UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549  FORM 10-Q  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2012  China Herb Group Holdings Corporation (Formerly known as Island Radio, Inc.) (Exact name of small business issuer as specified in its charter)   Nevada
(State or other jurisdiction
of incorporation)333-169397
(Commission
File Number)27-3042462
(I.R.S. Employer
Identification Number)  4th Floor, Airport Industrial Park Business Center, No.35 Changjiang South Road, New District, Wuxi City, Jiangsu Province, China (Address of principal executive offices and zip code)  Phone: +86 13909840703 (Registrants telephone number, including area code)  Copy of Communications To: Bernard & Yam, LLP Attn: Bin Zhou, Esq. 401 Broadway, Suite 1708 New York, NY 10013 Phone: 212-219-7783 Facsimile: 212-219-3604  Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 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 last 90 days.  YESxNO  ̈  Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulations 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).  YESxNO  ̈  Indicate by check mark 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,” “non-accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.  Large accelerated filer ̈Accelerated filer ̈Non-accelerated filer ̈Smaller reporting companyx  Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). YESxNO ̈  State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date: 4,300,000 Shares of Common Stock, as of August 06, 2012.   INDEX  PART I - FINANCIAL INFORMATIONItem 1. Financial StatementsItem 2. Management's Discussion and Analysis of Financial Condition and Results of OperationsItem 3. Quantitative and Qualitative Disclosures About Market RiskItem 4. Controls and ProceduresPART II - OTHER INFORMATIONItem 1. Legal ProceedingsItem 1A. Risk FactorsItem 2. Unregistered Sales of Equity Securities and Use of ProceedsItem 3. Defaults Upon Senior SecuritiesItem 4. Submissions of Matters to a Vote of Security HoldersItem 5. Other InformationItem 6. ExhibitsSIGNATURE                    ITEM 1.  FINANCIAL STATEMENTS  CHINA HERB GROUP HOLDINGS CORPORATION FORMERLY KNOWN AS ISLAND RADIO, INC. (A DEVELOPMENT STAGE COMPANY) BALANCE SHEETS   ASSETS


|              |   |                     |   |                   
|------------- | - | ------------------- | - | ------------------
|              |   | 6/30/12
(unaudited) |   | 12/31/11
(audited)
|              |   |                     |   |                   
|Total assets: | $ | -                   | $ | -                 

LIABILITIES AND STOCKHOLDERS (DEFICIT)


|                                              |                                                                                                                                   |   |          |   |         
|--------------------------------------------- | --------------------------------------------------------------------------------------------------------------------------------- | - | -------- | - | --------
|Current liabilities:                          |                                                                                                                                   |   |          |  
|                                              | Accounts payable                                                                                                                  | $ | -        | $ | 13,317  
|                                              | Note payable to sole officer                                                                                                      |   | -        |   | 12,145  
|                                              |                                                                                                                                   |   | -        |   | 25,462  
|                                              |                                                                                                                                   |   |          |   |         
|                                              | Total liabilities                                                                                                                 | $ | -        | $ | 25,462  
|                                              |                                                                                                                                   |   |          |  
|Commitments and contingencies                 |                                                                                                                                   | - |          | -
|                                              |                                                                                                                                   |   |          |   |         
|Stockholders (deficit):                      |                                                                                                                                   |   |          |  
|                                              | Preferred stock, $0.001 par value, 5,000,000 shares authorized;
no shares issued and outstanding                                  |   | -        |   | -       
|                                              | Common stock, $0.001 par value, 25,000,000 shares authorized;
4,300,000 and 4,300,000 shares issued and outstanding, respectively |   | 4,300    |   | 4,300   
|                                              | Additional paid-in capital                                                                                                        |   | 91,464   |   | 38,987  
|                                              | (Deficit) accumulated during the development stage                                                                                |   | (95,764) |   | (68,749)
|                                              |                                                                                                                                   |   |          |   |         
|                                              | Total stockholders (deficit)                                                                                                     | $ | -        | $ | (25,462)
|                                              |                                                                                                                                   |   |          |  
|Total liabilities and stockholders (deficit) | $                                                                                                                                 | - | $        | -

The accompanying notes to the financial statements are an integral part of these statements.   2     CHINA HERB GROUP HOLDINGS CORPORATION FORMERLY KNOWN AS ISLAND RADIO, INC. (A DEVELOPMENT STAGE COMPANY) STATEMENTS OF OPERATIONS (unaudited)


|                                                                             |                              |           |                                    |           |                                    |           |                                  |           |                                  |          |                                               
|---------------------------------------------------------------------------- | ---------------------------- | --------- | ---------------------------------- | --------- | ---------------------------------- | --------- | -------------------------------- | --------- | -------------------------------- | -------- | ----------------------------------------------
|                                                                             |                              |           | For the three months ended 6/30/12 |           | For the three months ended
6/30/11 |           | For the six months ended 6/30/12 |           | For the
six months ended 6/30/11 |          | Cumulative from 6/28/10 (inception) to 6/30/12
|                                                                             |                              |           |                                    |           |                                    |           |                                  |           |                                  |          |                                               
|Revenues, net                                                                | $                            | -         | $                                  | -         | $                                  | -         | $                                | -         | $                                | -       
|                                                                             |                              |           |                                    |           |                                    |           |                                  |           |                                  |          |                                               
