U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10-Q/A

[X]

QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2011

[ ]

TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission file number: 000-53538

DISABILITY ACCESS CORPORATION

(Exact name of registrant as specified in its charter)


Nevada	20-5702367
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

720 W. Cheyenne Ave. Suite 210 North Las Vegas, NV	89030
(Address of Principal executive offices)	(Zip Code)


Registrant’s telephone number, including area code. Registrant’s facsimile number, including area code.	(702) 882-3999 (702) 475-5222

N/A

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

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

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

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


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

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

State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date: As of November 14, 2011, the issuer had 2,337,676,200shares of its common stock issued and outstanding.

EXPLANATORY NOTE

Disability Access Corporation (the "Company") is filing this Amendment No. 1 to Form 10-Q (the "Amendment") to amend its quarterly report for the period ended September 30, 2011, as filed with the Securities and Exchange Commission on November 14, 2011 (the "Original Filing"). The purpose of this Amendment is to amend financial footnote 1 and Item 2 Management’s Discussion and Analysis of Financial Condition and Results of Operations – Company Overview to clarify company history.

TABLE OF CONTENTS


PART I
Item 1.	Financial Statements	4
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	16
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	26
Item 4.	Controls and Procedures	28
PART II
Item 1.	Legal Proceedings	29
Item 1A.	Risk Factors	29
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	29
Item 3.	Defaults Upon Senior Securities	29
Item 4.	[Removed and Reserved]	28
Item 5.	Other Information	29
Item 6.	Exhibits	30
	Signatures	31

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements


DISABILITY ACCESS CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS
	September 30,	December 31,
	2011	2010
	(Unaudited)
ASSETS

Current assets
Cash	$ 201,310	$ 343,969
Accounts receivable, net of allowance of $1,448	143,437	224,528
Employee note receivable	15,000	-
Other current assets	16,907	26,456
Total current assets	376,654	594,953

Property and equipment, net of accumulated depreciation
of $442,648 and $367,900, respectively	215,688	224,052

Goodwill	908,712	908,712
Employee note receivable	25,000	-
Deposits	4,385	4,385

TOTAL ASSETS	$ 1,530,439	$ 1,732,102

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities
Accounts payable - trade	$ 146,912	$ 120,922
Accrued expenses	226,051	251,679
Income tax payable	2,979	4,979
Deferred revenue	20,750	10,333
Payable to related party for common stock repurchase	15,000	-
Advances from related parties	14,650	3,150
Total current liabilities	426,342	391,063



Note payable, related party	603,189	603,189

Total liabilities	1,029,531	994,252

Stockholders' equity
Preferred stock Series A, $.00001 par value; 10,000,000 shares authorized, issued and outstanding,	100	100
Preferred stock Series B, $.00001 par value; 5,000,000 shares authorized, 1,000,000 shares issued and outstanding,	10	10
Preferred stock Series C, $.00001 par value; 20,000,000 shares authorized, 8,000,000 shares issued and outstanding,	80	80
Common stock, $.00001 par value; 2,445,000,000 shares authorized, 2,337,676,200 and 2,437,676,200 shares issued and outstanding, respectively	23,377	24,377
Additional paid-in capital	1,681,565	1,694,739
Accumulated deficit	(1,204,224)	(981,456)

Total stockholders' equity	500,908	737,850

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,530,439	$ 1,732,102

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


DISABILITY ACCESS CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2011 AND 2010 (Unaudited)
	Three Months Ended September 30,		Nine Months Ended September 30,
	2011	2010	2011	2010

Sales	$ 366,800	$ 388,749	$ 854,142	$ 1,292,140
Cost of sales	151,063	180,026	400,010	517,800

Gross profit	215,737	208,723	454,132	774,340

Operating costs and expenses
Selling expense	28,849	25,168	81,225	80,048
General and administrative	210,446	191,117	559,703	578,232

Total operating costs and expenses	239,295	216,285	640,928	658,280

Income (loss) from operations before other expense	(23,558)	(7,562)	(186,796)	116,060

Interest expense, net	(11,866)	(13,505)	(35,972)	(47,684)
Loss on extinguishment of debt	-	-	-	(34,046)

Net income (loss)	$ (35,424)	$ (21,067)	$ (222,768)	$ 34,330

Income (loss) per common share,	$ (0.00)	$ (0.00)	$ (0.00)	$ 0.00
Basic	$ (0.00)	$ (0.00)	$ (0.00)	$ 0.00
Diluted

Weighted average shares outstanding,
Basic	2,423,545,765	2,437,676,200	2,432,914,295	2,437,676,200
Diluted	2,423,545,765	2,437,676,200	2,432,914,295	11,883,018,081
The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.


DISABILITY ACCESS CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2011 AND 2010 (Unaudited)
	2011	2010

Cash flows from operating activities:
Net (loss) income	$ (222,768)	$ 34,330
Adjustments to reconcile net (loss) income to net
cash (used) provided by operating activities:
Depreciation and amortization	74,748	90,910
Loss on extinguishment of debt	-	34,046
Loss on disposition of property and equipment	-	361
Stock based compensation	826	222
Accrued interest on related party loans, net	-	38,646
Decrease (increase) in assets:
Accounts receivable	81,091	39,386
Other current assets	9,549	(21,456)
Deposits	-	-
Increase (decrease) in liabilities:
Accounts payable and accrued expenses	362	(3,897)
Deferred revenue	10,417	-
Income tax payable	(2,000)	-

Cash (used) provided by operating activities	(47,775)	212,548

Cash flows from investing activities:
Cash paid for fixed assets	(66,384)	(30,378)

Cash used by investing activities	(66,384)	(30,378)

Cash flows from financing activities:
Employee notes receivable	(40,000)	-
Advances from related party	11,500	3,150
Payments on notes and capital leases	-	(14,265)
Payments on related party notes	-	(65,010)

Cash used by financing activities	(28,500)	(76,125)

Net (decrease) increase in cash	(142,659)	106,045
Cash, beginning of period	343,969	148,829
Cash, end of period	$ 201,310	$ 254,874

Supplemental Schedule of Cash Flow Information:
Cash paid for interest	$ 46,798	$ 33,946
Cash paid for income taxes	$ 2,000	$ -


Non-cash financial activities:

Accrued interest on related party notes added to principal	$ -	$ 18,142
Current related party note payable reclassified as long term	-	461,582
Debentures payable assigned to third party	-	141,606
Issuance of preferred stock pursuant to divestiture agreement	-	10

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

DISABILITY ACCESS CORPORATION
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER 30, 2011

NOTE 1- ORGANIZATION AND NATURE OF OPERATIONS

Disability Access Corporation (the “Company” or “DBYC”) presently has one subsidiary company, Disability Access Consultants, Inc. Disability Access Corporation (“our”, “us”, “we”, “DBYC” or the “Company”) was incorporated in the state of Nevada on December 15, 2004 under the name of PTS Cards, Inc. and it was name changed to Disability Access Corporation on November 8, 2006. PTS, Inc, our former parent company, acquired Power-Save Energy Corp, a Delaware corporation, on or about September 7, 2006. On November 15, 2005, PTS, Inc. purchased Disability Access Consultants, Inc. (“DAC”). On October 11, 2006, PTS, Inc. renamed Power-Save Energy Corp. to Disability Access Corporation (“DBYC Delaware”). On October 17, 2006 DAC signed a merger agreement with DBYC Delaware to be effective on January 2, 2007 with DBYC Delaware to be the surviving corporation.

