UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

———————

FORM 10-Q

~~———————~~(Mark One)

x	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended: April 30, 2010
or
o	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from: _____________ to _____________

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)

~~———————~~OF THE SECURITIES EXCHANGE ACT OF 1934

~~iDcentrix,~~For the Quarterly Period Ended June ~~Inc.~~30, 2010

~~(Exact name of registrant as specified in its charter)~~OR

~~———————~~o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)

Nevada	000-51263	20-4650531
(State or Other Jurisdiction	(Commission	(I.R.S. Employer
of Incorporation)	File Number)	Identification No.)

OF THE SECURITIES EXCHANGE ACT OF 1934

RmFor ~~1903,~~the ~~19/F,~~Transition ~~Hing Yip COMM~~Period ~~Centre, No. 272 Des Voeux Rd, Central, Hong Kong~~from to

(~~Address~~Commission ofFile ~~Principal Executive Office~~Number) ~~(Zip Code)~~000-51761

~~00852-9090~~IDCENTRIX, ~~9003~~INC.

(~~Registrant’s~~Exact ~~telephone~~Name ~~number,~~of ~~including~~Registrant ~~area~~As ~~code~~Specified in Its Charter)

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o

Nevada		20-4650531
(State or Other Jurisdiction of Incorporation)		(IRS Employer Identification No.)

~~Indicate~~LongSheng ~~by check mark whether the registrant has submitted electronically and posted on its corporate Web site~~Village, ifTangshan ~~any~~Town, ~~every~~Zhengan Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 229.405 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 o No oDistrict

~~Indicate~~Dandong ~~by check mark whether the registrant is a large accelerated filer~~City, ~~an accelerated filer~~Liaoning, ~~a non-accelerated filer, or a smaller reporting company~~P. ~~See definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act~~R. ~~(Check One)~~China

(Address of Principal Executive Offices)

Not Applicable

(Zip Code)

86-0415-8176321

(Registrant’s Telephone Number, Including Area Code)

Rm 1903, 19/F, Hing Yip COMM Centre,

No. 272 Des Voeux Rd, Central, Hong Kong

(Former Name, Former Address and Former Fiscal Year, if Changed Since Last Report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for at least 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 that the registrant was required to submit and post such files). Yes ¨ No ¨

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

Large accelerated filer o	Accelerated filer o

Non-accelerated filer o	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 o x

AsThe number of ~~June~~ ~~4, 2010, the registrant had 240,130~~ shares of common stock, ~~outstanding (giving~~par ~~effect~~value to$0.001 ~~the~~per ~~1-for-284~~share, ~~reverse~~outstanding ~~stock~~as ~~split~~of August ~~which~~19, ~~took~~2010 ~~effect~~was ~~on June 1~~50, ~~2010)~~000,139.

IDCENTRIX, INC.

FORM 10-Q

Quarterly Period Ended June 30, 2010

INDEX

		Page
	PART I – FINANCIAL INFORMATION
PART I. FINANCIAL INFORMATION
ITEM 1.	Financial Statements.	3
Item 1.	Financial Statements	1
	Condensed Consolidated Balance Sheets– April 30, 2010 (Unaudited) and January 31, 2010	3
	Consolidated Balance Sheets as of June 30, 2010 and December 31, 2009	2
	Condensed Consolidated Statements of Operations for the Three Months Ended April 30, 2010 and April 30, 2009, and from inception through April 30, 2010 (all unaudited)	4
	Consolidated Statements of Operations for Three and Six Months ended June 30, 2010 and 2000	3
	Condensed Consolidated Statements of Cash Flows for the Three Months Ended April 30, 2010 and April 30, 2009, and from inception to April 30, 2010 (all unaudited)	5
	Consolidated Statements of Cash Flows for the Three and Six Months ended June 30, 2010 and 2009	4
	Notes to the Condensed Consolidated Financial Statements (unaudited)	6-10
	Notes to the Consolidated Financial Statements	5
ITEM 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations.	10-13
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	13
ITEM 3.	Quantitative and Qualitative Disclosures about Market Risk.	13
Item 3.	Quantitative and Qualitative Disclosures About Market Risk.	21
ITEM 4T.	Controls and Procedures.	13
Item 4.	Controls and Procedures	21
	PART II – OTHER INFORMATION
PART II. OTHER INFORMATION
ITEM 1.	Legal Proceedings.	14
Item 1.	Legal Proceedings	22
ITEM 1A.	Risk factors.	14
Item 1A.	Risk Factors	22
ITEM 2.	Unregistered Sales of Equity Securities and Use of Proceeds.	14
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	22
ITEM 3.	Defaults Upon Senior Securities.	14
Item 3.	Defaults Upon Senior Securities	22
ITEM 5.	Other Information.	14
Item 5.	Other Information	22
ITEM 6.	Exhibits.	14
Item 6.	Exhibits	22
	Signatures.	15

2PART I.

~~IDCENTRIX,~~FINANCIAL ~~INC.~~INFORMATION

(AItem ~~Development~~1. ~~Stage~~Financial ~~Company)~~Statements

IDCENTRIX, INC

CONSOLIDATED FINANCIAL STATEMENTS

CONTENTS

		Page
FINANCIAL INFORMATION

Item 1.
	Condensed Consolidated Balance Sheets as of June 30, 2010 (Unaudited) and December 31, 2009	2
	Condensed Consolidated Statements of Operations for the Six and Three Months Ended June 30, 2010 and 2009 (Unaudited)	3
	Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2010 and 2009 (Unaudited)	4
	Notes to Condensed Consolidated Financial Statements (Unaudited)	5-12

IDCENTRIX, INC

CONDENSED CONSOLIDATED BALANCE SHEETS

	April 30, 2010 (unaudited)			January 31, 2010
	June 30,			December 31,
	2010			2009
	(Unaudited)
ASSETS
Current Assets
Current assets
Prepaid Expenses	$	-		$	2,106
Cash and cash equivalents	$	1,072,122		$	11,300
Total Current Assets		-			2,106
Accounts receivable, net		2,132,834			3,677,797
Total Assets		-			2,106
Other receivables, net		58,076			100,746
LIABILITIES & STOCKHOLDERS’ (DEFICIT) EQUITY
Loans to outside parties		3,091,678			-
Current Liabilities
Advance to suppliers		680,140			3,861
Accounts Payable	$	6,096		$	6,096
Inventories, net		993,547			616,134
Total Liabilities		6,096			6,096
Prepaid expenses		37,526			19,452
Stockholders’ Equity (Deficiency)
Total current assets		8,065,923			4,429,290
Common Stock, $0.00001 par value, 100,000,000 shares authorized; 68,176,300 shares issued and outstanding at April 30, 2010 and January 31, 2010		682			682
Property, plant and equipment, net		83,380			36,882
Additional paid-in capital		4,077,434			4,077,434
Intangible assets,net		58,749			-
Deficit accumulated during the development stage		(4,084,212	)		(4,082,106	)
TOTAL ASSETS	$	8,208,052		$	4,466,172
Total Stockholders’ Equity (Deficit)		(6,096	)		(3,990	)
LIABILITIES AND STOCKHOLDERS’ EQUITY
TOTAL LIABILITIES & EQUITY (Deficit)	$	-		$	2,106
Current liabilities
Accounts payable	$	561,222		$	158,541
Accrued expenses and other payables		16,259			50,217
Due to related parties		631,069			411,833
Due to employees		249,789			-
Due to outside parties		121,905			117,007
Total current liabilities		1,580,244			737,598
TOTAL LIABILITIES		1,580,244			737,598
STOCKHOLDERS’ EQUITY
Common stock, $0.00001 par value; 100,000,000 shares authorized; 49,870,814 shares issued and outstanding		499			499
Additional Paid-in capital		14,851			13,560
Accumulated other comprehensive income		82,529			55,790
Retained earnings		6,529,929			3,658,725
TOTAL STOCKHOLDERS’ EQUITY		6,627,808			3,728,574
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	8,208,052		$	4,466,172

~~See accompanying notes to condensed consolidated financial statements~~2

3IDCENTRIX, INC

IDCENTRIX, INC.

(A Development Stage Company)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

FOR THE SIX AND THREE MONTHS ENDED JUNE 30, 2010 AND 2009

(UNAUDITED)

	For the Three Months Ended April 30, 2010			For the Three Months Ended April 30, 2009			For the Period January 31, 2007 (inception) to April 30, 2010
	For the six months ended June 30,						For the three months ended June 30,
Revenue	$	-		$	-		$	-
	2010			2009			2010			2009
Operating Expenses
Net revenues	$	3,653,545		$	2,240,589		$	2,826,296		$	2,240,589
Selling, general and administrative		2,106			206,603			3,904,038
Cost of goods sold		(714,541	)		(567,177	)		(597,651	)		(567,177	)
Research and Development		-			-			40,096
Gross profit		2,939,004			1,673,412			2,228,645			1,673,412
Impairment of Sublicense		-			-			171,000
Operating expenses:
Abandonment of assets		-			-			713
General and administrative expenses		(67,572	)		(39,763	)		(34,830	)		(21,448	)
Loss from operations		(2,106	)		(206,603	)		(4,115,847	)
Income from operations		2,871,432			1,633,649			2,193,815			1,651,964
Other Income/Expense Interest Income		-			333			31,635
Other income (expenses)
Net Loss	$	(2,106	)		(206,270	)		(4,084,212	)
Interest income		25			31			13			-
Basic and diluted net loss per share	$	(0.00	)	$	(0.01	)
Other expenses		(253	)		(392	)		(128	)		(177	)
Weighted average number of common shares Outstanding (without giving effect to the 1-for-284 reverse stock split which took effect on June 1, 2010)		41,837,004			31,896,674
Total other expenses		(228	)		(361	)		(115	)		(177	)
Income before income taxes		2,871,204			1,633,288			2,193,700			1,651,787
Income tax expense		-			-			-			-
Income from operations		2,871,204			1,633,288			2,193,700			1,651,787
Other comprehensive income-foreign currency translation gains		26,739			3,842			26,499			3,571
								-			-
Comprehensive income	$	2,897,943		$	1,637,130		$	2,220,199		$	1,651,787
Basic and diluted earnings per share	$	0.06		$	0.03		$	0.04		$	0.03
Weighted average number of shares		49,870,814			49,870,814			49,870,814			49,870,814

~~See accompanying notes to condensed consolidated financial statements~~3

4IDCENTRIX, INC

IDCENTRIX, INC.

