| Utah                                                                  |  | Fed ID 87-9369569                    |
|-----------------------------------------------------------------------|--|--------------------------------------|
| (State or other jurisdiction of incorporation        or Organization) |  | (IRS Employer Identification Number) |

| 3940-7 Broad Street, San Luis Obispo,        CA |   | 93401      |   |
|-------------------------------------------------|--------|------------|--------|
| (Address of principal executive offices)        |        | (Zip Code) |   |

----

|    | Part I                                                                                                                      |   |
|--------------|-----------------------------------------------------------------------------------------------------------------------------|--------|
|         |                                                                                                                   | Page   |
| Item 1.      | Description of Business.                                                                                                    | 3      |
|         |                                                                                                                        |   |
| Item 2.      | Description      of Property.                                                                                               | 3      |
|         |                                                                                                                        |   |
| Item 3.      | Legal Proceedings.                                                                                                          | 3      |
|         |                                                                                                                        |   |
| Item 4.      | Submission of Matters to Vote      of Security Holders.                                                                     | 3      |
|         |                                                                                                                        |   |
|         | Part ll                                                                                                                     |   |
|         |                                                                                                                        |   |
| Item 5.      | Market for Common Equity and Related      Stockholder Matters.                                                              | 3-4    |
|         |                                                                                                                        |   |
| Item 6.      | Management's Discussion and Analysis      or Plan of Operation.                                                             | 4      |
|         |                                                                                                                        |   |
| Item 7.      | Financial Statements.                                                                                                       | 6      |
|         |                                                                                                                        |   |
| Item 8.      | Changes in and Disagreements With      Accountants Accounting And Financial Disclosure.                                     | 6      |
|         |                                                                                                                        |   |
|              | Part lll                                                                                                                    |        |
|         |                                                                                                                        |   |
| Item 9.      | Directors, Executive Officers,      Promoters, and Control Persons; Compliance with Section 16(a) of the Exchange      Act. | 6-8    |
|         |                                                                                                                        |   |
| Item 10.     | Executive Compensation.                                                                                                     | 8      |
|         |                                                                                                                        |   |
| Item 11.     | Security Ownership of Certain      Beneficial Owners and Management.                                                        | 9      |
|         |                                                                                                                        |   |
| Item 12.     | Certain Relationships and Related      Transactions.                                                                        | 9      |
|         |                                                                                                                        |   |
| Item 13.     | Exhibits, Financial Statement      Schedules and Reports on Form 8-K.                                                       | 10     |
|         |                                                                                                                        |   |
| Signatures   |                                                                                                                        | 10     |

----

| Fiscal 2006        | High  | Low   |   |
|--------------------|-------|-------|--------|
| March 31, 2006     | $1.60 | $.60  |   |
| June 30, 2006      | $3.20 | $.60  |   |
| September 30, 2006 | $2.30 | $.50  |   |
| December 31, 2006  | $3.00 | $1.40 |   |

----

| Fiscal 2005        | High        | Low  |   |
|--------------------|-------------|------|--------|
| March 31, 2005     | $1.20       | $.10 |   |
| June 30, 2005      | $  .33 | $.22 |   |
| September 30, 2005 | $  .33 | $.15 |   |
| December 31, 2005  | $  .38 | $.15 |   |

----

----

----

| Name             |   | Age    |   | Position With Company          |   | Year First Became |   | Director or Officer |
|------------------|--------|--------|--------|--------------------------------|--------|-------------------|--------|---------------------|
|             |   |   |   |                           |   |                   |   |                |
| Michael Forster  |        | 42     |        | Current CEO/President/Chairman |        | 2006              |        | Both                |
|             |   |   |   |                           |   |                   |   |                |
| Luke C. Zouvas   |        | 36     |        | Director                       |        | 2006              |        | Director            |
|             |   |   |   |                           |   |                   |   |                |
| David J. Forster |        | 38     |        | Director                       |        | 2007              |        | Director            |