Our former parent company, PTS, Inc., purchased Power-Save Energy Corp. a Delaware corporation on September 7, 2006. Power-Save Energy Corporation was formed in March 15, 2005.

On November 15, 2006, DBYC NV was merged into DBYC Delaware, with DBYC NV (“DBYC”) remaining as the surviving public corporation and a subsidiary of PTS, Inc. Under the terms of the planned merger agreement dated October 17, 2006, DAC was to be merged with and into DBYC NV, with DAC continuing as the surviving corporation. On January 3, 2007, upon further consideration, the Board of Directors of PTS reconsidered the structure and decided, for various business optimization purposes, to forgo the merger of DAC. Instead, DAC became a wholly-owned subsidiary of DBYC.

DAC is a corporation with an extensive history of accessibility compliance consulting. DAC provides consultation to numerous state and local governmental entities and businesses. DAC has assisted city and county governments, the federal government, school districts, and other public entities and municipalities. DAC has also assisted retail, commercial, recreational and corporate clients to comply with state and federal accessibility standards. DAC has developed transition/barrier removal plans and provided consultation and expert witness services. DAC offers both pro-active services as well as support and assistance for companies that are facing penalties and litigation for being out of compliance. DAC has assisted in litigation and has performed compliance audits for public entities and other businesses. To help companies and public entities meet the requirements of the Americans with Disabilities Act and other accessibility standards, DAC has developed proprietary software that is a management tool to simplify and streamline the accessibility compliance process. DAC has offices in Nevada, Northern California and Florida.

On February 23, 2010 PTS divested itself of its ownership in DBYC and DAC.

Basis of Presentation

The accompanying unaudited condensed consolidated financial statements as of September 30, 2011 and for the three and nine month periods ended September 30, 2011 and 2010 have been prepared by DBYC pursuant to the rules and regulations of the Securities and Exchange Commission, including Form 10-Q and Regulation S-X. The information furnished herein reflects all adjustments (consisting of normal recurring accruals and adjustments) which are, in the opinion of management, necessary to fairly present the operating results for the respective periods. Certain information and footnote disclosures normally present in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted pursuant to such rules and regulations. The Company believes that the disclosures provided are adequate to make the information presented not misleading. These financial statements should be read in conjunction with the audited financial statements and explanatory notes for the year ended December 31, 2010 as disclosed in the company's Form 10-K as filed with the SEC, as it may be amended.

The results of the nine months ended September 30, 2011 are not necessarily indicative of the results to be expected for the pending full year ending December 31, 2011.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Principles of Consolidation

The accompanying consolidated financial statements include the accounts of DBYC and DAC. All significant intercompany transactions have been eliminated.

Use of Estimates

The preparation of consolidated financial statements 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 disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Revenue Recognition

DAC generates revenue from services regarding compliance with state, federal and local accessibility codes. Services include inspections of facilities, production of accessibility reports, consultation, expert witness services, and review of policies and procedures of the client. In all cases, revenue is recognized as earned by the Company. Though contracts may vary between a progress-basis and completed project basis, as the client becomes liable to the Company for services provided, as defined in the agreement, the client is then invoiced and revenue is accordingly recognized and recorded. The Company does not recognize or record any revenues for which it does not have a legal basis for invoicing or legally collecting. For progress-basis contracts, the Company invoices the client when it has completed the specified portion of the agreement, thereby, ensuring the client is legally liable to the Company for payment of the invoice. On progress-basis contracts, revenue is not recognized until this criteria is met. The Company generally seeks progress-based agreements when the length of engagement will exceed two months and the size of contract exceeds $25,000.

Concentrations

Customers:

During the nine months ended September 30, 2011 and 2010, two and four customers, respectively, accounted for 38% and 59%, respectively, of our revenue. No other customer accounted for more than 10% of revenue during 2011 and 2010. The loss of these customers could have a material adverse effect on our financial position and results of operations.

At September 30, 2011, two customers accounted for a total of 69% of our accounts receivable. No other customer accounted for more than 10% of our accounts receivable at September 30, 2011.

Loss Per Share

Basic and diluted loss per common share for all periods presented is computed based on the weighted average number of common shares outstanding during the year as defined by FASB ASC Topic 260, "Earnings Per Share.” The assumed exercise of common stock equivalents was not utilized for the three and nine months ended September 30, 2011 and the three months ended September 30, 2010 since the effect would be anti-dilutive. Weighted average common stock equivalents of 9,445,341,881 were included in the calculation of diluted earnings per share for the nine months ended September 30, 2010. There were 10,808,594,444 and10,802,222,200 common stock equivalents outstanding at September 30, 2011 and 2010, respectively (see Note 4).

Income Taxes

We utilize ASC Topic 740 “Income Taxes” which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns.

Under this method, deferred income taxes are recognized for the tax consequences in future years of differences between the tax bases of assets and liabilities and their financial reporting amounts at each year-end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income.

Stock Based Compensation

We account for our stock based compensation under ASC Topic 718 “Compensation – Stock Compensation” using the fair value based method. Under this method, compensation cost is measured at the grant date based on the value of the award and is recognized over the service period, which is usually the vesting period. This guidance establishes standards for the accounting for transactions in which an entity exchanges it equity instruments for goods or services. It also addresses transactions in which an entity incurs liabilities in exchange for goods or services that are based on the fair value of the entity’s equity instruments or that may be settled by the issuance of those equity instruments.

We use the fair value method for equity instruments granted to non-employees and use the Black-Scholes model for measuring the fair value of options. The stock based fair value compensation is determined as of the date of the grant or the date at which the performance of the services is completed (measurement date) and is recognized over the vesting periods.

Potential Derivative Instruments

We periodically assess our financial and equity instruments to determine if they require derivative accounting. Instruments which may potentially require derivative accounting are conversion features of debt, equity, and common stock equivalents in excess of available authorized common shares.

We have determined that the conversion features of our equity instruments are not derivative instruments because the strike price of common stock at the date of grant is equal to the conversion price.

We have determined that common stock equivalents in excess of available authorized common shares are not derivative instruments due to the fact that an increase in authorized shares is within our control because our chief executive officer, Peter Chin, and his spouse control over 50% of our voting power. Mr. Chin has the power to elect directors of his choosing, including, if he so chose, to elect himself as the sole director through his greater than 50% ownership of the outstanding common shares. Article 3, Item 10 of the company’s bylaws states that: “Any director may be removed for cause by the majority vote of the stockholders or by a majority vote of the Board of Directors.” Therefore, Mr. Chin has the authority and ability, as controlling shareholder, to take action to remove the board, and either replace them with board members who would act or install himself as the sole board member and act unilaterally.

Fair Value of Financial Instruments

Our short-term financial instruments, including cash, accounts payable and other liabilities, consist primarily of instruments without extended maturities, the fair value of which, based on management’s estimates, reasonably approximate their book value.

Fair Value Measurements

ASC Topic 820 “Fair Value Measurement” defines fair value as the amount that would be received for an asset or paid to transfer a liability (i.e., an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC Topic 820 also establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC Topic 820 describes the following three levels of inputs that may be used:

Level 1: Quoted prices (unadjusted) in active markets that are accessible at the measurement date for identical assets and liabilities. The fair value hierarchy gives the highest priority to Level 1 inputs.

Level 2: Observable prices that are based on inputs not quoted on active markets but corroborated by market data.

Level 3: Unobservable inputs when there is little or no market data available, thereby requiring an entity to develop its own assumptions. The fair value hierarchy gives the lowest priority to Level 3 inputs.

