| (MARK ONE)                                                                   |                                                                                               |
|------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------|
| x                                                                            | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  |
|                                                                         |                                                                                               |
| FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2011                                 |
|                                                                         |
| OR                                                                           |
|                                                                         |
| o                                                                            | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|                                                                         |                                                                                               |
| FOR THE TRANSITION PERIOD FROM __________________ TO _______________________ |

| Delaware(State or Other Jurisdiction ofIncorporation or Organization)                                                        | 20-0587718(I.R.S. EmployerIdentification Number) |
|------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------|
|  4751 Wilshire Blvd., 3rd FloorLos Angeles, California 90010(Address of Principal Executive Offices including Zip Code) |
|  (310) 601-2500(Registrant’s Telephone Number, Including Area Code)                                          |
|  N/A(Former address and telephone number, if changed since last report)                                                 |

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

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|                                                                                                |   | Page   |
|-----------------------------------------------------------------------------------------------------|--------|--------|
| PART I – FINANCIAL INFORMATION                                                                |   |   |
| Item 1. Financial Statements (unaudited)                                                            |   | 1      |
| Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations |   | 22     |
| Item 3. Quantitative and Qualitative Disclosures about Market Risk                                  |   | 25     |
| Item 4. Controls and Procedures                                                                     |   | 25     |
| PART II – OTHER INFORMATION                                                                   |   | 27     |
| Item 1 – Legal Proceedings                                                                    |   | 27     |
| Item 1A – Risk Factors                                                                        |   | 27     |
| Item 2 – Unregistered Sales of Equity Securities and Use of Proceeds                          |   | 27     |
| Item 3 – Defaults Upon Senior Securities                                                      |   | 27     |
| Item 4 – (Reserved)                                                                           |   | 27     |
| Item 5 – Other Information                                                                    |   | 27     |
| Item 6 – Exhibits                                                                             |   | 27     |

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| Contents                                                                                                  |   | Page(s) |
|-----------------------------------------------------------------------------------------------------------|--------|---------|
|                                                                                                      |   |    |   |
| Balance Sheets at June 30, 2011 (Unaudited) and December 31, 2010                                         |   |    | 2 |
|                                                                                                      |   |    |   |
| Statements of Operations for the Three and Six Months Ended June 30, 2011 and 2010 (Unaudited)       |   |    | 3 |
|                                                                                                      |   |    |   |
| Statement of Stockholders’ Equity (Deficit) for the Six Months Ended June 30, 2011 (Unaudited) |   |    | 4 |
|                                                                                                      |   |    |   |
| Statements of Cash Flows for the Six Months Ended June 30, 2011 and 2010 (Unaudited)                 |   |    | 5 |
|                                                                                                      |   |    |   |
| Notes to the Financial Statements (Unaudited)                                                             |   |    | 6 |

----

|                                                               |   | June 30, 2011 |       |   | December 31, 2010 |   |
|--------------------------------------------------------------------|--------|---------------|------------|--------|-------------------|--------|
|                                                               |   | (Unaudited)   |       |   |              |   |
| ASSETS                                                             |   |          |       |   |              |   |
| CURRENT ASSETS:                                                    |   |          |       |   |              |   |
| Cash                                                               |   | $             | 528,959    |   |              | $      | 527,993 |   |
|                                                               |   |          |       |   |              |   |   |   |
| Total Current Assets                                               |   |          | 528,959    |   |              |   | 527,993 |   |
|                                                               |   |          |       |   |              |   |   |   |
| OFFICE EQUIPMENT:                                                  |   |          |       |   |              |   |   |   |
| Office equipment                                                   |   |          | 11,458     |   |              |   | 11,458 |   |
| Accumulated depreciation                                           |   |          | (1,705     | )      |              |   | (559 | ) |
|                                                               |   |          |       |   |              |   |   |   |
| Office Equipment, net                                              |   |          | 9,753      |   |              |   | 10,899 |   |
|                                                               |   |          |       |   |              |   |   |   |
| Total Assets                                                       |   | $             | 538,712    |   |              | $      | 538,892 |   |
|                                                               |   |          |       |   |              |   |   |   |
| LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)                     |   |          |       |   |              |   |   |   |
| CURRENT LIABILITIES:                                               |   |          |       |   |              |   |   |   |
| Accounts payable                                                   |   | $             | 94,507     |   |              | $      | - |   |
| Accrued expenses                                                   |   |          | 16,821     |   |              |   | 28,714 |   |
| Accrued expenses - related party                                   |   |          | 11,261     |   |              |   | 65,007 |   |
| Notes payable, net of discount                                     |   |          | 769,379    |   |              |   | 187,500 |   |
| Note payable - director, net of discount                           |   |          | 243,750    |   |              |   | 187,500 |   |
|                                                               |   |          |       |   |              |   |   |   |
| Total Current Liabilities                                          |   |          | 1,135,718  |   |              |   | 468,721 |   |
|                                                               |   |          |       |   |              |   |   |   |
| LONG-TERM SERVICE ARRANGEMENT - STOCKHOLDER                        |   |          | 166,666    |   |              |   | - |   |
|                                                               |   |          |       |   |              |   |   |   |
| Total Liabilities                                                  |   |          | 1,302,384  |   |              |   | 468,721 |   |
|                                                               |   |          |       |   |              |   |   |   |
| STOCKHOLDERS' EQUITY (DEFICIT):                                    |   |          |       |   |              |   |   |   |
| Preferred stock at $0.0001 par value: 1,000,000 shares authorized, |   |          |       |   |              |   |   |   |
| none issued or outstanding                                         |   |          | -          |   |              |   | - |   |
| Common stock at $0.0001 par value: 20,000,000 shares authorized,   |   |          |       |   |              |   |   |   |
| 4,188,000 shares issued and outstanding                            |   |          | 419        |   |              |   | 419 |   |
| Additional paid-in capital                                         |   |          | 632,424    |   |              |   | 319,090 |   |
| Accumulated deficit                                                |   |          | (1,396,515 | )      |              |   | (249,338 | ) |
|                                                               |   |          |       |   |              |   |   |   |
| Total Stockholders' Equity (Deficit)                               |   |          | (763,672   | )      |              |   | 70,171 |   |
|                                                               |   |          |       |   |              |   |   |   |
| Total Liabilities and Stockholders' Equity (Deficit)               |   | $             | 538,712    |   |              | $      | 538,892 |   |

