UNITED STATES
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 MARCH 31, 2009

|_| TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
OF 1934

FOR THE TRANSITION FROM _______ TO ________.

COMMISSION FILE NUMBER: 000-25487

DOMAIN REGISTRATION, CORP.
-----------------------------------------------------------------
(Exact Name of Small Business Issuer as Specified in its Charter)

NEVADA 88-0409159
- ------------------------------- -------------------
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)

New Agriculture Development Park, Daquan Village,
Tonghua County, Jilin Province, P.R. China. 134115 n/a
- -------------------------------------------------- ----------
(Address of principal executive offices) (Zip code)

Issuer's telephone number: 212-519-7418

P.O. Box 031-088, Shennan Zhong Road, Shenzhen City, P.R. China 518031
----------------------------------------------------------------------
Former Address of Principal Executive Offices

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
Yes |X| No |_|

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|
(Do not check if a smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act).
Yes |_| No |X|

At May 15, 2008, the Registrant had outstanding 50,000,000 shares of common
stock.

PART I
FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

DOMAIN REGISTRATION, CORP.

(A Development Stage Enterprise)

FINANCIAL STATEMENTS

MARCH 31, 2009

DOMAIN REGISTRATION, CORP.
(A DEVELOPMENT STAGE ENTERPRISE)

CONTENTS

Balance Sheets F-1

Statements of Operations F-2

Statements of Cash Flows F-3

Notes to Financial Statements F-4

DOMAIN REGISTRATION, CORP.
(A DEVELOPMENT STAGE ENTERPRISE)
BALANCE SHEETS

March 31, December 31,
2009 2008
----------- ------------
(Unaudited)

ASSETS
CURRENT ASSETS
Total Current Assets $ -- $ --
--------- ---------
Total Assets $ -- $ --
========= =========
LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES
Accounts payable $ 37,955 $ 28,455
Officer advances 51,645 51,645
--------- ---------
Total Current Liabilities 89,600 80,100
--------- ---------
STOCKHOLDERS' DEFICIT
Common stock, $.001 par value, 50,000,000 shares authorized,
7,500,000 shares issued and outstanding at December 31, 2008 and 2007 7,500 7,500
Additional paid-in capital 80,568 80,568
Accumulated deficit during development stage (177,668) (168,168)
--------- ---------
Total Stockholders' Deficit (89,600) (80,100)
--------- ---------

Total Liabilities and Stockholders' Deficit $ -- $ --
========= =========

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

DOMAIN REGISTRATION, CORP.
(A DEVELOPMENT STAGE ENTERPRISE)
STATEMENTS OF OPERATIONS
(UNAUDITED)

Three Months Ended July 10, 1996
March 31, (inception) to
---------------------------------- March 31,
2009 2008 2009
--------------- --------------- ---------------

Revenues $ -- $ -- $ 44

Cost of revenue -- -- --
--------------- --------------- ---------------

Gross profit -- -- 44

General, selling and administrative expenses 9,500 15,180 177,712
--------------- --------------- ---------------

Operating (loss) (9,500) (15,180) (177,668)
--------------- --------------- ---------------

Nonoperating income (expense) -- -- --
--------------- --------------- ---------------

(Loss) before income taxes (9,500) (15,180) (177,668)

Income taxes -- -- --
--------------- --------------- ---------------

Net (loss) $ (9,500) $ (15,180) $ (177,668)
=============== =============== ===============

Net (loss) per share, basic and diluted $ (0.00) $ (0.00)
=============== ===============

Weighted average common shares outstanding,
basic and diluted 7,500,000 7,500,000
=============== ===============

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

DOMAIN REGISTRATION, CORP.
(A DEVELOPMENT STAGE ENTERPRISE)
STATEMENTS OF CASH FLOWS
(UNAUDITED)

Three Months Ended July 10, 1996
March 31, (inception) to
---------------------- March 31,
2009 2008 2009
--------- --------- ---------

CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss) $ (9,500) $ (15,180) $(177,668)
Adjustments to reconcile net (loss) to net cash
(used in) operating activities:
Changes in operating assets and liabilities:
Increase (decrease) in prepaid expense -- -- --
Increase (decrease) in accounts payable 9,500 5,000 37,955
--------- --------- ---------
Net cash provided by (used in) operating activities -- (10,180) (139,713)
--------- --------- ---------

