SECURITIES
AND EXCHANGE COMMISSION


Washington,
D.C.  20549


_______________________





Amendment
No. 1 to FORM 10-Q





þ           QUARTERLY
REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE


SECURITIES
EXCHANGE ACT OF 1934





For
the quarterly period ended June 30, 2009





o           TRANSITION
REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE


SECURITIES
EXCHANGE ACT OF 1934





For the
transition period from ________________ to _______________





Commission
File No. 033-17774-NY





HYBRED
INTERNATIONAL, INC.


(Exact
name of registrant as specified in its charter)





Colorado
            93-0955290(State
      or other jurisdiction of incorporation or organization)
            (I.R.S.
      Employer Identification Number)








370 W.
Pleasantview Ave., Suite 163, Hackensack, NJ 07601


(Address
of principal executive office)





Registrant's
telephone number, including area code: (201) 788-3785





____________________________________________


Former
name, former address and former fiscal year,


if
changed since last report.





Check whether the Issuer: (1) has filed
all reports required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such shorter period
that the registrant was required to file such reports), and (2) has been subject
to such filing requirements for the past 90 days.





Yes     þ
            No     o





Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting company. See
the definitions of “large accelerated filer,” “accelerated filer” and “smaller
reporting company” in Rule 12b-2 of the Exchange Act. (Check one):


Large
      accelerated filer  o
            
            Accelerated
      filer oNon-accelerated
      filer  o
              (Do
      not check if a smaller reporting company)
            
            Smaller
      Reporting Company þ




Indicate
by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Exchange Act).  YES  o NO  þ





119,815,519
shares of Common Shares, par value $0.001 per share, were outstanding as of June
30, 2009.








Explanatory
Note









The
Company is filing this Amendment Number1 to Form 10-Q in order to correct Note 6
to the financial statements with reference to a loan payable to a Director of
the Company.





The loans
made by this individual were interest bearing with interest accrued by the
Company.





The
restated Note 6 is as follows:






As of
June 30, 2009, the Company’s President had loaned the Company $6,562 on a
non-interest bearing basis to provide funding for certain operating expenses. As
of June 30, 2009, this amount remained unpaid. Additionally, during 2007, a
Director and shareholder of the Company loaned the Company $8,000. The Loan is
payable on demand and bears interest at the rate of 6.75% per annum. The
proceeds of the loan were used  to provide the Company with working
capital. In July 2008 this same individual loaned the Company an additional
$5,000, to be used for working capital. This additional loan bears interest at
the rate of 6.75% per annum. As of June 30, 2009, the Company had repaid $7,000
to this individual, leaving a balance due him of $6,000. The accrued interest
payable as of June 30, 2009 on the loan payable due to this individual was
$799.








HYBRED
INTERNATIONAL, INC.


(A
Developmental Stage Company)





CONTENTS





PagePART
      I-
            FINANCIAL
      INFORMATIONITEM
      1-
            FINANCIAL
      STATEMENTSBalance
      sheet as of June 30, 2009 (unaudited)and
      December 31, 2008
            1Statement
      of operations for the three and six months ended June 30, 2009 and June
      30, 2008 (unaudited)
            2Statement
      of changes in stockholders’ equity for the period January 1, 2007 to June
      30, 2009 (unaudited)
            3Statement
      of cash flows for the six months ended June 30, 2009 June 30, 2008 (unaudited)
            4Notes
      to financial statements
            5ITEM
      2-
            MANAGEMENT’S
      DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
      OPERATIONS
            11ITEM
      3-
            QUANTITATIVE
      AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
            12ITEM
      4-
            CONTROLS
      AND PROCEDURES
            12PART
      II-
            OTHER
      INFORMATIONITEM
      1-
            LEGAL
      PROCEEDINGS
            13ITEM
      1A-
            RISK
      FACTORS
            13ITEM
      2-
            UNREGISTERED
      SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
            13ITEM
      3-
            DEFAULT
      UPON SENIOR SECURITIES
            14ITEM
      4-
            SUBMISSION
      OF MATTERS TO A VOTE OF SECURITY HOLDERS
            14ITEM
      5-
            OTHER
      INFORMATION
            14ITEM
      6-
            EXHIBITS
            14SIGNATURES
            
            15Exhibit
      31.1
            Certification
      Pursuant to Section 302 of the Sarbanes Oxley Act
            16Exhibit
      32.2
            Certification
      Pursuant to Section 906 of the Sarbanes Oxley Act
            17









HYBRED
INTERNATIONAL, INC.
 (
A Developmental Stage Company)
 BALANCE
SHEET
 
 As
of June 30, 2009 and December 31, 2008
 
 ASSETS
 
 June
      30,
              
              
              December
      31,2009
              
              
              2008(Unaudited)CURRENT
      ASSETS:Cash
      in bank
              
              $
              -
              
              
              $
              -Total
      current assets
              
              
              -
              
              
              
              -FIXED
      ASSETS:Tools
      and Dies (Note
      4)
              
              
              13,036
              
              
              
              13,036Less:
      accumulated depreciation
              
              
              (4,935
              )
              
