UNITEDTable STATESof Contents

~~SECURITIES AND~~UNITED ~~EXCHANGE~~STATES ~~COMMISSION~~

~~Washington,~~SECURITIES ~~D.C. 20549~~AND EXCHANGE COMMISSION

~~Form 10-K~~Washington, D.C. 20549

~~|X| Annual~~Form ~~Report under Section 13 or 15(d) of the Securities Exchange Act of~~10-K ~~1934~~

~~For the~~x ~~fiscal~~Annual ~~year~~Report ~~ended~~under ~~September~~Section ~~30,~~13 ~~2009~~or 15(d) of the Securities Exchange Act of 1934

OrFor the fiscal year ended September 30, 2010

~~|_| Transitional~~Or ~~Report under Section 13 or 15(d) of the Securities Exchange Act of 1934~~

~~000-52974~~¨ Transitional Report under Section 13 or 15(d) of the Securities Exchange Act of 1934

~~Commission file~~000-52974 ~~number~~

~~Stalar~~Commission 4,file ~~Inc.~~ number

~~(Name of~~Stalar ~~Small~~4, ~~Business Issuer in its charter)~~Inc.

Delaware	26-1402673
(State or other jurisdiction of	(I.R.S. Employer
incorporation or organization)	Identification No.)
11755 Wilshire Blvd., Suite 2000
Los Angeles, CA	90025
(Address of principal executive offices)	(Zip Code)

(Name of Small Business Issuer in its charter)

Issuer's telephone number: (310) 883-1300


Delaware		26-1402673
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

11755 Wilshire Blvd., Suite 2000 Los Angeles, CA		90025
(Address of principal executive offices)		(Zip Code)

~~Securities registered~~Issuer’s ~~under~~telephone ~~Section~~number: 12(b310) 883-1300 ~~of the Act: None~~

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

~~Common~~Securities ~~Stock,~~registered ~~$0.0001~~under ~~Par Value~~Section 12(g) of the Act:

~~(Title of~~Common ~~Class)~~Stock, $0.0001 Par Value

~~Indicate by~~(Title ~~check mark if the registrant is a well-known seasoned issuer, as defined in rule 405~~ of ~~the~~Class) ~~Securities Act. YES [ ] NO [X]~~

Indicate by check mark if the registrant is ~~not~~a ~~required~~well-known toseasoned ~~file~~issuer, ~~reports~~as ~~pursuant~~defined ~~to Section~~in 13rule or405 ~~15(d)~~ of the ~~Exchange~~ Securities Act. YES ¨ NO x ~~[ ]~~

~~Check whether~~Indicate ~~the~~by ~~issuer~~check ~~(1)~~mark ~~has~~if ~~filed~~the ~~all~~registrant ~~reports~~is not required to befile ~~filed~~reports bypursuant ~~Section~~to 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~~Act. ¨ ~~YES [X] NO [ ]~~

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

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-1-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 ¨ NO x

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. ~~|X|~~ x

Indicate by checkmark whether the registrant is a large accelerated filer, an ~~accelerated~~ accelerated filer, a non-accelerated filer, or a smaller reporting company.

~~[X]~~ x Smaller Reporting Company

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

State issuer'’s revenues for its most recent fiscal year. The Company had no revenues during its fiscal year ending September 30, ~~2009~~2010.

~~The aggregate~~As ~~market~~of ~~value~~December 17, 2010, 2,022,500 shares of the ~~common~~Registrant’s ~~stock~~Common ~~held~~Stock byand ~~non-affiliates~~no shares of the ~~issuer was~~Registrant’s ~~$900.00~~Preferred onStock ~~September~~were ~~30,~~issued ~~2009~~and outstanding.

As ofTable September 30, 2009, 2,022,500 shares of the Registrant's Common Stock and no shares of the Registrant's Preferred Stock were issued and outstanding.Contents

~~-2-~~STALAR 4, INC.

~~STALAR~~Form 4,10-K ~~INC.~~

~~Form~~Report for the Fiscal Year Ended September 30, 2010 ~~10-K~~

~~Report for~~TABLE ~~the~~OF ~~Fiscal~~CONTENTS ~~Year Ended September 30, 2009~~

TABLE OF CONTENTS
			Page
		Page
PART I
PART I
Item 1.		Business		3
Item 1.	Business	4
Item 1A.		Risk Factors		3
Item 1A.	Risk Factors	4
Item 1B.		Unresolved Staff Comments		3
Item 1B.	Unresolved Staff Comments	4
Item 2.		Properties		3
Item 2.	Properties	4
Item 3.		Legal Proceedings		3
Item 3.	Legal Proceedings	4
Item 4.		Submission of Matters to a Vote of Security Holders		3
Item 4.	Submission of Matters to a Vote of Security Holders	4
PART II
PART II
Item 5.		Market for Registrant’s Common Equity and Related Stockholder Matters and Issuer Purchases of Equity Securities		4
Item 5.	Market for Registrant’s Common Equity and Related Stockholder Matters and Issuer Purchases of Equity Securities	5
Item 6.		Selected Financial Data		4
Item 6.	Selected Financial Data	5
Item 7.		Management’s Discussion and Analysis of Financial Condition and Results of Operations		5
Item 7.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	6
Item 7A.		Quantitative and Qualitative Disclosures About Market Risk		5
Item 7A.	Quantitative and Qualitative Disclosures About Market Risk	6
Item 8.		Financial Statements and Supplementary Data		6
Item 8.	Financial Statements and Supplementary Data	7
Item 9.		Changes In and Disagreements With Accountants on Accounting and Financial Disclosure		6
Item 9.	Changes In and Disagreements With Accountants on Accounting and Financial Disclosure	7
Item 9A(T).		Controls and Procedures		6
Item 9A(T).	Controls and Procedures	7
Item 9B.		Other Information		6
Item 9B.	Other Information	7
PART III
		7
Item 10.		Directors, Executive Officers and Corporate Governance		7
PART III
Item 11.		Executive Compensation		8
Item 10.	Directors, Executive Officers and Corporate Governance	8
Item 12.		Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters		10
Item 11.	Executive Compensation	9
Item 13.		Certain Relationships and Related Transactions, and Director Independence		10
Item 12.	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters	11
Item 14.		Principal Accountant Fees and Services		10
Item 13.	Certain Relationships and Related Transactions, and Director Independence	11
PART IV
Item 14.	Principal Accountant Fees and Services	11
Item 15.		Exhibits, Financial Statement Schedules		11
PART IV
Item 15.	Exhibits, Financial Statement Schedules	12

~~-3-~~2

PART ITable of Contents

~~ITEM 1.~~PART ~~BUSINESS.~~I

~~Stalar 4,~~ITEM ~~Inc~~1. ~~("we", "us", "our", the "Company" or the "Registrant") was incorporated in the State of Delaware on November 13, 2007~~BUSINESS. Since inception, the Company has been engaged in organizational efforts and obtaining initial financing. The Company was formed as a vehicle to pursue a business combination and has made numerous efforts to date to identify a possible business combination. The Company has conducted negotiations regarding a target business, but has not entered into a letter of intent. The business purpose of the Company is to seek the acquisition of, or merger with, an existing operating company.

~~Currently~~Stalar 4, Inc. (“we”, “us”, “our”, the “Company” ~~would~~or bethe ~~defined~~“Registrant”) aswas aincorporated ~~"shell"~~in ~~company,~~the anState ~~entity~~of ~~which~~Delaware ison ~~generally described~~November 13, as2007. ~~having~~Since noinception, orthe ~~nominal~~Company ~~operations~~has ~~and~~been noengaged orin ~~nominal~~organizational ~~assets~~efforts and obtaining initial financing. The Company was ~~organized~~formed as a vehicle to ~~investigate~~pursue ~~and,~~a ifbusiness ~~such~~combination ~~investigation warrants,~~and ~~acquire~~has amade ~~target~~numerous ~~company~~efforts orto ~~business~~date ~~seeking~~to ~~the~~identify ~~perceived advantages of being~~ a ~~publicly-held~~possible ~~corporation. Our principal~~ business ~~objective~~combination. ~~for~~The ~~the past~~Company 12has ~~months,~~conducted ~~for~~negotiations ~~the~~regarding ~~next~~a 12target ~~months and beyond such time will be to achieve~~business, ~~long-term~~but ~~growth~~has ~~potential~~not ~~through~~entered into a ~~combination~~letter ~~with~~of ~~an operating business~~intent. The ~~Company~~ ~~will~~business ~~not~~purpose ~~restrict~~of ~~our~~the ~~potential~~Company ~~candidate~~is ~~target~~to ~~companies~~seek tothe ~~any specific~~acquisition ~~business~~of, ~~industry~~ or ~~geographical~~merger ~~location and~~with, ~~thus,~~an ~~may~~existing ~~acquire~~operating ~~any type of business~~company.

~~The~~ Currently our Company ~~does~~would ~~not~~be ~~currently~~defined ~~engage~~as ina ~~any~~“shell” ~~business~~company, ~~activities~~an ~~that~~entity ~~provide~~which ~~cash flow~~is generally described as having no or nominal operations and no or nominal assets. The ~~costs~~Company ofwas ~~investigating~~organized as a vehicle to investigate and, ~~analyzing~~if such investigation warrants, acquire a target company or business ~~combinations~~seeking the perceived advantages of being a publicly-held corporation. Our principal business objective for the ~~next~~ past 12 months, for the next 12 months and beyond such time will be ~~paid~~to achieve long-term growth potential through a combination with ~~money~~an inoperating ~~our~~business. ~~treasury, and/or~~The ~~through~~Company ~~borrowings~~will ~~from~~not restrict our ~~stockholder~~potential candidate target companies to any specific business, ~~management~~industry or ~~other~~geographical location ~~investors~~and, thus, may acquire any type of business.

~~We presently~~The ~~have~~Company nodoes ~~employees~~not ~~apart~~currently ~~from~~engage ~~our~~in ~~management.~~any ~~Our~~business ~~sole~~activities ~~officer~~that ~~and~~provide ~~sole director~~cash isflow. ~~employed~~The costs ~~full-time~~of byinvestigating ~~Abraxis BioScience, LLC~~ and heanalyzing ~~devotes to our~~ business ~~very~~combinations ~~limited~~for ~~time~~the ~~until~~next a12 ~~proposed~~months ~~acquisition~~and ~~has~~beyond ~~been~~such ~~identified.~~time ~~We expect~~will nobe ~~significant~~paid ~~changes~~with money in ~~the~~our ~~number~~treasury, ofand/or ~~our~~through ~~employees~~borrowings ~~other~~from ~~than~~our ~~such changes~~stockholder, ifmanagement ~~any,~~or ~~incident~~other ~~to a business combination~~investors.

~~As reported~~We onpresently ~~Form~~have ~~8-K,~~no ~~filed~~employees ~~December~~apart ~~17,~~from ~~2009,~~our onmanagement. ~~December 9,~~Our ~~2009~~sole ~~Abraxis BioScience,~~officer ~~LLC,~~and asole ~~Delaware~~director ~~limited~~is ~~liability~~employed ~~company (“Abraxis”) and wholly~~full-~~owned~~time ~~subsidiary~~by of Abraxis BioScience, ~~Inc.,~~LLC ~~purchased~~and ~~2,022,500 shares~~he ofdevotes ~~the~~to ~~Company’s~~our ~~Common~~business ~~Stock,~~very ~~representing~~limited ~~100%~~time ofuntil ~~the~~a ~~Company’s~~proposed ~~issued~~acquisition ~~and outstanding~~has ~~shares~~been ~~of Common Stock~~identified. ~~The~~ ~~aggregate~~We ~~purchase~~expect ~~price~~no ~~for the~~significant ~~shares~~changes ~~was~~in ~~$62,500. This acquisition by Abraxis was made pursuant to~~ the ~~terms~~ number of aour ~~Stock~~employees ~~Purchase~~other ~~Agreement~~than ~~(the~~such ~~“Agreement”) entered into by and among Abraxis~~changes, ~~the~~if ~~Company~~any, ~~Dr. Steven~~incident R.to ~~Fox~~a ~~and~~business ~~other holders of shares of Common Stock of the Company on November 24, 2009~~combination.

