UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q

(Mark One)

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

~~For the quarterly period ended April 30, 2016~~or

oro ~~[ ]~~ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________

For the transition period from to

Commission File Number 001-36128

Magicstem Group Corp.

(Exact name of registrant as specified in its charter)

Nevada		46-1504799
(State or other jurisdiction of incorporation or organization)		(IRS Employer Identification No.)

Room 803, ~~8th Floor~~8thFloor, Lippo Sun ~~Plaza~~Plaza28Canton ~~28Canton~~ Road, Tsim Sha Tsui, Hong Kong (Address of principal executive offices) (Zip Code)

852 2871 8000 ~~(Registrant’s telephone number, including area code)~~

~~N/A~~ (~~Former~~Registrant’s ~~name,~~telephone ~~former address and former fiscal year~~number, ifincluding ~~changed~~area ~~since last report~~code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

[X]

YES

[ ]

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

[X]

YES

[ ]

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

Large accelerated filer

[ ]

Accelerated filer

[ ]

Non-accelerated filer

[ ]

(Do not check if a smaller reporting company)

Smaller reporting company

[X]

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

[X]

YES

[ ]

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS Check whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Exchange Act after the distribution of securities under a plan confirmed by a court.

[ ]

YES

[ ]

APPLICABLE ONLY TO CORPORATE ISSUERS

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

10,206,000 common shares issued and outstanding as of May 24, 2016.

N/A

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

Large accelerated filer	o		Accelerated filer	o
Non-accelerated filer	o	(Do not check if a smaller reporting company)	Smaller reporting company	x

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act) x YES o NO

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS

Check whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Exchange Act after the distribution of securities under a plan confirmed by a court. o YES o NO

APPLICABLE ONLY TO CORPORATE ISSUERS

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

10,206,000 common shares issued and outstanding as of September 12, 2016.

TABLE OF CONTENTS

PART I – FINANCIAL INFORMATION 3 Item 1 Financial Statements 3 Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations 9 Item 3. Quantitative and Qualitative Disclosures about Market Risk 14 Item 4. Controls and Procedures 14 PART II – OTHER INFORMATION 15 Item 1. Legal Proceedings 15 Item 1A. Risk Factors 15 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 15 Item 3. Defaults Upon Senior Securities 15 Item 4. Mining Safety Disclosures 15 Item 5. Other Information 15 Item 6. Exhibits 16 SIGNATURES 17

PART I – FINANCIAL INFORMATION

Item 1.	Financial Statements (unaudited)	3
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	9
Item 3.	Quantitative and Qualitative Disclosures about Market Risk	14
Item 4.	Controls and Procedures	15

PART II – OTHER INFORMATION

Item 1.	Legal Proceedings	16
Item 1A.	Risk Factors	16
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	16
Item 3.	Defaults Upon Senior Securities	16
Item 4.	Mining Safety Disclosures	16
Item 5.	Other Information	16
Item 6.	Exhibits	17

SIGNATURES		18

~~Table of Contents~~2

PART I – FINANCIAL INFORMATION

Item 1 Financial Statements

The condensed unaudited financial statements of our Company have been prepared in accordance with accounting principles generally accepted in the United States (“US GAAP”) and are expressed in U.S. dollars.

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Magicstem Group Corp.,

CONDENSED BALANCE SHEETS

(Unaudited)

	April 30,			October 31,
	July 31,			October 31,
	2016			2015
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	14,434		$	17,528
Cash & cash equivalents	$	13,111		$	17,528
Prepaid expense		109,~~833~~133			5,833
TOTAL CURRENT ASSETS		2522,~~267~~244			23,361
TOTAL ASSETS	$	2522,~~267~~244		$	23,361
LIABILITIES AND STOCKHOLDERS' DEFICIT
CURRENT LIABILITIES
Accounts payable and accrued liabilities	$	1,~~131~~052		$	-
Loans from related party		8591,~~772~~602			64,817
TOTAL CURRENT LIABILITIES		8692,~~903~~654			64,817
Commitments and Contingencies		-			-
STOCKHOLDERS' DEFICIT
Common stock, $0.001 par value, 75,000,000 shares authorized; 10,206,000 shares issued and outstanding		10,206			10,206
Additional paid in capital		37,563			37,563
Accumulated deficit		(~~109~~118,~~405~~179	)		(89,225	)
TOTAL STOCKHOLDERS' DEFICIT		(6170,~~636~~410	)		(41,456	)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	2522,~~267~~244		$	23,361

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

4 Table of Contents

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Magicstem Group Corp.,

CONDENSED STATEMENTS OF OPERATIONS

(Unaudited)

	Three Months Ended						~~Six~~Nine Months Ended
	April 30,						April 30,
	July 31,						July 31,
	2016			2015			2016			2015
REVENUE	$	-		$	-		$	-		$	-
OPERATING EXPENSES
Office and general		2,500			14(8,~~369~~333	)		57,~~000~~500			146,~~380~~047
Professional fees		46,~~730~~274			1015,~~924~~611			1521,~~180~~454			1733,~~674~~285
Total Operating Expenses		78,~~230~~774			257,~~293~~278			2028,~~180~~954			3239,~~054~~332
LOSS BEFORE TAXES		(78,~~230~~774	)		(257,~~293~~278	)		(2028,~~180~~954	)		(3239,~~054~~332	)
Provision for taxes		-			-			-			-
NET LOSS	$	(78,~~230~~774	)	$	(257,~~293~~278	)	$	(2028,~~180~~954	)	$	(3239,~~054~~332	)
LOSS PER COMMON SHARE - BASIC AND DILUTED	$	(0.00	)*	$	(0.00	)*	$	(0.00	)*	$	(0.00	)*
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING – BASIC AND DILUTED		10,206,000			10,206,000			10,206,000			10,206,000

__________

* denotes a loss of less than $(0.01) per share.