              
              (4,003
              )Net
      fixed assets
              
              
              8,101
              
              
              
              9,033Total
      assets
              
              $
              8,101
              
              
              $
              9,033
 
 LIABILITIES
AND STOCKHOLDERS’ EQUITY
 
 LIABILITIES:Accounts
      payable
              
              $
              31,080
              
              
              $
              29,080Cash
      overdraft
              
              
              -
              
              
              
              218NJ
      Corporation business tax payable
              
              
              500
              
              
              
              500Loan
      payable (Note
      5)
              
              
              20,000
              
              
              
              20,000Due
      to-shareholders (Note
      6)
              
              
              12,562
              
              
              
              11,244Accrued
      interest payable
              
              
              4,339
              
              
              
              3,597Total
      liabilities
              
              
              68,481
              
              
              
              64,639STOCKHOLDERS’
      EQUITY:Common
      stock, par value $.001 per share; authorized 120,000,000 shares, issued
      and outstanding 119,815,519 shares at June 30, 2009 and at December 31,
      2008
              
              
              119,816
              
              
              
              119,816Preferred
      stock, no par value, authorized 1,000,000 shares, none issued and
      outstanding as of June 30, 2009 and December 31, 2008
              
              
              -
              
              
              
              -Additional
      paid in capital
              
              
              18,450
              
              
              
              18,450Retained
      earnings (deficit)
              
              
              (198,646
              )
              
              
              (193,872
              )Total
      stockholder’s equity
              
              
              (60,380
              )
              
              
              (55,606
              )Total
      liabilities and stockholder’s equity
              
              $
              8,101
              
              
              $
              9,033
 
 The
accompanying notes should be read in conjunction with the financial
statements
 -1-
 
 HYBRED
INTERNATIONAL, INC.
 (A
Developmental Stage Company)
 STATEMENT
OF OPERATIONS
 
 For
the Six and Three Months Ended
 June
30, 2009 and June 30, 2008
 
 Six
      Months Ended
              
              
              Three
      Months EndedJune
      30,
              
              
              June
      30,
              
              
              June
      30,
              
              June
      30,2009
              
              
              2008
              
              
              2009
              
              
              2008(Unaudited)
              
              
              (Unaudited)
              
              
              (Unaudited)
              
              
              (Unaudited)REVENUES:Revenues
              
              $
              -
              
              
              $
              -
              
              
              $
              -
              
              
              $
              -EXPENSES:Farrier
      expense
              
              
              -
              
              
              
              2,252
              
              
              
              -
              
              
              
              1,152Bank
      service charge
              
              
              64
              
              
              
              71
              
              
              
              (11
              )
              
              
              40Dues
      and subscriptions
              
              
              -
              
              
              
              60
              
              
              
              -
              
              
              
              -Auto
      expense
              
              
              80
              
              
              
              1,585
              
              
              
              -
              
              
              
              631Marketing
      consultant
              
              
              -
              
              
              
              9,400
              
              
              
              -
              
              
              
              6,400Marketing
      expense
              
              
              -
              
              
              
              1,500
              
              
              
              -
              
              
              
              1,500Postage
      and shipping
              
              
              24
              
              
              
              165
              
              
              
              -
              
              
              
              30Printing
      and reproduction
              
              
              -
              
              
              
              268
              
              
              
              -
              
              
              
              -Office
      maintenance and supplies
              
              
              -
              
              
              
              979
              
              
              
              -
              
              
              
              739Telephone
              
              
              146
              
              
              
              1,042
              
              
              
              -
              
              
              
              536Meals
      and entertainment
              
              
              786
              
              
              
              3,158
              
              
              
              -
              
              
              
              1,831Travel
              
              
              -
              
              
              
              2,819
              
              
              
              -
              
              
              
              1,971Promotional
      expense
              
              
              -
              
              
              
              131
              
              
              
              -
              
              
              
              -Trade
      shows
              
              
              -
              
              
              
              1,000
              
              
              
              -
              
              
              
              -Website
      expenses
              
              
              -
              
              
              
              5,016
              
              
              
              -
              
              
              
              1,016Rent
              
              
              -
              
              
              
              1,500
              
              
              
              -
              
              
              
              -Accounting
      fees
              
              
              2,000
              
              
              
              3,500
              
              
              
              1,000
              
              
              
              1,000Legal
      fees
              
              
              -
              
              
              
              30,000
              
              
              
              -
              
              
              
              -Transfer
      agent fees
              
              
              -
              
              
              
              553
              
              
              
              -
              
              
              
              553Consultants
              
              
              -
              
              
              
              1,350
              
              
              
              -
              
              
              
              650Write-off
      of deferred offering costs
              
              
              -
              
              
              
              19,800
              
              
              
              -
              
              
              
              (5,500
              )Depreciation
      expense – tools and dies
              
              
              932
              
              
              
              867
              
              
              
              466
              
              
              
              454Contributions
              
              
              -
              
              
              
              325
              
              
              
              -
              
              
              
              325Total
      expenses
              
              
              4,032
              
              
              
