UNITED STATES
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 March 31, 2009

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

Commission file number 000-52709

SINO FIBRE COMMUNICATIONS, INC.
(Exact name of registrant as specified in its charter)
Nevada	760616470
(State or other jurisdiction of incorporation or organization)	(IRS Employer Identification No.)
The Chrysler Building 405 Lexington Ave, 26th Fl New York NY	10174
(Address of principal executive offices)	(Zip Code)
+852-3101-7366
(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 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 [ ] No [X]

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: As of April 13, 2009, the issuer had 39,555,585 shares of common stock outstanding.

SINO FIBRE COMMUNICATIONS, INC.

Quarterly Report on Form 10-Q
For the Quarterly Period Ended March 31, 2009

FORWARD-LOOKING STATEMENTS

This Form 10-Q for the quarterly period ended March 31, 2009 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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TABLE OF CONTENTS

FORM 10-Q

QUARTER ENDED MARCH 31, 2009

PART I

FINANCIAL INFORMATION

Item 1. Consolidated Financial Statements (Unaudited)		Page

	Consolidated Balance Sheets as of March 31, 2009 and December 31, 2008	4

	Consolidated Statements of Operations for the three month periods ended March 31, 2009 and 2008 and for the period from inception through March 31, 3009	5

	Consolidated Statements of Stockholders’ Deficit for the period from inception through March 31, 3009	7

	Consolidated Statements of Cash Flows for the three month periods ended March 31, 2009 and 2008 and for the period from inception through March 31, 3009	9

	Selected notes to consolidated financial statements	10

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations		14

Item 3. Quantitative and Qualitative Disclosures About Market Risk		15

Item 4. Controls and Procedures		16

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Sino Fibre Communication, Inc.

(A Development Stage Company)

Balance Sheets

				March 31, 2009		December 31, 2008

Assets Current:
		Cash	$	68	$	137

Total Current Assets				68		137

Investment				700,000		700,000
Deposit				2,000,000		2,000,000

Total Assets			$	2,700,068	$	2,700,137


Liabilities
Current:
Accounts payable and accrued liabilities			$	545,522	$	574,900
Interest payable				-		5,179
Due to related parties				268,568		253,868
Common stock to be issued for subscriptions funds received				-		-
Common stock to be issued for consulting services rendered				-		-
Convertible notes				-		30,639

Total Current Liabilities				814,090		864,586


Stockholders' Equity (Deficit)

Common Stock, $0.001 par value; 200,000,000 shares authorized;
	39,698,172 and 35,125,660 common shares issued and outstanding
at March 31, 2009 and December 31, 2008				39,699		35,126
Additional paid-in capital				6,253,148		5,806,914
Deficit accumulated during the development stage				(4,406,869)		(4,006,489)
Total Stockholders' Equity (Deficit)				1,885,978		1,835,551

Total Liabilities and Stockholders' Equity (Deficit)			$	2,700,068	$	2,700,137

See accompanying notes to the financial statements

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Sino Fibre Communications, Inc.

(A Development Stage Company)

Consolidated Statements of Operations

(Unaudited)

			For The Three Months Ended March 31, 2009		For The Three Months Ended March 31, 2008		For The Period From August 19, 1999 (Inception ) Through March 31, 2009

Revenue		$	-	$	-	$	60

Operating expenses
General and administrative			21,419		18,583		143,249
Management fees			36,000		9,000		364,700
Professional fees			27,600		107,447		572,047
Consulting			246,000		41,000		2,934,908
Total operating expenses			331,019		176,030		4,014,904

Loss from operations			(331,019)		(176,030)		(4,014,904)

Interest and other income (expense), net			(69,361)		(314,728)		(386,450)
Gain on settlement of debt			-		-		4,500
Loss on asset impairment			-		-		(5,500)

Loss before discontinued operations			(400,380)		(490,758)		(4,402,294)

Loss from discontinued operations			-		-		(4,575)

Net loss		$	(400,380)	$	(490,758)	$	(4,406,869)

Weighted average number
	of shares outstanding – basic and diluted		37,784,581		18,648,244
Net loss per share -
	basic and diluted	$	(0.01)	$	(0.03)

See accompanying notes to the unaudited consolidated financial statements.

