Net
                loss for period ended July 2007
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            (752,879
            )
            
            (752,879
            )**Balance
                July 31, 2007**
            
            
            115,000,000
            
            
            115,000
            
            
            (84,107
            )
            
            (7,860
            )
            
            (3,739,333
            )
            
            (3,716,300
            )Foreign
                currency translation
            
            
            -
            
            
            -
            
            
            -
            
            
            7,860
            
            
            -
            
            
            7,860Net
                loss for year ended July 2008
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            (865,290
            )
            
            (865,290
            )**Balance
                July 31, 2008**
            
            
            115,000,000
            
            $
            115,000
            
            $
            (84,107
            )
            $
            -
            
            $
            (4,604,623
            )
            $
            (4,573,730
            )





See
      Notes
      to Consolidated Financial Statements




18





**SUPERLATTICE
      POWER, INC.**


**(formerly
      Zingo, Inc.)**





**CONSOLIDATED
      STATEMENT OF CASH FLOWS**





**YEAR**
            
            TWELVE MONTHS**ENDED**
            
            ENDED**For the periods**
            
            **July 31, 2008**
            
            July 31, 2007**Cash
                Flows from Operating Activities**Net
                (loss)
            
            **$**
            **(865,290**
            **)**
            $
            (752,879
            )Items
                not affecting cash flowsDepreciation
            
            
            **34,363**
            
            
            23,570Bad
                debt expense
            
            
            **35,380**
            
            
            133,481(Decrease)
                in accounts receivable
            
            
            **(33,386**
            **)**
            
            (120,700
            )(Increase)
                decrease in inventories
            
            
            **27,788**
            
            
            (14,313
            )Decrease
                in prepaid expenses
            
            
            **48,300**
            
            
            4,860Decrease
                in marketable securities-restricted
            
            
            **41,224**
            
            
            -Loss
                on sale of property and equipment
            
            
            **3,903**
            
            
            -(Decrease)
                in accounts payable and accrued expenses
            
            
            **(69,568**
            **)**
            
            (4,200
            )(Decrease)
                in deferred revenue
            
            
            **(2,990**
            **)**
            
            -***Net
                cash used for operating activities***
            
            
            **(780,276**
            **)**
            
            (730,181
            )**Cash
                Flows from Investing Activities**Purchase
                of property and equipment
            
            
            **(52,063**
            **)**
            
            (28,479
            )Sale
                of property and equipment
            
            
            **68,777**
            
            
            -(Decrease)
                in other assets
            
            
            **-**
            
            
            (643
            )Proceeds
                from sale of property and equipment
            
            
            **1,070**
            
            
            -***Net
                cash provided by (used for) investing
                activities***
            
            
            **17,784**
            
            
            (29,122
            )**Cash
                Flows from Financing Activities**Proceeds
                from majority shareholder
            
            
            **-**
            
            
            5,098Advances
                from related parties
            
            
            **1,402,038**
            
            
            1,321,278Payments
                to related parties
            
            
            **(637,673**
            **)**
            
            (561,923
            )***Net
                cash provided by financing activities***
            
            
            **764,365**
            
            
            764,453Effect
                of exchange rate changes on cash and cash equivalents
            
            
            **7,860**
            
            
            (7,720
            )Net
                increase (decrease) in cash and cash equivalents
            
            
            **9,733**
            
            
            (2,570
            )Cash
                and cash equivalents at beginning of period
            
            
            **5,962**
            
            
            8,532Cash
                and cash equivalents at end of period
            
            **$**
            **15,695**
            
            $
            5,962Supplemental
                information:Cash
                paid during the year for:Interest
                paid
            
            **$**
            **-**
            
            $
            -Income
                taxes paid
            
            **$**
            **-**
            
            $
            -Non-cash
                transactionsTransfer
                of loan to Blue Diamond Investments, Inc.
            
            **$**
            **4,341,358**
            
            $
            -





See
      Notes
      to Consolidated Financial Statements




19





Superlattice
      Power, Inc.


(formerly
      Zingo, Inc.)





NOTES
      TO
      CONSOLIDATED FINANCIAL STATEMENTS





**Note
      1. Financial statement presentation**





Superlattice
      Power, Inc. (the “Company” or “Superlattice Power”) (formerly Zingo, Inc.),
      following the sale as of May 15, 2008, of its VoIP telecommunications business,
      intends to concentrate its efforts on further development of the lithium
      batteries technology licensed from Hybrid Technologies, Inc., the Company’s
      former parent.





The
      summary of significant accounting policies is presented to assist in the
      understanding of the financial statements. The financial statements and notes
      are the representations of management. These accounting policies conform to
      accounting policies generally accepted in the United States of America and
      have
      been consistently applied in the preparation of the financial
      statements.





*History
      and Nature of Business*


Superlattice
      Power was originally incorporated under the name Titan Web Solutions, Inc.
      on
      July 15, 2002 under the laws of the State of Nevada. The Company changed its
      name to JavaKingCoffee, Inc. in August 2003.





Effective
      August 8, 2005, the Company entered into an Agreement and Plan of
      Reorganization, pursuant to which the Company agreed to acquire all of the
      outstanding shares of WhistlerTel, Inc., a Nevada corporation, which was a
      wholly owned subsidiary of Hybrid Technologies, Inc. (“Hybrid”). The transaction
      was completed on August 19, 2005 by the issuance of 80,000,000 shares of the
      Company's stock in exchange for all of the outstanding shares of WhistlerTel's
      common stock.





WhistlerTel,
      Inc. was organized in November, 2004. The Company offers telecommunication
      services to businesses which provide voice communication via the Internet.
      The
      system requires high speed broadband internet access.





On
      April
      15, 2008, Hybrid Technologies, Inc. sold its controlling interest of the
      Company’s outstanding common stock to Blue Diamond Investments, Inc. With the
      sale of our VoIP telecommunications business, named Zingo Telecom, Inc., on
      May
      15, 2008 we intend to concentrate efforts on further development of the lithium
      batteries technology licensed from Hybrid, the Company’s former parent.





