UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


Washington,
D.C. 20549





FORM
10-Q





(Mark
One)




x QUARTERLY REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934




For the
Quarterly Period Ended December 31, 2010




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




For the
transition period from _____ to _____.




Commission File No.
000-54117





E-Band
Media, Inc.


(Exact
Name of Registrant as Specified in Its Charter)





Delaware
                      
                      27-2951584(State
      or Other Jurisdiction
                        Of
      Incorporation or Organization)
                      
                      (I.R.S.
      Employer Identification
                        Number)No.5
      West Section, Xidajie Street, Xinmi City,
                        Henan
      Province, P.R. China
                      
                      452370(Address
      of Principal Executive Offices)
                      
                      (Zip
      Code)





Registrant’s
telephone number, including area code: 86-371-
69999012





Indicate
by check mark whether the registrant (1) has filed all reports required to be
filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the registrant was required
to file such reports); and (2) has been subject to such filing requirements for
the past 90 days.


Yes x
                                No
 ̈





Indicate
by check mark whether the registrant has submitted electronically and posted on
its corporate Web site, if any, every Interactive Data File required to be
submitted and posted pursuant to Rule 405 of Regulation S-T ( § 232.405 of this
chapter) during the preceding 12 months (or for such shorter period that the
registrant was required to submit and post such files).


Yes  ̈
                                No
 ̈




Indicate
by checkmark whether the registrant is a large accelerated filer, an accelerated
filer, a non-accelerated filer or a smaller reporting company.  See
the definitions of “large accelerated filer,” “accelerated filer” and “smaller
reporting company” in Rule 12b-2 of the Exchange Act.  (Check
one):





Large
      accelerated filer
             ̈
            Accelerated
      filer
             ̈Non-accelerated
      filer
             ̈
            Smaller
      reporting company
            x(Do
      not check if a smaller reporting
company)





Indicate
by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Exchange Act).


Yes  ̈
                                No
x





As of
February 9, 2011, there were  11,150,000 outstanding shares of the
registrant’s common stock.







E-BAND
MEDIA, INC.





FORM
10-Q INDEX





Page NumberPART
      I – FINANCIAL INFORMATIONItem
      1.  Financial StatementsBalance
      Sheets
                
                1Statement
      of Operations
                
                2Statement
      of Changes in Stockholders’ Deficit
                
                3Statement
      of Cash Flows (Unaudited)
                
                4Notes
      to Financial Statements (Unaudited)
                
                5Item
      2.  Management’s Discussion and Analysis of Financial Condition
      and Results of Operations
                
                9Item
      3.    Quantitative and Qualitative Disclosures About
      Market Risk
                
                10Item
      4T.  Controls and Procedures
                
                10PART
      II – OTHER INFORMATIONItem
      1.     Legal Proceedings
                
                11Item
      1A.  Risk Factors
                
                11Item
      2.     Unregistered Sales of Equity Securities
      and Use of Proceeds
                
                11Item
      3.     Defaults Upon Senior
      Securities
                
                11Item
      4.     [Removed and Reserved].
                
                11Item
      5.     Other Information
                
                11Item
      6.     Exhibits
                
                12Signature
      Page
                
                13








PART I – FINANCIAL
INFORMATION


Item
1.





E-BAND
MEDIA, INC.


(A
DEVELOPMENT STAGE COMPANY)


BALANCE
SHEETS





December 31,
                      2010
                    
                    
                    June 30, 2010(Unaudited)
                    
                    
                    (Audited)ASSETSCurrent
      Assets:Cash
                    
                    $
                    -
                    
                    
                    $
                    -Total
      Current Assets
                    
                    
                    -
                    
                    
                    
                    -Total
      Assets
                    
                    $
                    -
                    
                    
                    $
                    -LIABILITIES AND STOCKHOLDERS'
      DEFICITCurrent
      Liabilities:
                    
                    $
                    -
                    
                    
                    $
                    -Total
      Current Assets
                    
                    
                    -
                    
                    
                    
