10-Q/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q/A

(Amendment No. 1)

[  ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended December 31, 2015_________________

OR

[X] TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from October 1, 2015 to December 31, 2015

Commission File Number: 333-192272

ASIA EQUITY EXCHANGE GROUP, INC.

(Exact name of registrant as specified in its charter)

Nevada	46-3366428
(State or other jurisdiction of incorporation or organization)	(IRS Employer Identification No.)
Unit 1507, 15/F., Convention Plaza-Office Tower, 1 Harbor Road, Wanchai, Hong Kong	980000
(Address of principal executive offices)	(Zip Code)

(+852 3188 2285)

(Registrant’s telephone number, including area code)

Indicate by check mark 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 whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) 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 filed,” “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 [X] No [  ]

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: As of March 10, 2016, the Company had 146,000,000 shares of common stock outstanding.

ASIA EQUITY EXCHANGE GROUP, INC.

FORM 10-Q/A 

FOR THE Transition PERIOD DECEMBER 31, 2015 

TABLE OF CONTENTS

		PAGE
	PART I - FINANCIAL INFORMATION
Item 1.	Financial Statements.	4
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operation.	14
Item 3.	Quantitative and Qualitative Disclosures About Market Risk.	17
Item 4.	Controls and Procedures.	17
	PART II - OTHER INFORMATION
Item 1.	Legal Proceedings.	18
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds.	18
Item 3.	Defaults Upon Senior Securities.	19
Item 4.	Submission of Matters to a Vote of Security Holders.	19
Item 5.	Other Information.	19
Item 6.	Exhibits	19
	SIGNATURES	20

2

ASIA EQUITY EXCHANGE GROUP, INC.

Quarterly Report on Form 10-Q

For the Transition Period December 31, 2015

FORWARD-LOOKING STATEMENTS

This Form 10-Q/A (amendment no. 1) for the transition period ended December 31, 2015 contains forward-looking statements that involve risks and uncertainties. Forward-looking statements in this document include, among others, statements regarding our capital needs, business plans and expectations. Such forward-looking statements involve assumptions, risks and uncertainties regarding, among others, the success of our business plan, availability of funds, government regulations, operating costs, our ability to achieve significant revenues, our business model and products and other factors. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “potential” or “continue”, the negative of such terms or other comparable terminology. In evaluating these statements, you should consider various factors, including the assumptions, risks and uncertainties set forth in reports and other documents we have filed with or furnished to the SEC. These factors or any of them may cause our actual results to differ materially from any forward-looking statement made in this document. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding future events, our actual results will likely vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. The forward-looking statements in this document are made as of the date of this document and we do not intend or undertake to update any of the forward-looking statements to conform these statements to actual results, except as required by applicable law, including the securities laws of the United States.

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PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q and Rule 8-03 of Regulation S-X, and, therefore, do not include all information and footnotes necessary for a complete presentation of financial position, results of operations, and cash flows in conformity with U.S. generally accepted accounting principles. In the opinion of management, all adjustments considered necessary for a fair presentation of the results of operations and financial position have been included and all such adjustments are of a normal recurring nature. Operating results for the three-month period ended December 31, 2015 are not necessarily indicative of the results that can be expected for the year ending December 31, 2016.

4

ASIA EQUITY EXCHANGE GROUP, INC.

Balance Sheets

	December 31, 2015			September 30, 2015
ASSETS
Current Assets
Cash and cash equivalents	$	-		$	-
Prepaid expenses		5,833			5,833
Total current assets		5,833			5,833
TOTAL ASSETS	$	5,833		$	5,833
LIABILITIES AND STOCKHOLDERS’ DEFICIT
LIABILITIES
Current Liabilities
Accounts payable and accrued liabilities	$	1,056		$	861
Note payable - related party		14,408			9,719
Total current liabilities		15,464			10,580
TOTAL LIABILITIES		15,464			10,580
COMMITMENTS AND CONTINGENCIES		-			-
STOCKHOLDERS’ DEFICIT
Preferred stock, 1,000,000 shares authorized; par value $0.001, none issued and outstanding		-			-
Common stock, 3,000,000,000 shares authorized; par value $0.001, 1,146,000,000 and 146,000,000 shares issued as of December 31, 2015 and September 30, 2015, respectively*		1,146,000			146,000
Capital deficiency		(1,023,713	)		(23,713	)
Accumulated deficit		(131,918	)		(127,034	)
Total Stockholders’ Deficit		(9,631	)		(4,747	)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$	5,833		$	5,833

*Common stock retroactively adjusted for 10:1 forward stock split, effective July 8, 2015.

The accompanying notes to the financial statements are an integral part of these unaudited statements

5

ASIA EQUITY EXCHANGE GROUP, INC.

Statements of Operations

	For the Three Months Ended
	December 31,
	2015			2014
REVENUE	$	-		$	-
OPERATING EXPENSES
General and administrative		-			81
Professional fees		4,884			2,654
Total Operating Expenses		4,884			2,735
Net loss from operations		(4,884	)		(2,735	)
Other Income and Expense		-			-
Provision for income taxes		-			-
Net Loss	$	(4,884	)	$	(2,735	)
Basic and diluted loss per common share	$	(0.00	)	$	(0.00	)
Weighted average number of common shares outstanding - basic and diluted*		146,000,000			146,000,000

*Common stock retroactively adjusted for 10:1 forward stock split, effective July 8, 2015

The accompanying notes to the financial statements are an integral part of these unaudited statements

6

ASIA EQUITY EXCHANGE GROUP, INC.

Statements of Cash Flows

	For the Three Months End December 31,
	2015			2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(4,884	)	$	(2,735	)
Adjustments to reconcile net loss to net cash used in operating activities:
Expenses paid by a related party		4,689			-
Changes in operating activities:
Accounts payable and accrued liabilities		195			(3,000	)
Net cash used in operating activities		-			(5,735	)
CASH FLOWS FROM INVESTING ACTIVITIES
Net cash used in Investing Activities		-			-
CASH FLOWS FROM FINANCING ACTIVITIES
Net Cash Provided by Financing Activities		-			-
Net increase (decrease) in cash and cash equivalents		-			(5,735	)
Cash and cash equivalents, beginning of period		-			38,691
Cash and cash equivalents, end of period	$	-		$	32,956
Supplemental Cash Flow Disclosure:
Cash paid for interest	$	-		$	-
Cash paid for income taxes	$	-		$	-
Non-cash financing activities:
1,000,000,000 shares of common stock issued and held in escrow pending merger with Asia Equity Exchange Group Co., Ltd.	$	1,000,000		$	-

The accompanying notes to the financial statements are an integral part of these unaudited statements

7

ASIA EQUITY EXCHANGE GROUP, INC.

