----

| PART I.        |                                                                                                  |   |  1  |
|----------------|-------------------------------------------------------------------------------------------------------|--------|----------|
|           |                                                                                                  |   |     |
| Item 1.        | Business                                                                                         |   |  1  |
| Item 1A.  | Risk Factors                                                                                     |   |  7  |
| Item 1B.       | Unresolved Staff Comments                                                                             |   |  10 |
| Item 2.        | Properties                                                                                       |   |  10 |
| Item 3.        | Legal Proceedings                                                                                |   |  11 |
| Item 4.        | (REMOVED)                                                                                        |   |  11 |
|           |                                                                                                  |   |     |
| PART II.       |                                                                                                  |   |  11 |
|           |                                                                                                  |   |     |
| Item 5.        | Market for Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities  |   |  11 |
| Item 6.        | Selected Financial Data                                                                          |   |  12 |
| Item 7.        | Management’s Discussion and Analysis of Financial Condition and Results of Operations      |   |  12 |
| Item 7A.  | Quantitative and Qualitative Disclosures About Market Risk                                            |   |  15 |
| Item 8.        | Financial Statements and Supplementing Data                                                      |   |  15 |
| Item 9.        | Changes in and Disagreements With Accountants on Accounting and Financial Disclosure                  |   |  15 |
| Item 9A(T).    | Controls and Procedures                                                                               |   |  15 |
| Item 9(B).     | Other Information                                                                                     |   |  16 |
|           |                                                                                                  |   |     |
| PART III.      |                                                                                                  |   |  16 |
|           |                                                                                                  |   |     |
| Item 10.       | Directors, Executive Officers and Corporate Governance                                           |   |  16 |
| Item 11.       | Executive compensation                                                                           |   |  18 |
| Item 12.       | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters        |   |  18 |
| Item 13.       | Certain Relationships and Related Transactions, and Director Independence                   |   |  20 |
|           |                                                                                                  |   |     |
| PART IV.       |                                                                                                  |   |  20 |
|           |                                                                                                  |   |     |
| Item 14.       | Principal Accountant Fees and Services                                                           |   |  20 |
| Item 15.       | Exhibits and Financial Data Schedules                                                            |   |  21 |
|           |                                                                                                  |   |     |

----

| Item 1.   | Business |
|---------------------|----------|

----

----

----

| ●   | A reduction in water and energy usage, |
|---------------------|----------------------------------------|

| ●   | Requires no pressure drop to perform separation, |
|---------------------|--------------------------------------------------|

| ●   | Less space needed to implement the Voraxial® Separator; the Voraxial® Separator weighs less than existing systems, |
|---------------------|------------------------------------------------------------------------------------------------------------------------------|

| ●   | A reduction in time to process and separate the fluids, allowing the customer to be more efficient, |
|---------------------|-----------------------------------------------------------------------------------------------------|

| ●   | Creation of a more efficient and faster process to treat water to increase the overall productivity of the end-user, |
|---------------------|----------------------------------------------------------------------------------------------------------------------|

| ●   | A reduction in the amount of disposable liquids, |
|---------------------|--------------------------------------------------|

| ●   | Fewer employees needed to operate the system, and |
|---------------------|---------------------------------------------------|

| ●   | Reduction of ongoing maintenance and servicing costs. |
|---------------------|-------------------------------------------------------|

----

----

----

| Item 1A.   | Risk Factors |
|----------------------|--------------|

----

----

|   | ● | significantly greater financial, technical and human resources than we have and may be better equipped to discover, develop, manufacture and commercialize products; and |
|--------|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  ● | the patentability of our inventions relating to our product; and/or                                  |
|---------------|------------------------------------------------------------------------------------------------------|
|  ● | the enforceability, validity, or scope of protection offered by our patents relating to our product. |

----

| Item 1B.   | Unresolved Staff Comments |
|----------------------|---------------------------|

| Item 2.   | Properties |
|---------------------|------------|

----

| Item 3.   | Legal Proceedings |
|---------------------|-------------------|

| Item 4.   | (REMOVED) |
|---------------------|-----------|

| PART II.   |   |
|----------------------|--------|

| Item 5.   | Market for Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities |
|---------------------|-------------------------------------------------------------------------------------------------|

----

| Item 6.   | Selected Financial Data |
|---------------------|-------------------------|

| Item 7.   | Management’s Discussion and Analysis of Financial Condition and Results of Operations |
|---------------------|---------------------------------------------------------------------------------------------|