|Cost of revenues                                                             |                              | -         |                                    | -         |                                    | -         |                                  | -         |                                  | -       
|                                                                             |                              |           |                                    |           |                                    |           |                                  |           |                                  |          |                                               
|Gross profit                                                                 |                              | -         |                                    | -         |                                    | -         |                                  | -         |                                  | -       
|                                                                             |                              |           |                                    |           |                                    |           |                                  |           |                                  |          |                                               
|Expenses:                                                                    |                              |           |                                    |           |                                    |           |                                  |           |                                  |         
|                                                                             | General and administrative   |           | 9                                  |           | 287                                |           | 143                              |           | 400                              |          | 1,173                                         
|                                                                             | Legal consulting fees        |           | 7,500                              |           | 3,000                              |           | 22,500                           |           | 10,655                           |          | 77,180                                        
|                                                                             | Accounting fees              |           | 1,000                              |           | 1,000                              |           | 3,000                            |           | 3,000                            |          | 9,000                                         
|                                                                             | Transfer agent fees          |           | 450                                |           | 878                                |           | 1,100                            |           | 2,372                            |          | 7,852                                         
|                                                                             | Total expenses               |           | 8,959                              |           | 5,165                              |           | 26,743                           |           | 16,427                           |          | 95,205                                        
|                                                                             |                              |           |                                    |           |                                    |           |                                  |           |                                  |          |                                               
|(Loss) from operations                                                       |                              | (8,959)   |                                    | (5,165)   |                                    | (26,743)  |                                  | (16,427)  |                                  | (95,205)
|                                                                             |                              |           |                                    |           |                                    |           |                                  |           |                                  |          |                                               
|Other income (expense)                                                       |                              |           |                                    |           |                                    |           |                                  |           |                                  |         
|                                                                             | Interest expense             |           | -                                  |           | -                                  |           | 272                              |           | -                                |          | 559                                           
|                                                                             | Total other income (expense) |           | -                                  |           | -                                  |           | 272                              |           | -                                |          | 559                                           
|                                                                             |                              |           |                                    |           |                                    |           |                                  |           |                                  |          |                                               
|Provision for income taxes                                                   |                              | -         |                                    | -         |                                    | -         |                                  | -         |                                  | -       
|                                                                             |                              |           |                                    |           |                                    |           |                                  |           |                                  |          |                                               
|Net (loss)                                                                   | $                            | (8,959)   | $                                  | (5,165)   | $                                  | (27,015)  | $                                | (16,427)  | $                                | (95,764)
|                                                                             |                              |           |                                    |           |                                    |           |                                  |           |                                  |          |                                               
|(Loss) per common share,
basic and diluted                                   | $                            | (0.00)    | $                                  | (0.00)    | $                                  | (0.01)    | $                                | (0.00)    |                                  |         
|                                                                             |                              |           |                                    |           |                                    |           |                                  |           |                                  |          |                                               
|Weighted average number of
     common shares outstanding,
basic and diluted |                              | 4,300,000 |                                    | 9,375,000 |                                    | 4,300,000 |                                  | 8,175,028 |                                  |         

The accompanying notes to the financial statements are an integral part of these statements.   3        4     CHINA HERB GROUP HOLDINGS CORPORATION FORMERLY KNOWN AS ISLAND RADIO, INC. (A DEVELOPMENT STAGE COMPANY) STATEMENTS OF CASH FLOWS(unaudited)  For the six months ended 6/30/12For the
six
