U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

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

For the quarterly period ended ~~January~~April 3130, 2013

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

For the transition period from ______________________ to ______________________

Commission File No. 333-178199

~~GYSAN~~DINO ~~HOLDINGS,~~ENERGY ~~INC. (Exact name of small business issuer as specified in its charter)~~CORPORATION

(formerly known as GYSAN HOLDINGS, INC.)
(Exact name of small business issuer as specified in its charter)


Nevada		Not Applicable
(State or other jurisdiction of incorporation or formation)		(I.R.S. employer identification number)

Unit 7, 833 - 1^st Avenue N.W.

Calgary, AB, Canada T2N 0A4

(Address of principal executive offices) (Zip Code)

Registrant's telephone number: (403) 229-2351
_______________________________________________

Securities registered under Section 12(b) of the Exchange Act:

None.

Securities registered under Section 12(g) of the Exchange Act:

Common Stock, $.0001 par value per share

(Title of Class)

Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the issuer 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 is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [ ] No [X]

State the number of shares outstanding of each of the issuer's classes of common equity, as of ~~January~~April 3130, 2013: 78,616,000 shares of common stock.

Transitional Small Business Disclosure Format (check one): Yes [ ] No [X]

~~GYSAN~~DINO ~~HOLDINGS,~~ENERGY ~~INC. UNAUDITED CONSOLIDATED INTERIM FINANCIAL STATEMENTS INDEX~~CORPORATION

(formerly known as GYSAN HOLDINGS, INC.)
UNAUDITED CONSOLIDATED INTERIM FINANCIAL STATEMENTS INDEX

PART I – FINANCIAL INFORMATION:

Item 1.

Consolidated Financial ~~Statement~~Statements (~~Unaudited~~unaudited).........................................................~~....................~~

Condensed Consolidated Balance Sheets................................................................~~..................~~

Condensed Consolidated Statements of Operations (unaudited)...............................

Condensed Consolidated Statements of ~~Operations~~Stockholders’ Equity (unaudited)................~~...................................................~~

Condensed Consolidated Statements of ~~Stockholders’~~Cash ~~Equity~~Flows (unaudited)..............................~~....................~~

Notes to the Consolidated Financial Statements of(unaudited) ~~Cash Flows~~....................................~~.............................~~ 7-12

Notes to the Consolidated Financial Statements....................................................

8-12

Item 2.

Management's Discussion and Analysis of Financial Condition

and Results of Operations.........................................................................................

Item 3.

Quantitative and Qualitative Disclosure About Market Risks.....................................

Item 4T

Controls and Procedures .........................................................................................

PART II – OTHER INFORMATION:

Item 1.

Legal Proceedings.....................................................................................................

Item 1A.

Risk Factors ..............................................................................................................

Item 2.

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

Item 3.

Defaults Upon Senior Securities ................................................................................

Item 5.

Other Information .......................................................................................................

Item 6.

Exhibits .......................................................................................................................

Signatures ...................................................................................................................................

~~Gysan~~Dino ~~Holding~~Energy ~~Inc.~~Corporation

~~January~~(formerly ~~31,~~Gysan ~~2013~~Holdings Inc.)

Condensed Consolidated ~~Financial~~Balance ~~Statements~~Sheets

(Unaudited)


		April 30, 2013 *(unaudited)*		October 31, 2012 (audited)
ASSETS
Current
Cash and cash equivalents	$	3,124	$	1,986
Prepaid expenses		-		12,127
Sales tax receivable		1,195		-
		4,319		14,113
Long term deposits (Note 7)		165,104		-
Property and equipment (Note 4)		722		-
Total Assets	$	170,145	$	14,113
LIABILITIES
Current
Accounts payable	$	86,984	$	24,108
Due to shareholder (Note 5)		278,206		44,719
Total Liabilities		365,190		68,827
STOCKHOLDERS' EQUITY
Capital Stock
Authorized
100,000,000 common shares, voting, par value $.0001 each
90,000,000 preferred shares, par value $.0001 each
Issued
78,616,000 and 13,616,000 common shares, respectively		6,500		2,000
45,000,000 preferred shares		4,500		-
Additional paid in capital		724		-
Accumulated deficit		(207,659)		(56,939)
Accumulated other comprehensive loss		890		225
Total Stockholders' Equity		(195,045)		(54,714)
Total Liabilities and Stockholders' Equity	$	170,145	$	14,113

The accompanying notes are an integral part of these condensed consolidated financial statements

