UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                 ---------------


                                    Form 10-Q


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

                 For the quarterly period ended March 31, 2010.

                                       or

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

                        For the transition period from to
                             ----------- ----------


                         Commission File No. -- 0-16335


                          Ridgefield Acquisition Corp.
        -----------------------------------------------------------------
        (Exact Name of Small Business Issuer as Specified in its Charter)


             Nevada                                       84-0922701
-------------------------------                     ----------------------
(State or other jurisdiction of                       (I.R.S. Employer
incorporation or organization)                      Identification Number)



         225 N.E. Mizner Boulevard, Suite 400 Boca Raton, Florida 33432
         --------------------------------------------------------------
               (Address of Principal Executive Office) (Zip Code)


                                 (561) 362-5385
               --------------------------------------------------
               (Registrant's telephone number including area code)



     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 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.
                                                            [X] Yes [ ] No

     Indicate by check mark whether the registrant has submitted electronically
and posted on its corporate Web site, if any, every Interactive Data File
required to be submitted and posted pursuant to Rule 405 of Regulation S-T
(Section 232.405 of this chapter) during the preceding 12 months (or for such
shorter period that the registrant was required to submit and post such files).
                                                            [X] Yes  [ ] No

<PAGE>

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

     Large accelerated filer [ ]               Accelerated filer         [ ]

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


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


     As of May 12, 2010, the issuer had 1,260,773 outstanding shares of common
stock.
























<PAGE>


                          RIDGEFIELD ACQUISITION CORP.

                                    FORM 10-Q



                                                                        Page

PART I   FINANCIAL INFORMATION                                            3

Item 1.  Financial Statements                                             3

         Consolidated Balance Sheets as of March 31, 2010
                 (unaudited) and December 31, 2009                        3

         Consolidated Statements of Operations and Comprehensive
                 Income (Loss) for the Three Months Ended
                 March 31, 2010 and 2009 (unaudited)                      4

         Consolidated Statements of Cash Flows for the Three
                 Months Ended March 31, 2010 and 2009 (unaudited)         5

         Notes to Condensed Consolidated Financial Statements             6

Item 2.  Management Discussion and Analysis of Financial Condition
         and Results of Operations                                       10

Item 4T. Controls and Procedures                                         13


PART II  OTHER INFORMATION                                               14

Item 1.  Legal Proceedings                                               14

Item 6.  Exhibits                                                        14

SIGNATURES                                                               16


                                        2
<PAGE>

                         PART I - FINANCIAL INFORMATION

Item 1. Financial Statements.


                   RIDGEFIELD ACQUISITION CORP. AND SUBSIDIARY

                           CONSOLIDATED BALANCE SHEETS
<TABLE>
<CAPTION>
                                                                      March 31,  December 31,
                                                                        2010        2009
                                                                    (Unaudited)   (Audited)
<S>                                                                 <C>          <C>

                                     ASSETS

CURRENT ASSETS
    Cash and cash equivalents                                       $   742,798  $   307,409

    Investments                                                         149,800      576,316
                                                                    -----------  -----------

TOTAL ASSETS                                                        $   892,598  $   883,725
                                                                    ===========  ===========


                      LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
   Accounts payable and accrued expenses                            $     5,575  $    13,076
                                                                    -----------  -----------
TOTAL CURRENT LIABILITIES                                                 5,575       13,076
                                                                    -----------  -----------


STOCKHOLDERS' EQUITY
   Preferred stock, $.01 par value; authorized - 5,000,000 shares,
           Issued - none                                                     --           --
   Common stock, $.001 par value; authorized - 30,000,000 shares,
          Issued and outstanding - 1,260,773 on March 31, 2010
          and 1,254,773 shares on December 31, 2009                       1,261        1,255
   Capital in excess of par value                                     2,272,883    2,263,889
    Accumulated deficit                                              (1,400,533)  (1,634,043)
    Accumulated other comprehensive gain                                 13,412      239,548
                                                                    -----------  -----------

TOTAL STOCKHOLDERS' EQUITY                                              887,023      870,649
                                                                    -----------  -----------

TOTAL LIABILITIES & STOCKHOLDERS' EQUITY                            $   892,598  $   883,725
                                                                    ===========  ===========
</TABLE>

          See accompanying notes to consolidated financial statements.

