|                                                                                  |
|--------------------------------------------------------------------------------------|
| **UNITED  STATESSECURITIES   AND  EXCHANGE   COMMISSIONWashington,   D.C.    20549** |

|   | OMBAPPROVAL                      |
|-------|----------------------------------|
|   | OMB Number:3235-0065             |
|   | Expire: January 31, 2020         |
|   | Estimated average burden         |
|   | hours per response ......... 667 |

| **FORM 10-K/A**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  

[**X**] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended: **March 31, 2018**
or
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934
For the transition period from                  to
Commission file number: **333-210916****Landbay Inc**(Exact name of registrant as specified in its charter) 
**New York**(State or other jurisdiction of incorporation or organization) 
**81-1260549**(I.R.S. Employer Identification Number) 
**3906 Main Street, 207, Flushing, NY11354**(Address of principal executive offices) (Zip Code) 
**646-508-6285**(Registrant's telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act: Title of Each ClassName of each exchange on which registeredClass A Common ShareNone
Securities registered pursuant to section 12(g) of the Act: **It isn't applable!**(Title of class) 

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.    Yes [  ]    No [**X**]
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.    Yes [  ]    No [**X**]
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 ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has beensubject to such filing requirements for the past 90 days.    Yes [**X**]    No [  ]
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every InteractiveData File required to be submitted and posted pursuant to Rule 405 of Regulation S-T ( 232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was required to submit and post such files).    Yes [**X**]    No [  ]
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (229.405 of this chapter) is not containedherein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by referencein Part III of this Form 10-K or any amendment to this Form 10-K.          [  ]
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reportingcompany. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the ExchangeAct.
Large accelerated filer  [  ]                                                     Accelerated filer [  ]
Non-accelerated filer  [  ] (Do not check if a smaller reporting company)       Smaller reporting company [ **X** ]
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).    Yes [  ]    No [**X**]
The aggregate market value of the voting and non-voting stock held by non-affiliates of the registrant as of March 31, 2018, the last business day of the registrant's most recently completed first fiscal quarter, was $416 based upon the IPO price.
Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Section 12, 13 or15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.   Yes [  ]   No [**X**]
As of March 31, 2018, the registrant had 9,638,650 shares of Class A common stock outstanding.DOCUMENTS INCORPORATED BY REFERENCE
A prospectus for issuing the class A common shares of the registrant was filed to Securities & exchange Commissions by Form S-1/A on December 23, 2016.
 

1**Back to Top**
 **LANDBAY INCFORM 10-K/ATABLE  OF  CONTENTS**  **Note About Forward-Looking Statements**3  **PART I**   **Item 1. Business**3  **Item 1A. Risk Factors**4  **Item 1B. Unresolved Staff Comments**5  **Item 2. Properties**5  **Item 3. Legal Proceedings**5  **Item 4. Mine Safety Disclosures**5  **PART II**   **Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities**5  **Item 6. Selected Financial Data**7  **Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations**7  **Item 7A. Quantitative and Qualitative Disclosures About Market Risk**10  **Item 8. Financial Statements and Supplementary Data**11  **Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure**15  **Item 9A.Controls and Procedures**16  **Item 9B. Other Information**16  **PART III**   **Item 10.Directors, Executive Officers and Corporate Governance**17  **Item 11. Executive Compensation**22  **Item 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters**22  **Item 13. Certain Relationships and Related Transactions, and Director Independence**22  **Item 14.Principal Accounting Fees and Services**23  **PART IV**   **Item 15. Exhibits, Financial Statement Schedules**23  **Signatures**23
 

2**Back to Top**
 
**NOTE ABOUT FORWARD-LOOKING STATEMENTS**
This Annual Report on Form 10-K/A contains forward-looking statements. All statements contained in this Annual Report on Form 10-K/A other than statements of historical fact, including statements regarding our future results of operations and financial position, our business strategy and plans, and our objectives for future operations, are forward-looking statements. The words "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," and similar expressions are intended to identify forward-looking statements.
These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including those described in Part I, Item 1A, "Risk Factors" in this Annual Report on Form 10-K/A. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make.
We undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements, except as required by law. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.
Unless expressly indicated or the context requires otherwise, the terms "Landbay," "company," "we," "us," and "our" in this document refer to Landbay Inc., a New York corporation.
**PART I**
**Item 1. Business**
The Corporation is engaging in trading the spot silver in Canada's Markets.
The Corporation is engaging in holding or trading in securities in US markets, but owns or proposes to acquire investment securities have a value less than 40% of the valued of the total assets of the Corporation on an unconsolidated basis.
The Corporation is engaging in trading whisky in United Kingdom's Markets.
We have disclosured the businesses for trading the spot silver in Canada's Market, and we have disclosured the busineses for holding and trading securities in US markets.
The business for trading whisky in United Kingdom's markets:
1. The corporation started to trade whisky in United Kingdon's market since January 30, 2018, the whisky's brands which the corporation is trading are Benrinnes and Blair Athol.
2. We buy or will buy some whisky when their price is low, and we will sell these whisky when their price is high. The price difference between buy and sell, subtract the trading fees and the account expenses, will be the profit of the Corporation.
3. All whisky which the Corporation buy or will buy are outside of U.S.A, and all unused fund is deposited in broker's account in U.S.A..
4. The Corporation is using the trading System of  WhiskyInvestDirect.com to be the trading vehicle, to trade whisky.
WhiskyInvestDirect Limited is company number 09068458 and is registered in England and Wales at 12th Floor, Landmark House, Blacks Road, Hammersmith, London W6 9DP.
5. Whisky's Costodian:
WhiskyInvestDirect Limited registered in England and Wales, Company no. 09068458
Registered Office: 12th Floor, Landmark House, Blacks Road, Hammersmith, London W6 9DP
6. All whisky which the corporation bought, buy or will buy is insuranced.
7. Unused fund is deposited in Wells Fargo Bank, which is a bank in USA.
Branch address of Wells Fargo Bank, N. A.: 420 Montgomery Street, San Francisco, CA 94104
8. The factors for impacting the price of whisky which the Corporation will trade:
(1). The supply-demand relationship of whisky in United Kingdom's Market;
(2). The brand, kind and ages of whisky;
9. The trends of the whisky markets in United Kingdom. In recent years, the trends of the whisky markets in United Kingdom is up-trend.
10. The corporation's investment strategy for the whisky is a long term investment.
11. The Corporation won't use any trading advisors for trading whisky.
 

