UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

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

For the quarterly period ended ~~June~~March 3031, ~~2013~~2014

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

From transition period from ~~____~~___________ to ~~____~~ ___________

Commission File No.: 000-23402

AQUENTIUM, INC. (Exact name of registrant as specified in its charter)

(Exact name of registrant as specified in its charter)

Delaware		11-2863244
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

571 Crane Street, building A, Perris, California		92530
(Address of principal executive offices)		(Zip Code)

(951) 674-9200 (Registrant’s telephone number, including area code)

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

Indicate by check mark whether the registrant ~~(1)~~ has ~~filed~~submitted ~~all~~electronically ~~reports~~and posted on its corporate Web site, if any, every Interactive Data File required to be ~~filed~~submitted byand ~~Section~~posted 13pursuant orto ~~15(d)~~Rule 405 of ~~the~~Regulation ~~Securities~~S-T ~~Exchange~~(§232.405 ~~Act~~ of ~~1934~~this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to ~~file~~submit ~~such reports),~~ and ~~(2)~~post ~~has been subject to~~ such ~~filing requirements for the past 90 days~~files). Yes x ¨ No ox

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

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

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

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

As of October 324, ~~2013~~2014, the registrant had 93,~~957~~457,403 shares of common stock outstanding.

TABLE OF CONTENTS

PART I – FINANCIAL INFORMATION	~~PART I – FINANCIAL INFORMATION~~
Item 1:	Financial Statements	4	4
	Consolidated Balance Sheets as of June 30, 2013 (Unaudited) and September 30, 2012 (Audited)	5
	Consolidated Balance Sheets as of March 31, 2014 (Unaudited) and September 30, 2013 (Audited)		5
	Consolidated Statements of Operations for the Three and Nine Months Ended June 30, 2013 and 2012 (Unaudited) and from inception (April 30, 2001) to June 30, 2013	6
	Consolidated Statements of Operations for the Three and Six Months Ended March 31, 2014 and 2013 (Unaudited)		6
	Consolidated Statements of Cash Flows for the Nine Months Ended June 30, 2013 and 2012 (Unaudited) and from inception (April 30, 2001) to June 30, 2013	7
	Consolidated Statements of Cash Flows for the Six Months Ended March 31, 2014 and 2013 (Unaudited)		7
	Notes to Consolidated Financial Statements (Unaudited)	8	8
Item 2:	Management’s Discussion and Analysis of Financial Condition and Results of Operations	12	13
Item 3:	Quantitative and Qualitative Disclosures about Market Risk	15	15
Item 4:	Controls and Procedures	15	15
PART II – OTHER INFORMATION	~~PART II – OTHER INFORMATION~~
Item 1:	~~Legal~~legal Proceedings	16	16
Item 1A:	Risk Factors	16	16
Item 2:	Unregistered ~~Sales of Equity~~ Securities ~~and Use of Proceeds~~	16	16
Item 3:	Default on Senior Securities	16	16
Item 4:	Mine Safety Information	16	16
Item 5:	Other Information	16	16
Item 6:	Exhibits	16	17
Signatures		17	18

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

The Securities and Exchange Commission (“SEC”) encourages companies to disclose forward-looking information so that investors can better understand future prospects and make informed investment decisions. This report contains these types of statements. Words such as “may,” “expect,” “believe,” “anticipate,” “estimate,” “project,” or “continue” or comparable terminology used in connection with any discussion of future operating results or financial performance identify forward-looking statements. You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this report. All forward-looking statements reflect our present expectation of future events and are subject to a number of important factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.

PART I – FINANCIAL INFORMATION

ITEM 1: FINANCIAL STATEMENTS

The financial information set forth below with respect to our statements of operations for the three and ~~nine~~six month period ended ~~June~~March 3031, ~~2013~~2014 and ~~2012~~2013 is unaudited. This financial information, in the opinion of management, includes all adjustments consisting of normal recurring entries necessary for the fair presentation of such data. The results of operations for the ~~three~~six month period ended ~~June~~March 3031, ~~2013~~2014, are not necessarily indicative of results to be expected for any subsequent period. Our year end is September 30.

AQUENTIUM, INC. AND SUBSIDIARIES

(A DEVELOPMENT STAGE COMPANY)

CONSOLIDATED BALANCE SHEETS

	June 30,			September 30,
	March 31			September 30,
	2013			2012
	2014			2013
	(Unaudited)			(Audited)
ASSETS
Current assets
Cash	$	~~10,638~~209		$	~~626~~--
Prepaid		--			3,200
Total current assets	$	209		$	--
Total current assets		10,638			3,826
Total assets	$	10,638		$	3,826
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current liabilities
Accounts payable	$	4146,~~986~~337		$	3942,~~322~~315
Accrued interest		6978,~~598~~628			~~60.568~~72,608
Accrued expense- litigation		177,247			177,247
Advances-related party		184,631			193,234
Total current liabilities		302,212			292,170
Accrued rent-related party		168,000			168,000
Long term liabilities
Salaries payable- related party		1,835,357			1,655,347
Convertible Note payable- related party		1,043,838			914,313
Total current liabilities		2,476,820			2,293,728
Debt discount		(949,166	)		(914,313
Total liabilities		2396,~~476,820~~884			2292,~~293,728~~170
Stockholders’ deficit
Preferred shares, par value $0.00001
Preferred shares, par value $0.00001 10,000,000 authorized; none issued and outstanding		--			--
10,000,000 authorized; none issued and outstanding		--			--
Common stock, par value $0.005 authorized 100,000,000 shares, issued and outstanding 93,457,403 as
Common stock, par value $0.005
March 31, 2014 and September 30, 2013, respectively		467,287			467,287
authorized 100,000,000 shares,
Additional paid-in capital		3,303,809			3,174,284
issued and outstanding 62,957,403
Accumulated deficit		(4,167,771	)		(3,933,741	)
as June 30, 2013 and 56,957,403
Total stockholders’ deficit		(396,675	)		(292,170	)
September 30, 2012, respectively		312,287			284,787
Total liabilities and stockholders’ deficit	$	209		$	--
Additional paid-in capital		1,019,971			972,471
Accumulated deficit during development stage		(3,798,440	)		(3,547,160	)
Total stockholders’ deficit		(2,466,182	)		(2,289,902	)
Total liabilities and stockholders’ deficit	$	10,638		$	3,826

The accompanying notes are an integral part of the ~~unaudited~~ consolidated financial statements.

