UNITED STATES ~~SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549~~

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER ~~THE SECURITIES EXCHANGE ACT OF 1934~~

~~For~~THE ~~the~~SECURITIES ~~month~~EXCHANGE ofACT ~~January~~OF ~~2007~~1934

For the month of June 2007

Commission File No. 0-29328

ADVANCED PROTEOME THERAPEUTICS CORPORATION
(Translation of registrant's name into English)

BioSquare, 650 Albany Street, Boston, MA 02118
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F [X] Form 40-F [ ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1) [ ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7) [ ]

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes [ ] No [X]

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A

~~click~~Click here for printer-friendly PDF version.

1399441.1

SUBMITTED HEREWITH

Exhibits

99.1

Interim Consolidated Financial Statements for the ~~Three~~Nine Months ended ~~October~~April 3130, ~~2006~~2007

99.2

Management’s Discussion and Analysis of Financial Condition and Results of Operations for the ~~Three~~Nine Months Ended ~~October~~April 3130, ~~2006~~2007

99.3

Certification of Chief Executive Officer

99.4

Certification of Chief Financial Officer

99.5

~~Audited~~News ~~Financial~~Release ~~Statements~~dated ~~for~~June ~~the~~19, ~~period~~2007 ~~from~~announcing ~~incorporation~~engagement onof ~~December~~investor ~~12,~~relations ~~2005 to July 31, 2006~~consultant

99.6

Certification of Chief Executive Officer

99.7

Certification of Chief Financial Officer

99.8

Interim Financial Statements for the period from incorporation on December 12, 2005 to April 30, 2006

99.9

Interim Financial Statements for the period from incorporation on December 12, 2005 to January 31, 2006

1399441.1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

ADVANCED PROTEOME THERAPEUTICS CORPORATION

Date: ~~February~~ July 163, 2007

/s/ Alexander (Allen) ~~Krantz __________________________________ Name:~~Krantz________________________

~~Alexander (Allen) Krantz Title~~Name:

Alexander (Allen) Krantz

Title:

President and Chief Executive Officer

1399441.1

Exhibit 99.1

Interim Consolidated Financial Statements of ~~ADVANCED PROTEOME THERAPEUTICS CORPORATION (Formerly Advanced Proteome Therapeutics (Canada) Inc.) (Expressed in U.S. Dollars) THREE MONTHS ENDED OCTOBER 31, 2006 Unaudited – prepared by management~~

ADVANCED PROTEOME

THERAPEUTICS CORPORATION

(Formerly Advanced Proteome Therapeutics (Canada) Inc.)

(Expressed in U.S. Dollars)

NINE MONTHS ENDED APRIL 30, 2007

Unaudited – prepared by management

NOTICE OF NO AUDITOR REVIEW OF INTERIM FINANCIAL STATEMENTS

Under National Instrument 51-102, Part 4, subsection 4.3(3), if an auditor has not performed a review of the interim financial statements, they must be accompanied by a notice indicating that the financial statements have not been reviewed by an auditor.

The accompanying unaudited interim financial statements of the Company have been prepared by and are the responsibility of the Company’s management.

The Company’s independent auditor has not performed a review of these financial statements in accordance with the standards established by the Canadian Institute of Chartered Accountants for a review of interim financial statements by an entity’s auditor.

“W.Allen ~~Benjamin Catalano~~Krantz”

W.Allen ~~Benjamin Catalano~~Krantz

President, Chief Financial Officer, Secretary and Director

ADVANCED PROTEOME THERAPEUTICS CORPORATION

(Formerly Advanced Proteome Therapeutics (Canada) Inc.)

INTERIM CONSOLIDATED BALANCE SHEET

Unaudited – prepared by management

(Expressed in U.S. Dollars)

	October 31 2006	July 31 2006
	April 30 2007		July 31 2006
	(Unaudited)
ASSETS
Current
Cash and cash equivalents	$ 21,~~033~~472,~~172~~320	~~$ 101,315~~	$ 101,315
Receivables	2629,~~586~~408	~~15,852~~	15,852
Prepaid expenses	130,~~994~~900	~~1,257~~	1,257
Total current assets	21,~~061~~532,~~752~~628	~~118,424~~	118,424
Demand promissory note (Note 5)	-	~~132,556~~	132,556
Equipment (Note 6)	2228,~~365~~477	~~2,114~~	2,114
Deferred costs (Note 10)	-	~~57,271~~	57,271
Patent application and technology (Note 4)	1,~~077~~091,~~669~~374	-	-
Total assets	$ 32,~~141~~852,~~786~~479	~~$ 310,365~~	$ 310,365
LIABILITIES AND SHAREHOLDERS' EQUITY
Current
Accounts payable and accrued liabilities	$ ~~267~~29,~~629~~586	~~$ 88,885~~	$ 88,885
Due to shareholder (Note 4)	142,363	-
Due to related party (Note 13)	140,660		-
Non-controlling interest (Note 4)	~~800~~662,~~654~~020	-	-
Shareholders’ equity
Capital stock (Note 10)
Authorized: No maximum number of common shares, without par value
Issued: 52,007,297 (July 31, 2006 - 26,507,297) common shares	9,800,202	8,101,117
Issued: 55,508,964 (July 31, 2006 - 26,507,297) common shares	10,122,459		8,101,117
Contributed surplus	~~590~~861,~~236~~802	~~505,236~~	505,236
Deficit	(8,~~459~~964,~~298~~048)	~~(8,384,873)~~	(8,384,873)
Total shareholders’ equity	12,~~931~~020,~~140~~213	~~221,480~~	221,480
Total liabilities and shareholders’ equity	$ 32,~~141~~852,~~786~~479	~~$ 310,365~~	$ 310,365

Nature and continuance of operations (Note 1)


Nature and continuance of operations (Note 1) Commitments and contingencies (Note 9) Subsequent events (Note 15)

On behalf of the Board:

*“Allen Krantz”*	Director	*“Jean Bellin”*	Director

~~Commitments~~The ~~and~~accompanying ~~contingencies~~notes ~~(Note~~are 9)an integral part of these interim consolidated financial statements.

Subsequent events (Note 15)

On behalf of the Board: “Allen Krantz” Director “Ben Catalano” Director The accompanying notes are an integral part of these interim consolidated financial statements.

ADVANCED PROTEOME THERAPEUTICS CORPORATION

(Formerly Advanced Proteome Therapeutics (Canada) Inc.)

INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS

Unaudited – prepared by management

(Expressed in U.S. Dollars)

~~Three~~Nine months ended ~~October~~April 3130, ~~2006~~2007 and ~~2005~~2006

			2006	2005
	Three Months Ended				Nine Months Ended
				(Restated)
	April 30 2007		April 30 2006		April 30 2007	April 30 2006
Revenues
			(Restated)			(Restated)
Interest income		$	100	$	31
Revenues
Operating expenses
Interest income	$ 18,447		$ 8,640		$ 40,637	$ 9,751
Amortization of equipment			144	144
Operating expenses
General and administration			3,897	2,453
Amortization of equipment	12,116		104		12,831	308
Consulting	2,251		96,~~279~~523	~~4,248~~	32,848	18,554
Professional fees			32,432	16,982
Interest	-		-		7,128	-
Regulatory filings			15,774	646
General and administration	1,432		3,747		22,814	13,526
Rent			4,030	3,817
Professional fees	14,952		47,171		79,511	91,721
Shareholder information			8,969	-
Regulatory filings	3,834		5,308		31,632	12,850
Operating loss before other items and income taxes			(74,525)	(28,290)
Rent	18,750		4,000		31,583	11,795
Other items
Shareholder information	-		-		8,969	-
Gain on settlement of debt (Note 7)			-	38,100
Stock based compensation	271,566		-		271,566	-
Net income (loss) for the period		$	(74,425)	$	9,841
Supplies	57,676		-		57,676	-
Basic and diluted earnings (loss) per common share		$	(0.01)	$	0.01
Travel and entertainment	2,945		-		16,687	-
Weighted average number of common shares outstanding – basic and diluted			28,510,514	20,007,297
Wages and benefits	117,323		-		185,201	-
The accompanying notes are an integral part of these interim consolidated financial statements.
	(484,398)		(58,213)		(717,809)	(139,003)
Other items
Gain on settlement of debt (Note 7)	-		-		-	38,100
Net loss for the period before non-controlling interest	$ (484,398)		$ (58,213)		$ (717,809)	$ (100,903)
Non-controlling interest	92,900		-		138,634	-
Net loss for the period	$ (391,498)		$ (58,213)		$ (579,175)	$ (100,903)
Basic and diluted earnings (loss) per common share	$ (0.01)		$ (0.01)		$ (0.02)	$ 0.01
Weighted average number of common shares outstanding – basic and diluted	55,201,043		26,507,927		45,837,004	23,721,523

The accompanying notes are an integral part of these interim consolidated financial statements.

ADVANCED PROTEOME THERAPEUTICS CORPORATION

(Formerly Advanced Proteome Therapeutics (Canada) Inc.)

INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS

Unaudited – prepared by management

(Expressed in U.S. Dollars)

~~Three~~Nine months ended ~~October~~April 3130, ~~2006~~2007 and ~~2005~~2006

			2006	2005
	Three Months Ended					Nine Months Ended
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES
		April 30 2007		April 30 2006			April 30 2007	April 30 2006
Net income (loss) for the period		$	(74,425)	$		9,841
				(Restated)				(Restated)
Items not affecting cash:
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES
Amortization of equipment			144	144
Net loss for the period		$ (391,498)		$ (58,213)			$ (579,175)	$ (100,903)
Gain on settlement of debt			-	(38,100)
Items not affecting cash:
Changes in non-cash working capital items:
Amortization of equipment		12,116		104			12,831	308
Decrease in receivables			(10,734)	-
Gain on settlement of debt		-		-			-	(15,000)
Decrease in prepaid expenses			(737)	(955)
Non-controlling interest		(92,900)		-			(138,634)	-
Increase (decrease) in accounts payable and accrued liabilities			213,923	(12,102)
Stock based compensation		271,566		-			271,566	-
Decrease in income and other taxes payable			-	827
Changes in non-cash working capital items:
Net cash flows provided by (used in) operating activities			128,171	(39,345)
Increase in receivables		(485)		(2,712)			(13,556)	(8,495)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES
Increase in prepaid expenses		(18,397)		-			(29,643)	-
Deferred costs			22,092	-
Increase (decrease) in accounts payable and accrued liabilities		(40,649)		28,319			(24,120)	(3,998)
Due to shareholder			142,363
Decrease in income and other taxes payable		-		(282)			-	(4,670)
Repayment of long-term debt			-	(45,000)
Net cash flows provided by (used in) operating activities		(260,247)		(32,784)			(500,731)	(132,758)
Issuance of common shares, net of share issuance costs			1,784,085	-
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES
Net cash flows provided by (used in) financing activities			1,948,540	(45,000)
Deferred costs		-		-			22,092	-
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES
Due to related party		(7,077)		-			140,660	-
Demand promissory note			132,556	-
Repayment of long-term debt		-		-			-	(45,000)
Equipment			(395)	-
Issuance of common shares, net of share issuance costs		70,225		-			2,106,742	308,510
Non-controlling interests			800,654
Net cash flows provided by (used in) financing activities		63,148		-			2,269,494	263,510
Patent applications and technology			(1,077,669)	-
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES
Net cash flows used in investing activities			(144,854)	-
Demand promissory note		-		-			132,556	-
Change in cash during the period			1,931,857	(85,345)
Equipment		(230,573)		-			(239,194)	-
Cash, beginning of period			101,315	190,304
Non-controlling interests		-		-			800,654	-
Cash, end of period		$	2,033,172	$	104,959
Patent applications and technology		(1,587)		-			(1,091,374)	-
Supplemental disclosure with respect to cash flows (Note 11) The accompanying notes are an integral part of these interim consolidated financial statements.
Net cash flows used in investing activities		(232,160)		-			(397,358)	-
Change in cash during the period		(429,259)		(32,874)			1,371,005	130,752
Cash, beginning of period		1,901,579		353,840			101,315	190,304
Cash, end of period		$ 1,472,320		$ 321,056			$ 1,472,320	$ 321,056

Supplemental disclosure with respect to cash flows (Note 11)

The accompanying notes are an integral part of these interim consolidated financial statements.