| See accompanying notes to the financial statements. |
|-----------------------------------------------------|

----

|                                       |   | For the Three Months |      |   | For the Three Months |   |      | For the Six Months |   |   | For the Six Months |   |
|--------------------------------------------|--------|----------------------|-----------|--------|----------------------|--------|-----------|--------------------|--------|--------|--------------------|--------|
|                                       |   | Ended                |      |   | Ended                |   |      | Ended              |   |   | Ended              |   |
|                                       |   | June 30, 2011        |      |   | June 30, 2010        |   |      | June 30, 2011      |   |   | June 30, 2010      |   |
|                                       |   | (Unaudited)          |      |   | (Unaudited)          |   |      | (Unaudited)        |   |   | (Unaudited)        |   |
|                                       |   |                 |      |   |                 |   |      |               |   |   |               |   |
| NET REVENUES                               |   | $                    | -         |   |                 | $      | -         |               |   | $      | -                  |   |   | $ | - |   |
|                                       |   |                 |      |   |                 |   |      |               |   |   |               |   |   |   |   |   |
| COST OF GOODS SOLD                         |   |                 | -         |   |                 |   | -         |               |   |   | -                  |   |   |   | - |   |
|                                       |   |                 |      |   |                 |   |      |               |   |   |               |   |   |   |   |   |
| GROSS PROFIT                               |   |                 | -         |   |                 |   | -         |               |   |   | -                  |   |   |   | - |   |
|                                       |   |                 |      |   |                 |   |      |               |   |   |               |   |   |   |   |   |
| OPERATING EXPENSES:                        |   |                 |      |   |                 |   |      |               |   |   |               |   |   |   |   |   |
| Consulting fees                            |   |                 | 118,630   |   |                 |   | -         |               |   |   | 118,630            |   |   |   | - |   |
| Management service - stockholder           |   |                 | 203,333   |   |                 |   | -         |               |   |   | 406,666            |   |   |   | - |   |
| Professional fees                          |   |                 | 75,634    |   |                 |   | 9,786     |               |   |   | 93,677             |   |   |   | 14,786 |   |
| Officer's compensation                     |   |                 | 1,042     |   |                 |   | -         |               |   |   | 2,084              |   |   |   | - |   |
| General and administrative expenses        |   |                 | 17,121    |   |                 |   | -         |               |   |   | 57,549             |   |   |   | - |   |
|                                       |   |                 |      |   |                 |   |      |               |   |   |               |   |   |   |   |   |
| Total operating expenses                   |   |                 | 415,760   |   |                 |   | 9,786     |               |   |   | 678,606            |   |   |   | 14,786 |   |
|                                       |   |                 |      |   |                 |   |      |               |   |   |               |   |   |   |   |   |
| LOSS FROM OPERATIONS                       |   |                 | (415,760  | )      |                 |   | (9,786    | )                  |   |   | (678,606           | )      |   |   | (14,786 | ) |
|                                       |   |                 |      |   |                 |   | -         |               |   |   |               |   |   |   |   |   |
| OTHER (INCOME) EXPENSE:                    |   |                 |      |   |                 |   |      |               |   |   |               |   |   |   |   |   |
| Provision for loan loss                    |   |                 | 250,000   |   |                 |   | -         |               |   |   | 250,000            |   |   |   | - |   |
| Amortization of notes payable discount     |   |                 | 119,065   |   |                 |   | -         |               |   |   | 219,379            |   |   |   | - |   |
| Interest income                            |   |                 | (589      | )      |                 |   | -         |               |   |   | (808               | )      |   |   | - |   |
|                                       |   |                 |      |   |                 |   |      |               |   |   |               |   |   |   |   |   |
| Other (income) expense, net                |   |                 | 368,476   |   |                 |   | -         |               |   |   | 468,571            |   |   |   | - |   |
|                                       |   |                 |      |   |                 |   | -         |               |   |   | -                  |   |   |   | - |   |
| LOSS BEFORE INCOME TAXES                   |   |                 | (784,236  | )      |                 |   | (9,786    | )                  |   |   | (1,147,177         | )      |   |   | (14,786 | ) |
|                                       |   |                 |      |   |                 |   |      |               |   |   |               |   |   |   |   |   |
| INCOME TAX PROVISION                       |   |                 | -         |   |                 |   | -         |               |   |   | -                  |   |   |   | - |   |
|                                       |   |                 |      |   |                 |   |      |               |   |   |               |   |   |   |   |   |
| NET LOSS                                   |   | $                    | (784,236  | )      |                 | $      | (9,786    | )                  |   | $      | (1,147,177         | )      |   | $ | (14,786 | ) |
|                                       |   |                 |      |   |                 |   |      |               |   |   |               |   |   |   |   |   |
| NET LOSS PER COMMON SHARE -                |   |                 |      |   |                 |   |      |               |   |   |               |   |   |   |   |   |
| BASIC AND DILUTED:                         |   | $                    | (0.19     | )      |                 | $      | (0.00     | )                  |   | $      | (0.27              | )      |   | $ | (0.00 | ) |
|                                       |   |                 |      |   |                 |   |      |               |   |   |               |   |   |   |   |   |
| Weighted average common shares outstanding |   |                 |      |   |                 |   |      |               |   |   |               |   |   |   |   |   |
| - basic and diluted                        |   |                 | 4,188,000 |   |                 |   | 4,188,000 |               |   |   | 4,188,000          |   |   |   | 4,188,000 |   |

