UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


Washington,
DC 20549





FORM
10-Q





QUARTERLY
REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES


EXCHANGE
ACT OF 1934





For the
Quarter ended March 31, 2009





Commission
File Number: 333-153888





ASIA DOCUMENT TRANSITION,
INC.


______________________________________________________


(Exact
name of registrant as specified in its charter)





Nevada
            20-4889194_______________________
            ____________________________________(State
      of organization)
            (I.R.S.
      Employer Identification No.)





15D,
Eton Building


288 Des
Voeux Road


Central,
Hong Kong


________________________________________


(Address
of principal executive offices)





011/852-2545-9133


_______________________________________________


Registrant’s
telephone number, including area code





______________________________________________


Former
address if changed since last report





Check  whether
the issuer (1) filed all reports  required to be filed by Section 13
or 15(d) of
the  Exchange  Act  during  the past
12  months  and (2) has been subject to such filing
requirements for the past 90 days. Yes x  No  o





Indicate
by check mark whether the registrant has submitted electronically and posted on
its corporate Website, if any, every Interactive Data File required to be
submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding
12 months (or for such shorter period that the registrant was required to submit
and post such files); Yes o No o.




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 o
            
            Accelerated
      Filer o
            
            Non-Accelerated
      Filer o
              (Do
      not check if a
              smaller
      reporting
              company)
            
            Smaller
      Reporting Company þ





Indicate
by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act). Yes o No x





Securities
registered under Section 12(g) of the Exchange Act:





Common
Stock $.001 par value





There
were 25,000,000 shares of common stock outstanding as of May 1,
2009.








TABLE
OF CONTENTS


_________________





PART
      I - FINANCIAL INFORMATIONITEM
      1.
              INTERIM
      FINANCIAL STATEMENTS
              2ITEM
      2.
              MANAGEMENT'S
      DISCUSSION OF OPERATIONS AND FINANCIAL CONDITION
              14ITEM
      3
              QUANTITATIVE
      AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
              19ITEM
      4A(T).
              CONTROLS
      AND PROCEDURES
              19PART
      II - OTHER INFORMATIONITEM
      1.
              LEGAL
      PROCEEDINGS
              21ITEM
      1A
              RISK
      FACTORS
              21ITEM
      2.
              UNREGISTERED
      SALES OF EQUITY SECURITIES
              21ITEM
      3.
              DEFAULTS
      UPON SENIOR SECURITIES
              21ITEM
      4.
              SUBMISSION
      OF MATTERS TO A VOTE OF SECURITY HOLDERS
              21ITEM
      5.
              OTHER
      INFORMATION
              21ITEM
      6.
              EXHIBITS
              22SIGNATURES
              22


2


PART
I – FINANCIAL INFORMATION




ITEM
1.  INTERIM FINANCIAL STATEMENTS




ASIA
DOCUMENT TRANSITION, INC.


CONDENSED
CONSOLIDATED BALANCE SHEETS


(A
Development Stage Company)





As
      of
                                March
      31, 2009
                              
                              
                              As
      of
                                June
      30, 2008(Unaudited)ASSETSCURRENT
      ASSETSCash
      and cash equivalents
                              
                              $
                              1,590
                              
                              
                              $
                              1,519Account
      receivables
                              
                              
                              -
                              
                              
                              
                              1,602Prepaid
      expenses
                              
                              
                              1,975
                              
                              
                              
                              1,975Total
      Current Assets
                              
                              
                              3,565
                              
                              
                              
                              5,096PROPERTY
      AND EQUIPMENT, net
                              
                              
                              4,286
                              
                              
                              
                              5,342OTHER
      ASSETSDeposits
                              
                              
                              6,092
                              
                              
                              
                              6,092TOTAL
      ASSETS
                              
                              
                              13,943
                              
                              
                              
                              16,530LIABILITIES AND STOCKHOLDERS' EQUITY
      (DEFICIT)CURRENT
      LIABILITIESAccounts
      payable and accrued expenses
                              
                              $
                              -
                              
                              
                              $
                              -Other
      payable
                              
                              
                              -
                              
                              
                              
                              256Related
      party notes payables
                              
                              
                              103,213
                              
                              
                              
                              85,366Total
      Current Liabilities
                              
                              
                              103,213
                              
                              
                              
                              85,622NON-CURRENT
      LIABILITIES
                              
                              
                              -
                              
                              
                              
                              -TOTAL
      LIABILITIES
                              
                              
                              103,213
                              
                              
                              
                              85,622STOCKHOLDERS'
      EQUITY (DEFICIT)Common
      stock, $0.001 par value, 100,000,000 shares authorized, 25,000,000 shares
      issued and outstanding
                              
                              
                              25,000
                              
                              
                              
                              25,000Additional
      paid-in capital (deficit)
                              
                              
                              (21,000
                              )
                              
                              
                              (21,000
                              )Deficit
      accumulated during the development stage
                              
                              
                              (93,270
                              )
                              
                              
                              (73,092
                              )Total
      Stockholders' Equity (Deficit)
                              
                              
                              (89,270
                              )
                              
                              
                              (69,092
                              )TOTAL
      LIABILITIES AND STOCKHOLDERS' EQUIT (DEFICIT)
                              
                              $
                              13,943
                              
                              
                              $
                              16,530


The accompanying notes are an integral
part of the financial statements.




3




ASIA
DOCUMENT TRANSITION, INC.


