UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-Q
(Mark One)
 QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 10-Q


Mark One

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


For the quarterly period ended October 31, 2011


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


For the transition period from ______ to _______


Commission File No. 333-170128



AAA BEST CAR RENTAL INC.
(Exact name of registrant as specified in its charter)


For the quarterly period endedJanuary 31, 2012

  or

 TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from____________ to_________________
Commission File Number 333-170128
STEVIA NUTRA CORP.
(Exact name of registrant as specified in its charter)
Nevada

27-3038945
(State or Other Jurisdictionother jurisdiction of Incorporationincorporation or Organization)

organization)

7500

(Primary Standard Industrial Classification Number)

EIN 27-3038945

(IRS Employer

Identification Number)

No.)



351 E 16th Street,
Paterson, NJ 07524
(973) 851-6863

 (Address and telephone number of principal executive offices)

Indicate by checkmark whether the issuer: (1) has 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[   ]



1 |Page



Indicate by check mark whether the registrant is a large accelerated filed, an accelerated filer, a non-accelerated filer, or a smaller reporting company.

Large accelerated filer [  ] Accelerated filer [   ] Non-accelerated filer [   ] Smaller reporting company [X]

Indicate by checkmark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [  ]  No [ X ]

Applicable Only to Issuer Involved in Bankruptcy Proceedings During the Preceding Five Years.

N/A

Indicate by checkmark whether the issuer has filed all documents and reports required to be filed by Section 12, 13 and 15(d) of the Securities Exchange Act of 1934 after the distribution of securities under a plan confirmed by a court.  Yes[   ]  No[   ]

Applicable Only to Corporate Registrants

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

37 Bannisters Road, Corner Brook, Newfoundland, CanadaA2H 1M5

Class

(Address of principal executive offices)

Outstanding

(Zip Code)
(709) 660-3056
(Registrant’s telephone number, including area code)
AAA BEST CAR RENTAL INC.,  351 E 16th Street, Paterson, NJ 07524
(Former name, former address and former fiscal year, if changed since last report)
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
xYESoNO
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).
xYESoNO
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a small reporting company.  See the definitions of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.
Large accelerated fileroAccelerated filero
Non-accelerated filero(Do not check if a smaller reporting company)
Smaller reporting company             x
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act
oYESxNO
APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS
Check whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Exchange Act after the distribution of securities under a plan confirmed by a court.     
oYESoNO
APPLICABLE ONLY TO CORPORATE ISSUERS
Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of December 14, 2011

the latest practicable date.

Common Stock, $0.001

10,400,000




2 |Page





76,500,000 common shares issued and outstanding as of March 12, 2012.


TABLE OF CONTENTS
PART 1   

I – FINANCIAL INFORMATION

 3

Item 1

Financial Statements (Unaudited)

4

Item 1.  Financial Statements

   Balance Sheets

4

 3

   Statements of Operations

5

   Statements of Cash Flows

6

   Notes to Financial Statements

7

Item 2.  

Management’sManagement's Discussion and Analysis of Financial Condition and Results of Operations

11

 12

Item 3.  

Quantitative and Qualitative Disclosures About Market Risk

14

Item 4.

Controls and Procedures

14

PART II.

OTHER INFORMATION

Item 1   

PART II – OTHER INFORMATION 

Legal Proceedings

15

Item 1.  Legal Proceedings  15
Item 2.  

Unregistered Sales of Equity SecuritiesSecurities and Use of Proceeds

15

Item 3   

3.  Defaults Upon Senior Securities

15

Item 4      

Submission of Matters to a Vote ofSecurity Holders

15

Item 5  

4.  Mine Safety Disclosures

Other Information

15

Item 6      

Exhibits

16

Item 5.  Other Information 

Signatures

 15

Item 6.  Exhibits16

SIGNATURES  17



3 |Page



2
PART 1I – FINANCIAL INFORMATION



AAA BEST CAR RENTAL INC

 (A Development Stage Company)

Balance Sheets

 

 

 

 

 

 

 

 

 

Assets

 

 

 

 

 

 

 

 

 

October 31,

 

July 31,

 

 

 

2011 (Unaudited)

 

2011

(Audited)

Current Assets

 

 

 

 

 

 

Cash

$

3,868

$

8,354

 

Prepaid Expenses

 

3,336

 

5,836

    

     

Total  Current Assets

 


7,204



14,190


Total Assets

 

$

7,204

$

14,190


Liabilities and Stockholders’ Equity

 

 

 

 

 

 

 

 

 

 

Current Liabilities

 

 

 

 

 

Loan from Director

$

12,617

$

1,117

 

Accounts Payable

 

-

 

238

 


Total Current Liabilities

 


12,617



1,355


Total Liabilities

 


12,617

 


1,355

 

 

 

 

 

Stockholders’ Equity

 

 

 

 

 

 

 

 

 

 

  

 Common stock, $0.001par value, 75,000,000 shares authorized;

 

 

 

 

 

 10,400,000 shares issued and outstanding

 

10,400

 

10,400

 

Additional paid-in-capital

 

21,600

 

21,600

 

Deficit accumulated during the development stage

 

(37,413)

 

(19,165)


Total stockholders’ equity (deficit)

 


(5,413)

 


12,835


Total liabilities and stockholders’ equity


$


7,204


$


14,190

 

 

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



4 |Page




AAA BEST CAR RENTAL INC

 (A Development Stage Company)

Statements of Operations (Unaudited)

 

Three months ended October 31, 2011

 

Three months ended October 31, 2010

 

From Inception

On April 30,

2010 to

October 31,

2011

 

Revenue

$

-

$

-

$

1,150

 

 

 

 

 

 

 

Operating Expenses

 

 

 

 

 

 

     General and Administrative Expenses

 

15,475

 

5,848

 

31,053

     Transfer Agent Fees

 

2,773

 

-

 

6,937

 Total Operating Expenses

 

18,248

 

5,848

 

37,990

 

