----

| Intelligent Communication Enterprise Corporation                     |
|----------------------------------------------------------------------|
| (Exact name of registrant as specified in its charter)               |
|                                                                 |   |
| Pennsylvania                                                         | 25-1229323 |
| (State or other jurisdiction of                                      | (I.R.S. Employer |
| incorporation or organization)                                       | Identification No.) |
|                                                                 |   |
| 13 Spottiswoode Park Road                                            |   |
| Singapore                                                            | 088640 |
| (Address of principal executive offices)                             | (Zip Code) |
|                                                                 |
| +65 6324 0225                                                        |
| (Registrant’s telephone number, including area code)           |
|                                                                 |   |
| Securities registered pursuant to Section 12(b) of the Exchange Act: |
| Title of each class                                                  | Name of each exchange on which registered |
| n/a                                                                  | n/a |
| Securities registered pursuant to Section 12(g) of the Exchange Act: |
| Common Stock, Par Value $0.0001                                      |
| (Title of Class)                                                     |

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

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| Item       | Description                                                                                 | Page   |
|------------|---------------------------------------------------------------------------------------------|--------|
|       |                                                                                        |   |
|       | Special Note Regarding Forward-Looking Statements                                           | 1      |
|       |                                                                                        |   |
|       | Part I                                                                                      |   |
| Item 1     | Business                                                                                    | 2      |
| Item 1A    | Risk Factors                                                                                | 6      |
|       |                                                                                        |   |
|       | Part II                                                                                     |   |
| Item 7     | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 11     |
| Item 9A(T) | Controls and Procedures                                                                     | 13     |
|       |                                                                                        |   |
|       | Part III                                                                                    |   |
| Item 13    | Certain Relationships and Related Transactions, and Director Independence                   | 16     |
|       |                                                                                        |   |
|       | Part IV                                                                                     |   |
| Item 15    | Exhibits, Financial Statement Schedules                                                     | 18     |
|       | Signatures                                                                                  | 22     |

| ·   | clarify certain relationships in Part I, Item 1, under the subheading “Background”; |
|--------------------|-------------------------------------------------------------------------------------------------|

| ·   | provide additional disclosure in Part I, Item 1, under the subheading “Nature of Business”; |
|--------------------|---------------------------------------------------------------------------------------------------------|

| ·   | expand the discussion of two risk factors in Part I, Item 1A, under the captions: “Our independent registered public accountants have issued an audit opinion that includes a going concern uncertainty”; and “Our management has identified significant internal control deficiencies, which management and our independent registered public accountants believe constitute material weaknesses”; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | provide additional disclosure in Part II, Item 7, under the subheading “Plan of Operation”; |
|--------------------|---------------------------------------------------------------------------------------------------------|

| ·   | amend Part II, Item 9A(T), to reflect management’s conclusion that our disclosure controls and procedures were not effective as of December 31, 2009; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | provide more detailed disclosure in the first paragraph of Part III, Item 13, concerning the amounts owed to certain former directors, officers, and affiliated companies; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | attach Exhibit 23.01, which was inadvertently omitted from the original filing; and |
|--------------------|-------------------------------------------------------------------------------------|

| ·   | provide additional information concerning the geographical location of our customers and revenues in Note 13 to our financial statements. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------|

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----

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| ·   | credit card cloning; |
|--------------------|----------------------|

| ·   | credit card theft; |
|--------------------|--------------------|

| ·   | credit card not present (i.e., as in the case of e-shopping); and |
|--------------------|-------------------------------------------------------------------|

| ·   | identity theft. |
|--------------------|-----------------|

|   | (1) | messaging aggregator customers, who collect multimedia messages from their corporate and wholesale customers and send them to Radius for processing and onward termination on the mobile networks worldwide that Radius is connected to; and |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (2) | enterprise customers, who are companies and individuals with the need to keep in contact with their customers, members, or other such groups via SMS. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ·   | text messaging (SMS) |
|--------------------|----------------------|

| ·   | customer participation such as contests, voting, surveys, content downloads (e.g., ringtone, wallpaper, and so on) (premium SMS) |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------|

| ·   | accessing the wireless web on the mobile (WAP) |
|--------------------|------------------------------------------------|

| ·   | Multimedia Messaging Service (MMS) |
|--------------------|------------------------------------|

| ·   | strategic planning of enterprise customers’ mobile-marketing requirements |
|--------------------|---------------------------------------------------------------------------------|

| ·   | project coordination and implementation |
|--------------------|-----------------------------------------|

| ·   | billing |
|--------------------|---------|

----

| ·   | succeed in developing products that are equal to or superior to our products or that achieve greater market acceptance than our products; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | devote greater resources to developing, marketing, or selling their products; |
|--------------------|-------------------------------------------------------------------------------|

| ·   | respond more quickly to new or emerging technologies or technical advances and changes in customer requirements, which could render our technologies or products obsolete; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | introduce products that make the continued development of our current and future products uneconomical; |
|--------------------|---------------------------------------------------------------------------------------------------------|

| ·   | obtain patents that block or otherwise inhibit our ability to develop and commercialize our products; |
|--------------------|-------------------------------------------------------------------------------------------------------|

| ·   | withstand price competition more successfully than we can; |
|--------------------|------------------------------------------------------------|

| ·   | establish cooperative relationships among themselves or with third parties that enhance their ability to address the needs of our prospective customers; and |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | take advantage of acquisition or other opportunities more readily than we can. |
|--------------------|--------------------------------------------------------------------------------|

----

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| ·   | lack of independent directors on our audit committee; |
|--------------------|-------------------------------------------------------|

| ·   | insufficient segregation of duties in our finance and accounting function due to limited personnel; |
|--------------------|-----------------------------------------------------------------------------------------------------|

| ·   | insufficient corporate governance policies; and |
|--------------------|-------------------------------------------------|

| ·   | accounting for technical matters. |
|--------------------|-----------------------------------|

----

| ·   | direct competitors providing wireless identity verification solutions; and |
|--------------------|----------------------------------------------------------------------------|

| ·   | indirect competitors providing authorization or identity verification solutions for credit card use. |
|--------------------|------------------------------------------------------------------------------------------------------|

----

----

----

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|              |  Year Ended December 31, 2009 |                                                                                               |  Year Ended December 31, 2008 |
|-------------------|-----------------------------------------|----------------------------------------------------------------------------------------------------|-----------------------------------------|
| Revenue           |                                    |                                                                                               |                                    |   |   |
| Corporate and PIV | $                                  |                --  |                                    | $  |          2,500  |
| Mobile messaging  |                                    | 9,659,154                                                                                     |                                    |   | --  |
|              | $                                  |  9,659,154                                                                               |                                    | $  |          2,500  |
| Loss              |                                    |                                                                                               |                                    |   |   |
| Corporate and PIV | $                                  | (1,488,443)                                                                                        |                                    | $  | (2,835,748) |
| Mobile messaging  |                                    | (2,217,682)                                                                                        |                                    |   | --  |
|              | $                                  | (3,706,125)                                                                                        |                                    | $  | (2,835,748) |

|                                                                          | Year Ended                                                                                  |                                                                                        |                                |
|-------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|-------------------------------------|
|                                                                          | December 31                                                                                 |                                                                                        |   Long-lived  Assets |
|                                                                          | 2009                                                                                        | 2008                                                                                        |                                | 2009 | 2008 |
| Revenues                                                                      |                                                                                        |                                                                                        |                                |   |   |
|  Asia                                                                    |   3,998,890                                                                       |                - |                                |  2,821,993 |       8,521 |
| Europe                                                                        |   5,660,264                                                                       |        2,500                                             |                                |                - |              - |
| All other regions                                                             |                - |                - |                                |                - |               - |
|                                                                          |   9,659,154                                                                       |        2,500                                             |                                |  2,821,993 |       8,521 |
|                                                                          |                                                                                        |                                                                                        |                                |   |   |
| Revenues are attributed to geographical region based on location of customer. |

