UNITED STATES


SECURITIES AND EXCHANGE COMMISSION


Washington, D.C.  20549




Form 10-Q


(Mark One)




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




For the quarterly period ended  February 28, 2010




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




For the transition period from __________ to __________




Commission file number  333-102945




JETBLACK CORP.

(formerly TORTUGA MEXICAN IMPORTS, INC.)(Exact name of small business issuer as specified in its charter)








Nevada

98-0379431(State or other jurisdiction of incorporation or organization)

(IRS Employer Identification No.)





Suite #219 10654 - 82 Avenue, Edmonton, Alberta T6E 2A7(Address of principal executive offices)





780.710.9840(Issuer's telephone number)





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




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







Large accelerated filer   ̈
Accelerated filer   ̈Non-accelerated filer   “ (Do not check if a smaller reporting company)
Smaller reporting company  X






APPLICABLE ONLY TO CORPORATE ISSUERS




State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date:  152,612,700common shares issued and outstanding as of April 14, 2010




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










JETBLACK CORP.


(FORMERLY TORTUGA MEXICAN IMPORTS, INC.)


(A DEVELOPMENT STAGE COMPANY)


CONSOLIDATED BALANCE SHEETS





February 28, 2010

$

(Unaudited)


August 31,

2009

$ASSETSCURRENT ASSETSCash


13,645



4Total Current Assets


13,645



4Total Assets


13,645



4LIABILITIES AND SHAREHOLDERS’ DEFICITLIABILITIESCURRENT LIABILITIESAccounts payable and accrued liabilities


12,795



15,572Shareholder advance


4,000



4,000Total Current Liabilities


16,795



19,572Total Liabilities


16,795



19,572SHAREHOLDERS’ DEFICITCommon stock, $.001 par value, 1,350,000,000shares authorized, 152,612,700 and 151,112,700 shares issued and outstanding at February 28, 2010 and August 31, 2009 respectively


152,613



151,113Additional paid in capital


(26,508
)


(50,008
)Deficit accumulated during the development stage


(129,255
)


(120,673
)Total Shareholders’ Deficit


(3,150
)


(19,568
)TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT


13,645



4





See accompanying notes to consolidated financial statements.




F-1


JETBLACK CORP.


(FORMERLY TORTUGA MEXICAN IMPORTS, INC.)


(A DEVELOPMENT STAGE COMPANY)


CONSOLIDATED STATEMENTS OF OPERATIONS


Three and Six Months Ended February 28, 2010 and 2009 and


the Period from April 17, 2002 (Inception) through February 28, 2010


(Unaudited)








Six Months


Three Months


April 17, 2002Ended February 28,


Ended February 28,


(Inception) to2010


2009


2010


2009


February 28, 2010$


$


$


$


$REVENUE


–



–



–



–



7,569COST OF GOODS SOLD


–



–



–



–



(1,333
)GROSS PROFIT


–



–



–



–



6,236EXPENSESGeneral and administrative


8,582



8,566



7,744



6,428



135,491Total Expenses


8,582



8,566



7,744



6,428



135,491Net Operating Loss


(8,582
)


(8,566
)


(7,744
)


(6,428
)


(129,255
)NET LOSS


(8,582
)


(8,566
)


(7,744
)


(6,428
)


(129,255
)NET LOSS PER SHARE:

BASIC AND DILUTED


(0.00
)


(0.00
)


(0.00
)


(0.00
)WEIGHTED AVERAGE SHARES OUTSTANDING:

BASIC AND DILUTED


151,734,247



151,112,700



152,362,700



151,112,700


See accompanying notes to the consolidated financial statements.




F-2


JETBLACK CORP.


(FORMERLY TORTUGA MEXICAN IMPORTS, INC.)