 (Loss) Before Other Expenses

 

(18,248)

 

(5,848)

 

(37,990)

 

 Other Expense     

 

 

 

 

 

 

 

       Depreciation

 

-

 

-

 

(135)

 

       (Loss) on sale of fixed assets

 

-

 

-

 

(442)

     Net (loss)

$

(18,248)

$

(5,848)

$

(37,413)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Loss) per common share – Basic and diluted

$

(0.00)

$

(0.00)

 

 

 

 

 

 

 

 

Weighted Average Number of Common Shares Outstanding

10,400,000

8,000,000

 

 

 

 

 

 

 

 


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

 




5 |Page




AAA BEST CAR RENTAL INC

 (A Development Stage Company)

Statements of Cash Flows (Unaudited)

 

Three months ended October 31, 2011



Three months ended October 31, 2010

From Inception

On April 30,

2010 to

October 31,

2011

Operating Activities

 

 

 

 

Net (loss) for the period

$ (18,248)

$   (5,848)

$ (37,413)

 

Adjustments to reconcile net loss to net cash used in operating activities:

 

 

 

 

   Depreciation expense

-

-

135

 

   Loss on sale of fixed assets

-

-

442

 

Changes in operating assets and liabilities:

 

 

 

 

  Accounts payable

(238)

-

-

 

  Prepaid expenses

2,500

-

(3,336)

 


Net cash (used) for operating activities


(15,986)


(5,848)


(40,172)

 

 

 

 

Investing Activities

 

 

 

     Proceed from sale of fixed assets

-

-

600

     Cash paid for purchase of fixed assets

-

(1,177)

(1,177)

 

 

 

 

     Net cash (used) for investing activities

-

(1,777)

(577)

 

 

 

 

Financing Activities

 

 

 

 

Loans from Director

12,500

-

13,617

 

Repayment of Loan to Director

(1,000)

-

(1,000)

 

Sale of common stock

-

-

32,000

 


Net cash provided by financing activities


11,500


-


44,617

 

 

 

 

 

Net increase (decrease) in cash and equivalents

(4,486)

(7,025)

3,868

 

 

 

 

Cash and equivalents at beginning of the period

8,354

7,984

-


Cash and equivalents at end of the period


$           3,868


$             959


3,868

 

 

 

 

 

 

Supplemental cash flow information:

 

 

 

 

 

 

 

 

 

Cash paid for:

 

 

 

 

Interest                                                                                               

-

-

-

 

Taxes  


-


-


-

      Non-Cash Activities

-

-

-

 

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



6 |Page




AAA BEST CAR RENTAL INC

(A DEVELOPMENT STAGE COMPANY)

NOTES TO THE FINANCIAL STATEMENTS

October

Item 1.  Financial Statements
Our unaudited interim financial statements for the three and six month periods ended January 31, 2011 (unaudited)


NOTE 1 - ORGANIZATION AND BUSINESS OPERATIONS


2012 form part of this quarterly report. They are stated in United States Dollars (US$) and are prepared in accordance with United States generally accepted accounting principles.

3
STEVIA NUTRA CORP.
(formerly AAA Best Car Rental IncInc.)

(A Development Stage Company)

Financial Statements

(Expressed in US dollars)

January 31, 2012

(unaudited)


Balance Sheets 5
Statements of Operations 6
Statements of Cash Flows 7
Notes to the Financial Statements 8
4
STEVIA NUTRA CORP.
(formerly AAA Best Car Rental Inc.)
(A Development Stage Company)
Balance Sheets
(unaudited)

  
January 31,
2012
$
  
July 31,
2011
$
 
       
ASSETS      
       
Cash  –   8,354 
Prepaid expenses  836   5,836 
         
Total Assets  836   14,190 
         
LIABILITIES        
         
Current Liabilities        
         
Bank indebtedness  40   – 
Accounts payable  11,576   238 
Due to related parties  –   1,117 
         
Total Liabilities  11,616   1,355 
         
STOCKHOLDERS’ DEFICIT        
         
Common Stock        
Authorized: 200,000,000 common shares with a par value of $0.001 per share        
Issued and outstanding: 156,000,000 common shares  156,000   156,000 
         
Additional paid-in capital  (111,383)  (124,000)
         
Accumulated deficit during the development stage  (55,397)  (19,165)
         
Total Stockholders’ Deficit  (10,780)  12,835 
         
Total Liabilities and Stockholders’ Deficit  836   14,190 
(The accompanying notes are an integral part of these financial statements)
5
STEVIA NUTRA CORP.
(formerly AAA Best Car Rental Inc.)
(A Development Stage Company)
Statements of Operations
(unaudited)

  
For the Three
Months Ended
January 31, 2012
$
  
For the Three
Months Ended
January 31, 2011
$
  
For the Six
Months Ended
January 31, 2012
$
  
For the Six
Months Ended
January 31, 2011
$
  
Accumulated from
April 30, 2010
(date of inception) to
January 31, 2012
$
 
                
Revenue  –   1,150   –   1,150   1,150 
                     
Operating Expenses                    
                     
Amortization  –   –   –   78   135 
General and administrative  12,840   1,520   28,315   7,291   43,889 
Transfer agent and filing fees  5,144   –   7,917   –   12,081 
                     
Total Operating Expenses  17,984   1,520   36,232   7,369   56,105 
                     
Loss from operations  (17,984)  (370)  (36,232)  (6,219)  (54,955)
                     
Other expense                    
                     
Loss on sale of fixed assets  –   –   –   –   (442)
                     
Net Loss  (17,984)  (370)  (36,232)  (6,219)  (55,397)
 
Net Loss per Share – Basic and Diluted
  –   –   –   –     
                     
Weighted Average Shares Outstanding – Basic and Diluted  156,000,000   120,000,000   156,000,000   120,000,000     

(The accompanying notes are an integral part of these financial statements)
6
STEVIA NUTRA CORP.
(formerly AAA Best Car Rental Inc.)
(A Development Stage Company)
Statements of Cashflows
(unaudited)

