UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

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

For the ~~quarterly~~three month period ended ~~July~~January 31, ~~2013~~2014

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

For the transition period from _______ to _______.

Commission File No. 333-149235

BIONEUTRAL GROUP, INC.

(Exact name of registrant as specified in its charter)

Nevada		26-0745273
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)
211 Warren St., Newark, New Jersey		07103
211 Warren Street, Newark, New Jersey		07103
(Address of principal executive offices)		(Zip Code)

(973) 577-8003

(Registrant’s telephone number, including area code)

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

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

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

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

Large accelerated filer	o	Accelerated filer	o

Non-accelerated filer (Do not check if a smaller reporting company)	o	Smaller reporting company	x

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). o Yes x No

The number of shares of the registrant's common stock, par value $0.00001 per share, outstanding as of ~~September~~February 126, ~~2013~~2014 was ~~164~~1,~~616~~037,~~730~~920,656 shares.

BIONEUTRAL GROUP, INC.

TABLE OF CONTENTS

		Page
PART I - FINANCIAL INFORMATION
Item 1.	Financial Statements.	1
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations.	1816
Item 4.	Controls and Procedures.	2723
PART II - OTHER INFORMATION
Item 1.	Legal Proceedings.	2824
Item 1A.	Risk Factors.	2824
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds.	2824
Item 3.	Defaults Upon Senior Securities.	2825
Item 4.	Mine Safety Disclosures.	2825
Item 5.	Other Information.	2825
Item 6.	Exhibits.	2925
Signature		3026

ITEM 1. FINANCIAL STATEMENTS

BIONEUTRAL GROUP, INC

CONDENSED CONSOLIDATED BALANCE SHEETS

ASSETS

	July 31, 2013			October 31, 2012
	January 31, 2014			October 31, 2013
	(Unaudited			(Audited)
Current Assets
Cash	$	71,~~802~~244		$	~~676~~702
Accounts Receivable - Net		13,~~916~~878			~~657~~9,911
Inventory		2016,~~021~~520			314,~~342~~493
Total Current Assets		2921,~~739~~642			425,~~675~~106
Property & Equipment - Net		410			569
Property and Equipment - Net		304			357
Intellectual Property - Net		9,~~426~~072,~~679~~317			9,~~958~~249,~~222~~498
Other Assets		2,500			142,~~496~~500
TOTAL ASSETS	$	9,~~459~~096,~~328~~763		$	9,~~977~~277,~~962~~461
LIABILITIES AND STOCKOLDERS’ EQUITY
Current Liabilities
Accounts Payable and Accrued Expense	$	1,~~059~~092,~~228~~912		$	~~975~~1,~~479~~087,876
Convertible Notes Payable net of Discount of $87,911 at July 31, 2013		142,032			-
Current Portion of Convertible Notes Payable, net of discount of $86,743 and $91,167 respectively		267,456			267,716
Current Portion of Convertible Loans from Stockholders		6077,~~936~~646			~~416~~75,~~695~~000
Accrued Compensation		~~732~~1,~~256~~355,892			~~167~~978,~~668~~851
Related Party Payables		8458,~~385~~026			7057,~~199~~508
Derivative Liability		~~354~~156,~~095~~913			-129,425
Current Liabilities		23,~~432~~008,~~932~~845			12,~~630~~596,~~041~~376
Long Term Liabilities
Convertible Loans From Stockholders net of Discount of $- and $- at July 31, 2013 and October 31, 2012		1,388,647			788,370
Convertible Loans From Stockholders – net of current portion		1,533,272			1,462,291
Total Long Term Liabilities		1,~~388~~533,~~647~~272			~~788~~1,~~370~~462,291
TOTAL LIABILITIES		34,~~821~~542,~~579~~117			24,~~418~~058,~~411~~667
Commitments and Contingencies
Equity:
BioNeutral Group, Inc. Stockholders’ Equity
Preferred Stock, $.001 par value; 10,000,000 shares authorized, with 684,600 designated as follows
Convertible Preferred Stock, Series B, $.001 par value; 213,500 shares authorized, 53,491
issued and outstanding at July 31, 2013 and October 31, 2012, respectively.
issued and outstanding at January 31, 2014 and October 31, 2013, respectively.
Liquidation Preference $534,910 at July 31, 2013 and October 31, 2012, respectively.		54			54
Liquidation Preference $534,910 at January 31, 2014 and October 31, 2013, respectively.		54			54
Convertible Preferred Stock, Series C, $.001 par value; 100,000 shares authorized, 56,081
issued and outstanding at July 31, 2013 and October 31, 2012, respectively.
issued and outstanding at January 31, 2014 and October 31, 2013, respectively.
Liquidation Preference $560,810 at July 31, 2013 and October 31, 2012, respectively.		56			56
Liquidation Preference $560,810 at January 31, 2014 and October 31, 2013, respectively.		56			56
Convertible Preferred Stock, Series D, $.001 par value; 231,100 shares authorized, 128,251 and 136,051
Convertible Preferred Stock, Series D, $.001 par value; 231,100 shares authorized, 128,251
issued and outstanding at July 31, 2013 and October 31, 2012, respectively.
issued and outstanding at January 31, 2014 and October 31, 2013, respectively.
Liquidation Preference $1,282,510 and $1,360,510 at July 31, 2013 and October 31, 2012, respectively.		128			136
Liquidation Preference $1,282,510 at January 31, 2014 and October 31, 2013, respectively.		128			128
Convertible Preferred Stock, Series E, $.001 par value; 140,000 shares authorized,
Convertible Preferred Stock, Series E, $.001 par value; 140,000 shares authorized, 0
0 issued and outstanding at July 31, 2013 and October 31, 2012, respectively.
issued and outstanding at January 31, 2014 and October 31, 2013, respectively.
Liquidation Preference $0 at July 31, 2013 and October 31, 2012, respectively.		-			-
Liquidation Preference $0 at January 31, 2014 and October 31, 2013, respectively		-			-
Common Stock, $.00001 Par Value; 200,000,000 shares authorized, 164,616,730 and 125,356,184
Convertible Preferred Stock, Series F, $.001 par value; 51 shares authorized, 51 and 0 issued and outstanding at January 31, 2014 and October 31, 2013, respectively.		-			-
issued and outstanding at July 31, 2013 and October 31, 2012, respectively.		1,646			1,253
Common Stock, $.00001 Par Value; 4,000,000,000 shares authorized, 798,088,296 and 252,034,393
Additional Paid-in Capital		63,161,197			63,990,912
issued and outstanding at January 31, 2014 and October 31, 2013, respectively.		7,980			2,520
Due from Vinfluence		(136,848	)		(1,526,673	)
Additional Paid-in Capital		63,553,691			63,402,660
Shares issued to Board of Directors		-			(47,200	)
Due from Vinfluence		(136,848	)		(136,848	)
Accumulated Deficit		(5758,~~283~~640,~~641~~453	)		(5457,~~967~~889,~~589~~075	)
Total BioNeutral Group, Inc. Stockholders’ Equity		54,~~742~~784,~~592~~608			75,~~450~~379,~~949~~495
Non controlling Interest		(~~104~~230,~~902~~021	)		~~108~~(160,~~543~~760	)
Preferred Stock, $.001 par value; 5,000,000 shares authorized, with 800,000 designated as follows
Convertible Preferred Stock, Series A, $.001 par value; 800,000 shares authorized, 59,493 shares issued and outstanding at July 31, 2013 and October 31, 2012 respectively.
Convertible Preferred Stock, Series A, $.001 par value; 800,000 shares authorized, 59,484 shares issued and outstanding at January 31, 2014 and October 31, 2013, respectively.
Liquidation Preference $1,072,361 at July 31, 2013 and October 31, 2012, respectively, included in Non controlling interest		59			59
Liquidation Preference $1,072,361 at January 31, 2014 and October 31, 2013, respectively		59			59
Total Non controlling Interest		(~~104~~229,~~843~~962	)		~~108~~(160,~~602~~701	)
Total Equity		54,~~637~~554,~~749~~646			75,~~559~~218,~~551~~794
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	9,~~459~~096,~~328~~763		$	9,~~977~~277,~~962~~461

See Notes to Condensed Consolidated Financial Statements

BIONEUTRAL GROUP, INC

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

	Three Months Ended July 31,						Nine Months Ended July 31,
	For the Three Months Ended January 31,
	2013			2012			2013			2012
	2014			2013
Revenues	$	37,~~310~~004		$	~~888~~555		$	~~4,950~~		$	~~2,390~~
Cost of Revenues		1~~.174~~,931			~~744~~203			~~1,732~~			~~947~~
Gross Profit		25,~~136~~073			~~144~~352			~~3,218~~			~~1,443~~
Operating Expenses
Depreciation and Amortization		177,234			177,234			~~531,702~~			~~531,702~~
Salaries		266,737			107,123			590,544			294,831
Salaries and Wages		129,131			208,404
Consulting Expense		~~252~~117,~~417~~300			8910,~~500~~150			~~472,890~~			~~401,192~~
Legal and Accounting Expenses		48107,~~740~~643			68146,~~836~~607			~~316,759~~			~~227,133~~
Other Selling, General and Administrative Expenses		84168,~~165~~026			~~181~~138,~~805~~831			~~429,271~~			~~543,808~~
Total Operating Expenses		~~829~~699,~~293~~334			~~624~~681,~~498~~226			~~2,341,166~~			~~1,998,666~~
Loss from Operations		(~~827~~694,~~157~~261	)		(~~624~~680,~~354~~874	)		~~(2,337,948~~	)		~~(1,997,223~~	)
Other Income (Expense)
Interest Expense		(3494,~~131~~467	)		(1732,~~719~~739	)		~~(100,268~~	)		~~(43,325~~	)
Consulting Fee Reimbursement – Vinfluence Settlement		-			-			238,750			-
Amortization of Debt Discount		(40,424	)		(109,642	)
Amortization of debt discount		(212,920	)		-			(425,281	)		-
Change in Fair Value of Derivative Liability		8,512			61,875
Change in Fair Value of Derivative Liability		(29,356	)		-			95,250			-
Total Other Income (Expense)		(126,379	)		(80,506	)
Total Other Expense		(276,407	)		(17,719	)		(191,549	)		(43,325	)
Loss Before Provision for Income Taxes		(820,640	)		(761,380	)
Net Loss Before Income Taxes		(1,103,564	)		(642,073	)		(2,529,497	)		(2,040,548	)
Provision for Income Taxes		-			-
Provision for Income Taxes		-			-			-			-
Net Loss		(820,640	)		(761,380	)
Net Loss		(1,103,564	)		(642,073	)		(2,529,497	)		(2,040,548	)
Net Loss Attributable to Non-controlling Interest		69,262			64,260
Loss Attributable to Non-controlling Interest		93,095			54,192			213,445			172,228
Net Loss Attributable to BioNeutral Group, Inc.	$	(751,378	)	$	(697,120	)
Net Loss Attributable to BioNeutral Group, Inc.	$	(1,010,469	)	$	(587,881	)	$	(2,316,052	)	$	(1,868,320	)
Net Loss Per Common Share - Basic and Diluted	$	(0.01	)	$	(0.01	)
Net Loss Per Common Share - Basic and Diluted	$	(0.01	)	$	(0.01	)	$	(0.02	)	$	(0.02	)
Weighted Average Number of Common Shares outstanding
Weighted Average Number of Common Shares outstanding
Basic and Diluted		317,171,673			125,491,943
Basic and Diluted Loss per Share		149,565,330			123,019,227			135,968,202			109,387,409

See Notes to Condensed Consolidated Financial Statements

BIONEUTRAL GROUP, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

	For the Nine Months Ended July 31,
	For the Three Months Ended January 31,
	2013			2012
	2014			2013
CASH FLOWS FROM OPERATING ACTIVITIES
Net Loss	$	(2820,~~529,497~~640	)	$	(2761,~~040,548~~380	)
Adjustments to Reconcile Net Loss To Net Cash Used in Operating Activities
Stock Based Compensation		~~481~~(72,~~315~~264	)		~~5,431~~-
Depreciation and Amortization		~~531~~177,~~702~~234			~~531~~177,~~702~~234
Issuance of Stock related to professional services		2010,~~342~~000			~~435~~108,~~800~~805
Interest added to promissory notes		8357,~~575~~499			5429,~~356~~408
Change in fair value of derivative liability		(95,251	)		-
Non-Cash Interest		-			109,642
Amortization of debt discount		425,281			-
Change in Fair Value of Derivative Liability		(8,512	)		(61,875	)
Settlement of Consulting Expense – Vinfluence Settlement		(238,750	)
Amortization of Debt Discount		40,424			-
Changes in Operating Assets and Liabilities
Accounts receivable		(1,259	)		50
Accounts Receivable		6,033			-
Inventory		(162,~~679~~027	)		~~106~~203
Other Assets		11,996			(11,996	)
Prepaid Expenses - Employee Advances		-			(52,292	)
Accounts Payable and Accrued Expenses		706,165			(40,420	)
Other Assets		-			10,015
Related Party Payables		14,186			(10,711	)
Accounts Payable and Accrued Expenses		413,277			131,165
NET CASH USED IN OPERATING ACTIVITIES		(606,874	)		(1,076,230	)
Related Party Payables		518			1,036
NET CASH USED IN OPERATING ACTIVITIES		(198,458	)		(308,039	)
CASH FLOWS FROM FINANCING ACTIVITIES
Net Proceeds From Issuance of Preferred and Common Stock		-			1,000,000
Proceeds from Exchangeable Promissory Notes		199,000			308,000
Proceeds from Convertible Loan from Stockholder		-			60,000
NET CASH PROVIDED BY FINANCING ACTIVITIES		199,000			308,000
Proceeds from Convertible Promissory Notes		614,000			83,500
NET INCREASE (DECREASE) IN CASH		542			(39	)
NET CASH PROVIDED BY FINANCING ACTIVITIES		614,000			1,143,500
CASH, BEGINNING OF PERIOD		702			676
NET INCREASE IN CASH		7,126			67,270
CASH, END OF PERIOD	$	1,244		$	637
CASH, BEGINNING OF PERIOD		676			3,215
CASH, END OF PERIOD	$	7,802		$	70,485
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash paid for Interest	$	-		$	-
Cash paid for Income Taxes	$	-		$	-
SUPPLEMENTAL DISCLOSURE OF NON-CASH INFORMATION
Non-cash settlements of Promissory Note	$			$	(1,288,592	)
Non-cash settlements of Accounts Payable and Accrued Expenses	$	(31,200	)	$	-
Non-cash settlements of Accounts Payable and Accrued Expenses	$	57,826		$	(1,629,938	)
Non-cash conversion of promissory notes to common stock	$	(187,556	)	$	-
Non-cash Intellectual Property Cost (Accrual Reversal) Additions	$	-		$	(32,500	)
Aggregate value of derivative liability	$	(36,000	)	$	-
Non-cash conversion of promissory note to common stock	$	223,115		$	(104,900	)
Aggregate value of derivative liabilities	$	277,957		$	-
Beneficial conversion option	$	63,847		$	-
Shares issued to Board of Directors	$	-		$	47,200
Non-cash settlement with Vinfluence	$	1,331,999		$	1,526,673

See Notes to Condensed Consolidated Financial Statements

BioNeutral Group, Inc.

Notes to the Condensed Consolidated Financial Statements (Unaudited)

Note 1 - Nature of Business & Organization

BioNeutral Group, Inc. (the “Company”) is a specialty chemical corporation seeking to develop and commercialize a novel combinational chemistry-based technology which it believes, in certain circumstances, may neutralize harmful environmental contaminants, toxins and dangerous micro-organisms including bacteria, viruses and spores. The Company currently operates its business through its subsidiary, BioNeutral Laboratories Corporation USA (“BioNeutral Laboratories” or “BioLabs”), a corporation organized in Delaware in 2003. The Company was incorporated in the State of Nevada on April 10, 2007 under the name “Moonshine Creations, Inc.,” and changed its name to “BioNeutral Group, Inc.” on December 22, 2008.

On January 30, 2009, the Company entered into a share exchange agreement (the “Share Exchange Agreement”) with BioNeutral Laboratories pursuant to which it agreed to issue to the shareholders of BioNeutral Laboratories 45,000,000 shares of our common stock. Upon completion of this transaction, the former shareholders of BioNeutral Laboratories became the majority stockholders of the Company. Accordingly, the transaction was accounted for as a reverse merger and recapitalization of BioNeutral Group, Inc.

Note 2 – Liquidity and Financial Condition

The Company's unaudited condensed consolidated financial statements are prepared using generally accepted accounting principles applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has had no significant revenues and has generated losses from operations. In order to continue as a going concern and achieve a profitable level of operations, the Company will need, among other things, additional capital resources and to develop a consistent source of revenues. The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish its strategic plan and/or recognize revenue from its intangible assets and eventually attain profitable operations. The accompanying unaudited condensed consolidated financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. There can be no assurance the Company will be able to continue as a going concern.

At ~~July~~January 31, ~~2013~~2014, the Company had negative working capital of $2,~~403~~987,~~193~~203. For the ~~nine~~three months ended ~~July~~January 31, ~~2013~~2014 the Company incurred a net loss of $2820,~~529,497~~640 and since inception has an accumulated deficit of $5758,~~283~~640,~~641~~453. For the same period in ~~2012~~2013, the Company’s net loss was $2761,~~040,548~~380. The Company anticipates it will experience a net loss in fiscal ~~2013~~2014 as it continues to pursue markets for the sale and distribution of its products and development of access to global markets.

The Company had $71,~~802~~244 of cash at ~~July~~January 31, ~~2013~~2014. Cash used by operations for the ~~nine~~three months ended ~~July~~January 31, ~~2013~~2014 was $~~606~~198,~~874~~458. The principal ~~use~~uses of funds were for consulting services supporting the development of our business plan, legal and accounting fees in connection with being a public company and daily operations of the business, including rent, travel and laboratory costs.

During the ~~nine~~three months ended ~~July~~January 31, ~~2013~~2014, the Company raised $~~614~~199,000 of cash from the issuance of convertible debentures to fund operations.

On December 12, 2012 the Company issued a convertible promissory note to JMJ financial in the amount of $250,000 of which it received payments through the date of this report of $~~135~~190,000. It expects to receive additional payments from JMJ under the note at various intervals during the calendar year ~~2013~~2014.

