UNITED
STATES SECURITIES AND EXCHANGE COMMISSION
 Washington,
D.C. 20549
  Form
10-K/A
 (Amendment
No. 1)
  (Mark
One)
  x
              ANNUAL
      REPORT UNDER SECTION 13 OR 15(d) OF THESECURITIES
      EXCHANGE ACT OF 1934
  For the
fiscal year ended December 31, 2008
  o
              TRANSITION
      REPORT UNDER SECTION 13 OR 15(d) OF THESECURITIES
      EXCHANGE ACT OF 1934
  For the
transition period from ______________ to________________
  Commission
file number 000-52224
  Sunnyside
Acres Mobile Estates
 (Name of
issuer in its charter)
  Nevada

                  (State
      or other jurisdiction of

                    incorporation
      or organization)
              
              88-0409166

                  (I.R.S.
      Employer Identification No.)P.O.
      Box 031-088, Shennan Zhong Road,Shenzhen
      City, P.R. China 518031(Address
      of principal executive offices)(Zip
      Code)Issuer's
      telephone number: 011-86-21-61050200Securities
      registered under Section 12(b) of the Exchange ActTitle
      of each class
              
              Name
      of each exchange on which registeredNone
              
              NoneSecurities
      registered under Section 12(g) of the Exchange Act:Common
      stock $0.001 par value(Title
      of class)
  Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in
Rule 405 of the Securities Act. Yes oNo 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 oNo x
  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 1934 during 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 xNo o
  
 
 Indicate
by check mark if disclosure of delinquent filers pursuant to Item 405 of
Regulation S-K (ss. 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 o
  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
definitions of "large accelerated filer," "accelerated filer," and "smaller
reporting company" in Rule 12b-2 of the Exchange Act. (Check one):
  Large
      accelerated filer o
              Accelerated
      filer o(Do
      not check if a smaller reporting company)Non-accelerated
      filer o
              Smaller
      reporting company x
  Indicate
by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Act). Yes xNo o
  As of
June 30, 2008, the number of outstanding shares of the registrant's common stock
held by non-affiliates (excluding shares held by directors, officers and others
holding more than 5% of the outstanding shares of the class) was 750,000 shares.
However, since trading in the common stock on the OTC Bulletin Board has been
limited and quotations sporadic, it is impracticable to ascertain the aggregate
market value of those shares as of that date.
  As of
April 14, 2009, we had outstanding 8,000,000 shares of common
stock.
  DOCUMENTS
INCORPORATED BY REFERENCE: None
  
  Explanatory
Note
  This
amendment, which is being filed in response to comments received from the staff
of the Securities and Exchange Commission, amends the financial statements of
the registrant in Item 8, Item 9A(T) (“Controls and Procedures”), and Item 14
(“Financial Statements and Exhibits”).
  Item 8.
Financial Statements
  The
Financial Statements in this Annual Report are presented commencing on page F-1
following Item 14.
  Item 9A
(T). Controls and Procedures
  Evaluation
of Disclosure Controls and Procedures.
  Our
senior management is responsible for establishing and maintaining a system of
disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e)
under the Securities Exchange Act of 1934 (the "Exchange Act") designed to
ensure that the information required to be disclosed by us in the reports we
file or submit under 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 by an issuer in the reports that it files or submits
under the Exchange Act is accumulated and communicated to the issuer's
management, including its principal executive officer or officers and principal
financial officer or officers, or persons performing similar functions, as
appropriate to allow timely decisions regarding required
disclosures.
  We have
evaluated the effectiveness of the design and operation of its disclosure
controls and procedures under the supervision of and with the participation of
management, including our Chief Executive Officer and Chief Financial Officer,
as of the end of the period covered by this report. Based on that evaluation,
our Chief Executive Officer and Chief Financial Officer has concluded that our
disclosure controls and procedures were not effective at the
end of the period covered by this report. In particular, deficiencies in
the design and operation of internal controls over financial reporting, which
may be considered to be “material weaknesses,” have prevented us from detecting
the inappropriate application of U.S. generally accepted accounting practices
standards.
  We will
continue to create and refine a structure in which critical accounting policies
and estimates are identified, and together with other complex areas, are subject
to multiple reviews by accounting personnel. In addition, we will enhance and
test our year-end financial close process. Finally, we plan to designate
individuals responsible for identifying reportable developments. We believe
these actions will remediate the material weakness by focusing additional
attention and resources in our internal accounting functions. However, the
material weakness will not be considered remediated until the applicable
remedial controls operate for a sufficient period of time and management has
concluded, through testing, that these controls are operating
effectively
  Management’s
Annual Report on Internal Control Over Financial Reporting*.
  Our
management is responsible for establishing and maintaining an adequate internal
control structure and procedures over our financial reporting. Internal control
over financial reporting is a process designed to provide reasonable assurance
regarding the reliability of financial reporting and the preparation of
financial statements for external purposes in accordance with generally accepted
accounting principles. Our internal control over financial reporting includes
those policies and procedures that:
  (1)
pertain to the maintenance of records that, in reasonable detail, accurately and
fairly reflect our transactions and dispositions of the assets;
  (2)
provide reasonable assurance that transactions are recorded as necessary to
permit preparation of financial statements in accordance with generally accepted
accounting principles, and that our receipts and expenditures are being made
only in accordance with authorizations of our management and Board of Directors;
and
  
