UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


Washington,
D.C. 20549





Form
10-Q





(Mark
One)





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





For the
quarterly period ended March 31, 2010





OR





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





For the
transition period from ...........to...............





Commission
File Number 000-51232





VALLEY
HIGH MINING COMPANY





(Exact
name of registrant as specified in its charter)





Nevada
                  
                  68-0582275(State
      or other jurisdiction
                  
                  (I.R.S.
      Employerof
      incorporation or organization)
                  
                  Identification
      No.)





946 E.
1300 N, Mapleton, UT  84664


(Address
of principal executive offices) (Zip Code)





(801)
592-4014


(Registrant's
telephone number, including area code)




(Former
name, former address and former fiscal year,


if
changed since last report)


Indicate
by check mark whether the registrant (1) has filed all reports required to be
filed by Section 13 or 15(d) of the Securities Exchange Act of 1934during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.  Yes x   No ̈





Indicate
by check mark whether the registrant has submitted electronically and posted on
its corporate Web site, if any, every Interactive Data File required to be
submitted and posted pursuant to Rule 405 of Regulation S-T during the
preceding 12 months (or for such shorter period that the registrant was required
to submit and post such files).    Yes   ̈   No  ̈




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




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





Indicate
by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Exchange Act).   Yes x   No ̈





APPLICABLE
ONLY TO ISSUERS INVOLVED IN BANKRUPTCY


PROCEEDINGS
DURING THE PRECEDING FIVE YEARS





Indicate
by check mark whether the registrant has filed all documents and reports
required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act
of 1934subsequent
to the distribution of securities under a plan confirmed by a court. Yes  ̈ No
 ̈





APPLICABLE
ONLY TO CORPORATE ISSUERS





Indicate
the number of shares outstanding of each of the issuer's classes of common stock, as
of the latest practicable date: there were 5,281,346 shares outstanding as of
March 31, 2010.





PART
I - FINANCIAL INFORMATION




VALLEY
HIGH MINING COMPANY
 [A Development Stage
Company]
 UNAUDITED
CONDENSED BALANCE SHEETS
 
 March
      31,
                                                                        
                                                                        
                                                                        December
      31,2010
                                                                        
                                                                        
                                                                        2009ASSETSCURRENT
      ASSETS:Cash
                                                                        
                                                                        $
                                                                        -
                                                                        
                                                                        
                                                                        $
                                                                        43TotalCurrentAssets
                                                                        
                                                                        
                                                                        -
                                                                        
                                                                        
                                                                        
                                                                        43-
                                                                        
                                                                        
                                                                        
                                                                        43LIABILITIES
      AND STOCKHOLDERS' EQUITY (DEFICIT)CURRENT
      LIABILITIES:Accounts
      payable
                                                                        
                                                                        $
                                                                        4,065
                                                                        
                                                                        
                                                                        
                                                                        215Related
      party advances
                                                                        
                                                                        
                                                                        -
                                                                        
                                                                        
                                                                        
                                                                        69,292Derivative
      Liability – Coombs
                                                                        
                                                                        
                                                                        6,602
                                                                        
                                                                        
                                                                        
                                                                        -Total
      Current Liabilities
                                                                        
                                                                        
                                                                        10,667
                                                                        
                                                                        
                                                                        
                                                                        69,507STOCKHOLDERS'
      EQUITY (DEFICIT):Common
      stock, $.001 par value, 50,000,000 shares authorized, 5,281,346 shares
      issued and outstanding at March 31, 2010 and December 31,
      2009
                                                                        
                                                                        
                                                                        5,281
                                                                        
                                                                        
                                                                        
                                                                        5,281Capital
      in excess of par value
                                                                        
                                                                        
                                                                        817,819
                                                                        
                                                                        
                                                                        
                                                                        746,093Retained
      deficit
                                                                        
                                                                        
                                                                        (751,374
                                                                        )
                                                                        
                                                                        
                                                                        (751,374
                                                                        )Deficit
      accumulated during the Development stage
                                                                        
                                                                        
                                                                        (82,393
                                                                        )
                                                                        