months ended 6/30/11Cumulative from 6/28/10 (inception) to 6/30/12Cash flows from operating activities:Net (loss)$(27,015)$(16,427)$(95,764)Adjustments to reconcile net (loss) to net cash (used in) operating activitiesCommon stock issued in connection with services provided by consultants--20,000Imputed interest on related party loan272-559Changes in operating assets and liabilities:Increase (decrease) in accounts payable26,7432,83747,060Net cash provided (used) by operating activities-(13,590)(28,145)Cash flows from investing activities:Proceeds from sale of asset (Blue Water common stock)--13,000Net cash provided (used) by investing activities--13,000Cash flows from financing activities:Proceeds from common stock subscribed-5,6005,600Proceeds from loan from officer--12,250Repayment of loan from officer--(105)Repurchase of common stock--(10,750)Proceeds from issuance of common stock-8,1508,150Net cash provided (used) by financing activities-13,75015,145Net increase (decrease) in cash-160-Cash  beginning of period---Cash  end of period$-$160$-  The accompanying notes to the financial statements are an integral part of these statements.   5      CHINA HERB GROUP HOLDINGS CORPORATION FORMERLY KNOWN AS ISLAND RADIO, INC. (A DEVELOPMENT STAGE COMPANY) STATEMENTS OF CASH FLOWS (unaudited) (continued)  Non-cash investing and financing activities:Issuance of common shares to directors$-$-$4,000Issuance of common shares for common stock subscribed--5,600Restricted securities exchanged for accounts payable--7,000Forgiveness of loan from officer12,145-12,145Forgiveness of accounts payable40,060-40,060Issuance of common shares for restricted securities received-20,00020,000$52,205$20,000$88,805Supplemental disclosure of cash flow information:Interest$-$-$-Income taxes$-$-$-                               The accompanying notes to the financial statements are an integral part of these statements.   6     CHINA HERB GROUP HOLDINGS CORPORATION FORMERLY KNOWN AS ISLAND RADIO, INC. (A DEVELOPMENT STAGE COMPANY) NOTES TO FINANCIAL STATEMENTS June 30, 2012 (unaudited)   NOTE 1  Summary of Significant Accounting Policies  Unaudited Interim Financial Information  The accompanying Balance Sheet as of June 30, 2012, Statements of Operations for the three months ended June 30, 2012 and June 30, 2011, for the six months ended June 30, 2012 and June 30, 2011, and cumulative from June 28, 2010 (Inception) to June 30, 2012, Statement of Stockholders (Deficit) for the cumulative period from June 28, 2010 (Inception) to June 30, 2012, and the Statements of Cash Flows for the six months ended June 30, 2012 and June 30, 2011, and cumulative from June 28, 2010 (Inception) to June 30, 2012, are unaudited.  These unaudited interim financial statements have been prepared in accordance with accounting principles accepted in the United States of America (GAAP).  In the opinion of the companys management, the unaudited interim financial statements have been prepared on the same basis as the audited financial statements and included all adjustments necessary for the fair presentation of the Companys statement of financial position at June 30, 2012 and its results of operations and its cash flows for the period ended June 30, 2012 and cumulative from June 28, 2010 (inception) to June 30, 2012.  The results for the period ended June 30, 2012 are not necessarily indicative of the results to be expected for the fiscal year ending December 31, 2012.  Organization  China Herb Group Holdings Corporation (Company) is a development stage company with minimal operations.  Company was incorporated under the name Island Radio, Inc under the laws of the State of Nevada on June 28, 2010.  The Companys business plan calls for the development of a 24-hour radio program that will be transmitted over commercial FM radio spectrum from radio broadcast towers strategically located throughout the Caribbean region and simulcast worldwide over the Internet.  Island Radios broadcasting studio will be based in St. Maarten, Dutch West Indies. On July 17, 2012, Company changed its name to China Herb Group Holdings Corporation.  Basis of Presentation  The accompanying financial statements have been prepared in accordance with United States Generally Accepted Accounting Principles (US GAAP) for financial information and in accordance with the Securities and Exchange Commissions (SEC) Regulation S-X.  They reflect all adjustments which are, in the opinion of the Companys management, necessary for a fair presentation of the financial position and operating results as of and for the three months ended June 30, 2012 and June 30, 2011, for the six months ended June 30, 2012 and June 30, 2011, and cumulative from June 28, 2010 (inception) to June 30, 2012.  Use of Estimates  The accompanying financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America.  Because a precise determination of many assets and liabilities is dependent upon future events, the preparation of financial statements for a period necessarily involves the use of estimates which have been made using careful judgment.  Actual results may vary from these estimates.  Cash and Cash Equivalents  For purposes of the statement of cash flows, the Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents.  As of June 30, 2012, the Company had no cash or other assets.    7     Investments  The Company accounts for its marketable securities, which are classified as trading securities, in accordance with generally accepted accounting principles for certain investments in debt and equity securities, which requires that trading securities be carried at fair value.  Unrealized gains and losses due to changes in fair value as well as realized gains and losses resulting from sales of securities are reported as Other Income/Expenses in the statement of operations.  Fair value of the securities is based upon quoted market prices in active markets or estimated fair value when quoted market prices are not available.  The   8     cost basis for realized gains and losses is determined on a specific identification basis.  As of June 30, 2012, the Company had no investments.  Fair Value of Financial Instruments  ASC 820, Fair Value Measurements and ASC 825, Financial Instruments, requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.  It establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value.  A financial instruments categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement.  It prioritizes the inputs into three levels that may be used to measure fair value:  Level 1  Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.  Level 2  Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.  Level 3  Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.  As of June 30, 2012 we believe that the recorded values of all of our financial instruments approximate their current fair values because of their nature and respective maturity dates or durations.  Net Loss per Share Calculation  Basic net loss per common share is computed by dividing the net loss attributable to common stockholders by the weighted-average number of common shares outstanding for the period.   Diluted earnings per shares is computed similar to basic loss per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive.  During the three months ended June 30, 2012 and June 30, 2011, for the six months ended June 30, 2012 and June 30, 2011, and cumulative from June 28, 2010 (inception) to June 30, 2012 the Company had no dilutive financial instruments issued or outstanding.  Income Taxes  The Company accounts for income taxes pursuant to FASB ASC 740, Income Taxes.  Under FASB ASC 740-10-25, deferred tax assets and liabilities are determined based on temporary differences between the bases of certain assets and liabilities for income tax and financial reporting purposes.  The deferred tax assets and liabilities are classified according to the financial statement classification of the assets and liabilities generating the differences.  The Company maintains a valuation allowance with respect to deferred tax assets.  Island Radio establishes a valuation allowance based upon the potential likelihood of realizing the deferred tax asset and taking into consideration the Companys financial position and results of operations for the current period.  Future realization of the deferred tax benefit depends on the existence of sufficient taxable income within the carryforward period under the Federal tax laws.  Changes in circumstances, such as the Company generating taxable income, could cause a change in judgment about its ability to realize the related deferred tax asset.  Any change in the valuation allowance will be included in income in the year of the change in estimate.   9      Fiscal Year  The Company elected December 31st for its fiscal year end.  NOTE 2  Development Stage Activities and Going Concern  The Company is in the development stage and has minimal operations,and as such has devoted most of its efforts since its inception to developing its business plan, issuing common stock, attempting to raise capital, establishing its accounting systems and other administrative functions.  The Companys business plan calls for the development of a 24-hour radio program that will be transmitted over commercial FM radio spectrum from radio broadcast towers strategically located throughout the Caribbean region and simulcast worldwide over the Internet with its broadcasting studio to be based in St. Maarten, Dutch West Indies.  The Company intends to conduct additional capital formation activities through the issuance of its common stock and to achieve these long-term business growth strategies.  While management of the Company believes that Company will be successful in its planned operating activities under its business plan and capital formation activities, there can be no assurance that it will be able to successfully execute on either of these or that it will be able to generate adequate revenues to earn a profit or sustain its operations.  