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 December 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 February 1,
2010.





TABLE
OF CONTENTS







PART
      I - FINANCIAL INFORMATIONITEM
      1.
                  INTERIM
      FINANCIAL STATEMENTS
                  1ITEM
      2.
                  MANAGEMENT'S
      DISCUSSION OF OPERATIONS AND FINANCIAL CONDITION
                  11ITEM
      3.
                  QUANTITATIVE
      AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
                  16ITEM
      4.
                  CONTROLS
      AND PROCEDURES
                  16PART
      II - OTHER INFORMATIONITEM
      1.
                  LEGAL
      PROCEEDINGS
                  16ITEM
      1A
                  RISK
      FACTORS
                  16ITEM
      2.
                  UNREGISTERED
      SALES OF EQUITY SECURITIES
                  16ITEM
      3.
                  DEFAULTS
      UPON SENIOR SECURITIES
                  16ITEM
      4.
                  SUBMISSION
      OF MATTERS TO A VOTE OF SECURITY HOLDERS
                  16ITEM
      5.
                  OTHER
      INFORMATION
                  17ITEM
      6.
                  EXHIBITS
                  17SIGNATURES
                  
                  17


1


PART
I             FINANCIAL
INFORMATION





Item
1—Financial Statements





ASIA
DOCUMENT TRANSITION, INC.


CONDENSED
CONSOLIDATED BALANCE SHEETS


(A
Development Stage Company)





As of
                            December 31, 2009
                          
                          
                          As of
                            June 30, 2009(Unaudited)ASSETSCURRENT
      ASSETSCash
      and cash equivalents
                          
                          $
                          2,580
                          
                          
                          $
                          1,673Prepaid
      expenses
                          
                          
                          -
                          
                          
                          
                          1,975Total
      Current Assets
                          
                          
                          2,580
                          
                          
                          
                          3,648PROPERTY
      AND EQUIPMENT, net
                          
                          
                          3,289
                          
                          
                          
                          3,954OTHER
      ASSETSDeposits
                          
                          
                          6,092
                          
                          
                          
                          6,092TOTAL
      ASSETS
                          
                          
                          11,961
                          
                          
                          
                          13,694LIABILITIES AND STOCKHOLDERS' EQUITY
      (DEFICIT)CURRENT
      LIABILITIESAccounts
      payable and accrued expenses
                          
                          $
                          -
                          
                          
                          $
                          -Other
      payable
                          
                          
                          256
                          
                          
                          
                          256Related
      party notes payables
                          
                          
                          136,067
                          
                          
                          
                          115,924Total
      Current Liabilities
                          
                          
                          136,323
                          
                          
                          
                          116,181NON-CURRENT
      LIABILITIES
                          
                          
                          -
                          
                          
                          
                          -TOTAL
      LIABILITIES
                          
                          
                          136,323
                          
                          
                          
                          116,181STOCKHOLDERS'
      EQUITY (DEFICIT)Common
      stock, $0.001 par value, 100,000,000 shares authorized, 25,000,000 shares
      issued and outstanding
                          
                          
                          25,000
                          
                          
                          
                          25,000Deficit
      accumulated during the development stage
                          
                          
                          (149,362
                          )
                          
                          
                          (127,487
                          )Total
      Stockholders' Equity (Deficit)
                          
                          
                          (124,362
                          )
                          
                          
                          (102,487
                          )TOTAL
      LIABILITIES AND STOCKHOLDERS' EQUIT (DEFICIT)
                          
                          $
                          11,961
                          
                          
                          $
                          13,694





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




2




ASIA
DOCUMENT TRANSITION, INC.


UNAUDITED
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS


(A
Development Stage Company)





From
                  Inception
                  April 13,
                  3006 toThree months ended
                  December 31,
                
                
                Six months ended
                  December 31,
                
                
                December
                  31, 20092009
                
                
                2008
                
                
                2009
                
                
                2008
                
                
                (Cumulative)SALES
                
                $
                2,372
                
                
                $
                2,372
                
                
                $
                4,744
                
                
                $
                4,103
                
                
                $
                54,273COST
      OF SALES
                
                
                —
                
                
                
                —
                
                
                
                —
                
                
                
                —
                
                
                
                500Gross
      Profit:
                