AQUENTIUM, INC. AND SUBSIDIARIES

(A DEVELOPMENT-STAGE COMPANY)

CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

													From
	Three Months						Six Months
													Inception
	Ended March 31,						Ended March 31,
													(April 30,
	2014			2013			2014			2013
	Three Months						Nine Months						2001) to
Expense
	Ended June 30,						Ended June 30,						June 30,
Officer compensation	$	60,000		$	60,000		$	120,000		$	120,000
	2013			2012			2013			2012			2013
Selling, general and administrative expenses	$	4,492		$	36,757		$	13,339		$	40,973
Income	$	--		$	5,750			--		$	10,775		$	22,160
Loss from operations		(64,492	)		(96,757	)		(133,339	)		(160,793	)
Cost of goods sold		--			(2,650	)		--			(4,034	)		(5,434	)
Other income (expense)
Gross margin		--			3,100			--			6,741			16,726
Interest expense		(52,046	)		(3,010	)		(100,691	)		(6,020	)
Selling, general and administrative expenses		81,279			80,770			242,251			245,203			5,383,354
Total other income (expense)		(52,046	)		(3,010	)		(100,691	)		(6,020	)
Impairment loss		--			--									15,000
Net loss	$	(116,538	)	$	(99,767	)	$	(234,030	)	$	(166,933	)
Depreciation		-			-						--			3,973
Loss per common share Basic	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)
Loss from operations		(81,279	)		(77,670	)		(242,251	)		(238,462	)		(5,385,601	)
Basic weighted average number of common shares outstanding		93,457,403			57,385,974			93,457,403			57,266,227
Other income (expense)
Gain on debt settlement		--			--			--			1,533			3,511
Gain on sale of investment /business		--			--			--			--			370,000
Rental income		--			--			--			--			1,471,279
Expense- litigation settlement		--			--			--			--			(177,247	)
Interest expense		(3,010	)		(3,010	)		(9,030	)		(9,030	)		(80,382	)
Total other income (expense)		(3,010	)		(3,010	)		(9,030	)		(7,477	)		1,587,161
Net loss	$	(84,289	)	$	(80,680	)		(251,281	)		(245,939	)	$	3,798,440	)
Loss per common share
Basic	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)
Basic weighted average number
of common shares outstanding		57,385,974			51,743,117			57,266,227			48,109,417

The accompanying notes are an integral part of the ~~unaudited~~ consolidated financial statements.

AQUENTIUM, INC. AND SUBSIDIARIES

(A DEVELOPMENT STAGE COMPANY)

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

	Nine Months Ended June 30,						From inception (April 30, 2001) to June 30,
	Six Months
	2013			2012			2013
	Ended March 31,
Cash Flows From Operating Activities:
	2014			2013
Net loss	$	(251,281	)	$	(245,939	)	$	(3,798,440	)
Cash Flows From Operating Activities:
Adjustments to reconcile net loss to
Net loss	$	(234,030	)	$	(166,993	)
net cash used in operating activities:
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation		--			--			3,973
Stock compensation		--			25,000
Stock for services		25,000			--			740,755
Accrued compensation and rent converted to a convertible note payable		129,525			-
Stock for joint venture		--			--			6,000
Debt discount		94,672			--
Gain on exchange of stock		--			--			(370,000	)
Changes in operating assets and liabilities:
Disposition of subsidiary		--			--			18,465
Accounts payable		4,022			1,724
Stock option compensation		--			--			100,000
Accrued interest		6,020			6,020
Impairment expenses		--			--			18,638
Prepaid		--			3,200
Changes in operating assets and liabilities:
Salaries payable-related party		--			120,000
Bank overdraft		--			(16	)		--
Net cash provided (used) in operating activities		209			(11,049	)
Accrued rent		--			43,200			168,000
Cash Flows From Financing Activities:
Accrued expense-litigation payable		--			--			177,247
Common stock issued for cash		--			50,000
Accounts payable		2,666			4,047			42,791
Advances – related party		--			1,600
Accrued interest		9,030			9.030			81,523
Net cash provided by financing activities		--			51,600
Prepaid		3,200			--			--
Net increase in cash		209			40,551
Salaries payable-related party		180,000			180,000			2,312,253
Cash at beginning of period		--			626
Net cash used in operating activities		(31,385	)		(9,678	)		(498,795	)
Cash at end of period	$	209		$	41,177
Cash Flows From Investing Activities:
Investment in joint venture								(15,000	)
Purchase of fixed assets		--			--			(3,973	)
Net cash used in investing activities		--			--			(18,973	)
Cash Flows From Financing Activities:
Stock issued for cash		50,000			12,500			62,500
Note payable-related party		--			--			137,860
Advances – related party		(8,603	)		(440	)		318,546
Capital contribution – founder		--			--			500
Capital contribution – office space		--			--			9,000
Net cash provided by financing activities		41,397			12,060			528,406
Net increase in cash		10,012			2,382			10,638
Cash at beginning of period		626			--			--
Cash at end of period	$	10,638		$	2,382		$	10,638

The accompanying notes are an integral part of the ~~unaudited~~ consolidated financial statements.

AQUENTIUM, INC. AND SUBSIDIARIES

(A DEVELOPMENT STAGE COMPANY)

CONSOLIDATED STATEMENTS OF CASH FLOWS - Continued

(Unaudited)

	Nine Months Ended June 30,				From inception (April 30, 2001) to June 30,
	2013		2012		2013
Non-Monetary Transactions
Stock for debt settlement 5,292,549 and 2,200,000 shares
issued at $0.0255 and $0.02 per share respectively	$	--	$	--	$	135,000
Stock for interest 467,631
shares issued at $0.0255 per share	$	--	$	--	$	11,925
Stock for officer salaries payable 7,039,820 and 3,000,000 shares respectively
shares issued $0.0255 and $0.02 per share respectively	$	--	$	--	$	239,515
Stock for licensing agreement 100,000
shares issued at $0.06 per share	$	--	$	--	$	6,000
Stock issued for services 500,000 shares
at $0.05 per share	$	25,000		--		--
Stock for acquisitions 1,150,000
shares issued at $0.02 per share	$	--	$	--	$	23,000
Stock issue for salary 10,000,000
shares issued at $0.006 per share	$	--	$	--	$	60,000
Stock for patent pending 4,000
shares issued at 1.00 per share	$	--	$	--	$	4,000
Reduction of liability to a related
party by an exchange in investment	$	--	$	--	$	375,000

The accompanying notes are an integral part of the unaudited consolidated financial statements.

