Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12months (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 [_]

Check if disclosure of delinquent filers in response to Item 405 of Regulation S-B is not contained in this form, and no disclosure will 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-Q or any amendment to this Form 10-Q. [X]

Issuer's revenues for its most recent fiscal year totaled: None

Transitional Small Business Disclosure Format: Yes     [_]. No [X]

Number of Shares of Common Stock Outstanding $.10$.01 par value as of June 30, 2010 isMarch 31, 2011, 5,021,764

Management has decidedis responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America and for designing, implementing, and maintaining internal control relevant to the preparation and fair presentation of the financial statements.

My responsibility is to conduct the review in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants.  Those standards require me to perform procedures to obtain limited assurance that there are no material modifications that should be made to the financial statements. I believe that the company wouldresults of my procedures provide a reasonable basis for my report.

Based on my review, I are not aware of any material modifications that should be more valuable andmade to the interestaccompanying financial statements in order for them to be in conformity with accounting principles generally accepted in the United States of its shareholders would be better served byAmerica.

/s/ Eddy Chin Chartered Accountant

Licensed Public Accountant

Thornhill, Ontario

April 15, 2011

8

NOVA NATURAL RESOURCES CORPORATION

Notes to the saleConsolidated Financial Statements

March 31, 2011

Note 1 - Nature of Business

Nova Natural Resources Corporation (the "Company" or reverse merger. During June 30,“Nova”) was incorporated under the laws of the state of Colorado on April 1, 1993. As at March 31, 2010, the Company acquired a clinicTrust owned 100% of the outstanding shares of each of 1816191 Ontario Limited and Greenestone Clinic Muskoka Inc., both of which were incorporated in Ontario, Canada which has been2010 under the laws of the Province of Ontario. These consolidated for presentation of these financial statements.

The Company has elected a fiscal year end of Regulation S-X. Certain information and footnote disclosures normally included inDecember 31.

Note 2 - Significant Accounting Policies

Estimates

The preparation of financial statements preparedin conformity with generally accepted accounting principles 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.

Cash

For the Statements of Cash Flows, all highly liquid investments with maturity of three months or less are considered to be cash equivalents.  There were no cash equivalents as of March 31, 2011.

Income Taxes

The Company accounts for income taxes under ASC 740"Income Taxes" which codified SFAS 109,"Accounting for Income Taxes" and FIN 48“Accounting for Uncertainty in Income Taxes – an Interpretation of FASB Statement No.  109.” Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under ASC 740, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period the enactment occurs. A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations.

Fair Value of Financial Instruments

The Company's financial instruments as defined by FASB ASC 825-10-50 include cash, trade accounts receivable, and accounts payable and accrued expenses.  All instruments are accounted for on a historical cost basis, which, due to the short maturity of these financial instruments, approximates fair value at March 31, 2011.

FASB ASC 820 defines fair value, establishes a framework for measuring fair value in accordance with generally accepted accounting principles, generally acceptedand expands disclosures about fair value measurements. ASC 820 establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows:

Level 1. Observable inputs such as quoted prices in active markets;

Level 2. Inputs, other than the United States of Americaquoted prices in active markets, that are observable either directly or indirectly; and

Level 3. Unobservable inputs in which there is little or no market data, which requires the reporting entity to develop its own assumptions.

The Company does not have been condensedany assets or omitted pursuant to such rulesliabilities measured at fair value on a recurring basis at March 31, 2011. The Company did not have any fair value adjustments for assets and regulations. However, except as disclosed herein, there have been no material changes inliabilities measured at fair value on a nonrecurring basis during the information disclosed in the notesthree months ended March 31, 2011 or 2010.

9

NOVA NATURAL RESOURCES CORPORATION

Notes to the financial statements for the year ended DecemberConsolidated Financial Statements

March 31, 2009, included in the Company's annual report on the From 10-K filed with the Securities and Exchange Commission. The interim unaudited financial statements should be read in conjunction with those financial statements included in the Form 10-K. In the opinion of Management, all adjustments considered necessary for a fair presentation, consisting solely of normal recurring adjustments, have been made. Operating results for the three and six months ended June 30, 2010 are not necessarily indicative of the results that may be expected for the year ending December 31, 2010.

