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<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt; text-align: center"><div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt; text-align: left"><div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: bold 10pt Times New Roman; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: small-caps bold 10pt Times New Roman; display: inline">Note 1 - Nature of Operations</font></font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"> </div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><div style="display: block; text-indent: 0pt"><font style="font: bold 10pt Times New Roman; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: bold 10pt Times New Roman; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Organization</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: bold 10pt Times New Roman; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br /> </font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: bold 10pt Times New Roman; display: inline"><font style="font: normal 10pt times new roman; display: inline"></font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: bold 10pt Times New Roman; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">Liberated Energy, Inc. (the “Company”), formerly known as Mega World Food Holdings Company is a Nevada corporation formed on September 14, 2010.</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: bold 10pt Times New Roman; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: bold 10pt Times New Roman; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">On January 19, 2013, pursuant to a Common Stock Purchase Agreement, dated January 7, 2013, Perpetual Wind Power Corporation, a privately held corporation formed under the laws of the State of Delaware on July 1, 2010, acquired 24,500,000 non-registered shares of the Company from its shareholders, thereby owning 24,500,000 out of a total of 25,000,000 issued and outstanding shares of the Company. Thereafter, the Company acquired from Perpetual Wind Power Corporation its patented wind and solar powered turbine technology for 2,500,000 newly issued shares of the Company which were distributed in a dividend to its shareholders and Perpetual Wind Power Corporation returned to treasury its 24,500,000 shares it acquired from the Company's shareholders. As a result of this transaction, the Company had on January 19, 2013, 3,000,000 shares issued and outstanding. On February 14, 2013, the Company changed its name from Mega World Food Holding Company to Liberated Energy, Inc. and underwent a 24 for 1 stock split, whereby the Company's outstanding shares increased from 3,000,000 to 72,000,000.</font></font></font></div>
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: bold 10pt Times New Roman; display: inline"> </font></div>
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: bold 10pt Times New Roman; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The principal executive office is located at 2 Coleman Court, Southampton, New Jersey 08088.</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: bold 10pt Times New Roman; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: bold 10pt Times New Roman; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline"> </font></font></font></div>
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: bold 10pt Times New Roman; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Business</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: bold 10pt Times New Roman; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: bold 10pt Times New Roman; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">On January 19, 2013, the Company disposed of its wholly-owned subsidiary, Mega World Food Limited (HK).  Mega World Food Limited (HK) was incorporated on June 24, 2010 and was in the business of selling frozen vegetables in all areas of the world except China.  From inception, Mega World Food Limited (HK) only incurred setting up, formation or organization activities.  Upon disposal, the Company ceased these operations and accordingly, the Company’s financial statements have been prepared with the net assets, results of operations, and cash flows of this business displayed separately as “discontinued operations.”</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: bold 10pt Times New Roman; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: bold 10pt Times New Roman; display: inline"><font style="font: normal 10pt times new roman; display: inline"> </font></font></div>
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: bold 10pt Times New Roman; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">Effective January 19, 2013, the Company’s business is the sale of alternative energy products and services.</font></font></font></div>
</div>
</div>
</div>
<div style="text-align: center; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt">
<div style="display: block; text-indent: 0pt">
<div style="display: block; text-indent: 0pt">
</div></div></div>
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt; text-align: center"><div style="text-align: left"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: small-caps bold 10pt Times New Roman; display: inline">Note 2 - Summary of Significant Accounting Policies</font></font></font></div>
<div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"></div>
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline"> </font></font></font></div>
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Basis of Accounting</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The Company maintains its books and records on the accrual basis of accounting.  The accompanying financial statements have been prepared on that basis, in which revenues and gains are recognized when earned and expenses and losses are recognized when incurred.</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"> </font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Use of Estimates</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The presentation of financial statements in conformity with generally accepted accounting principles in the United States of America 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.</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline"> </font></font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Cash and Cash Equivalents</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"> </font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">For the purpose of the statement of cash flows, cash and cash equivalents include all cash balances, which are not subject to withdrawal restrictions or penalties, and highly liquid investments and debt instruments with a maturity of three months or less from the date of purchase.</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline"> </font></font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Fair Value of Financial Instruments</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">Our short-term financial instruments, including cash, other assets and accounts payable and accrued expenses consist primarily of instruments without extended maturities, the fair value of which, based on management’s estimates, reasonably approximate their book value. The fair value of our notes and advances payable is based on management estimates and reasonably approximates their book value based on their current maturity.</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline"> </font></font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Net Loss per Common Share</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></font></div>