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Sino Fibre Communications, Inc.

(A Development Stage Company)

Consolidated Statements of Stockholders’ Deficit

For the Period From August 19, 1999 (Inception) Through March 31, 2009

(Unaudited)

Deficit

Accumulated

Common Stock

To Be Issued

Additional

Paid-in

Stock Subscriptions

Deferred

During the

Development

Amount

Capital

Receivable

Compensation

Stage

Total

Balance – August 19, 1999 (Inception)

–

Stock issued in August 1999 for organizational expenses at $0.001 per share

2,500,000

2,500

–

2,500

Organizational expenses incurred by a director on behalf of the Company

–

Stock issued in August 1999 for “The Biocatalyst License” at a fair value of $0.001 per share

2,000,000

2,000

–

2,000

Net loss

–

(4,575)

Balance – December 31, 1999

4,500,000

4,500

–

(4,575)

–

Net loss

–

Balance – December 31, 2000

4,500,000

4,500

–

(4,575)

–

Net loss

–

(4,610)

Balance – December 31, 2001

4,500,000

4,500

–

(9,185)

(4,610)

Stock issued in January 2002 for expenses at $0.001 per Share

4,610,000

4,610

–

4,610

Stock issued in July 2002 for debt settlement at $0.001 per Share

500,000

500

–

500

Donated rent

–

500

–

500

Net loss

–

(525)

Balance – December 31, 2002	9,610,000	9,610	–	–	575	–	–	(9,710)	475

Stock issued in January and June 2003 for expenses at $0.001 per share	3,859,000	3,859	–	–	–	–	–	–	3,859

Donated rent	–	–	–	–	500	–	–	–	500

Net loss	–	–	–	–	–	–	–	(5,644)	(5,644)

Balance – December 31, 2003	13,469,000	13,469	–	–	1,075	–	–	(15,354)	(810)

Stock issued in January, July, and August 2004 for expenses at $0.01 per share	416,000	416	–	–	3,744	–	–	–	4,160

Stock issued in September 2004 for expenses at $0.10 per Share	5,000	5	–	–	495	–	–	–	500

Stock issued in July 2004 for cash at $0.01 per share	1,000,000	1,000	–	–	9,000	–	–	-	10,000

Stock issued in September and December 2004 for cash at $0.10 per share	200,100	200	–	–	19,810	–	–	–	20,010

Donated rent	–	–	–	–	500	–	–	–	500

Deferred compensation	–	–	–	–	–	–	(167)	–	(167)

Net loss	–	–	–	–	–	–	–	(38,768)	(38,768)

Balance – December 31, 2004	15,090,100	15,090	–	–	34,624	–	(167)	(54,122)	(4,575)

See accompanying notes to the unaudited consolidated financial statements.

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2296726.2

Sino Fibre Communications, Inc.

(A Development Stage Company)

Consolidated Statements of Stockholders’ Deficiency

For the Period From August 19, 1999 (Inception) Through March 31,2009

(Unaudited)

														Deficit Accumulated
	Common Stock			Common Stock To Be Issued				Additional Paid-in		Stock Subscriptions		Deferred		During the Development
	Shares	Amount		Shares		Amount		Capital		Receivable		Compensation		Stage		Total
Stock issued in January and March 2005 for cash at $0.10 per share	11,300	$	11		–	$	–	$	1,119	$	–	$	–	$	–	$	1,130

Stock subscriptions received in cash in November 2004	–		–		40,000		40		9,960		–		–		–		10,000

Stock subscribed in December 2005	–		–		1,040,000		1,040		258,960		(260,000)		–		–		–

Donated rent	–		–		–		–		500		–		–		–		500

Deferred compensation	–		–		–		–		–		–		167		–		167

Net loss	–		–		–		–		–		–		–		(43,889)		(43,889)

Balance – December 31, 2005	15,101,400	$	15,101		1,080,000	$	1,080	$	305,163	$	(260,000)	$	–	$	(98,011)	$	(36,667)