----

----

----

| Item 7A.   | Quantitative and Qualitative Disclosures About Market Risk. |
|----------------------|-------------------------------------------------------------|

| Item 8.   | Financial Statements and Supplementing Data |
|---------------------|---------------------------------------------|

| Item 9.   | Changes in and Disagreements With Accountants on Accounting and Financial Disclosure |
|---------------------|--------------------------------------------------------------------------------------|

| Item 9A(T).   | Controls and Procedures |
|-------------------------|-------------------------|

----

| Item 9 (B).   | Other Information |
|-------------------------|-------------------|

| PART III.   |   |
|-----------------------|--------|

| Item 10.   | Directors, Executive Officers and Corporate Governance |
|----------------------|--------------------------------------------------------|

|   | Name | Age | Position |
|--------|------|-----|----------|

|   | Alberto DiBella | 79 | President and Director |
|--------|-----------------|----|------------------------|

|   | John A. DiBella | 38 | Chief Operating Officer and Director |
|--------|-----------------|----|--------------------------------------|

----

----

| Item 11.   | Executive compensation |
|----------------------|------------------------|

| Name and Principal Position | Year   | Salary($)   | Bonus($) | StockAwards($) | OptionAwards($) | Non-EquityIncentive PlanCompensation($) | Change in PensionValue and Nonqualified Deferred CompensationEarnings($) | All OtherCompensation($) | Total($) |
|-----------------------------|--------|-------------|----------|----------------|-----------------|-----------------------------------------|--------------------------------------------------------------------------|--------------------------|----------|
|                        |   |        |     |           |            |                                    |                                                                     |                     |     |
| Alberto DiBella             | 2008   | $305,000(1) | --       | --             | --              | --                                      | --                                                                       | --                       | $305,000 |
| CEO and Principal,          | 2009   | $305,000(3) | --       | --             | --              | --                                      | --                                                                       | --                       | $305,000 |
| Financial Officer           |   |        |     |           |            |                                    |                                                                     |                     |     |
|                        |   |        |     |           |            |                                    |                                                                     |                     |     |
| John A. DiBella             | 2008   | $305,000(2) | --       | --             | --              | --                                      | --                                                                       | --                       | $305,000 |
| Executive Vice President    | 2009   | $305,000(4) | --       | --             | --              | --                                      | --                                                                       | --                       | $305,000 |

| (1)   | $211,700 was deferred in 2008. |
|-----------------|--------------------------------|

| (2)   | $276,016 was deferred in 2008. |
|-----------------|--------------------------------|

| (3)   | $207,050 was deferred in 2009. |
|-----------------|--------------------------------|

| (4)   | $244,000 was deferred in 2009. |
|-----------------|--------------------------------|

|            |   | Option Awards                                          |                                                   | Stock Awards                                                                               |
|-----------------|--------|--------------------------------------------------------|--------------------------------------------------------|--------------------------------------------------------------------------------------------|
|            |   | Number of Securities Underlying Unexercised Options(#) | Number of Securities Underlying Unexercised Options(#) | Equity Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options | Option Exercise Price | Option |   | Number of Shares or Units of Stock That Have Not Vested | Market Value of Shares or Units of Stock That Have Not Vested | Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other rights That Have Not Vested | Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other rights That Have Not Vested |
| Name            |   | Exercisable                                            | Unexercisable                                          | (#)                                                                                        | ($) | Expiration Date |   | (#) | ($) | (#) | ($) |
|            |   |                                                   |                                                   |                                                                                       |   |   |   | -- | -- | -- | -- |
| Alberto DiBella |   | 1,000,000                                              | --                                                     | --                                                                                         | $0.40 | 2012 |   | -- | -- | -- | -- |
|            |   |                                                   |                                                   |                                                                                       |   |   |   |   |   |   |   |
| John DiBella    |   | 2,000,000                                              | --                                                     | --                                                                                         | $0.15 | 2012 |   | -- | -- | -- | -- |
|            |   | 1,000,000                                              | --                                                     | --                                                                                         | $0.40 | 2012 |   | -- | -- | -- | -- |

| Item 12.   | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters |
|----------------------|------------------------------------------------------------------------------------------------|

