10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

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

For the quarterly period ended September 30, 2014

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

For the transition period from ______________ to ______________

SEC 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 phone number, 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 ¨

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 September 30, 2014 there were 40,104,000 shares issued and outstanding of the registrant’s common stock.

TABLE OF CONTENTS

PART I — FINANCIAL INFORMATION
Item 1.	Financial Statements.	3
Item 2.	Management’s Discussion and Analysis or Plan of Operation.	23
Item 3.	Quantitative and Qualitative Disclosure about Market Risk.	31
Item 4.	Controls and Procedures.	31
PART II — OTHER INFORMATION
Item 1.	Legal Proceedings.	32
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds.	32
Item 3.	Defaults Upon Senior Securities.	32
Item 4.	Mine Safety Disclosures.	32
Item 5.	Other Information.	32
Item 6.	Exhibits.	33

2

PART I – FINANCIAL INFORMATION

Item 1. Financial Statements

HYPERERA, INC.

(A Development Stage Enterprise)

 Financial Statements

(Unaudited)

As of September 30, 2014

3

Table of Contents

Consolidated Balance Sheet	5
Consolidated Statement of Operation		6
Statement of Shareholders Equity		7
Consolidated Statement of Cash Flow		8
Notes to Consolidated Financial Statements		9
Exhibit A		22

4

HYPERERA, INC 

(A Development Stage Enterprise) 

CONSOLIDATED BALANCE SHEETS (Unaudited) 

				September 30			December 31
				2014			2013
ASSETS
	Current assets:
		Cash and cash equivalents		$	117,252			$	129,009
			Total Current Assets	$	117,252			$	129,009
	Other current assets:
		Prepaid Expenses		$	75,158			$	10,328
		Loans to related supplier			-				135,232
		Accrued interest			-				1,762
			Total Other Current Assets	$	75,158			$	147,322
	Fixed assets:
		Furniture & Equipment, Net		$	19,722			$	31,543
			Total Fixed Assets	$	19,722			$	31,543
	Other assets:
		Loans to Greensaver Corp			1,530,397				1,538,462
			Total Other Assets	$	1,530,397			$	1,538,462
			TOTAL ASSETS	$	1,742,529			$	1,846,336
LIABILITIES & EQUITY
	Current liabilities:
		Account payable		$	29,900			$	1,800
		Loan from shareholders			429,889				3,346
		Loan from others			141,712				241,734
		Payroll liabilities			967				1,188
			Total current liabilities	$	602,468			$	248,068
	Stockholders' Equity:
		Common stock, $0.001 par value; 200,000,000 shares authorized;40,104,000 shares issued and outstanding.		$	40,104			$	40,104
		Paid-in capital			2,722,464				2,722,464
		Deficit accumulated during the development stage			(1,313,046	)			(856,211	)
		Accumulated other comprehensive income (loss)			(309,461	)			(308,089	)
			Total stockholders' equity	$	1,140,061			$	1,598,268
			TOTAL LIABILITIES & EQUITY	$	1,742,529			$	1,846,336

5

HYPERERA, INC 

(A Development Stage Enterprise)

CONSOLIDATED STATEMENT OF LOSS

(Unaudited) 

															Cumulative from
															February 19,
			Three			Three			Nine			Nine			2008 (Date of
			Months			Months			Months			Months			Inception)
			Ended			Ended			Ended			Ended			Through
			September 30			September 30			September 30			September 30			September 30
			2014			2013			2014			2013			2014
Revenues			$	13,786		$	-		$	13,786		$	-		$	242,644
Cost of Goods Sold				3,852			-			3,852			-			211,850
Gross Profit			$	9,934		$	-		$	9,934		$	-		$	30,794
Operating expenses:
	Selling, general and administrative expenses			171335			124,506			454,368			248,379			1,738,176
	Depreciation and amortization expenses			4385			4,385			13,155			12,073			51,276
		Total Operating Expenses	$	175,720		$	128,891		$	467,523		$	260,452		$	1,789,452
	Operating Loss		$	(165,786	)	$	(128,891	)	$	(457,589	)	$	(260,452	)	$	(1,758,658	)
Investment income, net			$	558		$	39,536		$	1,868		$	117,504		$	446,988
Interest Expense, net				-			-			734			-			1,001
Loss before income taxes				(165,228	)		(89,355	)		(456,455	)		(142,948	)		(1,312,671	)
Loss tax expense				375			-			375			-			375
Net Loss			$	(165,603	)	$	(89,355	)	$	(456,830	)	$	(142,948	)	$	(1,313,046	)
Net loss per common share- Basics			$	(0.00	)	$	(0.00	)	$	(0.01	)	$	(0.00	)	$	(0.03	)
Net loss per common share- Diluted			$	(0.00	)	$	(0.00	)	$	(0.01	)	$	(0.00	)	$	(0.03	)
Other comprehensive loss, net of tax:
	Uncollectible interest receivable write off			-			-			-			-			(339,726	)
	Foreign currency translation adjustments			(548	)		(27	)		(1,373	)		796			30,265
		Other comprehensive loss	$	(548	)	$	(27	)	$	(1,373	)	$	796		$	(309,461	)
Comprehensive Loss			$	(166,151	)	$	(89,382	)	$	(458,203	)	$	(142,152	)	$	(1,622,507	)

6

HYPERERA, INC

(A Development Stage Enterprise)

STATEMENT OF STOCKHOLDERS EQUITY 

The Period February 19, 2008 ( Date of Inception) through September 30, 2014

(Unaudited)

							Deficit
							Accumulated			Accumulated
					Additional		During the			Other			Total
	Common Stock				Paid-in		Development			Comprehensive			Stockholders'
	Shares		Amount		Capital		Stage			Income (Loss)			Equity
Balance, December 31, 2008		27,939,000	$	27,939	$	230,231	$	(51,611	)	$	(311	)	$	206,248
Balance, December 31, 2009		27,999,000	$	27,999	$	242,171	$	(90,244	)	$	(453	)	$	179,473
Balance, December 31 , 2010		35,984,000	$	35,984	$	1,831,186	$	(281,478	)	$	22,561		$	1,608,253
Balance, December 31 , 2011		38,204,000	$	38,204	$	2,344,364	$	(395,763	)	$	28,739		$	2,015,544
Adjustment for Rate Exchange		-		-		-		-		$	(459	)	$	(459	)
Net loss for the period ended December 31, 2012		-		-		-	$	(200,249	)		-		$	(200,249	)
Balance, December 31 , 2012		38,204,000	$	38,204	$	2,344,364	$	(596,012	)	$	28,280		$	1,814,836
Issuance of common stocks to shareholder @0.2 per share on July 01, 2013		400,000	$	400	$	79,600		-			-		$	80,000
Issuance of common stocks to shareholders @0.20 per share on August 30, 2013		1,500,000	$	1,500	$	298,500		-			-		$	300,000
Adjustment for Rate Exchange		-		-		-		-		$	3,357		$	3,357
Write off Interest Receivable		-		-		-		-		$	(339,726	)	$	(339,726	)
Net loss for the period ended December 31, 2013		-		-		-	$	(260,199	)		-		$	(260,199	)
Balance, December 31, 2013		40,104,000	$	40,104	$	2,722,464	$	(856,211	)	$	(308,089	)	$	1,598,268
Adjustment for Rate Exchange		-		-		-		-		$	(824	)	$	(824	)
Net loss for the period ended June 30, 2014		-		-		-	$	(291,232	)		-		$	(291,232	)
Balance, June 30, 2014		40,104,000	$	40,104	$	2,722,464	$	(1,147,443	)	$	(308,913	)	$	1,306,212
Adjustment for Rate Exchange		-		-		-		-		$	(548	)	$	(548	)
Net loss for the period ended September 30, 2014		-		-		-	$	(165,603	)		-		$	(165,603	)
Balance, September 30, 2014		40,104,000	$	40,104	$	2,722,464	$	(1,313,046	)	$	(309,461	)	$	1,140,061

7

HYPERERA, INC

(A Development Stage Enterprise)

CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited)

													Cumulative from
													February 19,
	Three			Three			Nine			Nine			2008 (Date of
	Months			Months			Months			Months			Inception)
	Ended			Ended			Ended			Ended			Through
	September 30			September 30			September 30			September 30			September 30
	2014			2013			2014			2013			2014
Operating Activities:
Net Loss	$	(165,603	)	$	(89,355	)	$	(456,830	)	$	(142,948	)	$	(1,313,046	)
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		4,385			4,385			13,155			12,073			51,276
Inventory		5,514			-			-			-			-
Accrued interest receivable		3,033			(39,478	)		1,762			(40,494	)		-
Prepaid Expense		(24,594	)		(5,437	)		(64,829	)		(5,437	)		(75,158	)
Account payable		2,100			2,100			28,100			(400	)		29,900
Payroll liabilities		(429	)		(5,391	)		(221	)		764			967
Loans from Others		-			170,022			(100,022	)		235,489			141,712
Loan from shareholders		76,307			13,899			426,543			(12,268	)		429,889
Net cash provided by operating activities	$	(99,287	)	$	50,745		$	(152,342	)	$	46,779		$	(710,290	)
Investing Activities:
Purchase Furniture & Equipment		-			(13,866	)		(1,334	)		(16,193	)		(70,997	)
Net cash provided by investing activities	$	-		$	(13,866	)	$	(1,334	)	$	(16,193	)	$	(70,997	)
Financing Activities:
Proceeds from issuance of common stock		-			380,000			-			380,000			2,738,398
Prepaid for stock purchase		-			(76,923	)		-			-			-
Loans Greensaver Corp		8,064			-			8,064			-			(1,530,398	)
Loans to related supplier		72,079			(172,415	)		135,232			(177,834	)		-
Net cash provided by financing activities	$	80,143		$	130,662		$	143,296		$	202,166		$	1,208,000
Effect of  Exchange Rate on Cash	$	(548	)	$	(27	)	$	(1,373	)	$	796		$	30,265
Uncollectible interest receivable write off	$	-		$	-		$	-		$	-		$	(339,726	)
Net increase (decrease) in cash and cash equivalents	$	(19,692	)	$	167,514		$	(11,753	)	$	233,548		$	117,252
Cash and cash equivalents at beginning of the period	$	136,944		$	100,930		$	129,005		$	34,896		$	-
Cash and cash equivalents at end of the period	$	117,252		$	268,444		$	117,252		$	268,444		$	117,252

8

HYPERERA, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) 

NOTE A - BUSINESS DESCRIPTION

Hyperera, Inc. (the “Company”), incorporated under the laws of Nevada on February 19, 2008. 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 the U.S. operation, the Company had one representative office in China, which was established on April 2, 2008; the representative office was closed effective on July 1, 2009. In order to developing and operating more efficiently, in the mean time, Hyperera, Inc established a subsidiary Hyperera Technology (Beijing) Co, Ltd in China in July 3, 2009 to replace the representative 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, 2009 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.

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 1^st, 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.

9

HYPERERA, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE B - SIGNIFICANT ACCOUNTING POLICIES

Basis of accounting

The financial statements reflect the assets, revenues and expenditures of the Company on the accrual basis of accounting. The Company’s fiscal year end is December 31.

Principles of Consolidation

The consolidated financial statements of the Company include the accounts of Hyperera, Inc., and Hyperera Technology (Beijing) Co.., Ltd. All significant intercompany balances and transactions have been eliminated in consolidation

Use of Estimates

The preparation of 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.

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, 2014 there were $ 117,255 cash and cash equivalents.

Foreign Currency Translation

The Company has determined the United States dollars to be its functional currency for Hyperera USA, Inc; People’s Republic of China Chines Yuan Renminbi to be its functional currency in Hyperera BeiJing office. 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.

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.

10

HYPERERA, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE B - SIGNIFICANT ACCOUNTING POLICIES (Continued)

Property, Plant, and Equipment Depreciation

Property, plant, and equipment are stated at cost. Depreciation is being provided principally by straight line methods with mid-month convention over the estimated useful lives of the assets. As of September 30, 2014, the net fixed assets were $ 19,722 in the Company’s balance sheets. The straight line depreciation methods over 7 years for furniture and 5 years for computers were used to calculate depreciations.

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 is no other type of securities issued. Accordingly, the diluted net loss and basic net loss per common share are the same.

Concentration of credit risk

The Company maintains its cash in bank accounts which, at times, may exceed the federally insured limits. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk on cash.

Loans to Greensaver Corporation

On April 15, 2012, the Company through its subsidiary Hyperera Technology (Beijing) Co., Ltd. signed a loan agreement with Greensaver Corporation, to advance a loan amount of $1,538,462 [10,000,000 RMB] at an annual interest rate of 10%. Greensaver Corporation is a silicon battery manufacturer located in 8 North Yangzijinag Rd, Ningbo, Zhejiang, China. The Company is in reorganization under the local Chinese laws. The loan agreement was amended on March 2013 to provide for a monthly payment of $80,645 starting July 1, 2013 and continuing until the loan is paid off by July 2015. Due to the reorganization of the Greensaver Corporation, the risk of default for our loan to Greensaver is high. If the loan is at default by Greensaver, our Company may have going concern. In fact the default occurred and the loan had to be restructured again.