The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United State of America, which contemplate continuation of the Company as a going concern.  The Company has not established a source of revenues sufficient to cover its operating costs, and as such, has incurred an operating loss since its inception.  Further, as of June 30, 2012, the Company had a working capital deficiency of ($95,764).  These and other factors raise substantial doubt about the Companys ability to continue as a going concern.  The accompanying financial statements do not include any adjustments or classifications that may result from the possible inability of the Company to continue as a going concern.  NOTE 3  Share Exchange and Subsequent Sale of Blue Water Restaurant Group, Inc. Common Stock Holdings  On March 29, 2011 we entered into a Share Exchange Agreement with Blue Water Restaurant Group, Inc. (Blue Water), a Nevada corporation planning a going public initiative and starting a chain of restaurants in St. Maarten, Dutch West Indies.  Under the terms of the agreement we issued Blue Water 2,000,000 shares of our restricted common stock in exchange for 2,000,000 restricted shares of Blue Water common stock, $0.001 par value.  These shares were valued at $20,000, or $0.01 a share.  Blue Water registered 1,300,000 of our total holdings of 2,000,000 shares of their common stock in a SEC Registration Statement on Form S-1 that was declared effective on September 8, 2011.  Subsequently, we sold these 1,300,000 registered shares without restrictions to 36 different individuals at a price of $0.01 per share, or $13,000 in total.  Our remaining 700,000 shares were transferred to Taurus Financial Partners, LLC (Taurus) in exchange for a $7,000 reduction in our outstanding accounts payable.  All of the cash proceeds from the sale of our Blue Water shares were paid to Taurus to reduce our outstanding accounts payable to them.  As of June 30, 2012 we had no remaining accounts payable and had no remaining holdings in Blue Water.  NOTE 4  Notes Payable to Officer and Shareholders  As of December 31, 2011 we had notes payable to our sole officer and director, Nina Edstrom, aggregating $12,145, which includes $10,750 she loaned the Company to repurchase and cancel 1,075,000 shares of its common stock.  Ms. Edstrom voluntarily forgave these outstanding debts on March 1, 2012 which was recorded in the financial statements as additional paid-in capital.  Additionally, during the six months ended June 30, 2012 these debts had accrued $272 in imputed interest that was recorded in the financial statements as additional paid-in capital.  On June 27, 2012, Taurus Financial Partners, LLC, as a shareholder of the Company, forgave the $40,060s total outstanding account payables that the Company owed to it. As of June 30, 2012, there is no note payable to any shareholders.   NOTE 5  Common Stock  The total number of common shares authorized that may be issued by the Company is 25,000,000 shares with a par value of $0.001 per share.  During the period June 28, 2010 (inception) to June 30, 2012 the Company issued an aggregate of 9,375,000 shares as follows:   10      · 4,000,000 shares to its directors as Founders Shares;  · 2,000,000 shares to a consultant for total consideration of $20,000, or $0.01 per share, based on the value of the services performed;  · 1,375,000 shares in exchange for aggregate cash consideration of $13,750, or $0.01 per share;  · 2,000,000 shares in exchange for 2,000,000 shares of restricted common stock in Blue Water Restaurant Group, Inc. (Blue Water), a Nevada corporation, presently undertaking a going public initiative.  This investment was valued at $20,000, or $0.01 per share, based on the most recent private transaction price of Blue Water common stock, which was $0.01 per share.  In addition, Blue Water registered 1,300,000 of our shares of its common stock for unrestricted resale in a SEC Registration Statement on Form S-1 which was declared effective on September 8, 2011.  On September 19, 2011 the Company repurchased 1,075,000 shares of its common stock, which were subsequently cancelled.  These shares were purchased for $10,750, or $0.01 a share.  This purchase was financed by a non-interest bearing demand loan from our sole officer and director, Nina Edstrom.  During the six months ended June 30, 2012 this note had accrued $272 in imputed interest that was recorded in the financial statements as additional paid-in capital.  On October 13, 2011, two shareholders returned to the Company an aggregate of 4,000,000 shares of restricted common stock.  These shares were subsequently cancelled.  As of June 30, 2012, the Company had 4,300,000 shares of its common stock issued and outstanding.  NOTE 6  Preferred Stock  The total number of preferred shares authorized that may be issued by the Company is 5,000,000 shares with a par value of $0.001 per share.  As of June 30, 2012, the Company had no shares of its preferred stock issued and outstanding.  NOTE 7  Income Taxes  The provision (benefit) for income taxes for the period from June 28, 2010 (inception) to June 30, 2012 was as follows, assuming a 35 percent effective tax rate:   11       For the six
months ended
June 30, 2012For the period
June 28, 2010
(inception) to
June 30, 2012Current tax provision:FederalTaxable income$-$Total current tax provision$-$Deferred tax provision:FederalLoss carryforwards$9,360$26,322Change in valuation allowance(9,360)(26,322)Total deferred tax provision$-$-  As of June 30, 2012, the Company had approximately $75,205 in tax loss carryforwards that can be utilized in future periods to reduce taxable income through 2031.    12     The Company provided a valuation allowance equal to the deferred income tax assets for the period from June 28, 2010 (inception) to June 30, 2012 because it is not presently known whether future taxable income will be sufficient to utilize the tax loss carryforwards.  The Company has no uncertain tax positions.  NOTE 8  Related Party Transactions  From June 28, 2010 (inception) through June 27, 2012, the Company operated out of office space that was provided to us by our former president and chief executive officer, Eric Boyer, free of charge.  For the three months and six months ended June 30, 2012 and cumulative from June 28, 2010 (inception) to June 30, 2012 the Companys rent expense was zero.  This is because of the minimal level of operating activities that have transpired during this period of time.  NOTE 9  Recent Accounting Pronouncements  In December 2010, the Financial Accounting Standards Board (FASB) issued ASU 2010-28, Intangible Goodwill and Other (Topic 350): When to perform Step 2 of the goodwill impairment test for reporting units with zero or negative carrying amounts.  This update requires an entity to perform all steps in the test for a reporting unit whose carrying value is zero or negative if it is more likely than not (more than 50%) that a goodwill impairment exists based on qualitative factors, resulting in the elimination of an entitys ability to assert that such a reporting units goodwill is not impaired and additional testing is not necessary despite the existence of qualitative factors that indicate otherwise.  This ASU is effective for fiscal years beginning after December 15, 2010, and for interim periods within those fiscal years.  The adoption of this standard did not have a material impact on the Companys financial statements.  In December 2010, the FASB issued ASU 2010-29, Business Combinations (Topic 805): Disclosure of supplementary pro forma information for business combinations.  This update changes the disclosure of pro forma information for business combinations.  These changes clarify that if a public entity presents comparative financial statements, the entity should disclose revenue and earnings of the combined entity as though the business combination that occurred during the current year had occurred as of the beginning of the comparable prior annual reporting period only.  Also, the existing supplemental pro forma disclosures were expanded to include a description of the nature and amount of material, nonrecurring pro forma adjustments directly attributable to the business combination included in the reported pro forma revenue and earnings.  This ASU is effective for fiscal years beginning after December 15, 2010, and for interim periods within those fiscal years.  The adoption of this standard did not have a material impact on the Companys financial statements.  In April 2011, the FASB issued ASU 2011-02, Receivables (Topic 310): A Creditors Determination of Whether a Restructuring is a Troubled Debt Restructuring.  This amendment explains which modifications constitute troubled debt restructurings (TDR).  Under the new guidance, the definition of a troubled debt restructuring remains essentially unchanged, and for a loan modification to be considered a TDR, certain basic criteria must still be met.  For public companies, the new guidance is effective for interim and annual periods beginning on or after June 15, 2011, and applies retrospectively to restructuring occurring on or after the beginning of the fiscal year of adoption.  