OnWhile ~~October 18, 2012,~~ the ~~Board~~Company ofhas ~~Directors~~been ofable ~~the~~to ~~Company~~use ~~approved~~proceeds afrom ~~stock~~the ~~compensation~~issuance ~~plan~~of ~~for~~convertible ~~professionals~~promissory ~~and~~notes ~~consultants. The~~to ~~Plan~~fund ~~was~~a ~~approved~~substantial bybalance ~~the~~of ~~Board,~~its onoperating ~~November 7~~costs, ~~2012~~it ~~and~~does ~~the~~not ~~Company~~expect ~~filed~~that ~~with~~its ~~the~~funds ~~Securities~~will ~~and~~be ~~Exchange~~sufficient ~~Commission~~to ameet ~~registration~~its ~~statement~~anticipated onneeds ~~Form~~through ~~S-8~~February ~~for~~1, ~~issuance~~2015 ofand upit towill ~~ten~~need ~~(10) million shares pursuant~~ to ~~the~~raise ~~stock~~additional ~~compensation~~capital ~~plan. It~~during ~~plans~~fiscal 2014 to fund athe ~~portion~~full ofcosts ~~our~~associated ~~expenses~~with ~~by issuing shares of~~ its ~~S-8~~growth ~~common stock to consultants~~ and ~~professionals~~development.

OnThe ~~December~~Company ~~11,~~believes ~~2012,~~that ~~the~~it ~~Company~~will ~~entered~~be ~~into~~able anto ~~Equity~~generate ~~Purchase~~significant ~~Agreement~~sales ~~(“Equity~~by ~~Line~~the fourth quarter of ~~Credit”)~~2014 ~~with~~providing ~~Southridge~~for ~~Partners~~sufficient ~~II,~~cash LPflows ~~(“Southridge”)~~to ~~for~~supplement anits equity ~~line~~financing ofbased upon toits ~~$10,000,000~~current plans. If ~~Pursuant~~it’s able to ~~the~~execute ~~Equity~~its ~~Purchase Agreement~~plan, the Company ~~has~~can ~~the~~begin ~~right,~~to ataccumulate ~~its~~cash ~~discretion,~~reserves. There tois ~~sell~~no toassurance ~~Southridge~~however upthat its funds will be sufficient to ~~$10~~meet ~~million~~its ofanticipated needs through its ~~common~~fiscal ~~stock~~year ~~from~~2014, ~~time~~and it may need to ~~time~~raise ~~over~~additional acapital ~~36-month~~during ~~period.~~fiscal 2014 to fund the full costs associated with its growth and development. The Company believes that it will ~~have~~require ~~the~~approximately ~~right~~$2,000,000 ~~but~~in isadditional ~~not~~capital ~~obligated,~~ to ~~sell~~achieve ~~stock~~its togoals. There ~~Southridge~~can ~~depending~~be onno ~~certain~~assurances ~~conditions~~that asit ~~set~~will ~~forth~~be successful in ~~the~~raising ~~Agreement. The~~additional ~~Company~~capital ~~submitted~~on afavorable ~~registration~~terms ~~statement~~if toat ~~the~~all. ~~SEC~~If ~~and~~the Company is ~~currently~~unable ~~engaged~~to insecure ~~the~~additional ~~process~~capital, ofit ~~responding~~may tobe ~~comments~~required ~~received~~to ~~from~~curtail ~~the~~its ~~SEC.~~business ~~The~~development ~~Company~~initiatives, ~~cannot~~impair ~~begin~~its ~~utilizing~~intellectual ~~the~~property ~~Equity~~and ~~Line~~take ofadditional ~~Credit~~measures ~~until~~to ~~approval~~reduce iscosts ~~granted~~in byorder ~~the~~to ~~SEC~~conserve cash.

~~While~~These conditions raise substantial doubt about the Company’s ~~has~~ability to continue as a going concern. Accordingly, the accompanying unaudited condensed consolidated financial statements have been ~~able~~prepared toin ~~use~~conformity ~~proceeds~~with ~~from~~accounting principles generally accepted in the ~~issuance~~United States of ~~convertible~~America, ~~promissory~~which ~~notes~~contemplates tocontinuation ~~fund~~of the Company as a ~~substantial~~going ~~balance~~concern and the realization of ~~its~~assets ~~operating~~and ~~costs,~~the itsatisfaction ~~does~~of ~~not~~liabilities ~~expect~~in ~~that~~the ~~its~~normal ~~funds~~course ~~will~~of bebusiness. ~~sufficient~~The tocarrying ~~meet~~amounts ~~its~~of ~~anticipated~~assets ~~needs~~and ~~through~~liabilities ~~August~~presented 1,in ~~2014~~the ~~and~~financial itstatements ~~will~~do ~~need~~not necessarily purport to ~~raise~~represent ~~additional~~realizable ~~capital~~or ~~during~~settlement ~~fiscal~~values. ~~2013~~The tounaudited ~~fund~~condensed ~~the~~consolidated ~~full~~financial ~~costs~~statements ~~associated~~do ~~with~~not ~~its~~include ~~growth~~any ~~and~~adjustments ~~development~~that might result from the outcome of this uncertainty.

The Company believes that it will be able to generate significant sales by the first quarter of 2014 providing for sufficient cash flows to supplement its equity financing based on its current plans. If it’s able to execute its plan, the Company can begin to accumulate cash reserves. There is no assurance however that its funds will be sufficient to meet its anticipated needs through its fiscal year 2013, and it may need to raise additional capital during fiscal 2013 to fund the full costs associated with its growth and development. The Company believes that it will require approximately $2,000,000 in additional capital to achieve its goals. There can be no assurances that it will be successful in raising additional capital on favorable terms if at all. If the Company is unable to secure additional capital, it may be required to curtail its business development initiatives, impair its intellectual property and take additional measures to reduce cost in order to conserve cash.

These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Accordingly, the accompanying unaudited condensed financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplates continuation of the Company as a going concern and the realization of assets and the satisfaction of liabilities in the normal course of business. The carrying amounts of assets and liabilities presented in the financial statements do not necessarily purport to represent realizable or settlement values. The unaudited condensed financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Note 3 - Summary of Significant Accounting Policies

Basis of Presentation

The condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial statements and with Form 10-Q and Article 8 of Regulation S-X of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not contain all the information and footnotes required by GAAP for annual financial statements. The condensed consolidated financial statements include the accounts of the Company and its majority owned subsidiary. All significant intercompany balances and transactions have been eliminated in consolidation. In the opinion of the Company’s management, the accompanying condensed consolidated financial statements contain all the adjustments necessary (consisting only of normal recurring accruals) to make the financial position of the Company as of ~~July~~January 31, ~~2013~~2014 and the results of operations ~~for the three~~ and ~~nine months ended July 31, 2013 and 2012 and~~ cash flows for the ~~nine~~three months ended ~~July~~January 31, ~~2013~~2014 and ~~2012~~2013 not misleading. The unaudited condensed consolidated financial statements for the quarterly periods ended ~~July~~January 31, ~~2013~~2014, and ~~2012~~2013 are not necessarily indicative of the operating results for the full year and it is suggested that these unaudited condensed consolidated financial statements be read in conjunction with the audited financial statements for the years ended October 31, ~~2012~~2013 and ~~2011~~2012 as contained in the Form 10-K filed on ~~January~~February 2913, ~~2013~~2014.

Revenue recognition

The revenue recorded is presented net of sales and other taxes we collect on behalf of governmental authorities and includes shipping and handling costs, which generally are included in the list price to the customer. Our policy is to recognize revenue in accordance with SEC Staff Accounting Bulletin No. 104 based on when (i) persuasive evidence of an arrangement exists, (ii) delivery or performance has occurred, (iii) the fee is fixed or determinable, and (iv) collectability of the sale is reasonably assured, which is normally the date the product is shipped.

Accounts Receivable and Allowance for Doubtful Accounts

Accounts receivable are stated at the amount the Company expects to collect. The Company provides an allowance for doubtful accounts equal to the estimated uncollectible amounts. The Company’s estimate is based on historical collection experience and a review of the current status of trade accounts receivable. It is reasonably possible that the Company’s estimate of the allowance for doubtful accounts will change. Accounts receivable are presented net of an allowance for doubtful accounts ofwhich ~~$44,672~~was not material at both ~~July~~January 31, ~~2013~~2014 and October 31 ~~2012~~2013.

Cash and Cash Equivalents

The Company considers all highly liquid investments with a maturity of six months or less when purchased to be cash equivalents. For financial statement purposes, investments in money market funds are considered a cash equivalent and are included in cash and cash equivalents. The Company maintains its cash and cash equivalents at high credit quality institutions, with balances, at times, in excess of federally insured limits. As of ~~July~~January 31, ~~2013~~2014, the Company did not exceed the federally insured limits. Management ~~believed~~believes that the financial institution that holds our deposits are financially sound and therefore pose minimal credit risk. At ~~July~~January 31, ~~2013~~2014 and October 31 ~~2012~~2013, the Company did not hold any cash equivalents.

Inventory

Inventories are stated at the lower of cost or market determined by the first-in, first-out method. In the normal course of business, when a customer places an order, the Company will place an order for manufacturing with its contract manufacturer. Inventory consists ~~primarily~~ of finished goods~~. Once~~ ~~completed,~~and ~~the~~raw ~~contract manufacturer will ship directly to the customer. As such~~materials, ~~the~~both ~~Company~~of ~~does~~which ~~not~~are ~~currently~~immaterial ~~store~~and ~~inventoried~~warehoused ~~product~~ at ~~any~~our ~~location. In~~contract ~~addition, the Company does not have significant sales~~manufacturer. ~~If sales were to increase in the future, the Company may decide that the best course of action would be to carry inventory.~~

Non-Controlling Interest

A non-controlling interest was created as a result of the Company’s reorganization and recapitalization with a public shell corporation. The non-controlling interest arose because the Company’s records indicated that initially 14% of the shareholders of the accounting acquirer in the transaction, BioLabs, did not participate in the exchange of their shares of common stock of BioLabs for shares of common stock of the Company. In all material respects, the shares of the Company and the shares of the common stock of BioLabs included in the non-controlling interest represent different legal instruments conveying mirror ownership claims to the same underlying net assets and operations, as reflected in these unaudited condensed consolidated financial statements.

Use of Estimates

The preparation of the financial statements in conformity with GAAP 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 dates of the financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates. These estimates and assumptions include valuing equity securities, share based payment arrangements, deferred taxes and related valuation allowances and estimating the fair value of long-lived assets to assess whether impairment charges may be necessary. Certain of our estimates, could be affected by external conditions, including those unique to our industry, and general economic conditions. It is possible that these external factors could have an effect on our estimates that could cause actual results to differ from our estimates. The Company re-evaluates all of its accounting estimates at least quarterly based on these conditions and record adjustments when necessary.

Fair Value Measurements

The Company adopted the provisions of ASC Topic 820, “Fair Value Measurements and Disclosures”, which defines fair value as used in numerous accounting pronouncements, establishes a framework for measuring fair value and expands disclosure of fair value measurements.

The estimated fair value of certain financial instruments, including cash and cash equivalents, accounts receivable, accounts payable and accrued expenses are carried at historical cost basis, which approximates their fair values because of the short-term nature of these instruments. The carrying amounts of our long-term credit obligations approximate fair value because the effective yields on these obligations, are comparable to rates of returns for instruments of similar credit risk.

ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value:

Level 1 — quoted prices in active markets for identical assets or liabilities

Level 2 — quoted prices for similar assets and liabilities in active markets or inputs that are observable

Level 3 — inputs that are unobservable (for example cash flow modeling inputs based on assumptions)

Financial liabilities measured at fair value on a recurring basis are summarized below:

	Fair value measurements at July 31, 2013
	Fair value measurements at January 31, 2014
			Quoted prices in
			active markets for	Significant	Significant
			unobservable	other	observable
			observable	other	unobservable
			identical assets	inputs	inputs
	Total		(Level 1)	(Level 2)	(Level 3)
Derivative liability	$	~~354~~156,~~095~~913			$	~~354~~156,~~095~~913

The derivative liabilities are measured at fair value using quoted market prices and estimated volatility factors based on historical quoted market prices for the Company’s common stock, and are classified within Level 3 of the valuation hierarchy.

The following table sets forth a summary of the changes in the fair value of the Company’s Level 3 financial liabilities that are measured at fair value on a recurring basis:

	July 31,			October 31,
	January 31,			October 31,
	2013			2012
	2014			2013
	(unaudited)
Beginning Balance	$	--129,425		$	--
Aggregate fair value of derivative issued		~~277~~36,~~957~~000			--337,221
Issuance date charge for difference between fair value and note proceeds		~~171,389~~-			--171,389
Change in fair value of derivative included in results of operations		(958,~~251)~~512	)		--(379,185	)
Ending Balance	$	~~354~~156,~~095~~913		$	--129,425

Convertible Instruments

The Company evaluates and accounts for conversion options embedded in convertible instruments in accordance with ASC 815 “Derivatives and Hedging Activities.”

Applicable GAAP requires companies to bifurcate conversion options from their host instruments and account for them as freestanding derivative financial instruments according to certain criteria. The criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under other GAAP with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument.

Stock-Based Compensation

The Company recognizes compensation expense for stock-based compensation in accordance with ASC Topic 718. For employee stock-based awards, the Company calculates the fair value of the award on the date of grant using the Black-Scholes method for stock options and the quoted price of its common stock for unrestricted shares; the expense is recognized over the service period for awards expected to vest. For non-employee stock-based awards, the Company calculate the fair value of the award on the date of grant in the same manner as employee awards, however, the awards are revalued at the end of each reporting period and the pro rata compensation expense is adjusted accordingly until such time the nonemployee award is fully vested, at which time the total compensation recognized to date equals the fair value of the stock-based award as calculated on the measurement date, which is the date at which the award recipient’s performance is complete. The estimation of stock-based awards that will ultimately vest requires judgment, and to the extent actual results or updated estimates differ from original estimates, such amounts are recorded as a cumulative adjustment in the period estimates are revised. The Company considers many factors when estimating expected forfeitures, including types of awards, employee class, and historical experience.

Reclassifications

Certain accounts in the prior year financial statements have been reclassified for comparative purposes to conform with the presentation in the current year financial statements. These reclassifications have no effect on previously reported loss.

Net income (loss) per share

The Company utilizes FASB ASC 260, Earnings per Share, to calculate gain or loss per share. Basic gain or loss per share is computed by dividing the gain or loss available to common stockholders (as the numerator) by the weighted-average number of shares of common stock outstanding (as the denominator). Diluted gain or loss per share is computed similar to basic gain or loss per share except that the denominator is increased to include the number of additional shares of common stock that would have been outstanding if all potential common stock (including common stock equivalents) had all been issued, and if such additional shares of common stock were dilutive. Under FASB ASC 260, if the additional shares of common stock are not dilutive, they are not added to the denominator in the calculation. Where there is a loss, the inclusion of additional shares of common stock is anti-dilutive (since the increased number of shares reduces the per share loss available to common stock holders). The Company incurred a loss for the three ~~and nine~~ months ended ~~July~~January 31, ~~2013~~2014 and ~~2012~~2013 therefore, common stock equivalents have been excluded from the calculation of diluted loss per share.

The following table outlines the common stock equivalents outstanding as of ~~July~~January 31, ~~2013~~2014 and ~~2012~~2013.

	7/31/2013		7/31/2012
	1/31/2014		1/31/2013
Convertible Series A Preferred Stock – Non Controlling Interest		594,930		594,930
Convertible Series B Preferred Stock		6,686,375		6,686,375
Convertible Series C Preferred Stock		7,010,125		7,010,125
Convertible Series D Preferred Stock		16,031,375		17,006,375
Stock Options		6,142,809		6,142,809
Convertible Loans		1,960,266,081		25,003,347
Convertible Loans		344,061,637		12,812,522
		1,990,588,886		56,301,152
		380,527,251		50,253,136

The Convertible Series A Preferred shares are currently held by the Non-Controlling interests until such time as they are converted into the Company’s common shares.

Recent Accounting Pronouncements

InThe ~~July 2012, the~~ FASB has issued ASU ~~2012~~No. 2013-0211, ~~“Intangibles-Goodwill~~Income ~~and~~Taxes ~~Other~~ (Topic ~~350~~740): ~~Testing~~Presentation ~~Indefinite-Lived~~of ~~Intangible~~an ~~Assets~~Unrecognized ~~for~~Tax ~~Impairment."~~Benefit ~~This~~When ~~ASU~~a ~~simplifies~~Net ~~how~~Operating ~~entities~~Loss ~~test~~Carryforward, ~~indefinite-lived~~a ~~intangible~~Similar ~~assets~~Tax ~~for~~Loss, ~~impairment~~or ~~which~~a ~~improve~~Tax ~~consistency~~Credit inCarryforward ~~impairment~~Exists ~~testing~~(a ~~requirements~~consensus ~~among~~of ~~long-lived~~the ~~asset~~FASB ~~categories~~Emerging Issues Task Force). U.S. ~~These~~GAAP ~~amended~~does ~~standards~~not ~~permit~~include anexplicit ~~assessment~~guidance on the financial statement presentation of ~~qualitative~~an ~~factors~~unrecognized totax ~~determine~~benefit ~~whether~~when ita isnet ~~more~~operating ~~likely~~loss ~~than~~carryforward, ~~not~~a similar tax loss, or a tax credit carryforward exists. The amendments in this ASU state that ~~the~~an ~~fair~~unrecognized ~~value~~tax benefit, or a portion of an ~~indefinite-lived~~unrecognized ~~intangible~~tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset isfor ~~less~~a ~~than~~net ~~its~~operating ~~carrying~~loss ~~value~~carryforward, a similar tax loss, or a tax credit carryforward, except as follows. ~~For~~To ~~assets~~the inextent ~~which~~a ~~this~~net ~~assessment~~operating ~~concludes~~loss itcarryforward, isa ~~more~~similar ~~likely~~tax ~~than~~loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the ~~fair~~disallowance ~~value~~of isa ~~more~~tax ~~than~~position ~~its~~or ~~carrying~~the ~~value,~~tax ~~these~~law ~~amended~~of ~~standards~~the ~~eliminate~~applicable jurisdiction does not require the ~~requirement~~entity to ~~perform~~use, ~~quantitative~~and ~~impairment~~the ~~testing~~entity asdoes ~~outlined~~not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the ~~previously~~financial ~~issued~~statements ~~standards~~as a liability and should not be combined with deferred tax assets. This ASU applies to all entities that have unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists at the reporting date. The ~~guidance~~amendments isin this ASU are effective for ~~annual~~fiscal years, and interim ~~impairment~~periods ~~tests~~within ~~performed~~those years, beginning after December 15, 2013. For nonpublic entities, the amendments are effective for fiscal years, and interim periods within those years, beginning after ~~September~~December 15, ~~2012,~~2014. ~~early~~Early adoption is permitted. The amendments should be applied prospectively to all unrecognized tax benefits that exist at the effective date. Retrospective application is permitted. The adoption of this standard ~~did~~is not expected to have a material impact on the Company’s ~~consolidated~~results ~~financial~~of ~~position~~operations, ~~and~~cash ~~results~~flows ofor ~~operations~~financial position.

