10-Q

U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

xQUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2012

¨TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from  to 

Commission file number 000-53136

Oro East Mining, Inc.

Delaware

(State or other jurisdiction of incorporation or organization)

26-2012582

(I.R.S. Employer Identification Number)

1127 Webster Street, Suite 28, Oakland, CA 94607

(Address of Principal Offices)

(510) 343-6868

(Issuer’s Telephone Number)

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

Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (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 xNo ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, if any, every interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Yes x    No ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large Accelerated Filer ¨ Accelerated Filer ¨ Non-Accelerated Filer ¨ (Do not check if a smaller reporting company) 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 ¨No x

APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date: 27,964,190 shares of common stock, par value $.0001 per share, outstanding as of October 31, 2012.

ORO EAST MINING, INC.

- Table of Contents -

		Page(s)
PART I – FINANCIAL INFORMATION:
Item 1.	Financial Statements	1
	Consolidated Balance Sheets - September 30, 2012 (unaudited) and December 31, 2011	1
	Consolidated Statements of Expenses and Comprehensive Loss - Three and nine months ended September 30, 2012 and 2011, and for the Cumulative Period from Inception (February 15, 2008) to September 30, 2012 (unaudited)	2
	Consolidated Statements of Cash Flows - Nine months ended September 30, 2012 and 2011, and for the Cumulative Period from Inception (February 15, 2008) to September 30, 2012 (unaudited)	3
	Notes to Consolidated Financial Statements (unaudited)	4
Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations	6
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	7
Item 4.	Controls and Procedures	7
PART II – OTHER INFORMATION:
Item 1.	Legal Proceedings	8
Item 1A.	Risk Factors	8
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	8
Item 3.	Defaults Upon Senior Securities	8
Item 4.	Mine Safety Disclosures	8
Item 5.	Other Information	8
Item 6.	Exhibits	8
Signatures		9

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This Quarterly Report on Form 10-Q of Oro East Mining, Inc., a Delaware corporation (the “Company”), contains “forward-looking statements,” as defined in the United States Private Securities Litigation Reform Act of 1995.  In some cases, you can identify forward-looking statements by terminology such as “may”, “will”, “should”, “could”, “expects”, “plans”, “intends”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of such terms and other comparable terminology.  These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources.  Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements.  Actual results may differ materially from the predictions discussed in these forward-looking statements.  The economic environment within which we operate could materially affect our actual results. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: the volatility of minerals prices, the possibility that exploration efforts will not yield economically recoverable quantities of minerals, accidents and other risks associated with mineral exploration and development operations, the risk that the Company will encounter unanticipated geological factors, the Company’s need for and ability to obtain additional financing, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration and development plans, the exercise of the approximately 85.3% control the Company’s voting securities the Company’s Chief Executive Officer, Tian Qing Chen, holds, other factors over which we have little or no control; and other factors discussed in the Company’s filings with the Securities and Exchange Commission (“SEC”).

Our management has included projections and estimates in this Form 10-Q, which are based primarily on management’s experience in the industry, assessments of our results of operations, discussions and negotiations with third parties and a review of information filed by our competitors with the SEC or otherwise publicly available.  We caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made.  We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

PART I — FINANCIAL INFORMATION

Item 1.                          FINANCIAL STATEMENTS

ORO EAST MINING, INC.

(An Exploration Stage Company)

CONSOLIDATED BALANCE SHEETS

(Unaudited)

	September 30,			December 31,
	2012			2011
ASSETS
Current assets:
Cash	$	64,881		$	83,633
Other current assets		2,480			192
Total current assets		67,361			83,825
Property and equipment, net of depreciation of $60,303 and $29,611		232,067			254,163
TOTAL ASSETS	$	299,428		$	337,988
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities:
Accounts payable	$	42,959		$	3,925
Short-term note payable to shareholder		82,000			82,000
Convertible note payable		199,169			199,169
Accrued liabilities		50,987			12,619
Advances-related party		297,432			118,448
Total current liabilities		672,547			416,161
STOCKHOLDERS' DEFICIT
Preferred stock, $.0001 par value per share, 10,000,000 shares     authorized; no shares issued and outstanding		-			-
Common stock, $.0001 par value per share, 100,000,000 shares authorized;     27,964,190 and 27,916,440 shares issued and outstanding at September 30, 2012    and December 31, 2011, respectively		2,796			2,792
Additional paid-in capital		2,112,032			1,820,703
Accumulated deficit		(2,488,885	)		(1,910,151	)
Accumulated other comprehensive income		938			8,483
TOTAL STOCKHOLDERS' DEFICIT		(373,119	)		(78,173	)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	299,428		$	337,988

See accompanying notes to unaudited consolidated financial statements.