----

|                                                       |   | Common Stock, $0.0001 Par Value |          |   | Additional |   |          |    |   |   | Total         |   |
|------------------------------------------------------------|--------|---------------------------------|---------------|--------|------------|--------|---------------|---------|--------|--------|---------------|--------|
|                                                       |   | Number of                       |          |   |       |   |          | Paid-in |   |   | Accumulated   |   |   | Stockholders' |   |
|                                                       |   | Shares                          |          |   | Amount     |   |          | Capital |   |   | Deficit       |   |   | Equity (Deficit) |   |
| Balance, December 31, 2009                                 |   |                            | 4,188,000     |   |       | $      | 419           |    |   | $      | 79,090        |   |   | $ | (89,044 | ) |   | $ | (9,535 | ) |
|                                                       |   |                            |          |   |       |   |          |    |   |   |          |   |   |   |   |   |   |   |   |   |
| Contributed capital                                        |   |                            |          |   |       |   |          |    |   |   | 15,000        |   |   |   |   |   |   |   | 15,000 |   |
|                                                       |   |                            |          |   |       |   |          |    |   |   |          |   |   |   |   |   |   |   |   |   |
| Issuance of warrants in connection with                    |   |                            |          |   |       |   |          |    |   |   |          |   |   |   |   |   |   |   |   |   |
| notes payable issued in the first quarter of 2010          |   |                            |          |   |       |   |          |    |   |   | 225,000       |   |   |   |   |   |   |   | 225,000 |   |
|                                                       |   |                            |          |   |       |   |          |    |   |   |          |   |   |   |   |   |   |   |   |   |
| Net loss                                                   |   |                            |          |   |       |   |          |    |   |   |          |   |   |   | (160,294 | ) |   |   | (160,294 | ) |
|                                                       |   |                            |     |   |       |   |     |    |   |   |     |   |   |   |     |   |   |   |     |   |
| Balance, December 31, 2010                                 |   |                            | 4,188,000     |   |       |   | 419           |    |   |   | 319,090       |   |   |   | (249,338 | ) |   |   | 70,171 |   |
|                                                       |   |                            |          |   |       |   |          |    |   |   |          |   |   |   |   |   |   |   |   |   |
| Issuance of warrants in connection with                    |   |                            |          |   |       |   |          |    |   |   |          |   |   |   |   |   |   |   |   |   |
| notes payable issued in 2011                               |   |                            |          |   |       |   |          |    |   |   | 251,250       |   |   |   |   |   |   |   | 251,250 |   |
|                                                       |   |                            |          |   |       |   |          |    |   |   |          |   |   |   |   |   |   |   |   |   |
| Issuance of warrants to COO for future services            |   |                            |          |   |       |   |          |    |   |   | 12,500        |   |   |   |   |   |   |   | 12,500 |   |
|                                                       |   |                            |          |   |       |   |          |    |   |   |          |   |   |   |   |   |   |   |   |   |
| Issuance of warrants to COO for future services            |   |                            |          |   |       |   |          |    |   |   | (12,500       | )      |   |   |   |   |   |   | (12,500 | ) |
|                                                       |   |                            |          |   |       |   |          |    |   |   |          |   |   |   |   |   |   |   |   |   |
| Issuance of warrants to Trinad Management, LLC             |   |                            |          |   |       |   |          |    |   |   |          |   |   |   |   |   |   |   |   |   |
| for future services                                        |   |                            |          |   |       |   |          |    |   |   | 360,000       |   |   |   |   |   |   |   | 360,000 |   |
|                                                       |   |                            |          |   |       |   |          |    |   |   |          |   |   |   |   |   |   |   |   |   |
| Issuance of warrants to Trinad Management, LLC             |   |                            |          |   |       |   |          |    |   |   |          |   |   |   |   |   |   |   |   |   |
| for future services                                        |   |                            |          |   |       |   |          |    |   |   | (360,000      | )      |   |   |   |   |   |   | (360,000 | ) |
|                                                       |   |                            |          |   |       |   |          |    |   |   |          |   |   |   |   |   |   |   |   |   |
| Amortization of warrants issued to officer and stockholder |   |                            |          |   |       |   |          |    |   |   |          |   |   |   |   |   |   |   |   |   |
| for future services received                               |   |                            |          |   |       |   |          |    |   |   | 62,084        |   |   |   |   |   |   |   | 62,084 |   |
|                                                       |   |                            |          |   |       |   |          |    |   |   |          |   |   |   |   |   |   |   |   |   |
| Net loss                                                   |   |                            |          |   |       |   |          |    |   |   |          |   |   |   | (1,147,177 | ) |   |   | (1,147,177 | ) |
|                                                       |   |                            |          |   |       |   |          |    |   |   |          |   |   |   |   |   |   |   |   |   |
| Balance, June 30, 2011                                     |   |                            | 4,188,000     |   |       | $      | 419           |    |   | $      | 632,424       |   |   | $ | (1,396,515 | ) |   | $ | (763,672 | ) |