~~Dr.~~As reported on Form 8-K, filed December ~~Steven R.~~17, ~~Fox~~2009, ~~was~~on ~~previously~~December 9, ~~the~~2009 ~~controlling~~Abraxis ~~stockholder~~BioScience, ~~sole~~LLC, ~~director~~a ~~and~~Delaware ~~sole~~limited liability company ~~officer~~(“Abraxis”) and wholly-owned subsidiary of Abraxis BioScience, Inc., purchased 2,022,500 shares of the Company~~. Following~~’s ~~this~~Common ~~transaction~~Stock, ~~Dr.~~representing ~~Fox~~100% ~~resigned~~of the Company’s issued and outstanding shares of Common Stock. The aggregate ~~all~~purchase ~~positions~~price ~~within~~for the ~~Company~~shares was $62,500. ~~and~~This ~~Bruce~~acquisition ~~Wendel~~by Abraxis was ~~appointed~~made aspursuant to the ~~sole officer~~terms of a Stock Purchase Agreement (the “Agreement”) entered into by and ~~sole~~among Abraxis, ~~director~~the Company, Dr. Steven R. Fox and other holders of shares of Common Stock of the Company on November 24, 2009.

~~ITEM~~Dr. Steven R. Fox was previously the controlling 1Astockholder, sole director and sole officer of the Company. ~~RISK~~ Following ~~FACTORS~~this transaction, Dr. Fox resigned all positions within the Company, and Bruce Wendel was appointed as the sole officer and sole director of the Company.

~~A smaller~~ITEM ~~reporting~~1A. ~~company~~RISK ~~is not required to provide the information required by this Item~~FACTORS.

~~ITEM~~A 1Bsmaller reporting ~~. UNRESOLVED~~company ~~STAFF~~is ~~COMMENTS~~not required to provide the information required by this Item.

~~A smaller~~ITEM ~~reporting~~1B. ~~company~~UNRESOLVED isSTAFF ~~not required to provide the information required by this Item~~COMMENTS.

~~ITEM~~A smaller 2reporting company is not required to provide the information required by this Item. ~~PROPERTY.~~

~~The Company~~ITEM ~~neither rents nor owns any property~~2. ~~The~~ ~~Company utilizes the office space and equipment of Abraxis at no cost~~PROPERTY. ~~Management estimates such amounts to be immaterial.~~

~~ITEM~~The Company neither rents nor 3owns any property. ~~LEGAL~~ The ~~PROCEEDINGS~~Company utilizes the office space and equipment of Abraxis at no cost. Management estimates such amounts to be immaterial.

~~To the~~ITEM ~~best~~3. ~~knowledge~~LEGAL ~~of our officers and directors, the Company is not a party to any legal proceeding or litigation~~PROCEEDINGS.

~~ITEM~~To the best knowledge ~~4. SUBMISSION~~of OFour ~~MATTERS~~officers TOand Adirectors, ~~VOTE~~the OFCompany ~~SECURITY HOLDERS~~is not a party to any legal proceeding or litigation.

~~No matters~~ITEM ~~were~~4. ~~submitted~~SUBMISSION toOF aMATTERS ~~vote~~TO ofA ~~security~~VOTE ~~holders~~OF ~~during~~SECURITY ~~the fourth quarter of the fiscal year covered by this Report~~HOLDERS.

~~-4-~~No matters were submitted to a vote of security holders during the fourth quarter of the fiscal year covered by this Report.

~~PART II~~3

ITEM 5. MARKETTable FORof REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.Contents

~~Common Stock~~PART II

~~Our Certificate~~ITEM ~~of Incorporation authorizes the issuance of up to 75,000,000 shares of common stock, par value $~~5.~~0001~~ ~~per~~MARKET ~~share~~FOR ~~(the~~REGISTRANT’S ~~“Common~~COMMON ~~Stock”). The Common Stock is not listed on a publicly-traded market. As of September 30~~EQUITY, ~~2009,~~RELATED ~~there~~STOCKHOLDER ~~were~~MATTERS 46AND ~~record~~ISSUER ~~holders~~PURCHASES ofOF ~~the~~EQUITY ~~Company's Common Stock~~SECURITIES. ~~As of February 5, 2010, there was one holder of record of the Common Stock.~~

~~Preferred~~ Common Stock

Our Certificate of Incorporation authorizes the issuance of up to 2575,000,000 shares of ~~preferred~~common stock, par value $.0001 per share (the “~~Preferred~~ Common Stock”). The ~~Company~~Common ~~has~~Stock is not ~~yet~~listed ~~issued~~on ~~any~~a ofpublicly-traded ~~its~~market. As ~~Preferred~~of September 30, 2010, there was one holder of record of the Common Stock.

~~Dividend Policy~~Preferred Stock

~~The Company~~Our ~~has~~Certificate ~~not~~of ~~declared~~Incorporation orauthorizes ~~paid~~the ~~any~~issuance ~~cash~~of ~~dividends~~up ~~on its Common Stock and does not intend~~ to ~~declare~~25,000,000 orshares ~~pay any cash dividend in the foreseeable future. The payment~~ of ~~dividends,~~preferred ~~if any~~stock, ispar ~~within~~value ~~the~~$.0001 ~~discretion~~per ofshare (the ~~Board of Directors~~“Preferred ~~and~~Stock”). The ~~will~~Company ~~depend~~has onnot ~~the~~yet ~~Company’s~~issued ~~earnings, if~~ any, ~~its capital requirements and financial condition and such other factors as the Board~~ of ~~Directors~~its ~~may consider~~Preferred Stock.

~~Securities Authorized~~Dividend ~~for~~Policy ~~Issuance under Equity Compensation Plans~~

The Company ~~does~~has not ~~have~~declared or paid any ~~equity~~cash ~~compensation~~dividends ~~plans~~on its Common Stock and does not intend to declare or pay any ~~individual~~cash dividend in the foreseeable ~~compensation~~future. ~~arrangements~~The ~~with~~payment ~~respect~~of todividends, if any, is within the discretion of the Board of Directors and will depend on the Company’s earnings, if any, its ~~Common~~capital ~~Stock~~requirements orand ~~Preferred~~financial condition and such other factors as the Board of Directors ~~Stock~~may consider.

~~Recent Sales~~Securities ofAuthorized ~~Unregistered~~for ~~Securities~~Issuance under Equity Compensation Plans

The Company ~~did~~does not ~~sell~~have any equity ~~securities~~compensation ~~that~~plans ~~were~~or ~~not~~any ~~registered~~individual ~~under~~compensation ~~the Securities~~arrangements ~~Act~~with ~~during~~respect ~~the~~to ~~quarter~~its ~~ended~~Common ~~September~~Stock ~~30,~~or ~~2009~~Preferred Stock.

~~Pursuant to~~Recent aSales ~~Stock Purchase Agreement entered into by and among Abraxis, the Company, Dr. Steven R. Fox and all other holders~~ of ~~shares~~Unregistered of Common Stock of the Company on November 24, 2009, Abraxis acquired all issued and outstanding shares of Common Stock from Dr. Fox and the other Common Stockholders for an aggregate purchase price of $62,500 in a transaction that was effective December 9, 2009. The Company sold these shares of Common Stock under the exemption from registration provided by Section 4(2) of the Securities ~~Act~~ ~~of 1933, as amended and Regulation D promulgated thereunder.~~

~~On January~~The ~~15, 2009, the~~ Company ~~sold~~did annot ~~aggregate~~sell ofany ~~22,500~~equity ~~shares~~securities ofthat ~~its~~were ~~Common Stock~~not atregistered ~~a per share price of $.04, to 45 accredited investors for aggregate proceeds equal to $900. The Company sold these shares of Common Stock~~ under the ~~exemption~~ ~~from~~Securities ~~registration~~Act ~~provided~~during ~~by Section 4(2) of~~ the ~~Securities~~quarter ~~Act~~ended ~~of 1933~~September 30, ~~as amended and Regulation D promulgated thereunder~~2010.

~~On November~~Pursuant 13to ~~2007~~a Stock Purchase Agreement entered into by and among Abraxis, the Company, ~~sold~~Dr. Steven 2R. Fox and all other holders of shares of Common Stock of the Company on November 24,~~000~~ 2009,~~000~~ Abraxis acquired all issued and outstanding shares of ~~its~~ Common Stock tofrom Dr. ~~Steven~~ Fox R.and ~~Fox~~the other Common Stockholders for ~~total~~an ~~proceeds~~aggregate purchase price of $~~200~~62,500 in a transaction that was effective December 9, 2009. The Company sold ~~these~~ these shares of Common Stock under the exemption from registration provided by ~~Section~~ Section 4(2) of the Securities Act of 1933, as amended and Regulation D promulgated thereunder.

~~No securities~~On ~~have~~January 15, ~~been~~2009, ~~issued~~the ~~for~~Company ~~services.~~sold ~~Neither~~an ~~the~~aggregate ~~Company~~of ~~nor~~22,500 ~~any~~shares ~~person acting~~of on its ~~behalf~~Common ~~offered~~Stock orat ~~sold~~a ~~the~~per ~~securities~~share byprice ~~means~~ of ~~any~~$.04, ~~form~~to ~~of general~~45 ~~solicitation~~accredited orinvestors ~~general~~for ~~advertising~~aggregate proceeds equal to $900. NoThe ~~services~~Company ~~were~~sold these ~~performed~~shares of Common Stock under the exemption from registration provided by ~~any purchaser~~Section 4(2) of the Securities Act of 1933, as ~~consideration~~amended ~~for~~and ~~the~~Regulation ~~shares~~D ~~issued~~promulgated thereunder.

~~Issuer~~On November 13, 2007, the Company sold 2,000,000 shares of its Common Stock to Dr. Steven R. Fox for total proceeds of $200. The Company sold these shares of Common Stock under the ~~Purchases~~exemption from registration provided by Section 4(2) of ~~Equity~~the Securities Act of 1933, as amended and Regulation D promulgated thereunder.

~~None~~No securities have been issued for services. Neither the Company nor any person acting on its behalf offered or sold the securities by means of any form of general solicitation or general advertising. No services were performed by any purchaser as consideration for the shares issued.

~~ITEM~~Issuer ~~6. SELECTED FINANCIAL~~Purchases ~~DATA.~~of Equity Securities

~~A smaller reporting company is not required to provide the information required by this Item~~None.

~~-5-~~ITEM 6. SELECTED FINANCIAL DATA.

~~ITEM~~A smaller ~~7. MANAGEMENT'S~~reporting ~~DISCUSSION~~company ~~AND~~is ~~ANALYSIS~~not OFrequired ~~FINANCIAL~~to ~~CONDITION AND~~provide ~~RESULTS~~the OFinformation ~~OPERATIONS~~required by this Item.

~~The following~~4 presentation of management's discussion and analysis of the Company's financial condition and results of operations should be read in conjunction with the Company's consolidated financial statements and the accompanying notes thereto. This section and other parts of this report contain forward-looking statements that involve risks and uncertainties. The Company's actual results may differ significantly from the results discussed in the forward-looking statements.

OverviewTable of Contents

~~The Company~~ITEM ~~was incorporated on November 13, 2007~~7. ~~The~~MANAGEMENT’S ~~Company,~~DISCUSSION ~~which~~AND isANALYSIS inOF ~~the development~~FINANCIAL ~~stage,~~CONDITION ~~has~~AND ~~had~~RESULTS noOF ~~operations during the quarterly period ended September 30, 2009, nor for the period November 13, 2007 (inception) to September 30, 2009 and has no operations as of the date of this filing~~OPERATIONS.

~~Results~~The following presentation of management’s discussion and analysis of the Company’s financial condition and results of operations should be read in conjunction with the Company’s consolidated financial statements and the accompanying notes thereto. This section and other parts of ~~Operations,~~this ~~Liquidity~~report contain forward-looking statements that involve risks and ~~Capital~~uncertainties. ~~Resources~~The Company’s actual results may differ significantly from the results discussed in the forward-looking statements.

~~The~~Overview Company has not conducted any active operations since inception, except for its efforts to locate suitable acquisition candidates. No revenue has been generated by the Company from November 13, 2007 (Inception) to September 30, 2009. It is unlikely the Company will have any revenues unless it is able to effect an acquisition or merger with an operating company, of which there can be no assurance. It is management's assertion that these circumstances may hinder the Company's ability to continue as a going concern. The Company does not currently engage in any business activities that provide cash flow. The costs of investigating and analyzing business combinations for the next 12 months and beyond such time will be paid with money in our treasury, and/or through borrowings from our stockholder or other investors.