                                                                        
                                                                        (69,464
                                                                        )Total
      Stockholders' Equity (Deficit)
                                                                        
                                                                        
                                                                        (10,667
                                                                        )
                                                                        
                                                                        
                                                                        (69,464
                                                                        )$
                                                                        -
                                                                        
                                                                        
                                                                        $
                                                                        43
 
 The
accompanying notes are an integral part of these unaudited financial
statements.
  - 1
-
 
 VALLEY
HIGH MINING COMPANY
 A Development Stage
Company
  UNAUDITED
CONDENSED STATEMENTS OF OPERATIONS
 
 From
      theRe-enteringOf
      DevelopmentStage
      onApril
      19, 2004For
      the Three Months
                                          
                                          
                                          ThroughEnded
      March 31,
                                          
                                          
                                          March
      31,2010
                                          
                                          
                                          2009
                                          
                                          
                                          2010REVENUE
                                          
                                          $
                                          -
                                          
                                          
                                          $
                                          -
                                          
                                          
                                          $
                                          -EXPENSES:General
      and administrative
                                          
                                          
                                          6,327
                                          
                                          
                                          
                                          4,884
                                          
                                          
                                          
                                          75,791LOSS
      BEFORE OTHER INCOME (EXPENSES)
                                          
                                          
                                          (6,327
                                          )
                                          
                                          
                                          (4,884
                                          )
                                          
                                          
                                          (75,791
                                          )OTHER
      INCOME (EXPENSE)Loss
      on derivatives
                                          
                                          
                                          (6,602
                                          )
                                          
                                          
                                          -
                                          
                                          
                                          
                                          (6,602
                                          )LOSS
      BEFORE INCOME TAXES
                                          
                                          
                                          (12,929
                                          )
                                          
                                          
                                          -
                                          
                                          
                                          
                                          (82,393
                                          )CURRENT
      INCOME TAX EXPENSE
                                          
                                          
                                          -
                                          
                                          
                                          
                                          -
                                          
                                          
                                          
                                          -DEFERRED
      INCOME TAX EXPENSE
                                          
                                          
                                          -
                                          
                                          
                                          
                                          -
                                          
                                          
                                          
                                          -NET
      LOSS
                                          
                                          $
                                          (12,929
                                          )
                                          
                                          $
                                          (4,884
                                          )
                                          
                                          $
                                          (82,393
                                          )LOSS
      PER COMMON SHARE
                                          
                                          $
                                          (.00
                                          )
                                          
                                          $
                                          (.00
                                          )
 
 The
accompanying notes are an integral part of these unaudited financial
statements.
  - 2
-
 
 VALLEY
HIGH MINING COMPANY
 A Development Stage
Company
  UNAUDITED
CONDENSED STATEMENTS OF CASH FLOWS
  From
      theRe-enteringOf
      DevelopmentStage
      onApril
      19, 2004For
      the Three Months
                
                
                ThroughEnded March
      31,
                
                
                March
      31,2010
                
                
                2009
                
                
                2010Cash
      Flows from Operating Activities:Net
      loss
                
                $
                (12,929
                )
                
                $
                (4,884
                )
                
                $
                (82,393
                )Adjustments
      to reconcile net loss to net Cash used by operating
      activities:Change
      in assets and liabilities:Increase
      (decrease) in accounts payable
                
                
                3,927
                
                
                
                3,750
                
                
                
                4,142Increase
      (decrease) in derivatives payable
                
                
                6,602
                
                
                
                -
                
                
                
                6,602Net
      Cash Provided (Used) byOperating Activities
                
                
                (2,400
                )
                
                
                (1,134
                )
                
                
                (71,649
                )Cash
      Flows from Investing Activities:Net
      Cash (Used) byInvesting Activities
                
                
                -
                
                
                
                -
                
                
                
                -Cash
      Flows from Financing Activities:Proceeds
      from related party advances
                
                
                2,357
                
                
                
                1,275
                
                
                
                71,649Net
      Cash Provided byFinancing Activities
                
                
                2,357
                
                
                
                1,275
                
                
                
