**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**WASHINGTON,      D.C. 20549**

**FORM      10-K/A**

**Amendment      No. 1**

| **x                ANNUAL REPORT                PURSUANT TO SECTION 13 OR 15(d) OF****THE                SECURITIES EXCHANGE ACT OF 1934**     |
|------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                           |
| **FOR                THE FISCAL YEAR ENDED DECEMBER 31, 2007**                                                                                 |
|                                                                                                                                           |
| **OR**                                                                                                                                         |
|                                                                                                                                           |
| **o                TRANSITION REPORT                PURSUANT TO SECTION 13 OR 15(d) OF****THE                SECURITIES EXCHANGE ACT OF 1934** |
|                                                                                                                                           |
| **FOR                THE TRANSITION PERIOD FROM _______                TO ___________**                                              |

**COMMISSION      FILE NO. 001-33956**

**ASIA      TIME CORPORATION**

*Exact      Name Of Registrant As Specified In Its Charter*

| **Delaware**                                                                                                       |   | **20-4062619**                                                              |
|--------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------|
| *(State                or other jurisdiction of** incorporation                or organization)*              |   | *(I.R.S.                Employer** Identification                No.)* |
|                                                                                                               |   |                                                                        |
| **Room                1601-1604, 16/F., CRE Centre****889                Cheung Sha Wan Road, Kowloon, Hong Kong** |   | **N/A**                                                                     |
| *(Address                of principal executive offices)*                                                          |   | *(Zip                Code)*                                                 |

*Registrant’s      telephone number, including area code*
** (852)-23100101**

| Title                of Each Class             |   | Name                of Each Exchange on Which Registered |
|------------------------------------------------|--------|----------------------------------------------------------|
| Common                Stock, $0.0001 par value |   | American                Stock Exchange                   |

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| Large                accelerated filer o | Accelerated                filer o | Non-accelerated                filer x      | Smaller                reporting company o |
|------------------------------------------|------------------------------------|---------------------------------------------|--------------------------------------------|
|                                     |                               | *(Do                not check if a smaller* |                                       |
|                                     |                               | *reporting                company)*         |                                       |

*Explanatory*
*Note*

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**ASIA      TIME CORPORATION**

**TABLE      OF CONTENTS TO ANNUAL REPORT ON FORM 10-K **

**For      the Fiscal Year Ended December 31, 2007**

| **ITEM**                    |   |                                                                                                                         | **Page** |
|-----------------------------|--------|------------------------------------------------------------------------------------------------------------------------------|----------|
|                        |   |                                                                                                                         |     |
| **PART                III** |   |                                                                                                                         |     |
| Item                10.     |   | Directors,                Executive Officers and Corporate Governance                                                        | 1        |
| Item                11.     |   | Executive                Compensation                                                                                        |  3  |
| Item                12.     |   | Security                Ownership of Certain Beneficial Owners and Management and Related                Stockholder Matters |  9  |
| Item                13.     |   | Certain                Relationships and Related Transactions, and Director                Independence                      |  10 |
| Item                14.     |   | Principal                Accounting Fees and Services                                                                        |  12 |
|                        |   |                                                                                                                         |     |
| **PART                IV**  |   |                                                                                                                         |     |
| Item                15.     |   | Exhibits,                Financial Statement Schedules                                                                       |  12 |
|                        |   | Signatures                                                                                                                   |  13 |

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**PART      III**

**ITEM      10. **
**DIRECTORS,      EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE**

**Executive      Officers, Directors and Key Employees**

| **Name**                           |   | **Age** |   | **Position**                                                     |
|------------------------------------|--------|---------|--------|------------------------------------------------------------------|
| Kwong                Kai Shun      |   | 45      |   | Chief                Executive Officer and Chairman of the Board |
| King                Wai Lin        |   | 41      |   | Chief                Financial Officer                           |
| Michael                Mak         |   | 61      |   | Director                and Corporate Secretary                  |
| Siu                Po Lee          |   | 39      |   | Director                                                         |
| Dr.                Ching Wah Leung |   | 49      |   | Director                                                         |
| Wu                Hok Lun          |   | 51      |   | Director                                                         |