  
 
For the Six
Months Ended
January 31, 2012
$
  
 
For the Six
Months Ended
January 31, 2011
$
  
Accumulated from
April 30, 2010
(date of inception) to
January 31,
2012
$
 
          
Operating Activities         
          
Net loss for the period  (36,232)  (6,219)  (55,397)
             
Depreciation expense  –   78   135 
Loss on sale of fixed assets  –   –   442 
             
Changes in operating assets and liabilities:            
             
Bank indebtedness  40   –   40 
Prepaid expenses  5,000   –   (836)
Accounts payable and accrued liabilities  11,338   –   11,576 
             
Net Cash Used In Operating Activities  (19,854)  (6,141)  (44,040)
             
Investing Activities            
             
Purchase of fixed assets  –   (1,177)  (1,177)
Sale of fixed assets  –   –   600 
             
Net Cash Used In Investing Activities  –   (1,177)  (577)
             
Financing Activities
 
            
             
Proceeds from related party  12,500   –   13,617 
Repayment to related party  (1,000)  –   (1,000)
Proceeds from issuance of common shares  –   –   32,000 
             
Net Cash Provided by Financing Activities  11,500   –   44,617 
             
Decrease in Cash  (8,354)  (7,318)  – 
             
Cash – Beginning of Period  8,354   7,985   – 
             
Cash – End of Period  –   667   – 
             
             
Supplemental Disclosures            
             
Interest paid  –   –   – 
Income tax paid  –   –   – 
             
Non-cash investing and financing activities            
             
Forgiveness of related party debt  12,617   –   12,617 
             
(The accompanying notes are an integral part of these financial statements)
7
Stevia Nutra Corp.
(formerly AAA Best Car Rental Inc.)
(A Development Stage Company)
Notes to the Financial Statements
(Expressed in US dollars)
(unaudited)

1.     Nature of Operations and Continuance of Business
Stevia Nutra Corp. (the “Company”) was foundedincorporated in the State of Nevada on April 30, 2010. The Company intends to provide car rental service.2010 as AAA Best Car Rental Inc. The Company is in thea development stage company, as defined under Statement onby Financial Accounting Standards Board (“FASB”) Accounting Standards Codification FASB ASC 915-205 "Development-Stage(“ASC”) 915, Development Stage Entities.”  Since inception through October 31, 2011,
On January 4, 2012, the Company has generated $1,150 in revenueunderwent a change of control where the former President and has accumulated lossesDirector of $37,413.


NOTE 2 - GOING CONCERN


Thethe Company sold 120,000,000 post-split common shares to a company controlled by the current President and Director of the Company.  In addition to the private sale of common shares, the Company and its Board of Directors changed its name to Stevia Nutra Corp. and changed its principal operations from the business of car rental to focusing on the business of cultivation, development and post-harvest processing of Stevia plants for use as a sweetener.

Going Concern
These financial statements have been prepared on a going concern basis, which assumesimplies that the Company will be ablecontinue to realize its assets and discharge its liabilities in the normal course of business forbusiness. As of January 31, 2012, the foreseeable future.  The Company has incurred losses since inception resulting innot recognized any revenue, and has an accumulated deficit of $37,413$55,397. The continuation of the Company as of October 31, 2011a going concern is dependent upon the continued financial support from its management, and further losses are anticipated inits ability to identify future investment opportunities and obtain the development of its business raisingnecessary debt or equity financing, and generating profitable operations from the Company’s future operations. These factors raise substantial doubt aboutregarding the Company’s ability to continue as a going concern.  The abilityThese financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with existing cash on hand and loans from directors and/or private placementconcern.

2.     Summary of common stock.  These financials do not include any adjustments relating to the recoverability and reclassification of recorded asset amounts, or amounts and classifications of liabilities that might result from this uncertainty.


NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES


Basis of Presentation

Significant Accounting Policies

a)  Basis of Presentation
The financial statements of the Company have been prepared in accordance with accounting principles generally accepted accounting principles in the United States of America(“US GAAP”) and are presentedexpressed in USU.S. dollars.

Cash and Cash equivalents

For purposes of Statement of Cash Flows the Company considers all highly liquid debt instruments purchased with a maturity date of three months or less to be cash equivalents.

Development Stage Company

The CompanyCompany’s fiscal year end is considered a development stage company, having limited operating revenues during the period presented, as defined by Accounting Standards Codification ASC 915-205 “Development-Stage Entities”.  ASC 915-205 requires companies to report their operations, shareholders equity and cash flows since inception through the date that revenues are generated from management’s intended operations, among other things.   

Use of Estimates and Assumptions

July 31.

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



7 |Page




AAA BEST CAR RENTAL INC

(A DEVELOPMENT STAGE COMPANY)

NOTES TO THE FINANCIAL STATEMENTS

October 31, 2011 (unaudited)


Foreign Currency Translation

The Company's functional currencyCompany regularly evaluates estimates and its reporting currency is the United States dollar.


Fair Value of Financial Instruments

Pursuant to ASC 820, Fair Value Measurements and Disclosures and ASC 825, Financial Instruments, an entity is required to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 and 825 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significantassumptions related to the fair value measurement. ASC 820 and 825 prioritizes the inputs into three levels that may be used to measure fair value:


Level 1

Applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.


Level 2

Applies to assets or liabilities for which there are inputs other than quoted prices that are observable for thedeferred income tax asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.


Level 3

Applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.


The Company’s financial instruments consist principally of cash, accounts payable and amounts due to related parties. Pursuant to ASC 820 and 825, the fair value of our cash is determined based on “Level 1” inputs, which consist of quoted prices in active markets for identical assets. We believe that the recorded values of all of our other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations.


Income Taxes

allowances. The Company providesbases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for income taxes under ASC 740, Accounting for Income Taxes. ASC 740 requiresmaking judgments about the use of an asset and liability approach in accounting for income taxes. Deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax basescarrying values of assets and liabilities and the tax ratesaccrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.