Gysan Holdings Inc.
CONSOLIDATED BALANCE SHEETS
			January 31, 2013	October 31, 2012
			(unaudited)	(audited)
ASSETS
Current
	Cash and cash equivalents		$ 10,376	$ 1,986
	Prepaid expenses		-	12,127
	Sales tax receivable		1,180	-
			11,556	14,113
Long term deposits (Note 7)			226,465	-
Property and equipment (Note 4)			1,274	-
Total Assets			$ 239,295	$ 14,113
LIABILITIES
Current
	Accounts payable		$ 92,929	$ 24,108
	Due to shareholder (Note 5)		262,284	44,719
Total Liabilities			355,213	68,827
STOCKHOLDERS' DEFICIT
Capital Stock
	Authorized
		100,000,000 common shares, voting, par value $.0001 each
		90,000,000 preferred shares, par value $.0001 each
	Issued
		78,616,000 and 13,616,000 common shares, respectively (Note 6)	6,500	2,000
		45,000,000 preferred shares (Note 6)	4,500	-
Additional paid in capital			724	-
Accumulated deficit			(128,098)	(56,939)
Accumulated other comprehensive income			456	225
Total Stockholders' Deficit			(115,918)	(54,714)
Total Liabilities and Stockholders' Deficit			$ 239,295	$ 14,113
Approved by the Board of Directors

Dino Energy Corporation

~~The~~(formerly ~~accompanying~~Gysan ~~notes~~Holdings ~~are an integral part of these consolidated financial statements~~Inc.)

Condensed Consolidated Statements of Operations

(unaudited)


		Three months ended April 30, 2013		Six months ended April 30, 2013
Expenses
Professional fees	$	60,561	$	90,528
Consulting fees		3,418		22,704
General & administration		14,879		16,606
Depreciation		543		543
		79,401		130,381
Loss from operations		(79,401)		(130,381)
Other income		(160)		(160)
Net loss for the period		(79,561)		(130,541)
Other comprehensive income
Foreign currency adjustment		434		665
Comprehensive loss	$	(79,127)	$	(129,876)
Basic and diluted loss per share	$	(0.001)	$	(0.002)
Weighted average number of shares outstanding		78,616,000		66,157,667

The accompanying notes are an integral part of these condensed consolidated financial statements

Gysan Holdings Inc.
CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
		Three months ended January 31, 2013
		(Note 1 and 3)
Expenses
	Professional fees	$ 29,967
	Consulting fees	19,286
	General and administration	1,439
	Rent and office	288
Net loss for the period		(50,980)
Other comprehensive income
	Foreign currency adjustment	231
Comprehensive loss		$ (50,749)
Basic and diluted income loss per share		$ (0.00)
Weighted average number of shares outstanding		19,268,174

Dino Energy Corporation

~~The~~(formerly ~~accompanying~~Gysan ~~notes~~Holdings ~~are an integral part of these consolidated financial statements~~Inc.)

Condensed Consolidated Statements of Stockholders’ Equity

(unaudited)



	Capital Stock			Preferred Stock
	Shares		Amount	Shares		Amount		Additional Paid in Capital		Accumulated Other Comprehensive Income (Loss)		Retained Earnings (Deficit)		Total
Balance, April 12, 2012	13,616,000	$	2,000	-	$	-	$	-	$	-	$		$	2,000
Net loss for the period ended October 31, 2012	-		-	-		-		-		-		(56,939)		(56,939)
Other comprehensive loss for the period ended October 31, 2012	-		-	-		-		-		225		-		225
Balance, October 31, 2012	13,616,000		2,000	-		-		-		225		(56,939)		(54,714)
Reorganization for reverse merger (Note 1)	65,000,000		4,500	45,000,000		4,500		724		-		(20,179)		(10,455)
Net loss for the period ended April 30, 2013	-		-	-		-		-		-		(130,541)		(130,541)
Other comprehensive income for the period ended April 30, 2013	-		-	-		-		-		665		-		665
Balance, April 30, 2013	78,616,000	$	6,500	45,000,000	$	4,500	$	724	$	890	$	(207,659)	$	(195,045)

The accompanying notes are an integral part of these condensed consolidated financial statements

Gysan Holdings Inc.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
(Unaudited)
	Capital Stock		Preferred Stock		Additional Paid in Capital	Accumulated Other Comprehensive Income	Deficit	Total
	Shares	Amount	Shares	Amount
Balance, April 12, 2012 (Note 1 and 3)	7,150,000	$ 2,000	-	$ -	$ -	$ -	$ -	$ 2,000
Net loss for the period ended October 31, 2012	-	-	-	-	-	-	(56,939)	(56,939)
Other comprehensive loss for the period ended October 31, 2012	-	-	-	-	-	225	-	225
Balance, October 31, 2012	13,616,000	2,000	-	-	-	225	(56,939)	(54,714)
Reorganization for reverse merger (Note 1)	65,000,000	4,500	45,000,000	4,500	724	-	(20,179)	(10,455)
Net loss for the period ended January 31, 2013	-	-	-	-	-	-	(50,980)	(50,980)
Other comprehensive income for the period ended January 31, 2013	-	-	-	-	-	231	-	231
Balance, January 31, 2013	78,616,000	$ 6,500	45,000,000	$ 4,500	724	$ 456	$ (128,098)	$ (115,918)

Dino Energy Corporation

~~The~~(formerly ~~accompanying~~Gysan ~~notes~~Holdings ~~are an integral part of these consolidated financial statements~~Inc.)

