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

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

~~[X]~~ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ~~For the quarterly period ended: March 31, 2016~~

~~[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934~~ For the ~~transition~~quarterly period ~~from~~ended: ~~____________~~June to30, ~~_____________~~2016

¨ 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 000-54354

AF OCEAN INVESTMENT MANAGEMENT COMPANY

(Exact name of registrant as specified in its charter)

Florida	~~Florida~~	14-1877754	~~14-1877754~~
(State or other jurisdiction of incorporation or organization)	~~(State or other jurisdiction of incorporation or organization)~~	(I.R.S. Employer Identification No)	~~(I.R.S. Employer Identification No)~~
3904 US-301, Ellenton, Florida 34222
(Address of principal executive offices, including zip code)
(212) 729-4951
(Registrant’s telephone number, including area code)
11015 Gatewood Drive Unit 103 Lakewood Ranch, FL 34211
(Former name, former address and former fiscal year, if changed since last report)

~~Indicate~~3904 byUS-301, ~~check~~Ellenton, ~~mark~~Florida ~~whether~~34222 ~~the registrant~~ (1)Address ~~has~~of ~~filed~~principal ~~all~~executive ~~reports~~offices, ~~required~~including tozip becode) ~~filed by Section 13 or 15~~(d212) of729-4951 ~~the Securities Exchange Act of 1934 during the preceding 12 months~~ (orRegistrant's ~~for~~telephone ~~such~~number, ~~shorter~~including ~~period~~area ~~that~~code) ~~the~~11015 ~~registrant~~Gatewood ~~was~~Drive ~~required~~Unit to103 ~~file~~Lakewood ~~such reports)~~Ranch, ~~and~~FL 34211 (2)Former ~~has~~name, ~~been~~former ~~subject~~address toand ~~such~~former ~~filing~~fiscal ~~requirements~~year, ~~for~~if ~~the~~changed ~~past~~since 90last ~~days. Yes ☑ No ☐~~report)

Indicate by check mark whether the registrant (1) has ~~submitted~~filed ~~electronically~~all ~~and~~reports ~~posted on its corporate Website, if any, every Interactive Data File~~ required to be ~~submitted~~filed ~~and~~by ~~posted~~Section ~~pursuant~~13 toor ~~Rule~~15(d) ~~405~~ of ~~Regulation~~the ~~S-T~~Securities ~~(§229.405~~Exchange Act of ~~this~~1934 ~~chapter)~~ during the preceding 12 months (or for such shorter period that the registrant was required to ~~submit~~file such reports), and ~~post~~(2) has been subject to such ~~files)~~filing requirements for the past 90 days. Yes ☑x No ☐¨

Indicate by check mark whether the registrant ishas asubmitted ~~large~~electronically ~~accelerated~~and ~~filer,~~posted anon ~~accelerated~~its ~~filer~~corporate Website, orif aany, ~~non-accelerated~~every ~~filer,~~Interactive orData aFile ~~smaller~~required ~~reporting~~to ~~company.~~be ~~See~~submitted ~~the~~and ~~definitions~~posted pursuant to Rule 405 of ~~“large~~Regulation ~~accelerated~~S-T ~~filer,”~~(§229.405 ~~“accelerated~~of ~~filer”~~this ~~and~~chapter) ~~“smaller~~during ~~reporting~~the ~~company”~~preceding in12 ~~Rule~~months ~~12b-2~~(or offor such shorter period that the ~~Exchange~~registrant ~~Act~~was required to submit and post such files). Yes x No ¨

~~Large~~Indicate by check mark whether the registrant is a large accelerated filer.☐, ~~Accelerated~~an accelerated filer., ☑or ~~Non~~a non-accelerated filer, or a smaller reporting company. ☐See ~~(Do~~the ~~not~~definitions ~~check~~of if"large aaccelerated filer," "accelerated filer" and "smaller reporting company)" ~~Smaller~~in ~~reporting~~Rule ~~company.~~12b-2 ☐of the Exchange Act.

~~Indicate~~Large byaccelerated ~~check~~filer. ~~mark~~¨ ~~whether~~Accelerated ~~the~~filer. ~~registrant~~x isNon-accelerated ~~a shell company~~ filer.(asDo ~~defined~~not incheck ~~Rule~~if ~~12b-2~~a ofsmaller ~~the~~reporting ~~Exchange Act~~company). ~~Yes~~¨ oSmaller Noreporting ☑company. ¨

AsIndicate ofby ~~May~~check ~~15,~~mark ~~2016~~whether ~~there~~the ~~were~~registrant ~~298,007,767~~is ~~shares~~a shell company (as defined in Rule 12b-2 of ~~common~~the ~~stock~~Exchange ~~outstanding~~Act). Yes ¨ No x

As of August 9, 2016 there were 298,007,767 shares of common stock outstanding.

TABLE OF CONTENTS

Cautionary Note Regarding Forward-Looking Statements 1

Cautionary Note Regarding Forward-Looking Statements		3

PART I – FINANCIAL INFORMATION

Item 1.	Financial Statements	4

Item 1A.	Risk Factors	12

Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations	18

Item 3.	Quantitative and Qualitative Disclosures about Market Risk	23

Item 4.	Controls and Procedures	23

PART II – OTHER INFORMATION

Item 1.	Legal Proceedings	24

Item 2.	Unregistered Sales of Equity Securities And Use Of Proceeds	24

Item 3.	Defaults Upon Senior Securities	24

Item 4.	Mine Safety Disclosures	24

Item 5.	Other information	24

Item 6.	Exhibits	25

Signatures		26

~~PART I - Financial Information~~2

Item 1.Financial Statements	2
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations	10
Item 3.Quantitative and Qualitative Disclosures about Market Risk	13
Item 4.Controls and Procedures	13

PART II - Other Information

Item 1. Legal Proceedings 15 Item 2. Unregistered Sales of Equity Securities And Use Of Proceeds 15 Item 3. Defaults Upon Senior Securities 15 Item 4. Mine Safety Disclosures 15 Item 5. Other information 15 Item 6. Exhibits 15 Signatures 16

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CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, (the “"Securities Act”") and Section 21E of the Securities Exchange Act of 1934, as amended, (the “"Exchange Act”"). These forward-looking statements are generally located in the material set forth under the heading “"Management’'s Discussion and Analysis of Financial Condition and Results of Operations”" but may be found in other locations as well. These forward-looking statements are subject to risks and uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward-looking statements. You should not unduly rely on these statements.

We identify forward-looking statements by use of terms such as “"may,”" “"will,”" “"expect,”" “"anticipate,”" “"estimate,”" “"hope,”" “"plan,”" “"believe,”" “"predict,”" “"envision,”" “"intend,”" “"will,”" “"continue,”" “"potential,”" “"should,”" “"confident,”" “"could”" and similar words and expressions, although some forward-looking statements may be expressed differently. You should be aware that our actual results could differ materially from those contained in the forward-looking statements.

Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this report. These factors include, among others:

· our ability to raise capital; · our ability to execute on our growth strategies; · our ability to find partners on favorable terms; · declines in general economic conditions in the markets where we may compete; · our anticipated needs for working capital; and · significant competition in the markets where we may operate.

· our ability to execute on our growth strategies;

· our ability to find partners on favorable terms;

· declines in general economic conditions in the markets where we may compete;

· our anticipated needs for working capital; and

· significant competition in the markets where we may operate.

Where we express an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis.

Forward-looking statements speak only as of the date of this report or the date of any document incorporated by reference in this report. Except to the extent required by applicable law or regulation, we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date of this report or to reflect the occurrence of unanticipated events.

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PART I – FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

AF OCEAN INVESTMENT MANAGEMENT COMPANY

CONSOLIDATED BALANCE SHEETS

	March 31,			December 31,
	June 30,2016			December 31,2015
ASSETS	2016			2015
	(Unaudited)
ASSETS
Current assets
Cash	$	-34,526		$	60,741
Cash held for Related Party		~~346~~317,~~886~~674			355,615
Management Fee Receivable (Related Party)		130,522			130,522
Prepaid Expenses		413,~~814~~283			2,752
Due from Related Party		1612,693			16,693
Interest (Related Party Loan)		~~622~~714			467
Accounts Receivable		45,989			-
Total Current Assets		509,412			566,790
Total Current Assets		545,526			566,790
Other Assets
Property & equipment, net of depreciation of $23,384 and $28,498		5,114			6,531
Property & equipment, net of depreciation of $24,801 and $28,498		3,697			6,531
Intangibles		294,193			294,193
Technology		1,000			1,000
Deposits		85,~~481~~700			8,481
Total Other Assets		~~308~~304,~~788~~590			310,205
Total Assets	$	~~854~~814,~~314~~002		$	876,995
LIABILITIES AND STOCKHOLDERS’ EQUITY
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
Accounts Payable		31-			816
Accrued Expenses		-			1,407
Cash Due to Related Party		~~356~~317,~~005~~674			355,615
Total Current Liabilities		~~356~~317,~~036~~674			357,838
Total Liabilities		~~356~~317,~~036~~674			357,838
Stockholders’ Equity
Stockholders' Equity
Preferred Stock, no par value, 5,000,000 shares issued and outstanding		1,000			1,000
Common Stock, $.01 par value, 5,000,000,000 shares authorized; 298,007,767 shares and 298,007,767shares issued and outstanding		2,980,078			2,980,078
Common Stock, $.01 par value, 5,000,000,000 shares authorized; 298,007,767 shares and 298,007,767 shares issued and outstanding		2,980,078			2,980,078
Additional Paid-In Capital		513,848			513,848
Other Comprehensive Income		31,~~199~~953			1,732
Accumulated deficit		(23,~~999~~000,~~847~~551	)		(2,977,501	)
Total stockholders’ equity		498,278			519,157
Total stockholders' equity		496,328			519,157
Total liabilities and stockholders’ equity	$	854,314		$	876,995
Total liabilities and stockholders' equity	$	814,002		$	876,995

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

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AF OCEAN INVESTMENT MANAGEMENT COMPANY