8
Stevia Nutra Corp.
(formerly AAA Best Car Rental Inc.)
(A Development Stage Company)
Notes to the Financial Statements
(Expressed in effect when these differences are expected to reverse. 


ASC 740 requires the reductionUS dollars)

(unaudited)
2.      Summary of deferred tax assets by a valuation allowance if, basedSignificant Accounting Policies (continued)
c)  Interim Financial Statements
These interim unaudited financial statements have been prepared on the weightsame basis as the annual financial statements and in the opinion of available evidence, it is more likely thanmanagement, reflect all adjustments, which include only normal recurring adjustments, necessary to present fairly the Company’s financial position, results of operations and cash flows for the periods shown. The results of operations for such periods are not that some or allnecessarily indicative of the deferred tax assets will not be realized. 


results expected for a full year or for any future period.

d)  Cash and cash equivalents
The Company has $37,413considers all highly liquid instruments with a maturity of net operating losses carried forwardthree months or less at the time of issuance to offset taxable income in future years which expire commencing in fiscal 2031.



8 |Page



AAA BEST CAR RENTAL INC

(A DEVELOPMENT STAGE COMPANY)

NOTES TO THE FINANCIAL STATEMENTS

October 31, 2011 (unaudited)


Basic and Diluted Loss Per Share

be cash equivalents.

e)  Basic and Diluted Net Loss per Share
The Company computes net loss per share in accordance with ASC 260, Earnings per Share.Share. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti dilutive.
f)  Financial Instruments
Pursuant to ASC 820, Fair Value Measurements and Disclosures, an entity is required to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 prioritizes the inputs into three levels that may be used to measure fair value:
Level 1
Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.
Level 2
Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.
9
Stevia Nutra Corp.
(formerly AAA Best Car Rental Inc.)
(A Development Stage Company)
Notes to the Financial Statements
(Expressed in US dollars)
(unaudited)
2.     Summary of Significant Accounting Policies (continued)
f)  Financial Instruments (continued)
Level 3
Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.
The Company’s financial instruments consist principally of cash, bank indebtedness, accounts payable and accrued liabilities, and amounts due to related parties. Pursuant to ASC 820, the fair value of our cash is determined based on “Level 1” inputs, which consist of quoted prices in active markets for identical assets. We believe that the recorded values of all of our other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations.
g)  Comprehensive Loss
ASC 220, Comprehensive Income, establishes standards for the reporting and display of comprehensive loss and its components in the financial statements. As at Octoberof January 31, 2012 and July 31, 2011, the Company hadhas no potentially dilutive shares.


Long-Lived Assets

The Companyitems that represent a comprehensive loss and, therefore, has adopted Accounting Standards Codification No. 360 (“ASC-360”). The Statement requires that long-lived assets and certain identifiable intangibles held and used by the Company be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amountnot included a schedule of an asset may not be recoverable. Events relating to recoverability may include significant unfavorable changes in business conditions, recurring losses, or a forecasted inability to achieve break-even operating results over an extended period. The Company evaluates the recoverability of long-lived assets based upon forecasted undiscounted cash flows. Should impairment in value be indicated, the carrying value of intangible assets will be adjusted, based on estimates of future discounted cash flows resulting from the use and ultimate disposition of the asset. ASC-360 also requires assets to be disposed of be reported at the lower of the carrying amount or the fair value less costs to sell.


Stock-based Compensation

The Company records stock based compensation in accordance with the guidance in ASC Topic 718 which requires the Company to recognize expenses related to the fair value of its employee stock option awards. This eliminates accounting for share-based compensation transactions using the intrinsic value and requires instead that such transactions be accounted for using a fair-value-based method. The Company recognizes the cost of all share-based awards on a graded vesting basis over the vesting period of the award.


Revenue Recognition

The Company will recognize revenue in accordance with Accounting Standards Codification No. 605, REVENUE RECOGNITION ("ASC-605"), ASC-605 requires that four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management's judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided forcomprehensive loss in the same period the related sales are recorded. The Company will defer any revenue for which the product has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required.


Advertising

The Company follows the policy of charging the costs of advertising to expenses incurred. The Company incurred $0 in advertising costs during the period ended October 31, 2011.





9 |Page



AAA BEST CAR RENTAL INC

(A DEVELOPMENT STAGE COMPANY)

NOTES TO THE FINANCIAL STATEMENTS

October 31, 2011 (unaudited)

Recent accounting pronouncements

In June 2011, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2011-05, “Comprehensive Income (Topic 220): Presentation of Comprehensive Income”, which is effective for annual reporting periods beginning after December 15, 2011. ASU 2011-05 will become effective for the Company on January 1, 2012. This guidance eliminates the option to present the components of other comprehensive income as part of the statement of changes in stockholders’ equity. In addition, items of other comprehensive income that are reclassified to profit or loss are required to be presented separately on the face of the financial statements. This guidance is intended to increase the prominence of other comprehensive income in financial statements by requiring that such amounts be presented either in a single continuous statement of income and comprehensive income or separately in consecutive statements of income and comprehensive income. The adoption of ASU 2011-05 is not expected to have a material impact on our financial position or results of operations.


In May 2011, the FASB issued ASU 2011-04, “Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs”, which is effective for annual reporting periods beginning after December 15, 2011. This guidance amends certain accounting and disclosure requirements related to fair value measurements. Additional disclosure requirements in the update include: (1) for Level 3 fair value measurements, quantitative information about unobservable inputs used, a description of the valuation processes used by the entity, and a qualitative discussion about the sensitivity of the measurements to changes in the unobservable inputs; (2) for an entity’s use of a nonfinancial asset that is different from the asset’s highest and best use, the reason for the difference; (3) for financial instruments not measured at fair value but for which disclosure of fair value is required, the fair value hierarchy level in which the fair value measurements were determined; and (4) the disclosure of all transfers between Level 1 and Level 2 of the fair value hierarchy. ASU 2011-04 will become effective for the Company on January 1, 2012. The Company does not expect that the guidance effective in future periods will have a material impact on its financial statements.