                71,649Net
      Increase (decrease) in Cash
                
                
                (43
                )
                
                
                141
                
                
                
                -Cash
      at Beginning of Period
                
                
                43
                
                
                
                16
                
                
                
                -Cash
      at End of Period
                
                $
                -
                
                
                $
                157
                
                
                $
                -Supplemental
      Disclosures of Cash Flow Information:Cash
      paid during the periods for:Interest
                
                $
                -
                
                
                $
                -
                
                
                $
                -Income
      taxes
                
                $
                -
                
                
                $
                -
                
                
                $
                -
  Supplemental
Schedule of Non-cash Investing and Financing Activities:
 For the
three months ended March 31, 2010:
 Shareholders
forgave debts totaling $71,726.  Due to the related party nature of
the debt, the Company recorded the forgiveness as a contribution to
Capital.
 
 For the
three months ended March 31, 2009:
 None
 
 The
accompanying notes are an integral part of these unaudited financial
statements.
  - 3
-
 
 VALLEY
HIGH MINING COMPANY
 
 NOTES
TO UNAUDITED CONDENSED FINANCIAL STATEMENTS
 
 NOTE
1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
  Organization - Valley High
Mining Company (“the Company”) was organized under the laws of the State of Utah
on November 14, 1979 as Valley High Oil, Gas & Minerals, Inc. and was
redomiciled to Nevada in April, 2004.  As a result of a change in
control in February, 2010, in which a shareholder purchased 5,000,000 of the
Company’s 5,281,346 outstanding shares of common stock, the Company's current
principal business activity is to seek a suitable acquisition candidate through
acquisition, merger, reverse merger or other suitable business combination
method.  The Company disposed of its North Beck Mining Claims in
connection with the change in control.
 
 Condensed Financial Statements
– The accompanying financial statements have been prepared by
the Company without audit.  In the opinion of management, all
adjustments (which include only normal recurring adjustments) necessary to
present fairly the financial position, results of operations and cash flows at
March 31, 2010 and 2009 and for the periods then ended have been
made.
 
 Certain
information and footnote disclosures normally included in financial statements
prepared in accordance with accounting principles generally accepted in the
United States of America have been condensed or omitted.  It is
suggested that these condensed financial statements be read in conjunction with
the financial statements and notes thereto included in the Company’s December
31, 2009 audited financial statements.  The results of operations for
the periods ended March 31, 2010 and 2009 are not necessarily indicative of the
operating results for the full year.
 
 NOTE
2 - CAPITAL STOCK
 
 Common Stock -The Company has
authorized 50,000,000 shares of common stock with a par value of
$.001.  At both March 31, 2010 and December 31, 2009, respectively,
the Company had 5,281,346 shares issued and outstanding.
  - 4
-
 
 VALLEY
HIGH MINING COMPANY
 
 NOTES
TO UNAUDITED CONDENSED FINANCIAL STATEMENTS
 
 NOTE
3 - GOING CONCERN
 
 The
accompanying financial statements have been prepared in conformity with
accounting principles generally accepted in the United States of America, which
contemplate continuation of the Company as a going concern.  However,
the Company has incurred losses since inception and currently has no on-going
operations.  Further, the Company has current liabilities in excess of
current assets.  These factors raise substantial doubt about the
ability of the Company to continue as a going concern.  In this
regard, management is proposing to raise any necessary additional funds not
provided by operations through loans, or through possible additional sales
of its common stock.  There is no assurance that the Company will be
successful in raising this additional capital or in achieving profitable
operations.  The financial statements do not include any adjustments
that might result from the outcome of these uncertainties.
 
 NOTE
4 - RELATED PARTY TRANSACTIONS
 
 Management Compensation -For
the period ended March 31, 2010 and March 31, 2009, the Company did not pay any
compensation to any officer or director of the Company.
 
