UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10-Q

(Mark One)

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

For the quarterly period ended ~~October~~April 3130, ~~2017~~2018

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

For the transition period from ___________________ ~~__________________________~~ to ~~__________________________~~___________________

Commission File Number 000-52010

~~ASIAN~~UNIFUNDS ~~DEVELOPMENT FRONTIER INC~~LIMITED. (Exact name of registrant as specified in its charter)

Nevada	N/A
(State or other jurisdiction of incorporation or organization)	(IRS Employer Identification No.)
65/10-12 Floor 1, Chamnan Phenjati Business Center
Building, Rama IX Rd, Huai Khwang, Bangkok Thailand	10310
(Address of principal executive offices)	(Zip Code)

Nevada	N/A
(State or other jurisdiction of incorporation or organization)	(IRS Employer Identification No.)

852-3106-3133 (Registrant’s telephone number, including area code)

65/10-12 Floor 1, Chamnan Phenjati Business Center
Building, Rama IX Rd, Huai Khwang, Bangkok Thailand	10310
(Address of principal executive offices)	(Zip Code)

852-2626 9975
(Registrant’s telephone number, including area code)

Not Applicable
(Former name, former address and former fiscal year, if changed since last report)

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 preceding 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.
[X] YES [ ] NO

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). [X] YES [ ] NO

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

Large accelerated filer [ ]	Accelerated filer [ ]
Non-accelerated filer [ ]	Smaller reporting company [X]
(Do not check if smaller reporting company)	Emerging growth company [ ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act)
[X] YES [ ] NO

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS

Check whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Exchange Act after the distribution of securities under a plan confirmed by a court.
[ ] YES [ ] NO

APPLICABLE ONLY TO CORPORATE ISSUERS

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date. 95,306,667 common shares issued and outstanding as of ~~December 12~~October 23, 2018 ~~2017~~

Table of Contents

PART I - FINANCIAL INFORMATION		4
Item 1.	Financial Statements	4
Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations	57
Item 3.	Quantitative and Qualitative Disclosures About Market Risks	1013
Item 4.	Controls and Procedures	1013
PART II - OTHER INFORMATION		11
Item 1.	Legal Proceedings	1114
Item 1A.	Risk Factors	1114
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	1114
Item 3.	Defaults Upon Senior Securities	1114
Item 4.	Mine Safety Disclosures	1114
Item 5.	Other Information	1114
Item 6.	Exhibits	1215
SIGNATURES		1316

PART I - FINANCIAL INFORMATION

Item 1.

Financial Statements

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

~~ASIAN~~UNIFUNDS ~~DEVELOPMENT~~LIMITED ~~FRONTIER INC.~~

CONDENSED FINANCIAL STATEMENTS

~~October~~April 3130, ~~2017~~2018 and January 31, ~~2017~~2018 (Stated in US Dollars) (Unaudited)

Condensed Balance Sheets (Unaudited)	F–1
Condensed Statements of Operations (Unaudited)	F–2
Condensed Statements of Cash Flows (Unaudited)	F–3
Notes to Condensed Financial Statements (Unaudited)	F–4 – F-6

~~ASIAN~~UNIFUNDS ~~DEVELOPMENT~~LIMITED ~~FRONTIER INC.~~ CONDENSED BALANCE SHEETS (Stated in US Dollars)

		October 31,			January 31,
		April 30,			January 31,
		2017			2017
		2018			2018
		(Unaudited)
ASSETS
CURRENT ASSETS
Prepaid expenses	$	-		$	1,500
Prepaid Expenses	$	4,166		$	6,666
TOTAL ASSETS	$	-4,166		$	16,~~500~~666
LIABILITIES AND STOCKHOLDERS’ DEFICIT
CURRENT LIABILITIES
Accounts payable and accrued liabilities .	$	25,426		$	14,347
Accounts payable and accrued liabilities	$	2,630		$	5,252
Due to related party		~~337~~373,~~101~~432			~~264~~362,~~706~~100
TOTAL LIABILITIES		~~362~~376,~~527~~062			~~279~~367,~~053~~352
STOCKHOLDERS’ DEFICIT
Capital stock
Authorized 225,000,000 common shares, $0.001 par value, Issued and outstanding 95,306,667 common shares (January 31, 2017 – 95,306,667)		95,307			95,307
Authorized 225,000,000 common shares, $0.001 par value, Issued and outstanding 95,306,667 common shares (January 31, 2018 – 95,306,667)		95,307			95,307
Additional paid-in-capital		502,487			502,487
Accumulated deficit		(~~960~~969,~~321~~690	)		(~~875~~958,~~347~~480	)
TOTAL STOCKHOLDERS’ DEFICIT		(~~362~~371,~~527~~896	)		(~~277~~360,~~553~~686	)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$	-4,166		$	16,~~500~~666

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

F-1

~~ASIAN~~UNIFUNDS ~~DEVELOPMENT~~LIMITED ~~FRONTIER INC.~~ CONDENSED STATEMENTS OF OPERATIONS

(Stated in US Dollars) (Unaudited)

(Unaudited)

		Three months			Three months
		ended			ended
		April 30,			April 30,
		2018			2017
Operating expenses
Professional fees	$	4,300		$	1,864
General and administrative		6,910			8,331

Total operating expenses		11,210			10,195

Net loss	$	(11,210	)	$	(10,195	)

Basic and diluted loss per share	$	(0.00	)	$	(0.00	)

Weighted average number of shares outstanding – basic and diluted		95,306.667			95,306,667

		Three months			Three months			Nine months			Nine months
		ended			ended			ended			ended
		October 31,			October 31,			October 31,			October 31,
		2017			2016			2017			2016
Operating expenses
Professional fees	$	9,809		$	5,686		$	23,544		$	15,956
General and administrative		35,791			25,375			61,430			43,580
Total operating expenses		45,600			31,061			84,974			59,536
Net loss	$	(45,600	)	$	(31,061	)	$	(84,974	)	$	(59,536	)
Basic and diluted loss per share	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)
Weighted average number of shares outstanding – basic and diluted		95,306,667			95,306,667			95,306,667			95,306,667

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

~~The~~F-2 ~~accompanying notes are an integral part of these unaudited financial statements~~

~~F-2~~UNIFUNDS LIMITED

~~ASIAN~~CONDENSED ~~DEVELOPMENT~~STATEMENTS ~~FRONTIER~~OF ~~INC.~~CASH FLOWS (Stated in US Dollars) (Unaudited)

CONDENSED STATEMENTS OF CASH FLOWS (Stated in US Dollars)

		Three months			Three months
		ended			ended
		April 30,			April 30,
		2018			2017
Operating Activities
Net Loss	$	(11,210	)	$	(10,195	)
Adjustments to reconcile net loss to net cash used by operating activities:
Expenses paid by Company shareholder		11,332			23,615

Changes in working capital:
Accounts payable and accrued liabilities		(2,622	)		(13,420	)
Prepaid expense		2,500			-


Net cash used in operating activities		-			-

Financing Activities
Proceeds from related party payable		-			-

Net cash provided by financing activities		-			-

Net Changes in Cash		-			-

Cash at Beginning of Period		-			-

Cash at End of Period	$	-		$	-

Supplemental Disclosures of Cash Flow Information

Cash Paid For:
Interest	$	-		$	-
Income taxes	$	-		$	-

~~(Unaudited)~~The accompanying notes are an integral part of these unaudited financial statements

		Nine months			Nine months
		ended			ended
		October 31,			October 31,
		2017			2016
Operating Activities
Net Loss	$	(84,974	)	$	(59,536	)
Adjustments to reconcile net loss to net cash used by operating activities:
Expenses paid by Company shareholder		72,395			82,315
Changes in working capital:
Accounts payable and accrued liabilities		11,079			(22,779	)
Prepaid expenses		1,500			-
Net cash used in operating activities		-			-
Cash Flows from Investing Activities		-			-
Cash Flows from Financing Activities		-			-
Net Changes in Cash		-			-
Cash at Beginning of Period		-			-
Cash at End of Period	$	-		$	-
Supplemental Disclosures of Cash Flow Information
Cash Paid For:
Interest	$	-		$	-
Income taxes	$	-		$	-

