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 0306/3130/2013

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

Commission File No.333-172112

Lion Lam Diamond Inc.,

(Exact name of registrant as specified in its charter)

Texas	27-3309602
(State or other jurisdiction	(I.R.S. Employer Identification No.)
of incorporation or organization)

14520 Memorial Drive, Suite 206

Houston, Texas 77079

(Address of principal executive offices)

1-~~713~~281-~~828~~776-~~8305~~9101

(Issuer's telephone number)

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

Indicate by check mark whether the registrant is a large accelerated filed, an accelerated filer, a non-accelerated filer, or a smaller reporting company.

Large accelerated filer o Accelerated filer o

Non-accelerated filer o Small Reporting company x

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

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 during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). x Yes o No

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the most practicable date: 7,000,000 as of ~~May~~August 76, 2013.

Lion Lam Diamond Inc.,

Form 10-Q Report Index

	Page No:
PART 1. FINANCIAL INFORMATION
Item 1. Financial Statements
Balance Sheet	3
Statements of Operations	4
Statements of Cash Flows	5
Notes to financial Statements	6-9
Item 2. Management Discussion and Analysis of Financial Condition	10-11
Item 3. Quantitative and Qualitative Disclosures about Market Risk	11
Item 4. Control and Procedures	11
PART 11. OTHER INFORMATION
Item 1. Legal Proceedings	12
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds	12
Item 3. Defaults Upon Senior Securities	12
Item 4. Mine Safety Disclosures	12
Item 5. Other Information	12
Item 6. Exhibit	12
Item 7. Signature	12

Lion Lam Diamond Corporation

(A Development Stage Company)

Condensed Balance Sheets

	As of March 31 2013 ( unaudited)			As of December 31, 2012 ( audited)
	As of June 30, 2013 ( unaudited)			As of December 31, 2012 ( audited)
ASSETS
CURRENT ASSETS
Cash	$	~~2,192~~921		$	1,259
Inventory		15,005			18,005
TOTAL ASSETS		1715,~~197~~926			19,264
		-			-
LIABILITIES AND STOCKHOLDER'S EQITY
Note Payable-Related Party	$	-		$	-
Accrued payable		-			3,565
TOTAL CURRENT LIABILITIES		-			3,565
SHAREHOLDER'S EQUITY
Preferred Share 9,998,889,998 authorized, -0- shares issued and outstanding, par value of $0.0001		-			-
Common shares 8,889,998,889 authorized, 7,000,000 shares issued and outstanding, par value of $0.0001	$	700		$	700
Paid-In Capital		145,100			145,100
( Deficit) accumulated During Development Stage		(~~128~~129,~~603~~874	)		(122,971	)
STOCKHOLDERS' EQUITY		1715,~~197~~926			(22,829	)
TOTAL LIABILITIES AND STOCHOLDERS' EQUITY	$	1715,~~197~~926		$	19,264

The accompanying notes are an integral part of these financial statements

Lion Lam Diamond Corporation

(A Development Stage Company)

Condensed Statements of Operations

( unaudited)

		Three Months Ended March 31, 2013				Three Months Ended March 31, 2012				From July 14 2010 ( Inception) Through March 31, 2013
		Three Months Ended June 30, 2013	Three Months Ended June 30, 2012		Six Months Ended June 30, 2013				Six Months Ended June 30, 2012				From July 14 2010 ( Inception) Through June 30, 2013
Revenue:	$	$2,500	387,~~425~~500		$	$5,925	~~60,250~~		$	$147,750	~~213,595~~		$	216,096
Less: Cost of Good Sold			(3,000	)			(58,718	)			(168,041	)
Less: Cost of Goods Sold		( -0- )	(64,481)			(3,000)				(123,199)				(168,041	)
Gross Profit	$	$2,500	~~425~~23,019		$	$2,925	~~1,532~~		$	24,551	~~45,554~~			48,054
Operating Expenses:
General and Administrative		3,771	514,~~207~~775			8,978	~~11,640~~			26,415	~~(171,857~~	)		(175,628	)
Total Operating Expenses		(1,271)	(58,~~632~~244	)		(6,053)	~~(10,108~~	)		(1,864)	~~(126,303~~	)		(127,574	)
Income ( Loss) from Operating Expense			~~(5,632~~	)			~~(10,108~~	)
Interest Expense											~~(2,300~~	)		(2,300	)
Provision for Income Taxes							-			-	-			-
Net Income ( Loss)	$	$(1,271)	(58,~~632~~244	)	$	$(6,053)	~~(10,108~~	)	$	$(1,864)	~~(128,603~~	)	$	(129,874	)
Net Loss per Share Basic and Diluted	$	$0.00	0.00		$	$-0-	~~0.00~~		$	$0.00	~~0.00~~		$	0.00
Weighted Average Number of Common Share Outstanding		7,000,000	7,000,000			7,000,000	~~7,000,000~~			7,000,000

