UNITED STATES SECURITIES AND EXCHANGE COMMISSION

~~SECURITIES AND EXCHANGE COMMISSION~~ Washington, D.C. 20549 ~~FORM 10-Q~~

———————

FORM 10-Q

———————

(Mark One)

þ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended ~~March 31~~June 30, 2009.

o ¨ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to .

Commission file number: 000-52017

———————

HIGH END VENTURES, INC.

(Exact name of registrant as specified in its charter)

~~Colorado (State or other jurisdiction of incorporation or organization) 98-0219157 (I.R.S. Employer Identification No.)~~———————

Seestrasse 8, Zollikon, CH-8702, Switzerland

Colorado

98-0219157

(State or other jurisdiction of

incorporation or organization)

(I.R.S. Employer

Identification No.)

Seestrasse 8, Zollikon , CH-8702, Switzerland

(Address of principal executive offices) (Zip Code)

41 44 202 00 80

(Registrant’s telephone number, including area code)

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

Indicate by check mark whether the registrant: (~~Former~~1) ~~name,~~filed ~~former~~all ~~address~~reports ~~and~~required ~~former~~to ~~fiscal~~be ~~year,~~filed ifby ~~changed~~Section 13 ~~since~~or ~~last~~15(d) ~~report~~of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days: Yes þ No ¨.

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

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company as defined by Rule 12b-2 of the Exchange Act:

Large accelerated filer o ¨ Accelerated filer o ¨ Non-accelerated filer o ¨ Smaller reporting company þ

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

At ~~June 19~~August 10, 2009 the number of shares outstanding of the registrant's common stock, $0.001 par value (the only class of voting stock), was 15,850,000.

TABLE OF CONTENTS

PART I. - FINANCIAL INFORMATION
	ITEM 1. FINANCIAL STATEMENTS		3
		Balance Sheets as of March 31, 2009 (unaudited) and September 30, 2008 (audited)	4
		Unaudited Statements of Operations for the three month and six month periods ended March 31, 2009 and March 31, 2008 and the period from inception	5
		Unaudited Statements of Cash Flows for the six month periods ended March 31, 2008 and March 31, 2007 and the period from inception	6
		Notes to Unaudited Financial Statements	7
	ITEM 2. Management's Discussion and Analysis of Financial Condition and Results of Operations		12
	ITEM 3. Quantitative and Qualitative Disclosures about Market Risk		17
	ITEM 4T. Controls and Procedures		17
PART II. - OTHER INFORMATION
	ITEM 1. Legal Proceedings		17
	ITEM 1A. Risk Factors		18
	ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds		20
	ITEM 3. Defaults upon Senior Securities		20
	ITEM 4. Submission of Matters to a Vote of Securities Holders		20
	ITEM 5. Other Information		20
	ITEM 6. Exhibits		20
	Signatures		21
Index to Exhibits			22

PART I - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

Balance Sheets as of June 30, 2009 (unaudited) and September 30, 2008 (audited)

Statements Of Operations for the three month and nine month periods ended
June 30, 2009 and June 30, 2008 and the period from inception

Statements Of Cash Flows for the nine month periods ended June 30, 2009 and
June 30, 2008 and the period from inception

Notes to Unaudited Financial Statements

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

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

ITEM 4T. CONTROLS AND PROCEDURES

PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

ITEM 1A. RISK FACTORS

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

ITEM3. DEFAULTS ON SENIOR SECURITIES

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

ITEM 5. OTHER INFORMATION

ITEM 6. EXHIBITS

Index to Exhibits

Signatures

PART I –- FINANCIAL INFORMATION

ITEM 1. ~~FINANCIAL STATEMENTS~~

AsFINANCIAL used herein, the terms “Company,” “we,” “our,” “us,” “it,” and “its” refer to High End Ventures, Inc., a Colorado corporation, and its predecessors, unless otherwise indicated. In the opinion of management, the accompanying unaudited financial statements included in this Form 10-Q reflect all adjustments (consisting only of normal recurring accruals) necessary for a fair presentation of the results of operations for the periods presented. The results of operations for the periods presented are not necessarily indicative of the results to be expected for the full year.STATEMENTS

3As used herein, the terms “Company,” “we,” “our,” “us,” “it,” and “its” refer to High End Ventures, Inc., a Colorado corporation, and its predecessors, unless otherwise indicated. In the opinion of management, the accompanying unaudited financial statements included in this Form 10-Q reflect all adjustments (consisting only of normal recurring accruals) necessary for a fair presentation of the results of operations for the periods presented. The results of operations for the periods presented are not necessarily indicative of the results to be expected for the full year.

HIGH END VENTURES, INC. (A DEVELOPMENT STAGE COMPANY) BALANCE SHEETS
		March 31,	September 30,
		2009	2008
ASSETS
Current assets
	Cash and cash equivalents	$ 4,720	$ 5,557
Total current assets		4,720	5,557
TOTAL ASSETS		$ 4,720	$ 5,557
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities
	Accounts payable and accrued liabilities	$ 276,226	$ 255,419
	Accrued interest payable	57,238	41,433
	Loans payable	350,892	337,107
Total current liabilities		684,356	633,959
TOTAL LIABILITIES		684,356	633,959
Commitments and contingencies
Stockholders' deficit
	Common stock
	100,000,000 common shares authorized at
	$0.001 par value; 15,850,000 common shares issued and outstanding (September 30, 2008 - 15,850,000)	15,850	15,850
	Additional paid-in capital	47,650	47,650
	Accumulated deficit	(743,136)	(691,902)
Total stockholders' deficit		(679,636)	(628,402)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT		$ 4,720	$ 5,557

~~The~~HIGH ~~accompanying~~END ~~notes~~VENTURES, ~~are an integral part of these financial statements~~INC.

4(A DEVELOPMENT STAGE COMPANY)

HIGH END VENTURES, INC.
(A DEVELOPMENT STAGE COMPANY)
STATEMENTS OF OPERATIONS
							From January 19, 1999
		For the three months ended		For the six months ended		(Date of inception)
		March 31,		March 31,		through March 31,
		2009	2008	2009	2008	2009
Revenue:		$ -	$ -	$ -	$ -	$ -
Operating expenses
	Exploration costs	-	-	-	-	17,000
	General & administrative	20,194	44,293	35,429	107,954	414,677
	Impairment on loan receivable	-	-	-	-	284,122
Total Operating expenses		20,194	44,293	35,429	107,954	715,799
Net (Loss) from Operations		$ (20,194)	$ (44,293)	$ (35,429)	$ (107,954)	$ (715,799)
Other income (expense)
Interest income		-	6,356	-	12,229	29,901
Interest expense		(8,004)	(7,267)	(15,805)	(14,044)	(57,238)
Total Other income (expense)		(8,004)	(911)	(15,805)	(1,815)	(27,337)
NET (LOSS)		$ (28,198)	$ (45,204)	$ (51,234)	$ (109,769)	$ (743,136)
Weighted Average Shares Common Stock Outstanding		15,850,000	15,850,000	15,850,000	15,850,000
Net Loss Per Share (Basis and Fully Dilutive)		$ (0.00)	$ (0.00)	$ (0.00)	$ (0.01)

BALANCE SHEETS

The accompanying notes are an integral part of these financial statements


	June 30,			September 30,
	2009			2008
ASSETS

Current assets
Cash and cash equivalents	$	5,102		$	5,557

Total current assets		5,102			5,557

TOTAL ASSETS	$	5,102		$	5,557

LIABILITIES AND STOCKHOLDERS' DEFICIT

Current liabilities
Accounts payable and accrued liabilities	$	291,915		$	255,419
Accrued interest payable		65,402			41,433
Loans payable		356,767			337,107

Total current liabilities		714,084			633,959

TOTAL LIABILITIES		714,084			633,959

Commitments and contingencies
Stockholders' deficit
Common stock
100,000,000 common shares authorized at $0.001 par value; 15,850,000 common shares issued and outstanding (September 30, 2008 - 15,850,000)		15,850			15,850
Additional paid-in capital		47,650			47,650
Accumulated deficit		(772,482	)		(691,902	)

Total stockholders' deficit		(708,982	)		(628,402	)

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	5,102		$	5,557

5The accompanying notes are an integral part of these financial statements

HIGH END VENTURES, INC. (A DEVELOPMENT STAGE COMPANY) STATEMENTS OF CASH FLOWS
					Jan. 19, 1999
					(Inception)
			For the six months ended		through
			March 31,		March 31,
			2009	2008	2009
Cash flows from operating activities
	Net loss		$ (51,234)	$ (109,769)	$ (743,136)
	Adjustments to reconcile net loss to net cash used in operations:
	Issuance of stock for services rendered		-	-	500
	Write off mineral claims		-	-	12,000
	Changes in:
	Loan receivable		-	(11,263)	(29,901)
	Impairment of loan receivable		-	-	284,122
	Accounts payable and accrued liabilities		20,807	82,555	276,226
	Accrued interest payable		15,805	14,045	57,238
	Net cash used in operating activities		(14,622)	(24,432)	(142,951)
Cash flows from investing activities
	Purchase mineral claims		-	-	-
	Loan receivable principal advance		-	-	(254,221)
	Net cash used in investing activities		-	-	(254,221)
Cash flows from financing activities
	Payment of stock subscription receivable		-	-	24,000
	Issuance of common stock for cash		-	-	27,000
	Proceeds from loans payable		13,785	25,000	350,892
	Net cash provided by financing activities		13,785	25,000	401,892
Increase (decrease) in cash and cash equivalents			(837)	568	4,720
Cash and cash equivalents, beginning of period			5,557	11,412	-
Cash and cash equivalents, end of period			$ 4,720	$ 11,980	$ 4,720
		target
Supplementary information
	Interest paid		$ -	$ -	$ -
	Taxes Paid		$ -	$ -	$ -

~~The~~HIGH ~~accompanying~~END ~~notes~~VENTURES, ~~are an integral part of these financial statements~~INC.

6(A DEVELOPMENT STAGE COMPANY)

~~HIGH~~STATEMENTS ~~END~~OF ~~VENTURES, INC. (A Development Stage Company) NOTES TO UNAUDITED FINANCIAL STATEMENTS~~OPERATIONS

March 31, 2009


													From January 19, 1999
	For the three months ended						For the nine months ended						(Date of inception)
	June 30,						June 30,						through June 30,
	2009			2008			2009			2008			2009
Revenue:	$	––		$	––		$	––		$	––		$	––
Operating expenses
Exploration costs		––			––			––			––			17,000
General & administrative		21,182			22,456			56,611			130,410			435,859
Impairment on loan receivable		––			284,122			––			284,122			284,122
Total Operating expenses		21,182			306,578			56,611			414,532			736,981

Net (Loss) from Operations	$	(21,182	)	$	(306,578	)	$	(56,611	)	$	(414,532	)	$	(736,981	)

Other income (expense)
Interest income		––			6,356			––			18,584			29,901
Interest expense		(8,164	)		(7,588	)		(23,969	)		(21,631	)		(65,402	)
Total Other income (expense)		(8,164	)		(1,232	)		(23,969	)		(3,047	)		(35,501	)

NET (LOSS)	$	(29,346	)	$	(307,810	)	$	(80,580	)	$	(417,579	)	$	(772,482	)
Weighted Average Shares Common Stock Outstanding		15,850,000			15,850,000			15,850,000			15,850,000
Net Loss Per Share (Basis and Fully Dilutive)	$	(0.00	)	$	(0.02	)	$	(0.00	)	$	(0.03	)

~~NOTE 1 – BASIS OF PRESENTATION~~ The ~~interim~~accompanying ~~financial~~notes ~~statements of High End Ventures, Inc. (the “Company”) for the six months ended March 31, 2009 and 2008~~ are ~~not~~an ~~audited. The~~integral ~~financial~~part statements are prepared in accordance with the requirements for unaudited interim periods, and consequently do not include all disclosures required to be in conformity with accounting principles generally accepted in the United States of ~~America. In~~these ~~the opinion of management, the accompanying interim~~ financial statements contain all adjustments, consisting only of normal recurring accruals, necessary for a fair presentation of the Company’s financial position as of March 31, 2009 and the results of operations and cash flows for the six months ended March 31, 2009 and 2008. The results of operations for the six months ended March 31, 2009 and 2008 are not necessarily indicative of the results for a full year period.