----

| Name and Address of | Number of Shares | Percentage of |
|---------------------|------------------|---------------|

| Beneficial Owner | Beneficially Owned | Ownership   |
|------------------|--------------------|-----------------------|

| Alberto DiBella3500 Bayview DriveFort Lauderdale, FL  33308           |    3,946,666(1) |   15.0% |
|---------------------------------------------------------------------------------|---------------------------|-------------------|
|                                                                            |                      |              |
| John DiBella821 N.W. 57th PlaceFort Lauderdale, FL  33309   |   4,000,000(2)  |   14.1% |
|                                                                            |                      |              |
| Robert Weinberg11338 Clover Leaf CircleBoca Raton, FL 33428                     |   2,000,000(3)  |   7.9%  |
|                                                                            |                      |              |
| Peter Chiappetta2299 NW 62nd DriveBoca Raton, FL 33487                          |   3,000,000(3)  |   11.9% |
|                                                                            |                      |              |
| All officers and directorsas a group (2 persons)                                |  7,946,667(1)(2)     |  27.2%       |

| (1) | Alberto DiBella’s beneficial share ownership includes 10,000 shares of common stock owned by his wife.  Also includes 1,000,000 shares of common stock underlying options exercisable at $0.40 per share. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Includes 2,000,000 shares of common stock underlying options exercisable at $.15 per share.  Also includes 1,000,000 shares of common stock underlying options exercisable at $0.40 per share.  Excludes shares, which Mr. DiBella holds voting control, but does not hold any power to dispose of such shares.  See footnote 3. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Voting rights of said shares were granted to John A. DiBella until such time the respective percentage ownership is less than 3% of the Company. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                      |    Number of securitiesto be issued upon exercise of outstanding options, warrants and rights |   |    Weighted-average exercise price of outstanding options, warrants and rights |   | Number of securities remaining available forfuture issuance under equity compensationplans (excluding securities reflected in 1st column) |
|-----------------------------------------------------------|--------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------|
| Equity compensation plansapproved by security holders     |  0                                                                                                      |   |  N/A                                                                                     |   |  0                                                                                                                                   |
|                                                      |                                                                                                         |   |                                                                                          |   |                                                                                                                                      |
| Equity compensation plans notapproved by security holders |  4,675,000                                                                                              |   |  $0.29                                                                                   |   |  0                                                                                                                                   |
|                                                      |                                                                                                         |   |                                                                                          |   |                                                                                                                                      |
| Total                                                     |  4,675,000                                                                                              |   |                                                                                          |   | 0                                                                                                                                         |

----

| Item 13.   | Certain Relationships and Related Transactions, and Director Independence |
|----------------------|---------------------------------------------------------------------------|

| PART IV.   |   |
|----------------------|--------|

| Item 14.   | Principal Accountant Fees and Services |
|----------------------|----------------------------------------|

----

| Item 15.   | Exhibits and Financial Data Schedules |
|----------------------|---------------------------------------|

| 2        |   | Plan of Merger (1)                                                   |   |
|----------|--------|----------------------------------------------------------------------|--------|
| 3(i)     |   | Articles of Incorporation (1)                                        |   |
| 3(ii)    |   | Bylaws (1)                                                           |   |
| 4        |   | Share Certificate (1)                                                |   |
| 14  |   | Code of Ethics (2)                                                   |   |
| 21       |   | Subsidiaries (1)                                                     |   |
| 23.1     |   | Consent of Jewett, Schwartz, Wolfe & Associates                  |   |
| 31.1     |   | Rule 13a-14(a)/15d-4(a) Certification of Principal Financial Officer |   |
| 31.2     |   | Rule 13a-14(a)/15d-4(a) Certification of Principal Financial Officer |   |
| 32.1     |   | Section 1350 Certification of Principal Executive Officer            |   |
| 32.2     |   | Section 1350 Certification of Principal Financial Officer            |   |