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

	Three Month Period Ended March 31, (unaudited)
	Six Months Ended June 30,						Three Months Ended June 30,
	2016			2015			2016			2015
Revenue
	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Management Fee US – Related Party	$	67,269		$	38,100
Revenue
Consulting Fee Income		400			-
Management Fee - Related Party	$	186,004			94,394		$	118,734		$	56,294
Total Revenue		67,669			38,100
Consulting Fee Income		400			-			-			-
Expenses
Total Revenue		186,404			94,394			118,734			56,294
General & Administrative		88,782			115,273
Expenses
Depreciation & Amortization		1,417			1,417
General & Administrative		207,151			254,404			118,369			139,132
Total Operating Expenses		90,199			116,690
Depreciation & Amortization		2,834			2,834			1,417			1,417
Operating (Loss) Income		(22,530	)		(78,590	)
Total Operating Expenses		209,985			257,238			119,786			140,549
Other Income (Expense)
Operating (Loss) Income		(23,581	)		(162,844	)		(1,052	)		(84,255	)
Interest Expense		-			-
Other Income (Expense)
Interest income (Shanghai & US)		184			141
Interest Expense		-			-			-			-
Total Other Income (Expense), net		184			141
Interest Income		530			310			346			171
Net (Loss) Income		(22,346	)		(78,449	)
Total Other Income (Expense), net		530			310			346			171
Foreign Currency Gain (Loss)		(1,467	)		(72	)
Net (Loss) Income		(23,050	)		(162,534	)		(704	)		(84,084	)
Comprehensive Income	$	(23,813	)	$	(78,521	)
Foreign Currency Gain (Loss)		221			704			(1,246	)		(1,338	)
Earnings (loss) per share - basic and dilutive	$	(0.00	)	$	(0.00	)
Comprehensive Income		(22,829	)		(161,830	)		(1,950	)		(85,422	)
Weighted average shares		298,007,767			259,210,122
Earnings (Loss) per share - Basic and Dilutive:		(0.00	)		(0.00	)		(0.00	)		(0.00	)
Weighted average number of shares outstanding; Basic and Diluted		298,007,767			259,210,960			298,007,767			259,211,789

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

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AF OCEAN INVESTMENT MANAGEMENT COMPANY

CONSOLIDATED STATEMENTS OF CASH FLOWS

	Three Month Period Ended March 31, (unaudited)
	Six Month Period Ended June 30,(unaudited)
	2016			2015
Cash Flows From Operating Activities
Net Income (Loss)	$	(2223,~~346~~050	)	$	(78162,~~449~~534	)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Stock Issued For Services		-			100
Depreciation and Amortization Expense		12,~~417~~834			12,~~416~~834
Changes in Operating Assets and Liabilities:
Escrow Funds held by Related Party		~~(346~~37,~~886~~941	)		~~(373~~397,~~223~~177	)
Accounts Receivable		(45,989	)		-
Accounts Payable		(816	)		(3,847	)
Accounts Payable		(785	)		(782	)
Interest on Note Receivable (Related Party)		(247	)		(156	)
Interest on Note Receivable (Related Party)		(155	)		(45	)
Other Current Assets		2,781			(3,755	)
Cash Due To Related Party		356,005			373,223
Deferred Revenue		-			20,480
Prepaid Expenses		(2,062	)		3,727
Cash Due To Related Party		(37,941	)		(397,177	)
Payroll Liabilities and Other Accrued Expenses		(1,407	)		(6,523	)
Prepaid Expenses		(10,531	)		(872	)
Total Adjustments		(39,862	)		(2,107	)
Payroll Liabilities and Other Accrued Expenses		(1,407	)		(10,605	)
Net cash (used in) provided by operating activities		(62,208	)		(80,556	)
Total Adjustments		(7,386	)		4,179
Net cash (used in) provided by operating activities		(30,436	)		(158,355	)
Cash Flows From Investing Activities
Purchase of property and equipment		-			-
Net cash (used in) provided by investing activities		-			-
Cash flows from financing activities
(Repayments to) advances from related parties		-4,000			(189,~~000~~500	)
Subscription Receivable		-			74,093
Net cash (used in) provided by financing activities		-4,000			5664,~~093~~593
Foreign Currency Gain (Loss)		~~1,467~~221			~~(72~~632	)
Net increase (decrease) in cash		(6026,~~741~~215	)		(2493,~~535~~130	)
Cash at beginning of year		60,741			247,478
Cash at end of year	$	-		$	222,943
Cash at end of period	$	34,526		$	154,348
Supplemental disclosures of cash flow information:
Cash paid during the year for:
Interest	$	-		$	-
NON-CASH DISCLOSURES
Non-cash financing activities	$	-		$	-

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

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AF OCEAN INVESTMENT MANAGEMENT COMPANY

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

For the ~~Three~~Six Month Period Ended ~~March~~June 3130, 2016 and 2015

NOTE 1. NATURE OF BUSINESS

Organization.

AF Ocean Investment Management Company was incorporated under the laws of the State of Florida on April 2, 2003. We have one wholly-owned subsidiary, AF Ocean Investment Management Company (Shanghai Ltd.) (the “"Subsidiary”"), which we acquired as of July 6, 2012. AF Ocean Investment Management Company (together with the Subsidiary, the “"Company”", “"AF Ocean”" “"our”" or “"we”") promotes business relations and exchanges between Chinese and U.S. companies, facilitating international mergers and acquisitions, and increasing co-operation between Chinese companies and Wall Street financial institutions. Our mission is to help Wall Street investors identify and work with respectable and reputable Chinese counterparts and companies and assist Chinese corporations to understand that the only way to benefit from the world’'s biggest capital market is through strict and consistent adherence to the rules and regulations that govern companies listed on U.S. stock exchanges. However, we are in the process of a strategic change in operations due to our acquisition in July 2014 of non-patented technology relating to a new energy electric vehicle based on electromagnetic induction (the “"Technology”"). We believe that our primary business enterprise going forward will be based on the Technology.

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation and Use of Estimates.

In the opinion of management, all adjustments consisting of normal recurring adjustments necessary for a fair statement of (a) the result of operations for the ~~three~~six month period ended ~~March~~June 3130, 2016 and 2015; (b) the financial position at ~~March~~June 3130, 2016; and (c) cash flows for the ~~three~~six month period ended ~~March~~June 3130, 2016 and 2015, have been made. Management believes that these estimates are reasonable and have been discussed with the Board of Directors; however, actual results could differ from those estimates. Operating results for the ~~three~~six month period ended ~~March~~June 3130, 2016 are not necessarily indicative of the results that may be expected for the year ended December 31, 2016.

The accompanying unaudited financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and in accordance with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. For further information regarding the Company's significant accounting policies, refer to the audited consolidated financial statements and footnotes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2015 filed with the Securities and Exchange Commission on April 14, 2016.

Cash and Cash Equivalents.

The majority of cash for our Subsidiary is maintained with a major financial institution in Shanghai, China. There are also funds held in the United States. Deposits with these banks may exceed the amount of insurance provided on such deposits. Generally, these deposits may be redeemed on demand and, therefore, bear minimal risk. The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. All amounts referenced in these financial statements and this report are in U.S. Dollars unless otherwise stated.

Property and Equipment.

Property and equipment is stated at cost. Depreciation is computed by the straight-line method over estimated useful lives. The carrying amount of all long-lived assets is evaluated periodically to determine if adjustment to the depreciation and amortization period or the unamortized balance is warranted. Based upon its most recent analysis, the Company believes that no impairment of property and equipment exists at ~~March~~June 3130, 2016.

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Foreign Currency Gain (Loss).

The Company addressed the effect of the exchange rate differences resulting from the translation of the consolidated financial statements of the Subsidiary into the consolidated corporate statements on the Balance Sheet with an Exchange rate ~~loss~~gain of ($~~1,467)~~221 during the ~~three~~six month period ended ~~March~~June 3130, 2016. The effect of the foreign currency translation is recorded in comprehensive income. The relative value of the Chinese CNY to the United States USD remained relatively constant during the ~~three~~six month period ended ~~March~~June 3130, 2016 ranging from .~~151~~1530 to .~~155~~1505, CNY to the USD.

Impairment of Long-lived Assets.

Long-lived assets such as property, equipment and identifiable intangibles are reviewed for impairment whenever facts and circumstances indicate that the carrying value may not be recoverable. When required, impairment losses on assets to be held and used are recognized based on the fair value of the asset. The fair value is determined based on estimates of future cash flows, market value of similar assets, if available, or independent appraisals, if required. If the carrying amount of the long-lived asset is not recoverable from its undiscounted cash flows, an impairment loss is recognized for the difference between the carrying amount and fair value of the asset. When fair values are not available, the Company estimates fair value using the expected future cash flows discounted at a rate commensurate with the risk associated with the recovery of the assets. We did not recognize any impairment losses for any periods presented.

Revenue Recognition.

Revenue from consulting and management services is recognized according to the terms of the consulting and management services agreements. Generally, consulting and management services revenue will be recognized over the term of the agreement. At times deposits or prepayments may result in deferred income which will be recognized into income as the services are performed. During the ~~three~~six month period ended ~~March~~June 3130, 2016 we had deferred income of $0.

Share-based Compensation.

The Company may issue stock options whereby all share-based payments to employees, including grants of employee stock options are recognized as compensation expense in the consolidated financial statements based on their fair values. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period). The Company had no common stock options or common stock equivalents granted or outstanding for all periods presented.

The Company accounts for stock-based instruments issued to employees in accordance with ASC Topic 718. ASC Topic 718 requires companies to recognize in the statement of operations the grant-date fair value of stock options and other equity based compensation issued to employees. The value of the portion of an award that is ultimately expected to vest is recognized as an expense over the requisite service periods using the straight-line attribution method. The Company accounts for non-employee share-based awards in accordance with the measurement and recognition provisions ASC Topic 505-50. The Company estimates the fair value of stock options at the grant date by using the Black-Scholes option-pricing model.

The Company may issue restricted stock for various business and administrative services. Cost for these transactions are measured at the fair value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. The value of the common stock is measured at the earlier of (i) the date at which a firm commitment for performance by the counterparty to earn the equity instruments is reached; or (ii) the date at which the counterparty’'s performance is complete.

Advertising.

Our advertising expenses are recognized as incurred. There was $25 marketing expenses during the ~~three~~six month period ended ~~March~~June 3130, 2016.

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Income Taxes.

The Company accounts for income taxes pursuant to the provisions of ASC 740-10, “"Accounting for Income Taxes,”" which requires, among other things, an asset and liability approach to calculating deferred income taxes. The asset and liability approach requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the carrying amounts and the tax bases of assets and liabilities. A valuation allowance is provided to offset any net deferred tax assets for which management believes it is more likely than not that the net deferred asset will not be realized.

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Earnings per Share.

In accordance with ASC 260-10, “"Earnings Per Share”", basic net earnings (loss) per common share is computed by dividing the net earnings (loss) for the period by the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per share are computed using the weighted average number of common and dilutive common stock equivalent shares outstanding during the period. Diluted earnings (loss) per share calculations are determined by dividing net income (loss) by the weighted average number of shares plus the effect of the dilutive potential common shares outstanding during the period using the treasury stock method.

Diluted income per share includes the dilutive effects of stock options, warrants, and stock equivalents. To the extent stock options, stock equivalents and warrants are anti-dilutive; they are excluded from the calculation of diluted income per share.

Segment Information.

In accordance with the provisions of ASC 280-10, “"Disclosures about Segments of an Enterprise and Related Information”", the Company is required to report financial and descriptive information about its reportable operating segments which meet the quantitative thresholds delineated. The Company has one reporting segment that does not meet any of the quantitative thresholds to require separate reporting. However, see Note 9 8 for limited disclosure.

Recent Accounting Pronouncements.

