----

----

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

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

| Delaware                                                      |   | 000-51193             |   | 20-8326081                   |
|---------------------------------------------------------------|--------|-----------------------|--------|-----------------------------------|
| (State or other jurisdiction ofincorporation or organization) |   | (Commission File No.) |   | (IRS Employee Identification No.) |

| 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 |
|----------------------------------------------------------------------------------------------------------------|----------------------|

----

| Item 1.                    | Financial Statements                                                                        |   1  |
|----------------------------|---------------------------------------------------------------------------------------------|-----------|
| Item 2.                    | Management’s Discussion and Analysis of Financial Condition and Results of Operations |   11 |
| Item 3                     | Quantitative and Qualitative Disclosures About Market Risk                                  |   15 |
| Item 4T.                   | Control and Procedures                                                                      |   16 |
|                       |                                                                                        |      |
|                       |                                                                                        |
| PART II--OTHER INFORMATION |                                                                                        |
|                       |                                                                                        |      |
| Item 1                     | Legal Proceedings                                                                           |   17 |
| Item 1A                    | Risk Factors                                                                                |   17 |
| Item 2.                    | Unregistered Sales of Equity Securities and Use of Proceeds                                 |   17 |
| Item 3.                    | Defaults Upon Senior Securities                                                             |   17 |
| Item 4.                    | (Removed and Reserved)                                                                      |   17 |
| Item 5.                    | Other Information                                                                           |   17 |
| Item 6.                    | Exhibits                                                                                    |   17 |

----

|                                                                                                                                                   |   |        |       |   |             |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------|------------|--------|------------------|--------|
| Aspire Japan, Inc.                                                                                                                                     |   |        |       |   |
| (A Development Stage Company)                                                                                                                          |   |        |       |   |
| CONDENSED BALANCE SHEETS                                                                                                                               |   |        |       |   |
|                                                                                                                                                   |   |        |       |   |
|                                                                                                                                                   |   |        |       |
|                                                                                                                                                   |   | April 30,   |       |   | January 31, |   |
|                                                                                                                                                   |   | 2010        |       |   | 2010             |   |
|                                                                                                                                                   |   | (Unaudited) |       |   |             |   |
|                         ASSETS |   |
|                                                                                                                                                   |   |        |       |   |             |   |
| CURRENT ASSETS                                                                                                                                         |   |        |       |   |             |   |
|                                                                                                                                                   |   |        |       |   |             |   |
| Cash                                                                                                                                                   |   | $           | 2,011      |   |             | $      | 388 |   |
|          Prepaid expense                                                                                       |   |        | 197        |   |             |   | 545 |   |
|                                                                                                                                                   |   |        |       |   |             |   |   |   |
|           TOTAL CURRENT ASSETS                                                                       |   |        | 2,208      |   |             |   | 933 |   |
|                                                                                                                                                   |   |        |       |   |             |   |   |   |
| OTHER ASSETS                                                                                                                                           |   |        |       |   |             |   |   |   |
|                                                                                                                                                   |   |        |       |   |             |   |   |   |
| Deposits                                                                                                                                               |   |        | 475        |   |             |   | 475 |   |
|                                                                                                                                                   |   |        |       |   |             |   |   |   |
| TOTAL ASSETS                                                                                                                                           |   | $           | 2,683      |   |             | $      | 1,408 |   |
|                                                                                                                                                   |   |        |       |   |             |   |   |   |
|                LIABILITIES AND STOCKHOLDERS' DEFICIT                             |   |        |       |   |             |
|                                                                                                                                                   |   |        |       |   |             |   |   |   |
| CURRENT LIABILITIES                                                                                                                                    |   |        |       |   |             |   |   |   |
|                                                                                                                                                   |   |        |       |   |             |   |   |   |
|         Accounts payable and accrued expenses                                                                  |   | $           | 27,633     |   |             | $      | 20,353 |   |
|         Accrued interest                                                                                            |   |        | 114,340    |   |             |   | 97,447 |   |
|         Accrued interest - related party                                                                            |   |        | 9,890      |   |             |   | 9,167 |   |
|         Judgement payable                                                                                           |   |        | 1,070,034  |   |             |   | 1,049,719 |   |
|         Severance payable                                                                                           |   |        | 236,730    |   |             |   | 236,730 |   |
|         Notes payable                                                                                               |   |        | 370,206    |   |             |   | 370,206 |   |
|         Loans payable -related party                                                                                |   |        | 30,183     |   |             |   | 21,093 |   |
|                                                                                                                                                   |   |        |       |   |             |   |   |   |
|           TOTAL CURRENT LIABILITIES                                                                  |   |        | 1,859,016  |   |             |   | 1,804,715 |   |
|                                                                                                                                                   |   |        |       |   |             |   |   |   |
|                                                                                                                                                   |   |        |       |   |             |   |   |   |
| COMMITMENTS AND CONTINGENCIES                                                                                                                          |   |        | -          |   |             |   | - |   |
|                                                                                                                                                   |   |        |       |   |             |   |   |   |
| STOCKHOLDERS' DEFICIT                                                                                                                                  |   |        |       |   |             |   |   |   |
|                                                                                                                                                   |   |        |       |   |             |   |   |   |
|         Preferred Stock - Par value $.001;                                                                          |   |        |       |   |             |   |   |   |
|            Authorized: 50,000,000                                                                    |   |        |       |   |             |   |   |   |
|            Issued and Outstanding: none                                                              |   |        | -          |   |             |   | - |   |
|         Common Stock - Par value $0.001;                                                                            |   |        |       |   |             |   |   |   |
|            Authorized: 100,000,000                                                                   |   |        |       |   |             |   |   |   |
|            Issued and Outstanding:7,854,150 and 7,854,150 respectively                          |   |        | 7,854      |   |             |   | 7,854 |   |
|         Additional Paid-In Capital                                                                                  |   |        | 1,701,896  |   |             |   | 1,679,396 |   |
|         Other Comprehensive Income (Loss)                                                                           |   |        | (5,078     | )      |             |   | (5,078 | ) |
|         Accumulated Deficit during development stage                                                           |   |        | (3,561,005 | )      |             |   | (3,485,479 | ) |
|                                                                                                                                                   |   |        |       |   |             |   |   |   |
|           Total Stockholders' Deficit                                                                |   |        | (1,856,333 | )      |             |   | (1,803,307 | ) |
|                                                                                                                                                   |   |        |       |   |             |   |   |   |
|           TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                                                |   | $           | 2,683      |   |             | $      | 1,408 |   |
|                                                                                                                                                   |   |        |       |   |             |   |   |   |

