UNITED
STATES SECURITIES
AND EXCHANGE COMMISSION Washington,
D.C. 20549  Form
10-K (Mark
One)  [X]  ANNUAL
REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  For
the Fiscal Year Ended June 30, 2015  [ 
]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  Commission
File No.333-199029  VERSHIRE
CORPORATION (Exact
name of registrant as specified in its charter)  Nevada
        (State
        or Other Jurisdiction of Incorporation or Organization)
    8900
        (Primary
        Standard Industrial Classification Number)
    98-1190597
        (IRS
        Employer
        Identification
        Number)  72-3b,
Jln puteri 2/4, bdr puteri Puchong 47100, Selangor, Malaysia Tel:
+60122953206 Email:
nubus2006@yahoo.com (Address,
including zip code, and telephone number, including
area code, of registrant’s principal executive offices)  Copies
of all communications to:   GRENFELL CAPITAL LIMITED  GRENFELL
CAPITAL LIMITED Suite
705, Siu On Centre 188
Lockhart Road, Wanchai, Hong Kong 00000 Telephone
No.: +852 8120 7213    Fax: +1 323 843 1095 Email:
corp@grenfellcaptial.com  Not
Applicable (Former
Name, Former Address and Former Fiscal
Year if Changed Since Last Report) Securities
registered under Section 12(b) of the Act:  Title
                           of each class registered
        --------------------------------------------
        None
    Name
    of each exchange on which registered:
           -----------------------------------------------------
            None  Securities
registered under Section 12(g) of the Act: Common
Stock, $0.001 Par Value
(Title of Class)  Indicate
    by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.  Yes
    [   ]   No [ x ]  Indicate
    by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.  Yes
    [   ] No [ x ]  Indicate
    by check whether the Registrant (1) has filed all reports required to be filed 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
    [ x ]   No [   ]  Indicate
    by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will
    not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference
    in Part III of this Form 10-K or any amendment to this Form 10-K.  [
      ]  Indicate
    by check whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting
    company. See the definitions of "large accelerated filer," "accelerated filer" and "small reporting
    company" in Rule 12b-2 of the Exchange Act. (check one)  Large
    Accelerated Filer [   ]   Accelerated Filer [   ]   Non-Accelerated Filer [   ]
      Smaller Reporting Company [ x ]  Indicate
    by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).  Yes
    [ x ]  No [   ]  On
    October 15, 2015, the number of shares held by non-affiliates of the registrant was 8,000,000 shares of common stock. There
    is no calculation on the aggregate market value of the voting stock held by non-affiliates at the moment, as the Company's
    shares have not yet traded on the Over-the-counter Bulletin Board.  Solely
    for the purpose of this calculation, shares held by directors and officers of the registrant have been excluded. Such exclusion
    should not be deemed a determination or an admission by registrant that such individuals are, in fact, affiliates of the registrant.  There
    are 11,000,000 shares of Vershire Corporation of $0.001 par value common stock outstanding as of the date of this filing October 15,
    2015  At
    October 15, 2015, we had outstanding 11,000,000 shares of common stock.  DOCUMENTS
    INCORPORATED BY REFERENCE  Exhibits
    incorporated by reference are referred under Part IV.    VERSHIRE
    CORPORATIONJune
    30, 2015PART
    I
    PageItem 1.
    Business
    1Item 1A.
    Risk Factors
    4Item 1B.
    Unresolved Staff
    Comments
    7Item 2.
    Properties
    7Item 3.
    Legal Proceedings
    7Item 4.
    Mine Safety Disclosures
    7PART
    IIItem 5.
    Market for Registrant’s
    Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
    7Item 6.
    Selected Financial
    Data
    7Item 7.
    Management’s
    Discussion and Analysis of Financial Condition and Results of Operation
    8Item 7A.
    Quantitative
    and Qualitative Disclosures About Market Risk
    9Item 8.
    Financial Statements
    and Supplementary Data
    9Item 9.
    Changes in and
    Disagreements with Accountant on Accounting and Financial Disclosures
    9Item 9A.
    Controls and
    Procedures
    9Item 9B.
    Other Information
    99PART
    IIIItem 10.
    Directors, Executive
    Officers, And Corporate Governance
    10Item 11.
    Executive Compensation
    11Item 12.
    Security Ownership
    of Certain Beneficial Owners and Management and Related Stockholder Matters
    13Item 13
    Certain Relationships
    and Related Transactions, and Director Independence
    14Item 14
    Principal Accounting
    Fees And Services.
    14PART
    IV
    15Item 15.
    Exhibits, Financial
    Statement Schedules
    15SIGNATURES
    16    PART
    I   Item
    1. Business.  Business
    History  VERSHIRE
    CORPORATION (“VSC”, “we”, “the Company”) was incorporated in the State of Nevada on March
    10, 2014 and established June 30 as its fiscal year end. We are a development-stage company that intended to provide online
    beauty tips services through our to-be-developed website. We planned on provide online beauty consultation and sale of organic
    beauty products. Originally, we focused on providing beauty tip and advises based on traditional beauty methods and theory
    practiced in Asia. Our business model was to build a membership base offering our member various membership plans of select
    hours of consultation. As our membership grows, we then offer to sell our own line of beauty products made from natural herbs
    and/or organic substances. We plan on providing online services through online website focusing on:  1.
    Traditional skin care knowledge
    and tips from head to toe, including face and body care by massage and face and body care by diet via using natural herbs.2.
    DIY treatment for controlling weight,
    and overall health wellness.  At
    the very beginning stage, we also intended to provide live-person video call services center for proper care of body and face
    consultancy, control weight consultancy and personal health wellness tracking program. For those people who expect to have
    a regular and traditional beauty consultancy to solve face and body problems by using natural herbs, DIY treatments on weight
    control, or even a personal tailored health wellness program, they can get our consultants to make video calls at scheduled
    time to guide and monitor the treatments, or packages mentioned above.  We
    plan on generating revenue through monthly subscriptions fees. We expect to charge depending on the number of services needed.
    Our planned membership services packages and description would be:  DescriptionProper
    Face & Body Care
    Basic
                                         Asian face care theory and knowledge.Face
    Care by Massage
    Except
                                         the basic face care knowledge and tips, we intend to post on our to-be-developed website,
                                         face care massage classes to our paid membership on webcast or other internet tools.Face
    Care by Diet
    For
                                         those clients who desire to prevent facial skin from early aging, we plan to give classes
                                         to paid members to teach them nutritional diet balance, having more food good for the
                                         skin and some Dos and Don’t in daily diet.Face
    & Body Care by Herbs
    We
    plan to offer beauty tips and face and body care from the use of herbs for those who are particular interested in a natural
    way to maintain a beauty appearance without taking any medicine or using artificial skin care products.  Due
    to the nature of our services, we believed that we could offer our services throughout the Hong Kong and Asia area. We intended
    to focus our initial marketing campaign in Hong Kong and then extended our marketing campaign towards the other parts of Asia.  Business
    Overview  Vershire
    Corporation is a development stage company in the business of providing beauty and wellness tips through its website and intends
    to sell organic nature herb beauty products once we complete the product sourcing. The Company's activities to date have consisted
    primarily of organizational, developing the website and membership system, and doing research on defining our distinguished
    aspects on providing beauty and wellness tips, especially on offering face recognition system on our website as a share platform
    to provide beauty and wellness tips based on individual cases. The Company has not yet commenced its principal revenue driving
    activities. As of the date of this report, the Company has concentrated on conducting market research on the future trend
    and needs of the beauty industry in digital imagery and face recognition.  During
    the year, in January 2015, the Company sold 3,000,000 shares in the Company for a total of $45,000 under a registration statement
    registered with the SEC which became effective on December 17, 2014. The proceeds from this capital raise was used as working
    capital to further develop our business and our business plan as set out in our Form S-1 registered with the SEC on September
    30, 2014.   Market
    Opportunity  The
    Company believes online beauty tip services are very important for personal use and will be an effective tool for building
    up a strong constitution, to achieve a goal of health enhancement, beautifulness preservation, and relieving pressure in order
    to improve the work efficiency.  There
    is a growing concern about plastic surgery and cosmetic products and their side effects including allergic reactions and beauty
    products dependence, which make people concern with these type of treatment. This creates the demand for improved beauty care
    methods, and the use of natural herbs and Asian beauty theory of using natural herb and folk recipes to adjust the internal
    balance to reach good condition of face and body appearance.  Stress
    is a natural part and an unavoidable consequence of life. As the pace of modern life continues to increase, we always feel
    the stress of non-stop action from morning till night. Our online beauty tips and organic products, will not only ameliorate
    people’s appearance but also to promote an environment for a peaceful mind. Moreover, useful online beauty tips will
    bring people more confidence and make daily life better.  People
    often spend a lot of money to go to a beauty salon for maintain healthy skin and body, which is very time and energy consuming.
    Sometimes it is difficult to make skin care appointment on the weekend, thus some people even have to sacrifice work or family
    time to adjust their schedule for a skin care appointment. We believe people with busy lives can also benefit from our live-person
    video call centre services. Instead of spending money at beauty salon, our business strategy is to make our service more convenient
    than the spas or beauty salons offered to the customer. We plan to offer our services at affordable prices in the existing
    markets to complete for the business sector and the unexplored market for regular daily personal use.   1    Competition  We
    believe that our services would be beneficial for a greater number of clients, ranging from the teenagers stay-at-home mother,
    university students, beauty lovers, overweight people, business people, most of people who care about their beauty and health
    condition.  Compared
    with the beauty salon, our strategy is to offer a brand new, flexible, effective and cheaper way to have beauty services,
    affordable to virtually anybody. We expect our costs will be lower than the beauty salon, and at a greater convenience to
    the time when people are available.  Marketing  Our
    services are planned to be based from our website, but we also intend to use our to-be-developed website (www.vershirecorp.com)
    as a marketing tool. We intend to advertise our services and website in health and beauty magazines, other websites and in
    the social media including Facebook, Twitter, Wechat and Weibo.  Our
    marketing campaign is planned to start after the successful launching of our services centre and website. We expect to start
    and run our initial marketing campaign around one month after we have raised enough funds to start implementing our Plan of
    Operations.  We
    have not yet contacted, researched or secured any kind of agreement and/or contract with any magazine or website.  We
    have not yet contacted or secured any kind of agreement and/or contract with any retailer or supplier.  Business
    Development  Management  Subsequent
    to the year end of June 30, 2015, in February 2015 the controlling shareholder of the Company was changed to Masterco International
    Limited which now holds and controls 72.73% equity interests of the Company. As a result of the shareholder change, on February
    24, 2015, Ms. Xi Ying KOU, our then President, Treasurer, Chief Financial Officer and Director and Ms. Lu XIA, our then Company