UNAUDITED
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS


(A
Development Stage Company)





From
                      Inception
                      April
      13,
                      3006
      toThree
      months ended
                      March
      31,
                    
                    
                    Nine
      months ended
                      March
      31,
                    
                    
                    March
      31,
                      20092009
                    
                    
                    2008
                    
                    
                    2008
                    
                    
                    2007
                    
                    
                    (Cumulative)SALES
                    
                    $
                    2,628
                    
                    
                    $
                    5,705
                    
                    
                    $
                    6,731
                    
                    
                    $
                    17,179
                    
                    
                    $
                    48,055COST
      OF SALES
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    500Gross
      Profit:
                    
                    $
                    2,628
                    
                    
                    $
                    5,705
                    
                    
                    $
                    6,731
                    
                    
                    $
                    17,179
                    
                    
                    $
                    47,555EXPENSESDepreciation
      expenses
                    
                    $
                    332
                    
                    
                    $
                    186
                    
                    
                    $
                    1,056
                    
                    
                    $
                    2,032
                    
                    
                    $
                    9,334Impairment
      loss on current asset
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —Selling,
      general and administrative expenses
                    
                    
                    9,596
                    
                    
                    
                    6,931
                    
                    
                    
                    25,853
                    
                    
                    
                    29,652
                    
                    
                    
                    123,851Total
      Expenses
                    
                    
                    9,928
                    
                    
                    
                    7,117
                    
                    
                    
                    26,909
                    
                    
                    
                    31,684
                    
                    
                    
                    133,185LOSS
      FROM OPERATIONS
                    
                    
                    (7,300
                    )
                    
                    
                    (1,412
                    )
                    
                    
                    (20,178
                    )
                    
                    
                    (14,505
                    )
                    
                    
                    (85,630
                    )OTHER
      INCOME (EXPENSES)Interest
      expense
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —Loss
      on disposal of property and equipment
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    (7,640
                    )
                    
                    
                    (7,640
                    )Provision
      for income taxes
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —Net
      Loss
                    
                    $
                    (7,300
                    )
                    
                    $
                    (1,412
                    )
                    
                    $
                    (20,178
                    )
                    
                    $
                    (22,145
                    )
                    
                    
                    (93,270
                    )PER
      SHARE DATA:Basic
      loss per common share
                    
                    $
                    (0.00
                    )
                    
                    $
                    (0.00
                    )
                    
                    $
                    (0.00
                    )
                    
                    $
                    (0.00
                    )Weighted
      Average Common Shares Outstanding
                    
                    
                    25,000,000
                    
                    
                    
                    25,000,000
                    
                    
                    
                    25,000,000
                    
                    
                    
                    25,000,000





The
accompanying notes are an integral part of the financial
statements.


4





ASIA
DOCUMENT TRANSITION, INC.


UNAUDITED
CONDENSED CONSOLIDATED STATEMENTS OF CASHFLOWS


(A
Development Stage Company)





For
      the nine-month period ended
                            
                            
                            April
      13, 2006
                              (inception)
      toMarch
      31,
                              2009
                            
                            
                            March
      31,
                              2008
                            
                            
                            March
      31,
                              2009CASH
      FLOW FROM OPERATING ACTIVITIESNet
      Loss
                            
                            $
                            (20,178
                            )
                            
                            $
                            (22,146
                            )
                            
                            $
                            (93,270
                            )Adjustments
      to reconcile net loss to net cash (used in) provided by operating
      activitiesStock
      issued for services
                            
                            
                            -
                            
                            
                            
                            -
                            
                            
                            
                            4,000Decrease
      (increase) in account receivables
                            
                            
                            1,602
                            
                            
                            
                            -
                            
                            
                            
                            -Loss
      on disposal of property and equipment
                            
                            
                            -
                            
                            
                            
                            7,640
                            
                            
                            
                            7,640Depreciation
      Expense
                            
                            
                            1,056
                            
                            
                            
                            2,032
                            
                            
                            
                            9,334Increase
      in Pre-payment and deposit
                            
                            
                            -
                            
                            
                            
                            (8,980
                            )
                            
                            
                            (14,516
                            )Increase
      in other payables
                            
                            
                            (256
                            )
                            
                            
                            1,795
                            
                            
                            
                            -Net
      Cash provided by (used in) Operating Activities
                            
                            $
                            (17,776
                            )
                            
                            $
                            (19,659
                            )
                            
                            $
                            (86,812
                            )CASH
      FLOWS FROM INVESTING ACTIVITIESPurchase
      of property and equipment
                            
                            
                            -
                            
                            
                            
                            (67
                            )
                            
                            
                            (48,144
                            )Disposal
      of property and equipment
                            
                            
                            -
                            
                            
                            
                            33,333
                            
                            
                            
                            33,333Net
      Cash provided by (used in) Investing activities
                            
                            $
                            -
                            
                            
                            $
                            32,266
                            
                            
                            $
                            (14,811
                            )CASH
      FLOWS FROM FINANCING ACTIVITIESLoans
      from (repayment to) related parties
                            
                            
                            17,847
                            
                            
                            
                            (17,295
                            )
                            
                            
                            103,213Net
      Cash provided by (used in) Financing Activities
                            
                            $
                            17,847
                            
                            
                            $
                            (17,295
                            )
                            
                            $
                            103,213NET
      INCREASE (DECREASE) IN CASH
                            
                            
                            71
                            
                            
                            
                            (3,688
                            )
                            
                            
                            1,590Cash
      beginning of period
                            
                            
                            1,519
                            
                            
                            
                            5,349
                            
                            
                            
                            -Cash
      end of period
                            
                            $
                            1,590
                            
                            
                            $
                            1,661
                            
                            
                            $
                            1,590





The
accompanying notes are an integral part of the financial
statements.


5





ASIA
DOCUMENT TRANSITION, INC.


(A
DEVELOPMENT STAGE COMPANY)


NOTES
TO FINANCIAL STATEMENTS





NOTE
1.   ORGANIZATION AND DESCRIPTION OF BUSINESS




Asia
Document Transition, Inc. (the “Company”) was incorporated in the State of
Nevada on April 13, 2006. The Company is in the business of (a) providing
services consisting of converting documents from word processing format to HTML
in order that they may be filed with the U.S.  Securities and Exchange
Commission ("SEC") electronically  through EDGAR, the SEC's Electronic
Data Gathering,  Analysis, and Retrieval system and (b) providing of
mailing address, phone and fax service, internet access temporary meeting space
(“Virtual Office Services”) to small and single operator businesses
within  Hong Kong . The Company has been in the development stage
since formation on April 13, 2006 and has only generated minimal revenue to
date.




