UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

(Mark One)

x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2011

x	ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
o	For the fiscal year ended March 31, 2012

o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ______________

o	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
o	For the transition period from ____________ to ______________

Commission file number 001-34203

Conforce International, Inc.

(Exact name of registrant as specified in its charter)

Delaware		6898-~~6077093~~0426245
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

51A Caldari Road

2nd Floor

Concord, Ontario L4K 4G3

Canada

(Address of principal executive offices) (Zip Code)

(416) 234-0266

(Registrant’s telephone number, including area code)

Securities registered under Section 12(b) of the Act: None

Securities registered under Section 12(g) of the Act:

Title of each class to be so registered		Name of each exchange on which each class is to be registered
Common stock, par value $0.0001		Over-the-Counter/Pink Sheets

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

Yes o No þ

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.

Yes o No þ

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

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required

to submit and post such files) Yes þ No o

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§ 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. 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. 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 (Do not check if smaller reporting company)	Smaller reporting company þ

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

As of March 31, ~~2011~~2012, there were 160,120,049 shares of our common stock issued and outstanding with a market value of $0.4010 per share as at ~~June~~July 2912, ~~2011~~2012

DOCUMENTS INCORPORATED BY REFERENCE

None.

TABLE OF CONTENTS

ITEM 1. BUSINESS. 3 ITEM 1B. UNRESOLVED STAFF COMMENTS. 9 ITEM 2. PROPERTIES. 9 ITEM 3. LEGAL PROCEEDINGS. 9 ITEM 4. (REMOVED AND RESERVED) ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES. 9 ITEM 6. SELECTED FINANCIAL DATA 10 ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. 10 ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK. 14 ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA. 14 ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE 14 ITEM 9A. CONTROLS AND PROCEDURES. 15 ITEM 9A(T). CONTROLS AND PROCEDURES. 15 ITEM 9B. OTHER INFORMATION. 16 ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE. 16 ITEM 11. EXECUTIVE COMPENSATION. 17 ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS. 17 ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS AND DIRECTOR INDEPENDENCE. 18 ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES. 18 ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES. 18

ITEM 1.	BUSINESS.	3
ITEM 1B.	UNRESOLVED STAFF COMMENTS.	7
ITEM 2.	PROPERTIES.	7
ITEM 3.	LEGAL PROCEEDINGS.	8
ITEM 4.	MINES SAFETY DISCLOSURES	8
ITEM 5.	MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.	8
ITEM 6.	SELECTED FINANCIAL DATA	8
ITEM 7.	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.	8
ITEM 7A.	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.	12
ITEM 8.	FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.	12
ITEM 9.	CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE	12
ITEM 9A.	CONTROLS AND PROCEDURES.	12
ITEM 9A(T).	CONTROLS AND PROCEDURES.	12
ITEM 9B.	OTHER INFORMATION.	13
ITEM 10.	DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE.	13
ITEM 11.	EXECUTIVE COMPENSATION.	14
ITEM 12.	SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS.	15
ITEM 13.	CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS AND DIRECTOR INDEPENDENCE.	16
ITEM 14.	PRINCIPAL ACCOUNTING FEES AND SERVICES.	16
ITEM 15.	EXHIBITS, FINANCIAL STATEMENT SCHEDULES.	16

PART I

ITEM 1. BUSINESS.

BUSINESS DEVELOPMENT

Conforce International, Inc. is a Delaware corporation headquartered in Concord, Ontario, Canada. Unless otherwise noted, references in this 10K report to “Conforce International, Inc.,” “Conforce,” “CFRI,” the “Company,” “we,” “our” or “us” means Conforce International, Inc. Our principal place of business is located at 51A Caldari Road, 2nd Floor, Concord, Ontario L4K 4G3 Canada. Our telephone number is (416) 234-0266.

Management of Conforce has been in the shipping container ~~business~~and ~~repairing, selling~~highway ortrailer ~~storing~~business ~~containers~~ for over 2530 years. The Company has been engaged in the research and development of a polymer based composite ~~shipping~~flooring ~~container~~system ~~and~~engineered ~~highway~~for ~~trailer~~ocean-going ~~flooring~~containers ~~product~~and highway trailers. As a result, the Company has developed EKO-FLOR™. ~~The Company is now outfitting its new manufacturing facility in Peru, Indiana for the production of EKO-FLOR for the North American highway trailer market.~~

EKO-FLOR xcs, the first version of the container product, was officially introduced to the container industry on December 5, 2006 at the 31st annual Intermodal Conference in Hamburg, Germany~~, the world’s leading shipping container event~~. Based on ~~the~~ initial ~~reception~~customer ~~to the composite~~feedback, the Company learned that the industry was interested in a composite alternative, however, the product needed to weigh less than the current wood standard. Based on this feedback, Conforce continued to refine its product and as a result, it was able to introduce a lighter, less expensive version, EKO-FLOR cs-2, in December 2007 at the Intermodal Show in Amsterdam, Netherlands. Based on industry feedback related to the surface coating, the Company continued to develop the product until it was able to officially launch EKO-FLOR cs-4 in December 2008. ~~Conforce introduced its latest light~~Dry-~~weight~~land ~~version~~certification ~~to customers during a series of meetings held in Hamburg, Germany, the location of the 2008 Intermodal Conference. The meetings were scheduled with shipping lines~~ and container lessors who ranked in the top ten in terms of volume purchases of new build containers in their respective business segments. Of the potential customers in attendance, only one had previously conducted dryocean-~~land~~going ~~testing~~trials ofcommenced ~~the EKO-FLOR product at a production facility~~ in ~~China.~~2010 Such testing was conducted using internal methods consistent with random tests conducted on new build containers equipped with wood floors. The companies in attendance were solicited based on their on-going interest in the product and ~~their willingness during 2007 and 2008~~ to-date, ~~provide feedback to Conforce so that~~ the ~~Company could~~results ~~make improvements to the product in the areas~~ of ~~weight and surface coatings. During and following~~ the ~~meetings, orders were placed for ocean-going~~ trials ofhave ~~EKO-FLOR~~surpassed ~~cs-4. (The~~certification ~~difference in the product versions described above has been more fully explained in the Principal Products section of this document)~~requirements.

In 2009, the Company introduced its composite ~~panels~~panel system to the North American highway trailer industry. As a result, the Company entered into discussions with ~~eight of the largest~~ trailer manufacturers in North America. Byand ~~September~~subsequently ~~2009,~~received trial orders for internal platform testing ~~were placed by these manufacturers~~.

Throughout 2009, the Company established its production and development centre in Concord, Ontario, in order to optimize and produce the panels required for trials. EKO-FLOR panels for trailer (EKO-FLOR xts) trials were delivered in January 2010, while container (EKO-FLOR cs4) trial panels were delivered between March and June 2010.

The Company has received positive expressions of interest from its trailer and container customers.

In ~~March~~January 2010, ~~its~~the ~~product~~Company’s container profile was ~~TTMA~~used ~~RP37~~to ~~certified~~determine ~~for~~its ~~use~~ability into withstand static platform testing for highway trailers. The ~~Company’s~~product performed well during third party testing conducted by an original equipment manufacturer. In March 2010, the product was featured at the mid-America Trucking Show in Louisville Kentucky. inBased ~~March 2010 and based~~ on industry feedback from the show, and customer evaluations of EKO-FLOR xts, ~~the Company expects to receive a combination of volume commitments, letters of intent, supply agreements and other similar written commitments. As such,~~ in October 2010 the Company raised, by way of private placement, gross proceeds of $2 million dollars. From these proceeds, the Company purchased a 155,000 square foot building in Peru, Indiana in order to establish its US manufacturing operations for the production of xts highway trailer panels. In February 2011, the Company, by way of private placement, raised an additional $7.5 million dollars to equip its facility in Peru, Indiana. At full capacity, the facility can produce flooring to equip approximately 7060,000 full sized 53’ highway trailers. ~~The~~per ~~Company expects to ramp up production volume in calendar third quarter of 2011 with full production commencing in or around calendar fourth quarter of 2011~~annum. ~~Management~~In ofMarch ~~the Company is satisfied that it is adequately funded to execute the build out and production ramp up~~ of ~~the Peru, Indiana facility, and does not anticipate further funding requirements. As of March 31,~~ 2011, the development centre in Concord was closed in favor of consolidating all development and manufacturing activities in the Peru, Indiana facility. All lease and financial obligations with respect to the closure of the development centre have been satisfied.

Initial production of highway trailer panels commenced in Q3 of calendar 2011, however, the company halted production in Q4 of calendar 2011 in order to introduce a new pressurized manufacturing process. In the first quarter of calendar 2012, the Company embarked on a re-design and re-tooling of its panel in order to improve installation processes and performance characteristics. The Company expects to ramp up production volume in or around August of this year. Management of the Company expects that it has adequate funds to execute the initial ramp up of volume but may require additional funding to complete the build out of the Peru, Indiana facility.

Regarding its container panel, the product has exceeded all dry-land and ocean-going performance requirements. The Company is now in discussions with customers and potential joint venture partners in connection with the establishment of an EKO-FLOR manufacturing facility in China. The Company projects that the amount required to establish a facility in China will be between US $20 and $25 million dollars. Currently, there is no such financing in place and there are no guarantees that the Company will be able to complete a private placement or joint venture partnership under reasonable terms.

~~The~~In ~~Company~~order ~~expects~~to ~~that~~help ~~container~~ensure ~~trials~~the ~~with~~successful ~~two~~commercialization ~~major~~of ~~shipping~~EKO-FLOR, ~~lines~~on ~~will~~February be2, ~~completed~~2009, inthe ~~calendar~~Company ~~2011.~~signed ~~Once~~a ~~trials~~definitive ~~are~~agreement ~~completed~~with ~~and~~Bayer ~~depending~~MaterialScience onLLC (“Bayer”) establishing a strategic partnership between Conforce and Bayer (the ~~outcome~~“Partnership”). ofThe ~~such~~goal ~~trials,~~of the ~~Company~~Partnership ~~intends~~is tothe ~~secure~~successful commercialization of EKO-FLOR ~~cs-4~~through ~~orders~~the ~~for~~use of advanced design and material analysis, efficient production ~~commencing~~practices inthrough oron-going ~~around~~training ~~fourth~~and ~~quarter~~support, ofand ~~calendar~~the ~~2011.~~logistical ~~Provided~~development ~~that~~of a ~~combination~~material ofsupply ~~volume~~chain. ~~commitments,~~Under ~~letters~~the terms of ~~intent~~the Partnership, ~~supply~~Bayer ~~agreements~~will orallocate ~~other~~the ~~similar~~know-how, ~~written~~technical ~~expressions~~expertise ofand ~~interest~~human ~~are~~resources ~~secured~~it ~~and~~deems ~~that~~necessary ~~such~~to ~~commitments~~assist ~~are~~with production in~~-line~~ ~~with~~the ~~Conforce~~Company’s ~~expectations~~USA ~~for~~facility ~~year~~as ~~one~~well as the setup of a production facility in Asia, ~~the~~if/when ~~Company~~necessary. Such assistance will ~~begin~~include the ~~process~~analysis of ~~formalizing~~current ~~the~~Conforce ~~details~~production ofprocesses in order to ensure a ~~financial~~seamless ~~offering~~transition from local single-line production to ~~adequately~~scalable ~~capitalize~~multi-line ~~the~~manufacturing. The ~~establishment~~Partnership further provides that Bayer will ensure that Conforce has access to an adequate supply of aBayer ~~company~~products ~~owned~~for ~~facility~~production inof ~~Asia~~EKO-FLOR. ~~The~~Bayer ~~Company~~has ~~projects~~provided ~~that~~and ~~the~~indicated ~~amount~~that ~~required~~it will becontinue ~~between~~to ~~$20~~provide ~~and~~assistance ~~$25~~to ~~million~~Conforce ~~dollars~~for the commercialization of EKO-FLOR. ~~Currently,~~ The ~~there~~original isterm noof ~~such~~the ~~financing~~Partnership inwas ~~place,~~for ~~although~~a ~~there~~period ~~have~~of ~~been~~one ~~numerous~~(1) ~~discussions~~year ~~with~~and awas ~~number~~subsequently ofextended ~~interested~~to ~~parties. However~~March 14, ~~there~~2014. ~~are~~The noobjective ~~guarantees~~of ~~that~~ the ~~Company~~Partnership ~~will~~remains beto ~~able~~enable Conforce and Bayer to ~~close~~leverage ontheir ~~these~~respective ~~discussions~~strengths ~~under~~while ~~reasonable~~continuing ~~terms~~to work towards the successful commercialization of EKO-FLOR.

The Company has also developed EKO-FLOR ms-1, a composite panel designed specifically for use as shelving in United States Military special application marine container and, the first order from Sea Box for ms-1was received in December of 2008. The order consisted of racking for special application containers and generated $346,211 in revenues for fiscal 2009 and $920,937 in fiscal 2010. Although the initial one-year term of the contract in connection with the sale of ms-1 to the Company’s US military sub-contractor ended in January 2010, the Company expects that should the US military require additional product, the Company would receive ms-1 orders under similar terms and conditions as stated in the original agreement between Conforce and its military sub-contractor, Sea Box.

In order to help ensure the successful commercialization of EKO-FLOR, on February 2, 2009, the Company signed a definitive agreement with Bayer MaterialScience LLC (“Bayer”) establishing a strategic partnership between Conforce and Bayer. The goal of the Partnership is the successful commercialization of EKO-FLOR through the use of advanced design and material analysis, efficient production practices through on-going training and support, and the logistical development of a material supply chain. Conforce will produce or have produced on its behalf EKO-FLOR profiles using Bayer Products (polyurethanes, polyurethane coatings and polyurethane pultrusions). Bayer will receive samples of EKO-FLOR produced by or on behalf of Conforce using Bayer Products for testing, evaluation, determining and making any modifications to Bayer Products which Bayer believes may improve the physical properties, appearance or processing of EKO-FLOR. Bayer will allocate the know-how, technical expertise and human resources Bayer deems necessary to assist with the setup and production of EKO-FLOR trial orders and the establishment of a production facility in Asia, if/when necessary. Such assistance will include the analysis of current Conforce production processes in order to ensure a seamless transition from local single-line production to scalable multi-line manufacturing in Asia. Bayer will ensure that Conforce has access to an adequate supply of Bayer products for production of EKO-FLOR and Bayer has provided and will continue to provide assistance to Conforce for the commercialization of EKO-FLOR. The original term of the Agreement was for a period of one (1) year from the date first written above and was subsequently extended to March 14, 2014. The objective of the partnership remains to enable Conforce and Bayer to leverage their respective strengths while continuing to work towards the successful commercialization of EKO-FLOR.

Conforce and Bayer have collaborated on the design of the special application military container panels, EKO-FLOR xts trailer flooring and cs 4 container flooring. Bayer has contributed its technical expertise in identifying and providing raw materials that will maximize strength, while minimizing weight. The combined collaborative efforts of Bayer and Conforce have been ongoing from July of 2008 through the date of this filing. Bayer’s role in the development of EKO-FLOR has been to optimize the production process, including advice relating to the design of the pultrusion production line and, as previously stated, advice concerning the optimal polyurethane resin mix. Bayer has provided third-party consultants, at its own expense, to design various components of the pultrusion production line. In addition, it has provided Bayer employees at its own cost to act as consultants and attend the Conforce production and development centre in Ontario, and more recently in Peru Indiana, for the purpose of providing advice and assistance in connection with the configuration of the production lines for the mass production of EKO-FLOR panels. Bayer has provided economic assistance to Conforce in two ways: (1) Bayer has incurred the cost of certain components and raw materials used in the production process as well as certain development costs associated with the production of the special application military container panels; and (2) as previously stated, Bayer incurred the cost of certain third-party consultants and provided Bayer employees at its own cost to act as consultants. There are no specific agreements in place pertaining to the provision of any additional economic assistance by Bayer to Conforce in the future. Although it is likely that Bayer will provide similar economic assistance in the future, it is not possible to predict the precise nature of such assistance at this time.

PRINCIPAL PRODUCTS

In ~~calendar 2011~~2012, the Company’s primary focus ~~continues~~has tobeen ~~be on~~ the production and commercialization of ~~ISO1496~~EKO-FLOR container and ~~TTMA~~trailer ~~RP37~~flooring ~~certified~~systems. As ~~container~~a ~~and~~result of the trailer ~~flooring~~panel ~~systems,~~re-design ~~EKO~~and re-~~FLOR~~tooling, commercialization has been delayed, however, management of the Company expects to ramp up production in August of 2012.

With the successful testing and certification of the flooring system to-date and the resultant positive response from potential customers, the Company is focusing its attention on the three EKO-FLOR products, as described below. Consequently, effective July 1, 2010, the Company sold its 50.1% interest in the container terminal business (“Conforce 1”) to Marino, Kulas, CEO of Conforce International Inc, (“Purchaser”) for the sum of $417,989 (CAD $445,000). Consideration was the reduction of amounts the Company owes to related parties, specifically Marino Kulas and Tony Kulas. The Purchaser assumed certain property and equipment leases and all obligations related to the container terminal business. In addition the Purchaser personally indemnified the Company with respect to any claims or demands applicable to the container terminal business.

EKO-FLOR is a composite flooring system designed to replace plywood flooring in shipping containers and highway trailers.

EKO-FLOR cs-4 was designed throughout 2008 as a result of evaluations and suggestions by container industry participants. The product meets specified requirements in terms of the weight and forces exerted on the product before failure occurs (“load bearing” or “load bearing properties”). The product ~~was~~has ~~tested~~been certified by the American Bureau of Shipping, Bureau Veritas and Lloyd’s Register using standardized testing procedures for shipping containers.