              87,341
              
              
              
              1,455
              
              
              
              13,328Operating
      deficit
              
              
              (4,032
              )
              
              
              (87,341
              )
              
              
              (1,455
              )
              
              
              (13,328
              )OTHER
      EXPENSES:Interest
      expense
              
              
              742
              
              
              
              683
              
              
              
              371
              
              
              
              321Total
      other expenses
              
              
              742
              
              
              
              683
              
              
              
              371
              
              
              
              321Net
      (loss)
              
              $
              (4,774
              )
              
              $
              (88,024
              )
              
              $
              (1,826
              )
              
              $
              (13,649
              )
 
 The
accompanying notes should be read in conjunction with the financial
statements
 -2-
 
 HYBRED
INTERNATIONAL, INC.
 (A
Developmental Stage Company)
 STATEMENT
OF CHANGES IN STOCKHOLDERS’ EQUITY
 
 For
the Period January 1, 2007 to June 30, 2009
  Additional
              
              
              
              
              
              RetainedCommon
      Stock
              
              
              Paid
      in
              
              
              Preferred
      Stock
              
              
              EarningsShares
              
              
              Amount
              
              
              Capital
              
              
              Shares
              
              
              Amount
              
              
              (Deficit)
              
              
              TotalBalances
      at January 1, 2007
              
              
              390,519
              
              
              $
              391
              
              
              $
              -
              
              
              $
              -
              
              
              $
              -
              
              
              $
              (18,016
              )
              
              $
              (17,625
              )Compensatory
      stock issuance
              
              
              20,000,000
              
              
              
              20,000
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              20,000Net
      loss of the year ended December 31, 2007
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              (24,500
              )
              
              
              (24,500
              )Balances
      at December 31, 2007
              
              
              20,390,519
              
              
              $
              20,391
              
              
              $
              -
              
              
              $
              -
              
              
              $
              -
              
              
              $
              (42,516
              )
              
              $
              (22,125
              )Issuance
      300,000 shares of common stock, par value $.001 per share, at $.30 per
      share
              
              
              300,000
              
              
              
              300
              
              
              
              89,700
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              90,000Conversion
      of existing note payable of $15,000 plus accrued interest of $4,125 into
      common stock at par, $.001 per share
              
              
              19,125,000
              
              
              
              19,125
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              19,125Cancellation
      of 19,700,000 shares of common stock issued
              
              
              (19,700,000
              )
              
              
              (19,700
              )
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              (19,700
              )Merger
      with Hybred International pursuant to the plan of merger; shares issued on
      a 1:1 basis to Hybred shareholders
              
              
              80,000,000
              
              
              
              80,000
              
              
              
              (71,550
              )
              
              
              -
              
              
              
              -
              
              
              
              (47,080
              )
              
              
              (38,630
              )Issuance
      of 19,700,000 shares to cancel debt
              
              
              19,700,000
              
              
              
              19,700
              
              
              
              300
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              20,000Net
      loss for the year ended December 31, 2008
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              (104,276
              )
              
              
              (104,276
              )Balances
      at December 31, 2008
              
              
              119,815,519
              
              
              $
              119,816
              
              
              $
              18,450
              
              
              $
              -
              
              
              $
              -
              
              
              $
              (193,872
              )
              
              $
              (55,606
              )Net
      loss for the six months ended
                June
      30, 2009
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              (4,774
              )
              
              
              (4,774
              )Balances
      at June 30, 2009
              
              
              119,815,519
              
              
              $
              119,816
              
              
              $
              18,450
              
              
              $
              -
              
              
              $
              -
              
              
              $
              (198,646
              )
              
              $
              (60,380
              )
 
 The
accompanying notes should be read in conjunction with the financial
statements
 -3-
 
 HYBRED
INTERNATIONAL, INC.
 (A
Developmental Stage Company)
 STATEMENT
OF CASH FLOWS
 
 For
the Six Months Ended
 June
30, 2009 and June 30, 2008
 
 June
      30,
              
              
              June
      30,2009
              
              
              2008(Unaudited)
              
              
              (Unaudited)CASH
      FLOWS FROM OPERATING ACTIVITIES:Net
      (loss)
              
              $
              (4,774
              )
              
              $
              (88,024
              )Adjustments
      to reconcile net (loss) to net cash (used) by operating
      activities:Depreciation
      expense
              
              
              932
              
              
              
              3,135Changes
      in assets and liabilities:Increase
      in accounts payable
              
              
              2,000
              
              
              
              20,080(Decrease)
      in cash overdraft
              
              
              (218
              )Increase
      in accrued interest payable
              
              
              742
              
              
              
              (1,257
              )Total
      adjustments
              
              
              3,456
              
              
              
              21,958NET
      CASH (USED) BY OPERATING ACTIVITIES
              
              
              (1,318
              )
              
              
              (66,066
              )CASH
      FLOWS FROM INVESTING ACTIVITIES:Acquisition
      of tools and dies
              
              
              -
              
              
              
              (13,036
              )NET
      CASH (USED) BY INVESTING ACTIVITIES
              
              
              -
              
              
              