 Office Space - The Company has not had a
need to rent office space.  An officer/shareholder of the Company is
allowing the Company to use his office as a mailing address, as needed, at no
expense to the Company.
 - 5
-
 
 VALLEY
HIGH MINING COMPANY
 
 NOTES
TO UNAUDITED CONDENSED FINANCIAL STATEMENTS
 
 NOTE
5 - LOSS PER SHARE
 
 The
following data show the amounts used in computing loss per share for the periods
presented:
 
 For
      the Three MonthsEnded
      March 31,2010
                                  
                                  
                                  2009Loss
      from operations available to common Shareholders
    (numerator)
                                  
                                  $
                                  (12,929
                                  )
                                  
                                  $
                                  (4,884
                                  )Weighted
      average number of common Shares outstanding during the period Used in loss
      per share (denominator)
                                  
                                  
                                  5,281,346
                                  
                                  
                                  
                                  5,281,346
 
 Dilutive
loss per share was not presented; as the Company had no common equivalent shares
for all periods presented that would affect the computation of diluted loss per
share.
 
 NOTE
6 - COMMITMENTS AND CONTINGENCIES
 
 Contingent Liabilities - The
Company has not been active for 20 years, since it discontinued its energy
related and real estate operations.  Management believes that there
are no valid outstanding liabilities from prior operations.  If a
creditor were to come forward and claim a liability, the Company has committed
to contest the claim to the fullest extent of the law.  Due to various
statutes of limitations and because the likelihood that a 20-year old liability
would not still be valid, no amount has been accrued in these financial
statements for any such contingencies.  Further, some accounting and
other records were lost during the years of inactivity.  Between 1983
and 1985 there were 18,440 shares of common stock issued for which the exact
date of issuance and valuation is not known.  Management has estimated
that these shares had a fair market value of $0.02 and $0.03 at time of
issuance.  The possibility exists that if the valuation is wrong then
additional paid-in capital and retained deficit could be
understated.  Management does not believe that this possible
misstatement would be material to the Company.
  NOTE
7 - DERIVATIVE LIABILITY
 
 Coombs Warrant –In connection
with the change in control of the Company which occurred in February, 2010 when
John Michael Coombs sold 5,000,000 of his shares of common stock, the Company
issued to Mr. Coombs a warrant which with a term of three years which is
exercisable for a number of shares of Company Common Stock equal to .005 times
the total outstanding shares of common stock of the Company immediately
following a reverse merger or similar transaction and each subsequent financing
in the form of a public offering or private placement which occurs within six
(6) months of the reverse merger.
 
 The
Company has accounted for the warrant as a liability.
  - 6
-




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





Search
for a Target Company.





Valley
High Mining Company ("VHMC") will search for target companies as potential
candidates for a business combination.





VHMC
has not entered into agreements with any third parties to locate potential
merger candidates.





VHMC
may seek to locate a target company through solicitation. Such solicitation may
include newspaper or magazine advertisements, mailings and other distributions
to law firms, accounting firms, investment bankers, financial advisors and
similar persons, the use of one or more World Wide Web sites and similar
methods. If VHMC engages in solicitation, no estimate can be made as to the
number of persons who may be contacted or solicited. VHMC may utilize
consultants in the business and financial communities for referrals of potential
target companies. There is no assurance that VHMC will locate a target company
or that a business combination will be successful.





Management
of VHMC





VHMC
has no full time employees. There is one officer and director – John
Hickey.





Mr.
Hickey has agreed to allocate a limited portion of his time to the activities of
VHMC. Potential conflicts may arise with respect to the limited time commitment
by Mr. Hickey and the potential demands of the activities of VHMC.





The
amount of time spent by management on the activities of VHMC is not predictable.
Such time may vary widely from an extensive amount when reviewing a target
company and effecting a business combination to an essentially quiet time when
activities of management focus elsewhere. It is impossible to predict the amount
of time management will actually be required to spend to review a suitable
target company. Management estimates that the business plan of VHMC can be
implemented by devoting approximately 10 to 25 hours per month over the course
of several months, but such figure cannot be stated with
precision.