In April 2011, the FASB issued ASU 2011-02, “Receivables (Topic 310): A Creditor’s Determination of Whether a Restructuring is a Troubled Debt Restructuring”. This amendment explains which modifications constitute troubled debt restructurings (“TDR”). Under the new guidance, the definition of a troubled debt restructuring remains essentially unchanged, and for a loan modification to be considered a TDR, certain basic criteria must still be met. For public companies, the new guidance is effective for interim and annual periods beginning on or after June 15, 2011, and applies retrospectively to restructuring occurring on or after the beginning of the fiscal year of adoption. The Company does not expect that the guidance effective in future periods will have a material impact on its financial statements.


In January 2010, the FASB issued an amendment to ASC 820, Fair Value Measurements and Disclosure, to require reporting entities to separately disclose the amounts and business rationale for significant transfers in and out of Level 1 and Level 2 fair value measurements and separately present information regarding purchase, sale, issuance, and settlement of Level 3 fair value measures on a gross basis. This standard, for which the Company is currently assessing the impact, is effective for interim and annual reporting periods beginning after December 15, 2009 with the exception of disclosures regarding the purchase, sale, issuance, and settlement of Level 3 fair value measures which are effective for fiscal years beginning after December 15, 2010. The adoption of this standard is not expected to have a significant impact on the Company’s financial statements.


h)Recent Accounting Pronouncements
The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.


NOTE 4 - COMMON STOCK


The

3.     Common Stock
On January 11, 2012, the Company increased the authorized capitalnumber of common shares from 75,000,000 common shares to 200,000,000 common shares and effected a forward split of the Company is 75,000,000Company’s issued and outstanding shares on a basis of 15 for 1. Upon effect of the forward split, the Company’s issued and outstanding shares of common stock increased from 10,400,000 to 156,000,000 shares of common stock, with a par value of $ 0.001 per share.

On July 16, 2010,$0.001, and has been applied on a retroactive basis.

4.     Related Party Transactions
As at January 31, 2012, the Company issued 8,000,000 sharesowed $nil (2011 - $1,117) to the former President and Director of common stock at a price of $0.001 per share, to its sole Director, for total cash proceeds of $8,000.


In April and May 2011, the Company issued 2,400,000 shares of common stock at a price of $0.01 per share, for total cash proceeds of $24,000.


During the period Inception (April 30, 2010) to July 31, 2011, the Company sold a total of 10,400,000 shares of common stock for total cash proceeds of $32,000.


NOTE 5 – DUE TO RELATED PARTY


As of October 31, 2011 the loan due to Director is $12,617 ($1,117 at July 31, 2011) to the Company.  The amount owing is due on demand,unsecured, non-interest bearing, and unsecured.  



NOTE 6- ASSETS


due on demand.  On October 2nd, 2010January 4, 2012, the former President and Director of the Company purchased a car for $1,177.  On June 29, 2011provided the Company soldwith a car for $600.  The lossrelease from any liabilities owed, resulting in a gain on salethe forgiveness of fixed assets was $442 duethe loan of $12,617 which has been applied against additional paid-in capital.

10

Stevia Nutra Corp.
(formerly AAA Best Car Rental Inc.)
(A Development Stage Company)
Notes to the sale price being lower thanFinancial Statements
(Expressed in US dollars)
(unaudited)
5.     Commitments
On January 23, 2012, the purchase price.



NOTE 7- SUBSEQUENT EVENTS


There were no events subsequent toCompany entered into a consulting agreement with a non-related party for services as the three months ended October 31, 2011 that would warrant further disclosures.



10 |Page




FORWARD LOOKING STATEMENTS


Statements made in this Form 10-Q that are not historical or current facts are "forward-looking statements" made pursuant to the safe harbor provisions of Section 27AChief Agronomy Officer of the Securities Act of 1933 (the "Act") and Section 21ECompany. Under the terms of the Securities Exchange Actagreement, the Company will pay $5,416.67 per month, with an annual increase of 1934. These statements often can be identified by the use of terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as$853.33 per month and issue 2,500,000 common shares of the date made. Any forward-looking statements represent management's best judgment as to what may occur inCompany payable at the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond our control that could cause actual results andrate of 500,000 common shares per annum over a period of five years commencing March 5, 2012.


6.     Subsequent Events
We have evaluated subsequent events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances afterthrough the date of such statement or to reflectissuance of the occurrencefinancial statements, and did not have any material recognizable subsequent events after January 31, 2012 with the exception of anticipated or unanticipated events.

the following:
a)  On March 9, 2012, our wholly-owned subsidiary, Mighty Mekong Agro Industries Co., Ltd., entered into and closed a Lease Agreement with Sara Ramany, a resident of Cambodia, for the lease of 20 hectares of land in the Kampong Speu Province of the Kingdom of Cambodia.  The land is intended to be used in agricultural production, and more specifically in the cultivation and propagation of Stevia plants.
b)  On March 9, 2012, the President and Director of the Company returned 80,000,000 common shares to Treasury, and were effectively cancelled.
c)  On March 5, 2012, the Company issued 500,000 common shares for consulting services as noted in Note 5.

