<PAGE>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                        --------------------------------
                                   FORM 10-QSB
                        --------------------------------
(Mark One)

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

                  For The Quarterly Period Ended June 30, 2007

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

         For The Transition Period from __________ To _________

         Commission file number:    000-52496

                             STANDARD COMMERCE, INC.
           -----------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)

             DELAWARE                                     20-8296010
---------------------------------            -----------------------------------
  (State or other jurisdiction               (IRS Employer Identification No.)
of incorporation or organization)


                         c/o American Union Securities,
             100 Wall Street, 15th Floor, New York, New York 10005
           -----------------------------------------------------------
                    (Address of principal executive offices)

                                 (800) 341-2684
           -----------------------------------------------------------
                           (Issuer's telephone number)

           -----------------------------------------------------------
              (Former Name, former address and former fiscal year,
                         if changed since last report)

Check whether the issuer (1) has filed all reports required by Section 13 or
15(d) of the Securities Exchange Act of 1934 during the past 12 months (or for
such shorter period that the Registrant was required to file such reports) and
(2) has been subject to such filing requirements for the past 90 days: Yes | |
No |X|

Indicate by check mark whether the issuer is a shell company (as defined in rule
12b-2 of the Exchange Act) Yes [X] No [ ]

                APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                   PROCEEDINGS DURING THE PRECEDING FIVE YEARS

Check whether the registrant filed all documents and reports required by Section
12, 13, or 15(d) of the Exchange Act after the distribution of securities under
a plan confirmed by a court Yes [ ] No [ ]

                      APPLICABLE ONLY TO CORPORATE ISSUERS

State the number shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date:

         As of August 13, 2007, there were 4,948,500 shares of the Registrant's
Common Stock, $0.001 par value per share, outstanding.

Transitional Small Business Disclosure Format   Yes ||   No |X|

<PAGE>

                             STANDARD COMMERCE, INC.
                  FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2007

                                TABLE OF CONTENTS

                         PART I - FINANCIAL INFORMATION

Item 1. Financial Statements. ................................................ 3

Item 2. Management's Discussion and Analysis or Plan of
Operation..................................................................... 8

Item 3. Controls and Procedures...............................................16

                           PART II - OTHER INFORMATION

Item 1. Legal Proceedings.....................................................16

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds...........16

Item 3. Defaults upon Senior Securities.......................................16

Item 4. Submission of Matters to a Vote of Securities Holders.................16

Item 5. Other Information.....................................................16

Item 6. Exhibits..............................................................17

                                      -2-
<PAGE>

THIS REPORT CONTAINS FORWARD-LOOKING STATEMENTS THAT INVOLVE RISKS AND
UNCERTAINTIES. SUCH STATEMENTS ARE BASED ON CURRENT EXPECTATIONS, ASSUMPTIONS,
ESTIMATES AND PROJECTIONS ABOUT THE COMPANY AND ITS INDUSTRY. FORWARD-LOOKING
STATEMENTS ARE SUBJECT TO KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER
FACTORS THAT MAY CAUSE ACTUAL RESULTS, LEVELS OF ACTIVITY, PERFORMANCE,
ACHIEVEMENTS AND PROSPECTS TO BE MATERIALLY DIFFERENT FROM THOSE EXPRESSED OR
IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. THE COMPANY UNDERTAKES NO OBLIGATION
TO UPDATE PUBLICLY ANY FORWARD-LOOKING STATEMENTS FOR ANY REASON EVEN IF NEW
INFORMATION BECOMES AVAILABLE OR OTHER EVENTS OCCUR IN THE FUTURE.

                                     PART I
                              FINANCIAL INFORMATION

Item 1.  Financial Statements

                             Standard Commerce, Inc.
                                 Balance Sheets
                                    Unaudited
                               (Successor Company)
                                                                    June 30,
-------------------------------------------------------------------------------
                                                                      2007
-------------------------------------------------------------------------------


                                      ASSETS
Current assets
Cash                                                                   $29,203
Prepaid expenses                                                             0
                                                                   ------------
  Total current assets                                                  29,203


-------------------------------------------------------------------------------
Total Assets                                                           $29,203
-------------------------------------------------------------------------------

                       LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable-trade                                                 $26,000
Current portion of long term debt                                            0
                                                                   ------------
 Total current liabilities                                              26,000

Stockholders' Equity:
Common stock-200,000,000 authorized $0.001 par value
4,948,500 issued & outstanding                                           4,949
Additional paid-in capital                                              94,022
Deficit accumulated since Quasi-Reorganization December 31, 2004       (95,767)
                                                                   ------------
Total Stockholders' Equity                                               3,203

-------------------------------------------------------------------------------
Total Liabilities & Stockholders' Equity                               $29,203
-------------------------------------------------------------------------------
See Notes to Unaudited Interim Financial Statements.


