10-Q/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q/A

(Amendment #1)

[ X ] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the period ended June 30, 2011

[     ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ______________ to ________________

Commission File Number: 000-32905

AMANASU ENVIRONMENT CORPRATION

(Exact name of registrant as specified in its charter)

Nevada	98-0347883
(State of other jurisdiction of incorporation or organization)	(I.R.S. Eployer Identification No.)

445 Park Avenue Center 10th Floor New York, NY 10022

(Address of principal executive offices)

212-836-4727

(Registrant's telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

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. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting copany" in Rule 12b-2 of the Exchange Act.

Large accelerated filer		Accelerated filer
Non-accelerated filer	(Do not check if a smaller reporting company)	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

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

Indicate by check mark whether the registrant has filed all docments and reports required to be filed by sections 12, 13, or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.

Yes No

APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares outstanding of each of the issuers classes of common stock, as of the latest practiable date: 44,000,816 as of August 22, 2011.

This Form 10-Q/A is filed solely to provide XBRL data files.

ITEM 6. EXHIBITS

Furnish the Exhibits required by Item 601 of Regulation S-K (229.407 of this chapter).

101.ins	XBRL Instance
101.xsd	XBRL Schema
101.cal	XBRL Calculation
101.def	XBRL Definition
101.lab	XBRL Label
101.pre	XBRL Presentation

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused his report to be signed on its behalf by the undersigned thereunto duly authorized.

Amanasu Environment Corporation

Date: September 14, 2011

/s/ Atsushi Maki

Atsushi Maki

Chief Executive Officer

Chief Financial Officer

Chief Accounting Officer

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CONSOLIDATED BALANCE SHEETS PARENTHETICAL (USD $)	Jun. 30, 2011	Dec. 31, 2010
Common stock shares authorized	100,000,000	100,000,000
Common stock shares par value	$ 0.001	$ 0.001
Common stock shares issued	44,000,816	44,000,816
Common stock shares outstanding	44,000,816	44,000,816

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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Revenue
Expenses	(65,660)	(31,985)	(104,379)	(102,679)
Operating Loss	(65,660)	(31,985)	(104,379)	(102,679)
Interest income	122	374	333	1,890
Net Loss	(65,538)	(31,611)	(104,046)	(100,789)
Net Loss Attributable to Noncontrolling Interest	1		1
Net Loss Attributable to Amanasu Environment Corporation	(65,537)	(31,611)	(104,045)	(100,789)
Other Comprehensive Loss:
Gain (loss) on foreign currency conversion	1,879	813	95	811
Total Comprehensive Loss	$ (63,658)	$ (30,798)	$ (103,950)	$ (99,978)
Net Loss Per Share - basic and diluted
Weighted average number of shares outstanding - Basic	44,000,816	44,000,816	44,000,816	44,000,816
Weighted average number of shares outstanding - Diluted	44,000,816	44,000,816	44,000,816	44,000,816

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Document and Entity Information	3 Months Ended
	Jun. 30, 2011	Aug. 23, 2010
Document and Entity Information
Entity Registrant Name	AMANASU ENVIRONMENT CORPORATION
Document Type	10-Q
Document Period End Date	Jun. 30, 2011
Amendment Flag	false
Entity Central Index Key	0001142801
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		44,000,816
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2011
Document Fiscal Period Focus	Q2

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Going Concern Uncertainty

3 Months Ended

Jun. 30, 2011

Organization, Consolidation and Presentation of Financial Statements

Liquidity Disclosure [Policy Text Block]

3.  GOING CONCERN UNCERTAINTY

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern.  As shown in the financial statements, the Company had a material working capital deficiency and an accumulated deficit at June 30, 2011, and a record of continuing losses.  These factors raise substantial doubt about the ability of the Company to continue as a going concern.  The financial statements do not include adjustments relating to the recoverability of assets and classification of liabilities that might be necessary should the Company be unable to continue in operation.

