Exhibit 99.2

UNITED STATES BANKRUPTCY COURT
DISTRICT OF MASSACHUSETTS

In re		LocatePlus Holdings		Case No. Reporting Period		11—15791 7/1 — 7/31

MONTHLY OPERATING REPORT
Complete and submit to the United States Trustee within 15 days after end of month

Submit copy of report to any official committee appointed in the case

REQUIRED DOCUMENTS

Form No.

Document Attached

Explanation Attached

Monthly Reporting Questionnaire

MOR-1

YES

Schedule of Cash Receipts and Disbursements

MOR-2

YES

Copies of Debtor’s Bank Reconciliations

YES

Copies of Debtor’s Bank Statements

YES

Copies of Cash Disbursements Journals

YES

Statement of Operations

MOR-3

YES

Balance Sheet

MOR-4

YES

Schedule of Post-Petition Liabilities

MOR-5

YES

Copies of IRS Form 6123 or payment receipt

Copies of tax returns filed during reporting period

Detailed listing of aged accounts payables

YES

Accounts Receivable Reconciliation and Aging

MOR-6

YES

I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and all attachments are true and correct to the best of my knowledge and belief.

/s/ Brian McHugh   Signature of Debtor		9/20/11   Date
Signature of Joint Debtor		Date
/s/ Brian McHugh   Signature of Authorized Individual*		9/20/11   Date
Brian McHugh   Printed Name of Authorized Individual		CFO   Title of Authorized Individual

COVER PAGE
9/04

LocatePlus Holdings Debtor		Case No. Reporting Period		11—15791 7/1 — 7/31

MONTHLY REPORTING QUESTIONNAIRE

Must be completed each month		Yes				No
1. Have any assets been sold or transferred outside the normal course of business this reporting period? If yes, provide an explanation below.							X
2. Have any funds been disbursed from any account other than a debtor-in-possession account this reporting period? If yes, provide an explanation below.							X
3. Have any payments been made on pre-petition debt, other than payments in the normal course to secured creditors or lessors? If yes, attach listing including date of payment, amount of payment, and name of payee.							X
4. Have any payments been made to professionals? If yes, attach listing including date of payment, amount of payment, and name of payee.							X
5. If the answer to question 3 and/or 4 is yes, were all such payments approved by the Court?
6. Have any payments been made to officers, insiders, shareholders, or relatives? If yes, attach listing including date of payment, amount and reason for payment, and name of payee.							X
7. Have all postpetition tax returns been timely filed? If no, provide an explanation below.			X
8. Is the estate current on the payment of post-petition taxes?			X
9. Is the estate insured for the replacement cost of assets and for general liability? If no, provide an explanation below.			X
10. Is workers’ compensation insurance in effect?			X
11. Have all current insurance payments been made? Attach copies of all new and renewed insurance policies.			X
12. Are a plan and disclosure statement on file?							X
13. Was there any post-petition borrowing during this reporting period?							X

MOR-1
9/04

LocatePlus Holdings Debtor		Case No. Reporting Period		11—15791 7/1 — 7/31

SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS

Amounts reported should be per the debtor’s books, not the bank statement. The beginning cash should be the ending cash from the prior month or, if this is the first report, the amount should be the balance on the date the petition was filed. Attach copies of the bank statements and the cash disbursements journal. The total disbursements listed in the disbursements journal must equal the total disbursements reported on this page.

A bank reconciliation must be attached for each account.

		BANK ACCOUNTS
		Operational				Payroll				Tax				Other				Total
CASH BEGINNING OF MONTH			30473																30473
RECEIPTS
CASH SALES																			0
ACCOUNTS RECEIVABLE																			0
LOANS AND ADVANCES																			0
SALE OF ASSETS																			0
OTHER (ATTACH LIST)																			0
TRANSFERS (FROM DIP ACCTS)			976.28																976.28
TOTAL RECEIPTS			976.28																976.28
DISBURSEMENTS
NET PAYROLL																			0
PAYROLL TAXES																			0
SALES, USE & OTHER TAXES																			0
INVENTORY PURCHASES																			0
SECURED/RENTAL/LEASES																			0
INSURANCE																			0
ADMINISTRATIVE																			0
SELLING																			0
OTHER (ATTACH LIST)			46963.88																46963.88
																			0
OWNER DRAW *																			0
TRANSFERS (TO DIP ACCTS)																			0
																			0
PROFESSIONAL FEES																			0
U.S. TRUSTEE QUARTERLY FEES																			0
COURT COSTS																			0
TOTAL DISBURSEMENTS			46963.88																46963.88
NET CASH FLOW
(RECEIPTS LESS DISBURSEMENTS)
CASH — END OF MONTH			-15514.6																-15514.6