ADVANCED PROTEOME THERAPEUTICS CORPORATION

(Formerly Advanced Proteome Therapeutics (Canada) Inc.)

INTERIM CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (DEFICIENCY)

Unaudited – prepared by management

(Expressed in U.S. Dollars)

~~Three~~Nine months ended ~~October~~April 3130, ~~2006~~2007 and ~~2005~~2006

	~~Number of~~	Number of		~~Contributed~~		Contributed
	~~Shares~~	~~Amount~~Shares		~~Surplus~~Amount		~~Deficit~~Surplus		~~Total~~Deficit		Total
Balance, July 31, 2006	~~26,507,297~~	826,~~101~~507,~~117~~297		~~505~~$ 8,~~236~~101,117		$ 505,236	~~(8,266,291)~~	$ (8,384,873)	~~221,480~~	$ 221,480
Issue of common shares for cash	25,000,000	2,224,207							2,224,207
Issue of common shares for cash pursuant to a private placement		25,000,000		2,224,207		-		-		2,224,207
Issue of agents warrants	-	-		85,000		-			85,000
Issue of common shares for cash pursuant to the exercise of warrants		3,501,667		322,391		-		-		322,391
Issue of common shares as a finders’ fee	500,000	44,484		-		-			44,484
Issue of agents warrants		-		-		85,000		-		85,000
Share issuance costs	-	(569,606)		-		-			(569,606)
Issue of common shares as a finders’ fee		500,000		44,484		-		-		44,484
Net loss	-	-		-		(74,425)			(74,425)
Share issuance costs		-		(569,741)		-		-		(569,741)
Balance, October 31, 2006	52,007,297	$	9,800,202	$	590,236	$	(8,271,774)	$	1,931,140
Stock based compensation		-		-		271,566		-		271,566
Net loss		-		-		-		(579,175)		(579,175)
Balance, April 30, 2007		55,508,964		$ 10,122,459		$ 861,802		$ (8,964,048)		$ 2,020,213

	~~Number of~~	Number of	~~Contributed~~			Contributed
	~~Shares~~	~~Amount~~Shares	~~Surplus~~	~~Deficit~~Amount	~~Total~~	Surplus	Deficit	Total
Balance, July 31, 2005	20,007,297	$ 7,801,123	$ 505,236	$ (8,247,419)	$	58,940
				(Restated)				(Restated)
Net loss	-	-	-	(9,841)		(9,841)
Balance, July 31, 2005		20,007,297		$ 7,801,123		$ 505,236	$ (8,247,419)	$ 58,940
Balance, October 31, 2005	20,007,297	$ 7,801,123	$ 505,236	$ (8,237,578)	$	68,781
Issue of common shares for cash		6,000,000		308,510		-	-	308,510
The accompanying notes are an integral part of these interim consolidated financial statements
Issue of common shares as a finders’ fee		500,000		25,709		-	-	25,709
Share issuance costs		-		(25,709)		-	-	(25,709)
Net loss		-		-		-	(100,903)	(100,903)
Balance, April 30, 2006		26,507,297		$ 8,101,117		$ 505,236	$ (8,348,322)	$ 266,547

The accompanying notes are an integral part of these interim consolidated financial statements.

ADVANCED PROTEOME THERAPEUTICS CORPORATION

(Formerly Advanced Proteome Therapeutics (Canada) Inc.)

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS

Unaudited – prepared by management

(Expressed in U.S. Dollars)

~~October~~April 3130, ~~2006~~ 2007

NATURE AND CONTINUANCE OF OPERATIONS

The Company was incorporated in British Columbia, Canada on December 12, 2005 under the name Advanced Proteome Therapeutics (Canada) Inc., as a wholly-owned subsidiary of Thrilltime Entertainment International, Inc. (“Thrilltime”). As at July 31, 2006 the Company had no principal business activity. The Company was specifically incorporated for the purpose of completing an acquisition of Advanced Proteome Therapeutics, Inc. (“APTI”), a bio-tech company located in the United States (Note 4). The Company subsequently changed its name, on August 15, 2006, to Advanced Proteome Therapeutics Corporation and completed the acquisition of APTI effective on October 25, 2006 and a plan of arrangement with Thrilltime. The result was the Company acquired a 56% interest in APTI for consideration of $2,045,254 USD ($2,300,000 Cdn) and concurrently exchanged all of the shares of Thrilltime for shares of the Company. As a result the Company was identified as the acquirer pursuant to the business combination, and Thrilltime became the wholly owned subsidiary of the Company. These financial statements have been accounted for as a continuity of interests with Thrilltime.

APTI is a biotechnology company founded to develop and commercialize a platform that is intended to use advanced protein modification technologies to create proprietary human protein pharmaceuticals with enhanced therapeutic properties.

These consolidated financial statements have been prepared on a going concern basis which assumes that the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. The continuing operations of the Company are dependent upon its ability to continue to raise adequate financing and to develop profitable operations in the future. The Company generated operating losses in the ~~three~~nine months ended ~~October~~April 3130, ~~2006~~2007 and fiscal year ended July 31, 2006. The application of the going concern concept is dependent on the Company’s ability to obtain a viable operation and receive continued financial support from its shareholder and from external financing. Management is of the opinion that sufficient working capital will be obtained from external financing to meet the Company’s liabilities and commitments.

There can be no assurances that the Company will be successful in raising additional cash to finance operations or that the continued support of creditors and shareholders will be available. The consolidated financial statements do not include any adjustments relating to the recoverability of assets and classification of assets and liabilities that might be necessary should the Company be unable to continue as a going concern.

		October 31 2006	July 31 2006
		April 30 2007	July 31 2006
Working capital	$	$ 1,~~794~~503,~~123~~042	$ 29,539	~~29,539~~
Deficit		(8,~~459~~964,~~298~~048)	(8,384,873)	~~(8,384,873)~~

ADVANCED PROTEOME THERAPEUTICS CORPORATION

(Formerly Advanced Proteome Therapeutics (Canada) Inc.)

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS

Unaudited – prepared by management

(Expressed in U.S. Dollars)

~~October~~April 3130, ~~2006~~ 2007

SIGNIFICANT ACCOUNTING POLICIES

Basis of presentation and consolidation

These consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, Thrilltime Entertainment International, Inc. a Canadian company incorporated under the laws of British Columbia., and Superstar Dragsters, Inc. and Skycoaster, Inc., both incorporated under the laws of the State of Nevada, U.S.A..

The accounts of the Company’s 56% owned subsidiary, Advanced Proteome Therapeutics, Inc., incorporated under the laws of the State of Deleware, has been consolidated effective the date of its acquisition on October 25, 2006.

These financial statements have been prepared in accordance with Canadian generally accepted accounting principles (“Canadian GAAP”) which are substantially in accordance with United States generally accepted accounting principles (“U.S. GAAP”), except as disclosed in Note 14. All significant inter-company transactions have been eliminated on consolidation.

Use of estimates

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

Cash and cash equivalents

Cash and cash equivalents include cash on hand, demand deposits and short term, highly liquid investments that are readily convertible to known amounts of cash within ninety days of deposit.

Comparative figures

Certain of the prior periods comparative figures have been ~~reclassified~~ restated to conform to the presentation adopted for the current period.

Earnings (loss) per share

Basic earnings (loss) per share are computed by dividing net income (loss) by the weighted average number of shares outstanding during the reporting period. Diluted earnings per share are computed similar to basic earnings per share except that the weighted average shares outstanding are increased to include additional shares from the assumed exercise of stock options and warrants, if dilutive. The number of additional shares is calculated by assuming that outstanding stock options were exercised and that the proceeds from such exercises were used to acquire shares of common stock at the average market price during the reporting period.

Equipment

Equipment is recorded at cost and is amortized over their remaining estimated useful economic life as follows:

Office and computer equipment

Declining-balance basis at between 20% and 30% per annum

ADVANCED PROTEOME THERAPEUTICS CORPORATION

(Formerly Advanced Proteome Therapeutics (Canada) Inc.)

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS

Unaudited – prepared by management

(Expressed in U.S. Dollars)

~~October~~April 3130, ~~2006~~ 2007

SIGNIFICANT ACCOUNTING POLICIES (cont’d…)

Deferred costs and share issue costs

Deferred costs consist primarily of corporate finance fees, legal fees and sponsorship fees directly identifiable with raising capital or acquiring a business or assets. These costs are deferred until the issuance of the shares or a completion of a business acquisition to which the costs relate, at which time the costs will be charged against the related capital stock or asset or charged to operations if the transactions are not completed.

Income taxes

The Company follows the asset and liability method of accounting for income taxes whereby future income taxes are recognized for the future income tax consequences attributable to differences between the financial statement carrying values and their respective income tax bases (temporary differences). Future income tax assets and liabilities are measured using enacted or substantively enacted income tax rates expected to apply to taxable income in the years in which temporary differences are expected to be recovered or settled. The effect on future income tax assets and liabilities of a change in tax rates is included in income in the period in which the change occurs. The amount of future income tax assets recognized is limited to the amount that is more likely than not to be realized.

Patent applications and technology

The costs incurred to acquire options and/or rights to technologies and also the costs to register patents on these technologies have been capitalized and will be amortized over the estimated useful lives of the technology commencing upon its commercial release.

Research costs are expensed as incurred. Development costs are expensed as incurred except when the costs associated with the process are clearly identifiable, the Company has indicated its intention to use the process and funding for continued development is available. In these circumstances, the costs are deferred and amortized on a systematic basis.

Management continuously assesses the recoverability of the Company’s technology. When management believes that the Company will no longer pursue an option, patent or right, or if management concludes that it is recorded at an amount in excess of its net recoverable amount, the cost associated with the option, patent or right is written off or written down

Stock-based compensation

Stock options and direct awards of stock granted to employees and non-employees are recorded at fair value on the date of grant and the associated expense is amortized over the vesting period. The Company issues shares and share options under its share-based compensations plans. Any consideration paid upon exercise of the share options or purchase of shares is credited to share capital.

The Company has adopted the fair value based method of accounting for all stock-based compensation.

ADVANCED PROTEOME THERAPEUTICS CORPORATION

(Formerly Advanced Proteome Therapeutics (Canada) Inc.)

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS

Unaudited – prepared by management

(Expressed in U.S. Dollars)

~~October~~April 3130, ~~2006~~ 2007

SHARE EXCHANGE AGREEMENT

Effective October 25, 2006 the Company acquired 100% of the outstanding common shares of Thrilltime and its wholly-owned subsidiaries, Superstar Dragsters, Inc. and Skycoaster, Inc.. The Company exchanged 52,007,297 common shares of the Company for all of the issued and outstanding common shares of Thrilltime.

