----

----

| [X]                  | QUARTERLY REPORT UNDER TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934     |
|----------------------|------------------------------------------------------------------------------------------|
|                 | FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2009                                        |
|                 |                                                                                     |
| OR                   |                                                                                     |
|                 |                                                                                     |
| [   ] | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |

----

----

----

|                                                                  |  Index |
|-----------------------------------------------------------------------|-------------|
|  FINANCIAL STATEMENTS                                            |        |
|  Consolidated Balance Sheets                                     |  F-1   |
|  Consolidated Statements of Operations                           |  F-2   |
|  Consolidated Statements of Stockholders’ Equity (Deficit) |  F-3   |
|  Consolidated Statements of Cash Flows                           |  F-4   |
|  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS                      |  F-5   |
|                                                                  |        |

----

| Neohydro Technologies Corp. and Subsidary            |                                                                                   |                                                       |                                                          |                                                                                                                |                                                                                                                |
|------------------------------------------------------|----------------------------------------------------------------------------------------|------------------------------------------------------------|---------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|
| (A Development Stage Company)                        |                                                                                   |                                                       |                                                          |                                                                                                                |                                                                                                                |
| Consolidated Balance Sheets                          |                                                                                   |                                                       |                                                          |                                                                                                                |                                                                                                                |
| (Expressed in US Dollars)                            |                                                                                   |                                                       |                                                          |                                                                                                                |                                                                                                                |
|                                                 |                                                                                   |                                                       |                                                          |                                                                                                                | September 30,                                                                                                       |   | December 31, |
|                                                 |                                                                                   |                                                       |                                                          |                                                                                                                | 2009                                                                                                                |   | 2008 |
|                                                 |                                                                                   |                                                       |                                                          |                                                                                                                | (Unaudited)                                                                                                         |   |   |
| ASSETS                                               |
| Current Assets                                       |                                                                                   |                                                       |                                                          |                                                                                                                |                                                                                                                |
|                                                 | Cash and cash equivalents                                                              |                                                       | $                                                             |                  57            | $                                                                                                                   |               2,268 |
|                                                 | Prepaid expenses (Note 9)                                                              |                                                       |                                                          |          433,334                                                       |                                                                                                                |             25,295 |
| Total current assets                                 |                                                                                   |                                                       |          433,391 |                                                                                                                |             27,563                                      |
|                                                 | Terminated license agreement costs, net of accumulated amortization and allowance |                                                       |                                                          |                                                                                                                |                                                                                                                |
|                                                 |                                                                                   | for impairment of $500,000 (Note 3)                        |                                                          |                                                                                                                |                    - |   |                      - |
| Total Assets                                         |                                                                                   | $                                                          |          433,391 | $                                                                                                                   |             27,563                                      |
|                                                 |                                                                                   |                                                       |                                                          |                                                                                                                |                                                                                                                |   |   |
| LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)       |
| Current Liabilities                                  |                                                                                   |                                                       |                                                          |                                                                                                                |                                                                                                                |
|                                                 | Accounts payable and accrued liabilities                                               |                                                       |                                                          |            58,870                                            |                                                                                                                |             31,842 |
|                                                 | Due to related parties (Note 4)                                                        |                                                       |                                                          |            80,351                                            |                                                                                                                |             16,520 |
|                                                 | Loan payable(Note 5)                                                                   |                                                       |                                                          |            35,000                                            |                                                                                                                |                      - |
|                                                 | Amount due Licensor of terminated license agreement (Note 3)                           |                                                       |                                                          |                    - |                                                                                                                |            500,000 |
| Total current liabilities                            |                                                                                   |                                                       |          174,221 |                                                                                                                |            548,362                                           |
|                                                 |                                                                                   |                                                       |                                                          |                                                                                                                |                                                                                                                |   |   |
| Commitments                                          |                                                                                   |                                                       |                                                          |                                                                                                                |                                                                                                                |
| Stockholders' Equity (Deficit)                       |                                                                                   |                                                       |                                                          |                                                                                                                |                                                                                                                |
|                                                 | Preferred Stock, $0.00001 par value;                                                   |                                                       |                                                          |                                                                                                                |                                                                                                                |   |
|                                                 |                                                                                   | authorized 100,000,000 shares, none issued and outstanding |                                                          |                    - |                                                                                                                |                      - |
|                                                 | Common Stock, $0.00001 par value;                                                      |                                                       |                                                          |                                                                                                                |                                                                                                                |   |
|                                                 |                                                                                   | authorized 800,000,000 shares,                             |                                                          |                                                                                                                |                                                                                                                |   |   |
|                                                 |                                                                                   | 73,490,000 and 73,050,000 shares issued and outstanding    |                                                          |                735                       |                                                                                                                |                  731 |
|                                                 | Additional paid-in capital                                                             |                                                       |                                                          |       1,117,765                                                                       |                                                                                                                |            142,769 |
|                                                 | Deficit accumulated during the development stage                                       |                                                       |                                                          |        (859,330)                                                                 |                                                                                                                |          (664,299) |
| Total stockholders' equity (deficit)                 |                                                                                   |                                                       |          259,170 |                                                                                                                |          (520,799)                                                     |
| Total Liabilities and Stockholders' Equity (Deficit) |                                                                                   | $                                                          |          433,391 | $                                                                                                                   |             27,563                                      |