AQUENTIUM, INC. AND SUBSIDIARIES

(A DEVELOPMENT STAGE COMPANY)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

NOTE 1 –- BASIS OF PRESENTATION

~~The~~Aquentium, ~~accompanying~~Inc. ~~unaudited~~(a ~~consolidated~~Delaware ~~financial~~corporation) ~~statements~~is ~~have~~a ~~been~~diversified ~~prepared~~holding incompany. Its ~~accordance~~holdings ~~with~~include ~~generally~~a ~~accepted~~solar ~~accounting~~energy ~~principles~~company for ~~interim~~solar ~~financial~~farms, ~~information~~residential ~~with~~and ~~the~~commercial ~~instructions~~buildings to(Aquentium ~~Form~~Solar, ~~10-Q~~Inc. ~~Accordingly~~), ~~they~~a docompany ~~not~~for ~~include~~research ~~all~~and development of algae energy projects, (New American Energy, Inc.), a Waste-To-Energy company for the ~~information~~development of waste-to-energy projects and ~~footnotes~~recycling ~~required~~systems by(Environmental ~~generally~~Waste ~~accepted~~Management, ~~accounting~~Inc.), ~~principles~~a housing company for ~~complete~~the ~~financial~~development ~~statements~~of emergency and re-deployable housing structures (H.E.R.E. InInternational, Inc.), an early-stage entertainment company that for the ~~opinion~~development of ~~the~~motion ~~Company's~~pictures, ~~management~~music, ~~all~~print ~~adjustments~~publications, ~~(consisting~~and ofconsumer ~~normal~~products ~~accruals~~(Canby Group, Inc.), ~~considered~~and ~~necessary~~(Aquentium De Mexico) for aany ~~fair~~housing, ~~presentation~~energy, and water treatment business done in the Country of ~~these~~Mexico. ~~financial~~The ~~statements~~subsidiaries ~~have~~were ~~been~~not ~~included~~active during the period ending March 31, 2014.

The ~~results~~accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information with the ~~periods~~instructions ~~presented~~to ~~are~~Form 10-Q and regulation S-X. Accordingly, they do not ~~necessarily~~include ~~indicative~~all of the ~~results~~information and footnotes required by generally accepted accounting principles for ~~the~~complete ~~full~~financial ~~year~~statements. ~~and~~These condensed financial statements should be read in conjunction with the ~~audited consolidated~~ financial statements and notes thereto included in our annual report on Form 10-K for the year ended September 30, ~~2012~~2013, ~~included~~filed with the SEC in ~~our~~October 15, 2014 (“Annual Report”). onIn ~~Form~~the ~~10-K,~~opinion ~~filed~~of onthe ~~December~~Company's 27management, ~~2012~~all adjustments (consisting of normal accruals) considered necessary for a fair presentation of these financial statements have been included.

~~NOTE~~The 2results –for ~~GOING~~the ~~CONCERN~~periods presented are not necessarily indicative of the results for the full year and should be read in conjunction with the audited consolidated financial statements for the year ended September 30, 2014.

~~The~~NOTE ~~Company's~~2 ~~financial~~- ~~statements~~GOING are prepared using generally accepted accounting principles applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has an accumulated deficit of $3798,440 and has limited revenues to cover its operating costs. This uncertainty raises substantial doubt about the Company's ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on additional sources of capital and the success of the Company's plan. The accompanying financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or amounts and classification of liabilities that might result from the outcome of this uncertainty.CONCERN

~~NOTE~~The 3Company's –financial ~~BUSINESS~~statements ~~DESCRIPTION~~are prepared using generally accepted accounting principles applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has an accumulated deficit of $4,167,771 and had no revenues to cover its operating costs. This uncertainty raises substantial doubt about the Company's ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on additional sources of capital and the success of the Company's plan. The accompanying financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or amounts and classification of liabilities that might result from the outcome of this uncertainty.

~~A. Business~~NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

~~Aquentium,~~Basis Inc. (a Delaware corporation) is a diversified holding company in the development stage. (See Note 4B "Development Stage Company"). Its holdings include a solar energy company for solar farms, residential and commercial buildings (Aquentium Solar, Inc.), a company for research and development of algae energy projects, (New American Energy, Inc.), a Waste-To-Energy company for the development of waste-to-energy projects and recycling systems (Environmental Waste Management, Inc.), a housing company for the development of emergency and re-deployable housing structures (H.E.R.E. International, Inc.), an early-stage entertainment company that for the development of motion pictures, music, print publications, and consumer products (Canby Group, Inc.), and (Aquentium De Mexico) for any housing, energy, and water treatment business done in the Country of Mexico. The subsidiaries were not active during the period ending June 30, 2013.Presentation

~~NOTE~~The ~~4 –~~accompanying ~~SUMMARY~~consolidated OFfinancial ~~SIGNIFICANT~~statements ~~ACCOUNTING~~have ~~POLICIES~~been prepared in accordance with U.S. generally accepted accounting principles. The Company has elected a fiscal year ending on September 30.

A. Principles of Consolidation

The consolidated financial statements include the accounts of the Company and its subsidiaries. There was no activity in any of the subsidiaries.

~~B. Development-Stage~~Principles ~~Company~~of Consolidation

The accompanying consolidated financial statements ~~have~~include ~~been~~the ~~prepared~~accounts inof ~~accordance~~Aquentium, ~~with~~Inc. ~~Financial~~and ~~Accounting~~its ~~Standards Board’s Accounting Standard Codification (FASB ASC) 915~~wholly-~~205~~owned ~~“Development-Stage Enterprises"~~subsidiaries. A ~~development-stage~~All ~~enterprise~~intercompany isaccounts ~~one~~and intransactions ~~which planned principal operations~~ have ~~not commenced or if its operations have commenced, there has~~ been ~~no significant revenue there from~~eliminated. ~~Development-stage companies report cumulative costs from the enterprise’s inception.~~

~~C. Use~~Cash ofand ~~Estimates~~Cash Equivalents

The ~~preparation~~Company ofconsiders ~~financial~~all ~~statements~~highly inliquid ~~conformity~~investments purchased with ~~generally~~an ~~accepted~~original ~~accounting~~maturity ~~principles requires management to make estimates and assumptions that affect the reported amounts~~ of ~~assets~~three ~~and~~months ~~liabilities~~or ~~and~~less ~~disclosures~~to ofbe ~~contingent~~cash ~~assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period~~equivalents. ~~Actual results could differ from those estimates.~~

