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| LIGHTLAKE THERAPEUTICS INC.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  (Exact name of registrant as specified in its charter)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |
| Nevada                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | N/A |
|  (State or other jurisdiction of incorporation or organization)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |  (IRS Employer Identification No.) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|   54 Baker Street., 6th Floor                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | W1U 7BU |
|  (Address of principal executive offices)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | (Zip Code) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|   44-207-034-1943                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|  (Registrant’s telephone number, including area code)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|                                                                                                |
|  (Former name, former address and former fiscal year, if changed since last report)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |

|   | Yes | x |  No | o |
|--------|-----|---|----------|---|

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

|   | Yes | o |  No | x |
|--------|-----|---|----------|---|

|   | Yes | o |  No | o |
|--------|-----|---|----------|---|

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Table of Contents

TABLE OF CONTENTS

| PART I FINANCIAL INFORMATION | Page                                                                                                                                                            |
|------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                         |                                                                                                                                                            |   |
| Item 1.                      | Financial Statements                                                                                                                                            |   3 |
|                         | Independent Accountant's Compilation Report                                                                                                                     | 3 |
|                         | Balance Sheets as of April 30, 2010 and July 31, 2009                                                                                                           |   4 |
|                         | Statements of Operations for the For the Three and Nine Months Ended April 30, 2010 and the Period From Inception (June 21, 2005) to April 30, 2010   |  5 |
|                         | Statement of Changes in Stockholders' Equity (Deficit) For the Nine Months Ended April 30, 2010 and the Period from Inception (June 21, 2005) to April 30, 2010 | 6 |
|                         | Statements of Cash Flows For the Three and Nine Months Ended April 30, 2010 and the period From Inception (June 21, 2005) to April 30, 2010           | 7 |
|                         | Notes to Financial Statements                                                                                                                                   | 8 |
|                         |                                                                                                                                                            |   |
| Item 2.                      | Management’s Discussion and Analysis of Financial Condition and Results of Operations                                                                     | 11 |
| Item 3.                      | Quantitative and Qualitative Disclosures About Market Risk                                                                                                      | 12 |
| Item 4.                      | Controls and Procedures                                                                                                                                         | 13 |
|                         |                                                                                                                                                            |   |
| PART II OTHER INFORMATION    |
|                         |                                                                                                                                                            |   |
| Item 1.                      | Legal Proceedings                                                                                                                                               | 13 |
| Item 2.                      | Unregistered Sales of Equity Securities and Use of Proceeds                                                                                                     | 13 |
| Item 3.                      | Defaults upon Senior Securities                                                                                                                                 |   13 |
| Item 4.                      | Submission of Matters to a Vote of Security Holders                                                                                                             | 13 |
| Item 5.                      | Other Information                                                                                                                                               | 13 |
| Item 6.                      | Exhibits                                                                                                                                                   | 14 |
|                         |                                                                                                                                                            |   |
| Signatures                   | 15                                                                                                                                                              |

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Table of Contents

Item 1. Financial Statements.

K Y A 

| INDEPENDENT ACCOUNTANT’S COMPILATION REPORT |
|---------------------------------------------------|

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Balance Sheet

|                                                                              |   | April 30, |       |   | July 31, |   |
|-----------------------------------------------------------------------------------|--------|-----------|------------|--------|----------|--------|
| Assets                                                                            |   | 2010      |       |   | 2009     |   |
| Current assets                                                                    |   |      |       |   |     |   |
| Cash and cash equivalents                                                         |   | $         | 1,993      |   |     | $      | 290 |   |
| Other current assets                                                              |   |      | -          |   |     |   | - |   |
| Total current assets                                                              |   |      | 1,993      |   |     |   | 290 |   |
|                                                                              |   |      |       |   |     |   |   |   |
| Other assets                                                                      |   |      |       |   |     |   |   |   |
| Patent and Patent Applications (Net of Accumulated Amortizaton)                   |   |      | 20,079     |   |     |   | - |   |
|                                                                              |   |      |       |   |     |   |   |   |
| Total assets                                                                      |   | $         | 22,072     |   |     | $      | 290 |   |
|                                                                              |   |      |       |   |     |   |   |   |
| Liabilities and Shareholders' Deficit                                             |   |      |       |   |     |   |   |   |
| Liabilities                                                                       |   |      |       |   |     |   |   |   |
| Accounts payable and accrued liabilities                                          |   | $         | 84,119     |   |     | $      | - |   |
| Accrued Salaries and wages                                                        |   |      | 57,417     |   |     | $      | - |   |
| Due to related party                                                              |   |      | 333,469    |   |     |   | - |   |
| Total liabilities                                                                 |   |      | 475,005    |   |     |   | - |   |
|                                                                              |   |      |       |   |     |   |   |   |
|                                                                              |   |      |       |   |     |   |   |   |
| Stockholders' equity (deficit)                                                    |   |      |       |   |     |   |   |   |
| Common stock; par value $0.001; 200,000,000 shares authorized;                    |   |      |       |   |     |   |   |   |
| 58,508,333 shares issued and outstanding at April 30, 2010 and                    |   |      |       |   |     |   |   |   |
|   6,525,000 shares issued and outstanding at July 31, 2009 (Pre-Split ) |   |      | 58,508     |   |     |   | 6,525 |   |
| Additional paid-in capital                                                        |   |      | 1,026,125  |   |     |   | 48,975 |   |
| Treasury Shares                                                                   |   |      | 50,000     |   |     |   | - |   |
| Accumulated deficit during the development stage                                  |   |      | (1,587,566 | )      |     |   | (55,210 | ) |
| Total stockholders' deficit                                                       |   |      | (452,933   | )      |     |   | 290 |   |
| Total liabilities and stockholders' equity                                        |   | $         | 22,072     |   |     | $      | 290 |   |
|                                                                              |   |      |       |   |     |   |   |   |