              (13,036
              )CASH
      FLOWS FROM FINANCING ACTIVITIES:Issuance
      of common stock at $.30 per share
              
              
              -
              
              
              
              90,000Conversion
      of note payable
              
              
              -
              
              
              
              19,125Loans
      from shareholders
              
              
              1,318
              
              
              
              8,243Cancellation
      of 19,700,000 shares at par value
              
              
              -
              
              
              
              (19,700
              )Common
      stock issued pursuant to merger agreement
              
              
              -
              
              
              
              80,000Issuance
      of 19,700,000 shares of common stock to cancel debt
              
              
              -
              
              
              
              20,000Recapitalization
      of common stock
              
              
              -
              
              
              
              (71,550
              )Consolidation
      of pre-merger Company’s accumulated losses
              
              
              -
              
              
              
              (47,080
              )(Decrease)
      in note payable
              
              
              -
              
              
              
              (15,000
              )Increase
      in loan payable
              
              
              -
              
              
              
              16,000NET
      CASH PROVIDED BY FINANCING ACTIVITIES
              
              
              1,318
              
              
              
              80,038Increase
      in cash
              
              
              -
              
              
              
              936Cash,
      beginning of period
              
              
              -
              
              
              
              -Cash,
      end of period
              
              $
              -
              
              
              $
              936
 
 
 The
accompanying notes should be read in conjunction with the financial
statements
  -4-




HYBRED
INTERNATIONAL, INC.


(A
Developmental Stage Company)





NOTES
TO FINANCIAL STATEMENTS





For
the Six Months Ended June 30, 2009








Note
      1-
            NATURE
      OF BUSINESS:





Organization:


Temporary
Time Capital Corp., Inc., a corporation organized under the laws of the State of
Colorado, was a shell company with no or nominal business operations. On January
31, 2008, the Company entered into a merger agreement with Hybred International,
Inc., a corporation organized under the laws of the State of New Jersey. No
prior relationship between the companies, or any natural person, is known to
have existed.





The
merger agreement was filed and was effective within the State of Colorado on
February 7, 2008, and was effective within the State of New Jersey on February
27, 2008.





The
merger agreement (the “Agreement”) stipulated that the companies would merge and
the surviving entity would be Temporary Time Capital Corp., Inc.. Temporary Time
Capital Corp., Inc. would then change its name to Hybred International, Inc.
(the name of the New Jersey entity that merged into the Colorado entity, with
the result that one entity with the name of Hybred International, Inc. with the
business operations of the original New Jersey entity would be registered to do
business in the States of New Jersey and Colorado).





The
shareholders of the former Hybred International, Inc. had their shares exchanged
1:1 into the new entity. The shareholders of the former Temporary Time Capital
Corp., Inc. retained their holdings 1:1. The authorized number of shares in the
new Hybred International, Inc. was increased to 120,000,000 (from 50,000,000) to
allow for the distribution to the shareholders of the former Hybred
International, Inc.





As part
of the Agreement, the Directors and officers of Temporary Time Capital Corp.,
Inc. resigned and the officers and Directors of the former Hybred International,
Inc. are now the officers and Directors of the new Hybred International,
Inc.





The
former (prior to merger) Hybred International, Inc. has developed and intends to
produce and market a revolutionary therapeutic horseshoe, which contains an
injection molded urethane composition into the shoe designed to reduce the
concussive effect of horses’ hooves on surfaces such as concrete, asphalt and
rock hard race tracks, thus reducing the chances of a horse developing a hoof
injury, which comprise approximately 90% of all equine injuries.





The new
(post merger) Hybred International, Inc. has acquired the business operations of
the former Hybred International, Inc. which consists mainly of research and
development and resultant intellectual property to manufacture (or caused to be
manufactured) the therapeutic horseshoe and industry knowledge associated with
the transition of the incoming officers and Directors.


-5-





HYBRED
INTERNATIONAL, INC.


(A
Developmental Stage Company)





NOTES
TO FINANCIAL STATEMENTS





For
the Six Months Ended June 30, 2009








Note
      2-
            SIGNIFICANT
      ACCOUNTING POLICIES:





Basis
of Accounting


The
financial statements of the Corporation were prepared on the accrual basis of
accounting, which recognizes income when earned and expenses when
incurred.





Cash
and Cash Equivalents


For
purpose of the statement of cash flows, the Corporation considers all highly
liquid debt instruments purchased with a maturity of three months or less to be
cash equivalents.





Pervasiveness
of Estimates


The
preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the financial statements and
the reported amounts of revenues and expenses during the reporting period.
Actual results could differ from those estimates.





Effect
of New Accounting Pronouncements


In June
2009, the FASB issued SFAS No. 168, “The FASB Accounting Standards
Codification and Hierarchy of Generally Accepted Principles- a Replacement of
FASB Statement No. 162(“SFAS No. 168”).SFAS No. 168 establishes
the ASC as the source of authoritative accounting principles recognized by the
FASB to be applied in the preparation of financial statements in conformity with
U.S. GAAP.





