UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 10-Q

QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES

EXCHANGE ACT OF 1934

For the Quarter ended December 31, 2009

Commission File Number: 333-153888

ASIA DOCUMENT TRANSITION, INC.

(Exact name of registrant as specified in its charter)

Nevada		20-4889194

(State of organization)		(I.R.S. Employer Identification No.)

15D, Eton Building

288 Des Voeux Road

Central, Hong Kong

(Address of principal executive offices)

011/852-2545-9133

Registrant’s telephone number, including area code

Former address if changed since last report

Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months and (2) has been subject to such filing requirements for the past 90 days. Yes x No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files); Yes o No o.

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

Large Accelerated
Filer o

Accelerated Filer o

Non-Accelerated Filer
o (Do not check if a
smaller reporting
company)

Smaller Reporting Company
þ

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes o No x

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

Common Stock $.001 par value

There were 25,000,000 shares of common stock outstanding as of February 1, 2010.

TABLE OF CONTENTS

PART I - FINANCIAL INFORMATION

ITEM 1.	INTERIM FINANCIAL STATEMENTS	1
ITEM 2.	MANAGEMENT'S DISCUSSION OF OPERATIONS AND FINANCIAL CONDITION	11
ITEM 3.	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK	16
ITEM 4.	CONTROLS AND PROCEDURES	16

PART II - OTHER INFORMATION

ITEM 1.	LEGAL PROCEEDINGS	16
ITEM 1A	RISK FACTORS	16
ITEM 2.	UNREGISTERED SALES OF EQUITY SECURITIES	16
ITEM 3.	DEFAULTS UPON SENIOR SECURITIES	16
ITEM 4.	SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS	16
ITEM 5.	OTHER INFORMATION	17
ITEM 6.	EXHIBITS	17

SIGNATURES		17

PART I FINANCIAL INFORMATION

Item 1—Financial Statements

ASIA DOCUMENT TRANSITION, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(A Development Stage Company)

	As of December 31, 2009			As of June 30, 2009
	(Unaudited)
ASSETS

CURRENT ASSETS
Cash and cash equivalents	$	2,580		$	1,673
Prepaid expenses		-			1,975

Total Current Assets		2,580			3,648

PROPERTY AND EQUIPMENT, net		3,289			3,954

OTHER ASSETS
Deposits		6,092			6,092

TOTAL ASSETS		11,961			13,694

LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES
Accounts payable and accrued expenses	$	-		$	-
Other payable		256			256
Related party notes payables		136,067			115,924

Total Current Liabilities		136,323			116,181

NON-CURRENT LIABILITIES		-			-

TOTAL LIABILITIES		136,323			116,181

STOCKHOLDERS' EQUITY (DEFICIT)

Common stock, $0.001 par value, 100,000,000 shares authorized, 25,000,000 shares issued and outstanding		25,000			25,000
Deficit accumulated during the development stage		(149,362	)		(127,487	)

Total Stockholders' Equity (Deficit)		(124,362	)		(102,487	)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUIT (DEFICIT)	$	11,961		$	13,694

The accompanying notes are an integral part of the financial statements.

ASIA DOCUMENT TRANSITION, INC.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(A Development Stage Company)

													From Inception April 13, 3006 to
	Three months ended December 31,						Six months ended December 31,						December 31, 2009
	2009			2008			2009			2008			(Cumulative)

SALES	$	2,372		$	2,372		$	4,744		$	4,103		$	54,273

COST OF SALES		—			—			—			—			500
Gross Profit:	$	2,372		$	2,372		$	4,744		$	4,103		$	53,773

EXPENSES
Depreciation expenses	$	332		$	436		$	665		$	724		$	10,330
Selling, general and administrative expenses		18,466			9,599			25,954			16,257			160,165
Total Expenses		18,798			10,035			26,619			16,981			170,495

LOSS FROM OPERATIONS		(16,427	)		(7,663	)		(21,875	)		(12,878	)		(116,723	)

OTHER INCOME (EXPENSES)
Interest expense		—			—			—			—			1
Loss on disposal of property and equipment		—			—			—			—			(7,640	)
Write-off of goodwill		—			—			—			—			(25,000	)
Provision for income taxes		—			—			—			—			—

Net Loss	$	(16,427	)	$	(7,663	)	$	(21,875	)	$	(12,878	)		(149,362	)

PER SHARE DATA:

Basic loss per common share	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)

Weighted Average Common Shares Outstanding		25,000,000			25,000,000			25,000,000			25,000,000

The accompanying notes are an integral part of the financial statements.