                    -Total
      Liabilities
                    
                    
                    -
                    
                    
                    
                    -Stockholders'
      DeficitPreferred
      stock, $0.0001 par value, 20,000,000 shares authorized, none issued and
      outstanding as of Dec 31 and June 30, 2010
                    
                    
                    -
                    
                    
                    
                    -Common
      stock, $0.0001 par value, 100,000,000 shares authorized, 11,150,000 issued
      and outstanding as of Dec 31 and June 30, 2010
                    
                    $
                    1,115
                    
                    
                    $
                    1,115Paid
      in capital
                    
                    
                    -
                    
                    
                    
                    -Deficit
      accumulated during development stage
                    
                    
                    (1,115
                    )
                    
                    
                    (1,115
                    )Total
      Stockholders' Deficit
                    
                    
                    -
                    
                    
                    
                    -Total
      Liabilities and Stockholders' Deficit
                    
                    $
                    -
                    
                    
                    $
                    -





The
accompanying notes are an integral part of these  financial
statements.


1





E-BAND
MEDIA, INC.


(A
DEVELOPMENT STAGE COMPANY)


STATEMENTS
OF OPERATIONS





For the Three Months Ended December
                        31,
                      
                      
                      For the Six Months Ended December
                        31,
                      
                      
                      For the Period
                        from April 29,
                        2010 (Inception)
                        to December 31,2010
                      
                      
                      2009
                      
                      
                      2010
                      
                      
                      2009
                      
                      
                      2010(Unaudited)
                      
                      
                      (Unaudited)
                      
                      
                      (Unaudited)
                      
                      
                      (Unaudited)
                      
                      
                      (Unaudited)Revenues
                      
                      $
                      -
                      
                      
                      $
                      -
                      
                      
                      $
                      -
                      
                      
                      $
                      -
                      
                      
                      $
                      -Operating
      ExpensesGeneral  and
      administrative expenses
                      
                      
                      -
                      
                      
                      
                      -
                      
                      
                      
                      -
                      
                      
                      
                      -
                      
                      
                      
                      1,115-
                      
                      
                      
                      -
                      
                      
                      
                      -
                      
                      
                      
                      -Total
      Operating Expenses
                      
                      
                      -
                      
                      
                      
                      -
                      
                      
                      
                      -
                      
                      
                      
                      -
                      
                      
                      
                      1,115Net
      Loss
                      
                      $
                      -
                      
                      
                      $
                      -
                      
                      
                      $
                      -
                      
                      
                      $
                      -
                      
                      
                      $
                      (1,115
                      )Net
      Loss per share - Basic
                      
                      $
                      -
                      
                      
                      $
                      -
                      
                      
                      $
                      -
                      
                      
                      $
                      -
                      
                      
                      $
                      (0.000
                      )Weighted
      Average Shares Outstanding-
      Basic
                      
                      
                      -
                      
                      
                      
                      -
                      
                      
                      
                      -
                      
                      
                      
                      -
                      
                      
                      
                      11,150,000Net
      Loss per share - Diluted
                      
                      $
                      -
                      
                      
                      $
                      -
                      
                      
                      $
                      -
                      
                      
                      $
                      -
                      
                      
                      $
                      (0.000
                      )Weighted
      Average Shares Outstanding-
      Diluted
                      
                      
                      -
                      
                      
                      
                      -
                      
                      
                      
                      -
                      
                      
                      
                      -
                      
                      
                      
                      16,150,000





The
accompanying notes are an integral part of these financial
statements.


2





E-BAND
MEDIA, INC.


