UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

( Mark One)

x o QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended ~~September 30~~March 31, ~~2009~~2010

¨ o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission File number: 333-148664

ECOLOGIX RESOURCE GROUP INC.

(Exact name of small business issuer as specified in its charter)

Delaware

(State or other jurisdiction of Incorporation or organization)

98-0533882

(IRS Employee Identification No.)

9903 Santa Monica Blvd.

Suite 918

Beverly Hills, CA. 90212

Phone number: 888-~~LOGIXRG~~564-4974

(Address of principal executive offices)

(Former name, former address and former fiscal year, if changed since last report)

20 a Sharei Torah Sreet

Jerusalem Israel

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ¨ No ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ¨ No ¨

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

Large accelerated filer	¨	Accelerated Filer	¨
Non-accelerated filer	¨	Smaller reporting company	x
(Do not check if a smaller reporting company)

APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date:

Class		Shares outstanding			Date
Common, $.0001 par value			50512,~~100~~000,000		~~November~~May 1221, ~~2009~~2010

ECOLOGIX RESOURCE GROUP INC.

Form 10-Q

Index

		Page
Part I – FINANCIAL INFORMATION

Item 1. Financial Statements (Unaudited)		F-1

Condensed Balance Sheet		F-2

Condensed Statements of Operations		F-3

Condensed Statements of Cash Flows		F-5

Notes on Condensed Financial Information		F-6

Item 2 Management’s Discussion and Analysis or Plan of Operation		3

Item 3 Control and Procedures		7

Part II. OTHER INFORMATION

Item 1. Legal Proceedings		7

Item 2. Changes in Securities		7

Item 3. Defaults Upon Senior Securities		7

Item 4. Submission Of Matters To A Vote of Security Holders		7

Item 5. Other Information		7

Item 6. Exhibits and Reports on Form 8 -K		8

Signatures		9

Certifications

Part I: Financial Information

Item 1. Financial Statements

ECOLOGIX RESOURCE GROUP, INC.

(A DEVELOPMENT STAGE COMPANY)

INDEX TO FINANCIAL STATEMENTS

~~SEPTEMBER~~MARCH 3031, ~~2009~~2010

Financial Statements-
Balance Sheets as of September 30, 2009 and December 31, 2008	F-2
Consolidated Balance Sheets as of March 31, 2010 and December 31, 2009	F-2
Statements of Operations for the Three Months and Nine Months Ended September 30, 2009 and 2008, and Cumulative from Inception	F-3
Consolidated Statements of Operations and Comprehensive Income for the Three Months Ended March 31, 2010 and 2009	F-3
Statement of Changes in Stockholders’ Equity for the Period from Inception Through September 30, 2009	F-4
Consolidated Statement of Changes in Stockholders’ Deficit for the Period January 1, 2009 Through March 31, 2010	F-4
Statements of Cash Flows for the Nine Months Ended September 30, 2009 and 2008, and Cumulative from Inception	F-5
Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2010 and 2009	F-5
Notes to Financial Statements	F-6
Notes to Consolidated Financial Statements	F-6

F-1

ECOLOGIX RESOURCE GROUP, INC.

(ACONSOLIDATED ~~DEVELOPMENT~~BALANCE ~~STAGE COMPANY)~~SHEETS

~~BALANCE~~AS ~~SHEETS~~OF MARCH 31, 2010 AND DECEMBER 31, 2009

AS OF SEPTEMBER 30, 2009 AND DECEMBER 31, 2008

	As of			As of
	March 31,			December 31,
ASSETS	2010			2009
Current Assets:	(Unaudited)			(Audited)
Cash in bank		91,437		$	9,974

Total current assets		91,437			9,974

Other Assets:
Property, plant and equipment, net of depreciation		214,402			169,592
Timber rights, net		2,000,000			2,000,000
Due to/from Subsidiary		-			-

Total other assets		2,214,402			2,169,592

Total Assets	$	2,305,839		$	2,179,566

LIABILITIES AND STOCKHOLDERS' DEFICIT

Current Liabilities:
Accounts payable	$	-		$	105,532
Accrued liabilities		219,375			239,541
Convertible Debt		547,700			312,729
Derivative Liability		10,131,710			4,049,512
Loans from related parties - Directors and stockholders		546,517			306,457

Total liabilities		11,445,302			5,013,771

Commitments and Contingencies

Stockholders' (Deficit)
Preferred stock, par value $.0001 per share, 2,000,000,000 shares authorized; 10,000 and 10,000 shares issued and outstanding, respectively		100			100
Common stock, par value $.0001 per share, 2,000,000,000 shares authorized; 512,000,000 and 501,000,000 shares issued and outstanding, respectively		51,200			50,100
Additional paid-in capital		950,769			851,869
Discount on common stock		(2,700	)		(2,700	)
Accumulated other comprehensive (loss) income		31,045			(17,460	)
Net Loss		(10,169,877	)		(3,716,114	)
(Total stockholders' (deficit)		(9,139,463	)		(2,834,205	)

Total Liabilities and Stockholders' (Deficit)	$	2,305,839		$	2,179,566

	As of			As of
	September 30,			December 31,
	2009			2008
	(Unaudited)			(Audited)
ASSETS
Current Assets:
Cash	$	2,413		$	1,381
Prepaid expenses		187,602			-
Total current assets		190,015			1,381
Other Assets:
Patent, net of amortization of $1,140 and $456, respectively		14,360			15,044
Total other assets		14,360			15,044
Total Assets	$	204,375		$	16,425
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Accounts payable and accrued liabilities	$	197,946		$	8,548
Note payable		833,000			-
Loans payable		34,760			-
Loans from related parties - Directors and stockholders		25,943			40,463
Total current liabilities		1,091,649			49,011
Total liabilities		1,091,649			49,011
Commitments and Contingencies
Stockholders' (Deficit)
Preferred stock, par value $.0001 per share, 50,000,000 shares authorized; no shares issued and outstanding		-			-
Common stock, par value $.0001 per share, 200,000,000 shares authorized; 50,100,000 and 50,000,000 shares issued and outstanding, respectively		5,010			5,000
Additional paid-in capital		134,956			50,966
Discount on common stock		(2,700	)		(2,700	)
(Deficit) accumulated during the development stage		(1,024,540	)		(85,852	)
Total stockholders' (deficit)		(887,274	)		(32,586	)
Total Liabilities and Stockholders' (Deficit)	$	204,375		$	16,425

The accompanying notes to financial statements

are an integral part of these financial statements.

F-2

ECOLOGIX RESOURCE GROUP, INC.

(ACONSOLIDATED ~~DEVELOPMENT~~STATEMENTS ~~STAGE~~OF ~~COMPANY)~~OPERATIONS AND COMPEHENSIVE LOSS

~~STATEMENTS~~FOR OFTHE ~~OPERATIONS~~THREE MONTHS ENDED MARCH 31, 2010 AND 2009

FOR THE THREE MONTHS AND NINE MONTHS ENDED SEPTEMBER 30, 2009 AND 2008, AND CUMULATIVE FROM INCEPTION (NOVEMBER 7, 2007)

THROUGH SEPTEMBER 30, 2009

(Unaudited)

	Three Months Ended						~~Nine Months Ended~~						~~Cumulative~~
	September 30,						September 30,						From
	March 31,
	2009			2008			2009			2008			Inception
	2010			2009
	(Unaudited)			(Unaudited)			~~(Unaudited)~~			~~(Unaudited)~~			~~(Unaudited)~~
Revenues	$	-203,437		$	-		$	-		$	-		$	-
Expenses:
General and administrative-		281,156
Professional fees		307,~~328~~500			178,~~946~~238			~~63,293~~			~~43,004~~			~~118,480~~
Legal - incorporation		-			-			-			-			2,200
Consulting		7,500			-
Consulting - related parties		43,500			-			87,000			-			105,500
Amortization		-			228
Consulting		328,000			-			443,000			18,500			451,000
Other		-			50
Investor relations		143,180			-			143,180			-			143,180
Total general and administrative expenses		296,156			8,516
Director fees		75,000			-			75,000			-			75,000
(Loss) from Operations		(92,719	)		(8,516	)
Amortization		228			228			684			228			1,140
Other Income (Expense)
Travel		23,634			-			70,580			-			70,580
Interest expense		(278,846	)		-
Other		10,381			387			16,451			1,190			17,960
Gain or loss on Derivative Liability		(6,082,198	)		-
Total general and administrative expenses		654,251			18,561			899,188			62,922			985,040
Provision for income taxes		-			-
(Loss) from Operations		(654,251	)		(18,561	)		(899,188	)		(62,922	)		(985,040	)
Net (Loss)	$	(6,453,763	)	$	(8,516	)
Other Income (Expense)
Foreign currency exchange		48,505			--
Interest expense		(31,000	)		-			(39,500	)		-			(39,500	)
Net comprehensive loss	$	(6,405,258)		$	(8,516	)
Provision for income taxes		-			-			-			-			-
(Loss) Per Common Share:
Net (Loss)	$	(685,251	)	$	(18,561	)	$	(938,688	)	$	(62,922	)	$	(1,024,540	)
(Loss) per common share - Basic and Diluted	$	(0.01	)	$	(0.00	)
(Loss) Per Common Share:
Weighted Average Number of Common Shares Outstanding - Basic and Diluted		508,333,332			500,000,000
(Loss) per common share - Basic and Diluted	$	(0.01	)	$	(0.00	)	$	(0.02	)	$	(0.00	)
Weighted Average Number of Common Shares Outstanding - Basic and Diluted		50,067,391			50,000,000			50,022,711			38,686,130

The accompanying notes to financial statements are

an integral part of these statements.

F-3

ECOLOGIX RESOURCE GROUP, INC.

