SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549  ____________________  FORM 10-Q ____________________  [X] QUARTERLY REPORT UNDER SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934  For the quarterly period ended June 30, 2008  [ ] TRANSITION REPORT UNDER SECTION 13 OR 15 ( d ) OF THE EXCHANGE ACT  For the transition period from ____________ to____________  Commission File No. 000-24379  ATLANTICA, INC. (Exact name of Registrant as specified in its charter)  Utah43-0976473(State or Other Jurisdiction of(I.R.S. Employer Identification No.)incorporation or organization)  c/o Richland Gordon & Company 9330 Sears Tower 233 S. Wacker Drive Chicago, Illinois 60606 (Address of Principal Executive Offices)  (312) 382-9330 (Registrants telephone number, including area code)  N/A (Former name, former address and former fiscal year, if changed since last report)  Indicate by check mark whether the Registrant has (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 (the Exchange Act) 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 definition of large accelerated filer, accelerated filer and smaller reporting company in Rule 12b-2 of the Exchange Act.  (Check one):  Large accelerated filer [  ]      Accelerated filer [  ]       Non-accelerated filer [  ]      Smaller reporting company [X]  Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [ X] No [  ]  1     APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS  Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities and Exchange Act of 1934 after the distribution of securities under a plan confirmed by a court.  Not applicable.  APPLICABLE ONLY TO CORPORATE ISSUERS  Indicate the number of shares outstanding of each of the Registrants classes of common stock, as of the latest practicable date:  August 14, 2008 - 2,458,590 shares of common stock.  PART I   Item 1.  Financial Statements  The Financial Statements of the Registrant required to be filed with this 10-Q Quarterly Report were prepared by management and commence below, together with related notes. In the opinion of management, the Financial Statements fairly present the financial condition of the Registrant.             ATLANTICA, INC. [A Development Stage Company]  UNAUDITED FINANCIAL STATEMENTS  JUNE 30, 2008                  2    ATLANTICA, INC. [A Development Stage Company]     CONTENTS  PAGE  — Balance Sheets, June 30, 2008 (Unaudited) and December 31, 2007 4   — Unaudited Statements of Operations, for the three months and six months ended June 30, 2008 and 2007 and from inception of Development Stage on January 1, 1997 through June 30, 2008 5   — Unaudited Statements of Cash Flows, for the three months and six months ended June 30, 2008 and 2007 and from inception of Development Stage on January 1, 1997 through June 30, 2008 6    Notes to Unaudited Financial Statements 7 - 9  3


ATLANTICA, INC. (A Development Stage Company)   Balance Sheets    June 30,
2008December 31, 2007(Unaudited)ASSETSCURRENT ASSETSCash$$Total Current AssetsTOTAL ASSETS$$LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)Accounts Payable$95,837$41,125Accounts Payable - Related Party8,2162,328Interest Payable---Total Current Liabilities104,05343,453Total Liabilities104,05343,453STOCKHOLDERS' EQUITY (DEFICIT)Preferred Stock: 10,000,000 shares authorizedof $0.0001 par value, no sharesissued and outstandingCommon Stock: 50,000,000 shares authorizedof $0.0001 par value, 2,458,590 sharesissued and outstanding246246Additional Paid-in Capital125,456125,456Accumulated Deficit prior to development stage(1,256,700)(1,256,700)Retained earnings from inception of developmentstage on January 1, 1997, through June 30, 20081,026,9451,087,545Total Stockholders' Equity (Deficit)(104,053)(43,453)TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)$$    The accompanying notes are an integral part of these financial statements.


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ATLANTICA, INC. (A Development Stage Company)   Statements of Operations (Unaudited) From Inceptionof DevelopmentFor theFor theStage onThree Months EndedSix Months EndedJanuary 1, 1997June 30,June 30,through2008200720082007June 30, 2008REVENUES$$$$$EXPENSESGeneral and Administrative46,5331,19560,6006,945207,434Interest Expense-1,067-2,111118,508Total Expenses46,5332,26260,6009,056325,942LOSS BEFORE EXTRAORDINARY ITEMS(46,533)(2,262)(60,600)(9,056)(325,942)EXTRAORDINARY INCOMEGain on extinguishment of debt1,352,887NET INCOME (LOSS)$(46,533)$(2,262)$(60,600)$(9,056)$1,026,945BASIC LOSS PER SHARE$(0.02)$(0.00)$(0.02)$(0.00)WEIGHTED AVERAGE NUMBEROF SHARES OUTSTANDING2,458,5902,458,5902,458,5902,458,590        The accompanying notes are an integral part of these financial statements.