The table below summarizes the fair values of our financial liabilities as of September 30, 2011:





	Fair Value at		Fair Value Measurement Using
	September 30, 2011		Level 1		Level 2		Level 3

Note payable, related party	$	603,189	$	-	$	-	$	603,189
	$	603,189	$	-	$	-	$	603,189

Recent Accounting Pronouncements

In May 2011, the FASB issued an accounting standard update that amends the accounting standard on fair value measurements. The accounting standard update provides for a consistent definition and measurement of fair value, as well as similar disclosure requirements between U.S. generally accepted accounting principles and International Financial Reporting Standards. The accounting standard update changes certain fair value measurement principles, clarifies the application of existing fair value measurement, and expands the fair value measurement disclosure requirements, particularly for Level 3 fair value measurements. The amendments in this accounting standard update are to be applied prospectively and are effective for interim and annual periods beginning after December 15, 2011. The adoption of this accounting standard update will become effective for the reporting period beginning January 1, 2012. The adoption of this guidance will not have a material impact on the Company's financial position, results of operations or cash flows.

In September 2011, the FASB issued an accounting standard update that amends the accounting guidance on goodwill impairment testing. The amendments in this accounting standard update are intended to reduce complexity and costs by allowing an entity the option to make a qualitative evaluation about the likelihood of goodwill impairment to determine whether it should calculate the fair value of a reporting unit. The amendments also improve previous guidance by expanding upon the examples of events and circumstances that an entity should consider between annual impairment tests in determining whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. The amendments in this accounting standard update are effective for interim and annual goodwill impairment tests performed for fiscal years beginning after December 15, 2011. The adoption of this accounting standard update will become effective for the reporting period beginning January 1, 2012. The adoption of this guidance will not have a material impact on the Company's financial position, result of operations or cash flows.

NOTE 3 – RELATED PARTY TRANSACTIONS

During 2010 we repaid $45,009 of principal to an officer of DAC. During 2011 we paid the remaining accrued interest of $10,825 to this officer.

During the third quarter of 2011 we received $11,500 in working capital advances from related parties.

During the third quarter of 2011 we repurchased 100,000,000 shares of our common stock from Peter Chin for an agreed price of $15,000. The shares were returned to the Company and cancelled during the third quarter. The payment to Peter Chin has not yet been made and is reflected as a current liability at September 30, 2011.

NOTE 4 – CONVERTIBLE PREFERRED STOCK AND DEBENTURES

On February 23, 2010, PTS, Inc. exchanged 10,000,000 Preferred Series A plus 1,175,126,879 common stock to Mr. Peter Chin and Mr. Peter Chin maintains control after the divestiture.

As of September 30, 2011, the common stock equivalents of the Company exceeded the total common stock available for issuance by approximately 10,700,000,000 shares. The Company’s Chief Executive Officer, Peter Chin, controls 8,000,000 shares of Series C Preferred Stock that are convertible into 800,000,000 common shares of the Company.

After giving consideration to the convertible preferred stock held by Mr. Chin, our remaining common stock equivalents exceed our common shares available for issuance by approximately 9,900,000,000 shares. Although we are required to obtain shareholder approval to increase our authorized shares, Mr. Chin has control of shareholder votes in excess of 50%. Therefore, the ability to increase our authorized shares is considered to be within the Company’s control and we have not accounted for these common stock equivalents as derivative instruments at September 30, 2011.

NOTE 5 – STOCKHOLDERS’ EQUITY

We are authorized to issue a total of 2,500,000,000 shares of stock, 2,445,000,000 shares of common stock and 55,000,000 shares of preferred stock.

We have designated 10,000,000 shares of Series A preferred stock, $.00001 par value, each share having voting rights equal to 500 shares of common stock.

We have designated 5,000,000 shares of Series B convertible preferred stock, $.00001 par value, each share convertible into $1 worth of common stock at, based on the average of the lowest 3 closing prices for the 20 day period prior to conversion.

We have designated 40,000,000 shares of Series C convertible preferred stock, $.00001 par value, each share convertible into 100 shares of common stock. Each share has voting rights equal to the equivalent number of common shares on an as if converted basis.

In connection with their employment agreements, we have granted to two employees an aggregate of 1,020,500 shares of convertible preferred stock. Of these shares, 1,000,000 convert on a 1 for 1 common share basis and 20,500 convert on a 1 for 100 common share basis. At September 30, 2011, 964,945 of the preferred shares have vested (but are not issued) and the remaining shares will vest through February 1, 2012. During the three and nine months ended September 30, 2011 we have recorded $17 and $566, respectively, of expense related to the stock grants.

On February 1, 2010, Barbara Thorpe entered into an employment agreement with DAC. Pursuant to her employment contract, Ms. Thorpe received a stock grant of 100,000 shares of Preferred Series C stock. The grant vests in equal annual installments of 33,334 shares over the three year term of the contract. We have valued the grant at $1,000, based on the value of the underlying shares of common stock. During the three months ended September 30, 2011 and 2010 we have recognized $83 and $83, respectively, of expense related to this stock grant. During the nine months ended September 30, 2011 and 2010 we have recognized $250 and $222, respectively, of expense related to this stock grant.

On February 1, 2010, Barbara Thorpe entered into an employment agreement with DAC. As a part of the divestiture agreement Ms. Thorpe was required to exchange her one million dollars’ worth of Preferred Series E shares in PTS for one million dollars’ worth of DBYC Preferred Series B shares. DBYC, in settlement of its obligations to PTS, Inc. for past management services, allocable fees, federal tax benefits and any other and all past present and/or future obligations of DBYC and DAC to PTS, Inc. exchanged the PTS, Inc. Preferred Series E shares for such obligations. We have recorded a capital transaction valued at $10, or $0.00001 per share, in connection with the issuance of the one million shares of Preferred Series B.

NOTE 6 – PROPERTY AND EQUIPMENT

During the nine months ended September 30, 2011 we capitalized $49,957 of costs related to the development of software products for which technological feasibility has been achieved. The developed software is designed to facilitate inspections related to fair housing, and has since been used for commercial activity.

NOTE 7 – EMPLOYEE NOTES RECEIVABLE

On February 1, 2011, we loaned an aggregate of $40,000 to two key employees, pursuant to two promissory notes. One note, in the amount of $25,000, bears no interest and is due on February 1, 2013. The Company will have the option of using this note as consideration for compensation of services rendered. The second note, in the amount of $15,000, bears no interest and was due on June 1, 2011. Upon maturity, both of these notes will accrue interest on the unpaid principle of nine percent per annum.

NOTE 8 – SUBSEQUENT EVENTS

On October 25, 2011 the Board of Directors approved a reduction in the amount of authorized shares of Preferred Series C from 40,000,000 shares to 20,000,000 shares. The Board also approved the designation of 20,000,000 shares of Preferred Series D stock, par value $0.00001 per share. Each share of Preferred Series D stock can be converted into 1 share of Common stock, par value $0.00001.

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Forward-Looking Information

Much of the discussion in this Item is “forward looking.” Actual operations and results may materially differ from present plans and projections due to changes in economic conditions, new business opportunities, changed business conditions, and other developments. Other factors that could cause results to differ materially are described in our filings with the Securities and Exchange Commission.

There are several factors that could cause actual results or events to differ materially from those anticipated, and include, but are not limited to, general economic, financial and business conditions, changes in and compliance with governmental laws and regulations, including various state and federal environmental regulations, our ability to obtain additional financing from outside investors and/or bank and mezzanine lenders, and our ability to generate sufficient revenues to cover operating losses and position us to achieve positive cash flow.