(ACONSOLIDATED ~~DEVELOPMENT~~STATEMENT ~~STAGE~~OF ~~COMPANY)~~CHANGES IN STOCKHOLDERS' DEFICIT

~~STATEMENT~~FOR OFTHE ~~CHANGES~~PERIOD INFROM ~~STOCKHOLDERS'~~JANUARY ~~EQUITY~~1, 2009

~~FOR~~THROUGH ~~THE~~MARCH ~~PERIOD FROM INCEPTION (NOVEMBER 7~~31, ~~2007)~~2010

THROUGH SEPTEMBER 30, 2009

(Unaudited)

										(Deficit)
	Preferred stock				Common stock					Additional Paid-in			Discount on Common			Accumulated			StockSubscriptions		Other Comprehensive
										Accumulated
	Shares		Amount		Shares		Amount			Capital			Stock			Deficit			Receivable		Income			Totals
					Additional		Discount			During the			Stock
Balance – January 1, 2009		-		-		500,000,000	$	50,000		$	5,966		$	(2,700	)	$	(85,852	)	$	-	$	-		$	(32,586	)
	Common stock				Paid-in		on Common			Development			Subscriptions
Common stock issued for cash		-	$	-		1,000,000	$	100		$	94,343		$	-		$	-		$	-	$	-		$	94,443
	Shares		Amount		Capital		Stock			Stage			Receivable			Totals
Convertible preferred stock issued for intangible assets		10,000		100		-		-			751,560			-			-			-		-			751,660
Balance - November 7, 2007		-	$	-	$	-	$	-		$	-		$	-		$	-
Foreign currency translation		-		-		-		-			-			-			-			-		(17,460	)		(17,460	)
Common stock issued for cash		30,000,000		3,000		-		(2,700	)		-			(300	)		-
Net (loss) for the year		-		-		-		-			-			-			(3,630,262	)		-		-			(3,630,262	)
Net (loss) for the year		-		-		-		-			(4,950	)		-			(4,950	)
Balance - December 31, 2009		10,000		100		501,000,000	$	50,100		$	851,869		$	(2,700	)	$	(3,716,114	)	$	-	$	(17,460	)		(2,834,205	)
Balance - December 31, 2007		30,000,000	$	3,000	$	-	$	(2,700	)	$	(4,950	)	$	(300	)	$	(4,950	)
Common stock issued for services						11,000,000		1,100			98,900			-			-			-		-			100,000
Stock subscription payment received		-		-		-		-			-			300			300
Foreign currency translation		-		-		-		-			-			-			-			-		48,505			48,505
Common stock issued		20,000,000		2,000		50,966		-			-			-			52,966
Net (loss) for the period		-		-		-		-			-			-			(6,453,763	)		-		-			(6,453,763	)
Net (loss) for the year		-		-		-		-			(80,902	)		-			(80,902	)
Balance - March 31, 2010		10,000		100		512,000,000	$	51,200		$	950,769		$	(2,700	)	$	(10,169,877	)	$	-	$	31,045			(9,139,463	)
Balance - December 31, 2008		50,000,000	$	5,000	$	50,966	$	(2,700	)	$	(85,852	)	$	-		$	(32,586	)
Common stock issued for cash		100,000		10		49,990		-			-			-			50,000
Warrants		-		-		34,000		-			-			-			34,000
Net (loss) for the period		-		-		-		-			(938,688	)		-			(938,688	)
Balance - September 30, 2009		50,100,000	$	5,010	$	134,956	$	(2,700	)	$	(1,024,540	)	$	-		$	(887,274	)

The accompanying notes to financial statements are

an integral part of these statements.

F-4

ECOLOGIX RESOURCE GROUP, INC.

(ACONSOLIDATED ~~DEVELOPMENT~~STATEMENTS ~~STAGE~~OF ~~COMPANY)~~CASH FLOWS

~~STATEMENTS~~FOR OFTHE ~~CASH~~THREE ~~FLOWS~~MONTHS ENDED MARCH 31, 2010 AND 2009,

FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2009 AND 2008,

AND CUMULATIVE FROM INCEPTION (NOVEMBER 7, 2007)

THROUGH SEPTEMBER 30, 2009

(Unaudited)

	Nine Months Ended						Cumulative
	Three Months Ended
	September 30,						From
	March 31,
	2009			2008			Inception
	2010			2009
	(Unaudited)			(Unaudited)			~~(Unaudited)~~
Operating Activities:
Net (loss)	$	(~~938~~6,~~688~~453,763	)	$	(628,~~922~~516	)	$	~~(1,024,540~~	)
Adjustments to reconcile net (loss) to net cash (used in) operating activities:
Amortization of discount on note payable		17234,~~000~~971			-			~~17,000~~
Amortization		684			228			1,140
Amortization and depreciation		11,029			228
Changes in net assets and liabilities-
Derivative liabilities		6,082,198
Prepaid expenses		(187,602	)		-			(187,602	)
Changes in net assets and liabilities-
Accrued liabilities		189,398			8,348			197,946
Accounts payable		(105,532)			-
Net Cash Used in Operating Activities		(919,208	)		(54,346	)		(996,056	)
Accrued liabilities		79,836			4,452
Investing Activities:
Net Cash Used in Operating Activities		(151,261	)		(3,836	)
Acquisition and costs of patent pending		-			-			(15,500	)
Investing Activities:
Net Cash Used in Investing Activities		-			-			(15,500	)
Purchases of Property Plant and Equipment		(72,713	)		-
Financing Activities:
Net Cash Used in Investing Activities		(72,713)			-
Issuance of common stock		50,000			80,666			130,666
Financing Activities:
Deferred offering costs applied		-			(27,400	)		(27,400	)
Loans from related parties - Directors and stockholders		240,060			3,000
Proceeds from loans		884,760			-			884,760
Net Cash Provided by Financing Activities		240,060			3,000
Loans from related parties - Directors and stockholders		(14,520	)		1,255			25,943
Effect of Exchange rates on Cash		65,379			-
Net Cash Provided by Financing Activities		920,240			54,521			1,013,969
Net (Decrease) Increase in Cash		81,465			(836	)
Net (Decrease) Increase in Cash		1,032			175			2,413
Cash - Beginning of Period		9,974			1,381
Cash - Beginning of Period		1,381			-			-
Cash - End of Period	$	91,439		$	545
Cash - End of Period	$	2,413		$	175		$	2,413
Supplemental Disclosure of Cash Flow Information:
Supplemental Disclosure of Cash Flow Information:
Cash paid during the period for:
Cash paid during the period for:
Interest	$	-		$	-
Interest	$	-		$	-		$	-
Income taxes	$	-		$	-
Income taxes	$	-		$	-		$	-
Supplemental schedule of noncash investing and financing activities:
Supplemental schedule of noncash investing and financing activities:
Warrants issued to promissory note holder	$	-		$	-
Warrants issued to promissory note holder	$	34,000		$	-		$	34,000

The accompanying notes to financial statements are

an integral part of these statements.

F-5

ECOLOGIX RESOURCE GROUP, INC.

(ANOTES ~~DEVELOPMENT~~TO ~~STAGE~~CONSOLIDATED ~~COMPANY)~~FINANCIAL STATEMENTS

NOTES TO FINANCIAL STATEMENTS

(1) Summary of Significant Accounting Policies

Basis of Presentation and Organization

Ecologix Resource Group, ~~Inc.~~ (~~formerly Battery Control Corp.) (~~“Ecologix” or the “Company”) is a ~~Delaware~~natural ~~corporation~~resource incompany focused on the ~~development~~harvesting, ~~stage~~ and ~~has~~marketing ~~not~~of high quality timber while pursuing ~~commenced~~the ~~operations~~production of alternative energy solutions. The Company ~~was~~manages ~~incorporated~~tropical hardwood ~~under~~forest in the ~~laws~~Republic of ~~the~~Cameroon ~~State~~in Central Africa. The Company ofharvests ~~Delaware~~a onvariety ~~November~~of 7,species ~~2007~~of hardwood.

The Company ~~has~~was ~~revised~~incorporated ~~its~~under ~~overall~~the ~~business~~laws ~~strategy,~~of the ~~Company~~State ~~entered~~of ~~into~~Delaware ~~an agreement~~on toNovember ~~acquire long-term rights to 20~~7,~~000~~ 2007. ~~hectares~~The ~~(approximately~~Company ~~50,000 acres)~~was offormerly ~~land~~known ~~rich~~as inBattery ~~tropical~~Control ~~hardwoods~~Corp. and ~~other~~changed ~~natural resources in Central~~its ~~Africa~~name into ~~consideration~~Ecologix ~~for~~Resource aGroup, ~~newly authorized convertible preferred stock issuance~~Inc. ~~This~~ ~~acquisition~~on ~~augments~~July ~~the~~14, ~~Company’s energy related business strategy~~2009. ~~The~~Due ~~Company intends~~ to ~~harvest~~ the ~~high quality~~ ~~timber~~overwhelming ~~growing~~opportunities inregarding ~~the~~our ~~land~~timber ~~parcel~~business, ~~consistent with~~ the ~~highest~~Company ~~environmental~~has ~~standards. The~~decided ~~Company~~that ~~also~~it ~~intends~~is necessary to ~~pursue~~apply ~~its~~all ~~alternative~~personnel, ~~energy projects~~finances ~~for the country~~ and ~~its citizens which shall include growing biomass to~~other beresources ~~used~~towards inthe ~~fuel~~timber operations and ~~solar~~discontinue ~~installations as desired by~~ the ~~local~~patented ~~inhabitants and~~pending ~~national~~technology ~~governmental~~of ~~policy~~Battery ~~where~~Control ~~the land is located~~Corp.

The accompanying financial statements were prepared from the accounts of the Company under the accrual basis of accounting.