Notes to the Financial Statements

December 31, 2015

NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

ASIA EQUITY EXCHANGE GROUP, INC. (the “Company”, “AEEX”) is a Nevada corporation incorporated on July 15, 2013. It is based in Hong Kong, Peoples Republic of China. The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America, and the Company’s fiscal year end is September 30.

The Company aims to build and complement the multi-layer capital market system in Asia, and create a unique and authoritative intercontinental equity information platform which will effectively complement in business functions, service means and financing channels with OTC markets in countries and regions in Asia. AEEX also endeavors to build a system of global cooperation to provide listed enterprises with equity financing means through domestic and overseas channels, and to offer nurturing, pre-listing tutoring, incubating and supporting services for their listing on overseas capital markets.

To date, the Company’s activities have been limited to its formation and the raising of equity capital.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, the financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.

In the opinion of management, all adjustments consisting of normal recurring entries necessary for a fair statement of the periods presented for: (a) the financial position; (b) the result of operations; and (c) cash flows, have been made in order to make the financial statements presented not misleading. The results of operations for such interim periods are not necessarily indicative of operations for a full year. The accompanying unaudited financial statements should be read in conjunction with the financial statements and related notes included in the Company’s Annual Report on Form 10-K/A, for the year ended September 30, 2015, as filed with the SEC on January 15, 2016.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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. The estimates and judgments will also affect the reported amounts for certain revenues and expenses during the reporting period. Actual results could differ from these good faith estimates and judgments.

Cash and Cash Equivalents

Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of less than three months from inception, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value. The Company had $Nil a in cash and cash equivalents as of December 31, 2015 and September 30, 2015, respectively.

8

Net Loss Per Share of Common Stock

The Company has adopted ASC Topic 260, “Earnings per Share,” (“EPS”) which requires presentation of basic EPS on the face of the income statement for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation. In the accompanying financial statements, basic loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period.

The following table sets forth the computation of basic earnings per share, for the three months ended December 31, 2015 and 2014:

	Three Months Ended December 31,
	2015			2014
Net loss	$	(4,884	)	$	(2,735	)
Weighted average common shares outstanding (basic and diluted)		146,000,000			146,000,000
Net loss per common share, basic and diluted	$	(0.00	)	$	(0.00	)

The Company has no potentially dilutive securities, such as options or warrants, currently issued and outstanding.

Concentrations of Credit Risk

The Company’s financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and cash equivalents and related party payables that it will likely incur in the near future. The Company places its cash and cash equivalents with financial institutions of high credit worthiness. At times, its cash and cash equivalents with a particular financial institution may exceed any applicable government insurance limits. The Company’s management plans to assess the financial strength and credit worthiness of any parties to which it extends funds, and as such, it believes that any associated credit risk exposures are limited.

Financial Instruments

The Company follows ASC 820, “Fair Value Measurements and Disclosures,” which defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below:

9

Level 1

Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.

Level 2

Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.

Level 3

Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.

Share-based Expenses

ASC 718 “Compensation – Stock Compensation” prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired. Transactions include incurring liabilities, or issuing or offering to issue shares, options, and other equity instruments such as employee stock ownership plans and stock appreciation rights. Share-based payments to employees, including grants of employee stock options, are recognized as compensation expense in the financial statements based on their fair values. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period).

The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, “Equity – Based Payments to Non-Employees.” Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable: (a) the goods or services received; or (b) the equity instruments issued. The fair value of the share-based payment transaction is determined at the earlier of performance commitment date or performance completion date.

Advertising Costs

The Company follows ASC 720, “Advertising Costs,” and expenses costs as incurred. No advertising costs were incurred for the three months ended December 31, 2015.

Related Parties

The Company follows ASC 850, “Related Party Disclosures,” for the identification of related parties and disclosure of related party transactions. See note 6.

Commitments and Contingencies

The Company follows ASC 450-20, “Loss Contingencies,” to report accounting for contingencies. Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. There were no commitments or contingencies as of December 31, 2015.

10

Revenue Recognition

The Company will recognize revenue from the sale of products and services in accordance with ASC 605, “Revenue Recognition.” No revenue has been recognized since inception. However, the Company will recognize revenue only when all of the following criteria have been met:

i)	Persuasive evidence for an agreement exists;
ii)	Service has been provided;
iii)	The fee is fixed or determinable; and,
iv)	Collection is reasonably assured.

Recent Accounting Pronouncements

Management has considered all recent accounting pronouncements issued. The Company’s management believes that these recent pronouncements will not have a material effect on the Company’s consolidated financial statements.

NOTE 3 - GOING CONCERN

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business. As of December 31, 2015, the Company has a loss from operations of $4,884 an accumulated deficit of $131,918 and has earned no revenues since inception. The Company intends to start the business of consulting and information release services to gain profit after the proposed purchase of Asia Equity Exchange Group Co., Ltd. (“AEEGCL”) (see note 8). The Company plans to fund operations through equity financing arrangements, which may be insufficient to fund its capital expenditures, working capital and other cash requirements for the year ending December 31, 2016.

The ability of the Company to emerge from the development stage is dependent upon, among other things, obtaining additional financing to continue operations, and development of its business plan. In response to these problems, management intends to raise additional funds through public or private placement offerings.

These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.

NOTE 4 - EQUITY

Preferred Stock

The Company has authorized 1,000,000 preferred shares with a par value of $0.001 per share. The Board of Directors are authorized to divide the authorized shares of Preferred Stock into one or more series, each of which shall be so designated as to distinguish the shares thereof from the shares of all other series and classes. As of December 31, 2015, the Company does not have any issued shares of preferred stock and has not designated any shares for issuance.

Common Stock

The Company has authorized 3,000,000,000 common shares with a par value of $0.001 per share. Each common share entitles the holder to one vote, in person or proxy, on any matter on which action of the stockholders of the corporation is sought.

11

On July 8, 2015, the Board of Directors authorized a ten for one (10:1) forward stock split, which was effectuated upon the filing of our amended Articles of Incorporation. The amended Articles of Incorporation were filed with the state of Nevada on July 22, 2015. Accordingly, the Company’s outstanding number of shares of common stock increased from 14,600,000 to 146,000,000. All relevant information relating to numbers of shares and per share information have been retrospectively adjusted to reflect the forward stock split for all periods presented.