Stock issued in March 2006 for cash at $0.25 per share (net)	1,380,000		1,380		(1,080,000)		(1,080)		74,680		260,000		–		–		334,980

Donated accounting fee	-		–		–		–		1,000		–		–		–		1,000

Net loss	–		–		–		–		–		–		–		(673,255)		(673,255)

Balance – December 31, 2006	16,481,400	$	16,481		–	$	–	$	380,843	$	–	$	–	$	(771,266)	$	(373,942)

Stock based compensation	-		-		-		-		526,055		-		-		-		526,055

Discount on benefit conversion factor	-		-		-		-		375,104		-		-		-		375,104

Net loss	-		-		-		-		-		-		-		(928,610)		(928,610)

Balance – December 31, 2007	16,481,400	$	16,481		–	$	–	$	1,282,002	$	–	$	–	$	(1,699,876)	$	(401,393)

Shares issued for cash	2,499,431		2,500						778,122								807,622

Common shares for convertible notes	10,123,690		10,124		-		-		496,061		-		-		-		506,185

Stock based compensation Shares issued for deposit on fiber optic network	4,108,500 5,000,000		4,108 5,000						1,362,341 1,795,000								1,366,450 1,800,000

Shares cancelled	(3,087,361)		(3,087)						3,087								-

Options granted June 2006									90,301								90,301

Net loss															(2,306,613)		(2,306,613)

Balance- December 31, 2008	35,125,660		35,126						5,806,914						(4,006,489)		1,835,551

Stock issued for convertible notes	2,050,000		2,050						103,128								105,178

Stock based compensation	2,522,512		2,523						343,106								345,629

Net loss	-		-		-		-		-		-		-		(400,380)		(400,380)

Balance – March 31, 2009	39,698,172		39,699		-	$	-	$	6,253,148	$	-	$	-	$	(4,406,869)	$	1,885,978

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2296726.2

See accompanying notes to the unaudited consolidated financial statements.

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2296726.2

Sino Fibre Communication, Inc.

(A Development Stage Company)

Statements of Cash Flows

			For the Three Months Ended March 31, 2009		For the Three Months Ended March 31, 2008		For the Period From August 19, 1999 (Inception) Through March 31, 2009
Cash Flows Used in Operating Activities
Net loss		$	(400,380)	$	(490,758)	$	(4.406,869)
Adjustments to reconcile net loss to net cash used in operating activities
	Discontinued operations		-		-		4,575
	Common stock to be issued for consulting services		-		-		87,500
	Gain on settlement of debt		-		-		(4,500)
	Bad debts		-		-		60
	Loss on asset impairment		-		-		5,500
	Donated rent and accounting fee		-		-		3,000
	Expense settled with issuance of common stock		-		-		11,319
	Stock based compensation		345,628		-		2,240,933
	Common stock issued for interest on convertible debt		5,179		6,185		11,364
	Amortization of debt discount		69,361		309,526		392,063
Changes in operating assets and liabilities:
	Due to related parties		14,700		(1,464)		238,086
	Accounts receivable		-		-		(60)
	Interest payable		(5,179)		(272)		-
	Prepaid expenses and deposits		-		-		-
	Accrued liabilities		(29,378)		37,647		545,522
Net cash used in operating activities			(69)		(139,136)		(871,507)

Cash Flows Used in Investing Activities
Restricted Cash			-		-		10,000
Purchase of certificate of deposit			-		(20,000)
Investment in Joint Venture			-		-		(700,000)
Prepayment of license agreement			-		-		(200,000)
Net cash provided by (used in) investing activities			-		(20,000)		(890,000)

Cash Flows From Financing Activities
	Repayment of short term borrowings		-		-		(16,959)
	Proceeds from convertible notes		-		-		600,000
	Borrowing from related party		-		-		31,792
	Proceeds from stock subscriptions		-		-		50,000
	Common stock issued for cash, net		-		-		1,096,742
Net cash provided by financing activities			-		-		1,761,575

Net increase/(decrease) in cash			(69)		(159,136)		68
Cash, beginning of year			137		378,732		-
Cash, end of year		$	68	$	219,596	$	68