(A Development Stage Company)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE SIX MONTHS ENDED JUNE 30, 2010 AND 2009

(UNAUDITED)

	For the Three Months Ended April 30, 2010			For the Three Months Ended April 30, 2009			For the Period January 3, 2007 (Inception) to April 30, 2010
	For the six months ended June 30,
Cash flows from Operating Activities
	2010			2009
Net loss	$	(2,106	)	$	(206,270	)	$	(4,084,212	)
Cash flows from operating activities:
Adjustments to reconcile net loss to net
Net income	$	2,871,204		$	1,633,288
Cash used in operating activities:
Adjustments to reconcile net income to cash provided by (used in) operating activities:
Depreciation and amortization		-			2,200			72,532
Depreciation		3,946			2,416
Fair value of vested stock options		-			43,117			231,956
Changes in operating assets and liabilities:
Fair value of vesting of restricted stock issuance		-			27,000			448,500
Accounts receivable		1,554,439			25,086
Fair value of stock issued to employee		-			-			50,000
Inventories		(373,390	)		(193,392	)
Impairment of assets		-			-			189,858
Advance to suppliers		(673,674	)		7,048
Changes in operating assets and liabilities
Prepaid expenses and other assets		25,005			(20,823	)
Prepaid expenses and security deposits		2,106			10,485			1,529
Accounts payable		400,477			(442,194	)
Accounts payable		-			(21,857	)		(50,765	)
Advance from customers		-			1,534,683
Accrued Expenses		-			2,598			(1,529	)
Accrued expenses and other current liabilities		(34,038	)		(9,132	)
Net cash used in operating activities		-			(142,727	)		(3,142,131	)
Net Cash provided by operating activities		3,773,969			2,536,980
Cash Flows from Investing Activities
Cash flows from investing activities:
Net cash received in reverse merger with Sterling Gold		-			-			503,055
Acquisition of property, plant & equipment		(50,111	)		(519	)
Purchase of property and equipment		-			-			(34,390	)
Acquisition of intangible assets		(58,524	)		-
Net cash (used in) provided by investing Activities		-			-			468,665
Net cash (used in) investing activities		(108,635	)		(519	)
Cash Flows from Financing Activities
Cash flows from financing activities:
Net proceeds from issuance of common stock		-			-			2,673,466
Capital contribution		1,290			-
Net cash (used in) provided by financing Activities		-			-			2,673,466
Loan to outside parties		(3,079,845	)		-
Net change in cash		-			(142,727	)		-
Receipts from outside parties		4,389			-
Cash and Cash Equivalents, Beginning of period		-			275,082			-
Receipts from employee		248,833			-
Cash and Cash Equivalents, end of Period	$	-		$	132,355		$	-
Repayment to related parties		(411,980	)		(2,784,036	)
Supplemental non cash investing and financing activities
Collections from related parties		628,654			-
Issuance of Common stock for sublicense agreement	$	-		$	-		$	228,000
Net cash (used in) financing activities		(2,608,659	)		(2,784,036	)
Effect of exchange rate changes on cash		4,147			714
Net increase (decrease) in cash and cash equivalents		1,060,822			(246,861	)
Cash and cash equivalents, beginning of the period		11,300			479,902
Cash and cash equivalents, ending of the period	$	1,072,122		$	233,041
SUPPLEMENTARY DISCLOSURE:
Interest paid	$	-		$	-
Income tax paid	$	-		$	-

~~See accompanying notes to condensed consolidated financial statements.~~4

IDCENTRIX, INC

NOTES TO CONDENSED CONSOLIDATED

FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED

JUNE 30, 2010 AND 2009

(UNAUDITED)

NOTE 1 - ORGANIZATION AND BASIS OF PRESENTATION

iDcentrix, Inc. (the "Company" or “iDcentrix”) was incorporated in the State of Nevada on January 26, 2004.

On July 16, 2010, the Company completed a reverse acquisition transaction through a share exchange with Honour Bond Limited ("Honour Bond") and its shareholders (the “Shareholders”), whereby the Company acquired 100% of the issued and outstanding capital stock of Honour Bond in exchange for 49,870,814 shares of our Common Stock which constituted 99.74% of our issued and outstanding capital stock as of and immediately after the consummation of the reverse acquisition. As a result of the reverse acquisition, Honour Bond became our wholly-owned subsidiary and the former shareholders of Honour Bond became our controlling stockholders. The amount of consideration received by the shareholders of Honour Bond was determined on the basis of arm’s-length negotiations between Honour Bond and iDcentrix. The share exchange transaction with Honour Bond and the Shareholders was treated as a reverse acquisition, with Honour Bond as the accounting acquirer and iDcentrix as the accounting acquiree.

For accounting purposes, the transaction was being accounted for as a reverse merger, since the former stockholders of Honour own a majority of the issued and outstanding shares of common stock of the Company, and the director and executive officer of Honour became the director and executive officer of the Company. This acquisition is being accounted for at historical cost in a manner similar to that in pooling of interests method since the former stockholders of Honour acquired a majority of the outstanding shares of the Company. The historical financial statements will be those of Honour.

Honour Bond is a corporation organized under the laws of Hong Kong Special Administrative Region (“HKSAR”) in January 2010 with registered capital of HKD 10,000 (approximately $1,289).

Honour Bond is a holding company whose only asset, held through a 100% wholly owned subsidiary Shenzhen Zhihao Dongbo Technology Co., Ltd. (“Zhihao”), a limited liability company organized under the laws of the People’s Republic of China (“PRC”) in March 2010. The Company does not conduct any substantive operations of its own, but conducts its primary business operations through Zhihao’s variable interest entity (“VIE”), Dandong Longsheng Horticulture Technology Co., Ltd. (“Dandong Longsheng”). Dandong Longsheng was incorporated under the laws of the PRC in March 2008.

Honour Bond, through Zhihao, has entered into certain exclusive agreements with Dandong Longsheng, which obligate the Company to absorb a majority of the risk of loss from Dandong Longsheng’s activities and entitle it to receive a majority of its residual returns. In addition, Dandong Longsheng 's shareholders have pledged their equity interest in Dandong Longsheng to Zhihao, irrevocably granted Zhihao an exclusive option to purchase, to the extent permitted under PRC law, all or part of the equity interests in Dandong Longsheng and agreed to entrust all the rights to exercise their voting power to the person(s) appointed by Zhihao. Through these contractual arrangements, the Company and Zhihao hold all the variable interests of Dandong Longsheng, and the Company and Zhihao have been determined to be the most closely associated with Dandong Longsheng. Therefore, the Company is the primary beneficiary of Dandong Longsheng.

Based on these contractual arrangements, the Company believes that Dandong Longsheng should be considered as a VIE under ASC 810, "Consolidation of Variable Interest Entities, an Interpretation of ARB No.51", because the equity investors in Dandong Longsheng do not have the characteristics of a controlling financial interest and the Company through Zhihao is the primary beneficiary of Dandong Longsheng. Accordingly, the Company believes that the financial statements of Dandong Longsheng should be consolidated under ASC 810.

The Company, along with its subsidiary and VIEs, is engaging in the cultivation and sales of blueberry seedlings with dominant operation in Dandong Liaoning, Northeastern China.

IDCENTRIX, INC.

~~(A Development~~NOTES ~~Stage~~TO ~~Company)~~CONDENSED CONSOLIDATED

~~Notes to~~FINANCIAL ~~Condensed Consolidated Financial Statements~~STATEMENTS

~~For the~~FOR ~~Three~~THE ~~Months~~SIX ~~Ended~~MONTHS ~~April 30, 2010 and 2009~~ENDED

~~and the~~JUNE ~~Period January 3, 2007 (inception) to April~~ 30, 2010 ~~(Unaudited)~~ AND 2009

~~NOTE 1 –DESCRIPTION OF THE BUSINESS~~(UNAUDITED)

~~iDcentrix,~~NOTE ~~Inc.~~2 (the “Company”) was incorporated in Nevada in January of 2004. On October 23, 2009, the Company entered into a stock purchase agreement (the “Belmont Stock Purchase Agreement”) with Belmont Partners, LLC (“Belmont”), whereby the Company issued to Belmont 36,688,800 shares of its common stock constituting a controlling interest of the Company’s common stock (the “Belmont Purchase Transaction”). Pursuant to the Belmont Stock Purchase Agreement, Joseph Meuse, a managing member of Belmont, was appointed as a member of the Company’s Board of Directors and to the offices of President and Secretary and all other Directors and officers of the Company resigned. As of October 28, 2009, the Company changed its plan of business from the development and marketing of high-~~end~~ ~~security~~SUMMARY ~~identification~~OF ~~cards~~SIGNIFICANT toACCOUNTING ~~seeking to acquire or merge with a revenue-producing company or a company with technology assets.~~POLICIES

On April 5, 2010, the Company entered into a Common Stock Purchase Agreement (the “Tsoi Stock Purchase Agreement”) by and among Tsoi Tik Man, Belmont and the Company. Pursuant to the terms of the Tsoi Stock Purchase Agreement, on April 5, 2010, Tsoi Tik Man acquired from Belmont 36,688,800 shares of the Company’s common stock, which at the closing of the transaction, represented a 53.81% controlling interest for consideration of $300,000. In addition, the Company agreed to issue to Belmont shares of its common stock such that the Belmont will own 10% of the issued and outstanding capital stock of the Company after the closing of a merger transaction with an as yet unidentified target corporation. Pursuant to the terms of the Tsoi Stock Purchase Agreement, Joseph J. Meuse resigned and Tsoi Tik Man was named as the sole officer and director of the Company. Concurrent with this change of control, the Company moved its principal executive offices to Rm 1903, 19/F, Hing Yip COMM Centre, No. 272 Des Voeux Rd, Central, Hong Kong.

On June 1, 2010, we filed an amendment to our Articles of Incorporation (the “Amendment”), which amended our current Articles of Incorporation to effect a 1-for-284 reverse stock split of our issued and outstanding Common Stock. Our board of directors and majority stockholder approved the Amendment pursuant to written consents dated as of April 26, 2010. These financial statements do not give retroactive effect to the reverse stock split.

The Company is a development stage company as defined by Generally Accepted Accounting Principles (GAAP). All losses accumulated since the inception of the Company will be considered as part of the Company’s development stage activities. The Company has generated no revenue. The ability of the Company to carry out its business plan rests with its ability to secure equity and other financing.

NOTE 2 –SIGNIFICANT ACCOUNTING POLICIES

Principles of Consolidation

The accompanying consolidated financial statements include the ~~accounts~~financial statements of ~~the Company~~iDcentrix, ~~and~~ its wholly owned ~~subsidiary~~subsidiaries, ~~IDCX~~Honour CoBond and Zhihao as well as Dandong Longsheng, Zhihao’s VIE. ~~Intercompany~~All significant inter-company balances and transactions have been eliminated in consolidation. In the opinion of the Company’s management, the unaduited condensed consolidated financial statements include all adjustments necessary to present fairly the consolidated financial position, results of operations and cash flows of the Company for the periods presented. The results of operations for the three and six-months ended June 30, 2010 are not necessarily indicative of the operating results expected for the full year or future interim periods.