The Company reviews new accounting standards as issued. No new standards had any material effect on these consolidated financial statements. The accounting pronouncements issued subsequent to the date of these consolidated financial statements that were considered significant by management were evaluated for the potential effect on these consolidated financial statements. Management does not believe any of the subsequent pronouncements will have a material effect on these consolidated financial statements as presented.

NOTE 3. GOING CONCERN

The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As of ~~March~~June 3130, 2016, current assets exceeded current liabilities by $~~189~~191,~~490~~738. Total assets decreased from $876,995 at December 31, 2015 to $~~854~~814,~~314~~002 at ~~March~~June 3130, 2016, and total liabilities decreased from $357,838 at December 31, 2015 to $~~356~~317,~~036~~674 at ~~March~~June 3130, 2016.

We had revenue ~~from management services fees~~ of $67186,~~669~~404 and a net loss of ($2223,~~346~~050) for the ~~three~~six month period ended ~~March~~June 3130, 2016 as compared to revenue of $3894,~~100~~394 and a net loss of ($78162,~~449~~534) for the ~~three~~six month period ended ~~March~~June 3130, 2015. These factors raise substantial doubt about our ability to continue as a going concern for a reasonable period of time. The consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

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NOTE 4. PROPERTY & EQUIPMENT

Fixed Assets Summary

The following table provides the fixed assets and accumulated depreciation results for the Company and the Subsidiary for the ~~three~~six month period ended ~~March~~June 3130, 2016, as compared to the fiscal year ended December 31, 2015.

Fixed Assets Summary	March 31, 2016 (unaudited)			December 31, 2015 (audited)
	June 30, 2016(unaudited)			December 31, 2015(audited)
	2016			2015
Fixed Assets Summary	2016			2015
U.S. Fixed Assets	$	19,508		$	19,508
U.S. Accumulated Depreciation	$	(1415,~~608~~740	)	$	(13,476	)
Total U.S. Assets	$	43,~~890~~768		$	6,032
Foreign Subsidiary Fixed Assets	$	8,989		$	8,989
Foreign Subsidiary Accumulated Depreciation	$	(89,~~775~~060	)	$	(8,490	)
Total Foreign Subsidiary Assets	$	~~214~~(71	)	$	499
Total Combined Assets		53,~~114~~697			6,531

Assets are depreciated over their useful lives when placed in service. Depreciation expense was $12,~~417~~834 and $12,~~416~~834 for the ~~three~~six month period ended ~~March~~June 3130, 2016 and 2015, respectively.

NOTE 5. INTANGIBLE ASSETS

Intangible assets of $294,193 consist of business licenses in the Peoples’' Republic of China and goodwill acquired in an acquisition during 2012. Management has determined that these assets have unlimited lives and will not be amortized. The company reviews the intangible assets for impairment at the end of each year.

NOTE 6. RELATED PARTY TRANSACTIONS

OnAs ~~December~~of 23June 30, ~~2013~~2016, ~~the~~there ~~Subsidiary~~is ~~entered~~an ~~into~~outstanding arelated ~~management~~party ~~agreement~~receivable ~~with~~of ~~ChinAmerica~~$1,500, ~~Andy~~compared ~~Movie~~to ~~Entertainment Media Company~~$5,500 aat ~~Florida~~December ~~corporation (“ChinAmerica”)~~31, ~~for~~2015. ~~the~~Interest ~~collection~~accrued ~~and~~on ~~maintenance of all funds received in~~ the ~~People's~~related ~~Republic~~party ofreceivable ~~China~~is on$714 ~~behalf~~as of ~~ChinAmerica.~~June ~~All deposits received in China incur a management fee of ten percent (10%) due to the Subsidiary. As of March 31~~30, 2016~~, the current balance in the account held on behalf of ChinAmerica is $346,886~~.

~~Commencing~~As onof ~~May~~June 130, ~~2015,~~2016 ~~the~~there ~~Company~~is ~~renewed~~an ~~for~~outstanding ~~one~~receivable ~~year~~due ~~the agreement with ChinAmerica and Sichuan Leaders Petrochemical Company~~ to ~~provide management services. ChinAmerica pays~~ the Company ~~$20,000~~from ~~and~~a ~~Sichuan~~related ~~Leaders~~party ~~pays~~in the ~~Company~~amount of $111,~~996~~193 ~~per~~to ~~month~~handle ~~for~~ management and accounting related services including, ~~without limitation, preparing periodic and other reports required to be filed under~~ the ~~Securities Exchange Act of 1934, preparing financial reports,~~ bookkeeping, managing their websites, handling ~~previous~~ employee matters, and related governmental filings, ~~handling advertising matters, and~~ processing payables. Asand ~~of March 31, 2016, payments totaling $67,269 had been received from both companies for these management services~~payroll.

AsNOTE ~~of March 31, 2016, there is an outstanding related party receivable of $5,500, compared to $5,500 at December 31, 2015~~7. ~~Interest~~ ~~accrued~~STOCKHOLDERS' ~~on the related party receivable is $622 as of March 31, 2016.~~EQUITY

As of March 31, 2016 there is an outstanding receivable due to the Company from a related party in the amount of $11,193 to handle management and accounting related services including the bookkeeping, managing their websites, handling employee matters, and related governmental filings, processing payables and payroll. There is a second outstanding related party receivable in the amount of $5,500 as of March 31, 2016. On April 15, 2016 a payment was received on the $5,500 note receivable, leaving a balance of $1,500.

NOTE 7. STOCKHOLDERS’ EQUITY

Common Stock

As of ~~March~~June 3130, 2016 and December 31, 2015, the Company had 298,007,767 and 298,007,767 shares of common stock issued and outstanding, respectively.

810 Table of Contents

~~Table~~No ofshares ~~Contents~~were issued during the six month period ended June 30, 2016.

No shares were issued during the three month period ended March 31, 2016.

The Company has no options or warrants issued or outstanding.

Series A Convertible Preferred Stock

As of ~~March~~June 3130, 2016, the Company had 5,000,000 shares of Series A Convertible Preferred Stock issued and outstanding, reflecting no change since December 31, 2015.

NOTE 8. COMMITMENTS AND CONTINGENCIES

OnThe ~~December~~Subsidiary ~~23,~~and ~~2013,~~ChinAmerica ~~the~~Andy ~~Subsidiary~~Movie ~~entered~~Entertainment ~~into~~Media aCo. are negotiating new terms to the existing management agreement with ChinAmerica. ChinAmerica has operations' in China and ~~will~~receives bepayments ~~receiving payment~~ for such operations in China. Because China employs strict currency regulations that are designed to prevent large amounts of currency moving out of the country, ChinAmerica retained the Subsidiary to manage the money it receives from its Chinese operations. ~~All deposits received in China incur a management fee of ten percent (10%) due to the Subsidiary.~~ As of ~~March~~June 3130, 2016, the current balance in the account held on behalf of ChinAmerica is $~~346~~317,~~886~~674.

Commencing May 1, 2015, the Company renewed the management services agreement with ChinAmerica and Sichuan Leaders Petrochemical Company to provide management services for an additional year to both related parties. All of the revenue received during the ~~three~~six month period ended ~~March~~June 3130, 2016, totaling $67186,~~269~~004 was from management services fees paid by ChinAmerica and Sichuan.

The amounts and terms of the above transaction may not necessarily be indicative of the amounts and terms that would have been incurred had comparable transactions been entered into with independent third parties.

NOTE 9. SEGMENT REPORTING

The Company acquired one operating segment, the Subsidiary, during the third quarter of 2012. We intend to develop a provider of business services to Chinese individuals who have investments in U.S. companies. There was no revenue during the ~~three~~six month period ended ~~March~~June 3130, 2016. The following are the expenses attributed to the Subsidiary for the ~~three~~six month period ended ~~March~~June 3130, 2016. At this time, the operating segment does not meet any of the quantitative thresholds which would require separate reporting of its operations, however, management believes that the following information about the segment would be useful to readers of the consolidated financial statements.

AF Ocean Investment Management Company (Shanghai Ltd.) Segment	~~March~~June 3130, 2016 (unaudited)
Net income, (net loss)	$	(4375,~~360~~591	)
Total Assets (not including accumulated depreciation)	$	8,989

NOTE 10. SUBSEQUENT EVENTS

~~On April 15, 2016 a payment was received in the amount of $4,000 from a related party.~~ Management has evaluated subsequent events through ~~May~~August 165, 2016 the date the consolidated financial statements were available to be issued. Management is not aware of any other significant events that occurred subsequent to the balance sheet date that would have a material effect on the consolidated financial statements thereby requiring adjustment or disclosure.

911 Table of Contents

~~Table~~ITEM of1A. ~~Contents~~RISK FACTORS

~~ITEM~~Before 2you invest in our common stock, you should be aware that there are risks, as described below. ~~MANAGEMENT’S~~ ~~DISCUSSION~~You ~~AND~~should ~~ANALYSIS~~carefully OFconsider ~~FINANCIAL~~these ~~CONDITION~~risk ~~AND RESULTS~~factors OFtogether ~~OPERATIONS~~with all of the other information included in this prospectus before you decide to purchase shares of our common stock. Any of the following risks could adversely affect our business, financial condition and results of operations. We have incurred both profits and losses from inception while realizing our revenues and we may never generate substantially more revenues or be profitable in the future.

~~The~~Risks ~~following~~Relating ~~discussion~~to and analysis of financial condition and results of operations should be read in conjunction with our consolidated financial statements and related notes included elsewhere in this report. This discussion contains forward-looking statements that involve risks, uncertainties and assumptions. See “Cautionary Note Regarding Forward-Looking Statements.” Our ~~actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors discussed elsewhere in this report.~~Business

~~Overview~~Economic events have adversely impacted our business and ~~Going~~results ~~Concern~~of operations and may continue to do so.

