UNITED
STATES
 SECURITIES
AND EXCHANGE COMMISSION
 Washington,
D.C. 20549
 
 ———————
 FORM
10-Q
 ———————
 
 X
              QUARTERLY REPORT
      PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
      OF 1934For
      the quarterly period ended: March 31, 2010orTRANSITION REPORT
      PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
      OF 1934For
      the transition period from: _____________ to
  _____________
 
 ———————
 Data
Storage Consulting, Inc.
 (Exact
name of registrant as specified in its charter)
 ———————
 
 Colorado
              
              000-53126
              
              20-8096131(State
      or Other Jurisdiction
              
              (Commission
              
              (I.R.S.
      Employerof
      Incorporation)
              
              File
      Number)
              
              Identification
      No.)
  360 Main StreetWashington,VA22747
 (Address
of Principal Executive Office) (Zip Code)
  540-675-3149
 (Registrant’s
telephone number, including area code)
 
 13990
Braun Road , Golden, CO 80401
 (Former
name, former address and former fiscal year, if changed since last
report)
 ———————
 
 Indicate
by check mark whether the registrant (1) has filed all documents and reports
required to be filed by Sections 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
filings for the past 90 days.  YES x NO o
 
 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 preceding 12 months (or for such shorter period that the
registrant was required to submit and post such
files).   YES o  NO o   N/A
 
 Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer or a smaller reporting
company.
  Large
      accelerated filer ̈
              Accelerated
      filer
                 ̈
              Non-accelerated
      filer ̈
              Smaller
      reporting companyx
 
 Indicate
by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Exchange Act).  Yes x  No o
 
 APPLICABLE
ONLY TO CORPORATE ISSUERS:
 
 As of May
10, 2010, the number of the Company's shares of par value, $0.001, common stock
outstanding was 8,929,000.
 
 
  DATA
STORAGE CONSULTING SERVICES, INC.
 INDEX
 
 PagePART
      I – FINANCIAL INFORMATIONITEM
      1.
                  Financial
      Statements.
                  3Balance
      Sheets–March
      31, 2010and
      December 31, 2009.
                  3Statements
      of Operations for the Three Months Ended March
      31, 2010 and March 31, 2009,
      and from inception throughMarch
      31, 2010.
                  4Statements
      of Cash Flows for the Three Months Ended March
      31, 2010 and March 31, 2009,
      and from inception throughMarch
      31, 2010.
                  5Notes
      to the Consolidated Financial Statements.
                  6ITEM
      2.
                  Management’s
      Discussion and Analysis of Financial Condition and Results of
      Operations.
                  8ITEM
      3.
                  Quantitative
      and Qualitative Disclosures about Market
    Risk.
                  11ITEM
      4T.
                  Controls
      and Procedures.
                  11PART
      II – OTHER INFORMATIONITEM
      1.
                  Legal
      Proceedings.
                  12ITEM
      1A.
                  Risk
      factors.
                  12ITEM
      2.
                  Unregistered
      Sales of Equity Securities and Use of
    Proceeds.
                  12ITEM
      3.
                  Defaults
      Upon Senior Securities.
                  12ITEM
      4.
                  Other
      Information.
                  12ITEM
      5.
                  Exhibits.
                  13Signatures.
                  14
  2
 
 DATA
STORAGE CONSULTING SERVICES, INC.
 (A
Development Stage Company)
 BALANCE
SHEETS
  
  Mar.
      31, 2010
                  
                  
                  Dec.
      31, 2009(unaudited)ASSETSTotal
      Assets
                  
                  $
                  -
                  
                  
                  $
                  -LIABILITIES& STOCKHOLDERS'
      EQUITYCurrent
      liabilitiesAccounts
      payable
                  
                  $
                  25
                  
                  
                  $
                  1,500Related
      party payables
                  
                  
                  -
                  
                  
                  
                  -Total current
      liabilities
                  
                  
                  25
                  
                  
                  
                  1,500Total
      Liabilities
                  
                  $
                  25
                  
                  
                  $
                  1,500Stockholders'
      EquityPreferred
      stock, $.10 par value;1,000,000
      shares authorized;none
      issued and outstanding
                  
                  
                  -
                  
                  
                  