During the period ended December 31, 2015, pursuant to the Sale and Purchase agreement to acquire 100% of the shares and assets of Asian Equity Exchange Group Co. Ltd. (“AEEGCL”, see note 8), the Company issued 1,000,000,000 shares of common stock, to be held in escrow pending closing of the transaction. Accordingly, the Company excludes these shares from the calculation of common shares outstanding.

As of December 31, 2015 and September 30, 2015, the Company has issued 1,146,000,000 and 146,000,000 shares of common stock, respectively.

Additional Paid in Capital

During the year ending September 30, 2015, a former officer forgave $50,087, which was recorded as contributed capital.

NOTE 5 - PROVISION FOR INCOME TAXES

The Company provides for income taxes under ASC 740, “Income Taxes.” Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax basis of assets and liabilities and the tax rates in effect when these differences are expected to reverse. A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations.

The provision for income taxes differs from the amounts, which would be provided by applying the statutory federal income tax rate of 34% to the net loss before provision for income taxes for the following reasons:

	December 31, 2015			September 30, 2015
Income tax expense at statutory rate	$	(16,375	)	$	(18,100	)
Valuation allowance		16,375			18,100
Income tax expense per books	$	-		$	-

Net deferred tax assets consist of the following components as of:

	December 31, 2015			September 30, 2015
NOL Carryover	$	43,175		$	26,800
Valuation allowance		(43,175	)		(26,800	)
Net deferred tax asset	$	–		$	–

12

The Company has approximately $136,802 of Federal net operating loss carry-forwards, which will begin to expire in 2033. Their utilization is limited to future taxable earnings of the Company and may be subject to severe limitations if the Company undergoes an ownership change pursuant to Internal Revenue Code Section 382.

The Company has not taken any uncertain tax positions; however, it has open tax years subject to audit by the Internal Revenue Services, for the years ended 2013 through 2015.

NOTE 6 - RELATED PARTY TRANSACTIONS

During the year ended September 30, 2015, the former CEO advanced the Company $12,500 for operating expenses, received payments of $3,276 and forgave the balance owing of $50,087.

During the three months ending December 31, 2015, and year ended September 30, 2015, the new CEO advanced the Company $4,689 and $9,719 for operating expenses. These advances have been formalized by non-interest bearing demand notes.

As of December 31, 2015, and September 30, 2015, the balance due to a related party was $14,408 and $9,719, respectively.

NOTE 7 - COMMITMENTS AND CONTINGENCIES

The Company has no known commitments or contingencies as of December 31, 2015. From time to time, the Company may become a party to litigation matters involving claims against the Company. Management believes that it is adequately insured for its operations and there are no current matters that would have a material effect on the Company’s financial position or results of operations.

NOTE 8 - SUBSEQUENT EVENTS

On November 30, 2015, Asia Equity Exchange Group Inc., executed a Sale and Purchase Agreement (“the Agreement”) to acquire 100% of the shares and assets of AEEGCL, a company incorporated under the laws of Samoa. Pursuant to the Agreement, the Company agreed to issue one billion (1,000,000,000) restricted common shares of the Company to the owners of AEEGCL. Execution of this agreement is the first stage of the planned acquisition. Closing was planned to take place on or before March 31, 2016. However, closing is contingent upon an audit of the shares and assets of AEEGCL. As of the date of this filing that closing has not occurred. All shares issued pursuant to the Agreement are held in escrow and deemed to be in the full control of the Company until the closing.

13

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operation.

Results of Operations for the Quarter Ended December 31, 2015

Forward-Looking Statements

Except for historical information, this report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks and uncertainties, including, among other things, statements regarding our business strategy, future revenues and anticipated costs and expenses. Such forward-looking statements include, among others, those statements including the words “expects,” “anticipates,” “intends,” “believes” and similar language. Our actual results may differ significantly from those projected in the forward-looking statements. Factors that might cause or contribute to such differences include, but are not limited to, those discussed herein as well as in the “Description of Business – Risk Factors” section in our Annual Report on Form 10-K/A, as filed on January 15, 2016. You should carefully review the risks described in our Annual Report and in other documents we file from time to time with the Securities and Exchange Commission. You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this report. We undertake no obligation to publicly release any revisions to the forward-looking statements or reflect events or circumstances after the date of this document.

Although we believe that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements.

Our unaudited financial statements are stated in United States Dollars and are prepared in accordance with United States Generally Accepted Accounting Principles.

Overview

Asia Equity Exchange Group, Inc. (the “Company”), was incorporated in the State of Nevada on July 15, 2013, under the name I In The Sky Inc. Our name was changed as of July 22, 2015. The Company is working to establish and build an equity information service platform designed to provide equity investment financing information to all enterprises in the countries and regions of Asia.

We have had limited operations and have been issued a “going concern” opinion by our auditor, based upon our reliance on the sale of our common stock as the sole source of funds for our future operations.

Plan of Operation

We are a development stage entity devoting substantially all of our efforts to establishing a new business for which our planned principal operations have not yet commenced.

In 2016, we expect to enroll 200 or more qualified businesses in Mainland China, and in 10 other countries in Asia. We will cooperate with the authorized institutions in various commercial roadshows to expand our influence at home and abroad, and will work to establish contacts with governments at all levels to elicit their support and assistance. Our ultimate aim in 2016 is to enroll 800 companies to be listed on our website www.asiaotcmarkets.com for equity financing.

Our auditors have issued a going concern opinion on our audited financial statements for the year ended September 30, 2015. This means that there is substantial doubt that we can continue as an on-going business for the next twelve months unless we obtain additional capital to pay our bills. This is because we have not generated any revenues and no revenues are anticipated until we launch our business platform. There is no assurance we will ever reach this point. Accordingly, we must raise cash from other sources. Our only other source for cash at this time is investments by others or loans from our shareholders or officers. We have no assurances that such loans will become available upon acceptable terms when the funds are required for our operations. We must raise cash to implement our project and stay in business. As of December 31, 2015, the Company had $nil in cash on hand.

14

Limited Operating History; Need for Additional Capital

There is no historical financial information about us upon which to base an evaluation of our performance. We are in our early development and we have not generated any revenues from operations, and may be unable to fund ongoing activates. We cannot guarantee we will be successful in our business operations. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources, possible delays in developing our hardware and software, and possible cost increases due to disruptions in from hardware manufacturers.

To become profitable and competitive, we must launch our platform. In February and March of 2014 we completed our sale of 2,400,000 shares of common stock at $0.025 per share raising a total of $60,000, which has provided sufficient funding for our current activities. If we are unable to conclude our current product development efforts and begin selling our services, we may not generate sufficient cash to fund our ongoing business plan. We do not believe we have sufficient funds to operate our business for the next 12 months.