For accounting purposes, the share exchange is accounted for by combining the net book value of the assets, liabilities and shareholders’ equity of the Company and Thrilltime. The exchange of shares does not result in a revaluation of the net assets and liabilities of the companies since there is no change in the overall control of the companies involved. These interim consolidated financial statements are based on the assumption that the companies were combined for the prior and current accounting periods.

BUSINESS COMBINATION AND NON-CONTROLLING INTEREST

Effective October 25, 2006 the Company acquired 56% of the outstanding common shares of APTI for

consideration in the amount of $2,045,254 USD ($2,300,000 Cdn), comprising a cash payment of $1,779,518 USD ($2,000,000 Cdn) and the conversion of a demand promissory note (Note5) in the amount of $265,736 USD ($300,000 Cdn).

The acquisition has been accounted for by the purchase method and the operations of APTI have been included in the interim consolidated financial statements from the date of acquisition.

The purchase price was allocated as follows:

Cash	$	$ 38,957
Equipment		396
Deferred charges		86,250
Patent applications and technology		1,077,669
Accounts payable and accrued liabilities		(83,495)
Promissory note payable		(176,760)
Due to shareholder		(142,363)
Due to related party (Note 13)		(142,363)
Non-controlling interest		(800,654)
	$	2,045,254
		$ 2,045,254


	Non-controlling interest
	Incurred upon acquisition of business combination (above)		(800,654)
	Non-controlling portion of loss from operations (44% of $315,078)		138,634
			$ 662,020

DEMAND PROMISSORY NOTE

On May 25, 2006 the Company entered into a letter of intent with APTI, which was completed on October 25, 2006 (Note 4). Pursuant with the letter of intent the Company agreed to loan APTI up to $300,000 Cdn. As at July 31, 2006 the demand promissory note of $132,556 USD ($150,000 Cdn) was advanced to APTI, bore interest at 1% per annum, was secured by a promissory note and was due on demand. The note was convertible to 4,000,000 shares of APTI subject to certain conditions. As at October 25, 2006 a further $44,204 USD ($50,000 Cdn) and $89,260 USD ($100,000 Cdn) was advanced and the note was applied to the purchase price of the acquisition of APTI (Note 4).

ADVANCED PROTEOME THERAPEUTICS CORPORATION

(Formerly Advanced Proteome Therapeutics (Canada) Inc.)

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS

Unaudited – prepared by management

(Expressed in U.S. Dollars)

~~October~~April 3130, ~~2006~~ 2007

DEMAND PROMISSORY NOTE

EQUIPMENT

October 31, 2006	Cost	Accumulated Amortization	Net Book Value
April 30, 2007	Cost		Accumulated Amortization	Net Book Value
Office equipment	$ 16,424	$ 14,058	$ 2,366
Office and laboratory equipment	$ 246,998		$ 25,939	$ 221,059
Computer equipment	8,224		$ 806	7,418
	$ 255,222		$ 26,745	$ 228,477

July 31,2006	Cost	Accumulated Amortization	Net Book Value
July 31, 2006	Cost	Accumulated Amortization	Net Book Value
Office equipment	$ 16,028	$ 13,914	$ 2,114

LONG-TERM DEBT

Note payable bearing interest at 5% per annum

A promissory note in the principal sum of $ 60,000, as at July 31, 2005 was due on demand and bore interest at 18% per annum. During the fiscal year ended July 31, 2006 the Company settled the long-term debt of $60,000 and all accrued interest of $23,100 by way of a one-time payment of $ 45,000, resulting in a gain of $ 38,100.

SEGMENTED INFORMATION

The Company currently conducts substantially all of its operations in the United States in one business segment.

COMMITMENTS AND CONTINGENCIES

InThe ~~addition~~Company is committed to ~~the~~lease ~~commitments~~premises ~~and~~at ~~contingencies~~a ~~disclosed~~monthly ~~elsewhere~~rent inof ~~these~~$ ~~financial~~6,250 ~~statements~~for a period of 1 year, ~~the~~commencing 1, ~~Company~~2007, ~~has~~with ~~aggregate~~an ~~office~~option ~~lease~~to ~~and~~extend ~~estimated~~the lease ~~cost~~for ~~commitments~~1 ~~approximately~~additional ~~as follows:~~year.

	2007	$ 3,174
	2008	1,057
		$ 4,231

ADVANCED PROTEOME THERAPEUTICS CORPORATION

(Formerly Advanced Proteome Therapeutics (Canada) Inc.)

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS

Unaudited – prepared by management

(Expressed in U.S. Dollars)

~~October~~April 3130, ~~2006~~ 2007

10.

CAPITAL STOCK

Share issuances

Concurrent with, and as a condition precedent to a plan of arrangement with its wholly-owned subsidiary, on October 24, 2006 Thrilltime completed a brokered and non-brokered private placement of 25,000,000 units at a price of $0.10 Cdn per unit for gross proceeds of $ 2,224,207 USD ($2,500,000 Cdn). Each unit is comprised of one common share and one-half share purchase warrant, each warrant exercisable at a price of $0.15 Cdn per share for a period of one year. A cash commission of 8% ($177,936 USD) was paid to the selling agent and the selling group, and to finders on the non-brokered portion at closing. The agent was also issued 3,440,367 agent’s warrants for its services at a deemed value of $85,000 USD, exercisable into one common share of the Company at a price of $0.10 Cdn per unit for a period of one year. Thrilltime paid $35,590 USD ($40,000 Cdn) in expenses relating to this transaction and issued 500,000 common shares of the Company as sponsorship fees at a deemed value of $ 0.10 Cdn per share ($ 44,485 USD ($50,000 Cdn)).

As at July 31, 2006 the Thrilltime had incurred $57,271 USD of deferred costs in connection with these transactions.

Effective October 25, 2006, the Company completed its acquisition of APTI (Note 4). The result was that the Company acquired a 56% interest in APTI and concurrently exchanged 52,007,297 of the shares of the Company for shares of Thrilltime. As a result of the share exchange agreement (Note 3), Thrilltime has become a wholly owned subsidiary of the Company. These and future financial statements of the Company will be accounted for as a continuity of interests in the name of the Company.

The Company received proceeds of $252,032 USD ($296,667 Cdn) from the exercise of warrants at a price of $0.10 Cdn per share.

Stock options

The Company has a stock option plan (“the Plan”) that allows the directors to grant stock options to purchase up to a10% ~~total~~ of 3issued and outstanding totalling 5,~~407~~200,~~850~~729 common shares, provided that stock options in favour of any one individual may not exceed 5% of the issued and outstanding shares. No stock option granted under the Plan is transferable by the optionee other than by will or the laws of descent and distribution, and each stock option is exercisable during the lifetime of the optionee only by such optionee.

The exercise price of all stock options granted under the Plan must not be less than the Discounted Market Price (the last closing price of the listed shares before the date of the grant, less the applicable discounts), subject to a minimum price of $0.10 Cdn per share, and the maximum term of each stock option may not exceed five years. Vesting is provided at the discretion of the directors and once vested, options are exercisable at any time. Any shares issued on the exercise of stock options must be legended with a four-month holding period commencing on the date the stock options were granted.

ADVANCED PROTEOME THERAPEUTICS CORPORATION

(Formerly Advanced Proteome Therapeutics (Canada) Inc.)

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS

Unaudited – prepared by management

(Expressed in U.S. Dollars)

~~October~~April 3130, ~~2006~~ 2007

10.

CAPITAL STOCK (cont’d…)

Stock options (cont’d…)

Stock option transactions and the number of share options outstanding are summarized as follows:

	Number Of Options	~~Weighted Average Exercise Price~~	Weighted Average Exercise Price
Balance, July 31, 2005	1,900,000	~~0.10 Cdn~~	0.10 Cdn
Expired or cancelled	(1,900,000)	~~(0.10) Cdn~~	(0.10) Cdn
Balance, July 31, 2006 and October 31, 2006	Nil	$ Nil
Balance, July 31, 2006	Nil		$ Nil
Number of options currently exercisable	Nil	$ Nil
Granted and outstanding at April 30, 2007	4,300,000		$ 0. 20 Cdn
Number of options currently exercisable	4,300,000		$ 0. 20 Cdn

During the fiscal year ended July 31, 2006, all options expired unexercised.

During the nine months ended April 30, 2007 the Company granted incentive stock options to directors, officers, employees and consultants to purchase up to an aggregate of 4,300,000 common shares exercisable on or before February 16, 2012 at a price of $0.20 Cdn per share. 1,900,000 of these stock options vested immediately, and the remaining 2,400,000 vest at a rate of 25% every year over the next three years, and expire over a life of 5 years. For the three months ended April 30, 2007 the Company recorded a total of $ 271,566 in stock based compensation expense related to stock options in the consolidated statement of operations.

Subsequent to April 30, 2007 the Company granted incentive stock options to directors, officers, employees and consultants to purchase up to an aggregate of 300,000 common shares exercisable on or before April 10, 2012 at a price of $0.30 Cdn per share.

Stock options to purchase shares from the Company are granted to directors and employees of the Company on the terms and conditions acceptable to the applicable securities regulatory authorities in Canada, in particular the TSX Venture Exchange (TSX-V).

Warrants

As at October 31, 2006 the following warrants were outstanding:

	Number Of Warrants	Weighted Average Exercise Price
Balance, July 31, 2006, expiring November 25, 2006	3,000,000	$	0.10 Cdn
Issued pursuant to private placement, expiring October 24, 2007	12,500,000	(0.15) Cdn
Agents warrants, expiring October 24, 2007	3,440,367	0.10 Cdn
Balance, October 31, 2006	18,940,367	$	0.11 Cdn

2,966,667 warrants were exercised subsequent to October 31, 2006 for proceeds of $ 296,667 Cdn.

ADVANCED PROTEOME THERAPEUTICS CORPORATION

(Formerly Advanced Proteome Therapeutics (Canada) Inc.)

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS

Unaudited – prepared by management

(Expressed in U.S. Dollars)

~~October~~April 3130, ~~2006~~ 2007

10.

CAPITAL STOCK (cont’d…)

Warrants

As at April 30, 2007 the following warrants were outstanding:


	Number Of Warrants		Weighted Average Exercise Price


Balance, July 31, 2006, expiring November 25, 2006	3,000,000	$	0.10 Cdn

Exercised on or before November 25, 2006	(2,966,667)	$	(0.10) Cdn

Expired as of November 25, 2006	(33,333)	$	(0.10) Cdn

Issued pursuant to private placement, expiring October 24, 2007	12,500,000	$	0.15 Cdn
Less warrants exercised in the three months ended April 30, 2007	(535,000)	$	(0.15) Cdn
	11,965,000	$	0.15 Cdn

Agents warrants, expiring October 24, 2007	3,440,367		0.10 Cdn

Balance, April 30, 2007	15,405,367	$	0.14 Cdn

11.

SUPPLEMENTAL DISCLOSURE WITH RESPECT TO CASH FLOWS

Supplemental cash flow disclosure and non-cash financing and investing activities are as follows:

	July 31, 2006		July 31, 2005
	April 30 2007	April 30 2006
Interest paid	$ -	$ -	$	-
Income taxes paid	-	-

The significant non-cash transactions for the period ended ~~October~~April 3130, ~~2006~~2007 consisted of :

The issuance of 500,000 common shares valued at $44,484 USD ($50,000 Cdn) as a sponsor fee relating to the private placement of 25,000,000 units.

The issuance of 3,440,367 agent’s warrants valued at $ 85,000 USD ($95,540 Cdn) for services related to the private placement of 25,000,000 units, .

