**UNITED
      ST UNITED STATES SECURITIES AND EXCHANGE COMMISSION**


**Washington,
      D.C. 20549**


**FORM
      10-KSB**


þ
            
            ANNUAL
                REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF
                1934.


**For
      the fiscal year ended July 31, 2007**


o
            
            TRANSITION
                REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
                ACT OF
                1934.





Commission
      file number 000-52187




GARDNER
                  COURT INDUSTRIES, INC.(Name
                  of Small Business Issuer in its
                  charter)




Florida
              
              20-5489738(State
                  or other jurisdiction of
              
              (I.R.S.
                  employerincorporation
                  or formation)
              
              identification
                  number)
 
 2503
                  W. Gardner Ct.Tampa
                  FL
              
              33611(Address
                  of principal executive offices)
              
              (Zip
                  Code)





Issuer's
      telephone number: 813.335.4343





Securities
      registered under Section 12(b) of the Act: none





Securities
      registered under Section 12(g) of the Exchange Act:


Title
                  of each classCommon
                  Stock, no par
              
              1,000,000,000Preferred
                  Stock, no par
              
              20,000,000




Check
      whether the issuer is not required to file reports pursuant to Section 13
      or Section 15(d) of the Exchange Act. ྑ.





Check
      whether the issuer (1) filed all reports required to be filed by
      Section 13 or 15(d) of the Securities Exchange Act of 1934 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 o




Check
      if
      there is no disclosure of delinquent filers in response to Item 405 of
      Regulation S-B 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-KSB or any
      amendment to this Form 10-KSB o.










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





State
      issuer’s revenue for its most recent fiscal year: $0





The
      aggregate market value of the Company’s shares of voting and non-voting stock
      held by non-affiliates of the Company at July 31, 2007: 0





The
      number of shares outstanding of the issuer’s common equity as of November 15,
      2007 was 18,100,000.





Documents
      incorporated by reference:


**None**







**TABLE
      OF CONTENTS**


PART
                  I
              
              3ITEM
                  1. DESCRIPTION OF BUSINESS
              
              3ITEM
                  2. DESCRIPTION OF PROPERTY.
              
              6ITEM
                  3. LEGAL PROCEEDINGS.
              
              6ITEM
                  4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
              
              6PART
                  II
              
              6ITEM
                  5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER
                  MATTERS
              
              6ITEM
                  6. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF
                  OPERATION.
              
              8ITEM
                  7. FINANCIAL STATEMENTS
              
              11ITEM
                  8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING
                  AND
                  FINANCIAL DISCLOSURE.
              
              17ITEM
                  8A. CONTROLS AND PROCEDURES
              
              17ITEM
                  8B. OTHER INFORMATION
              
              17PART
                  III
              
              17ITEM
                  10. EXECUTIVE COMPENSATION.
              
              19ITEM
                  11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
                  MANAGEMENT.
              
              19ITEM
                  12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.
              
              21




**PART
        I**
 
 **ITEM
        1. DESCRIPTION OF BUSINESS**
 
 (a)
        Business Development
 
 GARDNER
        COURT INDUSTRIES, INC. (the "Company" or the "Registrant") was incorporated
        in
        the State of Florida on November 10, 2005. Since inception, the Company has
        been
        engaged in organizational efforts and obtaining initial financing. The Company
        was formed as a vehicle to pursue a business combination and has made no
        efforts
        to identify a possible business combination. As a result, the Company has
        not
        conducted negotiations or entered into a letter of intent concerning any
        target
        business. The business purpose of the Company is to seek the acquisition
        of, or
        merger with, an existing company directly or indirectly in China.
 
 (b)
        Business of Issuer
 
 The
        Company, based on proposed business activities, is a "blank check" company.
        The
        SEC defines those companies as "any development stage company that is issuing
        a
        penny stock, within the meaning of Section 3 (a)(51) of the Exchange Act,
        and
        that has no specific business plan or purpose, or has indicated that its
        business plan is to merge with an unidentified company or companies." Many
        states have enacted statutes, rules and regulations limiting the sale of
        securities of "blank check" companies in their respective jurisdictions.
        Management does not intend to undertake any efforts to cause a market to
        develop
        in our securities, either debt or equity, until we have successfully concluded
        a
        business combination. The Company intends to comply with the periodic reporting
        requirements of the Exchange Act for so long as we are subject to those
        requirements.
 
 3
  The
        Company was organized as a vehicle to investigate and, if such investigation
        warrants, acquire a target company or business seeking the perceived advantages
        of being a publicly held corporation. The Company's principal business objective
        for the next 12 months and beyond such time will be to achieve long-term
        growth
        potential through a combination with a business rather than immediate,
        short-term earnings. The Company will not restrict its potential candidate
        target companies to any specific business industry but intends to seek the
        acquisition of, or merger with, an existing company directly or indirectly
        in
        China, and,
        thus, may acquire any type of business directly or indirectly in
        China.
 