Unaudited Interim Financial Statements

The interim financial statements of the Company as of ~~September~~March 3031, ~~2009~~2010, and ~~for~~2009, and for the periods ended, ~~and cumulative from inception,~~ are unaudited. However, in the opinion of management, the interim financial statements include all adjustments, consisting of only normal recurring adjustments, necessary to present fairly the Company’s financial position as of ~~September~~March 3031, ~~2009~~2010, and the results of its operations and its cash flows for the periods ended ~~September~~March 3031, ~~2009~~2010, and ~~cumulative~~ ~~from inception. These results are not necessarily indicative of the results expected for the calendar year ending December 31,~~ 2009. The accompanying financial statements and notes thereto do not reflect all disclosures required under accounting principles generally accepted in the United States. Refer to the Company’s audited financial statements as of December 31, ~~2008~~2009, filed with the SEC, for additional information, including significant accounting policies.

Cash and Cash Equivalents

For purposes of reporting within the statement of cash flows, the Company considers all cash on hand, cash accounts not subject to withdrawal restrictions or penalties, and all highly liquid debt instruments purchased with a maturity of three months or less to be cash and cash equivalents.

~~Revenue~~Property, ~~Recognition~~Plant And Equipment

The Company isdepreciates inits ~~the~~assets ~~development~~over ~~stage~~their ~~and~~estimated ~~has~~useful ~~yet~~lives. toThe ~~realize~~estimated useful ~~revenues~~lives ~~from operations.~~are ~~Once~~5 ~~the~~years ~~Company~~for ~~has~~machinery ~~commenced~~and ~~operations~~equipment, it5 ~~will~~years ~~recognize revenues~~for ~~when~~furniture ~~delivery~~and fixtures ofand ~~goods~~the orshorter ~~completion~~ of ~~services~~the ~~has~~useful ~~occurred~~life ~~provided there~~or isthe ~~persuasive~~term ~~evidence~~ of anthe ~~agreement,~~lease ~~acceptance~~for leasehold ~~has~~improvements. ~~been~~Plant ~~approved~~and ~~by its~~equipment ~~customers,~~are ~~the~~carried ~~fee~~at ishistorical ~~fixed~~cost orand are ~~determinable~~depreciated ~~based~~using onprimarily the ~~completion~~straight-line ~~of stated~~method. ~~terms~~Repair and ~~conditions,~~maintenance expenditures ~~and~~are ~~collection~~expensed ofas ~~any related receivable is probable~~incurred.

F-6

Timber Rights

The Company carried timber rights at historical cost less accumulated amortization. We capitalized the acquisition costs of the user right and allocated that cost to the timberland. Amortization of the user right on timberland is primarily determined using the straight-line method over the life of usage right.

The Company reviews the carrying value of its long-lived assets annually or whenever events or changes in circumstances indicate that the historical-cost carrying value of an asset may no longer be appropriate. The Company assesses recoverability of the asset by comparing the undiscounted future net cash flows expected to result from the asset to its carrying value. If the carrying value exceeds the undiscounted future net cash flows of the asset, an impairment loss is measured and recognized. An impairment loss is measured as the difference between the net book value and the fair value of the long-lived asset. Fair value is estimated based upon either discounted cash flow analysis or estimated salvage value.

Revenue Recognition

The Company will recognize revenues when delivery of goods or completion of services has occurred provided there is persuasive evidence of an agreement, acceptance has been approved by its customers, the fee is fixed or determinable based on the completion of stated terms and conditions, and collection of any related receivable is probable.

Stock Splits

On December 1, 2008, the Company implemented a 5 for 1 forward stock split on its issued and outstanding shares of common stock. On March 24, 2009, the Company implemented a 2 for 1 forward stock split on its issued and outstanding shares of common stock. On December 4, 2009, the Company implemented a 10 for 1 forward stock split on its issued and outstanding shares of common stock. The accompanying financial statements and related notes thereto have been adjusted accordingly to reflect the forward stock splits.

Loss per Common Share

Basic loss per share is computed by dividing the net loss attributable to the common stockholders by the weighted average number of shares of common stock outstanding during the period. Fully diluted loss per share is computed similar to basic loss per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. ~~The~~Potentially ~~warrants~~dilutive ~~and~~financial ~~convertible~~instruments ~~promissory note have been~~ excluded from ~~the~~ the calculation of ~~net~~ loss per share, asfor ~~their~~the ~~effect~~period ~~would~~ended beMarch 31, 2010 and 2009 ~~antidilutive~~totaled 9,750,000 and none, respectively.

Income Taxes

The Company accounts for income taxes ~~pursuant~~using tothe ~~SFAS~~asset ~~No.~~and ~~109~~liability method, ~~Accounting for Income Taxes~~which ~~(“SFAS~~requires ~~109”).~~the ~~Under~~establishment ~~SFAS~~of ~~109,~~ deferred tax assets and liabilities ~~are~~for ~~determined~~the ~~based on~~ temporary differences between the bases of certain assets and liabilities for income tax and financial reporting purposes. The deferred tax assets and liabilities are classified according to the financial statement ~~classification~~ classification of the assets and liabilities generating the differences.

The Company maintains a valuation allowance with respect to deferred tax assets. The Company establishes a valuation allowance based upon the potential likelihood of realizing the deferred tax asset and taking into consideration the Company’s financial position and results of operations for the current period. Future realization of the deferred tax benefit depends on the existence of sufficient taxable income within the carryforward period under the ~~federal~~Federal tax laws.

F-7

Changes in circumstances, such as the Company generating taxable income, could cause a change in judgment about the realizability of the related deferred tax asset. Any change in the valuation allowance will be included in income in the year of the change in estimate.

Fair Value of Financial Instruments

The Company estimates the fair value of financial instruments using the available market information and valuation methods. Considerable judgment is required in estimating fair value. Accordingly, the estimates of fair value may not be indicative of the amounts the Company could realize in a current market exchange. ~~As of September 30, 2009, the carrying value of accrued liabilities, and loans from directors and stockholders approximated fair value due to the short-term nature and maturity of these instruments.~~

~~Patent~~Translation ~~and~~of ~~Intellectual~~Foreign ~~Property~~Currencies

~~The~~All ~~Company~~assets ~~capitalizes~~and liabilities of foreign subsidiaries are translated into dollars at the ~~costs~~fiscal ~~associated~~year-end ~~with~~(current) ~~obtaining~~exchange arates ~~patent~~and orcomponents ~~other~~of revenue and ~~intellectual~~expense ~~property~~are ~~associated~~translated ~~with~~at ~~its~~average ~~intended~~rates ~~business~~for ~~plan~~the fiscal year. ~~Such~~The ~~costs~~resulting translation adjustments are included in shareholders' equity. Gains and losses ~~amortized~~on ~~over~~foreign ~~the~~currency ~~estimated~~exchange ~~useful~~transactions ~~lives~~are reflected in the statement of operations. Net transaction gains and losses debited to “Other comprehensive income” for the ~~related~~three ~~assets~~months ended March 31, 2010 and 2009 were $48,506 and $0, respectively.

~~Deferred~~Impairment ~~Offering~~of ~~Costs~~Long-Lived Assets—Timber Rights

The Company ~~defers~~continually asmonitors ~~other~~events ~~assets~~and ~~the~~changes ~~direct~~in ~~incremental~~circumstances ~~costs~~that could indicate carrying amounts of ~~raising~~long-lived ~~capital until~~assets may not be recoverable. When such events ~~time~~or aschanges in circumstances are present, the ~~offering~~Company isassesses ~~completed.~~the recoverability Atof long-lived assets by determining whether the ~~time~~carrying value of such assets will be recovered through undiscounted expected future cash flows. If the ~~completion~~total of the ~~offering,~~future cash flows is less than the ~~costs~~carrying ~~are~~amount ~~charged~~of ~~against~~those assets, the ~~capital~~Company ~~raised.~~recognizes ~~Should~~an impairment loss based on the excess of the ~~offering~~carrying beamount ~~terminated,~~over ~~deferred~~the ~~offering~~fair ~~costs~~value ~~are~~of ~~charged~~the assets. Assets to ~~operations~~be ~~during~~disposed of are reported at the ~~period~~lower inof ~~which~~the carrying amount or the ~~offering~~fair isvalue ~~terminated~~less costs to sell.

Impairment of Long-Lived Assets

The Company evaluates the recoverability of long-lived assets and the related estimated remaining lives when events or circumstances lead management to believe that the carrying value of an asset may not be recoverable. For the period ended September 30, 2009, no events or circumstances occurred for which an evaluation of the recoverability of long-lived assets was required.

Common Stock Registration Expenses

The Company considers incremental costs and expenses related to the registration of equity securities with the SEC, whether by contractual arrangement as of a certain date or by demand, to be unrelated to original issuance transactions. As such, subsequent registration costs and expenses are expensed as incurred.

F-7

Estimates

The financial statements are prepared on the basis of accounting principles generally accepted in the United States. The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of ~~September~~March 3031, 2010 and 2009, and expenses for the period ended ~~September~~March 3031, ~~2009,~~2010 and ~~cumulative from inception~~2009. Actual results could differ from those estimates made by management.

