U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

x☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended ~~June~~December 3031, 2015

o☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ________ to ________

Commission file number 000-54175

5V , Inc.

(Exact name of registrant as specified in its charter)

Delaware		27–3828846
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification Number)

Floor 12, Building 5, Zhongchuang Plaza,

No.396, Tongjiang Zhong Road, Xinbei District

Changzhou City, Jiangshu Province, China

(Address of principal executive offices)

+86-13510608355

(Registrant’s telephone number, including area code)

Not applicable

(Former name, former address and former fiscal year, if changed since last report)

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

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

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 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 (Do not check if a smaller reporting company)~~☒

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☐.

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 100,000,000 shares of common stock of the registrant, par value $.0001 per share, were outstanding as of ~~July~~February 1716, ~~2015~~2016.

5V , INC.

- INDEX -

		Page
PART I – FINANCIAL INFORMATION:
Item 1.	Financial Statements:	1
	Consolidated Balance Sheets as of June 30, 2015 (Unaudited) and September 30, 2014	4
	Consolidated Balance Sheets as of December 31, 2015 (Unaudited) and September 30, 2015	F-2
	Consolidated Statements of Operations (Unaudited) for the Three and Nine Months Ended June 30, 2015 and 2014	5
	Consolidated Statements of Operations (Unaudited) for the Three Months Ended December 31, 2015 and 2014	F-3
	Consolidated Statements of Cash Flows (Unaudited) for the Nine Months Ended June 30, 2015 and 2014	6
	Consolidated Statements of Cash Flows (Unaudited) for the Three Months Ended December 31, 2015 and 2014	F-4
	Notes to the Consolidated Financial Statements (Unaudited)	7F-5
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	192
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	214
Item 4.	Controls and Procedures	214
PART II – OTHER INFORMATION:
Item 1.	Legal Proceedings	225
Item 1A.	Risk Factors	225
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	225
Item 3.	Defaults Upon Senior Securities	225
Item 4.	Mine Safety Disclosures	225
Item 5.	Other Information	225
Item 6.	Exhibits	235
Signatures		246

FORWARD-LOOKING STATEMENTS

Certain statements made in this Quarterly Report on Form 10-Q are “forward-looking statements” (within the meaning of the Private Securities Litigation Reform Act of 1995) regarding the plans and objectives of management for future operations. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of 5V, Inc. (the “Company”) to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The forward-looking statements included herein are based on current expectations that involve numerous risks and uncertainties. The Company’s plans and objectives are based, in part, on assumptions involving the continued expansion of business. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the control of the Company. Although the Company believes its assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance the forward-looking statements included in this Report will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.

PART I – FINANCIAL INFORMATION

Item 1. ~~Financial Statements.~~

The accompanying financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and in accordance with the instructions for Form 10-Q. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.

In the opinion of management, the financial statements contain all material adjustments, consisting only of normal recurring adjustments necessary to present fairly the financial condition, results of operations, and cash flows of the Company for the interim periods presented.

The results for the period ended June 30, 2015 are not necessarily indicative of the results of operations for the full year. These financial statements and related footnotes should be read in conjunction with the financial statements and footnotes thereto included in the Company’s Form 10-K originally filed with the Securities and Exchange Commission on January 5, 2015.

5V, INC. AND SUBSIDIARIES

FINANCIAL STATEMENTS

At ~~June~~ 30December 31, 2015 and ~~2014~~September ~~and~~30, 2015

~~for~~ For the ~~three~~Three months ~~and nine months~~ ended ~~June~~December 3031, 2015 and 2014

5V, INC. AND SUBSIDIARIES

INDEX

	PAGE	~~PAGE~~
CONSOLIDATED BALANCE SHEETS	F-2	4
CONSOLIDATED STATEMENTS OF OPERATIONS	F-3	5
CONSOLIDATED STATEMENTS OF CASH FLOWS	F-4	6
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS	F-5 - F-15	~~7-18~~

3F-1

5V, Inc and Subsidiaries

Consolidated Balance Sheets

	December 31, 2015			September 30, 2015
	(Unaudited)			(Audited)
ASSETS
Current Assets
Cash and cash equivalents	$	1,935		$	1,975
Prepaid expenses		1,000			1,500
Total Current Assets		2,935			3,475
Total Assets	$	2,935		$	3,475

LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities
Accounts payable and accrued expenses	$	13,130		$	16,000
Due to related parties		195,730			189,381
Total Current Liabilities		208,860			205,381
Total Liabilities		208,860			205,381

Commitments & contingencies		-			-

Stockholders' Deficit
Common stock, $0.0001 par value, 400,000,000 shares authorized; 100,000,000 shares issued at December 31, 2015 and September 30, 2015, respectively		10,000			10,000
Additional paid-in capital		42,037			42,037
Subscription receivables		(51,287	)		(51,287	)
Accumulated loss		(206,675	)		(202,656	)
Total stockholders' deficit		(205,925	)		(201,906	)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	2,935		$	3,475

The accompanying notes are an integral part of these financial statements

F-2

5V, Inc and Subsidiaries

Consolidated Statements of Operations

(Unaudited)

	For the Three Months Ended
	December 31, 2015			December 31, 2014
Revenues	$	-		$	-
Cost of sales		-			-
Gross margin		-			-

Operating expenses
General and administrative expenses		4,018			18,742
Total Operating Expenses		4,018			18,742

Loss from operation		(4,018	)		(18,742	)

Other income (loss)
Interest income, net		-			-
Total other income		-			-

Loss before income tax		(4,018	)		(18,742	)

Income tax		-			-

Net loss		(4,018	)		(18,742	)

Foreign currency translation adjustment		-			-

Comprehensive loss	$	(4,018	)	$	(18,742	)

Common Shares Outstanding, basic and diluted		100,000,000			100,000,000

Net loss per share
Basic and diluted	$	-		$	(0	)

The accompanying notes are an integral part of these financial statements

F-3

5V, Inc and Subsidiaries

Consolidated Statements of Cash Flows

(Unaudited)

	For the Three Months Ended
	December 31, 2015			December 31, 2014

Cash flows from operating activities
Net loss	$	(4,018	)	$	(18,742	)
Changes in operating assets and liabilities:
Prepaid expenses		500			-
Accounts payable and accrued expenses		(2,870	)		5,409
Net cash used in operating activities		(6,388	)		(13,333	)

Cash flows from financing activities
Proceeds from related party		6,348			13,333
Net cash provided by financing activities		6,348			13,333

NET INCREASE (DECREASE) IN CASH		(40	)		-

CASH
Beginning of period		1,975			1,974
End of period	$	1,935		$	1,974

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION CASH PAID FOR:
Interest	$	-		$	-
Income Taxes	$	-		$	-

The accompanying notes are an integral part of these financial statements

F-4

5V, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

	June 30,			September 30,
	2015			2014
	(unaudited)
ASSETS
Current Assets:
Cash and cash equivalents	$	1,975		$	1,974
Prepaid expenses		2,000			-
Total Current Assets		3,975			1,974
Total Assets	$	3,975		$	1,974
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIENCY)
Current Liabilities:
Accounts payable and accrued expenses (Note 4)	$	2,000		$	2,660
Advances from a related party (Note 5)		181,588			148,845
Total Current Liabilities		183,588			151,505
Commitments and Contingencies (Note 9)		-			-
Stockholders’ Deficiency
Preferred stock, par value $0.0001, 10,000,000 shares authorized; no shares issued and outstanding as of June 30, 2015 and September 30, 2014					-
Common stock, par value $0.0001, 400,000,000 shares authorized; 100,000,000 shares and 100,000,000 shares issued and outstanding as of June 30, 2015 and September 30, 2014		10,000			10,000
Additional paid-in capital		40,534			40,534
Subscription receivable (Note 8)		(51,287	)		(51,287	)
Accumulated deficit		(178,860	)		(148,778	)
Total Stockholders’ Equity (Deficiency)		(179,613	)		(149,531	)
Total Liabilities and Stockholders’ Equity (Deficiency)	$	3,975		$	1,974

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

5V, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS

	For the Three Months Ended						For the Nine Months Ended
	June 30,						June 30,
	2015			2014			2015			2014
	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Revenues
Sales	$	-		$	-		$	-		$	-
Costs of Sales		-			-			-			-
Gross Profit		-			-			-			-
Operating Expenses
Professional fees		1,987			8,191			16,775			40,418
Consultant fees		1,500			500			4,500			1,500
Other general and administrative expenses		1,667			1,831			8,807			3,757
Total Operating Expenses		5,154			10,522			30,082			45,675
Loss from Operation before Provision for Income Tax		(5,154	)		(10,522	)		(30,082	)		(45,675	)
Provision for Income Tax		-			-			-			-
Net Loss	$	(5,154	)	$	(10,522	)	$	(30,082	)	$	(45,675	)
Basic and fully diluted loss per share	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)
Basic and diluted weighted average shares outstanding		100,000,000			100,000,000			100,000,000			89,722,222

