UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549  FORM 10-Q  X.QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  For the quarterly period ended June 30, 2010  .TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT  For the transition period from ______ to _______  Commission File Number 000-31423  ENDEAVOR POWER CORP. (Name of small business issuer in its charter)  Nevada72-1619354(State of incorporation)(I.R.S. Employer Identification No.)  4695 MacArthur Court, Suite 1430 Newport Beach, CA 92660-1869 (Address of principal executive offices)  Tel. (949) 475-9086 Fax (949) 475-9087 (Registrants telephone number)  12835 Arapahoe Road Tower One, Penthouse #850 Centennial, CO 80112 (Former name or former address, if changed since last report)  with a copy to: Carrillo Huettel, LLP 3033 Fifth Ave. Suite 201 San Diego, CA 92103 Telephone (619) 399-3090 Facsimile (619) 399-0120  Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X. No .  Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrants knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. .  Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.  Large accelerated filer.Accelerated filer.Non-accelerated filer. (Do not check if a smaller reporting company)Smaller reporting companyX.  Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes . No X.  As of August 13, 2010, there were 106,388,135 shares of the registrants $.001 par value common stock issued and outstanding.      ENDEAVOR POWER CORP.*  TABLE OF CONTENTS  PART I  FINANCIAL INFORMATIONItem 1. Financial Statements3Condensed Consolidated Balance Sheets as of June 30, 2010 (Unaudited) and December 31, 20094Condensed Consolidated Statement of Operations for the Three and Six Months Ended June 30, 2010 and 20095Condensed Consolidated Statement of Cash Flows for the Six Months Ended June 30, 2010 and 20096NOTES TO CONSOLIDATED FINANCIAL STATEMENTS7Item 2. Managements Discussion and Analysis of Financial Condition and Results of Operations13Item 3. Quantitative and Qualitative Disclosures About Market Risk16Item 4T. Controls and Procedures17PART II  Other InformationItem 1. Legal Proceedings17Item 1A. Risk Factors17Item 2. Unregistered Sales of Equity Securities and Use of Proceeds17Item 3. Defaults Upon Senior Securities17Item 4. Submission of Matters to a Vote of Security Holders17Item 5. Other Information17Item 6. Exhibits18SIGNATURES19  *Please note that throughout this Quarterly Report, except as otherwise indicated by the context, references in this report to Company, Endeavor, we, us and our are references to Endeavor Power Corp.  2     PART I. FINANCIAL INFORMATION  ITEM 1. FINANCIAL STATEMENTS  Endeavor Power Corp. (An Exploration Stage Company)  June 30, 2010   IndexBalance Sheets (unaudited)4Statements of Operations (unaudited)5Statements of Cash Flows (unaudited)8Notes to the Financial Statements (unaudited)7   3     Endeavor Power Corp. (An Exploration Stage Company) Balance Sheets (expressed in U.S. dollars) (unaudited)   June 30,
2010
$December 31,
2009
$ASSETSTotal AssetsLIABILITIES AND STOCKHOLDERS DEFICITCurrent LiabilitiesAccounts Payable40,18121,107Accrued Liabilities75,14533,081Due to Related Parties (Note 6)44,22528,834Notes Payable (Note 3)760,616137,757Total Liabilities920,167220,779Stockholders DeficitPreferred Stock
Authorized: 10,000,000 preferred shares, with a par value of $0.001 per share
Issued and outstanding: nil preferred sharesCommon Stock
Authorized: 250,000,000 common shares, with a par value of $0.001 per share
Issued and outstanding: 106,388,135 and 68,888,135 common shares, respectively106,38868,888Additional Paid-In Capital11,242,77911,010,279Accumulated Deficit During the Exploration Stage(12,269,334)(11,299,946)Total Stockholders Deficit(920,167)(220,779)Total Liabilities and Stockholders Deficit  Going Concern (Note 1) Subsequent Event (Note 6)  (The accompanying notes are an integral part of these financial statements)  4     Endeavor Power Corp. (An Exploration Stage Company) Statements of Operations (expressed in U.S. dollars) (unaudited)  For the Three Months Ended June 30,
2010For the Three Months Ended June 30,
2009For the Six Months Ended June 30,
2010For the Six Months Ended June 30,
2009Accumulated from July 6, 2005 (Date of Inception) to June 30,
2010$$$$$RevenueExpensesGeneral and Administrative1,17312,8941,84817,7434,278,693Impairment of joint venture costs609,718Impairment of mineral property costs5,600,000Management fees2,50025,0002,50037,00069,500Mineral property expenditures382,377Professional Fees17,66818,92540,30746,175239,042Total Expenses21,34156,81944,655100,91811,179,330Other Income (Expenses)Interest Income1,823Interest and accretion expense(606,035)(729,733)(896,827)Loss on settlement of debt (Note 4)(195,000)(195,000)(195,000)Total Other Income (Expenses)(801,035)(924,733)(1,090,004)Net Loss for the Period(822,376)(56,819)(969,388)(100,918)(12,269,334)Loss Per Share  Basic and Diluted Net Loss Per Share  Basic and Diluted(0.01)(0.01)Weighted Average Shares Outstanding74,657,43165,344,86571,788,75265,344,865  (The accompanying notes are an integral part of these financial statements)  5     Endeavor Power Corp. (An Exploration Stage Company) Statements of Cash Flows (expressed in U.S. dollars) (unaudited)   For the Six Months Ended June 30,
2010For the Six Months Ended June 30,
2009Accumulated from July 6, 2005 (Date of Inception) to June 30,
2010$$$Operating ActivitiesNet loss for the period(969,388)(100,918)(12,269,334)Adjustments to reconcile net income to net cash provided by operating activities:Accretion expense688,784826,541Common shares issued for services4,170,452Common shares issued for incentives110,250Impairment of joint venture agreements609,718Impairment of mineral properties5,600,000Loss on settlement of debt195,000195,000Changes in operating assets and liabilities:Accounts payable and accrued liabilities61,13882,166102,151Due to related parties9,588Net Cash Used In Operating Activities(24,466)(18,752)(645,634)Investing ActivityInvestment in Joint Venture(309,868)(609,718)Net Cash Used in Investing Activity(309,868)(609,718)Financing ActivitiesProceeds from related parties15,391328,273902,337Proceeds from note payable9,0759,075Proceeds from shareholders264,949Proceeds from issuance of common shares83,991Repayment on cancellation of common shares(5,000)Net Cash Provided By Financing Activities24,466328,2731,255,352Increase (Decrease) in Cash(347)Cash  Beginning of Period347Cash  End of PeriodSupplemental DisclosuresInterest paidIncome tax paidNon-cash Investing and Financing ActivitiesCommon shares issued to acquire mineral properties5,600,000Common shares issued to settle note payable75,00075,000  (The accompanying notes are an integral part of these financial statements)   6   Endeavor Power Corp. (An Exploration Stage Company) Notes to the Financial Statements (expressed in U.S. dollars)    1. Nature of Operations and Continuance of Business  Endeavor Power Corp. (the Company) was incorporated in the State of Nevada on July 6, 2005 under the name VB Biotech Laboratories, Inc. (VB Labs).  