----

| 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 |

----

| Item            | Description                                                                                                                  | Page   |
|-----------------|------------------------------------------------------------------------------------------------------------------------------|--------|
|            |                                                                                                                         |   |
|            | Special      Note Regarding Forward-Looking Statements                                                                       | 1      |
|            |                                                                                                                         |   |
|            | Part      I                                                                                                                  |   |
| Item      1     | Business                                                                                                                     | 2      |
| Item      1A    | Risk      Factors                                                                                                            | 6      |
| Item      1B    | Unresolved      Staff Comments                                                                                               | 10     |
| Item      2     | Properties                                                                                                                   | 10     |
| Item      3     | Legal      Proceedings                                                                                                       | 11     |
| Item      4     | Reserved                                                                                                                     | 11     |
|            |                                                                                                                         |   |
|            | Part      II                                                                                                                 |   |
| Item      5     | Market      for Registrant’s Common Equity, Related Stockholder Matters      and Issuer Purchases of Equity Securities | 11     |
| Item      6     | Selected      Financial Data                                                                                                 | 12     |
| Item      7     | Management’s      Discussion and Analysis of Financial Condition and      Results of Operations                        | 12     |
| Item      7A    | Quantitative      and Qualitative Disclosures about Market Risk                                                              | 14     |
| Item      8     | Financial      Statements and Supplementary Data                                                                             | 14     |
| Item      9     | Changes      in and Disagreements with Accountants on Accounting      and Financial Disclosure                               | 14     |
| Item      9A(T) | Controls      and Procedures                                                                                                 | 15     |
| Item      9B    | Other      Information                                                                                                       | 17     |
|            |                                                                                                                         |   |
|            | Part      III                                                                                                                |   |
| Item      10    | Directors,      Executive Officers and Corporate Governance                                                                  | 17     |
| Item      11    | Executive      Compensation                                                                                                  | 19     |
| Item      12    | Security      Ownership of Certain Beneficial Owners and Management and      Related Stockholder Matters                     | 21     |
| Item      13    | Certain      Relationships and Related Transactions, and      Director Independence                                          | 22     |
| Item      14    | Principal      Accounting Fees and Services                                                                                  | 23     |
|            |                                                                                                                         |   |
|            | Part      IV                                                                                                                 |   |
| Item      15    | Exhibits,      Financial Statement Schedules                                                                                 | 24     |
|            | Signatures                                                                                                                   | 28     |

----

----

----

| ·   | 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) (premiumSMS) |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | 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 wecan; |
|--------------------|----------------------------------------------------------------|

| ·   | 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. |
|--------------------|------------------------------------------------------------------------------------------|

----

----

| ·   | lack      of independent directors on our auditcommittee; |
|--------------------|-----------------------------------------------------------|

| ·   | 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. |
|--------------------|----------------------------------------------------------------------------------------------------------------|

----

----

----

|                                                | Low              |   | High              |
|-----------------------------------------------------|------------------|--------|-------------------|
| Fiscal      year ending December 31, 2010:          |             |   |              |
| Quarter      ending June 30, 2010 (through April 9) | $0.25            |   | $0.51             |
| Quarter      ended March 31, 2010                   |   0.01 |   |   1.20  |
|                                                |             |   |              |
| Fiscal      year ended December 31, 2009:           |             |   |              |
| Quarter      ended December 31                      |   0.05 |   |   0.97  |
| Quarter      ended September 30                     |   0.30 |   |   2.00  |
| Quarter      ended June 30                          |   0.60 |   |   0.90  |
| Quarter      ended March 31                         |   0.80 |   |   2.80  |
|                                                |             |   |              |
| Fiscal      year ended December 31, 2008:           |             |   |              |
| Quarter      ended December 31                      |   1.60 |   |   10.00 |
| Quarter      ended September 30                     |   6.00 |   |   26.00 |
| Quarter      ended June 30                          | 26.00            |   | 100.00            |
| Quarter      ended March 31                         | 80.00            |   | 600.00            |

----

----

|                   |    | 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)                                                 |