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

5V, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

	For the Nine Months Ended June 30,
	2015			2014
	(unaudited)			(unaudited)
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(30,082	)	$	(45,675	)
Adjustments to reconcile net loss to net cash used by operating activities:
Company expenses paid by related parties		5,825			10,568
Decrease (Increase) in operating assets:
Changes in operating assets and liabilities:
Decrease (increase) in prepaid expenses		(2,000	)
Increase (decrease) in accounts payable and accrued expenses		26,258			6,616
Net cash used by operating activities		1			(28,491	)
CASH FLOWS FROM INVESTING ACTIVITIES
Net cash used by investing activities		-			-
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from acquisition of 5-V Holding Limited		-			30,465
Net cash provided by financing activities		-			30,465
NET INCREASE IN CASH		1			1,974
CASH AT BEGINNING OF PERIOD		1,974			-
CASH AT END OF PERIOD	$	1,975		$	1,974
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid (received) during the period for:
Interest	$	-		$	-
Income taxes	$	-		$	-
Non-cash financing activities:
Accounts payable paid directly by related parties	$	26,918		$	11,445

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

5V, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 1 - ORGANIZATION AND BUSINESS

Note 1-	ORGANIZATION AND BUSINESS

	5V, Inc. (the “Company”), formerly China Gate Acquisition Corp. 1, was organized on February 19, 2010 as a Delaware corporation with fiscal year ending September 30. The Company is a shell with no business activity whose purpose is to seek out and attract partners for possible merger or acquisition.

	On April 28, 2011, the China Gate Acquisition Corp. 1 incorporated a wholly-owned subsidiary under the name “5V Inc.” under the laws of the State of Delaware.

	On May 3, 2011, the Company effectuated a merger (the “Merger”) pursuant to which its wholly-owned subsidiary, 5V, Inc. (“5V”) merged with and into the Company, with the Company continuing as the surviving corporation and the officer and directors of the Corporation replacing the sole officer and director of 5V. On the same day, the Company changed its name from “China Gate Acquisition Corp. 1” to “5V, Inc.” by filing a Certificate of Ownership and Merger with the Office of Secretary of State of Delaware.

	On August 24, 2012, Jun Jiang and Xiong Wu (collectively the “Purchasers”) purchased all of the issued and outstanding shares of common stocks of the Company’s existing shareholders (the “Sellers”) for an aggregate purchase of $250,000. As a result of the consummation of the transaction, the Purchasers collectively own 100% of the Company’s outstanding common stock, resulting in no liability owed to the original shareholders (the “Sellers”) thereafter.

	On December 31, 2012, the Company’s Board of Directors and shareholders approved an increase in the authorized shares of common stocks from 100,000,000 to 400,000,000. The amendment to the Company’s Certificate of Incorporation was filed with the Secretary of State of Delaware on April 16, 2013.

	On October 30, 2013, the Company, 5-V Holding Limited, a British Virgin Islands company (“5V BVI”) and the shareholders of 5V BVI (the “5V BVI Shareholders”) entered into a share exchange agreement (the “Share Exchange Agreement”). Pursuant to the Share Exchange Agreement, the Company agreed to acquire 100% of the issued and outstanding shares of 5V BVI from the 5V BVI Shareholders in exchange for the issuance of 92,500,000 shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”) to 5V BVI Shareholders. The 5V BVI Shareholders agreed to exchange each share of their 5V BVI shares for 2,000 5V DE Shares. The transaction pursuant to the Share Exchange Agreement is hereby referred to as the Share Exchange. The Share Exchange was consummated on October 30, 2013 (the “Closing Date”). As a result of the Share Exchange, 5V BVI will become a wholly-owned subsidiary of the Company.

	5V BVI was incorporated in the British Virgin Islands (“BVI”) on April 20, 2011, as a BVI Business Company under the BVI Business Companies Act, 2004. 5V BVI was organized to provide business services and financing to emerging growth entities.

5V Inc. (the “Company”), formerly China Gate Acquisition Corp. 1, was organized on February 19, 2010 as a Delaware corporation with fiscal year ending September 30. The Company is a shell with no business activity whose purpose is to seek out and attract partners for possible merger or acquisition.F-5

On April 28, 2011, the China Gate Acquisition Corp. 1 incorporated a wholly-owned subsidiary under the name “5V Inc.” under the laws of the State of Delaware.

On May 3, 2011, the Company effectuated a merger (the “Merger”) pursuant to which its wholly-owned subsidiary, 5V Inc. (“5V”) merged with and into the Company, with the Company continuing as the surviving corporation and the officer and directors of the Corporation replacing the sole officer and director of 5V. On the same day, the Company changed its name from “China Gate Acquisition Corp. 1” to “5V Inc.” by filing a Certificate of Ownership and Merger with the Office of Secretary of State of Delaware.

On August 24, 2012, Jun Jiang and Xiong Wu (collectively the “Purchasers”) purchased all of the issued and outstanding shares of common stocks of the Company’s existing shareholders (the “Sellers”) for an aggregate purchase of $250,000. As a result of the consummation of the transaction, the Purchasers collectively own 100% of the Company’s outstanding common stock, resulting in no liability owed to the original shareholders (the “Sellers”) thereafter.

On September 30, 2012, the Company’s Board of Directors and shareholders approved an increase in the authorized shares of common stocks from 100,000,000 to 400,000,000. The amendment to the Company’s Certificate of Incorporation was filed with the Secretary of State of Delaware on April 16, 2013.

On October 30, 2013, the Company, 5-V Holding Limited, a British Virgin Islands company (“5V BVI”) and the shareholders of 5V BVI (the “5V BVI Shareholders”) entered into a share exchange agreement (the “Share Exchange Agreement”). Pursuant to the Share Exchange Agreement, the Company agreed to acquire 100% of the issued and outstanding shares of 5V BVI from the 5V BVI Shareholders in exchange for the issuance of 92,500,000 shares (the “5V DE Shares”)of the Company’s common stock, par value $0.0001 per share (the “Common Stock”) to 5V BVI Shareholders. The 5V BVI Shareholders agreed to exchange each share of their 5V BVI shares for 2,000 5V DE Shares. The transaction pursuant to the Share Exchange Agreement is hereby referred to as the Share Exchange. The Share Exchange was consummated on October 30, 2013 (the “Closing Date”). As a result of the Share Exchange, 5V BVI will become a wholly-owned subsidiary of the Company.

5V BVI was incorporated in the British Virgin Islands (“BVI”) on April 20, 2011, as a BVI Business Company under the BVI Business Companies Act, 2004. 5V BVI was organized to provide business services and financing to emerging growth entities. 5V BVI has selected September 30 as its fiscal year ending.

5V, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 1 - ORGANIZATION AND BUSINESS (continued)

Note 1-	ORGANIZATION AND BUSINESS (continued)

	On May 6, 2011, 5V BVI incorporated a wholly-owned subsidiary named “5V Group Limited” in Hong Kong under the Companies Ordinance as a limited liability company. 5V Group Limited is a shell with no business activity and whose purpose is to seek out and attract partners for possible merger or acquisition.

	On March 12, 2013, 5V Group Limited established a wholly-owned subsidiary named "Shanghai BNC Biotechnology Co., Ltd." ("Shanghai BNC") in the People's Republic of China ("PRC') as a limited liability company under the Company Laws of PRC. Shanghai BNC plans to engage in the research, sale and after-market service of herb diet nutritional supplement and skin-care product in China.

	5V, Inc., 5-V Holding limited, 5V Group Limited, and Shanghai BNC are hereafter referred to as the “Company”, which structure is summarized in the following chart.

~~On May 6, 2011, 5V BVI incorporated a wholly~~F-owned subsidiary named “5V Group Limited” in Hong Kong under the Companies Ordinance as a limited liability company. 5V Group Limited is a shell with no business activity and whose purpose is to seek out and attract partners for possible merger or acquisition.6

On March 12, 2013, 5V Group Limited established a wholly-owned subsidiary named “Shanghai BNC Biotechnology Co., Ltd.” (“Shanghai BNC”) in the People’s Republic of China (“PRC’) as a limited liability company under the Company Laws of PRC. Shanghai BNC plans to engage in the research, sale and after-market service of herb diet nutritional supplement and skin-care product in China.

5V Inc., 5-V Holding limited, 5V Group Limited, and Shanghai BNC are hereafter referred to as the Company, which structure is summarized in the following chart.

5V, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Note 2-	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Basis of Presentation

	The accompanying financial statements have been prepared on the accrual basis of accounting in accordance with generally accepted accounting principles in the United States of America ("US GAAP") and are presented in U.S. dollars.

	The consolidated financial statements include the accounts of the Company and all its wholly-owned subsidiaries which require consolidation. Inter-company transactions have been eliminated in consolidation.

	Certain amounts in the prior year's consolidated financial statements and notes have been revised to conform to the current year presentation.