~~General and~~The ~~administrative~~Company ~~expenses~~was ~~were~~incorporated ~~$21~~on November 13,~~556~~ ~~for~~2007. ~~the~~The ~~fiscal~~Company, ~~year~~which ~~ended~~is ~~September~~in ~~30, 2009~~the ~~compared~~development ~~to $12~~stage,~~304~~ ~~for~~has ~~the~~had ~~period~~no ~~November~~operations ~~13,~~during the ~~2007~~quarterly ~~(inception)~~period ~~to September~~ended September 30, ~~2008~~2010, ~~and~~nor ~~$33,860~~ for the period November 13, 2007 (inception) to ~~September~~ September 30, ~~2009. General~~2010 and ~~administrative~~has ~~expenses~~no ~~consist primarily~~operations ofas ~~professional fees and organization expenses. We had a net loss~~ of ~~$21,556~~ ~~for~~ the ~~period~~date ~~October~~of 1,this ~~2008 to September 30, 2009~~filing.

~~The Company~~Results ~~was organized as a vehicle to investigate and, if such investigation warrants, acquire a target company or business seeking the perceived advantages~~ of being a publicly-held corporation. Our principal business objective for the next 12 months and beyond such time will be to achieve long-term growth potential through a combination with an operating business. The Company will not restrict our potential candidate target companies to any specific businessOperations, ~~industry~~ orLiquidity ~~geographical location~~ and, ~~thus,~~Capital ~~may~~Resources ~~acquire any type of business.~~

~~We expect~~The noCompany ~~significant~~has ~~changes~~not inconducted ~~the~~any ~~number~~active ofoperations ~~our~~since ~~employees~~inception, ~~other~~except ~~than~~for ~~such~~its efforts to locate suitable acquisition candidates. No revenue has been generated by the Company from ~~changes~~November 13, if2007 (Inception) to September 30, 2010. It is unlikely the Company will have any revenues unless it is able to effect an acquisition or merger with an operating company, ~~incident~~of which there can be no assurance. It is management’s assertion that these circumstances may hinder the Company’s ability to continue as a going concern. The Company does not currently engage in any business ~~combination~~activities that provide cash flow. The costs of investigating and analyzing business combinations for the next 12 months and beyond such time will be paid with money in our treasury, and/or through borrowings from our stockholder or other investors.

~~During~~ General and administrative expenses were $12,796 for the ~~next~~fiscal year ended September 30, 2010 compared to $21,556 for the fiscal year ended September 30, 2009, and $46,656 for the period November 13, 2007 (inception) to September 30, 2010. General and administrative expenses consist primarily of professional fees and organization expenses. We had a net loss of $12,796 ~~months~~and we$21,556 ~~anticipate~~for ~~incurring~~the ~~costs~~years ~~related~~ended September 30, 2010 and 2009, respectively, compared to: a net loss of $46,656 for the period November 13, 2007 (inception) to September 30, 2010.

The Company was organized as a) vehicle to investigate and, if such investigation warrants, acquire a target company or business seeking the perceived ~~filing~~advantages of ~~Exchange~~being ~~Act~~a ~~reports~~publicly-held corporation. Our principal business objective for the next 12 months and beyond such time will be to achieve long-term growth potential through a combination with an operating business. The Company will not restrict our potential candidate target companies to any specific business, industry or geographical location and, thus, may acquire any type of business.

~~b) investigating~~We expect no significant changes in the number of our employees other than such changes, ~~analyzing~~if ~~and~~any, ~~consummating~~incident anto ~~acquisition~~a business combination.

~~Going Concern~~During the next 12 months we anticipate incurring costs related to:

~~We financed our activities from inception to December 9, 2009 from loans from Dr. Steven R. Fox,~~ a) ~~former~~filing ~~majority stockholder, officer and director. We believe we will be able to meet current and future costs through use~~ of ~~funds~~Exchange ~~in our~~Act ~~treasury~~reports, ~~through deferral of fees by certain service providers~~ and ~~additional amounts, as necessary, to be loaned to or invested in us by our stockholder or other investors.~~

~~The report~~b) ~~of our independent registered public accounting firm~~investigating, ~~MSCM~~analyzing ~~LLP,~~and onconsummating ~~our audited~~an ~~financial statements contains a qualification regarding our ability to continue as a going concern~~acquisition.

~~Off-balance Sheet~~Going ~~Arrangements~~Concern

~~None~~We financed our activities from inception to December 9, 2009 from loans from Dr. Steven R. Fox, a former majority stockholder, officer and director. Subsequent to December 9, 2009, we have financed our activities with advances from Abraxis, our sole shareholder (Parent). We believe we will be able to meet current and future costs through use of funds in our treasury, through deferral of fees by certain service providers and additional amounts, as necessary, to be loaned to or invested in us by our shareholder or other investors.

~~ITEM~~The ~~7A. QUANTITATIVE~~report ~~AND~~of ~~QUALITATIVE~~our ~~DISCLOSURES~~independent ~~ABOUT~~registered ~~MARKET~~public accounting firm, MSCM LLP, on our ~~RISK~~audited financial statements contains a qualification regarding our ability to continue as a going concern.

AOff-balance ~~smaller~~Sheet ~~reporting~~Arrangements ~~company is not required to provide the information required by this Item.~~

~~-6-~~None

ITEM ~~8. FINANCIAL~~ ~~STATEMENTS~~7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

~~See the~~A ~~financial~~smaller ~~statements~~reporting ~~annexed~~company is not required to ~~this~~provide ~~annual~~the ~~report~~information required by this Item.

~~ITEM 9. CHANGES~~5 ~~IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE.~~

In itsTable twoof most recent fiscal years or any later interim period, the Company has had no disagreements with its independent accountants.Contents

ITEM ~~9A(T)~~ 8. ~~CONTROLS~~FINANCIAL ~~AND PROCEDURES~~STATEMENTS.

~~As of~~See the ~~end of the fiscal period covered by this report ("Evaluation Date"), our~~financial ~~management~~statements ~~concluded~~annexed its evaluation of the effectiveness of the design and operation of our disclosure controls and procedures. As of the Evaluation Date, our Chief Executive Officer and Principal Financial Officer concluded that we maintain disclosure controls and procedures that are effective in providing reasonable assurance that information required to bethis ~~disclosed~~annual in our reports under the Securities Act of 1934 (Exchange Act) is recorded, processed, summarized and reported within the time periods specified in the SEC's rules and forms, and that such information is accumulated and communicated to our management, including its Chief Executive Officer and Principal Financial Officer, as appropriate, to allow timely decisions regarding required disclosurereport. Our management necessarily applied its judgment in assessing the costs and benefits of such controls and procedures, which, by their nature, can provide only reasonable assurance regarding management's control objectives. There have been no significant changes in our internal controls or in other factors that could significantly affect these controls subsequent to the Evaluation Date.

~~Evaluation of~~ITEM ~~Disclosure~~9. ~~Controls~~CHANGES ~~and~~IN ~~Procedures~~AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE.

~~Management is~~In ~~responsible~~its ~~for~~two ~~establishing~~most ~~adequate~~recent ~~internal~~fiscal ~~controls~~years ~~and procedures designed to ensure that information required to be disclosed in the reports that we file~~ or ~~submit~~any ~~under~~later ~~the~~interim ~~Securities Exchange Act of 1934 is recorded~~period, ~~processed,~~ ~~summarized and reported within~~ the ~~time~~Company ~~periods~~has ~~specified~~had inno ~~the rules~~disagreements ~~and~~with ~~forms~~its ofindependent ~~the Securities and Exchange Commission~~accountants.

~~As of~~ITEM the end of the period covered by this report, the Company carried out an evaluation, under the supervision and with the participation of the Company's management, including the Company's Chief Executive Officer and the Company's Chief Operating Officer and Principal Financial Officer, of the effectiveness of the design and operation of the Company's disclosure controls and procedures 9A(~~as defined in Rules 13a-15(e~~T) ~~and 15d-15(e) under the Securities Exchange Act of 1934, as amended)~~. ~~Based~~CONTROLS onAND this evaluation, the Company's Chief Executive Officer and Principal Financial Officer concluded that the Company's disclosure controls and procedures were effective in ensuring that (i) information required to be disclosed in the reports that the Company files or submits under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported, within the time periods specified in the rules and forms of the Securities and Exchange Commission and (ii) information required to be disclosed in the reports the Company files or submits under the Securities Exchange Act of 1934, as amended, is accumulated and communicated to management, including the Company's Chief Executive Officer and Principal Financial Officer, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosurePROCEDURES.

~~This~~As of the end ~~annual~~of ~~report~~the ~~does~~fiscal ~~not~~period ~~include~~covered anby ~~attestation~~this report (“Evaluation Date”), our management concluded its evaluation of the ~~Company's~~effectiveness ~~registered public~~of ~~accounting~~the ~~firm~~design ~~regarding~~and ~~internal~~operation ~~control~~of ~~over~~our ~~financial~~disclosure ~~reporting~~controls and procedures. As of the Evaluation Date, our principal ~~Management's~~executive ~~report~~officer ~~was~~and ~~not~~principal ~~subject~~financial toofficer ~~attestation~~concluded bythat ~~the~~we ~~Company's~~maintain ~~registered public~~disclosure ~~accounting~~controls ~~firm~~and ~~pursuant~~procedures that are effective in providing reasonable assurance that information required to ~~temporary~~be ~~rules~~disclosed ofin our reports under the Securities ~~and~~Act of 1934 (Exchange ~~Commission~~Act) ~~that~~is ~~permit~~recorded, processed, summarized and reported within the ~~Company~~time periods specified in the SEC’s rules and forms, and that such information is accumulated and communicated to our management, including its principal executive officer and principal financial officer, as appropriate, to allow timely decisions regarding required disclosure. Our management necessarily applied its judgment in assessing the costs and benefits of such controls and procedures, which, by their nature, can provide only reasonable assurance regarding management'’s ~~report~~ control objectives. There have been no significant changes in ~~this~~our ~~annual~~internal ~~report~~controls or in other factors that could significantly affect these controls subsequent to the Evaluation Date.

~~Changes in~~Evaluation ~~Internal~~of Disclosure Controls ~~Over~~and ~~Financial~~Procedures ~~Reporting~~

~~There were~~Management nois ~~changes~~responsible infor ~~our~~establishing adequate internal controls ~~over~~and ~~financial~~procedures ~~reporting~~designed ~~during~~to orensure that information required to be disclosed in the ~~could~~reports ~~significantly~~that ~~affect~~we ~~these~~file ~~controls~~or ~~subsequent~~submit tounder the ~~date~~Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the ~~evaluation~~ oftime ~~those~~periods ~~controls~~specified byin the ~~Chief~~rules ~~Executive~~and ~~Officer~~forms of the Securities and ~~Principal Financial~~Exchange ~~Officer~~Commission.

~~ITEM~~As of the end of the period covered by this report, the Company carried out an evaluation, under the supervision and with the participation of the 9BCompany’s management, including the Company’s principal executive officer and the Company’s principal operating officer and principal financial officer, of the effectiveness of the design and operation of the Company’s disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended). ~~OTHER~~ ~~INFORMATION~~Based on this evaluation, the Company’s principal executive officer and principal financial officer concluded that the Company’s disclosure controls and procedures were effective in ensuring that (i) information required to be disclosed in the reports that the Company files or submits under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported, within the time periods specified in the rules and forms of the Securities and Exchange Commission and (ii) information required to be disclosed in the reports the Company files or submits under the Securities Exchange Act of 1934, as amended, is accumulated and communicated to management, including the Company’s principal executive officer and principal financial officer, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

~~None~~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 rules of the Securities and Exchange Commission that permit the Company to provide only management’s report in this annual report.

~~-7-~~Changes in Internal Controls Over Financial Reporting

~~PART~~There were no changes in our internal controls over financial reporting during or that could significantly ~~III~~affect these controls subsequent to the date of the evaluation of those controls by the principal executive officer and principal financial officer.

ITEM 10 9B. ~~DIRECTORS,~~ ~~EXECUTIVE~~OTHER ~~OFFICERS AND CORPORATE GOVERNANCE~~INFORMATION.