Effective
      April 15, 2008, the Company entered into a license agreement with Hybrid
      providing for Hybrid’s license to the Company of their patent applications and
      technologies for rechargeable lithium ion batteries for hybrid vehicles and
      other applications (“licensed products”). Under the license agreement, Hybrid
      has the right to purchase their requirements of lithium ion batteries from
      the
      Company, and their requirements of lithium ion batteries shall be supplied
      by
      the Company in preference to, and on a priority basis as compared with, supply
      and delivery arrangements in effect for other customers of the Company. Hybrid’s
      cost for lithium ion batteries shall be the Company’s actual manufacturing costs
      for such batteries for the fiscal quarter of the Company in which Hybrid’s
      purchase takes place.





The
      Company has agreed to invest a minimum of $1,500,000 in each of the next two
      years from the date of the license agreement to develop the technology for
      the
      licensed products. To date, investments have been made in the amount of $24,500.
      If the Company does not make the required investments, it will be in default
      under the license agreement, Hybrid would have the right to terminate the
      license agreement.





Effective
      April 16, 2008, the Company agreed to lease approximately 5,000 square feet
      of
      space in Hybrid’s North Carolina facility. The leased space will be suitable,
      and utilized by the Company, for developmental and manufacturing operations
      for
      licensed products pursuant to the license agreement. The leased space is leased
      on a month-to-month basis at a monthly rental of $2,500, the monthly rental
      to
      be escalated five (5%) percent annually. Also effective April 16, 2008, the
      Company purchased certain equipment and supplies related to the license
      agreement from Hybrid for the purchase price of $29,005.




20





Superlattice
      Power, Inc.


(formerly
      Zingo, Inc.)





NOTES
      TO
      CONSOLIDATED FINANCIAL STATEMENTS





The
      Company merged into its wholly-owned subsidiary, Superlattice Power, Inc.,
      on
      April 25, 2008. The subsidiary was created solely for this merger, the purpose
      of which was to change the name of the Company from Zingo, Inc. to Superlattice
      Power, Inc. The state of Nevada does not require stockholder approval of a
      merger of a wholly-owned subsidiary into the parent, and in connection with
      such
      a merger the name of the parent is permitted to be changed. As a result of
      the
      merger, the assets and liabilities of the surviving corporation were unchanged.
      The subsidiary Superlattice Power, Inc. had no assets or liabilities prior
      to
      the merger.





On
      June
      4, 2008, Holly Roseberry resigned as President of Superlattice Power, Inc.,
      where she remains as a director. Ayaz Kassam is the new President and Chief
      Executive Office (“Kassam”), and has been appointed as a director to fill a
      vacancy on the Board.





*Basis
      of presentation*


The
      Company’s financial statements for the year ended July 31, 2008 have been
      prepared on a going concern basis which contemplates the realization of assets
      and settlement of liabilities and commitments in the normal course of business.
      The Company had $645,632 revenue in 2008 and as of July 31, 2008, there was
      a
      working capital deficit of approximately $4.6 million. Management recognized
      that the Company’s continued existence is dependent upon its ability to obtain
      needed working capital through additional equity and/or debt financing and
      revenue to cover expenses as the Company continues to incur losses.





The
      Company’s business is subject to most of the risks inherent in the establishment
      of a new business enterprise. The likelihood of success of the Company must
      be
      considered in light of the expenses, difficulties, delays and unanticipated
      challenges encountered in connection with the formation of a new business,
      raising operating and development capital, and the marketing of a new product.
      There is no assurance the Company will ultimately achieve a profitable level
      of
      operations.





The
      Company presently does not have sufficient liquid assets to finance its
      anticipated funding needs and obligations. The Company’s continued existence is
      dependent upon its ability to obtain needed working capital through additional
      equity and/or debt financing and achieve a level of sales adequate to support
      its cost structure. Management is actively seeking additional capital to ensure
      the continuation of its current activities and complete its proposed activities.
      However, there is no assurance that additional capital will be obtained. These
      uncertainties raise substantial doubt about the ability of the Company to
      continue as a going concern. The accompanying financial statements do not
      include any adjustments that might result from the outcome of these
      uncertainties should the Company be unable to continue as a going
      concern.





SIGNIFICANT
      ACCOUNTING POLICIES





*Basis
      of consolidation*


The
      financial statements include the accounts of the Company and its wholly owned
      subsidiary, Zingo Telecom, Inc. and Zingo Telecom Canada, Inc. All intercompany
      accounts and transactions have been eliminated in consolidation.





*Estimates*


The
      preparation of financial statements prepared in accordance with the accounting
      standards generally accepted in the United States of America 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. Actual results could differ from those
      estimates.




21





Superlattice
      Power, Inc.


(formerly
      Zingo, Inc.)





NOTES
      TO
      CONSOLIDATED FINANCIAL STATEMENTS





*Cash
      and cash equivalents*


Cash
      and
      cash equivalents consist of highly liquid investments, which are readily
      convertible into cash with original maturities of three months or
      less.





*Financial
      instruments*


The
      fair
      value of accounts receivables, accounts payable and accrued expenses and
      advances from related parties approximates fair value based on their short
      maturities.





*Accounts
      receivable*


The
      Company provides credit to customers in the normal course of business. An
      allowance for accounts receivable is estimated by management based in part
      on
      the aging of receivables and historical transactions. Periodically management
      reviews accounts receivable for accounts that appear to be uncollectible and
      writes off these uncollectible balances against the allowance accordingly.





*Inventories*


Inventories
      are stated at the lower of cost or market. Cost is based on the specific
      identification method.





*Property
      and equipment*


Property
      and equipment are recorded at cost. Depreciation of property and equipment
      are
      accounted for by accelerated methods over the following estimated useful
      lives





LivesFurniture
                and fixtures
            10
                yearsSoftware
            3-5
                yearsComputers
            5
                years





*Long-lived
      assets*


The
      Company accounts for long-lived assets in accordance with Statement of Financial
      Accounting Standard No. 144 (SFAS 144) "Accounting for Long-Lived Assets".
      The
      carrying value of long-lived assets is reviewed on a regular basis for the
      existence of facts and circumstances that may suggest impairment. The Company
      recognizes impairment when the sum of undiscounted future cash flows is less
      than the carrying amount of the asset. The write down of the asset is charged
      to
      the period in which the impairment occurs.