                                      -3-
<PAGE>
<TABLE>

                                                      Standard Commerce, Inc.
                                                      Statement of Operations
                                                             Unaudited
                                                        (Successor Company)

                                                      ---------------------------------------     ---------------------------------
                                                           Three Months Ended June 30,               Six Months Ended June 30,
                                                      ---------------------------------------     ---------------------------------
                                                                   2007                 2006                 2007             2006
                                                      ------------------    -----------------     ---------------- ----------------
<S>                                                                  <C>                  <C>                  <C>              <C>
Revenue                                                              $0                   $0                   $0               $0

Costs & Expenses:
  General & administrative                                       12,244                5,000               15,902            5,000
  Interest                                                            0                    0                    0                0
                                                      ------------------    -----------------     ---------------- ----------------
  Total Costs & Expenses                                         12,244                5,000               15,902            5,000


-----------------------------------------------------------------------------------------------------------------------------------
Net Loss                                                      ($12,244)             ($5,000)            ($15,902)         ($5,000)
-----------------------------------------------------------------------------------------------------------------------------------

Basic and diluted per share amounts:
Continuing operations                                               Nil                  Nil                  Nil              Nil
Discontinued operations                                             Nil                  Nil                  Nil              Nil
-----------------------------------------------------------------------------------------------------------------------------------
Basic and diluted net loss                                          Nil                  Nil                  Nil              Nil
-----------------------------------------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------------------
Weighted average shares outstanding (basic & diluted)         4,948,500            1,948,500            4,948,500        1,948,500
-----------------------------------------------------------------------------------------------------------------------------------
See Notes to Unaudited Interim Financial Statements.


                                                               -4-
<PAGE>

                                       Standard Commerce, Inc.
                                       Statement of Cash Flows
                                              Unaudited
                                         (Successor Company)

                                                              ----------------------------------
                                                                  Six Months Ended June 30,
                                                              ----------------------------------
                                                                          2007            2006
                                                              ---------------------------------

Cash flows from operating activities:
Net Loss                                                             ($15,902)        ($5,000)
Adjustments required to reconcile net loss
      to cash used in operating activities:
Increase (decrease) in accounts payable & accrued expenses               (475)           5,000
-----------------------------------------------------------------------------------------------
 Cash flows used by operating activities:                             (16,377)               0
-----------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------
  Cash used in investing activities                                          0               0
-----------------------------------------------------------------------------------------------

 Cash flows from financing activities:
Proceeds from issuance of common stock                                  45,580               0
-----------------------------------------------------------------------------------------------
  Cash generated by financing activities                                45,580               0
-----------------------------------------------------------------------------------------------

Change in cash                                                          29,203               0
Cash-beginning of period                                                     0               0
-----------------------------------------------------------------------------------------------
Cash-end of period                                                     $29,203              $0
-----------------------------------------------------------------------------------------------
See Notes to Unaudited Interim Financial Statements.

</TABLE>
                                                -5-
<PAGE>

                             STANDARD COMMERCE INC.
                 NOTES TO UNAUDITED INTERIM FINANCIAL STATEMENTS


1.   BASIS OF PRESENTATION

Standard Commerce, Inc., (the "Company"), was originally formed in December 1994
in Nevada as Vietnam/US International Trade Corp. In June 1999 Company was sold
and changed its name to Pioneer Spirit 2000.In May 2000 we changed our name to
Mighty Star, Ltd. In April 2003 we changed our name to Shao Tong Chuan Health
Vegetarian Foods (USA) Holdings, Inc and ceased all operations shortly
thereafter. On January 8, 2007 we reorganized as a Delaware corporation and
changed our name to Standard Commerce, Inc.

QUASI-REORGANIZATION: As of December 31, 2004, we concluded our period of
reorganization by reaching a settlement agreement with all of our significant
creditors(we determined none to exist). We, as approved by our Board of
Directors, elected to state our December 31, 2004 balance sheet as a
"quasi-reorganization", pursuant to ARB 43. These rules require the revaluation
of all assets and liabilities to their current values through a current charge
to earnings and the elimination of any deficit in retained earnings by charging
paid-in-capital. From January 2005 forward, we have recorded net income (and net
losses) to retained earnings and (accumulated DEFICIT).

The Financial Statements presented herein have been prepared by us in accordance
with the accounting policies described in our December 31, 2006 Report on Form
10-SB and should be read in conjunction with the Notes to Financial Statements
which appear in that report.