~~The sole~~None ~~Director and sole officer of the Company for the reported period, and up to December 9, 2009, was as follows:~~

~~Name~~6 ~~Age Position Steven R. Fox 56 Director, CEO/President, CFO, Secretary~~

Dr. FoxTable is a practicing dentist in New York City. Dr. Fox is a fellow in the American College of Dentistry and a fellow in the International College of Dentistry. He is a former faculty member of the Harvard School of Dental Medicine and a former officer of Harvard. In 1999 Dr. Fox was the Ernst and Young Entrepreneur of the Year. Dr. Fox is the Chairman of the Rebel Group, Inc., a privately-held company, that is involved in importing and exporting. Dr. Fox is currently an advisor to Scarguard, LLC, a medical product company. In 1999, Dr. Fox received the Medal of Freedom from the Republican Members of the United States Senate. Since the Company's inception, Dr. Fox has been serving as the Company's CEO/President, CFO, Secretary and sole Director.Contents

~~As of~~PART ~~the~~III ~~date of this report, the sole Director and sole officer of the Company is as follows:~~

~~Name~~ITEM ~~Age~~10. ~~Position~~DIRECTORS, ~~Bruce~~EXECUTIVE ~~Wendel~~OFFICERS 56AND ~~Director,~~CORPORATE ~~CEO/President, CFO, Secretary~~GOVERNANCE.

~~The Company’s~~As ~~officers~~of ~~and~~the ~~directors~~date ~~are~~of ~~elected~~this ~~annually~~report, ~~for~~the asole ~~one~~Director ~~year~~and ~~term~~sole ~~or until~~officer ~~their~~of ~~respective~~the ~~successors~~Company ~~are~~is ~~duly~~as ~~elected~~follows: ~~and qualified or until their earlier resignation or removal.~~

Mr. Wendel is the Chief Executive Office of Abraxis BioScience, Inc. Prior to his appointment as Chief Executive Officer, Mr. Wendel served as the Executive Vice President of Corporate Operations and Development for Abraxis since November 2007 when Abraxis separated from a company formally known as Abraxis BioScience, Inc. (which changed its name to APP Pharmaceuticals in connection with the separation) (“Old Abraxis”). Mr. Wendel previously served as Executive Vice President of Corporate Development at Old Abraxis from March 2006 to the date of the separation. Mr. Wendel joined American Pharmaceutical Partners, Inc. (“APP”) in 2004 as Vice President of Corporate Development. He began his 14 years with Bristol-Myers Squibb as in-house counsel before shifting to business and corporate development. Before joining APP, he served as vice president, business development and licensing for IVAX Corporation. Previously, Mr. Wendel served in the legal departments of Playtex and Combe. He earned a juris doctorate degree from Georgetown University Law School where he was an editor of Law & Policy in International Business, and a B.S. from Cornell University. Mr. Wendel is also a director of Abraxis BioScience, Inc. and Stalar 4, Inc, a Delaware corporation.


Name	Age	Position
Bruce Wendel	57	Director, CEO/President, CFO, Secretary

~~Since~~The ~~Mr. Wendel~~Company’s isofficers ~~the sole executive officer~~ and ~~director~~directors ofare ~~the~~elected ~~Company,~~annually ~~no “family~~for ~~relationship,”~~a asone ~~that~~year term isor ~~defined~~until intheir ~~Item 401(d)~~respective ofsuccessors ~~Regulation S-K,~~are ~~exists~~duly ~~with~~elected ~~respect~~and toqualified ~~the~~or ~~Company’s~~until ~~directors~~their orearlier ~~executive~~resignation ~~officers~~or removal. .

~~Significant~~Mr. Wendel is the Chief Executive Office of Abraxis BioScience, Inc. Prior to his appointment as Chief Executive Officer, Mr. Wendel ~~Employees~~served as the Executive Vice President of Corporate Operations and Development for Abraxis since November 2007 when Abraxis separated from a company formally known as Abraxis BioScience, Inc. (which changed its name to APP Pharmaceuticals in connection with the separation) (“Old Abraxis”). Mr. Wendel previously served as Executive Vice President of Corporate Development at Old Abraxis from March 2006 to the date of the separation. Mr. Wendel joined American Pharmaceutical Partners, Inc. (“APP”) in 2004 as Vice President of Corporate Development. He began his 14 years with Bristol-Myers Squibb as in-house counsel before shifting to business and corporate development. Before joining APP, he served as vice president, business development and licensing for IVAX Corporation. Previously, Mr. Wendel served in the legal departments of Playtex and Combe. He earned a juris doctorate degree from Georgetown University Law School where he was an editor of Law & Policy in International Business, and a B.S. from Cornell University. Mr. Wendel is also a director of Abraxis BioScience, Inc. and Stalar 3, Inc, a Delaware corporation.

~~None~~Since Mr. Wendel is the sole executive officer and director of the Company, no “family relationship,” as that term is defined in Item 401(d) of Regulation S-K, exists with respect to the Company’s directors or executive officers.

~~Family~~The sole Director and sole ~~Relationships.~~officer of the Company for the reported periods prior to December 9, 2009, was as follows:

None.


Name	Age	Position
Steven R. Fox	57	Director, CEO/President, CFO, Secretary

~~Involvement~~Dr. Fox is a practicing dentist in ~~Certain~~New ~~Legal~~York ~~Proceedings~~City. He is a former faculty member of the Harvard School of Dental Medicine and a former officer of Harvard. In 1999, Dr. Fox received the Medal of Freedom from the Republican Members of the United States Senate. Since the Company’s inception and up to December 9, 2009, Dr. Fox served as the Company’s CEO/President, CFO, Secretary and sole Director.

~~There have~~Significant been no events under any bankruptcy act, no criminal proceedings and no judgments, injunctions, orders or decrees material to the evaluation of the ability and integrity of any director, executive officer, promoter or control person of Registrant during the past five yearsEmployees.

~~-8-~~None.

~~The Board~~Family ~~of Directors acts as the Audit Committee and the Board has no separate committees~~Relationships. The Company has no qualified financial expert at this time because it has not been able to hire a qualified candidate. Further, the Company believes that it has inadequate financial resources at this time to hire such an expert. The Company intends to continue to search for a qualified individual for hire.

~~Compliance with~~None. ~~Section 16(a) of the Exchange Act~~

~~Section 16(a) of~~Involvement the Exchange Act requires the Company’s directors and officers, and persons who beneficially own more than 10% of a registered class of the Company’s equity securities, to file reports of beneficial ownership and changes in ~~beneficial ownership~~Certain ofLegal ~~the Company’s securities with the SEC on Forms 3, 4 and 5~~Proceedings. ~~Officers,~~ ~~directors and greater than 10% stockholders are required by SEC regulation to furnish the Company with copies of all Section 16(a) forms they file.~~

~~Based solely~~There onhave ~~the~~been ~~Company’s~~no ~~review~~events ofunder ~~the~~any ~~copies~~bankruptcy ofact, ~~the~~no ~~forms~~criminal ~~received~~proceedings ~~by it during the fiscal year ended September 30, 2009~~ and ~~written representations that~~ no ~~other~~ ~~reports~~judgments, ~~were required~~injunctions, ~~the~~orders ~~Company~~or ~~believes~~decrees ~~that~~material noto ~~person,~~the ~~who~~evaluation ~~at any~~of ~~time~~the ~~during~~ability ~~such~~and ~~fiscal~~integrity ~~year,~~of ~~was~~any a director, executive officer, promoter or ~~beneficial~~control ~~owner~~person of ~~more~~ ~~than~~Registrant ~~10%~~during of the ~~Company’s~~past ~~stock~~five ~~failed to comply with all Section 16(a) filing requirements during such fiscal~~ years.

~~Nominating Committee~~7

We haveTable not adopted any procedures by which security holders may recommend nominees to our Board of Directors.Contents

The Board of Directors acts as the Audit Committee and the Board has no separate committees. The Company has no qualified financial expert at this time because it has not been able to hire a qualified candidate. Further, the Company believes that it has inadequate financial resources at this time to hire such an expert. The Company intends to continue to search for a qualified individual for hire.

~~The Board~~Compliance ofwith ~~Directors acts as the Audit Committee and the Board has no separate committees. The Company has no qualified financial expert at this time because it has not been able to hire~~ Section 16(a) ~~qualified~~of ~~candidate. Further,~~ the ~~Company believes~~Exchange ~~that~~Act ~~it has inadequate financial resources at this time to hire such an expert. The Company intends to continue to search for a qualified individual for hire.~~

~~Code~~Section 16(a) of the Exchange Act requires the Company’s directors and officers, and persons who beneficially own more than 10% of a registered class of ~~Ethics~~the Company’s equity securities, to file reports of beneficial ownership and changes in beneficial ownership of the Company’s securities with the SEC on Forms 3, 4 and 5. Officers, directors and greater than 10% stockholders are required by SEC regulation to furnish the Company with copies of all Section 16(a) forms they file.

WeBased solely on the Company’s ~~have~~review ~~adopted~~of athe ~~Code~~copies of ~~Ethics~~the ~~that~~forms ~~applies~~received toby ~~all~~it ofduring ~~our~~the ~~executive~~fiscal ~~officers~~year ended September 30, ~~directors~~ 2010 and ~~employees.~~written ~~Our~~representations ~~Code~~that ofno ~~Ethics~~other ~~codifies~~reports ~~the~~were ~~business~~required, ~~and~~the ~~ethical principles~~Company believes that ~~govern~~no ~~all~~person, ~~aspects~~who ofat ~~our~~any ~~business.~~time ~~This~~during ~~document~~such ~~will~~fiscal beyear, ~~made~~was ~~available~~a ~~in print~~director, ~~free~~officer or beneficial owner of ~~charge,~~more than 10% of the Company’s stock failed to ~~any~~comply ~~stockholder~~with ~~requesting~~all Section 16(a) ~~copy~~filing ~~in writing~~requirements ~~from~~during ~~the~~such ~~Company~~fiscal years.

~~ITEM 11. EXECUTIVE~~Nominating ~~COMPENSATION.~~Committee

~~Summary~~We have not adopted any procedures by which security holders ~~Compensation~~may ~~Table~~recommend nominees to our Board of Directors.

~~The table~~Audit below summarizes all compensation awarded to, earned by, or paid to both to our officers and to our directors for all services rendered in all capacities to us for our fiscal years ended September 30, 2008 and September 30, 2009Committee.

SUMMARY COMPENSATION TABLE
Name and principal position	Year	Salary ($)	Bonus ($)	Stock Awards ($)	Option Awards ($)	Non-Equity Incentive Plan Compensation ($)	Nonqualified Deferred Compensation Earnings ($)	All Other Compensation ($)	Total ($)
Steven R. Fox Director, CEO/President, CFO, Secretary	2009 2008	0 0	0 0	0 0	0 0	0 0	0 0	0 0	0 0

~~Narrative Disclosure~~Code toof ~~the~~Ethics. ~~Summary Compensation Table~~

~~The Company's~~We ~~President,~~have ~~Secretary~~adopted ~~and~~a ~~sole~~Code ~~Director~~of ~~has~~Ethics ~~not~~that ~~received~~applies ~~any~~to ~~cash remuneration~~all ~~since~~of ~~inception.~~our ~~Officers~~executive ~~will~~officers, ~~not~~directors ~~receive~~and ~~any~~employees. ~~remuneration~~Our ~~until the~~Code ~~consummation~~ of anEthics ~~acquisition.~~codifies Nothe ~~remuneration~~business ofand ~~any~~ethical ~~nature~~principles ~~has~~that ~~been~~govern ~~paid for~~all oraspects onof ~~account~~our business. ofThis ~~services~~document ~~rendered~~will bybe amade ~~Director~~available in ~~such~~print, ~~capacity.~~free ~~The Company's~~of ~~sole~~charge, ~~officer~~to ~~and~~any ~~Director~~stockholder ~~intends~~requesting ~~to devote~~ a ~~limited~~copy ~~amount~~in ofwriting ~~time to~~from ~~our~~the ~~affairs~~Company.

~~-9-~~ITEM 11. EXECUTIVE COMPENSATION.

~~It is~~Summary ~~possible~~Compensation ~~that,~~Table after the Company successfully consummates a business combination with an unaffiliated entity, that entity may desire to employ or retain our sole officer and Director for the purposes of providing services to the surviving entity. However, the Company has adopted a policy whereby the offer of any post-transaction employment to our management will not be a consideration in our decision whether to undertake any proposed transaction.

~~No retirement,~~The ~~pension,~~table ~~profit~~below ~~sharing~~summarizes all compensation awarded to, ~~stock~~earned ~~option~~by, or ~~insurance~~paid ~~programs~~to orboth ~~other similar~~to ~~programs~~our ~~have~~officers ~~been~~and ~~adopted~~to byour ~~the~~directors ~~Company~~for all services rendered in all capacities to us for ~~the~~our ~~benefit~~fiscal ofyears ~~its~~ended ~~employees~~September 30, 2010 and September 30, 2009.

