|  NEVADA                                                              |  87-0324697                             |
|---------------------------------------------------------------------------|----------------------------------------------|
|  (State of      other jurisdiction of incorporation or organization) |  (IRS Employer      Identificaiton No.) |

| Large      accelerated filer o | Accelerated      filer o |
|--------------------------------|--------------------------|

| Non-accelerated      filer o | Smaller      reporting company o |
|------------------------------|----------------------------------|

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| NORTH      HORIZON, INC.                                              |   |
|-----------------------------------------------------------------------|--------|
| (A      Development Stage Company)                                    |   |
| Balance      Sheets                                                   |   |
|                                                                  |   |   |   |   |   |   |
|                                                                  |   |   |   |   |   |   |
|                                                                  |   |   |   |   |   |   |
| ASSETS                                                                |   |   |   |   |   |   |
|                                                                  |   |   |   |   |   |   |
|                                                                  |   | June      30, |   |   | December      31, |   |
|                                                                  |   | 2008 |   |   | 2007 |   |
|                                                                  |   | (unaudited) |   |   |   |   |
|                                                                  |   |   |   |   |   |   |
| CURRENT      ASSETS                                                   |   |   |   |   |   |   |
|                                                                  |   |   |   |   |   |   |
| Cash                                                                  |   | $ | - |   |   | $ | - |   |
|                                                                  |   |   |   |   |   |   |   |   |
| Total      Current Assets                                             |   |   | - |   |   |   | - |   |
|                                                                  |   |   |   |   |   |   |   |   |
| TOTAL      ASSETS                                                     |   | $ | - |   |   | $ | - |   |
|                                                                  |   |   |   |   |   |   |   |   |
|                                                                  |   |   |   |   |   |   |   |   |
| LIABILITIES AND STOCKHOLDERS' EQUITY      (DEFICIT)                   |   |   |   |   |   |   |   |   |
|                                                                  |   |   |   |   |   |   |   |   |
| CURRENT      LIABILITIES                                              |   |   |   |   |   |   |   |   |
|                                                                  |   |   |   |   |   |   |   |   |
| Accounts      payable                                                 |   | $ | - |   |   | $ | 1,500 |   |
| Related      party payable                                            |   |   | 17,969 |   |   |   | 3,410 |   |
|                                                                  |   |   |   |   |   |   |   |   |
| Total      Current Liabilities                                        |   |   | 17,969 |   |   |   | 4,910 |   |
|                                                                  |   |   |   |   |   |   |   |   |
| STOCKHOLDERS'      EQUITY (DEFICIT)                                   |   |   |   |   |   |   |   |   |
|                                                                  |   |   |   |   |   |   |   |   |
| Common      stock; 80,000,000 shares authorized,                      |   |   |   |   |   |   |   |   |
|   at      $0.001 par value, 13,251,250 and 10,001,250       |   |   |   |   |   |   |   |   |
|   shares      issued and outstanding                        |   |   | 13,251 |   |   |   | 13,251 |   |
| Additional      paid-in capital                                       |   |   | 3,211,114 |   |   |   | 3,211,114 |   |
| Deficit      accumulated during the development stage                 |   |   | (3,242,334 | ) |   |   | (3,229,275 | ) |
|                                                                  |   |   |   |   |   |   |   |   |
| Total      Stockholders' Equity (Deficit)                             |   |   | (17,969 | ) |   |   | (4,910 | ) |
|                                                                  |   |   |   |   |   |   |   |   |
|  TOTAL      LIABILITIES AND STOCKHOLDERS'  EQUITY (DEFICIT) |   | $ | - |   |   | $ | - |   |