EKO-FLOR ms-1 has been developed as a load bearing shelving system for use in special application United States military containers. Production of the ms-1 panels was initially sub-contracted to a facility in Quebec, Canada, however, should future orders be received, then production would shift to the Company’s facility in Peru, Indiana.

EKO-FLOR xts is a variation of the cs-4 substrate developed for the highway trailer industry. The product’s performance characteristics are ~~identical~~similar to those of the container industry panel, however, the trailer profile consists of ~~minor~~ structural changes and will initially be available in ~~both~~a 12 ~~and 24~~ inch panel ~~configurations~~format. The product ~~has~~is ~~been~~being ~~independently~~tested ~~certified~~ using standardized ~~testing~~compliancy procedures as established by the Truck and Trailer Manufacturer’s Association (TTMA ~~RP37~~).

PRINCIPAL COMPETITIVE STRENGTHS

The primary competitive strengths ~~for~~of ~~the~~ EKO-FLOR ~~division~~are isas its intellectual property in the form of the pending patents on its products and its manufacturing and industry know-how with respect to container and transportation flooring business. Conforce has a strong relationship with its project partner Bayer MaterialSciences and continues to expand and build relationships with potential customers of its EKO-FLOR products.follows:

The product is engineered to replace the outmoded hardwood flooring currently employed by the container and trailer industries. As a result of the Company’s proprietary manufacturing process, EKO-FLOR is lighter, stronger and more durable than wood. The product possesses superior quality and performance characteristics including complete resistance to stains, odors, absorption of oil or liquid chemicals, microbial and insect attack. Unlike wood, EKO-FLOR will not delaminate.

PRINCIPAL CHALLENGES

~~One~~The ~~of the~~ principal challenges faced by EKO-FLOR was the upfront premium container manufacturers faced in comparison to the current product. This hurdle was significant when the product was first introduced to the industry in 2006; however, the Company has been able to decrease the product price by over $200 per 20 foot container. The current premium represents an increase of approximately 10% or $ 250 to the total price of a 20 foot equivalent container. The Container manufacturers are ~~expected~~as ~~to re-coup this premium with reduced life-time cost of operation for the containers.~~follows:

5The product carries an upfront premium over existing wood flooring in containers and trailers. Although EKO-FLOR reduces the total cost of ownership over the primary service life of both containers and trailers, the up-front premium poses an initial challenge, particularly in the container division. Notwithstanding this premium, management of the Company is confident that the product will be commercialized in both the container and trailer industries

~~Another~~The ~~challenge~~Company may also face potential delays in terms of first orders, or if this is not the case, the Company ~~will~~may face ~~will~~delays bein ~~the~~fulfilling ~~establishment~~those oforders. aWhile ~~manufacturing~~the ~~facility~~interest in ~~China~~the industry has been extremely positive, customers currently using wood products may still be inclined to use existing known materials. For ~~The~~those ~~Company~~customers that do place orders, there will ~~need~~be a requirement to ~~rely~~manage onexpectations ~~strategic~~regarding ~~partnerships~~delivery ~~with~~schedules. To-date, ~~entities~~large ~~having~~continuous ~~expertise~~volumes asof itEKO-FLOR ~~relates~~have tonot ~~business~~been manufactured and ~~production~~there ~~practices~~will likely be challenges in ~~China~~fulfilling first orders.

The Company may ~~also~~ face ~~potential~~challenges ~~delays~~should ~~in terms of first orders, or if this is not~~ the ~~case,~~need ~~the~~arise ~~Company~~to ~~may~~establish ~~face~~a ~~delays~~manufacturing infacility ~~fulfilling those orders. While the interest~~ in ~~the industry has been extremely positive, customers currently using wood products may still be inclined to use existing known materials~~China. ~~For~~ ~~those~~The ~~customers~~Company ~~that do place orders, there~~ will beneed ~~a requirement~~ to ~~manage~~rely ~~expectations~~ on ~~delivery. Large~~strategic ~~continuous~~partnerships ~~volumes~~with ofentities ~~EKO-FLOR~~having ~~have~~expertise ~~not~~as ~~been~~it ~~manufactured~~relates ~~and~~to ~~there~~business ~~will~~and ~~likely~~production bepractices ~~some challenges~~ in ~~fulfilling the first orders~~China.

GROWTH STRATEGIES

Expansion for Conforce is expected to come primarily from sales of EKO-FLOR cs-4 and xts in ~~2011~~calendars 2012, 2013 and beyond where the Company believes that significant growth potential exists with the introduction of composite flooring to the transportation industry.

~~Should~~The ~~the container industry in 2011 collectively produce one half of its 2007 new build volume of 3.9 million twenty foot equivalent containers (TEU), the~~ Company ~~would~~expects ~~still experience significant growth assuming it is able~~ to ~~secure~~ramp-up ~~and~~production produce projected orders of approximately 60,000 TEU or approximately 3% of total new build volume. It is important to note that in the event the outcome of the trials are successful and if the Company receives from its ~~customers~~manufacturing ~~written~~facility ~~orders~~ in ~~the~~Peru, ~~amount~~Indiana ~~mentioned~~in ~~above,~~August ~~then~~2012. ~~the~~The Company also intends to establish an EKO-FLOR manufacturing facility in China. To do so, the Company estimates that it would require financing of ~~approximately~~between $USD 20 to 25 million. Currently, there is no such financing in place, nor are there any preliminary or final term sheets or agreements in place in support of such financing. ~~If and when Conforce receives such written orders, it is at that time that various financing avenues will be considered such as private placements or public offerings.~~

~~In advance of production orders for cs~~To-4date, the Company has received small initial orders from a US manufacturer of highway trailers for its xts EKO-FLOR xts trailer product. The Company believes that once its facility in Peru Indiana is ~~equipped~~re-tooled ~~and established with its initial production lines, currently estimated~~ to beaccommodate ~~completed~~the ~~during~~requirements ~~third quarter~~ of ~~calendar~~the ~~2011~~trailer manufacturers, it will receive ~~orders~~OEM ~~from~~and ~~numerous~~fleet ~~highway~~orders ~~trailer manufacturers~~ in the United States. Notwithstanding management’s projections and expectations, there are no assurances that these orders will be received.

The Company ~~has~~intends ~~entered~~to develop flooring for the ~~North~~Cruise ~~American~~Line ~~highway~~industry ~~trailer~~and ~~market~~has had preliminary discussions with certain cruise lines and ship manufacturers. The Company expects to produce a ~~similar~~prototype panel for use as a replacement for teak wood and other flooring ~~product~~materials currently used on cruise ships. The ~~North~~Company ~~American~~does ~~trailer~~not expect to provide product, ~~EKO-FLOR~~if ~~xts~~at all, for istesting ~~currently~~by in the ~~production~~cruise ~~stage~~line ~~and~~industry ~~once~~until ~~fully~~2013. ~~ramped~~Total ~~up,~~cost ~~the~~of ~~Company~~entry ~~expects~~into the ~~Peru~~decking ~~Indiana~~market ~~facility~~for tocruise belines ~~able~~is tounknown ~~produce~~at ~~flooring~~this time, however, the Company intends to ~~equip~~use ~~approximately~~net ~~70,000~~proceeds ~~full~~from ~~sized~~the ~~53’~~sale ~~highway~~of ~~trailers~~EKO-FLOR ~~per~~xts ~~year~~for the development of the marine product.

The Company ~~intends~~plans to develop a flooring ~~for~~application ~~the~~designed ~~Cruise~~for use ~~Line~~on ~~industry~~docks ~~and~~as ~~has~~a ~~had~~replacement ~~preliminary~~for ~~discussions~~wood ~~with~~experiencing ~~certain~~delamination ~~cruise~~as ~~lines~~a ~~and~~result ~~ship~~of ~~manufacturers.~~continued ~~The~~exposure ~~Company~~to ~~expects~~water, tosunlight ~~produce~~and ageneral ~~prototype~~weather ~~panel~~elements. ~~for~~EKO-FLOR ~~use~~decking aswould ahave ~~replacement~~similar toproperties ~~teak~~as ~~wood~~those ~~currently~~found ~~used~~in onEKO-FLOR ~~cruise~~cs-4 ~~ships.~~and ~~The~~ms-1 ~~Company~~but ~~does~~would not ~~expect~~require tothe ~~provide~~same ~~product,~~load ifbearing atstrength ~~all, for~~characteristics. ~~testing~~The byCompany ~~the~~is ~~cruise~~currently ~~line~~in ~~industry~~discussions ~~until~~with ~~2012.~~a ~~Total~~US ~~cost~~Distributor ofactively ~~entry~~engaged ~~into~~in the ~~decking~~US ~~market~~dock ~~for~~industry. ~~cruise~~Notwithstanding ~~lines~~these ~~is unknown at this time~~discussions, ~~however,~~ the Company ~~intends~~does tonot ~~use~~expect ~~net~~to ~~proceeds~~generate revenue from ~~the~~this ~~sale~~market ofuntil ~~EKO-FLOR~~Calendar ~~xts for the development of the product~~2013.

In 2012, the Company plans to develop a residential flooring application that will further contribute to the development of the EKO-FLOR brand and will enable the Company to capitalize on the significant “do-it-yourself” home and cottage renovation market. The product will be designed for use on docks as a replacement for wooden docks suffering deterioration due to continued exposure to water, sunlight and general weather elements. EKO-FLOR decking would have similar properties as those found in EKO-FLOR cs-4 and ms-1 but would not require the same load bearing strength characteristics.

DISTRIBUTION METHODS

The Company intends to sell its products directly to International shipping lines and trailer manufacturers for use in newly manufactured containers and trailers through, ~~either~~ its internal sales staff, broker/selling agents , and military contractors (of which it has one in the USA, Sea Box). The Company has also initiated discussions with after-market distributors and suppliers ~~for~~which ~~use~~would inaddress repair and re-conditioning applications.

INDUSTRY OVERVIEW

According to the World Shipping Council, there were 3.05 million new containers manufactured in ~~2010~~2011. Volume in 2012 is projected to be slightly softer while 2013 volume is projected to reach 3,800,000 – 4,000,000 TEU. (1).

~~Containers~~The majority of containers are currently equipped with floors made from tropical hardwoods, the most common being Apitong. The container industry is ~~aggressively~~actively seeking a viable alternative to hardwood. (2)

~~Regarding~~According ~~the~~to ~~current~~a ~~state~~blended offorecast ~~the~~from ~~shipping~~FTR ~~container~~Associates ~~industry~~and ACT Research, new build trailer volume infor ~~2011~~calendar 2012 is ~~projected~~expected to reach ~~3.5~~220,000 ~~million~~units ~~20 foot equivalent containers (TEU)~~ while new build trailer volume in ~~2012~~2013 is projected to increase toby approximately 412% ~~million~~or ~~TEU~~30,000 units to 250,000 units. (3)

~~According to a report published on December 8, 2008 by Deutsche Bank Research~~ (51), Source: ~~the~~World ~~long-term~~Shipping ~~prospects~~Council ~~for~~Review ~~container~~dated ~~shipping~~May, ~~are favorable~~2012. ~~The~~Available ~~report states that “Despite the current economic slowdown, container shipping is expected~~ to ~~continue~~subscribers ~~to be a growth sector (+7 to 8% p~~only.a. until 2015).” The report states that while it expects significant problems for shipping companies in the short-term as a result of over-capacities and declining freight and charter rates, the medium and long-term prospects remain intact. The report concludes although “the crisis is severe, there is no reason [for the industry] to panic.”

According to FTR Associates, new build trailer volume for calendar 2011 is expected to reach 220,000 units while new build trailer volume in 2012 is projected to increase by approximately 12% or 30,000 units to 250,000 units.

(1) Source: World Shipping Council Review dated May, 2011. Available to subscribers only.

(2) Source: World Cargo News article titled “Floors – the container’s Achilles Heel,” dated January, 2007. Available to subscribers only; however, excerpts are available online at no charge.

(3) Source: ~~World~~FTR ~~Shipping~~Associates ~~Council~~and ~~Review~~ACT Research dated May 8, ~~2011~~2008. Available to subscribers only.

(4) Source: Deutsche Bank Research article titled “Prospects for container shipping industry,” dated December 8, 2008. Available to the public at no charge.

PRODUCT DEVELOPMENT

The Company has developed a composite container flooring product as an alternative to the wood flooring currently used in the majority of containers in circulation. The Company has produced trial panels for ~~three~~ shipping lines, ~~eight~~ trailer manufacturers and ~~one transport company~~fleets. The Company expects that further trailer evaluations and ocean-going trials will be completed during calendar ~~2011~~2012.

The Company has developed EKO-FLOR ms-1, a composite shelving system designed for use in special application military containers. The Company received an order from its US military contractor to equip over 5,000 special application US military containers with EKO-FLOR ms-1. The first order generated annual revenues for Conforce in excess of $1 million. At this time, the Company has not received a follow-up order from its military sub-contractor, however, it expects that if the US Military orders additional special application containers, that it will again be the recipient of the contract from its military sub-contractor, Sea Box.

COMPETITION

The Company is competing for a share of the container and trailer flooring markets that are currently dominated by the use of hardwood such as apitong, birch/larch, and laminated oak. The Company is unaware of any other hardwood on the market that meets the strength requirements of ocean-going containers and highway trailers. ~~The customers being targeted are international shipping lines utilizing ocean-going containers and trailer manufacturers producing trailers for both the North American and international markets.~~

Singamas, a container manufacturer, has developed a variation of a composite floor that it is currently being tested although the base composition is currently unknown to Conforce.

7In 2007, BASF, a chemical company, developed a prototype polymer/bamboo mix composite flooring product however, according to the 2011 Container Owner’s Association report on flooring, BASF has abandoned the project.

~~BASF~~The ~~has~~Company ~~developed~~believes that CIMC, a ~~prototype~~container manufacturer, is in the research and development stage of a polymer~~/bamboo~~ ~~mix~~based composite ~~flooring~~panel, ~~product;~~ however, the Company is unaware ofif ~~any~~their ~~industry~~efforts ~~trials~~will ~~currently~~lead into ~~place~~a orcost-effective, ~~scheduled~~certifiable product.

AIn ~~prototype~~2010, ~~panel~~MCID ~~has~~entered ~~been~~into ~~developed~~a ~~using~~joint venture to produce a ~~process~~panel ~~that~~made ~~compresses~~of compressed wood and waste plastics (WPC). ~~however,~~The ~~the~~ Company ~~believes~~is aware that asthey ahave ~~stand-alone~~recently ~~product,~~commenced ~~WPC~~production ~~panels~~and docurrently ~~not~~have ~~possess~~units ~~the~~in ~~structural~~regular ~~strength~~service towith ~~achieve~~a ~~ISO1496-1~~division ~~load certification. The Company is also unaware~~ of ~~any~~their ~~ocean-going~~parent ~~trials~~company, ~~currently being conducted by shipping lines~~Maersk.

Havco produces a composite coated wood product for the highway trailer industry. The coating is approximately 1mm thick while the remainder of the panel, approximately 27mm, is wood. This differs from EKO-FLOR panels for both containers and highway trailers as the EKO-FLOR composite flooring system is 100% wood-free.

PATENTS, TRADEMARKS, LICENSES, FRANCHISES, ROYALTY AGREEMENTS

Patents

As it relates to EKO-FLOR composite panels for containers and highway trailers, the Company’s trademark ~~agent~~and patent legal counsel, Blakes Cassels & Graydon of Toronto, Ontario, has filed apatent ~~provisional~~applications ~~patent~~in ~~with~~all significant territories in which the ~~United~~Company ~~States~~foresees ~~Patent~~manufacturing ~~and~~or ~~Trademark~~selling ~~Office~~EKO-FLOR including the U.S., ~~The~~China, ~~Company~~European ~~is currently~~Union, ~~preparing similar~~Asia, ~~patent~~South ~~applications~~America ~~for~~and ~~filing~~Australia. All applications are in ~~Canada~~good ~~and~~standing. ~~throughout~~A ~~Europe~~Utility ~~and~~model ~~Asia~~has been granted in Germany.

Pursuant to the Letter of Agreement in Connection with the Strategic Partnership Between Conforce International, Inc. and Bayer MaterialScience LLC, Conforce will retain all of its rights, including patent rights, to EKO-FLOR and to any developments made solely by Conforce during the course of the strategic partnership. Moreover, Bayer will retain all of its rights, including patent rights, to the materials, compositions and formulations developed and/or supplied hereunder and to any other developments made solely by it during the strategic partnership.6

Pursuant to the Letter of Agreement in Connection with the Strategic Partnership between Conforce International, Inc. and Bayer MaterialScience LLC, Conforce will retain all of its rights, including patent rights, to EKO-FLOR and to any developments made solely by Conforce during the course of the strategic partnership. Moreover, Bayer will retain all of its rights, including patent rights, to the resin materials, compositions and formulations developed and/or supplied hereunder and to any other developments made solely by it during the strategic partnership.

In the near future, Conforce and Bayer intend to enter into a definitive agreement pertaining to the intellectual property rights relating to products that are jointly developed. Pursuant to this agreement, Conforce and Bayer will equally share the ownership of all inventions created by both parties. Furthermore, all costs related to the procurement of patent protection and any royalties or other forms of revenue derived there from, will be shared equally between the two parties.