----

----

----

| ENVIRO VORAXIAL TECHNOLOGY, INC. AND SUBSIDIARY                                          |   |   |                                                                                                                                              |
|------------------------------------------------------------------------------------------|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                     |   |   |                                                                                                                                              |   |   |   |   |
| CONSOLIDATED  BALANCE SHEETS                                                   |   |   |                                                                                                                                              |
|                                                                                     |   |   |                                                                                                                                              |   |   |   |   |
|                                                                                     |   |   | December 31,                                                                                                                                      |   | December 31, |   |   |
|                                                                                     |   |   | 2009                                                                                                                                              |   | 2008 |   |   |
| ASSETS                                                                                   |   |   |                                                                                                                                              |   |   |   |   |
|                                                                                     |   |   |                                                                                                                                              |   |   |   |   |
| CURRENT ASSETS:                                                                          |   |   |                                                                                                                                              |   |   |   |   |
|       Cash and cash equivalents                            |   |   |  $            59,110                                                             |   |  $          31,910 |   |   |
|       Accounts receivable                                  |   |   |                         - |   |              25,000 |   |   |
|       Inventory, net                                       |   |   |              203,158                                                             |   |            174,581 |   |   |
|                                                                                     |   |   |                                                                                                                                              |   |   |   |   |
|         Total current assets                     |   |   |              262,268                                                             |   |            231,491 |   |   |
|                                                                                     |   |   |                                                                                                                                              |   |   |   |   |
|  FIXED ASSETS, NET                                                                  |   |   | 180,946                                                                                                                                           |   | 203,594 |   |   |
|                                                                                     |   |   |                                                                                                                                              |   |   |   |   |
|  OTHER ASSETS                                                                       |   |   | 13,695                                                                                                                                            |   | 13,695 |   |   |
|                                                                                     |   |   |                                                                                                                                              |   |   |   |   |
|     Total assets                                                     |   |   |  $          456,909                                                                        |   |  $        448,780 |   |   |
|                                                                                     |   |   |                                                                                                                                              |   |   |   |   |
|  LIABILITIES AND SHAREHOLDERS' DEFICIENCY                                           |   |   |                                                                                                                                              |   |   |   |   |
|                                                                                     |   |   |                                                                                                                                              |   |   |   |   |
|  CURRENT LIABILITIES:                                                               |   |   |                                                                                                                                              |   |   |   |   |
|        Accounts payable and accrued expenses          |   |   |  $       1,790,598                                                                                        |   |  $     1,176,089 |   |   |
|         Current portion of note payable          |   |   | 30,836                                                                                                                                            |   | 30,836 |   |   |
|                                                                                     |   |   |                                                                                                                                              |   |   |   |   |
|         Total current liabilities                |   |   |           1,821,434                                                                             |   |         1,206,925 |   |   |
|                                                                                     |   |   |                                                                                                                                              |   |   |   |   |
|                                                                                     |   |   |                                                                                                                                              |   |   |   |   |
|    LONG TERM NOTE PAYABLE                                                 |   |   | 77,556                                                                                                                                            |   | 111,117 |   |   |
|                                                                                     |   |   |                                                                                                                                              |   |   |   |   |
|         Total liabilities                        |   |   |           1,898,990                                                                             |   |         1,318,042 |   |   |
|                                                                                     |   |   |                                                                                                                                              |   |   |   |   |
|  COMMITMENTS AND CONTINGENCIES                                                      |   |   |                                                                                                                                              |   |   |   |   |
|                                                                                     |   |   |                                                                                                                                              |   |   |   |   |
|  SHAREHOLDERS' DEFICIENCY:                                                          |   |   |                                                                                                                                              |   |   |   |   |
|  Common stock, $.001 par value, 42,750,000 shares authorized;                       |   |   |                                                                                                                                              |   |   |   |   |
|      25,268,994 and 24,631,494 shares issued and outstanding    |   |   |                                                                                                                                              |   |   |   |   |
|        as of December 31, 2009 and 2008, respectively |   |   | 25,269                                                                                                                                            |   | 24,630 |   |   |
|  Additional paid-in capital                                                         |   |   | 9,473,710                                                                                                                                         |   | 9,219,348 |   |   |
|  Deferred compensation                                                              |   |   | (13,333)                                                                                                                                          |   |                        - |   |   |
|  Accumulated deficit                                                                |   |   | (10,927,727)                                                                                                                                      |   | (10,113,240) |   |   |
|                                                                                     |   |   |                                                                                                                                              |   |   |   |   |
|         Total shareholders' deficiency           |   |   |         (1,442,081)                                                                                       |   |           (869,262) |   |   |
|                                                                                     |   |   |                                                                                                                                              |   |   |   |   |
|  Total liabilities and shareholders' deficiency                                     |   |   |  $          456,909                                                                        |   |  $        448,780 |   |   |
|                                                                                     |   |   |                                                                                                                                              |   |   |   |   |