***Kwong      Kai Shun***

***King      Wai Lin***

***Michael      Mak***

***Dr.      Ching Wah Leung (Tony)***

----

***Siu      Po Lee (Simon)***

***Wu      Hok Lun (Benson)***

**Family      Relationships **

**Board      Composition**

**Audit      Committee **

|   | • | The                appointment, replacement, compensation, and oversight of work of                the                independent auditor, including resolution of disagreements between                management and the independent auditor regarding financial reporting,                for                the purpose of preparing or issuing an audit report or performing                other                audit, review or attest services. |
|--------|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | Reviewing                and discussing with management and the independent auditor various                topics                and events that may have significant financial impact on our company                or                that are the subject of discussions between management and the independent                auditors. |
|--------|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | • | The                design, review, recommendation and approval of compensation arrangements                for our directors, executive officers and key employees, and for                the                administration of any equity incentive plans, including the approval                of                grants under any such plans to our employees, consultants and                directors. |
|--------|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | The                review and determination of compensation of our executive officers,                including our Chief Executive                Officer. |
|--------|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | The                selection of director nominees, the approval of director nominations                to be                presented for shareholder approval at our annual general meeting                and                filling of any vacancies on our board of directors, the consideration                of                any nominations of director candidates validly made by shareholders,                and                the review and consideration of developments in corporate governance                practices. |
|--------|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Section      16(a) Beneficial Ownership Reporting Compliance**

**Code      of Business Conduct and Ethics**

**ITEM      11.**
**      EXECUTIVE COMPENSATION**

**Compensation      Discussion and Analysis **

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|   | • | *Hong                Kong/Chinese timepiece and jewelry companies*:  National                Electronics Holdings Ltd. (SEHK:213), Hang Fung Gold Technology Limited                (SSEHK:870), and Peace Mark Holdings Ltd. (SEHK:304), LJ International,                Inc. (NasdaqNM: JADE), and Man Sang Holdings, Inc. (Amex: MHJ). |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | *Hong                Kong/Chinese companies listed in the United States*:  China                Architectural Engineering, Inc. (AMEX: RCH), Wonder Auto Technology,                Inc.                (NasdaqNM:WATG — manufacturer of automotive electrical parts in                China), SORL Auto Parts, Inc. (NasdaqNM:SORL — manufacturer and                distributor of commercial vehicle air brake valves and related components                in China and internationally), and Orsus Xelent Technologies, Inc.                (Amex:ORS — designer for retail and wholesale distribution of                cellular phones). |
|--------|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**Summary      Compensation Tables **

| **Name                  and Position**       |   | **Year** |   | **Salary****($)** |   | **Bonus****($)** |   | **Option                  Awards****($)** |      | **Stock****Awards****($)** |   | **All                  Other****Compensation****($)****(1)** |   | **Total****($)** |         |
|----------------------------------------------|--------|----------|--------|-------------------|--------|------------------|--------|-------------------------------------------|-----------|----------------------------|--------|--------------------------------------------------------------|--------|------------------|--------------|
| Kwong                  Kai Shun(5)           |   |     | 2007   |              |   | 240,000          |   | $                                         | 60,000(2) |                       |   | —                                                      |   | $                | 2,433,650(3) |   | $ | 12,691 |   | $ | 2,746,341 |   |
| Chief                  Executive Officer     |   |     | 2006   |              |   | 61,538           |   |                                      | —   |                       |   | —                                                      |   |             | —      |   |   | 12,312 |   |   | 73,850 |   |
| and                  Chairman of the Board   |   |     | 2005   |              |   | 62,000           |   |                                      | —   |                       |   | —                                                      |   |             | —      |   |   | 13,500 |   |   | 75,500 |   |
| Richard                  Rappaport(4)        |   |     | 2007   |              |   | —          |   |                                      | —   |                       |   | —                                                      |   |             | —      |   |   | — |   |   | — |   |
| Former                  Chief Executive      |   |     | 2006   |              |   | —          |   |                                      | —   |                       |   | —                                                      |   |             | —      |   |   | — |   |   | — |   |
| Officer                  and Former Director |   |     | 2005   |              |   | —          |   |                                      | —   |                       |   | —                                                      |   |             | —      |   |   | — |   |   | — |   |
| Anthony                  Pintsopoulos(4)     |   |     | 2007   |              |   | —          |   |                                      | —   |                       |   | —                                                      |   |             | —      |   |   | — |   |   | — |   |
| Former                  Chief Financial      |   |     | 2006   |              |   | —          |   |                                      | —   |                       |   | —                                                      |   |             | —      |   |   | — |   |   | — |   |
| Officer                  and Former Director |   |     | 2005   |              |   | —          |   |                                      | —   |                       |   | —                                                      |   |             | —      |   |   | — |   |   | — |   |

