0001494413
2013-01-01
2013-03-31
0001494413
2013-05-15
0001494413
2013-03-31
0001494413
2012-12-31
0001494413
2009-04-03
2013-03-31
0001494413
2009-04-02
0001494413
2013-01-07
2013-01-08
0001494413
2013-02-01
2013-02-02
0001494413
2013-02-21
2013-02-22
0001494413
us-gaap:ScenarioPreviouslyReportedMember
2012-01-01
2012-03-31
0001494413
us-gaap:ScenarioAdjustmentMember
2012-01-01
2012-03-31
0001494413
us-gaap:RestatementAdjustmentMember
2012-01-01
2012-03-31
0001494413
2013-04-02
2013-05-08
0001494413
2013-04-02
2013-04-30
0001494413
us-gaap:ScenarioPreviouslyReportedMember
2012-03-31
0001494413
us-gaap:ScenarioAdjustmentMember
2012-03-31
0001494413
us-gaap:RestatementAdjustmentMember
2012-03-31
0001494413
us-gaap:RestatementAdjustmentMember
2011-12-31
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
Innovative Product Opportunities Inc.
0001494413
10-Q
2013-03-31
false
--12-31
No
No
No
Smaller Reporting Company
Q1
2013
376000000
0.0001
0.0001
500000000
500000000
348000000
348000000
0.001
0.001
1000000
1000000
0
0
1069
2268
1069
2268
1069
2268
7129
8234
96417
78417
73679
73602
177225
160253
177225
160253
-5946756
-5928585
-176156
-157985
1069
2268
34800
34800
5735800
5735800
-212600
3063
3063
21000
21000
18171
222156
47465
15165
32300
18171
5755156
32300
-18171
-5734156
-32300
336000
-124950
-18171
-5946756
-32300
-32300
348000000
118000000
21000
11855
11855
5512000
-211050
-212600
0.00
0.00
0.00
2000
-1105
7129
5943
-19276
-213027
-40182
13825
-26357
1211
340104
599
18077
214096
42051
13952
28099
-1199
1069
2565
823
1742
1069
2268
8384
6642
30000
-1134
-236425
18000
137917
27500
-27500
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">NOTE 1 - NATURE OF OPERATIONS AND
BASIS OF PRESENTATION</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">Innovative Product Opportunities Inc.
(the "Company" or "Innovative") was incorporated on April 3, 2009 in the State of Delaware and established
a fiscal year end of December 31. The Company is a development stage enterprise organized to provide product development. The Company
is currently in the development stage as defined in Financial Accounting Standards Board ("FASB") Accounting Standard
Codification ("ASC") 915.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">On March 1, 2012 the company
entered into a license agreement with Szar International, Inc. (dba Cigar & Spirits Magazine) (-Cigar & Spirits-) and
moved offices to our new California address with Cigar and Spirits. The agreement grants Innovative the right to market the
products of Cigar & Spirits including but not limited to the sales, promotion, and advertising vehicles of the Magazine.