----

----

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| ·   | We plan to recruit one or more independent board members to join our board of directors in due course.  Such recruitment will include at least one person that qualifies as an audit committee financial expert to join as an independent board member and as an audit committee member. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | We plan to recruit additional employees within the accounting functions when resources permit. |
|--------------------|------------------------------------------------------------------------------------------------|

----

----

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| ExhibitNumber |   |  Title of Document                                                                                                                    |   |  Location                                                                                                            |
|---------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------|
|          |   |                                                                                                                                       |   |                                                                                                                      |
| Item 2        |   | Plan of Acquisition, ReorganizationArrangement, Liquidation, or Succession                                                                 |   |                                                                                                                      |
|          |   |                                                                                                                                       |   |                                                                                                                      |
| 2.01          |   | Stock Purchase Agreement between Mobiclear Inc. and Whitefields Capital Limited entered November 12, 2009                                  |   | Incorporated by reference from the Current Report on Form 8-K filed November 17, 2009                                     |
|          |   |                                                                                                                                       |   |                                                                                                                      |
| 2.02          |   | Stock Purchase Agreement between Intelligent Communication Enterprise Corporation and Whitefields Capital Limited entered January 20, 2010 |   | Incorporated by reference from the Current Report on Form 8-K filed January 22, 2010                                      |
|          |   |                                                                                                                                       |   |                                                                                                                      |
| Item 3        |   | Articles of Incorporation and Bylaws                                                                                                       |   |                                                                                                                      |
|          |   |                                                                                                                                       |   |                                                                                                                      |
| 3.14          |   | Amended and Restated Articles of Incorporation of BICO, Inc. as filed with the Secretary of State of the Commonwealth of Pennsylvania      |   | Incorporated by reference from the Current Report on Form 8-K filed November 12, 2004                                     |
|          |   |                                                                                                                                       |   |                                                                                                                      |
| 3.15          |   | Certificate of Designation of Series M Preferred Stock as filed with the Secretary of State of the Commonwealth of Pennsylvania            |   | Incorporated by reference from the Current Report on Form 8-K filed November 12, 2004                                     |
|          |   |                                                                                                                                       |   |                                                                                                                      |
| 3.17          |   | Joint Second Amended Plan of Reorganization dated August 3, 2004                                                                           |   | Incorporated by reference from the Current Report on Form 8-K filed November 12, 2004                                     |
|          |   |                                                                                                                                       |   |                                                                                                                      |
| 3.18          |   | Order Approving Joint Second Amended Plan of Reorganization dated October 14, 2004                                                         |   | Incorporated by reference from the Current Report on Form 8-K filed November 12, 2004                                     |
|          |   |                                                                                                                                       |   |                                                                                                                      |
| 3.19          |   | Amended and Restated Certificate of Designation for Series M Preferred                                                                     |   | Incorporated by reference from the Current Report on Form 8-K filed March 30, 2005                                        |
|          |   |                                                                                                                                       |   |                                                                                                                      |
| 3.20          |   | By-Laws of MobiClear Inc. as amended on October 13, 2006                                                                                   |   | Incorporated by reference from the Annual Report on Form 10-KSB for the year ended December 31, 2006, filed April 2, 2007 |
|          |   |                                                                                                                                       |   |                                                                                                                      |
| 3.21          |   | Amendment to Articles of Incorporation as filed with the Secretary of State of the Commonwealth of Pennsylvania                            |   | Incorporated by reference from the Current Report on Form 8-K filed December 4, 2006                                      |

----

| ExhibitNumber |   |  Title of Document                                                                                                        |   |  Location                                                                                                                    |
|---------------|--------|--------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------|
|          |   |                                                                                                                           |   |                                                                                                                              |
| 3.22          |   | Amendment to Articles of Incorporation as filed with Pennsylvania Department of State Corporate Bureau                         |   | Incorporated by reference from the Current Report on Form 8-K filed July 2, 2008                                             |
|          |   |                                                                                                                           |   |                                                                                                                              |
| 3.23          |   | Amendment to Articles of Incorporation as filed September 22, 2009, with the Pennsylvania Department of State Corporate Bureau |   | Incorporated by reference from the Quarterly Report on Form 10-Q for the Quarter Ended September 30, 2009, filed October 29, 2009 |
|          |   |                                                                                                                           |   |                                                                                                                              |
| 3.24          |   | Amendment to Articles of Incorporation as filed November 30, 2009, with the Pennsylvania Department of State Corporate Bureau  |   | Incorporated by reference from the Current Report on Form 8-K filed December 30, 2009                                             |
|          |   |                                                                                                                           |   |                                                                                                                              |
| Item 4        |   | Instruments Defining the Rights of Security Holders, Including Debentures                                                      |   |                                                                                                                              |
|          |   |                                                                                                                           |   |                                                                                                                              |
| 4.01          |   | Specimen stock certificate                                                                                                     |   | Incorporated by reference from the Quarterly Report on Form 10-Q for the quarter ended June 30, 2008, filed August 14, 2008       |
|          |   |                                                                                                                           |   |                                                                                                                              |
| Item 10       |   | Material Contracts                                                                                                             |   |                                                                                                                              |
|          |   |                                                                                                                           |   |                                                                                                                              |
| 10.5          |   | Employment Agreement with Lim Wong dated January 1, 2007                                                                       |   | Incorporated by reference from the Annual Report on Form 10-KSB for the year ended December 31, 2006, filed April 2, 2007         |
|          |   |                                                                                                                           |   |                                                                                                                              |
| 10.7          |   | Employment Agreement with Kenneth Telford dated March 16, 2008                                                                 |   | Incorporated by reference from the Current Report on Form 8-K on March 24, 2008                                              |
|          |   |                                                                                                                           |   |                                                                                                                              |
| 10.8          |   | Letter Agreement between the Company and Simoun Ung dated December 1, 2007                                                     |   | Incorporated by reference from the Annual Report on Form 10-KSB for the year ended December 31, 2007, filed April 15, 2008        |
|          |   |                                                                                                                           |   |                                                                                                                              |
| 10.9          |   | Amendment to Letter Agreement between the Company and Simoun Ung dated April 12, 2008                                     |   | Incorporated by reference from the Annual Report on Form 10-KSB for the year ended December 31, 2007, filed April 15, 2008        |
|          |   |                                                                                                                           |   |                                                                                                                              |
| 10.11         |   | Employment Agreement between Mobiclear Inc. and Stephen P. Cutler, effective as of April 30, 2008                              |   | Incorporated by reference from the Current Report on Form 8-K filed May 13, 2008                                             |
|          |   |                                                                                                                           |   |                                                                                                                              |
| 10.12         |   | Employment Agreement between Mobiclear Inc. and Edward C. Pooley, effective as of April 30, 2008                               |   | Incorporated by reference from the Current Report on Form 8-K filed May 13, 2008                                             |