We have no assurance that future financing will be available to us on acceptable terms. If financing is not available on satisfactory terms, we may be unable to continue, develop or expand our operations. Equity financing could result in additional dilution to existing shareholders.

If we are unable to complete any phase of our development program or fail to raise additional capital to maintain our operations in the future, we may be unable to carry out our full business plan or we may be forced to cease operations.

Results of Operations

We have generated no revenues and have incurred $131,918 in expenses since inception (July 15, 2013) through December 31, 2015.

	As of		As of
	31-Dec-15		30-Sep-15
Cash	$	-	$	-
Total Assets	$	5,833	$	5,833
Total Liabilities	$	15,464	$	10,580
Stockholders’ Deficit	$	9,631	$	4,747

Liquidity and Capital Resources

Working Capital

	As of		As of
	December 31, 2015		September 30, 2015
Current Assets	$	5,833	$	5,833
Current Liabilities	$	15,464	$	10,580
Working Capital Deficiency	$	9,631	$	4,747

Cash Flows

	Three months ended		Three months ended
	December 31, 2015		December 31, 2014
Cash Flows used in Operating Activities	$	-	$	(5,735	)
Net decrease in Cash During Period	$	-	$	(5,735	)

As at December 31, 2015 and September 30 2015, the Company’s cash balances were $nil, our total assets at December 31, 2015 and September 30, 2015 were $5,833.

15

As at December 31, 2015, the Company had total liabilities of $15,464 compared with total liabilities of $10,580 as at September 30, 2015. The increase in total liabilities was primarily attributed to the net loss incurred during the three months ended December 31, 2015.

As at December 31, 2015, the Company had a working capital deficiency of $9,631 compared with working capital deficiency of $4,747 as at September 30, 2015. The decrease in working capital was primarily attributed to the increase in current liabilities from the professional fees incurred during the three months ended December 31, 2015.

Cash Flow from Operating Activities

During the three months ended December 31, 2015, the Company used no cash in operating activities compared to cash used in operating activities of $5,735 during the three months ended December 31, 2014. During the three months ended December 31, 2014, the Company had a loss from operations of $2,735 in addition to a decrease in accounts payable of $3,000.

Cash Flow from Investing Activities

During the three months ended December 31, 2015 and 2014, the Company used no cash in investing activities.

Cash Flow from Financing Activities

During the three months ended December 31, 2015 and 2014, the Company used no cash in financing activities.

From inception until the date of this filing, we have had limited operating activities.

Off-Balance Sheet Arrangements

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

Critical Accounting Policies

Basis of Presentation

The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, the financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.

In the opinion of management, all adjustments consisting of normal recurring entries necessary for a fair statement of the periods presented for: (a) the financial position; (b) the result of operations; and (c) cash flows, have been made in order to make the financial statements presented not misleading. The results of operations for such interim periods are not necessarily indicative of operations for a full year. The accompanying unaudited financial statements should be read in conjunction with the financial statements and related notes included in the Company’s Annual Report on Form 10-K/A, for the year ended September 30, 2015, as filed with the SEC on January 15, 2016.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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. The estimates and judgments will also affect the reported amounts for certain revenues and expenses during the reporting period. Actual results could differ from these good faith estimates and judgments.

16

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

Not applicable.

Item 4. Controls and Procedures.

We carried out an evaluation of the effectiveness of our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) as of December 31, 2015 (the “Evaluation Date”). This evaluation was carried out under the supervision and with the participation of our Chief Executive Officer and Chief Financial Officer. Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were not effective as of the Evaluation Date as a result of the material weaknesses in internal control over financial reporting discussed below.

Disclosure controls and procedures are those controls and procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the Exchange Act are recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed under the Exchange Act is accumulated and communicated to management, including our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosure.

Notwithstanding the assessment that our internal control over financial reporting was not effective and that there were material weaknesses as identified in this report, we believe that our financial statements contained in our Quarterly Report on Form 10-Q for the quarter ended December 31, 2015, fairly present our financial condition, results of operations and cash flows in all material respects.

Our management is responsible for establishing and maintaining adequate internal control over financial reporting, as such term is defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act, for the Company.

Internal control over financial reporting includes those policies and procedures that: (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of our assets; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that our receipts and expenditures are being made only in accordance with authorizations of its management and directors; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets that could have a material effect on the financial statements.

Management recognizes that there are inherent limitations in the effectiveness of any system of internal control, and, accordingly, even effective internal control can provide only reasonable assurance with respect to financial statement preparation and may not prevent or detect material misstatements. In addition, effective internal control at a point in time may become ineffective in future periods because of changes in conditions or due to deterioration in the degree of compliance with our established policies and procedures.

A material weakness is a significant deficiency, or combination of significant deficiencies, that results in there being a more than remote likelihood that a material misstatement of the annual or interim financial statements will not be prevented or detected.

Under the supervision and with the participation of our Chief Executive Officer and Chief Financial Officer, management conducted an evaluation of the effectiveness of our internal control over financial reporting, as of the Evaluation Date, based on the framework set forth in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO).

Based on its evaluation under this framework, management concluded that our internal control over financial reporting was not effective as of the Evaluation Date.

17

Management assessed the effectiveness of the Company’s internal control over financial reporting as of Evaluation Date and identified the following material weaknesses:

1.	Inadequate Segregation of Duties: We have an inadequate number of personnel to properly implement control procedures.
2.	Insufficient Written Policies & Procedures: We have insufficient written policies and procedures for accounting and financial reporting.
3.	Inadequate Financial Statement Closing Process: We have an inadequate financial statement closing process.
4.	Lack of Audit Committee: The lack of a functioning audit committee and lack of a majority of outside directors on the Company’s Board of Directors, resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures.

Management is committed to improving its internal controls and will (1) continue to use third party specialists to address shortfalls in staffing and to assist the Company with accounting and finance responsibilities, (2) increase the frequency of independent reconciliations of significant accounts which will mitigate the lack of segregation of duties until there are sufficient personnel and (3) prepare and implement sufficient written policies and checklists for financial reporting and closing processes and (4) may consider appointing outside directors and audit committee members in the future.

Management, including our Chief Executive Officer and the Chief Financial Officer, has discussed the material weakness noted above with our independent registered public accounting firm. Due to the nature of this material weakness, there is a more than remote likelihood that misstatements which could be material to the annual or interim financial statements could occur that would not be prevented or detected.