  (3)
provide reasonable assurance regarding prevention or timely detection of
unauthorized acquisition, use, or disposition of our assets that could have a
material effect on the financial statements.
  Because
of its inherent limitations, internal control over financial reporting may not
prevent or detect misstatements. Also, projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may become
inadequate because of changes in conditions, or that the degree of compliance
with the policies or procedures may deteriorate.
  During
the auditing process for our 2008 annual report, we discovered inconsistencies
within our financial statements for the fiscal year ended December 31, 2007
which were included in our annual report for that year. We believe this was due
to the lack of internal control over the financial recording process for this
period.
  Our
management, which assumed control of our company in November 2007 following the
acquisition of a controlling interest by Max Time Enterprise Limited, performed
an assessment of the effectiveness of our internal control over financial
reporting as of December 31, 2008. This evaluation was based on criteria set
forth by the Committee of Sponsoring Organizations of the Treadway Commission,
or COSO, Internal Control-Integrated Framework. Based upon such assessment, our
Chief Executive Officer and Chief Financial Officer concluded that our internal
controls over financial reporting were not effective as of December 31, 2008. In
particular, our controls over financial reporting were not effective in the
specific areas described in the “Evaluation of Disclosure Controls and
Procedures” section above and as specifically described in the paragraphs
below.
  As of
December 31, 2008 our Chief Executive Officer and Chief Financial Officer
identified the following specific material weaknesses in the internal controls
over our financial reporting processes:
  •
Policies and Procedures for the Financial Close and Reporting Process —
Currently there are no policies or procedures that clearly define the roles in
the financial close and reporting process. The various roles and
responsibilities related to this process should be defined, documented, updated
and communicated. Failure to have such policies and procedures in place amounts
to a material weakness to the internal controls over our financial reporting
processes.
  •
Representative with Financial Expertise — For the year ended December 31, 2008,
we did not have a representative with the requisite knowledge and expertise to
review the financial statements and disclosures at a sufficient level to monitor
our financial statements and disclosures. Failure to have a representative with
such knowledge and expertise amounts to a material weakness to the internal
controls over our financial reporting processes.
  •
Adequacy of Accounting Systems at Meeting Company Needs — The accounting system
in place at the time of the assessment lacks the ability to identify errors in
the financial statements from within the system, and there were no procedures in
place or built into the system to ensure that all relevant information is
secure, identified, captured, processed, and reported within the accounting
system. Failure to have an adequate accounting system with procedures to ensure
the information is secure and accurately recorded and reported amounts to a
material weakness to the internal controls over our financial reporting
processes. We had identified that there was a failure to identify all services
performed for our company and corresponding expenses for those services were not
properly included in the prior year financial statements.
  •
Segregation of Duties — Management has identified a significant general lack of
definition and segregation of duties throughout the financial reporting
processes. Due to the pervasive nature of this issue, the lack of adequate
definition and segregation of duties amounts to a material weakness to the
internal controls over our financial reporting processes.
  In light
of the foregoing, once we have the adequate funds, management plans to develop
the following additional procedures to help address these material
weaknesses:
  
  •
We will create and refine a structure in which critical accounting policies and
estimates are identified, and together with other complex areas, are subject to
multiple reviews by accounting personnel. In addition, we plan to enhance and
test our month-end and year-end financial close process. We also intend to
develop and implement policies
and procedures for the financial close and reporting process, such as
identifying the roles, responsibilities, methodologies, and review/approval
process. We believe these actions will remediate the material weaknesses by
focusing additional attention and resources in our internal accounting
functions. However, the material weaknesses will not be considered remediated
until the applicable remedial controls operate for a sufficient period of time
and management has concluded, through testing, that these controls are operating
effectively.
  Furthermore,
our senior management will continue to assess the adequacy of our financial
reporting systems in contemplation of a transaction with a target business. We
anticipate that following a business combination with a target business, we will
have to substantially upgrade our systems to ensure the reliability of our
financial statements.
 ___
 *The
foregoing report shall not be deemed to be filed for purposes of Section 18 of
the Exchange Act or otherwise subject to the liabilities of that
section.
  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.
  (3)
Changes in Control Over Financial Reporting. There have not been any changes in
our internal control over financial reporting (as such term is defined in Rules
13a-15(f) under the Exchange Act) during our fourth fiscal quarter for the year
ended December 31, 2008 that have materially affected, or are reasonably likely
to materially affect, our internal control over financial reporting
  Item 14.
Exhibits, Financial Statement Schedules
  (a) For a
list of the financial statements filed with this Report see Item 8. See (c)
below for a list of financial statement schedules included in this Report. See
(b) below for a list of exhibits required to be filed with this
Report.
  (b)
Exhibits.
  Exhibit
      No.
                Description
   3.1
              Articles
      of incorporation, as amended, incorporated herein by reference to Exhibit
      3.1 to the Registrant's Registration Statement on Form 10-SB filed on
      September 15, 2006 (the "Form
10-SB")
  3.2
              By-Laws
      of the Registrant, incorporated herein by reference to Exhibit 3.2 to the
      Form 10-SB.
  31.1
              Certification
      by Principal Executive Officer and Principal Financial Officer pursuant to
      Rule 13a-14 and Rule 15d-14 of the Securities Exchange Act of
      1934
  32.1
              Certification
      by Principal Executive Officer and Principal Financial Officer pursuant to
      Section 906 of the Sarbanes-Oxley Act of 2002 (18 USC
  1350)
  (c)
Financial statement schedules: None
  