On April 26, 2006,the Companyacquired all of the issued and
outstanding shares of Vast Opportunity Limited, (VOL) a Hong Kong
incorporated limited company, through the issuance of
24,500,000commonshares to the shareholders of VOL.
VOLhas been since its
inception, a corporation with minimal operations.As of the date of the acquisition, V OL
had assets of$374 and
total liabilities of$1,302.  The acquisition
resulted in theshareholders of VOL becoming the
controlling shareholders of the Company, accordingly the transaction was
recorded as a recapitalization of VOL.





NOTE
2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES





A.
  Basis of
Accounting





The
Company’s financial statements are prepared using the accrual method of
accounting.  The Company has elected a June 30 fiscal year-end. The
consolidated financial statements include the accounts of the Company and its
wholly owned subsidiary VOL.  All material intercompany balances have
been eliminated.




B. Revenue
Recognition




Revenues
from document formatting and virtual office services are recognized at the time
the services have been provided to the customer.




C.
  Basic
Earnings (Loss) Per Share





Basic net
loss per share amounts is computed by dividing the net loss by the weighted
average number of common shares outstanding.  Diluted earnings per share
are the same as basic earnings per share due to the lack of dilutive items in
the Company.


6


ASIA
DOCUMENT TRANSITION, INC.


(A
DEVELOPMENT STAGE COMPANY)


NOTES
TO FINANCIAL STATEMENTS





NOTE
2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)





D.
  Cash and
Cash Equivalents





For
purpose of reporting the statement of flows, cash and cash equivalents include
highly liquid investments with investments with maturities of three months or
less at the time of purchase.





E.     Property and
Equipment





The value
of fixed assets is at historical cost as required by generally accepted
accounting principles. Depreciation is calculated on a straight-line over the 5
year expected useful life of the asset as follows:


Fixed
assets at June 30, 2008 are comprised as follows:





Office
      and computer equipment
                  
                  $
                  2,610Furniture
      and Fixtures
                  
                  
                  1,394Leasehold
      improvement
                  
                  
                  2,710Accumulated
      Depreciation
                  
                  
                  (1,372
                  )Net
      Property and Equipment
                  
                  $
                  5,342





Depreciation
of $332 had been accounted for during the quarter ended March 31,
2009.




F.
Foreign currency
translation




Assets
and liabilities of the Company whose functional currency is the Hong Kong dollar
are translated into U.S. dollars at exchange rates prevailing at the balance
sheet date. Revenues and expenses are translated at average exchange rates for
the year. The net exchange differences resulting from these translations will be
reported in other income. Gains and losses resulting from foreign currency
transactions will be included the consolidated statements of operations. There
are no exchange differences or gains and losses resulting from foreign currency
translations to report for the period commencing with inception and ending March
31, 2009.





G.
Related Party Notes
Payable





Notes
Payable consists of $103,213 in loans made by an officer and shareholder of the
Company to the Company and its wholly owned subsidiary, VOL. These loans bear no
interest, are unsecured and due and payable upon demand.


7





ASIA
DOCUMENT TRANSITION, INC.


(A
DEVELOPMENT STAGE COMPANY)


NOTES
TO FINANCIAL STATEMENTS





NOTE
2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)





H.
   Use
of Estimates





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





I.
  Development
Stage





The
Company continues to devote substantially all of its efforts in the development
of its plan to(a) provide services consisting of converting documents from word
processing format to HTML in order that they may be filed with the
SEC  electronically  through EDGAR, the SEC's Electronic
Data Gathering,  Analysis, and Retrieval system and (b) providing of
mailing address, phone and fax service, internet access temporary meeting space
(“Virtual Office Services”) to small and single operator businesses
within  Hong Kong .





J.
  Income
Taxes





The
Company provides for income taxes under Statement of Financial Accounting
Standards No. 109, Accounting for Income Taxes. SFAS No. 109 requires the use of
an asset and liability approach in accounting for income taxes. Deferred tax
assets and liabilities are recorded based on the differences between the
financial statement and tax bases of assets and liabilities and the tax rates in
effect when these differences are expected to reverse. SFAS No. 109 requires the
reduction of deferred tax assets by a valuation allowance if, based on the
weight of available evidence, it is more likely than not that some or all of the
deferred tax assets will not be realized.





The
provision for income taxes differs from the amounts which would be provided by
applying the statutory federal income tax rate to net loss before provision for
income taxes for the following reasons:




June
      30,2008
                        .Income
      tax expense at statutory rate
                        
                        $
                        (11,133
                        )Valuation
      allowance
                        
                        
                        11,133Income
      tax expense per books
                        
                        $
                        -0-


8





ASIA
DOCUMENT TRANSITION, INC.


(A
DEVELOPMENT STAGE COMPANY)


NOTES
TO FINANCIAL STATEMENTS





J.
  Income
Taxes (Continued)





Net
deferred tax assets consist of the following components as of:





June
      30,2008
                            .NOL
      Carryover
                            
                            $
                            23,490Valuation
      allowance
                            
                            
                            (23,490
                            )Net
      deferred tax asset
                            
                            $
                            -0-





The
Company has a net operating loss carryover of $93,270 as of March 31, 2009 which
expires in 2028. Due to the change in ownership provisions of the Tax Reform Act
of 1986, net operating loss carry forwards for federal income tax reporting
purposes are subject to annual limitations. Should a change in ownership occur
net operating loss carry forwards may be limited as to use in future
years.





K.
Equity-based
compensation.





The
Company adopted SFAS No. 123-R effective January 1, 2006 using the
modified prospective method. Under this transition method, stock compensation
expense includes compensation expense for all stock-based compensation awards
granted on or after January 1,2006, based on the grant-date fair value
estimated in accordance with the provisions of SFAS No. 123-R.