The accompanying notes are an integral part of these financial statements

Lion Lam Diamond Corporation

(A Development Stage Company

Condensed Statement of Cash flow

	Three Months Ended March 31, 2013			Three Months Ended March 31, 2012			From July 14 2010 ( Inception) Through March 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Profit//Loss	$	(5,632	)	$	(10,108	)	$	(128,603	)
ADJUSTMENTS TO NET PROFIT/LOSS:
Interest forgiven by stockholder		-			-			-
CHANGE IN OPERATING ASSETS AND LIABILITIES :
Stock-based Compensation		-			-			87,500
Increase (decrease) in accrued payable					10,544			-
Increase( decrease) in inventory		4,699			(18,652	)		15,005
Increase ( decrease) in receivable					-			-
Net cash used in operating activities		(933	)		(18,216	)		(26,098	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of common stock for cash		-			9,360			56,000
Borrowing from related Party		-			-			(29,902	)
NET CASH PROVIDED BY FINANCING ACTIVITIES:
Net Increase ( decrease) in cash		(933	)		8,856			(29,902	)
Cash at beginning of period		1,259			509
Cash at end of period	$	2,192			9,365		$	2,192
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid in cash	$	-		$	-		$	-
Income taxes paid	$	-		$	-		$	-
SUPPLEMENTAL NON-CASH FINANCING ACTIVITIES:
Interest forgiven	$	-		$			$	2,300

(unaudited)

	Six Months Ended June 30, 2013		Six Months Ended June 30, 2012			From July 14 2010 ( Inception) Through June 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Profit//Loss	$	(6,053)	$	(1,864)		$	(129,874	)
ADJUSTMENTS TO NET PROFIT/LOSS:
Interest forgiven by stockholder				-			-
CHANGE IN OPERATING ASSETS AND LIABILITIES :
Stock-based Compensation				-			87,500
Increase (decrease) in accrued payable				(27,871)			-
Increase( decrease) in inventory		4,782		(2,986)			15,005
Increase ( decrease) in receivable		-		-			-
Net cash used in operating activities		(1,271)		(32,721	)		(27,369)
CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of common stock for cash				40,640			56,000
Borrowing from related Party				-			(28,631)
NET CASH PROVIDED BY FINANCING ACTIVITIES:
Net Increase ( decrease) in cash		(1,271)		(7,919)			( 28,631	)
Cash at beginning of period		2,192		9,365
Cash at end of period	$	921		1,446		$	921
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid in cash	$	-	$	-		$	-
Income taxes paid	$	-	$	-		$	-
SUPPLEMENTAL NON-CASH FINANCING ACTIVITIES:
Interest forgiven	$	-	$			$	2,300

The accompanying notes are an integral part of these financial statements

Lion Lam Diamond Corporation

(A DEVELOPMENT STAGE Company)

Notes to the Condensed Financial Statements

For the ~~three~~six months ended ~~March~~June 3130, 2013 and 2012 ( unaudited)

NOTE 1 - UNAUDITED INFORMATION

The balance sheet of Lion Lam Diamond Corporation (the “Company”) as of ~~March~~June 3130, 2013, and the statements of operations and cash flows for the 3 months ended June ~~March 31~~30, 2013 have not been audited. However, in the opinion of management, such information includes all adjustments (consisting only of normal recurring adjustments) which are necessary to properly reflect the financial position of the Company as of ~~March 31~~June 30, 2013, and the results of operations for the 3six-months ended ~~March~~June 3130, 2013.

Certain information and notes normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted, although management believes that the disclosures are adequate to make the information presented not misleading. Interim period results are not necessarily indicative of the results to be achieved for an entire year. These financial statements should be read in conjunction with the financial statements and notes to financial statements included in the Company’s audited financial statements as of December 31, ~~2013~~2012 and calendar year then ended.

