----

----

| [      ]  | TRANSITION      REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES | EXCHANGE      ACT OF 1934 |
|----------------|--------------------------------------------------------------------|---------------------------|

| Nevada(State      or other jurisdiction ofincorporation      or organization)                                                                                                                                                                                                                                                                                                                                              | 26-0693872 (I.R.S.      employeridentification      number) |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------|
|  16      Market Square Center1400      16th Street Suite 400Denver,      CO 80202Tel:      720.932.8389Fax:      720.222.5151(Address      of principal executive offices)  Copies      to:JPF      Securities Law, LLC19720      Jetton RoadSuite      300Cornelius,      NC 28031Tel:      704-897-8334Fax:      270- 897-8338 (Address      of principal executive offices and zip code)  |

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

----

| PART      I                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |  Page  No. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |            |
| Item      1.  Financial      Statements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 2               |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |            |
| Item      2.  Management's Discussion and Analysis of Financial Condition      and Results of Operations                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | 12              |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |            |
| Item      3.  Quantitative and Qualitative Disclosures About Market      Risk                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 14              |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |            |
| Item      4.  Controls and Procedures                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | 14              |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |            |
| Item      4T. Controls and Procedures                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | 14              |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |            |
| PART      II                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |            |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |            |
| Item      1.  Legal Proceedings                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 15              |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |            |
| Item      1A. Risk Factors                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | 15              |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |            |
| Item      2.  Unregistered Sales of Equity Securities and Use of      Proceeds                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | 15              |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |            |
| Item      3.  Defaults Upon Senior Securities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 15              |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |            |
| Item      4.  Submission of Matters to a Vote of Security      Holders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | 15              |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |            |
| Item      5.  Other Information                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 15              |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |            |
| Item      6.  Exhibits                                                                                                                                          | 15              |

----

| AMERICAN      POWER CORPORATION                                   |   | PAGE   |   |
|-------------------------------------------------------------------|--------|--------|--------|
|                                                              |   |   |   |
| Balance      Sheets                                               |   |   | 4      |   |
|                                                              |   |   |   |   |
| Statements      of Operations                                     |   |   | 5      |   |
|                                                              |   |   |   |   |
| Statement      of Stockholders’ Equity  (Deficit) |   |   | 6      |   |
|                                                              |   |   |   |   |
| Statements      of Cash Flows                                     |   |   | 7      |   |
|                                                              |   |   |   |   |
| Notes      to Financial Statements                                |   |   | 8      |   |

