----

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| x | QUARTERLYREPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES AND EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2009 - AMENDED |
|---|----------------------------------------------------------------------------------------------------------------------------------------------------|

| o | TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES AND EXCHANGE ACT OF 1934 For the transition period from ___________ to ____________ Commission File Number: |
|---|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| Nevada                          | 76-0766174          |
|---------------------------------|---------------------|
| (State or other jurisdiction of | (I.R.S. Employer    |
| Incorporation or organization)  | Identification No.) |

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| Large Accelerated filer | o      |                                        | Accelerated Filer         | o      |
|-------------------------|--------|---------------------------------------------|---------------------------|--------|
|                    |   |                                        |                      |   |
| Non-accelerated filer   | o      | (Do not check if smaller reporting company) | Smaller Reporting Company | x      |

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|                           |                                                                                                                                         | Page    |
|--------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------|---------|
|                           |                                                                                                                                         |    |
| Part I - Financial Information |
|                           |                                                                                                                                         |    |
| Item 1.                        | Financial Statements                                                                                                                         | 3       |
|                           |                                                                                                                                         |    |
|                           | Balance Sheets as of March 31, 2009 (Unaudited) and December 31, 2008                                                                   |  3 |
|                           |                                                                                                                                         |    |
|                           | Statements of Operations (Unaudited) for the Three Months Ended March 31, 2009 and 2008 and from July 26, 1994 (Inception) to March 31, 2009 |  4 |
|                           |                                                                                                                                         |    |
|                           | Statements of Cash Flows (Unaudited) for the Three Months Ended March 31, 2009 and 2008 and from July 26, 1994 (Inception) to March 31, 2009 |  5 |
|                           |                                                                                                                                         |    |
|                           | Notes to Financial Statements                                                                                                                |  6 |
|                           |                                                                                                                                         |    |
| Item 2.                        | Management's Discussion and Analysis of Financial Condition and Results of Operations                                                        | 7       |
|                           |                                                                                                                                         |    |
| Item 3.                        | Quantitative and Qualitative Disclosures About Market Risk                                                                                   | 8       |
|                           |                                                                                                                                         |    |
| Item 4T.                       | Controls and Procedures                                                                                                                      | 9       |
|                           |                                                                                                                                         |    |
| Part II - Other Information    |
|                           |                                                                                                                                         |    |
| Item 1.                        | Legal Proceedings                                                                                                                            | 9       |
|                           |                                                                                                                                         |    |
| Item 1A.                       | Risk Factors                                                                                                                            | 9       |
|                           |                                                                                                                                         |    |
| Item 2.                        | Unregistered Sales of Equity Securities and Use of Proceeds                                                                                  | 9       |
|                           |                                                                                                                                         |    |
| Item 3.                        | Defaults Upon Senior Securities                                                                                                              | 9       |
|                           |                                                                                                                                         |    |
| Item 4.                        | Submission of Matters to a Vote of Security Holders                                                                                          | 9       |
|                           |                                                                                                                                         |    |
| Item 5.                        | Other Information                                                                                                                            | 9       |
|                           |                                                                                                                                         |    |
| Item 6.                        | Exhibits                                                                                                                                     | 9       |
|                           |                                                                                                                                         |    |
| Signatures                     |                                                                                                                                         | 10      |

----

| AmerElite Solutions, Inc.     |
|-------------------------------|
| (A Development Stage Company) |
|                          |   |   |   |   |   |   |
| Balance Sheets                |

