**UNITED
      STATES**


**SECURITIES
      AND EXCHANGE COMMISSION**


Washington,
      DC 20549




**FORM
      10-KSB**




**ANNUAL
      REPORT**




**PURSUANT
      TO SECTION 13 OR 15(d) OF THE SECURITIES AND**


**EXCHANGE
      ACT OF 1934**




**x** **ANNUAL
      REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES AND**


**EXCHANGE
      ACT OF 1934**





For
      the
      fiscal year ended June 30, 2007





OR





**o** **TRANSITION
      REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES AND**


**EXCHANGE
      ACT OF 1934**





For
      the
      transition period from ________________ to ________________





**Commission
      File Number 333-136806**


**ASIANADA,
      INC.**


(Exact
      name of registrant as specified in its charter)




**DELAWARE**
            **98-0539032**(State
                of other jurisdiction of
                incorporation or organization)
            (IRS
                Employer Identification
                Number)




**2121
      Avenue of the Stars, Suite 2550**


**Los
      Angeles, CA 90067**


(Address
      of principal executive offices)




**(310)
      601-2500**


(Registrant's
      telephone number, including area code)




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.




The
      Registrant is a Shell company. Yes x No o




As
      of
      September 27, 2007, the Company had 8,080,000 shares of common stock
      outstanding.









Asianada,
      Inc.


ANNUAL
      REPORT ON FORM 10-KSB


FOR
      THE
      YEAR ENDED JUNE 30, 2007





**TABLE
      OF CONTENTS**





**PART
                I**ITEM
                1.
            
            DESCRIPTION
                OF BUSINESS
            
            1ITEM
                2.
            
            DESCRIPTION
              OF
              PROPERTY
            
            2ITEM
                3.
            
            LEGAL
                PROCEEDINGS
            
            2ITEM
                4.
            
            SUBMISSION
                OF MATTERS TO A VOTE OF SECURITY HOLDERS
            
            2**PART
                II**ITEM
                5.
            
            MARKET
                FOR COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND SMALL BUSINESS
                ISSUER
                PURCHASES OF EQUITY SECURITIES
            
            2ITEM
                6.
            
            MANAGEMENT’S
                DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
            
            3ITEM
                7.
            
            FINANCIAL
                STATEMENTS
            
            8ITEM
                8.
            
            CHANGES IN
              AND
              DISAGREEMENT WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL
              DISCLOSURE
            
            9ITEM
                8A.
            
            CONTROLS
                AND PROCEDURES
            
            9ITEM
                8B.
            
            OTHER
                INFORMATION
            
            9**PART
                III**ITEM
                9.
            
            DIRECTORS,
                EXECUTIVE OFFICERS, PROMOTERS, CONTROL PERSONS AND CORPORATE GOVERNANCE;
                COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT
            
            9ITEM
                10.
            
            EXECUTIVE
                COMPENSATION
            
            11ITEM
                11.
            
            SECURITY
                OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED
                STOCKHOLDER MATTERS
            
            11ITEM
                12.
            
            CERTAIN
                RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE
            
            12ITEM
                13.
            
            EXHIBITS
            
            13ITEM
                14.
            
            PRINCIPAL
                ACCOUNTANT FEES AND SERVICES
            
            13SIGNATURES
            
            15




i




**PART
      I**




**ITEM
      1. DESCRIPTION OF BUSINESS**




**History
      and Organization**




We
      were
      incorporated in the State of Nevada on February 17, 2006, as an exploration
      stage corporation. We do not own any interest in any property, but merely had
      the right to conduct exploration activities on one property.




On
      June
      15, 2007, Trinad Capital Master Fund, Ltd., an exempted Cayman Island
      Corporation, with an address at 2121 Avenue of the Stars, Suite 2550, Los
      Angeles, California 90067 (“TCMF”), entered into a Securities Purchase Agreement
      (the “Agreement”) with certain stockholders, the “stockholders” of Asianada,
      Inc. (the “Company” or “Registrant”). Pursuant to the terms of the Agreement,
      the Stockholders sold 7,595,200 shares (the “Shares”) of the Company’s common
      stock, $.001 par value per share, (“Common Stock”) representing 94% of the
      issued and outstanding Common Stock as of June 15, 2007 (the “Closing”), to
      TCMF. In consideration of the purchase of the Shares, the Purchaser paid at
      Closing the total sum of seven hundred thousand dollars ($700,000), pursuant
      to
      and in accordance with the terms of the Agreement. The source of such capital
      was the Purchaser’s working capital. The sale of the shares to TCMF, an
      accredited investor, was made pursuant to the exemptions from registration
      afforded by Sections 4(1) of the Securities Act of 1933, as
      amended.




On
        August
        17, 2007, written consents from stockholders representing a majority of our
        outstanding shares of common stock approved (1) the reincorporation (the
        “Reincorporation”) of Asianada, Inc., a Nevada corporation (“Asianada-Nevada” or
        the “Company”), in Delaware by merger with and into its wholly-owned, newly
        formed Delaware subsidiary, Asianada, Inc. (“Asianada-Delaware”), and (2) the
        adoption of the Company’s 2007 Employee, Director and Consultant Stock Plan (the
“2007 Plan”).
  The
        Reincorporation was effective on September 27, 2007 and resulted in the
        following: (a) the Company is governed by the laws of the State of Delaware
        and
        by a new Certificate of Incorporation and new Bylaws prepared in accordance
        with
        Delaware law; (b) the Company’s authorized capital stock changed from 75,000,000
        shares of authorized capital stock, all of which are common stock, par value
        $0.001 per share, to 80,000,000 shares of authorized capital stock, consisting
        of 75,000,000 shares of common stock, par value $0.001 per share, and 5,000,000
        shares of “blank check” preferred stock, par value $0.001 per share, with the
        right conferred upon the Board of Directors to set the dividend, voting,
        conversion, liquidation and other rights, as well as the qualifications,
        limitations and restrictions with respect to the preferred stock as the Board
        of
        Directors may determine from time to time; (c) the persons currently serving
        as
        officers and directors of the Company continued to serve in their respective
        capacities after the Reincorporation; and (d) Asianada-Delaware: (i) acceded
        to
        all of the rights, privileges, immunities and powers of the Company; (ii)
        acquired and will possess all of the property of the Company whether real,
        personal or mixed; and (iii) assumed all of the debts, liabilities, obligations
        and duties of the Company. Asianada-Delaware is the surviving corporation
        and
        will operate under the name “Asianada, Inc.”
  Under
        the
        2007 Plan, employees, directors and consultants of the Company (the “Eligible
        Participants”) may be issued stock awards as compensation for their services to
        the Company. The 2007 Plan authorizes and entitles the Company to issue to
        Eligible Participants awards to purchase up to 1,000,000 shares of Common
        Stock.
        The 2007 Plan became effective as of September 27, 2007, and will continue
        in
        effect until August 17, 2017.
  Our
        2007
        Plan provides that no participant may receive awards for more than 250,000
        shares of Common Stock in any fiscal year. Shares of Common Stock reserved
        for
        awards under the 2007 Plan that are forfeited or are canceled will be added
        back
        to the share reserve available for future awards. However, shares of Common
        Stock tendered in payment for an award or shares of Common Stock withheld
        for
        taxes will not be available again for grant.


The
      executive office of the Company is now located at 2121 Avenue of the Stars,
      Suite 2550, Los Angeles, California 90067. Its telephone number is (310)
      601-2500. Robert S. Ellin is the Company's President and Chief Executive
      Officer, Jay A. Wolf is the Secretary and Charles Bentz is the Company’s Chief
      Financial Officer. Robert S. Ellin, Barry I. Regenstein and Jay Wolf are the
      Company’s Directors.





**TCMF
      and Management’s Plan of Operation**





TCMF,
      a
      hedge fund dedicated to investing in micro-cap companies, is seeking to raise
      additional capital with a view to making the Company an attractive vehicle
      with
      which to acquire a business. TCMF intends to then seek a suitable acquisition
      candidate for the Company (a “Business Combination”). To date, no such Business
      Combination has been identified and the Company is therefore subject to a number
      of risks, including: any Business Combination consummated by the Company may
      turn out to be unsuccessful; the Company’s investors will not know what
      operating business, if any, will be acquired, including the particular industry
      in which the business operates, and whether financing that could have a dilutive
      effect on the Company’s present stockholders will be required in connection
      therewith; the historical operations of a specific business opportunity may
      not
      necessarily be indicative of the potential for the future; the Company may
      acquire a company in the early stage of development causing it to incur further
      risks; the Company may be dependent upon the management of an acquired business
      which has not proven its abilities or effectiveness; the Company will be
      controlled by a small number of stockholders and such control could prevent
      the
      taking of certain actions that may be beneficial to other stockholders; the
      Company’s common stock will likely be thinly traded, and the public market may
      provide little or no liquidity for holders of the Company’s common stock.





Company
      is a Blank Check Company





At
      present, the Company has no sources of revenue and has no specific business
      plan
      or purpose. The Company’s business plan is to seek a Business Combination. As a
      result, the Company is a “blank check” or “shell” company. Many states have
      enacted statutes, rules and regulations limiting the sale of securities of
      shell
      companies in their respective jurisdictions. Management does not intend to
      undertake any efforts to cause a market to develop in the Company's securities
      or undertake any offering of the Company's securities, either debt or equity,
      until such time as the Company has successfully implemented its business plan
      and closed on a suitable Business Combination.




1





The
      Company’s common stock is a “penny stock,” as defined in Rule 3a51-1 under the
      Exchange Act. The penny stock rules require a broker-dealer, prior to a
      transaction in penny stock not otherwise exempt from the rules, to deliver
      a
      standardized risk disclosure document that provides information about penny
      stocks and the nature and level of risks in the penny stock market. The
      broker-dealer also must provide the customer with current bid and offer
      quotations for the penny stock, the compensation of the broker-dealer and its
      sales person in the transaction, and monthly account statements showing the
      market value of each penny stock held in the customer's account. In addition,
      the penny stock rules require that the broker-dealer, not otherwise exempt
      from
      such rules, must make a special written determination that the penny stock
      is
      suitable for the purchaser and receive the purchaser's written agreement to
      the
      transaction. These disclosure rules have the effect of reducing the level of
      trading activity in the secondary market for a stock that becomes subject to
      the
      penny stock rules. So long as the common stock of the Registrant is subject
      to
      the penny stock rules, it may be more difficult to sell the Company’s common
      stock.