 
 SUNNYSIDE
ACRES MOBILE ESTATES
 (A
Development Stage Enterprise)
  DECEMBER
31, 2008
 DECEMBER
31, 2007
  
 
 SUNNYSIDE
      ACRES MOBILE ESTATES(A
      Development Stage Enterprise)CONTENTSREPORT
      OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
              F-2FINANCIAL
      STATEMENTSBalance
      Sheets
              F-3Statements
      of Operations
              F-4Statements
      of Stockholders' Deficit
              F-5Statements
      of Cash Flows
              F-6Notes
      to Financial Statements
              F-7  F-1
  
   Kyle L.
Tingle, CPA, LLC
  PERSONAL
FINANCIAL PLANNING,
 BUSINESS
SERVICES & TAX PLANNING
  Report of
Independent Registered Public Accounting Firm
  To the
Board of Directors
 Sunnyside
Acres Mobile Estates:
  We have
audited the accompanying balance sheets of Sunnyside Acres Mobile Estates
(A Development Stage Enterprise) as of December 31, 2008 and 2007 the related
statements of operations, stockholder's deficit, and cash flows for the period
November 2, 1992 (inception) through December 31, 2008. 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
audit.
  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 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 Sunnyside Acres Mobile Estates (A
Development Stage Enterprise) as of December 31, 2008 and 2007 and the results
of its operations and cash flows for period November 2, 1992 (inception) through
December 31, 2008, in conformity with U.S. generally accepted accounting principles.
  The
accompanying financial statements have been prepared assuming that the Company
will continue as a going concern. As discussed in Note 1 to the financial
statements, the Company has limited operations and has no established source of
revenue. This raises substantial doubt about its ability to continue as a
going concern. Management's plan in regard to these matters is also described
in Note 1. The financial statements do not include any adjustments that
might result from the outcome of this uncertainty.
 
 
 /s/
Kyle L. Tingle, CPA, LLC
 Kyle L.
Tingle, CPA, LLC
 
 March 31,
2009
 Las
Vegas, Nevada
 
 3145 E.
Warm Springs Road o Suite 450 o Las Vegas, Nevada 89120
 PHONE:
(702) 405-2200 o FAX: (702) 436-4218
 E-MAIL:
ktingle@kyletinglecpa.com
 
 
 F-2


SUNNYSIDE
      ACRES MOBILE ESTATES(A
      Development Stage Enterprise)BALANCE
      SHEETSDecember
      31,
              
              
              December
      31,2008
              
              
              2007(Restated)ASSETSCURRENT
      ASSETS
              
              $
              0
              
              
              $
              0Total
      current assets
              
              $
              0
              
              
              $
              0Total
      assets
              
              $
              0
              
              
              $
              0LIABILITIES
      AND STOCKHOLDERS' DEFICITCURRENT
      LIABILITIESAccounts
      payable
              
              $
              24,047
              
              
              $
              1,659Officers
      advances
              
              
              0
              
              
              
              0Total
      current liabilities
              
              $
              24,047
              
              
              $
              1,659STOCKHOLDERS’
      DEFICITCommon
      stock: $0.001 par value; authorized
      25,000,000 shares; issued and
      outstanding: 8,000,000
              
              
              8,000
              
              
              
              8,000Additional
      paid-in capital
              
              
              96,857
              
              
              
              51,283Accumulated
      deficit during development stage
              
              
              (128,904
              )
              
              
              (60,942
              )Total
      stockholders’ deficit
              
              $
              (24,047
              )
              
              $
              (1,659
              )Total
      liabilities and stockholders’
      deficit
              
              $
              0
              
              
              $
              0
  See
Accompanying Notes to Financial Statements.
  F-3
  SUNNYSIDE
      ACRES MOBILE ESTATES(A
      Development Stage Enterprise)STATEMENTS
      OF OPERATIONSNov.
      2, 1992Years
      Ended
              
              
              (inception)
      toDecember
      31,
              
              
              December
      31,
              
              
              December
      31,2008
              
              
              2007
              
              
              2008(Restated)Revenues
              
              $
              0
              
              
              $
              0
              
              
              $
              0Cost
      of revenue
              
              
              0
              
              
              
              0
              
              
              
              0Gross
      profit
              
              $
              0
              
              
              $
              0
              
              
              $
              0General,
      selling and administrative
      expenses
              
              
              67,962
              
              
              
              33,941
              
              
              
