10-Q/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q /A

(Amendment No. 1)

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

For the quarterly period endedSeptember 30, 2011

¨ TRANSITION REPORT UNDERSECTION 13 OR 15(d) OF THE EXCHANGE ACT

For the transition period from ______________ to ______________

Commission file number 333-163035

Hyperera, Inc.

(Name of small business issuer in our charter)

Nevada	7370	26-2007556
(State or other jurisdiction of incorporation or organization)	(Primary Standard Industrial Classification Code Number)	IRS I.D.

2316 S Wentworth Ave Chicago, IL	60616
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number:  312-842-2288

N/A
(Former name, former address and former three months, if changed since last report)

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

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

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See 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	¨	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 ¨ No x

As of November 21, 2011 there were 38,104,000 shares issued and outstanding of the registrant’s common stock.

EXPLANATORY NOTE

The sole purpose of this Amendment No. 1 to the Registrant’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2011 (“Form 10-Q”) is to furnish Exhibit 101 to the Form 10-Q in accordance with Rule 405 of Regulation S-T. Exhibit 101 consists of the following materials from the Registrants Form 10-Q for the quarterly period ended September 30, 2011, filed with the Securities and Exchange Commission on November 21, 2011, formatted in XBRL (eXtensible Business Reporting Language) and is filed on Form 10-Q/A in that the financial statements were furnished to an EDGAR filing service on Friday, November 18, 2011 with sufficient time to convert to XBRL format with instructions to prepare for filing but through what the EDGAR filing service claims a misunderstanding, the files were not converted until such time as a filing was not practicable until November 23, 2011 through another EDGAR filing service.

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

No other changes have been made to the Registrant’s Form 10-Q. This Amendment No. 1 does not reflect any subsequent events occurring after the original filing date of the Form 10-Q or modify or update in any way disclosures made in the original filings.

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Item 6.  Exhibits

Exhibit 31.1	Section 302 Certification – Chief Executive Officer *
Exhibit 31.2	Section 302 Certification –Chief Financial Officer *
Exhibit 32.1	Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002. *
Exhibit 32.2	Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002. *
Exhibit 101	Interactive data files formatted in XBRL (eXtensible Business Reporting Language): (i) the Consolidated Balance Sheets, (ii) the Consolidated Statements of Operations, (iii) the Consolidated Statements of Cash Flows, and (iv) the Notes to the Consolidated Financial Statements. **
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 **

** 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.

*Filed on November 21, 2011 as an exhibit to the Registrants’ Form 10-Q’s for the quarterly period ended September 30, 2011.

**Furnished herein

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 SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Hyperera, Inc., a Nevada corporation
November 23, 2011	By:	/s/ Zhi Yong Li
		Zhi Yong Li
		Principal Executive Officer

In accordance with the Exchange Act, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

November 23, 2011	By:	/s/ Zhi Yong Li
		Zhi Yong Li
		Principal Executive Officer andDirector
November 23, 2011	By:	/s/ Simon Bai
		Simon Bai
		Principal Financial Officer and
		Principal Accounting Officer

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RELATED PARTY TRANSACTIONS

9 Months Ended

Sep. 30, 2011

Notes to Financial Statements

Note 3.RELATED PARTY TRANSACTIONS

Loans from Shareholders

On March 2, 2008, founder of the Company, Mr. Zhiyong Li opened a bank account at Chicago branch with CitiBank.  Mr. Zhiyong Li loaned $500.00 to the Company to open the bank account, and the same amount have returned back to him on March, 2009.  In the year of 2009, the Company’s founder and CEO, Mr. Zhiyong Li have loaned $53,631 to Beijing subsidiary, Hyperera Technology (Beijing) Co. Ltd for operating and administrating expenses.

In 2010, the Company repaid the loan balance to Mr. Li Zhiyong.  As of December 31, 2010, there was travel related expense of $985 paid by Mr. Li Zhiyong, which was accounted as loans from shareholders.

Loans from Shareholders (continued)

From January to March 31, 2011, there were no additional loans from Mr. Li Zhiyong.  Therefore, as of March 31, 2011, the total balance of Loans from Shareholders was $985.

From April to June 30, 2011, Mr. Zhiyong Li advanced additional amount of $6,901 to the Company.  Therefore, as of June 30, 2011, the balance of Loans from Shareholder is $7,886.  The loans would be repaid as request without interest.

From July to September 30, 2011, Mr. Zhiyong Li advanced additional amount of $2,700 to the Company.  Therefore, as of September 30, 2011, the balance of loan from Shareholder is $10,586.  The loans would be repaid as request without interest.