Trademarks

The Company’s ~~trademark agent~~ has ~~submitted~~registered the EKO-FLOR trademark ~~applications~~ in ~~the~~each ~~USA,~~of Canada, U.S. China and ~~with~~ the European ~~member~~ ~~states~~Union. ~~To-date, the trademark has been granted in China.~~

Licenses, Royalties and Supply Agreements

In ~~2005~~2006, the Company entered into an Extrusion Supply Agreement with Royal Group Technologies. ~~However, since the execution of the aforementioned agreement, the Company has elected to use pultrusion technology as opposed to extrusion technology~~Limited. ~~Although~~In ~~the agreement has not been formally terminated~~2006, ~~the~~Royal ~~Company~~Group ~~has~~Technologies noLimited ~~plans to produce its EKO-FLOR product using extrusion technology. A termination fee~~ was ~~not~~acquired ~~paid~~ by ~~Conforce~~Georgia ~~and~~Gulf ~~the~~Corporation. ~~agreement~~On ~~has~~June ~~expired~~29, ~~under its natural terms and conditions in December 2010. In 2008~~2012, ~~the Company entered into~~ a ~~licensing~~formal ~~agreement~~notice ~~regarding the use~~ of ~~various~~termination ~~patented~~was ~~technologies~~issued ~~pertaining~~ to ~~equipment~~Georgia ~~and~~Gulf ~~processes being relied upon in connection with the manufacturing of EKO-FLOR~~Corporation. ~~However, the Company has since altered its equipment and production processes and as such, will no longer rely on the technologies provided for in the aforementioned license agreement.~~

In 2008, the Company entered in to a license that provided access to certain patents and applications owned by Mastercore System Ltd., all of which have since been abandoned. Conforce has developed its own intellectual property which is more fully described above under the heading "Patents"

EMPLOYEES

Conforce currently employs 1511 fulltime employees. This is ana ~~increase~~decrease from the 1115 that were employed inby the ~~EKO-FLOR~~Company ~~division~~ in the prior year.

REGULATORY MANDATES

No industry specific governmental approvals are ~~needed~~required for the operation of the Company’s businesses. Confirm if approvals are required for the operation in Peru.

REPORTS TO SECURITY HOLDERS

The Company will make available free of charge any of its filings as soon as reasonably practicable after it has electronically filed these materials with, or otherwise furnished them to, the Securities and Exchange Commission (“SEC”). The Company is not including information contained on its website as part of, or incorporating it by reference into, this Form 10K.

The public may read and copy any materials the Company files with the SEC at the SEC’s Public Reference Room at 100 F Street, NE, Washington, DC 20549. The public may obtain information on the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0030. The SEC maintains an Internet site (http://www.sec.gov) that contains reports, proxies and information statements and other information regarding issuers that file electronically with the SEC.

ITEM 1B. UNRESOLVED STAFF COMMENTS.

Not applicable as Conforce is a smaller reporting company.

ITEM 2. PROPERTIES.

The Company’s headquarters are located at 51A Caldari Road, 2nd Floor, Concord, Ontario L4K 4G3, Canada. The annual lease cost of these premises is $5150,~~017~~233. In October of 2010, the Company purchased a 155,000 square foot facility in Peru, Indiana for the production of highway trailer panels. The Company leased a 13,400 sq.ft production and development centre located at 111 Romina Drive in Concord, Ontario. The annual lease cost of these premises was $159,600. As of March 31, 2011, the development centre in Concord was closed in favor of consolidating all development and manufacturing activities in the Peru, Indiana facility. All lease and financial obligations with respect to the closure of the development centre have been satisfied.

ITEM 3. LEGAL PROCEEDINGS.

The Company is not a party to any litigation and, to its knowledge, no action, suit or proceeding has been threatened against the Company. There are no material proceedings to which any director, officer or affiliate of the Company or security holder is a party adverse to the Company or has a material interest adverse to the Company.

ITEM 4. MINE SAFETY DISCLOSURES

None; not applicable

PART II

ITEM 5. MARKET FOR REGISTRANTS’ COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.

Conforce is a publicly traded company listed on the OTC:BB and on the OTC:QB under the trading symbol “CFRI.” The Company’s common stock has traded on the OTC Markets of the National Quotation Bureau under the symbol CFRI since September 15, 2005. The following table sets forth the high and low sale prices for the Company’s common stock for the periods indicated. The prices below reflect inter-dealer quotations, without retail mark-up, mark-down or commissions and may not represent actual transactions.

March 31, 2011	Low price		High price
March 31, 2012	Low price		High price
Year ended	$	0.1220	$	0.6149
Quarter ended	$	0.3721	$	0.5925

HOLDERS OF RECORD

The Company has 7972 registered shareholders of record.

DIVIDEND POLICY

The Company has never declared or paid any cash dividends on its common stock and it does not anticipate paying any cash dividends in the foreseeable future. The Company currently intends to retain future earnings, if any, to finance operations and the expansion of its business. Any future determination to pay cash dividends will be at the discretion of the Board of Directors and will be based upon the Company’s financial condition, operating results, capital requirements, plans for expansion, restrictions imposed by any financing arrangements and any other factors that the Board of Directors deems relevant.

SECURITIES AUTHORIZED FOR ISSUANCE UNDER EQUITY COMPENSATION PLANS

None.

UNREGISTERED SALE OF SECURITIES

None.

ISSUER PURCHASES OF EQUITY SECURITIES

None.

ITEM 6. SELECTED FINANCIAL DATA.

Not applicable as Conforce is a smaller reporting company.

ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

~~Safe Harbor Act Disclaimer for Forward-Looking Statements~~8

Certain statements in this document may contain words such as “anticipates,” “believes,” “could,” “estimates,” "expects," "intends," “may,” “projects,” “plans,” “targets” and other similar language and are considered forward-looking statements. These statements are based on management’s current expectations, estimates, forecasts and projections about the success of its container terminal operations, its newly developed container and trailer flooring products, as well as certain other composite based flooring products in various stages of development. These forward-looking statements are subject to important assumptions, risks and uncertainties which are difficult to predict and therefore the actual results may be materially different from those discussed.

OVERVIEW

Since the sale of the terminal operations in July of 2010, the Company ~~now~~ operates inas a single business unit focused on two primary markets;: Container Flooring and Trailer Flooring. EKO-FLOR is organized as Conforce Container Corporation (“CCC”), a 100% owned subsidiary of the Company with manufacturing operations in the US organized as Conforce USA, Inc. (CUI) a wholly owned subsidiary of Conforce International, Inc. The CCC subsidiary is responsible for the research and development of EKO-FLOR products while CUI is responsible for the manufacturing, sales and marketing of the Company’s EKO-FLOR products. Operations for CCC during the reportable periods to date have been primarily research and development with limited revenues derived from trial panel sales during the product testing stages. Its EKO-FLOR products have evolved systematically with various refinements, as previously noted, based on industry standards and various feedback received. Accordingly, though in the development stage and having generated no revenue to date, Conforce ~~has~~Group ~~informed shipping lines, leasing companies and trailer manufacturers~~ of ~~its~~Companies ~~product, EKO-FLOR, and the Company~~ is ~~optimistic~~organized ~~about its prospects due to the fact that it has been, and continues to be tested by various trailer manufacturers and shipping lines and has received independent certification~~ as ~~set forth in the Truck and Trailer Manufacturers Association guidelines.~~follows:

AnConforce ~~advisory~~Container ~~agreement~~Corporation ~~between Worldwide Associates, Inc.~~ (“~~Advisor~~CCC”) ~~and Conforce is in place and as such~~, ~~Advisor~~an ~~has~~Ontario ~~and continues to provide the Company with advisory services as it relates to general business items such as sales~~Corporation, marketing, financing, infrastructure enhancements and public company management. Alexander P. Haig, Managing Director of Advisor has attended customer meetings with executives from Conforce, including various meetings held in Hamburg, Germany in December 2008. Pursuant to the agreement, Advisor is toa ~~provide~~wholly-owned ~~Conforce~~subsidiary ~~consultation services and advice regarding general corporate strategy, new business development, potential acquisitions or partnerships and financial strategies. The term~~ of the ~~agreement~~Company iswhich ~~in effect until April 2, 2010 and~~ is ~~renewable~~responsible ~~upon mutual agreement by the parties~~ for ~~additional one-year periods. The agreement may be terminated by either party upon 90 days written notice to~~ the ~~other~~research ~~party. Conforce~~and ~~agrees~~development ~~to compensate Advisor for its services by distributing to Advisor one percent (1%)~~ of ~~all gross revenues derived from transactions in which Advisor’s involvement or introduction results in the sale of services or products of Conforce, including~~ EKO-FLOR. Conforce will reimburse Advisor for any extraordinary expenses and Advisor agrees not to disclose any confidential or proprietary information owned by, or received by or on behalf of Conforce. To date, no fees have been paid by Conforce to Advisor under this agreement.products;

10Conforce USA, Inc. (“CUI”), a Delaware corporation, is a wholly-owned subsidiary of the Company. CUI is responsible for the manufacturing, sales and marketing of the Company’s EKO-FLOR products in the United States;

Conforce Holdings, Inc. (“CHI”), a Delaware corporation, is a wholly-owned subsidiary of the Company. CHI owns the land and building used by CUI for the manufacture of EKO-FLOR in Peru, Indiana.

CCC during the reportable periods to date has been primarily research and development with limited revenues derived from trial panel sales during the product testing stages. Its EKO-FLOR products have evolved systematically with various refinements, as previously noted, based on industry standards and feedback received from trials. Accordingly, the Company remains optimistic about its ability to penetrate both the container and trailer markets.

PLAN OF OPERATIONS

In fiscal ~~2012~~2013, the Company’s primary focus will be on the commercialization of EKO-FLOR. ~~Accordingly, the Company intends to pursue opportunities as they relate to the aforementioned EKO-FLOR products (as fully described below).~~ Expansion for Conforce is expected to come primarily from sales of EKO-FLOR cs-4 and xts in calendar 2012, 2013 and beyond where the Company believes that significant growth potential exists with the introduction of composite flooring to the transportation industry.

~~Should~~The ~~the container industry in 2011 collectively produce one half of its 2007 new build volume of 3.9 million twenty foot equivalent containers (TEU), the~~ Company ~~would~~expects ~~still experience significant growth assuming it is able~~ to ~~secure~~ramp-up ~~and~~production ~~produce projected orders~~ of ~~approximately~~its ~~60,000~~EKO-FLOR ~~TEU~~xts ortrailer ~~approximately~~panels 3%at ofits ~~total~~manufacturing ~~new~~facility ~~build volume. It is important to note that~~ in ~~the~~Peru, ~~event~~Indiana ~~the outcome of the trials are successful and if the Company receives written orders from its customers~~ in ~~the~~August ~~amount~~2012. ~~mentioned~~The ~~above, then the~~ Company also intends to establish an EKO-FLOR manufacturing facility in China. To do so, the Company would require financing ofbetween ~~approximately~~USD $20 - 25 million. Currently, there is no such financing in place, nor are there any preliminary or final term sheets or agreements in place in support of such financing. ~~If and when Conforce receives such written orders, it is at that time that various financing avenues will be considered such as private placements or public offerings.~~

EKO-FLOR cs-4: The Company expects that trials with two major shipping lines will be completed in or around October 2011. Once trials are completed and depending on the outcome of such trials, the Company intends to secure EKO-FLOR cs-4 orders for production commencing in or around calendar second quarter 2012. Provided that a combination of volume commitments, letters of intent, supply agreements or other similar written commitments are secured and that such commitments are in-line with Conforce expectations of approximately 60,000 TEU for year one production, then the Company will begin the process of formalizing the details of a financial offering to adequately capitalize the establishment of a company owned facility in Asia. The Company projects that the amount required will be approximately $ 25 million dollars. Currently, there is no such financing in place, nor are there any preliminary or final term sheets or agreements in place in support of such financing. At such time as the Company receives volume indications and commitments as described above, then various funding options such as private placements, public offerings, debt financings, or a combination thereof, will be considered. However, there are no guarantees that the Company will be able to obtain such funding under reasonable terms, if at all.

EKO-FLOR ms-1: EKO-FLOR ms-1 is a variation of the cs-4 container flooring panel designed for use as load bearing shelving panels in special application military containers. Although the initial one-year term of the contract in connection with the sale of ms-1 to the Company’s US military sub-contractor ended in January 2010, Conforce expects that should the US Military require additional product, the Company would receive ms-1 orders under similar terms and conditions as stated in the original agreement between Conforce and its military sub-contractor.

EKO-FLOR xts:

In August 2010, Conforce announced that the Company’s security was cleared for listing on both the over-the-counter bulletin board (OTCBB) and over-the-counter quotation board (OTCQB).

LIQUIDITY AND CAPITAL RESOURCES

~~During~~In the prior fiscal year the Company raised $9.5 million gross proceeds from two private placements. During the third quarter of fiscal 2011, the Company issued 13,333,334 common shares at $0.15 per share for gross proceeds of $2,000,00000. A ~~finder’s~~commission ~~fee~~of $120,005 was paid, which resulted in net proceeds of $1,879,995. During ~~the~~fiscal fourth quarter of 2011, the ~~company~~Company issued 26,785,715 common shares at $0.28 per share for gross proceeds of $7.5 million. A ~~finder’s~~commission ~~fee~~ of $750,000 and legal fees of $5,000 resulted in net proceeds of $6,745,000. In addition there were 2.,678,512 broker warrants issued with an exercise price of $0.28 per share.

During the fiscal year ended March 31, 2012, the Company used a portion of these proceeds to equip the manufacturing facility in Peru, Indiana; hire and train new personnel; and conduct production runs for initial commercial orders. During this period, the Company identified technology related issues with its trailer panel that have resulted in a re-design and re-tooling of the production die profiles in order to satisfy customer requirements. As at March 31, ~~2011~~2012, the Company had $6.1.4 million in available cash. ~~available~~In an effort to preserve cash and reduce overhead costs during the re-design and re-tooling period, the Company reduced staffing levels at the Peru facility and implemented temporary salary and wage reductions for the remaining staff. Management expects to reinstate the original salary and wage levels once production begins to ramp up in or around August 2012. The Company believes that itas ~~has~~a ~~sufficient~~result ~~funds~~of the reductions in overhead that have been initiated, combined with the available cash on hand, and projected sales, the Company will have sufficient funds to operate for the next 12 months. However, should these sales not materialize, the Company will need to consider alternate sources of funding through private equity placement, debt financing instruments, or joint venture partnerships in order to operate beyond calendar 2012. Currently, there is no such financing in place, nor are there any preliminary or final term sheets or agreements in place in support of such financing.

The Company intends to raise, either through a Public Offering of its securities, a Private Placement, the use of Debt financing instruments, or combination thereof, the capital required for the establishment and operation of multi-line EKO-FLOR manufacturing facility in China, which is currently estimated to be approximately $ 25 million. The company will make the decision in terms of the establishment of this production facility at such time as volume commitments, letters of intent, supply agreements or other similar written commitments are secured with shipping lines, leasing companies, and container manufacturers.9

The Company does not ~~currently~~ have any outstanding lines or letters of credit. Conforce ~~does~~has ~~have~~ a business development loan through a government sponsored program in the amount of $~~250~~178,~~000~~651 payable over 10 years from the date of issuance (due January 2019). The loan was made through the small business development loan program (SBL) and is limited in its use to the ~~purchases~~purchase of equipment. Under the rules governing SBL’s, in the event the Company defaults on the loan, the Company is only responsible for repayment of an amount equal to 25% of the total funds advanced, of which 10% has already been provided by the Company by way of down payment on the loan.

RESULTS OF OPERATIONS

YEAR ENDED MARCH 31, ~~2011~~2012 COMPARED WITH THE YEAR ENDED MARCH 31, ~~2010~~2011

Revenues for the year ended March 31, ~~2011~~2012 were $~~305~~107,~~824~~122 compared with $~~920~~305,~~937~~824 for the year ended March 31, ~~2010~~2011. The decrease in revenue is attributable to the ~~completion~~cost of establishing a ~~large~~manufacturing ~~contract~~facility in ~~2010~~Peru, ~~for~~Indiana. The ~~EKO-FLOR~~Company ~~military~~experienced ~~racking~~production ~~that~~delays ~~was~~due ~~not~~to ~~replaced~~the inconversion ~~2011.~~of ~~Revenue~~its ~~has~~production ~~been~~process. In ~~variable~~addition, ~~due~~the toCompany determined that the ~~development~~design of the ~~production~~trailer ~~process~~profile ~~and~~was ~~acquisition~~causing ofinstallation ~~equipment~~issues that could only be addressed through retooling and die modification. ~~Revenues~~Notwithstanding ~~are~~production ~~expected~~delays, todemand ~~increase~~for ~~when~~ the product appears strong. The Company ~~completes~~is ~~the~~optimistic ~~installation~~that ~~and~~revenues ~~commissioning~~will inincrease when the ~~new~~re-design, re-tooling ~~production~~and ~~facility~~subsequent intesting ~~Peru,~~are ~~Indiana~~complete. Revenue is generated from the ~~manufacturing~~manufacture and sale of composite flooring ~~or shelving product~~ currently targeted towards the transportation industry such as ~~transportation~~highway trailers and ocean-going shipping containers.

Cost of revenue ~~consist~~consists of materials used in production, shop supplies, and direct non-supervisory labor~~, Costs~~. Cost of revenue for the year ended March 31, ~~2011~~2012 ~~were~~was $~~336~~98,~~291~~138 compared with $~~888~~336,~~452~~291 for the year ended March 31, ~~2010~~2011. This decrease is due in part to reduced revenue volume with ~~the~~a gross margin ~~decreasing~~that increased to 8.4% from negative 9.9% for the year ended March 31, 2011~~, compared with a positive 3~~.~~5% margin for the year ended March 31, 2010.~~ ~~The negative margin is reflective of pre-production manufacturing.~~ Additional ~~costs~~cost, waste and inefficiencies were incurred due to short production runs, ~~use~~during ofthe ~~trial~~optimization ~~equipment~~ and astesting ~~the additional associated waste~~process. With the re-tooling, installation and commissioning of ~~production~~ equipment ~~rather~~better ~~than~~optimized ~~trial~~for ~~equipment~~commercial ~~the~~production, ~~efficiency~~efficiencies and profitability isare expected to ~~increase~~ improve.