The preparation of these financial statements in conformity with accounting
principles generally accepted in the United States requires us to make estimates
and judgments that affect the reported amounts of assets, liabilities, revenues
and expenses, and related disclosure of contingent assets and liabilities. On an
on going basis, we evaluate our estimates, including those related intangible
assets, income taxes, insurance obligations and contingencies and litigation. We
base our estimates on historical experience and on various other assumptions
that are believed to be reasonable under the circumstances, the results of which
form the basis for making judgments about the carrying values of assets and
liabilities that are not readily apparent from other resources. Actual results
may differ from these estimates under different assumptions or conditions.

In the opinion of management, the information furnished in this Form 10-QSB
reflects all adjustments necessary for a fair statement of the financial
position and results of operations and cash flows as of and for the three-month
and six month periods ended June 30, 2007 and 2006. All such adjustments are of
a normal recurring nature. The Consolidated Financial Statements have been
prepared in accordance with the instructions to Form 10-QSB and therefore do not
include some information and notes necessary to conform with annual reporting
requirements.

1.   COURT PROCEEDINGS:

On July 31, 2006, Clark County Court, Nevada approved an Order granting the
custodianship of the company to Michael Anthony. The appointment is requires the
custodian is to continue the business of the corporation and not to liquidate
its affairs or distribute its assets. The material terms of the transaction
confirmed by the Clark County Court generally authorize Mr. Anthony to appoint
new members to the Registrant's board of directors and to take any and all
actions on behalf of the Company permitted by Nevada Statutes Section 78.347,
including actions to:

     o    settle affairs, collect outstanding debts, sell and convey property,
          real and personal
     o    demand, sue for, collect, receive and take into his or their
          possession all the goods and chattels, rights and credits, moneys and
          effects, lands and tenements, books, papers, choses in action, bills,
          notes and property, of every description of the corporation

                                      -6-
<PAGE>

     o    institute suits at law or in equity for the recovery of any estate,
          property, damages or demands existing in favor of the corporation
     o    exercise the rights and authority of a Board of Directors and Officers
          in accordance with state law, the articles and bylaws

The accounts of any former subsidiaries were not included and have not been
carried forward.

RESULTANT CHANGE IN CONTROL: In connection with the Order confirming
custodianship of the company to Mr. Anthony approved on July 31, 2006, Michael
Anthony became our sole director on September 7, 2006. As sole director, Michael
Anthony entered into an agreement with Century Capital Partners (CCP) whereby
CCP agreed to make an investment of paid in capital of $60,000 to be used to pay
for costs and expenses necessary to bring us back into compliance with state and
federal securities laws and bring current all Securities and Exchange disclosure
obligations. CCP will also assist the company in locating suitable merger
candidates. In exchange for the $60,000 and future consulting services, CCP was
issued 3,000,000 shares of common stock on August 1, 2006.

Mr. Anthony is the managing member of CCP, a limited liability company, and has
sole voting and dispositive control.


3.   EARNINGS/LOSS PER SHARE

Basic earnings per share is computed by dividing income available to common
shareholders (the numerator) by the weighted-average number of common shares
outstanding (the denominator) for the period. Diluted earnings per share assume
that any dilutive convertible securities outstanding were converted, with
related preferred stock dividend requirements and outstanding common shares
adjusted accordingly. It also assumes that outstanding common shares were
increased by shares issuable upon exercise of those stock options for which
market price exceeds the exercise price, less shares which could have been
purchased by us with the related proceeds. In periods of losses, diluted loss
per share is computed on the same basis as basic loss per share as the inclusion
of any other potential shares outstanding would be anti-dilutive.


4.   STOCKHOLDERS' EQUITY:

       REVERSE STOCK SPLIT

On January12, 2007 we declared a reverse split of our common stock. The formula
provided that every twenty (20) issued and outstanding shares of common stock of
the Corporation be automatically split into 1 share of common stock. Any
resulting share ownership interest of fractional shares was rounded up to the
first whole integer in such a manner that all rounding was done to the next
single share and each and every shareholder would own at least 1 share. The
reverse stock split was effective January 29, 2007 for holders of record at
January 29, 2007. Except as otherwise noted, all share, option and warrant
numbers have been restated to give retroactive effect to this reverse split. All
per share disclosures retroactively reflect shares outstanding or issuable as
though the reverse split had occurred January 1, 2004.