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|   | (1)    | This                relates to automobile, housing and medical personal benefits.                                                                                                                                                                                                                         |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                      |
|   | (2)    | Mr.                Kwong received an annual bonus equivalent to three months salary,                equal to                $60,000, after we obtained a minimum company achievement of                $2,000,000 annual profit before tax for the year ended December 31,                2007. |

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|   | (3)    | In                connection with our January 2007 Private Placement, Mr. Kwong entered                into                an agreement (the “ Escrow Agreement”) with the investors pursuant to                which he agreed to place 2,326,000 shares of his common stock in                escrow                for possible distribution to the investors (the “Escrow Shares”). Pursuant                to the Escrow Agreement, if our net income for 2006 or 2007, subject                to                specified adjustments, as set forth in our filings with the SEC is                less                than $6.3 million or $7.7 million, respectively, a portion, if not                all, of                the Escrow Shares will be transferred to the investors based upon                our                actual net income, if any, for such fiscal years. We have accounted                for                the Escrow Shares as the equivalent of a performance-based compensatory                stock plan between Mr. Kwong and us. Accordingly, during the year                ended                December 31, 2007, we recorded $2,433,650 as a charge to operations                to                recognize the grant date fair value of stock-based compensation in                conjunction with the Escrow Agreement. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|   | (4)    | Messrs.                Rappaport and Pintsopoulos resigned from all positions with the Company                upon the close of the Share Exchange on January 23,                2007.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|   | (5)    | Mr.                Kwong resigned as our Chief Financial Officer in April                2008.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |

**Grants      of Plan-Based Awards in 2007 **

**Outstanding      Equity Awards at 2007 Fiscal Year-End **

**Option      Exercises and Stock Vested in Fiscal 2007 **

**Employment      Agreement**

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**Director      Compensation **

| **Name****(2)**               |   | **Fees                Earned or Paid in Cash****($)** |       | **Stock****Awards****($)** |   | **Option****Awards****($)** |   | **Non-Equity****Incentive                Plan****Compensation****($)** |    | **Change                in****Pension                Value****and****Nonqualified****Deferred****Compensation****Earnings** |   | **All                Other****Compensation****($)** |   | **Total****($)** |    |
|-------------------------------|--------|-------------------------------------------------------|------------|----------------------------|--------|-----------------------------|--------|------------------------------------------------------------------------|---------|-----------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------|--------|------------------|---------|
| Kwong                Kai Shun |   |                                                  | —    |                       |   | —                     |   |                                                                   | — |                                                                                                                        |   | —                                             |   |             | — |   |   | — |   |   | — |   |
| Michael                Mak    |   |                                                  | 210,000(1) |                       |   | —                     |   |                                                                   | — |                                                                                                                        |   | —                                             |   |             | — |   |   | — |   |   | 210,000 |   |

|   | (1) | In                January 1, 2007, Michael Mak began receiving compensation under a                plan                pursuant to which he receives monthly compensation with respect to                salary,                housing and insurance in the amounts of $15,000, $3,000 and $1,000,                respectively. Mr. Mak did not claim any housing or insurance allowance                for                2007. Mr. Mak will also receive an annual bonus equivalent to two                months                salary subject to a minimum company achievement of $2,000,000 annual                profit before tax, which is the same company performance standard                to which                our CEO’s annual bonus is subject. The bonus for 2007 would be paid, if at                all, only after the 2007 fiscal year performance has been evaluated,                which                we expect to occur on or around on March 31, 2008. Based on preliminary                results of operations for 2007, Mr. Mak will achieve this bonus payment                for 2007. The compensation for Mr. Mak was set and approved by the                Board                of Directors. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (2) | Siu                Po Lee, Dr. Ching Wah Leung, and Wu Hok Lun were appointed to the                Board of                Directors in January 2008. The directors will be paid $10,000 annually                for                their services as a member of the Board of                Directors. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Equity      Compensation Plan Information **