Recent Accounting Pronouncements

In ~~June~~ ~~2009~~February 2010, ~~the~~ FASB issued ~~SFAS~~ASU ~~No.~~2010-9 ~~166~~Subsequent ~~“Accounting~~Events ~~for~~(Topic ~~Transfers~~855) ~~of Financial~~Amendments ~~Assets—an~~to ~~amendment~~Certain ofRecognition ~~FASB~~and ~~Statement~~Disclosure ~~No.~~Requirements ~~140”~~ (~~“SFAS~~"ASU ~~166”~~2010-9"). ~~SFAS~~ASU ~~166 improves~~2010-9 ~~the~~amends ~~relevance,~~disclosure ~~representational~~requirements ~~faithfulness,~~within ~~and~~Subtopic ~~comparability~~855-10. ofAn ~~the information~~entity that ais ~~reporting~~an ~~entity~~SEC filer ~~provides~~is innot ~~its~~required ~~financial~~to ~~statements~~disclose ~~about a transfer of financial assets;~~ the ~~effects~~date ofthrough awhich ~~transfer~~subsequent onevents ~~its financial~~have ~~position,~~been ~~financial~~evaluated. ~~performance,~~This ~~and~~change ~~cash~~alleviates ~~flows;~~potential ~~and~~conflicts abetween ~~transferor’s continuing~~Subtopic ~~involvement,~~855-10 ifand ~~any,~~the inSEC's ~~transferred financial assets~~requirements. ~~SFAS~~ASU ~~166~~2010-9 is effective ~~as of~~for ~~the~~interim ~~beginning of each reporting entity’s first~~ and annual ~~reporting~~periods ~~period~~ending ~~that begins~~ after ~~November~~ June 15, ~~2009, for interim periods within that first annual reporting period and for interim and annual reporting periods thereafter~~2010. The Company does not expect ~~that~~ the adoption of ~~this~~ASU ~~standard~~2010-09 ~~will~~to have a material impact on ~~the~~its ~~Company's~~consolidated results of operations or financial ~~statements~~position.

In ~~June~~ ~~2009~~January 2010, ~~the~~ FASB issued ~~SFAS~~ASU ~~No.~~2010-6 ~~167~~Improving ~~“Amendments~~Disclosures toabout ~~FASB~~Fair Measurements ~~Interpretation No. 46~~(R"ASU 2010-6")~~” (“SFAS 167”)~~. ~~SFAS~~ASU ~~167~~2010-6 ~~improves~~provides ~~financial~~amendments ~~reporting~~to ~~by enterprises involved with~~subtopic ~~variable~~820-10 ~~interest~~that ~~entities~~require ~~and~~separate ~~addresses~~disclosure ~~(1) the effects on certain provisions~~ of ~~FASB~~significant ~~Interpretation~~transfers ~~No.~~in 46and ~~(revised~~out ~~December 2003), “Consolidation~~ of ~~Variable~~Level 1 ~~Interest~~and ~~Entities”,~~Level 2 asfair avalue ~~result~~measurements ofand the ~~elimination~~presentation of ~~the qualifying~~ ~~special-purpose~~separate ~~entity~~information ~~concept~~regarding inpurchases, ~~SFAS~~sales, ~~166~~issuances and ~~(2)~~settlements ~~constituent concerns about~~for ~~the~~Level 3 ~~application~~fair ofvalue ~~certain~~measurements. ~~key~~Additionally, ~~provisions~~ASU of2010-6 ~~Interpretation 46(R), including~~provides ~~those~~amendments into ~~which~~subtopic ~~the~~820-10 ~~accounting~~that ~~and~~clarify existing disclosures ~~under~~about the ~~Interpretation do not~~level ~~always~~of ~~provide~~disaggregation ~~timely~~ and ~~useful~~inputs ~~information~~and ~~about~~valuation ~~an enterprise’s involvement in a variable interest entity~~techniques. ~~SFAS~~ASU ~~167~~2010-6 is effective ~~as of the beginning of each~~ ~~reporting~~for ~~entity’s~~financial ~~first~~statements ~~annual~~issued ~~reporting period that begins after November 15, 2009,~~ for interim ~~periods~~and ~~within that first~~ annual ~~reporting~~periods ~~period,~~ending ~~and for~~after ~~interim~~December 15, ~~and annual reporting periods thereafter~~2010. The Company does not expect ~~that~~ the adoption of ~~this~~ASU ~~standard~~2010-06 to ~~will~~ have a material impact on ~~the~~its ~~Company's financial~~consolidated ~~statements~~results of operations or financial position.

In June 2009, the FASB issued SFAS No. 168 “The FASB Accounting Standards Codification and the Hierarchy of Generally Accepted Accounting Principles—a replacement of FASB Statement No. 162”. The FASB Accounting Standards Codification (“Codification”) will be the single source of authoritative nongovernmental U.S. generally accepted accounting principles. Rules and interpretive releases of the SEC under authority of federal securities laws are also sources of authoritative GAAP for SEC registrants. SFAS 168 is effective for interim and annual periods ending after September 15, 2009. All existing accounting standards are superseded as described in SFAS 168. All other accounting literature not included in the Codification is non-authoritative. The Company does not expect that the adoption of this standard will have a material impact on the Company's financial statements.

On May 28, 2009, the Financial Accounting Standards Board issued Subsequent Events ("SFAS No. 165"). SFAS No. 165 provides guidance on management's assessment of subsequent events and requires additional disclosure about the timing of management's assessment of subsequent events. SFAS No. 165 does not significantly change the accounting requirements for the reporting of subsequent events. SFAS No. 165 is effective for interim or annual financial periods ending after June 15, 2009.

In April 2009, the FASB issued FSP No. FAS 157-4, “Determining Fair Value When the Volume and Level of Activity for the Asset or Liability Have Significantly Decreased and Identifying Transactions That Are Not Orderly” (“FSP FAS 157-4”). FSP FAS 157-4 provides guidance on estimating fair value when market activity has decreased and on identifying transactions that are not orderly. Additionally, entities are required to disclose in interim and annual periods the inputs and valuation techniques used to measure fair value. This FSP is effective for interim and annual periods ending after June 15, 2009.

F-8

~~Subsequent~~In ~~events~~January 2010, FASB issued ASU 2010-2 Accounting and Reporting for Decreases in Ownership of a Subsidiary- a Scope Clarification ("ASU 2010-2"). ASU 2010-2 addresses implementation issues related to the changes in ownership provisions in the Consolidation—Overall Subtopic (Subtopic 810-10) of the FASB Accounting Standards Codification, originally issued as FASB Statement No. 160, Noncontrolling Interests in Consolidated Financial Statements. Subtopic 810-10 establishes the accounting and reporting guidance for noncontrolling interests and changes in ownership interests of a subsidiary. An entity is required to deconsolidate a subsidiary when the entity ceases to have a controlling financial interest in the subsidiary. Upon deconsolidation of a subsidiary, an entity recognizes a gain or loss on the transaction and measures any retained investment in the subsidiary at fair value. The gain or loss includes any gain or loss associated with the difference between the fair value of the retained investment in the subsidiary and its carrying amount at the date the subsidiary is deconsolidated. In contrast, an entity is required to account for a decrease in ownership interest of a subsidiary that does not result in a change of control of the subsidiary as an equity transaction. ASU 2010-2 is effective for the Company starting January 3, 2010. The Company does not expect the adoption of ASU 2010-2 to have a material impact on the Company's consolidated results of operations or financial position.

~~The~~In ~~Company~~December ~~evaluated~~2009, ~~events~~FASB ~~occurring~~issued ~~between~~ASU 2009-17 Consolidations (Topic 810) Improvements to Financial Reporting by Enterprises Involved with Variable Interest Entities ("ASU 2009-17"). ASU 2009-17 amends the ~~balance~~FASB ~~sheet~~ASC ~~date~~for ~~and~~the ~~November~~issuance of FASB 6Statement No. 167, Amendments to FASB Interpretation No. 46(R). The amendments in ASU 2009-17 replace the quantitative-based risks and rewards calculation for determining which enterprise, if any, has a controlling financial interest in a variable interest entity with an approach focused on identifying which enterprise has the ~~date~~power to direct the ~~financial~~activities ~~statements~~of ~~were~~a variable ~~issued~~interest entity that most significantly impact the entity's economic performance and (1) the obligation to absorb losses of the entity or (2) the right to receive benefits from the entity. ASU 2009-17 also requires additional disclosures about an enterprise's involvement in variable interest entities. ASU 2009-17 is effective as of the beginning of each reporting entity's first annual reporting period that begins after November 15, 2009. The adoption of ASU 2009-17 did not have a material impact on its consolidated results of operations or financial position.

In December 2009, FASB issued ASU 2009-16 Transfers and Servicing (2Topic 860) ~~Development~~ Accounting ~~Stage~~for ~~Activities~~Transfers of Financial Assets ("ASU 2009-16"). ASU 2009-16 amends the FASB Accounting Standards Codification for the issuance of FASB Statement No. 166, Accounting for Transfers of Financial Assets—an amendment of FASB Statement No. 140. The amendments in ASU 2009-16 improve financial reporting by eliminating the exceptions for qualifying special-purpose entities from the consolidation guidance and the exception that permitted sale accounting ~~Going~~for ~~Concern~~certain mortgage securitizations when a transferor has not surrendered control over the transferred financial assets. In addition, the amendments require enhanced disclosures about the risks that a transferor continues to be exposed to because of its continuing involvement in transferred financial assets. ASU 2009-16 is effective as of the beginning of each reporting entity's first annual reporting period that begins after November 15, 2009. The adoption of ASU 2009-16 did not have a material impact on its consolidated results of operations or financial position.