Readers are cautioned not to place undue reliance on the forward-looking statements contained herein, which speak only as of the date hereof. We believe the information contained in this Form 10-Q/A to be accurate as of the date hereof. Changes may occur after that date. We will not update that information except as required by law in the normal course of its public disclosure practices.

Company Overview

Our former parent company, PTS, Inc., purchased Power-Save Energy Corp. a Delaware corporation on September 7, 2006. Power-Save Energy Corporation was formed in March 15, 2005.

On November 15, 2006, DBYC NV was merged with DBYC Delaware, with DBYC NV (“DBYC”) remaining as the surviving public corporation and a subsidiary of PTS, Inc. Under the terms of the planned Merger agreement dated October 17, 2006 DAC was to be merged with and into DBYC, with DAC continuing as the surviving corporation. On January 3, 2007, upon further consideration, the Board of Directors of PTS, Inc. reconsidered the structure and decided, for various business optimization purposes, to forgo the merger of DAC. Instead, DAC became a wholly-owned subsidiary of DBYC. See the chart below for a visual representation of the chain of events.

Notwithstanding the above transactions, DBYC and DAC remained subsidiaries of PTS, Inc. through December 31, 2009. On February 23, 2010, PTS, Inc., entered into an Exchange and Settlement Agreement with Mr. Peter Chin to resolve mutual obligations and liabilities. The effect of the Exchange and Settlement Agreement was that Mr. Peter Chin would resign from all positions and appointments in PTS, Inc. as of the close of business on February 23, 2010 and the Board would accept such resignation, and that further Peter Chin would forgive $502,699 worth of collective accumulated obligations for salary, advances and expenses from PTS, Inc. and would further exchange 4,863,333 PTS, Inc. Series A preferred shares (worth approximately $328,275 based on closing bid price at February 12, 2010) in exchange for 10,000,000 Series A preferred shares in Disability Access Corporation, held by PTS, Inc. (approximate value $100) plus 1,175,126,879 common shares in Disability Access Corporation (approximate value $117,513) held by PTS, Inc. plus all notes receivable (including debentures) held by PTS, Inc. in Disability Access Corporation and/or its subsidiary Disability Access Consultants, Inc. which collectively total $569,078 as of February 23, 2010. The exchange would eliminate PTS, Inc.'s interest in Disability Access Corporation as well as Disability Access Consultants, Inc. A copy of the Exchange and Settlement Agreement was attached to the Company’s Current Report on Form 8-K filed on March 12, 2010 as Exhibit 10.4.

Disability Access Consultants, Inc. (“DAC”), out of an effort to create a system to facilitate and expedite the processes related to inspections based on the regulatory standards for the American with Disabilities Act (ADA) has developed a proprietary web-centric process which can be used for such purpose. In addition to its original purpose, the process can also be adapted for other areas of regulatory inspection and requirements. Though DAC’s original business is founded on performing ADA inspections, its efforts to automate the inspection process have resulted in an interactive system which can be readily adapted to a wide range of other regulatory required inspection areas such as but not limited to: Building Inspections, Health Inspections, Mine Safety, OSHA, Fire Inspections, etc.

DAC offers a full continuum of accessibility compliance services, software and automated solutions to comply with the requirements for mandated and recommended services for individuals with disabilities in accordance with federal, state and local laws and regulations. Services are provided to a broad spectrum and growing number of clients as the concept of “ADA is Everyone’s Business” integrates into a large network of businesses and public entities.

Included in DAC’s automated solution for data collection, processing and reporting is compliance with state and federal accessibility regulations and codes. DAC currently uses DACTrak by our staff to inspect sites and “process” a compliance report. DACTrak provides a web based solution for the client to view, interact and manage their compliance data. The use of AcTrak was originally designed as a term for using the software on the pc tablet for the actual inspection process. DACTrak was designed as the data management portion of the software for the clients to update and manage their report. To avoid confusion, the terms AcTrak and DACTrak were “blended” or combined to refer to the same software, regardless of their use. AcTrak was originally intended to be the intake portion of the software that utilized the laptop tablet. DACTrak was the automatically generated report and the report management features that utilized the web. Over time, AcTrak has blended into DACTrak and the terms are used in a similar capacity and reference. The software is now named DACTrak. The term DACTrak will be utilized in this document, as applicable.

Business Strategy

Long range business opportunities include potential expansion of current DAC accessibility and ADA compliance products and services into a large market arena that includes other regulatory areas in addition to the ADA. The business strategy includes regulatory products in addition to the ADA. Our software expansion will be targeted for specific industry standards that may include, but are not limited to: building officials, code enforcement, insurance industry, risk managers, OSHA, insurance carriers, nuclear industry, FEMA, federal government, title insurance, banking and accounting. The list of potential clients and markets represents a large market potential. Revenue generation from the various areas of our current and new products will come from: Software licensing, Software training, Online and Telephone support, Data Storage and Client device utilization.DAC currently has insurance carriers, building officials, code enforcement, risk managers, city and county governments, federal government as clients for ADA and state accessibility regulations, the software expansion will target content areas and other needs beyond accessibility for each industry. We are currently working on products for Fair Housing, of which we estimate we are substantially complete towards a similar product service and system comparable in nature and method to our existing ADA software and services. We have placed the Fair Housing software products into service for commercial utilization in the first quarter of 2011 and have since begun revenue generation.

Our Products and Services

Currently our services include onsite facility surveys by our inspectors utilizing DACTrak, review of client policies and procedures for discriminatory practices, consultation, plan reviews, expert witness services and providing training and staff development sessions. Our current principal income is obtained from the use of our services and proprietary software related to accessibility compliance with State and Federal standards.

Though based on our earlier version the new version of DACTrak software has further enhanced and expanded the automated features of the entire inspection process and embraces a new business model, which significantly reduces the inspection and report generation time period, improving productivity by factors in excess of 800% (efficiency measures as determined by comparing historical time consumed in a manual inspection and report generation vs time consumed utilizing the company’s software assisted process), by using the tools and methodologies as generally outline and described below. Disability Access Corporation has created and is currently refining a do-it-yourself self service, subscription based, fully automated process to be used both internally and marketed to the public. The product was ready for customers in the fourth quarter of 2009 and began commercial usage in 2010.

These tools enable end-to-end do-it-yourself subscription based compliance solutions that are focused on large enterprise clients, specifically the federal government and other large corporate and public entities. In addition, the product is designed to incorporate partnerships with existing competition by enabling them use of the product while safeguarding our knowledge base and maintaining complete control. In short, we have automated the entire process from a time-consuming, labor intensive and highly specialized procedure to a simple and expedient method requiring minimal training.

DACTrak has improved worker productivity, created faster production delivery and provides enterprise management while drastically reducing labor costs and turnaround times. Client access to information is managed and readily available through a web browser. Inspections and field data are automatically processed and delivered to the client in real time. The products will be available for large volume jobs such as the US Government. Program updates will be accomplished through an auto feature and will work globally for all clients.

DACTrak is working and producing revenue in the current market. Fees vary due to the type, size, location, and quantity of the inspections to be completed and the timeline requested for completion. The potential market of clients that needs not only data collection, but automated processing of complex data and web based interaction and management is large and represents a significant revenue potential. Reports were previously distributed by hard copy or on compact disk. Reports are now accessed by the client via the web browser. In selected cases, hard copies of the reports can be mailed or sent via PDF.