              128,904Operating
      loss
              
              $
              (67,962
              )
              
              $
              (33,941
              )
              
              $
              (128,904
              )Nonoperating
      income (expense)
              
              
              0
              
              
              
              0
              
              
              
              0Net
      loss
              
              $
              (67,962
              )
              
              $
              (33,941
              )
              
              $
              (128,904
              )Net
      loss per share, basic and
      diluted
              
              $
              (0.00
              )
              
              $
              (0.00
              )Average
      number of shares of
      common stock outstanding
              
              
              8,000,000
              
              
              
              17,827,945
  See
Accompanying Notes to Financial Statements.
  F-4
 
 SUNNYSIDE
      ACRES MOBILE ESTATES(A
      Development Stage Enterprise)STATEMENTS
      OF STOCKHOLDERS’ DEFICITAccumulatedDeficitAdditional
              
              
              DuringCommon
      Stock
              
              
              Paid-In
              
              
              DevelopmentShares
              
              
              Amount
              
              
              Capital
              
              
              Stage
              
              
              Total(Restated)November
      2, 1992, issue common
      stock
              
              
              19,800,000
              
              
              $
              19,800
              
              
              $
              2,200
              
              
              $
              0
              
              
              $
              22,000Net
      loss, December 31, 1992
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              (340
              )
              
              
              (340
              )Balance,
      December 31, 1992
              
              
              19,800,000
              
              
              $
              19,800
              
              
              $
              2,200
              
              
              $
              (340
              )
              
              $
              21,660Net
      loss, December 31, 1993
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              (85
              )
              
              
              (85
              )Balance,
      December 31, 1993
              
              
              19,800,000
              
              
              $
              19,800
              
              
              $
              2,200
              
              
              $
              (425
              )
              
              $
              21,575Net
      loss, December 31, 1994
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              (85
              )
              
              
              (85
              )Balance,
      December 31, 1994
              
              
              19,800,000
              
              
              $
              19,800
              
              
              $
              2,200
              
              
              $
              (510
              )
              
              $
              21,490Net
      loss, December 31, 1995
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              (85
              )
              
              
              (85
              )Balance,
      December 31, 1995
              
              
              19,800,000
              
              
              $
              19,800
              
              
              $
              2,200
              
              
              $
              (595
              )
              
              $
              21,405Net
      loss, December 31, 1996
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              (85
              )
              
              
              (85
              )Balance,
      December 31, 1996
              
              
              19,800,000
              
              
              $
              19,800
              
              
              $
              2,200
              
              
              $
              (680
              )
              
              $
              21,320Net
      loss, December 31, 1997
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              (85
              )
              
              
              (85
              )Balance,
      December 31, 1997
              
              
              19,800,000
              
              
              $
              19,800
              
              
              $
              2,200
              
              
              $
              (765
              )
              
              $
              21235Net
      loss, December 31, 1998
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              (225
              )
              
              
              (225
              )Balance,
      December 31, 1998
              
              
              19,800,000
              
              
              $
              19,800
              
              
              $
              2,200
              
              
              $
              (990
              )
              
              $
              21,010Net
      loss, December 31, 1999
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              (85
              )
              
              
              (85
              )Balance,
      December 31, 1999
              
              
              19,800,000
              
              
              $
              19,800
              
              
              $
              2,200
              
              
              $
              (1,075
              )
              
              $
              20,925
              )Net
      loss, December 31, 2000
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              (20,925
              )
              
              
              (20,925
              )July
      3, 2000, changed from no par
      value to $0.001July
      3, 2000, forward stock 1000:1Balance,
      December 31, 2000
              
              
              19,800,000
              
              
              $
              19,800
              
              
              $
              2,200
              
              
              $
              (22,000
              )
              
              $
              0Net
      loss, December 31, 2001
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              (85
              )
              
              
              (85
              )Balance,
      December 31, 2001
              
              
              19,800,000
              
              
              $
              19,800
              
              
              $
              2,200
              
              
              $
              (22,085
              )
              
              $
              (85
              )Net
      loss, December 31, 2002
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              (85
              )
              
              
              (85
              )Balance,
      December 31, 2002
              
              
              19,800,000
              
              
              $
              19,800
              
              
              $
              2,200
              
              
              $
              (22,170
              )
              
              $
              (170
              )Net
      loss, December 31, 2003
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              (85
              )
              
              
              (85
              )Balance,
      December 31, 2003
              
              
              19,800,000
              
              
              $
              19,800
              
              
              $
              2,200
              
              
              $
              (22,225
              )
              
              $
              (225
              )Net
      loss, December 31, 2004
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              (545
              )
              
              
              (545
              )Balance,
      December 31, 2004
              
              
              19,800,000
              
              
              $
              19,800
              
              
              $
              2,200
              
              
              $
              (22,800
              )
              
              $
              (800
              )Net
      loss, December 31, 2005
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              (200
              )
              
              
              (200
              )Balance,
      December 31, 2005
              
              
              19,800,000
              
              
              $
              19,800
              
              
              $
              2,200
              
              
              $
              (23,000
              )
              
