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, 2010





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











011/852-2545-9133

















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   ̈





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  ̈ No
 ̈.




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 ̈
            
            AcceleratedFiler ̈
            
            Non-Accelerated
      Filer
               ̈
      (Do not check if a
              smaller
      reporting
              company)
            
            Smaller
      Reporting Companyþ





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





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





Common
Stock $.001 par value





There
were 25,000,000 shares of common stock outstanding as of April 30,
2010.








TABLE
OF CONTENTS







PART
      I - FINANCIAL INFORMATIONITEM
      1.
                          INTERIM
      FINANCIAL STATEMENTS
                          
                          3ITEM
      2.
                          MANAGEMENT'S
      DISCUSSION OF OPERATIONS AND FINANCIAL CONDITION
                          
                          13ITEM
      3
                          QUANTITATIVE
      AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
                          
                          18ITEM
      4A(T).
                          CONTROLS
      AND PROCEDURES
                          
                          18PART
      II - OTHER INFORMATIONITEM
      1.
                          LEGAL
      PROCEEDINGS
                          
                          19ITEM
      1A
                          RISK
      FACTORS
                          
                          19ITEM
      2.
                          UNREGISTERED
      SALES OF EQUITY SECURITIES
                          
                          19ITEM
      3.
                          DEFAULTS
      UPON SENIOR SECURITIES
                          
                          19ITEM
      4.
                          SUBMISSION
      OF MATTERS TO A VOTE OF SECURITY HOLDERS
                          
                          19ITEM
      5.
                          OTHER
      INFORMATION
                          
                          19ITEM
      6.
                          EXHIBITS
                          
                          19SIGNATURES
                          
                          20


2




PART
I           FINANCIAL
INFORMATION
 
 Item
1—Financial Statements
 
 ASIA DOCUMENT TRANSITION, INC.
 CONDENSED
CONSOLIDATED BALANCE SHEETS
 (A
Development Stage Company)
 
 As of
                        March 31, 2010
                      
                      
                      As of
                        June 30, 2009(Unaudited)
                      
                      
                      (AUDITED)ASSETSCURRENT
      ASSETSCash
      and cash equivalents
                      
                      $
                      2,552
                      
                      
                      $
                      1,673Prepaid
      expenses
                      
                      
                      -
                      
                      
                      
                      1,975Total
      Current Assets
                      
                      
                      2,552
                      
                      
                      
                      3,648PROPERTY
      AND EQUIPMENT, net
                      
                      
                      2,957
                      
                      
                      
                      3,954OTHER
      ASSETSDeposits
                      
                      
                      6,092
                      
                      
                      
                      6,092TOTAL
      ASSETS
                      
                      
                      11,601
                      
                      
                      
                      13,694LIABILITIES AND STOCKHOLDERS'
      DEFECITCURRENT
      LIABILITIESAccounts
      payable and accrued expenses
                      
                      $
                      -
                      
                      
                      $
                      -Other
      payable
                      
                      
                      -
                      
                      
                      
                      256Related
      party notes payables
                      
                      
                      140,696
                      
                      
                      
                      115,924Total
      Current Liabilities
                      
                      
                      140,696
                      
                      
                      
                      116,181NON-CURRENT
      LIABILITIES
                      
                      
                      -
                      
                      
                      
                      -TOTAL
      LIABILITIES
                      
                      
                      140,696
                      
                      
                      
                      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
                      
                      
                      (154,095
                      )
                      
                      
                      (127,487
                      )Total
      Stockholders' (Deficit)
                      
                      
                      (129,095
                      )
                      
                      
                      (102,487
                      )TOTAL
      LIABILITIES AND STOCKHOLDERS' EQUIT (DEFICIT)
                      
                      $
                      11,601
                      
                      
                      $
                      13,694
 
 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,
                                20102010
                              
                              
                              2009
                              
                              
                              2010
                              
                              
                              2009
                              
                              
                              (Cumulative)SALES
                              
                              $
                              2,372
                              
                              
                              $
                              2,628
                              
                              
                              $
                              7,116
                              
                              
                              $
                              6,731
                              
                              
                              $
                              56,645COST
      OF SALES
                              
                              
                              —
                              
                              
                              