In July 2013, the FASB issued ASU 2013-11, “Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists.” Under this new guidance, companies must present this unrecognized tax benefit in the financial statements as a reduction to deferred tax assets created by net operating losses or other tax credits from prior periods that occur in the same taxing jurisdiction. If the unrecognized tax benefit exceeds such credits it should be presented in the financial statements as a liability. This update is effective for annual and interim reporting periods for fiscal years beginning after December 15, 2013. The adoption of this standard is not expected to have a material impact on the Company’s results of operations, cash flows or financial position.

Note 4 – Intellectual Property

The Company has several patent applications pending regarding proprietary chemical formulations that the Company believes are capable of neutralizing noxious chemicals and eliminating harmful microbes. The Company capitalized the costs of acquired technology, know-how and trade secrets and identifiable costs incurred to develop file and defend the Company’s Intellectual Property and new patent or provisional patent applications (collectively “Intellectual Property”) in accordance with FASB ASC 350. Periodic gross carrying amounts and related accumulated amortization were as follows:

	7/31/2013			10/31/2012
	1/31/2014			10/31/2013
Gross Carrying Amount	$	15,256,688		$	15,256,688
Accumulated Amortization		(56,~~830~~184,~~009~~371	)		(56,~~298~~007,~~466~~190	)
Net Carrying Amount	$	9,~~426~~072,~~679~~317		$	9,~~958~~249,~~222~~498

The Company follows FASB ASC 350-30-35 and amortizes the costs of its Intellectual Property over the shorter of its specific useful life, or 20 years. The Company is amortizing its Intellectual Property over 20 years, with no anticipated residual value. Amortization expense for the three months ended ~~July~~January 31, ~~2013~~2014 and ~~2012~~2013 was $177,181 and $177,181, respectively. ~~Amortization expense for the nine months ended July 31, 2013 and 2012 was $531,543 and $531,543, respectively.~~

Estimated amortization expense is as follows

10/31/2013 (Remaining)			177,181
10/31/2014 (Remaining)			531,542
10/31/2014			708,723
10/31/2015			708,723
10/31/2016			708,723
10/31/2017			708,723
10/31/2018			708,723

The Intellectual Property is evaluated annually for recoverability pursuant to FASB ASC 350-30-35-14 and related guidance in ASC 360-10-35-17 thru 35-35. An impairment loss is recognized if the asset is determined not to be recoverable and its carrying amount exceeds its fair value. During its annual impairment testing, the Company did not identify an impairment loss.

Note 5 - Related Party Payables

During the three months ended ~~July~~January 31, ~~2013~~2014 and ~~2012~~2013, the Company recorded interest expense of $518 and $518, respectively, ~~and during the nine months ended July 31, 2013 and 2012, the Company recorded interest expense of $1,554 and $1,554, respectively,~~ on promissory notes entered into with former members of the Board of Directors who resigned their positions with the Company on January 29, 2009.

Note 6 - Stock Based Compensation

The Company issues shares of its common stock to employees and non-employees as compensation for services provided. Stock based compensation related to employees is accounted for in accordance with FASB ASC 718-10 and ASC 505-50 for non-employees. All shares issued during fiscal years ~~2012~~2013 and ~~2011~~2012 were fully vested upon grant of the shares or no later than the respective year end dates.

Employees and Board Members

Measurement of compensation cost related to shares of common stock issued to employees is based on the grant date fair value of the shares. Fair value was determined through the use of quoted prices in the trading market for the Company’s shares (OTCBB) or arms-length exchanges of shares for cash in private transactions, in periods that quoted market prices were not available.

~~During~~On ~~the~~December ~~nine months ended July~~11, ~~31,~~ 2013, the Company ~~issued~~canceled 21,~~340~~705,~~350~~152 shares of its S-8 registered common stock which had been issued to ~~employees~~an employee for compensation and out of pocket expenses ofincurred ~~$76,347~~in ~~for~~fiscal ~~the nine months ended July 31,~~ 2013~~. The~~ ~~shares were valued and issued based on the preceding ten (10) day average~~ of ~~the prevailing quotation prices for the Company's stock~~$72,263.

On July 10, 2013, the Board of Directors approved and adopted Deferred Compensation arrangements with certain key employees (the “Deferred Compensation Agreements”). Pursuant to the Deferred Compensation Agreements, the Company’s: 1) President and Chief Executive Officer, Mark Lowenthal, 2) Chief Scientific Officer, Andy Kielbania and 3) internal accountant, Tom Cunningham, (the “Employees”), have agreed to defer significant portions of their compensation over the course the current fiscal year. Through the date of this report the Employees have collectively deferred $370,961 of salaried compensation. The Employees agreed to defer their compensation to financially assist the efforts undertaken to commercialize the Company’s products. In light of the contributions made by the Employees, the Board agreed to execute agreements with the Employees that (among other provisions) provide for a payment date, interest at eight percent 8% per annum and the option to convert any unpaid balance to shares of the Company’s common stock.

On April 25, 2013 the Company issued 787,500 shares of its restricted common stock to employees as bonus compensation of $78,750 for the 2012 calendar year. The shares were valued and issued at $.10 based on the closing quotation price for the Company's stock on December 31, 2012. The administrative process to issue the shares finally culminated on April 25, 2013.

On February 27, 2013, the Company issued an aggregate of 1,075,375 shares of its restricted common stock to members of its Board of Directors as compensation for their participation the Board, and recorded $78,500 of expenses of board of directors’ fees. The shares were valued and issued at $.07 per share based on the preceding ten (10) day average of the prevailing quotation prices for the Company's stock.

Note 7 – Stockholders’ Equity (and Non-Controlling Interest)

Common Stock

On ~~May~~December 1318, 2013, the Company ~~issued~~filed ~~260,000~~a ~~shares~~Schedule 14C Information Statement with the SEC to notify the stockholders of ~~its~~the ~~restricted~~Company of Management’s plan to increase the number of authorized shares of common stock from one billion (1,000,000,000) to afour ~~law~~billion ~~firm~~(4,000,000,000) ~~for~~shares ~~settlement~~with the Secretary of ~~legal~~State ~~fees~~of Nevada. At a meeting held on November 26, 2013, and in conjunction with a unanimous consent of $7the Board on December 11,~~800~~ 2013, the Board authorized management to increase the number of shares authorized to four billion shares. The additional three billion (3,000,000,000) shares ~~were~~of ~~valued~~Common Stock so authorized will be available for issuance by the Board for stock splits or stock dividends, acquisitions, raising additional capital, stock options or other corporate purposes. The additional shares of Common Stock could be used for potential strategic transactions, including, among other things, acquisitions, strategic partnerships, joint ventures, restructurings, business combinations and ~~issued~~investments, atalthough $there are no immediate plans to do so.03 ~~per~~Assurances ~~share~~cannot ~~based~~be provided that any such transactions will be consummated on ~~the~~favorable ~~prevailing~~terms ~~quotation~~or ~~prices~~at ~~for~~all, that they will enhance stockholder value or that they will not adversely affect the Company's business or the trading price of the Common Stock. The purposes for increasing the authorized shares include providing available shares for (i) the exercise of all outstanding options; (ii) the conversion of outstanding convertible promissory notes and deferred compensation agreements; (iii) the conversion of the Series A, B, C and D Convertible Preferred Stock; (iv) future issuances of stock options pursuant to employees; and (v) issuances to satisfy conversions of future convertible debt or convertible preferred stock. We mailed the Notice of Stockholder Action by Written Consent to the Stockholders on December 31, 2013. The authorized share increase became effective on the date that the Company filed the Certificate of Amendment to the Amended Certificate of Incorporation of the Company (the "Amendment") with the Secretary of State of the State of Nevada. The Company filed the Amendment with the Secretary of State of the State of Nevada on January 2, 2014.

On December 2619, ~~2012~~2013, the Company issued ~~145~~11,~~678~~000,000 shares of its ~~S-8~~restricted ~~registered~~ common stock to a ~~marketing~~consulting ~~consultant,~~firm for ~~his~~marketing ~~efforts~~fees ~~offering our products for sale to potential customers and recorded travel and entertainment expenses~~ of $10,~~343~~000. The shares were valued and issued at $.070009 per share based on the ~~preceding ten (10) day average of the~~ prevailing quotation prices for the Company's stock.

~~During~~On ~~the~~November ~~nine months ended July 31~~21, 2013, the Company issued 51,~~071~~000,~~099~~000 shares of its ~~S-8 registered~~ common stock to ~~sales~~Randy ~~consultants~~McNeil ~~for~~pursuant ~~their~~to ~~fees~~a ofstock ~~$225,192~~purchase ~~for~~agreement ~~the~~with ~~nine~~Mr. ~~months~~McNeil ~~ended~~on ~~July~~September 3112, 2013 for $5,000. The ~~shares~~purchase ~~were~~price ~~valued~~per ~~and~~share ~~issued~~of ~~based~~the oncommon ~~the~~stock ~~preceding~~is ~~ten~~$.005 ~~(10)~~which ~~day~~was ~~average~~equal ofto the ~~prevailing~~closing ~~quotation~~trading ~~prices~~price ~~for~~of the Company'’s common stock on September 10, 2013.

On November 21, 2013, the Company issued 1,466,276 shares of its common stock to Bernie Casamento pursuant to a stock purchase agreement with Mr. Casamento on August 16, 2013 for $10,000. The purchase price per share of the common stock was $.0068 which was equal to the average closing trading price of the Company’s common stock for the five (5) preceding days of the closing on August 16, 2013.

On November 21, 2013, the Company issued 1,466,276 shares of its common stock to Bob Rutherford pursuant to a stock purchase agreement with Mr. Rutherford entered into on August 16, 2013 for $10,000. The purchase price per share of the common stock was $.0068 which is equal to the average closing trading price of the Company’s common stock for the five (5) preceding days of the closing on August 16, 2013.

On November 13, 2013, the Company issued 24,000,000 to reduce certain outstanding accounts payable. The shares were valued at $.0013 representing the approximate trading price of the Company’s common stock at the time of the issuance.

OnDuring ~~February~~the 27three months ended January 31, ~~2013~~2014, the Company issued ~~121~~189,~~951~~900,000 shares of its ~~restricted~~ common stock to ~~the~~JMJ ~~WahlRich~~Financial ~~Group, a marketing consultant firm,~~ for ~~fees~~conversion ~~associated with their efforts~~ of ~~package~~principal ~~design~~and ~~for~~unpaid ~~our~~interest ~~products. The~~of ~~Company recorded~~ $1061,~~000 to consulting expense~~474. ~~The shares were valued and issued at $.08 per share based on the preceding ten (10) day average of the prevailing quotation prices for the Company's stock.~~

During the ~~nine~~three months ended ~~July~~January 31, ~~2013~~2014, the Company issued ~~181~~198,~~818~~072,984 shares of ~~its S-8 registered~~ common stock to aAsher ~~consultant~~Enterprises ~~for~~to ~~accounting~~convert ~~services~~short-term ~~fees~~convertible ofpromissory ~~$8,040.~~notes ~~The~~in ~~shares were valued and issued based on~~ the ~~preceding~~aggregate ~~ten~~amount ~~(10) day average~~ of ~~the prevailing quotation prices for the Company's stock~~$65,450.

During the ~~nine~~three months ended ~~July~~January 31, ~~2013~~2014, the Company issued ~~412~~120,~~121~~853,516 shares of ~~its S-8 registered~~ common stock to anGEL ~~employee for administrative support services fees of $16~~Properties,~~320. The~~ ~~shares~~LLC ~~were valued and issued based on the preceding ten~~ (10“GEL”) ~~day~~to ~~average~~convert ofshort-term ~~the~~convertible ~~prevailing~~promissory ~~quotation~~notes ~~prices~~in ~~for~~ the ~~Company's~~aggregate ~~stock~~of $60,632.

On April 8, 2013, the Company issued 160,000 and 250,000 shares of its restricted common stock to Frank Battafarano and Ronald Del Mauro, respectively. In connection with the shares referenced above, the Company recorded board of director fee expenses of $32,800. Mr. Battafarano and Mr. Del Mauro were former members of the Board. The shares issued as referenced above were issued to compensate Mr. Battafarano and Mr. Del Mauro for partial completion of their agreed upon terms as members of the Board, and replace share certificates previously issued, and which have been subsequently returned to the Company and cancelled, in the amount of 500,000 shares each to both Mr. Battafarano and Mr. Del Mauro, which were originally issued to them at the inception of their terms as members of the Board. The shares were valued and issued at $.08 based on the original service agreements with each.

During the nine months ended July 31, 2013, the Company issued 12,000,000 shares of its common stock to JMJ Financial for conversion of principal and unpaid interest of $25,375.

During the nine months ended July 31, 2013, the Company issued 17,454,687 shares of common stock to to Asher Enterprises to convert short-term convertible promissory notes in the aggregate of $197,740.

Non-Controlling Interest

In connection with the reverse acquisition disclosed in Note 1, initially approximately 14% of BioLabs’ common shareholders did not participate in the exchange of their shares of BioLabs common stock for shares of common stock of the Company. Those shareholders are recognized as a non-controlling interest in the Company’s condensed consolidated financial statements in accordance with FASB ACS 805-40-25-2. The assets, liabilities and operations underlying the shares of BioLabs and the Company are identical. However, the shares representing ownership of the Company reflect the combined entity after the Share Exchange transaction, while BioLabs shares included in the non-controlling interest held by the non-controlling interest represent ownership of that legal entity.

Non-Controlling Interest at October 31, 2010	$	570,301
Non-Controlling Interest Converted		(25	)
Non-Controlling interest Share of Net Loss for the Year ended October 31, 2011		(241,693	)
Non-Controlling Interest at October 31, 2011		328,583
Non-Controlling interest Share of Net Loss for the Year ended October 31, 2012		(219,981	)
Non-Controlling Interest at October 31, 2012		108,602
Non-Controlling interest Share of Net Loss for the nine months ended July 31, 2013		(213,445	)
Non-Controlling interest Share of Net Loss for the Year ended October 31, 2013		(269,303	)
Non-Controlling Interest at July 31, 2013	$	(104,843	)
Non-Controlling Interest at October 31, 2013		(160,701	)
Non-Controlling interest Share of Net Loss for the three months ended January 31, 2014		(69,262	)
Non-Controlling Interest at January 31, 2014	$	(229,963	)

The Series A Preferred Stock is not recognized in the Non-Controlling Interest. If the 59,493 shares of preferred stock were fully converted into shares of BioLabs common stock and Preferred Shareholders did not elect to exchange those shares for Company common stock, the Non-Controlling interest would be 8.44% as of ~~July~~January 31, ~~2013~~2014 and October 31, ~~2012~~2013.

Note 8 – Notes Payable

~~The~~On January 14, 2014, the Company issued ana ~~unsecured~~convertible promissory note to ~~Asher~~GEL ~~Enterprises,~~in ~~Inc.~~the ~~(“Asher”,~~amount ~~the~~of ~~“Holder”)~~$25,444, due on ~~September~~January 2014, ~~2012~~2015, which ~~resulted~~bears ininterest ~~gross~~at ~~proceeds~~6% ~~to the~~per ~~Company of $53,000~~annum. ~~The~~ ~~note~~GEL ~~bears~~is anentitled, 8%at ~~annual~~its ~~interest rate~~option, is ~~due~~at ~~and~~any ~~payable~~time ~~with~~after ~~unpaid~~the ~~interest~~requisite inrule ~~cash~~144 onholding ~~June 24~~period, ~~2013,~~to ~~and~~convert isall ~~reported~~or inany amount of the ~~Company’s~~principal ~~balance~~face ~~sheet~~amount asof ~~Notes~~this ~~Payable~~Note –then ~~Short~~outstanding ~~Term.~~into ~~The~~shares ~~Holder~~of ~~may~~the ~~convert~~Company's ~~from~~common ~~time~~stock towithout ~~time,~~restrictive ~~and~~legend atof any ~~time~~nature, ~~during~~at ~~the~~a ~~period~~conversion ~~beginning~~price onfor ~~the~~each ~~date~~share ~~which~~of isCommon ~~one~~Stock ~~hundred~~equal ~~eighty~~to ~~(180)~~65% ~~days~~of ~~following~~ the ~~Issue~~lowest ~~Dates~~closing ~~and~~bid ~~ending~~price onof the ~~Maturity~~Common ~~Dates~~Stock. In ~~the~~connection ~~unpaid~~with ~~principal~~the ~~amount~~issuance ~~and interest into shares~~ of the ~~Company’s~~convertible ~~common~~promissory ~~stock~~note ~~equal~~ to ~~the~~GEL, ~~Conversion~~GEL ~~Price~~purchased ~~which~~a ispromissory ~~the~~note ~~product~~issued ~~obtained~~to byRay ~~multiplying~~Dunning ~~65%~~on byJanuary ~~the~~31, ~~Market~~2013 ~~Price~~in ~~(as~~the ~~defined~~amount inof ~~the~~$23,600 ~~notes)~~plus accrued and ~~then~~unpaid ~~dividing~~interest. During the ~~then~~three ~~outstanding~~months ~~principal~~ended ~~amount~~January of31, ~~the~~2014 ~~note by~~ the ~~Conversion~~Company ~~Price~~received asthree notices of ~~the~~conversion ~~date~~from ofGEL, ~~such~~and ~~conversion. The~~pursuant ~~note~~to ~~was~~those ~~converted~~notices toissued 27,500,000 shares of ~~the Company’s~~ common stock atto ~~various~~settle ~~points~~loan proceeds in ~~time~~the ~~during~~collective ~~2013~~amount of $13,387.