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Table of Contents

Statements of Operations

|                                            |   | For the            |       |   | For the           |   |      | From Inception  |   |
|-------------------------------------------------|--------|--------------------|------------|--------|-------------------|--------|-----------|-----------------|--------|
|                                            |   | Three Months Ended |       |   | Nine Months Ended |   |      | (June 21, 2005) |   |
|                                            |   |               |       |   |              |   |      |            |   |   |   |   |   | to April 30, |   |
|                                            |   | April 30, 2010     |       |   | 2009              |   |      | April 30, 2010  |   |   | 2009 |   |   | 2010 |   |
|                                            |   |               |       |   |              |   |      |            |   |   |   |   |   |   |   |
| Revenues                                        |   | $                  | -          |   |              | $      | -         |            |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                            |   |               |       |   |              |   |      |            |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating expenses                              |   |               |       |   |              |   |      |            |   |   |   |   |   |   |   |   |   |   |   |   |
| General and administrative                      |   |               | 217,369    |   |              |   | 4,317     |            |   |   | 1,532,356 |   |   |   | 13,009 |   |   |   | 1,591,714 |   |
| Mineral interests                               |   |               | -          |   |              |   | -         |            |   |   | - |   |   |   | - |   |   |   | 39,015 |   |
| Total operating expenses                        |   |               | 217,369    |   |              |   | 4,317     |            |   |   | 1,532,356 |   |   |   | 13,009 |   |   |   | 1,630,729 |   |
|                                            |   |               |       |   |              |   |      |            |   |   |   |   |   |   |   |   |   |   |   |   |
| Income (loss) from operations                   |   |               | (217,369   | )      |              |   | (4,317    | )               |   |   | (1,532,356 | ) |   |   | (13,009 | ) |   |   | (1,630,729 | ) |
|                                            |   |               |       |   |              |   |      |            |   |   |   |   |   |   |   |   |   |   |   |   |
| Other income (expense)                          |   |               |       |   |              |   |      |            |   |   |   |   |   |   |   |   |   |   |   |   |
| Debt forgiveness                                |   |               | -          |   |              |   | -         |            |   |   | - |   |   |   | - |   |   |   | 43,163 |   |
| Total other income (expense)                    |   |               | -          |   |              |   | -         |            |   |   | - |   |   |   | - |   |   |   | 43,163 |   |
|                                            |   |               |       |   |              |   |      |            |   |   |   |   |   |   |   |   |   |   |   |   |
| Income (loss) before provision for income taxes |   |               | (217,369   | )      |              |   | (4,317    | )               |   |   | (1,532,356 | ) |   |   | (13,009 | ) |   |   | (1,587,566 | ) |
|                                            |   |               |       |   |              |   |      |            |   |   |   |   |   |   |   |   |   |   |   |   |
| Provision for income taxes                      |   |               | -          |   |              |   | -         |            |   |   | - |   |   |   | - |   |   |   | - |   |
|                                            |   |               |       |   |              |   |      |            |   |   |   |   |   |   |   |   |   |   |   |   |
| Net income (loss)                               |   | $                  | (217,369   | )      |              | $      | (4,317    | )               |   | $ | (1,532,356 | ) |   | $ | (13,009 | ) |   | $ | (1,587,566 | ) |
|                                            |   |               |       |   |              |   |      |            |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic and fully diluted loss per common share:  |   |               |       |   |              |   |      |            |   |   |   |   |   |
| Earnings (loss) per common share                |   | $                  | (0.00      | )      |              | $      | (0.00     | )               |   | $ | (0.02 | ) |   | $ | (0.00 | ) |   |   |   |   |
| Basic and fully diluted weighted average        |   |               |       |   |              |   |      |            |   |   |   |   |   |   |   |   |   |
| common shares outstanding                       |   |               | 95,719,711 |   |              |   | 6,525,000 |            |   |   | 95,719,711 |   |   |   | 6,525,000 |   |   |   |   |   |
|                                            |   |               |       |   |              |   |      |            |   |   |   |   |   |   |   |   |   |   |   |   |