Non-cash Investing and Financing Activities:
2,000,000 shares were issued at a fair value of $0.001 per share for the acquisition of a License			-		-		2,000
Debt issued for website domain name			-		-		5,000
500,000 shares were issued at a fair value of $0.001 per share in settlement of debt			-		-		500
136,000 shares were issued to settle prior period expenses			-		-		1,810
Restricted cash received for stock subscriptions and held in escrow Shares			-		-		10,000

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2296726.2

Conversion of debt to common stock                                                                                                                500,000                                                                                                                                               500, 000

Stock issued for deposit on purchase of fiber optic network                                                   2,000,000                                                                                                                                  2,000,000

Shares retired previously issued as contributed capital                                                                  3,087                                                                                                                                          3,087

Change from stock payable to equity                                                                                          137.500                                                                                                                                      137,500

See accompanying notes to the unaudited consolidated financial statements.

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2296726.2


Sino Fibre Communications, Inc.
(A Development Stage Company)
Notes to the Consolidated Financial Statements
March 31, 2009
(Unaudited)


1.	Basis of Presentation

	The accompanying unaudited interim financial statements of Sino Fibre Communications, Inc., have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto contained in Sino’s Annual Report filed with the SEC on Form 10-KSB. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for fiscal 2008 as reported in the form 10-KSB have been omitted. Principles of Consolidation The consolidated financial statements include the accounts of Sino Fibre and its 85% owned subsidiary, China Business Online, after elimination of all significant inter-company accounts and transactions. Minority interests reflecting the 15% equity interest of outside owners has not been reflected as the only transaction has been an equity investment of $700,000 by Sino Fibre and operations have not commenced.

2.	Going Concern Sino Fibre is a development stage company. In a development stage company, management devotes most of its activities to developing a market for its products and services. Planned principal activities have begun but Sino Fibre has not generated significant revenues to date. Sino Fibre had a net loss of $400,380 and had a working capital deficit of $814,022, and a stockholders’ equity of $1,885,978 at March 31, 2009. These matters raise substantial doubt about Sino Fibre’s ability to continue as a going concern. Continuation of Sino Fibre's existence is dependent upon its ability to obtain additional capital. Management’s plans in regards to this matter include receiving continued financial support from directors and officers and raising additional equity financing in 2009. These financial statements do not include any adjustments that might result from the outcome of this uncertainty.

3. Deposit on Fiber Optic Network

The deposit on a fiber optic network in the amounts of $2,000,000 represents a security deposit made by Sino to Sino-Con Management Company Limited for the exclusive right to sales and leasing of the Sino Con 32,000 km China nationwide fiber optic backbone.

Related Party Transactions

a) As of March 31, 2009, Sino Fibre owes $268,568 to related parties.

b) For the three months ended March 31, 2009, Sino Fibre paid $36,000 salary to the Company’s CEO. As of March 31, 2009, Sino Fibre owed its CEO $268,568` in expense reimbursements and unpaid salary.

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2296726.2

5.	Shareholders’ Equity
	Sino issues shares of common stock for services received by certain vendors and consultants. The following table summarizes common stock issuances and retirements as of March 31, 2009:
					Common Stock
		Number of Shares			Amount
	Balance as of December 31, ,2007	16,481,400		$	16,481
	Shares issued for cash:
	Private placement at $0.35 per share	142,587			143
	Private placement at $0.31 per share	2,356,844			2,357
	Total shares issued for cash	2,499,431			2,500