 The
        analysis of new business opportunities has and will be undertaken by or under
        the supervision of the officers and directors of the Registrant. The Registrant
        has considered potential acquisition transactions with several companies,
        but as
        of this date has not entered into any discussions, negotiations, or definitive
        agreement with any party. The Registrant has unrestricted flexibility in
        seeking, analyzing and participating in potential business opportunities.
        In its
        efforts to analyze potential acquisition targets, the Registrant will consider
        the following kinds of factors:
 
 (a)
        Potential
        for growth, indicated by new technology, anticipated market expansion
        or new products;
 
 (b)
        Competitive position as compared to other firms of similar size and experience
        within the industry segment as well as within the industry as a whole;
 
 (c)
        Strength
        and diversity of management, either in place or scheduled for recruitment;
 
 (d)
        Capital
        requirements and anticipated availability of required funds, to
        be
        provided by the Registrant or from operations, through the sale of additional
        securities, through joint ventures or similar arrangements or from other
        sources;
 
 (e)
        The cost
        of participation by the Registrant as compared to the perceived
        tangible and intangible values and potentials;
  (f)
        The
        extent to which the business opportunity can be advanced;
 
 (g)
        The
        accessibility of required management expertise, personnel, raw materials,
        services, professional assistance and other required items; and
 
 (h)
        Other
        relevant factors.
 
 In
        applying the foregoing criteria, no one of which will be controlling, management
        will attempt to analyze all factors and circumstances and make a determination
        based upon reasonable investigative measures and available data. Potentially
        available business opportunities may occur in many different industries,
        and at
        various stages of development, all of which will make the task of comparative
        investigation and analysis of such business opportunities extremely difficult
        and complex. Due to the Registrant's limited capital available for
        investigation, the Registrant may not discover or adequately evaluate adverse
        facts about the opportunity to be acquired.
 
 4
  FORM
        OF
        ACQUISITION
 
 The
        manner in which the Registrant participates in an opportunity will depend
        upon
        the nature of the opportunity, the respective needs and desires of the
        Registrant and the promoters of the opportunity, and the relative negotiating
        strength of the Registrant and such promoters.
 
 It
        is
        likely that the Registrant will acquire its participation in a business
        opportunity through the issuance of common stock or other securities of the
        Registrant. Although the terms of any such transaction cannot be predicted,
        it
        should be noted that in certain circumstances the criteria for determining
        whether or not an acquisition is a so-called "tax free" reorganization under
        Section 368(a)(1) of the Internal Revenue Code of 1986, as amended (the "Code"),
        depends upon whether the owners of the acquired business own 80% or more
        of the
        voting stock of the surviving entity. If a transaction were structured to
        take
        advantage of these provisions rather than other "tax free" provisions provided
        under the Code, all prior stockholders would in such circumstances retain
        20% or
        less of the total issued and outstanding shares of the surviving entity.
        Under
        other circumstances, depending upon the relative negotiating strength of
        the
        parties, prior stockholders may retain substantially less than 20% of the
        total
        issued and outstanding shares of the surviving entity. This could result
        in
        substantial additional dilution to the equity of those who were stockholders
        of
        the Registrant prior to such reorganization.
 
 The
        present stockholders of the Registrant will likely not have control of a
        majority of the voting shares of the Registrant following a reorganization
        transaction. As part of such a transaction, all or a majority of the
        Registrant's directors may resign and new directors may be appointed without
        any
        vote by stockholders.
 
 In
        the
        case of an acquisition, the transaction may be accomplished upon the sole
        determination of management without any vote or approval by stockholders.
        In the
        case of a statutory merger or consolidation directly involving the Company,
        it
        will likely be necessary to call a stockholders' meeting and obtain the approval
        of the holders of a majority of the outstanding shares. The necessity to
        obtain
        such stockholder approval may result in delay and additional expense in the
        consummation of any proposed transaction and will also give rise to certain
        appraisal rights to dissenting stockholders. Most likely, management will
        seek
        to structure any such transaction so as not to require stockholder
        approval.
 
 It
        is
        anticipated that the investigation of specific business opportunities and
        the
        negotiation, drafting and execution of relevant agreements, disclosure documents
        and other instruments will require substantial management time and attention
        and
        substantial cost for accountants, attorneys and others. If a decision is
        made
        not to participate in a specific business opportunity, the costs theretofore
        incurred in the related investigation would not be recoverable. Furthermore,
        even if an agreement is reached for the participation in a specific business
        opportunity, the failure to consummate that transaction may result in the
        loss
        to the Registrant of the related costs incurred.
 
 We
        presently have no employees apart from our management. Both of our officers
        and
        directors are engaged in outside business activities and anticipate that
        they
        will devote to our business only several hours per week until the acquisition
        of
        a successful business opportunity has been consummated. We expect no significant
        changes in the number of our employees other than such changes, if any, incident
        to a business combination.
 
 5
  (c)
        Reports to security holders.
 
 (1)
        The
        Company is not required to deliver an annual report to security holders
        and at this time does not anticipate the distribution of such a
        report.
 
 (2)
        The
        Company will file reports with the SEC. The Company will be a reporting
        company and will comply with the requirements of the Securities Exchange
        Act of 1934, as amended.
 
 (3)
        The
        public may read and copy any materials the Company files with the SEC
        at
        the SEC's Public Reference Room at 100 F Street N.E., Washington, D.C.
        20549. The public may obtain information on the operation of the Public Reference
        Room by calling the SEC at 1-800-SEC-0330. Additionally, the SEC maintains
        an Internet site that contains reports, proxy and information statements,
        and other information regarding issuers that file electronically with
        the
        SEC, which can be found at http://www.sec.gov.
 