                  -Common
      stock, $.001 par value;50,000,000
      shares authorized;8,929,000
      shares issued and outstanding;
                  
                  
                  8,929
                  
                  
                  
                  8,929Additional
      paid in capital
                  
                  
                  78,424
                  
                  
                  
                  76,924Deficit
      accumulated during the development stage
                  
                  
                  (87,378
                  )
                  
                  
                  (87,353
                  )Total
      Stockholders' Equity
                  
                  
                  (25
                  )
                  
                  
                  (1,500
                  )Total
      Liabilities and Stockholders' Equity
                  
                  $
                  -
                  
                  
                  $
                  -
   The
accompanying notes are an integral part of the financial
statements.
  3
 
 DATA
STORAGE CONSULTING SERVICES, INC.
 (A
Development Stage Company)
 STATEMENTS
OF OPERATIONS
 (Unaudited)
 
 Dec.
      12, 2006(Inception
      ofDev.
      Stage)Three
      Months Ended
                  
                  
                  Three
      Months Ended
                  
                  
                  ThroughMar.
      31, 2010
                  
                  
                  Mar.
      31, 2009
                  
                  
                  Mar.
      31, 2010Revenue
                  
                  $
                  -
                  
                  
                  $
                  -
                  
                  
                  $
                  -Operating
      expenses:General
      and administrative
                  
                  
                  25
                  
                  
                  
                  1,590
                  
                  
                  
                  87,40025
                  
                  
                  
                  1,590
                  
                  
                  
                  87,400Income
      (loss) from operations
                  
                  
                  (25
                  )
                  
                  
                  (1,590
                  )
                  
                  
                  (87,400
                  )Other
      income (expense):Interest
      income
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  22-
                  
                  
                  
                  -
                  
                  
                  
                  22Income
      (loss) before provision for income taxes
                  
                  
                  (25
                  )
                  
                  
                  (1,590
                  )
                  
                  
                  (87,378
                  )Provision
      for income tax
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -Net
      income (loss)
                  
                  $
                  (25
                  )
                  
                  $
                  (1,590
                  )
                  
                  $
                  (87,378
                  )Net
      income (loss) per share(Basic
      and fully diluted)
                  
                  $
                  (0.00
                  )
                  
                  $
                  (0.00
                  )Weighted
      average number of common shares outstanding
                  
                  
                  8,929,000
                  
                  
                  
                  8,929,000
 
 
 The
accompanying notes are an integral part of the financial
statements.
  4
  DATA
STORAGE CONSULTING SERVICES, INC.
 (A
Development Stage Company)
 STATEMENTS
OF CASH FLOWS
 (Unaudited)
 
 Dec.
      12, 2006(Inception
      ofDev.
      Stage)Three
      Months Ended
                  
                  
                  Three
      Months Ended
                  
                  
                  ThroughMar.
      31, 2010
                  
                  
                  Mar.
      31, 2009
                  
                  
                  Mar.
      31, 2010Cash
      Flows From Operating Activities:Net
      income (loss)
                  
                  $
                  (25
                  )
                  
                  $
                  (1,590
                  )
                  
                  $
                  (87,378
                  )Adjustments
      to reconcile net loss to net     cash provided by
      (used for) operating activities:Accrued
      payables
                  
                  
                  (1475
                  )
                  
                  
                  1,575
                  
                  
                  
                  12,563Compensatory
      stock issuances
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  8,450Net cash provided by (used for)
      operating activities
                  
                  
                  (1500
                  )
                  
                  
                  (15
                  )
                  
                  
                  (66,365
                  )Cash
      Flows From Investing Activities:Deferred
      offering costs
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  (44,535
                  )Net
      cash provided by (used for) investing activities
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  (44,535
                  )Cash
      Flows From Financing Activities:Sales
      of common stock
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  108,500Paid
      in capital
                  
                  
                  1,500
                  
                  
                  
                  -
                  
                  
                  
                  900Net cash provided by (used for)
      financing activities
                  
                  
                  1,500
                  
                  
                  
                  -
                  
                  
                  
                  109,400Net
      Increase (Decrease) In Cash
                  
                  
                  -
                  
                  
                  