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The Company computes per share amounts in accordance with Statement of Financial Accounting Standards (SFAS) ASC 260, Earnings per Share (EPS). ASC 260 requires presentation of basic and diluted EPS. Basic EPS is computed by dividing the income (loss) available to common shareholders by the weighted-average number of common shares outstanding for the period. Diluted EPS is based on the weighted-average number of shares of common stock and common stock equivalents outstanding during the periods.</font></font></font></div>
<font style="font-weight: bold; display: inline"> </font><font style="font: 10pt Times New Roman; display: inline"> </font></div>
</div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">As of March 31, 2013 and 2012, the Company only issued one type of shares, i.e., common shares only. There is no effect on the diluted loss per share for the stock warrants since the common stock equivalents are anti-dilutive.  Dilutive average shares outstanding as of December 31, 2014 and 2013 are as follows:</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: left">
<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td style="vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td colspan="6" style="vertical-align: bottom">
<div style="text-align: center; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">For the Three Months Ended</font></div>
</td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr>
<td style="vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td colspan="6" style="vertical-align: bottom">
<div style="text-align: center; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">December 31,</font></div>
</td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr>
<td style="vertical-align: bottom; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td colspan="2" style="vertical-align: bottom; border-bottom: black 2px solid; text-align: center">
<div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">2014</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td colspan="2" style="vertical-align: bottom; border-bottom: black 2px solid; text-align: center">
<div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">2013</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr>
<td style="text-align: left; vertical-align: bottom">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">Weighted Average Shares Outstanding</font></div>
</td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td colspan="2" style="vertical-align: bottom"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td colspan="2" style="vertical-align: bottom"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr>
<td style="text-align: left; vertical-align: bottom; width: 76%">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">   Common Stock</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: right; vertical-align: bottom; width: 9%">
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">96,355,753</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: right; vertical-align: bottom; width: 9%">
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">72,000,000</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr style="background-color: #cceeff">
<td style="text-align: left; vertical-align: bottom; width: 76%; padding-bottom: 2px">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">   Convertible Note Payable</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="vertical-align: bottom; width: 1%; border-bottom: black 2px solid; text-align: left"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="vertical-align: bottom; width: 9%; border-bottom: black 2px solid; text-align: right">
<div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">22,280,109</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="vertical-align: bottom; width: 1%; border-bottom: black 2px solid; text-align: left"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="vertical-align: bottom; width: 9%; border-bottom: black 2px solid; text-align: right">
<div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">2,564,102</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr style="background-color: white">
<td style="text-align: left; vertical-align: bottom; width: 76%; padding-bottom: 4px">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">   Dilutive Average Shares Outstanding</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: black 4px double"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: right; vertical-align: bottom; width: 9%; border-bottom: black 4px double">
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">118,635,,862</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: black 4px double"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: right; vertical-align: bottom; width: 9%; border-bottom: black 4px double">
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">74,564,102</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr></table>
</div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline"> </font></font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Property and Equipment</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br /> </font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"></font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">Property and equipment are carried at cost. Depreciation of property and equipment for financial reporting purposes is provided using the straight-line method over their respective estimated useful lives of the assets.  As of December 31, 2014 and 2013, there was no property and equipment on the Company’s balance sheets.</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline"> </font></font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Patent Costs</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">Costs incurred in filing, prosecuting and maintaining patents (principally legal fees) are expensed as incurred and recorded within general and administrative expenses on the statement of operations.  Such costs aggregated approximately $-0- and $-0- for the quarter ended December 31, 2014 and 2013.</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline"> </font></font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Stock-Based Compensation</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></font></div>
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The Company accounts for its stock based awards in accordance with Accounting Standards Codification subtopic 718-10, Compensation (“ASC 718-10”), which requires a fair value measurement and recognition of compensation expense for all share-based payment awards made to our employees and directors, including restricted stock awards. We estimate the fair value of stock using the stock price on date of the approval of the award. The fair value is then expensed over the requisite service periods of the awards, which is generally the date at which the counterparty’s performance is complete and the related amount recognized in our statements of operations.</font></font></font></div>