**Competition**
 
 Our
        primary goal is the acquisition of a target company or business seeking the
        perceived advantages of being a publicly held corporation. The company faces
        vast competition from other shell companies with the same objectives. The
        company is in a highly competitive market for a small number of business
        opportunities which could reduce the likelihood of consummating a successful
        business combination. A large number of established and well-financed entities,
        including small public companies and venture capital firms, are active in
        mergers and acquisitions of companies that may be desirable target candidates
        for us. Nearly all these entities have significantly greater financial
        resources, technical expertise and managerial capabilities than we do;
        consequently, we will be at a competitive disadvantage in identifying possible
        business opportunities and successfully completing a business combination.
        These
        competitive factors may reduce the likelihood of our identifying and
        consummating a successful business combination.
  **Employees**
 
 Other
        than Robert S. Ellin, our chief executive officer, Jay A. Wolf, our secretary,
        and Charles Bentz, our chief financial officer, the Company currently has
        no employees.


**ITEM
      2. DESCRIPTION OF PROPERTY**





Currently,
      we are utilizing the office space of TCMF at no cost to us until an acquisition
      is consummated or a business is established. The amount of office space
      currently utilized by us is insignificant.





**ITEM
      3. LEGAL PROCEEDINGS**




None.





**ITEM
      4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS**





None.





**PART
      II**





**ITEM
      5. MARKET FOR COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND SMALL BUSINESS
      ISSUER PURCHASES OF EQUITY SECURITIES**





**Common
      Stock**




Our
      authorized capital stock consists of 80,000,000 shares of capital stock,of
      which
      75,000,000 are shares of common stock, $0.001 par value per share, or the
      Common Stock. The holders of our Common Stock:




*
            have
                equal ratable rights to dividends from funds legally available if
                and when
                declared by our board of directors;*
            are
                entitled to share ratably in all of our assets available for distribution
                to holders of Common Stock upon liquidation, dissolution or winding
                up of
                our affairs;*
            do
                not have preemptive, subscription or conversion rights and there
                are no
                redemption or sinking fund provisions or rights; and*
            are
                entitled to one non-cumulative vote per share on all matters on which
                stockholders may vote.




All
      shares of Common Stock now outstanding are fully paid for and non-assessable
      and
      all shares of Common Stock are fully paid for and non-assessable. We refer
      you
      to our Certificate of Incorporation, Bylaws and the applicable statutes of
      the
      state of Delaware for a more complete description of the rights and liabilities
      of holders of our securities. There has been no trading activity of our Common
      Stock since our inception.  Shares of Common Stock sold at our IPO were
      sold at $0.02 per share.




**Preferred
      Stock**




Our
      Certificate of Incorporation authorizes the
      issuance of up to 5,000,000 shares of preferred stock, $0.001 par value per
      share, or the ("Preferred Stock").




**Non-cumulative
      voting**




2




Holders
      of shares of our Common Stock do not have cumulative voting rights, which means
      that the holders of more than 50% of the outstanding shares, voting for the
      election of directors, can elect all of the directors to be elected, if they
      so
      choose, and, in that event, the holders of the remaining shares will not be
      able
      to elect any of our directors.




**Cash
      dividends**




Since
      our
      inception, we have not declared or paid any cash dividends to stockholders.
      The
      declaration of any future cash dividend will be at the discretion of our board
      of directors and will depend upon our earnings, if any, our capital requirements
      and financial position, our general economic conditions, and other pertinent
      conditions. It is our present intention not to pay any cash dividends in the
      foreseeable future, but rather to reinvest earnings, if any, in our business
      operations.




**Holders**




As
      of September 27, 2007, there were 5 holders
      of record of our common stock.




**Stock
      Transfer Agent**




The
      stock
      transfer agent for our securities is Island Stock Transfer, 100 Second Avenue
      South, Suite 300N, St. Petersburg, FL, 33701.




**ITEM
      6. MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF
      OPERATION**





In
      this
      section, references to "we," "us," "our," and "ours" refer to Asianada, Inc.





The
      following discussion should be read in conjunction with, and is qualified in
      its
      entirety by, the Financial Statements and the Notes thereto included in this
      report. This discussion contains certain forward-looking statements that involve
      substantial risks and uncertainties. When used in this report, the words
      "anticipate," "believe," "estimate," "expect” and similar expressions as they
      relate to our management or us are intended to identify such forward-looking
      statements. Our actual results, performance or achievements could differ
      materially from those expressed in, or implied by, these forward-looking
      statements. Historical operating results are not necessarily indicative of
      the
      trends in operating results for any future period.





**MANAGEMENT’S
      PLAN OF OPERATION**




At
      present, the Company has no sources of revenue and has no specific business
      plan
      or purpose. The Company’s business plan is to seek a Business Combination. As a
      result, the Company is a “blank check” or “shell” company. Many states have
      enacted statutes, rules and regulations limiting the sale of securities of
      shell
      companies in their respective jurisdictions. Management does not intend to
      undertake any efforts to cause a market to develop in the Company's securities
      until such time as the Company has successfully implemented its business plan
      and closed on a suitable Business Combination.





The
      Company’s common stock is a “penny stock,” as defined in Rule 3a51-1 under the
      Exchange Act. The penny stock rules require a broker-dealer, prior to a
      transaction in penny stock not otherwise exempt from the rules, to deliver
      a
      standardized risk disclosure document that provides information about penny
      stocks and the nature and level of risks in the penny stock market. The
      broker-dealer also must provide the customer with current bid and offer
      quotations for the penny stock, the compensation of the broker-dealer and its
      sales person in the transaction, and monthly account statements showing the
      market value of each penny stock held in the customer's account. In addition,
      the penny stock rules require that the broker-dealer, not otherwise exempt
      from
      such rules, must make a special written determination that the penny stock
      is
      suitable for the purchaser and receive the purchaser's written agreement to
      the
      transaction. These disclosure rules have the effect of reducing the level of
      trading activity in the secondary market for a stock that becomes subject to
      the
      penny stock rules. So long as the common stock of the Company is subject to
      the
      penny stock rules, it may be more difficult to sell the Company’s common
      stock.




3





We
      may
      enter into a definitive agreement with a wide variety of private businesses
      without limitation as to their industry or revenues. It is not possible at
      this
      time to predict when, if ever, we will enter into a business combination with
      any such private company or the industry or the operating history, revenues,
      future prospects or other characteristics of any such company. TCMF intends
      to raise capital to make us a more attractive acquisition vehicle and then
      seek
      a suitable merger candidate. TCMF has not identified anyone for acquisition
      at
      this time.




**LOAN
      PAYABLE**




On
      July
      11, 2007, the Company executed a loan agreement with Trinad Capital Master
      Fund,
      Ltd. (“TCMF”) whereby TCMF agreed to loan the Company up to a principal amount
      of $100,000 (the “Loan”), at any time and from time to time, prior to the
      Registrant’s consummation of a Next Financing (as defined below). TCMF shall
      make advances to the Registrant in such amounts as the registrant shall request
      from time to time. The Loan bears interest at the rate of 10% per annum. The
      entire outstanding principal amount of the Loan and any accrued interest thereon
      shall be due and payable by the Registrant upon, and not prior to, the
      consummation of a sale of securities (other than a sale of shares of the
      Registrant’s common stock, $0.001 par value per share, to officers, directors or
      employees of, or consultants to, the registrant in connection with their
      provision of services to the registrant), to a third party or parties with
      proceeds to the registrant of not less than $200,000 (a “Next Financing”). The
      business purpose of the Loan is to provide working capital to the
      Company.





**MANAGEMENT
      AGREEMENT**





On
      July
      11, 2007, the Company entered into a Management Agreement (the “Management
      Agreement”) with Trinad Management, LLC (“Trinad”), an affiliate of TCMF.
      Pursuant to the terms of the Management Agreement, which is for a term of 5
      years, Trinad will provide certain management services, including, without
      limitation the sourcing, structuring and negotiation of a potential business
      combination transaction involving the Registrant. The Registrant has agreed
      to
      pay Trinad a management fee of $90,000 per quarter, plus reimbursement of all
      expenses reasonably incurred by Trinad in connection with the provision of
      management services. Either party may terminate with prior written notice.
      However, in the event the Registrant terminates the Management Agreement, it
      shall pay to Trinad a termination fee of $1,000,000.




**DELAWARE
        REINCORPORATION**
  On
        August
        17, 2007, written consents were obtained from stockholders representing a
        majority of our outstanding shares of common stock approving the reincorporation
        (the “Reincorporation”) of Asianada, Inc., a Nevada corporation
        (“Asianada-Nevada” or the “Company”), in Delaware by merger with and into its
        wholly-owned, newly formed Delaware subsidiary, Asianada, Inc.
        (“Asianada-Delaware”).
  The
        Reincorporation was effective on September 27, 2007 and resulted in the
        following: (a) the Company is governed by the laws of the State of Delaware
        and
        by a new Certificate of Incorporation and new Bylaws prepared in accordance
        with
        Delaware law; (b) the Company’s authorized capital stock changed from 75,000,000
        shares of authorized capital stock, all of which are common stock, par value
        $0.001 per share, to 80,000,000 shares of authorized capital stock, consisting
        of 75,000,000 shares of common stock, par value $0.001 per share, and 5,000,000
        shares of “blank check” preferred stock, par value $0.001 per share, with the
        right conferred upon the Board of Directors to set the dividend, voting,
        conversion, liquidation and other rights, as well as the qualifications,
        limitations and restrictions with respect to the preferred stock as the Board
        of
        Directors may determine from time to time; (c) the persons currently serving
        as
        officers and directors of the Company continued to serve in their respective
        capacities after the Reincorporation; and (d) Asianada-Delaware: (i) acceded
        to
        all of the rights, privileges, immunities and powers of the Company; (ii)
        acquired and possess all of the property of the Company whether real, personal
        or mixed; and (iii) assumed all of the debts, liabilities, obligations and
        duties of the Company. Asianada-Delaware is the surviving corporation and
        will
        operate under the name “Asianada, Inc.”
  **THE
        2007 PLAN**
  On
        August
        17, 2007, written consents from stockholders representing a majority of our
        outstanding shares of common stock approving the adoption of the Company’s 2007
        Employee, Director and Consultant Stock Plan (the “2007 Plan”).
  Under
        the
        2007 Plan, employees, directors and consultants of the Company (the “Eligible
        Participants”) may be issued stock awards as compensation for their services to
        the Company. The 2007 Plan authorizes and entitles the Company to issue to
        Eligible Participants awards to purchase up to 1,000,000 shares of Common
        Stock.
        The 2007 Plan became effective as of September 27, 2007, and will continue
        in
        effect until August 17, 2017.
  The
        Company’s 2007 Plan provides that no participant may receive awards for more
        than 250,000 shares of Common Stock in any fiscal year. Shares of Common
        Stock
        reserved for awards under the 2007 Plan that are forfeited or are canceled
        will
        be added back to the share reserve available for future awards. However,
        shares
        of Common Stock tendered in payment for an award or shares of Common Stock
        withheld for taxes will not be available again for grant.