| ENVIRO VORAXIAL TECHNOLOGY, INC. AND SUBSIDIARY                                                                          |                                                                                                                            |                                                                                                                           |                                                                                                                                        |
|--------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                     |                                                                                                                            |                                                                                                                           |                                                                                                                                        |   |   |   |   |
|  CONSOLIDATED STATEMENTS OF OPERATIONS                                                                              |                                                                                                                            |                                                                                                                           |                                                                                                                                        |
|                                                                                                                     |                                                                                                                            |                                                                                                                           |                                                                                                                                        |   |   |   |   |
|                                                                                                                     |                                                                                                                            |                                                                                                                           |                                                                                                                                        |   |   |   |   |
|                                                                                                                     |                                                                                                                            |                                                                                                                           |                                                                                                                                        |   |   |   |   |
|                                                                                                                     |                                                                                                                            | Years Ended December 31,                                                                                                       |                                                                                                                                        |   |   |
|                                                                                                                     |                                                                                                                            | 2009                                                                                                                           |                                                                                                                                        | 2008 |   |   |   |
|                                                                                                                     |                                                                                                                            |                                                                                                                           |                                                                                                                                        |   |   |   |   |
| Revenues, net                                                                                                            |                                                                                                                            |  $               464,526                       |                                                                                                                                        |  $                103,558 |   |   |   |
|                                                                                                                     |                                                                                                                            |                                                                                                                           |                                                                                                                                        |   |   |   |   |
| Cost of goods sold                                                                                                       |                                                                                                                            |                     58,209 |                                                                                                                                        |                    116,700 |   |   |   |
|                                                                                                                     |                                                                                                                            |                                                                                                                           |                                                                                                                                        |   |   |   |   |
| Gross profit (loss)                                                                                                      |                                                                                                                            |                   406,317            |                                                                                                                                        |                     (13,142) |   |   |   |
|                                                                                                                     |                                                                                                                            |                                                                                                                           |                                                                                                                                        |   |   |   |   |
| Costs and expenses:                                                                                                      |                                                                                                                            |                                                                                                                           |                                                                                                                                        |   |   |   |   |
|       General and administrative                                                           |                                                                                                                            |                   711,667            |                                                                                                                                        |                    753,132 |   |   |   |
|       Research and development                                                             |                                                                                                                            |                   498,624            |                                                                                                                                        |                    697,302 |   |   |   |
|                                                                                                                     |                                                                                                                            |                                                                                                                           |                                                                                                                                        |   |   |   |   |
|                 Total costs and expenses |                                                                                                                            |                1,210,291                            |                                                                                                                                        |                 1,450,434 |   |   |   |
|                                                                                                                     |                                                                                                                            |                                                                                                                           |                                                                                                                                        |   |   |   |   |
| Loss from operations                                                                                                     |                                                                                                                            |                 (803,974)                      |                                                                                                                                        |                (1,463,576) |   |   |   |
|                                                                                                                     |                                                                                                                            |                                                                                                                           |                                                                                                                                        |   |   |   |   |
| Other (income) expenses:                                                                                                 |                                                                                                                            |                                                                                                                           |                                                                                                                                        |   |   |   |   |
|       Interest income                                                                      |                                                                                                                            | 266                                                                                                                            |                                                                                                                                        |                        1,173 |   |   |   |
|       Interest expense                                                                     |                                                                                                                            |                   (10,779)           |                                                                                                                                        |                     (13,521) |   |   |   |
|                                                                                                                     |                                                                                                                            |                                                                                                                           |                                                                                                                                        |   |   |   |   |
|               Total other expense                  |                                                                                                                            |                   (10,513)           |                                                                                                                                        |                     (12,348) |   |   |   |
|                                                                                                                     |                                                                                                                            |                                                                                                                           |                                                                                                                                        |   |   |   |   |
| NET LOSS                                                                                                                 |                                                                                                                            |  $             (814,487)                                 |                                                                                                                                        |  $            (1,475,924) |   |   |   |
|                                                                                                                     |                                                                                                                            |                                                                                                                           |                                                                                                                                        |   |   |   |   |
| Weighted average number of common shares                                                                                 |                                                                                                                            |                                                                                                                           |                                                                                                                                        |   |   |   |
|    outstanding-basic and diluted                                                                          |                                                                                                                            |              25,037,090                                       |                                                                                                                                        |               23,832,783 |   |   |   |
|                                                                                                                     |                                                                                                                            |                                                                                                                           |                                                                                                                                        |   |   |   |   |
| Loss per common share - basic and diluted                                                                                |  $                   (0.03) |                                                                                                                           |  $                     (0.06) |   |   |   |

