10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

_______________

FORM 10-Q

_______________

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

For the quarterly period ended March 31, 2013

OR

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

  For the transition period from ______ to ______.

Commission File Number: 001-34858

___________________________________________________

PARADIGM RESOURCE MANAGEMENT CORPORATION

 (Exact name of registrant as specified in its charter)

___________________________________________________

Nevada	98-0568076
(State or other jurisdiction of incorporation or organization)	(IRS Employer Identification No.)
13520 Oriental St. Rockville, MD	20853
(Address of principal executive offices)	(Zip Code)

(202) 536-5191

 (Registrant’s telephone number, including area 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. Yes  x  No  o

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

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

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. Yes x  No  o

As of May 13, 2013 the registrant had 322,800,000 shares of its Common Stock, $0.001 par value, outstanding.

PARADIGM RESOURCE MANAGEMENT CORPORATION

FORM 10-Q

MARCH 31, 2013

INDEX

		Page
PART I – FINANCIAL INFORMATION		3
Item 1.	Financial Statements	3
	Balance Sheets as of March 31, 2013 (unaudited) and September 30, 2012	3
	Statements of Operations for the Three and Six Months Ended March 31, 2013 and 2012 and for the Period March 26, 2007 (Inception) to March 31, 2013 (unaudited)	4
	Statements of Cash Flows for the Six Months Ended March 31, 2013 and 2012 and for the Period March 26, 2007 (Inception) to March 31, 2013 (unaudited)	5
	Notes to Financial Statements (unaudited)	7
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	10
Item 3	Quantitative and Qualitative Disclosures About Market Risk	12
Item 4.	Controls and Procedures	13
PART II – OTHER INFORMATION
Item 1.	Legal Proceedings	13
Item 1.A.	Risk Factors	13
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	13
Item 3.	Defaults Upon Senior Securities	13
Item 4.	Mine Safety Disclosures	13
Item 5.	Other Information	13
Item 6.	Exhibits	13
SIGNATURE		14

2

PART I – FINANCIAL INFORMATION

Item 1.  Financial Statements

PARADIGM RESOURCE MANAGEMENT CORPORATION

(A Development Stage Company)

Balance Sheets

	March 31,			September 30,
	2013			2012
	(unaudited)
ASSETS
Current assets:
Cash and cash equivalents	$	–		$	–
Total assets	$	–		$	–
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities:
Accounts payable	$	17,445		$	20,737
Accrued expenses		10,000			19,750
Amount due to shareholder		197,006			132,308
Total current liabilities		224,451			172,795
Other liabilities		–			–
Total liabilities		224,451			172,795
Stockholders' deficit:
Common stock, $.001 par value, 1,600,000,000 shares authorized, 322,800,000 shares issued and outstanding at March 31, 2013 and September 30, 2012		322,800			322,800
Additional paid-in capital		204,000			204,000
Deficit accumulated during the development stage		(751,251	)		(699,595	)
Total stockholders' deficit		(224,451	)		(172,795	)
Total liabilities and stockholders' deficit	$	–		$	–

See accompanying notes to financial statements.

3

PARADIGM RESOURCE MANAGEMENT CORPORATION

(A Development Stage Company)

Statements of Operations

(unaudited)

	For the Three Months Ended						For the Six Months Ended						For the Period March 26, 2007 (Inception) to
	March 31,			March 31,			March 31,			March 31,			March 31,
	2013			2012			2013			2012			2013
Net revenue	$	–		$	–		$	–		$	–		$	31,912
Cost of revenue		–			–			–			–			15,731
Gross profit		–			–			–			–			16,181
General and administrative expenses		26,095			37,754			51,656			42,803			467,869
Loss from operations		(26,095	)		(37,754	)		(51,656	)		(42,803	)		(451,688	)
Other income (expense):
Gain on disposal of subsidiaries		–			–			–			–			118,193
Exchange gain		–			–			–			–			1,028
Interest income		–			–			–			–			293
Other income		–			–			–			–			903
Interest expense		–			–			–			–			(2,170	)
Total other income (expense)		–			–			–			–			118,247
Loss before income taxes		(26,095	)		(37,754	)		(51,656	)		(42,803	)		(333,441	)
Provision for income taxes		–			–			–			–			–
Net loss		(26,095	)		(37,754	)		(51,656	)		(42,803	)		(333,441	)
Net loss attributable to noncontrolling interest		–			–			–			–			24,430
Net loss attibutable to Paradigm Resource Management Corporation	$	(26,095	)	$	(37,754	)	$	(51,656	)	$	(42,803	)	$	(309,011	)
Net loss per share - basic and diluted	$	–		$	–		$	–		$	–
Weighted average number of shares outstanding - Basic and Diluted		322,800,000			1,522,800,000			322,800,000			1,522,800,000

See accompanying notes to financial statements.

4

PARADIGM RESOURCE MANAGEMENT CORPORATION

(A Development Stage Company)

Statements of Cash Flows

(unaudited)