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"> </font></div>
<div style="display: block; text-indent: 0pt"></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Revenue and Cost Recognition</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"> </font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt">
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The Company has generated no revenues to date. It is the Company’s policy that revenue from product sales or services will be recognized in accordance with ASC 605 “Revenue Recognition”. Four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management’s judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company will defer any revenue for which the product was not delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required.</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Income Taxes</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The Company utilizes ASC 740 “Income Taxes” which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred income taxes are recognized for the tax consequences in future years of differences between the tax bases of assets and liabilities and their financial reporting amounts at each year-end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. Temporary differences between taxable income reported for financial reporting purposes and income tax purposes primarily relate to the recognition of debt costs and stock based compensation expense. The adoption of ASC 740-10 did not have a material impact on the Company's results of operations or financial condition.</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Research and Development</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">In accordance with ASC 730, “Research and Development”, the Company expenses all research and development costs as incurred.  The Company had incurred $0 research and development costs for the quarter ended December 31, 2014 and $3,523 from January 19, 2013 (date of inception of the development stage) through December 31, 2014. The Company expects the research and development costs to increase in the future as it continues to invest in the infrastructure that is critical to achieve its business goals and objectives.</font><br />
</font><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt times new roman; display: inline"> </font><font style="font: 10pt Times New Roman; display: inline"> </font></font></div>
</div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt">
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Reclassifications</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">Certain accounts in the prior-year financial statements have been reclassified for comparative purposes to conform to the presentation in the current-year financial statements.</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Recently Issued Accounting Pronouncements</font></font></div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">In July 2012 the FASB issued ASU 2012-02: Intangibles: Goodwill and Other: Testing Indefinite-Lived Intangible Assets for Impairment (Topic 350) which is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. This update is intended to reduce cost and complexity by providing an entity with the option to make a qualitative assessment about the likelihood that an indefinite-lived intangible asset is impaired to determine whether it should perform a quantitative impairment test. The Company does not expect the adoption of this guidance to have a significant impact on its financial statements.</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Subsequent Events</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The Company has evaluated subsequent events through February 24, 2014, the date the financial statements were available to be issued.</font></font></div></div>
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt; text-align: center"><div><div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Basis of Accounting</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The Company maintains its books and records on the accrual basis of accounting.  The accompanying financial statements have been prepared on that basis, in which revenues and gains are recognized when earned and expenses and losses are recognized when incurred.</font></font></font></div></div></div>
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt; text-align: center"><div><div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Use of Estimates</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The presentation of financial statements in conformity with generally accepted accounting principles in the United States of America 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.</font></font></font></div></div></div>
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt; text-align: center"><div><div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Cash and Cash Equivalents</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"> </font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">For the purpose of the statement of cash flows, cash and cash equivalents include all cash balances, which are not subject to withdrawal restrictions or penalties, and highly liquid investments and debt instruments with a maturity of three months or less from the date of purchase.</font></font></font></div></div></div>
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt; text-align: center"><div><div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Fair Value of Financial Instruments</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">Our short-term financial instruments, including cash, other assets and accounts payable and accrued expenses consist primarily of instruments without extended maturities, the fair value of which, based on management’s estimates, reasonably approximate their book value. The fair value of our notes and advances payable is based on management estimates and reasonably approximates their book value based on their current maturity.</font></font></font></div></div></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Stock-Based Compensation</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></font></div>
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The Company accounts for its stock based awards in accordance with Accounting Standards Codification subtopic 718-10, Compensation (“ASC 718-10”), which requires a fair value measurement and recognition of compensation expense for all share-based payment awards made to our employees and directors, including restricted stock awards. We estimate the fair value of stock using the stock price on date of the approval of the award. The fair value is then expensed over the requisite service periods of the awards, which is generally the date at which the counterparty’s performance is complete and the related amount recognized in our statements of operations.</font></font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Revenue and Cost Recognition</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"> </font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt">
