UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-K

(Mark One)

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

~~ANNUAL~~For ~~REPORT~~Fiscal ~~UNDER~~Year ~~SECTION~~Ended: 13May OR31, ~~15(d) OF THE SECURITIES EXCHANGE ACT OF 1934~~2017

For Fiscal Year Ended: May 31, 2016

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

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

For the transition period from __________ to __________

Commission file number: 000-52788

HK EBUS CORPORATION

(Exact name of registrant as specified in its charter)

Nevada		26-2113613
(State or other jurisdiction of incorporation or organization)		(IRS Employer Identification No.)

800 E. Colorado Blvd., Suite 888

Pasadena, CA 91101

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number: (626) 683-7330

Securities registered under Section 12(b) of the Act: None

Securities registered under Section 12(g) of the Act: Common Stock, par value $0.00001,

trading on the OTCQB of the OTC Markets Group Inc. under the symbol “HKEB”

~~Rambo~~None ~~Medical Group, Inc. 800 E. Colorado Blvd., Suite 888 Pasadena, CA 91101~~ (Former name or former address, if changed since last report)

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

Yes . [ ] No X .[X]

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Exchange Act.

Yes . [ ] No [X] ..

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes [X] . No . [ ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Yes [X] . No . [ ]

1Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. [ ]

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. . .

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

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

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes [X] . No . [ ]

As of ~~September~~August 1221, ~~2016~~2017, there were 992,192 shares of the Registrant’s common stock, par value $0.00001, issued and outstanding.

TABLE OF CONTENTS

Item Number and Caption		Page
FORWARD-LOOKING STATEMENTS		4
PART I
ITEM 1.	BUSINESS	5
ITEM 1A.	RISK FACTORS	8
ITEM 1B.	UNRESOLVED STAFF COMMENTS	12
ITEM 2.	PROPERTIES	12
ITEM 3.	LEGAL PROCEEDINGS	12
ITEM 4.	MINE SAFETY DISCLOSURES	12
PART II
ITEM 5.	MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES	1312
ITEM 6.	SELECTED FINANCIAL DATA	1413
ITEM 7.	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS	1413
ITEM 7A	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK	16
ITEM 8.	FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA	16
ITEM 9.	CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURES	1716
ITEM 9A.	CONTROLS AND PROCEDURES	1716
ITEM 9B.	OTHER INFORMATION	1817
PART III
ITEM 10.	DIRECTORS, EXECUTIVE OFFICERS, AND CORPORATE GOVERNANCE	1817
ITEM 11.	EXECUTIVE COMPENSATION	2019
ITEM 12.	SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS	20
ITEM 13.	CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE	21
ITEM 14.	PRINCIPAL ACCOUNTING FEES AND SERVICES	2221
PART IV
ITEM 15.	EXHIBITS, FINANCIAL STATEMENT SCHEDULES	2322

FORWARD-LOOKING STATEMENTS

Except for historical information, this Annual Report on Form 10-K (this “Annual Report”) contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Such forward-looking statements include, among others, those statements including the words “believes”, “anticipates”, “expects”, “intends”, “estimates”, “plans” and words of similar import. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

Forward-looking statements are based on our current expectations and assumptions regarding our business, potential target businesses, the economy and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. We caution you therefore that you should not rely on any of these forward-looking statements as statements of historical fact or as guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements include changes in local, regional, national or global political, economic, business, competitive, market (supply and demand) and regulatory conditions and the following:

·our status as a development stage company;

our ~~status~~selection asof a ~~development~~prospective ~~stage~~target ~~company;~~business or asset;

·our issuance of our capital shares or incurrence of debt to complete a business combination;

removal of our ~~selection~~securities offrom aOTC ~~prospective~~Markets ~~target~~quotation ~~business~~system, or ~~asset~~the ability to have our securities quoted on OTC Markets or listed on a national exchange following our business combination;

·our ability to consummate an attractive business combination due to our limited resources and the significant competition for business combination opportunities;

~~our~~conflicts ~~issuance~~ of ~~our~~interest ~~capital shares or incurrence~~ of ~~debt~~our toofficers ~~complete~~and ~~a business combination~~directors;

·potential current or future affiliations of our officers and directors with competing businesses;

~~removal of~~ our ~~securities from OTC Markets quotation system, or the~~ ability to ~~have~~obtain ~~our~~additional ~~securities~~financing ~~quoted~~if ~~on OTC Markets or listed on a national exchange following our business combination~~necessary;

·the control by our existing stockholders of a substantial interest in us;

our ~~ability~~being todeemed ~~consummate~~ an ~~attractive~~investment ~~business combination due to our limited resources and the significant competition for business combination opportunities~~company;

·our dependence on our key personnel;

~~conflicts~~our ofdependence ~~interest~~on ofa ~~our~~single ~~officers~~company ~~and~~after ~~directors~~our business combination;

·business and market outlook;

~~potential~~our ~~current~~and orour ~~future~~customers’ ~~affiliations~~business ofstrategies ~~our~~following ~~officers~~the ~~and~~consummation ~~directors~~of ~~with~~a ~~competing~~business ~~businesses~~combination;

·environmental, obtaining permits and other regulatory risks following the consummation of a business combination;

~~our~~foreign ~~ability~~currency tofluctuations ~~obtain~~and ~~additional~~overall ~~financing~~political ifrisk ~~necessary~~in foreign jurisdictions following the consummation of a business combination;

·operating and capital expenditures by us following the consummation of a business combination;

~~the~~our ~~control~~competitive byposition ~~our~~following ~~existing~~the ~~stockholders~~consummation of a ~~substantial~~business ~~interest in us~~combination;

·outcomes of legal proceedings following the consummation of a business combination;

~~our~~expected ~~being~~results ~~deemed~~of anoperations ~~investment~~and/or ~~company~~financial position following the consummation of a business combination;

·future effective tax rates; and

~~our~~compliance ~~dependence~~with onapplicable ~~our key personnel;~~laws.

our dependence on a single company after our business combination;

business and market outlook;

our and our customers’ business strategies following the consummation of a business combination;

environmental, obtaining permits and other regulatory risks following the consummation of a business combination;

foreign currency fluctuations and overall political risk in foreign jurisdictions following the consummation of a business combination;

operating and capital expenditures by us following the consummation of a business combination;

our competitive position following the consummation of a business combination;

outcomes of legal proceedings following the consummation of a business combination;

expected results of operations and/or financial position following the consummation of a business combination;

future effective tax rates; and

compliance with applicable laws.

These risks and others described below under Item 1A. Risk Factors are not exhaustive.

Given these uncertainties, readers of this Annual Report and investors are cautioned not to place undue reliance on such forward-looking statements. We disclaim any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future events or developments.

All references in this Annual Report to the “Company,” “HK eBus,” “we,” “us” or “our” are to HK eBus Corporation.

PART I

ITEM 1. BUSINESS

~~BUSINESS~~Business Development

~~Business~~We ~~Development~~were incorporated in the State of Nevada on November 18, 2005, under the name Cobra Oil and Gas Company. We were formed to engage in identifying, investigating, exploring, and, where determined advantageous, developing, mining, refining, and marketing oil and gas.

WeOn ~~were~~October ~~incorporated~~14, in2009, ~~the~~we ~~State~~filed a Certificate of ~~Nevada~~Amendment onto ~~November~~our ~~18,~~Articles ~~2005,~~of ~~under~~Incorporation ~~the~~to ~~name~~change ~~Cobra~~our ~~Oil~~name ~~and~~to ~~Gas~~Viper ~~Company~~Resources, Inc. Weand ~~were~~to ~~formed~~increase toour ~~engage~~authorized incapitalization ~~identifying~~from 200,000,000 ~~investigating~~shares, ~~exploring~~consisting of 100,000,000 shares of common stock, $0.00001 par value and ~~where~~100,000,000 ~~determined~~shares ~~advantageous~~of preferred stock, ~~developing~~$0.00001 par value to 400,000,000 ~~mining~~shares, ~~refining~~consisting of 300,000,000 ~~and~~shares ~~marketing~~of ~~oil~~common stock $0.00001 par value and ~~gas~~100,000,000 shares of preferred stock, $0.00001 par value.

OnSince ~~October 14~~inception, ~~2009,~~ we ~~filed~~were ain ~~Certificate~~the ofexploration ~~Amendment~~stage toas ~~our~~an ~~Articles~~oil ofand ~~Incorporation~~gas toexploration ~~change~~company. ~~our~~In ~~name~~May to2012, ~~Viper~~our ~~Resources,~~management ~~Inc.,~~determined ~~and~~to ~~increase~~discontinue our ~~authorized~~oil ~~capitalization~~and ~~from~~gas ~~200~~operations,~~000,000~~ ~~shares,~~and ~~consisting~~attempt ofto ~~100,000,000~~acquire ~~shares~~other ofassets ~~common~~or ~~stock,~~business ~~$0.00001~~operations ~~par~~that ~~value~~will ~~and~~maximize ~~100,000,000~~shareholder ~~shares~~value. ofDuring ~~preferred~~the ~~stock,~~fiscal ~~$0.00001~~year ~~par~~ended ~~value~~May ~~to 400~~31,~~000,000~~ ~~shares~~2017, ~~consisting~~we ofengaged ~~300,000,000~~in ~~shares~~no ofoil ~~common~~and ~~stock~~gas ~~$0.00001~~activities, ~~par~~had ~~value~~minimal ~~and 100~~operations,~~000,000~~ ~~shares~~and ofgenerated ~~preferred~~no ~~stock, $0~~revenues.~~00001 par value.~~

~~Since~~On ~~inception~~August 5, 2013, we ~~were~~filed ina ~~the~~Certificate ~~exploration~~of ~~stage~~Amendment asto anour ~~oil~~Articles ~~and~~of ~~gas~~Incorporation ~~exploration~~to ~~company.~~effect Ina ~~May~~1-for-100 ~~2012,~~reverse ~~our~~stock ~~management~~split ~~determined~~of ~~to discontinue~~ our ~~oil~~common ~~and~~stock ~~gas~~(the ~~operations,~~“Reverse Split”) and ~~attempt~~change our name to ~~acquire~~Rambo ~~other~~Medical ~~assets~~Group, orInc. ~~business~~The ~~operations~~Certificate ~~that~~of ~~will~~Amendment ~~maximize~~became ~~shareholder~~effective ~~value~~on August 9, 2013. ~~During~~All ~~the~~share ~~fiscal~~amounts ~~year~~referred ~~ended~~in ~~May~~this ~~31,~~Annual ~~2016,~~Report wegive ~~engaged~~effect into nothe ~~oil~~Reverse ~~and~~Split ~~gas~~including ~~activities,~~those ~~had~~applicable ~~minimal~~to ~~operations,~~periods ~~and~~prior ~~generated~~to nothe ~~revenues~~Reverse Split.

On August 531, ~~2013~~2015, we filed a Certificate of Amendment to our Articles of Incorporation to ~~effect a 1-for-100 reverse stock split of our common stock (the “Reverse Split”) and~~ change our name to ~~Rambo~~HK ~~Medical~~eBus ~~Group,~~Corporation ~~Inc.~~and ~~The~~we ~~Certificate~~changed ofour ~~Amendment~~ticker ~~became~~symbol ~~effective on August 9, 2013. All share amounts referred in this Annual Report give effect~~ to ~~the Reverse Split including those applicable to periods prior to the Reverse Split~~“HKEB”.

OnOur ~~August~~Proposed ~~31,~~Business ~~2015, we filed a Certificate of Amendment to our Articles of Incorporation to change our name to HK eBus Corporation and we changed our ticker symbol to “HKEB”.~~Activities

We intend to seek, investigate and, if such investigation warrants, engage in a business combination with a private entity whose business presents an opportunity for our shareholders. Our ~~Proposed~~objectives ~~Business~~discussed ~~Activities~~below are extremely general and are not intended to restrict our discretion. This discussion of the proposed business is not meant to be restrictive of our virtually unlimited discretion to search for and enter into potential business opportunities.

We ~~intend~~have tono ~~seek,~~particular ~~investigate~~acquisition in mind and, ifhave ~~such~~not ~~investigation~~entered ~~warrants,~~into ~~engage~~any innegotiations aregarding ~~business~~such ~~combination~~an ~~with~~acquisition aand ~~private~~neither ~~entity~~our ~~whose~~officers ~~business~~nor ~~presents~~any anaffiliate ~~opportunity~~has ~~for~~engaged ~~our~~in ~~shareholders.~~any ~~Our~~negotiations ~~objectives~~with ~~discussed~~any ~~below~~representative ~~are~~of ~~extremely~~any ~~general~~company ~~and~~regarding ~~are~~the ~~not~~possibility ~~intended~~of toan ~~restrict~~acquisition ~~our~~or ~~discretion.~~merger ~~This~~between ~~discussion~~our ofcompany ~~the~~and ~~proposed~~such ~~business~~other iscompany. We have not ~~meant~~yet toentered beinto ~~restrictive~~any ofagreement, ~~our~~nor ~~virtually~~do ~~unlimited~~we ~~discretion~~have toany ~~search~~commitment ~~for~~or ~~and~~understanding to enter into ~~potential~~or ~~business~~become ~~opportunities~~engaged in a transaction.

We ~~have~~will nonot ~~particular~~restrict ~~acquisition~~our inpotential ~~mind~~candidate ~~and~~target ~~have~~companies ~~not~~to ~~entered into~~ any ~~negotiations~~specific ~~regarding~~business, ~~such~~industry anor ~~acquisition~~geographical location and, ~~neither~~thus, ~~our~~may ~~officers~~acquire ~~nor~~ any ~~affiliate~~type ~~has~~of ~~engaged~~business. inFurther, ~~any~~we ~~negotiations~~may ~~with~~acquire ~~any~~a ~~representative~~venture ofwhich ~~any~~is ~~company~~in ~~regarding~~its ~~the~~preliminary ~~possibility~~or ofdevelopment anstage, ~~acquisition~~one which is already in operation, or ~~merger~~in ~~between~~a ~~our~~more ~~company~~mature ~~and~~stage ~~such~~of ~~other~~its ~~company~~corporate existence. WeAccordingly, ~~have~~business ~~not~~opportunities ~~yet~~may ~~entered~~be ~~into~~available ~~any~~in ~~agreement~~many different industries and at various stages of development, ~~nor~~all doof wewhich ~~have~~will ~~any~~make ~~commitment~~the ortask ~~understanding~~of tocomparative ~~enter~~investigation ~~into~~and oranalysis ~~become~~of ~~engaged~~such inbusiness aopportunities ~~transaction~~difficult and complex.

We ~~will~~believe ~~not~~that ~~restrict~~there ~~our~~are ~~potential~~numerous ~~candidate~~firms ~~target~~seeking ~~companies~~the toperceived ~~any~~benefits ~~specific business, industry or geographical location and, thus, may acquire any type~~ of ~~business. Further, we may acquire~~ a ~~venture~~publicly ~~which~~registered ~~is in its preliminary or development stage, one which is already in operation, or in a more mature stage of its corporate existence~~corporation. ~~Accordingly,~~These ~~business~~benefits ~~opportunities~~are ~~may~~commonly bethought ~~available~~to ininclude ~~many different industries and at various stages of development, all of which will make~~ the ~~task of comparative investigation and analysis of such business opportunities difficult and complex.~~following:

~~We believe that there are numerous firms seeking~~ the ~~perceived~~ability ~~benefits~~to ofuse ~~a publicly~~ registered ~~corporation.~~securities ~~These benefits are commonly thought~~ to ~~include~~acquire ~~the~~assets ~~following:~~or businesses;

·increased visibility in the marketplace;

~~the~~ease ~~ability~~of toborrowing ~~use~~from ~~registered~~financial ~~securities to acquire assets or businesses~~institutions;

·improved stock trading efficiency;

~~increased~~shareholder ~~visibility in the marketplace~~liquidity;

·greater ease in subsequently raising capital;

~~ease~~compensation of ~~borrowing~~key ~~from~~employees ~~financial~~through ~~institutions;~~stock options;

·enhanced corporate image; and

~~improved~~a ~~stock~~presence ~~trading~~in ~~efficiency;~~the United States capital market.

·We have not conducted market research and are not aware of statistical data to support the perceived benefits of a merger or acquisition transaction for the owners of a business opportunity.

~~shareholder liquidity;~~5

·Target companies interested in a business combination with us may include the following:

~~greater~~a ~~ease~~company infor ~~subsequently~~whom ~~raising~~a ~~capital~~primary purpose of becoming public is the use of its securities for the acquisition of other assets or businesses;

·a company which is unable to find an underwriter of its securities or is unable to find an underwriter of securities on terms acceptable to it;

~~compensation~~a ofcompany ~~key~~which ~~employees~~desires ~~through~~to become public with less dilution of its common stock ~~options~~than would occur upon an underwriting;

5a company which believes that it will be able to obtain investment capital on more favorable terms after it has become public;

·a foreign company which may wish an initial entry into the United States securities market;

~~enhanced~~a ~~corporate~~special ~~image~~situation company, such as a company seeking a public market to satisfy redemption requirements under a qualified employee stock option plan; and

·a company seeking one or more of the other mentioned perceived benefits of becoming a public company.

We anticipate seeking out a ~~presence~~target inbusiness through solicitation. Such solicitation may include newspaper or magazine advertisements, mailings and other distributions to law firms, accounting firms, investment bankers, financial advisors and similar persons, the ~~United~~use ~~States~~of ~~capital~~one ~~market~~or more websites and similar methods. No estimate can be made as to the number of persons who will be contacted or solicited.

WeThe ~~have~~analysis ~~not~~of ~~conducted~~new ~~market~~business ~~research~~opportunities ~~and~~will ~~are~~be ~~not~~undertaken ~~aware~~by ofor ~~statistical~~under ~~data~~the tosupervision ~~support~~of ~~the~~our ~~perceived~~executive ~~benefits~~officers and directors, none of whom is a ~~merger~~business analyst. Therefore, it is anticipated that outside consultants or ~~acquisition~~advisors ~~transaction~~may ~~for~~be utilized to assist us in the ~~owners~~search for and analysis of aqualified ~~business~~target ~~opportunity~~companies.

~~Target~~A ~~companies~~decision ~~interested~~to participate in a specific business ~~combination~~opportunity ~~with~~will usbe ~~may~~made ~~include~~based upon our analysis of the ~~following:~~quality of the prospective business opportunity’s management and personnel, assets, the anticipated acceptability of products or marketing concepts, the merit of a proposed business plan, and numerous other factors which are difficult, if not impossible, to analyze using any objective criteria. We have unrestricted flexibility in seeking, analyzing and participating in potential business opportunities.

·In our efforts to analyze potential acquisition targets, we will consider the following factors:

apotential ~~company~~ for ~~whom~~growth, aindicated ~~primary~~by ~~purpose~~new oftechnology, ~~becoming~~anticipated ~~public~~market isexpansion ~~the use of its securities for the acquisition of other assets~~ or ~~businesses~~new products;

·competitive position as compared to other firms of similar size and experience within the industry segment as well as within the industry as a whole;

astrength ~~company~~and ~~which~~diversity isof ~~unable~~management, toeither ~~find~~in anplace ~~underwriter of its securities~~ or isscheduled ~~unable~~for ~~to find an underwriter of securities on terms acceptable to it~~recruitment;

·capital requirements and anticipated availability of required funds, to be provided by our company or from operations, through the sale of additional securities, through joint ventures or similar arrangements or from other sources;

athe ~~company~~cost ~~which~~of ~~desires~~participation toby ~~become~~our ~~public~~company ~~with~~as ~~less~~compared ~~dilution~~to ofthe ~~its~~perceived ~~common~~tangible ~~stock~~and ~~than~~intangible ~~would~~values ~~occur~~and ~~upon an underwriting~~potentials;

·the extent to which the business opportunity can be advanced;

athe ~~company~~accessibility ~~which~~of ~~believes~~required ~~that~~management itexpertise, ~~will~~personnel, beraw ~~able~~materials, toservices, ~~obtain~~professional ~~investment~~assistance ~~capital~~and onother ~~more~~required ~~favorable terms after it has become public~~items; and

·other relevant factors.

aIn ~~foreign~~applying ~~company~~the foregoing criteria, no one of which ~~may~~will ~~wish~~be ancontrolling, ~~initial~~management ~~entry~~will ~~into~~attempt ~~the~~to ~~United~~analyze ~~States~~all ~~securities~~factors ~~market;~~and circumstances and make a determination based upon reasonable investigative measures and available data.

·Potentially available business opportunities may occur in many different industries, and at various stages of development, all of which will make the task of comparative investigation and analysis of such business opportunities extremely difficult and complex. Due to our limited capital available for investigation, we may not discover or adequately evaluate adverse facts about the opportunity to be acquired.

In implementing a ~~special~~structure ~~situation~~for ~~company~~a particular business acquisition, ~~such~~we asmay become a ~~company~~party ~~seeking~~to a ~~public~~merger, ~~market~~consolidation, toreorganization, ~~satisfy~~joint ~~redemption~~venture, ~~requirements~~or ~~under~~licensing aagreement ~~qualified~~with ~~employee~~another entity. We also may acquire stock ~~option~~or ~~plan;~~assets of an existing business. On the consummation of a transaction it is probable that the present management and shareholders of the company will no longer be in control of the company. In addition, our officers and directors, as part of the terms of the acquisition transaction, likely will be required to resign and be replaced by one or more new officers and directors without a vote of our shareholders.

·It is anticipated that any securities issued in any such reorganization would be issued in reliance upon exemption from registration under applicable federal and state securities laws. In some circumstances, however, as a negotiated element of a transaction, we may agree to register all or a part of such securities immediately after the transaction is consummated or at specified times thereafter. The issuance of substantial additional securities and their potential sale into any trading market which may develop in our securities may have a depressive effect on that market.

~~a company seeking one or more of the other mentioned perceived benefits of becoming a public company.~~6

WeWhile ~~anticipate~~the ~~seeking~~actual ~~out~~terms of a ~~target~~transaction ~~business~~to ~~through~~which ~~solicitation.~~we ~~Such solicitation~~ may ~~include~~be ~~newspaper~~a orparty ~~magazine~~cannot ~~advertisements~~be predicted, ~~mailings~~it ~~and~~may ~~other~~be ~~distributions~~expected tothat ~~law~~the ~~firms,~~parties ~~accounting~~to ~~firms,~~the ~~investment~~business ~~bankers,~~transaction ~~financial~~will ~~advisors~~find ~~and~~it ~~similar~~desirable ~~persons,~~to avoid the ~~use~~creation of ~~one~~a ortaxable ~~more~~event ~~websites~~ and ~~similar~~thereby ~~methods.~~structure Nothe ~~estimate~~acquisition ~~can~~as bea ~~made~~“tax-free” asreorganization tounder ~~the~~Sections ~~number~~351 or 368 of ~~persons~~the ~~who~~Internal ~~will~~Revenue beCode ~~contacted~~of or1986, ~~solicited~~as amended.

~~The~~With ~~analysis~~respect ofto ~~new~~any ~~business~~merger ~~opportunities~~or ~~will~~acquisition, benegotiations ~~undertaken~~with bytarget orcompany ~~under~~management are expected to focus on the ~~supervision~~percentage of our ~~executive~~company ~~officers~~which ~~and~~the ~~directors,~~target ~~none~~company shareholders would acquire in exchange for all of ~~whom~~their isshareholdings ain ~~business~~the ~~analyst~~target company. ~~Therefore~~Depending upon, itamong isother ~~anticipated~~things, ~~that~~the ~~outside~~target ~~consultants~~company’s assets and liabilities, our shareholders will in all likelihood hold a substantially lesser percentage ownership interest in our company following any merger or ~~advisors~~acquisition. The percentage ownership may be ~~utilized~~subject to ~~assist~~significant usreduction in the ~~search~~event ~~for~~we ~~and~~acquire ~~analysis~~a target company with substantial assets. Any merger or acquisition effected by us can be expected to have a significant dilutive effect on the percentage of ~~qualified~~shares ~~target~~held ~~companies~~by our shareholders at such time.

AWe ~~decision~~will to participate in a ~~specific~~ business opportunity ~~will~~only beafter ~~made~~the ~~based~~negotiation ~~upon~~and ~~our~~execution ~~analysis~~ of appropriate agreements. Although the ~~quality~~terms of ~~the~~such ~~prospective~~agreements ~~business~~cannot ~~opportunity’s~~be ~~management~~predicted, generally such agreements will require certain representations and ~~personnel,~~warranties ~~assets,~~of the ~~anticipated~~parties ~~acceptability~~thereto, ofwill ~~products~~specify orcertain ~~marketing~~events ~~concepts~~of default, will detail the ~~merit~~terms of aclosing ~~proposed~~and ~~business~~the ~~plan,~~conditions ~~and~~which ~~numerous~~must ~~other~~be ~~factors~~satisfied ~~which~~by ~~are~~the ~~difficult,~~parties ifprior ~~not~~to ~~impossible~~and after such closing, towill ~~analyze~~outline ~~using~~the ~~any~~manner ~~objective~~of ~~criteria.~~bearing Wecosts, ~~have~~including ~~unrestricted~~costs ~~flexibility~~associated inwith ~~seeking,~~our ~~analyzing~~attorneys and ~~participating~~accountants, inand ~~potential~~will ~~business~~include ~~opportunities~~miscellaneous other terms.

InWe are presently subject to all of the reporting requirements included in the Exchange Act. Included in these requirements is our ~~efforts~~duty to ~~analyze~~file ~~potential~~audited financial statements as part of our Form 8-K to be filed with the Securities and Exchange Commission (“SEC”) upon consummation of a merger or acquisition, ~~targets~~as well as our audited financial statements included in its annual report on Form 10-K. If such audited financial statements are not available at closing, weor within time parameters necessary to insure our compliance with the requirements of the Exchange Act, or if the audited financial statements provided do not conform to the representations made by the target company, the closing documents may provide that the proposed transaction will ~~consider~~be voidable at the ~~following~~discretion ~~factors:~~of our present management.

·It is anticipated that the investigation of specific business opportunities and the negotiation, drafting and execution of relevant agreements, disclosure documents and other instruments will require substantial management time and attention and substantial cost for accountants, attorneys and others. If a decision is made not to participate in a specific business opportunity, the costs theretofore incurred in the related investigation would not be recoverable. Furthermore, even if an agreement is reached for the participation in a specific business opportunity, the failure to consummate that transaction may result in our loss of the related costs incurred.

