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|  Nevada                                                  |  95-4465933                              |
|---------------------------------------------------------------|-----------------------------------------------|
| (State or other jurisdiction ofincorporation or organization) | (IRS Employer Identification No.)   |
|  539 East Blackhawk Lane, Alpine, UT                     |  84004                                   |
| (Address of principal executive offices)                 | (Zip Code)                               |

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| PMI Construction Group                                            |   |
|-------------------------------------------------------------------|--------|
| (A Development Stage Enterprise)                                  |   |
| Balance Sheets                                                    |   |
|                                                              |   |   |   |   |   |   |
|                                                              |   | June 30, |   |   | December 31, |   |
|                                                              |   | 2010 |   |   | 2009 |   |
|                                                              |   | (unaudited) |   |   |   |   |
| Assets                                                            |   |   |   |   |   |   |
| Current Assets:                                                   |   |   |   |   |   |   |
| Cash                                                              |   | $ | 17,763 |   |   | $ | 2,094 |   |
| Prepaid Accounting expense                                        |   |   | 2,000 |   |   |   | 4,000 |   |
| Total Assets                                                      |   | $ | 19,763 |   |   | $ | 6,094 |   |
|                                                              |   |   |   |   |   |   |   |   |
|                                                              |   |   |   |   |   |   |   |   |
| Liabilities and Stockholders’ Equity (Deficit)              |   |   |   |   |   |   |   |   |
| Current Liabilities:                                              |   |   |   |   |   |   |   |   |
| Notes and accrued interest payable to related parties             |   | $ | 103,827 |   |   | $ | 75,413 |   |
| Total Current Liabilities                                         |   |   | 103,827 |   |   |   | 75,413 |   |
|                                                              |   |   |   |   |   |   |   |   |
| Stockholders’ Equity (Deficit)                              |   |   |   |   |   |   |   |   |
| Convertible preferred stock, $0.001 par value, 5,000,000          |   |   |   |   |   |   |   |   |
| shares authorized, 633 shares issued and outstanding              |   |   | 1 |   |   |   | 1 |   |
| Common stock, $0.001 par value, 95,000,000 shares                 |   |   |   |   |   |   |   |   |
| authorized, 17,300,709 shares issued and outstanding,respectively |   |   | 17,301 |   |   |   | 17,301 |   |
| Retained Deficit                                                  |   |   | (5,064 | ) |   |   | (5,064 | ) |
| Deficit accumulated during the development stage                  |   |   | (96,302 | ) |   |   | (81,557 | ) |
| Total Stockholders’ Equity (Deficit)                        |   |   | (84,064 | ) |   |   | (69,319 | ) |
|                                                              |   |   |   |   |   |   |   |   |
| Total Liabilities and Stockholders’ Equity (Deficit)        |   | $ | 19,763 |   |   | $ | 6,094 |   |
|                                                              |   |   |   |   |   |   |   |   |
| See accompanying notes to financial statements                    |   |

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|                                                              |   | For the three months endedJune 30, |       |   | For the six months endedJune 30 |   |       | From the date of commencing development stage activities (February 17, 2004) Through June 30, |   |
|-------------------------------------------------------------------|--------|------------------------------------|------------|--------|---------------------------------|--------|------------|-----------------------------------------------------------------------------------------------|--------|
|                                                              |   | 2010                               |       |   | 2009                            |   |       | 2010                                                                                          |   |   | 2009 |   |   | 2010 |   |
| Revenue                                                           |   | $                                  | —    |   |                            | $      | —    |                                                                                          |   | $ | — |   |   | $ | — |   |   | $ | — |   |
| Operating expenses:                                               |   |                               |       |   |                            |   |       |                                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |
| General and administrative                                   |   |                               | 10,321     |   |                            |   | 6,430      |                                                                                          |   |   | 11,331 |   |   |   | 11,858 |   |   |   | 81,025 |   |
|                                                              |   |                               |       |   |                            |   |       |                                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |
|   Total operating     expenses |   |                               | 10,321     |   |                            |   | 6,430      |                                                                                          |   |   | 11,331 |   |   |   | 11,858 |   |   |   | 81,025 |   |
|                                                              |   |                               |       |   |                            |   |       |                                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss from operations                                              |   |                               | (10,321    | )      |                            |   | (6,430     | )                                                                                             |   |   | (11,331 | ) |   |   | (11,858 | ) |   |   | (81,025 | ) |
|                                                              |   |                               |       |   |                            |   |       |                                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |
| Other Income (Expense)                                            |   |                               |       |   |                            |   |       |                                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |
|     Interest expense                          |   |                               | (1,854     | )      |                            |   | (1,253     | )                                                                                             |   |   | (3,414 | ) |   |   | (2,361 | ) |   |   | (15,277 | ) |
|                                                              |   |                               |       |   |                            |   |       |                                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |
| Total other expenses                                              |   |                               | (1,854     | )      |                            |   | (1,253     | )                                                                                             |   |   | (3,414 | ) |   |   | (2,361 | ) |   |   | (15,277 | ) |
|                                                              |   |                               |       |   |                            |   |       |                                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |
| Net Loss                                                          |   | $                                  | (12,175    | )      |                            | $      | (7,683     | )                                                                                             |   | $ | (14,745 | ) |   | $ | (14,219 | ) |   | $ | (96,302 | ) |
|                                                              |   |                               |       |   |                            |   |       |                                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss per share of common stock                                |   | $                                  | (0.00      | )      |                            | $      | (0.00      | )                                                                                             |   | $ | (0.00 | ) |   | $ | (0.00 | ) |   |   |   |   |
| Net Loss fully diluted share of common stock                      |   | $                                  | (0.00      | )      |                            | $      | (0.00      | )                                                                                             |   | $ | (0.00 | ) |   | $ | (0.00 | ) |   |   |   |   |
| Weighted average number of common shares                          |   |                               | 17,300,709 |   |                            |   | 17,300,709 |                                                                                          |   |   | 17,300,709 |   |   |   | 17,300,709 |   |   |   |   |   |
| Weighted average number of fully diluted common shares            |   |                               | 42,301,342 |   |                            |   | 17,301,709 |                                                                                          |   |   | 42,301,342 |   |   |   | 17,301,342 |   |   |   |   |   |

