x QUARTERLY REPORTUNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THEQUARTERLY PERIOD ENDED SEPTEMBER 30, 2009

| Nevada                                                             |   | 20-5451302                                |
|--------------------------------------------------------------------|--------|-------------------------------------------|
| (State      or other jurisdiction of incorporation ororganization) |   | (I.R.S.      Employer Identification No.) |

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

----

| PART      I: FINANCIAL INFORMATION |   | Page                                                                                             |
|------------------------------------|--------|-------------------------------------------------------------------------------------------------------|
|                               |   |                                                                                                  |
| ITEM      1:                       |   | FINANCIAL      STATEMENTS (Unaudited)                                                                 |   | 3 |
|                               |   |                                                                                                  |   |   |
|                               |   | Balance      Sheets                                                                                   |   | 3 |
|                               |   |                                                                                                  |   |   |
|                               |   | Statements      of Operations                                                                         |   | 4 |
|                               |   |                                                                                                  |   |   |
|                               |   | Statement      of Shareholders' Equity/(Deficit)                                                 |   | 5 |
|                               |   |                                                                                                       |   |   |
|                               |   | Statements      of Cash Flows                                                                         |   | 6 |
|                               |   |                                                                                                  |   |   |
|                               |   | Notes      to the Financial Statements                                                                |   | 7-9 |
|                               |   |                                                                                                  |   |   |
| ITEM      2:                       |   | MANAGEMENT’S      DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF      OPERATIONS |   | 10 |
|                               |   |                                                                                                  |   |   |
| ITEM      3 :                      |   | QUANTITATIVE      AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK                                       |   | 13 |
|                               |   |                                                                                                  |   |   |
| ITEM      4:                       |   | CONTROLS      AND PROCEDURES                                                                          |   | 13 |
|                               |   |                                                                                                  |   |   |
| PART      II: OTHER INFORMATION    |   |                                                                                                  |
|                               |   |                                                                                                  |
| Item      1                        |   | LEGAL      PROCEEDINGS                                                                                |   | 14 |
|                               |   |                                                                                                  |   |   |
| ITEM      1A :                     |   | RISK      FACTORS                                                                                     |   | 14 |
|                               |   |                                                                                                  |   |   |
| ITEM      2                        |   | UNREGISTERED      SALES OF EQUITY SECURITIES AND USE OF PROCEEDS                                      |   | 14 |
|                               |   |                                                                                                  |   |   |
| ITEM      3                        |   | DEFAULTS      UPON SENIOR SECURITIES                                                                  |   | 14 |
|                               |   |                                                                                                  |   |   |
| ITEM      4                        |   | SUBMISSION      OF MATTERS TO A VOTE OF SECURITY HOLDERS                                              |   | 14  |
|                               |   |                                                                                                  |   |   |
| ITEM      6:                       |   | EXHIBITS                                                                                              |   | 14 |
| SIGNATURES                         |   | 15                                                                                                    |