----

|                                                                       |   | For the Six Months |       |   | For the Six Months |   |
|----------------------------------------------------------------------------|--------|--------------------|------------|--------|--------------------|--------|
|                                                                       |   | Ended              |       |   | Ended              |   |
|                                                                       |   | June 30, 2011      |       |   | June 30, 2010      |   |
|                                                                       |   | (Unaudited)        |       |   | (Unaudited)        |   |
|                                                                       |   |               |       |   |               |   |
| CASH FLOWS FROM OPERATING ACTIVITIES:                                      |   |               |       |   |               |   |
| Net loss                                                                   |   | $                  | (1,147,177 | )      |               | $      | (14,786 | ) |
| Adjustments to reconcile net loss to net cash used in operating activities |   |               |       |   |               |   |   |   |
| Depreciation expense                                                       |   |               | 1,146      |   |               |   | - |   |
| Provision for loan loss                                                    |   |               | 250,000    |   |               |   | - |   |
| Amortization of discount on notes payable                                  |   |               | 219,379    |   |               |   | - |   |
| Equity instruments based compensation                                      |   |               | 62,084     |   |               |   | - |   |
| Changes in operating assets and liabilities:                               |   |               |       |   |               |   |   |   |
| Accounts payable                                                           |   |               | 94,507     |   |               |   | - |   |
| Accrued expenses                                                           |   |               | (11,893    | )      |               |   | 6,786 |   |
| Accrued expenses - related party                                           |   |               | (53,746    | )      |               |   | - |   |
| Accrued stockholder services                                               |   |               | 166,666    |   |               |   | - |   |
|                                                                       |   |               |       |   |               |   |   |   |
| NET CASH USED IN OPERATING ACTIVITIES                                      |   |               | (419,034   | )      |               |   | (8,000 | ) |
|                                                                       |   |               |       |   |               |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITIES:                                      |   |               |       |   |               |   |   |   |
| Loan receivable - related party                                            |   |               | (250,000   | )      |               |   | - |   |
| Proceeds from notes payable                                                |   |               | 670,000    |   |               |   | - |   |
| Contribution to capital                                                    |   |               | -          |   |               |   | 8,000 |   |
|                                                                       |   |               |       |   |               |   |   |   |
| NET CASH PROVIDED BY FINANCING ACTIVITIES                                  |   |               | 420,000    |   |               |   | 8,000 |   |
|                                                                       |   |               |       |   |               |   |   |   |
| NET CHANGE IN CASH                                                         |   |               | 966        |   |               |   | - |   |
|                                                                       |   |               |       |   |               |   |   |   |
| Cash at beginning of period                                                |   |               | 527,993    |   |               |   | - |   |
|                                                                       |   |               |       |   |               |   |   |   |
| Cash at end of period                                                      |   | $                  | 528,959    |   |               | $      | - |   |
|                                                                       |   |               |       |   |               |   |   |   |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:                          |   |               |       |   |               |   |   |   |
| Interest paid                                                              |   | $                  | -          |   |               | $      | - |   |
| Income taxes paid                                                          |   | $                  | -          |   |               | $      |   |   |

----

----

| Level 1 | Quoted market prices available in active markets for identical assets or liabilities as of the reporting date.   |
|--------------|-----------------------------------------------------------------------------------------------------------------------|

| Level 2 | Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectlyobservable as of the reporting date.     |
|--------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Level 3 | Pricing inputs that are generally observable inputs and not corroborated by market data. |
|--------------|------------------------------------------------------------------------------------------|