1

ORO EAST MINING, INC.

(An Exploration Stage Company)

CONSOLIDATED STATEMENTS OF EXPENSES AND COMPREHENSIVE LOSS

(Unaudited)

													February 15,
													2008
													(Inception)
													Through
	Three Months ended September 30,						Nine Months ended September 30,						September 30,
	2012			2011			2012			2011			2012
Operating expenses:
General and administrative	$	211,203		$	295,998		$	570,347		$	652,967		$	1,893,908
Exploration costs		-			85,726			-			641,701			577,417
Total operating expenses		211,203			381,724			570,347			1,294,668			2,471,325
Other income (expense):
Interest expense		(3,012	)		(3,035	)		(9,045	)		(9,024	)		(25,852	)
Foreign currency gain (loss)		355			8,479			658			54,110			(20,388	)
Gain on disposal of assets		-			-			-			-			28,680
Total other income (expense)		(2,657	)		5,444			(8,387	)		45,086			(17,560	)
Net loss		(213,860	)		(376,280	)		(578,734	)		(1,249,582	)		(2,488,885	)
Other comprehensive income (loss),
Foreign currency translation adjustment		(1,802	)		-			(7,545	)		-			938
Comprehensive loss	$	(215,662	)	$	(376,280	)	$	(586,279	)	$	(1,249,582	)	$	(2,487,947	)
Basic earnings (loss) per share - Basic and diluted	$	(0.01	)	$	(0.01	)	$	(0.02	)	$	(0.05	)
Weighted average number of common shares outstanding		27,923,212			27,240,886			27,918,714			27,342,038

See accompanying notes to unaudited consolidated financial statements.

2

ORO EAST MINING, INC.

(An Exploration Stage Company)

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

							February 18,
							2008
							(Inception)
							Through
	Nine Months ended September 30,						September 30,
	2012			2011			2012
CASH FLOW FROM OPERATING ACTIVITES:
Net loss	$	(578,734	)	$	(1,249,582	)	$	(2,488,885	)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation		30,692			28,200			68,392
Gain on disposal of assets		-			-			(28,680	)
Share-based compensation		187,083			180,970			432,450
Changes in operating assets and liabilities:
Other current assets		(1,988	)		1,231			(2,179	)
Accounts payable		39,034			48,101			42,959
Accrued liabilities		38,368			9,240			55,429
Net cash used in operating activities		(285,545	)		(981,840	)		(1,920,514	)
CASH FLOW USED IN INVESTING ACTIVITES,
Purchases of property and equipment		(8,596	)		-			(72,611	)
CASH FLOW FROM FINANCING ACTIVITIES:
Proceeds from issuance of common stock		103,950			1,059,000			1,674,635
Proceeds from short-term note		-			-			82,000
Net proceeds from shareholder advances		178,984			143,970			300,433
Net cash provided by financing activities		282,934			1,202,970			2,057,068
Effect of exchange rate on cash		(7,545	)		-			938
NET INCREASE (DECREASE) IN CASH		(18,752	)		221,130			64,881
CASH AT BEGINNING OF PERIOD		83,633			126,355			-
CASH AT END OF PERIOD	$	64,881		$	347,485		$	64,881
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest paid	$	-		$	-		$	4,100
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Subscription receivable	$	300		$	-		$	300
Note payable forgiven by shareholder	$	-		$	-		$	7,443
Equipment purchased on short-term note payable	$	-		$	-		$	199,169
Trade in of truck	$	-		$	-		$	79,682

See accompanying notes to unaudited consolidated financial statements.

3

ORO EAST MINING, INC.

(An Exploration Stage Company)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

 (Unaudited)

NOTE 1                        ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

(a)         Organization and Business

Oro East Mining, Inc. (“we”, “our”, or the “Company”) was incorporated in Delaware on February 15, 2008. The Company is currently in the exploration stage and does not have any customers or revenue.