----

----

| Title of Class |   | Name and Address of     Beneficial        Owner                  |        | Amount and Nature (1)         Of Beneficial Owner |        | Percent        of Class (2) |   |
|----------------|--------|--------------------------------------------------------------------------------------|--------|---------------------------------------------------|--------|-----------------------------|--------|
|           |   |                                                                                 |   |                                              |   |                        |   |
| Common         |        | Michael Forster       3873 Sequoia Drive       San Luis Obispo, CA 93401             |        | 20,000,000                                        |        | 64.66%                      |        |
|           |   |                                                                                 |   |                                              |   |                        |   |
| Common         |        | Luke C. Zouvas (1)       925 Hotel Circle       San Diego, CA. 92108                 |        | 0                                                 |        | 0%                          |        |
|           |   |                                                                                 |   |                                              |   |                        |   |
| Common         |        | David J. Forster (2)      619 Camino Contento       Arroyo Grande, CA. 93420         |        | 0                                                 |        | 0%                          |        |
|           |   |                                                                                 |   |                                              |   |                        |   |
| Common         |        | Zirk Engelbrecht       646 Highland Ave.       Redlands, CA. 92373                   |        | 5,020,244                                         |        | 16.23%                      |        |
|           |   |                                                                                 |   |                                              |   |                        |   |
|           |   |                                                                                 |   |                                              |   |                        |   |
|           |        | Includes all Officers and       Directors of the Company       As a group (1 person) |        | 20,000,000                                        |        | 64.66%                      |        |

|   | 1 | Luke C. Zouvas is a director of the Company.   |
|--------|---|------------------------------------------------|
|   | 2 | David J. Forster is a director of the Company. |

| - | Any director or executive officer of the Company;                                                                          |
|---|----------------------------------------------------------------------------------------------------------------------------|
| - | Any nominee for election as a director;                                                                                    |
| - | Any security holder named in the "Security      Ownership of Certain Beneficial Owners and "management" section above; and |
| - | Any member of the immediate family (including      spouse, parents, children, siblings, and in-laws) of any such person.   |

----

|   |                                                                                                    |   |
|--------|---------------------------------------------------------------------------------------------------------|--------|
|   | Index to Financial Statements                                                                           | Page   |
|   |                                                                                                    |   |
|   | Report of Independent Registered Public Accountant      Accounting Firm                                 | F-1    |
|   |                                                                                                    |   |
|   | Consolidated Balance Sheet as of December 31,      2006.                                                | F-2    |
|   |                                                                                                    |   |
|   | Consolidated Statements of Operations for the      Years ended December 31, 2006 and 2005.              | F-3    |
|   |                                                                                                    |   |
|   | Consolidated Statements of Stockholders' (Deficit)      for the Years ended December 31, 2006 and 2005. | F-4    |
|   |                                                                                                    |   |
|   | Consolidated Statements of Cash Flows for the      Years Ended December 31, 2006 and 2005.              | F-5    |
|   |                                                                                                    |   |
|   | Notes to Financial Statements.                                                                          | F-6-14 |

| **Exhibit            Number** | **Description** |   |
|-------------------------------|-----------------|--------|

| 31.1 | Certification by Michael Forster, Chief Executive      Officer and Chief Financial Officer, pursuant to Section 302of the Sarbanes-      Oxley Act of 2002 |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 32.1 | Certification by Michael Forster, Chief Executive      Officer and Chief Financial Officer, pursuant to Section 906of the Sarbanes-      Oxley Act of 2002 |

|   | Form 8-K dated December 1, 2006 |
|--------|---------------------------------|
|   |                            |
|   |                            |

|   | ***Power-Save Energy Company***                                                                                                                                                                                                                                                                                       |   |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|   |                                                                                                                                                                                                                                                                                                                  |   |
|   |                                                                                                                                                                                                                                                                                                                  |   |
|   | By s/ Michael Forster                                                 |   |
|   |       Michael      Forster                                                                                                                                                                                                                                                              |   |
|   |       Chief Executive      Officer                                                                                                                                                                                                                                                      |   |
|   |                                                                                                                                                                                                                                                                                                                  |   |

----

| **Gruber & Company, LLC**     |                         |
|-----------------------------------|-------------------------|
|                              |                    |
| Certified Public Accountant       | Telephone (636)561-5639 |
| 121 Civic Center Drive, Suite 125 | Fax (636)561-0735       |
| Lake Saint Louis, Missouri 63367  |                         |