Common Shares Issued to Executive and Non-Executive Officers and Directors

As of September 30, 2011, total 20,400,000 shares were issued to officers and directors were not changed.  But, the total outstanding shares were changed to 38,204,000; the percentage of common shares issued to executive and non-executive officers and directors have been changed accordingly. Please see the Table below for details:

Name	Title	Share QTY		Amount		Date	% of Common Share*
Zhi Yong Li	Chairman		10,000,000	$	10,000.00	2/19/2008		26.18	%
Wei Wu	President		5,000,000	$	5,000.00	2/19/2008		13.09	%
Hui Tao Zhou	Director		5,000,000	$	5,000.00	2/19/2008		13.09	%
Jian Wu Zhang	Director		100,000	$	3,000.00	3/31/2008		0.26	%
Ming Liu	Director		100,000	$	3,000.00	3/31/2008		0.26	%
Hong Tao Bai	Vice-President		100,000	$	3,000.00	3/31/2008		0.26	%
Nan Su	CTO		100,000	$	3,000.00	3/31/2008		0.26	%
Simon Bai	CFO							0.00	%
Total			20,400,000	$	32,000.00			53.40	%

* The percentage was based on the total outstanding shares of 38,204,000 as of September 30, 2011.

Cost of Goods Sold

The Company’s purchase cost is primarily from supplier, Beijing Chaoran Chuangshi Technology Co., Ltd (“Beijing Chaoran”), owned 100% by Mr.Liancheng Li, the father of Mr. Zhiyong Li.  The management believes that the purchase price for the parts will be market price.

The products the Company will sell are provided by Beijing Chaoran Chuangshi Technology Co., Ltd.  Beijing Chaoran was established in 2002 specializing in management information system applied in power industry.  The Company signed a two-year software license and distribution agreement with Beijing Chaoran on March 1, 2009. Under the terms of the agreement Beijing Chaoran authorizes Hyperera to be its exclusive sales and service agent for suegery anesthesia clinic management software and ICU management system product lines. The product lines shall include the products that Beijing Chaoran developed before the agreement signed and the products that will be developed solely by Beijing Chaoran during the term of the agreement.  Beijing Chaoran is the exclusive supplier of the products Hyperera sells.  The management Hyperera, Inc. believes that the purchase price for the system and software from Hyperera will be market price.  Hyperera, Inc. and Beijing Chaoran are two totally separated entities, i.e., Hyperara, Inc. is a USA corporation and will fully comply with USA regulations and USA general accepted accounting principles; Beijing Chaoran is a Chinese company and it will comply with Chinese legal systems.  Hyperera, Inc. and Beijing Chaoran will operate independently.  Beijing Chaoran, as a Chinese local company, will record their software and hardware costs based on the Chinese accounting regulations rulings.  But, when Hyperera, Inc. purchases the software and hardware and the services from Beijing Chaoran, Hyperera, Inc. will record the actual costs paid to Beijing Chaoran as long as the products or services been delivered to Hyperera, Inc. by Beijing Chaoran.

The management of Beijing Chaoran disclosed to Hyperera, Inc. that Beijing Chaoran adopted the cost plus pricing policies with market adjustment, negotiable with customers.  Beijing Chaoran adopted the cost plus system for all the products for all customers including the product, surgery anesthesia clinic management software and ICU management system exclusively distributed by Hyperera, Inc.  Specifically, the selling price for Beijing Chaoran is determined by total actual cost of direct materials (hardware), direct labor, and allocated overhead, plus 5-10% of total cost.

In March 1, 2009, the Company placed order to purchase the three hardware parts through Beijing Chaoran, the total cost of the hardware purchase is $207,998.00, the amount of  $59,998 and $ 148,000 was prepaid on March 9 and 18, 2009 respectively.

And the prepaid amount of $59,998 became cost of good sold as of December 31, 2009, and the prepaid amount of $148,000 became cost of good sold as of March 31, 2010.

For the nine months ended September 30, 2011, there was no cost of goods sold incurred.

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SIGNIFICANT ACCOUNTING POLICIES

9 Months Ended

Sep. 30, 2011

Notes to Financial Statements

Note 2.SIGNIFICANT ACCOUNTING POLICIES

At September 30, 2011 for the three months then ended, the financial statements reflect the assets, revenues and expenditures of the Company on the accrued basis of accounting.

The preparation of consolidated financial statements in conformity with generally accepted accounting principles in the United States of America requires management to make estimates and assumptions that affect certain amounts reported in the financial statements and disclosures. Accordingly, actual results could differ from those estimates.