~~11.~~ADVANCED PROTEOME THERAPEUTICS CORPORATION

(Formerly Advanced Proteome Therapeutics (Canada) Inc.)

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS

Unaudited – prepared by management

(Expressed in U.S. Dollars)

April 30, 2007

12.

FINANCIAL INSTRUMENTS

The Company's financial instruments consist of cash, receivables, demand promissory note, accounts payable and accrued liabilities, the carrying values of which approximate fair value due to the immediate or short-term maturity of these financial instruments. Unless otherwise noted, it is management's opinion that the Company is not exposed to significant interest or credit risks arising from these financial instruments. The fair value of these financial instruments approximates their carrying value, unless otherwise noted.

The Company is exposed to financial risk arising from fluctuations in foreign exchange rates and the degree of volatility in those rates. The Company does not use derivative instruments to reduce its exposure to foreign currency risk.

1213.

RELATED PARTY TRANSACTIONS

The Company entered into the following transactions with related parties:

During the ~~three~~nine month period ended ~~October~~April 3130, ~~2006~~2007 the Company paid or accrued $932,~~279~~848, (~~2005~~2006 - $418,~~248~~554) to adirectors ~~director~~ and ~~officer~~officers for consulting.

Included within amounts due to related party, is $140,660 payable to an officer and director, secured by a promissory note bearing interest at a rate of 5% per annum, maturing on December 31, 2008. Annual interest in the amount of $7,076, due as of December 31, 2006, was accrued in the accounts and paid during the nine months ending April 30, 2007 (2006 - $nil).

These transactions were in the normal course of operations and were measured at the exchange amount, which is the amount of consideration established and agreed to by the related parties.

ADVANCED PROTEOME THERAPEUTICS CORPORATION

(Formerly Advanced Proteome Therapeutics (Canada) Inc.)

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS

Unaudited – prepared by management

(Expressed in U.S. Dollars)

October 31, 2006

14.

DIFFERENCES BETWEEN CANADIAN AND UNITED STATES GENERALLY ACCEPTED ACCOUNTING PRINCIPLES

Accounting practices under Canadian and United States generally accepted accounting principles (“GAAP”), as they affect the Company are substantially the same except for the following:

Convertible securities

Under Canadian GAAP, convertible securities are split into their liability and equity components based on their fair values at the time of issuance. Subsequent to initial recognition, the implied debt discount is recognized as additional interest expense over the term to maturity. Under U.S. GAAP , the intrinsic value of the embedded beneficial conversion feature of convertible securities issued with a non-detachable conversion feature that are in-the-money at the date of issuance is allocated to additional paid-in capital. The amount allocated is to be accounted

for as additional interest expense over the minimum period in which the holder can realize its return. The beneficial conversion option on previously issued convertible debt at the date of its issuance was $975,000. The deemed

discount attributable to this beneficial conversion option was amortized to interest expense over the period to the first conversion date.

AsADVANCED aPROTEOME ~~result~~THERAPEUTICS of these differences and settlement of the convertible securities, the value of share capital issued on conversion of convertible securities in 1999 would be increased by $9,000, the contributed surplus from the discharge component of the convertible securities for the three months ended October 31, 2006, would increase by $479,619 (July 31, 2006 - $479,619) and deficit at October 31, 2006 would increase by $479,619 (July 31, 2006 - $479,619).CORPORATION

~~Differences~~(Formerly ~~affecting~~Advanced ~~the~~Proteome ~~Company’s~~Therapeutics ~~financial~~(Canada) ~~statements are summarized as follows:~~Inc.)

	October 31 2006		July 31 2006
Income (loss) for the period under U.S. and Cdn. GAAP	$	(74,425)	$	(137,454)
Earnings (loss) per common share under U.S. and Cdn. GAAP	$	(0.01)	$	(0.01)

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS

~~THRILLTIME~~Unaudited ~~ENTERTAINMENT~~– ~~INTERNATIONAL,~~prepared ~~INC.~~by management

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in U.S. Dollars)

~~July~~April 3130, ~~2006~~2007

14.

DIFFERENCES BETWEEN CANADIAN AND UNITED STATES GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (cont’d…)

As a result of these differences and settlement of the convertible securities, the value of share capital issued on conversion of convertible securities in 1999 would be increased by $9,000, the contributed surplus from the discharge component of the convertible securities for the nine months April 30, 2007, would increase by $479,619 (July 31, 2006 - $479,619) and deficit at April 30, 2007 would increase by $479,619 (July 31, 2006 - $479,619).

Differences affecting the Company’s financial statements are summarized as follows:


	April 30 2007	July 31 2006

Income (loss) for the period under U.S. and Cdn. GAAP	$ (579,175)	$ (137,454)
Earnings (loss) per common share under U.S. and Cdn. GAAP	$ (0.01)	$ (0.01)

Convertible securities (cont’d…)

		Under Canadian GAAP	Adjustments to reconcile to U.S. GAAP	~~Adjustments to reconcile to U.S. GAAP~~	Under U.S. GAAP		~~Under U.S. GAAP~~
October 31, 2006
April 30, 2007
Issued share capital	$	9$ 10,~~800~~122,~~202~~459	$ 9,000	~~9,000~~	$ 10,131,459	$	~~9,809,202~~
Contributed surplus		~~590~~861,~~236~~802	479,619	~~479,619~~	1,341,421		~~1,069,855~~
		10,390,438		488,619			10,879,057
		10,984,261	488,619		11,472,880
Deficit, beginning of period		(8,384,873)	(479,619)	~~(479,619)~~	(8,864,492)		~~(8,864,792)~~
Income (loss) for the period		(74579,~~425~~175)	-	-	(579,175)		~~(74,425)~~
Deficit, end of period		(8,~~459~~964,~~298~~048)	(479,619)	~~(479,619)~~	(9,443,667)		~~(8,938,917)~~
Shareholders’ equity	$	1$ 2,~~931~~020,~~140~~213	$ 9,000	~~9,000~~	$ 2,029,213	$	~~1,940,140~~


	Under Canadian GAAP	Adjustments to reconcile to U.S. GAAP	Under U.S. GAAP
July 31, 2006
Issued share capital	$ 8,101,117	$ 9,000	$ 8,110,117
Contributed surplus	505,236	479,619	984,855
	8,606,353	488,619	9,094,972

Deficit, beginning of year	(8,247,419)	(479,619)	(8,727,038)
Income for the year	(137,454)	-	(137,454)
Deficit, end of year	(8,384,873)	(479,619)	(8,864,492)
Shareholders’ equity	$ 221,480	$ 9,000	$ 230,480

~~There~~ADVANCED ~~were~~PROTEOME noTHERAPEUTICS ~~differences affecting the Company’s statement of cash flows for three months ended October 31, 2006 or the fiscal year ended July 31, 2006.~~CORPORATION

(Formerly Advanced Proteome Therapeutics (Canada) Inc.)

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS

Unaudited – prepared by management

(Expressed in U.S. Dollars)

April 30, 2007

14.

DIFFERENCES BETWEEN CANADIAN AND UNITED STATES GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (cont’d…)

There were no differences affecting the Company’s statement of cash flows for nine months ended April 30, 2007 or the fiscal year ended July 31, 2006.

15.

SUBSEQUENT EVENTS

2Subsequent to April 30,~~966,667~~ ~~warrants~~2007 ~~were~~the ~~exercised~~Company ~~subsequent~~granted incentive stock options to ~~October~~directors, 31officers, ~~2006~~employees ~~for~~and ~~proceeds~~consultants to purchase up to an aggregate of $300,000 ~~296~~common shares exercisable on or before April 10,~~667~~ 2012 at a price of $0.30 Cdn per share.

Exhibit 99.2

ADVANCED PROTEOME THERAPEUTICS CORPORATION

Management’s Discussion and Analysis of Financial Condition and Results of Operations for the ~~Three~~Nine Months Ended ~~October~~April 3130, ~~2006~~2007

~~October~~April 3130, ~~2006~~2007

The following discussion and analysis should be read in conjunction with the financial statements and notes for the ~~three~~Nine ~~months~~Months ~~ended~~Ended ~~October~~April 3130, ~~2006~~2007 accompanying this report. All monetary amounts, unless otherwise indicated, are expressed in United States dollars. Additional information relating to the Company, including the Annual Information Form and other regulatory filings, can be found on the SEDAR website at www.sedar.com

Forward-Looking Statements

Certain statements contained in this document constitute “forward-looking statements”. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “propose”, “anticipate”, “believe”, “forecast”, “estimate”, “expect” and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the Company’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. The Company does not intend, and does not assume any obligation, to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments.

Overview

APT is a biotechnology company founded to develop and commercialize a new, promising technology platform that is intended for the chemical modification of protein therapeutics. The platform anticipates important practical applications in the field of protein therapeutics by producing novel protein conjugates (therapeutic proteins whose properties are modified and further enhanced by chemically attached entities). APT's technology involves a way of potentially using proprietary ensembles of molecules to site-selectively modify therapeutic proteins to improve critical properties, i.e., duration of action. Such a "chemoselective" methodology has heretofore been lacking in the fields of chemistry and biochemistry.

APT intends to use advanced protein modification technologies to create proprietary human protein pharmaceuticals with enhanced therapeutic properties. Most protein pharmaceuticals are rapidly eliminated by the body, which limit their effectiveness and require that they be administered by frequent, often daily, injection. By selectively attaching life-time enhancing entities to therapeutic proteins, APT products ~~will~~are beexpected ~~designed~~ to last longer in the body. This feature will allow them to be administered less frequently, such as once per week to once per month, and maximize their therapeutic benefits to patients. Historically, loss of biological activity and product heterogeneity have been the two most common problems encountered in the development of long-acting protein pharmaceuticals. The targeted protein modification technologies used by APT is intended to overcome these problems.

During this quarter the Company has ~~been~~established ~~engaged in transitional activities involving relocation to~~ laboratories in Boston, Massachusetts ~~and recruitment of laboratory scientists. The Company has identified laboratory and office space~~ at the Boston University Discovery and Innovation Center, 650 Albany Street, Boston, MA 02118. ~~and~~The business ~~plans~~operations have been relocated to ~~occupy~~the Boston area and the ~~facility~~Albany ~~beginning~~Street ~~January~~laboratory. 1The laboratory has been equipped, ~~2007.~~and ~~Consistent~~contracts established with ~~this~~service ~~objective,~~providers. ~~the~~R&D ~~quarter~~activities ~~has~~have ~~been~~begun ~~devoted~~and toAPC’s ~~recruitment~~first proprietary ensembles of ~~core~~molecules ~~laboratory~~using ~~personnel,~~a ~~maintenance~~combination of ~~intellectual~~automation ~~property~~and ~~filings~~organic ~~and~~chemical ~~relocating~~synthesis have ~~business~~been ~~operations~~generated tofor the ~~Boston~~screening ~~area~~of protein targets.

To the extent possible, management endeavors to implement strategies aimed at reducing or mitigating the risks and uncertainties associated with the Company’s business. Operating risks include (i) market acceptance of the Company’s technology and products, (ii) the Company’s ability to obtain and enforce timely patent protection of its technology and products, (iii) the Company’s ability to manufacture its products cost effectively; (iv) the competitive environment and impact of technological change, and (v) the continued availability of capital to finance the Company’s activities.

Critical Accounting Policies and Estimates

The attached consolidated financial statements have been prepared on the basis that the Company will continue as a going concern, which assumes the realization of assets and the settlement of liabilities in the normal course of business. The appropriateness of the going concern assumption is dependent upon the Company’s ability to generate future profitable operations and/or generate continued financial support in the form of share issuances. The Company plans to issue more securities at such time as it believes additional capital could be obtained on favorable terms; however, there can be no assurance that such funds can be available on favorable terms, if at all.