                $
                2,372
                
                
                $
                2,372
                
                
                $
                4,744
                
                
                $
                4,103
                
                
                $
                53,773EXPENSESDepreciation
      expenses
                
                $
                332
                
                
                $
                436
                
                
                $
                665
                
                
                $
                724
                
                
                $
                10,330Selling,
      general and administrative expenses
                
                
                18,466
                
                
                
                9,599
                
                
                
                25,954
                
                
                
                16,257
                
                
                
                160,165Total
      Expenses
                
                
                18,798
                
                
                
                10,035
                
                
                
                26,619
                
                
                
                16,981
                
                
                
                170,495LOSS
      FROM OPERATIONS
                
                
                (16,427
                )
                
                
                (7,663
                )
                
                
                (21,875
                )
                
                
                (12,878
                )
                
                
                (116,723
                )OTHER
      INCOME (EXPENSES)Interest
      expense
                
                
                —
                
                
                
                —
                
                
                
                —
                
                
                
                —
                
                
                
                1Loss
      on disposal of property and equipment
                
                
                —
                
                
                
                —
                
                
                
                —
                
                
                
                —
                
                
                
                (7,640
                )Write-off
      of goodwill
                
                
                —
                
                
                
                —
                
                
                
                —
                
                
                
                —
                
                
                
                (25,000
                )Provision
      for income taxes
                
                
                —
                
                
                
                —
                
                
                
                —
                
                
                
                —
                
                
                
                —Net
      Loss
                
                $
                (16,427
                )
                
                $
                (7,663
                )
                
                $
                (21,875
                )
                
                $
                (12,878
                )
                
                
                (149,362
                )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.


3


ASIA
DOCUMENT TRANSITION, INC.


UNAUDITED
CONDENSED CONSOLIDATED STATEMENTS OF CASHFLOWS


(A
Development Stage Company)





For the six-month period ended
                      
                      
                      April 13, 2006
                        (inception) toDecember 31,
                        2009
                      
                      
                      December 31,
                        2008
                      
                      
                      December 31,
                        2009CASH
      FLOW FROM OPERATING ACTIVITIESNet
      Loss
                      
                      $
                      (21,875
                      )
                      
                      $
                      (12,878
                      )
                      
                      $
                      (149,362
                      )Adjustments
      to reconcile net loss to net cash (used in) provided by operating
      activitiesDecrease
      (increase) in account receivables
                      
                      
                      -
                      
                      
                      
                      1,602
                      
                      
                      
                      -Loss
      on disposal of property and equipment
                      
                      
                      -
                      
                      
                      
                      -
                      
                      
                      
                      7,640Depreciation
      Expense
                      
                      
                      665
                      
                      
                      
                      724
                      
                      
                      
                      10,332-
                      
                      
                      
                      -
                      
                      
                      
                      25,000Increase
      in Pre-payment and deposit
                      
                      
                      1,975
                      
                      
                      
                      -
                      
                      
                      
                      (12,541
                      )Increase
      in other payables
                      
                      
                      -
                      
                      
                      
                      (256
                      )
                      
                      
                      256Net
      Cash provided by (used in) Operating Activities
                      
                      $
                      (19,235
                      )
                      
                      $
                      (10,808
                      )
                      
                      $
                      (118,675
                      )CASH
      FLOWS FROM INVESTING ACTIVITIESPurchase
      of property and equipment
                      
                      
                      -
                      
                      
                      
                      -
                      
                      
                      
                      (48,144
                      )Disposal
      of property and equipment
                      
                      
                      -
                      
                      
                      
                      -
                      
                      
                      
                      33,333Net
      Cash provided by (used in) Investing activities
                      
                      $
                      -
                      
                      
                      $
                      -
                      
                      
                      $
                      (14,811
                      )CASH
      FLOWS FROM FINANCING ACTIVITIESLoans
      from (repayment to) related parties
                      
                      
                      20,142
                      
                      
                      
                      11,563
                      
                      
                      
                      136,066Net
      Cash provided by (used in) Financing Activities
                      
                      $
                      20,142
                      
                      
                      $
                      11,563
                      
                      
                      $
                      136,066NET
      INCREASE (DECREASE) IN CASH
                      
                      
                      907
                      
                      
                      
                      755
                      
                      
                      
                      2,580Cash
      beginning of period
                      
                      
                      1,673
                      
                      
                      
                      1,519
                      
                      
                      
                      -Cash
      end of period
                      
                      $
                      2,580
                      
                      
                      $
                      2,274
                      
                      
                      $
                      2,580





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


4





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.


