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| Delaware                                                                              |   | 54-1812385                           |
|---------------------------------------------------------------------------------------|--------|--------------------------------------|
| (State or other jurisdiction of incorporation ororganization)                         |   | (I.R.S. Employer Identification No.) |
|                                                                                  |   |                                 |
| 625 N. Washington Street, Suite 301,Alexandria, Virginia 22314                        |
| (Address of principal executive offices, including zip code)                          |
|                                                                                  |
| Registrant’s phone number, including area code    (703) 797-8111 |

| Class                        |   | Outstanding at November 10, 2009 |
|------------------------------|--------|----------------------------------|
| Common Stock, $.01 par value |   | 6,669,210                        |

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|          |                                                                                                                                                                                               | Page No.   |
|---------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------|
| PART I        | FINANCIAL INFORMATION                                                                                                                                                                              |       |
| ITEM 1.       | FINANCIAL STATEMENTS:                                                                                                                                                                              |       |
|          | Balance Sheets — September 30, 2009 (Unaudited) and June 30, 2009                                                                                                                            | 3          |
|          | Statements of  Operations (Unaudited) — Three months ended September 30, 2009 and 2008 and the period from entering development stage (October 1, 2006) through September 30, 2009 |  4    |
|          | Statements of Cash Flows (Unaudited) — Three months ended September 30, 2009 and 2008 and the period from entering development stage (October 1, 2006) through September 30, 2009            |  5    |
|          | Notes to Financial Statements                                                                                                                                                                      | 6-8        |
|  ITEM 2. | MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS                                                                                                              |  9-12 |
| ITEM 3.       | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK                                                                                                                                         | 13         |
| ITEM 4T.      | CONTROLS AND PROCEDURES                                                                                                                                                                            | 13         |
| PART II       | OTHER INFORMATION                                                                                                                                                                                  | 13         |
|          |                                                                                                                                                                                               |       |

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|                 |   | September 30, |   |   | June 30, |   |
|----------------------|--------|---------------|--------|--------|----------|--------|
|                 |   | 2009          |   |   | 2009     |   |
| ASSETS               |   | (Unaudited)   |   |   |     |   |
| CURRENT ASSETS       |   |          |   |   |     |   |
| Cash                 |   | $             | 10,328 |   |     | $      | 348 |   |
|                 |   |          |   |   |     |   |   |   |
| TOTAL CURRENT ASSETS |   |          | 10,328 |   |     |   | 348 |   |
| TOTAL ASSETS         |   | $             | 10,328 |   |     | $      | 348 |   |

| LIABILITIES AND STOCKHOLDERS’ DEFICIT                                                                                                               |   |   |      |   |   |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|-----------|--------|--------|--------|
| CURRENT LIABILITIES:                                                                                                                                      |   |   |      |   |   |   |
| Accounts payable and accrued expenses                                                                                                                     |   | $      | 28,840    |   |   | $      | 17,500 |   |
| Accounts payable, related parties                                                                                                                         |   |   | 24,500    |   |   |   | 23,500 |   |
| Notes payable and accrued interest, related parties                                                                                                       |   |   | 164,503   |   |   |   | 145,539 |   |
| TOTAL CURRENT LIABILITIES                                                                                                                                 |   |   | 217,843   |   |   |   | 186,539 |   |
|                                                                                                                                                      |   |   |      |   |   |   |   |   |
| COMMITMENTS AND CONTINGENCIES                                                                                                                             |   |   |      |   |   |   |   |   |
|                                                                                                                                                      |   |   |      |   |   |   |   |   |
| STOCKHOLDERS’ DEFICIT:                                                                                                                              |   |   |      |   |   |   |   |   |
| Preferred stock, $.01 par value, 1,000,000 shares authorized, no shares issued and outstanding at September 30, 2009 and June 30, 2009, respectively      |   |   | —   |   |   |   | — |   |
| Common stock, $.01 par value, 20,000,000 shares authorized, 6,669,210 shares issued and outstanding at September 30, 2009 and June 30, 2009, respectively |   |   | 66,692    |   |   |   | 66,692 |   |
| Additional paid in capital                                                                                                                                |   |   | 317,045   |   |   |   | 317,045 |   |
| Accumulated deficit (including $227,490 accumulated during development stage)                                                                             |   |   | (591,252) |   |   |   | (569,928) |   |
| TOTAL STOCKHOLDERS’ DEFICIT                                                                                                                         |   |   | (207,515) |   |   |   | (186,191) |   |
|                                                                                                                                                      |   |   |      |   |   |   |   |   |
| TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT                                                                                                         |   | $      | 10,328    |   |   | $      | 348 |   |