11

HYPERERA, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE B - SIGNIFICANT ACCOUNTING POLICIES (Continued)

Loans to Greensaver Corporation (Continued)

On March 25, 2014, Loan Supplementary Agreement III was signed by Hyperera Technology (Beijing) Co., Ltd. and Greensaver Corporation. In the supplementary agreement, Greensaver promised to pay back RMB 50,000 in the 2^nd quarter of 2014, pay back RMB 150,000 in 3^rd quarter of 2014, and pay back RMB 300,000 in the 4^th quarter of 2014; then pay back RMB 2.5 million quarterly in year 2014. Based on the legal opinion of local Chinese law firm, United Law Office, Beijing China, the principal of loan amount of $1,538,462 [10,000,000 RMB] shall be protected by Chinese law but the interest of loan. If there is a lawsuit between Hyperera (Beijing) and Greensaver, in many Chinese court cases based on the legal opinion, the interest of loan shall not be held lawful by Chinese courts. Accordingly, the accumulated interest receivable of $ 339,726 was written off at December 31, 2013, and there’s no interest receivable was record and RMB 50,000 was returned on August 2014; therefore, there’s outstanding loan of $ 1,530,397 as of September 30, 2014.

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

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 the fiscal quarter ended September 30, 2014 and 2013, there were no hardware sales.

For the year 2010, the total hardware sales was $162,840, there was no any software bundle with the hardware sold in 2010.

12

HYPERERA, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE B - SIGNIFICANT ACCOUNTING POLICIES (Continued)

No hardware sales since 2010.

(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.

(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

13

HYPERERA, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE B - SIGNIFICANT ACCOUNTING POLICIES (Continued)

Revenue Recognition (Continued)

separately or the price established by management having the relevant authority to do so, 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.

For the fiscal quarter ended September 30, 2014 and 2013, there were $ 16,405 & $ 0.00 software sales and software revenue realized for the Company.

Cost of Goods Sold

For the fiscal quarter ended September 30, 2014, and 2013 there was $3,852 & $ 0.00 cost of goods sold incurred.

Inventory

As of September 30, 2014, the Company have no inventory in stock.

14

HYPERERA, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE B - SIGNIFICANT ACCOUNTING POLICIES (Continued)

Operating Expenses

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

For the fiscal quarter end September 30, 2014 and 2013, there are total of $175,720 and $128,891 operating expenses respectively.

For the nine months period end September 30, 2014 and 2013, there are total of $467,523 and $260,452 operating expenses respectively. The selling, general and administrative expenses and depreciation details were showed in the Exhibit A.

Operating Leases

The Company entered into three leases for its corporate offices under terms of non-cancelable operating leases. The first lease term is from March 1, 2014 through February 28, 2015 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 fiscal quarter ended September 30, 2014 and 2013, there were $1,800 rent expenses incurred.

The second lease is the administration office space for China’s subsidiary in Beijing located at Room 11A, Block B, Kingwing Hotel, No. 17 Dongsanhuan South Road, Chaoyang District, Beijing, China 100021. The lease term runs from March 25, 2013 through March 24, 2015 and required a RMB 24,731.76 monthly lease payment. The third lease is the development and research, sales and marketing office space for China’s subsidiary in Beijing located at Room 7B, Block B, Kingwing Hotel, No. 17 Dongsanhuan South Road, Chaoyang District, Beijing, China 100021. The lease term runs from August 11, 2013 through August 10, 2014 and required a RMB 19,437.62 monthly lease payment. For the fiscal quarter ended September 30, 2014, and 2013, there was USD $ 21,372, and $ 14,133 rent expenses incurred correspondingly for China offices.

Therefore, there was total of $23,172 and $15,933 rent expenses for the fiscal quarter ended September 30, 2014 and 2013.

For the nine months period ended September 30, 2014 and 2014, the Company incurred a total of $69,517 and $40,521 rent expense respectively.

For the period of February 19 2008 to September 30, 2014, there’s a total of $292,171 rent expense was recorded.

15

HYPERERA, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE B - SIGNIFICANT ACCOUNTING POLICIES (Continued)

Professional Fee

Professional fees are included accounting and auditing fee, consulting fee, legal fee, SEC filing expenses, and other professional fees. For the fiscal quarter ended September 30 2014 and 2013, the Company incurred $14,681 and $ 5,530 respectively.

For the nine months period ended September 30 2014 and 2013, the Company incurred $56,426 and $ 50,386 respectively. For the cumulative period from February 19, 2008 to September 30, 2014, the company has professional fees of $ 484,303.

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, and the write off of the uncollectible interest receivable. Based on the legal opinion of local Chinese law firm, United Law Office, Beijing China, as Greensaver is in reorganization under the local Chinese laws, If there is a lawsuit between Hyperera (Beijing) and Greensaver, the principal of loan amount of $1,538,462 [10,000,000 RMB] shall be protected by Chinese law but not the interest of loan. Accordingly, the accumulated interest receivable of $339,726 from Greensaver was written off at December 31, 2013.

For the fiscal quarter ended September 30, 2014, and 2013, the company has $545 and $27 comprehensive loss respectively.

For the nine months period ended September 30, 2014, and 2013, the company has $1,373 comprehensive loss and $ 796 comprehensive income respectively. For the cumulative period from February 19, 2008 to September 30, 2014, the company has accumulated comprehensive loss of $309,462.

Income Tax

The Company filed extension for corporate tax return Form 1120 to Internal Revenue Service and IL 1120 to the State of Illinois for the year 2013. There is no income tax for the State of Nevada.

Hyperera Technology (Beijing) Co., Ltd. Filed annual report to Beijing local tax bureau, and no income tax dues were paid to Chinese government.

16

HYPERERA, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

New Pronouncement:

Pronouncement	Issued	Title
ASC 855	May 2009	Subsequent Events
ASC 105	June 2009	The FASB Accounting Standards Codification and the Hierarchy of Generally Accepted Accounting Principles—a replacement of FASB Statement No. 162
ASC 820	August 2009	Fair Value Measurements and Disclosures – Measuring Liabilities at Fair Value
ASC 260	September 2009	Earnings per Share – Amendments to Section 260-10-S99
ASC 820	September 2009	Investments in Certain Entities that Calculate Net Asset Value per Share (or Its Equivalent)
ASC 605	October 2009	Revenue Recognition (Topic 605): Multiple-Deliverable Revenue Arrangements – a consensus of the FASB Emerging Issues Task Force
ASC 470	October 2009	Accounting for Own-Share Lending Arrangements in Contemplation of Convertible Debt Issuance or Other Financing – a consensus of the FASB Emerging Issues Task Force
ASC 860	December 2009	Transfers and Servicing (Topic 860): Accounting for Transfers of Financial Assets
ASC 505	January 2010	Accounting for Distributions to Shareholders with Components of Stock and Cash – a consensus of the FASB Emerging Issues Task Force
ASC 810	January 2010	Consolidation (Topic 810): Accounting and Reporting for Decreases in Ownership of a Subsidiary – a Scope Clarification
ASC 718	January 2010	Compensation – Stock Compensation (Topic 718): Escrowed Share Arrangements and the Presumption of Compensation
ASC 820	January 2010	Fair Value Measurements and Disclosures (Topic 820): Improving Disclosures about Fair Value Measurements
ASC 855	February 2010	Subsequent Events (Topic 855): Amendments to Certain Recognition and Disclosure Requirements
ASC 810	February 2010	Consolidation (Topic 810): Amendments for Certain Investment Funds
ASC 815	March 2010	Derivatives and Hedging (Topic 815): Scope Exception Related to Embedded Credit Derivatives

Management assessed that the new accounting pronouncements listed above will have a material impact on our financial statements. The Company shall adopt the ASC 605 for revenue recognition of multiple elements arrangement for sales of customized information system software.

17

HYPERERA, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE C - RELATED PARTY TRANSACTIONS

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

As of September 30, 2014, total 20,400,000 shares were issued to officers and directors were not changed. But, the total outstanding shares were changed to 40,104,000; 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		24.94	%
Wei Wu	President		5,000,000	$	5,000.00	2/19/2008		12.47	%
Hui Tao Zhou	Director		5,000,000	$	5,000.00	2/19/2008		12.47	%
Jian Wu Zhang	Director		100,000	$	3,000.00	3/31/2008		0.25	%
Ming Liu	Director		100,000	$	3,000.00	3/31/2008		0.25	%
Hong Tao Bai	Vice-President		100,000	$	3,000.00	3/31/2008		0.25	%
Nan Su	CTO		100,000	$	3,000.00	3/31/2008		0.25	%
Simon Bai	CFO							0.00	%
Total			20,400,000	$	32,000.00			50.87	%

_____________

* The percentage was based on the total outstanding shares of 40,104,000 as of September 30, 2014.

Loans from Others

In order to continually operation and survive the business, the Company loaned money from shareholders relatives and other friends.

As of September 30, 2014, the balance of loan from others is $141,712. The loans would be repaid as request without interest.

18

HYPERERA, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE C - RELATED PARTY TRANSACTIONS (Continue)

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.

From January to December 31, 2011, Mr. Zhiyong Li advanced additional amount of $6,901 to the Company. The loans would be repaid as request without interest. As of December 31, 2011, the balance of loan from Shareholder was $7,886.

In 2012, Mr. Zhiyong Li advanced additional $24,867 to the Company. Therefore, as of December 31, 2012, the balance of loan from Shareholder was $32,753. The loans would be repaid as request without interest.

In year 2013, the Company returned $ 29,407 to the shareholder. As of December 31, 2013, the balance of loan from Shareholder is $3,346. The loans would be repaid as request without interest.

From January to September 30, 2014, Mr. Zhiyong Li advanced additional amount of $426,543 to the Company. The loans would be repaid as request without interest. As of September 30, 2014, the balance of loan from Shareholder was $429,889.

Loans to Related Party Supplier- Beijing Chaoran

From October 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 repayment terms were demanded as request by the Company.

19

HYPERERA, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE C - RELATED PARTY TRANSACTIONS (Continue)

Loans to Related Party Supplier- Beijing Chaoran (Continue)

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 December 31, 2012, the balance of loan amount to Related Party Supplier-Beijing Chaoran was $5,873, and the interest incomes from Beijng Chaoran were based on annual interest rate of 3% in year 2012

As of December 31, 2013, the balance of loan amount to Related Party Supplier-Beijing Chaoran is $135,232, and the interest incomes from Beijng Chaoran were based on annual interest rate of 3%.

As of September 30, 2014, the balance of loan amount to Related Party Supplier-Beijing Chaoran and the interest incomes that based on annual interest rate of 3% were fully repaid to the Company.

NOTE D - 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

20

HYPERERA, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE D - SHAREHOLDERS’ EQUITY (Continue)

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 70 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.

There was no share issued in year 2012.

On July 1, 2013, additional 400,000 shares were issued to 1 shareholder, Chinese citizens, at $ 0.20 per share for $80,000.

On August 30, 2013, additional 1,500,000 shares were issued to 2 shareholders, Chinese citizens, at $ 0.20 per share for $300,000.

There’s no shares issued for the period of September 2013 to September 30, 2014.

Therefore, as of September 30, 2014, the total outstanding common shares were 40,104,000.

21

HYPERERA, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE E - 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 operating losses of $ 118,493 and $ 128,891 for the fiscal quarter ended September 30, 2014 and 2013 and a cumulative operating loss of $ 1,711,361 for the period February 19, 2008 (inception) through September 30, 2014. 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 loans to GreenSaver Corp. of $ 1,538,462 raised substantial doubt about it’s ability to carry out it’s operational business plan and cause uncertainty about its cash flows immediately, such borrows or withdraws may raise substantial doubt about the Company’s ability to continue as going concern immediately. The Company amended the loan agreement with new management of the Greensaver Corp and new management of Greensaver Corp will start paying the principal and interest to the Company over the next 3 years, the loan balance will be paid off by July 31, 2015 based on the amended loan agreement signed on March 2013. Due to GreenSaver Corp is in reorganization under the Chinese laws, there will be uncertainty about the Greesaver Corp. The risk of the loan in default is significant high. If the loan is in default, then the Company will be required to cease or curtail its operation immediately.

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
			Three Months Ended		Three Months Ended		Nine Months Ended		Nine Months Ended		February 19, 2008 (Date of Inception) Through
			September 30		September 30		September 30		September 30		September 30,
			2014		2013		2014		2013		2014
Expense
	Auto			6,314		10,952		11,882		11,402		41,947
	Administration Expense			-		-				225		225
	Bank Service Charges			370		416		707		654		4,964
	Computer and Internet Expenses			-		115		-		428		826
	Dues & Subscriptions			-		-		-		-		110
	Depreciation			4,385		4,385		13,155		12,073		51,276
	Employees Welfare Expense			2,403		1,269		7,975		1,269		15,980
	Gift and promotion Expense			-		-				1,758		7,034
	Insurance			7,551		4,733		16,398		8,890		39,513
	License & Registration			-		2,620		474		3,019		15,837
	Meals and Entertainment			1,337		9,344		11,405		9,344		38,225
	Meeting & Conference			1,785		14,654		9,365		14,654		36,699
	Office Supplies			6,280		3,391		29,322		13,359		92,143
	Vehicle and Vessel Usage Tax			-		-		-		-		-
	Telephone Expense			-		252		-		252		1,619
	Utilities			575		536		3,388		1,362		19,422
	Bank interest			-		-		-		5		-
	Purchase of Bank Note			-		-		-		-		-
	Small tools and equipment			-		-		-		-		150
	Supplies			-		-		-		-		1,307
	Postage			1,819		399		2,403		476		4,939
	Payroll Expenses			54,193		43,848		171,838		78,776		475,225
	Professional Fees
		Accounting and Auditing		-		2,308		25,645		27,923		136,089
		Consulting Fees		-		-		-		-		102,741
		Legal Fee		11,300		-		23,365		15,300		131,918
		SEC filling fee		-		1,643		3,036		5,283		39,375
		Professional Fees - Other		3,381		1,580		4,381		1,880		74,180
	Professional Fees			14,681		5,530		56,426		50,386		484,303
	Rent Expense			23,172		15,933		69,517		40,521		292,171
	Tax-China Operation			728		-		728		-		12,194
	Research & development expense			-		-		-		-		3,960
	Travel Expense
	Travel Expense			5,635		10,513		18,048		11,598		104,892
	Sales Expense			44,493		-		44,493		-		44,493
Total Expense				175,720		128,891		467,523		260,452		1,789,452

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Item 2. Management’s Discussion and Analysis or Plan of Operation.