	For the Six Months Ended						For the Period March 26, 2007 (Inception) to
	March 31,			March 31,			March 31,
	2013			2012			2013
Cash flows from operating activities:
Net loss	$	(51,656	)	$	(42,803	)	$	(309,011	)
Adjustments to reconcile net loss to net cash used in operations:
Depreciation		–			–			2,914
Noncontrolling interest		–			–			(24,430	)
Gain on disposal of subsidiaries		–			–			(118,193	)
Common stock issued for services		–			–			400
Changes in operating assets and liabilities:
Accounts receivable		–			–			(859	)
Other receivable		–			–			1,812
Loan receivable		–			–			12,822
Due from related party		–			–			(19,443	)
Deposit		–			–			(5,871	)
Inventory		–			–			(1,897	)
Accounts payable		17,405			22,914			121,262
Accrued expenses		10,000			16,500			44,210
Net cash used in operating activities		(24,251	)		(3,389	)		(296,284	)
Cash flows from investing activities:
Acquisition of subsidiary, net of cash		–			–			75,650
Disposal of subsidiary, net of cash		–			–			39,742
Capital expenditures		–			–			(12,511	)
Net cash provided by investing activities		–			–			102,881
Cash flows from financing activities:
Proceeds from loan payable		–			–			6,793
Amounts due shareholder		24,251			3,389			141,500
Amounts due directors		–			–			4,860
Proceeds from sale of common stock		–			–			44,160
Net cash provided by financing activities		24,251			3,389			197,313
Effect of exchange rate fluctuations on cash		–			–			(3,910	)
Net increase (decrease) in cash		–			–			–
Cash and cash equivalents at beginning of period		–			–			–
Cash and cash equivalents at end of period	$	–		$	–		$	–

See accompanying notes to financial statements.

Continued

5

PARADIGM RESOURCE MANAGEMENT CORPORATION

(A Development Stage Company)

Statements of Cash Flows (Continued)

(unaudited)

	For the Six Months Ended				For the Period March 26, 2007 (Inception) to
	March 31,		March 31,		March 31,
	2013		2012		2013
Supplemental disclosure of cash flow information:
Cash paid for interest	$	–	$	–	$	2,170
Cash paid for taxes	$	–	$	–	$	–
Supplemental disclosure of non-cash financing activities:
Accounts payable paid by shareholder	$	20,697	$	379	$	21,076
Accrued expenses paid by shareholder	$	19,750	$	6,000	$	34,250
Contribution, retirement and cancellation of 1,200,000,000 shares of common stock by principal shareholder
Common stock	$	–	$	–	$	(1,200,000	)
Additional paid in capital	$	–	$	–	$	204,000
Deficit accumulated during the development stage	$	–	$	–	$	996,000
Amounts due to director paid by shareholder	$	–	$	–	$	180

See accompanying notes to financial statements.

6

PARADIGM RESOURCE MANAGEMENT CORPORATION

(A Development Stage Company)

Notes to Financial Statements
March 31, 2013

(unaudited)

Note 1 – Nature of Business, Presentation and Going Concern

Organization

Paradigm Resource Management Corporation (the "Company") was incorporated in Nevada on March 26, 2007 under the name China Digital Ventures Corporation. The principal business of the Company was its web based telecom and IPTV businesses, both of which were disposed of during the year ended September 30, 2010. As of the date hereof, the Company has no operations.

On July 23, 2010, the Company experienced a change in control.  Canton Investments Ltd (“CIL”) acquired a majority of the issued and outstanding common stock of the Company in accordance with stock purchase agreements by and between CIL and Wireless One International Limited (“Wireless One”), Bing HE and Ning HE, the Company’s former directors, and other various shareholders.  On the closing date, July 23, 2010, pursuant to the terms of the Stock Purchase Agreement, CIL purchased from Wireless One and Bing HE and Ning HE 1,150,000,000 post-split shares of the Company’s outstanding common stock for $205,750.  Also on July 23, 2010, CIL purchased 244,000,000 post-split shares of the Company’s outstanding common stock for $36,600 from various shareholders.  As a result of the change in control, CIL owned a total of 1,394,000,000 post-split shares of the Company’s common stock representing 91.54% at July 23, 2010.

On May 10, 2012, the Company filed an amendment to its Articles of Incorporation in the State of Nevada to change its name to Paradigm Resource Management Corporation. The Company is currently contemplating acquisitions of certain gold, copper and uranium mineral property rights.

Stock Split

On June 1, 2012, the Company's Board of Directors declared a one hundred-to-one forward stock split of all outstanding shares of common stock. The effect of the stock split increased the number of shares of common stock outstanding from 15,228,000 to 1,522,800,000. All common share and per common share data in these financial statements and related notes hereto have been retroactively adjusted to account for the effect of the stock split for all periods presented prior to June 1, 2012. The total number of authorized common shares and the par value thereof was not changed by the split.

Basis of Presentation

The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial statement presentation and in accordance with Form 10-Q. Accordingly, they do not include all of the information and footnotes required in annual financial statements. In the opinion of management, the unaudited financial statements contain all adjustments (consisting only of normal recurring accruals) necessary to present fairly the financial position and results of operations and cash flows. The results of operations presented are not necessarily indicative of the results to be expected for any other interim period or for the entire year.

These unaudited financial statements should be read in conjunction with our 2012 annual financial statements included in our Form 10-K, filed with the U.S. Securities and Exchange Commission (“SEC”) on December 27, 2012.

Going Concern

The accompanying unaudited 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. The Company has incurred a net loss of $51,656 for the six months ended March 31, 2013 and has incurred cumulative losses since inception of $309,011. The Company has a stockholders’ deficit of $224,451 at March 31, 2013.  These conditions raise substantial doubt about the ability of the Company to continue as a going concern.

The ability of the Company to continue as a going concern is dependent upon its abilities to generate revenues, to continue to raise investment capital, and develop and implement its business plan.  No assurance can be given that the Company will be successful in these efforts.

The unaudited 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. Management believes that actions presently being taken to obtain additional funding and implement its strategic plans provide the opportunity for the Company to continue as a going concern. No assurance can be given that the Company will be successful in these efforts.

7

PARADIGM RESOURCE MANAGEMENT CORPORATION

(A Development Stage Company)

Notes to Financial Statements
March 31, 2013

(unaudited)

Note 1 – Nature of Business, Presentation and Going Concern (Continued)

Development Stage Enterprise

The Company is a development stage enterprise, as defined in ASC Topic 915 “Development Stage Entities” and as such, its planned principal operations have not fully commenced.

