----

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| DELAWARE                                                      |   | 000-50413             |   | 98-0407797                        |
|---------------------------------------------------------------|--------|-----------------------|--------|-----------------------------------|
| (State or other jurisdiction ofincorporation or organization) |   | (Commission File No.) |   | (IRS Employee Identification No.) |

----

| Item 1.  | Financial Statements                                              | F-1 - F-12 |
|----------|-------------------------------------------------------------------|------------|
| Item 2.  | Management’s Discussion and Analysis of Financial Condition |  1    |
| Item 3.  | Quantitative and Qualitative Disclosures About Market Risk        |  1    |
| Item 4T. | Control and Procedures                                            |  2    |

|  Item 1  | Legal Proceedings                                           |  3 |
|---------------|-------------------------------------------------------------|---------|
|  Item 1A | Risk Factors                                                |  3 |
|  Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds |  3 |
|  Item 3. | Defaults Upon Senior Securities                             |  3 |
|  Item 4. | Removed and Reserved                                        |  3 |
|  Item 5. | Other Information                                           |  3 |
|  Item 6. | Exhibits                                                    |  3 |

----

| FINANCIAL STATEMENTS                                                                                                                                                                   | Page #  |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------|
|                                                                                                                                                                                   |    |
| Balance Sheets as of September 30, 2010 (Unaudited) and December 31, 2009                                                                                                              | F-2     |
|                                                                                                                                                                                   |    |
| Statements of Operations for the Nine and Three Months Ended September 30, 2010 and 2009 and for the Period from September 19, 2003 (Inception) through September 30, 2010 (Unaudited) | F-3/F-4 |
|                                                                                                                                                                                   |    |
| Statement of Stockholders’ Equity (Deficit) for the Period from September 19, 2003 (Inception) through September 30, 2010 (Unaudited)                                            | F-5     |
|                                                                                                                                                                                   |    |
| Statements of Cash flows for the Nine Months Ended September 30, 2010 and 2009 and for the Period from September 19, 2003 (Inception) through September 30, 2010 (Unaudited)           | F-6     |
|                                                                                                                                                                                   |    |
| Notes to the Financial Statements (Unaudited)                                                                                                                                          | F-7     |

----

|                                                                                                                             |   |              |       |   |             |   |
|----------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|------------|--------|------------------|--------|
| ASSETS                                                                                                                           |   |              |       |   |
|                                                                                                                             |   | September 30,2010 |       |   | December 31,2009 |   |
|                                                                                                                             |   | (Unaudited)       |       |   |             |   |
| Current Assets:                                                                                                                  |   |              |       |   |             |   |
| Cash                                                                                                                             |   | $                 | 33,052     |   |             | $      | - |   |
| Total current assets                                                                                                             |   |              | 33,052     |   |             |   | - |   |
| TOTAL ASSETS                                                                                                                     |   | $                 | 33,052     |   |             | $      | - |   |
|                                                                                                                             |   |              |       |   |             |   |   |   |
| LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)                                                                                   |   |              |       |   |             |
|                                                                                                                             |   |              |       |   |             |   |   |   |
| Current Liabilities:                                                                                                             |   |              |       |   |             |   |   |   |
| Accrued expenses                                                                                                                 |   | $                 | 1,025      |   |             | $      | 14,400 |   |
|                                                                                                                             |   |              |       |   |             |   |   |   |
| Total Current Liabilities                                                                                                        |   |              | 1,025      |   |             |   | 14,400 |   |
|                                                                                                                             |   |              |       |   |             |   |   |   |
| Stockholders' Equity (Deficit):                                                                                                  |   |              |       |   |             |   |   |   |
| Common stock: $0.001 par value; 50,000,000 shares authorized; 29,640,000 and 100,000 shares issued and outstanding, respectively |   |              | 29,640     |   |             |   | 100 |   |
| Additional paid-in capital                                                                                                       |   |              | 1,460,110  |   |             |   | - |   |
| Deficit accumulated during the development stage                                                                                 |   |              | (1,457,723 | )      |             |   | (14,500 | ) |
| Total Stockholders’ Equity (Deficit)                                                                                       |   |              | 32,027     |   |             |   | (14,400 | ) |
|                                                                                                                             |   |              |       |   |             |   |   |   |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)                                                                       |   | $                 | 33,052     |   |             | $      | - |   |