The Company has determined the United States dollars to be its functional currency for Hyperera; People’s Republic of China Chinese Yuan Renminbi to be its functional currency in Hyperera Beijing subsidiary. Assets and liabilities were translated to U.S. dollars at the period-end exchange rate. Statement of operations amounts were translated to U.S. dollars using the first date of each month during the year. Gains and losses resulting from translating foreign currency financial statements are accumulated in other comprehensive income (loss), a separate component of shareholders’ equity.

Cash and Cash Equivalents

The Company considers all highly-liquid investments with an original maturity of three months or less when purchased to be cash equivalents. As of September 30, 2011, there was $206,736 cash and cash equivalents.

Property, Plant, and Equipment Depreciation

Property, plant, and equipment are stated at cost.  Depreciation is being provided principally by straight line methods over the estimated useful lives of the assets.  As of September 30, 2011, Total fixed assets were $29,582, and accumulated depreciation was $5,754. The net fixed assets were $23,828 in the Company’s balance sheets as of September 30, 2011. The straight line depreciation methods over 7 years for furniture and 5 years for computers were used to calculate depreciations.

Comprehensive Income (Loss)

The company’s comprehensive income (loss) is comprised of net income (loss), unrealized gains and losses on marketable securities classified foreign currency translation adjustments, and unrealized gains and losses on derivative financial instruments related to foreign currency hedging. For the three months ended September 30, 2011, the company has $769 comprehensive income. For the cumulative period from February 19, 2008 to September 30, 2011, the company has accumulated comprehensive income of $ 28,739.

Stock-Based Compensation

The Company accounts for stock issued for services using the fair value method.  In accordance with FASB ASC 505, the measurement date of shares issued for services is the date at which the counterparty’s performance is complete.

Net Loss per Common Share

Basic EPS is computed by dividing the income (loss) available to Common Shareholders by the weighted-average number of common shares outstanding for the period.  Diluted EPS is based on the weighted-average number of shares of common stock and common stock equivalents outstanding during the periods.

The Company only issued one type of shares, i.e., common shares only.  There are no other types securities were issued.  Accordingly, the diluted and basics net loss per common share are the same.

Loans to Related Party Supplier- Beijing Chaoran

FromOctober to December 2010, the Company advanced short-term loans of $995,836 as of December 31, 2010 to related party supplier, Beijing Chaoran. The interest rate was agreed at annual rate of 3.0%, the accrued interest receivables were $3,127.  The repayment terms were demanded as request by the Company.

From January to March 31, 2011, the Company advanced additional short-term loans of $747,500 to related party supplier, Beijing Chaoran.  The interest rate was estimated at annual rate of 3%, the accrued interest receivables were $9,273.

On April 15, 2011, Beijing Chaoran returned the loan amount of $1,538,462 to the Company; the Company signed a loan agreement with un-related party Greensaver Corporation to advance loan amount of $1,538,462 at annual interest rate of 10%.  The loan term is for short-term 6 months.

As of September 30, 2011, the balances of loan amount to Related Party Supplier-Beijing Chaoran is $258,529, the interest incomes from Beijng Chaoran were $2,590 based on annual interest rate of 3% for the three months period ending September 30, 2011. As of September 30, 2011, the Company has $ 18,336 accrued interest receivable from Beijing Chaoran.

Loans to Greensaver Corporation

On April 15, 2011, the Company signed a loan agreement with un-related party Greensaver Corporation to advance loan amount of $1,538,462 at annual interest rate of 10%.  The loan term is for short-term of 6 months.  The interest incomes are $38,462 for three month period ending September 30, 2011. As of September 30, 2011, the Company has $ 70,495 accrued interest receivable from Greensaver Corporation. Greensaver Corporation is a leading silicon battery manufacturer located in 8 North Yangzijinag Rd, Ningbo, Zhejiang, China.  The Company preliminarily expressed the intention to have future cooperation to have a joint venture to provide key parts for Greensaver’s factory.

Prepaid for Stock Purchase:

On September 02, 2011, $100,000 was prepaid for stock purchase. Therefore, as of September 30, 2011, balance of prepaid for stock purchase is $100,000.

Revenue Recognition

In accordance with the FASB ASC 985-605-25-3 Software Revenue Recognition if the arrangement does not require significant production, modification, or

Customization of software, revenue shall be recognized when all of the following criteria are

a. Persuasive evidence of an arrangement exists (paragraphs 985-605-25-15 through 25-17).

b. Delivery has occurred (paragraphs 985-605-25-18 through 25-29).

c. The vendor’s fee is fixed or determinable (see paragraphs 985-605-25-30 through 25-40).

d. Collectability is probable (paragraphs 985-605-25-13 through 25-14 and 985-605-

25-30 through 25-40).

The Company recognizes sales revenue for hardware, software and customized clinical information systems sales when it is realized or realizable and earned.