The adoption of this standard did not have a material impact on the Companys financial statements.  In May 2011, the FASB issued ASU 2011-04, Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs, which is effective for annual reporting periods beginning after December 15, 2011.  This guidance amends certain accounting and disclosure requirements related to fair value measurements.  Additional disclosure requirements in the update include: (1) for Level 3 fair value measurements, quantitative information about unobservable inputs used, a description of the valuation processes used by the entity, and a qualitative discussion about the sensitivity of the measurements to changes in the unobservable inputs; (2) for an entitys use of a nonfinancial asset that is different from the assets highest and best use, the reason for the difference; (3) for financial instruments not measured at fair value but for which disclosure of fair value is required, the fair value hierarchy level in which the fair value measurements were determined; and (4) the disclosure of all transfers between Level 1 and Level 2 of the fair value hierarchy.  The adoption of this standard did not have a material impact on the Companys financial statements.    13     In June 2011, the FASB issued ASU 2011-05, Comprehensive Income (Topic 220): Presentation of Comprehensive Income, which is effective for annual reporting periods beginning after December 15, 2011.  This guidance eliminates the option to present the components of other comprehensive income as part of the statement of changes in stockholders equity.  In addition, items of other comprehensive income that are reclassified to profit or loss are required to be presented separately on the face of the financial statements.  This guidance is intended to increase the prominence of other comprehensive income in financial statements by requiring that such amounts be presented either in a single continuous statement of income and comprehensive income or separately in consecutive statements of income and comprehensive income.  The adoption of this standard did not have a material impact on the Companys financial statements.  In September 2011, the FASB issued Accounting Standards Update (ASU) No. 2011-08, Intangibles  Goodwill and Other (Topic 350): Testing Goodwill for Impairment.  The guidance in ASU 2011-08 is intended to reduce complexity and costs by allowing an entity the option to make a qualitative evaluation about the likelihood of goodwill impairment to determine whether it should calculate the fair value of a reporting unit.  The amendments also improve previous guidance by expanding upon the examples of events and circumstances that an entity should consider between annual impairment tests in determining whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount.  Also, the amendments improve the examples of events and circumstances that an entity having a reporting unit with a zero or negative carrying amount should consider in determining whether to measure an impairment loss, if any, under the second step of the goodwill impairment test.  The amendments in this ASU are effective for annual and interim goodwill impairment tests performed for fiscal years beginning after December 15, 2011.  The adoption of this standard did not have a material impact on the Companys financial statements.  The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial statements.  NOTE 10  Subsequent Events  On July 17, 2012, the Company changed its name from Island Radio, Inc to China Herb Group Holdings Corporation.  On July 24, 2012, Chin Yung Kong resigned from the position of President and Chief Executive Officer of the Company. He still remains a board director of the Company. On July 24, 2012, Yubo Zheng became a new board director and new Secretary of the Company. Qiuping Lu became the new President and new Chief Executive Officer of the Company. Fumin Feng became the new Vice President of the Company.  Other than the above describe name change, there were no material subsequent events through the date these financial statements were filed with the Securities and Exchange Commission on Form 10-Q.   14


ITEM 2.  MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS  We are a development stage corporation with limited operations and are not currently generating any revenues from our business operations.  Our independent registered public accounting firm has issued a going concern opinion in their audit report dated February 22, 2012, which can be found in our Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) on February 23, 2012.  This means that our auditors believe there is substantial doubt that we can continue as an on-going business for the next 12 months.  The following discussion should be read in conjunction with our Financial Statements and the notes thereto and the other information included in this Quarterly Report as filed with the SEC on Form 10-Q.  Limited Operating History; Need for Additional Capital  There is limited historical financial information about us upon which to base an evaluation of our performance.  We are in the start-up stage of operations and have yet to generate any revenues.  We cannot guarantee that we will be successful in our business operations.  Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources and possible cost overruns, such as increases in marketing costs, increases in administration expenditures associated with daily operations, increases in accounting and audit fees, and increases in legal fees related to filings and regulatory compliance.  Currently, we do not have any arrangements for additional financing.  We have no assurance that future financing will be available to us on acceptable terms.  If financing is not available on satisfactory terms, we may be unable to continue, develop, or expand our operations.  Equity financing could result in additional dilution to existing shareholders.  Status as a Shell Company  As of June 30, 2012, because we have nominal operations and minimal assets, we are considered to be a shell company under the Securities Exchange Act of 1934, as amended.  Because we are considered a shell company, the securities sold in previous offerings can only be resold through (i) registration under the Securities Act of 1933, as amended (Securities Act), (ii) Section 4(1) of the Securities Act, if available, for non-affiliates, or (iii) by meeting the conditions of Rule 144(i) of the Securities Act.  Results of Operations  Three Months Ended June 30, 2012  Revenues.  As of June 30, 2012, we have not generated any revenues and remain a development stage company.  Net Loss.  We had a net loss of ($8,959) for the three months ended June 30, 2012 compared to a net loss of ($5,165) for the same period a year ago.  This represents an increase in net loss of $3,794, or 73.5%.  Our net loss was attributable to complying with our ongoing SEC reporting requirements, which have consisted primarily of legal, accounting and outside consulting fees.  Operating Expenses.  Our total operating expenses for the three months ended June 30, 2012 were $8,959 compared to $5,165 for the same period a year ago.  This represents an increase in operating expenses of $3,794, or 73.5%.  Our operating expenses were entirely related to complying with our ongoing SEC reporting requirements, which have consisted primarily of legal, accounting and outside consulting fees.  Six Months Ended June 30, 2012  Revenues.  As of June 30, 2012, we have not generated any revenues and remain a development stage company.  Net Loss.  We had a net loss of ($27,015) for the six months ended June 30, 2012 compared to a net loss of ($16,427) for the same period a year ago.  This represents an increase in net loss of $10,588, or 64.5%.  Our net loss was attributable to complying with our ongoing SEC reporting requirements, which have consisted primarily of legal, accounting and outside consulting fees.  Operating Expenses.  Our total operating expenses for the six months ended June 30, 2012 were $26,743 compared to $16,427 for the same period a year ago.  This represents an increase in operating expenses of $10,316, or 62.8%.  Our operating expenses were entirely related to complying with our ongoing SEC reporting requirements, which have consisted primarily of legal, accounting and outside consulting fees.  Other income (expenses).  During the six months ended June 30, 2012 we recorded $272 in imputed interest expenses related to a note outstanding payable to our sole officer and director.  This note was formally forgiven on March 1, 2012.  Both the accrued imputed interest and forgiven balance of the note outstanding were recorded in Companys financial statements under additional paid-in capital.  Cumulative During the Development Stage  June 28, 2010 (inception) through June 30, 2012  For ease of reading we refer to the period of June 28, 2010 (inception) through June 30, 2012 as the Developmental Period.  Revenues.  We have not generated any revenues during the Developmental Period.


