UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549  FORM
10-Q _________________  (Mark One) þ

Quarterly
Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act
of 1934  For the Quarterly Period Ended January 31,
2010 or o

Transition
Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act
of 1934  For the Transition Period from
 to  Commission File Number 333-146572  ASIA
ATLANTIC RESOURCES (Exact name of registrant as specified in
its charter) Nevada

00-0000000(State or Other Jurisdiction of

(I.R.S. Employer Identification
No.)Incorporation or Organization)  119-600 Eglinton Avenue East, Suite
409Toronto, Ontario, Canada  M4G
2K2(Address of principal executive
offices and zip code)  N/A(Former name, former address and
former fiscal year, if changed since last report  Registrants telephone
number, including area code: (416)
464-7484  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 þ No 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 the definitions of large accelerated
filer, accelerated filer and smaller reporting company in Rule 12b-2
of the Exchange Act.   ____________________________________________________________________________________________________   Large accelerated
filer   ̈

Accelerated filer   ̈  Non-accelerated filer   ̈
(Do not check
if smaller reporting company)

Smaller reporting
company  x Indicate by
check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act).    Yes  þ    No   ̈  The number of shares of the registrants common stock
outstanding as of March 17, 2010 was 13,100,000*.  *  Of this amount, 1,500,000 shares have been
purchased and paid for and the certificates therefor are in process of
issuance.   2       PART
I  Item 1.
 Financial Statements.   ASIA
ATLANTIC RESOURCES. (An
Exploration Stage Company) BALANCE
SHEETS January
31, 2010 and April 30, 2009  January 31,
April 30,ASSETS
2010
(Unaudited)
2009
(Audited)CurrentCash
and cash equivalents
$                651
764Advances
to related party  Note 4
5,067
48,852Total
Assets
$             5,718
$
          49,616LIABILITIESCurrentAccounts
payable and accrued liabilities
$
            2,055
$                  55Convertible
note payable  Note 6
6,500
6,500Total
Liabilities
8,555
6,555STOCKHOLDERS EQUITYCapital Stock
 - Note 7Authorized:75,000,000
common shares with a par value of $.001Issued
and outstanding:13,100,000
common shares
(11,600,000
shares in April 30, 2009)
13,100
11,600Additional paid
in capital
154,400
118,400Deficit
accumulated during the exploration stage
(170,337)
(86,939)Total
Stockholders Equity
(2,837)
43,061Total
Liabilities and Stockholders Equity
$
           5,718
$
          49,616Going Concern 
Note 2   SEE
ACCOMPANYING NOTES  3  _____________________________________________________________________________________________   ASIA
ATLANTIC RESOURCES (An
Exploration Stage Company) STATEMENT OF OPERATIONS For the
three and nine months ended January 31, 2010 and 2009 and from the
period January 22, 2007 (Date of Inception) to January 31, 2010 (unaudited)  AccumulatedFrom
January 22,
2007For the three
months ended
For the nine months ended
(Date of
Inception)January 31,
January 31,
to January 31,2010
2009
2010
2009
2010ExpensesGeological,
mineral and prospect costs
$                 -
$                 -
$              -
$
        -
$
          8,000General
and administrative
5,675
198
51,620
1,299
97,254Incorporation
costs
-
-
-
-
441Professional
fees
5,413
3,882
31,778
8,411
64,756Total operating
expenses
21,088
4,080
83,398
9,710
170,451Operating loss
for the period
(21,088)
(4,080)
(83,398)
(9,710)
(170,451)Interest
revenue
-
-
-
-
114Net Loss for
the Period
$
        (21,088)
$
        (4,080)
$
     (83,398)
$
   (9,710)