CASH FLOWS FROM INVESTING ACTIVITIES -- -- --

CASH FLOWS FROM FINANCING ACTIVITIES
Issuance of common stock -- -- 7,500
Proceeds from capital contribution -- -- 80,568
Increase (decrease) in officer advances -- 10,180 51,645
--------- --------- ---------
Net cash provided by (used in) financing activities -- 10,180 139,713
--------- --------- ---------

Net increase (decrease) in cash -- -- --

Cash, beginning of period -- -- --
--------- --------- ---------

Cash, end of period $ -- $ -- $ --
========= ========= =========

SUPPLEMENTAL DISCLOSURES:
Interest payments $ -- $ -- $ --
========= ========= =========
Income tax payments $ -- $ -- $ --
========= ========= =========

SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Capital contribution from prior period officer advances $ -- $ -- $ 76,550

The accompanying notes are an integral part of these financial statements

DOMAIN REGISTRATION, CORP.
(A DEVELOPMENT STAGE ENTERPRISE)
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 2009

NOTE 1 - NATURE OF THE BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES

NATURE OF BUSINESS:

Domain Registration, Corp. ("Company") was organized on July 31, 2001 under the
laws of the State of Nevada. Bahamas Enterprises, Inc., the accounting
predecessor to the Company was organized under the laws of the State of Nevada
on July 10, 1996. The Company currently has limited operations and, in
accordance with Statement of Financial Accounting Standard (SFAS) No. 7,
"ACCOUNTING AND REPORTING BY DEVELOPMENT STAGE ENTERPRISES," is considered a
Development Stage Enterprise.

ESTIMATES

The preparation of financial statements in conformity with generally accepted
accounting principles 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.

CASH

For the Statements of Cash Flows, all highly liquid investments with maturity of
three months or less are considered to be cash equivalents. There were no cash
equivalents as of March 31, 2009 and December 31, 2008.

INCOME TAXES

Income taxes are provided for using the liability method of accounting in
accordance with SFAS No. 109 "ACCOUNTING FOR INCOME TAXES." A deferred tax asset
or liability is recorded for all temporary differences between financial and tax
reporting. Temporary differences are the differences between the reported
amounts of assets and liabilities and their tax basis. Deferred tax assets are
reduced by a valuation allowance when, in the opinion of management, it is more
likely than not that some portion or all of the deferred tax assets will not be
realized. Deferred tax assets and liabilities are adjusted for the effect of
changes in tax laws and rates on the date of enactment.

REVENUE RECOGNITION

Revenues are recognized as incurred. Anticipated revenues will be from the
registration of domain names through the website domain registration agreement
with Verio, Inc. As of March 31, 2009, the Company had one registered domain
name through the websites in 2004. Cost of sales is the monthly cost of web
hosting through Verio, Inc. Since the Company has no significant recorded
revenues from registration of domain names, the cost of the websites have been
reclassified as operating expenses.

DOMAIN REGISTRATION, CORP.
(A DEVELOPMENT STAGE ENTERPRISE)
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 2009

NOTE 1 - NATURE OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

RECENT ACCOUNTING PRONOUNCEMENTS

In December 2007, the FASB issued SFAS No. 141R, "Business Combinations" ("SFAS
No. 141R"). SFAS No. 141R amends SFAS 141 and provides revised guidance for
recognizing and measuring identifiable assets and goodwill acquired, liabilities
assumed, and any noncontrolling interest in the acquiree. It also provides
disclosure requirements to enable users of the financial statements to evaluate
the nature and financial effects of the business combination. It is effective
for fiscal years beginning on or after December 15, 2008 and will be applied
prospectively. The impact of the adoption of SFAS 141R on our financial
position, results of operations will largely be dependent on the size and nature
of the business combinations completed after the adoption of this statement.

In December 2007, the FASB issued SFAS No. 160, "Noncontrolling Interests in
Consolidated Financial Statements -- an amendment of ARB No. 51" ("SFAS No.
160"). SFAS No. 160 requires that ownership interests in subsidiaries held by
parties other than the parent, and the amount of consolidated net income, be
clearly identified, labeled, and presented in the consolidated financial
statements. It also requires once a subsidiary is deconsolidated, any retained
noncontrolling equity investment in the former subsidiary be initially measured
at fair value. Sufficient disclosures are required to clearly identify and
distinguish between the interests of the parent and the interests of the
noncontrolling owners. It is effective for fiscal years beginning on or after
December 15, 2008 and requires retroactive adoption of the presentation and
disclosure requirements for existing minority interests. All other requirements
shall be applied prospectively. We do not expect the impact of the adoption of
SFAS 160 to be material.