The Company issued a convertible promissory note to Asher in July 2012 which issuance resulted in gross proceeds to the Company of $83,500. The note bears an 8% annual interest rate, is due and payable with unpaid interest in cash in April 13, 2013, and is reported in the Company’s balance sheet as Current Portion of Notes Payable. The Holder may convert from time to time, and at any time during the period beginning on the date which is one hundred eighty (180) days following the issue date and ending on the maturity date the unpaid principal amount and interest into shares of the Company’s common stock equal to the Conversion Price which is the product obtained by multiplying 65% by the Market Price (as defined in the notes) and then dividing the then outstanding principal amount of the note by the Conversion Price as of the date of such conversion. The note was converted to shares of the Company’s common stock at various points in time during 2013.11

On ~~October~~January 3114, ~~2012~~2014, the Company ~~entered~~issued ~~into~~ a ~~Securities Purchase Agreement (the “Purchase Agreement”) with Asher for the sale and issuance of an 8%~~ convertible promissory note to GEL in the ~~principal~~ amount of $5325,~~000~~276, ~~(the~~due ~~“Note”). The Purchase Agreement became effective~~ on ~~November~~January 214, ~~2012~~2015, ~~when~~which ~~the~~bears ~~transaction~~interest ~~closed. The~~at ~~principal~~6% ~~balance~~per ofannum. ~~the~~GEL ~~Note~~ is ~~convertible into common stock~~entitled, ~~$0.00001~~at ~~par~~its ~~value~~option, ofat ~~the~~any ~~Company,~~time atafter the ~~election~~requisite ofrule ~~the~~144 ~~Holder~~holding period, ~~beginning~~to ~~180~~convert ~~days~~all ~~after~~or ~~the~~any ~~issuance~~amount of the ~~Note.~~principal ~~The~~face ~~conversion~~amount ~~price~~ of ~~the~~this Note ~~shall~~then beoutstanding ~~equal~~into toshares ~~58%~~of ~~multiplied by~~ the ~~market~~Company's ~~price~~common ~~(as~~stock ~~defined~~without inrestrictive ~~the~~legend ~~Note).~~of ~~The~~any ~~Note~~nature, ~~matures~~at ona ~~August~~conversion 2,price ~~2013.~~for ~~The~~each ~~Company~~share ~~has~~of ~~the~~Common ~~right~~Stock equal to ~~prepay~~65% of the ~~principal~~lowest ~~and~~closing ~~interest~~bid atprice aof ~~premium depending on~~ the ~~date~~Common ~~that~~Stock. In itconnection iswith ~~prepaid.~~the ~~Interest~~issuance onof the ~~Note~~convertible ~~accrues~~promissory atnote ato ~~rate~~GEL, ofGEL 8%purchased ~~per~~a ~~annum.~~promissory ~~The~~note ~~Note~~issued ~~contains~~to ~~customary~~Ray ~~default~~Dunning ~~provisions,~~on ~~including~~February ~~provisions~~28, ~~for~~2013 ~~potential~~in ~~acceleration~~the amount of ~~the Note~~$23,600 aplus ~~default~~accrued ~~premium,~~ and ~~default~~unpaid interest ~~of 22%~~.

On ~~December~~January 1214, ~~2012~~2014, ~~BioNeutral Group, Inc. (~~the “Company”) issued a convertible promissory note ~~(the~~to ~~“JMJ~~GEL ~~Note”)~~ in the ~~principal~~ amount of $~~250~~30,000, todue ~~JMJ~~on ~~Financial~~January ~~(“JMJ”)~~14, of2015, which ~~$135,000~~bears ~~has~~interest ~~been~~at ~~received~~6% ~~through~~per ~~the date of this report~~annum. ~~The~~GEL ~~JMJ Note~~ is ~~due~~entitled, onat ~~December~~its 12option, ~~2013.~~at ~~JMJ~~any ~~Note~~time isafter ~~interest~~the ~~free~~requisite ifrule ~~repaid~~144 ~~within~~holding 90period, ~~days~~to ~~and~~convert ifall ~~not~~or ~~paid~~any ~~within~~amount 90of ~~days~~the itprincipal ~~bears~~face ~~interest~~amount atof ~~10%.~~this ~~The~~Note ~~principal~~then ~~and~~outstanding ~~any~~into ~~accrued~~shares ~~interest~~of ~~are convertible into~~ the Company’'s common stock atwithout ~~the~~restrictive ~~lower~~legend of ~~$.09~~any ~~per~~nature, ~~share~~at ofa ~~70%~~conversion ~~of the lowest trade~~ price infor ~~the~~each 25share ~~days~~of ~~prior~~Common toStock ~~conversion.~~equal ~~JMJ has piggyback registration rights with respect~~ to ~~the~~65% ~~shares~~of ~~into which~~ the ~~JMJ~~lowest ~~Note~~closing isbid ~~convertible. During~~price ~~the nine months ended July 31, 2013 the Company received three notices~~ of ~~conversion from JMJ, and pursuant to those notices issued 12,000,000 shares of common stock to settle loan proceeds in~~ the ~~collective~~Common ~~amount of $25,375~~Stock.

On ~~February~~January 258, ~~2013~~2014, the Company ~~entered~~issued ~~into~~ a ~~Securities~~convertible ~~Purchase~~promissory ~~Agreement~~note ~~(the~~to ~~“Purchase~~GEL ~~Agreement”)~~in ~~with~~the ~~Asher~~amount ~~Enterprises,~~of ~~Inc.~~$23,600, adue ~~Delaware~~on ~~Corporation~~January ~~(the~~8, ~~“Holder”)~~2015, ~~for~~which ~~the~~bears ~~sale~~interest ~~and~~at ~~issuance~~6% ofper anannum. 8%GEL ~~convertible~~is ~~promissory~~entitled, ~~note~~at inits ~~the~~option, ~~principal~~at ~~amount~~any oftime ~~$42,500~~after (the ~~“Note”).~~requisite ~~The~~rule ~~Purchase~~144 ~~Agreement~~holding ~~became~~period, ~~effective~~to onconvert ~~March~~all ~~18,~~or ~~2013~~any ~~when~~amount of the ~~transaction closed. The~~ principal ~~balance~~face amount of ~~the~~this Note isthen ~~convertible~~outstanding into shares of the Company's common stock, ~~$0.00001~~without ~~par~~restrictive ~~value,~~legend of ~~the~~any ~~Company~~nature, at ~~the~~a ~~election~~conversion ofprice ~~the~~for ~~Holder,~~each ~~beginning~~share ~~180~~of ~~days~~Common ~~after~~Stock ~~the~~equal ~~issuance~~to 65% of the ~~Note.~~lowest ~~The~~closing ~~conversion~~bid price of the ~~Note~~Common ~~shall~~Stock. In beconnection ~~equal~~with ~~to 58% multiplied by~~ the ~~market~~issuance ~~price~~of ~~(as defined in~~ the ~~Note).~~convertible ~~The~~promissory ~~Note~~note ~~matures~~to ~~on November 27~~GEL, ~~2013.~~GEL ~~The~~also ~~Company~~purchased ~~has~~a ~~the~~promissory ~~right~~note issued to ~~prepay~~Ray ~~the~~Dunning ~~principal~~on ~~and~~April ~~interest~~30, at2013 ain ~~premium~~the ~~depending~~amount onof $23,600. During the ~~date~~three ~~that~~months itended isJanuary ~~prepaid.~~31, ~~Interest~~2014 on the ~~Note~~Company ~~accrues~~received attwo anotices ~~rate~~ of 8%conversion ~~per~~from ~~annum.~~GEL, ~~The~~and ~~Note~~pursuant ~~contains~~to ~~customary~~those ~~default~~notices ~~provisions~~issued 51,914,879 ~~including~~shares ~~provisions~~of ~~for~~common ~~potential~~stock ~~acceleration~~to ofsettle the ~~Note,~~loan aamount ~~default premium, and default interest~~ of ~~22%~~$23,600.

On ~~May~~January 28, ~~2013~~2014, the Company ~~entered~~issued ~~into~~ a ~~Securities Purchase Agreement (the “Purchase Agreement”) with Asher Enterprises, Inc., a Delaware Corporation (the “Holder”) for the sale and issuance of an 8%~~ convertible promissory note to GEL in the ~~principal~~ amount of $4220,~~500~~000, ~~(the~~due ~~“Note”). The Purchase Agreement became effective~~ on ~~May~~January 138, ~~2013~~2015, ~~when~~which ~~the~~bears ~~transaction~~interest ~~closed. The~~at ~~principal~~6% ~~balance~~per ofannum. ~~the~~GEL ~~Note~~ is ~~convertible into common stock~~entitled, ~~$0.00001~~at ~~par~~its ~~value~~option, ofat ~~the~~any ~~Company,~~time atafter the ~~election~~requisite ofrule ~~the~~144 ~~Holder,~~holding ~~beginning~~period ~~180~~to ~~days~~convert ~~after~~all ~~the~~or ~~issuance~~any amount of the ~~Note.~~principal ~~The~~face ~~conversion~~amount ~~price~~ of ~~the~~this Note ~~shall~~then beoutstanding ~~equal~~into toshares ~~51%~~of ~~multiplied by~~ the ~~market~~Company's ~~price~~common ~~(as~~stock ~~defined~~without inrestrictive ~~the~~legend ~~Note).~~of ~~The~~any ~~Note matures on February 6~~nature, ~~2014. The Company has the right to prepay the principal and interest~~ at a ~~premium~~conversion ~~depending~~price onfor ~~the~~each ~~date~~share ~~that~~of itCommon isStock ~~prepaid.~~equal ~~Interest~~to on65% ~~the Note accrues at a rate~~ of 8%the ~~per~~lowest ~~annum.~~closing ~~The~~bid ~~Note~~price ~~contains customary default provisions, including provisions for potential acceleration~~ of the ~~Note,~~Common ~~a default premium, and default interest of 22%~~Stock.

On ~~June~~January 12, ~~2013~~2014, the Company ~~entered~~issued ~~into~~ a ~~Note~~convertible ~~Satisfaction~~promissory ~~and~~note ~~Exchange~~(the ~~Agreement~~“Hanafin ~~with~~Note”) ~~Herb~~to ~~Kozlov~~Ben Hanafin, a ~~shareholder~~member of the Company,’s ~~for~~Board ~~the satisfaction~~ of ~~a promissory note issued by the Company on December 6~~Directors, ~~2010~~ in ~~exchange~~the ~~for~~amount ~~cash proceeds~~ of $505,000. ~~Pursuant~~ toThe ~~the~~Hanafin Note ~~Satisfaction~~is ~~and~~due ~~Exchange~~on ~~Agreement,~~January ~~the Company will issue~~ 2,~~500~~ 2015,~~000~~ ~~shares~~and ofbears ~~its~~interest ~~restricted~~at ~~common~~18% ~~stock~~per toannum. Mr. ~~Kozlov~~Hanafin ashas ~~satisfaction of~~ the ~~principal~~right ~~amount~~to ofconvert the ~~note~~principal ~~of $50,000 plus accrued~~ and ~~unpaid~~ interest ofinto ~~$10,750 for a total of $60,750. Subsequently~~ the Company’s ~~was unable to issue the shares of restricted~~ common stock ~~due~~at toa ~~Mr.~~conversion ~~Kozlov~~price ~~due~~equal to ~~the~~50% ~~fact~~of ~~that~~ the ~~Company~~average noclosing ~~longer~~price ~~possessed~~of ~~enough shares authorized with~~ the ~~State of Nevada with which to issue Mr. Kozlov~~Company’s ~~shares.~~common Onstock ~~August~~for ~~23, 2013, Mr. Kozlov terminated~~ the ~~Note~~10 ~~Satisfaction~~preceding ~~and~~days ~~Exchange Agreement for lack~~ of ~~performance on~~ the ~~part~~Maturity ofDate the Company for failure to issue the shares within the time period prescribed under the Note Statisfaction and Exchange Agreement. Mr. Kozlov and the Company agreed to have the note remain as currently payable on the books of ~~the~~January ~~Company with interest to be accrued to date~~2, and also agreed to restructure the Note Satisfaction and Exchange Agreement when the Company possesses the requisite number of shares authorized with the State of Nevada with which to issue the shares due to Mr2015. ~~Kozlov.~~

On December 18, 2013, the Company issued a convertible promissory note to GEL in the amount of $23,600, due on December18, 2014, which bears interest at 6% per annum. GEL is entitled, at its option, at any time after the requisite rule 144 holding period, to convert all or any amount of the principal face amount of this Note then outstanding into shares of the Company's common stock without restrictive legend of any nature, at a conversion price for each share of Common Stock equal to 65% of the lowest closing bid price of the Common Stock. In connection with the issuance of the convertible promissory note to GEL, GEL purchased a promissory note issued to Ray Dunning on March 29, 2013 in the amount of $23,600. Up through and including the date of this report the Company has received conversion notices from GEL representing $18,000 of principal and interest due to GEL. During the three months ended January 31, 2014 the Company received ten notices of conversion from GEL, and pursuant to those notices issued an aggregate of 41,438,636 shares of common stock to settle the loan.

On December 18, 2013, the Company issued a convertible promissory note to GEL in the amount of $20,000, due on December18, 2014, which bears interest at 6% per annum. GEL is entitled, at its option, at any time after the requisite rule 144 holding period, to convert all or any amount of the principal face amount of this Note then outstanding into shares of the Company's common stock without restrictive legend of any nature, at a conversion price for each share of Common Stock equal to 65% of the lowest closing bid price of the Common Stock.

On ~~December~~November 611, ~~2012~~2013, the Company ~~entered~~ issued a ~~new~~Promissory ~~promissory note (the “Francis~~ Note”) to ~~Michael~~Herb ~~D. Francis~~Kozlov, ~~the~~a ~~Company’s~~shareholder ~~principal~~of ~~stockholder~~the inCompany (the ~~amount~~“Kozlov ~~of $409~~Note”),~~252.~~ ~~The~~for ~~Francis~~the ~~Note~~satisfaction ~~includes~~of ~~all~~a ~~amounts~~promissory ~~previously~~note ~~owed~~issued ~~and~~by ~~due~~the Company to Mr. ~~Francis.~~Kozlov ~~The~~on ~~Francis~~December ~~Note~~6, ~~also~~2010. Pursuant ~~includes~~to ~~$185~~the Kozlov Note,~~000~~ ofthe ~~new~~Company ~~funding~~promises ~~provided~~to bypay Mr$75,000.00 ~~Francis.~~plus ~~The~~any ~~Francis~~accrued ~~Note~~and isunpaid ~~due~~interest on ~~May~~June 61, 2014. Interest ~~The~~will ~~Francis~~accrue ~~Note~~at ~~bears~~the ~~interest~~rate atof 18fourteen (14%) per annum. Mr. ~~Francis~~Kozlov ~~has~~will have the right to ~~convert~~receive ~~the~~payment ~~principal~~of ~~and~~the ~~interest~~Kozlov ~~into~~Note ~~the~~in ~~Company’s~~shares of common stock atof ~~$.055~~the ~~per~~Company ~~share~~at ~~which~~the islower ~~equal~~of to$.03 ~~75%~~per ofshare, or the closing price of such shares on the ~~Company’s~~day ~~common~~proceeding ~~stock~~the ordate when the 10notice ~~preceding~~of ~~days~~full ~~prior~~or topartial ~~December~~conversion 6,is ~~2012~~tendered.

On ~~July~~November 15, 2013 ~~(the “Inception Date”)~~, the Company ~~entered~~issued ~~into~~ a convertible promissory note ~~modification agreement~~ (the “~~Francis~~Machinist ~~Modification~~Note”) ~~with Michael D. Francis. The Francis Modification includes all amounts previously owed and due~~ to ~~Mr.~~Robert ~~Francis pursuant to the promissory note dated December 6~~Machinist, ~~2012~~a ~~issued~~member byof the Company’s toBoard ~~Mr. Francis (the “December Note”) plus accrued and unpaid interest~~ of ~~$17~~Directors,~~367~~ ~~through~~in ~~June 30, 2013 for a total due and outstanding under~~ the ~~December~~amount ~~Note~~ of $~~426~~25,~~619 (the “December 2012 Note Balance”)~~000. ~~Since~~The ~~the~~Machinist ~~execution of the December~~ Note, ~~Mr.~~is ~~Francis~~due ~~has~~on ~~made~~November ~~several additional cash advances to the Company during the calendar year 2013 up through and including July 31~~4, ~~2013 totaling $131~~2014,~~000~~ ~~(the~~and ~~“2013~~bears ~~Advances”). The Company has agreed to accrue unpaid~~ interest at ~~the rate of eighteen percent (~~18%) per annum ~~on through June 30, 2013 on the 2013 Advances (the “Interest On 2013 Advances”)~~. ~~The sum of the 2013 Advances and Interest On 2013 Advances is $134,298 (the “2013 Advances Balance Due”)~~Mr. ~~The~~Machinist ~~sum~~has of the ~~December~~right ~~2012 Note Balance and the 2013 Advances balance due is $560,918. In consideration for reduction of the interest rate~~ to beconvert ~~accrued on~~ the ~~unpaid~~ principal ~~balance from eighteen (18%) to eight percent (8%)~~ and ~~the~~interest ~~extension~~into of the ~~promissory note maturity date to July 1, 2015, the~~ Company ~~agreed to revise the conversion price from $.055 per share of the Company~~’s common stock toat ~~$.005~~a ~~per~~conversion ~~share~~price ~~which is~~ equal to 50% of the average closing ~~trading~~ price of the Company’s common stock for the 510 preceding days of the ~~Inception~~Maturity Date, ~~and~~of toNovember ~~grant~~4, Mr2014. ~~Francis a security interest in the Company’s assets.~~

On ~~July~~November 164, 2013, the Company ~~entered~~received ~~issued~~loan aproceeds ~~convertible~~from ~~promissory~~Michael ~~note~~Francis ~~(the “Casserly Note”) to James Casserly~~ in the amount of $25,000. ~~The Casserly Note is due on July 15, 2014, and bears interest at 18% per annum.~~ Mr. ~~Casserly~~Francis ~~has the right to convert the principal~~ and ~~interest into~~ the Company’s ~~common~~agreed ~~stock at a conversion price equal~~ to ~~50%~~include of the ~~average~~additional ~~closing~~$25,000 ~~price~~ of ~~the~~proceeds ~~Company’s~~to ~~common stock for~~ the 10Francis ~~preceding days of the Maturity Date of July 15, 2014~~Modification.

On December 12, 2012, BioNeutral Group, Inc. (the “Company”) issued a promissory note (the “JMJ Note”) in the principal amount of $250,000 to JMJ Financial (“JMJ”), of which $190,000 has been received through the date of this report. The maturity date is one year from the date of each payment. The JMJ Note is interest free if repaid within 90 days and if not paid within 90 days it bears interest at 10%. The principal and any accrued interest are convertible into the Company’s common stock at the lower of $.09 per share of 70% of the lowest trade price in the 25 days prior to conversion. JMJ has piggyback registration rights with respect to the shares into which the JMJ Note is convertible. During the three months ended January 31, 2014 the Company received eight notices of conversion from JMJ, and pursuant to those notices issued an aggregate of 189,900,000 shares of common stock to settle loan proceeds in the collective amount of $61,474. At January 31, 2014 the JMJ aggregate loan balance was $81,040 including accrued interest of $16,667.

Derivative Financial Instrument

The Company evaluates and accounts for conversion options embedded in its convertible instruments in accordance with ASC 815, Derivatives and Hedging which requires issuers of financial statements to make a determination as to whether (1) an embedded conversion meets the definition of a derivative in its entirety and (2) the derivative would qualify for a scope exception to derivative accounting, which includes evaluating whether the embedded derivative would be considered indexed to the issuer’s own stock.

ASC 815 generally provides three criteria that, if met, require companies to bifurcate conversion options from their host instruments and account for them as separate derivatives in the event such derivatives would not be classified in stockholders’ equity if they were free standing. These three criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under other applicable US GAAP with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument subject to the requirements of ASC 815. ASC 815 also provides for an exception to this rule if a debt host instrument is deemed to be a conventional debt instrument.