	Shares issued for Convertible Notes at $0.05, March 2008	10,000,000			10,000
	Shares issued for interest on Convertible notes, March 2008	123,690			124
	Shares issued for deposit on fiber optic network	5,000,000			5,000
	Shares cancelled	(3,087,361	)		(3,087	)
	Shares issued for stock based compensation, May 2008	2,976,000			2,976
	Shares issued for stock based compensation, October 2008	600,000			600
	Shares issued for consulting fees:
	Shares issued at $0.135, July 2008	300,000			300
	Shares issued at $0.40, August 2008	25,000			25
	Shares issued at $0.40, September 2008	80,000			80
	Shares issued at $0.078, October 2008	127,500			127
	Total shares issued for consulting fees	982,500			982
	Balance as of December 31, 2008	35,125,660			35,126
	Shares issued for Convertible Notes at $0.05, January 2009	2,000,000			2,000
	Shares issued for interest on Convertible notes, January 2009	50,000			50
	Shares issued for stock based compensation, March 2009	2,522,512			2,523
	Balance as of March 31, 2009	39,698,172		$	39,699
	In March 2009, Sino issued 422,512 shares at $0.25 per share in settlement of amounts owed to two former officers and a consultant and another 2,000,000 shares fore services valued at $229,000. In May 2008, Sino cancelled 3,087,361 shares per board minutes. The Shares were retired back into the Company treasury. On March 28, 2006, Sino sold 1,380,000 common shares at $0.25 per share for $334,980. During 2005 and 2004, Sino sold 11,300 and 100,100 common shares, respectively, at $0.10 per share for cash of $1,130 and $10,100. In December 2005, 1,040,000 shares were sold for $260,000. The cash was collected March 2006. In September 2004, Sino established a stock option plan for issuance of up to 2,000,000 common shares. During September 2004, Sino issued 5,000 common shares for services valued at $0.10 per share to a consultant related to website development and maintenance. During 2004, Sino sold 1,100,000 common shares for $20,000 with a private company whose president became a former director. During August 2004, Sino issued 100,000 common shares at $0.01 per share for consulting services. During June 2003, Sino issued 2,000,000 common shares at $0.001 per share to a consultant in settlement of consulting fees of $2,000. During 2004, 2003, 2002 and prior years, management fees and related expenses of $4,660, $3,859 and $4,610, respectively, were charged to operations pursuant to an executive services agreement with the former president. Sino issued 416,000 at $0.01 and 5,000 at $0.10 per share for 2004, and 3,859,000 and 4,610,000 at $0.001 per share during 2003, and 2002, respectively, for these charges. During July 2002, 500,000 shares were issued at $0.001 per share to settle debt. On August 21, 1999, Sino purchased a license to market and distribute an oxygen enriched water product called Biocatalyst in British Columbia, Canada for 2,000,000 common shares with a fair value of $2,000. During August 1999, Sino issued 1,250,000 common shares at inception and valued at $0.001 per share to each of two individuals in payment of organizational expenses.

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2296726.2

SUMMARY OF STOCK OPTIONS

In October 2008, Sino established the 2008 Stock Incentive Plan (“2008 Plan”), which authorized the issuance of 4,000,000 shares of common stock to certain employees and consultants of the Company. The 2008 Plan includes awards of shares of common stock and options for shares of the Company’s common stock. Most of the stock options vest and become exercisable immediately and have a contractual life of two years. As of December 31, 2008, 2,250,000 options or shares were available for issuance under the 2008 Plan. Certain options under the Option Plans are intended to qualify as incentive stock options pursuant to Section 422A of the Internal Revenue Code. Sino issues new shares of common stock to satisfy the issuance of shares under this stock-based compensation plan.

Stock Options

The following table summarizes the stock option activity under the 2008 Plan:

					Weighted
	Outstanding and			Weighted	Average
	Exercisable			Average	Remaining
	Options			Exercise Price	Contractual Life
Balance, December 31, 2006	700,000		$	0.27	-
Options granted	1,350,000			0.25	1 year
Options expired	(200,000	)		0.25	-

Balance, December 31, 2007	1,850,000			0.26	1 year
Options cancelled and expired	(700,000	)		0.27	-

Balance, December 31, 2008	1,150,000			0.25	1 year
Options expired	(250,000)

Balance, March 31, 2009	900,000		$	0.25	1 year

SUMMARY OF STOCK WARRANTS

A summary of the change in common stock purchase warrants is as follows:

			Weighted	Weighted Average
	Outstanding		Average	Remaining
	Warrants		Exercise Price	Contractual Life
Balance, December 31, 2006	0	$	-	-
Warrants issued	12,571,428		0.22	1 year
Warrants exercised	0		-
Warrants expired	0		-