On September 21, 2007, the Company filed a Certificate of Amendment with the State of Nevada to change its operating name to VB Trade, Inc. (VB Trade), with principal business operations to develop an online website that allowed web designers to sell their website designs in exchange for a commission on all products that were sold through the website.   On September 21, 2007, the Company entered into a Plan of Merger (the Merger) with Endeavor Uranium, Inc., a mineral exploration company with mineral properties in the northwestern United States.  Effectively, the Company changed its name to Endeavor Uranium, Inc. as part of the Merger transaction.  On December 23, 2008, the Company entered into a Joint Venture Agreement (the Agreement) with Federated Energy Corporation (Federated), a Tennessee corporation, for working interests in prospective oil and gas wells located in Nowata County, Oklahoma.  Effectively on December 23, 2008, the Company changed its operating name to Endeavor Power Corp.  The Company is an Exploration Stage Company, as defined by Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 915, Development Stage Entities.  These financial statements have been prepared on a going concern basis, which implies that the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has generated no revenues to date and has never paid any dividends and is unlikely to pay dividends or generate significant earnings in the immediate or foreseeable future.  As at June 30, 2010, the Company had a working capital deficit of $920,167 and an accumulated deficit of $12,269,334. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability to raise equity or debt financing, and the attainment of profitable operations from the Company's future business. These factors raise substantial doubt regarding the Companys ability to continue as a going concern. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.  2. Summary of Significant Accounting Policies  a) Basis of Presentation  These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in U.S. dollars. The Companys fiscal year-end is December 31.  b) Interim Financial Statements  These interim unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and with the instructions to Securities and Exchange Commission (SEC) Form 10-Q. They do not include all of the information and footnotes required by generally accepted accounting principles for complete consolidated financial statements. Therefore, these consolidated financial statements should be read in conjunction with the Companys audited financial statements and notes thereto for the year ended December 31, 2009, included in the Companys Annual Report on Form 10- filed on May 17, 2010 with the SEC.  The financial statements included herein are unaudited; however, they contain all normal recurring accruals and adjustments that, in the opinion of management, are necessary to present fairly the Companys financial position at June 30, 2010, and the results of its operations and cash flows for the three and six month periods ended June 30, 2010 and 2009. The results of operations for the period ended June 30, 2010 are not necessarily indicative of the results to be expected for future quarters or the full year.  c) Cash and Cash Equivalents  The Company considers all highly liquid instruments with maturity of three months or less at the time of issuance to be cash equivalents. As at June 30, 2010 and December 31, 2009, the Company had no cash equivalents.  7   Endeavor Power Corp. (An Exploration Stage Company) Notes to the Financial Statements (expressed in U.S. dollars)    2. Summary of Significant Accounting Policies (continued)  d) Use of Estimates  The preparation of financial statements in conformity with generally accepted accounting principles in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the valuation of its mineral properties, and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Companys estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.  e) Basic and Diluted Net Income (Loss) Per Share  The Company computes net income (loss) per share in accordance with ASC 260, Earning per Share.  ASC 260 requires presentation of both basic and diluted earnings per share (EPS) on the face of the income statement. Basic EPS is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing Diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti dilutive.  f) Comprehensive Loss  ASC 220,Comprehensive Income, establishes standards for the reporting and display of comprehensive loss and its components in the financial statements. As at June 30, 2010 and December 31, 2009, the Company has no items that represent comprehensive loss and, therefore, has not included a schedule of comprehensive loss in the financial statements.  g) Foreign Currency Translation  The Companys functional and reporting currency is the United States dollar. Monetary assets and liabilities denominated in foreign currencies are translated in accordance with ASC 830 Foreign Currency Translation Matters, using the exchange rate prevailing at the balance sheet date. Gains and losses arising on translation or settlement of foreign currency denominated transactions or balances are included in the determination of income. Foreign currency transactions are primarily undertaken in Canadian dollars. The Company has not, to the date of these financials statements, entered into derivative instruments to offset the impact of foreign currency fluctuations.  h) Oil and Gas Properties  The Company utilizes the full-cost method of accounting for petroleum and natural gas properties. Under this method, the Company capitalizes all costs associated with acquisition, exploration and development of oil and natural gas reserves, including leasehold acquisition costs, geological and geophysical expenditures, lease rentals on undeveloped properties and costs of drilling of productive and non-productive wells into the full cost pool on a country by country basis. When the Company obtains proven oil and gas reserves, capitalized costs, including estimated future costs to develop the reserves proved and estimated abandonment costs, net of salvage, will be depleted on the units-of-production method using estimates of proved reserves. The costs of unproved properties are not amortized until it is determined whether or not proved reserves can be assigned to the properties. Until such determination is made the Company assesses annually whether impairment has occurred, and includes in the amortization base drilling exploratory dry holes associated with unproved properties.  