UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549



FORM 10-K



|[X]  | ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|---- | ------------------------------------------------------------------------------
|     |                                                                               
|[  ] | TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT    
|     |                                                                               
|     |                                                                               
|     |                                                                               



|Rolling Technologies, Inc.                                                
|--------------------------------------------------------------------------
|(Exact name of registrant as specified in its charter)                    
|Nevada                                                                    
|(State or other jurisdiction of incorporation or organization)            
|Penthouse,
    Menara Antara No. 11, Jalan Bukit Ceylong, Kuala Lumpur    
|(Address of principal executive offices)                                  
|Registrant’s telephone number: 012-377-0130                               
|Securities
        registered under Section 12(b) of the Exchange Act:    
|Title of each class                                                       
|none                                                                      
|Securities
        registered under Section 12(g) of the Exchange Act:    
|Title
        of each class
        Common
        stock, par value $0.001
|                                                                          



Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes [ ] No [X]



Indicate
by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes [ ]
No [X]



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



Indicate
by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive
Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the
preceeding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [ ] No
[X]





Indicate
by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§ 229.405 of this chapter) is not
contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. Yes [ ] No [X]



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 [ ] 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 [ ]



State the aggregate market
value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common
equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant’s
most recently completed second fiscal quarter. Not available



Indicate
the number of shares outstanding of each of the registrant’s classes of common stock, as of the latest practicable date.
2,150,000 as of October 27, 2011.






Table of Contents


TABLE OF CONTENTS



|            |                                                                                                                 | Page
|----------- | --------------------------------------------------------------------------------------------------------------- | ----
|           
|PART I     
|           
|Item 1.     | Business                                                                                                        | 3   
|Item 1A.    | Risk Factors                                                                                                    | 8   
|Item 1B.    | Unresolved Staff Comments                                                                                       | 8   
|Item 2.     | Properties                                                                                                      | 8   
|Item 3.     | Legal Proceedings                                                                                               | 8   
|Item 4.     | (Removed and Reserved)                                                                                          | 8   
|            |                                                                                                                 |     
|PART II    
|           
|Item 5.     | Market for Registrant’s Common Equity and Related Stockholder Matters and Issuer Purchases of Equity Securities | 9   
|Item 6.     | Selected Financial Data                                                                                         | 10  
|Item 7.     | Management’s Discussion and Analysis of Financial Condition and Results of Operations                           | 11  
|Item 7A.    | Quantitative and Qualitative Disclosures About Market Risk                                                      | 12  
|Item 8.     | Financial Statements and Supplementary Data                                                                     | 13  
|Item 9.     | Changes In and Disagreements With Accountants on Accounting and Financial Disclosure                            | 14  
|Item 9A(T). | Controls and Procedures                                                                                         | 15  
|Item 9B.    | Other Information                                                                                               |     
|            |                                                                                                                 |     
|PART III   
|           
|Item 10.    | Directors, Executive Officers and Corporate Governance                                                          | 15  
|Item 11.    | Executive Compensation                                                                                          | 18  
|Item 12.    | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters                  | 20  
|Item 13.    | Certain Relationships and Related Transactions, and Director Independence                                       | 20  
|Item 14.    | Principal Accountant Fees and Services                                                                          | 21  
|            |                                                                                                                 |     
|PART IV    
|           
|Item 15.    | Exhibits, Financial Statement Schedules                                                                         | 22  

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PART I

Item 1. Business



Company Overview



We were formed as a Nevada corporation, “Rolling Technologies
Inc.,” on July 27, 2007. Our principal executive offices are located at 50 West Liberty Street, Suite 880, Reno, NV 89501.
Our phone number is (012) 377-0130. Our operations office in Malaysia is located at Penthouse, Menara Antara, No. 11, Jalan Bukit
Ceylong, Kuala Lumpur 50200, Malaysia.

We are a development stage company and have not generated any sales
to date. We are in the business of developing, producing, and marketing a strong, portable, and affordable car top carrier. Our
Product is still in the development stage and is not yet ready for commercial sale.



Industry Background in Asia



As automobile ownership has become more commonplace in many Asian
countries, an ever-increasing number of families and individuals utilize their vehicles for travel, particularly for recreational
trips. In recent years, automobile manufacturers serving Asian markets have increased the interior space of automobiles to meet
consumer demand for spacious, comfortable cabins and increased passenger capacity. This transformation has cut down on the amount
of space reserved for non-passenger use, specifically for storage of luggage and other parcels. Some automakers have been inventive,
creating usable space in hidden compartments in floorboards, while others have merely compromised storage or trunk space for extra
passenger room.



Consumer demand for extra space for non-passenger storage has led
to the popularization of car-top luggage carriers in Asian countries. When car-top carriers were initially developed, they were
large, plastic boxes that affixed to the roof of most vehicles by installation on the vehicle’s roof rack. Carriers have
improved over the years as they have become increasingly aerodynamic, more aesthetically pleasing, and made of stronger, more durable
material. More recently, United States patents have been issued for variants on the original carriers: car-top carriers that affix
to car tops without roof racks, carriers that attach to the rear of certain types of vehicles, and carriers that lack a box-like
structure or support frame.



A distinct disadvantage of the traditional car-top carrier is the
difficulty in installing and uninstalling the carrier because of their size, weight, and shape. Consumers experience similar challenges
in transporting and storing such carriers when not in use. Because most car-top carriers still sport the hard plastic shell exterior,
they do not collapse when not in use and are cumbersome to handle and store. Also, once a consumer has installed a traditional
car-top carrier on their vehicle, their ability to access the contents of the carrier is severely limited.



Car Top Carrier Products



The four most popular and widely used automobile storage products
are as follows:

1.Car Top Boxes. The most traditional roof top storage device, car top boxes are easy
to pack and offer the most protection from wind, rain, and other adverse conditions. They also offer the most durability and longest
lifespan of all the car top carrier options. A car top box requires a luggage rack with crossbars or a sport bar system on the
vehicle in order to be properly installed. They must be packed full or used with a net inside to hold the contents in place during
travel. Also, the contents of the box carrier are limited to the interior height of the box or consumers will not be able to latch
the box shut. They are generally the most expensive car top carrier option, generally retailing for between $250 and $750.

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2.Car Top Carrier Bags. Departing from traditional hard shell box exteriors, car-top
carrier bags are made of a soft, pliable material (usually nylon or polyester) and attach to the top of a vehicle using straps
affixed to the roof rack. An advantage to the carrier bag is that they fold up to a very manageable size when not in use, making
them portable and space efficient. A disadvantage is that the bag must be packed full so that the cloth material doesn't flap in
the wind while traveling and create additional drag. Also, depending upon the material used in the manufacture of the bag, carrier
bags can break down or fade with prolonged exposure to the sun, wind, and rain. Car top carrier bags come with zippers which allow
easy access to contents, but which can malfunction or break, rendering the entire carrier useless. High-quality car top bags offer
urethane coated zippers for increased durability and liner systems as an additional measure to keep water away from the contents
of the bag. Car top carrier bags generally retail for between $100 and $200.