The following discussion of our financial condition and results of operations should be read in conjunction with our financial statements and the related notes, and other financial information included in this Form 10-Q.

Our Management’s Discussion and Analysis contains not only statements that are historical facts, but also statements that are forward-looking. Forward-looking statements are, by their very nature, uncertain and risky. These risks and uncertainties include specifically the risk that the Greensaver loan as described below in Loans to Greensaver Corporation may not be repaid in whole or in part as further described in this subsection and related opinion filed in our Form 10-K for the fiscal year ended December 31, 2013 and additional information from China counsel set forth in that opinion, as updated, as well as the late payments from Hunan Great Wall Medical Co., Ltd. as described below.

Although the forward-looking statements in this Report reflect the good faith judgment of our management, such statements can only be based on facts and factors currently known by them. Consequently, and because forward-looking statements are inherently subject to risks and uncertainties, the actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. You are urged to carefully review and consider the various disclosures made by us in this report as we attempt to advise interested parties of the risks and factors that may affect our business, financial condition, and results of operations and prospects.

Overview

Existing Business

Our initial business was the sale of hardware and software and the customization of clinical information system software for medical clinics and hospitals in China and throughout Asia. We have been developing our infrastructure to begin marketing clinical information system software and hardware. We have generated sales revenues $13,785.50 for the three months period ended September 30, 2014, and cumulative revenue of $242,644 from date of inception February 19, 2008 to September 30, 2014. We have begun to advance our business due to past and continuing significant effort and thus we did record revenues in the second quarter ended September 30, 2014.

The Clinical Information System was 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 is located in No.28 Mujiu Road, Mujiayu Town, Miyun, Beijing, China. Beijing Chaoran is a Chinese Technology company owned 100% by Mr.Liancheng Li, the father of our Chairman Zhi Yong Li.

We signed a three-year software 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 surgery 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 by Beijing Chaoran during the term of the agreement. Beijing Chaoran is the exclusive supplier of the products Hyperera sells.

The purchase price Hyperera will pay for all products subject to this agreement will be comparable to what Hyperera would have paid a non-related party in arm’s-length transactions. 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 Beijing Chaoran’s total purchase cost if Beijing Chaoran resells to Hyperera.

23

Our operations depend heavily on the continuation of our distribution agreement with Beijing Chaoran. The agreement with Beijing Chaoran was originally for a term of three years commencing March 1, 2009, subject to earlier termination upon terms described in the Agreement. We orally agreed to extend the Agreement for three additional years upon the same terms and conditions. Although we believe such events are not likely, if they were to occur, we may not be able to find alternative suppliers if the agreement is terminated or not renewed which could reduce our revenues or cause us to cease operations.

We have continued to encounter difficulties in marketing this product but our efforts are continuing. We’ve hired another 6 employees and rented a new office to continue the project of the sale of hardware and software and the customization of clinical information system software for medical clinics and hospitals. We are planning to sell the software of Mobile Nurse Station, Mobile Healthcare and Impatient System in China and sell relevant equipment relating to the above systems. The research and development is completed however we have made no sales and no assurance can be given if or when we would make sales.

In this quarter, we made some adjustments in personnel, as follows: We fired 3 engineers and a graphic designers, because they are shown not suitable for our business in the probation period. Now we hired 3 new engineers and a sales staff for the Mobile Nurse Station, Mobile Healthcare, the new project and the future market development as described below, specifically the electronic medical record, Hospital clinical information system, Intelligent infusion system and a kind of customized version of the Hyperera Medical Intelligent Patrol Box as described below.

We developed relationships with a number of new supplier for components for in hardware sales. We have signed a Purchase Contract Framework with ETcomm (Beijing) Science & Technology Co., Ltd, which is filed as an exhibit to this Quarterly Report on Form 10-Q, which exhibit should be referred to in its entirety with respect to its terms and conditions. We have bought two set of the hardware products for "Hyperera Medical Intelligent Patrol Box” from ETcomm as a sample, and we expect to purchase 5000 sets of hardware products for "Hyperera Medical Intelligent Patrol Box” in the future. We intend to purchase 5000 sets in one year one after another, and these hardware products are going to be used for the Jilin project described below.

We continue our plans to start sell "Hyperera Medical Intelligent Patrol Box” to Heilongjiang province and the Inner Mongolia Autonomous Region, as well as promoting “Intelligent infusion system.” However, as of the date of this Report, we have no formal contracts for sales of these products and may never receive formal contracts or make sales.

In February 2014, Hyperera and Sichuan Province Information Institute of Medicine (Sichuan Province Health Information Center) reached an agreement on the collaborative development of Deyang regional health information platform (research) project (“Deyang RHIE Project”). However, due to issues with the other party to this agreement, this project may never be able to move forward and we may never develop a product or generate any revenues.

Our agreement with Caradigm described in prior filings expired and was not renewed.

Updates on developments previously described in our in Report on Form 10-Q for our six month period ended June 30, 2014 are as follows:

Hyperera Medical Intelligent Patrol Box

· WE PREVIOUSLY REPORTED THE FOLLOWING: During the second quarter the Company focused on development of a new product "Hyperera Medical Intelligent Patrol Box." Hyperera Medical Intelligent Patrol Box is designed for the general practitioner. It is a collection of several small mobile medical service station Point of Care Testing ("POCT") devices, including vital signs analyzer, urine analyzer, blood glucose meter, portable ECG monitor, pulse oxygen equipment, medical blood pressure monitor and a series screening equipment against common diseases, chronic diseases and frequently-occurring diseases. It is being designed to meet the need for diagnosis and treatment of general practitioners in the community, countries, village clinics, first aid or other places. Except for the basic configuration, Hyperera Medical Intelligent Patrol Box can be set up personalized according to different needs of users. Hyperera has begun to acquire various components of this product but the product is not finished and not yet ready for sale. We anticipate that we will be able to begin sales of this device in the near future but cannot give an exact date at this time.

24

· UPDATE: In this quarter, the company has signed a formal contract with Jilin Province which is filed as an exhibit to this filing. The material terms of this agreement between Party A: Health Information Institute of Jilin Province and Party B: Hyperera Technology (Beijing) Ltd. are as follows:

o Party A plans to install and agreed to purchase 5400 sets of "Hyperera Medical Intelligent Patrol Box" to the whole province within one year, a monthly average of 450 sets of installation, at the price of ￥19600 ($3161.29) every set. Party B will send Hyperera Medical Intelligent Patrol Box to a location which was designated by Party A, after acceptance, installation and commissioning, according to the actual confirmation sets, Party A will make payments quarterly as required under the agreement. It is anticipated funding will be provided as follows: According to the related policy of the government, Party A guarantees implement the financial support for basic public health service fund of the government, according to a standard of not less than ￥3 ($0.48) per person, with a portion retained by Party A and the remainder used to purchase product from Party B. The term of the contract is three years.

· CURRENT STATUS: We are doing Software Programming work for the "Hyperera Medical Intelligent Patrol Box", and already schedule a purchase of 200 sets hardware of the "Hyperera Medical Intelligent Patrol Box" from ETcomm (Beijing) Science & Technology Co., Ltd, and now the hardware is in production. Nothing has been sent to the Health Information Institute of Jilin Province. A purchase order for these 200 sets was signed in December 2014 with ETcomm, and the 200 sets of delivery time is December after we pay the remaining amounts due.

Agreement with Yanqing County Hospital

An agreement with Yanqing County Hospital (a county hospital in Beijing) was established and signed in the prior quarter. Yanqing County Hospital bought Hyperera wireless mobile information system software V1.0- wireless mobile outpatient infusion system and the corresponding technical services. The amount of the contract is 100,000 yuan. We have now received the payment ￥100000 ($16,129.03) in this quarter, and the project has ended. Of the $16,129.03, we recorded $13,785.50 as revenue and the remaining of $2,343.53 expensed as value added tax payable to Chinese government. 

OTHER PROJECTS

Medical Payment Adaptor to Hunan Great Wall Medical Technology Co., Ltd.

During our first quarter, Hyperera entered into a contract to sell a kind of medical payment adaptor to Hunan Great Wall Medical Technology Co., Ltd. The amount of the contract with Hunan Great Wall Medical Co., Ltd. is 860,000 yuan or approximately USD $139,976. The project name is interface modification of HIS system. Hyperera has finished all work required of it under the agreement and payment is due. Although management believes payment will be received in the near future, payment was not received when due, was not received last quarter or this quarter, nor as of the date of filing of this Report, and we can give no assurance if or when it will be received

Sunbase International (Holdings) Limited

A strategic co-operation framework agreement between Hyperera and Sunbase International (Holdings) Limited (Sunbase Holdings) signed on July 7, 2014 in Hong Kong. Under this contract Hyperera and Sunbase Holdings agree to joint develop the "WIT120" relative integrated solutions in the fields of hardware and software. The Agreement provides as follows: Both parties agreed on a project cost ceiling of 20 billion yuan, but the agreement does not specify any time or requirement of either party to do this. The WIT120 is a regional health information platform system that helps manage the following.

· Maternal and Child Health Management Systems

· residents' health records management system

· the CDC Emergency Command System

· infectious disease reporting system

· chronic disease management system

25

· population information database system

· the new rural cooperative information system

· the digital hospital information system

· primary health care system

· food and medicine / health supervision and management system

· smart medical devices

We have made no sales of this product and may never make any sales from this product.

During our third quarter ended September 30, 2014, we commenced negotiations on a “Capital Institute of Pediatrics Hospital Project” with which we anticipate working jointly with Microsoft Corp. We have no formal contracts, agreements or commitments with or from either party and we may never have any formal contracts, agreements or commitments. There is no assurance that this project will ever begin or if it does will ever produce revenues or profits.

GREENSAVER LOAN: Greensaver Corp. promised to pay back￥50,000 in the second quarter of 2014 and payment was received. They also promised to pay back ￥50,000 in the third quarter of 2014. As of the date of this filing, this payment has not been received. The loan agreement signed before is still in process of negotiation. See Loans to Greensaver Corporation, below for further information about this problematic loan transaction.

Results of Operations

For the third quarter ended September 30, 2014 vs. September 30, 2013.

Revenue

For the third quarter ended September 30, 2014 and 2013, the Company had $0.00 revenue for hardware sales respectively.

For the third quarter ended September 30, 2014, and 2013, there were software sale and installation service of $13,786, and $0.00, respectively.

Cost of Revenue

All the products sold in the past were purchased from Beijing Chaoran. For the third quarter ended September 30, 2014 and 2013, the Company incurred zero cost of goods sold for hardware.

For the third quarter ended September 30, 2014, and 2013, there were $3,852 and $0.00 software cost of goods sold incurred, respectively.

Expense

For the third quarter ended September 30, 2014, the Company incurred selling, general and administrative expenses, and depreciation expense of $175,720. The primary expenses were professional fee of $14,681, rental expense of $23,172, payroll expense of $54,193, and sales marketing expense of $44,493.

For the third quarter ended September 30, 2013, the Company incurred selling, general and administrative expenses and depreciation expense of $128,891.

For the third quarter ended September 30, 2014 vs. September 30, 2013, the increase of operating expense is due to the increase of sales and marketing activities as well as hireing more IT professionals and marketing staff.

The Company is still development stage enterprise and need to secure financing activities to survive. As the Company was in the progress of building up the network relations and promotion of Hyperera’s name and its products, the Company incurred significant increase of overall selling, general and administrative expenses.

26

Income Taxes

There were no income taxes.

Net Loss

For third quarter ended September 30, 2014, the Company had net loss of $165,603; for third quarter ended September 30, 2013, the Company incurred net loss of $89,355. At September 30, 2014, the Company had accumulated net loss of $1,313,046 for cumulative period from February 19, 2008 (Date of Inception) through September 30, 2014.

For the nine month period ended September 30, 2014 vs. September 30, 2013.

Revenue

For the nine month period ended September 30, 2014 and 2013, the Company had $0.00 revenue for hardware sales respectively.

For the nine month period ended September 30, 2014, and 2013, there were software sale and installation service of $13,786, and $0.00, respectively.

Cost of Revenue

All the products sold were purchased from Beijing Chaoran. For the nine month period ended September 30, 2014 and 2013, the Company incurred zero cost of goods sold for hardware.

For the nine month period ended September 30, 2014, and 2013, there were $3,852 and $0.00 software cost of goods sold incurred, respectively.

Expense

For the nine month period ended September 30, 2014, the Company incurred selling, general and administrative expenses, and depreciation expense of $467,523. The primary expenses were professional fee of $56,426, rental expense of $69,517, office supplies of $29,322, payroll expense of $171,838, and sale marketing expense of $44,493.

For the nine month period ended September 30, 2013, the Company incurred selling, general and administrative expenses and depreciation expense of $260,452.

For the nine month period ended September 30, 2014 vs. September 30, 2013, the increase of operating expense is due to the increase of sales and marketing activities as well as hireing more IT professionals and marketing staff.

The Company is still development stage enterprise and need to secure financing activities to survive. As the Company was in the progress of building up the network relations and promotion of Hyperera’s name and its products, the Company incurred significant increase of overall selling, general and administrative expenses.

Income Taxes

There were no income taxes.

Net Loss

For nine month period ended September 30, 2014, the Company had net loss of $456,830; for nine month period ended September 30, 2013, the Company incurred net loss of $142,948. At September 30, 2014, the Company had accumulated net loss of $1,313,046 for cumulative period from February 19, 2008 (Date of Inception) through September 30, 2014.