8   Endeavor Power Corp. (An Exploration Stage Company) Notes to the Financial Statements (expressed in U.S. dollars)    2. Summary of Significant Accounting Policies (continued)  h) Oil and Gas Properties(continued)  The Company applies a ceiling test to the capitalized cost in the full cost pool. The ceiling test limits such cost to the estimated present value, using a ten percent discount rate, of the future net revenue from proved reserves, based on current economic and operating conditions. Specifically, the Company computes the ceiling test so that capitalized cost, less accumulated depletion and related deferred income tax, do not exceed an amount (the ceiling) equal to the sum of: (A) The present value of estimated future net revenue computed by applying current prices of oil and gas reserves (with consideration of price changes only to the extent provided by contractual arrangements) to estimated future production of proved oil and gas reserves as of the date of the latest balance sheet presented, less estimated future expenditures (based on current cost) to be incurred in developing and producing the proved reserves computed using a discount factor of ten percent and assuming continuation of existing economic conditions; plus (B) the cost of property not being amortized; plus (C) the lower of cost or estimated fair value of unproven properties included in the costs being amortized; less (D) income tax effects related to differences between the book and tax basis of the property.  For unproven properties, the Company excludes from capitalized costs subject to depletion, all costs directly associated with the acquisition and evaluation of the unproved property until it is determined whether or not proved reserves can be assigned to the property. Until such a determination is made, the Company assesses the property at least annually to ascertain whether impairment has occurred. In assessing impairment the Company considers factors such as historical experience and other data such as primary lease terms of the property, average holding periods of unproved property, and geographic and geologic data. The Company adds the amount of impairment assessed to the cost to be amortized subject to the ceiling test.  i) Financial Instruments  Pursuant to ASC 820, Fair Value Measurements and Disclosuresand ASC 825, Financial Instruments, an entity is required to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 and 825 establish a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instruments categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 and 825 prioritize the inputs into three levels that may be used to measure fair value:  Level 1  Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.  Level 2  Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.  Level 3  Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.  The Companys financial instruments consist principally of cash, accounts payable, and accrued liabilities. Pursuant to ASC 820 and 825, the fair value of cash is determined based on Level 1 inputs, which consist of quoted prices in active markets for identical assets. The recorded values of all other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations.  9   Endeavor Power Corp. (An Exploration Stage Company) Notes to the Financial Statements (expressed in U.S. dollars)    2. Summary of Significant Accounting Policies (continued)  j) Stock-Based Compensation  The Company records stock-based compensation in accordance with ASC 718, Share-Based Payments, using the fair value method. All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. Equity instruments issued to employees and the cost of the services received as consideration are measured and recognized based on the fair value of the equity instruments issued.  k) Recent Accounting Pronouncements  In January 2010, the FASB issued an amendment to ASC 820, Fair Value Measurements and Disclosure, to require reporting entities to separately disclose the amounts and business rationale for significant transfers in and out of Level 1 and Level 2 fair value measurements and separately present information regarding purchase, sale, issuance, and settlement of Level 3 fair value measures on a gross basis.  This standard, for which the Company is currently assessing the impact, is effective for interim and annual reporting periods beginning after December 15, 2009 with the exception of disclosures regarding the purchase, sale, issuance, and settlement of Level 3 fair value measures which are effective for fiscal years beginning after December 15, 2010.  In January 2010, the FASB issued an amendment to ASC 505, Equity, where entities that declare dividends to shareholders that may be paid in cash or shares at the election of the shareholders are considered to be a share issuance that is reflected prospectively in EPS, and is not accounted for as a stock dividend.  This standard is effective for interim and annual periods ending on or after December 15, 2009 and is to be applied on a retrospective basis.  The adoption of this standard is not expected to have a significant impact on the Companys financial statements.  In October 2009, the FASB issued an amendment to the accounting standards related to certain revenue arrangements that include software elements. This standard clarifies the existing accounting guidance such that tangible products that contain both software and non-software components that function together to deliver the products essential functionality, shall be excluded from the scope of the software revenue recognition accounting standards. Accordingly, sales of these products may fall within the scope of other revenue recognition standards or may now be within the scope of this standard and may require an allocation of the arrangement consideration for each element of the arrangement. This standard, for which the Company is currently assessing the impact, will become effective on January 1, 2011.  In October 2009, FASB issued an amendment to the accounting standards related to the accounting for revenue in arrangements with multiple deliverables including how the arrangement consideration is allocated among delivered and undelivered items of the arrangement. Among the amendments, this standard eliminated the use of the residual method for allocating arrangement considerations and requires an entity to allocate the overall consideration to each deliverable based on an estimated selling price of each individual deliverable in the arrangement in the absence of having vendor-specific objective evidence or other third party evidence of fair value of the undelivered items. This standard also provides further guidance on how to determine a separate unit of accounting in a multiple-deliverable revenue arrangement and expands the disclosure requirements about the judgments made in applying the estimated selling price method and how those judgments affect the timing or amount of revenue recognition. This standard, for which the Company is currently assessing the impact, will become effective on January 1, 2011.  