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ATLANTICA, INC. (A Development Stage Company)  Statements of Cash Flows (Unaudited)  From Inceptionof DevelopmentFor theStage onSix Months EndedJanuary 1, 1997June 30,Through20082007June 30, 2008CASH FLOWS FROM OPERATING ACTIVITIESNet Income (Loss)$(60,600)$(9,056)$1,026,945Adjustments to reconcile net income (loss) to net cashused by operating activities:Common stock issued for services2,405Extinguishment of debt(1,352,887)Changes in operating assets and liabilities:Increase in accounts payable andaccounts payable - related party60,6006,945147,414Increase in accrued interest---2,111119,297Net Cash Used For Operating Activities(56,826)CASH FLOWS FROM INVESTING ACTIVITIESCASH FLOWS FROM FINANCING ACTIVITIESCapital contributed by shareholder56,826Net Cash Provided by Financing Activities56,826NET INCREASE (DECREASE) IN CASHCASH AT BEGINNING OF PERIODCASH AT END OF PERIOD$$$CASH PAID FOR:Interest$$$Taxes$$$SCHEDULE OF NON-CASH FINANCING AND
INVESTING ACTIVITIESContributions of related party payables to equity$---$$66,471   The accompanying notes are an integral part of these financial statements.


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ATLANTICA, INC. (A Development Stage Company)   Notes to Unaudited Financial Statements June 30, 2008  NOTE 1 - BASIS OF PRESENTATION  This summary of significant accounting policies of Atlantica, Inc. is presented to assist in understanding the Companys financial statements. The financial statements and notes are representations of the Companys management, which is responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America and have been consistently applied in the preparation of the financial statements.  a. Organization and Business Activities  The financial statements presented are those of Atlantica, Inc. (the Company). The Company was incorporated in the State of Utah on March 3, 1938. The Company name at that time was Red Hills Mining Company. On February 5, 1953, the Company changed its name to Allied Oil and Minerals Company. On January 8, 1971, the Company changed its name to Community Equities Corporation. On March 26, 1996, the Company changed its name to Atlantica, Inc.  The Company had two subsidiaries; Keys Equities, Inc. (Keys), a Florida corporation incorporated on July 31, 1996, and Allied Equities, Inc. (Allied), a Florida corporation incorporated on July 15, 1996. On March 1, 1998, the Company transferred its right, title and interest in a mining claim in Utah to Allied. The mining claim had a book value of $-0-. On March 1, 1998, the Company distributed the shares of the two subsidiaries to its shareholders in a liquidating dividend.  The Company has not engaged in any business operations since 1990, and it was reclassified as a development stage company as of January 1, 1997. The Companys only activity since that time has consisted of taking actions necessary to restore and preserve its good standing in the State of Utah. The Company presently has no assets. The Company intends to continue to seek out the acquisition of assets, property or a business that may be beneficial to the Company and its stockholders. In considering whether to complete any such acquisition, the Board of Directors will make the final determination and the approval of stockholders will not be sought unless required by applicable law, the articles of incorporation or bylaws of the Company or contract.  b. Accounting Method  The Companys financial statements are prepared using the accrual method of accounting. The Company has elected a December 31 year-end.  c. Estimates  The preparations of financial statements in conformity with accounting principles generally accepted in the United States of America 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.  d. Cash and Cash Equivalents  The Company considers all highly liquid investments with original maturities at the date of purchase of three months or less to be cash equivalents.