NOTE 2 – ORGANIZATION AND BUSINESS OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Lion Lam Diamond Corporation was incorporated in Texas on July 14th, 2010. For the nine months ended March 31, 2013, we have generated $~~213~~216,~~595~~096 in revenues. Since its inception, the Company has been engaged substantially in financing activities and developing its business plan and incurring startup costs and expenses. As a result, the Company incurred accumulated net losses from July 14, 2010 (Inception) through the period ended ~~March~~June 3130, 2013 of $(~~128~~129,~~603~~874)

YEAR END

The Company has elected December 31 as its year end.

NATURE OF OPERATION

The Company has developed a jewelry wholesale and retail operations which offers polished diamonds and fine jewelry to the public.

BASIC OF PRESENTATION

The accompanying audited financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for the financial information, and with the rules and regulations of the United States Securities and Exchange Commission (“SEC”).

REVENUE RECOGNITION

We recognize revenue from product sales when the following four revenue recognition criteria are met: persuasive evidence of an arrangement exists, delivery has occurred, the selling price is fixed or determinable, and collectability is reasonably assured.

USE OF ESTIMATES

The preparation of financial statements in conformity with generally accepted accounting principles in the United States 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 periods. Actual results could materially differ from those estimates.

CASH AND CASH EQUIVALENTS

For purposes of the statement of cash flows, the Company considers all highly liquid investments and short-term debt instruments with original maturities of three months or less to be cash equivalents. As of ~~March~~June 3130, 2013, there were no cash equivalents.

INVENTORY

Inventory consisting of polished diamonds is stated at the lower of cost or market.

EQUIPMENT AND DEPRECIATION

Equipment is stated at cost. Depreciation is calculated using the straight- line method over the estimated useful lives of the related assets, currently set at five years. Expenditures for additions and improvements are capitalized, while repairs and maintenance costs are expensed as incurred. The cost and related accumulated depreciation of property and equipment sold or otherwise disposed of are removed from the accounts and any gain or loss is recorded in the year of disposal.

INCOME TAXES

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. In assessing the ~~realizability of~~ deferred tax assets, Management evaluates whether it is more likely than not that some portion or all of its deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. Based on Management’s evaluation, the net deferred tax asset was offset by a full valuation allowance in all periods presented. The Company’s deferred tax asset valuation allowance will be reversed if and when the Company generates sufficient taxable income in the future to utilize the tax benefits of the related deferred tax assets.

As of ~~March~~June 3130, 2013, the Company had a net operating loss carry-forward of approximately $(~~128~~129,~~603~~874) which may be used to offset future taxable income and begins to expire in 2030.

FAIR VALUE MEASUREMENTS

The Company adopted the provisions of ASC Topic 820, "Fair Value Measurements and Disclosures", which defines fair value as used in numerous accounting pronouncements, establishes a framework for measuring fair value and expands disclosure of fair value measurements.

The estimated fair value of certain financial instruments, including cash and cash equivalents, deposits, prepaid expenses, notes payable, and accrued expenses are carried at historical cost basis, which approximates their fair values because of the short-term nature of these instruments.

MC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. MC 820 describes three levels of inputs that may be used to measure fair value:

*	level l - quoted prices in active markets for Identical assets or liabilities
*	level 2 - quoted prices for similar assets and liabilities in active markets or inputs that are observable
*	level 3 - inputs that are unobservable (for example cash flow modeling inputs based on assumptions)

STOCK-BASED COMPENSATION

The Company records stock based compensation in accordance with the guidance in ASC Topic 718 which requires the Company to recognize expense related to the fair value of its employee stock option awards. This eliminates accounting for share-based compensation transactions using the intrinsic value and requires instead that such transactions be accounted for using a fair-value-based method. The Company recognizes the cost of all share-based awards on a graded vesting basis over the vesting period of the award.

EARNINGS (LOSS) PER COMMON SHARE

Basic net income per share is computed by dividing the net income available to common shareholders (the numerator) for the period by the weighted average number of common shares outstanding (the denominator) during the period. The computation of diluted earnings is similar to basic earnings per share, except that the denominator is increased to include the number of additional common shares that would have been outstanding if potentially dilutive common shares had been issued. As of ~~March~~June 3130, 2013, there was no variance between basic and diluted loss per share as there were no potentially dilutive common shares outstanding.

RECENT ACCOUNTING STANDARDS

From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board or other standard setting bodies that may have an impact on the Company’s accounting and reporting. The Company believes that such recently issued accounting pronouncements and other authoritative guidance for which the effective date is in the future either will not have an impact on its accounting or reporting or that such impact will not be material to its financial position, results of operations and cash flows when implemented.