----

| Aspire Japan, Inc.                                        |   |                                 |
|-----------------------------------------------------------|--------|--------------------------------------|
| (A Development Stage Company)                             |   |                                 |
| CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS |   |                                 |
| (Unaudited)                                               |   |                                 |
|                                                      |   |                                 |   |   |   |   |   |   |   |   |
|                                                      |   |                                 |   |   |   |   |   |   |   |   |
|                                                      |   |                                 |   |   |   |   |   |   |   |   |
|                                                      |   |                                 |   |   |   |   |   | For the period |   |   |
|                                                      |   |                                 |   |   |   |   |   | February 2, 2005 |   |   |
|                                                      |   | For the Three Months Ended April 30, |   |   | (inception) to |   |   |
|                                                      |   | 2010                                 |   |   | 2009 |   |   | April 30, 2010 |   |   |
|                                                      |   |                                 |   |   |   |   |   |   |   |   |
|                                                      |   |                                 |   |   |   |   |   |   |   |   |
| Revenue                                                   |   | $                                    | - |   |   | $ | - |   |   | $ | - |   |   |
|                                                      |   |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Operating Expenses                                        |   |                                 |   |   |   |   |   |   |   |   |   |   |   |
|                                                      |   |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Professional Fees                                         |   |                                 | 11,521 |   |   |   | 126 |   |   |   | 384,838 |   |   |
| Marketing Expenses                                        |   |                                 | - |   |   |   | - |   |   |   | 156,562 |   |   |
| Consulting Fees                                           |   |                                 | - |   |   |   | - |   |   |   | 216,510 |   |   |
| Compensation Expense                                      |   |                                 | 22,500 |   |   |   | 22,500 |   |   |   | 483,531 |   |   |
| Severance Expense                                         |   |                                 | 20,315 |   |   |   | - |   |   |   | 1,336,764 |   |   |
| General and administrative                                |   |                                 | 3,457 |   |   |   | 995 |   |   |   | 892,779 |   |   |
|                                                      |   |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Total Operating Expenses / (Income)                       |   |                                 | 57,793 |   |   |   | 23,621 |   |   |   | 3,470,984 |   |   |
|                                                      |   |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Income / (Loss) from Operations                           |   |                                 | (57,793 | ) |   |   | (23,621 | ) |   |   | (3,470,984 | ) |   |
|                                                      |   |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Interest Income                                           |   |                                 | - |   |   |   | - |   |   |   | 2,631 |   |   |
| Foreign Currency Transaction Loss                         |   |                                 | (117 | ) |   |   | (2 | ) |   |   | (6,976 | ) |   |
| Gain on liquidated damages                                |   |                                 | - |   |   |   | - |   |   |   | 84,949 |   |   |
| Interest Expense                                          |   |                                 | (17,616 | ) |   |   | (12,231 | ) |   |   | (170,625 | ) |   |
|                                                      |   |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Total Other Income/(Expense)                              |   |                                 | (17,733 | ) |   |   | (12,233 | ) |   |   | (90,021 | ) |   |
|                                                      |   |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Provision for Income Taxes                                |   |                                 | - |   |   |   | - |   |   |   | - |   |   |
|                                                      |   |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Net Loss                                                  |   |                                 | (75,526 | ) |   |   | (35,854 | ) |   |   | (3,561,005 | ) |   |
|                                                      |   |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Other Comprehensive Income / (Loss)                       |   |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Other Comprehensive Income                                |   |                                 | - |   |   |   | - |   |   |   | 61 |   |   |
| Foreign Currency Translation Loss                         |   |                                 | - |   |   |   | - |   |   |   | (5,139 | ) |   |
|                                                      |   |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Comprehensive Loss                                        |   | $                                    | (75,526 | ) |   | $ | (35,854 | ) |   | $ | (3,566,083 | ) |   |
|                                                      |   |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Net Loss Per Share  - basic and diluted         |   | $                                    | (0.01 | ) |   | $ | (0.00 | ) |   |   |   |   |   |
|                                                      |   |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average number of shares outstanding             |   |                                 | 7,854,150 |   |   |   | 7,854,150 |   |   |   |   |   |   |
|   during the period - basic and diluted         |   |                                 |   |   |   |   |   |   |   |   |   |   |   |
|                                                      |   |                                 |   |   |   |   |   |   |   |   |   |   |   |