	Interim Financial Statements The unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) applicable to interim financial information and the requirements of Form 10-Q and Rule 8-03 of Regulation S-X of the Securities and Exchange Commission. Accordingly, they do not include all of the information and disclosure required by accounting principles generally accepted in the United States of America for complete financial statements. Interim results are not necessarily indicative of results for a full year. In the opinion of management, all adjustments considered necessary for a fair presentation of the financial position and the results of operations and cash flows for the interim periods have been included. These consolidated financial statements should be read in conjunction with the audited financial statements for the year ended September 30, 2015, as not all disclosures required by generally accepted accounting principles for annual financial statements are presented. The interim consolidated financial statements follow the same accounting policies and methods of computations as the audited financial statements for the year ended September 30, 2015. Reclassification Certain amounts in the prior period financial statements have been reclassified to conform to the current period presentation. These reclassifications had no effect on reported losses.
	Subsequent Events

	In preparing the accompanying financial statements, we evaluated the period from the balance sheet date through the date the financial statements were issued for material subsequent events requiring recognition or disclosure. No such events were identified for this period.

~~Basis of Presentation~~F-7

The unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) applicable to interim financial information and the requirements of Form 10-Q and Rule 8-03 of Regulation S-X of the Securities and Exchange Commission. Accordingly, they do not include all of the information and disclosure required by accounting principles generally accepted in the United States of America for complete financial statements. Interim results are not necessarily indicative of results for a full year. In the opinion of management, all adjustments considered necessary for a fair presentation of the financial position and the results of operations and cash flows for the interim periods have been included.

These consolidated financial statements should be read in conjunction with the audited financial statements for the year ended September 30, 2014, as not all disclosures required by generally accepted accounting principles for annual financial statements are presented. The interim consolidated financial statements follow the same accounting policies and methods of computations as the audited financial statements for the year ended September 30, 2014.

These consolidated financial statements include the accounts of the Company and all its wholly-owned subsidiaries which require consolidation. Inter-company transactions have been eliminated in consolidation.

Certain amounts in the prior year’s consolidated financial statements and notes have been revised to conform to the current year presentation.

Subsequent Events

In preparing the consolidated financial statements, we evaluated the period from the balance sheet date through the date the financial statements were issued for material subsequent events requiring recognition or disclosure. No such events were identified for this period.

5V, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

Note 2-	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

	Use of Estimates

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

	Cash and Cash Equivalents

	In accordance with FASB ASC Topic 230-10-50-6, “Statement of Cash Flows”, the Company considers all highly liquid debt instruments with a maturity of three months or less when purchased to be cash equivalents.

	Property, plant and equipment

	Property, plant and equipment, are stated at cost less depreciation and amortization and accumulated impairment loss. Cost represents the purchase price of the asset and other costs incurred to bring the asset into its existing use. Maintenance, repairs and betterments, including replacement of minor items, are charged to expense; major additions to physical properties are capitalized.

	Depreciation of property, plant and equipment is calculated based on cost, less their estimated residual value, if any, using the straight-line method over their estimated useful lives.

	Upon sale or retirement of property, plant and equipment, the related cost and accumulated depreciation are removed from the accounts and any gain or loss is reflected in operation.

	The estimated useful lives of the assets are as follows:

	Office equipment and furniture 3-5 years

~~Use of Estimates~~F-8

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

Cash and Cash Equivalents

In accordance with FASB ASC Topic 230-10-50-6, “Statement of Cash Flows”, the Company considers all highly liquid debt instruments with a maturity of three months or less when purchased to be cash equivalents.

Property, plant and equipment

Property, plant and equipment, are stated at cost less depreciation and amortization and accumulated impairment loss. Cost represents the purchase price of the asset and other costs incurred to bring the asset into its existing use. Maintenance, repairs and betterments, including replacement of minor items, are charged to expense; major additions to physical properties are capitalized.

Depreciation of property, plant and equipment is calculated based on cost, less their estimated residual value, if any, using the straight-line method over their estimated useful lives.

Upon sale or retirement of property, plant and equipment, the related cost and accumulated depreciation are removed from the accounts and any gain or loss is reflect in operation.

The estimated useful lives of the assets are as follows:

Office equipment and furniture 3-5 years

5V, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

Note 2-	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

	Impairment of Long-life Assets

	Long-lived assets and certain identifiable intangibles are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future net cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell.

	Revenue Recognition

	The Company recognizes revenue when the earnings process is complete, both significant risks and rewards of ownership are transferred or services have been rendered and accepted, the selling price is fixed or determinable, and collectability is reasonably assured.

	The Company did not generate any revenues since inception.

~~Impairment of Long~~F-~~life Assets~~9

Long-lived assets and certain identifiable intangibles are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future net cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell.

Revenue Recognition

The Company recognizes revenue when the earnings process is complete, both significant risks and rewards of ownership are transferred or services have been rendered and accepted, the selling price is fixed or determinable, and collectability is reasonably assured.

Advertising Costs

The Company expenses advertising costs as incurred or the first time the advertising takes place, whichever is earlier, in accordance with the FASB ASC 720-35. Advertising costs were immaterial for the nine months ended June 30, 2015 and 2014, respectively.

Research and Development Costs

The Company charges research and development costs to expense when incurred in accordance with the FASB ASC 730, “Research and Development”. Research and development costs were immaterial for the nine months ended June 30, 2015 and 2014, respectively.

5V, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

Note 2-	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

	Income Taxes

	The Company accounts for income taxes in accordance with FASB ASC Topic 740 which requires that deferred tax assets and liabilities be recognized for future tax consequences attributable to differences between financial statement carrying amounts of existing assets and liabilities and their respective tax bases. In Addition, FASB ASC 740 requires recognition of future tax benefits, such as carry forwards, to the extent that realization of such benefits is more likely than not and that a valuation allowance be provided when it is more likely than not that some portion of the deferred tax asset will not be realized.

	The Company has accumulated deficiency in its operation. Because there is no certainty that we will realize taxable income in the future, we did no record any deferred tax benefit as a result of these losses.

	The Company accounts for income taxes in interim periods in accordance with FASB ASC 740-270, "Interim Reporting". The Company has determined an estimated annual effect tax rate. The rate will be revised, if necessary, as of the end of each successive interim period during the Company’s fiscal year to its best current estimate. The estimated annual effective tax rate is applied to the year-to-date ordinary income (or loss) at the end of the interim period.

	Fair Value of Measurements

	The Company adopted the guidance of FASB ASC 820 for fair value measurements which clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows:

Income Taxes

	Level 1:	Inputs are unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date.

	Level 2:	Inputs are unadjusted quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other then quoted prices that are observable, and inputs derived from or corroborated by observable market data.

	Level 3:	Inputs are unobservable Inputs which reflect the reporting entity’s own assumptions on what assumptions the market participants would use in pricing the asset or liability based on the best available information.

	The carrying amounts reported in the balance sheets for cash and accrued expenses approximate their fair market value based on the short-term maturity of these instruments. The Company did not identify any assets or liabilities that are required to be presented on the balance sheets at fair value in accordance with the accounting guidance.

The Company accounts for income taxes in accordance with FASB ASC Topic 740 which requires that deferred tax assets and liabilities be recognized for future tax consequences attributable to differences between financial statement carrying amounts of existing assets and liabilities and their respective tax bases. In Addition, FASB ASC 740 requires recognition of future tax benefits, such as carry forwards, to the extent that realization of such benefits is more likely than not and that a valuation allowance be provided when it is more likely than not that some portion of the deferred tax asset will not be realized.F-10

The Company has accumulated deficiency in its operation. Because there is no certainty that we will realize taxable income in the future, we did no record any deferred tax benefit as a result of these losses.

The Company accounts for income taxes in interim periods in accordance with FASB ASC 740-270, “Interim Reporting”. The Company has determined an estimated annual effect tax rate. The rate will be revised, if necessary, as of the end of each successive interim period during the Company’s fiscal year to its best current estimate. The estimated annual effective tax rate is applied to the year-to-date ordinary income (or loss) at the end of the interim period.

Fair Value of Measurements

The Company adopted the guidance of FASB ASC 820 for fair value measurements which clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows:

	Level 1:		Inputs are unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date.
	Level 2:		Inputs are unadjusted quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other then quoted prices that are observable, and inputs derived from or corroborated by observable market data.
	Level 3:		Inputs are unobservable Inputs which reflect the reporting entity’s own assumptions on what assumptions the market participants would use in pricing the asset or liability based on the best available information.

The carrying amounts reported in the balance sheets for cash and accrued expenses approximate their fair market value based on the short-term maturity of these instruments. The Company did not identify any assets or liabilities that are required to be presented on the balance sheets at fair value in accordance with the accounting guidance.

5V, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

Note 2-	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

	Basic and Diluted Loss per Share

	The Company reports loss per share in accordance with FASB ASC 260 “Earnings per share”. The Company’s basic earnings per share are computed using the weighted average number of shares outstanding for the periods presented. Diluted earnings per share are computed based on the assumption that any dilutive options or warrants were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, the Company’s outstanding stock warrants are assumed to be exercised, and funds thus obtained were assumed to be used to purchase common stock at the average market price during the period. There were no dilutive instruments outstanding during the three months ended December 31, 2015 and 2014 However, if present, a separate computation of diluted loss per share would not have been presented, as these common stock equivalents would have been anti-dilutive due to the Company's net loss.

