**UNITED
      STATES**


**SECURITIES
      AND EXCHANGE COMMISSION**


**WASHINGTON,
      D.C. 20549**





**FORM
      10-QSB**





x
            QUARTERLY
                REPORT UNDER SECTION 13 OR 15 (d) OF THE SECURITIESEXCHANGE
                ACT OF 1934




For
      Quarter Ended: June 30, 2007; or





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





For
      the
      transition period _________ to __________




Commission
      File Number: 0-52561




**American
      Resources and Development Company**


(Exact
      name of Registrant as specified in its charter)





**UTAH**
            
            **87-0401400**(State
                or other Jurisdiction of
            
            (IRS
                Employerof
                Incorporation or
                Organization)
            
            Identification
                No.)




**5891
                Sagewood, Murray,
                UT**
            
            **84107**(Address
                of principal executive
                offices)
            
            (Zip
                Code)




**(801)
      230-1030**


(Issuer’s
      telephone number, including area code)





Check
      whether the issuer (1) 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 a registrant was required to file such reports), and
      (2) has been subject to such filing requirements for the past 90
      days.  Yes
o   No
x




Indicate
      by check mark whether the registrant is a shell company (as defined in Rule
      12b-2 of the Exchange Act).


Yes oNo
x





As
      of
      December 20, 2007, there were 467,039,666 shares of the issuer's Common Stock,
      $0.001 par value, issued and outstanding.




Transitional
      Small Business Disclosure Format  Yes o  No x








**AMERICAN
      RESOURCES and DEVELOPMENT COMPANY AND SUBSIDIARIES**


**Report
      on Form 10-QSB**


**PART
                  I - FINANCIAL INFORMATION**Item
                  1.
              Financial
                  Statements
              Page
                  3Item
                  2.
              Management's
                  Discussion and Analysis or Plan or Operations
              Page
                    9Item
                  3.
              Controls
                  and Procedures
              Page
                    10**PART
                  II - OTHER INFORMATION**Item
                  1.
              Legal
                  Proceedings
              Page
                    11Item
                  2.
              Unregistered
                  Sales of Equity Securities and Use of Proceeds
              Page
                      11Item
                  3.
              Defaults
                  Upon Senior Securities
              Page
                      11Item
                  4.
              Submission
                  of matters to a Vote of Security Holders
              Page
                      11Item
                  5.
              Other
                  Information
              Page
                      11Item
                  6.
              Exhibits
              Page
                      11




Page
          2




**PART
      I - FINANCIAL INFORMATION**





**ITEM
      1. FINANCIAL STATEMENTS.**


**AMERICAN
                  RESOURCES AND DEVELOPMENT COMPANY AND
                  SUBSIDIARIES**Consolidated
                  Balance Sheets
  June
                  30,
              
              March
                  31,2007
              
              2007(Unaudited)ASSETSCURRENT
                  ASSETSCash
              
              $
              28,351
              
              $
              1,865,852Investments
              
              
              1,581,237
              
              
              -Notes
                  receivable
              
              
              500,000
              
              
              1,025,591Notes
                  receivable - related parties
              
              
              834,000
              
              
              200,000Total
                  Current Assets
              
              
              2,943,588
              
              
              3,091,443TOTAL
                  ASSETS
              
              $
              2,943,588
              
              $
              3,091,443LIABILITIES
                  AND STOCKHOLDERS' EQUITY (DEFICIT)CURRENT
                  LIABILITIESAccounts
                  payable and accrued expenses
              
              $
              33,811
              
              $
              2,913Notes
                  payable
              
              
              -
              
              
              -Total
                  Current Liabilities
              
              
              33,811
              
              
              2,913LONG-TERM
                  LIABILITIESNotes
                  payable
              
              
              1,526,514
              
              
              1,526,514Total
                  Long Term Liabilities
              
              
              1,526,514
              
              
              1,526,514TOTAL
                  LIABILITIES
              
              
              1,560,325
              
              
              1,529,427STOCKHOLDERS'
                  EQUITY (DEFICIT)Common
                  stock; $0.01 par value; 500,000,000shares
                  authorized; 467,039,666 sharesissued
                  and outstanding
              