    Secretary resigned from all their respective positions in the Company. And on the same date, Mr. Oon Leong WONG was appointed
    as the President, Chief Executive Officer and Director of the Company, Mr. Boon Thye WONG was appointed as the Treasurer,
    Chief Financial Officer and Director of the Company and Mr. Yoke Chong SIN was appointed as the Company Secretary of the Company.  Service
    Sharing Platform  For
    the year ended June 30, 2015, our focus was on identifying a unique technique to offer beauty and wellness tips through a
    service sharing platform (both our website and mobile app as the carrier) via face recognition technology. The service sharing
    platform promotes reciprocal strategies for users on beauty tips and organic cosmetic advertising, efficient time management,
    cash-free payment, potentially directs the target customers to the suitable cosmetic products and wellness beauty advisers,
    and links the online users to the offline cosmetic companies (O2O).  The
    platform will cover all inclusive beauty and wellness tips categories including facial, hair, nails, makeup, massage, and
    fitness, etc. as set out in our business plan in our Registration Statement Form S-1 and its related amendments. By embedding
    the face recognition system on the website and mobile app, it will allow the camera to scan the person by either computer
    camera or cellphone camera, rapidly capture essential face structure and health evaluation, and eventually provide facial,
    makeup or fitness advice. Once the user advice result comes out, the system will automatically generate a few suitable cosmetic
    products to the user, and a 10 years later picture of the user projecting an image of the user’s face with who has followed
    the recommended skin care, cosmetic products and beauty tips provided.  Face
    Recognition and Analysis System  The
    system is mainly consists of three key components. i) visual sensing: the component includes one camera and a control node
    (a workstation computer). The code will be programmed to control the end user’s camera either on computer or cellphone,
    so the camera is assigned and manipulated to detect and capture the body, face and expression; the control node will send
    the data stream to the platform backend node to analyze; ii) back end node control: the control node of the platform in the
    back end will analyze the visual inputs to estimate/recognize/reason users’ face, body and health information, such
    as age, gender, weight, height, face structure, health condition. It will select to play corresponding multimedia skin care
    and cosmetic contents, such as skin care ads for a middle age woman who has more fine lines and winkles on the face compared
    to the similar age women, based on the injected demographic face and body database. Users’ emotion states will be estimated
    through facial expressions which can infer the context of psychographic information, such as attitude and feelings. By capturing
    and analyzing the structure of a group of customers, the control node will extract contextual features of social settings
    that can infer the social status and living environment. The detected psychographic information will be transferred to the
    multimedia server to label the corresponding multimedia content; iii) multimedia management: this component is dominated by
    the multimedia server, which stores all the multimedia contents, online updates the demographic and psychographic information,
    and summarizes the statistics of ratings and generates surveys in real-time. It communicates with other system components
    to update system states.  Product
    Sourcing  Adhering
    to our nature and organic product philosophy, for the year ended June 30, 2015, we reviewed many cosmetic products and narrowed
    down to two brands of organic skin care and cosmetic products which share the same value with us, one is from Italian, the
    other brand is from France. We have reviewed these two product lines and determined that at this time we cannot include them
    in our product line.  We will need to continue to source other brands to add to our product lineup to appeal to
    the needs of our customers. Therefore, we will continue to focus on sourcing products in the coming year.    2    Business
    Development  Creating
    unique platform for sharing and providing beauty and wellness information, and linking up end user to the offline skin care
    and beauty cosmetic companies, will greatly stimulate more online transactions and activities. The below chart describes our
    business model:  Business Model  Vershire
    sharing platform is the link chain to bridge the end user/customers with the skin care/cosmetic product companies. Vershire
    sharing platform is in a role of providing push advertisement of recommend products based on the computerized result from
    capturing the end user/customer face and body image via face recognition technology. End user/customer will have a sense the
    outcome of continue applying the recommend products, and through a picture of himself/herself after 10 years.  This
    is the just the first part of our business model. We have an updated business model once we have fully develop the face recognition
    system and then we will contact the named brands of nature and organic cosmetic companies to offer the face recognition system
    and Vershire platform into their retail shops inside the department stores. The system will capture the face and body image,
    analyze the data and recommend the in store products to the customer and will show a picture of the customer using the products
    for 10 years and to provide a comparison picture of the customer’s image without using any skin care products for 10
    years. Currently we are still developing our business model.  Employment  As
    of June 30, 2015, we have three part time employees namely our officers of the Company. Subject to financing, in the next
    twelve months, the Company plans to hire consultants to undertake and implement the operational plans.  Intellectual
    Property  We
    intend, in due course, subject to legal advice, to apply for trademark protection and/or copyright protection of our future
    intellectual property and our to-be-developed services in the Hong Kong and Asia.  We
    intend to aggressively assert our right trademark and copyright laws to protect our future intellectual property, including
    concepts and recognized trademarks. These rights are protected through the acquisition of trademark registrations, the maintenance
    of copyrights, and, where appropriate, litigation against those who are, in our opinion, infringing these rights.  While
    there can be no assurance that registered trademarks and copyrights will protect our proprietary information, we intend to
    assert our future intellectual property rights against any infringer. Although any assertion of our rights can result in a
    substantial cost to, and diversion of effort by, our Company, we believe that the protection of our future intellectual property
    rights is a key component of our operating strategy.  Regulatory
    Matters  We
    are unaware of and do not anticipate having to expend significant resources to comply with any governmental regulations of
    the beauty consultancy services industry. However, we still need to verify certifications and possible government approvals
    needed to execute our business. We are subject to the laws and regulations of those jurisdictions in which we plan to sell
    our services, which are generally applicable to business operations, such as business licensing requirements, income taxes
    and payroll taxes. In general, the development and operation of our business is not subject to special regulatory and/or supervisory
    requirements.   3    Item
    1A. Risk Factors  An
    investment in our Common Stock involves a high degree of risk. You should carefully consider the risks and uncertainties described
    below before making a decision to invest in our Common Stock. Our business, operating results, financial condition or prospects
    could be materially and adversely affected by any of these risks and uncertainties. In that case, the trading price of our
    Common Stock could decline and you might lose all or part of your investment. In addition, the risks and uncertainties discussed
    below are not the only ones we face. Our business, operating results, financial performance or prospects could also be harmed
    by risks and uncertainties not currently known to us or that we currently do not believe are material. In assessing the risks
    and uncertainties described below, you should also refer to the other information contained in this Report before making a
    decision to invest in our Common Stock.  Risks
    Associated with Our Financial Condition  OUR
    AUDITORS HAVE ISSUED A GOING CONCERN OPINION AND ALTHOUGH OUR PRESIDENT HAS AGREED TO CONTRIBUTE MONEY TO US, WE MAY NOT BE
    ABLE TO ACHIEVE OUR OBJECTIVES SINCE WE DO NOT HAVE ADEQUATE CAPITAL AND MAY HAVE TO SUSPEND OR CEASE OUR ACTIVITY  Our
    auditors have issued a going concern opinion. This means that there is doubt that we can continue as an ongoing business for
    the next twelve months. Despite the fact our President Mr. Oon Leong WONG, our CFO Mr. Boon Thye WONG, and Company Secretary
    Mr. Yoke Chong SIN are willing to contribute or advance capital to the Company to finance 12 months of operating expenses,
    we would not be able to implement our operating plans without raising additional capital through the issuance of common shares.
    In the event we are unable to raise additional capital we may have to cease operations and go out of business.  SINCE
    THE COMPANY ANTICIPATES OPERATING EXPENSES WILL INCREASE PRIOR TO EARNING REVENUE, WE MAY NEVER ACHIEVE PROFITABILITY  The
    Company anticipates increases in its operating expenses, without realizing any revenues from its business activities. Within
    the next 12 months, the Company will have costs related to (i) maintaining our report status, (ii) hiring third party services
    for web development, (iii) marketing, and (vi) administrative expenses.  There
    is no history upon which to base any assumption as to the likelihood that the Company will prove successful. We cannot provide
    investors with any assurance that our services will attract customers; generate any operating revenue or ever achieve profitable
    operations. If we are unable to address these risks, there is a high probability that our business can fail, which will result
    in the loss of your entire investment.  IF
    WE DO NOT RAISE ENOUGH CAPITAL TO RUN OUR BUSINESS, WE WILL HAVE TO DELAY THE LAUNCH OF OUR BUSINESS ACTIVITIES OR GO OUT
    OF BUSINESS, WHICH WILL RESULT IN THE LOSS OF YOUR INVESTMENT  There
    is no assurance that can be given that the Company would gain access to capital markets or obtain acceptable financing to
    continue operations for twelve months. If we are not successful in providing additional financing to sustain operations it
    may have adverse effect upon the results of its operations and upon its financial conditions. You may be investing in a company
    that may not have the funds necessary to conduct any business due to our inability to raise additional capital. If that occurs
    we will have to delay or cease our business activities and go out of business which will result in the loss of your investment.  Risks
    Related to Our Stocks  OUR
    COMMON STOCK IS SUBJECT TO RISKS ARISING FROM RESTRICITON ON RELIANCE ON RULE 144 BY SHELL COMPANIES OR FORMER SHELL COMPANIES.  Under
                                         a regulation of the SEC known as "Rule 144," a person who has beneficially
                                         owned restricted securities of an issuer and who is not an affiliate of that issuer may
                                         sell them without registration under the Securities Act provided that certain conditions
                                         have been met. One of these conditions is that such person has held the restricted securities
                                         for a prescribed period, which will be 6 months or 1 year, depending on various factors.
                                         The holding period for our common stock would be 1 year if our common stock could be
                                         sold under Rule 144. However, Rule 144 is unavailable for the resale of securities issued
                                         by an issuer that is a shell company (other than a business combination related shell
                                         company) or that has been at any time previously a shell company. The SEC defines a shell
                                         company as a company that has (a) no or nominal operations and (b) either (i) no or nominal
                                         assets, (ii) assets consisting solely of cash and cash equivalents; or (iii) assets consisting
                                         of any amount of cash and cash equivalents and nominal other assets.
        