~~D. Loss~~Use ~~per~~of ~~Share~~Estimates

~~Basic~~The ~~earnings~~preparation ~~(loss)~~of ~~per~~financial ~~share~~statements ~~includes~~in noconformity ~~dilution~~with ~~and~~generally isaccepted ~~computed~~accounting byprinciples ~~dividing~~requires ~~income~~management ~~available~~ to ~~common~~make ~~stockholders~~estimates byand ~~the~~assumptions ~~weighted~~that ~~average~~affect ~~number of common shares outstanding for~~ the ~~period. Dilutive~~reported ~~earnings~~amounts ~~(loss)~~of ~~per~~assets ~~share~~and ~~reflect~~liabilities ~~the~~and ~~potential~~disclosures ~~dilution~~ of ~~securities~~contingent ~~that~~assets ~~could~~and ~~share~~liabilities inat the ~~earnings~~date of the ~~Company. Dilutive~~financial ~~earnings~~statements ~~(loss)~~and ~~per~~the ~~share~~reported ~~are~~amounts ~~equal to that~~ of ~~basic~~income ~~earnings~~and ~~(loss)~~expenses ~~per~~during ~~share as~~ the ~~effects~~reporting ofperiod. ~~stock~~Actual ~~options~~results ~~and~~could ~~warrants~~differ ~~have~~from ~~been~~those ~~excluded as they are anti-dilutive~~estimates.

~~E. Revenue~~Basic ~~Recognition~~and diluted net loss per share

~~The~~Basic ~~Company~~and ~~recognizes~~diluted ~~revenue~~net ~~upon~~loss ~~shipment~~per ofshare acalculations ~~product~~are tocalculated on the ~~customer~~basis orof ~~upon~~the ~~completion~~weighted average number of common shares outstanding during the ~~service~~year. Diluted loss per share calculations includes the ~~Company~~dilutive effect of common stock. Basic and diluted net loss per share is ~~providing~~the same due to the absence of common stock equivalents.

~~NOTE~~Policy ~~5 –~~in ~~RECENT~~Regards ~~ACCOUNTING~~to ~~PRONOUNCEMENTS~~Issuance of Common Stock in a Non-Cash Transaction

The Company’s ~~does~~accounting ~~not~~policy ~~expect~~for ~~the~~issuing ~~adoption~~shares ofin ~~any~~a ~~recent~~non-cash ~~accounting~~transaction ~~pronouncements~~is to ~~have~~issue athe ~~material~~equivalent ~~impact~~amount onof stock equal to the ~~Company’s~~fair ~~financial~~market ~~statements~~value of the assets or services received.

~~NOTE~~Revenue ~~6 – STOCK ISSUED~~Recognition

OnRevenue ~~May~~is ~~14,~~recognized ~~2012~~when it is received in accordance with the ~~Company~~basic ~~issued~~FASB ASC 605-10~~,000,000~~ ~~shares~~“Revenue ofRecognition”. ~~common~~The ~~stock~~Company ~~with~~recognizes arevenue ~~value~~when ofproducts ~~$60,000~~are ~~($0.006~~fully ~~per~~delivered ~~share)~~or ~~for~~services ~~accrued~~have ~~salary~~been provided and collection is reasonably assured.

OnPrinciples ~~June 8, 2012 the Company issued 500,000 shares~~ of ~~common stock with a value of $12,500 ($0.025 per share) for cash.~~Consolidation

OnThe ~~February~~consolidated ~~22,~~financial ~~2013~~statements include the ~~Company~~accounts ~~issued 500,000 shares~~ of ~~common~~the ~~stock~~Company ~~with~~and aits ~~value~~subsidiaries. ofThere ~~$25,000~~was ~~($0.05~~no ~~per~~activity ~~share)~~in ~~for~~the ~~service~~Company’s subsidiaries.

OnRecent ~~March~~Accounting ~~27, 2013 the Company issued 5,000,000 shares of common stock with a value of $50,000 ($0.01 per share) for cash~~Pronouncements

On June 10, 2014, FASB issued Accounting Standards Update No. 2014-10, Development Stage Entities. The update removes the definition of a development stage entity from FASB ASC 915 and eliminates the requirement for development stage entities to present inception-to-date information on the statements of operations, cash flows and stockholders’ deficit. The Company early adopted this standard for the period covered by the report.

NOTE 74 –- RELATED PARTY TRANSACTIONS

~~Mark~~The T.President ~~Taggatz,~~and ~~President~~CEO of the Company accrued compensation of $60,000 ~~CEO~~and $120,000 and ~~Chairman~~rent expense of $4,725 and 9,325 during the ~~Board~~three ~~had~~and six month period ended March 31, 2014. At the ~~following~~end ~~transactions~~of ~~with~~each quarter the Company: issued five year convertible notes for the accrued compensation and accrued rent to the officer. The terms of the convertible notes are described below.

a)On ~~Mr.~~September ~~Taggatz~~30, is2013 the ~~majority~~company ~~shareholder~~issued ~~and~~a anfive ~~officer~~year, ~~and~~non-interest ~~director~~bearing ofconvertible ~~Ozone~~note ~~Safe~~to ~~Food~~the ~~(OSF).~~Mark ~~Through~~Taggatz ~~OSF~~for $545,356 Mrfor the outstanding balance of accrued salary. ~~Taggatz~~The holder has ~~advanced~~the ~~funds~~right at any time prior to ~~pay~~maturity ~~for~~to ~~expenses~~convert onthe ~~behalf~~note to common stock at par value ($0.005) up to five percent of the outstanding shares of common stock of the Company. Mrat the date of conversion. ~~Taggatz~~This ~~and~~note ~~affiliates~~is deemed to have a ~~total~~beneficial ~~outstanding~~conversion ~~balance~~feature with the fair value exceeding the value of ~~$184,631~~the asnote. A discount was recorded for the full amount of ~~June~~the ~~30,~~note ~~2013.~~that will be amortized in a straight line over five years

b)On ~~The~~September ~~Company~~30, ~~recorded~~2013 ~~compensation~~the ofcompany issued a five year, non-interest bearing convertible note to the Mark Taggatz for $180,~~000~~994 asfor ~~salary~~the ~~payable~~outstanding ~~for~~balance of advances to the ~~nine~~Company. ~~month~~The ~~periods~~holder ~~ending~~has ~~June~~the ~~30,~~right ~~2013~~at ~~and~~any ~~2012~~time ~~which~~prior ~~are~~to ~~accrued~~maturity ~~but~~to ~~not~~convert ~~paid~~the note to common stock at par value ($0.005) ~~Total~~up ~~salaries~~to ~~payable~~five aspercent of ~~June~~the ~~30,~~outstanding ~~2013~~shares ~~and~~of ~~September~~common ~~30,~~stock ~~2012~~of the Company at the date of conversion. This note is deemed to have a beneficial conversion feature with the fair value exceeding the value of the note. A discount was ~~$1,835,357~~recorded ~~and~~for ~~$1,655,347~~the ~~respectively~~full amount of the note that will be amortized in a straight line over five years.