27

Commitments and Contingencies

Our Company is still a development stage enterprise, and we continue to expend our efforts in our marketing to sell our software. However, we have met unanticipated significant market resistance to our software because its current technological stage of development. Further, due to most of our potential customers are state-owned hospitals, we incurred significant difficulty to go through the lengthy governmental approval process. We continue to explore methods to improve our product and remedy this situation. We believe our activities in the quarter ended September 30, 2014 described above demonstrate how we continue to move forward to advance our business despite these difficulties.

We continue to be unable to secure repayment of our significant loan to Greensaver Corporation, and yet again another payment deadline has passed with no repayment. See discussion of “Loans to Greensaver Corporation” below for a more complete discussion of the current status of this matter.

Loans to Related Party Supplier- Beijing Chaoran

From October to December 2010, the Company advanced short-term loans of $995,836 as of December 31, 2011 to 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 upon demand as request by the Company.

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

On April 14, 2011, Beijing Chaoran repaid the loan amount of $1,538,462 to the Company; the Company signed a loan agreement with unrelated party Greensaver Corporation to advance loan amount of $1,538,462 at annual interest rate of 10%.

As of December 31, 2012, the balance of loan amount to Related Party Supplier-Beijing Chaoran was $5,873, and the interest incomes from Beijng Chaoran were based on annual interest rate of 3% in year 2012.

As of December 31, 2013, the balance of loan amount to Related Party Supplier-Beijing Chaoran is $135,232, and the interest incomes from Beijng Chaoran were based on annual interest rate of 3%.

As of September 30, 2014, the balance of loan amount to Related Party Supplier-Beijing Chaoran and the interest incomes that based on annual interest rate of 3% were fully repaid to the Company.

Loans to Greensaver Corporation

On April 14, 2012, the Company through its subsidiary Hyperera Technology (Beijing) Co., Ltd. signed a loan agreement with unrelated party Greensaver Corporation to advance a loan amount of $1,538,462 [10,000,000 RMB] at annual interest rate of 10%. The loan agreement was amended on March 2013 as follows: 

The status of our relationship with Greensaver Corporation as of September 30, 2013 is as follows:

(1)	The loan agreement was amended and extended to December 31, 2015;
(2)	Because Greensaver is incapable to repay the loan, the loan amount plus interest was paid only once at January 2013 for total RMB 500,000 by Greensaver as of today. The loan agreement was amended on March 2013 to provide for a monthly payment of $80,645 starting July 1, 2013 and continuing until the loan is paid off by December 31, 2015.

28

In December 2013, owing to suddenly monetary tightening in China, the state loan was temporarily shelved, Greensaver failed to resume production. In addition, some of the creditors sued it, resulting in funds not being in place on schedule, and Greensaver’s inability to timely repay the company's debt. Based on the above situation, although we could sue for Greensaver, we prefer to receive the loan repayment without lawsuit. Our Loan Agreement has been subsequently amended as follows:

Greensaver Corp. promise:

Pay back ￥50,000 in the second quarter of 2014, which was paid, but late.

Pay back ￥150,000 in the third quarter of 2014, which has not been paid for the reasons set forth above.

Pay back ￥300,000 in the fourth quarter of 2014.

From the beginning of 2015 to repay ￥2.5 million per quarter, by the end of 2015 to repay all principal and interest payable (calculated at an annual rate of 10%)

Greensaver Corp.

(Seal)

[1 Chinese Yuan equals $0.16 US Dollar as of May 12, 2014.]

The Company has been involved in on-going discussions concerning this matter and if the Company has signed anything binding which changes or modifies the foregoing, it will file a Form 8-K concerning such matter.

However, because of the continuing difficulties in collecting on this loan, the Company asked Chinese legal counsel to furnish a legal opinion as to the status of this loan. This opinion has been filed as an exhibit to our Form 10-K for the fiscal year ended December 31, 2013 along with the Amended Greensaver Agreement. Chinese counsel consented to the opinion being attached to the Form 10-K in writing and to a discussion of the opinion and subsequent correspondence with the Company’s US legal counsel. In essence, China legal counsel indicates that it is his opinion that the Amendment is valid and lawful and that the Company still has a valid claim to the principal amount of the loan. In a subsequent e-mail to US counsel, China counsel indicated: “Regarding the chance of collection for Hyperera, on the base of present conditions, it is impossible to give a accurate rate of chance of collection. But I can confirm that there is a reasonable likelihood that Hyperera will have chance to collect part or whole loan on the claim.”

We asked the attorney to update his position on the status of this loan. On November 14, 2014, he wrote the Company as follows:

Greensaver and debtors signed the Minutes of Debtor Meeting on Sep.14, 2014, with a repayment schedule stated. However, up to the present, Greensaver has not make the first payment due in October, 2014. Under the minutes of meeting and current status, on the respect of law, Hyperera still has a legal and valid claim to the principal amount of the loan. Concerning the rate of chance of collection, it depends mainly on the consequence of restructure of Greensaver’s assets.

Based upon the history of this transaction and the current position of the China lawyer set forth above, the Company urges any investor making an investment decision in the stock of the company to exercise extreme caution if that decision is based in any in in whole or in part, no matter how small the part, on the assumption that the Company will ever collect anything on this loan.

29

Liquidity and Capital Resources

	At September 30			At December 31
	2014			2013
Current Ratio		0.32			1.11
Cash	$	117,252		$	129,009
Working Capital	$	(410,050	)	$	28,263
Total Assets	$	1,742,509		$	1,846,336
Total Liabilities	$	602,468		$	248,068
Total Equity	$	1,140,061		$	1,598,268
Total Debt/Equity		0.53			0.16

*Current Ratio = Current Assets / Current Liabilities

**Total Debt / Equity = Total Liabilities / Total Shareholders’ Equity.

***Working Capital = Current Assets – Current Liabilities

The Company had cash and cash equivalents of $117,252 at September 30, 2014 and the negative working capital of $410,050, and cash and cash equivalent of $129,009 at December 31, 2013 and the working capital of $28,263.

The Company’s related party transactions, the short-term loans to related party supplier, may raise substantial doubt about its ability to carry out its 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.

Conclusion

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.

Shareholder’s Equity

The Company had total equity of $1,598,268 at September 30, 2014, and $1,814,836 at September 30, 2013 respectively

On February 19, 2008, the Company issued 20,000,000 shares to six 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 September 30, 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.

30

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 70 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 September 30, 2013, 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 September 30, 2013, 200,000 shares were issued to one shareholder at $0.20 per share for $40,000 which was stock subscription receivable as of September 30, 2013.

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.

There was no share issued in year 2013.

On July 1, 2013, additional 400,000 shares were issued to 1 shareholder, Chinese citizens, at $ 0.20 per share for $ 80,000.

On August 30, 2013, additional 1,500,000 shares were issued to 2 shareholders, Chinese citizens, at $ 0.20 per share for $ 300,000.

Therefore, as of September 30, 2014, the total outstanding common shares were 40,104,000.

Item 3. Quantitative and Qualitative Disclosure about Market Risk.

Not applicable.

Item 4. Controls and Procedures.

Evaluation of Disclosure Controls and Procedures

The Company maintains disclosure controls and procedures (as defined in Rule 13a-15(e) under the Securities Exchange Act) that are designed to ensure that information required to be disclosed in the Company’s Securities Exchange Act reports is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms, and that such information is accumulated and communicated to the Company’s management, including its Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure.

The Company’s management, with the participation of the Company’s Chief Executive Officer and Chief Financial Officer, has evaluated the effectiveness of the Company’s disclosure controls and procedures as of the end of the period covered by this report. Based upon that evaluation, the Chief Executive Officer and the Chief Financial Officer have concluded that, as of the end of the period covered by this report, the Company’s disclosure controls and procedures were not effective.

Changes in Internal Control over Financial Reporting

There have not been any changes in the Company’s internal control over financial reporting (as such term is defined in Rule 13a-15(f) under the Securities Exchange Act) during the fiscal quarter ended September 30, 2014 that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting.

31

PART II - OTHER INFORMATION

Item 1. Legal Proceedings.

None.

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

None.

Item 3. Defaults Upon Senior Securities.

None.

Item 4. Mine Safety Disclosures.

Not applicable.

Item 5. Other Information.

Not applicable.

32

Item 6. Exhibits.

Exhibit No.	Document Description
10.1	Cooperation Agreement of Basic Public Health Service Items in Jilin Province [Translated Copy]
10.2	Contract Framework with ETcomm (Beijing) Science & Technology Co., Ltd
31.1	CERTIFICATION of CEO PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002.
31.2	CERTIFICATION of CFO PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002.
32.1 *	CERTIFICATION of CEO PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEYACT OF 2002.
32.2 *	CERTIFICATION of CFO PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEYACT 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**

____________

* This exhibit shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 of the Securities Exchange Act of 1934, whether made before or after the date hereof and irrespective of any general incorporation language in any filings.

33

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

Title	Name	Date	Signature
Principal Executive Officer	Zhi Yong Li	December 23, 2014	/s/ Zhi Yong Li

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.

SIGNATURE	NAME	TITLE	DATE
/s/ Zhi Yong Li	Zhi Yong Li	Principal Executive Officer and Director	December 23, 2014
/s/ Simon Bai	Simon Bai	Principal Financial Officer and	December 23, 2014
		Principal Accounting Officer

34

EXHIBIT INDEX

Exhibit No.	Document Description
10.1	Cooperation Agreement of Basic Public Health Service Items in Jilin Province [Translated Copy]
10.2	Contract Framework with ETcomm (Beijing) Science & Technology Co., Ltd
31.1	CERTIFICATION of CEO PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002.
31.2	CERTIFICATION of CFO PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002.
32.1 *	CERTIFICATION of CEO PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEYACT OF 2002.
32.2 *	CERTIFICATION of CFO PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEYACT 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**

____________

* This exhibit shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 of the Securities Exchange Act of 1934, whether made before or after the date hereof and irrespective of any general incorporation language in any filings.

35

EX-10.1

EXHIBIT 10.1

Cooperation Agreement of Basic Public Health Service Items in Jilin Province [Translated Copy]

Party A: Health Information Institute of Jilin Province

Party B: Hyperera Technology (Beijing) Ltd.

According to the spirit of the Ministry of finance, health and family planning commission Ministry on promoting the equalization of basic public health services gradually, by the unified leadership of the government, Party A will implement an intervention measures on the health problems of urban and rural residents, to reduce the major health risk factors, and effective the prevention and control of major infectious diseases and chronic diseases, to improve the emergency ability of public health service and public health emergencies, so that urban and rural residents gradually enjoy equal access to basic public health services. Accordingly, in order to promote the urban and rural residents electronic health records management, strengthening public health information management of Jilin Province, Party A entrusts Party B to implement the project, and the two parties have reached the following agreements:

1.	Party A plans to gradually promoting project of gradually equal access to basic public health services，and decided to start at the city of Bai Cheng of Jilin Province as a pilot, and then quickly spread within the province to comprehensive implementation.
2.	According to the plan of Party A，Party B will install " Hyperera Medical Intelligent Patrol Box " gradually in Jilin Province, and provide the interface of electronic health records for urban and rural residents，to reflect the personal health indicators and the vital signs Completely, in order to provide convenient services for strengthening public health information management.
3.	Party A plans to install 5400 sets of " Hyperera Medical Intelligent Patrol Box " to the whole province within one year, a monthly average of 450 sets of installation, at the price of 19600 yuan every set and the total amount is 105840000 yuan.
4.	The settlement way: Party B needs to send " Hyperera Medical Intelligent Patrol Box " to a location which was designated by Party A, after acceptance, Installation and commissioning, according to the actual confirmation sets, Party A will settlement of the payment.
5.	Acceptance of equipment: Both parties reached a consensus in the acceptance of equipment, before the handover of equipment losses shall be borne by Party B, after that the losses borne by Party A. After Party B pay the whole payment to Party A, the ownership of the equipment will transfer from Party B to Party A.
6.	Party B shall provide free normal maintenance to support Party A’s work for one year since the installation of equipment, Party A shall bear the cost of spare parts. Party B has the right to refuse the free maintenance if Party A fails to reasonable use and maintenance of the equipment, or man-made improper use, resulting in improper storage of equipment damage. If the equipment damage caused by equipment manufacturers in design or the defects in the manufacturing process after the equipment put into use, Party B shall be responsible for replacement and bear the expenses resulting from it.

1

7.	From the official opening of Party B’s equipment, Party B shall guarantee to provide a full range of information technology services, timely collection of personal health life signs of the index, collection of complete data uploaded to the province health information center, for the management of health information of urban and rural residents, provide timely reference to contain the spread of various diseases and various kinds of disease treatment.
8.	According to the related policy of the government, Party A guarantees implement the financial support for basic public health service fund of the government, according to a standard of not less than 3 yuan per person. This income will be shared by both sides, Party A charge 30%; Party B charge 70%, to provide paid service fee for the Party B’s Information technology support, the above income according to the quarterly settlement.
9.	The existing population of Jilin Province is more than 27000000, as the financial support funds calculation per capita annual 5 yuan, the whole year is expected to 81000000 yuan. Liaoning province, Heilongjiang province and Inner Mongolia has a population of 1.4 billion, as the financial support funds calculation of 3 yuan per capita annual, the whole year is expected 4.2 billion yuan, and a total of 5.01 billion a year. According to the proportion of the charge distribution Party A has the obligation to ensure Party B’s right of return.
10.	Default: If on the occurrence of the consequence cannot prevent and avoid the force majeure caused by the earthquake, tsunami, typhoon, flood, war, strike and other unforeseen and, led directly to the agreement or not properly perform, the both sides shall not bear the liability for breach of contract.
11.	The term of the contract: the validity period of the contract is three years. If the both sides intend to continue to cooperate after the expiration, it can be negotiated contract.
12.	The contract modification and termination: Any side shall be 5 days in advance written notice to the other one for modification, alteration or termination of the contract. The both sides have to make a written form of the contract to make a modification, alteration or termination.
13.	The other matters not settled shall be friendly negotiation by Party A and Party B. The negotiation results in written form results, as the supplementary provisions of this agreement.