        The
        SEC has provided an exception to this unavailability if and for as long as the following conditions are met:  -
    We
    will have to be sponsored by a participating market maker who will file a Form 211 on our behalf since we will not have direct
    access to the NASD personnel and;-
    The
    issuer of the securities is subject to the reporting requirements of Section 13 or 15(d) of the Exchange Act;-
    The
    issuer of the securities has filed all Exchange Act reports and material required to be filed, as applicable, during the preceding
    12 months (or such shorter period that the issuer was required to file such reports and materials), other than Current Reports
    on Form 8-K; and-
    At
    least one year has elapsed from the time that the issuer filed current comprehensive disclosure with the SEC reflecting its
    status as an entity that is not a shell company known as “Form 10 Information.”  THE
    COMPANY’S MANAGEMENT COULD ISSUE ADDITIONAL SHARES, SINCE THE COMPANY HAS 75,000,000 AUTHORIZED SHARES, DILLUTING THE
    CURRENT SHARE HOLDERS’ EQUITY  The
    Company has 75,000,000 authorized shares, of which 11,000,000 are issued and outstanding as of June 30, 2015. The Company’s
    management could, without the consent of the existing shareholders, issue substantially more shares, causing a large dilution
    in the equity position of the Company’s current shareholders. Additionally, large share issuances would generally have
    a negative impact on the Company’s share price. It is possible that, due to additional share issuance, you could lose
    a substantial amount, or all, of your investment.   4    WITHOUT
    A PUBLIC MARKET THERE IS NO LIQUIDITY FOR OUR SHARES AND OUR SHAREHOLDERS MAY NEVER BE ABLE TO SELL THEIR SHARES WHICH WOULD
    RESULT IN A TOTAL LOSS OF THEIR INVESTMENT  Our
    Common Stock are not listed on any exchange or quotation system. There is no market for our shares. Consequently, our shareholders
    will not be able to sell their shares in an organized market place unless they sell their shares privately. If this happens,
    our shareholders might not receive a price per share which they might have received had there been a public market for our
    shares. It is our intention to apply for a quotation on the OTCBB whereby:  -
    We
    will have to be sponsored by a participating market maker who will file a Form 211 on our behalf since we will not have direct
    access to the NASD personnel and,-
    We
    will not be quoted on the OTCBB unless we are current in our periodic reports filed with the SEC.  As
    of June 30, 2015, we estimate that it could take us between twelve to twenty weeks to be approved for a quotation on the OTCBB.
    However, we cannot be sure we will be able to obtain a participating market maker or be approved for a quotation on the OTCBB,
    in which case, there will be no liquidity for the shares of our shareholders.  BECAUSE
    WE WILL BE SUBJECT TO THE "PENNY STOCK" RULES, THE LEVEL OF TRADING ACTIVITY IN OUR STOCK MAY BE REDUCED.  Broker-dealer
    practices in connection with transactions in "penny stocks" are regulated by penny stock rules adopted by the Securities
    and Exchange Commission. Penny stocks generally are equity securities with a price of less than $5.00 (other than securities
    registered on some national securities exchanges or quoted on NASDAQ). The penny stock rules require a broker-dealer, prior
    to a transaction in a penny stock not otherwise exempt from the rules, to deliver a standardized risk disclosure document
    that provides information about penny stocks and the nature and level of risks in the penny stock market. The broker-dealer
    also must provide the customer with current bid and offer quotations for the penny stock, the compensation of the broker-dealer
    and its salesperson in the transaction, and, if the broker-dealer is the sole market maker, the broker-dealer must disclose
    this fact and the broker-dealer’s presumed control over the market, and monthly account statements showing the market
    value of each penny stock held in the customer’s account. In addition, broker-dealers who sell these securities to persons
    other than established customers and "accredited investors" must make a special written determination that the penny
    stock is a suitable investment for the purchaser and receive the purchaser’s written agreement to the transaction. Consequently,
    these requirements may have the effect of reducing the level of trading activity, if any, in the secondary market for a security
    subject to the penny stock rules, and investors in our common stock may find it difficult to sell their shares.  WE
    HAVE NOT PAID, AND DO NOT INTEND TO PAY CASH DIVIDENDS IN THE FORESEEABLE FUTURE  We
    have not paid any cash dividends on our Common Stock and do not intend to pay cash dividends in the foreseeable future. We
    intend to retain future earnings, if any, for reinvestment in the development and expansion of our business. Dividend payments
    in the future may also be limited by other loan agreements or covenants contained in other securities that we may issue. Any
    future determination to pay cash dividends will be at the discretion of our Board of Directors and depend on our financial
    condition, results of operations, capital and legal requirements and such other factors as our Board of Directors deems relevant.  Risks
    Associated with Management and Control Persons  OUR
    OFFICERS AND DIRECTOR HAVE OTHER OUTSIDE BUSINESS ACTIVITIES AND MAY NOT BE IN A POSITION TO DEVOTE A MAJORITY OF THEIRTIME
    TO OUR BUSINESS ACTIVITY, WHICH MAY RESULT IN PERIODIC INTERRUPTIONS AND BUSINESS FAILINGS  Our
    President and Director, Mr. Oon Leong WONG, and CFO, Mr. Boon Thye WONG, are currently devoting about 15 hours per week each
    to our business. Our Company Secretary Mr. Yoke Chong SIN is dedicating about 5 hours per weeks to our business. Nevertheless,
    as a consequence of the limited devotion of time to the affairs of the Company expected from management, our business may
    suffer. Additionally, we do not have any full or part-time employees. If the demands of our business require the full business
    time of our management, it is possible that both our Officers and Directors may not be able to devote sufficient time to the
    management of our business, as and when needed. If our management is unable to devote a sufficient amount of time to manage
    our operations, our business will fail.  BECAUSE
    OUR OFFICERS AND DIRECTOR DO NOT HAVE TECHNICAL TRAINING OR EXPERIENCE WITH STARTING, AND OPERATING AN ONLINE BEAUTY SERVICE
    COMPANY NOR WITH MANAGING A PUBLIC COMPANY, WE WILL HAVE TO HIRE QUALIFIED PERSONNEL TO FULFILL THESE FUNCTIONS. IF WE LACK
    FUNDS TO RETAIN SUCH PERSONNEL, OR CANNOT LOCATE QUALIFIED PERSONNEL, WE MAY HAVE TO SUSPEND OR CEASE DEVELOPMENT ACTIVITY
    OR CEASE OPERATIONS WHICH WILL RESULT IN THE LOSS OF YOUR INVESTMENT  Our
    President Mr. Oon Leong WONG, CFO Mr. Boon Thye WONG, and Company Secretary Mr. Yoke Chong SIN have certain experience in
    financing and managing private companies. However, they do not have experience starting and operating an online beauty tips
    services company. As a result their decisions and choices may not take into account, all the factors in managing and running
    an online beauty business. Consequently our ultimate financial success could suffer irreparable harm due to certain of lack
    of experience. Additionally, our Officers and Directors have no direct training or experience in managing and fulfilling the
    regulatory reporting obligations of a public company. We will have to hire professionals to undertake these filing requirements
    and this will increase the overall cost of operations. As a result we may have to suspend or cease operations, which will
    result in the loss of your investment.   5    Risks
    Related to the Company’s Market and Strategy  WE
    HAVE NOT YET DEVELOPED OUR SERVICES, THERE IS NO GUARANTEES THAT WE WILL BE ABLE TO DEVELOP OUR SERVICES  The
    development of our business is dependent on the successful development of our services and our capability to attract customers.
    In order to develop our services, we would need to raise enough funds, and even if we have the required funds, there is no
    guarantee that we would be able to successfully develop our services. If we cannot develop our services and/or attract clients,
    our business will fail.  BECAUSE
    WE HAVE NOT STARTED OUR BUSINESS, WE DO NOT KNOW IF OUR SERVICES WILL BE ACCEPTED  The
    success of our business depends on public acceptance. We do not know if our services will be accepted by business persons
    and/or by the general public. If we cannot attract clients, our business will fail.  WE
    HAVE LIMITED RESOURCES FOR MARKETING AND PROMOTING OUR SERVICES AND WE MAY NOT BE ABLE TO DEVELOP A SALES AND MARKETING TEAM
    THAT CAN MEET OUR CUSTOMER NEEDS  We
    have limited marketing and promotion experience. Our future sales will depend in large part on our ability to develop and
    expand the Company’s services in the market. We may not be able to attract and retain personnel or be able to build
    an efficient and effective sales and marketing team, which could negatively impact sales of our services, and reduce our revenues
    and profitability.  COMPANY’S
    ABILITY TO IMPLEMENT THE BUSINESS STRATEGY  The
    implementation of the Company’s marketing strategy will depend on a number of factors. These include our ability to
    establish a significant customer base and maintain favorable relationships with customers and partners, obtain adequate financing
    on favorable terms in order to fund our business, maintain appropriate procedures, policies and systems; hire, train and retain
    skilled employees and to continue to operate within an environment of increasing competition. The inability of our Company
    to manage any or all of these factors could impair our ability to implement our business strategy successfully, which could
    have a material adverse effect on the results of its operations and its financial condition.  WE
    MAY BE UNABLE TO GAIN ANY SIGNIFICANT MARKET ACCEPTANCE FOR OUR SERVICES OR ESTABLISH A SIGNIFICANT MARKET PRESENCE  The
    Company’s growth strategy is substantially dependent upon its ability to market its services successfully to prospective
    clients. However, its services may not achieve significant acceptance. Such acceptance, if achieved, may not be sustained
    for any significant period of time. Failure of the Company’s services to achieve or sustain market acceptance could
    have a material adverse effect on our business, financial conditions and the results of our operations.  Risks
    Associated with Our Business Model  OUR
    OPERATING RESULTS MAY PROVE UNPREDICTABLE  Our
    operating results are likely to fluctuate significantly in the future due to a variety of factors, many of which we have no
    control. Factors that may cause our operating results to fluctuate significantly include: the level of commercial acceptance
    by the public of our services; fluctuations in the demand; the amount and timing of operating costs and capital expenditures
    relating to expansion of our business, operations, infrastructure and general economic conditions.  If
    realized, any of these risks could have a material adverse effect on our business, financial condition and operating results.  BECAUSE
    WE ARE SMALL AND DO NOT HAVE MUCH CAPITAL, OUR MARKETING CAMPAIGN MAY NOT BE ENOUGH TO ATTRACT SUFFICIENT CLIENTS TO OPERATE
    PROFITABLY. IF WE DO NOT MAKE A PROFIT, WE MAY HAVE TO SUSPEND OR CEASE OPERATIONS  Due
    to the fact that we are small and do not have much capital, we must limit our marketing activities and may not be able to
    make our product known to potential customers. Because we will be limiting our marketing activities, we may not be able to
    attract enough customers to operate profitably. If we cannot operate profitably, we may have to suspend or cease operations.  ANY
    PROLONGED BUSINESS INTERRUPTION AT OUR SERVICES COULD HARM OUR EARNINGS AND NEGATIVELY AFFECT OUR BUSINESS  Our
    services are intended to be available first in Hong Kong, then expand to other locations in Asia after the development and
    acceptance of our services and products. An interruption in our services as a result of equipment failure could result in
    reducing our sales and earnings for the current and following periods, thereafter. Any significant delay in our services could
    lead to increased returns or cancellations and cause us to lose future sales.  OUR
    SERVICE MAY NOT BE ABLE TO DISTINGUISH ITSELF IN THE MARKET  Because
    we are a brand-new company with new services and we have not conducted advertising, there is little or no recognition of our
    name. There are a wide range of online beauty tips services that offer similar services. If we are unable to demonstrate clearly
    our practical services and cost effective benefits, we may be unable to attract enough clients.  IF
    THERE ARE EVENTS OR CIRCUMSTANCES AFFECTING THE RELIABILITY AND SECURITY OF THE INTERNET, ACCESS TO OUR SITE AND/OR THE ABILITY
    TO SAFEGUARD CONFIDENTIAL INFORMATION COULD BE IMPAIRED CAUSING A NEGATIVE EFFECT ON THE FINANCIAL RESULTS OF OUR BUSINESS
    OPERATIONS  Despite
    the implementation of security measures, our website infrastructure may be vulnerable to computer viruses, hacking or similar
    disruptive problems caused by members, other Internet users, other connected Internet sites, and the interconnecting telecommunications
    networks. Such problems caused by third-parties could lead to interruptions, delays or cessation of service to our customers.
    Inappropriate use of the Internet by third-parties could also potentially jeopardize the security of confidential information
    stored in our computer system, which may deter individuals from becoming customers. Such inappropriate use of the Internet
    includes attempting to gain unauthorized access to information or systems, which is commonly known as “cracking”
    or “hacking.” Although we intend to implement security measures, such measures have been circumvented in the past,
    and there can be no assurance that any measures we implement would not be circumvented in future. Dealing with problems caused
    by computer viruses or other inappropriate uses or security breaches may require interruptions, delays or cessation of service
    to our customers, which could have a material adverse effect on our business, financial condition and results of operations.   6    Item
    1B. Unresolved Staff Comments  None.  Item
    2. Properties.   As
    at June 30, 2015, Vershire Corporation uses its 200 square feet office from its Officers rent free.  Item
    3. Legal Proceedings.  There
    are no legal proceedings pending or threatened against us.  Item
    4. Mine Safety Disclosures  Not
    applicable.   PART
    II   Item
    5. Market Price For Common Equity And Related Stockholder Matters And Small Business Issuer Purchases Of Equity Securities.  Market
    Information  A
    registrant that qualifies as a smaller reporting company is not required to provide the performance graph required in paragraph
    (e) of Item 201.  We
    have one class of securities, Common Voting Equity Shares ("Common Stock"). Our Common Stock is quoted on the Over
    The Counter Bulletin Board.  Issuer's
    Repurchase Of Equity Securities  None.  Holders  On
    October 15, 2015, the Company had 3 holders of record of our Common Stock.  Dividends  We
    have not declared or paid dividends on our Common Stock since our formation, and we do not anticipate paying dividends in
    the foreseeable future. Declaration or payment of dividends, if any, in the future, will be at the discretion of our Board
    of Directors and will depend on our then current financial condition, results of operations, capital requirements and other
    factors deemed relevant by the Board of Directors. There are no contractual restrictions on our ability to declare or pay
    dividends.  Stock
    Options  Currently,
    there are no stock options outstanding.  Item
    6. Selected Financial Data  A
    registrant that qualifies, as a smaller reporting company is not required to provide the information required by this item.   7    Item
    7. Management's Discussion And Analysis Of Financial Condition And Results Of Operations.  The
    following discussion of our financial condition and our subsidiaries and our results of operations should be read together
    with the consolidated financial statements and related notes that are included later in this Annual Report on Form 10-K. This
    discussion contains forward-looking statements that involve risks and uncertainties. Our actual results may differ materially
    from those anticipated in these forward-looking statements as a result of various factors, including those set forth under
    Risk Factors or in other parts of this Annual Report on Form 10-K.  Twelve
    Months Operating Plan  Over
                                         the next twelve months, our operating plan will be continually focused on three segments,
                                         including service sharing platform, face recognition & analysis system and product
                                         sourcing.
        