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Net Loss.  We have incurred a net loss of ($95,764) during the Developmental Period.  This net loss was primarily attributable to organizational costs related to our formation, an offering of our common stock, and complying with our ongoing SEC reporting requirements.  These expenses have consisted primarily of legal, accounting, and outside consulting fees.  Operating Expenses.  Our total operating expenses for the Developmental Period were $95,205.  These operating expenses were primarily attributable to organizational costs related to our formation, an early offering of our common stock, and complying with our ongoing SEC reporting requirements.  These expenses have consisted primarily of legal, accounting, and outside consulting fees.  Other income (expenses).  During the Development Period we recorded $559 in imputed interest expenses related to a note outstanding payable to our sole officer and director.  This note was formally forgiven on March 1, 2012.  Both the accrued imputed interest and forgiven balance of the note outstanding were recorded in Companys financial statements under additional paid-in capital.  Total Stockholders Deficit.  Our stockholders deficit was NIL as of June 30, 2012.  Accounts Payable and Accrued Expenses.  On June 27, 2012, and in conjunction with a Share Purchase Agreement executed on the same date, Taurus Financial Partners, LLC, an independent service provider, voluntarily forgave $40,060 in accrued accounts payable.  The forgiven accounts payable were recorded in Companys financial statements under additional paid-in capital.  As of June 30, 2012, Company had no accounts payable or other outstanding liabilities.  Liquidity and Capital Resources  On June 27, 2012, in connection with the share purchase transaction in which Eric R. Boyer and Nina Edstrom sold to Chin Yung Kong, Qiuping Lu and Fumin Feng 4,000,000 shares of common stock of the Company (2,000,000 shares to Chin Yung Kong, 1,000,000 shares to Qiuping Lu and 1,000,000 shares to Fumin Feng), Taurus Financial Partners, LLC forgave the $40,060s total outstanding account payables that the Company owed to it, which represented all the outstanding liabilities of the Company as of June 27, 2012.  As the result of such transaction, as of June 30, 2012, we had no assets and no liabilities.  We expect to incur continued losses over the remainder of the fiscal year ending December 31, 2012, possibly even longer.  As of June 30, 2012, we have no assets or cash on hand.  We presently are exploring other such sources of funding.  Without limiting our available options, future equity financings will most likely be through the sale of additional shares of our common stock.  It is possible that we could also offer warrants, options and/or rights in conjunction with any future issuances of our common stock.  However, we can give no assurance that financing will be available to us, and if available to us, in amounts or on terms acceptable to us.  If we cannot secure adequate financing, we may be forced to cease operations and you will lose your entire investment.  Going Concern Consideration  Our independent registered public accounting firm has issued a going concern opinion in their audit report dated February 22, 2012, which can be found in our Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) on February 23, 2012.  This means that our auditors believe there is substantial doubt that we can continue as an on-going business for the next 12 months.  Our financial statements found within this Quarterly Report on Form 10-Q and the aforementioned Annual Report on Form 10-K contain additional note disclosures describing the circumstances that lead to this disclosure by our independent auditors.  Off Balance Sheet Operations  As of June 30, 2012, we had no off-balance sheet activities or operations.   CRITICAL ACCOUNTING POLICIES  The accompanying financial statements have been prepared in accordance with United States Generally Accepted Accounting Principles (US GAAP) for financial information and in accordance with the Securities and Exchange Commissions (SEC) Regulation S-X.  They reflect all adjustments which are, in the opinion of the Companys management, necessary for a fair presentation of the financial position and operating results as of and for the three months ended June 30, 2012 and June 30, 2011, for the six months ended June 30, 2012 and June 30, 2011, and cumulative from June 28, 2010 (inception) to June 30, 2012.  Use of Estimates  The accompanying financial statements of Company have been prepared in accordance with generally accepted accounting principles in the United States of America.  Because a precise determination of many assets and liabilities is dependent upon future events, the preparation of financial statements for a period necessarily involves the use of estimates which have been made using careful judgment.  Actual results may vary from these estimates.  Cash and Cash Equivalents  For purposes of the statement of cash flows, the Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents.  As of June 30, 2012, Company had no cash or cash equivalents.  Investments  Company accounts for its marketable securities, which are classified as trading securities, in accordance with generally accepted accounting principles for certain investments in debt and equity securities, which requires that trading securities be carried at fair value.  Unrealized gains and losses due to changes in fair value as well as realized gains and losses resulting from sales of securities are reported as Other Income/Expenses in the statement of operations.  Fair value of the securities is based upon quoted market prices in active markets or estimated fair value when quoted market prices are not available.  The cost basis for realized gains and losses is determined on a specific identification basis.  As of June 30, 2012, Company had no investments.  Fair Value of Financial Instruments  ASC 820, Fair Value Measurements and ASC 825, Financial Instruments, requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.  It establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value.  A financial instruments categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement.  It prioritizes the inputs into three levels that may be used to measure fair value:  Level 1  Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.  Level 2  Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.  Level 3  Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.  As of June 30, 2012 we believe that the recorded values of all of our financial instruments approximate their current fair values because of their nature and respective maturity dates or durations.  Net Loss per Share Calculation  Basic net loss per common share is computed by dividing the net loss attributable to common stockholders by the weighted-average number of common shares outstanding for the period.   Diluted earnings per shares is computed similar to basic loss per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive.  During the three months ended June 30, 2012 and June 30, 2011, for the six months ended June 30, 2012 and June 30, 2011, and cumulative from June 28, 2010 (inception) to June 30, 2012 the Company had no dilutive financial instruments issued or outstanding.  