Our management, including our Chief Executive Officer and the Chief Financial Officer, do not expect that the our controls and procedures will prevent all potential errors or fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met.

Changes in internal control over financial reporting

There were no changes in our internal control over financial reporting that occurred during the quarter ended December 31, 2015 that have materially affected, or that are reasonably likely to materially affect, our internal control over financial reporting.

PART II - OTHER INFORMATION

Item 1. Legal Proceedings.

We are not presently a party to any legal proceedings and, to our knowledge, no such proceedings are threatened or pending.

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

No stock was sold during the six month period ended December 31, 2015.

18

Item 3. Defaults Upon Senior Securities.

None.

Item 4. Submission of Matters to a Vote of Security Holders.

No matters were submitted to our security holders for a vote during the three-month period ended December 31, 2015.

Item 5. Other Information.

None.

Item 6. Exhibits.

31.1 Certification of Principal Executive Officer and Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

32.1 Certification of Principal Executive Officer and Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

19

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, thereto duly authorized.

	ASIA EQUITY EXCHANGE GROUP, INC.
	(Registrant)
Dated: March 15, 2016	/s/ Liu Jun
	Liu Jun
	President, Chief Executive Officer, Secretary and Director. Chief Financial Officer,
	(Principal Executive, Officer) Principal Financial Officer

Dated: March 15, 2016	/s/ Peng Tao
	Peng Tao
	Treasurer and Director

20

EX-31.1

Exhibit 31.1

CERTIFICATIONS

I, Liu Jun, Chief Executive Officer and Chief Financial Officer certify that:

1.	I have reviewed this quarterly report on Form 10-Q/A of Asia Equity Exchange Group, 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.	I am 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, 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 our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of 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.

Dated: March 15, 2016

By:	/s/ Liu Jun
	Liu Jun
	Chief Executive Officer and Chief Financial Officer

EX-32.1

Exhibit 32.1

CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER

PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

I, Liu Jun, Chief executive Officer and Chief Financial Officer, certify, as of the dates hereof, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that the Quarterly Report of Asia Equity Exchange Group, Inc., on Form 10-Q/A for the quarter ended December 31, 2015 fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 and that information contained in such Form 10-Q/A fairly presents in all material respects the financial condition and results of operations of Asia Equity Exchange Group, Inc., at the dates and for the periods indicated.

Date: March 15, 2016
	By:	/s/ Liu Jun
		Liu Jun
		Chief Executive Officer and Chief Financial Officer

A signed original of this written statement required by Section 906 has been provided to Asia Equity Exchange Group, Inc. and will be retained by Asia Equity Exchange Group, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.

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Document and Entity Information - shares	3 Months Ended
	Dec. 31, 2015	Mar. 10, 2016
Document And Entity Information [Abstract]
Entity Registrant Name	ASIA EQUITY EXCHANGE GROUP, INC.
Entity Central Index Key	0001590565
Document Type	10-Q/A
Document Period End Date	Dec. 31, 2015
Amendment Flag	true
Amendment Description	Amendment No. 1
Current Fiscal Year End Date	--09-30
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		146,000,000
Trading Symbol	AEEX
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2016

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Balance Sheets - USD ($)		Dec. 31, 2015	Sep. 30, 2015
Current Assets
Cash and cash equivalents
Prepaid expenses		$ 5,833	$ 5,833
Total current assets		5,833	5,833
TOTAL ASSETS		5,833	5,833
Current Liabilities
Accounts payable and accrued liabilities		1,056	861
Note payable - related party		14,408	9,719
Total current liabilities		15,464	10,580
TOTAL LIABILITIES		$ 15,464	$ 10,580
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' DEFICIT
Preferred stock, 1,000,000 shares authorized; par value $0.001, none issued and outstanding
Common stock, 3,000,000,000 shares authorized; par value $0.001, 1,146,000,000 and 146,000,000 shares issued as of December 31, 2015 and September 30, 2015, respectively	[1]	$ 1,146,000	$ 146,000
Capital deficiency		(1,023,713)	(23,713)
Accumulated deficit		(131,918)	(127,034)
Total Stockholders' Deficit		(9,631)	(4,747)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT		$ 5,833	$ 5,833

[1] Common stock retroactively adjusted for 10:1 forward stock split, effective July 8, 2015.

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Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2015	Sep. 30, 2015
Statement of Financial Position [Abstract]
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, shares authorized	3,000,000,000	3,000,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	1,146,000,000	146,000,000

XML

Statements of Operations - USD ($)		3 Months Ended
		Dec. 31, 2015	Dec. 31, 2014
Income Statement [Abstract]
REVENUE
OPERATING EXPENSES
General and administrative			$ 81
Professional fees		$ 4,884	2,654
Total Operating Expenses		4,884	2,735
Net loss from operations		$ (4,884)	$ (2,735)
Other Income and Expense
Provision for income taxes
Net Loss		$ (4,884)	$ (2,735)
Basic and diluted loss per common share		$ (0.00)	$ (0.00)
Weighted average number of common shares outstanding - basic and diluted	[1]	146,000,000	146,000,000

[1] Common stock retroactively adjusted for 10:1 forward stock split, effective July 8, 2015.

XML

Statements of Operations (Parenthetical)	Jul. 08, 2015
Income Statement [Abstract]
Common stock forward stock split	10:1 forward stock split

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Statements of Cash Flows - USD ($)	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (4,884)	$ (2,735)
Adjustments to reconcile net loss to net cash used in operating activities:
Expenses paid by a related party	4,689
Changes in operating activities:
Accounts payable and accrued liabilities	$ 195	$ (3,000)
Net cash used in operating activities		$ (5,735)
CASH FLOWS FROM INVESTING ACTIVITIES
Net cash used in Investing Activities
CASH FLOWS FROM FINANCING ACTIVITIES
Net Cash Provided by Financing Activities
Net increase (decrease) in cash and cash equivalents		$ (5,735)
Cash and cash equivalents, beginning of period		38,691
Cash and cash equivalents, end of period		$ 32,956
Supplemental Cash Flow Disclosure:
Cash paid for interest
Cash paid for income taxes
Non-cash financing activities:
1,000,000,000 shares of common stock issued and held in escrow pending merger with Asia Equity Exchange Group Co., Ltd.	$ 1,000,000

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Statements of Cash Flows (Parenthetical)	3 Months Ended
	Dec. 31, 2015 shares
Statement of Cash Flows [Abstract]
Issuance of common stock issued and held in escrow pending merger with Asia Equity Exchange Group Co., Ltd.	1,000,000,000

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Organization and Description of Business

3 Months Ended

Dec. 31, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Organization and Description of Business

NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

ASIA EQUITY EXCHANGE GROUP, INC. (the “Company”, “AEEX”) is a Nevada corporation incorporated on July 15, 2013. It is based in Honk Kong, Peoples Republic of China. The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America, and the Company’s fiscal year end is September 30.