        For
        service platform, concentration is on identifying a unique technique to offer beauty and wellness tips through a service
        sharing platform (both our website and mobile app as the carrier) via face recognition technology. The service sharing
        platform promotes reciprocal strategies for users on beauty tips and organic cosmetic advertising, efficient time management,
        cash-free payment, potentially directs the target customers to the suitable cosmetic products and wellness beauty advisers,
        and links the online users to the offline cosmetic companies (O2O).
        
        For
        the face recognition & analysis system segment, we will develop the three major components including visual sensing,
        back end node control and multimedia management.
        
        On
        product sourcing, we will keep seeking the suitable skin care and cosmetic products brands.  Our
    financial plan is to obtain sufficient funding for the business development and marketing services for online platform services.
    We will seek to raise development and operation funds for the next twelve months by equity offering to support these plans.
    In addition, management is seeking strategic investors and partners to support our business.  Research
    and Development  Since
    incorporation, the Company has not embarked on any research and development program and has not incurred or is expecting to
    incur any such costs.  Costs
    and Effects of Compliance with Environmental Laws  We
    have not incurred and do not anticipate incurring any expenses in our current plan of operation associated with environmental
    laws.  Employees  As
    of June 30, 2015, we have three part time employees namely our directors and officers. Subject to financing, in the next twelve
    months, the Company plans to hire consultants to undertake and implement the operational plans.  Results
    of Operations  FOR
    THE YEAR ENDED JUNE 30, 2015 AND PERIOD FROM MARCH 10, 2014 (INCEPTION) TO JUNE 30, 2014  REVENUES  For
    the years ended June 30, 2015 and period from March 10, 2014 (inception) to June 30, 2014, the Company has realized no revenue
    in both periods. The Company had not incurred any costs of revenue either in 2015 or 2014 since all the costs related to services
    which are set out in the general and administrative expenses. For both years, the Company was still in the process of identifying
    the business model and had not commenced operations.  OPERATING
    EXPENSES  For
    the year ended June 30, 2015, the Company had earned no gross profit and our total operating expenses was $79,522 which was
    all general and administrative expenses. Our net loss to our shareholders for the year ended June 30, 2015 was $79,522. For
    the year ended June 30, 2014, we had no gross profit and our operating expense was $8,703 which was all general and administrative
    expenses.  Our net loss to our shareholders for the year ended June 30, 2014 was $8,703.  Liquidity
    and Capital Resources  We
    do not have sufficient resources to accomplish our business plans. As of June 30, 2015, we had cash of $1,000.  We
    will have to raise funds to pay for our expenses and to accomplish our business plans. We may have to borrow money from shareholders
    or issue debt or equity or enter into a strategic arrangement with a third party. There can be no assurance that additional
    capital will be available to us. We currently have no agreements, arrangements or understandings with any person to obtain
    funds through bank loans or lines of credit. Our inability to raise funds for our operations will have a severe negative impact
    on our ability to remain a viable company.  Going
    Concern Consideration  The
    Company had no revenue and incurred a net loss of $79,522 for the year ended June 30, 2015 and an accumulated net loss of
    $88,225 as at June 30, 2015. These factors raise substantial doubt about the Company's ability to continue as a going concern.
    The Company's ability to continue as a going concern must be considered in light of the problems, expenses and complications
    frequently encountered in emerging markets and the competitive environment in which the Company operates. The Company is pursuing
    financing for its operations. Failure to secure such financing, to raise additional equity capital and to earn revenue may
    result in the Company depleting its available funds and not being able to pay its obligations. These consolidated financial
    statements do not include any adjustment to reflect the possible future effects on the recoverability and classification of
    assets or the amounts and classification of assets or the amounts and classification of liabilities that may result from the
    possible inability of the Company to continue as a going concern.  Off-Balance
    Sheet Arrangement  Vershire
    Corporation does not have any off-balance sheet arrangements.   8    Item
    7A. Quantitative And Qualitative Disclosures About Market Risk  A
    smaller reporting company is not required to provide the information required by this Item.  Item
    8. Financial Statements And Supplementary Data  Consolidated
    Financial Statements  Please
    see page F-1 through F-8 of this Form 10-K.  Item
    9. Changes In And Disagreements With Accountants On Accounting And Financial Disclosure.  There
    are no such reportable events.  Item
    9A. Controls And Procedures.  Disclosure
    Controls and Procedures  Under
    the supervision and with the participation of our management, including our Chief Executive Officer and our Chief Financial
    Officer, we evaluated the effectiveness of the design and operation of our disclosure controls and procedures (as defined
    in Rule 13a-15(e) and 15d-15(e) of the Exchange Act as of a date (the "Evaluation Date") within ninety (90) days
    prior to the filing of our June 30, 2015 Form 10-K.  Based
    upon that evaluation, our management has concluded that, as of June 30, 2015, our disclosure controls and procedures were
    not effective in timely alerting management to the material information relating to us (or our consolidated subsidiaries)
    required to be included in our periodic filings with the SEC.  Internal
    Control over Financial Reporting  (a)Management's
    Annual Report on Internal Control Over Financial Reporting  Our
    management is responsible for establishing and maintaining adequate internal control over financial reporting, as defined
    in Rules13a-15(f) and 15d-15(f) under the Exchange Act. Our internal control over financial reporting is designed to provide
    reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external
    purposes in accordance with generally accepted accounting principles.  A
    material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that
    there is a reasonable possibility that a material misstatement of the registrant's annual or interim financial statements
    will not be prevented or detected on a timely basis.  Our
    management, with the participation of its President, assessed the effectiveness of our internal control over financial reporting
    as of June 30, 2015. In making this assessment, we used the criteria set forth by the Committee of Sponsoring Organizations
    of the Treadway Commission (COSO) in Internal Control-Integrated Framework. Based on that assessment under such criteria,
    management concluded that our internal controls over financial reporting were not effective as of June 30, 2015 due to control
    deficiencies that constituted material weaknesses. A material weakness is a control deficiency, or combination of control
    deficiencies, such that there is a reasonable possibility that a material misstatement of the annual or interim financial
    statements will not be prevented or detected on a timely basis.  In
    the course of making our assessment of the effectiveness of internal controls over financial reporting, we identified material
    weaknesses in our internal control over financial reporting. The material weaknesses consisted of inadequate staffing within
    the accounting operations of our Company. The small number of employees who are responsible for accounting functions (more
    specifically, one) prevents us from segregating duties within our internal control system. The inadequate segregation of duties
    is a weakness because it could lead to the untimely identification and resolution of accounting and disclosure matters or
    could lead to a failure to perform timely and effective reviews. The limited personnel also does not allow for multiple levels
    of supervision and review.  Management
    has identified specific remedial actions to address the material weaknesses described above:  *
    Improve
    the effectiveness of the accounting group by continuing to augment our existing resources with additional consultants or employees
    to improve segregation procedures and to assist in the analysis and recording of complex accounting transactions and preparation
    of tax disclosures. We plan to mitigate the segregation of duties issues by hiring additional personnel in the accounting
    department once we have achieved positive cash flow from operations, and/or have raised significant additional working capital.*
    Improve
    segregation procedures by strengthening cross approval of various functions including cash disbursements and quarterly internal
    audit procedures where appropriate.  Due
    to its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Projections
    of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of
    changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. All internal control
    systems, no matter how well designed, have inherent limitations. Therefore, even those systems determined to be effective
    can provide only reasonable assurance with respect to financial statement preparation and presentation.  Changes
    in Controls and Procedures  There
    were no significant changes made in our internal controls over financial reporting during the year ended June 30, 2015 that
    have materially affected or are reasonably likely to materially affect these controls. Thus, no corrective actions with regard
    to significant deficiencies or material weaknesses were necessary.  Attestation
    Report of the Registered Public Accounting Firm  This
    annual report does not include an attestation report of our independent registered public accounting firm regarding internal
    control over financial reporting. We were not required to have, nor have we, engaged our independent registered public accounting
    firm to perform an audit of internal control over financial reporting pursuant to the rules of the Commission that permit
    us to provide only management's report in this annual report.  Item
    9B. Other Information.  None.   9    PART
    III  Item
    10. Directors, Executive Officers, And Corporate Governance.  The
    name, address, age and position of our present Officers and Director as at June 30, 2015 and to the date of this report are
    set forth below:  Name
    Age
    Position(s)Oon
    Leong WONG
    39
    President,
    Chief Executive Officer and Director.Boon
    Thye WONG
    45
    Treasurer,
    Chief Financial Officer and Director.Yoke
    Chong SIN
    49
    Company
    Secretary.Xi
    Ying KOU
    39
    President,
    Treasurer, Chief Executive Officer and Director (1).Lu
    XIA
    30
    Company
    Secretary (2).  (1)Ms. KOU was appointed President, Treasurer, Chief Executive Officer and Director on April 2, 2014 and resigned all her positions
on February 25, 2015. (2)Ms. XIA was appointed Company Secretary on September 12, 2014 and resigned all her positions on February 24, 2015.   Mr.
                                         Oon Leong WONG
        