	Comprehensive Income

	FASB ASC 220, “Comprehensive Income", establishes standards for reporting and display of comprehensive income, its components and accumulated balances. Comprehensive income as defined includes all changes in equity during a period from non-owner sources.

	Segment Reporting

	FASB ASC 820 “Segments Reporting” establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organization structure as well as information about geographical areas, business segments and major customers in financial statements. The Company currently operates in one principal business segment.

	Related Parties

	Parties are considered to be related to the Company if the parties, directly or indirectly, through one or more intermediaries, control, are controlled by, or are under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. The Company discloses all related party transactions. All transactions shall be recorded at fair value of the goods or services exchanged. Property purchased from a related party is recorded at the cost to the related party and any payment to or on behalf of the related party in excess of the cost is reflected as a distribution to related party.

~~Basic and Diluted Loss per Share~~F-11

The Company reports loss per share in accordance with FASB ASC 260 “Earnings per share”. The Company’s basic earnings per share are computed using the weighted average number of shares outstanding for the periods presented. Diluted earnings per share are computed based on the assumption that any dilutive options or warrants were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, the Company’s outstanding stock warrants are assumed to be exercised, and funds thus obtained were assumed to be used to purchase common stock at the average market price during the period. There were no dilutive instruments outstanding during the nine months ended June 30, 2015 and 2014.

Comprehensive Income

FASB ASC 220, “Comprehensive Income”, establishes standards for reporting and display of comprehensive income, its components and accumulated balances. Comprehensive income as defined includes all changes in equity during a period from non-owner sources.

Segment Reporting

FASB ASC 820 “Segments Reporting” establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organization structure as well as information about geographical areas, business segments and major customers in financial statements. The Company currently operates in one principal business segment.

Related Parties

Parties are considered to be related to the Company if the parties, directly or indirectly, through one or more intermediaries, control, are controlled by, or are under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. The Company discloses all related party transactions. All transactions shall be recorded at fair value of the goods or services exchanged. Property purchased from a related party is recorded at the cost to the related party and any payment to or on behalf of the related party in excess of the cost is reflected as a distribution to related party.

5V, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) Recent Accounting Pronouncements

~~Adoption~~ In July 2015, the FASB issued ASU No. 2015-11, Simplifying the Measurement of Inventory, which modifies existing requirements regarding measuring inventory at the lower of cost or market. Under existing standards, the market amount requires consideration of replacement cost, net realizable value (NRV), and NRV less an approximately normal profit margin. The new ASU replaces market with NRV, defined as estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. This eliminates the need to determine and consider replacement cost or NRV less an approximately normal profit margin when measuring inventory. The amendments are effective for the annual period ending after December 15, 2016, and for annual and interim periods thereafter. Early application is permitted. The Company is currently assessing this ASU’s impacts on the Company’s consolidated results of operations and financial condition. In February 2015, FASB issued ASU No. ~~2014~~2015-1002, Consolidation (Topic 810): Amendments to the Consolidation Analysis. The new consolidation standard changes the way reporting enterprises evaluate whether (a) they should consolidate limited partnerships and similar entities, (b) fees paid to a decision maker or service provider are variable interests in a VIE, and (c) variable interests in a VIE held by related parties of the reporting enterprise require the reporting enterprise to consolidate the VIE. The guidance is effective for public business entities for annual and interim periods in fiscal years beginning after December 15, 2015. Early adoption is allowed, including early adoption in an interim period. A reporting entity may apply a modified retrospective approach by recording a cumulative-effect adjustment to equity as of the beginning of the fiscal year of adoption or may apply the amendments retrospectively. The Company is currently assessing the impact of the adoption of this guidance on the consolidated financial statements. In September 2015, the FASB issued ASU No. 2015-16, Simplifying the Accounting for Measurement-Period Adjustments, that eliminates the requirement for an acquirer in a business combination to account for measurement-period adjustments retrospectively. Under existing standards, an acquirer in a business combination reports provisional amounts with respect to acquired assets and liabilities when their measurements are incomplete as of the end of the reporting period. Prior to the impact of this ASU, an acquirer is required to adjust provisional amounts (and the related impact on earnings) by restating prior period financial statements during the measurement period which cannot exceed one year from the date of acquisition. The new guidance requires that the cumulative impact of a measurement-period adjustment (including the impact on prior periods) be recognized in the reporting period in which the adjustment is identified—eliminating the requirement to restate prior period financial statements. The new standard requires disclosure of the nature and amount of measurement-period adjustments as well as information with respect to the portion of the adjustments recorded in current-period earnings that would have been recorded in previous reporting periods if the adjustments to provisional amounts had been recognized as of the acquisition date. The ASU is applied prospectively to measurement-period adjustments that occur after the effective date. This standard is required prospectively beginning January 1, 2016, with early adoption permitted. The Company is currently assessing the impact of the adoption of this guidance on the consolidated financial statements. In November 2015, the FASB issued ASU No. 2015-17, Balance Sheet Classification of Deferred Taxes, which requires entities to present deferred tax assets (DTAs) and deferred tax liabilities (DTLs), along with any related valuation allowance, as noncurrent in a balance sheet. This ASU eliminates current guidance requiring deferred taxes for each jurisdiction to be presented as a net current asset or liability and a net noncurrent asset or liability. As a result, each jurisdiction would have one net noncurrent DTA or DTL balance. The ASU does not change the existing requirement that only permits offsetting DTAs and DTLs within a particular jurisdiction. This standard is effective January 1, 2017. The Company is currently assessing the impact of the adoption of this guidance on the consolidated financial statements.

~~In June 2014, the FASB issued ASU No. 2014~~F-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation. The amendments in this Update remove the definition of a development stage entity from the Master Glossary of the Accounting Standards Codification, thereby removing the financial reporting distinction between development stage entities and other reporting entities from U.S. GAAP. For public business entities, those amendments are effective for annual reporting periods beginning after December 15, 2014, and interim periods therein. Early application of each of the amendments is permitted for any annual reporting period or interim period for which the entity’s financial statements have not yet been issued (public business entities) or made available for issuance (other entities). Upon adoption, entities will no longer present or disclose any information required by Topic 915.12

Recent Accounting Pronouncements

In April 2015, the Financial Accounting Standards Board (FASB) issued guidance which requires debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The guidance is effective January 1, 2016 with early adoption permitted. The guidance is a change in financial statement presentation only and will not have a material impact in the consolidated financial results.

In May 2014, the Financial Accounting Standards Board (FASB) issued a new standard for revenue recognition, Accounting Standards Codification 606 (ASC 606). The purpose of ASC 606 is to provide a single, comprehensive revenue recognition model for all contracts with customers to improve comparability across industries. ASC 606 is effective for the Company for annual periods beginning January 1, 2017. The Company is currently evaluating the impact the adoption of this new standard will have on its financial position, results of operations, and cash flows.

In April 2014, the Financial Accounting Standards Board (FASB) issued guidance that changes the criteria for reporting a discontinued operation. According to the new guidance, only disposals of a component that represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results is a discontinued operation. The new guidance also requires expanded disclosures about discontinued operations and disposals of a significant part of an entity that does not qualify for discontinued operations reporting. The guidance is effective beginning January 1, 2015 with early adoption permitted, but only for disposals (or classifications as held for sale) that have not been reported in previously-issued financial statements. The Company does not expect the adoption of the new provisions to have a material impact on our financial condition or results of operations.

The Company believes that there were no other accounting standards recently issued that had or are expected to have a material impact on our financial position or results of operations.

5V, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 3 2- ~~GOING~~SUMMARY ~~CONCERN~~OF SIGNIFICANT ACCOUNTING POLICIES (continued) Recent Accounting Pronouncements (continued)