                                        3
<PAGE>

                   RIDGEFIELD ACQUISITION CORP. AND SUBSIDIARY
      CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
                                   (UNAUDITED)
<TABLE>
<CAPTION>
                                                              Three Months Ended
                                                                    March 31,
                                                             2010            2009
                                                         -----------     -----------
<S>                                                      <C>             <C>
REVENUES
   Investment income                                     $       144     $        85
   Realized gain on investments                              246,400              --
                                                         -----------     -----------
TOTAL REVENUES                                               246,544              85
                                                         -----------     -----------
OPERATING EXPENSES
   General and administrative                                 13,034          51,785
                                                         -----------     -----------
TOTAL EXPENSES                                                13,034          51,785
                                                         -----------     -----------

NET INCOME (LOSS)BEFORE TAXES                                233,510         (51,700)

INCOME TAXES                                                      --              --
                                                         -----------     -----------
NET INCOME(LOSS)                                             233,510         (51,700)
                                                         ===========     ===========
OTHER COMPREHENSIVE INCOME/(LOSS)
   Unrealized gain (loss)
       on securities                                        (226,136)        134,544
                                                         -----------     -----------
OTHER COMPREHENSIVE INCOME/(LOSS)                           (226,136)        134,544
                                                         -----------     -----------

COMPREHENSIVE INCOME/(LOSS)                              $     7,374     $    82,844
                                                         ===========     ===========

NET INCOME (LOSS) PER COMMON SHARE
   Basic and Dilutive                                    $       .19     $      (.04)
                                                         ===========     ===========


WEIGHTED AVERAGE NUMBER OF COMMON
   SHARES OUTSTANDING
    Basic and Dilutive                                     1,260,773       1,188,773
                                                         ===========     ===========
</TABLE>

          See accompanying notes to consolidated financial statements

                                        4
<PAGE>

                   RIDGEFIELD ACQUISITION CORP. AND SUBSIDIARY
                  INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)
<TABLE>
<CAPTION>
                                                              Three Months Ended
                                                           March 31        March 31
                                                             2010            2009
                                                          ---------       ---------
<S>                                                       <C>             <C>
CASH FLOWS FROM OPERATING ACTIVITIES
        Net (loss) income                                 $ 233,510       $ (51,700)
        Adjustment to reconcile net (loss) income
          to net cash used in operating activities
             Stock issued for professional services           9,000          27,000
             Realized gain on sales of investments         (246,400)           --
        Changes in assets and liabilities
             Decrease/increase in accounts payable
               and accrued expenses                          (7,502)            801
                                                          ---------       ---------

        Net Cash Used in Operating Activities               (11,392)        (23,899)
                                                          ---------       ---------

CASH FLOWS FROM INVESTING ACTIVITIES
        Proceeds from sale of investments                   446,781            --
                                                          ---------       ---------

        Net Cash Provided by Investing Activities           446,781            --
                                                          ---------       ---------


NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS        435,389         (23,899)

CASH AND CASH EQUIVALENTS, BEGINNING OF PERIODS             307,409         123,162
                                                          ---------       ---------

CASH AND CASH EQUIVALENTS, END OF PERIODS                 $ 742,798       $  99,263
                                                          =========       =========
</TABLE>

          See accompanying notes to consolidated financial statements.


                                        5
<PAGE>

                   RIDGEFIELD ACQUISITION CORP. AND SUBSIDIARY

              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS


NOTE 1 - ORGANIZATION AND BASIS OF PRESENTATION

     The unaudited condensed consolidated financial statements included herein
were prepared pursuant to the rules and regulations of the Securities and
Exchange Commission. Certain information and footnote disclosure normally
included in financial statements prepared in accordance with accounting
principles generally accepted in the United States of America have been
condensed or omitted pursuant to such rules and regulations. In the opinion of
management, disclosures made are adequate to make the information not
misleading. These condensed consolidated financial statements should be read in
conjunction with the financial statements and notes included in the Company's
Form 10-K for the year ended December 31, 2009.