Rules and
interpretive releases of the SEC under the authority of Federal securities laws
are also sources of authoritative U.S. GAAP for SEC registrants. All guidance
contained in the ASC carries an equal level of authority.





The ASC
supersedes all existing non-SEC accounting and reporting standards. The FASB
will not issue new standards in the form of any SFAS, FASB Staff Positions or
Emerging Issues Task Force Abstracts. Instead, the FASB will issue Accounting
Standards Updates (“ASU”) that will serve to update the ASC, provide background
information about the guidance and provide the bases for conclusions on the
change(s) in the ASC. The adoption of SFAS No. 168 will not have an impact upon
the Company’s financial position, results of operations or cash flows.





In May
2009, the FASB issued FSP FAS 165, “Subsequent Events”,which
provides authoritative accounting literature related to evaluating subsequent
events. FASB FAS 165 is similar to current guidance with some exceptions that
are not intended to result in significant change to current practice. FSP FAS165
defines subsequent events and also requires the disclosure of the date through
which an entity has evaluated subsequent events and the basis for that date. The
provisions of FSP FAS165 are effective for interim or annual financial periods
ending after June 15, 2009. The Company has adopted the provisions of FSP FAS165
effective as of June 30, 2009 and its adoption did not have a material impact on
the Company’s financial position, results of operations, cash flows or its
required disclosures in its Form 10-Q. The Company has evaluated subsequent
events through October 30, 2009.


-6-





HYBRED
INTERNATIONAL, INC.


(A
Developmental Stage Company)





NOTES
TO FINANCIAL STATEMENTS





For
the Six Months Ended June 30, 2009





Note 2-
            SIGNIFICANT ACCOUNTING
      POLICIES:(continued)





Effect of New Accounting
Pronouncements(continued)


In April
2009, the FASB issued FSP FAS No. 107-1 and Accounting Principles Board (“APB”)
Opinion No. 28-1, Interim
Disclosures about Fair Value of Financial Instruments”,which amends SFAS
No. 107, Disclosures about
Fair Value of Financial Instruments and requires disclosures about the
fair value of financial instruments for interim reporting periods as well as in
annual financial statements. FSP FAS No. 107-1 and APB No. 28-1 also amend APB
Opinion No. 28, Interim
Financial Reporting, to require these disclosures in all interim
financial statements. FSP FAS No. 107-1 and APB No. 28-1 are effective for
interim reporting periods ending after June 15, 2009. The adoption of FSP FAS
No. 107-1 and APB No. 28-1 did not have a material impact on the Company’s
financial position, results of operations or cash flows.





Effective
April 1, 2007, the Company adopted the provisions of Financial Accounting
Standards Board Interpretation No.48 (“FIN 48”), “Accounting for Uncertainty in
Income Taxes- an interpretation of FASB Statement No. 109”,which
clarifies the accounting for uncertainty in income taxes recognized in an
entity’s financial statements in accordance with FASB Statement No.109, “Accounting for Income Taxes”.FIN 48 prescribes a recognition threshold and measurement attribute for
the financial statement disclosures of tax positions taken or expected to be
taken in an income tax filing. The evaluation of a tax position is a two step
process. The first step requires an entity to determine whether it is more
likely than not that a tax position will be sustained upon examination based
upon the technical merits of the position. The second step requires an entity to
recognize in the financial statements each tax position that meets the more
likely than not criteria, measured at the largest amount of benefit that has a
greater than fifty percent likelihood of being recognized. FIN 48 also provides
guidance on de-recognition, classification, interest and penalties, accounting
for interim periods, disclosure and transition.





The
Company believes that with its adoption of FIN 48, that the income tax positions
taken by it did not have a material effect on the financial statements for the
six months ended June 30, 2009.





In
December 2006, the FASB issued SFAS No. 157, “Fair Value Measurements”,
which enhances existing guidance for measuring assets and liabilities using fair
value. This Standard provides a single definition of fair value, together with a
framework for measuring it, and requires additional disclosure about the use of
fair value to measure assets and liabilities. SFAS No. 157 is effective for
financial statements issued for fiscal years beginning after November 15, 2007,
and interim periods within those fiscal years. The Company does not believe that
SFAS No. 157 will have a material impact on its financial
statements.





In
February 2007, the FASB issued SFAS No. 159 (“SFAS 159”) “The Fair Value Option for Financial
Assets and Financial Liabilities”, providing companies with an option to
report selected financial assets and liabilities at fair value. The Standard’s
objective is to reduce both complexity in accounting for financial instruments
and the volatility in earnings caused by measuring related assets and
liabilities differently. It also requires entities to display the fair value of
those assets and liabilities for which the Company has chosen to use fair value
on the face of the balance sheet. SFAS 159 is effective for fiscal years
beginning after November 15, 2007. The Company does not believe that SFAS No.
159 will have a material impact on its financial
statements.


-7-





HYBRED
INTERNATIONAL, INC.