----

|                                                                                                                                                                                                           |   |   | December 31, |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------------|--------|
|                                                                                                                                                                                                           |   |   | 2006         |   |   | 2005 |   |
| **Assets**                                                                                                                                                                                                |   |   |              |   |   |  |   |
|                                                                                                                                                                                                      |   |   |              |   |   |  |   |
| **Current assets**                                                                                                                                                                                        |   |   |              |   |   |  |   |
| Cash and cash equivalents                                                                                                                                                                                 |   | $      | 89,910       |   | $ | 217,844 |   |
| Accounts receivable                                                                                                                                                                                       |   |   | 19,443       |   |   | -- |   |
| Inventory                                                                                                                                                                                                 |   |   | 50,962       |   |   | 31,582 |   |
|                                                                                                                                                                                                           |   |   |              |   |   |  |   |
|                          **Total      current assets**                       |   |   | 160,315      |   |   | 249,426 |   |
|                                                                                                                                                                                                      |   |   |         |   |   |   |   |
| Equipment, net of accumulated      depreciation                                                                                                                                                           |   |   | 2,217        |   |   | -- |   |
| Intangible assets, net of accumulated amortization                                                                                                                                                        |   |   | 11,954       |   |   | -- |   |
|                                                                                                                                                                                                      |   |   |              |   |   |  |   |
|                        **  Total      assets**                               |   |   | 174,486      |   |   | 249,426 |   |
|                                                                                                                                                                                                      |   |   |         |   |   |   |   |
| **Liabilities and stockholders' equity**                                                                                                                                                                  |   |   |              |   |   |  |   |
| ** **                                                                                                                                                                                                |   |   |              |   |   |  |   |
| **Liabilities**                                                                                                                                                                                           |   |   |              |   |   |  |   |
|                                                                                                                                                                                                      |   |   |              |   |   |  |   |
| **Current liabilities**                                                                                                                                                                                   |   |   |              |   |   |  |   |
| Line of credit                                                                                                                                                                                            |   |   | 13,137       |   |   | -- |   |
| Accounts payable                                                                                                                                                                                          |   |   | 35,190       |   |   | -- |   |
|                                                                                                                                                                                                      |   |   |              |   |   |  |   |
|                          Total      current liabilities                      |   |   | 48,327       |   |   | -- |   |
|                                                                                                                                                                                                      |   |   |              |   |   |  |   |
| **Stockholders' equity**                                                                                                                                                                                  |   |   |              |   |   |  |   |
| Common stock, $.001 par value,      200,000,000 shares         authorized 30,930,497 issued and outstanding                                                                                          |   |   | 30,930       |   |   | 270,000 |   |
| Additional paid-in capital                                                                                                                                                                                |   |   | 257,070      |   |   | -- |   |
| Deficit accumulated during      the development stage                                                                                                                                                     |   |   | (161,841     | )      |   | (20,574 | ) |
|                                                                                                                                                                                                      |   |   |              |   |   |  |   |
|                         ** Total      stockholders' equity**                 |   |   | 126,159      |   |   | 249,426 |   |
|                                                                                                                                                                                                      |   |   |              |   |   |  |   |
|                          **Total      liabilities and stockholders' equity** |   | $      | 174,486      |   | $ | 249,426 |   |
|                                                                                                                                                                                                      |   |   |         |   |   |   |   |