~~potential~~Under ~~for~~SEC ~~growth~~Rule 12b-2 under the Securities Act, ~~indicated~~we byare ~~new~~deemed ~~technology~~to be a “shell company,” ~~anticipated~~because we have nominal assets (other than cash) and nominal operations. Management does not intend to undertake any efforts to cause a market ~~expansion~~to develop in our securities, either debt or ~~new~~equity, ~~products;~~until we have successfully concluded a business combination. We intend to comply with the periodic reporting requirements of the Exchange Act for so long as we are subject to such requirements.

·Competition

~~competitive~~We ~~position~~expect asto ~~compared~~encounter substantial competition in our efforts to acquire a business opportunity. The primary competition is from other ~~firms~~companies oforganized and funded for similar ~~size~~purposes, small venture capital partnerships and ~~experience~~corporations, ~~within~~small ~~the~~business ~~industry~~investment ~~segment~~companies asand ~~well~~wealthy asindividuals. ~~within~~In ~~the~~view ~~industry~~of asour limited financial resources and limited management availability, we may be at a ~~whole;~~competitive disadvantage compared to our competitors.

·Employees

~~strength~~We presently have no employees apart from our management. Each of our officers is engaged in outside business activities and ~~diversity~~anticipates that he will devote to our business very limited time until the acquisition of ~~management,~~a ~~either~~successful business opportunity has been identified. We expect no significant changes in ~~place~~the ornumber ~~scheduled~~of ~~for~~our ~~recruitment;~~employees other than such changes, if any, incident to a business combination.

·We intend to hire additional management and other support personnel when we have reached a point in our proposed growth that would allow for such employment. In the interim, we will rely upon consultants to assist us in identifying and investigating acquisition opportunities.

capital requirements and anticipated availability of required funds, to be provided by our company or from operations, through the sale of additional securities, through joint ventures or similar arrangements or from other sources;7

·Reports to Security Holders

We file annual, quarterly and current reports and other information with the ~~cost~~SEC. ofReports, ~~participation~~statements byand ~~our~~other ~~company~~information asthat ~~compared~~we tofile with the ~~perceived~~SEC ~~tangible~~may be read and/or ~~intangible~~copied ~~values~~at the SEC’s public reference room at 100 F Street, N.E., Washington, D.C. 20549. Please call the SEC at (202) 551-8090 for further information on the public reference room. These SEC filings are also available to the public from commercial document retrieval services and ~~potentials;~~at the Internet site maintained by the SEC at http://www.sec.gov.

·We currently do not have an Internet website.

~~the~~ITEM ~~extent~~1A. toRISK ~~which the business opportunity can be advanced;~~FACTORS

·An investment in our common stock involves a high degree of risk. You should carefully consider the following risk factors before deciding to invest in our company. If any of the following risks actually occur, our business, financial condition, results of operations and prospects for growth would likely suffer. As a result, you may lose all or part of your investment in our company.

~~the~~We ~~accessibility~~are ofa ~~required~~development ~~management~~stage ~~expertise,~~company ~~personnel,~~and ~~raw~~may ~~materials,~~never ~~services,~~be ~~professional~~able ~~assistance~~to ~~and~~effectuate ~~other~~our ~~required~~business ~~items; and~~plan.

·Since inception, we were in the exploration stage as an oil and gas exploration company. In May 2012, our management determined to discontinue our oil and gas operations, and attempt to acquire other assets or business operations that will maximize shareholder value. We intend to seek, investigate and, if such investigation warrants, engage in a business combination with a private entity whose business presents an opportunity for our shareholders. As a development stage company we may not be able to successfully effectuate our business plan. There can be no assurance that we will ever achieve any revenues or profitability. The revenue and income potential of our proposed business and operations is unproven as the lack of operating history makes it difficult to evaluate the future prospects of our business.

~~other~~We ~~relevant~~require ~~factors~~financing to acquire businesses and implement our business plan. We cannot be certain that we will be successful in obtaining financing or acquiring businesses, or in operating those acquired businesses in a profitable manner.

InWe ~~applying~~expect ~~the~~losses ~~foregoing~~in ~~criteria,~~the nofuture ~~one~~because ofwe ~~which~~have ~~will~~no ~~be controlling, management will attempt to analyze all factors and circumstances and make a determination based upon reasonable investigative measures and available data~~revenue.

~~Potentially~~As ~~available~~we ~~business~~have ~~opportunities~~no ~~may~~current ~~occur~~revenue, inwe ~~many~~are ~~different~~expecting ~~industries,~~losses ~~and~~over atthe ~~various~~next ~~stages~~12 ofmonths ~~development,~~because ~~all~~we ofdo ~~which~~not ~~will~~yet ~~make~~have ~~the~~any ~~task~~revenues ofto ~~comparative~~offset ~~investigation~~the ~~and~~expenses ~~analysis~~associated ofwith ~~such~~our business ~~opportunities~~plan. ~~extremely~~We ~~difficult~~cannot ~~and~~guarantee ~~complex~~that we will ever be successful in generating revenues in the future. ~~Due~~We torecognize ~~our~~that ~~limited~~if ~~capital~~we ~~available~~are ~~for~~unable ~~investigation~~to generate revenues, we ~~may~~will not ~~discover~~be able to earn profits or ~~adequately~~continue ~~evaluate~~operations. ~~adverse~~There ~~facts~~is ~~about~~no ~~the~~history ~~opportunity~~upon which to bebase ~~acquired~~any assumption as to the likelihood that we will prove successful, and we can provide investors with no assurance that we will generate any operating revenues or ever achieve profitable operations.

InIf ~~implementing~~our abusiness ~~structure~~plans ~~for~~are anot ~~particular business acquisition~~successful, we may ~~become~~not abe ~~party~~able to acontinue ~~merger,~~operations ~~consolidation,~~as ~~reorganization, joint venture, or licensing agreement with another entity. We also may acquire stock or assets of an existing business. On the consummation of~~ a ~~transaction~~going itconcern ~~is probable that the present management~~ and ~~shareholders~~our ofstockholders ~~the~~may ~~company~~lose ~~will~~their noentire ~~longer~~investment be in ~~control of the company~~us. In addition, our officers and directors, as part of the terms of the acquisition transaction, likely will be required to resign and be replaced by one or more new officers and directors without a vote of our shareholders.

6Since inception, we have had no revenues and incurred a cumulative net loss of $7,245,451 through May 31, 2017. This raises substantial doubt about our ability to continue as a going concern. We will, in all likelihood, sustain operating expenses without corresponding revenues, at least until the consummation of a business combination. This may result in our incurring a net operating loss that will increase continuously until we can consummate a business combination with a profitable business opportunity. We cannot be certain that we can identify a suitable business opportunity and consummate a business combination. If we cannot continue as a going concern, our stockholders may lose their entire investment in us.

ItWe isdo ~~anticipated~~not ~~that~~have any ~~securities~~definitive ~~issued~~agreements infor ~~any such reorganization would be issued in reliance upon exemption from registration under applicable federal and state securities laws. In some circumstances, however, as~~ a ~~negotiated~~business ~~element~~combination ~~of a transaction, we may agree to register all~~ or aother ~~part of such securities immediately after the~~ transaction ~~is consummated or at specified times thereafter~~. ~~The issuance of substantial additional securities and their potential sale into any trading market which may develop in our securities may have a depressive effect on that market.~~

~~While~~We ~~the~~have ~~actual~~no ~~terms~~present ofarrangement, aagreement ~~transaction~~or tounderstanding ~~which~~with werespect ~~may~~to beengaging in a ~~party~~merger ~~cannot~~with, bejoint ~~predicted~~venture with or acquisition of, itany ~~may~~private or public entity. We cannot be ~~expected~~certain that ~~the~~we ~~parties~~will tosuccessfully ~~the~~identify and evaluate suitable business ~~transaction~~opportunities or that we will ~~find~~conclude ita ~~desirable~~business tocombination. ~~avoid~~Management ~~the~~has ~~creation~~not ofidentified any particular industry or specific business within an industry for evaluation. We cannot guarantee that we will be able to negotiate a ~~taxable~~business ~~event~~combination ~~and~~on ~~thereby~~favorable ~~structure~~terms, ~~the~~and ~~acquisition~~there asis consequently a ~~“tax-free”~~risk ~~reorganization~~that ~~under~~future ~~Sections~~funds ~~351~~allocated orto ~~368~~the purchase of ~~the~~our ~~Internal~~shares ~~Revenue~~will ~~Code~~not ofbe ~~1986,~~invested asin ~~amended~~a company with active business operations.

With respect to any merger or acquisition, negotiations with target company management are expected to focus on the percentage of our company which the target company shareholders would acquire in exchange for all of their shareholdings in the target company. Depending upon, among other things, the target company’s assets and liabilities, our shareholders will in all likelihood hold a substantially lesser percentage ownership interest in our company following any merger or acquisition. The percentage ownership may be subject to significant reduction in the event we acquire a target company with substantial assets. Any merger or acquisition effected by us can be expected to have a significant dilutive effect on the percentage of shares held by our shareholders at such time.8

WeFuture ~~will~~success ~~participate~~is inhighly adependent ~~business~~on ~~opportunity only after~~ the ~~negotiation~~ability ~~and execution~~ of ~~appropriate~~management agreements. Although the terms of such agreements cannot be predicted, generally such agreements will require certain representations and warranties of the parties thereto, will specify certain events of default, will detail the terms of closing and the conditions which must be satisfied by the parties prior to ~~and~~locate ~~after such closing, will outline the manner of bearing costs, including costs associated with our attorneys~~ and ~~accountants,~~attract ~~and~~a ~~will~~suitable ~~include miscellaneous other terms~~acquisition.

WeThe ~~are~~success ~~presently~~of ~~subject~~our toproposed ~~all~~plan of ~~the~~operation ~~reporting~~will ~~requirements~~depend ~~included~~to ina ~~the~~great ~~Exchange~~extent ~~Act.~~on ~~Included~~the inoperations, ~~these~~financial ~~requirements~~condition isand ~~our~~management ~~duty~~of toany ~~file~~identified ~~audited~~target ~~financial~~company. ~~statements~~While asbusiness ~~part~~combinations ofwith ~~our~~entities ~~Form~~having ~~8-K~~established tooperating behistories ~~filed~~are ~~with~~preferred, ~~the~~there ~~Securities~~can ~~and~~be ~~Exchange~~no ~~Commission~~assurance ~~(“SEC”)~~that ~~upon~~we ~~consummation~~will ofbe asuccessful ~~merger~~in orlocating ~~acquisition,~~candidates asmeeting ~~well~~such ascriteria. ~~our~~The ~~audited~~decision ~~financial~~to ~~statements~~enter ~~included~~into ina ~~its~~business ~~annual~~combination ~~report~~will onlikely ~~Form~~be ~~10-K.~~made Ifwithout ~~such~~detailed ~~audited~~feasibility ~~financial~~studies, ~~statements~~independent ~~are~~analysis, ~~not~~market ~~available~~surveys ator ~~closing~~similar information which, orif ~~within~~we ~~time~~had ~~parameters~~more ~~necessary~~funds available to ~~insure~~it, ~~our~~would ~~compliance~~be ~~with~~desirable. In the ~~requirements~~event ofwe ~~the~~complete ~~Exchange~~a ~~Act,~~business orcombination if the ~~audited~~success ~~financial~~of ~~statements~~our ~~provided~~operations dowill ~~not~~be ~~conform~~dependent toupon ~~the~~management ~~representations~~of ~~made by~~ the target company, ~~the~~and ~~closing~~numerous ~~documents~~other ~~may~~factors ~~provide~~beyond ~~that~~our ~~the~~control. ~~proposed~~We ~~transaction~~cannot be certain that we will beidentify ~~voidable~~a attarget ~~the~~company ~~discretion~~and ofconsummate ~~our~~a ~~present~~business ~~management~~combination.

ItThere is ~~anticipated~~competition that the investigation of specific business opportunities and the negotiation, drafting and execution of relevant agreements, disclosure documents and other instruments will require substantial management time and attention and substantial cost for ~~accountants,~~those ~~attorneys~~private ~~and~~companies ~~others.~~suitable If a decision is made not to participate in a specific business opportunity, the costs theretofore incurred in the related investigation would not be recoverable. Furthermore, even if an agreement is reached for ~~the participation in~~ a ~~specific~~merger ~~business opportunity, the failure to consummate that~~ transaction ~~may result in our loss~~ of the ~~related~~type ~~costs~~contemplated ~~incurred~~by management.

~~Under~~We ~~SEC~~are ~~Rule~~in ~~12b-2~~a ~~under~~highly competitive market for a small number of business opportunities which could reduce the ~~Securities~~likelihood ~~Act,~~of weconsummating a successful business combination. We are ~~deemed~~and will continue to be aan ~~“shell~~insignificant ~~company~~participant in the business of seeking mergers with,” ~~because~~joint weventures ~~have~~with ~~nominal~~and ~~assets~~acquisitions ~~(other~~of ~~than~~small ~~cash)~~private and ~~nominal~~public ~~operations~~entities. ~~Management~~A ~~does~~large ~~not~~number ~~intend~~of toestablished ~~undertake~~and ~~any~~well-financed ~~efforts~~entities, toincluding ~~cause~~small apublic ~~market~~companies toand ~~develop~~venture capital firms, are active in ~~our~~mergers ~~securities,~~and ~~either~~acquisitions ~~debt~~of orcompanies ~~equity~~that may be desirable target candidates for us. Nearly all these entities have significantly greater financial resources, ~~until~~technical expertise and managerial capabilities than we ~~have~~do; ~~successfully~~consequently, ~~concluded~~we will be at a ~~business~~competitive ~~combination.~~disadvantage Wein ~~intend~~identifying topossible ~~comply~~business ~~with~~opportunities ~~the~~and ~~periodic~~successfully ~~reporting~~completing ~~requirements~~a ofbusiness ~~the~~combination. ~~Exchange~~These ~~Act~~competitive ~~for~~factors somay ~~long~~reduce asthe welikelihood ~~are~~of ~~subject~~our toidentifying ~~such~~and ~~requirements.~~consummating a successful business combination.

~~Competition~~Management intends to devote only a limited amount of time to seeking a target company which may adversely impact our ability to identify a suitable acquisition candidate.

WeWhile ~~expect~~seeking toa ~~encounter~~business ~~substantial~~combination, ~~competition~~management inanticipates ~~our~~devoting ~~efforts~~very limited time to ~~acquire~~our aaffairs ~~business~~in ~~opportunity~~total. ~~The~~None ~~primary~~of ~~competition~~our isofficers ~~from~~has ~~other~~entered ~~companies~~into ~~organized~~a ~~and~~written ~~funded~~employment ~~for~~agreement ~~similar~~with ~~purposes,~~us ~~small~~and ~~venture~~is ~~capital~~not ~~partnerships~~expected ~~and~~to ~~corporations,~~do ~~small~~so ~~business~~in ~~investment~~the ~~companies~~foreseeable ~~and wealthy individuals~~future. InThis ~~view of our~~ limited ~~financial~~commitment ~~resources~~may ~~and~~adversely ~~limited~~impact ~~management~~our ~~availability,~~ability weto ~~may~~identify beand atconsummate a ~~competitive~~successful ~~disadvantage~~business ~~compared to our competitors~~combination.

~~Employees~~We are dependent on the services of our executive officers to obtain capital required to implement our business plan and for identifying, investigating, negotiating and integrating potential acquisition opportunities. The loss of services of senior management could have a substantial adverse effect on us. The expansion of our business will be largely contingent on our ability to attract and retain highly qualified corporate and operations level management team. We cannot be certain that we will find suitable management personnel or will have financial resources to attract or retain such people if found.

WeThe ~~presently~~time ~~have~~and nocost ~~employees apart from our management. Each~~ of ~~our~~preparing ~~officers~~a isprivate ~~engaged~~company into ~~outside~~become ~~business~~a ~~activities~~public ~~and~~reporting ~~anticipates~~company ~~that~~may hepreclude ~~will~~us ~~devote~~from toentering ~~our~~into ~~business~~a ~~very~~merger ~~limited~~or ~~time until the~~ acquisition ofwith ~~a successful business opportunity has been identified. We expect no significant changes in~~ the ~~number~~most ofattractive ~~our~~private ~~employees other than such changes, if any, incident to a business combination~~companies.

WeTarget ~~intend~~companies tothat ~~hire~~fail ~~additional~~to ~~management~~comply ~~and~~with ~~other~~SEC ~~support~~reporting ~~personnel~~requirements ~~when~~may wedelay ~~have~~or ~~reached~~preclude aacquisition. ~~point~~Sections in13 ~~our~~and ~~proposed~~15(d) ~~growth~~of ~~that~~the ~~would~~Exchange ~~allow~~Act ~~for~~require ~~such~~reporting ~~employment.~~companies Into ~~the~~provide ~~interim,~~certain weinformation ~~will~~about ~~rely~~significant ~~upon~~acquisitions, ~~consultants~~including toaudited ~~assist~~financial usstatements infor ~~identifying~~the ~~and~~company ~~investigating acquisition opportunities~~acquired.

7The time and additional costs that may be incurred by some target entities to prepare these statements may significantly delay or essentially preclude consummation of an acquisition. Otherwise suitable acquisition prospects that do not have or are unable to obtain the required audited statements may be inappropriate for acquisition so long as the reporting requirements of the Exchange Act are applicable.

~~Reports~~We may be subject to ~~Security~~further ~~Holders~~government regulation which would adversely affect our operations.

WeAlthough ~~file~~we ~~annual~~are subject to the reporting requirements under the Exchange Act, ~~quarterly~~management ~~and~~believes ~~current~~we ~~reports~~will ~~and~~not ~~other~~be ~~information~~subject ~~with~~to regulation under the ~~SEC.~~Investment ~~Reports~~Company Act of 1940, ~~statements~~as ~~and~~amended ~~other~~(the ~~information~~“Investment ~~that~~Company Act”), since we ~~file~~will ~~with~~not ~~the~~be ~~SEC~~engaged ~~may~~in bethe ~~read~~business ~~and/~~of investing or ~~copied~~trading atin ~~the~~securities. ~~SEC’s~~If ~~public~~we ~~reference~~engage ~~room~~in atbusiness ~~100~~combinations Fwhich ~~Street~~result in our holding passive investment interests in a number of entities, Nwe could be subject to regulation under the Investment Company Act.~~E.,~~ ~~Washington~~If so, ~~D.C.~~we ~~20549.~~would ~~Please~~be ~~call~~required ~~the~~to ~~SEC~~register atas ~~(202)~~an ~~551-8090~~investment ~~for~~company ~~further~~and ~~information~~could onbe ~~the~~expected ~~public~~to ~~reference~~incur ~~room~~significant registration and compliance costs. ~~These~~We ~~SEC~~have ~~filings~~obtained ~~are~~no ~~also~~formal ~~available~~determination tofrom the ~~public~~SEC ~~from~~as ~~commercial~~to ~~document~~our ~~retrieval~~status ~~services~~under the Investment Company Act and, atconsequently, violation of the ~~Internet~~Investment ~~site~~Company ~~maintained~~Act bycould ~~the~~subject ~~SEC~~us atto ~~http://www~~material adverse consequences.~~sec.gov.~~

~~We currently do not have an Internet site.~~9

~~ITEM~~Any 1Apotential acquisition or merger with a foreign company may subject us to additional risks.

~~RISK~~If ~~FACTORS~~we enter into a business combination with a foreign concern, we will be subject to risks inherent in business operations outside of the United States. These risks include, for example, currency fluctuations, regulatory problems, punitive tariffs, unstable local tax policies, trade embargoes, risks related to shipment of raw materials and finished goods across national borders and cultural and language differences. Foreign economies may differ favorably or unfavorably from the United States economy in growth of gross national product, rate of inflation, market development, rate of savings, and capital investment, resource self-sufficiency and balance of payments positions, and in other respects.

AnWe ~~investment~~may inneed ~~our~~to ~~common~~raise ~~stock~~additional ~~involves~~capital ato ~~high~~expand ~~degree~~our ofoperations ~~risk.~~and ~~You~~execute ~~should~~our ~~carefully~~business ~~consider~~plan. ~~the~~If ~~following risk factors before deciding to invest in~~ our ~~company.~~operations Ifdo ~~any~~not ofproduce the ~~following~~necessary ~~risks~~cash ~~actually occur~~flow, ~~our~~or ~~business,~~if ~~financial~~we ~~condition,~~cannot ~~results~~obtain ofneeded ~~operations and prospects for growth would likely suffer. As a result~~funds, ~~you~~we may ~~lose~~be ~~all~~forced to reduce or ~~part~~cease ofour ~~your~~activities ~~investment~~with inconsequent ~~our~~loss ~~company~~to investors.

We ~~are~~have a ~~development~~need ~~stage~~for ~~company~~cash in order to pay obligations currently due in a timely manner, and ~~may~~to ~~never~~finance our business operations. Our continued operations will depend upon the sustainability of cash flow from our ability to raise additional funds, as required, through equity or debt financing. There is no assurance that we will be able to ~~effectuate~~obtain additional funding when it is needed, or that such funding, if available, will be obtainable on terms acceptable to us. If we cannot obtain needed funds, we may be forced to reduce or cease our ~~business~~activities ~~plan~~with consequent loss to investors. In addition, should we incur significant presently unforeseen expenses or delays, we may not be able to accomplish our goals.

~~Since~~If ~~inception,~~ we ~~were~~fail ~~in the exploration stage as an oil and gas exploration company. In May 2012, our management determined~~ to ~~discontinue~~develop ~~our oil~~ and ~~gas~~maintain ~~operations,~~an ~~and~~effective ~~attempt~~system toof ~~acquire~~internal ~~other assets or business operations that will maximize shareholder value. We intend to seek~~controls, ~~investigate and, if such investigation warrants, engage in a business combination with a private entity whose business presents an opportunity for our shareholders. As a development stage company~~ we may not be able to ~~successfully~~accurately ~~effectuate~~report our ~~business~~financial ~~plan.~~results ~~There~~or ~~can~~prevent befraud, noas ~~assurance~~a ~~that~~result, wecurrent ~~will~~and ~~ever~~potential ~~achieve~~shareholders ~~any~~could ~~revenues~~lose orconfidence ~~profitability.~~in ~~The~~our ~~revenue~~financial ~~and~~reports, ~~income~~which ~~potential~~could ofharm our ~~proposed~~ business and ~~operations is unproven as~~ the ~~lack~~trading ofprice ~~operating history makes it difficult to evaluate the future prospects~~ of our ~~business~~common stock.

WeEffective ~~require~~internal ~~financing~~controls are necessary for us to ~~acquire~~provide ~~businesses~~reliable financial reports and ~~implement~~effectively prevent fraud. Section 404 of the Sarbanes-Oxley Act of 2002 requires us to evaluate and report on our ~~business~~internal controls over financial reporting and have our independent registered public accounting firm annually attest to our evaluation. We plan to prepare for compliance with Section 404 by strengthening, assessing and testing our system of internal controls to provide the basis for our report. The process of strengthening our internal controls and complying with Section 404 is expensive and time consuming, and requires significant management attention, especially given that we have not yet undertaken any efforts to comply with the requirements of Section 404. We cannot be certain that the measures we will beundertake ~~successful~~will ensure that we will maintain adequate controls over our financial processes and reporting in ~~obtaining~~the ~~financing~~future. orFurthermore, ~~acquiring~~if ~~businesses~~we are able to rapidly grow our business, the internal controls that we will need will become more complex, and significantly more resources will be required to ensure our internal controls remain effective. Failure to implement required controls, or difficulties encountered in their implementation, could harm our operating ~~those~~results ~~acquired~~or ~~businesses~~cause us to fail to meet our reporting obligations. If we or our auditors discover a material weakness in our internal controls, the disclosure of that fact, even if the weakness is quickly remedied, could diminish investors’ confidence in our financial statements and harm our stock price. In addition, non-compliance with Section 404 could subject us to a ~~profitable~~variety ~~manner~~of administrative sanctions, including the suspension of trading, ineligibility for listing on the OTC Bulletin Board, one of the national securities exchanges, and the inability of registered broker-dealers to make a market in our common stock, which would further reduce our stock price.

WeOur ~~expect~~principal ~~losses~~stockholders, officers and director own a controlling interest in ~~the~~our ~~future~~voting ~~because~~stock, wewhich ~~have~~could noresult ~~revenue~~in decisions adverse to our general shareholders.

AsOur weofficers ~~have~~beneficially noown ~~current~~in ~~revenue,~~the weaggregate ~~are~~approximately ~~expecting~~50.4% ~~losses~~of ~~over~~our ~~the~~outstanding ~~next~~common 12stock. ~~months~~As ~~because~~a weresult, doour ~~not~~management ~~yet~~will have ~~any~~the ~~revenues~~ability to ~~offset~~control ~~the~~substantially ~~expenses~~all ~~associated~~matters ~~with~~submitted to our ~~business~~stockholders ~~plan.~~for Weapproval ~~cannot~~including: ~~guarantee~~(a) ~~that~~election weof ~~will~~our ~~ever~~Board beof ~~successful~~Directors ~~in generating revenues in~~ (the ~~future.~~“Board”); We(b) ~~recognize~~removal ~~that~~of ifany weof ~~are~~our ~~unable~~directors; to(c) ~~generate~~amendments ~~revenues,~~of weour ~~will~~Certificate ~~not~~of beIncorporation ~~able to earn profits~~ or ~~continue~~bylaws; ~~operations.~~(d) ~~There~~adoption isof nomeasures ~~history~~that ~~upon~~could ~~which~~delay toor ~~base~~prevent ~~any~~a ~~assumption~~change asin tocontrol ~~the~~or ~~likelihood~~impede ~~that~~a ~~we will prove successful~~merger, ~~and~~takeover weor ~~can~~other ~~provide~~business ~~investors~~combination ~~with~~involving nous, ~~assurance that we will generate any operating revenues~~ or ~~ever~~(e) ~~achieve~~other ~~profitable~~significant ~~operations~~corporate transactions.

IfOur ~~our~~failure ~~business~~to ~~plans~~adopt ~~are~~certain ~~not~~corporate ~~successful,~~governance weprocedures may ~~not~~prevent beus ~~able~~from toobtaining ~~continue~~a ~~operations~~listing ason a ~~going~~national ~~concern~~securities ~~and our stockholders may lose their entire investment in us~~exchange.