NOTE
3.   COMMON STOCK TRANSACTIONS





On April
13, 2006 the Company issued 125,000 shares of common stock in exchange for
services valued at $1,000.





On April
17, 2006 the Company issued 375,000 shares of common stock to an outside
consultant for services valued at $3,000.




NOTE
4.   WARRANTS AND OPTIONS





There are
no warrants or options outstanding to acquire any additional shares of common
stock.


9





ASIA
DOCUMENT TRANSITION, INC.


(A
DEVELOPMENT STAGE COMPANY)


NOTES
TO FINANCIAL STATEMENTS




NOTE
5.   TRANSACTIONS WITH RELATED PARTY




On April
26, 2006, Bernard Chan, the Company’s sole Officer and Director, received
18,850,000 common shares of the Company in connection with the Company’s
acquisition of Vast Opportunity, Ltd.





As of
June 30, 2008, the Company is indebted to Bernard Chan in the amount of $85,366
for loans made by Bernard Chan to the Company and the Company’s wholly owned
subsidiary, VOL. These loans are unsecured and bear no interest and are due and
payable by the Company upon demand.





NOTE
6.RECENT ACCOUNTING
PRONOUNCEMENTS





In
December 2007, the FASB issued SFAS No. 141 (revised 2007) (“SFAS 141R”),
“Business Combinations”, which replaces SFAS 141. SFAS 141R retains the purchase
method of accounting for acquisitions, but requires a number of changes,
including changes in the way assets and liabilities are recognized in the
purchase accounting. It also changes the recognition of assets acquired and
liabilities assumed arising from contingencies, requires the capitalization of
in-process research and development at fair value, and requires the expensing of
acquisition-related costs as incurred. SFAS 141R is effective for fiscal years
beginning July 1, 2009 and will apply prospectively to business combinations
completed on or after that date. The Company’s management believes that this
statement will not have a significant impact on the Company’s financial
statements.





In
December 2007, the FASB issued SFAS No. 160 “Noncontrolling Interests in
Consolidated Financial Statements - an amendment of ARB No. 51” (“SFAS 160”).
SFAS 160 applies to all entities that prepare consolidated financial statements,
but will affect only those entities that have an outstanding non-controlling
interest in one or more subsidiaries or that deconsolidate a subsidiary. This
statement is effective for fiscal years, and interim periods within those fiscal
years, beginning on or after December 15, 2008. Earlier adoption is prohibited.
Management does not expect that the application of this standard will have any
significant effect on the Company's financial statements.





In March
2008, the FASB issued SFAS No. 161, “Disclosures about Derivative Instruments
and Hedging Activities-an amendment of FASB Statement No. 133” (“SFAS 161”).
SFAS 161 requires enhanced disclosures about an entity's derivative and hedging
activities, including (a) how and why an entity uses derivative instruments, (b)
how derivative instruments and related hedged items are accounted for under SFAS
No. 133, “Accounting for Derivative Instruments and Hedging Activities” (“SFAS
133”), and its related interpretations, and (c) how derivative instruments and
related hedged items affect an entity's financial position, financial
performance, and cash flows. SFAS 161 is effective for financial statements
issued for fiscal years and interim periods beginning after November 15, 2008.
The Company does not expect that the adoption of the above recent pronouncements
will have a material effect on the Company's financial
statements.


10





ASIA
DOCUMENT TRANSITION, INC.


(A
DEVELOPMENT STAGE COMPANY)


NOTES
TO FINANCIAL STATEMENTS





In May
2008, the FASB issued SFAS No. 162, “The Hierarchy of Generally Accepted
Accounting Principles” (“SFAS 162”).  SFAS 162 identifies the sources
of accounting principles and the framework for selecting the principles used in
the preparation of financial statements of nongovernmental entities that are
presented in conformity with generally accepted accounting principles in the
United States of America. The sources of accounting principles that are
generally accepted are categorized in descending order as follows:





a) FASB
Statements of Financial Accounting Standards and Interpretations, FASB Statement
133 Implementation Issues, FASB Staff Positions, and American Institute of
Certified Public Accountants (“AICPA”) Accounting Research Bulletins and
Accounting Principles Board Opinions that are not superseded by actions of the
FASB.





b) FASB
Technical Bulletins and, if cleared by the FASB, AICPA Industry Audit and
Accounting Guides and Statements of Position.





c) AICPA
Accounting Standards Executive Committee Practice Bulletins that have been
cleared by the FASB, consensus positions of the FASB Emerging Issues Task Force
(“EITF”), and the Topics discussed in Appendix D of EITF Abstracts (“EITF
D-Topics”).





d)
Implementation guides (Q&As) published by the FASB staff, AICPA Accounting
Interpretations, AICPA Industry Audit and Accounting Guides and Statements of
Position not cleared by the FASB, and practices that are widely recognized and
prevalent either generally or in the industry.





SFAS 162
is effective 60 days following the Securities and Exchange Commission’s approval
of the Public Company Accounting Oversight Board amendment to its authoritative
literature. It is only effective for nongovernmental entities; therefore, the
GAAP hierarchy will remain in SAS 69 for state and local governmental entities
and federal governmental entities. The management of the Company does not expect
the adoption of this pronouncement to have a material impact on its financial
statements.





On May
26, 2008, the FASB issued SFAS No. 163, “Accounting for Financial Guarantee
Insurance Contracts” (“SFAS 163”). SFAS 163 clarifies how SFAS No. 60,
“Accounting and Reporting by Insurance Enterprises” (“SFAS 60”), applies to
financial guarantee insurance contracts issued by insurance enterprises,
including the recognition and measurement of premium revenue and claim
liabilities. It also requires expanded disclosures about financial guarantee
insurance contracts.


11





ASIA
DOCUMENT TRANSITION, INC.