5


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 December 31, 2009 are comprised as follows:





Office
      and computer equipment
                  
                  $
                  1,818Furniture
      and Fixtures
                  
                  
                  904Leasehold
      improvement
                  
                  
                  2,620Accumulated
      Depreciation
                  
                  
                  (2,053
                  )Net
      Property and Equipment
                  
                  $
                  3,289





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





G.
Related Party Notes
Payable





Notes
Payable consists of $136,067 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.


6


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 accounts for income taxes in accordance with authoritative guidance on
deferred income taxes which 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:




December 31,2009    .Income
      tax expense at statutory rate
                  
                  $
                  (11,057
                  )Valuation
      allowance
                  
                  
                  11,057Income
      tax expense per books
                  
                  $
                  -0-


7


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:





December 31,2009     .NOL
      Carryover
                  
                  $
                  35,547Valuation
      allowance
                  
                  
                  (35,547
                  )Net
      deferred tax asset
                  
                  $
                  -0-





The
Company has a net operating loss carryover of $149,362 as of December 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 accounts for its equity-based compensation 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’s estimated fair
value.





NOTE
3.   COMMON STOCK TRANSACTIONS




The
Company did not issue any shares of common stock during the reporting quarter
ended December 31, 2009.





NOTE
4.   WARRANTS AND OPTIONS




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


8


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
December 31, 2009, the Company is indebted to Bernard Chan in the amount of
$136,067 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 June
2009, the FASB issued Statement of Financial Accounting Standards No. 165,
“Subsequent Events,” (“SFAS No. 165”). SFAS 165 establishes general standards of
accounting for and disclosure of events that occur after the balance sheet date
but before financial statements are issued or are available to be issued. SFAS
165 applies to both interim financial statements and annual financial
statements. SFAS 165 is effective for interim or annual financial periods ending
after June 15, 2009. SFAS 165 does not have a material impact on our financial
statements.




In
June 2009, the FASB issued Statement of Financial Accounting Standards
No. 166, “Accounting for Transfers of Financial Assets, an amendment to
SFAS No. 140,” (“SFAS 166”). SFAS 166 eliminates the concept of a
“qualifying special-purpose entity,” changes the requirements for derecognizing
financial assets, and requires additional disclosures in order to enhance
information reported to users of financial statements by providing greater
transparency about transfers of financial assets, including securitization
transactions, and an entity’s continuing involvement in and exposure to the
risks related to transferred financial assets. SFAS 166 is effective for fiscal
years beginning after November 15, 2009. The Company will adopt
SFAS 166 in fiscal 2010. The Company does not expect that the adoption of
SFAS 166 will have a material impact on the financial statements.




In June
2009, the FASB issued Statement of Financial Accounting Standards No. 167,“Amendments to FASB
Interpretation No. 46(R),” (“SFAS 167”). The amendments include: (1) the
elimination of the exemption for qualifying special purpose entities, (2) a new
approach for determining who should consolidate a variable-interest entity, and
(3) changes to when it is necessary to reassess who should consolidate a
variable-interest entity. SFAS 167 is effective for the first annual reporting
period beginning after November 15, 2009 and for interim periods within that
first annual reporting period. The Company will adopt SFAS 167 in fiscal 2010.
The Company does not expect that the adoption of SFAS 167 will have a material
impact on the financial statements.




9







ASIA
DOCUMENT TRANSITION, INC.


(A
DEVELOPMENT STAGE COMPANY)


NOTES
TO FINANCIAL STATEMENTS





NOTE 6. RECENT ACCOUNTING
PRONOUNCEMENTS (CON’T)




In June
2009, the FASB issued Statement of Financial Accounting Standards No. 168,
“The FASB Accounting Standards Codification and the Hierarchy of Generally
Accepted Accounting Principles,” (“SFAS 168”). SFAS 168 replaces FASB Statement
No. 162, “The Hierarchy of Generally Accepted Accounting
Principles”, and establishes the FASB Accounting Standards Codification
(“Codification”) as the source of authoritative accounting principles recognized
by the FASB to be applied by nongovernmental entities in the preparation of
financial statements in conformity with generally accepted accounting principles
(“GAAP”). SFAS 168 is effective for interim and annual periods ending after
September 15, 2009. The Company will begin to use the new Codification when
referring to GAAP in its annual report on Form 10-Q for the fiscal year ending
September 30, 2009. This will not have an impact on the results of the
Company.