In March 2008, the FASB issued FASB Statement No. 161, Disclosures about
Derivative Instruments and Hedging Activities. The new standard is intended to
improve financial reporting about derivative instruments and hedging activities
by requiring enhanced disclosures to enable investors to better understand their
effects on an entity's financial position, financial performance, and cash
flows. It is effective for financial statements issued for fiscal years and
interim periods beginning after November 15, 2008, with early application
encouraged. The new standard also improves transparency about the location and
amounts of derivative instruments in an entity's financial statements; how
derivative instruments and related hedged items are accounted for under
Statement 133; and how derivative instruments and related hedged items affect
its financial position, financial performance, and cash flows. We do not expect
the impact of this adoption to be material.

On May 8, 2008, the Financial Accounting Standards Board (FASB) issued Statement
of Financial Accounting Standards (SFAS) No. 162, The Hierarchy of Generally
Accepted Accounting Principles, which will provide framework for selecting
accounting principles to be used in preparing financial statements that are
presented in conformity with U.S. generally accepted accounting principles
(GAAP) for nongovernmental entities. With the issuance of SFAS No. 162, the GAAP
hierarchy for nongovernmental entities will move from auditing literature to
accounting literature. The Company is currently assessing the impact of SFAS No.
162 on its financial position and results of operations.

DOMAIN REGISTRATION, CORP.
(A DEVELOPMENT STAGE ENTERPRISE)
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 2009

NOTE 1 - NATURE OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

GOING CONCERN

The Company's financial statements are prepared in accordance with generally
accepted accounting principles applicable to a going concern. This contemplates
the realization of assets and the liquidation of liabilities in the normal
course of business. Currently, the Company does not have cash or any material
assets, nor does it have operations or a source of revenue sufficient to cover
its operation costs and allow it to continue as a going concern. The Company
will be dependent upon the raising of additional capital through placement of
our common stock in order to implement its business plan, or merge with an
operating company. There can be no assurance that the Company will be successful
in either situation in order to continue as a going concern. The officers and
directors have committed to advancing certain operating costs of the Company.

NOTE 2 - STOCKHOLDERS' EQUITY

COMMON STOCK

The authorized common stock of the accounting predecessor to the Company
consisted of 25,000,000 shares with par value of $0.001. On July 30, 1996, the
accounting predecessor to the Company authorized and issued 21,000 shares of its
no par value common stock in consideration of $2,100 in cash.

On February 2, 1999, the State of Nevada approved Bahamas Enterprises, Inc.'s
restated Articles of Incorporation, which increased its capitalization from
25,000 common shares to 25,000,000 common shares. The no par value was changed
to $0.001 per share. On February 2, 1999, Bahamas Enterprises, Inc.'s
shareholders approved a forward split of its common stock at one hundred shares
for one share of the existing shares. The number of common stock shares
outstanding increased from 21,000 to 2,100,000. Prior period information has
been restated to reflect the stock split

Through the merger with Suzy-Path, Corp. as described in Note 6 to the financial
statements, the accounting predecessor to the Company issued 2,000,000 shares of
common stock for each share outstanding of Suzy-Path, Corp. resulting in
4,100,000 shares outstanding.

Based upon Rule 12g-3(a) of the rules promulgated under the Securities Exchange
Act of 1934, as amended, Domain Registration, Corp. became the surviving entity
for reporting purposes to the Securities and Exchange Commission. Based upon the
terms of the merger agreement, the 4,100,000 issued and outstanding shares of
Suzy-Path, Corp. were automatically converted to the same number of shares in
Domain Registration, Corp. Each of the shareholders of Suzy-Path, Corp.
exchanged his or her stock for the stock of the Company.

Domain Registration, Corp. was organized July 31, 2001 under the laws of the
State of Nevada. The Company authorized 50,000,000 shares of common stock.

On September 27, 2007, the Company's shareholders approved a stock dividend that
is being treated as a stock split of its common stock. The dividend will be nine
shares for each share of the outstanding shares at October 10, 2007. No
fractional shares will be issued. The number of common stock shares outstanding
increased from 4,100,000 to 41,000,000. Prior to November 1, 2007, the
shareholders had surrendered to the Company for cancellation an aggregate of
33,500,000 shares of common stock, resulting in 7,500,000 shares outstanding.
All share and per share information has been retroactively adjusted to reflect
the stock split and subsequent stock cancellation.