              $
              (1,000
              )Net
      loss, December 31, 2006
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              (4,001
              )
              
              
              (4,001
              )Balance,
      December 31, 2006
              
              
              19,800,000
              
              
              $
              19,800
              
              
              $
              2,200
              
              
              $
              (27,001
              )
              
              $
              (5,001
              )October
      10, 2007, forward stock
      split 8:1
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              0
              
              
              
              0October
      31, 2007, cancellation of
      shares
              
              
              (11,800,000
              )
              
              
              (11,800
              )
              
              
              11,800
              
              
              
              0
              
              
              
              0Forgiveness
      of officer loans
              
              
              0
              
              
              
              0
              
              
              
              12,283
              
              
              
              0
              
              
              
              12,283Expenses
      paid by shareholder
              
              
              0
              
              
              
              0
              
              
              
              25,000
              
              
              
              0
              
              
              
              25,000Net
      loss, December 31, 2007
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              (33,941
              )
              
              
              (33,941
              )Balance,
      December 31, 2007
              
              
              8,000,000
              
              
              $
              8,000
              
              
              $
              51,283
              
              
              $
              (60,942
              )
              
              $
              (1,659
              )Expenses
      paid by shareholder
              
              
              0
              
              
              
              0
              
              
              
              45,574
              
              
              
              0
              
              
              
              45,574Net
      loss, December 31, 2008
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              (67,962
              )
              
              
              (67,962
              )Balance,
      December 31, 2008
              
              
              8,000,000
              
              
              $
              8,000
              
              
              $
              96,857
              
              
              $
              (128,904
              )
              
              $
              (24,047
              )
  See
Accompanying Notes to Financial Statements.
  F-5
  SUNNYSIDE
      ACRES MOBILE ESTATES(A
      Development Stage Enterprise)STATEMENTS
      OF CASH FLOWSYears
      Ended
              
              
              (inception)
      toDecember
      31,
              
              
              December
      31,
              
              
              December
      31,2008
              
              
              2007
              
              
              2008(Restated)Cash
      Flows From Operating
      ActivitiesNet
      loss
              
              $
              (67,962
              )
              
              $
              (33,941
              )
              
              $
              (128,904
              )Adjustments
      to reconcile net loss to
      cash used in operating activities:Changes
      in assets and liabilitiesDecrease
      (increase) in prepaid expense
              
              
              0
              
              
              
              25
              
              
              
              0Increase
      (decrease) in accounts payable
              
              
              22,388
              
              
              
              1,659
              
              
              
              24,047Net
      cash used in operating
      activities
              
              $
              (45,574
              )
              
              $
              (32,257
              )
              
              $
              (104,857
              )Cash
      Flows From Investing
      Activities
              
              $
              0
              
              
              $
              0
              
              
              $
              0Cash
      Flows From Financing
      ActivitiesIssuance
      of common stock
              
              $
              0
              
              
              $
              0
              
              
              $
              22,000Increase
      in officer advances
              
              
              0
              
              
              
              7,257
              
              
              
              12,283Contributed
      capital
              
              
              45,574
              
              
              
              25,000
              
              
              
              70,574Net
      cash provided by financing
      activities
              
              $
              45,574
              
              
              $
              32,257
              
              
              $
              104,857Net
      increase (decrease) in
      cash
              
              $
              0
              
              
              $
              0
              
              
              $
              0Cash,
      beginning of period
              
              
              0
              
              
              
              0
              
              
              $
              0Cash,
      end of period
              
              $
              0
              
              
              $
              0
              
              
              $
              0Supplemental
      Information and Non-monetary Transactions:Interest
      paid
              