----

| Neohydro Technologies Corp. and Subsidary        |                                        |                                                                                                                      |                                                                                                                      |                                                                                                                            |                                                                                                                            |                                                                                                                |
|--------------------------------------------------|---------------------------------------------|---------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|
| (A Development Stage Company)                    |                                        |                                                                                                                      |                                                                                                                      |                                                                                                                            |                                                                                                                            |                                                                                                                |
| Consolidated Statements of Operations            |                                        |                                                                                                                      |                                                                                                                      |                                                                                                                            |                                                                                                                            |                                                                                                                |
| (Expressed in US Dollars)                        |                                        |                                                                                                                      |                                                                                                                      |                                                                                                                            |                                                                                                                            |                                                                                                                |
| (Unaudited)                                      |                                        |                                                                                                                      |                                                                                                                      |                                                                                                                            |                                                                                                                            |                                                                                                                |
|                                             |                                        |                                                                                                                      |                                                                                                                      |                                                                                                                            |                                                                                                                            |                                                                                                                |   |   |   |   |   |   |
|                                             |                                        |                                                                                                                      |                                                                                                                      |   Three months ended  September 30, 2009                                                                    |                                                                                                                            |   Three months ended  September 30, 2008                                                        |   |   Nine months ended  September 30, 2009 |   |   Nine months ended  September 30, 2008 |   | Period from November 13, 2007 (Date of Inception) to September 30,2009 |
|                                             |                                        |                                                                                                                      |                                                                                                                      |                                                                                                                            |                                                                                                                            |                                                                                                                |   |   |   |   |   |   |
| Revenue                                          | $                                           |                     - | $                                                                                                                         |                      - | $                                                                                                                               |                    - | $ |                    - | $ |                      - |
|                                             |                                        |                                                                                                                      |                                                                                                                      |                                                                                                                            |                                                                                                                            |                                                                                                                |   |   |   |   |   |   |
|                                             |                                        |                                                                                                                      |                                                                                                                      |                                                                                                                            |                                                                                                                            |                                                                                                                |   |   |   |   |   |   |
| Costs and expenses                               |                                        |                                                                                                                      |                                                                                                                      |                                                                                                                            |                                                                                                                            |                                                                                                                |   |   |   |   |
|                                             | Stock-based compensation                    |                                                                                                                      |          433,333                                                             |                                                                                                                            |                      - |                                                                                                                |        541,666 |   |                    - |   |            541,666 |
|                                             | Other general and administrative            |                                                                                                                      |          103,986                                                             |                                                                                                                            |                      - |                                                                                                                |        116,032 |   |                    - |   |            116,032 |
|                                             |                                        |                                                                                                                      |                                                                                                                      |                                                                                                                            |                                                                                                                            |                                                                                                                |   |   |   |   |   |   |
| Total                                            |                                        |          537,319                                                             |                                                                                                                      |                      - |                                                                                                                            |        657,698                                                                   |   |                    - |   |            657,698 |
|                                             |                                        |                                                                                                                      |                                                                                                                      |                                                                                                                            |                                                                                                                            |                                                                                                                |   |   |   |   |   |   |
| Loss from continuing operations                  |                                        |       (537,319)                                                                             |                                                                                                                      |                      - |                                                                                                                            |      (657,698)                                                                             |   |                    - |   |         (657,698) |
|                                             |                                        |                                                                                                                      |                                                                                                                      |                                                                                                                            |                                                                                                                            |                                                                                                                |   |   |   |   |   |   |
| Discontinued operations (Note 7)                 |                                        |                                                                                                                      |                                                                                                                      |                                                                                                                            |                                                                                                                            |                                                                                                                |   |   |   |   |
|                                             | Gain on disposal of discontinued operations |                                                                                                                      |                     - |                                                                                                                            |                      - |                                                                                                                |        518,177 |   |                    - |   |            518,177 |
|                                             | Operations                                  |                                                                                                                      |                     - |                                                                                                                            |       (526,120)                                                                                   |                                                                                                                |        (55,510) |   |      (557,979) |   |         (719,809) |
|                                             |                                        |                                                                                                                      |                                                                                                                      |                                                                                                                            |                                                                                                                            |                                                                                                                |   |   |   |   |   |   |
| Total discontinued operations                    |                                        |                     - |                                                                                                                      |       (526,120)                                                                                   |                                                                                                                            |        462,667                                                                   |   |      (557,979) |   |         (201,632) |
|                                             |                                        |                                                                                                                      |                                                                                                                      |                                                                                                                            |                                                                                                                            |                                                                                                                |   |   |   |   |   |   |
| Net Income (loss)                                | $                                           |       (537,319)                                                                             | $                                                                                                                         |       (526,120)                                                                                   | $                                                                                                                               |      (195,031)                                                                             | $ |      (557,979) | $ |         (859,330) |
|                                             |                                        |                                                                                                                      |                                                                                                                      |                                                                                                                            |                                                                                                                            |                                                                                                                |   |   |   |   |   |   |
| Net income (loss) per share - Basic and Diluted: |                                        |                                                                                                                      |                                                                                                                      |                                                                                                                            |                                                                                                                            |                                                                                                                |   |   |   |   |
|                                             |                                        |                                                                                                                      |                                                                                                                      |                                                                                                                            |                                                                                                                            |                                                                                                                |   |   |   |   |   |   |
|                                             | Income (loss) from continuing operations    | $                                                                                                                         |             (0.01)                                            | $                                                                                                                               |                    -             | $                                                                                                                   |           (0.01) | $ |                  - |   |   |
|                                             | Discontinued operations                     |                                                                                                                      |             -                                                 |                                                                                                                            |             (0.01)                                                  |                                                                                                                |                  (0.00) |   |           (0.01) |   |   |
|                                             | Net income (loss)                           | $                                                                                                                         |             (0.01)                                            | $                                                                                                                               |             (0.01)                                                  | $                                                                                                                   |                  (0.00) | $ |            (0.01) |   |   |
|                                             |                                        |                                                                                                                      |                                                                                                                      |                                                                                                                            |                                                                                                                            |                                                                                                                |   |   |   |   |   |   |
| Weighted Average Shares Outstanding              |                                        |                                                                                                                      |                                                                                                                      |                                                                                                                            |                                                                                                                            |                                                                                                                |   |   |   |   |
|                                             | Basic and Diluted                           |                                                                                                                      | 73,490,000                                                                                                                |                                                                                                                            | 72,819,000                                                                                                                      |                                                                                                                | 70,620,000 |   | 72,806,000 |   |   |