----

|                                                                                                                                                                            |   |                    |       |   |                   |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------|------------|--------|------------------------|--------|
|                                                                                                                                                                            |   |                    |       |   |                   |   |
|                                                                                                                                                                            |   | (unaudited)             |       |   |                   |   |
|                                                                                                                                                                            |   | September      30, 2009 |       |   | December      31, 2008 |   |
|                                                                                                                                                                            |   |                    |       |   |                   |   |
| ASSETS                                                                                                                                                                          |   |                    |       |   |                   |   |
|                                                                                                                                                                            |   |                    |       |   |                   |   |
| CURRENT      ASSETS                                                                                                                                                             |   |                    |       |   |                   |   |
|   Cash                                                                                                                                                                |   | $                       | 244,688    |   |                   | $      | 45,292 |   |
|   Other      receviable                                                                                                                                               |   |                    | -          |   |                   |   | 2,400 |   |
|   Prepaid      expenses                                                                                                                                               |   |                    | 49,125     |   |                   |   | 2,720 |   |
|                                                                                                                                                                            |   |                    |       |   |                   |   |   |   |
|                         TOTAL      CURRENT ASSETS       |   |                    | 293,813    |   |                   |   | 50,412 |   |
|                                                                                                                                                                            |   |                    |       |   |                   |   |   |   |
| PROPERTY      & EQUIPMENT, at cost                                                                                                                                          |   |                    |       |   |                   |   |   |   |
|    Machinery      & equipment                                                                                                                                |   |                    | 71,498     |   |                   |   | 71,498 |   |
|    Computer      equipment                                                                                                                                       |   |                    | 17,559     |   |                   |   | 17,559 |   |
|    Mobile      vehicle                                                                                                                                           |   |                    | 40,252     |   |                   |   | 40,252 |   |
|                                                                                                                                                                            |   |                    | 129,309    |   |                   |   | 129,309 |   |
|    Less      accumulated depreciation                                                                                                                            |   |                    | (45,337    | )      |                   |   | (28,302 | ) |
|                                                                                                                                                                            |   |                    |       |   |                   |   |   |   |
|                         NET      PROPERTY AND EQUIPMENT |   |                    | 83,972     |   |                   |   | 101,007 |   |
|                                                                                                                                                                            |   |                    |       |   |                   |   |   |   |
| OTHER      ASSETS                                                                                                                                                               |   |                    |       |   |                   |   |   |   |
|    Patents                                                                                                                                                       |   |                    | 14,417     |   |                   |   | 8,773 |   |
|                                                                                                                                                                            |   |                    |       |   |                   |   |   |   |
|                        TOTAL      ASSETS                     |   | $                       | 392,202    |   |                   | $      | 160,192 |   |
|                                                                                                                                                                            |   |                    |       |   |                   |   |   |   |
|                                                                                                                                                                            |   |                    |       |   |                   |   |   |   |
|                                                                                                                                                                            |   |                    |       |   |                   |   |   |   |
| LIABILITIES      AND SHAREHOLDERS' EQUITY                                                                                                                                       |   |                    |       |   |                   |   |   |   |
|                                                                                                                                                                            |   |                    |       |   |                   |   |   |   |
| CURRENT      LIABILITIES                                                                                                                                                        |   |                    |       |   |                   |   |   |   |
|     Accounts      payable                                                                                                                                   |   | $                       | 4,798      |   |                   | $      | 34,806 |   |
|     Accrued      expenses                                                                                                                                   |   |                    | 89,858     |   |                   |   | 43,552 |   |
|     Accrued      interest, notes payable                                                                                                                    |   |                    | 6,434      |   |                   |   | - |   |
|     Note      payable, investor                                                                                                                             |   |                    | -          |   |                   |   | 50,000 |   |
|                                                                                                                                                                            |   |                    |       |   |                   |   |   |   |
|                        TOTAL      CURRENT LIABILITIES        |   |                    | 101,090    |   |                   |   | 128,358 |   |
|                                                                                                                                                                            |   |                    |       |   |                   |   |   |   |
| SHAREHOLDERS'      EQUITY                                                                                                                                                       |   |                    |       |   |                   |   |   |   |
|    Common      Stock, $0.001 par value;                                                                                                                          |   |                    |       |   |                   |   |   |   |
|    500,000,000      authorized common shares                                                                                                                     |   |                    |       |   |                   |   |   |   |
|    168,358,875      and 148,342,000 shares issued and outstanding                                                                                                |   |                    | 168,359    |   |                   |   | 148,342 |   |
|    Additional      paid in capital                                                                                                                               |   |                    | 3,246,166  |   |                   |   | 2,155,533 |   |
|    Stock      subscription payable                                                                                                                               |   |                    | 149,125    |   |                   |   | 62,000 |   |
|    Accumulated      deficit during the development stage                                                                                                         |   |                    | (3,272,538 | )      |                   |   | (2,334,041 | ) |
|                                                                                                                                                                            |   |                    |       |   |                   |   |   |   |
|                       TOTAL      SHAREHOLDERS' EQUITY             |   |                    | 291,112    |   |                   |   | 31,834 |   |
|                                                                                                                                                                            |   |                    |       |   |                   |   |   |   |
|     TOTAL      LIABILITIES AND SHAREHOLDERS' EQUITY                                                                                                         |   | $                       | 392,202    |   |                   | $      | 160,192 |   |
|                                                                                                                                                                            |   |                    |       |   |                   |   |   |   |

----

CARBONSCIENCES, INC.