**CRITICAL
      ACCOUNTING POLICIES**





Management's
      discussion and analysis of our financial condition and results of operations
      are
      based upon our financial statements included elsewhere in this Annual Report,
      which have been prepared in accordance with accounting principles generally
      accepted in the United States.





**Estimates** ****





The
      preparation of financial statements in conformity with accounting principles
      generally accepted in the United States of America requires management to make
      estimates and assumptions that affect the reported amounts of assets and
      liabilities and disclosure of contingent assets and liabilities at the dates
      of
      the financial statements and the reported amounts of revenue and expenses during
      the reporting period. Actual results could differ from those estimates.




4





**Income
      Taxes**




The
      Company provides for deferred income taxes using the liability method. Deferred
      tax assets and liabilities are recognized for the future tax consequences
      attributable to differences between the financial statement carrying amounts
      of
      existing assets and liabilities and their respective tax bases and the tax
      effect of net operating loss carry-forwards. A valuation allowance has been
      provided as it is more likely than not that the deferred assets will not be
      realized.





**QUANTITATIVE
      AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK**





We
      currently have no floating rate indebtedness, hold no derivative instruments,
      and do not earn foreign-sourced income. Accordingly, changes in interest rates
      or currency exchange rates do not generally have a direct effect on our
      financial position. Changes in interest rates may affect the amount of interest
      we earn on available cash balances as well as the amount of interest we pay
      on
      borrowings. To the extent that changes in interest rates and currency exchange
      rates affect general economic conditions, we may also be affected by such
      changes.




**RECENT
      ACCOUNTING PRONOUNCEMENTS**




The
      Financial Accounting Standards Board has issued FIN 48, Accounting for
      Uncertainty in Income Taxes, which clarifies the accounting for uncertainty
      in
      tax positions, effective for the Company starting January 1, 2008. The
      Company has not yet determined what the effect will be, if any, on their
      financial statements.





The
      Financial Accounting Standards Board has issued FASB 157, *Fair
      Value Measurements* ,
      which
      defines fair value, establishes guidelines for measuring fair value and expands
      disclosures, effective for the Company starting January 1, 2008. The
      Company has not yet determined what the effect will be, if any, on their
      financial statements.





Management
      does not believe that any other recently issued, but not yet effective
      accounting pronouncements, if adopted, would have a material effect on the
      accompanying financial statements.





**RISK
      FACTORS**




**Cautionary
      Statements Regarding Forward-Looking Statements**




Statements
      in this Annual Report on Form 10-KSB under the captions “Description of
      Business,” “Management’s Plan of Operation,” and elsewhere in this Form 10-KSB,
      as well as statements made in press releases and oral statements that may be
      made by us or any of our officers, directors or employees acting on our behalf
      that are not statements of historical fact, constitute forward-looking
      statements within the meaning of the Private Securities Litigation Reform Act
      of
      1995. Such forward-looking statements involve known and unknown risks,
      uncertainties and other factors, including those described in this Form 10-KSB
      under the caption “Risk Factors,” that could cause our actual results to be
      materially different from the historical results or from any future results
      expressed or implied by such forward-looking statements. In addition to
      statements which explicitly describe such risks and uncertainties, readers
      are
      urged to consider statements with the terms “believes,” “belief,” “expects,”
“plans,” “anticipates,” or “intends,” to be uncertain and forward-looking. All
      cautionary statements made in this Form 10-KSB should be read as being
      applicable to all related forward-looking statements wherever they appear.
      Investors should consider the following risk factors as well as the risks
      described elsewhere in this Form 10-KSB.




**We
      may not be successful in identifying and evaluating suitable business
      opportunities or in consummating a business combination.**




5




We
      have
      not identified acquisition candidates at this juncture. There can be no
      assurance that we will be successful in finding a suitable merger candidate
      for
      us. No particular industry or specific business within an industry has been
      selected for a target company. Accordingly, we may enter into a merger or other
      business combination with a business entity having no significant operating
      history, losses, limited or no potential for immediate earnings, limited assets,
      negative net worth or other negative characteristics, such as dependency on
      management that has not proven its abilities or effectiveness. In the event
      that
      we complete a merger or other business combination, the success of our
      operations will be dependent upon the management of the target company and
      numerous other factors beyond our control. There is no assurance that we will
      be
      able to negotiate a merger or business combination on favorable terms, or at
      all.




**We
      may be subject to regulation under the Investment Company Act of 1940 if we
      were
      to engage in certain activities or business combinations.**




In
      the
      event that we engage in a business combination or engage in other activities
      that result in our holding passive investment interests in a number of entities,
      we could be subject to regulation under the Investment Company Act of 1940.
      In
      such event, we would be required to register as an investment company and could
      be expected to incur significant registration and compliance costs.




**We
      do not anticipate paying dividends.**




We
      have
      never paid cash or other dividends on our common stock. Payment of dividends
      on
      our common stock is within the discretion of our Board of Directors and will
      depend upon our earnings, our capital requirements and financial condition,
      and
      other factors deemed relevant by the Board of Directors. However, the earliest
      the Board of Directors would likely consider a dividend is after the acquisition
      has occurred if the acquired entity generated excess cash flow.




**We
      may be unable to meet our future capital requirements.**




We
      need
      to raise additional funds in order to make ourselves a more attractive
      acquisition vehicle. There is no assurance that we will be able to consummate
      the financing on favorable terms or at all. Any such financing will dilute
      the
      percentage ownership of existing stockholders.




**We
      currently do not have any full-time employees and are dependent on Trinad,
      independent contractors and consultants for the operation of our
      business.**




We
      are
      currently a “shell” company with no operations. We are controlled by TCMF, our
      majority stockholder, and our officers and directors are affiliated with TCMF.
      TCMF provides certain services to us without remuneration and we hire
      independent contractors or consultants for certain services. There is no
      assurance that we will be able to hire employees qualified for the work
      required, or that such qualified employees could be hired and retained at a
      reasonable level of compensation.




**We
      are controlled by one stockholder.**




TCMF
      currently owns approximately 94% of our common stock and controls our Board
      of
      Directors. Such control could prevent the taking of certain actions that may
      be
      beneficial to other stockholders.




**The
      trading of our common stock is limited and sporadic.** **




O ur
      common
      stock has been traded on the “pink sheets” under the symbol “ASND”. The trading
      volume of our common stock is limited and sporadic, and with only limited and
      minimal interest by market makers. There is no assurance that any liquid trading
      market will emerge. The price at which our common stock will trade in the future
      may be highly volatile and may fluctuate as a result of a number of factors,
      including, without limitation, announcements concerning potential acquisitions,
      quarterly variations in our operating results, other business partners and
      opportunities, as well as the number of shares available for sale in the market.




6


**There
        may be conflicts of interest between our management and our non-management
        stockholders.**
 
 Conflicts
        of interest create the risk that management may have an incentive to act
        adversely to the interests of the Company. A conflict of interest may arise
        between our management's personal pecuniary interest and its fiduciary duty
        to
        our stockholders. Our officers may be entitled to receive compensation from
        a
        target company they identify or provide services to in connection with a
        business combination. Further, our management's own pecuniary interest may
        at
        some point compromise its fiduciary duty to our stockholders. In addition,
        Messrs. Ellin and Wolf, both officers and director of the Company, are currently
        involved with other blank check offerings and conflicts in the pursuit of
        business combinations with such other blank check companies, with which they
        and
        affiliates of our minority stockholders are, and may in the future, be
        affiliated with may arise. If we and the other blank check companies that
        our
        officers and directors are affiliated with desire to take advantage of the
        same
        opportunity, then those officers and directors that are affiliated with both
        companies would abstain from voting upon the opportunity.
 
 **Our
        business is difficult to evaluate because we have no operating
        history.**
 
 As
        the
        Company has no operating history or revenue and only minimal assets, there
        is a
        risk that we will be unable to consummate a business combination. The Company
        has had no recent operating history nor any revenues or earnings from operations
        since inception. We have no significant assets or financial resources. We
        will,
        in all likelihood, sustain operating expenses without corresponding revenues,
        at
        least until the consummation of a business combination. This may result in
        our
        incurring a net operating loss that will increase continuously until we can
        consummate a business combination with a profitable business opportunity.
        We
        cannot assure you that we can identify a suitable business opportunity and
        consummate a business combination.
  **There
        is competition for those private companies suitable for a merger transaction
        of
        the type contemplated by management.**
 
 The
        Company is in a highly competitive market for a small number of business
        opportunities which could reduce the likelihood of consummating a successful
        business combination. We will be an insignificant participant in the business
        of
        seeking mergers with, joint ventures with and acquisitions of small private
        and
        public entities. A large number of established and well-financed entities,
        including small public companies and venture capital firms, are active in
        mergers and acquisitions of companies that may be desirable target candidates
        for us. Nearly all these entities have significantly greater financial
        resources, technical expertise and managerial capabilities than we do;
        consequently, we will be at a competitive disadvantage in identifying possible
        business opportunities and successfully completing a business combination.
        These
        competitive factors may reduce the likelihood of our identifying and
        consummating a successful business combination.
 