NOTE 2 – NATURE AND PURPOSE OF BUSINESS High End Ventures, Inc. (the “Company”) was incorporated under the laws of the State of Colorado on January 19, 1999. The Company was previously engaged in exploration activities designed to identify economically viable deposits of precious metals, which activities were abandoned. During the final quarter of fiscal 2006 the Company decided to switch its attention to alternative business opportunities. On October 23, 2006 the Company executed an agreement to acquire The Electrolinks Corporation (“Electrolinks”), a Toronto, Ontario based development stage-company intent on providing “smart grid” applications for power utilities and buildings designed to deliver broadband over power line (BPL) services utilizing any form of existing electrical infrastructure. The parties agreed not to proceed with the agreement on September 18, 2007 and entered into new agreements to implement the intent of the transaction. Nonetheless, the Company’s shareholders could not satisfy corporate quorum requirements on two separate occasions to consider the transaction. As a result of that failure, the agreements for the Company to acquire Electrolinks expired on their own terms and conditions. The Company is currently without operations and is in the process of identifying an alternative business opportunity through merger or acquisition. The Company has elected September 30 as the end of its fiscal year. 3

~~NOTE~~HIGH 3END –VENTURES, GOING CONCERN The accompanying financial statements have been prepared in conformity with generally accepted accounting principles that contemplate continuation of the Company as a going concernINC. The Company has incurred losses since its inception and has not yet been successful in establishing profitable operations. These factors raise considerable doubt about the ability of the Company to continue as a going concern. Continuance of the Company as a going concern is dependent upon receiving additional working capital through loans and/or additional sales of the Company’s common stock. There is no assurance that the Company will succeed in raising this additional capital or achieving profitable operations. The accompanying financial statements do not include any adjustments that might result from the outcome of these uncertainties.

7(A DEVELOPMENT STAGE COMPANY)

~~HIGH~~STATEMENTS ~~END~~OF ~~VENTURES,~~CASH ~~INC. (A Development Stage Company) NOTES TO UNAUDITED FINANCIAL STATEMENTS~~FLOWS

March 31, 2009


							Jan. 19, 1999
							(Inception)
	For the nine months ended						through
	June 30,						June 30,
	2009			2008			2009
Cash flows from operating activities
Net loss	$	(80,580	)	$	(417,579	)	$	(772,482	)

Adjustments to reconcile net loss to net cash used in operations:
Issuance of stock for services rendered		––			––			500
Write off mineral claims		––			––			12,000
Changes in:
Loan receivable		––			(17,619	)		(29,901	)
Impairment of loan receivable		––			284,122			284,122
Accounts payable and accrued liabilities		36,496			95,686			291,915
Accrued interest payable		23,969			21,632			65,402

Net cash used in operating activities		(20,115	)		(33,759	)		(148,444	)

Cash flows from investing activities
Purchase mineral claims		––			––			––
Loan receivable principal advance		––			––			(254,221	)

Net cash used in investing activities		––			––			(254,221	)

Cash flows from financing activities
Payment of stock subscription receivable		––			––			24,000
Issuance of common stock for cash		––			––			27,000
Proceeds from loans payable		19,660			42,000			356,767

Net cash provided by financing activities		19,660			42,000			407,767

Increase (decrease) in cash and cash equivalents		(455	)		8,241			5,102

Cash and cash equivalents, beginning of period		5,557			11,412			––

Cash and cash equivalents, end of period	$	5,102		$	19,653		$	5,102
target
Supplementary information
Interest paid	$	––		$	––		$	––
Taxes Paid	$	––		$	––		$	––

~~NOTE~~The ~~4 –~~accompanying ~~NATURE~~notes OFare ~~SIGNIFICANT~~an ~~ACCOUNTING~~integral ~~POLICIES~~ part of these financial statements

Cash and Cash Equivalents The Company considers all highly liquid instruments with a stated maturity of three months or less to be cash and cash equivalents. As of March 31, 2009, cash consists of balances held with financial institutions. Cash is deposited in institutions that are generally federally insured in limited amounts. 4

~~Use~~HIGH ofEND Estimates The preparation of financial statements in accordance with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statementsVENTURES, ~~and the reported amounts of revenue and expenses during the reporting period~~INC. (A ~~Actual~~Development ~~results~~Stage ~~could~~Company) NOTES ~~differ~~TO ~~from~~UNAUDITED ~~those~~FINANCIAL ~~estimates.~~STATEMENTS June 30, 2009

~~Fair~~NOTE ~~Value of Financial Instruments The Company’s short~~1 -~~term~~ ~~financial~~BASIS ~~instruments~~OF consist of cash and cash equivalents and accounts payable. The carrying amounts of these financial instruments approximate fair value because of their short-term maturities. Financial instruments that potentially subject the Company to a concentration of credit risk consist principally of cash. During the six months ended March 31, 2009 the Company did not maintain cash deposits at financial institutions in excess of the limit covered by the Federal Deposit Insurance Corporation. The Company does not hold or issue financial instruments for trading purposes nor does it hold or issue interest rate or leveraged derivative financial instruments. PRESENTATION

~~Earnings~~The ~~per~~interim ~~Share Basic~~financial ~~Earnings~~statements ~~per Share (“EPS”) is computed by dividing net income available to common stockholders by the weighted average number~~ of ~~common~~High ~~stock~~End ~~shares~~Ventures, ~~outstanding during the period~~Inc. ~~Diluted~~ ~~EPS is computed by dividing net income available to common stockholders by~~ (the ~~weighted-average~~“Company”) ~~number~~for ~~of common stock shares outstanding during~~ the ~~period~~three ~~plus~~and ~~potential~~nine ~~dilutive~~months ~~instruments~~ended ~~such~~June 30, as2009 ~~stock~~and ~~options~~2008 ~~and~~are ~~warrant~~not audited. The ~~effect~~financial ofstatements ~~stock~~are ~~options~~prepared onin ~~diluted~~accordance ~~EPS~~with ~~is determined through~~ the ~~application~~requirements offor ~~the~~unaudited ~~treasury~~interim ~~stock method~~periods, ~~whereby~~and ~~proceeds~~consequently ~~received~~do bynot ~~the~~include ~~Company~~all ~~based~~disclosures onrequired ~~assumed exercises are hypothetically used~~ to ~~repurchase~~be ~~the~~in ~~Company’s~~conformity ~~common~~with ~~stock~~accounting atprinciples ~~the~~generally ~~average~~accepted ~~market~~in ~~price during~~ the ~~period. Loss~~United ~~per~~States ~~share is unchanged on a diluted basis since the assumed exercise~~ of ~~common stock equivalents would have an anti-dilutive effect~~America. ~~At March 31 2009 and 2008 the Company did not have any potentially dilutive instruments outstanding.~~

8In the opinion of management, the accompanying interim financial statements contain all adjustments, consisting only of normal recurring accruals, necessary for a fair presentation of the Company’s financial position as of June 30, 2009 and the results of operations and cash flows for the nine months ended June 30, 2009 and 2008. The results of operations for the nine months ended June 30, 2009 and 2008 are not necessarily indicative of the results for a full year period.

~~HIGH~~NOTE ~~END~~2 ~~VENTURES,~~- ~~INC. (A~~NATURE ~~Development~~AND ~~Stage~~PURPOSE ~~Company) NOTES~~OF ~~TO UNAUDITED FINANCIAL STATEMENTS~~BUSINESS

~~March~~High 31End Ventures, ~~2009~~Inc. (the “Company”) was incorporated under the laws of the State of Colorado on January 19, 1999. The Company was previously engaged in exploration activities designed to identify economically viable deposits of precious metals, which activities were unsuccessful and have since been abandoned. During the final quarter of fiscal 2006 the Company decided to switch its attention to alternative business opportunities.

~~NOTE~~On 4October 23, –2006 ~~NATURE~~the OFCompany ~~SIGNIFICANT~~executed ~~ACCOUNTING~~an ~~POLICIES~~agreement to acquire The Electrolinks Corporation (“Electrolinks”), a Toronto, Ontario based development stage-company ~~continued~~intent on providing “smart grid” applications for power utilities and buildings designed to deliver broadband over power line (BPL) services utilizing any form of existing electrical infrastructure. The parties agreed not to proceed with the agreement on September 18, 2007 and entered into new agreements to implement the intent of the transaction. Nonetheless, the Company’s shareholders could not satisfy corporate quorum requirements on two separate occasions to consider the transaction. As a result of that failure, the agreements for the Company to acquire Electrolinks expired on their own terms and conditions.

~~Income Taxes~~ The Company ~~uses~~is ~~the~~currently ~~asset~~without ~~and~~operations ~~liability method of accounting for income taxes as required by SFAS No. 109 “Accounting for Income Taxes”. SFAS 109 requires the recognition of deferred tax assets~~ and ~~liabilities~~has ~~for~~recently ~~the~~entered ~~expected~~into ~~future~~a ~~tax~~merger ~~consequences~~agreement ofdiscussed ~~temporary~~below differences between the carrying amounts and the tax basis of certain assets and liabilities. Deferred income tax assets and liabilities are computed annually for the difference between the financial statement and tax bases of assets and liabilities that will result in taxable or deductible amounts in the futurewhich, ~~based on enacted tax laws and rates applicable to the periods~~ in ~~which~~ the ~~differences~~event ~~are~~of ~~expected to affect taxable income. Valuation allowances are established when necessary to reduce deferred tax assets to~~ the ~~amount~~completion expected to be realized. Income tax expense is the tax payable or refundable for the period, plus or minus the change during the period in deferred tax assets and liabilities. Deferred income taxes may arise from temporary differences resulting from income and expense items reported for financial accounting and tax purposes in different periods. Deferred taxes are classified as current or non-current, depending on the classification of the ~~assets~~merger ~~and~~would ~~liabilities~~provide ~~to which they relate. Deferred taxes arising from temporary differences that are not related to~~ an ~~asset~~alternative orbusiness ~~liability~~opportunity ~~are~~for ~~classified as current or non-current depending on~~ the ~~periods in which the temporary differences are expected to reverse. The~~ Company ~~had no significant deferred tax items arise during any of the periods presented~~.

~~Concentration of Credit Risk:~~ The ~~financial~~Company ~~instrument~~has ~~which~~elected ~~potentially~~September 30 ~~subjects~~as the ~~Company~~end ~~to concentration~~ of credit risk is cash. The Company maintains cash in bank accounts that, at times, may exceed federally insured limits. As of March 31, 2009, the Company has not exceeded the federally insured limit. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant risks on its ~~cash~~fiscal ~~in bank accounts~~year.

~~Recent~~NOTE ~~Accounting~~3 Pronouncements: The Financial Accounting Standards Board (“FASB”) has issued Statement of Financial Accounting Standards (“SFAS”) No. 163, Accounting for Financial Guarantee Insurance Contracts. SFAS No. 163 clarifies how SFAS No. 60, Accounting and Reporting by Insurance Enterprises, applies to financial guarantee insurance contracts issued by insurance enterprises, and addresses the recognition and measurement of premium revenue and claim liabilities. It requires expanded disclosures about contracts, and recognition of claim liability prior to an event of default when there is evidence that credit deterioration has occurred in an insured financial obligation. It also requires disclosure about (a) the risk-~~management~~ ~~activities~~GOING used by an insurance enterprise to evaluate credit deterioration in its insured financial obligations, and (b) the insurance enterprise's surveillance or watch list. The Company is currently evaluating the impact of SFAS No. 163.CONCERN

9The accompanying financial statements have been prepared in conformity with generally accepted accounting principles that contemplate continuation of the Company as a going concern.

~~HIGH~~The ~~END~~Company ~~VENTURES,~~has ~~INC~~incurred losses since its inception and has not yet been successful in establishing profitable operations. (A ~~Development~~These ~~Stage~~factors raise considerable doubt about the ability of the Company~~) NOTES~~ TOto ~~UNAUDITED~~continue ~~FINANCIAL~~as ~~STATEMENTS~~a going concern. Continuance of the Company as a going concern is dependent upon receiving additional working capital through loans and/or additional sales of the Company’s common stock. There is no assurance that the Company will succeed in raising this additional capital or achieving profitable operations. The accompanying financial statements do not include any adjustments that might result from the outcome of these uncertainties.