~~The consolidated~~In ~~financial~~January ~~statements~~2016, ~~were~~the ~~prepared~~FASB inissued ~~conformity~~ASU ~~with U~~No.S. ~~GAAP~~2016-01, ~~which~~Recognition ~~contemplates~~and ~~continuation~~Measurement of Financial Assets and Financial Liabilities, which revises the ~~Company~~accounting ~~as a~~related ~~going~~to ~~concern~~(1) the classification and ~~depends~~measurement ~~upon~~of investments in equity securities and (2) the ~~Company’s~~presentation ~~ability~~of tocertain ~~establish~~fair ~~itself~~value aschanges afor ~~profitable~~financial ~~business~~liabilities measured at fair value. AsThe ofASU ~~June~~also ~~30,~~amends ~~2015,~~ certain disclosure requirements associated with the ~~Company~~fair ~~has~~value anof ~~accumulated~~financial ~~deficit~~instruments. The new guidance requires the fair value measurement of ~~$178~~investments in equity securities and other ownership interests in an entity,~~860,~~ including aninvestments ~~operating~~in ~~loss~~partnerships, ofunincorporated ~~$30~~joint ventures and limited liability companies (collectively,~~082~~ “equity securities”) that do not result in consolidation and are not accounted for under the ~~nine~~equity ~~months~~method. ~~ended~~Entities ~~June~~will ~~30, 2015,~~need to measure these investments and ~~$46,934~~recognize changes in fair value in net income. Entities will no longer be able to recognize unrealized holding gains and losses on equity securities they classify under current guidance as available for ~~the~~sale ~~year~~in ~~ended~~other ~~September~~comprehensive ~~30,~~income ~~2014~~(OCI). AsThey ofalso ~~June~~will ~~30,~~no ~~2015,~~longer be able to use the ~~Company~~cost ~~has~~method aof ~~shareholders’~~accounting ~~deficit~~for equity securities that do not have readily determinable fair values. Instead, for these types of ~~$179~~equity investments that do not otherwise qualify for the net asset value practical expedient,~~613, and~~ entities will be permitted to elect a ~~working~~practicability ~~capital~~exception ~~deficit~~and ofmeasure ~~$179,613~~the investment at cost less impairment plus or minus observable price changes (in orderly transactions). ~~Due~~The ASU also establishes an incremental recognition and disclosure requirement related to the ~~start-up~~presentation ~~nature~~of fair value changes of financial liabilities for which the ~~Company~~fair value option (FVO) has been elected. Under this guidance, ~~the~~an ~~Company~~entity ~~expects~~would be required to ~~incur~~separately ~~additional losses~~present in OCI the ~~immediate~~portion ~~future.~~of ~~The~~the ~~Company’s~~total ~~ability~~fair value change attributable to ~~continue~~instrument-specific ascredit arisk ~~going~~as ~~concern~~opposed isto ~~dependent~~reflecting ~~upon~~the ~~its~~entire ~~ability~~amount toin ~~generate future~~earnings. ~~profitable~~For ~~operations~~derivative ~~and/or~~liabilities ~~obtain~~for which the ~~necessary~~FVO ~~financing~~has been elected, however, any changes in fair value attributable to ~~meet~~instrument-specific ~~its~~credit ~~obligations~~risk ~~and~~would ~~repay~~continue ~~its~~to ~~liabilities~~be ~~arising~~presented ~~from normal~~in ~~business~~net ~~operations~~income, ~~when~~which ~~they~~is ~~become~~consistent ~~due~~with current guidance. The ~~consolidated~~standard ~~financial~~is ~~statements~~effective dobeginning ~~not~~January ~~include~~1, ~~any~~2018 ~~adjustments~~via ~~that~~a ~~might be~~cumulative-effect ~~necessary~~adjustment ifto ~~the~~beginning ~~Company~~retained isearnings, ~~unable~~except for guidance relative to ~~continue~~equity assecurities awithout ~~going~~readily ~~concern~~determinable fair values which is applied prospectively. ToThe ~~date,~~Company is currently assessing the impact of the adoption of this guidance on the consolidated financial statements. The Company’s ~~cash~~believes ~~flow~~that ~~requirements~~there were no other accounting standards recently issued that had or are expected to have ~~been~~ ~~primarily~~a ~~met~~material ~~through~~impact ~~advances~~on ~~from~~our ~~shareholders~~financial position or results of operations.

~~The Company~~Note is3- ~~planning~~GOING on obtaining financing either through issuance of equity or debt. To the extent that funds generated from any private placements, public offerings and/or bank financing are insufficient, the Company will have to raise additional working capital through other channels.CONCERN

~~Note~~The accompanying financial statements were prepared in conformity with U.S. GAAP, which contemplates continuation of the Company as a going concern and depends upon the Company’s ability to establish itself as a profitable business. The Company has an accumulated loss since inception of $206,675, including net operating loss of $4,018 and $18,742 for the three months ended December 31, 2015 and 2014, respectively. As of December 31, 2015, the Company has a shareholders' deficit of $205,925, and a working capital deficit of $205,925, which is not sufficient to finance its business for the next twelve months. Due to the start-up ~~ACCOUNTS~~nature ~~PAYABLE~~of ~~AND~~the ~~ACCRUED~~Company, ~~EXPENSES~~the Company expects to incur additional losses in the immediate future. The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they become due. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. To date, the Company’s cash flow requirements have been primarily met through advances from shareholders. The Company is planning on obtaining financing either through issuance of equity or debt. To the extent that funds generated from any private placements, public offerings and/or bank financing are insufficient, the Company will have to raise additional working capital through other channels.

Accounts payable and accrued expenses consist of the following:

Note 4-	COMMON STOCK AND PREFERRED STOCK

	The Company has authority to issue 410,000,000 shares of capital stock. These shares are divided into two classes with 400,000,000 shares designated as common stock at $0.0001 par value and 10,000,000 shares designated as preferred stock at $0.0001 par value. As of December 31, 2015, the Company has no preferred stocks issued and outstanding, and has issued and outstanding of 100,000,000 shares of common stock at par value of $0.0001 per share.

	Upon formation of the Company, 7,500,000 shares of common stock were issued to two founders for $750.

	On October 30, 2013, the Company issued 92,500,000 shares of common stocks to acquire 100% of 5-V Holding Limited and its subsidiaries.

	June 30,		September 30,
	2015		2014
	(unaudited)
Accrued professional fees	$	1,500	$	2,000
Accrued office expenses		500		660
Total accounts payable and accrued expenses	$	2,000	$	2,660

F-13

5V, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 5 - ADVANCE FROM A RELATED PARTY

Note 5-	ADVANCE FROM A RELATED PARTY

	One of the Company’s stockholders advanced funds to the Company to cover legal, audit, and filing fees, general office administration and other expenses. The advances are unsecured, no interest bearing, and payable upon demand. On August 24, 2012, Jun Jiang and Xiong Wu (the “Purchasers”) purchased all of the issued and outstanding shares of common stocks of the Company from the then existing shareholders (the “Sellers”). Concurrently with the transaction, the Sellers agreed to transfer to the Purchasers all of their claims on advances to the Company.

	Advance from a related party consist of the following:

One of the Company’s stockholders advanced funds to the Company to cover legal, audit, and filing fees, general office administration and other expenses. The advances are unsecured, no interest bearing, and payable upon demand.

	December 31,		September 30,
	2015		2015

Jiang, Jun, CEO of the Company	$	195,730	$	189,381
Total accounts payable and accrued expenses	$	195,730	$	189,381

~~Advance from~~Note 6- OFFICE RENTAL EXPENSE From time to time, our officers and directors provide office space to us for free. However, we have not reached a ~~related~~formal ~~party~~lease ~~consist~~agreement with any officer as of the ~~following:~~date of this filing. The office rental expenses were $0 and $0 for the three months ended December 31, 2015 and 2014, respectively.

	June 30,		September 30,
	2015		2014
	(unaudited)
Jiang, Jun, CEO of the Company	$	181,588	$	148,845
Total Advance from A Related Party	$	181,588	$	148,845

Note 7-	INCOME TAX

	The Company has operating losses that may be applied against future taxable income. The potential tax benefits arising from these losses carry forwards, which expire beginning the year 2030, are offset by a valuation allowance due to the uncertainty of profitable operations in the future. The cumulative net operating loss carry forward as of December 31, 2015 and 2014 was $206,675 and $202,656, respectively. The statutory tax rate for fiscal years 2015 and 2014 is 35%. The significant components of the deferred tax assets as follows:

Note 6 - OFFICE RENTAL EXPENSE

	December 31,			September 30,
	2015			2015

Losses carry forwards	$	72,336		$	70,930
Less-Valuation allowance		(72,336	)		(70,930	)
Total net deferred tax assets	$	-		$	-

From time to time, our officers and directors provide office space to us for free. However, we have not reached a formal lease agreement with any officer as of the date of this filing. The office rental expense were $0 and $0 for the nine months ended June 30, 2015 and 2014, respectively.F-14

Note 7 - INCOME TAX

The Company has operating losses that may be applied against future taxable income. The potential tax benefits arising from these loss carry forwards, which expire beginning the year 2030, are offset by a valuation allowance due to the uncertainty of profitable operations in the future. The cumulative net operating loss carry forward as of June 30, 2015 and September 30, 2014 was $178,860 and $148,778, respectively. The estimated statutory tax rate for fiscal years 2015 is 35%. The statutory tax rate for fiscal years 2014 is 35%. The significant components of the deferred tax assets as of June 30, 2015 and September 30, 2014 are as follows:

	June 30,			September 30,
	2015			2013
	(unaudited)
Losses carry forwards	$	62,601		$	52,072
Less-Valuation allowance		(62,601	)		(52,072	)
Total net deferred tax assets	$	-		$	-

5V, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 8 - STOCKHOLDERS’ EQUITY

Note 8-	COMMITMENTS AND CONTINGENCIES

	Control by principal stockholder/officer

	The chief executive officer beneficially owns and in the aggregate, the majority of the voting power of the Company. Accordingly, the chief executive officer has the ability to control the approval of most corporate actions, including approving significant expenses, increasing the authorized capital stock and the dissolution, merger or sale of the Company's assets.