There are no specific rent terms included in the license agreement but verbally they have agreed to allow Innovative to use
their office on an on-going basis free of additional charge.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">Since March 1, 2012, the Company has
not earned revenues from rights acquired under this license agreement.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">Restatement:</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">The Balance sheet, statement of operations
and the statement of cash flows for the three months ended March 31, 2012 have been restated to exclude the operations and cash
flows of Cigar & Spirits. On April 11, 2013, the Company reconsidered its original conclusion and determined that the Company
is not the primary beneficiary of Cigar & Spirits since it does not have (1) the responsibility to absorb the losses of Cigar
& Spirits (2) the ability to direct the activities of Cigar & Spirits. As such, the original Form 10-Q filed by the Company
for the quarterly periods ended March 31, 2012, June 30, 2012 and September 30, 2012 should not be relied on.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">A summary of the effect of the restatement
is as follows:</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify; text-indent: 0.5in"><i> </i></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr>
<td style="vertical-align: bottom; padding-right: 0.75pt; font-size: 11pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; font-size: 11pt; line-height: 115%"> </td>
<td colspan="2" style="vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 1.8pt; text-align: center; font-size: 11pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">As Reported</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; font-size: 11pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; font-size: 11pt; line-height: 115%"> </td>
<td colspan="2" style="vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 1.8pt; text-align: center; font-size: 11pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">Restatement</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; font-size: 11pt; line-height: 115%"> </td>
<td colspan="2" style="vertical-align: top; border-bottom: windowtext 1pt solid; padding-right: 0.8pt; text-align: center; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">As Restated</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; width: 52%; padding-right: 0.75pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 14%; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 13%; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; width: 1%; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: top; width: 12%; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: top; width: 1%; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; width: 1%; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace"><u>Balance sheet as of</u> March 31, 2012</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">Non-controlling interest</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">22,921</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(22,921</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">-</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace"> </font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace"><u>Statement of Income </u>- For the Three Months Ended March 31, 2012</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">Revenue</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">11,855</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(11,855</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">-</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">Cost of sales</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">3,063</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(3,063</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">-</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">General and administrative expense</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">47,465</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(15,165</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">32,300</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">Net loss attributed to non-controlling interest</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">6,373</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(6,373</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: top">
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right">$</p></td>
<td style="vertical-align: top">
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right">-</p></td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">Net loss</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(32,300</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">-</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(32,300</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">Net loss per share</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(0.00</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">-</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(0.00</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace"> </font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace"><u>Statement of Cash Flows</u> - For the Three Months Ended March 31, 2012</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">Net cash flows used in operating activities</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(40,182</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">13,825</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top">
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right">$</p></td>
<td style="vertical-align: top">
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right">(26,357</p></td>
<td style="vertical-align: top">
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0">)</p></td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">Net cash provided by investing activities</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">696</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(696</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: top">
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right">$</p></td>
<td style="vertical-align: top">
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right">-</p></td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; width: 52%; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">Net cash provided by financing activities</font></td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; width: 14%; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">42,051</font></td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; width: 13%; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(13,952</font></td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: top; width: 1%">
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right">$</p></td>
<td style="vertical-align: top; width: 12%">
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right">28,099</p></td>
<td style="vertical-align: top; width: 1%; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; width: 1%; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">Net change in cash</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">2,565</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(823</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">1,742</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
</table>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">BASIS OF PRESENTATION</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The accompanying unaudited
financial statements of Innovative Product Opportunities Inc. have been prepared without audit pursuant to the rules and regulations
of the Securities and Exchange Commission requirements for interim financial statements. Therefore, they do not include all of
the information and footnotes required by accounting principles generally accepted in the United States for complete financial
statements. The financial statements should be read in conjunction with the annual financial statements for the year
ended December 31, 2012 of Innovative Product Opportunities Inc. in our Form 10-K filed on April 15, 2013.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The interim financial
statements present the balance sheets, statements of operations and cash flows of Innovative Product Opportunities Inc. The financial
statements have been prepared in accordance with accounting principles generally accepted in the United States.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The interim financial information
is unaudited. In the opinion of management, all adjustments necessary to present fairly the financial position as of March 31,
2013 and the results of operations and cash flows presented herein have been included in the financial statements. All such adjustments
are of a normal and recurring nature. Interim results are not necessarily indicative of results of operations for the full year.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0">GOING CONCERN</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The Company's
financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern.