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|                                                                |   |   | Three Months Ended September 30,                                                                                                                                                                                                                                                                                                                                  |     | Period from entering Development Stage (October 1, 2006) through September 30, 2009                                                                                                                                                                                                                                         |
|---------------------------------------------------------------------|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                |   |   | 2009                                                                                                                                                                                                                                                                                                                                                              |     | 2008                                                                                                                                                                                                                                                                                                                        |   |   |
| REVENUES                                                            |   |   |                                 $                             - |     |                                 $                     - |   | $                                - |
| COST OF SALES                                                       |   |   |                           -                                                                                                                                                                                                     |     | -                                                                                                                                                                                                                                                                                                                           |   | - |
| GROSS PROFIT                                                        |   |   | -                                                                                                                                                                                                                                                                                                                                                                 |     | -                                                                                                                                                                                                                                                                                                                           |   | - |
| OPERATING EXPENSES                                                  |   |   |                                                                                                                                                                                                                                                                                                                                                              |     |                                                                                                                                                                                                                                                                                                                        |   |   |
| General and administrative expenses                                 |   |   | 17,360                                                                                                                                                                                                                                                                                                                                                            |     | 30,839                                                                                                                                                                                                                                                                                                                      |   | 200,580 |
| Total operating expenses                                            |   |   | 17,360                                                                                                                                                                                                                                                                                                                                                            |     | 30,839                                                                                                                                                                                                                                                                                                                      |   | 200,580 |
| LOSS FROM OPERATIONS                                                |   |   | (17,360)                                                                                                                                                                                                                                                                                                                                                          |     | (30,839)                                                                                                                                                                                                                                                                                                                    |   | (200,580) |
| OTHER INCOME (EXPENSE):                                             |   |   |                                                                                                                                                                                                                                                                                                                                                              |     |                                                                                                                                                                                                                                                                                                                        |   |   |
|   Interest expense                                        |   |   | (3,964)                                                                                                                                                                                                                                                                                                                                                           |     | (1,685)                                                                                                                                                                                                                                                                                                                     |   | (19,644) |
|   Stock issued for loans                                  |   |   | -                                                                                                                                                                                                                                                                                                                                                                 |     | -                                                                                                                                                                                                                                                                                                                           |   | (20,000) |
|   Gain on sale of short term investment                   |   |   | -                                                                                                                                                                                                                                                                                                                                                                 |     | -                                                                                                                                                                                                                                                                                                                           |   | 12,734 |
|         Total other expense |   |   | (3,964)                                                                                                                                                                                                                                                                                                                                                           |     | (1,685)                                                                                                                                                                                                                                                                                                                     |   | (26,910) |
|                                                                |   |   |                                                                                                                                                                                                                                                                                                                                                              |     |                                                                                                                                                                                                                                                                                                                        |   |   |
| LOSS BEFORE PROVISION FOR INCOME TAXES                              |   |   | (21,324)                                                                                                                                                                                                                                                                                                                                                          |     | (32,524)                                                                                                                                                                                                                                                                                                                    |   | (227,490) |
|                                                                |   |   |                                                                                                                                                                                                                                                                                                                                                              |     |                                                                                                                                                                                                                                                                                                                        |   |   |
| Provision for income taxes                                          |   |   |                                                                                                                                                                                                                                                                                                                                                              | -   | -                                                                                                                                                                                                                                                                                                                           |   | - |
|                                                                |   |   |                                                                                                                                                                                                                                                                                                                                                              |     |                                                                                                                                                                                                                                                                                                                        |   |   |
| NET LOSS APPLICABLE TO COMMON STOCKHOLDERS                          |   |   | $                                                                                                                                                                                                                                                                                                                                                                 | (21,324) |                                                                                                                                                                                                                                                                                                                        | $ |  (32,524) |   | $                (227,490) |
|                                                                |   |   |                                                                                                                                                                                                                                                                                                                                                              |     |                                                                                                                                                                                                                                                                                                                        |   |   |
| NET LOSS PER SHARE OF COMMON STOCK — Basic and diluted        |   |   | $                                                                                                                                                                                                                                                                                                                                                                 | (0.00)   |                                                                                                                                                                                                                                                                                                                        | $ | (0.00) |   |   |
|                                                                |   |   |                                                                                                                                                                                                                                                                                                                                                              |     |                                                                                                                                                                                                                                                                                                                        |   |   |   |   |
| WEIGHTED AVERAGE SHARES OUTSTANDING — Basic and diluted  |   |   | 6,669,210                                                                                                                                                                                                                                                                                                                                                         |     | 6,669,210                                                                                                                                                                                                                                                                                                                   |   |   |