These consolidated financial statements are prepared in accordance with accounting principles generally accepted in Canada and include the accounts of the Company and its wholly-owned US subsidiary, Advanced Proteome Therapeutics Inc..

Use of Estimates

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

Equipment

Equipment is recorded at cost and is amortized over their remaining estimated useful economic life as ~~follows:~~

~~Office equipment Declining-balance basis at between 20% and 30% per annum~~follows:

Office, laboratory and computer equipment - Declining-balance basis at between 20% and 30% per annum

Patent application and technology

The costs incurred to acquire options and/or rights to medical technologies and also the costs to register patents on these technologies have been capitalized and will be amortized over the estimated useful lives of the technology commencing upon its commercial release.

Research costs are expensed as incurred. Development costs are expensed as incurred except when the costs associated with the process are clearly identifiable, the Company has indicated its intention to use the process and funding for continued development isas available. In these circumstances, the costs are deferred and amortized on a systematic basis.

Stock option plan

All The Company has a stock option plan (“the Plan”) that allows the directors to grant stock options to purchase up to 10% of issued and outstanding totalling 5,200,729 common shares, provided that stock options in favour of any one individual may not exceed 5% of the issued and outstanding shares. No stock option granted under the Plan is transferable by the optionee other than by will or the laws of descent and distribution, and each stock option is exercisable during the lifetime of the optionee only by such optionee.

- 2 -

~~The~~Stock exercise price of all stock options granted under the Plan must not be less than the Discounted Market Price (the last closing price of the listed shares before the date of the grant, less the applicable discounts), subject to a minimum price of Cdn. $0.10 per share, and the maximum term of each stock option may not exceed five years. Vesting is provided at the discretion of the directors and once vested, options are exercisable at any time. Any shares issued on the exercise of stock options must be legended with a four-month holding period commencing on the date the stock options were granted.plan

All The Company has a stock option plan (“the Plan”) that allows the directors to grant stock options to purchase up to 10% of issued and outstanding totalling 5,550,896 common shares, provided that stock options in favour of any one individual may not exceed 5% of the issued and outstanding shares. No stock option granted under the Plan is transferable by the optionee other than by will or the laws of descent and distribution, and each stock option is exercisable during the lifetime of the optionee only by such optionee.

The exercise price of all stock options granted under the Plan must not be less than the Discounted

Market Price (the last closing price of the listed shares before the date of the grant, less the applicable discounts), subject to a minimum price of Cdn. $0.10 per share, and the maximum term of each stock option may not exceed five years. Vesting is provided at the discretion of the directors and once vested, options are exercisable at any time. Any shares issued on the exercise of stock options must be legended with a four-month holding period commencing on the date the stock options were granted.

Share issue costs and deferred costs

Future income taxes

Financial instruments

The Company has various financial instruments including cash, receivables, payables and accruals, interest bearing advances and capital leases. It was not practicable to determine the fair value of the advances as there are no specified terms of repayment. The carrying value of all other financial instruments approximates their fair value.

Earnings (loss) per share

- 3 -

Outstanding Share Data

The authorized share capital of Advanced Proteome Therapeutics Corporation is an unlimited number of common shares, without par value. At ~~October~~April 3130, ~~2006~~2007 31 there were 5255,~~007~~508,~~297~~964 shares outstanding (July 31, 2006: 26,507,297). There are 1815,~~940~~405,367 common shares allocable for issuance upon the exercise of common share purchase warrants (July 31, 2006: 3,000,000) and no4,300,000 common shares granted for issuance upon the exercise of stock options.

Results of Operations

Net Loss

The consolidated net loss for the ~~three~~Nine ~~months~~Months ~~ended~~Ended ~~October 31~~April 30, ~~2006~~2007, was ($74(579,~~725~~175) or ($(0.0102) per share as compared with a net ~~income~~loss of $9(100,~~841~~903) or $(0.01) per share for the comparative period in ~~2005~~2006. ~~The prior year’s gain resulted from a settlement of debt and associated interest in the amount of $38,100.~~

~~- 3 -~~Revenues

~~General~~During ~~and~~the ~~administrative~~Nine ~~expenses~~months ending April 30, 2007 the company recorded $40,637 (2006 - $9,754) as interest income from funds placed on deposit with financial institutions.

~~General~~Operating ~~and~~expenses ~~Administrative Expenses were $74,525 for the three months ended October 31, 2006, compared with $29,280 for the three months ended October 31, 2005.~~

Operating Expenses were $758,446 for the nine months ended April 30, 2007, compared with $148,854 for the nine months ended April 30, 2006.

Amounts by major sub-category are as follows:

	2006	2005
	2007		2006
Amortization of equipment	$ ~~144~~12,831	~~$ 144~~	$ 308
General and administration	3,897	2,453
Consulting	732,848		18,554
Consulting	9,279	4,248
Interest	7,128		-
Professional fees	32,432	16,982
General and administration	22,814		13,526
Regulatory filings	15,774	646
Professional fees	79,511		91,721
Rent	4,030	3,817
Regulatory filings	31,632		12,850
Shareholder information	8,969	-
Rent	31,583		11,795
	$ 74,525	$ 29,280
Shareholder information	8,969		-
Stock based compensation	271,566
Travel and entertainment	16,687		-
Wages and benefits	185,201		-
	$ 758,446		$ 148,754

Depreciation and Amortization

Amortization expense relates to the amortization of equipment. For the ~~three~~Nine ~~months~~Months ~~ended~~Ended ~~October~~April 3130, ~~2006~~2007, amortization expense was $~~144~~12,116, compared with $~~144~~308 for the ~~three~~nine months ended ~~October~~April 3130, ~~2005~~2006

Related ~~Parties~~Party Transactions

The Company entered into the following transactions with related parties:

During the ~~three~~nine month period ended ~~October~~April 3130, ~~2006~~2007 the Company paid or accrued $932,~~279~~848 (~~2005~~2006 - $418,~~248~~554) to adirectors ~~director~~ and ~~officer~~officers for consulting.

These transactions were in the normal course of operations and were measured at the exchange amount, which is the amount of consideration established and agreed to by the related parties.

- 4 -

Liquidity and Capital Resources

Advanced Proteome Therapeutics Corporation has financed activities, operations and capital expenditures primarily from public and private equity and repayable loans. Until the Company receives substantial revenue from product sales, it plans to issue more securities at such time as it believes additional capital could be obtained on favourable terms. However, there can be no assurance that such funds can be available on favourable terms, if at all.

As at ~~October~~April 3130, ~~2006~~2007, the Company had cash and cash equivalents of $21,~~033~~472,~~172~~320 and working capital of $1,~~794~~503,~~123~~042. This compares with cash and cash equivalents of $101,315 and a working capital position of $29,539 at July 31, 2006.

Cash provided by the issuance of new shares during the ~~three~~nine months ended ~~October 31~~April 30, ~~2006~~2007 was $12,~~784~~036,~~085~~117.

~~Subsequent~~During tothe ~~October~~nine 31months ending April 30, ~~2006~~2007 the Company received an additional $ ~~299~~322,~~967~~391 ($376,917 Cdn) pursuant to the exercise of outstanding warrants. The Company believes that cash flows from operations and funds on hand will be sufficient to fund its cash requirements through 2007. However, the Company plans to issue more securities at such time as it believes additional capital could be obtained on favourable terms. There can be no assurance that such funds can be available on favourable terms, if at all. The Company has no material commitments.

-The 4Company -believes that cash flows from operations and funds on hand will be sufficient to fund its cash requirements through 2007. However, the Company plans to issue more securities at such time as it believes additional capital could be obtained on favourable terms. There can be no assurance that such funds can be available on favourable terms, if at all. The Company has no material commitments.

Commitments

The Company is committed to license premises at a monthly rent of $ 6,250 for a period of 1 year, commencing January 1, 2007, with an option to extend the license for 1 additional year.

Subsequent events

Financing Risks

History of Losses - The Issuer has been in a cumulative net loss position throughout its operating history. The Issuer’s limited operating history makes it difficult to evaluate the future financial prospects of its business. There is no assurance that the Issuer will grow or be profitable or that the Issuer will have earnings or significant improvement in its cash flow from operations in the future. The future earnings on and cash flow from operations are dependent on the Issuer’s ability to further develop and sell its products and the Issuer’s operational expenses. Management expects that the Issuer will continue to have high levels of operating expenses, since the Issuer needs to make significant up-front expenditures for product development, and corporate development activities. Management anticipates that the operating losses for the Issuer may continue until such time as the Issuer consistently generates sufficient revenues to support operations.

~~Need~~ - - ~~for~~The ~~Additional~~Issuer ~~Financing~~has –been ~~The~~in ~~implementation~~a ofcumulative ~~the~~net loss position throughout its operating history. The Issuer’s ~~business~~limited ~~plan~~operating ~~requires~~history ~~significant~~makes ~~capital~~it ~~outlays~~difficult ~~and~~to ~~operating~~evaluate ~~expenditures~~the ~~over~~future ~~the~~financial ~~next~~prospects ~~several~~of ~~years~~its business. There ~~can~~is be no assurance that ~~additional~~the ~~financing~~Issuer will grow or be ~~available~~profitable toor that the Issuer ~~when~~will ~~needed,~~have onearnings ~~commercially~~or ~~reasonable~~significant ~~terms,~~improvement orin atits ~~all.~~cash ~~Any~~flow ~~inability~~from tooperations ~~obtain~~in ~~additional~~the ~~financing~~future. ~~when~~The ~~needed~~future ~~would~~earnings ~~have~~on aand ~~material~~cash ~~adverse~~flow ~~effect~~from operations are dependent on the Issuer.’s ~~Further,~~ability ~~any~~to ~~additional~~further ~~equity~~develop ~~financing~~and ~~may~~sell ~~involve~~its ~~substantial~~products ~~dilution~~and to the Issuer’s ~~then~~operational ~~existing shareholders~~expenses. ~~Debt~~Management ~~financing,~~expects ifthat ~~available,~~the ~~may~~Issuer ~~involve~~will ~~onerous~~continue ~~obligations,~~to ~~monetary~~have orhigh ~~otherwise.~~levels Ifof ~~adequate~~operating ~~funds are not available~~expenses, since the Issuer ~~may~~needs ~~obtain~~to ~~funds~~make ~~through~~significant ~~arrangements~~up-front ~~with~~expenditures ~~strategic~~for ~~partners~~product ordevelopment, ~~others~~and ~~who~~corporate ~~may~~development ~~require~~activities. ~~the~~Management ~~Issuer~~anticipates tothat ~~relinquish~~the ~~rights~~operating tolosses ~~certain~~for ~~technologies,~~the ~~any~~Issuer ofmay ~~which~~continue ~~could~~until ~~adversely~~such ~~affect~~time ~~its~~as ~~business,~~the ~~financial~~Issuer ~~condition~~consistently ~~and~~generates ~~results~~sufficient ofrevenues to support operations.