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

5 Table of Contents

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Magicstem Group Corp.,

CONDENSED STATEMENTS OF CASH FLOWS

(Unaudited)

	Six Months Ended
	Nine Months Ended
	April 30,
	July 31,
	2016			2015
OPERATING ACTIVITIES
Net loss	$	(2028,~~180~~954	)	$	(3239,~~054~~332	)
Adjustment to reconcile net loss to net cash used in operating activities
Changes in operating assets and liabilities:
Prepaid expense		(53,~~000~~300	)		-(8,333	)
Accounts payable and accrued liabilities		1,~~131~~052			11(3,~~215~~585	)
NET CASH USED IN OPERATING ACTIVITIES		(2431,~~049~~202	)		(2051,~~839~~250	)
INVESTING ACTIVITIES
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES		-			-
FINANCING ACTIVITIES
Loans from related party		2026,~~955~~785			2070,~~839~~393
NET CASH PROVIDED BY FINANCING ACTIVITIES		2026,~~955~~785			2070,~~839~~393
NET DECREASE IN CASH AND CASH EQUIVALENTS		(34,~~094~~417	)		-19,143
CASH AND CASH EQUIVALNTS, BEGINNING OF PERIOD		17,528			-
CASH AND CASH EQUIVALENTS, END OF PERIOD	$	1413,~~434~~111		$	-19,143
Supplemental cash flow information and noncash financing activities:
Cash paid for interest	$	-		$	-
Cash paid for income taxes	$	-		$	-
Loan forgiveness by previous shareholder	$	-		$	33,649

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

6 Table of Contents

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Magicstem Group Corp.,

NOTES TO THE CONDENSED FINANCIAL STATEMENTS

~~APRIL~~JULY 3031, 2016

(Unaudited)

NOTE 1 – NATURE OF OPERATIONS

Magicstem Group Corp. ("Magicstem", the "Company") was incorporated in the State of Nevada under the name Cold Cam, Inc. (“Cold Cam”) on October 25, 2012 ("Inception") and originally intended to develop a camera system to be placed on the inside of refrigerator doors. On January 31, 2015, the Company's former sole officer, who owned 98% of the Company's outstanding common shares, sold all his common shares to un-related investors. After this change of control, the Company now intends to develop stem cell cryo-preserved banking and anticipates that the primary customers will be from China.

On April 1, 2015, the Company merged with its wholly-owned subsidiary Magicstem Group Corp., a Nevada corporation, and changed its name from Cold Cam, Inc. to Magicstem Group Corp. The Company’s trading symbol is "MGGI".

NOTE 2 -– SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The accompanying consolidated financial statements include the accounts of the Company and have been prepared in accordance with accounting principles generally accepted in the United States ("GAAP") and the instructions to Form 10-K, Form 10 –Q and Regulation S-X and are presented in US dollars. The Company has adopted an October 31 fiscal year end.

Unaudited Interim Financial Statements

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

In the opinion of management, all adjustments consisting of normal recurring entries necessary for a fair statement of the periods presented for: (a) the financial position; (b) the result of operations; and (c) cash flows, have been made in order to make the financial statements presented not misleading. The results of operations for such interim periods are not necessarily indicative of operations for a full year.

While management of the Company believes that the disclosures presented herein are adequate and not misleading, these condensed interim financial statements should be read in conjunction with the audited combined financial statements and the footnotes thereto for the year ended October 31, 2015 filed on Form 10-K on January 29, 2016.

Use of Estimates and Assumptions

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

7Prepaid Expenses

~~Table~~Prepaid expenses consist of ~~Contents~~annual filing fees that are paid in advance. The prepaid balances are amortized as the related expense occurs. During the three months ended July 31, 2015 we reclassified $8,333 relating to our OTCQB annual fee from office and general expense where it had been expensed in the prior quarter to prepaid expense. Amortization of the prepaid expenses are included in office and general expenses.

Recent Accounting Pronouncements

The Company 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 the Company.

Table of Contents

NOTE 3 – GOING CONCERN

The Company’s financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. As at ~~April~~July 3031, 2016, the Company had working capital deficiency of $6170,~~636~~410 and an accumulated deficit of $~~109~~118, ~~405~~179. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations.

In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management’s plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However management cannot provide any assurances that the Company will be successful in accomplishing any of its plans.

The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

NOTE 4 – RELATED PARTY TRANSACTIONS

In support of the Company’s efforts and cash requirements, it may rely on advances from related parties until such time that the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by shareholders or directors. Amounts represent advances or amounts paid in satisfaction of liabilities. The advances were considered temporary in nature and were not formalized by a promissory note.

During the period ended ~~April~~July 3031, 2016, the Company’s current president, chief executive officer and director advanced $2026,~~955~~785 by the way of ~~loan~~loans to cover the Company’s operating expenses. As at ~~April~~July 3031, 2016 and October 31, 2015, the Company owed this director a ~~an amount~~total of $8591,~~772~~602 and $64,817, respectively. The loan is non-interest bearing, due upon demand and unsecured.

NOTE 5 -– SUBSEQUENT EVENTS

Management has evaluated subsequent events through the date these financial statements were available to be issued. Based on our evaluation no events have occurred that require disclosure.

8 Table of Contents

~~Table~~Item 2. Management’s Discussion and Analysis of ~~Contents~~Financial Condition and Results of Operations

~~Item~~FORWARD-LOOKING ~~2. Management’s Discussion and Analysis of Financial Condition and Results of Operations~~STATEMENTS

~~FORWARD~~This quarterly report contains forward-~~LOOKING~~looking ~~STATEMENTS~~statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.

~~This~~Our ~~quarterly~~condensed ~~report~~unaudited ~~contains~~financial ~~forward-looking~~ statements. ~~These~~are ~~statements~~stated ~~relate~~in toUnited ~~future~~States ~~events~~Dollars or(US$) ~~our~~and ~~future~~are ~~financial~~prepared ~~performance.~~in Inaccordance ~~some~~with ~~cases,~~United ~~you~~States ~~can~~Generally ~~identify~~Accepted ~~forward-looking~~Accounting ~~statements~~Principles. byThe ~~terminology~~following ~~such~~discussion ~~as "may", "~~should", ~~"expects",~~be ~~"plans",~~read ~~"anticipates",~~in ~~"believes",~~conjunction ~~"estimates",~~with ~~"predicts",~~our ~~"potential"~~financial orstatements ~~"continue"~~and or the ~~negative~~related ofnotes ~~these~~that ~~terms~~appear orelsewhere ~~other~~in ~~comparable~~this ~~terminology~~quarterly report. ~~These~~The ~~statements~~following ~~are~~discussion ~~only~~contains ~~predictions~~forward-looking ~~and~~statements ~~involve~~that ~~known~~reflect ~~and~~our ~~unknown risks~~plans, ~~uncertainties~~estimates and ~~other~~beliefs. ~~factors~~Our ~~that may cause our or our industry's~~ actual results, ~~levels~~could ofdiffer ~~activity, performance or achievements to be~~ materially ~~different~~ from ~~any~~those ~~future~~discussed ~~results,~~in ~~levels~~the ~~of activity, performance or achievements expressed or implied by these~~ forward-looking statements. ~~Although~~Factors ~~we believe~~ that ~~the~~could ~~expectations~~cause ~~reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance~~ or ~~achievements.~~contribute ~~Except~~to assuch ~~required~~differences ~~by applicable law~~include, ~~including~~but ~~the~~are ~~securities laws of the United States, we do~~ not ~~intend~~limited to, ~~update~~those ~~any~~discussed ofbelow ~~the~~and ~~forward-looking~~elsewhere ~~statements~~in tothis ~~conform~~quarterly ~~these statements to actual results~~report.