Balance, December 31, 2007	12,571,428		0.22	1 year
Warrants issued	2,356,844		0.31
Warrants exercised	-		-
Warrants expired	-		-

Balance, December 31, 2008	14,928,272		0.24	1 year
Warrants issued	1,000,000		0.50	5 years
Warrants exercised	-
Warrants expired	-

Balance, March 31, 2009	15,928,272	$	0.26	3 years

Commitments

In June 2008, Sino signed a month to month lease agreement for its shared service office in New York at a monthly rental of $325.

In May 2008, Sino entered into an agreement with consultant for services performed at a monthly compensation of $5,000 for 24 months.

In May 2008, Sino entered into an agreement with Shenzhen Unionpay EPS Financial Service Co. Ltd. to develop online ecommerce in China.

On April 29, 2008, Sino Fibre entered into an agreement to receive capital raising and financial advisory services free of charge.

In April 2008, Sino signed a lease agreement for its shared service office space in Hong Kong at a monthly rental of $231.

In March 2008, Sino committed to set up two separate business units to pursuit business development projects with Sino-Con/SCRC and joint venture with CAMSE.

Subsequent Events

There were no material subsequent events.

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2296726.2

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

We are a development stage company and have not yet generated or realized any revenues from our current business operations. We currently do not intend to buy or sell any plant or significant equipment during the next twelve months. We currently do not intend to conduct any product research or development other than as set out below. Further, we do not expect significant changes in the number of employees.

One of our specific goals is to promote Sino-Con Telecomm Group., Ltd., to promote and sell Sino-Con’s fiber optic backbone services to foreign telecommunications carriers and corporate users and to assemble a client database. We intend to do this by completing an exclusive services agreement with Sino Con Telecomm Group as soon as is practicable and to determine the demand for such services by international companies and telecom carriers and to market these services directly to such companies and carriers. Once clients have been secured, we intend to hire at least five full time employees.

Our other specific goal is to devote resources and continue our joint venture with China Association of Small and Medium Enterprises (“CASME”). The joint venture company, China Business Online Company Limited, will explore the Chinese market and introduce e-business and provide barter trade services to Chinese small and medium sized enterprises. CASME is administered by the Chinese National Development and Reform Commission. Sino Fibre intends to invest $6 million dollars to own 85% and will manage the joint venture company business, and CASME intends to bring in Chinese central government sanction, assistance and support, as well as its 4.5 million medium and small private business members to begin the business-to-business and Barter Exchange will own the remaining 15% of the joint venture.

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 have not generated any revenues from operations. 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 and possible cost overruns due to price and cost increases in services.

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To become profitable and competitive, we will have to attract customers who will enter into agreements with Sino-Con Telecomm Group., Ltd. to use Sino-Con’s fiber optic backbone service or we will have to generate revenues from China Business Online Company Limited, our joint venture company with CASME.

We will require additional financing to cover our costs that we expect to incur over the next twelve months. We believe that debt financing will not be an alternative for funding our operations as we do not have tangible assets to secure any debt financing. We anticipate that additional funding will be in the form of equity financing from the sale of our common stock. However, we cannot provide any assurance that we will be able to raise sufficient funding from the sale of our common stock to fund our plan of operations. In the absence of such financing, we will not be able to continue and our business plan will fail.

Results of Operations

Revenues

We have not generated any revenues from our operations during the three-month period ended March 31, 2009 or during last two years.

Expenses

We incurred general and administrative expenses of $21,419 for the three-month period ended March 31, 2009, as compared to $18,583 for the same period in 2008, an increase of $2,836 or 15%.

Our management fees increased to $36,000 for the three-months ended March 31, 2009 from $9,000 for the same period last year due to a change of management.

Our professional fees decreased to $27,600 for the three months ended March 31, 2009 from $107,447 for the same period in 2007, a decrease of 74%, mainly due to the set up costs of the joint venture in China last year.

Our consulting expenses increased to $246,000 for the three-months ended March 31, 2009 from $41,000 for the three-months ended March 31, 2008, an increase of 500% due to securing of new consulting agreements.