In September 2012, the Company established its foreign wholly owned subsidiary, Oro East Mining LLC, for the purpose of conducting mining business in Mexico.  There have been no activities for the subsidiary since its establishment.

(b)       Emerging Growth Company 

We are an “emerging growth company,” as defined in the Jumpstart our Business Startups Act of 2012, and we may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies, including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in our periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden

parachute payments not previously approved.

Under the Jumpstart Our Business Startups Act, “emerging growth companies” can delay adopting new or revised accounting standards until such time as those standards apply to private companies. We have elected not to avail ourselves to this exemption from new or revised accounting standards and, therefore, we will be subject to the same new or revised accounting standards as other public companies that are not “emerging growth companies.”

 (c)         Basis of Consolidation

The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries.  All significant intercompany accounts and transactions have been eliminated.

(d)         Basis of Presentation

The accompanying interim consolidated financial statements are unaudited and have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission. In the opinion of management, all adjustments for a fair statement of the results and operations and financial position for the interim periods presented have been included. All such adjustments are of a normal recurring nature.   The September 30, 2012 interim consolidated financial statements presented herein may not be indicative of the results of the Company for the year ending December 31, 2012. These unaudited interim consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2011 filed with the SEC on March 30, 2012.

(e)         Share-based Compensation

The Company recognizes the services received in a share-based payment transaction as the services are received. The services received are measured at the fair value of the equity instruments issued.

(f)         Going Concern

The accompanying interim consolidated financial statements have been prepared on a going concern basis, which assumes the Company will realize its assets and discharge its liabilities in the normal course of business. As reflected in the accompanying interim consolidated financial statements, the Company has a negative deficit accumulated during the exploration stage of $2,488,885 and has negative working capital of $605,186 at September 30, 2012. The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management’s plan includes obtaining additional funds by equity financing and/or related party advances, but there is no assurance of additional funding being available. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying interim consolidated financial statements do not include any adjustments that might arise as a result of this uncertainty.

4

(g)         Reclassification

 Certain prior year amounts have been reclassified to conform with current year presentation.

NOTE 2                        RELATED PARTY TRANSACTIONS

The shareholder and officer of the Company paid expenses on behalf of the Company during the nine months ended September 30, 2012. As of September 30, 2012 and December 31, 2011, the Company owed a shareholder and officer the amount of $297,432 and $118,448, respectively. The balances are unsecured, non-interest bearing and due on demand.

NOTE 3                        EQUITY

During fiscal 2011 and 2010, the Company entered into consulting agreements with two companies to issue up to 24,440 and 225,000 common shares respectively for services to be received over periods of two years each. The shares are forfeitable if the services are not provided. The shares were valued at $2 per share for a total of $498,880. During the nine months ended September 30, 2012, the Company recognized $187,083 in share based compensation related to the consulting services.

During the three months ended September 30, 2012, the Company issued 34,650 common shares at $3 per share for $103,950. The Company issued 100 common shares at $3 per share for $300; the proceeds were received subsequent to September 30, 2012 and have been accounted for as a subscription receivable.  The Company also issued 13,000 common shares to a company for consulting services as discussed in the preceding paragraph.

5

Item 2.                          MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS    

The following discussion provides information that the Company’s management believes is relevant to an assessment and understanding of our results of operations and financial condition. The discussion should be read along with the Company’s consolidated financial statements and related notes included in Part I, Item 1 of this Quarterly Report on Form 10-Q. This section includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. Undue certainty should not be placed on these forward-looking statements. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from our predictions.

Business Overview

We are an exploration stage mining company engaged in the search for gold, copper and other precious or industrial mineral deposits and have not yet generated or realized any revenues from our business.

We do not expect any significant changes or hiring of employees since contracts are given to consultants and sub-contractor specialists in specific fields of expertise for the exploration work. We do not expect to purchase or sell any plant or significant equipment. We intend to lease or rent any equipment, such as backhoe, diamond drill, generators and so on, that we will need in order to carry out our exploration activities.

In October of 2011, we filed a registration statement on the Form S-1 for the public offering of 6,866,440 shares of common stock (“Offering”), and on July 25, 2012 the SEC approved and declared the effectiveness of the registration statement.

In September 2012, we established a foreign wholly owned subsidiary, Oro East Mining LLC, in Mexico for the purpose of conducting mining business, and there have been no activities since its establishment.