Use of estimates

The preparation of consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the consolidated financial statements and the amounts of revenues and expenses during the reporting periods. Management makes these estimates using the best information available at the time the estimates are made. However, actual results could differ materially from those results.

Risks and uncertainties

The Company is subject to substantial risks from, among other things, intense competition associated with the industry in general, other risks associated with financing, liquidity requirements, rapidly changing customer requirements, limited operating history, foreign currency exchange rates and the volatility of public markets.

Foreign currency translation

The functional currency of the Company is the Chinese Renminbi (“RMB”). For financial reporting purposes, RMB has been translated into United States dollars ("USD") as the reporting currency. Assets and liabilities are translated at the exchange rate in effect at the balance sheet date. Income statement accounts are translated at the average rate of exchange prevailing for the period. Capital accounts are translated at their historical exchange rates when the capital transaction occurred. Translation adjustments arising from the use of different exchange rates from period to period are included as a component of stockholders' equity as "Accumulated other comprehensive income." Gains and losses resulting from foreign currency translation are included in accumulated other comprehensive income.

Cash and cash equivalents

The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents.

Accounts receivable

Accounts receivables are recorded at net realizable value consisting of the carrying amount less an allowance for uncollectible amounts, as needed.

The Company uses the aging method to estimate the valuation allowance for anticipated uncollectible receivable balances. Under the aging method, bad debt percentages determined by management based on historical experience as well as current economic climate are applied to customers’ balances categorized by the number of months the underlying invoices have remained outstanding. The valuation allowance balance is adjusted to the amount computed as a result of the aging method. When facts subsequently become available to indicate that the allowance provided requires an adjustment, then the adjustment will be classified as a change in estimate. There were no allowances for uncollectible amounts for the six months ended June 30, 2010 and the year ended December 31, 2009 as the management believes all amounts are considered collectible.

Inventories

Inventories are stated at the lower of cost (determined on a weighted average basis) or market. The management compares the cost of inventories with the fair market value and an allowance is made for writing down the inventories to fair market value, if lower than the cost. As of June 30, 2010 and December 31, 2010, there were no reserves for obsolete inventory.

~~Basis~~IDCENTRIX, ~~of Presentation and going concern~~INC

~~The accompanying~~NOTES ~~unaudited~~TO ~~financial statements have been prepared in accordance~~CONDENSED with accounting principals generally accepted in the United States of America and the rules and regulations of the United States Securities and Exchange Commission for interim financial information and with the instructions to Form 10-Q and article 10 of Regulation S-X. Accordingly, they do not include all the information and footnotes necessary for a comprehensive presentation of financial position, results of operations, or cash flows. It is management’s opinion, however, that all material adjustments (consisting of normal recurring adjustments) have been made which are necessary for a fair financial statement presentation. The results for the interim period are not necessarily indicative of the results to be expected for the full year.CONSOLIDATED

~~The unaudited~~FINANCIAL interim financial statements should be read in conjunction with the Company’s Form 10-K, which contains audited financial statements and notes thereto, together with Management’s Discussion and Analysis, for the years ended January 31, 2010 and 2009. The interim results for the period ended April 30, 2010 are not necessarily indicative of the results for the full fiscal year.STATEMENTS

~~The accompanying~~FOR ~~consolidated~~THE ~~financial~~SIX ~~statements~~MONTHS have been prepared assuming that the Company will continue as a going concern. This basis of accounting contemplates the recovery of the Company’s assets and the satisfaction of its liabilities. Since inception, the Company has been engaged in organizational activities, sales and marketing activities to create market awareness of its products, and obtaining financing. Through April 30, 2010, the Company has incurred accumulated losses of approximately $4,084,212. The Company’s ability to continue as a going concern is dependent upon its ability to develop additional sources of capital and to ultimately achieve profitable operations through the acquisition of a revenue producing company or one with technology assets that can be developed. The Company’s consolidated financial statements do not include any adjustments that might result from the outcome of these uncertainties.ENDED

AtJUNE ~~April~~ 30, 2010, ~~the~~AND Company had not yet commenced any revenue-generating operations. All activity through April 30, 2010 has been related to the Company’s formation, capital raising efforts and sales and marketing activities. As such, the Company has yet to generate any cash flows from operations, and is dependent on equity funding from both related and unrelated parties to finance its operations.2009

The Company does not have sufficient resources to fund its operations for the next twelve months. Accordingly, the Company needs to raise additional funds in order to satisfy its future working capital requirements.(UNAUDITED)

~~The~~Revenue Company estimates that it will require minimum funding in fiscal 2011 of approximately $30,000 in order to fund operations. The Company is actively seeking new sources of equity while attempting to generate revenue from operations and reducing expenses. There can be no assurances that the Company will be able to raise additional capital on terms that are acceptable to the Company or at all. Additionally, there can be no assurance that the Company will be able to generate any revenue from operations.recognition

~~Use~~The Company recognizes sales in accordance with the United States Securities and Exchange Commission (“SEC”) Staff Accounting Bulletin (“SAB”) No. 104, “Revenue Recognition”. The Company recognizes revenue when the following fundamental criteria are met: (i) persuasive evidence of an arrangement exists, ~~Estimates~~(ii) delivery has occurred or services have been rendered, (iii) the price to the customer is fixed or determinable and (iv) collection of the resulting receivable is reasonably assured. Revenue is not recognized until title and risk of loss is transferred to the customer, which occurs upon delivery of goods, and objective evidence exists that customer acceptance provisions have been met. Deposits or advance payments from customers prior to delivery of goods and passage of title of goods are recorded as advance from customers.

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

Property, plant and equipment are recorded at cost. Gains or losses on disposals are reflected as gain or loss in the year of disposal. The cost of improvements that extend the life of plant, property, and equipment are capitalized. These capitalized costs may include structural improvements, equipment, and fixtures. All ordinary repair and maintenance costs are expensed as incurred.

Depreciation for financial reporting purposes is provided using the straight-line method over the following estimated useful lives of the assets:

	Estimated Useful Life	Residual value
Machinery and equipment	5-10 years		5	%
Vehicle	10 years		5	%

Impairment of long-lived assets

Long-lived assets, which include property, plant and equipment, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of long-lived assets to be held and used is measured by a comparison of the carrying amount of an asset to the estimated undiscounted future cash flows expected to be generated by the assets. If the carrying amount of an asset exceeds its estimated undiscounted future cash flows, an impairment charge is recognized by the amount by which the carrying amount of the asset exceeds the fair value of the assets. Fair value is generally determined using the asset’s expected future discounted cash flows or market value, if readily determinable.

There was no impairment loss recorded for the six months ended June 30, 2010 and 2009.

Concentration of credit risk

Financial instruments that potentially subject the Company to significant concentrations of credit risk consist of cash and cash equivalents and accounts and other receivables. As of June 30, 2010, most of the Company's cash and cash equivalents were held by major banks located in China, which the Company's management believes are of high credit quality. With respect to accounts receivable, the Company conducts periodic reviews of its customers' financial condition and customer payment practices to minimize collection risk on accounts receivable.

Earnings per share

Earnings per share are calculated in accordance with the ASC 260, “Earnings per share.” Basic net earnings per share are based upon the weighted average number of common shares outstanding, but excluding shares issued as compensation that have not yet vested. Diluted net earnings per share are based on the assumption that all dilutive convertible shares and stock options were converted or exercised, and that all unvested shares have vested. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period.

~~Equity~~IDCENTRIX, ~~Based Compensation~~INC

~~Under~~NOTES ~~the fair~~TO ~~value recognition principles of accounting standards regarding share based~~CONDENSED payments, share-based compensation costs are measured at the grant date based on the fair value of the award and is recognized as expense over the applicable vesting period of the stock award (generally three years) using the straight-line method.CONSOLIDATED

~~Long-Lived Assets~~FINANCIAL STATEMENTS

~~GAAP requires~~FOR ~~that~~THE ~~long-lived~~SIX ~~assets~~MONTHS be reviewed for impairment whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. If the cost basis of a long-lived asset is greater than the projected future undiscounted net cash flows from such asset (excluding interest), an impairment loss is recognized. Impairment losses are calculated as the difference between the cost basis of an asset and its estimated fair value.ENDED

AsJUNE ~~of January 31~~30, ~~2009,~~2010 ~~the~~AND Company evaluated its sublicense agreement and determined that the future undiscounted net cash flows was less than the carrying amount of the asset and recognized an impairment loss equal to the remaining book value of the sublicense.2009

~~Income Taxes~~(UNAUDITED)

~~The~~Income ~~Company accounts for income~~ taxes under the provisions of GAAP which requires a company to recognize deferred tax liabilities and assets for the expected future tax consequences of events that have been recognized in the Company’s consolidated financial statements or tax returns. Under this method, deferred tax liabilities and assets are determined based on the difference between the financial statement carrying amounts and tax bases of assets and liabilities using enacted tax rates in effect in the years in which the differences are expected to reverse. A valuation allowance is recognized if, based on the weight of available evidence, it is more likely than not that some portion or all of the deferred tax asset will not be realized.

~~Research~~The Company accounts for income tax under the provisions of ASC 740,"Accounting for Income Taxes", which requires recognition of deferred tax assets and liabilities ~~Development~~for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred income taxes are recognized for the tax consequences in future years of differences between the tax bases of assets and liabilities and their financial reporting amounts at each period end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, whenever necessary, against net deferred tax assets when it is more likely than not that some portion or all of the deferred tax asset will not be realized. The Company did not have any deferred tax asset or liabilities in the any tax jurisdiction for the six months ended June 30, 2010 and the year ended 2009.

~~Research and~~Fair ~~development~~values ~~costs~~of ~~related to future products are charged to~~financial ~~operations.~~instruments

~~Loss~~The Company’s ~~per~~financial ~~common~~instruments include cash and cash equivalents, accounts ~~share~~receivable, advances to suppliers, other receivables, prepaid expenses, accounts payable, accrued expenses, and other loans payable. Management has estimated that the carrying amounts approximate their fair value due to the short-term nature.