|                                                            |   | March 31,   |       |   | December 31,           |   |
|-----------------------------------------------------------------|--------|-------------|------------|--------|------------------------|--------|
|                                                            |   | 2009        |       |   | 2008                   |   |
|                                                            |   | (Unaudited) |       |   | Audited & Restated |   |
| ASSETS                                                          |   |
|                                                            |   |        |       |   |                   |   |
| Current Assets:                                                 |   |        |       |   |                   |   |
| Cash and Cash Equivalents                                       |   | $           | 826        |   |                   | $      | 1,892 |   |
| Accounts Receivable                                             |   |        | -          |   |                   |   | - |   |
| Inventory                                                       |   |        | -          |   |                   |   | - |   |
|                                                            |   |        |       |   |                   |   |   |   |
| Total Current Assets                                            |   |        | 826        |   |                   |   | 1,892 |   |
|                                                            |   |        |       |   |                   |   |   |   |
| Fixed Assets:                                                   |   |        |       |   |                   |   |   |   |
| Furniture and Equipment, net                                    |   |        | 7,108      |   |                   |   | 8,441 |   |
| Other Assets:                                                   |   |        |       |   |                   |   |   |   |
| Formula and Rights                                              |   |        | -          |   |                   |   | - |   |
| Trademarks, Trade Names                                         |   |        | 150        |   |                   |   | - |   |
| Deposits                                                        |   |        | 1,335      |   |                   |   | 1,135 |   |
|                                                            |   |        |       |   |                   |   |   |   |
| Total Assets                                                    |   | $           | 9,419      |   |                   | $      | 11,468 |   |
|                                                            |   |        |       |   |                   |   |   |   |
| LIABILITIES AND STOCKHOLDERS' EQUITY                            |   |
|                                                            |   |        |       |   |                   |   |   |   |
| Current Liabilities                                             |   |        |       |   |                   |   |   |   |
| Accounts Payable                                                |   | $           | 470,900    |   |                   | $      | 270,494 |   |
| Accrued Payroll                                                 |   |        | 70,000     |   |                   |   | 70,000 |   |
| Notes Payable                                                   |   |        | 64,500     |   |                   |   | 58,700 |   |
| Related Party Payables                                          |   |        |       |   |                   |   | 134,444 |   |
|                                                            |   |        |       |   |                   |   |   |   |
| Total Current Liabilities                                       |   |        | 605,400    |   |                   |   | 533,638 |   |
|                                                            |   |        |       |   |                   |   |   |   |
| Total Liabilities                                               |   |        | 605,400    |   |                   |   | 533,638 |   |
|                                                            |   |        |       |   |                   |   |   |   |
| Stockholders' Equity                                            |   |        |       |   |                   |   |   |   |
|                                                            |   |        |       |   |                   |   |   |   |
| Preferred Stock, authorized 2,000,000                           |   |        |       |   |                   |   |   |   |
| shares, par value $0.001, issued and                            |   |        |       |   |                   |   |   |   |
| outstanding on December 31, 2008 and                            |   |        |       |   |                   |   |   |   |
| 2007 is 550,000 respectively                                    |   |        | 550        |   |                   |   | 550 |   |
|                                                            |   |        |       |   |                   |   |   |   |
| Common Stock, authorized 20,000,000                             |   |        |       |   |                   |   |   |   |
| shares, par value $0.00125, issued and                          |   |        |       |   |                   |   |   |   |
| outstanding on December 31, 2008 and 2007                       |   |        |       |   |                   |   |   |   |
| is 8,665,247 and 8,665,247 respectively                         |   |        | 10,831     |   |                   |   | 10,831 |   |
|                                                            |   |        |       |   |                   |   |   |   |
| Additional Paid-in Capital                                      |   |        | 2,478,156  |   |                   |   | 2,478,156 |   |
| Subscriptions (Receivable)                                      |   |        | (76,226    | )      |                   |   | (76,226 | ) |
| Accumulated Deficit during Development Stage                    |   |        | (3,009,292 | )      |                   |   | (2,935,481 | ) |
|                                                            |   |        |       |   |                   |   |   |   |
| Total Stockholders' Equity                                      |   |        | (595,981   | )      |                   |   | (522,170 | ) |
|                                                            |   |        |       |   |                   |   |   |   |
| Total Liabilities and Stockholders' Equity                      |   | $           | 9,419      |   |                   | $      | 11,468 |   |
|                                                            |   |        |       |   |                   |   |   |   |
|                                                            |   |        |       |   |                   |   |   |   |
| The accompanying notes are an integral part of these statements |   |        |       |   |                   |