Four copies of this agreement, the both sides each hold two copies.

Party A: Health Information Institute of Jilin Province		Party B: Hyperera Technology (Beijing) Ltd.
Address:	No. 971 JianZheng Road Changchun City	Address:	No.11A, block B East Sanhuan South Road 17, Chaoyang District Beijing city
	tel：0431-88988707		tel：010-87663329
	fax：0431-88988707		fax：010-87664589

2

EX-10.2

EXHIBIT 10.2

The Framework Contract

Table code: ETC/QR720—06 Edition: 2011 A/0 Contract No.: HBKJ141030K01

Signing date: October 30, 2014

Party A: Hyperera Technology (Beijing) Ltd.

Party B: ETcomm(Beijing) Science & Technology Co., Ltd

According to the “contract law of the people's Republic of China” and relevant laws, Party A and Party B in the principle of equality, mutual benefit on the basis of both parties, after full consultation, agreed the following terms of the contract, abide by jointly execute.

This contract is a framework of the contract, the provisions applicable to the contract signing basis of all product order. This contract and its annexes and all product orders under this contract formed the only and complete contract between the two sides. If there is not consistent with the provisions of this contract and the product order shall determine the sequence of applicable documents in the following order: (1) product order; (2) of this contract. This contract to any modification, supplement, and give up must have the written record, and both parties authorized representative signature confirmation, and stamped with the dedicated seal the contract is valid, otherwise it will be deemed invalid

The performance of the contract: Beijing

The definition:

1.	"Goods" means under this contract issued and the product orders and provide to Party A in Appendix 1 to the contract specified goods by Party B.
2.	"Product order" means during the term of this contract, the product order of Party A sent to Party B according to the contract.
3.	Delivery cycle: refers to the receipt of Party B lot product orders (batch products to the order quantity is greater than or equal to 200 sets of standard) and the total amount of the order of payment after 97%, until the goods are sent to the periodic delivery terms prescribed place, calculated using the working day
4.	"Delivery date" means the date of delivery of goods in product orders and According to the terms of delivery stipulated place for delivery by Party B which was specified and agreed upon by both said.

1

Name of commodity, specifications, quantity, unit price, performance index

For the details see the: annex 1 provisions of “product quotation” and annex 2 “purchase contract”

Before each purchase, the two said need to sign a “sale contract”

Objective order and turnover agreed

1.	On the goods and services required by this contract, during the effective period of this contract, through the form of Party B to order; only Party A can issued a "purchase contract" of goods delivery and payment has legal effect.
2.	If Party B found "sales contract" is not acceptable, should written notice to Party A after received the "sales contract" within 3 working days; if not, then It will be seen as that Party B has accepted the contract.
3.	The general standard of the procurement is 5400 sets.

Delivery and delivery terms

1.	The designated place of delivery is the location of Party A. Party A issued a "sales contract" to Party B according to the agreed delivery cycle; Party B will delivery according to the quantity and time of Party A’s "sales contract".
2.	The appointed delivery time.
3.1	Party B shall keep the standing stock in 100 sets, in the 100 set range, Party B priority to meet the demand of Party A’s orders.
3.2	If the order quantity is between 200 ~500 sets, than Party A need 30 working days in advance notice to Party B.
3.3	If the order quantity is greater than 500 set, the delivery date should consultations agreed of both sides’ further products.

Packaging standard:

Party B has to provide the goods for the manufacturer's standard. If Party A requirements of to improve packaging standards and labeling goods design, Party B shall be handled according to the requirements of Party A, expenses shall be borne by Party A. If the packaging has been confirmed to be modified the costs incurred by Party A, and because the change of packing by the goods delivery lag, than this issue may be settled through friendly negotiation between the two sides. If Party A has special requirements for goods identification, Party B will make identification according to Party A's design. In the process of delivery of packaging, protective measures should be taken in line with international standards; packaging should be suitable for long distance transportation and repeated loading and unloading requirements, And according to the different characteristics and requirements of goods and take proof, rain proof, shockproof, anti-rust, corrosion (electronic products required to anti-static) and other protective measures, to ensure the safety of goods nondestructive to reach the contract agreed to the place of receipt.

2

Quality requirements and technical standards

1.	This contract product meets the national technical specifications, industry technical specifications and the product technical specification consistent with Party B.
2.	The acceptance standard of the contract products to meet the technical norms of the state, industry and technical specification according to the product manual, technical index and standard factory by Party B.
3.	Party B guarantees the goods have been done ex-factory quality inspection, and the goods of the manufacturer according to the certificate or test report or other quality documents.

Check before acceptance

1.	Party A will provide the required by this contract technical indicators and Party B’s delivery documents, preliminary acceptance of goods within 3 working days since the date of receipt of the goods.
2.	The two sides agreed that when Party A inspect the outer packing of goods, there is no deformation or damage, it will as the qualified for preliminary approval, the approval as one of the result of Party A pay for Party B.
3.	If Party B provides products for unqualified goods, Party B shall be of substandard goods replacement
4.	Party B within ten days after the notification received unqualified goods, Party A shall inform in written form for disposal of unqualified goods.

Technical change

Party A reserves the right to Indicating or cause Party B to change goods drawings and specifications at any time, or change the work covered by the scope contract (including inspection, testing or quality control). Party B shall cooperate with the changes. Since any change caused by the price or performance in time, and make appropriate adjustments shall be made by the parties after.

Traceability clause

For the special devices (important, safety, reliability), in order to maintain its uniqueness and traceability, Party B shall be in accordance with requirements of Party A, identifying name, this kind of goods in a clear and firm way type, specification, manufacturer, batch number, serial number, production date and other information, in order to the category of goods the implementation of the tracking control effectively for Party A.

3

The mode of payment

1.

If the product orders is within 200 sets, then the payment before the delivery.

2.

If the number of product order more than 200 sets, Party A need to advance orders to 50% of the total sum as advance payment, Party B has begun to enter the production cycle after received the advance payment; after the completion of products Party A shall pay the total amount of the order of 47%, Party B will deliver the goods after the payment; 3% of the orders of the total amount will kept as guarantee money, it will pay at the expiration of 12 months after the arrival of the product within 15 days.

The warranty liability

1.	Party B guarantees that all goods are new goods, and no quality defects. Once the products sold, Party A has no right to return except for itself quality problems of the goods.
2.	Every batch of goods which Party B deliver to Party A, should standard warranty for 15 months from the date of leave the factory.
3.	If Party B fails to provide the warranty service, shall be liable for the resulting repair, replacement cost, and bear the loss of Party A. Details see Annex three "customer service" service commitment.

Service and spareparts

Party B agrees to sell to Party A according to the price of the goods under this contract, to meet the current models of service and its spare parts demand of Party A.

Special constraint clause

Party B's business adjustment, including the major organizational restructuring, process changes, changes to the equipment and any other may affect the supply of goods change factors for Party A, shall inform Party A in advance, in order to Party A in advance to work.

Confidentiality clause

1.	The parties responsible for the relevant technical information, technical documentation and other goods to the contract annex to the contract for the duty of confidentiality. Without the written consent of the other party, any party shall not be transferred, copy or inform the third party to open the form.
2.	Commercial secrets the both sides of Party A and Party B are aware in the transactions in each other; bear the obligation of confidentiality, not leak to any third person.

4

The exclusive right of third party

Party B guarantees provided to all parts of the goods for Party A does not infringe or violate the third party ownership rights, patent rights, design rights, copyright, trademark or other lawful rights.

Liability for breach of contract

1.	After the entry into force of the orders, if Party A rejects the goods, should pay the breach penalty to Party B. The amount of liquidated is the damages for not fulfilling part of loan to value 30%.
2.	If Party B overdue delivery of goods, or Party A overdue the payment, according to the overdue delivery of the goods in accordance with the price and the number of days overdue, The party in breach to pay to the observant party liquidated damages daily 1/1000 of the standard.

Force majeure

1.	The events of force majeure refers to the objective situation of the parties to the contract unforeseeable, unavoidable and insurmountable, including (but not limited to) the war, civil unrest and strikes, natural disasters (including typhoon, rainstorm, earthquake, Blizzard), traffic facilities barrier.
2.	Both the buyer and the seller of any party due to force majeure is unable to perform the contract, according to the impact of the event of force majeure is exempted part or all of exemption from liability.
3.	Both the buyer and the seller of any party due to force majeure is unable to perform the contract, should be timely written notice to the other party (via fax), inform the other force majeure circumstances and potential duration, and shall provide evidence within a reasonable period of time. If the duration of the force majeure event affects the performance of the other party follow-up contract, the parties shall have the right to terminate the contract, otherwise search for partners. Notice of the termination of the contract becomes effective when it reaches the other party.

Resolution of disputes

If the two sides have a dispute, should be consultation; if consultation fails, any party may bring a lawsuit to the other Party.

Contract change and transfer

After the consensus of both sides, the contract can be changed, before the change agreement, is still in the execution of this contract; any side want to transferred any rights and obligations to third parties needs to comply with the law, otherwise, the transfer act invalid.

5

The termination of the contract

This contract shall automatically terminate after all the provisions of this contract and related attachments, the fulfilled of the rights and obligations of Party A and Party B.

This contract is made in triplicate, Party A, Party B retained two, the contract is effective from October 30, 2014 to December 31, 2015, and the signing by both parties, to take effect after the seal.

甲方（盖章）：海博科技（北京）有限公司 地址：北京市朝阳区东三环南路17号京瑞大厦B座11A室	签字日期: .___________________________
邮编：100021	乙方（盖章）： 益体康（北京）科技有限公司
业务联系人：	地址：北京海淀区上地信息路7号数字传媒大厦606室
业务联系电话：010-87664589	邮编：100085
业务联系传真：010-87664589	业务联系人：
邮箱：	业务联系电话：010-57113800
	业务联系传真：010-62961011
	邮箱：
开票信息：	账户信息：
开户行：中国银行股份有限公司北京世纪财富中心支行	开户行：中国建行上地支行营业部
帐号：3376 5603 7456	帐号：11001045300053009685
税号：110105690802077	税号：110108670576631
地址：北京市朝阳区东三环南路17号京瑞大厦B座11A	授权代表签字: ________________________
电话： 010-87664894
授权代表签字: __________________________

6

EX-31.1

EXHIBIT 31.1

CERTIFICATION

I, Zhi Yong Li, certify that:

1.	I have reviewed this report on Form 10-Q of Hyperera, Inc.;
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 presented in this report;
4.	The registrant’s other certifying officer and I are 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 13a-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 quarterly report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our 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 function):

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 involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

	Hyperera, Inc.
Dated: December 23, 2014	By:	/s/ Zhi Yong Li
		Zhi Yong Li
		Chief Executive Officer

EX-31.2

EXHIBIT 31.2

CERTIFICATION

I, Simon Bai, certify that:

1.	I have reviewed this report on Form 10-Q of Hyperera, Inc.;
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 presented in this report;
4.	The registrant’s other certifying officer and I are 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 13a-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 quarterly report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our 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 function):

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 involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Dated: December 23, 2014	By:	/s/ Simon Bai
		Simon Bai
		Chief Financial Officer

EX-32.1

EXHIBIT 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

Pursuant to 18 U.S.C. § 1350, as adopted pursuant to Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned hereby certifies that the Quarterly Report on Form 10-Q for the period ended September 30, 2014 of Hyperera, Inc. (the “Company”) fully complies with the requirements of Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 and that the information contained in such Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

	Hyperera, Inc.
Dated: December 23, 2014	By:	/s/ Zhi Yong Li
		Zhi Yong Li
		Chief Executive Officer

A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to Hyperera, Inc. and will be retained by Hyperera, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.

EX-32.2

EXHIBIT 32.2

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

Pursuant to 18 U.S.C. § 1350, as adopted pursuant to Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned hereby certifies that the Quarterly Report on Form 10-Q for the period ended September 30, 2014 of Hyperera, Inc. (the “Company”) fully complies with the requirements of Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 and that the information contained in such Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Dated: December 23, 2014	By:	/s/ Simon Bai
		Simon Bai
		Chief Financial Officer

A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to Hyperera, Inc. and will be retained by Hyperera, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.

_____________

* This exhibit shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 of the Securities Exchange Act of 1934, whether made before or after the date hereof and irrespective of any general incorporation language in any filings.

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RELATED PARTY TRANSACTIONS

9 Months Ended

Sep. 30, 2014

Notes to Financial Statements

Note C. RELATED PARTY TRANSACTIONS

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

As of September 30, 2014, total 20,400,000 shares were issued to officers and directors were not changed. But, the total outstanding shares were changed to 40,104,000; 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		24.94	%
Wei Wu	President		5,000,000	$	5,000.00	2/19/2008		12.47	%
Hui Tao Zhou	Director		5,000,000	$	5,000.00	2/19/2008		12.47	%
Jian Wu Zhang	Director		100,000	$	3,000.00	3/31/2008		0.25	%
Ming Liu	Director		100,000	$	3,000.00	3/31/2008		0.25	%
Hong Tao Bai	Vice-President		100,000	$	3,000.00	3/31/2008		0.25	%
Nan Su	CTO		100,000	$	3,000.00	3/31/2008		0.25	%
Simon Bai	CFO							0.00	%
Total			20,400,000	$	32,000.00			50.87	%

_____________

* The percentage was based on the total outstanding shares of 40,104,000 as of September 30, 2014.