(1) Sales of Hardware

For most of the Company’s hardware product sales, these criteria are met at the time the product is shipped. The Company recognizes revenue from the sale of hardware products, and software bundled with hardware that is essential to the functionality of the hardware sold by the Company in accordance with general revenue recognition accounting guidance based on guidance in FASB ASC 605-25.

For three month period ending September 30, 2011, there were no hardware sales.

Revenue Recognition (Continued)

(2) Sales of Software

In accordance with FASB ASC 605-25 and FASB ASC 985-605-25, “Revenue Recognition,” the Company recognizes software sales revenue when it is realized or realizable and earned. Revenue is realized or realizable when the product is exchanged for cash or for claim to cash or other assets that are readily convertible into known amount of Cash.

The Company must meet all of the following four criteria under FASB ASC 605-25 and FASB ASC 985-605-25 to recognize software revenue.

· Persuasive evidence of an arrangement exists

· Delivery has occurred

· The vendor’s fee is fixed or determinable

· Collectability is probable.

The Company recognizes revenue in accordance with industry specific software accounting guidance for the following types of sales transactions: (i) standalone sales of software products, (ii) sales of software upgrades and (iii) sales of software bundled with hardware not essential to the functionality of the hardware.

The Company’s CIS software is standalone, and as of September 30, 2011, there were no software sales revenue.

(3) Multiple-element Arrangement for Sales of Hardware, Software and CIS:

We currently recognize multiple-element sales revenue pursuant to FASB ASC Topic 985-605 Software, Revenue Recognition, or ASC 985-605. We generate revenue from the sale of our software products sold directly to end-users.  We also generate revenue from sales of hardware and third party software, implementation, training, software customization, post-contract support (maintenance).  A typical system contract contains multiple elements of the above items. FASB ASC Topic 985-605-25, Software, Revenue Recognition, Multiple Elements, or ASC 985-605-25, as amended, requires revenue earned on software arrangements involving multiple elements to be allocated to each element based on the relative fair values of those elements. The fair value of an element must be based on vendor specific objective evidence ("VSOE"). We limit our assessment of VSOE for each element to either the price charged when the same element is sold separately or the price established by management having the relevant authority to do so,

Revenue Recognition (Continued)

for an element not yet sold separately. VSOE calculations are updated and reviewed at the end of each quarter or annually depending on the nature of the product or service.

In accordance with paragraph 4-14 of FASB ASC 605-45, "Reporting Revenues Gross as a Principal versus Net as an Agent", the Company will recognize revenues on a gross basis. ASC 605-45 discusses whether revenues and cost of goods sold to arrive at gross profit and their corresponding assets and liabilities should be recorded at gross or net.

The following indicators of gross revenue recognition are applicable in the Company:

· Acts as principal in the transaction.

· Has risk and rewards of ownership, such as risk of loss for collection, delivery and returns, and

· Takes title to the products,

· Flexibility in pricing

· Assumes credit risk;

· The company can change the products or perform part of the service, and the Company customizes the supplier’s software based on customer’s needs.

All the indicators of net revenue reporting (ASC 605-45, paragraph 16-23) are not applicable in the Company.

Operating Expenses

Operation expenses include selling, general & administrative expenses and depreciation & amortization expenses.

For the nine months period of January to September 30, 2011 and 2010, there are total of $177,672 and $108,163 operating expenses respectively. The selling, general and administrative expenses details show in the Exhibit A.

For the three months period of July to September 30, 2011 and 2010, there are total of $43,887 and $31,529, operating expenses respectively. The selling, general and administrative expenses details also show in the Exhibit A.

Professional Fee

Professional fees are included accounting and auditing fee, consulting fee, legal fee, SEC filing expenses, and other professional fees.  For the nine months period of January to September 2011 and 2010, the Company incurred $13,950 and $ 56,685 respectively, which included $ 8,178 and $ 14,846 for the three months period of July to September 2011 and 2010.
 

Operating Leases

The Company entered into two leases for its corporate offices under terms of non-cancelable operating leases. The first lease term is from March 1, 2008 through February 28, 2011 and requires a $600 monthly lease payment. This office space is the corporate office of US, and is leased from a related party, which is the Company’s officer Simon Bai. For the three months period ending September 30, 2011 and 2010, there were $1,800 rent expenses incurred for both years.

The second lease is the office space for China’s subsidiary in Beijing. The lease term runs from July 1, 2009 through June 30, 2011 and required a RMB 17,552 monthly lease payment. For the period of July 01 to September 30, 2011 and 2010, there was USD $8,101 and $10,324 rent expenses incurred correspondingly.

Therefore, there was total of $9,901 and $12,124 rent expenses for the three months end September 30, 2011 and 2010.