----

| NORTH      HORIZON, INC.                                      |   |
|---------------------------------------------------------------|--------|
| (A      Development Stage Company)                            |   |
| Statements      of Operations                                 |   |
| (unaudited)                                                   |   |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   | From |   |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   | January      1, 2002 |   |
|                                                          |   |   | For      the Three Months Ended |   |   | For      the Six Months Ended |   |   | Through |   |
|                                                          |   |   | June      30, |   |   |   |   |   | June      30, |   |   |   |   |   | June      30, |   |
|                                                          |   |   | 2008 |   |   | 2007 |   |   | 2008 |   |   | 2007 |   |   | 2008 |   |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| REVENUES                                                      |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| EXPENSES                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|        General and administrative                        |   |   | 4,375 |   |   |   | 2,281 |   |   |   | 13,059 |   |   |   | 6,264 |   |   |   | 21,358 |   |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|       Total      Expenses       |   |   | 4,375 |   |   |   | 2,281 |   |   |   | 13,059 |   |   |   | 6,264 |   |   |   | 21,358 |   |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| LOSS      FROM OPERATIONS                                     |   |   | (4,375 | ) |   |   | (2,281 | ) |   |   | (13,059 | ) |   |   | (6,264 | ) |   |   | (21,358 | ) |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| DISCONTINUED      OPERATIONS                                  |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (3,220,976 | ) |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| NET      LOSS                                                 |   | $ | (4,375 | ) |   | $ | (2,281 | ) |   | $ | (13,059 | ) |   | $ | (6,264 | ) |   | $ | (3,242,334 | ) |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| BASIC      LOSS PER SHARE                                     |   | $ | (0.00 | ) |   | $ | (0.00 | ) |   | $ | (0.00 | ) |   | $ | (0.00 | ) |   |   |   |   |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  WEIGHTED      AVERAGE NUMBER OF SHARES OUTSTANDING |   |   | 13,251,250 |   |   |   | 11,626,250 |   |   |   | 13,251,250 |   |   |   | 10,813,750 |   |   |   |   |   |

----

| NORTH      HORIZON, INC.                          |   |
|---------------------------------------------------|--------|
| (A      Development Stage Company)                |   |
| Statements      of Stockholders' Equity (Deficit) |   |
| (unaudited)                                       |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                              |   |   |   |   |   |   |   | Additional |   |   |   |   |   | Total |   |
|                                              |   | Common      Stock |   |   | Paid-In |   |   | Accumulated |   |   | Stockholders' |   |
|                                              |   | Shares |   |   | Amount |   |   | Capital |   |   | Deficit |   |   | Equity |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,      January 1, 2002                     |   |   | 9,025,062 |   |   | $ | 9,025 |   |   | $ | 3,210,975 |   |   | $ | (3,220,000 | ) |   | $ | - |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common      stock issued for                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   services      at $0.001 per share     |   |   | 976,188 |   |   |   | 976 |   |   |   | - |   |   |   | - |   |   |   | 976 |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      loss for the year ended                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   through      December 31, 2003        |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (976 | ) |   |   | (976 | ) |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,      December 31, 2003                   |   |   | 10,001,250 |   |   |   | 10,001 |   |   |   | 3,210,975 |   |   |   | (3,220,976 | ) |   |   | - |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      loss for the year ended                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   December      31, 2004                |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,      December 31, 2004                   |   |   | 10,001,250 |   |   |   | 10,001 |   |   |   | 3,210,975 |   |   |   | (3,220,976 | ) |   |   | - |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      loss for the year ended                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   December      31, 2005                |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (250 | ) |   |   | (250 | ) |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,      December 31, 2005                   |   |   | 10,001,250 |   |   |   | 10,001 |   |   |   | 3,210,975 |   |   |   | (3,221,226 | ) |   |   | (250 | ) |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      loss for the year ended                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   December      31, 2006                |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,      December 31, 2006                   |   |   | 10,001,250 |   |   |   | 10,001 |   |   |   | 3,210,975 |   |   |   | (3,221,226 | ) |   |   | (250 | ) |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common      stock issued for                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   debt      at $0.001 per share         |   |   | 3,250,000 |   |   |   | 3,250 |   |   |   | 139 |   |   |   | - |   |   |   | 3,389 |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      loss for the year ended                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   December      31, 2007                |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (8,049 | ) |   |   | (8,049 | ) |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,      December 31, 2007                   |   |   | 13,251,250 |   |   |   | 13,251 |   |   |   | 3,211,114 |   |   |   | (3,229,275 | ) |   |   | (4,910 | ) |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      loss for the six months                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   ended      June 30, 2008              |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (13,059 | ) |   |   | (13,059 | ) |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,      June 30, 2008                       |   |   | 13,251,250 |   |   | $ | 13,251 |   |   | $ | 3,211,114 |   |   | $ | (3,242,334 | ) |   | $ | (17,969 | ) |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