(A
Developmental Stage Company)





NOTES
TO FINANCIAL STATEMENTS





For
the Six Months Ended June 30, 2009





Note
3-                   GOING
CONCERN:





The
accompanying financial statements have been prepared assuming that the Company
will continue as a going concern which contemplates the realization of assets
and the satisfaction of liabilities in the normal course of business. The
Company has incurred operating losses and negative operating cash flow since
inception and future losses are anticipated. The Company’s plan of operations,
even if successful, may not result in cash flow sufficient to finance and expand
its business. These factors raise substantial doubt about the Company’s ability
to continue as a going concern.





Realization
of assets is dependent upon continued operations of the Company, which in turn
is dependent upon management’s plans to meet its financing requirements and the
success of its future operations. The ability of the Company to continue as a
going concern is dependent on improving the Company’s profitability and cash
flow and securing additional financing. While the Company believes in the
viability of its strategy to generate revenues and profitability and in its
ability to raise additional funds, and believes that the actions presently being
taken by the Company provide the opportunity for it to continue as a going
concern, there can be no assurances to that effect. These financial statements
do not include any adjustments related to the recoverability and classification
of asset amounts or the amounts and classification of liabilities that might be
necessary if the Company is unable to continue as a going concern.








Note
      4-
            FIXED
      ASSETS:





Fixed
assets consist of tools and dies which are recorded at cost. These assets are
being depreciated using the straight line method of depreciation over an
estimated useful life of seven years. As of June 30, 2009 the Company had
acquired tools and dies at a cost of $13,036. The accumulated depreciation
recorded on these assets as of June 30, 2009 was $4,935.








Note
5-                    LOAN
PAYABLE:





During
2006, the Company borrowed the sum of $16,000 from an independent third party.
The loan is payable on demand and bears interest at the rate of 6.75% per annum.
As of June 30, 2009, no principal payments had been made on this loan. The
amount of interest accrued on this loan as of June 30, 2009 was
$3,540.





During
August 2008, the Company borrowed the sum of $4,000 from two individuals on a
non-interest bearing basis. The loans are payable upon demand and as of June 30,
2009, they remained unpaid.


-8-





HYBRED
INTERNATIONAL, INC.


(A
Developmental Stage Company)





NOTES
TO FINANCIAL STATEMENTS





For
the Six Months Ended June 30, 2009








Note
6-                   RELATED
PARTY TRANSACTIONS:





As of
June 30, 2009, the Company’s President had loaned the Company $6,562 on a
non-interest bearing basis to provide funding for certain operating expenses. As
of June 30, 2009, this amount remained unpaid. Additionally, during 2007, a
Director and shareholder of the Company loaned the Company $8,000. The Loan is
payable on demand and bears interest at the rate of 6.75% per annum. The
proceeds of the loan were used  to provide the Company with working
capital. In July 2008 this same individual loaned the Company an additional
$5,000, to be used for working capital. This additional loan bears interest at
the rate of 6.75% per annum. As of June 30, 2009, the Company had repaid $7,000
to this individual, leaving a balance due him of $6,000. The accrued interest
payable as of June 30, 2009 on the loan payable due to this individual was
$799.








Note
7-                   STOCKHOLDERS’
EQUITY:





Prior to
the merger, the Company was authorized to issue 50,000,000 of its common stock.
As of June 30, 2008, the Company had 20,390,519 shares of common stock issued
and outstanding. On February 7, 2008, the Board of Directors voted to increase
the numbers of common stock authorized to120,000,000 shares. As of June 30, 2009
the Company reported 119,815,519 shares of common stock as issued and
outstanding.





The
Company is also authorized to issue 1,000,000 of its no par preferred stock. As
of June 30, 2009, none of these shares were issued and outstanding.








Note
8-                   STOCK-BASED
COMPENSATION:





On
November 6, 2007, the Company issued 20,000,000 shares of its common stock to
Hoss Capital, LLC in consideration for consulting services rendered to the
Company amounting to $20,000. With the issuance of theses shares, Hoss Capital,
LLC effectively owned 98.08% of the issued and outstanding common stock of the
Company. In January 2008 Hoss Capital sold its 20,000,000 shares in a private
transaction to an individual. Concurrent with the merger, as stated in Note 1,
this individual surrendered 19,700,000 shares back to the Company in order to
facilitate the merger discussed in Note 9.







Note
9-                   MERGER
WITH HYBRED INTERNATIONAL, INC.:





On
January 31, 2008, Board of Directors of the Company agreed to merge with Hybred
International, Inc. (Hybred), a New Jersey corporation. The effective date of
the merger was February 1, 2008. Under the terms of the “Plan of Merger,” Hybred
was merged into the Company and Temporary Time Capital Corp. became the
surviving entity. The surviving Company then changed its name to Hybred
International, Inc. The Board of Directors of the Company voted to increase the
number of common shares authorized from 50,000,000 to 120,000,000. Under the
terms of the merger agreement the shareholders of Hybred International, Inc.
were issued 80,000,000 shares of the Company’s common stock in exchange for
their shares of the former Company.


-9-





HYBRED
INTERNATIONAL, INC.