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|                                                                                                                                                          |   | For The Six Months Ended |    |   | From the date of commencing development stage activities (February 17, 2004) Through |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------|---------|--------|--------------------------------------------------------------------------------------|--------|
|                                                                                                                                                          |   | June 30,                 |    |   | June 30,                                                                             |   |
|                                                                                                                                                          |   | 2010                     |    |   | 2009                                                                                 |   |   | 2010 |   |
| Cash flows from operating activities:                                                                                                                         |   |                     |    |   |                                                                                 |   |   |   |   |
|    Net Loss                                                                                                                                    |   | $                        | (14,745 | )      |                                                                                 | $      | (14,219 | ) |   | $ | (96,302 | ) |
|    Adjustments to reconcile net loss to net cash used by     operating activities:                                    |   |                     |    |   |                                                                                 |   |   |   |   |   |   |   |
|                                                                                                                                                          |   |                     |    |   |                                                                                 |   |   |   |   |   |   |   |
|      Conversion of interest payable to common stock                                                                                  |   |                     | — |   |                                                                                 |   | — |   |   |   | 312 |   |
|        Changes in operating assets and liabilities:                                                                        |   |                     |    |   |                                                                                 |   |   |   |   |   |   |   |
|           (Increase) decrease in prepaid expense                                                            |   |                     | 2,000   |   |                                                                                 |   | — |   |   |   | (2,000 | ) |
|           Increase (decrease) in accounts payable                                                           |   |                     | — |   |                                                                                 |   | (775 | ) |   |   | (883 | ) |
|                                                                                                                                                          |   |                     |    |   |                                                                                 |   |   |   |   |   |   |   |
|           Increase (decrease) in interest payable to Related Parties                                        |   |                     | 3,414   |   |                                                                                 |   | 2,361 |   |   |   | 13,619 |   |
|                                                                                                                                                          |   |                     |    |   |                                                                                 |   |   |   |   |   |   |   |
|                     Net cash used in operating activities |   |                     | (9,331  | )      |                                                                                 |   | (12,633 | ) |   |   | (85,254 | ) |
|                                                                                                                                                          |   |                     |    |   |                                                                                 |   |   |   |   |   |   |   |
| Cash flows from financing activities:                                                                                                                         |   |                     |    |   |                                                                                 |   |   |   |   |   |   |   |
|      Conversion of interest payable to note payable                                                                                  |   |                     | — |   |                                                                                 |   | — |   |   |   | 1,200 |   |
|      Notes payable to related parties                                                                                                |   |                     | 25,000  |   |                                                                                 |   | 13,000 |   |   |   | 101,817 |   |
|                                                                                                                                                          |   |                     |    |   |                                                                                 |   |   |   |   |   |   |   |
|                   Net cash provided by financing activities         |   |                     | 25,000  |   |                                                                                 |   | 13,000 |   |   |   | 103,017 |   |
|                                                                                                                                                          |   |                     |    |   |                                                                                 |   |   |   |   |   |   |   |
|                   Net change in cash                                |   |                     | 15,669  |   |                                                                                 |   | 367 |   |   |   | 17,763 |   |
|                                                                                                                                                          |   |                     |    |   |                                                                                 |   |   |   |   |   |   |   |
| Cash, beginning of period                                                                                                                                     |   |                     | 2,094   |   |                                                                                 |   | 387 |   |   |   | — |   |
|                                                                                                                                                          |   |                     |    |   |                                                                                 |   |   |   |   |   |   |   |
| Cash, end of period                                                                                                                                           |   | $                        | 17,763  |   |                                                                                 | $      | 754 |   |   | $ | 17,763 |   |
|                                                                                                                                                          |   |                     |    |   |                                                                                 |   |   |   |   |   |   |   |
| Supplemental disclosure of cash flow information:                                                                                                             |   |                     |    |   |                                                                                 |   |   |   |   |   |   |   |
|    Income taxes                                                                                                                                |   |                     |    |   |                                                                                 |   |   |   |   |   |   |   |
|    Interest                                                                                                                                    |   | $                        | — |   |                                                                                 | $      | — |   |   | $ | — |   |

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| Exhibit Table # | Title of Document                                             | Location                      |
|-----------------|---------------------------------------------------------------|-------------------------------|
| 3 (i)           | Articles of Incorporation                                     | Incorporated by reference*    |
|            |                                                          |                          |
| 3 (i)           | Amended Articles of Incorporation                             | Incorporated by reference*    |
|            |                                                          |                          |
| 3 (i)           | Amended Articles of Incorporation                             | Incorporated by reference*    |
|            |                                                          |                          |
| 3 (ii)          | Bylaws                                                        | Incorporated by reference*    |
|            |                                                          |                          |
| 4               | Specimen Stock Certificate                                    | Incorporated by reference*    |
|            |                                                          |                          |
| 11              | Computation of loss per share                                 | Notes to financial statements |
|            |                                                          |                          |
| 10              | Promissory Note – Banyan                                | This filing                   |
|            |                                                          |                          |
| 31              | Rule 13a-14(a)/15d-14a(a) Certification – CEO & CFO | This filing                   |
|            |                                                          |                          |
| 32              | Section 1350 Certification – CEO & CFO              | This filing                   |

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