~~Since~~We ~~inception, we~~ have ~~had~~only noone ~~revenues~~director, and ~~incurred~~he ais ~~cumulative~~not ~~net~~“independent” ~~loss~~as ofthat ~~$7,219,239~~term ~~through~~is ~~May~~defined ~~31,~~in ~~2016.~~the ~~This~~rules ~~raises~~of ~~substantial~~any ~~doubt~~national ~~about~~securities ~~our~~exchange. ~~ability~~As ~~to continue as~~ a ~~going concern. We will~~result, inwe ~~all~~do ~~likelihood,~~not ~~sustain~~have ~~operating~~an ~~expenses~~Audit ~~without~~or ~~corresponding~~Compensation ~~revenues,~~Committee. atThe ~~least~~functions ~~until the consummation~~ of athose ~~business~~committees ~~combination.~~are ~~This~~conducted ~~may~~by ~~result~~the inBoard. ~~our~~Consequently, ~~incurring~~there is a ~~net~~potential ~~operating~~conflict ~~loss~~of ~~that~~interest ~~will~~in ~~increase~~Board ~~continuously~~decisions ~~until~~that wemay ~~can~~adversely ~~consummate~~affect aour ~~business~~ability ~~combination~~of ~~with~~our acommon ~~profitable~~stock ~~business~~to ~~opportunity. We cannot~~ be ~~certain~~listed ~~that~~on ~~we can identify~~ a ~~suitable~~national ~~business~~securities ~~opportunity~~exchange and, ~~consummate a business combination. If we cannot continue~~ as a ~~going concern~~result, ~~our~~may ~~stockholders~~adversely ~~may~~affect ~~lose~~the ~~their~~liquidity ~~entire~~of ~~investment~~our incommon usstock.

~~We do not have any definitive agreements for a business combination or other transaction.~~ 10

~~Although~~Trading ~~we are currently~~ in ~~negotiations~~our toshares ~~acquire~~of orcommon ~~combine~~stock ~~with~~is ~~a company which operates in the medical diagnostics industry~~limited, we have no present arrangement, agreement or understanding with respect to engaging in a merger with, joint venture with or acquisition of, such company or any other private or public entity. We cannot be certain that we will successfully identify and ~~evaluate suitable business opportunities or that we~~ will ~~conclude a business combination. Management has~~ not ~~identified~~improve ~~any~~unless ~~particular industry or specific business within an industry for evaluation. We cannot guarantee that~~ we ~~will~~increase beour ~~able~~sales, tobecome ~~negotiate~~profitable ~~a business combination on favorable terms,~~ and ~~there~~secure ismore ~~consequently a risk that future funds allocated to the purchase of our shares will not be invested in a company with~~ active ~~business~~market ~~operations~~makers.

8There is a limited trading market for our common stock. There can be no assurance that a regular trading market for our securities will continue to develop or that it will be sustained. The trading price of our securities could be subject to wide fluctuations, in response to quarterly variations in our operating results, announcements by us or others, developments affecting us, and other events or factors. In addition, the stock market has experienced extreme price and volume fluctuations in recent years. These fluctuations have had a substantial effect on the market prices for many companies, often unrelated to the operating performance of such companies, and may adversely affect the market prices of the securities Such risks could have an adverse effect on the stock’s future liquidity.

~~Future~~We ~~success~~may, isin ~~highly~~the ~~dependent~~future, onissue ~~the~~additional ~~ability~~common ofshares, ~~management~~which towould ~~locate~~reduce investors’ percent of ownership and ~~attract~~may adilute ~~suitable~~our ~~acquisition~~share value.

~~The~~Our ~~success~~Certificate of ~~our~~Incorporation, ~~proposed~~as ~~plan~~amended, ofauthorizes ~~operation~~the ~~will~~issuance ~~depend~~of to400,000,000 ashares, ~~great~~consisting ~~extent~~of on300,000,000 ~~the~~shares ~~operations,~~of ~~financial~~common ~~condition~~stock, ~~and~~$0.00001 ~~management~~par ofvalue ~~any~~per ~~identified~~share, ~~target~~and ~~company.~~100,000,000 ~~While~~shares ~~business~~of ~~combinations~~preferred ~~with~~stock, ~~entities~~$0.00001 ~~having~~par ~~established~~value ~~operating~~per ~~histories~~share. ~~are~~The ~~preferred,~~future ~~there~~issuance ~~can~~of bestock, noincluding ~~assurance~~shares that wemay ~~will~~ be ~~successful~~issued inupon ~~locating~~conversion ~~candidates~~of ~~meeting~~shares ~~such~~of ~~criteria.~~preferred ~~The~~stock, ~~decision~~may toresult ~~enter~~in ~~into~~substantial adilution ~~business~~in ~~combination~~the ~~will~~percentage ~~likely~~of beour ~~made~~common ~~without~~stock ~~detailed~~held ~~feasibility~~by ~~studies,~~our ~~independent~~then ~~analysis,~~existing ~~market~~shareholders. ~~surveys~~We ormay ~~similar~~value ~~information~~any ~~which,~~common ifstock weissued ~~had~~in ~~more~~the ~~funds~~future ~~available~~on toan ~~it,~~arbitrary ~~would be desirable~~basis. InThe ~~the~~issuance ~~event~~of wecommon ~~complete~~stock afor ~~business~~future ~~combination~~services ~~the~~or ~~success~~acquisitions ofor ~~our~~other ~~operations~~corporate ~~will~~actions bemay ~~dependent~~have ~~upon~~the ~~management~~effect of diluting the ~~target~~value ~~company~~of ~~and~~the ~~numerous~~shares ~~other~~held ~~factors~~by ~~beyond~~ our ~~control.~~investors, Weand ~~cannot~~might behave ~~certain~~an ~~that~~adverse weeffect ~~will~~on ~~identify~~any atrading ~~target~~market ~~company~~for ~~and~~our ~~consummate~~common ~~a business combination~~stock.

~~There~~Our Board of Directors is ~~competition~~authorized ~~for~~to ~~those~~issue ~~private~~up ~~companies~~to ~~suitable~~100,000,000 ~~for~~shares of preferred stock with powers, rights and preferences designated by it which may be issued to create voting impediments or to frustrate persons seeking to effect a ~~merger~~takeover ~~transaction~~or otherwise gain control of our company, thereby preventing investors from realizing a premium over the ~~type~~market ~~contemplated~~value byof ~~management~~their shares.

WeOur ~~are~~Board inis aauthorized ~~highly~~to ~~competitive~~issue ~~market~~up ~~for~~to a100,000,000 ~~small~~shares ~~number~~ of ~~business~~preferred ~~opportunities~~stock ~~which~~with ~~could~~powers, ~~reduce~~rights ~~the~~and ~~likelihood~~preferences designated by it. Shares of ~~consummating~~voting aor ~~successful~~convertible ~~business~~preferred ~~combination.~~stock Wecould ~~are~~be ~~and~~issued, ~~will~~or ~~continue~~rights to purchase such shares could be anissued, ~~insignificant~~to ~~participant~~create invoting ~~the~~impediments ~~business~~or ofto frustrate persons seeking ~~mergers~~to ~~with,~~effect ~~joint~~a ~~ventures~~takeover ~~with~~or ~~and~~otherwise ~~acquisitions~~gain control of ~~small~~our ~~private~~company. ~~and~~The ~~public~~ability ~~entities.~~of Athe ~~large~~Board ~~number~~to ofissue ~~established~~such ~~and~~additional ~~well-financed~~shares ~~entities,~~of ~~including~~preferred ~~small~~stock, ~~public~~with ~~companies~~rights and ~~venture~~preferences ~~capital~~it ~~firms~~deems advisable, ~~are~~could ~~active~~discourage inan ~~mergers~~attempt ~~and~~by ~~acquisitions~~a ofparty ~~companies~~to ~~that~~acquire ~~may~~control beof ~~desirable~~our ~~target~~company ~~candidates~~by ~~for~~tender ~~us.~~offer ~~Nearly~~or ~~all~~other ~~these~~means. ~~entities~~Such ~~have~~issuances ~~significantly~~could ~~greater~~therefore ~~financial~~deprive ~~resources,~~stockholders ~~technical~~of ~~expertise~~benefits ~~and~~that ~~managerial~~could ~~capabilities~~result ~~than~~from wesuch ~~do;~~an ~~consequently~~attempt, wesuch ~~will~~as bethe atrealization of a ~~competitive~~premium ~~disadvantage~~over the market price for their shares in ~~identifying~~a ~~possible~~tender ~~business~~offer ~~opportunities~~or ~~and~~the ~~successfully~~temporary ~~completing~~increase ain ~~business~~market ~~combination.~~price ~~These~~that ~~competitive~~such ~~factors~~an ~~may~~attempt ~~reduce~~could cause. Moreover, the ~~likelihood~~issuance of ~~our~~such ~~identifying~~additional shares of preferred stock to persons friendly to the Board could make it more difficult to remove incumbent managers and ~~consummating~~directors afrom ~~successful~~office ~~business~~even ~~combination~~if such change were to be favorable to stockholders generally.

~~Management~~Our ~~intends~~common toshares ~~devote~~are ~~only~~subject ato ~~limited~~the ~~amount~~“Penny Stock” Rules of ~~time~~the toSEC ~~seeking~~and athe ~~target~~trading ~~company~~market in our securities is limited, which ~~may~~makes ~~adversely~~transactions ~~impact~~in our ~~ability~~stock tocumbersome ~~identify~~and amay ~~suitable~~reduce ~~acquisition~~the ~~candidate~~value of an investment in our stock.

~~While~~The ~~seeking~~SEC has adopted Rule 15g-9 which establishes the definition of a ~~business~~“penny ~~combination~~stock,” ~~management~~for ~~anticipates~~the ~~devoting~~purposes ~~very~~relevant ~~limited~~to ~~time~~us, toas ~~our~~any ~~affairs~~equity insecurity ~~total~~that has a market price of less than $5.00 ~~None~~per share or with an exercise price of ~~our~~less ~~officers~~than ~~has~~$5.00 ~~entered~~per ~~into~~share, subject to certain exceptions. For any transaction involving a ~~written~~penny ~~employment~~stock, ~~agreement~~unless ~~with~~exempt, usthe ~~and~~rules isrequire: ~~not~~(a) ~~expected~~that toa dobroker soor dealer approve a person’s account for transactions in penny stocks; and (b) the ~~foreseeable~~broker ~~future.~~or ~~This~~dealer ~~limited~~receive ~~commitment~~from ~~may~~the ~~adversely~~investor ~~impact~~a ~~our~~written ~~ability~~agreement to ~~identify~~the transaction, setting forth the identity and ~~consummate~~quantity aof ~~successful~~the ~~business~~penny ~~combination~~stock to be purchased.

WeIn ~~are~~order ~~dependent~~to onapprove ~~the~~a ~~services~~person’s ofaccount ~~our~~for ~~executive~~transactions ~~officers~~in topenny ~~obtain~~stocks, ~~capital~~the ~~required~~broker toor ~~implement~~dealer ~~our~~must: ~~business~~(a) ~~plan~~obtain ~~and~~financial ~~for~~information ~~identifying, investigating, negotiating~~ and ~~integrating~~investment ~~potential~~experience ~~acquisition~~objectives ~~opportunities. The loss~~ of ~~services~~the ofperson; ~~senior~~and ~~management~~(b) ~~could~~make ~~have~~ a ~~substantial~~reasonable ~~adverse~~determination ~~effect~~that onthe ~~us.~~transactions ~~The~~in ~~expansion~~penny ofstocks ~~our~~are ~~business~~suitable ~~will~~for bethat ~~largely~~person ~~contingent~~and onthe ~~our~~person ~~ability~~has tosufficient ~~attract~~knowledge and ~~retain~~experience ~~highly~~in ~~qualified~~financial ~~corporate~~matters ~~and~~to ~~operations level management team. We cannot~~ be ~~certain~~capable ~~that~~of weevaluating ~~will~~the ~~find~~risks ~~suitable~~of ~~management~~transactions ~~personnel~~in orpenny ~~will have financial resources to attract or retain such people if found~~stocks.

The ~~time~~broker ~~and~~or ~~cost~~dealer ofmust ~~preparing~~also deliver, prior to any transaction in a ~~private~~penny ~~company~~stock, a disclosure schedule prescribed by the Commission relating to ~~become~~the penny stock market, which, in highlight form: (a) ~~public~~sets ~~reporting~~forth ~~company~~the ~~may~~basis ~~preclude~~on uswhich ~~from~~the ~~entering~~broker ~~into~~or adealer ~~merger~~made the suitability determination; and (b) that the broker or ~~acquisition~~dealer ~~with~~received a signed, written agreement from the ~~most~~investor ~~attractive~~prior ~~private~~to ~~companies~~the transaction. Generally, brokers may be less willing to execute transactions in securities subject to the “penny stock” rules. This may make it more difficult for investors to dispose of our Common shares and cause a decline in the market value of our stock.

~~Target~~Disclosure ~~companies~~also ~~that~~has ~~fail~~ to ~~comply~~be ~~with~~made ~~SEC~~about ~~reporting~~the ~~requirements~~risks ~~may~~of ~~delay~~investing orin ~~preclude~~penny ~~acquisition.~~stocks ~~Sections~~in 13both public offerings and ~~15(d)~~in ofsecondary ~~the~~trading ~~Exchange~~and ~~Act~~about ~~require~~the ~~reporting~~commissions ~~companies~~payable to ~~provide~~both ~~certain~~the ~~information~~broker-dealer ~~about~~and ~~significant~~the ~~acquisitions~~registered representative, ~~including~~current ~~audited~~quotations ~~financial~~for the securities and the rights and remedies available to an investor in cases of fraud in penny stock transactions. Finally, monthly statements have to be sent disclosing recent price information for the ~~company~~penny ~~acquired.~~stock held in the account and information on the limited market in penny stocks.

The time and additional costs that may be incurred by some target entities to prepare these statements may significantly delay or essentially preclude consummation of an acquisition. Otherwise suitable acquisition prospects that do not have or are unable to obtain the required audited statements may be inappropriate for acquisition so long as the reporting requirements of the Exchange Act are applicable.11

WeBecause ~~may~~we bedo ~~subject~~not intend to ~~further~~pay ~~government~~any ~~regulation~~cash ~~which~~dividends ~~would~~on ~~adversely~~our ~~affect~~common stock, our ~~operations~~stockholders will not be able to receive a return on their shares unless they sell them.

~~Although~~We weintend ~~are subject~~ to ~~the~~retain ~~reporting~~any ~~requirements~~future ~~under~~earnings ~~the Exchange Act, management believes we will not be subject~~ to ~~regulation~~finance ~~under~~ the ~~Investment~~development ~~Company~~and ~~Act~~expansion of ~~1940,~~our ~~as amended (the “Investment Company Act”), since we will not be engaged in the~~ business ~~of investing or trading in securities~~. IfWe wedo ~~engage~~not inanticipate ~~business~~paying ~~combinations~~any ~~which~~cash ~~result~~dividends inon our ~~holding~~common ~~passive~~stock ~~investment interests~~ in athe ~~number~~foreseeable offuture. ~~entities,~~Unless we ~~could~~pay bedividends, ~~subject~~our tostockholders ~~regulation~~will ~~under~~not ~~the Investment Company Act. If so, we would~~ be ~~required~~able to ~~register~~receive asa anreturn ~~investment~~on ~~company~~their ~~and~~shares ~~could~~unless bethey ~~expected~~sell ~~to incur significant registration and compliance costs~~them. We ~~have~~cannot ~~obtained~~assure nobe ~~formal~~certain ~~determination~~that ~~from~~investors ~~the~~will ~~SEC~~be asable to ~~our~~sell ~~status~~their ~~under~~shares ~~the~~when ~~Investment~~they ~~Company~~desire ~~Act and, consequently, violation of the Investment Company Act could subject us~~ to ~~material~~do ~~adverse consequences~~so.

9ITEM 1B. UNRESOLVED STAFF COMMENTS

~~Any~~Not ~~potential acquisition or merger with a foreign company may subject us to additional risks~~Applicable.

IfITEM ~~we enter into a business combination with a foreign concern, we will be subject to risks inherent in business operations outside of the United States~~2. These risks include, for example, currency fluctuations, regulatory problems, punitive tariffs, unstable local tax policies, trade embargoes, risks related to shipment of raw materials and finished goods across national borders and cultural and language differences. Foreign economies may differ favorably or unfavorably from the United States economy in growth of gross national product, rate of inflation, market development, rate of savings, and capital investment, resource self-sufficiency and balance of payments positions, and in other respects.PROPERTIES

WeOur ~~may~~executive ~~need~~offices toare ~~raise~~located ~~additional~~at ~~capital~~800 toEast ~~expand~~Colorado ~~our~~Boulevard, ~~operations~~Suite ~~and~~888, ~~execute~~Pasadena, ~~our~~CA ~~business~~91101 ~~plan.~~and Ifcover ~~our~~an ~~operations~~area doof ~~not~~approximately ~~produce the necessary cash flow~~8,142 orsquare iffeet. weThe ~~cannot~~use ~~obtain~~of ~~needed~~these ~~funds,~~offices weis ~~may~~supplied ~~be forced~~ to ~~reduce~~us oron ~~cease~~a ~~our~~rent ~~activities~~free ~~with~~basis ~~consequent~~by ~~loss~~an toaffiliated ~~investors~~party.

WeITEM ~~have a need for cash in order to pay obligations currently due in a timely manner, and to finance our business operations~~3. ~~Our~~LEGAL continued operations will depend upon the sustainability of cash flow from our ability to raise additional funds, as required, through equity or debt financing. There is no assurance that we will be able to obtain additional funding when it is needed, or that such funding, if available, will be obtainable on terms acceptable to us. If we cannot obtain needed funds, we may be forced to reduce or cease our activities with consequent loss to investors. In addition, should we incur significant presently unforeseen expenses or delays, we may not be able to accomplish our goals.PROCEEDINGS

IfFrom time to time we ~~fail~~may tobe ~~develop~~a defendant and ~~maintain~~plaintiff anin ~~effective~~various ~~system~~legal proceedings arising in the normal course of ~~internal~~our ~~controls,~~business. weWe ~~may~~are currently not bea ~~able~~party to ~~accurately~~any ~~report~~material ~~our~~legal ~~financial~~proceedings ~~results~~ or ~~prevent~~government ~~fraud~~actions, asincluding aany ~~result~~bankruptcy, ~~current~~receivership, ~~and~~or ~~potential~~similar ~~shareholders~~proceedings. ~~could~~In ~~lose~~addition, ~~confidence~~we inare not aware of any threatened litigation or action that could affect our ~~financial~~operations. ~~reports~~Furthermore, as of the date of this Annual Report, our management is not aware of any proceedings to which ~~could~~any ~~harm~~of our ~~business~~directors, ~~and~~officers, ~~the~~or ~~trading~~affiliates, ~~price~~or any associate of any such director, officer, affiliate, or security holder is a party adverse to our ~~common~~company ~~stock~~or has a material interest adverse to us.

~~Effective~~ITEM ~~internal controls are necessary for us to provide reliable financial reports and effectively prevent fraud~~4. ~~Section~~MINE ~~404~~SAFETY of the Sarbanes-Oxley Act of 2002 requires us to evaluate and report on our internal controls over financial reporting and have our independent registered public accounting firm annually attest to our evaluation. We plan to prepare for compliance with Section 404 by strengthening, assessing and testing our system of internal controls to provide the basis for our report. The process of strengthening our internal controls and complying with Section 404 is expensive and time consuming, and requires significant management attention, especially given that we have not yet undertaken any efforts to comply with the requirements of Section 404. We cannot be certain that the measures we will undertake will ensure that we will maintain adequate controls over our financial processes and reporting in the future. Furthermore, if we are able to rapidly grow our business, the internal controls that we will need will become more complex, and significantly more resources will be required to ensure our internal controls remain effective. Failure to implement required controls, or difficulties encountered in their implementation, could harm our operating results or cause us to fail to meet our reporting obligations. If we or our auditors discover a material weakness in our internal controls, the disclosure of that fact, even if the weakness is quickly remedied, could diminish investors’ confidence in our financial statements and harm our stock price. In addition, non-compliance with Section 404 could subject us to a variety of administrative sanctions, including the suspension of trading, ineligibility for listing on the OTC Bulletin Board, one of the national securities exchanges, and the inability of registered broker-dealers to make a market in our common stock, which would further reduce our stock price.DISCLOSURES

~~Our~~Not ~~principal stockholders, officers and director own a controlling interest in our voting stock, which could result in decisions adverse to our general shareholders~~Applicable.

~~Our~~PART officers beneficially own in the aggregate approximately 50.4% of our outstanding common stock. As a result, our management will have the ability to control substantially all matters submitted to our stockholders for approval including: (a) election of our Board of Directors (the “Board”); (b) removal of any of our directors; (c) amendments of our Certificate of Incorporation or bylaws; (d) adoption of measures that could delay or prevent a change in control or impede a merger, takeover or other business combination involving us, or (e) other significant corporate transactions.II

WeMarket have only one director, and he is not “independent” as that term is defined in the rules of any national securities exchange. As a result, we do not have an Audit or Compensation Committee. The functions of those committees are conducted by the Board. Consequently, there is a potential conflict of interest in Board decisions that may adversely affect our ability of our common stock to be listed on a national securities exchange and, as a result, may adversely affect the liquidity of our common stock.Information

10As of September 15, 2015, our common stock was trading on the OTCQB of the OTC Markets Group Inc. under the symbol “HKEB” and, as of May 31, 2017, is trading on the OTC Pink.

~~Trading~~Our incommon ~~our~~stock ~~shares~~was quoted on the OTC Bulletin Board of ~~common~~the ~~stock~~OTC isMarkets ~~limited~~Group Inc. under the symbol “CGCA.OB” from July 20, 2007 until November 6, 2009, from November 6, 2009 until August 9, 2013 under the symbol “VPRS.OB”, and ~~will~~from ~~not~~August ~~improve~~9, ~~unless~~2013 weuntil ~~increase~~September 14, 2015 under the symbol RMGI.PK. The following table sets forth the high and low bid prices for our ~~sales~~common stock for the periods indicated as reported by the OTC Pink. The bid quotations reported by the OTC Pink reflect inter-dealer prices, ~~become~~without ~~profitable~~retail mark-up, mark-down or commission, and ~~secure~~may ~~more~~not ~~active~~represent ~~market~~actual ~~makers~~transactions.

There is a limited trading market for our common stock. There can be no assurance that a regular trading market for our securities will continue to develop or that it will be sustained. The trading price of our securities could be subject to wide fluctuations, in response to quarterly variations in our operating results, announcements by us or others, developments affecting us, and other events or factors. In addition, the stock market has experienced extreme price and volume fluctuations in recent years. These fluctuations have had a substantial effect on the market prices for many companies, often unrelated to the operating performance of such companies, and may adversely affect the market prices of the securities Such risks could have an adverse effect on the stock’s future liquidity.

Quarter Ended	High Bid		Low Bid
May 31, 2017	$	.40	$	.25
February 28, 2017	$	.30	$	.18
November 30, 2016	$	.35	$	.01
August 31, 2016	$	.04	$	.01
May 31, 2016	$	.05	$	.01
February 28, 2016	$	.01	$	.01
November 30, 2015	$	.35	$	.01
August 31, 2015	$	.32	$	.20

~~We may, in the future, issue additional common shares, which would reduce investors’ percent of ownership and may dilute our share value.~~Holders

~~Our~~As ~~Certificate~~ of ~~Incorporation,~~August ~~as amended~~21, ~~authorizes the issuance of 400~~2017,~~000,000~~ ~~shares,~~there ~~consisting~~were ofapproximately ~~300,000,000~~12 ~~shares~~record ofholders ~~common stock, $0.00001 par value per share, and 100,000,000 shares~~ of preferred stock, $0.00001 par value per share. The future issuance of stock, including shares that may be issued upon conversion of shares of preferred stock, may result in substantial dilution in the percentage of our common stock ~~held by our then existing shareholders~~. We may value any common stock issued in the future on an arbitrary basis. The issuance of common stock for future services or acquisitions or other corporate actions may have the effect of diluting the value of the shares held by our investors, and might have an adverse effect on any trading market for our common stock.

Our Board of Directors is authorized to issue up to 100,000,000 shares of preferred stock with powers, rights and preferences designated by it which may be issued to create voting impediments or to frustrate persons seeking to effect a takeover or otherwise gain control of our company, thereby preventing investors from realizing a premium over the market value of their shares.12

Our Board is authorized to issue up to 100,000,000 shares of preferred stock with powers, rights and preferences designated by it. Shares of voting or convertible preferred stock could be issued, or rights to purchase such shares could be issued, to create voting impediments or to frustrate persons seeking to effect a takeover or otherwise gain control of our company. The ability of the Board to issue such additional shares of preferred stock, with rights and preferences it deems advisable, could discourage an attempt by a party to acquire control of our company by tender offer or other means. Such issuances could therefore deprive stockholders of benefits that could result from such an attempt, such as the realization of a premium over the market price for their shares in a tender offer or the temporary increase in market price that such an attempt could cause. Moreover, the issuance of such additional shares of preferred stock to persons friendly to the Board could make it more difficult to remove incumbent managers and directors from office even if such change were to be favorable to stockholders generally.Dividends

~~Our~~We ~~common~~have ~~shares~~never ~~are~~declared ~~subject~~any cash dividends with respect to ~~the~~our ~~“Penny~~common ~~Stock”~~stock. ~~Rules~~Future payment of ~~the~~dividends ~~SEC~~is ~~and~~within the ~~trading~~discretion ~~market~~of inour Board of Directors and will depend on our ~~securities~~earnings, iscapital ~~limited~~requirements, ~~which~~financial ~~makes~~condition ~~transactions~~and inother relevant factors. Although there are no material restrictions limiting, or that are likely to limit, our ability to pay dividends on our common stock, ~~cumbersome~~we ~~and~~presently ~~may~~intend ~~reduce~~to ~~the~~retain ~~value~~future ofearnings, anif ~~investment~~any, for use in our business and have no present intention to pay cash dividends on our common stock.

~~The~~Recent ~~SEC~~Sales ~~has adopted Rule 15g-9 which establishes the definition~~ of aUnregistered “penny stock,” for the purposes relevant to us, as any equity security that has a market price of less than $5.00 per share or with an exercise price of less than $5.00 per share, subject to certain exceptions. For any transaction involving a penny stock, unless exempt, the rules require: (a) that a broker or dealer approve a person’s account for transactions in penny stocks; and (b) the broker or dealer receive from the investor a written agreement to the transaction, setting forth the identity and quantity of the penny stock to be purchased.Securities

InWe ~~order~~have tonot ~~approve~~sold aany ~~person’s account for transactions in penny stocks, the broker or dealer must: (a) obtain financial information and investment experience objectives~~ of ~~the~~our ~~person;~~equity ~~and~~securities ~~(b)~~during ~~make a reasonable determination that~~ the ~~transactions~~year inended ~~penny~~May ~~stocks~~31, ~~are suitable for that person and the person has sufficient knowledge and experience in financial matters to be capable of evaluating the risks of transactions in penny stocks~~2017.