----

|                                                           |                                                                                                                |   |                                                                                        |   |                                                                                                                |   |                                                                                                                |    |                                                                                                                                  |   |                                                                     |
|----------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------|---------|---------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------|
|                                                           |                                                                                                                |   |                                                                                        |   |                                                                                                                |   |                                                                                                                |    |                                                                                                                                  |   |                                                                     |
| ENVIRO VORAXIAL TECHNOLOGY, INC. AND SUBSIDIARY                |                                                                                                                |   |                                                                                        |   |
|                                                           |                                                                                                                |   |                                                                                        |   |                                                                                                                |   |                                                                                                                |    |                                                                                                                                  |   |                                                                     |
| CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIENCY |                                                                                                                |   |                                                                                        |   |
|                                                           |                                                                                                                |   |                                                                                        |   |                                                                                                                |   |                                                                                                                |    |                                                                                                                                  |   |                                                                     |
|                                                           |                                                                                                                |   |                                                                                        |   |                                                                                                                |   |                                                                                                                |    |                                                                                                                                  |   |                                                                     |
|                                                           |                                                                                                                |   |                                                                                        |   | Additional                                                                                                          |   |                                                                                                                |    |                                                                                                                                  |   |                                                                     |
|                                                           | Common Stock                                                                                                        |   | Paid-in                                                                                     |   | Deferred                                                                                                            |   | Accumulated                                                                                                         |    |                                                                                                                                  |
|                                                           | Shares                                                                                                              |   | Amount                                                                                      |   | Capital                                                                                                             |   | Compensation                                                                                                        | Deficit |                                                                                                                                  | Total  |
|                                                           |                                                                                                                |   |                                                                                        |   |                                                                                                                |   |                                                                                                                |    |                                                                                                                                  |   |                                                                     |
| Balance - December 31, 2007                                    |   23,122,235                                                                                              |   |       23,121                                                  |   |     8,520,857                                                                                   |   |                    - |    |       (8,637,316)                                                                                       |   |           (93,338)     |
|                                                           |                                                                                                                |   |                                                                                        |   |                                                                                                                |   |                                                                                                                |    |                                                                                                                                  |   |                                                                     |
| Issuance of common stock at $.60 per share                     |        416,666                                                                   |   |            416                       |   |        249,584                                                                   |   |                    - |    |                       - |   |          250,000            |
| Issuance of common stock at $.50 per share                     |        500,000                                                                   |   |            500                       |   |        249,500                                                                   |   |                    - |    |                       - |   |          250,000            |
| Issuance of common stock at $.34 per share                     |        592,593                                                                   |   |            593                       |   |        199,407                                                                   |   |                    - |    |                       - |   |          200,000            |
|                                                           |                                                                                                                |   |                                                                                        |   |                                                                                                                |   |                                                                                                                |    |                                                                                                                                  |   |                                                                     |
| Net loss                                                       |                                                                                                                |   |                                                                                        |   |                                                                                                                |   |                                                                                                                |    |       (1,475,924)                                                                                       |   |      (1,475,924)                                |
|                                                           |                                                                                                                |   |                                                                                        |   |                                                                                                                |   |                                                                                                                |    |                                                                                                                                  |   |                                                                     |
| Balance - December 31, 2008                                    |   24,631,494                                                                                              |   |  $   24,630                                                             |   |  $ 9,219,348                                                                                                   |   |  $                -            |    |  $ (10,113,240)                                                                                                                  |   |  $     (869,262)                           |
|                                                           |                                                                                                                |   |                                                                                        |   |                                                                                                                |   |                                                                                                                |    |                                                                                                                                  |   |                                                                     |
| Issuance of common stock at $.40 per share                     |        237,500                                                                   |   |            239                       |   |          94,762                                                        |   |                    - |    |                       - |   |            95,001 |
| Issuance of common stock for consulting services               |        200,000                                                                   |   |            200                       |   |          79,800                                                        |   |         (26,666)                                                            |    |                       - |   |            53,334 |
| Amortization of deferred compensation                          |                    - |   |                - |   |                    - |   |           26,666                                                  |    |                       - |   |            26,666 |
| Issuance of common stock for consulting services               |        200,000                                                                   |   |            200                       |   |          79,800                                                        |   |         (26,666)                                                            |    |                       - |   |            53,334 |
| Amortization of deferred compensation                          |                    - |   |                - |   |                    - |   |           13,333                                                  |    |                       - |   |            13,333 |
|                                                           |                                                                                                                |   |                                                                                        |   |                                                                                                                |   |                                                                                                                |    |                                                                                                                                  |   |                                                                     |
| Net loss                                                       |                                                                                                                |   |                                                                                        |   |                                                                                                                |   |                                                                                                                |    |          (814,487)                                                                       |   |         (814,487)                |
|                                                           |                                                                                                                |   |                                                                                        |   |                                                                                                                |   |                                                                                                                |    |                                                                                                                                  |   |                                                                     |
| Balance - December 31, 2009                                    |   25,268,994                                                                                              |   |       25,269                                                  |   |     9,473,710                                                                                   |   |         (13,333)                                                            |    |     (10,927,727)                                                                                                  |   |      (1,442,081)                                |
|                                                           |                                                                                                                |   |                                                                                        |   |                                                                                                                |   |                                                                                                                |    |                                                                                                                                  |   |                                                                     |