NOTE 3-GOING CONCERN

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the recoverability of assets and the satisfaction of liabilities in the normal course of business. As noted above, the Company is in the development stage and, accordingly, has generated $~~213~~216,~~595~~096 revenues from July 14, 2010 ( Inception) through ~~March~~June 3130, 2013. Since its inception, the Company has been engaged substantially in financing activities and developing its business plan and incurring startup costs and expenses. As a result, the Company incurred net losses from July 14, 2010 (Inception) through the period ended ~~March~~June 3130, 2013 of $(~~128~~129,~~603~~874).

The ability of the Company to continue as a going concern is dependent upon its ability to raise additional capital from the sale of common stock and, ultimately, the achievement of significant operating revenues through sales of polished diamonds and sales of our crown products. We have sold several jewelry pieces which resulted in a significant revenue increase for this quarter. Our management is also focusing on accepting orders for our crown products once our registration statement is declared effectiveness by the Commission.

NOTE 4- INVENTORY

During the ~~nine~~six ended ~~March~~June 3130, 2013, our inventory consists of polished diamonds acquired from four different national suppliers. Our inventory is stated at the lower of cost or market. We believe historical cost method is more conservative than the market method because polished diamonds tend to have high valuation in the jewelry industry.

~~NOTE~~Item 52. –MANAGEMENT’S ~~COMMITMENT~~DISCUSSION AND ~~CONTINGENCIES~~ANALYSIS OF FINANCIAL CONDITION

~~Company~~This ~~has~~section ~~entered~~of ~~into~~the anprospectus ~~employment~~includes ~~contract~~a onnumber ~~July~~of ~~14,~~forward-looking statements ~~2010~~that ~~with~~reflect our ~~sole~~current ~~officer~~views ~~for~~with ~~executive~~respect ~~service~~to ~~for~~future ~~the~~events ~~initial~~and ~~term~~financial ofperformance. ~~thirty~~Forward-~~six~~looking ~~(36)~~statements ~~months~~are often inidentified ~~consideration~~by ~~for~~words alike: ~~salary~~believe, atexpect, ~~the~~estimate, ~~annual~~anticipate, ~~rate~~intend, ofproject and similar expressions, or words which, by their nature, refer to future events. You should not ~~less~~place ~~than~~an $undue 30certainty on these forward-looking statements,~~000~~ which apply only as of the date of this prospectus. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions.

~~Item~~PLAN ~~2. MANAGEMENT’S DISCUSSION AND ANALYSIS~~ OF ~~FINANCIAL CONDITION~~OPERATION

~~This~~Our ~~section~~plan of ~~the~~operation ~~prospectus~~for ~~includes~~the anext ~~number~~12 ofmonths ~~forward-looking~~is ~~statements~~divided that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place an undue certainty on these forward-looking statements, which apply only as of into the ~~date~~following offour ~~this prospectus. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions.~~Phases:

~~PLAN~~Phase OFI: Develop ~~OPERATION~~our website

Our ~~plan~~website is currently being developed with on-line shopping capabilities. Due to our limited budget of ~~operation~~$2,500 for website development, we have outsourced our website development project to the ~~next~~website 12designer ~~months~~in China. Initially, our website only contains English and Chinese's versions, and we intend to add additional languages to our website in the future to attract potential clients from different Countries. Our website is ~~divided~~being ~~into~~developed, and two domain names have been reserved for our websites. The estimate amount of time to complete our first website is 120 days. The time frame to complete this Phase of Operation will be within 120 days after the ~~following~~effectiveness ~~four~~of ~~Phases:~~this registration statement, the management may be able to complete this phase of operation sooner than anticipated.