Income Taxes  Company accounts for income taxes pursuant to FASB ASC 740, Income Taxes.  Under FASB ASC 740-10-25, deferred tax assets and liabilities are determined based on temporary differences between the bases of certain assets and liabilities for income tax and financial reporting purposes.  The deferred tax assets and liabilities are classified according to the financial statement classification of the assets and liabilities generating the differences.  Company maintains a valuation allowance with respect to deferred tax assets.  Company establishes a valuation allowance based upon the potential likelihood of realizing the deferred tax asset and taking into consideration Companys financial position and results of operations for the current period.  Future realization of the deferred tax benefit depends on the existence of sufficient taxable income within the carryforward period under the Federal tax laws.  Changes in circumstances, such as Company generating taxable income, could cause a change in judgment about its ability to realize the related deferred tax asset.  Any change in the valuation allowance will be included in income in the year of the change in estimate.  Recently Issued Accounting Pronouncements  In December 2010, the Financial Accounting Standards Board (FASB) issued ASU 2010-28, Intangible Goodwill and Other (Topic 350): When to perform Step 2 of the goodwill impairment test for reporting units with zero or negative carrying amounts.  This update requires an entity to perform all steps in the test for a reporting unit whose carrying value is zero or negative if it is more likely than not (more than 50%) that a goodwill impairment exists based on qualitative factors, resulting in the elimination of an entitys ability to assert that such a reporting units goodwill is not impaired and additional testing is not necessary despite the existence of qualitative factors that indicate otherwise.  This ASU is effective for fiscal years beginning after December 15, 2010, and for interim periods within those fiscal years.  The adoption of this standard did not have a material impact on Companys financial statements.  In December 2010, the FASB issued ASU 2010-29, Business Combinations (Topic 805): Disclosure of supplementary pro forma information for business combinations.  This update changes the disclosure of pro forma information for business combinations.  These changes clarify that if a public entity presents comparative financial statements, the entity should disclose revenue and earnings of the combined entity as though the business combination that occurred during the current year had occurred as of the beginning of the comparable prior annual reporting period only.  Also, the existing supplemental pro forma disclosures were expanded to include a description of the nature and amount of material, nonrecurring pro forma adjustments directly attributable to the business combination included in the reported pro forma revenue and earnings.  This ASU is effective for fiscal years beginning after December 15, 2010, and for interim periods within those fiscal years.  The adoption of this standard did not have a material impact on Companys financial statements.  In April 2011, the FASB issued ASU 2011-02, Receivables (Topic 310): A Creditors Determination of Whether a Restructuring is a Troubled Debt Restructuring.  This amendment explains which modifications constitute troubled debt restructurings (TDR).  Under the new guidance, the definition of a troubled debt restructuring remains essentially unchanged, and for a loan modification to be considered a TDR, certain basic criteria must still be met.  For public companies, the new guidance is effective for interim and annual periods beginning on or after June 15, 2011, and applies retrospectively to restructuring occurring on or after the beginning of the fiscal year of adoption.  The adoption of this standard did not have a material impact on Companys financial statements.  In May 2011, the FASB issued ASU 2011-04, Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs, which is effective for annual reporting periods beginning after December 15, 2011.  This guidance amends certain accounting and disclosure requirements related to fair value measurements.  Additional disclosure requirements in the update include: (1) for Level 3 fair value measurements, quantitative information about unobservable inputs used, a description of the valuation processes used by the entity, and a qualitative discussion about the sensitivity of the measurements to changes in the unobservable inputs; (2) for an entitys use of a nonfinancial asset that is different from the assets highest and best use, the reason for the difference; (3) for financial instruments not measured at fair value but for which disclosure of fair value is required, the fair value hierarchy level in which the fair value measurements were determined; and (4) the disclosure of all transfers between Level 1 and Level 2 of the fair value hierarchy.  The adoption of this standard did not have a material impact on Companys financial statements.


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In June 2011, the FASB issued ASU 2011-05, Comprehensive Income (Topic 220): Presentation of Comprehensive Income, which is effective for annual reporting periods beginning after December 15, 2011.  This guidance eliminates the option to present the components of other comprehensive income as part of the statement of changes in stockholders equity.  In addition, items of other comprehensive income that are reclassified to profit or loss are required to be presented separately on the face of the financial statements.  This guidance is intended to increase the prominence of other comprehensive income in financial statements by requiring that such amounts be presented either in a single continuous statement of income and comprehensive income or separately in consecutive statements of income and comprehensive income.  The adoption of this standard did not have a material impact on Companys financial statements.  In September 2011, the FASB issued Accounting Standards Update (ASU) No. 2011-08, Intangibles  Goodwill and Other (Topic 350): Testing Goodwill for Impairment.  The guidance in ASU 2011-08 is intended to reduce complexity and costs by allowing an entity the option to make a qualitative evaluation about the likelihood of goodwill impairment to determine whether it should calculate the fair value of a reporting unit.  The amendments also improve previous guidance by expanding upon the examples of events and circumstances that an entity should consider between annual impairment tests in determining whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount.  Also, the amendments improve the examples of events and circumstances that an entity having a reporting unit with a zero or negative carrying amount should consider in determining whether to measure an impairment loss, if any, under the second step of the goodwill impairment test.  The amendments in this ASU are effective for annual and interim goodwill impairment tests performed for fiscal years beginning after December 15, 2011.  The adoption of this standard did not have a material impact on Companys financial statements.  Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial statements.  Contractual Obligations  As of June 30, 2012, the Company had no contractual obligations.