        Mr.
        OL Wong, age 39, was appointed as the President, Chief Executive Officer and Director of the Company on February 25, 2015.
        Currently, Mr. OL Wong is the Business Development Director in a Malaysia based Media Software company named Mediasoft
        Entertainment Sdn. Bhd., specialized in mobile game development. Previously, Mr. OL Wong was the President and Director
        of a Malaysia technology development infrastructure company for over 12 years managing 25 programmers. This company made
        tremendous achievement on e-commerce systems, games and mobile apps. Mr. OL Wong graduated with a Postgraduate Degree
        in Business Administration from University of Wolverhampton in United Kingdom in 1999.Mr.
                                         Boon Thye WONG
        
        Mr.
        BT Wong, age 45, was appointed as the Treasurer, Chief Financial Officer and Director of Vershire Corporation on February
        25, 2015. Mr. BT Wong is currently the Managing Director of Macro Infinite Sdn. Bhd. in Malaysia. With diverse experience
        in improving business and e-commerce operations, finance and product development, Mr. BT Wong manages the local popular
        e-commercial website www.yikmall.com to be one of the leading social media commerce and mobile commerce platform in Malaysia.
        Besides, Mr. BT Wong has been the Real Estate Investment International Marketing Director of a local company named Duta
        Venture PLT since 2013. Mr. Wong obtained his Bachelor Degree in the major of Business Administration from Hawaii Pacific
        University in United States.Mr.
                                         Yoke Chong SIN
        
        Mr.
        Sin, age 49, was appointed as the Company Secretary on February 24, 2015. Mr. Sin is an experienced Financial Advisor
        with more than 20 years of cross border business in Hong Kong, China, Singapore and Malaysia markets particularly in financial
        management, capital market, fund management, trust & foundation and cross border tax planning structures. Mr. Sin
        has been the Managing Director of a Labuan trust company for the recent 5 years.Ms.
                                         Xi Ying KOU
        
        Ms.
        Kou, age 39, was appointed as the President, Chief Executive Officer, Treasurer, Chief Financial Officer and Director
        on April 2, 2014, the inception of the Company. Ms. Kou resigned all her position from the Company on February 25, 2015.
        
        Ms.
        Kou was the former controlling shareholder of the Company and was our President, Treasurer, and Director during the period
        from April 2, 2014 to February 25, 2015. For the recent five years, Ms. Kou has involved in share investment and operated
        and managed her own beauty salon. During this time, she was been involved in all aspects of the operation including marketing,
        sales, and financial control of the beauty salon. Ms. Kou has over 13 years of experiences in the beauty industry. Ms.
        Kou graduated from Dalian University of Foreign Language with a major in Hotel Management.Ms.
    Lu XIAMs.
                                         Xia, age 30, was appointed as the Company Secretary on September 12, 2014, the inception
                                         of the Company. Ms. Xia resigned all her position from the Company on February 24, 2015.
        
        Ms.
        Lu Xia was appointed as the Company Secretary on September 12, 2014. Ms. Xia has 7 years of experiences in business development
        and corporate finance. Ms. Lu Xia graduated from Northeastern University in a Master of Science Degree in 2009. She also
        received her Bachelor Degree in 2007 from Shenzhen University.Each
                                         of Mr. Oon Leong Wong, Mr. Boon Thye Wong, and Mr. Yoke Chong Sin is not an officer of
                                         any other United States reporting company.
        