     In the opinion of management, the interim data includes all normally
recurring adjustments, necessary for a fair presentation of the results for the
interim period. The results of operations for the interim periods are not
necessarily indicative of the results that may be expected for the fiscal year.


PRINCIPLES OF CONSOLIDATION

The consolidated financial statements of Ridgefield Acquisition Corp. include
the accounts of Bio-Medical Automation, Inc., its wholly-owned subsidiary. All
inter-company transactions have been eliminated in consolidation.

The accompanying financial statements as of March 31, 2010 and for the three
months then ended include the accounts of the Company and its wholly-owned
subsidiary.

As of March 31, 2010, the Company has no principal operations or revenue from
its operations. The Company is now pursuing an acquisition strategy whereby it
is seeking to arrange for a merger, acquisition or other business combination
with a viable operating entity.


ASSETS AND LIABILITIES MEASURED AT FAIR VALUE

Fair value measurements should be determined based on the assumptions that
market participants would use in pricing the asset or liability. A fair value
hierarchy has been established that distinguishes between market participant
assumptions based on market data obtained from sources independent of the
reporting entity (observable inputs that are classified within Levels 1 and 2 of
the hierarchy) and the reporting entity's own assumptions about market
participant assumptions (unobservable inputs classified within Level 3 of the
hierarchy).


                                        6
<PAGE>

                   RIDGEFIELD ACQUISITION CORP. AND SUBSIDIARY

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


            ASSETS AND LIABILITIES MEASURED AT FAIR VALUE (continued)

Level 1 inputs utilize quoted prices (unadjusted) in active markets for
identical assets or liabilities that the Company has the ability to access.
Level 2 inputs are inputs other than quoted prices included in Level 1 that are
observable for the asset or liability, either directly or indirectly. Level 2
inputs may include quoted prices for similar assets and liabilities in active
markets, as well as inputs that are observable for the asset or liability (other
than quoted prices), such as interest rates, foreign exchange rates, and yield
curves that are observable at commonly quoted intervals. Level 3 inputs are
unobservable inputs for the asset or liability which are typically based on an
entity's own assumptions, as there is little, if any, related market activity.
In instances where the determination of the fair value measurement is based on
inputs from different levels of the fair value hierarchy, the level in the fair
value hierarchy within which the entire fair value measurement falls is based on
the lowest level input that is significant to the fair value measurement in its
entirety. The Company's assessment of the significance of a particular input to
the fair value measurement in its entirety requires judgment, and considers
factors specific to the asset liability.


NOTE 2 - GOING CONCERN

The accompanying consolidated financial statements have been prepared on the
basis of accounting principles applicable to a going concern which contemplates
the realization of assets and extinguishment of liabilities in the normal course
of business. As shown in the accompanying consolidated financial statements, the
Company has accumulated a deficit of $1,400,533 through March 31, 2010. As of
March 31, 2010, the Company has no principal operations or revenue producing
activities.

These factors indicate that the Company may be unable to continue in existence.
The Company's financial statements do not include any adjustments related to the
carrying value of assets or the amount and classification of liabilities that
might be necessary should the Company be unable to continue in existence. The
Company's ability to establish itself as a going concern is dependent on its
ability to merge with another entity or acquire revenue producing activities.


NOTE 3 - NEW ACCOUNTING STANDARDS

There are no new accounting standards that are expected to have a significant
impact on the Company.


                                        7
<PAGE>

                   RIDGEFIELD ACQUISITION CORP. AND SUBSIDIARY

              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS



NOTE 4 - RELATED PARTY TRANSACTIONS

The Company occupies a portion of the premises occupied by BKF Capital Group,
Inc. at 225 N.E. Mizner Boulevard, Suite 400 Boca Raton, Florida 33432 on a
month to month basis for a monthly fee of $100 per month paid to BKF Capital
Group, Inc. Steven N. Bronson, the Company's president, is the president of BKF
Capital Group, Inc.