----

|                                                                                         |   |   For theNine Months EndedSeptember 30, 2010 |              |   |   For theNine Months EndedSeptember 30, 2009 |   |           | For thePeriod From September 19, 2003(Inception)throughSeptember 30, 2010 |   |
|----------------------------------------------------------------------------------------------|--------|--------------------------------------------------------|-------------------|--------|--------------------------------------------------------|--------|----------------|---------------------------------------------------------------------------|--------|
|                                                                                         |   |                                                   |              |   |                                                   |   |           |                                                                      |   |
| Revenues                                                                                     |   | $                                                      | 8,000             |   |                                                   | $      | -              |                                                                      |   | $ | 8,000 |   |
|                                                                                         |   |                                                   |              |   |                                                   |   |           |                                                                      |   |   |   |   |
| Operating expenses:                                                                          |   |                                                   |              |   |                                                   |   |           |                                                                      |   |   |   |   |
|                                                                                         |   |                                                   |              |   |                                                   |   |           |                                                                      |   |   |   |   |
| Professional fees                                                                            |   |                                                   | 33,283            |   |                                                   |   | 1,500          |                                                                      |   |   | 47,683 |   |
| Stock compensation                                                                           |   |                                                   | 1,415,500         |   |                                                   |   | -              |                                                                      |   |   | 1,415,600 |   |
| General and administrative                                                                   |   |                                                   | 2,440             |   |                                                   |   | -              |                                                                      |   |   | 2,440 |   |
|                                                                                         |   |                                                   |              |   |                                                   |   |           |                                                                      |   |   |   |   |
| Total operating expenses                                                                     |   |                                                   | 1,451,223         |   |                                                   |   | 1,500          |                                                                      |   |   | 1,465,723 |   |
|                                                                                         |   |                                                   |              |   |                                                   |   |           |                                                                      |   |   |   |   |
| Loss before income taxes                                                                     |   |                                                   | (1,443,223        | )      |                                                   |   | (1,500         | )                                                                         |   |   | (1,457,723 | ) |
|                                                                                         |   |                                                   |              |   |                                                   |   |           |                                                                      |   |   |   |   |
| Income tax provision                                                                         |   |                                                   | -                 |   |                                                   |   | -              |                                                                      |   |   | - |   |
|                                                                                         |   |                                                   |              |   |                                                   |   |           |                                                                      |   |   |   |   |
| Net loss                                                                                     |   | $                                                      | (1,443,223        | )      |                                                   | $      | (1,500         | )                                                                         |   | $ | (1,457,723 | ) |
|                                                                                         |   |                                                   |              |   |                                                   |   |           |                                                                      |   |   |   |   |
| Net loss per common share –       basic and diluted |   | $                                                      | (0.10             | )      |                                                   | $      | (0.02          | )                                                                         |   | $ | (0.88 | ) |
| Weighted average number of common shares outstanding – basic and diluted               |   |                                                   |   14,262,234 |   |                                                   |   |   100,000 |                                                                      |   |   |   1,661,506 |   |
|                                                                                         |   |                                                   |              |   |                                                   |   |           |                                                                      |   |   |   |   |