In August 2009, FASB issued an amendment to the accounting standards related to the measurement of liabilities that are recognized or disclosed at fair value on a recurring basis. This standard clarifies how a company should measure the fair value of liabilities and that restrictions preventing the transfer of a liability should not be considered as a factor in the measurement of liabilities within the scope of this standard. This standard is effective for the Company on October 1, 2009. The adoption of this amendment did not have a material effect on the Companys financial statements.  10   Endeavor Power Corp. (An Exploration Stage Company) Notes to the Financial Statements (expressed in U.S. dollars)    2. Summary of Significant Accounting Policies (continued)  k) Recent Accounting Pronouncements (continued)  In June 2009, the FASB issued guidance now codified as ASC 105, Generally Accepted Accounting Principles as the single source of authoritative accounting principles recognized by the FASB to be applied by nongovernmental entities in the preparation of financial statements in conformity with U.S. GAAP, aside from those issued by the SEC. ASC 105 does not change current U.S. GAAP, but is intended to simplify user access to all authoritative U.S. GAAP by providing all authoritative literature related to a particular topic in one place.  The adoption of ASC 105 did not have a material impact on the Companys financial statements, but did eliminate all references to pre-codification standards.  The Company has implemented all new accounting pronouncements that are in effect.  These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.  3. Note Payable  On August 25, 2009, the Company issued a convertible promissory note (the Note) of $826,541 to a related party to settle outstanding debt obligations owing as of the issuance date.  Under the terms of the Note, the amount owing is due interest at 10% per annum, is due on August 25, 2011, and is convertible into common shares of the Company at $0.60 per common share at the discretion of the note holder from the date of issuance, or convertible at the discretion of the Company if the trading price exceeds $2.00 per common share over ten consecutive days.  Furthermore, the Note includes 500,000 share purchase warrants, where each warrant allows the warrant holder to purchase one additional common share of the Company at $0.90 per common share for a period of three years from the date of issuance, along with an incentive bonus of 75,000 common shares which was paid on July 22, 2009.   In accordance with EITF 00-27, Application of Issue No. 98-5 to Certain Convertible Instruments, the Company determined that the multiple financial instruments issued in the convertible promissory notes resulted in an allocation of the fair value between the convertible note and the share purchase warrants which resulted in a discount on the convertible notes of $826,541 that was recorded against the note payable and a corresponding credit to additional paid-in capital.  On June 17, 2010, the Company amended the terms of the Note to remove the convertibility feature, and issued 37,500,000 common shares to settle $75,000 of the outstanding Note.  As a result, the Company recognized accretion expense of $688,784 during the six month period ended June 30, 2010 to amortize the undiscounted portion of the Note prior to the amendment of the terms of the note and the partial resettlement of outstanding balances.  As at June 30, 2010, the Company has an outstanding balance owing of $751,541 for the promissory note.  In June 2010, the Company issued a note payable of $9,075 to a non-related party.  Under the terms of the agreement, the amounts are unsecured, non-interest bearing, and due on demand.  4. Common Shares  On June 17, 2010, the Company issued 37,500,000 common shares to a related party for the repayment of $75,000 of note payable, as noted in Note 3.  The shares were valued at $270,000 using end-of-day market prices, resulting in a loss on settlement of debt of $195,000.  5. Share Purchase Warrants  In August 2009, the Company issued 500,000 share purchase warrants with an exercise price of $0.90 per warrant for a period of three years, as part of the convertible loan issued to a related party.  The warrants were valued using Black Scholes option pricing model using an expected life of three years, volatility of 117%, and risk-free rate of 1.29%.  11   Endeavor Power Corp. (An Exploration Stage Company) Notes to the Financial Statements (expressed in U.S. dollars)    5. Share Purchase Warrants (continued)  During the period ended June 30, 2010, the Company had the following share purchase warrants outstanding:  Number of
WarrantsWeighted
Average
Exercise PriceWeighted
Average
Contractual Life (years)Aggregate
Intrinsic
ValueBalance  December 31, 2008Granted500,000$0.90Balance  December 31, 2009 and June 30, 2010500,000$0.902.41   As at June 30, 2010, the following share purchase warrants were outstanding:  Number of WarrantsExercise PriceExpiry Date500,000$0.90August 25, 2012500,000  6. Related Party Transactions  a) As at June 30, 2010, the Company owes $9,588 (December 31, 2009 - $9,588) to a director of the Company for financing of day-to-day activities.  The amounts owing are unsecured, non-interest bearing, and due on demand.  b) As at June 30, 2010, the Company owes $34,637 (December 31, 2009 - $19,246) to shareholders of the Company for financing of day-to-day activities.  The amounts owing are unsecured, non-interest bearing, and due on demand.  7. Subsequent Events  On June 30, 2010, the Companys Board of Directors voted to authorize a 1-for-100 reverse stock split (the Reverse Stock Split) of the issued and outstanding shares of common stock of the company, with the Company filing a certificate of amendment with the Nevada Secretary of State on August 4, 2010, to effectuate the Reverse Stock Split. The Reverse Stock Split has an effective date as of August 16, 2010.  