c)On ~~The~~September ~~Company~~30, ~~entered~~2013 ~~into~~the company issued a ~~lease~~five ~~agreement~~year, ~~with~~non-interest ~~Sani~~bearing ~~Dri~~convertible ~~and~~note ~~has~~to ~~accrued~~the ~~rent~~Sani ~~payable~~Dri, ofInc for $168,000 asfor ofthe ~~June~~outstanding ~~30,~~balance ~~2013~~of accrued rent. ~~(See~~The ~~Note~~holder 12has ~~“Lease~~the ~~Agreement”~~right at any time prior to maturity to convert the note to common stock at par value ($0.005) up to five percent of the outstanding shares of common stock of the Company at the date of conversion. ~~Sani~~This ~~Dri~~note is deemed to have a ~~Company~~beneficial Mrconversion feature with the fair value exceeding the value of the note. ~~Taggatz~~A ~~controls~~discount was recorded for the full amount of the note that will be amortized in a straight line over five years. ~~The~~Mark ~~lease~~Taggatz ~~terminated~~is asthe President and shareholder of ~~September~~Sani 30Dri, ~~2012~~Inc.

~~NOTE~~On 8September –30, ~~ACCRUED~~2013 ~~INTEREST~~the company issued a five year, non-interest bearing convertible note to Ozone Safe Foods, Inc. for $19,963 for the outstanding balance of advances to the Company. The holder has the right at any time prior to maturity to convert the note to common stock at par value ($0.005) up to five percent of the outstanding shares of common stock of the Company at the date of conversion. This note is deemed to have a beneficial conversion feature with the fair value exceeding the value of the note. A discount was recorded for the full amount of the note that will be amortized in a straight line over five years. Mark Taggatz is the President and shareholder of Sani Dri, Inc.

AsOn aDecember ~~result~~31, of2013 ~~arbitration during~~ the ~~fiscal~~company ~~year~~issued ~~2007,~~ a ~~former~~five ~~landlord~~year, ~~was~~non-interest ~~awarded~~bearing aconvertible ~~judgment~~note ~~against~~to the ~~Company~~Mark ~~totaling~~Taggatz for $~~177~~64,~~247~~800 for the outstanding balance of accrued salary and accrued rent. The ~~Company~~holder ishas ~~accruing~~the ~~interest~~right onat any time prior to maturity to convert the ~~judgment~~note to common stock at anpar ~~annual~~value ~~rate~~($0.005) ofup ~~seven~~to five percent onof the outstanding ~~balance. During~~shares of common stock of the ~~nine~~Company ~~month~~at ~~period~~the ~~ended~~date ~~June~~of ~~30,~~conversion. ~~2013~~ This note is deemed to have a beneficial conversion feature with the ~~Company~~fair ~~accrued~~value ~~interest~~exceeding ofthe ~~$9,030~~value ~~for~~of the ~~outstanding~~note. ~~judgment~~A ~~resulting~~discount inwas ~~total~~recorded ~~interest~~for ~~accrued~~the asfull amount of ~~June~~the ~~30,~~note ~~2013~~that ofwill ~~$69,598~~be ~~(See~~amortized ~~Note~~in 9:a ~~Commitments~~straight ~~and~~line ~~Contingencies)~~over five years.

~~NOTE~~On 9March –31, ~~COMMITMENTS~~2014 ~~AND~~the ~~CONTINGENCIES~~company issued a five year, non-interest bearing convertible note to the Mark Taggatz for $64,725 for the outstanding balance of accrued salary and accrued rent. The holder has the right at any time prior to maturity to convert the note to common stock at par value ($0.005) up to five percent of the outstanding shares of common stock of the Company at the date of conversion. This note is deemed to have a beneficial conversion feature with the fair value exceeding the value of the note. A discount was recorded for the full amount of the note that will be amortized in a straight line over five years.

Effective September 1, 2004, the Company exercised an option to lease 84,772 square feet of building space on an average monthly basis of $31,897 per month. The Company was assigned the lease rights of the other tenants in the building and collected rents from those tenants. For the years ending September 30, 2009 and 2008, the Company recorded no lease expenses in connection with these leases. The Company had an option to purchase the building for $5.1 million. The largest tenant in the building was eFoodsafety.com.

During the year ended September 30, 2007, the Company was party to an arbitration hearing with the landlord pertaining to the lease of the building and the sub-lease of portions of the building to its sub-tenants. On April 11, 2007, the arbitrator granted legal fees to the landlord in the amount of $47,000. On April 19, 2007 and June 29, 2007, amended notices of ruling were heard by the Superior Court of California, County of Riverside resulting in a judgment awarded on September 21, 2007 to the landlord of $146,917 including fees and interest. Additionally, on August 17, 2007, the landlord received a judgment against the Company of $29,692 pertaining to termination of the Company’s occupancy of the building.

The Company was a plaintiff in suits against the individual sub-tenants pertaining to rent withheld by the sub-tenants. No determination of these cases has been concluded. As of June 30, 2013, $177,247 for the judgment plus accrued interest of $69,598 has been accrued by the Company for a total liability of $246,845.

On February 2, 2010 the Company entered into agreements with two municipalities in China to convert waste material into energy. Under the terms of the agreement the municipalities would provide the waste material to the Company, land for the Company to build the conversion plant and buy the resulting energy produced from the Company. These projects will require substantial funding which must be arranged and provided by the Company along with the conversion plant construction and operations. As of this date no activity beyond the signing of the agreements has been completed.

OnThe ~~March~~following 1,table ~~2010,~~sets out the ~~Company~~unamortized ~~signed~~debt adiscount ~~consulting~~for ~~agreement~~each ~~with~~note anfor ~~individual giving~~ the ~~individual~~period ~~100,000~~ended ~~shares~~March ~~of common stock with a value of $5~~31,~~000.~~ ~~Under the terms of the agreement the individual can earn additional shares of the Company stock plus commissions based on the sales initiated by the individual~~2014.