Note 2 – Related Party Transactions

In connection with the change in control which occurred on July 23, 2010, Canton Investments Ltd (“Canton”), the Company’s principal shareholder, assumed an outstanding loan from the former shareholders of the Company of $19,103. During the year ended September 30, 2011, Canton paid an additional $37,879 of expenses in connection with the Company’s operations, as well as a $180 liability due to a director, resulting in an amount due to Canton of $57,162 at September 30, 2011. During the year ended September 30, 2012, Canton paid $379 of accounts payable and $12,000 of accrued expenses at September 30, 2011 plus $62,767 of expenses in connection with the Company’s operations, resulting in an amount due to Canton of $132,308 at September 30, 2012.

During the six months ended March 31, 2013, Canton paid $20,697 of accounts payable and $19,750 of accrued expenses at September 30, 2012 plus an additional $24,251 of expenses in connection with the Company’s operations, resulting in an amount due to Canton of $197,006 at March 31, 2013. The loan is unsecured, non-interest bearing and there is no repayment date.

As of January 1, 2012, the Company agreed to compensate Mr. David Price, the Company’s Secretary and son of its Chief Executive Officer and Director, $5,000 per month for his services. At March 31, 2013, $10,000 was due to Mr. Price and included in accounts payable. $30,000 and $15,000 are included in general and administrative expenses for the six months ended March 31, 2013 and 2012, respectively.

Note 3 – Stockholders’ Deficit

The Company has authorized 1,600,000,000 shares of Common Stock, $0.001 par value.  As of March 31, 2013 and September 30, 2012, the Company had 322,800,000 shares of Common Stock issued and outstanding.  

During the period from March 26, 2007 (date of inception) to September 30, 2007, the Company issued 1,000,000,000 shares of its common stock to founders of the Company for $10,000 cash or $0.00001 per share.

During the period from March 26, 2007 (date of inception) to September 30, 2007, the Company issued 300,000,000 shares of its common stock for $30,000 cash or $0.0001 per share.

During the year ended September 30, 2008, the Company issued 20,800,000 restricted shares of its common stock for $4,160 cash or $0.0002 per share.

During the year ended September 30, 2008, the Company issued 2,000,000 restricted shares of its common stock for services rendered aggregating $400 as stock based compensation.

On July 6, 2009, the Company issued 200,000,000 shares of its Common Stock to the then current major shareholder of the Company for the acquisition of 19,200,000 shares in China Integrated Media Corporation Limited.

Pursuant to the terms of the stock purchase agreement effective July 23, 2010 between Bing HE and Canton Investments Ltd., $19,103 of amounts due to a shareholder were contributed to capital.

On April 24, 2012, the Company filed an amendment to its Articles of Incorporation in the State of Nevada to increase its authorized number of common shares to 1,600,000,000 at $0.001 par value.  

On June 1, 2012, the Company's Board of Directors declared a one hundred-to-one forward stock split which was distributed on June 22, 2012 to shareholders of record and has filed an amendment to its Articles of Incorporation in the State of Nevada. The par value of $0.001 remained the same. The impact of the forward split created an increase in common stock of $1,507,572 and a resultant charge to additional paid in capital and the deficit accumulated during the development stage of $69,332 and $1,438,240, respectively.

8

PARADIGM RESOURCE MANAGEMENT CORPORATION

(A Development Stage Company)

Notes to Financial Statements
March 31, 2013

(unaudited)

Note 3 – Stockholders’ Deficit (Continued)

On September 10, 2012, the principal shareholder of the Company contributed 1,200,000,000 shares of common stock to the Company’s treasury valued at $204,000 or $.00017 per share, based on the price paid by the shareholder to acquire the shares.  The Company immediately retired and canceled these shares resulting in a gain of $996,000 which was recorded as a credit to deficit accumulated during the development stage.

Note 4 – Subsequent Events

The Company has evaluated subsequent events through the date the financial statements were issued and filed with the Securities and Exchange Commission. The Company has determined that there are no such events that warrant disclosure or recognition in the financial statements.

9

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

SPECIAL NOTE CONCERNING FORWARD-LOOKING STATEMENTS

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

The forward-looking statements included in this Form 10-Q and referred to elsewhere are related to future events or our strategies or future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "believe," "anticipate," "future," "potential," "estimate," "encourage," "opportunity," "growth," "leader," "expect," "intend," "plan," "expand," "focus," "through," "strategy," "provide," "offer," "allow," commitment," "implement," "result," "increase," "establish," "perform," "make," "continue," "can," "ongoing," "include" or the negative of such terms or comparable terminology. All forward-looking statements included in this Form 10-Q are based on information available to us as of the filing date of this report, and the Company assumes no obligation to update any such forward-looking statements. Our actual results could differ materially from the forward-looking statements.

Important factors that might cause our actual results to differ materially from the results contemplated by the forward-looking statements are contained in the “Risk Factors” section of and elsewhere in our Annual Report on Form 10-K for the fiscal year ended December 31, 2012 and in our subsequent filings with the Securities and Exchange Commission.  The following discussion of our results of operations should be read together with our financial statements and related notes included elsewhere in this report.

Company Overview

The Company was incorporated as China Digital Ventures Corporation in Nevada on March 26, 2007 and was in the web based telecom services business in China. The Company's mission was to acquire, own and manage a portfolio of "technology", "media" and "telecommunication" assets in China. During the periods presented, all revenue was derived from the telecom business sector.

In July 2009, the Company acquired a 76.8% interest in China Integrated Media Corporation Limited ("CIMC"), a public company in Australia.

In February 2010, the Company decided to divest from its investment in CIMC due to its inability to raise the capital necessary to pursue this investment on a timely manner and concerns on its internal liquidity. On April 30, 2010 the Company disposed of CIMC.

On June 20, 2010, the Company disposed of its subsidiary company, Lead Concept Limited, which operated its web based VOIP business as the Company was no longer competitive in this market segment. After this disposal, the Company had no operations.