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CONSOLIDATED BALANCE SHEET (USD $)	Sep. 30, 2011	Dec. 31, 2010
Current assets:
Cash and cash equivalents	$ 206,736	$ 589,697
Accounts receivable, net
Total Current Assets	206,736	589,697
Other current assets:
Accrued interest receivable	88,831	3,127
Stock subscription receivable	38,682
Loan to Greensaver Corp.	1,538,462
Loan to related supplier	258,529	995,836
Total Other Current Assets	1,924,504	998,963
Fixed assets
Furniture & Equipment, Net	23,828	25,149
Total Fixed Assets	23,828	25,149
TOTAL ASSETS	2,155,068	1,613,809
Current liabilities:
Account payable	1,200	600
Loan from shareholders	10,586	985
Prepayment for stock purchase	100,000
Payroll liabilities	5,018	3,971
Total current liabilities	116,804	5,556
Stockholders' Equity:
Common stock, $0.001 par value; 200,000,000 shares authorized; 38,204,000 shares issued and outstanding.	38,204	35,984
Paid-in capital	2,344,364	1,831,186
Deficit accumulated during the development stage	(373,043)	(281,478)
Accumulated other comprehensive gain (loss)	28,739	22,561
Total stockholders' equity	2,038,264	1,608,253
TOTAL LIABILITIES & EQUITY	$ 2,155,068	$ 1,613,809

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STATEMENT OF STOCKHOLDERS EQUITY (Unaudited) (USD $)	Common Stock	Additional Paid-In Capital	Deficit Accumulated During the Development Stage	Accumulated Other Comprehensive Income (Loss)	Total
Beginning Balance, Amount at Feb. 18, 2008	$ 0	$ 0	$ 0	$ 0	$ 0
Beginning Balance, Shares at Feb. 18, 2008	0
Issuance of common stocks to shareholders @0.001 per share on February 19, 2008,Shares	20,000,000
Issuance of common stocks to shareholders @0.001 per share on February 19, 2008,Amount	20,000				20,000
Issuance of common stocks to shareholders @0.03 per share on March 31, 2008,Shares	5,200,000
Issuance of common stocks to shareholders @0.03 per share on March 31, 2008,Amount	5,200	150,800			156,000
Issuance of common stocks to shareholders @0.03 per share on April 28, 2008,Shares	1,400,000
Issuance of common stocks to shareholders @0.03 per share on April 28, 2008,Amount	1,400	40,600			42,000
Issuance of common stocks to shareholders @0.03 per share on July 20, 2008,Shares	1,200,000
Issuance of common stocks to shareholders @0.03 per share on July 20, 2008,Amount	1,200	34,800			36,000
Issuance of common stocks to Williams @0.03 per share on July 20, 2008,Shares	139,000
Issuance of common stocks to Williams @0.03 per share on July 20, 2008,Amount	139	4,031			4,170
Adjustment for Exchange rate changes				(311)	(311)
Net loss			(51,611)		(51,611)
Ending Balance, Amount at Dec. 31, 2008	27,939	230,231	(51,611)	(311)	206,248
Ending Balance, Shares at Dec. 31, 2008	27,939,000
Adjustment for Exchange rate changes				(142)	(142)
Issuance of common stocks to shareholders @0.20 per share on December 15, 2009,Shares	60,000
Issuance of common stocks to shareholders @0.20 per share on December 15, 2009,Amount	60	11,940			12,000
Net loss			(38,633)		(38,633)
Ending Balance, Amount at Dec. 31, 2009	27,999	242,171	(90,244)	(453)	179,473
Ending Balance, Shares at Dec. 31, 2009	27,999,000
Adjustment for Exchange rate changes				23,014	23,014
Issuance of common stocks to shareholders @0.20 per share on September 30, 2010,Shares	2,030,000
Issuance of common stocks to shareholders @0.20 per share on September 30, 2010,Amount	2,030	403,970			406,000
Issuance of common stocks to shareholders @0.20 per share on December 31, 2010,Shares	5,955,000
Issuance of common stocks to shareholders @0.20 per share on December 31, 2010,Amount	5,955	1,185,045			1,191,000
Net loss			(191,234)		(191,234)
Ending Balance, Amount at Dec. 31, 2010	35,984	1,831,186	(281,478)	22,561	1,608,253
Ending Balance, Shares at Dec. 31, 2010	35,984,000
Adjustment for Exchange rate changes				6,178	6,178
Issuance of common stocks to shareholders @0.20 per share on January 1, 2011,Shares	50,000
Issuance of common stocks to shareholders @0.20 per share on January 1, 2011,Amount	50	9,950			10,000
Issuance of common stocks to shareholders @0.2153 per share on March 31, 2011,Shares	1,660,000
Issuance of common stocks to shareholders @0.2153 per share on March 31, 2011,Amount	1,660	355,738			357,398
Issuance of common stocks to shareholders @0.30 per share on May 1, 2011,Shares	210,000
Issuance of common stocks to shareholders @0.30 per share on May 1, 2011,Amount	210	62,790			63,000
Issuance of common stocks to shareholders @0.20 per share on June 30, 2011,Shares	200,000
Issuance of common stocks to shareholders @0.20 per share on June 30, 2011,Amount	200	39,800			40,000
Issuance of common stocks to shareholders @0.45 per share on July 15, 2011,Shares	100,000
Issuance of common stocks to shareholders @0.45 per share on July 15, 2011,Amount	100	44,900			45,000
Net loss			(91,565)		(91,565)
Ending Balance, Amount at Sep. 30, 2011	$ 38,204	$ 2,344,364	$ (373,043)	$ 28,739	$ 2,038,264
Ending Balance, Shares at Sep. 30, 2011	38,204,000