The Company evaluated the conversion option embedded in its Convertible notes in accordance with the provisions of ASC 815 and determined that on the conversion date, the conversion option will have all of the characteristics of a derivative in its entirety and does not qualify for an exception to the derivative accounting rules. Specifically, because the exercise price of the conversion option is not fixed at any time during the term of the note. Accordingly, the embedded conversion option in the Convertible notes are classified as derivative liabilities at the conversion dates and are marked to market through earnings at the end of each reporting period. The fair value of the conversion option was determined using the intrinsic value method which the Company believes approximate the results obtained using the Binomial Lattice model. The gross proceeds ~~from~~of ~~the~~Convertible ~~issuance~~notes ofissued during the ~~Convertible~~three ~~notes~~months ended January 31, 2014 were recorded net of a discount of $~~277~~36,~~957~~000 related to the derivative liability. The debt discount will be charged to amortization of debt discount ratably over the term of the Convertible notes. Additionally, the Company recorded a discount in the amount of $159,154 in connection with the initial valuation of the beneficial conversion feature of another Convertible notes to be amortized utilizing the interest method of accretion over the expected term of the note. The Company recorded an ~~aggregate~~ amortization of the debt discount in the amount of $~~425~~40,~~281~~424 for the ~~nine~~three months ended ~~July~~January 31, ~~2013~~2014.

Note 9 ~~- Related~~ ~~Party~~– ~~Transactions~~Commitments & Contingencies

Related Party Transactions During the Nine months Ended July 31, 2013

On April 12, 2013, the Company entered into a Settlement Agreement, Global Release Cancellation of Preferred Stock Purchase Agreement, Preferred Stock Drawdown Agreement, The Agreement to Assign and Settle Notes and Agreement to License Invention by and between the Company and Vinfluence Pty Ltd (the "Global Agreement").

The Global Agreement settles the claims of each of the Company and Vinfluence which had been the subject of litigation. The Agreement also terminates the Preferred Stock Purchase Agreement, the Preferred Stock Drawdown Agreement, the Agreement to Assign and Settle Debt, the Agreement to Assign and Settle Notes Agreement and the Vinfluence License Agreement (collectively, the "Vinfluence Agreements"). As a result of the Global Agreement, the Company will cancel an aggregate of 178,042 shares of Series B and Series D Preferred Stock that had been issued to Vinfluence. The only Series B and Series D Preferred Stock that remains outstanding (an aggregate of 67,581 shares) represents debt or notes that were actually settled by Vinfluence. Each share of Preferred Stock cancelled was convertible into 125 shares of the Company's common stock thus the cancellation of the Vinfluence Agreements results in significantly less dilution than if the Preferred Stock had been converted. As part of the Global Agreement, the Company will issue Vinfluence an aggregate of 2,000,000 shares of Common Stock.

The Company received conversion notices from Vinfluence in aggregate for 0 and 160,000 shares of Series B Preferred Stock and Series D Preferred Stock which are convertible into 125 shares of common stock for each share of the Preferred Stock for the nine months ended July 31, 2013 and 2012, respectively. In satisfaction of the conversion notices, the Company issued 20,000,000 shares of common stock to Vinfluence.

Note 10 – Commitments & Contingencies

Litigation

On November 26, 2012, the Company filed a complaint against Raj Pamani, a shareholder and former director of the Company in the Superior Court of New Jersey Essex County: Chancery Division (“the Complaint”). Included also as defendants were several entities to which in 2009 the Company awarded approximately 13 million shares of its common stock in consideration for consulting contracts which the Company has concluded were fraudulently induced and were later deemed to be worthless (the “Defendant Entities”). By causing the Company to enter into the contracts to its detriment in favor of Mr. Pamani’s and the Defendant Entities self-enrichment, the Company seeks to recover damages incurred from the actions of Mr. Pamani and the Defendant Entities as a result of self-dealing, breach of fiduciary duty, breach of loyalty and fraud. As this matter unfolds, the Company may pursue and recover damages incurred from other parties that come to its attention for their participation.

On October 1, 2009, the SEC issued a formal order of investigation to the Company regarding possible securities laws violations by us and other persons. The investigation concerns the process by which the Company became a publicly traded entity, trading in the Company’s shares, and disclosure and promotion of developments in the Company’s business. The SEC has requested that the Company deliver certain documents to the SEC. The Company has, and will continue to fully cooperate with the SEC with respect to its investigation.

The Company has incurred, and expects to continue to incur, significant costs in responding to such investigation. Any adverse findings by the SEC in connection with such investigation could have a material adverse impact on the Company's business, including the Company's ability to continue to operate as a publicly traded company.

In April 2005, the Company filed in the US Patent and Trademark Office (the “USPTO”) an application for the registration of the trademarks BioNeutral™, Ogiene® and Ygiene®™, based on its intent to use each of these marks in commerce. In April 2006, the USPTO issued notices of allowance signifying that each of these trademarks was entitled to registration after timely submission of statements of use, including evidence that such trademarks have been properly used in commerce. From June through November of 2008, however, the Company’s applications for each of these trademarks were declared abandoned by the USPTO, since the Company inadvertently failed to timely file the appropriate statements of use with respect to each trademark within the ~~nine~~six-month period from the date the USPTO issued the respective notices of allowance. In July 2009, the Company again submitted applications for each of these trademarks as well as the Company’s tagline SCIENCE TO SAVE LIVES & PROTECT THE ENVIRONMENT®™; however, the Company learned that PURE Bioscience, a company focused on the development and commercialization of bioscience products, had filed application for the registration of the trademarks BioNeutral™ and Ygiene®™ prior to the Company’s resubmission of its applications. Subsequently in 2011, the Company received trademark registration from the USPTO for Ygiene®™, Ogiene® ™ and the Company’s tagline SCIENCE TO SAVE LIVES & PROTECT THE ENVIRONMENT®™. The Company intends to pursue with the Trademark Trial and Appeal Board an opposition to PURE Bioscience's application with respect to BioNeutral™. The Company cannot assure you that it will be successful with such opposition on a timely basis, if at all. In May 2011, the Company received notice that PURE Bioscience filed a petition with the USPTO for cancellation of the Company’s Ygiene®™ registration. On ~~The~~November ~~Company~~14, ~~intends~~2013 tothe ~~pursue~~USPTO aissued ~~vigorous~~an ~~opposition~~order tofor ~~the~~dismissal of PURE Bioscience’s petition to for cancellation; ~~however~~of the Company’s ~~cannot~~Ygiene™ ~~assure you that it will be successful with such opposition on a timely basis, if at all~~registration.

Other than the foregoing, the Company is not a party to, and none of the Company’s property is the subject of, any pending legal proceedings other than routine litigation that is incidental to the Company’s business.

Other Contingencies

Approximately 6 million shares issued in the Share Exchange were issued by the then transfer agent to stockholders of BioLabs for whom the Company does not have records as having consented to the Share Exchange. The Company currently holds approximately 91% of the outstanding interests in its subsidiary, BioLabs. The Company did not receive consents to the Share Exchange from all common and preferred shareholders of BioLabs, and the Company has accounted for those shareholders who did not sign consents as holders of the remaining 9% outstanding interests in BioLabs. The Share Exchange consents did not specify the number of shares of BioLabs common stock to be exchanged by the consenting shareholder and did not affirmatively make the representation and warranties to be made by our stockholders as set forth in the Share Exchange. In light of such omissions, there can be no assurances that a shareholder will not challenge the validity of its consent and request a rescission offer in respect of shares of common stock issued to such person. There can also be no assurances that in light of the content of such Shareholder consent, the Company had a basis for a valid private placement of its common stock issued in the Share Exchange, which if such were the case, may negatively affect our status as a publicly traded company.

In addition, the Company believes that the shareholders who consented to the Share Exchange and were issued shares of Company common stock but failed to deliver the stock certificates representing their shares of common stock and Series A Preferred Stock of BioLabs ~~and~~ may claim they also have an ownership interest in BioLabs. Although the Company would challenge any such claims, it cannot assure investors that it would prevail, in which case the Company’s percentage ownership interest in BioLabs would decrease.

Note 10 - Subsequent Events:

Subsequent events have been evaluated through the date the financial statements were issued. All appropriate subsequent event disclosures, if any, have been made in the notes to the consolidated financial statements.

Subsequent to January 31, 2014 the Company received notices of conversion from JMJ, Asher and GEL, and pursuant to those notices issued an aggregate of 239,832,360 shares of common stock to settle loan proceeds in the aggregate amount of $103,031.

On February 10, 2014, the Company issued a convertible promissory note to GEL in the amount of $44,071.23, due on February 10, 2015, which bears interest at 6% per annum. GEL is entitled, at its option, at any time after the requisite rule 144 holding period, to convert all or any amount of the principal face amount of this Note then outstanding into shares of the Company's common stock without restrictive legend of any nature, at a conversion price for each share of Common Stock equal to 65% of the lowest closing bid price of the Common Stock. In connection with the issuance of the convertible promissory note to GEL, GEL purchased a promissory note issued to Ray Dunning on June 30, 2013 from the Company in the amount of $42,000 plus accrued and unpaid interest.

On February 10, 2014, the Company issued a convertible promissory note to GEL in the amount of $25,000, due on February 10, 2015, which bears interest at 6% per annum. GEL is entitled, at its option, at any time after the requisite rule 144 holding period, to convert all or any amount of the principal face amount of this Note then outstanding into shares of the Company's common stock without restrictive legend of any nature, at a conversion price for each share of Common Stock equal to 65% of the lowest closing bid price of the Common Stock.

Note 11 - Subsequent Events:

On August 23, 2013, the Company filed a Schedule 14C Information Statement with the SEC to notify the stockholders of the Company of Management’s plan to increase the number of authorized shares of common stock from two hundred million (200,000,000) to one billion (1,000,000,000) shares to be filed on a Certificate of Amendment with the Secretary of State of Nevada. At a meeting held on July 10, 2013, the Board authorized management to increase the number of shares authorized to one billion shares. The additional eight hundred million (800,000,000) shares of Common Stock so authorized will be available for issuance by the Board for stock splits or stock dividends, acquisitions, raising additional capital, stock options or other corporate purposes. The additional shares of Common Stock could be used for potential strategic transactions, including, among other things, acquisitions, strategic partnerships, joint ventures, restructurings, business combinations and investments, although there are no immediate plans to do so. Assurances cannot be provided that any such transactions will be consummated on favorable terms or at all, that they will enhance stockholder value or that they will not adversely affect the Company's business or the trading price of the Common Stock. The purposes for increasing the authorized shares include providing available shares for (i) the exercise of all outstanding options; (ii) the conversion of outstanding convertible promissory notes and deferred compensation agreements; (iii) the conversion of the Series A, B, C and D Convertible Preferred Stock; (iv) future issuances of stock options pursuant to employees; and (v) issuances to satisfy conversions of future convertible debt or convertible preferred stock. We mailed the Notice of Stockholder Action by Written Consent to the Stockholders on or about September 4, 2013. The authorized share increase will become effective on the date that we file the Certificate of Amendment to the Amended Certificate of Incorporation of the Company (the "Amendment") with the Secretary of State of the State of Nevada. We intend to file the Amendment with the Secretary of State of the State of Nevada promptly after the twentieth (20th) day following the date on which the Information Statement is mailed to the Stockholders.

On August 19, 2013, the Company entered into and issued a convertible promissory note (the “McNeil Note”) to Randy McNeil in the amount of $15,000. The McNeil Note is due on August 18, 2014, and bears interest at 18% per annum. Mr. McNeil has the right to convert the principal and interest into the Company’s common stock at a conversion price equal to 50% of the average closing price of the Company’s common stock for the 10 preceding days of the Maturity Date of August 18, 2014.

On August 19, 2013, the Company filed the Certificate of Designation with the Nevada Department of State pursuant to which the Corporation set forth the designation, powers, rights, privileges, preferences and restrictions of the Series F Preferred Stock. Among other things, each one (1) share of the Series F Preferred shall have voting rights equal to (x) 0.019607 multiplied by the total issued and outstanding shares of Common Stock eligible to vote at the time of the respective vote (the “Numerator”), divided by (y) 0.49, minus (z) the Numerator. For purposes of illustration only, if the total issued and outstanding shares of Common Stock eligible to vote at the time of the respective vote is 5,000,000, the voting rights of one share of the Series F Preferred shall be equal to 102,036 (0.019607 x 5,000,000) / 0.49) – (0.019607 x 5,000,000) = 102,036). The Series F Preferred Stock has no rights to dividends and it is not convertible common stock.

On August 16, 2013, the Company entered into a stock purchase agreement with Bernie Casamento (the “Casamento SPA”). Pursuant to the Casamento SPA, the Company received $10,000 in proceeds in exchange for 1,466,276 shares to be issued of the Company’s common stock. The purchase price per share of the common stock is $.0068 which is equal to the average closing trading price of the Company’s common stock for the five (5) preceding days of the closing on August 16, 2013.

On August 16, 2013, the Company entered into a stock purchase agreement with Bob Rutherford (the “Rutherford SPA”). Pursuant to the Rutherford SPA, the Company received $10,000 in proceeds in exchange for 1,466,276 shares to be issued of the Company’s common stock. The purchase price per share of the common stock is $.0068 which is equal to the average closing trading price of the Company’s common stock for the five (5) preceding days of the closing on August 16, 2013.

On August 15, 2013 (the “Effective Date”), BioNeutral Group, Inc., a Nevada corporation (the “Corporation”), entered into the Series F agreement (the “Agreement”) with the Company’s President and Chief Executive Officer, Mark Lowenthal (the “Series F Holder”), pursuant to which the Series F Holder was issued all of the fifty one (51) authorized shares of Series F Preferred Stock, with a stated value of $0.001 per share (the “Series F Preferred Stock”). The Series F Holder was issued fifty-one (51) shares of Series F Preferred Stock as partial consideration for past and future services rendered. By unanimous vote of the Board, the Board issued fifty-one (51) shares of Series F Preferred to one individual, Mark Lowenthal, President and CEO of the Company (the "Series F Stockholder"). As a result of the voting rights granted to the Series F Preferred, the Series F Stockholder holds, in the aggregate, approximately 51% of the total voting power of all issued and outstanding voting capital of the Company. The Series F Preferred Stock has the rights, privileges, preferences and restrictions set for in the Certificate of Designation (the “Certificate of Designation”) filed by the Corporation with the Nevada Department of State on August 19, 2013, as more fully described in Item 8.01 below. The Series F Preferred Stock has no rights to dividends, no liquidation rights and is not convertible into common stock of the Company. Each one (1) share of the Series F Preferred shall have voting rights equal to (x) 0.019607 multiplied by the total issued and outstanding shares of Common Stock eligible to vote at the time of the respective vote (the “Numerator”), divided by (y) 0.49, minus (z) the Numerator. For purposes of illustration only, if the total issued and outstanding shares of Common Stock eligible to vote at the time of the respective vote is 5,000,000, the voting rights of one share of the Series F Preferred shall be equal to 102,036 (0.019607 x 5,000,000) / 0.49) – (0.019607 x 5,000,000) = 102,036). The Series F Preferred Stock effectively gives Mr. Lowenthal the ability to control the outcome of any matters submitted to the Company’s shareholders.

On August 14, 2013 the Company received loan proceeds from Michael Francis in the amount of $15,000. Mr. Francis and the Company agreed to include the additional $15,000 of proceeds to the Francis Modification thereby increasing the principal due Mr. Francis by the amount of $15,000 to $575,918.

Subsequent events have been evaluated through the date the financial statements were issued. All appropriate subsequent event disclosure, if any, have been made in the notes to the consolidated financial statements.

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

The following discussion and analysis of the condensed consolidated financial condition and results of operations of BioNeutral Group, Inc. (the “Company,” “we” or “us”) should be read in conjunction with the condensed consolidated financial statements and notes thereto appearing elsewhere herein. In the following discussions, most percentages and dollar amounts have been rounded to aid presentation, and accordingly, all amounts are approximations.

Forward-Looking Information

This Quarterly Report on Form 10-Q contains forward looking statements.

All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as “may,” “will,” “can,” “anticipate,” “assume,” “should,” “indicate,” “would,” “believe,” “contemplate,” “expect,” “seek,” “estimate,” “continue,” “plan,” “point to,” “project,” “predict,” “could,” “intend,” “target,” “potential,” and other similar words and expressions of the future. These forward-looking statements may not be realized due to a variety of factors, including, without limitation:

•● our inability to raise capital; •● our failure to obtain the necessary regulatory approvals for our products; •● the results of the current Securities and Exchange Commission (the "SEC") investigation of our Company; •● the inability to obtain or retain customer acceptance of our products; •● the failure of the market for our products to develop; •● our inability to protect our intellectual property; •● our inability to manage any growth; •● the effects of competition from a wide variety of local, regional, national and other providers of products similar to our products; •● changes in laws and regulations, including tax and securities laws and regulations and laws and regulations promulgated by the U.S. Environmental Protection Agency (the "EPA"), the U.S. Food & Drug Administration (the "FDA") and the U.S. Federal Trade Commission. •● changes in accounting policies, rules and practices; •● changes in technology or products, which may be more difficult or costly, or less effective than anticipated; and •● the other factors listed under “Risk Factors” in the Company’s Form 10-K for the fiscal year ended October 31, 2011 and other filings with the SEC.

All forward-looking statements are expressly qualified in their entirety by this cautionary notice. You are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this Quarterly Report on Form 10-Q or the date of the document incorporated by reference into this report. We have no obligation, and expressly disclaim any obligation, to update, revise or correct any of the forward-looking statements, whether as a result of new information, future events or otherwise. We have expressed our expectations, beliefs and projections in good faith and we believe they have a reasonable basis. However, we cannot assure you that our expectations, beliefs or projections will result or be achieved or accomplished.