| **Plan                Category**                                         |   | **Number of securities to be****issued                upon exercise of****outstanding                options,****warrants                and rights (a)** |    | **Weighted-****average exercise****price                of****outstanding****options,****warrants                and****rights                (b)** |   | **Number of securities****remaining available for****future                issuance under****equity compensation plans****(excluding                securities****reflected                in column (a)) (c)** |   |
|--------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| Equity                compensation plans approved by shareholders        |   |                                                                                                                                                                          | — |                                                                                                                                                     | $      | —                                                                                                                                                                                                                                       |   |   | — |   |
| Equity                compensation plans not approved by shareholders(1) |   |                                                                                                                                                                          | — |                                                                                                                                                     |   | —                                                                                                                                                                                                                                       |   |   | — |   |
|                                                                     |   |                                                                                                                                                                          |         |                                                                                                                                                     |   |                                                                                                                                                                                                                                          |   |   |  |   |
| Total                                                                    |   |                                                                                                                                                                          | — |                                                                                                                                                     | $      | —                                                                                                                                                                                                                                       |   |   | — |   |

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**Indemnifications      of Directors and Executive Officers and Limitations of      Liability**

| ·   | indemnify                officers and directors against certain liabilities that may arise                because                of their status as officers or directors; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | advance                expenses, as incurred, to officers and directors in connection with                a                legal proceeding, subject to limited exceptions; or |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | obtain                directors’ and officers’ insurance. |
|--------------------|-----------------------------------------------------------------------|

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| **ITEM 12.** | **SECURITY OWNERSHIP              OF              CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER              MATTERS** |
|--------------|-------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | Each                person known to be the beneficial owner of 5% or more of the outstanding                common stock of our company; |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | Each                executive officer; |
|--------|---------|----------------------------------------|

|   | • | Each                director; and |
|--------|---------|-----------------------------------|

|   | • | All                of the executive officers and directors as a group. |
|--------|---------|------------------------------------------------------------------------|

| **Name                and Address****of                Beneficial Owner**                                                                                                   |   | **Title** |                                                                            | **Beneficially****Owned** |   | **Percent                of Class****Beneficially****Owned** |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------|---------------------------------------------------------------------------------|---------------------------|--------|--------------------------------------------------------------|--------|
| ***Officers                and directors***                                                                                                                                 |   |      |                                                                                 |                      |   |                                                              |   |   |  |   |
| Kwong                Kai Shun                                                                                                                                               |   |      | Chairman                of the Board and Chief                Executive Officer |                      |   | 19,454,420                                                   |   |   | 77.9 | % |
|                                                                                                                                                                        |   |      |                                                                            |                      |   |                                                         |   |   |   |   |
| King                Wai Lin                                                                                                                                                 |   |      | Chief                Financial Officer                                          |                      |   | —                                                      |   |   | — |   |
|                                                                                                                                                                        |   |      |                                                                            |                      |   |                                                         |   |   |   |   |
| Michael                Mak                                                                                                                                                  |   |      | Director                and CorporateSecretary                                  |                      |   | —                                                      |   |   | — |   |
|                                                                                                                                                                        |   |      |                                                                            |                      |   |                                                         |   |   |   |   |
| Siu                Po Lee                                                                                                                                                   |   |      | Director                                                                        |                      |   | —                                                      |   |   | — |   |
|                                                                                                                                                                        |   |      |                                                                            |                      |   |                                                         |   |   |   |   |
| Dr.                Ching Wah Leung                                                                                                                                          |   |      | Director                                                                        |                      |   | —                                                      |   |   | — |   |
|                                                                                                                                                                        |   |      |                                                                            |                      |   |                                                         |   |   |   |   |
| Wu                Hok Lun                                                                                                                                                   |   |      | Director                                                                        |                      |   | —                                                      |   |   | — |   |
|                                                                                                                                                                        |   |      |                                                                            |                      |   |                                                         |   |   |   |   |
| Officers                and Directors as a Group (6 persons)                                                                                                                |   |      |                                                                                 |                      |   | 19,454,420                                                   |   |   | 77.9 | % |
|                                                                                                                                                                        |   |      |                                                                            |                      |   |                                                         |   |   |   |   |
| ***5%                of more******shareholders***                                                                                                                           |   |      |                                                                                 |                      |   |                                                              |   |   |  |   |
|                                                                                                                                                                        |   |      |                                                                            |                      |   |                                                         |   |   |   |   |
| Kam                YuenSuite                2911 Shell TowerTimes                Square 1Matheson                StreetCauseway                Bay,Hong                Kong |   |      |                                                                                 |                      |   | 1,550,388                                                    | (1)    |   | 5.8 | % |
|                                                                                                                                                                        |   |      |                                                                            |                      |   |                                                         |   |   |   |   |
| Debbie                Schwartzberg1900                Avenue Of The StarsSuite                301Los                Angeles,CA                90067                         |   |      |                                                                                 |                      |   | 1,332,795                                                    |   |   | 5.3 | % |
|                                                                                                                                                                        |   |      |                                                                            |                      |   |                                                         |   |   |   |   |
| Richard                Rappaport1900                Avenue Of The StarsSuite                301Los                Angeles,CA                90067                           |   |      |                                                                                 |                      |   | 1,332,795                                                    |   |   | 5.3 | % |