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BUSINESS DESCRIPTION

9 Months Ended

Sep. 30, 2011

Notes to Financial Statements

Note 1.BUSINESS DESCRIPTION

Hyperera, Inc. (the “Company”), incorporated under the laws of Nevada on February 19, 2008, with registered address at 375 N. Stephanie, Suite 1411, Henderson, NV 89014.  Hyperera, Inc. operates its business in the U.S. as Hyperera USA, Inc. the Company’ s wholly owned branch located in the State of Illinois and has principal office at 2316 South Wentworth Avenue, Chicago, IL 60616.

In addition to our U.S. operation, we have one representative office in China. Hyperera Beijing Representative Office (“Hyperera Beijing”) was established on April 2, 2008.  It is a representative office on behalf of Hyperera, Inc. The office was closed effective on July 1, 2009; in order to developing and operating more efficiently, at the mean time, Hyperera, Inc established a subsidiary Hyperera Technology (Beijing) Co, Ltd in China in July 3, 2009 to replace the office to conduct and operate the business of trading services, distribution, and marketing of the surgery anesthesia clinic management software and ICU management system software and hardware system in Asia.

Hyperera Technology (Beijing) Co, Ltd, as the wholly owned subsidiary, is registered on July 3, 2008 in China.  Hyperera Technology (Beijing), Ltd is located at Room 11A, Block B, Kingwing Hotel, No. 17 Dongsanhuan South Road, Chaoyang District, Beijing, China 100021.

Hyperera, Inc. is headquartered in 2316 South Wentworth Avenue, Chicago, IL 60616, USA.  The telephone number is 312-842-2288            312-842-2288      .

Hyperera Inc is a high-tech enterprise specialized in the surgery anesthesia clinic management software and intensive care unit (ICU) management system, control software research, development, software maintenance, upgrade and services. Our business is the sale of the surgery anesthesia clinic management software and ICU management system in Asia, and North America.

The surgery anesthesia clinic management software and ICU management system software is developed in China by Beijing Chaoran Chuangshi Technology Co., Ltd (“Beijing Chaoran”).  It was established in 2002 specializing in technology developed and service, sales of computer hardware and software, machine and electric equipment.  Beijing Chaoran Chuangshi Technology Co. is located in No.28 Mujiu Road, Mujiayu Town, Miyun, Beijing, China.  On March 1st, 2008, Hyperera, Inc. signed a long-term distribution agreement with Beijing Chaoran Chuangshi Technology Co.  Beijing Chaoran Chuangshi Technology Co is a Chinese Technology company owned 100% by Mr.Liancheng Li, a Chinese national, the founder of the company.

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CONSOLIDATED BALANCE SHEET (Parenthetical) (USD $)	Sep. 30, 2011	Dec. 31, 2010
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	38,204,000	38,204,000
Common stock, shares outstanding	38,204,000	38,204,000

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Document and Entity Information	9 Months Ended
	Sep. 30, 2011	Nov. 21, 2011
Document And Entity Information
Entity Registrant Name	HYPERERA INC
Entity Central Index Key	0001458868
Document Type	10-Q
Document Period End Date	Sep. 30, 2011
Amendment Flag	false
Current Fiscal Year End Date	--12-31
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		38,240,000
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2011