----

|                                                                                         |   | For theThree Months EndedSeptember 30, 2010 |              |   | For theThreeMonths EndedSeptember 30, 2009 |   |
|----------------------------------------------------------------------------------------------|--------|---------------------------------------------|-------------------|--------|--------------------------------------------|--------|
|                                                                                         |   |                                        |              |   |                                       |   |
| Revenues                                                                                     |   | $                                           | 2,000             |   |                                       | $      | - |   |
|                                                                                         |   |                                        |              |   |                                       |   |   |   |
| Operating expenses:                                                                          |   |                                        |              |   |                                       |   |   |   |
|                                                                                         |   |                                        |              |   |                                       |   |   |   |
| Professional fees                                                                            |   |                                        | 16,722            |   |                                       |   | 500 |   |
| General and administrative                                                                   |   |                                        | 1,266             |   |                                       |   | - |   |
|                                                                                         |   |                                        |              |   |                                       |   |   |   |
| Total operating expenses                                                                     |   |                                        | 17,988            |   |                                       |   | 500 |   |
|                                                                                         |   |                                        |              |   |                                       |   |   |   |
| Loss before income taxes                                                                     |   |                                        | (15,988           | )      |                                       |   | (500 | ) |
|                                                                                         |   |                                        |              |   |                                       |   |   |   |
| Income tax provision                                                                         |   |                                        | -                 |   |                                       |   | - |   |
|                                                                                         |   |                                        |              |   |                                       |   |   |   |
| Net Loss                                                                                     |   | $                                           | (15,988           | )      |                                       | $      | (500 | ) |
|                                                                                         |   |                                        |              |   |                                       |   |   |   |
| Net loss per common share –       basic and diluted |   | $                                           | (0.00             | )      |                                       | $      | (0.01 | ) |
| Weighted average number of common shares outstanding – basic and diluted               |   |                                        |   29,640,000 |   |                                       |   |   100,000 |   |
|                                                                                         |   |                                        |              |   |                                       |   |   |   |