On March 28, 2006, the Company entered into an employment agreement with Mr.
Bronson, that provides Mr. Bronson will serve as President of the Company
without an annual salary.

Pursuant to the Consulting Agreement, dated June 6, 2008, between the Company
and Catalyst Financial, LLC, during the three months ended March 31, 2010, the
Company issued Catalyst Financial an aggregate amount of 6,000 shares of the
Company's common stock. The expense related to the issuance of these shares was
$9,000. The agreement expired on January 31, 2010.


NOTE 5 - INVESTMENTS

Investments are classified as available for sale. Accordingly, the investments
are carried at fair value with unrealized gains and losses reported separately
in other comprehensive income. Realized gains and losses are calculated using
the original cost of those investments. On June 1, 2007, the Company purchased
57,500 shares of Argan, Inc., a publicly traded holding company, at a price of
$5.40 per share or $311,082. Between April 9, 2009 and April 15, 2009, the
Company sold an aggregate amount of 17,500 shares of Argan for gross proceeds of
approximately $267,116. On July 24, 2009, the Company sold 2,354 of Argan shares
for gross proceeds of approximately $37,613. On December 30, 2009, the Company
sold 10,000 shares of Argan for gross proceeds of approximately $139,871 and on
December 31, 2009, the Company sold 2,500 shares of Argan for gross proceeds of
approximately $35,449. Between January 4, 2010 and January 14, 2010, the Company
sold the remaining 25,146 shares of Argan for gross proceeds of approximately
$365,845.

On July 2, 2009 the Company purchased 50,000 shares of common stock of FCStone
Group, Inc, at a price of $4.0015 a share or $200,575. On October 1, 2009, the
previously announced merger between International Assets Holding Corporation
("IAAC") and FCStone was completed and each outstanding share of FCStone was
exchanged for .2950 shares of IAAC. Accordingly, on October 1, 2009, the Company
received 14,750 share of IAAC in exchange for its 50,000 shares of FCStone. On
March 10, 2010, the Company sold 4,750 shares of IAAC for gross proceeds of
approximately $80,936. Subsequent to the quarter ending March 31, 2010, the
Company sold the remaining 10,000 shares in IAAC for gross proceeds of
approximately $162,121.

The valuation of such stock is based on quoted prices (unadjusted) and as a
result the investments are classified within Level 1 of the fair-value
hierarchy.


                                        8
<PAGE>

                   RIDGEFIELD ACQUISITION CORP. AND SUBSIDIARY

              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS



NOTE 6 - ASSETS AND LIABILITIES MEASURED AT FAIR VALUE

Money Market Funds

The table below presents the Company's assets and liabilities measured at fair
value on a recurring basis as of March 31, 2010, aggregated by the level in the
fair value hierarchy within which those measurements fall.

Assets and Liabilities Measured at Fair Value on a Recurring Basis at March 31,
30, 2010:

                                                                   Balance at
Assets                         Level 1    Level 2   Level 3     March 31, 2010
                               -------------------------------------------------
Marketable Equity Securities   $149,800   $   --    $    --         $149,800

Money Market Funds             $742,798   $   --    $    --         $742,798

The Company does not have any fair value measurements within Level 2 or Level 3
of the fair value hierarchy as of March 31, 2010.


NOTE 7 - INCOME TAXES

The estimate of the effective tax rate is based on projections of income taxes
for the full fiscal year. The estimated expense for the period ended March 31,
2010 did not result in a recorded tax provision due to the availability of net
operating loss carryforwards.


NOTE 8 - SUBSEQUENT EVENTS

On April 21, 2010, the Company sold the remaining 10,000 shares of IAAC for
gross proceeds of approximately $162,121.