                  (15
                  )
                  
                  
                  -Cash
      At The Beginning Of The Period
                  
                  
                  -
                  
                  
                  
                  15
                  
                  
                  
                  -Cash
      At The End Of The Period
                  
                  $
                  -
                  
                  
                  $
                  -
                  
                  
                  $
                  -
 
 
 Schedule Of Non-Cash Investing And Financing
      ActivitiesIn
      2009 a former officer contributed $12,538 owed to him to the capital of
      the Company.Supplemental DisclosureCash
      paid for interest
                        
                        $
                        -
                        
                        
                        $
                        -
                        
                        
                        $
                        -Cash
      paid for income taxes
                        
                        $
                        -
                        
                        
                        $
                        -
                        
                        
                        $
                        -
 
  The
accompanying notes are an integral part of the financial
statements.
  5
  DATA
STORAGE CONSULTING SERVICES, INC.
 (A
Development Stage Company)
 NOTES
TO FINANCIAL STATEMENTS
 March
31, 2010
 (Unaudited)
 
 
 NOTE
1. ORGANIZATION, OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES:
 
 Data
Storage Consulting Services, Inc. (the “Company”), was incorporated in the State
of Colorado on December 12, 2006. The Company was formed to provide data
management, consulting and storage services to clients.
 
 Development Stage
Company
 
 The
Company is currently in the development stage, and has commenced operations but
has not yet generated significant revenues.
 
 Basis of
Presentation
 
 The
accompanying unaudited financial statements have been prepared in accordance
with the instructions to Form 10-Q and do not include all of the information and
disclosures required by generally accepted accounting principles for complete
financial statements. All adjustments which are, in the opinion of management,
necessary for a fair presentation of the results of operations for the interim
periods have been made and are of a recurring nature unless otherwise disclosed
herein. The results of operations for such interim periods are not necessarily
indicative of operations for a full year.
 
 Cash and cash
equivalents
 
 The
Company considers all highly liquid investments with an original maturity of
three months or less as cash equivalents.
 
 Accounts
receivable
 
 The
Company reviews accounts receivable periodically for collectability and
establishes an allowance for doubtful accounts and records bad debt expense when
deemed necessary.
 
 Property and
equipment
 
 Property
and equipment are recorded at cost and depreciated under accelerated methods
over each item's estimated useful life, which is five years for vehicles,
computers and other items.
 
 Revenue
recognition
 Revenue
is recognized on an accrual basis after services have been performed under
contract terms, the event price to the client is fixed or determinable, and
collectability is reasonably assured. Standard contract policy calls for partial
payment up front with balance due upon receipt of final billing.
 
 Use of
Estimates
 
 The
preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect 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.
 
 6
 Income
tax
 
 The
Company accounts for income taxes pursuant to ASC 740. Under ASC 740 deferred
taxes are provided on a liability method whereby deferred tax assets are
recognized for deductible temporary differences and operating loss carry
forwards and deferred tax liabilities are recognized for taxable temporary
differences. Temporary differences are the differences between the reported
amounts of assets and liabilities and their tax bases. Deferred tax assets are
reduced by a valuation allowance when, in the opinion of management, it is more
likely than not that some portion or all of the deferred tax assets will not be
realized. Deferred tax assets and liabilities are adjusted for the effects of
changes in tax laws and rates on the date of enactment.
 
 Net income (loss) per
share
 
 The net
income (loss) per share is computed by dividing the net income (loss) by the
weighted average number of shares of common outstanding. Warrants, stock
options, and common stock issuable upon the conversion of the Company's
preferred stock (if any), are not included in the computation if the effect
would be anti-dilutive and would increase the earnings or decrease loss per
share.
 
 Financial
Instruments
 
 The
carrying value of the Company’s financial instruments, including cash and cash
equivalents and accrued payables, as reported in the accompanying balance sheet,
approximates fair value.
 
 Fiscal
year
 
 The
Company employs a fiscal year ending December 31.
 
 NOTE
2. INCOME TAXES
 
 Deferred
income taxes arise from the temporary differences between financial statement
and income tax recognition of net operating losses. These loss carryovers are
limited under the Internal Revenue Code should a significant
change in ownership occur. The Company accounts for income taxes pursuant to ASC
740.
 