----

|                                          | For the         year ending         December 31,         2006 |       | For the period         September 21,         2005 (date of         inception) through         December 31,         2005 |   | For the period         September 21,         2005 (date of         inception) through        December 31,         2006 |   |
|-----------------------------------------------|---------------------------------------------------------------|------------|-------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------------------------------|--------|
|                                          |                                                          |            |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
| **Revenues, net**                             | $                                                             | 650,692    |                                                                                                                    | $      | --                                                                                                                     |   | $ | 650,692 |   |
|                                          |                                                          |            |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
| **Cost of sales**                             |                                                          |       |                                                                                                                    |   |                                                                                                                   |   |   |   |   |
| Merchandise                                   |                                                          | 255,103    |                                                                                                                    |   | --                                                                                                                     |   |   | 255,103 |   |
| Other costs                                   |                                                          | 24,881     |                                                                                                                    |   | --                                                                                                                     |   |   | 24,881 |   |
|                                          |                                                          |            |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
| Total cost of sales                           |                                                          | 279,984    |                                                                                                                    |   | --                                                                                                                     |   |   | 279,984 |   |
|                                          |                                                          |            |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
| Gross margin                                  |                                                          | 370,708    |                                                                                                                    |   | --                                                                                                                     |   |   | 370,708 |   |
|                                          |                                                          |            |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
| **Operating expenses**                        |                                                          |            |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
| Advertising and promotion                     |                                                          | 208,386    |                                                                                                                    |   | 9,278                                                                                                                  |   |   | 217,664 |   |
| Sales commissions                             |                                                          | 183,375    |                                                                                                                    |   | --                                                                                                                     |   |   | 183,375 |   |
| General and administrative                    |                                                          | 120,214    |                                                                                                                    |   | 11,296                                                                                                                 |   |   | 131,510 |   |
|                                          |                                                          |            |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
| **Total operating costs and expenses**        |                                                          | 511,975    |                                                                                                                    |   | 20,574                                                                                                                 |   |   | 532,549 |   |
|                                          |                                                          |            |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
| **Net loss**                                  | $                                                             | (141,267   | )                                                                                                                       | $      | (20,574                                                                                                                | )      | $ | (161,841 | ) |
|                                          |                                                          |       |                                                                                                                    |   |                                                                                                                   |   |   |   |   |
| Weighted average number of shares outstanding |                                                          | 25,603,702 |                                                                                                                    |   | 16,203,704                                                                                                             |   |   |   |   |
|                                          |                                                          |       |                                                                                                                    |   |                                                                                                                   |   |   |  |   |
| Net loss per share                            | $                                                             | (0.01      | )                                                                                                                       | $      | (0.00                                                                                                                  | )      |   |  |   |
|                                          |                                                          |       |                                                                                                                    |   |                                                                                                                   |   |   |  |   |

----

|                                                                                                                                                                                                  |      |              |   |   |         |   |   | Additional  |        |        | Deficit         Accumulated         During |   |   |          |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------|--------------|--------|--------|---------|--------|--------|-------------|--------|--------|--------------------------------------------|--------|--------|----------|--------|
|                                                                                                                                                                                                  |      | Common Stock |        |        | Paid-In |        |        | Development |   |   |                                            |   |
