UNITED STATES

| Delaware                             | 90-0535563               |
|--------------------------------------|--------------------------|
| (State      or other jurisdiction of | (I.R.S.      Employer    |
| incorporation      or organization)  | Identification      No.) |

| Large      accelerated filer o                     | Accelerated      Filer                        o |
|----------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------|
| Non-accelerated      filer   o           | Smaller      reporting company  x                                                                                                    |
| (do      not check if a smaller reporting company) |                                                                                                                                      |

| Class                                     |   | Outstanding      atMarch      31, 2010 |       |
|-------------------------------------------|--------|----------------------------------------|------------|
| Common      Stock, par value $0.0001      |   |                                   | 31,340,000 |   |
|                                      |   |                                   |       |   |
| Documents      incorporated by reference: |   | None                                   |       |

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|                                                                                                                                                     |   | As      of     |    |   |              |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------|---------|--------|-------------------|--------|
|                                                                                                                                                     |   | March      31, |    |   | December      31, |   |
|                                                                                                                                                     |   | 2010           |    |   | 2009              |   |
| ASSETS                                                                                                                                                   |   | (Unaudited)    |    |   | (      Audited)   |   |
|                                                                                                                                                     |   |           |    |   |              |   |
| Current      Assets                                                                                                                                      |   |           |    |   |              |   |
| Cash                                                                                                                                                     |   | $              | 4,100   |   |              | $      | — |   |
|                                                                                                                                                     |   |           |    |   |              |   |   |   |
| Total      Current Assets                                                                                                                                |   |           | 4,100   |   |              |   | — |   |
|                                                                                                                                                     |   |           |    |   |              |   |   |   |
| TOTAL      ASSETS                                                                                                                                        |   | $              | 4,100   |   |              | $      | — |   |
|                                                                                                                                                     |   |           |    |   |              |   |   |   |
| LIABILITIES      & STOCKHOLDERS' EQUITY (DEFICIT)                                                                                                    |   |           |    |   |              |   |   |   |
|                                                                                                                                                     |   |           |    |   |              |   |   |   |
| Current      Liabilities                                                                                                                                 |   | $              | 4,000   |   |              | $      | — |   |
|                                                                                                                                                     |   |           |    |   |              |   |   |   |
| Total      Current Liabilities                                                                                                                           |   |           | 4,000   |   |              |   | — |   |
|                                                                                                                                                     |   |           |    |   |              |   |   |   |
| TOTAL      LIABILITIES                                                                                                                                   |   |           | 4,000   |   |              |   | — |   |
|                                                                                                                                                     |   |           |    |   |              |   |   |   |
| Stockholders'      Equity (Deficit)                                                                                                                      |   |           |    |   |              |   |   |   |
|                                                                                                                                                     |   |           |    |   |              |   |   |   |
| Preferred      stock, ($.0001 par value, 20,000,000 shares authorized; none issued      and outstanding.)                                           |   |           | — |   |              |   | — |   |
|                                                                                                                                                     |   |           |    |   |              |   |   |   |
| Common      stock ($.0001 par value, 250,000,000 shares authorized; 31,340,000      shares issued and outstanding as of September 30,    2009) |   |           | 3,134   |   |              |   | 3,134 |   |
|                                                                                                                                                     |   |           |    |   |              |   |   |   |
| Capital      contribution                                                                                                                                |   |           | 9,100   |   |              |   | — |   |
|                                                                                                                                                     |   |           |    |   |              |   |   |   |
| Deficit      accumulated during development stage                                                                                                        |   |           | (12,134 | )      |              |   | (3,134 | ) |
|                                                                                                                                                     |   |           |    |   |              |   |   |   |
| Total      Stockholders' Equity (Deficit)                                                                                                                |   |           | — |   |              |   | — |   |
|                                                                                                                                                     |   |           |    |   |              |   |   |   |
| TOTAL      LIABILITIES & STOCKHOLDERS'      EQUITY (DEFICIT)                                                                                    |   |           | 100     |   |              |   |   |   |
|                                                                                                                                                     |   |           |    |   |              |   |   |   |
|                                                                                                                                                     |   | $              | 4,100   |   |              | $      | — |   |