 At
December 31, 2008 and 2009 the Company had approximately $75,000 and $87,000 in
unused federal net operating loss carry forwards, which begin to expire
principally in the year 2026. A deferred tax asset of approximately $15,000 and
$17,000 resulting from the loss carry forward has been offset by a 100%
valuation allowance. The change in the valuation allowance in 2008 and 2009 was
approximately $13,300 and $2,000.
 
 NOTE
3. GOING CONCERN
 
 The
Company has suffered losses from operations that raise substantial doubt about
the Company’s ability to continue as a going concern. The Company may raise
additional capital through the sale of its equity securities, through offerings
of debt securities, or through borrowings from financial institutions.
Management believes that actions presently being taken to obtain additional
funding provide the opportunity for the Company to continue as a going
concern.
 
 NOTE
4: SUBSEQUENT EVENTS
 
 On April
19, 2010, the Company entered into a Common Stock Purchase Agreement (the
“Purchase Agreement”) whereby Sunrise Capital International, Inc. purchased
4,553,790 common stock shares, or approximately 51.00%, of the issued and
outstanding common stock of the Company, from Belmont Partners,
LLC.
 
 On April
19, 2010, Joseph Meuse, the Company’s former President and sole director,
resigned his former position as President and Secretary.  On the same
date, Sheng Zhou was named President, Secretary and Director of the
Company.  Sheng Zhou is the Executive Director of Sunrise Capital
International, Inc.  Such resignation and appointments were effective
as of the April 19, 2010 with respect to the officers of the
Company.  The resignation of the former director Joseph Meuse and the
appointment of Sheng Zhou as the new director became effective on the tenth day
following the mailing by the Company of an information statement that complies
with the requirements of Section 14f-1 of the Securities Exchange Act of
1934.
  7
  ITEM
2 - MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATION
 
 The
following should be read in conjunction with the consolidated financial
statements of the Company included elsewhere herein.
  FORWARD-LOOKING
STATEMENTS
 
 When used
in this report, the words “may,” “will,” “expect,” “anticipate,” “continue,”
“estimate,” “intend,” “plans”, and similar expressions are intended to identify
forward-looking statements regarding events, conditions and financial trends
which may affect our future plans of operations, business strategy, operating
results and financial position.  Forward looking statements in this
report include without limitation statements relating to trends affecting our
financial condition or results of operations, our business and growth strategies
and our financing plans.
  Such
statements are not guarantees of future performance and are subject to risks and
uncertainties and actual results may differ materially from those included
within the forward-looking statements as a result of various
factors.  Such factors include, among other things, general economic
conditions; cyclical factors affecting our industry; lack of growth in our
industry; our ability to comply with government regulations; a failure to manage
our business effectively; our ability to sell products at profitable yet
competitive prices; and other risks and factors set forth from time to time in
our filings with the Securities and Exchange Commission, including our
registration statement on Form SB-2, as amended. .
  Readers
are cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date made. We undertake no obligation to publicly
release the result of any revision of these forward-looking statements to
reflect events or circumstances after the date they are made or to reflect the
occurrence of unanticipated events.
 
 Overview and Recent
History
 
 Data
Storage Consulting Services, Inc. sells data storage protection and consulting
services to small and medium businesses. We market and sell our products and
services directly to business end users. We have a limited history of
operations. Prior to September 2009, our operations were limited to the State of
Colorado; however, following the relocation of our corporate headquarters in
September 2009, our plan of operation has been to actively pursue companies with
assets and developing businesses with which to merge or acquire.  We intend
to acquire such assets and emerging businesses that our management believes are
well positioned for future growth.
 
 On March
7, 2008, we closed our registered public offering. We sold a total of 404,000
common shares at a price of $.25 per share, for a total of
$101,000.
 
 On August
17, 2009, Joseph Meuse was appointed to the Board of Directors as well as
President of the Company.  On the same date, Ross Bernstein, Neil
Bernstein, Kirk Hanson, and William Hartman resigned from all positions held in
the Company.
 