THE FOLLOWING SECTION MUST BE COMPLETED

DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES:
TOTAL DISBURSEMENTS			46963.88
LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS
PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. from escrow accounts)			0
TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES			46963.88

MOR-2
9/04

LocatePlus Holdings Debtor		Case No. Reporting Period		11—15791 7/1 — 7/31

STATEMENT OF OPERATIONS
(Income Statement)

The Statement of Operations is to be prepared on an accrual basis. The accrual basis of accounting recognizes revenue when it is realized and expenses when they are incurred, regardless of when cash is actually received or paid.

						Cumulative
REVENUES		Month				Filing to Date
Gross Revenues							0
Less: Returns and Allowances							0
Net Revenue			0				0
COST OF GOODS SOLD							0
Beginning Inventory							0
Add: Purchases							0
Add: Cost of Labor							0
Add: Other Costs (attach schedule)							0
Less: Ending Inventory							0
Cost of Goods Sold							0
Gross Profit			0				0
OPERATING EXPENSES							0
Advertising							0
Auto and Truck Expense							0
Bad Debts							0
Contributions							0
Employee Benefits Programs			4023.85				4023.85
Insider Compensation* Board Member Fees							0
Insurance			11639.14				11639.14
Management Fees/Bonuses							0
Office Expense			11708.3				11708.3
Pension & Profit-Sharing Plans							0
Repairs and Maintenance							0
Rent and Lease Expense							0
Salaries/Commissions/Fees			73555.5				73555.5
Supplies							0
Taxes — Payroll			5519.62				5519.62
Taxes — Real Estate							0
Taxes — Other							0
Travel and Entertainment			5832.49				5832.49
Utilities							0
Other (attach schedule)							0
Total Operating Expenses Before Depreciation			112278.9				112278.9
Depreciation/Depletion/Amortization							0
Net Profit(Loss) Before Other Income & Expenses			-112278.9				-112278.9
OTHER INCOME AND EXPENSES
Other Income (attach schedule)							0
Interest Expense							0
Other Expense (attach schedule)							0
Net Profit (Loss) Before Reorganization Items							0
REORGANIZATION ITEMS
Professional Fees							0
U.S. Trustee Quarterly Fees							0
Interest Earned on Accumulated Cash from Chapter 11 (see continuation sheet)							0
Gain(Loss) from Sale of Equipment							0
Other Reorganization Expenses (attach schedule)							0
Total Reorganization Expenses							0
Income Taxes							0
Net Profit(Loss)							0

MOR-3
9/04

LocatePlus Holdings Debtor		Case No. Reporting Period		11—15791 7/1 — 7/31

STATEMENT OF OPERATIONS — continuation sheet

				Cumulative
BREAKDOWN OF “OTHER” CATEGORY		Month		Filing to Date
Other Costs
Other Operational Expenses
Other Income
Other Expenses
Other Reorganization Expenses

Reorganization Items — Interest Earned on Accumulated Cash from Chapter 11:

Interest earned on cash accumulated during the chapter 11 case, which would not have been earned but for the bankruptcy proceeding, should be reported as a reorganization item.

MOR-3
9/04

LocatePlus Holdings Debtor		Case No. Reporting Period		11—15791 7/1 — 7/31

BALANCE SHEET

The Balance Sheet is to be completed on an accrual basis only. Pre-petition liabilities must be classified separately from postpetition obligations.