ASIA DOCUMENT TRANSITION, INC.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASHFLOWS

(A Development Stage Company)

	For the six-month period ended						April 13, 2006 (inception) to
	December 31, 2009			December 31, 2008			December 31, 2009

CASH FLOW FROM OPERATING ACTIVITIES
Net Loss	$	(21,875	)	$	(12,878	)	$	(149,362	)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities
Decrease (increase) in account receivables		-			1,602			-
Loss on disposal of property and equipment		-			-			7,640
Depreciation Expense		665			724			10,332
		-			-			25,000
Increase in Pre-payment and deposit		1,975			-			(12,541	)
Increase in other payables		-			(256	)		256
Net Cash provided by (used in) Operating Activities	$	(19,235	)	$	(10,808	)	$	(118,675	)

CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of property and equipment		-			-			(48,144	)
Disposal of property and equipment		-			-			33,333

Net Cash provided by (used in) Investing activities	$	-		$	-		$	(14,811	)

CASH FLOWS FROM FINANCING ACTIVITIES
Loans from (repayment to) related parties		20,142			11,563			136,066
Net Cash provided by (used in) Financing Activities	$	20,142		$	11,563		$	136,066

NET INCREASE (DECREASE) IN CASH		907			755			2,580

Cash beginning of period		1,673			1,519			-
Cash end of period	$	2,580		$	2,274		$	2,580

The accompanying notes are an integral part of the financial statements.

ASIA DOCUMENT TRANSITION, INC.

(A DEVELOPMENT STAGE COMPANY)

NOTES TO FINANCIAL STATEMENTS

NOTE 1. ORGANIZATION AND DESCRIPTION OF BUSINESS

Asia Document Transition, Inc. (the “Company”) was incorporated in the State of Nevada on April 13, 2006. The Company is in the business of (a) providing services consisting of converting documents from word processing format to HTML in order that they may be filed with the U.S. Securities and Exchange Commission ("SEC") electronically through EDGAR, the SEC's Electronic Data Gathering, Analysis, and Retrieval system and (b) providing of mailing address, phone and fax service, internet access temporary meeting space (“Virtual Office Services”) to small and single operator businesses within Hong Kong . The Company has been in the development stage since formation on April 13, 2006 and has only generated minimal revenue to date.

On April 26, 2006, the Company acquired all of the issued and outstanding shares of Vast Opportunity Limited, (VOL) a Hong Kong incorporated limited company, through the issuance of 24,500,000 common shares to the shareholders of VOL. VOL has been since its inception, a corporation with minimal operations. As of the date of the acquisition, V OL had assets of $374 and total liabilities of $1,302. The acquisition resulted in the shareholders of VOL becoming the controlling shareholders of the Company, accordingly the transaction was recorded as a recapitalization of VOL.

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

A. Basis of Accounting

The Company’s financial statements are prepared using the accrual method of accounting. The Company has elected a June 30 fiscal year-end. The consolidated financial statements include the accounts of the Company and its wholly owned subsidiary VOL. All material intercompany balances have been eliminated.

B. Revenue Recognition

Revenues from document formatting and virtual office services are recognized at the time the services have been provided to the customer.

C. Basic Earnings (Loss) Per Share

Basic net loss per share amounts is computed by dividing the net loss by the weighted average number of common shares outstanding. Diluted earnings per share are the same as basic earnings per share due to the lack of dilutive items in the Company.

ASIA DOCUMENT TRANSITION, INC.