 On August
26, 2009, the company entered into a material definitive agreement with Belmont
Partners, LLC (“Belmont”) by which Belmont acquired six million five hundred
thousand (6,500,000) shares of the Company’s common stock.   This
transaction was approved by the Company’s Board of Directors in a special
meeting held on August 17, 2009, and by a majority of the Company’s shareholders
through a written shareholder consent executed on the same date.  The
transaction with Belmont closed on September 2, 2009.  Following the
transaction, Belmont Partners, LLC controlled approximately 72.8% of the
Company’s outstanding capital stock.
 
 On April
19, 2010, the Company entered into a Common Stock Purchase Agreement (the
“Purchase Agreement”) whereby Sunrise Capital International, Inc. purchased
4,553,790 common stock shares, or approximately 51.00%, of the issued and
outstanding common stock of the Company, from Belmont Partners,
LLC.
  8
  On April
19, 2010, Joseph Meuse, the Company’s former President and sole director,
resigned his former position as President and Secretary.  On the same
date, Sheng Zhou was named President, Secretary and Director of the
Company.  Sheng Zhou is the Executive Director of Sunrise Capital
International, Inc.  Such resignation and appointments were effective
as of the April 19, 2010 with respect to the officers of the
Company.  The resignation of the former director Joseph Meuse and the
appointment of Sheng Zhou as the new director became effective on the tenth day
following the mailing by the Company of an information statement that complies
with the requirements of Section 14f-1 of the Securities Exchange Act of
1934.
 
 In
September 2009, our headquarters moved to 360 Main St., Washington,
VA 22747.  Our phone number at our headquarters is (540) 675-3149.
 Our fiscal year end is December 31.
 
 To date,
since inception on December 12, 2006, we have had no revenues and only losses,
and we anticipate this continuing for the foreseeable future. Accordingly, until
such time that we are profitable, if at all, we will be dependent upon debt and
equity financing which may not be available to us. Our auditors are currently
of the opinion, and have formally indicated that for the fiscal year endedDecember 31,
2009, they
doubt our ability to continue as a going concern as a result of our continued
net losses.
 
 Results of
Operations
 
 The
Three Months Ended March 31, 2010 Compared to the Three Months Ended March 31,
2009
 
 The
revenues for the three months ended March 31, 2010 and March 31, 2009 were both
$0.
 
 The
Operating Expenses, which are composed entirely of general and administrative
expenses, for the three months ended March 31, 2010 and March 31, 2009, were $25
and $1590, respectively. The lower expenses in 2009 were attributable to a
reduction in independent contracts, professional fees and prepaid
expenses.
 
 Similarly,
our Net Loss for the three months ended March 31, 2010 and March 31, 2009, were
$25 and $1590, respectively.
 
 Based
upon our current plans, we plan to adjust our operating expenses so that cash
generated from operations and from working capital will be sufficient for the
foreseeable future to fund our operations at our currently forecasted levels. To
try to operate at a break-even level based upon our current level of anticipated
business activity, we believe that we must generate approximately $36,000 in
revenue per year. However, if our forecasts are inaccurate, we will need to
raise additional funds. On the other hand, we may choose to scale back our
operations to operate at break-even with a smaller level of business activity,
while adjusting our overhead to meet the revenue from current operations. In
addition, we expect that we will need to raise additional funds if we decide to
pursue more rapid expansion, the development of new or enhanced services and
products, appropriate responses to competitive pressures, or the acquisition of
complementary businesses or technologies, or if we must respond to unanticipated
events that require us to make additional investments. We cannot assure that
additional financing will be available when needed on favorable terms, or at
all.
 
 We expect
to incur operating losses in future periods because we will be incurring
expenses and not generating sufficient revenues. We expect approximately $36,000
in operating costs over the next twelve months. We cannot guarantee that we will
be successful in generating sufficient revenues or other funds in the future to
cover these operating costs. Failure to generate sufficient revenues or
additional financing when needed could cause us to go out of
business.
 
 9
  Liquidity and Capital
Resources
 
 As of
March 31. 2010, we had cash or cash equivalents of $0.00.
 
 Net cash
used for operating activities was $0 for the three months ended March 31, 2010,
compared to cash provided by operating activities of $15 for the period ended
March 31, 2009.  The decrease in net cash used for the three months
ended March 31, 2010 was attributable to reduced operating expenses,
specifically reduced general and administrative expenses from 2009 to
2010.
 