(A
DEVELOPMENT STAGE COMPANY)


STATEMENT
OF CHANGES IN STOCKHOLDERS' DEFICIT





DeficitAccumulatedAdditional
                          
                          
                          During
                          
                          
                          TotalCommon Stock
                          
                          
                          Paid-in
                          
                          
                          Development
                          
                          
                          Stockholders'Shares
                          
                          
                          Par Value
                          
                          
                          Capital
                          
                          
                          Stage
                          
                          
                          DeficitCommon
      Shares issued per Court order April 29, 2010 (inception)
                          
                          
                          1,085,000
                          
                          
                          $
                          108
                          
                          
                          $
                          -
                          
                          
                          $
                          -
                          
                          
                          $
                          108Common
      shares issued to offier in private placement, April 29,
    2010
                          
                          
                          10,065,000
                          
                          
                          
                          1,007
                          
                          
                          
                          -
                          
                          
                          
                          -
                          
                          
                          
                          1,007Net
      loss for the fiscal year ended June 30, 2010
                          
                          
                          -
                          
                          
                          
                          -
                          
                          
                          
                          -
                          
                          
                          
                          (1,115
                          )
                          
                          
                          (1,115
                          )Balance,
      June 30, 2010 ( Audited)
                          
                          
                          11,150,000
                          
                          
                          
                          1,115
                          
                          
                          
                          -
                          
                          
                          
                          (1,115
                          )
                          
                          
                          -Net
      loss for the period ended December 31, 2010
                          
                          
                          -
                          
                          
                          
                          -
                          
                          
                          
                          -
                          
                          
                          
                          -
                          
                          
                          
                          -Balance,
      December 31, 2010 (Unaudited)
                          
                          
                          11,150,000
                          
                          
                          
                          1,115
                          
                          
                          
                          -
                          
                          
                          
                          (1,115
                          )
                          
                          
                          -





The
accompanying notes are an integral part of these financial
statements.


3





E-BAND
MEDIA, INC.


(A
DEVELOPMENT STAGE COMPANY)


STATEMENTS
OF CASH FLOWS





For the Period fromApril 29, 2010(Inception)For the Six Months Ended December 31,
                  
                  
                  to December 31,2010
                  
                  
                  2009
                  
                  
                  2010(Unaudited)
                  
                  
                  (Unaudited)
                  
                  
                  (Unaudited)CASH
      FLOWS FROM OPERATING ACTIVITIES:Net
      loss
                  
                  $
                  -
                  
                  
                  $
                  -
                  
                  
                  $
                  (1,115
                  )Adjustments
      to reconcile net loss from operations to net cash used in operating
      activities:Stock
      issued for service
                  
                  
                  -
                  
                  
                  
                  
                  
                  
                  
                  1,115Changes
      in working capital
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -Net
      cash used in operating activities
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -CASH
      FLOWS FROM INVESTING ACTIVITIES:Net
      cash provided by investing activities
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -CASH
      FLOWS FROM FINANCING ACTIVITIES:Net
      cash provided by financing activities
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -NET
      INCREASE IN CASH
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -CASH
      - beginning of period
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -CASH
      - end of period
                  
                  $
                  -
                  
                  
                  $
                  -
                  
                  
                  $
                  -SUPPLEMENTAL
      DISCLOSURE OF CASH FLOW  INFORMATION:Cash
      paid for:Interest
                  
                  $
                  -
                  
                  
                  $
                  -
                  
                  
                  $
                  -Income
      taxes
                  
                  $
                  -
                  
                  
                  $
                  -
                  
                  
                  $
                  -NON-CASH
      INVESTING AND FINANCING ACTIVITIES:Common
      stock issued to founder for services rendered
                  
                  $
                  -
                  
                  
                  $
                  -
                  
                  
                  $
                  1,115





The
accompanying notes are an integral part of these  financial
statements.


4





E-BAND
MEDIA, INC.


(A
Development Stage Company)


Notes
to Financial Statements


December
31, 2010


(Unaudited)





NOTE 1.
NATURE AND BACKGROUND OF BUSINESS





E-Band
Media, Inc. ("the Company" or "the Issuer") was organized under the laws of the
State of Delaware on April 29, 2010. The Company was established as part of the
Chapter 11 reorganization of AP Corporate Services, Inc. ("AP"). Under AP's Plan
of Reorganization, as confirmed by the U.S. Bankruptcy Court for the Central
District of California, the Company was incorporated to: (1) receive and own any
interest which AP had in the development of an internet based medical consultation
service; and (2) issue shares of its common stock to AP's general unsecured
creditors, to its administrative creditors, and to its
shareholders.