(A DEVELOPMENT STAGE COMPANY)


CONSOLIDATED STATEMENTS OF CASH FLOWS


Six Months Ended February 28, 2010 and


the Period from April 17, 2002 (Inception) through February 28, 2010


(Unaudited)






Six Months

Ended

February 28, 2010


Six Months

Ended

February 28, 2009


April 17, 2002 (Inception) to

February 28,

2010CASH FLOWS FROM OPERATING ACTIVITIES:Net loss

$
(8,582
)

$
(8,566
)

$
(129,255
)Adjustments to reconcile net loss to cash used byoperating activities:Common stock issued for services


–



–



655Impairment


–



–



1,800Change in current assets and liabilitiesInventory


–



–



(1,800
)Accounts payable and accrued expenses


(2,777
)


(10,520
)


12,795CASH FLOWS USED IN OPERATING ACTIVITIES


(11,359
)


(19,086
)


(115,805
)CASH FLOWS FROM FINANCING ACTIVITIES:Advances from shareholders


–



4,000



4,000Issuance of common stock


25,000



15,000



125,450CASH FLOWS PROVIDED BY FINANCING


25,000



19,000



129,450ACTIVITIESNET INCREASE (DECREASE) IN CASH


13,641



(86
)


13,645Cash, beginning of period


4



158



–Cash, end of period

$
13,645


$
72


$
13,645SUPPLEMENTAL CASH FLOW INFORMATIONInterest paid

$
–


$
–


$
–Income taxes paid

$
–


$
–


$
–











See accompanying notes to the consolidated financial statements.




F-3


JETBLACK CORP.


(FORMERLY TORTUGA MEXICAN IMPORTS, INC.)


(A DEVELOPMENT STAGE COMPANY)


Notes to the Consolidated Financial Statements


(Unaudited)








NOTE 1 - BASIS OF PRESENTATION





The accompanying unaudited interim consolidated financial statements of Jetblack Corp. (formerly Tortuga Mexican Imports, Inc.) (the "Company") have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission ("SEC"), and should be read in conjunction with the audited financial statements and notes thereto contained in the Company's registration statement filed with the SEC on Form 10-K. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosures contained in the audited financial statements for the most recent fiscal year August 31, 2009 as reported in Form 10-K, have been omitted.





Effective March 15, 2010, the Company changed its name from Tortuga Mexican Imports Inc. to Jetblack Corp., by way of a merger with the Company’s wholly owned subsidiary Jetblack Corp., which was formedsolely for the change of name.  The Company changed its name to better reflect its new business plan of  developing an online reservation system to access to numerous private jet aircraft, airports worldwide and a network of pre-approved, safety-checked operators.





The Company has evaluated subsequent events for recognition or disclosure through the date these financial statements were issued.








NOTE 2 – SHAREHOLDER ADVANCE





During the year ended August 31, 2009 a shareholder of the Company advanced $4,000 to the Company. There is no written loan agreement. Interest is accrued on these advances at the rate of 10% per annum. As of February 28, 2010 the interest accrued on the advances is $558. The advances and accrued interest are payable on demand.








NOTE 3 – COMMON STOCK





During the year ended August 31, 2009, the Company subscribed 450,000 shares for cash proceeds of $15,000. The shares have not been issued.




On December 10, 2009 the Company received $25,000 for subscriptions for 1,500,000 shares.





Effective March 15, 2010, the Company effected a six (6) for one (1) forward stock split of the Company’s authorized and issued and outstanding common stock. As a result, the Company’s authorized capital increased from 225,000,000 to 1,350,000,000 shares, and outstanding shares increased from 25,435,450 shares of common stock to 152,612,700 shares of common stock, all with a par value of $0.001. The stock split is presented retroactively in these financial statements.





F-4


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




FORWARD-LOOKING STATEMENTS




This quarterly report contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995.  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, including the risks in the section entitled "Risk 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 financial statements are stated in United States Dollars (US$) and are prepared in conformity with generally accepted accounting principles in the United States of America for interim financial statements.  The following discussion should be read in conjunction with our financial statements and the related notes that appear elsewhere in this quarterly report.




As used in this quarterly report, the terms "we", "us", "our company", and "Tortuga" mean Tortuga Mexican Imports Inc., unless otherwise indicated.  All dollar amounts refer to US dollars unless otherwise indicated.