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Table of Contents

Statement of Changes in Stockholders' Equity (Deficit)

|                                       |   |         |         |   |    |   |     |       |   |   |               |   |   | Deficit    |   |   |   |   |
|--------------------------------------------|--------|--------------|--------------|--------|---------|--------|----------|------------|--------|--------|--------------------|--------|--------|------------|--------|--------|--------|--------|
|                                       |   |         |         |   |    |   |     | Additional |   |   |               |   |   | During the |   |   |   |   |
|                                       |   | Common Stock |         |   | Paid In |   |     | Treasury   |   |   |   Development |   |   |       |
|                                       |   | Shares       |         |   | Amount  |   |     | Capital    |   |   | Stock              |   |   | Stage      |   |   | Total  |   |
|                                       |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   |
| Balance at June 21, 2005                   |   |         | -            |   |    | $      | -        |       |   | $      | -                  |   |   | $          | -      |   |   | $      | - |   |   | $ | - |   |
|                                       |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   |   |   |   |   |   |   |
| Balance at July 31, 2005                   |   |         | -            |   |    |   | -        |       |   |   | -                  |   |   |       | -      |   |   |   | - |   |   |   | - |   |
|                                       |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   |   |   |   |   |   |   |
| Common shares issued for cash              |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   |   |   |   |
|   March 2006 at $0.001 per share |   |         | 5,000,000    |   |    |   | 5,000    |       |   |   | -                  |   |   |       |   |   |   |   |   |   |   |   | 5,000 |   |
|   March 2006 at $0.01 per share  |   |         | 1,300,000    |   |    |   | 1,300    |       |   |   | 11,700             |   |   |       |   |   |   |   |   |   |   |   | 13,000 |   |
|   April 2006 at $0.01 per share  |   |         | 75,000       |   |    |   | 75       |       |   |   | 7,425              |   |   |       |   |   |   |   |   |   |   |   | 7,500 |   |
|   May 2006 at $0.01 per share    |   |         | 150,000      |   |    |   | 150      |       |   |   | 29,850             |   |   |       |   |   |   |   |   |   |   |   | 30,000 |   |
|                                       |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   |   |   |   |   |   |   |
| Net income (loss)                          |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   | (32,125 | ) |   |   | (32,125 | ) |
|                                       |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   |   |   |   |   |   |   |
| Balance at July 31, 2006                   |   |         | 6,525,000    |   |    |   | 6,525    |       |   |   | 48,975             |   |   |       | -      |   |   |   | (32,125 | ) |   |   | 23,375 |   |
|                                       |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   |   |   |   |   |   |   |
| Net income (loss)                          |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   | (33,605 | ) |   |   | (33,605 | ) |
|                                       |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   |   |   |   |   |   |   |
| Balance at July 31, 2007                   |   |         | 6,525,000    |   |    |   | 6,525    |       |   |   | 48,975             |   |   |       | -      |   |   |   | (65,730 | ) |   |   | (10,230 | ) |
|                                       |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   |   |   |   |   |   |   |
| Net income (loss)                          |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   | (17,924 | ) |   |   | (17,924 | ) |
|                                       |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   |   |   |   |   |   |   |
| Balance at July 31, 2008                   |   |         | 6,525,000    |   |    |   | 6,525    |       |   |   | 48,975             |   |   |       | -      |   |   |   | (83,654 | ) |   |   | (28,154 | ) |
|                                       |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   |   |   |   |   |   |   |
| Net income (loss)                          |   |         | -            |   |    |   | -        |       |   |   | -                  |   |   |       | -      |   |   |   | 28,444 |   |   |   | 28,444 |   |
|                                       |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   |   |   |   |   |   |   |
| Balance at July 31, 2009                   |   |         | 6,525,000    |   |    | $      | 6,525    |       |   | $      | 48,975             |   |   | $          | -      |   |   | $      | (55,210 | ) |   | $ | 290 |   |
|                                       |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   |   |   |   |   |   |   |
| Forward Stock Split : 20 for 1             |   |         | 130,500,000  |   |    | $      | 130,500  |       |   | $      | (130,500           | )      |   |       |   |   |   |   |   |   |   |   | - |   |
|                                       |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   |   |   |   |   |   |   |
| Stock Issued for Services                  |   |         | 300,000      |   |    |   | 300      |       |   |   | -                  |   |   |       | -      |   |   |   |   |   |   |   | 300 |   |
|                                       |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   |   |   |   |   |   |   |
| Stock Issued for Acquisition of Patent     |   |         | 20,333,333   |   |    |   | 20,333   |       |   |   | -                  |   |   |       | -      |   |   |   |   |   |   |   | 20,333 |   |
|                                       |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   |   |   |   |   |   |   |
| Returned to treasury                       |   |         | (100,000,000 | )      |    |   | (100,000 | )          |   |   | 50,000             |   |   |       | 50,000 |   |   |   |   |   |   |   | - |   |
|                                       |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   |   |   |   |   |   |   |
| Stock for services                         |   |         | 850,000      |   |    |   | 850      |       |   |   | 1,057,650          |   |   |       |   |   |   |   |   |   |   |   | 1,058,500 |   |
|                                       |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   |   |   |   |   |   |   |
| Net income (loss)                          |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   | (1,532,356 | ) |   |   | (1,532,356 | ) |
|                                       |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   |   |   |   |   |   |   |
| Balance at April 30, 2010                  |   |         | 58,508,333   |   |    | $      | 58,508   |       |   | $      | 1,026,125          |   |   | $          | 50,000 |   |   | $      | (1,587,566 | ) |   | $ | (452,933 | ) |
|                                       |   |         |         |   |    |   |     |       |   |   |               |   |   |       |   |   |   |   |   |   |   |   |   |   |