3.CarTop Baskets. These roof-top storage accessories offer a sturdy structure to lift
luggage contents off of a vehicle’s rooftop. They are often used in combination with a car top carrier bag to add structure
and support to the contents of the bag and decrease the amount of wind resistance encountered when the bag flaps in the wind while
traveling. An advantage of car top baskets is that they are easy to strap cargo bags and nets to, and they offer a rigid base with
sidewalls. A disadvantage is that they provide no additional protection from the elements and do not easily break down for transportation
or storage. Car top baskets generally retail for between $100 and $200.

4.Car Back Carrier. The newest product in auxiliary storage solutions, the car back carrier
is a large cargo bag that hangs from the luggage rack or steel car hooks on the back of wagons, sport utility vehicles, and vans.
When properly installed, they hang under the rear window so the driver’s view is not obstructed. Car back carriers are very
easy to load and access during travel, and they do not cause any loss of aerodynamics due to drag. Also, because they ride behind
the vehicle, they don't experience the full detrimental effect of sun, wind, and rain, as rooftop carriers do. A distinct disadvantage
of car back carriers is that they cannot be adapted for use with traditional sedans or vehicles with trunks. Also, they can restrict
access to luggage inside the car by preventing rear doors from opening. Car back carriers generally retail for between $100 and
$200.

Our Product

We are in the process of developing a portable, light-weight car-top
carrier that combines the strength of a box carrier with the convenience of a bag carrier (See Figure 1) for a retail price of
under $50. Our current Product has two support frames (See Figure 2), an outer (1) and an inner frame (2), to provide the structure
and strength of a traditional box carrier. The outer frame has several cross-bars (3) and the inner frame has several bushings
(4), which fit together upon assembly and installation. This combines the structural support of the inner and outer frames to provide
for maximum strength and weight-bearing ability. The entire unit is attached to the car top by strong magnets (6), which are connected
to the outer frame. Ease of storage is enhanced by hinges in the middle of the frame (5), allowing users to fold the entire unit
in half lengthwise in lieu of, or in addition to, removing the outer frame cross-bars from the inner frame bushings. Upon disassembly,
which we anticipate will be quick, easy, and require no technical or mechanical sophistication, the Product can then be transported
or stored in the accompanying luggage bag, requiring very little space.



Our Product is being designed specifically for the Asian market.
One of the variables influential in the development of our Product is the fact that very few cars in Asia are equipped with roof
racks by the manufacturer, so we needed to design our Product for easily installation in the absence of a roof rack. Thus, our
Product can be attached to a vehicle using strong magnets, so no roof rack is necessary. We have not yet determined whether we
will use permanent magnets or electromagnets for this purpose, nor have we determined the magnetic field strength required to safely
and securely keep our Product attached to a car top while experiencing the drag associated with speeds up to 200 kph. These variables
are being addressed as we continue to develop the final model of our Product.

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Also, because our Product doesn’t rest directly on the roof
of the vehicle and the weight is distributed across several contact points, it can withstand a greater amount of weight than traditional
carriers that apply the force of their weight to the luggage rack, which determines the maximum load. Our current research and
development efforts include maximizing the carrying load of our Product. Another factor in the weight load is the material used
for the inner and outer frames. We are experimenting with different alloys and plastics to find the best combination of strength
and cost-effectiveness for our Product. Final Product weight will also be a factor in determining the material we use for the Product
frame.









Figure 1

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Figure 2

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Strategy

Our company’s long-term business strategy is designed
to capitalize on the current lack of a strong, portable, and affordable car top carrier that we perceive within the Asian marketplace.
Our goal is to grow our company by expanding the reach of our product sales channels, by forming relationships with companies who
supply products that fit our business model, and by making our product available directly to consumers.

Marketing

We intend to market our product to large automobile companies,
automobile retailers, automobile accessory retailers, and general retailers.

Intellectual Property

Our business depends, in part, on the protection of our intellectual
property, including our business name, logo, and distinctive branding. We have not taken any measures to protect our intellectual
property to this point, so there are no legal barriers to prevent others from using what we regard as our intellectual property.
In the future we may decide to file a trademark application to protect our brand, but we cannot guarantee the success of this application.
In addition, the laws of some foreign countries do not protect intellectual property to the same extent as the laws of the United
States, which could increase the likelihood of misappropriation. Furthermore, other companies could develop similar or superior
trademarks without violating our intellectual property rights. If we resort to legal proceedings to enforce our intellectual property
rights, the proceedings could be burdensome, disruptive and expensive, and distract the attention of management, and there can
be no assurance that we would prevail.

We are in the process of researching patent
rights, and at present we are not aware of anyone in Malaysia or China having any patents, trademarks and/or copyright protection
for this or any similar product. Upon successful completion of the development of our Product, we plan to apply for patent protection
and/or copyright protection in Malaysia, and other jurisdictions in which we conduct business and distribute our Product.

We have selected the name of our company
in an attempt to establish our brand name. Although our company name and logo is not trademarked at this time, we anticipate the
necessity of a trademark upon successful commercialization of our product in order to protect our brand integrity.



Competition



The automobile accessories industry can be categorized as highly
competitive. There are a large number of established firms that currently sell products similar to ours, aimed at a target market
similar to ours. Many of these established distributors have representatives in the field who have established relationships within
the industry. In some cases, competitors have exclusivity agreements to supply certain automobile manufacturers. A number of manufacturers
for the types of products we offer already sell their products directly to the consumer. These highly competitive market conditions
may make it difficult for us to succeed in this market. Our most significant competitors include:



·Yakima – This industry leader offers the widest selection of products directly to consumers,
but their prices are also the highest. While they have negotiated deals with major automobile manufacturers to provide their products
on new cars in North America and Europe, their presence in Malaysia, China, and other Asian countries is limited to consumer retail
outlets and consumer-direct internet sales.

·Lakeland Vacation Gear – Lakeland competes much more effectively on price than other
manufacturers and is often considered the low price leader in luggage racks and bags. While consumers can also purchase their products
directly through their web site or at automobile accessory retail stores, they have not negotiated large wholesale deals with automobile
manufacturers or retailers. In spite of their reputation, their products are priced at nearly twice our target retail price.

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·Automobile Manufacturers – Perhaps our greatest competition comes from large automobile
manufacturers themselves. Many produce luggage carriers and offer them as upgrades or incentives to consumers when they purchase
automobiles. They are also able to offer luggage carriers as after-market items through their retail locations and online. We will
need to be able to offer a significant cost-savings to consumers to compete with the automobile manufacturers, who can afford to
take a loss on the manufacture and sale of a car top carrier in order to sell an automobile. We will need to be able to offer an
even more significant cost savings if we hope to engage automobile manufacturers as customers to replace their in-house manufacturing
of similar products.



Government Regulation



Government regulation and compliance with environmental laws do
not have a material effect on our business. We are subject to the laws and regulations of those jurisdictions in which we
plan to sell our product, which are generally applicable to business operations, such as business licensing requirements, income
taxes and payroll taxes. In general, the sale of our product in Malaysia and China is not subject to special regulatory and/or
supervisory requirements.



Employees



We have no employees other than our officer and directors as of
the date of this report. As needed from time to time, we may pay for the services of independent contractors such as web designers
and commissioned sales people.