----

| AMERICAN      POWER CORP.                                                                                                         |   |
|-----------------------------------------------------------------------------------------------------------------------------------|--------|
| (An      Exploration Stage Company)                                                                                               |   |
| CONDENSED      BALANCE SHEETS                                                                                                     |   |
|                                                                                                                              |   | June      30,2010 |   |   | September      30, 2009 |   |
|                                                                                                                              |   | (Unaudited) |   |   | (Audited) |   |
|                                                                                                                              |   |   |   |   |   |   |
| ASSETS                                                                                                                            |   |   |   |   |   |   |
| CURRENT      ASSETS                                                                                                               |   |   |   |   |   |   |
| Cash                                                                                                                              |   | $ | 174,605 |   |   | $ | 147 |   |
| Prepaid      expenses                                                                                                             |   |   | 13,256 |   |   |   | - |   |
| TOTAL      CURRENT ASSETS                                                                                                         |   |   | 187,861 |   |   |   | 147 |   |
|                                                                                                                              |   |   |   |   |   |   |   |   |
| FIXED      ASSETS                                                                                                                 |   |   |   |   |   |   |   |   |
| Property                                                                                                                          |   |   | 1,368,985 |   |   |   | - |   |
| Equipment      - net                                                                                                              |   |   | 3,678 |   |   |   | - |   |
| TOTAL      FIXED ASSETS                                                                                                           |   |   | 1,372,663 |   |   |   | - |   |
|                                                                                                                              |   |   |   |   |   |   |   |   |
| Website      - net                                                                                                                |   |   | 20,264 |   |   |   | - |   |
|                                                                                                                              |   |   |   |   |   |   |   |   |
| TOTAL      ASSETS                                                                                                                 |   | $ | 1,580,788 |   |   | $ | 147 |   |
|                                                                                                                              |   |   |   |   |   |   |   |   |
| LIABILITIES      AND STOCKHOLDERS’ EQUITY (DEFICIT)                                                                         |   |   |   |   |   |   |   |   |
| CURRENT      LIABILITIES                                                                                                          |   |   |   |   |   |   |   |   |
| Accounts      payable and accrued liabilities                                                                                     |   | $ | 22,376 |   |   | $ | 13,256 |   |
| Promissory      notes-short term                                                                                                  |   |   | 600,000 |   |   |   |   |   |
| Loan                                                                                                                              |   |   | 200,000 |   |   |   | - |   |
| Related      party payable                                                                                                        |   |   | 23,652 |   |   |   | 11,408 |   |
| TOTAL      CURRENT LIABILITIES                                                                                                    |   |   | 846,028 |   |   |   | 24,664 |   |
|                                                                                                                              |   |   |   |   |   |   |   |   |
| LONG      TERM LIABILITIES                                                                                                        |   |   |   |   |   |   |   |   |
| Promissory      notes (net of debt discount)                                                                                      |   |   | 315,987 |   |   |   | - |   |
| TOTAL      LONG TERM LIABILITIES                                                                                                  |   |   | 315,987 |   |   |   | - |   |
|                                                                                                                              |   |   |   |   |   |   |   |   |
| STOCKHOLDERS’  EQUITY      ( DEFICIT )                                                                            |   |   |   |   |   |   |   |   |
| Capital      stock, 500,000,000 shares authorized with $0.001 par value                                                           |   |   |   |   |   |   |   |   |
| Issued      and outstanding -  June 30, 2010, 88,180,000 shares of common      stock(September      30, 2009 2,933,180) |   |   | 88,180 |   |   |   | 2,933,180 |   |
|         Additional      paid in capital                                                   |   |   | 3,261,198 |   |   |   | - |   |
|         Stock      payable                                                                |   |   | 115,000 |   |   |   | - |   |
| Deficit      accumulated during the exploration stage                                                                             |   |   | (3,045,605 | ) |   |   | (2,957,697 | ) |
| TOTAL      STOCKHOLDERS’ EQUITY (DEFICIT)                                                                                   |   |   | 418,773 |   |   |   | (24,517 | ) |
|                                                                                                                              |   |   |   |   |   |   |   |   |
| TOTAL      LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)                                                                   |   | $ | 1,580,788 |   |   | $ | 147 |   |
| The      accompanying notes are an integral part of these financial      statements                                               |   |

----

|                                                                                |                                                                             |   |                                                                             |   |                                                                             |   |   |   |   |   |   |   |   |
|-------------------------------------------------------------------------------------|----------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|
| BASIC      LOSS PER COMMON SHARE                                                    |                                                                             |   |                                                                             |   |                                                                             |   |   |   |
| $             -    | $             - |   | $             - |   | $             - |   |   |   |
| WEIGHTED      AVERAGE NUMBER OF COMMON SHARES OUTSTANDING-BASIC                     |                                                                             |   |                                                                             |   |                                                                             |   |   |   |   |   |   |   |   |   |   |   |   |
| 213,904,444                                                                         | 2,933,180,000                                                                    |   | 2,033,419,706                                                                    |   | 2,878,765,380                                                                    |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                |                                                                             |   |                                                                             |   |                                                                             |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                |                                                                             |   |                                                                             |   |                                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                |                                                                             |   |                                                                             |   |                                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| The      accompanying notes are an integral part of these financial      statements |                                                                             |   |                                                                             |   |                                                                             |   |   |   |   |