~~The~~In ~~Company~~October 2009, ~~is currently in~~ the ~~development~~Financial ~~stage,~~Accounting ~~and~~Standards ~~has~~Board no(“FASB”) ~~operations.~~issued ~~The~~new ~~Company~~revenue ~~has~~recognition ~~revised~~standards ~~its~~for ~~overall~~arrangements ~~business~~with ~~strategy~~multiple deliverables, ~~the~~where certain ~~Company~~of ~~entered~~those ~~into~~deliverables ~~an agreement~~are tonon-software ~~acquire~~related. ~~long-term~~The ~~rights~~new standards permit entities to ~~20,000~~initially ~~hectares~~use ~~(approximately~~management’s ~~50,000 acres)~~best estimate of ~~land~~selling ~~rich~~price into ~~tropical~~value individual ~~hardwoods~~deliverables ~~and~~when ~~other~~those ~~natural~~deliverables ~~resources~~do innot ~~Central~~have Vendor Specific ~~Africa~~Objective inEvidence ~~consideration~~(“VSOE”) ~~for~~of afair ~~newly~~value ~~authorized~~or ~~convertible~~when ~~preferred~~third-party ~~stock~~evidence is not ~~issuance~~available. ~~This~~ ~~acquisition~~Additionally, ~~augments~~these new standards modify the ~~Company’s~~manner ~~energy~~in ~~related~~which the ~~business~~transaction ~~strategy. The~~consideration ~~Company~~is ~~intends~~allocated toacross ~~harvest~~ the ~~high~~separately ~~quality~~identified ~~timber~~deliverables ~~growing~~by inno ~~the~~longer ~~land~~permitting ~~parcel,~~the ~~consistent~~residual ~~with~~method ~~the~~of ~~highest environmental~~allocating ~~standards~~arrangement consideration. ~~The~~ ~~Company~~These ~~also~~new ~~intends~~standards toare ~~pursue~~effective ~~its~~for ~~alternative~~annual ~~energy~~periods ~~projects~~ending ~~for~~after ~~the~~June 15, ~~country~~2010 and ~~its~~early ~~citizens~~adoption ~~which~~is ~~shall~~permitted. ~~include~~The ~~growing~~Company ~~biomass to~~is becurrently ~~used~~evaluating inthe ~~fuel~~impact ~~and~~of ~~solar~~adopting ~~installations~~this asstandard, ~~desired~~if byany, ~~the~~on ~~local inhabitants and~~the ~~national~~Company’s ~~governmental~~consolidated ~~policy~~financial ~~where~~position, ~~the~~results ~~land~~of isoperations ~~located~~and cash flows.

The Company commenced a capital formation activity to submit a Registration Statement on Form SB-2 to the Securities and Exchange Commission (“SEC”) to register and sell in a self-directed offering 20,000,000 (post forward stock split) shares of newly issued common stock at an offering price of $0.04 for proceeds of up to $80,000. The Registration Statement on Form SB-2 was filed with the SEC on January 15, 2008 and declared effective on March 10, 2008. As of June 30, 2008, the Company received stock subscriptions for 20,000,000 (post forward stock split) shares of common stock, par value $0.0001 per share, at an offering price of $0.04 per share, and deposited proceeds of $80,000.

The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate continuation of the Company as a going concern. The Company has not established any source of revenue to cover its operating costs, and as such, has incurred an operating loss since inception. Further, as of September 30, 2009, the cash resources of the Company were insufficient to meet its current business plan, and the Company had negative working capital. These and other factors raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the possible inability of the Company to continue as a going concern.

(3) Patent Pending

In November 2007, the Company entered into an Invention Assignment Agreement with Moshe Averbuch, the inventor, whereby the Company acquired from Moshe Averbuch all of the right, title and interest in the Invention known as the “Method and apparatus for battery testing and measuring” for consideration of $12,000. Under the terms of the Assignment Agreement, the Company was assigned rights to the Invention free of any liens, claims, royalties, licenses, security interests or other encumbrances. The inventor of the Invention is not an officer or director of the Company, nor an investor or promoter of such. The Invention is the subject of United States Patent Application 10/707,521 which was filed with the United States Patent and Trademark Office on December 19, 2003. The patent was approved on April 2, 2008. The historical cost of obtaining the Invention of $12,000 and legal fees of $3,500 for the patent have been capitalized by the Company. The historical cost of the Patent will be amortized over its useful life, which is estimated to be 17 years.

(4) Loans from Related Parties - Directors and Stockholders

As of September 30, 2009, loans from related parties amounted to $25,943, and represented working capital advances from directors who are also stockholders of the Company. The loans are unsecured, non-interest bearing, and due on demand.

F-9

(52) ~~Note~~ ~~Payable~~Going Concern

~~On March~~The ~~13,~~accompanying ~~2009,~~financial ~~the~~statements ~~Company~~have ~~entered~~been ~~into~~prepared anin ~~18%~~conformity ~~Senior~~with accounting ~~Convertible~~principles ~~Promissory~~generally ~~Note~~accepted toin the United States of America, which ~~finance~~contemplate continuation of the Company's ~~business~~as ~~strategy~~a going concern. The ~~note~~Company ~~bears~~has ~~18%~~not established ~~interest~~sufficient revenue to cover its operating costs, and isas ~~due~~such, has ~~and~~incurred ~~payable~~operating ~~with~~losses ~~accrued~~since ~~interest~~inception. onFurther, as of March 1331, 2010., ~~The~~the cash ~~note~~resources isof ~~convertible~~the ~~in whole~~Company orwere ininsufficient ~~part~~to atmeet its current business plan, and the Company's ~~option~~had ~~into~~negative ~~shares~~working ofcapital. These and other factors raise substantial doubt about the Company'’s ~~common stock~~ability atto $1continue ~~per~~as ~~share~~a going concern. InThe ~~addition~~accompanying financial statements do not include any adjustments to reflect the ~~payment~~possible offuture ~~principal~~effects on the recoverability and ~~interest,~~classification ~~the~~of ~~holder~~assets ofor the ~~note~~amounts isand ~~entitled~~classification toof ~~receive~~liabilities ~~cashless~~that ~~warrants~~may ~~exercisable~~result ~~into~~from the ~~850,000~~possible ~~shares~~inability of ~~common~~the ~~stock.~~Company ~~The~~to ~~warrants~~continue ~~expire~~as ona ~~March~~going ~~13, 2012~~concern.

(64) ~~Loans~~ ~~payable~~Timber Rights

~~Loans~~As of ~~payable~~January ~~are unsecured~~12, ~~non-interest~~2009 ~~bearing,~~the ~~and~~Company ~~due~~issued onconvertible ~~demand~~preferred shares for timber rights in the Masaka region of Cameroon. The timber rights were valued at the fair value of the preferred stock issued for the use of the timber rights. The balance of the timber rights as of the year ended March 31, 2010 was $2,000,000.

(75) ~~Common~~ ~~Stock~~Property, Plant and Equipment

~~On November 20, 2007, the Company~~The ~~issued~~following ~~30,000,000~~is ~~(post~~a ~~forward~~summary ~~stock split) shares~~ of ~~its~~property ~~common stock to two individuals who are Directors~~ and ~~officers for proceeds of $300.~~equipment:

	March 31, 2010			December 31, 2009

Plant and Machinery	$	236,557		$	181,935
Less – Accumulated Deprecation		(22,155	)		(12,343	)

Total net Property, Plant and Equipment	$	214,402		$	169,592

OnDepreciation ~~December~~expenses ~~1, 2008, the Company implemented a 5~~ for 1 ~~forward stock split on its issued and outstanding shares of common stock to~~ the ~~holders~~three ofmonths ~~record~~ended asMarch ~~of December 1~~31, ~~2008.~~2010 Asand a2009 ~~result~~were ~~of the split~~$11,092 ~~each holder of record on the record date automatically received four additional shares of the Company's common stock. After the split, the number of shares of common stock issued~~ and ~~outstanding~~ ~~are 25,000,000 shares. The accompanying financial statements and~~$0 ~~related notes thereto have been adjusted accordingly to reflect this forward stock split~~respectively.

On(6) ~~March 24,~~Loans ~~2009,~~from the Company implemented a 2 for 1 forward stock split on its issued and outstanding shares of common stock to the holders of record as of March 24, 2009. As a result of the split, each holder of record on the record date automatically received one additional share of the Company's common stock. After the split, the number of shares of common stock issued and outstanding are 50,000,000 shares. The accompanying financial statements and related ~~notes~~ ~~thereto have been adjusted accordingly to reflect this forward stock split.~~parties

~~On July~~ During the year ended December 31, 2009, a stockholder began making loans to the Company ~~raised~~for ~~$50,000~~working ~~and~~capital ~~issued~~needs. These ~~100~~loans were unsecured,~~000~~ non-interest ~~(post~~bearing ~~forward~~and ~~stock split)~~due ~~shares~~on demand. As of ~~its~~December ~~common~~31, ~~stock~~2009, ~~pursuant~~the balance due to athis ~~private~~stockholder ~~placement~~was ~~offering~~$166,957. As atof aMarch 31, ~~purchase~~2010, the ~~price~~balance ofdue ~~$0.50~~to ~~per~~the ~~share~~stock holder was $407,017.

~~(8) Income~~As ~~Taxes~~of December 31, 2009 and March 31, 2010, the Company had a payable due to an officer of the Company for $139,500 which consisted of accrued compensation of $112,500 and reimbursement for expenses paid by the officer on behalf of the company of $27,000.

The provision (benefit) for income taxes for the nine months ended September 30, 2009 and 2008, was as follows (assuming a 23% effective tax rate):

F-10

	2009			2008
Current Tax Provision:
Federal-
Taxable income	$	-		$	-
Total current tax provision	$	-		$	-
Deferred Tax Provision:
Federal-
Loss carryforwards	$	215,898		$	14,472
Change in valuation allowance		(215,898	)		(14,472	)
Total deferred tax provision	$	-		$	-

(7) Convertible Debt

On April 9, 2009, the Company entered into a $100,000 Convertible Promissory Note with Greenburg (“Greenburg” or “Lender”) with an interest rate of 18% per annum. The convertible promissory note is convertible in whole or in part at the Company's option ~~had~~into ~~deferred~~shares ~~income~~of ~~tax~~the ~~assets~~Company’s ascommon stock (the “Common Stock”) at $0.25 per share. However if the Company is in default of ~~September~~payment, 30the Holder may elect to convert, ~~2009~~by a written notice of conversion at a $0.25 conversion price less a penalty for the default. Interest shall accrue to and through ~~December~~the ~~31,~~day prior to the date of conversion. The number of shares of Common ~~2008~~Stock issuable upon conversion shall be determined by dividing the sum of the outstanding principal of this Note being converted plus the accrued and unpaid interest payable with respect to the principal amount of this Note being converted by the Conversion Price then in effect. In connection with the above note the Company issued the lender 1,000,000 warrants with an exercise price of $0.001 a share. The fair value of the warrants issued in connection with the convertible debt will be treated as ~~follows:~~debt discount and amortized over the life of the convertible note.