Item 1A. Risk Factors.



A smaller reporting company is not required to provide the information
required by this Item.



Item 1B. Unresolved Staff Comments



A smaller reporting company is not required to provide the information
required by this Item.



Item 2. Properties



We do not lease or own any real property. We maintain our corporate
office at 50 West Liberty Street, Suite 880, Reno, NV 89501 and our operations office in Malaysia is located at Penthouse, Menara
Antara, No. 11, Jalan Bukit Ceylong, Kuala Lumpur 50200, Malaysia. This office space is being provided free of charge by our officer
and director, Tee Kai Shen.



Item 3. Legal Proceedings



We are not a party to any pending legal proceeding. We are not aware
of any pending legal proceeding to which any of our officers, directors, or any beneficial holders of 5% or more of our voting
securities are adverse to us or have a material interest adverse to us.



Item 4. (Removed and Reserved)

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PART
II



Item 5. Market
for Registrant’s Common Equity and Related Stockholder Mattersand Issuer
Purchases of Equity Securities



Market Information



Our common stock is currently quoted on the OTC Bulletin Board (“OTCBB”),
which is sponsored by FINRA. The OTCBB is a network of security dealers who buy and sell stock. The dealers are connected by a
computer network that provides information on current "bids" and "asks", as well as volume information. Our
shares are quoted on the OTCBB under the symbol “ROTE.OB.”



The following table sets forth the range of high and low bid quotations
for our common stock for each of the periods indicated as reported by the OTCBB. These quotations reflect inter-dealer prices,
without retail mark-up, mark-down or commission and may not necessarily represent actual transactions.



|Fiscal Year Ending July 31, 2011
|--------------------------------
|Quarter Ended                   
|July 31, 2011                   
|March 31, 2011                  
|December 31, 2010               
|September 30, 2010              



|Fiscal Year Ending July 31, 2010
|--------------------------------
|Quarter Ended                   
|July 31, 2010                   
|March 31, 2010                  
|December 31, 2009               
|September 30, 2009              



Penny Stock



The SEC has adopted rules that regulate broker-dealer practices
in connection with transactions in penny stocks. Penny stocks are generally equity securities with a market price of less than
$5.00, other than securities registered on certain national securities exchanges or quoted on the NASDAQ system, provided that
current price and volume information with respect to transactions in such securities is provided by the exchange or system. The
penny stock rules require a broker-dealer, prior to a transaction in a penny stock, to deliver a standardized risk disclosure document
prepared by the SEC, that: (a) contains a description of the nature and level of risk in the market for penny stocks in both public
offerings and secondary trading; (b) contains a description of the broker's or dealer's duties to the customer and of the rights
and remedies available to the customer with respect to a violation of such duties or other requirements of the securities laws;
(c) contains a brief, clear, narrative description of a dealer market, including bid and ask prices for penny stocks and the significance
of the spread between the bid and ask price; (d) contains a toll-free telephone number for inquiries on disciplinary actions; (e)
defines significant terms in the disclosure document or in the conduct of trading in penny stocks; and (f) contains such other
information and is in such form, including language, type size and format, as the SEC shall require by rule or regulation.

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The broker-dealer also must provide, prior to effecting any transaction
in a penny stock, the customer with (a) bid and offer quotations for the penny stock; (b) the compensation of the broker-dealer
and its salesperson in the transaction; (c) the number of shares to which such bid and ask prices apply, or other comparable information
relating to the depth and liquidity of the market for such stock; and (d) a monthly account statement showing the market value
of each penny stock held in the customer's account.



In addition, the penny stock rules require that prior to a transaction
in a penny stock not otherwise exempt from those rules, the broker-dealer must make a special written determination that the penny
stock is a suitable investment for the purchaser and receive the purchaser's written acknowledgment of the receipt of a risk disclosure
statement, a written agreement as to transactions involving penny stocks, and a signed and dated copy of a written suitability
statement.



These disclosure requirements may have the effect of reducing the
trading activity for our common stock. Therefore, stockholders may have difficulty selling our securities.



Holders of Our Common Stock



As of July 31, 2011, we had 2,150,000 shares of our common stock
issued and outstanding, held by 40 shareholders of record.



Dividends



There are no restrictions in our articles of
incorporation or bylaws that prevent us from declaring dividends. The Nevada Revised Statutes, however, do prohibit us from declaring
dividends where after giving effect to the distribution of the dividend:



1.we would not be able to pay our debts as they become due in the usual course of business, or;

2.our total assets would be less than the sum of our total liabilities plus the amount that would be needed to satisfy the
rights of shareholders who have preferential rights superior to those receiving the distribution.



We have not declared any dividends and we do
not plan to declare any dividends in the foreseeable future.



Securities Authorized for Issuance under Equity Compensation
Plans



We do not have any equity compensation plans.



Item 6. Selected
Financial Data



A smaller reporting company is not required to provide the information
required by this Item.

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Item 7. Management’s
Discussion and Analysis of Financial Condition and Results of Operations



Forward-Looking Statements



Certain statements, other than purely historical information, including
estimates, projections, statements relating to our business plans, objectives, and expected operating results, and the assumptions
upon which those statements are based, are “forward-looking statements” within the meaning of the Private Securities
Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
These forward-looking statements generally are identified by the words “believes,” “project,” “expects,”
“anticipates,” “estimates,” “intends,” “strategy,” “plan,” “may,”
“will,” “would,” “will be,” “will continue,” “will likely result,”
and similar expressions. We intend such forward-looking statements to be covered by the safe-harbor provisions for forward-looking
statements contained in the Private Securities Litigation Reform Act of 1995, and are including this statement for purposes of
complying with those safe-harbor provisions. Forward-looking statements are based on current expectations and assumptions that
are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking statements.
Our ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could
have a material adverse affect on our operations and future prospects on a consolidated basis include, but are not limited to:
changes in economic conditions, legislative/regulatory changes, availability of capital, interest rates, competition, and generally
accepted accounting principles. These risks and uncertainties should also be considered in evaluating forward-looking statements
and undue reliance should not be placed on such statements. We undertake no obligation to update or revise publicly any forward-looking
statements, whether as a result of new information, future events or otherwise. Further information concerning our business, including
additional factors that could materially affect our financial results, is included herein and in our other filings with the SEC.



Results of Operations for the Years Ended July 31, 2011 and 2010
and for the period from inception (July 27, 2007) to July 31, 2011



We have not earned any revenues
since our inception. We are presently in the development stage of our business and we can provide no assurance that we will develop
a viable product, or if such product is developed, that we will be able to generate sufficient sales and enter into commercial
production.



Our operating expenses for the year ended July 31, 2011 consisted
of professional fees in the amount of $14,158 and filing fees in the amount of $955, while our operating expenses for the year
ended July 31, 2010 consisted of professional fees in the amount of $20,500 and filing fees in the amount of $5,000. Our operating
expenses for the period from inception (July 27, 2008) through July 31, 2011 consisted of professional fees in the amount of $93,158
and filing fees in the amount of $5,955.