                              —
                              
                              
                              
                              —
                              
                              
                              
                              —
                              
                              
                              
                              500Gross
      Profit:
                              
                              $
                              2,372
                              
                              
                              $
                              2,628
                              
                              
                              $
                              7,116
                              
                              
                              $
                              6,731
                              
                              
                              $
                              56,145EXPENSESDepreciation
      expenses
                              
                              $
                              332
                              
                              
                              $
                              332
                              
                              
                              $
                              997
                              
                              
                              $
                              1,056
                              
                              
                              $
                              10,663Selling,
      general and administrative expenses
                              
                              
                              6,772
                              
                              
                              
                              9,596
                              
                              
                              
                              23,726
                              
                              
                              
                              25,853
                              
                              
                              
                              166,938Total
      Expenses
                              
                              
                              7,104
                              
                              
                              
                              9,928
                              
                              
                              
                              33,723
                              
                              
                              
                              26,909
                              
                              
                              
                              177,601LOSS
      FROM OPERATIONS
                              
                              
                              (4,732
                              )
                              
                              
                              (7,300
                              )
                              
                              
                              (26,607
                              )
                              
                              
                              (20,178
                              )
                              
                              
                              (121,456
                              )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
                              
                              $
                              (4,732
                              )
                              
                              $
                              (7,300
                              )
                              
                              $
                              (26,607
                              )
                              
                              $
                              (20,178
                              )
                              
                              
                              (154,095
                              )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, 2010
                          
                          
                          March 31, 2009
                          
                          
                          March 31,
                            2009CASH
      FLOW FROM OPERATING ACTIVITIESNet
      Loss
                          
                          $
                          (26,608
                          )
                          
                          $
                          (20,178
                          )
                          
                          $
                          (154,095
                          )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
                          
                          
                          997
                          
                          
                          
                          1,056
                          
                          
                          
                          10,664-
                          
                          
                          
                          -
                          
                          
                          
                          25,000Increase
      in Pre-payment and deposit
                          
                          
                          1,975
                          
                          
                          
                          -
                          
                          
                          
                          (12,541
                          )Increase
      in other payables
                          
                          
                          (256
                          )
                          
                          
                          (256
                          )
                          
                          
                          -Net
      Cash provided by (used in) Operating Activities
                          
                          $
                          (23,892
                          )
                          
                          $
                          (17,776
                          )
                          
                          $
                          (123,332
                          )CASH
      FLOWS FROM INVESTING ACTIVITIESPurchase
      of property and equipment
                          
                          
                          -
                          
                          
                          
                          -
                          
                          
                          
                          (48,144
                          )Disposal
      of property and equipment
                          
                          
                          -
                          
                          
                          
                          -
                          
                          
                          
                          33,333Net
      Cash used in Investing activities
                          
                          $
                          -
                          
                          
                          $
                          -
                          
                          
                          $
                          (14,811
                          )CASH
      FLOWS FROM FINANCING ACTIVITIESLoans
      from (repayment to) related parties
                          
                          
                          24,771
                          
                          
                          
                          17,847
                          
                          
                          
                          140,695Net
      Cash provided by Financing Activities
                          
                          $
                          24,771
                          
                          
                          $
                          17,847
                          
                          
                          $
                          140,695NET
      INCREASE IN CASH
                          
                          
                          879
                          
                          
                          
                          71
                          
                          
                          
                          2,552Cash
      beginning of period
                          
                          
                          1,673
                          
                          
                          
                          1,519
                          
                          
                          
                          -Cash
      end of period
                          
                          $
                          2,552
                          
                          
                          $
                          1,590
                          
                          
                          $
                          2,552
 
 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 March 31, 2010 are comprised as follows:
 
 Office
      and computer equipment
                    
                    $
                    1,818Furniture
      and Fixtures
                    
                    
                    904Leasehold
      improvement
                    
                    
                    2,620Accumulated
      Depreciation
                    
                    
                    (2,385
                    )Net
      Property and Equipment
                    
                    $
                    2,957
 
 Depreciation
of $332 had been accounted for during the quarter ended March 31,
2010.
  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, 2010.
 