12     ITEM 2. MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL  CONDITION AND RESULTS OF OPERATIONS  The following discussion should be read in conjunction with our consolidated financial statements and notes thereto included herein. In connection with, and because we desire to take advantage of, the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, we caution readers regarding certain forward looking statements in the following discussion and elsewhere in this report and in any other statement made by, or on our behalf, whether or not in future filings with the Securities and Exchange Commission. Forward looking statements are statements not based on historical information and which relate to future operations, strategies, financial results or other developments. Forward looking statements are necessarily based upon estimates and assumptions that are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control and many of which, with respect to future business decisions, are subject to change. These uncertainties and contingencies can affect actual results and could cause actual results to differ materially from those expressed in any forward looking statements made by, or on our behalf. We disclaim any obligation to update forward looking statements.  HISTORY  Endeavor Power Corp. (we, us, our or the Company) was incorporated as a Nevada company on July 6, 2005 under the name VB Biotech Laboratories, Inc. On June 20, 2006, we changed our name to VB Trade, Inc. On September 21, 2007, we changed our name to Endeavor Uranium, Inc. Finally, on December 19, 2008, we changed our name to Endeavor Power Corp.  As VB Trade, Inc., we were engaged in the development of a website that would allow freelance web designers to sell their website designs on our website. Our goal was to generate revenues by charging a commission of 30% on all products sold through our website. We intended on becoming a one-stop shopping venue through which customers and freelance web designers could meet in a mutually beneficial fashion. This business was unsuccessful and was abandoned in September 2007.  On September 21, 2007, Endeavor Uranium, Inc. (Endeavor or the Subsidiary), our wholly-owned subsidiary, merged with us pursuant to the terms of an Agreement and Plan of Merger dated September 20, 2007 (the Merger). As of September 21, 2007, the effective date of the merger, (i) we were the surviving corporation and the separate existence of Endeavor ceased in accordance with the provisions of the Nevada Revised Statutes; (ii) our Articles of Incorporation continued to be those of the surviving corporation; and (iii) we changed our name to Endeavor Uranium, Inc.   Relevant thereto, in December 2008 we entered into a Joint Venture Agreement (the Joint Venture Agreement) with Federated Energy Corporation (Federated). Under the terms of the Joint Venture Agreement, we agreed to provide incremental funding to Federated to be used to fund operations in return for a 51% working interest in certain oil and gas leaseholds located in Nowata County, Oklahoma (the JV Wells) owned by Federated, in exchange for $525,000 in cash to be provided in incremental payments.. In addition to the foregoing, we received a right of first refusal to purchase an additional 51% in all future wells developed by Federated which Federated then owned in exchange for $45,000 per well to be tendered by us to Federated. This venture did not prove successful.  On July 21, 2009, the Company entered into a definitive Farmout Agreement (Farmout Agreement) with Togs Energy, Inc. (Togs), a wholly-owned subsidiary of TXO, PLC (TXO), and M-C Production and Drilling Co, Inc. (MCPD).  The Farmout Agreement contemplates that MCPD shall act as the operator of the leases and such operations shall be governed by the A.A.P.L. Form 610-1982 Model Form Operating Agreement, established by the American Association of Petroleum Landmen.  We are currently examining other various oil and gas prospects to determine whether we have interest in acquiring the same. We have had discussions with all of the holders of the relevant oil and gas leases, or with the mineral owners and based upon these discussions we believe that mutually agreeable terms can be reached to allow us to begin production activities.  QUARTERLY DEVELOPMENTS  Effective May 7, 2010, Mr. Brent Wilder resigned as the Companys Chief Executive Officer, President, Chief Financial Officer, Treasurer and Secretary and a director. Our Board of Directors appointed Mr. Richard O. Weed as our new Chairman of the Board, Chief Executive Officer, President, Chief Financial Officer, Treasurer and Secretary.  On June 30, 2010, the Companys Board of Directors voted to authorize a 1-for-100 reverse stock split (the Reverse Stock Split) of the issued and outstanding shares of Common Stock of the Company, with the Company filing a Certificate of Amendment with the Nevada Secretary of State on August 4, 2010, to effectuate the Reverse Stock Split. The Reverse Stock Split has an effective date as of August 16, 2010.  13      PLAN OF OPERATION  As an independent oil and gas company engaged in the acquisition, production and exploration of oil and gas properties located primarily in North America, our primary objective is to increase shareholder value. To accomplish this objective, our business strategy remains focused on the following:  Further Exploitation of Existing Properties.We seek to add proved reserves and increase production through the use of advanced technologies, including detailed reservoir engineering analysis, drilling development wells utilizing sophisticated techniques and selectively recompleting existing wells. We will also focus on reducing the operating costs associated with our properties. We believe that the properties we have acquired have significant potential and in certain cases have not been actively developed in the past.  Property Portfolio Management.We will evaluate our property base to identify opportunities to divest non-core, higher cost or less productive properties with limited development potential. This strategy allows us to focus on a portfolio of core properties with significant potential to increase our proved reserves and production.  Pursuit of Strategic Transactions.We continue to review opportunities to acquire producing properties, leasehold acreage and drilling prospects. We seek negotiated transactions to acquire operational control of properties that we believe have significant exploitation and exploration potential. Our strategy includes a significant focus on increasing our holdings in fields and basins in which we already own an interest.  Maintenance of Financial Flexibility.We believe we should be structured and financed so that internally generated cash flows cover all operating expenses, general and administrative expense and interest expense; that drawn borrowing capacity should be used for lower risk development expenditures; and that the capital markets should be used to fund acquisitions of producing properties and leasehold acreage and to fund higher risk development and exploration activities.   