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The Company has generated no revenues to date. It is the Company’s policy that revenue from product sales or services will be recognized in accordance with ASC 605 “Revenue Recognition”. Four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management’s judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company will defer any revenue for which the product was not delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required.</font></font></div></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Income Taxes</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The Company utilizes ASC 740 “Income Taxes” which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred income taxes are recognized for the tax consequences in future years of differences between the tax bases of assets and liabilities and their financial reporting amounts at each year-end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. Temporary differences between taxable income reported for financial reporting purposes and income tax purposes primarily relate to the recognition of debt costs and stock based compensation expense. The adoption of ASC 740-10 did not have a material impact on the Company's results of operations or financial condition.</font></font></div></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Recently Issued Accounting Pronouncements</font></font></div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">In July 2012 the FASB issued ASU 2012-02: Intangibles: Goodwill and Other: Testing Indefinite-Lived Intangible Assets for Impairment (Topic 350) which is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. This update is intended to reduce cost and complexity by providing an entity with the option to make a qualitative assessment about the likelihood that an indefinite-lived intangible asset is impaired to determine whether it should perform a quantitative impairment test. The Company does not expect the adoption of this guidance to have a significant impact on its financial statements.</font></font></div></div>
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt; text-align: center"><div><div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Net Loss per Common Share</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></font></div>
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The Company computes per share amounts in accordance with Statement of Financial Accounting Standards (SFAS) ASC 260, Earnings per Share (EPS). ASC 260 requires presentation of basic and diluted EPS. Basic EPS is computed by dividing the income (loss) available to common shareholders by the weighted-average number of common shares outstanding for the period. Diluted EPS is based on the weighted-average number of shares of common stock and common stock equivalents outstanding during the periods.</font></font></font></div>
<font style="font-weight: bold; display: inline"> </font><font style="font: 10pt Times New Roman; display: inline"> </font></div>
</div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">As of March 31, 2013 and 2012, the Company only issued one type of shares, i.e., common shares only. There is no effect on the diluted loss per share for the stock warrants since the common stock equivalents are anti-dilutive.  Dilutive average shares outstanding as of December 31, 2014 and 2013 are as follows:</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: left">
<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td style="vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td colspan="6" style="vertical-align: bottom">
<div style="text-align: center; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">For the Three Months Ended</font></div>
</td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr>
<td style="vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td colspan="6" style="vertical-align: bottom">
<div style="text-align: center; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">December 31,</font></div>
</td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr>
<td style="vertical-align: bottom; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td colspan="2" style="vertical-align: bottom; border-bottom: black 2px solid; text-align: center">
<div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">2014</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td colspan="2" style="vertical-align: bottom; border-bottom: black 2px solid; text-align: center">
<div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">2013</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr>
<td style="text-align: left; vertical-align: bottom">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">Weighted Average Shares Outstanding</font></div>
</td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td colspan="2" style="vertical-align: bottom"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td colspan="2" style="vertical-align: bottom"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr>
<td style="text-align: left; vertical-align: bottom; width: 76%">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">   Common Stock</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: right; vertical-align: bottom; width: 9%">
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">96,355,753</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: right; vertical-align: bottom; width: 9%">
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">72,000,000</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr style="background-color: #cceeff">
<td style="text-align: left; vertical-align: bottom; width: 76%; padding-bottom: 2px">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">   Convertible Note Payable</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="vertical-align: bottom; width: 1%; border-bottom: black 2px solid; text-align: left"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="vertical-align: bottom; width: 9%; border-bottom: black 2px solid; text-align: right">
<div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">22,280,109</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="vertical-align: bottom; width: 1%; border-bottom: black 2px solid; text-align: left"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="vertical-align: bottom; width: 9%; border-bottom: black 2px solid; text-align: right">
<div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">2,564,102</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr style="background-color: white">
<td style="text-align: left; vertical-align: bottom; width: 76%; padding-bottom: 4px">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">   Dilutive Average Shares Outstanding</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: black 4px double"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: right; vertical-align: bottom; width: 9%; border-bottom: black 4px double">
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">118,635,,862</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: black 4px double"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: right; vertical-align: bottom; width: 9%; border-bottom: black 4px double">
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">74,564,102</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr></table>