On July 23, 2010, the Company experienced a change in control.  Canton Investments Ltd (“CIL”) acquired a majority of the issued and outstanding common stock of the Company in accordance with stock purchase agreements by and between CIL and Wireless One International Limited (“Wireless One”), Bing HE and Ning HE, the Company’s former directors, and other various shareholders.  On the closing date, July 23, 2010, pursuant to the terms of the Stock Purchase Agreement, CIL purchased from Wireless One and Bing HE and Ning HE 1,150,000,000 shares of the Company’s outstanding common stock for $205,750. Also on July 23, 2010, CIL purchased 244,000,000 shares of the Company’s outstanding common stock for $36,600 from various shareholders. As a result of the change in control, CIL owned a total of 1,394,000,000 shares of the Company’s common stock representing 91.54% at July 23, 2010.

On May 10, 2012, the Company filed an amendment to its Articles of Incorporation in the State of Nevada to change its name to Paradigm Resource Management Corporation. The Company is currently contemplating acquisitions of certain gold, copper and uranium mineral property rights.

On September 10, 2012, CIL contributed 1,200,000,000 shares of common stock to the Company’s treasury.  The Company immediately retired and canceled these shares. As a result of the contribution of shares, CIL owns a total of 194,000,000 shares of the Company’s common stock representing 60.1%.

The Company is currently a development stage enterprise.

10

Plan of Operation

On March 21, 2012, the Company signed a Letter of Intent to acquire all of the mineral rights properties of ARNEVUT Resources, Inc. (“ARNEVUT”), an exploration and mining company engaged in the identification, acquisition, evaluation, exploration and development of mineral properties in the United States. ARNEVUT holds mineral rights, or options to acquire mineral rights, on certain properties in Nevada, Utah, and New Mexico. After the completion of our due diligence, management decided not to complete the acquisition.

On May 22, 2012, the Company signed a Memorandum of Understanding between the shareholder group of Sao Camilo Mineradora Ltda. Group (“Sao Camilo”) to acquire a strategic equity interest in Sao Camilo. Sao Camilo was founded in 2006 with the objective of developing an iron ore processing project, The Sao Camilo Project, to produce and export pellet feeds from its mining resources located nearby the city of Sao Raimundo Nonato, south of Piaui State, in the northeast region of Brazil. To date, Sao Camilo has acquired two farms totaling 690 hectares, which cover most of the mining rights, including the ideal location for the construction of plant facilities, piling stocks and tailings dam. After the completion of our due diligence, management decided not to complete the acquisition.

Management is currently assessing and evaluating new strategic opportunities as it remains in its development stage.

Results of Operations

For the Six Months Ended March 31, 2013 and 2012 and For the Period March 26, 2007 (Inception) to March 31, 2013

Revenues

The Company had no revenue for the six months ended March 31, 2013 and 2012.

For the period from March 26, 2007 (date of inception) to March 31, 2013, the Company realized revenue of $31,912, incurred a cost of revenue of $15,731 and achieved a gross profit of $16,181. All revenue was derived from the telecom business and reflects the disposal of the Company’s operating subsidiaries during the 2010 fiscal year.

Operating Expenses

For the six months ended March 31, 2013 total operating expenses were $51,656 compared to $42,803 for the six months ended March 31, 2012 resulting in an increase of $8,853. The increase in operating expenses primarily relates to increases in legal fees, accounting and audit fees, and costs associated with regulatory reporting.

For the period from March 26, 2007 (date of inception) to March 31, 2013, the accumulated gross profit was $16,181, the total operating expenses were $467,869 which was all general and administrative expenses, had $118,193 in gain on disposal of subsidiaries, $1,028 in exchange gain, $2,170 in interest expense, $1,196 in interest income and other income and loss attributable to minority interest of $24,430, resulting in an accumulated net loss to our shareholders of $309,011.

Liquidity and Capital Resources

Overview

As of March 31, 2013, the Company had no cash and a deficit in working capital of $224,451. Since July 23, 2010, the date CIL became our majority shareholder, our operating expenses have been funded and paid by CIL.

We do not have sufficient resources to effectuate our business. As of March 31, 2013, we had no cash. We expect to incur a minimum of $125,000 in expenses during the next twelve months of operations. We estimate that this will be comprised of the following expenses: $25,000 for business planning and development, and $100,000 for general overhead expenses such as legal and accounting fees, office overhead and general expenses.

Liquidity and Capital Resources during the Six Months Ended March 31, 2013 compared to the Six Months ended March 31, 2012

We used cash for operating activities of $24,251 and $3,389 for the six months ended March 31, 2013, and 2012, respectively. The elements of cash flow used in operations for the six months ended March 31, 2013 included a net loss of $51,656, offset by increases in accounts payable of $17,405 and accrued expenses of $10,000. The elements of cash flow used in operations for the six months ended March 31, 2012 included a net loss of $42,803, offset by increases in accounts payable of $22,914 and accrued expenses of $16,500.

11

We used no cash in investing activities during the six months ended March 31, 2013 and 2012.

Cash generated in our financing activities was $24,251 for the six months ended March 31, 2013, compared to cash generated of $3,389 during the comparable period in 2012. This increase was primarily attributed to amounts due to our principal shareholder for expenses paid on our behalf by the shareholder in 2013.

We will have to raise funds to pay for our expenses. We may have to borrow money from shareholders or issue debt or equity or enter into a strategic arrangement with a third party. There can be no assurance that additional capital will be available to us. We currently have no arrangements or understandings with any person to obtain funds through bank loans, lines of credit or any other sources. Since we have no such arrangements or plans currently in effect, our inability to raise funds for our operations will have a severe negative impact on our ability to remain a viable company.