----

| ExhibitNumber |   |  Title of Document                                                                                                                                                                           |   |  Location                                                                                                                     |
|---------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------------------------------------------|
|          |   |                                                                                                                                                                                              |   |                                                                                                                               |
|          |   |                                                                                                                                                                                              |   |                                                                                                                               |
| 10.13         |   | Asset Purchase and Sale Agreement made June 26, 2008, between Bastion Payment Systems Corporation and Mobiclear Inc.                                                                         |   | Incorporated by reference from the Quarterly Report on Form 10-Q for the quarter ended June 30, 2008, filed August 14, 2008        |
|          |   |                                                                                                                                                                                              |   |                                                                                                                               |
| 10.14         |   | Outsourcing Agreement between Bastion Payment Systems Corporation and Mobiclear Inc. dated August 8, 2008                                                                                         |   | Incorporated by reference from the Current Report on Form 8-K filed October 14, 2008                                               |
|          |   |                                                                                                                                                                                              |   |                                                                                                                               |
| 10.15         |   | Stock Purchase Agreement between Bastion Payment Systems Corporation and Mobiclear Inc. dated September 18, 2008                                                                                  |   | Incorporated by reference from the Current Report on Form 8-K filed October 14, 2008                                               |
|          |   |                                                                                                                                                                                              |   |                                                                                                                               |
| 10.16         |   | Employment Agreement between Mobiclear Inc. and Paul Pasion executed September 28, 2008, and effective as of September 1, 2008                                                                    |   | Incorporated by reference from the Current Report on Form 8-K filed October 14, 2008                                               |
|          |   |                                                                                                                                                                                              |   |                                                                                                                               |
| 10.17         |   | Convertible Promissory Note Due August 31, 2009, to Charter Finance Group, Ltd., in the amount of $50,000                                                                                         |   | Incorporated by reference from the Quarterly Report on Form 10-Q for the quarter ended September 30, 2008, filed November 14, 2008 |
|          |   |                                                                                                                                                                                              |   |                                                                                                                               |
| 10.18         |   | Convertible Promissory Note Due September 30, 2009, to Raleston Consultants, Inc., in the amount of $173,800                                                                                      |   | Incorporated by reference from the Quarterly Report on Form 10-Q for the quarter ended June 30, 2008, filed August 14, 2008        |
|          |   |                                                                                                                                                                                              |   |                                                                                                                               |
| 10.19         |   | Convertible Promissory Note Due September 30, 2009, to DBP Holdings, Ltd., in the amount of $77,702                                                                                               |   | Incorporated by reference from the Quarterly Report on Form 10-Q for the quarter ended June 30, 2008, filed August 14, 2008        |
|          |   |                                                                                                                                                                                              |   |                                                                                                                               |
| 10.20         |   | Form of Warrant to Purchase 500,000 Shares of Common Stock, par value $0.0001 (Charter Finance Group, Ltd., Raleston Consultants, Inc., and DBP Holdings, Limited, warrant holders) with schedule |   | Incorporated by reference from the Quarterly Report on Form 10-Q for the quarter ended June 30, 2008, filed August 14, 2008        |
|          |   |                                                                                                                                                                                              |   |                                                                                                                               |
| 10.21         |   | Memorandum of Agreement for Strategic Investment in Mobiclear, effective as of February 16, 2009                                                                                             |   | Incorporated by reference from the Current Report on Form 8-K filed February 23, 2009                                              |
|          |   |                                                                                                                                                                                              |   |                                                                                                                               |
| 10.22         |   | Convertible Promissory Note dated September 1, 2009                                                                                                                                          |   | Incorporated by reference from the Current Report on Form 8-K filed September 8, 2009                                              |

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| ExhibitNumber |   |  Title of Document                                                                                                                           |   |  Location                                                                                                           |
|---------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------|
|          |   |                                                                                                                                              |   |                                                                                                                     |
|          |   |                                                                                                                                              |   |                                                                                                                     |
| 10.23         |   | Employment Agreement between Mobiclear Inc. and Luther Jao dated September 14, 2009                                                               |   | Incorporated by reference from the Current Report on Form 8-K filed September 18, 2009                                   |
|          |   |                                                                                                                                              |   |                                                                                                                     |
| 10.24         |   | Convertible Promissory Note dated November 12, 2009                                                                                          |   | Incorporated by reference from the Current Report on Form 8-K filed November 17, 2009                                    |
|          |   |                                                                                                                                              |   |                                                                                                                     |
| Item 14       |   | Code of Ethics                                                                                                                                    |   |                                                                                                                     |
|          |   |                                                                                                                                              |   |                                                                                                                     |
| 14.01         |   | Policy Statement on Business Ethics and Conflicts of Interest                                                                                     |   | Incorporated by reference from the Annual Report on Form 10-KSB for the year ended December 31, 2004, filed May 23, 2005 |
|          |   |                                                                                                                                              |   |                                                                                                                     |
| Item 21       |   | Subsidiaries of the Registrant                                                                                                                    |   |                                                                                                                     |
|          |   |                                                                                                                                              |   |                                                                                                                     |
| 21.01         |   | Schedule of Subsidiaries                                                                                                                          |   | Incorporated by reference from the Annual Report on Form 10-K for the year ended December 31, 2009, filed April 15, 2010 |
| Item 23       |   | Consents of Experts and Counsel                                                                                                                   |   |                                                                                                                     |
|          |   |                                                                                                                                              |   |                                                                                                                     |
| 23.01         |   | Consent of Peterson Sullivan LLP, independent registered public accounting firm                                                                   |   | This filing.                                                                                                             |
|          |   |                                                                                                                                              |   |                                                                                                                     |
| Item 31.      |   | Rule 13a-14(a)/15d-14(a) Certifications                                                                                                           |   |                                                                                                                     |
|          |   |                                                                                                                                              |   |                                                                                                                     |
| 31.01         |   | Certification of Principal Executive Officer Pursuant to Rule 13a-14                                                                              |   | This filing                                                                                                              |
|          |   |                                                                                                                                              |   |                                                                                                                     |
| 31.02         |   | Certification of Principal Financial Officer Pursuant to Rule 13a-14                                                                              |   | This filing                                                                                                              |
|          |   |                                                                                                                                              |   |                                                                                                                     |
| Item 32.      |   | Section 1350 Certifications                                                                                                                       |   |                                                                                                                     |
|          |   |                                                                                                                                              |   |                                                                                                                     |
| 32.01         |   | Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 |   | This filing                                                                                                              |
|          |   |                                                                                                                                              |   |                                                                                                                     |
| 32.02         |   | Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 |   | This filing                                                                                                              |

| * | The number preceding the decimal indicates the applicable SEC reference number in Item 601, and the number following the decimal indicating the sequence of the particular document.  Omitted numbers in the sequence refer to documents previously filed with the SEC as exhibits to previous filings, but no longer required. |
|---|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|                                   | INTELLIGENT COMMUNICATION ENTERPRISE CORPORATION |
|----------------------------------------|--------------------------------------------------|
|                                   |                                             |   |
|                                   |                                             |   |
| Date:  December 9, 2010 | By:                                              | /s/ Luther L. Jao |
|                                   |                                             | Luther L. Jao |
|                                   |                                             | President and Principal Executive Officer |
|                                   |                                             |   |
|                                   |                                             |   |
| Date:  December 9, 2010 | By:                                              | /s/ Sarocha Hatthasakul |
|                                   |                                             | Sarocha Hatthasakul |
|                                   |                                             | Principal Financial Officer |