~~There are~~SUMMARY noCOMPENSATION ~~understandings~~TABLE ~~or agreements regarding compensation our management will receive after a business combination that is required to be included in this item, or otherwise.~~

We have not entered into any employment agreement or consulting agreement with our executive officers. There are no arrangements or plans in which we provide pension, retirement or similar benefits for executive officers.


Name and principal position	Year		Salary ($)		Bonus ($)		Stock Awards ($)		Option Awards ($)		Non-Equity Incentive Plan Compensation ($)		Nonqualified Deferred Compensation Earnings ($)		All Other Compensation ($)		Total ($)
Bruce Wendel
Director, CEO/President,		2010		0		0		0		0		0		0		0		0
CFO, Secretary
Steven R. Fox
Director, CEO/President,		2010		0		0		0		0		0		0		0		0
CFO, Secretary		2009		0		0		0		0		0		0		0		0

~~Although~~Narrative weDisclosure ~~do not currently compensate our officers, we reserve the right~~ to ~~provide compensation at some time in~~ the ~~future. Our~~Summary ~~decision~~Compensation toTable ~~compensate officers depends on the availability of our cash resources with respect to the need for cash to further our business purposes.~~

~~Stock~~The Company’s President, Secretary and sole Director has not received any cash ~~Option~~remuneration ~~Grants~~since inception. Officers will not receive any remuneration until the consummation of an acquisition. No remuneration of any nature has been paid for or on account of services rendered by a Director in such capacity. The Company’s sole officer and Director intends to devote a limited amount of time to our affairs.

~~We have~~8 ~~not granted any stock options to the executive officers or directors since our inception.~~

Outstanding EquityTable Awardsof at Fiscal Year-EndContents

~~The table~~It ~~below~~is ~~summarizes~~possible ~~all~~that, ~~unexercised~~after ~~options,~~the ~~stock~~Company ~~that~~successfully ~~has~~consummates ~~not~~a ~~vested,~~business ~~and~~combination with an unaffiliated ~~equity~~entity, ~~incentive~~that ~~plan~~entity ~~awards~~may ~~for~~desire ~~each~~to ~~named~~employ ~~executive~~or retain our sole officer asand Director for the purposes of ~~September 30~~providing services to the surviving entity. However, ~~2009~~the Company has adopted a policy whereby the offer of any post-transaction employment to our management will not be a consideration in our decision whether to undertake any proposed transaction.

~~OUTSTANDING~~No ~~EQUITY~~retirement, ~~AWARDS~~pension, ATprofit ~~FISCAL~~sharing, stock ~~YEAR-END~~option OPTION AWARDS STOCK AWARDS Name Number of Securities Underlying Unexercised Options (#) Exercisable Number of Securities Underlying Unexercised Options (#) Unexercisable Equity Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options (#) Option Exercise Price ($) Option Expiration Date Number of Shares or ~~Units~~insurance ofprograms ~~Stock That Have Not Vested (#) Market Value of Shares~~ or ~~Units~~other ofsimilar ~~Stock~~programs ~~That~~have ~~Have~~been ~~Not~~adopted ~~Vested~~by ~~($)~~the ~~Equity~~Company ~~Incentive~~for ~~Plan~~the ~~Awards:~~benefit ~~Number~~ of ~~Unearned~~its ~~Shares, Units or Other Rights That Have Not Vested (#) Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested (#) Steven R~~employees. ~~Fox - - - - - - - - -~~

~~Compensation~~There are no ofunderstandings ~~Directors~~or agreements regarding compensation our management will receive after a business combination that is required to be included in this item, or otherwise.

~~The table~~We ~~below~~have ~~summarizes~~not ~~all~~entered ~~compensation~~into ofany employment agreement or consulting agreement with our ~~directors~~executive asofficers. There ofare ~~September~~no 30arrangements or plans in which we provide pension, retirement or similar benefits ~~2009~~for executive officers.

~~DIRECTOR~~Although ~~COMPENSATION~~we ~~Name~~do ~~Fees~~not ~~Earned~~currently orcompensate ~~Paid~~our inofficers, ~~Cash~~we ~~($)~~reserve ~~Stock~~the ~~Awards~~right ~~($)~~to ~~Option~~provide ~~Awards~~compensation ~~($)~~at ~~Non-Equity~~some ~~Incentive~~time ~~Plan~~in the ~~Compensation~~future. Our ~~($)~~decision ~~Non-Qualified~~to ~~Deferred~~compensate ~~Compensation~~officers ~~Earnings~~depends ~~($)~~on ~~All~~the ~~Other~~availability ~~Compensation~~of ~~($)~~our ~~Total~~cash ~~($)~~resources ~~Steven~~with R.respect ~~Fox~~to -the -need -for -cash -to -further -our business purposes.

~~-10-~~Stock Option Grants

~~Narrative Disclosure~~We have not granted any stock options to the ~~Director~~executive ~~Compensation~~officers or ~~Table~~directors since our inception.

~~The Company~~Outstanding ~~does~~Equity ~~not~~Awards ~~have~~at ~~any~~Fiscal ~~standard~~Year-End arrangements pursuant to which directors of the Company are compensated for services provided as a director. All directors are entitled to reimbursement for expenses reasonably incurred in attending Board of Directors' meetings. There has been no compensation paid to the Company's sole Director as of September 30, 2009.

~~Stock~~The table below summarizes all unexercised options, stock that has not vested, and equity incentive plan awards for each named executive officer as of ~~Option~~September 30, ~~Plans~~2010 and September 30, 2009.

~~We did~~OUTSTANDING ~~not~~EQUITY ~~have~~AWARDS aAT ~~stock~~FISCAL ~~option~~YEAR-END ~~plan in place as of September 30, 2009.~~

~~ITEM 12. SECURITY~~OPTION ~~OWNERSHIP~~AWARDS OFSTOCK ~~CERTAIN~~AWARDS ~~BENEFICIAL~~Name ~~OWNERS~~Number ~~AND MANAGEMENT~~ofSecuritiesUnderlyingUnexercised ~~AND~~Options(#)Exercisable ~~RELATED~~Number ~~STOCKHOLDER~~ofSecuritiesUnderlyingUnexercised ~~MATTERS~~Options(#)Unexercisable EquityIncentivePlan Awards:Number ofSecuritiesUnderlyingUnexercisedUnearnedOptions(#) OptionExercisePrice($) OptionExpirationDate NumberofSharesor UnitsofStockThatHaveNotVested(#) MarketValueof Sharesor Unitsof StockThatHaveNotVested($) EquityIncentive PlanAwards: Numberof UnearnedShares, Units orOther RightsThat Have NotVested(#) EquityIncentive PlanAwards:Market orPayout ValueofUnearnedShares,Units or OtherRights ThatHave NotVested(#) Bruce Wendel — — — — — — — — — Steven R. Fox — — — — — — — — —

~~As of~~Compensation ~~January 15, 2010, Abraxis Bioscience, LLC owned all 2,022,500 outstanding shares~~ of ~~the~~Directors ~~Company’s Common Stock. Bruce Wendel, our sole officer and sole director, did not hold any Common Stock or any options or other rights to acquire the Company’s Common Stock.~~

~~ITEM 13. CERTAIN~~The ~~RELATIONSHIPS~~table ~~AND~~below ~~RELATED~~summarizes ~~TRANSACTIONS~~all compensation of our directors as of September 30, ~~AND DIRECTOR~~2010 ~~INDEPENDENCE~~and September 30, 2009.

~~During the~~DIRECTOR ~~fiscal~~COMPENSATION year ended September 30, 2009, Dr. Steven R. Fox advanced funds in the aggregate amount of $11,444 to the Company to cover cash requirements. Inclusive of the $11,444, the aggregate principal amount of all loans made by Dr. Steven R. Fox from the Company’s inception to September 30, 2009 was $22,221. The loans were unsecured and payable on demand with interest at the prime rate.

~~The Company~~Name ~~utilizes~~Fees ~~the~~EarnedorPaid ~~office~~inCash($) ~~space~~StockAwards($) ~~and~~OptionAwards($) ~~equipment~~Non-EquityIncentive ofPlanCompensation($) ~~its~~Non-QualifiedDeferred ~~sole~~CompensationEarnings($) ~~stockholder~~AllOtherCompensation($) atTotal($) ~~no cost.~~Bruce ~~Management~~Wendel ~~estimated~~— ~~such~~— ~~amounts~~— to— be— ~~immaterial~~— — Steven R. Fox — — — — — — —

~~Except as~~9 ~~otherwise indicated herein, there have been no related party transactions, or any other transactions or relationships required to be disclosed pursuant to Item 404 of Regulation S-B.~~

The soleTable Director of the Company would not be deemed independent under the independence standards applicable to the Company. The Company does not have a separately designated audit, nominating or compensation committee or committee performing similar functions.Contents

~~ITEM 14. PRINCIPAL~~Narrative ~~ACCOUNTING~~Disclosure ~~FEES~~to ~~AND~~the ~~SERVICES.~~Director Compensation Table

~~Audit~~The Company does not have any standard arrangements pursuant to which directors of the Company are compensated for services provided as a director. All ~~Fees~~directors are entitled to reimbursement for expenses reasonably incurred in attending Board of Directors’ meetings. There has been no compensation paid to the Company’s sole Director as of September 30, 2010.

~~The fees~~Stock ~~incurred~~Option ~~for~~Plans the fiscal year ending September 30, 2009 for professional services rendered by our principal accountant for the audit of our annual financial statements and review of our quarterly financial statements is approximately $5,500.

~~Audit Related~~We ~~Fees~~did not have a stock option plan in place as of September 30, 2010.

~~There were~~ITEM ~~no audit related fees for the fiscal years ended September 30, 2009~~12. ~~Audit related~~SECURITY ~~fees~~OWNERSHIP ~~include~~OF ~~fees~~CERTAIN ~~for~~BENEFICIAL ~~assurance~~OWNERS ~~and~~AND ~~related~~MANAGEMENT ~~services~~AND ~~rendered~~RELATED bySTOCKHOLDER ~~the principal accountant related to the audit or review of our financial statements, not included in the foregoing paragraph~~MATTERS.

~~Tax~~As of December 17, 2010, Abraxis Bioscience, LLC owned all 2,022,500 outstanding shares of the Company’s Common Stock. Bruce Wendel, our ~~Fees~~sole officer and sole director, did not hold any Common Stock or any options or other rights to acquire the Company’s Common Stock.

~~There were~~ITEM ~~no tax fees for the fiscal year ended September 30, 2009~~13. ~~Tax~~CERTAIN ~~fees~~RELATIONSHIPS ~~include fees~~AND ~~for~~RELATED ~~professional services rendered by the principal accountant for tax compliance~~TRANSACTIONS, ~~tax~~AND ~~advice~~DIRECTOR ~~and tax planning~~INDEPENDENCE.

~~All~~During the fiscal year ended September 30, 2010, Abraxis advanced funds in the aggregate amount of $16,423 to the Company to cover cash requirements. The unsecured advances are non-interest bearing ~~Other~~and ~~Fees~~are due on demand.

~~There~~During the fiscal years ended September 30, 2010 and 2009, Dr. Steven R. Fox advanced funds in the ~~were~~amount noof ~~other~~$1,025 ~~professional~~and ~~services~~$11,444, ~~rendered~~respectively, byto ~~our~~the Company to cover cash requirements. Inclusive of the $1,025 and $11,444, the aggregate principal ~~accountant~~amount ~~during~~ of all loans made by Dr. Steven R. Fox from the ~~last~~Company’s ~~two~~inception ~~fiscal~~to September 30, ~~years~~2010 ~~that~~was $23,246. The loans were ~~not~~unsecured ~~included~~and inpayable on demand with interest at the ~~above~~prime rate. In December 2009, pursuant to the stock purchase agreement, the officer’s loan and related accrued interest of $887 were ~~paragraphs~~contributed to capital.

The ~~engagement~~ ~~of the~~ Company’s ~~independent~~utilizes ~~auditor, MSCM LLP, was approved by~~ the ~~Company’s~~ ~~Board~~office ofspace ~~Directors which serves as the Audit Committee. The Audit Committee does not anticipate that the Company’s auditor will provide any services other that audit services~~ and ~~consequently~~equipment ~~the Audit Committee has not adopted any pre-approval policies and procedures described in paragraph (c)(7)(i)~~ of ~~Rule~~its ~~2-01~~sole ofstockholder ~~Regulation~~at ~~S-X~~no cost. NoManagement ~~services~~estimated ~~described in Items 9(e)(2)~~such ~~through~~amounts ~~9(e)(4)~~to ofbe ~~Schedule 14A were provided by the Company’s auditors~~immaterial.