~~Basic loss~~Statement ~~per share is calculated by dividing net loss by the weighted average number~~ of ~~common shares outstanding during the period.~~cash flows

~~Diluted~~In ~~loss~~accordance ~~per~~with ~~share~~ASC is230, ~~calculated~~"Statements ~~assuming the issuance~~ of ~~common~~Cash ~~shares~~Flows", ~~if dilutive,~~cash ~~resulting~~flows from the Company’s ~~exercise~~operations ofis ~~stock~~calculated ~~options~~based ~~and~~upon ~~warrants.~~the Atlocal ~~April 30,~~currencies. ~~2010,~~As ~~potentially~~a ~~dilutive securities consisted of 6~~result,~~025,000 outstanding~~ ~~common~~amounts ~~stock~~related ~~warrants~~ to ~~acquire~~assets ~~3,012,500~~and ~~shares.~~liabilities ~~Since the Company~~ reported ~~a net~~on ~~loss for~~ the ~~years~~statement ~~ended~~of ~~January~~cash flows ~~31,~~may ~~2010~~not ~~and~~necessarily ~~2009,~~agree ~~these~~with ~~potentially dilutive~~changes ~~common~~in ~~shares were excluded from~~ the ~~diluted~~corresponding ~~loss~~balances ~~per share calculation~~on ~~because~~the ~~they~~balance ~~were anti-dilutive~~sheet.

NOTE 3 – ACCOUNTS RECEIVABLE

Accounts receivable consists of trade receivables resulting from sales of products during the normal course of business. Accounts receivable as of June 30, 2010 and December 31, 2009 amounted to $2,132,834 and $3,677,797, net of allowance, respectively. The management considered all accounts receivable collectible and no allowance was made as of June 30, 2010 and December 31, 2009.

The Accounts receivable has the following breakdown between affiliated Company and non-affiliated Company:

			As of
	June 30,		December 31,
	2010		2009
Accounts receivable
- from affiliated companies	$	-	$	3,670,409
- from outside companies		2,132,834		7,388
Less: Allowance for doubtful accounts		-		-
Accounts receivable, net	$	2,132,834	$	3,677,797

NOTE 4 – OTHER RECEIVABLES

Other receivables are mainly composed of advance to employees for the daily operation of business. Other receivable as of June 30, 2010 and December 31, 2009 amounted to $58,076 and $100,746, respectively.

NOTE 5 – LOANS TO OUTSIDE PARTIES

Loans to outside parties are generally short term, non-interest bearing and due on demand. Loan to outside parties as of June 30, 2010 and December 31, 2009 amounted to $ 3,091,678 and nil, respectively. The Company loans to outside parties for potential projects and will convert this loan to investment when they establish the project is feasible.

~~Concentration~~IDCENTRIX, ~~of Credit Risk~~INC

~~Financial instruments~~NOTES ~~that~~TO ~~potentially subject the Company to concentrations of credit~~CONDENSED risk consist primarily of cash and cash equivalents. The Company places its cash and cash equivalents with high credit quality financial institutions. From time to time such cash balances may be in excess of the FDIC insurance limit of $250,000. CONSOLIDATED

~~NOTE~~FINANCIAL ~~3 – COMMON STOCK~~STATEMENTS

~~During the~~FOR ~~year~~THE ~~ended~~SIX ~~January~~MONTHS 31, 2009, the Company completed a private placement offering resulting in the sale of 500,000 shares of common stock at $0.75 per share and received net proceeds after offering costs of approximately $372,000.ENDED

~~During the~~JUNE ~~year ended January 31~~30, 2010, ~~the~~AND ~~Company issued 36,688,800 shares of common stock to Belmont Partners, LLC and received net proceeds after offering cost of approximately $86,272.~~2009

~~NOTE 4 – OPTIONS AND WARRANTS~~(UNAUDITED)

~~For the~~NOTE ~~three~~6 ~~months~~– ended April 30, 2009 and for the period January 3, 2007 (inception) to April 30, 2010, the Company recognized compensation expense related to the fair value of the vested stock options of $43,117, and $231,956, respectively. As of January 31, 2010, following the Share Purchase Agreement with Belmont Partners, all outstanding options were forfeited. The majority of options were fully vested as of the forfeiture date.INVENTORIES

~~Stock~~Inventories ~~Options~~consist of the following as of June 30, 2010 and December 31, 2009:

As of January 31, 2010, following the Share Purchase Agreement with Belmont Partners, all outstanding options have been forfeited.

			As of
	June 30,		December 31,
	2010 (Unaudited)		2009
Raw material	$	107,723	$	8,732
Finished goods		194,238		174,077
Work in process		691,586		433,325
Total	$	993,547	$	616,134

AsNo allowance for inventories was made as of ~~April~~ June 30, 2010, ~~the~~and ~~Company~~December ~~has no options outstanding~~31, 2009.

~~Warrants~~NOTE 7 – PROPERTY, PLANT AND EQUIPMENT, NET

~~As of~~Property, ~~April~~plant ~~30,~~and ~~2010,~~equipment ~~the~~consist ~~Company~~of ~~has 6,025,000 warrants for~~ the ~~issuance~~following ofas ~~3,012,500 shares~~ of ~~common~~June ~~stock outstanding~~30, ~~all~~2010 ~~of which are exercisable at a price of $0.25 per share. Each warrant is exercisable for a period of five (5) years from the date of the subscriber’s subscription agreement~~ and ~~will expire in~~ ~~2012.~~2009:

NOTE 5 – INCOME TAXES

				As of
	June 30,			December 31,
	2010 (Unaudited)			2009
Machine Equipment	$	13,668		$	13,611
Vehicle		24,675			24,571
Office Equipment		57,257			6,924
Total costs		95,600			45,106
Less: Accumulated Depreciation		(12,220	)		(8,224	)
Total property, plant and equipment, net	$	83,380		$	36,882

~~At April~~Depreciation ~~30,~~expense ~~2010,~~for the ~~Company~~six ~~had~~months ~~available~~ended ~~Federal~~June ~~and~~30, ~~state~~2010 ~~net~~and ~~operating~~2009 ~~loss carry forwards to reduce future taxable income. The amounts available~~ were ~~approximately~~ $43,~~241,000~~947 ~~for Federal purposes~~ and $32,~~855~~416,~~000 for state purposes.~~ ~~The~~respectively. Depreciation ~~Federal~~expense ~~carry~~for ~~forward expires in 2029 and~~ the ~~state~~three ~~carry~~months ~~forward~~ended ~~expires in~~June ~~2014.~~30, ~~Given~~2010 ~~the~~and ~~Company’s~~2009 ~~history~~were ~~of net operating losses~~$2,602 ~~management~~and ~~has determined that it is more likely than not the Company will not be able to realize the tax benefit of the carry forwards. Accordingly~~$1,212, ~~the Company has not recognized a deferred tax asset for this benefit~~respectively.

~~GAAP~~NOTE ~~requires~~8 ~~that~~–INTANGIBLE a valuation allowance be established when it is more likely than not that all or a portion of deferred tax assets will not be realized. Due to restrictions imposed by Internal Revenue Code Section 382 regarding substantial changes in ownership of companies with loss carry-forwardsASSETS, the utilization of the Company’s net operating loss carry-forwards will likely be limited as a result of cumulative changes in stock ownership. The company has not recognized a deferred tax asset and, as a result, the change in stock ownership has not resulted in any changes to valuation allowances.NET

Intangible assets as of June 30, 2010 consist of computer software program acquired. The Company will amortize the assets on a straight line basis over its terms of use rights from the acquisition date. The amortization will start from July 2010.

NOTE 9 - RELATED PARTY TRANSACTIONS

As of June 30, 2010 and December 31, 2009, the Company has a payable balance of $631,069 and $411,833 due to the Company’s majority stockholder, Mr. Guang Zhao. Mr. Zhao provides funds for the Company’s daily operations. These amounts due are generally unsecured, non-interest bearing and due upon demand.

NOTE 10 – INCOME TAX

The Company is subject to income taxes on an entity basis on income arising in or derived from the tax jurisdiction in which each entity is domiciled.

iDcentrix, Inc. was incorporated in the United States, it is a Nevada company.

As all of the Honour’s operations are conducted through its wholly owned subsidiary Zhihao and its variable interest entity, Dandong Longsheng in China, those Companies are governed by the Income Tax Law of the PRC concerning the private-run enterprises, which are currently subject to tax at a statutory rate of 25% on income reported in the statutory financial statements after appropriated tax adjustments.

~~Upon the attainment of taxable income by the Company~~IDCENTRIX, ~~management will assess the likelihood of realizing the tax benefit associated with the use of the carry forwards and will recognize a deferred tax asset at that time.~~INC

~~We recognize~~NOTES ~~the~~TO ~~tax benefit from an uncertain tax position only if it is more~~CONDENSED likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. At the date of adoption, and as of April 30, 2010 and 2009, the Company does not have a liability for unrecognized tax benefits.CONSOLIDATED

~~The Company~~FINANCIAL files income tax returns in the U.S. federal jurisdiction and various states. The Company is subject to U.S. federal or state income tax examinations by tax authorities for five years after 2002. During the periods open to examination, the Company has net operating loss and tax credit carry forwards for U.S. federal and state tax purposes that have attributes from closed periods. Since these NOLs and tax credit carry forwards may be utilized in future periods, they remain subject to examination.STATEMENTS

~~ITEM 2~~FOR -THE ~~MANAGEMENT’S~~SIX ~~DISCUSSION~~MONTHS ~~AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION~~ENDED

~~The following~~JUNE ~~should~~30, be2010 ~~read~~AND ~~in conjunction with the consolidated financial statements of the Company included elsewhere herein.~~2009

~~FORWARD-LOOKING STATEMENTS~~(UNAUDITED)

~~When used in this report~~However, the ~~words~~Company ~~“may,”~~is ~~“will,”~~exempt ~~“expect,”~~from ~~“anticipate,”~~both ~~“continue,” “estimate,”~~income ~~“intend,”~~tax ~~“plans”,~~ and ~~similar expressions are intended to identify forward~~value-~~looking~~added ~~statements~~tax ~~regarding~~because ~~events, conditions and financial trends~~it ~~which~~operates ~~may~~its ~~affect our future plans of operations,~~ business ~~strategy,~~in ~~operating results~~the ~~and~~agriculture ~~financial position~~industry. ~~Forward~~ ~~looking~~The ~~statements~~Chinese ingovernment ~~this~~has ~~report~~long ~~include~~been ~~without~~encouraging ~~limitation~~and ~~statements~~promoting ~~relating~~agriculture-related tobusinesses ~~trends~~by ~~affecting our~~offering ~~financial~~tax ~~condition~~exemption ~~or results of operations, our business~~ and ~~growth~~many ~~strategies and~~other ~~our financing plans~~incentives.