</div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline"> </font></font></font></div>
<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td style="vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td colspan="6" style="vertical-align: bottom">
<div style="text-align: center; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">For the Three Months Ended</font></div>
</td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr>
<td style="vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td colspan="6" style="vertical-align: bottom">
<div style="text-align: center; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">December 31,</font></div>
</td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr>
<td style="vertical-align: bottom; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td colspan="2" style="vertical-align: bottom; border-bottom: black 2px solid; text-align: center">
<div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">2014</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td colspan="2" style="vertical-align: bottom; border-bottom: black 2px solid; text-align: center">
<div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">2013</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr>
<td style="text-align: left; vertical-align: bottom">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">Weighted Average Shares Outstanding</font></div>
</td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td colspan="2" style="vertical-align: bottom"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td colspan="2" style="vertical-align: bottom"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="text-align: left; vertical-align: bottom"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr>
<td style="text-align: left; vertical-align: bottom; width: 76%">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">   Common Stock</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: right; vertical-align: bottom; width: 9%">
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">96,355,753</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: right; vertical-align: bottom; width: 9%">
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">72,000,000</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr style="background-color: #cceeff">
<td style="text-align: left; vertical-align: bottom; width: 76%; padding-bottom: 2px">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">   Convertible Note Payable</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="vertical-align: bottom; width: 1%; border-bottom: black 2px solid; text-align: left"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="vertical-align: bottom; width: 9%; border-bottom: black 2px solid; text-align: right">
<div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">22,280,109</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="vertical-align: bottom; width: 1%; border-bottom: black 2px solid; text-align: left"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="vertical-align: bottom; width: 9%; border-bottom: black 2px solid; text-align: right">
<div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">2,564,102</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr style="background-color: white">
<td style="text-align: left; vertical-align: bottom; width: 76%; padding-bottom: 4px">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">   Dilutive Average Shares Outstanding</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: black 4px double"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: right; vertical-align: bottom; width: 9%; border-bottom: black 4px double">
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">118,635,,862</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: black 4px double"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: right; vertical-align: bottom; width: 9%; border-bottom: black 4px double">
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">74,564,102</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr></table>
96355753
72000000
22280109
2564102
118635862
74564102
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Property and Equipment</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br /> </font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"></font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">Property and equipment are carried at cost. Depreciation of property and equipment for financial reporting purposes is provided using the straight-line method over their respective estimated useful lives of the assets.  As of December 31, 2014 and 2013, there was no property and equipment on the Company’s balance sheets.</font></font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Patent Costs</font></font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><br />
</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font-weight: bold; display: inline"><font style="font: normal 10pt times new roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">Costs incurred in filing, prosecuting and maintaining patents (principally legal fees) are expensed as incurred and recorded within general and administrative expenses on the statement of operations.  Such costs aggregated approximately $-0- and $-0- for the quarter ended December 31, 2014 and 2013.</font></font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Research and Development</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">In accordance with ASC 730, “Research and Development”, the Company expenses all research and development costs as incurred.  The Company had incurred $0 research and development costs for the quarter ended December 31, 2014 and $3,523 from January 19, 2013 (date of inception of the development stage) through December 31, 2014. The Company expects the research and development costs to increase in the future as it continues to invest in the infrastructure that is critical to achieve its business goals and objectives.</font></font></div></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Reclassifications</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">Certain accounts in the prior-year financial statements have been reclassified for comparative purposes to conform to the presentation in the current-year financial statements.</font></font></div></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Subsequent Events</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The Company has evaluated subsequent events through February 24, 2014, the date the financial statements were available to be issued.</font></font></div></div>