Management
believes the Company lacks the resources to effectively develop such a medical
service on its own at this time and is therefore engaged in a search for a
strategic business partner or a merger or acquisition partner with the resources
to take the Company in a new direction and bring greater value to its
shareholders. The Company has been in the development stage since its formation
and has not yet realized any revenues from its planned operations.





The
Company has limited operations and in accordance with SFAS 7, is considered a
development stage company, and has had no revenues from operations to date. The
Company has not commenced significant operations and, in accordance with ASC
Topic 915, the Company is considered a development stage company.





NOTE
2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES





a.   BASIS
OF ACCOUNTING





The
Company’s financial statements are prepared using the accrual method of
accounting.  The Company has elected a June 30 year-end.





b.   BASIC
EARNINGS PER SHARE





The
Company computes net income (loss) per share in accordance with the FASB
Accounting Standards Codification (“ASC”). The ASC specifies the computation,
presentation and disclosure requirements for earnings (loss) per share for
entities with publicly held common stock.





Basic net
earnings (loss) per share amounts are computed by dividing the net earnings
(loss) by the weighted average number of common shares outstanding. Diluted
earnings (loss) per share are the same as basic earnings (loss) per share due to
the lack of dilutive items in the Company.





c.
ESTIMATES





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


5





d. CASH
and CASH EQUIVALENT





For the
Balance Sheet and Statements of Cash Flows, all highly liquid investments with
maturity of three months or less are considered to be cash
equivalents.





e. REVENUE
RECOGNITION





The
Company recognizes revenues and the related costs when persuasive evidence of an
arrangement exists, delivery and acceptance has occurred or service has been
rendered, the price is fixed or determinable, and collection of the resulting
receivable is reasonably assured.   Amounts invoiced or collected
in advance of product delivery or providing services are recorded as deferred
revenue. The Company accrues for warranty costs, sales returns, bad debts, and
other allowances based on its historical experience.





f.  STOCK-BASED
COMPENSATION





The
Company records stock-based compensation in accordance with the FASB Accounting
Standards Classification using the fair value method. All transactions in which
goods or services are the consideration received for the issuance of equity
instruments are accounted for based on the fair value of the consideration
received or the fair value of the equity instrument issued, whichever is more
reliably measurable. Equity instruments issued to employees and the cost of the
services received as consideration are measured and recognized based on the fair
value of the equity instruments issued.





g. INCOME
TAXES





Income
taxes are provided in accordance with the FASB Accounting Standards
Classification. A deferred tax asset or liability is recorded for all temporary
differences between financial and tax reporting and net operating loss carry
forwards. Deferred tax expense (benefit) results from the net change during the
year of deferred tax assets and liabilities.





Deferred
tax assets are reduced by a valuation allowance when, in the opinion of
management, it is more likely than not that some portion or all of the deferred
tax assets will not be realized. Deferred tax assets and liabilities are
adjusted for the effects of changes in tax laws and rates on the date of
enactment.





h. IMPACT
OF NEW ACCOUNTING STANDARDS





The
Company does not expect the adoption of recently issued accounting
pronouncements to have a significant impact on the Company's results of
operations, financial position, or cash flow.





NOTE 3.
GOING CONCERN





The
Company's financial statements are prepared in accordance with generally
accepted accounting principles applicable to a going concern. This contemplates
the realization of assets and the liquidation of liabilities in the normal
course of business. Currently, the Company does not have significant cash or
other material assets, nor does it have operations or a source of revenue
sufficient to cover its operation costs and allow it to continue as a going
concern. The president has committed to advancing certain operating costs of the
Company.