|                                                                |   |                    |                                                    |   |                   |   |        |                |   |   |                                                    |   |   | From      Inception on  |        |
|---------------------------------------------------------------------|--------|-------------------------|---------------------------------------------------------|--------|------------------------|--------|-------------|---------------------|--------|--------|---------------------------------------------------------|--------|--------|-------------------------|-------------|
|                                                                |   | Three      Months Ended |                                                    |   | Nine      Months Ended |   |        | August      25,2006 |   |
|                                                                |   | September      30,      |                                                    |   | September      30,     |   |        | through             |   |
|                                                                |   | 2009                    |                                                    |   | 2008                   |   |        | 2009                |   |   | 2008                                                    |   |   | September      30, 2009 |        |
|                                                                |   |                    |                                                    |   |                   |   |        |                |   |   |                                                    |   |   |                    |        |
|                                                                |   |                    |                                                    |   |                   |   |        |                |   |   |                                                    |   |   |                    |        |
| REVENUE                                                             |   | $                       | -                                                       |   |                   | $      | -           |                |   | $      | -                                                       |   |   | $                       | -           |   |   | $ | - |   |
|                                                                |   |                    |                                                    |   |                   |   |        |                |   |   |                                                    |   |   |                    |        |   |   |   |   |   |
| OPERATING      EXPENSES                                             |   |                    |                                                    |   |                   |   |        |                |   |   |                                                    |   |   |                    |        |   |   |   |   |   |
|   Selling      and marketing expenses                     |   |                    |         254,395 |   |                   |   | 133,612     |                |   |   |         630,396 |   |   |                    | 441,694     |   |   |   |                2,159,478 |   |
|   General      and administrative expenses                |   |                    | 53,127                                                  |   |                   |   | 49,002      |                |   |   | 179,713                                                 |   |   |                    | 127,012     |   |   |   | 620,672 |   |
|   Research      and development                           |   |                    | 6,439                                                   |   |                   |   | 104,493     |                |   |   | 103,972                                                 |   |   |                    | 194,943     |   |   |   | 477,581 |   |
|   Depreciation      expense                               |   |                    | 5,678                                                   |   |                   |   | 4,212       |                |   |   | 17,035                                                  |   |   |                    | 12,635      |   |   |   | 45,337 |   |
|                                                                |   |                    |                                                    |   |                   |   |        |                |   |   |                                                    |   |   |                    |        |   |   |   |   |   |
| TOTAL      OPERATING EXPENSES                                       |   |                    | 319,639                                                 |   |                   |   | 291,319     |                |   |   | 931,116                                                 |   |   |                    | 776,284     |   |   |   | 3,303,068 |   |
|                                                                |   |                    |                                                    |   |                   |   |        |                |   |   |                                                    |   |   |                    |        |   |   |   |   |   |
| LOSS      FROM OPERATIONS BEFORE  OTHER INCOME/(EXPENSES) |   |                    | (319,639                                                | )      |                   |   | (291,319    | )                   |   |   | (931,116                                                | )      |   |                    | (776,284    | ) |   |   | (3,303,068 | ) |
|                                                                |   |                    |                                                    |   |                   |   |        |                |   |   |                                                    |   |   |                    |        |   |   |   |   |   |
| OTHER      INCOME/(EXPENSE)                                         |   |                    |                                                    |   |                   |   |        |                |   |   |                                                    |   |   |                    |        |   |   |   |   |   |
|   Interest      income                                    |   |                    | -                                                       |   |                   |   | 3,288       |                |   |   | -                                                       |   |   |                    | 17,615      |   |   |   | 39,521 |   |
|   Interest      expense                                   |   |                    | (3,037                                                  | )      |                   |   | -           |                |   |   | (7,381                                                  | )      |   |                    | -           |   |   |   | (8,991 | ) |
|                                                                |   |                    |                                                    |   |                   |   |        |                |   |   |                                                    |   |   |                    |        |   |   |   |   |   |
| TOTAL      OTHER INCOME/(EXPENSES)                                  |   |                    | (3,037                                                  | )      |                   |   | 3,288       |                |   |   | (7,381                                                  | )      |   |                    | 17,615      |   |   |   | 30,530 |   |
|                                                                |   |                    |                                                    |   |                   |   |        |                |   |   |                                                    |   |   |                    |        |   |   |   |   |   |
| NET      LOSS                                                       |   |                    |        (322,676      | )      |                   |   | (288,031    | )                   |   |   |        (938,497      | )      |   |                    | (758,669    | ) |   |   |               (3,272,538 | ) |
|                                                                |   |                    |                                                    |   |                   |   |        |                |   |   |                                                    |   |   |                    |        |   |   |   |   |   |
| BASIC      AND DILUTED LOSS PER SHARE                               |   | $                       | (0.00                                                   | )      |                   | $      | (0.00       | )                   |   | $      | (0.01                                                   | )      |   | $                       | (0.01       | ) |   |   |   |   |
|                                                                |   |                    |                                                    |   |                   |   |        |                |   |   |                                                    |   |   |                    |        |   |   |   |   |   |
| WEIGHTED-AVERAGE      COMMON SHARES OUTSTANDING                     |   |                    |                                                    |   |                   |   |        |                |   |   |                                                    |   |   |                    |        |   |   |
|       BASIC      AND DILUTED          |   |                    | 154,488,539                                             |   |                   |   | 148,342,000 |                |   |   | 151,922,564                                             |   |   |                    | 148,342,000 |   |   |   |   |   |
|                                                                |   |                    |                                                    |   |                   |   |        |                |   |   |                                                    |   |   |                    |        |   |   |   |   |   |