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Basis of Presentation

3 Months Ended

Jun. 30, 2011

Accounting Policies

Basis of Presentation and Significant Accounting Policies [Text Block]

1.  BASIS OF PRESENTATION

The unaudited interim consolidated financial statements of Amanasu Environment Corporation and Subsidiaries ("the Company") as of June 30, 2011 and 2010 and for the three and six month periods ended June 30, 2011 and 2010, have been prepared in accordance with accounting principles generally accepted in the United States of America.  In the opinion of management, such information contains all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the results of such periods.  The results of operations of the six month period ended June 30, 2011 are not necessarily indicative of the results to be expected for the full fiscal year ending December 31, 2011.

Certain information and disclosures normally included in the notes to financial statements have been condensed or omitted as permitted by the rules and regulations of the Securities and Exchange Commission, although the Company believes the disclosure is adequate to make the information presented not misleading.  The accompanying unaudited financial statements should be read in conjunction with the financial statements of the Company included in the annual report on Form 10-K for the year ended December 31, 2010.

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Expenses

3 Months Ended

Jun. 30, 2011

Other Income and Expenses

Other Income and Other Expense Disclosure [Text Block]

4.  EXPENSES

Major items included in expense are presented below.

	Six Month Periods			Three Month Periods
		2011	2010	2011	2010
Consulting Fees		$32,600	$26,300	$26,300	$6,300
Travel		24,951	22,103	12,657	4,811
Rent		36,481	38,698	19,800	18,600

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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010
Net loss	$ (104,045)	$ (100,789)
Adjustments to reconcile net loss to net cash consumed by operating activities:
Depreciation	888	887
Noncontrolling interest in subsidiary loss	1
Changes in assets and liabilities:
Increase (decrease) in accrued expenses	(28,552)	7,294
Increase in accounts payable	28,756
Decrease in prepaid expenses		2,100
Net Cash Consumed By Operating Activities	(102,952)	(90,508)
Redemptions of certificates of deposit	145,000	134,000
Advanced to employee		(5,000)
Advanced to affiliates	(53,558)
Net Cash Provided By Investing Activities	91,442	129,000
Effect on Cash of Exchange Rate Changes	258	2
Net Change in Cash Balances	(11,252)	38,494
Cash balance, beginning of period	11,876	8,467
Cash balance, end of period	$ 624	$ 46,961

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Supplemental Cash Flows Information

3 Months Ended

Jun. 30, 2011

Statement of Cash Flows, Supplemental Disclosures

Cash Flow, Supplemental Disclosures [Text Block]

2.  SUPPLEMENTAL CASH FLOWS INFORMATION

There were no cash payments for interest or income taxes during either of the periods presented.  In addition, there were no non-cash investing or financing activities during these periods.

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CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2011	Dec. 31, 2010
Current Assets:
Cash	$ 624	$ 11,876
Certificates of deposit	122,000	267,000
Total current assets	122,624	278,876
Fixed Assets:
Machinery and equipment	25,859	25,859
Less, accumulated depreciation	24,223	23,335
Net fixed assets	1,636	2,524
Other Assets:
Advances to employees	5,000	5,000
Advances to affiliates	96,475	42,917
Total other assets	101,475	47,917
Total Assets	225,735	329,317
Current Liabilities:
Accounts payable	28,756
Accrued expenses	4,461	33,013
Taxes payable	19,237	19,104
Shareholder advance	2,346	2,330
Deposits	776	771
Total current liabilities	55,576	55,218
Common stock: authorized, 100,000,000 shares of .001 par value; 44,000,816 shares issued and outstanding	44,001	44,001
Additional paid in capital	4,693,652	4,693,652
Accumulated deficit	(4,571,701)	(4,467,656)
Accumulated other comprehensive income	1,638	1,543
Equity attributable to Amanasu Environment Corporation	167,590	271,540
Noncontrolling interest	2,569	2,559
Total stockholders' equity	170,159	274,099
Total Liabilities and Stockholders' Equity	$ 225,735	$ 329,317