Results of Operations

The following is a summary of the Company’s operation results for the three and nine months ended September 30, 2012 and 2011:

	Three months ended September 30,								Nine months ended September 30,
	2012				2011				2012				2011
	(Unaudited)								(Unaudited)
Total operating expenses		$	(211,203	)		$	(381,724	)		$	(570,347	)		$	(1,294,668	)
Total other income (expense)			(2,657	)			5,444				(8,387	)			45,086
Net loss		$	(213,860	)		$	(376,280	)		$	(578,734	)		$	(1,249,582	)

The Company is still in the exploration stage, and no revenue has been generated since the inception of the Company on February 15, 2008. 

Operating expenses decreased by about $162,000 and $670,000 for the three and nine months ended September 30, 2012 and 2011 was due to the decrease of about $85,000 and $642,000 in exploration costs and $84,000 and $82,000 in general and administrative expenses for the respective periods.  There were no exploration activities during the first nine months of 2012 due to heavy flooding in the Philippines during the first quarter of 2012 and the pending of SEC’s approval of Form S-1 for funding from additional stock issuance.   The Form S-1 was declared effective by the SEC on July 25, 2012, and a total of 47,750 shares were issued during the three months ended September 30, 2012.  Decrease in general and administrative expenses was mainly due to the decrease in legal and professional fees attributable to the decrease in exploration activities for the respective periods.

Liquidity and Capital Resources

As of September 30, 2012 and December 31, 2011, the Company had a total of $299,428 and 337,988 in assets including $64,881 and $83,633 of cash, respectively.  Decrease of about $39,000 in total assets was due to the $18,000 net cash used for the operations and the $22,000 increase in accumulated depreciation for the first nine months of 2012.  The Company also had $672,547 and $416,161 current liabilities as of September 30, 2012 and December 31, 2011, respectively.  Increase of about $256,000 in total current liabilities was due to the increase of $179,000 in related party advance and $77,000 in accounts payable and accrued liabilities.

6

The following is a summary of the Company's cash flows provided by (used in) operating, investing, and financing activities for the nine months ended September 30, 2012 and 2011:

	2012			2011
	(Unaudited)
Net Cash Used In Operating Activities	$	(285,545	)	$	(981,840	)
Net Cash Used In Investing Activities		(8,596	)		-
Net Cash Provided By Financing Activities		282,934			1,202,970
Effect of exchange rate on cash		(7,545	)		-
Net increase (decrease) In Cash	$	(18,752	)	$	221,130

Our principal sources of liquidity are our cash and the cash flow provided by the shareholder advances and equity financing.  We believe that further equity financing is needed to satisfy our anticipated cash requirements through the next 12 months.

Total cash decreased by about 19,000 was mainly due to about $286,000 of cash used for funding the operations despite about $179,000 and $104,000 of cash provided by shareholder advances and stock issuances, respectively, during the nine months ended September 30, 2012.   We spent about $9,000 for equipment purchase during the nine months ended September 30, 2012, and there was no cash used for investing activities during the nine months ended September 30, 2011.

Critical Accounting Policies

There have been no material changes in the critical accounting policies since December 31, 2011.

Off-Balance Sheet Arrangements

The Company does not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on the Company’s financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors.

Item 3.                          QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

As a “smaller reporting company” as defined by Item 10 of Regulation S-K, the Company is not required to provide information required by this Item.

Item 4.                          CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

Under the supervision and with the participation of our management, including our principal executive officer and principal financial officer, we conducted an evaluation of our disclosure controls and procedures, as such term is defined under Rule 13a-15(e) and Rule 15d-15(e) promulgated under the Securities Exchange Act of 1934, as amended (Exchange Act), as of September 30, 2012.   Disclosure controls and procedures means that the material information required to be included in our Securities and Exchange Commission reports is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms relating to our company, including any consolidating subsidiaries, and was made known to us by others within those entities, particularly during the period when this report was being prepared.  Based on this evaluation, our principal executive officer and principal financial officer have concluded that our disclosure controls and procedures are effective as of September 30, 2012.