(A DEVELOPMENT STAGE COMPANY)

NOTES TO FINANCIAL STATEMENTS

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

D. Cash and Cash Equivalents

For purpose of reporting the statement of flows, cash and cash equivalents include highly liquid investments with investments with maturities of three months or less at the time of purchase.

E. Property and Equipment

The value of fixed assets is at historical cost as required by generally accepted accounting principles. Depreciation is calculated on a straight-line over the 5 year expected useful life of the asset as follows:

Fixed assets at December 31, 2009 are comprised as follows:

Office and computer equipment	$	1,818
Furniture and Fixtures		904
Leasehold improvement		2,620

Accumulated Depreciation		(2,053	)

Net Property and Equipment	$	3,289

Depreciation of $332 had been accounted for during the quarter ended December 31, 2009.

F. Foreign currency translation

Assets and liabilities of the Company whose functional currency is the Hong Kong dollar are translated into U.S. dollars at exchange rates prevailing at the balance sheet date. Revenues and expenses are translated at average exchange rates for the year. The net exchange differences resulting from these translations will be reported in other income. Gains and losses resulting from foreign currency transactions will be included the consolidated statements of operations. There are no exchange differences or gains and losses resulting from foreign currency translations to report for the period commencing with inception and ending December 31, 2009.

G. Related Party Notes Payable

Notes Payable consists of $136,067 in loans made by an officer and shareholder of the Company to the Company and its wholly owned subsidiary, VOL. These loans bear no interest, are unsecured and due and payable upon demand.

ASIA DOCUMENT TRANSITION, INC.

(A DEVELOPMENT STAGE COMPANY)

NOTES TO FINANCIAL STATEMENTS

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

H. Use of Estimates

The preparation of the financial statements in conformity with generally accepted accounting principles 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 statement and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

I. Development Stage

The Company continues to devote substantially all of its efforts in the development of its plan to(a) provide services consisting of converting documents from word processing format to HTML in order that they may be filed with the SEC electronically through EDGAR, the SEC's Electronic Data Gathering, Analysis, and Retrieval system and (b) providing of mailing address, phone and fax service, internet access temporary meeting space (“Virtual Office Services”) to small and single operator businesses within Hong Kong.

J. Income Taxes

The Company accounts for income taxes in accordance with authoritative guidance on deferred income taxes which requires the use of an asset and liability approach in accounting for income taxes. Deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax bases of assets and liabilities and the tax rates in effect when these differences are expected to reverse. SFAS No. 109 requires the reduction of deferred tax assets by a valuation allowance if, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized.

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

	December 31,
		2009 .
Income tax expense at statutory rate	$	(11,057	)
Valuation allowance		11,057

Income tax expense per books	$	-0-

ASIA DOCUMENT TRANSITION, INC.

(A DEVELOPMENT STAGE COMPANY)

NOTES TO FINANCIAL STATEMENTS

J. Income Taxes (Continued)

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

	December 31,
	2009 .
NOL Carryover	$	35,547
Valuation allowance		(35,547	)

Net deferred tax asset	$	-0-

The Company has a net operating loss carryover of $149,362 as of December 31, 2009 which expires in 2028. Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry forwards for federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur net operating loss carry forwards may be limited as to use in future years.

K. Equity-based compensation.

The Company accounts for its equity-based compensation using the modified prospective method. Under this transition method, stock compensation expense includes compensation expense for all stock-based compensation awards granted on or after January 1, 2006, based on the grant date’s estimated fair value.

NOTE 3. COMMON STOCK TRANSACTIONS

The Company did not issue any shares of common stock during the reporting quarter ended December 31, 2009.

NOTE 4. WARRANTS AND OPTIONS

There are no warrants or options outstanding to acquire any additional shares of common stock.

ASIA DOCUMENT TRANSITION, INC.

(A DEVELOPMENT STAGE COMPANY)

NOTES TO FINANCIAL STATEMENTS

NOTE 5. TRANSACTIONS WITH RELATED PARTY

On April 26, 2006, Bernard Chan, the Company’s sole Officer and Director, received 18,850,000 common shares of the Company in connection with the Company’s acquisition of Vast Opportunity, Ltd.