F-3

~~The~~UNIFUNDS ~~accompanying~~LIMITED ~~notes~~NOTES ~~are~~TO anTHE ~~integral~~CONDENSED ~~part~~FINANCIAL STATEMENTS ofApril ~~these~~30, ~~unaudited financial~~2018 ~~statements~~and January 31, 2018 (Stated in US Dollars) (Unaudited)

~~F-3~~1. NATURE OF BUSINESS

~~ASIAN~~The ~~DEVELOPMENT~~Company ~~FRONTIER~~was ~~INC~~incorporated in the State of Nevada on February 2, 2005. ~~NOTES~~The TOCompany ~~THE~~was previously in the business of developing fuel cell ~~CONDENSED~~products ~~FINANCIAL~~in ~~STATEMENTS~~China. ~~October~~During 31fiscal 2008, ~~2017~~the Company suspended the development of its fuel cell products due to the inability to raise sufficient additional financing. Management is currently focusing on identifying, evaluating and negotiating ~~January~~new business opportunities. On July 31, ~~2017~~2012, the Company through a ~~(Stated~~merger inwith USa ~~Dollars)~~wholly- owned subsidiary changed its name from Intervia Inc. to Blue Sky Petroleum Inc. Effective July 9, 2015, the Company through a merger with a wholly-owned subsidiary changed its name from Blue Sky Petroleum Inc. to Asian Development Frontier Inc. (~~Unaudited~~the “Company”).

1On October 17, 2017, the board of directors approved an agreement and plan of merger to merge with a wholly-owned subsidiary, Unifunds Limited (a Nevada corporation, incorporated on October 19, 2017), for the sole purpose of effecting a name change from Asian Development Frontier Inc. ~~NATURE~~to Unifunds OFLimited. ~~BUSINESS~~The Company remained the surviving company. Completion of the merger and name change became effective on March 23, 2018 following approval of the Financial Industry Regulatory Authority. On March 23, 2018, the Company adopted the new trading symbol “UIFD”, and new CUSIP number 90775A101

The Company ~~was~~has ~~incorporated~~not ingenerated ~~the~~any ~~State~~revenues offrom ~~Nevada on February 2, 2005~~operations. The Company ~~was~~will ~~previously~~obtain inadditional ~~the~~funding ~~business~~by ofborrowing ~~developing~~funds ~~fuel~~from ~~cell products~~its indirector ~~China. During fiscal 2008~~and officer, ~~the~~or ~~Company~~by ~~suspended~~private ~~the~~placement ~~development~~ of ~~their~~ ~~fuel~~common ~~cell products due to the inability to raise sufficient additional financing~~stock. ~~Management~~There iscan ~~currently~~be ~~focusing~~no onassurance ~~identifying, evaluating and~~that ~~negotiating new business opportunities. On July 31, 2012,~~ the Company ~~through~~will ~~a merger~~be ~~with~~successful ain ~~wholly-owned subsidiary changed~~ its ~~name~~efforts ~~from Intervia Inc.~~ to ~~Blue~~ ~~Sky~~raise ~~Petroleum~~additional ~~Inc.~~financing ~~Effective~~or if ~~July~~financing 9,is ~~2015~~available, ~~the~~that ~~Company~~it ~~through~~will abe ~~merger with~~on aterms ~~wholly-owned~~that ~~subsidiary~~are ~~changed~~acceptable ~~its name from Blue Sky Petroleum Inc.~~ to ~~Asian~~ ~~Development Frontier Inc. (~~the “ Company”).

~~The Company has not generated any revenues from operations~~2. ~~The Company~~GOING ~~will~~CONCERN obtain additional funding by borrowing funds from its director and officer, or by private placement of common stock. There can be no assurance that the Company will be successful in its efforts to raise additional financing or if financing is available, that it will be on terms that are acceptable to the Company.

2The Company’s financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. ~~GOING~~The ~~CONCERN~~Company has not yet established an ongoing source of revenues sufficient to cover its operating costs, which raises substantial doubt regarding the Company’s ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations.

~~The Company~~Management’s ~~financial~~plan ~~statements~~to ~~are~~support ~~prepared~~the ~~using~~Company ~~generally accepted~~in ~~accounting~~its ~~principles~~operations inand to ~~the~~maintain ~~United~~its ~~States~~business ofstrategy ~~America~~is ~~applicable~~ to ~~a going~~raise ~~concern~~funds ~~which~~through ~~contemplates~~public ~~the~~offerings ~~realization~~and to ofrely ~~assets~~on officers and ~~liquidation~~directors ~~of liabilities~~to inperform ~~the~~essential ~~normal~~functions ~~course~~with ~~of business~~minimal compensation. ~~The~~If the Company ~~has~~does not ~~yet established~~raise anall ~~ongoing source~~ of ~~revenues~~the ~~sufficient~~money toit ~~cover~~needs ~~its operating~~from ~~costs~~public offerings, ~~which~~it ~~raises~~will ~~substantial~~have ~~doubt~~to ~~regarding~~find ~~the~~alternative ~~Company’s~~sources, ~~ability~~such ~~to continue~~ as a ~~going~~second public ~~concern.~~offering, ~~The~~a ~~ability~~private placement of ~~the~~securities, ~~Company~~or toloans ~~continue~~from asits ~~a going~~officers, ~~concern~~directors isor ~~dependent~~others. onIf the Company ~~obtaining~~requires ~~adequate~~additional ~~capital~~cash toand ~~fund~~is ~~operating~~unable to ~~losses~~raise ~~until~~it, it ~~becomes~~will ~~profitable.~~either Ifhave ~~the Company is unable~~ to ~~obtain~~suspend ~~adequate capital,~~operations ituntil ~~could~~the becash ~~forced~~is toraised, or cease ~~operations~~business entirely.

~~Management’s~~The ~~plan~~ability toof ~~support~~ the Company ~~in its operations and~~ to ~~maintain~~continue ~~its~~as ~~business~~a ~~strategy~~going isconcern ~~to raise funds through public offerings and~~is todependent ~~rely~~upon onits ~~officers~~ability ~~and directors~~ to ~~perform~~successfully ~~essential~~accomplish ~~functions with minimal compensation. If~~ the ~~Company~~plans ~~does~~described ~~not~~in ~~raise all of~~ the ~~money it needs from~~ ~~public~~preceding ~~offerings,~~paragraph itand ~~will~~eventually ~~have~~secure toother ~~find alternative~~ sources, ~~such~~of asfinancing aand ~~second~~attain ~~public~~profitable ~~offering,~~operations. aThe ~~private~~accompanying ~~placement~~financial ofstatements ~~securities,~~do ornot ~~loans~~include ~~from~~any adjustments ~~its~~that ~~officers, directors~~might orbe ~~others.~~necessary Ifif the Company ~~requires additional cash and~~ is unable to ~~raise~~ ~~it,~~continue itas ~~will either have to suspend operations until the cash is raised, or~~a ~~cease~~going ~~business entirely~~concern.

~~The~~F-4 ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

~~F-4~~UNIFUNDS LIMITED NOTES TO THE CONDENSED FINANCIAL STATEMENTS April 30, 2018 and January 31, 2018 (Stated in US Dollars) (Unaudited)

~~ASIAN DEVELOPMENT FRONTIER INC~~3. ~~NOTES~~BASIS TOOF ~~THE CONDENSED~~PRESENTATION ~~FINANCIAL STATEMENTS October 31, 2017 and January 31, 2017 (Stated in US Dollars) (Unaudited)~~

3.Unaudited ~~BASIS~~Interim OFFinancial ~~PRESENTATION~~Statements

~~Unaudited~~The ~~Interim~~accompanying ~~Financial~~unaudited ~~Statements~~interim financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and the rules and regulations of the Securities and Exchange Commission. They do not include all information and footnotes required by United States generally accepted accounting principles for complete financial statements. However, except as disclosed herein, there has been no material changes in the information disclosed in the notes to the financial statements for the year ended January 31, 2018 included in the Company’s Form 10-K filed with the Securities and Exchange Commission. The unaudited interim financial statements should be read in conjunction with those financial statements included in the Form 10-K. In the opinion of Management, all adjustments considered necessary for a fair presentation, consisting solely of normal recurring adjustments, have been made. Operating results for the three months ended April 30, 2018 are not necessarily indicative of the results that may be expected for the year ending January 31, 2019.