General
Business Plan





The
purpose of VHMC is to seek, investigate and, if such investigation warrants,
acquire an interest in a business entity which desires to seek the perceived
advantages of a corporation which has a class of securities registered under the
Exchange Act. VHMC will not restrict its search to any specific business,
industry, or geographical location and VHMC may participate in a business
venture of virtually any kind or nature. Management anticipates that it will be
able to participate in only one potential business venture because VHMC has
nominal assets and limited financial resources. This lack of diversification
should be considered a substantial risk to the stockholders of VHMC because it
will not permit VHMC to offset potential losses from one venture against gains from
another.





VHMC
may seek a business opportunity with entities which have recently commenced
operations, or which wish to utilize the public marketplace in order to raise
additional capital in order to expand into new products or markets, to develop a
new product or service, or for other corporate purposes.





VHMC
anticipates that the selection of a business opportunity in which to participate
will be complex and extremely risky. VHMC has not conducted any research to
confirm that there are business entities seeking the perceived benefits of a
reporting corporation. Such perceived benefits may include facilitating or
improving the terms on which additional equity financing may be sought,
providing liquidity for incentive stock options or similar benefits to key
employees, increasing the opportunity to use securities for acquisitions,
providing liquidity for stockholders and other factors. Business opportunities
may be available in many different industries and at various stages of development,
all of which will make the task of comparative investigation and analysis
of such business opportunities difficult and complex.





VHMC
has, and will continue to have, minimal capital with which to provide the owners
of business entities with any cash or other assets. However, VHMC offers owners
of acquisition candidates the opportunity to acquire a controlling ownership
interest in a reporting company without the time required to become a reporting
company by other means. VHMC has not conducted market research and is not aware
of statistical data to support the perceived benefits of a business combination
for the owners of a target company.





The
analysis of new business opportunities will be undertaken by, or under the
supervision of, the officers and director of VHMC, who are not professional
business analysts. In analyzing prospective business opportunities, VHMC may
consider such matters as the available technical, financial and managerial
resources; working capital and other financial requirements; history of
operations, if any; prospects for the future; nature of present and expected
competition; the quality and experience of management services which may be
available and the depth of that management; the potential for further research,
development, or exploration; specific risk factors not now foreseeable, but
which then may be anticipated to impact the proposed activities of VHMC; the potential
for growth or expansion; the potential for profit; the perceived public
recognition or acceptance of products, services, or trades; name identification;
and other relevant factors. This discussion of the proposed criteria is not
meant to be restrictive of the virtually unlimited discretion of VHMC to search
for and enter into potential business opportunities.








VHMC
will not restrict its search for any specific kind of business entities, but may
acquire a venture, which is in its preliminary or development stage, which is
already in operation, or in essentially any stage of its business life. It is
impossible to predict at this time the status of any business in which VHMC may
become engaged, whether such business may need to seek additional capital, may
desire to have its shares publicly traded, or may seek other perceived
advantages which VHMC may offer.





Following
a business combination VHMC may benefit from the services of others in regard to
accounting, legal services, underwritings and corporate public relations. If
requested by a target company, VHMC may recommend one or more underwriters,
financial advisors, accountants, public relations firms or other consultants to
provide such services.





A
potential target company may have an agreement with a consultant or advisor
providing that services of the consultant or advisor be continued after any
business combination. Additionally, a target company may be presented to VHMC
only on the condition that the services of a consultant or advisor are continued
after a merger or acquisition. Such preexisting agreements of target companies
for the continuation of the services of attorneys, accountants, advisors or
consultants could be a factor in the selection of a target company.





Terms of
a Business Combination





In
implementing a structure for a particular business acquisition, VHMC may become
a party to a merger, consolidation, reorganization, joint venture, licensing
agreement or other arrangement with another corporation or entity. On the
consummation of a transaction, it is likely that the present management and
stockholders of VHMC will no longer be in control of VHMC. In addition, it is
likely that the officer and director of VHMC will, as part of the terms of the
business combination, resign and be replaced by one or more new officers and
directors.





It
is anticipated that any securities issued in any such business combination would
be issued in reliance upon exemption from registration under applicable federal
and state securities laws. In some circumstances, however, as a negotiated
element of its transaction, VHMC may agree to register all or a part of such
securities immediately after the transaction is consummated or at specified
times thereafter. If such registration occurs, it will be undertaken by the
surviving entity after VHMC has entered into an agreement for a business
combination or has consummated a business combination and VHMC is no longer
considered a blank check company. The issuance of additional securities and
their potential sale into any trading market which may develop in the securities
of VHMC may depress the market value of the securities of VHMC in the future if
such a market develops, of which there is no assurance.