	Economic and Political Risks

	The Company faces a number of risks and challenges not typically associated with companies in North America and Western Europe, since its assets exist solely in the PRC, and its revenues are derived from its operations therein. The PRC is a developing country with an early stage market economic system, overshadowed by the state. Its political and economic systems are very different from the more developed countries and are in a state of change. The PRC also faces many social, economic and political challenges that may produce major shocks and instabilities and even crises, in both its domestic arena and in its relationships with other countries, including the United States. Such shocks, instabilities and crises may in turn significantly and negatively affect the Company's performance.

~~Common Stocks and Preferred Stocks of 5V, Inc.~~F-15

~~The~~Item ~~Articles of Incorporation authorizes 5V, Inc~~2. Management’s toDiscussion ~~issue 410,000,000 shares of capital stock. These shares are divided into two classes with four hundred million (400,000,000) shares designated as common stock at $0.0001 par value~~ and ~~ten~~Analysis ~~million (10,000,000) shares designated as preferred stock at $0.0001 par value. Upon formation~~ of ~~5V,~~Financial ~~Inc.,~~Condition ~~7,500,000 shares of common stock were issued to two funders for $750. On October 30, 2013, 5V, Inc. issued 92,500,000 shares of common stocks to acquire 100% of 5-V Holding Limited~~ and ~~its~~Results ~~subsidiaries. As~~ of ~~June 30, 2015, the Company has no preferred stocks issued and outstanding, and has issued and outstanding of 100,000,000 shares of common stock at par value of $0~~Operation.~~0001 per share.~~

~~Issuance~~Since immediately after the share exchange transaction with 5V BVI on October 30, 2013, we have been planning to engage in the research, sale and after-market service of 50herb diet nutritional supplement and skin-care products in China. There can be no assurance that we will be able to successfully implement our business plan to develop the herb diet nutritional supplement and skin-care product in China as discussed above,~~000~~ ~~shares~~and we may also continue to serve as a vehicle to effectuate an asset acquisition, merger, exchange of ~~common~~capital stock or other business combination with a domestic or foreign business in the herb nutrition business or other businesses. We have made no efforts to identify such a possible business combination. As a result, the ~~founders~~Company has not conducted negotiations or entered into a letter of 5intent concerning any target business as discussed above. The Company’s principal business objective for the next 12 months and beyond such time will be to achieve long-Vterm ~~Holding~~growth ~~Limited~~potential through a combination with a business rather than immediate, short-term earnings. The Company will not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, may acquire any type of business. There is no assurance that we will be able to identify and acquire any business entity. Even if we successfully acquire a business entity, there is no assurance that we can generate revenue and become profitable.

The ~~Articles~~Company ofcurrently ~~Incorporation~~does ~~authorized~~not ~~5-V~~engage ~~Holding~~in ~~Limited~~any tobusiness ~~issue~~activities ~~50,000~~that ~~shares~~provide ofcash ~~common stock with a par value of $1~~flow.00 ~~per share.~~During ~~Upon formation of~~ the ~~5-V~~next ~~Holding~~twelve ~~Limited~~months, ~~50,000~~we ~~shares~~may ~~of common stock were issued for $50,000, which has not been received~~incur atcosts ~~the~~related ~~date of issuance of this report.~~to:

~~Issuance~~(i) offiling ~~10,000~~Exchange ~~shares~~Act ~~of common stock to the founders of 5V Group Limited~~reports,

~~The Articles of Incorporation authorized 5V Group Limited to issue 10,000 shares of common stock with a par value of HKD$1.00~~ (~~$0.1287~~ii) ~~per~~WFOE’S ~~share.~~compliance ~~Upon~~with ~~formation~~Chinese oflaws ~~the~~and ~~5V Group Limited~~regulations, ~~10,000 shares of common stock were issued for HKD$10,000 ($1,287.00), which has not been received at the date of issuance of this report.~~

~~Capital~~(iii) ~~contribution~~research, sale and after-market service of ~~Shanghai~~herb ~~BNC~~diet nutritional supplement and skin-care products in China, and

In(iv) ~~accordance with the Bylaws of Shanghai BNC~~investigating, ~~the~~analyzing ~~registered~~and ~~capital~~consummating atan ~~the date of incorporation on March 12~~acquisition, ~~2013~~whether ~~was~~or ~~$100,000. The~~not ~~Bylaws of Shanghai BNC also stipulates that~~ the ~~total~~acquired ~~capital~~entity ~~contribution~~ is ~~$140,000.~~in ~~Pursuit~~a tobusiness ~~the~~related ~~recent amendment~~ to ~~the~~ ~~PRC Company Law, the registered capital or the stipulated capital contribution is no longer required to be fully contributed~~herb ~~by the owners or the shareholders~~nutrition.

OnWe ~~May~~have ~~29,~~not ~~2013,~~decided 5Vas ~~Group~~to ~~Limited,~~whether ~~the~~we ~~sole~~will ~~shareholder,~~spend ~~contributed~~any ~~$30,465,~~funds oron ~~30.47%~~organically ofdeveloping the ~~registered~~herb ~~capital~~nutrition ~~toward~~business ~~the~~and ~~registered~~skin-care product ~~capital~~business asin ~~then~~China, ~~required~~or byidentifying ~~the~~and ~~PRC~~commencing ~~Company~~an ~~Law.~~acquisition ~~Since~~in ~~5V Group Limited did not has~~ the ~~fund,~~herb 5Vnutrition ~~Group~~area ~~Limited~~or ~~borrowed~~other ~~the $30,465 from Jiang, Jun, CEO of the Company~~areas.

17We believe we will be able to pay our expenses through deferrals of fees by certain service providers and through funds, as necessary, to be loaned to or invested in us by our stockholders, management or other investors. As of the date of the period covered by this report, the Company has no assets. There are no assurances that the Company will be able to secure any additional funding as needed. Currently, however, our ability to continue as a going concern is dependent upon our ability to generate future profitable operations and/or to obtain the necessary financing to meet our obligations and repay our liabilities arising from normal business operations when they come due. Our ability to continue as a going concern is also dependent on our ability to find a suitable target company and enter into a possible reverse merger with such company. Management’s plan includes obtaining additional funds by equity financing and/or related party advances, however there is no assurance of additional funding will be available.

5VThe Company may consider acquiring a business which is either a company that has recently commenced its operations and is seeking to develop a new product or service, or is an established business which may be experiencing financial or operating difficulties ~~INC~~and is in need of additional capital or is seeking to expand into new markets. ~~AND~~Alternatively, ~~SUBSIDIARIES~~a business combination may involve the acquisition of, or merger with, a company which does not need substantial additional capital but desires to establish a public trading market for its shares while avoiding, among other things, the time delays, significant expense, and loss of voting control which may occur in an initial public offering.

~~NOTES TO CONSOLIDATED FINANCIAL STATEMENTS~~2

~~Note~~Any target 9business that is selected may be a financially unstable company or an entity in its early stages of development or growth, including entities without established records of sales or earnings. In that event, we will be subject to numerous risks inherent in the business and operations of financially unstable and early stage or potential emerging growth companies. In addition, we may effectuate a business combination with an entity in an industry characterized by a high level of risk, and, although our management will endeavor to evaluate the risks inherent in a particular target business, there can be no assurance that we will properly ascertain or assess all significant risks. Our management anticipates that it will likely be able to effectuate only one business combination, primarily due to our limited financing and the dilution of interest for present and prospective stockholders, which is likely to occur as a result of our management’s plan to offer a controlling interest to a target business in order to achieve a tax-free ~~COMMITMENTS~~reorganization. ~~AND~~This ~~CONTINGENCIES~~lack of diversification should be considered a substantial risk in investing in us, because it will not permit us to offset potential losses from one venture against gains from another.

~~Control~~The byCompany ~~principal~~anticipates ~~stockholder/officer~~that the selection of a business combination will be complex and extremely risky. Through information obtained from industry publications and professionals, our management believes that there are numerous firms seeking the perceived benefits of becoming a publicly traded corporation. Such perceived benefits of becoming a publicly traded corporation include, among other things, facilitating or improving the terms on which additional equity financing may be obtained, providing liquidity for the principals of and investors in a business, creating a means for providing incentive stock options or similar benefits to key employees, and offering greater flexibility in structuring acquisitions, joint ventures and the like through the issuance of stock. Potentially available business combinations may occur in many different industries and at various stages of development, all of which will make the task of comparative investigation and analysis of such business opportunities extremely difficult and complex. We do not currently intend to retain any entity to act as a “finder” to identify and analyze the merits of potential target businesses.

~~The~~Liquidity ~~chief executive officer owns beneficially~~ and inCapital the aggregate, the majority of the voting power of the Company. Accordingly, the chief executive officer has the ability to control the approval of most corporate actions, including approving significant expenses, increasing the authorized capital stock and the dissolution, merger or sale of the Company’s assets.Resources

~~Economic~~As of December 31, 2015, the Company had cash of $1,935, as compared to $1,975 as of September 30, 2015. The Company’s liabilities as of December 31, 2015 were $208,860, comprised of $13,310 in accounts payable and ~~Political~~$195,730 ~~Risks~~in short-term advances from a related party, compared to total liabilities of $205,381, comprised of $16,000 in accounts payable and $189,381 in short-term advances from a related party, as of September 30, 2015. The Company can provide no assurance that it can continue to satisfy its cash requirements for at least the next twelve months.