General





Our Business – General




We were incorporated on April 17, 2002, under the laws of the State of Nevada.   We have commenced limited operations, and have generated revenue of $7,569 to date.  We are still a development stage corporation. On January 30, 2007, we approved a nine (9) for one (1) forward stock split of our authorized, issued and outstanding shares of common stock. Tortuga amended its Articles of Incorporation by the filing of a Certificate of Change with the Nevada Secretary of State wherein it stated that it would issue nine shares for every one share of common stock issued and outstanding immediately prior to the effective date of the forward stock split. The change in the Articles of Incorporation was effected with the Nevada Secretary of State on March 1, 2007. As a result, the authorized capital increased from 25,000,000 to 225,000,000 shares of common stock with a par value of $0.001.








Effective March 15, 2010, the Company changed its name from Tortuga Mexican Imports Inc. to Jetblack Corp., by way of a merger with the Company’s wholly owned subsidiary Jetblack Corp., which was formed solely for the change of name.





Effective March 15, 2010, the Company effected a six (6) for one (1) new forward stock split of the Company’s authorized and issued and outstanding common stock. As a result, the Company’s authorized capital increased from 225,000,000 to 1,350,000,000 shares, and outstanding shares increased from 25,435,450 shares of common stock to 152,612,700 shares of common stock, all with a par value of $0.001. The stock split is presented retroactively in these financial statements.




2


Until March 15, 2010we had launched our e-commerce site on the Internet for the purpose of engaging in the business of selling jewelry and crafts online.  Our  website was located at www.shoptortuga.com. Our initial website was located at www.tortuga-imports.com.  Our jewelry was sold in select retail locations in Edmonton and Vancouver.




We also intended to distribute detailed catalogues of fine Mexican furniture and crafts to interior designers, retailers and decorators in the Province of Alberta, Canada.




After reviewing the competitive market place of jewelry and giving consideration to the influx of much cheaper jewelry goods from areas such as China and Indonesia, management decided it was in the best interest of the Company to change business focus.  Management has decided to commence work on developing an onlinereservation system to access numerous private jet aircraft, airports worldwide and a network of pre-approved, safety-checked operators.  Management believes a strong market opportunity exists to develop such a business.  Our name was changed to Jetblack Corp. to better reflect this change of business focus.




Properties




Our offices are located at Suite 219-10654 82nd Avenue SW, Edmonton, Alberta T6E 4A7. We conduct all of our executive and administrative functions and ship our products to our customers from this facility. Our office space is an office sharing arrangement being provided as an accommodation to us by a business associate of Ms. Avila.We are currently actively searching for new lease office and warehouse space. We will require a location that provides us with the space necessary for office administration. We anticipate locating a suitable facility in the near future. Our telephone number is (780) 710-9840.




History




From 1995 to 1997, Ms. Avila, one of our directors, traveled extensively throughout the country of Mexico.  During this time, Ms. Avila came in contact with various producers of fine furniture, jewelry and Mexican crafts.  Ms. Avila was impressed by the opportunity she saw to obtain exceptional Mexican furniture, jewelry and crafts and effect its reliable delivery to international buyers.  Initially Ms. Avila was traveling throughout Mexico in pursuit of personal purchases.  However, Ms. Avila soon realized that there was an opportunity to export these fine products abroad.  Ms. Avila cultivated relationships and contacts with various producers throughout Mexico.





We raised a total of $68,450 pursuant to our SB-2 registration statement, which was declared effective on February 22, 2005. We closed the offering on August 22, 2005. In October 2007, the Company received $15,000 for subscriptions for 450,000 shares of the Company’s common stock.   In November 2008, the Company received $15,000 for subscriptions of 450,000 shares.  These shares have not been issued.




3





On December 10, 2009 the Company received $25,000 for subscriptions for 1,500,000 shares.





Management did not purchase shares in either transaction. We remain a development stage enterprise.




Current Business Operations




We have recently changed operations.  We intend to develop an online reservation system to access to numerous private jet aircraft, airports worldwide and a network of pre-approved, safety-checked operators.  We intend to develop a booking engine, which will provide real-time availability of small jets available for charter in certain areas and select the best option from the inventory of aircraft.