 G.
Related Party Notes
Payable
 
 Notes
Payable consists of $140,696 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 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:
  March
      31,2010Income
      tax expense  at statutory rate
                    
                    $
                    (
      1,609
                    )Valuation
      allowance
                    
                    
                    1,609Income
      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:
 
 March
      31,2010NOL
      Carryover
                        
                        $
                        
                        
                        
                        
                        52,392Valuation
      allowance
                        
                        
                        (52,392
                        )Net
      deferred tax asset
                        
                        $
                        -0-
                        
                        
                        
                        -0-
 
 The
Company has a net operating loss carryover of $154,095 as of March 31, 2010
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 March 31, 2010.
  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
March 31, 2010, the Company is indebted to Bernard Chan in the amount of
$140,696 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 Financial Accounting Standards Board (FASB) issued the Accounting Standards
CodificationTM(the Codification).  The Codification now is the
single source of authoritative accounting principles recognized by FASB to be
applied by nongovernmental entities in the preparation of financial statements
in conformity with Generally Accepted Accounting Principles (GAAP), in the
United States.  The Codification became effective for interim and annual
periods ending after September 15, 2009.  All other accounting
literature not included in the Codification will be non-authoritative, except
for additional authoritative rules and interpretive releases issued by the
United States Securities Exchange Commission (SEC).  The Codification is
not intended to change GAAP; instead, it reorganizes the thousands of US GAAP
pronouncements into approximately 90 Accounting Topics.  Adoption of the
Codification did not have an impact on our financial statements.
 
 In May
2009, new guidance was issued for accounting for subsequent events.  The
new guidance, which is now part of Accounting Standards Codification (ASC) Topic
855, Subsequent Events,
is consistent with existing auditing standards in its definition of subsequent
events, but requires disclosure of the date through which an entity has
evaluated subsequent events and the basis for that date.  There are two
types of subsequent events: (1) events that provide additional evidence
about conditions that existed at the balance sheet date, and are recognized in
the financial statements, and (2) events that provide evidence about
conditions that did not exist at the balance sheet date, but arose before the
financial statements are issued or are available to be issued, and are not
recognized at the balance sheet date.  The adoption of the new guidance had
no impact on our consolidated financial statements.  We evaluated all
events or transactions that occurred after December 31, 1009 up through March
31, 2010, the date these financial statements were issued and filed with the
SEC.
 
 In December 2007, new
guidance was issued for accounting for collaborative arrangements.  The new
guidance, which is now part of ASC Topic 808, Collaborative Arrangements,
is effective for fiscal years beginning after December 15, 2008.  The scope
of the new guidance is limited to collaborative arrangements where no separate
legal entity exists and in which the parties are active participants and are
exposed to significant risks and rewards that depend on the success of the
activity.  The new guidance requires certain income statement presentation
of transactions with third parties and of payments between parties to the
arrangement, along with disclosure about the nature and purpose of the
arrangement.  The adoption of the new guidance on January 1, 2009 did not
have a material impact on our financial statements.
  10
 
 ASIA
DOCUMENT TRANSITION, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO FINANCIAL STATEMENTS
 
 NOTE 6.RECENT ACCOUNTING PRONOUNCEMENTS
(CON’T)
 
 In
December 2007, new guidance was issued for accounting for business
combinations.  The new guidance, which is now part of ASC topic 805, Business Combinations, is
effective for financial statements issued for fiscal years beginning on or after
December 15, 2008.  The new guidance establishes principles and
requirements for how an acquirer recognizes and measures in its financial
statements the identifiable assets acquired, the liabilities assumed, any
non-controlling interest in the acquiree, and the goodwill acquired in the
business combination.  ASC Topic 805 also establishes disclosure
requirements to enable the evaluation of the nature and financial effects of the
business combination. We adopted the new guidance on January 1, 2009, which had
no immediate impact on our financial statements; however, it may have an impact
on the accounting for any potential future business combinations.
 