----

| Neohydro Technologies Corp. and Subsidary                            |                                                                                                          |   |                                                                                                                      |   |
|----------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------|--------|
| (A Development Stage Company)                                        |                                                                                                          |   |                                                                                                                      |   |
| Consolidated Statements of Stockholders' Equity (Deficit)            |                                                                                                          |   |                                                                                                                      |   |
| For the Period November 13, 2007 (Inception) to September 30, 2009   |                                                                                                          |   |
| (Expressed in US Dollars)                                            |                                                                                                          |   |                                                                                                                      |   |
|                                                                 |                                                                                                          |   |                                                                                                                      |   |   |   |   |   |   |
|                                                                 |                                                                                                          |   |                                                                                                                      |   |   |   |   |   |   Deficit Accumulated |   |   |
|                                                                 |                                                                                                          |   | Common Stock, $0.00001par value                                                                                           |   |   Additional Paid-in |   |  Duringthe Development |   |   |
|                                                                 |                                                                                                          |   |  Shares                                                                                                              |   |  Amount |   | Capital |   |  Stage |   | Total |
|                                                                 |                                                                                                          |   |                                                                                                                      |   |   |   |   |   |   |   |   |
| Common shares sold for cash at $0.000125 per share                   | 40,000,000                                                                                                    | $      |                  400                 | $      | 4,600 | $ | - | $ |               5,000 |
| Common shares sold for cash at $0.00125 per share                    | 32,800,000                                                                                                    |   |                  328                 |   | 40,672 |   | - |   |             41,000 |
| Donated services                                                     |                   - |   |                  -                   |   |             1,500 |   |                  - |   |             1,500 |
| Net Loss                                                             |                   - |   |                  -                   |   |                  - |   |          (26,792) |   |        (26,792) |
| Balance - December 31, 2007                                          |       72,800,000                                                                |   |              728                                         |   |            46,772 |   |          (26,792) |   |           20,708 |
|                                                                 |                                                                                                          |   |                                                                                                                      |   |   |   |   |   |   |   |   |
| Common shares sold for cash at $0.40 per unit, less costs of $10,000 | 250,000                                                                                                       |   |                     3 |   |  89,997 |   |  - |   |             90,000 |
| Donated services                                                     |                   - |   |                  -                   |   |             6,000 |   |                  - |   |             6,000 |
| Net Loss                                                             |                   - |   |                  -                   |   |                  - |   |        (637,507) |   |      (637,507) |
| Balance - December 31, 2008                                          |       73,050,000                                                                |   |              731                                         |   |          142,769 |   |        (664,299) |   |      (520,799) |
| Unaudited:                                                      |                                                                                                          |   |                                                                                                                      |   |   |   |   |   |   |   |   |
| Common shares returned and cancelled (Note 3)                        |  (14,560,000)                                                                                            |   |                (146)                           |   | 146 |   |  - |   |                      - |
| Common shares issued pursuant to fee agreement (Note 9)              | 15,000,000                                                                                                    |   |                  150                 |   | 974,850 |   | - |   |            975,000 |
| Net Loss                                                             |                   - |   |                  -                   |   |                  - |   |        (195,031) |   |      (195,031) |
| Balance - September 30, 2009                                         |       73,490,000                                                                | $      |              735                                         | $      |       1,117,765 | $ |        (859,330) | $ |         259,170 |