<div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt; text-align: justify"><div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt; text-align: justify"><font style="font: 10pt Times New Roman; display: inline"><font style="font: small-caps bold 10pt Times New Roman; display: inline">Note 3 – Going Concern Matters</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The Company is currently in the development stage and their activities consist solely of corporate formation, raising capital, and attempting to sell products to generate revenues.</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"> </font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">There is no guarantee that the Company will be able to raise enough capital or generate revenues to sustain its operations and carry out its business plan. These conditions raise substantial doubt about the Company’s ability to continue as a going concern.</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The financial statements do not include any adjustments relating to the carrying amounts of recorded assets or the carrying amounts and classification of recorded liabilities that may be required should the Company be unable to continue as a going concern.</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The Company’s lack of operating history and financial resources raise substantial doubt about its ability to continue as a going concern. The financial statements do not include adjustments that might result from the outcome of this uncertainty and if the Company is unable to generate significant revenue or secure financing, then the Company may be required to cease or curtail its operations.</font></font></div></div>
<div><div><div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt; text-align: center"><div style="text-align: left"><font style="font: 10pt Times New Roman; display: inline"><font style="font: small-caps bold 10pt Times New Roman; display: inline">Note 4 – Commitments and Contingencies</font></font></div>
<div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"> </div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Legal Services Agreements</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"> </div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The Company has a legal services agreement with attorney to provide legal services. The Agreement is for a term of 12 months from inception and renewable automatically from year to year unless either the Company or attorney terminates such engagement by written notice.</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Consulting Agreements</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The Company has consulting agreements with outside contractors to provide marketing and financial advisory services. The Agreements are generally for a term of 12 months from inception and renewable automatically from year to year unless either the Company or Consultant terminates such engagement by written notice</font></font></div></div></div></div></div></div>
-267118
-500789
<div><div><div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt; text-align: center"><div><div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt; text-align: justify"><div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: small-caps bold 10pt Times New Roman; display: inline">Note 5 – stockholders’ Equity</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Preferred Stock</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">Under the Company’s Articles of Incorporation of the Company, the Company is authorized to issue 10,000,000 shares of preferred stock with a par value of $0.001.</font></font></div>
</div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt">
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font-weight: bold; display: inline"><font style="font: 10pt times new roman; display: inline"> </font><font style="font: 10pt Times New Roman; display: inline"> </font></font></font></div>
</div>
<div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt">
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Common Stock</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">Under the Company’s Articles of Incorporation of the Company, the Company is authorized to issue 250,000,000 shares of common stock with a par value of $0.001.</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"> </div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">Liberated Energy, Inc. formerly known as Mega World Food Holding Company (the Company) is a Nevada corporation formed on September 14, 2010. On January 19, 2013, Perpetual Wind Power Corporation acquired 24,500,000 non-registered shares of the Company from its shareholders, thereby owning 24,500,000 out of a total of 25,000,000 issued and outstanding shares of the Company. Thereafter, Company the acquired from Perpetual Wind Power Corporation its patented wind and solar powered turbine technology for 2,500,000 newly issued shares of the Company which were distributed in a dividend to its shareholders and Perpetual Wind returned to treasury its 24,500,000 shares it acquired from the Company's shareholders. As a result of this transaction, the Company had on January 19, 2013 3,000,000 shares issued and outstanding.</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"> </div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">On February 14, 2013, the Company changed its name from Mega World Food Holding Company to Liberated Energy, Inc. and underwent a 24 for 1 stock split, whereby the Company's outstanding shares increased from 3,000,000 to 72,000,000. The stock split resulted in a reclassification of additional paid in capital to common stock in the amount of $69,000.</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: italic small-caps bold 10pt Times New Roman; display: inline">Treasury Stock</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"> </font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">As of December 31, 2014, there are 25,641,941 of common stock included in treasury.</font></font></div></div></div></div></div></div></div>
<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td style="text-align: left; vertical-align: bottom; width: 87%; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="vertical-align: bottom; width: 1%; padding-bottom: 2px; text-align: center"><font style="font: bold 10pt times new roman; display: inline"> </font></td>
<td colspan="2" style="vertical-align: bottom; width: 10%; border-bottom: black 2px solid; text-align: center">
<div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: bold 10pt times new roman; display: inline">2014</font></div>
</td>
<td nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; text-align: left"><font style="font: bold 10pt times new roman; display: inline"> </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr>
<td style="text-align: left; vertical-align: bottom; width: 87%">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">Computed expected tax benefit</font></div>
</td>
<td style="text-align: right; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="vertical-align: bottom; width: 1%; text-align: left"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="vertical-align: bottom; width: 9%; text-align: right"><font style="font: 10pt times new roman; display: inline">(15.00 </font></td>
<td nowrap="nowrap" style="vertical-align: bottom; width: 1%; text-align: left"><font style="font: 10pt times new roman; display: inline">)</font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline"> %</font></td>
</tr><tr style="background-color: #cceeff">
<td style="text-align: left; vertical-align: bottom; width: 87%">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">State income tax, net of federal benefit</font></div>
</td>