		BOOK VALUE AT END OF				BOOK VALUE ON
ASSETS		CURRENT REPORTING MONTH				PETITION DATE
CURRENT ASSETS
Unrestricted Cash and Equivalents			15514.6
Restricted Cash and Cash Equivalents
Accounts Receivable (Net)
Notes Receivable
Inventories
Prepaid Expenses			57064.14
Professional Retainers
Other Current Assets- Intercompany			53944108.24
TOTAL CURRENT ASSETS			54016686.98
PROPERTY AND EQUIPMENT
Real Property and Improvements
Machinery and Equipment
Furniture, Fixtures and Office Equipment
Leasehold Improvements
Vehicles
Less Accumulated Depreciation
TOTAL PROPERTY & EQUIPMENT			0
OTHER ASSETS
Loans to Insiders
Other Assets (attach schedule)
TOTAL OTHER ASSETS			0
TOTAL ASSETS			54016686.98

		BOOK VALUE AT END OF				BOOK VALUE ON
LIABILITIES AND OWNER EQUITY		CURRENT REPORTING MONTH				PETITION DATE
LIABILITIES NOT SUBJECT TO COMPROMISE (Post-Petition)
Accounts Payable			3047.75
Taxes Payable (refer to ...)
Wages Payable
Notes Payable
Rent / Leases — Building/Equipment
Secured Debt / Adequate Protection Payments
Professional Fees
Amounts Due to Insiders — Employee accruals			136002.89
Other Postpetition Liabilities (attach schedule)
TOTAL POST-PETITION LIABILITIES			139050.64
LIABILITIES SUBJECT TO COMPROMISE (Pre-Petition)
Secured Debt
Priority Debt
Unsecured Debt
TOTAL PRE-PETITION LIABILITIES
TOTAL LIABILITIES
OWNER EQUITY
Capital Stock			571200.89
Additional Paid-In Capital			42993359.06
Partners’ Capital Account			3094435.93
Owner’s Equity Account
Retained Earnings — Pre-Petition
Retained Earnings — Postpetition
Adjustments to Owner Equity — Net Income			7218640.46
Post-Petition Contributions (Distributions) (Draws) (attach schedule)
Net Owner Equity			53877636.34
TOTAL LIABILITIES AND OWNERS’ EQUITY			54016686.98

Insider is defined in 11 U.S.C. Section 101(31)

MOR-4
9/04

LocatePlus Holdings Debtor		Case No. Reporting Period		11—15791 7/1 — 7/31

BALANCE SHEET — continuation sheet

		BOOK VALUE AT END OF				BOOK VALUE ON
ASSETS		CURRENT REPORTING MONTH				PETITION DATE
Other Current Assets
Other Assets
Intercompany — Certifion			478050.98
Intercompany — Metrigenics			1116553.68
Intercompany — ESP			651628.14
Intercompany — Dataphant			283.47
Intercompany — Worldwide Information			958839.73
Intercompany — LocatePlus Corp			50738752.24
Due To/From Total			53944108.24

		BOOK VALUE AT END OF		BOOK VALUE ON
LIABILITIES AND OWNER EQUITY		CURRENT REPORTING MONTH		PETITION DATE
Other Postpetition Liabilities
Adjustments to Owner Equity
Postpetition Contributions (Distributions) (Draws)

Restricted Cash: cash that is restricted for a specific use and not available to fund operations.

Typically, restricted cash is segregated into a separate account, such as an escrow account.

MOR-4
9/04

LocatePlus Holdings Debtor		Case No. Reporting Period		11—15791 7/1 — 7/31

STATUS OF POST-PETITION TAXES

The beginning tax liability should be the ending liability from the prior month or, if this is the first report, the amount should be zero.

Attach photocopies of IRS Form 6123 and all applicable state and local forms and/or all federal, state, and local payment receipts to verify payment of taxes. Attach photocopies of any tax returns filed during the reporting period.

Beginning

Amount

Ending

Tax

Withheld or

Amount

Date

Check No.