Competition

To our knowledge there are currently no competitive do-it-yourself interactive automated model electronic processing systems available for these forms of compliance inspections that we are aware of. Based on our surveys and studies, our competition uses manual processes and rudimentary database and/or spreadsheet based lists as the only other types of technology assisted processes used. As a result, competitor surveys are laborious, require extensive training and are not necessarily comprehensive.

Competitive Advantages

Most of DAC’s current competitors for the inspection aspects of the Company’s business are architectural firms that perform design work in addition to ADA inspections and services, generally at higher prices than DAC. DAC is aware of some pricing by public bid results and inquiry phone calls from prospective and existing clients.

What sets DAC apart from the competition is that DAC has developed the software, methodology and experience that exceed the competition’s data collection and delivery methods. DAC has also developed a method to process complex information and has developed a methodology for data management. DAC has researched the delivery methods of our competitors. Some competitors do not use any databases. DAC is not aware of competitors that have a “self service or automated model” that processes complex information using an automated process. DAC has provided a technology based delivery of our inspection reports, which is not done by the majority of our competitors. Most of our competitors use simple database reporting. DAC does not provide design services.

DAC also has the competitive advantages of lower cost of services that generates competitive pricing, as well as efficient and speedy report generation. Our market speed and recognition will continue to develop and provide for a large increase in volume. DAC has an established diverse client base.

As previously mentioned, the target market for future DAC clients expands beyond the market for accessibility products and services. Expanding our currently working and revenue generating software into other markets is now a reality.

There is currently no do-it-yourself automated model electronic processing system available from the competition, that we are aware of. Based on our surveys and studies, our competition uses manual processes and rudimentary database and/or spreadsheet based lists as the only other types of technology assisted processes used. As a result, competitor surveys are laborious, require extensive training and are not necessarily comprehensive.

We Are the Developers of Our Technology. For the last 8 years we have been at the forefront in the innovation and design of automating the ADA inspection process.

We are the Creators of Our Own Technology. We offer a superior technological solution at a far superior price. Based upon research and analysis of our competitors, management believes we are the leading company in technology currently providing ADA inspections.

We Offer a Turn-Key Solution. DAC offers a complete inspection, evaluation, reporting and data retention process for our ADA customers. DAC further expects to extend this solution basis to other areas of required regulatory compliance.

Customers

Our new customers are mainly derived by “word of mouth” from current and previous customers, particularly as the litigation community as well as the construction contractor community is fairly small, need by these patrons stimulate peer query and we have enjoyed the resulting positive referrals. Additionally, we obtain new patrons through customer initiated Website searches, from responding to various public “Request For Proposals” and from attending and/or presenting at certain relevant trade shows.

A very important component of our Market Strategy is customer retention. The Company’s product is Web based not client based, and as such the customer is compelled to continue with the Company’s services for both software updates and data storage, the absence of which renders the customers final reports as static and of limited use in the changing reporting environment, thus effectively once a customer always a customer.

Though the product utilization opportunities are vast the larger potential core users are much more defined and easily targeted for presentation. The following sales methodologies will be utilized; 1) direct sales solicitations; 2) target specific industry trade magazines; 3) web based marketing; 4) seminars and trade shows 5) commissioned sales solicitations. Additionally, as the Company’s solutions provide for a timely report turnaround at efficient pricing there is a natural viral consumer marketing solution as various professionals share their solutions (most of the existing customers for DAC have been obtained in this manner). Separately the company obtains business by responding to government request for bids for services based on ADA compliance. The Company has enjoyed past and current contracts obtained in this method and has further enjoyed supplemental business opportunities from the word of mouth generated by this activity.

From January 1, 2008 through September 30, 2011, the Company has benefited, and continues, to-date, to benefit from a contract with Yum Restaurant Services Group, Inc., a large international Quick Service Restaurant (QSR) chain. DAC has contractual commitments to provide services related to approximately 4,000 of their locations. During the aforementioned period the Company enjoyed approximately 30% in 2009, approximately 28% in 2010 and for the first nine months of 2011 approximately 24% of its gross revenue from this client. The agreement is not exclusive and does not carry a calendar term; however, it is on an as available basis and as such tends to flow seasonally in parallel with construction seasons. DAC charges the client an original inspection fee for each restaurant and a lesser fee for each re-inspection (re-inspections are typical for facilities with significant exceptions noted in previous inspections). In addition to the inspection fee, the client also reimburses for DAC’s staff travel and expenses. While this client represented a significant part of DAC’s revenues in 2009 and a lesser degrees in 2010 and the first nine months of 2011, DAC expects to continue to diversify its client base and as such, under normal circumstances, DAC does not believe it is overly dependent on this client, particularly in light of the continued growing need for ADA inspections, and the expected inclusion of ADA compliance in the current economic stimulus legislation. As evidence to the absence of dependency, the Company has experienced quarters where the activity from the client was nominal and the Company filled in the open times with other client work, typically in the areas of public facilities such as schools and universities. Furthermore, the Company has had significant other client activity such that the Company finds itself often times declining request for work from other potential clients. Additionally, as there is no material fixed costs associated with the inspections of the food chain facilities, accordingly, in the event there is an absence of work from said client there is no unrecoverable incremental costs so at worst the loss of this client would be opportunity loss not hard dollar costs.

Intellectual Property

We regard that protection of copyrights, service marks, trademarks, trade dress and trade secrets are critical to our future success and we will rely on a combination of copyright, trademark, service mark, first to invent rights and trade secret laws in addition to contractual restrictions to establish and protect our proprietary rights in products and services. Due to the high cost of filing, we have not filed trademark applications for our brand and logos, however as we increase our capital resources we intend to submit our most recently developed technology applications for various categories of intellectual property protection, which we currently expect will be in either late 2011 or early 2012, again as resources permit.

Government Regulation

Compliance with the Americans with Disabilities Act (ADA), federal accessibility standards and state disability laws and regulations applies to business and public entities. The market is unique in that it is driven by accessibility requirements that are mandated. Buildings, facilities, venues and programs that are open to the public are required to be accessible for individuals with disabilities. Properties and services that are not accessible may be discriminatory and present a potential liability for property owners. Purchasing properties that do not meet the required federal and state standards increase exposure to lawsuits and present additional liability for property owners and managers.

● More than 54 million people (20% of the population) in the United States have a disability ¹.

● The Americans With Disabilities Act (ADA) passed in 1990 ², requires all organizational entities, public or private, with more than 15 employees, to provide equal access for individuals with disabilities.

● There were more than 5.7 million firms in the United States; these businesses have more than 7.3 million establishments and sites at risk ³.

With the adoption of contemporary state and local building codes and with an increasing aging population demanding safe access, the need for accessibility risk management, compliant buildings and accessible programs will continue to intensify.

¹ U.S. Census Bureau, December 18, 2008 press release

² http://www.usdoj.gov/crt/ada/pubs/ada.txt

³ http://factfinder.census.gov/servlet/IBQTable?_bm=y&-geo_id=&-ds_name=SB0700CSA15&-_lang=en

The 2008 County Business Patterns and 2007 Economic Censuswas filed as Exhibit 99.3 to the Company’s Form 10-K filed on March 22, 2011.