	2009			2008
Loss carryforwards	$	235,644		$	19,746
Less - Valuation allowance		(235,644	)		(19,746	)
Total net deferred tax assets	$	-		$	-

On June 29, 2009, the Company entered into a $750,000 Convertible Promissory Note with Marvin Mermelstein (“Mermelstein” or “Lender”) with an interest rate of 18% per annum. The convertible promissory note is convertible in whole or in part at the Company's option into shares of the Company’s common stock (the “Common Stock”) at $0.25 per share. However if the Company is in default of payment, the Holder may elect to convert, by a written notice of conversion at a $0.25 conversion price less a penalty for the default. Interest shall accrue to and through the day prior to the date of conversion. The number of shares of Common Stock issuable upon conversion shall be determined by dividing the sum of the outstanding principal of this Note being converted plus the accrued and unpaid interest payable with respect to the principal amount of this Note being converted by the Conversion Price then in effect. In connection with the above note the Company issued the lender 75,000,000 warrants with an exercise price of $0.001 a share. The fair value of the warrants issued in connection with the convertible debt will be treated as debt discount and amortized over the life of the convertible note.

On November 12, 2009, the Company entered into a $100,000 Convertible Promissory Note with MKM (“MKM” or “Lender”) with an interest rate of 18% per annum. The convertible promissory note is convertible in whole or in part at the Company's option ~~provided~~into shares of the Company’s common stock (the “Common Stock”) at $0.25 per share. However if the Company is in default of payment, the Holder may elect to convert, by a ~~valuation~~written ~~allowance~~notice ~~equal~~of conversion at a $0.25 conversion price less a penalty for the default. Interest shall accrue to and through the ~~deferred~~day ~~income~~prior ~~tax~~to ~~assets~~the date of conversion. The number of shares of Common ~~for~~Stock issuable upon conversion shall be determined by dividing the ~~period~~sum ~~ended~~of ~~September~~the outstanding ~~30,~~principal ~~2009~~of this Note being converted plus the accrued and unpaid interest payable with respect to the principal amount of this Note being converted by the Conversion Price then in effect. In connection with the above note the Company issued the lender 1,000,000 ~~because~~warrants itwith isan ~~not~~exercise ~~known~~price ~~currently~~of ~~whether~~$0.001 ~~future~~a ~~taxable~~share. ~~income~~The fair value of the warrants issued in connection with the convertible debt will be ~~sufficient~~treated toas ~~utilize~~debt discount and amortized over the ~~loss~~life of ~~carryforwards~~the convertible note.

~~As of~~On ~~September~~November 3012, 2009, the Company ~~had~~entered ~~approximately~~into a $125,~~024,540~~000 Convertible Promissory Note with Fuse Management Corporation (“Fuse” or “Lender”) with an interest rate of 18% per annum. The convertible promissory note is convertible in ~~tax~~whole ~~loss~~or in ~~carryforwards~~part ~~that~~at ~~can~~the beCompany's ~~utilized~~option into shares of the Company’s common stock (the “Common Stock”) at $0.25 per share. However if the Company is in default ~~future~~of ~~periods~~payment, tothe ~~reduce~~Holder ~~taxable~~may ~~income~~elect to convert, by a written notice of conversion at a $0.25 conversion price less a penalty for the default. Interest shall accrue to and ~~which~~through ~~expire~~the day prior to the date of conversion. The number of shares of Common Stock issuable upon conversion shall be determined by dividing the ~~year~~sum ~~2029~~of the outstanding principal of this Note being converted plus the accrued and unpaid interest payable with respect to the principal amount of this Note being converted by the Conversion Price then in effect. In connection with the above note the Company issued the lender 250,000 warrants with an exercise price of $0.001 a share. The fair value of the warrants issued in connection with the convertible debt will be treated as debt discount and amortized over the life of the convertible note.

The Company evaluated the convertible debt and the warrants under ASC 815 (9SFAS 133 "Accounting for Derivatives" and EITF00-19 "Accounting for Derivative Financial Instruments Indexed to and Potentially Settled in a Company's Own Stock") ~~Related~~. ~~Party~~The ~~Transactions~~Company determined the convertible debentures contained an embedded derivative for the conversion option and the warrants qualified as free standing derivatives. The conversion option allows for an indeterminate number of shares to potentially be issued upon conversion. This results the Company being unable to determine with certainty they will have enough shares available to settle any and all outstanding common stock equivalent instruments. The Company would be required to obtain shareholder approval to increase the number of authorized shares needed to settle those contracts. Because increasing the number of shares authorized is outside of the Company's control, this results in these instruments being classified as liabilities under ASC 815( EITF 00-19 and derivatives under SFAS 133).

As described in Note 4, as of September 30, 2009, the Company owed $25,943 to directors, officers, and principal stockholders of the Company for working capital loans.

From November 7, 2007 (inception) through September 30, 2009, the company paid $162,000 to officers of the Company for executive services and to directors.

(10) Concentration of Credit Risk

Some of the Company’s cash and cash equivalents are invested in a major bank in Israel and are not insured. Management believes that the financial institution that holds the Company’s investments is financially sound and accordingly, minimal credit risk exists with respect to these investments.

(11) Commitments

On February 4, 2009, the Company entered into an agreement to acquire long-term rights to 20,000 hectares (approximately 50,000 acres) of land rich in tropical hardwoods and other natural resources in Central Africa in consideration for a newly authorized convertible preferred stock issuance. The Agreement provides that the Company will issue a total of 10,000 convertible preferred shares. Convertibility will be subject, among other things, to achievement of agreed benchmarks over a 36-month period.

F-11

~~USE OF~~The ~~NAMES~~carrying values of the notes were determined as follows:

In this annual report, the terms “ECOLOGIX RESOURCE GROUP INC.”, “Company”, “we”, or “our”, unless the context otherwise requires, mean ECOLOGIX RESOURCE GROUP INC. and its subsidiaries.

		December 31, 2009

Notes payable to Greenberg due April 9, 2010, interest rate 18%.	$	100,000
Notes payable to Mermelstein due December 29, 2010, interest rate 18%.		750,000
Notes payable to MKM due November 12, 2010, interest rate 18%.		100,000
Notes payable to Fuse due November 12, 2010, interest rate 18%.		25,000
		975,000
(Less) Debt Discount		(670,771	)
Convertible Debt net of discount	$	304,229

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

		March 31, 2010

Notes payable to Greenberg due April 9, 2010, interest rate 18%.	$	100,000
Notes payable to Mermelstein due December 29, 2010, interest rate 18%.		750,000
Notes payable to MKM due November 12, 2010, interest rate 18%.		100,000
Notes payable to Fuse due November 12, 2010, interest rate 18%.		25,000
		975,000
(Less) Debt Discount		(427,300	)
Convertible Debt net of discount	$	547,700

~~This annual~~(9) ~~report~~Convertible ~~on Form 10-KSB and other reports that we file with the SEC contain~~Preferred statements that are considered forward-looking statements. Forward-looking statements give the Company’s current expectations, plans, objectives, assumptions or forecasts of future events. All statements other than statements of current or historical fact contained in this annual report, including statements regarding the Company’s future financial position, business strategy, budgets, projected costs and plans and objectives of management for future operations, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “anticipate,” “estimate,” “plans,” “potential,” “projects,” “ongoing,” “expects,” “management believes,” “we believe,” “we intend,” and similar expressions. These statements are based on the Company’s current plans and are subject to risks and uncertainties, and as such the Company’s actual future activities and results of operations may be materially different from those set forth in the forward looking statements. Any or all of the forward-looking statements in this annual report may turn out to be inaccurate and as such, you should not place undue reliance on these forward-looking statements. The Company has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy and financial needs. The forward-looking statements can be affected by inaccurate assumptions or by known or unknown risks, uncertainties and assumptions due to a number of factors, including:Stock

·The Company ~~dependence~~issued 10,000 convertible preferred shares to Spectra Timber on ~~key~~January 12, ~~personnel;~~2009 in exchange for timber rights in the Massaka region of Cameroon. The preferred stock will bear dividends, payable in stock, semi-annually in arrears, at the rate of five per cent (5%) per annum, beginning June 1, 2011. Each preferred share is convertible into a common share, subject to the vote of the preferred share holders, at the option of the holder at any time after January 12, 2021 at the conversion ratio to be determined by multiplying the aggregate number of preferred shares to be converted times 200 and dividing the product by the Conversion Price in effect on the applicable Conversion Date. The conversion ratio is subject to adjustment for events, such as a unit split, unit dividend, or a specified issuance of units.

·The conversion ~~competitive~~right ~~factors;~~of the convertible preferred stock represents an embedded derivative as defined in ASC 815 (FASB Statement No. 133, Accounting for Derivative Instruments and Hedging Activities). The Company estimated the fair value of the embedded derivative to be $3,918,415 on December 31, 2009 which was reclassified from the initial value ascribed to the convertible preferred stock. The Company has evaluated the fair value as of March 31, 2010 and has assessed that value to be $10,090,396. The increase in the value of the derivative instrument resulted in an unrealized loss of $6,171,981 attributed to the conversion option Convertible Preferred Stock for the three months ended March 31, 2010.

~~· degree of success of research and development programs~~F-12

~~· the operation of our business; and~~(10) Derivatives

·The ~~general~~fair values ~~economic~~and ~~conditions~~changes in the ~~United~~derivative ~~States,~~liabilities ~~Israel~~for the year ended December 31, 2009 and ~~China~~the period ended March 31, 2010 are as follows:

These forward-looking statements speak only as of the date on which they are made, and except to the extent required by federal securities laws, we undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events. In addition, we cannot assess the impact of each factor on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by the cautionary statements contained in this annual report.