~~Our~~Unless ~~condensed~~otherwise ~~unaudited~~specified ~~financial statements are stated~~ in United States Dollars (US$) and are prepared in accordance with United States Generally Accepted Accounting Principles. The following discussion should be read in conjunction with our financial statements and the related notes that appear elsewhere in this quarterly report~~. The following discussion contains forward-looking statements that reflect our plans~~, ~~estimates~~all ~~and~~dollar ~~beliefs.~~amounts ~~Our~~are ~~actual~~expressed ~~results could differ materially from those discussed~~ in ~~the~~United ~~forward-looking~~States ~~statements.~~dollars ~~Factors~~and ~~that~~all ~~could~~references ~~cause or contribute~~ to ~~such~~"common ~~differences~~stock" ~~include,~~refer ~~but are not limited~~ to, ~~those~~shares ~~discussed~~of ~~below~~our ~~and~~common ~~elsewhere in this quarterly report~~stock.

~~Unless~~As ~~otherwise~~used ~~specified~~ in this quarterly report, ~~all~~the ~~dollar~~terms ~~amounts~~"we", ~~are~~"us", ~~expressed~~"our" ~~in United States dollars~~ and ~~all references to~~ "~~common~~our ~~stock~~company" ~~refer~~mean toMagicstem ~~shares~~Group ofCorp., ~~our~~unless ~~common~~otherwise ~~stock~~indicated.

AsCompany ~~used in this quarterly report, the terms "we", "us", "our" and "our company" mean Magicstem Group Corp., unless otherwise indicated.~~History

~~Company~~Our ~~History~~company was incorporated in the State of Nevada on October 25, 2012 under the name Cold Cam, Inc. and originally intended to develop a camera system to be placed on the inside of refrigerator doors.

~~Our~~On January 31, 2015, Yonekatsu Kato, formerly our company's ~~was~~sole ~~incorporated~~officer inand ~~the~~director, ~~State~~entered into a stock purchase agreement, pursuant to which he sold all of ~~Nevada~~his on10,000,000 ~~October~~shares 25of our company's common stock (98% of our company's total outstanding common shares) to Magicstem Development Limited, ~~2012~~a ~~under~~Seychelles ~~the~~corporation ~~name~~("Magicstem ~~Cold~~Development") ~~Cam~~ultimately owned by Chi Man Ng, ~~Inc~~in a private transaction, for an aggregate purchase price of $50,000. The funds used for this share purchase were Magicstem Development's funds. Magicstem Development now owns 98% of our company's issued and ~~originally~~outstanding ~~intended~~shares toof ~~develop~~common stock. The closing of the share purchase agreement created a ~~camera~~change ~~system~~of control of our company. As a result of the change of control, and the change in our management as noted herein, our company now intends to beinvestigate ~~placed~~additional opportunities in an effort to enhance shareholder value. Those efforts are initially anticipated to focus on the ~~inside~~development of ~~refrigerator~~stem ~~doors~~cell cryo-preserved banking in Asia, with the expectation that primary customers would come from China.

On January 31, 2015, ~~Yonekatsu Kato, formerly~~ our ~~company's~~board ~~sole~~of ~~officer~~directors ~~and~~accepted ~~director,~~the ~~entered~~resignation ~~into a stock purchase agreement, pursuant to which he sold all~~ of ~~his~~Yonekatsu ~~10,000,000~~Kato ~~shares~~as of our ~~company's common stock(98% of our company's total outstanding common shares) to Magicstem Development Limited~~president, achief ~~Seychelles~~executive ~~corporation ("Magicstem Development") ultimately owned by Chi Man Ng~~officer, inchief afinancial ~~private transaction~~officer, ~~for an aggregate purchase price of $50~~treasurer,~~000.~~ ~~The~~secretary ~~funds used for this share purchase were Magicstem Development's funds. Magicstem Development now owns 98% of our company's issued~~ and ~~outstanding shares of common stock~~director. The closing of the share purchase agreement created a change of control of our company. As a result of the change of control, and the change in our management as noted herein, our company now intends to investigate additional opportunities in an effort to enhance shareholder value. Those efforts are initially anticipated to focus on the development of stem cell cryo-preserved banking in Asia, with the expectation that primary customers would come from China.

OnThe ~~January~~resignation ~~31,~~of ~~2015,~~Yonekatsu ~~our~~Kato ~~board~~was ofnot ~~directors accepted~~ the ~~resignation~~result of ~~Yonekatsu~~any ~~Kato~~disagreements aswith our ~~president,~~company ~~chief~~regarding ~~executive~~our ~~officer~~operations, ~~chief financial officer~~policies, ~~treasurer,~~practices ~~secretary~~or ~~and director~~otherwise.

~~The~~9 ~~resignation~~Table of ~~Yonekatsu Kato was not the result of any disagreements with our company regarding our operations, policies, practices or otherwise.~~Contents

9On January 31, 2015, we appointed Chi Man Ng as president, chief executive officer and director; Ka Sing Edmund Yeung as chief financial officer, treasurer, secretary and director; and Guosheng Hu as chief technology officer and director of our company.

~~Table~~On April 1, 2015, our company's board of ~~Contents~~directors approved an agreement and plan of merger to merge with our wholly-owned subsidiary Magicstem Group Corp., a Nevada corporation, to effect a name change from Cold Cam, Inc. to Magicstem Group Corp. Our company remained as the surviving company. Magicstem Group Corp. was formed on October 25, 2012.