While
the terms of a business transaction to which VHMC may be a party cannot be
predicted, it is expected that the parties to the business transaction will
desire to avoid the creation of a taxable event and thereby structure the
acquisition in a tax-free reorganization under Sections 351 or 368 of the
Internal Revenue Code of 1986, as amended.





Depending
upon, among other things, the target company's assets and liabilities, the
stockholders of VHMC will in all likelihood hold a substantially lesser
percentage ownership interest in VHMC following any merger or acquisition. The
percentage of ownership may be subject to significant reduction in the event
VHMC acquires a target company with substantial assets.





Any
merger or acquisition effected by VHMC can be expected to have a significant
dilutive effect on the percentage of shares held by the stockholders of VHMC
at such time.





VHMC
will participate in a business combination only after the negotiation and
execution of appropriate agreements. Although the terms of such agreements
cannot be predicted, generally such agreements will require certain
representations and warranties of the parties thereto, will specify certain
events of default, will detail the terms of closing and the conditions which
must be satisfied by the parties prior to and after such closing and will
include miscellaneous other terms.





If
VHMC stops or becomes unable to continue to pay the operating expenses of VHMC,
VHMC may not be able to timely make its periodic reports required under the
Exchange Act nor to continue to search for an acquisition target.





Undertakings
and understandings required of target companies





As
part of a business combination agreement, VHMC intends to obtain certain
representations and warranties from a target company as to its conduct following
the business combination. Such representations and warranties may include (i)
the agreement of the target company to make all necessary filings and to take
all other steps necessary to remain a reporting company under the Exchange Act
for at least a specified period of time; (ii) imposing certain restrictions on
the timing and amount of the issuance of additional free-trading stock,
including stock registered on Form S-8 or issued pursuant to Regulation S and
(iii) giving assurances of ongoing compliance with the Securities Act, the
Exchange Act, the General Rules and Regulations of the Securities and Exchange Commission,
and other applicable laws, rules and regulations.





A
potential target company should be aware that the market price and trading
volume of the securities of VHMC, when and if listed for secondary trading, may
depend in great measure upon the willingness and efforts of successor management
to encourage interest in VHMC within the United States financial community. VHMC
does not have the market support of an underwriter that would normally follow a
public offering of its securities. Initial market makers are likely to simply
post bid and asked prices and are unlikely to take positions in VHMC's
securities for their own account or customers without active encouragement and
basis for doing so. In addition, certain market makers may take short positions
in VHMC's securities, which may result in a significant pressure on their market
price. VHMC may consider the ability and commitment of a target company to
actively encourage interest in VHMC's securities following a business
combination in deciding whether to enter into a transaction with such
company.








A
business combination with VHMC separates the process of becoming a public
company from the raising of investment capital. As a result, a business
combination with VHMC normally will not be a beneficial transaction for a target
company whose primary reason for becoming a public company is the immediate
infusion of capital. VHMC may require assurances from the target company that it
has, or that it has a reasonable belief that it will have, sufficient sources of
capital to continue operations following the business combination. However, it
is possible that a target company may give such assurances in error, or that the
basis for such belief may change as a result of circumstances beyond the control
of the target company.





Prior
to completion of a business combination, VHMC may require that it be provided
with written materials regarding the target company containing such items as a
description of products, services and company history; management resumes;
financial information; available projections, with related assumptions upon
which they are based; an explanation of proprietary products and services;
evidence of existing patents, trademarks, or service marks, or rights thereto;
present and proposed forms of compensation to management; a description of
transactions between such company and its affiliates during relevant periods; a
description of present and required facilities; an analysis of risks and
competitive conditions; a financial plan of operation and estimated capital
requirements; audited financial statements, or if they are not available,
unaudited financial statements, together with reasonable assurances that audited
financial statements would be able to be produced within a reasonable period of
time not to exceed 75 days following completion of a business combination; and
other information deemed relevant.