Gross profit for the year ended March 31, ~~2011~~2012 was ~~negative~~ $308,~~467~~984, compared with a gross loss of $3230,~~485~~467 for the year ended March 31, ~~2010~~2011. ~~This~~The reasons underlying the change in gross profit and gross margin isare ~~attributable to the comments~~ noted above.

General and administrative expenses consist of salaries and wages, professional fees and consultants, office supplies, travel and utilities,. For the year ended March 31, ~~2011~~2012, general and ~~administrations~~administrative expenses were $1,~~295~~612.485,~~705~~ compared with $~~411~~1,~~491~~295,705 for the year ended March 31, ~~2010~~2011. This increase in general and ~~administration~~administrative costs is primarily attributable to the increased business development activity impacting travel, ~~and~~ payroll and management costs and utilities. ~~During~~ ~~the~~In ~~year~~Q4 of fiscal 2012, the Company ~~expanded~~continued to expand its marketing and business development activities in anticipation of sustainable production ~~capabilities~~ during fiscal ~~2012~~2013. When production delays continued, overhead costs were reduced. Supervisor and ~~manager~~managerial level employees that were hired and trained in the prior ~~years~~year inhave ~~order~~been tokept ~~train~~on ~~and~~staff to have available when production ~~begins~~resumes. ~~were~~While ~~employed~~capacity ~~for~~has ayet ~~full~~to ~~year~~materialize ~~rather~~as ~~than~~projected, ademand ~~part~~and ~~year~~interest in ~~2010. During~~ the ~~year~~product ~~ended~~remain ~~March 31, 2011, there were considerable costs associated with the Company to improve and bring its financial reporting up to date~~strong.

12Research and development consists of raw materials and contracted services associated with the development and testing of the EKO-FLOR product. For the year ended March 31, 2012, research and development expenses were $1,788,933, compared with $290,800 for the year ended March 31, 2011. This increase is consistent with the development and improvement of the manufacturing process.

~~Research~~Stock ~~and~~based ~~development~~compensation ~~consists~~applies ofto ~~materials~~employees and ~~contracted~~consultants ~~services~~who ~~associated~~are ~~with~~compensated by the ~~development~~issuance ~~and~~of ~~testing~~common ofshares or the ~~EKO-FLOR~~granting ~~product~~of employee stock options rather than cash compensation. In prior years, common shares issued to employees and consultants have been provided by a founding shareholder. For the year ended March 31, ~~2011~~2012, ~~research~~the ~~and~~Company ~~development~~expensed ~~was~~the last portion of the prior year's common shares that were granted in the amount of $~~290~~6,~~800~~304, compared with $57256,~~403~~438 for the year ended March 31, ~~2010~~2011. ~~This~~ In ~~increase~~Q2 isof ~~consistent~~fiscal ~~with~~2012, the ~~development~~Company ~~and~~granted ~~improvement~~360,000 ofemployee ~~production~~stock ~~and~~options ~~manufacturing~~dispersed in equal increments over three years, with an exercise price of $0.50. These ~~the~~options ~~composite~~vest ~~products~~on ~~and~~the ~~preparation~~basis of ~~sample~~one ~~products~~third ~~for~~on ~~customer~~each ~~and~~anniversary ~~independent~~date ~~testing~~following the date of grant. ~~This~~The ~~was~~options ~~offset~~are ~~with~~valued ~~support~~at by$130,140 ~~certain~~using ~~product~~the ~~suppliers~~Black-Scholes ~~interested~~valuation inmodel ~~assisting~~with ~~the~~a ~~Company`s~~share ~~ongoing~~price ~~development~~of ~~efforts~~$0. A40 ~~total~~at the date of ~~$144~~grant,~~000~~ ~~was~~an ~~provided~~expected inlife ~~support~~ of ~~the~~3 ~~Company`s~~years, ~~ongoing~~volatility ~~development~~of ~~efforts~~144% and ~~netted~~a ~~against~~risk ~~research~~free ~~and~~interest ~~development~~rate ~~expense~~of 0.62%.

Stock based compensation is the charge applicable to employees and consultants who are compensated by the granting of common shares of the Company rather than cash. The common shares issued to employees and consultants have been provided by a founding shareholder and are not new common shares issued from treasury. For the year ended March 31, 2011 the stock based compensation was $256,438 compared with $132,125 for the year ended March 31, 2010. The increase in the stock based compensation results, in part, from the increased share price against which the compensation is measured. During the year ended March 31, 2011, a total of 1,166,667 common shares were issued to senior officers of the Company and 177,907 shares were granted to a service provider in settlement of outstanding invoices. A founding shareholder provided these common shares. For the year ended March 31, 2010, a total of 931,977 common shares were issued to senior officers of the Company and 85,310 shares granted to a service provider. A founding shareholder provided these common shares.10

Amortization of plant and equipment is the charge applicable ~~for~~to ~~use~~the depreciation of capital assets ~~using~~on a declining balance ~~method~~basis ofranging ~~between~~from 20% ~~and~~to 30%. For the year ended March 31, ~~2011~~2012 amortization of plant and equipment was $~~106~~338,~~455~~320, compared with $~~107~~106,~~225~~455 for the year ended March 31, ~~2010~~2011. This ~~small~~increase ~~decrease~~relates ~~reflects~~to the ~~reduced~~acquisition ~~base~~and oninstallation ~~which the amortization is calculated, offset with the amortization~~ of ~~the building in Peru, Indiana. The majority of the new~~ equipment ~~has not been commissioned for use~~ in the Peru, ~~facility~~Indiana ~~and~~manufacturing ~~consequently no amortization has been charged~~facility.

Interest on related party loans isrepresents the imputed interest calculated on shareholder loans to the Company that do not have any specific terms of repayment or interest rate. Given the longer term nature of these loans a fair value discount calculation has been recorded on the loans with the amount charged to contributed surplus. The discount rate is calculated at the time of the advance from the related parties and ranges between 6.25% and 8.75% and based on an assumed repayment date of 10 years from the date of the original advance but no earlier than April 2017. For the year ended March 31, ~~2011~~2012 the interest on related party loans was $6475,~~016~~519 compared with $2364,~~996~~016 for the year ended March 31, ~~2010~~2011. This increase in the imputed interest is ~~attributable~~primarily attributed to the ~~increased~~full ~~borrowings~~year of the ~~Company~~loans ~~received~~being ~~during~~outstanding ~~2011,~~and asthe ~~well~~impact ason the ~~additional~~interest ~~amounts~~expensed due to ~~Conforce~~foreign ~~1 Container Terminal that was sold on July 1, 2010~~exchange. ~~Prior~~These toloans ~~the~~are ~~sale~~denominated ofin ~~Conforce~~Canadian ~~1 Container Terminal, intercompany advances were eliminated on consolidation~~dollars. During ~~2011~~2012, there ~~was~~were ano ~~total~~new ofadvances, compared with $403,~~731in~~731 in new advances ~~from~~in ~~related parties~~2011.

Interest on the term loan is the interest charged on the CAD $250,000 Small Business Loan financed under the Canada Small Business Financing Act that was closed in January 2009. For the year ended March 31, ~~2011~~2012, the interest on the term loan was $1211,~~038~~998 compared with $1112,~~463~~038 for the year ended March 31, ~~2010~~2011.

~~Foreign~~Gain ~~exchange~~on ~~expense~~the ~~results~~forgivable ~~for~~loan is the ~~realized~~reduction ~~and~~in ~~unrealized~~the ~~exchange~~incentive ~~gain~~loan orfrom ~~loss~~the ~~from~~City ~~holding~~of ~~monetary~~Peru ~~items~~and ~~denominated~~County of Miami in aaccordance ~~currency~~with ~~other~~the ~~than~~terms of the ~~Canadian~~incentive ~~dollar~~program ~~functional~~established. This ~~currency~~incentive oris asin athe ~~result~~form of ~~converting~~an interest free, forgivable loan in the ~~non-Canadian~~amount ~~currency~~of ~~into~~$500,000 ~~Canadian~~and ~~dollars~~certain property tax abatements. ~~For~~Under the ~~year~~terms ~~ended~~of ~~March~~the 31incentive, ~~2011,~~ the ~~foreign~~Company ~~exchange~~was ~~expense~~required ~~was~~to raise additional equity capital of not less than $~~201,642~~5 ~~compared~~million ~~with~~for athe ~~loss~~establishment of ~~$14~~the Peru production facility,~~631~~ ~~for~~acquire the ~~year~~applicable ~~ended~~land ~~March~~and 31buildings, ~~2010. This~~purchase ~~expense~~or ~~arose~~deliver ~~from~~equipment ~~carrying~~to ~~U.S.~~be ~~dollar~~used ~~monetary~~in ~~assets~~the manufacturing facility and ~~liabilities~~agree ~~during~~to ~~the~~hire ~~year. The~~a ~~significant~~minimum ~~increase~~of is55 ~~because~~full-time employees within 12 months of the ~~Company~~start of ~~held~~production aand ~~significant~~110 ~~amount~~employees within 24 months of Uthe start of production.S. ~~Dollar~~The ~~holdings~~minimum atnumber ~~year~~of ~~end~~employees impact the property tax abatements only. ~~The~~ If ~~Company~~the ~~does~~production facility is not ~~have~~abandoned ~~any~~during ~~hedging~~the ~~instruments~~first in5 ~~place~~years toand ~~manage~~the Company continues operations therein, the loan is forgiven in its ~~currency~~entirety. Accordingly, ~~risk~~$75,000 ~~other~~for ~~than~~the ~~offsetting~~year ~~receivables~~ended ~~with~~March ~~payables~~31, ~~whenever~~2012 ~~possible~~has been recorded as a gain on the forgivable loan.

13Foreign exchange expense results from the realized and unrealized exchange gain or loss from holding monetary instruments denominated in a currency other than the functional currency or as a result of converting transactions into the functional currency. For the year ended March 31, 2012, the foreign exchange gain was $2,236 compared with a loss of $201,642 for the year ended March 31, 2011.

The gain on sale of subsidiary for the year ended March 31, 2011, relates to the July 1, 2010 sale for $417,989 of the Company’s 50.1% ownership in Conforce 1 Container ~~Terminal~~Terminals Inc. (“Conforce 1”) to the President and CEO who isholds the ~~other~~remaining 49.9% ~~shareholder~~ of ~~Conforce~~the 1equity ~~Container~~in ~~Terminal~~Conforce ~~for $417,989~~1. The consideration received in connection with the sale was the reduction in the face value of the related party ~~loans~~loan payable to the President and CEO. The gain on the sale of the ~~container~~50.1% ~~terminal~~stake in Conforce 1 is calculated as follows:

Fair value of consideration received	$	417,989
Carrying value of noncontrolling interest		247,363
Carrying value of non-controlling interest		247,363
Less carrying value of net book value of assets of discontinued operations		(514,677	)
Gain on sale of discontinued operations	$	150,675

As a result of the disposal of the ~~container~~Company’s ~~terminal~~stake ~~division~~in Conforce 1, the loan between the terminal division and the EKO-FLOR division was fair valued. Based on the same assumptions subjected to the related party loans, the fair value of the amount due was $1,144,460.

OFF-BALANCE SHEET ARRANGEMENTS

The Company has not entered into any off-balance sheet arrangements that have or are reasonably likely to have a current or future ~~affect~~effect on its financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources ~~and~~that would be considered material to investors.

LIABILITIES

The Company had Accounts payable and accrued liabilities of $~~468~~326,~~322~~052 as at March 31, ~~2011~~2012 compared with $~~189~~468,~~367~~322 at March 31, ~~2010~~2011, ana ~~increase~~decrease of $~~278~~142,~~955~~270. The ~~increase~~reduction ~~in accounts payable~~ is attributable to the ~~increased~~diminished ~~business~~operating activities ~~and~~while the ~~additional~~Company ~~costs associated with establishing the Peru, Indiana facility~~retools.

The term loan payable iswas $~~208~~178,~~032~~651 as at March 31, ~~2011~~2012 compared with $~~220~~208,~~807~~032 as at March 31, ~~2010~~2011. This decrease is due to the regular repayments of the loan during the year. This loan was established to acquire a pre-production manufacturing line and is secured with a first charge over the specific equipment and a CAD $62,500 personal guarantee provided by the CEO.

~~The~~During ~~Company has related party loans payable of $1,924,016 for~~ the year ~~ended March 31, 2011, compared with $1,820,065 for~~ the ~~year~~Company ~~ended~~received March 31, 2010. The related party loans are unsecured, non-interest bearing with no specified terms of repayment and the funds were used for the acquisition of pre-production equipment and operating costs. As part of a ~~private~~forgivable ~~placement~~loan ~~financing that occurred~~ in ~~October 2010,~~ the ~~related~~amount ~~parties agreed that they would defer the repayment~~ of ~~the loans for a period of 10 years from the date of the grant but no earlier than April 2017. The fair value of the related party loans was~~ $1500,~~110~~000,~~754~~ ~~for~~ the ~~year~~balance ~~ended~~of ~~March~~which ~~31,~~was ~~2011, compared with~~ $1425,~~824,168~~000 ~~for~~as ~~the~~at ~~year ended~~ March 31, ~~2010~~2012. ~~The~~This ~~fair~~loan ~~value~~ is ~~calculated~~reduced ~~using~~by a$25,000 ~~discount~~per ~~rate~~quarter ofbased ~~prime interest rate~~ on ~~the~~continued ~~date~~operations ofat the ~~advance~~manufacturing ~~plus~~facility ~~4%. This results~~ in anPeru ~~imputed interest rate of between 6~~Indiana.~~25% and 8.75%.~~ ~~Imputed~~If ~~interest~~the ~~for~~Company abandons the ~~year~~manufacturing ~~ended~~facility ~~March~~prior ~~31,~~to ~~2011~~September ~~was~~1, ~~$64~~2015,~~016~~ ~~compared~~the ~~with~~remaining ~~$23,996~~balance ~~for~~of the ~~year~~loan ~~ended~~will ~~March~~become ~~31,~~immediately ~~2010~~due and payable.

The Company has related party loans payable of $1,868,330 for the year ended March 31, 2012, compared with $1,924,016 for the year ended March 31, 2011. The related party loans are unsecured, non-interest bearing with no specified terms of repayment and the funds were used for the acquisition of pre-production equipment and operating costs. As part of a private placement financing that occurred in October 2010, the related parties agreed that they would defer the repayment of the loans for a period of 10 years from the date of the grant and not earlier than April 2017. The amortized value of the related party loans was $1,154,827 for the year ended March 31, 2012, compared with $1,110,754 for the year ended March 31, 2011. The fair value is calculated using a discount rate equal to the prevailing prime rate of interest on the date of the advance plus 4%. This results in an imputed interest rate of between 6.25% and 8.75%. Imputed interest for the year ended March 31, 2012 was $75,519 compared with $64,016 for the year ended March 31, 2011.

ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

Not applicable as Conforce is a smaller reporting company.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

The financial statements required by Item 8 are submitted in a separate section of this Form and are incorporated herein by this reference.

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE.

None

ITEM 9A (T). CONTROLS AND PROCEDURES.

(a) Evaluation of Disclosure Controls and Procedures

As required by Rule 13a-15 under the Securities Exchange Act of 1934(the “Exchange Act”), as of the end of the period covered by this ~~Annual~~annual report, management carried out an evaluation, under the supervision and with the participation of our Chief Executive Officer and our Chief Financial Officer, of the effectiveness of our disclosure controls and procedures as of March 31, ~~2011~~2012. Our principal executive officer and principal financial officer have concluded, based on their evaluation, that as of the end of the period covered by this report, our disclosure controls and procedures were not effective as a result of the material weakness in internal control discussed below.

(b) Management’s Report on Internal Control over Financial Reporting

Management of the Company is responsible for establishing and maintaining adequate internal control over financial reporting. As defined in Rule 13a-15(f) under the Exchange Act, internal control over financial reporting is a process designed by, or under the supervision of, a company’s principal executive and principal financial officers and effected by a Company’s board of directors, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. It includes those policies and procedures that:

~~1. Pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of a company;~~12

1. Pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of a company; 2. Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of a company are being made only in accordance with authorizations of management and the board of directors of the company; and 3. Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or deposition of a company’s assets that could have a material effect on its financial statements.

3. Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or deposition of a company’s assets that could have a material effect on its financial statements.

Because of the inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

The Company’s management has used the criteria established in “Internal Control-Integrated Framework” issued by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) to evaluate the effectiveness of the Company’s internal control over financial reporting. Management has selected the COSO framework for its evaluation as it is a control framework recognized by the SEC and the Public Company Accounting Oversight Board, that is free from bias, permits reasonably consistent qualitative and quantitative measurement of the Company’s internal controls, is sufficiently complete so that relevant controls are not omitted, and is relevant to an evaluation of internal controls over financial reporting.

Management of the Company conducted an evaluation of the effectiveness, as of March 31, ~~2011~~2012, of the Company’s internal control over financial reporting based on the Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (the “COSO Framework”). Based on its evaluation under the COSO Framework, management has concluded that the Company’s internal control over financial reporting was not effective as of March 31, ~~2011~~2012 due to the material weakness noted below.

Identification of a Material Weakness

Management has identified a lack of accounting process to capture manufacturing and production information to effectively and efficiently record the conversion of raw materials into finished goods. In addition, the Company does not have sufficient technical accounting expertise, specifically there is not a permanent CFO or other senior accounting position.