DOMAIN REGISTRATION, CORP.
(A DEVELOPMENT STAGE ENTERPRISE)
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 2009

NOTE 2 - STOCKHOLDERS' EQUITY (CONTINUED)

The Company has not authorized any preferred stock.

NET LOSS PER COMMON SHARE

Net loss per share is calculated in accordance with SFAS No. 128, "EARNINGS PER
SHARE." The weighted-average number of common shares outstanding during each
period is used to compute basic loss per share. The calculation of diluted net
loss per share gives effect to common stock equivalents, however, potential
common shares are excluded if their effect is antidilutive.

Basic net loss per common share is based on the weighted average number of
shares of common stock outstanding of 7,500,000 for March 31, 2009 and March 31,
2008. As of March 31, 2009 and since inception, the Company had no dilutive
potential common shares.

NOTE 3 - INCOME TAXES

We did not provide any current or deferred U.S. federal income tax provision or
benefit for any of the periods presented because we have experienced operating
losses since inception. We provided a full valuation allowance on the net
deferred tax asset, consisting of net operating loss carryforwards, because
management has determined that it is more likely than not that we will not earn
income sufficient to realize the deferred tax assets during the carryforward
period.

The components of the Company's deferred tax asset as of March 31, 2009 and
December 31, 2008 are as follows:

March 31, 2009 December 31, 2008
-------------- -----------------

Net operating loss carryforward $ 60,407 $ 57,177
Valuation allowance (60,407) (57,177)
------------- --------------

Net deferred tax asset $ -- $ --
============= ==============

A reconciliation of income taxes computed at the statutory rate to the income
tax amount recorded is as follows:

Three Months Ended
March 31, 2009 March 31, 2008 Since Inception
-------------- -------------- ---------------

Tax at statutory rate (34%) $ -- $ -- $ --
------------ ------------ ------------
Increase in deferred tax assets (3,230) (5,161) (60,407)
Increase in valuation allowance 3,230 5,161 60,407

Income tax expenses $ -- $ -- $ --
============ ============ ============

The net federal operating loss carry forward will expire between 2016 and 2028.
This carry forward may be limited upon the consummation of a business
combination under IRC Section 381.

DOMAIN REGISTRATION, CORP.
(A DEVELOPMENT STAGE ENTERPRISE)
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 2009

NOTE 3 - INCOME TAXES (CONTINUED)

In connection with the acquisition of Suzy-Path, Corp. and Domain Registration,
Corp., the Company acquired certain federal net operating loss carryforwards of
$3,429. If, in the future, the realization of these acquired deferred tax assets
becomes more likely than not, any reduction in the associated valuation
allowance will be allocated to reduce purchased intangibles.

NOTE 4 - RELATED PARTY TRANSACTIONS

The Company does not own or lease any real or personal property. The resident
agent for the corporation provides office services without charge, as an
accommodation to the officers and directors. Such costs are immaterial to the
financial statements and accordingly, have not been reflected therein. The
officers and directors for the Company are involved in other business activities
and may, in the future, become involved in other business opportunities. If a
specific business opportunity becomes available, such persons may face a
conflict in selecting between the Company and their other business interest. The
Company has not formulated a policy for the resolution of such conflicts.

NOTE 5 - WARRANTS AND OPTIONS

There are no warrants or options outstanding to acquire any additional shares of
common stock of the Company.

NOTE 6 - BUSINESS COMBINATIONS

MERGER BETWEEN SUZY-PATH, CORP. AND BAHAMAS ENTERPRISES, INC.

Bahamas Enterprises, Inc. is a reporting company to the Security and Exchange
Commission under the Securities Exchange Act of 1934, as amended. Suzy-Path,
Corp. owned a domain name and maintained a web site for customers to register
domain names and the referral of web hosting services through a contact with
Verio, Inc.

Transactions pursuant to SFAS No. 141, "BUSINESS COMBINATIONS," require the
acquisition of a business entity. Bahamas Enterprises, Inc. was a non-operating
public shell corporation, and therefore, not a business. For reporting purposes,
the transaction is treated as a capital transaction where the acquiring
corporation issued stock for the net monetary assets of the shell corporation,
accompanied by a recapitalization. The accounting is similar in form to a
reverse acquisition, except that goodwill or other intangibles are not recorded.
The combination was recorded as follows:

DOMAIN REGISTRATION, CORP.
(A DEVELOPMENT STAGE ENTERPRISE)
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 2009

NOTE 6 - BUSINESS COMBINATIONS (CONTINUED)