|   | (1) | Represents                775,194 shares of Series A Convertible Preferred Stock held by Success                Day                International Limited and 775,194 shares of Series A Convertible                Preferred                Stock held by Sino Sky Enterprise Limited. The Preferred Stock is                convertible into shares of Common Stock. Mr. Kam Yuen may be deemed                to be                the beneficial owner of the shares as the majority shareholder of                each of                Success Day International Limited and Sino Sky Enterprise Limited.                Mr. Kam                Yuen disclaims beneficial ownership of the shares except to the extent                of                his pecuniary interest. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**ITEM      13. **
**CERTAIN      RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR      INDEPENDENCE**

**Times      Manufacture & E-Commerce Corporation Limited **

**January      2007 Share Exchange **

**WestPark      Capital, Inc. **

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**Agreement      of Kwong Kai Shun**

|   | A | means                the number of additional shares of common stock to be transferred                by Mr.                Kwong to the investors. |
|--------|---|-----------------------------------------------------------------------------------------------------------------------------------------------------|

|   | N | means                the number of stock held by the investors. |
|--------|---|-----------------------------------------------------------------|

|   | S | means                the shortfall in agreed valuation per share of Common Stock calculated                as                follows: $1.29 - ((actual amount of net income for                2007 × 4) / 25,482,210). |
|--------|---|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Director      Independence **

**Policy      for Approval of Related Party Transactions **

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**ITEM      14. **
**PRINCIPAL      ACCOUNTING FEES AND SERVICES**

|                                          |   | **Fees                for the Year Ended****December                31** |   |
|-----------------------------------------------|--------|--------------------------------------------------------------------------|--------|
| **Services**                                  |   | **2007**                                                                 |   | **2006** |   |
| Audit                fees(1)                  |   | $                                                                        | 81,864 |   | $ | 62,695 |   |
| Audit-related                fees(2)          |   |                                                                     | -      |   |   | - |   |
| Tax                fees(3)                    |   |                                                                     | -      |   |   | - |   |
| All                other fees(4)              |   |                                                                     | -      |   |   | - |   |
|                                          |   |                                                                     |   |   |   |   |   |
| Total                audit and non-audit fees |   | $                                                                        | 81,864 |   | $ | 62,695 |   |

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**Pre-Approval      Policy**

**PART      IV**

**ITEM      15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES**

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**SIGNATURES**

|   |   |   | **Asia                Time Corporation**                                                                    |
|--------|--------|--------|-------------------------------------------------------------------------------------------------------------|
|   |   |   |                                                                                                        |
|   |   |   |                                                                                                        |
|   |   |   | /s/                Kwong Kai Shun                                                                           |
|   |   |   | Kwong                Kai ShunChief                Executive Officer andChairman                of the Board |

| SIGNATURE                          |   | TITLE                                                            |   | DATE                          |
|------------------------------------|--------|------------------------------------------------------------------|--------|-------------------------------|
|                               |   |                                                             |   |                          |
|                               |   |                                                             |   |                          |
| /s/                Kwong Kai Shun  |   | Chief                Executive Officer and Chairman of the Board |   | April                29, 2008 |
| Kwong                Kai Shun      |   | (Principal                Executive Officer)                     |   |                          |
|                               |   |                                                             |   |                          |
| /s/                King Wai Lin    |   | Chief                Financial Officer                           |   | April                29, 2008 |
| King                Wai Lin        |   | (Principal                Financial and Accounting Officer)      |   |                          |
|                               |   |                                                             |   |                          |
|                               |   |                                                             |   |                          |
| /s/                Michael Mak     |   | Director                and Corporate Secretary                  |   | April                29, 2008 |
| Michael                Mak         |   |                                                             |   |                          |
|                               |   |                                                             |   |                          |
|                               |   |                                                             |   |                          |
| *                                  |   | Director                                                         |   | April                29, 2008 |
| Lee                Siu Po          |   |                                                             |   |                          |
|                               |   |                                                             |   |                          |
|                               |   |                                                             |   |                          |
| *                                  |   | Director                                                         |   | April                29, 2008 |
| Dr.                Leung Ching Wah |   |                                                             |   |                          |
|                               |   |                                                             |   |                          |
|                               |   |                                                             |   |                          |
|                               |   | Director                                                         |   |                          |
| Wu                Hok Lun          |   |                                                             |   |                          |