                                       9
<PAGE>

Item 2.   Management's Discussion and Analysis of Financial Condition and
          Results of Operations


Forward Looking Statements Disclosure
-------------------------------------

This Quarterly Report on Form 10-Q contains certain statements that are not
historical facts, including, most importantly, information concerning possible
or assumed future results of operations of Ridgefield Acquisition Corp. (the
"Company") and statements preceded by, followed by or that include the words
"may," "believes," "expects," "anticipates," or the negation thereof, or similar
expressions, which constitute "forward-looking statements" within the meaning of
the Section 27A of the Securities Act of 1933 and Section 21E (the "Reform Act")
of the Securities Exchange Act of 1934 (the "Exchange Act"). For those
statements, the Company claims the protection of the safe harbor for
forward-looking statements contained in the Reform Act. These forward-looking
statements are based on the Company's current expectations and are susceptible
to a number of risks, uncertainties and other factors, including the risks
specifically enumerated in Company's Annual Report on Form 10-K for the year
ended December 31, 2009, and the Company's actual results, performance and
achievements may differ materially from any future results, performance or
achievements expressed or implied by such forward-looking statements. The
Company will not undertake and specifically declines any obligation to publicly
release the result of any revisions, which may be made to any forward-looking
statements to reflect events or circumstances after the date of such statements
or to reflect the occurrence of anticipated or unanticipated events. In
addition, it is the Company's policy generally not to make any specific
projections as to future earnings, and the Company does not endorse any
projections regarding future performance that may be made by third parties.

     The following discussion and analysis provides information which the
Company's management believes to be relevant to an assessment and understanding
of the Company's results of operations and financial condition. This discussion
should be read together with the Company's financial statements and the notes to
financial statements, which are included in this report, as well as the
Company's Annual Report on Form 10-K for the year ended December 31, 2009.


Acquisition Strategy
--------------------

     The Company's plan of operation is to arrange for a merger, acquisition,
business combination or other arrangement by and between the Company and a
viable operating entity. The Company has not identified a viable operating
entity for a merger, acquisition, business combination or other arrangement, and
there can be no assurance that the Company will ever successfully arrange for a
merger, acquisition, business combination or other arrangement by and between
the Company and a viable operating entity.


                                       10
<PAGE>

     The Company anticipates that the selection of a business opportunity will
be a complex process and will involve a number of risks, because potentially
available business opportunities may occur in many different industries and may
be in various stages of development. Due in part to depressed economic
conditions in a number of geographic areas, rapid technological advances being
made in some industries and shortages of available capital, management believes
that there are numerous firms seeking either the limited additional capital
which the Company will have or the benefits of a publicly traded corporation, or
both. The perceived benefits of a publicly traded corporation may include
facilitating or improving the terms upon which additional equity financing may
be sought, providing liquidity for principal shareholders, creating a means for
providing incentive stock options or similar benefits to key employees,
providing liquidity for all shareholders and other factors.

     In some cases, management of the Company will have the authority to effect
acquisitions without submitting the proposal to the shareholders for their
consideration. In some instances, however, the proposed participation in a
business opportunity may be submitted to the shareholders for their
consideration, either voluntarily by the Board of Directors to seek the
shareholders' advice and consent, or because of a requirement of state law to do
so.

     In seeking to arrange a merger, acquisition, business combination or other
arrangement by and between the Company and a viable operating entity,
management's objective will be to obtain long-term capital appreciation for the
Company's shareholders. There can be no assurance that the Company will be able
to complete any merger, acquisition, business combination or other arrangement
by and between the Company and a viable operating entity.

     The Company may need additional funds in order to effectuate a merger,
acquisition or other arrangement by and between the Company and a viable
operating entity, although there is no assurance that the Company will be able
to obtain such additional funds, if needed. Even if the Company is able to
obtain additional funds there is no assurance that the Company will be able to
effectuate a merger, acquisition or other arrangement by and between the Company
and a viable operating entity.


Investment Strategy
-------------------

     On August 25, 2003, the Board of Directors of the Company authorized the
Company to invest a portion of the Company's cash in marketable securities in an
effort to realize a greater rate of return than the Company had been earning in
light of historically low interest rates. The Board directed that management
maintain at least $40,000 of the Company's cash in a federally insured bank or
money market account. The Company presently does not hold any securities of any
publicly traded company.