~~March~~NOTE ~~31,~~4 - ~~2009~~NATURE OF SIGNIFICANT ACCOUNTING POLICIES

~~NOTE~~Cash ~~4 –~~and ~~NATURE~~Cash ~~OF SIGNIFICANT ACCOUNTING POLICIES - continued~~ Equivalents

~~Recent~~The ~~Accounting~~Company ~~Pronouncements~~considers -all ~~continued: In~~highly ~~May 2008,~~liquid the Financial Accounting Standards Board (“FASB”) issued FASB Staff Position (“FSP”) APB 14-1, “Accounting for Convertible Debt Instruments That May Be Settled in Cash upon Conversion (Including Partial Cash Settlement)” (“FSP APB 14-1”). FSP APB 14-1 clarifies that convertible debt instruments ~~that~~with ~~may~~a bestated ~~settled~~maturity inof ~~cash~~three ~~upon~~months ~~either mandatory~~ or ~~optional~~less ~~conversion~~to ~~(including partial~~be cash ~~settlement) are not addressed by paragraph 12 of APB Opinion No. 14, “Accounting for Convertible Debt~~ and ~~Debt~~cash ~~issued with Stock Purchase Warrants~~equivalents.~~” Additionally,~~ ~~FSP~~As ~~APB 14-1 specifies that issuers~~ of such instruments should separately account for the liability and equity components in a manner that will reflect the entity’s nonconvertible debt borrowing rate when interest cost is recognized in subsequent periods. FSP APB 14-1 is effective for financial statements issued for fiscal years beginning after DecemberJune 1530, ~~2008, and interim periods within those fiscal years. We will adopt FSP APB 14-1 beginning in the first quarter of~~ 2009, ~~and~~cash ~~this~~consists ~~standard must be applied on a retrospective basis. We are evaluating the impact the adoption~~ of ~~FSP~~balances ~~APB~~held ~~14-1~~with ~~will have on our~~ financial ~~position and results of operations~~institutions. In ~~May 2008,~~Cash ~~the FASB issued Statement of Financial Accounting Standards (“SFAS”) No. 162, “The Hierarchy of Generally Accepted Accounting Principles” (“SFAS 162”). This standard~~ is ~~intended~~deposited ~~to improve financial reporting by identifying a consistent framework, or hierarchy, for selecting accounting principles to be used~~ in ~~preparing~~institutions ~~financial statements~~ that are ~~presented in conformity with~~ generally ~~accepted~~federally ~~accounting~~insured ~~principles~~ in ~~the United~~limited ~~States for non-governmental entities~~amounts. SFAS 162 is effective 60 days following approval by the SEC of the Public Company Accounting Oversight Board’s amendments to AU Section 411, “The Meaning of Present Fairly in Conformity with Generally Accepted Accounting Principles.” We do not expect SFAS 162 to have a material impact on the preparation of our financial statements. In April 2008, the FASB issued FSP No. 142-3, “Determination of the Useful Life of Intangible Assets” (“FSP 142-3”). FSP 142-3 amends the factors an entity should consider in developing renewal or extension assumptions used in determining the useful life of recognized intangible assets under FASB Statement No. 142, “Goodwill and Other Intangible Assets”. This new guidance applies prospectively to intangible assets that are acquired individually or with a group of other assets in business combinations and asset acquisitions. FSP 142-3 is effective for financial statements issued for fiscal years and interim periods beginning after December 15, 2008. Early adoption is prohibited. We are currently evaluating the impact, if any, that FSP 142-3 will have on our financial statements.

~~NOTE~~ 5 – LOAN RECEIVABLE The Company loaned Electrolinks $254,221, including principal and interest of $29,901 as of March 31, 2009 in anticipation of acquiring said entity as a wholly owned subsidiary. The agreement to complete that transaction has since been abandoned and loans receivable from Electrolinks are now in default. Due to the uncertainty associated with the satisfaction of amounts owed by Electrolinks, management impaired the value of these loans as of June 30, 2008. NOTE 6 – MINERAL CLAIM The Company entered into an agreement on October 31, 2005 to acquire a 100% interest in a mineral claim located in the Victoria Mining District in British Columbia, Canada. The claim was acquired for $5,000 in cash and 600,000 shares of common stock valued at $12,000. The purchase price of the claim approximated the historical cost basis of the previous owner of the claim. Management has made a determination that the cost of the mineral claim will not be recovered and therefore the purchase price of $17,000 was charged to current operations as exploration costs in 2006.

10HIGH END VENTURES, INC. (A Development Stage Company) NOTES TO UNAUDITED FINANCIAL STATEMENTS June 30, 2009

~~HIGH~~Use ~~END~~of ~~VENTURES, INC. (A Development Stage Company) NOTES TO UNAUDITED FINANCIAL STATEMENTS~~Estimates

~~March~~The 31preparation of financial statements in accordance with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements, ~~2009~~and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

~~NOTE~~Fair 7Value ~~– SHORT TERM LOANS PAYABLE – RELATED PARTY TRANSACTIONS The Company has borrowed $325,875 and $25,000 from third parties to assist with working capital needs. The loan~~ of ~~$325,875~~Financial originated from a company affiliated with our current executive officer and director and bears interest at a rate of 10%. At March 31, 2009 interest of $57,238 had been accrued on this loan. The loan of $25,000 is an interest free, unsecured, demand loan. The Company’s sole executive officer has unpaid fees in the amount of $15,000 at March 31, 2009. Instruments

~~NOTE~~The 8Company’s –short-term ~~COMMON~~financial ~~STOCK In~~instruments ~~October~~consist of ~~2005,~~cash ~~the~~and ~~Company~~cash ~~issued~~equivalents ~~600,000~~and ~~shares~~accounts ~~for~~payable. ~~the~~The ~~purchase~~carrying amounts of ~~mineral~~these ~~claims~~financial atinstruments aapproximate fair value because of ~~$0.02~~their ~~per~~short-term ~~share~~maturities. On ~~April~~Financial ~~10,~~instruments ~~2006,~~that potentially subject the Company ~~issued~~to ~~320,000~~a ~~shares~~concentration of ~~common~~credit ~~stock~~risk ~~valued~~consist atprincipally ~~$0.05~~of ~~per share for~~ cash. inDuring the ~~amount~~nine ofmonths ~~$16~~ended June 30,~~000. On~~ ~~September~~2009 2,the ~~2006,~~Company ~~management~~did ~~authorized~~not amaintain 5cash ~~for~~deposits 1at ~~forward~~financial ~~split~~institutions in excess of the ~~outstanding~~limit ~~shares~~covered ofby ~~common~~the ~~stock. This~~Federal ~~split~~Deposit ~~has~~Insurance ~~been~~Corporation. The ~~applied~~Company ~~retroactively~~does innot ~~the~~hold or issue financial ~~statements~~instruments asfor iftrading ~~the~~purposes ~~split~~nor ~~had~~does ~~occurred~~it athold ~~inception~~or ofissue ~~the~~interest ~~Company~~rate or leveraged derivative financial instruments.

11Earnings per Share

~~Item~~Basic 2Earnings per Share (“EPS”) is computed by dividing net income available to common stockholders by the weighted average number of common stock shares outstanding during the period. ~~MANAGEMENT~~Diluted EPS is computed by dividing net income available to common stockholders by the weighted-average number of common stock shares outstanding during the period plus potential dilutive instruments such as stock options and warrant. The effect of stock options on diluted EPS is determined through the application of the treasury stock method, whereby proceeds received by the Company based on assumed exercises are hypothetically used to repurchase the Company’Ss ~~DISCUSSION~~common ~~AND~~stock ~~ANALYSIS~~at OFthe ~~FINANCIAL~~average ~~CONDITION~~market ~~AND~~price ~~RESULTS~~during OFthe ~~OPERATIONS~~period. Loss per share is unchanged on a diluted basis since the assumed exercise of common stock equivalents would have an anti-dilutive effect. At June 30 2009 and 2008 the Company did not have any potentially dilutive instruments outstanding.

~~This~~Income Management’s Discussion and Analysis of Financial Condition and Results of Operations and other parts of this quarterly report contain forward-looking statements that involve risks and uncertainties. Forward-looking statements can also be identified by words such as “anticipates,” “expects,” “believes,” “plans,” “predicts,” and similar terms. Forward-looking statements are not guarantees of future performance and our actual results may differ significantly from the results discussed in the forward-looking statements. Factors that might cause such differences include but are not limited to those discussed in the subsection entitled Forward-Looking Statements and Factors That May Affect Future Results and Financial Condition below. The following discussion should be read in conjunction with our financial statements and notes thereto included in this report. Our fiscal year end is September 30. All information presented herein is based on the three and six month periods ended March 31, 2009. Taxes

~~Discussion~~The Company uses the asset and ~~Analysis~~liability method of accounting for income taxes as required by SFAS No. 109 “Accounting for Income Taxes”. SFAS 109 requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the carrying amounts and the tax basis of certain assets and liabilities. Deferred income tax assets and liabilities are computed annually for the difference between the financial statement and tax bases of assets and liabilities that will result in taxable or deductible amounts in the future, based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. Income tax expense is the tax payable or refundable for the period, plus or minus the change during the period in deferred tax assets and liabilities.

~~The~~Deferred ~~Company’s~~income ~~plan~~taxes ofmay ~~operation~~arise ~~for~~from ~~the~~temporary ~~coming~~differences ~~year~~resulting isfrom toincome ~~identify~~ and ~~acquire~~expense oritems ~~develop~~reported afor ~~revenue~~financial ~~producing~~accounting ~~business~~and ~~through~~tax ~~merger~~purposes orin ~~acquisition~~different periods. WeDeferred dotaxes ~~not~~are ~~plan~~classified toas ~~limit~~current ~~our~~or ~~options~~non-current, todepending ~~any~~on ~~particular~~the ~~industry,~~classification ~~but~~of ~~will~~the ~~evaluate~~assets ~~each~~and ~~opportunity~~liabilities onto ~~its~~which ~~merits~~they relate.

WeDeferred ~~have~~taxes ~~not~~arising ~~yet~~from ~~entered~~temporary ~~into~~differences ~~any~~that ~~agreement,~~are ~~nor~~not dorelated weto ~~have~~an ~~any~~asset ~~commitment~~ or ~~understanding~~liability toare ~~enter~~classified ~~into~~as current or ~~become~~non-current ~~engaged~~depending inon ~~any~~the ~~transaction,~~periods asin ofwhich the ~~date~~temporary differences are expected to reverse. The Company had no significant deferred tax items arise during any of ~~this~~the ~~filing~~periods presented.

~~The~~Concentration ~~Company’s plan~~ of ~~operation~~Credit will require $100,000 in funding over the next 12 months which funding is not currently available. Additionally, we will require more than $650,000 to satisfy amounts payable which funding is currently not available. Should we merge with or acquire a suitable business opportunity within the next 12 months our funding requirements will change.Risk

~~Results~~The financial instrument which potentially subjects the Company to concentration of ~~Operations~~credit risk is cash. The Company maintains cash in bank accounts that, at times, may exceed federally insured limits. As of June 30, 2009, the Company has not exceeded the federally insured limit. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant risks on its cash in bank accounts.

During the six month period ended March 31, 2009 our operations were focused on (i) identifying a prospective business opportunity for merger or acquisition, and (ii) satisfying continuous public disclosure requirements.6

~~The~~HIGH ~~Company~~END ~~has~~VENTURES, ~~been funded since inception from public or private debt or equity placements or by major shareholders in the form of loans~~INC. (A ~~All~~Development ofStage ~~the~~Company) NOTES ~~capital~~TO ~~raised~~UNAUDITED toFINANCIAL ~~date~~STATEMENTS June ~~has been allocated for general and administrative costs~~30, ~~exploration expenses, loans and interest expenses.~~2009

WeRecent doAccounting not expect to receive revenues within the next twelve months of operation or ever since we have yet to acquire a business opportunity, which opportunity if acquired may or may not produce revenue. Accordingly, we expect to continue to operate at a loss.Pronouncements

~~Revenues~~The Financial Accounting Standards Board (“FASB”) has issued Statement of Financial Accounting Standards (“SFAS”) No. 163, Accounting for Financial Guarantee Insurance Contracts. SFAS No. 163 clarifies how SFAS No. 60, Accounting and Reporting by Insurance Enterprises, applies to financial guarantee insurance contracts issued by insurance enterprises, and addresses the recognition and measurement of premium revenue and claim liabilities. It requires expanded disclosures about contracts, and recognition of claim liability prior to an event of default when there is evidence that credit deterioration has occurred in an insured financial obligation. It also requires disclosure about (a) the risk-management activities used by an insurance enterprise to evaluate credit deterioration in its insured financial obligations, and (b) the insurance enterprise's surveillance or watch list. The Company is currently evaluating the impact of SFAS No. 163.

~~The~~In ~~Company~~May 2008, ~~has~~the ~~not~~Financial ~~generated~~Accounting ~~revenues~~Standards ~~since~~Board ~~inception~~(“FASB”) issued FASB Staff Position (“FSP”) APB 14-1, “Accounting for Convertible Debt Instruments That May Be Settled in Cash upon Conversion (Including Partial Cash Settlement)” (“FSP APB 14-1”). ~~The~~FSP ~~Company~~APB ~~expects~~14-1 toclarifies ~~incur~~that ~~losses~~convertible ~~through~~debt ~~the~~instruments ~~fiscal~~that ~~year~~may ~~ended~~be ~~2009~~settled ~~and,~~in ~~due~~cash toupon ~~the~~either mandatory ~~nature~~or ofoptional ~~our~~conversion ~~search~~(including ~~for~~partial acash ~~suitable~~settlement) ~~business~~are ~~opportunity~~not ~~for~~addressed ~~development~~by paragraph 12 of APB Opinion No. 14, we“Accounting ~~cannot~~for ~~determine~~Convertible ~~whether~~Debt weand ~~will~~Debt ~~ever~~issued ~~generate~~with ~~revenues~~Stock ~~from~~Purchase ~~operations~~Warrants.”

12Additionally, FSP APB 14-1 specifies that issuers of such instruments should separately account for the liability and equity components in a manner that will reflect the entity’s nonconvertible debt borrowing rate when interest cost is recognized in subsequent periods. FSP APB 14-1 is effective for financial statements issued for fiscal years beginning after December 15, 2008, and interim periods within those fiscal years. We will adopt FSP APB 14-1 beginning in the first quarter of 2009, and this standard must be applied on a retrospective basis. We are evaluating the impact the adoption of FSP APB 14-1 will have on our financial position and results of operations.