OnThe ~~January~~name ~~31,~~change ~~2015,~~was weapproved ~~appointed~~by ~~Chi~~the ~~Man~~Financial NgIndustry asRegulatory ~~president,~~Authority ~~chief~~(FINRA) ~~executive~~for ~~officer~~filing ~~and~~with ~~director;~~an Kaeffective ~~Sing~~date ~~Edmund~~of ~~Yeung~~May as4, ~~chief~~2015 ~~financial~~and ~~officer,~~became ~~treasurer,~~effective ~~secretary~~with ~~and~~the ~~director;~~OTC ~~and~~Markets ~~Guosheng~~at Huthe asopening ~~chief~~of ~~technology~~trading ~~officer~~on ~~and~~May 4, ~~director~~2015 ofunder ~~our~~the ~~company~~symbol "MGGI".

On ~~April~~July 121, 2015, our company's ~~board~~appointed ofChun-han ~~directors~~(Peter) ~~approved~~Lin anas ~~agreement~~a director and ~~plan~~Chun-heng of(Kevin) ~~merger~~Lin toas ~~merge~~Group ~~with~~Senior ~~our~~Manager ~~wholly-owned~~of ~~subsidiary Magicstem~~our ~~Group Corp~~company., aOn ~~Nevada~~April ~~corporation~~1, to2016 ~~effect~~Mr. aChun-heng ~~name~~Lin ~~change~~resigned ~~from~~as ~~Cold~~group ~~Cam,~~senior ~~Inc.~~manager ~~to Magicstem~~of ~~Group~~our ~~Corp~~company. ~~Our~~ ~~company~~On ~~remained~~April as1, ~~the~~2016, ~~surviving~~we ~~company~~appointed Ms. ~~Magicstem~~Kit ~~Group~~U ~~Corp.~~Tang ~~was~~as ~~formed~~group onsenior ~~October~~manager ~~25,~~of ~~2012~~our company.

~~The~~At ~~name~~this ~~change~~time, ~~was~~we ~~approved~~have bynot ~~the~~developed ~~Financial~~our ~~Industry~~product ~~Regulatory~~or ~~Authority~~contacted ~~(FINRA)~~any ~~for~~possible ~~filing~~client ~~with~~or andeveloper. ~~effective~~Our ~~date~~company ofhas ~~May~~not 4,yet ~~2015~~implemented ~~and~~its ~~became~~business ~~effective~~model ~~with~~and ~~the~~to ~~OTC Markets at the opening of trading on May 4~~date, ~~2015~~has ~~under~~generated ~~the~~no ~~symbol "MGGI"~~revenues.

OnResults ~~July~~of ~~21,~~Operations ~~2015,~~for ~~our~~the ~~company~~Three ~~appointed~~Months ~~Chun-han~~Ended ~~(Peter)~~July ~~Lin as a director and Chun-heng (Kevin) Lin as Group Senior Manager of our company. On April 1~~31, 2016 ~~Mr.~~Compared ~~Chun-heng~~to ~~Lin~~the ~~resigned~~Three asMonths ~~group~~Ended ~~senior~~July ~~manager of our company. On April 1~~31, ~~2016, we appointed Ms. Kit U Tang as group senior manager of our company.~~2015

AtOur ~~this~~operating ~~time,~~results wefor ~~have~~the ~~not~~three ~~developed~~month ~~our~~periods ~~product~~ended orJuly ~~contacted~~31, ~~any~~2016 ~~possible client or developer. Our company has not yet implemented its business model~~ and to2015 ~~date,~~are ~~has~~summarized ~~generated~~as ~~no revenues.~~follows:

Results of Operations for the Three Months Ended April 30, 2016 Compared to the Three Months Ended April 30, 2015

	Three months ended
	July 31,
	2016			2015

REVENUE	$	-		$	-
OPERATING EXPENSES
Office and general		2,500			(8,333	)
Professional fees		6,274			15,611
NET LOSS	$	(8,774	)	$	(7,278	)

~~Our operating results for the three month periods ended April 30, 2016 and 2014 are summarized as follows:~~Revenue

	Three months ended
	April 30,
	2016			2015
REVENUE	$	-		$	-
OPERATING EXPENSES
Office and general		2,500			14,369
Professional fees		4,730			10,924
NET LOSS	$	(7,230	)	$	(25,293	)

We recognized no revenues for the three month periods ended July 31, 2016 and July 31, 2015 as we have not yet commenced operations.

~~Revenue~~Operating Expenses

WeDuring ~~recognized~~the nothree ~~revenues~~months ~~for~~ended July 31, 2016, we incurred operating expenses of $8,774 compared to $7,278 in the three ~~month~~months ~~periods~~ ended ~~April~~July 3031, ~~2016~~2015, ~~and~~an ~~April~~increase 30of $1,466. The ~~2015~~increase in operating expenses is primarily as a result of an increase in office and general expenses and a reduction in professional fees. During the three months ended July 31, 2015 we ~~have~~reclassified ~~not~~$8,333 ~~yet~~relating ~~commenced~~to ~~operations~~our OTCQB annual fee from office and general expense where it had been expensed in the prior quarter to prepaid expense.

~~Operating~~10 ~~Expenses~~Table of Contents

~~During~~Net the three months ended April 30, 2016, we incurred operating expenses of $7,230 compared to $25,293 in the three months ended April 30, 2015, a decrease of $18,063. The decrease in operating expenses is primarily as a result of our company lowering office and general expenses and a reduction in professional fees.Losses

10During the three months ended July 31, 2016, we incurred losses of $8,774 compared to losses of $7,278 incurred during the three months ended July 31, 2015, an increase of $1,466 due to the factors discussed above.

~~Table~~Results of ~~Contents~~Operations for the Nine Months Ended July 31, 2016 Compared to the Nine Months Ended July 31, 2015

~~Net~~Our ~~Losses~~ operating results for the Nine month periods ended July 31, 2016 and 2015 are summarized as follows:

During the three months ended April 30, 2016, we incurred losses of $7,230 compared to losses of $25,293 incurred during the three months ended April 30, 2015, a decrease of $18,063 due to the factors discussed above.

	Nine months ended
	July 31,
	2016			2015

REVENUE	$	-		$	-
OPERATING EXPENSES
Office and general		7,500			6,047
Professional fees		21,454			33,285
NET LOSS	$	(28,954	)	$	(39,332	)

~~Results of Operations for the Six Months Ended April 30, 2016 Compared to the Six Months Ended April 30, 2015~~Revenue

~~Our~~We ~~operating~~recognized ~~results~~no ~~for~~revenues in the ~~Six~~nine ~~month~~months periods ended ~~April~~July 3031, 2016 and ~~2015~~July ~~are~~31, ~~summarized~~2015 as ~~follows:~~we have not yet commenced operations.