(A
Developmental Stage Company)





NOTES
TO FINANCIAL STATEMENTS





For
the Six Months Ended June 30, 2009








Note
10-                STOCK
ISSUANCE:





On
January 28, 2008 the Company entered into a subscription agreement with AER
Investment (AER) whereby AER would purchase 300,000 of the Company’s common
stock, par value $.001, for $.30 per share or $90,000. The proceeds of this
issuance were used to provide the Company with working capital. Additionally, on
April 2008, the Company issued an additional 19,700,000 shares of its common
stock in consideration for the cancellation of debt of $20,000 owed to an
individual who is a shareholder.









-10-





HYBRED
INTERNATIONAL, INC.


(A
Developmental Stage Company)




MANAGEMENT’S
DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS




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





This
report contains forward-looking statements within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934 that include, among others, statements of: expectations, anticipations,
beliefs, estimations, projections, and other similar matters that are not
historical facts, including such matters as: future capital requirements
research and development expenditures, repayments of debt, business strategies,
and expansion and growth of business operations. These statements are based on
certain assumptions and analyses made by our management in light of past
experience and perception of: historical trends, current conditions, expected
future developments, and other factors that our management believes are
appropriate under the circumstances. We caution the reader that these
forward-looking statements are subject to risks and uncertainties, including
those associated with the financial environment, the regulatory environment, and
trend projections, that could cause actual events or results to differ
materially from those expressed or implied by the statements. Such risks and
uncertainties include those risks and uncertainties identified
below.





The
Company is engaged in the research and development of therapeutic horseshoes
whereby the Company utilizes urethane compound which is bonded to an aluminum
horseshoe using a proprietary method. The Hybred Horseshoe’s design features
contain side clips which act to further secure the shoe to the hoof, nail holes
with a recess in the shoe, thus making it easier to remove the shoe at any time
and a toe plate for longer wear. The shoe’s compatible design features allow the
farrier to use traditional shoeing methods. The Hybred Horseshoe is expected to
retail between $22 and $25 per pair.





The
Company had filed for a provisional patent for the Hybred Horseshoe in 2007. The
Company has expended approximately 1,000 hours researching and developing the
Hybred Horseshoe. No known governmental approval is expected for the Hybred
Horseshoe and no known governmental regulation is expected to impact the Hybred
Horseshoe at this time.





The
Company currently has no employees.





Revenues





We have
not generated revenue as of the date hereof.





Operating
Expenses





Our
operating expenses for the six months ended June 30, 2009 and the six months
ended June 30, 2008 were $4,032 and $87,341, respectively. The $83,309 decrease
in operating expense when comparing the six months ended June 30, 2008 was
primarily due to the Company not having sufficient working capital and
curtailing operating expenses.





Net Loss





Net loss
for the six months ended June 30, 2009 and the six months ended June 30, 2008
was $4,774 and $88,024, respectively. The decrease in our net loss for the
respective periods is primarily attributable to the factors set forth under
Operating Expenses above.


-11-





HYBRED
INTERNATIONAL, INC.


(A
Developmental Stage Company)





MANAGEMENT’S
DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS





Liquidity and Capital
Resources





As of
June 30, 2009 we had total assets of $8,101 as compared to total assets of
$9,033 as of December 31, 2008. The reason for this decrease in our assets is
directly attributable to additional depreciation being reported.





Current
liabilities as of June 30, 2009 were $68,481 as compared to $64,639 as of
December 31, 2008. Our accounts payable and loans payable were $51,080 and
$49,080 respectively.





We use
available finances to fund ongoing operations. Funds will be used for general
and administrative expenses. We do not have sufficient funds available to meet
our current liabilities. Unless we secure additional financing, it is unlikely
that we will be able to continue our current operations.





Going
concern





As
reflected in the accompanying financial statements, the Company has current
liabilities that exceed its current assets resulting in a working capital
deficit. Management is presently seeking to raise permanent equity capital in
the capital markets to eliminate negative working capital. Failure to raise
equity capital or secure some other form of long-term debt arrangement will
cause the Company to further increase its negative working capital deficit and
could result in the operating expenses and generate revenues, there can be no
assurances that the revenue will be sufficient to enable it to develop business
to a level where it will generate profits and cash flows from operations. These
matters raise substantial doubt about the Company’s ability to continue as a
going concern. However, the accompanying financial statements have been prepared
on a going concern basis, which contemplates the realization of assets and
satisfaction of liabilities in the normal course of business.





Item
3.         Quantitative and
Qualitative Disclosures About Market Risks





Smaller
reporting companies are not required to provide the information required by item
305.





Item
4.         Controls and
Procedures





The
Company maintains disclosure controls and procedures (as defined in Rules
13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended
the “Exchange Act) that are designed to ensure that information required to be
disclosed in our reports filed under the Exchange Act, is recorded, processed,
summarized and reported within the time periods specified in the Securities and
Exchange Commission’s rules and forms, and that such information is accumulated
and communicated to the Chief Executive Officer, to allow timely decisions
regarding required disclosure. In designing and evaluating the disclosure
controls and procedures, management recognized that any controls and procedures,
no matter how well designed and operated, can provide only reasonable assurance
of achieving the desired control objectives, and management necessarily was
required to apply its judgment in evaluating the cost-benefit relationship of
possible controls and procedures.