Loans from Others

In order to continually operation and survive the business, the Company loaned money from shareholders relatives and other friends.

As of September 30, 2014, the balance of loan from others is $141,712. The loans would be repaid as request without interest.

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.

From January to December 31, 2011, Mr. Zhiyong Li advanced additional amount of $6,901 to the Company. The loans would be repaid as request without interest. As of December 31, 2011, the balance of loan from Shareholder was $7,886.

In 2012, Mr. Zhiyong Li advanced additional $24,867 to the Company. Therefore, as of December 31, 2012, the balance of loan from Shareholder was $32,753. The loans would be repaid as request without interest.

In year 2013, the Company returned $ 29,407 to the shareholder. As of December 31, 2013, the balance of loan from Shareholder is $3,346. The loans would be repaid as request without interest.

From January to September 30, 2014, Mr. Zhiyong Li advanced additional amount of $426,543 to the Company. The loans would be repaid as request without interest. As of September 30, 2014, the balance of loan from Shareholder was $429,889.

Loans to Related Party Supplier- Beijing Chaoran

From October 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 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 December 31, 2012, the balance of loan amount to Related Party Supplier-Beijing Chaoran was $5,873, and the interest incomes from Beijng Chaoran were based on annual interest rate of 3% in year 2012

As of December 31, 2013, the balance of loan amount to Related Party Supplier-Beijing Chaoran is $135,232, and the interest incomes from Beijng Chaoran were based on annual interest rate of 3%.

As of September 30, 2014, the balance of loan amount to Related Party Supplier-Beijing Chaoran and the interest incomes that based on annual interest rate of 3% were fully repaid to the Company.

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SIGNIFICANT ACCOUNTING POLICIES

9 Months Ended

Sep. 30, 2014

Notes to Financial Statements

Note B. SIGNIFICANT ACCOUNTING POLICIES

Basis of accounting

The financial statements reflect the assets, revenues and expenditures of the Company on the accrual basis of accounting. The Company’s fiscal year end is December 31.

Principles of Consolidation

The consolidated financial statements of the Company include the accounts of Hyperera, Inc., and Hyperera Technology (Beijing) Co.., Ltd. All significant intercompany balances and transactions have been eliminated in consolidation

Use of Estimates

The preparation of 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.

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, 2014 there were $ 117,255 cash and cash equivalents.

Foreign Currency Translation

The Company has determined the United States dollars to be its functional currency for Hyperera USA, Inc; People’s Republic of China Chines Yuan Renminbi to be its functional currency in Hyperera BeiJing office. 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.

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.

Property, Plant, and Equipment Depreciation

Property, plant, and equipment are stated at cost. Depreciation is being provided principally by straight line methods with mid-month convention over the estimated useful lives of the assets. As of September 30, 2014, the net fixed assets were $ 19,722 in the Company’s balance sheets. The straight line depreciation methods over 7 years for furniture and 5 years for computers were used to calculate depreciations.

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 is no other type of securities issued. Accordingly, the diluted net loss and basic net loss per common share are the same.

Concentration of credit risk

The Company maintains its cash in bank accounts which, at times, may exceed the federally insured limits. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk on cash.

Loans to Greensaver Corporation

On April 15, 2012, the Company through its subsidiary Hyperera Technology (Beijing) Co., Ltd. signed a loan agreement with Greensaver Corporation, to advance a loan amount of $1,538,462 [10,000,000 RMB] at an annual interest rate of 10%. Greensaver Corporation is a silicon battery manufacturer located in 8 North Yangzijinag Rd, Ningbo, Zhejiang, China. The Company is in reorganization under the local Chinese laws. The loan agreement was amended on March 2013 to provide for a monthly payment of $80,645 starting July 1, 2013 and continuing until the loan is paid off by July 2015. Due to the reorganization of the Greensaver Corporation, the risk of default for our loan to Greensaver is high. If the loan is at default by Greensaver, our Company may have going concern. In fact the default occurred and the loan had to be restructured again.

On March 25, 2014, Loan Supplementary Agreement III was signed by Hyperera Technology (Beijing) Co., Ltd. and Greensaver Corporation. In the supplementary agreement, Greensaver promised to pay back RMB 50,000 in the 2^nd quarter of 2014, pay back RMB 150,000 in 3^rd quarter of 2014, and pay back RMB 300,000 in the 4^th quarter of 2014; then pay back RMB 2.5 million quarterly in year 2014. Based on the legal opinion of local Chinese law firm, United Law Office, Beijing China, the principal of loan amount of $1,538,462 [10,000,000 RMB] shall be protected by Chinese law but the interest of loan. If there is a lawsuit between Hyperera (Beijing) and Greensaver, in many Chinese court cases based on the legal opinion, the interest of loan shall not be held lawful by Chinese courts. Accordingly, the accumulated interest receivable of $ 339,726 was written off at December 31, 2013, and there’s no interest receivable was record and RMB 50,000 was returned on August 2014; therefore, there’s outstanding loan of $ 1,530,397 as of September 30, 2014.

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

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 the fiscal quarter ended September 30, 2014 and 2013, there were no hardware sales.

For the year 2010, the total hardware sales was $162,840, there was no any software bundle with the hardware sold in 2010.

No hardware sales since 2010.

(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.

(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, 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.

For the fiscal quarter ended September 30, 2014 and 2013, there were $ 16,405 & $ 0.00 software sales and software revenue realized for the Company.

Cost of Goods Sold

For the fiscal quarter ended September 30, 2014, and 2013 there was $3,852 & $ 0.00 cost of goods sold incurred.

Inventory

As of September 30, 2014, the Company have no inventory in stock.

Operating Expenses

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

For the fiscal quarter end September 30, 2014 and 2013, there are total of $175,720 and $128,891 operating expenses respectively.

For the nine months period end September 30, 2014 and 2013, there are total of $467,523 and $260,452 operating expenses respectively. The selling, general and administrative expenses and depreciation details were showed in the Exhibit A.

Operating Leases

The Company entered into three leases for its corporate offices under terms of non-cancelable operating leases. The first lease term is from March 1, 2014 through February 28, 2015 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 fiscal quarter ended September 30, 2014 and 2013, there were $1,800 rent expenses incurred.

The second lease is the administration office space for China’s subsidiary in Beijing located at Room 11A, Block B, Kingwing Hotel, No. 17 Dongsanhuan South Road, Chaoyang District, Beijing, China 100021. The lease term runs from March 25, 2013 through March 24, 2015 and required a RMB 24,731.76 monthly lease payment. The third lease is the development and research, sales and marketing office space for China’s subsidiary in Beijing located at Room 7B, Block B, Kingwing Hotel, No. 17 Dongsanhuan South Road, Chaoyang District, Beijing, China 100021. The lease term runs from August 11, 2013 through August 10, 2014 and required a RMB 19,437.62 monthly lease payment. For the fiscal quarter ended September 30, 2014, and 2013, there was USD $ 21,372, and $ 14,133 rent expenses incurred correspondingly for China offices.

Therefore, there was total of $23,172 and $15,933 rent expenses for the fiscal quarter ended September 30, 2014 and 2013.

For the nine months period ended September 30, 2014 and 2014, the Company incurred a total of $69,517 and $40,521 rent expense respectively.

For the period of February 19 2008 to September 30, 2014, there’s a total of $292,171 rent expense was recorded.

Professional Fee

Professional fees are included accounting and auditing fee, consulting fee, legal fee, SEC filing expenses, and other professional fees. For the fiscal quarter ended September 30 2014 and 2013, the Company incurred $14,681 and $5,530 respectively.

For the nine months period ended September 30 2014 and 2013, the Company incurred $56,426 and $50,386 respectively. For the cumulative period from February 19, 2008 to September 30, 2014, the company has professional fees of $484,303.

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, and the write off of the uncollectible interest receivable. Based on the legal opinion of local Chinese law firm, United Law Office, Beijing China, as Greensaver is in reorganization under the local Chinese laws, If there is a lawsuit between Hyperera (Beijing) and Greensaver, the principal of loan amount of $1,538,462 [10,000,000 RMB] shall be protected by Chinese law but not the interest of loan. Accordingly, the accumulated interest receivable of $339,726 from Greensaver was written off at December 31, 2013.

For the fiscal quarter ended September 30, 2014, and 2013, the company has $545 and $27 comprehensive loss respectively.

For the nine months period ended September 30, 2014, and 2013, the company has $1,373 comprehensive loss and $ 796 comprehensive income respectively. For the cumulative period from February 19, 2008 to September 30, 2014, the company has accumulated comprehensive loss of $309,462.

Income Tax

The Company filed extension for corporate tax return Form 1120 to Internal Revenue Service and IL 1120 to the State of Illinois for the year 2013. There is no income tax for the State of Nevada.

Hyperera Technology (Beijing) Co., Ltd. Filed annual report to Beijing local tax bureau, and no income tax dues were paid to Chinese government.

New Pronouncement:

Pronouncement	Issued	Title
ASC 855	May 2009	Subsequent Events
ASC 105	June 2009	The FASB Accounting Standards Codification and the Hierarchy of Generally Accepted Accounting Principles—a replacement of FASB Statement No. 162
ASC 820	August 2009	Fair Value Measurements and Disclosures – Measuring Liabilities at Fair Value
ASC 260	September 2009	Earnings per Share – Amendments to Section 260-10-S99
ASC 820	September 2009	Investments in Certain Entities that Calculate Net Asset Value per Share (or Its Equivalent)
ASC 605	October 2009	Revenue Recognition (Topic 605): Multiple-Deliverable Revenue Arrangements – a consensus of the FASB Emerging Issues Task Force
ASC 470	October 2009	Accounting for Own-Share Lending Arrangements in Contemplation of Convertible Debt Issuance or Other Financing – a consensus of the FASB Emerging Issues Task Force
ASC 860	December 2009	Transfers and Servicing (Topic 860): Accounting for Transfers of Financial Assets
ASC 505	January 2010	Accounting for Distributions to Shareholders with Components of Stock and Cash – a consensus of the FASB Emerging Issues Task Force
ASC 810	January 2010	Consolidation (Topic 810): Accounting and Reporting for Decreases in Ownership of a Subsidiary – a Scope Clarification
ASC 718	January 2010	Compensation – Stock Compensation (Topic 718): Escrowed Share Arrangements and the Presumption of Compensation
ASC 820	January 2010	Fair Value Measurements and Disclosures (Topic 820): Improving Disclosures about Fair Value Measurements
ASC 855	February 2010	Subsequent Events (Topic 855): Amendments to Certain Recognition and Disclosure Requirements
ASC 810	February 2010	Consolidation (Topic 810): Amendments for Certain Investment Funds
ASC 815	March 2010	Derivatives and Hedging (Topic 815): Scope Exception Related to Embedded Credit Derivatives

Management assessed that the new accounting pronouncements listed above will have a material impact on our financial statements. The Company shall adopt the ASC 605 for revenue recognition of multiple elements arrangement for sales of customized information system software.

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CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 117,252	$ 129,009
Total Current Assets	117,252	129,009
Other current assets:
Prepaid Expenses	75,158	10,328
Loan to related supplier		135,232
Accurred interest		1,762
Total Other Current Assets	75,158	147,322
Fixed assets
Furniture & Equipment, Net	19,722	31,543
Total Fixed Assets	19,722	31,543
Other assets:
Loan to Greensaver Corp.	1,530,397	1,538,462
Total Other Assets	1,530,397	1,538,462
TOTAL ASSETS	1,742,529	1,846,336
Current liabilities:
Account payable	29,900	1,800
Loan from shareholders	429,889	3,346
Loan from others	141,712	241,734
Payroll liabilities	967	1,188
Total current liabilities	602,468	248,068
Stockholders' Equity:
Common stock, $0.001 par value; 200,000,000 shares authorized; 40,104,000 shares issued and outstanding.	40,104	40,104
Paid-in capital	2,722,464	2,722,464
Deficit accumulated during the development stage	(1,313,046)	(856,211)
Accumulated other comprehensive income (loss)	(309,461)	(308,089)
Total stockholders' equity	1,140,061	1,598,268
TOTAL LIABILITIES & EQUITY	$ 1,742,529	$ 1,846,336

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STATEMENT OF STOCKHOLDERS EQUITY (USD $)	Common Stock	Additional Paid-In Capital	Deficit Accumulated During the Development Stage	Accumulated Other Comprehensive Income (Loss)	Total
Beginning Balance, Amount at Dec. 31, 2008	$ 27,939	$ 230,231	$ (51,611)	$ (311)	$ 206,248
Beginning Balance, Shares at Dec. 31, 2008	27,939,000
Net loss
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
Net loss
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
Net loss
Ending Balance, Amount at Dec. 31, 2011	38,204	2,344,364	(395,763)	28,739	2,015,544
Beginning Balance, Shares at Dec. 31, 2011	38,204,000
Adjustment for Rate Exchange				(459)	(459)
Net loss			(200,249)		(200,249)
Ending Balance, Amount at Dec. 31, 2012	38,204	2,344,364	(596,012)	28,280	1,814,836
Ending Balance, Shares at Dec. 31, 2012	38,204,000
Issuance of common stocks to shareholder @0.2 per share on July 01, 2013. Amount	400	79,600			80,000
Issuance of common stocks to shareholder @0.2 per share on July 01, 2013. Shares	400,000
Issuance of common stocks to shareholders @0.20 per share on August 30, 2013, Amount	1,500	298,500			300,000
Issuance of common stocks to shareholders @0.20 per share on August 30, 2013, Shares	1,500,000
Adjustment for Rate Exchange				3,357	3,357
Write off Interest Receivable				(339,726)	(339,726)
Net loss			(260,199)		(260,199)
Ending Balance, Amount at Dec. 31, 2013	40,104	2,722,464	(856,211)	(308,089)	1,598,268
Ending Balance, Shares at Dec. 31, 2013	40,104,000
Adjustment for Rate Exchange				(824)	(824)
Net loss			(291,232)		(291,232)
Ending Balance, Amount at Jun. 30, 2014	40,104	2,722,464	(1,147,443)	(308,913)	1,306,212
Ending Balance, Shares at Jun. 30, 2014	40,104,000
Adjustment for Rate Exchange				(548)	(548)
Net loss			(165,603)		(165,603)
Ending Balance, Amount at Sep. 30, 2014	$ 40,104	$ 2,722,464	$ (1,313,046)	$ (309,461)	$ 1,140,061
Ending Balance, Shares at Sep. 30, 2014	40,104,000

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BUSINESS DESCRIPTION

9 Months Ended

Sep. 30, 2014

Notes to Financial Statements

Note A. BUSINESS DESCRIPTION

Hyperera, Inc. (the “Company”), incorporated under the laws of Nevada on February 19, 2008. 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 the U.S. operation, the Company had one representative office in China, which was established on April 2, 2008; the representative office was closed effective on July 1, 2009. In order to developing and operating more efficiently, in the mean time, Hyperera, Inc established a subsidiary Hyperera Technology (Beijing) Co, Ltd in China in July 3, 2009 to replace the representative 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, 2009 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.