~~Net~~In ~~Losses~~May 2008, the FASB issued Statement of Financial Accounting Standards (“SFAS”) No. 162, “The Hierarchy of Generally Accepted Accounting Principles” (“SFAS 162”). This standard is intended to improve financial reporting by identifying a consistent framework, or hierarchy, for selecting accounting principles to be used in preparing financial statements that are presented in conformity with generally accepted accounting principles in the United States for non-governmental entities. SFAS 162 is effective 60 days following approval by the SEC of the Public Company Accounting Oversight Board’s amendments to AU Section 411, “The Meaning of Present Fairly in Conformity with Generally Accepted Accounting Principles.” We do not expect SFAS 162 to have a material impact on the preparation of our financial statements.

~~For~~In April 2008, the ~~period~~FASB ~~from~~issued ~~January~~FSP 19No. 142-3, ~~1999,~~“Determination ~~date~~ of ~~inception, until March 31, 2009,~~ the ~~Company~~Useful ~~incurred~~Life aof ~~net~~Intangible ~~loss~~Assets” of(“FSP ~~$743,136~~142-3”). ~~Net~~FSP ~~losses~~142-3 ~~for~~amends the ~~three~~factors ~~months~~an ~~ended~~entity ~~March~~should ~~31,~~consider ~~2009~~in ~~were~~developing ~~$28,198 as~~renewal ~~compared~~or toextension ~~$45,204~~assumptions ~~for~~used in determining the ~~three~~useful ~~months~~life ~~ended~~of ~~March~~recognized ~~31,~~intangible ~~2008.~~assets ~~Net~~under ~~losses~~FASB ~~for~~Statement ~~the~~No. 142, ~~six~~“Goodwill ~~months~~and ~~ended~~Other ~~March~~Intangible ~~31,~~Assets”. ~~2009~~This ~~were~~new ~~$51,234~~guidance asapplies ~~compared~~prospectively to ~~$109,769~~intangible ~~for~~assets ~~the~~that ~~six~~are ~~months~~acquired ~~ended~~individually ~~March~~or ~~31,~~with ~~2008.~~a ~~The~~group ~~Company’s~~of ~~net~~other ~~losses~~assets ~~are~~in ~~primarily~~business ~~attributable~~combinations ~~to operating expenses~~ and ~~loan~~asset ~~impairment~~acquisitions. ~~Our~~FSP ~~operating expenses~~142-3 ~~include~~is ~~exploration~~effective ~~costs~~for ~~and~~financial ~~general~~statements ~~and~~issued ~~administrative~~for ~~expenses.~~fiscal ~~General~~years and ~~administrative~~interim ~~expenses~~periods ~~include~~beginning ~~professional~~after ~~and consulting fees~~December 15, ~~compensation~~2008. ~~costs,~~Early ~~travel,~~adoption ~~and~~is ~~costs associated with the preparation of disclosure documentation~~prohibited. ~~The~~We ~~decrease~~are incurrently ~~net~~evaluating ~~losses over~~ the ~~comparative~~impact, ~~periods~~if ~~can~~any, bethat ~~attributed~~FSP to142-3 awill ~~decrease~~have inon ~~general~~our ~~and~~financial ~~administrative expenses~~statements.

~~Income~~NOTE ~~Tax~~5 ~~Expense~~- ~~(Benefit)~~LOAN RECEIVABLE

The Company ~~may~~loaned ~~have~~Electrolinks a$254,221, ~~prospective~~including ~~income~~principal ~~tax~~and ~~benefit~~interest ~~resulting~~of ~~from~~$29,901 aas ~~net~~of ~~operating~~June 30, ~~loss~~2009 ~~carryforward~~in ~~and~~anticipation ~~start~~of upacquiring ~~costs~~said entity as a wholly owned subsidiary. The agreement to complete that ~~may~~transaction ~~offset~~has ~~any~~since ~~future~~been ~~operating~~abandoned ~~profit~~and these loans receivable from Electrolinks are now in default.

~~Impact~~Due to the uncertainty associated with the satisfaction of ~~Inflation The~~amounts ~~Company~~owed ~~believes~~by ~~that~~Electrolinks, ~~inflation~~management has ~~had~~decided ato ~~negligible~~impair ~~effect~~the onvalue ~~operations~~of ~~over~~these ~~the~~loans ~~past~~as ~~three~~of ~~years~~June 30, 2009.

~~Capital~~NOTE ~~Expenditures The~~6 ~~Company~~- ~~expended~~MINERAL ~~no amounts on capital expenditures for the period from inception to March 31, 2009.~~CLAIM

~~Liquidity~~The Company entered into an agreement on October 31, 2005 to acquire a 100% interest in a mineral claim located in the Victoria Mining District in British Columbia, Canada. The claim was acquired for $5,000 in cash and ~~Capital~~600,000 ~~Resources~~shares of common stock valued at $12,000. The purchase price of the claim approximated the historical cost basis of

~~The Company is in the development stage and, since inception, has experienced significant changes in liquidity, capital resources, and stockholders’ deficit.~~7

AsHIGH ofEND ~~March 31~~VENTURES, ~~2009, the Company had current and total assets of $4,720 and a working capital deficit of $679,636~~INC. ~~Our assets consist of solely of cash on hand. The Company had current and total liabilities of $684,356, consisting of $276,226 in~~ ~~accounts~~(A ~~payable,~~Development ~~$57,238~~Stage ~~in interest payable, and $350,892 in loans payable. Net stockholders’ deficit in the~~ Company ~~was $679,636 at March 31, 2009.~~) ~~Cash~~NOTES ~~flow~~TO ~~used~~UNAUDITED inFINANCIAL ~~operating activities was $142,951 for the period from inception to March 31, 2009. Cash flow used in operating activities for the six months ended March 31, 2009 was $14,622 as compared to $24,432~~STATEMENTS ~~for~~June ~~the six months ended March 31~~30, ~~2008. Cash flow used in operating activities in the current period can be attributed to net losses.~~2009

~~Cash~~the ~~flow~~previous ~~used~~owner inof ~~investing activities was $254,221 for~~ the ~~period from inception to March 31, 2009~~claim. ~~Cash~~Management ~~flow~~has ~~used~~made ina ~~investing~~determination ~~activities~~that ~~for~~ the ~~six months~~cost ~~ended~~of ~~March 31, 2009 and 2008 was $0. Cash flow provided by financing activities was $401,892 for~~ the ~~period~~mineral ~~from~~claim ~~inception~~will tonot ~~March~~be ~~31,~~recovered ~~2009.~~and ~~Cash~~therefore ~~flow provided by financing activities for~~ the ~~six~~purchase ~~months~~price ~~ended~~of ~~March 31~~$17,000 ~~2009~~ was ~~$13,785~~charged ~~as compared~~ to ~~$25,000 for~~current ~~the~~operations ~~six~~as ~~months~~exploration ~~ended~~costs ~~March 31, 2008. Cash flow provided by financing activities~~ in ~~the current period was due to proceeds from loans payable~~2006.

13NOTE 7 - SHORT TERM LOANS PAYABLE - RELATED PARTY TRANSACTIONS

The Company’s ~~current~~has ~~assets~~borrowed ~~are~~$331,660 ~~insufficient to conduct its intended plan of operation over the next twelve months~~ and it$25,000 ~~will~~from ~~have~~third toparties ~~realize debt or equity financing~~ to ~~fund~~assist ~~its operations. We have no current commitments or arrangements~~ with ~~respect~~working tocapital ~~funding~~needs. ~~or immediate~~The ~~sources~~loan of ~~funding. Further~~$331,660 nooriginated ~~assurances~~from ~~can~~a becompany ~~given~~affiliated ~~that~~with ~~funding~~our ~~would~~current beexecutive ~~available~~officer orand ~~available~~director toand usbears oninterest ~~acceptable~~at ~~terms.~~a ~~Therefore,~~rate ~~our stockholders would be the most likely source~~ of ~~new~~10%. ~~funding~~At inJune 30, ~~the~~2009 ~~form~~interest of ~~loans~~$65,402 orhad ~~equity~~been ~~placements~~accrued ~~though~~on ~~none~~this ~~have~~loan. ~~made~~The ~~any~~loan ~~commitment~~of ~~for~~$25,000 ~~future~~is ~~investment~~an ~~and~~interest wefree, ~~have~~unsecured, nodemand ~~agreement formal or otherwise~~loan. ~~Our~~The ~~inability~~Company’s tosole ~~obtain~~executive ~~funding~~officer ~~would~~has ~~have~~unpaid afees ~~material~~in ~~adverse~~the ~~affect~~amount onof ~~our~~$22,500 ~~plan~~at ofJune 30, ~~operation~~2009.

~~The~~NOTE ~~Company~~8 ~~does~~– ~~not~~COMMON ~~intend to pay cash dividends in the foreseeable future. The Company has no lines of credit or other bank financing arrangements.~~ STOCK

~~The~~In ~~Company~~October of ~~has~~2005, nothe ~~commitments~~Company ~~for~~issued ~~future~~600,000 ~~capital~~shares ~~expenditures.~~for ~~The~~the ~~Company~~purchase ~~has~~of nomineral ~~defined~~claims ~~benefit~~at ~~plan~~a orvalue ~~contractual commitment with any~~ of ~~its~~$0.02 ~~officers~~per ~~or directors~~share.

~~The~~On ~~Company~~April 10, ~~has~~2006, ~~no current plans for~~ the ~~purchase~~Company orissued ~~sale~~320,000 shares of ~~any~~common ~~plant~~stock orvalued ~~equipment~~at $0.05 ~~The~~per ~~Company~~share ~~has~~for nocash ~~current plans to make any changes~~ in the ~~number~~amount of ~~employees~~$16,000.

~~Off~~On ~~Balance~~September 2, ~~Sheet~~2006, ~~Arrangements~~management authorized a 5 for 1 forward split of the outstanding shares of common stock. This split has been applied retroactively in the financial statements as if the split had occurred at inception of the Company.

AsNOTE of9 ~~March~~– ~~31,~~MATERIAL 2009, the Company has no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures, or capital resources that are material to stockholders.AGREEMENT

~~Going~~On ~~Concern~~June 30, 2009 (the “Signing Date”), High End Ventures, Inc. (the “Company”) entered into an Agreement and Plan of Merger (“Agreement and Plan of Merger ”) with Asia America Equity Exchange LLC (“AAEE”), a Delaware limited liability company and Slenda Chan, Member and Manager of AAEE.

~~The~~Pursuant ~~Company’s auditors have noted substantial doubt as~~ to ~~our~~the ~~ability~~Agreement, tothe ~~continue~~Company ~~as a going concern as a result of our dependence on raising capital~~ agreed to ~~sustain~~issue ~~operations, our failure~~ to ~~establish~~AAEE ~~profitable~~members ~~operations~~18, ~~and an accumulated deficit of $691~~000,~~902~~000 atpost ~~September~~reverse ~~30,~~split ~~2008. Such deficit has increased to $743~~shares,~~136~~ asbased ofon ~~March 31, 2009. Our ability to continue as~~ a ~~going~~1 ~~concern~~for ~~requires~~25 ~~that~~reverse westock ~~either~~split ~~realize~~of ~~net~~its ~~income~~common ~~from~~stock ~~operations or obtain funding from outside sources. Management’s plan to address our ability to continue as a going concern includes~~ (~~i) obtaining funding from private placement sources, (ii) obtaining additional funding from~~ the ~~sale of the Company’s securities, (iii~~“Shares”) ~~establishing revenues from prospective business opportunities~~, ~~and~~in ~~(iv)~~exchange ~~obtaining loans and grants from various financial institutions where possible. Although management believes that they will be able to obtain the funding necessary~~ for us100% toof ~~continue as a going concern there can be no assurances that~~ the ~~means~~ownership ~~for~~of ~~maintaining this objective will prove successful~~AAEE.

~~Critical~~The ~~Accounting~~closing ~~Policies~~of the Agreement and Plan of Merger is conditioned, among other things, on the re-negotiation of certain outstanding obligations of the Company including officers and director’s compensation, notes and amounts payable to officers and directors and third party loans outstanding.

InUpon the ~~notes~~closing toof the ~~audited~~Share ~~financial~~Exchange ~~statements~~Agreement, ~~for~~and the ~~year~~delivery ~~ended~~of ~~September~~an ~~30,~~information ~~2008~~statement ~~included~~to inall ~~the~~shareholders ~~Company’s~~of ~~Form 10-K,~~ the Company ~~discusses~~pursuant ~~those accounting policies that are considered~~ to beSEC ~~significant~~Rule 14(c), ~~in determining~~ the ~~results~~designees of ~~operations~~AAEE ~~and~~will ~~its~~be ~~financial~~appointed ~~position.~~as ~~The Company~~a ~~believes~~members ~~that~~of the ~~accounting~~board ~~principles~~of ~~utilized~~directors byof usHigh ~~conform~~End toVentures ~~accounting~~and ~~principles~~Kurt ~~generally~~Dalmata ~~accepted~~will inresign ~~the~~all ~~United~~positions ~~States~~with ofthe ~~America~~Company.