----

| Neohydro Technologies Corp. and Subsidary          |                                                        |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                            |
|----------------------------------------------------|-------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------|
| (A Development Stage Company)                      |                                                        |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                            |
| Consolidated Statements of Cash Flows              |                                                        |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                            |
| (Expressed in US Dollars)                          |                                                        |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                            |
| (Unaudited)                                        |                                                        |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                            |
|                                               |                                                        |                                                                                                                |                                                                                                                |  Nine months                                                                                              |                                                                                                                |  Nine months                                                                                                               |   |  Period from November 13, 2007 |
|                                               |                                                        |                                                                                                                |                                                                                                                |  ended  September 30,                                                                                |                                                                                                                |  ended  September 30,                                                                                            |   |  (Date of Inception) to |
|                                               |                                                        |                                                                                                                |                                                                                                                |  2009                                                                                                          |                                                                                                                |   2008                                                                                                                     |   |  September 30, 2009 |
| Cash Flows from Operating Activities               |                                                        |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                            |
|                                               | Net income (loss)                                           | $                                                                                                                   |        (195,031)                                                                 | $                                                                                                                   |        (557,979)                                                                 | $                                                                                                                               |          (859,330) |
|                                               | Adjustments to reconcile net income (loss) to net cash used |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                            |   |
|                                               |                                                        | for operating activities:                                                                                           |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                            |   |   |
|                                               |                                                        | Stock-based compensation                                                                                            |                                                                                                                |          541,666                                                       |                                                                                                                |                    -             |   |            541,666 |
|                                               |                                                        | Donated services                                                                                                    |                                                                                                                |                    - |                                                                                                                |             6,000                                                   |   |               7,500 |
|                                               |                                                        | Impairment of mineral property acquisition costs                                                                    |                                                                                                                |                    - |                                                                                                                |                    -             |   |               6,500 |
|                                               |                                                        | Amortization of terminated license agreement costs                                                             |                                                                                                                |                    - |                                                                                                                |             1,096                                                   |   |               1,096 |
|                                               |                                                        | Impairment of terminated license agreement costs                                                                    |                                                                                                                |                    - |                                                                                                                |          498,904                                                                   |   |            498,904 |
|                                               |                                                        | Gain on disposal of discontinued operations                                                                         |                                                                                                                |        (518,177)                                                                 |                                                                                                                |                    -             |   |          (518,177) |
|                                               | Change in operating assets and liabilities:                 |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                            |   |
|                                               |                                                        | Prepaid expenses                                                                                                    |                                                                                                                |            25,295                                            |                                                                                                                |          (14,882)                                                                  |   |                      - |
|                                               |                                                        | Accounts payable and accrued liabilities                                                                            |                                                                                                                |            45,205                                            |                                                                                                                |            10,760                                                        |   |             77,047 |
| Net cash used for operating activities             |                                                        |        (101,042)                                                                 |                                                                                                                |          (56,101)                                                      |                                                                                                                |          (244,794)                                                                 |
|                                               |                                                        |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                            |   |   |
| Cash Flows from Investing Activities               |                                                        |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                            |
|                                               | Mineral property acquisition costs                          |                                                                                                                |                    - |                                                                                                                |                    - |                                                                                                                            |              (6,500) |
| Net cash used for investing activities             |                                                        |                    - |                                                                                                                |                    - |                                                                                                                |              (6,500)                                           |
|                                               |                                                        |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                            |   |   |
| Cash Flows from Financing Activities               |                                                        |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                            |
|                                               | Proceeds from sales of common stock - net                   |                                                                                                                |                    - |                                                                                                                |            90,000                                            |                                                                                                                            |            136,000 |
|                                               | Increase (decrease) in due to related parties               |                                                                                                                |            63,831                                            |                                                                                                                |            16,404                                            |                                                                                                                            |             80,351 |
|                                               | Increase (decrease) in loan payable                         |                                                                                                                |            35,000                                            |                                                                                                                |                    - |                                                                                                                            |             35,000 |
| Net cash provided by financing activities          |                                                        |            98,831                                            |                                                                                                                |          106,404                                                       |                                                                                                                |            251,351                                                       |
|                                               |                                                        |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                            |   |   |
| Decrease in cash                                   |                                                        |            (2,211)                                           |                                                                                                                |            50,303                                            |                                                                                                                |                   57                  |
|                                               |                                                        |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                            |   |   |
| Cash - beginning of period                         |                                                        |             2,268                                       |                                                                                                                |            20,596                                            |                                                                                                                |                      - |
|                                               |                                                        |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                            |   |   |
| Cash - end of period                               | $                                                           |                  57            | $                                                                                                                   |            70,899                                            | $                                                                                                                   |                   57                  |
|                                               |                                                        |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                            |   |   |
| Supplemental disclosures of cash flow information: |                                                        |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                            |
|                                               | Interest paid                                               |  $                                                                                                             |                    - | $                                                                                                                   |                    - | $                                                                                                                               |                      - |
|                                               | Income taxes paid                                           |  $                                                                                                             |                    - |                                                                                                                |                    - | $                                                                                                                               |                      - |
| Non cash investing and financing activities:       |                                                        |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                            |
|                                               | Acquisition of terminated license agreement in exchange     |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                            |   |
|                                               |                                                        | for liability due Licensor of license agreement                                                                     |  $                                                                                                             |                    - | $                                                                                                                   |                    -             | $ |            500,000 |
|                                               | Issuance of 15,000,000 shares of common                     |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                            |   |
|                                               |                                                        | stock for future services                                                                                           |  $                                                                                                             |          975,000                                                       | $                                                                                                                   |                    -             | $ |            975,000 |