$       
(170,337)Basic and fully
diluted net loss per common share
(0.00)
(0.00)
(0.00)
(0.00)
(0.00)Weighted
average common shares outstanding
12,154,348
11,600,000
11,784,783
11,600,000  SEE
ACCOMPANYING NOTES  4  _____________________________________________________________________________________________   ASIA
ATLANTIC RESOURCES (An
Exploration Stage Company) STATEMENT OF CASH FLOWS For the
nine months ended January 31, 2010 and 2009 from the period January 22, 2007 (Date of Inception) to
January 31, 2010  From
January 22, 2007For the nine months ended
January 31,
(Date of Inception)
to
January 31,2010
2009
2010Operating
ActivitiesNet
loss for the period
$
        (83,398)
$
        (43,562)
$
             (170,337)Cash provided
by (used in) changesin operating assets and
liabilitiesNotes
receivable from related party
43,785
9,532
(5,067)Accounts
payable and accrued
liabilities
2,000
(4,313)
2,055Net cash
provided by (used in) Operating Activities
(37,613)
(38,343)
(173,349)Financing
Activities
Advance
to related party
-
(68,076)
-Due
to related party
-
6,500
6,500Common
stock issued for cash
37,500
100,000
167,500Net cash
provided by (used in)
Financing Activities
37,500
38,424
174,000Increase in
cash and cash equivalents during the period
(113)
81
651Cash and cash
equivalents,
beginning
of the period
764
(79)
-Cash and cash
equivalents, end of the period
$
             651
$
                 2
$                     651Supplemented
disclosure of cash flow
information:Cash paid
for:Interest
$
                     -
$
                  -
$                         -Income
taxes
$
                     -
$
                  -
$                         -  SEE
ACCOMPANYING NOTES  5  _____________________________________________________________________________________________  ASIA
ATLANTIC RESOURCES (An
Exploration Stage Company) STATEMENT OF STOCKHOLDERS EQUITY for the
period from January 22, 2007 (Date of Inception) to January 31, 2010   Additional
ShareCommon Stock
Paid-in
Subscriptions
AccumulatedShares
Amount
Capital
Received
Deficit
TotalBalance,
January 22,
2007
-
$
           -
$               -
$                  -
$
              -
$
                 -Shares
issued
for
cash
at
$.001
2,000,000
2,000
-
-
-
2,000Shares
issued
for
cash
at
$.005
5,600,000
5,600
22,400
-
-
28,000Net loss
for
the
period
-
-
-
-
(12,072)
(12,072)Balance,
April
30, 2007
7,600,000
7,600
22,400

(12,072)
17,928Net loss
for
the period
-
-
-
-
(13,588)
(13,588)Balance,
April 30,
2008
7,600,000
7,600
22,400
-
(25,660)
4,340Shares
issued
for
cash
at
$.025
4,000,000
4,000
96,000
-
-
100,000Net loss
for
the
period
-
-
-
-
(61,279)
(61,279)Balance,
April 30,
2009
11,600,000
11,600
118,400
-
(86,939)
43,061Share
subscriptions
received



25,000
-
25,000Shares
issued
from
subscriptions
1,000,000
1,000
24,000
(25,000)
-
-Shares issued
for
cash at
$.025
500,000
500
12,000
-
-
12,500Net loss
for
the
period
-
-
-
-
(83,398)
(83,398)Balance
January
31, 2010
13,100,000
$   13,100
$  154,400
$                -
$    (170,337)
$     
 (2,837)  SEE
ACCOMPANYING NOTES  6  _____________________________________________________________________________________________   ASIA
ATLANTIC RESOURCES (An
Exploration Stage Company) NOTES TO
THE FINANCIAL STATEMENTS January
31, 2010   Note
1 Interim
Reporting  While
the information presented in the accompanying nine months interim financial
statements is unaudited, it includes all adjustments, which are, in the opinion
of management, necessary to present fairly the financial position, results of
operations and cash flows for the interim periods presented in accordance with
accounting principles generally accepted in the United States of America.