4.   NEW ACCOUNTING STANDARDS

In May 2005, the FASB issued SFAS No. 154, "Accounting Changes and Error
Corrections," which replaces APB Opinion No. 20 "Accounting Changes," and FASB
Statement No. 3 "Reporting Accounting Changes in Interim Financial Statements,"
and changes the requirements for the accounting for and reporting of a change in
accounting principle. This Statement requires retrospective application to prior
periods' financial statements of changes in accounting principle, unless it is
impracticable to determine either the period-specific effects or the cumulative
effect of the change. This Statement shall be effective for accounting changes
and corrections of errors made in fiscal years beginning after December 15,
2005. Early adoption is permitted for accounting changes and corrections of
errors made in fiscal years beginning after the date this Statement is issued.
We do not believe that adoption of SFAS 154 will have a material impact on our
financial statements.

                                      -7-
<PAGE>

Item 2.  Management's Discussion and Analysis or Plan of Operation.

THE FOLLOWING DISCUSSION SHOULD BE READ IN CONJUNCTION WITH THE COMPANY'S
FINANCIAL STATEMENTS AND THE NOTES TO THOSE STATEMENTS AND OTHER FINANCIAL
INFORMATION APPEARING ELSEWHERE IN THIS REPORT.

                                    OVERVIEW

         Standard Commerce, Inc., (the "Company" or "Standard Commerce"), was
originally formed in December 1994 in Nevada as Vietnam/US International Trade
Corp for purposes of engaging in the food services import and export business.
In June 1999 Standard Commerce changed its name to Pioneer Spirit 2000. In May
2000 Standard Commerce changed its name to Mighty Star, Ltd.

         From early 2000 through December 2002, Standard Commerce (then Mighty
Star) was engaged in the business of exporting agricultural products from the
United States to the Peoples Republic of China and had its principal place of
business in California. In April 2003 Standard Commerce changed its name to Shao
Tong Chuan Health Vegetarian Foods (USA) Holdings, Inc ("Shao Tong") and
effectively ceased all operations by December 2002.

         On July 31, 2006, In its Order APPOINTING MICHAEL ANTHONY AS CUSTODIAN
OF SHAO TONG CHUAN HEALTH VEGETARIAN FOODS (USA) HOLDINGS, INC. PURSUANT TO NRS
78.34 the Eighth District Court, Clark County, Nevada entered an Order granting
the custodianship of the Company to Michael Anthony. The material terms of the
transaction confirmed by the Clark County Court generally authorize Mr. Anthony
to appoint new members to the Company's board of directors and to take any and
all actions on behalf of the Company permitted by Nevada Statutes Section
78.347.

         The actions authorized under NRS 78.347 include:

         - To settle the affairs, collect the outstanding debts, sell and convey
the property, real and personal

         - To demand, sue for, collect, receive and take into his or their
possession all the goods and chattels, rights and credits, moneys and effects,
lands and tenements, books, papers, choses in action, bills, notes and property,
of every description of the corporation

         - To institute suits at law or in equity for the recovery of any
estate, property, damages or demands existing in favor of the corporation

         - To exercise the rights and authority of a Board of Directors and
Officers in accordance with state law, the articles and bylaws

         In accordance with the Order, Mr. Anthony appointed himself as sole
interim Director and President. In addition, the Company hired Century Capital
Partners, LLC ("CCP") a business consulting firm and affiliated entity, for the
purpose of assisting the Company in its efforts to reinstate the Company in good
standing with the State of Nevada, conduct asset and liability searches, retain


                                      -8-
<PAGE>

legal counsel and accountants and to generally assist in performing the duties
and functions of the custodian. CCP has also agreed to advise the Company as to
potential business combinations. Mr. Anthony is the managing member of CCP.
Accordingly, CCP is an affiliated entity.

         On December 22, 2006, the Company changed its name to Standard
Commerce, Inc. The name was not meant to be indicative of the Company's business
plan or purpose. Standard Commerce's current business plan is to seek,
investigate and, if such investigation warrants, acquire an interest in business
opportunities presented to it by persons or firms who or which desire to seek
the perceived advantages of an Exchange Act registered corporation.

         On December 15, 2006, Standard Commerce, Inc. was incorporated in
Delaware for the purpose of merging with Standard Commerce, Inc. a Nevada
Corporation so as to effect a redomicile to Delaware. The Delaware Corporation
was authorized to issue 100,000,000 shares of $.001 par value common stock and
1,000,000 shares of $.001 par value preferred stock. On January 8, 2007, both
Standard Commerce the Nevada corporation and Standard Commerce the Delaware
corporation signed and filed Articles of Merger, with the respective states,
pursuant to which the Nevada Corporation's shareholders received one share of
new (Delaware) common stock for every one share of old (Nevada) common stock
they owned. All outstanding shares of the Nevada Corporation's common stock were
effectively purchased by the new Delaware Corporation, effectively merging the
Nevada Corporation into the Delaware Corporation, and making the Delaware
Corporation the surviving entity.