              
              467,040
              
              
              467,040Additional
                  paid-in capital
              
              
              11,553,822
              
              
              11,553,822Accumulated
                  deficit
              
              
              (10,637,599
              )
              
              (10,458,846
              )Total
                  Stockholders' Equity (Deficit)
              
              
              1,383,263
              
              
              1,562,016TOTAL
                  LIABILITIES ANDSTOCKHOLDERS'
                  EQUITY (DEFICIT)
              
              $
              2,943,588
              
              $
              3,091,443


The
        accompanying notes are an integral part of these financial
        statements.
  Page
            3


**AMERICAN
                  RESOURCES AND DEVELOPMENT COMPANY AND
                  SUBSIDIARIES**Consolidated
                  Statements of Operations(Unaudited)
  For
                  the Three Months EndedJune
                  30,2007
              
              2006REVENUES
              
              $
              -
              
              $
              94,331COST
                  OF SALES
              
              
              -
              
              
              -GROSS
                  PROFIT
              
              
              -
              
              
              94,331EXPENSESGeneral
                  and administrative
              
              
              8,366
              
              
              139,151Total
                  Expenses
              
              
              8,366
              
              
              139,151OPERATING
                  LOSS
              
              
              (8,366
              )
              
              (44,820
              )OTHER
                  INCOME (EXPENSES)Interest
                  expense
              
              
              (26,714
              )
              
              (11,114
              )Loss
                  on investments
              
              
              (143,673
              )
              
              -.Total
                  Other Income (Expense)
              
              
              (170,387
              )
              
              (11,114
              )NET
                  INCOME (LOSS)
              
              $
              (178,753
              )
              $
              (55,934
              )BASIC
                  LOSS PER SHARE
              
              $
              (0.00
              )
              $
              (0.00
              )WEIGHTED
                  AVERAGENUMBER
                  OF SHARESOUTSTANDING
              
              
              466,770,406
              
              
              466,770,406
  The
                  accompanying notes are an integral part of these financial
                  statements.




Page
          4


**AMERICAN
                  RESOURCES AND DEVELOPMENT COMPANY AND
                  SUBSIDIARIES**Consolidated
                  Statements of Cash Flows(Unaudited)
  For
                  the Three Months EndedJune
                  30,2007
              
              2006CASH
                  FLOWS FROM OPERATING ACTIVITIESNet
                  income (loss)
              
              $
              (178,753
              )
              $
              (55,934
              )Adjustments
                  to reconcile net loss to net cashprovided
                  (used) by operating activities:Depreciation
              
              
              -
              
              
              2,245Loss
                  on investments
              
              
              143,673
              
              
              -Changes
                  in operating assets and liabilitiesIncrease
                  in accounts receivable
              
              
              -
              
              
              73,293Increase
                  (decrease) in accounts payableand
                  accrued expenses
              
              
              30,988
              
              
              10,636Net
                  Cash Used by Operating Activities
              
              
              (4,092
              )
              
              30,240CASH
                  FLOWS FROM INVESTING ACTIVITIESCash
                  paid for investments
              
              
              (1,725,000
              )
              
              -Net
                  Cash Provided by Investing Activities
              
              
              (1,725,000
              )
              
              -CASH
                  FLOWS FROM FINANCING ACTIVITIESPayments
                  on notes receivable
              
              
              (108,409
              )
              
              180,750Proceeds
                  from long-term debt - related party
              
              
              -
              
              
              (3,254
              )Net
                  Cash Provided byFinancing
                  Activities
              
              
              (108,409
              )
              
              177,496NET
                  DECREASE IN CASH
              
              
              (1,837,501
              )
              
              207,736CASH
                  AT BEGINNING OF PERIOD
              
              
              1,865,852
              
              
              607,869CASH
                  AT END OF PERIOD
              
              $
              28,351
              
              $
              815,605CASH
                  PAID FOR:Interest
              
              $
              -
              
              $
              -Income
                  Taxes
              
              $
              -
              
              $
              -SUPPLIMENTAL
                  SCHEDULE OF NON-CASH ANDINVESTING
                  ACTIVITIESAcquisition
                  of notes receivable and assumptionof
                  long-term debt payable to related parties
              