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ATLANTICA, INC. (A Development Stage Company) Notes to Unaudited Financial Statements June 30, 2008  NOTE 2 - LIQUIDITY / GOING CONCERN  The Companys financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not established revenues sufficient to cover its operation costs. The Company is seeking the acquisition of, or merger with, an existing operating company.  The Company does not have significant assets, nor has it established operations and has accumulated losses since inception. These factors raise substantial doubt about the Companys ability to continue as a going concern. It is the intent of the Company to seek a merger with an existing, well-capitalized operating company. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.   The Company is relying on its principal shareholder to pay all of our operating and other expenses until we can complete a reorganization or merger. While the Company's principal stockholder currently pays the Company's limited operating and other expenses, on the Company's behalf, that principal stockholder is not obligated to pay any of those expenses and the Company can provide no assurance that such stockholder will continue to pay any of those expenses in the future. This stockholder did not pay any expenses for the Company in the quarter ended June 30, 2008.  NOTE 3 - RELATED PARTY TRANSACTIONS  There were no expenses during the three months ended June 30, 2008 paid by a related party.  While we currently have an agreement that expenses will be paid by a shareholder of the Company and recorded as loans to shareholders, this agreement is revocable by that shareholder at any time.  We had payables totaling $95,837 at June 30, 2008, which we expect will be paid by the shareholder of the Company.  We owe our Chief Financial Officer $1,089 for accounting services provided during the quarter.  This amount has been recognized as a payable to related party and expensed.  NOTE 4  COMMON STOCK  On January 26, 2007, the majority stockholders of the Company voted in favor of amending and restating the Company's Articles of Incorporation to change the total number of shares which the corporation shall be authorized to issue to 60,000,000 shares of capital stock, such total number of shares shall consist of 50,000,000 shares of $0.0001 par value common voting stock (Common Stock) and 10,000,000 shares of preferred stock, having a par value of $0.0001 per share.  The majority stockholders also approved a one for ten (1:10) reverse stock split of the Company's issued and outstanding common shares effective following notice thereof to the National Association of Securities Dealers, Inc. (the "NASD") and the subsequent advice from the NASD of its effectiveness.  The reverse stock split was effective on February 15, 2007.  The stock split is reflected on a retroactive basis.  There were no issuances of Company stock during the three-month period ended June 30, 2008.  NOTE 5 - LOSS PER SHARE  The following data show the amounts used in computing loss per share for the periods presented:  For the Three Months Ended June 30,2008For the Six Months Ended June 30, 2008Loss available to common shareholders (numerator)$(46,533)$(60,600)Weighted average number of common shares
outstanding during the period used in loss per share(denominator)2,458,5902,458,590Basic loss per share$(0.02)$(0.02)


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ATLANTICA, INC. (A Development Stage Company) Notes to Unaudited Financial Statements June 30, 2008  NOTE 5 - LOSS PER SHARE (Continued)  Dilutive loss per share was not presented; as the Company had no common equivalent shares for all periods presented that would affect the computation of diluted loss per share.  NOTE 6 - COMMITMENTS AND CONTINGENCIES  Contingencies -The Company has not been active for several years.  Management believes that there are no unrecorded valid outstanding liabilities from prior operations.  If a creditor were to come forward and claim a liability, the Company has committed to contest the claim to the fullest extent of the law.  Due to various statutes of limitations and because of the likelihood that such an old liability would not still be valid no amount has been accrued in these financial statements for any such contingencies.    NOTE 7 - RECENT ACCOUNTING PRONOUNCEMENTS    In September 2006, the Financial Accounting Standards Board (FASB) issued Statement of Financial Accounting Standard (SFAS) No. 157, Fair Value Measurements (SFAS 157). SFAS 157 defines fair value, establishes a framework for measuring fair value under GAAP and expands disclosures about fair value measurements.  The Company adopted SFAS 157 on January 1, 2008 with no impact on the Companys condensed consolidated financial statements.  In February 2007, the FASB issued SFAS No. 159, The Fair Value Option for Financial Assets and Liabilities  Including an amendment of FASB Statement No. 115 (SFAS 159).  SFAS 159 allows entities the option to measure eligible financial instruments at fair value as of specified dates. Such election, which may be applied on an instrument by instrument basis, is typically irrevocable once elected.  The Company elected not to measure any additional financial assets or liabilities at fair value at the time SFAS 159 was adopted on January 1, 2008.  As a result, implementation of SFAS 159 had no impact on the Companys condensed consolidated financial statements.  In December 2007, the FASB issued SFAS No. 141 (revised 2007), Business Combinations (SFAS 141R) and SFAS No. 160, Noncontrolling Interests in Consolidated Financial Statements, an amendment of Accounting Research Bulletin No. 51(SFAS 160). SFAS No. 141R requires an acquirer to measure the identifiable assets acquired, the liabilities assumed and any noncontrolling interest in the acquiree at their fair values on the acquisition date, with goodwill being the excess value over the net identifiable assets acquired.  SFAS No. 160 clarifies that a noncontrolling interest in a subsidiary should be reported as equity in the consolidated financial statements. The calculation of earnings per share will continue to be based on income amounts attributable to the parent. SFAS No. 141R and SFAS No. 160 are effective for financial statements issued for fiscal years beginning after December 15, 2008.  Early adoption is prohibited.  The Company has not yet determined the effect on its consolidated financial statements, if any, upon adoption of SFAS No. 141R or SFAS No. 160.  In March 2008, the FASB issued SFAS No. 161, Disclosures about Derivative Instruments and Hedging Activities, an amendment of FASB Statement No. 133 (SFAS 161). SFAS 161 requires enhanced disclosures about an entitys derivative instruments and hedging activities including: (1) how and why an entity uses derivative instruments; (2) how derivative instruments and related hedged items are accounted for under SFAS 133 and its related interpretations; and (3) how derivative instruments and related hedged items affect an entitys financial position, financial performance and cash flows. SFAS 161 is effective for financial statements issued for fiscal years and interim periods beginning after November 15, 2008, with earlier application encouraged. The Company has no derivative instruments so the adoption of SFAS 161 is not expected to have any impact on the Companys consolidated financial statements and it does not intend to adopt this standard early.


