BioCube, Inc. (formerly Alliance Network Communications Holdings, Inc.) (The “Company”) is a development stage company. The Company was incorporated in Delaware. The Company plans to research, design, manufacture, market and distribute an environmentally safe aerosol-based decontamination system.

On October 12, 2010, the Company acquired all of the issued and outstanding common stock of BioCube, Inc., a Nevada corporation, from its shareholders in exchange for 8,750,000 shares of the common stock of the Company valued at par of $0.001 per share. As a result of the transaction, BioCube, Inc. became a wholly-owned subsidiary of the Company and the Company then operated through two wholly-owned subsidiaries, Alliance Network Communications, Inc., which was engaged in the business of developing and marketing surge protectors and other electronic products, and BioCube. The allocation of the net purchase consideration of $8,750 was as follows:

Cash	$ 3,287
Decontamination system	27,000
Goodwill	311,304
Accounts Payable	(56,498)
Accrued interest	(649)
Due to related parties-current	(1,500)
Notes payable	(10,000)
Accrued salaries	(264,194)
	$ 8,750

On December 20, 2010, the Company filed a Certificate of Ownership with the Delaware Secretary of State under Section 267 of the Delaware General Corporation Law, to merge its two wholly-owned subsidiaries, Alliance Network Communications, Inc. and BioCube, Inc., into it, with the Company as the surviving entity. As part of the filing, the corporate name was changed to BioCube, Inc., and its stock trading symbol became BICB.

The surge protection business formerly operated by Alliance Network Communications, Inc. was terminated in the quarter ended October 31, 2011 and the Company now is engaged solely in the business of developing and marketing an environmentally safe aerosol based decontamination system. There were no additional expenses or charges recorded as a result of the termination of the surge protection business.