 These interim financial statements follow the same accounting policies and
methods of their application as the Companys April 30, 2009 annual financial
statements.  All adjustments are of a normal recurring nature.  It is
suggested that these interim financial statements be read in conjunction with
the Companys April 30, 2009 annual financial statements.  Operating
results for the nine months ended January 31, 2010 are not necessarily
indicative of the results that can be expected for the year ended April 30,
2010.  Note
2 Nature
and Continuance of Operations  The
Company was incorporated in the State of Nevada on January 22, 2007 and is in
the exploration stage.  The Company acquired a mineral property located in
the Province of British Columbia, Canada, which expired on September 17, 2008.  The
Company has adopted April 30 as its fiscal year end.  These
financial statements have been prepared in accordance with generally accepted
accounting principles applicable to a going concern, which assumes that the
Company will be able to meet its obligations and continue its operations for its
next fiscal year.  Realization values may be substantially different from
carrying values as shown and these financial statements do not give effect to
adjustments that would be necessary to the carrying values and classification of
assets and liabilities should the Company be unable to continue as a going
concern.  At January 31, 2010, the Company had not yet achieved profitable
operations, has accumulated losses of $170,337 since its inception. The Company
expects to incur further losses in the development of its business, all of which
casts substantial doubt about the Companys ability to continue as a going
concern.  The Companys ability to continue as a going concern is dependent
upon its ability to generate future profitable operations and/or to obtain the
necessary financing to meet its obligations and repay its liabilities arising
from normal business operations when they come due.  Management anticipates
that additional funding will be in the form of equity financing from the sale of
common stock.  Management may also seek to obtain short-term loans from the
directors of the Company.  There are no current arrangements in place for
equity funding or short-term loans.   7  _____________________________________________________________________________________________   Note
3 Summary
of Significant Accounting Policies  Development
Stage Company  The
Company is a development stage company as defined in Financial Accounting
Standards Board (FASB) Accounting Standards Codification (ASC) Development
Stage Companies. The Company is still in the developmental stage, devoting
substantially all of its present efforts to establish its business and its
planned principal operations have not commenced, as only one subsidiary has
started to realize some revenues but has not achieved full operations.  All
losses accumulated since inception have been considered as part of the Companys
development stage activities.  Fair
Value Measurements  The
Company follows FASB ASC 820, Fair Value Measurements and Disclosures,
for all financial instruments and non-financial instruments accounted for at
fair value on a recurring basis. This new accounting standard establishes a
single definition of fair value and a framework for measuring fair value, sets
out a fair value hierarchy to be used to classify the source of information used
in fair value measurement and expands disclosures about fair value measurements
required under other accounting pronouncements. It does not change existing
guidance as to whether or not an instrument is carried at fair value. The
Company defines fair value as the price that would be received from selling an
asset or paid to transfer a liability in an orderly transaction between market
participants at the measurement date. When determining the fair value
measurements for assets and liabilities, which are required to be recorded at
fair value, the Company considers the principal or most advantageous market in
which the Company would transact and the market-based risk measurements or
assumptions that market participants would use in pricing the asset or
liability, such as inherent risk, transfer restrictions and credit risk.
 The Company has adopted FASB ASC 825, Financial Instruments,which allows companies to choose to measure eligible financial instruments
and certain other items at fair value that are not required to be measured at
fair value.The Company has not elected the fair value option for any
eligible financial instruments. Financial
Instruments  The carrying values of cash and cash equivalents, accounts payable
and accrued liabilities and due to/from related parties approximate fair value
because of the short-term nature of these instruments. Management is of the
opinion that the Company is not exposed to significant interest, currency or
credit risks arising from these financial instruments.  Revenue
Recognition  The
Company recognizes revenue when minerals are delivered to the purchaser.  Mineral
Property Costs  Mineral
property acquisition, exploration and development costs are expensed as incurred
until such time as economic reserves are quantified.  From that time
forward, the Company will capitalize all costs to the extent that future cash
flows from mineral reserves equal or exceed the costs deferred.  The
deferred costs will be amortized over the recoverable reserves when a property
reaches commercial production.  Costs related to site restoration programs
will be accrued over the life of the project.  To date, the Company has not
established any proven reserves on its mineral property.  8  _____________________________________________________________________________________________   Note
3 Summary
of Significant Accounting Policies  Contd  Environmental
Costs  Environmental