Going Concern

Due to the uncertainty of our ability to meet our current operating and capital expenses, our independent auditors included an explanatory paragraph in their report on the financial statements for the year ended September 30, 2012 regarding concerns about our ability to continue as a going concern. Our financial statements contain additional note disclosures describing the circumstances that lead to this disclosure by our independent auditors.

Our unaudited financial statements have been prepared on a going concern basis, which assumes the realization of assets and settlement of liabilities in the normal course of business. Our ability to continue as a going concern is dependent upon our ability to generate profitable operations in the future and/or to obtain the necessary financing to meet our obligations and repay our liabilities arising from normal business operations when they become due. The outcome of these matters cannot be predicted with any certainty at this time and raise substantial doubt that we will be able to continue as a going concern. Our unaudited financial statements do not include any adjustments to the amount and classification of assets and liabilities that may be necessary should we be unable to continue as a going concern.

There is no assurance that our operations will be profitable. Our continued existence and plans for future growth depend on our ability to obtain the additional capital necessary to operate either through the generation of revenue or the issuance of additional debt or equity.

Off-Balance Sheet Arrangements

We currently have no off-balance sheet arrangements that have or are reasonably likely to have a current or future material effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.

Critical Accounting Policies

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires us to make a number of 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. Such estimates and assumptions affect the reported amounts of revenues and expenses during the reporting period. We base our estimates on historical experiences and on various other assumptions that we believe to be reasonable under the circumstances. Actual results may differ materially from these estimates under different assumptions and conditions. We continue to monitor significant estimates made during the preparation of our financial statements. On an ongoing basis, we evaluate estimates and assumptions based upon historical experience and various other factors and circumstances. We believe our estimates and assumptions are reasonable in the circumstances; however, actual results may differ from these estimates under different future conditions.

See Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and Note 2, “Summary of Significant Accounting Policies” in our audited financial statements for the year ended September 30, 2012, included in our Annual Report on Form 10-K as filed on December 27, 2012, for a discussion of our critical accounting policies and estimates.

Item 3.  Quantitative and Qualitative Disclosures About Market Risk.

The disclosure required under this item is not required to be reported by smaller reporting companies.

Item 4.  Controls and Procedures.

(a) Evaluation of Disclosure Controls and Procedures

The Company’s principal executive officer (“PEO”) who is also the principal financial officer (“PFO”), evaluated the effectiveness of the Company’s disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) promulgated under the Securities Exchange Act of 1934, as amended) as of the end of the period covered by this report.  Based on this evaluation, the PEO/PFO concluded that, as of the end of such period, the Company’s disclosure controls and procedures were not effective to ensure that information that is required to be disclosed by the Company in the reports it files or submits under the Exchange Act is (i) recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms and (ii) accumulated and communicated to the Company’s management, including the PEO/PFO, as appropriate, to allow timely decisions regarding required disclosure.

12

(b) Changes in Internal Control over Financial Reporting

There were no changes in our internal control over financial reporting, as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act, during our most recently completed fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II – OTHER INFORMATION

Item 1.  Legal Proceedings

We are currently not involved in any litigation that we believe could have a material adverse effect on our financial condition or results of operations.  There is no action, suit, proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of the executive officers of our company, threatened against or affecting our company or our common stock in which an adverse decision could have a material adverse effect.

Item 1A.  Risk Factors

The disclosure required under this item is not required to be reported by smaller reporting companies.

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

There were no unregistered sales of equity securities during the quarter ended March 31, 2013.

Item 3.  Defaults Upon Senior Securities.

None.

Item 4.  Mine Safety Disclosures

Not applicable.

Item 5.  Other Information.

None.

Item 6.  Exhibits

Exhibit 31.1	Certification by the Principal Executive Officer of Registrant pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (Rule 13a-14(a) or Rule 15d-14(a)). *
Exhibit 31.2	Certification by the Principal Financial Officer of Registrant pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (Rule 13a-14(a) or Rule 15d-14(a)). *
Exhibit 32.1	Certification by the Principal Executive Officer pursuant to 18 U.S.C. 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. *
Exhibit 32.2	Certification by the Principal Financial Officer pursuant to 18 U.S.C. 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. *
101.INS	XBRL Instance Document **
101.SCH	XBRL Taxonomy Extension Schema Document **
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document **
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document **
101.LAB	XBRL Taxonomy Extension Label Linkbase Document **
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document **

*	Filed herewith.
**	XBRL (Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.

13

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) 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.

Date:  May 20, 2013	By:	/s/ Robert M. Price
		Robert M. Price
		Chief Executive Officer (Principal Executive Officer) Chief Financial Officer (Principal Financial Officer)

14

EX-31.1

Exhibit 31.1

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER

PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO SECTION 302 OF

THE SARBANES-OXLEY ACT OF 2002

I, Robert M. Price, certify that:

1.	I have reviewed this Form 10-Q of Paradigm Resource Management Corporation;
2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods present in this report;
4.	I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13-a-15(f) and 15d-15(f)) for the registrant and have:
	a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
	b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
	c)	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
	d)	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.	I have disclosed, based on my most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
	a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
	b)	Any fraud, whether or not material, that involved management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: May 20, 2013	By:	/s/ Robert M. Price
		Robert M. Price
		Chief Executive Officer (Principal Executive Officer) Paradigm Resource Management Corporation

EX-31.2

 Exhibit 31.2

CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER

PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO SECTION 302 OF

THE SARBANES-OXLEY ACT OF 2002

I, Robert M. Price, certify that:

1.	I have reviewed this Form 10-Q of Paradigm Resource Management Corporation;
2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods present in this report;
4.	I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13-a-15(f) and 15d-15(f)) for the registrant and have:
	a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
	b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
	c)	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
	d)	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.	I have disclosed, based on my most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
	a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
	b)	Any fraud, whether or not material, that involved management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: May 20, 2013	By:	/s/ Robert M. Price
		Robert M. Price
		Chief Financial Officer (Principal Financial Officer) Paradigm Resource Management Corporation