----

|                                                                            |   |              |        |   | Additional |   |    | Stock         |   |   | DeficitAccumulatedduring      the                       |   |   |   |     |
|---------------------------------------------------------------------------------|--------|-------------------|-------------|--------|------------|--------|---------|---------------|--------|--------|---------------------------------------------------------|--------|--------|--------|----------|
|                                                                            |   | Common      stock |        |   | Paid-in    |   |    | Subscriptions |   |   | Development                                             |   |   |   |     |
|                                                                            |   | Shares            |        |   | Amount     |   |    | Capital       |   |   | Payable                                                 |   |   | Stage  |     |   | Total |   |
|                                                                            |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |   |
| Balance      at December 31, 2008                                               |   |              | 148,342,000 |   |       | $      | 148,342 |          |   | $      | 2,155,533                                               |   |   | $      | 62,000   |   |   | $ | (2,334,041 | ) |   | $ | 31,834 |   |
|                                                                            |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |   |   |   |   |   |   |   |
| Stock      subscriptions payable (unaudited)                                    |   |              | -           |   |       |   | -       |          |   |   | -                                                       |   |   |   | 213,650  |   |   |   | - |   |   |   | 213,650 |   |
|                                                                            |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |   |   |   |   |   |   |   |
| Issuance      of common stock for services in April 2009                        |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |   |   |   |   |
| (172,500      shares issued at fair value for $0.10 per share)    (unaudited)   |   |              | 172,500     |   |       |   | 172     |          |   |   | 17,078                                                  |   |   |   | -        |   |   |   | - |   |   |   | 17,250 |   |
|                                                                            |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |   |   |   |   |   |   |   |
| Issuance      of common stock for services in April 2009                        |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |   |   |   |   |
| (250,000      shares issued at fair value at $0.10 per share)(unaudited)        |   |              | 250,000     |   |       |   | 250     |          |   |   | 24,750                                                  |   |   |   | -        |   |   |   | - |   |   |   | 25,000 |   |
|                                                                            |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |   |   |   |   |   |   |   |
| Issuance      of common stock for cash in May 2009                              |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |   |   |   |   |
| (2.756,500      shares issued at $0.10 per share) (unaudited)                   |   |              | 2,756,500   |   |       |   | 2,757   |          |   |   | 272,893                                                 |   |   |   | (275,650 | ) |   |   | - |   |   |   | - |   |
|                                                                            |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |   |   |   |   |   |   |   |
| Issuance      of common stock for cash in May 2009                              |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |   |   |   |   |
| (1,500,000      shares issued at $0.10 per share) (unaudited)                   |   |              | 1,500,000   |   |       |   | 1,500   |          |   |   | 148,500                                                 |   |   |   | -        |   |   |   | - |   |   |   | 150,000 |   |
|                                                                            |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |   |   |   |   |   |   |   |
| Issuance      of common stock for services in May 2009                          |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |   |   |   |   |
| (1,000,000      shares issued at fair value at $0.10 per share)(unaudited)      |   |              | 1,000,000   |   |       |   | 1,000   |          |   |   | 99,000                                                  |   |   |   | -        |   |   |   | - |   |   |   | 100,000 |   |
|                                                                            |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |   |   |   |   |   |   |   |
| Issuance      of common stock for services in September 2009                    |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |
| (337,875      shares issued at fair value at $0.10 per share)(unaudited)        |   |              | 337,875     |   |       |   | 338     |          |   |   | 33,450                                                  |   |   |   | -        |   |   |   | - |   |   |   | 33,788 |   |
|                                                                            |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |   |   |   |   |   |   |   |
| Issuance      of common stock for conversion of debt in September 2009          |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |
| (2,789,474      shares issued at fair value at $0.095 per share)    (unaudited) |   |              | 2,789,474   |   |       |   | 2,789   |          |   |   | 262,211                                                 |   |   |   | -        |   |   |   | - |   |   |   | 265,000 |   |
|                                                                            |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |   |   |   |   |   |   |   |
| Issuance      of common stock for cash in September 2009                        |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |   |   |   |   |
| (11,210,526      shares issued  $0.026 per share) (unaudited)         |   |              | 11,210,526  |   |       |   | 11,211  |          |   |   | 283,789                                                 |   |   |   | -        |   |   |   | - |   |   |   | 295,000 |   |
|                                                                            |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |   |   |   |   |   |   |   |
| Stock      subscriptions payable (unaudited)                                    |   |              | -           |   |       |   | -       |          |   |   | -                                                       |   |   |   | 149,125  |   |   |   | - |   |   |   | 149,125 |   |
|                                                                            |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |   |   |   |   |   |   |   |
| Stock      issuance cost (unaudited)                                            |   |              | -           |   |       |   | -       |          |   |   |         (51,038 | )      |   |   | -        |   |   |   | - |   |   |   | (51,038 | ) |
|                                                                            |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |   |   |   |   |   |   |   |
| Net      Loss for the nine months ended September 30, 2009    (unaudited)       |   |              | -           |   |       |   | -       |          |   |   | -                                                       |   |   |   | -        |   |   |   |        (938,497 | ) |   |   | (938,497 | ) |
|                                                                            |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |   |   |   |   |   |   |   |
| Balance      at September 30, 2009 (unaudited)                                  |   |              | 168,358,875 |   |       | $      | 168,359 |          |   | $      | 3,246,166                                               |   |   | $      | 149,125  |   |   | $ | (3,272,538 | ) |   | $ | 291,112 |   |
|                                                                            |   |              |        |   |       |   |    |          |   |   |                                                    |   |   |   |     |   |   |   |   |   |   |   |   |   |