As of December 31, 2009, the Company is indebted to Bernard Chan in the amount of $136,067 for loans made by Bernard Chan to the Company and the Company’s wholly owned subsidiary, VOL. These loans are unsecured and bear no interest and are due and payable by the Company upon demand.

NOTE 6. RECENT ACCOUNTING PRONOUNCEMENTS

In June 2009, the FASB issued Statement of Financial Accounting Standards No. 165, “Subsequent Events,” (“SFAS No. 165”). SFAS 165 establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before financial statements are issued or are available to be issued. SFAS 165 applies to both interim financial statements and annual financial statements. SFAS 165 is effective for interim or annual financial periods ending after June 15, 2009. SFAS 165 does not have a material impact on our financial statements.

In June 2009, the FASB issued Statement of Financial Accounting Standards No. 166, “Accounting for Transfers of Financial Assets, an amendment to SFAS No. 140,” (“SFAS 166”). SFAS 166 eliminates the concept of a “qualifying special-purpose entity,” changes the requirements for derecognizing financial assets, and requires additional disclosures in order to enhance information reported to users of financial statements by providing greater transparency about transfers of financial assets, including securitization transactions, and an entity’s continuing involvement in and exposure to the risks related to transferred financial assets. SFAS 166 is effective for fiscal years beginning after November 15, 2009. The Company will adopt SFAS 166 in fiscal 2010. The Company does not expect that the adoption of SFAS 166 will have a material impact on the financial statements.

In June 2009, the FASB issued Statement of Financial Accounting Standards No. 167, “Amendments to FASB Interpretation No. 46(R),” (“SFAS 167”). The amendments include: (1) the elimination of the exemption for qualifying special purpose entities, (2) a new approach for determining who should consolidate a variable-interest entity, and (3) changes to when it is necessary to reassess who should consolidate a variable-interest entity. SFAS 167 is effective for the first annual reporting period beginning after November 15, 2009 and for interim periods within that first annual reporting period. The Company will adopt SFAS 167 in fiscal 2010. The Company does not expect that the adoption of SFAS 167 will have a material impact on the financial statements.

ASIA DOCUMENT TRANSITION, INC.

(A DEVELOPMENT STAGE COMPANY)

NOTES TO FINANCIAL STATEMENTS

NOTE 6. RECENT ACCOUNTING PRONOUNCEMENTS (CON’T)

In June 2009, the FASB issued Statement of Financial Accounting Standards No. 168, “The FASB Accounting Standards Codification and the Hierarchy of Generally Accepted Accounting Principles,” (“SFAS 168”). SFAS 168 replaces FASB Statement No. 162, “The Hierarchy of Generally Accepted Accounting Principles”, and establishes the FASB Accounting Standards Codification (“Codification”) as the source of authoritative accounting principles recognized by the FASB to be applied by nongovernmental entities in the preparation of financial statements in conformity with generally accepted accounting principles (“GAAP”). SFAS 168 is effective for interim and annual periods ending after September 15, 2009. The Company will begin to use the new Codification when referring to GAAP in its annual report on Form 10-Q for the fiscal year ending September 30, 2009. This will not have an impact on the results of the Company.

NOTE 7. GOING CONCERN

The accompanying financial statements have been prepared in conformity with generally accepted accounting principle, which contemplate continuation of the Company as a going concern. However, the Company has a negative net working capital of US$133,743 as of December 31, 2009 and a net loss of $16,427 and $7,663 for the quarters ended December 31, 2009 and 2008 respectively. The Company currently has limited liquidity, and has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time.

Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses. The Company intends to position itself so that it may be able to raise additional funds through the capital markets. In light of management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern.

NOTE 8. COMMITMENTS

The Company leases its facilities under an operating lease commencing April 16, 2008 and expiring April 15, 2010.

Pursuant to the lease, the Company is obligated to pay monthly rent of approximately $1,722 as well as a management fee of $253.