We had a net loss of $15,113 for the year ended July 31, 2011, compared
with a net loss of $25,500 for the year ended July 31, 2010, and a net loss of $99,113 for the period from inception (July 27,
2007) to July 31, 2011.



Liquidity and Capital Resources



As of July 31, 2011, we had total current assets of $3,000. Our
total current liabilities as of July 31, 2011 were $59,113. Thus, we have a working capital deficit of $56,113 as of July 31, 2011.



Operating activities used $16,575 in cash for the year ended July
31, 2011. Our net loss of $15,113 was the primary negative component of our operating cash flow. Cash flows provided by financing
activities during year ended July 31, 2011 consisted of $16,575 as loans from our officer and director.



The success of our business plan beyond the next 12 months is contingent
upon us obtaining additional financing. We intend to fund operations through debt and/or equity financing arrangements, which may
be insufficient to fund our capital expenditures, working capital, or other cash requirements. We do not have any formal commitments
or arrangements for the sales of stock or the advancement or loan of funds at this time. There can be no assurance that such additional
financing will be available to us on acceptable terms, or at all.

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Going Concern



We have incurred losses since inception, have negative working capital,
and have not yet received revenues from sales of products or services. These factors create substantial doubt about our ability
to continue as a going concern. The financial statements do not include any adjustment that might be necessary if we are unable
to continue as a going concern.



Our ability to continue as a going concern is dependent on generating
cash from the sale of our common stock and/or obtaining debt financing and attaining future profitable operations. Management’s
plans include selling our equity securities and obtaining debt financing to fund our capital requirement and ongoing operations;
however, there can be no assurance we will be successful in these efforts.



Purchase or Sale of Equipment



We do not expect to purchase or sell any plant or significant equipment.



Personnel



Tee Kai Shen, our President and Director is currently working approximately
10 to 20 hours per week to meet our needs. As demand requires, Tee Kai Shen will devote additional time. We currently have no other
employees. We do not expect to increase our number of employees during the next twelve months.



Off Balance Sheet Arrangements



As of July 31, 2011, there were no off balance sheet arrangements.



Item 7A. Quantitative and
Qualitative Disclosures About Market Risk



A smaller reporting company is not required to provide the information
required by this Item.



Item 8. Financial Statements
and Supplementary Data



See the financial statements annexed to this annual report.



Index to Financial Statements Required by Article
8 of Regulation S-X:



|Audited Financial Statements:
|-----------------------------
|                             
|F-1                          
|F-2                          
|F-3                          
|F-4                          
|F-5                          
|F-6                          



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Silberstein Ungar, PLLC CPAs and Business Advisors

Phone (248) 203-0080

Fax (248) 281-0940

30600 Telegraph Road, Suite 2175

Bingham Farms, MI 48025-4586

www.sucpas.com



REPORT OF INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM



To the Boards of Directors

Rolling Technologies, Inc.

Las Vegas, Nevada



We have audited the accompanying balance sheets
of Rolling Technologies, Inc., as of July 31, 2011 and 2010, and the related statements of operations, stockholders’ deficit,
and cash flows for the years then ended and the period from July 27, 2007 (date of inception) to July 31, 2011. These financial
statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on these financial
statements based on our audits.



We conducted our audits in accordance with
the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform
the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Company
has determined that it is not required to have, nor were we engaged to perform, an audit of its internal control over financial
reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures
that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s
internal control over financial reporting. Accordingly, we express no such opinion. An audit includes examining on a test basis,
evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles
used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe
that our audits provide a reasonable basis for our opinion.



In our opinion, the financial statements referred
to above present fairly, in all material respects, the financial position of Rolling Technologies, Inc., as of July 31, 2011 and
2010 and the results of its operations and cash flows for the years then ended and the period from July 27, 2007 (date of inception)
to July 31, 2011, in conformity with accounting principles generally accepted in the United States.



The accompanying financial statements have
been prepared assuming that Rolling Technologies, Inc. will continue as a going concern. As discussed in Note 8 to the financial
statements, the Company has incurred losses from operations, has negative working capital and is in need of additional capital
to grow its operations so that it can become profitable. These factors raise substantial doubt about the Company’s ability
to continue as a going concern. Management’s plans with regard to these matters are described in Note 8. The accompanying
financial statements do not include any adjustments that might result from the outcome of this uncertainty.



/s/ Silberstein Ungar, PLLC

Silberstein Ungar, PLLC



Bingham Farms, Michigan

October 24, 2011

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ROLLING TECHNOLOGIES, INC.

(A DEVELOPMENT STAGE
COMPANY)

BALANCE SHEETS

AS OF JULY 31, 2011 AND 2010





|                                                                                                      |  | 2011 |         | 2010
|----------------------------------------------------------------------------------------------------- |  | ---- | ------- | ----
|ASSETS                                                                                                |  |      |         |     
|Current Assets                                                                                        |  |      |         |     
|Cash and equivalents                                                                                  |  | $    | 0       |     
|Prepaid expenses                                                                                      |  |      | 3,000   |     
|                                                                                                      |  |      |         |     
|TOTAL ASSETS                                                                                          |  | $    | 3,000   |     
|                                                                                                      |  |      |         |     
|LIABILITIES AND STOCKHOLDERS’ DEFICIT                                                                 |  |      |         |     
|Liabilities                                                                                           |  |      |         |     
|Current Liabilities                                                                                   |  |      |         |     
|Accrued expenses                                                                                      |  | $    | 1,380   |     
|Loan payable – related party                                                                          |  |      | 57,733  |     
|Total Liabilities                                                                                     |  |      | 59,113  |     
|                                                                                                      |  |      |         |     
|Stockholders’ Deficit                                                                                 |  |      |         |     
|Common Stock, $.001 par value, 100,000,000 shares authorized, 2,150,000 shares issued and outstanding |  |      | 2,150   |     
|Additional paid-in capital                                                                            |  |      | 40,850  |     
|Deficit accumulated during the development stage                                                      |  |      | (99,113 | )   
|Total Stockholders’ Deficit                                                                           |  |      | (56,113 | )   
|                                                                                                      |  |      |         |     
|TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT                                                           |  | $    | 3,000   |     



See accompanying notes to financial statements.

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ROLLING TECHNOLOGIES, INC.