----

| AmerElite Solutions, Inc.     |
|-------------------------------|
| (A Development Stage Company) |
|                          |   |   |   |   |   |   |   |   |   |
| Statements of Operations      |
| (Unaudited)                   |

|                                                            |   |      |      |   |      |   |      | July 26, 1994 |   |
|-----------------------------------------------------------------|--------|-----------|-----------|--------|-----------|--------|-----------|---------------|--------|
|                                                            |   | March 31, |      |   | March 31, |   |      | (Inception)   |   |
|                                                            |   |      |      |   |      |   |      | to March 31,  |   |
|                                                            |   | 2009      |      |   | 2008      |   |      | 2009          |   |
| Revenue                                                         |   | $         | -         |   |      | $      | 660       |          |   | $ | 21,759 |   |
|                                                            |   |      |      |   |      |   |      |          |   |   |   |   |
| Total Revenue                                                   |   |      | -         |   |      |   | 660       |          |   |   | 21,759 |   |
|                                                            |   |      |      |   |      |   |      |          |   |   |   |   |
| Cost of Goods Sold                                              |   |      | -         |   |      |   | 256       |          |   |   | 5,320 |   |
|                                                            |   |      |      |   |      |   |      |          |   |   |   |   |
| Gross Profit                                                    |   |      | -         |   |      |   | -         |          |   |   | 16,439 |   |
|                                                            |   |      | 0         |   |      |   | 0         |          |   |   |   |   |
| Operating Expenses                                              |   |      |      |   |      |   |      |          |   |   |   |   |
| Salaries and Wages                                              |   |      | 57,500    |   |      |   | 70,000    |          |   |   | 829,698 |   |
| General and Administrative                                      |   |      | 9,223     |   |      |   | 12,931    |          |   |   | 871,868 |   |
| Professional and Consulting                                     |   |      | 7,088     |   |      |   | 17,841    |          |   |   | 520,564 |   |
| Product Development                                             |   |      | -         |   |      |   | -         |          |   |   | 84,851 |   |
| Marketing                                                       |   |      | -         |   |      |   | -         |          |   |   | 289,551 |   |
| Investor Relations                                              |   |      | -         |   |      |   | -         |          |   |   | 465,672 |   |
|                                                            |   |      |      |   |      |   | -         |          |   |   |   |   |
| Total Expenses                                                  |   |      | 73,811    |   |      |   | 100,772   |          |   |   | 3,062,204 |   |
|                                                            |   |      |      |   |      |   |      |          |   |   |   |   |
| (Loss) from Operations                                          |   |      | (73,811   | )      |      |   | (100,772  | )             |   |   | (3,045,765 | ) |
|                                                            |   |      |      |   |      |   |      |          |   |   |   |   |
| Other Income/(Expense)                                          |   |      |      |   |      |   |      |          |   |   |   |   |
| Other Income                                                    |   |      | -         |   |      |   | -         |          |   |   | 4,517 |   |
| Interest Income                                                 |   |      | -         |   |      |   | -         |          |   |   | 45,173 |   |
| Interest Expense                                                |   |      | -         |   |      |   | -         |          |   |   | (13,217 | ) |
|                                                            |   |      |      |   |      |   |      |          |   |   |   |   |
| Total Other Income/(Expense)                                    |   |      | -         |   |      |   | -         |          |   |   | 36,473 |   |
|                                                            |   |      |      |   |      |   |      |          |   |   |   |   |
| Net Income/(Loss) Before Income Taxes                           |   |      | (73,811   | )      |      |   | (100,772  | )             |   |   | (3,009,292 | ) |
|                                                            |   |      |      |   |      |   |      |          |   |   |   |   |
| Income Tax Expense                                              |   |      | -         |   |      |   | -         |          |   |   | - |   |
|                                                            |   |      |      |   |      |   |      |          |   |   |   |   |
| Net Income/(Loss)                                               |   | $         | (73,811   | )      |      | $      | (100,772  | )             |   | $ | (3,009,292 | ) |
|                                                            |   |      |      |   |      |   |      |          |   |   |   |   |
| Basic (Loss) per Share                                          |   | $         | (0.01     | )      |      | $      | (0.01     | )             |   |   |   |   |
|                                                            |   |      |      |   |      |   |      |          |   |   |   |   |
| Weighted Average Number of Common Shares                        |   |      | 8,665,247 |   |      |   | 8,665,247 |          |   |   |   |   |
|                                                            |   |      |      |   |      |   |      |          |   |   |   |   |
| The accompanying notes are an integral part of these statements |   |      |      |   |      |