Liquidity and Capital Resources

As at March 31, 2009, we had cash of $68.

Cash Used in Operating Activities

Net cash used in operating activities was $69 for the three-month period ended March 31, 2009. For the same period in 2008, there was net cash used of $139,136. For the period from August 19, 1999 (inception) to March 31, 2009, net cash used in operating activities was $871,507. These balances are mainly made up of our net losses as disclosed above.

Cash Used in Investing Activities

Net cash used in investing activities was zero for the three-month period ended March 31, 2009 and $139,136 for the three months ended March 31, 2008. Net cash used in investing activities was $890,000 for the period from August 19, 1999 (inception) to March 31, 2009.

Cash from Financing Activities

We have funded our business to date primarily from sales of our common stock but did not sell any common stock during the three months ended March 31, 2009. There are no assurances that we will be able to achieve further sales of our common stock or any other form of additional financing. If we are unable to achieve the financing necessary to continue our plan of operations, then we will not be able to continue our operations and our business will fail.

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Going Concern

We are a development stage company. In a development stage company, management devotes most of its activities to developing a market for its products and services. Planned principal activities have begun, but we have not generated revenues to date. For these reasons, our auditors stated in their report for the period from August 19, 1999 (inception) through December 31, 2008 that they have doubt we will be able to continue as a going concern.

Future Financing

We anticipate continuing to rely on equity sales of our common stock in order to continue to fund our business operations. Issuances of additional shares will result in dilution to our existing shareholders. There is no assurance that we will achieve any additional sales of our equity securities or arrange for debt or other financing to fund our planned operations.

Off-Balance Sheet Arrangements

We have no 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 stockholders.

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

Not applicable.

Item 4. Controls and Procedures.

Disclosure Controls and Procedures

We maintain disclosure controls and procedures (as defined in Rule 13a-15(e) under the Securities Exchange Act of 1934, as amended) that are designed to ensure that information required to be disclosed by us in reports we file or submit under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms and that such information is accumulated and communicated to management, including the our Chief Executive Officer (as our chief executive officer and chief financial officer), to allow timely decisions regarding required disclosures. In designing and evaluating the disclosure controls and procedures, management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives, and management necessarily is required to apply its judgment in evaluating the cost-benefit relationship of possible controls and procedures. As of the end of the period covered by this report, and under the supervision and with the participation of management, including our Chief Executive Officer, who 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) of the Exchange Act, such persons conducted an evaluation of the effectiveness of the design and operation of these disclosure controls and procedures. Based on this evaluation and subject to the foregoing, our Chief Executive Officer concluded that these controls are not effective because there are material weaknesses in our internal controls over financial reporting. A material weakness is a deficiency, or a combination of control deficiencies, in internal control over reporting such that there is a reasonable possibility that that a material misstatement our annual or interim financial statements will not be prevented or detected on a timely basis.

Changes in Internal Control Over Financial Reporting

During the period covered by this report, there have not been any changes in the our internal controls that have materially affected or are reasonably likely to materially affect, the our internal control over financial reporting. However, please note the discussion above.

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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 for valuable consideration during the three months ended March 31, 2009.

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 months ended March 31, 2009.

Item 5. Other Information.

None.

Item 6. Exhibits.

The following exhibits are attached hereto:

Exhibit No.	Description of Exhibit
31.1	Certification of principal executive officer pursuant to Rule 13a-15(e) and 15d-15(e), promulgated under the Securities and Exchange Act of 1934, as amended, filed herewith
31.2	Certification of principal accounting officer pursuant to Rule 13a-15(e) and 15d-15(e), promulgated under the Securities and Exchange Act of 1934, as amended, filed herewith
32.1	Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, filed herewith

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SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

SINO FIBRE COMMUNICATIONS, INC.

By:

/s/ Daniel Mckinney

______________________________________
Daniel Mckinney
Chief Executive Officer
(Principal Executive Officer and
Principal Financial Officer)

July 14, 2011

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Sino Fibre Communications, Inc. 10-Q