Condensed Consolidated Statements of Cash Flows

(unaudited)


		Six months ended April 30 2013
Operating activities
Net loss for the period	$	(130,541)
Item not requiring an outlay of cash:
Depreciation		543
Changes in non-cash working capital:
Prepaid expenses and deposits		12,127
Accounts payable		54,430
Sales tax receivable		(270)
Due to (from) shareholder		213,072
Net cash provided by (used in) operating activities		149,361
Investing activities
Payment of long-term deposits		(165,104)
Net cash used in investing activities		(165,104)
Financing activities
Cash acquired from reverse merger		16,221
Net cash provided by financing activities		16,221
Net cash decrease for the period		478
Foreign exchange translation		660
Cash and cash equivalents, beginning of the period		1,986
Cash and cash equivalents, end of the period	$	3,124

The accompanying notes are an integral part of these condensed consolidated financial statements

Gysan Holdings Inc.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
			Three months ended January 31, 2013
			(Note 1 and 3)
Operating activities
	Net loss for the period		$ (50,980)
	Changes in non-cash working capital:
		Prepaid expenses and deposits	(213,413)
		Accounts payable	60,375
		Sales tax receivable	(1,180)
		Due to shareholder	197,136
	Net cash used in operating activities		(8,062)
Financing activities
	Cash acquired in reverse merger (Note 3)		16,221
	Net cash provided by financing activities		16,221
Net cash increase for the period			8,159
Foreign exchange translation			231
			8,390
Cash and cash equivalents, beginning of the period			1,986
Cash and cash equivalents, end of the period			$ 10,376

Dino Energy Corporation

~~The~~(formerly ~~accompanying~~Gysan ~~notes~~Holdings ~~are an integral part of these consolidated financial statements~~Inc.)

7Notes to the Condensed Consolidated Financial Statements

April 30, 2013

(unaudited)

NOTE 1 – NATURE AND CONTINUANCE OF OPERATION

Dino Energy Corporation, formerly Gysan Holdings Inc., (~~“Gysan” or~~ the “Corporation”) was incorporated in the state of Nevada, United States on March 11, 2011. On June 10, 2011, ~~Gysan~~the Corporation acquired Gysan Enterprises Ltd. of Calgary, Alberta, Canada as its wholly owned subsidiary. Gysan Enterprises Ltd. (“Gysan Alberta”) was incorporated on November 4, 2009 with its head office located in Calgary, Alberta, Canada. Gysan Alberta provides supporting services to an auction company to establish a new flooring division and focuses on selling and marketing various types of floor coverings, namely, hardwood, engineered, and laminates to the local market. Corporation clients include homeowners, business owners, and custom builders from Calgary and the surrounding areas.

On January 23, 2013, ~~Gysan~~the ~~Holdings,~~Corporation ~~Inc.~~ acquired all the outstanding shares of Dino Energy Investments, Ltd. (“Dino”), a British Virgin Island Company incorporated on April 12, 2012, from Dino’s current shareholders in exchange for 65,000,000 common shares and 45,000,000 preferred shares of ~~Gysan~~the Corporation. As a result of the transaction, Dino has become a wholly-owned subsidiary of ~~Gysan~~the Corporation (Note 3). Dino is a newly-formed oil and gas company and it has recently entered into an agreement with First Nation Group in Alberta, Canada (“First Nation”) for the exploration, development and production of hydrocarbon resources on and under the First Nation’s reserve lands (the “Exploration Agreement”). The rights granted to Dino under the Exploration Agreement are subject to regulatory and governmental approval as well as a number of other conditions precedents (Note 7). It is expected that Dino, as a subsidiary of ~~Gysan~~the Corporation, will conduct all exploration and production activities through a wholly-owned subsidiary incorporated under the laws of Alberta, Canada. As operations for Dino commenced in June 2012, there are no figures as at April 30, 2012 to present.

Although the Corporation was the legal acquirer, the transaction was accounted for as a recapitalization of Dino in the form of a reverse merger, whereby Dino becomes the accounting acquirer and was deemed to have retroactively adopted the capital structure of the Corporation. Accordingly, the accompanying condensed consolidated financial statements reflect the historical consolidated financial statements of Dino for all periods presented, and do not include the historical financial statements of the Corporation. All costs associated with the reverse merger transaction were expensed as incurred.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

This summary of significant accounting policies is presented to assist in understanding the condensed consolidated financial statements. The condensed consolidated financial statements and notes are the representations of the Corporation’s management, who is responsible for their integrity and objectivity. These condensed consolidated financial statements have been prepared in accordance with the instructions to form 10-Q, and therefore, do not included all the information necessary for a fair presentation of financial position, results of operations and cash flows in conformity with generally accepted accounting principles. These condensed consolidated financial statements should be read in conjunction with the annual consolidated financial statement and footnotes thereto included in the Company’s filed form 10-K.

