----

----

| [X]                   | Quarterly      Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of      1934                                               |
|----------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------|
|                       | FOR      THE QUARTERLY PERIOD ENDED September 30, 2008                                                                                          |
|                       | OR                                                                                                                                              |
| [        ]  | Transition      Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of      1934 For      the transition period from to  |
|                       |                                                                                                                                                 |

| Nevada | N/A |
|--------|-----|

| (State      or other jurisdiction of incorporation or organization)  | (IRS      Employer Identification No.)  |
|---------------------------------------------------------------------------|----------------------------------------------|

----

----

----

| China      YouTV Corp.                                                                |   |                                                                                                                                              |   |                                                                                  |
|---------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------|
| (formerly      Admax Resources Inc.)                                                  |   |                                                                                                                                              |   |                                                                                  |
| (A      Development Stage Company)                                                    |   |                                                                                                                                              |   |                                                                                  |
| Balance      Sheets                                                                   |   |                                                                                                                                              |   |                                                                                  |
|                                                                                  |   |                                                                                                                                              |   |                                                                                  |
|                                                                                  |   | September      30,                                                                                                                                |   | June      30,                                                                         |
| (Expressed      in U.S. Dollars)                                                      |   | 2008                                                                                                                                              |   | 2008                                                                                  |
|                                                                                  |   | (Unaudited)                                                                                                                                       |   | (Audited)                                                                             |
| ASSETS                                                                                |   |                                                                                                                                              |   |                                                                                  |
| Current      assets                                                                   |   |                                                                                                                                              |   |                                                                                  |
|    Cash                                                                | $      |                 19,871                                            | $      |       24,484                                            |
|    Prepaid      expenses                                               |   |                     195                       |   |         2,136                                 |
|                                                                                  |   |                                                                                                                                              |   |                                                                                  |
| Total      current assets and total assets                                            | $      |                 20,066                                            | $      |       26,620                                            |
|                                                                                  |   |                                                                                                                                              |   |                                                                                  |
| LIABILITIES                                                                           |   |                                                                                                                                              |   |                                                                                  |
| Current      liabilities                                                              |   |                                                                                                                                              |   |                                                                                  |
|    Accounts      payable and accrued liabilities                       | $      |                 58,475                                            | $      |       60,968                                            |
|    Due      to related party                                           |   |               190,084                                                       |   |     170,084                                                       |
|                                                                                  |   |                                                                                                                                              |   |                                                                                  |
| Total      current liabilities and total liabilities                                  |   |               248,559                                                       |   |     231,052                                                       |
|                                                                                  |   |                                                                                                                                              |   |                                                                                  |
| STOCKHOLDERS'      EQUITY (DEFICIENCY)                                                |   |                                                                                                                                              |   |                                                                                  |
|                                                                                  |   |                                                                                                                                              |   |                                                                                  |
| Stockholders'      Equity (Deficiency)                                                |   |                                                                                                                                              |   |                                                                                  |
|    Preferred      stock: $0.00001 par value;                           |   |                                                                                                                                              |   |                                                                                  |
|    authorized      1,000,000,000 shares,                               |   |                                                                                                                                              |   |                                                                                  |
|    issued      and outstanding 0 and 0 shares, respectively            |   |                         - |   |               - |
|    Common      stock, $0.00001 par value;                              |   |                                                                                                                                              |   |                                                                                  |
|    authorized      1,000,000,000 shares,                               |   |                                                                                                                                              |   |                                                                                  |
|    issued      and outstanding 30,060,000 shares                       |   |                     301                       |   |           301                       |
|    Additional      paid-in capital                                     |   |               681,089                                                       |   |     681,089                                                       |
|    Deferred      stock-based compensation                              |   |             (105,000)                                                                 |   |    (188,750)                                                           |
|    Accumulated      deficit during the development stage               |   |             (804,883)                                                                 |   |    (697,072)                                                           |
|                                                                                  |   |                                                                                                                                              |   |                                                                                  |
| Total      stockholders' equity (deficiency)                                          |   |             (228,493)                                                                 |   |    (204,432)                                                           |
|                                                                                  |   |                                                                                                                                              |   |                                                                                  |
| Total      liabilities and stockholders' equity (deficiency)                          | $      |                 20,066                                            | $      |       26,620                                            |
| (The      accompanying notes are an integral part of these financial      statements) |   |                                                                                                                                              |

----

| China      YouTV Corp.                                                                |   |                                                                                                                                              |   |                                                                                                                                              |   |                                                                                                                                                                                                          |
|---------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (formerly      Admax Resources Inc.)                                                  |   |                                                                                                                                              |   |                                                                                                                                              |   |                                                                                                                                                                                                          |
| (A      Development Stage Company)                                                    |   |                                                                                                                                              |   |                                                                                                                                              |   |                                                                                                                                                                                                          |
| Statements      of Operations                                                         |   |                                                                                                                                              |   |                                                                                                                                              |   |                                                                                                                                                                                                          |
| For      the three monts ended September 30, 2008 and 2007 and for the      period    |   |                                                                                                                                              |   |
| from      May 18, 2005 (Inception) to September 30, 2008                              |   |                                                                                                                                              |   |                                                                                                                                              |   |
| (Unaudited)                                                                           |   |                                                                                                                                              |   |                                                                                                                                              |   |                                                                                                                                                                                                          |
|                                                                                  |   |                                                                                                                                              |   |                                                                                                                                              |   | Cumulative                                                                                                                                                                                                    |
|                                                                                  |   |                                                                                                                                              |   |                                                                                                                                              |   | during      the                                                                                                                                                                                               |
|                                                                                  |   |                                                                                                                                              |   |                                                                                                                                              |   | development                                                                                                                                                                                                   |
|                                                                                  |   |                                                                                                                                              |   |                                                                                                                                              |   | stage      (May 18,                                                                                                                                                                                           |
|                                                                                  |   | Three      months ended September30,                                                                                                              |   | 2005      to                                                                                                                                      |
| (Expressed      in U.S. Dollars)                                                      |   | 2008                                                                                                                                              |   | 2007                                                                                                                                              |   | September      30, 2008)                                                                                                                                                                                      |
|                                                                                  |   |                                                                                                                                              |   |                                                                                                                                              |   |                                                                                                                                                                                                          |
| Revenue                                                                               | $      |                         - | $      |                         - | $      |                                   - |
|                                                                                  |   |                                                                                                                                              |   |                                                                                                                                              |   |                                                                                                                                                                                                          |
| Expenses                                                                              |   |                                                                                                                                              |   |                                                                                                                                              |   |                                                                                                                                                                                                          |
|   General      and administrative                                           |   |                        107,811 |   |                    63,952                          |   |                             797,411                               |
|   Impairment      of mineral claim acquisition costs and                    |   |                                                                                                                                              |   |                                                                                                                                              |   |                                                                                                                                                                                                          |
|   mineral      claim exploration and carrying costs                         |   |                         - |   |                         - |   |                             7,794                                 |
|                                                                                  |   |               107,811                                                       |   |                63,952                                                  |   |                         805,205                                                       |
|                                                                                  |   |                                                                                                                                              |   |                                                                                                                                              |   |                                                                                                                                                                                                          |
| Operating      loss                                                                   |   |             (107,811)                                                                 |   |               (63,952)                                                      |   |                        (805,205)                                                           |
|                                                                                  |   |                                                                                                                                              |   |                                                                                                                                              |   |                                                                                                                                                                                                          |
| Other      income                                                                     |   |                                                                                                                                              |   |                                                                                                                                              |   |                                                                                                                                                                                                          |
|   Interest      income                                                      |   |                         - |   |                         - |   |                               322                       |
|                                                                                  |   |                                                                                                                                              |   |                                                                                                                                              |   |                                                                                                                                                                                                          |
| Net      loss                                                                         | $      |             (107,811)                                                                 | $      |               (63,952)                                                      | $      |                        (804,883)                                                           |
|                                                                                  |   |                                                                                                                                              |   |                                                                                                                                              |   |                                                                                                                                                                                                          |
| Net      loss per share                                                               |   |                                                                                                                                              |   |                                                                                                                                              |   |                                                                                                                                                                                                          |
| Basic      and diluted                                                                | $      |                  (0.00)                                      | $      |                  (0.00)                                      |   |                                                                                                                                                                                                          |
|                                                                                  |   |                                                                                                                                              |   |                                                                                                                                              |   |                                                                                                                                                                                                          |
| Number      of common shares used to                                                  |   |                                                                                                                                              |   |                                                                                                                                              |   |                                                                                                                                                                                                          |
| compute      loss per share                                                           |   |                                                                                                                                              |   |                                                                                                                                              |   |                                                                                                                                                                                                          |
|   Basic and      diluted                                                    |   |          30,060,000                                                                                  |   |          24,160,000                                                                                  |   |                                                                                                                                                                                                          |
| (The      accompanying notes are an integral part of these financial      statements) |   |                                                                                                                                              |   |                                                                                                                                              |

----

| China      YouTV Corp.                                                                |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
|---------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------|
| (formerly      Admax Resources Inc.)                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| (A      Development Stage Company)                                                    |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| Statements      of Stockholders' Equity (Deficiency)                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |
| For      the period May 18, 2005 (Inception) to September 30, 2008                    |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |
| (Unaudited)                                                                           |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |  Deficit                                                                                                                                                       |                                                                                                                                              |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            | Accumulated                                                                                                                                                         | Total                                                                                                                                             |
|                                                                                  |  Common      Stock, $0.00001                                                                                         | Deferred                                                                                                | During      the                                                                                                                                                           | Stockholders'                                                                                                                                                                   |
|                                                                                  |  Par      Value                                                                                                      |                                                                                                    |  Additional                                                                                                                                                          |  Stock-Based                                                                                                                                                               |  Development                                                                                                                                                   | Equity                                                                                                                                            |
| (Expressed      in U.S. Dollars)                                                      |  Shares                                                                                                              |  Amount                                                                                            |  paid-in      capital                                                                                                                                                |  Compensation                                                                                                                                                              |  Stage                                                                                                                                                         | (Deficiency)                                                                                                                                      |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| Common      stock issued to two officers                                              |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| and      directors for cash on May 19, 2005                                           |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| at      a price of $0.000001 per share                                                |     10,000,000                                                                                        |  $         100                                        |  $                     (90)                                 |  $                          -            |  $                        -            |  $                   10                       |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| Net      loss for the period ended June 30, 2005                                      |                     - |                  - |                             - |                              - |                (14,936)                                                                  |              (14,936)                                                            |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| Balance,      June 30, 2005                                                           |     10,000,000                                                                                        |             100                             |                         (90)                      |                              - |                (14,936)                                                                  |              (14,926)                                                            |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| Common      stock issued for cash                                                     |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| on      September 29, 2005 at a price of                                              |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| $0.0025      per share                                                                |     13,800,000                                                                                        |             138                             |                    34,362                                                  |                              - |                            - |                34,500                                                  |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| Net      loss for the year ended June 30, 2006                                        |                     - |                  - |                             - |                              - |                (27,540)                                                                  |              (27,540)                                                            |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| Balance,      June 30, 2006                                                           |     23,800,000                                                                                        |             238                             |                    34,272                                                  |                              - |                (42,476)                                                                  |                (7,966)                                                 |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| Common      stock contracted on March 10,                                             |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| 2007      to be issued for services to be rendered                                    |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| from      April 1, 2007 to September 30, 2008                                         |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| (issued      on July 1, 2007)                                                         |          250,000                                                             |                 3       |                  187,497                                                             |                 (187,500)                                                                       |                            - |                         - |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| Common      stock issued on June 22, 2007 for                                         |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| consulting      services rendered                                                     |          100,000                                                             |                 1       |                    44,679                                                  |                              - |                            - |                44,680                                                  |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| Common      stock issued on June 22, 2007 for                                         |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| legal      services rendered                                                          |            10,000                                                  |                  - |                      4,500                                       |                              - |                            - |                  4,500                                       |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| Amortization      of stock-based compensation                                         |                     - |                  - |                             - |                    31,250                                                        |                            - |                31,250                                                  |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| Net      loss for the year ended June 30, 2007                                        |                     - |                  - |                             - |                                                                                                                                                                            |              (161,753)                                                                             |            (161,753)                                                                       |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| Balance,      June 30, 2007                                                           |     24,160,000                                                                                        |             242                             |                  270,948                                                             |                 (156,250)                                                                       |              (204,229)                                                                             |              (89,289)                                                            |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| Common      stock issued on October 1, 2007 for                                       |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| services      to be rendered from October 1, 2007                                     |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| to      March 31, 2009                                                                |       4,500,000                                                                             |               45                  |                  314,955                                                             |                 (315,000)                                                                       |                            - |                         - |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| Common      stock issued on March 4, 2008 for                                         |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| investor      relations services to be rendered                                       |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| from      March 1, 2008 to May 31, 2008                                               |       1,400,000                                                                             |               14                  |                    95,186                                                  |                   (95,200)                                                            |                            - |                         - |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| Amortization      of stock-based compensation                                         |                     - |                  - |                             - |                  377,700                                                                   |                            - |              377,700                                                             |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| Net      loss for the year ended June 30, 2008                                        |                     - |                  - |                             - |                              - |              (492,843)                                                                             |            (492,843)                                                                       |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| Balance,      June 30, 2008                                                           |     30,060,000                                                                                        |             301                             |                  681,089                                                             |                 (188,750)                                                                       |              (697,072)                                                                             |            (204,432)                                                                       |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| Amortization      of stock-based compensation                                         |                     - |                  - |                             - |                    83,750                                                        |                            - |                83,750                                                  |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| Net      loss for the three months ended                                              |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| September      30, 2008                                                               |                     - |                  - |                             - |                              - |              (107,811)                                                                             |            (107,811)                                                                       |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
|                                                                                  |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |                                                                                                                                                                |                                                                                                                                              |
| Balance,      September 30, 2008                                                      |     30,060,000                                                                                        |  $         301                                        |  $              681,089                                                                        |  $             (105,000)                                                                                  |  $          (804,883)                                                                                        |  $        (228,493)                                                                                  |
| (The      accompanying notes are an integral part of these financial      statements) |                                                                                                                      |                                                                                                    |                                                                                                                                                                      |                                                                                                                                                                            |

----

| China      YouTV Corp.                                                                 |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
|----------------------------------------------------------------------------------------|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (formerly      Admax Resources Inc.)                                                   |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
| (A      Development Stage Company)                                                     |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
| Statements      of Cash Flows                                                          |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
| For      the three months ended September 30, 2008 and 2007 and for the      period    |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
| from      May 18 (Inception) to September 30, 2008                                     |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
| (Unaudited)                                                                            |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
|                                                                                   |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
|                                                                                   |    |                                                                                                                                                    |    |                                                                                                                                                    |    |  Cumulative                                                                                                                                                                                                                            |
|                                                                                   |    |                                                                                                                                                    |    |                                                                                                                                                    |    |  during      the                                                                                                                                                                                                                       |
|                                                                                   |    |                                                                                                                                                    |    |                                                                                                                                                    |    |  development                                                                                                                                                                                                                           |
|                                                                                   |    |                                                                                                                                                    |    |                                                                                                                                                    |    |  stage      (May 18,                                                                                                                                                                                                                   |
|                                                                                   |    |  Three      months ended September 30,                                                                                                             |    |  2005      to                                                                                                                                      |
| (Expressed      in U.S. Dollars)                                                       |    |  2008                                                                                                                                              |    |  2007                                                                                                                                              |    |  September      30, 2008)                                                                                                                                                                                                              |
|                                                                                   |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
| Cash      flows from (used in) operating activities                                    |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
|    Net      loss for the period                                         |  $ |             (107,811)                                                                       |  $ |               (63,952)                                                            |  $ |                           (804,883)                                                                       |
|    Adjustments      to reconcile net income (loss) to net cash used for |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
|    operating      activities:                                           |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
|      Impairment      of mineral property costs                |    |                          - |    |                          - |    |                                 6,033                                       |
|      Stock-based      compensation                            |    |                83,750                                                        |    |                31,250                                                        |    |                             541,880                                                             |
|    Changes      in operating assets and liabilities:                    |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
|       Prepaid      expenses                              |    |                  1,941                                             |    |                 (2,994)                                                 |    |                                  (195)                                 |
|       Accounts      payable and accrued liabilities      |    |                 (2,493)                                                 |    |                12,054                                                        |    |                               58,475                                                  |
| Net      cash used for operating activities                                            |    |               (24,613)                                                            |    |               (23,642)                                                            |    |                           (198,690)                                                                       |
|                                                                                   |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
| Cash      flows from (used in) investing activities                                    |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
|   Mineral      claim acquisition costs incurred                              |    |                          - |    |                          - |    |                               (6,033)                                                 |
| Cash      flows from (used in) investing activities                                    |    |                          - |    |                          - |    |                               (6,033)                                                 |
|                                                                                   |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
| Cash      flows from (used in) financing activities                                    |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
|   Loans      from related party                                              |    |                20,000                                                        |    |                18,000                                                        |    |                             190,084                                                             |
|   Proceeds      from sales of common stock                                   |    |                          - |    |                          - |    |                               34,510                                                  |
| Net      cash provided by financing activities                                         |    |                20,000                                                        |    |                18,000                                                        |    |                             224,594                                                             |
|                                                                                   |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
| Increase      (decrease) in cash                                                       |    |                 (4,613)                                                 |    |                 (5,642)                                                 |    |                               19,871                                                  |
|                                                                                   |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
| Cash,      beginning of period                                                         |    |                24,484                                                        |    |                  7,922                                             |    |                                        - |
| Cash,      end of period                                                               |  $ |                19,871                                                        |  $ |                  2,280                                             |  $ |                               19,871                                                  |
|                                                                                   |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
|                                                                                   |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
| Supplemental      disclosure of cash flow information:                                 |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |
|     Interest      paid                                             |  $ |                          - |  $ |                          - |  $ |                                        - |
|     Income      tax paid                                           |  $ |                          - |  $ |                          - |  $ |                                        - |
| (The      accompanying notes are an integral part of these financial      statements)  |    |                                                                                                                                                    |    |                                                                                                                                                    |    |                                                                                                                                                                                                                                        |

----

----

|                                 | September      30,                                                                                                   | June      30,                                                                    |
|--------------------------------------|----------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------|
|                                 | 2008                                                                                                                 | 2008                                                                             |
|                                 |                                                                                                                 |                                                                             |
| Net      operating loss carryforward |  $        142,584                                                       |  $  134,163                                                       |
| Less      valuation allowance        |          (142,584)                                                      |    (134,163)                                                      |
| Net                                  |  $                  - |  $            - |

|                                        | Three      months ended                                                    |
|---------------------------------------------|----------------------------------------------------------------------------|
|                                        | September      30,                                                         |
|                                        | 2008                                                                       | 2007 |
|                                        |                                                                       |   |
| Expected      tax at 35%                    |  $  (37,734)                                                |  $  (22,383) |
| Nondeductible      stock-based compensation |       29,313                                 |               - |
| Change      in valuation allowance          |         8,421                      |       22,383 |
| Actual      provision for income taxes      |  $           - |  $           - |

----

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| - | Launched      a video site of CCTV’s TV program “Exploring High and  Low”. |
|---|----------------------------------------------------------------------------------------------|
| - | Launched      value-added travel services together with  ManGocity.com.                      |

| - | Sulake      Corporation Ltd. (HABBO) to host “HABBO Original DV Shorts Contest” on      CnBoo; |
|---|------------------------------------------------------------------------------------------------------------|
| - | VVSky      Broadband Media Group to acquire short video programs to feature on      CnBoo;                 |

| -      | Beijing      TaiDe Interactive Technology Co. Ltd. to cooperate on video sharing      contents;                |
|--------|----------------------------------------------------------------------------------------------------------------|
|   | Beijing      SiHaiDongXing Culture and Media Ltd. to develop online videos for      high-speed internet users; |

| - | Youyi      Chunqiu Network Technology Ltd. Co. to promote online game “Pick” on      CnBoo;                              |
|---|--------------------------------------------------------------------------------------------------------------------------------------|
| - | Asia      Media Group to promote “Creative Tube”-Global Awards of Chinese New Media      Creative Tube Contest on CnBoo; |

| - | Hangzhou      Julian Technology Co., Ltd. to jointly host a Video Creativity Competition      on CnBoo. |
|---|---------------------------------------------------------------------------------------------------------|
| - | Beijing      Zhide Diankang E-Business Co. Ltd. (Zhide) to exchange online video      resources.        |

| - | Beijing      Melting Point Ark Cultural Development Co., Ltd to promote its published      albums. |
|---|----------------------------------------------------------------------------------------------------|
| - | Music      Nation Records Company Ltd. to use its audio and video files on      CnBoo;             |

| - | Shanghai      Yue Sheng Information Technology Co., Ltd. to launch an exclusive music      shopping channel on CnBoo;                |
|---|--------------------------------------------------------------------------------------------------------------------------------------|
| - | Beijing      Da Sheng Chang Xiang Culture Broadcasting Co., Ltd. to promote an album of      Chinese pop star Zhang Bo Hong onCnBoo; |

| - | Beijing      Baiyi Xingtu Culture Co., Ltd and Beijing Bermu Culture Development Co.,      Ltd to launch online streaming service on CnBoo; |
|---|---------------------------------------------------------------------------------------------------------------------------------------------|
| - | Beijing      Tianyu Brothers Information Technology Co., Ltd. to enhance the online      content of CnBoo’s new musicchannel;         |

| - | Beijing      Feixingzhe Records Co., Ltd and Beijing Dasheng Xianzhi Culture Co., Ltd      to legally broadcast new songs on CnBoo’s Music  Channel; |
|---|------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Beijing      Megadia Company to host Humor channel onCnBoo; |
|--------|-------------------------------------------------------------|

| -      | Unlimited      Chance Technology Development Co., Ltd. to share and exchange advertising      resources; |
|--------|----------------------------------------------------------------------------------------------------------|
|   | Shen      Zhou Yipin Advertising Co., Ltd. to promote CnBoo on    trains.                                |

| - | Cai      Hua Media AD Ltd. to explore innovative financing      opportunities. |
|---|--------------------------------------------------------------------------------|

| - | 21Century      Network Co.: signed a cooperation and revenue sharing agreement for      “Special DV Shorts” channel on Vnet; |
|---|------------------------------------------------------------------------------------------------------------------------------------------|
| - | TianWeiYuanChang      Co.: HuaJu is entitled to 70% of the profit from online advertisements      with TianWei content;                  |

| - | Beijing      Jiahe Interactive Network Technology Co., Ltd.: Both parties work together      to launch a new category “Video House” on CnBoo. HuaJu will be entitled to      40% of revenue generated from the advertisements; |
|---|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| - | Shanghai      Vekee Advertising Co. Ltd.: signed a long-term revenue based contract to      distribute advertisements on CnBoo;                                                                                                            |

| 1.             Cooperation with Gome: The Company signed a contract with Gome to use its      publicizing platform to promote CnBoo and 3G digital space cards,      meanwhile the Original DV contest will be hosted in Gome’s selected stores      during major Chinese holiday. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.             Cooperation with Z-CARD UK: The Company has been officially appointed as      the first agent for Z-CARD’s advertisements of major consumer sectors in      Greater China. |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.             Cooperation with APEPCY (AIDS Prevention Education Project for Chinese      Youth): The Company was exclusively authorized by APEPCY to negotiate with      media operators using LED displays with respect to the cooperation issues      concerned. If the Company successfully locates media operators, all LED      displays will have CnBoo’s logo onthem. |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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----

----

| 3.1     Articles      of Incorporation are hereby incorporated by reference from our      registration statement on Form SB-2 filed with the Commission on December      20, 2005. |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.2    By-Laws      are hereby incorporated by reference from our registration statement      on Form SB-2 filed with the Commission on December 20,      2005.                                                                                                          |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |

| 31.1 | Rule      13a-14(a)/15d-14(a) Certifications of James Wei, President and Principal      Executive Officer.                              |
|------|-----------------------------------------------------------------------------------------------------------------------------------------|
| 31.2 | Rule      13a-14(a)/15d-14(a) Certifications of Jie Wang, Principal Financial Officer, Principal Accounting      Officer and Treasurer. |
| 32.1 | Section 1350      Certifications of James Wei.                                                                                          |
| 32.2 | Section 1350      Certifications of JieWang.                                                                                            |

| November      13, 2008 | /s/James      Wei                                                             |
|------------------------|-------------------------------------------------------------------------------|
|                   |  James      Wei                                                          |
|                   | President(Principal      Executive Officer)                              |
| November      13, 2008 | /s/Jie      Wang                                                              |
|                   | Jie      Wang                                                                 |
|                   | Chief      Financial Officer(Principal      Financial and Accounting Officer) |

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