The Company'sCompany’s financial statements are prepared usingin accordance with generally accepted accounting principles generally accepted in the United States of America applicable to a going concern whichconcern.  This contemplates the realization of assets and the liquidation of liabilities in the normal course of business.  TheCurrently, the Company has not yet established an ongoinghave minimal cash and no material assets, nor does it have operations or a source of revenuesrevenue sufficient to cover its operatingoperation costs and allow it to continue as a going concern.  The abilityCompany will be dependent upon the raising of the Company to continue as a going concern is dependent on the Company obtaining adequateadditional capital to fund operating losses until it becomes profitable.  If the Company is unable to obtain adequate capital, it could be forced to cease operations.

Principals of financing and attain profitable operations. Consolidation

The accompanying consolidated financial statements do not include any adjustments that might be necessary ifthe accounts of the Company and its subsidiaries. All inter-company transactions and balances have been eliminated.

The Company’s subsidiary’s functional currency is unable to continuethe Canadian dollar (CAD), while the Company’s reporting currency is the U.S. dollar (USD).  All transactions initiated in Canadian dollars are translated into U.S. dollars in accordance with ASC 830, "Foreign Currency Translation" as follows:

i)    Monetary assets and liabilities at the rate of exchange in effect at the balance sheet date.

ii)   Equity at historical rates.

iii)  Revenue and expense items at the average rate of exchange prevailing during the period.

Adjustments arising from such translations are deferred until realization and are included as a going concern.

On March 5, 2010, the FASB issued ASU No. 2010-11 Derivatives and Hedging Topic 815“Scope Exception Related to Embedded Credit Derivatives.”This ASU clarifies the guidance to amendwithin the disclosure requirementsderivative literature that exempts certain credit related features from analysis as potential embedded derivatives requiring separate accounting. The ASU specifies that an embedded credit derivative feature related to recurringthe transfer of credit risk that is only in the form of subordination of one financial instrument to another is not subject to bifurcation from a host contract under ASC 815-15-25, Derivatives and nonrecurring fair value measurements. The guidance requires a roll forward of activities on purchases, sales, issuance,Hedging — Embedded Derivatives — Recognition. All other embedded credit derivative features should be analyzed to determine whether their economic characteristics and settlementsrisks are “clearly and closely related” to the economic characteristics and risks of the assetshost contract and liabilities measured using significant unobservable inputs (Level 3 fair value measurements).whether bifurcation is required. The guidanceASU will becomebe effective for the Company within the reporting period beginning July 1, 2011.fourth quarter of 2010. Early adoption is permitted. The adoption of this guidanceASU will not have a material impact on the Company’s consolidated financial statements.

Common Stock

The authorized common stock of the Company consists of 50,000,000 shares with par value of $0.01.  As of March 31, 2011 the Company had 5,021,764 shares of its $0.01 par value common stock issued and outstanding.

11

NOVA NATURAL RESOURCES CORPORATION

Notes to the Consolidated Financial Statements

March 31, 2011

Note 3 -Stockholders’ Equity (continued)

Net Loss Per Common Share

Net loss per common share is computed using the basic and diluted weighted average number of common shares outstanding during the period.  The weighted-average number of common shares outstanding during each period is used to compute basic loss per share.  Diluted loss per share is computed using the weighted averaged number of shares and dilutive potential common shares outstanding unless common stock equivalent shares are anti-dilutive.  Dilutive potential common shares are additional common shares that will be exercised. Basic net loss per common share is based on the weighted average number of shares of common stock outstanding during the three months ended March 31, 2011.  

Note 4 -Income Taxes

Current or deferred U.S. federal income tax provision or benefits have not been provided for any of the periods presented because the company has experienced operating losses since inception. Under ACS 740“Income Taxes,” when it is more likely than not that a tax asset cannot be realized through future income the Company must allow for this future tax benefit.  The company has provided a full valuation allowance on the net deferred tax asset, consisting of net operating loss carry forwards, because management has determined that it is more likely than not that they will not earn income sufficient to realize the deferred tax assets during the carry forward period.