Management
plans to seek a strategic business partner or a merger or acquisition partner
with the resources to take the Company in a new direction and bring greater
value to its shareholders. Management has yet to identify any of these and there
is no guarantee that the Company will be able to identify such opportunities in
the future.


6





NOTE 4.
STOCKHOLDERS' EQUITY COMMON STOCK





The
authorized share capital of the Company consists of 100,000,000 shares of common
stock with $0.0001 par value, and 20,000,000 shares of preferred stock also with
$0.0001 par value. No other classes of stock are authorized.





COMMON
STOCK:  As of December 31, 2010, there were a total of 11,150,000
common shares issued and outstanding.





The
Company’s first issuance of common stock, totaling 1,085,000 shares, took place
on April 29, 2010 pursuant to the Chapter 11 Plan of Reorganization confirmed by
the U.S. Bankruptcy Court in the matter of AP Corporate Services, Inc. (“AP”).
The Court ordered the distribution of shares in E-Band Media, Inc. to all
general unsecured creditors of AP, with these creditors to receive their pro rata share (according to
amount of debt held) of a pool of 80,000 shares in the Company. The Court also
ordered the distribution of shares in the Company to all shareholders of AP,
with these shareholders to receive their pro rata share (according to
number of shares held) of a pool of 5,000 shares in the Company. The Court also
ordered the distribution of shares in the Company to all administrative
creditors of AP, with these creditors to receive one share of common stock in
the Company for each $0.10 of AP’s administrative debt which they
held.





The Court
also ordered the distribution of warrants in the Company to all administrative
creditors of AP, with these creditors to receive five warrants in the Company
for each $0.10 of AP’s administrative debt which they held. These creditors
received an aggregate of 5,000,000 warrants consisting of 1,000,000 “A Warrants”
each convertible into one share of common stock at an exercise price of $1.00;
1,000,000 “B Warrants” each convertible into one share of common stock at an
exercise price of $2.00; 1,000,000 “C Warrants” each convertible into one share
of common stock at an exercise price of $3.00; 1,000,000 “D Warrants” each
convertible into one share of common stock at an exercise price of $4.00; and
1,000,000 “E Warrants” each convertible into one share of common stock at an
exercise price of $5.00. All warrants are exercisable at any time prior to
January 4, 2014. This warrant distribution also took place on April 29,
2010.





Also on
April 29, 2010 the Company issued a total of 10,065,000 common shares in a
private placement. The shares were issued for services and costs advanced at par
value, which is $0.0001 per share.





As a
result of these issuances there were a total 11,150,000 common shares issued and
outstanding, and a total of 5,000,000 warrants to acquire common shares issued
and outstanding, at December 31, 2010.





PREFERRED
STOCK:  The authorized share capital of the Company includes
20,000,000 shares of preferred stock with $0.0001 par value. As of December 31,
2010 no shares of preferred stock had been issued and no shares of preferred
stock were outstanding.





NOTE 5.
INCOME TAXES





The
Company has had no business activity and made no U.S. federal income tax
provision since its inception on April 29, 2010.





NOTE 6.
RELATED PARTY TRANSACTIONS





The
Company neither owns nor leases any real or personal property. An officer of the
corporation provides office services without charge. Such costs are immaterial
to the financial statements and accordingly, have not been reflected therein.
The officers and directors for the Company are involved in other business
activities and may, in the future, become involved in other business
opportunities. If a specific business opportunity becomes available, such
persons may face a conflict in selecting between the Company and their other
business interests. The Company has not formulated a policy for the resolution
of such conflicts.