(A DEVELOPMENT STAGE
COMPANY)

STATEMENTS OF OPERATIONS

FOR THE YEARS ENDED JULY 31, 2011 AND 2010

FOR THE PERIOD FROM JULY 27, 2007 (INCEPTION)
TO JULY 31, 2011





|                                                                 |  | Year ended July 31, 2011 |           | Year ended  July 31, 2010 |  | Period from July 27, 2007 (Inception) to July 31, 2011
|---------------------------------------------------------------- |  | ------------------------ | --------- | ------------------------- |  | ------------------------------------------------------
|                                                                 |  |                          |           |                           |  |                                                       
|REVENUES                                                         |  | $                        | 0         |                           |  | $                                                     
|                                                                 |  |                          |           |                           |  |                                                       
|EXPENSES                                                         |  |                          |           |                           |  |                                                       
|Professional fees                                                |  |                          | 14,158    |                           |  |                                                       
|Filing fees                                                      |  |                          | 955       |                           |  |                                                       
|TOTAL EXPENSES                                                   |  |                          | 15,113    |                           |  |                                                       
|                                                                 |  |                          |           |                           |  |                                                       
|LOSS FROM OPERATIONS                                             |  |                          | (15,113   | )                         |  |                                                       
|                                                                 |  |                          |           |                           |  |                                                       
|PROVISION FOR INCOME TAXES                                       |  |                          | 0         |                           |  |                                                       
|                                                                 |  |                          |           |                           |  |                                                       
|NET LOSS                                                         |  | $                        | (15,113   | )                         |  | $                                                     
|                                                                 |  |                          |           |                           |  |                                                       
|NET LOSS PER SHARE: BASIC AND DILUTED                            |  | $                        | (0.01     | )                         |  | $                                                     
|                                                                 |  |                          |           |                           |  |                                                       
|WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED |  |                          | 2,150,000 |                           |  |                                                       

See accompanying notes to financial statements.

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ROLLING TECHNOLOGIES, INC.

(A DEVELOPMENT STAGE COMPANY)

STATEMENT OF STOCKHOLDERS’ DEFICIT

FOR THE PERIOD FROM JULY 27, 2007 (INCEPTION)
TO JULY 31, 2011



|                                                     |  | Common Stock |           | Additional paid-in |  | Deficit accumulated during the development |       |      
|---------------------------------------------------- |  | ------------ | --------- | ------------------ |  | ------------------------------------------ | ----- | -----
|                                                     |  | Shares       |           | Amount             |  | capital                                    |       | stage
|                                                     |  |              |           |                    |  |                                            |       |      
|Inception, July 27, 2007                             |  |              | 0         |                    |  | $                                          | 0     |      
|                                                     |  |              |           |                    |  |                                            |       |      
|Issuance of common stock for cash @ $0.001 per share |  |              | 2,150,000 |                    |  |                                            | 2,150 |      
|                                                     |  |              |           |                    |  |                                            |       |      
|Net loss for the period ended July 31, 2007          |  |              | —         |                    |  |                                            | —     |      
|                                                     |  |              |           |                    |  |                                            |       |      
|Balance, July 31, 2007                               |  |              | 2,150,000 |                    |  |                                            | 2,150 |      
|                                                     |  |              |           |                    |  |                                            |       |      
|Net loss for the year ended July 31, 2008            |  |              | —         |                    |  |                                            | —     |      
|                                                     |  |              |           |                    |  |                                            |       |      
|Balance, July 31, 2008                               |  |              | 2,150,000 |                    |  |                                            | 2,150 |      
|                                                     |  |              |           |                    |  |                                            |       |      
|Net loss for the year ended July 31, 2009            |  |              | —         |                    |  |                                            | —     |      
|                                                     |  |              |           |                    |  |                                            |       |      
|Balance, July 31, 2009                               |  |              | 2,150,000 |                    |  |                                            | 2,150 |      
|                                                     |  |              |           |                    |  |                                            |       |      
|Net loss for the year ended July 31, 2010            |  |              | —         |                    |  |                                            | —     |      
|                                                     |  |              |           |                    |  |                                            |       |      
|Balance, July 31, 2010                               |  |              | 2,150,000 |                    |  |                                            | 2,150 |      
|                                                     |  |              |           |                    |  |                                            |       |      
|Net loss for the year ended July 31, 2011            |  |              | —         |                    |  |                                            | —     |      
|                                                     |  |              |           |                    |  |                                            |       |      
|Balance, July 31, 2011                               |  |              | 2,150,000 |                    |  | $                                          | 2,150 |      



See accompanying notes to financial statements.

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ROLLING TECHNOLOGIES, INC.

(A DEVELOPMENT STAGE COMPANY)

STATEMENTS OF CASH FLOWS

FOR THE YEARS ENDED JULY 31, 2011 AND 2010

FOR THE PERIOD FROM JULY 27, 2007 (INCEPTION)
TO JULY 31, 2011



|                                          |  | Year ended
July 31, 2011 |         | Year ended
July 31, 2010 |  | Period from July 27, 2007 (Inception) to July 31, 2011
|----------------------------------------- |  | ------------------------ | ------- | ------------------------ |  | ------------------------------------------------------
|CASH FLOWS FROM OPERATING ACTIVITIES      |  |                          |         |                          |  |                                                       
|Net loss for the period                   |  | $                        | (15,113 | )                        |  | $                                                     
|Change in non-cash working capital items  |  |                          |         |                          |  |                                                       
|Changes in assets and liabilities:        |  |                          |         |                          |  |                                                       
|(Increase) in prepaid expenses            |  |                          | (1,000  | )                        |  |                                                       
|Increase (decrease) in accrued expenses   |  |                          | (462    | )                        |  |                                                       
|CASH FLOWS USED BY OPERATING ACTIVITIES   |  |                          | (16,575 | )                        |  |                                                       
|                                          |  |                          |         |                          |  |                                                       
|CASH FLOWS FROM FINANCING ACTIVITIES      |  |                          |         |                          |  |                                                       
|Proceeds from issuance of common stock    |  |                          | 0       |                          |  |                                                       
|Loan received from related party          |  |                          | 16,575  |                          |  |                                                       
|NET CASH PROVIDED BY FINANCING ACTIVITIES |  |                          | 16,575  |                          |  |                                                       
|                                          |  |                          |         |                          |  |                                                       
|NET INCREASE (DECREASE) IN CASH           |  |                          | 0       |                          |  |                                                       
|                                          |  |                          |         |                          |  |                                                       
|Cash, beginning of period                 |  |                          | 0       |                          |  |                                                       
|Cash, end of period                       |  | $                        | 0       |                          |  | $                                                     
|                                          |  |                          |         |                          |  |                                                       
|SUPPLEMENTAL CASH FLOW INFORMATION:       |  |                          |         |                          |  |                                                       
|Interest paid                             |  | $                        | 0       |                          |  | $                                                     
|Income taxes paid                         |  | $                        | 0       |                          |  | $                                                     





See accompanying notes
to financial statements.

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ROLLING TECHNOLOGIES, INC.

(A DEVELOPMENT STAGE
COMPANY)

NOTES TO THE FINANCIAL STATEMENTS

JULY 31, 2011



NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES



Nature of Business

Rolling Technologies, Inc. (“Rolling”
and the “Company”) was incorporated in Nevada on July 27, 2007. The Company is in the process of developing a portable,
light-weight car-top carrier that combines the strength of a box carrier with the convenience of a bag carrier for a retail price
of under $50.



Development Stage Company

The accompanying financial statements have
been prepared in accordance with generally accepted accounting principles related to development-stage companies. A development-stage
company is one in which planned principal operations have not commenced or if its operations have commenced, there has been no
significant revenues there from.



Basis of Presentation

The financial statements of the Company have
been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in
US dollars.



Accounting Basis

The Company uses the accrual basis of accounting
and accounting principles generally accepted in the United States of America (“GAAP” accounting).  The Company
has adopted a July 31 fiscal year end.



Cash and Cash Equivalents

Rolling considers all highly liquid investments
with maturities of six months or less to be cash equivalents. At July 31, 2011 and 2010, the Company had $0 of cash.