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Table of Contents

Statements of Cash Flows

|                                                                                                                     |   | For the            |     |   | For the           |   |   | From Inception  |   |
|--------------------------------------------------------------------------------------------------------------------------|--------|--------------------|----------|--------|-------------------|--------|--------|-----------------|--------|
|                                                                                                                     |   | Three Months Ended |     |   | Nine Months Ended |   |   | (June 21, 2005) |   |
|                                                                                                                     |   | April 30,          |     |   | April 30,         |   |   | to April 30,    |   |
|                                                                                                                     |   | 2010               |     |   | 2009              |   |   | 2010            |   |   | 2009 |   |   | 2010 |   |
|                                                                                                                     |   |               |     |   |              |   |   |            |   |   |   |   |   |   |   |
| Cash Flows Provided (Used) By Operating Activities                                                                       |   |               |     |   |              |   |   |            |   |   |
| Net income (loss)                                                                                                        |   | $                  | (217,369 | )      |              | $      | (4,317 | )               |   | $ | (1,532,356 | ) |   | $ | (13,009 | ) |   | $ | (1,587,566 | ) |
| Adjustments to reconcile net income (loss) to net cash                                                                   |   |               |     |   |              |   |   |            |   |
| provided from (used by) operating activities:                                                                            |   |               |     |   |              |   |   |            |   |   |   |   |   |
| Amortization                                                                                                             |   |               | 254      |   |              |   | -      |            |   |   | 254 |   |   |   | - |   |   |   | 254 |   |
|                                                                                                                     |   |               |     |   |              |   |   |            |   |   |   |   |   |   |   |   |   |   |   |   |
| Increase (decrease) in accounts payable                                                                                  |   |               | 37,500   |   |              |   | 742    |            |   |   | 84,119 |   |   |   | (1,303 | ) |   |   | 84,119 |   |
| Increase in accrued salaries and wages                                                                                   |   |               | 11,250   |   |              |   | -      |            |   |   | 57,417 |   |   |   | - |   |   |   | 57,417 |   |
| Increase (decrease) in due to related party                                                                              |   |               | 168,100  |   |              |   | 3,488  |            |   |   | 333,469 |   |   |   | 14,106 |   |   |   | 333,469 |   |
| Net cash provided from (used by) operating activities                                                                    |   |               | (265     | )      |              |   | (87    | )               |   |   | (1,057,097 | ) |   |   | (206 | ) |   |   | (1,112,307 | ) |
|                                                                                                                     |   |               |     |   |              |   |   |            |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash Flows Provided (Used) By Investing Activities                                                                       |   |               | -        |   |              |   | -      |            |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                                                                                     |   |               |     |   |              |   |   |            |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash Flows Provided (Used) By Financing Activities                                                                       |   |               |     |   |              |   |   |            |   |   |   |   |   |
| Issuance of common stock for services                                                                                    |   |               | -        |   |              |   | -      |            |   |   | 1,058,800 |   |   |   | - |   |   |   | 1,058,800 |   |
| Issuance of common stock for cash                                                                                        |   |               | -        |   |              |   | -      |            |   |   | - |   |   |   | - |   |   |   | 55,500 |   |
| Net cash provided from (used by) financing activities                                                                    |   |               | -        |   |              |   | -      |            |   |   | 1,058,800 |   |   |   | - |   |   |   | 1,114,300 |   |
|                                                                                                                     |   |               |     |   |              |   |   |            |   |   |   |   |   |   |   |   |   |   |   |   |
| Net increase (decrease) in cash and cash equivalents                                                                     |   |               | (265     | )      |              |   | (87    | )               |   |   | 1,703 |   |   |   | (206 | ) |   |   | 1,993 |   |
| Cash and cash equivalents, beginning of period                                                                           |   |               | 2,258    |   |              |   | 87     |            |   |   | 290 |   |   |   | 206 |   |   |   | - |   |
| Cash and cash equivalents, end of period                                                                                 |   | $                  | 1,993    |   |              | $      | -      |            |   | $ | 1,993 |   |   | $ | - |   |   | $ | 1,993 |   |
|                                                                                                                     |   |               |     |   |              |   |   |            |   |   |   |   |   |   |   |   |   |   |   |   |
| Supplemental disclosure                                                                                                  |   |               |     |   |              |   |   |            |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest paid during the period                                                                                          |   | $                  | -        |   |              | $      | -      |            |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                                                                                                     |   |               |     |   |              |   |   |            |   |   |   |   |   |   |   |   |   |   |   |   |
| Non-Cash Transactions                                                                                                    |   |               |     |   |              |   |   |            |   |   |   |   |   |   |   |   |   |   |   |   |
| In August, 2009, the Company acquired a Patent and Patent Applications through the issuance of 20,333,000 Common shares. |   |
| In December, 2009, the Company cancelled 100,000,000 shares and returned to treasury.                                    |   |
|                                                                                                                     |   |               |     |   |              |   |   |            |   |   |   |   |   |   |   |   |   |   |   |   |