----

| · | The Company uses historical data to estimate notes holder exercise behavior.  The expected life of warrants granted is derived from paragraph 718-10-S99-1 of the FASB Accounting Standards Codification and represents the period of time the warrants are expected to be outstanding. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The expected volatility is based on a combination of the historical volatility of the comparable companies’ stock over the contractual life of the options. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of grant for periods within the contractual life of the option. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The expected dividend yield is based on the Company’s current dividend yield as the best estimate of projected dividend yield for periods within the contractual life of the option. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | The Company uses historical data to estimate employee termination behavior.  The expected life of options granted is derived from paragraph 718-10-S99-1 of the FASB Accounting Standards Codification and represents the period of time the options are expected to be outstanding. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The expected volatility is based on a combination of the historical volatility of the comparable companies’ stock over the contractual life of the options. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of grant for periods within the contractual life of the option. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | The expected dividend yield is based on the Company’s current dividend yield as the best estimate of projected dividend yield for periods within the contractual life of the option. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                                                                                                                                                                                                                            |   | Potentially outstanding dilutive common shares  |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------|--------|
|                                                                                                                                                                                                                                                            |   | For the Interim Period  endedJune 30, 2011 |   | For the Interim Period  endedJune 30, 2010 |   |
| Warrants issued on December 17, 2010 in connection with the issuance of notes payable – officer to purchase 1,000,000 shares of the Company’s common shares with an exercise price of $0.10 per share expiring ten (10) years from date of issuance |   |  1,000,000                                 |   |   | - |   |
|                                                                                                                                                                                                                                                            |   |                                            |   |   |   |   |
| Warrants issued on December 29, 2010 in connection with the issuance of notes payable to purchase 1,000,000 shares of the Company’s common shares with an exercise price of $0.10 per share expiring ten (10) years from date of issuance                 |   | 1,000,000                                       |   |   | - |   |
|                                                                                                                                                                                                                                                            |   |                                            |   |   |   |   |
| Warrants issued on January 18, 2011 in connection with the issuance of notes payable to purchase 333,333 shares of the Company’s common shares with an exercise price of $0.10 per share expiring ten (10) years from date of issuance                    |   | 333,333                                         |   |   | - |   |
|                                                                                                                                                                                                                                                            |   |                                            |   |   |   |   |
| Warrants issued on January 24, 2011 in connection with the issuance of notes payable to purchase 166,666 shares of the Company’s common shares with an exercise price of $0.10 per share expiring ten (10) years from date of issuance                    |   | 166,666                                         |   |   | - |   |
|                                                                                                                                                                                                                                                            |   |                                            |   |   |   |   |
| Warrants issued on February 4, 2011 in connection with the issuance of notes payable to purchase 833,333 shares of the Company’s common shares with an exercise price of $0.10 per share expiring ten (10) years from date of issuance                    |   | 833,333                                         |   |   | - |   |
|                                                                                                                                                                                                                                                            |   |                                            |   |   |   |   |
| Warrants issued on February 4, 2011 in connection with the issuance of notes payable to purchase 166,666 shares of the Company’s common shares with an exercise price of $0.10 per share expiring ten (10) years from date of issuance                    |   | 166,666                                         |   |   | - |   |
|                                                                                                                                                                                                                                                            |   |                                            |   |   |   |   |
| Warrants issued on February 7, 2011 in connection with the issuance of notes payable to purchase 66,667 shares of the Company’s common shares with an exercise price of $0.10 per share expiring ten (10) years from date of issuance                     |   | 66,667                                          |   |   | - |   |
|                                                                                                                                                                                                                                                            |   |                                            |   |   |   |   |
| Warrants issued on April 15, 2011 in connection with the issuance of notes payable to purchase 333,333 shares of the Company’s common shares with an exercise price of $0.10 per share expiring ten (10) years from date of issuance                      |   | 333,333                                         |   |   | - |   |
|                                                                                                                                                                                                                                                            |   |                                            |   |   |   |   |
| Warrants issued on April 13, 2011 in connection with the issuance of notes payable to purchase 166,667 shares of the Company’s common shares with an exercise price of $0.10 per share expiring ten (10) years from date of issuance                      |   | 166,667                                         |   |   |   | - |
|                                                                                                                                                                                                                                                            |   |                                            |   |   |   |   |
| Warrants issued on April 13, 2011 in connection with the issuance of notes payable to purchase 166,667 shares of the Company’s common shares with an exercise price of $0.10 per share expiring ten (10) years from date of issuance                      |   | 166,667                                         |   |   | - |   |
|                                                                                                                                                                                                                                                            |   |                                            |   |   |   |   |
| Warrants issued to COO on February 22, 2011 as compensation to purchase 250,000 shares of the Company’s common shares with an exercise price of $1.00 per share expiring three (3) years from date of issuance                                            |   | 250,000                                         |   |   | - |   |
|                                                                                                                                                                                                                                                            |   |                                            |   |   |   |   |
| Warrants issued to Trinad Management LLC as compensation to purchase 2,000,000 shares of the Company’s common shares with an exercise price of $0.10 per shares expiring ten (10) years from date of issuance                                             |   | 2,000,000                                       |   |   | - |   |
|                                                                                                                                                                                                                                                            |   |                                            |   |   |   |   |
|                                                                                                                                                                                                                                                            |   |                                            |   |   |   |
| Total potentially outstanding dilutive common shares                                                                                                                                                                                                            |   | 6,483,332                                       |   |   | - |   |