Marketing, Advertising and Promotion




We intend to pursue strategic advertising and marketing campaigns.  We intend to implement an aggressive online advertising and marketing campaign to increase awareness of our new name and business plan to acquire new customers through multiple channels, including traditional and online advertising, direct marketing and expansion and strengthening of strategic relationships.  Initially, we will concentrate our efforts on the sale of private jet flight reservations on our e-commerce website which we have yet to complete.  We will seek to promote its website and attract visitors to it by becoming predominant on major search engines and banner advertisements on highly trafficked web sites that appeal to our target audience.  In addition, we will promote our website and our products by conventional advertising and marketing.




4


Product Research and Development




We do not anticipate that we will expend any significant funds on research and development over the twelve months ending February 28, 2011.




Employees




Currently there are no full time or part-time employees of our company. However, our president, Vanessa Avila, is a  consultant of our company. We do not expect an increase in the number of employees over the next 12 month period. If business is successful and we experience rapid growth, our current officers and directors may be required to hire new personnel to improve, implement and administer our operational, management, financial and accounting systems.




Purchase or Sale of Equipment




Other than purchasing computer and office equipment necessary for operating our business, we do not intend to purchase any significant equipment over the twelve months ending February 28, 2011.




RISK FACTORS




Much of the information included in this quarterly report includes or is based upon estimates, projections or other "forward-looking statements".  Such forward-looking statements include any projections or estimates made by us and our management in connection with our business operations.  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.  We undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of such statements. Such estimates, projections or other "forward-looking statements" involve various risks and uncertainties as outlined below.  We caution readers of this quarterly report that important factors in some cases have affected and, in the future, could materially affect actual results and cause actual results to differ materially from the results expressed in any such estimates, projections or other "forward-looking statements".  In evaluating us, our business and any investment in our business, readers should carefully consider the following factors.




We may not be able to obtain the financing and capital required to maintain and grow our business.




We have incurred a net loss of $8,582 for the six months ended February 28, 2010. As of February 28, 2010, we had an accumulated deficit of $129,255. There can be no assurance that we will generate significant revenues or achieve profitable operations. Our independent registered public accounting firm’s report on the August 31, 2009 financial statements included in our Form 10-K includes an explanatory paragraph which raises substantial doubt about our ability to continue as a going concern that our ability to continue our business is dependant upon our ability to obtain additional capital, among other things.




We are in the early stages of our growth and we have only just begun to earn significant revenue, which makes it difficult to evaluate whether we will operate profitably.




We are in the early stages of the growth of our company. As a result, we do not have a meaningful historical record of sales and revenues nor an established business track record. We have only recently begun to earn revenues.




Unanticipated problems, expenses and delays are frequently encountered in ramping up production and sales and developing new products, especially in the current stage of our business. Our ability to continue to successfully develop, produce and sell our products and to generate significant operating revenues will depend on our ability to, among other things:







•
successfully market, distribute and sell our products or enter into agreements with third parties to perform these functions on our behalf; and•
obtain the additional financing that may be required to fully implement our business plan.







5


Given our limited operating history, lack of long-term sales history and other sources of revenue, there can be no assurance that we will be able to achieve any of these goals and develop a sufficiently large customer base to be profitable.




The future of our company will depend upon our ability to continue to obtain adequate orders for our products and prompt payment for our products. To the extent that we cannot achieve our plans and generate revenues which exceed expenses on a consistent basis and in a timely manner, our business, results of operations, financial condition and prospects could be materially adversely affected.





We will depend on third party providers to deliver our products in a timely manner and as such we are subject to delays which are out of our control and may lead to a loss of business.




Our product distribution will rely on third-party aircraft providers. Lack of availability and other interruptions may delay the timely delivery of customer orders, and customers may refuse to purchase our products because of this loss of convenience.




Because our director has a foreign addresses this may create potential difficulties relating to service of process in the event that you wish to serve her with legal documents.




Our current director and officer is not a resident in the United States. Because our officer and director has foreign addresses this may create potential difficulties relating to the service of legal or other documents on any of them in the event that you wish to serve them with legal documents. This is because the laws related to service of process may differ between Canada and the US. Similar difficulties could not be encountered in serving the company, proper, since our registered address is located in the United States at 880 - 50 West Liberty Street, Reno, Nevada, 89501.