        Save
        that Mr. Oon Leong Wong and Mr. Boon Thye Wong are sibling, there are no other family relationships amongst the directors
        and officers of the Company.  Auditors;
    Code of Ethics; Financial Expert  Our
    principal independent accountant is HKCMCPA Company Limited, Certified Public Accountants, located at Unit 602, 6/F Hoseinee
    House, 69 Wyndham Street, Central, Hong Kong.  We
    do not currently have a Code of Ethics because we have limited business operations and only three Officers/Directors on the
    Board. As at today, we do not have a "financial expert" on the board or an audit committee.  Potential
    Conflicts of Interest  At
    the present time, the Company does not foresee any direct conflict between the Officers and Directors other business interests
    and their involvement in Vershire Corporation.   10    Item
    11. Executive Compensation.  Summary
    Compensation  Vershire
    Corporation has made no provisions for paying cash or non-cash compensation to its Officers and Directors. No salaries are
    being paid at the present time, and none will be paid unless and until our operations generate sufficient cash flows.  The
    table below summarizes all compensation awarded to, earned by, or paid to our named executive officers for all services rendered
    in all capacities to us for the period from March 10, 2014 (Inception) through June 30, 2015.  SUMMARY
    COMPENSATION TABLEName
                           and
        Principal
        Position
    Year
    Salary
    ($)
    Bonus
        ($)
    Stock
                          Awards
        ($)
    Option
                          Awards
        ($)
    Non-Equity
        Incentive
        Plan
        Compensation
        ($)
    Nonqualified
                           Deferred Compensation Earnings
        ($)
    All
                           Other Compensation
        ($)
    Total
        ($)Xi
    Ying KOU(1)
    2014
    -
    -
    -
    -
    -
    -
    -
    -2015
    -
    -
    -
    -
    -
    -
    -
    -Lu
    XIA(2)
    2014
    -
    -
    -
    -
    -
    -
    -
    -2015
    -
    -
    -
    -
    -
    -
    -
    -Oon
        Leong
        WONG(3)
    2015
    -
    -
    -
    -
    -
    -
    -
    -Boon
    Thye WONG(4)
    2015
    -
    -
    -
    -
    -
    -
    -
    -Yoke
    Chong SIN(5)
    2015
    -
    -
    -
    -
    -
    -
    -
    -    (1)
    Ms.
    Xi Ying KOU tendered her resignation of the positions as President, Director, Treasurer, Chief Executive Officer and Chief
    Financial Officer of the Company on February 25, 2015.(2)
    Ms.
    Lu XIA resigned from the position of Company Secretary on February 24, 2015.(3)
    Mr.
    Oon Leong WONG was appointed as the President, Chief Executive Officer and Director of the Company on February 25, 2015.(4)
    Mr.
    Boon Thye WONG was appointed as the Treasurer, Chief Financial Officer and Director of the Company on February 25, 2015.(5)
    Mr.
    Yoke Chong SIN was appointed as the Company Secretary of the Company on February 24, 2015.  There
    are no other stock option plans, retirement, pension, or profit sharing plans for the benefit of our Officers and Director
    other than as described herein.  Outstanding
    Equity Awards at Fiscal Year-End  The
    table below summarizes all unexercised options, stock that has not vested, and equity incentive plan awards for each named
    Executive Officer as of June 30, 2015.  OUTSTANDING
    EQUITY AWARDS AT FISCAL YEAR-ENDOPTION
    AWARDS
    STOCK
    AWARDSName
    Number
                                         of
        Securities
        Underlying
        Unexercised
        Options
        (#)
        Exercisable
    Number
                                         of
        Securities
        Underlying
        Unexercised
        Options
        (#)
        Unexercisable
    Equity
        Incentive
        Plan
        Awards:
        Number
        of
        Securities
        Underlying
        Unexercised
        Unearned
        Options
        (#)
    Option
        Exercise
        Price
        ($)
    Option
        Expiration
        Date
    Number
        of
        Shares
        or
        Units
        of
        Stock
        That
        Have
        Not
        Vested
        (#)
    Market
        Value
        of
        Shares
        or
        Units
        of
        Stock
        That
        Have
        Not
        Vested
        ($)
    Equity
        Incentive
        Plan
        Awards:
        Number
        of
        Unearned
        Shares,
        Units
        or
        Other
        Rights
        That
        Have
        Not
        Vested
        (#)
    Equity
        Incentive
        Plan
        Awards:
        Market
        or
        Payout
        Value
        of
        Unearned
        Shares,
        Units
        or
        Other
        Rights
        That
        Have
        Not
        Vested
        (#)Xi
                                    Ying
        KOU(1)
    -
    -
    -
    -
    -
    -
    -
    -
    -Lu
    XIA(2)
    -
    -
    -
    -
    -
    -
    -
    -
    -Oon
    Leong WONG(3)
    -
    -
    -
    -
    -
    -
    -
    -
    -Boon
    Thye WONG(4)
    -
    -
    -
    -
    -
    -
    -
    -
    -Yoke
    Chong SIN(5)
    -
    -
    -
    -
    -
    -
    -
    -
    -   11    (1)
    Ms.
    Xi Ying KOU tendered her resignation of the positions as President, Director, Treasurer, Chief Executive Officer and Chief
    Financial Officer of the Company on February 25, 2015.(2)
    Ms.
    Lu XIA resigned from the position of Company Secretary on February 24, 2015.(3)
    Mr.
    Oon Leong WONG was appointed as the President, Chief Executive Officer and Director of the Company on February 25, 2015.(4)
    Mr.
    Boon Thye WONG was appointed as the Treasurer, Chief Financial Officer and Director of the Company on February 25, 2015.(5)
    Mr.
    Yoke Chong SIN was appointed as the Company Secretary of the Company on February 24, 2015.   There
    were no grants of stock options since inception to the date of this annual report.  We
    do not have any long-term incentive plans that provide compensation intended to serve as incentive for performance.  Stock
    Plan  The
    Company has not adopted a Stock Awards Plan, but may do so in the future. The terms of any such plan have not been determined.  Director
    Compensation  The
    table below summarizes all compensation awarded to, earned by, or paid to our Director and Officers for all services rendered
    in all capacities to us for the period from March 10, 2014 (inception) through June 30, 2015.  DIRECTOR
    COMPENSATIONName
    Fees
        Earned or
        Paid
        in
        Cash
        ($)
    Stock
        Awards
        ($)
    Option
        Awards
        ($)
    Non-Equity
        Incentive
        Plan
        Compensation
        ($)
    Non-Qualified
        Deferred
        Compensation
        Earnings
        ($)
    All
        Other
        Compensation
        ($)
    Total
        ($)Xi
    Ying KOU(1)
    -
    -
    -
    -
    -
    -
    -Lu
    XIA(2)
    -
    -
    -
    -
    -
    -
    -Oon
    Leong WONG(3)
    -
    -
    -
    -
    -
    -
    -Boon
    Thye WONG(4)
    -
    -
    -
    -
    -
    -
    -Yoke
    Chong SIN(5)
    -
    -
    -
    -
    -
    -
    -  (1)
    Ms.
    Xi Ying KOU tendered her resignation of the positions as President, Director, Treasurer, Chief Executive Officer and Chief
    Financial Officer of the Company on February 25, 2015.(2)
    Ms. Lu XIA resigned
    from the position of Company Secretary on February 24, 2015.(3)
    Mr. Oon Leong
    WONG was appointed as the President, Chief Executive Officer and Director of the Company on February 25, 2015.(4)
    Mr. Boon Thye
    WONG was appointed as the Treasurer, Chief Financial Officer and Director of the Company on February 25, 2015.(5)
    Mr. Yoke Chong
    SIN was appointed as the Company Secretary on February 24, 2015.  There
    are no other stock option plans, retirement, pension, or profit sharing plans for the benefit of our Officers and Director
    other than as described herein.  12    Item
    12. Security Ownership Of Certain Beneficial Owners And Management And Related Stockholder Matters.  The
    following table sets forth, as of June 30, 2015, the beneficial ownership of our common stock by each executive officer and
    director, by each person known by us to beneficially own more than 5% of the our common stock and by the executive officers
    and directors as a group. Except as otherwise indicated, all shares are owned directly and the percentage shown is based on
    11,000,000 shares of common stock issued and outstanding on June 30, 2015.  The
    information presented below regarding beneficial ownership of our voting securities has been presented in accordance with
    the rules of the Securities and Exchange Commission and is not necessarily indicative of ownership for any other purpose.
    Under these rules, a person is deemed to be a "beneficial owner" of a security if that person has or shares the
    power to vote or direct the voting of the security or the power to dispose or direct the disposition of the security. A person
    is deemed to own beneficially any security as to which such person has the right to acquire sole or shared voting or investment
    power within 60 days through the conversion or exercise of any convertible security, warrant, option or other right. More
    than one person may be deemed to be a beneficial owner of the same securities. The percentage of beneficial ownership by any
    person as of a particular date is calculated by dividing the number of shares beneficially owned by such person, which includes
    the number of shares as to which such person has the right to acquire voting or investment power within 60 days, by the sum
    of the number of shares outstanding as of such date plus the number of shares as to which such person has the right to acquire
    voting or investment power within 60 days. Consequently, the denominator used for calculating such percentage may be different
    for each beneficial owner. Except as otherwise indicated below and under applicable common share property laws, we believe
    that the beneficial owners of our common stock listed below have sole voting and investment power with respect to the shares
    shown.  Name
    and Address of Beneficial Owner
    Title
    of Class
    Total
    Shares Owned
    Percentage(1)Oon
                                         Leong WONG (2)(3)(4)
        A0705, Zen Residences, Jalan Bunga Tanjung, Batu 14, 47100, Puchong Selangor, Malaysia
    Common
    -
    -Boon
                                         Thye WONG(2)(4)(5)
        A13-10, Block A, Jalan 1/125G, Desa Sri Puteri B, No. 6, 57100, Kuala Lumpur, Malaysia
    Common
    -
    -Yoke
                                         Chong SIN(6)(7)
        15,
        Jalan BSJ 5, Taman Bukit Segar Jaya 2, 43200 Cheras, Selangor, Malaysia
    Common
    1,500,000
    13.64%All
    Executive Officers and Directors as a group [3 persons]
    Common
    1,500,000
    13.64%Masterco
                                         International Limited (8)
        OMC
        Chambers, Wickhams Cay 1, Road Town, Tortola, British Virgin Islands
    Common
    8,000,000
    72.73%Yok
                                         Kim CHEW
        DG
        03, Pangsapuri Sri Mekar, JalanTempua 3, Bandar Puchong Jaya, 47100 Puchong, Selangor, Malaysia
    Common
    1,500,000
    13.64%Yok Chin CHEE (8)
        11A, Jalan Patin 2A/1, Desa Patin Ulu Yam Lama, 44300 Batang Kali Selangor, Malaysia
    Common
    8,000,000
    72.73%   Notes: (1)
    For
    purposes of computing the percentage of outstanding Common Stocks held by each person or group of persons named above, any
    shares that such person or group has the right to acquire within 60 days are deemed outstanding but are not deemed to be outstanding
    for purposes of computing the percentage ownership of any other person or group. As of the date of the table above, there
    were 11,000,000 outstanding shares of our common stock and there was no options, warrants, and convertible notes outstanding
    entitling the holders to purchase any shares of our Common Stock owned by Officers and/or Directors of the Company.(2)
    A
    Director of Company as of June 30, 2015.(3)
    Mr.
    Oon Leong WONG was appointed as the President, Chief Executive Officer and Director of the Company on February 25, 2015.(4)
    Mr.
    Oon Leong WONG and Mr. Boon Thye Wong are sibling.(5)
    Mr.
    Boon Thye WONG was appointed as the Treasurer, Chief Financial Officer and Director of the Company on February 25, 2015.(6)
    An
    Officer of Company as of June 30, 2015(7)
    Mr.
    Yoke Chong SIN was appointed as the Company Secretary on February 24, 2015.(8)
    Ms.
    Chee Yok CHIN holds 100% equity interests in Masterco International Limited, a company incorporated in British Virgin Islands.   13    Item
    13. Certain Relationships And Related Transactions, And Director Independence.  Except
    as set forth below, none of our Directors or Executive officers, nor any proposed nominee for election as a director, nor
    any person who beneficially owns, directly or indirectly, shares carrying more than 5% of the voting rights attached to all
    of our outstanding shares, nor any members of the immediate family (including spouse, parents, children, siblings, and in-laws)
    of any of the foregoing persons has any material interest, direct or indirect, in any transaction since our incorporation
    or in any presently proposed transaction which, in either case, has or will materially affect us.  1.
    In
    the prior year, the Company paid a shareholder, Grenfell Capital Limited, $1,100 for rental service which were prepaid rental
    of service office for 12 months and $3,000 for corporate services.  Item
    14. Principal Accounting Fees And Services.  AUDIT
    FEES. The aggregate fees billed in each of the fiscal years ended June 30, 2015 and 2014 for professional services rendered
    by the principal accountant for the audit of our annual financial statements and review of the financial statements included
    in our Form 10-K or services that are normally provided by the accountant in connection with statutory and regulatory filings
    or engagements as well as registration statement filings for those fiscal years were $9,000 and $4,500, respectively.  AUDIT-RELATED
    FEES. The aggregate fees billed for services reasonably related to the performance of the audit or review of the financial
    statements outside of those fees disclosed above under "Audit Fees" for fiscal years 2015 and 2014 was nil.  TAX
    FEES. For the fiscal years ended June 30, 2015 and 2014, our principal accountants did not render any services for tax compliance,
    tax advice, and tax planning work.  ALL
    OTHER FEES. None  PRE-APPROVAL
                                         POLICIES AND PROCEDURES. Prior to engaging its accountants to perform a particular service,
                                         our Board of Directors obtains an estimate for the service to be performed. All of the
                                         services described above were approved by the Board of Directors in accordance with its
                                         procedures.
        