 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$138,144 as of March 31, 2010and
anet loss
of$4,732and$7,300
for the quarters ended March31, 2010
and 2009 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.
  11
 
 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 March 31, 2010. Rental expense was $23,000 for the period ended March 31,
2010.
 
 Twelve
months ending June 30,
 
 2010
                      
                      $
                      18,76318,763
  12
  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
March 31, 2010 and March 31, 2009, as well as the
9-month periods March 31, 2010 and March 31, 2009.  The data
should be read in conjunction with the audited consolidated financial statements
of the Company and related notes thereto.
 
 3-month Ended
                    
                    
                    9-month EndedMarch 31,
                    
                    
                    March 31,
                    
                    
                    March 31,
                    
                    
                    March 31,2010
                    
                    
                    2009
                    
                    
                    2010
                    
                    
                    2009(In
      US$ except per share data)Net
      Sales
                    
                    $
                    2,372
                    
                    
                    $
                    2,628
                    
                    
                    $
                    7,116
                    
                    
                    $
                    6,731Operating
      expensesDepreciation
      expenses
                    
                    
                    (332
                    )
                    
                    
                    (332
                    )
                    
                    
                    (997
                    )
                    
                    
                    (1,056
                    )Selling,
      general and administrative expenses
                    
                    
                    (6,772
                    )
                    
                    
                    (9,596
                    )
                    
                    
                    (32,726
                    )
                    
                    
                    (25,853
                    )Total
      Operating expenses
                    
                    
                    (7,104
                    )
                    
                    
                    (9,928
                    )
                    
                    
                    (33,723
                    )
                    
                    
                    (26,909
                    )Loss
      from operations
                    
                    
                    (4,732
                    )
                    
                    
                    (7,300
                    )
                    
                    
                    (26,607
                    )
                    
                    
                    (20,178
                    )Non-operating
      income (expense)Interest
      income
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —Loss
      on disposal of property and equipment
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —Profit/(loss)
      before income tax and minority interests
                    
                    
                    (4,732
                    )
                    
                    
                    (7,300
                    )
                    
                    
                    (26,607
                    )
                    
                    
                    (20,178
                    )Provision
      for income taxes
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —Minority
      interests
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —
                    
                    
                    
                    —Net
      income/(loss)
                    
                    
                    (4,732
                    )
                    
                    
                    (7,300
                    )
                    
                    
                    (26,607
                    )
                    
                    
                    (20,178
                    )Earnings
      (loss) per shareBasic
                    
                    
                    (0.00
                    )
                    
                    cents
                    
                    
                    
                    (0.00
                    )
                    
                    Cents
  13
 
 3-MONTH
ENDED MARCH 31, 2010 COMPARED TO 3-MONTH ENDED MARCH 31, 2009.
 
 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, 2010, Asia Document Transition, Inc. generated
revenue in the amount of $2,372, as compared to $2,372 for the same
corresponding period in year 2009, the revenue remained unchanged.  During
the quarter ended March 31, 2010, 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 2009.  In addition, the existing clients are being charged in a
similar manner because of the current economic situation.
 
 DEPRECIATION
EXPENSES
 
 Depreciation
expenses for the 3-month period ended March 31, 2010 amounted to $332, as
compared to $332 for the same corresponding period in year 2009, depreciation
expenses remained unchanged.  The composition 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 March 31, 2010, selling, general and administrative
expenses were $6,772, compared to $9,596 for the same corresponding period in
year 2009, a decrease of $2,824 or 29.4%.  This decrease was primarily the
result of less professional fees being paid for the 3-month period ended March
31, 2010 for the preparation of periodically reports.
  14
 
 INTEREST
INCOME
 
 Interest
income was none for the reporting 3-month period ended March 31, 2010,
compared to none for the same corresponding period in year 2009.
 