~~The~~Restrictions broker or dealer must also deliver, prior to any transaction in a penny stock, a disclosure schedule prescribed by the Commission relating to the penny stock market, which, in highlight form: (a) sets forth the basis on ~~which~~ the ~~broker~~Use orof ~~dealer~~Rule ~~made~~144 ~~the~~by ~~suitability~~Shell ~~determination;~~Companies ~~and (b) that the broker~~ or ~~dealer~~Former ~~received~~Shell a signed, written agreement from the investor prior to the transaction. Generally, brokers may be less willing to execute transactions in securities subject to the “penny stock” rules. This may make it more difficult for investors to dispose of our Common shares and cause a decline in the market value of our stock.Companies

~~Disclosure~~Historically, ~~also~~the SEC staff has totaken bethe ~~made~~position ~~about~~that Rule 144 is not available for the ~~risks~~resale of ~~investing~~securities ininitially ~~penny~~issued ~~stocks~~by incompanies ~~both~~that ~~public~~are, ~~offerings~~or ~~and~~previously inwere, ~~secondary~~blank ~~trading~~check ~~and~~companies ~~about~~like ~~the~~us, ~~commissions~~to ~~payable~~their topromoters ~~both~~or ~~the~~affiliates ~~broker-dealer~~despite ~~and~~technical compliance with the ~~registered~~requirements ~~representative,~~of ~~current~~Rule ~~quotations~~144. ~~for~~The ~~the~~SEC ~~securities~~has codified and ~~the~~expanded ~~rights~~this ~~and~~position ~~remedies~~in ~~available~~recent toamendments anby ~~investor~~prohibiting inthe ~~cases~~use of ~~fraud~~Rule in144 ~~penny~~for ~~stock~~resale ~~transactions.~~of ~~Finally,~~securities ~~monthly~~issued ~~statements~~by ~~have~~any toshell becompanies ~~sent~~(other ~~disclosing~~than ~~recent~~business ~~price~~combination ~~information~~related ~~for~~shell ~~the~~companies) ~~penny~~or ~~stock~~any ~~held~~issuer inthat ~~the~~has ~~account~~been ~~and~~at ~~information~~any ontime ~~the~~previously ~~limited~~a ~~market~~shell incompany. ~~penny~~The ~~stocks.~~SEC has provided an exception to this prohibition, however, if the following conditions are met:

11the issuer of the securities that was formerly a shell company has ceased to be a shell company;

~~Because~~the weissuer doof ~~not~~the ~~intend~~securities tois ~~pay~~subject ~~any~~to ~~cash~~the ~~dividends~~reporting onrequirements ~~our~~of ~~common~~Section ~~stock,~~13 ~~our~~or ~~stockholders~~15(d) ~~will~~of ~~not~~the beExchange ~~able to receive a return on their shares unless they sell them.~~Act;

~~We intend to retain any future earnings to finance~~ the ~~development~~issuer ~~and expansion~~ of ~~our business. We do not anticipate paying any cash dividends on our common stock in~~ the ~~foreseeable~~securities ~~future.~~has ~~Unless~~filed weall ~~pay~~Exchange ~~dividends,~~Act ~~our~~reports ~~stockholders~~and ~~will~~material ~~not~~required ~~be able~~ to ~~receive~~be afiled, ~~return~~as onapplicable, ~~their~~during ~~shares~~the ~~unless~~preceding ~~they~~12 ~~sell~~months ~~them.~~(or Wesuch ~~cannot~~shorter ~~assure~~period ~~be certain~~ that ~~investors~~the ~~will~~issuer bewas ~~able~~required to ~~sell~~file ~~their~~such ~~shares~~reports ~~when~~and ~~they~~materials), ~~desire~~other tothan doForm ~~so.~~8-K reports; and

~~ITEM~~at 1Bleast one year has elapsed from the time that the issuer filed current Form 10 type information with the SEC reflecting its status as an entity that is not a shell company.

~~UNRESOLVED~~As ~~STAFF~~a ~~COMMENTS~~result, our existing stockholders will not be able to sell the shares pursuant to Rule 144 without registration one year after we have completed our initial business combination assuming we meet the four conditions of a former shell company stated above at such time.

~~Not~~Purchases ~~Applicable.~~of Equity Securities by the Issuer and Affiliated Purchasers

~~ITEM 2~~None.

~~PROPERTIES~~Securities Authorized For Issuance Under Equity Compensation Plans

~~Our~~We ~~executive~~do ~~offices~~not ~~are~~presently ~~located~~maintain atany ~~800~~equity ~~East~~compensation ~~Colorado~~plans ~~Boulevard, Suite 888, Pasadena, CA 91101~~ and ~~cover~~have annot ~~area~~maintained ofany ~~approximately~~such ~~8,142~~plans ~~square~~since ~~feet.~~our ~~The use of these offices is supplied to us on a rent free basis by an affiliated party~~inception.

ITEM 36. SELECTED FINANCIAL DATA

~~LEGAL~~As ~~PROCEEDINGS~~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.

~~From~~ITEM ~~time to time we may be a defendant and plaintiff in various legal proceedings arising in the normal course of our business~~7. WeMANAGEMENT’S ~~are~~DISCUSSION ~~currently~~AND ~~not~~ANALYSIS aOF ~~party~~FINANCIAL toCONDITION ~~any~~AND ~~material~~RESULTS ~~legal~~OF proceedings or government actions, including any bankruptcy, receivership, or similar proceedings. In addition, we are not aware of any threatened litigation or action that could affect our operations. Furthermore, as of the date of this Annual Report, our management is not aware of any proceedings to which any of our directors, officers, or affiliates, or any associate of any such director, officer, affiliate, or security holder is a party adverse to our company or has a material interest adverse to us. OPERATIONS

~~ITEM~~The 4following discussion should be read in conjunction with our audited consolidated financial statements and the accompanying notes included elsewhere in this Annual Report. The following discussion contains forward-looking statements that involve risks and uncertainties. Our actual results could differ materially from those anticipated in the forward-looking statements as a result of various factors, including those discussed elsewhere in this Annual Report .

~~MINE~~Historically, ~~SAFETY~~we ~~DISCLOSURES~~were in the exploration stage as an oil and gas exploration company. In May 2012, our management determined to discontinue our oil and gas operations, and attempt to acquire other assets or business operations that will maximize shareholder value. During the fiscal year ended May 31, 2017, we engaged in no oil and gas activities, had minimal operations, and generated no revenues. No assurance can be given that we will successfully reach an agreement with any company and successfully complete and close an acquisition or business combination. No specific assets or businesses have been definitively identified and there is no certainty that any such assets or business will be identified or any transactions will be consummated.

~~Not Applicable.~~13

12Our plan is to seek a business venture in which to participate. The selection of a business opportunity in which to participate is complex and extremely risky and will be made by management in the exercise of its business judgment. There is no assurance that we will be able to identify and acquire any business opportunity that will ultimately prove to be beneficial to us and our shareholders.

~~PART~~We IIare pursuing our search for a business opportunity primarily through our officers and directors, although other sources, such as professional advisors, securities broker-dealers, venture capitalists, members of the financial community, and others, may present unsolicited proposals. Our activities are subject to several significant risks that arise primarily as a result of the fact that we have no specific business and may acquire or participate in a business opportunity based on the decision of management which will, in all probability, act without the consent, vote, or approval of our shareholders. A description of the manner in which we will pursue the search for and participation in a business venture is described above.

~~ITEM~~We 5expect that we will need to raise funds in order to effectuate our business plans. We intend initially to seek additional investors to purchase our stock to provide us with working capital to fund our operations. Thereafter, we will seek to establish or acquire businesses or assets with additional funds raised either via the issuance of shares or debt. There can be no assurance that additional capital will be available to us. We may seek to raise the required capital by other means. We may have to issue debt or equity or enter into a strategic arrangement with a third party. We currently have no agreements, arrangements or understandings with any person to obtain funds through bank loans, lines of credit or any other sources. Since we have no such arrangements or plans currently in effect, our inability to raise funds will have a severe negative impact on our ability to remain a viable company. In pursuing the foregoing goals, we may seek to expand or change the composition of the Board or make changes to our current capital structure, including issuing additional shares or debt and adopting a stock option plan.

~~MARKET~~We ~~FOR~~do ~~REGISTRANT’S~~not ~~COMMON~~expect ~~EQUITY~~to generate any revenues over the next twelve months. Our principal business objective for the next 12 months will be to seek, ~~RELATED~~investigate ~~STOCKHOLDER~~and, ~~MATTERS~~if ~~AND~~such ~~ISSUER~~investigation ~~PURCHASES~~warrants, OFengage ~~EQUITY~~in ~~SECURITIES~~a business combination with a private entity whose business presents an opportunity for our shareholders.

~~Market~~During ~~Information~~the next 12 months we anticipate incurring costs related to filing of Exchange Act reports, and costs relating to consummating an acquisition. We believe we will be able to meet these costs through use of funds in our treasury and additional amounts, as necessary, to be loaned by or invested in us by our stockholders, management or other investors. We have no specific plans, understandings or agreements with respect to the raising of such funds, and we may seek to raise the required capital by the issuance of equity or debt securities or by other means. Since we have no such arrangements or plans currently in effect, our inability to raise funds for the consummation of an acquisition may have a severe negative impact on our ability to become a viable company. We estimate that the level of working capital needed for these general and administrative costs for the next twelve months will be approximately $150,000. However, this estimate is subject to change, depending on the number of transactions in which we ultimately become involved. In addition, funding will be required for follow-on development of working interest obligations of any successful exploration prospects.

AsIn ofits ~~September~~report 15dated August 10, ~~2015~~2017, our ~~common~~auditor, ~~stock~~Dave Banerjee CPA, a Professional Accountancy Corporation, expressed an opinion that there is ~~trading~~substantial ondoubt about our ability to continue as a going concern. Our financial statements do not include any adjustments that may result from the ~~OTCQB~~outcome of ~~the~~this ~~OTC~~uncertainty. ~~Markets~~We ~~Group~~have ~~Inc~~generated no operating revenues since our inception. ~~under~~We ~~the~~had ~~symbol~~an ~~“HKEB”~~accumulated deficit of $7,245,451 as of May 31, 2017. Our continuation as a going concern is dependent upon future events, including our ability to raise additional capital and to generate positive cash flows.

~~Our~~Presently ~~common~~we ~~stock~~have ~~was~~no ~~quoted~~employees onexcept ~~the~~for ~~OTC~~our ~~Bulletin~~four ~~Board~~executive ofofficers ~~the~~consisting ~~OTC~~of ~~Markets~~Dianwen ~~Group Inc. under the symbol “CGCA.OB” from July 20~~Ju, ~~2007~~Jimmy ~~until November 6~~Wang, ~~2009,~~Xiao ~~from~~Chen ~~November 6, 2009 until August 9, 2013 under the symbol “VPRS.OB”,~~ and ~~from~~Guofeng ~~August 9, 2013 until September 14, 2015 under the symbol RMGI~~Xu.~~PK.~~ ~~The~~Changes ~~following~~in ~~table sets forth~~ the ~~high~~number ~~and~~of ~~low~~employees ~~bid~~during ~~prices for our common stock for~~ the ~~periods~~next ~~indicated~~twelve asmonths ~~reported~~will bybe ~~the~~a ~~OTCQB.~~function ~~The~~of ~~bid quotations reported by~~ the ~~OTCQB~~level ~~reflect~~of ~~inter-dealer~~business ~~prices, without retail mark-up, mark-down or commission, and may not represent actual transactions~~activity.

Quarter Ended	High Bid		Low Bid
May 31, 2016	$	.05	$	.01
February 28, 2016	$	.01	$	.01
November 30, 2015	$	.35	$	.01
August 31, 2015	$	.34	$	.05
May 31, 2015	$	.16	$	.05
February 28, 2015	$	.25	$	.12
November 30, 2014	$	.24	$	.10
August 31, 2014	$	.20	$	.09

We intend to contract out certain technical and administrative functions on an as-needed basis in order to conduct our operating activities. Our management team will select and hire these contractors and manage and evaluate their work performance.

~~Holders~~Results of Operations

~~As of September 12, 2016, there were approximately 12 record holders of our common stock.~~ Revenues

~~Dividends~~We have had no revenues since our inception.

We have never declared any cash dividends with respect to our common stock. Future payment of dividends is within the discretion of our Board of Directors and will depend on our earnings, capital requirements, financial condition and other relevant factors. Although there are no material restrictions limiting, or that are likely to limit, our ability to pay dividends on our common stock, we presently intend to retain future earnings, if any, for use in our business and have no present intention to pay cash dividends on our common stock.Expenses

~~Recent~~We ~~Sales~~had operating expenses of ~~Unregistered~~$26,212 ~~Securities~~and $38,348 for the years ended May 31, 2017 and 2016, respectively. The decrease in operating expenses by 31.6% during the year ended May 31, 2017 was attributable to a decrease in general and administrative expenses.

~~We sold no unregistered securities during the year ended May 31, 2016.~~14

~~Restrictions~~Net ~~on the Use of Rule 144 by Shell Companies or Former Shell Companies~~Loss

~~Historically,~~We ~~the~~incurred ~~SEC~~net ~~staff~~losses ~~has~~for ~~taken~~ the ~~position~~years ~~that~~ended ~~Rule~~May ~~144~~31, is2017 ~~not~~and ~~available~~2016 ~~for the resale~~ of ~~securities initially issued by companies that are~~$26,212 orand ~~previously were~~$38,348, ~~blank check companies like us~~respectively, torepresenting ~~their~~a ~~promoters~~decrease orby ~~affiliates despite technical compliance with the requirements of Rule 144~~31.6%. The ~~SEC~~decrease ~~has codified and expanded this position~~ in ~~recent~~net ~~amendments~~loss bywas ~~prohibiting~~directly ~~the~~attributable ~~use~~to ~~of Rule 144 for resale of securities issued by any shell companies (other than business combination related shell companies) or any issuer that has been at any time previously~~ a ~~shell~~decrease ~~company.~~in ~~The~~general ~~SEC~~and ~~has~~administrative ~~provided an exception to this prohibition, however, if the following conditions are met:~~expenses.

·Liquidity and Capital Resources

~~the~~At ~~issuer~~May of31, ~~the~~2017 ~~securities~~we ~~that~~had ~~was~~a ~~formerly~~working capital deficit of $96,238 compared to a ~~shell~~working ~~company~~capital ~~has~~deficit ~~ceased~~of $95,026 at May 31, 2016. Current liabilities decreased from $109,650 to be$104,849, or 4.4%, from May 31, 2016 to May 31, 2017. Current assets decreased from $14,624 at May 31, 2016 to $8,611 at May 31, 2017 due to a ~~shell~~decrease ~~company;~~in cash and cash equivalents.

·We will attempt to raise capital for our current operational needs through loans from related parties, debt financing, equity financing or a combination of financing options. However, there are no existing understandings, commitments or agreements for extension of outstanding notes or an infusion of capital, and there are no assurances to that effect. Moreover, our need for capital may change dramatically if and during that period, we acquire an interest in a business opportunity. There can be no assurances that any additional financings will be available to us on satisfactory terms and conditions, if at all. Unless we can obtain additional financing, our ability to continue as a going concern is doubtful.

~~the~~Cash ~~issuer~~and ofCash ~~the securities is subject to the reporting requirements of Section 13 or 15(d) of the Exchange Act;~~Equivalents

·We consider all highly liquid investments with an original maturity of three months or less as cash equivalents.

~~the~~Use ~~issuer~~ of the securities has filed all Exchange Act reports and material required to be filed, as applicable, during the preceding 12 months (or such shorter period that the issuer was required to file such reports and materials), other than Form 8-K reports; andEstimates

·The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

atIncome ~~least one year has elapsed from the time that the issuer filed current Form 10 type information with the SEC reflecting its status as an entity that is not a shell company.~~Tax

13We account for income taxes under Accounting Standard Codification 740 (“ASC 740”). Under ASC 740 deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.

AsNet aIncome ~~result,~~(Loss) ~~our~~per existing stockholders will not be able to sell the shares pursuant to Rule 144 without registration one year after we have completed our initial business combination assuming we meet the four conditions of a former shell company stated above at such time.share

~~Purchases~~The ofnet ~~Equity~~income ~~Securities~~(loss) per share is computed by dividing the ~~Issuer~~net income (loss) by the weighted average number of shares of common outstanding. Warrants, stock options, and ~~Affiliated~~common ~~Purchasers~~stock issuable upon the conversion of our preferred stock (if any), are not included in the computation if the effect would be anti-dilutive and would increase the earnings or decrease loss per share.

~~None.~~Revenue Recognition

~~Securities~~Revenue ~~Authorized~~is ~~For~~recognized ~~Issuance~~on ~~Under~~an ~~Equity~~accrual ~~Compensation~~basis ~~Plans~~as earned under contract terms. We have had no revenue to date.

WeFinancial ~~do not presently maintain any equity compensation plans and have not maintained any such plans since our inception.~~Instruments

~~ITEM~~The 6carrying value of our financial instruments, including cash and cash equivalents, as reported in our balance sheet, approximates fair value.

~~SELECTED~~Stock ~~FINANCIAL~~Based ~~DATA~~Compensation

AsWe aaccount ~~"smaller~~for ~~reporting~~employee ~~company"~~and asnon-employee ~~defined~~stock byawards ~~Item~~under 10ASC 718, whereby equity instruments issued to employees for services are recorded based on the fair value of ~~Regulation~~the Sinstrument issued and those issued to non-K,employees are recorded based on the ~~Company~~fair isvalue ~~not~~of ~~required~~the toconsideration ~~provide~~received ~~information~~or ~~required~~the byfair ~~this~~value ~~Item~~of the equity instrument, whichever is more reliably measurable.

~~ITEM 7.~~15

~~MANAGEMENT’S~~Recent ~~DISCUSSION~~Accounting ~~AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS~~Pronouncements

~~The~~Refer ~~following~~to ~~discussion~~Note ~~should~~2 beto ~~read in conjunction with our audited consolidated financial statements and~~ the ~~accompanying~~Financial ~~notes~~Statements included ~~elsewhere~~ in ~~this Annual~~Item ~~Report.~~8 ~~The~~of ~~following~~this ~~discussion~~Annual ~~contains~~Report, ~~forward-looking~~which ~~statements~~discusses ~~that involve risks and uncertainties. Our actual results could differ materially from those anticipated in~~ the ~~forward-looking~~most ~~statements~~recent asaccounting apronouncements ~~result~~we ~~of various factors, including those discussed elsewhere in this Annual Report~~ adopted.

~~Historically,~~Off weBalance ~~were~~Sheet in the exploration stage as an oil and gas exploration company. In May 2012, our management determined to discontinue our oil and gas operations, and attempt to acquire other assets or business operations that will maximize shareholder value. During the fiscal year ended May 31, 2016, we engaged in no oil and gas activities, had minimal operations, and generated no revenues. We are currently in negotiations to acquire or combine with a company which operates in the medical diagnostics industry. No assurance can be given that we will successfully reach an agreement with such company and successfully complete and close the proposed acquisition or business combination. No other specific assets or businesses have been definitively identified and there is no certainty that any such assets or business will be identified or any transactions will be consummated.Arrangements

~~Our plan is to seek a business venture in which to participate~~None. The selection of a business opportunity in which to participate is complex and extremely risky and will be made by management in the exercise of its business judgment. There is no assurance that we will be able to identify and acquire any business opportunity that will ultimately prove to be beneficial to us and our shareholders.

WeContractual are pursuing our search for a business opportunity primarily through our officers and directors, although other sources, such as professional advisors, securities broker-dealers, venture capitalists, members of the financial community, and others, may present unsolicited proposals. Our activities are subject to several significant risks that arise primarily as a result of the fact that we have no specific business and may acquire or participate in a business opportunity based on the decision of management which will, in all probability, act without the consent, vote, or approval of our shareholders. A description of the manner in which we will pursue the search for and participation in a business venture is described above.Obligations

WeNot ~~expect that we will need to raise funds in order to effectuate our business plans~~applicable. We intend initially to seek additional investors to purchase our stock to provide us with working capital to fund our operations. Thereafter, we will seek to establish or acquire businesses or assets with additional funds raised either via the issuance of shares or debt. There can be no assurance that additional capital will be available to us. We may seek to raise the required capital by other means. We may have to issue debt or equity or enter into a strategic arrangement with a third party. We currently have no agreements, arrangements or understandings with any person to obtain funds through bank loans, lines of credit or any other sources. Since we have no such arrangements or plans currently in effect, our inability to raise funds will have a severe negative impact on our ability to remain a viable company. In pursuing the foregoing goals, we may seek to expand or change the composition of the Board or make changes to our current capital structure, including issuing additional shares or debt and adopting a stock option plan.

WeITEM ~~do not expect to generate any revenues over the next twelve months~~7A. ~~Our~~QUANTITATIVE ~~principal~~AND ~~business~~QUALITATIVE ~~objective~~DISCLOSURES ~~for~~ABOUT ~~the~~MARKET ~~next 12 months will be to seek, investigate and, if such investigation warrants, engage in a business combination with a private entity whose business presents an opportunity for our shareholders.~~RISK

14As 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.

~~During~~ITEM ~~the next 12 months we anticipate incurring costs related to filing of Exchange Act reports, and costs relating to consummating an acquisition~~8. WeFINANCIAL ~~believe~~STATEMENTS weAND ~~will~~SUPPLEMENTARY be able to meet these costs through use of funds in our treasury and additional amounts, as necessary, to be loaned by or invested in us by our stockholders, management or other investors. We have no specific plans, understandings or agreements with respect to the raising of such funds, and we may seek to raise the required capital by the issuance of equity or debt securities or by other means. Since we have no such arrangements or plans currently in effect, our inability to raise funds for the consummation of an acquisition may have a severe negative impact on our ability to become a viable company. We estimate that the level of working capital needed for these general and administrative costs for the next twelve months will be approximately $150,000. However, this estimate is subject to change, depending on the number of transactions in which we ultimately become involved. In addition, funding will be required for follow-on development of working interest obligations of any successful exploration prospects.DATA

InSee its report dated September 12, 2016, our auditor, Dave Banerjee CPA, a Professional Accountancy Corporation, expressed an opinion that there is substantial doubt about our ability to continue as a going concern. Our financial statements do not include any adjustments that may result from the ~~outcome~~Financial ofStatements ~~this~~and ~~uncertainty.~~notes Wethereto ~~have~~commencing ~~generated~~on nopage ~~operating revenues since our inception~~F-1. We had an accumulated deficit of $7,219,239 as of May 31, 2016. Our continuation as a going concern is dependent upon future events, including our ability to raise additional capital and to generate positive cash flows.

~~Presently~~ITEM ~~we have no employees except for our four executive officers consisting of Dianwen Ju, Jimmy Wang, Xiao Chen and Guofeng Xu~~9. ~~Changes~~CHANGES inIN ~~the~~AND ~~number~~DISAGREEMENTS ofWITH ~~employees~~ACCOUNTANTS ~~during~~ON ~~the~~ACCOUNTING ~~next~~AND ~~twelve~~FINANCIAL ~~months will be a function of the level of business activity.~~DISCLOSURE

~~We intend to contract out certain technical and administrative functions on an as-needed basis in order to conduct our operating activities~~None. ~~Our management team will select and hire these contractors and manage and evaluate their work performance.~~

~~Results~~ITEM of9A. ~~Operations~~CONTROLS AND PROCEDURES

~~Revenues~~Evaluation of Our Disclosure Controls and Internal Controls

We ~~have~~maintain ~~had~~disclosure nocontrols ~~revenues~~and ~~since~~procedures that are designed to ensure that material information required to be disclosed in our ~~inception~~periodic reports filed under the Exchange Act is recorded, processed, summarized, and reported within the time periods specified in the SEC’s rules and forms and to ensure that such information is accumulated and communicated to our management, including our chief executive officer and chief financial officer, as appropriate, to allow timely decisions regarding required disclosure. During the fiscal year ended May 31, 2017 we carried out an evaluation, under the supervision and with the participation of our management, including our principal executive officer and our principal financial officer, of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13(a)-15(e) and 15d-15(e) under the 1934 Act. Based on this evaluation, management concluded that, as of May 31, 2017, our disclosure controls and procedures were effective.

~~Expenses~~Management’s Report on Internal Control over Financial Reporting

WeOur ~~had~~management ~~operating~~is ~~expenses~~responsible offor ~~$38,348~~establishing and ~~$33,735~~maintaining ~~for~~adequate ~~the~~internal ~~years~~control ~~ended~~over ~~May~~financial ~~31,~~reporting. ~~2016~~Our ~~and~~internal ~~2015,~~control ~~respectively.~~over ~~The~~financial ~~increase~~reporting inis ~~operating~~a ~~expenses~~process ~~during~~designed to provide reasonable assurance regarding the ~~year~~reliability ~~ended~~of ~~May~~financial ~~31,~~reporting ~~2016~~and ~~was~~the ~~attributable~~preparation toof a,financial ~~increase~~statements for external reporting purposes in ~~general~~accordance ~~and~~with ~~administrative~~U.S. ~~expenses~~generally accepted accounting principles.

~~Net~~Our ~~Loss~~internal control over financial reporting includes those policies and procedures that (i) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect transactions and dispositions of assets; (ii) provide reasonable assurances that transactions are recorded as necessary to permit preparation of financial statements in accordance with U.S. generally accepted accounting principles, and that receipts and expenditures are being made only in accordance with authorizations of our management and directors; and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets that could have a material effect on our financial statements. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements.

WeManagement ~~incurred~~assessed ~~net~~the ~~losses~~effectiveness ~~for~~of ~~the~~our ~~years~~internal ~~ended~~control over financial reporting as of May 31, ~~2016~~2017 ~~and~~based ~~2015~~on the framework established in Internal Control—Integrated Framework issued by the Committee of ~~$38~~Sponsoring Organizations of the Treadway Commission (COSO). Based on that assessment,~~348~~ ~~and~~management ~~$33~~concluded that,~~735~~ as of May 31, ~~respectively.~~2017, ~~The~~our ~~increase~~internal incontrol ~~net~~over ~~loss~~financial reporting was ~~directly~~effective ~~attributable~~based toon anthe ~~increase~~criteria established in ~~general~~Internal ~~and~~Control—Integrated ~~administrative expenses~~Framework.