NOTE 10 – JOINT VENTURES

			Unamortized Debt Discount
Date of Note	Amount of Note		March 31, 2014		September 30, 2013
September 30, 2013	$	545,356	$	490,820	$	545,356
September 30, 2013		180,994		162,894		180,994
September 30, 2013		168,000		151,200		168,000
September 30, 2013		19,963		17,967		19,963

As of September 30, 2013		914,313		--		914,313

December 31, 2013		64,800		61,560		--
March 31, 2014		64,725		64,725		--

As of March 31, 2014	$	1,043,838	$	949,166		--

InThe ~~March~~loan ~~2004,~~payments ~~Aquentium~~over ~~entered~~the ~~into~~next ~~50/50~~five ~~joint venture. Aquentium Hong Kong, Ltd., a Chinese limited liability company, was formed to manufacture market and sell Aquentium's products and/or services, if any, in Asia for a period of 10~~ years~~. As~~ ofare ~~June~~as ~~30, 2013, the joint venture had no further activity.~~follows:

On August 18, 2008, the Company signed a business development agreement with Megaros, Inc. Under the terms of the agreement Megaros will receive commissions starting at five (5) percent of the first $1,000,000 of sales and decreasing one (1) percent for each $1,000,000 of additional sales of the Company’s products.

March 31, 2014	$	-
March 31, 2015		-
March 31, 2016		-
March 31, 2017		-
March 31, 2018		1,043,438

Total	$	1,043,438

OnNOTE ~~July~~5 28, 2009, the Company signed a joint venture agreement with an individual for the production and harvesting of algae on property owned by the individual. Under the terms of the agreement the Company is required to raise substantial capital within twenty four months of the date of the agreement plus manage the joint venture on behalf of both parties. The Company was obligated to a one-~~time~~ ~~fee~~ACCRUED of $15,000, which has been paid, plus an annual fee of $250,000 payable to the individual, once production commences. As there has been no activity and the obligation of the Company has not been met, the Company has impaired the investment of $15,000 at September 30, 2010.INTEREST

~~NOTE~~As 11a –result ~~LEASE~~of ~~AGREEMENT~~arbitration during the fiscal year 2007, a former landlord was awarded a judgment against the Company totaling $177,247. The Company is accruing interest on the judgment at an annual rate of seven percent on the outstanding balance. During the six month period ended March 31, 2014 the Company accrued interest of $6,020 for the outstanding judgment resulting in total interest accrued as of March 31, 2014 of $78,628. (See Note 6: Commitments and Contingencies)

On October 1, 2009, the Company entered into a lease agreement with Sani-Dri, Sani-Dri is controlled by the wife of Mr. Taggatz. The Company has exclusive distribution territories for the Sani-Dri ozone hand dryer. Under the terms of the agreement the Company is subleasing 8,000 square feet of commercial office and warehouse space for three years. They will pay the affiliate rent of $4,000 per month through the year ending September 30, 2010; $4,800 per month for year two ending September 30, 2011 and $6,000 per month for year three ending September 30, 2012. The lease has expired and was not renewed.

NOTE 12 – SUBSEQUENT EVENT

On August 29, 2013 the Company issued Mark Taggatz 30,000,000 shares of common stock at a value of $1,350,000 for accrued salary.

On August 29, 2013 the Company issued 1,000,000 shares of common stock with a value of $45,000 for services.

~~Reference~~NOTE in6 ~~this~~- ~~report~~COMMITMENTS toAND ~~“Aquentium’” “we,” “us,” and “our” refer to Aquentium, Inc. and its subsidiaries.~~CONTINGENCIES

~~SPECIAL~~Effective ~~NOTE~~September ~~REGARDING~~1, ~~FORWARD-LOOKING~~2004, ~~STATEMENTS~~the Company exercised an option to lease 84,772 square feet of building space on an average monthly basis of $31,897 per month. The Company was assigned the lease rights of the other tenants in the building and collected rents from those tenants. For the years ending September 30, 2009 and 2008, the Company recorded no lease expenses in connection with these leases. The Company had an option to purchase the building for $5.1 million. The largest tenant in the building was eFoodsafety.com.

~~The~~During ~~Securities~~the ~~and~~year ~~Exchange~~ended ~~Commission~~September ~~(“SEC”)~~30, ~~encourages~~2007, ~~companies~~the toCompany ~~disclose~~was ~~forward-looking~~party ~~information~~to soan ~~that~~arbitration ~~investors~~hearing ~~can~~with ~~better~~the ~~understand~~landlord ~~future~~pertaining ~~prospects~~to ~~and~~the ~~make~~lease ~~informed~~of ~~investment~~the ~~decisions. This~~building ~~report~~and ~~contains~~the ~~these~~sub-lease ~~types~~of portions of ~~statements. Words~~the ~~such~~building asto ~~“may,”~~its ~~“expect,”~~sub-tenants. ~~“believe,”~~On ~~“anticipate,”~~April ~~“estimate~~11,” ~~“project~~2007,” orthe ~~“continue”~~arbitrator orgranted ~~comparable~~legal ~~terminology~~fees ~~used~~to inthe ~~connection~~landlord ~~with~~in ~~any~~the ~~discussion~~amount of ~~future~~$47,000. ~~operating~~On ~~results~~April or19, ~~financial~~2007 ~~performance~~and ~~identify~~June ~~forward-looking~~29, ~~statements. You~~2007, ~~are~~amended ~~cautioned~~notices ~~not~~of toruling ~~place~~were ~~undue~~heard ~~reliance~~by on the ~~forward-looking~~Superior ~~statements,~~Court ~~which~~of ~~speak~~California, ~~only~~County as of ~~the~~Riverside ~~date~~resulting ofin ~~this~~a ~~report. All~~judgment ~~forward-looking~~awarded ~~statements~~on ~~reflect~~September ~~our~~21, ~~present~~2007 ~~expectation~~to the landlord of ~~future~~$146,917 ~~events~~including fees and ~~are~~interest. ~~subject~~Additionally, toon aAugust ~~number~~17, of2007, ~~important~~the ~~factors~~landlord ~~and~~received ~~uncertainties~~a ~~that~~judgment ~~could~~against ~~cause~~the ~~actual~~Company ~~results~~of $29,692 pertaining to ~~differ~~termination ~~materially~~of ~~from~~the ~~those~~Company’s ~~described~~occupancy inof the ~~forward-looking statements~~building.

~~ITEM~~The ~~2: MANAGEMENT’S~~Company ~~DISCUSSION~~is ~~AND~~a ~~ANALYSIS~~plaintiff OFin ~~FINANCIAL~~suits ~~CONDITION~~against ~~AND~~the ~~RESULTS~~individual OFsub-tenants ~~OPERATIONS~~pertaining to rent withheld by the sub-tenants. No determination of these cases has been concluded. As of March 31, 2014, $177,247 for the judgment plus accrued interest of $78,628 has been accrued by the Company for a total liability of $255,875.