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Notes to Financial Statements

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

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| Balance Sheet Data:   |   |   | 4/30/10 |     |   | 1/31/10 |   |
|-----------------------|--------|--------|---------|----------|--------|---------|--------|
|                  |   |   |    |     |   |    |   |   |   |   |
|                  |   |   |    |     |   |    |   |   |   |   |
| Cash                  |   |   | $       | 1,993    |   |    | $      | 2,258 |   |
| Total assets          |   |   | $       | 22,072   |   |    | $      | 22,591 |   |
| Total Liabilities     |   |   | $       | 475,005  |   |    | $      | 258,155 |   |
| Shareholder's deficit |   |   | $       | (452,993 | )      |    | $      | (235,564 | ) |

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

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Item 4. Controls and Procedures.

ITEM 1. LEGAL PROCEEDINGS

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

OTHER INFORMATION

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ITEM 6. EXHIBITS

| Exhibit Number |   | Description                              |
|----------------|--------|------------------------------------------|
|           |   |                                     |
| 3.1            |   | Articles of Incorporation*               |
| 3.2            |   | Bylaws*                                  |
| 31.1           |   | Rule 13a-14(a)/14a-15(d) Certification   |
| 31.2           |   | Rule 13a-14(a)/14a-15(d) Certification   |
| 32.1           |   | Certification pursuant to 18 U.S.C. 1350 |
| 32.2           |   | Certification pursuant to 18 U.S.C. 1350 |

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SIGNATURES

|                |   |                                                                                                                                                                                         |   |
|---------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| Date: June 11, 2010 | By:    | /s/ Dr. Roger Crystal                            |   |
|                |   | Name  Dr. Roger Crystal                                                                                                                                                                 |   |
|                |   | Title Chief Executive Officer and President                                                                                                                                             |   |
|                |   |                                                                                                                                                                                         |   |

|                |   |                                                                                                                                                                                                                                                                                       |   |
|---------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| Date: June 11, 2010 | By:    | /s/ Seijin Ki                                             |   |
|                |   | Name Seijin Ki                                                                                                                                                                                                                                                                        |   |
|                |   | Title Chief Financial Officer and Director                                                                                                                                                                                                                                            |   |
|                |   |                                                                                                                                                                                                                                                                                       |   |

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