|   |   |                                                     |   |
|--------|--------|----------------------------------------------------------|--------|
| *By:   |   | /s/    Kwong                Kai Shun |   |
|   |   | Kwong                Kai Shun, Attorney-in-Fact          |   |
|   |   | April                29, 2008                            |   |

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**EXHIBIT      INDEX**

| **Exhibit                No.** |   | **Exhibit                Description**                                                                                                                                                                                                                                                                                                                                                                                                                  |
|--------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 2.1                            |   | Share                Exchange Agreement, dated as of December 15, 2006, by and among the                Registrant, Kwong Kai Shun and Times Manufacture & E-Commerce                Corporation, Limited (incorporated by reference from Exhibit 2.1                to                Current Report on Form 8-K filed with the Securities and Exchange                Commission on January 29, 2007).                                       |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 3.1                            |   | Certificate                of Incorporation (incorporated by reference from Exhibit 3.1 to the                Registration Statement on Form 10-SB (File No. 000-51981) filed with                the                Securities and Exchange Commission on May 5, 2006).                                                                                                                                                                                |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 3.2                            |   | Bylaws                (incorporated by reference from Exhibit 3.2 to the Registration Statement                on Form 10-SB (File No. 000-51981) filed with the Securities and                Exchange                Commission on May 5, 2006).                                                                                                                                                                                                      |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 3.3                            |   | Articles                of Merger Effecting Name Change (incorporated by reference from Exhibit                3.3 to Current Report on Form 8-K filed with the Securities and Exchange                Commission on January 29, 2007).                                                                                                                                                                                                                 |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 3.4                            |   | Certificate                Of Designations, Preferences And Rights Of Series A Convertible Preferred                Stock (incorporated by reference from Exhibit 3.4 to Current Report                on                Form 8-K filed with the Securities and Exchange Commission on January                29,                2007).                                                                                                                 |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 4.1                            |   | Specimen                Certificate of Common Stock (incorporated by reference to Exhibit                4.1 of                the Registrant's Registration Statement on Form SB-2 filed August                20,                2004).                                                                                                                                                                                                               |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 4.2                            |   | Trust                Deed, dated November 13, 2007, by and between the Registrant and                The Bank                of New York, London Branch (incorporated by reference to Exhibit                4.1 to                the Current Report on Form 8-K filed with the Securities and Exchange                Commission on November 16, 2007).                                                                                               |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 4.3                            |   | Paying                and Conversion Agency Agreement, dated November 13, 2007, by and                among the                Registrant, The Bank of New York, and The Bank of New York, London                Branch                (incorporated by reference to Exhibit 4.2 to the Current Report on                Form                8-K filed with the Securities and Exchange Commission on November                16,                2007). |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 4.4                            |   | Warrant                Instrument, dated November 13, 2007, by and between the Registrant                and ABN                AMRO Bank N.V. (incorporated by reference to Exhibit 4.3 to the Current                Report on Form 8-K filed with the Securities and Exchange Commission                on                November 16, 2007).                                                                                                        |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 4.5                            |   | Warrant                Agency Agreement, dated November 13, 2007 among the Registrant, The                Bank                of New York and The Bank of New York, London Branch (incorporated                by                reference to Exhibit 4.4 to the Current Report on Form 8-K filed                with the                Securities and Exchange Commission on November 16,                2007).                                       |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 4.6                            |   | Registration                Rights Agreement, dated November 13, 2007, by and between the Registrant                and ABN AMRO Bank N.V. (incorporated by reference to Exhibit 4.5                to the                Current Report on Form 8-K filed with the Securities and Exchange                Commission on November 16, 2007).                                                                                                            |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 10.1                           |   | Form                of Subscription Agreement dated as of January 23, 2007 and February                9,                2007 (incorporated by reference from Exhibit 10.1 to Current Report                on                Form 8-K filed with the Securities and Exchange Commission on February                13,                2007).                                                                                                           |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 10.1(a)                        |   | Form                of Amendment No. 1 dated as of July 20, 2007 to Subscription Agreement                (incorporated by reference from Exhibit 10.1(a) to Registration Statement                on Form S-1 filed with the Securities and Exchange Commission on                December                18, 2007).                                                                                                                                   |