----

| AmerElite Solutions, Inc.     |
|-------------------------------|
| (A Development Stage Company) |
|                          |   |   |   |   |   |   |   |   |   |
| Statements of Cash Flows      |
| (Unaudited)                   |

|                                                            |   |      |    |   |      |   |     | July 26, 1994     |   |
|-----------------------------------------------------------------|--------|-----------|---------|--------|-----------|--------|----------|-------------------|--------|
|                                                            |   | March 31, |    |   | March 31, |   |     | (Inception)       |   |
|                                                            |   |      |    |   |      |   |     | to March 31, |   |
|                                                            |   | 2009      |    |   | 2008      |   |     | 2009              |   |
| Operating Activities                                            |   |      |    |   |      |   |     |              |   |
| Net Loss                                                        |   | $         | (73,811 | )      |      | $      | (100,772 | )                 |   | $ | (3,009,292 | ) |
| Adjustments to reconcile Net Loss:                              |   |      |    |   |      |   |     |              |   |   |   |   |
|    Stock Issued for Service                      |   |      | -       |   |      |   | -        |              |   |   | 1,511,060 |   |
|    Depreciation and Amortization                 |   |      | 1,334   |   |      |   | 1,334    |              |   |   | 13,334 |   |
| Changes in Operating Assets and Liabilities                     |   |      |    |   |      |   |     |              |   |   |   |   |
|    (Increase)/Decrease in Accounts Receivable    |   |      | -       |   |      |   | 399      |              |   |   | (1,119 | ) |
|    (Increase)/Decrease in Interest Receivable    |   |      | -       |   |      |   | -        |              |   |   | - |   |
|    (Increase)/Decrease in Inventory              |   |      | -       |   |      |   | 495      |              |   |   | 414,847 |   |
|    (Increase)/Decrease in Deposits               |   |      | (200    | )      |      |   | -        |              |   |   | (1,335 | ) |
|    Increase/(Decrease) in Accounts Payable       |   |      | 65,961  |   |      |   | 97,035   |              |   |   | 470,900 |   |
|    Increase/(Decrease) in Accrued Liabilities    |   |      | -       |   |      |   | -        |              |   |   | 70,000 |   |
|                                                            |   |      |    |   |      |   |     |              |   |   |   |   |
| Net Cash (Used) by Operating Activities                         |   |      | (6,716  | )      |      |   | (1,509   | )                 |   |   | (531,605 | ) |
|                                                            |   |      | -       |   |      |   | -        |              |   |   |   |   |
| Investment Activities                                           |   |      |    |   |      |   | -        |              |   |   |   |   |
| Investment in Trademarks and Trade Names                        |   |      | (150    | )      |      |   | -        |              |   |   | (13,879 | ) |
| Purchase of Equipment                                           |   |      | -       |   |      |   | -        |              |   |   | (20,441 | ) |
|                                                            |   |      |    |   |      |   |     |              |   |   |   |   |
| Net Cash (Used) by Investment Activities                        |   |      | (150    | )      |      |   | -        |              |   |   | (34,320 | ) |
|                                                            |   |      |    |   |      |   |     |              |   |   |   |   |
| Financing Activities                                            |   |      |    |   |      |   |     |              |   |   |   |   |
| Proceeds from Loans                                             |   |      | 5,800   |   |      |   | -        |              |   |   | 411,709 |   |
| (Repayments) of Loans                                           |   |      | -       |   |      |   | -        |              |   |   | (168,732 | ) |
| Proceeds from the Sale of Stock                                 |   |      | -       |   |      |   | -        |              |   |   | 323,774 |   |
|                                                            |   |      |    |   |      |   |     |              |   |   |   |   |
| Net Cash Provided by Financing Activities                       |   |      | 5,800   |   |      |   | -        |              |   |   | 566,751 |   |
|                                                            |   |      |    |   |      |   |     |              |   |   |   |   |
| Net Increase / (Decrease) in Cash                               |   |      | (1,066  | )      |      |   | (1,509   | )                 |   |   | 826 |   |
|                                                            |   |      |    |   |      |   |     |              |   |   |   |   |
| Cash, Beginning of Period                                       |   |      | 1,892   |   |      |   | 7,128    |              |   |   | - |   |
|                                                            |   |      |    |   |      |   |     |              |   |   |   |   |
| Cash, End of Period                                             |   | $         | 826     |   |      | $      | 5,619    |              |   | $ | 826 |   |
|                                                            |   |      |    |   |      |   |     |              |   |   |   |   |
| Supplemental Information:                                       |   |      |    |   |      |   |     |              |   |   |   |   |
| Interest Paid                                                   |   | $         | -       |   |      | $      | 1,070    |              |   | $ | 13,217 |   |
| Income Taxes Paid                                               |   | $         | -       |   |      | $      | -        |              |   | $ | - |   |
|                                                            |   |      |    |   |      |   |     |              |   |   |   |   |
| Significant Non-Cash Transactions:                              |   |      |    |   |      |   |     |              |   |   |   |   |
| Stock Issued for Services                                       |   | $         | -       |   |      | $      | -        |              |   | $ | 1,511,060 |   |
| Stock Issued to Convert Debt                                    |   | $         | -       |   |      | $      | -        |              |   | $ | 178,477 |   |
| Stock Issued to Acquire Assets                                  |   | $         | -       |   |      | $      | -        |              |   | $ | 400,000 |   |
|                                                            |   |      |    |   |      |   |     |              |   |   |   |   |
| The accompanying notes are an integral part of these statements |   |      |    |   |      |