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ATLANTICA, INC. (A Development Stage Company) Notes to Unaudited Financial Statements June 30, 2008  NOTE 7 - RECENT ACCOUNTING PRONOUNCEMENTS ( Continued)  In May 2008, the FASB issued SFAS No. 162, The Hierarchy of Generally Accepted Accounting Principles(SFAS 162).  SFAS 162 is intended to improve financial reporting by identifying a consistent framework, or hierarchy, for selecting accounting principles to be used in preparing financial statements in conformity with U.S. generally accepted accounting principles (GAAP) for nongovernmental entities.  The statement establishes that the GAAP hierarchy should be directed to entities because it is the entity (not its auditor) that is responsible for selecting accounting principles for financial statements that are presented in conformity with GAAP.  This statement is effective 60 days following the SECs approval of the Public Company Accounting Oversight Board Auditing amendments to AU Section 411, The Meaning of Present Fairly in Conformity with Generally Accepted Accounting Principles.  The Company does not believe implementation of SFAS 162 will have a material impact on its financial statements.  In May 2008, the FASB issued SFAS No. 163, Accounting for Financial Guarantee Insurance Contracts - an interpretation of FASB Statement No. 60 (SFAS 163).  SFAS 163 clarifies how Statement 60 applies to financial guarantee insurance contracts, including the recognition and measurement of premium revenue and claim liabilities. This Statement also requires expanded disclosures about financial guarantee insurance contracts.  SFAS 163 is effective for fiscal years beginning on or after December 15, 2008, and interim periods within those fiscal years. The Company does not expect that the adoption of SFAS 163 will have a material impact on its financial statements.  In June 2008, the FASB issued FASB Staff Position Emerging Issues Task Force (EITF) No. 03-6-1, Determining Whether Instruments Granted in Share-Based Payment Transactions Are Participating Securities (FSP EITF No. 03-6-1).  Under FSP EITF No. 03-6-1, unvested share-based payment awards that contain rights to receive nonforfeitable dividends (whether paid or unpaid) are participating securities, and should be included in the two-class method of computing EPS. FSP EITF No. 03-6-1 is effective for fiscal years beginning after December 15, 2008, and interim periods within those years, and is not expected to have a significant impact on the Companys financial statements.