        
        14PART
    IV  Item
    15. Exhibits, Financial Statement Schedules.  (a)
    Index to Financial Statements and Financial Statement Schedules  Table
    of Contents  Report
    of Independent Registered Public Accounting Firm - HKCMCPA Company Limited.  Financial
    Statements:  Balance
    Sheets as of June 30, 2015 and 2014.  Statements
    of Operations and Comprehensive Income for the years ended June 30, 2015 and 2014.  Statements
    of Stockholders' Deficit for the years ended June 30, 2015 and 2014.  Statements
    of Cash Flows for the years ended June 30, 2015 and 2014  Notes
    to Financial Statements  (c)
    Exhibits.  Exhibit   No.
    
    Description of Exhibit3.1
    
    Articles of Incorporation of Vershire
    Corporation dated March 10, 2014(1)3.2
    
    Amended Articles of Incorporation of
    Vershire Corporation approved and adopted on March 24, 2014(1)3.3
    
    Amended By-laws of Vershire Corporation
    approved and adopted on March 24, 2014(1)EXHIBIT 31.1 *
    
    Certification of Chief Executive Officer
    Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.EXHIBIT 31.2*
    
    Certification of Chief Financial Officer
    Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.EXHIBIT 32.1*
    
    Certification 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.EXHIBIT 32.2*
    
    Certification of Chief Financial Officer
    Pursuant to 18 U.S.C. Section 1350, As Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.  101
    *
    Interactive
    Data Files for Vershire Corporation Form 10-K for the Year Ended June 30, 2015  101.INS*
    XBRL
    Instance Document  101.SCH*
    XBRL
    Taxonomy Extension Schema  101.CAL*
    XBRL
    Taxonomy Extension Calculation  101.DEF*
    XBRL
    Taxonomy Extension Definition  101.LAB*
    XBRL
    Taxonomy Extension Label  101.PRE*
    XBRL
    Taxonomy Extension Presentation  1
    Incorporated
    by reference to our Registration Statement on Form S-1 as filed with the SEC on September 30, 2014*
    Filed
    hereof   15    SIGNATURES  Pursuant
to the requirements of 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.   Dated: November 10, 2015   VERSHIRE
    CORPORATIONBy: /s/ Oon
    Leong WONG---------------------------------Oon Leong WONGPresident, Chief
    Executive Officer and DirectorPrincipal Executive
    OfficerBy: /s/ Boon
    Thye WONG---------------------------------Boon Thye WONGTreasurer, Chief
    Financial Officer and DirectorBy: /s/ Yoke
    Chong SIN---------------------------------Yoke Chong SINCompany Secretary   In
accordance with the Exchange Act, this report has been signed below by the following persons on behalf of the registrant and in
the capacities and on the dates indicated.   Dated: November 10, 2015   VERSHIRE CORPORATIONBy: /s/ Oon Leong WONG---------------------------------Oon Leong WONGPresident, Chief Executive Officer and DirectorPrincipal Executive OfficerBy: /s/ Boon Thye WONG---------------------------------Boon Thye WONGTreasurer, Chief Financial Officer and DirectorBy: /s/ Yoke Chong SIN---------------------------------Yoke Chong SINCompany Secretary   16    Index
    to Financial Statements  Table
    of Contents
    Page(1)    
    Audited Financial Statements for the Fiscal Years Ended June 30, 2015 and 2014Report of Independent
    Registered Public Accounting Firm
    F-2Balance Sheets as
    of June 30, 2015 and 2014
    F-3Statement of Operations
    for the Years Ended June 30, 2015 and 2014
    F-4Statement of Stockholders'
    Deficit for the Years Ended June 30, 2015 and 2014
    F-5Statement of Cash
    Flows for the Years Ended June 30, 2015 and 2014
    F-6Notes to Financial
    Statements
    F-7-8  F-1    HKCMCPA  REPORT
        OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRMTo the Stockholders and Board of DirectorsVershire CorporationWe have audited
    the accompanying balance sheets of Vershire Corporation (the "Company") as of June 30, 2015 and 2014, and the related
    statements of operations, stockholders' deficits and cash flows for the year ended June 30, 2015 and the period from March
    10, 2014 (inception) to June 30, 2014. These financial statements are the responsibility of the Company's management. Our
    responsibility is to express an opinion on these financial statements based on our audits.We conducted our audits of these statements in accordance with the standards of the Public Company Accounting Oversight Board
    (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the
    financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting
    the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and
    significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that
    our audits provide a reasonable basis for our opinion.In our opinion, financial
    statements referred to above present fairly, in all material respects, the financial position of Vershire Corporation as of
    June 30, 2015 and 2014, and the results of its operations and its cash flows for the year ended June 30, 2015 and the period
    from March 10, 2014 (inception) to June 30, 2014 in conformity with accounting principles generally accepted in the United
    States of America.The Company's financial statements are prepared using the generally accepted accounting principles applicable to a going concern,
    which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company
    has incurred continuous losses and capital deficit and losses for the year ended June 30, 2015. These factors as discussed
    in Note 2 to the financial statements, raises substantial doubt about the Company's ability to continue as a going concern.
    Management's plans in regard to these matters are also described in Note 2. The financial statements do not include any adjustments
    that might result from the outcome of this uncertainty./s/HKCMCPA Company LimitedHKCMCPA COMPANY LIMITEDCertified Public AccountantsHong Kong, ChinaNovember 10, 2015   F-2    VERSHIRE CORPORATIONBALANCE
        SHEETS
        AS
        AT JUNE 30, 2015 AND 2014
        (Currency
        expressed in United States Dollars (“US$”), except for number of shares)   June
    30,
    
    June
    30,2015
    
    2014ASSETS
    
    
    
    (Audited)
    
    (Audited)Current
    assets:Cash and cash
    equivalents
    
    
    
    1,000
    
    5,500Prepayments
    
    
    
    375
    
    1,175Total current
    assets
    
    
    
    1,375
    
    6,675LIABILITIES
    AND STOCKHOLDERS' DEFICITCurrent
    liabilities:Amounts due
    to director and shareholders
    
    
    
    22,100
    
    2,878Accrued liabilities
    
    
    
    14,500
    
    4,500Total current
    liabilities and other payables
    
    
    
    36,600
    
    7,378Commitments
    and contingencies
    
    
    
    -
    
    -Stockholders'
    deficit:Common
    stock, $0.001 par value, 75,000,000 shares authorized; 
    11,000,000 (2014:8,000,000) shares issued and outstanding
    
    
    
    11,000
    
    8,000Additional
    paid-in capital
    
    
    
    42,000
    
    -Deficit accumulated
    
    
    
    (88,225)
    
    (8,703)Total stockholders'
    deficit
    
    
    
    (35,225)
    
    (703)Total liabilities
    and stockholders' deficit
    
    
    
    1,375
    
    6,675  Refer
accompanying notes to the financial statements.   F-3    VERSHIRE CORPORATIONSTATEMENTS OF OPERATIONS AND COMPREHENSIVE
    INCOMEFOR
        THE YEAR ENDED JUNE 30, 2015 AND
        FOR
        THE PERIOD FROM MARCH 10, 2014 (INCEPTION) TO JUNE 30, 2014(Currency expressed in United States
    Dollars (“US$”), except for number of shares)   For
                                         the
        Year
        Ended
        June
        30,
        2015
    
    For
                                         the Period from March 10, 2014 (Inception) to
        June
        30,
        2014Net revenues
    
    -
    
    -Cost of revenues
    
    -
    
    -Gross profit
    
    -
    
    -General and
    administrative expenses
    
    79,522
    
    8,703Net loss and
    comprehensive loss
    
    79,522
    
    8,703Net loss per
    share - basic and diluted
    
    (0.00)
    
    (0.00)Weighted average shares outstanding
    – basic and diluted
    
    9,356,165
    
    8,000,000  Refer
to accompanying notes to the financial statements.   F-4    VERSHIRE CORPORATIONSTATEMENTS OF STOCKHOLDERS'
    DEFICITFOR
                                THE YEAR ENDED JUNE 30, 2015 AND
        FOR
        THE PERIOD FROM MARCH 10, 2014 (INCEPTION) TO JUNE 30, 2014
        (Currency
        expressed in United States Dollars (“US$”), except for number of shares)  TotalAdditional
    
    
    
    Stockholders'Common
    stock
    
    Paid-in
    
    Accumulated
    
    EquityShares
    
    Amount
    
    Capital
    
    Deficit
    
    (Deficit)Balances at March 10, 2014 (inception)
    1
    
    1
    
    -
    
    -
    
    1Issuance
    of shares for cash at $0.001 per share - 
      March 24, 2014
    5,999,999
    
    5,999
    
    -
    
    -
    
    5,999Sale
    of shares for cash at $0.001 per share - 
      March 24, 2014
    2,000,000
    
    2,000
    
    -
    
    -
    
    2,000Net loss for the period
    -
    
    -
    
    -
    
    (8,703)
    
    (8,703)Balances at June 30, 2014
    8,000,000
    
    8,000
    
    -
    
    (8,703)
    
    (703)Issuance
    of 3,000,000 shares at $0.015 per share on January 16, 2015
    3,000,000
    
    3,000
    
    42,000
    
    -
    
    45,000Net loss for the year
    -
    
    -
    
    
    
    (79,522)
    
    (79,522)Balance at June 30, 2015
    11,000,000
    
    11,000
    
    42,000
    
    (88,225)
    