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| ENVIRO VORAXIAL TECHNOLOGY, INC. AND SUBSIDIARY                                                                                |   |                                                                                                                                   |   |                                                                                                                       |   |
|--------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------|--------|
| CONSOLIDATED STATEMENTS OF CASH FLOWS                                                                                          |   |                                                                                                                                   |   |                                                                                                                       |   |
|                                                                                                                           |   |                                                                                                                                   |   |                                                                                                                       |   |   |   |
|                                                                                                                           |   | For the Years Ended December 31,                                                                                                       |   |                                                                                                                       |   |
|                                                                                                                           |   | 2009                                                                                                                                   |   | 2008                                                                                                                       |   |   |   |
|                                                                                                                           |   |                                                                                                                                   |   |                                                                                                                       |   |   |   |
| Cash Flows From Operating Activities:                                                                                          |   |                                                                                                                                   |   |                                                                                                                       |   |   |   |
| Net loss                                                                                                                       |   |  $        (814,487)                                                                       |   |  $   (1,475,924)                                                                                       |   |   |   |
| Adjustments to reconcile net loss to net                                                                                       |   |                                                                                                                                   |   |                                                                                                                       |   |   |   |
|   cash used by operating activities:                                                                                      |   |                                                                                                                                   |   |                                                                                                                       |   |   |   |
|       Depreciation                                                                               |   |                22,648                                       |   |              22,648                                       |   |   |   |
|       Deferred compensation                                                                           |   |              (13,333)                                                 |   |                     -  |   |   |   |
|       Issuance of common stock for consulting services                                                |   |              160,000                                                  |   |                     -  |   |   |   |
| Changes in assets and liabilities:                                                                                             |   |                                                                                                                                   |   |                                                                                                                       |   |   |   |
|       Accounts receivable                                                                             |   |                25,000                                       |   |            (25,000)                                                 |   |   |   |
|       Inventory                                                                                       |   |              (28,577)                                                 |   |            120,685                                                  |   |   |   |
|       Accounts payable and accrued expenses                                                           |   |              614,510                                                  |   |            519,271                                                  |   |   |   |
|                                                                                                                           |   |                                                                                                                                   |   |                                                                                                                       |   |   |   |
|                Net cash used in operating activities     |   |              (34,239)                                                 |   |          (838,320)                                                            |   |   |   |
|                                                                                                                           |   |                                                                                                                                   |   |                                                                                                                       |   |   |   |
| Cash Flows From Financing Activities:                                                                                          |   |                                                                                                                                   |   |                                                                                                                       |   |   |   |
|    Repayments toward notes payable                                                                              |   |              (33,561)                                                 |   |            (30,836)                                                 |   |   |   |
|    Proceeds from sales of common stock                                                                          |   |                95,000                                       |   |            700,000                                                  |   |   |   |
|                                                                                                                           |   |                                                                                                                                   |   |                                                                                                                       |   |   |   |
|                Net cash provided by financing activities |   |                61,439                                       |   |            669,164                                                  |   |   |   |
|                                                                                                                           |   |                                                                                                                                   |   |                                                                                                                       |   |   |   |
|       Net increase (decrease) in cash and cash equivalents                                            |   |                27,200                                       |   |          (169,156)                                                            |   |   |   |
|                                                                                                                           |   |                                                                                                                                   |   |                                                                                                                       |   |   |   |
|       Cash and cash equivalents, beginning of period                                                  |   |                31,910                                       |   |            201,066                                                  |   |   |   |
|                                                                                                                           |   |                                                                                                                                   |   |                                                                                                                       |   |   |   |
|       Cash and cash equivalents, end of period                                                        |   |  $            59,110                                                  |   |  $          31,910                                                  |   |   |   |
|                                                                                                                           |   |                                                                                                                                   |   |                                                                                                                       |   |   |   |
| Supplemental Disclosures                                                                                                       |   |                                                                                                                                   |   |                                                                                                                       |   |   |   |
|                                                                                                                           |   |                                                                                                                                   |   |                                                                                                                       |   |   |   |
|          Cash paid during the year for interest                                        |   |  $            10,779                                                  |   |  $          13,521                                                  |   |   |   |
|          Cash paid during the year for taxes                                           |   |  $                     - |   |  $                   - |   |   |   |
|                                                                                                                           |   |                                                                                                                                   |   |                                                                                                                       |   |   |   |
|          Non-cash investing and financing activities:                                  |   |                                                                                                                                   |   |                                                                                                                       |   |   |   |
|          Extension of stock options                                                    |   |  $                     - |   |  $                   - |   |   |   |
|          Common stock issued for conversion of                                    |   |                                                                                                                                   |   |  $                   - |   |   |   |
|               accrued salary                             |   |  $                     - |   |  $                   - |   |   |   |
|          Common stock options issued for services                                 |   |  $                     - |   |  $                   - |   |   |   |
|          Common stock issued for consulting services                                   |   |  $          160,000                                                             |   |  $                   - |   |   |   |
|                                                                                                                           |   |                                                                                                                                   |   |                                                                                                                       |   |   |   |