7





NOTE 7.
WARRANTS AND OPTIONS





On April
29, 2010 (inception), the Company issued 5,000,000 warrants exercisable into
5,000,000 shares of the Company’s common stock. These warrants were issued per
order of the U.S. Bankruptcy Court in the matter of AP Corporate Services, Inc.
(“AP”) to the administrative creditors of AP. These creditors received an
aggregate of 5,000,000 warrants consisting of 1,000,000 “A Warrants” each
convertible into one share of common stock at an exercise price of $1.00;
1,000,000 “B Warrants” each convertible into one share of common stock at an
exercise price of $2.00; 1,000,000 “C Warrants” each convertible into one share
of common stock at an exercise price of $3.00; 1,000,000 “D Warrants” each
convertible into one share of common stock at an exercise price of $4.00; and
1,000,000 “E Warrants” each convertible into one share of common stock at an
exercise price of $5.00. All warrants are exercisable at any time prior to
January 4, 2014. As of the date of this report, no warrants have been
exercised.





The fair
value of these warrants was estimated at the date of the Company’s inception,
April 29, 2010, which was also the date of the grant, using the Black-Scholes
Option Pricing Model with current value of the stock at $0.0001 (par value)
since there is no market for the stock at the time; dividend yield of 0%;
risk-free interest rate of 2.49% (5 year Treasury Note rate at the issue date);
and expiration date of 3.69 years. Since the stock does not trade, and since its
par value is $0.0001,the fair value of the warrants came out to be
zero.





NOTE 8.
COMMITMENT AND CONTINGENCY





There is
no commitment or contingency to disclose during the period ended December 31,
2010.





NOTE
9.  SUBSEQUENT EVENTS





On February 11, 2011, the Company
entered and closed a  Share Exchange Agreement (“Share Exchange
Agreement”), with certain  shareholders and warrant holders, Dean
Konstantine, Muzeyyen Balaban, Bernieta Masters, and Linda Masters, and with
China Green Refractories Limited ("China Green"), a BVI corporation, and its
shareholders, New-Source Group Limited, a BVI company, High-Sky Assets
Management Limited, a BVI company, Joint Rise Investments Limited, a BVI
company, Giant Harvest Investment Limited, a BVI company, and Mr. QIAN Yun
Ting  (collectively the “China Green Shareholders”), pursuant to which
E-Band Media acquired 100% of the issued and outstanding capital stock
of  China Green in exchange for 19,220 shares of the Company's Series
A Convertible Preferred Stock ("Series A Preferred Stock"). Pursuant to the
terms of the Share Exchange Agreement, the Company will effect a 1-for-14.375
reverse stock split ("Reverse Split") of its outstanding common stock. In
addition, pursuant to the Share Exchange Agreement, the China Green Shareholders
acquired all 10,000,000 shares of the Company's common stock from Dean
Konstantine ("Controlled Shares") and all outstanding warrants of the Company
from Muzeyyen Balaban, Bernieta Masters, and Linda Masters (“Warrants”) for an
aggregate purchase price of $250,000 and 100 shares of Series A Preferred Stock
held by China Green Shareholders.  The Warrants were cancelled by the
China Green Shareholders pursuant to the Share Exchange Agreement. As a result
of the Share Exchange Agreement, the China Green Shareholders will own 98% of
our issued and outstanding common stock on an as-converted common stock basis as
of and immediately after the effectiveness of the Reverse Split as contemplated
by the Share Exchange Agreement.





As a result the share exchange, (i) we
indirectly control though subsidiaries, Annec, which is engaged in the business
of design, manufacturing of and selling of medium and high level refractory
materials for top combustion type, internal combustion type, and external
combustion type hot blast stoves,  and (ii) through our variable
interest entity (“VIE”), Beijing Annec, we provide turnkey service for large hot
blast stove projects, integrating the structural design, equipment purchase,
construction, refractory production/sale and after-sale service  of
hot blast stoves.


8





Item
2.  Management’s Discussion and Analysis of Financial Condition and
Results of Operations





Forward-Looking
Statements





The
discussion contained herein contains "forward-looking statements" that involve
risk and uncertainties. These statements may be identified by the use of
terminology such as "believes," "expects," "may," "should" or anticipates" or expressing
this terminology negatively or similar expressions or by discussions of
strategy. The cautionary statements made in this Form 10-Q should be read as
being applicable to all related forward-looking statements wherever they
appearing this Form 10-Q. Our actual results could differ materially from those
discussed in this report. Factors that could cause or contribute to any
differences are discussed in “Risk Factors” and elsewhere in the Company’s Form
8-K filed with the Securities and Exchange Commission (“SEC”) on February 14,
2011 and  in  our  other filings with the
SEC.