The accompanying unaudited interim financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and the rules and regulations of the Securities and Exchange Commission4. ~~They~~RELATED doPARTY ~~not~~TRANSACTIONS include all information and footnotes required by United States generally accepted accounting principles for complete financial statements. However, except as disclosed herein, there has been no material changes in the information disclosed in the notes to the financial statements for the year ended January 31, 2017 included in the Company’s Form 10-K filed with the Securities and Exchange Commission. The unaudited interim financial statements should be read in conjunction with those financial statements included in the Form 10-K. In the opinion of Management, all adjustments considered necessary for a fair presentation, consisting solely of normal recurring adjustments, have been made. Operating results for the three months ended October 31, 2017 are not necessarily indicative of the results that may be expected for the year ending January 31, 2018.

4During the three month period ended April 30, 2018, the Company did not pay or accrue any management salaries (the year ended January 31 2017 - $Nil) to directors or former directors of the Company. ~~RELATED~~At ~~PARTY~~April ~~TRANSACTIONS~~30, 2018, $373,432 (January 31 2018 - $362,100) is owed to the Company’s president for compensation, advances and expenses paid by the president.

~~During the nine month period ended October 31, 2017, the Company did not pay or accrue any management salaries (the year ended January 31 2017 - $Nil) to directors or former directors of the Company~~5. AtCOMMON ~~October~~STOCK 31, 2017, $337,101 (January 31, 2017 - $264,706) is owed to the Company’s president for compensation, advances and expenses paid by the president. During the nine months ended October 31, 2017, $72,395 (2016 - $82,315) of expenses were paid on behalf of the Company by the president.

5The Company is authorized to issue 225,000,000 shares of its $0.001 ~~COMMON~~par ~~STOCK~~value common stock. During the years ended January 31, 2018 and 2017, no shares of common stock were cancelled

~~The~~At ~~Company~~April ~~is authorized to issue 225~~30,~~000,000~~ ~~shares~~2018 ofand ~~its $0.001 par value common stock. During the year ended~~ January 31, ~~2017~~2018, nothe ~~shares of~~Company ~~common stock were cancelled (January 31~~had 95, ~~2016 7~~306,~~200,000~~667 shares) issued and outstanding.

At6. ~~October~~INCOME ~~31,~~TAXES ~~2017 and January 31, 2017, the Company had 95,306,667 shares issued and outstanding.~~

AtThe ~~October~~Company ~~31,~~is ~~2017~~subject to United States federal and ~~January~~state income ~~31,~~taxes at an approximate rate of 21% (2017, - 34%). The reconciliation of the ~~Company~~provision for ~~had~~income notaxes at the United States federal statutory rate compared to the ~~issued~~Company’s orincome ~~outstanding~~tax ~~stock~~expense ~~options~~as orreported ~~warrants.~~is as follows:

6. INCOME TAXES

		2018			2017
Net loss before income taxes	$	(11,210	)	$	(10,195	)
Statutory tax rate		21%			34%


Income tax recovery		(2,354	)		(3,466	)
Valuation allowance		2,354			3,466

	$	-		$	-

~~The~~F-5 Company is subject to United States federal and state income taxes at an approximate rate of 34%. The reconciliation of the provision for income taxes at the United States federal statutory rate compared to the Company’s income tax expense as reported is as follows:

		2017			2016
Net loss before income taxes	$	(84,974	)	$	(59,536	)
Statutory tax rate		34%			34%
Income tax benefit		(28,891	)		(20,242	)
Change in valuation allowance		28,891			20,242
	$	-		$	-

UNIFUNDS LIMITED
NOTES TO THE CONDENSED FINANCIAL STATEMENTS
April 30, 2018 and January 31,
2018 (Stated in US Dollars)
(Unaudited)

FThe amount taken into income as deferred income tax assets must reflect that portion of the income tax loss carry forwards that is more likely-6than-not to be realized from future operations. The Company has chosen to provide a full valuation allowance against all available income tax loss carry forwards, regardless of their time of expiry.

~~ASIAN~~The ~~DEVELOPMENT~~Company ~~FRONTIER~~has ~~INC~~not filed income tax returns since inception. Tax ~~NOTES~~authorities TOprescribe ~~THE~~penalties for failing to file certain tax returns and ~~CONDENSED~~supplemental ~~FINANCIAL~~disclosures. ~~STATEMENTS~~Upon ~~October~~filing 31there could be penalties and interest assessed. Such penalties vary by jurisdiction and by assessing practices and authorities. As the Company has incurred losses since inception there would be no known or anticipated exposure to penalties for income tax liability. However, certain ~~2017~~jurisdictions may assess penalties for failing to file returns and ~~January~~other disclosures 31and for failing to file other supplementary information associated with foreign ownership, ~~2017~~activities, debt and equity positions. Management has ~~(Stated~~considered inthe USlikelihood ~~Dollars)~~and ~~(Unaudited)~~significance of possible penalties associated with its current and intended filing positions and has determined, based on their assessment, that such penalties, if any, would not be expected to be material. Management’s assessment is subject to uncertainty. All tax years from inception are open to examination by the Internal Revenue Service.

~~The~~No ~~amount~~provision ~~taken~~for ~~into~~ income astaxes ~~deferred~~has ~~income~~been ~~tax~~provided ~~assets~~in ~~must~~these ~~reflect~~financial ~~that~~statements ~~portion~~due ofto the ~~income~~net ~~tax~~ loss ~~carry~~for ~~forwards~~the ~~that~~periods isended ~~more likely-than-not~~April to30, be2018 and ~~realized~~2017. ~~from~~At ~~future~~April ~~operations.~~30, ~~The~~2018 the Company has ~~chosen~~net tooperating loss carried forwards ~~provide~~of a$969,690 ~~full~~which ~~valuation~~expire ~~allowance~~commencing ~~against~~in ~~all~~2025 ~~available~~The ~~income~~potential tax ~~loss~~benefit ~~carry~~of these ~~forwards,~~losses ~~regardless~~may ofbe ~~their~~limited ~~time~~due to certain change in ownership provisions under Section 382 of ~~expiry.~~the Internal Revenue Code (“IRS”) and similar state provisions.

~~The~~IRS ~~Company~~Section ~~has~~382 ~~not~~places ~~filed~~a ~~income~~limitation ~~tax~~(the ~~returns~~“Section ~~since inception.~~382 ~~Tax~~Limitation”) ~~authorities~~on ~~prescribe~~the ~~penalties~~amount ~~for~~of ~~failing~~taxable toincome ~~file~~which ~~certain~~can ~~tax returns and supplemental disclosures. Upon filing there could~~ be ~~penalties~~offset ~~and interest assessed. Such penalties vary~~ by ~~jurisdiction and by assessing practices and~~net ~~authorities.~~operating Asloss ~~the~~carryforwards ~~Company~~after ~~has~~a ~~incurred~~change ~~losses~~in ~~since~~control ~~inception~~(generally ~~there~~greater ~~would~~than bea no50% ~~known~~change orin ~~anticipated~~ownership) ~~exposure~~of toa ~~penalties~~loss ~~for~~corporation. ~~income~~Generally, ~~tax~~after ~~liability.~~a ~~However,~~control ~~certain~~change, ~~jurisdictions~~a ~~may~~loss ~~assess~~corporation ~~penalties~~cannot ~~for~~deduct ~~failing~~operating toloss ~~file~~carryforwards ~~returns~~in ~~and other~~excess ~~disclosures~~of ~~and~~the ~~for~~Section ~~failing~~382 toLimitation. ~~file~~Due ~~other~~to ~~supplementary~~these ~~information~~“change ~~associated with~~in ~~foreign~~ ownership,” ~~activities~~provisions, utilization ~~debt~~of ~~and~~the ~~equity~~net ~~positions.~~operating ~~Management~~loss ~~has considered the likelihood~~ and ~~significance~~tax ofcredit ~~possible~~carryforwards ~~penalties~~may ~~associated with~~be ~~its~~subject ~~current~~to ~~and~~an ~~intended~~annual ~~filing~~limitation ~~positions~~regarding ~~and~~their ~~has~~utilization ~~determined,~~against ~~based on their~~taxable ~~assessment,~~income ~~that~~in ~~such~~future ~~penalties,~~periods. ifThe ~~any,~~Company ~~would~~has not beconcluded ~~expected~~its toanalysis beof ~~material.~~Section ~~Management’s~~382 ~~assessment~~through isJanuary ~~subject~~31, to2018, ~~uncertainty.~~but ~~All~~believes ~~tax~~that ~~years~~the ~~from~~provisions ~~inception are~~will ~~open~~not tolimit the ~~examination~~availability byof ~~the~~losses ~~Internal~~to ~~Revenue~~offset ~~Service~~future income.