EX-32.1

Exhibit 32.1

CERTIFICATION OF

PRINCIPAL EXECUTIVE OFFICER

PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO SECTION 906 OF

THE SARBANES-OXLEY ACT OF 2002

In connection with this Quarterly Report of Paradigm Resource Management Corporation (the “Company”) on Form 10-Q for the quarter ended March 31, 2013, as filed with the U.S. Securities and Exchange Commission on the date hereof (the “Report”), I, Robert M. Price, Chief Executive Officer (Principal Executive Officer) of the Company, certify to the best of my knowledge, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

1. The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: May 20, 2013	By:	/s/ Robert M. Price
		Robert M. Price
		Chief Executive Officer (Principal Executive Officer) Paradigm Resource Management Corporation

EX-32.2

Exhibit 32.2

CERTIFICATION OF

PRINCIPAL FINANCIAL OFFICER

PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO SECTION 906 OF

THE SARBANES-OXLEY ACT OF 2002

In connection with this Quarterly Report of Paradigm Resource Management Corporation (the “Company”) on Form 10-Q for the quarter ended March 31, 2013, as filed with the U.S. Securities and Exchange Commission on the date hereof (the “Report”), I, Robert M. Price, Chief Financial Officer (Principal Financial Officer) of the Company, certify to the best of my knowledge, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

1. The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: May 20, 2013	By:	/s/ Robert M. Price
		Robert M. Price
		Chief Financial Officer (Principal Financial Officer) Paradigm Resource Management Corporation

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3. Stockholders' Deficit

6 Months Ended

Mar. 31, 2013

Equity [Abstract]

3. Stockholders' Deficit

The Company has authorized 1,600,000,000 shares of Common Stock, $0.001 par value.  As of December 31, 2012 and September 30, 2012, the Company had 322,800,000 shares of Common Stock issued and outstanding, respectively.  

During the period from March 26, 2007 (date of inception) to September 30, 2007, the Company issued 1,000,000,000 shares of its common stock to founders of the Company for $10,000 cash or $0.00001 per share.

During the period from March 26, 2007 (date of inception) to September 30, 2007, the Company issued 300,000,000 shares of its common stock for $30,000 cash or $0.0001 per share.

During the year ended September 30, 2008, the Company issued 20,800,000 restricted shares of its common stock for $4,160 cash or $0.0002 per share.

During the year ended September 30, 2008, the Company issued 2,000,000 restricted shares of its common stock for services rendered aggregating $400 as stock based compensation.

On July 6, 2009, the Company issued 200,000,000 shares of its Common Stock to the then current major shareholder of the Company for the acquisition of 19,200,000 shares in China Integrated Media Corporation Limited.

Pursuant to the terms of the stock purchase agreement effective July 23, 2010 between Bing HE and Canton Investments Ltd., $19,103 of amounts due to a shareholder were contributed to capital.

On April 24, 2012, the Company filed an amendment to its Articles of Incorporation in the State of Nevada to increase its authorized number of common shares to 1,600,000,000 at $0.001 par value.  

On June 1, 2012, the Company's Board of Directors declared a one hundred-to-one forward stock split which was distributed on June 22, 2012 to shareholders of record and has filed an amendment to its Articles of Incorporation in the State of Nevada. The par value of $0.001 remained the same. The impact of the forward split created an increase in common stock of $1,507,572 and a resultant charge to additional paid in capital and the deficit accumulated during the development stage of $69,332 and $1,438,240, respectively.

On September 10, 2012, the principal shareholder of the Company contributed 1,200,000,000 shares of common stock to the Company’s treasury valued at $204,000 or $.00017 per share, based on the price paid by the shareholder to acquire the shares.  The Company immediately retired and canceled these shares resulting in a gain of $996,000 which was recorded as a credit to deficit accumulated during the development stage.

XML

2. Related Party Transactions

6 Months Ended

Mar. 31, 2013

Related Party Transactions [Abstract]

2. Related Party Transactions

In connection with the change in control which occurred on July 23, 2010, Canton Investments Ltd (“Canton”), the Company’s principal shareholder, assumed an outstanding loan from the former shareholders of the Company of $19,103. During the year ended September 30, 2011, Canton paid an additional $37,879 of expenses in connection with the Company’s operations, as well as a $180 liability due to a director, resulting in an amount due to Canton of $57,162 at September 30, 2011. During the year ended September 30, 2012, Canton paid $379 of accounts payable and $12,000 of accrued expenses at September 30, 2011 plus $62,767 of expenses in connection with the Company’s operations, resulting in an amount due to Canton of $132,308 at September 30, 2012.

During the six months ended March 31, 2013, Canton paid $20,697 of accounts payable and $19,750 of accrued expenses at September 30, 2012 plus an additional $24,251 of expenses in connection with the Company’s operations, resulting in an amount due to Canton of $197,006 at March 31, 2013. The loan is unsecured, non-interest bearing and there is no repayment date.

As of January 1, 2012, the Company agreed to compensate Mr. David Price, the Company’s Secretary and son of its Chief Executive Officer and Director, $5,000 per month for his services. At March 31, 2013, $10,000 was due to Mr. Price and included in accounts payable. $30,000 and $15,000 are included in general and administrative expenses for the six months ended March 31, 2013 and 2012, respectively.