*Income
      taxes*


Income
      taxes are accounted for under the asset and liability method. Deferred tax
      assets and liabilities are recognized for amounts of existing assets and
      liabilities and their respective tax bases and operating loss and tax credit
      carry forwards. Deferred tax assets and credits are measured using enacted
      tax
      rates expected to be recovered or settled. The effect on deferred tax assets
      and
      liabilities of a change in tax rates is recognized in the consolidated financial
      statements in the period that includes the enactment date.





*Foreign
      currency translation*


The
      functional currency for some foreign operations is the local currency. Assets
      and liabilities of foreign operations are translated at balance sheet date
      rates
      of exchange and income, expense and cash flow items are translated at the
      average exchange rate for the period. Translation adjustments in future periods
      will be recorded in Cumulative Other Comprehensive Income. The translation
      gains
      or losses were not material for the years ended July 31, 2008 and
      2007.




22





Superlattice
      Power, Inc.


(formerly
      Zingo, Inc.)





NOTES
      TO
      CONSOLIDATED FINANCIAL STATEMENTS





*Comprehensive
      income (loss)*


The
      Company reports comprehensive income (loss) in accordance with the requirements
      of Statement of Financial Accounting Standards No.130. For the year ended July
      31, 2008 and seven months ended July 31, 2007 the difference between net income
      (loss) and comprehensive income (loss) is foreign currency translation.


*Discontinued
        Operations*
 In
        May
        2008, the Company completed the sale of its VoIP business. The results for
        the
        business were accounted for as discontinued operations in the consolidated
        financial statements for the years presented herein. The divestiture resulted
        in
        a loss of $356,842 and $666,198, respectively, for the year ended July 31,
        2008,
        and seven months ended July 31, 2007.
 
 Summarized
        combined statement of loss for discontinued operations is as
        follows:
 
 **YEAR**
              
              SEVEN
                  MONTHS**ENDED**
              
              ENDED**July
                  31, 2008**
              
              July
                  31, 2007Net
                  sales
              
              **$**
              **645,632**
              
              $
              783,572Loss
                  before income tax
              
              
              **(1,171,764**
              **)**
              
              (1,449,770
              )Provision
                  for income taxes
              
              
              -
              
              
              -Loss
                  from operations - net tax
              
              
              **(526,132**
              **)**
              
              (666,198
              )Gain
                  on sale of discontinued operations
              
              
              **169,290**
              
              
              -Provision
                  for income taxes
              
              
              -
              
              
              -Loss
                  from discontinued operations - net of tax
              
              **$**
              **(356,842**
              **)**
              $
              (666,198
              )
  *Revenues*


Revenues
      are recognized at the time that service is completed or the related products
      have been installed.





*Advertising*


Advertising
      costs are generally expensed and are included in selling, general and
      administrative expenses. Total advertising expenditures for the year ended
      July
      31, 2008 and seven months ended July 31, 2007 were approximately $108,000 and
      $2,500 respectively.





*Shipping
      and handling*


Shipping
      and handling costs associated with shipping equipment to customers are generally
      expensed and included in costs of sales.





*Reclassification*


Certain
      reclassifications have been made to the prior year’s financial statements to
      conform to the current year presentation. These reclassifications have had
      no
      impact on the net equity or income (loss) from operations. The
      reclassification consisted of other assets being reclassified as marketable
      securities. The
      Company reclassified certain continuing operations to discontinued operations
      for the seven months ended July 31, 2007 in the Company’s Consolidated
      Statements of Operations.





*Recently
      issued pronouncements*


In
      December 2007, the FASB issued SFAS No. 141(R), “Business
      Combinations.” This standard establishes principles and requirements for how an
      acquirer recognizes and measures in its financial statements the identifiable
      assets acquired, the liabilities assumed, any non-controlling interest in the
      acquired and the goodwill acquired. This statement also establishes disclosure
      requirements which will enable users to evaluate the nature and financial
      effects of the business combination. SFAS No. 141(R) is effective for
      us for acquisitions made after November 30, 2009. We are evaluating the
      impact of this standard and do not expect the adoption of SFAS 141(R) to
      have a material impact on its financial statements.





In
      June
      2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation
      No. 48, "Accounting for Uncertainty in Income Taxes – an interpretation of FASB
      Statement No. 109" (FIN 48), which clarifies the accounting for uncertainty
      in
      tax positions. This Interpretation requires that we recognize in our financial
      statements the benefit of a tax position if that position is more likely than
      not of being sustained on audit, based on the technical merits of the position.
      The provisions of FIN 48 become effective as of the beginning of our 2008 fiscal
      year, with the cumulative effect of the change in accounting principle recorded
      as an adjustment to opening retained earnings. We adopted FIN 48 as of January
      1, 2007 and do not feel that FIN 48 will have an impact on our financial
      statements.





In
      September 2006, the FASB issued Statement No. 157, "Fair Value Measurements"
      (FAS 157), which defines fair value, establishes a framework for measuring
      fair
      value, and expands disclosures about fair value measurements. The provisions
      of
      FAS 157 become effective as of the beginning of our 2009 fiscal year. We do
      not
      expect the adoption of SFAS No. 157 to have a material impact on it consolidated
      financial position, results of operations or cash flows.




23





Superlattice
      Power, Inc.


(formerly
      Zingo, Inc.)





NOTES
      TO
      CONSOLIDATED FINANCIAL STATEMENTS





In
      September 2006, the FASB issued Statement No. 158, "Employer's Accounting for
      Defined Benefit Pension and Other Postretirement Plans - an amendment of FASB
      Statements No. 87, 88, 106, and 132(R)" (FAS 158). FAS 158 requires that
      employers recognize the funded status of their defined benefit pension and
      other
      postretirement plans on the balance sheet and recognize as a component of other
      comprehensive income, net of tax, the plan-related gains or losses and prior
      service costs or credits that arise during the period but are not recognized
      as
      components of net periodic benefit cost. We do not feel the implementation
      of
      this will have a significant impact on our financial statements.