148

~~The~~ITEM ~~preparation of financial statements requires Company management to make significant estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses~~2. By their nature, these judgments are subject to an inherent degree of uncertainty. The Company bases its estimates on historical experience and other facts and circumstances that are believed to be reasonable, and the results form the basis for making judgments about the carrying value of assets and liabilities. The actual results may differ from these estimates under different assumptions or conditions.

~~Forward~~MANAGEMENT’S ~~Looking~~DISCUSSION ~~Statements~~AND ~~and~~ANALYSIS ~~Factors~~OF ~~That~~FINANCIAL ~~May~~CONDITION ~~Affect~~AND ~~Future~~RESULTS ~~Results~~OF ~~and Financial Condition~~OPERATIONS

~~The~~This ~~statements contained in the section titled~~ Management’s Discussion and Analysis of Financial Condition and Results of Operations and ~~elsewhere~~other inparts of this ~~current~~quarterly report, ~~with~~contain ~~the exception~~forward-looking ofstatements ~~historical~~that ~~facts,~~involve ~~are~~risks ~~forward~~and ~~looking statements~~uncertainties. Forward -looking statements ~~reflect~~can ~~our~~also ~~current~~be ~~expectations~~identified ~~and~~by ~~beliefs~~words ~~regarding~~such ~~our~~as ~~future~~“anticipates,” ~~results~~“expects,” of“believes,” ~~operations~~“plans,” ~~performance~~“predicts,” and ~~achievements~~similar terms. ~~These~~Forward-looking statements are ~~subject~~not toguarantees ~~risks~~of ~~and~~future ~~uncertainties~~performance and ~~are~~our ~~based~~actual ~~upon~~results ~~assumptions~~may ~~and~~differ ~~beliefs~~significantly ~~that~~from ~~may~~the orresults ~~may~~discussed ~~not~~in ~~materialize.~~the ~~These~~forward-looking statements. Factors that might cause such differences include, but are not limited to, those discussed in the subsection entitled “Forward-Looking Statements and Factors That May Affect Future Results and Financial Condition” below. The following discussion should be read in conjunction with our financial statements ~~concerning:~~and notes thereto included in this report. Our fiscal year end is September 30. All information presented herein is based on the three and nine month periods ended June 30, 2009.

~~· our anticipated financial performance and business plan;~~Overview

·High End Ventures, Inc. (the ~~sufficiency~~“Company”) was incorporated under the laws of ~~existing~~the ~~capital~~State ~~resources;~~of Colorado on January 19, 1999. The Company was previously engaged in exploration activities designed to identify economically viable deposits of precious metals, which activities were unsuccessful and have since been abandoned. During the final quarter of fiscal 2006 the Company decided to switch its attention to alternative business opportunities.

·On ~~our~~October 23, ~~ability~~2006 the Company executed an agreement to ~~raise~~acquire ~~additional~~The ~~capital~~Electrolinks Corporation (“Electrolinks”), a Toronto, Ontario based development stage-company intent on providing “smart grid” applications for power utilities and buildings designed to ~~fund~~deliver ~~cash~~broadband over power line (BPL) services utilizing any form of existing electrical infrastructure. The parties agreed not to proceed with the agreement on September 18, 2007 and entered into new agreements to implement the intent of the transaction. Nonetheless, the Company’s shareholders could not satisfy corporate quorum requirements on two separate occasions to consider the transaction. As a result of that failure, the agreements for ~~future~~the ~~operations;~~Company to acquire Electrolinks expired on their own terms and conditions.

·The ~~uncertainties~~Company ~~related~~is tocurrently without operations and has recently entered into a merger agreement discussed below which, in the ~~Company’s~~event ~~future~~of the completion of the merger would provide an alternative business ~~prospects;~~opportunity for the Company.

·On June 30, 2009, the ~~ability~~Company entered into an Agreement and Plan of Merger dated June 30, 2009 (the ~~Company~~“Merger Agreement”), with Asia America Equity Exchange, LLC, a Delaware limited liability company (“AAEE”). Pursuant to ~~generate~~the ~~revenues~~terms of the Merger Agreement, the Company shall issue to ~~fund~~the ~~future~~members ~~operations;~~of AAEE such number of shares of common stock that equal approximately 92% of the issued and outstanding shares of Registrant (the “Merger Shares”) at closing of the Merger Agreement. In consideration for the issuance of the Merger Shares, the Company shall receive 100% of the outstanding membership interests of AAEE.

·Upon the ~~volatility~~closing of the ~~stock~~Merger ~~market~~Agreement, the officers and ~~general~~directors ~~economic~~of ~~conditions~~the Company have agreed to resign from serving on the Company's board of directors and as officers of the Company, respectively. AAEE shall appoint Leonardo Riera, Richard Muller, Jia Mao, Yue Zhao and Liang Yu as new directors to serve on the board.

WeIn ~~wish~~addition, tothe ~~caution~~closing ~~readers~~of ~~that~~the ~~our~~Merger ~~operating~~Agreement ~~results~~is ~~are~~ subject to ~~various~~conditions ~~risks~~to ~~and~~closing, ~~uncertainties~~including, ~~that~~but ~~could~~not ~~cause~~limited ~~our~~to, ~~actual~~(1) ~~results~~completion toof ~~differ~~a ~~materially~~reverse ~~from~~split ~~those~~of ~~discussed~~the orCompany’s ~~anticipated,~~issued ~~including~~and ~~the~~outstanding ~~factors~~shares ~~set~~of ~~forth~~common instock, ~~the~~(2) ~~section~~agreements ~~entitled~~with ~~Risk~~the ~~Factors~~Company’s ~~included~~debt ~~elsewhere in~~holders ~~this~~for ~~report.~~conversion Weof ~~also~~all ~~wish~~of tothe ~~advise~~Company’s ~~readers~~outstanding ~~not~~debt tointo ~~place~~common ~~any~~stock ~~undue~~of ~~reliance~~the onCompany, ~~the~~and ~~forward~~(3) ~~looking~~approval ~~statements~~of ~~contained~~the inMerger ~~this~~Agreement ~~report,~~by ~~which~~the ~~reflect~~members ~~our~~of ~~beliefs~~AAEE and ~~expectations~~the ~~only~~shareholders as of the ~~date~~Company. ofThe ~~this~~merger ~~report.~~provides Wethat ~~assume~~the noclosing ~~obligation~~date toshall ~~update~~be oron ~~revise~~such ~~these~~date ~~forward~~as ~~looking~~all ~~statements~~conditions to ~~reflect~~the ~~new~~Merger ~~events~~Agreement have been satisfied or ~~circumstances~~waived, or ~~any~~on ~~changes~~such inother ~~our~~date ~~beliefs~~as oris ~~expectations~~mutually agreed upon by Registrant and AAEE, ~~other~~but ~~than~~in asno ~~required~~event bylater ~~law~~than September 30, 2009.

~~Stock~~AAEE is a limited liability company organized in the State of Delaware on May 28, 2008. AAEE is a development stage company. AAEE’s strategy is to build a comprehensive equity exchange platform and inter-~~Based~~hemisphere ~~Compensation~~business network that will link client members located in the North, South and Central America and Caribbean regions to extensive venture partnerships, asset and equity exchanges and investment opportunities present in the Asian markets. AAEE has been working for the past year on developing such a platform and integrating the flow of information between China and the United States.

We have adopted SFAS No. 123 (revised 2004) (SFAS No. 123R), Share-Based Payment, which addresses the accounting for stock-based payment transactions in which an enterprise receives employee services in exchange for (a) equity instruments of the enterprise or (b) liabilities that are based on the fair value of the enterprise’s equity instruments or that may be settled by the issuance of such equity instruments. In January 2005, the Securities and Exchange Commission (SEC) issued Staff Accounting Bulletin (SAB) No. 107, which provides supplemental implementation guidance for SFAS No. 123R. SFAS No. 123R eliminates the ability to account for stock-based compensation transactions using the intrinsic value method under Accounting Principles Board (APB) Opinion No. 25, Accounting for Stock Issued to Employees, and instead generally requires that such transactions be accounted for using a fair-value-based method. We use the Black-Scholes-Merton (“BSM”) option-pricing model to determine the fair-value of stock-based awards under SFAS No. 123R, consistent with that used for pro forma disclosures under SFAS No. 123, Accounting for Stock-Based Compensation. We have elected the modified prospective transition method as permitted by SFAS No. 123R and accordingly prior periods have not been restated to reflect the impact of SFAS No. 123R. The modified prospective transition method requires that stock-based compensation expense be recorded for all new and unvested stock options, restricted stock, restricted stock units, and employee stock purchase plan shares that are ultimately expected to vest as the requisite service is rendered beginning on January 1, 2006, the first day of our fiscal year 2006. Stock-based compensation expense for awards granted prior to January 1, 2006 were based on the grant date fair-value as determined under the pro forma provisions of SFAS No. 123.9

15AAEE is the “Exclusive Representative for the Americas” of an agency of the Chinese Government, known as the China Beijing Equity Exchange (“CBEX”) pursuant to a Memorandum of Understanding with CBEX. Based in Beijing, the capital city of China, CBEX is the largest of four Equity Exchanges in China, and serves as a conduit to over one hundred fifty of the largest Chinese State Owned Enterprises (SOE), and more than 4,000 active institutional investors. The equity exchanges were originally established in China with the purpose of facilitating the transparent privatization of assets owned by the State and held in companies designated as SOEs.

~~Prior~~CBEX tohas ~~the~~recently ~~adoption~~formalized ofa ~~SFAS~~decision Noto ~~123R,~~extend weits ~~measured~~reach ~~compensation~~by ~~expense~~making ~~for~~available ~~our~~to ~~employee~~foreign ~~stock-based~~investors ~~compensation~~its ~~plans~~extensive ~~using~~experience ~~the~~and ~~intrinsic~~equity ~~value~~exchange ~~method~~platform ~~prescribed~~and byto ~~APB~~provide ~~Opinion~~for ~~No.~~its ~~25.~~members Wean ~~applied~~essential ~~the~~link ~~disclosure~~to ~~provisions~~international ofinvestment ~~SFAS~~and ~~No. 123~~foreign astrade ~~amended by SFAS No~~opportunities. ~~148,~~AAEE ~~Accounting~~believes ~~for~~it ~~Stock-Based~~is ~~Compensation~~uniquely –positioned ~~Transition~~to ~~and~~participate ~~Disclosure, as if the fair-value-based method had been applied~~ in ~~measuring compensation expense. Under APB Opinion No. 25, when~~ the ~~exercise~~flow ~~price~~ of ~~our~~transactions ~~employee~~expected ~~stock options was equal~~ to ~~the~~occur ~~market~~as ~~price~~part of the ~~underlying~~globalization, ~~stock~~integration, onand ~~the~~diversification ~~date~~process ofto ~~the~~be ~~grant,~~conducted noby ~~compensation~~major ~~expense~~Chinese ~~was recognized~~entities.

WeA ~~account~~copy ~~for equity instruments issued in exchange for the receipt~~ of ~~goods or services from other than employees in accordance with SFAS No. 123 and~~ the ~~conclusions~~Merger ~~reached~~Agreement byis ~~the~~filed ~~Emerging~~as ~~Issues~~an ~~Task~~Exhibit to ~~Force~~this ~~(“EITF”) in Issue No~~report. ~~96-18.~~The ~~Costs~~description ~~are~~of ~~measured at~~ the ~~estimated fair~~transactions ~~market~~contemplated ~~value~~by of the ~~consideration~~Merger ~~received~~Agreement orset ~~the~~forth ~~estimated~~herein ~~fair~~does ~~value~~not ofpurport ~~the~~to ~~equity~~be ~~instruments~~complete ~~issued,~~and ~~whichever~~ is ~~more~~qualified ~~reliably~~in ~~measurable.~~its ~~The~~entirety ~~value~~by ofreference ~~equity~~to ~~instruments issued for consideration other than employee services is determined on~~ the ~~earliest~~full oftext ~~a performance commitment or completion~~ of ~~performance by~~ the ~~provider~~exhibit offiled ~~goods~~herewith orand ~~services~~incorporated ~~as defined~~ by ~~EITF~~this ~~96-18~~reference.

~~Recent~~The ~~Accounting~~Company’s ~~Pronouncements~~plan of operation assuming the closing of the merger, will require $3,000,000 in funding over the next 12 months which funding is not currently available. Additionally, we will require more than $250,000 to satisfy amounts payable which funding is currently not available. The required funds are needed for salaries for officers and employees that may be hired together with working capital for travel, offices and expenses anticipated as being needed to begin the execution of the new business plan.