~~NOTE~~Dino 2Energy ~~– SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONT'D.)~~Corporation

(formerly Gysan Holdings Inc.)

Notes to the Condensed Consolidated Financial Statements

April 30, 2013

(unaudited)

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

Basis of Presentation

The Corporation’s condensed consolidated financial statements included herein are prepared under the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America. These condensed consolidated financial statements include the Corporation’s wholly owned subsidiaries, Gysan Enterprises Ltd., Dino Energy Investment, Ltd. and 100 percent of its asset, liabilities and net income or loss. All inter-company accounts and transactions have been eliminated.

While the information presented in the accompanying interim ~~three~~condensed ~~months~~ consolidated financial statements is unaudited, it includes all adjustments, which are, in the opinion of management, necessary to present fairly the financial position, results of operation and cash flows for the interim periods presented. All adjustments are of a normal recurring nature. Operating results for the period ended ~~January~~April 3130, 2013 are not necessarily indicative of the results that can be expected for the year ended October 31, 2013.

~~Cash~~The ~~and~~functional ~~Cash~~currency ~~Equivalents~~of the Corporation is Canadian dollars (“C$”). The Corporation maintains its financial statements in American currency.

For purposes of the Statement of Cash Flows, management considers liquid investments with an original maturity of three months or less to be cash equivalents. As at January 31, 2013, all cash amounts deposited in accounts were federally insured.

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 disclosures of contingent assets and liabilities at the date of financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The financial statements above reflect all of the costs of doing business.

Comprehensive Income (Loss)

The Corporation adopted Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 220, “Reporting Comprehensive Income”, which establishes standards for the reporting and display of comprehensive income and its components in the financial statements. Comprehensive income consists of net income and other gains and losses affecting stockholder's equity that are excluded from net income, such as unrealized gains and losses on investments available for sale, foreign currency translation gains and losses and minimum pension liability. Since inception, the Corporation’s other comprehensive income represents foreign currency translation adjustments.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONT'D.)

Net Income Per Common Share

FASB ASC 260 requires dual presentation of basic and diluted earnings per share (EPS) with a reconciliation of the numerator and denominator of the EPS computations. Basic earnings per share amounts are based on the weighted average shares of common stock outstanding. If applicable, diluted earnings per share would assume the conversion, exercise or issuance of all potential common stock instruments such as options, warrants and convertible securities, unless the effect is to reduce a loss or increase earnings per share. Diluted net income (loss) per share on the potential exercise of the equity-based financial instruments is not presented where anti-dilutive. There were no adjustments required to net income for the period presented in the computation of diluted earnings per share.

Financial Instruments

Fair Value

The guidance for fair value measurements establishes the authoritative definition of fair value, sets out a framework for measuring fair value and outlines the required disclosures regarding fair value measurements. Fair value is the price that would be received to sell 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 at the measurement date. The Company uses a three-tier fair value hierarchy based upon observable and non-observable inputs as follows:

Level 1 – observable inputs such as quoted prices in active markets;

Level 2 – inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and

Level 3 – unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.

Cash is measured using level 1 inputs.

Dino Energy Corporation

(formerly Gysan Holdings Inc.)

Notes to the Condensed Consolidated Financial Statements

April 30, 2013

(unaudited)

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONT'D.)

Assets and Liabilities that are measured at Fair Value on a Recurring Basis

The fair value hierarchy requires the use of observable market data when available. In instances in which the inputs used to measure fair value fall into different levels of ~~thefair~~the fair value hierarchy, the fair value measurement has been determined based on the lowest level input that is significant to the fair value measurement in its entirety.

The Company’s assessment of the significance of a particular item to the fair value measurement in its entirety requires judgment, including the consideration of inputs specific to the asset or liability.

The fair value of financial instruments consisting of cash and cash equivalents, accounts payable and due to shareholder were estimated to approximate their carrying values based on the short-term maturity of these instruments.

Risks

Financial instruments that potentially subject the Corporation to credit risk consist principally of cash.

Management does not believe the Corporation is exposed to significant credit risk. Management, as well, does not believe the Corporation is exposed to significant interest rate risks during the period presented in these financial statements.

Fair Value Measurements

The Corporation follows FASB ASC 820, Fair Value Measurements and Disclosures, for all financial instruments and non-financial instruments accounted for at fair value on a recurring basis. This new accounting standard establishes a single definition of fair value and a framework for measuring fair value, sets out a fair value hierarchy to be used to classify the source of information used in fair value measurement and expands disclosures about fair value measurements required under other accounting pronouncements. It does not change existing guidance as to whether or not an instrument is carried at fair value. The Corporation defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

When determining the fair value measurements for assets and liabilities, which are required to be recorded at fair value, the Corporation considers the principal or most advantageous market in which the Corporation would transact and the market-based risk measurements or assumptions that market participants would use in pricing the asset or liability, such as inherent risk, transfer restrictions and credit risk.