 **ITEM** **2.
        DESCRIPTION OF PROPERTY.**
 
 The
        Company neither rents nor owns any properties. The Company currently has
        no
        policy with respect to investments or interests in real estate, real estate
        mortgages or securities of, or interests in, persons primarily engaged in
        real
        estate activities.
  **ITEM** **3.
        LEGAL PROCEEDINGS.**
 
 There
        are
        not presently any material pending legal proceedings to which the Registrant
        is
        a party or as to which any of its property is subject, and no such proceedings
        are known to the Registrant to be threatened or contemplated against
        it.
  **ITEM
        4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS**
 
 We
        did
        not conduct any meetings of stockholders during 2007 fiscal year.
  **PART
        II**
 
 **ITEM
        5.** **MARKET
        FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS**
  Market
        Information
 
 There
        is
        no established public trading market for our securities and a regular trading
        market may not develop, or if developed, may not be sustained.  A
        shareholder in all likelihood, therefore, will not be able to resell his
        or her
        securities should he or she desire to do so when eligible for public resales.
         Furthermore, it is unlikely that a lending institution will accept our
        securities as pledged collateral for loans unless a regular trading market
        develops.  We have no plans, proposals, arrangements, or understandings
        with any person with regard to the development of a trading market in any
        of our
        securities.
 
 6
  Our
        stock
        is not currently qualified for quotation on the over-the-counter bulletin
        board.
 
 Penny
        Stock Considerations
 
 Our
        shares will be "penny stocks" as that term is generally defined in the
        Securities Exchange Act of 1934 to mean equity securities with a price of
        less
        than $5.00.  Our shares thus will be subject to rules that impose sales
        practice and disclosure requirements on broker-dealers who engage in certain
        transactions involving a penny stock.
 
 Under
        the
        penny stock regulations, a broker-dealer selling a penny stock to anyone
        other
        than an established customer or accredited investor must make a special
        suitability determination regarding the purchaser and must receive the
        purchaser's written consent to the transaction prior to the sale, unless
        the
        broker-dealer is otherwise exempt.  Generally, an individual with a net
        worth in excess of $1,000,000, or annual income exceeding $100,000 individually
        or $300,000 together with his or her spouse, is considered an accredited
        investor.  In addition, under the penny stock regulations the broker-dealer
        is required to:
 
 o
              Deliver,
                  prior to any transaction involving a penny stock, a disclosure
                  schedule
                  prepared by the Securities and Exchange Commissions relating to
                  the penny
                  stock market, unless the broker-dealer or the transaction is otherwise
                  exempt;
 
 o
              Disclose
                  commissions payable to the broker-dealer and our registered
                  representatives and current bid and offer quotations for the
                  securities;
 
 o
              Send
                  monthly statements disclosing recent price information pertaining
                  to the
                  penny stock held in a customer's account, the account's value and
                  information regarding the limited market in penny stocks;
                  ando
              Make
                  a special written determination that the penny stock is a suitable
                  investment for the purchaser and receive the purchaser's written
                  agreement
                  to the transaction, prior to conducting any penny stock transaction
                  in the
                  customer's account.
 
 Because
        of these regulations, broker-dealers may encounter difficulties in their
        attempt
        to sell shares of our common stock, which may affect the ability of selling
        shareholders or other holders to sell their shares in the secondary market
        and
        have the effect of reducing the level of trading activity in the secondary
        market.  These additional sales practice and disclosure requirements could
        impede the sale of our securities, if our securities become publicly traded.
         In addition, the liquidity for our securities may be decreased, with a
        corresponding decrease in the price of our securities.  Our shares in all
        probability will be subject to such penny stock rules and our shareholders
        will,
        in all likelihood, find it difficult to sell their securities.
 
 Holders
 
 As
        of
        July 31, 2007, we had 2 shareholders of record of our common stock.
 
 7
  Dividends
 
 We
        have
        not declared any cash dividends on our common stock since our inception and
        do
        not anticipate paying such dividends in the foreseeable future.  We plan to
        retain any future earnings for use in our business.  Any decisions as to
        future payments of dividends will depend on our earnings and financial position
        and such other facts, as the Board of Directors deems relevant.
 
 Where
        You Can Find Additional Information
 
 We
        have
        filed with the Securities and Exchange Commission a registration statement
        on
        Form SB-2 statement.   The registration statement and exhibits may be
        inspected, without charge, and copies may be obtained at prescribed rates,
        at
        the SEC's Public Reference Room at 100 F Street N.E., Washington, D.C. 20549.
         The public may obtain information on the operation of the Public Reference
        Room by calling the SEC at 1-800-SEC-0330.  The registration statement and
        other information filed with the SEC are also available at the web site
        maintained by the SEC at http://www.sec.gov.
 
 **ITEM
        6. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF
        OPERATION.**
 
 *Forward-Looking
        Statements*
 
 The
        following discussion and analysis is provided to increase the understanding
        of,
        and should be read in conjunction with, the Financial Statements of the Company
        and Notes thereto included elsewhere in this Report. Historical results and
        percentage relationships among any amounts in these financial statements
        are not
        necessarily indicative of trends in operating results for any future period.
        The
        statements, which are not historical facts contained in this Report, including
        this Plan of Operations, and Notes to the Financial Statements, constitute
        "forward-looking statements" within the meaning of the Private Securities
        Litigation Reform Act of 1995. Such statements are based on currently available
        operating, financial and competitive information, and are subject to various
        risks and uncertainties. Future events and the Company's actual results may
        differ materially from the results reflected in these forward-looking
        statements. Factors that might cause such a difference include, but are not
        limited to, dependence on existing and future key strategic and strategic
        end-user customers, limited ability to establish new strategic relationships,
        ability to sustain and manage growth, variability of operating results, the
        Company's expansion and development of new service lines, marketing and other
        business development initiatives, the commencement of new engagements,
        competition in the industry, general economic conditions, dependence on key
        personnel, the ability to attract, hire and retain personnel who possess
        the
        technical skills and experience necessary to meet the service requirements
        of
        its clients, the potential liability with respect to actions taken by its
        existing and past employees, risks associated with international sales, and
        other risks described herein and in the Company's other SEC
        filings.
 