Suzy-Path Corp. Bahamas Enterprises Merged Companies

Cash $ 1,376 $ -- $ 1,376

Prepaid assets 13,050 -- 13,050

Investment in subsidiary 15,000 -- 15,000
------------ ------------ ------------

Total Assets 29,426 -- 29,426
============ ============ ============

Officer payable 15,000 26,588 41,588
Accounts payable 13,500 1,599 15,099
------------ ------------ ------------

Total Liabilities 28,500 28,187 56,687
============ ============ ============

Common Stock 2,000 2,100 4,100
Accumulated deficit (1,074) (30,287) (31,361)
------------ ------------ ------------

Shareholders' equity (deficit) $ 926 $ (28,187) $ (27,261)
============ ============ ============

MERGER BETWEEN DOMAIN REGISTRATION, CORP. AND SUZY-PATH, CORP.

Domain Registration, Corp. was a wholly-owned subsidiary of Suzy-Path, Corp. It
also owned domain names and maintained a web site for customers to register
domain names through a contact with Verio, Inc. The merger resulted in the
direct acquisition of the assets comprising a going business.

Suzy-Path, Corp and Domain Registration reported on a consolidated basis. Domain
Registration, Corp. issued one share of Domain Registration, Corp. stock for
each share of stock in Suzy-Path, Corp. The purpose of the transaction was to
acquire the assets of Suzy-Path, Corp. Domain Registration, Corp. then cancelled
the sole share of ownership held by Suzy-Path, Corp. Domain Registration, Corp.
has elected to be the surviving entity for reporting purposes.

SFAS No. 141, "BUSINESS COMBINATIONS," does not apply to the transaction as both
entities were under common control. In accordance with APB No. 16, "BUSINESS
COMBINATIONS," the merger was treated as an exchange of equity of entities under
common control where the merged financial statements of Domain Registration,
Corp. were the consolidated financial statements of Suzy-Path, Corp. and
subsidiaries; these financial statements are included with Domain Registration,
Corp.'s as if the transaction had occurred at the beginning of the reporting
period.

NOTE 7 - OFFICER ADVANCES

The Company has incurred costs while seeking additional capital through a merger
with an existing company. An officer of the Company has advanced funds on behalf
of the Company to pay for these costs and other de minims operating costs the
Company may have incurred. These funds have been advanced interest free. As of
March 31, 2009 and December 31, 2008, the Company owed the officer $51,645 and
$51,645 respectively.

DOMAIN REGISTRATION, CORP.
(A DEVELOPMENT STAGE ENTERPRISE)
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 2009

NOTE 7 - OFFICER ADVANCES (CONTINUED)

On November 7, 2007, the Company's former shareholder officers sold to Max Time
Enterprises Ltd. ("MTE") a total of 1,000,000 shares of the common stock, $.001
par value, of the Company, constituting 13.34% of the shares of the Company then
issued and outstanding (the "Stock Transaction") which resulted in a change in
control of the Company. As a result of the Stock Transaction which changed the
Company's controlling person to MTE, the former officer forgave the indebtedness
owed to her by the Company. The balance of the former officer advances was
adjusted to common stock and additional paid-in capital as the former officer's
capital contribution to the Company.

NOTE 8 - SUBSEQUENT EVENT

On May 7, 2009, the Company acquired China Northern Pharmacy Holding Group
Limited ("CNPH"), upon consummation of a merger pursuant to an agreement and
plan of merger (the "Merger Agreement") dated April 30, 2009 by and among the
Company, its wholly-owned subsidiary, DOMR Merger Sub, Inc. ("SUB"), CNPH, Li
Yang, Yanhua Han, Hong Lin, Zuzhuan Xu, Chunrong Xiong, Giant Fortune Investment
Management Limited, Enhanced Way Investments Limited, Power Step Investments
Limited, Talent Peak Limited and Top Goal Technology Limited. Pursuant to the
Merger Agreement, SUB was merged with and into CNPH, with CNPH as the surviving
corporation (the "Merger"). Following the Merger, CNPH became a wholly owned
subsidiary of the Company, and in turn, the Company became the indirect owner of
the Chinese operating companies of CNPH. In exchange for their shares in CNPH,
the CNPH Shareholders received an aggregate of 42,500,000 shares of the
Company's common stock, divided proportionally among the CNPH Shareholders in
accordance with their respective ownership interests in CNPH.

CNPH, through its wholly owned subsidiaries, is engaged in planting, processing,
selling herbs and drug logistics and distribution in the People's Republic of
China (the "PRC" or "China").