The Company aims to build and complement the multi-layer capital market system in Asia, and create a unique and authoritative intercontinental equity information platform which will effectively complement in business functions, service means and financing channels with OTC markets in countries and regions in Asia. AEEX also endeavors to build a system of global cooperation to provide listed enterprises with equity financing means through domestic and overseas channels, and to offer nurturing, pre-listing tutoring, incubating and supporting services for their listing on overseas capital markets.

To date, the Company’s activities have been limited to its formation and the raising of equity capital.

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Summary of Significant Accounting Policies

3 Months Ended

Dec. 31, 2015

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, the financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.

In the opinion of management, all adjustments consisting of normal recurring entries necessary for a fair statement of the periods presented for: (a) the financial position; (b) the result of operations; and (c) cash flows, have been made in order to make the financial statements presented not misleading. The results of operations for such interim periods are not necessarily indicative of operations for a full year. The accompanying unaudited financial statements should be read in conjunction with the financial statements and related notes included in the Company’s Annual Report on Form 10-K/A, for the year ended September 30, 2015, as filed with the SEC on January 15, 2016.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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. The estimates and judgments will also affect the reported amounts for certain revenues and expenses during the reporting period. Actual results could differ from these good faith estimates and judgments.

Cash and Cash Equivalents

Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of less than three months from inception, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value. The Company had $Nil a in cash and cash equivalents as of December 31, 2015 and September 30, 2015, respectively.

Net Loss Per Share of Common Stock

The Company has adopted ASC Topic 260, “Earnings per Share,” (“EPS”) which requires presentation of basic EPS on the face of the income statement for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation. In the accompanying financial statements, basic loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period.

The following table sets forth the computation of basic earnings per share, for the three months ended December 31, 2015 and 2014:

	Three Months Ended December 31,
	2015			2014
Net loss	$	(4,884	)	$	(2,735	)
Weighted average common shares outstanding (basic and diluted)		146,000,000			146,000,000
Net loss per common share, basic and diluted	$	(0.00	)	$	(0.00	)

The Company has no potentially dilutive securities, such as options or warrants, currently issued and outstanding.

Concentrations of Credit Risk

The Company’s financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and cash equivalents and related party payables that it will likely incur in the near future. The Company places its cash and cash equivalents with financial institutions of high credit worthiness. At times, its cash and cash equivalents with a particular financial institution may exceed any applicable government insurance limits. The Company’s management plans to assess the financial strength and credit worthiness of any parties to which it extends funds, and as such, it believes that any associated credit risk exposures are limited.

Financial Instruments

The Company follows ASC 820, “Fair Value Measurements and Disclosures,” which defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below:

Level 1

Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.

Level 2

Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.

Level 3

Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.

Share-based Expenses

ASC 718 “Compensation – Stock Compensation” prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired. Transactions include incurring liabilities, or issuing or offering to issue shares, options, and other equity instruments such as employee stock ownership plans and stock appreciation rights. Share-based payments to employees, including grants of employee stock options, are recognized as compensation expense in the financial statements based on their fair values. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period).

The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, “Equity – Based Payments to Non-Employees.” Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable: (a) the goods or services received; or (b) the equity instruments issued. The fair value of the share-based payment transaction is determined at the earlier of performance commitment date or performance completion date.

Advertising Costs

The Company follows ASC 720, “Advertising Costs,” and expenses costs as incurred. No advertising costs were incurred for the three months ended December 31, 2015.

Related Parties

The Company follows ASC 850, “Related Party Disclosures,” for the identification of related parties and disclosure of related party transactions. See note 6.

Commitments and Contingencies

The Company follows ASC 450-20, “Loss Contingencies,” to report accounting for contingencies. Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. There were no commitments or contingencies as of December 31, 2015.

Revenue Recognition

The Company will recognize revenue from the sale of products and services in accordance with ASC 605, “Revenue Recognition.” No revenue has been recognized since inception. However, the Company will recognize revenue only when all of the following criteria have been met:

i)	Persuasive evidence for an agreement exists;
ii)	Service has been provided;
iii)	The fee is fixed or determinable; and,
iv)	Collection is reasonably assured.

Recent Accounting Pronouncements

Management has considered all recent accounting pronouncements issued. The Company’s management believes that these recent pronouncements will not have a material effect on the Company’s consolidated financial statements.

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Going Concern

3 Months Ended

Dec. 31, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Going Concern

NOTE 3 - GOING CONCERN

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business. As of December 31, 2015, the Company has a loss from operations of $4,884 an accumulated deficit of $131,918 and has earned no revenues since inception. The Company intends to start the business of consulting and information release services to gain profit after the proposed purchase of Asia Equity Exchange Group Co., Ltd. (“AEEGCL”) (see note 8). The Company plans to fund operations through equity financing arrangements, which may be insufficient to fund its capital expenditures, working capital and other cash requirements for the year ending December 31, 2016.

The ability of the Company to emerge from the development stage is dependent upon, among other things, obtaining additional financing to continue operations, and development of its business plan. In response to these problems, management intends to raise additional funds through public or private placement offerings.

These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.

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Equity

3 Months Ended

Dec. 31, 2015

Equity [Abstract]

Equity

NOTE 4 - EQUITY

Preferred Stock

The Company has authorized 1,000,000 preferred shares with a par value of $0.001 per share. The Board of Directors are authorized to divide the authorized shares of Preferred Stock into one or more series, each of which shall be so designated as to distinguish the shares thereof from the shares of all other series and classes. As of December 31, 2015, the Company does not have any issued shares of preferred stock and has not designated any shares for issuance.

Common Stock

The Company has authorized 3,000,000,000 common shares with a par value of $0.001 per share. Each common share entitles the holder to one vote, in person or proxy, on any matter on which action of the stockholders of the corporation is sought.

On July 8, 2015, the Board of Directors authorized a ten for one (10:1) forward stock split, which was effectuated upon the filing of our amended Articles of Incorporation. The amended Articles of Incorporation were filed with the state of Nevada on July 22, 2015. Accordingly, the Company’s outstanding number of shares of common stock increased from 14,600,000 to 146,000,000. All relevant information relating to numbers of shares and per share information have been retrospectively adjusted to reflect the forward stock split for all periods presented.