Except as otherwise indicated herein, there have been no related party transactions, or any other transactions or relationships required to be disclosed pursuant to Item 404 of Regulation S-~~11-~~B.

~~PART~~The sole Director of the Company would not be deemed IVindependent under the independence standards applicable to the Company. The Company does not have a separately designated audit, nominating or compensation committee or committee performing similar functions.

ITEM 15 14. ~~EXHIBITS,~~ ~~FINANCIALS~~PRINCIPAL ~~STATEMENTS,~~ACCOUNTING ~~FINANCIAL~~FEES ~~STATEMENT SCHEDULES~~AND SERVICES.

~~(a)(1) FINANCIAL~~Audit ~~STATEMENTS.~~Fees ~~The following financial statements are included in this report:~~

Title of Document	Page
Report of Independent Registered Public Accounting Firm	F-1
Balance Sheets	F-2
Statements of Operations	F-3
Statements of Cash Flows	F-4
Statements of Changes in Stockholders' Deficit	F-5
Notes to Financial Statements	F-6 to F-9

The fees incurred for the fiscal years ending September 30, 2010 and 2009 for professional services rendered by our principal accountant for the audit of our annual financial statements and review of our quarterly financial statements was approximately $7,000 and $5,500, respectively.

~~(a)(2) FINANCIAL~~Audit ~~STATEMENT~~Related ~~SCHEDULES.~~Fees ~~The following financial statement schedules are included as part of this report:~~

~~None~~There were no audit related fees for the fiscal year ended September 30, 2010. Audit related fees include fees for assurance and related services rendered by the principal accountant related to the audit or review of our financial statements, not included in the foregoing paragraph.

~~(a)(3) EXHIBITS.~~Tax ~~The~~Fees ~~following exhibits are included as part of this report:~~

Exhibit Number		Title of Document
3.1		Articles of Incorporation (1)
3.1(i)		Certificate of Correction to Certificate of Incorporation(1)
3.2		Bylaws (1)
14.1		Code of Ethics (2)
23.1		Consent of MSCM LLP
31.1		Certification of Chief Executive Officer pursuant to Securities Exchange Act Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2		Certification of Chief Financial Officer pursuant to Securities Exchange Act Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1		Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

There were no tax fees for the fiscal years ended September 30, 2010 and 2009. Tax fees include fees for professional services rendered by the principal accountant for tax compliance, tax advice and tax planning.

~~(1) Incorporated~~All byOther ~~reference~~Fees ~~from the Company's registration statement on Form 10-SB filed on December 12, 2007.~~

~~(2) Incorporated~~There were no other professional services rendered by ~~reference~~our ~~from~~principal accountant during the ~~Company's~~last ~~Quarterly~~two ~~Report~~fiscal onyears ~~Form~~that ~~10-Q~~were ~~filed on~~not ~~May~~included 7,in ~~2009~~the above paragraphs.

The engagement of the Company’s independent auditor, MSCM LLP, was approved by the Company’s Board of Directors which serves as the Audit Committee. The Audit Committee does not anticipate that the Company’s auditor will provide any services other that audit services and consequently the Audit Committee has not adopted any pre-12approval policies and procedures described in paragraph (c)(7)(i) of Rule 2-01 of Regulation S-X. No services described in Items 9(e)(2) through 9(e)(4) of Schedule 14A were provided by the Company’s auditors.

~~SIGNATURES~~10

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

	STALAR 4, INC.
Dated: February 5, 2010	By	/s/ Bruce Wendel
		Bruce Wendel, President

PART IV

~~In accordance~~ITEM ~~with~~15. ~~the~~EXHIBITS, ~~Exchange~~FINANCIALS ~~Act~~STATEMENTS, ~~this~~FINANCIAL ~~report~~STATEMENT ~~has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated~~SCHEDULES.

By(a)(1) ~~/s/~~FINANCIAL ~~Bruce~~STATEMENTS. ~~Wendel~~The ~~Bruce~~following ~~Wendel,~~financial ~~President~~statements ~~CEO,~~are ~~CFO,~~included ~~President~~in ~~and~~this ~~Secretary~~report:

Dated: February 5, 2010


Title of Document		Page
Report of Independent Registered Public Accounting Firm		F-2
Balance Sheets		F-3
Statements of Operations		F-4
Statements of Cash Flows		F-5
Statement of Changes in Stockholder’s Deficit		F-6
Notes to Financial Statements		F-7 to F-10

~~-13-~~(a)(2) FINANCIAL STATEMENT SCHEDULES. The following financial statement schedules are included as part of this report:

~~STALAR 4, INC~~None.

(~~A Development~~a)(3) ~~Stage~~EXHIBITS. ~~Company)~~The following exhibits are included as part of this report:

INDEX TO FINANCIAL STATEMENTS


Exhibit Number		Title of Document

3.1		Articles of Incorporation (1)

3.1(i)		Certificate of Correction to Certificate of Incorporation(1)

3.2		Bylaws (1)

14.1		Code of Ethics (2)

23.1		Consent of MSCM LLP

31.1		Certification of principal executive officer pursuant to Securities Exchange Act Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

31.2		Certification of principal financial officer pursuant to Securities Exchange Act Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

32.1		Certification of principal executive officer and principal financial officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

~~PERIOD FROM~~(1) ~~NOVEMBER~~Incorporated ~~13,~~by ~~2007~~reference ~~(Inception)~~from TOthe ~~SEPTEMBER~~Company’s 30registration statement on Form 10-SB filed on December 12, ~~2009~~2007.

	Page No.
FINANCIAL STATEMENTS
Report of Independent Registered Public Accounting Firm	F-1
Balance Sheets	F-2
Statements of Operations	F-3
Statements of Cash Flows	F-4
Statements of Changes in Stockholders’ Deficit	F-5
Notes to Financial Statements	F-6 to F-9

(2)	Incorporated by reference from the Company’s Quarterly Report on Form 10-Q filed on May 7, 2009.

~~REPORT OF~~11 ~~INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM~~

ToTable the Board of Directors and Stockholders ofContents

~~Stalar 3,~~SIGNATURES ~~Inc. (A Development Stage Company)~~

WePursuant ~~have audited~~to the ~~accompanying~~requirements ~~balance sheets~~ of ~~Stalar~~Section 13 3,or ~~Inc.~~15(d) as of ~~September 30, 2009 and 2008 and~~ the ~~related~~Securities ~~statements~~Exchange Act of ~~operations~~1934, ~~changes in stockholders’ deficit and cash flows for~~ the ~~years~~registrant ~~then~~has ~~ended. These~~duly ~~financial statements~~caused ~~are~~this ~~the~~report ~~responsibility of the Company’s management. Our responsibility is~~ to ~~express~~be ansigned ~~opinion~~ on ~~these~~its ~~financial~~behalf ~~statements~~by ~~based~~the ~~on our~~undersigned, ~~audits~~thereunto duly authorized.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.


	STALAR 4, INC.

Dated: December 17, 2010	By:	/s/ BRUCE WENDEL
		Bruce Wendel, President

In ~~our~~ ~~opinion,~~accordance with the ~~financial~~Exchange ~~statements~~Act, ~~referred~~this toreport ~~above~~has ~~present~~been ~~fairly,~~signed inbelow ~~all material~~by ~~respects,~~ the ~~financial~~following ~~position~~persons ofon ~~Stalar~~behalf ~~3, Inc. as~~ of ~~September~~the ~~30, 2009~~registrant and ~~2008,~~in ~~and~~ the ~~results~~capacities ~~of its operations~~ and ~~its~~on ~~cash flows for~~ the ~~years~~ ~~then~~dates ~~ended in conformity with accounting principles generally accepted in the United States of America~~indicated.

~~The accompanying~~By ~~financial~~/s/ ~~statements~~BRUCE ~~have~~WENDEL ~~been~~Bruce ~~prepared~~Wendel, ~~assuming~~President ~~that~~CEO, ~~the Company will continue as a going concern. As discussed in Note A to the financial statements~~CFO, ~~the~~President ~~Company has never generated revenue~~ and is unlikely to generate earnings in the immediate or foreseeable future. These conditions raise substantial doubt as to the ability of the Company to continue as a going concern. Managements’ plans in regards to these matters are described in Note A. These financial statements do not include any adjustments that might result from the outcome of this uncertainty.Secretary

~~Signed~~Dated: ~~“MSCM~~ ~~LLP”~~December 17, 2010

~~Toronto, Ontario~~12

January 28,Table 2010of Contents

~~F-1~~STALAR 4, INC.

~~STALAR 4,~~(A ~~INC.~~Development Stage Company)

~~(A Development~~INDEX ~~Stage~~TO ~~Company)~~FINANCIAL STATEMENTS

~~BALANCE SHEETS~~PERIOD FROM NOVEMBER 13, 2007 (Inception) TO SEPTEMBER 30, 2010

SEPTEMBER 30, 2009 AND 2008


		Page No.

FINANCIAL STATEMENTS

Report of Independent Registered Public Accounting Firm		F-2

Balance Sheets		F-3

Statements of Operations		F-4

Statements of Cash Flows		F-5

Statement of Changes in Stockholder’s Deficit		F-6

Notes to Financial Statements		F-7 to F-10

	2009			2008
ASSETS
Current assets
Cash	$	108		$	542
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities
Accounts payable and accrued expenses	$	10,647		$	1,869
Loan payable - Officer		22,221			10,777
Total current liabilities		32,868			12,646
Stockholders' deficit
Preferred stock - $0.0001 par value;
25,000,000 shares authorized; none issued or outstanding		-			-
Common stock - $0.0001 par value; 75,000,000 shares authorized;
2,022,500 and 2,000,000 issued and outstanding		202			200
Additional paid-in capital		898			-
Deficit accumulated during the development stage		(33,860	)		(12,304	)
Total stockholders' deficit		(32,760	)		(12,104	)
	$	108		$	542

F-1

The accompanyingTable notes are an integral part of these financial statements.Contents

F-2


701 Evans Avenue	telephone:	(416) 626-6000
8th Floor	facsimile:	(416) 626-8650
Toronto, Ontario Canada	email:	info@mscm.ca
M9C 1A3	website:	www.mscm.ca

~~STALAR~~REPORT OF 4,INDEPENDENT ~~INC.~~REGISTERED PUBLIC ACCOUNTING FIRM

~~(A Development~~To ~~Stage~~the ~~Company)~~Board of Directors and Stockholders of

~~STATEMENTS OF~~Stalar ~~OPERATIONS~~4, Inc. (A Development Stage Company)

				November 13, 2007			November 13, 2007
	Year Ended			(Inception) to			(Inception) to
	September 30, 2009			September 30, 2008			September 30, 2009
Revenues	$	-		$	-		$	-
General and administrative expenses
Professional fees		19,977			8,369			28,346
Organization costs		-			3,453			3,453
Interest expense		746			-			746
Sundry		833			482			1,315
		21,556			12,304			33,860
Net loss	$	(21,556	)	$	(12,304	)	$	(33,860	)
Loss per common share:
basic and diluted	$	(0.011	)	$	(0.006	)
Weighted average number of
common shares outstanding,
basic and diluted		2,015,904			2,000,000

We have audited the accompanying balance sheets of Stalar 4, Inc. as of September 30, 2010 and 2009 and the related statements of operations, changes in stockholders’ deficit and cash flows for the years then ended. These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Company is not required to have, nor were we engaged to perform, an audit of its ~~accompanying~~internal ~~notes~~control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion ~~integral~~on ~~part~~the effectiveness of ~~these~~the Company’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

~~F-3~~In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Stalar 4, Inc. as of September 30, 2010 and 2009, and the results of its operations and its cash flows for the years then ended in conformity with accounting principles generally accepted in the United States of America.

~~STALAR~~The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note A to the 4financial statements, ~~INC~~the Company has never generated revenue and is unlikely to generate earnings in the immediate or foreseeable future. These conditions raise substantial doubt as to the ability of the Company to continue as a going concern. Managements’ plans in regards to these matters are described in Note A. These financial statements do not include any adjustments that might result from the outcome of this uncertainty.