----

----

| INTELLIGENT COMMUNICATION ENTERPRISE CORPORATION                                            |                                                      |                                                    |
|---------------------------------------------------------------------------------------------|-----------------------------------------------------------|---------------------------------------------------------|
| (formerly Mobiclear Inc.)                                                                   |                                                      |                                                    |   |   |
|                                                                                        |                                                      |                                                    |   |   |   |
| Consolidated Balance Sheets                                                                 |                                                      |                                                    |   |   |
| December 31, 2009 and 2008                                                                  |                                                      |                                                    |   |   |
|                                                                                        |                                                      |                                                    |   |   |   |
|                                                                                        |                                                      |                                                    | 2009 |   | 2008 |
| Assets                                                                                      |                                                      |                                                    |   |   |   |
|                                                                                        |                                                      |                                                    |   |   |   |
| Current assets:                                                                             |                                                      |                                                    |   |   |
|                                                                                        | Cash                                                      | $                                                       |        620,412  | $ |         14,138  |
|                                                                                        | Restricted cash                                           |                                                    |        152,392  |   |                  -  |
|                                                                                        | Accounts receivable, net                                  |                                                    |     1,782,553  |   |           3,474  |
|                                                                                        | Prepaid expenses and deposits                             |                                                    |        198,161  |   |           3,110  |
|                                                                                        | Income taxes receivable                                   |                                                    |         14,108  |   |                  -  |
|                                                                                        | Total current assets                                      |                                                    |     2,767,626  |   |         20,722  |
|                                                                                        |                                                      |                                                    |   |   |   |
| Property and equipment, net                                                                 |                                                      |        784,702  |   |           8,521  |
| Intangible assets, net                                                                      |                                                      |     2,037,291                  |   |                  -  |
|                                                                                        |                                                      |                                                    |   |   |   |
| Total assets                                                                                | $                                                         |     5,589,619                  | $ |         29,243  |
|                                                                                        |                                                      |                                                    |   |   |   |
| Liabilities and Stockholders' Deficiency                                                    |                                                      |                                                    |   |   |
|                                                                                        |                                                      |                                                    |   |   |   |
| Current liabilities:                                                                        |                                                      |                                                    |   |   |
|                                                                                        | Accounts payable                                          | $                                                       |     2,296,860  | $ |        382,572  |
|                                                                                        | Accrued expenses                                          |                                                    |     1,166,916  |   |         28,708  |
|                                                                                        | Accrued compensation                                      |                                                    |           6,996  |   |        440,150  |
|                                                                                        | Customer deposits and deferred revenue                    |                                                    |        459,386  |   |                  -  |
|                                                                                        | Amounts due to stockholder                                |                                                    |        515,061  |   |                  -  |
|                                                                                        | Promissory note                                           |                                                    |         17,352  |   |                  -  |
|                                                                                        | Convertible notes payable, net of discounts               |                                                    |     1,787,454  |   |        265,108  |
|                                                                                        | Equity line of credit, net of debt discount               |                                                    |                  -  |   |        310,294  |
|                                                                                        | Total current liabilities                                 |                                                    |     6,250,025  |   |     1,426,832  |
|                                                                                        |                                                      |                                                    |   |   |   |
| Stockholders' Deficiency                                                                    |                                                      |                                                    |   |   |
|        Preferred stock:                                  |                                                      |                                                    |   |   |
|                                                                                        | $0.0001 par value, authorized 150,000,000                 |                                                    |   |   |   |
|                                                                                        | issued and outstanding  nil shares (2008 - nil) |                                                    |                  -  |   |                  -  |
|        Common stock:                                     |                                                      |                                                    |   |   |
|                                                                                        | $0.0001 par value, authorized 250,000,000,000 shares      |                                                    |   |   |   |
|                                                                                        | issued and outstanding 62,381,118 shares (2008 - 338,139) |                                                    |           6,239  |   |                33  |
|        Additional paid in capital                        |                                                      |   15,353,102                             |   |   10,826,627  |
|        Deficit                                           |                                                      | (15,955,706)                                            |   |  (12,249,581) |
|        Accumulated other comprehensive gain (loss)  |                                                      |        (64,041)      |   |         25,332  |
|                                                                                        | Total stockholders' deficiency                            |                                                    |       (660,406) |   |    (1,397,589) |
| Total liabilities and stockholders' deficiency                                              | $                                                         |     5,589,619                  | $ |         29,243  |
|                                                                                        |                                                      |                                                    |   |   |   |
| See accompanying notes to consolidated financial statements.                                |                                                      |                                                    |   |   |

----

| INTELLIGENT COMMUNICATION ENTERPRISE CORPORATION             |
|--------------------------------------------------------------|
| (formerly Mobiclear Inc.)                                    |   |   |   |   |
|                                                         |   |   |   |   |   |
| Consolidated Statements of Operations                        |   |   |   |   |
| For the years ended December 31, 2009 and 2008               |   |   |   |   |
|                                                         |   |   |   |   |   |
|                                                         |   |   | 2009 |   | 2008 |
|                                                         |   |   |   |   |   |
| Revenue                                                      | $ |   9,659,154  | $ |         2,500  |
|                                                         |   |   |   |   |   |
| Cost of revenue                                              |   |   7,776,285  |   |                -  |
| Gross margin                                                 |   |   1,882,869  |   |         2,500  |
|                                                         |   |   |   |   |   |
| Expenses:                                                    |   |   |   |   |
|                                                         | General and administrative |   |   5,295,488  |   |   2,445,491  |
|                                                         | Research and development |   |       37,707  |   |     131,121  |
|                                                         |   |   |   5,333,195  |   |   2,576,612  |
| Other income and expense:                                    |   |   |   |   |
|                                                         | Interest expense |   |      (65,905) |   |    (297,604) |
|                                                         | Interest expense - related parties |   |     (199,345) |   |      (55,302) |
|                                                         | Gain on settlement of debt |   |                -  |   |     104,885  |
|                                                         | Interest income |   |         9,451  |   |            160  |
|                                                         |   |   |     (255,799) |   |    (247,861) |
| Loss from operations                                         |   |  (3,706,125) |   |  (2,821,973) |
|                                                         |   |   |   |   |   |
| Equity in loss of affiliate                                  |   |                -  |   |      (13,775) |
|                                                         |   |   |   |   |   |
| Net loss for the period                                      | $ |  (3,706,125) | $ |  (2,835,748) |
|                                                         |   |   |   |   |   |
|                                                         |   |   |   |   |   |
| Loss per share - basic and diluted                           | $ |          (0.63) | $ |        (44.65) |
|                                                         |   |   |   |   |   |
|                                                         |   |   |   |   |   |
| Weighted average number of shares outstanding                |   |   5,866,815  |   |       63,507  |
|                                                         |   |   |   |   |   |
|                                                         |   |   |   |   |   |
| See accompanying notes to consolidated financial statements. |   |   |
|                                                         |   |   |   |   |   |