----

|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |
|----------------------------------------------------------|--------------------|-----------------|--------|--------|--------------|--------|------------|--------|--------|----------------|-----------|--------|--------|----------------|--------|--------|-------------------|--------|-----------|----------------------------|--------|--------|--------------------|--------|
|                                                     | Aspire Japan, Inc. |            |   |   |         |   |       |   |   |           |      |
| (A Development Stage Company)                            |               |            |   |   |
| CONDENSED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)    |               |            |   |   |
| From inception (February 2, 2005) through April 30, 2010 |               |            |   |   |
| (Unaudited)                                              |               |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   | Accumulated       |   |      |                       |   |   |               |   |
|                                                     |               | Preferred Stock |   |   | Common Stock |   | Additional |   |   | Deficit During |      |   | Other  |           |   | Total  |              |
|                                                     |               | Shares          |   |   | Par          |   |       | Shares |   |           | Par       |   |   | Paid InCapital |   |   | Development Stage |   |      | ComprehensiveIncome (Loss) |   |   | Equity / (Deficit) |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |
| Stock Issued in exchange                                 |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |
| of incorporation expenses                                |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |
| February 2, 2005                                         |               |            | -      |   |         | $      | -          |   |   |           | 100,000   |   |   | $              | 100    |   |              | $      | -         |                       |   | $      | -                  |   |   | $ | - |   |   | $ | 100 |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Net Loss for the period                                  |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| February 2, 2005 (inception)                             |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| to January 31, 2006                                      |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   | (2,225             | )      |   |   | - |   |   |   | (2,225 | ) |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Balance, January 31, 2006                                |               |            | -      |   |         |   | -          |   |   |           | 100,000   |   |   |           | 100    |   |              |   | -         |                       |   |   | (2,225             | )      |   |   | - |   |   |   | (2,125 | ) |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Stock Issued for cash on                                 |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| September 15, 2006 at $0.001                             |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| per share from private placement                         |               |            | -      |   |         |   | -          |   |   |           | 6,700,000 |   |   |           | 6,700  |   |              |   | -         |                       |   |   | -                  |   |   |   | - |   |   |   | 6,700 |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Stock Issued for cash on                                 |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| November 6, 2006 at $1.00                                |               |            | -      |   |         |   | -          |   |   |           | 275,000   |   |   |           | 275    |   |              |   | 274,725   |                       |   |   | -                  |   |   |   | - |   |   |   | 275,000 |   |
| per share from private placement                         |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| In Kind contribution                                     |               |            | -      |   |         |   | -          |   |   |           | -         |   |   |           | -      |   |              |   | 7,000     |                       |   |   | -                  |   |   |   | - |   |   |   | 7,000 |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Net Loss                                                 |               |            | -      |   |         |   | -          |   |   |           | -         |   |   |           | -      |   |              |   | -         |                       |   |   | (37,393            | )      |   |   | - |   |   |   | (37,393 | ) |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Balance, January 31, 2007                                |               |            | -      |   |         |   | -          |   |   |           | 7,075,000 |   |   |           | 7,075  |   |              |   | 281,725   |                       |   |   | (39,618            | )      |   |   | - |   |   |   | 249,182 |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Stock Issued for cash on                                 |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| April 16, 2007 at $1.00                                  |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| per share from private placement                         |               |            | -      |   |         |   |       |   |   |           | 20,000    |   |   |           | 20     |   |              |   | 19,980    |                       |   |   | -                  |   |   |   | - |   |   |   | 20,000 |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Stock Issued for cash on                                 |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| April 18, 2007 at $1.00                                  |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| per share from private placement                         |               |            | -      |   |         |   |       |   |   |           | 10,000    |   |   |           | 10     |   |              |   | 9,990     |                       |   |   | -                  |   |   |   | - |   |   |   | 10,000 |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Stock Issued for cash on                                 |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| April 19, 2007 at $1.00                                  |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| per share from private placement                         |               |            | -      |   |         |   |       |   |   |           | 15,000    |   |   |           | 15     |   |              |   | 14,985    |                       |   |   | -                  |   |   |   | - |   |   |   | 15,000 |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Stock Issued for cash on                                 |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| April 20, 2007 at $1.00                                  |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| per share from private placement                         |               |            | -      |   |         |   |       |   |   |           | 30,000    |   |   |           | 30     |   |              |   | 29,970    |                       |   |   | -                  |   |   |   | - |   |   |   | 30,000 |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Stock Issued for cash on                                 |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| April 25, 2007 at $1.00                                  |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| per share from private placement                         |               |            | -      |   |         |   |       |   |   |           | 260,000   |   |   |           | 260    |   |              |   | 259,740   |                       |   |   | -                  |   |   |   | - |   |   |   | 260,000 |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Stock Issued for cash on                                 |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| April 26, 2007 at $1.00                                  |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| per share from private placement                         |               |            | -      |   |         |   |       |   |   |           | 100,000   |   |   |           | 100    |   |              |   | 99,900    |                       |   |   | -                  |   |   |   | - |   |   |   | 100,000 |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Stock Issued for services in                             |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| April 2007 at $1.00                                      |               |            | -      |   |         |   |       |   |   |           | 100,000   |   |   |           | 100    |   |              |   | 99,900    |                       |   |   |               |   |   |   | - |   |   |   | 100,000 |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Stock Issued in exchange                                 |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| for legal expenses                                       |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| June 30, 2007 at $1.00                                   |               |            | -      |   |         |   |       |   |   |           | 50,000    |   |   |           | 50     |   |              |   | 49,950    |                       |   |   | -                  |   |   |   | - |   |   |   | 50,000 |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| In Kind contribution                                     |               |            | -      |   |         |   |       |   |   |           | -         |   |   |           | -      |   |              |   | 51,000    |                       |   |   | -                  |   |   |   | - |   |   |   | 51,000 |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Net Loss for the year                                    |               |            | -      |   |         |   |       |   |   |           | -         |   |   |           | -      |   |              |   | -         |                       |   |   | (2,108,895         | )      |   |   | - |   |   |   | (2,108,895 | ) |
| ended January 31, 2008                                   |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Other Comprehensive Income / (loss)                      |               |            | -      |   |         |   |       |   |   |           | -         |   |   |           | -      |   |              |   | -         |                       |   |   | -                  |   |   |   | (5,139 | ) |   |   | (5,139 | ) |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Total Comprehensive Loss                                 |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   | (2,114,034 | ) |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Balance, January 31, 2008                                |               |            | -      |   |         |   | -          |   |   |           | 7,660,000 |   |   |           | 7,660  |   |              |   | 917,140   |                       |   |   | (2,148,513         | )      |   |   | (5,139 | ) |   |   | (1,228,852 | ) |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| In Kind contribution                                     |               |            | -      |   |         |   | -          |   |   |           | -         |   |   |           | -      |   |              |   | 90,000    |                       |   |   | -                  |   |   |   | - |   |   |   | 90,000 |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Converison on notes payable                              |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
|  and accrued interest to                            |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
|  common stock at $3.00 per share                    |               |            | -      |   |         |   | -          |   |   |           | 194,150   |   |   |           | 194    |   |              |   | 582,256   |                       |   |   | -                  |   |   |   | - |   |   |   | 582,450 |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Net Loss for the year                                    |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| ended January 31, 2009                                   |               |            | -      |   |         |   | -          |   |   |           | -         |   |   |           |   |   |              |   | -         |                       |   |   | (1,282,167         | )      |   |   |   |   |   |   | (1,282,167 | ) |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Other Comprehensive Income                               |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   | 61 |   |   |   | 61 |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Total Comprehensive Loss                                 |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   | (1,282,106 | ) |
| Balance January 31, 2009                                 |               |            | -      |   |         | $      | -          |   |   |           | 7,854,150 |   |   | $              | 7,854  |   |              | $      | 1,589,396 |                       |   | $      | (3,430,680         | )      |   | $ | (5,078 | ) |   | $ | (1,838,508 | ) |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| In Kind contribution                                     |               |            | -      |   |         |   | -          |   |   |           | -         |   |   |           | -      |   |              |   | 90,000    |                       |   |   | -                  |   |   |   | - |   |   |   | 90,000 |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Net Loss for the year ended                              |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| January 31, 2010                                         |               |            | -      |   |         |   | -          |   |   |           | -         |   |   |           |   |   |              |   | -         |                       |   |   | (54,799            | )      |   |   |   |   |   |   | (54,799 | ) |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Other Comprehensive Income                               |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   | - |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Total Comprehensive Loss                                 |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   | (54,799 | ) |
| Balance January 31, 2010                                 |               |            | -      |   |         | $      | -          |   |   |           | 7,854,150 |   |   | $              | 7,854  |   |              | $      | 1,679,396 |                       |   | $      | (3,485,479         | )      |   | $ | (5,078 | ) |   | $ | (1,803,307 | ) |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| In Kind contribution                                     |               |            | -      |   |         |   | -          |   |   |           | -         |   |   |           | -      |   |              |   | 22,500    |                       |   |   | -                  |   |   |   | - |   |   |   | 22,500 |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Net Loss for the quarter ended                           |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| April 30, 2010                                           |               |            | -      |   |         |   | -          |   |   |           | -         |   |   |           |   |   |              |   | -         |                       |   |   | (75,526            | )      |   |   |   |   |   |   | (75,526 | ) |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Other Comprehensive Income                               |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   | - |   |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |
| Total Comprehensive Loss                                 |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   | (75,526 | ) |
| Balance April 30, 2010                                   |               |            | -      |   |         | $      | -          |   |   |           | 7,854,150 |   |   | $              | 7,854  |   |              | $      | 1,701,896 |                       |   | $      | (3,561,005         | )      |   | $ | (5,078 | ) |   | $ | (1,856,333 | ) |
|                                                     |               |            |   |   |         |   |       |   |   |           |      |   |   |           |   |   |              |   |      |                       |   |   |               |   |   |   |   |   |   |   |   |   |