AFMany ~~Ocean~~parts ~~Investment~~of ~~Management Company was incorporated under~~ the ~~laws~~world ofincluding the ~~State~~United ofStates ~~Florida~~and onChina ~~April~~are 2,still ~~2003.~~in Werecovery ~~have~~from ~~one~~the ~~wholly-owned~~recession ~~subsidiary,~~and AFwe ~~Ocean~~believe ~~Investment~~that ~~Management~~these ~~Company~~weak ~~(Shanghai~~general ~~Ltd.)~~economic ~~(the~~conditions ~~“Subsidiary”),~~will ~~which~~continue wethrough ~~acquired~~the asend of ~~July~~2016 6,and ~~2012.~~most AFlikely ~~Ocean~~beyond. ~~Investment~~The ~~Management~~ongoing ~~Company~~impacts ~~and~~of the ~~Subsidiary~~slow ~~are~~growing ~~hereinafter~~global ~~collectively~~economy ~~referred~~further toexacerbate ascurrent ~~the~~economic ~~“Company”,~~conditions ~~“we”~~that orimpact “our.” ~~We promote~~ business. ~~relations~~As ~~and~~the ~~exchanges~~economy ~~between~~struggles, ~~Chinese~~businesses ~~and~~may ~~U.S.~~become ~~companies,~~more ~~facilitating~~apprehensive ~~international~~about ~~mergers~~the economy and/or ~~acquisitions~~related factors, and ~~increasing~~may ~~co-operation~~reduce ~~between~~their ~~Chinese~~level ~~companies~~of ~~and~~spending ~~Wall~~on ~~Street~~retaining ~~financial~~outside ~~institutions~~consultants. ~~Our~~ ~~mission~~A isdecrease toin ~~help~~spending ~~Wall~~due ~~Street~~to ~~investors~~lower ~~identify~~business ~~and~~to ~~work~~business ~~with~~spending ~~respectable~~or ~~and~~a ~~reputable~~lack ~~Chinese~~of ~~counterparts~~confidence ~~and~~in ~~companies and assist Chinese corporations to understand that~~ the ~~only~~economy ~~way~~could toimpact ~~benefit from~~ the ~~world’s~~frequency ~~biggest~~with ~~capital~~which ~~market~~our ispotential ~~through~~clients ~~strict~~retain ~~and~~outside ~~consistent~~consultants ~~adherence~~thereby todecreasing ~~the~~our ~~rules~~revenues and ~~regulations~~negatively ~~that~~affecting ~~govern~~our ~~companies~~operating ~~listed on U~~results.S. ~~stock~~Additionally, ~~exchanges.~~we We believe wethere ~~can~~is ~~and~~a ~~will~~risk ~~continue~~that toif ~~do so during~~ the ~~next~~current ~~twelve~~weak ~~months.~~economic ~~However,~~conditions wepersist ~~are~~for ina ~~the~~long ~~process~~period of atime ~~strategic~~and ~~change~~become inmore ~~operations~~pervasive, ~~due~~businesses tomight ~~our~~make ~~acquisition in July 2014 of non~~long-~~patented~~lasting ~~technology~~changes ~~relating~~ to atheir ~~new~~budgets ~~energy electric vehicle based~~ on ~~electromagnetic~~a ~~induction~~more ~~(the~~permanent ~~“Technology”)~~basis. ~~We believe that our primary business enterprise going forward will be based on this Technology.~~

~~The~~Current ~~accompanying~~general ~~consolidated~~business ~~financial~~economic ~~statements~~conditions ~~have~~could ~~been~~reduce ~~prepared~~our onclient aavailability ~~going concern basis,~~ which ~~contemplates~~would ~~the~~have ~~realization~~an ofadverse ~~assets~~effect ~~and~~on ~~the~~our ~~satisfaction of liabilities in the normal course of business~~revenues. As of March 31, 2016, current assets exceeded current liabilities by $189,490. Total assets decreased from $876,995 at December 31, 2015 to $854,314 at March 31, 2016, and total liabilities increased from $357,838 at December 31, 2015 to $356,036 at March 31, 2016.

We ~~had~~are ~~revenue~~susceptible ~~from~~to ~~management~~economic ~~services~~slowdowns. ~~fees~~In ~~of $67~~particular,~~669~~ ~~and~~our business caters primarily to businesses that have a ~~net~~need ~~loss~~for outside consulting services. We believe that the majority of ~~($22,346)~~our ~~for~~revenues will be derived from businesses with the ~~three~~working ~~month~~capital ~~period~~to ~~ended~~retain ~~March~~our 31services. Accordingly, ~~2016~~we asbelieve ~~compared~~that our business is particularly susceptible to ~~revenue~~any offactors ~~$38,100~~that ~~and~~cause a ~~net~~reduction ~~loss~~in ofworking ~~($78~~capital. We also believe that companies generally are more willing to make discretionary decisions,~~449)~~ ~~for~~including the ~~three~~retention ~~month~~of ~~period~~outside ~~ended~~consultants, ~~March~~during ~~31,~~periods ~~2015.~~in ~~These~~which ~~factors~~favorable ~~raise~~economic ~~substantial~~conditions ~~doubt~~prevail. ~~about~~The ~~our~~changes ~~ability~~in toworking ~~continue~~capital, as a ~~going~~result ~~concern~~of ~~for~~the acurrent ~~reasonable~~economic ~~period~~slowdown ofand ~~time~~reduction in consumer confidence will adversely affect our revenues.

The ~~ability~~future toperformance ~~continue~~of asthe aU.S. ~~going~~economy ~~concern~~and isglobal ~~dependent~~economies ~~upon~~are usuncertain ~~generating~~and ~~profitable~~are ~~operations~~directly inaffected ~~the~~by ~~future~~numerous global and~~/or~~ ~~obtaining~~national ~~the~~factors, ~~necessary~~in ~~financing~~addition to ~~meet~~other factors that are beyond our ~~obligations~~control. These factors, which also affect discretionary consumer spending, include among other items, international, national, regional and ~~repay~~local ~~our~~economic ~~liabilities~~conditions, ~~arising~~disposable ~~from~~consumer ~~normal~~income, ~~business~~consumer ~~operations~~confidence, ~~when~~terrorist ~~they~~attacks ~~come~~and ~~due.~~the NoUnited ~~assurance~~States' ~~can~~participation bein ~~given~~military actions. We believe that wethese ~~will~~factors have adversely impacted our business and, should these conditions continue, worsen or be ~~successful~~perceived to be worsening or should similar conditions occur in ~~these~~the ~~efforts~~future, we would expect them to continue to adversely impact our business.

InThere ~~the event we~~ are ~~unable~~factors toboth ~~generate~~within ~~sufficient~~and ~~funds~~without ~~to continue~~ our ~~business~~control ~~efforts~~that orcan ifcause weour ~~are~~results pursued by a larger company for a business combination, we will analyze all strategies to continue the Company and maintain or increase shareholder value. Under these circumstances, we would consider a merger, acquisition, joint venture, strategic alliance, a roll-up, or other business combination for the purposes of ~~continuing~~operations ~~the business and maintaining or increasing shareholder value. Management believes its responsibility~~ to ~~maintain~~fluctuate ~~shareholder value is of paramount importance, which means we should consider the aforementioned alternatives in the event funding is not available on favorable terms to us when needed~~significantly.

10A number of factors have historically affected, and will continue to affect, our company's revenue including, among other factors:

~~Table~~· ofour ~~Contents~~ability to execute our business strategy effectively; · competition; · business trends; and · general international, national, regional and local economic conditions.

~~Results~~12 Table of ~~Operations~~Contents

~~Three~~Our ~~Month~~results ~~Period~~of ~~Ended~~operations ~~March~~and ~~31,~~revenues ~~2016~~could ~~and~~be ~~2015~~adversely affected by our inability to expand our company operations.

~~The~~There ~~following~~are ~~table~~factors ~~provides~~which amay ~~comparison~~impact the amount of atime ~~summary~~and money required for the expansion of our ~~results~~company ~~for~~business, ~~three~~including ~~month~~but ~~period~~not ~~ended~~limited ~~March~~to, 31business working capital, ~~2016~~include among other items, international, national, regional and ~~2015~~local economic conditions, consumer confidence, terrorist attacks and the United States' participation in military actions.

	Three Months Ended March 31, (unaudited)
	2016			2015			% Change
Revenue From Operations	$						$
Management Fee U.S. – Related Party		67,269			38,100			-77	%
Consulting Fee Income		400			-			100	%
Total Revenue		67,669			38,100			-78	%
Expenses
General and Administrative Expenses	$	88,782		$	115,273			-8	%
Depreciation and amortization	$	1,417		$	1,417			0	%
Total Expenses		90,199			116,690			-8	%
Income (Loss) From Operations	$	(22,530	)	$	(78,590	)		-72	%
Interest Expense	$	-		$	-			0	%
Interest Income (Shanghai & US)	$	184		$	141			30	%
Total Other Income (Expense), net	$	184		$	141			30	%
Net Income (Loss)		(22,346	)		(78,449	)		-72	%
Foreign Currency Gain (Loss)	$	(1,467	)	$	(72	)		1938	%
Comprehensive Income	$	(23,813	)	$	(78,521	)		-70	%
Income (Loss) Per Share: Basic and Diluted	$	(0.00	)	$	(0.00	)

Our growth depends on our ability to expand and operate profitably.

~~Revenue~~Our ~~From~~ability ~~Operations. For the three month period ended March 31, 2016, total revenue was $67,669 as compared~~ to ~~$38,100~~expand for the three month period ended March 31, 2015. Loss from operations was ($22,530) for the three month period ended March 31, 2016 as compared to ($78,590) for the three month period ended March 31, 2015. The decrease in revenue is ~~attributable~~dependent toupon ana ~~absence~~number of ~~employment contracts and the reduction in management fees paid by ChinAmerica for management services in Shanghai during three month period ended March 31~~factors, ~~2016.~~some ~~All~~ of ~~our~~which ~~revenue~~are ~~for~~beyond ~~the~~our ~~three month period ended March 31~~control, ~~2016~~including ~~was~~but ~~from~~not ~~management~~limited ~~services fees paid by ChinAmerica and Sichuan Leaders Petrochemical Company (“Sichuan”) in the U.S, except $400 related~~ to ~~consulting~~our ~~fees~~ability to: ~~an unrelated party. We received the $67,269 from ChinAmerica and Sichuan in connection with management services agreements.~~

~~Expenses.~~· ~~Total~~develop ~~expenses decreased~~additional bysources ~~$26,491~~of tomarketing ~~$90~~that are within our budgetary constraints; · raise,~~199~~ ~~for~~borrow ~~the~~or ~~three~~have ~~month~~available ~~period~~an ~~ended~~adequate ~~March~~amount ~~31,~~of ~~2016~~money asfor ~~compared~~expansion tocosts; ~~$116~~· hire,~~690~~ ~~for~~train and retain the ~~three~~skilled ~~month~~management ~~period~~and ~~ended~~other ~~March~~employees ~~31,~~necessary ~~2015.~~to ~~The~~meet ~~decrease~~staffing ~~was~~needs ~~directly~~in ~~attributable~~a totimely manner; · successfully promote our business and compete in the ~~legal~~consulting ~~fees~~market.

~~Net~~Our ~~Income~~existing ~~(Loss).~~personnel, Asmanagement asystems, ~~result~~financial ofcontrols, ~~the~~information ~~decrease~~systems inand ~~legal~~other ~~fees~~systems ~~explained above,~~ and ~~decrease~~procedures inmay ~~revenues,~~be ~~our~~inadequate ~~net loss decreased by $56,103~~ to ~~($22,346)~~support ~~for~~any ~~the three month period ended March 31~~expansion, ~~2016~~which ascould ~~compared~~require us to ~~($78,449)~~incur ~~for~~substantial ~~the~~expenditures ~~three~~that ~~month~~could ~~period~~adversely ~~ended~~affect ~~March~~our ~~31,~~operating ~~2015~~results.

11Our company may not be able to compete successfully with other consulting firms and, as a result, we may not achieve our profitability.