Phase III: ~~Develop~~Outsource ~~our~~jewelry ~~website~~design projects

~~Our~~We ~~website~~will isoutsource ~~currently~~our ~~being~~jewelry ~~developed~~design project to several jewelry designers with on3-~~line~~D ~~shopping~~jewelry design capabilities. ~~Due~~One to3-D ~~our~~jewelry ~~limited~~designer ~~budget~~is: ofAJC ~~$2,500~~Designing ~~for~~Inc. ~~website~~This firm ~~development,~~has wemore ~~have~~than ~~outsourced~~10 ~~our~~years ~~website~~of ~~development~~experience ~~project~~designing tocomplex ~~the~~design ~~website~~concepts ~~designer~~at ina ~~China~~reasonable price. ~~Initially~~We have a verbal agreement with AJC Designing Inc., ~~our~~pursuant ~~website~~to ~~only~~which ~~contains~~AJC ~~English~~Designing ~~and~~Inc. ~~Chinese's~~have ~~versions,~~agreed ~~and~~to provide 3-D design services; however, we ~~intend~~have the options to ~~add~~select ~~additional~~from ~~languages~~a tonumber ~~our~~of ~~website~~3-D indesign ~~the~~vendors ~~future~~that tocould ~~attract~~provide ~~potential~~similar ~~clients~~design ~~from~~services. ~~different~~In ~~Countries~~addition to AJC Designing Inc., ~~Our~~We have ~~website~~three isvendors ~~being~~that ~~developed~~could provide us with 3-D jewelry designs in additional to AJC Designing Inc., and ~~two~~with ~~domain~~which ~~names~~we have ~~been~~verbal agreements. ~~reserved~~Pursuant ~~for~~to ~~our~~the ~~websites.~~verbal ~~The~~agreements ~~estimate~~with ~~amount~~these ofvendors, ~~time~~we are not obligated to ~~complete~~place ~~our~~an ~~first~~order ~~website~~with isthese ~~120~~vendors, ~~days.~~and these ~~The~~vendors ~~time~~are ~~frame~~not obligated to ~~complete~~accept ~~this~~any ~~Phase~~orders ofwe ~~Operation~~place. ~~will~~Our beaverage ~~within~~cost ~~120~~per ~~days~~design ~~after~~project is $1,500 or less. This phase involves the ~~effectiveness~~creation of ~~this~~one ~~registration~~or ~~statement,~~more prototype crown designs. The purpose of the ~~management~~prototype's ~~may~~crown bedesigns ~~able~~is to ~~complete~~have ~~this~~a ~~phase~~ variety of ~~operation~~crown ~~sooner~~designs ~~than~~that ~~anticipated~~may be suitable for different potential customers.

~~Phase~~We ~~II: Outsource~~have ~~jewelry~~skilled artisans and goldsmiths use the relevant prototype design ~~projects~~that is selected or ordered by a customer to create the physical crown. These skilled artisans and goldsmiths typically take 90 days to complete the creation of each crown. These skilled artisans and goldsmiths are third-party vendors that do not set minimum orders nor required us to enter into any material agreements. We have three skilled artisans and goldsmiths that could provide services to us and with which we have verbal agreements with these skilled artisans and goldsmith, we are not obligated to place orders with these artisans and goldsmiths, and these artisans are not obligated to accept any orders we place. We typically outsourced our manufacturing jobs to these third-party vendors.

WePhase ~~will outsource our jewelry design project to several jewelry designers with 3-D jewelry design capabilities. One 3-D jewelry designer is~~III: Purchase ~~AJC Designing Inc. This firm has more than 10 years~~ of ~~experience~~ideal ~~designing~~cut complex design concepts at a reasonable price. We have a verbal agreement with AJC Designing Inc., pursuant to which AJC Designing Inc. have agreed to provide 3-D design services; however, we have the options to select from a number of 3-D design vendors that could provide similar design services. In addition to AJC Designing Inc., We have three vendors that could provide us with 3-D jewelry designs in additional to AJC Designing Inc., and with which we have verbal agreements. Pursuant to the verbal agreements with these vendors, we are not obligated to place an order with these vendors, and these vendors are not obligated to accept any orders we place. Our average cost per design project is $1,500 or less. This phase involves the creation of one or more prototype crown designs. The purpose of the prototype's crown designs is to have a variety of crown designs that may be suitable for different potential customers. The estimated time to complete prototype 24K gold crown will be 90 days.diamonds