     On June 1, 2007, the Company purchased 57,500 shares of Argan, Inc., a
publicly traded holding company, at a price of $5.40 per share or $311,082.
Between April 9, 2009 and April 15, 2009, the Company sold an aggregate amount
of 17,500 shares of Argan for gross proceeds of Approximately $267,116. On July
24, 2009, the Company sold 2,354 of Argan shares for gross proceeds of
approximately $37,613. On December 30, 2009, the Company sold 10,000 shares of
Argan for gross proceeds of approximately $139,871 and on December 31, 2009, the
Company sold 2,500 shares of Argan for gross proceeds of approximately $35,449.
Between January 4, 2010 and January 14, 2010, the Company sold the remaining
25,146 shares of Argan for a gross proceeds of approximately $365,845. As of
March 31, 2010, the Company did not hold any shares of Argan.


                                       11
<PAGE>

     On July 2, 2009 the Company purchased 50,000 shares of common stock of
FCStone Group, Inc, at a price of $4.0015 a share or $200,575. On October 1,
2009, the previously announced merger between International Assets Holding
Corporation ("IAAC") and FCStone was completed and each outstanding share of
FCStone was exchanged for .2950 shares of IAAC. Accordingly, on October 1, 2009,
the Company received 14,750 share of IAAC in exchange for its 50,000 shares of
FCStone. On March 10, 2010, the Company sold 4,750 shares of IAAC for gross
proceeds of approximately $80,936. As of March 31, 2010, the Company held 10,000
shares of IAAC.

     While the Company endeavors to invest in securities that have a potential
for gain, there can be no assurances that the Company will not suffer losses
based on its Investment Strategy.


Subsequent Event
----------------

     On April 21, 2010, the Company sold the remaining 10,000 shares of IAAC for
gross proceeds of approximately $162,121.


Results of Operations
---------------------

     For the three months ended March 31, 2010, the Company has not earned any
revenues, except for interest income of $144 and realized gains of $246,400 from
the sale of shares of Argan and IAAC stock. For the same period the Company
incurred general and administrative expenses of $13,034 resulting in a net gain
from operations equal to $233,510. General and administrative expenses for the
three months ended March 31, 2010 consisted of costs associated primarily with
our agreement with Catalyst Financial.


Liquidity and Capital Resources
-------------------------------

     During the three months ended March 31, 2010, the Company satisfied its
working capital needs from cash on hand, cash generated from interest income
during the year and gains from investments. As of March 31, 2010, the Company
had cash and cash equivalents on hand in the amount of $742,798 and the Company,
held 10,000 shares of IAAC common stock valued at $149,800.

     The Company's future financial condition will be subject to: (1) its
ability to arrange for a merger, acquisition or a business combination with an
operating business on favorable terms that will result in profitability. There
can be no assurance that the Company will be able to do so or, if it is able to
do so, that the transaction will be on favorable terms not resulting in an
unreasonable amount of dilution to the Company's existing shareholders.


                                       12
<PAGE>

     The Company may need additional funds in order to effectuate a merger,
acquisition or other arrangement by and between the Company and a viable
operating entity, although there is no assurance that the Company will be able
to obtain such additional funds, if needed. Even if the Company is able to
obtain additional funds there is no assurance that the Company will be able to
effectuate a merger, acquisition or other arrangement by and between the Company
and a viable operating entity.


Item 4T. Controls and Procedures

     We maintain "disclosure controls and procedures," as defined in Rules
13a-15(e) and 15d-15(e) under the Exchange Act, that are designed to ensure that
information required to be disclosed by us in reports we file or submit under
the Exchange Act is recorded, processed, summarized and reported within the time
periods specified in the SEC's rules and forms, and that such information is
accumulated and communicated to our principal executive officer to allow timely
decisions regarding required disclosure.

     Evaluation of disclosure and controls and procedures.