3**Back to Table  of  Contents**
 
12. Competitive business conditions and the smaller reporting company's competitive position in the industry and methods of competition:
The Corporation is engaged in trading whisky in United Kingdom. The important competition of the Corporation is the compitition of the whisky's price. When the supplement will exceed the demandment, the whisky's price will be going down. When the demandment will exceed the supplement, the whisky's price will be going up.
When wisky's price will be going down, it will be the opportunity that the Corporation will buy and hold more whisky. When the whisky's price will be going up, it will be the opportunity that the Corporation will sell whisky which the Corporation will be holding.
13.Effect of existing or probable governmental regulations on the business:
The business, which the Corporation is engaging in trading whisky in United kingdom, is regulated by the government of the United Kingdom.
14. Reports to security holders:
(1). If we are not required to deliver an annual report to security holders, we will voluntarily send an annual report include audited financial statements to security holders;
(2). We file reports with the Securities and Exchange Commission. We are a reporting company, and we will file Form S-1, Form 10-K, Form 10-Q, Form 8-K, Form 3, Form 4 and Form 5 and other information with the Commission;
(3). The public may obtain information on the operation of the Public Reference Room by calling the Commission at 1-800-SEC-0330. The Commission maintains an Internet site that contains reports, proxy and information statements, and other information regarding registrants that file electronically with the Commission and the address of that site (http://www.sec.gov). Our Internet address: http://www.xiewanjun.com.
**Item 1A. Risk Factors**
We have disclosured the risk factors which the Corporation is engaging in trading the spot silver in Canada's Market.
We have disclosured the risk factors which the Corporation is engaging in trading and holding securities in US Market.
The risk factors for holding and trading in whisky:
1. Policies' Risk
If some restrict policies for whisky will be issued by UK government, all whisky's price in the UK market are falling, and then loses are brought to shareholders.
2. Trading platform's Risk
If the WhiskyInvestDirect.com which is the trading platform will be going bankrupcy, the corporation will lose fund.
3. Custodian's Risk
If the WhiskyInvestDirect Limited which is the custodian will be going bankrupcy, the corporation will lose properties.
4. Risk in Trading Process
In current market, the important trading ways are the trading by internet. There are the follow same risk factors:
(1). Because the reasons of technology and equipment, make the risk that the trading entrust functions can't be used or delayed, and the transferring functions can't be used or delayed.
(2). Because relevant private information, example for trading password, shareholders' code, fund account, etc. are disclosure, and incur the risk that the investor's will is be violated.
(3). In the process of all kinds entrusting trading, because the mistakes or the invalid operations of investors, make loses to the investors.
(4). Because factors which can't be predicted and controlled, make the risk that system incur malfunction, equipment incur malfunction, communication incur malfunction, power cut or other outburst accident, and make that the trading can't be  proceeded.
5. Risk of the Force Majeure
Because earthquake, typhoon, flood, fire disaster, war, strike or other force majeure reasons, make the risk that the whisky market can't be normal to trade, or the properties are lost.
 

4**Back to Table  of  Contents**
 
**Item 1B. Unresolved Staff Comments**
None
**Item 2. Properties**
We have disclosedthe Properties of the Corporation.
**Item 3. Legal Proceedings**
None
**Item 4. Mine Safety Disclosures**
It isn't applicable.
**PART II**
**Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities**
1. Market for Registrant's Common Equity and Related Stockholder Matters:
(1). There isn't an established public trading market for class A common shares of the Corporation.
(2). Because we are small company, so we are very difficult to find a market maker who like to help the Corporation to file 211 process in FINRA, so there is an absence of an established public trading market.
(3). On December 23, 2016, the class A common shares of the Corporation are registered in SEC by Form S-1/A, and price of per share was $0.0000001 in its IPO. After the corporation had made two times 1-for-100 reverse split, As of March 31, 2018, the price of per share was $0.001.
(4). The class A common shares of the Corporation are registered by Form S-1, As of March 31, 2018, there is no established United States public trading market. The amount of class A common shares was 99,900,000,000 class A common shares. As of March 31, 2018, 99,900,000 class A common shares authorized, 9,990,000 class A common shares issued, 9,638,650 class A common shares outstanding.
(5). As of March 31, 2018, the approximate number of holders of class A common shares of the registrant are 29.
(6). The class A common shares of the Corporation are registered by Form S-1, Larison Inc own directly 95.68% class A common shares of the Corporation. Wanjun Xie is the beneficial owner, and he own indirectly 95.68% class A common shares of the Corporation. Wanjun Xie is the director and the officer of Larison Inc, at same time, Wanjun Xie is the director and the officer of the Corporation.
(7). There aren't any cash dividends declared on each class of its common equity by the registrant for the two most recent fiscal years, any subsequent interim period and in the foreseeable future.
(8). There aren't the securities authorized for issuance under equity compensation plans.
2. There aren't any unregistered securities of the Corporation to be issued.
 

5**Back to Table  of  Contents**
 
3. Use of proceeds from registered securities
(1). The effective date was December 23, 2017; the Commission file number was 333-210916.
(2). The offering date was December 24, 2017.
(3). The offering has terminated. It wasn't terminated before the sale of all securities registered.
(4). The securities registered are Class A common shares.
(5). Class A common share which were provided for the account of the issuer: the amount registered and sold was 99,900,000,000 shares; the aggregate price of the offering amount registered was $0.0000001. There weren't securities to be provided for the account(s) of any selling security holder.
(6). From the effective date of the Securities Act registration statement to the ending date of the reporting period, the amount of expenses incurred for the issuer's account in connection with the issuance and distribution of the securities registered for underwriting discounts and commissions: Finders' fees was $0; expenses paid to or for underwriters was $0; other expenses was $0; total expenses was$0
(7). Direct or indirect payments to directors, officers, general partners of the issuer or their associates was $0; to persons owning ten (10) percent or more of any class of equity securities of the issuer was $0; and to affiliates of the issuer was $0.
(8). Direct or indirect payments to others was $0.
(9). The net offering proceeds to the issuer after deducting the total expenses was $9,990.
(10). From the effective date of the Securities Act registration statement to the ending date of the reporting period, the amount of net offering proceeds to the issuer used for construction of plant, building and facilities; purchase and installation of machinery and equipment was $0; purchases of real estate was $0; acquisition of other business(es) was $0; repayment of indebtedness was $0; working capital was $9,990; temporary investments was $0; and any other purposes for which at least five (5) percent of the issuer's total offering proceeds or $100,000 has been used was $0.
(11). There weren't any payment to be direct or indirect payments to directors, officers, general partners of the issuer or their associates; to persons owning ten (10) percent or more of any class of equity securities of the issuer; and to affiliates of the issuer.
(12). There weren't any payment to be direct or indirect payments to others.
(13). There weren't the use of proceeds of this Item represents a material change in the use of proceeds described in the prospectus.
 