----

----

----

| ·   | 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. |
|--------------------|----------------------------------------------------------------------------------------------------------|

----

| Name                      |   | Age    |   | Title                                                 |   | Tenure                |
|---------------------------|--------|--------|--------|-------------------------------------------------------|--------|-----------------------|
|                      |   |   |   |                                                  |   |                  |
| Luther      L. Jao        |   | 44     |   | President,      Director,Chief      Executive Officer |   | 09/14/09      to date |
| Bala      Balamurali      |   | 44     |   | Director                                              |   | 11/17/09      to date |
| Kenneth      G.C. Telford |   | 60     |   | Chief      Financial Officer, Secretary               |   | 03/18/08      to date |

----

----

| Name      and Principal Position | YearEndedDec.      31 | Salary($)          | Bonus($) | StockAward(s)($) | OptionAwards      ($) | Non-EquityIncentivePlanCompen-sation | Change      inPensionValue      andNon-QualifiedDeferredCompen-sationEarnings      ($) | All      OtherCompen-sation      ($) | Total      ($)     |
|----------------------------------|-----------------------|--------------------|----------|------------------|-----------------------|--------------------------------------|----------------------------------------------------------------------------------------|--------------------------------------|--------------------|
| (a)                              | (b)                   | (c)                | (d)      | (e)              | (f)                   | (g)                                  | (h)                                                                                    | (i)                                  | (j)                |
|                             |                  |               |     |             |                  |                                 |                                                                                   |                                 |               |
| Luther      L. Jao, CEO(1)       | 2009                  |   17,500 | --       | --               | 31,765                | --                                   | --                                                                                     | --                                   | 49,265             |
|                             |                  |               |     |             |                  |                                 |                                                                                   |                                 |               |
| Kenneth      G.C. Telford,       | 2009                  | 106,000            | --       | --               | 31,765                | --                                   | --                                                                                     | --                                   | 137,765            |
| CFO(2)                           | 2008                  |   93,500 | 40,000   | 3,547            | 14,180                | --                                   | --                                                                                     | --                                   | 151,227            |
|                             | 2007                  | --                 | --       | --               | --                    | --                                   | --                                                                                     | --                                   | --                 |
|                             |                  |               |     |             |                  |                                 |                                                                                   |                                 |               |
| Stephen      Cutler, CEO(3)      | 2009                  | 80,000             | --       | --               | --                    | --                                   | --                                                                                     | --                                   |   80,000 |
|                             | 2008                  | 80,000             | 35,000   | 1,248            | 1,248                 | --                                   | --                                                                                     | --                                   | 117,496            |
|                             | 2007                  | --                 | --       | --               | --                    | --                                   | --                                                                                     | --                                   | --                 |

----

|                      | Option      Awards                                                         | Stock      Awards                                                          |
|---------------------------|----------------------------------------------------------------------------|----------------------------------------------------------------------------|
| Name                      | Number      ofSecuritiesUnderlyingUnexer-cisedOptions      (#)Exer-cisable | Number      ofSecuritiesUnderlyingUnexercisedOptions      (#)Unexercisable | EquityIncentivePlanAwards:Number      ofSecuritiesUnderlyingUnexercisedUnearnedOptions(#) | OptionExercisePrice($) | OptionExpirationDate | NumberofShares      orUnits      ofStockHeld      ThatHave      NotVested(#) | MarketValue      ofShares      orUnits      ofStockThat      HaveNotVested($) | EquityIncentivePlanAwards:NumberofUnearnedShares,Units      orOtherRightsThat      HaveNotVested(#) | EquityIncentivePlanAwards:MarketorPayoutValue      ofUnearnedShares,Units      orOtherRightsThatHaveNotVested($) |
|                      |                                                                       |                                                                       |   |   |   |   |   |   |   |
| Luther      L. Jao        | 112,500                                                                    | 112,500                                                                    | -- | 0.293 | 11/12/14 | -- | -- | -- | -- |
|                      |                                                                       |                                                                       |   |   |   |   |   |   |   |
| Kenneth      G.C. Telford | 112,500                                                                    | 112,500                                                                    | -- | 0.293 | 11/12/14 | -- | -- | -- | -- |
|                      |                                                                       | --                                                                         | -- |   |   | -- | -- | -- | -- |