 **Future
        success is highly dependent on the ability of management to locate and attract
        a
        suitable acquisition.**
 
 The
        nature of our operations is highly speculative and there is a consequent
        risk of
        loss of your investment. The success of our plan of operation will depend
        to a
        great extent on the operations, financial condition and management of an
        identified business opportunity. While management intends to seek business
        combinations, we cannot assure you that we will be successful in locating
        candidates with established operating histories. In the event we complete
        a
        business combination with a privately held company, the success of our
        operations may be dependent upon management of the successor firm or venture
        partner firm and numerous other factors beyond our control.
 
 **Management
        intends to devote only a limited amount of time to seeking a target company
        which may adversely impact our ability to identify a suitable acquisition
        candidate and consummate a business combination.**
  While
        seeking a business combination, management anticipates devoting very limited
        time to the company's affairs. Our officers have not entered into written
        employment agreements with us and are not expected to do so in the foreseeable
        future. This limited commitment may adversely impact our ability to identify
        and
        consummate a successful business combination.
 
 **The
        time and cost of preparing a private company to become a public reporting
        company may preclude us from entering into and consummating a merger or
        acquisition with the most attractive private companies.**
 
 Target
        companies that fail to comply with SEC reporting requirements may delay or
        preclude business acquisitions. Sections 13 and 15(d) of the Exchange Act
        require reporting companies to provide certain information about significant
        acquisitions, including certified financial statements for the company acquired,
        covering one, two, or three years, depending on the relative size of the
        acquisition. The time and additional costs that may be incurred by some target
        entities to prepare these statements may significantly delay or essentially
        preclude consummation of an acquisition. Otherwise suitable acquisition
        prospects that do not have or are unable to obtain the required audited
        statements may be inappropriate for acquisition so long as the reporting
        requirements of the Exchange Act are applicable.
  **The
        Company may be subject to further government regulation which would adversely
        affect our operations.**
 
 Although
        we will be subject to the reporting requirements under the Exchange Act,
        management believes we will not be subject to regulation under the Investment
        Company Act of 1940, as amended (the “Investment Company Act”), since we will
        not be engaged in the business of investing or trading in securities. If
        we
        engage in business combinations which result in our holding passive investment
        interests in a number of entities, we could be subject to regulation under
        the
        Investment Company Act. If so, we would be required to register as an investment
        company and could be expected to incur significant registration and compliance
        costs. We have obtained no formal determination from the Securities and Exchange
        Commission as to our status under the Investment Company Act and, consequently,
        violation of the Investment Company Act could subject us to material adverse
        consequences.
 
 **Any
        potential acquisition or merger with a foreign company may subject us to
        additional risks.**
 
 If
        we
        enter into a business combination with a foreign company, we will be subject
        to
        risks inherent in business operations outside of the United States. These
        risks
        include, for example, currency fluctuations, regulatory problems, punitive
        tariffs, unstable local tax policies, trade embargoes, risks related to shipment
        of raw materials and finished goods across national borders and cultural
        and
        language differences. Foreign economies may differ favorably or unfavorably
        from
        the United States economy in growth of gross national product, rate of
        inflation, market development, rate of savings, and capital investment, resource
        self-sufficiency and balance of payments positions, and in other
        respects.
 
 **There
        is currently no trading market for our common stock, and liquidity of shares
        of
        our common stock is limited.**
 
 Our
        shares of common stock are not registered under the securities laws of any
        state
        or other jurisdiction, and accordingly there is no public trading
        market for our common stock. Further, no public trading market is expected
        to
        develop in the foreseeable future unless and until the company completes
        a
        business combination with an operating business and the company thereafter
        files
        a registration statement under the Securities Act. Therefore, outstanding
        shares
        of our common stock cannot be offered, sold, pledged or otherwise transferred
        unless subsequently registered pursuant to, or exempt from registration
        under , the
        Securities Act  and
        any
        other applicable federal or state securities laws or regulations Shares of
        our common stock cannot be sold under the exemptions from registration provided
        by Rule 144 under or Section 4(1) of the Securities Act, in accordance with
        the
        letter from Richard K. Wulff, Chief of the Office of Small Business Policy
        of
        the Securities and Exchange Commission’s Division of Corporation Finance, to Ken
        Worm of NASD Regulation, dated January 21, 2000. This letter provides that
        certain private transfers of the shares of common stock also may be prohibited
        without registration under federal securities laws. Compliance with the criteria
        for securing exemptions under federal securities laws and the securities
        laws of
        the various states is extremely complex, especially in respect of those
        exemptions affording flexibility and the elimination of trading restrictions
        in
        respect of securities received in exempt transactions and subsequently disposed
        of without registration under the Securities Act or state securities
        laws.
 
 **There
        are issues impacting liquidity of our securities with respect to the SEC’s
        review of a future resale registration statement.**
 
 Since
        our
        shares of common stock issued prior to a business combination or reverse
        merger
        cannot currently, nor will they for a considerable period of time after we
        complete a business combination, be available to be offered, sold, pledged
        or
        otherwise transferred without being registered pursuant to the Securities
        Act,
        we will likely file a resale registration statement on Form SB-2 or Form
        S-1, or
        some other available form, to register for resale such shares of common stock.
        We cannot control this future registration process in all respects as some
        matters are outside our control. Even if we are successful in causing the
        effectiveness of the resale registration statement, there can be no assurances
        that the occurrence of subsequent events may not preclude our ability to
        maintain the effectiveness of the registration statement. Any of the foregoing
        items could have adverse effects on the liquidity of our shares of common
        stock.
 
 In
        addition, the SEC has recently disclosed that it has developed internal
        guidelines concerning the use of a resale registration statement to register
        the
        securities issued to certain investors in private investment in public equity
        (PIPE) transactions, where the issuer has a market capitalization of less
        than
        $75 million and, in general, does not qualify to file a registration statement
        on Form S-3 to register its securities. The SEC has taken the position that
        these smaller issuers may not be able to rely on Rule 415 under the Securities
        Act, which generally permits the offer and sale of securities on a continued
        or
        delayed basis over a period of time, but instead would require that the issuer
        offer and sell such securities in a direct or “primary” public offering, at a
        fixed price, if the facts and circumstances are such that the SEC believes
        the
        investors seeking to have their shares registered are underwriters and/or
        affiliates of the issuer. It appears that the SEC in most cases will permit
        a
        registration for resale of up to one third of the total number of shares
        of
        common stock then currently owned by persons who are not affiliates of such
        issuer and, in some cases, a larger percentage depending on the facts and
        circumstances. Staff members also have indicated that an issuer in most cases
        will have to wait until the later of six months after effectiveness of the
        first
        registration or such time as substantially all securities registered in the
        first registration are sold before filing a subsequent registration on behalf
        of
        the same investors. Since, following a reverse merger or business combination,
        we may have little or no tradable shares of common stock, it is unclear as
        to
        how many, if any, shares of common stock the SEC will permit us to register
        for
        resale, but SEC staff members have indicated a willingness to consider a
        higher
        percentage in connection with registrations following reverse mergers with
        shell
        companies such as the company. The SEC may require as a condition to the
        declaration of effectiveness of a resale registration statement that we reduce
        or “cut back” the number of shares of common stock to be registered in such
        registration statement. The result of the foregoing is that a stockholder’s
        liquidity in our common stock may be adversely affected in the event the
        SEC
        requires a cut back of the securities as a condition to allow the company
        to
        rely on Rule 415 with respect to a resale registration statement, or, if
        the SEC
        requires us to file a primary registration statement.
  **Our
        business will have no revenues unless and until we merge with or acquire
        an
        operating business.**
 
 We
        are a
        development stage company and have had no revenues from operations. We may
        not
        realize any revenues unless and until we successfully merge with or acquire
        an
        operating business.
  **The
        company intends to issue more shares in a merger or acquisition, which will
        result in substantial dilution.**
  Our
        Certificate of Incorporation authorizes the issuance of a maximum of
        75,000,000 shares of common stock and a maximum of 5,000,000 shares of
        preferred stock. Any merger or acquisition effected by us may result in the
        issuance of additional securities without stockholder approval and may result
        in
        substantial dilution in the percentage of our common stock held by our then
        existing stockholders. Moreover, the common stock issued in any such merger
        or
        acquisition transaction may be valued on an arbitrary or non-arm’s-length basis
        by our management, resulting in an additional reduction in the percentage
        of
        common stock held by our then existing stockholders. Our board of directors
        has
        the power to issue any or all of such authorized but unissued shares without
        stockholder approval. To the extent that additional shares of common stock
        or
        preferred stock are issued in connection with a business combination or
        otherwise, dilution to the interests of our stockholders will occur and the
        rights of the holders of common stock might be materially adversely
        affected.
 
 **The
        Company has conducted no market research or identification of business
        opportunities, which may affect our ability to identify a business to merge
        with
        or acquire.**
 
 The
        Company has neither conducted nor have others made available to us results
        of
        market research concerning prospective business opportunities. Therefore,
        we
        have no assurances that market demand exists for a merger or acquisition
        as
        contemplated by us. It may be expected that any such target business or
        transaction will present such a level of risk that conventional private or
        public offerings of securities or conventional bank financing will not be
        available. There is no assurance that we will be able to acquire a business
        opportunity on terms favorable to us. Decisions as to which business opportunity
        to participate in will be unilaterally made by our management, which may
        act
        without the consent, vote or approval of our stockholders.
 
 **Because
        we may seek to complete a business combination through a “reverse merger”,
        following such a transaction we may not be able to attract the attention
        of
        major brokerage firms.**
  Additional
        risks may exist since we will assist a privately held business to become
        public
        through a “reverse merger.” Securities analysts of major brokerage firms may not
        provide coverage of our company since there is no incentive to brokerage
        firms
        to recommend the purchase of our common stock. No assurance can be given
        that
        brokerage firms will want to conduct any secondary offerings on behalf of
        our
        post-merger company in the future.
 