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS

The following discussion of our financial condition and results of operations
should be read in conjunction with the financial statements and the related
notes thereto included elsewhere in this Quarterly Report and in our Annual
Report on Form 10-K for the fiscal year ended December 31, 2008. The matters
discussed herein contain forward-looking statements within the meaning of
Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A
of the Securities Act of 1933, as amended, which involve risks and
uncertainties. All statements other than statements of historical information
provided herein may be deemed to be forward-looking statements. Without limiting
the foregoing, the words "believes", "anticipates", "plans", "expects" and
similar expressions are intended to identify forward-looking statements. Factors
that could cause actual results to differ materially from those reflected in the
forward-looking statements include, but are not limited to, those discussed
under the heading "Risk Factors" and elsewhere in this report and the risks
discussed in our other filings with the SEC. While these forward-looking
statements, and any assumptions upon which they are based, are made in good
faith and reflect our current judgment regarding the direction of our business,
actual results will almost always vary, sometimes materially, from any
estimates, predictions, projections, assumptions or other future performance
suggested herein. Readers are cautioned not to place undue reliance on these
forward-looking statements, which reflect management's analysis, judgment,
belief or expectation only as of the date hereof. 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.

As used in this Quarterly Report, references to "our company," "Company," "we"
or "us" refers to Domain Registration, Corp, unless otherwise specifically
stated or the context requires otherwise. All share and per share information in
this Quarterly Report gives effect to an 8-for-1 forward stock split of our
common stock on September 27, 2007.

Results of Operations

Until May 7, 2009, we were a shell company as such term is defined in Rule 12b-2
under the Exchange Act. We had no revenues from inception through March 31,
2009. We had a loss from inception through March 31, 2009 of $(187,168) and a
loss from inception through December 31, 2008 of $(177,668).

On May 7, 2009, we acquired China Northern Pharmacy Holding Group Limited, a
British Virgin Islands corporation, or CNPH, upon consummation of the merger of
our newly-formed wholly-owned subsidiary, DOMR Merger Sub, Inc., or Merger Sub,
with and into CNPH, with CNPH as the surviving corporation (the "Merger"),
pursuant to an Agreement and Plan of Merger dated April 30, 2009 by and among
our company, Merger Sub, CNPH, Li Yang, Yanhua Han, Hong Lin, Zuzhuan Xu,
Chunrong Xiong, Giant Fortune Investment Management Limited, Enhanced Way
Investments Limited, Power Step Investments Limited, Talent Peak Limited and Top
Goal Technology Limited.

CNPH is a holding company that acquired all of the outstanding stock of China
Northern Pharmacy Holding Group Limited in Hong Kong, or CNPH HK, on November
25, 2008. CNPH HK, a Hong Kong corporation, is a holding company that acquired
all of outstanding stock of Tonghua Huachen Herbal Planting Company Limited, or
HERB, and Tonghua Shengantang Medical & Pharmacy Company Limited, or PHARMACY,
on November 21, 2008. Li Yang, Yanhua Han, Hong Lin, Zuzhuan Xu, Chunrong Xiong,
Giant Fortune Investment Management Limited, Enhanced Way Investments Limited,
Power Step Investments Limited, Talent Peak Limited and Top Goal Technology
Limited are CNPH's shareholders, or the CNPH Shareholders.

HERB is engaged in planting, processing and selling herbs in the People's
Republic of China, or the PRC or China. HERB owns 100 percent of the equity
interests of Tonghua Huachen Pharmaceutical Company Limited, or Huachen, a
large-scale high-tech manufacturing enterprise which is engaged in the
production and sale of herbal products. Huachen has a sales network covering 28
provinces and cities in the PRC and distributes products throughout the PRC.

PHARMACY is engaged in drug logistics and distribution in China through a chain
of pharmacy stores. PHARMACY owns 100 percent of the equity interests of Yunnan
Silin Pharmaceutical Company Limited, or SILIN, which is engaged in the
wholesale distribution of medicine products, chemical agents, antibiotics,
biochemistry drugs and biological preparations to hospitals and pharmacy stores.
SILIN has a sales network that covers the entire Yunnan Province and Shanghai
and Zhejiang areas, and a distribution network for prepared Chinese medicines
that covers Northeast and Southwest China.

These companies were established or acquired by CNPH as part of CNPH's strategy
to build a nationwide pharmaceutical industry chain from planting and
manufacturing to retail and distribution in China.