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| **Exhibit                No.** |   | **Exhibit                Description**                                                                                                                                                                                                                                                                                                                                                                                         |
|--------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.1(b)                        |   | Form                of Amendment No. 2 dated as of December 16, 2007 to Subscription                Agreement                (incorporated by reference from Exhibit 10.1(b) to Registration Statement                on Form S-1 filed with the Securities and Exchange Commission on                December                18, 2007, 2008).                                                                                 |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 10.2                           |   | Form                of Agreement between Kwong Kai Shun and Investors of Series A Convertible                Preferred Stock (incorporated by reference from Exhibit 10.2 to                Registration Statement on Form S-1 filed with the Securities and                Exchange                Commission on September 26, 2007).                                                                                         |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 10.2(a)                        |   | Amendment                No. 1 to Agreement between Kwong Kai Shun and Investors of Series                A                Convertible Preferred Stock, dated June 30, 2007 (incorporated by                reference to Exhibit 10.2(a) of the Registration Statement on Form                S-1                filed with the Securities and Exchange Commission on September 26,                2007).                      |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                           |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                           |
|  10.2(b)                  |   | Form                of Amendment No. 2 to Agreement between Kwong Kai Shun and Investors                of                Series A Convertible Preferred Stock (incorporated by reference to                Exhibit                10.2(b) of the Registration Statement on Form S-1 filed with the                Securities and Exchange Commission on December 18,                2007).                                    |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 10.3                           |   | Subscription                Agreement, dated October 31, 2007, by and between the Registrant                and ABN                AMRO Bank N.V. (incorporated by reference to Exhibit 10.3 to the                Current                Report on Form 8-K filed with the Securities and Exchange Commission                on                November 16, 2007).                                                            |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 10.4                           |   | Registration                Rights Agreement dated January 23, 2007 entered into by and between                the                Registrant and Affiliates of WestPark Capital, Inc. (incorporated                by                reference to Exhibit 10.4 of the Registration Statement on Form S-1                filed                with the Securities and Exchange Commission on December 18,                2007). |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 10.5                           |   | Employment                Agreement by and between King Wai Lin and the Registrant dated April                21,                2008 (incorporated by reference to Exhibit 10.1 to the Current Report                on                Form 8-K filed with the Securities and Exchange Commission on April                24,                2008).                                                                           |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 10.6                           |   | Confidentiality                Agreement by and between King Wai Lin and the Registrant dated April                21,                2008 (incorporated by reference to Exhibit 10.2 to the Current Report                on                Form 8-K filed with the Securities and Exchange Commission on April                24,                2008).                                                                      |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 21.1                           |   | List                of Subsidiaries (incorporated by reference from Exhibit 21.1 to Current                Report on Form 8-K filed with the Securities and Exchange Commission                on                January 29, 2007).                                                                                                                                                                                            |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 31.1                           |   | Certification                of Chief Executive Officer pursuant to Item 601(b)(31) of Regulation                S-K,                as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of                2002.                                                                                                                                                                                                      |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 31.2                           |   | Certification                of Chief Financial Officer pursuant to Item 601(b)(31) of Regulation                S-K,                as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of                2002.                                                                                                                                                                                                      |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 32.1*                          |   | Certifications                of Chief Executive Officer pursuant to 18 U.S.C. Section 1350 as                adopted pursuant to Section 906 of the Sarbanes-Oxley Act of                2002.                                                                                                                                                                                                                           |

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| * | This                exhibit shall not be deemed "filed" for purposes of Section 18 of                the                Securities Exchange Act of 1934 or otherwise subject to the liabilities                of                that section, nor shall it be deemed incorporated by reference in                any                filing under the Securities Act of 1933 or the Securities Exchange                Act of                1934, whether made before or after the date hereof and irrespective                of any                general incorporation language in any                filings. |
|---|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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