Changes in Internal Control over Financial Reporting

There were no changes in our internal controls over financial reporting that occurred during the quarter ended September 30, 2012, that have materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

7

PART II — OTHER INFORMATION

Item 1.                          LEGAL PROCEEDINGS

The Company is not currently subject to any legal proceedings.  From time to time, the Company may become subject to litigation or proceedings in connection with its business, as either a plaintiff or defendant.  There are no such pending legal proceedings to which the Company is a party that, in the opinion of management, is likely to have a material adverse effect on the Company’s business, financial condition or results of operations.

Item 1A.                       RISK FACTORS

As a “smaller reporting company” (as defined in Rule 12b-2 of the Exchange Act), the Company is not required to provide information required by this Item 1A.

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

None.

Item 3.                          DEFAULTS UPON SENIOR SECURITIES

None.

Item 4.                          MINE SAFETY DISCLOSURES

None.

Item 5.                          OTHER INFORMATION

None.

Item 6.                          EXHIBITS

(a)  Exhibits required by Item 601 of Regulation SK. 

Exhibit	Description
3.1.1	Certificate of Incorporation (1)
3.1.2	Certificate of Amendment to Certificate of Incorporation (2)
3.2	Bylaws (1)
31.1	Certification of the Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. *
31.2	Certification of the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. *
32.1	Certification of the Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. *
101.INS	XBRL Instance Document *
101.SCH	XBRL Taxonomy Extension Schema Document. *
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document *
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document *
101.LAB	XBRL Taxonomy Extension  Labels Linkbase Document *
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document *

(1)  Filed and incorporated by reference to the Company’s Registration Statement on Form 10-SB (File No. 000-53136), as filed with the Securities and Exchange Commission on March 19, 2008.

(2)  Filed and incorporated by reference to the Company’s Amendment No. 1 to Registration Statement on Form S-1 (File No. 333-177509), as filed with the Securities and Exchange Commission on January 30, 2012.

*           Filed herewith

8

SIGNATURES

 Pursuant to the requirements 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 6, 2012
	ORO EAST MINING, INC.               (Registrant)
	By:	/s/ Tian Q Chen
		Chief Executive Officer
		(Principal Executive Officer and Principal Financial and Accounting Officer)

9

EXHIBIT INDEX

Exhibit	Description
3.1.1	Certificate of Incorporation (1)
3.1.2	Certificate of Amendment to Certificate of Incorporation (2)
3.2	Bylaws (1)
31.1	Certification of the Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. *
31.2	Certification of the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. *
32.1	Certification of the Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. *
101.INS	XBRL Instance Document *
101.SCH	XBRL Taxonomy Extension Schema Document. *
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document *
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document *
101.LAB	XBRL Taxonomy Extension  Labels Linkbase Document *
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document *

(1)  Filed and incorporated by reference to the Company’s Registration Statement on Form 10-SB (File No. 000-53136), as filed with the Securities and Exchange Commission on March 19, 2008.

(2)  Filed and incorporated by reference to the Company’s Amendment No. 1 to Registration Statement on Form S-1 (File No. 333-177509), as filed with the Securities and Exchange Commission on January 30, 2012.

*           Filed herewith

10

EX-31.1

EXHIBIT 31.1

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

(18 U.S.C. SECTION 1350)

I, Tian Q. Chen, certify that:

1. I have reviewed this Form 10-Q for the period ended September 30, 2012 of Oro East Mining, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, 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;

c. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. I have disclosed, based on my most recent evaluation of internal control over financial reporting, to the registrant's auditors and the registrant's board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: November 6, 2012

/s/ Tian Q Chen

Tian Q Chen

Chief Executive Officer

(and Principal Financial and Accounting Officer)

EX-31.2

EXHIBIT 31.2

CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

(18 U.S.C. SECTION 1350)

I, Tian Q Chen, certify that:

1. I have reviewed this Form 10-Q for the period ended September 30, 2012 of Oro East Mining, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, 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;

c. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. I have disclosed, based on my most recent evaluation of internal control over financial reporting, to the registrant's auditors and the registrant's board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: November 6, 2012

/s/ Tian Q Chen

Tian Q Chen

Chief Executive  Officer

(and Principal Financial and Accounting Officer)

EX-32.1

EXHIBIT 32.1

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO SECTION 906

OF THE SARBANES-OXLEY ACT OF 2002

The undersigned, Tian Q Chen, the Chief Executive Officer, Chairman of the Board of Directors and Chief Financial Officer of ORO EAST MINING, INC. (the “Company”), DOES HEREBY CERTIFY that:

1.  The Company's Quarterly Report on Form 10-Q for the period ended September 30, 2012 (the “Report”), fully complies with the requirements of Section 13(a) of the Securities Exchange Act of 1934; and

2.  Information contained in the Report fairly presents, in all material respects, the financial condition and results of operation of the Company.