Pursuant to the terms of the Merger Agreement, in exchange for their shares in
CNPH, the CNPH Shareholders received an aggregate of 42,500,000 shares of our
common stock, divided proportionally among the CNPH Shareholders in accordance
with their respective ownership interests in CNPH. For information concerning
the Merger and the business of CNPH and its operating subsidiaries, see Item
2.01 of our Current Report on Form 8-K filed on May 8, 2009.

As a result of the Merger, CNPH became our wholly-owned, with the CNPH
Shareholders acquiring approximately 85% of our outstanding common stock,
effectively obtaining operational and management control of our company.

For accounting purposes, the Merger has been accounted for as a reverse
acquisition under the purchase method for business combinations, and accordingly
the transaction has been treated as a recapitalization of CNPH, with Merger Sub
as the acquirer. Consequently, the historical financial statements of CNPH are
now the historical financial statements of our company. The audited financial
statements of CNPH for the years ended and as at December 31, 2008 and 2007 are
set forth in Item 9.01 (a) of our Current Report on Form 8-K filed on May 8,
2009. See Item 9.01 (b) of our Current Report on Form 8-K filed on May 8, 2009
for pro forma information which gives effect to our acquisition of CNPH. Since
we were considered a public shell at the time we acquired CNPH, the transaction
was not considered a business combination.

As a result of the Merger, we ceased being a shell company as such term is
defined in Rule 12b-2 under the Exchange Act.

As a result of the Merger and subject to shareholder approval of an amendment to
our Articles of Incorporation to change our corporate name to BioPharm Asia
Inc., our organizational structure is as follows:

BioPharm Asia Inc.
(formerly Domain Registration, Corp.)
|
| 100%
|
China Northern Pharmacy Holding Group Limited (BVI)
|
| 100%
|
China Northern Pharmacy Holding Group Limited in HK
|
|
| |
100% | | 100%
| |
Tonghua Huachen Herbal Planting Tonghua Shengantang Medical &
Company Limited Pharmacy Company Limited
| |
| |
100% | | 100%
| |
Tonghua Huachen Pharmaceutical Yunnan Silin Pharmaceutical
Company Limited Company Limited

Restated Financial Statements.

We had determined that the accounting treatment of the merger transaction
between Bahamas Enterprises, Inc. and Suzy-Path, Corp. was incorrect. On October
9, 2001, we treated the merger of these entities as a business acquisition using
the purchase method of accounting as described by SFAS No. 141, "Business
Combinations." Upon subsequent review of the transaction, this was determined to
be an incorrect treatment.

Business combinations under SFAS No. 141 apply to the acquisition of a
business. Bahamas Enterprises, Inc. was a non-operating public shell
corporation, and therefore, not a business. For reporting purposes, the
transaction is treated as a capital transaction where the acquiring corporation
issued stock for the net monetary assets of the shell corporation, accompanied
by a recapitalization. The accounting is similar in form to a reverse
acquisition, except that goodwill or other intangibles are not recorded.

In addition, on October 10, 2001, we had a business combination that
occurred between Suzy-Path, Corp., our parent corporation, and us, as a wholly
owned subsidiary. The parent and subsidiary were consolidated for financial
purposes. SFAS No. 141, "Business Combinations," does not apply to the

transaction as both entities were under common control. In accordance with APB
No. 16 the merger was treated as an exchange of equity of entities under common
control where the merged financial statements of Domain Registration, Corp. were
the consolidated financial statements of Suzy-Path, Corp. and subsidiaries, are
included with Domain Registration, Corp. all as if the business transaction had
occurred at the beginning of the reporting period.

Prior to the restatement of the financial statements, the goodwill, as of
December 31, 2001 through December 31, 2003, net of amortization was $1,700.

Financial Condition

Our auditor's going concern opinion for prior years ended and the notation
in the financial statements indicate that we do not have significant cash or
other material assets and that we are relying on advances from stockholders,
officers and directors to meet limited operating expenses. We do not have
sufficient cash or other material assets nor do we have sufficient operations or
an established source of revenue to cover our operational costs that would allow
us to continue as a going concern.

Liquidity and Capital Resources

As of March 31, 2009, we had no assets and a working capital deficit and a
negative net worth of $(89,600). As of December 31, 2008, we had no assets and a
working capital deficit and a negative net worth of $(80,100). The Company has
incurred costs while seeking additional capital through a merger with an
existing company. An officer of the Company has advanced funds on behalf of the
Company to pay for these costs and other de minims operating costs the Company
may have incurred. These funds have been advanced interest free. As of March 31,
2009 and December 31, 2008, the Company owed the officer $51,645 and $51,645
respectively.