	Six months ended
	April 30,
	2016			2015
REVENUE	$	-		$	-
OPERATING EXPENSES
Office and general		5,000			14,380
Professional fees		15,180			17,674
NET LOSS	$	(20,180	)	$	(32,054	)

Operating Expenses

~~Revenue~~During the nine months ended July 31, 2016, we incurred operating expenses of $28,954 compared to $39,332 in the nine months ended July 31, 2015, a decrease of $10,378. The decrease in operating expenses is primarily as a result of our company lowering office and general expenses and a reduction in professional fees.

WeNet ~~recognized no revenues in the six months periods ended April 30, 2016 and April 30, 2015 as we have not yet commenced operations.~~Losses

~~Operating~~During ~~Expenses~~the nine months ended July 31, 2016, we incurred losses of $28,954 compared to losses of $39,332 incurred during the nine months ended July 31, 2015, a decrease of $10,378 due to the factors discussed above.

~~During~~Liquidity the six months ended April 30, 2016, we incurred operating expenses of $20,180 compared to $32,054 in the six months ended April 30, 2015, a decrease of $11,874. The decrease in operating expenses is primarily as a result of our company lowering office and ~~general~~Capital ~~expenses and a reduction in professional fees.~~Resources

~~Net~~Working ~~Losses~~ Capital

During the six months ended April 30, 2016, we incurred losses of $20,180 compared to losses of $32,054 incurred during the six months ended April 30, 2015, a decrease of $11,874 due to the factors discussed above.

	As at July 31, 2016			As at October 31, 2015
Current Assets	$	22,244		$	23,361
Current Liabilities		92,654			64,817
Working Capital (Deficiency)	$	(70,410	)	$	(41,456	)

~~Liquidity~~11 ~~and~~Table ~~Capital~~of ~~Resources~~Contents

~~Working~~Cash ~~Capital~~Flows

	As at April 30, 2016			As at October 31, 2015
	Nine MonthsEndedJuly 31,2016			Nine MonthsEndedJuly 31,2015
Current Assets	$	25,267		$	23,361
Net cash used in operating activities	$	(31,202	)	$	(51,250	)
Current Liabilities		86,903			64,817
Net cash provided by (used in) investing activities		-			-
Working Capital (Deficiency)	$	(61,636	)	$	(41,456	)
Net cash provided by financing activities		26,785			70,393
Net increase (decrease) in cash	$	(4,417	)	$	19,143

11As at July 31, 2016, we had $13,111 in cash, and liabilities of $92,654 compared to $17,528 cash and $64,817 liabilities as at October 31, 2015. The increase in our working capital deficiency arose due to increase advances from related party.

~~Table~~Cash ofFlow ~~Contents~~from Operating Activities

~~Cash~~During ~~Flows~~the nine months ended July 31, 2016, we used $31,202 in our operating activities compared to $51,250 used in operating activities during the nine months ended July 31, 2015. During the nine months ended July 31, 2016 we incurred losses of $28,954 and we increased accounts payable and accrued expenses by $1,052. By comparison, during the nine months ended July 31, 2015 we incurred losses of $39,332 and increased accounts payable and accrued expenses by $3,585.

	Six Months Ended April 30, 2016			Six Months Ended April 30, 2015
Net cash used in operating activities	$	(24,049	)	$	(20,839	)
Net cash provided by (used in) investing activities		-			-
Net cash provided by financing activities		20,955			20,839
Net increase (decrease) in cash	$	(3,094	)	$	-

Cash Flow from Investing Activities

AsWe atneither ~~April~~generated ~~30,~~funds ~~2016,~~nor weused ~~had~~funds ~~$14,434~~ in ~~cash,~~investing ~~and~~activities ~~liabilities~~during ofthe ~~$86,903~~nine ~~compared~~month toperiods ~~$17~~ended July 31,~~528~~ ~~cash~~2016 and ~~$64~~2015,~~817~~ ~~liabilities as at October 31, 2015~~respectively. ~~The increase in our working capital deficiency arose due to increase advances from related party.~~

Cash Flow from ~~Operating~~Financing Activities

During the ~~six~~nine months ended ~~April~~July 3031, 2016, we ~~used~~received a $2026,~~049~~785 inloan ~~our~~from ~~operating~~a ~~activities~~current officer, compared to a $2070,~~839~~393 ~~used~~loan inreceived ~~operating~~from ~~activities~~a former officer during the ~~six~~nine months ended ~~April~~July 3031, 2015. ~~During~~The ~~the~~decrease ~~six~~in ~~months~~cash ~~ended~~flow ~~April~~from ~~30,~~financing ~~2016~~activities wein ~~incurred~~2016 ~~losses~~reflected ofour ~~$20,180~~need ~~and~~to ~~we increased~~fund ~~accounts~~the ~~payable~~decreased ~~and~~cash ~~accrued~~flow ~~expenses~~used byin ~~$1,131.~~operating Byactivities ~~comparison,~~in ~~during~~2016 ~~the~~as ~~six~~compared ~~months~~to ~~ended April 30,~~ 2015 weas ~~incurred~~described ~~losses of $32,054 and increased accounts payable and accrued expenses by $11,215~~above.

~~Cash~~Going ~~Flow from Investing Activities~~Concern

WeOur ~~neither~~financial ~~generated~~statements ~~funds~~for ~~nor~~the ~~used~~three ~~funds~~and innine ~~investing~~month ~~activities~~period ~~during~~ended ~~the~~July ~~six~~31, ~~month~~2016 ~~periods~~have ~~ended~~been ~~April~~prepared ~~30,~~on ~~2016~~a going concern basis which contemplates the realization of assets and ~~2015,~~liquidation ~~respectively~~of liabilities in the normal course of business.

~~Cash~~We ~~Flow~~not generated revenues, have achieved losses since our inception, and rely upon the sale of our common stock and proceeds from ~~Financing~~ ~~Activities~~shareholder loans to fund our operations. If we are unable to raise equity or secure alternative financing, we may not be able to continue our operations and our business plan may fail.