In
      February 2007, the FASB issued Statement No. 159, "The Fair Value Option for
      Financial Assets and Financial Liabilities, including an amendment of FASB
      Statement No. 115" (FAS 159). FAS 159 permits companies to choose to measure
      many financial instruments and certain other items at fair value that are not
      currently required to be measured at fair value and establishes presentation
      and
      disclosure requirements designed to facilitate comparisons between companies
      that choose different measurement attributes for similar types of assets and
      liabilities. The provisions of FAS 159 become effective as of the beginning
      of
      our 2009 fiscal year. We are currently evaluating the impact that FAS 159 will
      have on our financial statements.





In
      December 2007, the FASB issued SFAS No. 160, “Noncontrolling Interests in
      Consolidated Financial Statements – an amendment of ARB No. 51” (“SFAS No.
      160”). SFAS No. 160 amends Accounting Research Bulletin (“ARB”) No. 51 to
      establish accounting and reporting standards for the noncontrolling (minority)
      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. SFAS No. 160 also requires consolidated
      net
      income to be reported at amounts that include the amounts attributable to both
      the parent and the noncontrolling interest on the face of the consolidated
      statement of income. Under SFAS No. 160, the accounting for changes in a
      parent’s ownership interest in a subsidiary that do not result in
      deconsolidation must be accounted for as equity transactions for the difference
      between the parent’s carrying value and the cash exchanged in the transaction.
      In addition, SFAS No. 160 also requires that a parent recognize a gain or loss
      in net income when a subsidiary is deconsolidated (except in the case of a
      spin-off), and requires expanded disclosure in the Consolidated Financial
      Statements that clearly identify and distinguish between the interests of the
      parent’s ownership interest and the interests of the noncontrolling owners of a
      subsidiary. This Statement is effective for fiscal years, and interim periods
      within those fiscal years, beginning on or after December 15, 2008. The Company
      will adopt SFAS No. 160 on January 1, 2009, as required, and is currently
      evaluating the impact of such adoption on its financial statements.




In
      March
      2008, the FASB issued SFAS No. 161, “Disclosures about Derivative Instruments
      and Hedging Activities”, an amendment of FASB Statement No. 133 (“SFAS No.
      161”). The new standard is intended to improve financial reporting about
      derivative instruments and hedging activities by requiring enhanced disclosures
      to enable investors to better understand their effects on an entity’s financial
      position, financial performance and cash flows. It is effective for financial
      statements issued for fiscal years and interim periods beginning after November
      15, 2008. The Company does not believe that SFAS No. 161 will have a material
      impact on its financial statements.





**Note
      2. Business combination**





As
      discussed in Note 1, JavaKing Coffee, Inc. (JavaKing) entered into an Agreement
      and Plan of Reorganization, pursuant to which the Company agreed to acquire
      all
      of the outstanding shares of WhistlerTel, Inc., a Nevada corporation, and a
      wholly owned subsidiary of Hybrid Technologies, Inc. (Hybrid). The transaction
      was completed on August 19, 2005 by the issuance of 80,000,000 shares (69.56%)
      of the Company's stock in exchange for all of the outstanding shares of
      WhislerTel's common stock. The transaction has been accounted for as reverse
      acquisition, because Hybrid has replaced the JavaKing shareholders as the party
      in control. In a reverse acquisition the capital structure remains that of
      the
      legally surviving entity (JavaKing) but the historical operations is that of
      the
      surviving control group (WhistlerTel). On April 28, 2008, Zingo, Inc. merged
      with Superlattice Power, Inc. These financials reflect the business of Zingo
      Telecom up to the date it was sold, May 15, 2008, and the financials of Zingo,
      Inc. and Superlattice Power, Inc.




24





Superlattice
      Power, Inc.


(formerly
      Zingo, Inc.)





NOTES
      TO
      CONSOLIDATED FINANCIAL STATEMENTS





**Note
      3. Other current assets**





**July 31,**
            
            July 31,**2008**
            
            2007Prepaid
                expenses
            
            **$**
            **-**
            
            $
            16,637Amounts
                on deposit with venders
            
            
            **-**
            
            
            31,633**$**
            **-**
            
            $
            48,300





**Note
      4. Property and equipment**





Property
      and equipment at consists of:





**July 31,**
            
            July 31,**2008**
            
            2007Office
                and computer equipment
            
            **$**
            **28,430**
            
            $
            114,825Leasehold
                improvements
            
            
            **9,345**
            
            
            -Software
            
            
            **-**
            
            
            19,993Autos
                and truck
            
            
            **-**
            
            
            12,224Furniture
            
            
            **-**
            
            
            6,806**37,775**
            
            
            153,848Less
                accumulated depreciation
            
            
            **(4,172**
            **)**
            
            (64,195
            )**$**
            **33,603**
            
            $
            89,653





Depreciation
      expense for the year ended July 31, 2008 and seven months ended July 31, 2007,
      was $34,363 and $23,570, respectively.





**Note
      5. Capital stock**





As
      discussed in Note 1 and Note 3, the Company entered into an agreement on August
      19, 2005, whereby the Company issued 80,000,000 shares of its common stock
      to
      the shareholder of Whistler Tel, Inc. in exchange for all of the shares of
      WhistlerTel. On April 15, 2008 the 80,000,000 shares were sold to Blue Diamond
      Investments. On May 15, 2008, the subsidiary, Zingo Telecom, was sold to a
      private investor.





During
      the year ended July 31, 2007, Hybrid provided additional paid in capital in
      the
      amount of $5,098 to help start M/S Zingo Bpo Services Pvt. Ltd. This money
      was
      considered a gift and not to be repaid.





During
      the year ended December 31, 2005, the Company announced a ten for one stock
      split. All information related to the number of shares or per share information
      has been adjusted to reflect this stock split.


25




Superlattice
      Power, Inc.


(formerly
      Zingo, Inc.)