 The
        safe
        harbors of forward-looking statements provided by Section 21E of the Exchange
        Act are unavailable to issuers of penny stock. As we issued securities at
        a
        price below $5.00 per share, our shares are considered penny stock and such
        safe
        harbors set forth under the Reform Act are unavailable to us.
 
 The
        Company was organized as a vehicle to investigate and, if such investigation
        warrants, acquire a target company or business seeking the perceived advantages
        of being a publicly held corporation. Our principal business objective for
        the
        next 12 months and beyond such time will be to achieve long-term growth
        potential through a combination with a business rather than immediate,
        short-term earnings. The Company will restrict its potential candidate target
        companies to biotechnological businesses located directly or indirectly in
        China.
 
 8
  The
        Company does not currently engage in any business activities that provide
        cash
        flow. The costs of investigating and analyzing business combinations for
        the
        next 12 months and beyond such time will be paid with money in our
        treasury.
 
 During
        the
        next twelve months we anticipate incurring costs related to:
 
 (i)
        filing of
        Exchange Act reports, and
 (ii)
        costs
        relating to consummating an acquisition.
 
 We
        believe we will be able to meet these costs through use of funds in our treasury
        and additional amounts, as necessary, to be loaned to or invested in us by
        our
        stockholders, management or other investors.
  A
        SECURITIES PURCHASE AND SHAREHOLDERS AGREEMENT was entered into as of 
April 19, 2007, by and between Shaanxi Xindongxin Medicine Limited Company,
        a
        Chinese corporation in the business of Wholesale
        of Material of Chinese Traditional Medicine; Chinese Traditional Medicine;
        Preparation of Chemistry Medicine; Biologic Products ,
        and
        Gardner Court Industries, Inc.
  Gardner
        Court Industries, Inc. has agreed to subscribe one million
        shares of Shaanxi Xindongxin Medicine Limited Company, to take 100% of the
        equity interest in Shaanxi Xindongxin Medicine Limited Company for a purchase
        price of $178,089.
  Shaanxi
        Xindongxin Medicine Limited Company shall submit documents to obtain the
        Business License of Foreign Investor Enterprise (FIE) and register with
        necessary governmental departments and Gardner Court Industries, Inc. shall
        deliver to Shaanxi Xindongxin Medicine Limited Company, by wire
        transfer,  $178,089
         within fourteen (14) days whenever the Business License of FIE is
        obtained.
 
 9
  **REPORT
        OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**
 
 To
        the
        Director
 Gardner
        Court Industries, Inc.
 (A
        Development Stage Company)
 Tampa,
        Florida
 
 We
        have
        audited the accompanying balance sheet of Gardner Court Industries, Inc.
        as of
        July 31, 2007 and the related consolidated statements of operations,
        stockholders’ equity, and cash flows for the fiscal year then ended and for the
        period from November 10, 2005 (inception) through July 31, 2007. These financial
        statements are the responsibility of the Gardner Court Industries, Inc’s
        management. Our responsibility is to express an opinion on these financial
        statements based on our audit.
 
 We
        conducted our audit in accordance with the standards of the Public Company
        Accounting Oversight Board (United States). Those standards require that
        we plan
        and perform an audit to obtain reasonable assurance about whether the financial
        statements are free of material misstatement. An audit also includes examining,
        on a test basis, evidence supporting the amounts and disclosures in the
        financial statements, assessing the accounting principles used and significant
        estimates made by management, as well as evaluating the overall financial
        statement presentation. We believe that our audit provides a reasonable basis
        for our opinion.
 
 In
        our
        opinion, the financial statements referred to above present fairly, in all
        material respects, the financial position of Gardner Court Industries, Inc.
        as
        of July 31, 2007 and the results of operations and cash flows for the year
        then
        ended and for the period from November 10, 2005 (inception) through July
        31,
        2007, in conformity with accounting principles generally accepted in the
        United
        States of America.
 
 The
        accompanying financial statements have been prepared assuming that Gardner
        Court
        Industries, Inc. will continue as a going concern. As discussed in Note 2
        to the
        financial statements, Gardner Court Industries, Inc. suffered recurring losses
        from operations which raises substantial doubt about its ability to continue
        as
        a going concern. Management’s plans regarding those matters are also described
        in Note 2. The financial statements do not include any adjustments that might
        result from the outcome of this uncertainty.
 