~~During~~If ~~the~~our ~~six~~operations ~~months~~and ~~ended~~cash ~~April~~flow 30improve, ~~2016,~~management webelieves ~~received~~that awe ~~$20,955~~can ~~loan~~continue ~~from~~to ~~a current~~operate. ~~officer~~However, ~~compared~~no toassurance acan ~~$20,839~~be ~~loan~~given ~~received~~that ~~from~~management's aactions ~~former~~will ~~officer~~result ~~during~~in ~~the~~profitable ~~six~~operations ~~months~~or ~~ended~~an ~~April~~improvement ~~30,~~in ~~2015~~our liquidity situation. The ~~increase~~threat inof ~~cash~~our ~~flow~~ability ~~from~~to ~~financing~~continue ~~activities~~as ina ~~2016~~going ~~reflected~~concern ~~our~~will ~~need~~cease to ~~fund~~exist ~~the~~only ~~increased~~when ~~cash~~our ~~flow~~revenues ~~used~~have inreached ~~operating~~a ~~activities~~level inable ~~2016 as compared~~ to ~~2015~~sustain asour ~~described~~business ~~above~~operations.

~~Going~~Our ~~Concern~~financial statements do not include any adjustments that might result from the outcome of this uncertainty.

~~Our~~12 ~~financial~~Table ~~statements for the three and six month period ended April 30, 2016 have been prepared on a going concern basis which contemplates the realization~~ of ~~assets and liquidation of liabilities in the normal course of business.~~Contents

WeFuture not generated revenues, have achieved losses since our inception, and rely upon the sale of our common stock and proceeds from shareholder loans to fund our operations. If we are unable to raise equity or secure alternative financing, we may not be able to continue our operations and our business plan may fail.Financings

If our ~~operations~~company ~~and~~is ~~cash~~unsuccessful ~~flow~~in ~~improve~~raising the additional proceeds through a private placement offering it will then have to seek additional funds through debt financing, ~~management~~which ~~believes~~would ~~that~~be wehighly ~~can~~difficult ~~continue~~for a new development stage company to ~~operate~~secure. ~~However~~Therefore, noour ~~assurance~~company ~~can~~is behighly ~~given~~dependent ~~that~~upon ~~management's~~the ~~actions~~success ~~will~~of ~~result~~the inanticipated ~~profitable~~private ~~operations~~placement oroffering anand ~~improvement~~failure thereof would result in our ~~liquidity~~company ~~situation.~~having ~~The~~to ~~threat~~seek ofcapital ~~our~~from ~~ability~~other tosources ~~continue~~such as adebt ~~going~~financing, ~~concern~~which ~~will~~may ~~cease~~be toavailable. ~~exist~~However, ~~only~~if ~~when~~such ~~our~~financing ~~revenues~~were available, because we have ~~reached~~no aoperations ~~level~~to ~~able~~date, we would likely have to pay additional costs associated with high risk loans and be subject to an above market interest rate. At such time these funds are required, management would evaluate the terms of such debt financing and determine whether the business could sustain operations and growth and manage the debt load. If our company cannot raise additional proceeds via a private placement of its common stock or secure debt financing we would be required to cease business operations. As a result, investors in our company's common stock would lose all of their investment.

~~Our~~As ~~financial~~of ~~statements~~the dodate of this Report, the current funds available to our company will not ~~include~~be sufficient to continue operations. The cost to establish our company and begin operations is estimated to be approximately $100,000 over the next twelve months and the cost of maintaining our reporting status is estimated to be $8,000 over this same period, not taking into account any ~~adjustments~~additional funds that ~~might~~may ~~result~~be ~~from~~required for the ~~outcome~~acquisition or commencement of a stem cell banking business. Our officers and directors have undertaken to provide our company with operating capital to sustain our business over the next twelve month period as the expenses are incurred in the form of a non-secured loan. However, there is no contract in place or written agreement securing this ~~uncertainty~~agreement. Management believes that if our company cannot raise sufficient revenues or maintain its reporting status with the Securities and Exchange Commission ("SEC") we will have to cease all efforts directed towards our company. As such, any investment previously made would be lost in its entirety.

12Plan of Operation

~~Table~~As a result of ~~Contents~~the change of control, and the change in our management as noted herein, our company now intends to investigate additional opportunities in an effort to enhance shareholder value. Those efforts are initially anticipated to focus on the development of stem cell banking cryopreserved in Asia, with the expectation that primary customers would come from China.

~~Future~~In ~~Financings~~order to pursue this initiative, we anticipate that our cash requirements for the next twelve months shall consist of:

If our company is unsuccessful in raising the additional proceeds through a private placement offering it will then have to seek additional funds through debt financing, which would be highly difficult for a new development stage company to secure. Therefore, our company is highly dependent upon the success of the anticipated private placement offering and failure thereof would result in our company having to seek capital from other sources such as debt financing, which may be available. However, if such financing were available, because we have no operations to date, we would likely have to pay additional costs associated with high risk loans and be subject to an above market interest rate. At such time these funds are required, management would evaluate the terms of such debt financing and determine whether the business could sustain operations and growth and manage the debt load. If our company cannot raise additional proceeds via a private placement of its common stock or secure debt financing we would be required to cease business operations. As a result, investors in our company's common stock would lose all of their investment.

Description	Estimated Expenses ($)
Legal and accounting fees		30,000
Management and operating costs		30,000
Salaries and consulting fees		20,000
General and administrative expenses		20,000
Total		100,000

AsOff ofBalance ~~the~~Sheet date of this Report, the current funds available to our company will not be sufficient to continue operations. The cost to establish our company and begin operations is estimated to be approximately $100,000 over the next twelve months and the cost of maintaining our reporting status is estimated to be $8,000 over this same period, not taking into account any additional funds that may be required for the acquisition or commencement of a stem cell banking business. Our officers and directors have undertaken to provide our company with operating capital to sustain our business over the next twelve month period as the expenses are incurred in the form of a non-secured loan. However, there is no contract in place or written agreement securing this agreement. Management believes that if our company cannot raise sufficient revenues or maintain its reporting status with the Securities and Exchange Commission ("SEC") we will have to cease all efforts directed towards our company. As such, any investment previously made would be lost in its entirety. Arrangements

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

As13 aTable ~~result~~ of the change of control, and the change in our management as noted herein, our company now intends to investigate additional opportunities in an effort to enhance shareholder value. Those efforts are initially anticipated to focus on the development of stem cell banking cryopreserved in Asia, with the expectation that primary customers would come from China.Contents

InCritical ~~order~~Accounting ~~to pursue this initiative, we anticipate that our cash requirements for the next twelve months shall consist of:~~Policies

Description	Estimated Expenses ($)
Legal and accounting fees	30,000
Management and operating costs	30,000
Salaries and consulting fees	20,000
General and administrative expenses	20,000
Total	100,000

Basis of Presentation

~~Off~~The ~~Balance~~accompanying ~~Sheet~~financial ~~Arrangement~~statements include the accounts of our company and have been prepared in accordance with accounting principles generally accepted in the United States ("GAAP") and the instructions to Form 10-K and Regulation S-X and are presented in US dollars. Our company has adopted an October 31 fiscal year end.