WeOur ~~have~~budget ~~skilled~~to ~~artisans~~accumulate ~~and~~the ~~goldsmiths~~diamonds ~~use~~for the ~~relevant~~24K ~~prototype~~crown ~~design that~~ is estimated ~~selected~~at or$30,000. ~~ordered~~We byhave signed a ~~customer~~supply tocontract ~~create~~with ~~the~~A.D. ~~physical~~Diamonds ~~crown~~Inc., ~~These~~A.D. ~~skilled~~Diamonds ~~artisans~~Inc., ~~and~~do ~~goldsmiths~~not ~~typically~~set ~~take~~any 90minimum ~~days~~order or torestrictions ~~complete~~for ~~the~~our ~~creation~~orders. ofWe ~~each~~could ~~crown.~~order ~~These~~a ~~skilled~~single ~~artisans~~diamond ~~and~~or ~~goldsmiths~~a ~~are~~parcel ~~third-party~~of ~~vendors~~diamonds ~~that~~at doany ~~not~~given ~~set~~time, ~~minimum~~but ~~orders~~we ~~nor~~must ~~required~~wire usthe funds to ~~enter~~A.D. ~~into~~Diamonds ~~any material agreements~~Inc., Weprior ~~have~~to ~~three~~her ~~skilled~~release ~~artisans~~of ~~and~~shipments ~~goldsmiths~~to ~~that~~us. ~~could~~We ~~provide~~have ~~services~~acquired toall usthe ~~and~~necessary ~~with~~polished ~~which~~diamonds wefrom A.D. ~~have~~Diamonds ~~verbal~~Inc. ~~agreements~~and ~~with~~other ~~these~~diamond ~~skilled~~vendors ~~artisans~~to ~~and~~complete ~~goldsmith,~~our wefirst ~~are~~24K ~~not~~gold ~~obligated~~crown. toOur ~~place~~existing ~~orders~~diamond ~~with~~inventories ~~these~~are ~~artisans~~sufficient to ~~and~~complete ~~goldsmiths,~~one ~~and~~24K ~~these~~gold ~~artisans~~crown. ~~are~~Our ~~not~~basic ~~obligated~~design toof ~~accept~~the ~~any~~24K ~~orders~~gold wecrown ~~place.~~has Wenine ~~typically~~round ~~outsourced~~brilliant ~~our~~cut ~~manufacturing~~diamonds ~~jobs~~weighted towell ~~these~~over one ~~third-party~~carat ~~vendors~~each.

Phase ~~III~~IV: ~~Purchase~~ ofAccepting ~~ideal~~orders ~~cut~~or ~~diamonds~~consignments to auction companies

~~Our~~Once ~~budget~~our towebsite ~~accumulate the diamonds for the 24K crown~~ is ~~estimated~~completely ~~at $30~~developed,~~000.~~ Wewe ~~have~~will ~~signed~~accept orders athrough ~~supply contract with A.D. Diamonds Inc., A.D. Diamonds Inc., do not set any minimum order or restrictions for~~ our ~~orders~~website. WeOur ~~could~~annual ~~order~~production ~~a single diamond or a parcel~~ of ~~diamonds at any given time, but we must wire~~ the ~~funds~~24K tocrown ~~A.D.~~is ~~Diamonds~~projected ~~Inc., prior~~ to ~~her~~be ~~release~~25 ofcrowns ~~shipments~~and toadjustments ~~us.~~will Webe ~~have~~made ~~acquired~~based on ~~all~~supply ~~the~~and ~~necessary~~demand ~~polished~~and ~~diamonds~~our ~~from~~financial Aresources.D. ~~Diamonds~~We ~~Inc.~~intend ~~and other diamond vendors~~ to ~~complete~~distribute our ~~first~~ 24K ~~gold~~ crown. ~~Our existing diamond inventories are sufficient~~ to ~~complete~~nationals ~~one~~from ~~24K~~different ~~gold crown~~Continents. Consignments ~~Our~~of ~~basic~~our ~~design~~finished ofproducts ~~the~~to ~~24K~~auction ~~gold~~companies ~~crown~~are ~~has~~still ~~nine~~our ~~round~~main ~~brilliant~~marketing ~~cut~~and ~~diamonds~~sales ~~weighted~~strategies. ~~well~~Potential ~~over~~bidders from ~~one~~different ~~carat~~continents ~~each.~~could ~~The~~submit ~~estimated~~their ~~time~~bids ~~for~~through ~~completing~~these ~~this~~auction ~~phase~~companies ofto ~~operation~~win isthese 30exclusively ~~days~~designed ~~for~~24K ~~each~~ crown.

~~Phase~~RESULTS ~~IV:~~OF ~~Accepting orders or consignments to auction companies~~OPERATIONS

~~Once~~From July ~~our website is completely developed~~14, we2010 ~~will~~(Inception) ~~accept orders through our website. Our annual production of the 24K crown is projected~~ to beJune 2530, crowns and adjustments will be made based on supply and demand and our financial resources. We intend to distribute our 24K crown to nationals from different Continents. Consignments of our finished products to auction companies are still our main marketing and sales strategies. Potential bidders from different continents could submit their bids through these auction companies to win these exclusively designed 24K crown. The estimated time for completing this phase of operation is within 120 days for the submission of our first finished crown to the auction house.2012

~~RESULTS~~During OFthe ~~OPERATIONS~~period, our incorporation in the State of Texas, we hired attorney for the preparation of this registration statement and our auditors to audit our financial statements. We have generated $213,595 in revenues since July 14, 2010 ( Inception). Our loss since inception was $(129,874) for general and administrative expenses.