----

| INTELLIGENT COMMUNICATION ENTERPRISE CORPORATION                          |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |
|---------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------|--------|
| (formerly Mobiclear Inc.)                                                 |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Consolidated Statement of Stockholders' Deficiency and Comprehensive Loss |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |
| For the years ended December 31, 2009 and 2008                            |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
|                                                                      | Common Stock Number of Shares                                                               |   | Amount                                                                                      |   | Additional Paid-in Capital                                                             |   | Deficit                                                                                                                   |   | Accumulated Other Comprehensive Gain (Loss) |   | Total Stockholders' Deficiency |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Balance December 31, 2007                                                 |        11,076                                            | $      |         1                                           | $      |   7,464,077                                                             | $      |   (9,413,833)                                                                                                   | $      |            (47,784) | $ |  (1,997,539) |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Net loss                                                                  |               -       |   |        -                                                 |   |        -                                       |   |    (2,835,748)                                                                                             |   |                       -  |   |  (2,835,748) |
|   Foreign currency translations                                 |                - |   |            -                         |   |           -                     |   |                   -        |   |             73,116 |   |      73,116  |
|   Comprehensive loss                                            |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |  (2,762,632) |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Conversion of equity line of credit received in 2007                      |         5,367                                       |   |         -                                           |   |       601,474                                       |   |                   -        |   |                       -  |   |     601,474  |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Conversion of equity lines of credit received during 2008                 |     274,157                                                             |   |        28                                                |   |      811,124                                             |   |                    -  |   |                       -  |   |     811,152  |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Common stock issued for settlement of debt                                |          6,351                                 |   |               1       |   |       657,457                                       |   |                    -  |   |                       -  |   |     657,458  |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Common stock issued for services                                          |         2,796                                       |   |       -                                                       |   |        77,418                                  |   |                    -  |   |                       -  |   |     77,418  |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Common stock issued to related parties for services                       |           521                             |   |         -                                           |   |         5,419                             |   |                    -  |   |                       -  |   |      5,419  |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Common stock issued to related parties                                    |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
|   for settlement of debt                                        |          4,031                                 |   |                - |   |         244,718                           |   |                    -  |   |                       -  |   |    244,718  |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Common stock issued to related party                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
|   for settlement of accrued compensation                   |              90            |   |               -       |   |        63,287                                  |   |                    -  |   |                       -  |   |      63,287  |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Common stock issued to related party                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
|   for acquisition of software products                          |       25,000                                                  |   |     3                                                                   |   |     624,997                                                   |   |                    -  |   |                       -  |   |      625,000  |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Common stock issued to related party for shares                           |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
|   of subsidiary                                                 |         6,250                                       |   |          -                                     |   |     37,500                                                    |   |                    -  |   |                       -  |   |      37,500  |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Common stock issued on exercise of warrants                               |       2,500                                                   |   |             -                   |   |      4,325                                               |   |                  -              |   |                       -  |   |       4,325  |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Options issued to related party for services                              |              -             |   |          -                                     |   |      49,304                                              |   |                 -                    |   |                       -  |   |      49,304  |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Warrants issued to related parties for change of                          |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
|   debt to convertible notes payable                             |           -                               |   |       -                                                       |   |     42,201                                                    |   |                    -  |   |                       -  |   |      42,201  |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Beneficial conversion feature of convertible notes payable                |          -                                     |   |           -                               |   |     143,326                                                   |   |                    -  |   |                       -  |   |    143,326 |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Balance December 31, 2008                                                 |    338,139                                                                   | $      |         33                                          | $      |   10,826,627                                                            | $      |  (12,249,581)                                                                                                        | $      |             25,332  | $ |   (1,397,589) |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Net loss                                                                  |          -                                     |   |             -                   |   |         -                                 |   |    (3,706,125)                                                                                             |   |                       -  |   |   (3,706,125) |
| Foreign currency translations                                             |          -                                     |   |            -                         |   |          -                           |   |                    -  |   |            (89,373) |   |     (89,373) |
| Comprehensive loss                                                        |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   (3,795,498) |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Adjust for shares issued on 2008 reverse split                            |      192                                                           |   |  -                                                                                     |   |  -                                                                           |   |                    -  |   |                       -   |   |               -  |
| Adjust for shares issued on 2009 reverse split                            |     20,605                                                              |   |           2                               |   |      (2)                                                      |   |                    -  |   |                       -   |   |              -  |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Conversion of equity lines of credit                                      |  1,047,459                                                                             |   |      105                                                           |   |    417,544                                                         |   |                   -        |   |                       -   |   |    417,649  |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Common stock issued for services                                          |     498,000                                                             |   |         50                                          |   |        212,950                                 |   |                    -  |   |                       -   |   |    213,000  |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Common stock issued for settlement of debt                                |    3,125,060                                                                 |   |       313                                                     |   |         941,571                           |   |                    -  |   |                       -   |   |     941,884  |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
|  Common stock issued for conversion of convertible                   |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| notes payable                                                             |    3,093,576                                                                 |   |         309                                         |   |         408,035                           |   |                 -                    |   |                       -   |   |    408,344  |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Common stock issued for acquisition of subsidiary                         |   54,255,318                                                                      |   |     5,426                                                               |   |     2,403,408                                                 |   |                  -              |   |                       -   |   |   2,408,834  |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Common stock issued for exercise of options                               |       2,769                                                   |   |        1                                                 |   |              31  |   |              -                                      |   |                       -   |   |            32  |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Options issued to related party for services                              |            -                         |   |            -                         |   |         92,213                            |   |            -                                                  |   |                       -   |   |     92,213  |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Beneficial conversion feature of convertible notes payable                |              -             |   |           -                               |   |          50,725                      |   |            -                                                  |   |                       -   |   |      50,725  |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| Balance December 31, 2009                                                 |  62,381,118                                                                            | $      |      6,239                                                         | $      |  15,353,102                                                                  | $      | (15,955,706)                                                                                                              | $      |            (64,041) | $ |      (660,406) |
|                                                                      |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |   |
| See accompanying notes to consolidated financial statements.              |                                                                                        |   |                                                                                        |   |                                                                                   |   |                                                                                                                      |   |   |   |