Dino Energy Corporation

(formerly Gysan Holdings Inc.)

Notes to the Condensed Consolidated Financial Statements

April 30, 2013

(unaudited)

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONT'D.)

The Corporation has adopted FASB ASC 825, Financial Instruments, which allows companies to choose to measure eligible financial instruments and certain other items at fair value that are not required to be measured at fair value. The Corporation has not elected the fair value option for any eligible financial instruments.

Currency risks

The Corporation incurs expenditures in Canadian dollars. Consequently, some assets and liabilities are exposed to Canadian dollar foreign currency fluctuations. As at ~~January~~April 3130, 2013, cash, accounts receivable, advances from related parties and accounts payable and accrued charges were all denominated in Canadian dollars.

Equipment

Equipment is recorded at cost. Amortization is calculated at the following annual rates:

Automobile – 30% over 48 months.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONT'D.)

Impairment of Long-Lived Assets

Impairment losses on long-lived assets are recognized when events or changes in circumstances indicate that the undiscounted cash flows estimated to be generated by such assets are less than their carrying value and, accordingly, all or a portion of such carrying value may not be recoverable. Impairment losses are then measured by comparing the fair value of assets to their carrying amounts. No impairments of these types of assets were recognized during the period ended January 31, 2013.

Deferred Taxes

A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting and net operating loss-carry forwards.

Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that, some portion or all of the deferred tax asset will not be realized. Deferred tax assets and liabilities are adjusted for the effect of changes in tax laws and rates on the date of enactment.

Revenue Recognition and Deferred Revenue

The Corporation recognizes revenue when persuasive evidence of an arrangement exists, shipment has occurred or services rendered, the price is fixed or determinable and payment is reasonably assured. Customers take ownership at point of sale and bear the costs and risks of delivery.

Foreign currency translation

The functional currency of the Corporation is Canadian dollars (“C$”). The Corporation maintains its financial statements in American currency. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency at rates of exchange prevailing at the balance sheet dates. Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchanges rates prevailing at the dates of the transaction. Exchange gains or losses arising from foreign currency transactions are included in the determination of net income for the respective periods.

Recent Accounting Pronouncements

In December 2011, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2011-11 Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities (ASU 2011-11). ASU 2011-11 requires that an entity ~~disclosure~~disclose information about offsetting and related arrangements to enable users of its financial statements to understand the effect of those arrangements on its financial position. ASU 2011-11 is effective for annual and interim periods beginning on or after January 1, 2013. The ~~Company~~adoption isof ~~currently~~this ~~evaluating~~standard ~~the~~did ~~provisions~~not ofhave ~~ASU~~a ~~2011-11~~material ~~and assessing the~~ impact, ~~if any, it may have~~ on ~~the~~these ~~disclosures in the~~ financial statements.

~~NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONT'D.)~~10

~~Recently~~Dino ~~Adopted~~Energy ~~Accounting Standards~~Corporation

~~In July 2012, the FASB issued ASC 350-30~~ (formerly ~~the~~Gysan ~~Accounting~~Holdings ~~Standards Update (“ASU”) 2012-02, “Intangibles – Goodwill and Other”)~~Inc. The amendments permit an entity first to assess qualitative factors to determine whether it is more likely than not that an indefinite-lived intangible asset is impaired as a basis for determining whether it is necessary to perform the qualitative impairment testing in accordance with Subtopic 350-30, Intangibles – Goodwill and Other – General Intangibles Other than Goodwill. The more likely than not threshold is defined as having a likelihood of more than 50 percent. ASU 2012-02 is effective for annual and interim impairment testes performed for fiscal years beginning on or after September 15, 2012. Early adoption is permitted. The adoption of this accounting standard has not had significant effect on the financial statement presentation.)

Notes to the Condensed Consolidated Financial Statements

April 30, 2013

(unaudited)

NOTE 3 – BUSINESS ACQUISITION

On November 16, 2012, ~~Gysan~~the Corporation entered into a share exchange agreement whereby ~~Gysan~~The Corporation would acquire all of the issued and outstanding shares of Dino Energy Investments, Ltd. (“Dino”). The agreement was completed on January 23, ~~2012~~2013 where ~~Gysan~~the Corporation acquired all issued and outstanding shares of Dino in exchange for 65,000,000 common shares and 45,000,000 preferred shares of ~~Gysan~~The Corporation (Note 1).

The acquisition constitutes a reverse merger and is accounted for in accordance with Accounting Standards Codification 805 – Business Combinations, as the former shareholders of Dino now control 94% of the outstanding and issued voting shares of ~~Gysan~~the Corporation and therefore, Dino is deemed to be the acquirer for accounting purposes. Under these accounting principles, the post-merger financial statements represent the historical assets and liabilities of Dino and the legal equity structure of ~~Gysan~~the Corporation.