----

| 1.   | Nature of Operations |
|----------------|----------------------|

| 2.   | Summary of Significant Accounting Policies |
|----------------|--------------------------------------------|

| a)   | Basis of Presentation |
|----------------|-----------------------|

| b)   | Interim Financial Information |
|----------------|-------------------------------|

----

| c)   | Financial Instruments and Fair Value Measures |
|----------------|-----------------------------------------------|

| d)   | Reclassifications |
|----------------|-------------------|

| d)   | Recent Accounting Pronouncements |
|----------------|----------------------------------|

----

| 3.   | Terminated Licence Agreement Costs, Net |
|----------------|-----------------------------------------|

|                          |   | September 30,2009 |   | December 31,2008 |
|-------------------------------|--------|-------------------|--------|------------------|
|                          |   |              |   |             |
| Amount due Licensor           | $      | –           | $      | 500,000          |
| Less accumulated amortization |   | –           |   | (1,096)          |
| Less allowance for impairment |   | –           |   | (498,904)        |
|                          |   |              |   |             |
| License agreement costs, net  | $      | –           | $      | –          |

In the event of failure by the Company to fulfill any of its obligations under the agreement, the agreement was terminable by the Licensor with 60 days notice. In such event, the Company was to cease the sale and distribution of the licensed products and was to return or destroy documentation relating to Licensor intellectualproperty rights. 