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  AMASYS CORPORATION

|                                                                                   |   | Three Months EndedSeptember 30, |     | Period from entering Development Stage (October 1, 2006) throughSeptember 30, 2009 |
|----------------------------------------------------------------------------------------|--------|---------------------------------|----------|------------------------------------------------------------------------------------|
|                                                                                   |   | 2009                            |     |                                                                               | 2008 |   |   |
| CASH FLOWS FROM OPERATING ACTIVITIES:                                                  |   |                            |     |                                                                               |   |   |   |
| Net loss                                                                               |   | $                               | (21,324) |                                                                               |   | $ | (32,524) |   | $        (227,490) |
| Adjustments to reconcile net loss to net cash used in operating activities:            |   |                            |     |                                                                               |   |   |   |   |   |
| Stock issued for loans                                                                 |   |                            | -        |                                                                               |   |   | - |   | 20,000 |
| Gain on sale of short term investment                                                  |   |                            | -        |                                                                               |   |   | - |   | (12,734) |
| Changes in operating assets and liabilities                                            |   |                            |     |                                                                               |   |   |   |   |   |
|      Accounts payable and accrued expenses                    |   |                            | 15,304   |                                                                               |   |   | 10,210 |   | 21,261 |
|      Accounts payable, related parties                        |   |                            | 1,000    |                                                                               |   |   | 2,000 |   | 16,972 |
| Net cash used in operating activities                                                  |   |                            | (5,020)  |                                                                               |   |   | (20,314) |    | (181,991) |
| CASH FLOWS FROM INVESTING ACTIVITIES:                                                  |   |                            |     |                                                                               |   |   |   |   |   |
| Net proceeds from sale of short term investment                                        |   |                            | -        |                                                                               |   |   | - |   | 40,570 |
| Net cash provided by investing activities                                              |   |                            | -        |                                                                               |   |   | - |   | 40,570 |
| CASH FLOWS FROM FINANCING ACTIVITIES:                                                  |   |                            |     |                                                                               |   |   |   |   |   |
|        Proceeds from sale of common stock           |   |                            | -        |                                                                               |   |   | - |   | 3,500 |
|        Proceeds from notes payable, related parties |   |                            | 15,000   |                                                                               |   |   | 25,000 |   | 145,000 |
| Net cash provided by financing activities                                              |   |                            | 15,000   |                                                                               |   |   | 25,000 |   | 148,500 |
| NET INCREASE IN CASH                                                                   |   |                            | 9,980    |                                                                               |   |   | 4,686 |   | 7,079 |
| CASH, Beginning of period                                                              |   |                            | 348      |                                                                               |   |   | 698 |   | 3,249 |
| CASH, End of period                                                                    |   | $                               | 10,328   |                                                                               |   | $ | 5,384 |   | $                    10,328 |

|                                              | Three Months EndedSeptember 30, |   | Period from entering Development Stage (October 1, 2006) throughSeptember 30, 2009 |
|---------------------------------------------------|---------------------------------|--------|------------------------------------------------------------------------------------|
|                                              | 2009                            |   | 2008                                                                               |   |   |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: |                            |   |                                                                               |   |   |
| Cash received/(paid) during the period for:       |                            |   |                                                                               |   |   |
| Interest                                          |                            | $      | —                                                                            |   |   | $ | — |   | $                   — |
| Income taxes                                      |                            | $      | —                                                                            |   |   | $ | — |   | $                   — |
|                                              |                            |   |                                                                               |   |   |   |   |   |   |

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ASC Topic 820 defines fair value, establishes a framework for measuring fair value, establishes a three-level valuation hierarchy for disclosure of fair value measurement and enhances disclosure requirementsfor fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. The three levels are defined as follows: 

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ITEM 2.  MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 

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Net cash used in operating activities was $5,020 and $20,314 in the three months ended September 30, 2009 and 2008, respectively.  The decrease was primarily due to the reduction in our net loss for the three months ended September 30, 2009 compared to 2008 and the increase in our accounts payableand accrued expenses. 

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| · | announcements concerning our strategy; |
|--------|----------------------------------------|

| · | litigation; and |
|--------|-----------------|

| · | general market conditions. |
|--------|----------------------------|

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| ITEM 6. |   | Exhibits |
|---------|--------|----------|
|    |   | 31       | Certification of President pursuant to Exchange Act Rule 13a-14 and 15d-14 as adopted pursuant to section 302 of the Sarbanes-Oxley Act of 2002. |
|    |   |     |   |
|    |   | 32       | Certification of the Company’s Chief Executive Officer, pursuant to 18 U.S.C. Section 1350 as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
|    |   |     |   |

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|                    | AMASYS CORPORATION                                |   |
|-------------------------|---------------------------------------------------|--------|
|                    |                                              |   |
|                    |                                              |   |
| Date: November 10, 2009 | /s/  C.W. Gilluly                            |   |
|                    | Name: C.W. Gilluly, Ed.D.                         |   |
|                    | Title: President and Chief Executive Officer |   |

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| Exhibit |   | Description                                                                                                                                                            |
|---------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|    |   |                                                                                                                                                                   |
| 31      |   | Certification of President pursuant to Exchange Act Rule 13a-14 and 15d-14 as adopted pursuant to section 302 of the Sarbanes-Oxley Act of 2002.                       |
|    |   |                                                                                                                                                                   |
| 32      |   | Certification of the Company’s Chief Executive Officer, pursuant to 18 U.S.C. Section 1350 as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |