----

----

| [X]                  | Quarterly      Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of      1934  |
|----------------------|----------------------------------------------------------------------------------------------------|
|                 | FOR      THE QUARTERLY PERIOD ENDED December 31, 2007                                              |
|                 |                                                                                               |
|                 | 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                                                              |                                                                                          |                                                                                                                |                                                      |                                                                            |
| (Expressed      in US Dollars)                                                   |                                                                                          |                                                                                                                |                                                      |                                                                            |
|                                                                             |                                                                                          |                                                                                                                |                                                      |                                                                            |
|                                                                             |                                                                                          |                                                                                                                |                                                      |                                                                            |
|                                                                             |                                                                                          | December      31,                                                                                                   |                                                      | June      30,                                                                   |
|                                                                             |                                                                                          | 2007                                                                                                                |                                                      | 2007                                                                            |
|                                                                             |                                                                                          | (Unaudited)                                                                                                         |                                                      | (Audited)                                                                       |
|                                                                             |                                                                                          |                                                                                                                |                                                      | (Restated)                                                                      |
| ASSETS                                                                           |                                                                                          |                                                                                                                |                                                      |                                                                            |
| Current      Assets                                                              |                                                                                          |                                                                                                                |                                                      |                                                                            |
| Cash                                                                             | $                                                                                             |           31,558                                                  | $                                                         |        7,922                                 |
| Prepaid      expenses                                                            |                                                                                          |             5,922                                       |                                                      |        1,704                                 |
| Total      Current Assets                                                        |                                                                                          |           37,480                                                  |                                                      |        9,626                                 |
|                                                                             |                                                                                          |                                                                                                                |                                                      |                                                                            |
| Other      assets                                                                |                                                                                          |                    - |                                                      |              - |
| Total      Assets                                                                | $                                                                                             |           37,480                                                  | $                                                         |        9,626                                 |
|                                                                             |                                                                                          |                                                                                                                |                                                      |                                                                            |
| LIABILITIES      AND STOCKHOLDERS' EQUITY (DEFICIENCY)                           |                                                                                          |                                                                                                                |                                                      |                                                                            |
|                                                                             |                                                                                          |                                                                                                                |                                                      |                                                                            |
| Current      Liabilities                                                         |                                                                                          |                                                                                                                |                                                      |                                                                            |
| Accounts      payable and accrued liabilities                                    | $                                                                                             |           43,711                                                  | $                                                         |      36,795                                            |
| Due      to related party                                                        |                                                                                          |          145,084                                                       |                                                      |      62,120                                            |
| Total      current liabilities                                                   |                                                                                          |          188,795                                                       |                                                      |      98,915                                            |
| Stockholders'      Equity (Deficiency)                                           |                                                                                          |                                                                                                                |                                                      |                                                                            |
| Preferred      stock, $0.00001 par value; authorized 1,000,000,000shares,        |                                                                                          |                                                                                                                |                                                      |                                                                            |
| Issued      and outstanding: 0 and 0 shares, respectively                        |                                                                                          |                    - |                                                      |              - |
| Common      stock, $0.00001 par value; authorized 1,000,000,000shares,           |                                                                                          |                                                                                                                |                                                      |                                                                            |
| Issued      and outstanding: 28,660,000 and 24,160,000 shares,      respectively |                287 |                                                                                                                |          242 |
| Additional      paid-in capital                                                  |                                                                                          |          585,903                                                       |                                                      |    270,948                                                       |
| Deferred      stock-based compensation                                           |                                                                                          |        (356,250)                                                                 |                                                      |   (156,250)                                                           |
| Deficit      accumulated during                                                  |                                                                                          |                                                                                                                |                                                      |                                                                            |
| the      development stage                                                       |                                                                                          |        (381,255)                                                                 |                                                      |   (204,229)                                                           |
| Total      stockholders' equity (deficiency)                                     |                                                                                          |        (151,315)                                                                 |                                                      |     (89,289)                                                |
| Total      Liabilities and Stockholders' Equity (Deficiency)                     | $                                                                                             |           37,480                                                  | $                                                         |        9,626                                 |
|                                                                             |                                                                                          |                                                                                                                |                                                      |                                                                            |
| See      notes to financial statements.                                          |                                                                                          |                                                                                                                |                                                      |                                                                            |

| China      YouTV Corp. (formerly Admax Resources Inc.)       |   |                                                                            |                               |                                                                            |   |                                                                                              |   |                                                                                              |   |                                                                                                                                                                                        |
|--------------------------------------------------------------|--------|---------------------------------------------------------------------------------|------------------------------------|---------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (A      Development Stage Company)                           |   |                                                                            |                               |                                                                            |   |                                                                                              |   |                                                                                              |   |                                                                                                                                                                                        |
| Statements      of Operations                                |   |                                                                            |                               |                                                                            |   |                                                                                              |   |                                                                                              |   |                                                                                                                                                                                        |
| (Expressed      in US Dollars)                               |   |                                                                            |                               |                                                                            |   |                                                                                              |   |                                                                                              |   |                                                                                                                                                                                        |
| (Unaudited)                                                  |   |                                                                            |                               |                                                                            |   |                                                                                              |   |                                                                                              |   |                                                                                                                                                                                        |
|                                                         |   |                                                                            |                               |                                                                            |   |                                                                                              |   |                                                                                              |   |                                                                                                                                                                                        |
|                                                         |   | Three      months ended December 31,                                            | Six      months ended December 31, | Cumulative      during the development stage (May 18, 2005 to                   |
|                                                         |   | 2007                                                                            |                               | 2006                                                                            |   | 2007                                                                                              |   | 2006                                                                                              |   |        December 31,2007)                                                                                                                                                               |
|                                                         |   |                                                                            |                               |                                                                            |   |                                                                                              |   |                                                                                              |   |                                                                                                                                                                                        |
|                                                         |   |                                                                            |                               |                                                                            |   |                                                                                              |   |                                                                                              |   |                                                                                                                                                                                        |
| Revenues                                                     | $      |              - | $                                  |              - | $      |                 - | $      |                 - | $      |                                - |
|                                                         |   |                                                                            |                               |                                                                            |   |                                                                                              |   |                                                                                              |   |                                                                                                                                                                                        |
| Expenses                                                     |   |                                                                            |                               |                                                                            |   |                                                                                              |   |                                                                                              |   |                                                                                                                                                                                        |
| General      and administrative                              |   |    113,074                                                       |                               | 7,225                                                                           |   |       177,026                                                       |   |         13,585                                            |   |                      373,783                                                       |
| Impairment      of mineral claim acquisition costs and       |   |                                                                            |                               |                                                                            |   |                                                                                              |   |                                                                                              |   |                                                                                                                                                                                        |
|   mineral      claim exploration and carrying cost |   |              - |                               |        1,761                                 |   |                 - |   |          3,579                                       |   |                          7,794                                 |
| Total      costs and expenses                                |   |    113,074                                                       |                               |        8,986                                 |   |       177,026                                                       |   |         17,164                                            |   |                      381,577                                                       |
| Income      (loss) from operations                           |   |   (113,074)                                                           |                               |      (8,986)                                           |   |     (177,026)                                                                 |   |       (17,164)                                                      |   |                     (381,577)                                                           |
| Interest      income                                         |   |              - |                               |              - |   |                 - |   |                 - |   |                            322                       |
| Net      Loss                                                | $      |   (113,074)                                                           | $                                  |      (8,986)                                           | $      |     (177,026)                                                                 | $      |       (17,164)                                                      | $      |                     (381,255)                                                           |
|                                                         |   |                                                                            |                               |                                                                            |   |                                                                                              |   |                                                                                              |   |                                                                                                                                                                                        |
| Net      Loss per share                                      |   |                                                                            |                               |                                                                            |   |                                                                                              |   |                                                                                              |   |                                                                                                                                                                                        |
| Basic      and diluted                                       | $      | (0.00)                                                                          | $                                  | (0.00)                                                                          | $      | (0.01)                                                                                            | $      | (0.00)                                                                                            |   |                                                                                                                                                                                        |
|                                                         |   |                                                                            |                               |                                                                            |   |                                                                                              |   |                                                                                              |   |                                                                                                                                                                                        |
|                                                         |   |                                                                            |                               |                                                                            |   |                                                                                              |   |                                                                                              |   |                                                                                                                                                                                        |
| Number      of common shares used to                         |   |                                                                            |                               |                                                                            |   |                                                                                              |   |                                                                                              |   |                                                                                                                                                                                        |
| compute      loss per share                                  |   |                                                                            |                               |                                                                            |   |                                                                                              |   |                                                                                              |   |                                                                                                                                                                                        |
| Basic      and Diluted                                       |   | 28,513,261                                                                      |                               | 23,800,000                                                                      |   |   26,336,630                                                                            |   |   23,800,000                                                                            |   |                                                                                                                                                                                        |
|                                                         |   |                                                                            |                               |                                                                            |   |                                                                                              |   |                                                                                              |   |                                                                                                                                                                                        |
| See      notes to 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 December 31, 2007 |                                                                                              |                            |                                                          |                                                  |                                                                            |   |                                                                                                                            |    |                                                                                                                                                                |   |                                                                                                    |
| (Expressed      in US Dollars)                                    |                                                                                              |                            |                                                          |                                                  |                                                                            |   |                                                                                                                            |    |                                                                                                                                                                |   |                                                                                                    |
|                                                              |                                                                                              |                            |                                                          |                                                  |                                                                            |   |                                                                                                                            |    |                                                                                                                                                                |   |                                                                                                    |
|                                                              |                                                                                              |                            |                                                          |                                                  |                                                                            |   |                                                                                                                            |    |                                                                                                                                                                |   |                                                                                                    |
|                                                              | Common      Stock, $0.00001 Par Value                                                             | Additional      Paid-in Capital | Deferred      Stock-Based Compensation                        | Deficit      Accumulated During the Development Stage | Total      Stockholders' Equity (Deficiency)                                    |
|                                                              | Shares                                                                                            |                            | Amount                                                        |                                                  |                                                                            |   |                                                                                                                            |    |                                                                                                                                                                |   |                                                                                                    |
| 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                                                     |                 - |                            |           - |                                                  |              - |   |                      - |    |                  (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                                        |                 - |                            |           - |                                                  |              - |   |                      - |    |                  (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      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 (Restated)                            |   24,160,000                                                                            |                            |       242                       |                                                  |    270,948                                                       |   |          (156,250)                                                                 |    |                (204,229)                                                                 |   |         (89,289)                                                |
| Unaudited:                                                        |                                                                                              |                            |                                                          |                                                  |                                                                            |   |                                                                                                                            |    |                                                                                                                                                                |   |                                                                                                    |
| Amortization      of stock-based compensation                     |                 - |                            |           - |                                                  |              - |   |              31,250                                            |    |                            - |   |          31,250                                            |
| Net      loss                                                     |                 - |                            |           - |                                                  |              - |   |                      - |    |                  (63,952)                                                      |   |         (63,952)                                                |
| Balance,      September 30, 2007 (Restated)                       |   24,160,000                                                                            |                            |       242                       |                                                  |    270,948                                                       |   |          (125,000)                                                                 |    |                (268,181)                                                                 |   |       (121,991)                                                           |
| 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)                                                                 |    |                            - |   |                  - |
| Amortization      of stock-based compensation                     |                 - |                            |           - |                                                  |              - |   |              83,750                                            |    |                            - |   |          83,750                                            |
| Net      loss                                                     |                 - |                            |           - |                                                  |              - |   |                      - |    | (113,074)                                                                                                                                                           |   |       (113,074)                                                           |
| Balance,      December 31, 2007                                   |   28,660,000                                                                            | $                               |       287                       | $                                                     |    585,903                                                       | $      |          (356,250)                                                                 | $       |                (381,255)                                                                 | $      |       (151,315)                                                           |
|                                                              |                                                                                              |                            |                                                          |                                                  |                                                                            |   |                                                                                                                            |    |                                                                                                                                                                |   |                                                                                                    |
| See      notes to financial statements.                           |                                                                                              |                            |                                                          |                                                  |                                                                            |   |                                                                                                                            |    |                                                                                                                                                                |   |                                                                                                    |

| China      YouTV Corp. (formerly Admax Resources Inc.)     |    |                                                                      |                                                                                  |                                                                |   |                                                                                                                                                                            |
|------------------------------------------------------------|---------|---------------------------------------------------------------------------|---------------------------------------------------------------------------------------|---------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (A      Development Stage Company)                         |    |                                                                      |                                                                                  |                                                                |   |                                                                                                                                                                            |
| Statements      of Cash Flows                              |    |                                                                      |                                                                                  |                                                                |   |                                                                                                                                                                            |
| (Expressed      in US Dollars)                             |    |                                                                      |                                                                                  |                                                                |   |                                                                                                                                                                            |
| (Unaudited)                                                |    |                                                                      |                                                                                  |                                                                |   |                                                                                                                                                                            |
|                                                       |    |                                                                      |                                                                                  |                                                                |   |                                                                                                                                                                            |
|                                                       |    | Six      months ended December 31,                                        | Cumulative      during the development stage (May 18, 2005 to December 31,      2007) |
|                                                       |    | 2007                                                                      |                                                                                  | 2006                                                                |   |                                                                                                                                                                            |
|                                                       |    |                                                                      |                                                                                  |                                                                |   |                                                                                                                                                                            |
| Cash      Flows from Operating Activities                  |    |                                                                      |                                                                                  |                                                                |   |                                                                                                                                                                            |
| Net      income (loss)                                     | $       | (177,026)                                                                 | $                                                                                     |  (17,164)                                                      | $      |                   (381,255)                                                           |
| Adjustments      to reconcile net income (loss) to         |    |                                                                      |                                                                                  |                                                                |   |                                                                                                                                                                            |
| net      cash provided by (used for) operating activities: |    |                                                                      |                                                                                  |                                                                |   |                                                                                                                                                                            |
| Impairment      of mineral claim acquisition costs         |    |             - |                                                                                  |            - |   |                        6,033                                 |
| Stock-based      compensation                              |    |   115,000                                                       |                                                                                  |            - |   |                    195,430                                                       |
| Changes      in operating assets and liabilities           |    |                                                                      |                                                                                  |                                                                |   |                                                                                                                                                                            |
| Prepaid      expenses                                      |    |     (4,218)                                           |                                                                                  |            - |   |                      (5,922)                                           |
| Accounts      payable and accrued liabilities              |    |      6,916                                       |                                                                                  |       (182)                           |   |                      43,711                                            |
| Net      cash provided by (used for) operating activities  |    |   (59,328)                                                      |                                                                                  |  (17,346)                                                      |   |                   (142,003)                                                           |
| Cash      Flows from Investing Activities                  |    |                                                                      |                                                                                  |                                                                |   |                                                                                                                                                                            |
| Mineral      claim acquisition costs incurred              |    |             - |                                                                                  |            - |   |                      (6,033)                                           |
| Net      cash provided by (used for) investing activities  |    |             - |                                                                                  |            - |   |                      (6,033)                                           |
| Cash      Flows from Financing Activities                  |    |                                                                      |                                                                                  |                                                                |   |                                                                                                                                                                            |
| Loans      from related party                              |    |    82,964                                                  |                                                                                  |    18,000                                            |   | 145,084                                                                                                                                                                         |
| Proceeds      from sales of common stock                   |    |             - |                                                                                  |            - |   | 34,510                                                                                                                                                                          |
| Net      cash provided by (used for) financing activities  |    |    82,964                                                  |                                                                                  |    18,000                                            |   | 179,594                                                                                                                                                                         |
| Increase      (decrease) in cash                           |    |    23,636                                                  |                                                                                  |        654                       |   |                      31,558                                            |
|                                                       |    |                                                                      |                                                                                  |                                                                |   |                                                                                                                                                                            |
| Cash,      beginning of period                             |    |      7,922                                       |                                                                                  |    17,523                                            |   |                              - |
|                                                       |    |                                                                      |                                                                                  |                                                                |   |                                                                                                                                                                            |
| Cash,      end of period                                   | $       |    31,558                                                  | $                                                                                     |    18,177                                            | $      | 31,558                                                                                                                                                                          |
|                                                       |    |                                                                      |                                                                                  |                                                                |   |                                                                                                                                                                            |
|                                                       |    |                                                                      |                                                                                  |                                                                |   |                                                                                                                                                                            |
| Supplemental      disclosures of cash flow information:    |    |                                                                      |                                                                                  |                                                                |   |                                                                                                                                                                            |
| Interest      paid                                         |  $ |          38                  |  $                                                                               |            - | $      |                            38            |
| Income      taxes paid                                     |  $ |             - |  $                                                                               |            - | $      |                              - |
|                                                       |    |                                                                      |                                                                                  |                                                                |   |                                                                                                                                                                            |
| See      notes to financial statements.                    |    |                                                                      |                                                                                  |                                                                |   |                                                                                                                                                                            |

----

----

| Net      operating loss carryforward | $      | 82,252        |
|--------------------------------------|--------|---------------|
| Less      valuation allowance        |   | (82,252)      |
| Net                                  | $      |   - |

----

|                                   |   |     | Six      months endedDecember      31, |
|----------------------------------------|--------|----------|----------------------------------------|
|                                   |   |     |
|                                   |   |     | 2007                                   |   |   | 2006 |
| Expected      tax at 35%               | $      | (61,959) |                                   | $ | (6,007) |
| Nondeductible      stock-based         |   |     |                                   |   |   |
| compensation                           |   | 40,250   |                                   |   | – |
| Change      in valuation allowance     |   | 21,709   |                                   |   | 6,007 |
| Actual      provision for income taxes | $      | –  |                                   | $ | – |

|                                                         |   | As      PreviouslyReported |   | RestatementAdjustment |   | AsRetated |
|--------------------------------------------------------------|--------|----------------------------|--------|-----------------------|--------|-----------|
| Cash                                                         | $      | 7,922                      | $      | –               | $      | 7,922     |
| Prepaid      expenses                                        |   | 157,954                    |   | (156,250)             |   | 1,704     |
| Total      current assets and total assets                   | $      | 165,876                    | $      | (156,250)             | $      | 9,626     |
| Total      current liabilities and total liabilities         | $      | 98,915                     | $      | –               | $      | 98,915    |
| Common      stock                                            |   | 242                        |   | –               |   | 242       |
| Additional      paid-in capital                              |   | 270,948                    |   | –               |   | 270,948   |
| Deffered      stock-based compensation                       |   | –                    |   | (156,250)             |   | (156,250) |
| Deficit      accumulated during the development stage        |   | (204,229)                  |   | –               |   | (204,229) |
| Total      stockholders' equity (deficiency)                 |   | 66,961                     |   | (156,250)             |   | (89,289)  |
| Total      liabilities and stockholders' equity (deficiency) | $      | 165,876                    | $      | (156,250)             | $      | 9,626     |

----

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| (a)   | Form      8-K filed with the Commission on October 25, 2007 relating to Item 5.02      “Departure of Directors      or Principal Officers; Election of Directors; Appointment of Principal      Officers”. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | The      following exhibits are includedherein: |
|-----------------|-------------------------------------------------|

| Exhibits | Document      Description                                                                                                                                                    |
|----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 31.1     | Certification of Principal Executive Officer pursuant      to Rule 13a-15(e) and Rule 15d-15(e), promulgated under the Securities      Exchange Act of 1934, as amended      |
|     |                                                                                                                                                                         |
| 31.2     | Certification of      Principal Financial Officer pursuant to Rule 13a-15(e) and Rule 15d-15(e),      promulgated under the Securities      Exchange Act of 1934, as amended |
|     |                                                                                                                                                                         |
| 32.1     | Certification Pursuant      To 18 U.S.C. Section 1350, As Adopted Pursuant To Section 906 of The      Sarbanes-Oxley Act of 2002 (Chief Executive      Officer)              |
|     |                                                                                                                                                                         |
| 32.2     | Certification      Pursuant To 18 U.S.C. Section 1350, As Adopted Pursuant To Section 906 of The Sarbanes-Oxley      Act of 2002 (Chief FinancialOfficer)                    |

|   |  CHINA      YOUTV CORP. |
|--------|------------------------------|
|   | (Registrant)                 |
|   |                         |   |
|   | BY:                          | /s/      James      Wei |
|   |                         | James      Wei |
|   |                         | President,      Principal Executive Officer and a member of the Board of      Directors |
|   |                         |   |
|   | BY:                          | /s/      Jie Wang |
|   |                         | Jie      Wang |
|   |                         | Principal      Financial Officer, Principal Accounting Officer, Treasurer, Secretary and      a member of the Board of Directors |

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