The allocation of purchase consideration for net assets of $9,895 at January 23, 2013 is as follows:


Cash	$	16,221
Accounts receivable		925
Property and equipment		1,820
Accounts payable and accrued liabilities		(8,446)
Due to related parties		(20,415)
Net liabilities acquired	$	(9,895)

NOTE 4 – EQUIPMENT

	January 31, 2013
	April 30, 2013
		Accumulated
	Cost	Depreciation	Net
Automobile	$ 7,~~281~~223	$ (6,~~007~~501)	$ ~~1,274~~722

NOTE 5 – DUE TO SHAREHOLDER

As at ~~January~~April 3130, 2013, the Company was obligated to a shareholder for funds advanced to the Company for working capital. The advances are unsecured and no interest rate or payback schedule has been established.

NOTE 6 – CAPITAL STOCK

As ofat ~~October~~April 3130, ~~2012~~2013, ~~the~~there ~~Corporation~~were ~~had~~no ~~13,616,000~~warrants ~~common~~or ~~shares~~options outstanding.

On January 23, 2013, Gysan Holdings, Inc. acquired all the outstanding shares of Dino Energy investments, Ltd. (“Dino”), a British Virgin Island Company, from Dino’s shareholders in exchange for 65,000,000 common shares and 45,000,000 preferred shares of Gysan (Note 1 and Note 3). As a result of the reverse acquisition, there are 78,616,000 common shares and 45,000,000 preferred shares outstanding as of January 31, 2013. 11

AsDino atEnergy ~~January 31, 2013, there were no warrants or options outstanding.~~ Corporation

(formerly Gysan Holdings Inc.)

Notes to the Condensed Consolidated Financial Statements

April 30, 2013

(unaudited)

NOTE 7 – FIRST NATION AGREEMENT

On July 20, 2012, Dino entered into an exploration right acquisition agreement (the “Exploration Agreement”) with a First Nation group in Alberta, Canada (the “First Nation”) for the exploration, development and production of hydrocarbon resources on and under the First Nation’s reserve lands. The Exploration Agreement includes a number of conditions precedents including a deposit of $50,000 (CAD) required for the negotiation, preparation and execution of the Agreement and any additional agreements. This amount is included in long term deposits at ~~January~~April 3130, 2013.

As part of the Exploration Agreement, Dino was required to provide an initial deposit of $10,000,000(CAD) to be held in escrow until the earlier of issuance of the lease under the Exploration Agreement or the termination of the Agreement. This amount was revised to $2,000,000(CAD) in an amendment to the Exploration Agreement dated October 24, 2012. At ~~January~~April 3130, 2013, the Company has made a deposit of $150,000 (CAD) and equipment toward this amount. These are included in long term deposits at ~~January~~April 3130, 2013.

As part of the Exploration Agreement, the Company is also required to contribute up to $25,000,000 (CAD) to the construction of infrastructure, housing and the community multiplex within five years of issuance of the lease under the Exploration Agreement. No expenditures for construction have been made to date.

NOTE 8 – SUBSEQUENT EVENTS

On February 14, 2013, the Board of Directors and shareholders of the Company determined it was in the best interest of the Company to change the name to clearly reflect the operations of the business. The name “Dino Energy Corporation” was approved by the Board of Directors and Shareholders.

~~GYSAN~~Dino ~~HOLDINGS~~Energy ~~INC.~~Corporation

(formerly known as GYSAN HOLDINGS INC.)

MANAGEMENT’S DISCUSSION AND ANALYSIS

FOR THE THREE-MONTH PERIOD ENDED ~~JANUARY~~APRIL 3130, 2013

OnThe ~~February~~following ~~14,~~discussion ~~2013,~~should be read in conjunction with the ~~Board~~unaudited financial statements of ~~Directors~~the Company and ~~shareholders~~the ~~approved~~consolidated ~~the~~financial ~~authorization~~statements of ~~800~~Gysan Enterprises Ltd. and Dino Energy Investments,~~000~~ Ltd.,~~000~~ ~~additional~~its ~~common~~wholly-owned ~~shares~~subsidiaries and ~~200,000,000~~the ~~additional~~related ~~preferred~~notes ~~shares~~that ~~with~~appear aelsewhere ~~par~~in ~~value~~this quarterly reports. The financial statements of $0the Company are stated in U.~~0001~~S. dollars and are prepared in accordance with United States generally accepted accounting principles.

FORWARD LOOKING STATEMENTS

The following discussion contains forward-looking statements that reflect the ~~company~~Company’s plans, estimates and beliefs. The actual results could differ materially from those discussed in the forward -looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed below and elsewhere in this ~~quarterly~~Quarterly ~~report~~Report on Form 10-Q.