(A
DEVELOPMENT STAGE COMPANY)


NOTES
TO FINANCIAL STATEMENTS





The
accounting and disclosure requirements of SFAS 163 are intended to improve the
comparability and quality of information provided to users of financial
statements by creating consistency. Diversity exists in practice in accounting
for financial guarantee insurance contracts by insurance enterprises under SFAS
60. That diversity results in inconsistencies in the recognition and measurement
of claim liabilities because of differing views about when a loss has been
incurred under FASB SFAS No. 5, “Accounting for Contingencies” (“SFAS 5”). SFAS
163 requires that an insurance enterprise recognize a claim liability prior to
an event of default when there is evidence that credit deterioration has
occurred in an insured financial obligation. It also requires disclosure about
(a) the risk-management activities used by an insurance enterprise to evaluate
credit deterioration in its insured financial obligations and (b) the insurance
enterprise’s surveillance or watch list.





SFAS 163
is effective for financial statements issued for fiscal years beginning after
December 15, 2008, and all interim periods within those fiscal years, except for
disclosures about the insurance enterprise’s risk-management activities.
Disclosures about the insurance enterprise’s risk-management activities are
effective the first period beginning after issuance of SFAS 163. Except for
those disclosures, earlier application is not permitted. The management of the
Company does not expect the adoption of this pronouncement to have material
impact on its financial statements.





NOTE
7.  GOING CONCERN





The
accompanying financial statements have been prepared in conformity with
generally accepted accounting principle, which contemplate continuation of the
Company as a going concern.  However, The
Company has anegativenetworking
capital of US$99,648 as of March 31, 2009and
anet loss
of$32,745and$32,348
for the year endedJune
30, 2008
and 2007 respectively.  The Company currently has limited
liquidity, and has not completed its efforts to establish a stabilized source of
revenues sufficient to cover operating costs over an extended period of
time.





Management
anticipates that the Company will be dependent, for the near future, on
additional investment capital to fund operating expenses.  The Company
intends to position itself so that it may be able to raise additional funds
through the capital markets. In light of management’s efforts, there are no
assurances that the Company will be successful in this or any of its endeavors
or become financially viable and continue as a going concern.


12





ASIA
DOCUMENT TRANSITION, INC.


(A
DEVELOPMENT STAGE COMPANY)


NOTES
TO FINANCIAL STATEMENTS





NOTE
8.  COMMITMENTS





The
Company leases its facilities under an operating lease commencing April 16, 2008
and expiring April 15, 2010.





Pursuant
to the lease, the Company is obligated to pay monthly rent of approximately
$1,722 as well as a management fee of $253.





The
following is a summary of future minimum lease payments under operating leases
as of June 30, 2008. Rental expense was $28,053 for the year ended June 30,
2008.





Twelve
months ending June 30,





$2009
                  
                  
                  23,7002010
                  
                  
                  18,76342,463


13





ITEM
2. MANAGEMENT'S DISCUSSION AND ANALYSIS AND PLAN OF OPERATION





The
following discussion should be read in conjunction with our unaudited financial
statements and the notes thereto.





PRELIMINARY
NOTE REGARDING FORWARD-LOOKING STATEMENTS





This
discussion contains forward-looking statements. The reader should understand
that several factors govern whether any forward-looking statement contained
herein will be or can be achieved. Any one of those factors could cause actual
results to differ materially from those projected herein. These forward-looking
statements include plans and objectives of management for future operations,
including plans and objectives relating to the products and the future economic
performance of the company. Assumptions relating to the foregoing involve
judgments with respect to, among other things, future economic, competitive and
market conditions, future business decisions, and the time and money required to
successfully complete development projects, all of which are difficult or
impossible to predict accurately and many of which are beyond the control of the
company. Although the company believes that the assumptions underlying the
forward-looking statements contained herein are reasonable, any of those
assumptions could prove inaccurate and, therefore, there can be no assurance
that the results contemplated in any of the forward-looking statements contained
herein will be realized. Based on actual experience and business development,
the company may alter its marketing, capital expenditure plans or other
budgets, which may in turn affect the company's results of operations. In light
of the significant uncertainties inherent in the forward-looking statements
included therein, the inclusion of any such statement should not be regarded as
a representation by the company or any other person that the objectives or plans
of the company will be achieved.





RESULTS OF
OPERATIONS





The
following table shows the financial data of the consolidated statements of
operations of the Company and its subsidiaries for the 3-month periods ended
March 31, 2009 and March 31, 2008, as well as the
9-month periods ended March 31, 2009 and March 31,
2008.  The data should be read in conjunction with the audited
consolidated financial statements of the Company and related notes
thereto.


14





3-month
      Ended
                      
                      
                      9-month
      EndedMarch
      31,
                      
                      
                      March
      31,
                      
                      
                      March
      31,
                      
                      
                      March
      31,2009
                      
                      
                      2008
                      
                      
                      2009
                      
                      
                      2008(In
      US$ except per share data)Net
      Sales
                      
                      $
                      2,628
                      
                      
                      $
                      5,705
                      
                      
                      $
                      6,731
                      
                      
                      $
                      17,179Operating
      expensesDepreciation
      expenses
                      
                      
                      (332
                      )
                      
                      
                      (186
                      )
                      
                      
                      (1,056
                      )
                      
                      
                      (2,032
                      )Selling,
      general and administrative expenses
                      
                      
                      (9,596
                      )
                      
                      
                      (6,931
                      )
                      
                      
                      (25,853
                      )
                      
                      
                      (29,652
                      )Total
      Operating expenses
                      
                      
                      (9,928
                      )
                      
                      
                      (7,117
                      )
                      
                      
                      (26,909
                      )
                      
                      
                      (31,684
                      )Loss
      from operations
                      
                      
                      (7,300
                      )
                      
                      
                      (1,412
                      )
                      
                      
                      (20,178
                      )
                      
                      
                      (14,505
                      )Non-operating
      income (expense)Interest
      income
                      