Research and Development

The Company recognized that in order to maximize productivity, expand opportunities, and to grow beyond a specialty inspection business that developing unique information technology solutions was and is key to the long term dynamic growth of the Company. Accordingly, the Company has committed significant resources to the development of various information processing solutions, with the goal to provide, in addition to professional inspection services, certain technology solutions as licensable products and services. The Company spent $435,485 in 2007 on ordinary support and maintenance of the Company's software and system, through which the Company identified areas for future software and system development and accordingly spent $236,135 in 2008 and $18,743 in 2009 which was capitalized. The new software was deployed and made commercially available in the first quarter of 2009. Separately, the Company spent $49,957 in the first quarter of 2011 developing software for utilization in inspections related to Fair Housing, to which the software was commercially deployed in the first quarter of 2011 Though the clients of the Company will benefit from the efficiencies gained through our Research and Development, the Company is able to continue to expand and diversify its client base as well as afford an opportunity for business expansion by licensing the resultant developed software. The Company has enjoyed certain successes in this effort and has realized certain anticipated benefits accordingly. The Company remains committed to continuing its Research and Development efforts with the following business goals and targets:

Expand service areas, markets and applications beyond our current target market of compliance with accessibility regulations for state and local governments and businesses.

Provide an option for our clients to utilize DACTrak to collect data themselves by licensing DACTrak on our customized pc tablet.

Develop the infrastructure to support growth to other markets and applications.

Provide regulatory agencies and businesses with an automated tool that can be used directly by the agency or business to provide consistent and reliable data collection and analysis of field information and the methodology to manage and update data.

Provide training seminars.

Develop training materials and publications for purchase.

Provide licensing or subscription based use of DACTrak and the DAC pc tablet.

Employees

Disability Access Corporation currently has two employees who serve in administrative positions and two independent consultants.

Through our subsidiary, Disability Access Consultants, Inc., we have an additional nine full time employees and three independent consultants who serve in administrative positions. Management intends to hire additional employees only as needed and as funds are available.

On December 15, 2010, the Company accepted the resignation from Barbara Thorpe as the Company's President and member of the Board of Directors. Effective as of the same date, the Board of Directors appointed Peter Chin as the Company’s President. Ms. Thorpe will continue in the capacity of President and a member of the Board of Directors of the Company’s subsidiary, Disability Access Consultants, Inc.

Barbara Thorpe has extensive experience in accessibility solutions and assisting individuals with disabilities. She serves as President, and along with her management responsibilities provides the vision to our IT Department to develop and expand the automated inspections systems.

Office and Facilities

Our corporate headquarters are located at 720 W. Cheyenne Ave, Suite 210, North Las Vegas, Nevada 89030.

Critical Accounting Policies.

The preparation of our consolidated financial statements in conformity with accounting principles generally accepted in the United States requires us to make estimates and judgments that affect our reported assets, liabilities, revenues, and expenses, and the disclosure of contingent assets and liabilities. We base our estimates and judgments on historical experience and on various other assumptions we believe to be reasonable under the circumstances. Future events, however, may differ markedly from our current expectations and assumptions. While there are a number of significant accounting policies affecting our consolidated financial statements, we believe the following critical accounting policies involve the most complex, difficult and subjective estimates and judgments.

Revenue Recognition

Software Development Costs

Costs incurred internally in creating a computer software product are charged to expense when incurred as research and development until technological feasibility has been established for the product. Technological feasibility is established upon completion of a detail program design or, in its absence, completion of a working model. Thereafter, all software production costs are capitalized and subsequently reported at the lower of unamortized cost or net realizable value. Capitalized costs are amortized based on current and future revenue for each product with an annual minimum equal to the straight-line amortization over the remaining estimated economic life of the product.

Intangible and Long-Lived Assets

We follow Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 360, “Property Plant and Equipment”, which establishes a “primary asset” approach to determine the cash flow estimation period for a group of assets and liabilities that represents the unit of accounting for a long lived asset to be held and used. Long-lived assets to be held and used are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The carrying amount of a long-lived asset is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset. Long-lived assets to be disposed of are reported at the lower of carrying amount or fair value less cost to sell.

Goodwill is accounted for in accordance with ASC Topic 350, “Intangibles – Goodwill and Other”. We assess the impairment of long-lived assets, including goodwill and intangibles on an annual basis or whenever events or changes in circumstances indicate that the fair value is less than its carrying value. Factors that we consider important which could trigger an impairment review include poor economic performance relative to historical or projected future operating results, significant negative industry, economic or company specific trends, changes in the manner of our use of the assets or the plans for our business, market price of our common stock, and loss of key personnel. We have determined that there was no impairment of goodwill during 2011 or 2010.

Potential Derivative Instruments

Results of Operations.

Three Months Ended September 30, 2011 compared to the Three Months Ended September 30, 2010.

Revenue

Total revenue was $366,800 for the three months ended September 30, 2011compared to $388,749 during the three months ended September 30, 2010, a decrease of $21,949, or 5.6%. The decrease in revenue resulted from two principal reasons: first timing, a number of the contracts the company received were not completed until the 4th quarter of 2011 and secondly contract approval delays, due to various prospective client budget concerns and/or economic constraints various prospective clients approval times have been protracted as both public and private sectors are scrutinizing and protracting the approval process as a result of the Nation’s economic circumstances. As the Company continues to be awarded contracts and the ADA laws are absolute the Company views the above referenced circumstances as short term in nature and not reflective of a permanent change in the business environment.

Cost of Revenue

Cost of revenue for the three months ended September 30, 2011 decreased by $28,963, or 16%, to $151,063 for the three months ended September 30, 2011 from $180,026 for the three months ended September 30, 2010. The components of cost of revenue are compensation costs of inspection staff and travel expense.The majority of the decrease in cost of revenue came from equipment and supplies consumedwhich decreased by approximately $26,000 from 2010.

Selling Expenses

Selling expenses for the three months ended September 30, 2011 increased by $3,681 to $28,849 for the three months ended September 30, 2011 from $25,168 for the three months ended September 30, 2010. The primary increase in selling expenses consisted of increased costs related tomarketing and promotion in 2011.

General and Administrative Expenses

Total general and administrative expenses for the three months ended September 30, 2011 increased by $19,329 or 11%, to $210,446 for the three months ended September 30, 2011 from $191,117for the three months ended September 30, 2010. The primary components of our general and administrative expenses are compensation costs not associated with cost of revenues or the sales process, and include insurance, rent and depreciation amongst other expense items. The increase in general and administrative expenses resulted primarily from an increase in equipment expenses of approximately $15,000 and repair and maintenance expenses within the quarter of approximately $4,000 along with various increases and decreases in the components of this category.

We do not expect general and administrative expenses to increase substantially in the coming 12 months. We intend to focus on operating efficiencies, increasing revenues, and attaining profitability during this period. As our core support infrastructure is now in place we expect that due to increases in revenue, we will enjoy significant high margin profitability, particularly as our staff expansions will be in revenue generation and not support staff (for example should the Company need to significantly expand the inspection staff, there will not be a need to expand administrative support nor management for that staffing, accordingly higher margins will be obtained).

Interest Expense and Loss on Extinguishment of Debt (Other income/expense)

Other income/expense for the three months ended September 30, 2011 was a net expense of $11,866 as compared to $13,505 for the three months ended September 30, 2010. The decrease of $1,639 is related to a decrease in interest expense of $1,639, resulting from a decrease in a note payable to an officer.

Nine Months Ended September 30, 2011 compared to the Nine Months Ended September 30, 2010.