|                                                                                                                                                                                                  |      | Issued       |        |        | Amount  |        |        | Capital     |        |        | Stage                                      |        |        | Total    |   |
|                                                                                                                                                                                                  |      |         |   |   |    |   |   |        |   |   |                                       |   |   |     |   |
| Balance, September 21, 2005                                                                                                                                                                           |      | --           |   | $      | --      |   | $      | --          |   | $      | --                                         |   | $      | --       |   |
|                                                                                                                                                                                                  |      |              |   |   |         |   |   |             |   |   |                                            |   |   |          |   |
| Common stock issued for cash      on November 7, 2005                                                                                                                                                 |      | 31,250,000   |   |   | 31,250  |   |   | 113,750     |   |   | --                                         |   |   | 145,000  |   |
|                                                                                                                                                                                                  |      |              |   |   |         |   |   |             |   |   |                                            |   |   |          |   |
| Common stock issued for cash      on December 8, 2005                                                                                                                                                 |      | 39,062,500   |   |   | 39,063  |   |   | 85,937      |   |   | --                                         |   |   | 125,000  |   |
|                                                                                                                                                                                                  |      |              |   |   |         |   |   |             |   |   |                                            |   |   |          |   |
| Net loss incurred during      the period         September 21, 2005 (date of inception)         through December 31, 2005                                                         |      | --           |   |   | --      |   |   | --          |   |   | (20,574                                    | )      |   | (20,574  | )      |
|                                                                                                                                                                                                  |      |              |   |   |         |   |   |             |   |   |                                            |   |   |          |   |
| **Balance, December 31,      2005**                                                                                                                                                                   |      | 70,312,500   |   |   | 70,313  |   |   | 199,687     |   |   | (20,574                                    | )      |   | 249,426  |   |
|                                                                                                                                                                                                  |      |              |   |   |         |   |   |             |   |   |                                            |   |   |          |   |
| Common stock issued as partial      payment         for the Asset Purchase Agreement          between the Company and Advanced         Builder Energy Technologies, LLC | 4,687,500 |         |   | 4,687  |    |   | 13,313 |        |   | --     |                                       |   | 18,000 |     |
|                                                                                                                                                                                                  |      |              |   |   |         |   |   |             |   |   |                                            |   |   |          |   |
| Acquisition of Safari Associates,      Inc.                                                                                                                                                           |      | 2,537,384    |   |   | 2,537   |   |   | 2,726,593   |   |   | (3,509,011                                 | )      |   | (779,881 | )      |
|                                                                                                                                                                                                  |      |              |   |   |         |   |   |             |   |   |                                            |   |   |          |   |
| Recapitalization                                                                                                                                                                                      |      | --           |   |   | --      |   |   | (3,509,011  | )      |   | 3,509,011                                  |   |   | --       |   |
|                                                                                                                                                                                                  |      |              |   |   |         |   |   |             |   |   |                                            |   |   |          |   |
| Reverse stock split                                                                                                                                                                                   |      | (51,991,387  | )      |   | (51,992 | )      |   | 51,992      |   |   | --                                         |   |   | --       |   |
|                                                                                                                                                                                                  |      |              |   |   |         |   |   |             |   |   |                                            |   |   |          |   |
| Conversion of Safari Associates,      Inc. debt         to common stock                                                                                                                     |      | 5,384,500    |   |   | 5,385   |   |   | 774,496     |   |   | --                                         |   |   | 779,881  |   |
|                                                                                                                                                                                                  |      |              |   |   |         |   |   |             |   |   |                                            |   |   |          |   |
| Net loss incurred for the      year ended          December 31, 2006                                                                                                                        |      | --           |   |   | --      |   |   | --          |   |   | (141,267                                   | )      |   | (141,267 | )      |
|                                                                                                                                                                                                  |      |              |   |   |         |   |   |             |   |   |                                            |   |   |          |   |
| **Balance, December 31,      2006**                                                                                                                                                                   |      | 30,930,497   |   | $      | 30,930  |   | $      | 257,070     |   | $      | (161,841                                   | )      | $      | 126,159  |   |
|                                                                                                                                                                                                  |      |         |   |   |    |   |   |        |   |   |                                       |   |   |     |   |