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 a negative net
working capital of US$133,743 as of December 31, 2009 and a net loss of $16,427
and $7,663 for the quarters ended December 31, 2009 and 2008
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.





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 December 31, 2009. Rental expense was $23,000 for the period ended
December 31, 2009.





Twelve
months ending June 30,





2010
                      
                      $
                      18,76318,763




10


ITEM
2.  MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF
OPERATION





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
December 31, 2009 and December 31, 2008, as well as the
6-month periods ended December 31, 2009 and December 31,
2008.  The data should be read in conjunction with the audited
consolidated financial statements of the Company and related notes
thereto.





3-month
      Ended
                    
                    
                    6-month
      EndedDecember 31,
                    
                    
                    December 31,
                    
                    
                    December 31,
                    
                    
                    December 31,2009
                    
                    
                    2008
                    
                    
                    2009
                    
                    
                    2008(In
      US$ except per share data)Net
      Sales
                    
                    $
                    2,372
                    
                    
                    $
                    2,372
                    
                    
                    $
                    4,744
                    
                    
                    $
                    4,103Operating
      expensesDepreciation
      expenses
                    
                    
                    (332
                    )
                    
                    
                    (436
                    )
                    
                    
                    (665
                    )
                    
                    
                    (724
                    )Selling,
      general and administrative expenses
                    
                    
                    (18,466
                    )
                    
                    
                    (9,599
                    )
                    
                    
                    (25,954
                    )
                    
                    
                    (16,257
                    )Total
      Operating expenses
                    
                    
                    (18,798
                    )
                    
                    
                    (10,035
                    )
                    
                    
                    (26,619
                    )
                    
                    
                    (16,980
                    )Loss
      from operations
                    
                    
                    (16,427
                    )
                    
                    
                    (7,663
                    )
                    
                    
                    (21,875
                    )
                    
                    
                    (12,878
                    )Non-operating
      income (expense)Interest
      income
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —Loss
      on disposal of property and equipment
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —Profit/(loss)
      before income tax and minority interests
                    
                    
                    (16,427
                    )
                    
                    
                    (7,663
                    )
                    
                    
                    (21,875
                    )
                    
                    
                    (12,878
                    )Provision
      for income taxes
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —Minority
      interests
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —Net
      income/(loss)
                    
                    
                    (16,427
                    )
                    
                    
                    (7,663
                    )
                    
                    
                    (21,875
                    )
                    
                    
                    (12,878
                    )Earnings
      (loss) per shareBasic
                    
                    
                    (0.00
                    )
                    
                    
                    (0.00
                    )
                    
                    
                    (0.00
                    )
                    
                    
                    (0.00
                    )




11




3 MONTHS
ENDED DECEMBER 31, 2009 COMPARED TO 3 MONTHS ENDED DECEMBER 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 December 31, 2008, Asia Document Transition, Inc. generated
revenue in the amount of $2,372, as compared to $2,372 for the same
corresponding period in year 2007, the revenue remained
unchanged.  During the quarter ended December 31, 2009, we provided
our virtual office services for an average of 3 clients with an average monthly
fee earned per client in the amount of approximately US$260, which remained the
same for the corresponding period in year 2008.  In addition, the
existing clients are being charged in a similar manner because of the current
economic downturn.





DEPRECIATION
EXPENSES





Depreciation
expenses for the 3-month period ended December 31, 2009 amounted to $332, as
compared to $436 for the same corresponding period in year 2008, a decrease of
$104 or 23.9%.  This decrease was the result of discontinuation of one
amortized item during the reporting quarter.  The remaining of these
expenses was related to the depreciation charged on office equipments and
computers.