|  AMERICAN      POWER CORP.         |
|-----------------------------------------|
| (An      Exploration Stage Company)     |
| CONDENSED      STATEMENTS OF OPERATIONS |
| (Unaudited)                             |
|                                    | Three      monthsended      June 30, |   | Nine      monthsended      June 30, |   | Cumulative      results frominception      (August 7, 2007) to June 30, |   |
|                                    | 2010 |   | 2009 |   | 2010 |   | 2009 |   | 2010 |   |   |   |
| EXPENSES                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Office      and general                 | $ | 12,359 | $ | (11) | $ | 18,962 | $ | 54 | $ | 24,887 |   |   |   |
|                                    |   | 15,000  |   | -  |   | 15,000  |   | -  |   | 15,000  |   |   |   |
| Professional      fees                  |   | 23,354 |   | 3,375 |   | 37,341 |   | 15,583 |   | 68,243 |   |   |   |
|                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| TOTAL      EXPENSES                     |   | (50,713) |   | (3,365) |   | (71,303      ) |   | (15,637      ) |   | (108,130) |   |   |   |
|                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| OTHER      EXPENSE                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest      expense                   |   | (16,605) |   | - |   | (16,605) |   | - |   | (16,605) |   |   |   |
|                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| TOTAL      OTHER EXPENSE                |   | (16,605) |   | - |   | (16,605) |   | - |   | (16,605) |   |   |   |
|                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| NET      LOSS                           | $ | (67,318) | $ | (3,365) | $ | (87,908) | $ | (15,637) | $ | (124,735) |   |   |   |
|                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                |                                                                             |   |                                                                             |   |                                                                             |   |   |   |   |   |   |   |   |   |
|-------------------------------------------------------------------------------------|----------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|
| BASIC      LOSS PER COMMON SHARE                                                    |                                                                             |   |                                                                             |   |                                                                             |   |   |   |   |
| $             -    | $             - |   | $             - |   | $             - |   |   |   |   |
| WEIGHTED      AVERAGE NUMBER OF COMMON SHARES OUTSTANDING-BASIC                     |                                                                             |   |                                                                             |   |                                                                             |   |   |   |
| 213,904,444                                                                         | 2,933,180,000                                                                    |   | 2,033,419,706                                                                    |   | 2,878,765,380                                                                    |   |   |
|                                                                                |                                                                             |   |                                                                             |   |                                                                             |   |   |
|                                                                                |                                                                             |   |                                                                             |   |                                                                             |   |   |   |   |   |   |   |   |   |   |
|                                                                                |                                                                             |   |                                                                             |   |                                                                             |   |   |   |   |   |   |   |   |   |   |
| The      accompanying notes are an integral part of these financial      statements |