----

|                                                                                                                                                                   | For the         year ending         December 31,         2006 |     | For the period         September 21,         2005 (date of         inception) through         December 31,         2005 |   | For the period         September 21,         2005 (date of         inception) through        December 31,         2006 |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------|----------|-------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------------------------------|--------|
| Cash flows from operating activities                                                                                                                                   |                                                          |          |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
| Net (loss)                                                                                                                                                             | $                                                             | (141,267 | )                                                                                                                       | $      | (20,574                                                                                                                | )      | $ | (161,841 | ) |
| Adjustments to reconcile net loss to net cash              provided by operating activities:                                                                 |                                                          |          |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
|                Depreciation      and amortization                                           |                                                          | 714      |                                                                                                                    |   | --                                                                                                                     |   |   | 714 |   |
|        Changes      in operating assets and liabilities                                                                             |                                                          | --       |                                                                                                                    |   | --                                                                                                                     |   |   | -- |   |
|                Increase      in accounts receivable                                         |                                                          | (19,443  | )                                                                                                                       |   | --                                                                                                                     |   |   | (19,443 | ) |
|                Increase      in inventory                                                   |                                                          | (13,889  | )                                                                                                                       |   | (31,582                                                                                                                | )      |   | (45,471 | ) |
|                Increase      in accounts payable                                            |                                                          | 35,190   |                                                                                                                    |   | --                                                                                                                     |   |   | 35,190 |   |
|                                                                                                                                                                        |                                                          |          |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
| Net cash used by operating      activities                                                                                                                             |                                                          | (138,695 | )                                                                                                                       |   | (52,156                                                                                                                | )      |   | (190,851 | ) |
|                                                                                                                                                                        |                                                          |          |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
| Cash flows from investing      activities:                                                                                                                             |                                                          |          |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
|                Acquisition      of equipment                                                |                                                          | (2,376   | )                                                                                                                       |   | --                                                                                                                     |   |   | (2,376 | ) |
|                Acquisition      of intangible assets                                        |                                                          | --       |                                                                                                                    |   | --                                                                                                                     |   |   | -- |   |
|                     Net      cash used by investing activities     |                                                          | (2,376   | )                                                                                                                       |   | --                                                                                                                     |   |   | (2,376 | ) |
|                                                                                                                                                                        |                                                          |          |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
| Cash flows from financing activities                                                                                                                                   |                                                          |          |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
|                Proceeds      from line of credit, net                                       |                                                          | 13,137   |                                                                                                                    |   | --                                                                                                                     |   |   | 13,137 |   |
|                Proceeds      from sale of stock                                             |                                                          | --       |                                                                                                                    |   | 270,000                                                                                                                |   |   | 270,000 |   |
|                     Net      cash provided by financing activities |                                                          | 13,137   |                                                                                                                    |   | 270,000                                                                                                                |   |   | 283,137 |   |
|                                                                                                                                                                        |                                                          |          |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
| Net increase in cash and      equivalents                                                                                                                              |                                                          | (127,934 | )                                                                                                                       |   | 217,844                                                                                                                |   |   | 89,910 |   |
|                                                                                                                                                                        |                                                          |          |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
| Cash and cash equivalents      at beginning of year                                                                                                                    |                                                          | 217,844  |                                                                                                                    |   | --                                                                                                                     |   |   | -- |   |
|                                                                                                                                                                        |                                                          |          |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
| Cash and cash equivalents      at end of year                                                                                                                          | $                                                             | 89,910   |                                                                                                                    | $      | 217,844                                                                                                                |   | $ | 89,910 |   |
|                                                                                                                                                                        |                                                          |     |                                                                                                                    |   |                                                                                                                   |   |   |   |   |
| Supplemental      disclosure of cash flow information:                                                                                                                 |                                                               |     |                                                                                                                    |        |                                                                                                                   |   |  |   |
|                                                                                                                                                                        |                                                          |          |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
| Income taxes paid                                                                                                                                                      | $                                                             | --       |                                                                                                                    | $      | --                                                                                                                     |   | $ | -- |   |
|                                                                                                                                                                        |                                                          |          |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
| Interest paid                                                                                                                                                          |                                                          | --       |                                                                                                                    |   | --                                                                                                                     |   |   | -- |   |
|                                                                                                                                                                        |                                                          |          |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
| Stock issued to retire debt                                                                                                                                            |                                                          | 779,881  |                                                                                                                    |   | --                                                                                                                     |   |   | -- |   |
|                                                                                                                                                                        |                                                          |          |                                                                                                                    |   |                                                                                                                        |   |   |  |   |
| Stock issued      to acuire equipment and inventory                                                                                                                    | 18,000                                                        |     |                                                                                                                    | --     |                                                                                                                   |   | -- |   |

----

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| 1. |   | Requires an entity to recognize a servicing      asset or servicing liability each time it undertakes an obligation to service      a financial asset by entering into a servicing contract.                                                                                                                                                                                                                                                                                                                                                                       |
|----|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 2. |   | Requires all separately recognized servicing      assets and servicing liabilities to be initially measured at fair value,      if practicable.                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 3. |   | Permits an entity to choose "Amortization method"      or "Fair value measurement method" for each class of separately recognized      servicing assets and servicing liabilities.                                                                                                                                                                                                                                                                                                                                                                                 |
| 4. |   | At its initial adoption, permits a one-time      reclassification of available-for-sale securities to trading securities      by entities with recognized servicing rights, without calling into question      the treatment of other available-for-sale securities under Statement 115,      provided that the available-for-sale securities are identified in some manner      as offsetting the entity's exposure to changes in fair value of servicing      assets or servicing liabilities that a servicer elects to subsequently measure      at fair value. |
| 5. |   | Requires separate presentation of servicing      assets and liabilities subsequently measured at fair value in the statement      of financial position and additional disclosures for all separately recognized      servicing assets and servicing liabilities.                                                                                                                                                                                                                                                                                                  |

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|   | Intangible assets, at cost  | $      | 12,510 |   |
|--------|-----------------------------|--------|--------|--------|
|   | Less - amortization allowed |   | 556    |   |
|   |                             |   |   |   |
|   |                        | $      | 11,954 |   |
|   |                             |   |   |   |

|   | Inventory         | $      | 95,490  |   |
|--------|-------------------|--------|---------|--------|
|   | Intangible assets |   | 12,510  |   |
|   |              | $      | 108,000 |   |
|   |                   |   |    |   |

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