IN WITNESS WHEREOF, each of the undersigned has executed this statement this November 6, 2012.

/s/ Tian Q Chen

Tian Q Chen

Chief Executive Officer (and Principal Financial and Accounting Officer)

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Accounting Policies, by Policy (Policies)

9 Months Ended

Sep. 30, 2012

Consolidation, Policy [Policy Text Block]

Basis of Consolidation

The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries.  All significant intercompany accounts and transactions have been eliminated.

Basis of Accounting, Policy [Policy Text Block]

Basis of Presentation

The accompanying interim consolidated financial statements are unaudited and have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission. In the opinion of management, all adjustments for a fair statement of the results and operations and financial position for the interim periods presented have been included. All such adjustments are of a normal recurring nature.   The September 30, 2012 interim consolidated financial statements presented herein may not be indicative of the results of the Company for the year ending December 31, 2012. These unaudited interim consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2011 filed with the SEC on March 30, 2012

Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]

Share-based Compensation

The Company recognizes the services received in a share-based payment transaction as the services are received. The services received are measured at the fair value of the equity instruments issued.

Liquidity Disclosure [Policy Text Block]

Going Concern

The accompanying interim consolidated financial statements have been prepared on a going concern basis, which assumes the Company will realize its assets and discharge its liabilities in the normal course of business. As reflected in the accompanying interim consolidated financial statements, the Company has a negative deficit accumulated during the exploration stage of $2,488,885 and has negative working capital of $605,186 at September 30, 2012. The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management’s plan includes obtaining additional funds by equity financing and/or related party advances, but there is no assurance of additional funding being available. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying interim consolidated financial statements do not include any adjustments that might arise as a result of this uncertainty.

Reclassification, Policy [Policy Text Block]

Reclassification

 Certain prior year amounts have been reclassified to conform with current year presentation.

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NOTE 3 EQUITY

9 Months Ended

Sep. 30, 2012

Stockholders' Equity Note Disclosure [Text Block]

NOTE 3                        EQUITY

During fiscal 2011 and 2010, the Company entered into consulting agreements with two companies to issue up to 24,440 and 225,000 common shares respectively for services to be received over periods of two years each. The shares are forfeitable if the services are not provided. The shares were valued at $2 per share for a total of $498,880. During the nine months ended September 30, 2012, the Company recognized $187,083 in share based compensation related to the consulting services.

During the three months ended September 30, 2012, the Company issued 34,650 common shares at $3 per share for $103,950. The Company issued 100 common shares at $3 per share for $300; the proceeds were received subsequent to September 30, 2012 and have been accounted for as a subscription receivable.  The Company also issued 13,000 common shares to a company for consulting services as discussed in the preceding paragraph.

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CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)	Sep. 30, 2012	Dec. 31, 2011
Current assets:
Cash	$ 64,881	$ 83,633
Other current assets	2,480	192
Total current assets	67,361	83,825
Property and equipment, net of depreciation of $60,303 and $29,611	232,067	254,163
TOTAL ASSETS	299,428	337,988
Current liabilities:
Accounts payable	42,959	3,925
Short-term note payable to shareholder	82,000	82,000
Convertible note payable	199,169	199,169
Accrued liabilities	50,987	12,619
Advances-related party	297,432	118,448
Total current liabilities	672,547	416,161
STOCKHOLDERS' DEFICIT
Preferred stock, $.0001 par value per share, 10,000,000 shares authorized; no shares issued and outstanding	0	0
Common stock, $.0001 par value per share, 100,000,000 shares authorized; 27,964,190 and 27,916,440 shares issued and outstanding at September 30, 2012 and December 31, 2011, respectively	2,796	2,792
Additional paid-in capital	2,112,032	1,820,703
Accumulated deficit	(2,488,885)	(1,910,151)
Accumulated other comprehensive income	938	8,483
TOTAL STOCKHOLDERS' DEFICIT	(373,119)	(78,173)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 299,428	$ 337,988