              $
              0
              
              
              $
              0
              
              
              $
              0Taxes
      paid
              
              $
              0
              
              
              $
              0
              
              
              $
              0Officer
      advances contributed to capital
              
              $
              0
              
              
              $
              12,283
              
              
              $
              12,283
  See
Accompanying Notes to Financial Statements.
  F-6
  SUNNYSIDE
ACRES MOBILE ESTATES (A Development Stage Enterprise)
 NOTES TO
FINANCIAL STATEMENTS
  Note
1. Nature of Business and Significant Accounting Policies
  Nature of
business:
  Sunnyside
Acres Mobile Estates (“Company”) was organized November 2, 1992 under the laws
of the State of Nevada. The Company currently has no operations and, in
accordance with Statement of Financial Accounting Standard (SFAS) No. 7, “Accounting and Reporting by
Development Stage Enterprises,” is considered a Development Stage
Enterprise.
  On
November 1, 2007, after the cancellation of shares described in Note 2, the
controlling shareholders sold their remaining 15.63% of common shares in a
private transaction, resulting in a change of control of the Company to Max Time
Enterprise Limited.
  A summary of the Company’s
significant accounting policies is as follows:
  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 of the financial statements and
the reported amounts of revenues and expenses during the reporting period.
Actual results could differ from those estimates.
  Cash
  For the
Statements of Cash Flows, all highly liquid investments with maturity of three
months or less are considered to be cash equivalents. There were no cash
equivalents as of December 31, 2008 and 2007.
  Income
taxes
  Income
taxes are provided based upon the liability method of accounting pursuant to
Statement of Financial Accounting Standards No. 109 “Accounting for Income Taxes.”Under this approach, deferred income taxes are recorded to reflect the
tax consequences in future years of differences between the tax basis of assets
and liabilities and their financial reporting amounts at each year-end. A
valuation allowance is recorded against deferred tax assets if management does
not believe the Company has met the “more likely than not” standard imposed by
SFAS No. 109 to allow recognition of such an asset. See Note 5.
  F-7
  SUNNYSIDE
ACRES MOBILE ESTATES (A Development Stage Enterprise)
 NOTES TO
FINANCIAL STATEMENTS
  Note
1. Nature of Business and Significant Accounting Policies
(continued)
  Effective
November 1, 2007, the Company adopted the Financial Accounting Standards Board
(“FASB”) Interpretation No. 48, Accounting for Uncertainty in Income
Taxes—an interpretation of FASB Statement No. 109(“FIN 48”). FIN 48
clarifies the accounting for uncertainty in income taxes recognized in an
enterprise’s financial statements in accordance with FASB Statement No. 109,
Accounting for Income
Taxes. FIN 48 prescribes a recognition threshold and measurement
attribute for the financial statement recognition and measurement of a tax
position taken or expected to be taken in a tax return. Additionally, FIN 48
provides guidance on derecognition, classification, interest and penalties,
accounting in interim periods, disclosure, and transition. The adoption of FIN
48 did not have a material impact on the Company’s financial position, results
of operation or liquidity. The current Company policy classifies any interest
recognized on an underpayment of income taxes as interest expense and classifies
any statutory penalties recognized on a tax position taken as selling, general
and administrative expense.
  Share Based
Expenses
  In
December 2004, the Financial Accounting Standards Board ("FASB") issued SFAS No.
123R "Share Based
Payment." This statement is a revision to SFAS 123 and supersedes
Accounting Principles Board (APB) Opinion No. 25, "Accounting for Stock Issued
to Employees," and amends FASB Statement No. 95, "Statement of Cash Flows." This
statement requires a public entity to expense the cost of employee services
received in exchange for an award of equity instruments. This statement also
provides guidance on valuing and expensing these awards, as well as disclosure
requirements of these equity arrangements. The Company adopted SFAS No. 123R
upon creation of the company and expenses share based costs in the period
incurred.
  Going
concern
  The
Company's financial statements are prepared in accordance with generally
accepted accounting principles applicable to a going concern. This contemplates
the realization of assets and the liquidation of liabilities in the normal
course of business. Currently, the Company does not have cash, or material
assets, nor does it have operations or a source of revenue sufficient to cover
its operation costs and allow it to continue as a going concern. The Company
will be dependent upon the raising of additional capital through placement of
our common stock in order to implement its business plan, or merge with an
operating company. There can be no assurance that the Company will be successful
in either situation in order to continue as a going concern. The officers and
directors have committed to advancing certain operating costs of the
Company.
  F-8
  SUNNYSIDE
ACRES MOBILE ESTATES (A Development Stage Enterprise)
 NOTES TO
FINANCIAL STATEMENTS
  Note 1. Nature of Business and
Significant Accounting Policies (continued)
  Recent
Accounting Pronouncements
  In
December 2007, the FASB issued SFAS 141(R), "Business Combinations—a replacement
of FASB Statement No. 141."This Statement replaces SFAS 141, "Business Combinations,"and requires
an acquirer to recognize the assets acquired, the liabilities assumed, including
those arising from contractual contingencies, any contingent consideration, and
any noncontrolling interest in the acquiree at the acquisition date, measured at
their fair values as of that date, with limited exceptions specified in the
statement. SFAS 141(R) also requires the acquirer in a business
combination achieved in stages (sometimes referred to as a step acquisition) to
recognize the identifiable assets and liabilities, as well as the noncontrolling
interest in the acquiree, at the full amounts of their fair values (or other
amounts determined in accordance with SFAS 141(R)). In addition, SFAS 141(R)'s
requirement to measure the noncontrolling interest in the acquiree at fair value
will result in recognizing the goodwill attributable to the noncontrolling
interest in addition to that attributable to the acquirer. SFAS 141(R) amends
SFAS No. 109, "Accounting for Income Taxes," to require the acquirer to
recognize changes in the amount of its deferred tax benefits that are
recognizable because of a business combination either in income from continuing
operations in the period of the combination or directly in contributed capital,
depending on the circumstances. It also amends SFAS 142, "Goodwill and Other
Intangible Assets," to, among other things, provide guidance on the impairment
testing of acquired research and development intangible assets and assets that
the acquirer intends not to use. SFAS 141(R) applies prospectively to business
combinations for which the acquisition date is on or after the beginning of the
first annual reporting period beginning on or after December 15, 2008. We are
currently assessing the potential impact that the adoption of SFAS 141(R) could
have on our financial statements.
  In
December 2007, the FASB issued SFAS 160, "Noncontrolling Interests in
Consolidated Financial Statements."SFAS 160 amends Accounting Research
Bulletin 51, "Consolidated
Financial Statements,"to establish accounting and reporting standards
for the noncontrolling interest in a subsidiary and for the deconsolidation of a