 Cash
flows provided by investing activities was $0 for the three months ended March
31, 2010 and for the same period in 2009.
 
 Cash
flows used by financing activities was $1,500 for the three months ended March
31, 2010 as compared to $0 for the same period in 2009.  This increase was
primarily the result of an increase in paid in capital of $1,500.
 
 Until the
Company’s operations become cash flow positive, our sole officer and Director
will fund the operations to continue the business.  At this time, we have
no other resources for cash without his assistance.
 
 Our
principle source of liquidity will be financing activities.  We expect
variation in these financing activities to account for the difference between a
profit and a loss.  In any case, we try to operate with minimal overhead.
 Our primary activity will be to seek to acquire an operating business
generating revenues.  If we succeed in finding such an opportunity, we
expect to become profitable.  We cannot guarantee that this will ever
occur.  Our plan is to build our company in any manner which will be
successful.
 
 Off-Balance Sheet
Arrangements
 
 At March
31, 2010, we did not have any transactions, obligations or relationships that
could be considered off-balance sheet arrangements.
 
 
 Significant Accounting
Policies
 
 Our
discussion and analysis of results of operations and financial condition are
based upon our consolidated financial statements, which have been prepared in
accordance with accounting principles generally accepted in the United States of
America. The preparation of these consolidated financial statements requires us
to make estimates and judgments that affect the reported amounts of assets,
liabilities, revenues and expenses, and related disclosure of contingent assets
and liabilities. We evaluate our estimates on an ongoing basis, including those
related to provisions for uncollectible accounts receivable, inventories,
valuation of intangible assets and contingencies and litigation. We base our
estimates on historical experience and on various other assumptions that are
believed to be reasonable under the circumstances, the results of which form the
basis for making judgments about the carrying values of assets and liabilities
that are not readily apparent from other sources. Actual results may differ from
these estimates under different assumptions or conditions.
 
 The
accounting policies that we follow are set forth in Note 1 to our financial
statements as included in this document. These accounting policies conform to
accounting principles generally accepted in the United States, and have been
consistently applied in the preparation of the financial
statements.
 
 Recently Issued Accounting
Pronouncements
 
 In
December 2004, the Financial Accounting Standards Board issued Statement of
Financial Accounting Standards ("SFAS") No. 123R "Share Based Payment." This
statement is a revision of SFAS No. 123, "Accounting for Stock-Based
Compensation" and supersedes APB Opinion No. 25, Accounting for Stock Issued to
Employees, and its related implementation guidance. SFAS No. 123R addresses all
forms of share based payment ("SBP") awards including shares issued under
employee stock purchase plans, stock options, restricted stock and stock
appreciation rights. Under SFAS No. 123R, SBP awards result in a cost that will
be measured at fair value on the awards' grant date, based on the estimated
number of awards that are expected to vest. This statement is effective for
public entities that file as issuers, as of the beginning of the first interim
or annual reporting period that begins after December 15, 2005. We adopted this
pronouncement during the first quarter of 2005.
  10
 
 In
December 2004, the FASB issued SFAS No. 153, Exchanges of Non-monetary Assets -
An Amendment of APB Opinion No. 29. The amendments made by SFAS No. 153 are
based on the principle that exchanges of non-monetary assets should be measured
based on the fair value of the assets exchanged. Further, the amendments
eliminate the narrow exception for non-monetary exchanges of similar productive
assets and replace it with a broader exception for exchanges of non-monetary
assets that do not have "commercial substance." SFAS No. 153 is effective for
non-monetary asset exchanges occurring in fiscal periods beginning after June
15, 2005. The adoption of SFAS No. 153 on its effective date did not have a
material effect on our consolidated financial statements.
 
 In March
2005, the FASB issued Financial Interpretation No. 47, "Accounting for
Conditional Asset Retirement Obligations - an Interpretation of FASB Statement
No. 143", which specifies the accounting treatment for obligations associated
with the sale or disposal of an asset when there are legal requirements
attendant to such a disposition. We adopted this pronouncement in 2005, as
required, but there was no impact as there are no legal obligations associated
with the future sale or disposal of any assets.
 