----

| 3.   | Terminated license Agreement Costs, Net (continued) |
|----------------|-----------------------------------------------------|

| 4.   | Related Party Balances/Transactions |
|----------------|-------------------------------------|

|                                                                               |                                            | September 30, 2009                              |                                                                                  | December 31, 2008                                                                     |
|------------------------------------------------------------------------------------|-------------------------------------------------|-------------------------------------------------|---------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------|
| Due to former chief executive officer(from November 13, 2007 to September 22,2008) |
| for advances and expenses paid on behalf of the Company                            | $                                               |   21, 123                             | $                                                                                     |      16,520                                                  |
| Due to current chief executive officer (from June 8, 2009):                        |                                            |                                            |
|   Unpaid management fees                                                 |                                            |      40,000            |                                                                                  |               - |
|   Advances and expenses paid on behalf of the Company                    |        5,828 |                                            |               - |
| Due to significant stockholder (from June 8, 2009):                                |                                            |                                            |
|   Unpaid consulting fees                                                 |                                            |        5,100 |                                                                                  |               - |
|   Advances and expenses paid on behalf of the Company                    |        8,300 |                                            |               - |
| Total                                                                              | $                                               |    $80,351                       | $                                                                                     |     16,520                                                        |

----

|                               | Number ofWarrants | Weighted AverageExercise Price |
|------------------------------------|-------------------|--------------------------------|
|                               |              |                           |
| Balance – December 31, 2008  | 250,000           | $0.40                          |
|                               |              |                           |
| Issued                             | –           | –                        |
|                               |              |                           |
| Balance – September 30, 2009 | 250,000           | $0.40                          |

| Description               | Number ofWarrants | ExercisePrice | Expiration Date    |
|---------------------------|-------------------|---------------|--------------------|
|                      |              |          |               |
| Issued September 23, 2008 | 250,000           | $0.40         | September 23, 2011 |
|                      |              |          |               |
| Total                     | 250,000           |          |               |
|                      |              |          |               |

| 7.   | Discontinued Operations |
|----------------|-------------------------|

| Discharge of amount due to Licensor of terminated license agreement |   | $   500,000 |   |
|---------------------------------------------------------------------|--------|----------------------------|--------|
| Discharge of accounts payable and accrued liabilities               |   | 18,177                     |   |
|                                                                |   |                       |   |
| Total                                                               |   | $   518,177 |   |

----

|                                    |   | Three MonthsEndedSeptember 30, |    |   | Three MonthsEndedSeptember 30, |   |     | Nine MonthsEndedSeptember 30, |   |   | Nine MonthsEndedSeptember 30, |   |   | Period fromNovember 13,2007 (Date ofInception) toSeptember 30, |     |
|-----------------------------------------|--------|--------------------------------|---------|--------|--------------------------------|--------|----------|-------------------------------|--------|--------|-------------------------------|--------|--------|----------------------------------------------------------------|----------|
|                                    |   | 2009                           |    |   | 2008                           |   |     | 2009                          |   |   | 2008                          |   |   | 2009                                                           |     |
|                                    |   |                           |    |   |                           |   |     |                          |   |   |                          |   |   |                                                           |     |
| Revenue                                 |   | $                              | – |   |                           | $      | –  |                          |   | $      | –                       |   |   | $                                                              | –  |   |   | $ | – |   |
|                                    |   |                           |    |   |                           |   |     |                          |   |   |                          |   |   |                                                           |     |   |   |   |   |   |
|                                    |   |                           |    |   |                           |   |     |                          |   |   |                          |   |   |                                                           |     |   |   |   |   |   |
| Costs and expenses                      |   |                           |    |   |                           |   |     |                          |   |   |                          |   |   |                                                           |     |   |   |   |   |   |
| Amortization of license agreement costs |   |                           | – |   |                           |   | 1,096    |                          |   |   | –                       |   |   |                                                           | 1,096    |   |   |   | 1,096 |   |
| Impairment of license agreement costs   |   |                           | – |   |                           |   | 498,904  |                          |   |   | –                       |   |   |                                                           | 498,904  |   |   |   | 498,904 |   |
| General and administrative              |   |                           | – |   |                           |   | 26,120   |                          |   |   | 55,510                        |   |   |                                                           | 57,979   |   |   |   | 219,809 |   |
|                                    |   |                           |    |   |                           |   |     |                          |   |   |                          |   |   |                                                           |     |   |   |   |   |   |
| Total costs and expenses                |   |                           | – |   |                           |   | 526,120  |                          |   |   | 55,510                        |   |   |                                                           | 557,979  |   |   |   | 719,809 |   |
|                                    |   |                           |    |   |                           |   |     |                          |   |   |                          |   |   |                                                           |     |   |   |   |   |   |
| Net Loss                                |   | $                              | – |   |                           | $      | (526,120 | )                             |   | $      | (55,510                       | )      |   | $                                                              | (557,979 | ) |   | $ | (719,809 | ) |

| 8.   | Income Taxes |
|----------------|--------------|

|                             |   | September 30,2009 |     |   | December 31,2008 |   |
|----------------------------------|--------|-------------------|----------|--------|------------------|--------|
|                             |   |              |     |   |             |   |
| Net operating loss carry-forward |   | $                 | 105,456  |   |             | $      | 53,684 |   |
|                             |   |              |     |   |             |   |   |   |
| Valuation allowance              |   |              | (105,456 | )      |             |   | (53,684 | ) |
|                             |   |              |     |   |             |   |   |   |
| Net deferred income tax assets   |   | $                 | –  |   |             | $      | – |   |