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Item 2. Managements Discussions and Analysis of Financial Condition and Results of Operations.  Forward-looking Statements  Statements made in this Quarterly Report which are not purely historical are forward-looking statements with respect to the goals, plan objectives, intentions, expectations, financial condition, results of operations, future performance and our business, including, without limitation, (i) our ability to raise capital, and (ii) statements preceded by, followed by or that include the words may, would, could, should, expects, projects, anticipates, believes, estimates, plans, intends, targets or similar expressions.  Forward-looking statements involve inherent risks and uncertainties, and important factors (many of which are beyond our control) that could cause actual results to differ materially from those set forth in the forward-looking statements, including the following, general economic or industry conditions, nationally and/or in the communities in which we may conduct business, changes in the interest rate environment, legislation or regulatory requirements, conditions of the securities markets, our ability to raise capital, changes in accounting principles, policies or guidelines, financial or political instability, acts of war or terrorism, other economic, competitive, governmental, regulatory and technical factors affecting our current or potential business and related matters.  Accordingly, results actually achieved may differ materially from expected results in these statements.  Forward-looking statements speak only as of the date they are made.  We do not undertake, and specifically disclaim, any obligation to update any forward-looking statements to reflect events or circumstances occurring after the date of such statements.  Plan of Operation  Our plan of operation for the next 12 months is to: (i) consider guidelines of industries in which we may have an interest;(ii) adopt a business plan regarding engaging in the business of any selected industry; and (iii) to commence such operations through funding and/or the acquisition of a going concern engaged in any industry selected.  We are not currently engaged in any substantive business activity, and we have no plans to engage in any such activity in the foreseeable future. In our present form, we may be deemed to be a vehicle to acquire or merge with a business or company. Regardless, the commencement of any business opportunity will be preceded by the consideration and adoption of a business plan by our Board of Directors. We do not intend to restrict our search for business opportunities to any particular business or industry, and the areas in which we will seek out business opportunities or acquisitions, reorganizations or mergers may include, but will not be limited to, the fields of high technology, manufacturing, natural resources, service, research and development, communications, transportation, insurance, brokerage, finance and all medically related fields, among others. We recognize that the number of suitable potential business ventures that may be available to our Company may be extremely limited, and may be restricted to entities who desire to avoid what such entities may deem to be the adverse factors related to an initial public offering (IPO). The most prevalent of these factors include substantial time requirements, legal and accounting costs, the inability to obtain an underwriter who is willing to publicly offer and sell shares, the lack of or the inability to obtain the required financial statements for such an undertaking, limitations on the amount of dilution to public investors in comparison to the stockholders of any such entities, along with other conditions or requirements imposed by various federal and state securities laws, rules and regulations and federal and state agencies that implement such laws, rules and regulations. Any of these types of transactions, regardless of the particular prospect, would require us to issue a substantial number of shares of our common stock, that could amount to as much as 95% of our outstanding securities following the completion of any such transaction; accordingly, investments in any such private enterprise, if available, would be much more favorable than any investment in our Company.  Management intends to consider a number of factors prior to making any decision as to whether to participate in any specific business endeavor, none of which may be determinative or provide any assurance of success. These may include, but will not be limited to, as applicable, an analysis of the quality of the particular entitys management personnel; the anticipated acceptability of any new products or marketing concepts that it may have; the merit of its technological changes; its present financial condition, projected growth potential and available technical, financial and managerial resources; its working capital, history of operations and future prospects; the nature of its present and expected competition; the quality and experience of its management services and the depth of its management; its potential for further research, development or exploration; risk factors specifically related to its business operations; its potential for growth, expansion and profit; the perceived public recognition or acceptance of its products, services, trademarks and name


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identification; and numerous other factors which are difficult, if not impossible, to properly or accurately analyze, let alone describe or identify, without referring to specific objective criteria.  Regardless, the results of operations of any specific entity may not necessarily be indicative of what may occur in the future, by reason of changing market strategies, plant or product expansion, changes in product emphasis, future management personnel and changes in innumerable other factors. Further, in the case of a new business venture or one that is in a research and development mode, the risks will be substantial, and there will be no objective criteria to examine the effectiveness or the abilities of its management or its business objectives. Also, a firm market for its products or services may yet need to be established, and with no past track record, the profitability of any such entity will be unproven and cannot be predicted with any certainty.  Management will attempt to meet personally with management and key personnel of the entity providing any potential business opportunity afforded to our Company, visit and inspect material facilities, obtain independent analysis or verification of information provided and gathered, check references of management and key personnel and conduct other reasonably prudent measures calculated to ensure a reasonably thorough review of any particular business opportunity; however, due to time constraints of management, these activities may be limited.  We are unable to predict the time as to when and if we may actually participate in any specific business endeavor. We anticipate that proposed business ventures will be made available to us through personal contacts of directors, executive officers and principal stockholders, professional advisors, broker dealers in securities, venture capital personnel, members of the financial community and others who may present unsolicited proposals. In certain cases, we may agree to pay a finders fee or to otherwise compensate the persons who submit a potential business endeavor in which we eventually participate. Such persons may include our directors, executive officers and beneficial owners our securities or their affiliates. In this event, such fees may become a factor in negotiations regarding any potential venture and, accordingly, may present a conflict of interest for such individuals.  Our directors and executive officers have not used any particular consultants, advisors or finders on a regular basis.  Although we currently have no plans to do so, depending on the nature and extent of services rendered, we may compensate members of management in the future for services that they may perform for our Company. Because we currently have extremely limited resources, and we are unlikely to have any significant resources until we have determined a business or enterprise to engage in or have completed a merger or acquisition, any such compensation could take the form of an issuance of our Companys common stock to these persons; this would have the effect of further diluting the holdings of our other stockholders.  Substantial fees are often paid in connection with the completion of all types of acquisitions, reorganizations or mergers, ranging from a small amount to as much as $400,000 or more. These fees are usually divided among promoters or founders, after deduction of legal, accounting and other related expenses, and it is not unusual for a portion of these fees to be paid to members of management or to principal stockholders as consideration for their agreement to retire a portion of the shares of common stock owned by them. Management may actively negotiate or otherwise consent to the purchase of all or any portion of their common stock as a condition to, or in connection with, a proposed reorganization, merger or acquisition. It is not anticipated that any such opportunity will be afforded to other stockholders or that such other stockholders will be afforded the opportunity to approve or consent to any particular stock buy-out transaction. In the event that any such fees are paid, they may become a factor in negotiations regarding any potential acquisition or merger by our Company and, accordingly, may also present a conflict of interest for such individuals.  Results of Operations  Three Months Ended June 30, 2008 Compared to Three Months Ended June 30, 2007  The Company has had no operations during the quarterly period ended June 30, 2008, nor do we have operations as of the date of this filing.  General and administrative expenses were $46,533 for the June 30, 2008, period compared to $2,262 for the June 30, 2007, period. General and administrative expenses for the three months ended June 30, 2008, were comprised mainly of accounting and legal fees. We had a net loss of $46,533 for the June 30, 2008, period compared to a net loss of $2,262 for the June 30, 2007, period.