	December 31, 2009		March 31, 2010		Gain/(Loss)

Derivative (Warrants)	$	94,058	$	5,989	$	88,069
Embedded derivative (Convertible Debt)	$	37,039	$	35,325	$	1,714
Embedded derivative (Conversion Right Preferred)	$	3,918,415	$	10,090,396	$	(6,171,981)
Total	$	4,049,512	$	10,131,710	$	(6,082,198)

3The adjustment to fair value for the changes in the derivative liabilities resulted in a loss for the three months ended March 31, 2010 of $6,082,198. This amount has been debited to expense, and recorded in “Other income and expense” in the accompanying consolidated statement of operations.

~~ABOUT~~(11) ~~OUR COMPANY~~Warrants

~~We were~~Warrant ~~incorporated~~Transactions ~~in Delaware on November 7, 2007 and~~ are a development stage company. On November 19, 2007, we entered into an exclusive worldwide patent sale agreement (the "Patent Transfer and Sale Agreement ") with Mr. Moshe Averbuch, the original inventor, in relation to a patent-pending technology (Patent Application Number: 10/707,521). We plan to use said technology to create a method and supporting apparatus for measuring and checking standard battery parameters such as voltage, cold cranking amperage (CCA), state of charge (SOC), and state of health (SOH) in exchange for a commitment to pay Mr. Averbuch US$12,000 (Twelve thousand United States Dollars), according to the condition specified in the Patent Transfer and Sale Agreement related to the Patent Application Number 10/707,521.follows:

The Company has ceased to pursue the Patent pending technology .

	Numbers of warrants		Weight Average Exercise Price
Outstanding, January 1, 2009		-	$	-
Granted		9,750,000		0.001
Exercise		-		-
Expired		-		-
Outstanding, December 31, 2009		9,750,000		0.001
Granted		-		-
Exercise		-		-
Expired		-		-
Outstanding, March 31, 2010		9,750,000	$	0.001
Exercisable, March 31, 2010		9,750,000	$	0.001

~~In furtherance of its overall business strategy, on February 4, 2009, the Company entered into an agreement for the acquisition of long-term rights to 20,000 hectares~~ (~~approximately 50,000 acres~~12) ~~of land rich in tropical hardwoods and~~ Fair ~~other~~Value ~~natural~~Measurements resources in Central Africa in consideration for a newly authorized convertible preferred stock issuance. This acquisition augments the Company’s energy related business strategy. The Company intends to harvest the high quality timber growing in the land parcel, consistent with the highest environmental standards. The Company also intends to pursue its alternative energy projects for the country and its citizens which shall include growing biomass to be used in fuel and solar installations as desired by the local inhabitants and national governmental policy where the land is located.

~~The~~ASC 820, ~~Agreement~~“Fair Value Measurements and Disclosures,” ~~which~~defines isfair ~~dated~~value as ofthe ~~February~~exchange price 4,that ~~2009,~~would ~~provides~~be received for selling an asset or paid to transfer a liability (an exit price) in the ~~Company~~principal ~~will~~or most advantageous market for the ~~issue~~asset aor ~~total~~liability ofin ~~10,000,000~~an ~~convertible~~orderly ~~preferred~~transaction between market participants on the ~~shares~~measurement date. ~~Convertibility~~ ~~will~~ASC be820 ~~subject,~~also ~~among~~establishes ~~other~~a ~~things,~~fair tovalue hierarchy which requires ~~achievement~~an entity to maximize the use of ~~agreed~~observable ~~benchmarks~~inputs ~~over~~and aminimize ~~36-month~~the ~~period~~use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value:

~~Our principal offices are located at:~~F-13

~~9903~~Level 1 — Quoted prices in ~~Santa~~active ~~Monica~~markets ~~Blvd~~for identical assets or liabilities.

~~Suite~~Level 2 — Observable inputs ~~918~~other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.

~~Beverly~~Level 3 — Unobservable inputs ~~Hills,~~that ~~CA.~~are ~~90212~~ supported by little or no market activity and that are significant to the fair value of the assets or liabilities.

~~888-LOGIXRG~~For the Company, this statement derivative instruments related to warrants, convertible debt and the conversion right of convertible preferred shares. The Company utilizes the market approach to measure fair value for its financial assets and liabilities. The market approach uses prices and other relevant information generated by market transactions involving similar assets or liabilities.

4Liabilities measured at fair value on a recurring basis are summarized below:

In addition to the Agreement mentioned above, we still maintain our original business in relation to the patented technology comprising the test method and the battery testing device

Fair Value Measurements as of December 31, 2009
	Level 1		Level 2		Level 3		Total
Description
Derivative (Warrants)	$		$	94,058	$		$	94,058
Embedded derivative (Convertible Debt)				37,039				37,039
Embedded derivative (Conversion Right Preferred)				3,918,415				3,918,415
Total	$	-	$	4,049,512	$	-	$	4,049,512

Fair Value Measurements as of March 31, 2010
	Level 1		Level 2		Level 3		Total
Description
Derivative (Warrants)	$		$	5,989	$		$	5,989
Embedded derivative (Convertible Debt)				35,325				35,325
Embedded derivative (Conversion Right Preferred)				10,090,396				10,090,396
Total	$	-	$	10,131,710	$	-	$	10,131,710

~~PLAN~~Unrealized gains OFor losses on derivatives are recorded in “Interest and other expense, net” ~~OPERATIONS~~in the consolidated statement of operations at each measurement date. See Note 10, Derivatives.

~~Liquidity, Capital Resources and Operations:~~F-14

~~During~~Item ~~the fiscal quarter ended September~~2. ~~30,~~Management’s ~~2009~~Discussion ,and ~~net~~Analysis ~~cash~~of ~~used~~Financial ~~by operating~~Condition ~~activities was $919,208~~ and ~~the Company incurred net losses~~ Results of ~~$938,688.~~Operations

~~These~~The following discussion and ~~factors~~analysis ~~raise~~is ~~substantial~~based ~~doubt~~on, ~~about~~and should be read in conjunction with the unaudited condensed consolidated financial statements and the notes thereto included elsewhere in this Form 10-Q and the audited consolidated financial statements and notes thereto and management’s discussion and analysis of financial condition and results of operations included in the Company’s Annual Report ~~ability~~on toForm ~~continue~~10-K asfor athe year ended December 31, 2009, which was filed ~~going~~with ~~concern~~the Securities and Exchange Commission on May 17, 2010. This Quarterly ~~The~~Report ~~Company~~on ~~anticipates~~Form ~~that~~10-Q incontains ~~order~~“forward-looking tostatements” ~~fulfill~~within ~~its~~the meaning ~~plan~~of Section 21E of ~~operations~~ the Securities Exchange Act of 1934, itas amended. These statements are often identified by the use of words such as “may,” “will,” “expect,” ~~need~~“believe,” “anticipate,” “intend,” “could,” “estimate,” or “continue,” and similar expressions or variations. Such forward-looking statements are subject to ~~seek~~risks, ~~financing~~uncertainties and other factors that could cause actual results and the timing of certain events to differ materially from ~~outside~~future results ~~sources~~expressed or implied by such forward-looking statements. To The forward-looking statements in this Quarterly Report on Form 10-Q represent our ~~end,~~views as of the ~~Company~~date isof ~~constantly~~this ~~pursuing~~Quarterly ~~private~~Report ~~debt~~on Form 10-Q. We anticipate that subsequent events and ~~equity~~developments will cause our views to change. However, ~~sources~~while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this Report on Form 10-Q. All amounts are expressed in United States dollars.

~~General~~RESULTS ~~Working~~OF ~~Capital~~OPERATIONS FOR THREE MONTHS ENDED

~~During~~MARCH ~~the~~31, ~~nine months~~2010 ~~ended~~COMPARED ~~September 30~~TO ~~2009 the Company~~MARCH ~~raised $850~~31,~~000~~ ~~thru the issuance of convertible debt securities~~2009

~~Results~~Overall ~~of Operations:~~Results

For the three ~~Nine~~months ~~Months~~ended ~~Ended~~March ~~September~~31, 302010, the Company had $203,437 in sales and cost of sales of $0. This is in comparison to total sales of $0 and cost of sales of $0 for the three month period ended year ended March 31, 2009.

~~Our~~General ~~balance~~and ~~sheet~~administrative asexpenses ofincreased ~~September 30,~~by ~~2009~~approximately ~~reflects~~$287,640 ~~cash~~for in the ~~amount of~~three ~~$2,413.~~month ~~Cash~~period ~~and~~ended ~~cash~~March ~~equivalents~~31, ~~from~~2010 ~~inception~~vs. tothe ~~date~~same ~~have~~period ~~been~~ended ~~sufficient~~as ~~to provide~~March ~~the~~31, ~~operating~~2009. This ~~capital~~increase ~~necessary~~was todue ~~operate~~ to ~~date.~~professional ~~The~~fees ~~operating expenses~~ and ~~net loss for~~ the ~~Nine Months~~set ~~ended September 30,~~up ~~2009~~of ~~amounted~~operations ~~to $899,188 , and $938,688 accordingly~~in the Cameroon.

WeThe ~~have,~~net inloss ~~our~~increased ~~history, generated limited income~~ from ~~operations~~$8,516 ~~have~~($0 ~~incurred substantial~~per ~~expenses~~share) ~~and~~to ~~have~~$6,453,763 ~~sustained losses~~($0.013 Inper ~~addition,~~share.) ~~we expect to~~For ~~continue~~the tothree ~~incur~~month ~~significant~~period ~~operating~~ended ~~expenses.~~March ~~As a result~~31, we2010 ~~will~~vs. ~~need~~the ~~to generate~~three ~~significant~~month ~~revenues~~period toended March ~~achieve~~31, ~~profitability~~2009, ~~which~~respectively. This ~~may~~increase ~~not~~of ~~occur.~~approximately We$287,640 ~~expect~~was ~~our~~directly ~~operating~~related ~~expenses~~ to the increase asin ageneral ~~result~~and ofadministrative ~~our planned~~expenses ~~expansion~~described above..