----

|                      |   | Prior to   |     |   | Adjustment |   |     | After      |   |
|---------------------------|--------|------------|----------|--------|------------|--------|----------|------------|--------|
| Year 2008                 |   | Adjustment |     |   | Amount     |   |     | Adjustment |   |
|                      |   |       |     |   |       |   |     |       |   |
| Inventory                 |   | $          | 12,778   |   |       | $      | (12,778  | )          |   | $ | 0 |   |
| Intangible assets         |   | $          | 413,729  |   |       | $      | (413,729 | )          |   | $ | 0 |   |
| Net income (loss)         |   | $          | (387,222 | )      |       | $      | (427,625 | )          |   | $ | (814,847 | ) |
| Earnings (loss) per share |   | $          | (.04     | )      |       | $      | (.05     | )          |   | $ | (.09 | ) |

----

----

|   | · | Absorption |
|--------|--------|------------|

|   | · | Fragrance |
|--------|--------|-----------|

|   | · | Texture |
|--------|--------|---------|

|   | · | Color |
|--------|--------|-------|

----

|   | 31.1  | Certification of Principal Executive Officer and Principal Financial Officer |
|--------|------------|------------------------------------------------------------------------------|

|   | 32.1 | Certification Pursuant to 18 U.S.C. 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 |
|--------|------|----------------------------------------------------------------------------------------------------------------|

----

|               | AMERELITE SOLUTIONS, INC. |                        |
|--------------------|---------------------------|-----------------------------|
|               |                      |                        |   |
| Date: June 1, 2010 | By:                       | /s/ Robert L. Knapp    |   |
|               |                      | Principal Executive Officer |   |
|               |                      | Principal Financial Officer |   |
|               |                      |                        |   |

----