The ~~Company~~following ~~faces~~is a ~~number~~summary of ~~risks and challenges not typically associated with companies in North America and Western Europe, since its assets exist solely in~~ the ~~PRC,~~Company's ~~and~~cash ~~its~~flows ~~revenues~~provided ~~are derived from its operations therein. The PRC is a developing country with an early stage market economic system, overshadowed~~ by ~~the~~(used ~~state. Its political and economic systems are very different from the more developed countries and are~~ in) ~~a state of change. The PRC also faces many social~~operating, ~~economic and political challenges that may produce major shocks and instabilities and even crises~~investing, ~~in both its domestic arena~~ and infinancing ~~its~~activities ~~relationships~~for ~~with other countries,~~the ~~including~~three ~~the~~months ~~United~~ended ~~States.~~December ~~Such shocks~~31, ~~instabilities~~2015 and ~~crises may in turn significantly and negatively affect the Company’s performance~~2014.

	Three Months Ended December 31, 2015			Three Months Ended December 31, 2014
Net Cash (Used in) Operating Activities	$	(6,388	)	$	(13,333	)
Net Cash (Used in) Investing Activities		-			-
Net Cash Provided by Financing Activities		6,348			13,333
Net Increase (Decrease) in Cash and Cash Equivalents	$	(40	)	$	-

~~Item~~The Company 2has nominal assets and has generated no revenues since inception. ~~Management’s~~The ~~Discussion~~Company is also dependent upon the receipt of capital investment or other financing to fund its ongoing operations and ~~Analysis~~to execute its business plan of ~~Financial~~seeking ~~Condition~~a combination with a private operating company. In addition, the Company is dependent upon certain related parties to provide continued funding and capital ~~Results~~resources. If continued funding and capital resources are unavailable at reasonable terms, the Company may not be able to implement its plan of ~~Operation~~operations.

~~After the share~~Results ~~exchange transaction with 5V BVI on October 30, 2013, we may engage in the research, sale and after-market service~~ of herb diet nutritional supplement and skin-care products in China. There can be no assurance that we will be able to successfully implement our business plan to develop the herb diet nutritional supplement and skin-care product in China as discussed above, and we may, in addition to that business, continue to serve as a vehicle to effect an asset acquisition, merger, exchange of capital stock or other business combination with a domestic or foreign business in the herb nutrition business or other businesses. We have made no efforts to identify such a possible business combination. As a result, the Company has not conducted negotiations or entered into a letter of intent concerning any target business as discussed above. The Company’s principal business objective for the next 12 months and beyond such time will be to achieve long-term growth potential through a combination with a business rather than immediate, short-term earnings. The Company will not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, may acquire any type of business. There is no assurance that we will be able to identify and acquire any business entity, and even if we successfully acquire a business entity, there is no assurance that we can generate revenue and become profitable.Operations

The Company ~~currently does~~has not ~~engage~~conducted inany active operations since inception, except for its efforts to locate suitable acquisition candidates. No revenue has been generated by the Company from February 19, 2010 (Inception) to December 31, 2015. It is unlikely the Company will have any ~~business~~revenues ~~activities~~unless it is able to effectuate an acquisition or merger with an operating company, of which there can be no assurance. It is management's assertion that ~~provide~~these ~~cash~~circumstances ~~flow~~may hinder the Company's ability to continue as a going concern. ~~During~~The Company’s plan of operation for the next twelve months, weshall ~~may~~be ~~incur~~to ~~costs~~continue ~~related~~its efforts to: locate suitable acquisition candidates.

~~(i) filing Exchange Act reports,~~3

~~(ii)~~For the ~~WFOE’S~~three months ended December 31, 2015 and 2014, the Company had general and administrative expenses of $4,018 and $18,742 ~~compliance~~comprised of legal, filing, accounting, audit, and other professional service fees incurred in relation to the filing of the Company’s annual and quarterly reports in connection with ~~Chinese~~its ~~laws~~reporting obligations and ~~regulations~~therefore generated a net loss of $4,018 and $18,742, respectively. The lower expenses during the three months ended December 31, 2015 resulted from cost cutting efforts by the Company.

~~(iii) research,~~Off-Balance ~~sale~~Sheet ~~and after-market service of herb diet nutritional supplement and skin-care products in China, and~~Arrangements

~~(iv) investigating,~~The ~~analyzing~~Company ~~and~~does ~~consummating~~not anhave ~~acquisition,~~any ~~whether~~off-balance sheet arrangements that have or ~~not~~are reasonably likely to have a current or future effect on the ~~acquired~~Company’s ~~entity~~financial iscondition, changes in afinancial ~~business~~condition, ~~related~~revenues toor ~~herb~~expenses, ~~nutrition~~results of operations, liquidity, capital expenditures or capital resources that is material to investors.

~~We did not decide~~Item ~~whether~~3. Quantitative ~~we will spend any funds to develop the herb nutrition business~~ and ~~skin-care~~Qualitative ~~product~~Disclosures ~~business~~about inMarket ~~China, or to spend funds for expenses related to identifying and consuming an acquisition in the herb nutrition business or other businesses~~Risk.

~~We believe we will~~As bea ~~able~~“smaller toreporting ~~meet~~company” ~~these costs through deferral of fees by certain service providers and through funds,~~ as ~~necessary,~~defined ~~to be loaned to or invested in us~~ by ~~our~~Item ~~stockholders,~~10 ~~management or other investors. As~~ of ~~the~~Regulation ~~date of the period covered by this report~~S-K, the ~~Company~~ ~~has no assets. There are no assurances that the~~ Company ~~will be able to secure any additional funding as needed. Currently, however, our ability to continue as a going concern~~ is ~~dependent~~not ~~upon~~required ~~our ability~~ to ~~generate~~provide ~~future profitable operations and/or~~information torequired obtain the necessary financing to meet our obligations and repay our liabilities arising from normal business operations when they come due. Our ability to continue as a going concern is also dependent on our ability to find a suitable target company and enter into a possible reverse merger with such company. Management’s plan includes obtaining additional funds by ~~equity~~this ~~financing and/or related party advances, however there is no assurance of additional funding will be available~~Item.

~~The Company may~~Item consider acquiring a business which has recently commenced operations, is a developing company in need of additional funds for expansion into new products or markets, is seeking to develop a new product or service, or is an established business which may be experiencing financial or operating difficulties and is in need of additional capital4. Controls In the alternative, a business combination may involve the acquisition of, or merger with, a company which does not need substantial additional capital but which desires to establish a public trading market for its shares while avoiding, among other things, the time delays, significant expense, and ~~loss~~ ~~of voting control which may occur in a public offering~~Procedures.

19Evaluation of Disclosure Controls and Procedures

~~Any target business~~We ~~that~~maintain isdisclosure ~~selected~~controls ~~may~~and beprocedures athat ~~financially~~are ~~unstable~~designed ~~company~~to orensure anthat ~~entity~~information inrequired ~~its~~to ~~early~~be ~~stages~~disclosed ofin ~~development~~our ~~or growth, including entities~~reports ~~without~~filed ~~established~~pursuant ~~records~~to ofthe ~~sales~~Exchange orAct ~~earnings.~~is Inrecorded, ~~that event~~processed, wesummarized ~~will~~and bereported ~~subject~~within tothe ~~numerous~~time ~~risks~~periods ~~inherent~~specified in the ~~business~~SEC’s ~~and~~rules, ~~operations~~regulations ~~of financially unstable~~ and ~~early~~related ~~stage or potential emerging growth companies. In addition~~forms, ~~we may effect a business combination with an entity in an industry characterized by a high level of risk,~~ and, ~~although our management will endeavor to evaluate the risks inherent in a particular target business, there can be no assurance~~ that wesuch ~~will~~information ~~properly~~is ~~ascertain~~accumulated orand ~~assess all~~communicated ~~significant risks. Our management anticipates that it will likely be able~~ to ~~effect only one business combination, due primarily to~~ our ~~limited~~principal ~~financing~~executive officer and ~~the~~principal ~~dilution~~financial ~~of interest for present and prospective stockholders~~officer, ~~which is likely to occur~~ as a result of our management’s plan to offer a controlling interest to a target business in order to achieve a tax-free reorganization. This lack of diversification should be considered a substantial risk in investing in usappropriate, ~~because it will not permit us~~ to ~~offset potential~~allow ~~losses~~timely ~~from~~decisions ~~one~~regarding ~~venture~~required ~~against gains from another~~disclosure.