~~The~~Results ~~Financial Accounting Standards Board (“FASB”) has issued Statement~~ of Financial Accounting Standards (“SFAS”) No. 163, Accounting for Financial Guarantee Insurance Contracts. SFAS No. 163 clarifies how SFAS No. 60, Accounting and Reporting by Insurance Enterprises, applies to financial guarantee insurance contracts issued by insurance enterprises, and addresses the recognition and measurement of premium revenue and claim liabilities. It requires expanded disclosures about contracts, and recognition of claim liability prior to an event of default when there is evidence that credit deterioration has occurred in an insured financial obligation. It also requires disclosure about (a) the risk-management activities used by an insurance enterprise to evaluate credit deterioration in its insured financial obligations, and (b) the insurance enterprise's surveillance or watch list. The Company is currently evaluating the impact of SFAS No. 163. Operations

InDuring ~~May 2008,~~the ~~FASB~~nine ~~issued~~month ~~FASB~~period ~~Staff~~ended ~~Position (“FSP”) APB 14-1~~June 30, ~~“Accounting~~2009 ~~for~~our ~~Convertible~~operations ~~Debt~~were ~~Instruments~~focused ~~That~~on ~~May Be Settled in Cash upon Conversion~~ (~~Including Partial Cash Settlement~~i)” ~~(“FSP~~identifying APB 14-1”). FSP APB 14-1 clarifies that convertible debt instruments that may be settled in cash upon either mandatory or optional conversion (including partial cash settlement) are not addressed by paragraph 12 of APB Opinion No. 14, “Accounting for Convertible Debt and Debt issued with Stock Purchase Warrants.” Additionally, FSP APB 14-1 specifies that issuers of such instruments should separately account for the liability and equity components in a ~~manner~~prospective ~~that~~business ~~will~~opportunity ~~reflect the entity’s nonconvertible debt borrowing rate when interest cost is recognized in subsequent periods. FSP APB 14-1 is effective~~ for ~~financial~~merger ~~statements~~or ~~issued for fiscal years beginning after December 15~~acquisition, ~~2008,~~ and ~~interim~~(ii) ~~periods~~satisfying ~~within~~continuous ~~those~~public ~~fiscal~~disclosure ~~years~~requirements. We will adopt FSP APB 14-1 beginning in the first quarter of 2009, and this standard must be applied on a retrospective basis. We are evaluating the impact the adoption of FSP APB 14-1 will have on our financial position and results of operations.

~~On May 8, 2008, FASB issued SFAS No. 162,~~ The ~~Hierarchy~~Company ofhas ~~Generally~~been ~~Accepted~~funded ~~Accounting~~since ~~Principles,~~inception ~~which~~from ~~will~~public ~~provide~~or ~~framework~~private ~~for~~debt ~~selecting~~or ~~accounting~~equity ~~principles~~placements toor beby ~~used~~major inshareholders ~~preparing financial statements that are presented~~ in ~~conformity with U.S. generally accepted accounting principles (GAAP) for nongovernmental entities. With~~ the ~~issuance~~form of ~~SFAS No~~loans. ~~162,~~All of the ~~GAAP~~capital ~~hierarchy~~raised ~~for nongovernmental entities will move from auditing literature~~ to ~~accounting~~date ~~literature.~~has Webeen doallocated ~~not~~for ~~expect~~general ~~SFAS~~and ~~162~~administrative tocosts, ~~have~~exploration aexpenses, ~~material~~loans ~~impact~~and oninterest ~~the preparation of our financial statements~~expenses.

16We do not expect to receive revenues within the next six months of operation assuming the closing with Asia America and no revenues for the next 12 months if we do not complete the merger. Accordingly, we expect to continue to operate at a loss for the near term.

In April 2008, the FASB issued FSP No. 142-3, “Determination of the Useful Life of Intangible Assets” (“FSP 142-3”). FSP 142-3 amends the factors an entity should consider in developing renewal or extension assumptions used in determining the useful life of recognized intangible assets under FASB Statement No. 142, “Goodwill and Other Intangible Assets”. This new guidance applies prospectively to intangible assets that are acquired individually or with a group of other assets in business combinations and asset acquisitions. FSP 142-3 is effective for financial statements issued for fiscal years and interim periods beginning after December 15, 2008. Early adoption is prohibited. We are currently evaluating the impact, if any, that FSP 142-3 will have on our financial statements.Revenues

~~ITEM~~The 3Company has not generated revenues since inception. ~~QUANTITATIVE~~The ~~AND~~Company ~~QUALITATIVE~~expects ~~DISCLOSURES~~to ~~ABOUT~~incur ~~MARKET~~losses ~~RISK~~through the fiscal year ended 2009 and, due to the nature of our search for a suitable business opportunity for development and conditions to closing the Merger Agreement, we cannot determine whether we will ever generate revenues from operations.

~~Not~~Net ~~required.~~Losses

~~ITEM~~For 4Tthe period from January 19, 1999, date of inception, until June 30, 2009, the Company incurred a net loss of $743,136. ~~CONTROLS~~Net ~~AND~~losses ~~PROCEDURES~~for the three months ended June 30, 2009 were $28,198 as compared to $45,204 for the three months ended June 30, 2008. Net losses for the six months ended June 30, 2009 were $51,234 as compared to $109,769 for the six months ended June 30, 2008. The Company’s net losses are primarily attributable to operating expenses and loan impairment. Our operating expenses include exploration costs and general and administrative expenses. General and administrative expenses include professional and consulting fees, compensation costs, travel, and costs associated with the preparation of disclosure documentation. The decrease in net losses over the comparative periods can be attributed to a decrease in general and administrative expenses.

~~Evaluation~~Income ofTax ~~Disclosure~~Expense ~~Controls and Procedures~~(Benefit)

InThe ~~connection with the preparation of this report on Form 10-Q, an evaluation was carried out by the~~ Company’s ~~management,~~may ~~with~~have ~~the~~a ~~participation~~prospective ofincome ~~the~~tax ~~chief~~benefit ~~executive~~resulting ~~officer~~from ~~and~~a ~~the~~net ~~chief~~operating ~~financial~~loss ~~officer,~~carry offorward ~~the effectiveness of the Company’s disclosure controls~~ and ~~procedures~~start ~~(as~~up ~~defined~~costs ~~in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934 (“Exchange Act”)). Disclosure controls and procedures are designed to ensure~~ that ~~information~~may ~~required~~offset toany befuture ~~disclosed~~operating in reports filed or submitted under the Exchange Act is recorded, processed, summarized, and reported within the time periods specified in the Commission’s rules and forms and that such information is accumulated and communicated to management, including the chief executive officer and the chief financial officer, to allow timely decisions regarding required disclosuresprofit.

Based on that evaluation, the Company’s management concluded, as of the end of the period covered by this report, that the Company’s disclosure controls and procedures were ineffective in recording, processing, summarizing, and reporting information required to be disclosed, within the time periods specified in the Commission’s rules and forms, and that such information was accumulated and communicated to management, including the chief executive officer and the chief financial officer, to allow timely decisions regarding required disclosures.10

~~Changes~~Impact inof ~~Internal Control over Financial Reporting~~Inflation

~~There~~The ~~have~~Company ~~been~~believes nothat ~~changes~~inflation inhas ~~internal~~had ~~control~~a ~~over~~negligible ~~financial~~effect ~~reporting~~on ~~(as~~operations ~~defined~~over ~~in Rule 13a-15(f) of~~ the ~~Exchange~~past ~~Act)~~three ~~during the period ended March 31, 2009, that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting~~years.

~~PART~~Capital ~~II – OTHER INFORMATION~~Expenditures

~~ITEM~~The 1.Company ~~LEGAL~~expended ~~PROCEEDINGS~~no amounts on capital expenditures for the period from inception to June 30, 2009.

~~The~~Liquidity ~~Company~~and isCapital ~~currently not a party to any pending legal proceeding.~~Resources

17The Company is in the development stage and, since inception, has experienced significant changes in liquidity, capital resources, and stockholders’ deficit.

~~ITEM~~As 1Aof June 30, 2009, the Company had current and total assets of $4,720 and a working capital deficit of $679,636. ~~RISK~~Our ~~FACTORS~~assets consist of solely of cash on hand. The Company had current and total liabilities of $684,356, consisting of $276,226 in accounts payable, $57,238 in interest payable, and $350,892 in loans payable. Net stockholders’ deficit in the Company was $679,636 at June 30, 2009.

~~The~~Cash ~~Company’s~~flow ~~operations~~used ~~and~~in ~~securities~~operating ~~are~~activities ~~subject~~was to$142,951 afor ~~number~~the ofperiod ~~risks.~~from ~~Below~~inception weto ~~have~~June 30, ~~identified~~2009. ~~and~~Cash ~~discussed~~flow ~~the~~used ~~material~~in ~~risks~~operating ~~that~~activities wefor ~~are~~the ~~likely~~nine tomonths ~~face.~~ended ~~Should~~June 30, ~~any~~2009 ofwas ~~the~~$14,622 ~~following~~as ~~risks~~compared ~~occur~~to $24,432 ~~they~~for ~~will~~the ~~adversely~~six ~~affect~~months ~~our~~ended ~~operations~~June 30, ~~business,~~2008. ~~financial~~Cash ~~condition~~flow ~~and/or~~used in operating ~~results~~activities asin ~~well as~~ the ~~future~~current ~~trading~~period ~~price~~can ~~and/or~~be ~~the~~attributed ~~value~~to ofnet ~~our securities~~losses.

~~Risks~~Cash ~~Related~~flow used in investing activities was $254,221 for the period from inception to June 30, 2009. Cash flow used in investing activities for the ~~Company’s~~nine ~~Business~~months ended June 30, 2009 and 2008 was $0.

WeCash ~~have~~flow aprovided ~~history~~by offinancing ~~significant~~activities ~~operating~~was ~~losses~~$401,892 ~~and~~for ~~such~~the ~~losses~~period ~~may~~from ~~continue~~inception into June 30, 2009. Cash flow provided by financing activities for the ~~future~~nine months ended June 30, 2009 was $13,785 as compared to $25,000 for the six months ended June 30, 2008. Cash flow provided by financing activities in the current period was due to proceeds from loans payable.

The Company’s ~~has~~current ~~never~~assets ~~realized~~are ~~revenue~~insufficient ~~from~~to ~~operations,~~conduct ~~resulting~~its inintended ~~continuing~~plan ~~losses~~of operation over the next twelve months and anit ~~accumulated~~will ~~deficit~~have ofto ~~$743,136~~realize atdebt ~~March~~or ~~31,~~equity ~~2009~~financing to fund its operations. ~~During~~We ~~the~~have ~~three~~no ~~months~~current ~~ended~~commitments ~~March 31,~~or ~~2009,~~arrangements wewith ~~recorded~~respect ato ~~net~~funding ~~loss~~or immediate sources of ~~$28,198~~funding. WeFurther, ~~will~~no ~~continue~~assurances tocan ~~incur~~be ~~operating~~given ~~losses~~that asfunding wewould ~~maintain~~be ~~our~~available ~~search~~or ~~for~~available ato ~~suitable~~us ~~business~~on ~~opportunity~~acceptable ~~and~~terms. ~~satisfy~~Therefore, our ~~ongoing~~stockholders ~~disclosure~~would ~~requirements~~be ~~with~~the most likely source of new funding in the ~~Securities~~form of loans or equity placements though none have made any commitment for future investment and ~~Exchange~~we ~~Commission~~have ~~(“Commission”)~~no agreement formal or otherwise. ~~Such~~Our ~~continuing~~inability ~~losses~~to ~~could~~obtain ~~result~~funding inwould have a ~~decrease~~material inadverse ~~share~~affect ~~value~~on our plan of operation.

The Company’s ~~limited~~does ~~financial~~not ~~resources~~intend ~~cast~~to ~~severe~~pay ~~doubt~~cash ondividends ~~our~~in ~~ability~~the foreseeable future. The Company has no lines of credit or other bank financing arrangements. The Company has no commitments for future capital expenditures. The Company has no defined benefit plan or contractual commitment with any of its officers or directors. The Company has no current plans for the purchase or sale of any plant or equipment. The Company has no current plans to ~~acquire~~make aany ~~profitable~~changes ~~business~~in ~~opportunity~~the number of employees.

~~The~~Off ~~Company’s~~Balance ~~future~~Sheet operation is dependent upon the acquisition of a profitable business opportunity. However, the prospect of such an acquisition is doubtful due to the Company’s limited financial resources. Since we have no current business opportunity, the Company is not in a position to improve this financial condition through debt or equity offerings. Therefore, this limitation may act as a deterrent in future negotiations with prospective acquisition candidates. Should we be unable to acquire a profitable business opportunity the Company will, in all likelihood, be forced to cease operations. Arrangements

~~Risks~~As ~~Related~~of toJune 30, 2009, the Company’s ~~Stock~~has no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures, or capital resources that are material to stockholders.