     As of March 31, 2010, the Company carried out an evaluation, under the
supervision and with the participation of our Principal Executive Officer, of
the effectiveness of the design and operation of the Company's disclosure
controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the
Exchange Act). Based on the evaluation, the Company's Principal Executive
Officer has concluded that the Company's disclosure controls and procedures are
designed to provide reasonable assurance that information required to be
disclosed by the Company in the reports that it files or submits under the
Exchange Act is recorded, processed, summarized and reported within the time
periods specified in the SEC's rules and forms and are operating in an effective
manner.

     Changes in internal controls over financial reporting.

     There have been no changes in Company's internal control over financial
reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act)
that occurred during Company's most recent quarter that has materially affected,
or is reasonably likely to materially affect, Company's internal control over
financial reporting.

     It should be noted that any system of controls, however well designed and
operated, can provide only reasonable, and not absolute, assurance that the
objectives of the system are met. In addition, the design of any control system
is based in part upon certain assumptions about the likelihood of future events.
Because of these and other inherent limitations of control systems, there is
only reasonable assurance that the Company's controls will succeed in achieving
their stated goals under all potential future conditions.


                                       13
<PAGE>

                           PART II - OTHER INFORMATION

Item 1. Legal Proceedings

     During the quarter ended March 31, 2010, the Company was not a party to any
material legal proceedings.


Item 5. Other Information

     On June 6, 2008, the Company entered into an agreement with Catalyst
Financial LLC ("Catalyst Financial"), a full service securities brokerage,
investment banking and consulting firm, owned by Steven N. Bronson, the
President and Chairman of the Company. (the "Consulting Agreement"). Pursuant to
the Consulting Agreement, Catalyst Financial agreed to provide consulting
services to the Company relating to the management and administration of the
Company's business affairs and in connection with the Company's acquisition
strategy.

     In consideration for the consulting services rendered and to be rendered by
the Catalyst Financial, the Company shall: (1) pay Catalyst Financial a monthly
fee in the amount of $5,000 commencing on June 6, 2008 and continuing thereafter
on the first day of each successive month until January 1, 2010, and (2) the
Company shall issue Catalyst Financial a total of 120,000 shares of the
Company's common stock, $.001 par value (the "Shares"). The Shares shall be
issued to Catalyst Financial and shall vest at a rate of 6,000 shares per month
commencing on June 30, 2008 and an additional 6,000 shares shall vest on the
last day of each successive month thereafter until January 31, 2010. The above
is just a summary of the Consulting Agreement, readers are referred to the
actual Consulting Agreement for all of its terms and conditions. A copy of the
Consulting Agreement is attached as Exhibit 10.19 to the Company's Form 8-K,
dated June 9, 2008.

     Pursuant to the Consulting Agreement, during the three months ended March
31, 2010, the Company paid Catalyst Financial $5,000 on January 1, 2010 and
issued Catalyst Financial an aggregate amount of 6,000 shares of the Company's
common stock on January 31, 2010, respectively. The Consulting Agreement
terminated on January 31, 2010.


Item 6. Exhibits

     The following exhibits are hereby filed as part of this Quarterly Report on
Form 10-Q or incorporated herein by reference.

3.1       Articles of Incorporation, incorporated by reference to Registration
          Statement No. 33-13074-D as Exhibit 3.1.

3.2       Amended Bylaws adopted June 1, 1987, incorporated by reference to
          Annual Report on Form 10-K for the fiscal year ended December 31, 1987
          as Exhibit 3.2.


                              14
<PAGE>

3.4       Articles of Amendment to Restated Articles of Incorporation
          dated March 7,1991. Incorporated by reference to Annual Report
          on Form 10-K for fiscal year ended December 31, 1990 as Exhibit 3.4.

3.5       Articles of Amendment to Restated Articles of Incorporation dated
          March 17, 1999, incorporated by reference to the Company's Current
          Report on Form 8-K reporting an event of March 9, 1999.

3.6       Articles of Incorporation of Bio-Medical Automation, Inc. a Nevada
          corporation, the Company's wholly owned subsidiary.