~~Liquidity and Capital Resources~~16

AtLimitations ~~May~~on ~~31,~~Effectiveness ~~2016 we had a working capital deficit~~ of ~~$175,027~~Controls compared to a working capital deficit of $136,679 at May 31, 2015. Current liabilities remained the same at $109,650 at May 31, 2016 from May 31, 2015. Current assets increased from $2,972 at May 31, 2015 to $14,624 at May 31, 2016 due to an increase in cash and ~~cash equivalents.~~ Procedures

WeOur ~~will~~management, ~~attempt~~including toour ~~raise~~Chief ~~capital~~Executive ~~for~~Officer (principal executive officer) and Chief Financial Officer (principal financial officer), does not expect that our ~~current~~disclosure ~~operational~~controls ~~needs~~and ~~through~~procedures ~~loans~~or ~~from~~our ~~related~~internal ~~parties~~controls will prevent all errors and all fraud. A control system, ~~debt~~no ~~financing~~matter how well conceived and operated, ~~equity~~can ~~financing~~provide oronly areasonable, ~~combination~~not absolute, assurance that the objectives of ~~financing~~the ~~options~~control system are met. ~~However,~~Our ~~there~~control systems are nodesigned ~~existing~~to ~~understandings~~provide such reasonable assurance of achieving their objectives. Further, ~~commitments~~the ordesign ~~agreements~~of ~~for~~a ~~extension~~control system must reflect the fact that there are resource constraints and the benefits of ~~outstanding~~controls ~~notes~~must orbe anconsidered ~~infusion~~relative to their costs. Because of ~~capital~~the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and ~~there~~instances of fraud, if any, within our company have been detected. These inherent limitations include, but are nonot ~~assurances~~limited to, the realities that ~~effect~~judgments in decision-making can be faulty and that breakdowns can occur because of simple error or mistake. ~~Moreover~~Additionally, ~~our~~controls ~~need~~can ~~for~~be ~~capital~~circumvented ~~may~~by ~~change~~the ~~dramatically~~individual ifacts ~~and~~of ~~during~~some ~~that~~persons, ~~period~~by collusion of two or more people, weor ~~acquire~~by anmanagement ~~interest~~override of the control. The design of any system of controls also is based in apart ~~business~~upon ~~opportunity.~~certain ~~There~~assumptions about the likelihood of future events and there can be no ~~assurances~~assurance that any ~~additional~~design ~~financings~~ will besucceed ~~available~~in toachieving usits onstated ~~satisfactory~~goals ~~terms~~under ~~and~~all potential future conditions. Over time, ifcontrols atmay ~~all~~become inadequate because of changes in conditions, or the degree of compliance with the policies or procedures may deteriorate. ~~Unless~~Because weof ~~can~~the ~~obtain~~inherent ~~additional~~limitations ~~financing~~in a cost-effective control system, ~~our~~misstatements ~~ability~~due to ~~continue~~error asor afraud ~~going~~may ~~concern~~occur isand ~~doubtful~~not be detected.

~~Critical~~Changes ~~Accounting~~in ~~Policies~~Internal ~~and Estimates~~Controls

~~Cash~~During ~~and~~the ~~Cash~~fiscal ~~Equivalents~~year ended May 31, 2017, there were no changes in our internal control over financial reporting that materially affected or are reasonably likely to materially affect our internal controls over financial reporting.

WeITEM ~~consider~~9B. ~~all~~OTHER ~~highly liquid investments with an original maturity of three months or less as cash equivalents.~~INFORMATION

15None.

~~Use~~PART ~~of Estimates~~III

~~The~~ITEM preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period10. ~~Actual~~DIRECTORS, ~~results~~EXECUTIVE ~~could~~OFFICERS, ~~differ~~AND ~~from~~CORPORATE ~~those estimates.~~GOVERNANCE

~~Income~~Executive ~~Tax~~Officers, Directors and Key Employees

WeDirectors ~~account~~serve ~~for~~until ~~income~~the ~~taxes~~next ~~under~~annual ~~Accounting~~meeting ~~Standard~~of ~~Codification~~the ~~740~~stockholders, ~~(“ASC~~until ~~740”).~~their ~~Under~~successors ~~ASC 740 deferred taxes~~ are ~~provided~~elected onor aappointed ~~liability method whereby deferred tax assets are recognized for deductible temporary differences~~ and ~~operating~~qualified, ~~loss~~or ~~carryforwards~~until ~~and~~their ~~deferred~~prior ~~tax~~resignation ~~liabilities~~or ~~are recognized for taxable temporary differences~~removal. ~~Temporary~~Officers ~~differences~~serve ~~are~~for ~~the~~such ~~differences~~terms ~~between~~as ~~the~~determined ~~reported~~by ~~amounts~~our ~~of assets and liabilities and their tax bases~~Board. ~~Deferred~~Each ~~tax~~officer ~~assets~~holds ~~are~~office ~~reduced~~until bysuch aofficer’s ~~valuation~~successor ~~allowance when, in the opinion of management, it~~ is ~~more~~elected ~~likely~~or ~~than~~appointed ~~not~~and ~~that~~qualified ~~some portion~~ or ~~all~~until ofsuch ~~the~~officer’s ~~deferred~~earlier ~~tax~~resignation ~~assets~~or ~~will not be realized~~removal. ~~Deferred~~No ~~tax~~family ~~assets~~relationships ~~and~~exist ~~liabilities~~between ~~are~~any ~~adjusted for the effects~~ of ~~changes~~our inpresent ~~tax~~directors ~~laws~~ and ~~rates on the date of enactment~~officers.

~~Net~~The ~~Income~~following ~~(Loss)~~table ~~per~~sets ~~share~~forth certain information, as of May 31, 2017, with respect to our directors and executive officers.

The net income (loss) per share is computed by dividing the net income (loss) by the weighted average number of shares of common outstanding. Warrants, stock options, and common stock issuable upon the conversion of our preferred stock (if any), are not included in the computation if the effect would be anti-dilutive and would increase the earnings or decrease loss per share.

Name	Positions Held	Age	Date of Election or Appointment as Director

Dianwen Ju	President and Chief Executive Officer, Sole Director	48	April 25, 2011
Jimmy Wang	Treasurer	50	April 25, 2011
Xiao Chen	Chief Financial Officer	44	April 25, 2011
Guofeng Xu	Secretary	37	April 25, 2011

~~Revenue~~The ~~Recognition~~following is a brief account of the business experience during the past five years or more of each of our directors and executive officers.

~~Revenue is recognized on an accrual basis as earned under contract terms. We have had no revenue to date.~~17

~~Financial~~Dianwen ~~Instruments~~Ju, Ph.D. has served as our President, Chief Executive Officer and sole Director since April 25, 2011. He received a Ph.D. degree in Immunology in 1999, a Master’s degree in Pharmacology in 1994, and a Bachelor’s degree in Pharmacy in 1991 in Second Military Medical University, Shanghai, China. He joined Shanghai MediPharm Biotech in 2002 as a director of R&D and he is currently CEO and Chairman of MediPharm Biotech Pharmaceuticals Co. Ltd (Bermuda). He is also a Research Professor in Fudan University, Shanghai, China. He has 20 years of R&D experiences in biological drugs and new therapies for the treatment of malignant cancer. He has more than 40 publications in peer-reviewed international journals including Journal of Clinical Oncology, Cancer Research, Gene Therapy, International Journal of Oncology, Cancer Gene Therapy, Cancer Immunology & Immunotherapy, et al. He has invented 15 biotechnologies of which 8 are patented and the remaining 7 are pending. Before joining MediPharm in 2002, Dr. Ju had been an assistant director and a senior scientist in Shanghai Brilliance Biotech Institute and a lecturer in Immunology in Second Military Medical University for 6 years. Mr. Ju brings to our Board a wealth of experience derived from his services in various businesses. He has demonstrated strong acumen and ability to exercise sound judgment and has a reputation for integrity, honesty and adherence to ethical standards.

~~The~~Jimmy ~~carrying~~Wang ~~value~~has ofserved as our ~~financial~~Treasurer ~~instruments~~since April 25, ~~including~~2011. ~~cash~~He ~~and~~is ~~cash~~the ~~equivalents~~Chief Financial Officer of American Compass, Inc., where he has served, initially as ~~reported~~Chief inAccounting ~~our~~Officer, ~~balance~~since ~~sheet~~2003. Prior to joining American Compass, ~~approximates~~Inc., ~~fair~~he ~~value~~served as an accounting manager for Planned Parenthood of the Greater Miami Valley from 2000 to 2003. He has served as a Director for Nevada Gold Holdings, Inc. since January 25, 2011. He is a graduate of the City University of New York, where he majored in both Accounting & Information Systems and Economics.

~~Stock~~Xiao ~~Based~~Chen ~~Compensation~~has served as our Chief Financial Officer since April 25, 2011. He worked at Brilliance China Group from 1994 to 2001. From 2005 to 2008, he worked as director of finance at Shanghai Medipharm Co. Ltd. Since 2008, Mr. Chen has been working at Hybrid Kinetic Group Limited as vice general manager of investments in China. Mr. Chen holds a bachelor’s degree in investment management from Shanghai Finance University.

WeGuofeng ~~account~~Xu ~~for~~has ~~employee~~served ~~and~~as ~~non-employee~~our ~~stock~~Secretary ~~awards~~since ~~under~~November ~~ASC 718~~21, ~~whereby~~2011. ~~equity~~He ~~instruments~~performed ~~issued~~Ph.D. toResearch ~~employees~~involving ~~for~~the ~~services~~identification ~~are~~of ~~recorded~~new ~~based~~metalloprotease ongenes at the ~~fair~~University ~~value~~ of ~~the~~Virginia ~~instrument~~in ~~issued~~Charlottesville, ~~and~~Virginia ~~those~~from ~~issued~~August to2004 ~~non-employees~~until ~~are~~December ~~recorded~~2011. ~~based~~From onAugust ~~the~~2001 ~~fair~~until ~~value~~June of2004 he performed M.S. Research in Shanghai, China involving the ~~consideration~~anti-cancer drug Onconase. Mr. Xu received ora ~~the~~Ph.D. ~~fair~~in ~~value~~Cell ofBiology from the ~~equity~~University ~~instrument,~~of ~~whichever~~Virginia isin ~~more~~2011 ~~reliably~~and ~~measurable~~a B.D. in Biological Science and Technologies from Zhejiang University in Hangzhou China in 2001.

~~Recent~~Board ~~Accounting~~of ~~Pronouncements~~Directors; Board Committees

~~Refer~~Our todirectors ~~Note~~do 2not receive any remuneration for acting as such. Our directors may however be reimbursed their expenses, if any, for attendance at meetings of the Board. Our Board may designate from among its members an executive committee and one or more other committees. No such committees presently exist, due to the ~~Financial~~fact ~~Statements~~that ~~included~~we inpresently ~~Item~~have 8only ofone director. Accordingly, we do not have an audit committee or an audit committee financial expert. We are presently not required to have an audit committee financial expert and do not believe we otherwise need one at this ~~Annual~~time ~~Report~~due to our limited business operations. Similarly we do not have a nominating committee or a committee performing similar functions. Our sole director, Dianwen Ju, serves the functions of an audit committee and a nominating committee. We have not implemented procedures by which ~~discusses~~our security holders may recommend board nominees to us but expect to do so in the ~~most~~future, ~~recent~~when ~~accounting~~and ~~pronouncements~~if we ~~adopted~~engage in material business operations.

~~Off~~Corporate ~~Balance Sheet Arrangements~~Governance

~~None.~~Leadership Structure

~~Contractual~~Our ~~Obligations~~Board has one member, Dianwen Ju. Accordingly, we have not designated a chairman.

~~Not~~We ~~applicable~~are a small, development stage company which has yet to achieve operating revenues. We believe that our present management structure is appropriate for a company of our size and state of development.

~~ITEM~~Our 7ABoard is actively involved in our risk oversight function and collectively undertakes our risk oversight function. This review of our risk tolerances includes, but is not limited to, financial, legal and operational risks and other risks concerning our reputation and ethical standards.

~~QUANTITATIVE~~Given ~~AND~~our ~~QUALITATIVE~~size, ~~DISCLOSURES~~we ~~ABOUT~~do ~~MARKET~~not ~~RISK~~have a nominating committee or a diversity policy. Our Board monitors and assesses the need for and qualifications of additional directors. We may adopt a diversity policy in the future in connection with our anticipated growth.

~~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.~~18

~~ITEM~~Compliance 8.with Section 16(a) of the Exchange Act

~~FINANCIAL~~Section ~~STATEMENTS~~16(a) ~~AND~~of ~~SUPPLEMENTARY~~the ~~DATA~~Exchange Act, as amended, requires that our directors, executive officers and persons who own more than 10% of a class of our equity securities that are registered under the Exchange Act to file with the SEC initial reports of ownership and reports of changes of ownership of such registered securities.

~~See~~To our knowledge, based solely on a review of such materials as are required by the ~~Financial~~SEC, ~~Statements~~none of our officers, directors or beneficial holders of more than 10% of our issued and ~~notes~~outstanding ~~thereto~~shares ~~commencing~~of oncommon ~~page~~stock ~~F-1~~failed to timely file with the SEC any form or report required to be so filed pursuant to Section 16(a) of the Exchange Act, during the fiscal year ended May 31, 2017.

16Code of Ethics

~~ITEM~~In 92007, we adopted a Code of Ethics that applies to our principal executive officer, principal financial officer, principal accounting officer or controller, persons performing similar functions as well as to our directors and employees. A copy of our Code of Ethics will be provided to any person requesting same without charge. To request a copy of our Code of Ethics please make written request to our President c/o HK eBus Corporation at 800 East Colorado Boulevard, Suite 888, Pasadena, CA 91101.

~~CHANGES~~ITEM IN11. ~~AND~~EXECUTIVE ~~DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE~~COMPENSATION

~~None~~The following table sets forth, for the last two fiscal years, the compensation earned by or paid to (i) each individual who served as our principal executive officer during the last fiscal year, and (ii) our two most highly compensated executive officers, other than our principal executive officer, who were serving as our executive officers at the end of the last fiscal year. We refer to these individuals in the discussion below as our “named executive officers”.

~~ITEM~~Summary ~~9A.~~Compensation Table

CONTROLS AND PROCEDURES

Name and Principal Position	Year	Salary ($)	Bonus ($)	Stock Awards ($)	Option Awards ($)	Non-Equity Incentive Plan Compensation ($)	Non-qualified Deferred Compensation Earnings ($)	All Other Compensation ($)	Total ($)

Dianwen Ju, President and Chief Executive Officer	2017 2016	- -	- -	- -	- -	- -	- -	- -	- -

Jimmy Wang, Treasurer	2017 2016	- -	- -	- -	- -	- -	- -	- -	- -

Xiao Chen, Chief Financial Officer	2017 2016	- -	- -	- -	- -	- -	- -	- -	- -

~~Evaluation~~We have not issued any stock options or maintained any stock option or other incentive plans since our inception. We have no plans in place and have never maintained any plans that provide for the payment of ~~Our~~retirement ~~Disclosure~~benefits ~~Controls~~or benefits that will be paid primarily following retirement including, but not limited to, tax qualified deferred benefit plans, supplemental executive retirement plans, tax-qualified deferred contribution plans and ~~Internal~~nonqualified ~~Controls~~deferred contribution plans. Similarly, we have no contracts, agreements, plans or arrangements, whether written or unwritten, that provide for payments to the named executive officers or any other persons following, or in connection with the resignation, retirement or other termination of a named executive officer, or a change in control of us or a change in a named executive officer’s responsibilities following a change in control.

WeEmployment maintain disclosure controls and procedures that are designed to ensure that material information required to be disclosed in our periodic reports filed under the Exchange Act is recorded, processed, summarized, and reported within the time periods specified in the SEC’s rules and forms and to ensure that such information is accumulated and communicated to our management, including our chief executive officer and chief financial officer, as appropriate, to allow timely decisions regarding required disclosure. During the fiscal year ended May 31, 2016 we carried out an evaluation, under the supervision and with the participation of our management, including our principal executive officer and our principal financial officer, of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13(a)-15(e) and 15d-15(e) under the 1934 Act. Based on this evaluation, management concluded that, as of May 31, 2016, our disclosure controls and procedures were effective.Agreements

~~Management’s~~None ~~Report~~of onour ~~Internal~~current ~~Control~~officers ~~over~~or ~~Financial~~directors ~~Reporting~~has an employment agreement with us.

Our management is responsible for establishing and maintaining adequate internal control over financial reporting. Our internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external reporting purposes in accordance with U.S. generally accepted accounting principles.19

~~Our~~ITEM internal control over financial reporting includes those policies and procedures that (i) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect transactions and dispositions of assets; (ii) provide reasonable assurances that transactions are recorded as necessary to permit preparation of financial statements in accordance with U12.S. ~~generally~~SECURITY ~~accepted~~OWNERSHIP ~~accounting~~OF ~~principles,~~CERTAIN ~~and~~BENEFICIAL ~~that~~OWNERS ~~receipts~~AND ~~and~~MANAGEMENT ~~expenditures~~AND ~~are~~RELATED ~~being~~STOCKHOLDER made only in accordance with authorizations of our management and directors; and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets that could have a material effect on our financial statements. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements.MATTERS

~~Management~~The ~~assessed~~following ~~the~~table ~~effectiveness~~sets offorth ~~our~~information ~~internal~~with ~~control~~respect ~~over~~to ~~financial~~the ~~reporting~~beneficial asownership of ~~May~~our ~~31,~~common ~~2016~~stock ~~based~~known ~~on the framework established in Internal Control—Integrated Framework issued~~ by ~~the~~us ~~Committee of Sponsoring Organizations of the Treadway Commission (COSO). Based on that assessment, management concluded that,~~ as of ~~May~~August 3121, ~~2016,~~2017 ~~our internal control over financial reporting was effective based on the criteria established in Internal Control—Integrated Framework.~~by:

~~Limitations~~each onperson ~~Effectiveness~~or entity known by us to be the beneficial owner of ~~Controls~~more ~~and~~than ~~Procedures~~5% of our common stock;

~~Our~~each management, including our Chief Executive Officer (principal executive officer) and Chief Financial Officer (principal financial officer), does not expect that our disclosure controls and procedures or our internal controls will prevent all errors and all fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Our control systems are designed to provide such reasonable assurance of achieving their objectives. Further, the design of a control system must reflect the fact that there are resource constraints and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within our company have been detected. These inherent limitations include, but are not limited to, the realities that judgments in decision-making can be faulty and that breakdowns can occur because of simple error or mistake. Additionally, controls can be circumvented by the individual acts of some persons, by collusion of two or more people, or by management override of the control. The design of any system of controls also is based in part upon certain assumptions about the likelihood of future events and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions. Over time, controls may become inadequate because of changes in conditions, or the degree of compliance with the policies or procedures may deteriorate. Because of the inherent limitations in a cost-effective control system, misstatements due to error or fraud may occur and not be detected.directors;

~~Changes~~each inof ~~Internal~~our ~~Controls~~executive officers; and

~~During~~all ~~the~~of ~~fiscal year ended May 31, 2016, there were no changes in~~ our ~~internal~~directors ~~control~~and ~~over~~executive ~~financial~~officers ~~reporting~~as ~~that~~a ~~materially affected or are reasonably likely to materially affect our internal controls over financial reporting~~group.

17The percentages in the table have been calculated on the basis of treating as outstanding for a particular person, all shares of our common stock outstanding on such date and all shares of our common stock issuable to such holder in the event of exercise of outstanding options, warrants, rights or conversion privileges owned by such person at said date which are exercisable within 60 days of August 21, 2017. Except as otherwise indicated, the persons listed below have sole voting and investment power with respect to all shares of our common stock owned by them, except to the extent such power may be shared with a spouse.

ITEM 9B.

Name of Beneficial Owner	Title of Class	Amount and Nature of Beneficial Ownership⁽¹⁾	Percentage of Class⁽²⁾

Chimerica Capital, LLC 800 East Colorado Blvd, Suite 888 Pasadena, CA 91101	Common Stock, $0.00001 par value	350,000 share⁽³⁾	35.3%

Baden Energy Group Ltd. Rue Du Rhone 14 1204 Geneva, Switzerland	Common Stock, $0.00001 par value	65,256 shares	6.58%

Dianwen Ju 800 East Colorado Blvd, Suite 888 Pasadena, CA 91101	Common Stock, $0.00001 par value	50,000 shares	5.04%

Jimmy Wang 800 East Colorado Blvd, Suite 888 Pasadena, CA 91101	Common Stock, $0.00001 par value	400,000 share⁽³⁾	40.36%

Xiao Chen 800 East Colorado Blvd, Suite 888 Pasadena, CA 91101	Common Stock, $0.00001 par value	50,000 shares	5.04%

Goufeng Xu 800 East Colorado Blvd, Suite 888 Pasadena, CA 91101	Common Stock, $0.00001 par value	–	–

All directors and executive officers as a group (4 persons)	Common Stock, $0.00001 par value	500,000 shares⁽³⁾	50.44%

~~OTHER~~(1)As ~~INFORMATION~~used herein, the term beneficial ownership with respect to a security is defined by Rule 13d-3 under the Securities Exchange Act of 1934 as consisting of sole or shared voting power (including the power to vote or direct the vote) and/or sole or shared investment power (including the power to dispose or direct the disposition of) with respect to the security through any contract, arrangement, understanding, relationship or otherwise, including a right to acquire such power(s) during the next 60 days. Unless otherwise noted, beneficial ownership consists of sole ownership, voting and investment rights.

~~None.~~20

~~PART~~(2) ~~III~~There were 992,192 shares of common stock issued and outstanding on August 21, 2017.

~~ITEM~~(3) 10Jimmy Wang is the direct beneficial owner of 50,000 shares and the indirect beneficial owner of 350,000 shares. Jimmy Wang is deemed to have voting and investment power over the shares beneficially owned by Chimerica Capital, LLC.

~~DIRECTORS,~~Changes ~~EXECUTIVE~~in ~~OFFICERS, AND CORPORATE GOVERNANCE~~Control

~~Executive~~Not ~~Officers, Directors and Key Employees~~Applicable.

~~Directors~~Securities ~~serve~~Authorized ~~until the next annual meeting of the stockholders, until their successors are elected or appointed and qualified, or until their prior resignation or removal. Officers serve~~ for ~~such~~Issuance ~~terms~~Under asEquity ~~determined~~Compensation by our Board. Each officer holds office until such officer’s successor is elected or appointed and qualified or until such officer’s earlier resignation or removal. No family relationships exist between any of our present directors and officers.Plans

~~The~~We ~~following~~do ~~table~~not ~~sets~~presently ~~forth~~maintain ~~certain~~any ~~information,~~equity ascompensation ofplans ~~May~~and ~~31,~~have ~~2016,~~not ~~with~~maintained ~~respect~~any tosuch ~~our~~plans ~~directors~~since ~~and~~our ~~executive officers~~inception.

Name	Positions Held	Age	Date of Election or Appointment as Director
Dianwen Ju	President and Chief Executive Officer, Sole Director	47	April 25, 2011
Jimmy Wang	Treasurer	49	April 25, 2011
Xiao Chen	Chief Financial Officer	43	April 25, 2011
Guofeng Xu	Secretary	36	April 25, 2011

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE

~~The~~Director ~~following is a brief account of the business experience during the past five years or more of each of our directors and executive officers.~~Independence

~~Dianwen~~Our ~~Ju, Ph.D. has served as our President, Chief Executive Officer and~~ sole ~~Director~~present since April 25, 2011. He received a Ph.D. degree in Immunology in 1999, a Master’s degree in Pharmacology in 1994, and a Bachelor’s degree in Pharmacy in 1991 in Second Military Medical University, Shanghai, China. He joined Shanghai MediPharm Biotech in 2002 as a director ~~of R&D and he~~ is ~~currently~~not ~~CEO~~“independent” ~~and~~as ~~Chairman~~that ofterm ~~MediPharm Biotech Pharmaceuticals Co. Ltd (Bermuda). He~~ is ~~also~~defined aby ~~Research Professor in Fudan University, Shanghai, China. He has 20 years of R&D experiences in biological drugs and new therapies for~~ the ~~treatment~~National ofAssociation ~~malignant cancer. He has more than 40 publications in peer-reviewed international journals including Journal~~ of ~~Clinical~~Securities ~~Oncology,~~Dealers ~~Cancer~~Automated ~~Research,~~Quotations ~~Gene~~(“NASDAQ”) ~~Therapy,~~as ~~International~~our Journal of Oncology, Cancer Gene Therapy, Cancer Immunology & Immunotherapy, et al. He has invented 15 biotechnologies of which 8 are patented and the remaining 7 are pending. Before joining MediPharm in 2002, Dr. Ju had been an assistant director ~~and~~also aserves ~~senior~~as ~~scientist in Shanghai Brilliance Biotech Institute and a lecturer in Immunology in Second Military Medical University for 6 years. Mr. Ju brings to~~ our ~~Board~~President ~~a wealth of experience derived from his services in various businesses. He has demonstrated strong acumen~~ and ~~ability~~Chief toExecutive ~~exercise sound judgment and has a reputation for integrity, honesty and adherence to ethical standards~~Officer.

~~Jimmy~~ITEM ~~Wang has served as our Treasurer since April 25, 2011~~14. HePRINCIPAL isACCOUNTANT ~~the~~FEES ~~Chief~~AND Financial Officer of American Compass, Inc., where he has served, initially as Chief Accounting Officer, since 2003. Prior to joining American Compass, Inc., he served as an accounting manager for Planned Parenthood of the Greater Miami Valley from 2000 to 2003. He has served as a Director for Nevada Gold Holdings, Inc. since January 25, 2011. He is a graduate of the City University of New York, where he majored in both Accounting & Information Systems and Economics.SERVICES

~~Xiao~~Audit ~~Chen has served as our Chief Financial Officer since April 25, 2011~~Fees. He worked at Brilliance China Group from 1994 to 2001. From 2005 to 2008, he worked as director of finance at Shanghai Medipharm Co. Ltd. Since 2008, Mr. Chen has been working at Hybrid Kinetic Group Limited as vice general manager of investments in China. Mr. Chen holds a bachelor’s degree in investment management from Shanghai Finance University.