----

|                                                                                                  |   |   Common Shares |       |   |    Amount |   |   |  Additional Paid-in Capital |   |   | DeficitAccumulatedDuring theDevelopmentStage |   |   | Total Stockholders’ Equity(Deficit) |       |
|-------------------------------------------------------------------------------------------------------|--------|---------------------------|------------|--------|--------------------------|--------|--------|----------------------------------|--------|--------|----------------------------------------------|--------|--------|-------------------------------------------|------------|
|                                                                                                  |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      |       |
| September 23, 2009 (Inception)                                                                        |   |                      | 100,000    |   |                     | $      | 100    |                             |   | $      | -                                            |   |   | $                                         | -          |   |   | $ | 100 |   |
|                                                                                                  |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      |       |   |   |   |   |   |
| Net loss                                                                                              |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      | (1,050     | ) |   |   | (1,050 | ) |
| Balance, December 31, 2003                                                                            |   |                      | 100,000    |   |                     |   | 100    |                             |   |   | -                                            |   |   |                                      | (1,050     | ) |   |   | (950 | ) |
|                                                                                                  |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      |       |   |   |   |   |   |
| Net loss                                                                                              |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      | (1,250     | ) |   |   | (1,250 | ) |
| Balance, December 31, 2004                                                                            |   |                      | 100,000    |   |                     |   | 100    |                             |   |   | -                                            |   |   |                                      | (2,300     | ) |   |   | (2,200 | ) |
|                                                                                                  |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      |       |   |   |   |   |   |
| Net loss                                                                                              |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      | (1,650     | ) |   |   | (1,650 | ) |
| Balance, December 31, 2005                                                                            |   |                      | 100,000    |   |                     |   | 100    |                             |   |   | -                                            |   |   |                                      | (3,950     | ) |   |   | (3,850 | ) |
|                                                                                                  |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      |       |   |   |   |   |   |
| Net loss                                                                                              |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      | (1,800     | ) |   |   | (1,800 | ) |
| Balance, December 31, 2006                                                                            |   |                      | 100,000    |   |                     |   | 100    |                             |   |   | -                                            |   |   |                                      | (5,750     | ) |   |   | (5,650 | ) |
|                                                                                                  |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      |       |   |   |   |   |   |
| Net loss                                                                                              |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      | (2,250     | ) |   |   | (2,250 | ) |
| Balance, December 31, 2007                                                                            |   |                      | 100,000    |   |                     |   | 100    |                             |   |   | -                                            |   |   |                                      | (8,000     | ) |   |   | (7,900 | ) |
|                                                                                                  |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      |       |   |   |   |   |   |
| Net loss                                                                                              |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      | (3,250     | ) |   |   | (3,250 | ) |
| Balance, December 31, 2008                                                                            |   |                      | 100,000    |   |                     |   | 100    |                             |   |   | -                                            |   |   |                                      | (11,250    | ) |   |   | (11,150 | ) |
|                                                                                                  |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      |       |   |   |   |   |   |
| Net loss                                                                                              |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      | (3,250     | ) |   |   | (3,250 | ) |
| Balance, December 31, 2009                                                                            |   |                      | 100,000    |   |                     |   | 100    |                             |   |   | -                                            |   |   |                                      | (14,500    | ) |   |   | (14,400 | ) |
|                                                                                                  |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      |       |   |   |   |   |   |
| Accrued expenses paid by   Stockholder                                                 |   |                      |       |   |                     |   |   |                             |   |   | 12,650                                       |   |   |                                      | -          |   |   |   | 12,650 |   |
|                                                                                                  |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      |       |   |   |   |   |   |
| Stock issued for compensation   at $0.05 per share on   January 5, 2010 |   |                      | 3,310,000  |   |                     |   | 3,310  |                             |   |   | 162,190                                      |   |   |                                      | -          |   |   |   | 165,500 |   |
|                                                                                                  |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      |       |   |   |   |   |   |
| Sale of common stock at $0.05   per share on February 16, 2010                         |   |                      | 1,230,000  |   |                     |   | 1,230  |                             |   |   | 60,270                                       |   |   |                                      | -          |   |   |   | 61,500 |   |
|                                                                                                  |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      |       |   |   |   |   |   |
| Sale of common stock at $0.05   per share on June 14, 2010                             |   |                      | 25,000,000 |   |                     |   | 25,000 |                             |   |   | 1,225,000                                    |   |   |                                      | -          |   |   |   | 1,250,000 |   |
|                                                                                                  |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      |       |   |   |   |   |   |
| Net loss                                                                                              |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      | (1,443,223 | ) |   |   | (1,443,223 | ) |
| Balance, September 30, 2010                                                                           |   |                      | 29,640,000 |   |                     | $      | 29,640 |                             |   | $      | 1,460,110                                    |   |   | $                                         | (1,457,723 | ) |   | $ | 32,027 |   |
|                                                                                                  |   |                      |       |   |                     |   |   |                             |   |   |                                         |   |   |                                      |       |   |   |   |   |   |
| See accompanying notes to the financial statements.                                                   |   |