         On January 20, 2007 Standard Commerce's trading symbol was changed to
"STCC.PK".

         Standard Commerce has never been in bankruptcy, a receivership or
similar proceeding.

Current Business Plan

         Standard Commerce is a shell company in that it has no or nominal
operations and either no or nominal assets. At this time, Standard Commerce's
purpose is to seek, investigate and, if such investigation warrants, acquire an
interest in business opportunities presented to it by persons or firms who or
which desire to seek the perceived advantages of an Exchange Act registered
corporation. The Company will not restrict its search to any specific business,
industry, or geographical location and the Company may participate in a business
venture of virtually any kind or nature. This discussion of the proposed
business is purposefully general and is not meant to be restrictive of the
Company's virtually unlimited discretion to search for and enter into potential
business opportunities. Management anticipates that it may be able to
participate in only one potential business venture because the Company has
nominal assets and limited financial resources. This lack of diversification
should be considered a substantial risk to shareholders of the Company because
it will not permit the Company to offset potential losses from one venture
against gains from another.

                                      -9-
<PAGE>

         Standard Commerce's common stock has been subject to quotation on the
pink sheets. There is not currently an active trading market in the Company's
shares nor do we believe that any active trading market has existed for the last
2 years. There can be no assurance that there will be an active trading market
for our securities following the effective date of this Registration Statement.
In the event that an active trading market commences, there can be no assurance
as to the market price of our shares of common stock, whether any trading market
will provide liquidity to investors, or whether any trading market will be
sustained.

         Management has substantial flexibility in identifying and selecting a
prospective new business opportunity. Standard Commerce would not be obligated
nor does management intend to seek pre-approval by our shareholders.

         Standard Commerce may seek a business opportunity with entities which
have recently commenced operations, or which wish to utilize the public
marketplace in order to raise additional capital in order to expand into new
products or markets, to develop a new product or service, or for other corporate
purposes. Standard Commerce may acquire assets and establish wholly owned
subsidiaries in various businesses or acquire existing businesses as
subsidiaries.

         Standard Commerce intends to promote itself privately. The Company has
not yet begun such promotional activities. The Company anticipates that the
selection of a business opportunity in which to participate will be complex and
risky. Due to general economic conditions, rapid technological advances being
made in some industries and shortages of available capital, management believes
that there are numerous firms seeking the perceived benefits of a publicly
registered corporation. Such perceived benefits may include facilitating or
improving the terms on which additional equity financing may be sought,
providing liquidity for incentive stock options or similar benefits to key
employees, providing liquidity (subject to restrictions of applicable statutes),
for all shareholders, and other factors. Potentially, available business
opportunities may occur in many different industries and at various stages of
development, all of which will make the task of comparative investigation and
analysis of such business opportunities difficult and complex.

         Standard Commerce has, and will continue to have, little or no capital
with which to provide the owners of business opportunities with any significant
cash or other assets. On June 30, 2007 Standard Commerce had a cash balance of
approximately $29,203 and current liabilities of $26,000. As of August 13, 2007,
Standard Commerce had a cash balance of $1,714 following payment of its
outstanding current liabilities. However, management believes the Company will
be able to offer owners of acquisition candidates the opportunity to acquire a
controlling ownership interest in a publicly registered company without
incurring the cost and time required to conduct an initial public offering. The
owners of the business opportunities will, however, incur significant legal and
accounting costs in connection with the acquisition of a business opportunity,
including the costs of preparing Form 8K's, 10K's or 10KSB's, agreements and

                                      -10-
<PAGE>

related reports and documents. The Securities Exchange Act of 1934 (the "34
Act"), specifically requires that any merger or acquisition candidate comply
with all applicable reporting requirements, which include providing audited
financial statements to be included within the numerous filings relevant to
complying with the `34 Act. Nevertheless, the officer and director of Standard
Commerce has not conducted market research and is not aware of statistical data
which would support the perceived benefits of a merger or acquisition
transaction for the owners of a business opportunity.

         The analysis of new business opportunities will be undertaken by, or
under the supervision of, the officer and director of the Company with such
outside assistance as he may deem appropriate. Management intends to concentrate
on identifying preliminary prospective business opportunities, which may be
brought to its attention through present associations of the Company's officer
and director. In analyzing prospective business opportunities, management will
consider such matters as the available technical, financial and managerial
resources; working capital and other financial requirements; history of
operations, if any; prospects for the future; nature of present and expected
competition; the quality and experience of management services which may be
available and the depth of that management; the potential for further research,
development, or exploration; specific risk factors not now foreseeable but which
then may be anticipated to impact the proposed activities of the Company; the
potential for growth or expansion; the potential for profit; the perceived
public recognition of acceptance of products, services, or trades; name
identification; and other relevant factors. Management of Standard Commerce
expects to meet personally with management and key personnel of the business
opportunity as part of the investigation. To the extent possible, the Company
intends to utilize written reports and investigation to evaluate the above
factors. The Company will not acquire or merge with any company for which
audited financial statements are not available.