~~Guofeng~~The Xuaggregate ~~has~~fees ~~served~~billed asto ~~our~~us ~~Secretary~~by ~~since~~our ~~November~~principal ~~21,~~accountant ~~2011.~~for Heservices ~~performed~~rendered ~~Ph.D.~~during ~~Research involving~~ the ~~identification~~fiscal ofyears ~~new~~ended ~~metalloprotease~~May ~~genes at the University of Virginia in Charlottesville~~31, ~~Virginia~~2017 ~~from~~and ~~August~~2016 ~~2004~~are ~~until~~set ~~December~~forth ~~2011. From August 2001 until June 2004 he performed M.S. Research~~ in ~~Shanghai, China involving~~ the ~~anti-cancer~~table ~~drug Onconase. Mr. Xu received a Ph.D. in Cell Biology from the University of Virginia in 2011 and a B.D. in Biological Science and Technologies from Zhejiang University in Hangzhou China in 2001.~~below:

Fee Category	Fiscal year ended May 31, 2017		Fiscal year ended May 31, 2016
Audit fees⁽¹⁾	$	6,500	$	10,000
Audit-related fees⁽²⁾	$	0	$	0
Tax fees⁽³⁾	$	0	$	0
All other fees⁽⁴⁾	$	0	$	0
Total fees	$	6,500	$	10,000

~~Board~~(1)Audit fees consist of ~~Directors;~~fees ~~Board~~incurred ~~Committees~~for professional services rendered for the audit of consolidated financial statements, for reviews of our interim consolidated financial statements included in our quarterly reports on Form 10-Q and for services that are normally provided in connection with statutory or regulatory filings or engagements.

~~Our~~(2)Audit-related ~~directors~~fees doconsist ~~not~~of ~~receive~~fees ~~any~~billed ~~remuneration~~ for ~~acting~~professional asservices such. Our directors may however be reimbursed their expenses, if any, for attendance at meetings of the Board. Our Board may designate from among its members an executive committee and one or more other committees. No such committees presently exist, due to the fact that ~~we presently have only one director. Accordingly, we do not have an audit committee or an audit committee financial expert. We~~ are ~~presently~~reasonably ~~not~~related ~~required~~ to have an audit committee financial expert and do not believe we otherwise need one at this time due to our limited business operations. Similarly we do not have a nominating committee or a committee performing similar functions. Our sole director, Dianwen Ju, serves the ~~functions~~performance of anthe audit ~~committee~~or ~~and~~review aof ~~nominating committee. We have not implemented procedures by which~~ our ~~security~~consolidated ~~holders~~financial ~~may~~statements, ~~recommend board nominees to us~~ but ~~expect~~are tonot doreported sounder in“Audit ~~the future, when and if we engage in material business operations~~fees.”

~~Corporate~~(3)Tax ~~Governance~~fees consist of fees billed for professional services relating to tax compliance, tax planning, and tax advice.

~~Leadership~~(4)All ~~Structure~~other fees consist of fees billed for all other services.

~~Our~~Audit ~~Board~~Committee’s ~~has~~Pre-Approval ~~one member, Dianwen Ju~~Practice. ~~Accordingly, we have not designated a chairman.~~

WePrior ~~are~~to aour ~~small,~~engagement ~~development~~of ~~stage~~our ~~company~~independent ~~which~~auditor, ~~has~~such ~~yet~~engagement towas ~~achieve~~approved ~~operating~~by ~~revenues~~our Board. WeThe ~~believe~~services ~~that~~provided ~~our~~under ~~present~~this ~~management~~engagement ~~structure~~may include audit services, audit-related services, tax services and other services. Pre-approval is ~~appropriate~~generally provided for aup ~~company~~to one year and any pre-approval is detailed as to the particular service or category of services and is generally subject to a specific budget. Pursuant our ~~size~~requirements, the independent auditors and ~~state~~management are required to report to our board of ~~development~~directors at least quarterly regarding the extent of services provided by the independent auditors in accordance with this pre-approval, and the fees for the services performed to date. Our Board of directors may also pre-approve particular services on a case-by-case basis. All audit-related fees, tax fees and other fees incurred by us for the years ended May 31, 2017 and 2016 were approved by our Board.

Our Board is actively involved in our risk oversight function and collectively undertakes our risk oversight function. This review of our risk tolerances includes, but is not limited to, financial, legal and operational risks and other risks concerning our reputation and ethical standards.21

~~Given~~PART our size, we do not have a nominating committee or a diversity policy. Our Board monitors and assesses the need for and qualifications of additional directors. We may adopt a diversity policy in the future in connection with our anticipated growth.IV

~~Compliance~~ITEM ~~with~~15. ~~Section~~EXHIBITS ~~16(a)~~AND ofFINANCIAL ~~the~~STATEMENT ~~Exchange Act~~SCHEDULES

Section 16(a) of the Exchange Act, as amended, requires that our directors, executive officers and persons who own more than 10% of a class of our equity securities that are registered under the Exchange Act to file with the SEC initial reports of ownership and reports of changes of ownership of such registered securities.

		Page

Reports of Independent Registered Public Accounting Firm		F-2

Balance Sheets as of May 31, 2017 and 2016 (audited)		F-4

Statements of Operations for the years ended May 31, 2017 and 2016 (audited)		F-5

Statements of Changes in Stockholders’ Deficit for the years ended May 31, 2017, 2016 and 2015 (audited)		F-6

Statements of Cash Flows for the years ended May 31, 2017 and 2016 (audited)		F-7

Notes to the Financial Statements (audited)		F-8

ToFinancial ~~our~~Statement knowledge, based solely on a review of such materials as are required by the SEC, none of our officers, directors or beneficial holders of more than 10% of our issued and outstanding shares of common stock failed to timely file with the SEC any form or report required to be so filed pursuant to Section 16(a) of the Exchange Act, during the fiscal year ended May 31, 2016.Schedules

~~Code~~All offinancial ~~Ethics~~statement schedules are omitted because they are not applicable or the required information is shown in the financial statements or notes thereto.

In 2007, we adopted a Code of Ethics that applies to our principal executive officer, principal financial officer, principal accounting officer or controller, persons performing similar functions as well as to our directors and employees. A copy of our Code of Ethics will be provided to any person requesting same without charge. To request a copy of our Code of Ethics please make written request to our President c/o HK eBus Corporation at 800 East Colorado Boulevard, Suite 888, Pasadena, CA 91101.Exhibits

19In reviewing the agreements included as exhibits to this Annual Report, please remember that they are included to provide investors with information regarding their terms and are not intended to provide any other factual or disclosure information about our company or the other parties to the agreements. The agreements may contain representations and warranties by each of the parties to the applicable agreement. These representations and warranties have been made solely for the benefit of the parties to the applicable agreement and:

~~ITEM~~should ~~11.~~not in all instances be treated as categorical statements of fact, but rather as a way of allocating the risk to one of the parties if those statements prove to be inaccurate;

~~EXECUTIVE~~have ~~COMPENSATION~~been qualified by disclosures that were made to the other party in connection with the negotiation of the applicable agreement, which disclosures are not necessarily reflected in the agreement;

~~The~~may ~~following~~apply ~~table~~standards ~~sets~~of ~~forth,~~materiality ~~for~~in ~~the~~a ~~last~~way ~~two~~that ~~fiscal~~is ~~years,~~different ~~the~~from ~~compensation~~what ~~earned~~may bybe orviewed ~~paid to (i) each individual who served~~ as ~~our~~material ~~principal~~to ~~executive~~existing ~~officer during the last fiscal year,~~ and ~~(ii)~~potential ~~our~~investors; two most highly compensated executive officers, other than our principal executive officer, who were serving as our executive officers at the end of the last fiscal year. We refer to these individuals in the discussion below as our “named executive officers”.and

~~Summary~~were ~~Compensation~~made ~~Table~~only as of the date of the applicable agreement or such other date or dates as may be specified in the agreement and are subject to more recent developments.

Name and Principal Position	Year	Salary ($)	Bonus ($)	Stock Awards ($)	Option Awards ($)	Non-Equity Incentive Plan Compensation ($)	Non-qualified Deferred Compensation Earnings ($)	All Other Compensation ($)	Total ($)
Dianwen Ju, President and Chief Executive Officer	2016 2015	0 0	0 0	0 0	0 0	0 0	0 0	0 0	0 0
Jimmy Wang, Treasurer	2016 2015	0 0	0 0	0 0	0 0	0 0	0 0	0 0	0 0
Xiao Chen, Chief Financial Officer	2016 2015	0 0	0 0	0 0	0 0	0 0	0 0	0 0	0 0

Accordingly, these representations and warranties may not describe the actual state of affairs as of the date they were made or at any other time. Additional information about the Company may be found elsewhere in this Annual Report and our other public filings, which are available without charge through the SEC’s website at http://www.sec.gov.

We have not issued any stock options or maintained any stock option or other incentive plans since our inception. We have no plans in place and have never maintained any plans that provide for the payment of retirement benefits or benefits that will be paid primarily following retirement including, but not limited to, tax qualified deferred benefit plans, supplemental executive retirement plans, tax-qualified deferred contribution plans and nonqualified deferred contribution plans. Similarly, we have no contracts, agreements, plans or arrangements, whether written or unwritten, that provide for payments to the named executive officers or any other persons following, or in connection with the resignation, retirement or other termination of a named executive officer, or a change in control of us or a change in a named executive officer’s responsibilities following a change in control.22

~~Employment~~The ~~Agreements~~following exhibits are included as part of this report:

None of our current officers or directors has an employment agreement with us.

Exhibit No.		Description

3.1		Articles of Incorporation of the Registrant, as filed with the Nevada Secretary of State on November 18, 2005 ⁽¹⁾

3.2		Certificate of Amendment filed with the Nevada Secretary of State on October 14, 2009 ⁽²⁾

3.3		Certificate of Amendment filed with the Nevada Secretary of State on August 5, 2013 ⁽¹⁵⁾

3.4		Certificate of Amendment filed with the Nevada Secretary of State on August 31, 2015 ⁽¹⁷⁾

3.5		Bylaws of the Registrant ⁽¹⁾

4.1		Warrant dated August 12, 2009 exercisable for 319,419 shares issued to Baden Energy Group Ltd. ⁽³⁾

4.2		Warrant dated September 22, 2009 exercisable for 60,000 shares issued to Baden Energy Group Ltd. ⁽⁴⁾

10.1		Assignment of Quit Claim of Oil and Gas Leases, dated May 15, 2006 ⁽¹⁾

10.2		Joint Venture Agreement with DNR Oil & Gas Inc., dated May 15, 2006 ⁽¹⁾

10.3		Joint Venture Agreement with Colorado Oil & Gas, Inc., dated May 15, 2006 ⁽¹⁾

10.4		Well Service and Operating Agreement dated May 11, 2007 between Registrant and DNR Oil & Gas Company ⁽⁵⁾

10.5		Memorandum of Intent, dated May 22, 2008 between Registrant and Coastal Petroleum Company ⁽⁶⁾

10.6		Assignment of Farmout Interest dated June 16, 2008 between Registrant and West Canyon Energy Corp. ⁽⁷⁾

10.7		Formal Agreement dated June 18, 2008 between Registrant and Coastal Petroleum Corp. ⁽⁷⁾

10.8		Share Issuance Agreement dated July 6, 2009 between Registrant and Baden Energy Group Ltd. ⁽⁹⁾

10.9		Purchase Agreement dated July 25, 2009 between Registrant and Enercor, Inc. ⁽¹⁰⁾

10.10		Purchase Agreement dated August 5, 2009 between Registrant and Enercor, Inc. ⁽¹¹⁾

10.11		Purchase Agreement dated August 12, 2009 between Registrant and Enercor, Inc. ⁽¹²⁾

10.12		July 6, 2009 Advisory Board Agreement with Warren Dillard ⁽¹³⁾

10.13		Investment Agreement between Registrant and Dutchess Opportunity Fund II, LP, dated January 28, 2010 ⁽²⁾

10.14		Registration Rights Agreement between Registrant and Dutchess Opportunity Fund II, LP, dated January 28, 2010 ⁽²⁾

10.15		Settlement Agreement, effective September 8, 2009 between Registrant and Cobra Oil & Gas Corporation ⁽¹⁴⁾

14.1		Code of Ethics ⁽⁸⁾

16.1		Letter from Anton & Chia, LLP regarding changes in Registrant’s certifying accountant (16)

16.2		Engagement Agreement with Dave Banerjee CPA, a Professional Accountancy Corporation, regarding changes in Registrant’s certifying accountant (16)

~~ITEM 12.~~23

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS


31.1*		Certification of Principal Executive Officer pursuant to Rule 15d-15(e), promulgated under the Securities and Exchange Act of 1934, as amended

31.2*		Certification of Principal Financial Officer pursuant to Rule 15d-15(e), promulgated under the Securities and Exchange Act of 1934, as amended

32.1**		Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Chief Executive Officer)

32.2**		Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Chief Financial Officer)

101.INS†		XBRL Instance Document

101.SCH†		XBRL Schema Document

101.CAL†		XBRL Calculation Linkbase Document

101.DEF†		XBRL Definition Linkbase Document

101.LAB†		XBRL Label Linkbase Document

101.PRE†		XBRL Presentation Linkbase Document

~~The~~* ~~following~~Filed ~~table sets forth information with respect to the beneficial ownership of our common stock known by us as of September 12, 2016 by:~~herewith.

·** This certification is being furnished and shall not be deemed “filed” with the SEC for purposes of Section 18 of the Exchange Act, or otherwise subject to the liability of that section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act or the Exchange Act, except to the extent that the registrant specifically incorporates it by reference.

~~each~~† ~~person~~Pursuant orto ~~entity~~Rule ~~known~~406T byof usRegulation S-T, this XBRL related information shall not be deemed to be “filed” for purposes of Section 18 of the ~~beneficial~~Exchange ~~owner~~Act, or otherwise subject to the liability of ~~more~~that ~~than~~section, 5%and shall not be deemed part of ~~our~~a ~~common~~registration ~~stock;~~statement, prospectus or other document filed under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such filings.

·(1) Filed as an exhibit, numbered as indicated above, to Registrant’s Registration Statement on Form SB-2, as filed with the Securities and Exchange Commission on July 25, 2006, which exhibit is incorporated herein by reference.

~~each~~(2) Filed ofas ~~our~~an ~~directors;~~exhibit, numbered as indicated above, to Registrant’s Current Report on Form 8-K, dated October 14, 2009, as filed with the Securities and Exchange Commission on February 3, 2010, which exhibit is incorporated herein by reference.

·(3) Filed as an exhibit, numbered as indicated above, to Registrant’s Current Report on Form 8-K dated August 12, 2009, as filed with the Securities and Exchange Commission on August 17, 2009, which exhibit is incorporated herein by reference.

~~each~~(4) ofFiled ~~our~~as ~~executive~~an ~~officers;~~exhibit, numbered as indicated above, to Registrant’s Current Report on Form 8-K dated September 22, 2009, as filed with the Securities and Exchange Commission on September 25, 2009, which exhibit is incorporated herein by reference.

·(5) Filed as an exhibit, numbered as indicated above, to Registrant’s Quarterly Report on Form 10-QSB for the quarter ended August 31, 2007, as filed with the Securities and Exchange Commission on October 15, 2007, which exhibit is incorporated herein by reference.

~~all~~(6) ofFiled ~~our~~as ~~directors~~an ~~and~~exhibit, ~~executive~~numbered ~~officers~~as indicated above, to Registrant’s Current Report on Form 8-K dated May 22, 2008, as afiled ~~group~~with the Securities and Exchange Commission on May 27, 2008, which exhibit is incorporated herein by reference.

~~The~~(7) ~~percentages~~Filed inas ~~the~~an ~~table~~exhibit, ~~have~~numbered ~~been calculated on the basis of treating~~ as ~~outstanding~~indicated ~~for a particular person~~above, ~~all~~to ~~shares~~Registrant’s ofCurrent ~~our~~Report ~~common stock outstanding~~ on ~~such~~Form ~~date~~8-K ~~and~~dated ~~all~~June ~~shares of our common stock issuable to such holder in the event of exercise of outstanding options~~10, ~~warrants~~2008, ~~rights or conversion privileges owned by such person at said date which are exercisable within 60 days of September 12, 2016. Except~~ as ~~otherwise~~filed ~~indicated,~~with the ~~persons~~Securities ~~listed below have sole voting~~ and ~~investment~~Exchange ~~power~~Commission ~~with~~on ~~respect~~July to2, ~~all~~2008, ~~shares~~which ofexhibit ~~our~~is ~~common~~incorporated ~~stock~~herein ~~owned~~ by ~~them, except to the extent such power may be shared with a spouse~~reference.

20(8) Filed as an exhibit, numbered as indicated above, to Registrant’s Annual Report on Form 10-KSB for the year ended May 31, 2007, as filed with the Securities and Exchange Commission on August 28, 2007, which exhibit is incorporated herein by reference.

Name of Beneficial Owner	Title of Class	Amount and Nature of Beneficial Ownership(1)	Percentage of Class(2)
Chimerica Capital, LLC 800 East Colorado Blvd, Suite 888 Pasadena, CA 91101	Common Stock, $0.00001 par value	350,000 share (3)	35.3%
Baden Energy Group Ltd. Rue Du Rhone 14 1204 Geneva, Switzerland	Common Stock, $0.00001 par value	65,256 shares	6.58%
Dianwen Ju 800 East Colorado Blvd, Suite 888 Pasadena, CA 91101	Common Stock, $0.00001 par value	50,000 shares	5.04%
Jimmy Wang 800 East Colorado Blvd, Suite 888 Pasadena, CA 91101	Common Stock, $0.00001 par value	400,000 share (3)	40.36%
Xiao Chen 800 East Colorado Blvd, Suite 888 Pasadena, CA 91101	Common Stock, $0.00001 par value	50,000 shares	5.04%
Goufeng Xu 800 East Colorado Blvd, Suite 888 Pasadena, CA 91101	Common Stock, $0.00001 par value	–	–
All directors and executive officers as a group (4 persons)	Common Stock, $0.00001 par value	500,000 shares(3)	50.44%

(19) Filed as an exhibit, numbered as indicated above, to Registrant’s Current Report on Form 8-K dated July 6, 2009, as filed with the Securities and Exchange Commission on July 14, 2009, which exhibit is incorporated herein by reference.

As(10) ~~used~~Filed ~~herein,~~as ~~the~~an ~~term~~exhibit, ~~beneficial~~numbered ~~ownership~~as ~~with~~indicated ~~respect~~above, to aRegistrant’s ~~security~~Current isReport ~~defined~~on byForm ~~Rule 13d~~8-3K ~~under~~dated ~~the~~July ~~Securities~~25, ~~Exchange~~2009, ~~Act of 1934~~ as ~~consisting~~filed ofwith ~~sole or shared voting power (including~~ the ~~power~~Securities ~~to vote or direct the vote)~~ and~~/or~~ ~~sole~~Exchange orCommission ~~shared~~on ~~investment~~July ~~power (including the power to dispose or direct the disposition of) with respect to the security through any contract~~30, ~~arrangement~~2009, ~~understanding,~~which ~~relationship~~exhibit oris ~~otherwise,~~incorporated ~~including~~herein aby ~~right to acquire such power(s) during the next 60 days~~reference. ~~Unless otherwise noted, beneficial ownership consists of sole ownership, voting and investment rights.~~

(211) Filed as an exhibit, numbered as indicated above, to Registrant’s Current Report on Form 8-K dated August 5, 2009, as filed with the Securities and Exchange Commission on August 11, 2009, which exhibit is incorporated herein by reference.

~~There~~(12) ~~were~~Filed ~~992~~as an exhibit,~~192~~ ~~shares~~numbered ofas ~~common~~indicated ~~stock~~above, ~~issued~~to ~~and~~Registrant’s ~~outstanding~~Current Report on ~~September~~Form 8-K dated August 12, ~~2016~~2009, as filed with the Securities and Exchange Commission on August 17, 2009, which exhibit is incorporated herein by reference.

(313) Filed as an exhibit, numbered as indicated above, to Registrant’s Annual Report on Form 10-K for the year ended May 31, 2009, as filed with the Securities and Exchange Commission on August 20, 2009, which exhibit is incorporated herein by reference.

~~Jimmy~~(14) ~~Wang~~Filed isas ~~the~~an ~~direct~~exhibit, ~~beneficial~~numbered ~~owner~~as ofindicated 50above,~~000~~ ~~shares~~to ~~and~~Registrant’s ~~the~~Quarterly ~~indirect~~Report ~~beneficial~~on ~~owner~~Form of10-Q ~~350,000~~for ~~shares.~~the ~~Jimmy~~quarter ~~Wang~~ended isAugust ~~deemed~~31, to2009, ~~have~~which ~~voting~~exhibit ~~and~~is ~~investment~~incorporated ~~power~~herein ~~over the shares beneficially owned~~ by ~~Chimerica~~ ~~Capital, LLC~~reference.

~~Changes~~(15) inFiled ~~Control~~as an exhibit, numbered as indicated above, to Registrant’s Current Report on Form 8-K dated August 5, 2013, as filed with the Securities and Exchange Commission on August 8, 2013, which exhibit is incorporated herein by reference.

~~Not~~(16) ~~Applicable~~Filed as an exhibit, numbered as indicated above, to Registrant’s Current Report on Form 8-K dated June 5, 2015, as filed with the Securities and Exchange Commission on June 11, 2015, which exhibit is incorporated herein by reference.

~~Securities~~(17) ~~Authorized~~Filed as an exhibit, numbered as indicated above, to Registrant’s Annual Report on Form 10-K for ~~Issuance~~the ~~Under~~year ~~Equity~~ended ~~Compensation~~May ~~Plans~~31, 2015, as filed with the Securities and Exchange Commission on September 15, 2015, which exhibit is incorporated herein by reference.

~~We do not presently maintain any equity compensation plans and have not maintained any such plans since our inception.~~25

~~ITEM 13.~~SIGNATURES

~~CERTAIN~~Pursuant ~~RELATIONSHIPS~~to ~~AND~~the ~~RELATED~~requirements ~~TRANSACTIONS~~of Section 13 or 15(d) of the Securities Exchange Act of 1934, ~~AND~~as ~~DIRECTOR~~amended, ~~INDEPENDENCE~~the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

~~Director~~HK ~~Independence~~EBUS CORPORATION

~~Our~~Dated: ~~sole~~August ~~present~~21, ~~director~~2017By: is/s/ ~~not~~Dianwen “independent” as that term is defined by the National Association of Securities Dealers Automated Quotations (“NASDAQ”) as our director also serves as our President and Chief Executive Officer.Ju

21Name: Dianwen Ju

~~ITEM~~Title: ~~14.~~President and Chief Executive Officer

~~PRINCIPAL~~Dated: ~~ACCOUNTANT~~August ~~FEES~~21, ~~AND~~2017By: ~~SERVICES~~/s/ Xiao Chen

~~Audit~~Name: ~~Fees.~~Xiao Chen

~~The~~Title: ~~aggregate~~Chief ~~fees~~Financial ~~billed to us by our principal accountant for services rendered during the fiscal years ended May 31, 2016~~ and ~~2015~~Accounting ~~are set forth in the table below:~~Officer

Fee Category	Fiscal year ended May 31, 2016		Fiscal year ended May 31, 2015
Audit fees(1)	$	10,000	$	6,250
Audit-related fees(2)	$	0	$	0
Tax fees(3)	$	0	$	0
All other fees(4)	$	0	$	0
Total fees	$	10,000	$	6,250

Pursuant to the requirements of the Exchange Act this report has been signed below by the following persons on behalf of the Registrant and in the capacities indicated on this 21st day of August, 2017.

~~(1)~~/s/ Dianwen Ju

~~Audit~~Dianwen ~~fees consist of fees incurred for professional services rendered for the audit of consolidated financial statements~~Ju, for reviews of our interim consolidated financial statements included in our quarterly reports on Form 10-Q and for services that are normally provided in connection with statutory or regulatory filings or engagements.

~~(2)~~President, Chief Executive Officer, and Director

Audit-related fees consist of fees billed for professional services that are reasonably related to the performance of the audit or review of our consolidated financial statements, but are not reported under “Audit fees.” 26

~~(3)~~FINANCIAL STATEMENTS

~~Tax~~INDEX ~~fees~~TO ~~consist~~FINANCIAL ~~of fees billed for professional services relating to tax compliance, tax planning, and tax advice.~~STATEMENTS

(4)


		Page

Report of Independent Registered Public Accounting Firm		F-2

Balance Sheets as of May 31, 2017 and 2016 (audited)		F-3

Statements of Operations for the years ended May 31, 2017 and 2016 (audited)		F-4

Statements of Changes in Stockholders’ Deficit for the years ended May 31, 2017, 2016 and 2015 (audited)		F-5

Statements of Cash Flows for the years ended May 31, 2017 and 2016 (audited)		F-6

Notes to the Financial Statements (audited)		F-7

~~All other fees consist of fees billed for all other services.~~F-1

~~Audit Committee’s Pre~~F-~~Approval Practice.~~ 2

Prior to our engagement of our independent auditor, such engagement was approved by our Board. The services provided under this engagement may include audit services, audit-related services, tax services and other services. Pre-approval is generally provided for up to one year and any pre-approval is detailed as to the particular service or category of services and is generally subject to a specific budget. Pursuant our requirements, the independent auditors and management are required to report to our board of directors at least quarterly regarding the extent of services provided by the independent auditors in accordance with this pre-approval, and the fees for the services performed to date. Our Board of directors may also pre-approve particular services on a case-by-case basis. All audit-related fees, tax fees and other fees incurred by us for the years ended May 31, 2016 and 2015 were approved by our Board.