~~The~~Going ~~market for our stock is limited and our stock price may be volatile.~~ Concern

The ~~market~~Company’s ~~for~~auditors have noted substantial doubt as to our ~~common~~ability ~~stock~~to ~~has~~continue ~~been~~as ~~limited~~a ~~due~~going concern as a result of our dependence on raising capital to ~~low~~sustain ~~trading~~operations, ~~volume~~our failure to establish profitable operations, and ~~the~~an ~~small~~accumulated ~~number~~deficit of ~~brokerage~~$691,902 ~~firms~~at ~~acting~~September 30, 2008. Such deficit has increased to $743,136 as ~~market~~of ~~makers~~June 30, 2009. ~~Because~~Our ofability ~~the~~to ~~limitations~~continue ofas ~~our~~a ~~market~~going ~~and~~concern ~~volatility~~requires ofthat ~~the~~we ~~market~~either ~~price~~realize ofnet ~~our~~income ~~stock,~~from ~~investors~~operations ~~may~~or ~~face~~obtain ~~difficulties~~funding infrom ~~selling~~outside ~~shares~~sources. atManagement’s ~~attractive~~plan ~~prices~~to ~~when~~address ~~they~~our ~~want~~ability to. ~~The~~continue ~~average~~as ~~daily~~a ~~trading~~going ~~volume~~concern ~~for~~includes ~~our~~(i) ~~stock~~obtaining ~~has~~funding ~~varied~~from ~~significantly~~private placement sources, (ii) obtaining additional funding from ~~week~~the tosale ~~week~~of ~~and~~the Company’s securities, (iii) establishing revenues from ~~month~~prospective tobusiness ~~month~~opportunities, and ~~the~~(iv) ~~trading~~obtaining ~~volume~~loans ~~often~~and ~~varies~~grants ~~widely~~ from ~~day~~various ~~to day~~financial institutions where possible. Although management believes that they will be able to obtain

~~The Company does not pay cash dividends.~~11

~~The~~the ~~Company~~funding ~~does~~necessary ~~not~~for ~~pay~~us ~~cash~~to ~~dividends.~~continue Weas ~~have~~a ~~not~~going ~~paid~~concern ~~any~~there ~~cash~~can ~~dividends~~be ~~since inception and have~~ no ~~intention~~assurances ofthat ~~paying any cash dividends in~~ the ~~foreseeable~~means ~~future.~~for ~~Any~~maintaining ~~future~~this ~~dividends~~objective ~~would~~will beprove at the discretion of our board of directors and would depend on, among other things, future earnings, our operating and financial condition, our capital requirements, and general business conditionssuccessful. ~~Therefore, shareholders should not expect any type of cash flow from their investment.~~

18Critical Accounting Policies

WeIn ~~incur significant expenses as a result of~~ the ~~Sarbanes-Oxley~~notes ~~Act of 2002, which expenses may continue~~ to ~~negatively~~the ~~impact~~audited ~~our~~ financial ~~performance. We~~ ~~incur~~statements ~~significant~~for ~~legal, accounting and other expenses as a result of~~ the ~~Sarbanes-Oxley~~year ~~Act~~ended ~~of 2002~~September 30, as2008 ~~well~~included asin ~~related rules implemented by~~ the ~~Commission~~Company’s Form 10-K, ~~which control~~ the ~~corporate~~Company ~~governance~~discusses ~~practices~~those ofaccounting ~~public~~policies ~~companies.~~that ~~Compliance~~are ~~with~~considered ~~these~~to ~~laws,~~be ~~rules~~significant ~~and~~in ~~regulations,~~determining ~~including compliance with Section 404 of~~ the ~~Sarbanes-Oxley~~results ~~Act~~ of ~~2002,~~operations asand ~~discussed~~its infinancial ~~the~~position. ~~following~~The ~~risk~~Company ~~factor,~~believes ~~has~~that ~~substantially increased~~the ~~our expenses, including legal and~~ accounting ~~costs,~~principles ~~and~~utilized ~~made~~by ~~some~~us ~~activities~~conform ~~more time-consuming and costly. Further, expenses related~~ to ~~our~~accounting ~~compliance~~principles ~~may~~generally ~~increase~~accepted in the ~~future,~~United asStates ~~legislation affecting smaller reporting companies comes into effect that may negatively impact our financial performance to the point~~ of ~~having a material adverse effect on our results of operations and financial condition~~America.

~~Our~~The ~~internal~~preparation ~~controls~~of ~~over~~ financial ~~reporting~~statements ~~may~~requires ~~not~~Company bemanagement ~~considered~~to ~~effective~~make insignificant estimates and judgments that affect the ~~future~~reported amounts of assets, ~~which~~liabilities, ~~could~~revenues ~~result~~and inexpenses. aBy ~~loss~~their nature, these judgments are subject to an inherent degree of ~~investor~~uncertainty. ~~confidence~~The inCompany ~~our~~bases ~~financial~~its ~~reports~~estimates on historical experience and inother ~~turn~~facts ~~have~~and ancircumstances ~~adverse~~that ~~effect~~are onbelieved ~~our~~to ~~stock price~~be reasonable, and the results form the basis for making judgments about the carrying value of assets and liabilities. The actual results may differ from these estimates under different assumptions or conditions.

~~Pursuant~~Forward toLooking ~~Section~~Statements ~~404~~and ofFactors ~~the~~That ~~Sarbanes-Oxley~~May Affect ~~Act~~Future ofResults 2002 we are required to furnish a report by our management on our internal controls over financial reporting. Such report must contain, among other matters, an assessment of the effectiveness of our internal controls over financial reporting as of the end of the year, including a statement as to whether or not our internal controls over financial reporting are effective. This assessment must include disclosure of any material weaknesses in our internal controls over financial reporting identified by management. If we are unable to continue to assert that our internal controls are effective, our investors could lose confidence in the accuracy and ~~completeness~~Financial ~~of our financial reports, which in turn could cause our stock price to decline.~~Condition

The ~~Company~~statements contained in the section titled Management’s ~~shareholders~~Discussion ~~may~~and ~~face~~Analysis ~~significant~~of ~~restrictions~~Financial onCondition ~~their~~and ~~stock~~Results of Operations and elsewhere in this current report, with the exception of historical facts, are forward looking statements. Forward looking statements reflect our current expectations and beliefs regarding our future results of operations, performance, and achievements. These statements are subject to risks and uncertainties and are based upon assumptions and beliefs that may or may not materialize. These statements include, but are not limited to, statements concerning:

The Company’s stock differs from many stocks in that it is a “penny stock.” The Commission has adopted a number of rules to regulate “penny stocks” including, but not limited to, those rules from the Securities Act as follows: ·

~~3a51-1 which~~our ~~defines~~anticipated ~~penny~~financial ~~stock~~performance ~~as, generally speaking, those securities which are not listed on either NASDAQ or a national securities exchange~~ and ~~are~~business priced under $5, excluding securities of issuers that have net tangible assets greater than $2 million if they have been in operation at least three years, greater than $5 million if in operation less than three years, or average revenue of at least $6 million for the last three yearsplan;

~~15g-1 which outlines transactions by broker/dealers which are exempt from 15g-2 through 15g-6 as those whose commissions from traders are lower than 5% total commissions;~~·

~~15g-2 which~~the ~~details~~sufficiency ~~that brokers must disclose risks~~ of ~~penny~~our ~~stock~~capital ~~on Schedule 15G~~resources;

~~15g-3 which details that broker/dealers must disclose quotes and other information relating to the penny stock market;~~·

~~15g-4 which~~our ~~explains~~ability ~~that~~to ~~compensation~~raise ofcapital ~~broker/dealers~~to ~~must~~fund becash ~~disclosed~~requirements for future operations;

~~15g-5 which explains that compensation of persons associated in connection with penny stock sales must be disclosed;~~·

~~15g-6 which~~uncertainty ~~outlines~~related ~~that~~to ~~broker/dealers~~the ~~must~~Company’s ~~send~~future ~~out~~business ~~monthly account statements~~projects; ~~and~~

~~15g-9 which defines sales practice requirements.~~ ·

19the ability of the Company to generate revenues to fund future operations; and

Since the Company’s securities constitute a “penny stock” within the meaning of the rules, the rules would apply to us and our securities. Because these rules provide regulatory burdens upon broker-dealers, they may affect the ability of shareholders to sell their securities in any market that may develop; the rules themselves may limit the market for penny stocks. Additionally, the market among dealers may not be active. Investors in penny stock often are unable to sell stock back to the dealer that sold them the stock. The mark-ups or commissions charged by the broker-dealers may be greater than any profit a seller may make. Because of large dealer spreads, investors may be unable to sell the stock immediately back to the dealer at the same price the dealer sold the stock to the investor. In some cases, the stock may fall quickly in value. Investors may be unable to reap any profit from any sale of the stock, if they can sell it at all. ·

~~Shareholders~~the ~~should~~volatility beof ~~aware that, according to Commission Release No. 34-29093 dated April 17, 1991,~~ the stock market ~~for penny stocks has suffered from patterns of fraud~~ and ~~abuse.~~general ~~These~~economic ~~patterns include:~~ conditions.

·We ~~control~~wish ofto caution readers that our operating results are subject to various risks and uncertainties that could cause our actual results to differ materially from those discussed or anticipated, including the ~~market~~factors ~~for~~set forth in the ~~security~~section byentitled ~~one~~Risk orFactors aincluded ~~few~~elsewhere ~~broker-dealers~~in ~~that~~this ~~are~~report. ~~often~~We ~~related~~also wish to advise readers not to place any undue reliance on the ~~promoter~~forward looking statements contained in this report, which reflect our beliefs and expectations only as of the date of this report. We assume no obligation to update or ~~issuer;~~revise these forward looking statements to reflect new events or circumstances or any changes in our beliefs or expectations, other than as required by law.

·Stock ~~manipulation~~-Based ~~of prices through prearranged matching of purchases and sales and false and misleading press releases;~~Compensation

·We ~~“boiler~~have ~~room”~~adopted ~~practices~~SFAS ~~involving~~No. 123 ~~high~~(revised ~~pressure~~2004) ~~sales~~(SFAS ~~tactics~~No. 123R), Share -Based Payment, which addresses the accounting for stock-based payment transactions in which an enterprise receives employee services in exchange for (a) equity instruments of the enterprise or (b) liabilities that are based on the fair value of the enterprise’s equity instruments or that may be settled by the issuance of such equity instruments. In January 2005, the Securities and ~~unrealistic~~Exchange ~~price~~Commission ~~projections~~(SEC) issued Staff Accounting Bulletin (SAB) No. 107, which provides supplemental implementation guidance for SFAS No. 123R. SFAS No. 123R eliminates the ability to account for stock-based compensation transactions using the intrinsic value method under Accounting Principles Board (APB) Opinion No. 25, Accounting for Stock Issued to Employees, and instead generally requires that such transactions be accounted for using a fair-value-based method. We use the Black-Scholes-Merton (“BSM”) option-pricing model to determine the fair-value of stock-based awards under SFAS No. 123R, consistent with that used for pro forma disclosures under SFAS No. 123, Accounting for Stock -Based Compensation. We have elected the modified prospective transition method as permitted by ~~inexperienced~~SFAS ~~sales~~No. 123R ~~persons;~~and accordingly prior periods have not been restated to reflect the impact of SFAS No. 123R. The modified prospective transition method requires that stock-based compensation expense be recorded for all new and unvested stock options, restricted stock, restricted stock units, and employee stock purchase plan shares that are ultimately expected to vest as the requisite service is rendered beginning on January 1, 2006, the first day of our fiscal year 2006. Stock -based compensation expense for awards

~~· excessive and undisclosed bid-ask differentials and markups by selling broker-dealers; and~~12

·granted ~~the~~prior ~~wholesale~~to ~~dumping~~January 1, of2006 ~~the~~were ~~same~~based ~~securities~~on bythe ~~promoters~~grant ~~and~~date ~~broker~~fair-~~dealers~~value ~~after~~as ~~prices~~determined ~~have~~under ~~been manipulated to a desired level, along with~~ the ~~inevitable~~pro ~~collapse~~forma provisions of ~~those~~SFAS ~~prices with consequent investor losses~~No. 123.

~~ITEM~~Prior 2to the adoption of SFAS No 123R, we measured compensation expense for our employee stock-based compensation plans using the intrinsic value method prescribed by APB Opinion No. 25. ~~UNREGISTERED~~We ~~SALES~~applied OFthe ~~EQUITY~~disclosure ~~SECURITIES~~provisions ~~AND~~of ~~USE~~SFAS OFNo. 123 ~~PROCEEDS~~as amended by SFAS No. 148, Accounting for Stock -Based Compensation - Transition and Disclosure, as if the fair-value-based method had been applied in measuring compensation expense. Under APB Opinion No. 25, when the exercise price of our employee stock options was equal to the market price of the underlying stock on the date of the grant, no compensation expense was recognized.

~~None~~We account for equity instruments issued in exchange for the receipt of goods or services from other than employees in accordance with SFAS No. 123 and the conclusions reached by the Emerging Issues Task Force (“EITF”) in Issue No. 96-18. Costs are measured at the estimated fair market value of the consideration received or the estimated fair value of the equity instruments issued, whichever is more reliably measurable. The value of equity instruments issued for consideration other than employee services is determined on the earliest of a performance commitment or completion of performance by the provider of goods or services as defined by EITF 96-18.