         The foregoing criteria are not intended to be exhaustive and there may
be other criteria that management may deem relevant. In connection with an
evaluation of a prospective or potential business opportunity, management may be
expected to conduct a due diligence review.

         The Officer of Standard Commerce has limited experience in managing
companies similar to the Company and shall mainly rely upon his own efforts, in
accomplishing the business purposes of the Company. The Company may from time to
time utilize outside consultants or advisors to effectuate its business purposes
described herein. No policies have been adopted regarding use of such
consultants or advisors, the criteria to be used in selecting such consultants
or advisors, the services to be provided, the term of service, or regarding the
total amount of fees that may be paid. However, because of the limited resources
of the Company, it is likely that any such fee the Company agrees to pay would
be paid in stock and not in cash.

         The Company will not restrict its search for any specific kind of
firms, but may acquire a venture which is in its preliminary or development
stage, which is already in operation, or in essentially any stage of its
corporate life. It is impossible to predict at this time the status of any
business in which the Company may become engaged, in that such business may need
to seek additional capital, may desire to have its shares publicly traded, or


                                      -11-
<PAGE>

may seek other perceived advantages which the Company may offer. However,
Standard Commerce does not intend to obtain funds in one or more private
placements to finance the operation of any acquired business opportunity until
such time as the Company has successfully consummated such a merger or
acquisition.

         The time and costs required to pursue new business opportunities, which
includes negotiating and documenting relevant agreements and preparing requisite
documents for filing pursuant to applicable securities laws, can not be
ascertained with any degree of certainty.

         Management intends to devote such time as it deems necessary to carry
out the Company's affairs. The exact length of time required for the pursuit of
any new potential business opportunities is uncertain. No assurance can be made
that we will be successful in our efforts. We cannot project the amount of time
that our management will actually devote to our plan of operation.

         Standard Commerce intends to conduct its activities so as to avoid
being classified as an "Investment Company" under the Investment Company Act of
1940, and therefore avoid application of the costly and restrictive registration
and other provisions of the Investment Company Act of 1940 and the regulations
promulgated thereunder.

         It may be expected that pursuing a new business opportunity will
involve the issuance of restricted shares of common stock. On June 30, 2007
Standard Commerce had a cash balance of approximately $29,203 and current
liabilities of $26,000. As of August 13, 2007, Standard Commerce had a cash
balance of $1,714 following payment of its outstanding current liabilities.

RECENT EVENTS

         On August 2, 2007, our majority shareholder, Century Capital Partners,
LLC sold its common stock in a private transaction. Mr. Anthony, our sole board
member and officer has agreed to remain in his position with the Company until
the latter of a) tenth day following the mailing of this information statement
or 2) ten days from the date of this resignation or 3) one day subsequent to the
filing of the form 10QSB for the period ending June 30, 2007. Mr. Anthony shall
not be requested to approve any transactions, outside the ordinary course of
business, on behalf of the Company prior to the effective date of his
resignation.

         It is anticipated that the 14f-1 will be filed with the Securities
Exchange Commission and mailed to shareholders on or near August 15, 2007.

         It is anticipated that the Acquirors will enter into a Stock Exchange
Agreement or other agreement in the future whereby American Tony Pharmaceutical,
Inc, a Delaware corporation which owns 100% of Harbin Tianmu Pharmaceutical, a
Chinese company ("Harbin"), will become our wholly owned subsidiary and that
moving forward our sole business operations will be those of Harbin.

                                      -12-
<PAGE>

     Harbin is a high-growth private company that specializes in the
development, manufacture and sales of natural medicines and biopharmaceuticals.
Founded in November 1991 with registered capital of RMB 49.66 Yuan (approx. $6.4
million), the Company is located in the Limin Pharmaceutical Technology Park in
Harbin City, capital of Heilongjiang Province, with a total area of 50,000
square meters (approx. 12.4 acres), including 15,000 square meters (approx. 3.7
acres) for the physical plant, and 1,800 square meters (approx. 0.4 acres) for
warehouse. The whole site was built in compliance with the Chinese State Drug
Administration GMP standards, with a total construction investment of RMB 50
million Yuan (approx. $6.4 million). The site is fully equipped with world-class
production and testing equipment.