NOTES
      TO
      CONSOLIDATED FINANCIAL STATEMENTS





**Note
      6. Related party transactions**





As
      discussed in Note 2, the Company's principal financing source has been from
      its
      former parent, Hybrid Technologies, Inc. The Company has also received advances
      during 2008 from its chief executive
      and principal financial officer
      Ayaz Kassam. On April 15, 2008, Blue Diamond assumed Hybrid’s debt due from
      Superlattice. At July 31, 2008 and July 31, 2007 the Company owed Hybrid $0
      and
      $3,694,403, Blue Diamond $4,321,358 and $0, and Kassam $137,410 and $0,
      respectfully. During the year ended July 31, 2008 and seven months ended July
      31, 2007 the Company had advances totaling $1,402,038 and $1,321,278,
      respectively; and payments amounted to approximately $637,673 and $561,923,
      respectively. Without such funding, the Company could not stay in
      business.





The
      advances from the parent company will accrue interest at a rate of 10% annually
      until the obligation has been paid in full. No term has been set for repayment
      and no payment is expected until the Company has begun to produce battery cells
      and has become a profitable venture. The balance of the related party
      transactions is due within two weeks of the parties request but does not bear
      interest. Interest for the years ended July 31, 2008 and for the seven months
      ended July 31, 2007 is $127,077 and $0, respectively. The related party
      transaction amounts are reported as current due to the
      relationship.





**Note
      7. Income taxes**





At
      July
      31, 2008 and July 31, 2007, the Company has deferred tax assets as a result
      of
      the net operating losses incurred from inception. The resulting deferred tax
      assets are reduced by a valuation allowance as discussed in Note 1, equal to
      the
      deferred tax asset as it is unlikely, based on current circumstances, that
      the
      Company will ever realize a tax benefit. Deferred tax assets and the
      corresponding valuation allowances amounted to approximately $1,612,000 and
      $1,309,000 at July 31, 2008 and July 31, 2007 respectively. The statutory tax
      rate is 35% and the effective tax rate is zero.





Under
      current tax laws, the cumulative operating losses incurred amounting to
      approximately $4,605,000 and $3,739,000 at July 31, 2008 and July 31, 2007
      respectively, will begin to expire in 2027.





**Note
      8. (Loss) per share**





Loss
      per
      share is computed based on the weighted average number of shares outstanding
      during the year. Diluted loss per common share is computed by dividing net
      loss
      by the weighted average number of common shares and potential common shares
      during the specified periods. The Company has no outstanding options, warrants
      or other convertible instruments that could affect the calculated number of
      shares.





**Note
      9. Segment information**





FASB
      Statement No. 131, *Disclosures about Segments of an Enterprise and Related
      Information* ,
      establishes standards for reporting information about operating segments.
      Operating segments are defined as components of an enterprise about which
      separate financial information is available that is evaluated regularly by
      management. We are organized by geographical area.


26





Superlattice
      Power, Inc.


(formerly
      Zingo, Inc.)





NOTES
      TO
      CONSOLIDATED FINANCIAL STATEMENTS





The
      following is financial information relating to the Company’s business
      segments:





**YEAR**
            
            SEVEN MONTHS**ENDED**
            
            ENDED**July
                31, 2008**
            
            July
                31, 2007Revenue from external customers:United
                States
            
            **$**
            **645,632**
            
            $
            783,572India
            
            
            **-**
            
            
            -Canada
            
            
            **-**
            
            
            -Total
                revenues
            
            **$**
            **645,632**
            
            $
            783,572(Loss)
                from operations:United
                States
            
            **$**
            **(516,883**
            **)**
            $
            (564,788
            )India
            
            
            **(352,078**
            **)**
            
            (159,780
            )Canada
            
            
            **(18,420**
            **)**
            
            (28,870
            )Total
                loss from operations
            
            **$**
            **(887,381**
            **)**
            $
            (753,438
            )Capital
                expenditures:Telecommunication
                servicesUnited
                States
            
            **$**
            **37,775**
            
            $
            1,555India
            
            
            **14,288**
            
            
            26,924Canada
            
            
            **-**
            
            
            -Total
                capital expenditures
            
            **$**
            **52,063**
            
            $
            28,479Depreciation
                and amortization:Telecommunication
                servicesUnited
                States
            
            **$**
            **23,470**
            
            $
            20,130India
            
            
            **10,893**
            
            
            3,440Canada
            
            
            **-**
            
            
            -Total
                depreciation and amortization
            
            **$**
            **34,363**
            
            $
            23,570





**Note
      10. Change of year-end**





The
      Company changed its year-end from December 31 to July 31 beginning with the
      annual reporting period ended July 31, 2007. It is not practical or
      cost-justified to furnish the quarterly financial statements for the
      corresponding periods of the prior year. As a result of the year-end change
      and
      given the lack of materiality of the prior periods compared to the current
      operations, and the lack of seasonality of the Company’s business, the quarters
      of the current year have been presented in comparison to the most nearly
      comparable period from the originally reported quarters of the prior year as
      follows with the Consolidated Statements of Operations for the seven months
      ended:


27




Superlattice
      Power, Inc.


(formerly
      Zingo, Inc.)





NOTES
      TO
      CONSOLIDATED FINANCIAL STATEMENTS





For the period ending
            
            Comparative periodQ1
            
            October
                31, 2007
            
            September
                30, 2006Q2
            
            January
                31, 2008
            
            December
                31, 2006Q3
            
            April
                30, 2008
            
            March
                31, 2007Q4
            
            July
                31, 2008
            
            July
                31, 2007





**Note
      11. Sale of subsidiaries**





At
      a
      closing held on May 15, 2008, the Company sold for $215,000 the 75,000
      outstanding shares of common stock, constituting 100% of the outstanding stock,
      of the Company’s subsidiary Zingo Telecom, Inc. and M/S Zingo Bpo Services Pvt.
      Ltd., the Company’s subsidiary incorporated in India.




The
      sale
      of subsidiaries was derived by recording the deposit for the sale and writing
      off the following for the subsidiaries sold: assets and liabilities,
      intercompany accounts, the loss in investment of the subsidiaries sold. The
      gain
      of $169,289 is shown on the Consolidated Statements of Operations.




**Note
      12. Commitments and contingencies**





Superlattice
      Power, Inc entered into a month to month lease agreement with Hybrid
      Technologies, Inc. for 5,000 square feet within Hybrid’s Mooresville facility on
      April 16, 2008 at the rate of $2,500. Approximately 80 %
      of this
      space has been converted into offices, and battery development workshop
      including a dry room.