----

----

----

----

| Warrants      |  5,389,367 |
|---------------|-----------------|
| Stock options |  4,675,000 |
|          | 10,064,367      |

----

----

|                                      |   | 2009                          | 2008                          |
|-------------------------------------------|--------|-------------------------------|-------------------------------|
| Machinery and equipment                   | $      | 495,372                       | 495,372                       |
| Furniture and fixtures                    |   |   14,498            |   14,498            |
| Autos and Trucks                          |   |     5,294 |     5,294 |
| Total                                     |   |                          |                          |
| Less:  accumulated depreciation |   | (334,218)                     | (311,570)                     |
| Fixed Assets, net                         | $      | 180,946                       | 203,594                       |

| Notes payable to finance companies, due in monthly installments of $3,695, including principal and interest at prime plus .25%  collateralized by certain equipment |   $ |   108,392 |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------|---------------------|
|                                                                                                                                                                          |          |                |
| Less current portion                                                                                                                                                          |          | (30,836)            |
| Long term debt                                                                                                                                                                | $             | 77,556              |

| Year Ending |   |    |
|-------------|--------|---------|
| 2010        | $      | 36,528  |
| 2011        |   | 39,757  |
| 2012        |   | 32,107  |
| Thereafter  |   |    |
|        | $      | 108,392 |
|        |   |    |

----

----

|                       | NumberOutstanding |   |  Range of Exercise Price |   | NumberExercisable |
|----------------------------|-------------------|--------|-------------------------------|--------|-------------------|
|                       |              |   |                          |   |              |
| Balance, December 31, 2008 | 5,589,367         |   | $0.75 - $9.00                 |   | 5,389,367         |
| Issued                     | -                 |   |                          |   | -                 |
|                       |              |   |                          |   |              |
| Balance, December 31, 2009 | 5,589,367         |   | $0.75-$9.00                   |   | 5,389,367         |

----

| ExercisePrice |   | Number Outstanding at December 31, 2009 |   | Weighted Average Remaining Contractual Life |   | Weighted Average Exercise Price |   | Number Exercisable at December 31, 2009 |   | Weighted Average Exercise Price |
|---------------|--------|-----------------------------------------|--------|---------------------------------------------|--------|---------------------------------|--------|-----------------------------------------|--------|---------------------------------|
|          |   |                                    |   |                                        |   |                            |   |                                    |   |                            |
| 0.30          |   | 45,000                                  |   | 3.25                                        |   | 0.30                            |   | 45,000                                  |   | 0.30                            |
| 0.77          |   | 200,000                                 |   | 4.25                                        |   | 0.77                            |   | 200,000                                 |   | 0.77                            |
| 0.15          |   | 2,000,000                               |   | 4.25                                        |   | 0.15                            |   | 2,000,000                               |   | 0.15                            |
| 1.00          |   | 50,000                                  |   | 3.00                                        |   | 1.00                            |   | 50,000                                  |   | 1.00                            |
| 0.71          |   | 30,000                                  |   | .25                                         |   | 0.71                            |   | 30,000                                  |   | 0.71                            |
| 0.40          |   | 2,350,000                               |   | 4.25                                        |   | 0.40                            |   | 2,350,000                          |   | 0.40                            |
|          |   | 4,675,000                               |   |                                        |   |                            |   | 4,675,000                               |   |                            |

----

|                                      |   | December 31, |
|-------------------------------------------|--------|--------------|
|                                      |   | 2009         |   | 2008 |
| Current Deferred benefit:                 | $      | 329,868      | $ | 597,750 |
|                                      |   | 329,868      |   | 597,750 |
| Valuation allowance                       |   | (329,868)    |   | (597,750) |
| (Benefit) provision for income taxes, net | $      | -            | $ | - |

|                               |   | December 31, |
|------------------------------------|--------|--------------|
|                               |   | 2009         |   | 2008 |
|                               |   |         |   |   |
| Combined statutory income tax rate |   | 40.5%        |   | 40.5% |
|                               |   |         |   |   |
| Valuation allowance                |   | (40.5)%      |   | 40.5% |
| Effective tax rate                 |   | -            |   | - |

----

|                             |   | December 31, |
|----------------------------------|--------|--------------|
|                             |   | 2009         |   |   | 2008 |
|                             |   |         |   |   |   |
| Net operating loss carry-forward |   | 4,425,730    |   |   | 4,095,863 |
| Valuation allowance              |   | (4,425,730)  |   |   | (4,095,863) |
|                             |   |         |   |   |   |
| Deferred income tax asset        | $      | -            |   | $ | - |

----