3.7       By-laws of Bio-Medical Automation, Inc. a Nevada corporation, the
          Company's wholly owned subsidiary.

10.1      OEM Purchase Agreement dated January 15, 1990, between the Company and
          Ariel Electronics, Inc. incorporated by reference to Annual Report on
          Form 10-K for the fiscal year ended December 31, 1989 as Exhibit 10.1.

10.2      Form of Convertible Promissory Note, 12/30/93 Private Placement
          incorporated by reference to Annual Report on Form 10-KSB for the
          fiscal year ended December 31, 1993 as Exhibit 10.2.

10.3      Form of Non-Convertible Promissory Note, 12/30/93 Private Placement
          incorporated by reference to Annual Report on Form 10-KSB for the
          fiscal year ended December 31, 1993 as Exhibit 10.3.

10.4      Form of Note Purchaser Warrant Agreement and Warrant, 12/30/93 Private
          Placement incorporated by reference to Annual Report on Form 10-KSB
          for the fiscal year ended December 31, 1993 as Exhibit 10.4.

10.5      Form of Promissory Note, April 1, 1996.

10.6      Form of Security Agreement, April 1, 1996.

10.7      Form of Common Stock Purchase Warrant, April 1, 1996.

10.8      Form of Promissory Note, July 1, 1996.

10.9      Form of April 1, 1996 Promissory Note Extension, October 17, 1996.

10.10     Form of Common Stock Purchase Warrant, October 10, 1996.

10.11     Asset Purchase Agreement with JOT incorporated by reference to Form
          8-K reporting an event of November 4, 1998, and amendment thereto
          incorporated by reference to Form 8-K reporting an event of December
          15, 1998.

10.12     Stock Purchase Agreement, between Bio-Medical Automation, Inc. and
          Steven N. Bronson, incorporated by reference to the Current Report on
          Form 8-K filed on April 6, 2000.

10.13     Employment Agreement between Bio-Medical Automation, Inc. and Steven
          N. Bronson, dated as of March 24, 2001, incorporated by reference to
          Quarterly Report on Form 10-QSB for the quarter ended March 31, 2001.


                                       15
<PAGE>

10.14     Mergers and Acquisitions Advisory Agreement, dated as of November 13,
          2001, between Bio-Medical Automation, Inc. and Catalyst Financial LLC
          incorporated by reference to the Annual Report on Form 10-KSB for the
          year ended December 31, 2001.

10.15     Mergers and Acquisitions Advisory Agreement, dated as of April 1,
          2005, between Ridgefield Acquisition Corp. and Catalyst Financial LLC.

10.16     Appointment of Atlas Stock Transfer Agent Corporation as the transfer
          Agent for Ridgefield Acquisition Corp.

10.17     Employment Agreement between Ridgefield Acquisition Corp. and Steven
          N. Bronson, dated as of March 28, 2006.

10.18     Addendum, dated as of February 1, 2006, to Mergers and Acquisitions
          Advisory Agreement, dated as of April 1, 2005, between Ridgefield
          Acquisition Corp. and Catalyst Financial LLC.

14        Code of Ethics

31*       President's Written Certification Of Financial Statements Pursuant to
          Section 302 of the Sarbanes-Oxley Act of 2002.

32*       President's Written Certification Of Financial Statements Pursuant to
          18 U.S.C. Statute 1350.

--------------------------------
*    Filed herewith


                                   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.

     Dated: May 12, 2010

                                         RIDGEFIELD ACQUSITION CORP.


                                     By: /s/ Steven N. Bronson
                                         ------------------------------------
                                         Steven N. Bronson, President
                                         (Principle Executive Officer),
                                         as Registrant's duly authorized
                                         officer


                                       16
<PAGE>

                                  EXHIBIT INDEX


The following Exhibits are filed herewith:

Exhibit
Number     Description of Document
------     -----------------------

  31         President's Statement Pursuant to Section 302 of the Sarbanes-Oxley
             Act of 2002.

  32         President's Written Certification Of Financial Statements Pursuant
             to 18 U.S.C. Statute 1350.
























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