~~Product~~Need ~~Risks~~for Additional Financing

~~Uncertain~~ - ~~Demand~~The ~~for~~implementation ~~Products~~of –the ~~Demand~~Issuer’s ~~for~~business ~~pharmaceutical~~plan ~~products~~requires issignificant ~~dependent~~capital onoutlays aand ~~number~~operating ofexpenditures ~~social,~~over ~~political~~the ~~and~~next ~~economic~~several ~~factors~~years. There can be no assurance that ~~are~~additional ~~beyond~~financing ~~the~~will ~~control~~be ofavailable to the Issuer. ~~The~~when ~~healthcare~~needed, ~~industry~~on iscommercially ~~likely~~reasonable toterms, ~~continue~~or at all. Any inability to ~~change~~obtain asadditional ~~the~~financing ~~public,~~when ~~government,~~needed ~~medical~~would ~~practitioners,~~have ~~and~~a material adverse effect on the ~~pharmaceutical~~Issuer. ~~industries~~Further, ~~focus~~any onadditional ~~ways~~equity tofinancing ~~expand~~may ~~medical~~involve ~~coverage~~substantial ~~while~~dilution ~~controlling~~to the ~~growth~~Issuer’s inthen ~~healthcare~~existing ~~costs~~shareholders. ~~While~~Debt ~~the~~financing, ~~Issuer~~if ~~believes~~available, ~~that~~may ~~demand~~involve ~~for~~onerous ~~pharmaceutical~~obligations, ~~products~~monetary ~~will~~or ~~continue~~otherwise. toIf ~~grow~~adequate funds are not available, ~~there~~the isIssuer nomay ~~assurance~~obtain ~~that~~funds ~~such~~through ~~demand~~arrangements ~~will~~with ~~exist~~strategic partners or ~~that~~others ~~the~~who ~~Companies~~may ~~products~~require ~~will~~the beIssuer ~~purchased~~to relinquish rights to ~~satisfy~~certain ~~that~~technologies, ~~demand~~any of which could adversely affect its business, financial condition and results of operations.

Dependence on Development of New Products – New technological or product developments in the pharmaceutical industry may render the Issuer’s products obsolete or reduce their value. The Issuer’s future prospects are highly dependent on its ability to develop new products that address new technologies and achieve market acceptance. There can be no assurance that the Issuer will be successful in these efforts.

- 5 -

Product Risks

Uncertain Demand for Products

- Demand for pharmaceutical products is dependent on a number of social, political and economic factors that are beyond the control of the Issuer. The healthcare industry is likely to continue to change as the public, government, medical practitioners, and the pharmaceutical industries focus on ways to expand medical coverage while controlling the growth in healthcare costs. While the Issuer believes that demand for pharmaceutical products will continue to grow, there is no assurance that such demand will exist or that the Companies products will be purchased to satisfy that demand.

Dependence on Development of New Products

- New technological or product developments in the pharmaceutical industry may render the Issuer’s products obsolete or reduce their value. The Issuer’s future prospects are highly dependent on its ability to develop new products - from new technologies and achieve market acceptance. There can be no assurance that the Issuer will be successful in these efforts.

Summary of Quarterly Results

The following table sets out selected consolidated quarterly information for the three months ended ~~October~~ Janaury 31, ~~2006~~2007 and the previous ~~eight~~ quarters of ~~2005~~2004 through and ~~2004~~2006:

Quarter Ended 2007	October 31 $	July 31 $	April 30 $	January 31 $
Revenue			18,447	22,089
Loss			(484,398)	(113,252)
Loss per common share			(0.01)	(0.01)
Quarter Ended 2006	October 31 $	July 31 $	April 30 $	January 31 $
Revenue	~~100~~101	780	8,640	1,080
Loss	(74,425)	(36,551)	(58,213)	(52,531)
Loss per common share ($)	(0.01)	(0.01)	(0.01)	(0.01)
Loss per common share	(0.01)	(0.01)	(0.01)	(0.01)
Quarter Ended 2005	October 31 $	July 31 $	April 30 $	January 31 $
Revenue	31	50,121	391,091	243,813
Income (loss)	9,841	(127,514)	(44,681)	(145,843)
Loss per common share ($)	0.01	(0.01)	(0.01)	(0.01)
Loss per common share	0.01	(0.01)	(0.01)	(0.01)
Quarter Ended 2004	October 31 $	July 31 $	April 30 $	January 31 $
Revenue	440,193	646,133	442,993	170,811
Loss	(45,202)	(130,640)	(34,647)	(150,612)
Loss per common share ($)	(0.01)	(0.01)	(0.01)	(0.01)
Loss per common share	(0.01)	(0.01)	(0.01)	(0.01)

- 6 -

ADVANCED PROTEOME THERAPEUTICS CORPORATION

CORPORATE DATA

~~October~~April 3130, ~~2006~~2007

HEAD OFFICE Advanced Proteome Therapeutics Corporation Bio Square, 650 Albany Street Boston, Massachusetts USA 02118 Tel: (415) 722-1209 Fax: (415) 440 6516 Email: akrantz@ix.netcom.com			SOLICITOR Lang Michener, LLP Attention: David Cowan Royal Centre, 1055 West Georgia Street, Suite 1500 PO Box 11117 Vancouver, BC Canada V6E 4N7
HEAD OFFICE Advanced Proteome Therapeutics Corporation Bio Square, 650 Albany Street Boston, Massachusetts USA 02118 Tel: (617) 638 0340 Fax: (617) 638 0341 Email: akrantz@aptbiotech.com			SOLICITOR Erwin Sui Sui & Company, Solicitors Vancouver Office: Suite 306, 1311 Howe Street , Vancouver, B.C. V6Z 1R7 Tel: 604.605.6117 Fax: 604.605.6118 Toronto Office: The Exchange Tower , Suite 1800, 130 King Street West , Toronto, Ontario M5X 1E3 Tel: 416.360.6481 Fax: 416.360.3761
REGISTRAR & TRANSFER AGENT Computershare Inc. 510 Burrard Street Vancouver , B. C., Canada V6C 3B9			AUDITORS Davidson and Company, LLP 1200 – 609 Granville Street P.O.Box 10372, Pacific Centre Vancouver, BC V7Y1G6
DIRECTORS AND OFFICERS Dr. Allen Krantz Ben Catalano Martin Woodward Robert Bender Dr, Gary Hayes	President , CFO, Secretary & Director Director Director Director Director		INVESTOR CONTACTS Dr. Allen Krantz APT Corporation Tel: (415)722-1209 Email: akrantz@ix.netcom.com
DIRECTORS AND OFFICERS Dr. Allen Krantz Russell Phares Jean Bellin Robert Bender Dr, Gary Hayes	President , CFO, Secretary & Director Director Director Director Director		INVESTOR CONTACTS Peter Genge President Encompass Communications Inc. 1295 Johnston St. Vancouver, B.C. V6H 3R9 604 630-0770 877 566-6592 toll free N/A 604 630-0774 fax
CAPITALIZATION			LISTINGS
CAPITALIZATION Authorized: Issued: Escrow: Options: Warrants:			LISTINGS TSX Venture Exchange Trading Symbol: V.APC CUSIP #: 552692
Authorized:		No Maximum without par value	TSX Venture Exchange
Issued:		52,007,297	Trading Symbol: V.APC
Escrow:		0	CUSIP #: 552692
Options:		0
Warrants:		18,940,367

Exhibit 99. 3

~~FORM~~Form 52-109F2 Certification of Interim Filings

~~Certification~~I, ofALEXANDER ~~Interim~~(ALLEN) ~~Filings~~KRANTZ, CHIEF EXECUTIVE OFFICER OF ADVANCED PROTEOME THERAPEUTICS CORPORATION, certify that:

I, Alexander (Allen) Krantz, the Chief Executive Officer of Advanced Proteome Therapeutics Corporation, certify that:

I have reviewed the interim filings (as this term is defined in Multilateral Instrument 52-109 Certification of Disclosure in Issuers’ Annual and Interim Filings) of ~~Advanced~~ADVANCED ~~Proteome~~PROTEOME ~~Therapeutics~~THERAPEUTICS ~~Corporation~~CORPORATION (the ~~“Issuer”~~issuer) for the interim period ending ~~October~~April 3130, ~~2006~~2007;

Based on my knowledge, the interim filings do not contain any untrue statement of a material fact or omit to state a material fact required to be stated or that is necessary to make a statement not misleading in light of the circumstances under which it was made, with respect to the period covered by the interim filings;

Based on my knowledge, the interim financial statements together with the other financial information included in the interim filings fairly present in all material respects the financial condition, results of operations and cash flows of the ~~Issuer~~issuer, as of the date and for the periods presented in the interim filings;

The ~~Issuer’~~issuer's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures and internal control over financial reporting for the issuer, and we have:

(a)

designed such disclosure controls and procedures, or caused them to be designed under our supervision, to provide reasonable assurance that material information relating to the issuer, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which the interim filings are being prepared; and

(b)

designed such internal control over financial reporting, or caused it to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with the issuer’s GAAP; and

I have caused the issuer to disclose in the ~~annual~~interim MD&A any change in the issuer’s internal control over financial reporting that occurred during the issuer’s most recent interim period that has materially affected, or is reasonably likely to materially affect, the issuer’s internal control over financial reporting.

Date: ~~December~~June 2729, 2007

"/s/ Alexander (Allen) ~~Krantz"~~Krantz__________

~~Alexander~~ALEXANDER (~~Allen~~ALLEN) ~~Krantz Chief Executive Officer~~KRANTZ

~~Exhibit 99. 4~~CEO

~~FORM~~Exhibit ~~52-109F2~~99.4

Form 52-109F2 Certification of Interim Filings

I, ~~Alexander~~ALEXANDER (~~Allen~~ALLEN) ~~Krantz~~KRANTZ, ~~the~~CHIEF ~~Acting~~FINANCIAL ~~Chief~~OFFICER ~~Financial~~OF ~~Officer~~ADVANCED ofPROTEOME ~~Advanced~~THERAPEUTICS ~~Proteome Therapeutics Corporation~~CORPORATION, certify that:

(a)

(b)

Date: ~~December~~June 2729, 2007

"/s/ Alexander (Allen) ~~Krantz"~~Krantz_____________

~~Alexander~~ALEXANDER (~~Allen~~ALLEN) ~~Krantz Chief Financial Officer~~KRANTZ

CFO

Exhibit 99.5

ADVANCED PROTEOME THERAPEUTICS CORPORATION (Formerly Advanced Proteome Therapeutics (Canada) Inc.) (Expressed in U.S. Dollars) FINANCIAL STATEMENTS FROM INCORPORATION ON DECEMBER 12, 2005 TO JULY 31, 2006

ADVANCED PROTEOME THERAPEUTICS CORPORATION

~~(Formerly~~NEWS ~~Advanced Proteome Therapeutics (Canada) Inc.)~~RELEASE

~~BALANCE~~ APC ~~SHEET~~Retains Encompass Communications as Investor Relations Consultant

Vancouver B.C., June 19, 2007. Advanced Proteome Therapeutics Corporation (~~Expressed~~APC: inTSX-V) U(the “Company”) is pleased to announce that it has engaged Encompass Communications Inc.S. ~~Dollars~~(“Encompass”) as its investor relations consultant.

		July 31, 2006
LIABILITIES AND SHAREHOLDER’S DEFICIENCY
Current
Due to related party (Note 5)	$	1,165
Total liabilities		1,165
Shareholder’s deficiency
Capital stock
Authorized: Unlimited number of common shares, without par value
Issued: 1 common share		1
Deficit		(1,166)
Total shareholder’s deficiency		(1,165)
Total liabilities and shareholder’s deficiency	$	-

Encompass was founded in 2003 and specializes in corporate communications, investor relations and developing investment community sponsorship for growth oriented public companies. Encompass will concentrate on introducing the Company to its network of brokers, analysts and money managers, institutional investors and investment bankers.