~~No provision for income taxes has been provided in these financial statements due to the net loss for the periods ended October 31, 2017 and 2016~~7. AtSUBSEQUENT ~~October~~EVENTS 31, 2017 the Company has a net operating loss carried forward of $960,321, which expires commencing in 2034. The potential tax benefit of these losses may be limited due to certain changes in ownership provisions under Section 382 of the Internal Revenue Code (“IRS”) and similar state provisions.

~~IRS~~The ~~Section~~Company ~~382~~has ~~places~~evaluated asubsequent ~~limitation~~events ~~(the~~through ~~“Section 382 Limitation”) on~~ the ~~amount of taxable income~~ date which can be offset by net operating loss carryforwards after a change in control (generally greater than a 50% change in ownership) of a loss corporation. Generally, after a control change, a loss corporation cannot deduct operating loss carryforwards in excess of the ~~Section~~financial ~~382~~statements ~~Limitation.~~were ~~Due to these “change in ownership” provisions~~issued, ~~utilization~~ ~~of the net operating loss~~ and ~~tax~~no ~~credit~~material ~~carryforwards may be~~recognizable ~~subject~~subsequent toevents anwere ~~annual limitation regarding their utilization against taxable income in future periods~~identified. ~~The Company has not concluded its analysis of Section 382 through January 31, 2017, but believes that the provisions will not limit the availability of losses to offset future income.~~

7.F-6 ~~SUBSEQUENT EVENTS~~

~~The~~Item ~~Company~~2. ~~has~~Management's ~~evaluated~~Discussion ~~subsequent~~and ~~events~~Analysis ~~through~~of ~~the~~Financial ~~date which~~Condition ~~the financial statements were issued,~~ and noResults ~~material~~of ~~recognizable subsequent events were identified.~~ Operations

FFORWARD-6LOOKING STATEMENTS

~~Item~~This 2quarterly report contains forward-looking statements. These ~~Management~~statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's ~~Discussion~~actual ~~and~~results, ~~Analysis~~levels of ~~Financial~~activity, ~~Condition~~performance ~~and~~or ~~Results~~achievements to be materially different from any future results, levels of ~~Operations~~activity, performance or achievements expressed or implied by these forward-looking statements. Although we believe that the expectations reflected in the forward- looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.

~~FORWARD~~Our unaudited financial statements are stated in United States Dollars (US$) and are prepared in accordance with United States Generally Accepted Accounting Principles. The following discussion should be read in conjunction with our financial statements and the related notes that appear elsewhere in this quarterly report. The following discussion contains forward-~~LOOKING~~looking ~~STATEMENTS~~statements that reflect our plans, estimates and beliefs. Our 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 report.

~~This~~Unless ~~quarterly~~otherwise ~~report~~specified ~~contains~~in ~~forward-looking~~this ~~statements. These~~quarterly ~~statements relate to future events or our future financial performance. In some cases~~report, ~~you~~all ~~can identify forward-looking statements by terminology such as~~dollar ~~“may”,~~amounts “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed ~~or implied by these forward-looking statements. Although we believe that the expectations reflected~~ in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, wedollars doand ~~not~~all ~~intend~~references to ~~update any of the forward-looking~~“common ~~statements~~stock” refer to ~~conform~~shares ~~these~~of ~~statements~~our tocommon ~~actual results~~stock.

~~Our~~As ~~unaudited~~used ~~financial statements are stated~~ in United States Dollars (US$) and are prepared in accordance with United States Generally Accepted Accounting Principles. The following discussion should be read in conjunction with our financial statements and the related notes that appear elsewhere in this quarterly report., ~~The~~the ~~following~~terms ~~discussion~~“we”, ~~contains forward-looking statements that reflect our plans~~“us”, ~~estimates~~ “our” and ~~beliefs.~~“our ~~Our actual~~company” ~~results~~mean ~~could~~Asian ~~differ~~Development ~~materially~~Frontier ~~from those discussed in the forward-looking statements~~Inc. ~~Factors that could cause or contribute to such differences include~~, ~~but~~unless ~~are not limited to, those discussed below and elsewhere~~otherwise inindicated. ~~this~~We ~~quarterly~~have ~~report~~no subsidiaries.

~~Unless~~Corporate ~~otherwise~~Overview ~~specified in this quarterly report, all dollar amounts are expressed in United States dollars and all references to “common stock” refer to shares of our common stock.~~

AsWe ~~used~~were incorporated in ~~this~~the ~~quarterly~~State ~~report~~of Nevada on February 2, 2005. ~~the~~Our ~~terms~~original ~~“we”~~business plan was to develop fuel cell technology and produce fuel cells in China for indoor forklifts, ~~“us”~~scooters, ~~“our”~~underwater equipment (e.g. ~~and~~shallow ~~“our~~underwater ~~company”~~sightseeing ~~mean~~submarines) ~~Asian~~that ~~Development~~require ~~Frontier~~a ~~Inc.~~small size, ~~unless otherwise~~longevity ~~indicated~~of use and silent operation. WeDuring ~~have~~fiscal no2008 ~~subsidiaries~~we suspended the development of our products and business plan until we were able to raise sufficient additional financing.

~~Corporate~~Since ~~Overview~~the suspension of our original business plan, our management has been analyzing various alternatives available to our company to ensure our survival and to preserve our shareholders' investment in our common shares.

WeOn ~~were~~July ~~incorporated~~31, in2012, ~~the~~we ~~State~~filed Articles of ~~Nevada~~Merger onwith ~~February~~the 2,Nevada ~~2005.~~Secretary ~~Our~~of ~~original~~State ~~business plan was~~ to ~~develop~~change ~~fuel~~the ~~cell~~name ~~technology~~of ~~and~~the ~~produce fuel~~company ~~cells~~from in“Intervia ~~China~~Inc.” ~~for~~to “Blue ~~indoor~~Sky ~~forklifts,~~Petroleum ~~scooters~~Inc.”, ~~underwater~~by ~~equipment~~way ~~(e.g. shallow~~of ~~underwater~~a ~~sightseeing~~merger ~~submarines)~~with ~~that~~our ~~require~~wholly-owned ~~a small size, longevity~~subsidiary ofBlue ~~use~~Sky ~~and~~Petroleum ~~silent operation~~Inc., ~~During~~which ~~fiscal~~was ~~2008~~created wesolely ~~suspended~~for the ~~development~~name ~~of our products and business plan until we were able to raise sufficient additional financing~~change.

~~Since~~Also on July 31, 2012, we filed a Certificate of Change with the ~~suspension~~Nevada Secretary of ~~our~~State ~~original~~to ~~business~~give ~~plan,~~effect to a forward split of our ~~management~~authorized ~~has~~and ~~been~~issued ~~analyzing~~and ~~various~~outstanding ~~alternatives~~shares ~~available~~of tocommon stock on a 3 new for 1 old basis and, consequently, our ~~company~~authorized capital increased from 75,000,000 to ~~ensure~~225,000,000 shares and correspondingly, our ~~survival~~issued and tooutstanding ~~preserve~~shares ~~our~~of common ~~shareholders'~~stock ~~investment~~increased infrom ~~our~~15,740,000 to 47,220,000 shares of common stock, all ~~shares~~with a par value of $0.001. These amendments became effective on August 7, 2012 upon approval from the Financial Industry Regulatory Authority (FINRA).