----

|                                                                                                                               |   |                    |                                                                                                                |   |                    |   |     | From      Inception on  |   |
|------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------|---------------------------------------------------------------------------------------------------------------------|--------|-------------------------|--------|----------|-------------------------|--------|
|                                                                                                                               |   |                    |                                                                                                                |   |                    |   |     | August      25,2006     |   |
|                                                                                                                               |   | Nine      Months Ended  |                                                                                                                |   | through                 |   |
|                                                                                                                               |   | September      30, 2009 |                                                                                                                |   | September      30, 2008 |   |     | September      30, 2009 |   |
| CASH      FLOWS FROM OPERATING ACTIVITIES:                                                                                         |   |                    |                                                                                                                |   |                    |   |     |                    |   |
| Net      loss                                                                                                                      |   | $                       | (938,497                                                                                                            | )      |                    | $      | (758,669 | )                       |   | $ | (3,272,538 | ) |
| Adjustment      to reconcile net loss to net cash                                                                                  |   |                    |                                                                                                                |   |                    |   |     |                    |   |   |   |   |
|   used      in operating activities                                                                                      |   |                    |                                                                                                                |   |                    |   |     |                    |   |   |   |   |
|  Depreciation      expense                                                                                                    |   |                    | 17,035                                                                                                              |   |                    |   | 12,635   |                    |   |   | 45,337 |   |
|  Stock      issuance for services                                                                                             |   |                    | 176,038                                                                                                             |   |                    |   | -        |                    |   |   | 251,038 |   |
|  Changes      in Assets and Liabilities                                                                                       |   |                    |                                                                                                                |   |                    |   |     |                    |   |   |   |   |
|          (Increase)      Decrease in:                                                 |   |                    |                                                                                                                |   |                    |   |     |                    |   |   |   |   |
|          Other      receivable                                                        |   |                    | 2,400                                                                                                               |   |                    |   | (2,400   | )                       |   |   | - |   |
|          Prepaid      expenses                                                        |   |                    | (46,405                                                                                                             | )      |                    |   | 113,321  |                    |   |   | (49,125 | ) |
|          Increase      (Decrease) in:                                                 |   |                    |                                                                                                                |   |                    |   |     |                    |   |   |   |   |
|          Accounts      payable                                                        |   |                    | (30,008                                                                                                             | )      |                    |   | 34,319   |                    |   |   | 4,798 |   |
|          Accrued      expenses                                                        |   |                    | 52,740                                                                                                              |   |                    |   | (8,074   | )                       |   |   | 96,292 |   |
|                                                                                                                               |   |                    |                                                                                                                |   |                    |   |     |                    |   |   |   |   |
| NET      CASH USED IN OPERATING ACTIVITIES                                                                                         |   |                    | (766,697                                                                                                            | )      |                    |   | (608,868 | )                       |   |   | (2,924,198 | ) |
|                                                                                                                               |   |                    |                                                                                                                |   |                    |   |     |                    |   |   |   |   |
| CASH      FLOWS FROM INVESTING ACTIVITIES:                                                                                         |   |                    |                                                                                                                |   |                    |   |     |                    |   |
|    Investment      in certificates of deposit                                                                       |   |                    | -                                                                                                                   |   |                    |   | 682,386  |                    |   |   | - |   |
|    Patent      expenditures                                                                                         |   |                    | (5,644                                                                                                              | )      |                    |   | (5,425   | )                       |   |   | (14,417 | ) |
|         Purchase of equipment                                                                                            |   |                    | -                                                                                                                   |   |                    |   | (50,899  | )                       |   |   | (129,309 | ) |