~~Such~~Reconciliation ~~statements are not guarantees~~ of ~~future~~the ~~performance~~difference ~~and~~between ~~are~~the ~~subject~~actual toincome ~~risks~~tax ~~and uncertainties~~rate and ~~actual results may differ materially from those included within~~ the ~~forward-looking~~effective ~~statements~~tax ~~as a result of various~~rate ~~factors. Such~~computed ~~factors~~by ~~include,~~applying ~~among~~the ~~other~~related ~~things,~~tax ~~general~~exemption ~~economic conditions;~~for ~~cyclical~~the ~~factors~~operation ~~affecting our industry; lack~~ of growth in our industry; our ability to comply with government regulations; a failure to manage our business effectively; our ability to sell products at profitable yet competitive prices; and other risks and factors set forth from time to time in our filings with the ~~Securities and Exchange Commission, including our~~periods ~~registration~~presented ~~statement on Form SB-2,~~ as ~~amended.~~follows:

Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. We undertake no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of unanticipated events.

	2010			2009
US statutory rate		34	%		34	%
Tax rate difference		(9	)%		(9	)%
Effect of tax exempt		(25	)%		(25	)%
Tax per financial statements		0	%		0	%

~~Overview~~NOTE 11 ~~and~~- ~~Recent History~~STOCKHOLDERS’ EQUITY

~~iDcentrix,~~Issuance ~~Inc. (the “Company” or “iDcentrix”) (formally known as Sterling Gold Corp.) was incorporated in Nevada in January~~ of ~~2004.~~Common ~~The~~Stock ~~Company~~for is a development stage company as defined by Generally Accepted Accounting Principles (GAAP). All losses accumulated since the inception of the Company will be considered as part of the Company's development stage activities. The Company has generated no revenue. The ability of the Company to carry out its business plan rests with its ability to secure equity and other financing.recapitalization

Prior to the acquisition of Honour Bond Limited the Company had 68,176,300 shares issued and outstanding as of January 31, 2010 and on June 1, 2010, the Company effected a one for two hundred eighty-four (1:284) reverse stock split. The Company had 68,176,300 shares of common stock outstanding immediately prior to the reverse stock split and 240,130 shares of common stock outstanding immediately after the reverse stock split and before the reverse merger with Honour. In connection with the reverse merger, the Company issued 49,870,814 shares of its common stock, in exchange for all the shares of the capital stock of Honour (the “Share Exchange”). Upon completion of the Share Exchange, the shareholders of Honour owned approximately 99.74% of the common stock of the Company.

~~On January 31~~IDCENTRIX, 2008, the Company consummated a share exchange (the “IDCX Share Exchange”) with all of the shareholders of iDcentrix, Inc., a Delaware corporation (“IDCX”), pursuant to a Share Exchange Agreement, dated January 16, 2008. Pursuant to the IDCX Share Exchange Agreement, the issued and outstanding common shares of IDCX were exchanged on a one-for-one basis for common shares of the Company. The Company issued 18,762,000 shares of its Common Stock to the former shareholders of IDCX upon consummation of the IDCX Share Exchange. As a result of the IDCX Share Exchange, IDCX became a wholly-owned subsidiary of the Company, and the Company continued its existence as the surviving corporation. Further, under the terms of the IDCX Share Exchange Agreement, the Company’s current director and management prior to the IDCX Share Exchange resigned and were replaced with IDCX’s directors and new management.INC

~~The acquisition~~NOTES ~~was~~TO ~~accounted for as a reverse merger (recapitalization) with IDCX~~CONDENSED deemed to be the accounting acquirer and the Company deemed to be the legal acquirer. Following the IDCX Share Exchange, the Company’s new Board of Directors and management adopted the plan of operation of IDCX and abandoned its previous plan of operation regarding the acquisition and exploration of mineral properties. Following the IDCX Share Exchange, the Company changed its name from “Sterling Gold Corp.” to “iDcentrix, Inc.” and IDCX changed its name to “IDCX Co.”CONSOLIDATED

~~On October~~FINANCIAL 23, 2009, the Company entered into a stock purchase agreement (the “Belmont Stock Purchase Agreement”) with Belmont Partners, LLC (“Belmont”), whereby the Company issued to Belmont 36,688,800 shares of its common stock constituting a controlling interest of the Company’s common stock (the “Belmont Purchase Transaction”). Pursuant to the Belmont Stock Purchase Agreement, Joseph Meuse, a managing member of Belmont, was appointed as a member of the Company’s Board of Directors and to the offices of President and Secretary and all other Directors and officers of the Company resigned. As of October 28, 2009, the Company changed its plan of business from the development and marketing of high-end security identification cards to seeking to acquire or merge with a revenue-producing company or a company with technology assets.STATEMENTS

OnFOR ~~April 5,~~THE ~~2010,~~SIX ~~the~~MONTHS Company entered into a Common Stock Purchase Agreement (the “Tsoi Stock Purchase Agreement”) by and among Tsoi Tik Man, Belmont and the Company. Pursuant to the terms of the Purchase Agreement, on April 5, 2010, Tsoi Tik Man acquired from Belmont 36,688,800 shares of the Company’s common stock, which at the closing of the transaction, represented a 53.81% controlling interest. In addition, the Company agreed to issue to Belmont shares of its common stock such that Belmont will own 10% of the issued and outstanding capital stock of the Company after the closing of a merger transaction with an as yet unidentified target corporation. Pursuant to the terms of the Tsoi Stock Purchase Agreement, Joseph J. Meuse resigned and Tsoi Tik Man was named as the sole officer and director of the Company. Concurrent with this change of control, the Company moved its principal executive offices to Rm 1903, 19/F, Hing Yip COMM Centre, No. 272 Des Voeux Rd, Central, Hong Kong.ENDED

OnJUNE ~~June 1~~30, 2010, weAND filed an amendment to our Articles of Incorporation (the “Amendment”), which amended our current Articles of Incorporation to effect a 1-for-284 reverse stock split of our issued and outstanding Common Stock. Our board of directors and majority stockholder approved the Amendment pursuant to written consents dated as of April 26, 2010. A copy of the Amendment is filed as Exhibit 3.1 to this Quarterly Report. The reverse stock split reduced the number of issued and outstanding shares of our Common Stock from 68,176,300 shares outstanding prior to the split to 240,130 shares outstanding after the split. The reverse stock split became effective on June 1, 2010.2009

~~The Company currently has no operations.~~(UNAUDITED)

~~The~~NOTE ~~Company’s~~12 ~~fiscal~~- ~~year~~CONCENTRATION ~~end~~AND ~~is January 31.~~RISKS

To date, since inception we have had no revenues and only losses, and we anticipate this continuing for the foreseeable future. Accordingly, until such time that we are profitable, if at all, we will be dependent upon debt and equity financing which may not be available to us. Our auditors are currently of the opinion, and have formally indicated that for the fiscal year ended January 31, 2010, they doubt our ability to continue as (a ~~going concern as a result of our continued~~) ~~net~~Concentration ~~losses.~~risk

A summary of the major clients who accounted for 10% or more of the Company’s sales are as follows:

	For the six months ended		For the six months ended
	June 30, 2010		June 30,2009
Major Clients' sales
Client A		994,914		-
Client B		786,275		358,088
Client C		723,069		-
Client D		572,324		632,664
Client E		-		531,031
Client D		-		718,806
Other		576,963		-
Total	$	3,653,545	$	2,240,589

A summary of the major suppliers who provided 10% or more of the Company’s purchases are as follows:

	For the six months ended		For the six months ended
	June 30, 2010		June 30,2009
Major Suppliers
Supplier A		423,658		-
Supplier B		298,755		159,070
Supplier C		107,378		55,295
Supplier D		-		188,506
Other		95,153		200,769
Total	$	924,944	$	214,365

(b) Credit risk

Financial instruments that potentially expose the Company to concentrations of credit risk consist primarily of cash, cash equivalents and accounts receivable. The Company places its cash, cash equivalents with financial institutions that management believes are of high-credit ratings and quality.

The Company has not experienced significant losses from uncollectible accounts. The Company will continue to evaluate its collection experience and will provide for an allowance for doubtful accounts as appropriate.

A majority of the Company’s sales and expenses transactions and a significant portion of the Company’s assets and liabilities are denominated in RMB. RMB is not freely convertible into foreign currencies. In the PRC, certain foreign exchange transactions are required by law to be transacted only by authorized financial institutions at exchange rates set by the People’s Bank of China (“PBOC”). Remittances in currencies other than RMB by the Company in China must be processed through the PBOC or other China foreign exchange regulatory bodies which require certain supporting documentation in order to affect the remittance.

~~Results~~IDCENTRIX, ~~of Operations~~INC

~~The Three~~NOTES ~~Months~~TO ~~Ended April 30, 2010 Compared to the Three Months Ended April 30,~~CONDENSED ~~2009~~CONSOLIDATED

~~The revenues~~FINANCIAL ~~for the three months ended April 30, 2010 and April 30, 2009 were both $0.~~STATEMENTS

~~The Operating~~FOR ~~Expenses,~~THE ~~which~~SIX ~~are~~MONTHS composed entirely of general and administrative expenses, for the three months ended April 30, 2010 and April 30, 2009, were $2,106 and $206,603, respectively. The lower expenses in 2010 were attributable to a reduction in independent contracts, professional fees and prepaid expenses.ENDED

~~Similarly, our~~JUNE ~~Net Loss for the three months ended April~~ 30, 2010 ~~and~~AND ~~April 30,~~ 2009~~, was $2,106 and $206,270, respectively.~~

Based upon our current plans, we plan to adjust our operating expenses so that any cash generated from financing activities or contributions from our officer will be sufficient for the foreseeable future to fund our operations at our currently forecasted levels. To try to operate at a break-even level based upon our current level of anticipated business activity, we believe that we must generate approximately $36,000 in revenue per year. However, if our forecasts are inaccurate, we will need to raise additional funds. On the other hand, we may choose to scale back our operations to operate at break-even with a smaller level of business activity, while adjusting our overhead to meet the revenue from current operations. In addition, we expect that we will need to raise additional funds if we decide to pursue more rapid expansion, the development of new or enhanced services and products, appropriate responses to competitive pressures, or the acquisition of complementary businesses or technologies, or if we must respond to unanticipated events that require us to make additional investments. We cannot assure that additional financing will be available when needed on favorable terms, or at all.(UNAUDITED)

~~We expect~~NOTE to12 ~~incur~~- ~~operating~~CONCENTRATION ~~losses~~AND inRISKS future periods because we will be incurring expenses and not generating sufficient revenues. We expect approximately $36,000 in operating costs over the next twelve months. We cannot guarantee that we will be successful in generating sufficient revenues or other funds in the future to cover these operating costs. Failure to generate sufficient revenues or additional financing when needed could cause us to go out of business.(Continued)

~~Liquidity~~(d) Country and ~~Capital Resources~~Political risk

~~As of~~The ~~April~~Company’s 30operations are all carried out in the PRC. Accordingly, ~~2010~~The Company’s business, wefinancial ~~had~~condition ~~cash~~and orresults ~~cash~~of ~~equivalents~~operations may be influenced by the political, economic and legal environments in the PRC, and by the general state of $0the PRC's economy.~~00.~~

~~Net cash~~The ~~used~~Company’s ~~for~~operations ~~operating~~in ~~activities~~the ~~was~~PRC $0are ~~for~~subject ~~the~~to ~~three~~specific ~~months~~considerations ~~ended~~and significant ~~April~~risks ~~30,~~not ~~2010, compared~~typically toassociated ~~cash~~with ~~used~~companies byin ~~operating~~the ~~activities~~North ofAmerica and ~~$142~~Western Europe. These include risks associated with,~~727~~ ~~for~~among others, the political, ~~three~~economic ~~months ended~~and ~~April~~legal ~~30,~~environments ~~2009~~and foreign currency exchange. The Company’s ~~decrease~~results inof ~~net~~operations ~~cash~~may ~~used~~be ~~for~~adversely ~~the~~affected ~~three months~~by ~~ended~~changes ~~April~~in governmental ~~30,~~policies ~~2010~~with ~~was~~respect ~~attributable~~ to ~~reduced~~laws ~~operating~~and ~~expenses~~regulations, anti-inflationary ~~specifically~~measures, ~~reduced~~currency ~~general~~conversion and ~~administrative~~remittance ~~expenses~~abroad, and rates and methods of taxation, among other things.