On July 31, 2012, we filed Articles of Merger with the Nevada Secretary of State to change the name of the company from “Intervia Inc.” to “Blue Sky Petroleum Inc.”, by way of a merger with our wholly-owned subsidiary Blue Sky Petroleum Inc., which was created solely for the name change. 7

~~Also~~Effective onSeptember ~~July 31~~19, 2012, weour ~~filed~~stock asymbol ~~Certificate~~changed ~~of Change with~~from ~~the~~“ITVA” ~~Nevada Secretary of State~~ to ~~give~~“BSKY” ~~effect~~ to abetter ~~forward~~reflect ~~split~~the ofnew ~~our authorized~~name ~~and issued and outstanding shares~~ of ~~common stock on a 3 new for 1 old basis and, consequently,~~ our ~~authorized~~company. ~~capital~~The ~~increased from 75,000,000 to~~symbol ~~225,000,000~~change ~~shares~~became ~~and~~effective ~~correspondingly,~~with ~~our~~the ~~issued~~OTC ~~and~~Markets ~~outstanding~~at ~~shares~~the ~~of common~~opening ~~stock increased from 15,740,000 to 47,220,000 shares~~ of ~~common~~trading ~~stock, all~~on ~~with~~September ~~a par value of $0.001. These amendments became effective on August 7~~19, 2012 ~~upon approval from the Financial Industry Regulatory Authority (FINRA)~~.

5On June 10, 2015, our board of directors approved an agreement and plan of merger to merge with our wholly-owned subsidiary Asian Development Frontier Inc., a Nevada corporation, to effect a name change from Blue Sky Petroleum Inc. to Asian Development Frontier Inc. Asian Development Frontier Inc. was formed solely for the change of name.

~~Effective~~Articles ~~September~~of ~~19,~~Merger ~~2012,~~to ~~our~~effect ~~stock~~the ~~symbol~~merger ~~changed~~and ~~from “ITVA”~~change toof ~~“BSKY”~~name towere filed ~~better~~and ~~reflect~~became effective with the ~~new~~Nevada ~~name~~Secretary of ~~our~~State ~~company.~~on ~~The~~July ~~symbol~~9, 2015. The name change became effective with the OTC Markets at the opening of trading on ~~September~~on 19July 9, ~~2012~~2015 under the symbol "ADFI". Our CUSIP number is 04521W101.

On ~~June~~September 1021, ~~2015~~2017, ~~our~~Unifunds ~~board~~Limited, ofa ~~directors~~Hong ~~approved~~Kong corporation, acquired an ~~agreement~~ aggregate of 55,000,000 issued and ~~plan~~outstanding common shares of ~~merger~~the toCompany. ~~merge~~The ~~with~~shares ~~our~~were ~~wholly-owned~~acquired ~~subsidiary~~in ~~Asian~~private ~~Development~~transactions, in ~~Frontier~~equal ~~Inc.,~~part afrom ~~Nevada~~each ~~corporation,~~of toJin ~~effect~~Han aAlvin ~~name~~Lee, ~~change~~our ~~from~~former ~~Blue~~president, ~~Sky~~secretary, ~~Petroleum~~chief ~~Inc.~~executive toofficer, ~~Asian~~chief ~~Development~~financial ~~Frontier~~officer, ~~Inc.~~treasurer ~~Asian~~and ~~Development~~director, ~~Frontier~~and ~~Inc~~Kok Seong Lim, our former director. The purchase price, which was ~~formed~~paid ~~solely~~with personal ~~for~~funds of the ~~change~~purchaser, ofwas ~~name~~$0.06218 per share or $3,420,000 in the aggregate.

~~Articles~~The of55,000,000 ~~Merger~~common toshares ~~effect~~constitute ~~the~~approximately ~~merger~~57.7% of our issued and ~~change~~outstanding voting securities as at the date of ~~name~~this ~~were~~report. ~~filed~~Shirley ~~and~~Van ~~became~~Kerkhove ~~effective~~has ~~with~~sole ~~the~~voting ~~Nevada~~and ~~Secretary~~dispositive ofcontrol ~~State~~over onsecurities held ~~July~~by 9,UniFunds ~~2015~~Limited. ~~The~~ ~~name~~There ~~change~~are ~~became~~no ~~effective~~arrangements ~~with~~or ~~the~~understandings ~~OTC~~among UniFunds ~~Markets~~Limited, atJin ~~the~~Han ~~opening~~Alvin ofLee, ~~trading on~~or ~~July~~Kok 9,Seong ~~2015~~Lim ~~under~~or their respective associates with respect to the ~~symbol~~election ~~"ADFI".~~of ~~Our~~directors ~~CUSIP~~or ~~number~~other ismatters ~~04521W101~~pertaining to the Company.

On ~~September~~October 2117, 2017, ~~Unifunds~~our ~~Limited,~~board aof ~~Hong~~directors ~~Kong corporation,~~approved ~~acquired~~ an agreement ~~aggregate~~and plan of ~~55,000,000~~merger ~~issued~~to ~~and~~merge ~~outstanding~~with ~~common shares~~our ofwholly-owned ~~the~~subsidiary ~~Company.~~Unifunds Limited ~~The~~(a ~~shares~~Nevada ~~were~~corporation, ~~acquired~~incorporated inon ~~private~~October ~~transactions~~19, ~~in equal~~2017), ~~part~~for ~~from~~the ~~each~~sole purpose of ~~Jin~~effecting ~~Han~~a ~~Alvin~~name ~~Lee,~~change ~~our~~from ~~former~~Asian ~~president,~~Development ~~secretary,~~Frontier Inc. to ~~chief~~Unifunds ~~executive~~Limited. ~~officer,~~Our ~~chief~~company ~~financial~~remained ~~officer,~~the ~~treasurer~~surviving ~~and~~company. ~~director,~~Completion ~~and~~of the ~~Kok~~merger ~~Seong~~and ~~Lim,~~name ~~our~~change ~~former~~became ~~director.~~effective ~~The~~on ~~purchase~~March ~~price~~23, ~~which~~2018 ~~was~~following ~~paid~~approval ~~with~~of ~~personal~~the ~~funds~~Financial ofIndustry ~~the~~Regulatory ~~purchaser~~Authority. On March 23, ~~was~~2018 ~~$0.06218~~we ~~per~~adopted ~~share~~the new ortrading $3symbol “UIFD”,~~420,000~~ inand ~~the aggregate.~~new CUSIP number 90775A101

The address of our principal executive office is 65/10-12 Floor 1, Chamnan Phenjati Business Center Building. Rama IX Rd, Huai Khwang, Bangkok, Thailand. Our telephone number is 852-~~3106-3133~~2626 9975.

Our Current Business

During our last two fiscal years, we have been a company with no operations.

On July 15, 2010, we entered into an option agreement to purchase a 100% undivided right, title and interest in the Proteus property located near Cobalt, Ontario, an area known historically for the mining of silver ore. The Proteus Property consists of three mineral claims comprised of nine units covering approximately 360 acres located in the Larder Lake Mining Division in Ontario, Canada. In order to acquire the Proteus Property pursuant to the agreement, our company was to make the cash payments and incur amounts on exploration and development.

We have been unsuccessful in raising additional capital for this exploration project and therefore do not have sufficient funds to make the required option payments. Consequently, effective August 13, 2012, we entered into an assignment agreement among Timber Wolf Gold Inc., a Nevada corporation and Gino Chitaroni, wherein we have assigned all of our rights, title and interest in and to the option agreement for the Proteus Property to Timber Wolf, with no further obligations to our company.