Fair Value of Financial Instruments

The Company’s financial instruments consist
of cash and cash equivalents, prepaid expenses, accrued expenses and loans payable to a related party. The carrying amount of these
financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market
rates unless otherwise disclosed in these financial statements.



Income Taxes

Income taxes are computed using the asset and
liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the
differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted
tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence,
are not expected to be realized.



Use of Estimates

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



Revenue Recognition

The Company recognizes revenue when products
are fully delivered or services have been provided and collection is reasonably assured.

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ROLLING TECHNOLOGIES, INC.

(A DEVELOPMENT STAGE
COMPANY)

NOTES TO THE FINANCIAL STATEMENTS

JULY 31, 2011



NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(CONTINUED)



Basic Income (Loss) Per Share

Basic income (loss) per share is calculated
by dividing the Company’s net loss applicable to common shareholders by the weighted average number of common shares during
the period. Diluted earnings per share is calculated by dividing the Company’s net income available to common shareholders
by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding
is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. There are no such common stock equivalents
outstanding as of July 31, 2011.



Stock-Based Compensation

Stock-based compensation is accounted for at
fair value in accordance with SFAS No. 123 and 123 (R) (ASC 718). To date, the Company has not adopted a stock option plan and
has not granted any stock options. As of July 31, 2011, the Company has not issued any stock-based payments to its employees.



Recent Accounting Pronouncements

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



NOTE 2 – PREPAID EXPENSES



Prepaid expenses consisted amounts prepaid
for legal services during the years ended July 31, 2011 and 2010. Prepaid expenses totaled $3,000 and $2,000 as of July 31, 2011
and 2010, respectively.



NOTE 3 – ACCRUED EXPENSES



Accrued expenses at July 31, 2011 consisted
of amounts owed to the Company’s attorneys and stock transfer agent. Accrued expenses totaled $1,380 and $1,842 as of July
31, 2011 and 2010, respectively.



NOTE 4 – LOAN PAYABLE – RELATED PARTY



The Company has received loans from a related
party to be used for working capital. The loans are unsecured, non-interest bearing, and due on demand. The balance due to the
shareholder was $57,733 and $41,158 as of July 31, 2011 and 2010, respectively.



NOTE 5 – STOCKHOLDERS’ DEFICIT



The Company has 100,000,000 shares of $0.001
par value common stock authorized. There were no shares of common stock issued during the years ended July 31, 2011 and 2010. As
of July 31, 2011, Rolling had 2,150,000 shares of common stock issued and outstanding.



NOTE 6 – COMMITMENTS AND CONTINGENCIES



Rolling neither owns nor leases any real or
personal property. An office has provided office services without charge. There is no obligation for this arrangement to continue.
Such costs are immaterial to the financial statements and accordingly are not reflected herein. The officers and directors are
involved in other business activities and most likely will become involved in other business activities in the future.

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ROLLING TECHNOLOGIES, INC.

(A DEVELOPMENT STAGE
COMPANY)

NOTES TO THE FINANCIAL STATEMENTS

JULY 31, 2011



NOTE 7 – INCOME TAXES



As of July 31, 2011, the Company had net operating
loss carry forwards of approximately $99,000 that may be available to reduce future years’ taxable income through 2030. Future
tax benefits which may arise as a result of these losses have not been recognized in these financial statements, as their realization
is determined not likely to occur and accordingly, the Company has recorded a valuation allowance for the deferred tax asset relating
to these tax loss carry-forwards.



The provision for Federal income tax consists of the following for
the years ended July 31, 2011 and 2010:



|                                            |  | 2011 |        | 2010
|------------------------------------------- |  | ---- | ------ | ----
|Federal income tax benefit attributable to: |  |      |        |     
|Current Operations                          |  | $    | 5,138  |     
|Less: valuation allowance                   |  |      | (5,138 | )   
|Net provision for Federal income taxes      |  | $    | 0      |     



The cumulative tax effect at the expected rate of 34% of significant
items comprising our net deferred tax amount is as follows as of July 31, 2011 and 2010:



|                                    |  | 2011 |         | 2010
|----------------------------------- |  | ---- | ------- | ----
|Deferred tax asset attributable to: |  |      |         |     
|Net operating loss carryover        |  | $    | 33,698  |     
|Less: valuation allowance           |  |      | (33,698 | )   
|Net deferred tax asset              |  | $    | 0       |     



Due to the change in ownership provisions of
the Tax Reform Act of 1986, net operating loss carry forwards of $99,113 for Federal income tax reporting purposes are subject
to annual limitations. Should a change in ownership occur net operating loss carry forwards may be limited as to use in future
years.



NOTE 8 – LIQUIDITY AND GOING CONCERN



Rolling has negative working capital, has incurred
losses since inception, and has not yet received revenues from sales of products or services. These factors create substantial
doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustment
that might be necessary if the Company is unable to continue as a going concern.



The ability of Rolling to continue as a going
concern is dependent on the Company generating cash from the sale of its common stock and/or obtaining debt financing and attaining
future profitable operations. Management’s plans include selling its equity securities and obtaining debt financing to fund
its capital requirement and ongoing operations; however, there can be no assurance the Company will be successful in these efforts.



NOTE 9 – SUBSEQUENT EVENTS



Management has evaluated subsequent events
through October 24, 2011, the date these financial statements were issued, and has determined it does not have any material subsequent
events to disclose.







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Table of Contents


Item 9. Changes In and Disagreements with Accountants on Accounting
and Financial Disclosure



No events occurred requiring disclosure under Item 307 and 308 of
Regulation S-K during the fiscal year ending July 31, 2011.



Item 9A(T). Controls and Procedures



Disclosure controls and procedures are controls and other procedures
that are designed to ensure that information required to be disclosed in company reports filed or submitted under the Securities
Exchange Act of 1934 (the “Exchange Act”) is recorded, processed, summarized and reported, within the time periods
specified in the Securities and Exchange Commission’s rules and forms. Disclosure controls and procedures include without
limitation, controls and procedures designed to ensure that information required to be disclosed in company reports filed or submitted
under the Exchange Act is accumulated and communicated to management, including our chief executive officer and treasurer, as appropriate
to allow timely decisions regarding required disclosure.



As required by Rules 13a-15 and 15d-15 under the Exchange Act, our
chief executive officer and chief financial officer carried out an evaluation of the effectiveness of the design and operation
of our disclosure controls and procedures as of July 31, 2011. Based on their evaluation, they concluded that our disclosure controls
and procedures were effective.

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Management is responsible for establishing and maintaining adequate
internal control over our financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) of the Exchange Act). Our internal control
over financial reporting is a process designed by, or under the supervision of, our chief executive officer and chief financial
officer and effected by our board of directors, management and other personnel, to provide reasonable assurance regarding the reliability
of our financial reporting and the preparation of our financial statements for external purposes in accordance with generally accepted
accounting principles. Internal control over financial reporting includes policies and procedures that pertain to the maintenance
of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of our assets; provide reasonable
assurance that transactions are recorded as necessary to permit preparation of our financial statements in accordance with generally
accepted accounting principles, and that our receipts and expenditures are being made only in accordance with the authorization
of our board of directors and management; and provide reasonable assurance regarding prevention or timely detection of unauthorized
acquisition, use or disposition of our assets that could have a material effect on our financial statements.