----

|                                                                        |   |                                  |    |   |           |   |    |             |   |
|-----------------------------------------------------------------------------|--------|---------------------------------------|---------|--------|----------------|--------|---------|------------------|--------|
|                                                                        |   |                                  |    |   |           |   |    |             |   |
| Aspire Japan, Inc.                                                          |   |
| (A Development Stage Company)                                               |   |
| CONDENSED STATEMENTS OF CASH FLOWS                                          |   |
| (Unaudited)                                                                 |   |
|                                                                        |   |
|                                                                        |   |                                  |    |   |           |   |    |             |   |
|                                                                        |   |                                  |    |   |           |   |    |             |   |
|                                                                        |   |                                  |    |   |           |   |    |             |   |
|                                                                        |   |                                  |    |   |           |   |    | For the period   |   |
|                                                                        |   |                                  |    |   |           |   |    | February 2, 2005 |   |
|                                                                        |   | For The Three Montrhs Ended April 30, |    |   | (inception) to |   |
|                                                                        |   | 2010                                  |    |   | 2009           |   |    | April 30, 2010   |   |
|                                                                        |   |                                  |    |   |           |   |    |             |   |
|                                                                        |   |                                  |    |   |           |   |    |             |   |
| Cash Flows From Operating Activities:                                       |   |                                  |    |   |           |   |    |             |   |
| Net Loss                                                                    |   | $                                     | (75,526 | )      |           | $      | (35,854 | )                |   | $ | (3,561,005 | ) |
|                                                                        |   |                                  |    |   |           |   |    |             |   |   |   |   |
| Adjustments to reconcile net loss to net cash used in operations            |   |                                  |    |   |           |   |    |             |   |   |   |   |
|     In-kind contribution                                |   |                                  | 22,500  |   |           |   | 22,500  |             |   |   | 260,500 |   |
|     Stock issued for incorporation expense              |   |                                  | -       |   |           |   | -       |             |   |   | 100 |   |
|     Stock issued for services                           |   |                                  | -       |   |           |   | -       |             |   |   | 150,000 |   |
|      Impairment of property and equipment          |   |                                  | -       |   |           |   | -       |             |   |   | 2,388 |   |
|     Depreciation                                        |   |                                  | -       |   |           |   | -       |             |   |   | 2,429 |   |
|   Changes in operating assets and liabilities:                    |   |                                  |    |   |           |   |    |             |   |   |   |   |
|    Increase in Deposits                                      |   |                                  | -       |   |           |   | (475    | )                |   |   | (475 | ) |
|    (Increase)/Decrease in Prepaid Expenses                   |   |                                  | 348     |   |           |   | (3,647  | )                |   |   | (197 | ) |
| Increase/ (Decrease) in Accounts Payable and Accrued Expenses     |   |                                  | 7,280   |   |           |   | (10,264 | )                |   |   | 27,633 |   |
|    Increase in  Accrued Interest                   |   |                                  | 16,893  |   |           |   | 12,232  |             |   |   | 154,217 |   |
|    Increase in accrued interest - related party              |   |                                  | 723     |   |           |   | -       |             |   |   | 9,890 |   |
|    Increase in  Accrued judgement                  |   |                                  | 20,315  |   |           |   | -       |             |   |   | 1,070,034 |   |
|    Increase in accrued severance                             |   |                                  | -       |   |           |   | -       |             |   |   | 236,730 |   |
