UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


WASHINGTON,
D.C. 20549





FORM
20-F/A





(Mark
One)





___
            Registration
      Statement Pursuant to Section 12(b) or (g) of the Securities Exchange Act
      of 1934.





or





X
            Annual
      Report Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of
      1934for
      the Fiscal Year Ended
            December
      31, 2007.





or





___
            Transition
      Report Pursuant to Section 13 OR 15(d) of the Securities Exchange Act pf
      1934.For
      the transition period from _______ to
________.




Commission
file number 000-52145







Rainchief
Energy Inc. (f/k/a Black Diamond Brands Corporation)




(Exact
name of Registrant as specified in its charter)








(Translation
of Registrant's name into English)




Business Corporations Act
(British Columbia)





(Jurisdiction
of incorporation or organization)





#361, 1275 West
6thAve, Vancouver, BC, Canada,
V6H  1A6





(Address
of principal executive offices)





Securities
registered or to be registered pursuant to Section 12(b) of the
Act.





Title of each
class                                                    Name
of each exchange on which registered











Securities
registered or to be registered pursuant to Section 12(g) of the
Act.





Common
Stock, without par value


(Title of
Class)










Securities
for which there is a reporting obligation pursuant to Section 15(d) of the
Act.








(Title of
Class)





Indicate
the number of outstanding shares of each of the issuer's classes of capital or
common stock as of the close of the period covered by the annual report: 17,418,852 at
December 31, 2007.





Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in
Rule 405 of the Securities Act.       
___Yes _XNo





If this
report is an annual or transition report, indicate by check mark if the
registrant is not required to filed reports pursuant to Section 13 or
15(d)  of the Securities Exchange Act of
1934      ___Yes 
X   No







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





Indicate
which financial statement item the registrant elects to follow:  X
Item 17 __  Item 18.





Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, or a non-accelerated filer.  See definition of
“accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange
Act. (Check one):





Large accelerated filer
__                                                                    Accelerated
filer
__                                 
Non-accelerated filer _X_





If this
is an annual report, indicated by check mark whether the registrant is a shell
company (as defined in Rule 12b-2 of the Exchange Act).___ Yes XNo





Item 15T.  Controls and
Procedures





Disclosure Controls and
Procedures





Under the
supervision and participation of the Chief Executive Officer, the Interim
Chief Financial Officer, has evaluated the effectiveness of our disclosure
controls and procedures (as defined in Rule 13a-15(e) and Rule 15d-15(e) of the
Exchange Act) as of the end of the period covered by this
report.  Based on that evaluation, the Chief Executive Officer and
Chief Financial Officer have concluded that, as of December 31, 2008, these
disclosure controls and procedures were not effective to ensure that all
information required to be disclosed by us in the reports that we file or
submit under the Exchange Act is: (i) recorded, processed, summarized and
reported, within the time periods specified in the Commission’s rule and forms;
and (ii) accumulated and communicated to our management, including our Chief
Executive Officer and Interim Chief Financial Officer, as appropriate to allow
timely decisions regarding required disclosure, primarily due to the Company’s
minimal financial staff which prevents us from segregating duties, which
management believes is a material weakness in our internal controls and
procedures.  We intend to address such weakness and work with outside
advisors to improve our controls and procedures as and when the circumstances of
the Company permit this.




Management’s
Annual Report on Internal Control Over Financial Reporting







Management
is responsible for establishing and maintaining adequate internal control over
financial reporting, as such term is defined in Exchange Act Rules 13a-15(f) and
15d-15(f).  Internal control over financial reporting is a process
designed by, or under the supervision of, our Chief Executive Officer and Chief
Financial Officer, and effected by our Board, management and other personnel, to
provide reasonable assurance regarding the reliability of financial reporting
and the preparation of financial statements for external purposes in accordance
with generally accepted accounting principles.





Internal
control over financial reporting includes those policies and procedures that (1)
pertain to the









maintenance
of records that, in reasonable detail, accurately and fairly reflect the
transactions and dispositions of the assets of the Company; (2) provide
reasonable assurance that transactions are recorded as necessary to permit
preparation of financial statements in accordance with generally accepted
accounting principles, and that our receipts and expenditures are being made
only in accordance with authorizations of management and directors; and (3)
provide reasonable assurance regarding prevention or timely detection of
unauthorized acquisition, use, or disposition of our assets that could have a
material effect on our financial statements.




Because
of its inherent limitations, internal control over financial reporting may not
prevent or detect misstatements.  Forward looking statements regarding
the effectiveness of internal controls during future periods are subject to the
risk that controls may become inadequate because of changes in conditions, or
that the degree of compliance with the policies and procedures may
deteriorate.




Management
completed an assessment of the effectiveness of the Company’s internal control
over financial reporting (“ICFR”) as of December 31, 2007, using the Committee
of Sponsoring Organizations of the Treadway Commission (“COSO”) framework as
contemplated by Rule 13a-15(c).  Based on this assessment, the Company
concluded that it did not have effective internal controls over financial
reporting as of December 31, 2007.




The
Company’s assessment of the effectiveness of the ICFR at December 31, 2007
identified certain material weaknesses as of those dates:




1.
            It
      is not possible to adequately segregate incompatible duties among the
      officers of the Company, because the Company has only two officers and one
      accounting consultant.




2.
            There
      is significant risk of management override of existing controls as the two
      executive officers are also the directors of the
  Company.




3.
            The
      Company maintains limited audit evidence in documentary form which can be
      used to test the operating effectiveness of control
      activities.




The
Company appointed a third director on June 9, 2009. This director is independent
as that term is defined by Rule 4200 (a) (15) of the Marketplace Rules of NASDAQ
and Canadian National Instrument 52-110, and will not be involved in the
day-to-day running of the Company.  The Company intends to add
additional levels of executive management and personnel to remediate the
weaknesses, as and when the Company’s activities warrant this, and financial
resources are available.




This
Amended Annual Report does not include an attestation report of the Company’s
registered public accounting firm regarding internal control over financial
reporting.  Management’s report was not subject to attestation by the
Company’s registered public accounting firm pursuant to temporary rules of the
Securities and Exchange Commission that permit the Company to provide only
management’s report in this Annual Report.







Changes in Internal Control
over Financial Reporting





There
have been no material changes in internal control over financial reporting that
occurred during the fiscal year (2008) covered by this report that have
materially affected, or are reasonably likely to materially affect, the
Company’s internal control over financial reporting.




























SIGNATURES





The
registrant hereby certifies that it meets all of the requirements for filing on
Form 20-F and that it has duly caused and authorized the undersigned to sign
this amendment to the Annual Report.








Rainchief
Energy Inc.








Date:  June
10,
2009                                                                             
 /s/  Bradley J.
Moynes.


Bradley
J. Moynes,


CEO











Date:  June
10,
2009                                                                             
 /s/  J. Robert
Moynes.


J. Robert
Moynes,


CFO