~~Table~~Our industry is intensely competitive with respect to price and quality of ~~Contents~~service. We compete with national and regional firms as well as independently owned small to medium size business consulting firms. Compared to our business, our competitors may have greater financial and other resources, have been in business longer, have greater name recognition and be better established in the market where our business is located.

~~Liquidity~~Our ~~and~~success ~~Capital~~depends ~~Resources~~in part upon the continued use of outside consulting firms by businesses.

~~General.~~Shifts Asin ofbusiness ~~March~~preferences ~~31,~~away ~~2016,~~from ~~there~~outside isconsulting anservices ~~additional~~could ~~$9,119~~materially ~~that~~adversely isaffect ~~due~~our tooperating ~~“funds~~results. ~~held~~The byconsulting ~~related~~industry ~~party”~~is ascharacterized ~~compared~~by tothe ~~cash~~continual ~~and~~introduction ~~cash equivalents~~ of ~~$60,741~~new asconcepts ofand ~~March~~is ~~31,~~subject ~~2015.~~to Werapidly ~~have~~changing ~~met~~business ~~our cash needs through consulting and management services fees~~preferences. Our ~~cash~~success ~~requirements~~depends ~~are~~in ~~generally~~part ~~for~~on ~~professional services and general and administrative activities. We do not believe that~~ our ~~cash~~ability ~~balance~~to ~~and~~anticipate ~~expected consulting~~ and ~~management~~respond ~~services fees are sufficient~~ to ~~finance~~changing ~~our~~business ~~cash requirements for expected operational activities going forward, and therefore we will require additional funding through either loans or the sale of equity, or both~~preferences.

~~Operating~~Continued ~~Activities.~~expansion ~~Our~~by ~~operating~~our ~~activities~~competitors ~~used~~in ~~cash of ($62,208) for~~ the ~~three~~consulting ~~month~~services ~~period~~industry ~~ended~~could ~~March~~prevent ~~31,~~us ~~2016~~from asrealizing ~~compared~~anticipated tobenefits ~~cash~~from ~~used~~growth ofin ~~($80,556)~~our ~~for~~company ~~the three month period ended March 31, 2015~~revenue.

~~Investing~~Our ~~Activities.~~competitors ~~Our~~have ~~investing~~commenced ~~activities~~operations ~~provided~~overseas ~~cash~~in many of $0the geographical locations that we are targeting and a key element of our strategy is to expand our sales in these markets. If we overestimate demand for services or underestimate the ~~three~~popularity ~~month~~of ~~period~~our ~~ended~~competitors' ~~March~~services, 31we may be unable to realize anticipated revenues from expansion into other markets. Similarly, ~~2016~~if one or more of our competitors open new offices in our existing markets, asrevenues ~~compared~~in our company may be lower than we expect. Any unanticipated slowdown in demand due to ~~cash~~industry ~~used~~growth ofor $0other ~~for~~factors ~~the~~could ~~three~~reduce ~~month~~our ~~period~~revenue ~~ended~~and ~~March~~results 31of operations, ~~2015~~which could cause our revenue to decline substantially.

~~Financing~~13 ~~Activities.~~Table ~~Our financing activities provided cash~~ of ~~$0 for the three month period ended March 31, 2016 as compared to cash used of $56,093 for the three month period ended March 31, 2015.~~Contents

~~Cash~~Material ~~Flow. The~~weaknesses ~~following~~in ~~table~~our ~~provides~~financial areporting ~~summary~~may ofcause us to restate our ~~cash~~financial ~~flows~~statements ~~for~~in the ~~three~~event ~~month~~we ~~period~~discover ~~ended~~such ~~March~~weaknesses ~~31,~~and ~~2016~~are ~~and~~determined ~~2015~~to not be acceptable to financial reporting requirements.

	Three Month Ended March 31, (unaudited)
	2016			2015
Cash used in operating activities	$	(62,208	)	$	(80,556	)
Cash used in investing activities		-			-
Cash (used in) provided by financing activities		-			56,093
Foreign currency (loss) gain		1,467			(72	)
Net increase (decrease) in cash	$	(60,741	)	$	(24,535	)

We have the responsibility to review the internal controls over financial accounting. During this review material we may discover material weaknesses that could cause us to have to restate our financial statements. This could cause us to expend additional funds that would have a material impact on our ability to generate profits and on the profits of past operations.

~~Income~~Taxing ~~Taxes~~authorities may select to audit our federal, state and/or local tax returns from time to time, which may result in tax assessments and penalties that could have an adverse effect on our results of operations and financial condition.

AtWe ~~this~~are ~~time~~subject ~~there is not an income tax expense~~ to ~~report. However~~federal, atstate ~~the end of each fiscal quarter we evaluate income tax liability under the asset~~ and ~~liability~~local ~~method,~~taxes ~~which~~in ~~requires~~ the ~~recognition~~U.S. ofAlthough ~~deferred~~we ~~tax~~believe ~~assets~~that ~~and~~our ~~liabilities for the expected future~~ tax ~~consequences~~reporting ofis ~~events that have been included in the consolidated financial statements. Under this method~~reasonable, ~~deferred~~if ~~tax~~any ~~assets~~taxing ~~and~~authority ~~liabilities~~disagrees ~~are~~with ~~determined~~the ~~based~~positions ontaken ~~temporary~~by ~~differences between~~ the ~~consolidated~~Company ~~financial~~on ~~statements~~its ~~and~~ tax ~~basis~~returns, ofwe ~~assets~~could ~~and~~have ~~liabilities~~additional ~~using enacted~~ tax ~~rates~~liabilities, inincluding ~~effect~~interest ~~for~~and ~~the~~penalties, ~~year in~~ which, ~~the~~if ~~differences~~material, ~~are~~could ~~expected~~have toan ~~reverse.~~adverse ~~The~~impact ~~effect of a change in tax rates~~ on ~~deferred~~our ~~tax~~results ~~assets~~of operations and ~~liabilities~~financial ~~is recognized in income in the period that includes the enactment date~~condition.

WeIncreases ~~record~~in ~~net deferred tax assets to~~ the ~~extent~~prices ~~we believe these assets will more likely than not be realized. In making such determination, we consider all available positive and negative evidence, including future reversals~~ of ~~existing~~labor ~~taxable~~could ~~temporary~~reduce ~~differences,~~our ~~projected~~operating ~~future~~margins ~~taxable income, tax planning strategies~~ and ~~recent financial operations. In the event we were to determine that we would be able to realize~~ our ~~deferred income tax assets in the future in excess of their net recorded amount, we would make an adjustment to the valuation allowance, which would reduce the provision for income taxes~~revenues.

~~Impairment~~We will have the need to hire additional qualified personnel in the future and the cost of ~~Long-lived~~these ~~Assets~~individuals may be higher than anticipated due to demand from competitors. Our labor costs will represent a large portion of our gross revenues. If the cost of labor increases in the future and we choose not to pass, or cannot pass, these increases on to our clients, our operating margins would decrease, perhaps materially.

~~Long-lived~~Our ~~assets~~operating ~~such~~results ~~as property, equipment and identifiable intangibles are reviewed for impairment whenever facts and circumstances indicate that the carrying value~~ may ~~not~~fluctuate besignificantly ~~recoverable.~~due ~~When required impairment losses on assets~~ to beeconomic ~~held~~conditions ~~and~~that ~~used~~make ~~are~~it ~~recognized~~more ~~based~~difficult on the fair value of the asset. The fair value is determined based on estimates of future cash flows, market value of similar assets, if available, or independent appraisals, if required. If the carrying amount of the long-lived asset is not recoverable from its undiscounted cash flows, an impairment loss is recognized for ~~the~~us ~~difference~~to ~~between~~predict ~~the~~accurately ~~carrying amount~~ and ~~fair~~address ~~value~~in ofa ~~the~~timely ~~asset.~~manner ~~When~~factors ~~fair~~that ~~values~~may ~~are~~have ~~not available, we estimate fair value using the expected future cash flows discounted at~~ a ~~rate~~negative ~~commensurate~~impact ~~with~~on ~~the~~our ~~risk associated with the recovery of the assets~~business. ~~We did not recognize any impairment losses for any periods presented.~~

12Our business is subject to economic fluctuations that may vary greatly depending upon the national and international business climate. These fluctuations can make it more difficult for us to predict accurately and address in a timely manner factors that may have a negative impact on our business. Accordingly, results for any one quarter are not necessarily indicative of results to be expected for any other quarter or for any year

~~Table~~Our results of ~~Contents~~operations are affected by a variety of factors, including decreasing stock markets and have fluctuated significantly in the past and can be expected to continue to fluctuate significantly in the future while the recession continues.

~~Inflation~~ We anticipate that our results of operations will fluctuate significantly and can be expected to continue to fluctuate significantly in the future. Our results of operations are affected by a variety of factors, including:

~~Inflation~~· ~~does~~the ~~not~~timing ~~materially~~of ~~affect~~office ~~our~~openings by competitors; · changes in business orto ~~the~~business ~~results~~preferences; of· general economic conditions; · stock market conditions; and · actions by our ~~operations~~competitors.

~~Off-Balance~~14 ~~Sheet~~Table ~~Arrangements~~of Contents

WeNegative dofactors ~~not~~or ~~have~~publicity ~~any~~surrounding ~~off-balance~~our ~~sheet~~business ~~arrangements~~or the consulting industry generally could adversely affect business decisions, which could reduce our sales and make our brand less valuable.

~~Critical~~It ~~Accounting~~is ~~Policies~~our belief that our competitive strengths include the quality of our personnel and their skills. Therefore we believe that adverse publicity relating to our company and its personnel or other similar concerns affects us more than it would competitors that compete primarily on other factors. Any shifts in business preferences away from the kinds of services we offer would make our firm less appealing and adversely affect our revenues.

We ~~prepare~~may ~~our~~incur ~~consolidated~~additional ~~financial~~costs ~~statements~~or in accordance with generally accepted accounting principles of the United States (“GAAP”). GAAP represents a comprehensive set of accounting and disclosure rules and requirements. The preparation of our consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, ~~the disclosure of contingent assets~~ and ~~liabilities~~lose atrevenues ~~the~~impacting ~~date~~operating ofresults ~~the~~as ~~consolidated~~a ~~financial~~result ~~statements, and the reported amounts~~ of ~~revenues~~litigation and ~~expenses~~government ~~during~~regulation ~~the~~affecting ~~reporting period. Our actual results could differ from those estimates. We use historical data to assist in~~ the ~~forecast~~operation of our ~~future results. Deviations from our projections are addressed when our financials are reviewed on a monthly basis. This allows us to be proactive in our approach to managing our~~ business. ~~It also allows us to rely on proven data rather than having to make assumptions regarding our estimates.~~

~~Management~~Our ~~does~~business is not ~~believe~~subject ~~that~~to ~~our~~extensive ~~actual~~federal, ~~results~~state, ~~are~~and ~~related~~local togovernment ~~any~~regulation. ~~sensitivity~~To inthe ~~estimates~~extent ~~made~~that bynew ~~management.~~governmental ~~The~~regulations ~~year-end~~impose ~~consistency~~material ofadditional ~~our~~obligations ~~results~~on ~~has~~us, ~~shown~~it ~~that~~could ~~our~~cause ~~prior~~us ~~year’s~~to ~~historical~~increase ~~data is~~ the ~~best~~fees ~~projector~~we ofcharge our ~~future results~~clients.