----

----

| 1.   | Transfers in and out of Levels 1 and 2. A reporting entity should disclose separately the amounts of significant transfers in and out of Level 1 and Level 2 fair value measurements and describe the reasons for the transfers. |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.   | Activity in Level 3 fair value measurements. In the reconciliation for fair value measurements using significant unobservable inputs (Level 3), a reporting entity should present separately information about purchases, sales, issuances, and settlements (that is, on a gross basis rather than as one net number). |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.   | Level of disaggregation. A reporting entity should provide fair value measurement disclosures for each class of assets and liabilities. A class is often a subset of assets or liabilities within a line item in the statement of financial position. A reporting entity needs to use judgment in determining the appropriate classes of assets and liabilities. |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.   | Disclosures about inputs and valuation techniques. A reporting entity should provide disclosures about the valuation techniques and inputs used to measure fair value for both recurring and nonrecurring fair value measurements. Those disclosures are required for fair value measurements that fall in either Level 2 or Level 3. |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                          |   | Estimated Useful Life (Years) |   | June 30, 2011 |   |   | December 31, 2010 |   |
|-------------------------------|--------|-------------------------------|--------|---------------|--------|--------|-------------------|--------|
| Office equipment              |   | 5                             |   | $             | 11,458 |   |              | $      | 11,458 |   |
|                          |   |                          |   |          |   |   |              |   |   |   |
|                          |   |                          |   |          |   |   |              |   |
|                          |   |                          |   |          | 11,458 |   |              |   | 11,458 |   |
| Less accumulated depreciation |   |                          |   |          | (1,705 | )      |              |   | (559 | ) |
|                          |   |                          |   |          |   |   |              |   |
|                          |   |                          |   | $             | 9,753  |   |              | $      | 10,899 |   |

----

| Expected warrant life (year)    |   |   | 10.00 |    |
|---------------------------------|--------|--------|-------|---------|
| Expected volatility             |   |   | 90    | %  |
| Average risk-free interest rate |   |   | 3.49  | %  |
| Dividend yield                  |   |   | 0.00  | %  |

----

|                                                                          |   | June 30, 2011 |     |   | December 31,2010 |   |
|-------------------------------------------------------------------------------|--------|---------------|----------|--------|------------------|--------|
| Promissory notes payable with interest at 10% per annum due December 29, 2011 |   | $             | 300,000  |   |             | $      | 300,000 |   |
|                                                                          |   |          |     |   |             |   |   |   |
| Discount on note payable                                                      |   |          | (112,500 | )      |             |   | (112,500 | ) |
|                                                                          |   |          |     |   |             |   |   |   |
| Accumulated amortization of discount                                          |   |          | 56,250   |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
|                                                                          |   |          | 243,750  |   |             |   | 187,500 |   |
|                                                                          |   |          |     |   |             |   |   |   |
| Promissory notes payable with interest at 10% per annum due January 17, 2012  |   |          | 100,000  |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
| Discount on note payable                                                      |   |          | (37,500  | )      |             |   | (- | ) |
|                                                                          |   |          |     |   |             |   |   |   |
| Accumulated amortization of discount                                          |   |          | 18,750   |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
|                                                                          |   |          | 81,250   |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
| Promissory notes payable with interest at 10% per annum due January 23, 2012  |   |          | 50,000   |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
| Discount on note payable                                                      |   |          | (18,750  | )      |             |   | (- | ) |
|                                                                          |   |          |     |   |             |   |   |   |
| Accumulated amortization of discount                                          |   |          | 9,376    |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
|                                                                          |   |          | 40,626   |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
| Promissory notes payable with interest at 10% per annum due February 3, 2012  |   |          | 50,000   |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
| Discount on note payable                                                      |   |          | (18,750  | )      |             |   | (- | ) |
|                                                                          |   |          |     |   |             |   |   |   |
| Accumulated amortization of discount                                          |   |          | 9,376    |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
|                                                                          |   |          | 40,626   |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
| Promissory notes payable with interest at 10% per annum due February 3, 2012  |   |          | 250,000  |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
| Discount on note payable                                                      |   |          | (93,750  | )      |             |   | (- | ) |
|                                                                          |   |          |     |   |             |   |   |   |
| Accumulated amortization of discount                                          |   |          | 46,876   |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
|                                                                          |   |          | 203,126  |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
| Promissory notes payable with interest at 10% per annum due February 6, 2012  |   |          | 20,000   |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
| Discount on note payable                                                      |   |          | (7,500   | )      |             |   | (- | ) |
|                                                                          |   |          |     |   |             |   |   |   |
| Accumulated amortization of discount                                          |   |          | 3,750    |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
|                                                                          |   |          | 16,250   |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
| Promissory notes payable with interest at 10% per annum due April 14, 2012    |   |          | 100,000  |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
|    Discount on note payable                                    |   |          | (37,500  | )      |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
|    Accumulated amortization of discount                        |   |          | 9,375    |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
|                                                                          |   |          | 71,875   |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
| Promissory notes payable with interest at 10% per annum due April 14, 2012    |   |          | 100,000  |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
|   Discount on notes payable                                         |   |          | (37,500) |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
| Accumulated amortization of discount                                          |   |          | 9,376    |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
|                                                                          |   |          | 71,876   |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
| Total promissory notes payable                                                |   |          | 970,000  |   |             |   | - |   |
|                                                                          |   |          |     |   |             |   |   |   |
| Discount on note payable                                                      |   |          | (363,750 | )      |             |   | (- | ) |
|                                                                          |   |          |     |   |             |   |   |   |
| Accumulated amortization of discount                                          |   |          | 163,129  |   |             |   | - |   |
|                                                                          |   | $             | 769,379  |   |             | $      | 187,500 |   |