Tax

Liability

Accrued

Paid

Paid

or EFT

Liability

Federal

Income Tax Withholding

FICA-Employee

FICA-Employer

Unemployment

Income

Other:

Total Federal Taxes

State and Local

Income Tax Withholding

Sales

Excise

Unemployment

Real Property

Personal Property

Other:

Total State and Local

Withholding for Employee Healthcare

Premiums, Pensions & Other Benefits

Total Taxes

0

SUMMARY OF UNPAID POST-PETITION DEBTS

Attach aged listing of accounts payables

		Number of Days Past Due
		Current				0-30				31-60				61-90				Over 90				Total
Accounts Payable			3047.75																				3047.75
Wages Payable																							0
Taxes Payable																							0
Rent/Leases-Building																							0
Rent/Leases-Equipment																							0
Secured Debt/Adequate Protection Payments																							0
Professional Fees																							0
Amounts Due to Insiders*																							0
Other: Accrued Vacation																							0
Other:																							0
Total Postpetition Debts			3047.75				0																3047.75

Explain how and when the Debtor intends to pay any past-due post-petition debts.

MOR-5
9/04

LocatePlus Holdings Debtor		Case No. Reporting Period		11—15791 7/1 — 7/31

ACCOUNTS RECEIVABLE RECONCILIATION AND AGING

ACCOUNTS RECEIVABLE RECONCILIATION		Amount
Total Accounts Receivable at the beginning of the reporting period
+ Amounts billed during the period
- Amounts collected during the period
Total Accounts Receivable at the end of the reporting period

Accounts Receivable Aging		Amount
0 - 30 days old
31 - 60 days old
61 - 90 days old
91+ days old
Total Accounts Receivable
Amount considered uncollectible (Bad Debt)
Accounts Receivable (Net)

MOR-6
9/04

UNITED STATES BANKRUPTCY COURT
DISTRICT OF MASSACHUSETTS

In re LocatePlus Corp		Case No. 11-15793 Reporting Period 7/1 — 7/31

MONTHLY OPERATING REPORT
Complete and submit to the United States Trustee within 15 days after end of month

Submit copy of report to any official committee appointed in the case

				Document		Explanation
REQUIRED DOCUMENTS		Form No.		Attached		Attached
Monthly Reporting Questionnaire		MOR-1		YES
Schedule of Cash Receipts and Disbursements		MOR-2		YES
Copies of Debtor’s Bank Reconciliations				YES
Copies of Debtor’s Bank Statements				YES
Copies of Cash Disbursements Journals				YES
Statement of Operations		MOR-3		YES
Balance Sheet		MOR-4		YES
Schedule of Post-Petition Liabilities		MOR-5		YES
Copies of IRS Form 6123 or payment receipt
Copies of tax returns filed during reporting period
Detailed listing of aged accounts payables				YES
Accounts Receivable Reconciliation and Aging		MOR-6		YES

I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and all attachments are true and correct to the best of my knowledge and belief.

/s/ Brian McHugh   Signature of Debtor		9/20/11   Date
Signature of Joint Debtor		Date
/s/ Brian McHugh   Signature of Authorized Individual*		9/20/11   Date
Brian McHugh   Printed Name of Authorized Individual		CFO   Title of Authorized Individual

COVER PAGE
9/04

		Case No.		11-15793
LocatePlus Corp		Reporting
Debtor		Period		7/1 - 7/31

MONTHLY REPORTING QUESTIONNAIRE

Must be completed each month		Yes		No
1. Have any assets been sold or transferred outside the normal course of business				X
this reporting period? If yes, provide an explanation below.
2. Have any funds been disbursed from any account other than a debtor-in-possession				X
account this reporting period? If yes, provide an explanation below.
3. Have any payments been made on pre-petition debt, other than payments in the normal				X
course to secured creditors or lessors? If yes, attach listing including date of payment,
amount of payment, and name of payee.
4. Have any payments been made to professionals? If yes, attach listing including date				X
of payment, amount of payment, and name of payee.
5. If the answer to question 3 and/or 4 is yes, were all such payments approved by the Court?
6. Have any payments been made to officers, insiders, shareholders, or relatives? If yes,				X
attach listing including date of payment, amount and reason for payment, and name of payee.
7. Have all postpetition tax returns been timely filed? If no, provide an explanation below.		X
8. Is the estate current on the payment of post-petition taxes?		X
9. Is the estate insured for the replacement cost of assets and for general liability? If no, provide an explanation below.		X
10. Is workers’ compensation insurance in effect?		X
11. Have all current insurance payments been made? Attach copies of all new and renewed insurance policies.		X
12. Are a plan and disclosure statement on file?				X
13. Was there any post-petition borrowing during this reporting period?				X