Business
and Plan of Operations





E-Band
Media, Inc. (the "Company"), was incorporated on April 29, 2010 under the laws
of the State of Delaware. The Company was established as part of the Chapter 11
reorganization of AP Corporate Services, Inc. ("AP"). Under AP's  Plan
of Reorganization, as confirmed by the U.S. Bankruptcy Court for the Central
District of California, the Company was incorporated to: (1) receive and own any
interest, if any, which AP had in the development of an online medical
chat/advise website; and (2) issue shares of its common stock to AP's general
unsecured creditors, to its administrative creditors, and to its shareholders in
order to enhance their opportunity to recover from the bankruptcy
estate.





E-Band
Media, Inc. was organized to establish a medical advise website. We originally
planned to utilize nurses in the Philippines to provide answers to medical
questions posed by the sites users. Our objective was to develop a position as a
provider of Web based medical questions and answers. We subsequently determined
that other, better capitalized companies had established a foothold in this
market and that we would not be able to compete with them. We therefore
determined to seek a merger or acquisition with an operating business seeking
the benefits of being a reporting issuer. As of December 31,  2010 we
had no assets, no revenues, and no sales.





As
further described in the Form 8-K filed with the SEC on February 14, 2011, on
February 11, 2011, we entered and closed a  Share Exchange Agreement
(“Share Exchange Agreement”), with certain  shareholders and warrant
holders, Dean Konstantine, Muzeyyen Balaban, Bernieta Masters, and Linda
Masters, and with China Green Refractories Limited, a BVI corporation (“China
Green”), and its shareholders, New-Source Group Limited, a BVI company, High-Sky
Assets Management Limited, a BVI company, Joint Rise Investments Limited, a BVI
company, Giant Harvest Investment Limited, a BVI company, and Mr. QIAN Yun
Ting  (collectively the “China Green Shareholders”), pursuant to which
the Company  acquired 100% of the issued and outstanding capital stock
of  China Green in exchange for 19,220 shares of the Company’s Series
A Convertible Preferred Stock ("Series A Preferred Stock"). Pursuant to the
terms of the Share Exchange Agreement, Company  will effect a
1-for-14.375 reverse stock split ("Reverse Split") of its outstanding common
stock. In addition, pursuant to the Share Exchange Agreement, the China Green
Shareholders acquired all 10,000,000 shares of Company’s common stock from Dean
Konstantine ("Controlled Shares") and all outstanding warrants
of  Company from Muzeyyen Balaban, Bernieta Masters, and Linda Masters
(“Warrants”) for an aggregate purchase price of $250,000 and 100 shares of
Series A Preferred Stock held by China Green Shareholders.  The
Warrants were cancelled by the China Green Shareholders pursuant to the Share
Exchange Agreement. As a result of the Share Exchange Agreement, the China Green
Shareholders will own 98% of our issued and outstanding common stock on an
as-converted common stock basis as of and immediately after the effectiveness of
the Reverse Split as contemplated by the Share Exchange Agreement.





As a  result the share
exchange, (i) we now indirectly control through subsidiaries, Annec, which is
engaged in the business of design, manufacturing of and selling of medium and
high level refractory materials for top combustion type, internal combustion
type, and external combustion type hot blast stoves,  and (ii) through
our variable interest entity (“VIE”), Beijing Annec, we provide turnkey service
for large hot blast stove projects, integrating the structural design, equipment
purchase, construction, refractory production/sale and after-sale
service  of hot blast stoves.