Strategic Alignment. We have secured through the alignment with our strategic partnerships a unique ability to analyze and operate both our existing properties and future potential acquisitions. When our domestic production has reached a critical mass, we plan to re-evaluate the suitability of adding an exploratory and/or international component to our strategy.  Risk Management.We have used commodity price derivatives in the past to reduce our exposure to price fluctuations and reserve the right to do so in the future, if management believes that such derivatives will improve the balance between risk and rewards.  RESULTS OF OPERATIONS  Comparison of Results of Operations for the three and six months ended June 30, 2010 and 2009  During the three and six months ended June 30, 2010 and 2009, we had no revenues.  Operating expenses for the three and six months ended June 30, 2010 were $21,341 and $44,655 respectively, compared to $56,819 and $100,918 for the three and six months ended June 30, 2009. The decrease in operating expense in fiscal 2010 was attributed to a decrease of $34,500 in management fees compared to fiscal 2009, and lower overall general and administrative costs as the Company lacked sufficient cash flows to incur major operational expenditures.  We incurred a net loss of $969,388 for the six months ended June 30, 2010 (loss of $0.01 per share) compared to a net loss of $100,918 for the six months ended June 30, 2009 (less than $0.01 per share).  The increase in the net loss in fiscal 2010 is attributed to interest and accretion expense of $729,733 relating to the convertible note and a $195,000 loss on settlement of debt for the issuance of 37,500,000 common shares to settle $75,000 in the convertible note.   14     LIQUIDITY AND CAPITAL RESOURCES  As of June 30, 2010, we had no cash or cash equivalents and a working capital deficit of $920,167 compared with no cash and a working capital deficit of $220,779 as at June 30, 2009.  The increase in the working capital deficit is attributed to a net increase in a short-term note payable of $622,859 relating to financing activities relating to the Company during the last two quarters of fiscal 2009 and an increase in accounts payable and accrued liabilities due to the lack of sufficient cash flow for the Company to repay its outstanding obligations.  Net cash used in operating activities was $24,466 for the six months ended June 30, 2010, compared to net cash used of $18,752 for the six months ended June 30, 2009.  The increase in the net cash used for operating activities is attributed to the fact that proceeds from related parties and the note payable were used to repay operating activity of the Company.  Cash flows provided or used in investing activities were $nil for the six months ended June 30, 2010 compared with net cash used of $309,868 during the six months ended June 30, 2009.  The decrease in cash used for investing activities attributed to the fact that the Company entered into a joint venture agreement in fiscal 2009 which required the Company to outlay cash as part of joint venture agreement. The Company is no longer involved in the joint venture agreement and has not entered into any new agreements.  Cash flows provided by financing activities was $24,466 for the six months ended June 30, 2010 compared with $328,273 for the six months ended June 30, 2009.  The decrease in the cash flows provided for financing activities is attributed to the fact that the Company has not identified any new investment opportunities which would require further financing during fiscal 2009 whereas in fiscal 2009, the Company obtained financing from related parties to assist in the financing of the joint venture agreement.  On August 25, 2009, we Company issued a convertible promissory note (the Note) of $826,541 to a related party to settle outstanding debt obligations owing as of the issuance date.  Under the terms of the Note, the amount owing is due interest at 10% per annum, is due on August 25, 2011, and is convertible into shares of our Common Stock at a conversion price of $0.60 per share at the discretion of the note holder from the date of issuance, or convertible at our discretion if the trading price of our Common Stock exceeds $2.00 per share over ten consecutive days.  Furthermore, the Note includes 500,000 share purchase warrants, where each warrant allows the warrant holder to purchase one additional share of our Common Stock at $0.90 per common share for a period of three years from the date of issuance, along with an incentive bonus of 75,000 common shares which was paid on July 22, 2009.  On June 11, 2010, the Company renegotiated and amended the terms of the Note to remove the convertibility feature and issued 37,500,000 common shares to settle $75,000 of the outstanding Note.  As a result, for the six month period ended June 30, 2010, we recognized accretion expense of $688,784.  As at June 30, 2010, the Company owed $751,541 in the unsecured note.  Depending on the measure of success we are able to achieve in our fund-raising efforts, we anticipate a significant negative cash flow which will be serviced by new capital that we intend to raise. Subject to a number of factors, including, but not limited to, prevailing market conditions, interest rates, and the time it takes to secure the necessary development capital, we anticipate that we can become cash-flow positive by the fourth quarter of the fiscal year. However, no assurances can be provided that we will become cash flow positive within the time parameters referenced herein, or at all.  We currently have no available capital. We are not generating revenue from our operations and our ability to engage in a new oil and gas acquisition will depend on the future availability of financing. We intend to raise funds through private placements of our common stock and through short-term borrowing. We estimate that we will require a minimum of $1-2 million million in debt and/or equity capital to fund our next acquisition and begin operating and/or drilling activities and there are no assurances that we will be able to raise this capital. While we have engaged in discussions with various investment banking firms, venture capitalists and other groups to provide us these funds, as of the date of this report we have not reached any agreement with any party that has agreed to provide us with the capital necessary to effectuate our new business plan or otherwise enter into a strategic alliance to provide such funding. Our inability to obtain sufficient funds from external sources when needed will have a material adverse affect on our plan of operation, results of operations and financial condition.  