Cash flows provided by investing activities was $0 for the three months ended April 30, 2010 and $0 for the same period in 2009.

Cash flows used by financing activities was $0 for the three months ended April 30, 2010 as compared to $0 for the same period in 2009.

Until the Company’s operations become cash flow positive, our sole officer and Director may, in his sole discretion, fund the operations to continue the business. At this time, we have no other resources for cash without his assistance.

We expect our principal source of liquidity will be financing activities. We try to operate with minimal overhead. Our primary activity will be to seek to acquire an operating business generating revenues. If we succeed in finding such an opportunity, we expect to become profitable. We cannot guarantee that this will ever occur. Our plan is to build our company in any manner which will be successful.

~~Off-Balance~~Item 2. ~~Sheet~~Management’s Discussion and Analysis of Financial Condition and Results of ~~Arrangements~~Operations

AtThe following ~~April~~discussion and analysis should be read in conjunction with our ~~30,~~unaudited ~~2010,~~condensed weconsolidated ~~did~~financial ~~not~~statements ~~have~~and ~~any~~notes ~~transactions,~~thereto ~~obligations~~included in orthis ~~relationships~~Quarterly ~~that~~Report on Form 10-Q and our audited consolidated financial ~~could~~statements beand ~~considered~~notes ~~off~~thereto included in our Current Report on Form 8-~~balance~~K ~~sheet~~filed with ~~arrangements~~the SEC on July 16, 2010.

~~Significant Accounting~~Forward-Looking ~~Policies~~Statements

~~Our discussion~~This ~~and~~quarterly ~~analysis~~report ofon ~~results~~Form ~~of operations and financial condition are~~10-Q ~~based~~contains ~~upon~~forward-looking ~~our consolidated financial~~ statements, ~~which~~within ~~have~~the ~~been~~meaning ~~prepared~~of ~~in accordance with accounting principles generally accepted in~~ the ~~United~~federal ~~States of~~securities ~~America~~laws. ~~The~~These ~~preparation of these consolidated financial~~ statements ~~requires~~relate us to ~~make~~future ~~estimates~~events ~~and~~or ~~judgments~~our ~~that~~future ~~affect the reported amounts of assets,~~financial ~~liabilities,~~performance ~~revenues~~ and ~~expenses,~~involve known and ~~related~~unknown ~~disclosure~~risks, ofuncertainties ~~contingent assets~~ and ~~liabilities.~~other Wefactors that ~~evaluate~~may cause our ~~estimates~~actual onresults, anlevels ~~ongoing~~of ~~basis~~activity, ~~including~~performance ~~those~~or ~~related~~achievements to ~~provisions~~be ~~for~~materially ~~uncollectible~~different ~~accounts~~from ~~receivable,~~those ~~inventories, valuation~~expressed ofor ~~intangible~~implied ~~assets~~by ~~and~~the forward-looking ~~contingencies~~statements. ~~and~~In ~~litigation.~~some Wecases, ~~base~~you ~~our estimates~~can onidentify ~~historical~~forward-looking statements ~~experience~~by ~~and~~terminology onsuch ~~various~~as ~~other~~“may,” ~~assumptions~~“likely,” ~~that~~“will,” ~~are~~“should,” “expect,” ~~believed~~“plan,” to“anticipate,” be“believe,” ~~reasonable~~“estimate,” ~~under~~“predict,” ~~the circumstances~~“potential,” “continue” or the ~~results~~negative of ~~which~~these ~~form~~terms ~~the basis~~or ~~for~~other ~~making~~comparable ~~judgments~~terminology. ~~about~~These forward-looking ~~the~~statements ~~carrying~~are ~~values~~subject ofto ~~assets~~a ~~and~~number ~~liabilities~~ of risks that ~~are~~could ~~not~~cause them ~~readily~~to ~~apparent~~differ from ~~other~~our ~~sources~~expectations. ~~Actual~~These ~~results~~include, ~~may~~but ~~differ~~are ~~from these~~not ~~estimates~~limited ~~under~~to, risks ~~different~~relating ~~assumptions or conditions.~~to:

~~The accounting~~· ~~policies~~Continued ~~that~~growth we follow are set forth in Note 2 to our financial statements as included in this document. These accounting policies conform to accounting principles generally accepted in the United States, and have been consistently applied in the preparation of the ~~financial statements.~~Chinese economy;

~~ITEM 3~~· -Chinese ~~QUANTITATIVE~~consumers’ ~~AND~~continued ~~QUALITATIVE~~movement ~~DISCLOSURES~~up ~~ABOUT~~the ~~MARKET~~value ~~RISK~~chain to consume higher-end agricultural products, namely blueberries;

We· ~~are~~Our ~~a smaller~~ability ~~reporting~~to ~~company~~obtain asadditional ~~defined~~capital byin ~~Rule~~future ~~12b-2~~years ~~of the Securities Exchange Act of 1934 and are not required~~ to ~~provide~~fund ~~the~~our ~~information~~planned ~~under this item.~~expansion;

~~ITEM 4T~~· -Negative ~~CONTROLS~~changes ~~AND~~in ~~PROCEDURES~~the industries in which our products are sold;

~~(a)~~· ~~Evaluation~~Decrease in the availability, or increase in the cost, of ~~Disclosure~~raw ~~Controls~~materials and ~~Procedures.~~energy;

~~Our management~~· ~~has~~Economic, ~~conducted an evaluation of the effectiveness of disclosure controls and procedures (as such term is defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934~~political, ~~as amended (the “Exchange Act”))~~regulatory, aslegal ~~of the end of the period covered by this report. Disclosure controls~~ and ~~procedures~~foreign ~~are~~exchange ~~controls~~risks ~~and~~associated ~~other~~with ~~procedures that are designed to ensure that the information we are required to disclose in~~ our ~~periodic~~operations; ~~reports filed~~ or submitted under the Exchange Act is (i) recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms, and (ii) accumulated and communicated to management, as appropriate, to allow timely decisions regarding required disclosure.

~~Based~~· ~~on the~~The ~~results~~loss of ~~this~~key ~~evaluation,~~members ~~and~~of ~~the material weaknesses in~~ our ~~internal control~~senior ~~over financial reporting discussed in our Annual Report on Form 10-K for the year ended January 31, 2010, our~~ management ~~has~~and ~~concluded that~~ our ~~disclosure~~ ~~controls~~qualified ~~and~~sales ~~procedures were not effective at the reasonable assurance level as of April 30, 2010~~personnel.

~~(b)~~You ~~Changes~~should not place undue reliance on these forward-looking statements, which are based on our current views and assumptions. In evaluating these statements, you should specifically consider various factors, including the foregoing risks and those outlined under “Risk Factors” in ~~Internal~~our ~~Control~~Form ~~over~~8-K ~~Financial~~as ~~Reporting~~filed with the SEC on July 16, 2010. Many of these factors are beyond our control. Our forward-looking statements represent estimates and assumptions only as of the date of this quarterly report on Form 10-Q. Except as required by law, we undertake no obligation to update any forward-looking statement to reflect events or circumstances occurring after the date of this quarterly report on Form 10-Q.

~~There~~Business ~~were~~Overview noand ~~changes~~Basis ~~in our internal control over financial reporting that occurred during our most recent fiscal quarter, which were identified in connection with management’s evaluation required by paragraph (d)~~ of ~~Rules 13a-15 or Rule 15d-15 under the Exchange Act, that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.~~Presentation

On July 16, 2010, we completed a reverse acquisition transaction through a share exchange with Honour Bond Limited, a Hong Kong limited company (“Honour Bond”) and its shareholders (“Honour Bond Shareholders”), whereby we acquired 100% of the issued and outstanding capital stock of Honour Bond in exchange for 49,870,814 shares of our common stock which constituted 99.74% of our issued and outstanding capital stock as of and immediately after the consummation of the reverse acquisition. As a result of the reverse acquisition, Honour Bond became our wholly-owned subsidiary and the Honour Bond Shareholders became our controlling stockholders. The share exchange transaction with Honour Bond and the Honour Bond Shareholders was treated as a reverse acquisition, with Honour Bond as the acquirer and iDcentrix as the acquired party. Unless the context suggests otherwise, when we refer in this report to business and financial information for periods prior to the consummation of the reverse acquisition, we are referring to the business and financial information of Honour Bond and its consolidated subsidiaries and replace the historical financial results of iDcentrix, Inc. pre-acquisition. iDcentrix, Inc. and its subsidiaries and controlled affiliates are referred to collectively as “we,” “us,” and the “Company.”

~~PART~~Upon the IIclosing -of ~~OTHER~~the ~~INFORMATION~~reverse acquisition, Tsoi Tik Man, our former President, Secretary and a director, submitted a resignation letter pursuant to which he resigned from all offices that he held effective immediately and from his position as our director that became effective on August 7, 2010. In addition, our board of directors on July 16, 2010, appointed Guang Zhao to fill the vacancy created by such resignation, which appointment became effective on August 7, 2010. In addition, our executive officer was replaced by Guang Zhao upon the closing of the reverse acquisition.