During the period ended December 31, 2015, pursuant to the Sale and Purchase agreement to acquire 100% of the shares and assets of Asian Equity Exchange Group Co. Ltd. (“AEEGCL”, see note 8), the Company issued 1,000,000,000 shares of common stock, to be held in escrow pending closing of the transaction. Accordingly, the Company excludes these shares from the calculation of common shares outstanding.

As of December 31, 2015 and September 30, 2015, the Company has issued 1,146,000,000 and 146,000,000 shares of common stock, respectively.

Additional Paid in Capital

During the year ending September 30, 2015, a former officer forgave $50,087, which was recorded as contributed capital.

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Provision for Income Taxes

3 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Provision for Income Taxes

NOTE 5 - PROVISION FOR INCOME TAXES

The Company provides for income taxes under ASC 740, “Income Taxes.” Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax basis of assets and liabilities and the tax rates in effect when these differences are expected to reverse. A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations.

The provision for income taxes differs from the amounts, which would be provided by applying the statutory federal income tax rate of 34% to the net loss before provision for income taxes for the following reasons:

	December 31, 2015			September 30, 2015
Income tax expense at statutory rate	$	(16,375	)	$	(18,100	)
Valuation allowance		16,375			18,100
Income tax expense per books	$	-		$	-

Net deferred tax assets consist of the following components as of:

	December 31, 2015			September 30, 2015
NOL Carryover	$	43,175		$	26,800
Valuation allowance		(43,175	)		(26,800	)
Net deferred tax asset	$	–		$	–

The Company has approximately $136,802 of Federal net operating loss carry-forwards, which will begin to expire in 2033. Their utilization is limited to future taxable earnings of the Company and may be subject to severe limitations if the Company undergoes an ownership change pursuant to Internal Revenue Code Section 382.

The Company has not taken any uncertain tax positions; however, it has open tax years subject to audit by the Internal Revenue Services, for the years ended 2013 through 2015.

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Related Party Transactions

3 Months Ended

Dec. 31, 2015

Related Party Transactions [Abstract]

Related Party Transactions

NOTE 6 - RELATED PARTY TRANSACTIONS

During the year ended September 30, 2015, the former CEO advanced the Company $12,500 for operating expenses, received payments of $3,276 and forgave the balance owing of $50,087.

During the three months ending December 31, 2015, and year ended September 30, 2015, the new CEO advanced the Company $4,689 and $9,719 for operating expenses. These advances have been formalized by non-interest bearing demand notes.

As of December 31, 2015, and September 30, 2015, the balance due to a related party was $14,408 and $9,719, respectively.

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Commitments and Contingencies

3 Months Ended

Dec. 31, 2015

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

NOTE 7 - COMMITMENTS AND CONTINGENCIES

The Company has no known commitments or contingencies as of December 31, 2015. From time to time, the Company may become a party to litigation matters involving claims against the Company. Management believes that it is adequately insured for its operations and there are no current matters that would have a material effect on the Company’s financial position or results of operations.

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Subsequent Events

3 Months Ended

Dec. 31, 2015

Subsequent Events [Abstract]

Subsequent Events

NOTE 8 - SUBSEQUENT EVENTS

On November 30, 2015, Asia Equity Exchange Group Inc., executed a Sale and Purchase Agreement (“the Agreement”) to acquire 100% of the shares and assets of AEEGCL, a company incorporated under the laws of Samoa. Pursuant to the Agreement, the Company agreed to issue one billion (1,000,000,000) restricted common shares of the Company to the owners of AEEGCL. Execution of this agreement is the first stage of the planned acquisition. Closing was planned to take place on or before March 31, 2016. However, closing is contingent upon an audit of the shares and assets of AEEGCL. As of the date of this filing that closing has not occurred. All shares issued pursuant to the Agreement are held in escrow and deemed to be in the full control of the Company until the closing.

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Summary of Significant Accounting Policies (Policies)

3 Months Ended

Dec. 31, 2015

Accounting Policies [Abstract]

Basis of Presentation

Basis of Presentation

The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, the financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.

In the opinion of management, all adjustments consisting of normal recurring entries necessary for a fair statement of the periods presented for: (a) the financial position; (b) the result of operations; and (c) cash flows, have been made in order to make the financial statements presented not misleading. The results of operations for such interim periods are not necessarily indicative of operations for a full year. The accompanying unaudited financial statements should be read in conjunction with the financial statements and related notes included in the Company’s Annual Report on Form 10-K/A, for the year ended September 30, 2015, as filed with the SEC on January 15, 2016.

Use of Estimates

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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. The estimates and judgments will also affect the reported amounts for certain revenues and expenses during the reporting period. Actual results could differ from these good faith estimates and judgments.

Cash and Cash Equivalents

Cash and Cash Equivalents

Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of less than three months from inception, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value. The Company had $Nil a in cash and cash equivalents as of December 31, 2015 and September 30, 2015, respectively.

Net Loss Per Share of Common Stock

Net Loss Per Share of Common Stock

The Company has adopted ASC Topic 260, “Earnings per Share,” (“EPS”) which requires presentation of basic EPS on the face of the income statement for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation. In the accompanying financial statements, basic loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period.

The following table sets forth the computation of basic earnings per share, for the three months ended December 31, 2015 and 2014:

	Three Months Ended December 31,
	2015			2014
Net loss	$	(4,884	)	$	(2,735	)
Weighted average common shares outstanding (basic and diluted)		146,000,000			146,000,000
Net loss per common share, basic and diluted	$	(0.00	)	$	(0.00	)

The Company has no potentially dilutive securities, such as options or warrants, currently issued and outstanding.

Concentrations of Credit Risk

Concentrations of Credit Risk

The Company’s financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and cash equivalents and related party payables that it will likely incur in the near future. The Company places its cash and cash equivalents with financial institutions of high credit worthiness. At times, its cash and cash equivalents with a particular financial institution may exceed any applicable government insurance limits. The Company’s management plans to assess the financial strength and credit worthiness of any parties to which it extends funds, and as such, it believes that any associated credit risk exposures are limited.

Financial Instruments

Financial Instruments

The Company follows ASC 820, “Fair Value Measurements and Disclosures,” which defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below:

Level 1

Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.

Level 2

Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.

Level 3

Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.

Share-based Expenses

Share-based Expenses

ASC 718 “Compensation – Stock Compensation” prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired. Transactions include incurring liabilities, or issuing or offering to issue shares, options, and other equity instruments such as employee stock ownership plans and stock appreciation rights. Share-based payments to employees, including grants of employee stock options, are recognized as compensation expense in the financial statements based on their fair values. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period).