~~Nature~~Encompass ~~and~~has ~~continuance~~been engaged for a six month contract at a rate of ~~operations~~Cdn$5,000 ~~(Note~~per 1)month. The term of the contract may be extended for a further six months by the Company or cancelled by either party upon 30 days notice. The Company has also granted to Encompass an option entitling them to purchase up to an aggregate of 300,000 common shares of the Company at an exercise price of $0.40 for a five year term expiring June 18, 2012. The options will vest as to 25% per quarter.

~~Subsequent~~Encompass ~~event~~does ~~(Note~~not 8)have any direct or indirect interest in the Company.

OnAdvanced ~~behalf~~Proteome Therapeutics Inc. features a technology focused on the redevelopment and rapid commercialization of protein therapeutics and has established laboratory operations at the ~~Board:~~BioSquare ~~“W.~~Discovery ~~Benjamin~~and ~~Catalano”~~Innovation ~~Director~~Center ~~“Martin~~on ~~Woodward”~~the ~~Director~~campus of the Boston University School of Medicine. The ~~accompanying~~technology ~~notes~~will ~~are~~be antargeted ~~integral~~initially ~~part~~for the creation of ~~these~~improved ~~financial~~versions ~~statements~~of sub-optimal human protein pharmaceuticals with established markets. For further information about APC and APT Inc., e-mail our President and CEO, Alexander (Allen) Krantz at akrantz@aptbiotech.com or telephone at 415.722.1209.

~~ADVANCED~~ON ~~PROTEOME~~BEHALF ~~THERAPEUTICS~~OF ~~CORPORATION~~THE BOARD

Alexander (~~Formerly~~Allen) ~~Advanced~~Krantz President ~~Proteome~~& ~~Therapeutics~~CEO ~~(Canada) Inc.)~~

~~STATEMENT~~The OFTSX ~~OPERATIONS~~Venture ~~AND~~Exchange ~~DEFICIT~~does not accept responsibility for the adequacy or accuracy of this release.

(Expressed in U.S. Dollars)

		From Incorporation on December 12, 2005 to July 31, 2006
Expense
Professional fees	$	1,166
Net loss, being deficit at end of period	$	(1,166)
Basic and diluted loss per common share	$	(1,166)
Weighted average number of common shares outstanding		1
The accompanying notes are an integral part of these financial statements.

ADVANCED PROTEOME THERAPEUTICS CORPORATION

(Formerly Advanced Proteome Therapeutics (Canada) Inc.)

STATEMENT OF CASH FLOW

(Expressed in U.S. Dollars)

		From Incorporation on December 5, 2005 to July 31, 2006
CASH FLOWS USED IN OPERATING ACTIVITIES
Net loss for the period	$	(1,166)
Net cash flows used in operating activities		(1,166)
CASH FLOWS FROM FINANCING ACTIVITIES
Issuance of common share		1
Advance from related party		1,165
Net cash flows provided by financing activities		1,166
Change, being cash, end of period	$	-
Supplemental disclosure with respect to cash flows (Note 3)
The accompanying notes are an integral part of these financial statements.

ADVANCED PROTEOME THERAPEUTICS CORPORATION

(Formerly Advanced Proteome Therapeutics (Canada) Inc.)

NOTES TO THE FINANCIAL STATEMENTS

July 31, 2006

(Expressed in U.S. Dollars)

NATURE AND CONTINUANCE OF OPERATIONS

The Company was incorporated in British Columbia, Canada on December 12, 2005 under the name Advanced Proteome Therapeutics (Canada) Inc.. As at July 31, 2006 the Company had no principal business activity. The Company was specifically incorporated for the purpose of completing an acquisition of Advanced Proteome Therapeutics, Inc. (“APTI”), a bio-tech company located in the United States (Note 8). The Company subsequently changed its name, on August 15, 2006, to Advanced Proteome Therapeutics Corporation and completed the acquisition effective on October 25, 2006 (Note 8).

These financial statements have been prepared in accordance with Canadian generally accepted accounting principles and on a going concern basis, which assumes the realization of assets and the liquidation of liabilities in the normal course of business. The Company has no principal business activity and has a working capital deficiency of $ 1,165. These factors cause uncertainty as to the Company’s ability to continue as a going concern. The application of the going concern concept is dependent on the Company’s ability to obtain a viable operation and receive continued financial support from its shareholder and from external financing. Management is of the opinion that sufficient working capital will be obtained from external financing to meet the Company’s liabilities and commitments.

These financial statements do not include any adjustments relating to the classification of liabilities that may be necessary should the Company be unable to continue in existence.

		July 31, 2006
Working capital deficiency	$	(1,165)
Deficit		(1,166)

SIGNIFICANT ACCOUNTING POLICIES

Use of estimates

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

Income taxes

ADVANCED PROTEOME THERAPEUTICS CORPORATION

(Formerly Advanced Proteome Therapeutics (Canada) Inc.)

NOTES TO THE FINANCIAL STATEMENTS

July 31, 2006

(Expressed in U.S. Dollars)

SIGNIFICANT ACCOUNTING POLICIES (cont’d…)

Loss per share

The Company uses the treasury stock method to compute the dilutive effect of options, warrants and similar instruments. Under this method, the dilutive effect on earnings per share is recognized on the use of the proceeds that could be obtained upon exercise of options and warrants and similar instruments. It assumes that the proceeds would be used to purchase common shares at the average market price during the period. For the period presented there were no dilutive instruments.

Basic loss per share is calculated using the weighted-average number of common shares outstanding during the period.

SUPPLEMENTAL DISCLOSURE WITH RESPECT TO CASH FLOWS

Supplemental cash flow disclosure and non-cash financing and investing activities are as follows:

		July 31, 2006
Interest paid	$	-
Income taxes paid		-

There were no significant non-cash transactions for the period from incorporation on December 12, 2005 to July 31, 2006.

FINANCIAL INSTRUMENTS

The Company's financial instrument consists of an amount due to a related party. Unless otherwise noted, it is management's opinion that the Company is not exposed to significant exchange interest or credit risks arising from this financial instrument. The fair value of this financial instrument approximates carrying value, unless otherwise noted.

DUE TO RELATED PARTY

Due to related party consists of an amount due to the Company’s sole shareholder, Thrilltime Entertainment International, Inc. (“Thrilltime”). This amount is non-interest bearing and carries no fixed terms of repayment.

SEGMENTED INFORMATION

The Company currently conducts substantially all of its activities in Canada in one business segment.

ADVANCED PROTEOME THERAPEUTICS CORPORATION

(Formerly Advanced Proteome Therapeutics (Canada) Inc.)

NOTES TO THE FINANCIAL STATEMENTS

July 31, 2006

(Expressed in U.S. Dollars)

INCOME TAXES

The Company does not have any income tax liabilities during the current period and, accordingly, no income taxes are recorded. The potential income tax benefits associated with losses incurred by the Company have not been recorded in the accounts as future taxation as they are offset by valuation reserves due to uncertainty of utilization of tax losses. These losses may be available to reduce taxable income in the future years.

Loss for the period	$	(1,166)
Expected income tax recovery	$	400
Unrecognized benefit of operating loss carryforward		(400)
Total income tax recovery	$	-

Future income taxes result principally from temporary differences in the recognition of loss carry forwards and expense items for financial and income tax reporting purposes. Significant components of the company’s future tax assets as of July 31, 2006 are as follows:

Future income tax assets
Non-capital loss	$		400
Valuation allowance for future income tax assets			(400)
Balance, July 31, 2006		$		-

SUBSEQUENT EVENT

Effective October 25, 2006, the Company completed its acquisition of APTI and plan of arrangement with Thrilltime. The result was the Company acquired a 56% interest in APTI for consideration of $2,300,000 Cdn. and concurrently exchanged all of the shares of Thrilltime for shares of the Company. As a result, Thrilltime has become a wholly owned subsidiary of the Company. Future financial statements of the Company will be accounted for as a continuity of interests with Thrilltime. As at July 31, 2006 Thrilltime paid $25,000 Cdn. for expenses relating to this transaction and is also required to pay $ 15,000 Cdn. and issue 500,000 common shares (issued) as sponsorship fees, subject to certain conditions which were met subsequent to July 31, 2006.

Concurrent with, and as a condition precedent to the acquisition, on October 24, 2006, Thrilltime completed a brokered and non-brokered private placement of 25,000,000 units at a price of $0.10 Cdn. per unit for gross proceeds of $2,500,000 Cdn.. Each unit is comprised of one common share and one-half share purchase warrant, each warrant exercisable at a price of $0.15 Cdn. per share for a period of one year. A cash commission of 8% was paid to the selling agent and the selling group, and to finders on the non-brokered portion at closing. The agent was also issued 3,440,367 agent’s warrants for its services, exercisable into one common share of the Company at a price of $0.10 Cdn. per unit for a period of one year and received a work fee of $10,000 Cdn.

Exhibit 99. 6

Form 52-109F1

Certification of Annual Filings

I, Alexander (Allen) Krantz, the Chief Executive Officer of Advanced Proteome Therapeutics Corporation, certify that:

I have reviewed the annual filings (as this term is defined in Multilateral Instrument 52-109 Certification of Disclosure in Issuers’ Annual and Interim Filings) of Advanced Proteome Therapeutics Corporation (the issuer) for the period ending July 31, 2006;

Based on my knowledge, the annual filings do not contain any untrue statement of a material fact or omit to state a material fact required to be stated or that is necessary to make a statement not misleading in light of the circumstances under which it was made, with respect to the period covered by the annual filings;

Based on my knowledge, the annual financial statements together with the other financial information included in the annual filings fairly present in all material respects the financial condition, results of operations and cash flows of the issuer, as of the date and for the periods presented in the annual filings;

The issuer’s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures and internal control over financial reporting for the issuer, and we have:

(a)

(b)

(c)

evaluated the effectiveness of the issuer’s disclosure controls and procedures as of the end of the period covered by the annual filings and have caused the issuer to disclose in the annual MD&A our conclusions about the effectiveness of the disclosure controls and procedures as of the end of the period covered by the annual filings based on such evaluation; and

I have caused the issuer to disclose in the annual MD&A any change in the issuer’s internal control over financial reporting that occurred during the issuer’s most recent interim period that has materially affected, or is reasonably likely to materially affect, the issuer’s internal control over financial reporting.

Date: November 28, 2006.

“Alexander (Allen) Krantz”

Alexander (Allen) Krantz, Chief Executive Officer

Exhibit 99. 7

Form 52-109F1

Certification of Annual Filings

I, Alexander (Allen) Krantz, the Acting Chief Financial Officer of Advanced Proteome Therapeutics Corporation, certify that:

(a)

(b)

(c)

Date: November 28, 2006.

“Alexander (Allen) Krantz”

Alexander (Allen) Krantz, Acting Chief Financial Officer

Exhibit 99. 8

ADVANCED PROTEOME

THERAPEUTICS CORPORATION

FINANCIAL STATEMENTS

FROM INCORPORATION ON DECEMBER 12, 2005 TO APRIL 30, 2006

(Unaudited – prepared by Management)

ADVANCED PROTEOME THERAPEUTICS CORPORATION

BALANCE SHEET

(Unaudited – prepared by management)

			April 30,2006
LIABILITIES AND SHAREHOLDER’S DEFIENCY
Current
Due to related party (Note 5)			$ 1,165
Total liabilities			1,165
Shareholder’s deficiency
Capital stock
Authorized: Unlimited number of common shares, without par value
Issued: 1 common shares			1
Deficit			(1,166)
Total shareholder’s deficiency			(1,165)
Total liabilities and shareholder’s deficiency			$ -

Nature and continuance of operations (Note 1)

Subsequent event (Note 8)

On behalf of the Board: “Alexander (Allen) Krantz” Director “W. Benjamin Catalano” Director The accompanying notes are an integral part of these financial statements.

