Techlabs, Inc. has amended its business model to acquire  businesses both in the Caribbean and the U.S. in various industries. The Company intends to develop these entities with an eye to dividend these companies to its shareholders.

Initially, the Company has focused on properties in the Micro-Resort market in the Caribbean. The Company has entered into several agreements regarding Micro-Resorts on Margarita Island and anticipates producing revenue streams from that endeavor during the second quarter 2008.

The Company is currently expanding its focus to include the Dominican Republic for real estate properties. The Company is internally developing a cigar brand under the Sirenas brand name.

The Company also intends to utilize the skill sets of its consultants to advise emerging companies both private and public with regards to capital formation. The Company intends to advise these companies as to their approach to the public markets and assist them in capital raising, market listings and investor relations. Its first client is The BigHub.com, Inc. which is a public company currently not trading in the public markets.