We continue to look for properties and opportunities. However, at this time we have not yet been successful in finding a transaction that has warranted pursuing.

Research and Development

We do not currently have a formal research and development effort. We did not spend any funds on research and development during the last two fiscal years.

Purchase of Significant Equipment

We do not intend to purchase any significant equipment over the twelve months ending ~~October~~April 3130, ~~2018~~2019.

6 8

~~Employees~~Competition

Currently, weour docompany ~~not~~has ~~have~~no ~~any employees~~operations. ~~Additionally,~~We weare ~~have~~engaged in the ~~not~~evaluation ~~entered~~of ~~into~~potential ~~any~~opportunities ~~consulting~~to develop our business through merger, acquisition or ~~employment~~joint ~~agreements~~venture, with ~~our~~a ~~president,~~view to increasing shareholder value. In ~~chief~~that ~~executive~~regard ~~officer,~~we ~~treasurer,~~may ~~secretary~~compete with other private or ~~chief~~public ~~financial~~companies ~~officer.~~for ~~Our~~business ~~directors,~~opportunities ~~executive~~and ~~officers~~financing. Many of the companies with whom we may compete have greater financial and ~~certain~~technical ~~contracted~~resources ~~individuals~~than ~~play~~those anavailable to us. ~~important~~Accordingly, ~~role~~these incompetitors may be able to spend greater amounts on the identification, ~~running~~evaluation, acquisitions and development of ~~our~~assets ~~company~~or opportunities of merit. WeIn doaddition, ~~not~~they ~~expect~~may ~~any~~be ~~material~~able to afford management and ~~changes~~other inexpertise ~~the~~greater ~~number~~than ofour ~~employees~~own. ~~over~~This ~~the~~competition ~~next~~could 12adversely ~~month~~impact ~~period.~~on our Weability doto re-establish operation, and ~~will~~to achieve the financing necessary ~~continue~~for us to ~~outsource~~develop ~~contract~~any ~~employment~~assets asor ~~needed~~interests we may acquire.

WeCompliance ~~engage contractors from time to time to consult~~ with usGovernment ~~on specific~~Regulation ~~corporate affairs or to perform specific tasks in connection with our programs.~~

~~Plan~~We are committed to complying with and are, to our knowledge, in compliance with, all governmental and environmental regulations applicable to our company and any future properties. Permits from a variety of ~~Operation~~regulatory authorities are required for many aspects of mine operation and reclamation. We cannot predict the extent to which these requirements will affect our company or any future properties if we identify the existence of minerals in commercially exploitable quantities. In addition, future legislation and regulation could cause additional expense, capital expenditure, restrictions and delays in the exploration of any future properties.

~~You~~Subsidiaries should read the following discussion of our financial condition and results of operations together with our unaudited financial statements and the notes to those unaudited financial statements included elsewhere in this filing prepared in accordance with accounting principles generally accepted in the United States. This discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those anticipated in these forward-looking statements.

~~Anticipated~~We ~~Cash~~do ~~Requirements~~not have any subsidiaries.

~~Based~~Employees on our net loss of $84,974 incurred during the nine month period ended October 31, 2017, our monthly usage rate is approximately $7,100. We estimate our operating expenses and working capital requirements for the twelve month period beginning November 1, 2017 to be as follows:

Estimated Expenses For the Twelve Month Period ending October 31, 2018
Professional fees	$	60,000
General and administrative	$	150,000
Total	$	210,000

Currently, we do not have any employees. Additionally, we have not entered into any consulting or employment agreements with our president, chief executive officer, treasurer, secretary or chief financial officer. Our directors, executive officers and certain contracted individuals play an important role in the running of our company. We do not expect any material changes in the number of employees over the next 12 month period. We do and will continue to outsource contract employment as needed.

We ~~had~~engage ~~$Nil~~contractors infrom ~~cash~~time asto oftime ~~October 31, 2017, and a working capital deficit of $362,527. Until we complete another transaction, acquisition or business combination, our cash requirements will be in regards~~ to ~~maintaining our~~consult ~~corporate existence, and ensuring compliance~~ with ~~our~~us ~~Securities and~~on ~~Exchange~~specific ~~Commission~~corporate ~~continuous~~affairs ~~disclosure obligations, including our financial reporting requirements. In addition, we will require additional capital in order to investigate and conclude any future transaction, acquisition~~ or ~~business combination. In order~~ to ~~improve~~perform ~~our~~specific ~~liquidity,~~tasks ~~we plan to pursue additional equity financing from private investors or possibly a registered public offering. We do not currently have any definitive arrangements~~ in ~~place~~connection ~~for~~with the completion of any further private placement financings and there is no assurance that we will be successful in completing any further private placement financings. If we are unable to achieve the necessary additional financing, then we plan to reduce the amounts that we spend on our ~~business activities and~~ ~~administrative expenses in order to be within the amount of capital resources that are available to us~~programs.

~~Results~~Plan of ~~Operations~~Operation

~~Three~~You ~~months~~should ~~ended~~read ~~October~~the ~~31,~~following ~~2017~~discussion ~~compared~~of our financial condition and results of operations together with our unaudited financial statements and the notes to ~~three~~those unaudited financial statements included ~~months~~elsewhere ~~ended~~in ~~October~~this 31filing prepared in accordance with accounting principles generally accepted in the United States. This discussion contains forward-looking statements that reflect our plans, ~~2016~~estimates and beliefs. Our actual results could differ materially from those anticipated in these forward-looking statements.

		Three months			Three months
		ended			ended
		October 31,			October 31,
		2017			2016
Revenue	$	Nil		$	Nil
Operating Expenses	$	45,600		$	31,061
Net Loss	$	(45,600	)	$	(31,061	)

Anticipated Cash Requirements

7Based on our net loss of $11,210 incurred during the three month period ended April 30, 2018, our monthly usage rate is approximately $3,800. We estimate our operating expenses and working capital requirements for the twelve month period beginning May 1, 2018 to be as follows:

Expenses

*Estimated Expenses For the Twelve Month Period ending April 30, 2019*
Professional fees	$	60,000
General and administrative	$	150,000
Total	$	210,000

~~Our~~We ~~operating~~had ~~expenses~~$Nil ~~for~~in ~~the~~cash ~~three~~as ~~month~~of ~~periods~~April ~~ended~~30, 2018, and a working capital ~~October~~deficit 31of $371,896. ~~2017~~Until we complete another transaction, acquisition or business combination, our cash requirements will be in regards to maintaining our corporate existence, and ~~October~~ensuring 31compliance with our Securities and Exchange Commission continuous disclosure obligations, ~~2016~~including our financial reporting requirements. In addition, we will require additional capital in order to investigate and conclude any future transaction, acquisition or business combination. In order to improve our liquidity, we plan to pursue additional equity financing from private investors or possibly a registered public offering. We do not currently have any definitive arrangements in place for the completion of any further private placement financings and there is no assurance that we will be successful in completing any further private placement financings. If we are ~~outlined~~unable to achieve the necessary additional financing, then we plan to reduce the amounts that we spend on our business activities and administrative expenses in order to be within the ~~table~~amount ~~below:~~of capital resources that are available to us.

		Three months		Three months
		ended		ended
		October 31,		October 31,
		2017		2016
Professional fees	$	9,809	$	5,686
General and administrative	$	35,791	$	25,375

~~Operating~~Results ~~expenses for the three months ended October 31, 2017 increased by 46.1% as compared to the comparative period for October 31, 2016 primarily as a result~~ of anOperations increase in professional fees. Operating expenses for the nine months ended October 31, 2017 increased by 42.7% as compared to the comparative period for October 31, 2016 primarily as a result of an increase in professional fees.

~~Nine~~Three months ended ~~October~~April 3130, ~~2017~~2018 compared to ~~nine~~three months ended ~~October~~April 3130,, ~~2016~~2017.