~~Recent~~The ~~Accounting~~costs ~~Pronouncements~~of operating our business may increase if there are changes in laws governing minimum hourly wages, working conditions, overtime, health care, workers' compensation insurance rates, unemployment tax rates, sales taxes or other laws and regulations such as those governing access for the disabled, including the Americans with Disabilities Act. If any of these costs were to increase and we were unable to offset the increase by increasing our prices or by other means, this could have a material adverse effect on our business and results of operations.

WeThe ~~have~~failure ~~reviewed~~to ~~all~~enforce ~~the~~and ~~recently~~maintain ~~issued,~~our ~~but~~intellectual ~~not~~property ~~yet~~rights ~~effective,~~could ~~accounting~~enable ~~pronouncements~~others ~~and~~to weuse donames ~~not~~confusingly ~~believe~~similar ~~any~~to ofAF ~~these~~Ocean ~~pronouncements~~Investment ~~will~~Management ~~have~~Company aand ~~material~~other ~~impact~~names onand ~~our~~marks ~~consolidated~~used ~~financial~~by ~~statements~~us, which could adversely affect the value of the Ocean's brand.

~~ITEM~~We 3have not registered the "AF Ocean" mark used by our company as a trade name in Florida or any state or the United States Patent and Trademark Office. ~~QUANTITATIVE~~ ~~AND~~The ~~QUALITATIVE~~success ~~DISCLOSURES~~of ~~ABOUT~~our ~~MARKET~~business ~~RISK~~depends on our continued ability to use our existing trade name in order to increase our brand awareness. In that regard, we believe that our trade name is valuable asset that is critical to our success. The unauthorized use or other misappropriation of our trade name could diminish the value of our business and may cause a decline in our revenue.

~~The~~Any ~~company~~new ~~does~~indebtedness ~~not~~may ~~own~~adversely ~~any~~affect ~~market~~our ~~sensitive~~ financial ~~instruments~~condition, ~~subject~~results toof ~~market~~operations, ~~risk~~limit asour ~~identified~~operational inand ~~Reg~~financing ~~S-K,~~flexibility ~~Item~~and ~~305~~negatively impact our business.

~~ITEM~~Any ~~4. CONTROLS~~revolving ~~AND~~credit ~~PROCEDURES~~facility, and other debt instruments we may enter into in the future, may have negative consequences to the Company, including but not limited to the following:

~~Disclosure~~· ~~Controls~~our ability to obtain financing for working capital, capital expenditures, acquisitions or general corporate purposes may be impaired; · we may use a substantial portion of our cash flows from operations to pay interest on any new indebtedness, which will reduce the funds available to us for operations and ~~Procedures~~other purposes; · our level of indebtedness could place us at a competitive disadvantage compared to our competitors that may have proportionately less debt; · our flexibility in planning for, or reacting to, changes in our business and the industry in which we operate may be limited; and · our level of indebtedness may make us more vulnerable to economic downturns and adverse developments in our business.

We ~~maintain~~expect ~~disclosure~~that ~~controls~~we ~~and~~will ~~procedures~~depend ~~(as~~primarily ~~defined~~upon inour ~~Rule~~operations ~~13a-15(e)~~to ~~under~~provide ~~the~~funds ~~Exchange Act) that are designed~~ to ~~ensure~~pay ~~that~~our ~~information~~expenses ~~required~~and to bepay ~~disclosed~~any inamounts ~~our~~that ~~reports~~may ~~filed~~become due under ~~the~~any ~~Exchange~~new ~~Act~~credit isfacility ~~recorded,~~and ~~processed,~~any ~~summarized~~other ~~and~~indebtedness ~~reported~~we ~~within~~may ~~the~~incur. ~~time~~Our ~~periods~~ability ~~specified~~to inmake ~~SEC~~these ~~rules~~payments ~~and~~depends ~~forms~~on ~~and~~our ~~that~~future ~~such~~performance, ~~information~~which iswill ~~accumulated~~be ~~and~~affected ~~communicated~~by tovarious ~~our~~financial, ~~management~~business, aseconomic ~~appropriate,~~and toother ~~allow~~factors, ~~timely~~many ~~decisions~~of ~~regarding~~which ~~required~~we ~~disclosure~~cannot control.

With respect to the period ending March 31, 2016, under the supervision and with the participation of our management, we conducted an evaluation of the effectiveness of the design and operations of our disclosure controls and procedures, as defined in Rules 13a-15~~(e)~~ ~~and~~Table ~~15d-15(e) promulgated under the Securities Exchange Act~~ of ~~1934.~~Contents

13We depend on the services of key a key executive, the loss of whom could materially harm our business and our strategic direction if we were unable to replace them with executives of equal experience and capabilities.

~~Table~~Our senior executive, Andy Fan is important to our success because he is instrumental in setting our strategic direction, operating our business, identifying, recruiting and training key personnel, identifying expansion opportunities and arranging any necessary financing. Losing the services of ~~Contents~~Mr. Fan could adversely affect our business until a suitable replacement could be found. We do not maintain key person life insurance policies on any of our executives.

~~Based~~We ~~upon~~expect our evaluation regarding the period ending March 31, 2016, the Company’s management, including its Principal Executive Officer and Principal Financial Officer, has concluded that its disclosure controls and procedures were not effective due to ~~the~~incur ~~Company’s~~substantial ~~limited~~expenses ~~internal resources and lack of ability~~ to ~~have~~meet ~~multiple~~our ~~levels~~reporting ofobligations ~~transaction~~as ~~review. Material weaknesses noted are lack of an audit committee, lack of~~ a ~~majority~~public ofcompany. ~~outside~~In ~~directors on the board of directors~~addition, ~~resulting~~failure into ~~ineffective~~maintain ~~oversight~~adequate infinancial ~~the establishment~~ and ~~monitoring~~management ofprocesses ~~required internal controls~~ and ~~procedures; and management is dominated by two individuals, without adequate compensating~~ controls. ~~However,~~could ~~through~~lead ~~the~~to ~~review~~errors ~~process,~~in ~~management~~our ~~believes that the~~ financial ~~statements~~reporting and ~~other~~could ~~information~~harm ~~presented~~our ~~herewith~~ability ~~are~~to ~~materially~~manage ~~correct~~our expenses.

~~The~~Reporting ~~Company’s~~obligations ~~disclosure~~as ~~controls~~a ~~and~~public ~~procedures~~company are ~~designed~~likely to ~~provide~~place ~~reasonable~~a ~~assurance~~considerable ofstrain ~~achieving~~on ~~their~~our ~~objectives. However~~financial and management systems, ~~the~~processes ~~Company’s~~and ~~management~~controls, ~~including~~as ~~its~~well ~~Principal~~as ~~Executive~~on ~~Officer~~our ~~and~~personnel. ~~Principal~~We ~~Financial~~estimate ~~Officer~~that it will cost approximately $106,000 ~~does~~annually ~~not~~to ~~expect~~maintain ~~that~~the ~~its~~proper ~~disclosure~~management and financial controls ~~and~~for ~~procedures~~our ~~will~~filings ~~prevent~~including ~~all~~the ~~error~~services of our auditor and ~~all~~counsel ~~fraud~~firms. A ~~control~~As ~~system~~well as our SEC filing fees, noincluding ~~matter~~the ~~how~~listings ~~well~~with ~~conceived~~OTCBB, and ~~operated~~OTC Markets In addition, ~~can~~as ~~provide~~a ~~only~~public ~~reasonable~~company we are required to document and test our internal controls over financial reporting pursuant to Section 404 of the Sarbanes-Oxley Act of 2002, ~~not~~or ~~absolute~~the Sarbanes-Oxley Act, ~~assurance~~so that our management can certify as to the ~~objectives~~effectiveness of our internal controls and our independent registered public accounting firm can render an opinion on the ~~control~~effectiveness ~~system~~of ~~are~~our ~~met. Further~~internal controls over financial reporting, which requires us to document and test the design and operating effectiveness of aour ~~control~~internal ~~system~~controls ~~must~~over ~~reflect~~financial reporting. If our management is unable to certify the ~~fact~~effectiveness ~~that~~of ~~there~~our ~~are~~internal ~~resource~~controls ~~constraints,~~or ~~and~~if our independent registered public accounting firm cannot render an unqualified opinion on the ~~benefit~~effectiveness of our internal controls ~~must~~over befinancial ~~considered~~reporting, ~~relative~~or if material weaknesses in our internal controls are identified, or if we fail to ~~their~~comply ~~costs. Because~~with ofother obligations imposed by the ~~inherent~~Sarbanes-Oxley ~~limitations~~Act inrules ~~all~~relating ~~control~~to ~~systems~~corporate governance matters, nowe ~~evaluation~~could be subject to regulatory scrutiny and a loss of ~~controls~~public ~~can~~confidence, ~~provide~~which ~~absolute~~could ~~assurance~~have ~~that~~a ~~all~~material ~~control~~adverse ~~issues~~effect on our business and ~~instances~~our ofstock ~~fraud~~price. In addition, if ~~any~~we do not maintain adequate financial and management personnel, ~~within~~processes ~~the~~and ~~Company~~controls, ~~have~~we ~~been~~may ~~detected~~not be able to accurately report our financial performance on a timely basis, which could cause a decline in our stock price and adversely affect our ability to raise capital.

~~Changes~~We indo ~~Internal~~not ~~Control~~have ~~over~~current ~~Financial~~insurance ~~Reporting~~policies that may provide adequate levels of coverage against claims and we may incur losses without such insurance.

~~There~~We ~~were~~do nonot ~~changes~~maintain ininsurance ~~our~~coverage ~~internal~~that ~~control~~is ~~over~~customary ~~financial~~for ~~reporting~~businesses ~~that~~of ~~occurred~~our ~~during~~size ~~our~~and ~~most~~type. ~~recently~~However, ~~completed~~there ~~fiscal~~are ~~quarter~~types of losses we may incur that ~~has~~cannot ~~materially~~be ~~affected,~~insured against or that we believe are ~~reasonably~~not ~~likely~~commercially reasonable to ~~materially~~insure. ~~affect~~For example, we believe that insurance covering liability for violations of wage and hour laws is generally not available. These losses, if they occur, could have a material adverse effect on our ~~internal~~business ~~control~~and ~~over~~results ~~financial~~of ~~reporting~~operations.

14Risks Relating to our Common Stock

~~Table~~Our future results may vary significantly in the future which may adversely affect the price of ~~Contents~~our common stock.