XML

Balance Sheets (USD $)	Mar. 31, 2013	Sep. 30, 2012
ASSETS
Cash and cash equivalents	$ 0	$ 0
Total assets	0	0
LIABILITIES AND STOCKHOLDERS' DEFICIT
Accounts payable	17,445	20,737
Accrued expenses	10,000	19,750
Amount due to shareholder	197,006	132,308
Total current liabilities	224,451	172,795
Other liabilities
Total liabilities	224,451	172,795
Stockholders' deficit:
Common stock, $.001 par value, 1,600,000,000 shares authorized, 322,800,000 shares issued and outstanding at March 31, 2013 and September 30, 2012	322,800	322,800
Additional paid-in capital	204,000	204,000
Deficit accumulated during the development stage	(751,251)	(699,595)
Total stockholders' deficit	(224,451)	(172,795)
Total liabilities and stockholders' deficit	$ 0	$ 0

XML

Statements of Cash Flows (Parenthetical)	72 Months Ended
	Mar. 31, 2013
Statement of Cash Flows [Abstract]
Contribution, retirement and cancellation of 1,200,000,000 shares of common stock by principal shareholder	1,200,000

XML

1. Nature of Business, Presentation and Going Concern

6 Months Ended

Mar. 31, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

1. Nature of Business, Presentation and Going Concern

Organization

Paradigm Resource Management Corporation (the "Company") was incorporated in Nevada on March 26, 2007 under the name China Digital Ventures Corporation. The principal business of the Company was its web based telecom and IPTV businesses, both of which were disposed of during the year ended September 30, 2010. As of the date hereof, the Company has no operations.

On July 23, 2010, the Company experienced a change in control.  Canton Investments Ltd (“CIL”) acquired a majority of the issued and outstanding common stock of the Company in accordance with stock purchase agreements by and between CIL and Wireless One International Limited (“Wireless One”), Bing HE and Ning HE, the Company’s former directors, and other various shareholders.  On the closing date, July 23, 2010, pursuant to the terms of the Stock Purchase Agreement, CIL purchased from Wireless One and Bing HE and Ning HE 1,150,000,000 post-split shares of the Company’s outstanding common stock for $205,750.  Also on July 23, 2010, CIL purchased 244,000,000 post-split shares of the Company’s outstanding common stock for $36,600 from various shareholders.  As a result of the change in control, CIL owned a total of 1,394,000,000 post-split shares of the Company’s common stock representing 91.54% at July 23, 2010.

On May 10, 2012, the Company filed an amendment to its Articles of Incorporation in the State of Nevada to change its name to Paradigm Resource Management Corporation. The Company is currently contemplating acquisitions of certain gold, copper and uranium mineral property rights.

Stock Split

On June 1, 2012, the Company's Board of Directors declared a one hundred-to-one forward stock split of all outstanding shares of common stock. The effect of the stock split increased the number of shares of common stock outstanding from 15,228,000 to 1,522,800,000. All common share and per common share data in these financial statements and related notes hereto have been retroactively adjusted to account for the effect of the stock split for all periods presented prior to June 1, 2012. The total number of authorized common shares and the par value thereof was not changed by the split.

Basis of Presentation

The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial statement presentation and in accordance with Form 10-Q. Accordingly, they do not include all of the information and footnotes required in annual financial statements. In the opinion of management, the unaudited financial statements contain all adjustments (consisting only of normal recurring accruals) necessary to present fairly the financial position and results of operations and cash flows. The results of operations presented are not necessarily indicative of the results to be expected for any other interim period or for the entire year.

These unaudited financial statements should be read in conjunction with our 2012 annual financial statements included in our Form 10-K, filed with the U.S. Securities and Exchange Commission (“SEC”) on December 27, 2012.

Going Concern

The accompanying unaudited 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. The Company has incurred a net loss of $51,656 for the six months ended March 31, 2013 and has incurred cumulative losses since inception of $309,011. The Company has a stockholders’ deficit of $224,451 at March 31, 2013.  These conditions raise substantial doubt about the ability of the Company to continue as a going concern.

The ability of the Company to continue as a going concern is dependent upon its abilities to generate revenues, to continue to raise investment capital, and develop and implement its business plan.  No assurance can be given that the Company will be successful in these efforts.

The unaudited 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. Management believes that actions presently being taken to obtain additional funding and implement its strategic plans provide the opportunity for the Company to continue as a going concern. No assurance can be given that the Company will be successful in these efforts.

Development Stage Enterprise

The Company is a development stage enterprise, as defined in ASC Topic 915 “Development Stage Entities” and as such, its planned principal operations have not fully commenced.

XML

Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2013	Sep. 30, 2012
Statement of Financial Position [Abstract]
Common stock par value	$ 0.001	$ 0.001
Common stock, shares authorized	1,600,000,000	1,600,000,000
Common stock, shares issued	322,800,000	322,800,000
Common stock, shares outstanding	322,800,000	322,800,000

XML

Document and Entity Information	6 Months Ended
	Mar. 31, 2013	May 13, 2013
Document And Entity Information
Entity Registrant Name	Paradigm Resource Management Corp
Entity Central Index Key	0001405660
Document Type	10-Q
Document Period End Date	Mar. 31, 2013
Amendment Flag	false
Current Fiscal Year End Date	--09-30
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		322,800,000
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2013

XML

Statements of Operations (USD $)	3 Months Ended		6 Months Ended		72 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013
Income Statement [Abstract]
Net revenue					$ 31,912
Cost of revenue					15,731
Gross profit					16,181
General and administrative expenses	26,095	37,754	51,656	42,803	467,869
Loss from operations	(26,095)	(37,754)	(51,656)	(42,803)	(451,688)
Other income (expense):
Gain on disposal of subsidiaries					118,193
Exchange gain					1,028
Interest income					293
Other income					903
Interest expense					(2,170)
Total other income (expense)					118,247
Loss before income taxes	(26,095)	(37,754)	(51,656)	(42,803)	(333,441)
Provision for income taxes
Net loss	(26,095)	(37,754)	(51,656)	(42,803)	(333,441)
Net loss attributable to noncontrolling interest					24,430
Net loss attibutable to Paradigm Resource Management Corporation	$ (26,095)	$ (37,754)	$ (51,656)	$ (42,803)	$ (309,011)
Net loss per share - basic and diluted
Weighted average number of shares outstanding - Basic and Diluted	322,800,000	1,522,800,000	322,800,000	1,522,800,000