The Company has evaluated subsequent eventsnot taken a tax position that, if challenged, would have a material effect on the financial statements for the three month period ended March 31, 2011 or 2010, applicable under ACS 740.  As a result of the adoption of ACS 740, the company did not recognize any adjustment to the liability for uncertain tax position and therefore did not record any adjustment to the beginning balance of accumulated deficit on the balance sheet.

The component of the Company’s deferred tax asset as of March 31, 2011 and December 31, 2010 is as follows:

A reconciliation of income taxes computed at the 35% statutory rate to the income tax recorded is as follows:

The Company did not pay any income taxes during the three months ended March 31, 2011 or 2010.

The net federal operating loss carry forward will expire in 2023.  This carry forward may be limited upon the consummation of a business combination under IRC Section 381.

Note 5 -Related Party Transactions

The Company neither owns nor leases any real or personal property from a related party.  

During the year, an officer or resident agent of the corporation provided office administration services without charging the company.  Such costs are immaterial to the financial statements and accordingly, have not been reflected therein.  

The officers and directors for the Company are involved in other business activities and opportunities that, in the future, may result in potential conflicts of interest between the Company and their other business interest.  The Company has not formulated a policy for the resolution of such conflicts.  

12

NOVA NATURAL RESOURCES CORPORATION

Notes to the Consolidated Financial Statements

March 31, 2011

Note 5 -Related Party Transactions (continued)

The Company has repaid advances from related parties totaling $103,202 during the period to fund operations. The net advances have been converted to notes that are non-interest bearing, due on demand and as such are included in current liabilities. Imputed interest has been considered, but is immaterial to the financial statements as a whole. These notes are convertible to common stock at the option of the holder at rates of $0.01 or $0.02 per share.

Note 6 -Warrants and Options

There were 1,533 stock options previously outstanding that were rescinded during the year ended December 31, 2010.

Note 7 – Convertible Debentures

The Series A convertible debentures were issued on December 1, 2010 for cash consideration. These debentures bear no interest and are convertible into common shares of Nova at the rate of $0.10 per share between June 1, 2011 and their maturity date of December 1, 2012. All convertible debentures still outstanding as at their date of maturity will automatically be converted into common stock at the rate of $0.10 per share.

On March 1, 2011 the Trust issued $48,000 of Series B convertible debentures in satisfaction of liabilities related to services provide to Nova. These debentures bear no interest and are convertible into common shares of Nova at the rate of $0.10 per share between six months after their date of issuance and their maturity date of two years from their date of issuance. All convertible debentures still outstanding as at their date of maturity will automatically be converted into common stock at the rate of $0.10 per share.

On March 30 and 31, 2011 the Trust issued $400,000 of Series C convertible debentures for cash consideration. These debentures bear no interest and are convertible into common shares of Nova at the rate of $0.15 per share between September 30, 2011 and their maturity date of March 31, 2013. All convertible debentures still outstanding as at their date of maturity will automatically be converted into common stock at the rate of $0.15 per share

Note 8 – Commitments and Contingencies

The Company has entered into an operating sub-lease for office space that expires in July 31, 2013. The rental payments are approximately $247,000 in 2011, $269,000 in 2012 and $169,000 in 2013. Total rental payments through the datelife of this filingthe lease are approximately $763,000.

The Company entered into an agreement to lease premises in Bala, Ontario at market terms and determined thereconditions with a company controlled by a director of the Company for the operation of Nova’s second medical facility.

13

NOVA NATURAL RESOURCES CORPORATION

Notes to the Consolidated Financial Statements

March 31, 2011

Note 9 – Convertible Debt

During the year ended December 31, 2010, the Company issued a total of $245,500 USD and $420,559 CAD of convertible notes. During the three months ended March 31, 2011 the Company issued a total of $65,000 USD and $335,000 CDN of convertible notes. The notes are no eventsconvertible at the option of the holder up to disclose.the mandatory conversion date. The Company has adequate common shares in its treasury to cover the conversions if all notes are exercised. There are the following convertible notes issued at the conversion rate indicated.