                              RESULTS OF OPERATIONS

                        THREE MONTHS ENDED JUNE 30, 2007
                  COMPARED TO THREE MONTHS ENDED JUNE 30, 2006

Revenues
--------

Revenues were $0.00 for the three months ended June 30, 2007, as compared to
$0.00 for the three months ended June 30, 2006.

Operating Expenses
------------------

Operating expenses for the three months ended June 30, 2007 were $12,244
compared to $5,000 for the three months ended June 30, 2006. This increase was
attributed to general and administrative expenses, including legal and
accounting fees.

Loss From Operations
--------------------

Loss from operations for the three months ended June 30, 2007 was $12,244
compared to $5,000 for the three months ended June 30, 2006.

Net Loss Applicable To Common Stock
-----------------------------------

Net loss applicable to Common Stock was $12,244 for the three months ended June
30, 2007, compared to $5,000 for the three months ended June 30, 2006. Net loss
per common share was $nil for the three months ended June 30, 2007 and $nil for
the three months ended June 30, 2006.

                         SIX MONTHS ENDED JUNE 30, 2007
                   COMPARED TO SIX MONTHS ENDED JUNE 30, 2006

Revenues
--------

Revenues were $0.00 for the six months ended June 30, 2007, as compared to $0.00
for the six months ended June 30, 2006.

Operating Expenses
------------------

Operating expenses for the six months ended June 30, 2007 were $15,902 compared
to $5,000 for the six months ended June 30, 2006. This increase was attributed
to general and administrative expenses, including legal and accounting fees.

                                      -13-
<PAGE>

Loss From Operations
--------------------

Loss from operations for the six months ended June 30, 2007 was $15,902 compared
to $5,000 for the six months ended June 30, 2006.

Net Loss Applicable To Common Stock
-----------------------------------

Net loss applicable to Common Stock was $15,902 for the six months ended June
30, 2007, compared to $5,000 for the six months ended June 30, 2006. Net loss
per common share was $nil for the six months ended June 30, 2007 and $nil for
the six months ended June 30, 2006.

CONTINUING OPERATIONS, LIQUIDITY AND CAPITAL RESOURCES

         During the quarter ended December 31, 2006, we received $60,000 through
the sale of 60,000,000 pre split (3,000,000 post split) restricted shares to
Century Capital Partners, LLC an entity owned and controlled by our officer and
director, Michael Anthony. Mr. Anthony paid the Company $17,716 during the
fiscal year ended December 31, 2006 and the balance of $42,284 in the quarter
ended March 31, 2007. While we are dependent upon interim funding provided by
management to pay professional fees and expenses, we have no written finance
agreement with management to provide any continued funding.

         On June 30, 2007 Standard Commerce had a cash balance of approximately
$29,203 and current liabilities of $26,000. As of August 13, 2007, Standard
Commerce had a cash balance of $1,714 following payment of its outstanding
current liabilities. Although we believe management will continue to fund the
Company on an as needed basis, we do not have a written agreement requiring such
funding. In addition, future management funding, will more than likely be in the
form of loans, for which the Company will be liable to pay back.

         In the event that the Company cannot complete a merger or acquisition
and cannot obtain capital needs for ongoing expenses, including expenses related
to maintaining compliance with the Securities laws and filing requirements of
the Securities Exchange Act of 1934, the Company could be forced to cease
operations.

         Standard Commerce currently plans to satisfy its cash requirements for
the next 12 months by borrowing from its officer and director or companies
affiliated with its officer and director and believes it can satisfy its cash
requirements so long as it is able to obtain financing from these affiliated
entities. Standard Commerce currently expects that money borrowed will be used
during the next 12 months to satisfy the Company's operating costs, professional
fees and for general corporate purposes. The Company may explore alternative
financing sources, although it currently has not done so.

         In connection with the plan to seek new business opportunities and/or
effecting a business combination, the Company may determine to seek to raise
funds from the sale of restricted stock or debt securities. The Company has no
agreements to issue any debt or equity securities and cannot predict whether
equity or debt financing will become available at acceptable terms, if at all.

                                      -14-
<PAGE>

         There are no limitations in the certificate of incorporation on the
Company's ability to borrow funds or raise funds through the issuance of
restricted common stock to effect a business combination. The Company's limited
resources and lack of recent operating history may make it difficult to borrow
funds or raise capital. Such inability to borrow funds or raise funds through
the issuance of restricted common stock required to effect or facilitate a
business combination may have a material adverse effect on the Company's
financial condition and future prospects, including the ability to complete a
business combination. To the extent that debt financing ultimately proves to be
available, any borrowing will subject the Company to various risks traditionally
associated with indebtedness, including the risks of interest rate fluctuations
and insufficiency of cash flow to pay principal and interest, including debt of
an acquired business.