6**Back to Table  of  Contents**
 
**Item 6. Selected Financial Data**
The Corporation is a small reporting company. A small reporting company isn't required to report this item.
**Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations**
The following discussion and analysis should be read in conjunction with the financial statements of Landbay Inc., and the related notes included elsewhere in this statement. The historical financial data discussed below reflects the historical results and financial position of Landbay Inc. In addition, this discussion and analysis contains forward looking statements and involves numerous risks and uncertainties, including those described under "Cautionary Note Regarding Forward-Looking Statement" and "Risk Factors". Actual results may differ materially from those contained in any forward looking statements.
Overview
Industry Environment
Landbay Inc is engaging in trading the spot silver in Canada Market, at same time, Landbay Inc is engaging in holding or trading in securities in US market, but owns or proposes to acquire investment securities have a value less than 40% of the valued of the total assets of Achison Inc on an unconsolidated basis.The Corporation is trading and holding whisky in UK market.
1. The business that the Corporation is trading the spot silver was impacted by the international circumstances, and the business was impacted by the market's analysis and market's prediction of the Corporation:
(1). US dollar is appreciation; the international political situation is stable; a financial status and the economy status in some countries are good; deflation in some countries happen; the rate of US dollar is fall, demand exceed supply seriously, and so on, the price of silver will going down. This is the opportunity that the Corporation will buy and hold the spot silver.
(2). US dollar is depreciation; chaos caused by war; a volatile international political situation; a financial crisis in some countries; inflation in some countries; the rate of US dollar is raising, supply exceed demand seriously, and so on, the price of silver will going up. This is the opportunity that the Corporation will sell its spot silver, and gain profits.
(3). We don't consider these to be a known trend or uncertainty that our reasonable expect will have a material impact on the company's liquidity, capital resources or results of operations.
2. The business that the Corporation is trading some securities was impacted by the domecstic circumstances, and the business was impacted by the market's analysis and market's prediction of the Corporation:
The corporation purchase or will purchase the securities in open markets., at same time, the corporation purchase or will purchase the securities of affiliates.
3. The business that the Corporation is trading whisky was impacted by the branck, kind and ages of whisky, and the business was impacted by the market's analysis and market's prediction of the Corporation.
 

7**Back to Table  of  Contents**
 
Reduce Risk:
1. We tried to reduce the risk when we were trading the spot silver:
(1). We will always keep enough cash in our trading account to against the risk factors.
(2). We won't use a leverage trading, a margin trading or a financial trading. We will always to use the own funds of the Corporation to trade the spot silver.
(3). We assume that the Risk Factors will happen at any time, but we try to reduce any risks when we are in trading the spot silver.
The Corporation will carry on the diversified management to avoid the risk that silver will lose their financial features, and become the plain metals.
2. We tried to reduce the risk when we are holding and trading securities:
(1). We will always keep enough cash in our trading account to against the risk factors.
(2). We won't use a leverage trading, a margin trading or a financial trading. We will always to use the own funds of the Corporation to trade and hold securities.
(3). We assume that the Risk Factors will happen at any time, but we try to reduce any risks when we are in trading securities.
2. We tried to reduce the risk when we are holding and trading whisky:
(1). We will always keep enough cash in our trading account to against the risk factors.
(2). We won't use a leverage trading, a margin trading or a financial trading. We will always to use the own funds of the Corporation to trade and hold whisky.
(3). We assume that the Risk Factors will happen at any time, but we try to reduce any risks when we are in trading securities.
Primary Sources of Revenues
The primary sources of revenues of the Corporation were trading income and other incomes.
Primary Expenses
The primary expenses are the trading expenditure, the professional expenditure the office expenditure and the bank fees.
Components of Results of Operations
Revenue
Trading incoming: The primary incomes of the Corporation were tradingthe spot silver, securities and whisky.
Cost of Revenue and Operating Expenses
Cost of revenue: The cost of revenue was the trading fees, the custodian's fees, the bank fees, the offcies supplies and the professional fees.
Results of Operations
The following tables set forth our condensed statements of income data: Ended March 31, 2018Revenue$(7,290)Total Expenses$781Excess of Revenue over Expenses before Taxes$(8,071)NY State Tax-NYC Tax-Net income (lose)$(8,071)
The following table set forth our condensed statements of income data (as a percentage of revenue):
 

8**Back to Table  of  Contents**
 
Revenue Ended March 31, 2018 From April 1, 2017 to March 1, 2018Revenue:    Gain (lose) from Investments$1,533   Trading Commissions$11   Interest Income$645   Unrealized Gain (lose) from Investments$(8,032)Total Revenue$(7,290)
Cost of Revenue Ended March 31, 2018 From April 1, 2017 to March 31, 2018Expenses:    Bank Service Charges$365   Custodian Fees$146   Account Fees$220   Office Supplies-   Legal & Professional$50Total Revenue$(7,290)Percentage of Revenue-
Provision for income taxes Ended March 31, 2018 From April 1, 2017 to March 31, 2018Provision for Income Taxes-Effective Tax Rate-
Full Fiscal Years
The Corporation was registered in New York State on January 28, 2016, the last fiscal years from April 1, 2017 to March 31, 2018.  We can discuss the financial condition, changes in financial condition and results of operations of the Corporation since April 1, 2017 to March 31, 2018.
Liquidity and Capital Resources
Our capital resources were the investment from the owner and affiliates, the loan without interest from affiliates, the granted fund from affiliates and income from its operations.
Our Capital Resources sources were our cash. Cash were $1,496 as of March 31, 2018..
 