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CONSOLIDATED STATEMENT OF LOSS (USD $)	3 Months Ended		9 Months Ended		43 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011
Income Statement [Abstract]
Revenues				$ 162,840	$ 228,858
Cost of Goods Sold				148,000	207,998
Gross Profit				14,840	20,860
Operating expenses:
Selling, general and administrative expenses	42,287	31,529	172,899	108,163	477,743
Depreciation and amortization expenses	1,600		4,773		5,753
Total Operating Expenses	43,887	31,529	177,672	108,163	483,496
Operating Loss	(43,887)	(31,529)	(177,672)	(93,323)	(462,636)
Investment income, net	41,118	2	86,107	2	89,593
Interest Expense, net
Loss before income taxes	(2,769)	(31,527)	(91,565)	(93,321)	(373,043)
Loss tax expense
Net loss	(2,769)	(31,527)	(91,565)	(93,321)	(373,043)
Net loss per common share- Basics	$ 0.00	$ 0.00	$ 0.00	$ 0.00	$ (0.01)
Net loss per common share- Diluted	$ 0.00	$ 0.00	$ 0.00	$ 0.00	$ (0.01)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	769	(26)	6,178	(173)	28,739
Other comprehensive income (loss)	769	(26)	6,178	(173)	28,739
Comprehensive Loss	$ (2,000)	$ (31,553)	$ (85,387)	$ (93,494)	$ (344,304)

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GOING CONCERN

9 Months Ended

Sep. 30, 2011

Notes to Financial Statements

Note 5.GOING CONCERN

As shown in the accompanying financial statements which have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplates continuation of the Company as a going concern, the Company has incurred accumulated operating losses of $373,043 for the period February 19, 2008 (inception) through September 30, 2011. The Company is considered to be a development stage company.

The financial statements do not include any adjustments relating to the carrying amounts of recorded assets or the carrying amounts and classification of recorded liabilities that may be required should the Company be unable to continue as a going concern.

The Company’s related party transactions, the short-term loans to related party supplier- may raise substantial doubt about it’s ability to carry out it’s operational business plan and cause uncertainty about its cash flows, such related party borrows or withdraws may raise substantial doubt about the Company’s ability to continue as going concerns.

There is no guarantee that the Company will be able to raise enough capital or generate revenues to sustain its operations and carry out its business plan.  These conditions raise substantial doubt about the Company’s ability to continue as a going concern.  The financial statements do not include adjustments that might result from the outcome of this uncertainty and if the Company is unable to generate significant revenue or secure financing, then the Company may be required to cease or curtail its operation.

Exhibit A:
	Nine Month Ended		Nine Month Ended		Three Month Ended		Three Month Ended		Cumulative from February 19, 2008
	September 30		September 30		September 30		September 30		(Date of Inception) to
	2011		2010		2011		2010		September 30, 2011
Selling, general and administrative expenses
Administration Expense		-		74		-		-		-
Automobile Expense		1,552		147		-		-		2,971
Bank Service Charges		386		579		201		279		1,985
Dues and Subscriptions		-		-		-		-		110
Insurance Expense		4,667		-		1,326		-		4,667
License & Registration		26		7,720		-		-		12,344
Meals and Entertainment		3,529		54		1,242		54		6,060
Meeting & Conference		3,857		-		3,032		-		3,857
Office Supplies		30,798		4,374		666		3,153		43,989
Payroll Expenses
Payroll Expenses		61,937		-		9,805		-		83,583
Postage		1,010		4		388		-		1,148
Professional Fees		13,950		56,685		8,178		14,846		160,714
Rent Expense
Rent Expense - China Subsidiary		23,945		23,197		8,101		10,324		73,429
Rent Expense - US Corporation		5,400		5,400		1,800		1,800		25,800
Total Rent Expense		29,345		28,597		9,901		12,124		99,229
Supplies		1,307		-		-		-		1,307
Tax-China Operation		-		-		-		-		1,300
Telephone Expense		170		780		13		-		1,207
Travel Expense		15,682		8,879		7,008		866		47,179
Utilities		4,683		270		526		206		6,094
Total selling, general and administrative expenses		172,899		108,163		42,287		31,529		477,743