----

| AMERICAN      POWER CORP.                         |   |
|---------------------------------------------------|--------|
| (An      Exploration Stage Company)               |   |
| CONDENSED      STATEMENTS OF CASH FLOW            |   |
| (Unaudited)                                       |   |
|                                              |   | Nine      months |   |   | Nine      months |   |   | Inception |   |
|                                              |   | ended |   |   | ended |   |   | (August      7, 2007) to |   |
|                                              |   | June      30, 2010 |   |   | June      30, 2009 |   |   | June      30, 2010 |   |
|                                              |   |   |   |   |   |   |   |   |   |
| CASH      FLOWS FROM OPERATING ACTIVITIES         |   |   |   |   |   |   |   |   |   |
| Net      loss                                     |   | $ | (87,908 | ) |   | $ | (15,637 | ) |   | $ | (115,086 | ) |
| Adjustment      to reconcile net loss to net cash |   |   |   |   |   |   |   |   |   |   |   |   |
| used      by operating activities                 |   |   |   |   |   |   |   |   |   |   |   |   |
| Depreciation      and amortization                |   |   | 1,480 |   |   |   | - |   |   |   | 1,480 |   |
| Debt      discount accretion                      |   |   | 12,002 |   |   |   | - |   |   |   | 12,002 |   |
| Changes      in operating assets and liabilities  |   |   |   |   |   |   |   |   |   |   |   |   |
| (Increase)      in prepaid expenses               |   |   | (13,256 | ) |   |   | - |   |   |   | (10,749 | ) |
| Increase      in accrued expenses                 |   |   | 9,120 |   |   |   | 3,500 |   |   | $ | 25,219 |   |
| NET      CASH USED IN OPERATING ACTIVITIES        |   |   | (78,562 | ) |   |   | (12,137 | ) |   | $ | (100,616 | ) |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| CASH      FLOWS FROM INVESTING ACTIVITIES         |   |   |   |   |   |   |   |   |   |   |   |   |
| Fixed      assets                                 |   |   | (3,911 | ) |   |   |   |   |   |   |   |   |
| Website                                           |   |   | (21,511 | ) |   |   |   |   |   |   |   |   |
| Property      acquisition                         |   |   | (350,000 | ) |   |   | - |   |   |   | (2,942,927 | ) |
| NET      CASH USED IN INVESTING ACTIVITIES        |   |   | (375,422 | ) |   |   | - |   |   |   | (2,942,927 | ) |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| CASH      FLOWS FROM FINANCING ACTIVITIES         |   |   |   |   |   |   |   |   |   |   |   |   |
| Proceeds      from sale of common stock           |   |   | 400,000 |   |   |   | - |   |   |   | 593,508 |   |
| Proceeds      from Loan                           |   |   | 200,000 |   |   |   |   |   |   |   |   |   |
| Loans      from related party                     |   |   | 66,268 |   |   |   |   |   |   |   |   |   |
| Payments      to related party                    |   |   | (37,826 | ) |   |   | 6,926 |   |   |   | 8,652 |   |
| NET      CASH PROVIDED BY FINANCING ACTIVITIES    |   |   | 628,442 |   |   |   | 6,926 |   |   | $ | 3,218,147 |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| NET      INCREASE (DECREASE) IN CASH              |   |   | 174,458 |   |   |   | (5,211 | ) |   | $ | 174,605 |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| CASH,      BEGINNING OF PERIOD                    |   | $ | 147 |   |   | $ | 5,346 |   |   | $ | - |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| CASH,      END OF PERIOD                          |   |   | 174,605 |   |   | $ | 135 |   |   | $ | 174,605 |   |

|                                                                                |                                                  |   |   |   |   |                                                                              |   |   |   |                                                                                                      |
|-------------------------------------------------------------------------------------|-------------------------------------------------------|--------|--------|--------|--------|-----------------------------------------------------------------------------------|--------|--------|--------|-----------------------------------------------------------------------------------------------------------|
| Supplemental      cash flow information and noncash financing activities:           |                                                  |   |   |   |
| Cash      paid for:                                                                 |                                                  |   |   |   |   |                                                                              |   |   |   |
|                                                                                | Cancellation      of shares                           |   |   |   | $      | 2,845,800                                                                         | $      | -      | $      | 2,845,800                                                                                                 |
|                                                                                | Common      stock payable for acquisition of property |   |   |   | $      | 115,000                                                                           | $      | -      | $      | 115,000                                                                                                   |
|                                                                                | Income      taxes                                     |   |   | $      | -      | $                                                                                 | -      | $      | -      |
|                                                                                | Note      issued for acquisition of property          |   |   |   | $      |             1,000,000 | $      | -      | $      |                 1,000,000 |
|                                                                                | Forgiveness      of debt by former director           | $      | 16,198 | $      | -      | $                                                                                 | 16,198 |
| The      accompanying notes are an integral part of these financial      statements |

----

----

----

----

----

|                    |   |   |   |   |         |   |   | 30      June |   |   | 30      September |   |
|-------------------------|--------|--------|--------|--------|--------------|--------|--------|--------------|--------|--------|-------------------|--------|
|                    |   |   |   |   | Accumulated  |   |   | 2010         |   |   | 2009              |   |
| 2010                    |   | Cost   |   |   | Amortization |   |   | Net          |   |   | Net               |   |
|                    |   |   |   |   |         |   |   |         |   |   |              |   |
| Computer      equipment |   | $      | 3,911  |   |         | $      | 233    |         |   | $      | 3,678             |   |   | $ | - |   |
|                    |   | $      | 3,911  |   |         | $      | 233    |         |   | $      | 3,678             |   |   | $ | - |   |