9





Results
of Operations





As
noted above, the Company was organized in April 2010 and has realized no sales
or revenues since inception until the share exchange.   Prior to
the share exchange, it conducted no operations other than organization,
exploration of the online medical advise market, and preparation and filing of
its Form 10 and Form 10-Q for the quarters ended December 31, 2010 and September
30, 2010.





Liquidity
and Capital Resources





At
December 31, 2010 and June 30, 2010, we had no cash reserves and no other liquid
assets.





As a
result of the share exchange, we now have operations and we believe our cash and
accounts receivable are adequate to satisfy our working capital needs and
sustain our ongoing operations for the remainder of our fiscal
year.




However, even if our cash reserves are
sufficient to sustain operations, we must raise additional capital by the sale
of our securities in order to implement our strategic growth plans which include
increasing our product line, promoting our design and engineering services,
improving our products, and the potential acquisitions of mines and other
refractory companies.




We have
had preliminary discussions for additional investments by existing and
prospective investors but we have no funding commitments in place at this time
and we can give no assurance that such capital will be available on favorable
terms, or at all.  Even if we are successful in raising additional
funds, there is no assurance regarding the terms of any additional investment
and any such investment or other strategic alternative would likely
substantially dilute or eliminate the interests of our
shareholders.




Off-Balance
Sheet Arrangements





At
December 31, 2010, we did not  have any off-balance sheet
arrangements.





Item
3.  Quantitative and Qualitative Disclosures About Market
Risk





Not
Applicable.





Item
4T.  Controls and Procedures





Disclosure
Controls and Procedures





We maintain disclosure controls
and procedures designed to ensure that information required to be disclosed in
our reports filed under the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), is recorded, processed, summarized, and reported within the
required time periods and that such information is accumulated and communicated
to our management, including our Chief Executive Officer and our Chief Financial
Officer, as appropriate, to allow for timely decisions regarding required
disclosure.  In designing and evaluating the disclosure controls and
procedures, management recognizes that any controls and procedures, no matter
how well designed and operated, can only provide reasonable assurance of
achieving the desired control objective, and management is required to exercise
its judgment in evaluating the cost-benefit relationship of possible controls
and procedures.


10





Management
conducted an evaluation, under the supervision and with the participation of the
Chief Executive Officer and the Chief Financial Officer, of the effectiveness of
the design and operation of our disclosure controls and procedures as of
December 31, 2010.  Based on this evaluation, the Chief Executive
Officer and the Chief Financial Officer have concluded that our disclosure
controls and procedures were effective as of December 31, 2010.





Changes
in Internal Control Over Financial Reporting





There
have been no material changes in our  internal controls over financial
reporting identified in connection with the evaluation of disclosure controls
and procedures discussed above that occurred during the quarter ended December
31, 2010 or subsequent to that date that have materially affected, or are
reasonably likely to materially affect, our  internal control over
financial reporting.





PART
II - OTHER INFORMATION





Item
1.  Legal Proceedings




To the
best knowledge of management, there are no material legal proceedings pending
against the Company.





Item
1A.  Risk Factors





Not
Applicable.





Item
2.   Unregistered Sales of Equity Securities and Use of
Proceeds




None.





Item
3.  Defaults Upon Senior Securities





None.





Item
4.  [Removed and Reserved]





Item
5.  Other Information




None.


11





Item
6.  Exhibits


EXHIBIT
INDEX





Exhibit No
                
                Description31
                
                Certifications
      under Section 302 of the Sarbanes-Oxley Act.*32
                
                Certifications
      under Section 906 of the Sarbanes-Oxley
Act.*





* Filed
herewith.


12





SIGNATURES





Pursuant
to the requirements of Section 13 or 15(d) of the Securities Exchange Act of
1934 the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.




E-BAND
      MEDIA, INC.Date:    February
      15, 2011
              By:
              /s/ Li JiantaoName:  Li
      JiantaoTitle: 
       Chief Executive Officer and Chief Financial Officer
                (Principal
      Executive Officer and Principal Accounting
                Officer)


13