----

| INTELLIGENT COMMUNICATION ENTERPRISE CORPORATION             |                                                                              |                                                                     |
|--------------------------------------------------------------|-----------------------------------------------------------------------------------|--------------------------------------------------------------------------|
| (formerly Mobiclear Inc.)                                    |                                                                              |                                                                     |   |   |
|                                                         |                                                                              |                                                                     |   |   |   |   |
| Consolidated Statements of Cash Flows                        |                                                                              |                                                                     |   |   |
| For the years ended December 31, 2009 and 2008               |                                                                              |                                                                     |   |   |
|                                                         |                                                                              |                                                                     |   | 2009 |   | 2008 |
| Cash provided by (used in):                                  |                                                                              |                                                                     |   |   |
|                                                         |                                                                              |                                                                     |   |   |   |   |
| Operating activities:                                        |                                                                              |                                                                     |   |   |
|                                                         | Net loss for the period                                                           | $                                                                        |     (3,706,125) | $ |     (2,835,748) |
|                                                         | Adjustment to reconcile net loss for the period to                                |                                                                     |   |   |   |
|                                                         | net cash used in operating activities:                                            |                                                                     |   |   |   |
|                                                         |                                                                              | Depreciation of property and equipment                                   |   |         543,950  |   |             3,819  |
|                                                         |                                                                              | Amortization of intangible assets                                        |   |         986,902  |   |                    -  |
|                                                         |                                                                              | Equity line of credit discount                                           |   |     24,706  |   |         289,586  |
|                                                         |                                                                              | Gain on settlement of debt                                               |   |                    -  |   |        (104,885) |
|                                                         |                                                                              | Impairment loss on trademark                                             |   |                    -  |   |           20,066  |
|                                                         |                                                                              | Commissions paid on equity line of credit                                |   |           60,000  |   |           67,000  |
|                                                         |                                                                              | Issue of shares for software products                                    |   |                    -  |   |         625,000  |
|                                                         |                                                                              | Equity in loss of affiliate                                              |   |                    -  |   |           13,775  |
|                                                         |                                                                              | Common Stock issued for services                                         |   |         213,000  |   |           77,418  |
|                                                         |                                                                              | Common Stock issued to related parties for services                      |   |                    -  |   |             5,419  |
|                                                         |                                                                              | Options issued to related parties for services                           |   |           92,213  |   |           49,304  |
|                                                         |                                                                              | Amortization of debt discounts and beneficial conversion                 |   |   |   |   |
|                                                         |                                                                              | of convertible loans                                                     |   |         185,794  |   |           50,458  |
|                                                         |                                                                              | Changes in assets and liabilities                                        |   |   |   |   |
|                                                         |                                                                              |    Accounts receivable                                    |   |        (587,410) |   |           32,610  |
|                                                         |                                                                              |    Prepaid expenses and deposits                          |   |           46,306  |   |             4,521  |
|                                                         |                                                                              |    Accounts payable                                       |   |         780,149  |   |         259,947  |
|                                                         |                                                                              |    Accrued expenses                                       |   |         106,185  |   |          (11,603) |
|                                                         |                                                                              |    Customer deposits and revenue in advance               |   |         305,164  |   |                    -  |
|                                                         |                                                                              |    Accrued compensation                                   |   |         159,636  |   |         442,926  |
|                                                         | Net cash used in operating activities                                             |                                                                     |        (789,530) |   |     (1,010,387) |
|                                                         |                                                                              |                                                                     |   |   |   |   |
| Investing activities:                                        |                                                                              |                                                                     |   |   |
|                                                         | Purchase of property and equipment                                                |                                                                     |          (47,105) |   |              (254) |
|                                                         | Cash component upon acquisition                                                   |                                                                     | 677,250  |   | 27  |
|                                                         | Increase in restricted cash          |                                                                     |         (152,392) |   |                 -   |
|                                                         | Net cash provided by (used in) investing activities                               |                                                                     |         477,753  |   |              (227) |
|                                                         |                                                                              |                                                                     |   |   |   |   |
| Financing activities:                                        |                                                                              |                                                                     |   |   |
|                                                         | Proceeds from exercise of options                                                 |                                                                     |                 32  |   |                    -  |
|                                                         | Proceeds from equity lines of credit, net of commissions                          |                                                                     |           80,000  |   |         933,000  |
|                                                         | Repayment of equity line of credit                                                |                                                                     |          (40,000) |   |                    -  |
|                                                         | Advance from subsidiary pre-acquisition                                           |                                                                     |                    -  |   |           76,068  |
|                                                         | Proceeds of convertible notes                                                     |                                                                     |                    -  |   |           50,000  |
|                                                         | Proceeds from advance from director                                               |                                                                     |           26,260  |   |                    -  |
|                                                         | Proceeds from advance from directors of subsidiary                                |                                                                     |   |   |   |
|                                                         |                                                                              | prior to acquistion                                                      |   |         460,532  |   |                    -   |
|                                                         | Proceeds from advance from affiliated company                                     |                                                                     |         412,736  |   |                    -  |
|                                                         | Net cash provided by financing activities                                         |                                                                     |         939,560  |   |      1,059,068  |
|                                                         |                                                                              |                                                                     |   |   |   |   |
| Increase in cash during the period                           |                                                                              |         627,783             |   |           48,454  |
| Foreign exchange effect on cash                              |                                                                              |          (21,509)           |   |          (60,419) |
|                                                         |                                                                              |                                                                     |   |   |   |   |
| Cash at beginning of the period                              |                                                                              |           14,138  |   |           26,103  |
|                                                         |                                                                              |                                                                     |   |   |   |   |
| Cash at end of the period                                    | $                                                                                 |         620,412             | $ |           14,138  |
|                                                         |                                                                              |                                                                     |   |   |   |   |
| See accompanying notes to consolidated financial statements. |                                                                              |                                                                     |

----

| INTELLIGENT COMMUNICATION ENTERPRISE CORPORATION             |                   |                                                                                                        |                                                                                        |                                                                                        |   |
|--------------------------------------------------------------|------------------------|-------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|--------|
| (formerly Mobiclear Inc.)                                    |                   |                                                                                                        |                                                                                        |                                                                                        |   |
|                                                         |                   |                                                                                                        |                                                                                        |                                                                                        |   |   |   |
| Consolidated Statements of Cash Flows (continued)            |                   |                                                                                                        |                                                                                        |                                                                                        |   |
| For the years ended December 31, 2009 and 2008               |                   |                                                                                                        |                                                                                        |                                                                                        |   |
|                                                         |                   |                                                                                                        |                                                                                        |                                                                                        |   |   |   |
| Supplementary Information:                                   |                   |                                                                                                        |                                                                                        |                                                                                        |   |
|                                                         |                   |                                                                                                        |                                                                                        |                                                                                        |   |   |   |
|                                                         |                   |                                                                                                        |                                                                                        | 2009                                                                                        |   |   | 2008 |
|                                                         |                   |                                                                                                        |                                                                                        |                                                                                        |   |   |   |
|                                                         | Interest paid          | $                                                                                                           |              98            |                                                                                        | $      |                 - |
|                                                         | Income taxes paid      |                                                                                                        |                - |                                                                                        |   |                 - |
|                                                         |                   |                                                                                                        |                                                                                        |                                                                                        |   |   |   |
|                                                         | Non-cash transactions: |                                                                                                        |                                                                                        |                                                                                        |   |   |
|                                                         |                   | Convertible notes payable issued for settlement                                                             |                                                                                        |                                                                                        |   |   |   |
|                                                         |                   |    of accounts payable                                                                       |                                                                                        |                - |   |   |      354,502 |
|                                                         |                   | Convertible note payable issued for settlement                                                              |                                                                                        |                                                                                        |   |   |   |
|                                                         |                   |    of accounts payable, accrued expenses, advances to related parties                        |                                                                                        |      829,187                                                       |   |   |                 - |
|                                                         |                   | Promissory note payable issued for settlement of equity line of credit                                      |                                                                                        |       17,352                                                  |   |   |                 - |
|                                                         |                   | Warrants issued with convertible notes payable                                                              |                                                                                        |                - |   |   |        42,201 |
|                                                         |                   | Beneficial conversion feature issued with                                                                   |                                                                                        |                                                                                        |   |   |   |
|                                                         |                   |    convertible notes payable                                                                 |                                                                                        |       50,725                                                  |   |   |      143,326 |
|                                                         |                   | Common stock issued for settlement of                                                                       |                                                                                        |                                                                                        |   |   |   |
|                                                         |                   |    accounts payable and accrued expenses                                                     |                                                                                        |      112,697                                                       |   |   |      657,458 |
|                                                         |                   | Common stock issued to related parties for                                                                  |                                                                                        |                                                                                        |   |   |   |
|                                                         |                   |    settlement of debt                                                                        |                                                                                        |                - |   |   |      244,718 |
|                                                         |                   | Common stock converted for settlement of                                                                    |                                                                                        |                                                                                        |   |   |   |
|                                                         |                   |    equity lines of credit                                                                    |                                                                                        |      417,649                                                       |   |   |   1,412,626 |
|                                                         |                   | Common stock issued to related party                                                                        |                                                                                        |                                                                                        |   |   |   |
|                                                         |                   |    for settlement of accrued compensation                                                    |                                                                                        |                - |   |   |        63,287 |
|                                                         |                   | Common stock issued for acquisition of subsidiary                                                           |                                                                                        |   2,408,834                                                                       |   |   |        37,500 |
|                                                         |                   | Common stock issued for exercise of warrant                                                                 |                                                                                        |                                                                                        |   |   |   |
|                                                         |                   |    paid by reduction of convertible note                                                     |                                                                                        |                - |   |   |          4,325 |
|                                                         |                   |                                                                                                        |                                                                                        |                                                                                        |   |   |   |
|                                                         |                   | Acquisition of Mobiclear, Inc. (Philippines)                                                                |                                                                                        |                                                                                        |   |   |   |
|                                                         |                   |              Fair value of assets acquired |                                                                                        |                - |   |   |      103,986 |
|                                                         |                   |              Liabilities assumed           |                                                                                        |                - |   |   |      (62,801) |
|                                                         |                   |                                                                                                        |                                                                                        |                                                                                        |   |   |        41,185 |
|                                                         |                   |                                                                                                        |                                                                                        |                                                                                        |   |   |   |
| See accompanying notes to consolidated financial statements. |