SELLING,
GENERAL AND ADMINISTRATIVE EXPENSES





For the
3-month period ended December 31, 2009, selling, general and administrative
expenses were $18,466, compared to $9,599 for the same corresponding period in
year 2008, an increase of $8,867 or 92.4%.  This increase was
primarily the result of yearend additional professional fees paid which were
accounted for previous year in relation to the Company’s preparation and filing
of the yearend report, Form 10-K.


12


INTEREST
INCOME





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





NET
LOSS





Net loss
was $16,427 for the reporting 3-month period ended December 31, 2009, as
compared to $7,663 for the same corresponding period in year 2008, an increase
of $8,764 or 114.4%.The increase was
primarily the result of the increase of SG&A expenses mentioned
above.





6 MONTHS
ENDED DECEMBER 31, 2009 COMPARED TO 6 MONTHS ENDED DECEMBER 31,
2008.





OPERATING
REVENUE





For the
6-month period ended December 31, 2009, Asia Document Transition, Inc. generated
revenue in the amount of $4,744, as compared to $4,103 for the same
corresponding period in year 2008, an increase of $641 or 15.6%.  The
increase was primarily the result of an average 3 client per month during the
six-month period ended December 31, 2009, as compared to an average of
approximate 2.5 clients per month the same corresponding period in year
2008.  During the 6-month period ended December 31, 2009, we provided
our virtual office services for an average of 3 clients with an average monthly
fee earned per client in the amount of approximately US$260, versus an average
of approximate 2.5 clients for the same corresponding period in year
2007.  In addition, the existing clients are being charged the same
because of the current economic downturn.





DEPRECIATION
EXPENSES





Depreciation
expenses for the 6-month period ended December 31, 2009 amounted to $665, as
compared to $724 for the same corresponding period in year 2008, a decrease of
$59 or 8.1%.  The decrease was primarily the result of discontinuation
of one amortized item during the reporting period.





SELLING,
GENERAL AND ADMINISTRATIVE EXPENSES





For the
6-month period ended December 31, 2009, selling, general and administrative
expenses were $25,954, compared to $16,257 for the same corresponding period in
year 2008, an increase of $9,697 or 59.6%.  This increase was
primarily the result of yearend additional professional fees paid which were
accounted for previous year in relation to the Company’s preparation and filing
of the yearend report, Form 10-K.


13


INTEREST
INCOME





Interest
income was none for the reporting 6-month period ended December 31, 2009,
compared to none for the same corresponding period in year 2008.





NET
LOSS





Net loss
was approximately $21,875 for the reporting 6-month period ended December 31,
2009, as compared to $12,878 for the same corresponding period in year 2008, an
increase of $8,997 or 69.9%.The increase in
net loss was primarily due to the additional SG&A expenses for professional
services incurred during previous year, but paid during the report period
mentioned above.





LIQUIDITY
AND CAPITAL RESOURCES





As of
December 31, 2009, cash and cash equivalents totaled $2,580.  This
cash position was the result of a result of net cash provided by financing
activities in the amount of $20,142, offsetting by net cash used in operating
activities in the amount of $19,235.  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 additional
professional fees in relation to our preparation and filings of previous yearend
report.





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.





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.


14


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.





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 $16,427 for the three months
ended December 31, 2009, and a working capital deficiency of $133,487 at
December 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.


15


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.





ITEM
4. CONTROLS AND PROCEDURES




Evaluation
of Disclosure Controls and Procedures





Our
management, with the participation of our Chief Executive Officer and Chief
Financial Officer, has evaluated the effectiveness of our disclosure controls
and procedures (as defined in Exchange Act Rule 13a-15(e)) as of
December 31, 2009. Based upon such evaluation, our Chief Executive Officer
and Chief Financial Officer have concluded that, as of December 31, 2009,
the Company’s disclosure controls and procedures were effective at the
reasonable assurance level.





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 second quarter of fiscal 2010 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.


16


ITEM
      5.
            OTHER
      INFORMATION





None




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:
      February 11, 2010
                      By:
                      /s/ Bernard ChanBernard
      ChanDirector,
      CEO, President, Secretary and
                        Treasurer





EXHIBIT
INDEX





Exhibit
                No.
              
              Description31.1
              
              Certification
      of Principal Executive Officer and Principal Financial Officer filed
      pursuant to Section 302 of the Sarbanes-Oxley Act of
  2002.32.1
              
              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.




17