----

|                                                                        |   | NineMonthsendedSeptember 30, 2010 |       |   | NineMonthsendedSeptember 30, 2009 |   |   | Period fromSeptember 19,2003 (Inception)throughSeptember 30,2010 |   |
|-----------------------------------------------------------------------------|--------|-----------------------------------|------------|--------|-----------------------------------|--------|--------|------------------------------------------------------------------|--------|
| Cash Flows From Operating Activities:                                       |   |                              |       |   |                              |   |   |                                                             |   |
| Net loss                                                                    |   | $                                 | (1,443,223 | )      |                              | $      | (1,500 | )                                                                |   | $ | (1,457,723 | ) |
| Adjustments to reconcile net loss to net cash used in operating activities: |   |                              |       |   |                              |   |   |                                                             |   |   |   |   |
| Stock based compensation                                                    |   |                              | 1,415,500  |   |                              |   | -      |                                                             |   |   | 1,415,600 |   |
| Changes in operating assets and liabilities:                                |   |                              |       |   |                              |   |   |                                                             |   |   |   |   |
| Accrued expenses                                                            |   |                              | (13,375    | )      |                              |   | 1,500  |                                                             |   |   | 1,025 |   |
| Net cash used in operating activities                                       |   |                              | (41,098    | )      |                              |   | -      |                                                             |   |   | (41,098 | ) |
|                                                                        |   |                              |       |   |                              |   |   |                                                             |   |   |   |   |
| Cash Flows From Financing Activities:                                       |   |                              |       |   |                              |   |   |                                                             |   |   |   |   |
| Payment of accrued expenses by   stockholder                 |   |                              | 12,650     |   |                              |   | -      |                                                             |   |   | 12,650 |   |
| Proceeds from sale of common stock                                          |   |                              | 61,500     |   |                              |   | -      |                                                             |   |   | 61,500 |   |
| Net cash provided by financing activities                                   |   |                              | 74,150     |   |                              |   | -      |                                                             |   |   | 74,150 |   |
|                                                                        |   |                              |       |   |                              |   |   |                                                             |   |   |   |   |
| Net increase in cash                                                        |   |                              | 33,052     |   |                              |   | -      |                                                             |   |   | 33,052 |   |
|                                                                        |   |                              |       |   |                              |   |   |                                                             |   |   |   |   |
| Cash at beginning of period                                                 |   |                              | -          |   |                              |   | -      |                                                             |   |   | - |   |
|                                                                        |   |                              |       |   |                              |   |   |                                                             |   |   |   |   |
| Cash at end of period                                                       |   | $                                 | 33,052     |   |                              | $      | -      |                                                             |   | $ | 33,052 |   |
|                                                                        |   |                              |       |   |                              |   |   |                                                             |   |   |   |   |
| Supplemental disclosures of cash flow   information          |   |                              |       |   |                              |   |   |                                                             |   |   |   |   |
| Interest paid                                                               |   | $                                 | -          |   |                              | $      | -      |                                                             |   | $ | - |   |
| Income tax paid                                                             |   | $                                 | -          |   |                              | $      | -      |                                                             |   | $ | - |   |
|                                                                        |   |                              |       |   |                              |   |   |                                                             |   |   |   |   |

----

|   | The company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------|

----

----

|   | Commitments and contingencies |
|--------|-------------------------------|

|   | The Company follows subtopic 450-20 of the FASB Accounting Standards Codification to report accounting for contingencies.  Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Cash flows reporting |
|--------|----------------------|

|   | The Company adopted paragraph 230-10-45-24 of the FASB Accounting Standards Codification for cash flows reporting, classifies cash receipts and payments according to whether they stem from operating, investing, or financing activities and provides definitions of each category, and uses the indirect or reconciliation method (“Indirect method”) as defined by paragraph 230-10-45-25 of the FASB Accounting Standards Codification to report net cash flow from operating activities by adjusting net income to reconcile it to net cash flow from operating activities by removing the effects of (a) all deferrals of past operating cash receipts and payments and all accruals of expected future operating cash receipts and payments and (b) all items that are included in net income that do not affect operating cash receipts and payments.  The Company reports the reporting currency equivalent of foreign currency cash flows, using the current exchange rate at the time of the cash flows and the effect of exchange rate changes on cash held in foreign currencies is reported as a separate item in the reconciliation of beginning and ending balances of cash and cash equivalents and separately provides information about investing and financing activities not resulting in cash receipts or payments in the period pursuant to paragraph 830-230-45-1 of the FASB Accounting Standards Codification. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Subsequent events |
|--------|-------------------|

|   | The Company follows the guidance in Section 855-10-50 of the FASB Accounting Standards Codification for the disclosure of subsequent events. The Company will evaluate subsequent events through the date when the financial statements were issued.  Pursuant to ASU 2010-09 of the FASB Accounting Standards Codification, the Company as an SEC filer considers its financial statements issued when they are widely distributed to users, such as through filing them on EDGAR. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|                   | ACE CONSULTING MANAGEMENT, INC. |
|------------------------|---------------------------------|
|                   |                            |
| Date: November 8, 2010 | By:                   | /s/ Alex Jen |
|                   |                            | Chief Executive Officer |
|                   |                            | Chief Financial Officer |