This annual report does not include an attestation report of the Company's registered public accounting firm regarding internal control over financial reporting. Management's report was not subject to attestation by the Company's registered public accounting firm pursuant to temporary rules of the Securities and Exchange Commission that permit us to provide only management's report in this Annual Report on Form 10-K.

c) Changes in Internal Control Over Financial Reporting

~~The~~There ~~significant~~have ~~change~~been no changes in ~~our~~the internal controls over financial reporting ~~for~~due ~~the~~to ~~year ended March 31, 2011 is~~ the ~~hiring~~limitation of afunding ~~full time accountant to properly record transactions when they occur~~ and ~~perform~~ the ~~necessary~~requirement ~~reconciliations. The Company will be looking~~ to ~~further~~re-tool ~~strengthen~~ the ~~finance~~Peru ~~and accounting group with a CFO and qualified support staff~~facility.

ITEM 9B. OTHER INFORMATION.

None.

PART III

ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE.

Set forth below is information regarding the Company’s current directors and executive officers. The directors are elected annually by stockholders. The executive officers serve at the pleasure of the Board of Directors.

Name	Age	Title
Marino Kulas	46	President & CEO, Director
Mario Verrilli	46	V.P. Corporate Development and Acting Chief Financial Officer
Joseph DeRose	56	VP of Product Development
Ante Nincevic	69	V.P. Marine Development
Joseph Sumerak	61	Chief Technology Officer
Alex P. Haig	60	Director
Anthony G.Toldo	57	Director
Pieter Eekel	63	Director
Michel Fortier	52	Director

Marino Kulas, President & CEO of Conforce International, Inc., has been in the container industry for over 2530 years. In 2001, Mr. Kulas commenced research and development ofon EKO-FLOR as an alternative to the wood flooring currently used in shipping containers. In 2003, he ~~started~~launched ~~the business of~~ Conforce 1 Container Terminals Inc. and in 2005, ~~he started~~ Conforce Container Corporation, the company responsible for the development of EKO-FLOR. He oversees all aspects of the day-to-day operations of the business, while maintaining his primary focus on the Company’s growth and direction through new product development and the commercialization of EKO-FLOR ~~through account acquisition~~.

Mario Verrilli, Acting Chief Financial Officer. Prior to joining Conforce, Mr. Mario Verrilli held the position of Senior Vice President, Global Operations for Omega Direct Response Inc., a leading provider of outsourced call centre services. Prior to Omega, Mr. Verrilli served as Director of Sales, Consumer Markets for Primus Canada where he was responsible for the creation and ownership of acquisition channels along with their respective P&L and operating budgets. Before joining Primus, he worked with AT&T Canada, where he held the position of International Settlement Analyst responsible for the settlement of financial transactions, revenue reporting and the creation of revenue distribution models. Mr. Verrilli started his career as a Revenue Analyst for Cadillac Fairview, a commercial developer and management company, where he was responsible for the accounting of revenue and expenses for a portfolio of shopping centers across Canada.

Joseph ~~DeRose~~Sumerak, ~~Vice~~Chief ~~President~~Technology ofOfficer. Joseph ~~Product~~E. ~~Development,~~Sumerak isholds aB.S. ~~chemical~~and ~~engineer~~M.S. ~~and~~Engineering ~~has~~degrees ~~dedicated~~from ~~his~~Case ~~career~~Western toReserve ~~the~~University’s ~~testing,~~Polymer ~~development~~Science program and ~~technical~~has ~~support~~38 years of ~~plastic~~experience ~~materials,~~in ~~composite~~the ~~materials~~pultrusion ~~and polymer additives~~industry. ~~Prior~~In to1981, ~~his~~Mr. ~~appointment~~Sumerak ~~with~~co-founded ~~Conforce~~Pultrusion ~~in 2006~~Technology, MrInc., ~~DeRose~~and ~~worked~~developed ~~with~~pultrusion ~~industry~~machinery, ~~leader~~tooling ~~Ciba~~and ~~Specialty~~technology ~~Chemicals~~services ~~(f/n/a~~that ~~Ciba-Geigy)~~have ~~for~~been ~~over~~installed 19worldwide. ~~years~~His ~~(1981~~second ~~through~~venture, ~~2000)~~Pultrusion Dynamics, ~~where~~was hefounded ~~held~~in ~~the~~1992 ~~position~~in oforder ~~Industry~~to ~~Manager~~pursue ofadvanced ~~the~~research ~~Polymer~~topics ~~Additives~~in ~~Division. Following,~~the ~~through~~area ~~2005,~~of ~~Mr.~~heat ~~DeRose~~transfer ~~also~~and ~~held~~pultrusion ~~material~~process ~~testing~~modeling ~~and~~directed ~~analysis~~at ~~positions~~process ~~with~~optimization. In ~~the~~2007 ~~Ontario~~Mr. ~~Research~~Sumerak established ~~Foundation~~Sumerak ~~and~~Pultrusion ~~Cambridge~~Resource ~~Materials~~as ~~Testing. Most~~a ~~recently,~~consultancy ~~Mr.~~to ~~DeRose~~support ~~provided~~new ~~consultation~~product development and ~~project~~process ~~coordination~~optimization efforts for ~~manufacturers~~clients ofdrawing ~~plastic~~on ~~and~~an ~~composite~~extensive ~~materials~~technical ~~seeking~~database. ~~building~~He ~~code~~has ~~recognition~~published inover ~~both~~30 ~~Canada~~technical ~~and~~papers ~~the~~on ~~United~~a ~~States. Mr.~~broad ~~DeRose~~range isof apultrusion ~~member~~related oftopics, ~~The~~written ~~Society~~several ofpultrusion ~~Plastics~~text ~~Engineers~~chapters and ~~serves~~has lectured on ~~the~~advanced ~~Board~~pultrusion ofprocessing ~~Directors~~topics ofin ~~the~~seminars ~~Ontario~~and ~~Section~~conferences worldwide. HeSince is2009, ~~also~~Mr. aSumerak ~~member~~has ofbeen involved with the ~~Canadian~~Company’s ~~Plastics~~pultruded ~~Industry~~flooring ~~Association~~development ~~and~~project ~~serves~~in ascollaboration ~~Technical~~with ~~Chair~~Bayer ~~for~~MaterialScience. He accepted the ~~Canadian~~position ~~Natural~~of ~~Composites~~Chief ~~Council. For~~Technology ~~Conforce,~~Officer ~~Mr.~~in ~~DeRose~~June of 2011 and is currently responsible for ~~the~~product ~~research,~~ development, ~~testing~~manufacturing ~~and~~process ~~analysis~~technology ofand ~~all~~the ~~new~~development ~~Conforce~~of ~~composite~~technical ~~products~~intellectual ~~currently~~property incontent ~~various~~for ~~stages~~the ~~of development~~Corporation.

ITEM 11. EXECUTIVE COMPENSATION.

~~March~~MARCH 31, ~~2011~~2012 SUMMARY COMPENSATION

Name and Principal Position	Year	~~Salary ($)~~	~~Bonus~~Salary ($)	~~Stock Awards ($)~~	~~Option Awards ($)~~	~~Non-Equity Incentive Plan Compensation ($)~~	~~Change~~Bonus ~~in Pension Value and Nonqualified Deferred Compensation Earnings~~ ($)	~~All Other Compensation ($)~~	~~Total ($)~~	Stock Awards ($)		Option Awards (1) ($)		Non-Equity Incentive Plan Compensation ($)		Change in Pension Value and Nonqualified Deferred Compensation Earnings ($)		All Other Compensation ($)		Total ($)
Marino Kulas President & CEO, Director	~~2011~~2012	-	-	-	-	-	-	-	-		-		-		-		-		-		-
	2010	45,161	48,849	-	-	-	-	-	94,010
	2011			-				-			-		-		-		-		-		-
	2009	86,500	-	-	-	-	-	-	86,500
	2010			45,161				48,849			-		-		-		-		-		94,010
Mario Verrilli Acting CFO	2011	-	-	-	-	-	-	-	-
Mario Verrilli VP Corporate Development &Acting CFO	2012			49,820				-			-		-		-		-		-		49,820
	2010	-	-	-	-	-	-	-	-
	2011			-				-			-		-		-		-		-		-
	2009	-	-	-	-	-	-	-	-
	2010			-				-			-		-		-		-		-		-
Joseph DeRose VP of Product Development	~~2011~~2012	~~47,207~~	-	~~149~~94,~~773~~000	-	-	-	-	~~196,980~~		-		-		-		-		-
	2010	21,000	-	60,524	-	-	-	-	81,524
	2011			47,207				-			149,773		-		-		-		-		196,980
	2009	45,800	-	9,751	-	-	-	-	55,551
	2010			21,000				-			60,524		-		-		-		-		81,524
Perry Pearlman (1) VP of Business Development	2011	67,239	-	89,747	-	-	-	-	156,986
Ante Nincevic VP Marine Development	2012			21,450				-			-		-		-		-		-		21,450
	2010	15,000	-	57,988	-	-	-	-	72,988
	2011			-				-			-		-		-		-		-		-
	2009	-	-	-	-	-	-	-	-
	2010			-				-			-		-		-		-		-		-
Joseph Sumerak Chief Technology Officer	2012			80,769							-		45,908		-		-		-		126,684
	2011			-				-			-		-		-		-		-		-
	2010			-				-			-		-		-		-		-		-

(1) ~~Perry~~The ~~Pearlman's~~Company ~~contract~~granted ~~expired~~options ~~March~~to 31employees dispersed in equal increments over three years, ~~2011~~with, an exercise price of $0.50 cents per share. The options vest over a period of three years with one third vesting on each anniversary date following the date of issue. The options were valued at $45,908 using a Black-Scholes valuation model with a share price at the date of grant of $0.40, an expected life of 3 years, volatility of 144% and ita ~~was~~risk ~~not~~free ~~renewed~~rate of 0.62%.

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS.

The following table lists stock ownership of the Company’s Common Stock. The information includes beneficial ownership by (i) holders of more than 5% of Common Stock, (ii) each of the four directors and executive officers and (iii) all directors and executive officers as a group. Each person named in the table has sole voting and investment power with respect to all shares of the Company’s Common Stock beneficially owned by them.

Name and Address of Owner	Title of Class	~~Number of Shares Owned (1)~~	~~Percentage~~Number of ~~Class~~Shares Owned (1)		Percentage of Class
Marino Kulas 40 Bellini Avenue Brampton, Ontario L6T 3Z8	Common Stock	~~42,000,000~~	~~26.23%~~	36,846,000		23.01	%
Michael Moyal 10520 Yonge St., Suite 298 Richmond Hill, Ontario L4C 3C7	Common Stock	~~10,500,000~~	~~6.56%~~	10,249,226		6.40	%
Adaly Investment Management Inc. 2300 Yonge Street, Suite 1100 Toronto, ON M4P 1E4	Common Stock	~~9,500,000~~	~~5.93%~~	9,500,000		5.93	%
Dusan Miklas 220 Duncan Mill Rd Suite 301 North York, ON M3B 3J5	Common Stock	~~8,900,000~~	~~5.56%~~	8,900,000		5.56	%
KS Centoco Ltd. (2) 26 Industrial Pk Rd. Tilbury, ON N0P 2L0	Commons stock	5,000,000	3.12%
Mark S. Wilder 223 Dunvegan Road, Toronto, ON M5P 2P3	Common Stock			8,204,097		5.12	%
Joseph DeRose 60 Crofters Road Woodbridge, Ontario L4L 7C7	Common Stock	1,000,000	0.62%
KS Centoco Ltd. (2) 26 Industrial Pk Rd. Tilbury, ON N0P 2L0	Common Stock			5,000,000		3.12	%
Perry Pearlman (3) 134 Beverly Glen Blvd. Thornhill, Ontario L6J 7T6	Common Stock	1,000,000	0.62%
Mario Verrilli87 Veneto Drive, Woodbridge, Ontario L4L 8X5	Common Stock			509,000		0.318	%
Total	Common Stock	~~86,100,000~~	~~53.77%~~	79,208,323		49.47	%
Directors and Executive Officers	Common Stock	~~48.000,000~~	~~29.98%~~	42,355,000		26.45	%

(1)	Beneficial ownership is determined in accordance with the rules of the Securities and Exchange Commission and generally includes voting or investment power with respect to securities.
(2)	Beneficially owned by Anthony G.Toldo, who was appointed to the Board May 11, 2011.
(3)	Perry Pearlman was the President until March 31, 2011 when his contract expired and was not renewed.

(1)	Beneficial ownership is determined in accordance with the rules of the Securities and Exchange Commission and generally includes voting or investment power with respect to securities.

1715

~~ITEM~~(2) ~~13. CERTAIN~~Beneficially ~~RELATIONSHI~~owned PSby ~~AND~~Anthony ~~RELATED~~G. ~~TRANSACTIONS~~Toldo, ~~AND~~who ~~DIRECTOR~~was ~~INDEPENDENCE~~appointed to the Board on May 11, 2011.

~~For~~ITEM ~~the year ended March 31, 2011, the Company had certain loans payable to its founder and CEO and related parties to the CEO in the amount of $1,924,016~~13. NoCERTAIN ~~interest~~RELATIONSHIPS isAND ~~payable~~RELATED ~~under the terms of these loans~~TRANSACTIONS, ~~however~~AND ~~they~~DIRECTOR ~~have an imputed interest rate of between 6~~INDEPENDENCE.~~25% and 8.75%. For the year ended March 31, 2010, the Company had approximately $770,827 in loans payable to its founder and CEO and related parties to the CEO.~~

~~Effective,~~For ~~July~~the 1year ended March 31, ~~2010~~2012, the Company ~~sold~~had ~~its~~certain ~~50.1%~~loans ~~interest~~payable ~~in the container terminal business~~ to ~~Marino~~its ~~Kulas,~~founder ~~the~~and CEO ofand ~~Conforce~~related ~~International~~parties ~~for~~in the ~~sum~~amount of $~~417~~1,~~989 (CAD $445~~868,~~000)~~330. ~~The~~No ~~consideration~~interest is inpayable under the ~~form~~terms of athese ~~reduction~~loans, ofhowever ~~the~~they ~~face~~have ~~value~~an ofimputed ~~the~~interest ~~related~~rate ~~party~~of ~~loans~~between ~~payable~~6. As25% aand ~~result~~8.75%. For ofthe ~~this~~year ~~sale~~ended ~~intercompany~~March ~~loans~~31, ~~that~~2011, ~~were~~the ~~otherwise~~Company ~~eliminated~~had onapproximately ~~consolidation~~$1,924,016 ~~became~~in ~~outstanding~~loans payable to aits ~~related~~founder ~~party. The~~and ~~fair~~CEO ~~value~~and ofrelated ~~these loans was approximately $1,144,460~~parties.

~~ITEM~~Effective, 14July 1, 2010, the Company sold its 50.1% interest in Conforce 1 to Marino Kulas, CEO of Conforce International, for the sum of USD 417,989 (CAD 445,000). ~~PRINCIPAL~~As ~~ACCOUNT~~consideration, ~~ING~~the ~~FEES~~Company ~~AND~~reduced ~~SERVICES~~the face value of the related party loans payable. As a result of this transaction, intercompany loans that were otherwise eliminated on consolidation became outstanding liabilities to a related party. The fair value of these loans was approximately $1,144,460 as at March 31, 2012.

~~The~~During ~~audit~~the ~~fees~~year, ~~for~~Conforce ~~the~~1, ~~fiscal~~controlled ~~year~~by ~~end~~Marino ~~March 31~~Kulas, ~~2011~~CEO ~~were~~of ~~$52~~Conforce International,~~000~~ ~~(2010:~~provided ~~$105,060). During~~services in the ~~year~~form ~~the~~of ~~Company incurred~~labor ~~other~~and ~~audit-related~~repairs ~~fees of~~to ~~$53,248 (2010:~~certain ~~nil)~~containers ,owned ~~tax~~by ~~fees~~Conforce ofInternational. These services totaled $1310,~~728~~374 ~~(2010:~~and ~~nil)~~ are considered at market rates for similar services and ~~other~~no ~~fees~~balances ofremain $outstanding ~~1,795~~at ~~(2010: nil)~~year end.

ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES.

The audit fees for the fiscal year ended March 31, 2012 were $98,625 (2011: $107,043). During the year the Company incurred no other audit-related fees (2011: NIL), tax fees of $516 (2011: $13,728). For the years 2012 and 2011, there were no other fees.

PART IV

ITEM 15. ~~E XHIBITS~~EXHIBITS, FINANCIAL STATEMENT SCHEDULES.

Exhibit
No.	Description
23.1	Auditor Certification
31.1	Certification pursuant to section 302 of the Sarbanes - Oxley Act of 2002.
31.2	Certification pursuant to section 302 of the Sarbanes - Oxley Act of 2002.
32.1	Certification of Officer pursuant to section 906 of the Sarbanes - Oxley Act of 2002.
32.2	Certification of Officer pursuant to section 906 of the Sarbanes - Oxley Act of 2002.