9**Back to Table  of  Contents**
 
Cash Provided by Operating Activities
$40,887 cash was invested in the spot silver, whisky and securities trading as of March 31, 2018.
Off-Balance Sheet Arrangements
We did not have any off-balance sheet arrangements as of  March 31, 2018.
Contractual Obligations
The Corporation didn't have any contractual obligations as of  March 31, 2018.
Obligations or Liabilities
The total obligations or liabilities (including contingent obligations or liabilities) of the Corporation was $0 as of March 31, 2018.
Contingencies
The Corporation didn't have any contingencies as of  March 31, 2018.
Material Favorable Impact on Net Revenues or Income
The Corporation didn't have any material favorable impact on net revenues or income as of March 31, 2018.
Inflation and Other Changes in Prices
The inflation and other changes in prices didn't impact the Corporation's net revenues and income from continuing operations.
**Item 7A. Quantitative and Qualitative Disclosures About Market Risk**
As a result of our operating and financing activities, we are exposed to market risks such as interest rate risk, foreign currency exchange rate risk and credit risk. We have implemented policies and procedures designed to measure, manage, monitor and report risk exposures, which are regularly reviewed by the appropriate management and supervisory bodies.
The Corporation shall provide, in the registrant statement, quantitative information about market risk as of the end of  March 31, 2018, and the period was from April 1, 2017 to  March 31, 2018.
Interest Rate Risk
Our have exposure to market risk for changes in interest rates relating to our cash and cash equivalents, short-term and long-term investments, short-term and long-term restricted cash and investments, and indebtedness.
As of March 31, 2018, our cash and cash equivalents were $1,496, short-term investments were $40,887, long-term investments were $0, short-term restricted cash and investments were $0, long-term restricted cash and investments were $0, and indebtedness were $0. All these investments are denominated in U.S. dollars. The changes in interest rates don't impact the earnings of the Corporation.
A hypothetical decrease in long-term interest rates to zero basis points would not impact annual pre-tax earnings as of March 31, 2018, assuming no change in the amount or composition of our cash and cash equivalents, short-term and long-term investments and short-term and long-term restricted cash and investments.
As of March 31, 2018, we had $0 in outstanding debt. A hypothetical 100 basis point increase in long-term interest rates would not impact annual pre-tax earnings as of March 31, 2018, assuming no change in the volume or composition of our outstanding indebtedness and no hedging activity.
Foreign Currency Exchange Rate Risk
1. Market Risk for Trading Purpose
The Corporation is using US dollars to trade the spot silver, securities and whisky, so the Corporation isn't subject to foreign currency exchange rate risk.
2. Market Risk for Other than Trading Purpose
The Corporation is using US dollars to trade the spot silver, whisky and securities, so the Corporation isn't subject to foreign currency exchange rate risk.
3. Credit Risk
We are exposed to credit risk in our operations in the event of a brokerages default. We limit our exposure to credit risk by rigorously selecting the brokerages with which we make our trading.
An ongoing review is performed to evaluate changes in the status of brokerages. In addition to the intrinsic credit worthiness of brokerages.
For a summary of the risks associated with this investment activity and how these risks are mitigated, see "Risk Factors" in the registrant report.
Impact of Inflation
We have not been adversely affected by inflation when we are trading the spot gold, the spot silver and securities. In the event of inflation, we believe that we will be able to pass on any price increases to our business, as the prices that we charge are not governed by long-term contracts.
 

10**Back to Table  of  Contents**
 
 
**Item 8. Financial Statements and Supplementary Data**
**LANDBAY INC.FINANCIAL STATEMENTS (AUDITED)March 31, 2018**
 
**INDEPENDENT ACCOUNTANTS' AUDIT REPORT**
To the Board of Directors and Shareholder(s) ofLandbay Inc.Flushing, NY
I have audited the accompanying balance sheet of Landbay Inc. as of March 31, 2018 and March 31, 2017, and the related statement of income, and cash flows for the fiscal years then ended, and the related notes to the financial statements.
The Company's management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of consolidated financial statements that are free from material misstatement, whether due to fraud or error.
My responsibility is to express an opinion on these financial statements based on my audit.  I conducted the audit in accordance with the standards of the Public Company Accounting Oversight Board (PCAOB) of the 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 involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements.  The procedures selected depend on the auditor's judgement, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.  In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements to design audit procedures that are appropriate in the circumstances, but not for expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statement.
I believe that the audit evidence we have obtained is sufficient and appropriate to provide a reasonable basis for our audit opinion.
In my opinion, the financial statements referred to previously present fairly, in all material respects, the financial position of Landbay Inc. as of March 31, 2018 and March 31, 2017, and the results of its operations and its cash flows for the fiscal years then ended in conformity with accounting principles generally accepted in the United States of America.
Ahmed Associates CPA P.C
New Hyde Park, NY
June 30, 2018
 
 

11**Back to Table  of  Contents**
 
 
**LANDBAY INCBALANCE SHEETS (AUDITED)AS OF March 31, 2018 and 2017**
 

**ASSETS**    Mar 31, 2018Mar 31, 2017**Current assets:**      Cash & cash equivalents$1,496$12,489    Short Term Investment$40,887$6,003        **Total current assets**$42,383$18,492   **Other Assets**      Notes Receivable$25,000-   **TOTAL ASSETS**$67,383$18,492   **LIABILITIES AND STOCKHOLDER'S EQUITY**
**Current Liabilities:**      Account payable--    Tax payable--    Loans Payable-$7,000        **Total current liabilities**-$7,000   **Stockholder's equity:**      Common Stock: 0.001 Par Value; 999,000,000 Shares authorized; 9,990,000 shares issued; 9,638,650 shares outstanding$9,990$9,990    Additional paid-in capital$67,639$3,324    Retained earnings (Deficit) $(9,895)$(1,822)    Less: Treasury Stocks$(351)-        **Total stockholder's equity**$67,383$11,492   **Total liabilities and stockholder's equity**$67,383$18,492

**LANDBAY INCSTATEMENT OF REVENUES AND EXPENSES (AUDITED)FOR THE YEAR ENDED MARCH 31, 2018 AND March 31, 2017**
 Mar 31, 2018Mar 31, 2017**Revenues:**      Gain (loss) from Investment$1,533$97    Trading Commissions$11$25    Interest and Income$645-    Unrealized Gain (lose) from Investment$(8,032)$184       Less: Fee and commission expense)$(1,447)$(4)   **Net profit(lose)**$(7,290)$302   **Expenses:**      Bank Service Charges$365$177    Custodian Fees$146$173    Account Fees$220$550    Office Supplies-$23    Franchise Tax$50-    Legal & Professinal-$1,000**Total Expenses**$781$1,923   **Excess of Revenues over Expenses before Taxes**$(8,071)$(1,621)   **Provision for Taxes**      NY State Tax--    NYC Tax--   **Net income (loss)**$(8,071)$(1,621)
 

12**Back to Table  of  Contents**
 
                   -
**LANDBAY INCSTATEMENT OF CHANGES IN STOCKHOLDER'S EQUITY (AUDITED)FOR THE YEAR ENDED MARCH 31, 2018**
Shareholder's equity-April 1, 2017$11,492  Add: Net (Lose) for the period from April 01, 2017 to March 31, 2018$(8,071)  Add: Additional paid-in capital from April 01, 2017 to March 31, 2018$64,313  Less: (Treasury Stocks)$(351)  Shareholder's equity-March 31, 2018$67,383
**LANDBAY INCSTATEMENT OF CASH FLOWS (AUDITED)FOR THE YEAR ENDED MARCH 31, 2018 AND 2017**
 Mar 31, 2018Mar 31, 2017**Cash flows from operating activities:**      Net Income (lose)$(8,071)$(1,621)    Adjustments to reconcile net income to net cash provided by operations activities:          Depreciation--    (Increase)decrease in assets:          Account receivables--        Short term investments$(34,884)$(5,947)    (Increase)decrease in liabilities:          Account payables--**Net cash provided by (used in) operating activities**$(42,955)$(7,568)   **Cash flows from investing activities:**      Long term investments--**Net cash provided by (used in) investing activities**--   **Cash flows from financing activities:**      Notes Receivable$(25,000)-    Loan (Loans Pay off)$(7,000)$7,000    Capital stock-$9,990    Additional paid-in (paid-out) capital$64,313$1,129    Treasury Stocks$(351)-**Net cash provided by (used in) financing activities**$31,962$18,119   **Net increase (decrease) in cash and cash equivalents**$(10,993)$10,551   **Cash and cash equivalent-April 01, 2017 and April 01, 2016 (Inception)**$12,489$1,938   **Cash and equivalents-March 31, 2018 and March 31, 2017**$1,496$12,489   **SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:         Cash paid during the period for:          Interest expenses--        Tax expenses--
 