 **We
        cannot assure you that following a business combination with an operating
        business, our common stock will be listed on NASDAQ or any other securities
        exchange.**
 
 Following
        a business combination, we may seek the listing of our common stock on NASDAQ
        or
        the American Stock Exchange. However, we cannot assure you that following
        such a
        transaction, we will be able to meet the initial listing standards of either
        of
        those or any other stock exchange, or that we will be able to maintain a
        listing
        of our common stock on either of those or any other stock exchange. After
        completing a business combination, until our common stock is listed on the
        NASDAQ or another stock exchange, we expect that our common stock would be
        eligible to trade on the OTC Bulletin Board, another over-the-counter quotation
        system, or on the “pink sheets,” where our stockholders may find it more
        difficult to dispose of shares or obtain accurate quotations as to the market
        value of our common stock. In addition, we would be subject to an SEC rule
        that,
        if it failed to meet the criteria set forth in such rule, imposes various
        practice requirements on broker-dealers who sell securities governed by the
        rule
        to persons other than established customers and accredited investors.
        Consequently, such rule may deter broker-dealers from recommending or selling
        our common stock, which may further affect its liquidity. This would also
        make
        it more difficult for us to raise additional capital following a business
        combination.
 
 **Authorization
        of Preferred Stock.**
 
 Our
        Certificate of Incorporation authorizes the issuance of up to 5,000,000 shares
        of preferred stock with designations, rights and preferences determined from
        time to time by its Board of Directors. Accordingly, our Board of Directors
        is
        empowered, without stockholder approval, to issue preferred stock with dividend,
        liquidation, conversion, voting, or other rights which could adversely affect
        the voting power or other rights of the holders of the common stock. In the
        event of issuance, the preferred stock could be utilized, under certain
        circumstances, as a method of discouraging, delaying or preventing a change
        in
        control of the company. Although we have no present intention to issue any
        shares of its authorized preferred stock, there can be no assurance that
        the
        Company will not do so in the future.




7


**ITEM
      7. FINANCIAL STATEMENTS**




Asianada,
      Inc.





Index
      to
      Financial Statements





**Page**Report
                of Independent Registered Public Accounting Firm
            F-1Balance
                Sheet
            F-2Statement
                of Operations
            F-3Statement
                of Stockholders’ Equity
            F-4Statement
                of Cash Flows
            F-5Notes
                to the Financial Statements
            F-6




8


**MADSEN
                    & ASSOCIATES, CPA’s INC.**
                  **Certified
                    Public Accountants and Business Consultants**
                
                684
                    East Vine St. #3
                  Murray,
                    Utah84107
                  Telephone
                    801-268-2632
                  Fax
                    801-262-3978
  Board
        of
        Directors
 Asianada,
        Inc.
 Los
        Angeles, California
  **REPORT
        OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**
  We
        have
        audited the accompanying balance sheet of Asianada , Inc.
        (development stage company) at June
        30,
        2007, and the related statements of operations, stockholders' equity, and cash flows
        for
        the year ended
        June 30, 2007 and
        the
        period February 17, 2006 to June 30, 2006, and the period February
        17, 2006
        (date of inception) to June 30, 2007. These financial statements are the
        responsibility of the Company'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 the audit to obtain reasonable assurance about whether the financial
        statements are free of material misstatement. An audit includes examining,
        on a
        test basis, evidence supporting the amounts and disclosures in the financial
        statements. An audit also includes 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 Asianada, Inc. at June 30, 2007
        and
        the results of operations, and cash flows for the year ended June 30, 2007
        and
        the period February 17, 2006 (date of inception) to June 30, 2006, in conformity
        with accounting principles generally accepted in the United States of
        America.
 
 The
        accompanying financial statements have been prepared assuming that the Company
        will continue as a going concern. The Company will need additional working
        capital for its planned activity and to service its debt, which raises
        substantial doubt about its ability to continue as a going concern. Management’s
        plans in regard to these matters are described in the notes to the financial
        statements. These financial statements do not include any adjustments that
        might
        result from the outcome of this uncertainty.
 
 Murray,
                  UtahOctober
                  11, 2007
              /s/
                  Madsen & Associates, CPA’s Inc.




F-1




**ASIANADA,
                INC.****(Developmental
                Stage Company)****BALANCE
                SHEET****June
                30, 20007**
            
            **June
                30, 2006****ASSETS****CURRENT
                ASSETS**Cash
            
            $
            -
            
            $
            35,703Total
                Current Assets
            
            $
            -
            
            $
            35,703**LIABILITIES
                AND STOCKHOLDERS' EQUITY****CURRENT
                LIABILITIES**Accounts
                payable
            
            $
            10,000
            
            $
            1,427Accounts
                payable - related parties
            
            
            -
            
            
            86Total
                Current Liabilities
            
            
            10,000
            
            
            1,513**STOCKHOLDERS'
                EQUITY**Common
                stock75,000,000
                shares authorized at $0.001 par value; 8,080,000 shares issued and
                outstanding
            
            
            8,080
            
            
            8,080Capital
                in excess of par value
            
            
            31,120
            
            
            31,120Accumulated
                deficit
            
            
            (49,200
            )
            
            (5,010
            )Total
                Stockholders' Equity
            
            
            (10,000
            )
            
            34,190$
            -
            
            $
            35,703The
                accompanying notes are an integral part of these financial
                statements.






F-2


**ASIANADA,
                INC.****(Developmental
                Stage Company)****STATEMENTS
                OF OPERATIONS****Year
                Ended**
              **June
                30,**
            
            **February
                17, 2006***
              **to
                June 30,**
            
            **February
                17, 2006***
              **to
                June 30,****2007**
            
            **2006**
            
            **2007****REVENUES**
            
            $
            -
            
            $
            -
            $
            --**EXPENSES**Mining
                and Exploration
            
            
            2,880
            
            
            4,518
            
            7,398General
                and administrative
            
            
            41,310
            
            
            492
            
            41,802Total
                expenses
            
            
            44,190
            
            
            5,010
            
            49,200**NET
                LOSS**
            
            $
            (44,190
            )
            $
            (5,010)
            $
            (49,200)**NET
                LOSS PER COMMON SHARE**Basic
                and diluted
            
            $
            (0.01)
            
            $
            -
            $**AVERAGE
                OUTSTANDING SHARES**Basic
                (In thousands)
            
            
            8,080
            
            
            6.682
            
            8,080*
              Date of Inception






F-3




**ASIANADA,
                  INC.****(Developmental
                  Stage Company)****STATEMENTS
                  OF CHANGES IN STOCKHOLDERS' EQUITY****For
                  the Period February 17, 2006 (date of inception) to June 30,
                  2007****Capital
                  in****Common
                  Stock**
              
              **Excess
                  of**
              
              **Accumulated****Shares**
              
              **Amount**
              
              **Par
                  Value**
              
              **Deficit****Balance
                  February 17, 2006**(date of inception)
              
              
              -
              
              $
              -
              
              $
              -
              
              $
              -Issuance
                  of common stock for cash at $0.002 - April 18, 2006
              
              
              5,200,000
              
              
              5,200
              
              
              5,200Issuance
                  of common stock for cash at $0.01 - June 28, 2006
              
              
              2,880,000
              
              
              2,880
              
              
              25,920
              
              
              -Net
                  loss
              
              
              -
              
              
              -
              
              
              -
              
              
              (5,010
              )**Balance
                  June 30, 2006**
              
              
              8,080,000
              
              $
              8,080
              
              
              31,120
              
              $
              (5,010
              )Net
                  loss
              
              
              -
              
              
              -
              
              
              -
              
              
              (44,190
              )**Balance
                  June 30, 2007**
              
              
              8,080,000
              
              $
              8,080
              
              $
              31,120
              
              $
              (49,200
              )




F-4


**ASIANADA,
                  INC.****(Developmental
                  Stage Company)****STATEMENTS
                  OF CASH FLOWS****Year
                  Ended June 30,**
              
              **February
                  17,**
                **2006***
                **to
                  June 30,**
              
              **February
                  17,**
                **2006***
                **to
                  June 30,****2007**
              
              **2006**
              
              **2007****CASH
                  FLOWS FROM OPERATING ACTIVITIES**Net
                  loss
              
              $
              (44,190
              )
              $
              (5,010
              )
              (49,200)Adjustments
                  to reconcile net loss to net cash proved by operatingactivities:Changes
                  in accounts payables
              
              
              8,573
              
              
              1,427
              
              10,000Net
                  Cash Used In Operating Activities
              
              
              (35,617
              )
              
              (3,583
              )
              (39,200)**CASH
                  FLOWS FROM FINANCING ACTIVITIES**Proceeds
                  from loan from related party
              
              
              -
              
              
              86Proceeds
                  from issuance of common stock
              
              
              -
              
              
              39,200
              
              39,200Repayment
                  of loan from related party
              
              
              (86
              )
              
              -Net
                  Cash (Used In) Provided By Financing Activities
              
              
              (86
              )
              
              39,286
              
              -Net
                  Change in Cash
              
              
              (35,703
              )
              
              35,703
              
              -Cash
                  at Beginning of Period
              
              
              35,703
              
              
              -Cash
                  at End of Period
              
              $
              -
              
              $
              35,703
              
              -*Date
                of InceptionThe
                  accompanying notes are an integral part of these financial
                  statements.




F-5




**ASIANADA,
      INC.**


**(
      Developmental Stage Company )**


**NOTES
      TO FINANCIAL STATEMENTS**


**June
      30, 2007**


**1.
      ORGANIZATION**




The
      Company was incorporated under the laws of the State of Nevada on February
      17,
      2006 with authorized common stock of 75,000,000 shares at $.001 par value.


On
        September 27, 2007 the Company reincorporated into a Delaware corporation
        and is
        now governed by the laws of the State of Delaware and by a new Certificate
        of
        Incorporation and new Bylaws prepared in accordance with Delaware law. The
        Company’s authorized capital stock changed from 75,000,000 shares of authorized
        capital stock, all of which are common stock, par value $0.001 per share,
        to
        80,000,000 shares of authorized capital stock, consisting of 75,000,000 shares
        of common stock, par value $0.001 per share, and 5,000,000 shares of “blank
        check” preferred stock, par value $0.001 per share. No terms have been
        established for the preferred stock.




The
      Company was engaged in acquiring and exploring mineral properties until June
      15,
      2007 when this was abandoned and the Company became a Developmental Stage
      Company. At the report date the company is inactive.




Since
      its
      inception the company has completed private placement offerings of 8,080,000
      shares of its common capital stock for $39,200




The
      Company has elected June 30 as its fiscal year end.