11



ITEM

Item 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION


Management's Discussion and Analysis of Financial Condition and Results of Operations

FORWARD LOOKING STATEMENTS
This quarterly report contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.
Our unaudited financial statements are stated in United States Dollars (US$) and are prepared in accordance with United States Generally Accepted Accounting Principles. The following discussion should be read in conjunction with our financial statements and the related notes that appear elsewhere in this quarterly report. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed below and elsewhere in this quarterly report.
In this quarterly report, unless otherwise specified, all dollar amounts are expressed in United States dollars. All references to "US$" refer to United States dollars and all references to "common stock" refer to the common shares in our capital stock.
As used in this quarterly report, the terms “we”, “us”, “our” and “our company” mean Stevia Nutra Corp., unless otherwise indicated.
GENERAL


OVERVIEW

AAA Best Car Rental Inc. was incorporated in Nevada on April 30, 2010.We planplanned to offer discounted car rental services. services, by acquiring late model vehicles from used car auctions.  On January 4, 2012 we underwent a change of control and a change in management through the purchase of 8,000,000 pre-split shares of our stock by Atlantic and Pacific Communications Inc., from our former director and officer, Suresh Gupta.  On January 11, 2012 we received approval from our board of directors, and Atlantic and Pacific Communications Inc., our majority shareholder, to effect a change of name to Stevia Nutra Corp., an increase in our authorized capital to 200,000,000 shares of common stock and a forward split of our currently issued and outstanding shares on a 1 old for 15 new basis.  On January 25, 2012, we filed a certificate of amendment to change our name to Stevia Nutra Corp., with the Secretary of State of Nevada.  We will offermaintain our business offices at 37 Bannisters Road, Corner Brook, Newfoundland, Canada, A2H 1M5, and our telephone number is (709) 660-3056.
OUR CURRENT BUSINESS
As our company was unable to secure the financing required to continue with the car rental business, on January 4, 2012, in conjunction with the change in control, we changed our business focus the business of cultivation, development and post harvest processing of Stevia plants for use as a sweetener.  On March 9, 2012 our wholly owned subsidiary, Mighty Mekong Agro Industries Co., Ltd., entered into and closed a Lease Agreement with Sara Ramany, a resident of Cambodia for the lease of 20 hectares of land in the Kampong Speu Province of the Kingdom of Cambodia.  The land is intended to be used domestic carsin agricultural production, and more specifically in the cultivation and propagation of Stevia plants.
12
Our initial plan of operations is to organize an operational team on the ground in Cambodia, open an administration office, construct a Stevia propagation center and construct greenhouses and a nursery. Following these developments, we anticipate propagating more than 1,000,000 seedlings ready for rent to our clients such as - Ford Taurus, Ford Focus , Buick Le Sabre , Chrysler Sebring, Chevrolet Impala, Chevrolet Lumina , Chevrolet Malibu, Chrysler Neon. Also we are planning to have domestic minivans such as Dodge Caravan, Plymouth Voyager. The carsplantation and minivans will be in rangeinstall approximately ten hectares of 8-10 years old with 80.000-100.000 mileage. The vehicles will be purchased at wholesale auctions at price range of $2,000-$3,000.  Our sole officerStevia plants.
RESULTS OF OPERATIONS

Working Capital

   
January 31,
2012
  
July 31,
2011
 
   $  $ 
Current Assets  836   14,190 
Current Liabilities  11,616   1,355 
Working Capital (Deficit)  (10,780)  12,835 
Cash Flows

   
Six months ended
January 31,
2012
$
  
Six months ended
January 31,
2011
$
 
       
Cash Flows from (used in) Operating Activities  (19,854)  (6,141)
Cash Flows from (used in) Investing Activities  -   (1,177)
Cash Flows from (used in) Financing Activities  11,500   - 
Net Increase (decrease) in Cash During Period  (8,354)  (7,318)

Operating Revenues

During the three and director expects to devote approximately twenty hours per week to us on going forward basis. Our revenue source will be from renting our cars to potential customer and from reselling insurance.

Since inception through Octobersix months ended January 31, 2011,2012, the Company has generateddid not have any operating revenues compared with $1,150 inof revenue and has accumulated losses of $37,413.



CLIENTS

We will service clients who don’t have good credit history and sufficient down payment to qualify for financing to purchase their own car and can’t afford high rates of conventional car rental companies. We plan to obtain our clients from referrals from local body shops, car towing companies and car insurance companies. Body shops will refer clients to us while their car is being worked on in the shop. Car towing companies will refer clients to us whose car is being towed due to being unoperatable. Insurance companies can refer clients to us when they need to provide a replacement vehicle to their clients after an accident.


REFERRAL CONTRACTS/VERBAL AGREEMENTS

Our goal is to form relationship with local body shops, insurance companies, and with other rental companies. Relationships with other rental companies are helpful in case we run out of rental cars, we can refer our clients to them and vice versa—result is good customer service and getting additional referrals.  

We have executed Car Rental Referral Agreement with following auto body repair shops:

       1) OCUA Auto of Paterson NJ .

       2) D&B Auto Repair of Paterson NJ.




11 |Page



We also have verbal agreements with following companies:

1. S & Sam auto body shop of Lodi, NJ;  whereby the body shop will refer its customers to us in return of 10% referral fee commission.

2. M& S Towing of Saylorsburg, PA; whereby the company will tow our disabled car to our location in Paterson on $30/hour basis.

3. GPS Services of LANDAIRSEA of Woodstock, IL whereby the company has agreed to sell us GPS devices for our vehicles.



Results of Operation


Our financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation.

We expect we will require additional capital to meet our long term operating requirements. We expect to raise additional capital through, among other things, the sale of equity or debt securities.


Three Month Period Ended October 31, 2011 Compared to Three Month Period Ended October 31, 2010.


Our net loss for the three month periodand six months ended OctoberJanuary 31, 2011.


Operating Expenses and Net Loss

Three months ended January 31, 2012 and 2011
Operating expenses for the three months ended January 31, 2012 was $18,248$17,984 compared with $1,520 for the three months ended January 31, 2011. The increase in operating expenses was attributed to an increase of $11,320 in general and administrative costs relating to management fees and professional fees incurred with respect to the private sale of common shares, change in management, and standard SEC filing requirements and $5,144 in transfer agent fees.