1816

Recent Developments

OnSubsequent ~~August~~to 23October 31, 2013, the Company ~~filed~~received anotices ~~Schedule 14C Information Statement with the SEC to notify the stockholders~~ of ~~the~~conversion ~~Company of Management’s plan to increase the number of authorized shares of common stock~~ from ~~two hundred million (200~~JMJ,~~000,000)~~ toAsher ~~one~~and ~~billion (1~~GEL,~~000,000,000)~~ ~~shares~~and ~~with~~pursuant ~~the Secretary of State of Nevada. At a meeting held on July 10, 2013, the Board authorized management~~ to ~~increase~~those ~~the~~notices ~~number~~issued ~~of shares authorized to one billion shares. The additional eight hundred million (800~~748,~~000~~658,~~000)~~860 shares of ~~Common~~common ~~Stock so authorized will be available for issuance by the Board for~~ stock splits or stock dividends, acquisitions, raising additional capital, stock options or other corporate purposes. The additional shares of Common Stock could be used for potential strategic transactions, including, among other things, acquisitions, strategic partnerships, joint ventures, restructurings, business combinations and investments, although there are no immediate plans to dosettle ~~so.~~loan ~~Assurances~~proceeds ~~cannot~~in ~~be provided that any such transactions will be consummated on favorable terms or at all, that they will enhance stockholder value or that they will not adversely affect~~ the ~~Company's~~aggregate ~~business~~amount ~~or the trading price~~ of the Common Stock. The purposes for increasing the authorized shares include providing available shares for (i) the exercise of all outstanding options; (ii) the conversion of outstanding convertible promissory notes and deferred compensation agreements; (iii) the conversion of the Series A$290, ~~B, C and D Convertible Preferred Stock; (iv) future issuances of stock options pursuant to employees; and (v) issuances to satisfy conversions of future convertible debt or convertible preferred stock~~587. We mailed the Notice of Stockholder Action by Written Consent to the Stockholders on or about September 4, 2013. The authorized share increase will become effective on the date that we file the Certificate of Amendment to the Amended Certificate of Incorporation of the Company (the "Amendment") with the Secretary of State of the State of Nevada. We intend to file the Amendment with the Secretary of State of the State of Nevada promptly after the twentieth (20th) day following the date on which the Information Statement is mailed to the Stockholders.

On ~~August~~February 1910, ~~2013~~2014, the Company issued a convertible promissory note ~~(the “McNeil Note”)~~ to ~~Randy~~GEL ~~McNeil~~ in the amount of $1544,~~000~~071.23, ~~The McNeil Note is~~ due on ~~August~~February 1810, ~~2014~~2015, ~~and~~which bears interest at 186% per annum. ~~Mr.~~GEL ~~McNeil~~is ~~has~~entitled, at its option, at any time after the ~~right~~requisite rule 144 holding period, to convert all or any amount of the principal ~~and~~face ~~interest~~amount of this Note then outstanding into shares of the Company’'s common stock without restrictive legend of any nature, at a conversion price for each share of Common Stock equal to 5065% of the ~~average~~lowest closing bid price of the ~~Company’s~~Common ~~common~~Stock. In ~~stock~~connection ~~for~~with the 10issuance ~~preceding~~of ~~days~~the ofconvertible promissory note to GEL, GEL purchased a promissory note issued to Ray Dunning June 30, 2013 from the ~~Maturity~~Company ~~Date~~in ofthe ~~August~~amount 18of $42,000 ~~2014~~plus accrued and unpaid interest.

On ~~August~~February 1910, ~~2013~~2014, the Company ~~filed~~issued ~~the~~a ~~Certificate~~convertible ofpromissory ~~Designation~~note ~~with the Nevada Department of State pursuant~~ to ~~which~~GEL ~~the~~in ~~Corporation set forth~~ the ~~designation,~~amount ~~powers,~~of ~~rights~~$25, ~~privileges~~000, ~~preferences~~due ~~and~~on ~~restrictions~~February of10, ~~the Series F Preferred Stock. Among other things~~2015, ~~each~~which ~~one~~bears ~~(1)~~interest ~~share~~at of6% ~~the~~per ~~Series F Preferred shall have voting rights equal to (x) 0~~annum.~~019607~~ ~~multiplied~~GEL byis ~~the~~entitled, ~~total~~at ~~issued~~its ~~and~~option, ~~outstanding shares of Common Stock eligible to vote~~ at ~~the~~any time ofafter the ~~respective~~requisite ~~vote~~rule ~~(the~~144 ~~“Numerator”),~~holding ~~divided by (y) 0.49~~period, ~~minus~~to ~~(z)~~convert ~~the~~all ~~Numerator.~~or ~~For~~any ~~purposes~~amount of ~~illustration only, if~~ the ~~total~~principal ~~issued~~face ~~and~~amount ~~outstanding shares~~ of ~~Common~~this ~~Stock~~Note ~~eligible~~then tooutstanding ~~vote~~into atshares ~~the time~~ of the ~~respective~~Company's vote is 5,000,000, the voting rights of one share of the Series F Preferred shall be equal to 102,036 (0.019607 x 5,000,000) / 0.49) – (0.019607 x 5,000,000) = 102,036). The Series F Preferred Stock has no rights to dividends and it is not convertible common stock~~. By~~ ~~unanimous~~without ~~vote~~restrictive oflegend ~~the Board, the Board issued fifty-one (51) shares~~ of ~~Series~~any ~~F Preferred to one individual~~nature, ~~Mark~~at ~~Lowenthal,~~a ~~President~~conversion ~~and~~price ~~CEO~~for ofeach ~~the~~share ~~Company (the "Series F Stockholder"). As a result~~ of ~~the~~Common ~~voting~~Stock ~~rights~~equal ~~granted~~ to ~~the Series F Preferred, the Series F Stockholder holds, in the aggregate, approximately 51~~65% of the ~~total~~lowest ~~voting~~closing ~~power~~bid ofprice ~~all issued and outstanding voting capital~~ of the ~~Company~~Common Stock.

On ~~August~~February 1610, ~~2013~~2014, the Company ~~entered~~issued ~~into~~ a ~~stock~~convertible ~~purchase~~promissory ~~agreement~~note ~~with~~to ~~Bernie~~GEL ~~Casamento~~in (the ~~“Casamento~~amount ~~SPA”). Pursuant~~of to$25,000, ~~the~~due ~~Casamento~~on ~~SPA~~February 10, ~~the~~2015, ~~Company~~which ~~received~~bears ~~$10,000~~interest inat ~~proceeds~~6% inper ~~exchange~~annum. ~~for~~GEL 1is entitled,~~466,276~~ ~~shares~~at toits beoption, ~~issued~~at ofany time after the ~~Company’s~~requisite ~~common~~rule ~~stock. The~~144 ~~purchase~~holding ~~price~~period, ~~per~~to ~~share~~convert ofall ~~the~~or ~~common~~any ~~stock~~amount isof ~~$.0068~~the ~~which~~principal isface ~~equal~~amount toof ~~the~~this ~~average~~Note ~~closing~~then ~~trading~~outstanding ~~price~~into shares of the Company’'s common stock without restrictive legend of any nature, at a conversion price for ~~the~~each ~~five~~share ~~(5)~~of ~~preceding~~Common ~~days~~Stock equal to 65% of the lowest closing onbid ~~August~~price ~~16,~~of ~~2013~~the Common Stock.

On ~~August~~February 1610, ~~2013~~2014, the ~~Company~~GEL ~~entered~~Properties, ~~into~~LLC issued a ~~stock~~convertible ~~purchase~~promissory ~~agreement~~note ~~with~~to ~~Bob~~the ~~Rutherford~~Company (in the amount of $25,000, due no later than November 10, 2014, unless the Lender does not meet the “~~Rutherford~~current ~~SPA~~information requirements”~~). Pursuant~~ torequired under Rule 144 of the ~~Rutherford~~Securities ~~SPA~~Act of 1933, as amended, in which case the Company ~~received~~may ~~$10,000~~declare inthe ~~proceeds~~offsetting innote ~~exchange~~issued ~~for~~by ~~1,466,276~~the ~~shares~~Lender on the same date herewith to be ~~issued~~in ofDefault ~~the~~(as ~~Company’s~~defined ~~common~~in ~~stock. The~~that ~~purchase~~note) ~~price~~and ~~per~~cross ~~share~~cancel ofits payment obligations under this Note as well as the ~~common~~Lenders ~~stock~~payment isobligations $under the offsetting note.~~0068~~ This ~~which~~Note isshall ~~equal~~bear tosimple interest at the ~~average~~rate ~~closing~~of ~~trading~~6% ~~price~~per annum based on a 365 day year. The Note shall be secured by the pledge of the ~~Company’s~~$25,000 ~~common~~6% ~~stock~~convertible ~~for~~promissory ~~the~~note ~~five~~issued ~~(5)~~to ~~preceding~~the ~~days~~GEL ofProperties by the ~~closing~~Company on ~~August~~February 1610, ~~2013~~2014. GEL Properties may exchange this collateral for other collateral with an appraised value of at least $25,000.00.

On January 14, 2014, the Company issued a convertible promissory note to GEL in the amount of $25,444, due on January 14, 2015, which bears interest at 6% per annum. GEL is entitled, at its option, at any time after the requisite rule 144 holding period, to convert all or any amount of the principal face amount of this Note then outstanding into shares of the Company's common stock without restrictive legend of any nature, at a conversion price for each share of Common Stock equal to 65% of the lowest closing bid price of the Common Stock. In connection with the issuance of the convertible promissory note to GEL, GEL purchased a promissory note issued to Ray Dunning January 31, 2013 in the amount of $23,600 plus accrued and unpaid interest.

On January 14, 2014, the Company issued a convertible promissory note to GEL in the amount of $25,276, due on January 14, 2015, which bears interest at 6% per annum. GEL is entitled, at its option, at any time after the requisite rule 144 holding period, to convert all or any amount of the principal face amount of this Note then outstanding into shares of the Company's common stock without restrictive legend of any nature, at a conversion price for each share of Common Stock equal to 65% of the lowest closing bid price of the Common Stock. In connection with the issuance of the convertible promissory note to GEL, GEL purchased a promissory note issued to Ray Dunning February 28, 2013 in the amount of $23,600 plus accrued and unpaid interest.

On January 14, 2014, the Company issued a convertible promissory note to GEL in the amount of $30,000, due on January 14, 2015, which bears interest at 6% per annum. GEL is entitled, at its option, at any time after the requisite rule 144 holding period, to convert all or any amount of the principal face amount of this Note then outstanding into shares of the Company's common stock without restrictive legend of any nature, at a conversion price for each share of Common Stock equal to 65% of the lowest closing bid price of the Common Stock.

On January 8, 2014, the Company issued a convertible promissory note to GEL in the amount of $23,600, due on January 8, 2015, which bears interest at 6% per annum. GEL is entitled, at its option, at any time after the requisite rule 144 holding period, to convert all or any amount of the principal face amount of this Note then outstanding into shares of the Company's common stock without restrictive legend of any nature, at a conversion price for each share of Common Stock equal to 65% of the lowest closing bid price of the Common Stock. In connection with the issuance of the convertible promissory note to GEL, GEL purchased a promissory note issued to Ray Dunning April 30, 2013 in the amount of $23,600.

On January 8, 2014, the Company issued a convertible promissory note to GEL in the amount of $20,000, due on January 8, 2015, which bears interest at 6% per annum. GEL is entitled, at its option, at any time after the requisite rule 144 holding period, convert all or any amount of the principal face amount of this Note then outstanding into shares of the Company's common stock without restrictive legend of any nature, at a conversion price for each share of Common Stock equal to 65% of the lowest closing bid price of the Common Stock.

On January 2, 2014, the Company issued a convertible promissory note (the “Hanafin Note”) to Ben Hanafin, a member of the Company’s Board of Directors, in the amount of $5,000. The Hanafin Note is due on January 2, 2015, and bears interest at 18% per annum. Mr. Hanafin has the right to convert the principal and interest into the Company’s common stock at a conversion price equal to 50% of the average closing price of the Company’s common stock for the 10 preceding days of the Maturity Date of January 2, 2015.

On December 19, 2013, the Company issued 11,000,000 shares of common stock to a consulting firm. The Company recorded consulting fee expense of $10,000. The shares were valued at $.0009 representing the approximate trading price of the Company’s common stock at the time of the issuance.

On December 18, 2013, the Company filed a Schedule 14C Information Statement with the SEC to notify the stockholders of the Company of Management’s plan to increase the number of authorized shares of common stock from one billion (1,000,000,000) to four billion (4,000,000,000) shares with the Secretary of State of Nevada. At a meeting held on November 26, 2013, and in conjunction with a unanimous consent of the Board on December 11, 2013, the Board authorized management to increase the number of shares authorized to four billion shares. The additional three billion (3,000,000,000) shares of Common Stock so authorized will be available for issuance by the Board for stock splits or stock dividends, acquisitions, raising additional capital, stock options or other corporate purposes. The additional shares of Common Stock could be used for potential strategic transactions, including, among other things, acquisitions, strategic partnerships, joint ventures, restructurings, business combinations and investments, although there are no immediate plans to do so. Assurances cannot be provided that any such transactions will be consummated on favorable terms or at all, that they will enhance stockholder value or that they will not adversely affect the Company's business or the trading price of the Common Stock. The purposes for increasing the authorized shares include providing available shares for (i) the exercise of all outstanding options; (ii) the conversion of outstanding convertible promissory notes and deferred compensation agreements; (iii) the conversion of the Series A, B, C and D Convertible Preferred Stock; (iv) future issuances of stock options pursuant to employees; and (v) issuances to satisfy conversions of future convertible debt or convertible preferred stock. We mailed the Notice of Stockholder Action by Written Consent to the Stockholders on December 31, 2013. The authorized share increase will become effective on the date that we file the Certificate of Amendment to the Amended Certificate of Incorporation of the Company (the "Amendment") with the Secretary of State of the State of Nevada. We filed the Amendment with the Secretary of State of the State of Nevada on January 2, 2014.

On December 11, 2013, the Company cancelled 1,705,152 shares of its common stock issued to an employee. The Company reduced compensation expense in the amount of $56,270.

On November 21, 2013, the Company issued 1,000,000 shares of its common stock to Randy McNeil pursuant a stock purchase agreement with Mr. McNeil on September 12, 2013 for $5,000. The purchase price per share of the common stock is $.005 which was equal to the closing trading price of the Company’s common stock on September 10, 2013.

On November 21, 2013, the Company issued 1,466,276 shares of its common stock to Bernie Casamento pursuant to a stock purchase agreement with Mr. Casamento on August 16, 2013 for $10,000. The purchase price per share of the common stock was $.0068 which is equal to the average closing trading price of the Company’s common stock for the five (5) preceding days of the closing on August 16, 2013.

On November 21, 2013, the Company issued 1,466,276 shares of its common stock to Bob Rutherford pursuant to a stock purchase agreement with Mr. Rutherford on August 16, 2013 for $10,000. The purchase price per share of the common stock was $.0068 which is equal to the average closing trading price of the Company’s common stock for the five (5) preceding days of the closing on August 16, 2013.

On November 11, 2013, the Company issued a Promissory Note to Herb Kozlov, a shareholder of the Company (the “Kozlov Note”), for the satisfaction of a promissory note issued by the Company to Mr. Kozlov on December 6, 2010. Pursuant to the Kozlov Note, the Company promises to pay $75,000.00 plus any accrued and unpaid interest on June 1, 2014. Interest will accrue at the rate of fourteen (14%) per annum. Mr. Kozlov will have the right to receive payment of the Kozlov Note in shares of common stock of the Company at the lower of $.03 per share, or the closing price of such shares on the day proceeding the date when the notice of full or partial conversion is tendered.

On November 5, 2013, the Company issued a convertible promissory note (the “Machinist Note”) to Robert Machinist, a member of the Company’s Board of Directors, in the amount of $25,000. The Machinist Note is due on November 4, 2014, and bears interest at 18% per annum. Mr. Machinist has the right to convert the principal and interest into the Company’s common stock at a conversion price equal to 50% of the average closing price of the Company’s common stock for the 10 preceding days of the Maturity Date of November 4, 2014.

On November 4, 2013 the Company received loan proceeds from Michael Francis in the amount of $25,000. Mr. Francis and the Company agreed to include the additional $25,000 of proceeds to the Francis Modification.

On August 15, 2013 (the “Effective Date”), BioNeutral Group, Inc., a Nevada corporation (the “Corporation”), entered into the Series F agreement (the “Agreement”) with the Company’s President and Chief Executive Officer, Mark Lowenthal (the “Series F Holder”), pursuant to which the Series F Holder was issued all of the fifty one (51) authorized shares of Series F Preferred Stock, with a stated value of $0.001 per share (the “Series F Preferred Stock”). The Series F Holder was issued fifty-one (51) shares of Series F Preferred Stock as partial consideration for past and future services rendered. The Series F Preferred Stock has the rights, privileges, preferences and restrictions set for in the Certificate of Designation (the “Certificate of Designation”) filed by the Corporation with the Nevada Department of State on August 19, 2013, as more fully described in Item 8.01 below. The Series F Preferred Stock has no rights to dividends, no liquidation rights and is not convertible into common stock of the Company. Each one (1) share of the Series F Preferred shall have voting rights equal to (x) 0.019607 multiplied by the total issued and outstanding shares of Common Stock eligible to vote at the time of the respective vote (the “Numerator”), divided by (y) 0.49, minus (z) the Numerator. For purposes of illustration only, if the total issued and outstanding shares of Common Stock eligible to vote at the time of the respective vote is 5,000,000, the voting rights of one share of the Series F Preferred shall be equal to 102,036 (0.019607 x 5,000,000) / 0.49) – (0.019607 x 5,000,000) = 102,036). The Series F Preferred Stock effectively gives Mr. Lowenthal the ability to control the outcome of any matters submitted to the Company’s shareholders.

On June 1, 2013, the Company entered into a Note Satisfaction and Exchange Agreement with Herb Kozlov, a shareholder of the Company, for the satisfaction of a promissory note issued by the Company on December 6, 2010 in exchange for cash proceeds of $50,000. Pursuant to the Note Satisfaction and Exchange Agreement, the Company will issue 2,500,000 shares of its restricted common stock to Mr. Kozlov as satisfaction of the principal amount of the note of $50,000 plus accrued and unpaid interest of $10,750 for a total of $60,750. Subsequently the Company was unable to issue the shares of restricted common stock due to Mr. Kozlov due to the fact that the Company no longer possessed enough shares authorized with the State of Nevada with which to issue Mr. Kozlov’s shares. On August 23, 2013, Mr. Kozlov terminated the Note Satisfaction and Exchange Agreement for lack of performance on the part of the Company for failure to issue the shares within the time period prescribed under the Note Statisfaction and Exchange Agreement. Mr. Kozlov and the Company agreed to have the note remain as currently payable on the books of the Company with interest to be accrued to date, and also agreed to restructure the Note Satisfaction and Exchange Agreement when the Company possesses the requisite number of shares authorized with the State of Nevada with which to issue the shares due to Mr. Kozlov.

On May 2, 2013, the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Asher Enterprises, Inc., a Delaware Corporation (the “Holder”) for the sale and issuance of an 8% convertible promissory note in the principal amount of $42,500 (the “Note”). The Purchase Agreement became effective on May 13, 2013 when the transaction closed. The principal balance of the Note is convertible into common stock, $0.00001 par value, of the Company, at the election of the Holder, beginning 180 days after the issuance of the Note. The conversion price of the Note shall be equal to 51% multiplied by the market price (as defined in the Note). The Note matures on February 6, 2014. The Company has the right to prepay the principal and interest at a premium depending on the date that it is prepaid. Interest on the Note accrues at a rate of 8% per annum. The Note contains customary default provisions, including provisions for potential acceleration of the Note, a default premium, and default interest of 22%.