----

----

----

----

----

----

----

| Assets                                |          |                |
|---------------------------------------|---------------|---------------------|
| Cash                                  | $   |   618,371 |
| Accounts receivable                   |          | 957,720             |
| Income taxes receivable               |          | 15,762              |
| Prepaid expenses                      |          | 221,706             |
| Due from related parties              |          | 1,722               |
| Property and equipment                |          | 929,742             |
| Intangible assets                     |          | 3,050,671           |
| Total assets                          |          | 5,795,695           |
|                                  |          |                |
| Liabilities                           |          |                |
| Accounts payable and accrued expenses |          | 2,228,722           |
| Customer deposits and advance revenue |          | 165,619             |
| Due to related party                  |          | 246,298             |
| Total liabilities                     |          | 2,640,640           |
| Net assets acquired                   | $   | 3,155,056           |
|                                  |          |                |

----

|                                     |  Intelligent Communication Enterprise  Actual 1/1/2009 to 12/31/2009 |            |  Radius-ED Actual 1/1/2009 to 12/31/2009 |          |  Combined                |
|------------------------------------------|-------------------------------------------------------------------------------------|-----------------|-----------------------------------------------|---------------|-------------------------------|
|                                     | $                                                                                   |            |                                          | $        | 9,659,154                     |   | $  | 9,659,154 |
| Cost of revenue                          |                                                                                |            |                                          |          | 7,776,285                |   |   | 7,776,285  |
|                                     |                                                                                |            |                                          |          | 1,882,869                |   |   | 1,882,869  |
| Expenses                                 |                                                                                |            |                                          |          |                          |   |   |   |
| General and administrative               |                                                                                | 1,185,492  |                                          |          | 4,109,996                |   |   | 5,295,488  |
| Research and development                 |                                                                                | 37,707     |                                          |          |                          |   |   | 37,707  |
|                                     |                                                                                | 1,223,199  |                                          |          | 4,109,996                |   |   | 5,333,195  |
|                                     |                                                                                |            |                                          |          |                          |   |   |   |
| Other income and expense                 |                                                                                |            |                                          |          |                          |   |   |   |
| Interest expense                         |                                                                                | (65,905)        |                                          |          |                          |   |   | (65,905) |
| Interest expense – related parties |                                                                                | (199,345)       |                                          |          |                          |   |   | (199,345) |
| Interest income                          |                                                                                | 6          |                                          |          | 9,445                    |   |   | 9,451  |
|                                     |                                                                                | (265,244)       |                                          |          | 9,445                    |   |   | (255,799) |
|                                     |                                                                                |            |                                          |          |                          |   |   |   |
| Net income (loss) for the period         | $                                                                         | (1,488,443)     |                                          | $   |    (2,217,682) |   | $   | (3,706,125) |

|                                     | Intelligent Communication Enterprise Actual 1/1/2008 to 12/31/2008 |   | Radius-ED Actual 1/1/2008 to 12/31/2008 |   | Pro Forma    |
|------------------------------------------|--------------------------------------------------------------------|--------|-----------------------------------------|--------|--------------|
| Revenue                                  | $2,500                                                             |   | $7,449,695                              |   | $7,452,195   |
| Net income (loss) for the period         | $(2,835,748)                                                       |   | $(962,116)                              |   | $(3,797,864) |
| Loss per share – basic and diluted | $(44.65)                                                           |   |                                    |   | $(59.80)     |

|                                       |  2009 |                      |  2008 |
|--------------------------------------------|------------|---------------------------|------------|
| Furniture, computer equipment and software | $     | 2,509,238            |       | $  | 13,163  |
| Leasehold Improvements                     |       | 48,736               |       |   |   |
| Vehicle                                    |       | 54,094               |       |   |   |
|                                       |       | 2,612,068            |       |   | 13,163  |
| Less accumulated depreciation              |       | (1,827,366)               |       |   | (4,642) |
|                                       |       |                      |       |   |   |
| Property and equipment, net                | $     |   784,702  |       | $  |  8,521  |

----

|                          |  2009 |              |  2008 |
|-------------------------------|------------|-------------------|------------|
|                          |       |              |       |   |   |
| Customer relationships        | $     | 1,271,113    |       | $  |     - |
| Supplier contracts            |       | 1,779,558    |       |   | - |
|                          |       | 3,050,671    |       |   | - |
| Less accumulated depreciation |       | (1,013,380)       |       |   | - |
|                          |       |              |       |   |   |
|                          | $     | $ 2,037,291  |       | $  |     - |

----

| ·   | term of 12 months from date of issue; |
|--------------------|---------------------------------------|

| ·   | interest of 10% per annum payable quarterly in arrears; |
|--------------------|---------------------------------------------------------|

| ·   | convertible to common shares of the Company: |
|--------------------|----------------------------------------------|

| o   | at 80% of the average market closing price for the Company’s stock for the 10 days prior to conversion if the conversion is initiated by the holder of the note; and |
|---------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| o   | at 75% of the average market closing price for the Company’s stock for the 10 days prior to conversion if the conversion is initiated by the Company; and |
|---------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | warrants to purchase 2,500 shares of common stock of the Company, exercisable for a period of five years after issuance, at the lesser of the average market closing price for the 10 days prior to issuance of the warrant and the holder-initiated conversion rate or Company-initiated conversion rate as defined in the convertible note at which shares of the Company’s common stock were most recently issued. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | $63,925 due September 30, 2010 |
|--------------------|--------------------------------|

| ·   | $121,343 due October 31, 2010 |
|--------------------|-------------------------------|

| ·   | $102,186 due November 31, 2010 |
|--------------------|--------------------------------|

----

| ·   | February 10, 2010 - $250,000 |
|--------------------|------------------------------|

| ·   | May 15, 2010 - $250,000 |
|--------------------|-------------------------|

| ·   | September 15, 2010 - $500,000 |
|--------------------|-------------------------------|

| ·   | December 10, 2010 - $500,000 |
|--------------------|------------------------------|

----

| ·   | issued 608,103 shares of common stock for conversion of $277,649 owed on an equity line of credit advances received during 2008; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------|

| ·   | issued 439,356 shares of common stock for conversion of $140,000 owed on equity lines of credit advances received in 2009; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------|

| ·   | issued 498,000 shares of common stock for services with a fair value of $213,000; |
|--------------------|-----------------------------------------------------------------------------------|

| ·   | issued 128,000 shares of common stock for settlement of debt with a total fair value of $112,697; |
|--------------------|---------------------------------------------------------------------------------------------------|

| ·   | issued 2,769 shares of common stock for the exercise of options with an aggregate conversion amount of $32; |
|--------------------|-------------------------------------------------------------------------------------------------------------|

| ·   | issued 2,997,060 shares of common stock on the conversion of the consolidated convertible note with a fair value of $829,187; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------|