|                                                                        |   |                                  |    |   |           |   |    |             |   |   |   |   |
|   Net Cash (Used In) Operating Activities                              |   |                                  | (7,467  | )      |           |   | (15,508 | )                |   |   | (1,647,756 | ) |
|                                                                        |   |                                  |    |   |           |   |    |             |   |   |   |   |
| Cash Flows From Investing Activities:                                       |   |                                  |    |   |           |   |    |             |   |   |   |   |
|    Cash paid for Property, Plant, &  Equipment |   |                                  | -       |   |           |   | -       |             |   |   | (4,817 | ) |
|                                                                        |   |                                  |    |   |           |   |    |             |   |   |   |   |
| Net Cash Used In Investing Activities                                       |   |                                  | -       |   |           |   | -       |             |   |   | (4,817 | ) |
|                                                                        |   |                                  |    |   |           |   |    |             |   |   |   |   |
| Cash Flows From Financing Activities:                                       |   |                                  |    |   |           |   |    |             |   |   |   |   |
| Proceeds from Note Payable                                                  |   |                                  | -       |   |           |   | 51,623  |             |   |   | 943,175 |   |
| Repayment of Note Payable                                                   |   |                                  | -       |   |           |   |    |             |   |   | (30,396 | ) |
| Repayment of Note Payable - related party                                   |   |                                  | (8,500  | )      |           |   | -       |             |   |   | (672,260 | ) |
| Proceeds from Note Payable - related party                                  |   |                                  | 17,590  |   |           |   | 15,010  |             |   |   | 702,443 |   |
| Proceeds from Common Stock issuance                                         |   |                                  | -       |   |           |   | -       |             |   |   | 716,700 |   |
|                                                                        |   |                                  |    |   |           |   |    |             |   |   |   |   |
| Net Cash Provided by Financing Activities                                   |   |                                  | 9,090   |   |           |   | 66,633  |             |   |   | 1,659,662 |   |
|                                                                        |   |                                  |    |   |           |   |    |             |   |   |   |   |
| Net Increase in Cash                                                        |   |                                  | 1,623   |   |           |   | 51,125  |             |   |   | 7,089 |   |
|                                                                        |   |                                  |    |   |           |   |    |             |   |   |   |   |
| Effect of Exchange Rate on Cash                                             |   |                                  | -       |   |           |   | -       |             |   |   | (5,078 | ) |
|                                                                        |   |                                  |    |   |           |   |    |             |   |   |   |   |
| Cash at Beginning of Period                                                 |   |                                  | 388     |   |           |   | 712     |             |   |   | - |   |
|                                                                        |   |                                  |    |   |           |   |    |             |   |   |   |   |
| Cash at End of Period                                                       |   | $                                     | 2,011   |   |           | $      | 51,837  |             |   | $ | 2,011 |   |
|                                                                        |   |                                  |    |   |           |   |    |             |   |   |   |   |
| Supplemental disclosure of cash flow information:                           |   |                                  |    |   |           |   |    |             |   |   |   |   |
|                                                                        |   |                                  |    |   |           |   |    |             |   |   |   |   |
| Cash paid for interest                                                      |   | $                                     | -       |   |           | $      | -       |             |   | $ | 5,951 |   |
|                                                                        |   |                                  |    |   |           |   |    |             |   |   |   |   |
| Cash paid for taxes                                                         |   | $                                     | -       |   |           | $      | -       |             |   | $ | - |   |