During the nine months ended July 31, 2013, the Company received conversion notices for three unsecured promissory notes issued to Asher Enterprises on June 24, 2012, September 20, 2012 and October 31, 2012 in the amounts of $83,500, $53,000 and $53,000, respectively, which issuances resulted in gross proceeds to the Company of $189,500. The Company issued 17,454,687 shares of common stock to Asher for settlement of the gross proceeds.

On April 12, 2013 and in connection with the Global Agreement, the Company also entered into distribution agreement (the "New Distribution Agreement") with White Charger Limited, a New Zealand company whereby White Charger has the right to distribute the Company's products in Australia, New Zealand, Indonesia, Malaysia, Philippines, Singapore, Thailand, Brunei, Burma, New Caledonia, Kiribati, the Marshal Islands, Micronesia, Nauru, Palau, Papua New Guinea, Solomon Islands, Tuvalu, Pitcairn, Henderson, Mauritius and Ocneo. This is a much narrower territory than the original licensing agreement and does not include China, Taiwan, Hong Kong or Japan. It also does not include any option for Europe. No intellectual property of the Company is transferred to White Charger. The New Distribution Agreement requires White Charger to purchase at least $500,000 of the Company's products during the first 24 months of which $175,000 must be purchased during the first 12 months of the New Distribution Agreement. The Initial Term of the New Distribution Agreement is for five (5) years and can be extended for an additional five years if White Charger purchases at least $3,000,000 of product during the Initial Term. The New Distribution Agreement also contains a non-competition agreement on behalf of White Charger.

On February 27, 2013, the Company received $25,000 of the JMJ Note. On March 27, 2013, the Company received $25,000 of the JMJ Note. On June 4, 2013, the Company received $25,000 of the JMJ Note. During the three months ended July 31, 2013 the Company received three notices of conversion from JMJ, and pursuant to those notices issued 12,000,000 shares of common stock to settle loan proceeds in the collective amount of $25,375.

On February 25, 2013, the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Asher Enterprises, Inc., a Delaware Corporation (the “Holder”) for the sale and issuance of an 8% convertible promissory note in the principal amount of $42,500 (the “Note”). The Purchase Agreement became effective on March 4, 2013 when the transaction closed. The principal balance of the Note is convertible into common stock, $0.00001 par value, of the Company, at the election of the Holder, beginning 180 days after the issuance of the Note. The conversion price of the Note shall be equal to 58% multiplied by the market price (as defined in the Note). The Note matures on November 27, 2013. The Company has the right to prepay the principal and interest at a premium depending on the date that it is prepaid. Interest on the Note accrues at a rate of 8% per annum. The Note contains customary default provisions, including provisions for potential acceleration of the Note, a default premium, and default interest of 22%.

Company Overview

We are a life science specialty technology corporation that has developed a novel combinational chemistry-based technology which we believe can, in certain circumstances, neutralize harmful environmental contaminants, toxins and dangerous micro-organisms including bacteria, viruses and spores. We are focused on developing and commercializing two classes of product formulations: (1) antimicrobials, which are formulations designed to kill certain harmful microscopic living organisms, and (2) ~~bioneutralizers~~bioneutralizer, which are formulations designed to destroy certain agents that are noxious and harmful to health and/or the environment. We have not marketed any of our products and have not generated any meaningful product revenue to date.

21We currently are focused on the commercialization of two classes of product formulations, antimicrobials and bioneutralizer. We refer to our antimicrobial formulations as our Ygiene™ products and our bioneutralizer formulations as our Ogiene® products. Our Ygiene™ products have been developed to kill certain harmful microbes, including virulent gram and bacteria (which cause staph infections), viruses, yeast, mold, fungi, spores and/or certain bioterrorism agents, such as anthrax. Our Ogiene® products have been developed to eliminate or reduce odors of many chemicals such as hydrogen sulfide, formaldehyde and ammonia, and to reduce certain greenhouse gases such as carbon dioxide and sulfur dioxide.

WeThe ~~currently~~marketing ~~are~~and ~~focused~~sale onin the ~~commercialization~~United ofStates ~~two~~and ~~classes~~foreign countries of ~~product~~some ~~formulations,~~of ~~antimicrobials~~our ~~and~~current ~~bioneutralizer.~~products Weand ~~refer~~the toproducts ~~our~~we ~~antimicrobial~~may ~~formulations~~develop asin ~~our~~the ~~Ygiene®~~future ~~products~~are and ~~our~~may ~~bioneutralizer~~be ~~formulations~~subject asto ~~our~~U.S. ~~Ogiene®~~and ~~products.~~foreign ~~Our~~governmental ~~Ygiene®~~regulations, ~~products~~respectively, ~~have~~which ~~been~~vary ~~developed~~substantially from country to ~~kill~~country. The ~~certain~~marketing ~~harmful~~and ~~microbes~~sale of our Ygiene™ products in the United States, ~~including~~is ~~virulent~~subject ~~gram~~to ~~and~~EPA ~~bacteria~~registration ~~(which~~and ~~cause~~in ~~staph~~some ~~infections)~~cases, ~~viruses,~~FDA ~~yeast~~clearance, ~~mold,~~and ~~fungi,~~we ~~spores~~cannot market and~~/or~~ ~~certain~~sell ~~bioterrorism~~any ~~agents,~~of such asproducts ~~anthrax~~in the United States until such registration or clearance is obtained. We ~~Our~~do ~~Ogiene®~~not ~~products~~believe ~~have~~the ~~been~~marketing ~~developed~~sale of our Ogiene™ products are subject to ~~eliminate~~EPA registration or ~~reduce~~FDA ~~odors~~clearance. We have not had significant sales of ~~many~~our ~~chemicals~~Ygiene™ or ~~such~~Ogiene® products asto ~~hydrogen~~date. We ~~sulfide,~~currently ~~formaldehyde~~are focusing our efforts and ~~ammonia~~resources on obtaining the registrations, clearances and approvals necessary to ~~reduce~~market ~~certain~~and ~~greenhouse~~sell ~~gases~~our ~~such~~Ygiene™ asproducts ~~carbon~~in ~~dioxide~~the United States; however, we cannot assure you that we will be have the financial resources to do so or that such registrations, clearances and ~~sulfur~~approvals ~~dioxide~~will be obtained on a timely basis, if at all.

The marketing and sale in the United States and foreign countries of some of our current products and the products we may develop in the future are and may be subject to U.S. and foreign governmental regulations, respectively, which vary substantially from country to country. The marketing and sale of our Ygiene® products in the United States, is subject to EPA registration and in some cases, FDA clearance, and we cannot market and sell any of such products in the United States until such registration or clearance is obtained. We do not believe the marketing and sale of our Ogiene® products are subject to EPA registration or FDA clearance. We have not had significant sales of our Ygiene® or Ogiene® products to date. We currently are focusing our efforts and resources on obtaining the registrations, clearances and approvals necessary to market and sell our Ygiene® products in the United States; however, we cannot assure you that we will be have the financial resources to do so or that such registrations, clearances and approvals will be obtained on a timely basis, if at all.

Plan of Operation

Our strategic plan for our fiscal year ending October 31, ~~2013~~2014 is focused on leveraging developments in the United States for our Ygiene®™ professional disinfectant product. The Company received approval and registration from the EPA for its hospital and industrial grade line of products to be used as high level disinfectant and sterilants.

In connection with the February 28, 2011 approval and registration from the Environmental Protection Agency (the “EPA”) in response to the Company's regulatory application for its Ygiene® ™ 206 sterilant formulation, the Company has secured 32 state approvals to market and distribute Ygiene® ™ 206. These approvals are primarily in states east of the Mississippi River. The Company is pursuing approvals in the remaining 18 states as needed.

Currently, we are focusing our efforts on the commercialization of a Ygiene® ™ formulation for ~~healthcare~~hospital and industrial ~~applications~~application. ~~Some of our potential customers that operate in the healthcare marketplace require product testing and trials before purchasing our products.~~ We ~~have retained four professional sales persons with experience selling specialty chemicals such as ours. In doing so, we~~ are ~~investing our resources in their process to market and sell our products. We are~~ developing our Ogiene® products to potentially eliminate or reduce odors of many chemicals such as hydrogen sulfide, formaldehyde and ammonia, and to reduce certain greenhouse gases such as carbon dioxide and sulfur dioxide. Our Ogiene® formulations are designed to interact with the functional organic or inorganic groups of harmful gases and reduce or eliminate them.

In calendar year 2013 we initiated our commercialization strategy to sell our products into the healthcare and life sciences markets, and also into industrial markets. Within healthcare and life sciences, most of our customer’s perform trial testing of our products prior to purchasing which can significantly lengthen the selling cycle. To date our marketing efforts have led to over 100 trials of our products of which 70 are active at the current time. Our products have been ordered within the segments of university laboratory medical research, pharmaceutical manufacturing and veterinarian care. These trials have led to the addition of 20 new customers of our products. The 70 active trials currently in process are pending results for placement of orders.

For calendar 2013 we have also targeted industrial market segments of mold remediation and industrial odor control. Within the industrial marketplace our products are trial tested as well prior to purchasing thereby lengthening the selling cycle in most cases. We signed two independent selling groups to represent our products. Collectively through the independent selling groups we have approximately 35 representatives throughout the United States marketing our products. In addition, we established a relationship with an Ohio based distributor of medical products.

We believe, although no assurance can be given, that our products can offer a superior solution that addresses needs not currently being met in the marketplace for combating bacteria, viral and spore based threats. We further believe that our products can provide a distinct advantage when distinguishing them from those that are currently in use in our targeted markets. In addition, our core product is flexible and adaptable for multiple applications. Industry or use specific modifications made by our professional scientist allow our products to be readily customized to the demands of multiple unique markets.

2220

We are emphasizing these strategic advantages as part of our brand development efforts to overcome competitive barriers to entry in markets that are driven by large, established organizations. The markets for our Ogiene® ™ and Ygiene® ™ products and each of their potential channels are highly competitive. We have a number of competitors that vary in size and scope and breadth of products offered. Such competitors include some of the largest corporations in the world, and we believe substantially all of our competitors have greater financial resources than we do, including in the areas of sales, marketing, and branding and product development. We expect to face additional competition from other competitors in the future.

Because Ogiene® ™ and Ygiene® ™ are new formulations enhanced from our initial base formulas, our success will depend, in part, upon our ability to achieve market share at the expense of existing, established and future products in our relevant target markets. Even if we believe that our Ogiene® and Ygiene® ™ formulations may have technological competitive advantages over competing products, we or our potential distributors, will need to invest significant resources in order to attempt to displace traditional technologies sold by what are in many cases well-known international industry leaders. Alternatively, we may pursue strategies in selective markets of encouraging existing competitors to incorporate our products into their existing brands, thereby reducing the proportion of end-use revenues that would accrue to us. To the extent that we were to grant any existing competitor exclusivity to any field and/or territory, we would risk having our technology marketed in a manner that may be less than optimal for us. We recognize that innovative marketing methods may be required in order to establish our products, and that such methods may not be successful.

Results of Operations

Comparison of Results of Operations for the three months ended ~~July~~January 31, ~~2013~~2014 and for the three months ended ~~July~~January 31, ~~2012~~2013.

Revenues: During the three months ended ~~July~~January 31, ~~2013,~~2014 the Company generated revenues of $37,~~310~~004 as compared to revenues of $~~888~~555 for the three months ended ~~July~~January 31, ~~2012~~2013. Our efforts have been focused on sales and marketing of our non-regulated Ogiene® ™ product line as well the sale of our Ygiene® ™ formulation ~~for~~in ~~life~~acute ~~sciences,~~and long-term healthcare and industrial ~~applications~~markets where pathogenic spores are present. We are carrying forward our commercialization strategy begun in ~~the~~2013 ~~United~~by ~~States~~developing relationships with selling organizations and distributors.

~~In calendar year 2013 we initiated our commercialization strategy to sell our products into the healthcare and life sciences markets, and also into industrial markets.~~ Within healthcare and life sciences, most of our customer’s perform trial testing of our products prior to purchasing which can significantly lengthen the selling cycle. To date our marketing efforts have led to ~~over~~125 ~~100~~ trials of our products ~~of which 70 are active at the current time~~. Our products have been ordered within the segments of university laboratory medical research, pharmaceutical manufacturing and veterinarian care. These trials have led to the addition of 20 35 new customers of our products. ~~The 70 active trials currently in process are pending results for placement of orders.~~

~~For calendar 2013 we have also targeted industrial market segments of mold remediation and industrial odor control.~~ Within the industrial marketplace our products are trial tested as well prior to purchasing thereby lengthening the selling cycle in most cases. We signed two independent selling groups to represent our products. Collectively through the independent selling groups we have approximately 35 representatives throughout the United States marketing our products. In addition, we established a relationship with an Ohio based distributor of medical products.

Based on the progress as noted above, we are generally pleased with the market reception of our products. Though the sales cycle has proved to be slower than originally planned for, management is generally encouraged by the current selling momentum and anticipates increases of new customers. ~~and~~We ~~orders~~intend ofto expand our ~~products~~efforts to ~~continue~~sell our products by offering them for sale through distribution. Recently we announced our new relationship with Quip Laboratories, a leading sales distribution company of biosafety products in the ~~fourth~~laboratory ~~quarter~~and ~~2013~~biomedical research segments. We have other such relationships under consideration, and ~~commercialization~~plan into ~~the~~vigorously ~~first~~pursue ~~quarter~~others ~~2014~~to add to selling capacity.

Operating Expenses: Operating expenses were $829,293 for the three months ended July 31, 2013 and $624,498 for the three months ended July 31, 2012 a 33% increase of $204,795. Our operating expenses consist of compensation of our executive and scientific staff, consulting expenses supporting development of, and regulatory approvals for, our products, legal and accounting services, and non-cash amortization of our intellectual property.21

23Operating Expenses: Operating expenses were $699,334 the three months ended January 31, 2014 and $681,226 for the three months ended January 31, 2013 for a 3% increase of $18,108. Our operating expenses consist of compensation of our executive and scientific staff, consulting expenses supporting development of, and regulatory approvals for, our products, legal and accounting services, and non-cash amortization of our intellectual property.

~~Depreciation~~Amortization and &depreciation ~~Amortization~~expense was $177,234 for ~~both the~~ three months ended ~~July~~January 31, ~~2013~~2014 and ~~July 31, 2012~~2013.

Salaries expense for the three months ended ~~July~~January 31, ~~2013~~2014 ~~were~~was $~~266~~129,~~737~~131, ana ~~increase~~decrease of ~~149~~38% over amounts for the three months ended ~~July~~January 31, ~~2012~~2013, which were $~~107~~208,~~123,~~404. Overall ~~reflecting~~compensation ~~the~~was ~~retention~~lower ofin ~~internal~~the ~~sales~~three ~~assistance~~months inended ~~2013~~January to31, ~~initialize~~2014 ~~the~~as ~~Company’s~~we ~~commercialization~~are ~~strategy,~~relying ~~the~~more ~~addition~~heavily ofon ~~our~~sales ~~Chief~~consultants ~~Executive~~to ~~Officer~~execute ~~and~~the ~~accounting~~Company’s ~~and~~sales ~~finance support personnel~~strategy.

Consulting fee expenses were $~~252~~117,~~417~~300 for the three months ended ~~July~~January 31, ~~2013~~2014 as compared to $8910,~~500~~150 for the three months ended ~~July~~January 31, ~~2012~~2013 for a ~~182~~1,056% increase of $~~162~~107,~~917~~150. The increase primarily reflects the addition of sales consultants in 2013 to ~~begin~~execute the commercialization strategy that we launched in January 2013.

Total legal and accounting expenses for the three months ended ~~July~~January 31, ~~2013~~2014 were $48107,~~740~~643, a decrease of $2038,~~096~~964 over amounts for the three months ended ~~July~~January 31, ~~2012~~2013 which were $68146,~~836.~~607, ~~Legal~~reflecting ~~fees~~a decrease in ~~2013~~legal ~~were~~fees ~~incurred~~associated ~~for~~with ~~regulatory~~the ~~compliance,~~Vinfluence ~~contract~~matter ~~support~~which ~~and~~was ~~the~~settled ~~current~~in ~~litigation~~April ~~with Mr~~2013. ~~Pamani.~~

Other Selling, General and Administrative Expenses for the three months ended ~~July~~January 31, ~~2013~~2014 were $84168,~~165~~026, aan ~~54%~~increase ~~decrease~~ of $9729,~~640~~195 over amounts for the three months ended ~~July~~January 31, ~~2012~~2013 which were $~~181~~138,~~805~~831. The ~~decrease~~increase reflects ~~primarily~~additional ainvestor ~~reduction~~relations ~~to corporate overhead~~ expenses ~~including~~of ~~travel and entertainment~~$43,449 ~~office~~offset ~~expenses,~~by ~~investor~~minor ~~relations~~reductions ~~and~~across ~~external accounting support in order to allocate as many resources as possible to~~ the ~~sales and marketing effort launched in 2013~~board.

Other Income and Expense for the three months ended ~~July~~January 31, ~~2013~~2014 ~~were~~was $~~276~~126,~~407~~379, a ~~1460~~57% increase of $~~258~~45,~~688~~873 over amounts for the three months ended ~~July~~January 31, ~~2012~~2013 which were $1780,~~719~~506. The increase is primarily due to an increase in interest expense of $47,914 reflecting additional convertible note borrowing in the three months ended January 31, 2014, the addition of the amortization of debt discount of $~~212~~40,~~920~~424, ~~and~~offset ~~increase~~by a reduction in the change in fair value of derivative liability of ~~$29~~53,~~356~~363.

Net Loss: We experienced a net loss from operations before consideration of our Non-Controlling interest of $1820,~~103,564~~640 for the three months ended ~~July~~January 31, ~~2013~~2014. The discussion of operating expenses identifies the elements of the net loss. For the same period in 2012, our net loss was $~~642~~761,~~073~~380. We anticipate we will experience a net loss in fiscal ~~2013~~2014 as we continue to ~~expand~~pursue regulatory approvals and ~~pursue~~further ~~our~~identify ~~2013~~markets ~~commercialization~~for ~~efforts~~the sale and distribution of our products.

Comparison of Results of Operations for the nine months ended July 31, 2013 and for the nine months ended July 31, 2012.

Revenues: During the nine months ended July 31, 2013, the Company generated revenues of $4,950 as compared to revenues of $2,390 for nine months ended July 31, 2012. Our efforts have been focused on sales and marketing of our non-regulated Ogiene® product line as well the sale of our Ygiene® formulation for healthcare and life sciences, as well as industrial applications in the United States. Additionally, we are continuing our efforts to obtain the remaining state regulatory approvals required for the sale and distribution of our Ygiene® formulation throughout the entire United States.