              $
              -
              
              $
              -




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


Page
          5


AMERICAN
        RESOURCES AND DEVELOPMENT COMPANY AND SUBSIDIARIES
 Notes
        to
        the Consolidated Financial Statements




NOTE
      1
      -  BASIS
      OF
      FINANCIAL STATEMENT PRESENTATION





The
      accompanying unaudited condensed financial statements have been prepared by
      the
      Company pursuant to the rules and regulations of the Securities and Exchange
      Commission. Certain information and footnote disclosures normally included
      in
      financial statements prepared in accordance with accounting principles generally
      accepted in the United States of America have been condensed or omitted in
      accordance with such rules and regulations. The information furnished in the
      interim condensed financial statements includes normal recurring adjustments
      and
      reflects all adjustments, which, in the opinion of management, are necessary
      for
      a fair presentation of such financial statements. Although management believes
      the disclosures and information presented are adequate to make the information
      not misleading, it is suggested that these interim condensed financial
      statements be read in conjunction with the Company's most recent audited
      financial statements and notes thereto included in its March 31, 2007 Annual
      Report on Form 10-KSB of the Company. Operating results for the three months
      ended June 30, 2007 are not necessarily indicative of the results that may
      be
      expected for the year ending March 31, 2008.





NOTE
      2 -  SIGNIFICANT
      ACCOUNTING POLICIES





a.
      Organization





The
        accompanying consolidated financial statements include those of American
        Resources and Development Company, a Utah Corporation (the Company) and its
        wholly-owned subsidiary, Springfield Finance and Mortgage Company, LLC, a
        Utah
        limited liability company (SFMC). In addition, the consolidated financial
        statements include those of Springfield Investment, Inc., a Nevadacorporation (SFIC) and Springfield Construction, LLC, a Utah limited
        liability company (SFCC). Both SFIC and SFCC, although not majority owned
        by the
        Company, have been determined to be “Variable Interest Entities” pursuant to FIN
        46 and have therefore been consolidated in these financial statements. All
        inter-company items and transactions have been eliminated in consolidation.





The
        Company was formed on March 21, 1983 and until 2007 was in the business of
        providing debt financing to other entities involved in the development of
        residential real estate through its SFMC subsidiary. The Company obtained
        the
        capital for the financing of real estate development from outside sources
        as
        well as certain majority shareholders. Since March 2007 the Company has changed
        its primary strategic focus to that of making and maintaining short-term
        investments in the
        S
& P Futures Options market. The Company acquired 100% of the members’
interest in SFMC through the issuance of 12,500,000 shares of its
        restricted
        common stock, and was accounted for under FASB Statement # 141, “Business
        Combinations.”





b.
      Accounting Method





The
      Company’s consolidated financial statements are prepared using the accrual
      method of accounting. The Company has elected a March 31 year-end.





Page
          6


AMERICAN
        RESOURCES AND DEVELOPMENT COMPANY AND SUBSIDIARIES
 Notes
        to
        the Consolidated Financial Statements




NOTE
      2 -  SIGNIFICANT
      ACCOUNTING POLICIES (Continued)





c.
      Recognition of Revenues





Revenues
      (interest and fee income, and profit sharing) are recorded using agreed-upon
      market interest rates and accrued on a per-diem basis from the date of
      disbursement, regardless of when the interest is paid. Origination fees are
      included in interest income and accreted over the life of the related
      receivable. Profit sharing revenues are recorded on the date payment is
      received.





d.
      Use of
      Estimates




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




e.
      Concentration of Credit Risk





The
      Company maintains its cash in bank deposit accounts at high credit quality
      financial institutions. The balances, at times, may exceed federally insured
      limits. In addition, the Company also maintains cash investments with
      institutions that are not federally insured.




f.
      Cash
      and Cash Equivalents





The
      Company considers all highly-liquid investments with a maturity of three months
      or less when purchased to be cash equivalents.





g.
      Advertising





The
      Company follows the policy of charging the costs of advertising to expense
      as
      incurred. There were no advertising charges during the periods presented in
      these financial statements.





h.
      Property and Equipment





Property,
      equipment, and capital leases are recorded at cost and are depreciated over
      the
      estimated useful life of the related assets, generally three to seven years.
      When assets are retired or otherwise disposed of, the cost and related
      accumulated depreciation are removed from the accounts, and any resulting gain
      or loss is reflected in income for the period.