Revenue

Total revenue was $854,142 for the nine months ended September 30, 2011 compared to $1,292,140 during the nine months ended September 30, 2010, a decrease of $437,998, or 34%. The decrease in revenue resulted from three principal reasons: first the company, in an effort to capitalize on growing demand for software to support inspections related to the Fair Housing Act, devoted material executive and staff time to develop and test the internally developed software, which had a short term consequence of decreasing first quarter revenue activity. Secondly, the first quarter of the prior year enjoyed the revenue timing from the conclusion of a certain large project that directly contributed approximately $160,000 in the first quarter of the 2010 period. It is the Company's belief that the first quarter revenue interruption from the Fair Housing software development will be more than offset by future commercial activity derived from the new software. Thirdly contract approval delays, due to various prospective client budget concerns and/or economic constraints various prospective clients approval times have been protracted as both public and private sectors are scrutinizing and protracting the approval process as a result of the Nation’s economic circumstances. As the Company continues to be awarded contracts and the ADA laws are absolute the Company views the above referenced circumstances as short term in nature and not reflective of a permanent change in the business environment.

Cost of Revenue

Cost of revenue for the nine months ended September 30, 2011 decreased by $117,790, or 23%, to $400,010 for the nine months ended September 30, 2011 from $517,800 for the nine months ended September 30, 2010. The components of cost of revenue are compensation costs of inspection staff and travel expense. Compensation costs of inspection staff decreased by approximately $70,000 and travel expense decreased by approximately $22,000 from 2010 as a result of reduced travel and associated expenses related to reduced inspection activity in the first quarter of 2011 and the result of the capitalization of compensation related to the development of software designed for Fair Housing inspections. Equipment and supplies consumed decreased by approximately $26,000 from 2010 to 2011.

Selling Expenses

Selling expenses for the nine months ended September 30, 2011 increased by $1,177 to $81,225 for the nine months ended September 30, 2011 from $80,048 for the nine months ended September 30, 2010. The primary increase in selling expenses consisted of increased costs related to new marketing and promotional activity in 2011.

General and Administrative Expenses

Total general and administrative expenses for the nine months ended September 30, 2011 decreased by $18,529 or 3%, to $559,703 for the nine months ended September 30, 2011 from $578,232 for the nine months ended September 30, 2010. The primary components of our general and administrative expenses are compensation costs not associated with cost of revenues or the sales process, and include insurance, rent and depreciation. The decrease in general and administrative expenses resulted primarily from various increases and decreases in these components.

Interest Expense and Loss on Extinguishment of Debt (Other income/expense)

Other income/expense for the nine months ended September 30, 2011 was a net expense of $35,972 as compared to $81,730 for the nine months ended September 30, 2010. The decrease of $45,758 is related to the reduction of interest expense of $11,712 and a decrease in loss on extinguishment of debt of $34,046.

Liquidity and Capital Resources

As of September 30, 2011, we had working capital deficiency of $49,688. Cash used by operations was $47,775 during the nine months ended September 30, 2011. For the nine months ended September 30, 2011 a loss of $222,768 was offset by a non-cash charge of $74,748 for depreciation and amortization and decreases in accounts receivable of $81,091 and other current assets of $9,549 and an increase in deferred revenue of $10,417. Cash used by investing activities for the nine months ended September 30, 2011 was $66,384related to cash used for software development. Net cash used by financing activities for the nine months ended September 30, 2011 was $28,500related to loans made to employees of $40,000, offset by loans received from related parties of $11,500.

The Company expects to incur substantial additional costs related to ongoing development activities. Our future cash requirements will depend on many factors, including continued progress in our sales and development program, and the cost of product commercialization. Accordingly, we may require external financing to sustain our operations if we cannot continue to achieve a positive cash flow. Success in our future operations are subject to a number of technical and business risks, including our continued ability to obtain future funding and market acceptance for our services.

Off-Balance Sheet Arrangements

We do not have any off-balance sheet arrangements.

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

We believe that we do not have any material exposure to interest or commodity risks. Our financial results are quantified in U.S. dollars and our obligations and expenditures with respect to our operations are incurred in U.S. dollars. Although we do not believe we currently have any materially significant market risks relating to our operations resulting from foreign exchange rates, if we enter into financing or other business arrangements denominated in currency other than the U.S. dollars, variations in the exchange rate may give rise to foreign exchange gains or losses that may be significant.

We do not use financial instruments for trading purposes and we are not a party to any leveraged derivatives.

Risks Relating to Our Business

Our Stock is Thinly Traded, Which May Make it More Difficult For Investors to Resell Their Shares Due to Suitability Requirements.

We have been cleared for quotation on the OTC Bulletin Board. Shares of our common stock could be thinly traded on the OTC Bulletin Board electronic trading platform, meaning that the number of persons interested in purchasing our common shares at or near bid prices at any given time may be relatively small or non-existent. This situation is attributable to a number of factors, including the fact that we are a small company which is relatively unknown to stock analysts, stock brokers, institutional investors and others in the investment community that generate or influence sales volume, and that even if we came to the attention of such persons, they tend to be risk-averse and would be reluctant to follow an unproven company such as ours or purchase or recommend the purchase of our shares until such time as we became more seasoned and viable. As a consequence, there may be periods of several days or more when trading activity in our shares is minimal or non-existent, as compared to a seasoned issuer which has a large and steady volume of trading activity that will generally support continuous sales without an adverse effect on share price. We cannot give you any assurance that a broader or more active public trading market for our common shares will develop or be sustained, or that current trading levels will be sustained. Due to these conditions, we can give you no assurance that you will be able to sell your shares at or near bid prices or at all if you need money or otherwise desire to liquidate your shares. As of the date of this report, the Depository Trust Company has a pending global lock on the trading of the Company’s common stock.

Our Common Stock May Be Affected By Limited Trading Volume and May Fluctuate Significantly.

There has been a limited public market for our common stock and there can be no assurance that an active trading market for our common stock will develop. As a result, this could adversely affect our shareholders' ability to sell our common stock in short time periods, or possibly at all. Our common stock has experienced, and is likely to experience in the future, significant price and volume fluctuations that could adversely affect the market price of our common stock without regard to our operating performance. In addition, we believe that factors such as quarterly fluctuations in our financial results and changes in the overall economy or the condition of the financial markets could cause the price of our common stock to fluctuate substantially.

Obtaining Additional Capital Through the Sale of Common Stock Will Result in Dilution ofShareholder Interests.

We may raise additional funds in the future by issuing additional shares of common stock or other securities, which may include securities such as convertible debentures, warrants or preferred stock that are convertible into common stock. Any such sale of common stock or other securities will lead to further dilution of the equity ownership of existing holders of our common stock.

We Are Unlikely to Pay Dividends on Our Common Stock in the Foreseeable Future, Therefore You May Not Derive Any Income Solely From Ownership of Our Stock.

We have never declared or paid dividends on our stock. We currently intend to retain all available funds and any future earnings for use in the operation and expansion of our business. We do not anticipate paying any cash dividends in the foreseeable future, and it is unlikely that investors will derive any current income from ownership of our stock. This means that your potential for economic gain from ownership of our stock depends on appreciation of our stock price and will only be realized by a sale of the stock at a price higher than your purchase price.

Our Common Stock is Subject to the “Penny Stock” Rules of the SEC and the Trading Market in Our Securities is Limited, Which Makes Transactions in Our Stock Cumbersome and May Reduce the Value of an Investment in Our Stock.

The SEC has adopted Rule 15g-9 which establishes the definition of a “penny stock,” for the purposes relevant to us, as any equity security that has a market price of less than $5.00 per share or with an exercise price of less than $5.00 per share, subject to certain exceptions. Inasmuch as that the current bid and ask price of common stock is less than $5.00 per share, our shares are classified as “penny stock” under the rules of the SEC. For any transaction involving a penny stock, unless exempt, the rules require:

That a broker or dealer approve a person’s account for transactions in penny stocks; and

The broker or dealer receives from the investor a written agreement to the transaction, setting forth the identity and quantity of the penny stock to be purchased.