OVERVIEW

The Company was incorporated under the name Gysan Holdings Inc. (“Gysan” or the “Corporation”) ~~was incorporated~~ in the ~~state~~State of Nevada, United States on March 11, 2011. On June 10, 2011, Gysan acquired Gysan Enterprises Ltd. of Calgary, Alberta, Canada as its wholly owned subsidiary. Gysan Enterprises Ltd. (“Gysan Alberta”) was incorporated on November 4, 2009 with its head office located in Calgary, Alberta, Canada. Gysan Alberta provides supporting services to an auction company to establish a new flooring division and focuses on selling and marketing various types of floor coverings, namely, hardwood, engineered, and laminates to the local market. Corporation clients include homeowners, business owners, and custom builders from Calgary and the surrounding areas.

On January 23, 2013, Gysan Holdings, Inc. acquired all the outstanding shares of Dino Energy Investments, Ltd. (“~~Dino~~DEI”), a British Virgin Island Company incorporated on April 12, 2012, from ~~Dino~~DEI’s current shareholders in exchange for 65,000,000 common shares and 45,000,000 preferred shares of Gysan. As a result of the transaction, ~~Dino~~DEI has become a wholly-owned subsidiary of Gysan (Note 3). ~~Dino~~DEI is a newly-formed oil and gas company and it has recently entered into an agreement with First Nation Group in Alberta, Canada (“First Nation”) for the exploration, development and production of hydrocarbon resources on and under the First Nation’s reserve lands (the “Exploration Agreement”). The rights granted to ~~Dino~~DEI under the Exploration Agreement are subject to regulatory and governmental approval as well as a number of other conditions precedents (Please see Note 7 to the financial statements). It is expected that ~~Dino~~DEI, as a subsidiary of ~~Gysan~~the Company, will conduct all oil exploration and production activities through a wholly-owned subsidiary incorporated under the laws of Alberta, Canada.

On March 13, 2013, the shareholders of the Company approved Articles of Amendment that changed the Company’s name to Dino Energy Corporation (“Dino”). Subsequently, the Articles of Amendment have been filed with the Secretary of State of Nevada and the name of the Company has been changed to Dino Energy Corporation.

RESULT OF OPERATIONS

Assets

Total assets increased from $14,113 at October 31, 2012 to $~~239~~170,~~295~~145 at ~~January~~April 3130, 2013. Total assets consist of current assets and non-current assets. At ~~January~~April 3130, 2013, total current assets, ~~comprised~~comprising of all cash, cash equivalents, and sales tax receivable were $114,~~556~~319 compared to $14,113 at October 31, 2012. The decrease was primarily due to the decrease in prepaid expenses ~~and increase in sales tax receivable incurred in the three months ended January 31, 2013~~. At ~~January~~April 3130, 2013, total non-current assets, ~~comprised~~comprising of long term deposits and a motor vehicle, were $~~227~~165,~~739~~826, compared to $0 at October 31, 2012.

Liabilities

Total liabilities increased from $68,827 at October 31, 2012 to $~~355~~365,~~213~~190 at ~~January~~April 3130, 2013. Total liabilities consist of current liabilities. The increase in current liabilities is primarily a result of a shareholder ~~advances~~fund advanced to the ~~Company~~company for use as working capital.

Three Months Ended ~~January~~April 3130, 2013

Revenue

The company had no sales revenue for the three months ended ~~January~~April 3130, 2013.

Operating Expenses

Operating expenses for the three months ended ~~January~~April 3130, 2013 were $5079,~~980~~401, ~~comprising~~comprised of $2960,~~967~~561 in professional fees, $193,~~286~~418 in consulting fees, $114,~~439~~879 in general and administration expenses, and $~~288~~543 in ~~rent~~depreciation ~~and office~~ expenses.

Earnings after Taxes

The Company incurred a net loss of $5079,~~980~~561 for the three months ended ~~January~~April 3130, 2013.

Cash Flow from Operations

The Company ~~had~~generated a ~~negative~~ cash flow of $8149,~~062~~361 from its operations for the three months ended ~~January~~April 3130, 2013. During the quarter, the Company has not completed any financing.

LIQUIDITY AND CAPITAL RESOURCES

As of ~~January~~April 3130, 2013, the Company had a negative working capital of $~~343~~360,~~657~~871.

FINANCIAL CONDITION

The Company currently anticipates that its available cash resources will not be sufficient to meet its anticipated working capital for at least the next 12 months. Additional capital may be needed to fund our operations and expansion.

If additional funds are raised through further issuances of equity or convertible debt securities, the percentage ownership of current stockholders will be reduced and holders of those new securities may have rights, preferences and privileges senior to those of current shareholders.

InThe ~~addition, the~~ Company ~~may~~currently ~~not~~anticipates bethat ~~able~~its toavailable ~~obtain~~cash ~~additional~~resources ~~financing~~will onnot ~~favourable~~be ~~terms,~~sufficient ifto atmeet ~~all.~~its Ifanticipated ~~adequate~~working ~~funds~~capital ~~are~~for ~~not~~at ~~available~~least orthe ~~are~~next ~~not~~12 ~~available~~months. onThe ~~terms favourable to the~~ Company, ~~the~~may ~~business,~~need ~~results~~to ofraise ~~operations~~additional ~~and~~capital ~~financial~~to ~~condition~~fund ~~could~~our ~~be adversely affected~~operations.