Under the supervision and with the participation of our management,
including our chief executive officer, we conducted an evaluation of the effectiveness of our internal control over financial reporting
based on the criteria established in Internal Control – Integrated Framework issued by the Committee of Sponsoring Organizations
of the Treadway Commission (“COSO”). Based on this evaluation under the criteria established in Internal Control –
Integrated Framework, our management concluded that our internal control over financial reporting was effective as of July 31,
2011.



This annual report does not include an attestation report of our
registered public accounting firm regarding internal control over financial reporting. Management’s report was not subject
to attestation by our registered public accounting firm pursuant to temporary rules of the Securities and Exchange Commission that
permit us to provide only management’s report in this annual report.



During the most recently completed fiscal quarter, there has
been no change in our internal control over financial reporting that has materially affected or is reasonably likely to materially
affect, our internal control over financial reporting.



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Item 9B. Other Information



None

PART III



Item 10. Directors, Executive Officers and
Corporate Governance



The following information sets forth the names
of our current directors and executive officers, their ages as of July 31, 2011 and their present positions.



|Name                                                                                                                                          | Age | Position Held with the Company
|--------------------------------------------------------------------------------------------------------------------------------------------- | --- | ------------------------------
|Tee Kai Shen
        Penthouse, Menara Antara, No. 11,
        Jalan Bukit Ceylong,
        Kuala Lumpur 50200
        Kuala Lumpur, Malaysia | 26  | President, CEO, and Director  
|Tam Siew Suan
        94, Jalan Metro Perdana Barat 12
        Taman Usahawan Kepong
        Kuala Lumpur, Malaysia                           | 50  | Director                      



Set forth below is a brief description of the
background and business experience of executive officers and directors.

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Tee Kai Shen is our President, CEO,
and director. Tee Kai Shen was a university student from 2000 through 2005. Tee Kai Shen obtained a Management Diploma from the
University of Abertay Dundee in December of 2005. Since graduation, Tee Kai Shen has worked as a manager at Galaxy Properties Corporation
in Kuala Lumpur, Malaysia. Tee Kai Shen’s duties in this position include general management tasks, oversight of employees,
and management level decision-making.



Tam Siew Suan is one of our directors. Tam Siew Suan obtained
a Bachelor of Science from University Lampung in 2002. Since that time, Tam Siew Suan has worked as a Senior Engineer at Vintage
Manufacturing Co. In this position, Tam Siew Suan has gained experience in design and manufacturing, which have been extremely
beneficial in the design and development of our current Product.



Directors



Our bylaws authorize no less than one (1) director. We currently
have two Directors.



Term of Office



Our Directors are appointed for a one-year term to hold office until
the next annual general meeting of our shareholders or until removed from office in accordance with our bylaws. Our officers are
appointed by our board of directors and hold office until removed by the board.



Family Relationships



There are no family relationships between or among the directors,
executive officers or persons nominated or chosen by us to become directors or executive officers.



Involvement in Certain Legal Proceedings



To the best of our knowledge, during the past ten years, none of
the following occurred with respect to a present or former director, executive officer, or employee: (1) any bankruptcy petition
filed by or against any business of which such person was a general partner or executive officer either at the time of the bankruptcy
or within two years prior to that time; (2) any conviction in a criminal proceeding or being subject to a pending criminal proceeding
(excluding traffic violations and other minor offenses); (3) being subject to any order, judgment or decree, not subsequently reversed,
suspended or vacated, of any court of competent jurisdiction, permanently or temporarily enjoining, barring, suspending or otherwise
limiting his or her involvement in any type of business, securities or banking activities; and (4) being found by a court of competent
jurisdiction (in a civil action), the SEC or the Commodities Futures Trading Commission to have violated a federal or state securities
or commodities law, and the judgment has not been reversed, suspended or vacated.



Committees of the Board



Our company currently does not have nominating, compensation or
audit committees or committees performing similar functions nor does our company have a written nominating, compensation or audit
committee charter. Our directors believe that it is not necessary to have such committees, at this time, because the functions
of such committees can be adequately performed by the board of directors.



Our company does not have any defined policy or procedural requirements
for shareholders to submit recommendations or nominations for directors. The board of directors believes that, given the stage
of our development, a specific nominating policy would be premature and of little assistance until our business operations develop
to a more advanced level. Our company does not currently have any specific or minimum criteria for the election of nominees to
the board of directors and we do not have any specific process or procedure for evaluating such nominees. The board of directors
will assess all candidates, whether submitted by management or shareholders, and make recommendations for election or appointment.

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A shareholder who wishes to communicate with our board of directors
may do so by directing a written request addressed to our President and director, Tee Kai Shen, at the address appearing on the
first page of this annual report.



Section 16(a) Beneficial Ownership Reporting
Compliance



Section 16(a) of the Exchange Act requires our
directors and executive officers and persons who beneficially own more than ten percent of a registered class of the Company’s
equity securities to file with the SEC initial reports of ownership and reports of changes in ownership of common stock and other
equity securities of the Company. Officers, directors and greater than ten percent beneficial shareholders are required by SEC
regulations to furnish us with copies of all Section 16(a) forms they file. To the best of our knowledge based solely on a review
of Forms 3, 4, and 5 (and any amendments thereof) received by us during or with respect to the year ended July 31, 2011, the following
persons have failed to file, on a timely basis, the identified reports required by Section 16(a) of the Exchange Act during fiscal
year ended July 31, 2011:





|Name and principal position               | Number of
        late reports | Transactions not
        timely reported | Known failures to
        file a required form
|----------------------------------------- | ------------------------------ | ---------------------------------------- | ----------------------------------------------
|Tee Kai Shen, President, CEO and Director | 0                              | 0                                        | 0                                             
|Tam Siew Suan, Director                   | 0                              | 0                                        | 0                                             



Code of Ethics



July 31, 2011, we had not adopted a Code of Ethics for Financial
Executives, which would include our principal executive officer, principal financial officer, principal accounting officer or controller,
or persons performing similar functions.

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Item 11. Executive Compensation



Summary Compensation Table



The table below summarizes all compensation awarded to, earned by,
or paid to both to our officers and to our directors for all services rendered in all capacities to us for our fiscal years ended
July 31, 2011 and 2010.



|SUMMARY COMPENSATION TABLE                                                                                                                                                                           
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Name
        and
        principal
        position                                                                                                                                                  
|Tee Kai Shen
        President, Chief Executive Officer, Principal Executive Officer,
        Chief Financial Officer, Principal Financial Officer, Principal
        Accounting Officer and Director



Narrative Disclosure to the Summary Compensation Table



We have not entered into any employment agreement or consulting
agreement with our executive officers. There are no arrangements or plans in which we provide pension, retirement or similar benefits
for executive officers.



Although we do not currently compensate our officers, we reserve
the right to provide compensation at some time in the future. Our decision to compensate officers depends on the availability of
our cash resources with respect to the need for cash to further our business purposes.