ADVANCED PROTEOME THERAPEUTICS CORPORATION

STATEMENT OF OPERATIONS AND DEFICIT

(Unaudited – prepared by management)

	Fiscal quarter ended April 30, 2006	From Incorporation on December 12, 2005 to April 30, 2006
Expense
Professional fees	$ -	$ 1,166
Net loss, being deficit at end of period	$ -	$ (1,166)
Basic loss per common share	$ -	$ (1,166)
Weighted average number of common shares outstanding	1	1
The accompanying notes are an integral part of these financial statements.

ADVANCED PROTEOME THERAPEUTICS CORPORATION

STATEMENT OF CASH FLOW

(Unaudited – prepared by management)

	Fiscal quarter ended April 30, 2006	From Incorporation on December 5, 2005 to April 30, 2006
CASH FLOWS USED IN OPERATING ACTIVITIES
Net loss for the period	$ -	$ (1,166)
Net cash flows provided by used in operating activities	-	(1,166)
CASH FLOWS FROM FINANCING ACTIVITIES
Issuance of common share	-	1
Advance from related party		1,165
Net cash flows provided by financing activities	-	1,166
Change, being cash, end of period	$ -	$ -
Supplemental disclosure with respect to cash flows (Note 3)
The accompanying notes are an integral part of these financial statements.

ADVANCED PROTEOME THERAPEUTICS CORPORATION

NOTES TO THE FINANCIAL STATEMENTS

(Unaudited – prepared by management)

April 30, 2006

NATURE AND CONTINUANCE OF OPERATIONS

The Company was incorporated in British Columbia, Canada on December 12, 2005 under the name Advanced Proteome Therapeutics (Canada) Inc.. As at April 30, 2006 the Company had no principal business activity. The Company was specifically incorporated for the purpose of completing an investment in Advanced Proteome Therapeutics, Inc. (“APTI”), a bio-tech company located in the United States (Note 8). The Company subsequently changed its name, on August 15, 2006, to Advanced Proteome Therapeutics Corporation and completed the investment effective on October 25, 2006 (Note 8).

These financial statements have been prepared in accordance with Canadian generally accepted accounting principles and on a going concern basis, which assumes the realization of assets and the liquidation of liabilities in the normal course of business. The Company has no principal business activity and has a working capital deficiency of $ 1,165. These factors cause uncertainty as to the Company’s ability to continue as a going concern. If the going concern presumption is not appropriate then assets may be realized at amounts significantly lower than the current carrying value. The application of the going concern concept is dependent on the Company’s ability to obtain a viable operation and receive continued financial support from its shareholder and from external financing. Management is of the opinion that sufficient working capital will be obtained from external financing to meet the Company’s liabilities and commitments.

These financial statements do not include any adjustments relating to the classification of liabilities that may be necessary should the Company be unable to continue in existence.

				April 30,2006
	Working capital deficiency			$ (1,165)
	Deficit			(1,166)

SIGNIFICANT ACCOUNTING POLICIES

Use of estimates

Income taxes

ADVANCED PROTEOME THERAPEUTICS CORPORATION

NOTES TO THE FINANCIAL STATEMENTS

(Unaudited – prepared by management)

April 30, 2006

SIGNIFICANT ACCOUNTING POLICIES (cont’d…)

Loss per share

The Company uses the treasury stock method to compute the dilutive effect of options, warrants and similar instruments. Under this method, the dilutive effect on earnings per share is recognized on the use of the proceeds that could be obtained upon exercise of options and warrants and similar instruments. It assumes that the proceeds would be used to purchase common shares at the average market price during the year. For the periods presented there were no dilutive instruments.

Basic loss per share is calculated using the weighted-average number of common shares outstanding during the period.

SUPPLEMENTAL DISCLOSURE WITH RESPECT TO CASH FLOWS

Supplemental cash flow disclosure and non-cash financing and investing activities are as follows:

			April 30, 2006
	Interest paid		$ -
	Income taxes paid		-

There were no significant non-cash transactions for the period from incorporation on December 12, 2005 to April 30, 2006.

FINANCIAL INSTRUMENTS

DUE TO RELATED PARTY

SEGMENTED INFORMATION

The Company currently conducts substantially all of its activities in Canada in one business segment.

ADVANCED PROTEOME THERAPEUTICS CORPORATION

NOTES TO THE FINANCIAL STATEMENTS

(Unaudited – prepared by management)

April 30, 2006

INCOME TAXES

Canadian basic statutory rate 34%

		Future income tax assets
		Non-capital loss		$ 400
		Valuation allowance for future income tax assets		(400)
		Balance, April 30, 2006		$ -

SUBSEQUENT EVENT

Effective October 25, 2006, the Company completed its investment in APTI and plan of arrangement with Thrilltime. The result was the Company acquired a 56% interest in APTI for consideration of $2,300,000 and concurrently exchanged all of the shares of Thrilltime for shares of the Company. As a result, Thrilltime has become a wholly owned subsidiary of the Company. Future financial statements of the Company will be accounted for as a continuity of interests with Thrilltime.

Concurrent with, and as a condition precedent to the investment, on October 24, 2006, Thrilltime completed a brokered and non-brokered private placement of 25,000,000 units at a price of $0.10 per unit for gross proceeds of $2,500,000. Each unit comprised one common share and one-half share purchase warrant, each warrant exercisable at a price of $0.15 per share for a period of one year. A cash commission of 8% was paid to the selling agent and the selling group, and to finders on the non-brokered portion at closing. The agent and members of the selling group were also issued agent’s warrants equivalent to 15% of the units placed for its services, exercisable into one common share of the Company at a price of $0.10 per unit for a period of one year. The Agent also received a work fee of $10,000.

Exhibit 99.9

ADVANCED PROTEOME

THERAPEUTICS CORPORATION

FINANCIAL STATEMENTS

FROM INCORPORATION ON DECEMBER 12, 2005 TO JANUARY 31, 2006

(Unaudited – prepared by Management)

ADVANCED PROTEOME THERAPEUTICS CORPORATION

BALANCE SHEET

(Unaudited – prepared by management)

			January 31, 2006
LIABILITIES AND SHAREHOLDERS’ DEFICIENCY
Current
Due to related party (Note 5)			$ 1,165
Total liabilities			1,165
Shareholder’s deficiency
Capital stock
Authorized: Unlimited number of common shares, without par value
Issued: 1 common shares			1
Deficit			(1,166)
Total shareholder’s deficiency			(1,165)
Total liabilities and shareholder’s deficiency			$ -

Nature and continuance of operations (Note 1)

Subsequent event (Note 8)

On behalf of the Board: “Alexander (Allen) Krantz” Director “W. Benjamin Catalano” Director The accompanying notes are an integral part of these financial statements.

ADVANCED PROTEOME THERAPEUTICS CORPORATION

STATEMENT OF OPERATIONS AND DEFICIT

(Unaudited – prepared by management)

	Fiscal quarter ended January 31, 2006	From Incorporation on December 12, 2005 to January 31, 2006
Expense
Professional fees	$ -	$ 1,166
Net loss, being deficit at end of period	$ -	$ (1,166)
Basic loss per common share	$ -	$ (1,166)
Weighted average number of common shares outstanding	1	1

The accompanying notes are an integral part of these financial statements.

ADVANCED PROTEOME THERAPEUTICS CORPORATION

STATEMENT OF CASH FLOW

(Unaudited – prepared by management)

	Fiscal quarter ended January 31, 2006	From Incorporation on December 5, 2005 to January 31, 2006
CASH FLOWS FROM USED IN OPERATING ACTIVITIES
Net loss for the period	$ -	$ (1,166)
Net cash flows used in operating activities	-	(1,166)
CASH FLOWS FROM FINANCING ACTIVITIES
Issuance of common share	-	1
Advance from related party	-	1,165
Net cash flows provided by financing activities	-	1,166
Change, being cash, end of period	$ -	$ -

Supplemental disclosure with respect to cash flows (Note 3)

The accompanying notes are an integral part of these financial statements.

ADVANCED PROTEOME THERAPEUTICS CORPORATION

NOTES TO THE FINANCIAL STATEMENTS

(Unaudited – prepared by management)

January 31, 2006

NATURE AND CONTINUANCE OF OPERATIONS

The Company was incorporated in British Columbia, Canada on December 12, 2005 under the name Advanced Proteome Therapeutics (Canada) Inc.. As at July 31, 2006 the Company had no principal business activity. The Company was specifically incorporated for the purpose of completing an investment in Advanced Proteome Therapeutics, Inc. (“APTI”), a bio-tech company located in the United States (Note 8). The Company subsequently changed its name, on August 15, 2006, to Advanced Proteome Therapeutics Corporation and completed the investment effective on October 25, 2006 (Note 8).

These financial statements have been prepared in accordance with Canadian generally accepted accounting principles and on a going concern basis, which assumes the realization of assets and the liquidation of liabilities in the normal course of business. The Company has no principal business activity and has a working capital deficiency of $ 1,165. These factors cause uncertainty as to the Company’s ability to continue as a going concern. If the going concern presumption is not appropriate then assets may be realized at amounts significantly lower than the current carrying value. The application of the going concern concept is dependent on the Company’s ability to obtain a viable operation and receive continued financial support from its shareholder and from external financing. Management is of the opinion that sufficient working capital will be obtained from external financing to meet the Company’s liabilities and commitments.

These financial statements do not include any adjustments relating to the classification of liabilities that may be necessary should the Company be unable to continue in existence.

				January 31, 2006
	Working capital deficiency			$ (1,165)
	Deficit			(1,166)

SIGNIFICANT ACCOUNTING POLICIES

Use of estimates

Income taxes

ADVANCED PROTEOME THERAPEUTICS CORPORATION

NOTES TO THE FINANCIAL STATEMENTS

(Unaudited – prepared by management)

January 31, 2006

SIGNIFICANT ACCOUNTING POLICIES (cont’d…)

Loss per share

The Company uses the treasury stock method to compute the dilutive effect of options, warrants and similar instruments. Under this method, the dilutive effect on earnings per share is recognized on the use of the proceeds that could be obtained upon exercise of options and warrants and similar instruments. It assumes that the proceeds would be used to purchase common shares at the average market price during the year. For the period presented there were no dilutive instruments.

Basic loss per share is calculated using the weighted-average number of common shares outstanding during the year.

SUPPLEMENTAL DISCLOSURE WITH RESPECT TO CASH FLOWS

Supplemental cash flow disclosure and non-cash financing and investing activities are as follows:

			January 31, 2006
	Interest paid		$ -
	Income taxes paid		-

There were no significant non-cash transactions for the period from incorporation on December 12, 2005 to January 31, 2006.

FINANCIAL INSTRUMENTS

DUE TO RELATED PARTY

SEGMENTED INFORMATION

The Company currently conducts substantially all of its activities in Canada in one business segment.

ADVANCED PROTEOME THERAPEUTICS CORPORATION

NOTES TO THE FINANCIAL STATEMENTS

(Unaudited – prepared by management)

January 31, 2006

INCOME TAXES

Canadian basic statutory rate 34%

Future income tax assets
Non-capital loss	$ 400
Valuation allowance for future income tax assets	(400)
Balance, January 31, 2006		$ -

SUBSEQUENT EVENT

Filing Compare · Advanced Proteome Therapeutics CORP