~~ITEM~~As a 1result of our acquisition of Honour Bond, we now own all of the issued and outstanding capital stock of Honour Bond, which in turn owns all of the issued and outstanding capital stock of Dongbo Consulting Shengzheng Zhihao Dongbo Technology Ltd., a Chinese limited company (“Dongbo Consulting”). ~~LEGAL~~In addition, ~~PROCEEDINGS~~we effectively and substantially control Dandong LongSheng Horticulture Technology Co., Ltd., a Chinese limited company (“Dandong LongSheng”), through a series of captive agreements with Dongbo Consulting. Dandong LongSheng is principally engaged in the production of blueberry seedlings in the PRC.

~~We are~~Honour ~~not~~Bond ~~currently~~was ~~involved~~established in ~~any~~Hong ~~material~~Kong ~~pending~~on ~~legal~~January ~~proceeding~~5, 2010 to serve as an intermediate holding company. Dongbo Consulting was established in China on March 4, 2010.

~~ITEM~~Dandong 1ALongSheng was founded in March of 2008 in the People’s Republic of China to meet the strict supply chain demands of the food and beverage industry for quality high-end agricultural products. ~~RISK~~Our ~~FACTORS~~offices and growing facilities are located in and around the city of Dandong in Liaoning Province. Our products consist of a number of blueberry seedling varietals. Currently, we have the capacity to grow seven million seedlings per year in our 34 greenhouses on five acres of growing facilities. We sell our seedlings to a number of agricultural enterprises throughout northern China, who then replant them and cultivate them to maturity in blueberry farms.

WeOur unique ~~are~~cultivation atechniques allow us to produce multiple semi-mature blueberry ~~smaller~~plants ~~reporting~~from ~~company~~seedlings asat ~~defined~~far byhigher ~~Rule~~efficiencies, ~~12b-2~~survival ofrates ~~the~~and ~~Securities~~in ~~Exchange~~shorter ~~Act~~periods of ~~1934~~time ~~and~~than ~~are~~many ~~not~~of ~~required~~our competitors, contributing to ~~provide~~our ~~the~~strong ~~information~~gross margins. We ~~under~~currently ~~this~~employ approximately 155 ~~item~~individuals.

~~The above~~Contractual ~~statement~~Arrangements ~~notwithstanding, shareholders and prospective investors should be aware that certain risks exist~~ with ~~respect~~our toControlled ~~the~~Affiliate ~~Company~~ and its business, which risks include: its limited assets, lack of revenues and only losses since inception, industry risks, the need for additional capital; the fact that our accountants have expressed doubts about our ability to continue as a going concern; among other factors. The Company management is aware of these risks and has attempted to establish the minimum controls and procedures to insure adequate risk assessment and execution to reduce loss exposure. For more specific detail regarding the risks inherent in an investment in the Company, shareholders and prospective investors are also referred to the “Risk Factors” section of the Company’s registration statement filed with the Securities and Exchange Commission on Form SB-2, as amended. See www.sec.gov.Shareholder

~~ITEM~~On March 210, 2010, prior to the reverse acquisition transaction, Dongbo Consulting and Dandong LongSheng and its sole shareholder Guang Zhao entered into a series of agreements known as variable interest agreements (the “VIE Agreements”) pursuant to which Dandong LongSheng became Dongbo Consulting’s contractually controlled affiliate. ~~UNREGISTERED~~The ~~SALES~~use OFof ~~EQUITY~~VIE ~~SECURITIES~~agreements ~~AND~~is ~~USE~~a OFcommon structure used to ~~PROCEEDS~~acquire PRC corporations, particularly in certain industries in which foreign investment is restricted or forbidden by the PRC government. The VIE Agreements included:

~~None~~(1) an Exclusive Technical Consulting and Service Agreement between Dongbo Consulting and Dandong LongSheng pursuant to which Dongbo Consulting is to provide technical support and consulting services to Dandong LongSheng in exchange for all of the net income after taxes of Dandong LongSheng.

~~ITEM 3~~(2) a Call Option and Cooperation Agreement among Guang Zhao, Dandong LongSheng and Dongbo Consulting under which the sole shareholder of Dandong LongSheng has granted to Dongbo Consulting the irrevocable right and option to acquire all of his equity interests in Dandong LongSheng to the extent permitted by PRC law. ~~DEFAULTS~~ ~~UPON~~If ~~SENIOR~~PRC ~~SECURITIES~~law limits the percentage of Dandong LongSheng that Dongbo Consulting may purchase at any time, then Dongbo Consulting may repeatedly exercise its option in such increments as may be allowed by PRC law. The exercise price of the option is the net asset value of Dandong LongSheng at the time of exercise, or the percentage of such net asset value which corresponds to any incremental exercise of the option, or any higher price required by PRC law. Any such difference between such net asset value and such higher price required by PRC law is, subject to all applicable laws and regulations, to be paid over to Dandong LongSheng. Dandong LongSheng and its owner agree to refrain from taking certain actions which might harm the value of Dandong LongSheng or Dongbo Consulting’s option, and Dongbo Consulting undertakes to offer necessary financial support to Dandong LongSheng with respect to any losses or capital requirements to the extent permitted by law;

None.

ITEM 4. (REMOVED AND RESERVED)

ITEM 5. OTHER INFORMATION.

None.

ITEM 6. EXHIBITS.

Exhibit No. Description

Exhibit 3.1	Certificate of Amendment to Articles of Incorporation filed with the Nevada Secretary of State on June 1, 2010.
Exhibit 31	Certification required by Rule 13a-14(a) or Rule 15d-14(a) and section 302 of the Sarbanes-Oxley Act of 2002 of the Principal Executive Officer and Principal Financial Officer.
Exhibit 32	Certification required by Rule 13a-14(b) or Rule 15d-14(b) and section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350, of the Principal Executive Officer and Principal Financial Officer.

~~SIGNATURES~~(3) a Power of Attorney by Guang Zhao pursuant to which Mr. Zhao authorizes Dongbo Consulting to designate someone to exercise all of his shareholder decision rights with respect to Dandong LongSheng, provided that Dandong LongSheng consents to such authorization; and

~~Pursuant to~~(4) an Equity Pledge Agreement between Guang Zhao and Dongbo Consulting under which the ~~requirements~~sole shareholder of ~~Section~~Dandong 13LongSheng has pledged all of ~~the~~his ~~Securities~~equity in Dandong LongSheng to Dongbo Consulting to guarantee Dandong LongSheng’s and ~~Exchange~~Guang ~~Act~~Zhao’s performance of ~~1934,~~ their obligations under the ~~registrant~~Exclusive ~~has~~Technical ~~duly~~Consulting ~~caused~~and ~~this~~Service ~~report~~Agreement, tothe beCall ~~signed~~Option onand ~~its~~Cooperation ~~behalf~~Agreement byand the ~~undersigned,~~ ~~thereunto~~Equity ~~duly~~Pledge ~~authorized~~Agreement.

	iDcentrix, Inc.
	(Registrant)
Date: June 14, 2010	By:	/s/ Tsoi Tik Man
		Tsoi Tik Man, President and Secretary
		(Principal executive officer and principal financial officer)

The VIE Agreements with our Chinese affiliate and its shareholder, which relate to critical aspects of our operations, may not be as effective in providing operational control as direct ownership. In addition, these arrangements may be difficult and costly to enforce under PRC law. Furthermore, our failure to perform our obligations under the VIE Agreements could give Dandong LongSheng the right to cease performance under or terminate the VIE Agreements and thereby deprive us of the economic benefit of the VIE Agreements from which we derive all of our revenues. See “Risk Factors - Risks Relating to the VIE Agreements.”

Because of the common control between Honour Bond, Dongbo Consulting and Dandong LongSheng, for accounting purposes, the acquisition of these entities has been treated as a recapitalization with no adjustment to the historical basis of their assets and liabilities. The restructuring has been accounted for using the “as if” pooling method of accounting and the operations were consolidated as if the restructuring had occurred as of the beginning of the earliest period presented in our consolidated financial statements and the current corporate structure had been in existence throughout the periods covered by our consolidated financial statements.

Principal Factors Affecting Our Financial Performance

Our operating results are primarily affected by the following factors:

Growth in the Chinese Economy - We operate our agricultural facilities in China and derive the majority of our revenues from sales to customers in China. Economic conditions in China, therefore, affect virtually all aspects of our operations, including the demand for our products, the availability and prices of our raw materials and our other expenses. China has experienced significant economic growth, achieving a compound annual growth rate of over 10% in gross domestic product from 1996 through 2008. Concurrent with this growth, domestic demand for our products has also increased. China is expected to experience continued growth in all areas of investment and consumption, even in the face of a global economic recession.

Growth of Demand in the Agricultural Products Market – We believe that China’s recent rise in consumption of fruit has been due to China’s economic growth and increased health and wellness consciousness. Management believes that along with increases in disposable income, Chinese consumers will elect to purchase more health foods and fresh fruits, which will benefit our sales.

Fluctuations in Raw Material Supply, Prices and Demand for our Products - Our Company’s production costs depend largely on readily available supply price of necessary raw materials which include seedlings, fertilizer, and other growing equipment. Increases in the price of oil directly impact fertilizer prices. Blueberry demand impacts both our raw material costs as well as our sales price. We set our prices according to local market prices for seedlings, which is determined by supply and demand factors in Northern China.

~~INDEX~~· ~~TO EXHIBITS~~PRC Government Policy Promoting the Development of the Agricultural Industry - As part of the PRC’s eleventh five-year plan, local and federal authorities have offered assistance in the form of a variety of subsidies and tax incentives to farmers and agricultural producers with the goal of modernizing China’s agriculture industry and promoting rural affluence.

~~Exhibit~~Comparison ~~No.~~of ~~Description~~Six and Three Months Ended June 30, 2010 and 2009 (Unaudited)

Exhibit 3.1	Certificate of Amendment to Articles of Incorporation filed with the Nevada Secretary of State on June 1, 2010.
Exhibit 31	Certification required by Rule 13a-14(a) or Rule 15d-14(a) and section 302 of the Sarbanes-Oxley Act of 2002 of the Principal Executive Officer and Principal Financial Officer.
Exhibit 32	Certification required by Rule 13a-14(b) or Rule 15d-14(b) and section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350, of the Principal Executive Officer and Principal Financial Officer.

The following tables set forth key components of our results of operations during the six and three months periods ended June 30, 2010 and 2009, both in dollars and as a percentage of our net sales. As Longsheng was the only entity in our combined business that had operations, the results of operations below refer only to that of Longsheng.