The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, “Equity – Based Payments to Non-Employees.” Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable: (a) the goods or services received; or (b) the equity instruments issued. The fair value of the share-based payment transaction is determined at the earlier of performance commitment date or performance completion date.

Advertising Costs

Advertising Costs

The Company follows ASC 720, “Advertising Costs,” and expenses costs as incurred. No advertising costs were incurred for the three months ended December 31, 2015.

Related Parties

Related Parties

The Company follows ASC 850, “Related Party Disclosures,” for the identification of related parties and disclosure of related party transactions. See note 6.

Commitments and Contingencies

Commitments and Contingencies

The Company follows ASC 450-20, “Loss Contingencies,” to report accounting for contingencies. Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. There were no commitments or contingencies as of December 31, 2015.

Revenue Recognition

Revenue Recognition

The Company will recognize revenue from the sale of products and services in accordance with ASC 605, “Revenue Recognition.” No revenue has been recognized since inception. However, the Company will recognize revenue only when all of the following criteria have been met:

i)	Persuasive evidence for an agreement exists;
ii)	Service has been provided;
iii)	The fee is fixed or determinable; and,
iv)	Collection is reasonably assured.

Recent Accounting Pronouncements

Recent Accounting Pronouncements

Management has considered all recent accounting pronouncements issued. The Company’s management believes that these recent pronouncements will not have a material effect on the Company’s consolidated financial statements.

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Summary of Significant Accounting Policies (Tables)

3 Months Ended

Dec. 31, 2015

Accounting Policies [Abstract]

Schedule of Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic earnings per share, for the three months ended December 31, 2015 and 2014:

	Three Months Ended December 31,
	2015			2014
Net loss	$	(4,884	)	$	(2,735	)
Weighted average common shares outstanding (basic and diluted)		146,000,000			146,000,000
Net loss per common share, basic and diluted	$	(0.00	)	$	(0.00	)

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Provision for Income Taxes (Tables)

3 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Schedule of Net Loss Before Provision for Income Taxes

The provision for income taxes differs from the amounts, which would be provided by applying the statutory federal income tax rate of 34% to the net loss before provision for income taxes for the following reasons:

	December 31, 2015			September 30, 2015
Income tax expense at statutory rate	$	(16,375	)	$	(18,100	)
Valuation allowance		16,375			18,100
Income tax expense per books	$	-		$	-

Schedule of Components of Net Deferred Tax

Net deferred tax assets consist of the following components as of:

	December 31, 2015			September 30, 2015
NOL Carryover	$	43,175		$	26,800
Valuation allowance		(43,175	)		(26,800	)
Net deferred tax asset	$	–		$	–

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Summary of Significant Accounting Policies (Details Narrative) - USD ($)	3 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014
Accounting Policies [Abstract]
Cash and cash equivalents			$ 32,956	$ 38,691
Advertising costs

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Summary of Significant Accounting Policies - Schedule of Computation of Basic and Diluted Earnings Per Share (Details) - USD ($)		3 Months Ended
		Dec. 31, 2015	Dec. 31, 2014
Accounting Policies [Abstract]
Net loss		$ (4,884)	$ (2,735)
Weighted average common shares issued and outstanding (basic and diluted)	[1]	146,000,000	146,000,000
Net loss per common share, basic and diluted		$ (0.00)	$ (0.00)

[1] Common stock retroactively adjusted for 10:1 forward stock split, effective July 8, 2015.

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Going Concern (Details Narrative) - USD ($)	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Loss from operations	$ 4,884	$ 2,735
Accumulated deficit	$ 131,918		$ 127,034
Revenue

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Equity (Detail Narrative) - USD ($)		3 Months Ended	12 Months Ended
	Jul. 08, 2015	Dec. 31, 2015	Sep. 30, 2015	Nov. 30, 2015
Preferred stock, shares authorized		1,000,000	1,000,000
Preferred stock, par value		$ 0.001	$ 0.001
Common stock, shares authorized		3,000,000,000	3,000,000,000
Common stock, par value		$ 0.001	$ 0.001
Forward stock split	10:1 forward stock split
Issuance of common stock issued and held in escrow pending merger with Asia Equity Exchange Group Co., Ltd.		1,000,000,000
Common stock shares issued		1,146,000,000	146,000,000
Contributed capital			$ 50,087
Sale and Purchase Agreement [Member]
Percentage of shares and assets acquired		100.00%		100.00%
Issuance of common stock issued and held in escrow pending merger with Asia Equity Exchange Group Co., Ltd.		1,000,000,000
Minimum [Member]
Common stock shares outstanding		14,600,000
Maximum [Member]
Common stock shares outstanding		146,000,000

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Provision for Income Taxes (Details Narrative) - USD ($)	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Federal income tax rate	34.00%	34.00%
Federal [Member]
Net operating loss carry forwards	$ 136,802
Net operating loss carry forwards expire date	2033

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Provision for Income Taxes - Schedule of Net Loss Before Provision for Income Taxes (Details) - USD ($)	3 Months Ended		12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Sep. 30, 2015
Income Tax Disclosure [Abstract]
Income tax expense at statutory rate	$ (16,375)		$ (18,100)
Valuation allowance	$ 16,375		$ 18,100
Income tax expense per books

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Provision for Income Taxes - Schedule of Components of Net Deferred Tax (Details) - USD ($)	Dec. 31, 2015	Sep. 30, 2015
Income Tax Disclosure [Abstract]
NOL Carryover	$ 43,175	$ 26,800
Valuation allowance	$ (43,175)	$ (26,800)
Net deferred tax asset

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Related Party Transactions (Details Narrative) - USD ($)	3 Months Ended		12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Sep. 30, 2015
Related Party Transaction [Line Items]
Operating expenses	$ 4,884	$ 2,735
Due to related party	14,408		$ 9,719
Former CEO [Member]
Related Party Transaction [Line Items]
Operating expenses			12,500
Payments to related party			3,276
Debt forgiveness balance owing			50,087
New CEO [Member]
Related Party Transaction [Line Items]
Payments to related party	$ 4,689		$ 9,719

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Subsequent Events (Details Narrative) - Sale and Purchase Agreement [Member] - shares	Nov. 30, 2015	Dec. 31, 2015
Subsequent Event [Line Items]
Percentage of shares and assets acquired	100.00%	100.00%
Number of restricted common stock shares issued	1,000,000,000