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 1^st, 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 SHEETS (Parenthetical) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Stockholders' Equity:
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	40,104,000	40,104,000
Common stock, shares outstanding	40,104,000	40,104,000

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RELATED PARTY TRANSACTIONS (Details Narrative) (USD $)	9 Months Ended	12 Months Ended
	Sep. 30, 2014	Dec. 31, 2013
Shares issued	40,104,000
Loan from shareholders	$ 353,582	$ 3,346
Balance of loan from Shareholder	350,236
Shareholder returns		29,407
Loan from others	141,712	241,734
Advanced short-term loans		135,232
Advanced short-term loans annual interest rate	3.00%	3.00%
Zhi Yong Li [Member]
Loan from shareholders	423,478
Balance of loan from Shareholder	$ 429,889
Officers and Directors [Member]
Shares issued	20,400,000

XML

DOCUMENT AND ENTITY INFORMATION	9 Months Ended
	Sep. 30, 2014	Nov. 19, 2014
Document And Entity Information
Entity Registrant Name	HYPERERA INC
Entity Central Index Key	0001458868
Document Type	10-Q
Document Period End Date	Sep. 30, 2014
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		40,104,000
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2014

XML

SHAREHOLDERS' EQUITY (Details Narrative)	Sep. 30, 2014	Dec. 31, 2013
Shareholder's Equity details
Common stock, shares outstanding	40,104,000	40,104,000

XML

CONSOLIDATED STATEMENT OF LOSS (USD $)	3 Months Ended		9 Months Ended		79 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014
Consolidated Statement Of Loss
Revenues	$ 13,786		$ 13,786		$ 242,644
Cost of Goods Sold	3,852		3,852		211,850
Gross Profit	9,934		9,934		30,794
Operating expenses:
Selling, general and administrative expenses	171,335	124,506	454,368	248,379	1,738,176
Depreciation and amortization expenses	4,385	4,385	13,155	12,073	51,276
Total Operating Expenses	175,720	128,891	467,523	260,452	1,789,452
Operating Loss	(165,786)	(128,891)	(457,589)	(260,452)	(1,758,658)
Investment income, net	558	39,536	1,868	117,504	446,988
Interest Expense, net			734		1,001
Loss before income taxes	(165,228)	(89,355)	(456,455)	(142,948)	(1,312,671)
Loss Tax expense	375		375		375
Net loss	(165,603)	(89,355)	(456,830)	(142,948)	(1,313,046)
Net loss per common share- Basics	$ 0.00	$ 0.00	$ (0.01)	$ 0.00	$ (0.03)
Net loss per common share- Diluted	$ 0.00	$ 0.00	$ (0.01)	$ 0.00	$ (0.03)
Other comprehensive loss, net of tax:
Uncollectible interest receivable write off					(339,726)
Foreign currency translation adjustments	(548)	(27)	(1,373)	796	30,265
Other comprehensive loss	(548)	(27)	(1,373)	796	(309,461)
Comprehensive Loss	$ (166,151)	$ (89,382)	$ (458,203)	$ (142,152)	$ (1,622,507)

XML

SIGNIFICANT ACCOUNTING POLICIES (Policies)

9 Months Ended

Sep. 30, 2014

Significant Accounting Policies Policies

Basis of accounting

The financial statements reflect the assets, revenues and expenditures of the Company on the accrual basis of accounting. The Company’s fiscal year end is December 31.

Principles of Consolidation

The consolidated financial statements of the Company include the accounts of Hyperera, Inc., and Hyperera Technology (Beijing) Co.., Ltd. All significant intercompany balances and transactions have been eliminated in consolidation.

Use of Estimates

The preparation of 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.

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, 2014 there were $ 117,255 cash and cash equivalents.

Foreign Currency Translation

The Company has determined the United States dollars to be its functional currency for Hyperera USA, Inc; People’s Republic of China Chines Yuan Renminbi to be its functional currency in Hyperera BeiJing office. 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.

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.

Property, Plant, and Equipment Depreciation

Property, plant, and equipment are stated at cost. Depreciation is being provided principally by straight line methods with mid-month convention over the estimated useful lives of the assets. As of September 30, 2014, the net fixed assets were $ 19,722 in the Company’s balance sheets. The straight line depreciation methods over 7 years for furniture and 5 years for computers were used to calculate depreciations.

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 is no other type of securities issued. Accordingly, the diluted net loss and basic net loss per common share are the same.

Concentration of credit risk

The Company maintains its cash in bank accounts which, at times, may exceed the federally insured limits. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk on cash.

Loans to Greensaver Corporation

On April 15, 2012, the Company through its subsidiary Hyperera Technology (Beijing) Co., Ltd. signed a loan agreement with Greensaver Corporation, to advance a loan amount of $1,538,462 [10,000,000 RMB] at an annual interest rate of 10%. Greensaver Corporation is a silicon battery manufacturer located in 8 North Yangzijinag Rd, Ningbo, Zhejiang, China. The Company is in reorganization under the local Chinese laws. The loan agreement was amended on March 2013 to provide for a monthly payment of $80,645 starting July 1, 2013 and continuing until the loan is paid off by July 2015. Due to the reorganization of the Greensaver Corporation, the risk of default for our loan to Greensaver is high. If the loan is at default by Greensaver, our Company may have going concern. In fact the default occurred and the loan had to be restructured again.

On March 25, 2014, Loan Supplementary Agreement III was signed by Hyperera Technology (Beijing) Co., Ltd. and Greensaver Corporation. In the supplementary agreement, Greensaver promised to pay back RMB 50,000 in the 2^nd quarter of 2014, pay back RMB 150,000 in 3^rd quarter of 2014, and pay back RMB 300,000 in the 4^th quarter of 2014; then pay back RMB 2.5 million quarterly in year 2014. Based on the legal opinion of local Chinese law firm, United Law Office, Beijing China, the principal of loan amount of $1,538,462 [10,000,000 RMB] shall be protected by Chinese law but the interest of loan. If there is a lawsuit between Hyperera (Beijing) and Greensaver, in many Chinese court cases based on the legal opinion, the interest of loan shall not be held lawful by Chinese courts. Accordingly, the accumulated interest receivable of $ 339,726 was written off at December 31, 2013, and there’s no interest receivable was record and RMB 50,000 was returned on August 2014; therefore, there’s outstanding loan of $ 1,530,397 as of September 30, 2014.

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

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 the fiscal quarter ended September 30, 2014 and 2013, there were no hardware sales.

For the year 2010, the total hardware sales was $162,840, there was no any software bundle with the hardware sold in 2010.

No hardware sales since 2010.

(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.

(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, 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.

For the fiscal quarter ended September 30, 2014 and 2013, there were $ 16,405 & $ 0.00 software sales and software revenue realized for the Company.

Cost of Goods Sold

For the fiscal quarter ended September 30, 2014, and 2013 there was $3,852 & $ 0.00 cost of goods sold incurred.

Inventory

As of September 30, 2014, the Company have no inventory in stock.

Operating Expenses

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

For the fiscal quarter end September 30, 2014 and 2013, there are total of $175,720 and $128,891 operating expenses respectively.

For the nine months period end September 30, 2014 and 2013, there are total of $467,523 and $260,452 operating expenses respectively. The selling, general and administrative expenses and depreciation details were showed in the Exhibit A.

Operating Leases

The Company entered into three leases for its corporate offices under terms of non-cancelable operating leases. The first lease term is from March 1, 2014 through February 28, 2015 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 fiscal quarter ended September 30, 2014 and 2013, there were $1,800 rent expenses incurred.

The second lease is the administration office space for China’s subsidiary in Beijing located at Room 11A, Block B, Kingwing Hotel, No. 17 Dongsanhuan South Road, Chaoyang District, Beijing, China 100021. The lease term runs from March 25, 2013 through March 24, 2015 and required a RMB 24,731.76 monthly lease payment. The third lease is the development and research, sales and marketing office space for China’s subsidiary in Beijing located at Room 7B, Block B, Kingwing Hotel, No. 17 Dongsanhuan South Road, Chaoyang District, Beijing, China 100021. The lease term runs from August 11, 2013 through August 10, 2014 and required a RMB 19,437.62 monthly lease payment. For the fiscal quarter ended September 30, 2014, and 2013, there was USD $ 21,372, and $ 14,133 rent expenses incurred correspondingly for China offices.

Therefore, there was total of $23,172 and $15,933 rent expenses for the fiscal quarter ended September 30, 2014 and 2013.

For the nine months period ended September 30, 2014 and 2014, the Company incurred a total of $69,517 and $40,521 rent expense respectively.

For the period of February 19 2008 to September 30, 2014, there’s a total of $292,171 rent expense was recorded.

Professional Fee

Professional fees are included accounting and auditing fee, consulting fee, legal fee, SEC filing expenses, and other professional fees. For the fiscal quarter ended September 30 2014 and 2013, the Company incurred $14,681 and $ 5,530 respectively.

For the nine months period ended September 30 2014 and 2013, the Company incurred $56,426 and $ 50,386 respectively. For the cumulative period from February 19, 2008 to September 30, 2014, the company has professional fees of $ 484,303.

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, and the write off of the uncollectible interest receivable. Based on the legal opinion of local Chinese law firm, United Law Office, Beijing China, as Greensaver is in reorganization under the local Chinese laws, If there is a lawsuit between Hyperera (Beijing) and Greensaver, the principal of loan amount of $1,538,462 [10,000,000 RMB] shall be protected by Chinese law but not the interest of loan. Accordingly, the accumulated interest receivable of $339,726 from Greensaver was written off at December 31, 2013.

For the fiscal quarter ended September 30, 2014, and 2013, the company has $545 and $27 comprehensive loss respectively.

For the nine months period ended September 30, 2014, and 2013, the company has $1,373 comprehensive loss and $ 796 comprehensive income respectively. For the cumulative period from February 19, 2008 to September 30, 2014, the company has accumulated comprehensive loss of $309,462.

Income Tax

The Company filed extension for corporate tax return Form 1120 to Internal Revenue Service and IL 1120 to the State of Illinois for the year 2013. There is no income tax for the State of Nevada.

Hyperera Technology (Beijing) Co., Ltd. Filed annual report to Beijing local tax bureau, and no income tax dues were paid to Chinese government.

New Pronouncement

Pronouncement	Issued	Title
ASC 855	May 2009	Subsequent Events
ASC 105	June 2009	The FASB Accounting Standards Codification and the Hierarchy of Generally Accepted Accounting Principles—a replacement of FASB Statement No. 162
ASC 820	August 2009	Fair Value Measurements and Disclosures – Measuring Liabilities at Fair Value
ASC 260	September 2009	Earnings per Share – Amendments to Section 260-10-S99
ASC 820	September 2009	Investments in Certain Entities that Calculate Net Asset Value per Share (or Its Equivalent)
ASC 605	October 2009	Revenue Recognition (Topic 605): Multiple-Deliverable Revenue Arrangements – a consensus of the FASB Emerging Issues Task Force
ASC 470	October 2009	Accounting for Own-Share Lending Arrangements in Contemplation of Convertible Debt Issuance or Other Financing – a consensus of the FASB Emerging Issues Task Force
ASC 860	December 2009	Transfers and Servicing (Topic 860): Accounting for Transfers of Financial Assets
ASC 505	January 2010	Accounting for Distributions to Shareholders with Components of Stock and Cash – a consensus of the FASB Emerging Issues Task Force
ASC 810	January 2010	Consolidation (Topic 810): Accounting and Reporting for Decreases in Ownership of a Subsidiary – a Scope Clarification
ASC 718	January 2010	Compensation – Stock Compensation (Topic 718): Escrowed Share Arrangements and the Presumption of Compensation
ASC 820	January 2010	Fair Value Measurements and Disclosures (Topic 820): Improving Disclosures about Fair Value Measurements
ASC 855	February 2010	Subsequent Events (Topic 855): Amendments to Certain Recognition and Disclosure Requirements
ASC 810	February 2010	Consolidation (Topic 810): Amendments for Certain Investment Funds
ASC 815	March 2010	Derivatives and Hedging (Topic 815): Scope Exception Related to Embedded Credit Derivatives

Management assessed that the new accounting pronouncements listed above will have a material impact on our financial statements. The Company shall adopt the ASC 605 for revenue recognition of multiple elements arrangement for sales of customized information system software.