Our cost to continue operations as they are now conducted is nominal, but these are expected to increase once additional personnel are hired.  We do not have sufficient funds to cover existing operations or the anticipated increase in these expenses. Current operating costs are expected to be provided by loans from our current shareholders until such time as we are able to secure additional financing, of which there is no assurance. These funds are expected to be utilized for general and administrative expenses and to initiate due diligence activities on proposed acquisition properties.  At this time we have no other resources on which to get cash if needed without their assistance. As of the date of this report no decision has been made regarding the terms of these prospective new loans from shareholders.   15     CRITICAL ACCOUNTING POLICIES AND ESTIMATES  Critical accounting estimates  The discussion and analysis of our financial condition and results of operations are based upon our consolidated financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States. The preparation of these consolidated financial statements requires us to make estimates and judgments that affect the amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. On an on-going basis, we evaluate our estimates based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions. The following represents a summary of our critical accounting policies, defined as those policies that we believe are the most important to the portrayal of our financial condition and results of operations and that require managements most difficult, subjective or complex judgments, often as a result of the need to make estimates about the effects of matters that are inherently uncertain.  Leases  We follow the guidance in ASC Topic 840,Leases, as amended, which requires us to evaluate the lease agreements we enter into to determine whether they represent operating or capital leases at the inception of the lease.  Stock-based compensation Effective January 1, 2006, we adopted ASC Topic 718 Compensation  Stock Compensation.ASC 718 requires a public entity to measure the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award. That cost is recognized on a straight-line basis over the employee service period (usually the vesting period). That cost is measured based on the fair value of the equity or liability instruments issued using the Black-Scholes option pricing model.  Going ConcernWe have not attained profitable operations and are dependent upon obtaining financing to pursue any extensive acquisitions and activities. For these reasons, our auditors stated in their report on our audited financial statements that they have substantial doubt that we will be able to continue as a going concern without further financing.  Future Financings- We will continue to rely on equity sales of our common shares in order to continue to fund our business operations. Issuances of additional shares will result in dilution to existing stockholders. There is no assurance that we will achieve any additional sales of the equity securities or arrange for debt or other financing to fund planned acquisitions and exploration activities.  Off-Balance Sheet Arrangements-We have no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to stockholders.  Inflation-Although our operations are influenced by general economic conditions, we do not believe that inflation had a material effect on our results of operations during the six month period ended June 30, 2010.  ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.  We are a smaller reporting company and are not required to provide the information under this item pursuant to Regulation S-K.  16     ITEM 4. CONTROLS AND PROCEDURES.  Evaluation of Disclosure Controls and Procedures  We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed by us in the reports that we file or submit to the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported within the time periods specified by the Securities and Exchange Commissions rules and forms, and that information is accumulated and communicated to our management, including our principal executive and principal financial officer (whom we refer to in this periodic report as our Certifying Officer), as appropriate to allow timely decisions regarding required disclosure.  Our management evaluated, with the participation of our Certifying Officer, the effectiveness of our disclosure controls and procedures as of June 30, 2010, pursuant to Rule 13a-15(b) under the Securities Exchange Act. Based upon that evaluation, our Certifying Officer concluded that, as of June 30, 2010, our disclosure controls and procedures were effective.  Changes in Internal Controls  There have not been any changes in the Companys internal control over financial reporting (as such term is defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) during the quarter ended June 30, 2010 that have materially affected, or are reasonably likely to materially affect, the Companys internal control over financial reporting.  PART II. OTHER INFORMATION  ITEM 1. LEGAL PROCEEDINGS  None  ITEM 1A. RISK FACTORS  We are a smaller reporting company and are not required to provide the information under this item pursuant to Regulation S-K.  ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS  There were no unregistered sales of equity securities during the applicable period, except as otherwise previously disclosed.  ITEM 3. DEFAULTS UPON SENIOR SECURITIES  None  ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.  In July 2010, holders of 56.99%  of our Common Stock approved a 1-for-100 reverse stock split of the issued and outstanding shares of Common Stock of the Corporation.  ITEM 5. OTHER INFORMATION  None  17     ITEM 6. EXHIBITS


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|-------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------ | ---------------------------------------------------------------------------------------------------------
|Exhibit
Number | Description of Exhibit                                                                                                                                       | Filing                                                                                                   
|3.1            | Articles of Incorporation                                                                                                                                    | Incorporated by reference to our Proxy Statement on Schedule 14A filed with the SEC on November 13, 2008.