 NET
LOSS
 
 Net loss
was $4,732 for the reporting 3-month period ended March 31, 2010, as compared to
$7,300 for the same corresponding period in year 2009, a decrease of $2,568 or
35.2%.The
decrease was primarily the result of the decrease of SG&A expenses mentioned
above.
 
 9-MONTH
ENDED MARCH 31, 2010 COMPARED TO 9-MONTH ENDED MARCH 31, 2009.
 
 OPERATING
REVENUE
 
 For the
9-month period ended March 31, 2010, Asia Document Transition, Inc. generated
revenue in the amount of $7,116, as compared to $6,731 for the same
corresponding period in year 2009, an increase of $385 or 5.7%.  The
increase was primarily the result of an average 3 client per month during the
nine-month period ended March 31, 2010, as compared to an average of approximate
2.5 clients per month the same corresponding period in year 2009.  During
the 9-month period ended March 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 2009.  In addition, the existing
clients are being charged the same because of the current economic
situation.
 
 DEPRECIATION
EXPENSE
 
 Depreciation
expense for the 9-month period ended March 31, 2010 amounted to $997, as
compared to $1,056 for the same corresponding period in year 2009, a decrease of
$59 or 5.6%.  The decrease was primarily the result of discontinuation of
one amortized item during the reporting period.
 
 SELLING,
GENERAL AND ADMINISTRATIVE EXPENSES
 
 For the
9-month period ended March 31, 2010, selling, general and administrative
expenses were $32,726, compared to $25,853 for the same corresponding period in
year 2009, an increase of $6,873 or 26.6%.  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 10K.
 
 INTEREST
INCOME
 
 Interest
income was none for the reporting 9-month period ended March 31, 2010,
compared to none for the same corresponding period in year
2009.
  15
 
 NET
LOSS
 
 Net loss
was approximately $26,607 for the reporting 9-month period ended March 31, 2010,
as compared to $20,178 for the same corresponding period in year 2009, an
increase of $6,429 or 31.9%.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
March 31, 2010, cash and cash equivalents totaled $2,552.  This cash
position was the result of a result of net cash provided by financing activities
in the amount of $24,771, offsetting by net cash used in operating activities in
the amount of $23,892.  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.
  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.
  16
 
 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.
  17
  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 4A(T). CONTROLS AND
PROCEDURES
 
 Evaluation of Disclosure Controls
and Procedures
 
 Under the
supervision and with the participation of our management, including our
principal executive officer and principal financial officer, we conducted an
evaluation of our disclosure controls and procedures, as such term is defined
under Rule 13a-15(e) and Rule 15d-15(e) promulgated under the Securities
Exchange Act of 1934, as amended (Exchange Act), as of March 31, 2010. Based on
this evaluation, our principal executive officer and principal financial officer
have concluded that our disclosure controls and procedures are effective to
ensure that information required to be disclosed by us in the reports we file or
submit under the Exchange Act is recorded, processed, summarized, and reported
within the time periods specified in the Securities and Exchange Commission’s
rules and forms and that our disclosure and controls are designed to ensure that
information required to be disclosed by us in the reports that we file or submit
under the Exchange Act is accumulated and communicated to our management,
including our principal executive officer and principal financial officer, or
persons performing similar functions, as appropriate to allow timely decisions
regarding required disclosure.
 
 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 2010 that has
materially affected, or is reasonably likely to materially affect, our internal
control over financial reporting.
  18
  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
  ITEM
      6.
              EXHIBITS
 
 Exhibit
                  No.
                
                Description31.1
                
                Certification
      of Principal Executive Officer filed pursuant to Section 302 of the
      Sarbanes-Oxley Act of 2002.31.2
                
                Certification
      of 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.
  19
  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:
      April 29, 2010
              By:
              /s/ Bernard ChanBernard
      ChanDirector,
      CEO, President and Treasurer
 
 EXHIBIT
INDEX
 
 Exhibit
                  No.
                
                Description31.1
                
                Certification
      of Principal Executive Officer filed pursuant to Section 302 of the
      Sarbanes-Oxley Act of 2002.31.2
                
                Certification
      of 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.
  20