expenditures that relate to current operations are expensed or capitalized as
appropriate.  Expenditures that relate to an existing condition caused by
past operations, and which do not contribute to current or future revenue
generation, are expensed.  Liabilities are recorded when environmental
assessments and/or remedial efforts are probable, and the cost can be reasonably
estimated.  Generally, the timing of these accruals coincides with the
earlier of:  i) completion of a feasibility study; or  ii) the Companys commitment to a plan of action based on the then
known facts.  Basic and Diluted Net Income (Loss) Per Share  The Company computes net loss per share in accordance with FASB
ASC Topic 260, Earnings per Share.  This topic requires presentation of
both basic and diluted earnings per share (EPS) on the face of the income
statement.  Basic loss per share is computed by dividing net loss available
to common shareholders by the weighted average number of common shares
outstanding during the year.  Diluted EPS gives effect to all dilutive
potential common shares outstanding during the year including stock options,
using the treasury stock method, and convertible preferred stock, using the
if-converted method.  In computing diluted EPS, the average stock price for
the year is used in determining the number of shares assumed to be purchased
from the exercise of stock options or warrants.  Diluted EPS excludes all
dilutive potential common shares if their effect is anti dilutive.  Cash and Cash Equivalents  The Company considers all highly liquid instruments with maturity
of three months or less at the time of issuance to be cash equivalents.  Cash
and Currency Risks The
Company incurs expenditures in Canadian and U.S. dollars. Consequently, some
assets and liabilities are exposed to Canadian dollar foreign currency
fluctuations.  As at January 31, 2010 there were no amounts
denominated in Canadian dollars included in the financial statements. The
Company has cash balances at well-known financial institutions.  Balances
in U.S. dollars at Canadian institutions are not protected by insurance and are
therefore subject to deposit risk.  As at January 31, 2010 all cash and
equivalents represented cash at Canadian financial institutions. Derivative
Instruments  The
Company follows the guidelines under FASB ASC Topic 815, Derivatives and
Hedges. This guideline establishes accounting and reporting standards for
derivative instruments, including certain derivative instruments embedded in
other contracts, and for hedging activities.  It  requires that an
entity recognize all derivatives as either assets or liabilities in the balance
sheet and measure those instruments at fair value. If
certain conditions are met, a derivative may be specifically designated as a
hedge, the objective of which is to match the timing of gain or loss recognition
on the hedging derivative with the recognition of (i) the changes in the fair
value of the hedged asset or liability that are attributable to the hedged risk
or (ii) the earnings effect of the hedged  9  _____________________________________________________________________________________________   Note
3 Summary
of Significant Accounting Policies  Contd  Derivative
Instruments  Contd  forecasted
transaction.  For a derivative not designated as a hedging instrument, the
gain or loss is recognized in income in the period of change.  The Company
has not entered into derivatives contracts to hedge existing risks or for
speculative purposes.  Foreign
Currency Translations  The
Company's functional currency is US dollars. Foreign currency balances are
translated into US dollars as follows:  Monetary
assets and liabilities are translated at the period-end exchange rate.
Non-monetary assets are translated at the rate of exchange in effect at their
acquisition, unless such assets are carried at market or nominal value, in which
case they are translated at the period-end exchange rate. Revenue and expense
items are translated at the average exchange rate for the period. Foreign
exchange gains and losses in the period are included in operations  Income
Taxes  The
Company follows FSAB ASC Topic 820,   Income Taxes which requires
the use of the asset and liability method of accounting for income taxes.
 Under this method, deferred tax assets and liabilities are recognized for
future tax consequences attributable to temporary differences between the
financial statements carrying amounts of existing assets and liabilities and
loss carry forwards and their respective tax bases.  Deferred tax assets
and liabilities are measured using enacted tax rates expected to apply to
taxable income in the year in which those temporary differences are expected to
be recovered or settled  Recent
Accounting Pronouncements  The
Company adopts new pronouncements relating to generally accepted accounting
principles applicable to the Company as they are issued, which may be in advance
of their effective date.   Management does not believe that any
recently issued, but not yet effective, accounting standards if currently
adopted would have a material effect on the accompanying financial
statements.  Note
4 Advances
to related party  Advances
to the related party represent advances to the Companys director.  There
are no repayment terms or interest attached to the advances.  During the nine
months ended January 31, 2010, the Company paid the director management fees in
the amount of $33,500.  ($21,000 in 2009).  The transaction was
consummated at the price agreed upon by the parties.  Note
5 Mineral
Property  On
February 9, 2007, the Company purchased a mineral claim in the Province of
British Columbia for $8,000.  The claim expired on September 17, 2008.  10  _____________________________________________________________________________________________   Note
6 Convertible
Note Payable  On