 In May
2005, the FASB issued SFAS No. 154, "Accounting Changes and Error Corrections —
A Replacement of APB Opinion No. 20 and SFAS Statement No. 3". SFAS No. 154
changes the requirements for the accounting and reporting of a change in
accounting principle by requiring retrospective application to prior periods'
financial statements of the change in accounting principle, unless it is
impracticable to do so. SFAS No. 154 is effective for accounting changes and
corrections of errors made in fiscal years beginning after December 15, 2005. We
do not expect the adoption of SFAS No. 154 to have any impact on our
consolidated financial statements.
 
 ITEM
3 - QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
 
 We are a
smaller reporting company as defined by Rule 12b-2 of the Securities Exchange
Act of 1934 and are not required to provide the information under this
item.
 
 ITEM
4T - CONTROLS AND PROCEDURES
 
 (a)
              Evaluation
      of Disclosure Controls and
Procedures.
 
 As of the
end of the period covered by this report, based on an evaluation of our
disclosure controls and procedures (as defined in Rules 13a -15(e) and
15(d)-15(e) under the Exchange Act), our Principal  Executive Officer
and the Principal Financial Officer each have concluded that our disclosure
controls and procedures are effective to ensure that information required to be
disclosed by us in our Exchange Act reports is recorded, processed, summarized,
and reported within the applicable time periods specified by the SEC’s rules and
forms.
 
 (b)
              Changes
      in Internal Control Over Financial
Reporting.
 
 There
were no changes in our internal controls over financial reporting that occurred
during our most recent fiscal quarter that have materially affected, or are
reasonably likely to materially affect, our internal control over financial
reporting.
 
 This
report does not include an attestation report of the company’s registered public
accounting firm regarding internal control over financial reporting. Identified
in connection with the evaluation required by paragraph (d) of Rule 240.13a-15
or Rule 240.15d-15 of this chapter that occurred during the registrant’s last
fiscal quarter that has materially affected, or is reasonably likely to
materially affect, the registrant’s internal control over financial
reporting.
  11
  PART
II - OTHER INFORMATION
 
 ITEM
1.  LEGAL PROCEEDINGS.
  The
Company is 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
1A.  RISK FACTORS.
 
 We are a
smaller reporting company as defined by Rule 12b-2 of the Securities Exchange
Act of 1934 and are not required to provide the information under this
item.
 
 The above
statement notwithstanding, shareholders and prospective investors should be
aware that certain risks exist with respect to the Company and its business,
which risks include: its limited assets, lack of revenues and only losses since
inception, industry risks, the need for additional capital; the fact that our
accountants have expressed doubts about our ability to continue as a going
concern; among other factors. The Company management is aware of these risks and
has attempted to establish the minimum controls and procedures to insure
adequate risk assessment and execution to reduce loss exposure. For more
specific detail regarding the risks inherent in an investment in the Company,
shareholders and prospective investors are also referred to the “Risk Factors”
section of the Company’s registration statement filed with the Securities and
Exchange Commission on Form SB-2, as amended. See www.sec.gov.
 
 ITEM
2.  UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF
PROCEEDS.
 
 None.
 
 ITEM
3.  DEFAULTS UPON SENIOR SECURITIES.
 
 None.
 
 ITEM
4.  OTHER INFORMATION.
 
 None.
  12
  ITEM
5. EXHIBITS.
 
 Exhibit
      31.1
                Certification
      required by Rule 13a-14(a) or Rule 15d-14(a) and section 302 of the
      Sarbanes-Oxley Act of 2002Exhibit
      32.1
                Certification
      required by Rule 13a-14(b) or Rule 15d-14(b) and section 906 of the
      Sarbanes-Oxley Act of 2002, 18 U.S.C. Section
      1350
  13
  SIGNATURES
 
 
 Pursuant
to the requirements of Section 13 of the Securities and Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
  
 
 Data
Storage Consulting, Inc.
 (Registrant)
 
 
 By:/s/Sheng
      Zhou
                Date:
      May 14, 2010Sheng
      Zhou, President, Secretary and Director(Principal
      executive officer and principal financial officer)
 
  14