| Name                      | FeesEarnedorPaid      inCash($) | StockAwards($) | OptionAwards($) | Non-EquityIncentivePlanCompensation($) | Change      inPension      ValueandNonqualifiedDeferredCompensationEarnings | All      OtherCompen-sation($) | Total      ($) |
|---------------------------|---------------------------------|----------------|-----------------|----------------------------------------|-----------------------------------------------------------------------------|--------------------------------|----------------|
| Luther      Jao, Chairman | --                              | --             | --              | --                                     | --                                                                          | --                             | --             |
| Bala      Balamurali      | --                              | --             | --              | --                                     | --                                                                          | --                             | --             |
| Lim      Wong(1)          | --                              | --             | --              | --                                     | --                                                                          | --                             | --             |
| Simoun      Ung(2)        | --                              | --             | --              | --                                     | --                                                                          | --                             | --             |
| Derek      Hjelm(3)       | --                              | --             | --              | --                                     | --                                                                          | --                             | --             |

----

| Name of Person or Group                                               | Nature of Ownership | Amount                                          | Percent |
|-----------------------------------------------------------------------|---------------------|-------------------------------------------------|---------|
|                                                                  |                |                                            |    |
| Principal      Stockholders:                                          |                |                                            |    |
| Dutt      Devika Maria                                                | Common      Stock   | 37,944,723                                      | 40.5%   |
|     711/32      Green Hill, Povorim               |                |                                            |    |
|     Goa      403501                               |                |                                            |    |
|           India                                   |                |                                            |    |
|                                                                  |                |                                            |    |
| Goh      Wan Nee                                                      | Common      Stock   | 8,842,500                                       | 9.4%    |
|     100-2,      Seri Duta 1, Jalan Gallagher,     |                |                                            |    |
|     Taman      Duta, 50450 Kuala Limpur           |                |                                            |    |
|           Malaysia                                |                |                                            |    |
|                                                                  |                |                                            |    |
| Infinity      Wealth Management                                       | Common      Stock   | 8,700,000                                       | 9.3%    |
|     3905      Two Exchange Square                 |                |                                            |    |
|     Suite      8156,  Connaught Place        |                |                                            |    |
|           Central, Hong Kong                      |                |                                            |    |
|                                                                  |                |                                            |    |
| Crayton      Finance Limited                                          | Common      Stock   | 7,514,046                                       | 8.0%    |
|     3rd      Floor, Omar Hodge Building           |                |                                            |    |
|     Wickhams      Cay I, P.O. Box 362, Road Town  |                |                                            |    |
|           Tortola, British Virgin Islands         |                |                                            |    |
|                                                                  |                |                                            |    |
| Putian      International Pte. Ltd.                                   | Common      Stock   | 6,000,000                                       | 6.4%    |
|     391B      Orchard Road                        |                |                                            |    |
|     #23-01      Ngee Ann City Tower 8             |                |                                            |    |
|     238874      Singapore                         |                |                                            |    |
|                                                                  |                |                                            |    |
| Named      Executive Officers and Directors:                          |                |                                            |    |
| Luther      L. Jao                                                    | Common      Stock   | --                                              | *       |
| 13      Spottiswoode Park Road                                        | Options             |    225,000                       | *       |
| Singapore  088640                                           | Total               |    225,000                       | *       |
|                                                                  |                |                                            |    |
| Bala      Balamurali                                                  | Common      Stock   | 1,741,272                                       | 1.9%    |
| 13      Spottiswoode Park Road                                        |                |                                            |    |
| Singapore  088640                                           |                |                                            |    |
|                                                                  |                |                                            |    |
| Kenneth      Telford                                                  | Common      Stock   |        1,707 | *       |
| 13      Spottiswoode Park Road                                        | Options             |    225,000                       | *       |
| Singapore  088640                                           | Total               |    226,707                       | *       |
|                                                                  |                |                                            |    |
| All      Executive Officers andDirectors      as a Group (3 persons): | Common      Stock   | 1,742,979                                       | 1.9%    |
|                                                                  | Options             |    450,000                       | *       |
|                                                                  | Total               | 2,192,979                                       | 2.3%    |