HK eBus Corporation

BALANCE SHEETS

		May 31,		May 31,
		2017		2016

ASSETS
Current assets
	Cash	$	8,611	$	14,624
Total assets (all current)		$	8,611	$	14,624

LIABILITIES AND STOCKHOLDERS' DEFICIT

Current liabilities
	Accounts payable	$	990	$	791
	Due to related party		103,859		108,859
Total current liabilities			104,849		109,650

Non-Current liabilities
	Due to related party, net of current portion		105,000		80,000

Total liabilities			209,849		189,650

Stockholders' deficit
	Preferred stock, $.00001 par value; 100,000,000 shares authorized; no shares issued or outstanding		-		-
	Common stock, $.00001 par value; 300,000,000 authorized; 992,192 shares issued and outstanding as of May 31, 2017 and May 31, 2016		991		991
	Additional paid in capital		7,043,222		7,043,222
	Accumulated deficit		(7,245,451)		(7,219,239)
Total stockholders' deficit			(201,239)		(175,027)

Total liabilities and stockholders' deficit		$	8,611	$	14,624

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

22F-3

PART IV

HK eBus Corporation

STATEMENTS OF OPERATIONS

		For the year ended		For the year ended
		May 31,		May 31,
		2017		2016

Revenue		$	-	$	-

Operating expenses
	General and administrative expenses		26,212		38,348
Total operating expenses			26,212		38,348

Loss from operations			(26,212)		(38,348)

Net loss		$	(26,212)	$	(38,348)

Basic and diluted loss per common share		$	(0.03)	$	(0.04)

Weighted average shares outstanding			992,192		992,192

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

~~ITEM 15.~~F-4

EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

HK eBus Corporation

STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT

	Preferred Stock		Common Stock		Additional Paid-in	Deficit	Stockholders'
	Shares	Amount ($)	Shares	Amount ($)	Capital ($)	Accumulated ($)	Equity ($)

Net loss for the period ended	-	-	-	-	-	(33,735)	(33,735)
Balance at May 31, 2015	-	-	992,192	991	7,043,222	(7,180,891)	(136,678)

Net loss for the period ended	-	-	-	-	-	(38,348)	(38,348)
Balance at May 31, 2016	-	-	992,192	991	7,043,222	(7,219,239)	(175,026)

Net loss for the period ended	-	-	-	-	-	(26,212)	(26,212)
Balance at May 31, 2017	-	-	992,192	991	7,043,222	(7,245,451)	(201,239)

		Page
Reports of Independent Registered Public Accounting Firm		F-2
Balance Sheets as of May 31, 2016 and 2015 (audited)		F-4
Statements of Operations for the years ended May 31, 2016 and 2015 (audited)		F-5
Statements of Changes in Stockholders’ Deficit for the years ended May 31, 2016, 2015 and 2014 (audited)		F-6
Statements of Cash Flows for the years ended May 31, 2016 and 2015 (audited)		F-7
Notes to the Financial Statements (audited)		F-8

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

~~Financial Statement Schedules~~F-5

~~All~~HK ~~financial~~eBus ~~statement schedules are omitted because they are not applicable or the required information is shown in the financial statements or notes thereto.~~Corporation

~~Exhibits~~STATEMENTS OF CASH FLOWS

In reviewing the agreements included as exhibits to this Annual Report, please remember that they are included to provide investors with information regarding their terms and are not intended to provide any other factual or disclosure information about our company or the other parties to the agreements. The agreements may contain representations and warranties by each of the parties to the applicable agreement. These representations and warranties have been made solely for the benefit of the parties to the applicable agreement and:

			For the year ended		For the year ended
			May 31,		May 31,
			2017		2016
Operating Activities:
		Net loss	$	(26,212)	$	(38,348)
	Changes operating assets and liabilities:
		Accounts payable		199		-
		Due to related party		20,000		50,000
Net cash provided by (used in) operating activities				(6,013)		11,652

	Net increase (decrease) in cash			(6,013)		11,652

	Cash at the beginning of period			14,624		2,972

	Cash at the end of period		$	8,611	$	14,624

Supplemental disclosures of cash flow Information:
	Cash paid for interest		$	-	$	-
	Cash paid for income taxes		$	-	$	-

·The accompanying notes are an integral part of these financial statements.

~~should not in all instances be treated as categorical statements of fact, but rather as a way of allocating the risk to one of the parties if those statements prove to be inaccurate;~~F-6

·HK EBUS CORPORATION

~~have~~ ~~been~~(A ~~qualified~~Development byStage ~~disclosures that were made to the other party in connection with the negotiation of the applicable agreement, which disclosures are not necessarily reflected in the agreement;~~ Company)

·NOTES TO THE FINANCIAL STATEMENTS

~~may~~May ~~apply~~31, ~~standards~~2017 ~~of materiality in a way that is different from what may be viewed as material to existing~~ and ~~potential investors; and~~ 2016

·NOTE 1. ORGANIZATION AND NATURE OF OPERATIONS

~~were~~HK ~~made~~eBus ~~only~~Corporation, formerly known as ofRambo Medical Group, Inc., was incorporated in the ~~date~~State of Nevada on November 18, 2005. On October 14, 2009, the ~~applicable~~Company ~~agreement~~filed ora ~~such~~Certificate of Amendment to its Articles of Incorporation to increase its shares of authorized common stock from 100,000,000 to 300,000,000 and to change its name from Cobra Oil and Gas Company to Viper Resources, Inc. The Company was formed to engage in identifying, investigating, exploring, and where determined advantageous, developing, mining, refining, and marketing oil and gas. The Company may also engage in any other ~~date~~business orpermitted ~~dates~~by law, as ~~may~~designated beby ~~specified~~the Board of Directors of the Company. On April 25, 2011, the Company’s previous management was replaced in its entirety. In May 2012, the ~~agreement~~Company’s management determined to discontinue its oil and ~~are~~gas ~~subject~~operations, and attempt to ~~more~~acquire ~~recent~~other ~~developments~~assets or business operations that will maximize shareholder value. On August 31, 2015, the Company changed its name to HK EBUS Corporation and changed its ticker symbol to HKEB.

~~Accordingly,~~NOTE ~~these representations and warranties may not describe the actual state of affairs as of the date they were made or at any other time~~2. ~~Additional~~BASIS ~~information~~OF ~~about~~PRESENTATION ~~the~~AND ~~Company~~SUMMARY ~~may~~OF beSIGNIFICANT ~~found~~ACCOUNTING ~~elsewhere in this Annual Report and our other public filings, which are available without charge through the SEC’s website at http://www.sec.gov.~~POLICIES

23A summary of significant accounting policies of HK eBus Corporation (hereinafter the “Company”), a company organized in the state of Nevada (A Development Stage Company) is presented to assist in understanding the Company’s financial statements. The accounting policies presented in these footnotes conform to accounting principles generally accepted in the United States of America and have been consistently applied in the preparation of the accompanying financial statements. These financial statements and notes are representations of the Company’s management who are responsible for their integrity and objectivity. The Company has not realized significant revenues from its planned principal business purpose and is considered to be in its development state in accordance with ASC 915, “Development Stage Entities”, formerly known as SFAS 7, “Accounting and Reporting by Development State Enterprises.”

~~The~~Basis ~~following exhibits are included as part~~ of ~~this report:~~ Presentation

Exhibit No.		Description
3.1		Articles of Incorporation of the Registrant, as filed with the Nevada Secretary of State on November 18, 2005 (1)
3.2		Certificate of Amendment filed with the Nevada Secretary of State on October 14, 2009 (2)
3.3		Certificate of Amendment filed with the Nevada Secretary of State on August 5, 2013 (15)
3.4		Certificate of Amendment filed with the Nevada Secretary of State on August 31, 2015 (17)
3.5		Bylaws of the Registrant (1)
4.1		Warrant dated August 12, 2009 exercisable for 319,419 shares issued to Baden Energy Group Ltd. (3)
4.2		Warrant dated September 22, 2009 exercisable for 60,000 shares issued to Baden Energy Group Ltd. (4)
10.1		Assignment of Quit Claim of Oil and Gas Leases, dated May 15, 2006 (1)
10.2		Joint Venture Agreement with DNR Oil & Gas Inc., dated May 15, 2006 (1)
10.3		Joint Venture Agreement with Colorado Oil & Gas, Inc., dated May 15, 2006 (1)
10.4		Well Service and Operating Agreement dated May 11, 2007 between Registrant and DNR Oil & Gas Company (5)
10.5		Memorandum of Intent, dated May 22, 2008 between Registrant and Coastal Petroleum Company (6)
10.6		Assignment of Farmout Interest dated June 16, 2008 between Registrant and West Canyon Energy Corp. (7)
10.7		Formal Agreement dated June 18, 2008 between Registrant and Coastal Petroleum Corp. (7)
10.8		Share Issuance Agreement dated July 6, 2009 between Registrant and Baden Energy Group Ltd. (9)
10.9		Purchase Agreement dated July 25, 2009 between Registrant and Enercor, Inc. (10)
10.10		Purchase Agreement dated August 5, 2009 between Registrant and Enercor, Inc. (11)
10.11		Purchase Agreement dated August 12, 2009 between Registrant and Enercor, Inc. (12)
10.12		July 6, 2009 Advisory Board Agreement with Warren Dillard (13)
10.13		Investment Agreement between Registrant and Dutchess Opportunity Fund II, LP, dated January 28, 2010 (2)
10.14		Registration Rights Agreement between Registrant and Dutchess Opportunity Fund II, LP, dated January 28, 2010 (2)
10.15		Settlement Agreement, effective September 8, 2009 between Registrant and Cobra Oil & Gas Corporation (14)
14.1		Code of Ethics (8)

Our financial statements are prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The preparation of our financial statements requires us to make estimates and assumptions that affect, among other areas, the reported amounts of trade receivable reserves and inventory reserves, impairment of long-lived assets, and recoverability of deferred tax assets. These estimates and assumptions also impact revenues, expenses and the disclosures in our financial statements and accompanying notes. Although these estimates are based on our knowledge of current events and actions we may undertake in the future, actual results may ultimately differ from these estimates and assumptions.

24Development Stage

Exhibit No.		Description
16.1		Letter from Anton & Chia, LLP regarding changes in Registrant’s certifying accountant (16)
16.2		Engagement Agreement with Dave Banerjee CPA, a Professional Accountancy Corporation, regarding changes in Registrant’s certifying accountant (16)
31.1*		Certification of Principal Executive Officer pursuant to Rule 15d-15(e), promulgated under the Securities and Exchange Act of 1934, as amended
31.2*		Certification of Principal Financial Officer pursuant to Rule 15d-15(e), promulgated under the Securities and Exchange Act of 1934, as amended
32.1**		Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Chief Executive Officer)
32.2**		Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Chief Financial Officer)
101.INS†		XBRL Instance Document
101.SCH†		XBRL Schema Document
101.CAL†		XBRL Calculation Linkbase Document
101.DEF†		XBRL Definition Linkbase Document
101.LAB†		XBRL Label Linkbase Document
101.PRE†		XBRL Presentation Linkbase Document

The Company is currently in the development stage and has no significant operations. On August 9, 2013, the Company effected a 1-for-100 reverse split of the outstanding common stock. The accompanying financial statements and notes to the financial statements give retroactive effect to the reverse stock split for all periods presented.

*Fair ~~Filed~~Value ~~herewith.~~Measurements

**In ~~This~~January ~~certification~~2010, isthe ~~being~~FASB ~~furnished~~ASC ~~and~~Topic ~~shall~~825, ~~not~~Financial beInstruments, ~~deemed~~began ~~“filed”~~requiring disclosures ~~with~~about ~~the~~fair ~~SEC~~value ~~for~~of ~~purposes~~financial ofinstruments ~~Section~~in 18quarterly ofreports ~~the~~as ~~Exchange~~well ~~Act,~~as orin ~~otherwise~~annual ~~subject~~reports. toFor the ~~liability~~Company, ofthis ~~that~~statement ~~section,~~applies to certain investments and ~~shall~~long-term ~~not~~debt. beAlso, ~~deemed~~FASB toASC beTopic ~~incorporated~~820, byFair ~~reference~~Value ~~into~~Measurements ~~any~~and ~~filing~~Disclosures, ~~under~~clarifies the ~~Securities~~definition ~~Act~~of orfair ~~the~~value ~~Exchange~~for ~~Act~~financial reporting, ~~except~~establishes toa ~~the~~framework ~~extent~~for ~~that~~measuring ~~the~~fair ~~registrant~~value ~~specifically~~and ~~incorporates~~requires itadditional bydisclosures ~~reference~~about the use of fair value measurements.

†Various ~~Pursuant~~inputs toare ~~Rule~~considered ~~406T~~when ofdetermining ~~Regulation~~the ~~S-T,~~value ~~this XBRL related information shall not be deemed to be “filed” for purposes~~ of ~~Section 18 of~~ the ~~Exchange~~Company’s ~~Act,~~investments orand ~~otherwise~~long-term ~~subject~~debt. toThe ~~the~~inputs ~~liability~~or ofmethodologies ~~that~~used ~~section,~~for ~~and~~valuing ~~shall~~securities are not benecessarily ~~deemed~~an ~~part~~indication of athe ~~registration~~risk ~~statement,~~associated ~~prospectus~~with orinvesting ~~other~~in ~~document~~these ~~filed~~securities. ~~under~~These ~~the~~inputs ~~Securities~~are ~~Act~~summarized orin the ~~Exchange~~three ~~Act,~~broad ~~except~~levels aslisted ~~shall be expressly set forth by specific reference in such filings~~below.

(Level 1) – observable market inputs that are unadjusted quoted prices for identical assets or liabilities in active markets.

~~Filed~~Level as2 an– ~~exhibit,~~other ~~numbered~~significant asobservable ~~indicated~~inputs ~~above,~~(including toquoted ~~Registrant’s~~prices ~~Registration~~for ~~Statement~~similar onsecurities, ~~Form~~interest ~~SB-2~~rates, ascredit ~~filed with the Securities and Exchange Commission on July 25~~risk, ~~2006, which exhibit is incorporated herein by reference~~etc. ).

Level 3 – significant unobservable inputs (2including the Company’s own assumptions in determining the fair value of investments).

~~Filed as an exhibit, numbered as indicated above, to Registrant’s Current Report on Form 8~~F-~~K, dated October 14, 2009, as filed with the Securities and Exchange Commission on February 3, 2010, which exhibit is incorporated herein by reference.~~7

~~(3)~~The Company’s adoption of FASB ASC Topic 825 effectively at the inception did not have a material impact on the Company’s financial statements.

~~Filed~~The ascarrying anvalue ~~exhibit,~~of ~~numbered~~financial asassets ~~indicated~~and ~~above,~~liabilities torecorded ~~Registrant’s~~at ~~Current~~fair ~~Report~~value is measured on ~~Form~~a 8recurring or nonrecurring basis. Financial assets and liabilities measured on a non-Krecurring ~~dated~~basis ~~August~~are ~~12,~~those ~~2009,~~that asare ~~filed~~adjusted ~~with~~to fair value when a significant event occurs. The Company had no financial assets or liabilities carried and measured on a nonrecurring basis during the ~~Securities~~reporting periods. Financial assets and ~~Exchange~~liabilities ~~Commission~~measured on ~~August~~a ~~17,~~recurring ~~2009,~~basis ~~which~~are ~~exhibit~~those isthat ~~incorporated~~are ~~herein~~adjusted byto ~~reference~~fair value each time a financial statement is prepared. The Company does not have financial assets as an investment carried at fair value on a recurring basis as of May 31, 2017 and 2016.

~~(4)~~The availability of inputs observable in the market varies from instrument to instrument and depends on a variety of factors including the type of instrument, whether the instrument is actively traded, and other characteristics particular to the transaction. For many financial instruments, pricing inputs are readily observable in the market, the valuation methodology used is widely accepted by market participants, and the valuation does not require significant management discretion. For other financial instruments, pricing inputs are less observable in the market and may require management judgment. As of May 31, 2017 and 2016, the Company had assets and liabilities in cash, property and equipment that were fully depreciated, and various payables. Management believes that they are being presented at their fair market value.

~~Filed~~Use asof an exhibit, numbered as indicated above, to Registrant’s Current Report on Form 8-K dated September 22, 2009, as filed with the Securities and Exchange Commission on September 25, 2009, which exhibit is incorporated herein by reference.Estimates

~~(5)~~The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make certain estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. The Company is subject to uncertainty of future events, economic, environmental and political factors and changes in the Company's business environment; therefore, actual results could differ from these estimates. Accordingly, accounting estimates used in the preparation of the Company's financial statements will change as new events occur and that more experience is acquired, as additional information is obtained and as the Company's operating environment changes. Changes are made in estimates as circumstances warrant. Such changes in estimates and refinement of estimation methodologies are reflected in the statements.

~~Filed~~Cash ~~as an exhibit, numbered as indicated above, to Registrant’s Quarterly Report on Form 10-QSB for the quarter ended August 31, 2007, as filed with the Securities~~ and ~~Exchange~~Cash ~~Commission on October 15, 2007, which exhibit is incorporated herein by reference.~~ Equivalents

25Cash and cash equivalents include short-term, highly liquid investments with maturities of less than three months when acquired. The Company had $8,611 and $14,624 in cash on May 31, 2017 and 2016, respectively. The Company had no cash equivalent on May 31, 2017 and 2016.

~~(6)~~Accounts Payable

~~Filed~~Services asand angoods ~~exhibit,~~received ~~numbered~~from vendors and billed but not yet paid are recorded as ~~indicated~~accounts ~~above,~~payable toin ~~Registrant’s~~periods ~~Current~~when ~~Report~~the onservices ~~Form~~and ~~8-K~~goods ~~dated~~were received. As of May 2231, ~~2008~~2017, $990 was recorded as ~~filed~~accounts ~~with~~payable. ~~the~~The ~~Securities~~balance ~~and~~of ~~Exchange~~accounts ~~Commission~~payable onwas ~~May~~$990 ~~27,~~and ~~2008,~~$791 ~~which~~as ~~exhibit~~of isMay ~~incorporated~~31, ~~herein~~2017 byand ~~reference.~~2016, respectively.

~~(7)~~Income Tax

~~Filed~~The asCompany anaccounts ~~exhibit,~~for ~~numbered~~income astaxes ~~indicated~~under ~~above,~~Accounting toStandards ~~Registrant’s~~Codified ~~Current~~No. ~~Report~~740 (“ASC 740”). Under ASC 740 deferred taxes are provided on ~~Form~~a ~~8-K~~liability ~~dated~~method ~~June~~whereby ~~10,~~deferred ~~2008,~~tax asassets ~~filed~~are ~~with~~recognized for deductible temporary differences and operating loss carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the ~~Securities~~differences between the reported amounts of assets and ~~Exchange~~liabilities ~~Commission~~and ontheir ~~July~~tax 2,bases. ~~2008~~Deferred tax assets are reduced by a valuation allowance when, ~~which~~in ~~exhibit~~the opinion of management, it is ~~incorporated~~more ~~herein~~likely bythan ~~reference~~not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.

~~(8)~~Stock Based Compensation

~~Filed~~The asCompany anaccounts ~~exhibit,~~for ~~numbered~~employee asand ~~indicated~~non-employee ~~above~~stock awards under ASC 718, whereby equity instruments issued to ~~Registrant’s~~employees ~~Annual~~for ~~Report~~services are recorded based on ~~Form~~the ~~10-KSB~~fair ~~for~~value of the ~~year~~instrument ~~ended~~issued ~~May~~and ~~31,~~those ~~2007,~~issued asto ~~filed~~non-employees ~~with~~are recorded based on the ~~Securities~~fair ~~and~~value ~~Exchange~~of ~~Commission~~the onconsideration ~~August~~received ~~28,~~or ~~2007,~~the ~~which~~fair ~~exhibit~~value isof ~~incorporated~~the ~~herein~~equity byinstrument, ~~reference~~whichever is more reliably measurable.

Net Income (9Loss) per Share

~~Filed~~The asnet anincome ~~exhibit,~~(loss) ~~numbered~~per asshare ~~indicated~~is ~~above,~~computed toby ~~Registrant’s~~dividing ~~Current~~the ~~Report~~net onincome ~~Form~~(loss) ~~8-K~~by ~~dated~~the ~~July~~weighted 6average number of shares of common outstanding. Warrants, ~~2009~~stock options, asand ~~filed~~common ~~with~~stock issuable upon the ~~Securities~~conversion ~~and~~of ~~Exchange~~the ~~Commission~~Company’s onpreferred ~~July~~stock ~~14,~~(if ~~2009~~any), ~~which~~are ~~exhibit~~not isincluded ~~incorporated~~in ~~herein~~the bycomputation ~~reference.~~if the effect would be anti-dilutive and would increase the earnings or decrease loss per share.

~~(10)~~F-8

~~Filed~~Basic asLoss anper exhibit, numbered as indicated above, to Registrant’s Current Report on Form 8-K dated July 25, 2009, as filed with the Securities and Exchange Commission on July 30, 2009, which exhibit is incorporated herein by reference. Share

~~(11)~~The Company computes net loss per share in accordance with ASC 260, Accounting for Earnings per Share. Under the provisions of ASC 260, basic net loss per share is computed by dividing the net loss available to common stockholders for the period by the weighted average number of shares of common stock outstanding during the period. The calculation of diluted net loss per share gives effect to common stock equivalents; however, potential common shares are excluded if their effect is anti-dilutive.

~~Filed~~Basic asnet anloss ~~exhibit,~~per ~~numbered~~common asshare ~~indicated~~is ~~above,~~based toon ~~Registrant’s~~the ~~Current~~weighted ~~Report~~average onnumber ~~Form~~of ~~8-K~~shares ~~dated~~of ~~August~~common 5,stock ~~2009,~~outstanding assince ~~filed~~inception. ~~with~~As ~~the~~of ~~Securities~~May 31, 2017 and ~~Exchange~~2016, ~~Commission~~the onCompany ~~August~~had 11992,192 ~~2009~~and 992,192 ~~which~~shares ~~exhibit~~of iscommon ~~incorporated~~stock ~~herein~~outstanding, ~~by reference~~respectively.

~~(12)~~The computations of basic loss per share of common stock are based on the weighted average number of shares outstanding at the date of the financial statements. As of May 31, 2017, there were no common stock equivalents outstanding.

Filed as an exhibit, numbered as indicated above, to Registrant’s Current Report on Form 8-K dated August 12, 2009, as filed with the Securities and Exchange Commission on August 17, 2009, which exhibit is incorporated herein by reference.

		Loss	W.A. Shares		Loss per Share
		(Numerator)	(Denominator)		(Amount)
For the year ended May 31, 2017	$	(26,212)	992,192	$	(0.03)
For the year ended May 31, 2016	$	(38,348)	992,192	$	(0.04)

~~(13)~~Recently Issued Accounting Pronouncements

~~Filed~~In asJune an2014, ~~exhibit~~the FASB issued ASU No. 2014-10, ~~numbered~~“Development asStage ~~indicated~~Entities ~~above~~(Topic 915), Elimination of Certain Financial Reporting Requirements, Including an Amendment to ~~Registrant’s~~Variable ~~Annual~~Interest ~~Report~~Entities onGuidance ~~Form~~in ~~10-K~~Topic ~~for~~810, Consolidation”. The amendments in this update remove the ~~year~~definition ~~ended~~of ~~May~~a 31development stage entity from Topic 915, ~~2009~~thereby removing the distinction between development stage entities and other reporting entities from U.S. GAAP. In addition, asthe ~~filed~~amendments ~~with~~eliminate the ~~Securities~~requirements ~~and~~for ~~Exchange~~development ~~Commission~~stage entities to (1) present inception-to-date information on ~~August~~the 20statements of income, ~~2009~~cash flows and shareholder’s equity, (2) label the financial statements as those of a development stage entity, (3) disclose a description of the development stage activities in which ~~exhibit~~the entity is ~~incorporated~~engaged, ~~herein~~and by(4) ~~reference~~disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. The Company’s early adoption of the new standard is not expected to have a material effect on the Company’s consolidated financial position or results of operations.

~~(14)~~NOTE 3. GOING CONCERN

~~Filed~~Under asthe angoing ~~exhibit~~concern assumption, ~~numbered~~an entity is ordinarily viewed as ~~indicated~~continuing ~~above~~in business for the foreseeable future with neither the intention nor the necessity of liquidation, ceasing trading, or seeking protection from creditors pursuant to ~~Registrant’s~~laws ~~Quarterly~~or ~~Report~~regulations. Accordingly, assets and liabilities are recorded on ~~Form~~the ~~10-Q~~basis ~~for~~that the ~~quarter~~entity ~~ended~~will ~~August~~be ~~31,~~able ~~2009,~~to ~~which~~realize ~~exhibit~~its isassets ~~incorporated~~and ~~herein~~discharge byits ~~reference~~liabilities in the normal course of business.

~~(15)~~The future of the Company is dependent upon its ability to obtain financing and upon future profitable operations from the development of its planned business. Management has plans to seek additional capital through a public or private offering of equity or debt securities, or by other means. These conditions raise substantial doubt about the Company's ability to continue as a going concern. These financial statements do not include any adjustments that might arise from this uncertainty.

~~Filed~~There ascan anbe ~~exhibit,~~no ~~numbered~~assurance that sufficient funds required during the next year or thereafter will be generated from operations or that funds will be available from external sources such as ~~indicated~~debt ~~above,~~or equity financings or other potential sources. The lack of additional capital resulting from the inability to ~~Registrant’s~~generate ~~Current~~cash ~~Report~~flow onfrom ~~Form~~the ~~8-K~~operations ~~dated~~or ~~August~~to 5,raise ~~2013,~~capital asfrom ~~filed~~external ~~with~~sources would force the ~~Securities~~Company to substantially curtail or cease operations and ~~Exchange~~would, ~~Commission~~therefore, have a material adverse effect on ~~August~~its 8business. Furthermore, ~~2013~~there can be no assurance that any such required funds, ~~which~~if ~~exhibit~~available, iswill ~~incorporated~~be ~~herein~~available byon ~~reference~~attractive terms or that they will not have a significant dilutive effect on the Company's existing stockholders.

~~(16)~~The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might necessary in the event the Company cannot continue in existence.

~~Filed as an exhibit, numbered as indicated above, to Registrant’s Current Report on Form 8~~F-~~K dated June 5, 2015, as filed with the Securities and Exchange Commission on June 11, 2015, which exhibit is incorporated herein by reference.~~9

~~(17)~~NOTE 4. RELATED PARTY TRANSACTIONS

~~Filed~~On asMay an31, ~~exhibit~~2012, ~~numbered~~the asCompany ~~indicated~~took ~~above,~~a tononinterest ~~Registrant’s~~bearing ~~Annual~~and ~~Report~~unsecured onloan ~~Form~~from ~~10-K~~American ~~for~~Compass Inc. (“ACI”) in the ~~year~~amount ~~ended~~of $30,000, maturing on May 31, ~~2015,~~2020. asOn ~~filed~~December ~~with~~18, 2012, the ~~Securities~~Company accepted a non-interest bearing and ~~Exchange~~unsecured ~~Commission~~loan onfrom ~~September~~ACI 15in the amount of $20,000, ~~2015~~maturing on December 18, ~~which~~2019. ~~exhibit~~ACI is ~~incorporated~~deemed ~~herein~~a related party based upon the beneficial ownership of the Company held by ~~reference.~~certain key management of ACI,

26During 2013, ACI paid $28,859 in legal fees and $5,000 in auditing fees on behalf of the Company. As of November 30, 2013, ACI paid a total of $33,859 in legal and auditing fees on behalf of the Company due upon request.