13**Back to Table  of  Contents**
 
 
**LANDBAY INCNOTES TO FINANCIAL STATEMENTS (AUDITED)March 31, 2017**
**NOTE 1.  ORGANIZATION AND BUSINESS ACTIVITIES**
Landbay Inc., the Company, incorporated in the State of New York on January 28, 2016, is engagedin the investment activities of the spot gold and silver trading.
During in its initial operations, the company opened a trading account in Bullion Vault which thebrokerage firm registered in England to start trading activities. Currently, the Company is engagedin trading spot silver in Canadian markets and trading equity securities in US markets.
Additionally, as of January 30, 2018 the Company began trading Whisky in United Kingdom'smarkets.
**NOTE 2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**
a. Basis of Presentation
The accompanying financial statements have been prepared in accordance with accountingprinciples generally accepted in the United States of America (GAAP).
The company was incorporated on January 28, 2016, and the Company started its operations to tradethe spot gold and spot silver on March 26, 2016. Additionally, it started to trade equity securitieson March 08, 2017 and Whisky .
These accompanying financial statements of the Company is for the period from April 01, 2017, toMarch 31, 2018.
b. Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting principlesrequires management to make estimates and assumptions that affect the reported amounts of assetsand liabilities and disclosure of contingent assets and liabilities at the date of the financial statementsand the reported amounts of revenues and expenses during the reporting period. Actual results coulddiffer from those estimates.
c. Income Taxes
The Company is responsible for paying federal, state and local income tax and, accordingly,provisions are made for income taxes.
d. Basis of measurement
The financial statements have been prepared on the historical cost basis, except for the followingmaterial items in the statement of financial position:
(a). All short-term investments including spot gold and spot silver and equity investments areconsidered Trading Securities
(b). Short-term investments at fair value through gains or losses are measured at fair value
**NOTE 2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)**
e. Cash and Cash Equivalents
The financial statements are presented in US dollar, which is the Company's functional currency.Cash and cash equivalents include cash on hand; cash in banks and brokerage accounts and all highlyliquid investments with maturity of three months or less at the time purchase.
The Company maintains its cash balance at a financial institution located in New York, a tradingaccount in Bullion Vault which is in England and with Alpine Securities, which is a brokerage firmin Salt Lake City, Utah. Cash account at the New York institution are insured by the Federal DepositInsurance Corporation up to $250,000. At times during the year, the cash balances may exceed theFDIC insurance limits. The following is a schedule of cash and cash equivalents at the year endedon March 31, 2018:
Cash in Bank and brokerage accounts $1,496
f. Revenue Recognition
The company recognizes capital gains and losses from the spot gold trading, spot silver trading andequity security trading at the time it sells spot gold or silver and investment securities from thetrading through brokerage firms. Additionally, it recognizes unrealized gains and losses throughadjustments to the fair market value at the end of each period. The change in fair market value isreported on the income statement under "Revenues" - "Unrealized Gain (loss) from investments".
**NOTE 3.  EARNINGS PER SHARE**
Net loss per common share is computed pursuant to section 260-10-45 of the FASB AccountingStandards Codification. Basic net loss per share is computed by dividing net loss by the weightedaverage number of shares of common stock outstanding during the period. Diluted net loss per shareis computed by dividing net loss by the weighted average number of shares of common stock andpotentially outstanding shares of common stock during each period. There were no potentiallydilutive shares outstanding as of March 31, 2018.
 

14**Back to Table  of  Contents**
 
 
**NOTE 4.  SHORT TERM INVESTMENTS**
The Company considers all investment assets other than marketable securities that can and will besold within one year to be short term investments. Landbay, Inc. operated a trading account inBullion Vault to trade the spot gold and spot silver, since those investments in the account can besold online and can be traded anytime in near future as the Company's primary activity source, theCompany treats the Bullion Vault account as short term investments assets. Additionally, LandbayInc. trades investment securities through it's brokerage account with Alpine Securities, the intent isto also trade these securities within 1 year of it's acquisition date and therefore classified as ShortTerm Investments. On January 30, 2018 the Company started to engage in Whisky Exchange. Asof March 31, 2018, the Short Term Investment holdings were as follows:Bullion Property (kg)(Kg)Valuation in $(USD) Toronto Silver53,458$28,055Totals: $28,055
 Other InvestmentUnits Valuation in $(USD) Stocks3,148$8,499Whisky Property (LPA)1,120$4,333Totals:-$12,832
 
**NOTE 5.  STOCKHOLDER'S EQUITY**
On February 2nd, 2018, the Company made a 2nd reverse 1-for-100 stock split and authorized anadditional 989,010,000 of common stocks, therefore; The company has a total authorized999,000,000 shares of common stocks with a par value of 0.001 per share. There are currently9,990,000 shares of common stocks issued and 9,638,650 shares of common stocks outstanding asof March 31, 2018. As of March 31, 2018, the Company bought back a total of 351,350 of TreasuryStocks. In the period from April 01, 2017 to March 31, 2018, the Company didn't issue any otherstock types other than common stocks, options and warrants; the Company didn't have any sharebasedcompensation, related to employee share-based awards, Tax benefit from share-based awardactivities.
**NOTE 6. RELATED PARTY TRANSACTIONS**
The Company has been provided office space by its president at no cost. The managementdetermined that such cost is nominal and did not recognize the rent expense in its financialstatements.
Larison Inc. owns 9,222,350 (approximately 95.86%) the common stock that are outstanding ofLandbay Inc.
The Company's president, Mr. Wanjun Xie owns 100% of common stocks issued and outstandingof Larison Inc and is also the president and CEO of that entity.
As of March 31, 2018 there is $25,000 loans outstanding to Larison Inc. It is a short term loanthat bears no interest and will be paid back within 12 months. Since this is a short term loan, imputedinterest need not be calculated as it is rendered immaterial.
**Supplementary Data**
The Corporation didn't have any item which looks for changes caused by such events as: disposals of business segments; extraordinary, unusual or infrequently occurring items; and matters related to gas and oil.
**Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure**
We have disclosured the Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.
 