----

| Expected life (year)    |   |   | 10.00 |    |
|-------------------------|--------|--------|-------|---------|
| Expected volatility     |   |   | 90    | %  |
| Risk-free interest rate |   |   | 3.33  | %  |
| Dividend yield          |   |   | 0.00  | %  |

----

|                                                                          |   | June 30, 2011 |     |   | December 31, 2010 |   |
|-------------------------------------------------------------------------------|--------|---------------|----------|--------|-------------------|--------|
| Promissory notes payable with interest at 10% per annum due December 29, 2011 |   | $             | 300,000  |   |              | $      | 300,000 |   |
|                                                                          |   |          |     |   |              |   |   |   |
| Discount on note payable                                                      |   |          | (112,500 | )      |              |   | (112,500 | ) |
|                                                                          |   |          |     |   |              |   |   |   |
| Accumulated amortization of discount                                          |   |          | 56,250   |   |              |   | - |   |
|                                                                          |   |          |     |   |              |   |   |   |
|                                                                          |   | $             | 243,750  |   |              | $      | 187,500 |   |

| Expected life (year)    |   |   | 3.00 |    |
|-------------------------|--------|--------|------|---------|
| Expected volatility     |   |   | 90   | %  |
| Risk-free interest rate |   |   | 1.22 | %  |
| Dividend yield          |   |   | 0.00 | %  |

----

|                                  |   | Number of |      |   | Exercise Price Range |   |              | Weighted Average |   |   | Fair Value at Date |   |   | Aggregate       |    |
|---------------------------------------|--------|----------------|-----------|--------|---------------------------|--------|-------------------|------------------|--------|--------|--------------------|--------|--------|-----------------|---------|
|                                  |   | Warrant Shares |      |   | Per Share            |   |              | Exercise Price   |   |   | of Issuance        |   |   | Intrinsic Value |    |
| Balance, December 31, 2009            |   |           | -         |   |                      | $      | -                 |             |   | $      | -                  |   |   | $               | -       |   |   | $ | - |   |
|                                  |   |           |      |   |                      |   |              |             |   |   |               |   |   |            |    |   |   |   |   |   |
| Granted                               |   |           | 2,000,000 |   |                      |   | 0.10              |             |   |   | 0.10               |   |   |            | 225,000 |   |   |   | 200,000 |   |
| Cancelled                             |   |           | (-        | )      |                      |   | -                 |             |   |   | -                  |   |   |            | -       |   |   |   | - |   |
| Exercised                             |   |           | (-        | )      |                      |   | -                 |             |   |   | -                  |   |   |            | -       |   |   |   | - |   |
| Expired                               |   |           | -         |   |                      |   | -                 |             |   |   | -                  |   |   |            | -       |   |   |   | - |   |
| Balance, December 31, 2010            |   |           | 2,000,000 |   |                      | $      | 0.10              |             |   | $      | 0.10               |   |   | $               | 225,000 |   |   | $ | 200,000 |   |
|                                  |   |           |      |   |                      |   |              |             |   |   |               |   |   |            |    |   |   |   |   |   |
| Granted                               |   |           | 4,483,332 |   |                      |   | 0.10 – 1.00 |             |   |   | 0.18               |   |   |            | 623,750 |   |   |   | 423,333 |   |
| Cancelled                             |   |           | (-        | )      |                      |   | -                 |             |   |   | -                  |   |   |            | -       |   |   |   | - |   |
| Exercised                             |   |           | (-        | )      |                      |   | -                 |             |   |   | -                  |   |   |            | -       |   |   |   | - |   |
| Expired                               |   |           | -         |   |                      |   | -                 |             |   |   | -                  |   |   |            | -       |   |   |   | - |   |
| Balance, June 30, 2011                |   |           | 6,483,332 |   |                      | $      | 0.10 – 1.00 |             |   | $      | 0.16               |   |   | $               | 848,750 |   |   | $ | 623,333 |   |
|                                  |   |           |      |   |                      |   |              |             |   |   |               |   |   |            |    |   |   |   |   |   |
| Vested and exercisable, June 30, 2011 |   |           | 2,896,666 |   |                      | $      | 0.10 – 1.00 |             |   | $      | 0.14               |   |   | $               | 457,750 |   |   | $ | 284,666 |   |
|                                  |   |           |      |   |                      |   |              |             |   |   |               |   |   |            |    |   |   |   |   |   |
| Unvested, June 30, 2011               |   |           | 3,586,666 |   |                      | $      | 0.10 – 1.00 |             |   | $      | 0.17               |   |   | $               | 381,000 |   |   | $ | 338,666 |   |