----

----

----

| 1.   | August 29, 2008, 50 Million Japanese Yen (Approximately $454,545)    |
|----------------|----------------------------------------------------------------------|
|           |                                                                 |
| 2.   | September 12, 2008, 50 Million Japanese Yen (Approximately $454,545) |

| 3.   | September 30, 2008, 200 Million Japanese Yen (Approximately $1,818,182) |
|----------------|-------------------------------------------------------------------------|
|           |                                                                    |
| 4.   | January 31, 2009, 300 Million Japanese Yen (Approximately $2,727,273)   |

----

| 1.   | August 29, 2008, 200 Million Japanese Yen (Approximately $1,818,182)    |
|----------------|-------------------------------------------------------------------------|
|           |                                                                    |
| 2.   | September 30, 2008, 400 Million Japanese Yen (Approximately $3,636,354) |

| 3.   | January 31, 2009, 1 Billion Japanese Yen (Approximately $9,090,909) |
|----------------|---------------------------------------------------------------------|

----

----

----

| Marketing Materials |   | $      | 50,000  |   |
|--------------------------|--------|--------|---------|--------|
| Legal/Accounting         |   | $      | 75,000  |   |
| General/Administrative   |   | $      | 100,000 |   |
| Total               |   | $      | 225,000 |   |
|                     |   |   |    |   |

----

----

----

----

| 1.   | August 29, 2008, 50 Million Japanese Yen (Approximately $454,545)       |
|----------------|-------------------------------------------------------------------------|
|           |                                                                    |
| 2.   | September 12, 2008, 50 Million Japanese Yen (Approximately $454,545)    |
|           |                                                                    |
| 3.   | September 30, 2008, 200 Million Japanese Yen (Approximately $1,818,182) |
|           |                                                                    |
| 4.   | January 31, 2009, 300 Million Japanese Yen (Approximately $2,727,273)   |

| 1.   | August 29, 2008, 200 Million Japanese Yen (Approximately $1,818,182)    |
|----------------|-------------------------------------------------------------------------|
|           |                                                                    |
| 2.   | September 30, 2008, 400 Million Japanese Yen (Approximately $3,636,354) |
|           |                                                                    |
| 3.   | January 31, 2009, 1 Billion Japanese Yen (Approximately $9,090,909)     |

----

----

----

|                      | ASPIRE JAPAN, INC. |
|---------------------------|--------------------|
|                      |               |
| Date: June 10, 2010  | By:      | /s/ Ken Osako |
|                      |               | Ken Osako |
|                      |               | President, Chief Executive Officer,Chief Financial Officer |