The
Company carried out an evaluation under the supervision of the Chief Executive
Officer, of the effectiveness of the design and operation of our disclosure
controls and procedures as of June 30, 2009, the end of the period covered by
this report. Based on that evaluation, our Chief Executive Officer concluded
that the Company’s disclosure controls and procedures were effective at the
reasonable assurance level as of June 30, 2009.


-12-





HYBRED
INTERNATIONAL, INC.


(A
Developmental Stage Company)





MANAGEMENT’S
DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS





Item
4.         Controls and Procedures(continued)





There
have been no changes in our internal control over financial reporting (as
defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) during the
quarter ended June 30, 2009 that materially affected, or are reasonably likely
to materially affect, our internal control over financial
reporting.








PART
II – OTHER INFORMATION





Item
1.         Legal
Proceedings





The
Company is not a party to, or the subject of any material pending legal
proceedings.





Item
1A.      Risk Factors





The
company is a Smaller Reporting Company. A Smaller Reporting Company is not
required to provide the risk factor disclosure required by this
form.





Item
2.         Unregistered Sales of
Equity Securities and Use of Proceeds





On March
25, 2005, the Company issued a note payable to its registered Agent in the
amount of $15,000 for services  rendered upon reincorporation of the
Company. The note is payable on demand and bears interest at the rate of 10% per
annum. The amount accrued on this note as of December 31, 2007 was $4,125. On
January 16, 2008, the Agent assigned the note to seven different parties. On
February 12, 2008, those seven parties converted their portions of the original
note into a 19,125,000 shares of the Company’s common stock.





On
November 6, 2007 the Company issued 20,000,000 shares of its common stock to
Hoss Capital, LLC in consideration for consulting services rendered to the
Company amounting to $20,000. With the issuance of these shares, Hoss Capital,
LLC effectively owned 98.08% of the issued and outstanding common stock of the
Company. In January 2008 Hoss Capital sold its 20,000,000 in a private
transaction to an individual. Concurrent with the merger, this individual
surrendered 19,700,000 of these shared back to the Company in order to
facilitate the merger discussed in Note 10 to the financial
statements.





On
January 31, 2008, Board of Directors of the Company agreed to merge with Hybred
International, Inc. (Hybred), a New Jersey corporation. The effective date of
the merger was February 1, 2008. Under the terms of the “Plan of Merger,” Hybred
was merged into the Company and Temporary Time Capital Corp. became the
surviving entity. The surviving Company then changed its name to Hybred
International, Inc. The Board of Directors of the Company voted to increase the
number of common shares authorized from 50,000,000 to 120,000,000. Under the
terms of the merger agreement the shareholders of Hybred International, Inc.
were issued 80,000,000 shares of the Company’s common stock in exchange for
their shares of the former Company.


-13-





HYBRED
INTERNATIONAL, INC.


(A
Developmental Stage Company)





MANAGEMENT’S
DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS





Item
2.         Unregistered Sales of Equity
Securities and Use of Proceeds(continued)





On
January 28, 2008 the Company entered into a subscription agreement with AER
Investment (AER) whereby AER would purchase 300,000 of the Company’s common
stock, par value $.001, for $.30 per share of $90,000. The proceeds of this
issuance were used to provide working capital.





On April
2008, the Company issued an additional 19,700,000 shares of its common stock in
consideration for the cancellation of debt of $20,000 owed to an individual who
is a shareholder.





The
offering and sales above were deemed to be exempt under Rule 506 of Regulation D
and/or Section 4(2) of the Securities Act of 1933, as amended. No advertising or
general solicitation was employed in offering the securities. The offerings and
sales were made to a limited number of persons, all of whom were accredited
investors or a limited number of unaccredited investors, business associates of
the Company or executive officers of the Company, and transfer was restricted by
the Company in accordance with the requirements of the Securities Act of 1933.
In addition to representations by the above-referenced persons, the Company has
made independent determinations that all of the above-referenced persons were
accredited or sophisticated investors, and that they were capable of analyzing
the merits and risks of their investment, and that they understood the
speculative nature of their investment.





Item
3.         Default upon Senior
Securities





None





Item
4.         Submission of Matters to
a Vote of Security Holders





None





Item
5.         Other
Information





None





Item
6.   (a)  Exhibits and Reports on Form 8-K




Exhibit    31.1          Certification
Pursuant to Section 302 of the Sarbanes Oxley Act





Exhibit    32.1          Certification
Pursuant to Section 906 of the Sarbanes Oxley Act








(b)  Reports on Form 8-K during Quarter





None


-14-





SIGNATURES







In
accordance with the requirements of the Exchange Act, the Registrant has duly
caused this Report on Form 10-Q to be signed on its behalf by the undersigned,
thereunto duly authorized.











HYBRED
      INTERNATIONAL, INC.(Registrant)January
      19, 2010Gary
      KouletasPresident
      (Principal Executive Officer)









-15-