                      
                      —
                      
                      
                      
                      —
                      
                      
                      
                      —
                      
                      
                      
                      —Loss
      on disposal of property and equipment
                      
                      
                      —
                      
                      
                      
                      —
                      
                      
                      
                      —
                      
                      
                      
                      (7,640
                      )Profit/(loss)
      before income tax and minority interests
                      
                      
                      (7,300
                      )
                      
                      
                      (1,412
                      )
                      
                      
                      (20,178
                      )
                      
                      
                      (22,145
                      )Provision
      for income taxes
                      
                      
                      —
                      
                      
                      
                      —
                      
                      
                      
                      —
                      
                      
                      
                      —Minority
      interests
                      
                      
                      —
                      
                      
                      
                      —
                      
                      
                      
                      —
                      
                      
                      
                      —Net
      income/(loss)
                      
                      
                      (7,300
                      )
                      
                      
                      (1,412
                      )
                      
                      
                      (20,178
                      )
                      
                      
                      (22,145
                      )Earnings
      (loss) per shareBasic
                      
                      
                      (0.00
                      )
                      
                      
                      
                      
                      
                      
                      (0.00
                      )





3-MONTHS
ENDED MARCH 31, 2009 COMPARED TO 3-MONTHS ENDED MARCH 31, 2008.





OPERATING
REVENUE





Since
commencing operations in April 2006, we have been engaged to providing
Edgarizing and Virtual Office businesses.  However, due mainly to the
inefficient minimal scale of operating the Edgarizing business, we temporarily
ceased its operation and continue only the operation of Virtual
Office.





For the
3-month period ended March 31, 2009, Asia Document Transition, Inc. generated
revenue in the amount of $2,628, as compared to $5,705 for the same
corresponding period in year 2007, a decrease of $3,077 or 53.9%.  The
decrease was primarily the result of fewer clients during the reporting quarter
ended March 31, 2009, as compared to the same corresponding period in year
2008.  During the quarter ended March 31, 2009, we provided our
virtual office services for an average of about 4 clients with an average
monthly fee earned per client in the amount of approximately US$300, versus an
average of 4 clients with an average monthly fee earned per client of
approximately US$440 with for the same corresponding period in year
2008.  In addition, the existing clients are being charged
comparatively less than those in year 2008 because of the current economic
downturn.





DEPRECIATION
EXPENSES





Depreciation
expenses for the 3-month period ended March 31, 2009 amounted to $332, as
compared to $186 for the same corresponding period in year 2008, an increase of
$146 or 78.5%.  This increase was the result of additional
depreciation recorded for the Company’s leasehold improvement which was carried
out in May 2008.  The remaining of these expenses was related to the
depreciation charged on office equipments and computers.


15





SELLING,
GENERAL AND ADMINISTRATIVE EXPENSES





For the
3-month period ended March 31, 2009, selling, general and administrative
expenses were $9,596, compared to $6,931 for the same corresponding period in
year 2008, an increase of $2,665 or 38.5%.  This increase was
primarily the result of additional professional fees paid to various parties in
relation to the Company’s preparation and filing of the registration
statement.





INTEREST
INCOME





Interest
income was none for the reporting 3-month period ended March 31, 2009,
compared to none for the same corresponding period in year 2008.





NET
LOSS





Net loss
was $7,300 for the reporting 3-month period ended March 31, 2009, as compared to
$1,412 for the same corresponding period in year 2008, an increase of $5,888 or
417.0%.The
increase was mainly the result of a combination of the decrease in net sales in
the amount of $3,077 and increase of operating expenses in the amount of $2,665
mentioned above.





9-MONTHS
ENDED MARCH 31, 2009 COMPARED TO 9-MONTHS ENDED MARCH 31, 2008.





OPERATING
REVENUE





For the
9-month period ended March 31, 2009, Asia Document Transition, Inc. generated
revenue in the amount of $6,731, as compared to $17,179 for the same
corresponding period in year 2008, a decrease of $10,448 or
60.8%.  The decrease was primarily the result of fewer clients during
the nine-month period ended March 31, 2009, as compared to the same
corresponding period in year 2008.  During the 9-month period ended
March 31, 2009, we provided our virtual office services for an average of about
2.5 clients with an average monthly fee earned per client in the amount of
approximately US$300, versus an average of 4 clients with an average monthly fee
earned per client of approximately US$450 for the same corresponding period in
year 2008.  In addition, the existing clients are being charged
comparatively less than those in year 2008 because of the current economic
downturn.





DEPRECIATION
EXPENSES





Depreciation
expenses for the 9-month period ended March 31, 2009 amounted to $1,056, as
compared to $2,032 for the same corresponding period in year 2008, a decrease of
$976 or 48.0%.  The decrease was primarily the result of the
discontinuation of depreciation charge in the amount of approximately $1,380 of
the Company’s vehicle that was disposed in September 2007, offsetting by the
increase in depreciation charge on leasehold improvement for the reporting
period in the amount of approximately $400.


16





SELLING,
GENERAL AND ADMINISTRATIVE EXPENSES





For the
9-month period ended March 31, 2009, selling, general and administrative
expenses were $25,853, compared to $29,652 for the same corresponding period in
year 2008, a decrease of $3,799 or 12.8%.  This decrease was primarily
a combination of the decrease in auto expenses in the amount of approximately
$2,200 and the refund of rental deposit in the amount of approximately $4,300,
offsetting by the increase in additional professional fees in the amount of
approximately $3,000 paid to various parties in relation to the Company’s
preparation and filing of the registration statement.





INTEREST
INCOME





Interest
income was none for the reporting 9-month period ended March 31, 2009,
compared to none for the same corresponding period in year 2008.