		Nine months			Nine months
			Three months			Three months
		~~ended~~	ended		~~ended~~	ended
		October 31,			October 31,
			April 30,			April 30,
		2017			2016
			2018			2018
~~Revenue~~	$Revenue	~~Nil~~$	Nil	$	~~Nil~~$	Nil
~~Operating Expenses~~	$Operating Expenses	~~84,974~~$	11,210	$	~~59,536~~$	10,195
~~Net Loss~~	$Net Loss	~~(84,974~~$	)(11,210	$)	~~(59,536~~$	)(10,195	)

~~Expenses~~10

~~Our~~Expenses ~~operating expenses for the nine month periods ended October 31, 2017 and October 31, 2016 are outlined in the table below:~~

		Nine months		Nine months
		ended		ended
		October 31,		October 31,
		2017		2016
Professional fees	$	23,544	$	15,956
General and administrative	$	61,430	$	43,580

Our operating expenses for the three month periods ended April 30, 2018 and April 30, 2017 are outlined in the table below:

Operating expenses for the nine months ended October 31, 2017 increased by 42.7% as compared to the comparative period for October 31, 2016 primarily as a result of increases in professional fees and general and administrative expenses.

		Three months		Three months
		ended		ended
		April 30,		April 30,
		2018		2017

Professional fees	$	4,300	$	1,864
General and administrative	$	6,910	$	8,331

8Operating expenses for the three months ended April 30, 2018 increased by 10% as compared to the comparative period for April 30, 2017 primarily as a result of an increase in professional fees.

~~Revenue~~ 11

WeRevenue have not had any revenues from operations since inception (February 2, 2005). We do not anticipate that we will earn any revenues from operations unless and until we acquire and operate a profitable business. This might never happen and we can offer no assurance that even if we acquire a business that we will ever be profitable.

~~Liquidity~~We have not had any revenues from operations since inception (February 2, 2005). We do not anticipate that we will earn any revenues from operations unless and ~~Capital~~until ~~Resources~~we acquire and operate a profitable business. This might never happen and we can offer no assurance that even if we acquire a business that we will ever be profitable.

~~Working~~Liquidity and Capital Resources

		As at			As at		Percentage
		October 31,			January 31,		Increase/
		2017			2017		(Decrease)
Current Assets	$	-		$	1,500		(100	)%
Current Liabilities	$	362,527		$	279,053		29.91%
Working Capital (deficiency)	$	(362,527	)	$	(277,553	)	29.91%

Working Capital

Cash Flows

		As at			As at		Percentage
		April 30,			January 31,		Increase/
		2018			2018		(Decrease)
Current Assets	$	4,166		$	6,666		37.50%
Current Liabilities	$	376,062		$	367,352		2.37%
Working Capital (deficiency)	$	(371,896	)	$	(360,686	)	3.11%

		Nine months		Nine months
		Ended October 31,		Ended October 31,
		2017		2016
Net cash used in operating activities	$	Nil	$	Nil
Net cash provided by financing activities	$	Nil	$	Nil
Net cash used in investing activities	$	Nil	$	Nil
Net increase (decrease) in cash	$	Nil	$	Nil

Cash Flows

Operating Activities

		Three months		Three months
		Ended April,		Ended April 30,
		2018		2017
Net cash used in operating activities	$	Nil	$	Nil
Net cash provided by financing activities	$	Nil	$	Nil
Net cash used in investing activities	$	Nil	$	Nil
Net increase (decrease) in cash	$	Nil	$	Nil

WeOperating ~~did~~Activities ~~not use any cash for operating activities for the nine months ended October 31, 2017 or for the nine months ended October 31, 2016.~~

~~Financing~~We ~~Activities~~did not use any cash for operating activities for the three months ended April 30, 2018 or for the three months ended April 30, 2017.

WeFinancing ~~did~~Activities ~~not receive any cash from financing activities for the nine months ended October 31, 2017 or for the nine months ended October 31, 2016.~~

We ~~have~~did ~~suffered~~not ~~recurring~~receive ~~losses~~any cash from ~~operations.~~financing ~~The continuation~~activities offor ~~our~~the three ~~company~~months isended ~~dependent~~April ~~upon~~30, ~~our~~2018 ~~company~~or ~~attaining~~for ~~and maintaining~~the ~~profitable~~three ~~operations~~months ~~and~~ended ~~raising~~April ~~additional~~30, ~~capital as needed~~2017.

~~Future~~We ~~Financings~~have suffered recurring losses from operations. The continuation of our company is dependent upon our company attaining and maintaining profitable operations and raising additional capital as needed.

WeFuture ~~will~~Financings require additional funds to implement our growth strategy in our new business. These funds may be raised through equity financing, debt financing, or other sources, which may result in further dilution in the equity ownership of our shares.

~~There~~We ~~can~~will berequire ~~no assurance that~~ additional ~~financing~~funds ~~will be available~~ to usimplement ~~when~~our ~~needed~~growth strategy ~~or,~~in ifour ~~available,~~new ~~that it can be obtained on commercially reasonable terms~~business. IfThese wefunds ~~are~~may ~~not~~be ~~able~~raised tothrough ~~obtain the additional~~equity financing, ondebt ~~a timely basis should it be required~~financing, or ~~generate~~other ~~significant material revenues from operations~~sources, wewhich ~~will~~may ~~not~~result bein ~~able to meet our other~~further ~~obligations~~dilution asin ~~they~~the ~~become~~equity ~~due~~ownership ~~and~~of ~~we will be forced to scale down or perhaps even cease~~ our ~~operations~~shares.

9There can be no assurance that additional financing will be available to us when needed or, if available, that it can be obtained on commercially reasonable terms. If we are not able to obtain the additional financing on a timely basis should it be required, or generate significant material revenues from operations, we will not be able to meet our other obligations as they become due and we will be forced to scale down or perhaps even cease our operations.

~~Off-Balance Sheet Arrangements~~ 12

~~We have no off~~Off-~~balance~~Balance ~~sheet~~Sheet ~~arrangements~~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 are material to stockholders.

~~Critical~~We ~~Accounting~~have ~~Policies~~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 are material to stockholders.

~~The~~Critical ~~discussion~~Accounting ~~and~~Policies analysis of our financial condition and results of operations are based upon our financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States of America. Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. These estimates and assumptions are affected by management’s application of accounting policies. We believe that understanding the basis and nature of the estimates and assumptions involved with the following aspects of our financial statements is critical to an understanding of our financial statements.

The ~~accompanying~~discussion ~~unaudited interim financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information~~ and ~~the~~analysis ~~rules and regulations~~ of ~~the~~our ~~Securities and~~financial ~~Exchange~~condition ~~Commission. They do not include all information~~ and ~~footnotes~~ ~~required~~results byof ~~United~~operations ~~States~~are ~~generally~~based ~~accepted~~upon ~~accounting~~our ~~principles for complete~~ financial statements~~. However~~, ~~except~~which ~~as disclosed herein, there~~ have been no ~~material~~prepared ~~changes~~ in ~~the~~accordance ~~information~~with ~~disclosed~~accounting inprinciples ~~the~~generally ~~notes~~accepted toin the ~~financial~~ ~~statements~~United ~~for~~States ~~the~~of ~~year~~America. ~~ended~~Preparing ~~January~~financial ~~31,~~statements ~~2017~~requires ~~included~~management into make ~~our~~estimates ~~company’s~~and ~~Form 10-K~~assumptions ~~filed~~that ~~with~~affect the ~~Securities~~reported ~~and~~amounts ~~Exchange~~of ~~Commission. The unaudited interim~~assets, ~~financial~~liabilities, ~~statements~~revenue, ~~should~~and beexpenses. ~~read~~These inestimates ~~conjunction~~and ~~with~~assumptions ~~those~~are ~~financial~~affected ~~statements~~by ~~included~~management’s inapplication ~~the~~of ~~Form~~accounting ~~10-K~~policies. InWe ~~the~~believe ~~opinion of management, all~~that ~~adjustments~~understanding ~~considered~~the ~~necessary~~basis ~~for~~and anature ~~fair presentation, consisting solely~~ of ~~normal~~ ~~recurring~~the ~~adjustments,~~estimates ~~have~~and ~~been~~assumptions ~~made.~~involved with ~~Operating results for~~ the ~~nine months~~following ~~ended~~aspects ~~October~~of ~~31,~~our ~~2017~~financial ~~are~~statements ~~not~~is ~~necessarily~~critical ~~indicative~~to ~~of the results that~~an ~~may~~understanding beof ~~expected~~our ~~for~~financial ~~the full year~~statements.