         The Company currently has no plans to conduct any research and
development or to purchase or sell any significant equipment. The Company does
not expect to hire any employees during the next 12 months.

OFF BALANCE SHEET ARRANGEMENTS

         None.

RECENT ACCOUNTING PRONOUNCEMENTS

         We continue to assess the effects of recently issued accounting
standards. The impact of all recently adopted and issued accounting standards
has been disclosed in the Notes to the audited Consolidated Financial
Statements.

CRITICAL ACCOUNTING ESTIMATES

         We are a shell company and, as such, do not employ critical accounting
estimates. Should we resume operations, we will employ critical accounting
estimates and will make any disclosures that are necessary and appropriate.

Description of Property

         As of August 2, 2007 Standard Commerce shares office space with
American Union Securities at 100 Wall Street, 15th Floor, New York, New York
10005. The Company does not have a lease and the Company pays no rent for the
leased space. The Company does not own any properties nor does it lease any
other properties. The Company does not believe it will need to maintain an
office at any time in the foreseeable future in order to carry out its plan of
operations as described herein.

                                      -15-
<PAGE>

ITEM 3.  CONTROLS AND PROCEDURES

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

         Our Chief Executive Officer and Chief Financial Officer, Michael
Anthony, has reviewed and evaluated the effectiveness of our disclosure controls
and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) as of
the end of the period covered by this quarterly report on Form 10-QSB. Michael
Anthony, our sole director and officer, is the only individuals involved in our
disclosure process. Our system is designed so that information is retained by us
and relayed to counsel as it becomes available. Our Chief Executive Officer and
Chief Financial Officer believes that, as of the end of the period covered by
this report, our disclosure controls and procedures are effective to ensure that
information required to be disclosed by us in the reports that we file or submit
under the Exchange Act are recorded, processed, summarized and reported, within
the required time periods.

Changes in Internal Control Over Financial Reporting

         No significant changes in our internal control over financial reporting
have come to management's attention during the previous fiscal quarter that have
materially affected, or are likely to materially affect, our internal control
over financial reporting.

                                     PART II
                                OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

         On July 31, 2006, In its Order Granting the PETITION FOR APPOINTMENT OF
MICHAEL ANTHONY AS CUSTODIAN OF SHAO TONG CHUAN HEALTH VEGETARIAN FOODS (USA)
HOLDINGS, INC. PURSUANT TO NRS 78.34 the Eighth District Court, Clark County,
Nevada approved an Order granting the custodianship of the company to Michael
Anthony. The material terms of the transaction confirmed by the Clark County
Court generally authorize Mr. Anthony to appoint new members to the Company's
board of directors and to take any and all actions on behalf of the Company
permitted by Nevada Statutes Section 78.347. On September 27, 2006, the Eighth
District Court, Clark County, Nevada granted the motion of the Custodian and
discharged the Custodian and closed the matter.

         Standard Commerce's officers and directors are not aware of any
threatened or pending litigation to which the Company is a party or which any of
its property is the subject and which would have any material, adverse effect on
the Company.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

         None.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

         None.

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

         We did not submit any matters to a vote of our stockholders, through
the solicitation of proxies or otherwise, during the quarter ended March 31,
2007.

ITEM 5.  OTHER INFORMATION

         None.

                                      -16-
<PAGE>

Item 6.  Exhibits
Exhibit No.                Document
--------------------------------------------------

3.1.1    Original Articles of Incorporation dated December, 1994*

3.1.2    Amendment to Articles of Incorporation - June, 1999*

3.1.3    Amendment to Articles of Incorporation - May, 2000*

3.1.4    Amendment to Articles of Incorporation - April, 2003*

3.1.5    Amendment to Articles of Incorporation - December, 2006*

3.1.6    Articles of Incorporation - Delaware - December, 2006*

3.1.7    Amendment to Articles of Incorporation - January, 2007*

3.2      By-Laws*

31.1     Certification of Principal Executive and Principal Financial Officer
         pursuant to Sarbanes-Oxley Section 302

32.1     Certification of Chief Executive and Chief Financial Officer pursuant
         to Sarbanes-Oxley Section 906

*        Previously filed as an Exhibit to our Form 10-SB filed on March 12,
         2007




SIGNATURES

         In accordance with Section 13 or 15(d) of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.

                 STANDARD COMMERCE, INC.

                 /s/ MICHAEL ANTHONY
                 -------------------------
                 By:  Michael Anthony
                 CHIEF EXECUTIVE OFFICER
                 CHIEF FINANCIAL OFFICER
                 Date: August 13, 2007

                                      -17-