Six months ended January 31, 2012 and 2011
Operating expenses for the six months ended January 31, 2012 was $36,232 compared with $7,369 for the six months ended January 31, 2011. The increase in operating expenses was attributed to an increase of $21,024 in general and administrative costs relating to management fees and professional fees incurred with respect to the private sale of common shares, change in management, and standard SEC filing requirements, and $7,917 in transfer agent fees.
13

As at January 31, 2012, the Company had a net loss of $5,848 for the three month period ended October$36,232 or $nil per share compared with a net loss of $6,219 or $nil per share as at January 31, 2010. During the three month periods ended October 31, 2011 and 2010 we have not generated any revenue.

2011.


During the three month period ended October 31, 2011, we incurred general and administrative expenses $15,475 compared to $5,848 incurred for the three month period ended October 31, 2010. General and administrative fee expenses incurred during the three month periods ended October 31, 2011 and 2010 were generally related to corporate overhead, financial and administrative contracted services.


The weighted average number of shares outstanding was 10,400,000 and 8,000,000 for the three month period ended October 31, 2011 and 2010 respectively.



Liquidity and Capital Resources


Three Month Period Ended October 31, 2011  


As at OctoberJanuary 31, 2011, our2012, the Company cash and total assets were $7,204of $836 compared towith a cash balance of $8,354 and total assets of $14,190 in total assetsas at July 31, 2011.  TotalThe decrease in cash is attributed to the fact that the Company utilized cash for operating expenditures and received only $11,000 of new financing from a related party.  The decrease in total assets were comprised of $3,868is attributed to the decrease in cash and $3,336the decrease in prepaid expenses. expenses of $5,000 for amounts that were expensed as incurred during the year.

As at OctoberJanuary 31, 2011, our current2012, the Company had total liabilities were $12,617. Currentof $11,616 compared with total liabilities were comprised of $12,617$1,355 as at July 31, 2011.  The increase in loan from director.

Stockholders’total liabilities was attributed to an increase in accounts payable of $11,338 due to unpaid expenditures incurred during the year as the Company did not have sufficient cash flow to repay outstanding obligations, and the increase was offset by a decrease in amounts owing to related parties of $1,117 due to settlement of outstanding amounts owing to the former President and Director of the Company.


As at January 31, 2012, the Company had a working capital deficit was $5,413 as of October 31, 2011 compare to stockholders' equity$10,780 compared with a working capital surplus of $12,835 as of Julyat January 31, 2011.  

The increase in working capital deficit was due to the use of cash for operating activity that was not replaced by any new financing activity during the year.


Cash Flows

During the period ended January 31, 2012, the Company did not issue any new common shares or cancelled any existing common shares.

Cashflow from Operating Activities


We have not generated positive cash flows from operating activities. For

During the three month period ended OctoberJanuary 31, 2011, net2012, the Company used cash flows used inof $19,854 for operating activities was $15,986. Netas compared to use of $6,141 during the period ended January 31, 2011.  The increase in cash flows used infor operating activities during the year was $5,848 fordue to payment of outstanding day-to-day obligations incurred by the three monthCompany during the year.
Cashflow from Investing Activities

During the period ended OctoberJanuary 31, 2010.


Cash Flows from Investing Activities


For the three month period ended October 31, 2011,2012, the Company has not generated any cash flows from investing activities.



12 |Page



Cash Flows from Financing Activities

We have financed our operations primarily from either advancements or the issuance of equity and debt instruments. For the three month period ended October 31, 2011, Net cash provided by financing activities was $11,500 received from Director's loan. For the period from inception (April 30, 2010) to October 31, 2011, net cash provided by financing activities was $44,617 received from proceeds from issuance of common stock and loan from director.


Plan of Operation and Funding


We expect that working capital requirements will continue to be funded through a combination of our existing funds and further issuances of securities. Our working capital requirements are expected to increase in line with the growth of our business.


Existing working capital, further advances and debt instruments, and anticipated cash flow are expected to be adequate to fund our operations over the next three months. We have no lines of credit or other bank financing arrangements. Generally, we have financed operations to date through the proceeds of the private placement of equity and debt instruments. In connection with our business plan, management anticipates additional increases in operating expenses and capital expenditures relating to: (i) acquisition of inventory; (ii) developmental expenses associated with a start-up business; and (iii) marketing expenses. We intend to finance these expenses with further issuances of securities, and debt issuances. Thereafter, we expect we will need to raise additional capital and generate revenues to meet long-term operating requirements. Additional issuances of equity or convertible debt securities will result in dilution to our current shareholders. Further, such securities might have rights, preferences or privileges senior to our common stock. Additional financing may not be available upon acceptable terms, or at all. If adequate funds are not available or are not available on acceptable terms, we may not be able to take advantage of prospective new business endeavors or opportunities, which could significantly and materially restrict our business operations. We will have to raise additional funds in the next twelve months in order to sustain and expand our operations. We currently do not have a specific plan of how we will obtain such funding; however, we anticipate that additional funding will be in the form of equity financing from the sale of our common stock. We have and will continue to seek to obtain short-term loans from our directors, although no future arrangement for additional loans has been made. We dodid not have any agreementsinvesting activities compared with our directors concerning these loans. We do not have any arrangements in place for any future equity financing.


Off-Balance Sheet Arrangements


Asthe use of $1,177 during the date of this Quarterly Report, we do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.


Going Concern


The independent auditors' review report accompanying our Julyperiod ended January 31, 2011 financial statements contained an explanatory paragraph expressing substantial doubt about our abilityrelating to continue asthe purchase of fixed assets.


Cashflow from Financing Activities

During the period ended January 31, 2012, the Company received proceeds of $11,500 compared with $nil for the period ended January 31, 2011.  The proceeds received included $11,000 in financing from a going concern. The financial statements have been prepared "assumingrelated party.
Item 3.  Quantitative and Qualitative Disclosures About Market Risk
As a “smaller reporting company”, we are not required to provide the information required by this Item.
Item 4.  Controls and Procedures
Management’s Report on Disclosure Controls and Procedures
We maintain disclosure controls and procedures that we will continue as a going concern," which contemplates that we will realize our assets and satisfy our liabilities and commitments in the ordinary course of business.