|3.1a           | Restated Articles of Incorporation                                                                                                                           | Incorporated by reference to our Proxy Statement on Schedule 14A filed with the SEC on November 13, 2008.
|3.1b           | Certificate of Amendment to the Articles of Incorporation                                                                                                    | Filed with the SEC on May 17, 2010 as part of our Annual Report on Form 10-K.                            
|3.1c           | Amended and Restated Articles of Incorporation                                                                                                               | Filed with the SEC on May 17, 2010 as part of our Annual Report on Form 10-K.                            
|3.2            | Bylaws                                                                                                                                                       | Incorporated by reference to our Proxy Statement on Schedule 14A filed with the SEC on November 13, 2008.
|3.2a           | Amended Bylaws                                                                                                                                               | Filed with the SEC on May 17, 2010 as part of our Annual Report on Form 10-K.                            
|10.1           | Joint Venture Agreement between the Company and Federated Energy                                                                                             | Filed with the SEC on December 31, 2008 as part of our Current Report on Form 8-K.                       
|10.2           | Amendment to Joint Venture Agreement with Federated Energy                                                                                                   | Filed with the SEC on June 19, 2009 as part of our Current Report on Form 8-K.                           
|10.3           | Farmout Agreement Between Company and Togs Energy, Inc. and M-C Production & Drilling                                                                        | Filed with the SEC on July 23, 2009 as part of our Current Report on Form 8-K.                           
|10.4           | Convertible Promissory Note to Regal Capital Development                                                                                                     | Filed with the SEC on September 4, 2009 as part of our Current Report on Form 8-K.                       
|10.5           | Common Stock Purchase Warrant to Regal Capital Development                                                                                                   | Filed with the SEC on September 4, 2009 as part of our Current Report on Form 8-K.                       
|10.6           | Settlement Agreement with Regal Capital Development, Inc. executed on June 17, 2010                                                                          | Filed with the SEC on July 12, 2010 as part of our Current Report on Form 8-K.                           
|10.7           | Promissory Note with Regal Capital Development, Inc. executed on June 11, 2010                                                                               | Filed with the SEC on July 12, 2010 as part of our Current Report on Form 8-K.                           
|10.8           | Certificate of Amendment to Articles of Incorporation filed on August 4, 2010                                                                                | Filed on August 4, 2010 with the Nevada Secretary of State.                                              
|16.1           | Letter from Moore and Associates, Chartered, dated August 13, 2009, to the Securities and Exchange Commission regarding statements included in this Form 8-K | Filed with the SEC on August 13, 2009 as part of our Current Report on Form 8-K.                         
|16.2           | Letter from Seale & Beers, CPAs, dated August 26, 2009, to the Securities and Exchange Commission regarding statements included in this Form 8-K.            | Filed with the SEC on August 4, 2010 as part of our Current Report on Form 8-K.                          
|16.3           | Letter from M&K CPAS, PLLC dated March 12, 2010, to the Securities and Exchange Commission regarding change in certifying accountant.                        | Filed with the SEC on March 12, 2010 as part of our Current Report on Form 8-K.                          
|16.4           | Letter from Ron Chadwick, P.C. dated August 3, 2010, to the Securities and Exchange Commission regarding change in certifying accountant.                    | Filed with the SEC on August 27, 2009 as part of our Current Report on Form 8-K.                         
|31.01          | Certification of Principal Executive Officer Pursuant to Rule 13a-14                                                                                         | Filed herewith.                                                                                          
|31.02          | Certification of Principal Financial Officer Pursuant to Rule 13a-14                                                                                         | Filed herewith.                                                                                          
|32.01          | CEO and CFO Certification Pursuant to Section 906 of the Sarbanes-Oxley Act                                                                                  | Filed herewith.                                                                                          

18     SIGNATURES  Pursuant to the requirements of Section 12 of the Securities and Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.  Dated: August 13, 2010 ENDEAVOR POWER CORP.   By: /s/ Richard O. Weed Richard O. Weed, Chief Executive Officer And Chief Financial Officer  19