~~PART~~It IIis –possible ~~OTHER~~that ~~INFORMATION~~our quarterly revenues and operating results may vary significantly in the future and that period-to-period comparisons of our revenues and operating results are not necessarily meaningful indicators of the future. You should not rely on the results of one quarter as an indication of our future performance. It is also possible that in some future quarters, our revenues and operating results will fall below our expectations or the expectations of market analysts and investors. If we do not meet these expectations, the price of our common stock may decline significantly.

~~ITEM~~We 1do not anticipate paying cash dividends for the foreseeable future, and therefore investors should not buy our stock if they wish to receive cash dividends. ~~LEGAL~~ ~~PROCEEDINGS~~

WeNo ~~were~~dividends ~~not~~have ~~subject~~been declared in the current year as well as during 2015 and 2014. Since our reclassification to a "C" corporation we have not paid any ~~legal~~cash ~~proceedings~~dividends ~~during~~or ~~the~~distributions ~~three~~on ~~months~~our ~~ended~~capital ~~March~~stock. ~~31,~~We ~~2016,~~currently ~~nor~~intend to ~~the~~retain ~~best~~our offuture ~~our~~earnings ~~knowledge~~to support operations and ~~belief~~to ~~are~~finance expansion and therefore we do not anticipate paying any ~~threatened~~cash ordividends ~~pending~~on our common stock in the foreseeable future.

~~ITEM~~16 ~~2. UNREGISTERED~~Table ~~SALES~~of ~~OF EQUITY SECURITIES AND USE OF PROCEEDS~~Contents

WeIf ~~did~~we ~~not~~fail ~~sell~~to ~~any~~continue ~~unregistered~~to ~~equity~~comply ~~securities~~with ~~during~~ the ~~three~~listing ~~months~~requirements ~~ended~~of ~~March~~the 31OTCBB, ~~2016~~the price of our common stock and our ability to access the capital markets could be negatively impacted.

~~ITEM~~Our 3common stock is currently listed on the OTCBB and the OTC Markets. ~~DEFAULTS~~ ~~UPON~~We ~~SENIOR~~are ~~SECURITIES~~subject to certain continued listing standards. We cannot provide any assurance that we will be able to continue to satisfy the requirements of the OTCBB's and the OTC Market's continued listing standards. A delisting of our common stock could negatively affect the price and liquidity of our common stock and could impair our ability to raise capital in the future.

NoOur ~~senior~~stock ~~securities~~price ~~were~~will ~~issued~~be ~~and~~extremely ~~outstanding during the three months ended March 31, 2016~~volatile.

~~ITEM~~The 4trading price of our common stock will be subject to wide fluctuations in response to announcements of our business developments or those of our competitors, quarterly variations in operating results, and other events or factors. ~~MINE~~ ~~SAFETY~~In ~~DISCLOSURES~~addition, stock markets have experienced extreme price volatility in recent years. This volatility has had a substantial effect on the market prices of companies, at times for reasons unrelated to their operating performance. Such broad market fluctuations may adversely affect the price of our stock.

~~Not~~Because ~~applicable~~we tocan issue additional shares of common stock, purchasers of our ~~Company~~common stock may incur immediate dilution and experience further dilution.

~~ITEM~~We 5are authorized to issue up to 500,000,000 shares of common stock, of which 298,007,767 shares of common stock are issued and outstanding as of June 30, 2016. ~~OTHER~~ ~~INFORMATION~~Our board of directors has the authority to cause us to issue additional shares of common stock, and to determine the rights, preferences and privileges of such shares, without consent of any of our stockholders. Consequently, the stockholders may experience more dilution in their ownership of our stock in the future.

~~None~~Since our securities are subject to penny stock rules you may have difficulty selling your shares.

~~ITEM~~Our 6shares of common stock are "penny stocks" and are covered by Section 12(g) of the 1934 Securities and Exchange Act which imposes additional sales practices which requires broker/dealers who sell AF Ocean Investment management Company's securities including the delivery of a standardized disclosure document; disclosure and confirmation of quotation prices; disclosure of compensation the broker/dealer receives; and furnishing monthly account statements. ~~EXHIBITS~~ For sales of our securities a broker/dealer must make a special suitability determination and receive from its customer a written agreement prior to making a sale. The imposition of the foregoing additional sales practices could adversely affect a shareholder's ability to dispose of his stock.

Exhibit No.	Description
3.1	Amended and Restated Articles of Incorporation *
3.2	Articles of Amendment to Articles of Incorporation **
3.3	Articles of Amendment to Articles of Incorporation ***
3.4	Articles of Amendment to Articles of Incorporation ****
3.5	Bylaws *
31	Certification of Principal Executive Officer and Principal Financial Officer filed pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 Filed herewith
32	Certification of Chief Executive Officer and Chief Financial Officer furnished pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 Furnished herewith
101	Consolidated financial statements for the quarterly report on Form 10-Q of AF Ocean Investment Management Company for the fiscal quarter ended March 31, 2016, formatted in XBRL: (i) the Consolidated Balance Sheets; (ii) the Consolidated Statements of Operations and Comprehensive Income; (iii) the Consolidated Statements of Cash Flows; and (iv) the Notes to Consolidated Financial Statements Filed herewith

Our Amended and Restated Articles of Incorporation provide for one class of blank check preferred stock solely at the discretion of the Board of Directors.

* IncorporatedOur ~~herein~~Board of Directors may, at its sole discretion, issue stock from our authorized blank check preferred class. Shareholders do not have any control regarding the issuance of any shares from this class and may be adversely affected by ~~reference~~any tosuch AFissuance ~~Ocean~~or ~~Investment~~subsequent ~~Management~~sale ~~Company’s~~in ~~Registration~~the ~~Statement~~form onof ~~Form~~dilution, ~~S-1~~voting, ~~filed~~and value of their shares. The preferred shares may also be issued with preferences or rights that may adversely affect the ~~SEC~~holders onof ~~February~~our 4,common ~~2011~~stock.

** IncorporatedAt ~~herein~~the bypresent ~~reference~~time tothe AFmajority ~~Ocean~~shareholder ~~Investment~~Mr. ~~Management~~Andy ~~Company’s~~Z. ~~Current~~Fan ~~Report~~provides onhis ~~Form~~services ~~8-K~~with ~~filed~~nominal ~~with~~pay ~~the~~and ~~SEC~~may onnot ~~October~~be 5,able ~~2011~~to continue his services without additional compensation.

*** IncorporatedSince ~~herein~~our bycompany ~~reference~~is now operating with earnings and cash flows to AFsupport ~~Ocean~~small ~~Investment~~officer ~~Management~~and ~~Company’s~~director ~~Quarterly~~salaries, ~~Report~~our onOfficer ~~Form~~is ~~10-Q~~receiving ~~filed~~nominal ~~with~~compensation. Our Chairman is currently compensated at the ~~SEC~~rate of $32,500 per year, which compensation will be adjusted annually based on ~~November~~individual 14performance and performance of the Company. Revenues and earnings, ~~2012~~as well as sufficient cash flow, will be considered when determining any change in the salary available to our officer and director. Cash flows must be sufficient to meet the monthly cash needs of the business. Until then, there is a risk that our officers and directors may need to find work elsewhere to supplement their income, distracting them from company operations.

**** Incorporated17 ~~herein~~Table byof ~~reference to AF Ocean Investment Management Company’s Current Report on Form 8-K filed with the SEC on July 24, 2014.~~Contents

15ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

~~Table~~The following discussion and analysis of ~~Contents~~financial condition and results of operations should be read in conjunction with our consolidated financial statements and related notes included elsewhere in this report. This discussion contains forward-looking statements that involve risks, uncertainties and assumptions. See "Cautionary Note Regarding Forward-Looking Statements." Our actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors discussed elsewhere in this report.

~~SIGNATURES~~Overview and Going Concern

~~Pursuant~~AF toOcean Investment Management Company was incorporated under the ~~requirements~~laws of the ~~Securities~~State ~~Exchange~~of ~~Act~~Florida on April 2, 2003. We have one wholly-owned subsidiary, AF Ocean Investment Management Company (Shanghai Ltd.) (the "Subsidiary"), which we acquired as of ~~1934~~July 6, 2012. AF Ocean Investment Management Company and the ~~registrant~~Subsidiary ~~has~~are ~~duly~~hereinafter ~~caused~~collectively ~~this~~referred ~~report~~to as the "Company", "we" or "our." We promote business relations and exchanges between Chinese and U.S. companies, facilitating international mergers and acquisitions, and increasing co-operation between Chinese companies and Wall Street financial institutions. Our mission is to behelp ~~signed~~Wall Street investors identify and work with respectable and reputable Chinese counterparts and companies and assist Chinese corporations to understand that the only way to benefit from the world's biggest capital market is through strict and consistent adherence to the rules and regulations that govern companies listed on ~~its~~U.S. ~~behalf~~stock byexchanges. We believe we can and will continue to do so during the ~~undersigned~~next twelve months. However, ~~thereunto~~we ~~duly~~are ~~authorized~~in the process of a strategic change in operations due to our acquisition in July 2014 of non-patented technology relating to a new energy electric vehicle based on electromagnetic induction (the "Technology"). We believe that our primary business enterprise going forward will be based on this Technology.

		AF OCEAN INVESTMENT MANAGEMENT COMPANY
Dated: May 16, 2016	By:	/s/ Andy Fan
		Andy Z. Fan Chief Executive Officer
		(Principal Executive Officer)

The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As of June 30, 2016, current assets exceeded current liabilities by $191,738. Total assets decreased from $876,995 at December 31, 2015 to $814,002 at June 30, 2016, and total liabilities increased from $357,838 at December 31, 2015 to $317,674 at June 30, 2016.

16We had revenue of $186,404 and a net loss of ($23,050) for the six month period ended June 30, 2016 as compared to revenue of $94,394 and a net loss of ($162,534) for the six month period ended June 30, 2015. These factors raise substantial doubt about our ability to continue as a going concern for a reasonable period of time.

The ability to continue as a going concern is dependent upon us generating profitable operations in the future and/or obtaining the necessary financing to meet our obligations and repay our liabilities arising from normal business operations when they come due. No assurance can be given that we will be successful in these efforts.

In the event we are unable to generate sufficient funds to continue our business efforts or if we are pursued by a larger company for a business combination, we will analyze all strategies to continue the Company and maintain or increase shareholder value. Under these circumstances, we would consider a merger, acquisition, joint venture, strategic alliance, a roll-up, or other business combination for the purposes of continuing the business and maintaining or increasing shareholder value. Management believes its responsibility to maintain shareholder value is of paramount importance, which means we should consider the aforementioned alternatives in the event funding is not available on favorable terms to us when needed.

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Results of Operations

Six Month Period Ended June 30, 2016 and 2015

The following table provides a comparison of a summary of our results for six month period ended June 30, 2016 and 2015.