|                                                                                                                               |   |                    |                                                                                                                |   |                    |   |     |                    |   |   |   |   |
| NET      CASH PROVIDED/(USED) IN INVESTING ACTIVITIES                                                                              |   |                    | (5,644                                                                                                              | )      |                    |   | 626,062  |                    |   |   | (143,726 | ) |
|                                                                                                                               |   |                    |                                                                                                                |   |                    |   |     |                    |   |   |   |   |
| CASH      FLOWS FROM FINANCING ACTIVITIES:                                                                                         |   |                    |                                                                                                                |   |                    |   |     |                    |   |   |   |   |
|     Advances      from/(to) officer                                                                            |   |                    | 40,000                                                                                                              |   |                    |   | -        |                    |   |   | 113,000 |   |
|     Loans      from investors                                                                                  |   |                    | 290,000                                                                                                             |   |                    |   | -        |                    |   |   | 500,000 |   |
|     Repayment      of advances and loans                                                                       |   |                    | (115,000                                                                                                            | )      |                    |   | -        |                    |   |   | (348,000 | ) |
|     Proceeds      from subscriptions payable                                                                   |   |                    | 362,775                                                                                                             |   |                    |   | -        |                    |   |   | 362,775 |   |
|          Proceeds from issuance of common stock, net                                                                |   |                    |                   393,962 |   |                    |   | -        |                    |   |   | 2,684,837 |   |
|                                                                                                                               |   |                    |                                                                                                                |   |                    |   |     |                    |   |   |   |   |
| NET      CASH PROVIDED BY FINANCING  ACTIVITIES                                                                          |   |                    | 971,737                                                                                                             |   |                    |   | -        |                    |   |   | 3,312,612 |   |
|                                                                                                                               |   |                    |                                                                                                                |   |                    |   |     |                    |   |   |   |   |
| NET      INCREASE IN CASH                                                                                                          |   |                    | 199,396                                                                                                             |   |                    |   | 17,194   |                    |   |   | 244,688 |   |
|                                                                                                                               |   |                    |                                                                                                                |   |                    |   |     |                    |   |   |   |   |
| CASH,      BEGINNING OF PERIOD                                                                                                     |   |                    | 45,292                                                                                                              |   |                    |   | 9,539    |                    |   |   | - |   |
|                                                                                                                               |   |                    |                                                                                                                |   |                    |   |     |                    |   |   |   |   |
| CASH,      END OF PERIOD                                                                                                           |   | $                       | 244,688                                                                                                             |   |                    | $      | 26,733   |                    |   | $ | 244,688 |   |
|                                                                                                                               |   |                    |                                                                                                                |   |                    |   |     |                    |   |   |   |   |
| SUPPLEMENTAL      DISCLOSURES OF CASH FLOW INFORMATION                                                                             |   |                    |                                                                                                                |   |                    |   |     |                    |   |
|    Interest      paid                                                                                               |   | $                       | 2,555                                                                                                               |   |                    | $      | -        |                    |   | $ | 2,555 |   |
|    Taxes      paid                                                                                                  |   | $                       | 800                                                                                                                 |   |                    | $      | 59       |                    |   | $ | 800 |   |
|                                                                                                                               |   |                    |                                                                                                                |   |                    |   |     |                    |   |   |   |   |
| SUPPLEMENTAL      DISCLOSURES OF NON-CASH TRANSACTIONS                                                                             |   |                    |                                                                                                                |   |                    |   |     |                    |   |
| During      the three months ended September 30, 2009, the Company issued 2,789,474      shares of common stock for converted debt |   |
| in      the amount of $265,000, at fair value of $0.095 per share.                                                                 |   |                    |                                                                                                                |   |                    |   |     |                    |   |