The following is a summary of future minimum lease payments under operating leases as of December 31, 2009. Rental expense was $23,000 for the period ended December 31, 2009.

Twelve months ending June 30,

2010	$	18,763

		18,763

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

PRELIMINARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This discussion contains forward-looking statements. The reader should understand that several factors govern whether any forward-looking statement contained herein will be or can be achieved. Any one of those factors could cause actual results to differ materially from those projected herein. These forward-looking statements include plans and objectives of management for future operations, including plans and objectives relating to the products and the future economic performance of the company. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions, future business decisions, and the time and money required to successfully complete development projects, all of which are difficult or impossible to predict accurately and many of which are beyond the control of the company. Although the company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of those assumptions could prove inaccurate and, therefore, there can be no assurance that the results contemplated in any of the forward-looking statements contained herein will be realized. Based on actual experience and business development, the company may alter its marketing, capital expenditure plans or other budgets, which may in turn affect the company's results of operations. In light of the significant uncertainties inherent in the forward-looking statements included therein, the inclusion of any such statement should not be regarded as a representation by the company or any other person that the objectives or plans of the company will be achieved.

RESULTS OF OPERATIONS

The following table shows the financial data of the consolidated statements of operations of the Company and its subsidiaries for the 3-month periods ended December 31, 2009 and December 31, 2008, as well as the 6-month periods ended December 31, 2009 and December 31, 2008. The data should be read in conjunction with the audited consolidated financial statements of the Company and related notes thereto.

	3-month Ended						6-month Ended
	December 31,			December 31,			December 31,			December 31,
	2009			2008			2009			2008

(In US$ except per share data)

Net Sales	$	2,372		$	2,372		$	4,744		$	4,103

Operating expenses
Depreciation expenses		(332	)		(436	)		(665	)		(724	)
Selling, general and administrative expenses		(18,466	)		(9,599	)		(25,954	)		(16,257	)
Total Operating expenses		(18,798	)		(10,035	)		(26,619	)		(16,980	)

Loss from operations		(16,427	)		(7,663	)		(21,875	)		(12,878	)

Non-operating income (expense)
Interest income		—			—			—			—
Loss on disposal of property and equipment		—			—			—			—

Profit/(loss) before income tax and minority interests		(16,427	)		(7,663	)		(21,875	)		(12,878	)
Provision for income taxes		—			—			—			—
Minority interests		—			—			—			—
Net income/(loss)		(16,427	)		(7,663	)		(21,875	)		(12,878	)

Earnings (loss) per share
Basic		(0.00	)		(0.00	)		(0.00	)		(0.00	)

3 MONTHS ENDED DECEMBER 31, 2009 COMPARED TO 3 MONTHS ENDED DECEMBER 31, 2008.

OPERATING REVENUE

Since commencing operations in April 2006, we have been engaged to providing Edgarizing and Virtual Office businesses. However, due mainly to the inefficient minimal scale of operating the Edgarizing business, we temporarily ceased its operation and continue only the operation of Virtual Office.

For the 3-month period ended December 31, 2008, Asia Document Transition, Inc. generated revenue in the amount of $2,372, as compared to $2,372 for the same corresponding period in year 2007, the revenue remained unchanged. During the quarter ended December 31, 2009, we provided our virtual office services for an average of 3 clients with an average monthly fee earned per client in the amount of approximately US$260, which remained the same for the corresponding period in year 2008. In addition, the existing clients are being charged in a similar manner because of the current economic downturn.

DEPRECIATION EXPENSES

Depreciation expenses for the 3-month period ended December 31, 2009 amounted to $332, as compared to $436 for the same corresponding period in year 2008, a decrease of $104 or 23.9%. This decrease was the result of discontinuation of one amortized item during the reporting quarter. The remaining of these expenses was related to the depreciation charged on office equipments and computers.

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

For the 3-month period ended December 31, 2009, selling, general and administrative expenses were $18,466, compared to $9,599 for the same corresponding period in year 2008, an increase of $8,867 or 92.4%. This increase was primarily the result of yearend additional professional fees paid which were accounted for previous year in relation to the Company’s preparation and filing of the yearend report, Form 10-K.