SIGNATURES

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

	Conforce International, Inc.
June 29, 2011	By:	/s/ Marino Kulas
July 12 , 2012	By:	/s/ Marino Kulas
		Marino Kulas
		President & CEO

July 12 , 2012	By:	/s/ Mario Verrilli
		Mario Verrilli
		Acting Chief Financial Officer

Conforce International Inc.
Consolidated Balance Sheets
As at March 31, 2011 and 2010 (US Dollars)
	2011			2010
Assets
Current Assets
Cash and cash equivalents	$	6,121,074		$	146,304
Accounts receivable (note 4)		611,375			83,760
Inventory		85,284			108,688
Prepaid expenses		-			16,736
Current assets of discontinued operations (note 16)		-			331,755
		6,817,733			687,243
Property, plant and equipment (note 5)		1,509,537			459,229
Intangible assets (note 6)		17,289			20,628
Other non-current assets		60,336			14,161
Non-current assets of discontinued operations (note 16)		-			1,212,653
	$	8,404,895		$	2,393,914
Liabilities
Current Liabilities
Accounts payable and accrued liabilities	$	468,322		$	189,367
Current portion of term loan (note 7)		24,092			23,247
Current liabilities of discontinued operations (note 16)		-			475,967
		492,414			688,581
Deferred rent		-			8,779
Related party loan payable (note 8)		1,110,754			1,824,168
Term loan (note 7)		183,940			197,570
Non-current liabilities of discontinued operations (note 16)		-			390,866
		1,787,108			3,109,964
Shareholders' equity (deficiency)
Share capital (note 9)		7,722,816			9,157
Contributed surplus		2,329,031			531,825
Accumulated other comprehensive income (loss)		73,739			(110,308	)
Accumulated deficit		(3,507,799	)		(1,407,113	)
		6,617,787			(976,439	)
Non-controlling interest in discontinued operations		-			260,389
		6,617,787			(716,050	)
	$	8,404,895		$	2,393,914
Common shares issued and outstanding		160,120,049			120,001,000

Conforce International Inc.
Consolidated Balance Sheets
As at March 31, 2012 and March 31, 2011 (US Dollars)
	March 31, 2012			March 31, 2011

Assets
Current Assets
Cash and cash equivalents	$	1,446,584		$	6,121,074
Accounts receivable (note 4)		94,795			611,375
Inventory		683,994			85,284
Prepaid expenses		113,432			-
		2,338,805			6,817,733

Property, plant and equipment (note 5)		2,578,551			1,509,537
Intangible assets (note 6)		21,745			17,289
Other non-current assets		5,198			60,336
	$	4,944,299		$	8,404,895

Liabilities
Current Liabilities
Accounts payable and accrued liabilities	$	326,052		$	468,322
Current portion of term loan (note 7)		24,836			24,092
Current portion of loan (note 8)		100,000			-
		450,888			492,414

Related party loan payable (note 9)		1,154,827			1,110,754
Term loan (note 7)		153,815			183,940
Loan (note 8)		325,000			-
		2,084,530			1,787,108
Shareholders equity (deficiency)
Share capital (note 10)		7,722,816			7,722,816
Contributed surplus		2,384,205			2,329,031
Accumulated other comprehensive income		73,739			73,739
Accumulated deficit		(7,320,991	)		(3,507,799	)
		2,859,769			6,617,787

	$	4,944,299		$	8,404,895

Common shares issued and outstanding		160,120,049			160,120,049

Going concern (note 2)
Committments (note 12)

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

1917

Conforce International Inc.
Consolidated Statements of Operations and Comprehensive Loss
For the years ended March 31, 2011 and 2010 (US Dollars)
For year ended March 31, 2012 and March 31, 2011 (US Dollars)
	2011			2010
	2012			2011
Product revenue	$	~~305~~107,~~824~~122		$	~~920~~305,~~937~~824
Cost of product revenue		~~336~~98,~~291~~138			~~888~~336,~~452~~291
Gross profit (loss)		~~(30~~8,~~467~~984	)		32(30,~~485~~467	)
Expenses
General and administrative		1,~~295~~612,~~705~~485			~~411~~1,~~491~~295,705
Research and development		~~290~~1,~~800~~788,933			57290,~~403~~800
Stock based compensation		~~256~~55,~~438~~174			~~132~~256,~~125~~438
Amortization of property, plant and equipment		~~106~~338,~~455~~320			~~107~~106,~~225~~455
Amortization of intangible assets		414,~~123~~859			4,~~813~~123
		1,953,521			713,057
		3,809,771			1,953,521
Loss before non-operating items		(13,~~983~~800,~~988~~787	)		(~~680~~1,~~572~~983,988	)
Interest on related party loans payable (note 8)		64,016			23,996
Interest on related party loans payable (note 9)		75,519			64,016
Interest on term loan		1211,~~038~~998			1112,~~463~~038
Interest and bank charges		12,~~062~~124			~~314~~1,062
Foreign exchange loss		201,642			14,631
Gain on forgivable loan		(75,000	)
Loss before discontinued operations and non-controlling interest in subsidiary		(2,262,746	)		(730,976	)
Foreign exchange loss (gain)		(2,236	)		201,642
Gain on sale of subsidiary (note 8)		(150,675	)		-
Loss before discontinued operations and non-controlling interest in subsidiary		(3,813,192	)		(2,262,746	)
Net loss (income) from discontinued operations (note 16)		1,641			(1,073	)
Gain on sale of subsidiary (note 9)		-			(150,675	)
Net loss		(2,113,712	)		(729,903	)
Net loss from discontinued operations (note 17)		-			1,641
Noncontrolling interest		(13,026	)		58,824
Net loss		(3,813,192	)		(2,113,712	)
Net loss attributable to Conforce International Inc.		(2,100,686	)		(788,727	)
Noncontrolling interest		-			(13,026	)
Other Comprehensive income (loss):
Net loss attributable to Conforce International Inc.		(3,813,192	)		(2,100,686	)
Translation adjustment on foreign exchange		184,047			(119,805	)
Other Comprehensive income:
Total comprehensive loss		(1,916,639	)	$	(908,532	)
Translation adjustment on foreign exchange		-			184,047
Total comprehensive loss		(3,813,192	)		(1,916,639	)
Loss per share - basic and diluted
From continuing operations	$	(0.02	)	$	(0.01	)
Fom continuing operations	$	(0.02	)	$	(0.02	)
From discontinued operations	$	~~(0.00~~-	)	$	~~0.00~~
Weighted average number of shares outstanding		~~124~~160,~~219~~120,~~182~~049			~~120~~124,~~001~~219,~~000~~182

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

Conforce International Inc.
Consolidated Statements of Cash Flow
For year ended March 31, 2012 and 2011 (US Dollars)
	2012			2011

Operating activities
Net loss	$	(3,813,192	)	$	(2,100,686	)
Items not affecting cash
Amortization of plant and equipment		338,320			106,455
Amortization of intangible assets		14,859			4,123
Imputed interest on related party loan payable		75,519			64,016
Gain on forgivable loan		(75,000	)
Foreign Exchange gain on related party loan payable		(39,142	)		-
Deferred rent		-			(8,771	)
Stock based compensation		55,174			256,438
Gain on sale of discontinued operations		-			(150,675	)
		(3,443,462	)		(1,829,100	)
Changes in non-cash working capital (note 18)		(337,832	)		(197,946	)

Net cash used in operating activities		(3,781,294	)		(2,027,046	)

Net cash used in discontinued operations		-			(31,190	)
Investing activities
Purchase of plant and equipment		(1,407,334	)		(1,087,017	)
Investment in intangible assets		(19,315	)		-
Decrease (increase) in non-current assets		55,138			(43,389	)
Net cash used in investing activities		(1,371,511	)		(1,130,406	)

Financing activities
Repayment of term loans		(21,685	)		(22,224	)
Loan		500,000			-
Issuance of common shares		-			8,624,997
Advances from related parties		-			403,731

Net cash provided by financing activities		478,315			9,006,504

Cash provided from discontinued operations		-			5,198

Effect of foreign exchange on cash		-			151,710

Net change in cash and cash equivalents during the period		(4,674,490	)		5,974,770

Cash and cash equivalents, beginning of the period		6,121,074			146,304


Cash and cash equivalents, end of the period	$	1,446,584		$	6,121,074

Supplemental cash flow information
Cash paid for interest		11,998			12,038

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

Conforce International Inc.

Consolidated Statement of Shareholders Equity

March 31, 2012 (US Dollars)

										Other
	Common Stock				Contributed		Accumulated			Comprehensive			Total
	Shares		Amount		Surplus		Deficit			Income

Balance March 31, 2010		120,001,000	$	9,157	$	531,825	$	(1,407,113	)	$	(110,308	)	$	(716,050	)

Gain on fair value of related party loans payable		-		-		629,430		-			-			629,430
Stock based compensation		-		-		256,438		-			-			256,438
Issuance of common shares and warrants net		40,119,049		7,713,659		911,338		-			-			8,624,997
Non-controlling interest		-		-		-		-			-			(13,026	)
Net loss		-		-		-		(2,100,686	)		-			(2,100,686	)
translation adjustment		-		-		-		-			184,047			184,047
Sale of interest in subsidiary		-		-		-		-			-			(247,363	)

Balance March 31, 2011		160,120,049	$	7,722,816	$	2,329,031	$	(3,507,799	)	$	73,739		$	6,617,787

Stock based compensation		-		-		55,174		-			-			55,174
Net loss		-		-		-		(3,813,192	)		-			(3,813,192	)

Balance, March 31, 2012		160,120,049	$	7,722,816	$	2,384,205	$	(7,320,991	)	$	73,739		$	2,859,769

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

Conforce International Inc.
Consolidated Statements of Cash Flow
For the years ended March 31, 2010 and 2010 (US Dollars)
	2011			2010
Operating activities
Net loss	$	(2,100,686	)	$	(788,727	)
Items not affecting cash
Amortization of plant and equipment		106,455			107,225
Amortization of intangible assets		4,123			4,813
Imputed interest on related party loan payable		64,016			23,996
Deferred rent		(8,771	)		(8,576	)
Stock based compensation		256,438			132,125
Gain on sale of discontinued operations		(150,675	)		-
		(1,829,100	)		(529,144	)
Changes in non-cash working capital (note 17)		(197,946	)		(647	)
Net cash used in operating activities		(2,027,046	)		(529,791	)
Net cash provided by (used in) discontinued operations		(31,190	)		201,461
Investing activities
Purchase of plant and equipment		(1,087,017	)		(19,052	)
Increase in non-current assets		(43,389	)		(2,333	)
Net cash used in investing activities		(1,130,406	)		(21,385	)
Net cash provided by discontinued operations		-			11,743
Financing activities
Repayment of term loans		(22,224	)		(20,582	)
Issuance of common shares		8,624,997			-
Advances from related parties		403,731			411,671
Net cash provided by financing activities		9,006,504			391,089
Cash provided from discontinued operations		5,198			-
Effect of foreign exchange on cash		151,710			20,955
Increase in cash and cash equivalents during the period		5,974,770			74,073
Cash and cash equivalents, beginning of the period		146,304			72,232
Cash and cash equivalents, end of the period	$	6,121,074		$	146,304
Supplemental cash flow information
Cash paid for interest		12,038			11,463

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

Conforce International Inc.
Consolidated Statement of Shareholders Equity (deficiency)
For the years ended March 31, 2011 and 2010 (US Dollars)
										Other
	Common Stock				Contributed		Accumulated			Comprehensive			Minority			Total
	Shares		Amount		Surplus		Deficit			Income			Interest
Balance as at March 31, 2009		120,001,000	$	9,157	$	340,684	$	(677,210	)	$	9,497		$	201,565		$	(116,307	)
Gain on fair value of related party loans payable						59,016											59,016
Stock based compensation						132,125											132,125
Non-controlling interest														58,824			58,824
Loss before income tax, discontinued operations and non-controlling interest in subsidiary								(729,903	)								(729,903	)
translation adjustment											(119,805	)					(119,805	)
Balance March 31, 2010		120,001,000	$	9,157	$	531,825	$	(1,407,113	)	$	(110,308	)	$	260,389		$	(716,050	)
Gain on fair value of related party loans payable						629,430											629,430
Stock based compensation						256,438											256,438
Issuance of common shares and warrants net		40,119,049		7,713,659		911,338											8,624,997
Non-controlling interest														(13,026	)		(13,026	)
Net loss								(2,100,686	)								(2,100,686	)
translation adjustment											184,047						184,047
Sale of interest in subsidiary (note 8)														(247,363	)		(247,363	)
Balance March 31, 2011		160,120,049	$	7,722,816	$	2,329,031	$	(3,507,799	)	$	73,739		$	-		$	6,617,787

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

Conforce International Inc.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

For the years ended March 31, 2012 and 2011 (US Dollars)

1.	DESCRIPTION OF BUSINESS

The Company has developed a polymer based composite flooring system for the transportation industry trademarked under the name EKO-FLOR through its 100% owned subsidiary Conforce Container Corporation. The composite flooring product has been designed to provide an environmentally friendly product to increase ocean-going container and highway trailer performance while reducing overall costs.

The Company was incorporated on May 18, 2004 in the state of Delaware as Now Marketing Corp. and was renamed on May 25, 2005 to Conforce International Inc. During the quarter ended December 31, 2010, the Company incorporated two 100% owned subsidiaries, Conforce Holdings, Inc. and Conforce USA, Inc. Both subsidiaries were incorporated in the State of Delaware.

2.	BASIS OF PREPARATION AND GOING CONCERN

The accompanying consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles ("“GAAP"”). All amounts are reported in U.S. dollars unless otherwise stated.

Going Concern

These consolidated financial statements have been prepared on the basis of GAAP applicable to a 'going concern', which assume that the Company will continue in operation for the foreseeable future and will be able to realize its assets and discharge its liabilities in the normal course of operations. For the year ended March 31, ~~2011~~2012 the Company had net cash outflows from operations of $23,~~027~~781,~~046~~294 and ~~has~~ incurred a net loss of $23,~~100~~813,~~686~~192. As at March 31, ~~2011~~2012 the Company ~~and~~had ~~has~~ an accumulated deficit of $37,~~507~~320,~~799~~991. The Company's ability to continue as a going concern depends on its ability to generate positive cash flow from operations, or if necessary, secure additional financing.

Management regularly reviews and considers the current and ~~forecast~~forecasted activities of the Company in order to satisfy itself as to the viability of continued operations. These ongoing reviews include consideration of current orders and future business opportunities, current development and production activities, customer and supplier exposure and forecast cash requirements and balances. Based on these evaluations, management of the Company believes that as a result of the reductions in overhead that have been initiated, combined with the available cash on hand, and projected sales, the Company will behave ~~able~~sufficient funds to ~~continue~~operate asfor the next 12 months. However, should these sales not materialize, the Company will need to consider alternate sources of funding through private equity placement, debt financing instruments, or joint venture partnerships in order to operate beyond calendar 2012. Currently, there is no such financing in place, nor are there any preliminary or final term sheets or agreements in place in support of such financing. As a ~~going~~result, ~~concern~~the Company will rely heavily on its ability to meet its projected sales targets in order to meet its financial requirements for atcontinued ~~least~~operations. Based on the ~~next~~above, ~~twelve~~Management ~~months~~is of the opinion that the Company remains a going concern and should be accounted for as such.

There can be no assurances that the Company's activities will be successful or sufficient and as a result there is doubt regarding the "going concern" assumption and, accordingly, the use of accounting principles applicable to a going concern. These consolidated financial statements do not reflect adjustments that would be necessary if the "going concern" assumption ~~were~~was not appropriate. If the "going concern" assumption ~~were~~is not appropriate for these consolidated financial statements, then adjustments to the carrying values of the assets and liabilities, the reported revenues and expenses and the balance sheet classifications, which could be material, would be necessary.

Principles of Consolidation

The Consolidated financial statements include the accounts of the Company and its wholly and partially owned subsidiaries. All intercompany transactions and balances have been eliminated on consolidation.

Use of Estimates

The preparation of consolidated financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes for assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the year. Actual results could differ from those estimates.

Conforce International Inc.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

For the years ended March 31, 2012 and 2011 (US Dollars)

Significant estimates made by management of the Company include, an estimate of applicable interest rate for related party loans payable, uncollectible accounts receivable, and valuation allowances for deferred income tax assets.

Cash and ~~Cash~~cash ~~Equivalents~~equivalents

Cash ~~consists~~and cash equivalents consist of cash on deposit and is designated as held-for-trading and carried at fair value. Changes in fair value are recognized in the period they occur through net income or loss.

Trade Accounts Receivable

The majority of the Company’s accounts receivable are due from ~~large~~sizable, well established businesses. Credit is extended based on an evaluation of a customer’s financial condition and accounts receivable are typically due within 30 days and are stated at amounts due from customers net of any allowances for doubtful accounts. The Company determines its allowance for doubtful accounts by considering a number of factors, including the length of time trade accounts receivable are past due, the Company’s previous loss history, the customer’s current ability to ~~pay~~satisfy its obligation to the Company, and the condition of the general economy and ~~the~~ industry as a whole. The Company writes-off accounts receivable when they become uncollectable, and payments subsequently received on such receivables are credited to the allowance for doubtful accounts. Interest is not accrued on past due receivables. As at March 31, ~~2011~~2012 and ~~2010,~~2011 ~~no accounts receivable were considered at risk and~~ the allowance for doubtful accounts was ~~consequently~~ nil.

Inventories

Raw materials, work-in-progress and finished goods are valued at the lower of cost, determined on a first-in first-out basis, and replacement value.

Conforce International Inc.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Property, Plant and Equipment

Property, plant and equipment are recorded at cost less accumulated amortization and are amortized from the date of acquisition or, in respect of internally constructed assets, from the time an asset is substantially completed and ready for use. Amortization is computed using the following methods as follows:

~~Building~~	Building	Straight line over 15 years.
~~Office equipment~~	Office equipment	20% per annum declining basis
Vehicles		30% per annum declining basis
	Computer Equipment	30% per annum declining basis
Machinery and equipment		20% per annum declining basis
	Vehicles	30% per annum declining basis
	Machinery and equipment	20% per annum declining basis

The Company reviews the recoverability of the carrying amount of plant and equipment when events or circumstances indicate that the carrying amounts may not be recoverable. This evaluation is based on projections of future ~~undiscounted~~non-discounted net cash flows. The total of these projected net cash flows is referred to as the “net recoverable amount.” If the net recoverable amount is less than the carrying value, the asset is written down to fair value.