----

| 8.   | Income Taxes (continued) |
|----------------|--------------------------|

|                                                               |   | Nine Months Ended |     |
|--------------------------------------------------------------------|--------|-------------------|----------|
|                                                               |   | September 30,2009 |     |   | September 30,2008 |   |
|                                                               |   |              |     |   |   |   |
| Expected income tax expense (benefit) at 34%                       |   | $                 | (66,311  | ) |   | $ | (189,713 | ) |
| Non-taxable portion of gain on disposal of discontinued operations |   |              | (169,627 | ) |   |   | – |   |
| Non-deductible stock-based compensation                            |   |              | 184,166  |   |   |   | – |   |
| Non-deductible provision for impairment of license agreement costs |   |              | –  |   |   |   | 169,627 |   |
| Non-deductible donated services                                    |   |              | –  |   |   |   | 2,040 |   |
|                                                               |   |              |     |   |   |   |   |   |
| Change in valuation allowance                                      |   |              | 51,772   |   |   |   | 18,046 |   |
|                                                               |   |              |     |   |   |   |   |   |
| Provision for (benefit from) income taxes                          |   | $                 | –  |   |   | $ | – |   |

| 9.   | Commitments and Contingencies |
|----------------|-------------------------------|

| a)   | On June 8, 2009, the Company entered into a licensing agreement with Gene Peckover, a sole proprietor as president of Gene Vettes of Lynden, a Washington corporation (the “GIHS Licensor”) to be formed, wherein Licensor granted to the Company an exclusive license covering the territory of Canada and other such territories that shall be mutuallyagreed upon and the right to market and sell an environmental fuel efficient turbo technology called Green Interactive Hybrid System (“GIHS”).  The term of the license is three years subject to the following: |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 1. | The Company must purchase and have operational a demonstration GIHS by December 31, 2009. |
|--------|----|-------------------------------------------------------------------------------------------|
|   | 2. | The Company must sell at least 3 GIHS units by December 31, 2009.                         |
|   | 3. | The Company must sell at least 25 GIHS units by December 31, 2010.                        |
|   | 4. | The Company must sell at least 200 GIHS units by December 31, 2011.                       |
|   | 5. | The Company must sell at least 500 GIHS units by December 31, 2012.                       |

----

| b)   | On June 8, 2009, the Company entered into a fee agreement with Michael Kulcheski and Harry Gelbard wherein the Company agreed to issue Kulcheski 9,000,000 restricted shares of common stock and Gelbard 6,000,000 restricted shares of common stock in consideration of Kulcheski and Gelbard using reasonable commercial efforts to sell, market, distribute, andmanufacture the GIHS license granted to the Company by the GIHS Licensor and to manage the development of our technology. |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.   | Subsequent Events |
|-----------------|-------------------|

| a)   | On October 1, 2009, the Company completed a private placement of its common stock pursuant to Regulation S of the Securities Act of 1933 (the “Act”).  500,000 units were sold to one corporation at a price of $0.20 per unit for $100,000 proceeds.   Each unit consisted of one share of common stock; one series A warrant;and one series B warrant.  Each series A warrant is convertible into one share of common stock at a conversion price of $0.10 per warrant and each series B warrant is convertible into one share of common stock at a conversion price of $0.08 per warrant.  The series A warrants are exercisable for a period of 36 months from October 1, 2009 and the series B warrants are exercisable for a period of 48 months from October 1, 2009. The transaction took place outside the United States of Americaand the purchaser was a non-US corporation as defined in Regulation S of the Act. |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| b)   | The Company has evaluated subsequent events through the filing date of this Form 10-Q and has determined that there were no additional subsequent events to recognize or disclose in these financial statements. |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | 1. | The Company must purchase and have operational one demonstration GIHS by December 31, 2009. |
|--------|----|---------------------------------------------------------------------------------------------|
|   | 2. | The Company must sell at least three GIHS units by December 31, 2009.                       |
|   | 3. | The Company must sell at least twenty-five GIHS units by December 31, 2010.                 |
|   | 4. | The Company must sell at least two hundred GIHS units by December 31, 2011.                 |
|   | 5. | The Company must sell at least five hundred GIHS units by December 31, 2012.                |