~~Item~~The 3accompanying unaudited interim financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and the rules and regulations of the Securities and Exchange Commission. ~~Quantitative~~They do not include all information and ~~Qualitative~~footnotes required ~~Disclosures~~by ~~About~~United ~~Market~~States ~~Risks~~generally accepted accounting principles for complete financial statements. However, except as disclosed herein, there have been no material changes in the information disclosed in the notes to the financial statements for the year ended January 31, 2017 included in our company’s Form 10-K filed with the Securities and Exchange Commission. The unaudited interim financial statements should be read in conjunction with those financial statements included in the Form 10-K. In the opinion of management, all adjustments considered necessary for a fair presentation, consisting solely of normal recurring adjustments, have been made. Operating results for the three, months ended April 30, 2018 are not necessarily indicative of the results that may be expected for the full year.

AsItem a3. ~~“smaller~~Quantitative ~~reporting~~and ~~company”,~~Qualitative weDisclosures ~~are~~About ~~not~~Market ~~required to provide the information required by this Item.~~Risks

~~Item~~As 4.a ~~Controls~~“smaller ~~and~~reporting ~~Procedures~~company”, we are not required to provide the information required by this Item.

~~Management’s~~Item ~~Report~~4. ~~on Disclosure~~ Controls and Procedures

We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed in our reports filed under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission'Management’s ~~rules~~Report ~~and~~on ~~forms,~~Disclosure ~~and~~Controls ~~that such information is accumulated~~ and ~~communicated to our management, including our president and~~Procedures ~~chief financial officer (our principal executive officer, principal financial officer and principal accounting officer) to allow for timely decisions regarding required disclosure.~~

AsWe ofmaintain ~~the~~disclosure ~~end~~controls ofand ~~our~~procedures ~~quarter~~that ~~covered~~are designed byto ~~this~~ensure ~~report,~~that weinformation ~~carried out~~required anto ~~evaluation,~~be ~~under~~disclosed ~~the~~in ~~supervision~~our ~~and~~reports filed ~~with~~under the ~~participation~~Securities ofExchange ~~our president~~Act ~~and~~of ~~chief~~1934, ~~financial~~as ~~officer~~amended, ~~(our~~is ~~principal executive officer~~recorded, ~~principal~~processed, ~~financial~~summarized ~~officer~~ and ~~principal~~reported ~~accounting~~within ~~officer),~~the oftime periods specified in the ~~effectiveness~~Securities ofand ~~the~~Exchange ~~design~~Commission's rules and ~~operation~~forms, ofand ~~our~~that ~~disclosure~~such ~~controls~~information is accumulated and ~~procedures.~~ ~~Based~~communicated onto ~~the~~our ~~foregoing~~management, including our president and chief financial officer (our principal executive officer, principal financial officer and principal accounting officer) ~~concluded~~to ~~that~~allow ~~our~~for ~~disclosure~~timely ~~controls and procedures were~~decisions ~~not~~regarding ~~effective~~required ~~in providing reasonable assurance in the reliability of our reports as of the end of the period covered by this quarterly report~~disclosure.

10As of the end of our quarter covered by this report, we carried out an evaluation, under the supervision and with the participation of our president and chief financial officer (our principal executive officer, principal financial officer and principal accounting officer), of the effectiveness of the design and operation of our disclosure controls and procedures. Based on the foregoing, our president and chief financial officer (our principal executive officer, principal financial officer and principal accounting officer) concluded that our disclosure controls and procedures were not effective in providing reasonable assurance in the reliability of our reports as of the end of the period covered by this quarterly report.

Changes in Internal Control over Financial Reporting

During the period covered by this report there were no changes in our internal control over financial reporting that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

~~PART II - OTHER INFORMATION~~ 13

~~Item~~PART 1.II ~~Legal~~- ~~Proceedings~~OTHER INFORMATION

WeItem ~~know of no material, existing or pending legal proceedings against our company, nor are we involved as a plaintiff in any material proceeding or pending litigation~~1. ~~There~~Legal ~~are no proceedings in which any of our directors, officers or affiliates, or any registered or beneficial shareholder, is an adverse party or has a material interest adverse to our interest.~~Proceedings

We know of no material, existing or pending legal proceedings against our company, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which any of our directors, officers or affiliates, or any registered or beneficial shareholder, is an adverse party or has a material interest adverse to our interest.

Item 1A. Risk Factors

As a “smaller reporting company”, we are not required to provide the information required by this Item.

Item 2.

Unregistered Sales of Equity Securities and Use of Proceeds

None.

Item 3.

Defaults Upon Senior Securities

None.

Item 4.

Mine Safety Disclosures

Not applicable.

Item 5.

Other Information

None.

11 14

Item 6.

Exhibits

Exhibit	Description
Number
(3)	Articles of Incorporation and Bylaws
3.1	Articles of Incorporation (incorporated by reference to our Registration Statement on Form SB-2 filed on May 8, 2006)
3.2	Bylaws (incorporated by reference to our Registration Statement on Form SB-2 filed on May 8, 2006)
3.3	Amended and Restated Bylaws (incorporated by reference to our Current Report on Form 8-K filed on February 12, 2009)
3.4	Articles of Merger (incorporated by reference to our Current Report on Form 8-K filed on August 9, 2012)
3.5	Certificate of Change (incorporated by reference to our Current Report on Form 8-K filed on August 9, 2012)
3.6	Articles of Merger field with the Nevada Secretary of State on June 26, 2015 with an effective date of July 9, 2015 (incorporated by reference to our Current Report on Form 8-K filed on July 8, 2015)
(10)	Material Contracts
10.1	Option Agreement dated July 15, 2010 (incorporated by reference to our Annual Report on Form 10-K filed on December 16, 2010)
10.2	Amending Agreement between our company and Gino Chitaroni dated July 16, 2012 (incorporated by reference to our Current Report on Form 8-K filed on July 18, 2012)
10.3	Assignment Agreement between our company, Timber Wolf Gold Inc. and Gino Chitaroni dated August 13, 2012 (incorporated by reference to our Current Report on Form 8-K filed on August 20, 2012)
10.4	Subscription Agreement and Debt Settlement between or company and Patrick Laferriere effective May 21, 2013 (incorporated by reference to our Current Report on Form 8-K filed on May 24, 2013)
(14)	Code of Ethics
14.1	Code of Ethics (incorporated by reference to our Annual Report on Form 10-KSB filed on May 12, 2008)
(31)	Rule 13a-14(a) / 15d-14(a) Certifications
31.1*	Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of the Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer
31.1 *	Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of the Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer
(32)	Section 1350 Certifications
32.1*	Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 of the Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer
32.1 *	Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 of the Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer
101*	Interactive Data File
101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Extension Schema Document
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB	XBRL Taxonomy Extension Label Linkbase Document
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document

* Filed herewith.

101*	Interactive Data File

101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Extension Schema Document
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB	XBRL Taxonomy Extension Label Linkbase Document
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document

12* Filed herewith.

~~SIGNATURES~~ 15

~~Pursuant~~SIGNATURES ~~to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.~~

	ASIAN DEVELOPMENT FRONTIER INC.
	(Registrant)
Dated: December 15, 2017	/s/Prom Vuoch
	Prom Vuoch
	President, Chief Executive Officer, Chief Financial
	Officer, Secretary, Treasurer and Director
	(Principal Executive Officer, Principal Financial Officer
	and Principal Accounting Officer)

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	UNIFUNDS LIMITED
	(Registrant)



Dated: October 23, 2018	/s/Prom Vuoch
	Prom Vuoch
	President, Chief Executive Officer, Chief Financial
	Officer, Secretary, Treasurer and Director
	(Principal Executive Officer, Principal Financial Officer
	and Principal Accounting Officer)

Filing Compare · Unifunds Ltd