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| x ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|----------------------------------------------------------------------------------|
|                                                                             |
| For the fiscal year ended February 28, 2011                                 |
|                                                                             |
| o TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT     |
|                                                                             |
| For the transition period from _________ to ________                             |
|                                                                             |
| Commission file number:  000-53926                                     |

| DE ACQUISITION 3, INC.                                 |
|--------------------------------------------------------|
| (Exact name of registrant as specified in its charter) |

| Delaware                                                                                | 27-2205684                                |
|-----------------------------------------------------------------------------------------|-------------------------------------------|
| (State or other jurisdiction of incorporation or organization)                          | (I.R.S. Employer Identification No.)      |
|                                                                                    |                                      |
| c/o New Asia Partners, LLCUS Bancorp Center, Suite 2690800 Nicollet MallMinneapolis, MN |    55402                   |
| (Address of principal executive offices)                                                | (Zip Code)                                |
|  Registrant’s telephone number:  (612) 279-2030               |                                      |
|                                                                                    |                                      |
| Securities registered under Section 12(b) of the Exchange Act:                          |                                      |
|                                                                                    |                                      |
| Title of each class of common stock                                                     | Name of each exchange on which registered |
| None                                                                                    | not applicable                            |
|                                                                                    |                                      |
| Securities registered under Section 12(g) of the Exchange Act:                          |                                      |
|                                                                                    |                                      |
| Title of each class                                                                     | Name of each exchange on which registered |
| Common Stock, par value $0.0001                                                         | not applicable                            |

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| Large accelerated filer o | Accelerated filer o         |
|---------------------------|-----------------------------|
| Non-accelerated filer o   | Smaller reporting company x |

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| Name and Address                                                                  |   | Amount and Nature ofBeneficial Ownership |      |                        | Percentageof Class |   |
|---------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------|-----------|-----------------------------|-------------------------|--------|
|                                                                                        |   |                                                         |      |                        |                    |   |
| New Asia Partners, LLCUS Bancorp Center, Suite 2690800 Nicollet MallMinneapolis, MN 55402   |   |                                                         | 4,325,000 |                        |                    |   | 86.50 | % |
|                                                                                        |   |                                                         |      |                        |                    |   |   |   |
| Newport Capital LLC2740 West Lake of the Isles ParkwayMinneapolis, MN 55416                 |   |                                                         | 3,892,500 | (1)                         |                    |   | 77.85 | % |
|                                                                                        |   |                                                         |      |                        |                    |   |   |   |
| Wildwood Capital LLC2461 Wildwood Dr.Shakopee, MN 55379                                     |   |                                                         | 432,500   | (2)                         |                    |   | 8.65 | % |
|                                                                                        |   |                                                         |      |                        |                    |   |   |   |
| Dennis Nguyen (3)US Bancorp Center, Suite 2690800 Nicollet MallMinneapolis, MN 55402        |   |                                                         | 3,892,500 | (4)                    |                    |   | 77.85 | %  |
|                                                                                        |   |                                                         |      |                        |                    |   |   |   |
| Todd Vollmers (5)US Bancorp Center, Suite 2690800 Nicollet MallMinneapolis, MN 55402        |   |                                                         | 432,500   | (6)     |                    |   | 8.65 | % |
|                                                                                        |   |                                                         |      |                        |                    |   |   |   |
| Wyncrest Capital, Inc.US Bancorp Center, Suite 2690800 Nicollet MallMinneapolis, MN 55402   |   |                                                         | 500,000   |                        |                    |   | 10 | % |
|                                                                                        |   |                                                         |      |                        |                    |   |   |   |
| Ronald E. EibensteinerU.S. Bancorp Center, Suite 2690800 Nicollet MallMinneapolis, MN 55402 |   |                                                         | 500,000   | (7)                         |                    |   | 10 | % |
|                                                                                        |   |                                                         |      |                        |                    |   |   |   |
| All Directors and Officers as a Group(2 individuals)                                        |   |                                                         | 4,325,000 |                        |                    |   | 86.50 | % |
|                                                                                        |   |                                                         |      |                        |                    |   |   |   |