----

----

----

|   | 1. | The Company must purchase and have operational one demonstration GIHS by December 31, 2009. |
|--------|----|---------------------------------------------------------------------------------------------|
|   | 2. | The Company must sell at least three GIHS units by December 31, 2009.                       |
|   | 3. | The Company must sell at least twenty-five GIHS units by December 31, 2010.                 |
|   | 4. | The Company must sell at least two hundred GIHS units by December 31, 2011.                 |
|   | 5. | The Company must sell at least five hundred GIHS units by December 31, 2012.                |

----

| Discharge of amount due to Licensor of license agreement | $   500,000 |
|----------------------------------------------------------|----------------------------|
| Discharge of accounts payable and accrued liabilities    | 18,177                     |
| Total                                                    | $   518,177 |

|                                    | Three MonthsEndedSeptember 30,                                                   | Three MonthsEndedSeptember 30,                                       | Nine MonthsEndedSeptember 30,                                                    | Nine MonthsEndedSeptember 30,                                                          | Period fromNovember 13,2007 (Date ofInception) toSeptember 30,                         |   |
|-----------------------------------------|----------------------------------------------------------------------------------|----------------------------------------------------------------------|----------------------------------------------------------------------------------|----------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------|--------|
|                                    | 2009                                                                             | 2008                                                                 | 2009                                                                             | 2008                                                                                   | 2009                                                                                   |   |
|                                    |                                                                             |                                                                 |                                                                             |                                                                                   |                                                                                   |   |
| Revenue                                 | $            – | $          – | $            – | $             – | $             – |   |
|                                    |                                                                             |                                                                 |                                                                             |                                                                                   |                                                                                   |   |
| Costs and expenses                      |                                                                             |                                                                 |                                                                             |                                                                                   |                                                                                   |   |
| Amortization of licence agreement costs | –                                                                          | 1,096                                                                | –                                                                          | 1,096                                                                                  | 1,096                                                                                  |   |
| Impairment of licence agreement costs   | –                                                                          | 498,904                                                              | –                                                                          | 498.904                                                                                | 498,904                                                                                |   |
| General and administrative              | –                                                                          | 26,120                                                               | 55,510                                                                           | 57,979                                                                                 | 219,809                                                                                |   |
| Total costs and expenses                | –                                                                          | 526,120                                                              | 55,510                                                                           | 579,979                                                                                | 719,809                                                                                |   |
| Net Loss                                | $            – | $ (526,120)                                                          | $(55,510)                                                                        | $(579,979)                                                                             | $ (719,809)                                                                            |   |

----

----

----

|   | 1. | The Company must purchase and have operational a demonstration GIHS by December 31, 2009. |
|--------|----|-------------------------------------------------------------------------------------------|
|   | 2. | The Company must sell at least 3 GIHS units by December 31, 2009.                         |
|   | 3. | The Company must sell at least 25 GIHS units by December 31, 2010.                        |
|   | 4. | The Company must sell at least 200 GIHS units by December 31, 2011.                       |
|   | 5. | The Company must sell at least 500 GIHS units by December 31, 2012.                       |

----

----

----

| ITEM 3. | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK. |
|---------|-------------------------------------------------------------|

| ITEM 4. | CONTROLS AND PROCEDURES. |
|---------|--------------------------|

| ITEM 1A. | RISK FACTORS |
|----------|--------------|

| ITEM 6. | EXHIBITS. |
|---------|-----------|

| Exhibit No. | Document Description                                                                                                                    |
|-------------|-----------------------------------------------------------------------------------------------------------------------------------------|
|        |                                                                                                                                    |
| 31.1        | Certification of Principal Executive Officer and Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
|        |
| 32.1        | Certification of Chief Executive Officer and Chief Financial Officer pursuant to section 906 of the Sarbanes-Oxley Act of 2002.         |

----

|   | NEOHYDRO TECHNOLOGIES CORP. |
|--------|-----------------------------|
|   |                        |   |
|   | BY:                         | MICHAEL R. KULCHESKI |
|   |                        | Michael R. Kulcheski, President, Principal Executive Officer, Secretary, Treasurer, Principal Financial Officer, Principal Accounting Officer and sole member of the Board of Directors. |

----

| Exhibit No. | Document Description                                                                                                                    |
|-------------|-----------------------------------------------------------------------------------------------------------------------------------------|
|        |                                                                                                                                    |
| 31.1        | Certification of Principal Executive Officer and Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
|        |
| 32.1        | Certification of Chief Executive Officer and Chief Financial Officer pursuant to section 906 of the Sarbanes-Oxley Act of 2002.         |

----