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|                                                                                  |   | For      the 3-MonthsEndedMarch      31, 2010 |       |   | For      the 3-MonthsEndedMarch      31, 2009 |   |       | Cumulative fromJuly      24, 2008(inception)      toMarch      31, 2010 |   |
|---------------------------------------------------------------------------------------|--------|----------------------------------------------------|------------|--------|----------------------------------------------------|--------|------------|------------------------------------------------------------------------------|--------|
|                                                                                  |   |                                               |       |   |                                               |   |       |                                                                         |   |
| REVENUE                                                                               |   |                                               |       |   |                                               |   |       |                                                                         |   |   |   |   |
|                                                                                  |   |                                               |       |   |                                               |   |       |                                                                         |   |   |   |   |
| Sales                                                                                 |   | $                                                  | —    |   |                                               | $      | —    |                                                                         |   | $ | — |   |
|                                                                                  |   |                                               |       |   |                                               |   |       |                                                                         |   |   |   |   |
| Cost      of sales                                                                    |   |                                               | —    |   |                                               |   | —    |                                                                         |   |   | — |   |
|                                                                                  |   |                                               |       |   |                                               |   |       |                                                                         |   |   |   |   |
| GROSS      PROFIT                                                                     |   |                                               | —    |   |                                               |   | —    |                                                                         |   |   | — |   |
|                                                                                  |   |                                               |       |   |                                               |   |       |                                                                         |   |   |   |   |
| OPERATING      COSTS AND EXPENSES                                                     |   |                                               |       |   |                                               |   |       |                                                                         |   |   |   |   |
|                                                                                  |   |                                               |       |   |                                               |   |       |                                                                         |   |   |   |   |
| ORGANIZATION      AND RELATED EXPENSES                                                |   |                                               | 9,000      |   |                                               |   | —    |                                                                         |   |   | 12,134 |   |
|                                                                                  |   |                                               |       |   |                                               |   |       |                                                                         |   |   |   |   |
| TOTAL      OPERATING COST AND EXPENSES                                                |   |                                               | —    |   |                                               |   | —    |                                                                         |   |   | 12,134 |   |
|                                                                                  |   |                                               |       |   |                                               |   |       |                                                                         |   |   |   |   |
| NET      INCOME (LOSS)                                                                |   |                                               | (9,000     | )      |                                               |   | —    |                                                                         |   |   | (12,134 | ) |
|                                                                                  |   |                                               |       |   |                                               |   |       |                                                                         |   |   |   |   |
| NET      EARNINGS PER SHARE                                                           |   |                                               |       |   |                                               |   |       |                                                                         |   |   |   |   |
|                                                                                  |   |                                               |       |   |                                               |   |       |                                                                         |   |   |   |   |
| Basic      and Diluted                                                                |   |                                               |       |   |                                               |   |       |                                                                         |   |   |   |   |
| Net      loss per share                                                               |   |                                               | —    |   |                                               |   | —    |                                                                         |   |   | (0.00 | ) |
|                                                                                  |   |                                               |       |   |                                               |   |       |                                                                         |   |   |   |   |
| Basic      and Diluted Weighted Average Number of Common Shares      Outstanding |   |                                               | 31,340,000 |   |                                               |   | 31,340,000 |                                                                         |   |   | 31,340,000 |   |

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INNOVATIVEWIRELESS TECHNOLOGIES, INC.

|                                                                             |   | Common Stock |       |   | Common Stock Amount |   |    | Additional Paid-in Capital |   |   | Deficit Accumulated During Development Stage |   |   | Total  |    |
|----------------------------------------------------------------------------------|--------|-------------------|------------|--------|-------------------------------|--------|---------|--------------------------------------|--------|--------|------------------------------------------------------------------|--------|--------|--------|---------|
|                                                                             |   |              |       |   |                          |   |    |                                 |   |   |                                                             |   |   |   |    |
| July      24, 2008 Shares issued for services at $.0001 per      share |   |              | 31,340,000 |   |                          | $      | 3,134   |                                 |   | $      | —                                                          |   |   | $      | — |   |   | $ | 3,134 |   |
|                                                                             |   |              |       |   |                          |   |    |                                 |   |   |                                                             |   |   |   |    |   |   |   |   |   |
| Net      loss                                                                    |   |              |       |   |                          |   |    |                                 |   |   |                                                             |   |   |   | (3,134  | ) |   |   | (3,134 | ) |
|                                                                             |   |              |       |   |                          |   |    |                                 |   |   |                                                             |   |   |   |    |   |   |   |   |   |
| Balance,      December 31, 2008                                                  |   |              | 31,340,000 |   |                          | $      | 3,134   |                                 |   | $      | —                                                          |   |   | $      | (3,134  | ) |   | $ | — |   |
|                                                                             |   |              |       |   |                          |   |    |                                 |   |   |                                                             |   |   |   |    |   |   |   |   |   |
| Net      loss                                                                    |   |              | —    |   |                          |   | — |                                 |   |   | —                                                          |   |   |   | — |   |   |   | — |   |
|                                                                             |   |              |       |   |                          |   |    |                                 |   |   |                                                             |   |   |   |    |   |   |   |   |   |
| Balance,      December 31, 2009                                                  |   |              | 31,340,000 |   |                          | $      | 3,134   |                                 |   | $      | —                                                          |   |   | $      | (3,134  | ) |   | $ | — |   |
|                                                                             |   |              |       |   |                          |   |    |                                 |   |   |                                                             |   |   |   |    |   |   |   |   |   |
| Capital      contribution                                                        |   |              |       |   |                          |   |    |                                 |   |   | 9,100                                                            |   |   |   |    |   |   |   | 9,100 |   |
|                                                                             |   |              |       |   |                          |   |    |                                 |   |   |                                                             |   |   |   |    |   |   |   |   |   |
| Net      loss for the 1st      quarter 2010                                      |   |              | —    |   |                          |   | — |                                 |   |   | —                                                          |   |   |   | (9,000  | ) |   |   | (9,000 | ) |
|                                                                             |   |              |       |   |                          |   |    |                                 |   |   |                                                             |   |   |   |    |   |   |   |   |   |
| Balance,      March 31, 2010                                                     |   |              | 31,340,000 |   |                          | $      | 3,134   |                                 |   | $      | 9,100                                                            |   |   | $      | (12,134 | ) |   | $ | 100 |   |