~~Off~~We have, in our history, generated limited income from operations, have incurred substantial expenses and have sustained losses. In addition, we expect to continue to incur significant operating expenses. As a result, we will need to generate significant revenues to achieve profitability, which may not occur. We expect our operating expenses to increase as a result of our planned expansion. Even if we do achieve profitability, we may be unable to sustain or increase profitability on a quarterly or annual basis in the future. We expect to have quarter-~~Balance~~to-quarter fluctuations in revenues, expenses, losses and cash flow, ~~Sheet~~some ~~Arrangements~~of which could be significant. Results of operations will depend upon numerous factors, some beyond our control, including regulatory actions, market acceptance of our products and services, new products and service introductions, and competition.

~~We do not~~CONSOLIDATED ~~have~~FINANCIAL ~~any~~CONDITION ~~off-balance~~AND sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.LIQUIDITY

6Liquidity and Capital Resources

~~Item~~The 3Company’s strategic plans include continued expansion and support of our timber business in the Cameroon. Further ~~Controls~~purchases of capital equipment will be needed to increase the volume of our operations and ~~Procedures~~the satisfaction of our customer demand. As a result of the working capital investments necessary to support these plans, the Company will continue to require cash and financing resources to meet and exceed its objectives. We may also seek to raise additional capital in public or private equity offerings.

~~(a)~~Cash ~~Evaluation~~Flows offrom ~~disclosure~~Operating controls and procedures. Our Chief Executive Officer and Principal Financial Officer, after evaluating the effectiveness of our “disclosure controls and procedures” (as defined in the Securities Exchange Act of 1934 Rules 13a-15(e) and 15d-15(e)) as of the end of the period covered by this Report on Form 10-QSB (the “Evaluation Date”), has concluded that as of the Evaluation Date, our disclosure controls and procedures are effective to provide reasonable assurance that information we are required to disclose in reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission rules and forms, and that such information is accumulated and communicated to our management, including our Chief Executive Officer and Chief Accounting Officer, as appropriate, to allow timely decisions regarding required disclosure.Activities

~~(b)~~The net ~~Changes~~amount of cash used in ~~internal~~the ~~control~~Company’s ~~over~~operating ~~financial~~activities ~~reporting.~~during ~~There~~three months ended March 31, 2010 was $151,261, which primarily included loss from operations that were nooffset ~~changes~~by increase in derivative liability. For three ~~our~~months ~~internal~~ended ~~control~~March ~~over~~31, ~~financial~~2009, ~~reporting~~the ~~during~~net ~~our~~amount ~~most~~of ~~recent~~cash ~~fiscal~~used in the Company’s ~~quarter~~operating ~~that~~activities ~~materially~~was ~~affected~~$3,836, orwhich ~~were~~primarily ~~reasonably~~included ~~likely~~loss tofrom ~~materially~~operations ~~affect,~~and ~~our~~offset ~~internal~~by ~~control~~increase ~~over~~in ~~financial~~accrued ~~reporting~~liabilities.

~~Part~~Cash ~~II. Other~~Flows ~~Information~~from Investing Activities

~~Item~~The 1net amount of cash used in investing activities during three months ended March 31, 2010 was $72,713 which was the result of the purchase of property, plant and equipment. For ~~Legal~~three ~~Proceedings~~months ended March 31, 2009, the net amount of cash used in investing activities was $0.

~~None~~Cash Flows from Financing Activities

~~Item~~The net 2amount of cash provided by financing activities during three months ended March 31, 2010 was $240,060. ~~Changes~~ InFor ~~Securities~~three months ended March 31, 2009, the net amount of cash generated by financing activities was $3,000, both were provided by loans from related parties.

~~None~~OFF-BALANCE SHEET ARRANGEMENTS

We do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to our investors.

CRITICAL ACCOUNTING POLICIES

See Note 1, Summary of Significant Accounting Policies and Organization, of the Notes to Condensed Consolidated Financial Statements in Part I, Item 1 herein for a discussion of critical accounting policies.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

Our international operations have exposure to foreign currency rate risks, primarily due to fluctuations in the Cameroon Franc (CFA). We historically have not entered into currency rate hedges with respect to our exposure from operations, although we may do so in the future.

Some of our products are sold as commodities and therefore sales prices fluctuate daily based on market factors over which we have little or no control.

Item 4T. Controls and Procedures

Disclosure Controls and Procedures

Pursuant to Rule 13a-15(b) under the Securities Exchange Act of 1934 (“Exchange Act”), the Company carried out an evaluation, with the participation of the Company’s management, including the Company’s Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”) (the Company’s principal financial and accounting officer), of the effectiveness of the Company’s disclosure controls and procedures (as defined under Rule 13a-15(e) under the Exchange Act) as of the end of the period covered by this report. Based upon that evaluation, the Company’s CEO and CFO concluded that the Company’s disclosure controls and procedures were effective as of March 31, 2010 to ensure that information required to be disclosed by the Company in the reports that the Company files or submits under the Exchange Act, is recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms, and that such information is accumulated and communicated to the Company’s management, including the Company’s CEO and CFO, as appropriate, to allow timely decisions regarding required disclosure.

Changes in Internal Control Over Financial Reporting

There have not been any changes in the Company's internal control over financial reporting (as such term is defined in Rules 13a-15(f) under the Exchange Act) during the fiscal period to which this report relates that have materially affected, or are reasonably likely to materially affect, the Company's internal control over financial reporting.

The Company’s management, including the Company’s CEO and CFO, does not expect that the Company’s internal control over financial reporting will prevent all errors and all fraud. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree or compliance with the policies or procedures may deteriorate.

PART II - OTHER INFORMATION

Item 1. Legal Proceedings

None.

Item 1A. Risk Factors

As a “smaller reporting company” as defined by Item 10 of Regulation S-K, we are not required to provide the information requested by this item.

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

None.

Item 3. Defaults Upon Senior Securities

None.

Item 4. ~~Submission of Matters To A Vote Of Security Holders~~ Reserved

~~The Company~~Item ~~filed with the Secretary of the State of Delaware on or about May 1, 2009, to amend Article 1 of its Certificate of Incorporation to change its name from “Battery Control Corp~~5.” Other to “ Ecologix Resource Group, Inc. ;” as well as to amend Article 4 of its Certificate of Incorporation to authorize the issuance of convertible preferred stock in the amount of 50,000,000 shares. The name change became effective June 15 2009 .Information

~~Item 5~~None. ~~Unregistered Sales of Equity Securities and Use of Proceeds.~~

~~The~~Item ~~Company issued 100,000 shares of restricted common stock during the nine months ended SDeptember 30 2009 in exchange of gross proceeds of $50,000~~6. Exhibits

Exhibit No.		Title of Document

31.1		Certification of Principal Executive Officer pursuant to Rule 13a-14 and Rule 15d-14(a), promulgated under the Securities and Exchange Act of 1934, as amended

31.2		Certification of Principal Financial Officer pursuant to Rule 13a-14 and Rule 15d 14(a), promulgated under the Securities and Exchange Act of 1934, as amended

32.1*		Certification pursuant to Section 906 of Sarbanes Oxley Act of 2002 (Chief Executive Officer)

32.2*		Certification pursuant to Section 906 of Sarbanes Oxley Act of 2002 (Chief Financial Officer)

~~The~~*These ~~Company~~certificates ~~declared~~are afurnished ~~forward~~to, ~~split~~but ofshall ~~the~~not ~~shares~~be ofdeemed ~~common~~to ~~stock~~be atfiled awith, ~~rate of two~~the ~~(2)~~Securities ~~new shares for each one (1) old share of common stock. The record date fixed by the Company is February 20, 2009,~~ and ~~was~~Exchange ~~effective March 24, 2009~~Commission.

Item 6. Other Information

None

Item 7. Exhibits

a.		Exhibits:
3.1*		Articles of Incorporation of the Company
3.2*		By-Laws of the Company
3.3*		Form of Common Stock Certificate of the Company
10.1*		Patent and Technology Licensing Agreement dated November 19, 2007, between the Company and the Licensor
10.2*		United States Patent Assignment
31.1		Certification of Principal Executive Officer Pursuant to Exchange Act Rule 13A-14(A)/15D-14(A) as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2		Certification of Principal Financial Officer Pursuant to Exchange Act Rule 13A-14(A)/15D-14(A) as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1		Certification of Principal Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2		Certification of Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

* Previously filed as an exhibit to the Company’s Form SB-2 filed on January 15, 2008, and subsequent filings

Signatures

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, Ecologix Resource Group Inc. has duly caused this Report to be signed on behalf of the undersigned thereunto duly authorized on ~~November~~May 1221, ~~2009~~2010.

Ecologix Resource Group Inc. By: /s/ Jason Fine Jason Fine, ~~President and~~ CEO

Pursuant to the requirements of the Securities Exchange Act of 1934, this Report has been signed by the following persons in the capacities indicated and on ~~November~~May 1221, ~~2009~~2010.

Signature	Title	Date
/s/ Jason Fine	President and CEO	~~November~~May 1221, ~~2009~~2010
Jason Fine	and Director
/s/ Asher Zwebner	Chief Financial Officer	November 12, 2009
/s/ Robert Radoff	President	May 21, 2010
Asher Zwebner
Robert Radoff
/s/ Dr. Juan Avila	Director	May 21, 2010
Dr. Juan Avila

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