Because the SEC imposes additional sales practice requirements on brokers who deal in our shares which are penny stocks, some brokers may be unwilling to trade them. This means that you may have difficulty in reselling your shares and may cause the price of the shares to decline.




Our shares qualify as penny stocks and are covered by Section 15(g) of the Securities Exchange Act of 1934 which imposes additional sales practice requirements on broker/dealers who sell our securities in this offering or in the aftermarket. For sales of our securities, the broker/dealer must make a special suitability determination and receive from you a written agreement prior to making a sale to you. Because of the imposition of the foregoing additional sales practices, it is possible that brokers will not want to make a market in our shares. This could prevent you from reselling your shares and may cause the price of the shares to decline.




6


We need to continue as a going concern if our business is to succeed, if we do not we will go out of business.





Our independent accountant's report to our audited financial statements for the year ended August 31, 2009 indicates that there are a number of factors that raise substantial doubt about our ability to continue as a going concern.  Such factors identified in the report are our accumulated deficit since inception, our failure to attain profitable operations and our dependence upon adequate financing to pay our liabilities.  If we are not able to continue as a going concern, it is likely investors will lose their investments.




Ms. Avila owns more than 50% of the outstanding shares of our company, so she is able to decide who are the directors and you may not be able to elect any directors.




Ms. Avila owns more than 50% of the issued and outstanding shares of our company and because of this she is able to elect all of our directors and control our operations.




The loss of Ms. Vanessa Avila or other key management personnel would have an adverse impact on our future development and could impair our ability to succeed.




Our performance is substantially dependent upon the expertise of our President, Ms. Vanessa Avila, and other key management personnel, and our ability to continue to hire and retain personnel. Ms. Avila spends the majority of her working time working with our company. It may be difficult to find sufficiently qualified individuals to replace Ms. Avila or other key management personnel if we were to lose any one or more of them. The loss of Ms. Avila or any of our key management personnel could have a material adverse effect on our business, development, financial condition, and operating results.




We do not maintain “key person” life insurance on any of our directors or senior executive officers.




We do not expect to declare or pay any dividends.




We have not declared or paid any dividends on our common stock since our inception, and we do not anticipate paying any such dividends for the foreseeable future.




Plan of Operations - Next 12 Months




We commenced limited operations under our old business plan, and have generated revenue of $7,569 to date.  We are still a development stage corporation.




We have recently changed operations.  We intend to develop an online reservation system to access to numerous private jet aircraft, airports worldwide and a network of pre-approved, safety-checked operators.  We intend to develop a booking engine, which will provide real-time availability of small jets available for charter in certain areas and select the best option from the inventory of aircraft.  We have generated no revenue under our current business plan.




Over the next twelve months we intend to use funds to develop our new reservation platform and website and for general and administrative expenditures, as follows:




7


Estimated Funding Required During the Next Twelve Months





General and Administrative

$
30,000OperationsWebsite Development and Promotion


20,000Working Capital


20,000Total

$
70,000












Financial Condition, Liquidity and Capital Resources




Our principal capital resources have been through issuance of common stock and shareholder loans.




At February 28, 2010, there was a working capital deficit of $3,150.




At February 28, 2010, our total current assets were $13,645.




At February 28, 2010, our total current liabilities were $16,795.




For the six months ended February 28, 2010, we incurred expenditures of $8,582 and posted losses of $8,582. For the six months ending February 28, 2009, we incurred expenditures of  $8,566 and posted losses of $8,566.  From inception to February 28, 2010, we incurred losses of $129,255.  The principal components of the losses for the three months ended February 28, 2010, were administrative expenses and accounting and audit fees.




Operating expenses for the six months ending February 28, 2010, were $8,582. Operating expenses for the six months ending February 28, 2009 which were $8,566 Operating expenses since inception to February 28, 2010, were $135,491.




For the three months ended February 28, 2010, we incurred expenditures of $7,744 and posted losses of $7,744. For the three months ending February 28, 2009, we incurred expenditures of  $6,428 and posted losses of $6,428  From inception to February 28, 2010, we incurred losses of $129,255.  The principal components of the losses for the three months ended February 28, 2010, were administrative expenses and accounting and audit fees.