MOR-1
9/04

LocatePlus Corp		Case No. 11-15793
Debtor		Reporting Period 7/1 — 7/31

SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS

Amounts reported should be per the debtor’s books, not the bank statement. The beginning cash should be the
ending cash from the prior month or, if this is the first report, the amount should be the balance on the date the petition
was filed. Attach copies of the bank statements and the cash disbursements journal. The total disbursements listed
in the disbursements journal must equal the total disbursements reported on this page.
A bank reconciliation must be attached for each account.

										BANK ACCOUNTS
		Operational				Payroll				Tax				Other				Total
CASH BEGINNING OF MONTH			71455																71455
RECEIPTS
CASH SALES																			0
ACCOUNTS RECEIVABLE			302983.78																302983.78
LOANS AND ADVANCES																			0
SALE OF ASSETS																			0
OTHER (ATTACH LIST)																			0
TRANSFERS (FROM DIP ACCTS)																			0
																			0
TOTAL RECEIPTS			302983.78																302983.78
DISBURSEMENTS
NET PAYROLL																			0
PAYROLL TAXES																			0
SALES, USE & OTHER TAXES																			0
INVENTORY PURCHASES																			0
SECURED/RENTAL/LEASES																			0
INSURANCE																			0
ADMINISTRATIVE			4577.24																4577.24
SELLING			143586.71																143586.71
OTHER (ATTACH LIST)																			0
																			0
OWNER DRAW *																			0
TRANSFERS (TO DIP ACCTS)			169574.69																169574.69
PROFESSIONAL FEES																			0
U.S. TRUSTEE QUARTERLY FEES																			0
COURT COSTS																			0
TOTAL DISBURSEMENTS			317738.64																317738.64
NET CASH FLOW
(RECEIPTS LESS DISBURSEMENTS)
CASH — END OF MONTH			56700.14																56700.14

THE FOLLOWING SECTION MUST BE COMPLETED

DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES:
TOTAL DISBURSEMENTS			317738.64
LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS
PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. from escrow accounts)			0
TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES			317738.64

MOR-2
9/04

LocatePlus Corp		Case No. 11-15793
Debtor		Reporting Period 7/1 — 7/31

STATEMENT OF OPERATIONS
(Income Statement)

The Statement of Operations is to be prepared on an accrual basis. The accrual basis of accounting recognizes revenue when it is realized and expenses when they are incurred, regardless of when cash is actually received or paid.

						Cumulative
REVENUES		Month				Filing to Date
Gross Revenues			320074.12				320074.12
Less: Returns and Allowances							0
Net Revenue			320074.12				320074.12
COST OF GOODS SOLD							0
Beginning Inventory							0
Add: Purchases							0
Add: Cost of Labor							0
Add: Other Costs (attach schedule)							0
Less: Ending Inventory							0
Cost of Goods Sold			173772.13				173772.13
Gross Profit			146301.99				146301.99
OPERATING EXPENSES							0
Advertising							0
Auto and Truck Expense							0
Bad Debts							0
Contributions							0
Employee Benefits Programs			4435.07				4435.07
Insider Compensation* Board Member Fees							0
Insurance							0
Management Fees/Bonuses							0
Office Expense			15494.01				15494.01
Pension & Profit-Sharing Plans							0
Repairs and Maintenance							0
Rent and Lease Expense			41533.84				41533.84
Salaries/Commissions/Fees			42082.34				42082.34
Supplies			467.5				467.5
Taxes — Payroll			3230.45				3230.45
Taxes — Real Estate							0
Taxes — Other							0
Travel and Entertainment			685				685
Utilities			7745.99				7745.99
Other (attach schedule)							0
Total Operating Expenses Before Depreciation			115674.2				115674.2
Depreciation/Depletion/Amortization							0
Net Profit(Loss) Before Other Income & Expenses			30627.79				30627.79
OTHER INCOME AND EXPENSES
Other Income (attach schedule)			2698.4				2698.4
Interest Expense							0
Other Expense (attach schedule)			368.4				368.4
Net Profit (Loss) Before Reorganization Items			33694.59				33694.59
REORGANIZATION ITEMS
Professional Fees							0
U.S. Trustee Quarterly Fees							0
Interest Earned on Accumulated Cash from Chapter 11 (see continuation sheet)							0
Gain(Loss) from Sale of Equipment							0
Other Reorganization Expenses (attach schedule)							0
Total Reorganization Expenses							0
Income Taxes							0
Net Profit(Loss)							0