Intangible assets with finite useful lives

The Company’s intangible assets consist of intellectual property and are considered to have a finite useful life. As a result the intangible assets are amortized on a 20% per annum declining balance basis.

Management reviews the amortization method and useful life estimate annually. The carrying amount of intangible assets are reviewed when events or circumstances indicate that the carrying amount may not be recoverable. This evaluation is based on projections of future ~~undiscounted~~non-discounted net cash flows. The total of these projected net cash flows is referred to as the “net recoverable amount.” If the net recoverable amount is less than carrying value, the asset is written down to fair value.

Revenue Recognition

Conforce International Inc.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

For the years ended March 31, 2012 and 2011 (US Dollars)

Service revenues are recognized when there is persuasive evidence of an arrangement, services rendered, the amount is fixed or determinable, and collection is reasonably assured. Revenue is recorded net of any applicable sales and value added taxes and customer discounts.

Product revenues are recognized when there is persuasive evidence of an arrangement, goods have been delivered, the amount is fixed or determinable, and collection is reasonably assured. Revenue is recorded net of any applicable sales and value added taxes and customer discounts.

Research and Product Development Costs

Research costs and costs incurred in applying for patents and licenses are expensed as incurred. Product development costs are expensed as incurred until the product or process is clearly defined and the associated costs can be identified, technical feasibility is reached, there is an intention to produce or market the product, the future market is clearly defined and adequate resources exist or are expected to be available to complete the project. To date, no product development costs have been capitalized.

Stock-Based Compensation

The Company ~~has~~had agreements in place with certain senior management to compensate them through the direct issuance of common shares or payments to certain service providers for services performed. For the year ended March 31, ~~2011~~2012, 133,~~344,574~~333 (~~2010~~2011 - ~~931~~1,~~977~~344,574) common shares have been issued or accrued by the current shareholders to management in satisfaction of these agreements. These stock based payments have been expensed by the Company over the period in which service has been rendered.

In addition, the Company granted stock options to certain senior management for services performed. For the year ended March 31, 2012 a total of 360,000 (2011 - nil) stock options had been granted with a term of three years and, an exercise price of $0.50 per option.

Income Taxes

Income taxes are recorded using the liability method. Deferred income tax amounts arise due to temporary differences between the accounting and income tax basis of the Company’s assets and liabilities and the unused tax losses of the Company. Deferred income tax assets and liabilities are measured using substantively enacted income tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. The effect on deferred income tax assets and liabilities of a change in income tax rates and laws is recognized in the period that includes the date of substantive enactment. Deferred income tax assets are recognized to the extent that realization of such benefits is considered to be more likely than not.

Conforce International Inc.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Foreign Currency Translation

Transactions denominated in currencies other than the Canadian functional currency are translated into Canadian dollars at the average rate of exchange for the period.

For reporting purposes, assets and liabilities are translated into US dollars at the period-end exchange rates, and the results of ~~its~~the Company’s operations are translated at the average rate of exchange for the period. The resulting translation adjustments are recorded in accumulated other comprehensive income.

Financial Instruments

~~Beginning~~The ~~in the first quarter of fiscal 2009, the~~ assessment of fair value for ~~our~~the Company’s financial instruments was based on the authoritative guidance provided by FASB in connection with fair value measurements. It defines fair value, establishes a framework for measuring fair value and expands disclosure of fair value measurements.

Carrying amounts of some of ~~our~~the Company’s financial instruments, including cash and cash equivalents, accounts receivable and accounts payable, approximate fair value due to their short maturities. Based on borrowing rates currently available to usthe Company for loans with similar terms, the carrying value of term ~~notes~~loans due to banks and loans payable approximate fair value.

Conforce International Inc.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

For the years ended March 31, 2012 and 2011 (US Dollars)

Net Loss Per Share

Net loss per common share is presented in accordance with Accounting Standards Codification (“ASC”) 260, Earnings Per share (“ASC 260”). Basic loss per common share is computed by dividing the net loss attributable to common shareholders by the weighted average number of common shares outstanding during the period. Diluted loss per common share is equal to the basic loss per common share as there are no potentially dilutive securities outstanding.

3.	NEW ACCOUNTING STANDARDS

In ~~January 2010~~June 2011, the FASB issued ~~Accounting~~ASU ~~Standards Update No. 2010~~2011-0605, “~~Fair~~Presentation ~~Value~~of ~~Measurements~~Comprehensive ~~and~~Income,” ~~Disclosures~~which ~~(Topic~~eliminates ~~820):~~the ~~Improving~~option ~~Disclosures~~of ~~about~~reporting ~~Fair~~other ~~Value~~comprehensive ~~Measurements.”~~income ~~ASU~~and ~~2010-06~~its ~~amends~~components ~~Subtopic~~in ~~820-10~~the tostatement ~~clarify~~of ~~existing~~changes ~~disclosures,~~in ~~require~~equity. ~~new~~While ~~disclosures,~~the ~~and~~new ~~includes~~guidance ~~conforming~~changes ~~amendments~~the topresentation ~~guidance~~of oncomprehensive ~~employers’~~income, ~~disclosures~~there ~~about~~are ~~postretirement~~no ~~benefit~~changes ~~plan~~to ~~assets.~~the ~~ASU~~components ~~2010-06~~that isare ~~effective~~recognized ~~for~~in ~~interim~~net ~~and~~income ~~annual~~or ~~periods~~other ~~beginning~~comprehensive ~~after~~income ~~December~~under ~~15,~~current ~~2009,~~accounting ~~except~~guidance. ~~for~~Upon ~~disclosures~~adoption ~~about~~of ~~purchases,~~ASU ~~sales~~2011-05, ~~issuances,~~comprehensive ~~and~~income ~~settlements~~will either be reported in ~~the~~a ~~roll~~single ~~forward~~continuous offinancial ~~activity~~statement or in ~~Level~~two 3separate ~~fair~~but ~~value~~consecutive ~~measurements~~financial statements. ~~Those~~ASU ~~disclosures~~2011-05 ~~are~~is effective for fiscal years beginning after December 15, ~~2010~~2011. ~~and~~Since ~~for~~ASU 2011-05 ~~interim~~only ~~periods~~relates ~~within~~to ~~those~~presentation ~~fiscal~~of ~~years.~~comprehensive ~~The~~income, ~~adoption~~the ofCompany ~~the~~does ~~new~~not ~~guidance~~believe isthe ~~not~~adoption ~~expected~~of toASU ~~have~~2011-05 awill ~~material~~have any impact on ~~the~~its ~~Company’s~~ financial ~~statements~~position, results of operations or cash flows.

In September, 2011, the FASB issued ASU 2011-08, “Intangibles — Goodwill and Other (Topic 350), Testing Goodwill for Impairment.” ASU 2011-08 simplifies how a company is required to test goodwill for impairment. Companies will now have the option to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If after considering the totality of events and circumstances an entity determines it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, performing the two-step impairment test is unnecessary. The amendment was effective for the Company beginning January 1, 2012, with early adoption permitted. Currently the Company does not have any goodwill.

4.	ACCOUNTS RECEIVABLE

Accounts receivable for the year ended March 31:

	2011		2010
	2012		2011
Trade accounts receivable	$	~~383~~25,~~430~~167	$	-383,430
Goods and services tax receivable		178,245		83,760
Harmonized sales tax		69,628		178,245
Subscription receipts		~~49,700~~-		-49,700
	$	611,375	$	83,760
		94,795		611,375

Within the trade accounts receivable balances for ~~2011~~2012, 100% (2011 - 84%) of the balance is due from a single customer.

255. PROPERTY, PLANT AND EQUIPMENT

As at March 31, 2012 the net book value of the plant and equipment is as follows:

Conforce International Inc.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

5.For ~~PROPERTY~~the years ended March 31, ~~PLANT~~2012 ~~AND~~and ~~EQUIPMENT~~2011 (US Dollars)

As at March 31, 2011 the net book value of the plant and equipment is as follows:

	Cost		Accumulated Amortization		Net book value

Land	$	120,000	$	-	$	120,000
Building		295,629		28,000		267,629
Office equipment		66,471		14,031		52,440
Computer Equipment		16,098		5,930		10,168
Machinery and equipment		2,795,005		666,691		2,128,314
	$	3,293,203	$	714,652	$	2,578,551

	Cost		Accumulated Amortization		Net book value
Land	$	120,000	$	-	$	120,000
Building		290,717		8,800		281,917
Office equipment		11,553		2,472		9,081
Machinery and equipment		787,192		365,060		422,132
Equipment acquired but not in use		676,407		-		676,407
	$	1,885,869	$	376,332	$	1,509,537

As at March 31, 2011 the net book value of the plant and equipment was as follows:

	Cost		Accumulated Amortization		Net book value

Land	$	120,000	$	-	$	120,000
Building		290,717		8,800		281,917
Office equipment		11,553		2,472		9,081
Machinery and equipment		787,192		365,060		422,132
Equipment acquired but not in use		676,407		-		676,407
	$	1,885,869	$	367,332	$	1,509,537

During the year ended March 31, 2011, the Company acquired production equipment that was being installed and not in production as at the end of the year.

As at March 31, 2010 the net book value of the plant and equipment is as follows:

	Cost		Accumulated Amortization		Net book value
Office equipment	$	1,958	$	392	$	1,566
Machinery and equipment		710,494		252,831		457,663
	$	712,452	$	253,223	$	459,229

6.	INTANGIBLE ASSETS

As at March 31, ~~2011~~2012, the net book value of intangible assets ~~are~~is as follows:

	Cost		Accumulated Amortization		Net book value
Trade marks	$	3352,~~769~~745	$	1631,~~480~~000	$	1721,~~289~~745
	$	33,769	$	16,480	$	17,289
		52,745		31,000		21,745

As at March 31, ~~2010~~2011 the net book value of intangible assets ~~are~~was as follows:

	Cost		Accumulated Amortization		Net book value
Trade marks	$	3233,~~233~~769	$	1116,~~605~~480	$	2017,~~628~~289
	$	32,233	$	11,605	$	20,628
		33,769		16,480		17,289

TERM LOAN

In November 2008, the company entered into a loan agreement in the amount of CAD $ 250,000 under the Canada Small Business Financing Act for the purchase of machinery and equipment to be used in the manufacturing of the composite flooring. The loan is secured with a first charge on the equipment purchased and a CAD $62,500 personal guarantee provided by the CEO.

2625

Conforce International Inc.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

~~The~~For ~~term of~~ the ~~loan is ten~~ years ~~with~~ended ~~interest~~March at31, a2012 ~~floating rate of prime + 3%. The minimum blended loan~~ and ~~re-~~2011 ~~payments~~(US ~~for the next 5 years and thereafter, assuming, the floating interest rate remains constant at 5.25% are as follows:~~Dollars)

~~Repayment~~The term of the ~~term~~loan is ten years with interest at a floating rate of prime + 3%. The minimum blended loan and re- payments for the ~~twelve~~next ~~month~~5 ~~period~~years ~~ended~~and ~~March~~thereafter, 31assuming, the floating interest rate remains constant at 6.00%, are as follows:

2012	$	24,092
2013		25,580
2014		27,156
2015		28,831
2016		30,610
Thereafter		71,763
Total amounts payable		208,032
Less current portion		24,092
	$	183,940

Repayment of the term loan for the twelve month period ended March 31:

8. RELATED PARTY LOAN PAYABLE AND RELATED PARTY TRANSACTIONS

2013	$	24,836
2014		26,368
2015		27,994
2016		29.721
2017		31,554
Thereafter		38,178
Total amounts payable		178,651
Less current portion		24,836
	$	153,815

	2011			2010
Due to related parties	$	1,924,016		$	770,827
Less discount to fair value		(813,262	)		(91,119	)
		1,110,754			679,708
Fair value of amounts due to related parties applicable to discontinued operations		-			1,144,460
		1,110,754			1,824,168

LOAN

~~The~~During ~~amounts~~the ~~due~~prior toyear ~~shareholder~~the Company received, from the City of Peru and ~~amounts~~Miami ~~due~~County, a financial incentive to ~~related~~locate ~~party~~its ~~are~~production ~~unsecured~~facility in Peru, ~~non-~~Indiana. This incentive is in the form of an interest ~~bearing~~free, ~~with~~forgivable noloan ~~specific~~in ~~terms~~the amount of ~~repayment~~$500,000 and certain property tax abatements. ~~The~~Under ~~amounts~~the ~~due~~terms of the incentive, the Company was required to ~~related~~receive ~~parties~~additional ~~arise~~equity ~~from~~capital ~~cash~~of ~~advances~~not ~~made~~less bythan ~~related~~$5.0 ~~parties~~million tofor the ~~Company~~establishment ~~for~~of ~~operating~~the ~~capital~~Peru production facility, acquire the land and buildings for the ~~purchase~~manufacturing offacility, ~~machinery~~purchase ~~and~~or deliver equipment, ~~primarily~~to ~~relating~~be used in the manufacturing facility and agree to hire a minimum of 55 full time employees within 12 months of the start ~~development~~of production and 110 employees within 24 months of the ~~composite~~start ~~flooring~~of ~~product~~production.

The ~~loans~~minimum ~~have~~employee ~~been~~levels ~~advanced~~have atnot ~~different~~been ~~increments~~achieved, ~~depending~~resulting onin the ~~needs of the~~ Company ~~and~~potentially ~~repayment~~becoming ~~was~~ineligible ~~originally~~for ~~expected~~certain toanticipated ~~occur~~property intax ~~2012. During~~abatements ~~the year, as a condition~~ on ~~the~~improvements ~~issuance of common shares, the Company agreed~~ to ~~defer repayment of~~ the ~~related~~real ~~party~~estate ~~loans~~or ~~for~~on aequipment ~~period~~used ofin ~~10 years from~~ the ~~date~~production offacility ~~the~~to ~~original~~which ~~issuance,~~it ~~but~~may ~~no later than April 2017. As a result of this deferral, the fair value of the loans~~ have ~~been~~otherwise ~~recalculated and resulted in an additional discount of $635,598. The imputed interest rates have~~ been ~~assumed to remain as previously estimated, being prime on the date of the loan plus 4%~~entitled. ~~This results in imputed interest rates ranging from 6.25% to 8~~Consequently,~~75%. The~~ ~~discount~~an toestimate ~~the face value~~ of the ~~related~~property ~~party~~tax ~~loans~~abatements ishas ~~charged~~been toaccrued ~~contributed surplus. Imputed interest~~ for the year ended March 31, ~~2011 was $64,016 (2010: 23,996)~~2012.

~~Effective,~~If ~~July~~the 1,Company ~~2010,~~abandons the ~~Company~~production ~~sold~~facility ~~its~~within ~~50.1%~~the ~~interest~~first in5 years of operation, the ~~container~~Company ~~terminal~~will ~~business~~be required to ~~Marino~~repay ~~Kulas,~~a ~~the~~proportional ~~CEO~~amount of ~~Conforce~~the ~~International~~forgivable ~~for~~loan. If the ~~sum~~facility ofis ~~$417,989~~not ~~(CAD~~abandoned ~~$445,000)~~during the first 5 years the loan is completely forgiven. The ~~consideration~~Company iscontinues into operate the ~~form~~facility ofand aaccordingly ~~reduction~~$75,000 offor the ~~face~~year ~~value~~ended ofMarch 31, 2012 has been recorded as a gain on the ~~related~~forgivable ~~party~~loan ~~loans~~and ~~payable~~$100,000 is recorded as a current liability.

279. RELATED PARTY LOAN PAYABLE AND RELATED PARTY TRANSACTIONS

	March 31, 2012			March 31, 2011

Due to related parties	$	1,868,330		$	1,924,016
Less discount to fair value		(713,503	)		(813,262	)
	$	1,154,827		$	1,110,754

The amounts due to shareholder and amounts due to related parties are unsecured, non-interest bearing with no specific terms of repayment. The amounts due to related parties arise from cash advances made by related parties to the Company for operating capital and the purchase of machinery and equipment, primarily relating to the development of the composite flooring product.

Conforce International Inc.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

~~The~~For ~~gain on~~ the ~~sale~~years ofended ~~the~~March ~~container~~31, ~~terminal~~2012 isand ~~calculated~~2011 as(US ~~follows:~~Dollars)

Fair value of consideration received	$	417,989
Carrying value of noncontrolling interest		247,363
Less carrying value of net book value of assets of discontinued operations		(514,677	)
Gain on sale of discontinued operations	$	150,675

The loans have been advanced in different increments depending on the needs of the Company and repayment was originally expected to occur in 2012. As a condition of the issuance of common shares as a result of a private placement in October 2010, the Company agreed to defer repayment of the related party loans for a period of 10 years from the date of the original issuance, but no later than April 2017. As a result of this deferral, the fair value of the loans has been recalculated resulting in an additional discount of $635,598 at the time of deferral. The imputed interest rates have been assumed to remain as previously estimated, being prime on the date of the loan plus 4%. This results in imputed interest rates ranging from 6.25% to 8,75%. The discount to the face value of the related party loans is charged to contributed surplus. Imputed interest for the year ended March 31, 2012 was $75,519 (2011: $64,016).

AsDuring ~~a result of~~ the ~~disposal~~year of the ~~container~~Company ~~terminal~~acquired ~~division,~~certain ~~the~~equipment ~~loan~~from ~~between~~a ~~the~~related ~~terminal~~party ~~division~~at ~~and~~a ~~the~~cost ~~EKO-FLOR~~of ~~division~~approximately ~~was fair valued~~$14,500. ~~Based~~In onaddition, ~~the~~a ~~same~~related ~~assumptions~~party ~~subjected~~was toreimbursed for the ~~related~~cost ~~party~~of ~~loans,~~labor used by the ~~fair~~Company ~~value~~in ofits ~~the~~operations. The ~~amount~~amounts ~~due~~are ~~was~~considered ~~$1,144,460~~market value.