~~ITEM~~Recent 3.Accounting ~~DEFAULTS ON SENIOR SECURITIES~~Pronouncements

~~None~~The Financial Accounting Standards Board (“FASB”) has issued Statement of Financial Accounting Standards (“SFAS”) No. 163, Accounting for Financial Guarantee Insurance Contracts. SFAS No. 163 clarifies how SFAS No. 60, Accounting and Reporting by Insurance Enterprises, applies to financial guarantee insurance contracts issued by insurance enterprises, and addresses the recognition and measurement of premium revenue and claim liabilities. It requires expanded disclosures about contracts, and recognition of claim liability prior to an event of default when there is evidence that credit deterioration has occurred in an insured financial obligation. It also requires disclosure about (a) the risk-management activities used by an insurance enterprise to evaluate credit deterioration in its insured financial obligations, and (b) the insurance enterprise's surveillance or watch list. The Company is currently evaluating the impact of SFAS No. 163.

~~ITEM~~In 4May 2008, FASB issued FASB Staff Position (“FSP”) APB 14-1, “Accounting for Convertible Debt Instruments That May Be Settled in Cash upon Conversion (Including Partial Cash Settlement)” (“FSP APB 14-1”). ~~SUBMISSION~~FSP OFAPB ~~MATTERS~~14-1 TOclarifies Athat ~~VOTE~~convertible OFdebt ~~SECURITY~~instruments ~~HOLDERS~~that may be settled in cash upon either mandatory or optional conversion (including partial cash settlement) are not addressed by paragraph 12 of APB Opinion No. 14, “Accounting for Convertible Debt and Debt issued with Stock Purchase Warrants.” Additionally, FSP APB 14-1 specifies that issuers of such instruments should separately account for the liability and equity components in a manner that will reflect the entity’s nonconvertible debt borrowing rate when interest cost is recognized in subsequent periods. FSP APB 14-1 is effective for financial statements issued for fiscal years beginning after December 15, 2008, and interim periods within those fiscal years. We will adopt FSP APB 14-1 beginning in the first quarter of 2009, and this standard must be applied on a retrospective basis. We are evaluating the impact the adoption of FSP APB 14-1 will have on our financial position and results of operations.

~~None~~On May 8, 2008, FASB issued SFAS No. 162, The Hierarchy of Generally Accepted Accounting Principles, which will provide framework for selecting accounting principles to be used in preparing financial statements that are presented in conformity with U.S. generally accepted accounting principles(GAAP) for nongovernmental entities. With the issuance of SFAS No. 162, the GAAP hierarchy for nongovernmental entities will move from auditing literature to accounting literature. We do not expect SFAS 162 to have a material impact on the preparation of our financial statements.

~~ITEM~~In 5April 2008, the FASB issued FSP No. 142-3, ~~OTHER~~“Determination ~~INFORMATION~~of the Useful Life of Intangible Assets” (“FSP 142-3”). FSP 142-3 amends the factors an entity should consider in developing renewal or extension assumptions used in determining the useful life of recognized intangible assets under FASB Statement No. 142, “Goodwill and Other Intangible Assets”. This new guidance applies prospectively to intangible assets that are acquired individually or with a group of other assets in business combinations and asset acquisitions. FSP 142-3 is effective for financial statements issued for fiscal years and interim periods beginning after December 15, 2008. Early adoption is prohibited. We are currently evaluating the impact, if any, that FSP 142-3 will have on our financial statements.

~~None~~ITEM 3.

~~ITEM~~QUANTITATIVE 6.AND ~~EXHIBITS~~QUALITATIVE DISCLOSURES ABOUT MARKET RISK

~~Exhibits~~Not required ~~to be attached by Item 601 of Regulation S-K are listed in the Index to Exhibits on page 22 of this Form 10-Q, and are incorporated herein by this reference~~.

2013

~~SIGNATURES~~ITEM 4T.

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

~~High~~Evaluation ~~End~~of ~~Ventures, Inc. Date~~Disclosure Controls and Procedures

/In connection with the preparation of this report on Form 10-Q, an evaluation was carried out by the Company’s/ ~~Kurt~~management, ~~Dalmata June~~with 19the participation of the chief executive officer and the chief financial officer, ~~2009~~of the effectiveness of the Company’s disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934 (“Exchange Act”)). Disclosure controls and procedures are designed to ensure that information required to be disclosed in reports filed or submitted under the Exchange Act is recorded, processed, summarized, and reported within the time periods specified in the Commission’s rules and forms and that such information is accumulated and communicated to management, including the chief executive officer and the chief financial officer, to allow timely decisions regarding required disclosures. Based on that evaluation, the Company’s management concluded, as of the end of the period covered by this report, that the Company’s disclosure controls and procedures were ineffective in recording, processing, summarizing, and reporting information required to be disclosed, within the time periods specified in the Commission’s rules and forms, and that such information was accumulated and communicated to management, including the chief executive officer and the chief financial officer, to allow timely decisions regarding required disclosures. The Company has failed to timely file certain reports on Form 8-K disclosing (1) entry into a material definitive agreement and (2) appointment of a new director..

~~Kurt~~Changes ~~Dalmata~~in Internal Control over Financial Reporting

~~Chief~~There ~~Executive~~have ~~Officer~~been no changes in internal control over financial reporting (as defined in Rule 13a-15(f) of the Exchange Act) during the period ended June 30, ~~Chief~~2009, ~~Financial~~that ~~Officer~~materially affected, ~~Principal~~or ~~Accounting~~are ~~Officer~~reasonably ~~and~~likely ~~Director~~to materially affect, our internal control over financial reporting.

2114

~~INDEX~~PART TOII ~~EXHIBITS~~- OTHER INFORMATION

~~Exhibit Description~~ITEM 1.

~~3(i)~~LEGAL * Articles of Incorporation of the Company (incorporated herein by reference from Exhibit No. 3(i) of the Company’s Form SB-2 filed with the Commission on May 9, 2006).PROCEEDINGS

~~3(ii)~~The * By-laws of the Company ~~(incorporated~~is ~~herein~~currently bynot ~~reference~~a ~~from~~party ~~Exhibit~~to ~~No.~~any ~~3(ii)~~pending oflegal ~~the Company's Form SB-2 as filed with the Commission on May 9, 2006)~~proceeding.

~~10(i)~~ITEM * Business Combination Agreement among the Company, Electrolinks, and Power Grid, dated September 18, 2007 (incorporated by reference from the Form 8-K filed with the Commission on September 25, 2007)1A.

~~10(ii)~~RISK * Amendment to the Business Combination Agreement dated November 9, 2007 (incorporated by reference from Schedule 14A, Exhibit B, filed with the Commission on January 25, 2008). FACTORS

~~10(iii)~~Not * Funding and Revenue Sharing Agreement dated December 31, 2007 (incorporated by reference from Schedule 14A, Exhibit C, filed with the Commission on January 25, 2008)required.

14ITEM * Code of Ethics, adopted as of December 21, 2007 (incorporated by reference from the Form 10-KSB filed with the Commission on December 26, 2007)2.

~~31 Certification~~UNREGISTERED ofSALES ~~Chief~~OF ~~Executive~~EQUITY ~~Officer~~SECURITIES ~~and~~AND ~~Chief~~USE ~~Financial~~OF ~~Officer Pursuant to Rule 13a-14 of the Securities Exchange Act of 1934, as Amended, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002~~PROCEEDS

~~32 Certification of Chief Executive Officer and Chief Financial Officer Pursuant to 18 U~~None.~~S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002~~

* Incorporated by reference to previous filings of the CompanyITEM3.

22DEFAULTS ON SENIOR SECURITIES

None.

ITEM 4.

SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

None.

ITEM 5.

OTHER INFORMATION

On June 30, 2009, High End Ventures, Inc., the Company entered into an Agreement and Plan of Merger dated June 30, 2009 (the “Merger Agreement”), with Asia America Equity Exchange, LLC, a Delaware limited liability company (“AAEE”). Pursuant to the terms of the Merger Agreement, the Company shall issue to the members of AAEE such number of shares of common stock that equal approximately 92% of the issued and outstanding shares of Registrant (the “Merger Shares”) at closing of the Merger Agreement. In consideration for the issuance of the Merger Shares, the Company shall receive 100% of the outstanding membership interests of AAEE.

Upon the closing of the Merger Agreement, the officers and directors of the Company have agreed to resign from serving on the Company's board of directors and as officers of the Company, respectively. AAEE shall appoint Leonardo Riera, Richard Muller, Jia Mao, Yue Zhao and Liang Yu as new directors to serve on the board.

In addition, the closing of the Merger Agreement is subject to conditions to closing, including, but not limited to, (1) completion of a reverse split of the Company’s issued and outstanding shares of common stock, (2) agreements with the Company’s debt holders for conversion of all of the Company’s outstanding debt into common stock of the Company, and (3) approval of the Merger Agreement by the members of AAEE and the shareholders of the Company. The merger provides that the closing date shall be on such date as all conditions to the Merger Agreement have been satisfied or waived, or on such other date as is mutually agreed upon by Registrant and AAEE, but in no event later than September 30, 2009.

AAEE is a limited liability company organized in the State of Delaware on May 28, 2008. AAEE is a development stage company. AAEE’s strategy is to build a comprehensive equity exchange platform and inter-hemisphere business network that will link client members located in the North, South and Central America and Caribbean regions to extensive venture partnerships, asset and equity exchanges and investment opportunities present in the Asian markets. AAEE has been working for the past year on developing such a platform and integrating the flow of information between China and the United States.

AAEE is the “Exclusive Representative for the Americas” of an agency of the Chinese Government, known as the China Beijing Equity Exchange (“CBEX”) pursuant to a Memorandum of Understanding with CBEX. Based in Beijing, the capital city of China, CBEX is the largest of four Equity Exchanges in China, and serves as a conduit to over one hundred fifty of the largest Chinese State Owned Enterprises (SOE), and more than 4,000 institutional investors. The equity exchanges were originally established in China with the purpose of facilitating the transparent privatization of assets owned by the State and held in companies designated as SOEs.

CBEX has recently formalized a decision to extend its reach by making available to foreign investors its extensive experience and equity exchange platform and to provide for its members an essential link to international investment and foreign trade opportunities. AAEE believes it is uniquely positioned to participate in the flow of transactions expected to occur as part of the globalization, integration, and diversification process to be conducted by major Chinese entities.

A copy of the Merger Agreement is filed as an Exhibit to this report. The description of the transactions contemplated by the Merger Agreement set forth herein does not purport to be complete and is qualified in its entirety by reference to the full text of the exhibit filed herewith and incorporated by this reference.

Effective July 31, 2009, the Company’s board of directors increased the number of seats on the board of directors from one to two and appointed Slenda Chen to fill the vacancy created on the board. Slenda Chen, age 39, was born in Shanghai and educated under Chinese, British, and American School systems. Her career includes experience in the hospitality and real estate marketing fields. She has held leadership positions with several world-renowned organizations, including the Marriott and Fairmont Hotel corporations, and is founder of the Atlantic International Group (AIG), the first international real estate sales and marketing firm promoting North American real estate in major Asian markets. She is actively involved in international business development to link the two continents, and has organized several trade missions to China, including two such undertakings for business investors and government leaders in Broward County, Florida. Ms. Chan holds a B.S. in Hospitality and Marketing and an Executive MBA from Florida International University. She currently holds the position of Director of the Florida-China Chamber of Commerce, is a member of the Asian American Chamber of Commerce, and is on the FIU-EMBA (Executive MBA) Board of Advisors. The South Florida Business Journal also recognized her as the “2007 ULTIMATE CEO” of Miami. For the past five years Ms. Chan has been working with various Chinese companies and state agencies to develop a plan for the expansion of Chinese business and investment in the western hemisphere though both Atlantic International and Asia America Equity Exchange.

ITEM 6.

EXHIBITS


Exhibit		Description
2		Merger Agreement and Plan of Merger dated as of June 30, 2009 (filed herein).
3(i) *		Articles of Incorporation of the Company (incorporated herein by reference from Exhibit No. 3(i) of the Company’s Form SB-2 filed with the Commission on May 9, 2006).
3(ii) *		By-laws of the Company (incorporated herein by reference from Exhibit No. 3(ii) of the Company's Form SB-2 as filed with the Commission on May 9, 2006).
14 *		Code of Ethics, adopted as of December 21, 2007 (incorporated by reference from the Form 10-KSB filed with the Commission on December 26, 2007).
31		Certification of Chief Executive Officer and Chief Financial Officer Pursuant to Rule 13a-14 of the Securities Exchange Act of 1934, as Amended, as Adopted Pursuant to Section 302 of the Sarbanes -Oxley Act of 2002 (filed herein).
32		Certification of Chief Executive Officer and Chief Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes -Oxley Act of 2002 (filed herein).

———————

Incorporated by reference to previous filings of the Company.

SIGNATURES

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


High End Ventures, Inc.	Date

/s/ KURT DALMATA	August 14, 2009
Kurt Dalmata
Chief Executive Officer, Chief Financial Officer, Principal Accounting Officer and Director

Filing Compare · HIGH END VENTURES, INC.