| * | Less      than 1%. |
|---|--------------------|

----

|                                                                |   | Number      of securities to be issued upon exercise of outstanding options, warrants      and rights(a) |   | Weighted-average      exercise price of outstanding options, warrants and rights(b) |   | Number      of securities remaining available for future issuance under equity      compensation plans (excluding securities reflected in column      (a))(c) |
|---------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                |   |                                                                                                     |   |                                                                                |   |                                                                                                                                                          |
| Equity      compensation plans approvedby      security holders     |   | --                                                                                                       |   | --                                                                                  |   | --                                                                                                                                                            |
| Equity      compensation plans not approvedby      security holders |   | 682,062                                                                                                  |   | $0.293                                                                              |   | --                                                                                                                                                            |
| Total                                                               |   | 682,062                                                                                                  |   | $0.293                                                                              |   | --                                                                                                                                                            |

----

|                    | December      31, 2009 |   | December      31, 2008 |
|-------------------------|------------------------|--------|------------------------|
|                    |                   |   |                   |
| Audit      Fees         | $57,534                |   | $60,000                |
|                    |                   |   |                   |
| Audit      Related Fees | --                     |   | --                     |
|                    |                   |   |                   |
| Tax      Fees           | --                     |   | --                     |
|                    |                   |   |                   |
| All      Other Fees     | --                     |   | --                     |
| Total      Fees         | $57,534                |   | $60,000                |

----

| 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 |

----

| ExhibitNumber |   |  Title      of Document                                                                                                             |   |  Location                                                                                                                              |
|---------------|--------|------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------|
| 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                                              |
|          |   |                                                                                                                                     |   |                                                                                                                                        |
| 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                                             |

----

| ExhibitNumber |   |  Title      of Document                                                                                                                                                                                     |   |  Location                                                                                                                               |
|---------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------|
| 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                                              |
|          |   |                                                                                                                                                                                                             |   |                                                                                                                                         |
| 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                                              |

----

| 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                                                                                                                               |   | 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. |
|---|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                 | INTELLIGENT      COMMUNICATION ENTERPRISE CORPORATION |
|--------------------------------------|-------------------------------------------------------|
|                                 |                                                  |   |
|                                 |                                                  |   |
| Date:  April      15, 2010 | By:                                                   | /s/      Luther L. Jao |
|                                 |                                                  | Luther      L. Jao |
|                                 |                                                  | President      and Principal Executive Officer |
|                                 |                                                  |   |
|                                 |                                                  |   |
| Date:  April      15, 2010 | By:                                                   | /s/      Kenneth G.C. Telford |
|                                 |                                                  | Kenneth      G.C. Telford |
|                                 |                                                  | Principal      Financial and Accounting Officer |

|   |   | /s/      Luther L. Jao                                |
|--------|--------|-------------------------------------------------------|
|   |   | Luther      L. Jao                                    |
|   |   | President,      Chief Executive Officer, and Director |
|   |   |                                                  |
|   |   |                                                  |
|   |   | /s/      Bala Balamurali                              |
|   |   | Bala      Balamurali                                  |

----

----

| 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 ofcredit                                       |                                                                                        |       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                    |
|-----------------------------------------------|---------|-----------------------------------------------------------------------------------------|--------|---------|----------------------------------------------|--------------|---------|-----------------------------|
| Revenue                                       | $  | -                                                                                  |   | $  | 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 inarrears; |
|--------------------|-------------------------------------------------------------|

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

| °   | 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 |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| °   | 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 30, 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 during2007; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------|

| ·   | issued      274,157 shares of common stock for conversion of $811,152 owed on equity      lines of credit advances received in2008; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------|

| ·   | 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                     |

| ·   | 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 conversiondate. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----