2.
      GOING CONCERN




The
      accompanying financial statements have been prepared
      assuming that the Company will continue as a going concern, which contemplates
      the recoverability of assets and the satisfaction of liabilities in the normal
      course of business. The Company incurred net losses from February 17, 2006
      (inception) through June 30, 2007 of $49,200. The Company's development
      activities since inception have been financially sustained through equity
      financing. The ability of the Company to continue as a going concern is
      dependent upon its ability to find a suitable acquisition or merger candidate,
      raise additional capital from the sale of stock, receive additional paid in
      capital and ultimately, the achievement of significant positive results. The
      accompanying financial statements do not include any adjustments that might
      be
      required should the Company be unable to recover the value of its assets or
      satisfy its liabilities.




**3.
      SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**





Accounting
      Methods





The
      Company recognizes income and expenses based on the accrual method of
      accounting.





Dividend
      Policy





The
      Company has not adopted a policy regarding payment of dividends.





Income
      Taxes





The
      Company utilizes the liability method of accounting for income taxes. Under
      the
      liability method deferred tax assets and liabilities are determined based on
      the
      differences between financial reporting and the tax bases of the assets and
      liabilities and are measured using the enacted tax rates and laws that will
      be
      in effect, when the differences are expected to reverse. An allowance against
      deferred tax assets is recorded, when it is more likely than not, that such
      tax
      benefits will not be realized.





On
      June
      30, 2007, the Company had a net operating loss carry forward at
      $10,000. The tax benefit has been fully offset by a valuation reserve because
      the use of the future tax benefit is doubtful since the Company has no
      operations. The loss carry forward will expire in 2027.





Environmental
      Requirements





At
      the
      report date environmental requirements related to the mineral claims are
      unknown and therefore an estimate of any future cost cannot be made.





Basic
      and Diluted Net Income (Loss) Per Share





Basic
      net
      income (loss) per share amounts are computed based on the weighted average
      number of shares actually outstanding. Diluted net income (loss) per share
      amounts are computed using the weighted average number of common shares and
      common equivalent shares outstanding as if shares had been issued on the
      exercise of any common share rights unless the exercise becomes antidilutive
      and
      then only the basic per share amounts are shown in the report.




F-6





Estimates
      and Assumptions




The
      company uses estimates and assumptions in preparing financial statements in
      accordance with accounting principles generally accepted in the United States
      of
      America. Those estimates and assumptions affect the reported amounts of the
      assets and liabilities, the disclosure of contingent assets and liabilities,
      and
      the reported revenues and expenses. Actual results could vary from the estimates
      that were assumed in preparing these financial statements.




Unproven
      Mining Claim Costs




Costs
      of acquisitions, exploration, carrying, and
      retaining unproven properties are expensed as incurred.




Financial
      and Concentrations Risk




The
      Company does not have any concentration or
      related financial credit risk.




Financial
      Instruments




The
      carrying amounts of financial instruments are
      considered by management to be their estimated fair values due to their short
      term maturities.




Foreign
      Currency Translation




Part
      of the transactions of the Company were
      completed in Canadian dollars, and have been tranlsated to US dollars as
      incurred, at the exchange rate in effect at the time, and therefore, no gain
      or
      loss from the translations is recognized. The functional currency is considered
      to be US dollars.




Revenue
      Recognition




Revenue
      is recognized on the sale and delivery of a
      product or the completion of a service provided.




Advertising
      and Market
      Development




The
      company expenses advertising and market
      development costs as incurred.




Recent
      Accounting Pronouncements




The
      Company does not expect that the adoption of other recent accounting
      pronouncements will have a material impact on its financial statements.





**4.
      UNPROVEN MINERAL CLAIMS**




On
      March
      16, 2006 the Company acquired a mineral claim, known as the Asianad Claim,
      consisting of 18 units, located approximately 120 kilometres north of the city
      of Kamloops in north central British Columbia in the Kamloops Mining Division
      with an expiration date of December 9, 2007. The claim has not been proven
      to
      have a commercially minable ore reserve and therefore all costs of acquisition
      exploration and retaining the property have been expensed. The claim can be
      renewed by a yearly payment of $1,448cn for the first three years. During fiscal
      2007, the Company abandoned its plans to pursue the unproven mineral
      claims




**5.
      SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES**




Certain
      officers and directors who hold 25% of the outstanding common stock made no
      interest demand notes to the company. The amounts due have been repaid. The
      Company entered into a long agreement on July 11, 2007 eith TCMF, and a
      management agreement with Trinad Management, LLC, affiliate through shared
      officeships on July 11, 2007 as discussed in Note 7, Subsequent
      Events.





**6.
      CHANGE IN MANAGEMENT**





On
      June
      15, 2007, Trinad Capital Master Fund, Ltd., an exempted Cayman Island
      Corporation, with an address at 2121 Avenue of the Stars, Suite 2550, Los
      Angeles, California 90067 (“TCMF”), entered into a Securities Purchase Agreement
      (the “Agreement”) entered into, by and among certain stockholders, the
“stockholders” of Asianada, Inc. (the “Company” or “Registrant”). Pursuant to
      the terms of the Agreement, the Stockholders sold 7,595,200 shares (the
“Shares”) of the Company’s common stock, $.001 par value per share, (“Common
      Stock”) representing 94% of the issued and outstanding Common Stock as of June
      15, 2007 (the “Closing”), to TCMF. In consideration of the purchase of the
      Shares, the Purchaser paid at Closing the total sum of seven hundred thousand
      dollars ($700,000), pursuant to and in accordance with the terms of the
      Agreement. The source of such capital was the Purchaser’s working capital. The
      sale of the shares to TCMF, an accredited investor, was made pursuant to the
      exemptions from registration afforded by Sections 4(1) of the Securities Act
      of
      1933, as amended.





**7.
      SUBSEQUENT EVENTS**





On
      July
      11, 2007, the Company executed a loan agreement with TCMF whereby TCMF agreed
      to
      loan the Company up to a principal amount of $100,000 (the “Loan”), at any time
      and from time to time, prior to the registrant’s consummation of a Next
      Financing (as defined below). TCMF shall make advances to the Company in such
      amounts as the Company shall request from time to time. The Loan bears interest
      at the rate of 10% per annum. The entire outstanding principal amount of the
      Loan and any accrued interest thereon shall be due and payable by the Company
      upon, and not prior to, the consummation of a sale of securities (other than
      a
      sale of shares of the Company’s common stock, $0.001 par value per share, to
      officers, directors or employees of, or consultants to, the registrant in
      connection with their provision of services to the registrant), to a third
      party
      or parties with proceeds to the registrant of not less than $200,000 (a “Next
      Financing”).




F-7





On
      July
      11, 2007, the Company entered into a Management Agreement (the “Management
      Agreement”) with Trinad Management, LLC (“Trinad”), an affiliate of TCMF.
      Pursuant to the terms of the Management Agreement, which is for a term of 5
      years, Trinad will provide certain management services, including, without
      limitation the sourcing, structuring and negotiation of a potential business
      combination transaction involving the company. The Company has agreed to pay
      Trinad a management fee of $90,000 per quarter, plus reimbursement of all
      expenses reasonably incurred by Trinad in connection with the provision of
      management services. Either party may terminate with prior written notice.
      However, in the event the Company terminates the Management Agreement, it shall
      pay to Trinad a termination fee of $1,000,000.




**Delaware
        Reincorporation**
  On
        August
        17, 2007, written consents from stockholders representing a majority of our
        outstanding shares of common stock approving the reincorporation (the
“Reincorporation”) of Asianada, Inc., a Nevada corporation (“Asianada-Nevada” or
        the “Company”), in Delaware by merger with and into its wholly-owned, newly
        formed Delaware subsidiary, Asianada, Inc. (“Asianada-Delaware”).
  The
        Reincorporation was effective on September 27, 2007 and resulted in the
        following: (a) the Company is governed by the laws of the State of Delaware
        and
        by a new Certificate of Incorporation and new Bylaws prepared in accordance
        with
        Delaware law; (b) the Company’s authorized capital stock changed from 75,000,000
        shares of authorized capital stock, all of which are common stock, par value
        $0.001 per share, to 80,000,000 shares of authorized capital stock, consisting
        of 75,000,000 shares of common stock, par value $0.001 per share, and 5,000,000
        shares of “blank check” preferred stock, par value $0.001 per share, with the
        right conferred upon the Board of Directors to set the dividend, voting,
        conversion, liquidation and other rights, as well as the qualifications,
        limitations and restrictions with respect to the preferred stock as the Board
        of
        Directors may determine from time to time; (c) the persons currently serving
        as
        officers and directors of the Company continued to serve in their respective
        capacities after the Reincorporation; and (d) Asianada-Delaware: (i) acceded
        to
        all of the rights, privileges, immunities and powers of the Company; (ii)
        acquired and possess all of the property of the Company whether real, personal
        or mixed; and (iii) assumed all of the debts, liabilities, obligations and
        duties of the Company. Asianada-Delaware is the surviving corporation and
        will
        operate under the name “Asianada, Inc.”
  **The
        2007 Plan**
  On
        August
        17, 2007, written consents from stockholders representing a majority of our
        outstanding shares of common stock approving the adoption of the Company’s 2007
        Employee, Director and Consultant Stock Plan (the “2007 Plan”).
  Under
        the
        2007 Plan, employees, directors and consultants of the Company (the “Eligible
        Participants”) may be issued stock awards as compensation for their services to
        the Company. The 2007 Plan authorizes and entitles the Company to issue to
        Eligible Participants awards to purchase up to 1,000,000 shares of Common
        Stock.
        The 2007 Plan became effective as of September 27, 2007, and will continue
        in
        effect until August 17, 2017.
  The
        Company’s 2007 Plan provides that no participant may receive awards for more
        than 250,000 shares of Common Stock in any fiscal year. Shares of Common
        Stock
        reserved for awards under the 2007 Plan that are forfeited or are canceled
        will
        be added back to the share reserve available for future awards. However,
        shares
        of Common Stock tendered in payment for an award or shares of Common Stock
        withheld for taxes will not be available again for grant.





F-8




**ITEM
      8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL
      DISCLOSURE**





None.