~~From July~~LIQUIDITY ~~14,~~AND ~~2010~~CAPITAL ~~(Inception) to March 31, 2012~~RESOURCES

~~During~~As ~~the~~of ~~period~~June 30, ~~our incorporation in the State of Texas~~2013, we ~~hired~~have ~~attorney~~generated ~~for~~$216,096 ~~the~~in ~~preparation of this registration statement~~ revenues and our ~~auditors~~total toassets ~~audit~~were ~~our financial statements~~$15,926. We ~~have~~had ~~generated~~ $~~213,595~~921 in ~~revenues~~cash; ~~since July 14~~$15,005 ~~2010~~in (inventory; ~~Inception).~~our ~~Our~~total ~~loss~~liabilities ~~since~~were ~~inception was~~ $~~(128,603) for general and administrative expenses~~-0-.

~~LIQUIDITY~~OFF-BALANCE ~~AND~~SHEET ~~CAPITAL RESOURCES~~ARRANGEMENT

AsThe ofCompany ~~March~~has 31no material transactions, ~~2013~~arrangements, weobligations or other relationships with entities or other persons that have ~~generated~~or ~~$213,595~~are inreasonably ~~revenues~~likely ~~and~~to ~~our~~have ~~total~~a ~~assets~~material ~~were~~current ~~$17~~or future impact,~~197~~ changes Wein ~~had~~financial $2condition,~~192~~ inresults ~~cash;~~of ~~$15~~operations,~~005~~ inliquidity, ~~inventory;~~capital ~~our~~expenditures, ~~total~~capital ~~liabilities~~resources, ~~were~~or ~~$-0-~~significant components of revenues or expenses.

~~OFF-BALANCE~~ITEM ~~SHEET~~3. ~~ARRANGEMENT~~QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

~~The~~We ~~Company has no material transactions, arrangements, obligations or other relationships with entities or other persons that have or~~ are ~~reasonably likely to have~~ a ~~material~~small ~~current~~reporting orcompany ~~future~~as ~~impact,~~defined ~~changes~~by inRule ~~financial condition, results~~ 12b-2 of ~~operations,~~the ~~liquidity,~~Securities ~~capital~~Exchange ~~expenditures,~~Act ~~capital~~of ~~resources,~~1934 orand ~~significant~~are ~~components~~not ofrequired ~~revenues~~to orprovide ~~expenses~~the information.

ITEM 34. ~~QUANTITATIVE~~CONTROLS AND ~~QUALITATIVE DISCLOSURES ABOUT MARKET RISK.~~PROCEDURES

WeUnder ~~are~~the asupervision ~~small~~and ~~reporting~~with ~~company~~the participation of our management, including the Principal Executive Officer and Principal Financial Officer, we have evaluated the effectiveness of our disclosure controls and procedures as ~~defined~~required by Exchange Act Rule ~~12b~~13a-215(b) as of the ~~Securities~~end ~~Exchange~~of ~~Act~~the ofperiod ~~1934~~covered by this report. Based on that evaluation, the Principal Executive Officer and Principal Financial Officer have concluded that these disclosure controls and procedures are ~~not~~effective. ~~required~~There towere ~~provide~~no changes in our internal control over financial reporting during the ~~information~~quarter ended March 31, 2013 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

~~ITEM~~PART 4II. ~~CONTROLS~~OTHER ~~AND PROCEDURES~~INFORMATION

~~Under~~ITEM the supervision and with the participation of our management, including the Principal Executive Officer and Principal Financial Officer, we have evaluated the effectiveness of our disclosure controls and procedures as required by Exchange Act Rule 13a-15(b) as of the end of the period covered by this report1. ~~Based~~LEGAL on that evaluation, the Principal Executive Officer and Principal Financial Officer have concluded that these disclosure controls and procedures are effective. There were no changes in our internal control over financial reporting during the quarter ended March 31, 2013 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.PROCEEDINGS

~~PART~~Management IIis not aware of any legal proceedings contemplated by any governmental authority or any other party involving us or our properties. ~~OTHER~~As ~~INFORMATION~~of the date of this Quarterly Report, no director, officer or affiliate is (i) a party adverse to us in any legal proceeding, or (ii) has an adverse interest to us in any legal proceedings. Management is not aware of any other legal proceedings pending or that have been threatened against us or our properties.