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GOING CONCERN

9 Months Ended

Sep. 30, 2014

Notes to Financial Statements

Note E. 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 operating losses of $ 118,493 and $ 128,891 for the fiscal quarter ended September 30, 2014 and 2013 and a cumulative operating loss of $ 1,711,361 for the period February 19, 2008 (inception) through September 30, 2014. 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 loans to GreenSaver Corp. of $ 1,538,462 raised substantial doubt about it’s ability to carry out it’s operational business plan and cause uncertainty about its cash flows immediately, such borrows or withdraws may raise substantial doubt about the Company’s ability to continue as going concern immediately. The Company amended the loan agreement with new management of the Greensaver Corp and new management of Greensaver Corp will start paying the principal and interest to the Company over the next 3 years, the loan balance will be paid off by July 31, 2015 based on the amended loan agreement signed on March 2013. Due to GreenSaver Corp is in reorganization under the Chinese laws, there will be uncertainty about the Greesaver Corp. The risk of the loan in default is significant high. If the loan is in default, then the Company will be required to cease or curtail its operation immediately.

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
			Three Months Ended		Three Months Ended		Nine Months Ended		Nine Months Ended		February 19, 2008 (Date of Inception) Through
			September 30		September 30		September 30		September 30		September 30,
			2014		2013		2014		2013		2014
Expense
	Auto			6,314		10,952		11,882		11,402		41,947
	Administration Expense			-		-				225		225
	Bank Service Charges			370		416		707		654		4,964
	Computer and Internet Expenses			-		115		-		428		826
	Dues & Subscriptions			-		-		-		-		110
	Depreciation			4,385		4,385		13,155		12,073		51,276
	Employees Welfare Expense			2,403		1,269		7,975		1,269		15,980
	Gift and promotion Expense			-		-				1,758		7,034
	Insurance			7,551		4,733		16,398		8,890		39,513
	License & Registration			-		2,620		474		3,019		15,837
	Meals and Entertainment			1,337		9,344		11,405		9,344		38,225
	Meeting & Conference			1,785		14,654		9,365		14,654		36,699
	Office Supplies			6,280		3,391		29,322		13,359		92,143
	Vehicle and Vessel Usage Tax			-		-		-		-		-
	Telephone Expense			-		252		-		252		1,619
	Utilities			575		536		3,388		1,362		19,422
	Bank interest			-		-		-		5		-
	Purchase of Bank Note			-		-		-		-		-
	Small tools and equipment			-		-		-		-		150
	Supplies			-		-		-		-		1,307
	Postage			1,819		399		2,403		476		4,939
	Payroll Expenses			54,193		43,848		171,838		78,776		475,225
	Professional Fees
		Accounting and Auditing		-		2,308		25,645		27,923		136,089
		Consulting Fees		-		-		-		-		102,741
		Legal Fee		11,300		-		23,365		15,300		131,918
		SEC filling fee		-		1,643		3,036		5,283		39,375
		Professional Fees - Other		3,381		1,580		4,381		1,880		74,180
	Professional Fees			14,681		5,530		56,426		50,386		484,303
	Rent Expense			23,172		15,933		69,517		40,521		292,171
	Tax-China Operation			728		-		728		-		12,194
	Research & development expense			-		-		-		-		3,960
	Travel Expense
	Travel Expense			5,635		10,513		18,048		11,598		104,892
	Sales Expense			44,493		-		44,493		-		44,493
Total Expense				175,720		128,891		467,523		260,452		1,789,452

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GOING CONCERN (Details Narrative) (USD $)	3 Months Ended		9 Months Ended		79 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014
Going Concern Details Narrative
Operating losses	$ (165,786)	$ (128,891)	$ (457,589)	$ (260,452)	$ (1,758,658)

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SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) (USD $)	3 Months Ended		9 Months Ended		79 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Dec. 31, 2013
Significant Accounting Policies Details Narrative
Cash and cash equivalents	$ 117,252		$ 117,252		$ 117,252	$ 129,009
Net fixed assets	19,722		19,722		19,722	31,543
Accrued interest receivable from Greensaver Corporation						339,726
Loan to Greensaver Corp.	1,530,397		1,530,397		1,530,397	1,538,462
Revenues	13,786		13,786		242,644
Cost of Goods Sold	3,852		3,852		211,850
Operating expenses	175,720	128,891	467,523	260,452	1,789,452
Rent expenses for lease 1	1,800	1,800
Rent expenses for lease 2	21,372	14,133
Rent expenses	23,172	15,933	69,517	40,521	292,171
Professional fees	14,681	5,530	56,426	50,386	484,303
Comprehensive Loss	$ (548)	$ (27)	$ (1,373)	$ 796	$ (309,461)

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RELATED PARTY TRANSACTIONS (Tables)

9 Months Ended

Sep. 30, 2014

Related Party Transactions Tables

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

Name	Title	Share QTY		Amount		Date	% of Common Share*
Zhi Yong Li	Chairman		10,000,000	$	10,000.00	2/19/2008		24.94	%
Wei Wu	President		5,000,000	$	5,000.00	2/19/2008		12.47	%
Hui Tao Zhou	Director		5,000,000	$	5,000.00	2/19/2008		12.47	%
Jian Wu Zhang	Director		100,000	$	3,000.00	3/31/2008		0.25	%
Ming Liu	Director		100,000	$	3,000.00	3/31/2008		0.25	%
Hong Tao Bai	Vice-President		100,000	$	3,000.00	3/31/2008		0.25	%
Nan Su	CTO		100,000	$	3,000.00	3/31/2008		0.25	%
Simon Bai	CFO							0.00	%
Total			20,400,000	$	32,000.00			50.87	%

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GOING CONCERN (Tables)

9 Months Ended

Sep. 30, 2014

Going Concern Tables

Exhibit A

Exhibit A
			Three Months Ended		Three Months Ended		Nine Months Ended		Nine Months Ended		February 19, 2008 (Date of Inception) Through
			September 30		September 30		September 30		September 30		September 30,
			2014		2013		2014		2013		2014
Expense
	Auto			6,314		10,952		11,882		11,402		41,947
	Administration Expense			-		-				225		225
	Bank Service Charges			370		416		707		654		4,964
	Computer and Internet Expenses			-		115		-		428		826
	Dues & Subscriptions			-		-		-		-		110
	Depreciation			4,385		4,385		13,155		12,073		51,276
	Employees Welfare Expense			2,403		1,269		7,975		1,269		15,980
	Gift and promotion Expense			-		-				1,758		7,034
	Insurance			7,551		4,733		16,398		8,890		39,513
	License & Registration			-		2,620		474		3,019		15,837
	Meals and Entertainment			1,337		9,344		11,405		9,344		38,225
	Meeting & Conference			1,785		14,654		9,365		14,654		36,699
	Office Supplies			6,280		3,391		29,322		13,359		92,143
	Vehicle and Vessel Usage Tax			-		-		-		-		-
	Telephone Expense			-		252		-		252		1,619
	Utilities			575		536		3,388		1,362		19,422
	Bank interest			-		-		-		5		-
	Purchase of Bank Note			-		-		-		-		-
	Small tools and equipment			-		-		-		-		150
	Supplies			-		-		-		-		1,307
	Postage			1,819		399		2,403		476		4,939
	Payroll Expenses			54,193		43,848		171,838		78,776		475,225
	Professional Fees
		Accounting and Auditing		-		2,308		25,645		27,923		136,089
		Consulting Fees		-		-		-		-		102,741
		Legal Fee		11,300		-		23,365		15,300		131,918
		SEC filling fee		-		1,643		3,036		5,283		39,375
		Professional Fees - Other		3,381		1,580		4,381		1,880		74,180
	Professional Fees			14,681		5,530		56,426		50,386		484,303
	Rent Expense			23,172		15,933		69,517		40,521		292,171
	Tax-China Operation			728		-		728		-		12,194
	Research & development expense			-		-		-		-		3,960
	Travel Expense
	Travel Expense			5,635		10,513		18,048		11,598		104,892
	Sales Expense			44,493		-		44,493		-		44,493
Total Expense				175,720		128,891		467,523		260,452		1,789,452

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RELATED PARTY TRANSACTIONS (Details) (USD $)	9 Months Ended
	Sep. 30, 2014	Dec. 31, 2013	Jun. 30, 2014
Amount	$ 40,104	$ 40,104
Zhi Yong Li [Member]
Share issued	10,000,000
Amount	10,000
Date	2008-02-19
Percent of common Share	24.94%
Wei Wu [Member]
Share issued	5,000,000
Amount	5,000
Date	2008-02-19
Percent of common Share	12.47%
Hui Tao Zhou [Member]
Share issued	5,000,000
Amount	5,000
Date	2008-02-19
Percent of common Share	12.47%
Jian Wu Zhang [Member]
Share issued	100,000
Amount	3,000
Date	2008-03-31
Percent of common Share	0.25%
Ming Liu [Member]
Share issued	100,000
Amount	3,000
Date	2008-03-31
Percent of common Share	0.25%
Hong Tao Bai [Member]
Share issued	100,000
Amount	3,000
Date	2008-03-31
Percent of common Share	0.25%
Nan Su [Member]
Share issued	100,000
Amount	3,000
Date	2008-03-31
Percent of common Share	0.25%
Simon Bai [Member]
Percent of common Share			0.00%
Executive and Non-Executive Officers and Directors [Member]
Share issued	20,400,000
Amount	$ 32,000
Percent of common Share	50.87%

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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)	3 Months Ended		9 Months Ended		79 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014
Operating Activities:
Net loss	$ (165,603)	$ (89,355)	$ (456,830)	$ (142,948)	$ (1,313,046)
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	4,385	4,385	13,155	12,073	51,276
Inventory	5,514
Accrued interest receivable	3,033	(39,478)	1,762	(40,494)
Prepaid expenses	(24,594)	(5,437)	(64,829)	(5,437)	(75,158)
Account payable	2,100	2,100	28,100	(400)	29,900
Payroll liabilities	(429)	(5,391)	(221)	764	967
Loan from others		170,022	(100,022)	235,489	141,712
Loan from shareholders	76,307	13,899	426,543	(12,268)	429,889
Net cash provided by operating activities	(99,287)	50,745	(152,342)	46,779	(710,290)
Investing Activities:
Purchase Furniture & Equipment		(13,866)	(1,334)	(16,193)	(70,997)
Net cash provided by investing activities		(13,866)	(1,334)	(16,193)	(70,997)
Financing Activities:
Proceeds from issuance of common stock		380,000		380,000	2,738,398
Prepaid for stock purchase		(76,923)
Loans Greensaver Corp	8,064		8,064		(1,530,398)
Loans to related supplier	72,079	(172,415)	135,232	(177,834)
Net cash provided by financing activities	80,143	130,662	143,296	202,166	1,208,000
Effect of Exchange Rate on Cash	(548)	(27)	(1,373)	796	30,265
Uncollectible interest receivable write off					(339,726)
Net increase (decrease) in cash and cash equivalents	(19,692)	167,514	(11,753)	233,548	117,252
Cash and cash equivalents at beginning of the period	136,944	100,930	129,005	34,896
Cash and cash equivalents at end of period	$ 117,252	$ 268,444	$ 117,252	$ 268,444	$ 117,252

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SHAREHOLDERS' EQUITY

9 Months Ended

Sep. 30, 2014

Notes to Financial Statements

Note D. 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 70 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.

There was no share issued in year 2012.

On July 1, 2013, additional 400,000 shares were issued to 1 shareholder, Chinese citizens, at $ 0.20 per share for $80,000.

On August 30, 2013, additional 1,500,000 shares were issued to 2 shareholders, Chinese citizens, at $ 0.20 per share for $300,000.

There’s no shares issued for the period of September 2013 to September 30, 2014.

Therefore, as of September 30, 2014, the total outstanding common shares were 40,104,000.

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Exhibit A (Details) (USD $)	3 Months Ended		9 Months Ended		79 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014
Expense
Auto	$ 6,314	$ 10,952	$ 11,882	$ 11,402	$ 41,947
Administration Expense				225	225
Bank Service Charges	370	416	707	654	4,964
Computer and Internet Expenses		115		428	826
Dues & Subscriptions					110
Depreciation	4,385	4,385	13,155	12,073	51,276
Employees Welfare Expense	2,403	1,269	7,975	1,269	15,980
Gift and promotion Expense				1,758	7,034
Insurance	7,551	4,733	16,398	8,890	39,513
License & Registration		2,620	474	3,019	15,837
Meals and Entertainment	1,337	9,344	11,405	9,344	38,225
Meeting & Conference	1,785	14,654	9,365	14,654	36,699
Office Supplies	6,280	3,391	29,322	13,359	92,143
Vehicle and Vessel Usage Tax
Telephone Expense		252		252	1,619
Utilities	575	536	3,388	1,362	19,422
Bank interest				5
Purchase of Bank Note
Small tools and equipment					150
Supplies					1,307
Postage	1,819	399	2,403	476	4,939
Payroll Expenses	54,193	43,848	171,838	78,776	475,225
Professional Fees
Accounting & Auditing		2,308	25,645	27,923	136,089
Consulting Fees					102,741
Legal Fee	11,300		23,365	15,300	131,918
SEC Filling Fee		1,643	3,036	5,283	39,375
Professional Fees - Other	3,381	1,580	4,381	1,880	74,180
Professional Fees	14,681	5,530	56,426	50,386	484,303
Rent expense	23,172	15,933	69,517	40,521	292,171
Tax-China Operation	728		728		12,194
Research & development expense					3,960
Travel Expense	5,635	10,513	18,048	11,598	104,892
Sales Expense	44,493		44,493		44,493
Total Expense	$ 175,720	$ 128,891	$ 467,523	$ 260,452	$ 1,789,452