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Six Months Ended June 30, 2008 Compared to Six Months Ended June 30, 2007  The Company has had no operations during the six months ended June 30, 2008, nor do we have operations as of the date of this filing.  General and administrative expenses were $60,600 for the six months ended June 30, 2008, period compared to $9,056 for the June 30, 2007, period. General and administrative expenses for the six months ended June 30, 2008, were comprised mainly of accounting and legal fees. We had a net loss of $60,600 for the six months ended June 30, 2008, period compared to a net loss of $9,056 for the June 30, 2007, period.  Liquidity  We have no current cash resources.  During the next 12 months, our only foreseeable cash requirements will relate to maintaining our good standing in the State of Utah.  We do not have any cash reserves to pay for our administrative expenses for the next 12 months.  In the event that additional funding is required in order to keep us in good standing, we may attempt to raise such funding through loans or through additional sales of our common stock.    Item 3.  Quantitative and Qualitative Disclosures About Market Risk.  Not required.  Item 4T.  Controls and Procedures.  Evaluation of disclosure controls and procedures  Our management, with the participation of our chief executive officer and chief financial officer, evaluated the effectiveness of our disclosure controls and procedures as defined in Rule 13a-15(e) under the Exchange Act as of the end of the period covered by this Quarterly Report on Form 10-Q.  In designing and evaluating the disclosure controls and procedures, our management recognized that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives.  In addition, the design of disclosure controls and procedures must reflect the fact that there are resource constraints and that management is required to apply its judgment in evaluating the benefits of possible controls and procedures relative to their costs.  The design of any disclosure controls and procedures also is based in part upon certain assumptions about the likelihood of future events and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions.  Based on that evaluation, our chief executive officer and chief financial officer concluded that, as of June 30, 2008, our disclosure controls and procedures were, subject to the limitations noted above, effective to provide reasonable assurance that information we are required to disclose in reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in Securities and Exchange Commission rules, regulations and forms, and that such information is accumulated and communicated to our management, including our chief executive officer and chief financial officer, as appropriate, to allow timely decisions regarding required disclosure.  Changes in internal control over financial reporting  Our management, with the participation of the chief executive officer and chief financial officer, has concluded there were no significant changes in our internal controls over financial reporting that occurred during our last quarter that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.  PART II - OTHER INFORMATION   Item 1. Legal Proceedings.  None; not applicable.  Item 1A.  Risk Factors.  Not required.


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Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.  None; not applicable.   Item 3. Defaults Upon Senior Securities.  None; not applicable.   Item 4. Submission of Matters to a Vote of Security Holders.  None; not applicable.   Item 5. Other Information.   None; not applicable.  Item 6. Exhibits.   Exhibit No.                       Identification of Exhibit  31.1

31.2

32Certification Pursuant to Section 302 of the Sarbanes-Oxley Act provided by Alan D. Gordon, President, Chief Executive Officer, and Director.
Certification Pursuant to Section 302 of the Sarbanes-Oxley Act provided by Shelley Goff, Secretary and CFO
Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 provided by Alan D. Gordon, President and Chief Executive Officer and Shelley Goff, Secretary and CFO      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  ATLANTICA, INC.  Date:August 19, 2008By:/s/Alan D. GordonPresident, Chief Executive Officer, and DirectorDate:August 18, 2008By:/s/Shelley GoffSecretary and Chief Financial Officer


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