In addition, the Company may not be able to obtain additional financing on favorable terms, if at all. If adequate funds are not available or are not available to the Company on favorable terms, the business, results of operations and financial condition of the Company could be adversely affected.

SUBSEQUENT EVENTS

OnIn ~~March 13~~May, 2013, the Company ~~filed~~submitted aan ~~definitive~~application ~~information~~to ~~statement,~~FINRA ~~Schedule~~to ~~14C,~~have asits atrading ~~part~~symbol ofchanged to ~~its annual meeting~~“DINO”. At ~~The~~this ~~information~~time, ~~statement~~FINRA ~~indicates that the Company~~ has ~~received~~not ~~written~~acted ~~consents~~on inthis ~~lieu of a meeting from stockholders representing a majority of our outstanding shares of voting stock approving the following actions:~~ application.

Approval of an amendment to our Articles of Incorporation to change our name to Dino Energy Corporation

Approval of an amendment of our Articles of Incorporation to increase the number of our authorized common shares and preferred shares.

Approval of the election of Directors, namely Eric D. Lawson, Vanleo Y. W. Fung, Solomon Auyeung and Trent Sittler, with Eric D. Lawson to be the President and CEO and Vanleo Y. W. Fung to be the CFO, Treasurer and Secretary.

To approve the ratification of MNP LLP as our outside auditors.

Item 3.

Quantitative and Qualitative Disclosure About Market Risks.

Not Applicable.

Item 4T.

Controls and Procedures.

(a)

Evaluation of disclosure controls and procedures.

As required by paragraph (b) of Rules 13a-15 or 15d-15 under the Securities Exchange Act of 1934, the Company’s principal executive officer and principal financial officer have evaluated the Company’s disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Exchange Act) as of the end of the period covered by this Quarterly Report on Form 10-Q. Based on this evaluation these officers have concluded that as of the end of the period covered by this Quarterly Report on Form 10-Q, our disclosure controls and procedures were effective and were adequate to insure that the information required to be disclosed by the Company in reports it files or submits under the Exchange Act were recorded, processed, summarized and reported within the time period specified in the Commission’s rules and forms. It is also important to point out that all internal control systems, no matter how well designed, have inherent limitations and may not prevent or detect misstatements. Therefore even those systems determined to be effective can only provide reasonable assurance with respect to financial reporting reliability and financial statements preparation and presentation.

(b)

Changes in internal controls.

There have been no significant changes in our internal controls or other factors that would significantly affect such controls and procedures subsequent to the date we completed our evaluation. Therefore, no corrective actions were taken.

PART II - OTHER INFORMATION

Item 1.

Legal Proceedings.

To the best knowledge of the Company’s officers and directors, the Company is currently not a party to any material pending legal proceeding.

Item 1A.

Risk Factors.

Not applicable as a smaller reporting company.

Item 2.

Unregistered Sales of Equity Securities and Use of Proceeds.

There were no sales of unregistered securities during the three (3) month period ending ~~January~~April 3130, 2013. However, see discussion under the heading of “Overview” above.

Item 3.

Defaults Upon Senior Securities.

None.

Item 5.

Other Information.

None.

Item 6.

Exhibits

(a)

Exhibits

*3.1

Certificate of Incorporation

*3.2

Amended and Restated Certificate of Incorporation

*3.3

By-laws

*4.0

Stock Certificate

31.1

Certification pursuant to Section 302 of Sarbanes Oxley Act of 2002

31.2

Certification pursuant to Section 302 of Sarbanes Oxley Act of 2002

32.1

Certification pursuant to Section 906 of Sarbanes Oxley Act of 2002

32.2

Certification pursuant to Section 906 of Sarbanes Oxley Act of 2002

32.2

Certification pursuant to Section 906 of Sarbanes Oxley Act of 2002

101.INS

XBRL Instance Document

101.SCH

Taxonomy Extension Schema

101.CAL

Taxonomy Extension Calculation Linkbase

101.DEF

Taxonomy Extension Definition Linkbase

101.LAB

Taxonomy Extension Label Linkbase

101.PRE

Taxonomy Extension Presentation Linkbase

* Filed as an exhibit to the Company's registration statement on Form S-1, as filed with the Securities and Exchange Commission on November 28, 2011 and incorporated herein by this reference.

(b) Reports of Form 8-K

None.

SIGNATURES

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

Dated: ~~March~~June 1813, 2013

GYSAN HOLDINGS, INC.

By: /s/ Eric David Lawson

Name: Eric David Lawson

Title: President

Filing Compare · DINO ENERGY Corp