In order to approve a person’s account for transactions in penny stocks, the broker or dealer must:

Obtain financial information and investment experience objectives of the person; and

Make a reasonable determination that the transactions in penny stocks are suitable for that person and the person has sufficient knowledge and experience in financial matters to be capable of evaluating the risks of transactions in penny stocks.

The broker or dealer must also deliver, prior to any transaction in a penny stock, a disclosure schedule prescribed by the Commission relating to the penny stock market, which, in highlight form:

Sets forth the basis on which the broker or dealer made the suitability determination; and

That the broker or dealer received a signed, written agreement from the investor prior to the transaction.

Generally, brokers may be less willing to execute transactions in securities subject to the “penny stock” rules. This may make it more difficult for investors to dispose of our common stock and cause a decline in the market value of our stock.

Disclosure also has to be made about the risks of investing in penny stocks in both public offerings and in secondary trading and about the commissions payable to both the broker-dealer and the registered representative, current quotations for the securities and the rights and remedies available to an investor in cases of fraud in penny stock transactions. Finally, monthly statements have to be sent disclosing recent price information for the penny stock held in the account and information on the limited market in penny stocks.

Investors in penny stock should be prepared for the possibility that they may lose their entire investment.

We are not likely to succeed unless we can overcome the many obstacles we face.

As an investor, you should be aware of the difficulties, delays and expenses we encounter, many of which are beyond our control, including unanticipated market trends, employment costs, and administrative expenses. We cannot assure our investors that our proposed business plans as described in this report will materialize or prove successful, or that we will ever be able to finalize development of our products or services or operate profitably. If we cannot operate profitably, you could lose your entire investment. As a result of the nature of our business, initially we expect to sustain substantial operating expenses without generating significant revenues.

Our acquisition strategy involves a number of risks.

We intend to pursue growth through the opportunistic acquisition of companies or assets that will enable us to expand our service lines to provide more cost-effective customer solutions. We routinely review potential acquisitions. This strategy involves certain risks, including difficulties in the integration of operations and systems, the diversion of our management’s attention from other business concerns, and the potential loss of key employees of acquired companies. We may not be able to successfully acquire, and/or integrate acquired businesses into our operations.

Our directors have the right to authorize the issuance of preferred stock and additional shares of our common stock.

Our directors, within the limitations and restrictions contained in our articles of incorporation and without further action by our stockholders, have the authority to issue shares of preferred stock from time to time in one or more series and to fix the number of shares and the relative rights, conversion rights, voting rights, and terms of redemption, liquidation preferences and any other preferences, special rights and qualifications of any such series. Any issuance of preferred stock could adversely affect the rights of holders of our common stock.

Should we issue additional shares of our common stock at a later time, each investor’s ownership interest in Disability Access Corporationwould be proportionally reduced. No investor will have any preemptive right to acquire additional shares of our common stock, or any of our other securities.

Item 4. Controls and Procedures.

Evaluation of Disclosure Controls and Procedures

We maintain disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) that are designed to be effective in providing reasonable assurance that information required to be disclosed in our reports under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the Securities and Exchange Commission (the “SEC”), and that such information is accumulated and communicated to our management to allow timely decisions regarding required disclosure.

In designing and evaluating disclosure controls and procedures, management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable, not absolute assurance of achieving the desired objectives. Also, the design of a control system must reflect the fact that there are resource constraints and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, have been detected. These inherent limitations include the realities that judgments in decision-making can be faulty and that breakdowns can occur because of simple error or mistake. The design of any system of controls is based, in part, upon certain assumptions about the likelihood of future events and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions.As of the end of the period covered by this report, we carried out an evaluation, under the supervision and with the participation of management, including our chief executive officer and principal financial officer, of the effectiveness of the design and operation of our disclosure controls and procedures. Based upon that evaluation, management concluded that our disclosure controls and procedures are effective as of June 30, 2011 to cause the information required to be disclosed by us in reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods prescribed by SEC, and that such information is accumulated and communicated to management, including our chief executive officer and principal financial officer, as appropriate, to allow timely decisions regarding required disclosure.

Changes in internal controls

Our management, with the participation our Chief Executive Officer and Chief Financial Officer, performed an evaluation to determine whether any change in our internal controls over financial reporting occurred during the nine-month period ended September 30, 2011. Based on that evaluation, our Chief Executive Officer and our Chief Financial Officer concluded that no change occurred in the Company's internal controls over financial reporting during the months ended September 30, 2011 that has materially affected, or is reasonably likely to materially affect, the Company's internal controls over financial reporting.

PART II - OTHER INFORMATION

Item 1.

Legal Proceedings.

None.

Item 1A. Risk Factors

Not applicable.

Item 2.

Unregistered Sales of Equity Securities and Use of Proceeds.

None.

Item 3.

Defaults UponSenior Securities

None.

Item 4.

[Removed and Reserved]

Item 5.

Other Information.

None.

Item 6.

Exhibits.


			Incorporated by reference
Exhibit	Exhibit Description	Filed herewith	Form	Period ending	Exhibit	Filing date
3.1	Disability Access Corporation Articles		10/A#6		3.1	3/25/2010
3.2	Disability Access Corporation Amendment of Articles		10/A #6		3.2	3/25/2010
3.3	Disability Access Corporation By-Laws		10A#6		3.3	3/25/2010
4.1	Specimen Stock Certificate		10		4.1	12/24/2008
10.1	Services Agreement dated April 7, 2009 between Disability Access Consultants, Inc. and Tuolumne JPA and member Districts (JPA)		10-Q		10.1	9/28/2009
10.2	Services Agreement dated July 30, 2009 between Disability Access Consultants, Inc. and Sacramento City Unified School District		10-Q		10.2	9/28/2009
10.3	Agreement for ADA Consulting Services		10/A#5		10.3	12/23/2009
10.4	Exchange and Settlement Agreement dated February 23, 2010 between PTS, Inc. and Peter Chin.		8-K		10.4	3/12/2010
99.2	The 2002 County Business Patterns and 2002 Economic Census		10/A#4		99.2	11/10/2009
99.3	The 2008 County Business Patterns and 2007 Economic Census		10-K		99.3	3/22/2011
31.1	Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002	X
31.2	Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002	X
32.1	Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002	X
32.2	Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002	X
101.INS*	XBRL Instance Document	X
101.SCH*	XBRL Taxonomy Extension Schema Document	X
101.CAL*	XBRL Taxonomy Extension Calculation Linkbase Document	X
101.LAB*	XBRL Taxonomy Extension Label Linkbase Document	X
101.PRE*	XBRL Taxonomy Extension Presentation Linkbase Document	X
101.DEF*	XBRL Taxonomy Extension Definition Linkbase Definition	X

* Pursuant to Rule 406T of Regulation S-T, these interactive files are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933 or Section 18 of the Securities Act of 1934 and otherwise are not subject to liability.

SIGNATURES

In accordance with the requirements of the Exchange Act, the Registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dated: March 16, 2012


	Disability Access Corporation
	By: /s/ Peter Chin Peter Chin, Chief Executive Officer, Chief Financial Officer (Principal Accounting, Executive and Financial Officer) and Chairman of the Board of Directors

Disability Access Corp 10-Q/A