15**Back to Table  of  Contents**
 
**Item 9A. Controls and Procedures**
**Evaluation of Disclosure Controls and Procedures**
Our management, with the participation of our chief executive officer (CEO) and chief financial officer (CFO), has evaluated the effectiveness of our disclosure controls and procedures (as defined in Rules 13a- 15(e) and 15d- 15(e) under the Securities Exchange Act of 1934, as amended (Exchange Act)), as of the end of the period covered by this Annual Report on Form 10-K. Based on such evaluation, our CEO and CFO have concluded that as of March 31, 2018, our disclosure controls and procedures are designed at a reasonable assurance level and are effective to provide reasonable assurance that information we are required to disclose in reports that we file or submit under the Exchange Act is recorded, processed, summarized, and reported within the time periods specified in the rules and forms of the Securities and Exchange Commission (SEC), and that such information is accumulated and communicated to our management, including our CEO and CFO, as appropriate, to allow timely decisions regarding required disclosure.
**Management's Report on Internal Control over Financial Reporting**
Our management is responsible for establishing and maintaining adequate internal control over financial reporting (as defined in Rule 13a-15(f) under the Exchange Act). Management conducted an assessment of the effectiveness of our internal control over financial reporting based on the criteria set forth in Internal Control - Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework). Based on the assessment, management has concluded that its internal control over financial reporting was effective as of March 31, 2018 to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements in accordance with U.S. GAAP. Our independent registered public accounting firm, Ahmed and Associates CPA P.C. , has issued an audit report with respect to our internal control over financial reporting, which appears in Part II, Item 8 of this Annual Report on Form 10-K.
**Changes in Internal Control**
There were no changes in our internal control over financial reporting identified in management's evaluation pursuant to Rules 13a-15(d) or 15d-15(d) of the Exchange Act during the period from April 01, 2016 to March 31, 2018 that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
**Limitations on Effectiveness of Controls and Procedures and Internal Control over Financial Reporting**
In designing and evaluating the disclosure controls and procedures and internal control over financial reporting, management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives. In addition, the design of disclosure controls and procedures and internal control over financial reporting must reflect the fact that there are resource constraints and that management is required to apply judgment in evaluating the benefits of possible controls and procedures relative to their costs.
**Item 9B. Other Information**
As of March 31, 2018 there is $25,000 loans outstanding to Larison Inc, APR is 10%.
Wanjun Xie is director, president and the 100% owner of Larison Inc, at same time, Wanjun xie is director, president and the about 95.68% benefitary owner of landbay Inc. 
 

16**Back to Table  of  Contents**
 
**PART III**
**Item 10. Directors, Executive Officers and Corporate Governance**
Directors, executive officers, promoters and control persons:
1. Directors:
Directors: Wanjun Xie, 51 years old.
Wanjun Xie is the president, chief executive office, chief financial officer and chief principle officer of Landbay Inc.
Wanjun Xie is the sole director and the sole officer of Landbay Inc.
Wanjun Xie' term of office as director:None
Period as director:
From June 1, 2017 to May 31, 2019
Describe briefly any arrangement or understanding between Wanjun Xie and any other person(s) pursuant to which he was or is to be selected as a director or nominee: None
2. Executive Officers:
Sole executive officer: Wanjun Xie, 51 years old.
Wanjun Xie is the director, president, chief executive office, chief financial officer and chief principle officer of Landbay Inc.
Wanjun Xie' term of office as officer: None
Period as director:
From June 1, 2017 to May 31, 2019
Describe briefly any arrangement or understanding between Wanjun Xie and any other person(s) pursuant to which he was or is to be selected as an officer: None
3. Certain Significant Employees: None
4. State the nature of any family relationship between any director, executive officer, or person nominated or chosen by the registrant to become a director or executive officer: None
5. Business Experience of all directors and Officers:
Wanjun Xie
Title: Sole director and sole officer of Landbay Inc
Employers during past five years:
Name of employers (Self-employed): Lansdale IncTitle: presidentStart date of position held: Augest, 2014Job responsibilities: charge all affairs.
Name of employers (Self-employed): American Quickclean IncTitle: presidentStart date of position held: July, 2005Job responsibilities: charge all affairs.
Education:Degrees: bachelorSchools: Beijing Agriculture Engineer University (in China)Date: 09/1987-06/1991
Because Wanjun Xie are voluteer in Chinad Democracy Party Foundation Inc, so we amended the self-employed information of Wanjun Xie.
 

17**Back to Table  of  Contents**
 
6. The business experiences of Wanjun Xie during the past five years:
(1). Name: American Quickclean IncPrincipal business: mail boxes service.Wanjun Xie is the director and manager of American Quickclean Inc. Liuyan Li is the director and manager of American Quickclean Inc.
(2). Name: Lansdale IncPrincipal business: holding companyWanjun Xie is the director and president of Lansdale Inc. Liuyan Li is the director of Lansdale Inc.
(3). Name: Larison IncPrincipal business: holding companyWanjun Xie is the director and president of Larison Inc.
(4). Name: Blueville IncPrincipal business: Trading Platinum in UK marketWanjun Xie is the director and president of Blueville Inc.
(5). Name: Landbay IncPrincipal business: engaging in trading the spot silver in Canada's Markets, and trading whisky (including brand: Benrinnes and Blair Athol) in United Kingdem's market.Wanjun Xie is the director and president of Landbay Inc.
(6). Name: Linton IncPrincipal business: engaging in trading the spot gold in Switzerland's Markets, and trading whisky (including brand: Strathenry and Tullibardine) in United Kingdem's market.Wanjun Xie is the director and president of Linton Inc.
(7). Name: Dewriver IncPrincipal business: engaging in trading the spot silver in Switzerland's Markets, and trading whisky (including brand: Glen Spey and Inchgower) in United Kingdem's market.Wanjun Xie is the director and president of Dewriver Inc.
(8). Name: Achison IncPrincipal business: engaging in trading the spot silver in Singapore's Marketsr, and trading whisky (including brand: Dailuaine and Auchroisk) in United Kingdem's market.Wanjun Xie is the director and president of Achison Inc. Liuyan Li is the director of Achison Inc.
(9). Name: China Democracy Party Foundation IncPrincipal business: No-for-profit, promoting democracy, freedom and human right in China.Wanjun Xie is the president of China Democracy Development Foundation Inc. Liuyan Li is the secretary of China Democracy Party Foundation Inc.
(10). Name: China Democracy Development Foundation IncPrincipal business: No-for-profit, promoting democracy, freedom and human right in China.Wanjun Xie is the president of China Democracy Development Foundation Inc. Liuyan Li is the secretary of China Democracy Development Foundation Inc.On Fenuary 29, 2018, China Democracy Development Foundation Inc had been dissolution.
(11). Name: Lemont IncPrincipal business: engaging in trading the spot silver in United Kingdom's Markets.Wanjun Xie is the form director and the former president of Lemont Inc. Liuyan Li is the former director of Lemont Inc.On July 14, 2017, the Corporation had made a merger with Smoke Cartel Inc, and its name was changed to Smoke Cartel inc.
7. Wanjun Xie's promoters experience with other filers including filers that have and have not become qualified or effective:
(1). Name: Lemont IncCIK: 0001617216The filer has become qualified.Principal business: engaging in trading the spot silver in United Kingdom's Markets.Wanjun Xie is the director and president of Lemont Inc.On July 14, 2017, the Corporation had made a merger with Smoke Cartel Inc, and its name was changed to Smoke Cartel inc.
(2). Name: Landbay IncCIK: 0001627572The filer has become effective on December 23, 2016..Principal business: engaging in trading the spot silver in Canada's Markets, and trading whisky (including brand: Benrinnes and Blair Athol) in United Kingdem's market.Wanjun Xie is the director and president of Landbay Inc.
(3). Name: Linton IncCIK: 0001667790The filer has not become effective.Principal business: engaging in trading the spot gold in Switzerland's Markets, and trading whisky (including brand: Strathenry and Tullibardine) in United Kingdem's market.Wanjun Xie is the director and president of Linton Inc.
(4). Name: Achison IncCIK: 0001672571The filer has become effective on July 20, 2017..Principal business: engaging in trading the spot silver in Singapore's Marketsr, and trading whisky (including brand: Dailuaine and Auchroisk) in United Kingdem's market.Wanjun Xie is the director and president of Achison Inc.
(5). Name: Dewriver IncCIK: 0001743680The filer file Form D for issuing shares.Principal business: engaging in trading the spot silver in Switzerland's Markets, and trading whisky (including brand: Glen Spey and Inchgower) in United Kingdem's market.Wanjun Xie is the director and president of Dewriver Inc.
 