----

|                                           |   | For      the 3-MonthsEndedMarch      31, 2010 |    |   | For      the 3-MonthsEndedMarch      31, 2009 |   |    | For      the Period July      24, 2008 (Inception) toSeptember 30,      2009 |   |
|------------------------------------------------|--------|---------------------------------------------------------|---------|--------|---------------------------------------------------------|--------|---------|------------------------------------------------------------------------------------------------------------|--------|
| CASH      FLOWS FROM OPERATING ACTIVITIES      |   |                                                    |    |   |                                                    |   |    |                                                                                                       |   |
|                                           |   |                                                    |    |   |                                                    |   |    |                                                                                                       |   |
| Net      income (loss)                         |   | $                                                       | (9,000  | )      |                                                    | $      | — |                                                                                                       |   | $ | (12,134 | ) |
|                                           |   |                                                    |    |   |                                                    |   |    |                                                                                                       |   |   |   |   |
| Changes      in working capital                |   |                                                    | 4,000   |   |                                                    |   | — |                                                                                                       |   |   | 7,134 |   |
|                                           |   |                                                    |    |   |                                                    |   |    |                                                                                                       |   |   |   |   |
| NET      CASH PROVIDED OR (USED) IN OPERATIONS |   |                                                    | (5,000  | )      |                                                    |   | — |                                                                                                       |   |   | (5,000 | ) |
|                                           |   |                                                    |    |   |                                                    |   |    |                                                                                                       |   |   |   |   |
| CASH      FLOWS FROM INVESTING ACTIVITIES      |   |                                                    |    |   |                                                    |   |    |                                                                                                       |   |   |   |   |
|                                           |   |                                                    |    |   |                                                    |   |    |                                                                                                       |   |   |   |   |
| None                                           |   |                                                    | — |   |                                                    |   | — |                                                                                                       |   |   | — |   |
|                                           |   |                                                    |    |   |                                                    |   |    |                                                                                                       |   |   |   |   |
| CASH      FLOWS FROM FINANCING ACTIVITIES      |   |                                                    |    |   |                                                    |   |    |                                                                                                       |   |   |   |   |
|                                           |   |                                                    |    |   |                                                    |   |    |                                                                                                       |   |   |   |   |
| Capital      contribution                      |   |                                                    | 9,100   |   |                                                    |   | — |                                                                                                       |   |   | 9,100 |   |
|                                           |   |                                                    |    |   |                                                    |   |    |                                                                                                       |   |   |   |   |
| CASH      RECONCILIATION                       |   |                                                    |    |   |                                                    |   |    |                                                                                                       |   |   |   |   |
|                                           |   |                                                    |    |   |                                                    |   |    |                                                                                                       |   |   |   |   |
| Net      increase (decrease) in cash           |   |                                                    | 4,100   |   |                                                    |   | — |                                                                                                       |   |   | 4,100 |   |
|                                           |   |                                                    |    |   |                                                    |   |    |                                                                                                       |   |   |   |   |
| Beginning      cash balance                    |   |                                                    | — |   |                                                    |   | — |                                                                                                       |   |   | — |   |
|                                           |   |                                                    |    |   |                                                    |   |    |                                                                                                       |   |   |   |   |
| CASH      BALANCE AT END OF PERIOD             |   | $                                                       | 4,100   |   |                                                    | $      | — |                                                                                                       |   | $ | 4,100 |   |

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| 31 | Certification      of the Chief Executive Officer and Chief Financial Officer pursuant to      Section 302 of the Sarbanes-Oxley Act of2002 |
|----|---------------------------------------------------------------------------------------------------------------------------------------------|

| 32 | Certification      of the Chief Executive Officer and Chief Financial Officer pursuant to      Section 906 of the Sarbanes-Oxley Act of2002 |
|----|---------------------------------------------------------------------------------------------------------------------------------------------|

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| NAME                   |   | OFFICE                           |   | DATE              |
|------------------------|--------|----------------------------------|--------|-------------------|
|                   |   |                             |   |              |
|                   |   |                             |   |              |
| /s/      Pavel Alpatov |   | President                        |   | May      17, 2010 |
| Pavel      Alpatov     |   | Principal      Executive Officer |   |              |
|                   |   | Principal      Financial Officer |   |              |

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