13 |Page






ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.


No report required.



ITEM 4. CONTROLS AND PROCEDURES


Our management is responsible for establishing and maintaining a system of disclosurecontrols andprocedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) that isare designed to ensure that information required to be disclosed by us in theour reports that we file or submitfiled under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported within the time periods specified in the Commission’sSEC's rules and forms. Disclosurecontrolsforms, andprocedures include, without limitation,controls andprocedures designed to ensure that such information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer’sour management, including itsour president (our principal executive officer, or officers and principal financial officer or officers, or persons performing similar functions, as appropriateand principal accounting officer) to allow for timely decisions regarding required disclosure.


An

14
As the end of the quarter covered by this report, we carried out an evaluation, was conducted under the supervision and with the participation of our managementpresident (our principal executive officer, principal financial officer and principal accounting officer), of the effectiveness of the design and operation of our disclosure controls and procedures as of October 31, 2011.procedures. Based on that evaluation,the foregoing, our managementpresident (our principal executive officer, principal financial officer and principal accounting officer) concluded that our disclosure controls and procedures were not effective in providing reasonable assurance in the reliability of our reports as of such date to ensure that information required to be disclosedthe end of the period covered by this quarterly report.
Changes in Internal Control over Financial Reporting
During the reports that we file or submit under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms. Such officer also confirmed thatperiod covered by this report there waswere no changechanges in our internal control over financial reporting during the three-month period ended October 31, 2011 that has materially affected, or isare reasonably likely to materially affect, our internal control over financial reporting.




14 |Page





PART II.II – OTHER INFORMATION



ITEMItem 1.  LEGAL PROCEEDINGS


ManagementLegal Proceedings

We know of no material, active or pending legal proceedings against our company, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which any of our directors, officers or affiliates, or any registered or beneficial shareholder, is an adverse party or has a material interest adverse to our interest.
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
On January 4, 2012, Suresh Gupta resigned as president, secretary, treasurer and director of our company.  Mr. Gupta’s resignation was not awarethe result of any legal proceedings contemplated by any governmental authoritydisagreements with our company regarding our operations, policies, practices or any other party involving usotherwise.
Concurrently with Mr. Gupta’s resignation, we appointed Brian W. Dicks as president, secretary, treasurer and director of our company to fill the ensuing vacancy, effective January 4, 2012.
15
Item 6.  Exhibits
Exhibit No.Document
(3)Articles of Incorporation and Bylaws
3.1Articles of Incorporation (incorporated by reference to our Registration Statement on Form S-1 filed on October 26, 2010)
3.2Bylaws (incorporated by reference to our Registration Statement on Form S-1 filed on October 26, 2010)
3.3Certificate of Amendment (incorporated by reference to our Registration Statement on Form S-1 filed on October 26, 2010)
3.4Certificate of Amendment (incorporated by reference to our Current Report on Form 8-K filed on January 30, 2012)
(10)Material Contracts
10.1Share Purchase Exchange Agreement between our company, Suresh Gupta and Atlantic and Pacific Communications Inc. dated January 4, 2012 (incorporated by reference to our Current Report on Form 8-K filed on January 12, 2012)
10.2Release of Suresh Gupta dated January 4, 2012 (incorporated by reference to our Current Report on Form 8-K filed on January 12, 2012)
10.3Consulting Agreement between our company and Dr. Ahmed Attia El Sheikh dated January 23, 2012 (incorporated by reference to our Current Report on Form 8-K filed on January 26, 2012)
10.4Lease Agreement, dated March 9, 2012 (incorporated by reference to our Current Report on Form 8-K filed on March 13, 2012)
(31)Rule 13a-14(a) / 15d-14(a) Certifications
31.1*Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of the Principal Executive Officer Principal Financial Officer and Principal Accounting Officer
(32)Section 1350 Certifications
32.1*Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 of the Principal Executive Officer Principal Financial Officer and Principal Accounting Officer
101**
Interactive Data Files
101.INSXBRL Instance Document
101.SCHXBRL Taxonomy Extension Schema Document
101.CALXBRL Taxonomy Extension Calculation Linkbase Document
101.DEFXBRL Taxonomy Extension Definition Linkbase Document
101.LABXBRL Taxonomy Extension Label Linkbase Document
101.PREXBRL Taxonomy Extension Presentation Linkbase Document
*Filed herewith.
**Furnished herewith. Pursuant to Rule 406T of Regulation S-T, the Interactive Data Files on Exhibit 101 hereto are deemed not filed or part of any registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, are deemed not filed for purposes of Section 18 of the Securities and Exchange Act of 1934, and otherwise are not subject to liability under those sections.
16
SIGNATURES
Pursuant to the requirements of Section 13 or our properties. As15(d) of the date of this Quarterly Report, no director, officer or affiliate is (i) a party adverse to us in any legal proceeding, or (ii) has an adverse interest to us in any legal proceedings. Management is not aware of any other legal proceedings pending or that have been threatened against us or our properties.



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


No report required.


ITEM 3. DEFAULTS UPON SENIOR SECURITIES


No report required.



ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS


No report required.



ITEM 5. OTHER INFORMATION


No report required.




15 |Page



ITEM 6. EXHIBITS


Exhibits:



31.1 Certification of Chief Executive Officer pursuant to Securities Exchange Act of 1934, Rule 13a-14(a) or 15d-14(a).


31.2 Certification of Chief Financial Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a).


32.1 Certifications pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d-14(b) and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002.




SIGNATURES


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


STEVIA NUTRA CORP.

AAA BEST CAR RENTAL INC

(Registrant)

Dated: December 14, 2011

By: /s/ Suresh Gupta

Suresh Gupta,

Date:  March 15, 2012/s/ Brian W. Dicks
Brian W. Dicks
President, Secretary, Treasurer and ChiefDirector
(Principal Executive Officer and ChiefPrincipal Financial Officer

and Principal Accounting Officer)

















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