 MALONE
        & BAILEY, PC
 www.malone-bailey.com
 Houston,
        Texas
 November
        15, 2007
 
 10
  **ITEM
        7. FINANCIAL STATEMENTS**
 
 GARDNER
        COURT INDUSTRIES, INC.
 (A
        Development Stage Company)
 BALANCE
        SHEET
 July
        31,
        2007   ASSETSCURRENT
                    ASSETS:Cash
                
                $
                4,372Total
                    Assets
                
                $
                4,372LIABILITIES
                    AND STOCKHOLDER'S EQUITYLIABILITIESAccounts
                    Payable
                
                $
                -Total
                    Liabilities
                
                
                -STOCKHOLDER'S
                    EQUITY:Preferred
                    stock, no par value, 20,000,000 shares authorized,
                    none issuedCommon
                      stock, no par value, 1,000,000,000 sharesauthorized,
                      18,100,000 shares issued and outstanding 20,088Additional
                    paid-in capital
                
                
                -(Deficit)
                    accumulated during development stage
                
                
                (15,716
                )Total
                    Stockholder's EQUITY
                
                
                4,372Total
                    Liabilities and Stockholder's Equity
                
                $
                4,372
  **See
        accompanying summary of accounting policies and notes to financial
        statements**
  11
  **Gardner
        Court Industries, Inc.**
 **(A
        Development Stage Company)**
 **Statements
        of Operations**
 
 **Year
                  Ended July 31,**
              
              **Period
                  from**
                **November10,
                  2005(inception)**
                **to
                  July 31,****2007**
              
              **2006**
              
              **2007****Revenues**
              
              $
              -
              
              $
              -
              
              $
              -**Total
                  Operating Expenses**
              
              
              15,628
              
              
              88
              
              
              15,716**Net
                  Loss**
              
              **$**
              **(**15,628
              )
              **$**
              **(**88
              )
              **$**
              **(**15,716
              )**Net
                  Loss per share - Basic and diluted**
              
              **$**
              **(0.00**
              **)**
              **$**
              **(0.00**
              **)**
              **$**
              **(0.00**
              **)****Weighted
                  Average Shares Outstanding****-
                  Basic and diluted**
              
              
              16,275,342
              
              
              100,000
  **See
        accompanying summary of accounting policies and notes to financial
        statements**
  12


**Gardner
      Court Industries, Inc.**


**(A
      Development Stage Company)**


**Statement
      of Changes in Stockholders' Deficit**





**For
      the Period from November 10, 2005 (Inception) Through July 31,
      2007**





Common
                Stock
            
            Subscription
            
            DeficitAccumulatedDuringDevelopment
            
            TotalStockholder'sShares
            
            Amount
            
            Receivable
            
            Stage
            
            EquityIssuance
                of common stock toFounder
                on November 10, 2005 at $.00088 per share
            
            
            100,000
            
            $
            88
            
            $
            (88
            )
            $
            —
            
            $
            —Net
                loss
            
            
            
            
            
            
            
            
            
            
            
            (88
            )
            
            (88
            )Balance,
                July 31, 2006
            
            
            100,000
            
            
            —
            
            
            (88
            )
            
            (88
            )
            
            (88
            )Receipt
                of subscription receivable
            
            
            —
            
            
            —
            
            
            88
            
            
            
            
            
            88Issuance
                of common stock to founder on September 6, 2006 at $.00111 per
                share
            
            
            18,000,000
            
            
            20,000
            
            
            
            
            
            
            
            
            20,000Net
                loss
            
            
            
            
            
            
            
            
            
            
            
            (15,628
            )
            
            (15,628
            )Balance
                July 31, 2007
            
            
            18,100,000
            
            $
            20,088
            
            $
            —
            
            $
            (15,716
            )
            $
            4,372




**See
      accompanying summary of accounting policies and notes to financial
      statements**


13




**Gardner
      Court Industries, Inc.**


**(A
      Development Stage Company)**


**Statements
      of Cash Flows**


**Year Ended July 31,**
              
              **For the**
                **period from**
                **November**
                **10, 2005**
                **(Inception)**
                **to July 31,****2007**
              
              **2006**
              
              **2007****Cash
                  Flows from Operating Activities:**Net
                  loss
              
              $
              **(**15,628
              )
              $
              (88
              )
              $
              **(**15,716
              )Accounts
                  payable
              
              
              (88
              )
              
              88
              
              
              -**Net
                  Cash Used in Operating Activities**
              
              
              **(**15,716
              )
              
              (0
              )
              
              **(**15,716
              )**Cash
                  Flows from Financing Activities:**Sale
                  of Common Stock
              
              
              20,000
              
              
              -
              
              
              20,000Repayment
                  of stock subscription receivable
              
              
              88
              
              
              -
              
              
              88**Net
                  Cash Provided by Financing Activities**
              
              
              20,088
              
              
              -
              
              
              20,088Net
                  Increase in Cash and Cash Equivalents
              
              
              4,372
              
              
              -
              
              
              4,372Cash
                  and Cash Equivalents at Beginning of Period
              
              
              
              
              
              **-**
              
              
              **-****Cash
                  and Cash Equivalents at End of Period**
              
              **$**
              **4,372**
              
              **$**
              **-**
              
              **$**
              **4,372**Supplemental
                  Disclosure of Cash Flow InformationCash
                  Paid for:Interest
              
              $
              -
              
              $
              -
              
              $
              -Taxes
              
              $
              -
              
              $
              -
              
              $
              -




**See
      accompanying summary of accounting policies and notes to the financial
      statements**


14


**Gardner
      Court Industries, Inc.**


**(A
      Development Stage Company)**


**NOTES
      TO FINANCIAL STATEMENTS**





NOTE
      1 -
      SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES


History
 
 Gardner
        Court Industries, Inc. a development stage company, was organized in Florida
        on
        November 10, 2005. Gardner Court is in the development stage as defined in
        Financial Accounting Standards Board Statement No. 7. The fiscal year end
        is
        July 31.
 