Total
      rent expense for the year ended July 31, 2008 and seven months ended July 31,
      2007 amounted to approximately $6,500 and $52,000, respectively.





In
      addition, the Company has provided, as collateral to certain suppliers a letter
      of credit supplied by a certain financial institution. This arrangement requires
      that restricted cash be held on deposit with the financial institution and
      pledged as collateral for a letter of credit provided by the financial
      institution to suppliers. This restricted cash is recorded as marketable
      securities - restricted and amounted to approximately $0 for July 31, 2008
      and
      $41,000 for July 31, 2007. As of May 15, 2008, we no longer have this letter
      of
      credit.




The
      Company is a defendant in a case filed on June 2, 2008, in the Federal Court
      for
      the District of Arizona (Peter Strojnik, P.C. v. The Energy Bull et al.). The
      amended complaint in this case seeks damages against The Energy Bull, the
      Company and other defendants based on transmission of unsolicited facsimiles
      illegally promoting the stock of the Company to the plaintiff and members of
      the
      class that the plaintiff purports to represent.  The lawsuit seeks damages
      estimated in the complaint to be between $333 million and $3 billion, as well
      as
      injunctive relief for the alleged sending of unsolicited faxes. The Company
      denies these allegations and has filed a motion to dismiss to exclude the
      Company from the lawsuit.




Under
      certain circumstances, the Company could possibly be exposed to potential
      liability for fines and penalties under the rules and regulations of the Federal
      Communications Commission for regulatory compliance issues involving the
      Company's former subsidiary Zingo Telecom, Inc., which was sold on May 15,
      2008.
      The Company would vigorously contest any assertion against it of liabilities
      deriving from regulatory compliance issues involving this former
      subsidiary.




28




**Item
      9. Changes In and Disagreements With Accountants on Accounting and Financial
      Disclosure.**




None.




**Item
      9A (T). Controls and Procedures.**





As
      supervised by our board of directors and our principal executive and principal
      financial officers, management has established a system of disclosure controls
      and procedures and has evaluated the effectiveness of that system. The system
      and its evaluation are reported on in the below Management's Annual Report
      on
      Internal Control over Financial Reporting. Our principal executive and financial
      officer has concluded that our disclosure controls and procedures (as defined
      in
      the 1934 Securities Exchange Act Rule 13a-15(e)) as of July 31, 2008, are
      effective, based on the evaluation of these controls and procedures required
      by
      paragraph (b) of Rule 13a-15.





Management's
      Annual Report on Internal Control over Financial Reporting





Management
      is responsible for establishing and maintaining adequate internal control over
      financial reporting, as such term is defined in Rule 13a-15(f) of the Securities
      Exchange Act of 1934 (the "Exchange Act"). Internal control over financial
      reporting is a process designed to provide reasonable assurance regarding the
      reliability of financial reporting and the preparation of financial statements
      for external purposes in accordance with U.S. generally accepted accounting
      principles.





Management
      assessed the effectiveness of internal control over financial reporting as
      of
      July 31, 2008. We carried out this assessment using the criteria of the
      Committee of Sponsoring Organizations of the Treadway Commission (COSO) in
      Internal Control—Integrated Framework.





This
      annual report does not include an attestation report of our registered public
      accounting firm regarding internal control over financial reporting.
      Management's report was not subject to attestation by our registered public
      accounting firm, pursuant to temporary rules of the Securities and Exchange
      Commission that permit us to provide only management's report in this annual
      report. Management concluded in this assessment that as of July 31, 2008, our
      internal control over financial reporting is effective.




There
      have been no significant changes in our internal control over financial
      reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act)
      during the fourth quarter of our 2008 fiscal year that have materially affected,
      or are reasonably likely to materially affect, our internal control over
      financial reporting.




**Item
      9B. Other Information.**




None.




29




**PART
      III**




**Item
      10. Directors, Executive Officers, and Corporate
      Governance.**





Our
      executive officers and directors and their respective ages as of October 1,
      2008
      are as follows:





Name
            
            Age
            
            OfficeAyaz
                Kassam
            
            42
            
            President,
                Chief ExecutiveOfficer and DirectorMehboob
                Charania
            
            51
            
            Secretary,
                Treasurer and DirectorHolly
                Roseberry
            
            56
            
            Director





The
      following describes the business experience of our directors and executive
      officers, including other directorships held in reporting
      companies:





Ayaz
      Kassam, age 42, was appointed our President and Chief Executive Officer, and
      as
      a Director, on June 4, 2008. He graduated and received a degree as an industrial
      designer product specialist from The Ontario College of the Arts, in Toronto,
      Canada, in 1990-1991. Mr. Kassam commenced his professional career at Pigeon
      Branding and Design, Toronto/Oakville, Canada, in 1992, and from 1996 to 2003,
      where he managed the technology and design needs of the creative services group
      at Loblaws Brand Limited. In 2005, he founded and continues to operate a web
      hosting company, Favorhosting Corp. From 2004 to the present, Mr. Kassam has
      been an independent technical and industrial design consultant.





Mr.
      Mehboob Charania was appointed as our Secretary and Chief Financial Officer,
      and
      a director, on August 30, 2005, and has acted as the secretary, treasurer and
      chief financial officer of Hybrid Technologies since November 15, 2002. Since
      June 2001, Mr. Charania has been the owner and operator of Infusion Bistro,
      a
      restaurant located in Calgary, Alberta. From 1998 to 2001, he acted as a manager
      at IBM's Calgary office.





Ms.
      Holly
      Roseberry acted as the President and Chief Executive Officer from August 30,
      2005 to June 4, 2008, and has been a director of Hybrid Technologies, our major
      stockholder, since 2002. From 2001 to 2003, she acted as manager for the Azra
      Shopping Center, Las Vegas, Nevada. She obtained a Bachelor of Arts degree
      from
      Sacred Heart University in Bridgeport, Connecticut in 1973. Ms. Roseberry was
      employed from 1993 to 1996 as human resources manager, and from 1997 to 1999
      as
      business office manager, of the Las Vegas location of Wards Department Store.