<td style="text-align: right; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="vertical-align: bottom; width: 1%; text-align: left"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="vertical-align: bottom; width: 9%; text-align: right"><font style="font: 10pt times new roman; display: inline">(7.30 </font></td>
<td nowrap="nowrap" style="vertical-align: bottom; width: 1%; text-align: left"><font style="font: 10pt times new roman; display: inline">)</font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline"> </font></td>
</tr><tr style="background-color: white">
<td style="text-align: left; vertical-align: bottom; width: 87%; padding-bottom: 2px">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">Valuation allowance</font></div>
</td>
<td style="vertical-align: bottom; width: 1%; padding-bottom: 2px; text-align: right"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="vertical-align: bottom; width: 1%; border-bottom: black 2px solid; text-align: left"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="vertical-align: bottom; width: 9%; border-bottom: black 2px solid; text-align: right"><font style="font: 10pt times new roman; display: inline">22.30</font></td>
<td nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; text-align: left"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr style="background-color: #cceeff">
<td style="text-align: left; vertical-align: bottom; width: 87%; padding-bottom: 4px">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">Income tax benefit</font></div>
</td>
<td style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 4px"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="vertical-align: bottom; width: 1%; border-bottom: black 4px double; text-align: left"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="vertical-align: bottom; width: 9%; border-bottom: black 4px double; text-align: right"><font style="font: 10pt times new roman; display: inline">-</font></td>
<td nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; text-align: left"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px"><font style="font: 10pt times new roman; display: inline"> %</font></td>
</tr></table>
<div><div><div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt; text-align: center"><div><div><div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt; text-align: justify"><div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt; text-align: left"><font style="font: 10pt Times New Roman; display: inline"><font style="font: small-caps bold 10pt Times New Roman; display: inline">Note 9 - Income Taxes</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The Company has incurred net losses since inception. The Company has not reflected any benefit of such net operating loss carry forward in the accompanying financial statements. The net operating loss can be carried forward for 15 years.</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br /> </font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The income tax benefit differed from the amount computed by applying the estimated US federal income tax rate of 15% to net loss as a result of the following:</font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"> </font></div>
<div style="text-align: left">
<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td style="text-align: left; vertical-align: bottom; width: 87%; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="vertical-align: bottom; width: 1%; padding-bottom: 2px; text-align: center"><font style="font: bold 10pt times new roman; display: inline"> </font></td>
<td colspan="2" style="vertical-align: bottom; width: 10%; border-bottom: black 2px solid; text-align: center">
<div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: bold 10pt times new roman; display: inline">2014</font></div>
</td>
<td nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; text-align: left"><font style="font: bold 10pt times new roman; display: inline"> </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr>
<td style="text-align: left; vertical-align: bottom; width: 87%">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">Computed expected tax benefit</font></div>
</td>
<td style="text-align: right; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="vertical-align: bottom; width: 1%; text-align: left"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="vertical-align: bottom; width: 9%; text-align: right"><font style="font: 10pt times new roman; display: inline">(15.00 </font></td>
<td nowrap="nowrap" style="vertical-align: bottom; width: 1%; text-align: left"><font style="font: 10pt times new roman; display: inline">)</font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline"> %</font></td>
</tr><tr style="background-color: #cceeff">
<td style="text-align: left; vertical-align: bottom; width: 87%">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">State income tax, net of federal benefit</font></div>
</td>
<td style="text-align: right; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="vertical-align: bottom; width: 1%; text-align: left"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="vertical-align: bottom; width: 9%; text-align: right"><font style="font: 10pt times new roman; display: inline">(7.30 </font></td>
<td nowrap="nowrap" style="vertical-align: bottom; width: 1%; text-align: left"><font style="font: 10pt times new roman; display: inline">)</font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline"> </font></td>
</tr><tr style="background-color: white">
<td style="text-align: left; vertical-align: bottom; width: 87%; padding-bottom: 2px">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">Valuation allowance</font></div>
</td>
<td style="vertical-align: bottom; width: 1%; padding-bottom: 2px; text-align: right"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="vertical-align: bottom; width: 1%; border-bottom: black 2px solid; text-align: left"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="vertical-align: bottom; width: 9%; border-bottom: black 2px solid; text-align: right"><font style="font: 10pt times new roman; display: inline">22.30</font></td>
<td nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; text-align: left"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr style="background-color: #cceeff">
<td style="text-align: left; vertical-align: bottom; width: 87%; padding-bottom: 4px">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">Income tax benefit</font></div>
</td>
<td style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 4px"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="vertical-align: bottom; width: 1%; border-bottom: black 4px double; text-align: left"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="vertical-align: bottom; width: 9%; border-bottom: black 4px double; text-align: right"><font style="font: 10pt times new roman; display: inline">-</font></td>
<td nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; text-align: left"><font style="font: 10pt times new roman; display: inline"> </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px"><font style="font: 10pt times new roman; display: inline"> %</font></td>
</tr></table>
</div>
<font style="font: 10pt Times New Roman; display: inline"><font style="font-weight: bold; display: inline"><font style="font: 10pt times new roman; display: inline"> </font><font style="font: 10pt Times New Roman; display: inline"> </font></font></font></div>