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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)	3 Months Ended		9 Months Ended		43 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011
Operating Activities:
Net loss	$ (2,769)	$ (31,527)	$ (91,565)	$ (93,321)	$ (373,043)
Adjustments to reconcile net income to net cash provided by operating activities:
Non-cash portion of share based legal fee expense					4,170
Non-cash portion of share based consulting fee expense					20,000
Depreciation	1,600		4,773		5,753
Prepaid Expenses		(83,600)		(83,600)
Loans to Greensaver			(1,538,462)		(1,538,462)
Loans to related supplier	19,493		737,308		(258,529)
Accrued interest receivable	(41,052)		(85,704)		(88,831)
Account payable			600		1,200
Payroll liabilities	(2,752)		1,047		5,018
Loan from shareholders	2,700	(14,833)	9,602	(30,430)	10,587
Net cash provided by operating activities	(22,780)	37,240	(962,401)	(40,151)	(2,212,137)
Investing Activities:
Purchase furniture & equipment	(2,262)		(3,453)		(29,582)
Net cash provided by investing activities	(2,262)		(3,453)		(29,582)
Financing Activities:
Proceeds from issuance of common stock	46,318	300,856	476,716	300,856	2,319,716
Prepayment for stock purchase	100,000		100,000		100,000
Net cash provided by financing activities	146,318	300,856	576,716	300,856	2,419,716
Effect of Exchange Rate on Cash	769	(26)	6,178	(173)	28,739
Net increase (decrease) in cash and cash equivalents	122,045	338,070	(382,960)	260,532	206,736
Cash and cash equivalents at beginning of the period	84,691	6,966	589,696	84,504
Cash and cash equivalents at end of period	206,736	345,036	206,736	345,036	206,736
Supplemental schedule of non-cash investing and financing activities:
Common stock issued pursuant to stock subscription receivable	$ 38,682		$ 38,682		$ 38,682

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SHAREHOLDERS' EQUITY

9 Months Ended

Sep. 30, 2011

Notes to Financial Statements

Note 4.SHAREHOLDERS' EQUITY

Under the Company’s Articles of Incorporation dated February 19, 2008, the Company is authorized to issue 200,000,000 shares of capital stock with a par value of $0.001.

On Feburary19, 2008, the Company was incorporated in the State of Nevada.

On February 19, 2008, , the Company issued 20,000,000 shares to three founders of the Company, Zhiyong Li, Wei Wu, and Huitao Zhou  at $0.001 per share or $20,000 for initial capital (stock subscription receivable).  On March 31, 2008, the Company issued total 5,200,000 shares to 52 shareholders at $0.03 per share or $156,000 for common stock (stock subscription receivable).  On April 28, 2008, the Company issued additional 1,400,000 shares to 14 shareholders at $0.03 per share or $42,000 for common stock (stock subscription receivable).  On July 20, 2008, additional 1,200,000 shares were issued to 7 shareholders at $ 0.03 per share, and the total proceeds of $36,000 were received.

On July 20, 2008, 139,000 shares were issued to Williams Law Group at $ 0.03 per share for the legal service value $4,170.

At December 15, 2009, additional 60,000 shares were issued to 3 shareholders, Baozhong Fu, Long Zhang, and Xuefeng Zhang, Chinese citizens, at $ 0.20 per share, and the total proceeds of $12,000 were received.

On September 10, 2010, additional 2,030,000 shares were issued to 79 shareholders, Chinese citizens, at $ 0.20 per share or $ 406,000 for common stock (stock subscription receivable).  On December 15, 2010, additional 5,855,000 shares were issued to 74 shareholders at $0.20 per share for $1,171,000.  On December 31, 2010, additional 100,000 shares were issued to Mr. Jing Li for financial consulting services at $0.20 per share for $20,000.  Therefore, as of December 31, 2010, the Company has a total of 35,984,000 shares were issued and outstanding.

At January 1, 2011, 50,000 shares were issued to one shareholder at $0.20 per share for $10,000.  On March 31, 2011, additional 1,660,000 shares were issued to 13 shareholders, Chinese citizens at RMB 1.40 per share, equivalent at USD $0.2153 per share for RMB 2,324,000.  At May 1, 2011, 210,000 shares were issued to 8 shareholders at $0.30 per share for $63,000.  At June 30, 2011, 200,000 shares were issued to one shareholder at $0.20 per share for $40,000 which was stock subscription receivable as of June 30, 2011.

At July 15, 2011 100,000 shares were issued to one shareholder at $0.45 per share, total proceeds of $45,000 were received on July 2011.

Therefore, as of September 30, 2011, the total outstanding common shares were 38,204,000.

Stock Subscription Receivable

At February 19, 2008, the Company had receivables from its four founding stockholders aggregating $20,000 for the purchase of their Company common stock.

At March 31, 2008, the Company had receivables from its 52 shareholders aggregating $ 156,000 for the purchase of their Company common stock.

And at April 28, 2008, the Company had receivables from its 14 shareholders aggregating $ 42,000 for the purchase of their Company common stock.

All receivables of the above $ 218,000 were subsequently paid in full in July 2008.

At March 31, 2011, the Company had receivables from 4 shareholders aggregating of $90,426 for 420,000 shares issued.  The total receipts were received on April 2011.

At June 30, 2011, 200,000 shares were issued to one shareholder at $0.20 per share for $40,000 which was stock subscription receivable as of June 30, 2011. Total proceeds at $1,318 were received on July 2011.

As of September 30, 2011, total stock subscription receivable on balance sheet is $38,682.