~~SIGNATURES~~On May 16, 2013, the Company accepted another non-interest bearing and unsecured loan from ACI in the amount of $5,000, maturing on May 16, 2020. On November 4, 2013, the Company took another non-interest bearing and unsecured loan from ACI in the amount of $10,000, maturing on November 4, 2017.

~~Pursuant~~On toApril 17, 2014, the ~~requirements~~Company ofaccepted ~~Section~~another 13non-interest orbearing ~~15(d)~~and ofunsecured ~~the~~loan ~~Securities~~from ~~Exchange~~ACI ~~Act~~in the amount of ~~1934~~$10,000, asmaturing ~~amended~~on April 17, 2018. On June 30, 2014, the ~~Registrant~~Company ~~has~~accepted ~~duly~~another ~~caused~~non-interest ~~this~~bearing ~~report~~and tounsecured beloan ~~signed~~from ACI in the amount of $10,000, maturing on ~~its~~June ~~behalf~~30, by2018. On November 19, 2014, the ~~undersigned~~Company accepted another non-interest bearing and unsecured loan from ACI in the amount of $10,000, ~~thereunto~~maturing ~~duly~~on ~~authorized~~November 19, 2019.

HKOn ~~EBUS~~February ~~CORPORATION~~4, 2015, June 24, 2015, September 30, 2015, October 21, 2015 and November 18, 2015, the Company accepted non-interest bearing and unsecured loans from ACI in the amounts of $10,000, $10,000, $10,000, $10,000, and $20,000, respectively, maturing on February 4, 2020, and June 24, 2020 September 30, 2020 October 21, 2020 and November 18, 2020, respectively.

~~Dated:~~On ~~September~~January 1323, ~~2016~~2017 and May 9, 2017, the Company accepted non-interest bearing and unsecured loans from ACI in the amounts of $10,000, and $10,000, respectively, maturing on January 23, 2020 and May 9, 2020, respectively.

~~By:~~As ~~/s/~~of ~~Dianwen~~May Ju31, 2017, the total balance due to ACI is $208,859.

Name: Dianwen Ju

Year ended May 31,

Current	$	103,859
2018		10,000
2019		30,000
2020		65,000
	$	208,859

~~Title:~~NOTE ~~President~~5. ~~and~~COMMON ~~Chief Executive Officer~~STOCK

~~Dated:~~The ~~September~~Company 13is authorized to issue 100,000,000 shares of preferred stock with a par value of $.00001. The Company is also authorized to issue 300,000,000 shares of common stock with a par value of $.00001. On May 6, 2008, the Company effected a 35-for-1 forward split of its outstanding shares of common stock. On July 20, 2010, the Company issued 50,000 shares of common stock to investors at a price of $2 per unit for a total of $100,000. The Company issued a total of 0.15 million shares of common stock to compensate its officers during the fiscal year of 2012. In order to seek alternative business development and future merging and stock offering, on August 8, 2013, the Company effected a 1-for-100 reverse stock split of the Company’s outstanding shares of common stock. There were 992,192 and 992,192 shares issued and outstanding as of May 31, 2017 and May 31, 2016 respectively.

~~By:~~NOTE ~~/s/~~6. ~~Xiao Chen~~WARRANTS

~~Name:~~As ~~Xiao~~of ~~Chen~~May 31, 2008, the Company had 10,000 common stock purchase warrants outstanding, originally sold as part of a unit, allowing the holder to purchase one share of common stock at an exercise price of $40, anytime through May 15, 2011. In fiscal year 2009, the Company sold 10,000 units to an investor for cash at a price of $25 per unit for aggregate proceeds of $250,000. Each unit consists of one share of common stock and one warrant to purchase one share of common stock at an exercise price of $40, anytime through June 9, 2011. As of May 31, 2009, none of the warrants had been exercised, leaving a year-end balance of 20,000 warrants. The aggregate value of the units equal to $250,000 was assigned to the common stock as the warrants are non-detachable.

~~Title:~~In ~~Chief~~fiscal ~~Financial~~year 2010, the Company sold 20,252 units to investors for cash at prices ranging from $17 - $100 per unit, or an aggregate of $1,250,000. Each unit consists of one share of common stock, and ~~Accounting~~one ~~Officer~~warrant to purchase one share of common stock at exercise prices ranging from of $20 - $125, anytime through expiration dates from June 2012 through February 2013. The entire value of the units was assigned to the common stock as the warrants are non-detachable. As of May 31, 2010, none of the warrants had been exercised or had expired, leaving a year-end balance of 40,252 warrants.

Pursuant to the requirements of the Exchange Act this report has been signed below by the following persons on behalf of the Registrant and in the capacities indicated on this 13th day of September, 2016.F-10

~~/s/~~During ~~Dianwen~~the Juyear ended May 31, 2011, the Company sold 50,000 units to investors at a price of $2 per unit for an aggregate of $100,000. Each unit consists of one share of common stock, and one warrant to purchase one share of common stock at an exercise price of $2.50, anytime through expiration date of July 2013. The entire value of the units was assigned to the common stock as the warrants are non-detachable. As of May 31, 2011, none of the warrants had been exercised. During the fiscal year of 2011, 10,000 warrants expired, leaving a year-end balance of 80,252 warrants.

~~Dianwen~~During Juthe year ended May 31, ~~President~~2012, ~~Chief~~10,000 ~~Executive~~warrants ~~Officer~~expired, ~~and~~leaving ~~Director~~a year-end balance of 70,252 warrants.

27During the year ended May 31, 2013, 20,252 warrants expired, leaving a year-end balance of 50,000 warrants.

~~FINANCIAL~~During ~~STATEMENTS~~the year ended May 31, 2014, 50,000 warrants expired, leaving a year-end balance of 0 warrants.

~~INDEX~~During TOthe ~~FINANCIAL~~year ~~STATEMENTS~~ended May 31, 2017, there were no warrants outstanding.

		Page
Report of Independent Registered Public Accounting Firm		F-2
Balance Sheets as of May 31, 2016 and 2015 (audited)		F-3
Statements of Operations for the years ended May 31, 2016 and 2015 (audited)		F-4
Statements of Changes in Stockholders’ Deficit for the years ended May 31, 2016, 2015 and 2014 (audited)		F-5
Statements of Cash Flows for the years ended May 31, 2016 and 2015 (audited)		F-6
Notes to the Financial Statements (audited)		F-7

NOTE 7. INCOME TAX

~~F-1~~The Company accounts for income taxes pursuant to ASC 740. Under ASC 740 deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.

~~F-2~~Net deferred tax assets consist of the following components as of May 31, 2017 and 2016:

HK eBus Corporation
		2017			2016
BALANCE SHEETS
Deferred tax assets:
			May 31,			May 31,
NOL carryover		$	7,245,451		$	7,219,239
			2016			2015
Valuation allowance			(7,245,451)			(7,219,239)
ASSETS
Net deferred tax asset		$	-		$	-
Current assets
	Cash		$	14,624		$	2,972
Total assets (all current)			$	14,624		$	2,972
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities
	Accounts payable		$	791		$	791
	Due to related party			108,859			108,859
Total current liabilities				109,650			109,650
Non-Current liabilities
	Due to related party, net of current portion			80,000			30,000
Total liabilities				189,650			139,650
Stockholders' deficit
	Preferred stock, $.00001 par value; 100,000,000 shares authorized; no shares issued or outstanding			-			-
	Common stock, $.00001 par value; 300,000,000 authorized; 992,192 shares issued and outstanding as of May 31, 2016 and May 31, 2015			991			991
	Additional paid in capital			7,043,222			7,043,222
	Accumulated deficit			(7,219,239)			(7,180,891)
Total stockholders' deficit				(175,027)			(136,679)
Total liabilities and stockholders' deficit			$	14,624		$	2,972
The accompanying notes are an integral part of these financial statements.

~~F-3~~The income tax provision differs from the amount of income tax determined by applying the U.S. federal and state income tax rates of 39% to pretax income from continuing operations for the period ended May 31, 2017 due to the following:

HK eBus Corporation
		2017			2016
STATEMENTS OF OPERATIONS
Income tax benefit at statutory rate		$	(2,825,726)		$	(2,815,503)
			For the year ended			For the year ended
Valuation allowance			2,825,726			2,815,503
			May 31,			May 31,
		$	-		$	-
			2016			2015
Revenue			$	-		$	-
Operating expenses
	General and administrative expenses			38,438			33,735
Total operating expenses				38,438			33,735
Loss from operations				(38,438)			(33,735)
Net loss			$	(38,438)		$	(33,735)
Basic and diluted loss per common share			$	(0.04)		$	(0.03)
Weighted average shares outstanding				992,192			992,192
The accompanying notes are an integral part of these financial statements.

~~F-4~~At May 31, 2017 and 2016, the Company had net operating loss carryforwards of approximately $7,245,451 and $7,219,239, respectively, which begin to expire in 2026. Deferred tax assets of approximately $2,825,726 and $2,815,503 in 2017 and 2016, respectively, created by the net operating losses have been offset by a 100% valuation allowance. The Company may be subjected to tax audit by the IRS for 2016 and 2017.

HK eBus Corporation
STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT
	Preferred Stock		Common Stock		Additional Paid-in	Deficit	Stockholders'
	Shares	Amount ($)	Shares	Amount ($)	Capital ($)	Accumulated ($)	Equity ($)
Net loss for the period ended	-	-	-	-	-	(41,610)	(41,610)
Balance at May 31, 2014	-	-	992,192	991	7,043,222	(7,147,156)	(102,943)
Net loss for the period ended	-	-	-	-	-	(33,735)	(33,735)
Balance at May 31, 2015	-	-	992,192	991	7,043,222	(7,180,891)	(136,678)
Net loss for the period ended	-	-	-	-	-	(38,348)	(38,348)
Balance at May 31, 2016	-	-	992,192	991	7,043,222	(7,219,239)	(175,026)

NOTE 8. COMMITMENTS AND CONTINGENCIES

The ~~accompanying~~Company ~~notes~~could become a party to various legal actions arising in the ordinary course of business. Matters that are anprobable ~~integral~~of ~~part~~unfavorable outcomes to the Company and which can be reasonably estimated are accrued. Such accruals are based on information known about the matters, the Company’s estimates of ~~these~~the ~~financial~~outcomes ~~statements~~of such matters and its experience in contesting, litigating and settling similar matters.

~~F-5~~As of the date of this annual report, there are no material pending legal proceedings to which the Company is a party or of which any of their property is the subject, nor are there any such proceedings known to be contemplated by governmental authorities.

HKNOTE ~~eBus~~9. ~~Corporation~~SUBSEQUENT EVENTS

~~STATEMENTS~~The OFCompany ~~CASH~~does ~~FLOWS~~not have any subsequent events to report as of August 10, 2017.

			For the year ended		For the year ended
			May 31,		May 31,
			2016		2015
Operating Activities:
		Net loss	$	(38,348)	$	(33,735)
	Changes operating assets and liabilities:
		Accounts payable		-		-
		Due to related party		50,000		30,000
Net cash provided by (used in) operating activities				11,652		(3,735)
	Net increase (decrease) in cash			11,652		(3,735)
	Cash at the beginning of period			2,972		6,707
	Cash at the end of period		$	14,624	$	2,972
Supplemental disclosures of cash flow Information:
	Cash paid for interest		$	-	$	-
	Cash paid for income taxes		$	-	$	-

Management has reviewed subsequent events through August 10, 2017, at which date Financial Statements were issued, and determined there were no other items to disclose.

~~The accompanying notes are an integral part of these financial statements.~~F-11

F-6

HK EBUS CORPORATION

(formerly Rambo Medical Group, Inc.)

(A Development Stage Company)

NOTES TO THE FINANCIAL STATEMENTS

May 31, 2016 and 2015

NOTE 1. ORGANIZATION AND NATURE OF OPERATIONS

HK eBus Corporation, formerly known as Rambo Medical Group, Inc., was incorporated in the State of Nevada on November 18, 2005. On October 14, 2009, the Company filed a Certificate of Amendment to its Articles of Incorporation to increase its shares of authorized common stock from 100,000,000 to 300,000,000 and to change its name from Cobra Oil and Gas Company to Viper Resources, Inc. The Company was formed to engage in identifying, investigating, exploring, and where determined advantageous, developing, mining, refining, and marketing oil and gas. The Company may also engage in any other business permitted by law, as designated by the Board of Directors of the Company. On April 25, 2011, the Company’s previous management was replaced in its entirety. In May 2012, the Company’s management determined to discontinue its oil and gas operations, and attempt to acquire other assets or business operations that will maximize shareholder value. On August 31, 2015, the Company changed its name to HK EBUS Corporation and changed its ticker symbol to HKEB.

NOTE 2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

A summary of significant accounting policies of HK eBus Corporation (hereinafter the “Company”), a company organized in the state of Nevada (A Development Stage Company) is presented to assist in understanding the Company’s financial statements. The accounting policies presented in these footnotes conform to accounting principles generally accepted in the United States of America and have been consistently applied in the preparation of the accompanying financial statements. These financial statements and notes are representations of the Company’s management who are responsible for their integrity and objectivity. The Company has not realized significant revenues from its planned principal business purpose and is considered to be in its development state in accordance with ASC 915, “Development Stage Entities”, formerly known as SFAS 7, “Accounting and Reporting by Development State Enterprises.”

Basis of Presentation

Development Stage

Fair Value Measurements

In January 2010, the FASB ASC Topic 825, Financial Instruments, began requiring disclosures about fair value of financial instruments in quarterly reports as well as in annual reports. For the Company, this statement applies to certain investments and long-term debt. Also, FASB ASC Topic 820, Fair Value Measurements and Disclosures, clarifies the definition of fair value for financial reporting, establishes a framework for measuring fair value and requires additional disclosures about the use of fair value measurements.

Various inputs are considered when determining the value of the Company’s investments and long-term debt. The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in these securities. These inputs are summarized in the three broad levels listed below.

Level 1 – observable market inputs that are unadjusted quoted prices for identical assets or liabilities in active markets.

Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, credit risk, etc.).

F-7

Level 3 – significant unobservable inputs (including the Company’s own assumptions in determining the fair value of investments).

The Company’s adoption of FASB ASC Topic 825 effectively at the inception did not have a material impact on the Company’s financial statements.

The carrying value of financial assets and liabilities recorded at fair value is measured on a recurring or nonrecurring basis. Financial assets and liabilities measured on a non-recurring basis are those that are adjusted to fair value when a significant event occurs. The Company had no financial assets or liabilities carried and measured on a nonrecurring basis during the reporting periods. Financial assets and liabilities measured on a recurring basis are those that are adjusted to fair value each time a financial statement is prepared. The Company does not have financial assets as an investment carried at fair value on a recurring basis as of May 31, 2016 and 2015.

The availability of inputs observable in the market varies from instrument to instrument and depends on a variety of factors including the type of instrument, whether the instrument is actively traded, and other characteristics particular to the transaction. For many financial instruments, pricing inputs are readily observable in the market, the valuation methodology used is widely accepted by market participants, and the valuation does not require significant management discretion. For other financial instruments, pricing inputs are less observable in the market and may require management judgment. As of May 31, 2016 and 2015, the Company had assets and liabilities in cash, property and equipment that were fully depreciated, and various payables. Management believes that they are being presented at their fair market value.

Use of Estimates

The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make certain estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. The Company is subject to uncertainty of future events, economic, environmental and political factors and changes in the Company's business environment; therefore, actual results could differ from these estimates. Accordingly, accounting estimates used in the preparation of the Company's financial statements will change as new events occur and that more experience is acquired, as additional information is obtained and as the Company's operating environment changes. Changes are made in estimates as circumstances warrant. Such changes in estimates and refinement of estimation methodologies are reflected in the statements.

Cash and Cash Equivalents

Cash and cash equivalents include short-term, highly liquid investments with maturities of less than three months when acquired. The Company had $14,624 and $2,972 in cash on May 31, 2016 and 2015, respectively. The Company had no cash equivalent on May 31, 2016 and 2015.

Accounts Payable

Services and goods received from vendors and billed but not yet paid are recorded as accounts payable in periods when the services and goods were received. As of May 31, 2016, $791 was recorded as accounts payable. The balance of accounts payable was $791 and $791 as of May 31, 2016 and 2015, respectively.

Income Tax

The Company accounts for income taxes under Accounting Standards Codified No. 740 (“ASC 740”). Under ASC 740 deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.

Stock Based Compensation

The Company accounts for employee and non-employee stock awards under ASC 718, whereby equity instruments issued to employees for services are recorded based on the fair value of the instrument issued and those issued to non-employees are recorded based on the fair value of the consideration received or the fair value of the equity instrument, whichever is more reliably measurable.

F-8

Net Income (Loss) per Share

The net income (loss) per share is computed by dividing the net income (loss) by the weighted average number of shares of common outstanding. Warrants, stock options, and common stock issuable upon the conversion of the Company’s preferred stock (if any), are not included in the computation if the effect would be anti-dilutive and would increase the earnings or decrease loss per share.

Basic Loss per Share

The Company computes net loss per share in accordance with ASC 260, Accounting for Earnings per Share. Under the provisions of ASC 260, basic net loss per share is computed by dividing the net loss available to common stockholders for the period by the weighted average number of shares of common stock outstanding during the period. The calculation of diluted net loss per share gives effect to common stock equivalents; however, potential common shares are excluded if their effect is anti-dilutive.

Basic net loss per common share is based on the weighted average number of shares of common stock outstanding since inception. As of May 31, 2016 and 2015, the Company had 992,192 and 992,192 shares of common stock outstanding, respectively.

The computations of basic loss per share of common stock are based on the weighted average number of shares outstanding at the date of the financial statements. As of May 31, 2016, there were no common stock equivalents outstanding.

		Loss	W.A. Shares		Loss per Share
		(Numerator)	(Denominator)		(Amount)
For the year ended May 31, 2016	$	(38,348)	992,192	$	(0.04)
For the year ended May 31, 2015	$	(33,735)	992,192	$	(0.03)

Recently Issued Accounting Pronouncements

In June 2014, the FASB issued ASU No. 2014-10, “Development Stage Entities (Topic 915), Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation”. The amendments in this update remove the definition of a development stage entity from Topic 915, thereby removing the distinction between development stage entities and other reporting entities from U.S. GAAP. In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information on the statements of income, cash flows and shareholder’s equity, (2) label the financial statements as those of a development stage entity, (3) disclose a description of the development stage activities in which the entity is engaged, and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. The Company’s early adoption of the new standard is not expected to have a material effect on the Company’s consolidated financial position or results of operations.

NOTE 3. GOING CONCERN

Under the going concern assumption, an entity is ordinarily viewed as continuing in business for the foreseeable future with neither the intention nor the necessity of liquidation, ceasing trading, or seeking protection from creditors pursuant to laws or regulations. Accordingly, assets and liabilities are recorded on the basis that the entity will be able to realize its assets and discharge its liabilities in the normal course of business.

The future of the Company is dependent upon its ability to obtain financing and upon future profitable operations from the development of its planned business. Management has plans to seek additional capital through a public or private offering of equity or debt securities, or by other means. These conditions raise substantial doubt about the Company's ability to continue as a going concern. These financial statements do not include any adjustments that might arise from this uncertainty.

There can be no assurance that sufficient funds required during the next year or thereafter will be generated from operations or that funds will be available from external sources such as debt or equity financings or other potential sources. The lack of additional capital resulting from the inability to generate cash flow from the operations or to raise capital from external sources would force the Company to substantially curtail or cease operations and would, therefore, have a material adverse effect on its business. Furthermore, there can be no assurance that any such required funds, if available, will be available on attractive terms or that they will not have a significant dilutive effect on the Company's existing stockholders.

The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might necessary in the event the Company cannot continue in existence.

F-9

NOTE 4. RELATED PARTY TRANSACTIONS

During the first quarter of 2013, American Compass Inc. (“ACI”), a related party based upon the beneficial ownership of the Company held by certain key management of ACI, paid $15,333 in legal fees on behalf of the Company. During the second quarter of 2013, ACI paid $7,527 in legal fees and $1,000 in auditing fees on behalf of the Company. As of August 31, 2013 ACI paid a total of $25,332 in legal and auditing fees on behalf of the Company.

On May 31, 2012, ACI made a non-interest bearing, unsecured loan to the Company in the amount of $30,000, which is due and payable on May 31, 2017. On December 18, 2012, the Company ACI made a non-interest bearing, unsecured loan to the Company in the amount of $20,000, which is due and payable on December 18, 2016.

On May 16, 2013, ACI made a non-interest bearing, unsecured loan to the Company in the amount of $5,000, which is due and payable on May 16, 2017. On November 4, 2013, ACI made a non-interest bearing, unsecured loan to the Company in the amount of $10,000, which is due and payable on November 4, 2017.

On April 17, 2014, ACI made a non-interest bearing, unsecured loan to the Company in the amount of $10,000, which is due and payable on April 17, 2018. On June 30, 2014, ACI made a non-interest bearing, unsecured loan to the Company in the amount of $10,000, which is due and payable on June 30, 2018. On November 19, 2014, ACI made a non-interest bearing, unsecured loan to the Company in the amount of $10,000, which is due and payable on November 19, 2016.

On June 24, 2015, September 30, October 21, and November 18, 2015, ACI made non-interest bearing, unsecured loans to the Company in the amounts of $10,000, $10,000, $10,000 and $20,000, respectively. Such loans are due and payable on June 24, 2017, September 30, 2017, October 21, 2017, and November 18, 2017, respectively.

As of May 31, 2016, the total balance due to ACI is $188,859.

Year ended May 31,
Current	$	108,859
2017		60,000
2018		20,000
	$	188,859

NOTE 5. COMMON STOCK

The Company is authorized to issue 100,000,000 shares of preferred stock with a par value of $.00001. The Company is also authorized to issue 300,000,000 shares of common stock with a par value of $.00001. On May 6, 2008, the Company effected a 35-for-1 forward split of its outstanding shares of common stock. On July 20, 2010, the Company issued 50,000 shares of common stock to investors at a price of $2 per unit for a total of $100,000. The Company issued a total of 0.15 million shares of common stock to compensate its officers during the fiscal year of 2012. In order to seek alternative business development and future merging and stock offering, on August 8, 2013, the Company effected a 1-for-100 reverse stock split of the Company’s outstanding shares of common stock and changed its name to Rambo Medical Group Inc. There were 992,192 and 992,192 shares issued and outstanding as of May 31, 2016 and May 31, 2015 respectively.

NOTE 6. WARRANTS

As of May 31, 2008, the Company had 10,000 common stock purchase warrants outstanding, originally sold as part of a unit, allowing the holder to purchase one share of common stock at an exercise price of $40, anytime through May 15, 2011. In fiscal year 2009, the Company sold 10,000 units to an investor for cash at a price of $25 per unit for aggregate proceeds of $250,000. Each unit consists of one share of common stock and one warrant to purchase one share of common stock at an exercise price of $40, anytime through June 9, 2011. As of May 31, 2009, none of the warrants had been exercised, leaving a year-end balance of 20,000 warrants. The aggregate value of the units equal to $250,000 was assigned to the common stock as the warrants are non-detachable.

In fiscal year 2010, the Company sold 20,252 units to investors for cash at prices ranging from $17 - $100 per unit, or an aggregate of $1,250,000. Each unit consists of one share of common stock, and one warrant to purchase one share of common stock at exercise prices ranging from of $20 - $125, anytime through expiration dates from June 2012 through February 2013. The entire value of the units was assigned to the common stock as the warrants are non-detachable. As of May 31, 2010, none of the warrants had been exercised or had expired, leaving a year-end balance of 40,252 warrants.

F-10

During the year ended May 31, 2011, the Company sold 50,000 units to investors at a price of $2 per unit for an aggregate of $100,000. Each unit consists of one share of common stock, and one warrant to purchase one share of common stock at an exercise price of $2.50, anytime through expiration date of July 2013. The entire value of the units was assigned to the common stock as the warrants are non-detachable. As of May 31, 2011, none of the warrants had been exercised. During the fiscal year of 2011, 10,000 warrants expired, leaving a year-end balance of 80,252 warrants.

During the year ended May 31, 2012, 10,000 warrants expired, leaving a year-end balance of 70,252 warrants.

During the year ended May 31, 2013, 20,252 warrants expired, leaving a year-end balance of 50,000 warrants.

During the year ended May 31, 2014, 50,000 warrants expired, leaving a year-end balance of 0 warrants.

During the year ended May 31, 2016, there were no warrants outstanding.

NOTE 7. INCOME TAX

The Company accounts for income taxes pursuant to ASC 740. Under ASC 740 deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.

Net deferred tax assets consist of the following components as of May 31, 2016 and 2015:

	2016		2015
Deferred tax assets:
NOL carryover	$	7,211,675	$	7,180,891
Valuation allowance		(7,211,675)		(7,180,891)
Net deferred tax asset	$	-	$	-

The income tax provision differs from the amount of income tax determined by applying the U.S. federal and state income tax rates of 39% to pretax income from continuing operations for the period ended May 31, 2016 due to the following:

	2016		2015
Income tax benefit at statutory rate	$	(2,812,553)	$	(2,800,547)
Valuation allowance		2,812,553		2,800,547
	$	-	$	-

At May 31, 2016 and 2015, the Company had net operating loss carryforwards of approximately $7,211,675 and $7,180,891, respectively, which begin to expire in 2026. Deferred tax assets of approximately $2,812,553 and $2,800,547 in 2016 and 2015, respectively, created by the net operating losses have been offset by a 100% valuation allowance. The Company may be subjected to tax audit by the IRS for 2014 and 2015.

NOTE 8. COMMITMENTS AND CONTINGENCIES

The Company could become a party to various legal actions arising in the ordinary course of business. Matters that are probable of unfavorable outcomes to the Company and which can be reasonably estimated are accrued. Such accruals are based on information known about the matters, the Company’s estimates of the outcomes of such matters and its experience in contesting, litigating and settling similar matters.

As of the date of this annual report, there are no material pending legal proceedings to which the Company is a party or of which any of their property is the subject, nor are there any such proceedings known to be contemplated by governmental authorities.

F-11

NOTE 9. SUBSEQUENT EVENTS

The Company does not have any subsequent events to report as of September 12, 2016.

Management has reviewed subsequent events through September 12, 2016, at which date Financial Statements were issued, and determined there were no other items to disclose.

F-12

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