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|   | (1) | Represents 3,892,500 of the 4,325,000 of common stock owned of record by New Asia Partners, LLC (“NAP”). Newport Capital LLC (“Newport”) owns approximately 90% of the outstanding interests of NAP and therefore may be deemed to beneficially own 3,892,500 of the shares owned by NAP, representing 77.85% of the shares of the Company. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | (2) | Represents 432,500 of the 4,325,000 shares of common stock owned of record by NAP. Wildwood Capital LLC (“Wildwood”) owns approximately 10% of the outstanding interests of NAP and therefore may be deemed to beneficially own 432,500 of the shares owned by NAP, representing 8.65% of the shares of the Company.                                                                                                      |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | (3) | Dennis Nguyen has served as President, Treasurer and sole Director of the Company since the change in control on March 1, 2011.                                                                                                                                                                                                                                                                                                       |
|   | (4) | Represents 3,892,500 of the 4,325,000 of common stock owned of record by NAP. Mr. Nguyen is the sole member of Newport. Therefore, Mr. Nguyen may be deemed to beneficially own 3,892,500 of the shares owned of record by NAP and beneficially by Newport, representing 77.85% of the shares of the Company.                                                                                                                         |
|   | (5) | Mr. Vollmers has served as Vice President and Corporate Secretary of the Company since the change in control on March 1, 2011.                                                                                                                                                                                                                                                                                                        |
|   | (6) | Represents 432,500 of the 4,325,000 shares of common stock owned of record by NAP. Mr. Vollmers is the sole member of Wildwood. Therefore, Mr. Vollmers may be deemed to beneficially own 432,500 of the shares owned of record by NAP and beneficially by Wildwood, representing 8.65% of the shares of the Company.                                                                                                                 |
|   | (7) | Represents the 500,000 shares of common stock owned of record by Wyncrest Capital, Inc. (“Wyncrest”). Mr. Eibensteiner is the President and CEO of Wyncrest, owns 100% of the outstanding common stock of Wyncrest and has sole voting and investment control over the shares of common stock owned of record by Wyncrest and therefore may be deemed to beneficially own the 500,000 shares owned of record by Wyncrest. |

| Exhibit |   | Description                                                                                                                                                                                                                                                        |
|---------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|    |   |                                                                                                                                                                                                                                                               |
| *3.1    |   | Articles of Incorporation                                                                                                                                                                                                                                          |
|    |   |                                                                                                                                                                                                                                                               |
| *3.2    |   | By-laws                                                                                                                                                                                                                                                            |
|    |   |                                                                                                                                                                                                                                                               |
| **10.1  |   | Securities Purchase Agreement, dated March 1, 2011                                                                                                                                                                                                                 |
|    |   |                                                                                                                                                                                                                                                               |
| **10.2  |   | Repurchase Agreement, dated March 1, 2011                                                                                                                                                                                                                          |
|    |   |                                                                                                                                                                                                                                                               |
| ***14.1 |   | Code of Ethics                                                                                                                                                                                                                                                     |
|    |   |                                                                                                                                                                                                                                                               |
| 31.1    |   | Certification of the Company’s Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the registrant’s Annual Report on Form 10-K for the year ended February 28, 2011                                 |
|    |   |                                                                                                                                                                                                                                                               |
| 31.2    |   | Certification of the Company’s Principal Executive Officer and Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the registrant’s Annual Report on Form 10-K for the year ended February 28, 2011 |
|    |   |                                                                                                                                                                                                                                                               |
| 32.1    |   | Certification of the Company’s Principal Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes Oxley Act of 2002                                                                                          |
|    |   |                                                                                                                                                                                                                                                               |
| 32.2    |   | Certification of the Company’s Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes Oxley Act of 2002                                                                                          |

| * | Filed as an exhibit to the Company's registration statement on Form 10, as filed with the SEC on April 6, 2010, and incorporated herein by this reference. |
|---|------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ** | Filed as an exhibit to the Company’s Current Report on Form 8-K, as filed with the SEC on March 7, 2011, and    incorporated herein by this reference. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| *** | Filed as an exhibit to the Company’s Annual Report on Form 10-K, as filed with the SEC on May 31, 2011, and incorporated herein by this reference. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------|

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| Date: June 6, 2011 | DE ACQUISIITON 3, INC. |                        |
|--------------------|------------------------|-----------------------------|
|               |                   |                        |   |
|               | By:                    | /s/ Dennis Nguyen      |   |
|               |                   | Dennis Nguyen               |   |
|               |                   | President              |   |
|               |                   | Principal Executive Officer |   |
|               |                   | Principal Financial Officer |   |

|                                           |   | Title                       |   | Date         |
|------------------------------------------------|--------|-----------------------------|--------|--------------|
|                                           |   |                        |   |         |
| /s/  Dennis Nguyen    |   | President and Sole Director |   | June 6, 2011 |
| Dennis Nguyen                                  |   |                        |   |         |

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