9.As ~~SHARE~~at ~~CAPITAL~~March 31, 2012 there were no amounts due or payable to related parties, other than the related party loans previously detailed.

Effective, July 1, 2010, the Company sold its 50.1% interest in Conforce 1 to Marino Kulas, the CEO of Conforce International for the sum of USD 417,989 (CAD $445,000). As consideration, the face value of the related party loans payable was reduced accordingly. The gain on the sale of the Company’s stake in Conforce 1 is calculated as follows:

Fair value of consideration received	$	417,989
Carrying value of non-controlling interest		247,363
Less carrying value of net book value of assets of discontinued operations		(514,677	)

Gain on sale of discontinued operations	$	150,675

As a result of this transaction, the loan between Conforce 1 and CCC was fair valued. Based on the same assumptions applied to the related party loans, the fair value of the amount due was $1,144,460 at the time of disposal.

10.	SHARE CAPITAL

Preferred Shares

At March 31, ~~2011~~2012, the Company had authorized 5,000,000 preferred shares with a par value of $.0001 per share ~~and~~which may be issued in designated series from time to time by one or more resolutions adopted by the Board of Directors.

As at March 31, ~~2011~~2012 and March 31, ~~2010~~2011 no preferred shares were issued and outstanding.

Common Stock

At March 31, ~~2010~~2012 and March 31, ~~2009~~2011, the Company had authorized 250,000,000 shares of Common Stock at a par value of ~~CAD~~USD $0.0001 per share.

AtDuring ~~December~~the ~~31,~~quarter ~~2010~~ended ~~and~~December ~~March~~ 31, 2010, the Company ~~had~~issued ~~authorized 250~~13,~~000~~333,~~000~~334 common shares for gross proceeds of ~~Common~~$2,000,000. A ~~Stock~~commission atwas apaid ~~par~~in ~~value~~the amount of ~~CAD~~$120,005 for net proceeds of $1,879,995.~~0001~~ The ~~per~~net ~~share~~proceeds were utilized for the purchase of a manufacturing facility in Peru, Indiana and deposits on equipment necessary for establishing a production facility for the EKO-FLOR product.

During the ~~third~~ quarter ended ~~December~~March 31, ~~2010~~2011, the Company issued 1326,~~333~~785,~~334~~715 common shares at $0.28 per share for gross proceeds of $~~2,000,000~~7. 5 million. A ~~finder’s~~commission ~~fee was paid in the amount~~ of $~~120~~750,~~005~~000 ~~for~~and ~~net~~legal ~~proceeds~~fees of $15,~~879,995. The~~000 ~~net~~were ~~proceeds~~paid ~~are~~by ~~expected~~the toCompany bein ~~used~~connection ~~for~~therewith ~~the~~resulting ~~purchase~~in net proceeds of a$6,745,000. In ~~manufacturing~~addition ~~facility~~2,678,512 inbroker ~~the~~warrants ~~United~~were ~~States~~issued ~~and~~with ~~deposits~~an onexercise ~~equipment~~price ~~necessary~~of ~~for~~$0.28 ~~establishing~~per ashare. The ~~production~~warrants ~~facility~~expire ~~for~~on ~~the~~August ~~EKO-FLOR~~22, ~~product~~2012.

During the fourth quarter ended March 31, 2011, the Company issued 26,785,715 common shares at $0.28 per share for gross proceeds of $7.5 million. A finder’s fee of $750,000 and legal fees of $5,000 resulted in net proceeds of $6,745,000. In addition there were 2,678,512 broker warrants issued with an exercise price of $0.28 per share.27

As at March 31, 2011, there were 160,120,049 (2010: 120,001,000) shares issued and outstanding.

Conforce International Inc.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

	Common Stock
	Shares			Amount
Balance as at March 31, 2009		120,001,000		$	9,157
Vice President Product Development
- employment		46,667			5,418
- certification testing		400,000			60,524
Vice President Business Development
- employment		400,000			57,652
Service provider in settlement of outstanding invoices		85,310			8,531
Shares provided by a founding shareholder - charged to Contributed surplus		(931,977	)		(132,125	)
Balance as at March 31, 2010		120,001,000		$	9,157
Vice President Product Development
- employment		366,667			66,102
- certification testing		200,000			83,671
Vice President Business Development
- employment		600,000			89,747
Service provider in settlement of outstanding invoices		177,907			16,918
Shares provided by a founding shareholder - charged to Contributed surplus		(1,344,574	)		(256,438	)
Issuance of common shares		13,333,334			2,000,000
Less issuance costs					(120,005	)
Net proceeds					1,879,995
Issuance of common shares		26,785,715			7,500,000
Less issuance costs					(754,998	)
Less broker warrants					(911,338	)
Net proceeds					5,833,664
Balance March 31, 2011		160,120,049		$	7,722,816

For the years ended March 31, 2012 and 2011 (US Dollars)

As at March 31, 2012, there were 160,120,049 (2011: 160,120,049) common shares issued and outstanding.

	Common Stock
	Shares			Amount
Balance as at March 31, 2010		120,001,000		$	9,157
Vice President Product Development
-employment		366,667			66,102
-certification testing		200,000			83,671
Vice President Business Development
-employment		600,000			89,747
Service provider in settlement of outstanding invoices		177,907			16,918
Shares provided by a founding shareholder - changed to
Contributed surplus		(1,344,574	)		(256,438	)
Issuance of common shares		13,333,334			2,000,000
Less issuance costs					(120,005	)
Net proceeds					1,879,995
Issuance of common shares		26,785,715			7,500,000
Less issuance costs					(754,998	)
Less broker warrants					(911,338	)
Net proceeds					5,833,664
Balance March 31, 2011		160,120.049		$	7,722,816
Vice President Product Development
-employment		33,333			6,304
Shares provided by a founding shareholder - changed to
Contributed surplus		(33,333	)		(6,304	)

Balance March 31, 2012		160,120,049		$	7,722,816

Warrants

AsIn ~~part~~conjunction ofwith the ~~issuance~~private placement of common shares the Company granted 2,678,512 share purchase warrants with an exercise price of $0.28 and a term of 218 ~~years~~months. The warrants were valued using a ~~black~~Black-Scholes ~~scholes~~ valuation model with a share price at date of grant of $0.45, expected life of ~~1.5~~18 ~~years~~months, volatility of 164% and a risk free interest rate of 0.55%. The fair value of the warrants is $911,338. As at March 31, ~~2011~~2012 the share purchase warrants are expected to expire on ~~March~~August 3122, ~~2013~~2012.

29Options

During the year ended March 31, 2012, the Company granted a total of 360,000 options to employees dispersed in equal increments over three years with an exercise price of $0.50 cents per share. The options vest over a period of three years with one third vesting on each anniversary date following the date of issue. The options were valued at $130,140 using a Black-Scholes valuation model with a share price at the date of grant of $0.40, an expected life of 3 years, volatility of 144% and a risk free rate of 0.62%.

Conforce International Inc.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

~~10.~~For ~~LOSS~~the ~~PER~~years ~~SHARE~~ended March 31, 2012 and 2011 (US Dollars)

	2011		2010
	Number of options		Weighted average exercise price
Common shares outstanding		160,120,049		120,001,000
Outstanding, April 1, 2011		-		-
Warrants outstanding		2,678,512		-
Granted during the year		360,000	$	0.50
		162,798,561		120,001,000
Forfeited, exercised, expired during the year		-		-
Outstanding at March 31, 2012		360,000	$	0.50
Exercisable – December 31		-		-
Weighted average life of options outstanding – years		2.27

~~Loss~~During ~~per share is calculated on~~ the ~~basis~~year ofended ~~net~~March ~~loss~~31, ~~divided~~2012, bystock ~~the~~based ~~weighted~~compensation ~~average~~expensed ~~number of common shares outstanding~~ for ~~the~~stock ~~year. The~~options ~~impact~~was of warrants is anti-dilutive as the Company incurred losses during 2011 and 2010. The following table represents the maximum number of shares that would be outstanding if all dilutive instruments were exercised and converted as at March 31$48, ~~2011~~870.

11. ~~COMMITMENTS~~LOSS PER SHARE

Loss per share is calculated on the basis of net loss divided by the weighted average number of common shares outstanding for the year. The impact of warrants and options is anti-dilutive as the Company incurred losses during 2012 and 2011. The following table represents the maximum number of shares that would be outstanding if all dilutive instruments were exercised and converted as at March 31, 2012.

	2012		2011
Common shares outstanding		160,120,049		160,120,049
Warrants outstanding		267,851		2,678,512
Options outstanding		360,000		-
		160,747,900		162,798,561

12.	COMMITMENTS

Lease commitments

The Company leases office space under a five year lease ~~which~~that runs through April 2012. Monthly lease payments are approximately $4,~~300~~132. This lease has been extended to July 31, 2012.

The Company has entered into a short term leasing agreement for a private automobile for use by Company employees for travel to visit the US based manufacturing facility. The monthly lease payments are approximately $~~640~~420.

Future lease commitments for the fiscal years ending:

2012 $ 5618,~~098~~176

~~Purchase~~13. ~~commitments~~INCOME TAXES

The ~~Company~~reconciliation ~~entered~~of ~~into~~income antax ~~agreement~~expense ~~with~~for ~~a major product supplier to acquire certain manufacturing equipment provided by~~ the ~~supplier~~years toended beMarch ~~used~~31 incomputed ~~its~~as ~~trial facility in the amount of $151,390. Repayment was expected to be made from an equity financing round intended for~~ a ~~production~~combined ~~facility,~~federal ~~however, subsequent to year end the Company~~ and ~~the~~provincial ~~supplier~~statutory ~~have~~rate ~~agreed~~ to ~~offset~~income ~~the~~tax ~~amounts~~expense ~~committed~~is ~~against~~as ~~amounts receivable from the supplier in relation to research and development.~~follows:

~~12. INCOME TAXES~~29

The reconciliation of income tax expense for the years ended March 31 computed combined federal and provincial statutory rate to income tax expense is as follows:

	2011			2010
Income tax at statutory rates (2011 - 29%, 2010 - 30%)		(639,228	)		(287,926	)
Permanent differences between income for tax purposes and accounting		124,767			10,860
Differences in deductions for accounting purposes and tax due to allowable timing of deductions		32,843			40,213
Change in effective tax rates		8,784
Increase in valuation allowance		472,834			236,853
	$	-		$	-

Conforce International Inc.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

For the years ended March 31, 2012 and 2011 (US Dollars)


	2012			2011

Income tax at statutory rates (2012 - 36%, 2011 - 29%)		(1,370,903	)		(639,228	)
Permanent differences between income for tax purposes and accounting		29,417			124,767
Differences in deductions for accounting purposes and tax due to allowable timing of deductions		126,973			32,843
Change in effective tax rates		-			8,784
Increase in valuation allowance		1,214,513			472,834

	$	-		$	-

The significant components of the deferred tax accounts recognized for financial reporting purposes are as follows:

	2011		2010
	2012		2011
Non-capital loss carry forwards	$	~~745~~1,~~144~~959,657	$	~~273~~745,~~310~~144
Less valuation allowance		~~745~~1,~~144~~959,657		~~272~~745,~~310~~144
Net future income tax assets	$	-	$	-

As at March 31, ~~2011~~2012 the Company had net operating loss carry forwards of approximately $25.65 million ~~for both Federal and Provincial tax purposes~~, which expire in varying amounts between 2018 and ~~2020~~2021. The Company’s net deferred tax asset has been offset by a valuation allowance of the same amount. The valuation allowance has been recorded due to the uncertainty of realization of the deferred tax asset.

1314. FINANCIAL INSTRUMENTS

The Company accounts for certain assets and liabilities at fair value. In determining fair value, wethe ~~consider~~Company considers its principal or most advantageous market and the assumptions that market participants would use when pricing, such as inherent risk, restrictions on sale and risk of nonperformance. The fair value hierarchy is based upon the observability of inputs used in valuation techniques. Observable inputs (highest level) reflect market data obtained from independent sources, while ~~unobservable~~non-observable inputs (lowest level) reflect internally developed market assumptions. The fair value measurements are classified under the following hierarchy:

Level 1 —	Quoted prices for identical instruments in active markets.
Level 2 —	Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs or significant value-drivers are observable in active markets.
Level 3 —	Model-derived valuations in which one or more significant inputs or significant value-drivers are ~~unobservable~~non-observable.

Assets and liabilities measured at fair value on a recurring basis, excluding accrued interest components, consisted of the following types of instruments as of March 31, ~~2011~~2012 and ~~2010~~2011:

Fair values measured at March 31, 2011 using:
	Total		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	6,121,074		6,121,074		-		-
Accounts receivable	$	611,375		611,375		-		-
Financial Liabilities:
Accounts payable and accrued liabilities	$	468,322		468,322		-		-
Term loan	$	208,032		208,032		-		-
Related party loan payable	$	1,110,754		-		-		1,110,754

Conforce International Inc.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Fair values measured at March 31, 2010 using:
	Total		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	146,304		146,304		-		-
Accounts receivable	$	83,760		83,760		-		-
Financial Liabilities:
Accounts payable and accrued liabilities	$	189,367		189,367		-		-
Term loan	$	220,817		220,817		-		-
Related party loan payable	$	1,824,168		-		-		1,824,168

For the years ended March 31, 2012 and 2011 (US Dollars)

14. BUSINESS SEGMENTS

Fair values mesured at March 31, 2012 using:
	Total		Level 1		Level 2		Level 3
Financial Liabilities:
Related party loan payable	$	1,154,827		-		-		1,154,827

Prior to June 30, 2010, the Company operated in two reportable business segments; Container Terminal and EKO-FLOR. The Container Terminal operation was organized as Conforce 1 Container Terminals, Inc., a 50.1% owned subsidiary of the Company and responsible for all container terminal operations. EKO-FLOR is organized as Conforce Container Corporation a 100% owned subsidiary of the Company. This subsidiary is responsible for the development, manufacturing, sales and marketing of the Company’s EKO-FLOR product.

Fair values mesured at March 31, 2011 using:
	Total		Level 1		Level 2		Level 3
Financial Liabilities:
Related party loan payable	$	1,110,754		-		-		1,110,754

15. ~~ECONOMIC~~BUSINESS ~~DEPENDENCE~~SEGMENTS

~~For~~Since the ~~year~~sale ~~ended~~of ~~March~~Conforce 311 in July of 2010, ~~2011~~the Company operates as a single business unit focused on two primary markets: Container Flooring and Trailer Flooring. CCC, ~~82%~~a wholly-owned subsidiary of the Company, is responsible for the research and development of EKO-FLOR ~~composite~~products. ~~flooring~~CUI, ~~revenue~~a ~~was~~wholly-owned ~~generated~~subsidiary ~~from~~of 2the ~~major~~Company, ~~customers~~has ~~(2010: 100%)~~sales and manufacturing operations in the U.S.

16. ~~DISCONTINUED~~ECONOMIC ~~OPERATIONS~~DEPENDENCE

AnFor ~~analysis~~the ofyear ~~the~~ended ~~financial~~March ~~results~~31, 2012, 100% of the ~~discontinued~~EKO-FLOR ~~operations~~composite ~~for~~flooring ~~the~~revenue ~~years~~was ~~ended~~generated ~~March~~from 31a single customer. For 2011, is82% asof ~~follows:~~revenues were generated from 2 customers.

	2011			2010
Revenues	$	292,505		$	1,079,487
Cost of revenues		145,510			503,345
Gross profit		146,995			576,142
Expenses		145,511			534,258
Income before tax of discontinued operations		1,484			41,884
Income tax expense		3,125			40,811
Income (loss) from discontinued operations	$	(1,641	)	$	1,073

17.	DISCONTINUED OPERATIONS

~~The~~Discontinued operations had no impact for the year ended March 31, 2012. An analysis of the financial ~~position~~results of the discontinued operations asfor atthe year ended March 31, ~~2010~~2011 ~~was~~is as follows:

	March 31, 2010
	2011
Cheques issued in excess of cash	$	(3,166	)
Revenues	$	292,505
Accounts receivable		334,921
Cost of revenues		145,510
Plant and equipment		68,193
Gross profit		146,995
Loan receivable from Conforce Corporation		1,144,460
Expenses		145,511
Accounts payable and accrued liabilities		(206,638	)
Income before tax of discontinued operations		1,484
Income taxes payable		(263,164	)
Income tax expense		3,125
Shareholder loan payable		(6,165	)
Income (loss) from discontinued operations	$	(1,641	)
Deferred rent		(27,481	)
Related party loans payable		(363,385	)
Net book value of discontinued operations		677,575

3218. CHANGES IN NON-CASH WORKING CAPITAL

Conforce International Inc.

	2012			2011

Accounts receivable	$	516,580		$	(499,334	)
Inventory		(598,710	)		27,257
Prepaid expenses		(113,432	)		16,720
Accounts payable and accrued liabilities		(142,270	)		257,411

	$	(337,832	)	$	(197,946	)

~~NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS~~31

17. CHANGES IN NON-CASH WORKING CAPITAL

	2011			2010
Accounts receivable	$	(499,334	)	$	92,901
Inventory		27,257			(27,101	)
Prepaid expenses		16,720			(15,668	)
Accounts payable and accrued liabilities		257,411			(50,779	)
	$	(197,946	)	$	(647	)

18. COMPARATIVE STATEMENTS

The comparative figures have been reclassified to conform to the current year’s presentation.

Filing Compare · Conforce International, Inc.