Term
      of
      Office





Our
      directors are appointed for a one-year term to hold office until the next annual
      meeting of our shareholders or until removed from office in accordance with
      our
      bylaws. Our officers are appointed by our board of directors and hold office
      until removed by the board.


30






Section
      16(A) Beneficial Ownership Reporting Compliance




Section
      16(a) of the Exchange Act requires the Company's executive officers and
      directors, and persons who beneficially own more than ten percent of the
      Company's equity securities, to file reports of ownership and changes in
      ownership with the Securities and Exchange Commission. Officers, directors
      and
      greater than ten percent shareholders are required by SEC regulation to furnish
      the Company with copies of all Section 16(a) forms they file. Based on its
      review of the copies of such forms received by it, the Company believes that
      during the fiscal year ended July 31, 2008 all such filing requirements
      applicable to its officers and directors were complied with.




**Item
      11. Executive Compensation.**




The
      following table sets forth information for the periods indicated concerning
      the
      aggregate compensation paid by the Company and its subsidiaries to certain
      of
      the Company’s executive officers.





SUMMARY
      COMPENSATION TABLE





The
      following table sets forth information for the periods indicated concerning
      the
      aggregate compensation paid by the Company and its subsidiaries to certain
      of
      the Company’s executive officers (the “Named Executives”).




Name
                  and
                Principal
                Position
                (a)
              
              Year
                (b)
              
              Salary
                ($)
                (c)
              
              Bonus
                ($)
                (d)
              
              Stock
                Awards
                ($)
                (e)
              
              Option
                Awards
                ($)
                (f)
              
              Non-Equity
                Incentive
                Plan
                  Compensation
                ($)
                (g)
              
              Change
                  in
                Pension
                Value
                  and
                Nonquali-
                fied
                  Deferred
                Compensation
                Earnings
                ($)
                (h)
              
              All
                Other
                Compen-
                Sation
                (i)
              
              Total
                ($)
                (j)Ayaz
                  Kassam, President and Chief Executive Officer from June 4,
                  2008
              
              
              2008
              
              
              -0-
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              -0-Holly
                  Roseberry, President and Chief Executive Officer from August 30,
                  2005 to
                  June 4, 2008
              
              
              2007
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              $
              12,000
              *
              $
              12,0002008
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              $
              11,000
              *
              $
              11,000




*  Ms.
      Roseberry received $11,000 of compensation in 2008 for directors and consulting
      fees relating to the change in the Company’s business with the sale of Zingo
      Telecom, Inc. and director’s fees of $12,000 in the twelve month period ended
      July 31, 2007.




31




We
      have
      not entered into any employment agreement or consulting agreement with our
      directors and executive officers.




There
      are
      no arrangements or plans in which we provide pension, retirement or similar
      benefits for directors or executive officers. Our directors and executive
      officers may receive stock options at the discretion of our board of directors
      in the future. We do not have any material bonus or profit sharing plans
      pursuant to which cash or non-cash compensation is or may be paid to our
      directors or executive officers, except that stock options may be granted at
      the
      discretion of our board of directors.




DIRECTOR
      COMPENSATION




We
      reimburse our directors for expenses incurred in connection with attending
      board
      meetings. We paid Holly Roseberry $11,000 of compensation in 2008 for directors
      and consulting fees relating to the change in the Company’s business with the
      sale of Zingo Telecom, Inc. and director's fees of $12,000 for services rendered
      as a director in the twelve month period ended July 31, 2007.




We
      have
      no formal plan for compensating our directors for their service in their
      capacity as directors. We may grant to our directors in the future options
      to
      purchase shares of common stock as determined by our board of directors or
      a
      compensation committee which may be established in the future. Directors are
      entitled to reimbursement for reasonable travel and other out-of-pocket expenses
      incurred in connection with attendance at meetings of our board of directors.
      Other than indicated in this report, no director received and/or accrued any
      compensation for his or her services as a director, including committee
      participation and/or special assignments.




**Item
      12. Security Ownership of Certain Beneficial Owners and Management and Related
      Stockholder Matters.**




The
      following table sets forth, as of September 12, 2008, certain information with
      respect to the beneficial ownership of our common stock by each stockholder
      known by us to be the beneficial owner of more than 5% of our common stock
      and
      by each of our current directors and executive officers. Each person has sole
      voting and investment power with respect to the shares of common stock, except
      as otherwise indicated. Beneficial ownership consists of a direct interest
      in
      the shares of common stock, except as otherwise indicated.




Name
                  and Address of Beneficial Owner
              
              Amount
                  and Nature of
                Beneficial
                  Ownership
              
              Percentage
                of
                  Class(1)Chen
                  Wu
                187
                  Edward Crescent
                Fort
                  Coquitlam, B.C. V7A 2E4
                Canada
              
              10,000,000
                  common shares
              
              8.69%Udaya
                  Madanayake
                1532
                  Manning Avenue
                Port
                  Coquitlam, B.C. V5Y 3JB
                Canada
              
              10,000,000
                  common shares
              
              8.69%Directors
                  and Executive Officers as a Group
              
              -0-
              
              -0-%Blue
                  Diamond Investments Inc.
                51A
                  Dean Street
                Belize
                  City, Belize
              
              80,000,000
                  common shares
              
              69.56%




(1)
      Based
      on 115,000,000 shares of common stock issued and outstanding as of September
      12,
      2008.




32




CHANGE
      IN
      CONTROL




Pursuant
      to a Stock Purchase Agreement dated April 15, 2008 (the “Stock Purchase
      Agreement”), with Blue Diamond Investments Inc. (the “Purchaser”), at a closing
      held on April 18, 2008, Hybrid Technologies, Inc., our former principal
      stockholder, sold the 80,000,000 shares of common stock of the Company held
      by
      us to Blue Diamond Investments, Inc. for $215,000. Pursuant to the Stock
      Purchase Agreement, Hybrid Technologies also assigned to Blue Diamond
      Investments all receivables or debt obligations of the Company owing to or
      held
      by Hybrid Technologies at March 31, 2008.