Critical Accounting Policies and Estimates

We prepare our financial statements in accordance with accounting principles
generally accepted in the United States, and make estimates and assumptions that
affect our reported amounts of assets, liabilities, revenue and expenses. We
base our estimates on historical experience and other assumptions that we
believe are reasonable in the circumstances. Actual results may differ from
these estimates.

The following critical accounting policies affect our more significant estimates
and assumptions used in preparing our consolidated financial statements.

Our financial statements have been prepared on the going concern basis, which
assumes the realization of assets and liquidation of liabilities in the normal
course of operations. If we were not to continue as a going concern, we would
likely not be able to realize on our assets at values comparable to the carrying
value or the fair value estimates reflected in the balances set out in the
preparation of our financial statements. There can be no assurances that we will
be successful in generating additional cash from equity or other sources to be
used for operations. Our financial statements do not include any adjustments to
the recoverability of assets and classification of assets and liabilities that
might be necessary should we be unable to continue as a going concern

Off-Balance Sheet Arrangements

None.

Critical Accounting Policies and Estimates

The following critical accounting policies affect our more significant estimates
and assumptions used in preparing our consolidated financial statements.

value or the fair value estimates reflected in the balances set out in the
preparation of our financial statements. There can be no assurances that we will
be successful in generating additional cash from equity or other sources to be
used for operations. Our financial statements do not include any adjustments to
the recoverability of assets and classification of assets and liabilities that
might be necessary should we be unable to continue as a going concern

Going Concern

The nature of our financial status makes us lack the characteristics of a going
concern. This is because the company, due to its financial condition, may have
to seek loans or the sale of its securities to raise cash to meet its cash
needs. We have no revenue and no cash. The level of current operations does not
sustain our expenses and we have no commitments for obtaining additional
capital. These factors, among others, raise substantial doubt about its ability
to continue as a going concern.

Recent Accounting Pronouncements

ITEM 3. QUALITATIVE AND QUANTITATIVE DISCLOSURES ABOUT MARKET RISK.

Not applicable to small reporting companies.

ITEM 4. EVALUATION OF DISCLOSURE ON CONTROLS AND PROCEDURES.

Based on an evaluation of our disclosure controls and procedures as of the end
of the quarterly period covered by this report (and the financial statements
contained in the report), our president and chief financial officer has
determined that our current disclosure controls and procedures are effective.

There have not been any changes in our internal control over financial reporting
(as such term is defined in Rules 13a-15(f) under the Exchange Act) during our
most recently completed fiscal quarter which is the subject of this report 7
that have materially affected, or are reasonably likely to materially affect,
our internal control over financial reporting.

PART II

OTHER INFORMATION

Item 1 - Legal Proceedings ............................................... None

Item 1A - Risk Factors

The purchase of our common stock involves a high degree of risk. Before
you invest you should carefully consider the risks and uncertainties described
in our Current Report on Form 8-K reporting the acquisition of CNPH filed on May
8, 2009 (the "Form 8-K"), under the caption "Risk Factors," our Management's
Discussion and Analysis of Financial Condition and Results of Operations set
forth in Item 2 of Part I of this report, our consolidated financial statements
and related notes included in Item 1 of Part I of this report and our
consolidated financial statements and related notes, our Management's Discussion
and Analysis of Financial Condition and Results of Operations and the other
information in the Form 8-K. Readers should carefully review those risks, as
well as additional risks described in other documents we file from time to time
with the Securities and Exchange Commission.

There have been no material changes in the risk factors previously
disclosed in the Form 8-K.

Item 2 - Unregistered Sales of Equity Securities and Use of Proceeds...... None

Item 3 - Defaults Upon Senior Securities ................................. None

Item 4 - Submission of Matter to a Vote of Security Holders .............. None

Item 5 - Other Information................................................ None

Item 6. - Exhibits

The following exhibits are filed with this report:

31.1 Rule 13a-14(a)/15d-14(a) - Certification of Chief Executive Officer.
31.2 Rule 13a-14(a)/15d-14(a) - Certification of Chief Financial Officer
32.1 Section 1350 Certification - Chief Executive Officer.
32.2 Section 1350 Certification - Chief Financial Officer.

SIGNATURES

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

Dated: May 28, 2009 DOMAIN REGISTRATION, CORP.

By: /s/ Yunlu Yin
-------------------------------------
Yunlu Yin
President and Chief Executive Officer