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| 1.  | Basis of      Presentation |
|----------|----------------------------|

| 2.  | SUMMARY      OF SIGNIFICANT ACCOUNTING POLICIES |
|----------|-------------------------------------------------|

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| 2.  | SUMMARY      OF SIGNIFICANT ACCOUNTING POLICIES(Continued) |
|----------|------------------------------------------------------------|

| 3. | CAPITAL      STOCK |
|----|--------------------|

| 4.  | PROMISSORY      NOTE |
|----------|----------------------|

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| 5.  | INCOME      TAXES |
|----------|-------------------|

|   | The      Company files income tax returns in the U.S. Federal jurisdiction, and the      state of California. With few exceptions, the Company is no longer subject      to U.S. federal, state and local, or non-U.S. income tax examinations by      tax authorities for years before2005. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Deferred      income taxes have been provided by temporary differences between the      carrying amounts of assets and liabilities for financial reporting      purposes and the amounts used for tax purposes. To the extent allowed by      GAAP, we provide valuation allowances against the deferred tax assets for      amounts when the realization isuncertain. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Included      in the balance at September 30, 2009 are no tax positions for which the      ultimate deductibility is highly certain but for which there is      uncertainty about the timing of such deductibility.  Because of      the impact of deferred tax accounting, other than interest and penalties,      the disallowance of the shorter deductibility period would not affect the      annual effective tax rate but would accelerate the payment of cash to the      taxing authority to an earlierperiod. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The      Company's policy is to recognize interest accrued related to unrecognized      tax benefits in interest expense and penalties in operating      expenses. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6. | SUBSEQUENT      EVENTS |
|----|------------------------|

|   | Management      has evaluated subsequent events after the balance sheet date of September      30, 2009 through November      16, 2009. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------|

|   | During      October 2009, the Company issued 1,491,250 shares of common stock for      $149,125. |
|--------|--------------------------------------------------------------------------------------------------|

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OPERATIONS

| ·  | discuss      our future expectations; |
|--------------|---------------------------------------|

| ·  | contain      projections of our future results of operations or of our financial      condition; and |
|--------------|------------------------------------------------------------------------------------------------------|

| ·  | state      other "forward-looking"information. |
|--------------|------------------------------------------------|

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In May 2005, the FASB issued FASB Statement No.154, “Accounting Changes and Error Corrections.” This new standard replaces APBOpinion No. 20, “Accounting Changes, and FASB Statement No. 3, ReportingAccounting Changes in Interim Financial Statements,” and represents another stepin the FASB’s goal to converge its standards with those issued by the IASB.Among other changes, Statement 154 requires that a voluntary change inaccounting principle be applied retrospectively with all prior period financialstatements presented on the new accounting principle, unless it is impracticableto do so. Statement 154 also provides that (1) a change in method ofdepreciating or amortizing a long-lived non-financial asset be accounted for asa change in estimate (prospectively) that was effected by a change in accountingprinciple, and (2) correction of errors in previously issued financialstatements should be termed a “restatement.” The new standard is effective foraccounting changes and correction of errors made in fiscal years beginning afterDecember 15, 2005. Early adoption of this standard is permitted for accountingchanges and correction of errors made in fiscal years beginning after June 1,2005. The Company has evaluated the impact of the adoption of Statement 154 anddoes not believe the impact will be significant to the Company's overall resultsof operations or financial position.

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None

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|   |   | CARBON      SCIENCES, INC.                                                                                                                                                |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                      |
|   | By:    | /s/      Byron Elton                                                                                                                                                      |   |
|   |   | Chief      Executive Officer (Principal ExecutiveOfficer      ) and Acting Chief Financial Officer(Principal      Financial Officer and PrincipalAccounting      Officer) |