August 19, 2008, the Company received financing of $6,500 in exchange for a note
payable that is non-interest bearing and due on demand.  Each $0.005 of the
principal balance outstanding of the note may be converted into one common stock
of the Company at the discretion of the note holder.  The
Company accounts for this financial instrument in accordance with FASB ASC Topic
815, Derivatives and Hedging, Subtopic 40, Contracts in Entitys Own Equity.  Note
7 Capital
Stock  On
February 12, 2007, the Company issued 2,000,000 common shares for $2,000 in cash
to the sole director.  On
February 15, 2007, the Company issued 5,600,000 common shares for $28,000 in
cash.  On
November 6, 2008, the Company issued 4,000,000 common shares for $100,000 in
cash.  On
October 13, 2009, the Company received share subscriptions for 50,000 common
shares for $12,500 in cash.  On
October 22, 2009, the Company received share subscriptions for 50,000 common
shares for $12,500 in cash.  On
January 19, the Company issued 1,000,000 common shares in fulfilment of the
subscriptions.  On
January 19, the Company issued 500,000 common shares for $12,500 in cash.  There
are no shares subject to options, warrants or other agreements as at January 31,
2010.  Note
8 Subsequent
Events  The
Company evaluated subsequent events through the date and time they were
available to be issued on March 17, 2010  11  _____________________________________________________________________________________________   Forward-Looking
Statements **** This
Form 10-Q includes "forward-looking statements" within the meaning of the
"safe-harbor" provisions of the Private Securities Litigation Reform Act of
1995. Such statements are based on management's current expectations and are
subject to a number of factors and uncertainties that could cause actual results
to differ materially from those described in the forward-looking statements.  All
statements other than historical facts included in this Form, including without
limitation, statements under "Plan of Operation", regarding our financial
position, business strategy, and plans and objectives of management for the
future operations, are forward-looking statements.  Although we believe
that the expectations reflected in such forward-looking statements are
reasonable, it can give no assurance that such expectations will prove to have
been correct. Important factors that could cause actual results to differ
materially from our expectations include, but are not limited to, market
conditions, competition and the ability to successfully complete financing.   Item 2.
 Managements Discussion and Analysis of Financial Condition and Results of
Operations.  Plan of
Operation  Our
plan of operation for the 12-month period from the date of this report
includes:  
We are in the
process of seeking a new business opportunity.  We will seek to enter
into a business combination or acquisition of assets by which we will
become engaged in an active business venture.  There are no present
binding arrangements for such a business combination or acquisition of
assets;
we are engaged
in preliminary negotiations to acquire an interest in a mineral prospect
located in the Republic of Panama.  This property has had historical
operations for the production of gold.  There are no present
understandings or agreements with respect to any such acquisition; nor do
we presently have sufficient information to form any definitive opinion as
to the merits of or valuation of the property.  If these negotiations
result in an agreement with respect to the acquisition of the property, it
will undoubtedly result in our having to acquire additional financing to
complete the acquisition and conduct necessary exploration work, and if
justified, development work on the property; and   12  _____________________________________________________________________________________________   
while our
acquisition of $12,500 (USD) from the private placement of 500,000 shares
of common stock in October and December of 2009, provided us with capital
to cover our present administrative expenses to date, we will have to
raise additional capital to cover these administrative costs for the next
12 months and we will have to raise significant amounts of additional
capital to finance any mineral acquisitions and/or exploration programs.
 We have no present arrangement for any capital acquisition, and
there is no assurance any additional capital will become
available.   Results of
Operations for the Three-Month Period Ended January 31, 2010  We
had no revenues for the three-month periods ended January 31, 2010 or 2009.
 We have no present source of revenue and there is little likelihood we
will develop any revenue source during the next 12 months.  We
incurred expenses in the amount of $21,088 for the three-month period ended
January 31, 2010 as compared with $4,080 for the three-month period ended
January 31, 2009.  The increase is due to payment of directors management
fees of $13,000 for the period in 2010 as compared to none for 2009, by an
increase in professional fees of $1,531 and by an increase in filing fees and
other expenses of $2,477.  All these expenses were for administrative and
professional fees.  At
January 31, 2010, we had total assets of $5,718, consisting of cash of $651 and
advances to related party of $5,067. There were total liabilities of $8,555,
consisting of accounts payable and accrued liabilities of $2,055 and a note
payable of $6,500.  We
have not attained any source of revenue or profitable operations.  We are
dependent upon obtaining capital financing to pay our administrative costs and
pursue any mineral acquisition and/or exploration activities.  For these
reasons, our auditors believe that there is substantial doubt we will be able to
continue as a going concern.  Item 3.
 Quantitative and Qualitative Disclosures About Market Risk.  None.  Item 4T.