~~ITEM~~Item 11A. ~~LEGAL~~RISK ~~PROCEEDINGS~~FACTORS

~~Management~~We isare ~~not~~a ~~aware~~small ofreporting ~~any~~company ~~legal~~as ~~proceedings~~defined ~~contemplated~~ by ~~any~~Rule ~~governmental authority or any other party involving us or our properties. As~~ 12b-2 of the ~~date~~Securities ofExchange ~~this~~Act ~~Quarterly~~of ~~Report,~~1934 noand ~~director,~~are ~~officer~~not orrequired ~~affiliate is (i) a party adverse~~ to usprovide inthe any legal proceeding, or (ii) has an adverse interest to us in any legal proceedings. Management is not aware of any other legal proceedings pending or that have been threatened against us or our properties.information

~~Item~~ITEM 1A2. ~~RISK~~UNREGISTERED ~~FACTORS~~SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

WeThere ~~are~~were ano ~~small~~unregistered ~~reporting~~sales ~~company~~of asequity ~~defined~~securities ~~by Rule 12b-2 of~~ during the ~~Securities~~quarterly ~~Exchange~~period ~~Act~~ended ofJune ~~1934~~30, ~~and are not required to provide the information~~2013.

ITEM 23. ~~UNREGISTERED~~DEFAULTS ~~SALES~~UPON OFSENIOR ~~EQUITY~~ SECURITIES ~~AND USE OF PROCEEDS~~

~~There were no unregistered sales of equity securities during the quarterly period ended March 31, 2013.~~None

ITEM 34. ~~DEFAULTS~~MINE ~~UPON~~SAFETY ~~SENIOR SECURITIES~~DISCLOSURE

~~None~~Not applicable

ITEM 45. ~~MINE~~OTHER ~~SAFETY DISCLOSURE~~INFORMATION

~~Not applicable~~None

ITEM 56. ~~OTHER INFORMATION~~EXHIBITS

~~None~~Exhibit 31.1 Certificate of Principal Executive Officer and Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

~~ITEM~~Exhibit 632.1 Certification of ~~EXHIBITS~~Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

Exhibit ~~31.1~~101 ~~Certificate~~XBRL data files of ~~Principal~~Financial ~~Executive~~Statements ~~Officer~~ and ~~Principal~~notes ~~Financial~~contained ~~Officer~~in ~~pursuant~~this toQuarterly ~~Section~~Report ~~302~~on ofForm ~~the Sarbanes-Oxley Act of 2002~~10Q.

~~Exhibit~~* ~~32.1 Certification~~In ofaccordance ~~Chief~~with ~~Executive~~Regulation ~~Officer~~S-T, ~~and~~the ~~Chief~~Interactive ~~Financial~~Data Files ~~Officer~~in ~~pursuant~~Exhibit 101 to ~~Section~~the ~~906~~Quarterly ofReport ~~the~~on ~~Sarbanes~~Form 10-~~Oxley~~Q ~~Act~~shall ofbe ~~2002~~deemed “furnished” and not “filed.”

~~Exhibit~~ITEM ~~101 XBRL data files of Financial Statements and notes contained in this Quarterly Report on Form 10Q~~7. SIGNATURES

*Pursuant Into ~~accordance~~the ~~with~~requirements ~~Regulation~~of ~~S-T~~the Securities Exchange Act of 1934, the ~~Interactive~~registrant ~~Data~~has ~~Files~~duly incaused ~~Exhibit~~this ~~101~~report to ~~the~~be ~~Quarterly~~signed ~~Report~~ on ~~Form~~its ~~10-Q~~behalf ~~shall~~by bethe ~~deemed~~undersigned ~~“furnished”~~thereunto ~~and~~duly ~~not “filed~~authorized.”

~~ITEM~~Lion 7.Lam ~~SIGNATURES~~Diamond Inc.

~~Pursuant~~/s/ toCai ~~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.~~Yu

~~Lion~~Cai ~~Lam Diamond Inc.~~Yu

Chief Executive Officer/s/Chief ~~David~~Financial ~~Lam~~Officer

~~David~~Principle ~~Lam~~Accounting Officer, Director

~~Chief~~Dated: ~~Executive~~August ~~Officer/Chief~~6, ~~Financial Officer~~2013

Principle Accounting Officer

Dated: May 10, 2013

s/ Cai Yu

Cai Yu

Director

Dated: May 10th, 2013

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