----

| ·   | issued 3,093,576 shares of common stock on the conversion of convertible notes payable with a fair value of $408,344; and |
|--------------------|---------------------------------------------------------------------------------------------------------------------------|

| ·   | issued 54,255,318 shares of common stock for the acquisition of all the outstanding shares of Radius with a fair value of $10 million. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------|

| ·   | issued 5,367 shares of common stock for conversion of $601,474 owed on an equity line of credit advances received during 2007; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------|

| ·   | issued 274,157 shares of common stock for conversion of $811,152 owed on equity lines of credit advances received in 2008; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------|

| ·   | issued 6,351 shares of common stock for settlement of debt with a total fair value of $657,458; |
|--------------------|-------------------------------------------------------------------------------------------------|

| ·   | issued 4,031 shares of common stock for settlement of $244,718 of debt with related parties with a total fair value of $244,718; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------|

| ·   | issued 90 shares of common stock in settlement of accrued compensation of a director with a fair value of $63,287; |
|--------------------|--------------------------------------------------------------------------------------------------------------------|

| ·   | issued 2,796 shares of common stock in payment for services with a total fair value of $77,418; |
|--------------------|-------------------------------------------------------------------------------------------------|

| ·   | issued 521 shares of common stock to certain management for services with a total fair value of $5,419; |
|--------------------|---------------------------------------------------------------------------------------------------------|

| ·   | issued 25,000 shares of common stock for the purchase of certain software products with a total fair value of $625,000; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------|

| ·   | issued 36,250 shares of common stock for the acquisition of shares of a subsidiary company with a total fair value of $37,500; and |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------|

| ·   | issued 2,500 shares of common stock for the exercise of warrants with an aggregate exercise price of $4,325. |
|--------------------|--------------------------------------------------------------------------------------------------------------|

| Number of Warrants | Exercise Price                                                          | Expiry |
|--------------------|-------------------------------------------------------------------------|--------|
|               |                                                                    |   |
| 44                 | $   500.00                                               | 2011   |
| 40                 |      575.00                                    | 2011   |
| 200                |   4,000.00                                                    | 2012   |
| 2,500              |          0.22              | 2013   |
| 2,500              |            0.125      | 2013   |
| 2,500              |            0.125 | 2013   |

----

|                                                     | Number of     |   | Weighted Average   |
|----------------------------------------------------------|---------------|--------|--------------------|
|                                                     | Options       |   | Exercise Price     |
| Outstanding at December 31, 2007                         | 675      |   | $  0.031 |
| Options issued:                                          |          |   |               |
| to a director on May 3, 2008, fair value of $33,047      | 804      |   | 0.001              |
| to an employee on August 15, 2008, fair value of $14,180 | 1,365    |   | 0.020              |
| to employees on August 15, 2008, fair value of $1,872    | 180      |   | 0.001              |
| to an employee on December 8, 2008, fair value of $205   | 120      |   | 10.000             |
| Outstanding at December 31, 2008                         | 3,144    |   |               |
| to an employee on May 1, 2009, fair value $96            | 120      |   | 0.002              |
| options forfeited                                        | (180)         |   | 6.66               |
| options exercised                                        | (2,772)       |   | 0.001              |
| to employees on November 12, 2009, fair value of $92,117 | 681,750  |   | 0.293              |
|                                                     |          |   |               |
| Outstanding at December 31, 2009                         | 682,062  |   | $  0.293 |

|              |   | Number                                   |   | Average     |   | Number                                        |   | Intrinsic                                            |
|-------------------|--------|------------------------------------------|--------|-------------|--------|-----------------------------------------------|--------|------------------------------------------------------|
|              |   | Outstanding                              |   | Remaining   |   | Exercisable                                   |   | Value                                                |
|              |   | at                                       |   | Contractual |   | at                                            |   | at                                                   |
|              |   | December 31,                             |   | Life        |   | December 31,                                  |   | December 31,                                         |
| Exercise Price    |   | 2009                                     |   | (Years)     |   | 2009                                          |   | 2009                                                 |
| $0.056            |   |        312 |   | 2.83        |   |        312 |   | $        128 |
|   0.293 |   | 681,750                                  |   | 4.83        |   | 326,250                                       |   |    118,420                            |

----

|                                                   |  2009 |                                                                                               |  2008 |
|--------------------------------------------------------|------------|----------------------------------------------------------------------------------------------------|------------|
| Deferred tax assets                                    |       |                                                                                               |       |   |   |
| Net operating loss carryforwards – United States | $     |   1,902,000                                                                         |       | $  |  1,392,000  |
| Net operating loss carryforwards – Foreign       |       | 1,731,000                                                                                     |       |   | 1,744,000  |
| Valuation allowance                                    |       | (3,633,000)                                                                                        |       |   | (3,136,000) |
| Net deferred tax assets                                | $     |                --  |       | $  |                --  |

----

|              |   Year Ended             |                                                                                        |   Year Ended             |
|-------------------|------------------------------------|---------------------------------------------------------------------------------------------|------------------------------------|
|              |   December 31, 2009 |                                                                                        |   December 31, 2008 |
| Revenue           |                               |                                                                                        |                               |   |   |
| Corporate and PIV | $                             |                - |                               | $  |         2,500 |
| Mobile messaging  |                               | 9,659,154                                                                              |                               |   |     - |
|              | $                             | 9,659,154                                                                              |                               | $  |         2,500 |
| Loss              |                               |                                                                                        |                               |   |   |
| Corporate and PIV | $                             | (1,488,443)                                                                                 |                               | $  | (2,835,748) |
| Mobile messaging  |                               | (2,217,682)                                                                                 |                               |   |    - |
|              | $                             | (3,706,125)                                                                                 |                               | $  | (2,835,748) |
| Assets            |                               |                                                                                        |                               |   |   |
| Corporate and PIV | $                             |         5,478                                       |                               | $  |      29,243 |
| Mobile messaging  |                               | 5,584,141                                                                                   |                               |   |           - |
|              | $                             |  5,589,619                                                                             |                               | $  |      29,243 |

|                                                                          | Year Ended                                                                                  |                                                                                        |                                |
|-------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|-------------------------------------|
|                                                                          | December 31                                                                                 |                                                                                        |   Long-lived  Assets |
|                                                                          | 2009                                                                                        | 2008                                                                                        |                                | 2009 | 2008 |
| Revenues                                                                      |                                                                                        |                                                                                        |                                |   |   |
|  Asia                                                                    |   3,998,890                                                                       |                - |                                |  2,821,993 |       8,521 |
| Europe                                                                        |   5,660,264                                                                       |        2,500                                             |                                |                - |              - |
| All other regions                                                             |                - |                - |                                |                - |               - |
|                                                                          |   9,659,154                                                                       |        2,500                                             |                                |  2,821,993 |       8,521 |
|                                                                          |                                                                                        |                                                                                        |                                |   |   |
| Revenues are attributed to geographical region based on location of customer. |

| ·   | issued 28,944,723 shares of common stock for the acquisition of all the issued and outstanding stock, with a fair value of $9,600,000, of Solesys S.A.; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | issued 2,400,000 shares of common stock for services received of a fair value of $1,140,000; and |
|--------------------|--------------------------------------------------------------------------------------------------|

| ·   | converted $125,282 of advances from shareholder into a convertible promissory note with interest of 6% payable quarterly in arrears.  The promissory note is due December 31, 2010, and may be converted into common shares of the Company with a conversion price equal to 85% of the average closing market price of the Company’s stock for the 10 trading days immediately preceding the conversion date. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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