NOTE 7 - LEASE AGREEMENT

On September 30, 2013 the Company entered into a month to month lease with the CEO of the Company. Under the terms of the lease the Company pays $1,600 per month in rent for its space. On March 15, 2014 the lease was terminated. On March 15, 2014 the Company entered into a new lease with the officer and director of the Company. The term of new lease is for 12 months with rent at $1,050 per month. If the lease is not laid in cash on a monthly basis, the lease holder may elect to be paid in stock.

NOTE 8 - SUBSEQUENT EVENT

On August 7, 2014 the Company issued a convertible non-interest bearing note for $20,000. Under the terms of the note the holder at their option may convert all or part of the note into common stock of the Company at the average 10 trailing closing pride of the Company’s common stock. At no time can the note holder convert more than an amount greater than 5% of the total outstanding shares of common stock of the Company at the time of conversion.

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

Executive Overview

Aquentium, Inc. is a holding company of six wholly-owned subsidiaries and we have interests in joint ventures, as well as business opportunities related to ozone equipment and structural insulated panels. During the past year, we have actively expanded our focus into providing green technologies and solutions to businesses throughout the world. We are expanding our business in the area of alternative energy and are currently pursuing Waste-to-Energy projects throughout the world as well as the production of algae bio-fuels. We have been focused on bringing Waste-to-Energy solutions to the countries in Europe, South America, Asia and the country of Mexico. Management is very optimistic about the worldwide demand for such technology.

On a daily basis Aquentium plans to sell and market our complete line of ozone sanitation equipment. This technology is designed for use in food processing, beverage processing, hotels, schools, hospitals, and veterinarian clinics. In addition to our distributors, the company also markets directly to these industries.

As of the date of this filing we have minimal operations and have recorded minimal revenues for the past two years. Our focus for the next twelve months will be to obtain additional funding to develop and expand our operations and new projects. Our success will depend on our ability to obtain funding through equity and/or debt transactions. However, with the downturn of the United States and world economies, we will encounter substantial competition for the limited financing that will be available in the market place. If we are unable to obtain financing, then we will likely delay further business development of any of our products, marketing and other projects and joint ventures. Potential investors must recognize that we have limited capital available for the development of our business plan and all risks inherent in a new and inexperienced enterprise are inherent in our plan to launch operations.

In summary, management continues to position the company in a way to best benefit from worldwide economic conditions, trends, events, and demand for new technologies.

Liquidity and Capital Resources

~~From~~As ~~inception~~of ~~(April~~March 3031, ~~2001) to June 30~~2014, ~~2013,~~ we had an accumulated deficit of $34,~~798~~167,~~441~~771. We recorded a net loss of $84 116,~~289~~538 and $~~251~~234,~~281~~030 for the three and ~~nine~~six months ending ~~June~~March 3031, ~~2013~~2014 and $8099,~~680~~767 and $~~245~~166,~~939~~933 for the same periods in ~~2012~~2013. The ~~increased~~ loss in the period ended March 31, 2014 was ~~minimal~~greater to the debt discount being amortized to interest expense in ~~2013~~the ~~over~~amount ~~2012~~of $94,672 in 2014 compared to none in 2013. Based on these numbers there is substantial doubt that we can continue as a going concern unless we obtain external funding. Management plans to continue limited operations until we obtain additional funding to expand our operations.

Working capital is a negative $2302,~~466,182~~003 as of ~~June~~March 3031, ~~2013~~2014 compared to a negative $ 2292,~~289,092~~170 as of September 30, ~~2012~~2013. Cash ~~used~~provided inby operations ~~totaled~~was $~~31,385~~209 during the period ending ~~June~~March 3031, ~~2013~~2014 compared to cash used in operations of $911,~~678~~049 during the same period in ~~2012~~2013. Funds provided from financing activities ~~were~~was ~~$41,397~~zero in ~~2013~~2014 ~~compared~~and to $1251,~~060~~600 in ~~2012. Financing was provided by~~ the ~~sale~~same ofperiod ~~5,000,000 shares of common stock to one individual for $50,000 cash~~ in 2013 ~~less $8,603 paid back to a related party in 2012~~.

During the past two fiscal years we have relied primarily on related party advances and loans and the issuance of our common stock to satisfy our cash requirements. During the nine month period ended June 30, 2013 we have received advances from our President, Mark T. Taggatz, who has a total outstanding balance of $166,594 plus an outstanding balance of $18,037 from Ozone Safe Food, Inc., a related party. The advances are used for operational expenses in the normal course of business. We anticipate that Mr. Taggatz or our affiliates may provide advances in the future; however, we have not entered into written agreements with any person and, therefore, no one is obligated to provide advances to us.13

During the past two fiscal years we have relied primarily on related party advances and loans and the issuance of our common stock to satisfy our cash requirements. During the three month period ended March 31, 2014 our President accrued rent of $4,725 and compensation of $60,000, which was converted into a five year convertible note. We anticipate that Mr. Taggatz or our affiliates may provide advances in the future; however, we have not entered into written agreements with any person and, therefore, no one is obligated to provide advances to us.

Management expects to continue to issue common stock to pay for acquisitions, services and agreements. Any issuance of common stock will likely be pursuant to exemptions to the registration requirements provided by federal and state securities laws. The purchasers and manner of issuance will be determined according to our financial needs and the available exemptions. We do not currently intend to make a public offering of our stock. We also note that if we issue more shares of our common stock our shareholders may experience dilution in the value per share of their common stock.

We intend to rely on debt and equity financing, capital contributions from management and sales of our common stock to pay for costs, services, operating leases, litigation expense and future development of our business opportunities. Accordingly, our focus for the next twelve months will be to obtain additional funding through debt or equity financing, but as of the date of this filing we have not finalized agreements for additional funding. Our success in obtaining funding will depend upon our ability to sell our common stock or borrow on terms that are financially advantageous to us. If we are unable to obtain financing, then expansion of our operations will be delayed and our subsidiaries may remain inactive.