 Controls and Procedures.  Managements
Report on Internal Control over Financial Reporting. Our
management, including our principal executive officer, our principal financial
officer and our principal accounting officer and our Board of Directors, is
responsible for establishing and maintaining a process 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.  13  _____________________________________________________________________________________________  Our
management, with the participation of our principal executive officer and
financial officer, evaluated the effectiveness of our internal control over
financial reporting as of January 31, 2010. Our managements evaluation of our
internal control over financial reporting was based on the framework in Internal
ControlIntegrated Framework, issued by the Committee of Sponsoring
Organizations of the Treadway Commission. Based on such evaluation, management
determined that our internal control over financial reporting was not effective
as of January 31, 2010because
the following material weakness in internal control over financial reporting
existed as of January 31, 2010.  (i) lack
of segregation of incompatible duties due to insufficient personnel; and (ii) Insufficient
Board of Directors representation.  Though no material misstatements have resulted
our management has determined that until such time as sufficient representation
on our Board of Directors can be achieved the Companys inability to formulate
an audit committee represents a significant risk.  A
material weakness is a deficiency or a combination of control deficiencies in
internal control over financial reporting such that there is a reasonable
possibility that a material misstatement of our annual or interim financial
statements will not be prevented or detected on a timely basis. Limitations
on Effectiveness of Controls Our
principal executive officer and principal financial officer do not expect that
our disclosure controls or our internal control over financial reporting will
prevent all errors and all fraud. A control system, no matter how well conceived
and operated, can provide only reasonable, not absolute, assurance that the
objectives of the control system are met. Further, the design of a control
system must reflect the fact that there are resource constraints, and the
benefits of controls must be considered relative to their costs. Because of the
inherent limitations in all control systems, no evaluation of controls can
provide absolute assurance that all control issues and instances of fraud, if
any, within our company have been detected. These inherent limitations include
the realities that judgments in decision-making can be faulty, and that
breakdowns can occur because of a simple error or mistake. Additional controls
can be circumvented by the individual acts of some persons, by collusion of two
or more people, or by management override of the controls. The design of any
system of controls also is based in part upon certain assumptions about the
likelihood of future events, and there can be no assurance that any design will
succeed in achieving its stated goals under all potential future conditions;
over time, controls may become inadequate because of changes in conditions, or
the degree of compliance with the policies or procedures may deteriorate.
Because of the inherent limitations in a cost-effective control system,
misstatements due to error or fraud may occur and not be detected. Changes
in Internal Control over Financial Reporting There
were no changes in our internal control over financial reporting during the
second quarter of our fiscal year ended January 31, 2010 that have materially
affected, or are reasonably likely to materially affect our internal control
over financial reporting.  14  _____________________________________________________________________________________________   PART
II  Item 1.
 Legal Proceedings.  None.  Item 2.
 Unregistered Sales of Equity Securities and Use of Proceeds.  (a) During
October of 2009, the Company sold 1,000,000 shares of its common stock and
during December of 2009 the Company sold an additional 500,000 shares.  (b) No
person acted as a principal underwriter for the sale of these securities.
 The Companys common stock was offered directly by the Company through its
officers and directors.  The common stock was sold to three accredited
investors with the investors each purchasing 500,000 shares at $0.025 per share
or $12,500.  (c) The
1,500,000 shares were sold for cash at $0.025 per share for a total of
$37,500.00.  No underwriting discounts, commissions or acquisition costs
were paid on the sales.  (d) In
the sale of these shares of its common stock, the Company relied upon the
exemption from registration requirements of Section 5 of the Securities Act of
1933, as amended (the Securities Act) and by Regulation D adopted under the
Securities Act.  These shares were issued as restricted securities and a
legend denoting the restrictions on their transferability under the Securities
Act will be placed upon the certificates issued to represent the shares.  Item 3.
 Defaults Upon Senior Securities.  None.  Item 4.
 Reserved  Item 5.
 Other Information.  The
Companys Board of Directors does not presently have a standing nominating
committee or any committee performing similar functions since the Board
presently consists of only one member.  Item 6.
 Exhibits.   Exhibit
No.
Description
of Exhibits31.1
Officers
Certifications under Section 302 of the Sarbanes-Oxley Act of
2002*32.1
Certification
of Chief Executive Officer under Section 906 of the Sarbanes-Oxley Act of
2002.*  ____________________ *   Filed
herewith.   15  _____________________________________________________________________________________________   SIGNATURES In
accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized.  ASIA
ATLANTIC RESOURCESDate:
March 18,
2010

By:
/s/ Patricia
CookePATRICIA
COOKEPresident,
Chief Executive Officer and Director     16