subsidiary. It also clarifies that a noncontrolling interest in a subsidiary is
an ownership interest in the consolidated entity that should be reported as
equity in the consolidated financial statements. SFAS 160 also changes the way
the consolidated income statement is presented by requiring consolidated net
income to be reported at amounts that include the amounts attributable to both
the parent and the noncontrolling interest. It also requires disclosure, on the
face of the consolidated statement of income, of the amounts of consolidated net
income attributable to the parent and to the noncontrolling interest. SFAS 160
requires that a parent recognize a gain or loss in net income when a subsidiary
is deconsolidated and requires expanded disclosures in the consolidated
financial statements that clearly identify and distinguish between the interests
of the parent owners and the interests of the noncontrolling owners of a
subsidiary. SFAS 160 is effective for fiscal periods, and interim periods within
those fiscal years, beginning on or after December 15, 2008. We are currently
assessing the potential impact that the adoption of SFAS 141(R) could have on
our financial statements.
  In March
2008, the FASB issued SFAS No. 161, "Disclosures about Derivative
Instruments and Hedging Activities", an amendment of SFAS No. 133. SFAS
161 applies to all derivative instruments and nonderivative instruments that are
designated and qualify as hedging instruments pursuant to paragraphs 37 and 42
of SFAS 133 and related hedged items accounted for under SFAS 133. SFAS 161
requires entities to provide greater transparency through additional disclosures
about how and why an entity uses derivative instruments, how derivative
instruments and related hedged items are accounted for under SFAS 133 and its
related interpretations, and how
derivative instruments and related hedged items affect an entity's financial
position, results of operations, and cash flows. SFAS 161 is effective as of the
beginning of an entity's first fiscal year that begins after November 15, 2008.
We do not expect that the adoption of SFAS 161 will have a material impact on
our financial condition or results of operation.
  F-9
  SUNNYSIDE
ACRES MOBILE ESTATES (A Development Stage Enterprise)
 NOTES TO
FINANCIAL STATEMENTS
  Note
1. Nature of Business and Significant Accounting Policies
(continued)
  In May,
2008, the Financial Accounting Standards Board issued Statement of Financial
Accounting Standards No. 162, “The Heirarchy of Generally Accepted
Accounting Principles” (SFAS No.
162). This Statement identifies the sources of accounting principles and the
framework for selecting the principles to be used in the preparation of
financial statements of nongovernmental entities that are presented in
conformity with generally accepted accounting principles (GAAP) in the United
States (the GAAP hierarchy). The sources of accounting principles1 that are
generally accepted are categorized in descending order of authority as
follows:
  a. FASB
Statements of Financial Accounting Standards and Interpretations, FASB Statement
133 Implementation Issues, FASB Staff Positions, and American Institute of
Certified Public Accountants (AICPA) Accounting Research Bulletins and
Accounting Principles Board Opinions that are not superseded by actions of the
FASB
  b. FASB
Technical Bulletins and, if cleared2 by the FASB, AICPA Industry Audit and
Accounting Guides and Statements of Position
  c. AICPA
Accounting Standards Executive Committee Practice Bulletins that have been
cleared by the FASB, consensus positions of the FASB Emerging Issues Task Force
(EITF), and the Topics discussed in Appendix D of EITF Abstracts(EITF
D-Topics)
  d.
Implementation guides (Q&As) published by the FASB staff, AICPA Accounting
Interpretations, AICPA Industry Audit and Accounting Guides and Statements of
Position not cleared by the FASB, and practices that are widely recognized and
prevalent either generally or in the industry.
  The
adoption of this statement will have no material effect on the Company’s
financial condition or results of operations.
  Restatement
  The
Company restated the financial statements for $1,659 of accounts payable not
properly recorded on the books as of December 31, 2007. The error was found in
the fourth quarter of 2008.
  Note
2. Stockholders’ Equity
  Common
stock
  The
authorized common stock of the Company consists of 25,000,000 shares with par
value of $0.001. On November 2, 1992 the Company authorized and issued 22,000
shares of its no par value common stock in consideration of $22,000 in
cash.
  On July
3, 2000, the State of Nevada approved the Company’s restated Articles of
Incorporation, which increased its capitalization from 2,500 common shares to
25,000,000 common shares. The no par value was changed to $0.001 per
share.
  F-10
  SUNNYSIDE
ACRES MOBILE ESTATES (A Development Stage Enterprise)
 NOTES TO
FINANCIAL STATEMENTS
  Note
2. Stockholders’ Equity (continued)
  On June
29, 2000, the Company’s shareholders approved a forward split of its common
stock at one thousand shares for one share of the existing shares. The number of
common stock shares outstanding increased from 22,000 to 2,200,000. Prior period
information has been restated to reflect the stock split.
  On
October 10, 2007, the Company’s shareholders approved a forward split of its
common stock at eight shares for one share of the existing shares. The number of
common stock shares outstanding increased from 2,200,000 to 19,800,000. Prior
period information has been restated to reflect the stock split.
  On
October 31, 2007, the Company’s former officers and directors agreed to cancel
and return to the Company 11,800,000 shares of the Company’s common
stock.
  The
Company has not authorized any preferred stock.
  Net loss per common
share
  Net loss
per share is calculated in accordance with SFAS No. 128, “Earnings Per Share.” The
weighted-average number of common shares outstanding during each period is used
to compute basic loss per share. Diluted loss per share is computed using the
weighted averaged number of shares and dilutive potential common shares
outstanding. Dilutive potential common shares are additional common shares
assumed to be exercised.
  Basic net
loss per common share is based on the weighted average number of shares of
common stock outstanding of 8,000,000, and 17,827,945 for the years ended
December 31, 2008 and 2007, respectively. As of December 31, 2008 and 2007, the
Company had no dilutive potential common shares.
  Note
3. Income Taxes
  We did
not provide any current or deferred U.S. federal income tax provision or benefit
for any of the periods presented because we have experienced operating losses
since inception. Per Statement of Accounting Standard No. 109 – Accounting for
Income Tax and FASB Interpretation No. 48 - Accounting for Uncertainty in Income
Taxes an interpretation of FASB Statement No.109, when it is more likely than
not that a tax asset cannot be realized through future income the Company must
allow for this future tax benefit. We provided a full valuation allowance on the
net deferred tax asset, consisting of net operating loss carry-forwards, because
management has determined that it is more likely than not that we will not earn
income sufficient to realize the deferred tax assets during the carry-forward
period.
  The
Company has not taken a tax position that, if challenged, would have a material
effect on the financial statements for the twelve-months ended December 31,
2008, or during the prior three years
applicable under FIN 48. As a result of the adoption of FIN 48, we did not
recognize any adjustment to the liability for uncertain tax position and
therefore did not record any adjustment to the beginning balance of accumulated
deficit on the consolidated balance sheet. All tax returns have been
appropriately filed by the Company.
  F-11
 