**Item
      13. Certain Relationships and Related Transactions, and Director
      Independence.**





The
      Company has received advances during 2008 from its chief executive and principal
      financial officer Ayaz Kassam. On April 15, 2008, in connection with the change
      in control of our company, Blue Diamond Investments, Inc. assumed our debt
      due
      Hybrid Technologies. At July 31, 2008 and July 31, 2007 the Company owed Hybrid
      $0 and $3,694,403, Blue Diamond $4,321,358 and $0, and Ayaz Kassam $137,410
      and
      $0, respectfully. During the year ended July 31, 2008 and seven months ended
      July 31, 2007 the Company had advances from related parties totaling $1,402,038
      and $1,321,278, respectively; and payments to related parties amounted to
      approximately $637,673 and $561,923, respectively.




**Item
      14.  Principal Accountant Fees and Services.**




(1)
      Audit
      Fees.




As
      of
      November 1, 2007, Mason Russell West, LLC merged with and changed their name
      to
      Haynie & Company. The aggregate fees billed by Haynie & Company and
      Mason Russell West, LLC for professional services rendered for the audit of
      our
      financial statements filed as part of our 2007 Form 10-KSB filing and for review
      of our interim financial statements filed as part of our first quarter Form
      10-QSB filing in 2008 are $24,000.




The
      aggregate fees billed by Wiener, Goodman & Company, P.C. for professional
      services rendered for the audit of our financial statement filed as part of
      our
      2008 Form 10-K filing and for review of our interim financial statements filed
      as part of our second and third quarter Form 10-Q filings for the fiscal year
      ended July 31, 2008 are $29,000.




(2)
      Audit-Related Fees.




There
      have been no audit-related fees billed by our accountants in each of the last
      two fiscal years of our Company.




(3)
      Tax
      Fees.




There
      have been no tax fees billed by our accountants in each of the last two fiscal
      years of our Company.


33




(4)
      All
      Other Fees.




There
      have been no other fees billed by our accountants in each of the last two fiscal
      years of our Company.




(5)
            It
                is the policy of our board of directors that before the accountant
                is
                engaged to render audit or non-audit services, the engagement is
                approved
                by the Board of Directors that is at present acting as the Audit
                Committee.




(6)
      Not
      applicable.




**Item
      15. Exhibits and Financial Statement Schedules.**





Exhibit No.
            
            Description3.1
            
            Articles
                of Incorporation of the Company. (Incorporated herein by reference
                to
                Exhibit 3.1 to the Company's Registration Statement on Form SB-2,
                filed
                with the Commission on May 7, 2003.)3.1a
            
            Articles
                of Merger, effective May 12, 2008, providing for the merger of
                Superlattice Power, Inc., a wholly-owned subsidiary of the Company
                into
                the Company, filed herewith.3.2
            
            By-Laws
                of the Company. (Incorporated herein by reference to Exhibit 3.2
                to the
                Company's Registration Statement on Form SB-2 filed with the Commission
                on
                May 7, 2003.)10.1
            
            Memorandum
                of Understanding among Chen (Jason) Wu, Udaya Madanayake and Tony
                Castro.
                (Incorporated herein by reference to Exhibit 10.1 to Amendment No.
                3 to
                the Company's Registration Statement on Form SB-2, filed with the
                Commission on March 29, 2004.)10.2
            
            Agreement
                between H&H Co., Ltd. and the Company, dated August 26, 2004.
                (Incorporated herein by reference to Exhibit 10.3 to the Company's
                Quarterly Report on Form 10-QSB, filed with the Commission on October
                22,
                2004.)10.3
            
            Agreement
                between Beijing CXSD Investment Co., Ltd. and the Company, dated
                April 30,
                2004. (Incorporated herein by reference to Exhibit 10.2 to the Company's
                Quarterly Report on Form 10-QSB, filed with the Commission on October
                22,
                2004.)10.4
            
            Agreement
                and Plan of Reorganization, dated as of August 18, 2005, among the
                Company, Whistlertel, Inc. and Hybrid Technologies, Inc. (Incorporated
                by
                reference to Exhibit 10.3 to the Company’s Current Report on Form 8-K,
                filed with the Commission on August 24, 2005.)10.5
            
            License
                Agreement, dated April 14, 2008, between the Company and Hybrid
                Technologies, Inc. (Incorporated by reference to Exhibit 10.5 to
                the
                Company’s Current Report on Form 8-K, filed with the Commission on April
                21, 2008.


34





10.6
            
            Stock
                Purchase Agreement, dated May 15, 2008, between the Companyand
                Heritage Asset Management Inc.(Incorporated by reference to Exhibit
                10.6
                to the Company’s Current Report on Form 8-K, filed with the Commission on
                May 21, 2008.)21
            
            Subsidiaries
                of Registrant, filed herewith.31
            
            Certification
                of Chief Executive Officer and PrincipalFinancial
                Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002,
                filed
                herewith.32
            
            Certification
                of Chief Executive Officer and Principal Financial Officer Pursuant
                to 18
                U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the
                Sarbanes-Oxley Act of 2002, filed
                herewith.




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.





SUPERLATTICE
                POWER, INC.By:
            /s/
                Ayaz KassamChief
                Executive Officer and Principal Financial OfficerDate:
                October 29, 2008





In
      accordance with the Securities 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.





By:
            /s/
                Ayaz KassamAyaz
                Kassam(President,
                Chief Executive Officer and Director)Date:
                October 29, 2008By:
            /s/
                Holly RoseberryHolly
                RoseberryDirectorDate:
                October 29, 2008By:
            /s/
                Mehboob CharaniaMehboob
                CharaniaSecretary,
                Treasurer and Director.Date:
                October 29, 2008




35





EXHIBIT
      INDEX


3.1a
              Articles
                  of Merger, effective May 12, 2008, providing for the merger of
                  Superlattice Power, Inc., a wholly-owned subsidiary of the Company
                  into
                  the Company, filed herewith.21
              Subsidiaries
                  of Registrant.31
              Certification
                  of Chief Executive Officer and Principal Financial Officer Pursuant
                  to
                  Section 302 of the Sarbanes- Oxley Act of 2002.32
              Certification
                  of Chief Executive Officer and Principal Financial Officer Pursuant
                  to 18
                  U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the
                  Sarbanes-Oxley Act of 2002.




36