XML

2. Related Party Transactions (Details Narrative) (USD $)	Mar. 31, 2013	Sep. 30, 2012
Due to related party	$ 197,006	$ 132,308
Accounts payable	17,445	20,737
Canton [Member]
Due to related party	197,006	132,308
David Price
Accounts payable	$ 10,000

XML

1. Nature of Business, Presentation and Going Concern (Policies)

6 Months Ended

Mar. 31, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Stock Split

Stock Split

On June 1, 2012, the Company's Board of Directors declared a one hundred-to-one forward stock split of all outstanding shares of common stock. The effect of the stock split increased the number of shares of common stock outstanding from 15,228,000 to 1,522,800,000. All common share and per common share data in these financial statements and related notes hereto have been retroactively adjusted to account for the effect of the stock split for all periods presented prior to June 1, 2012. The total number of authorized common shares and the par value thereof was not changed by the split.

Basis of Presentation

Basis of Presentation

The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial statement presentation and in accordance with Form 10-Q. Accordingly, they do not include all of the information and footnotes required in annual financial statements. In the opinion of management, the unaudited financial statements contain all adjustments (consisting only of normal recurring accruals) necessary to present fairly the financial position and results of operations and cash flows. The results of operations presented are not necessarily indicative of the results to be expected for any other interim period or for the entire year.

These unaudited financial statements should be read in conjunction with our 2012 annual financial statements included in our Form 10-K, filed with the U.S. Securities and Exchange Commission (“SEC”) on December 27, 2012.

Going Concern

Going Concern

The accompanying unaudited 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. The Company has incurred a net loss of $51,656 for the six months ended March 31, 2013 and has incurred cumulative losses since inception of $309,011. The Company has a stockholders’ deficit of $224,451 at March 31, 2013.  These conditions raise substantial doubt about the ability of the Company to continue as a going concern.

The ability of the Company to continue as a going concern is dependent upon its abilities to generate revenues, to continue to raise investment capital, and develop and implement its business plan.  No assurance can be given that the Company will be successful in these efforts.

The unaudited 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. Management believes that actions presently being taken to obtain additional funding and implement its strategic plans provide the opportunity for the Company to continue as a going concern. No assurance can be given that the Company will be successful in these efforts.

Development Stage Enterprise

Development Stage Enterprise

The Company is a development stage enterprise, as defined in ASC Topic 915 “Development Stage Entities” and as such, its planned principal operations have not fully commenced.

XML

3. Stockholders Deficit (Details Narrative) (USD $)	6 Months Ended	12 Months Ended
	Mar. 31, 2012	Sep. 30, 2010	Sep. 30, 2009	Sep. 30, 2008	Sep. 30, 2007	Mar. 31, 2013	Sep. 30, 2012
Stockholders Deficit Details Narrative
Common stock outstanding						322,800,000	322,800,000
Stock issued to founders, shares					1,000,000,000
Stock issued to founders, amount					$ 10,000
Stock issued for cash, shares				20,800,000	300,000,000
Stock issued for cash, value				4,160	30,000
Stock issued for services, shares				2,000,000
Stock issued for services, value				400
Stock issued for acquisition, shares			200,000,000
Shareholder contribution to capital		19,103
Stock contributed to treasury, shares	1,200,000,000
Stock contributed to treasury, value	204,000
Gain on cancellation of treasury shares	$ 996,000

XML

Statements of Cash Flows (USD $)	6 Months Ended		72 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013
Cash flows from operating activities:
Net loss	$ (51,656)	$ (42,803)	$ (309,011)
Depreciation			2,914
Noncontrolling interest			(24,430)
Gain on disposal of subsidiaries			(118,193)
Common stock issued for services			400
Accounts receivable			(859)
Other receivable			1,812
Loan receivable			12,822
Due from related party			(19,443)
Deposit			(5,871)
Inventory			(1,897)
Accounts payable	17,405	22,914	121,262
Accrued expenses	10,000	16,500	44,210
Net cash used in operating activities	(24,251)	(3,389)	(296,284)
Cash flows from investing activities:
Acquisition of subsidiary, net of cash			75,650
Disposal of subsidiary, net of cash			39,742
Capital expenditures			(12,511)
Net cash provided by investing activities			102,881
Cash flows from financing activities:
Proceeds from loan payable			6,793
Amounts due shareholder	24,251	3,389	141,500
Amounts due directors			4,860
Proceeds from sale of common stock			44,160
Net cash provided by financing activities	24,251	3,389	197,313
Effect of exchange rate fluctuations on cash			(3,910)
Net increase (decrease) in cash	0	0	0
Cash and cash equivalents at beginning of period	0	0	0
Cash and cash equivalents at end of period	0	0	0
Supplemental disclosure of cash flow information:
Cash paid for interest			2,170
Cash paid for taxes
Supplemental disclosure of non-cash financing activities:
Accounts payable paid by shareholder	20,697	379	21,076
Accrued expenses paid by shareholder	19,750	6,000	34,250
Contribution, retirement and cancellation of 1,200,000,000 shares of common stock by principal shareholder
Common stock			(1,200,000)
Additional paid in capital			204,000
Deficit accumulated during the development stage			996,000
Amounts due to director paid by shareholder			$ 180

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4. Subsequent Events

6 Months Ended

Mar. 31, 2013

Subsequent Events [Abstract]

4. Subsequent Events

The Company has evaluated subsequent events through the date the financial statements were issued and filed with the Securities and Exchange Commission. The Company has determined that there are no such events that warrant disclosure or recognition in the financial statements.