	Six Months Ended						Six Months Ended
	June 30, 2010						June 30, 2009
				% of Net						% of Net
	Amount			Sales			Amount			Sales
Net Sales	$	3,653,545			100	%	$	2,240,589			100	%
Cost of sales		(714,541	)		(20	)%		(567,177	)		(25	)%
Gross profit		2,939,004			80	%		1,673,412			75	%
Selling, General and Administrative Expenses		(67,572	)		(1	)%		(39,763	)		(2	)%
Operating Income		2,871,432			79	%		1,633,649			73	%
Other income & interest expense		(228	)		0	%		(361	)		-
Income Before Income Taxes		2,871,204			79	%		1,633,288			73	%
Income taxes		-			0	%		-			-
Net income	$	2,871,204			79	%	$	1,633,288			73	%

	Three Months Ended						Three Months Ended
	June 30, 2010						June 30, 2009
				% of Net						% of Net
	Amount			Sales			Amount			Sales
Net Sales	$	2,826,296			100	%	$	2,240,589			100	%
Cost of sales		(597,651	)		(21	)%		(567,177	)		(25	)%
Gross profit		2,228,645			79	%		1,673,412			75	%
Selling, General and Administrative Expenses		(34,830	)		(1	)%		(21,448	)		(1	)%
Operating Income		2,193,815			78	%		1,651,964			74	%
Other income & interest expense		(115	)		0	%		(177	)		0	%
Income Before Income Taxes		2,193,700			78	%		1,651,787			74	%-
Income taxes		-			0	%		-			0	%
Net income	$	2,193,700			78	%	$	1,651,787			74	%

Net Sales and Cost of Sales

Our net sales sharply increased to $3,653,545 and $2,826,296 in the six and three months ended June 30, 2010 from $2,240,589 and $2,240,589 in the same period in 2009, representing an increasing trend year-on-year. Our cost of sales increased to $714,541 and $597,651 in the six and three months ended June 30, 2010 from $567,177 and $567,177 in the same period in 2009. The cost of goods sold per sales ratio changed from 25% to 20% in the six months ended June 30, 2010. These increases were mainly due to the rapid growth in our scale and output. We are under experimental stage in 2008 where each primal seedling was only proliferated into two. However, each seedling could be proliferated into four or five in 2009, or more in 2010 along with the growth in experience and technology. Therefore the level of cost of sales in the six and three months ended June 30, 2010 was lower than the same period of 2009. Our products’ growth is subject to the weather condition. In the winter period our products mostly will be hibernated. There were no sales in the first quarter of 2009.

Gross Profit and Gross Margin

Our gross profit increased to $2,939,004 and $2,228,645 in the six and three months ended June 30, 2010 from $1,673,412 and $1,673,412 in the same period in 2009. Gross profit as a percentage of net revenue was 80% and 75% for the six months ended June 30, 2010 and 2009, respectively, and was 79% and 75% for the three months ended June 30, 2010 and 2009, respectively.

Selling, General and Administrative Expenses

Our selling, general and administration expenses increased to $67,572 and $34,830 in the six and three months ended June 30, 2010 from $39,763 and $21,448 in the same period in 2009. This increase was mainly due to our rapid growth as these costs are proportional to sales.

Other Income (Expenses)

Other expenses decreased to $228 and $115 in the six and three months ended June 30, 2010 from $361 and $177 in the same period in 2009. This decrease was mainly due to decrease in our non-operation expenses.

Income before Income Taxes

Our income before income taxes increased to $2,871,204 and $2,193,700 in the six and three months ended June 30, 2010 from $1,633,288 and $1,651,787 in the same period in 2009. This change was mainly due to the increase in sales based on ample finished goods in the end of 2009.

Income Taxes

As all of the Honour’s operations are conducted in China, according to the PRC’s new Enterprise Income Tax, we are exempt from paying income taxes because we operate our business in the agriculture industry, which the government encourages and offers special incentives. We benefited from the tax exemption in both 2010 and 2009.

Liquidity and Capital Resources

As of June 30, 2010, we had cash and cash equivalents of $1,072,122, primarily consisting of cash on hand and demand deposits. The following table provides detailed information about our net cash flow for all financial statement periods presented in this report. To date, we have financed our operations primarily through cash flows from operations and equity contributions by our shareholders.

The following table sets forth a summary of our cash flows for the periods indicated:

	Six Months Ended
	June 30,
	2010			2009
Net cash provided by operating activities	$	3,773,969		$	2,536,980
Net cash used in investing activities		(108,635	)		(519	)
Net cash used in financing activities		(2,608,659	)		(2,784,036	)
Effects of Exchange Rate Change in Cash		4,147			714
Net (Decrease) Increase in Cash and Cash Equivalents		1,060,822			(246,861	)
Cash and Cash Equivalent at Beginning of the Year		11,300			479,902
Cash and Cash Equivalent at End of the Year		1,072,122			233,041

Operating activities

Net cash provided by operating activities was $3,773,969 for the six months ended June 30, 2010, as compared to $2,536,980 for the same period in 2009. The change is attributable to the increase of net income for current period, the decrease of $ 1,554,439 accounts receivable, increase of $400,477 in accounts payable.

Investing activities

Net cash used in investing activities for the six months ended June 30, 2010 was $108,635, as compared to $519 during the same period of 2009. The change is attributable to the acquisition of intangible assets.

Financing activities

Net cash used in financing activities for the six months ended June 30, 2010 was $2,608,659, as compared to net cash used in financing activities of $2,784,036 in the same period of 2009. The change is attributable to the change in receipts from related parties and outside parties.

We believe that our cash on hand and cash flow from operations will meet part of our present cash needs and we will require additional cash resources, to meet our expected capital expenditure and working capital for the next 12 months. We may, however, in the future, require additional cash resources due to changed business conditions, implementation of our strategy to ramp up our marketing efforts and increase brand awareness, or acquisitions we may decide to pursue. If our own financial resources are insufficient to satisfy our capital requirements, we may seek to sell additional equity or debt securities or obtain additional credit facilities. The sale of additional equity securities could result in dilution to our stockholders. The incurrence of indebtedness would result in increased debt service obligations and could require us to agree to operating and financial covenants that would restrict our operations. Financing may not be available in amounts or on terms acceptable to us, if at all. Any failure by us to raise additional funds on terms favorable to us, or at all, could limit our ability to expand our business operations and could harm our overall business prospects.

Inflation

Inflation and changing prices have not had a material effect on our business and we do not expect that inflation or changing prices will materially affect our business in the foreseeable future. However, our management will closely monitor the price change in travel industry and continually maintain effective cost control in operations.

Off Balance Sheet Arrangements

We do not have any off balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity or capital expenditures or capital resources that is material to an investor in our securities.

Seasonality

We may experience seasonal fluctuations in some regions in the PRC, based on the seasonal changes in the weather. Any seasonality may cause significant pressure on us to monitor the development of materials accurately and to anticipate and satisfy these requirements.

Our products growth is subject to the weather condition. In the winter period our products mostly will be hibernated.

Critical Accounting Policies

Principles of Consolidation

The accompanying consolidated financial statements include the financial statements of iDcentrix, its wholly owned subsidiaries, Honour Bond and Zhihao as well as Dandong Longsheng, Zhihao’s VIE. All significant inter-company balances and transactions have been eliminated in consolidation.

Use of estimates

Risks and uncertainties

Foreign currency translation

Cash and cash equivalents

The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents.

Accounts receivable

Accounts receivables are recorded at net realizable value consisting of the carrying amount less an allowance for uncollectible amounts, as needed.

Inventories

Revenue recognition

The Company recognizes sales in accordance with the United States Securities and Exchange Commission (“SEC”) Staff Accounting Bulletin (“SAB”) No. 104, “Revenue Recognition”. The Company recognizes revenue when the following fundamental criteria are met: (i) persuasive evidence of an arrangement exists, (ii) delivery has occurred or services have been rendered, (iii) the price to the customer is fixed or determinable and (iv) collection of the resulting receivable is reasonably assured. Revenue is not recognized until title and risk of loss is transferred to the customer, which occurs upon delivery of goods, and objective evidence exists that customer acceptance provisions have been met. Deposits or advance payments from customers prior to delivery of goods and passage of title of goods are recorded as advance from customers.

Property, plant and equipment

Depreciation for financial reporting purposes is provided using the straight-line method over the following estimated useful lives of the assets:

	Estimated Useful Life	Residual value
Machinery and equipment	5-10 years		5	%
Vehicle	10 years		5	%

Impairment of long-lived assets

There was no impairment loss recorded for the six months ended June 30, 2010 and 2009.

Concentration of credit risk

Earnings per share

Income taxes

The Company accounts for income tax under the provisions of ASC 740,"Accounting for Income Taxes", which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred income taxes are recognized for the tax consequences in future years of differences between the tax bases of assets and liabilities and their financial reporting amounts at each period end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, whenever necessary, against net deferred tax assets when it is more likely than not that some portion or all of the deferred tax asset will not be realized. The Company did not have any deferred tax asset or liabilities in the any tax jurisdiction for the six months ended June 30, 2010 and the year ended 2009.

Fair values of financial instruments

The Company’s financial instruments include cash and cash equivalents, accounts receivable, advances to suppliers, other receivables, prepaid expenses, accounts payable, accrued expenses, and other loans payable. Management has estimated that the carrying amounts approximate their fair value due to the short-term nature.

Statement of cash flows

In accordance with ASC 230, "Statements of Cash Flows", cash flows from the Company’s operations is calculated based upon the local currencies. As a result, amounts related to assets and liabilities reported on the statement of cash flows may not necessarily agree with changes in the corresponding balances on the balance sheet.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

Not applicable.

Item 4. Controls and Procedures

Disclosure Controls and Procedures

Management, with the participation of our Chief Executive Officer and Chief Financial Officer, carried out an evaluation of the effectiveness of our “disclosure controls and procedures” (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934 (the “Exchange Act”) as of the end of the period covered by this quarterly report (the “Evaluation Date”). Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, as of the Evaluation Date, our disclosure controls and procedures were not effective to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act (i) is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms, and (ii) 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.

Changes in Internal Control Over Financial Reporting. There were no changes in our internal control over financial reporting that occurred during the three months ending June 30, 2010 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II. OTHER INFORMATION

Item 1. Legal Proceedings

Not applicable.

Item 1A. Risk Factors

Not applicable.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

Not applicable.

Item 3. Defaults Upon Senior Securities

Not applicable.

Item 5. Other Information

Not applicable.

Item 6. Exhibits

Exhibit Number		Description of Exhibit
31.1		Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002*

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

Filed herewith

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

		iDcentrix, Inc.

Date: August 23, 2010		/s/ Guang Zhao
		Guang Zhao
		Chief Executive Officer

Date: August 23, 2010		/s/ Guang Zhao
		Guang Zhao
		Chief Financial Officer

EXHIBIT INDEX

Exhibit Number		Description of Exhibit
31.1		Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002*

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

Filed herewith

Filing Compare · North China Horticulture, Inc.