18**Back to Table  of  Contents**
 
8. The conflicts of interest with Wanjun Xie managing companies that are engaged in the same business:
Wanjun Xie is managing Landbay Inc, Achison Inc, Linton Inc and Dewriver Inc. All these companies are engaging in trading the spot gold, the spot silver and whisky. There are the inherent conflicts of interest with Wanjun Xie managing companies that are engaged in the same industry. This is a risk factor.
9. The reason that we are setting up several companies in same industry:
(1). Several companies, which Wanjun Xie is managing, are in same industry, but all these companies will do businesses in different markets or different brands.
Because all these companies are doing businesses in different markets or different brands, so the investors can choice to invest in one or more companies which are in different markets or different brands. It will disperse and reduce the risk of all investors.
(2). If we set up only one company, we must assemble almost our capital in one company. If the price of the spot gold, the spot silver and whisky will fall more than 50% within a short time, this company will fall into a crisis situation, and their holding companies (parents companies) won't have enough funds to rescue this company.
Because we set up several companies in same industry, we will split all our capital into several portions, and put each portion capital into each our companies, then each our companies will have a smaller capital. If the price of the spot gold, the spot silver and whisky will fall more than 50% within a short time, each our companies will fall into a crisis situation, but their holding companies (parents companies) will be keeping enough funds to rescue all these companies one by one. It will reduce the entire risk of each our companies in same industry. But we won't intend to aggregate each entity's funds into one parent company, we will be maintaining the assets in the individual entities.
10. Wanjun Xie's experience in running a public company:
(1). Name: Lemont IncCIK: 0001617216The filer has become qualified.Principal business: engaging in trading the spot silver in United Kingdom's Markets.Wanjun Xie is the director and president of Lemont Inc.On July 14, 2017, the Corporation had made a merger with Smoke Cartel Inc, and its name was changed to Smoke Cartel inc.
(2). Name: Landbay IncCIK: 0001627572The filer has become effective on December 23, 2016..Principal business: engaging in trading the spot silver in Canada's Markets, and trading whisky (including brand: Benrinnes and Blair Athol) in United Kingdem's market.Wanjun Xie is the director and president of Landbay Inc.
(3). Name: Linton IncCIK: 0001667790The filer has not become effective.Principal business: engaging in trading the spot gold in Switzerland's Markets, and trading whisky (including brand: Strathenry and Tullibardine) in United Kingdem's market.Wanjun Xie is the director and president of Linton Inc.
(4). Name: Achison IncCIK: 0001672571The filer has become effective on July 20, 2017..Principal business: engaging in trading the spot silver in Singapore's Marketsr, and trading whisky (including brand: Dailuaine and Auchroisk) in United Kingdem's market.Wanjun Xie is the director and president of Achison Inc.
(5). Name: Dewriver IncCIK: 0001743680The filer file Form D for issuing shares.Principal business: engaging in trading the spot silver in Switzerland's Markets, and trading whisky (including brand: Glen Spey and Inchgower) in United Kingdem's market.Wanjun Xie is the director and president of Dewriver Inc.
 

19**Back to Table  of  Contents**
 
11. Directorships during past five years:
(a). Name: American Quickclean IncWanjun Xie is the director of American Quickclean Inc.The company didn't have a class of securities registered. The company wasn't registered as an investment company.
(d). Name: Lansdale IncWanjun Xie is the director of Lansdale Inc.The company didn't have a class of securities registered. The company wasn't registered as an investment company.
(c). Name: Larison IncWanjun Xie is the director of Larison Inc.The company didn't have a class of securities registered. The company wasn't registered as an investment company.
(d). Name: Blueville IncWanjun Xie is the director of Blueville Inc.The company didn't have a class of securities registered. The company wasn't registered as an investment company.
(e). Name: Lemont IncWanjun Xie was the director of Lemont Inc.Wanjun Xie was the director in the company with a class of securities registered before July 14, 2017. The company wasn't registered as an investment company.
(f). Name: Landbay IncWanjun Xie is the director of Landbay Inc.Wanjun Xie was the director in the company with a class of securities registered. The company wasn't registered as an investment company.
(g). Name: Linton IncWanjun Xie is the director of Linton Inc.Wanjun Xie was the director in the company with a class of securities registered. The company wasn't registered as an investment company.
(h). Name: Dewriver IncWanjun Xie is the director of Dewriver Inc.Wanjun Xie was the director in the company with a class of securities registered.The company wasn't registered as an investment company.
(i). Name: Achison IncWanjun Xie is the director of Achison Inc.Wanjun Xie was the director in the company with a class of securities registered. The company wasn't registered as an investment company.
 