WeUnaudited doInterim ~~not~~Financial have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors.Statements

13The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q. Accordingly, the financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.

~~Table~~In the opinion of ~~Contents~~management, all adjustments consisting of normal recurring entries necessary for a fair statement of the periods presented for: (a) the financial position; (b) the result of operations; and (c) cash flows, have been made in order to make the financial statements presented not misleading. The results of operations for such interim periods are not necessarily indicative of operations for a full year.

~~Critical~~While ~~Accounting~~management ~~Policies~~of our company believes that the disclosures presented herein are adequate and not misleading, these condensed interim financial statements should be read in conjunction with the audited combined financial statements and the footnotes thereto for the year ended October 31, 2015 filed on Form 10-K on January 29, 2016.

~~Basis~~Use of ~~Presentation~~Estimates and Assumptions

The ~~accompanying~~preparation of financial statements ~~include~~in conformity with accounting principles generally accepted in the ~~accounts~~United States of ~~our~~America ~~company~~requires management to make estimates and ~~have~~assumptions ~~been~~that ~~prepared~~affect inthe ~~accordance~~reported ~~with~~amounts ~~accounting~~of ~~principles~~assets ~~generally~~and ~~accepted~~liabilities inand ~~the~~disclosure ~~United~~of ~~States~~contingent ~~("GAAP")~~assets and liabilities at the ~~instructions~~date toof ~~Form~~the ~~10-K~~financial statements and ~~Regulation~~the ~~S-X~~reported ~~and~~amounts ~~are~~of ~~presented~~revenues inand USexpenses ~~dollars. Our~~during ~~company~~the ~~has~~reporting ~~adopted~~period. anActual ~~October~~results 31could ~~fiscal~~differ ~~year~~from ~~end~~those estimates.

~~Unaudited~~Recent ~~Interim~~Accounting ~~Financial Statements~~Pronouncements

~~The~~Our ~~accompanying~~company ~~unaudited~~reviewed ~~financial~~all ~~statements~~the ~~have~~recently ~~been~~issued, ~~prepared~~but innot ~~accordance~~yet ~~with~~effective, ~~generally accepted~~ accounting ~~principles~~pronouncements ~~in the United States of America for interim financial information~~ and ~~with~~we ~~the instructions to Form 10-Q. Accordingly, the financial statements~~ do not ~~include~~believe ~~all~~any of ~~the~~these ~~information~~pronouncements ~~and~~will ~~footnotes~~have ~~required~~a bymaterial ~~generally~~impact ~~accepted~~on ~~accounting~~our ~~principles for complete financial statements~~company.

InItem ~~the~~3. ~~opinion~~Quantitative ~~of management, all adjustments consisting of normal recurring entries necessary for a fair statement of the periods presented for: (a) the financial position; (b) the result of operations;~~ and ~~(c)~~Qualitative ~~cash~~Disclosures ~~flows,~~about ~~have~~Market ~~been made in order to make the financial statements presented not misleading. The results of operations for such interim periods are not necessarily indicative of operations for a full year.~~Risk

~~While~~As ~~management~~a of"smaller ~~our~~reporting company", ~~believes~~we ~~that the disclosures presented herein~~ are ~~adequate and~~ not ~~misleading,~~required ~~these~~to ~~condensed~~provide ~~interim financial statements should be read in conjunction with~~ the ~~audited~~information ~~combined~~required ~~financial~~by ~~statements~~this ~~and the footnotes thereto for the year ended October 31, 2015 filed on Form 10-K on January 29, 2016~~Item.

~~Use~~14 Table of ~~Estimates and Assumptions~~Contents

~~The~~Item ~~preparation~~4. ofControls ~~financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates~~ and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.Procedures

~~Recent~~Evaluation ~~Accounting~~of ~~Pronouncements~~Disclosure Controls and Procedures

~~Our~~We ~~company~~maintain ~~reviewed~~disclosure ~~all~~controls and procedures that are designed to ensure that information required to be disclosed in our reports filed under the ~~recently~~Securities ~~issued~~Exchange Act of 1934, ~~but~~as ~~not~~amended, ~~yet~~is ~~effective~~recorded, ~~accounting~~processed, ~~pronouncements~~summarized and wereported dowithin ~~not~~the ~~believe~~time ~~any~~periods ofspecified ~~these~~in ~~pronouncements~~the ~~will~~Securities ~~have~~and aExchange ~~material~~Commission's ~~impact~~rules onand forms, and that such information is accumulated and communicated to our ~~company~~management, including our chief executive officer (our principal executive officer) and our chief financial officer (our principal financial officer and principal accounting officer) to allow for timely decisions regarding required disclosure.

~~Item~~As 3of the end of our quarter covered by this report, we carried out an evaluation, under the supervision and with the participation of our chief executive officer (our principal executive officer) and our chief financial officer (our principal financial officer and principal accounting officer), of the effectiveness of the design and operation of our disclosure controls and procedures. ~~Quantitative~~ Based on the foregoing, our chief executive officer (our principal executive officer) and ~~Qualitative~~our ~~Disclosures~~chief ~~about~~financial ~~Market~~officer ~~Risk~~(our principal financial officer and principal accounting officer) concluded that our disclosure controls and procedures were not effective as of the end of the period covered by this quarterly report.

AsChanges ain ~~"smaller~~Internal ~~reporting~~Controls ~~company",~~over weFinancial ~~are not required to provide the information required by this Item.~~Reporting

~~Item~~There ~~4. Controls~~have ~~and~~been ~~Procedures~~no changes in our internal control over financial reporting that occurred during the period ended July 31, 2016 that have materially affected or are reasonably likely to materially affect our internal control over financial reporting.

~~Evaluation~~15 Table of ~~Disclosure Controls and Procedures~~Contents

WePART ~~maintain~~II ~~disclosure~~– ~~controls~~OTHER and procedures that are designed to ensure that information required to be disclosed in our reports filed under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms, and that such information is accumulated and communicated to our management, including our chief executive officer (our principal executive officer) and our chief financial officer (our principal financial officer and principal accounting officer) to allow for timely decisions regarding required disclosure.INFORMATION

14Item 1. Legal Proceedings

~~Table~~We know of ~~Contents~~no material, existing or pending legal proceedings against our company, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which any of our directors, officers or affiliates, or any registered or beneficial shareholder, is an adverse party or has a material interest adverse to our interest.