This contemplates the realization of assets and the liquidation of liabilities in the normal course of business. Currently,
the Company does not have significant operations or a source of revenue sufficient to cover its operation costs and allow it
to continue as a going concern. The Company has an accumulated deficit during development stage at March 31, 2013 and
December 31, 2012 of $(5,946,756) and $(5,928,585), respectively. The Company will be dependent upon the raising of
additional capital through placement of its common stock in order to implement its business plan. There can be no assurance
that the Company will be successful in this situation. Accordingly, these factors raise substantial doubt as to the Company's
ability to continue as a going concern. These financial statements do not include any adjustments relating to the
recoverability and classification of recorded asset amounts or amounts and classifications of liabilities that might result
from this uncertainty. The Company is funding its initial operations by way of loans from its Chief Executive Officer. The
Company's officers and directors have committed to advancing certain operating costs of the Company.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">USE OF ESTIMATES AND ASSUMPTIONS</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">Preparation of the financial statements
in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions
that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">CASH AND CASH EQUIVALENTS</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">For purposes of the statement of cash
flows, the Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">NET LOSS PER SHARE</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">Basic net income (loss) per share
includes no dilution and is computed by dividing net income (loss) available to common stockholders by the weighted average number
of common shares outstanding for the period. Diluted earnings per share is computed by dividing earnings available to common shareholders
by the weighted average number of common shares outstanding for the period increased to include the number of additional common
shares that would have been outstanding if potentially dilutive securities had been issued. There were no potentially dilutive
securities outstanding during the periods presented.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">STOCK-BASED COMPENSATION</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The Company measures stock-based compensation
at the grant date based on the fair value of the award and recognizes stock-based compensation expense over the requisite service
period.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The Company also grants awards to
non-employees and determines the fair value of such stock-based compensation awards granted as either the fair value of the consideration
received or the fair value of the equity instruments issued, whichever is more reliably measurable. If the fair value of the equity
instruments issued is used, it is measured using the stock price and other measurement assumptions as of the earlier of (1) the
date at which a commitment for performance by the counterparty to earn the equity instruments is reached, or (2) the date at which
the counterparty's performance is completed.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The Company adopted a stock option
plan on August 30, 2011, but has not granted any stock options.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Courier New, Courier, Monospace; color: black">FAIR
VALUE OF FINANCIAL INSTRUMENTS</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">In accordance with the requirements
of FASB ASC 820, Fair Value Measurements and Disclosures, and FASB ASC 825, Financial Instruments, the Company has determined
the estimated fair value of financial instruments using available market information and appropriate valuation methodologies.
FASB ASC 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability (exit price)
in an orderly transaction between market participants at the measurement date. The statement establishes market or observable
inputs as the preferred sources of values, followed by assumptions based on hypothetical transactions in the absence of market
inputs. The statement requires fair value measurements be classified and disclosed in one of the following categories:</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">Level 1 - Quoted prices in active
markets for identical assets and liabilities.</p>
<p style="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 45.8pt"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">Level 2 - Quoted prices in
active markets for similar assets and liabilities, quoted prices for identical or similar instruments in markets that are not
active and model-derived valuations whose inputs are observable or whose significant value drivers are observable.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">Level 3 - Significant inputs to the
valuation model are unobservable. Financial assets and liabilities are classified based on the lowest level of input that is significant
to the fair value measurement. The fair values of financial instruments, other than Investment securities, are classified as current
assets or liabilities and approximate their carrying value due to the short-term maturity of the instruments.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">RECENT ACCOUNTING PRONOUNCEMENTS</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 9pt 0 0; text-align: justify">There have been no recent accounting
pronouncements or changes in accounting pronouncements that impacted the quarter ended March 31, 2013 or which are expected to
impact future periods, that were not already adopted and disclosed in prior periods.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">BASIS OF PRESENTATION</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The accompanying unaudited
financial statements of Innovative Product Opportunities Inc. have been prepared without audit pursuant to the rules and
regulations of the Securities and Exchange Commission requirements for interim financial statements. Therefore, they do not
include all of the information and footnotes required by accounting principles generally accepted in the United States for
complete financial statements. The financial statements should be read in conjunction with the annual financial
statements for the year ended December 31, 2012 of Innovative Product Opportunities Inc. in our Form 10-K filed on April 15,
2013.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The interim financial
statements present the balance sheets, statements of operations and cash flows of Innovative Product Opportunities Inc. The financial
statements have been prepared in accordance with accounting principles generally accepted in the United States.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The interim financial information
is unaudited. In the opinion of management, all adjustments necessary to present fairly the financial position as of March 31,