~~(A Development~~Signed: ~~Stage~~/s/ ~~Company)~~MSCM LLP Toronto, Ontario December 13, 2010

~~STATEMENTS~~F-2 ~~OF CASH FLOWS~~

				November 13, 2007			November 13, 2007
	Year Ended			(Inception) to			(Inception) to
	September 30, 2009			September 30, 2008			September 30, 2009
Cash flows from operating activities:
Net loss	$	(21,556	)	$	(12,304	)	$	(33,860	)
Increase in cash flows from operating
activities resulting from changes in:
Accounts payable and accrued expenses		8,778			1,869			10,647
Net cash used in operating activities		(12,778	)		(10,435	)		(23,213	)
Cash flows from financing activities:
Proceeds from issuance of common stock		900			200			1,100
Loans from Officer		11,444			10,777			21,803
Net cash provided by financing activities		12,344			10,977			22,221
Net (decrease) increase in cash		(434	)		542			108
Cash, beginning of period		542			-			-
Cash, end of period	$	108		$	542		$	108

~~The accompanying~~STALAR ~~notes~~4, ~~are an integral part of these financial statements~~INC.

~~F-4~~(A Development Stage Company)

~~STALAR 4,~~BALANCE ~~INC.~~SHEETS

~~(A Development~~SEPTEMBER ~~Stage~~30, ~~Company)~~2010 AND 2009

STATEMENT OF CHANGES IN STOCKHOLDERS’ DEFICIT


	2010			2009
ASSETS
Current assets
Cash	$	—		$	108

LIABILITIES AND STOCKHOLDER’S DEFICIT
Current liabilities
Accounts payable and accrued expenses	$	5,000		$	10,647
Due to Parent		16,423			—
Loan payable - Officer		—			22,221

Total current liabilities		21,423			32,868

Stockholder’s deficit
Preferred stock - $0.0001 par value; 25,000,000 shares authorized; none issued or outstanding		—			—
Common stock - $0.0001 par value; 75,000,000 shares authorized; 2,022,500 issued and outstanding		202			202
Additional paid-in capital		25,031			898
Deficit accumulated during the development stage		(46,656	)		(33,860	)

Total stockholder’s deficit		(21,423	)		(32,760	)

	$	—		$	108

							Deficit
							Accumulated
					Additional		During
					Paid-in		Development
	Shares		Amount		Capital		Stage			Total
Shares issued at inception, November 13, 2007		-	$	-	$	-	$	-		$	-
Shares issued for cash, at par $.0001		2,000,000		200		-		-			200
Net loss for the period		-		-		-		(12,304	)		(12,304	)
Balance, September 30, 2008		2,000,000		200		-		(12,304	)		(12,104	)
Shares issued for cash, at $.04 per share		22,500		2		898		-			900
Net loss for the year		-		-		-		(21,556	)		(21,556	)
Balance, September 30, 2009		2,022,500	$	202	$	898	$	(33,860	)	$	(32,760	)

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

~~The~~F-3 ~~accompanying notes are an integral part of these financial statements.~~

F-5Table of Contents

STALAR 4, INC.

(A Development Stage Company)

~~NOTES TO~~STATEMENTS ~~FINANCIAL~~OF ~~STATEMENTS~~OPERATIONS

SEPTEMBER 30, 2009


	Year Ended September 30, 2010			Year Ended September 30, 2009			November 13, 2007 (Inception) to September 30, 2010
Revenues	$	—		$	—		$	—

General and administrative expenses
Professional fees		9,597			19,977			37,943
Organization costs		—			—			3,453
Interest expense		141			746			887
Sundry		3,058			833			4,373

		12,796			21,556			46,656

Net loss	$	(12,796	)	$	(21,556	)	$	(46,656	)

Loss per common share:
basic and diluted	$	(0.01	)	$	(0.01	)

Weighted average number of common shares outstanding, basic and diluted		2,022,500			2,015,904

~~NOTE~~The Aaccompanying –notes ~~NATURE~~are OFan ~~BUSINESS AND~~integral ~~BASIS~~part OFof ~~PRESENTATION~~these financial statements.

~~Stalar~~ F-4~~, Inc. (‟the Company‟) was incorporated in the State of Delaware on November~~ 13, 2007. The Company, which is in the development stage, is a “shell company” because it has no or nominal assets, other than cash, and no or nominal operations. The Company was formed to pursue a business combination with an operating private company, foreign or domestic, seeking to become a reporting, “public” company. No assurances can be given that the Company will be successful in locating or negotiating with any target company. The Company has been engaged in organizational efforts, obtaining initial financing and has commenced negotiations with various operating entities; however, has not entered into any letter of intent.

The accompanyingTable financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America, which contemplate continuation of the Company as a going concern. The Company, however, has minimal assets and working capital and lacks a sufficient source of revenues, which raises substantial doubt about the Company’s ability to continue as a going concern. The Company’s ability to continue as a going concern and to realize its assets and to discharge its liabilities is dependent upon the Company’s management to securing a business combination. Management intends to fund working capital requirements for the foreseeable future and believes that the current business plan if successfully implemented may provide the opportunity for the Company to continue as a going concern. The accompanying statements do not include any adjustments that might result should the Company be unable to continue as a going concern.Contents

~~NOTE~~STALAR B4, –INC. ~~SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES~~

~~Use~~(A ~~of Estimates~~Development Stage Company)

~~The preparation~~STATEMENTS ofOF ~~financial~~CASH ~~statements~~FLOWS in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities, at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Income Taxes


	Year Ended September 30, 2010			Year Ended September 30, 2009			November 13, 2007 (Inception) to September 30, 2010
Cash flows from operating activities:
Net loss	$	(12,796	)	$	(21,556	)	$	(46,656	)
(Decrease) increase in cash flows from operating activities resulting from changes in:
Accounts payable and accrued expenses		(4,760	)		8,778			5,887

Net cash used in operating activities		(17,556	)		(12,778	)		(40,769	)

Cash flows from financing activities:
Due to Parent		16,423			—			16,423
Loan payable -Officer		1,025			11,444			23,246
Proceeds from issuance of common stock		—			900			1,100

Net cash provided by financing activities		17,448			12,344			40,769

Net decrease in cash		(108	)		(434	)		—
Cash, beginning of period		108			542			—

Cash, end of period	$	—		$	108		$	—

Supplemental cash flow information:
Non-cash investing and financing activities
Officer’s loan contributed to capital	$	24,133		$	—		$	24,133

~~Income taxes~~The ~~are~~accompanying ~~calculated~~notes ~~using the asset and liability method, under which deferred tax assets and liabilities~~ are ~~recorded~~an ~~based~~integral onpart ~~the difference between the financial statement and tax basis~~ of ~~assets~~these and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is primarily dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. In determining the future tax consequences of events that have been recognized in the Company’s financial statements ~~or tax returns, judgment is required~~.

F-65

STALAR 4,Table INC.of Contents

~~(A Development~~STALAR ~~Stage~~4, ~~Company)~~INC.

~~NOTES TO~~(A ~~FINANCIAL~~Development ~~STATEMENTS~~Stage Company)

~~SEPTEMBER 30,~~STATEMENT ~~2009~~OF CHANGES IN STOCKHOLDERS’ DEFICIT

(Continued)


	Shares		Amount		Additional Paid-in Capital		Deficit Accumulated During Development Stage			Total
Shares issued at inception, November 13, 2007		—	$	—	$	—	$	—		$	—
Shares issued for cash, at par $.0001		2,000,000		200		—		—			200
Net loss for the period		—		—		—		(12,304	)		(12,304	)

Balance, September 30, 2008		2,000,000		200		—		(12,304	)		(12,104	)
Shares issued for cash, at $.04 per share		22,500		2		898		—			900
Net loss for the year		—		—		—		(21,556	)		(21,556	)

Balance, September 30, 2009		2,022,500	$	202	$	898	$	(33,860	)	$	(32,760	)
Officer’s loan contributed to capital		—		—		24,133		—			24,133
Net loss for the year		—		—		—		(12,796	)		(12,796	)

Balance, September 30, 2010		2,022,500	$	202	$	25,031	$	(46,656	)	$	(21,423	)

~~NOTE~~The Baccompanying –notes ~~SUMMARY~~are ~~OF SIGNIFICANT~~an ~~ACCOUNTING~~integral ~~POLICIES~~part ~~(continued)~~of these financial statements.

~~Income taxes~~F-6 ~~(continued)~~

Interest andTable penalties related to uncertain tax positions will be recognized in the financial statements as a component of the income tax provision. Significant judgment is required to evaluate uncertain tax positions. The Company will evaluate its uncertain tax positions on a quarterly and annual basis. The evaluations are based upon a number of factors, including changes in facts or circumstances, changes in tax law, correspondence with tax authorities during the course of audits and effective settlement of audit issues. Changes in the recognition or measurement of uncertain tax positions could result in material increases or decreases in the Company’s income tax expense in the period in which the change is made.Contents

~~Loss~~STALAR ~~Per Share~~4, INC.

~~The Company~~(A ~~uses~~Development ~~SFAS~~Stage ~~No. 128, “Earnings Per Share”, which was primarily codified into Topic 260 “Earnings Per Share”, for calculating the basic and diluted loss per share. The~~ Company) computes basic loss per share by dividing net loss and net loss attributable to common stockholders by the weighted average number of common shares outstanding. Diluted loss per share is computed similar to basic loss per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential shares had been issued and if the additional shares were dilutive. Common equivalent shares are excluded from the computation of net loss per share if their effect is anti-dilutive. The Company does not have any common stock equivalents.

~~Fair~~NOTES ~~Value Measurements~~TO FINANCIAL STATEMENTS

~~Effective January~~SEPTEMBER 130, ~~2008,~~2010 the Company adopted Financial Accounting Standards Board (“FASB”) Statement of Financial Accounting Standards (“SFAS”) No. 157, “Fair Value Measurements”, which was primarily codified into Topic 820 “Fair Value Measurements and Disclosures”, as amended. This standard defines fair value, provides guidance for measuring fair value and requires certain disclosures. The standard utilizes a fair value hierarchy which is categorized into three levels based on the inputs to the valuation techniques used to measure fair value. The standard does not require any new fair value measurements, but discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flows) and the cost approach (cost to replace the service capacity of an asset or replacement cost).

~~Fair~~NOTE ~~Value~~A of– ~~Financial Instruments~~NATURE OF BUSINESS AND BASIS OF PRESENTATION

~~The~~ Stalar 4, Inc. (“the Company’s”) ~~financial~~was ~~instruments~~incorporated ~~consist~~in the State of ~~cash~~Delaware on November 13, ~~accounts~~2007. The ~~payable~~Company, ~~and~~which ~~accrued~~is in the development stage, is a “shell company” because it ~~expenses~~has no or nominal assets, other than cash, and ~~loan~~no ~~payable-officer~~or nominal operations. The ~~carrying~~Company ~~value~~was ~~approximates fair~~formed ~~value~~to ~~due~~pursue a business combination with an operating private company, foreign or domestic, seeking to become a reporting, “public” company. No assurances can be given that the ~~short~~Company ~~maturity~~will ofbe ~~these~~successful ~~instruments~~in locating or negotiating with any target company. The Company has been engaged in organizational efforts, obtaining initial financing and has commenced negotiations with various operating entities; however, has not entered into any letter of intent.

~~NOTE~~The Caccompanying -financial ~~PREFERRED~~statements have been prepared ~~STOCK~~in conformity with generally accepted accounting principles in the United States of America, which contemplate continuation of the Company as a going concern. The Company, however, has minimal assets and working capital and lacks a sufficient source of revenues, which raises substantial doubt about the Company’s ability to continue as a going concern. The Company’s ability to continue as a going concern and to realize its assets and to discharge its liabilities is dependent upon the Company’s management securing a business combination. Management intends to fund working capital requirements for the foreseeable future and believes that the current business plan if successfully implemented may provide the opportunity for the Company to continue as a going concern. The accompanying statements do not include any adjustments that might result should the Company be unable to continue as a going concern.

~~The Company’s~~NOTE ~~Certificate~~B of– ~~Incorporation~~SUMMARY ~~authorizes~~OF ~~the~~SIGNIFICANT ~~issuance~~ACCOUNTING ofPOLICIES up to 25,000,000 shares of preferred stock. As of September 30, 2009 and 2008, there was no preferred stock outstanding. The Board of Directors, without the requirement of shareholder approval, can issue preferred shares with dividend, preferences, liquidation, conversion, voting and other rights which could adversely affect the voting power or other rights of the holders of common stock.

~~F-7~~Use of Estimates

~~STALAR~~The preparation of financial statements in conformity with 4accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, ~~INC~~and disclosure of contingent assets and liabilities, at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

~~(A Development~~Income ~~Stage~~Taxes ~~Company)~~

~~NOTES~~Income taxes are calculated using the asset and liability TOmethod, ~~FINANCIAL~~under ~~STATEMENTS~~which deferred tax assets and liabilities are recorded based on the difference between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is primarily dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. In determining the future tax consequences of events that have been recognized in the Company’s financial statements or tax returns, judgment is required.