INTEREST INCOME

Interest income was none for the reporting 3-month period ended December 31, 2009, compared to none for the same corresponding period in year 2008.

NET LOSS

Net loss was $16,427 for the reporting 3-month period ended December 31, 2009, as compared to $7,663 for the same corresponding period in year 2008, an increase of $8,764 or 114.4%. The increase was primarily the result of the increase of SG&A expenses mentioned above.

6 MONTHS ENDED DECEMBER 31, 2009 COMPARED TO 6 MONTHS ENDED DECEMBER 31, 2008.

OPERATING REVENUE

For the 6-month period ended December 31, 2009, Asia Document Transition, Inc. generated revenue in the amount of $4,744, as compared to $4,103 for the same corresponding period in year 2008, an increase of $641 or 15.6%. The increase was primarily the result of an average 3 client per month during the six-month period ended December 31, 2009, as compared to an average of approximate 2.5 clients per month the same corresponding period in year 2008. During the 6-month period ended December 31, 2009, we provided our virtual office services for an average of 3 clients with an average monthly fee earned per client in the amount of approximately US$260, versus an average of approximate 2.5 clients for the same corresponding period in year 2007. In addition, the existing clients are being charged the same because of the current economic downturn.

DEPRECIATION EXPENSES

Depreciation expenses for the 6-month period ended December 31, 2009 amounted to $665, as compared to $724 for the same corresponding period in year 2008, a decrease of $59 or 8.1%. The decrease was primarily the result of discontinuation of one amortized item during the reporting period.

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

For the 6-month period ended December 31, 2009, selling, general and administrative expenses were $25,954, compared to $16,257 for the same corresponding period in year 2008, an increase of $9,697 or 59.6%. This increase was primarily the result of yearend additional professional fees paid which were accounted for previous year in relation to the Company’s preparation and filing of the yearend report, Form 10-K.

INTEREST INCOME

Interest income was none for the reporting 6-month period ended December 31, 2009, compared to none for the same corresponding period in year 2008.

NET LOSS

Net loss was approximately $21,875 for the reporting 6-month period ended December 31, 2009, as compared to $12,878 for the same corresponding period in year 2008, an increase of $8,997 or 69.9%. The increase in net loss was primarily due to the additional SG&A expenses for professional services incurred during previous year, but paid during the report period mentioned above.

LIQUIDITY AND CAPITAL RESOURCES

As of December 31, 2009, cash and cash equivalents totaled $2,580. This cash position was the result of a result of net cash provided by financing activities in the amount of $20,142, offsetting by net cash used in operating activities in the amount of $19,235. The cash increase in financing activities was the result of additional loans from related party. The net cash used by operating activities was mainly the result of additional professional fees in relation to our preparation and filings of previous yearend report.

We believe that the level of financial resources is a significant factor for our future development, and accordingly we may choose at any time to raise capital through private debt or equity financing to strengthen its financial position, facilitate growth and provide us with additional flexibility to take advantage of business opportunities. However, we do not have immediate plans to have a public offering of our common stock.

CRITICAL ACCOUNTING POLICIES

In presenting our financial statements in conformity with generally accepted accounting principles, we are required to make estimates and assumptions that affect the amounts reported therein. Several of the estimates and assumptions we are required to make relate to matters that are inherently uncertain as they pertain to future events. However, events that are outside of our control cannot be predicted and, as such, they cannot be contemplated in evaluating such estimates and assumptions. If there is a significant unfavorable change to current conditions, it could result in a material adverse impact to our consolidated results of operations, financial position and liquidity. We believe that the estimates and assumptions we used when preparing our financial statements were the most appropriate at that time. Presented below are those accounting policies that we believe require subjective and complex judgments that could potentially affect reported results. However, the majority of our businesses operate in environments where we pay a fee for a service performed, and therefore the results of the majority of our recurring operations are recorded in our financial statements using accounting policies that are not particularly subjective, nor complex.