 Use
        of
        Estimates in the Preparation of Financial Statements
 
 The
        preparation of financial statements in conformity with generally accepted
        accounting principles requires management to make estimates and assumptions
        that
        affect the reported amounts of assets and liabilities, the disclosure of
        contingent assets and liabilities at the date of the financial statements
        and
        the reported amounts of revenues and expenses during the reporting periods. Actual
        results could differ from those estimates and assumptions.
 
 Cash
        and Cash Equivalents
 
 For
        purposes of the statements of cash flows, Gardner Court considers all highly
        liquid investments purchased with an original maturity of three months or
        less to
        be
        cash equivalents.
 
 Revenue
        Recognition
 
 Gardner
        Court recognizes revenue when persuasive evidence of an arrangement exists,
        services have been rendered, the sales price is fixed or determinable, and
        collectibility is reasonably assured.
 
 Income
        Taxes
 
 Gardner
        Court uses the liability method of accounting for income taxes pursuant to
        Statement of Financial Accounting Standards No. 109. Under this method, deferred
        income taxes are recorded to reflect the tax consequences in future years
        of
        temporary differences between the tax basis of the assets and liabilities
        and their financial amounts at year end.
 
 Basic
        and Diluted Net Loss per Share
 
 Basic
        earnings per common share is computed based upon the weighted average number
        of
        common shares outstanding during the period. Diluted earnings per share consists
        of the weighted average number of common shares outstanding plus the dilutive
        effects of options and warrants calculated using the treasury stock method.
        In
        loss periods, dilutive common equivalent shares are excluded as the effect
        would be anti-dilutive.
  15
 Recently
        Issued Accounting Pronouncements
 
 Gardner
        Court does not expect the adoption of recently issued accounting pronouncements
        to have a material effect on its results of operations, financial position,
        or cash flows.
  NOTE
        2 – GOING CONCERN
 
 As
        shown
        in the accompanying financial statements, Gardner Court incurred net losses
        of
        $88 and $15,628 in fiscal 2006 and 2007, respectively, and has an accumulated
        deficit of $15,716 as of July 31, 2007. These conditions raise substantial
        doubt
        as to Gardner Court’s ability to continue as a going concern. Management is
        trying to raise additional capital. The financial statements do not include
        any
        adjustments that might be necessary if Gardner Court is unable to continue
        as a
        going concern.
 
 NOTE
        3 -
        STOCKHOLDER'S EQUITY
 
 Upon
        formation, Gardner Court sold 100,000 shares for $88 to its founder.
 
 On
        September 10, 2006, Mrs. Jing Yu, Director, purchased 18,000,000 shares of
        common stock for $20,000.
 
 NOTE
        4 -
        RELATED PARTY TRANSACTIONS
 
 Gardner
        Court neither owns nor leases any real or personal property. Most office
        services are provided without charge by the President. Such costs are immaterial
        to the financial statements and accordingly, have not been reflected therein.
        The officers / directors are involved in other business activities and may,
        in
        the future, become involved in other business opportunities that become
        available and such persons may face a conflict in selecting between Gardner
        Court and their other business interests. Gardner Court has not formulated
        a
        policy for the resolution
        of such conflicts.
 
 NOTE
        5 -
        INCOME TAXES
 
 Gardner
        Court uses the liability method, where deferred tax assets and liabilities
        are
        determined based on the expected future tax consequences of temporary
        differences between the carrying amounts of assets and liabilities for financial
        and income tax reporting purposes. During the current period, Gardner Court
        incurred a net loss and therefore has no tax liability. The net deferred
        tax
        asset generated by the loss carry-forward has been fully reserved. The
        cumulative net operating loss carry-forward is $15,716 at July 31, 2007,
        and
        will
 expire
        in
        the year 2027.
 
 At
        July
        31, 2007, deferred tax assets consisted of the following:
 Deferred
                    tax assetsNet
                    operating losses
                
                $
                5,350Less:
                    valuation allowance
                
                
                (5,350
                )Net
                    deferred tax asset
                
                $
                0
  16
 **ITEM
        8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL
        DISCLOSURE.**
 
 There
        are
        not and have not been any disagreements between the Registrant and its
        accountants on any matter of accounting principles, practices or financial
        statement disclosure.
 
 **ITEM
        8A. CONTROLS AND PROCEDURES**
 The
          Corporation maintains controls and other procedures that are designed to
          ensure
          that information required to be disclosed by the issuer in the reports
          that it
          files or submits under the Act (15 U.S.C. 78a et seq.) is recorded, processed,
          summarized and reported, within the time periods specified in the Commission's
          rules and forms. Disclosure controls and procedures include, without limitation,
          controls and procedures designed to ensure that information required to
          be
          disclosed by an issuer in the reports that it files or submits under the
          Act is
          accumulated and communicated to the issuer's management, including its
          principal
          executive and principal financial officers, or persons performing similar
          functions, as appropriate to allow timely decisions regarding required
          disclosure. At the end of the period covered by this Annual Report, we
          carried
          out an evaluation, under the supervision and with the participation of
          our
          management, including its Chief Executive Officer, of the effectiveness
          of the
          design and operation of our disclosure controls and procedures. Based upon
          the
          foregoing, our Chief Executive Officer concluded that, as of July 31, 2007,
          our
          disclosure controls and procedures were effective to ensure that the information
          required to be disclosed in the Company's Exchange Act reports was recorded,
          processed, summarized and reported on a timely basis. There were no changes
          in
          the Corporation's internal control over financial reporting that occurred
          during
          the Corporation's most recent fiscal year that have materially affected,
          or are
          reasonably likely to materially affect, the Corporation's internal control
          over
          financial reporting.
 **ITEM
        8B. OTHER INFORMATION** ****
  None
 