Page
          7


AMERICAN
        RESOURCES AND DEVELOPMENT COMPANY AND SUBSIDIARIES
 Notes
        to
        the Consolidated Financial Statements




NOTE
      2 -  SIGNIFICANT
      ACCOUNTING POLICIES (Continued)





i.
      Basic
      Income (Loss) per Share





Basic
      income (loss) per share is computed based on the weighted average number of
      common shares outstanding during the period. As of June 30, 2007, there were
      no
      common stock equivalents outstanding. Therefore, the basic and fully diluted
      income (loss) per share is the same for the periods presented
      herein.





NOTE
      3
      -  COMMON
      STOCK





During
      fiscal 2005 the Company issued 12,500,000 shares of its restricted common stock
      in exchange for the purchase of 100% of the members’ units and net assets of
      SFMC. The value of the exchange ($8,923) was deemed by management to be equal
      to
      the net book value of the assets and liabilities of SFMC since the only assets
      acquired were cash and notes receivable with values substantially equal to
      their
      face values, and the only liabilities were notes payable and accrued interest
      bearing terms deemed equal to traditional terms used in arms-length
      transactions. As of June 30, 2007, the Company had 466,770,406 shares of common
      stock issued and outstanding.





NOTE
      4
      -  NOTES
      PAYABLE





At
      June
      30, 2007 the Company had a note payable in the amount of $1,514,014 due to
      an
      unrelated third party entity. This note accrues interest in the amount of 7.50%
      per annum, and is due on demand.





NOTE
      5 -  SIGNIFICANT
      EVENTS





During
      the 2006 calendar year the Company invested a note receivable in the amount
      of
      $500,000 with Cheney Financial, an independent third party, at a rate of 8.25%
      per annum. On January 11, 2007, the Company rolled-over this note, with a new
      principal balance of $508,258. The new note was due on July 15, 2007, and
      continues to accrue interest at 8.25 % per annum. On February 7, 2007, a second
      note was invested with Cheney in the amount of $502,313. This note was due
      on
      September 15, 2007, and also accrues interest at 8.25% per annum.


In
          April
          2007, the Company opened account number 396-44607 with Infinity Brokerage
          Services, 111 W Jackson Blvd., Suite 2010, Chicago, IL 60604; and engaged
          the
          services of MSI Trading, 836 Wingate Pl, Rockton IL 61072; to assist in
          trading
          Option contracts in the S & P 500 Futures Options market. On May 31, 2007,
          in order to receive better executions and commissions on trades the account
          at
          Infinity was transferred to Brewer Futures Group, LLC, 200 S. Michigan
          Avenue,
          21st Floor, Chicago, IL 60604.
 
 During
          the three months ended June 30, 2007, the Company recorded a loss of $143,673
          from the $1,725,000 it had invested.


Page
          8




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





**CAUTIONARY
      FORWARD - LOOKING STATEMENT**





*Statements
      included in this Management's Discussion and Analysis of Financial Condition
      and
      Results of Operations, and in future filings by the Company with the Securities
      and Exchange Commission, in the Company's press releases and in oral statements
      made with the approval of an authorized executive officer which are not
      historical or current facts are "forward-looking statements" made pursuant
      to
      the safe harbor provisions of the Private Securities Litigation Reform Act
      of
      1995 and are subject to certain risks and uncertainties that could cause actual
      results to differ materially from historical earnings and those presently
      anticipated or projected. The Company wishes to caution readers not to place
      undue reliance on any such forward-looking statements, which speak only as
      of
      the date made.*





**A.**  **Management’s
      Plan of Operation**





American
      Resources & Development Company ("ARDCO" or "the Company"), formerly known
      as Leasing Technology, Incorporated, was incorporated in Utah on March 21,
      1983.
      On February 20, 1997 it name was changed to American Resources and Development
      Company. When used throughout this document, unless the context suggests
      otherwise, the "Company" refers to ARDCO and/or its subsidiaries.