**ITEM
      8A. CONTROLS AND PROCEDURES**




(a) Evaluation of Disclosure Controls and Procedures .
      Our
      principal executive officer and principal financial officer, after evaluating
      the effectiveness of our disclosure controls and procedures (as defined in
      Exchange Act Rules 13a-15(e) and 15d-15(e)) on June 30, 2007, have concluded
      that, based on such evaluation, our disclosure controls and procedures were
      adequate and effective to ensure that material information relating to us,
      was
      made known to them by others within those entities, particularly during the
      period in which this Annual Report on Form 10-KSB was being prepared.




(b) Changes in Internal Controls. There
      were no significant changes in our internal controls or in other factors that
      could significantly affect these controls subsequent to the date of their
      evaluation, nor were there any significant deficiencies or material weaknesses
      in our internal controls. Accordingly, no corrective actions were required
      or
      undertaken.





**ITEM
      8B. OTHER INFORMATION.**




None.




**PART
      III**




**ITEM
      9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS, CONTROL PERSONS AND CORPORATE
      GOVERNANCE; COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT.**





The
      following table contains certain information with respect to our current
      directors and executive officers.





**Name******
            
            **Age******
            
            **Principal
                Occupation******Robert
                S. Ellin
            
            41
            
            Director
                and Chief Executive OfficerJay
                A. Wolf
            
            34
            
            Director
                and SecretaryCharles
                Bentz
            
            44
            
            Chief Financial OfficerBarry
                I. Regenstein
            
            50
            
            Director




**Board
      of Directors and Executive Officers**




***Robert
      S. Ellin*** *,* 41,
      has
      served as a director and our Chief Executive Officer since June 15, 2007 and
      is
      a Managing Member of Trinad Management, LLC. Mr. Ellin currently sits on the
      board of Command Security Corporation (CMMD), ProLink Holdings Corporation
      (PLKH), Starvox Communications, Inc. (USWI), New Motion, Inc. (NWMO),
      Zane Acquisition I, Zane Acquisition II and Mediavest, Inc. (MVSI).
      Prior to joining Trinad Management, LLC, Mr. Ellin was the founder and President
      of Atlantis Equities, Inc., a personal investment company. Founded in 1990,
      Atlantis has actively managed an investment portfolio of small capitalization
      public company as well as select private company investments. Mr. Ellin
      frequently played an active role in Atlantis investee companies including Board
      representation, management selection, corporate finance and other advisory
      services. Through Atlantis and related companies, Mr. Ellin spearheaded
      investments into ThQ, Inc. (OTC:THQI), Grand Toys (OTC: GRIN), Forward
      Industries, Inc. (OTC: FORD) and completed a leveraged buyout of S&S
      Industries, Inc. where he also served as President from 1996 to 1998. Prior
      to
      founding Atlantis Equities, Mr. Ellin worked in Institutional Sales at LF
      Rothschild and prior to that he was the Manager of Retail Operations at Lombard
      Securities. Mr. Ellin received a Bachelor of Arts from Pace
      University.




9




***Jay
      A. Wolf*** *,* 34, **has
      served as a director since June 25, 2007 and our Secretary since June 15,
      2007 and is
      a
      Managing Member of Trinad Management, LLC. Mr. Wolf currently sits on
      the board of Shells Seafood Restaurants (SHLL), ProLink Holdings Corporation
      (PLKH), Optio Software, Inc. (OPTO), Starvox Communications,
      Inc. (SVOX), New Motion, Inc. (NWMO), Zane Acquisition I, Zane
      Acquisition II and Mediavest, Inc. (MVSI). Mr. Wolf has ten years of
      investment and operations experience in a broad range of industries. Mr. Wolf's
      investment experience includes senior and subordinated debt, private equity,
      mergers and acquisitions and public equity investments. Prior to joining Trinad
      Management, LLC, Mr. Wolf served as the Vice President of Corporate Development
      for a marketing communications firm where he was responsible for the company's
      acquisition program. Prior to that he worked at CCFL Ltd. a Toronto-based
      merchant bank in the Senior Debt Department and subsequently for Trillium Growth
      Capital the firm's venture capital Fund. Mr. Wolf received a Bachelor of Arts
      from Dalhousie University.




***Charles
      Bentz*** ,
      44, has
      served as our Chief Financial Officer since June 15, 2007 and has 20 years
      of
      accounting and administrative experience in the asset management industry and
      is
      a Certified Public Accountant.  Prior to joining to joining Trinad
      Management, LLC, Mr. Bentz was a Vice President and the Controller of Fletcher
      Asset Management; Vice President, Controller and Head of Fund Administration
      & Compliance of the Reserve Funds; Vice President and head of Fund
      Administration & Compliance of BlackRock Inc.; Vice president and Controller
      of HHF Acquisition Corp.; and Associate Vice President of Prudential Mutual
      Fund
      Management. Mr. Bentz is the Chief Financial Officer of Zane
      Acquisition I and Zane Acquisition II. Mr. Bentz began his career
      at Deloitte & Touche, and holds a Bachelor of Science in Accounting from
      Villanova University.





***Barry
      I. Regenstein*** ,
      50, ****has
      served as a director since June 15, 2007 and is
      the
      President and Chief Financial Officer of Command Security Corporation. Trinad
      Capital LP is a significant shareholder of Command Security Corporation and
      Mr.
      Regenstein has formerly served as a consultant for Trinad Capital LP. Mr.
      Regenstein has over 28 years of experience with 23 years of such experience
      in
      the aviation services industry. Mr. Regenstein was formerly Senior Vice
      President and Chief Financial Officer of Globe Ground North America (previously
      Hudson General Corporation), and previously served as the Corporation’s
      Controller and as a Vice President. Prior to joining Hudson General Corporation
      in 1982, he had been with Coopers & Lybrand in Washington, D.C. since 1978.
      Mr. Regenstein currently sits of the boards of GTJ Co., Inc., ProLink Holdings
      Corporation (PLKH), Starvox Communications, Inc. (USWI), Zane
      Acquisition I, Zane Acquisition II and Mediavest, Inc.
      (MVSI).  Mr. Regenstein is a Certified Public Accountant and received his
      Bachelor of Science in Accounting from the University of Maryland and an M.S.
      in
      Taxation from Long Island University.




**Audit
      Committee**




We
      do not
      currently have an Audit Committee because we are not an operating company.
      If
      and when we find a suitable merger candidate and we successfully enter into
      a
      merger transaction whereby a company with assets and operations survives, we
      intend to establish an Audit Committee that fulfills the independent and other
      requirements promulgated by the SEC.




**Section
      16(A) Beneficial Ownership Reporting Compliance**




Section
      16(a) of the Exchange Act requires our officers, directors, and persons owning
      more than ten percent of a registered class of our equity securities (“ten
      percent stockholders”) to file reports of ownership and changes of ownership
      with the SEC. Officers, directors, and ten-percent stockholders are required
      by
      SEC regulations to furnish us with copies of all Section 16(a) reports they
      file
      with the SEC. To the best of our knowledge, based solely on review of the copies
      of such reports and amendments thereto furnished to us, we believe that during
      our fiscal year ended June 30, 2007, all Section 16(a) filing requirements
      applicable to our officers, directors, and ten percent stockholders were met.




10




**Code
      of Ethics**




We
      do not
      currently have a code of ethics because we are not an operating company. If
      and
      when we find a suitable merger candidate and we successfully enter into a merger
      transaction whereby a company with assets and operations survives, we intend
      to
      establish code of ethics.





**ITEM
      10. EXECUTIVE COMPENSATION**





On
      July
      11, 2007, the registrant entered into a Management Agreement (the “Management
      Agreement”) with Trinad Management, LLC (“Trinad”), an affiliate of TCMF.
      Pursuant to the terms of the Management Agreement, which is for a term of 5
      years, Trinad will provide certain management services, including, without
      limitation the sourcing, structuring and negotiation of a potential business
      combination transaction involving the registrant. The registrant has agreed
      to
      pay Trinad a management fee of $90,000 per quarter, plus reimbursement of all
      expenses reasonably incurred by Trinad Management in connection with the
      provision of management services. Either party may terminate with prior written
      notice. However, in the event the registrant terminates the Management
      Agreement, it shall pay to Trinad a termination fee of $1,000,000.




Other
      than as described above, there are no management agreements with our directors
      or executive officers and we do not anticipate that written agreements will
      be
      put in place in the foreseeable future.




We
      have
      no plans or arrangements with respect to remuneration received or that may
      be
      received by our executive officers to compensate such officers in the event
      of
      termination of employment (as a result of resignation, retirement, change of
      control) or a change of responsibilities following a change of control.





**ITEM
      11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED
      STOCKHOLDER MATTERS**




As
      of
      June 30, 2007, the date of our most recently completed fiscal year, we did
      not
      have any equity compensation plans under which our common stock was authorized
      for issuance.




The
      following tables set forth certain information regarding the beneficial
      ownership of our common stock as of September 27, 2007, by the (i) named
      executive officers, (ii) all persons, including groups, known to us to own
      beneficially more than five percent (5%) of the outstanding common stock, and
      (iii) all current executive officers and directors as a group. A person (or
      group) is deemed to be a beneficial owner of common stock that can be acquired
      by such person or group within 60 days from September 27, 2007, upon the
      exercise of warrants, options or other rights exercisable for, or convertible
      into, common stock. As of September 27, 2007, there were a total of 8,080,000
      shares of common stock outstanding




Except
      as
      otherwise indicated, the address of each of the following persons is c/o
      Asianada, Inc., 2121 Avenue of the Stars, Suite 2550, Los Angeles, CA
      90067:





**CERTAIN
      HOLDERS OF COMMON STOCK**




**Beneficially
                Owned as of**
              **September
                  27, 2007 (1)********Number
                of**
            
            **Percent
                of****Shares******
            
            **Class********Name
                  and Address of Owner******Trinad
                Capital Master Fund Ltd (TCMF). 2121 Avenue of the Stars, Suite 2550
                Los
                Angeles, CA, 90067
            
            
            7,595,200
            (2)
            
            94.00
            %Current
                directors or officers:Robert
                S. Ellin
            
            
            —
            (1)
            
            *Jay
                A. Wolf
            
            
            —
            (1)
            
            *All
                current directors and named executive officers asa
                group (four persons)
            
            
            7,595,200
            
            
            94.00
            %





*None.