 **PART
        III**
  **ITEM
        9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS AND CORPORATE
        GOVERNANCE; COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE
        ACT**
 
 (a)
        Identification of Directors and Executive Officers.
  17
 
 A.
        Identification of Directors and Executive Officers. The current officers
        and
        directors will serve for one year or until their respective successors are
        elected and qualified. They are:
  Name
                
                Age
                
                PositionJing
                    Yu
                
                40
                
                Chairman
                    and DirectorM.
                    Brandon Williams
                
                27
                
                President
                    and Director
  Ms.
        Jing
        Yu became Chairman and director on August 30, 2006. From July 1999 to June
        2003,
        she was Research Assistant, University of Oslo, Oslo, Norway, inputing English
        translation texts of classic Chinese books before Han Dynasty to the database.
        From July 2003 to present, she has been Director, Ole Fossgård Kinatolk Oslo,
        Norway, a company that offers translating and interpreting service in Norwegian,
        Chinese and English.
 
 M.
        Brandon Williams has been president and director since inception and has
        also
        been employed since July 2006 with ServiceSource, Inc., a Denver CO software
        service warranty resale firm. From September 2005 to June 2006 he was employed
        with SCORE, a Dallas Texas tutoring firm. Prior to that date, he was self
        employed after graduating from University of Colorado, Boulder in June
        2003.
 
 B.
        Significant Employees. None.
 
 C.
        Family
        Relationships. None.
  D.
        Involvement in Certain Legal Proceedings.
  No
        officer, director, or persons nominated for such positions, promoter or
        significant employee has been involved in the last five years in any of the
        following:
 
 ·
              Any
                  bankruptcy petition filed by or against any business of which such
                  person
                  was a general partner or executive officer either at the time of
                  the
                  bankruptcy or within two years prior to that
                  time;
 
 ·
              Any
                  conviction in a criminal proceeding or being subject to a pending
                  criminal
                  proceeding (excluding traffic violations and other minor
                  offenses);
 
 ·
              Being
                  subject to any order, judgment, or decree, not subsequently reversed,
                  suspended or vacated, of any court of competent jurisdiction, permanently
                  or temporarily enjoining, barring, suspending or otherwise limiting
                  his
                  involvement in any type of business, securities or banking activities;
                  and
 
 ·
              Being
                  found by a court of competent jurisdiction (in a civil action),
                  the
                  Commission or the Commodity Futures Trading Commission to have
                  violated a
                  federal or state securities or commodities law, and the judgment
                  has not
                  been reversed, suspended, or
                  vacated.
 
 18
 
 E.
        The
        Board of Directors acts as the Audit Committee and the Board has no separate
        committees. The Company has no qualified financial expert at this time because
        it has not been able to hire a qualified candidate. Further, the Company believes
        that it has inadequate financial resources at this time to hire such an expert.
        The Company intends to continue to search for a qualified individual for hire.
 
 PRIOR
        BLANK CHECK COMPANY EXPERIENCE
 
 As
        indicated below, members of the management served as officer and director
        of 4 Brandon - 1, Inc., which filed but did not have declared effective a
        registration statement under Rule 419 of the Securities Act of 1933 in 1999.
        That company has been dissolved, no longer exists and will not be
        reactivated.
 
 **Compliance
        With Section 16(a) of the Exchange Act**
 
 Section 16(a)
        of the Securities Exchange Act requires our executive officers and directors
        and
        person who own more than 10% of our common stock to file reports regarding
        ownership of and transactions in our securities with the Securities and Exchange
        Commissioner and to provide us with copies of those filings. Based solely
        on our
        review of the copies received by or a written representation from certain
        reporting persons we believe that during fiscal year ended July 31, 2007,
        we
        believe that all eligible persons are in compliance with the requirements
        of
        Section 16(a).
 
 **ITEM** **10.
        EXECUTIVE COMPENSATION.**
 
 None
        of
        the Company's officers or directors has received any cash remuneration since
        inception. Officers will not receive any remuneration upon completion of
        the
        offering until the consummation of an acquisition. No remuneration of any
        nature
        has been paid for or on account of services rendered by a director in such
        capacity. None of the officers and directors intends to devote more than
        a few
        hours a week to our affairs.
 
 It
        is
        possible that, after the Company successfully consummates a business combination
        with an unaffiliated entity, that entity may desire to employ or retain one
        or a
        number of members of our management for the purposes of providing services
        to
        the surviving entity. However, the Company has adopted a policy whereby the
        offer of any post-transaction employment to members of management will not
        be a
        consideration in our decision whether to undertake any proposed
        transaction.
 
 No
        retirement, pension, profit sharing, stock option or insurance programs or
        other
        similar programs have been adopted by the Company for the benefit of its
        employees.
 
 There
        are
        no understandings or agreements regarding compensation our management will
        receive in connection with or after a business combination that is required
        to
        be included in this registration statement.
 