</div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt">
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The tax effect of temporary differences that give rise to significant portions of the deferred tax assets as ofDecember 31, 2014 is presented below:</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: bold 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: bold 10pt Times New Roman; display: inline">Deferred Tax Assets:</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div>
<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td style="text-align: left; vertical-align: bottom; width: 68%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td colspan="2" style="vertical-align: bottom; width: 8%; border-bottom: black 2px solid; text-align: center">
<div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: bold 10pt times new roman; display: inline">2013</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr>
<td style="text-align: left; vertical-align: bottom; width: 68%">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">Valuation allowance</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">$</font></div>
</td>
<td style="text-align: right; vertical-align: bottom; width: 7%">
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">-</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr style="background-color: #cceeff">
<td style="text-align: left; vertical-align: bottom; width: 68%">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">Registration Fee for start-up costs</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="vertical-align: bottom; width: 1%; border-bottom: black 2px solid; text-align: left"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="vertical-align: bottom; width: 7%; border-bottom: black 2px solid; text-align: right">
<div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">-</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr style="background-color: white">
<td style="text-align: left; vertical-align: bottom; width: 68%">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">Net deferred tax assets</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: black 4px double">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">$</font></div>
</td>
<td style="text-align: right; vertical-align: bottom; width: 7%; border-bottom: black 4px double">
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">-</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr></table>
</div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"> </div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during periods in which those temporary differences become deductible.</font></font></div></div></div></div></div></div>
<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td style="text-align: left; vertical-align: bottom; width: 68%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td colspan="2" style="vertical-align: bottom; width: 8%; border-bottom: black 2px solid; text-align: center">
<div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: bold 10pt times new roman; display: inline">2013</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr>
<td style="text-align: left; vertical-align: bottom; width: 68%">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">Valuation allowance</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">$</font></div>
</td>
<td style="text-align: right; vertical-align: bottom; width: 7%">
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">-</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr style="background-color: #cceeff">
<td style="text-align: left; vertical-align: bottom; width: 68%">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">Registration Fee for start-up costs</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="vertical-align: bottom; width: 1%; border-bottom: black 2px solid; text-align: left"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="vertical-align: bottom; width: 7%; border-bottom: black 2px solid; text-align: right">
<div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">-</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr><tr style="background-color: white">
<td style="text-align: left; vertical-align: bottom; width: 68%">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">Net deferred tax assets</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
<td style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: black 4px double">
<div style="text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">$</font></div>
</td>
<td style="text-align: right; vertical-align: bottom; width: 7%; border-bottom: black 4px double">
<div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt times new roman; display: inline">-</font></div>
</td>
<td style="text-align: left; vertical-align: bottom; width: 1%"><font style="font: 10pt times new roman; display: inline">  </font></td>
</tr></table>
P15Y
<div><div><div style="text-align: right; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt; text-align: center"><div><div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt; text-align: justify"><div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt; text-align: justify"><font style="font: 10pt Times New Roman; display: inline"><font style="font: small-caps bold 10pt Times New Roman; display: inline">Note 10 – Patent acquisition</font></font></div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">Pursuant to Patent Acquisition Agreement signed on January 19, 2013 between the Company and Perpetual Wind Power Corporation (the “Seller”), a privately held company organized in the State of Delaware, Seller agrees to sell to the Company and the Company agrees to purchase from the Seller the perpetual wind patent for an aggregate purchase price of 2,500,000 newly issued common stock of the Company with par value of $0.001 to be issued to the Seller’s shareholders.  Seller also agrees as additional consideration at the closing date to return the Company’s treasury the 24,500,000 shares of common stock with the par value of $0.001.</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><br />
</font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline"> </font></font></div>
<div style="text-align: justify; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"><font style="font: 10pt Times New Roman; display: inline">The Company used the par value method to record the patent acquisition transaction.  The management estimated that the patent acquisition transaction is in good faith and with mutually agreed price which represents the fair value of the patent.  Due to there were no active stock trading activities, the trading price for the Company may not represent the fair value of the patent.  Accordingly, the Company recorded the total patent of $2500, and returned treasury stocks of $24,500.  Due to the limited stock market activities and limited access of a pending patent application, there might be uncertainty about the patent valuation.  The financial statements do not include adjustments that might result from the outcome of this uncertainty.</font></font></div>
<div style="display: block; text-indent: 0pt"><font style="font: 10pt Times New Roman; display: inline"> </font></div></div></div></div></div></div>