|                     |                         | Warrants Outstanding |   | Warrants Exercisable                             |      |
|--------------------------|------------------------------|----------------------|--------|--------------------------------------------------|-----------|
| Range of Exercise Prices |                         | NumberOutstanding    |   | AverageRemainingContractual Life (in years) |      |   | WeightedAverageExercise Price |   | NumberExercisable |   | AverageRemainingContractualLife (in years) |   |   | WeightedAverageExercise Price |   |
| $                        |     0.10 |                 |   |                                             | 6,233,332 |   |   |   | 9.63 |   |   | $ | 0.10 |   |   |   | 2,846,666 |   |   |   | 9.63 |   |   | $ | 0.14 |   |
|                     |                         |                 |   |                                             |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| $                        | 1.00                         |                 |   |                                             | 250,000   |   |   |   | 2.65 |   |   | $ | 1.00 |   |   |   | 50,000 |   |   |   | 2.65 |   |   | $ | 1.00 |   |

| Related Parties        |   | Relationship                                               |
|------------------------|----------|------------------------------------------------------------|
|                   |     |                                                       |
| Robert Ellen           |     | Chief Executive Officer of the Company                     |
|                   |     |                                                       |
| Elliot Goldman         |     | Chief Operating Officer of the Company                     |
|                   |     |                                                       |
| Cameo Stars, LLC       |     | An entity of which the CEO of the Company is a Co-Chairman |
|                   |     |                                                       |
| Trinad Management, LLC |     | A Stockholder of the Company                               |

----

| Expected life (year)    |   |   | 10.00 |    |
|-------------------------|--------|--------|-------|---------|
| Expected volatility     |   |   | 90    | %  |
| Risk-free interest rate |   |   | 3.34  | %  |
| Dividend yield          |   |   | 0.00  | %  |

----

|                                                                             |   | June 30, 2011 |    |   | June 30, 2010 |   |
|----------------------------------------------------------------------------------|--------|---------------|---------|--------|--------------------|--------|
| (i) (a) Quarterly management services billed or accrued                          |   | $             | 180,000 |   |               | $      | - |   |
|                                                                             |   |          |    |   |               |   |   |   |
| (i) (b) Long-term management services accrued                                    |   | $             | 166,666 |   |               | $      | - |   |
|                                                                             |   |          |    |   |               |   |   |   |
| (ii) amortization of $30,000 per quarter of the fair value of the warrant issued |   | $             | 60,000  |   |               | $      | - |   |
|                                                                             |   |          |    |   |               |   |   |   |
|                                                                             |   | $             | 406,666 |   |               | $      | - |   |

----

----

----

----

|   | (i) | We do not have written documentation of our internal control policies and procedures. Written documentation of key internal controls over financial reporting is a requirement of Section 404 of the Sarbanes-Oxley Act which is applicable to us for the year ended December 31, 2010. Management evaluated the impact of our failure to have written documentation of our internal controls and procedures on our assessment of our disclosure controls and procedures and has concluded that the control deficiency that resulted represented a material weakness. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | We do not have sufficient segregation of duties within accounting functions, which is a basic internal control. Due to our size and nature, segregation of all conflicting duties may not always be possible and may not be economically feasible. However, to the extent possible, the initiation of transactions, the custody of assets and the recording of transactions should be performed by separate individuals. Management evaluated the impact of our failure to have segregation of duties on our assessment of our disclosure controls and procedures, and concluded that the control deficiency that resulted represented a material weakness. |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| ExhibitNo. |   | Description                                                                                                                                                                                                  |
|------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.1        |   | Certification of Incorporation (previously filed as Exhibit 3.1 to Registrant’s Registration Statement on Form S-1, filed with the SEC on April 28, 2008 and incorporated herein reference). |
|       |   |                                                                                                                                                                                                         |
| 3.2        |   | Bylaws (previously filed as Exhibit 3.2 to the Registrant’s Registration Statement on Form S-1, filed with the SEC on April 28, 2008 and incorporated by reference).                    |
|       |   |                                                                                                                                                                                                         |
| 31.1       |   | Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                                                                                          |
|       |   |                                                                                                                                                                                                         |
| 31.2       |   | Certification of Chief 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.                                                                              |

----

|                             | NOBLE MEDICAL TECHNOLOGIES, INC. |                          |
|----------------------------------|----------------------------------|-------------------------------|
|                             |                             |                          |   |
| Date:  August 22, 2011 | By:                              | /s/Elliot Goldman        |   |
|                             |                             | Elliot Goldman                |   |
|                             |                             | Chief Operating Officer       |   |
|                             |                             | (Principal Executive Officer) |   |

| Date:  August 22, 2011 | By:    | /s/Tatiana Walker                       |   |
|----------------------------------|--------|----------------------------------------------|--------|
|                             |   | Tatiana Walker                               |   |
|                             |   | Interim Chief Financial Officer              |   |
|                             |   | (Principal Financial and Accounting Officer) |   |

----

| ExhibitNo. |   | Description                                                                                                                                                                                                  |
|------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.1        |   | Certification of Incorporation (previously filed as Exhibit 3.1 to Registrant’s Registration Statement on Form S-1, filed with the SEC on April 28, 2008 and incorporated herein reference). |
|       |   |                                                                                                                                                                                                         |
| 3.2        |   | Bylaws (previously filed as Exhibit 3.2 to the Registrant’s Registration Statement on Form S-1, filed with the SEC on April 28, 2008 and incorporated by reference).                    |
|       |   |                                                                                                                                                                                                         |
| 31.1       |   | Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                                                                                          |
|       |   |                                                                                                                                                                                                         |
| 31.2       |   | Certification of Chief 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.                                                                              |

----