Operating Expenses: Operating expenses were $2,341,166 for the nine months ended July 31, 2013 and $1,998,666 for the nine months ended July 31, 2012 a 17% increase of $342,500. Our operating expenses consist of compensation of our executive and scientific staff, consulting expenses supporting development of, and regulatory approvals for, our products, legal and accounting services, and non-cash amortization of our intellectual property.

Depreciation & Amortization was $531,702 for both the nine months ended July 31, 2013 and July 31, 2012.

Salaries expense for the nine months ended July 31, 2013 were $590,544 an increase of 100% over amounts for nine months ended July 31, 2012, which were $294,831, primarily reflecting the retention of internal sales assistance in 2013 to initialize the Company’s commercialization strategy, the addition of our Chief Executive Officer and accounting and finance support personnel.

Consulting fee expenses were $472,890 for the nine months ended July 31, 2013 as compared to $401,192 for nine months ended July 31, 2012 for a 18% increase of $71,698. The increase primarily reflects the addition of sales consultants in 2013 to begin the commercialization strategy that we launched in January 2013. The reduction was materially offset by a reduction of costs due to a $200,000 consulting fee expense from Picaadilly Consultants in 2012 which it did not incur in 2013. Piccadilly Consultants were not consultants of the Company in 2013.

Total legal and accounting expenses for the nine months ended July 31, 2013 were $316,759 an increase of $89,626 over amounts for nine months ended July 31, 2012 which were $227,133. The increase reflects an increase in legal fee expenses as a result of legal fee cost related to our complaints filed on Vinfluence and Mr. Pamani.

Other Selling, General and Administrative Expenses for the nine months ended July 31, 2013 were $429,271, a decrease of $114,537 over amounts for nine months ended July 31, 2012 which were $543,808. The decrease primarily reflects a reduction to corporate overhead expenses including travel and entertainment, office expenses, investor relations and external accounting support in order to allocate as many resources as possible to the sales and marketing effort launched in 2013.

Other Income and Expense for the nine months ended July 31, 2013 was $191,549, a 342% increase of $148,224 over amounts for nine months ended July 31, 2012 which were $43,325. The increase is primarily due to the amortization of debt discount of $425,281, offset by a $238,750 credit of consulting expense and $95,250 decrease in fair value of derivative liability. The credit of $238,750 provided was a reimbursement of bonus compensation paid to Dr. Andy Kielbania for the year ended October 2011. In addition, for 2012 certain promissory notes were settled by Vinfluence carried interest expense reductions which in turn led to reversals of previously recorded interest expense.

Net Loss: We experienced a net loss from operations before consideration of our Non-Controlling interest of $2,529,497 for the nine months ended July 31, 2013. The discussion of operating expenses identifies the elements of the net loss. For the same period in 2012, our net loss was $2,040,548. We anticipate we will experience a net loss in fiscal 2013 as we continue to expand and pursue our 2013 commercialization efforts.

Analysis of Impairment

In conjunction with our ~~2012~~2013 audit, we performed our annual impairment testing during January ~~2012~~2014. In this analysis, we determined that the current carrying value of our Intellectual Property was $9,~~958~~249,~~222~~498.

We computed the Intellectual Property value ofby using an undiscounted cash model. In our undiscounted cash flow analysis, we prepared a five year forecast of our expected earnings to derive an explicit stream of expected free cash flows through October 31, ~~2017~~2018. We developed our revenue and direct variable costs forecast based on a variety of factors including our current and anticipated sales pipeline of prospects currently known to the Company, and those which the Company believes will be generated through current and future relationships with distributors, knowledge of our business and industry, general economic conditions in the marketplace and expectations of market opportunity with respect to the specific types of advertising services we provide. Our operating expenses are generally fixed and predictable; however, we increased our budgeted operating expenses by an amount that we believe is approximately equal to theoretical lease costs we would incur had our parent company not provided us with facilities that are not a component of operating costs in our goodwill reporting unit. After having determined the amount of our explicit year cash flows, we assumed that the Company would experience a long-term growth rate in free cash flows of 2% per annum thereafter. We then multiplied our cash flows by a marginal federal and state tax rate of 40% to derive our after-tax yearly cash flows. The ~~range of~~ Intellectual Property values we derived using the above amounted to $4140,~~431~~838,~~530~~471, which exceeds the carrying value of our Intellectual Property of $9,~~958~~249,~~222~~498.

Our initial commercialization strategy, which was utilized as a basis for our 2012 impairment testing, contained a forecast that called for material sales to begin to occur in April of 2013. However, primarily due to the lead time involved with the following activities: 1) sales force orientation and training; 2) production of selling materials and 3) a relatively long sales cycle that includes product trial testing, we have lowered our 2013 revenue forecast to $1,120,000. We forecast to make up the difference between our original forecast and our current forecast in calendar years 2014 and 2015, and the effect of our revision is not anticipated to have a significant impact on our valuation.22

Liquidity and Capital Resources

We had $71,~~802~~244 of cash at ~~July~~January 31, ~~2013~~2014. Cash used in operations for the ~~nine~~three months ended ~~July~~January 31, 2013 was $~~606~~198,~~874~~458. The principal ~~use~~uses of funds were for consulting services supporting the development of our business plan, legal and accounting fees in connection with becoming a public company and daily operations of the business, including rent, travel and laboratory costs.

For the ~~nine~~three months Ended ~~July~~January 31, ~~2013~~2014, we raised $~~614~~199,000 of cash from the issuance of convertible debentures.

We are not currently generating significant revenues and rely on raising new capital to fund our ongoing operations and development of our strategic business objectives. We have been able to use proceeds from the sale of our shares of common stock to fund a substantial balance of our operating costs. On December 12, 2012 we issued a convertible promissory note to JMJ financial in the amount of $250,000 of which we received anpayments ~~initial~~of $~~135~~190,000 ~~in payments~~payment. We expect to receive ~~additional~~similar payments from JMJ under the note at various intervals during the calendar year ~~2013~~2014.

OnWhile ~~October 18, 2012,~~ the ~~Board~~Company ofhas ~~Directors~~been ofable ~~the~~to ~~Company~~use ~~approved~~proceeds afrom ~~stock~~the ~~compensation~~issuance ~~plan~~of ~~for~~convertible ~~professionals~~promissory ~~and~~notes ~~consultants. The~~to ~~Plan~~fund ~~was~~a ~~approved~~substantial bybalance ~~the~~of ~~Board,~~its onoperating ~~November 7~~costs, ~~2012~~it ~~and~~does ~~the~~not ~~Company~~expect ~~filed~~that ~~with~~its ~~the~~funds ~~Securities~~will ~~and~~be ~~Exchange~~sufficient ~~Commission~~to ameet ~~registration~~its ~~statement~~anticipated onneeds ~~Form~~through ~~S-8~~February ~~for~~1, ~~issuance~~2015 ofand upit towill ~~ten~~need ~~(10) million shares pursuant~~ to ~~the~~raise ~~stock~~additional ~~compensation~~capital ~~plan. We~~during ~~plan~~fiscal 2014 to fund athe ~~portion~~full ofcosts ~~our~~associated ~~expenses~~with byits ~~issuing~~growth ~~shares of our S-8 common stock to consultants~~ and ~~professionals~~development.

OnThe ~~December~~Company ~~11,~~believes ~~2012,~~that ~~the~~we ~~Company~~will ~~entered~~be ~~into~~able anto ~~Equity~~generate ~~Purchase~~significant ~~Agreement~~sales ~~(“Equity~~by ~~Line~~the fourth quarter of ~~Credit”)~~2014 ~~with~~providing ~~Southridge~~for ~~Partners~~sufficient ~~II,~~cash LPflows ~~for~~to ansupplement our equity ~~line~~financing. If ofwe upare able to ~~$10~~execute our plan,~~000,000.~~ ~~Pursuant~~the Company can begin to ~~the~~accumulate ~~Equity~~cash ~~Purchase~~reserves. There ~~Agreement,~~is ~~the~~no ~~Company~~assurance ~~has~~based ~~the~~on ~~right~~our current plans, athowever ~~its~~that ~~discretion,~~our tofunds ~~sell~~will be sufficient to ~~Southridge~~meet upour toanticipated ~~$10~~needs ~~million~~through ofour ~~its~~fiscal ~~common~~year ~~stock~~2013, ~~from~~and ~~time~~we tomay ~~time~~need ~~over~~to araise ~~36-month~~additional ~~period.~~capital ~~The~~during ~~Company~~fiscal ~~will~~2014 ~~have~~to fund the ~~right,~~full ~~but~~costs isassociated ~~not~~with ~~obligated,~~our togrowth ~~sell~~and ~~stock~~development. There tocan ~~Southridge~~be ~~depending~~no onassurances ~~certain~~that ~~conditions~~we aswill ~~set~~be ~~forth~~successful in ~~the~~raising ~~Agreement. We~~additional ~~are~~capital ~~currently~~on ~~responding~~favorable toterms ~~questions~~if ~~from~~at all. If the ~~SEC~~Company ~~regarding~~is ~~our~~unable ~~registration~~to ~~statement. We~~secure ~~need~~additional capital, it may be required to ~~have~~curtail ~~approval~~its ~~from~~business ~~SEC~~development ~~before~~initiatives, weimpair ~~can~~its ~~begin~~intellectual ~~using~~property ~~the~~and ~~Equity~~take ~~Line~~additional measures to reduce cost in order to conserve cash.

26These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Accordingly, the accompanying unaudited condensed consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplates continuation of the Company as a going concern and the realization of assets and the satisfaction of liabilities in the normal course of business. The carrying amounts of assets and liabilities presented in the financial statements do not necessarily purport to represent realizable or settlement values. The unaudited condensed consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

The Company believes that we will be able to generate significant sales by the first quarter of 2014 providing for sufficient cash flows to supplement our equity financing. If we are able to execute our plan, the Company can begin to accumulate cash reserves. There is no assurance based on our current plans, however that our funds will be sufficient to meet our anticipated needs through our fiscal year 2013, and we may need to raise additional capital during fiscal 2013 to fund the full costs associated with our growth and development. There can be no assurances that we will be successful in raising additional capital on favorable terms if at all. If the Company is unable to secure additional capital, it may be required to curtail its business development initiatives, impair its intellectual property and take additional measures to reduce cost in order to conserve cash.

These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Accordingly, the accompanying audited consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplates continuation of the Company as a going concern and the realization of assets and the satisfaction of liabilities in the normal course of business. The carrying amounts of assets and liabilities presented in the financial statements do not necessarily purport to represent realizable or settlement values. The audited consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Off-Balance Sheet Arrangements

We do not have any off-balance sheet arrangements.

ITEM 4. CONTROLS AND PROCEDURES

Evaluation of disclosure controls and procedures

As of the end of the period covered by this report, we conducted an evaluation, under the supervision and with the participation of our chief executive officer and ~~chief~~principal financial officer of our disclosure controls and procedures (as defined in Rule 13a-15(e) and Rule 15d-15(e) of the Exchange Act). Based upon this evaluation, our chief executive officer and ~~chief~~principal financial officer concluded that our disclosure controls and procedures were effective to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is: (1) accumulated and communicated to our management, including our chief executive officer and ~~chief~~principal financial officer, as appropriate to allow timely decisions regarding required disclosure; and (2) recorded, processed, summarized and reported, within the time periods specified in the SEC's rules and forms.

~~Changes in Internal Controls over Financial Reporting~~23

~~There~~Changes ~~have been no changes~~ in ~~our~~Internal ~~internal~~Control ~~controls~~Over ~~over~~Financial financial reporting that occurred during our last fiscal three months to which this Quarterly Report on Form 10-Q relates that have materially affected, or are reasonably likely to materially affect, our internal controls over financial reporting.Reporting

27During the three months ended January 31, 2014, there were no changes in our internal control over financial reporting that have materially affected, or are reasonably likely to materially affect our internal control over financial reporting.

PART II — OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

On November 26, 2012, the Company filed a complaint against Raj Pamani, a shareholder and former director of the Company in the Superior Court of New Jersey Essex County: Chancery Division (“the Complaint”)None. Included also as defendants were several entities to which in 2009 the Company awarded approximately 13 million shares of its common stock in consideration for consulting contracts which the Company has concluded were fraudulently induced and were later deemed to be worthless (the “Defendant Entities”). By causing the Company to enter into the contracts to its detriment in favor of Mr. Pamani’s and the Defendant Entities self-enrichment, the Company seeks to recover damages incurred from the actions of Mr. Pamani and the Defendant Entities as a result of self-dealing, breach of fiduciary duty, breach of loyalty and fraud. As this matter unfolds, the Company may pursue and recover damages incurred from other parties that come to its attention for their participation.

ITEM 1A. RISK FACTORS

Not Applicable.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

On ~~May~~December 1319, 2013, the Company issued ~~260~~11,000,000 ~~shares of its restricted common stock~~ to ~~Olshan, Frome, Wolosky LLP in connection with~~ a ~~settlement~~consulting ~~for outstanding legal bills~~firm. The ~~shares~~Company ~~represented~~recorded ~~$7,800~~consulting offee ~~the~~expense ~~overall settlement price~~ of $1910,~~600~~000. The shares were valued ~~and issued~~ at $.030009 ~~based~~representing on the approximate ~~closing~~trading ~~quotation~~ price ~~for~~of the Company'’s common stock ~~during~~at the ~~negotiations~~time ~~leading~~of ~~up to~~ the ~~settlement~~issuance.

On ~~April~~November 2521, 2013, the Company issued ~~787~~1,~~500~~000,000 shares of its ~~restricted~~ common stock to ~~employees~~Randy asMcNeil ~~bonus~~pursuant ~~compensation~~a ofstock ~~$78,750~~purchase ~~for~~agreement ~~the~~with ~~2012~~Mr. ~~calendar~~McNeil ~~year~~on September 12, 2013 for $5,000. The ~~shares~~purchase ~~were~~price ~~valued~~per ~~and~~share ~~issued~~of atthe common stock is $.10005 ~~based~~which onwas equal to the closing ~~quotation~~trading price ~~for~~of the Company'’s common stock on ~~December~~September 3110, ~~2012~~2013.

On ~~February~~November 2721, 2013, the Company issued ~~an aggregate of~~ 1,~~075~~466,~~375~~276 shares of its ~~restricted~~ common stock to ~~members~~Bernie ofCasamento ~~its~~pursuant ~~Board~~to ofa ~~Directors~~stock aspurchase ~~compensation~~agreement ~~for~~with ~~their~~Mr. ~~participation~~Casamento ~~the~~on ~~Board~~August 16, ~~and~~2013 ~~recorded~~for $7810,~~500~~000. The ofpurchase ~~expenses~~price ofper ~~board~~share of ~~directors’~~the ~~fees. The~~common ~~shares~~stock ~~were~~was ~~valued~~$.0068 ~~and~~which ~~issued~~is atequal ~~$.07~~to ~~per~~the ~~share~~average ~~based~~closing ontrading price of the ~~preceding~~Company’s ~~ten~~common stock for the five (105) ~~day~~preceding ~~average~~days of the ~~prevailing~~closing ~~quotation~~on ~~prices~~August ~~for~~16, ~~the Company's stock~~2013.

On ~~February~~November 2721, 2013, the Company issued ~~121~~1,~~951~~466,276 shares of its ~~restricted~~ common stock to ~~the~~Bob ~~WahlRich~~Rutherford ~~Group,~~pursuant to a ~~marketing~~stock ~~consultant~~purchase ~~firm,~~agreement ~~for fees associated~~ with ~~their~~Mr. ~~efforts~~Rutherford ofon ~~package~~August ~~design~~16, 2013 for ~~our products~~$10,000. The ~~shares~~purchase ~~were~~price ~~valued~~per ~~and~~share ~~issued~~of atthe common stock was $.080068 ~~per~~which ~~share~~is ~~based~~equal onto the ~~preceding~~average ~~ten~~closing ~~(10)~~trading ~~day~~price ~~average~~ of the ~~prevailing~~Company’s ~~quotation~~common ~~prices~~stock for the ~~Company's~~five ~~stock~~(5) preceding days of the closing on August 16, 2013.

All of such shares were issued pursuant to an exemption from registration under the Securities Act by virtue of Section 4(2) of the Securities Act.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES.

None.

ITEM 4. MINE SAFETY DISCLOSURES.

None.

ITEM 5. OTHER INFORMATION.

None.

ITEM 6. EXHIBITS

The following exhibits are filed with this Quarterly Report on Form 10-Q:

Exhibit No.		Description
3.1		Articles of Incorporation of BioNeutral Group, Inc. (1)
3.2		Amendment to Articles of Incorporation of BioNeutral Group, Inc. (2)
3.3		Bylaws of BioNeutral Group, Inc. (formerly known as Moonshine Creations, Inc.) (1)
10.41		Global release, cancellation of Preferred Stock Purchase Agreement, Preferred Stock Drawdown Agreement, The Agreement to Assign and Settle Notes and Agreement to License Invention by and Between the Company.(3)
10.42		Note Satisfaction and Exchange Agreement between the Company and Herb Kozlov.
10.43		Preferred Stock Purchase Agreement dated August 5, 2013 by and between the Company and Mark Lowenthal.(4)
10.44		Loan Modification Agreement dated July 1, 2013 by and between the Company and Michael Francis.(4)
10.45		Deferred Compensation Agreements dated July 10, 2013 by and between the Company and Mark Lowenthal, Andy Kielbania and Tom Cunningham.(4)
10.46		Convertible Promissory Note issued to Randy McNeil dated August 19, 2013 in the amount of $15,000.*
10.47		Convertible Promissory Note issued to James Casserly dated July 16, 2013 in the amount of $25,000.*
10.48		Stock Purchase Agreement entered into with Bernie Casamento dated August 16, 2013 in the amount of $10,000.*
10.49		Stock Purchase Agreement entered into with Bob Rutherford dated August 16, 2013 in the amount of $10,000.*
31.1		Certification of Principal Executive Officer and Principal Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002*
32.1		Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002*

________________________

(1) Incorporated by reference to BioNeutral Group, Inc.'s Registration Statement on Form S-1 filed with the Securities and Exchange Commission on February 14, 2008.

(2) Incorporated by reference to BioNeutral Group, Inc.'s Current Report on Form 8-K filed with the Securities and Exchange Commission on February 5, 2009.

(3) Incorporated by reference to BioNeutral Group, Inc.'s Current Report on Form 8-K filed with the Securities and Exchange Commission on April 18, 2013.

(4) Incorporated by reference to BioNeutral Group, Inc.'s Current Report on Form 8-K filed with the Securities and Exchange Commission on August 23, 2013.

* Filed herewith.

2925

SIGNATURE

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	BIONEUTRAL GROUP, INC.
September 16, 2013	By:	/s/Mark Lowenthal
March 14, 2014	By:	/s/ Mark Lowenthal
		Mark Lowenthal
		Chief Executive Officer (Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer)
		Chief Executive Officer and President (Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer)

3026

Filing Compare · BioNeutral Group, Inc