~~The Company anticipates~~As ~~that the selection~~ of aDecember ~~business~~31, ~~combination~~2015, ~~will~~we becarried ~~complex~~out ~~and~~an ~~extremely~~evaluation, ~~risky.~~under ~~Through~~the ~~information~~supervision ~~obtained from industry publications~~ and ~~professionals,~~with ~~our management believes that there are numerous firms seeking~~ the ~~perceived~~participation ~~benefits~~ of ~~becoming~~our aprincipal ~~publicly~~executive ~~traded~~officer ~~corporation.~~and ~~Such~~our ~~perceived~~principal ~~benefits~~financial officer of ~~becoming a publicly traded corporation include, among other things, facilitating or improving~~ the ~~terms~~effectiveness onof ~~which additional equity financing may be obtained, providing liquidity for~~ the ~~principals~~design of and ~~investors in~~operation aof ~~business,~~our ~~creating~~disclosure acontrols ~~means for providing incentive stock options or similar benefits to key employees,~~ and ~~offering greater~~procedures. ~~flexibility~~Based inon ~~structuring~~this ~~acquisitions~~evaluation, ~~joint~~our ~~ventures~~principal ~~and~~executive ~~the~~officer ~~like through the issuance of stock. Potentially available business combinations may occur in many different industries~~ and atour ~~various~~principal ~~stages~~financial ofofficer ~~development,~~concluded ~~all~~that ofour ~~which~~disclosure ~~will make the task of comparative~~controls ~~investigation~~ and ~~analysis~~procedures ofwere ~~such business opportunities extremely difficult and complex. We do~~ not ~~currently~~effective ~~intend to retain any entity to act~~ as aof ~~“finder”~~the toend ~~identify~~of ~~and analyze~~ the ~~merits~~period ofcovered ~~potential~~by ~~target~~this ~~businesses~~report.

~~Liquidity~~Changes in ~~and~~Internal ~~Capital Resources~~Controls

~~As of June 30, 2015, the~~There ~~Company~~were ~~had~~no ~~$1,975~~changes in ~~cash~~our ~~and~~internal ~~$2,000~~controls inover ~~prepaid~~financial ~~expenses,~~reporting asduring ~~compared~~the toquarter ~~$1,974~~ended inDecember ~~cash as of September 30~~31, ~~2014. As of June 30,~~ 2015, ~~the~~that ~~Company~~have ~~had total liabilities equal to $183,588, comprised of $2,000 in accounts payable and $181,588 in~~materially ~~advances~~affected ~~from~~or ~~related~~are ~~party.~~reasonably ~~This~~likely compares with total liabilities of $151,505, comprised of $2,660 in accounts payable and $148,845 in advances from related party, as of September 30, 2014. The Company can provide no assurance that it can continue to ~~satisfy~~materially ~~its~~affect ~~cash~~our ~~requirements~~internal ~~for at least the next twelve months~~controls.

~~The following is a summary of the Company’s cash flows provided by (used in) operating, investing, and financing activities for the nine months ended June 30, 2015 and 2014:~~4

	Nine Months Ended June 30, 2015		Nine Months Ended June 30, 2014
Net Cash Provided by (Used in) Operating Activities	$	1	$	(28,491	)
Net Cash Provided by (Used in) Investing Activities	$	-	$	-
Net Cash Provided by (Used in) Financing Activities	$	-	$	30,465
Net Increase (Decrease) in Cash and Cash Equivalents	$	1	$	1,974

PART II – OTHER INFORMATION

~~The~~Item ~~Company has no assets and has generated no revenues since inception~~1. ~~The~~Legal Company is also dependent upon the receipt of capital investment or other financing to fund its ongoing operations and to execute its business plan of seeking a combination with a private operating companyProceedings. In addition, the Company is dependent upon certain related parties to provide continued funding and capital resources. If continued funding and capital resources are unavailable at reasonable terms, the Company may not be able to implement its plan of operations.

20 There are presently no material pending legal proceedings to which the Company, any of its subsidiaries, any executive officer, any owner of record or beneficially of more than five percent of any class of voting securities is a party or as to which any of its property is subject, and no such proceedings are known to the Registrant to be threatened or contemplated against it.

~~Results~~Item of1A. ~~Operations~~Risk Factors

~~No revenue has been generated~~ As bya ~~the~~“smaller ~~Company~~reporting ~~from~~company” ~~February~~as ~~19,~~defined ~~2010~~by ~~(Inception)~~Item to10 ~~June 30, 2015. It is unlikely the Company will have any revenues unless it is able to effect an acquisition or merger with an operating company or starts operation~~ of ~~the~~Regulation ~~herbal nutritional supplement and skin~~S-~~care product business in China~~K, ofthe ~~which~~Company ~~there can be no assurance. It~~ is ~~management’s~~not ~~assertion~~required ~~that these circumstances may hinder the Company’s ability~~ to ~~continue~~provide ~~as a going concern. The Company’s plan of operation for~~information ~~the~~required ~~next~~by ~~twelve~~this ~~months shall be to continue its efforts to locate suitable acquisition candidates~~Item.

For the three months ended June 30, 2015, the Company had a net loss of $5,154, consisting of legal, accounting, consultant, and other service fees incurred in relation to the preparation and filing of the Company’s periodic reports. For the comparable period in the prior year, the company has a net loss of $10,522. The decrease in the loss mainly resulted from the decrease in the professional fees, which was higher in the prior period principally due to the reorganization of the Company on October 30, 2013.

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

	None.

Item 3.	Defaults Upon Senior Securities.

	None.

Item 4.	Mine Safety Disclosures.

	Not applicable.

Item 5.	Other Information.

	None.

Item 6.	Exhibits.

~~For the nine months ended June 30, 2015, the Company had~~ (a ~~net loss of $30,082, consisting of legal, accounting, consultant, and other service fees incurred~~) Exhibits inrequired relation to the preparation and filing of the Company’s periodic reports. For the comparable period in the prior year, the company has a net loss of $45,675. The decrease in the loss mainly results from the decrease in the professional fees, as offset by ~~the~~Item ~~increase~~601 ~~in the consultant fees for preparation~~ of ~~the~~Regulation ~~periodic reports and tax returns, and the other general and administrative expenses, which was principally attributable to the increase in the Edgar agent and the transfer agent fees~~S-K. ~~The higher professional fees in the prior comparable period was due to the reorganization of the Company on October 30, 2013.~~

Off-Balance Sheet Arrangements

Exhibit		Description

3.1		Certificate of Amendment to the Company’s Certificate of Incorporation, as filed with the Secretary of State of Delaware on April 16, 2013 incorporated by reference to Appendix in the Definitive Information Statement filed with the SEC on March 4, 2013

31.1		Certification of the Company’s Principal Executive Officer and Principal Financial and Accounting Officer, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the registrant’s Quarterly Report on Form 10-Q for the quarter ended December 31, 2015.

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

The Company does not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on the Company’s financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors.

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

~~Item 3. Quantitative and Qualitative Disclosures About Market Risk.~~5

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

~~Item~~Pursuant to 4.the ~~Controls~~requirements ~~and~~of ~~Procedures~~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.

Evaluation of Disclosure Controls and Procedures

	5V, INC.

Dated: February 22, 2016	By:	/s/ Jun Jiang
		Jun Jiang
		President
		(Principal Executive officer, and Principal Financial and Accounting Officer)

We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed in our reports filed pursuant to the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules, regulations and related forms, and that such information is accumulated and communicated to our principal executive officer and principal financial officer, as appropriate, to allow timely decisions regarding required disclosure.6

As of June 30, 2015, we carried out an evaluation, under the supervision and with the participation of our principal executive officer and our principal financial officer of the effectiveness of the design and operation of our disclosure controls and procedures. Based on this evaluation, our principal executive officer and our principal financial officer concluded that our disclosure controls and procedures were not effective as of the end of the period covered by this report.

Changes in Internal Controls

There were no changes in our internal controls over financial reporting during the quarter ended June 30, 2015 that have materially affected or are reasonably likely to materially affect our internal controls.

PART II – OTHER INFORMATION

Item 1. Legal Proceedings.

There are presently no material pending legal proceedings to which the Company, any of its subsidiaries, any executive officer, any owner of record or beneficially of more than five percent of any class of voting securities is a party or as to which any of its property is subject, and no such proceedings are known to the Registrant to be threatened or contemplated against it.

Item 1A. Risk Factors.

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

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

None.

Item 3. Defaults Upon Senior Securities.

None.

Item 4. Mine Safety Disclosures.

Not applicable.

Item 5. Other Information.

None.

Item 6. Exhibits.

(a) Exhibits required by Item 601 of Regulation S-K.

Exhibit		Description
3.1		Certificate of Amendment to the Company’s Certificate of Incorporation, as filed with the Secretary of State of Delaware on April 16, 2013 incorporated by reference to Appendix in the Definitive Information Statement filed with the SEC on March 4, 2013
31.1		Certification of the Company’s Principal Executive Officer and Principal Financial and Accounting Officer, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the registrant’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015.
32.1		Certification of the Company’s Principal Executive Officer and Principal Financial and Accounting Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

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

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.

	5V, INC.
Dated: July 20, 2015	By:	/s/ Jun Jiang
		Jun Jiang
		President
		(Principal Executive officer, and Principal Financial and Accounting Officer)

Filing Compare · 5V Inc.