*    “Insider” is defined in 11 U.S.C. Section 101(31).		MOR-3
		9/04

LocatePlus Corp Debtor		Case No. 11-15793 Reporting Period 7/1 — 7/31

STATEMENT OF OPERATIONS — continuation sheet

						Cumulative
BREAKDOWN OF “OTHER” CATEGORY		Month				Filing to Date
Other Costs
Other Operational Expenses
Other Income
Collection of Bad Debt			2698.4
Other Expenses
Pre petition write off of AP item			368.4
Other Reorganization Expenses

Reorganization Items — Interest Earned on Accumulated Cash from Chapter 11:

Interest earned on cash accumulated during the chapter 11 case, which would not have been earned but for the bankruptcy proceeding, should be reported as a reorganization item.

MOR-3
9/04

LocatePlus Corp		Case No.	11 — 15793
Debtor		Reporting Period	7/1 — 7/31

The Balance Sheet is to be completed on an accrual basis only. Pre-petition liabilities must be classified separately from postpetition obligations.

		BOOK VALUE AT END OF				BOOK VALUE ON
ASSETS		CURRENT REPORTING MONTH				PETITION DATE
CURRENT ASSETS
Unrestricted Cash and Equivalents			56700.14
Restricted Cash and Cash Equivalents
Accounts Receivable (Net)			324762.88
Notes Receivable
Inventories
Prepaid Expenses
Professional Retainers
Other Current Assets-Intercompany
TOTAL CURRENT ASSETS			381463.02
PROPERTY AND EQUIPMENT
Real Property and Improvements
Machinery and Equipment
Furniture, Fixtures and Office Equipment			5170914.71
Leasehold Improvements			621942.55
Vehicles
Less Accumulated Depreciation			-5792857.26
TOTAL PROPERTY & EQUIPMENT			0
OTHER ASSETS
Loans to Insiders
Other Assets (attach schedule)			50655015.52
TOTAL OTHER ASSETS			50655015.52
TOTAL ASSETS			51036478.54

		BOOK VALUE AT END OF				BOOK VALUE ON
LIABILITIES AND OWNER EQUITY		CURRENT REPORTING MONTH				PETITION DATE
LIABILITIES NOT SUBJECT TO COMPROMISE (Post-Petition)
Accounts Payable			168047.78
Taxes Payable (refer to ...)
Wages Payable
Notes Payable
Rent / Leases - Building/Equipment
Secured Debt / Adequate Protection Payments
Professional Fees
Amounts Due to Insiders - Employee accruals			32635.38
Other Postpetition Liabilities (attach schedule)
TOTAL POST-PETITION LIABILITIES			200683.16
LIABILITIES SUBJECT TO COMPROMISE (Pre-Petition)
Secured Debt
Priority Debt
Unsecured Debt
TOTAL PRE-PETITION LIABILITIES
TOTAL LIABILITIES
OWNER EQUITY
Capital Stock
Additional Paid-In Capital
Partners’ Capital Account
Owner’s Equity Account
Retained Earnings-Pre-Petition			-52135819.6
Retained Earnings-Postpetition
Adjustments to Owner Equity - Net Income			1662457.01
Post-Petition Contributions (Distributions) (Draws) (attach schedule)
Net Owner Equity			-50473362.59
TOTAL LIABILITIES AND OWNERS’ EQUITY			-50272679.43