NET
LOSS





Net loss
was approximately $20,178 for the reporting 9-month period ended March 31, 2009,
as compared to $22,145 for the same corresponding period in year 2008, a
decrease of $1,967 or 8.9%.The decrease in
net loss was primarily due to the additional loss from the disposal of the
Company’s vehicle in 2007 versus none in year 2008 for the reporting 9-month
period ended March 31, 2009.  In addition, the decrease in net sales,
the decrease in auto related expenses, and the refund of rental deposit,
offsetting by additional professional fees paid of the operating expenses
mentioned above contributed to the remaining difference in the net loss, as we
compared the two 9-month periods ended March 31, 2009 and March 31,
2008.





LIQUIDITY
AND CAPITAL RESOURCES





As of
March 31, 2009, cash and cash equivalents totaled $1,590; and the net cash
increase during the 9-month period ended March 31, 2009 was $71.  This
net cash increase position was the result of net cash provided by financing
activities in the amount of $17,847, offsetting by net cash used in operating
activities in the amount of $17,776.  The cash increase in financing
activities was the result of additional loans from related party.  The
net cash used by operating activities was mainly the result of increase
overheads expenses to maintain Company office and spaces to provide services for
clients as well as additional professional fees in relation to our preparation
and filings of a registration statement.





We
believe that the level of financial resources is a significant factor for our
future development, and accordingly we may choose at any time to raise capital
through private debt or equity financing to strengthen its financial position,
facilitate growth and provide us with additional flexibility to take advantage
of business opportunities.  However, we do not have immediate plans to
have a public offering of our common stock.


17





CRITICAL
ACCOUNTING POLICIES





In
presenting our financial statements in conformity with generally accepted
accounting principles, we are required to make estimates and assumptions that
affect the amounts reported therein. Several of the estimates and assumptions we
are required to make relate to matters that are inherently uncertain as they
pertain to future events. However, events that are outside of our control cannot
be predicted and, as such, they cannot be contemplated in evaluating such
estimates and assumptions. If there is a significant unfavorable change to
current conditions, it could result in a material adverse impact to our
consolidated results of operations, financial position and liquidity. We believe
that the estimates and assumptions we used when preparing our financial
statements were the most appropriate at that time. Presented below are those
accounting policies that we believe require subjective and complex judgments
that could potentially affect reported results. However, the majority of our
businesses operate in environments where we pay a fee for a service performed,
and therefore the results of the majority of our recurring operations are
recorded in our financial statements using accounting policies that are not
particularly subjective, nor complex.




Valuation
of long-lived assets





We review
our long-lived assets for impairment, including property, plant and equipment,
and identifiable intangibles with definite lives, whenever events or changes in
circumstances indicate that the carrying amount of the assets may not be fully
recoverable. To determine recoverability of our long-lived assets, we evaluate
the probability that future undiscounted net cash flows will be greater than the
carrying amount of our assets. Impairment is measured based on the difference
between the carrying amount of our assets and their estimated fair
value.





Allowance
for Doubtful Accounts





We
perform ongoing credit evaluations of our customers and adjust credit limits
based upon customer payment history and current creditworthiness. We
continuously monitor collections and payments from our customers and maintain a
provision for estimated credit losses based upon our historical experience and
any specific customer collection issues that have been identified. While such
credit losses have historically been within our expectations and the provisions
established, we cannot guarantee that we will continue to experience credit loss
rates similar to those we have experienced in the past. Measurement of such
losses requires consideration of historical loss experience, including the need
to adjust for current conditions, and judgments about the probable effects of
relevant observable data, including present economic conditions such as
delinquency rates and financial health of specific customers.





Goodwill
on consolidation





Our
long-lived assets include goodwill. SFAS No. 142 "Goodwill and Other
Intangible Assets" requires that goodwill be tested for impairment at the
reporting unit level (operating segment or one level below an operating segment)
on an annual basis and between annual tests in certain circumstances.
Application of the goodwill impairment test requires judgment, including the
identification of reporting units, assigning assets and liabilities to reporting
units, assigning goodwill to reporting units, and determining the fair value of
each reporting unit. Significant judgments required to estimate the fair value
of reporting units include estimating future cash flows, determining appropriate
discount rates and other assumptions. Changes in these estimates and assumptions
could materially affect the determination of fair value for each reporting
unit.


18


Going
Concern





The
accompanying financial statements have been prepared in conformity with
generally accepted accounting principles, which contemplate continuation of the
Company as a going concern.  To date, the Company generated only
nominal revenue, is considered a development stage company, has experienced
recurring net operating losses, had a net loss of $(7,300) for the three months
ended March 31, 2009, and a working capital deficiency of $89,270 at March 31,
2009.  These factors raise substantial doubt about the Company’s
ability to continue as a going concern.  These financial statements do
not include any adjustments relating to the recoverability and classification of
recorded asset amounts, or amounts and classification of liabilities that might
result from this uncertainty. We will need to raise funds or implement our
business plan to continue operations.





Off-Balance Sheet
Arrangements





We do not
have any off-balance sheet arrangements that have or are reasonably likely to
have a current or future effect on our financial condition, changes in financial
condition, revenues or expenses, results of operations, liquidity, capital
expenditures or capital resources that is material to investors.





ITEM
3.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET
RISK





As a
“smaller reporting company” as defined by Item 10 of Regulation S-K, the Company
is not required to provide information required by this Item.





Item4A(T). CONTROLS AND
PROCEDURES




Internal
Control over Financial Reporting.





Our
management is responsible for establishing and maintaining adequate internal
control over financial reporting.  Internal control over financial
reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the
Securities Exchange Act of 1934 as a process designed by, or under the
supervision of, the company’s principal executive and principal financial
officers and effected by the company’s board of directors, management and other
personnel, to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external
purposes in accordance with accounting principles generally accepted in the
United States of America and includes those policies and procedures
that:





·
            Pertain
      to the maintenance of records that in reasonable detail accurately and
      fairly reflect the transactions and dispositions of the assets of the
      company;





·
            Provide
      reasonable assurance that transactions are recorded as necessary to permit
      preparation of financial statements in accordance with accounting
      principles generally accepted in the United States of America and that
      receipts and expenditures of the company are being made only in accordance
      with authorizations of management and directors of the company; and
      Provide reasonable assurance regarding prevention or timely detection of
      unauthorized acquisition, use or disposition of the company’s assets that
      could have a material effect on the financial
  statements.