2013 and the results of operations and cash flows presented herein have been included in the financial statements. All such adjustments
are of a normal and recurring nature. Interim results are not necessarily indicative of results of operations for the full year.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">USE OF ESTIMATES AND ASSUMPTIONS</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">Preparation of the financial statements
in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions
that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">CASH AND CASH EQUIVALENTS</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">For purposes of the statement of cash
flows, the Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">NET LOSS PER SHARE</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">Basic net income (loss) per share
includes no dilution and is computed by dividing net income (loss) available to common stockholders by the weighted average number
of common shares outstanding for the period. Diluted earnings per share is computed by dividing earnings available to common shareholders
by the weighted average number of common shares outstanding for the period increased to include the number of additional common
shares that would have been outstanding if potentially dilutive securities had been issued. There were no potentially dilutive
securities outstanding during the periods presented.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">STOCK-BASED COMPENSATION</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The Company measures stock-based compensation
at the grant date based on the fair value of the award and recognizes stock-based compensation expense over the requisite service
period.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The Company also grants awards to
non-employees and determines the fair value of such stock-based compensation awards granted as either the fair value of the consideration
received or the fair value of the equity instruments issued, whichever is more reliably measurable. If the fair value of the equity
instruments issued is used, it is measured using the stock price and other measurement assumptions as of the earlier of (1) the
date at which a commitment for performance by the counterparty to earn the equity instruments is reached, or (2) the date at which
the counterparty's performance is completed.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The Company adopted a stock option
plan on August 30, 2011, but has not granted any stock options.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">RECENT ACCOUNTING PRONOUNCEMENTS</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 9pt 0 0; text-align: justify">There have been no recent accounting
pronouncements or changes in accounting pronouncements that impacted the quarter ended March 31, 2013 or which are expected to
impact future periods, that were not already adopted and disclosed in prior periods.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">NOTE 3 – NOTES PAYABLE</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">On January 8, 2013, the company issued
a promissory note in the amount of $6,000. This note is unsecured, bears no interest and is payable on demand by the note holder.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">On February 2, 2013, the company issued
a promissory note in the amount of $6,000. This note is unsecured, bears no interest and is payable on demand by the note holder. </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">On February 22, 2013, the company
issued a promissory note in the amount of $6,000. This notes is unsecured, bears no interest and is payable on demand by the note
holder. The note holder is a 5.6% shareholder.</p>
6000
6000
6000
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">NOTE 4 - STOCKHOLDERS’ EQUITY</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">The
Company is authorized to issue an aggregate of 500,000,000 common shares with a par value of $0.0001 per share and 1,000,000 shares
of preferred stock with a par value of $0.001 per share. No preferred shares have been issued.</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif"> </font></p>
6373
6373
696
696
<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr>
<td style="vertical-align: bottom; padding-right: 0.75pt; font-size: 11pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; font-size: 11pt; line-height: 115%"> </td>
<td colspan="2" style="vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 1.8pt; text-align: center; font-size: 11pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">As Reported</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; font-size: 11pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; font-size: 11pt; line-height: 115%"> </td>
<td colspan="2" style="vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 1.8pt; text-align: center; font-size: 11pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">Restatement</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; font-size: 11pt; line-height: 115%"> </td>
<td colspan="2" style="vertical-align: top; border-bottom: windowtext 1pt solid; padding-right: 0.8pt; text-align: center; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">As Restated</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; width: 52%; padding-right: 0.75pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 14%; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 13%; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; width: 1%; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: top; width: 12%; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: top; width: 1%; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; width: 1%; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace"><u>Statement of Income </u>- For the Three Months Ended March 31, 2012</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">Revenue</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">11,855</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(11,855</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">-</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">Cost of sales</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">3,063</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(3,063</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">-</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">General and administrative expense</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">47,465</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(15,165</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">32,300</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">Net loss attributed to non-controlling interest</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">6,373</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(6,373</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: top">
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right">$</p></td>
<td style="vertical-align: top">