By
      March
      31, 2007, the real estate market in which had previously constituted the
      Company’s primary business focus, had slowed considerably. Hence, the Company
      elected to terminate its business of providing financing for real estate
      development; and became focused on investing in the ‘Futures Option market’. On
      April 18, 2007 the Company opened account number 396-44607 with Infinity
      Brokerage Services; and engaged the services of MSI Trading; to assist in
      trading Option contracts in the S & P 500 Futures market. On
      May 31, 2007, the account at Infinity was transferred to Brewer Futures Group,
      LLC.




The
        Company utilizes a ‘short strangle’ trading strategy; and, relies on the
        experienced investment advisors at MSI Trading to make all trading decisions
        and
        the brokers at Brewer Investment Group to execute orders and monitor margins
        on
        the account. These personal have a combined total of over 60 years of trading
        experience. Brewer is paid the industry standard commissions and fees; and
        MSI
        Trading is paid five (5%) percent of the net monthly income.





On
        April
        18th, 2007 the Company opened account number 396-44607 with Infinity;
        and on May 31st, 2007, in order to receive better executions and
        commissions on trades, the Company transferred its account from Infinity
        to
        Brewer Futures Group, account number D13 89 N8535. All of the Company’s trading
        in the futures market is presently being conducted thru its account at Brewer
        with funds being held at Peregrine Financial Group, the holding Futures
        Commission Merchant (FCM), where the company is able to rely on the experience
        and expertise of several trading specialists as well as on the experience
        and
        expertise of the Investment Advisors at MSI Trading. The Brokers at Brewer
        and
        PFG (FCM) are all registered with the NFA and CFTC regulatory bodies of the
        Futures industry.





By
        utilizing the strategy of trading ‘Short Strangle Options’ the company is able
        to take advantage of trading the RANGE, rather than the DIRECTON of the market.
        Profits are earned (or lost) by receiving the time decay from the premium
        (credit) received from selling Option Contracts that have 30 to 60 day
        expiration. Option positions are generally closed out and new ones reset
        after
        the third Friday of each month. Thus, there are approximately 12 trading
        periods
        each year; and, the monthly liquidity allows traders to properly analyze
        and
        evaluate the recent trading range of the market before positioning new trades
        for the succeeding month. From a cash management perspective this also provides
        excellent liquidity.




Page
          9




The
          Company’s goal is to take advantage of the markets trading RANGE rather than its
          DIRECTION. We sell Out-of-the-Money Call and Put Option contracts on the
          S&P
          500 Futures (the underlying) market and receive a credit on each trade.
          We then
          take advantage of the time decay of these Out-Of-The-Money options as the
          market
          stays between our two selected Strike Price levels. This strategy is called
          a
          Short Strangle. Profits (and or losses) are earned from the credit (premium)
          received and the time decay of the option contracts. Positions are generally
          closed out and new positions entered after the third Friday of each month,
          thus
          there are approximately 12 trading periods each year. The 30 day liquidity
          period allows us to properly analyze and evaluate the recent trading range
          of
          the market; and, to keep pace with the ever changing value of the S&P 500
          Futures price. The re-positioning of trades for each succeeding month is
          a
          critical component in controlling risk. From a cash management perspective
          this
          concept provides excellent liquidity. Call Option Strike Prices are usually
          sold
          100 points ABOVE the value of the underlying while Put Option Strike Prices
          are
          usually sold 125 - 200 points BELOW the underlying.
  There
          are
          no limitations on the percentage of Company assets which the Company may
          invest
          in any one investment, or type of investment. Any Company policy regarding
          such
          investments may be changed without a vote of the Company’s shareholders. It is
          the Company’s policy to make investments primarily for income, though assets
          also may be acquired for possible capital gain.




**RESULTS
        OF OPERATIONS**
 
 **For
        the three months ended June 30, 2007 compared to the three months ended June
        30,
        2006.**
 
 During
        the three months ended June 30, 2007, the Company earned revenues totaling
        $-0-,
        compared to revenues of $94,331 during the same period in 2006. This decrease
        is
        attributed to the Company’s moving away from the real estate industry and
        focusing primarily on its investment operations.