19


Because
of its inherent limitations, internal control over financial reporting may not
prevent or detect misstatements.  Projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may become
inadequate because of changes in conditions, or that the degree of compliance
with the policies or procedures may deteriorate.  All internal control
systems, no matter how well designed, have inherent
limitations.  Therefore, even those systems determined to be effective
can provide only reasonable assurance with respect to financial statement
preparation and presentation.  Because of the inherent limitations of
internal control, there is a risk that material misstatements may not be
prevented or detected on a timely basis by internal control over financial
reporting. However, these inherent limitations are known features of the
financial reporting process.  Therefore, it is possible to design into
the process safeguards to reduce, though not eliminate, this risk.





As of
March 31, 2009, management assessed the effectiveness of our internal control
over financial reporting based on the criteria for effective internal control
over financial reporting established in Internal Control—Integrated Framework
issued by the Committee of Sponsoring Organizations of the Treadway Commission
("COSO") and SEC guidance on conducting such assessments.  Based on
that evaluation, they concluded that, during the period covered by this report,
such internal controls and procedures were not effective to detect the
inappropriate application of US GAAP rules as more fully described
below.  This was due to deficiencies that existed in the design or
operation of our internal controls over financial reporting that adversely
affected our internal controls and that may be considered to be material
weaknesses.





The
matters involving internal controls and procedures that our management
considered to be material weaknesses under the standards of the Public Company
Accounting Oversight Board were: (1) lack of a functioning audit committee due
to a lack of a majority of independent members and a lack of a majority of
outside directors on our board of directors, resulting in ineffective oversight
in the establishment and monitoring of required internal controls and
procedures; (2) inadequate segregation of duties consistent with control
objectives; and (3) ineffective controls over period end financial disclosure
and reporting processes.  The aforementioned material weaknesses were
identified by our Chief Executive Officer in connection with the review of our
financial statements as of March 31, 2009.





Management
believes that the material weaknesses set forth in items (2) and (3) above did
not have an effect on our financial results.  However, management
believes that the lack of a functioning audit committee and the lack of a
majority of outside directors on our board of directors results in ineffective
oversight in the establishment and monitoring of required internal controls and
procedures, which could result in a material misstatement in our financial
statements in future periods.





Management’s
Remediation Initiatives





In an
effort to remediate the identified material weaknesses and other deficiencies
and enhance our internal controls, we have initiated, or plan to initiate, the
following series of measures:





·
            We
      will create a position to segregate duties consistent with control
      objectives and will increase our personnel resources and technical
      accounting expertise within the accounting function when funds are
      available to us.





·
            We
      plan to appoint one or more outside directors to our board of directors
      who shall be appointed to an audit committee resulting in a fully
      functioning audit committee who will undertake the oversight in the
      establishment and monitoring of required internal controls and procedures
      such as reviewing and approving estimates and assumptions made by
      management when funds are available to
us.


20





Management
believes that the appointment of one or more outside directors, who shall be
appointed to a fully functioning audit committee, will remedy the lack of a
functioning audit committee and a lack of a majority of outside directors on our
Board.





We
anticipate that these initiatives will be at least partially, if not fully,
implemented by December 31, 2009.  Additionally, we plan to test our
updated controls and remediate our deficiencies by December 31,
2009.





Changes
in Internal Control Over Financial Reporting




There
were no changes (including corrective actions with regard to significant
deficiencies or material weaknesses) in our internal controls over financial
reporting that occurred during the third quarter of fiscal 2009 that has
materially affected, or is reasonably likely to materially affect, our internal
control over financial reporting.




PART
II - OTHER INFORMATION





ITEM 1. LEGAL PROCEEDINGS





There are
no legal proceedings which are pending or have been threatened against us or any
of our officers, directors or control persons of which management is
aware.





ITEM
1A.              RISK
FACTORS.





As a
“smaller reporting company” as defined by Item 10 of Regulation S-K, the Company
is not required to provide information required by this Item





ITEM 2.   UNREGISTERED SALES OF EQUITY
SECURITIES





Except as
may have previously been disclosed on a current report on Form 8-K or the
Company’s Registration Statement on Form S-1, we have not sold any of our
securities in a private placement transaction or otherwise during the past three
years.





ITEM 3.      DEFAULTS UPON SENIOR
SECURITIES





Not
applicable.





ITEM 4.     
SUBMISSION OF MATTERS TO A VOTE
OF SECURITY HOLDERS





None.




ITEM 5.     
OTHER
INFORMATION





None


21





ITEM 6. EXHIBITS





Exhibit
                No.
              
              Description31
              
              Certification
      of Principal Executive Officer and Principal Financial Officer filed
      pursuant to Section 302 of the Sarbanes-Oxley Act of
  2002.32
              
              Certification
      of Principal Executive Officer and Principal Financial Officer furnished
      pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of
      the Sarbanes-Oxley Act of
2002.




SIGNATURES





In
accordance with the Securities Exchange Act of 1934, this report has been signed
below by the following persons on behalf of the Registrant and in the capacities
and on the dates indicated.





ASIA
      DOCUMENT TRANSITION, INC.Date:
      May13, 2009
                By:
                /s/ Bernard
      ChanBernard
      ChanDirector,
      CEO, President and
Treasurer





EXHIBIT
INDEX





Exhibit
                No.
              
              Description31
              
              Certification
      of Principal Executive Officer and Principal Financial Officer filed
      pursuant to Section 302 of the Sarbanes-Oxley Act of
  2002.32
              
              Certification
      of Principal Executive Officer and Principal Financial Officer furnished
      pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of
      the Sarbanes-Oxley Act of
2002.


22