20**Back to Table  of  Contents**
 
12. Involvement in Certain Legal Proceedings:
None
13. Promoters and control persons.
Wanjun Xie was promoters and persons of Landbay Inc.
Wanjun Xie was the promotor of Landbay Inc, he wasn't involved in any events which was involvement in any legal proceedings during the past five years and that are material to a voting or investment decision.
Wanjun Xie was the control person of Landbay Inc, he wasn't involved in any events which was involvement in any legal proceedings during the past five years and that are material to a voting or investment decision.
14. Compliance with section 16(a) of the Exchange Act:
(1). Lanfbay Inc was a having a class of equity securities registered. Landbay Inc wasn't a closed-end investment company registered
(2). During the fiscal year, there weren't a director, officer, more than 10% beneficial owner who failed to file Form 3 and Form 4 on a timely basis.
(3). Forms 5 and amendments furnished to the Corporation with respect to its most recent fiscal year:
(a). Larison Inc was more than 10% beneficial owner of Landbay Inc. Larison Inc has filed Form 5 to the most recent fiscal year of Landbay Inc.
(b). Wanjun Xie was the director, officer and more than 10% beneficial owner of Landbay Inc. Wanjun Xie has filed Form 5 to the most recent fiscal year of Landbay Inc.
15.Corporate governance
(1). There aren't any material changes to the procedures by which security holders may recommend nominees to the Directors' board of the Corporation.
(2). The corporation don't meet the requirements of items 407(d)(4) of Regulation S-K.
(3). Wanjun Xie is acting the function of the audit committee financial expert of the Corporation.
16.Code of Ethics:Code of Ethics has been discloured before.
 

21**Back to Table  of  Contents**
 
**Item 11. Executive Compensation**
1. Compensation
There aren't any compensation awarded to, earned by, or paid to any of the named executive officers or directors required to be reported in last fiscal year.
2. Compensation Committee Interlocks and Insider Participation:
The Corporation has no compensation committee or other board committee performing equivalent functions.
Wanjun Xie is the sole officer and the sole director of the Corporation. The Corporation didn't have any deliberation for concerning executive officer compensation during the last completed fiscal year.
3. Describe any of relationships that existed during the last completed fiscal year:
(1). There isn't any executive officer of the corporation served as a member of the compensation committee (or other board committee performing equivalent functions or, in the absence of any such committee, the entire board of directors) of another entity one of whose executive officers served on the compensation committee (or other board committee performing equivalent functions or, in the absence of any such committee, the entire board of directors) of the Corporation;
(2). There isn't an executive officer of the Corporation served as a director of another entity, one of whose executive officers served on the compensation committee (or other board committee performing equivalent functions or, in the absence of any such committee, the entire board of directors) of the Corporation; and
(3). There isn't an executive officer of the Corporation served as a member of the compensation committee (or other board committee performing equivalent functions or, in the absence of any such committee, the entire board of directors) of another entity, one of whose executive officers served as a director of the Corporation.
(4). Wanjun Xie is a director of the Corporation, and he also serve as an executive officer of the follow entities:
American Quickclean Inc; Lansdale Inc; Larison Inc; Blueville Inc; Linton Inc; Dewriver Inc; Achison Inc, China Democracy Party Foundation Inc.
Please see the disclosure in the Transactions with related persons, promoters and certain control persons.
4. Compensation Committee Report:
Because the Corporation didn't have the compensation awarded to, earned by, or paid to the named executive officers, so they didn't discuss the compensation awarded to, earned by, or paid to the named executive officers.
**Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters**
1. The Corporation don't have any securities authorized for issuance under equity compensation plans.
2. Security ownership of certain beneficial owners and management:
 (1).Security ownership of certain beneficial owners: Title of ClassName and address of beneficial ownerAmount and nature of beneficial ownershipPercent of classClass A Common ShareLarison Inc, 3906 Main St., 207, Flushing, NY113549,222,350 Direct95.68%Class A Common ShareWanjun Xie, 3906 Main St., 207, Flushing, NY113549,222,350 Indirect95.68%
(2). Security ownership of management: Title of ClassName and address of beneficial ownerAmount and nature of beneficial ownershipPercent of classClass A Common ShareWanjun Xie, 3906 Main St., 207, Flushing, NY113549,222,350 Indirect95.68%
**Item 13. Certain Relationships and Related Transactions, and Director Independence**
1. As of March 31, 2018 there is $25,000 loans outstanding to Larison Inc, APR is 10%.
(1). Wanjun Xie is director, officer and the about 95.68% benefitary owner of Landbay Inc, at same time, Wanjun Xie is director, officer and 100% owner of Larison Inc.
(2). Larison Inc owen about 95.68% Class A common shares of Landbay Inc.
(3). As of March 31, 2018, the approximate dollar value of the amount involved in the transaction is $25,000.
(4). As of March 31, 2018, the approximate dollar value of the amount of Larison Inc's interest in the transaction is $0.
Promoters and certain control persons.
(1) . On December 23, 2016, the Corporation file a registration statement on Form S-1 under the Securities Act, but didn't file on Form 10 under the Exchange Act during the past five fiscal years.
(2). The Corporation isn't a shell company.
A list of all parents of the smaller reporting company showing the basis of control:
Larison Inc is parents company of the Corporation.
The material terms of agreement:
(1). Larison Inc will pay the loan within one year.
(2). The annual rate of the loan is 10%.
 

22**Back to Table  of  Contents**
 
**Item 14. Principal Accounting Fees and Services**
1. Auditor's Fees:
**The auditing fees to the current auditor was $10,000 since April 1, 2017 to March 31, 2018.**
The servicing fees for reviewing the 10-Q financial Statement was $1,000 since October 1, 2017 to December 31, 2017.
2. Fees for tax return:
The fees for reporting taxes was $1,000 since April 1, 2017 to March 31, 2018.
**PART IV**
**Item 15. Exhibits, Financial Statement Schedules**
** 7 Report of Independent Registered Public Accounting Firm
** 23 Consent of Independent Registered Public Accounting Firm 
** 31.1 Rule 13a-14(a)/15d-14(a) Certifications of Chief Executive Officer
** 31.2 Rule 13a-14(a)/15d-14(a) Certifications of Chief Financial Officer
** 32.1 18 U.S.C. Section 1350 Certificte of Chief Executive Officer
** 32.2 18 U.S.C. Section 1350 Certificte of Chief Financial Officer
** 101 INS  XBRL Instance Document
** 101 SCH XBRL Taxonomy Extension Schema Document
** 101 CAL XBRL Taxonomy Extension Calculation Document
** 101 LAB  XBRL Taxonomy Extension Labels Document
** 101 PRE  XBRL Taxonomy Extension Presentation Document
** 101 DEF XBRL Taxonomy Extension Definition Document
* Amended!
** Filed previously
**Signatures**
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report tobe signed on its behalf by the undersigned, thereunto duly authorized.
Signature By, Wanjun XiePresident(Principal Financial Officer)Date: July 10, 2018
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalfof the registrant and in the capacities and on the dates indicated.
Registrant: Landbay Inc
Signature By, Wanjun XiePresident(Chief Executive Officer)Date: July 10, 2018
Signature By, Wanjun XiePresident(Chief Financial Officer)Date: July 10, 2018

23**Back to Table  of  Contents**
 ****** |