Valuation of long-lived assets

We review our long-lived assets for impairment, including property, plant and equipment, and identifiable intangibles with definite lives, whenever events or changes in circumstances indicate that the carrying amount of the assets may not be fully recoverable. To determine recoverability of our long-lived assets, we evaluate the probability that future undiscounted net cash flows will be greater than the carrying amount of our assets. Impairment is measured based on the difference between the carrying amount of our assets and their estimated fair value.

Allowance for Doubtful Accounts

We perform ongoing credit evaluations of our customers and adjust credit limits based upon customer payment history and current creditworthiness. We continuously monitor collections and payments from our customers and maintain a provision for estimated credit losses based upon our historical experience and any specific customer collection issues that have been identified. While such credit losses have historically been within our expectations and the provisions established, we cannot guarantee that we will continue to experience credit loss rates similar to those we have experienced in the past. Measurement of such losses requires consideration of historical loss experience, including the need to adjust for current conditions, and judgments about the probable effects of relevant observable data, including present economic conditions such as delinquency rates and financial health of specific customers.

Goodwill on consolidation

Our long-lived assets include goodwill. SFAS No. 142 "Goodwill and Other Intangible Assets" requires that goodwill be tested for impairment at the reporting unit level (operating segment or one level below an operating segment) on an annual basis and between annual tests in certain circumstances. Application of the goodwill impairment test requires judgment, including the identification of reporting units, assigning assets and liabilities to reporting units, assigning goodwill to reporting units, and determining the fair value of each reporting unit. Significant judgments required to estimate the fair value of reporting units include estimating future cash flows, determining appropriate discount rates and other assumptions. Changes in these estimates and assumptions could materially affect the determination of fair value for each reporting unit.

Going Concern

The accompanying financial statements have been prepared in conformity with generally accepted accounting principles, which contemplate continuation of the Company as a going concern. To date, the Company generated only nominal revenue, is considered a development stage company, has experienced recurring net operating losses, had a net loss of $16,427 for the three months ended December 31, 2009, and a working capital deficiency of $133,487 at December 31, 2009. These factors raise substantial doubt about the Company’s ability to continue as a going concern. These financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification of liabilities that might result from this uncertainty. We will need to raise funds or implement our business plan to continue operations.

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.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

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

ITEM 4. CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

Our management, with the participation of our Chief Executive Officer and Chief Financial Officer, has evaluated the effectiveness of our disclosure controls and procedures (as defined in Exchange Act Rule 13a-15(e)) as of December 31, 2009. Based upon such evaluation, our Chief Executive Officer and Chief Financial Officer have concluded that, as of December 31, 2009, the Company’s disclosure controls and procedures were effective at the reasonable assurance level.

Changes in Internal Control Over Financial Reporting

There were no changes (including corrective actions with regard to significant deficiencies or material weaknesses) in our internal controls over financial reporting that occurred during the second quarter of fiscal 2010 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

PART II - OTHER INFORMATION

ITEM 1.

LEGAL PROCEEDINGS

There are no legal proceedings which are pending or have been threatened against us or any of our officers, directors or control persons of which management is aware.

ITEM 1A.

RISK FACTORS.

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

ITEM 2.

UNREGISTERED SALES OF EQUITY SECURITIES

Except as may have previously been disclosed on a current report on Form 8-K or the Company’s Registration Statement on Form S-1, we have not sold any of our securities in a private placement transaction or otherwise during the past three years.

ITEM 3.

DEFAULTS UPON SENIOR SECURITIES

Not applicable.

ITEM 4.

SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

None.

ITEM 5.

OTHER INFORMATION

None

ITEM 6.

EXHIBITS

Exhibit No.		Description

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

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

SIGNATURES

In accordance with the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

	ASIA DOCUMENT TRANSITION, INC.

Date: February 11, 2010	By:	/s/ Bernard Chan

		Bernard Chan
		Director, CEO, President, Secretary and Treasurer

EXHIBIT INDEX

Exhibit No.		Description

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

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

Asia Document Transition, Inc. 10-Q