    (35,225)  Refer
accompanying notes to the financial statements.   F-5    VERSHIRE CORPORATIONSTATEMENTS OF CASH FLOWSFOR
        THE YEAR ENDED JUNE 30, 2015 AND
        FOR
        THE PERIOD FROM MARCH 10, 2014 (INCEPTION) TO JUNE 30, 2014(Currency expressed
    in United States Dollars (“US$”))  For
                           the
        Year
        Ended
        June
        30,
    
    For the Period from March
    10, 2014 (Inception) to June 30,2015
    
    2014Cash Flows from Operating Activities:Net loss
    
    (79,522)
    
    (8,703)Adjustments
    to reconcile net loss to net cash used in operating activities:Changes
    in operating assets and liabilities:Prepayments
    
    800
    
    (1,175)Amounts
    due to shareholders and related parties
    
    19,222
    
    2,878Accrued
    liabilities and other payables
    
    10,000
    
    4,500Net cash used in operating activities
    
    (49,500)
    
    (2,500)Cash Flows from Financing Activities:Proceeds
    from Sale of Common Stock
    
    45,000
    
    8,000Net cash provided by financing activities
    
    45,000
    
    8,000Net change in cash and cash equivalent
    
    (4,500)
    
    5,500Cash - beginning of period
    
    5,500
    
    -Cash - end of period
    
    1,000
    
    5,500Supplemental Disclosures of Cash Flow
    Information:Interest
    paid
    
    -
    
    -Income
    taxes paid
    
    -
    
    -  Refer
to accompanying notes to the financial statements.   F-6    VERSHIRE
CORPORATION NOTES
TO THE FINANCIAL STATEMENTS FOR
THE YEAR ENDED JUNE 30, 2015 AND FOR
THE PERIOD FROM MAY 10, 2014 (INCEPTION) TO JUNE 30, 2014 (Currency
expressed in United States Dollars (“US$”), except for number of shares)  Note
1 - Organization and Description of Business  Vershire
Corporation (the "Company") is a Nevada corporation, incorporated on March 10, 2014. The Company's office is located
in Hong Kong and its principal business is in the provision of beauty tips and organic nature herb beauty products through its
online website. During the year, in February 2015 the controlling shareholder of the Company was changed to Masterco International
Limited which now holds and controls 72.73% equity interests of the Company.  The
Company is considered as a shell company with minimal activities and is now concentrating on development of its website and membership
web system, beauty products sourcing, identifying and researching its own beauty business direction.  Note
2 - Going Concern  The
accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and
the satisfaction of liabilities in the normal course of business. The Company has incurred a net loss of $79,522 for the year
ended June 30, 2015 and has generated no revenue as of June 30, 2015. The Company has a stockholders' deficit of $35,225 at June
30, 2015. On January 16, 2015, the Company issued 3,000,000 shares and raised a total of $45,000 from the registration statement
filed with the U.S. Securities and Exchange Commission ("SEC") which became effective on December 17, 2014. These funds raised were used for working capital as set out in
the Form S-1 filed on September 30, 2014. Accordingly if the business does not earn any profits then the Company will still need
to raise additional funds to cover operating overhead costs. These conditions raise substantial doubt about the ability of the
Company to continue as a going concern.  The
ability of the Company to continue as a going concern is dependent upon its abilities to generate revenues, to continue to raise
investment capital, and develop and implement its business plan. No assurance can be given that the Company will be successful
in these efforts. These financial statements do not include any adjustments relating to the recoverability and classification
of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable
to continue as a going concern. Management believes that actions presently being taken to obtain additional funding and implement
its strategic plans provide the opportunity for the Company to continue as a going concern. No assurance can be given that the
Company will be successful in these efforts.  Note
3 - Basis of Presentations  The
accompanying financial statements of the Company have been prepared in accordance with accounting principles generally accepted
in the United States ("US GAAP") and the rules of the Securities and Exchange Commission. The Company's fiscal year
end is June 30.  Note
4 - Summary of Significant Accounting Policies  Use
of Estimates  The
preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect
the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates
and assumptions related to the deferred income tax asset valuation allowances. The Company bases its estimates and assumptions
on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the
results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs
and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially
and adversely from the Company's estimates. To the extent there are material differences between the estimates and the actual
results, future results of operations will be affected.  Cash
and Cash Equivalents For
purposes of the statement of cash flows, the Company considers all highly liquid investments purchased with an original maturity
of three months or less to be cash equivalents. As of June 30, 2015 and 2014, there was cash and cash equivalents of $1,000 and $5,500.  Basic
Earnings (Loss) Per Share  Basic
earnings per share were computed by dividing net loss or net profit by the weighted average number of shares of common stock outstanding
during the year. Diluted loss and profit per common share for the year and period ended June 30 2015 and 2014, respectively, are
not presented as it would be anti-dilutive.  Foreign
Currency Translation  The
Company's functional and reporting currency is the United States dollar. Monetary assets and liabilities denominated in foreign
currencies are translated in accordance with ASC 830 "Foreign Currency Translation" using the exchange rate prevailing
at the balance sheet date. Gains and losses arising on translation or settlement of foreign currency denominated transactions
or balances are included in the determination of income. Foreign currency transactions are primarily undertaken in Hong Kong dollars.
The Company has not, to the date of these financial statements, entered into derivative instruments to offset the impact of foreign
currency fluctuations.  Related
parties  Parties,
which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly,
to control the other party or exercise significant influence over the other party in making financial and operational decisions.
Companies are also considered to be related if they are subject to common control or common significant influence.  F-7    Fair
Value Measurements  ASC
Topic 820, Fair Value Measurements and Disclosures (“ASC 820”), provides a comprehensive framework for measuring fair
value and expands disclosures which are required about fair value measurements. Specifically, ASC 820 sets forth a definition
of fair value and establishes a hierarchy prioritizing the inputs to valuation techniques, giving the highest priority to quoted
prices in active markets for identical assets and liabilities and the lowest priority to unobservable value inputs. ASC 820 defines
the hierarchy as follows:  Level
1 - Quoted prices are available in active markets for identical assets or liabilities as of the reported date. The types of assets
and liabilities included in Level 1 are highly liquid and actively traded instruments with quoted prices, such as equities listed
on the New York Stock Exchange.  Level
2 - Pricing inputs are other than quoted prices in active markets, but are either directly or indirectly observable as of the
reported date. The types of assets and liabilities in Level 2 are typically either comparable to actively traded securities or
contracts, or priced with models using highly observable inputs.  Level
3 - Significant inputs to pricing that are unobservable as of the reporting date. The types of assets and liabilities included
in Level 3 are those with inputs requiring significant management judgment or estimation, such as complex and subjective models
and forecasts used to determine the fair value of financial transmission rights.  Our
financial instruments consist of prepayment and accrued liabilities approximate their fair value because of the short-term maturities
of these instruments or bear market rates of interest.  Recent
Accounting Pronouncements  The
Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption
of any such pronouncements may be expected to cause a material impact on its financial condition or the results of its operations.  Note
5 - Related Party Transactions  On
    March 10, 2014, the Company issued one (1) share of common stock to its Incorporator.On
    March 24, 2014, the Incorporator transferred one (1) share of common stock to the current President. Furthermore, the Company
    issued a total of five million nine hundred and ninety nine thousand and nine hundred and ninety nine (5,999,999) shares of
    common stock in the Company to its President, Treasurer, CFO and Director for a total subscription price of $5,999 at a price
    of $0.001 per share.On
    the same date, another Two Million (2,000,000) shares of common stock were issued to Grenfell Capital Limited for a total
    subscription price of $2,000 at a price of $0.001 per share.During
    the period ended June 30, 2014, the Company paid a shareholder, Grenfell Capital Limited, $1,100 for rental service which
    were prepaid rental of service office for 12 months and $3,000 for corporate services.As of June 30, 2015, the Company utilized office space occupied by an officer at no charge. Such costs are immaterial to the financial statements and accordingly are not reflected herein.As
    of June 30, 2015 and 2014, there was $22,100 and $2,878 due to a director of the Company. And these amount are unsecured,
    non-interest bearing and due on demand.  Note
6 - Stockholder’s equity   The
Company is authorized to issue an aggregate of 75,000,000 shares of its common stock with a par value of $0.001 per share.  No
preferred shares have been authorized or issued.  On
March 10, 2014 and March 24, 2014, the Company respectively issued 1 and 5,999,999 shares at par value of $0.001 per share and
sale of 2,000,000 shares at par value of $0.001 per share.  On
January 16, 2015 the Company issued 3,000,000 shares and raised a total of $45,000 from the registration statement filed with
the SEC which became effective on December 17, 2014. These funds raised were used for working capital as set out in the Form S-1
filed on September 30, 2014.  As
of June 30, 2015 and 2014, the Company had a total of 11,000,000 and 8,000,000 shares of its common stock issued and outstanding.  Note 7 - Income TaxesNo provision was made for
    income tax for the period from March 10, 2014 (Inception) to June 30, 2015 as the Company had operating losses. The Company’s
    total net operating loss carry-forward was $88,225 as of June 30, 2015. The net operating loss carry-forward may be used to
    reduce taxable income through the year 2029. The availability of the Company's net operating loss carry-forwards is subject
    to limitation if there is a 50% or more change in the ownership of the Company's stock.There was no significant
    difference between reportable income tax and statutory income tax. The gross deferred tax asset balance as of June 30, 2015
    was approximately $30,878. A full valuation allowance has been established against the deferred tax asset, as the utilization
    of the loss carry-forwards cannot reasonably be assured. During the year ended June 30, 2015, the valuation allowance increased by $27,164, primarily relating to net operating loss carryforwards from the local tax regime.As reconciliation between
    the income taxes computed at the United States statutory rate and the Company's provision for income taxes is as follows:June 30, 2015 and 2014United States federal income tax rate
    35%Valuation allowance-US federal income
    tax
    35%Provision for income tax
    -  Note
8 – Commitments and Contingencies  As
of June 30, 2015, the Company has no commitments under operating leases.  Note
9 - Subsequent Events  In
accordance with ASC Topic 855, " Subsequent Events ", which establishes general standards of accounting for and disclosure
of events that occur after the balance sheet date but before financial statements are issued, the Company has evaluated all events
or transactions that occurred after June 30, 2015 up through the date was the Company issued the audited financial statements.
During the period, the Company did not have any material recognizable subsequent events.  F-8