AsItem of the end of our quarter covered by this report, we carried out an evaluation, under the supervision and with the participation of our chief executive officer (our principal executive officer) and our chief financial officer (our principal financial officer and principal accounting officer), of the effectiveness of the design and operation of our disclosure controls and procedures1A. ~~Based~~Risk on the foregoing, our chief executive officer (our principal executive officer) and our chief financial officer (our principal financial officer and principal accounting officer) concluded that our disclosure controls and procedures were not effective as of the end of the period covered by this quarterly report.Factors

~~Changes~~As ina ~~Internal~~“smaller ~~Controls~~reporting ~~over~~company”, ~~Financial~~we ~~Reporting~~are not required to provide the information required by this Item.

~~There~~Item ~~have~~2. ~~been~~Unregistered noSales ~~changes~~of inEquity ~~our~~Securities ~~internal~~and ~~control~~Use ~~over~~of ~~financial reporting that occurred during the period ended April 30, 2016 that have materially affected or are reasonably likely to materially affect our internal control over financial reporting.~~ Proceeds

~~PART~~No IIsales –of ~~OTHER~~unregistered ~~INFORMATION~~equity securities were completed during the three and nine month periods ended July 31, 2016 and July 31, 2015.

Item 13. ~~Legal~~ ~~Proceedings~~Defaults Upon Senior Securities

WeNo ~~know~~senior ofdebt nowas ~~material,~~issued ~~existing~~ or ~~pending~~outstanding ~~legal~~during ~~proceedings~~the ~~against~~three ~~our~~month ~~company,~~periods ~~nor~~ended ~~are~~July ~~we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which any of our directors~~31, ~~officers~~2016 orand ~~affiliates, or any registered or beneficial shareholder, is an adverse party or has a material interest adverse to our interest~~2015.

Item 1A4. ~~Risk~~ ~~Factors~~Mining Safety Disclosures

AsNot aapplicable ~~“smaller reporting company”, we are not required~~ to ~~provide~~our ~~the information required by this Item.~~company

Item 25. ~~Unregistered~~ ~~Sales~~Other ~~of Equity Securities and Use of Proceeds~~Information

~~No sales of unregistered equity securities were completed during the three and six month periods ended April 30, 2016 and April 30, 2015~~None.

~~Item~~16 ~~3. Defaults~~Table ~~Upon~~of ~~Senior Securities~~Contents

NoItem ~~senior debt was issued or outstanding during the three month periods ended April 30, 2016 and 2015~~6. Exhibits

Item 4. Mining Safety Disclosures

Exhibit No.		Document Description

(3)		(i) Articles of Incorporation; (ii) By-laws

3.1		Articles of Incorporation ( Incorporated by reference to our Registration Statement on Form S-1 filed on January 25, 2013)

3.2		By-Laws ( Incorporated by reference to our Registration Statement on Form S-1 filed on January 25, 2013)

3.3		Articles of Merger filed with the Nevada Secretary of State on April 17, 2015 with an effective date of July 31, 2015. (Incorporated by reference to our Current Report on Form 8-K filed May 5, 2015)

(31)		Rule 13a-14(a) / 15d-14(a) Certifications

31.1*		Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of the Principal Executive Officer

31.2*		Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of the Principal Financial Officer and Principal Accounting Officer

(32)		Section 1350 Certifications

32.1*		Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 of the Principal Executive Officer

32.2*		Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 of the Principal Financial Officer and Principal Accounting Officer

101*		Interactive Data File

10.1 LAB		XBRL Taxonomy Extension Label Linkbase

10.1 PRE		XBRL Taxonomy Extension Presentation Linkbase

10.1 INS		XBRL Instance Document

10.1 SCH		XBRL Taxonomy Extension Schem

10.1 CAL		XBRL Taxonomy Extension Calculation Linkbase

10.1 DEF		XBRL Taxonomy Extension Definition Linkbase

~~Not applicable to our company~~_______

~~Item~~*Filed 5herewith. ~~Other Information~~

~~None.~~17 Table of Contents

15SIGNATURES

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

Item 6. Exhibits

	MAGICSTEM GROUP CORP.
	(Registrant)
Date: September 13, 2016	By:	/s/ Chi Man Ng
		Chi Man Ng
		President, Chief Executive Officer, and Director (Principal Executive Officer)

Date: September 13, 2016		/s/ Ka Sing Edmund Yeung
		Ka Sing Edmund Yeung
		Chief Financial Officer, Treasurer, Secretary and Director
		(Principal Financial Officer and Principal Accounting Officer)

Exhibit No.		Document Description
(3)		(i) Articles of Incorporation; (ii) By-laws
3.1		Articles of Incorporation ( Incorporated by reference to our Registration Statement on Form S-1 filed on January 25, 2013)
3.2		By-Laws ( Incorporated by reference to our Registration Statement on Form S-1 filed on January 25, 2013)
3.3		Articles of Merger filed with the Nevada Secretary of State on April 17, 2015 with an effective date of July 31, 2015. (Incorporated by reference to our Current Report on Form 8-K filed May 5, 2015)
(31)		Rule 13a-14(a) / 15d-14(a) Certifications
31.1*		Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of the Principal Executive Officer
31.2*		Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of the Principal Financial Officer and Principal Accounting Officer
(32)		Section 1350 Certifications
32.1*		Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 of the Principal Executive Officer
32.2*		Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 of the Principal Financial Officer and Principal Accounting Officer
101*		Interactive Data File
10.1 LAB		XBRL Taxonomy Extension Label Linkbase
10.1 PRE		XBRL Taxonomy Extension Presentation Linkbase
10.1 INS		XBRL Instance Document
10.1 SCH		XBRL Taxonomy Extension Schem
10.1 CAL		XBRL Taxonomy Extension Calculation Linkbase
10.1 DEF		XBRL Taxonomy Extension Definition Linkbase

*Filed herewith.

Table of Contents

SIGNATURES

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

		MAGICSTEM GROUP CORP.
		(Registrant)
Date: June 2, 2016	By:	/s/ Chi Man Ng
		Chi Man Ng
		President, Chief Executive Officer, and Director (Principal Executive Officer)
Date: June 2, 2016		/s/ Ka Sing Edmund Yeung
		Ka Sing Edmund Yeung
		Chief Financial Officer, Treasurer, Secretary and Director
		(Principal Financial Officer and Principal Accounting Officer)

Filing Compare · MAGICSTEM GROUP CORP.