----

----

|                     |   | AtJune      30,2010 |     |   | AtSeptember      30,2009 |   |
|--------------------------|--------|---------------------|----------|--------|--------------------------|--------|
|                     |   |                |     |   |                     |   |
| Current      assets      |   | $                   | 187,861  |   |                     | $      | 147 |   |
| Current      liabilities |   |                | 762,015  |   |                     |   | 24,664 |   |
| Working      capital     |   | $                   | (574,154 | )      |                     | $      | (24,517 | )  |

|                                           |   | Nine-months      Ended |     |
|------------------------------------------------|--------|------------------------|----------|
|                                           |   | June      30,          |     |
|                                           |   | 2010                   |     |   | 2009 |   |
|                                           |   |                   |     |   |   |   |
| Net      Cash Used in Operating Activities     |   | $                      | (78,562  | )  |   |  $ | (12,137 | ) |
| Net      Cash Used in Investing Activities     |   |                   | (375,422 | )  |   |   | - |   |
| Net      Cash Provided by Financing Activities |   |                   | 628,442  |   |   |   | 6,926 |   |
| Net      Increase (Decrease) in Cash           |   | $                      | 174,458  |   |   | $  | (5,211 | )  |

----

----

| •Accept      the capital contribution, from Johannes Petersen, of 2,845,800,000 shares      of the outstanding Common Stock of the Company to be canceled and returned      to the pool of the Company’s authorized and unissued shares of common      stock; and |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| •Increase      the amount of authorized shares of Common Stock of the Company to Five      Hundred Million (500,000,000); and                                                                                               |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|        •Amend      our corporate charter to include additional articles containing provisions      with respect to duration, cumulative voting, preemptive rights, liability      limitations and indemnification; and |
| •Effect      a 340-for-1 forward stock split, whereby each outstanding share of Common      Stock shall be converted into 340 shares of common  stock.                                                                      |

| (1)   | On      June 25, 2010, we filed an Amendment No. 1 on Form 8-K/A to the Current      Report on Form 8-K originally filed with the Securities and Exchange      Commission on April 14, 2010 by American Power Corp. The original Current      Report on Form 8-K announced an entry into a material definitive agreement      between American Power Corp., JBM Energy Company, LLC, Russell B. Pace,      Jr., and Realty Title Company, Inc. that conveyed certain coal and other      mineral rights in Judith Basin County, Montana to American Power      Corp. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2)   | On      June 30, 2010, we filed a Current Report on Form 8-K to announce the entry      into a Private Placement Subscription for Non U.S. Subscribers with Black      Sands Holdings, Inc. Black Sands Holdings, Inc. purchased 800,000 shares      of restricted common stock of American Power Corp. for an aggregate      purchase price of $400,000. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3)   | On      July 13, 2010, we filed a Current Report on Form 8-K to announce the entry      into a Merger Agreement with American Power Merger Corporation, a Nevada      corporation and subsidiary of the Company. Pursuant to the Merger      Agreement, American Power Merger Corporation, merged with and into the      Company, pursuant to the laws of the State of Nevada, so that the separate      existence of American Power Merger Corporation ceased, and thereupon      American Power Merger Corporation and the Company became a single      corporation, which shall continue to exist under the name American Power      Corporation, and be governed by the laws of the State of      Nevada. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4)   | On      August 4, 2010, we filed a Current Report on Form 8-K to announce the      entry into an Employment Agreement with Mr. Alvaro Valencia. We also      announced the appointment of Mr. Valencia as President, Chief Executive      Officer, and Director of theCompany. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                       |                                                                              |                                                                     |
|----------------------------|-----------------------------------------------------------------------------------|--------------------------------------------------------------------------|
|                       | AMERICAN      POWER CORPORATION (Registrant)                                 |
|                       |                                                                              |                                                                     |
| Date:      August 23, 2010 | By:                                                                               | /s/ Alvaro      Valencia                                                 |
|                       |                                                                              | Alvaro      ValenciaChief      Executive Officer, President and Director |
|                       |                                                                              |                                                                     |
|                       |                                                                              |                                                                     |
| Date:      August 23, 2010 | By:                                                                     | /s/ Johannes      Petersen                                               |
|                       | Johannes      PetersenChief      Financial Officer, Secretary, and Director  |