(1)
      TCMF owns approximately 94% of our outstanding
      common stock. Robert Ellin and Jay Wolf, two of our directors and executive
      officers, are principals of Trinad Management, LLC which serves as the
      investment advisor to TCMF. The other director, Barry Regenstein, is affiliated
      with Trinad Management, LLC. Robert Ellin and Jay Wolf may be deemed to
      beneficially own the stock that TCMF owns.




11




**Changes
      in Control**





We
      are
      unaware of any contract or other arrangement the operation of which may at
      a
      subsequent date result in a change in control of our company.





**ITEM
      12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR
      INDEPENDENCE**




On
      July
      11, 2007, the Company executed a loan agreement with Trinad Capital Master
      Fund,
      Ltd. (“TCMF”) whereby TCMF agreed to loan the Company up to a principal amount
      of $100,000 (the “Loan”), at any time and from time to time, prior to the
      Company’s consummation of a Next Financing (as defined below). Trinad shall make
      advances to the Company in such amounts as the registrant shall request from
      time to time. The Loan bears interest at the rate of 10% per annum. The entire
      outstanding principal amount of the Loan and any accrued interest thereon shall
      be due and payable by the Company upon, and not prior to, the consummation
      of a
      sale of securities (other than a sale of shares of the Company’s common stock,
      $0.001 par value per share, to officers, directors or employees of, or
      consultants to, the Company in connection with their provision of services
      to
      the registrant), to a third party or parties with proceeds to the registrant
      of
      not less than $200,000 (a “Next Financing”).





On
      July
      11, 2007, the Company entered into a Management Agreement (the “Management
      Agreement”) with Trinad Management, LLC (“Trinad”), an affiliate of TCMF.
      Pursuant to the terms of the Management Agreement, which is for a term of 5
      years, Trinad will provide certain management services, including, without
      limitation the sourcing, structuring and negotiation of a potential business
      combination transaction involving the Company. The Company has agreed to pay
      Trinad Management a fee of $90,000 per quarter, plus reimbursement of all
      expenses reasonably incurred by Trinad in connection with the provision of
      management services. Either party may terminate with prior written notice.
      However, in the event the registrant terminates the Agreement, it shall pay
      to
      Trinad Management a termination fee of $1,000,000.


On
        August
        17, 2007, written consents were obtained from stockholders representing a
        majority of our outstanding shares of common stock approving the reincorporation
        (the “Reincorporation”) of Asianada, Inc., a Nevada corporation
        (“Asianada-Nevada” or the “Company”), in Delaware by merger with and into its
        wholly-owned, newly formed Delaware subsidiary, Asianada, Inc.
        (“Asianada-Delaware”).
  The
        Reincorporation was effective on September 27, 2007 and resulted in the
        following: (a) the Company is governed by the laws of the State of Delaware
        and
        by a new Certificate of Incorporation and new Bylaws prepared in accordance
        with
        Delaware law; (b) the Company’s authorized capital stock changed from 75,000,000
        shares of authorized capital stock, all of which are common stock, par value
        $0.001 per share, to 80,000,000 shares of authorized capital stock, consisting
        of 75,000,000 shares of common stock, par value $0.001 per share, and 5,000,000
        shares of “blank check” preferred stock, par value $0.001 per share, with the
        right conferred upon the Board of Directors to set the dividend, voting,
        conversion, liquidation and other rights, as well as the qualifications,
        limitations and restrictions with respect to the preferred stock as the Board
        of
        Directors may determine from time to time; (c) the persons currently serving
        as
        officers and directors of the Company continued to serve in their respective
        capacities after the Reincorporation; and (d) Asianada-Delaware: (i) acceded
        to
        all of the rights, privileges, immunities and powers of the Company; (ii)
        acquired and possess all of the property of the Company whether real, personal
        or mixed; and (iii) assumed all of the debts, liabilities, obligations and
        duties of the Company. Asianada-Delaware is the surviving corporation and
        will
        operate under the name “Asianada, Inc.”
  On
        August
        17, 2007, written consents from stockholders representing a majority of our
        outstanding shares of common stock approving the adoption of the Company’s 2007
        Employee, Director and Consultant Stock Plan (the “2007 Plan”).
  Under
        the
        2007 Plan, employees, directors and consultants of the Company (the “Eligible
        Participants”) may be issued stock awards as compensation for their services to
        the Company. The 2007 Plan authorizes and entitles the Company to issue to
        Eligible Participants awards to purchase up to 1,000,000 shares of Common
        Stock.
        The 2007 Plan became effective as of September 27, 2007, and will continue
        in
        effect until August 17, 2017.
  The
        Company’s 2007 Plan provides that no participant may receive awards for more
        than 250,000 shares of Common Stock in any fiscal year. Shares of Common
        Stock
        reserved for awards under the 2007 Plan that are forfeited or are canceled
        will
        be added back to the share reserve available for future awards. However,
        shares
        of Common Stock tendered in payment for an award or shares of Common Stock
        withheld for taxes will not be available again for grant.
  Our
          board
          of directors currently consists of three members. They are Robert Ellin,
          Jay
          Wolf and Barry Regenstein. Mr. Regenstein is an independent director. We
          have
          determined his independence using the definition of independence set forth
          in
          NASD Rule 4200 .


12




**ITEM
      13. EXHIBITS**




EXHIBIT
                NUMBER
              
              DESCRIPTION
                OF EXHIBIT2.1
              
              Plan
                  and Agreement of Merger dated August 17, 2007 between the Registrant
                  and
                  Asianada, Inc., a Nevada Corporation (2)3.1
              
              Certificate
                  of Incorporation*3.2
              
              Bylaws*10.1
              
              Loan
                  Agreement with Trinad Capital Master Fund, Ltd., dated July 11,
                  2007.
                  (1)10.2
              
              Management
                Agreement
                dated July 11, 2007 between the Registrant and Trinad Management,
                LLC
                (1)10.3
              
              2007 Employee,
                Director
                and Consultant Stock Plan *10.4
              
              Form
                of Non-Qualified Stock Option Agreement *10.5
              
              Form of Incentive
                Stock Option Agreement *31.1
              
              Certification
                  of Chief Executive Officer *31.2
              
              Certification
                  of Chief Financial Officer *32.1
              
              Certification
                  of Principal Executive Officer pursuant to U.S.C.Section 1350
                  *32.2
              
              Certification
                  of Principal Financial Officer pursuant to U.S.C. Section 1350
                  *


*
        Filed herewith.





(1)
      Incorporated by reference to the Registrant’s Current Report on Form 8-K dated
      July 11, 2007


(2)
      Incorporated by reference to the Registrant's DEF 14
      C Information Statement and filed with the SEC on September 5, 2007




**ITEM
      14. PRINCIPAL ACCOUNTANT FEES AND SERVICES.**





The
      following table presents fees for professional audit services rendered by Madsen
      and Associates, CPA’s Inc for the audit and reviews of our annual financial
      statements and other audit related services for the years ended June 30, 2007
      and 2006:





**Madsen****2007**
            
            **2006**Audit
                fees:(1)
            
            
            3,500
            
            
            2,560Audit
                related fees:(2)
            
            
            0
            
            
            0Tax
                fees:(3)
            
            
            0
            
            
            0All
                other fees:(4)
            
            
            0
            
            
            0Total
            
            
            3,500
            
            
            2,560




13




**Policy
      on Pre-Approval of Audit and Permissible Non-audit Services of Independent
      Auditors**




Consistent
      with SEC policies regarding auditor independence, the Board of Directors has
      responsibility for appointing, setting compensation and overseeing the work
      of
      the independent auditor. In recognition of this responsibility, the Board of
      Directors has established a policy to pre-approve all audit and permissible
      non-audit services provided by the independent auditor.




Prior
      to
      engagement of the independent auditor for the next year’s audit, management will
      submit an aggregate of services expected to be rendered during that year for
      each of the following four categories of services to the Board of Directors
      for
      approval.




1. **Audit** services
      include audit work performed in the preparation of financial statements, as
      well
      as work that generally only the independent auditor can reasonably be expected
      to provide, including comfort letters, statutory audits, and attest services
      and
      consultation regarding financial accounting and/or reporting standards.




2. **Audit-Related** services
      are for assurance and related services that are traditionally performed by
      the
      independent auditor, including due diligence related to mergers and
      acquisitions, employee benefit plan audits, and special procedures required
      to
      meet certain regulatory requirements.




3. **Tax** services
      include all services performed by the independent auditor’s tax personnel except
      those services specifically related to the audit of the financial statements,
      and includes fees in the areas of tax compliance, tax planning, and tax advice.




4. **Other
      Fees** are
      those associated with services not captured in the other categories.




Prior
      to
      engagement, the Board of Directors pre-approves these services by category
      of
      service. The fees are budgeted and the Board of Directors requires the
      independent auditor and management to report actual fees versus the budget
      periodically throughout the year by category of service. During the year,
      circumstances may arise when it may become necessary to engage the independent
      auditor for additional services not contemplated in the original pre-approval.
      In those instances, the Board of Directors requires specific pre-approval before
      engaging the independent auditor.




The
      Board
      of Directors may delegate pre-approval authority to one or more of its members.
      The member to whom such authority is delegated must report, for informational
      purposes only, any pre-approval decisions to the Board of Directors at its
      next
      scheduled meeting.




Our
      Board
      of Directors pre-approved the retention of Madsen and Associates, CPA’s Inc. for
      all audit and audit-related services during fiscal 2007.





14




**SIGNATURES**




In
      accordance with Section 13 or 15 of the Exchange Act, the Registrant caused
      this
      Report to be signed on its behalf by the undersigned, thereunto duly authorized.




Asianada,
                Inc.Dated:
                October 15, 2007
            By:
            /s/
              Robert S. EllinRobert
                S. Ellin
              Chairman
                of the Board,
              Chief
                Executive Officer




In
      accordance with the requirements of the Exchange Act, this Report has been
      signed below by the following persons in the capacities and on the dates
      indicated.





**Signatures**
            
            **Title**
            
            **Date**/s/
                Robert S. Ellin
            
            Director
                and Chief Executive
            
            October
                15, 2007Robert
                S. Ellin
            
            OfficerDirector
                and Secretary
            
            October
                15, 2007/s/
                Jay A. WolfJay
                A. WolfChief
                Financial Officer
            
            October
                15, 2007/s/
                Charles BentzCharles
                Bentz





15