Operating
      expenses for the three months ended June 30, 2007 totaled $8,366, a 94% decrease
      from the comparable period of 2006. This decrease resulted primarily from a
      sharp decrease in general and administrative and overhead expenses in the
      current period.





The
      Company incurred a net loss of $178,173 during the three month period ended
      June
      30, 2007, compared to a loss of $55,934 in the comparable period of 2006. This
      increased net loss resulted primarily from the Company’s lack of real estate
      revenues, partially offset by a significant decrease in general and
      administrative and overhead expenses. Basic net loss per share was $(0.00)
      for
      the three month period ended June 30, 2007, representing no material change
      from
      the comparable period of 2006.





As
      of
      September 30, 2007, the Company had an accumulated deficit of $10,637,599
      compared to $10,458,846 as of March 31, 2007.




**Liquidity
      and Capital Resources**





As
      of
      June 30, 2007, the Company had working capital of $2,909,777 compared to working
      capital of $3,088,530 at March 31, 2007. The change in working capital resulted
      primarily from the Company’s payments on notes receivable.





During
      the three months ended June 30, 2007 the Company experienced negative cash
      flow
      of $4,092 from operating activities, and had negative cash flows from investing
      activities of $1,725,000, and negative cash flows from investing activities
      of
      $108,409. The Company’s cash requirements are currently so small that the
      Company can keep nearly all of its liquid assets invested in the market at
      all
      times. When the Company’s cash needs become significant, the Company will simply
      liquidate a portion of its working investments. Management does not anticipate
      the necessity of any external financing within the next 12 months.





**ITEM
      3. CONTROLS AND PROCEDURES**





**Evaluation
      of Disclosure Controls and Procedures**





The
      Company maintains disclosure controls and procedures that are designed to ensure
      that information required to be disclosed by the Company in the reports that
      it
      files or submits to the Securities and Exchange Commission under the Securities
      Exchange Act of 1934, as amended, is recorded, processed, summarized and
      reported within the time periods specified by the Securities and Exchange
      Commission’s rules and forms, and that information is accumulated and
      communicated to the Company management, including the principal executive and
      principal financial officer (whom the Company refers to in this periodic report
      as the Certifying Officer), as appropriate to allow timely decisions regarding
      required disclosure. Company management evaluated, with the participation of
      the
      Certifying Officer, the effectiveness of the Company disclosure controls and
      procedures as of September 30, 2007, pursuant to Rule 13a-15(b) under the
      Securities Exchange Act. Based upon that evaluation, the Certifying Officer
      concluded that, as of September 30, 2007, the Company disclosure controls and
      procedures were effective.




**Changes
      in Internal Controls**




There
      were no changes in our internal control over financial reporting that occurred
      during the quarter ended June 30, 2007 that have materially affected, or are
      reasonably likely to materially affect, our internal control over financial
      reporting.





Page
          10


**PART
      II - OTHER INFORMATION.**





**ITEM
      1. LEGAL PROCEEDINGS.**





None





**ITEM
      2. CHANGES IN SECURITIES AND USE OF PROCEEDS.**





None





**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**





The
      following exhibits are filed as a part of this report:




**Exhibit
                Number***
            
            **Title
                of Document**
            
            **Location****Item
                31**
            
            **Rule
                13a-14(a)/15d-14(a) Certifications**31.01
            
            Certification
                of Principal Executive Officer and Principal Financial Officer Pursuant
                to
                Rule 13a-14
            
            Attached**Item
                32**
            
            **Section
                1350 Certifications**32.01
            
            Certification
                Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section
                906 of
                the Sarbanes-Oxley Act of 2002 (Chief Executive Officer and Chief
                Financial Officer)
            
            Attached







*
            All
                exhibits are numbered with the number preceding the decimal indicating
                the
                applicable SEC reference number in Item 601 and the number following
                the
                decimal indicating the sequence of the particular document.




**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.


American
                Resources and Development Company,
              a
                Utah corporationDated:
              December 27, 2007
            
            /s/
              Tom
              StamosBy:
                Tom Stamos
              Its:
                President




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