| NORTH      HORIZON, INC.                                    |                                               |
|-------------------------------------------------------------|----------------------------------------------------|
| (A      Development Stage Company)                          |                                               |
| Statements      of Cash Flows                               |                                               |
| (unaudited)                                                 |                                               |
|                                                        |                                               |   |   |   |   |   |   |   |   |
|                                                        |                                               | For      the Six Months Ended |   |   | From      January 1,      2002Through |   |
|                                                        |                                               | June      30, |   |   | June      30, |   |
|                                                        |                                               | 2008 |   |   | 2007 |   |   | 2008 |   |
|                                                        |                                               |   |   |   |   |   |   |   |   |
| CASH      FLOWS FROM OPERATING ACTIVITIES                   |                                               |   |   |   |   |   |   |   |   |
|                                                        |                                               |   |   |   |   |   |   |   |   |
|                                                        | Net      loss                                      |   | $ | (13,059 | ) |   | $ | (6,264 | ) |   | $ | (3,242,334 | ) |
|                                                        | Adjustments      to reconcile net loss to net cash |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                        |   used      by operating activities:     |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                        | Common      stock issued for services              |   |   | - |   |   |   | - |   |   |   | 976 |   |
|                                                        | Changes      in operating assets and liabilities:  |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                        | Increase      in accounts payable                  |   |   | (1,500 | ) |   |   | 1,500 |   |   |   | - |   |
|                                                        | Increase      in related party payables            |   |   | 14,559 |   |   |   | 4,764 |   |   |   | 21,358 |   |
|                                                        |                                               |   |   |   |   |   |   |   |   |   |   |   |
|                                                        | Net      Cash Used by                              |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                        |   Operating      Activities              |   |   | - |   |   |   | - |   |   |   | (3,220,000 | ) |
|                                                        |                                               |   |   |   |   |   |   |   |   |   |   |   |
| CASH      FLOWS FROM INVESTING ACTIVITIES                   |                                               |   | - |   |   |   | - |   |   |   | - |   |
|                                                        |                                               |   |   |   |   |   |   |   |   |   |   |   |   |
| CASH      FLOWS FROM FINANCING ACTIVITIES                   |                                               |   |   |   |   |   |   |   |   |   |   |   |
|                                                        |                                               |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                        | Sale      of common stock                          |   |   | - |   |   |   | - |   |   |   | 3,220,000 |   |
|                                                        |                                               |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                        | Net      Cash Provided by                          |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                        |   Financing      Activities              |   |   | - |   |   |   | - |   |   |   | 3,220,000 |   |
|                                                        |                                               |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                        | NET      DECREASE IN CASH                          |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                        |                                               |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                        | CASH      AT BEGINNING OF PERIOD                   |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                        |                                               |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                        | CASH      AT END OF PERIOD                         |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                                        |                                               |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                        |                                               |   |   |   |   |   |   |   |   |   |   |   |   |
| SUPPLIMENTAL      DISCLOSURES OF CASH      FLOW INFORMATION |                                               |   |   |   |   |   |   |   |   |   |   |   |
|                                                        |                                               |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                        | CASH      PAID FOR:                                |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                        |                                               |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                        | Interest                                           |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                                        | Income      Taxes                                  |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                                        |                                               |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                        | NON      CASH FINANCING ACTIVITIES:                |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                        |                                               |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                        | Common      stock issued for debt                  |   | $ | - |   |   | $ | - |   |   | $ | 3,389 |   |
|                                                        |                                               |   |   |   |   |   |   |   |   |   |   |   |   |

----

----

----

----

----

----

|                    | North Horizon    Inc. |                                       |
|-------------------------|-----------------------|--------------------------------------------|
|                    |                  |                                       |   |
| Date      July 14, 2008 | By:                   | /s/ Wallace      Boyack               |   |
|                    |                  | Wallace      Boyack                        |   |
|                    |                  | President      and Chief Executive Officer |   |
|                    |                  |                                       |   |
|                    | By:              |  /s/      Wallace Boyack              |   |
|                    |                  |  Wallace      Boyack                  |   |
|                    |                  |  Chief      Financial Officer         |   |

----