~~SEPTEMBER~~F-7 ~~30, 2009~~

(Continued)Table of Contents

~~NOTE~~STALAR D4, –INC. ~~INCOME TAXES~~

As(A ~~of September~~Development ~~30,~~Stage ~~2009, there were loss carryforwards for Federal income tax purposes of approximately $32,000, available to offset future taxable income. The carryforwards begin to expire in 2028. The~~ Company) does not expect to incur a Federal income tax liability in the foreseeable future. As of September 30, 2009 and 2008, the Company had a deferred tax asset amounting to approximately $11,000 and $5,000, respectively. Realization of deferred tax assets is dependent on future earnings, if any, the timing and amount of which is uncertain. Accordingly, the deferred tax asset has been fully offset by a valuation allowance of the same amount.

~~Certain provisions~~NOTES ofTO ~~the~~FINANCIAL ~~tax~~STATEMENTS ~~law may limit net operating loss carryforwards available for use in any given year in the event of a significant change in ownership. See Note H.~~

~~NOTE~~SEPTEMBER E30, –2010 ~~RECENTLY ISSUED ACCOUNTING STANDARDS~~

~~In December~~(Continued) 2007, the FASB issued and, in April 2009, amended a new business combinations standard codified within ASC 805 which establishes principles and requirements for how an acquirer recognizes and measures in its financial statements the identifiable assets acquired, the liabilities assumed, any noncontrolling interest in the acquiree and the goodwill acquired. The standard also establishes disclosure requirements that will enable users to evaluate the nature and financial effects of the business combination. The intent of the amendment is to address application issues on initial recognition and measurement, subsequent measurement and accounting, and disclosure of assets and liabilities arising from contingencies in a business combination. This standard is effective as of the beginning of an entity’s fiscal year that begins after December 15, 2008, which will be our fiscal year beginning October 1, 2009. Our adoption will apply prospectively to business combinations completed on or after that date.

~~In December~~NOTE ~~2007,~~B ~~the~~– ~~FASB~~SUMMARY ~~issued~~OF ~~accounting~~SIGNIFICANT ~~guidance~~ACCOUNTING ~~regarding~~POLICIES ~~noncontrolling interests. The~~(continued) guidance establishes accounting and reporting standards for the noncontrolling interest in a subsidiary or affiliate and for the deconsolidation of a subsidiary or affiliate. It clarifies that a noncontrolling interest in a subsidiary or affiliate is an ownership interest in the consolidated entity that should be reported as equity in the consolidated balance sheets and to separately report the amounts attributable to controlling and noncontrolling interests in the consolidated statements of operations and changes in equity for all periods presented. This standard is effective as of the beginning of an entity's fiscal year beginning after December 15, 2008, which will be our fiscal year beginning October 1, 2009. The Company does not expect the adoption to have a material impact on its results of operations, financial position or cash flows.

InIncome ~~June 2009,~~taxes ~~the~~(continued) FASB issued guidance requiring an analysis to determine whether a variable interest gives the entity a controlling financial interest in a variable interest entity. This guidance requires an ongoing reassessment and eliminates the quantitative approach previously required for determining whether an entity is the primary beneficiary. This guidance is effective for fiscal years beginning after November 15, 2009. Accordingly, we will adopt this guidance with our fiscal year beginning October 1, 2010. The Company does not expect the adoption to have a material impact on its results of operations, financial position or cash flows.

InInterest ~~June 2009,~~and ~~the~~penalties ~~FASB~~related ~~issued~~to ~~new~~uncertain ~~guidance~~tax onpositions ~~accounting~~will ~~standards~~be ~~codification~~recognized ~~and~~in the ~~hierarchy~~ financial statements as a component of ~~generally~~the ~~accepted~~income ~~accounting~~tax ~~principles~~provision. ~~The~~Significant ~~FASB~~judgment ~~ACCOUNTING~~is required to evaluate uncertain ~~STANDARDS~~tax ~~CODIFICATION~~positions. ~~(TM)~~The ~~(Codification)~~Company will ~~become~~evaluate ~~the~~its ~~source~~uncertain ~~of authoritative~~tax Upositions on a quarterly and annual basis.S. ~~generally~~The ~~accepted~~evaluations ~~accounting~~are ~~principles~~based ~~(GAAP)~~upon ~~recognized~~a bynumber of factors, including changes in facts or circumstances, changes in tax law, correspondence with tax authorities during the ~~FASB~~course toof beaudits ~~applied~~and byeffective ~~nongovernmental~~settlement ~~entities~~of audit issues. ~~This~~Changes ~~Statement~~in isthe ~~effective for~~recognition ~~financial~~or ~~statements~~measurement ~~issued~~of ~~for~~uncertain ~~interim~~tax ~~and~~positions ~~annual~~could ~~periods~~result ~~ending~~in ~~after~~material increases or decreases in the Company’s income tax expense in the ~~September~~period ~~15,~~in ~~2009~~which the change is made.

~~F-8~~Loss Per Share

~~STALAR 4~~The Company uses SFAS No. 128, ~~INC~~“Earnings Per Share”, which was primarily codified into Topic 260 “Earnings Per Share”, for calculating the basic and diluted loss per share. The Company computes basic loss per share by dividing net loss and net loss attributable to common stockholders by the weighted average number of common shares outstanding. Diluted loss per share is computed similar to basic loss per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential shares had been issued and if the additional shares were dilutive. Common equivalent shares are excluded from the computation of net loss per share if their effect is anti-dilutive. The Company does not have any common stock equivalents.

~~(A Development~~Fair ~~Stage~~Value ~~Company)~~Measurements

~~NOTES~~Effective January 1, 2008, the Company adopted TOFinancial ~~FINANCIAL~~Accounting ~~STATEMENTS~~Standards Board (“FASB”) Statement of Financial Accounting Standards (“SFAS”) No. 157, “Fair Value Measurements”, which was primarily codified into Topic 820 “Fair Value Measurements and Disclosures”, as amended. This standard defines fair value, provides guidance for measuring fair value and requires certain disclosures. The standard utilizes a fair value hierarchy which is categorized into three levels based on the inputs to the valuation techniques used to measure fair value. The standard does not require any new fair value measurements, but discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flows) and the cost approach (cost to replace the service capacity of an asset or replacement cost).

~~SEPTEMBER 30,~~Fair ~~2009~~Value of Financial Instruments

~~(Continued)~~The Company’s financial instruments consist of cash, accounts payable and accrued expenses, due to parent and loan payable-officer. The carrying value approximates fair value due to the short maturity of these instruments.

NOTE FC -– ~~RELATED~~PREFERRED ~~PARTY TRANSACTIONS~~STOCK

~~Equity~~The Company’s Certificate of Incorporation ~~Transaction~~authorizes the issuance of up to 25,000,000 shares of preferred stock. As of September 30, 2010 and 2009, there was no preferred stock outstanding. The Board of Directors, without the requirement of shareholder approval, can issue preferred shares with dividend, preferences, liquidation, conversion, voting and other rights which could adversely affect the voting power or other rights of the holders of common stock.

InF-8 ~~November 2007, the Company issued 2,000,000 shares of common stock to the sole officer and director for total proceeds of $200.~~

LoanTable Payableof - OfficerContents

~~The officer~~STALAR ~~had~~4, ~~advanced funds to the Company to cover cash requirements~~INC. ~~The~~ ~~loan is unsecured and is payable on demand with interest at the prime rate.~~

~~NOTE~~(A GDevelopment –Stage ~~EQUITY TRANSACTIONS~~Company)

~~In January~~NOTES ~~2009,~~TO ~~the~~FINANCIAL ~~Company~~STATEMENTS ~~issued 22,500 shares of common stock to unrelated parties at $.04 per share, for total cash proceeds of $900, pursuant to a Common Stock offering.~~

~~NOTE~~SEPTEMBER H30, –2010 ~~SUBSEQUENT EVENT~~

~~In December~~(Continued) 2009, all of the Company’s shares were acquired by an unrelated party for cash. Pursuant to certain provisions of the tax law, this event is a significant change in ownership that will limit net operating loss carryforwards available for use in any given year. See Note D.

~~F-9~~NOTE D – INCOME TAXES

As of September 30, 2010, there were loss carryforwards for Federal income tax purposes of approximately $47,000, available to offset future taxable income. The carryforwards begin to expire in 2028. The Company does not expect to incur a Federal income tax liability in the foreseeable future. As of September 30, 2010 and 2009, the Company had a deferred tax asset amounting to approximately $16,000 and $11,000, respectively. Realization of deferred tax assets is dependent on future earnings, if any, the timing and amount of which is uncertain. Accordingly, the deferred tax asset has been fully offset by a valuation allowance of the same amount. As of September 30, 2010 and 2009, we did not recognize any assets or liabilities relative to uncertain tax positions.

Certain provisions of the tax law may limit net operating loss carryforwards available for use in any given year in the event of a significant change in ownership. See Note G.

NOTE E – RECENTLY ISSUED ACCOUNTING STANDARDS

In December 2007, the FASB issued and, in April 2009, amended a new business combinations standard codified within ASC 805 which establishes principles and requirements for how an acquirer recognizes and measures in its financial statements the identifiable assets acquired, the liabilities assumed, any noncontrolling interest in the acquiree and the goodwill acquired. The standard also establishes disclosure requirements that will enable users to evaluate the nature and financial effects of the business combination. The intent of the amendment is to address application issues on initial recognition and measurement, subsequent measurement and accounting, and disclosure of assets and liabilities arising from contingencies in a business combination. This standard was effective as of the beginning of an entity’s fiscal year that begins after December 15, 2008, which was our 2010 fiscal year beginning October 1, 2009. Our adoption will apply prospectively to business combinations completed on or after that date.

In December 2007, the FASB issued accounting guidance regarding noncontrolling interests. The guidance establishes accounting and reporting standards for the noncontrolling interest in a subsidiary or affiliate and for the deconsolidation of a subsidiary or affiliate. It clarifies that a noncontrolling interest in a subsidiary or affiliate is an ownership interest in the consolidated entity that should be reported as equity in the consolidated balance sheets and to separately report the amounts attributable to controlling and noncontrolling interests in the consolidated statements of operations and changes in equity for all periods presented. This standard was effective as of the beginning of an entity’s fiscal year beginning after December 15, 2008, which was our 2010 fiscal year beginning October 1, 2009. The adoption did not have a material impact on the Company’s results of operations, financial position or cash flows.

In June 2009, the FASB issued guidance requiring an analysis to determine whether a variable interest gives the entity a controlling financial interest in a variable interest entity. This guidance requires an ongoing reassessment and eliminates the quantitative approach previously required for determining whether an entity is the primary beneficiary. This guidance is effective for fiscal years beginning after November 15, 2009. Accordingly, we will adopt this guidance with our fiscal year beginning October 1, 2010. The Company does not expect the adoption to have a material impact on its results of operations, financial position or cash flows.

In June 2009, the FASB issued new guidance on accounting standards codification and the hierarchy of generally accepted accounting principles. The FASB ACCOUNTING STANDARDS CODIFICATION (TM) (Codification) has become the source of authoritative U.S. generally accepted accounting principles (GAAP) recognized by the FASB to be applied by nongovernmental entities. This Statement was effective for financial statements issued for interim and annual periods ending after September 15, 2009.

F-9

STALAR 4, INC.

(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

SEPTEMBER 30, 2010

(Continued)

NOTE F – RELATED PARTY TRANSACTIONS

Due to Parent

The Company has received cash advances from the Parent to help fund the Company’s operations. The unsecured advances are non-interest bearing and are due on demand.

Loan Payable – Officer

The officer had advanced funds to the Company to cover cash requirements. The loan is unsecured and is payable on demand with interest at the prime rate.

Equity Transaction

In November 2007, the Company issued 2,000,000 shares of common stock to the sole officer and director for total proceeds of $200.

NOTE G – EQUITY TRANSACTIONS

In December 2009, all of the Company’s shares were acquired by an unrelated party for cash. Pursuant to certain provisions of the tax law, this event is a significant change in ownership that will limit net operating loss carryforwards available for use in any given year. See Note D.

In January 2009, the Company issued 22,500 shares of common stock to unrelated parties at $.04 per share, for total cash proceeds of $900, pursuant to a Common Stock offering.

F-10

Filing Compare · Stalar 4, Inc.