 SUNNYSIDE
ACRES MOBILE ESTATES
 (A
Development Stage Enterprise)
 NOTES TO
FINANCIAL STATEMENTS
  Note
3. Income Taxes (continued)
  The
components of the Company’s deferred tax asset as of December 31, 2008 and 2007
are as follows:
  2008
              
              
              2007Net
      operating loss carryforward
              
              $
              45,116
              
              
              $
              21,329Valuation
      allowance
              
              
              (45,116
              )
              
              
              (21,329
              )Net
      deferred tax asset
              
              $
              0
              
              
              $
              0
  A
reconciliation of income taxes computed at the statutory rate to the income tax
amount recorded is as follows:
  2008
              
              
              2007
              
              
              Since
      Inception(Restated)Tax
      at statutory rate (35%)
              
              $
              23,787
              
              
              $
              11,879
              
              
              $
              45,116Increase
      in valuation allowance
              
              
              (23,787
              )
              
              
              (11,879
              )
              
              
              (45,116
              )Net
      deferred tax asset
              
              $
              0
              
              
              $
              0
              
              
              $
              0
  The net
federal operating loss carry forward will expire between 2018 and 2028. This
carry forward may be limited upon the consummation of a business combination
under IRC Section 381.
  Note
4. Related Party Transactions
  The
Company neither owns nor leases any real or personal property. The officer or
resident agent of the corporation provides office services without charge. Such
costs are immaterial to the financial statements and accordingly, have not been
reflected therein. The officer and director for the Company is involved in other
business activities and may, in the future, become involved in other business
opportunities. If a specific business opportunity becomes available, such person
may face a conflict in selecting between the Company and their other business
interest. The Company has not formulated a policy for the resolution of such
conflicts.
  Note
5. Warrants and Options
  There are
no warrants or options outstanding to acquire any additional shares of common
stock of the Company.
  F-12
 
 SUNNYSIDE
ACRES MOBILE ESTATES
 (A
Development Stage Enterprise)
 NOTES TO
FINANCIAL STATEMENTS
  Note
6. Officers Advances
  The
Company has incurred costs while seeking additional capital through a merger
with an existing company. A former officer of the Company advanced funds on
behalf of the Company to pay for these costs. These funds have been advanced
interest free. As of December 31, 2008 and 2007, the company owed the former
officer $0. As part of the agreement to sell shares to new majority owners, the
former officer forgave the advanced funds through December 31, 2007 in the
amount of $12,283. The Company treated the $12,283 as additional paid-in capital
for the Company during the year ended December 31, 2007.
  The new
officer of the Company has advanced funds totaling $45,574 and $25,000 during
2008 and 2007, respectively, for expenses of the Company. The officer does not
request reimbursement of these advances and the Company treated the $70,574 as
additional paid-in capital.
  F-13
 
 SIGNATURES
  In
accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused
this amendment to this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
  Date:
      January 20, 2010
              Sunnyside
      Acres Mobile Estates.By:
              /s/
      Hui Ping ChengHui
      Ping ChengPresident,
      Chief Executive Officer and Chief
      Financial Officer(Principal
      Executive and Financial Officer)