Stock Option Grants



We have not granted any stock options to the
executive officers or directors since our inception.

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Table of Contents


Outstanding Equity Awards at Fiscal Year-End



The table below summarizes all unexercised
options, stock that has not vested, and equity incentive plan awards for each named executive officer as of July 31, 2011.





|OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END
|--------------------------------------------
|OPTION AWARDS                               
|Name                                        
|Tee Kai Shen                                







Compensation of Directors



The table below summarizes all compensation of our directors as
of July 31, 2011.



|DIRECTOR COMPENSATION
|---------------------
|Name                 
|Tam Siew Suan        





Narrative Disclosure to the Director Compensation Table



We do not pay any compensation to our directors at this time. However,
we reserve the right to compensate our directors in the future with cash, stock, options, or some combination of the above.



Stock Option Plans



We did not have a stock option plan in place as of July 31, 2011.

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Table of Contents


Item 12. Security Ownership
of Certain Beneficial Owners and Management and Related Stockholder Matters



The following table sets forth certain information known to us with
respect to the beneficial ownership of our Common Stock as of July 31, 2011, by (1) all persons who are beneficial owners of 5%
or more of our voting securities, (2) each director, (3) each executive officer, and (4) all directors and executive officers as
a group. The information regarding beneficial ownership of our common stock has been presented in accordance with the rules of
the Securities and Exchange Commission. Under these rules, a person may be deemed to beneficially own any shares of capital stock
as to which such person, directly or indirectly, has or shares voting power or investment power, and to beneficially own any shares
of our capital stock as to which such person has the right to acquire voting or investment power within 60 days through the exercise
of any stock option or other right. The percentage of beneficial ownership as to any person as of a particular date is calculated
by dividing (a) (i) the number of shares beneficially owned by such person plus (ii) the number of shares as to which such person
has the right to acquire voting or investment power within 60 days by (b) the total number of shares outstanding as of such date,
plus any shares that such person has the right to acquire from us within 60 days. Including those shares in the tables does not,
however, constitute an admission that the named stockholder is a direct or indirect beneficial owner of those shares. Unless otherwise
indicated, each person or entity named in the table has sole voting power and investment power (or shares that power with that
person’s spouse) with respect to all shares of capital stock listed as owned by that person or entity.



Except as otherwise indicated, all Shares are owned directly and
the percentage shown is based on 2,150,000 Shares of Common Stock issued and outstanding as of July 31, 2011.



|Name and Address of Beneficial Owners of Common Stock1                                                                                        | Title of Class | Amount and Nature of Beneficial Ownership | % of Common Stock2
|--------------------------------------------------------------------------------------------------------------------------------------------- | -------------- | ----------------------------------------- | ------------------
|Tee Kai Shen
        Penthouse, Menara Antara, No. 11,
        Jalan Bukit Ceylong,
        Kuala Lumpur 50200
        Kuala Lumpur, Malaysia | Common Stock   | 600,000                                   | 27.9%             
|Tam Siew Suan
        94, Jalan Metro Perdana Barat 12
        Taman Usahawan Kepong
        Kuala Lumpur, Malaysia                           | Common Stock   | 600,000                                   | 27.9%             
|DIRECTORS AND OFFICERS – TOTAL                                                                                                                |                | 1,200,000                                 | 55.8%             
|                                                                                                                                              |                |                                           |                   
|5% SHAREHOLDERS                                                                                                                               |                |                                           |                   
|NONE                                                                                                                                          | Common Stock   | NONE                                      | NONE              



Other than the shareholders listed above, we
know of no other person who is the beneficial owner of more than five percent (5%) of our common stock.



Item
13. Certain Relationships and Related Transactions, and Director Independence



Except as follows, none of our directors or executive officers,
nor any proposed nominee for election as a director, nor any person who beneficially owns, directly or indirectly, shares carrying
more than 5% of the voting rights attached to all of our outstanding shares, nor any members of the immediate family (including
spouse, parents, children, siblings, and in-laws) of any of the foregoing persons has any material interest, direct or indirect,
in any transaction over the last two years or in any presently proposed transaction which, in either case, has or will materially
affect us.

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We have received loans from Tee Kai Shen, our officer and director,
for working capital. The loans are due upon demand, non-interest bearing, and unsecured. The balances due on the loan were $57,733
and $41,158 as of July 31, 2011 and 2010, respectively.



As of the date of this annual
report, our common stock is traded on the OTC Bulletin Board (the “Bulletin Board”). The Bulletin Board does not impose
on us standards relating to director independence or the makeup of committees with independent directors, or provide definitions
of independence.



Item 14. Principal Accounting Fees and Services



Below is the table of Audit Fees (amounts in US$) billed by our
auditor in connection with the audit of the Company’s annual financial statements for the years ended:



|Financial Statements for the Year Ended July 31 | Audit Services | Audit Related Fees | Tax Fees | Other Fees
|----------------------------------------------- | -------------- | ------------------ | -------- | ----------
|2011                                            | $10,000        | $0                 | $0       | $0        
|2010                                            | $10,000        | $0                 | $0       | $0        

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PART IV



Item 15. Exhibits, Financial Statements Schedules



|(a) | Financial Statements and Schedules
|--- | ----------------------------------



The following financial statements and schedules
listed below are included in this Form 10-K.



Financial Statements (See Item 8)



|Exhibit Number | Description                                                                                                                                                                  
|-------------- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|3.1            | Articles of Incorporation, as amended (1)                                                                                                                                    
|3.2            | Bylaws, as amended (1)                                                                                                                                                       
|23.1           | Consent of Silberstein Ungar, PLLC                                                                                                                                           
|31.1           | Certification of Chief Executive Officer pursuant to Securities Exchange Act Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002  
|31.2           | Certification of Chief Financial Officer pursuant to Securities Exchange Act Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002  
|32.1           | Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002



(1)Incorporated by reference to the Registration Statement on Form SB-2 filed on September
18, 2007.



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SIGNATURES



In accordance with Section 13 or 15(d) of the Exchange Act, the
registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.







|    | Rolling Technologies, Inc.                                                                                                                                                                   
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|    |                                                                                                                                                                                              
|By: | /s/ Tee Kai Shen                                                                                                                                                                             
|    | Tee Kai Shen
        President, Chief Executive Officer, Principal Executive Officer,
        Chief Financial Officer, Principal Financial Officer, Principal Accounting Officer and Director
|    |                                                                                                                                                                                              
|    | October 31, 2011                                                                                                                                                                             



In accordance with Section 13 or 15(d) of the Exchange Act, this
report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated:



|By: | /s/ Tee Kai Shen                                                                                                                                                                                     
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|    | Tee Kai Shen
        President, Chief Executive Officer, Principal Executive Officer,
        Chief Financial Officer, Principal Financial Officer, Principal
        Accounting Officer and Director
|    |                                                                                                                                                                                                      
|    | October 31, 2011                                                                                                                                                                                     





|By: | /s/ Tam Siew Suan,             
|--- | -------------------------------
|    | Tam Siew Suan,
        Director
|    |                                
|    | October 31, 2011               



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