	Six Months Ended June 30, (unaudited)
	2016			2015			% Change
Revenue From Operations
Management Fee - Related Party	$	186,004		$	94,394			-97	%
Consulting Income		400			-			-100	%
Total Revenue		186,404			94,394			-98	%

Expenses
General and Administrative Expenses	$	207,151		$	254,404			19	%
Depreciation and amortization	$	2,834		$	2,834			0	%
Total Expenses		209,985			257,238			19	%

Income (Loss) From Operations	$	(23,581	)	$	(162,844	)		-86	%

Other Income (Expense)
Interest Income	$	530		$	310			-71	%
Total Other Income (Expense), net	$	530		$	310			-71	%

Net Income (Loss)		(23,050	)		(162,534	)		-86	%

Foreign Currency Gain (Loss)	$	221		$	704			69	%

Comprehensive Income	$	(22,829	)	$	(161,830	)		-86	%
Income (Loss) Per Share: Basic and Diluted	$	(0.00	)	$	(0.00	)

Revenue From Operations. For the six month period ended June 30, 2016, total revenue was $186,404 as compared to $94,394 for the six month period ended June 30, 2015. Loss from operations was ($23,581) for the six month period ended June 30, 2016 as compared to ($162,844) for the six month period ended June 30, 2015. The increase in revenue is attributable to the increase in management fees paid by ChinAmerica for management services in Shanghai during six month period ended June 30, 2016. All of our revenue for the six month period ended June 30, 2016 was from management services fees paid by ChinAmerica and Sichuan Leaders Petrochemical Company ("Sichuan") in the U.S, except $400 related to consulting fees to an Unrelated Party.

Expenses. Total expenses decreased by $47,253 to $209,985 for the six month period ended June 30, 2016 as compared to $257,238 for the six month period ended June 30, 2015.

Net Income (Loss). As a result of the increase in revenue and the decrease in operating expenses our net loss decreased to ($23,050) during the six month period ended June 30, 2016, as compared to ($162,534) for the six month period ended June 30, 2015.

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Three Month Period Ended June 30, 2016 and 2015

The following table provides a comparison of a summary of our results for three month period ended June 30, 2016 and 2015.

	Three Months Ended June 30, (unaudited)
	2016			2015			% Change
Revenue From Operations
Management Fee - Related Party	$	118,734		$	56,294			-111	%
Total Revenue		118,734			56,294			-111	%

Expenses
General and Administrative Expenses		118,369			139,132			15	%
Depreciation and amortization		1,417			1,417			0	%
Total Expenses		119,786			140,549			15	%

Income (Loss) From Operations	$	(1,052	)	$	(84,255	)		99	%

Other Income (Expense)
Interest Income		346			171			103	%
Total Other Income (Expense), net		346			171			-103	%

Net Income (Loss)	$	(704	)	$	(84,084	)		100	%

Foreign Currency Gain (Loss)		(1,246	)		(1,338	)		7	%

Comprehensive Income	$	(1,950	)	$	(85,422	)		98	%
Income (Loss) Per Share: Basic and Diluted	$	(0.00	)	$	(0.00	)

Revenue From Operations. For the three month period ended June 30, 2016, total revenue was $118,734 as compared to $56,294 for the three month period ended June 30, 2015. Loss from operations was ($1,052) for the three month period ended June 30, 2016 as compared to ($84,255) for the three month period ended June 30, 2015. The increase in revenue is attributable to the management services agreement between the Company and ChinAmerica and Sichuan.

Expenses. Total expenses decreased by $20,763 to $119,786 for the three month period ended June 30, 2016 as compared to $140,549 for the three month period ended June 30, 2015.

Net Income (Loss). Due to the increase in revenue and the decrease in operating expenses our net loss decreased to ($704) during the six month period ended June 30, 2016, as compared to ($84,084) for the six month period ended June 30, 2015.

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Liquidity and Capital Resources

General. As of June 30, 2016, we had cash and cash equivalents of $34,526 as compared to cash and cash equivalents of 154,348 during the six month period ended June 30, 2015. We have met our cash needs through consulting and management services fees. Our cash requirements are generally for professional services and general and administrative activities. We do not believe that our cash balance and expected consulting and management services fees are sufficient to finance our cash requirements for expected operational activities going forward, and therefore we will require additional funding through either loans or the sale of equity, or both.

Operating Activities. Our operating activities used cash of ($30,436) for the six month period ended June 30, 2016 as compared to cash used of ($158,355) for the six month period ended June 30, 2015.

Investing Activities. Our investing activities provided cash of $0 for the six month period ended June 30, 2016, as compared to cash used of $0 for the six month period ended June 30, 2015.

Financing Activities. Our financing activities provided cash of $4,000 for the six month period ended June 30, 2016 as compared to cash used of $64,593 for the six month period ended June 30, 2015.

Cash Flow.The following table provides a summary of our cash flows for the six month period ended June 30, 2016 and 2015.

	Six Month Ended June 30, (unaudited)
	2016			2015
Cash used in operating activities	$	(30,436	)	$	(158,355	)
Cash used in investing activities		-			-
Cash (used in) provided by financing activities		4,000			64,593
Foreign currency (loss) gain		221			632
Net increase (decrease) in cash	$	(26,215	)	$	(93,130	)

Income Taxes

At this time there is not an income tax expense to report. However, at the end of each fiscal quarter we evaluate income tax liability under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the consolidated financial statements. Under this method, deferred tax assets and liabilities are determined based on temporary differences between the consolidated financial statements and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date.

We record net deferred tax assets to the extent we believe these assets will more likely than not be realized. In making such determination, we consider all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax planning strategies and recent financial operations. In the event we were to determine that we would be able to realize our deferred income tax assets in the future in excess of their net recorded amount, we would make an adjustment to the valuation allowance, which would reduce the provision for income taxes.

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Impairment of Long-lived Assets

Long-lived assets such as property, equipment and identifiable intangibles are reviewed for impairment whenever facts and circumstances indicate that the carrying value may not be recoverable. When required impairment losses on assets to be held and used are recognized based on the fair value of the asset. The fair value is determined based on estimates of future cash flows, market value of similar assets, if available, or independent appraisals, if required. If the carrying amount of the long-lived asset is not recoverable from its undiscounted cash flows, an impairment loss is recognized for the difference between the carrying amount and fair value of the asset. When fair values are not available, we estimate fair value using the expected future cash flows discounted at a rate commensurate with the risk associated with the recovery of the assets. We did not recognize any impairment losses for any periods presented.

Inflation

Inflation does not materially affect our business or the results of our operations.

Off-Balance Sheet Arrangements

We do not have any off-balance sheet arrangements.

Critical Accounting Policies

We prepare our consolidated financial statements in accordance with generally accepted accounting principles of the United States ("GAAP"). GAAP represents a comprehensive set of accounting and disclosure rules and requirements. The preparation of our consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Our actual results could differ from those estimates. We use historical data to assist in the forecast of our future results. Deviations from our projections are addressed when our financials are reviewed on a monthly basis. This allows us to be proactive in our approach to managing our business. It also allows us to rely on proven data rather than having to make assumptions regarding our estimates.

Management does not believe that our actual results are related to any sensitivity in estimates made by management. The year-end consistency of our results has shown that our prior year's historical data is the best projector of our future results.

Recent Accounting Pronouncements

We have reviewed all the recently issued, but not yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on our consolidated financial statements.

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ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

The company does not own any market sensitive financial instruments, subject to market risk as identified in Reg S-K, Item 305.

ITEM 4. CONTROLS AND PROCEDURES

Disclosure Controls and Procedures

We maintain disclosure controls and procedures (as defined in Rule 13a-15(e) under the Exchange Act) that are designed to ensure that information required to be disclosed in our reports filed under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms and that such information is accumulated and communicated to our management, as appropriate, to allow timely decisions regarding required disclosure.

With respect to the period ending June 30, 2016, under the supervision and with the participation of our management, we conducted an evaluation of the effectiveness of the design and operations of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) promulgated under the Securities Exchange Act of 1934.

Based upon our evaluation regarding the period ending June 30, 2016, the Company's management, including its Principal Executive Officer and Principal Financial Officer, has concluded that its disclosure controls and procedures were not effective due to the Company's limited internal resources and lack of ability to have multiple levels of transaction review. Material weaknesses noted are lack of an audit committee, lack of a majority of outside directors on the board of directors, resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures; and management is dominated by two individuals, without adequate compensating controls. However, through the review process, management believes that the financial statements and other information presented herewith are materially correct.

The Company's disclosure controls and procedures are designed to provide reasonable assurance of achieving their objectives. However, the Company's management, including its Principal Executive Officer and Principal Financial Officer, does not expect that its disclosure controls and procedures will prevent all error and all fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefit of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within the Company have been detected.

Changes in Internal Control over Financial Reporting

There were no changes in our internal control over financial reporting that occurred during our most recently completed fiscal quarter that has materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

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PART II – OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

We were not subject to any legal proceedings during the six months ended June 30, 2016, nor to the best of our knowledge and belief are any threatened or pending.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

We did not sell any unregistered equity securities during the six months ended June 30, 2016.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

No senior securities were issued and outstanding during the six months ended June 30, 2016.

ITEM 4. MINE SAFETY DISCLOSURES

Not applicable to our Company.

ITEM 5. OTHER INFORMATION

None.

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ITEM 6. EXHIBITS

Exhibit No.		Description

3.1		Amended and Restated Articles of Incorporation *

3.2		Articles of Amendment to Articles of Incorporation **

3.3		Articles of Amendment to Articles of Incorporation ***

3.4		Articles of Amendment to Articles of Incorporation ****

3.5		Bylaws *

31		Certification of Principal Executive Officer and Principal Financial Officer filed pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 Filed herewith

32		Certification of Chief Executive Officer and Chief Financial Officer furnished pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 Furnished herewith

101		Consolidated financial statements for the quarterly report on Form 10-Q of AF Ocean Investment Management Company for the fiscal quarter ended June 30, 2016, formatted in XBRL: (i) the Consolidated Balance Sheets; (ii) the Consolidated Statements of Operations and Comprehensive Income; (iii) the Consolidated Statements of Cash Flows; and (iv) the Notes to Consolidated Financial Statements Filed herewith

____________________

*	Incorporated herein by reference to AF Ocean Investment Management Company's Registration Statement on Form S-1 filed with the SEC on February 4, 2011.

**	Incorporated herein by reference to AF Ocean Investment Management Company's Current Report on Form 8-K filed with the SEC on October 5, 2011.

***	Incorporated herein by reference to AF Ocean Investment Management Company's Quarterly Report on Form 10-Q filed with the SEC on November 14, 2012.

****	Incorporated herein by reference to AF Ocean Investment Management Company's Current Report on Form 8-K filed with the SEC on July 24, 2014.

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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.

	AF OCEAN INVESTMENT MANAGEMENT COMPANY

Dated: August 9, 2016	By:	/s/ Andy Fan
		Andy Z. Fan
		Chief Executive Officer (Principal Executive Officer)

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