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ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK  Pursuant to Item 305(e) of Regulation S-K (§ 229.305(e)), the Company is not required to provide the information required by this Item as it is a smaller reporting company, as defined by Rule 229.10(f)(1).   ITEM 4.  CONTROLS AND PROCEDURES    Evaluation of Disclosure Controls and Procedures  As of the end of the period covered by this report, we conducted an evaluation under the supervision and with the participation of our chief executive officer and principal accounting officer of our disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) of the Exchange Act.  A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of our annual or interim financial statements will not be presented or detected on a timely basis.  Based on managements assessment, we have concluded that, as of June 30, 2012, our disclosure controls and procedures were not effective in timely alerting management to the material information relating to us required to be included in our annual and interim filings with the SEC.  Our chief executive officer and principal financial officer have concluded that our disclosure controls and procedures had the following material weaknesses:  We were unable to maintain any segregation of duties within our financial operations due to our reliance on limited personnel in the finance function.  While this control deficiency did not result in any audit adjustments to our interim or annual financial statements, it could have resulted in a material misstatement that might have been prevented or detected by a segregation of duties;  We lack sufficient resources to perform the internal audit function and does not have an Audit Committee;  We do not have an independent Board of Directors, nor do we have a board member designated as an independent financial expert to Company.   As a result, there may be lack of independent oversight of the management team, lack of independent review of our operating and financial results, and lack of independent review of disclosures made by Company; and  Documentation of all proper accounting procedures is not yet complete.  These weaknesses were identified in our Annual Report filed with the SEC on Form 10-K and our quarterly report filed with SEC on Form 10-Q.  These weaknesses have existed since our inception on June 28, 2010 and, as of June 30, 2012, have not been remedied.  To the extent reasonably possible given our limited resources, we intend to take measures to cure the aforementioned material weaknesses, including, but not limited to, the following:  Considering the engagement of consultants to assist in ensuring that accounting policies and procedures are consistent across the organization and that we have adequate control over financial statement disclosures;  Hiring additional qualified financial personnel, including a Chief Financial Officer, on a full-time basis;  Expanding our current board of directors to include additional independent individuals willing to perform directorial functions; and  Increasing our workforce in preparation for exiting the development stage and commencing revenue producing operations.  Since the recited remedial actions will require that we hire or engage additional personnel, these material weaknesses may not be overcome in the near-term due to our limited financial resources.  Until such remedial actions can be realized, we will continue to rely on the limited advice of outside professionals and consultants.  Changes in Controls and Procedures  There have been no changes in our internal control over financial reporting that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.


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PART II - OTHER INFORMATION   ITEM 1.  LEGAL PROCEEDINGS  Currently we are not aware of any litigation pending or threatened by or against the Company.  ITEM 1A.  RISK FACTORS  Not required for Smaller Reporting Company.   ITEM 2.  UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS  On June 27, 2012, Eric R. Boyer and Nina Edstrom (Sellers), who are the major shareholders of Island Radio, Inc. (Company), entered into a Share Purchase Agreement with Chin Yung Kong, Qiuping Lu and Fumin Feng (Purchasers), under which Sellers sold to Purchasers 4,000,000 shares of common stock of the Company (2,000,000 shares to Chin Yung Kong, 1,000,000 shares to Qiuping Lu and 1,000,000 shares to Fumin Feng), which represented approximately 93% of the total issued and outstanding stock of the Company, for a total purchase price of $159,970.00 (Total Purchase Price).  The sold shares are restricted stock that have not been registered with the Securities and Exchange Commission. As result of this share purchase transaction, Chin Yung Kong, Qiuping Lu and Fumin Feng became the controlling shareholders of the Company. In connection with this share purchase transaction, on June 27, 2012, the Companys sole officer and director Nina Edstrom resigned from all positions that she held in the Company; Chin Yung Kong was appointed the Board Director, the Chairman and the President of the Company; Qiuping Lu was appointed the Board Director, the Vice President and the Treasurer of the Company; Fumin Feng was appointed the Board Director and the Secretary of the Company. The new Board of Directors also appointed Chin Yung Kong as the new Chief Executive Officer and Qiuping Lu as the new Chief Financial Officer. On July 24, 2012, Chin Yung Kong resigned from the position of President and Chief Executive Officer of the Company. He still remains a board director of the Company. On July 24, 2012, Yubo Zheng became a new board director and new Secretary of the Company. Qiuping Lu became the new President and new Chief Executive Officer of the Company. Fumin Feng became the new Vice President of the Company.   ITEM 3.  DEFAULTS UPON SENIOR SECURITIES  None  ITEM 4. SUBMISSIONS OF MATTERS TO A VOTE OF SECURITY HOLDERS  None.  ITEM 5.  OTHER INFORMATION  None  ITEM 6.  EXHIBITS  (a) Exhibits  31.1Section 302 Certificate of Chief Executive Officer *31.2Section 302 Certificate of Chief Financial Officer *32.1Section 906 Certificate of Chief Executive Officer *32.2Section 906 Certificate of Chief Financial Officer *  * filed herewith


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Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.   SIGNATURES  China Herb Group Holdings Corporation(Registrant) By: /s/Qiuping Lu  Qiuping Lu President, Director, CEO, CFO  Date: August 07, 2012


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