Exhibit 99.1

UNITED STATES DEPARTMENT OF JUSTICE

OFFICE OF THE UNITED STATES TRUSTEE

SOUTHERN DISTRICT OF CALIFORNIA


In Re:		CHAPTER 11 (BUSINESS)

IMAGENETIX, INC.,		CASE NO. ____12-16423 MM11
		OPERATING REPORT NO. 20
	Debtor(s).	FOR THE MONTH ENDING:
		July 31, 2014

I. CASH RECEIPTS AND DISBURSEMENTS

A. (GENERAL ACCOUNT*)

1. TOTAL RECEIPTS PER ALL PRIOR GENERAL ACCOUNT REPORTS			$	2,567,707.38

2. LESS: TOTAL DISBURSEMENTS PER ALL PRIOR GENERAL ACCOUNT REPORTS			$	2,514,484.74

3. BEGINNING BALANCE			$	53,222.64

4. RECEIPTS DURING CURRENT PERIOD:

ACCOUNTS RECEIVABLE - PRE-FILING	$	-
ACCOUNTS RECEIVABLE - POST-FILING	$	27,720.00
GENERAL SALES	$	-
OTHER (SPECIFY) _Rental sublet_	$	400.00
OTHER ** (SPECIFY) _Client trust acct/ other	$	450,044.15

TOTAL RECEIPTS THIS PERIOD:			$	478,164.15
5. BALANCE:			$	531,386.79

6. LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD

TRANSFERS TO OTHER DIP ACCOUNTS	$	-
DISBURSEMENTS	$	359,058.67
TOTAL DISBURSEMENTS THIS PERIOD***:			$	359,058.67

7. ENDING BALANCE:			$	172,328.12

8. GENERAL ACCOUNT NUMBER ____xxxxxx8451__________________________

DEPOSITORY NAME AND LOCATION _California Bank & Trust, 16796 Bernardo Center Dr.,

_______________________________________San Diego, CA 92128_______________________________________

All receipts must be deposited into the general account.

Include receipts from the sale of any real or personal property out of the ordinary course of business; attach an exhibit specifying what was sold, to whom, terms, and date of Court Order or Report of Sale.

***

This amount should be the same as the total from page 2.

IX. BALANCE SHEET

(ACCRUAL BASIS ONLY)

	Current Month End

ASSETS
Current Assets:
Unrestricted Cash	$	172,628.12
Restricted Cash		_____________
Accounts Receivable	$	410,975.73
Inventory	$	192,274.38
Notes Receivable		_____________
Prepaid Expenses		_____________
Other (Itemize)		_____________
Total Current Assets				$	775,878.23

Property, Plant, and Equipment	$	254,873.45
Accumulated Depreciation/Depletion	$	(254,873.45	)
Net Property, Plan, and Equipment				$	-

Other Assets (Net of Amortization):
Due from Insiders		_____________
Other (Itemized) See page 12 disclosure attached	$	47,262.90
Total Other Assets				$	47,262.90

TOTAL ASSETS				$	823,141.13

LIABILITIES
Post-Petition Liabilities:
Accounts Payable	$	94,573.90
Taxes Payable		_____________
Notes Payable		_____________
Professional Fees	$	471,156.45
Secured Debt		_____________
Other (Itemized) See page 12 disclosure attached	$	176,921.52
Total Post-Petition Liabilities				$	742,651.87

Pre-Petition Liabilities:
Secured Liabilities	$	3,384,134.23
Priority Liabilities	$	1,895.00
Unsecured Liabilities	$	949,628.01
Other (Itemized) See page 12 disclosure attached	$	21,039.60
Total Pre-Petition Liabilities				$	4,356,696.84

TOTAL LIABILITIES				$	5,099,348.71

EQUITY:
Pre-Petition Owners' Equity	$	(5,337,578.31	)
Post-Petition Profit/(Loss)	$	1,061,370.73
Direct Charges to Equity		_____________

TOTAL EQUITY				$	(4,276,207.58	)

TOTAL LIABILITIES & EQUITY				$	823,141.13
					_____________

IX. PROFIT AND LOSS STATEMENT

(ACCRUAL BASIS ONLY)

	Current Month			Cumulative Post-Petition
Sales/Revenue:
Gross Sales/Revenue	$	190,086.85		$	3,917,686.76
Less: Returns/Discounts		(_____________)			(_____________)
Net Sales/Revenue	$	190,086.85		$	3,917,686.76

Cost of Goods Sold:
Beginning Inventory at cost	$	193,966.42		$	22,488.00
Purchases	$	78,718.21		$	981,729.70
Less: Ending Inventory at cost	$	(192,274.38	)	$	(192,274.38	)
Cost of Goods Sold (COGS)	$	80,410.25		$	811,943.32

Gross Profit	$	109,676.60		$	3,105,743.44

Other Operating Income (Itemize)		_____________			_____________

Operating Expenses:
Payroll - Insiders	$	32,321.20		$	614,195.79
Payroll - Other Employees	$	7,606.34		$	224,079.66
Payroll Taxes	$	3,119.38		$	65,660.11
Other Taxes (Itemize)		_____________			_____________
Depreciation and Amortization	$	197.75		$	38,758.89
Rent Expense - Real Property	$	9,516.70		$	183,161.70
Lease Expense - Personal Property		_____________			_____________
Insurance	$	4,475.31		$	103,497.65
Real Property Taxes	$	-		$	2,178.97
Telephone and Utilities	$	3,502.29		$	57,477.59
Repairs and Maintenance		_____________			_____________
Travel and Entertainment (Itemize) business meals and parking	$	690.85		$	11,213.04
Miscellaneous Operating Expenses (Itemize) see attached	$	25,879.96		$	204,132.29
Total Operating Expenses	$	(87,309.78	)	$	(1,504,355.69	)

Net Gain/(Loss) from Operations	$	22,366.82		$	1,601,387.75

Non-Operating Income:
Interest Income		_____________			_____________
Net Gain on Sale of Assets (Itemize)		_____________			_____________
Other (Itemize)	$	292,500.00		$	335,399.00
Total Non-Operating Income	$	292,500.00		$	335,399.00

Non-Operating Expense:
Interest Expense	$	4,626.11		$	88,329.58
Legal and Professional (Itemize)	$	32,165.41		$	787,086.44
Other (Itemize)		_____________			_____________
Total Non-Operating Expenses	$	(36,791.52	)	$	(875,416.02	)

NET INCOME/(LOSS)	$	278,075.30		$	1,061,370.73

(Attach exhibit listing all itemizations required above)

IMAGENETIX INC /NV/ 8-K