 **ITEM** **11.
        SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
        MANAGEMENT.**
 
 (a)
        Security ownership of certain beneficial owners.
  19
 The
        following tables set forth the ownership of our common stock by each person
        known by us to be the beneficial owner of more than 5% of our outstanding
        common
        stock, our directors, and our executive officers and directors as a group.
         To the best of our knowledge, the persons named have sole voting and
        investment power with respect to such shares, except as otherwise noted.
         There are not any pending arrangements that may cause a change in control.
        However, it is anticipated that there will be one or more change of control,
        including adding members of management, possibly involving the private sale
        or
        redemption of our principal shareholder’s securities or our issuance of
        additional securities, at or prior to the closing of a business
        combination.
 
 The
        information presented below regarding beneficial ownership of our voting
        securities has been presented in accordance with the rules of the Securities
        and
        Exchange Commission and is not necessarily indicative of ownership for any
        other
        purpose. Under these rules, a person is deemed to be a "beneficial owner"
        of a
        security if that person has or shares the power to vote or direct the voting
        of
        the security or the power to dispose or direct the disposition of the security.
        A person is deemed to own beneficially any security as to which such person
        has
        the right to acquire sole or shared voting or investment power within 60
        days
        through the conversion or exercise of any convertible security, warrant,
        option
        or other right. More than one person may be deemed to be a beneficial owner
        of
        the same securities. The percentage of beneficial ownership by any person
        as of
        a particular date is calculated by dividing the number of shares beneficially
        owned by such person, which includes the number of shares as to which such
        person has the right to acquire voting or investment power within 60 days,
        by
        the sum of the number of shares outstanding as of such date plus the number
        of
        shares as to which such person has the right to acquire voting or investment
        power within 60 days. Consequently, the denominator used for calculating
        such
        percentage may be different for each beneficial owner. Except as otherwise
        indicated below and under applicable community property laws, we believe
        that
        the beneficial owners of our common stock listed below have sole voting and
        investment power with respect to the shares shown. The business address of
        the
        shareholder is 2503 W. Gardner Ct., Tampa FL 33611.
  20
 Name and Address ofBeneficial Owner(1)
                
                SharesBeneficiallyOwned
                
                PercentageBeneficiallyOwnedM.
                    Brandon Williams
                
                
                100,000
                
                
                *
                %Jing
                    Yu
                
                
                18,000,000
                
                
                99.9All
                    Officers and Directors as a Group (2 persons)
                
                
                18,100,000
                
                
                100
                %
 
 *less
        than 1%
 
 This
        table is based upon information derived from our stock records. Unless otherwise
        indicated in the footnotes to this table and subject to community property
        laws
        where applicable, we believe that each of the shareholders named in this
        table
        has sole or shared voting and investment power with respect to the shares
        indicated as beneficially owned. Except as set forth above, applicable
        percentages are based upon 18,100,000 shares of common stock outstanding
        as of
        July 31, 2007.
 
 **ITEM** **12.
        CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.**
 
 Except
        as
        otherwise indicated herein, there have been no related party transactions,
        or
        any other transactions or relationships required to be disclosed pursuant
        to
        Item 404 of Regulation S-B.
 
 **ITEM
        13. EXHIBITS**
 
 (a)
        List
        of documents filed as part of this Report:
 
 None
 
 (b)
        Exhibits:
 
 The
        following exhibits listed are filed as part of this Report:
 
 31.1
        Rule
        13a-14(a)/15d-14(a) Certification of Chief Executive Officer and Chief Financial
        Officer, Jing Yu
 
 32.1
        Section 1350 Certification, Jing Yu
 
 **ITEM
        14. PRINCIPAL ACCOUNTANT FEES AND SERVICES**
 
 1.
        Audit
        Fees:  Aggregate
        fees billed for each of the last two (2) fiscal years for professional services
        rendered by the principal accountant for the audit of the annual financial
        statements and review of financial statements included on Form
        10-QSB:
  21
  2007:  $2,900
 2006:  $2,900
 
 2.
        Audit-Related Fees: Aggregate fees billed in each of the last two (2) fiscal
        years for assurance and related services by the principal accountant that
        are
        reasonably related to the performance of the audit or review of the financial
        statements and are not reported previously.
 
 2007:  $0
 2006:  $0
 
 3.
        Tax
        Fees: Aggregate fees billed in each of the last two (2) fiscal years for
        professional services rendered by the principal accountant for tax compliance,
        tax advice, and tax planning.
  2007:  $0
 2006:  $0
 
 4.
        All
        Other Fees: Aggregate fees billed in each of the last two (2) fiscal years
        for
        products and services provided by the principal accountant, other than the
        services previously reported.
 
 2007:  $0
 2006:  $0
 
 5.
        Audit
        Committee Pre-Approval Procedures. The Board of Directors has not, to date,
        appointed an Audit Committee.
  **SIGNATURES**
  Pursuant
        to the requirements of Section 13 or 15(d) of the Securities Exchange Act
        of
        1934, the Registrant has duly caused this report to be signed on its behalf
        by
        the undersigned, thereunto duly authorized, in the China, on October 30,
        2007.
 CHINA
                    BIOTECHNOLOGY, INC./s/
                    Jing YuJing
                    YuChief
                    Executive Officer and Chairman of the
                    Board
  Pursuant
        to the requirements of the Securities Exchange Act of 1934, this report has
        been
        signed by the following persons on behalf of the Registrant and in the
        capacities and on the dates indicated.
  SIGNATURE
              
              TITLE
              
              DATE/s/
                  M. Brandon Williams
              
              Director
              
              11/15/07/s/
                  Jing Yu
              
              Director
              
              11/15/07
  22