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right">-</p></td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">Net loss</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(32,300</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">-</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(32,300</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace"><u>Statement of Cash Flows</u> - For the Three Months Ended March 31, 2012</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">Net cash flows used in operating activities</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(40,182</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">13,825</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top">
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right">$</p></td>
<td style="vertical-align: top">
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right">(26,357</p></td>
<td style="vertical-align: top">
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0">)</p></td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; width: 52%; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">Net cash provided by investing activities</font></td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; width: 14%; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">696</font></td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; width: 13%; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(696</font></td>
<td style="vertical-align: bottom; width: 1%; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: top; width: 1%">
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right">$</p></td>
<td style="vertical-align: top; width: 12%">
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right">-</p></td>
<td style="vertical-align: top; width: 1%; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; width: 1%; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">Net cash provided by financing activities</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">42,051</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(13,952</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: top">
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right">$</p></td>
<td style="vertical-align: top">
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0 0.8pt 0 0; text-align: right">28,099</p></td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
<tr style="background-color: white">
<td style="vertical-align: bottom; padding-right: 0.75pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">Net change in cash</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">2,565</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"> </td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">(823</font></td>
<td style="vertical-align: bottom; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">)</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">$</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Courier New, Courier, Monospace">1,742</font></td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td>
<td style="vertical-align: top; padding-right: 0.8pt; line-height: 115%"> </td></tr>
</table>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">NOTE 5 – SUBSEQUENT EVENTS</p>
<p style="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">On April 30, 2013, the Company received
for no consideration 12,000,000 shares of its common stock for cancellation, the effect of the cancellation of shares was immaterial
thus no retroactive treatment was applied.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0">On May 8, 2013, the Company issued 40,000,000 shares of
common stock valued at $76,000 as stock-based compensation for business development and consulting services.</p>
<p style="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Courier New, Courier, Monospace; color: black">FAIR
VALUE OF FINANCIAL INSTRUMENTS</font><font style="font: 8pt Calibri, Helvetica, Sans-Serif"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">In accordance with the requirements
of FASB ASC 820, Fair Value Measurements and Disclosures, and FASB ASC 825, Financial Instruments, the Company has determined
the estimated fair value of financial instruments using available market information and appropriate valuation methodologies.
FASB ASC 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability (exit price)
in an orderly transaction between market participants at the measurement date. The statement establishes market or observable
inputs as the preferred sources of values, followed by assumptions based on hypothetical transactions in the absence of market
inputs. The statement requires fair value measurements be classified and disclosed in one of the following categories:</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">Level 1 - Quoted prices in active
markets for identical assets and liabilities.</p>
<p style="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 45.8pt"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">Level 2 - Quoted prices in
active markets for similar assets and liabilities, quoted prices for identical or similar instruments in markets that are not
active and model-derived valuations whose inputs are observable or whose significant value drivers are observable.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">Level 3 - Significant inputs to the
valuation model are unobservable. Financial assets and liabilities are classified based on the lowest level of input that is significant
to the fair value measurement. The fair values of financial instruments, other than Investment securities, are classified as current
assets or liabilities and approximate their carrying value due to the short-term maturity of the instruments.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0">GOING CONCERN</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The Company's
financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern.
This contemplates the realization of assets and the liquidation of liabilities in the normal course of business. Currently,
the Company does not have significant operations or a source of revenue sufficient to cover its operation costs and allow it
to continue as a going concern. The Company has an accumulated deficit during development stage at March 31, 2013 and
December 31, 2012 of $(5,946,756) and $(5,928,585), respectively. The Company will be dependent upon the raising of
additional capital through placement of its common stock in order to implement its business plan. There can be no assurance
that the Company will be successful in this situation. Accordingly, these factors raise substantial doubt as to the Company's
ability to continue as a going concern. These financial statements do not include any adjustments relating to the
recoverability and classification of recorded asset amounts or amounts and classifications of liabilities that might result
from this uncertainty. The Company is funding its initial operations by way of loans from its Chief Executive Officer. The
Company's officers and directors have committed to advancing certain operating costs of the Company.</p>
40000000
76000
12000000
22921
22921