Operating expenses for the three months ending February 28, 2010, were $7,744. Operating expenses for the three months ending February 28, 2009 were $6,428. Operating expenses since inception to February 28, 2010, were $135,491.







At February 28, 2010, we had cash of $13,645. On December 10, 2009 the Company received $25,000 for subscriptions for 1,500,000 shares.





We will require additional financing before we generate significant revenues. We intend to raise the capital required to meet any additional needs through sales of our securities in secondary offerings or private placements.  We have no agreements in place to do this at this time. We completed a financing in 2005 which we raised $68,450 pursuant to an SB-2 registration statement, declared effective February 22, 2005, by selling 684,500 (pre-split) shares of common stock at a price of $0.10 per share. In October 2007, the Company received $15,000 for subscriptions for 450,000 shares of the Company’s common stock.  In November 2008, the Company received $15,000 for subscriptions of 450,000 shares.  These shares have not been issued.





We have recently changed operations.  We intend to develop an online reservation system to access to numerous private jet aircraft, airports worldwide and a network of pre-approved, safety-checked operators.  We intend to develop a booking engine, which will provide real-time availability of small jets available for charter in certain areas and select the best option from the inventory of aircraft.


8


There are no assurances that we will be able to obtain additional funds required for our continued operations. In such event that we do not raise sufficient additional funds by secondary offering or private placement, we will consider alternative financing options, if any, or be forced to scale down or perhaps even cease our operations.







APPLICATION OF CRITICAL ACCOUNTING POLICIES




Our unaudited financial statements and accompanying notes have been prepared in conformity with generally accepted accounting principles in the United States of America for interim financial statements.  Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses.  These estimates and assumptions are affected by management's application of accounting policies.  We believe that understanding the basis and nature of the estimates and assumptions involved with the following aspects of our financial statements is critical to an understanding of our financials.




Item 3.  Controls and Procedures.




As required by Rule 13a-15 under the Exchange Act, we have carried out an evaluation of the effectiveness of the design and operation of our company's disclosure controls and procedures as of the end of the period covered by this quarterly report, being February 28, 2010.  This evaluation was carried out under the supervision and with the participation of our company's management, including our company's president and chief executive officer.  Based upon that evaluation, our company's president and chief executive officer concluded that our company's disclosure controls and procedures are effective as at the end of the period covered by this report.  There have been no significant changes in our company's internal controls or in other factors, which could significantly affect internal controls subsequent to the date we carried out our evaluation.




Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our company's reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Securities and Exchange Commission's rules and forms.  Disclosure controls and procedures include, without limitation, controls and procedures  designed to ensure that information required to be disclosed in our company's reports filed under the Exchange Act is accumulated and communicated to management, including our company's president and chief executive officer as appropriate, to allow timely decisions regarding required disclosure.




There have been no changes in our internal controls over financial reporting during the most recently completed fiscal quarter that have materially affected or are reasonably likely to materially affect the Company’s internal control over financial reporting.









9







PART II  -  OTHER INFORMATION


Item 1.  Legal Proceedings.




We know of no material, existing 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




On December 10, 2009 the Company received $25,000 for subscriptions for 1,500,000 shares.




Item 3.  Defaults Upon Senior Securities




None




Item 4.  Submission of Matters to a Vote of Security Holders




None




Item 5.  Other Information




None




Item 6.  Exhibits.




Exhibits required by Item 601 of Regulation S-B


ExhibitNumber
Description3.1
Articles of Incorporation (incorporated by reference from our Registration Statement on Form SB-2, filed on February 4, 2003).3.2
By-laws (incorporated by reference from our Registration Statement on Form SB-2, filed on February 4, 2003).4.1
Specimen Stock Certificate (incorporated by reference from our Registration Statement on Form SB-2, filed on February 4, 2003).31.1
Section 302 Certification32.1
Section 906 Certification











SIGNATURES





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





JETBLACK CORP./s/ Vanessa AvilaDate:  April 19, 2010
Vanessa Avila, President and CEO (Principal Executive Officer) and Principal Accounting Officer











10