Results of Operations

We recorded no revenue in the three and ~~nine~~six months ending ~~June~~March 3031, 2014 and 2013. The general and administrative expense during the three and ~~nine~~six months ended ~~June~~March 3031, ~~2013~~2014 was $8164,~~279~~492 and $~~242~~133,~~251~~339 compared to $77$96,~~670~~757 and $~~238~~160,~~462~~973 for the same periods in ~~2012~~2013. ~~Management~~ ~~anticipates~~Other ~~our~~expense ~~general~~for the three and ~~administrative~~six ~~expenses~~months ~~will~~ended ~~increase~~March ~~when~~31, we2014 ~~launch~~and ~~full~~2013 ~~operations~~were related tointerest ~~the~~expense ~~business~~due ~~opportunities~~the weamortization ~~are~~of ~~currently investigating. Expenses for~~ the ~~three~~debt ~~and~~discount ~~nine~~to ~~months~~interest ~~ended~~for ~~June 30~~$49,036 ~~2013~~ and ~~2012~~$94,672 ~~were~~plus ~~related~~$3,010 toand ~~accrued salaries payable~~$6,020 ~~interest expense~~ due to ~~outstanding loans and interest related to~~ a legal settlement. Interest expense totaled $952,~~030~~046 and $100,691 for the ~~nine~~three and six months periods ended ~~June~~March 3031, ~~2013~~2014 compared to $3,010 and ~~2012~~$6,020 ~~respectively~~in the same periods in 2013. Management anticipates net losses will continue over the next two to three years as we develop our operations.

Off-Balance Sheet Arrangements

None

Commitments and Contingent Liabilities

Prior to the 2007 year, we leased the Tennant Desert property in North Palm Springs, California. We subleased portions of this building and received rental income from the subleases. Due to a dispute with the landlord of the Tennant Desert property in August 2007, we moved to a new office. As a result of the legal action brought by the landlord, a judgment was filed against Aquentium and we have recognized an accrued a liability of $177,247, plus interest of $6978,~~598~~628 for a total of $~~246~~255,~~845,~~875 related to the judgment awarded to the landlord of the Tennant Desert property.

On July 28, 2009, Aquentium entered into a joint venture agreement with Clinton Jim, an individual, to produce and harvest algae on 475.450 acres of land located near Standing Rock, New Mexico. Mr. Jim agreed to provide the land and Aquentium agreed to secure funding for the proposed budget of $44 million (US) for the development of this project. Under the agreement Aquentium provided an initial capital contribution of $15,000 to secure the use of the land and Aquentium agreed to manage the business operations. Also, Mr. Jim will receive an annual payment of $250,000 once production begins. If Aquentium fails to raise the necessary funding within 24 months of the effective date of the agreement, the joint venture agreement will become void. The joint venture agreement may be terminated by an agreed buyout, or expiration of its term, through July 27, 2108. As of the date of this filing, we have contributed $15,000 to secure the use of the land, but have not raised the necessary funds to move forward with this project. The $15,000 was impaired in the quarter ended December 31, 2011.

On February 2, 2011 the Company entered into agreements with two municipalities in China to convert waste material into energy. Under the terms of the agreement the municipalities would provide the waste material to the Company, land for the Company to build the conversion plant and buy the resulting energy produced from the Company. These projects will require substantial funding which must be arranged and provided by the Company along with the conversion plant construction and operations. As of this date no activity beyond the signing of the agreements has been completed.

On July 21, 2011, the Company entered into a joint venture with a company for construction waste to energy plants in Canada. Under the terms of the agreement the Company is responsible for the design and construction of the plants along with financing 50% of the joint venture. These projects may require substantial funding by the Company before any benefits are derived from the joint venture.

ITEM 3: QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

Not applicable.

ITEM 4: CONTROLS AND PROCEDURES.

Disclosure Controls and Procedures

We maintain disclosure controls and procedures (as defined in Rule 13a-15(e) or 15d-15(e) under the Exchange Act) that are designed to ensure that information required to be disclosed in our filings under the Exchange Act is recorded, processed, summarized and reported within the periods specified in the rules and forms of the SEC. This information is accumulated to allow timely decisions regarding required disclosure. Our Chief Executive Officer, who also acts in the capacity of principal financial officer, evaluated the effectiveness of our disclosure controls and procedures as of the end of the period covered by this report and based on that evaluation he concluded that our disclosure controls and procedures were not effective.

Management’s Report on Internal Control over Financial Reporting

Our management is responsible for establishing and maintaining adequate internal control over financial reporting (as defined in Rule 13a-15(f) under the Exchange Act). Management conducted an evaluation of the effectiveness of our internal control over financial reporting and determined that there were no changes made in our internal control over financial reporting during the first quarter of our ~~2012~~2013 fiscal year that have materially affected or are reasonably likely to materially affect our internal control over financial reporting.

PART II – OTHER INFORMATION

ITEM 1: LEGAL PROCEEDINGS.

None

ITEM 1A: RISK FACTORS.

~~Not~~There ~~applicable~~have been no material changes to Aquentium’s risk factors as previously disclosed in our most recent 10-K filing for the year ending September 30, 2013.

ITEM 2: ~~UNREGISTERED~~ ~~SALE~~SALES OF ~~UNREGISTERED~~EQUITY SECURITIES AND USE OF ~~PROCCEDS~~PROCEEDS.

On February 22, 2013 the Company issued 500,000 shares of common stock with a value of $25,000 ($0.05 per share) for service.

On March 27, 2013 the Company issued 5,000,000 shares of common stock with a value of $50,000 ($0.01 per share) for cash

ITEM 3: DEFAULT ON SENIOR SECURITIES

None

ITEM 43: ~~MINE~~DEFAULTS ~~SAFETY~~UPON ~~INFORMATION~~SENIOR SECURITIES.

Note applicable

ITEM 5: OTHER INFORMATION

None

ITEM 64: ~~EXHIBITS~~ MINE SAFETY INFORMATION.

No.		Description
31.1		Chief Executive Officer Certification and Principal Financial Officer Certification
32.1		Section 1350 Certification

None

ITEM 5: OTHER INFORMATION.

ITEM 6: EXHIBITS.

Exhibit No.		Description
31.1		Chief Executive Officer and Chief Financial Officer Certification

32.1		Section 1350 Certification


101.INS **		XBRL Instance Document

101.SCH **		XBRL Taxonomy Extension Schema Document

101.CAL **		XBRL Taxonomy Extension Calculation Linkbase Document

101.DEF **		XBRL Taxonomy Extension Definition Linkbase Document

101.LAB **		XBRL Taxonomy Extension Label Linkbase Document

101.PRE **		XBRL Taxonomy Extension Presentation Linkbase Document

_____________

** XBRL (Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.

1617

SIGNATURES

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

	AQUENTIUM, INC.
Date: October 3, 2013	By:	/s/ Mark T. Taggatz
Date: October 24, 2014	By:	/s/ Mark T. Taggatz
		Mark T. Taggatz
		President
		Chief Executive Officer
		Principal Financial and Accounting Officer

1718

Filing Compare · AQUENTIUM INC