Competition





VHMC
will remain an insignificant participant among the firms which engage in the
acquisition of business opportunities. There are many established venture
capital and financial concerns which have significantly greater financial and
personnel resources and technical expertise than VHMC. In view of VHMC's
combined extremely limited financial resources and limited management
availability, VHMC will continue to be at a significant competitive disadvantage
compared to VHMC's competitors.





Off-Balance
Sheet Arrangements





VHMC
does not have any off-balance sheet arrangements that have or are reasonably
likely to have a current or future effect on financial condition, changes in
financial condition, revenues or expenses, results of operations, liquidity,
capital expenditures or capital resources that is material to
investors.








Going
Concern





The
financial statements included in this filing have been prepared in conformity
with generally accepted accounting principles that contemplate the continuance
of us as a going concern. VHMC's cash is inadequate to pay all of the costs
associated with our operations. Management intends to use borrowings and
security sales to mitigate the effects of its cash position; however, no
assurance can be given that debt or equity financing, if and when required, will
be available. The financial statements do not include any adjustments relating
to the recoverability and classification of recorded assets and classification
of liabilities that might be necessary should VHMC be unable to continue its
existence.





Item
      3.
            Quantitative
      and Qualitative Disclosures About Market
Risk





Not
applicable.





Item
      4.
            Controls
      and Procedures





(a)
            Disclosure
      Controls and Procedures.





Under
the supervision and with the participation of the Company’s management,
including the principal executive officer and principal financial officer, as of
the end of the period covered by this report, the Company conducted an
evaluation of the effectiveness of the design and operation of the Company’s
disclosure controls and procedures, as defined in Rule 13a-15(e) and 15d-15(e)
under the Exchange Act. The Company’s disclosure controls and procedures are
designed to provide reasonable assurance that the information required to be
included in the Company’s reports to Securities and Exchange Commission (“SEC”)
is recorded, processed, summarized and reported within the time periods
specified in SEC rules and forms and to provide reasonable assurance that such
information is accumulated and communicated to our management, including our
principal executive officer and principal financial officer, as appropriate to
allow timely decisions regarding required disclosure. Based on this evaluation,
the Company’s principal executive officer and principal financial officer
concluded that, as of the period covered by this report, the Company’s
disclosure controls and procedures are effective at these reasonable assurance
levels.





Our
internal control system is designed to provide reasonable assurance regarding
the reliability of financial reporting and the preparation of financial
statements for external purposes in accordance with accounting principles
generally accepted in the United States. There is no assurance that our
disclosure controls or our internal controls over financial reporting can
prevent all errors. An internal control system, no matter how well designed and
operated, has inherent limitations, including the possibility of human error.
Because of the inherent limitations in a cost-effective control system,
misstatements due to error may occur and not be detected. We monitor our
disclosure controls and internal controls and make modifications as necessary.
Our intent in this regard is that our disclosure controls and our internal
controls will improve as systems change and conditions warrant.








(b)      Changes
in Internal Control over Financial Reporting





During
the three months ended March 31, 2010, there has been no change in internal
control over financial reporting that has materially affected, or is reasonably
likely to materially affect our internal control over financial
reporting.





Item
      6.
            Exhibits





EXHIBITNUMBER
              DESCRIPTION31.1
              Certification
      pursuant to Exchange Act Rules 13a-15(e) and 15d-15(e), as adopted
      pursuant to Section 302 of the Sarbanes-Oxley Act of
  2002;31.2
              Certification
      pursuant to Exchange Act Rules 13a-15(e) and 15d-15(e), as adopted
      pursuant to Section 302 of the Sarbanes-Oxley Act of
  2002;32.1
              Certification
      pursuant to 18 U.S.C.
1350.








SIGNATURES





Pursuant
tothe
requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.





VALLEY HIGH MINING
  COMPANY(Registrant)Date:
      May 21, 2010
                John
      Hickey(Name)/s/ John Hickey(Signature)Chief
      Executive Officer