UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10 - K

(Mark One)

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

For the Fiscal Period year ended July 31, 2008

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

For the transition period from ______________ to
___________________



Commission file number: 333-136981

Vita Spirits Corp.

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

(Exact name of small business issuer as specified in its
charter)

Nevada
    N/A(State or other jurisdiction of incorporation
      or organization)
    (IRS Employer
Number)


Post Office 020, Lu Yuan District

Chang Chun, Ji Lin

Chang Chun, China, 130062

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

(Address of principal executive office)

139-4303-4459

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

(Issuer's telephone number)

formerly known as Revo Ventures Inc.

Suite 201, 2400 W. Cypress Creek Road
Ft. Lauderdale FL 33309 
-----------------

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



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

Yes o No x

Indicate by check mark if the registrant is not required to file reports
pursuant to Section 13 or Section 15(d) of the Act:

Yes o No x

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), and (2) has been subject to such
filing requirements for the past 90 days:

Yes x No o

Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained, to the
best of the registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K. o

Indicate by check mark whether the registrant is a large accelerated filer,
an accelerated filer, a non-accelerated filer, or a smaller reporting company.
See the definitions of "large accelerated filer," "accelerated filer" and
"smaller reporting company" in Rule 12b-2 of the Exchange Act:

Large accelerated filer o Accelerated filer o



Non-accelerated filer o Smaller reporting company x

(Do not check if a smaller reporting company)

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

Yes x   No o

The aggregate market value of Vita Spirit's Common Stock owned by
non-affiliates as of November 10, 2008 was $157,500.

Number of shares of each class of Vita Spirit's capital stock outstanding as
of November 10, 2008, 2008: 53,250,000 shares of common stock



1





VITA SPIRITS CORP.

(Formerly REVO VENTURES INC.)

FORM 10-K

For the Fiscal Year ended July 31, 2008

Table of Contents



Part I

Item
1.        Description of Business

Item 1A.    
Risk Factors

Item 1B.    
Unresolved Staff Comments

Item
2.        Description of Property

Item
3.        Legal Proceedings

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

Part II

Item
5.        Market for Registrant's Common Equity and
Related Stockholder Matters and Issuer Purchases of Equity Securities

Item 6.       
Selected Financial Data

Item 7.       
Management's Discussion and Analysis of Financial Condition and the Results of
Operations

Item 7A.   
Quantitative and Qualitative Disclosures About Market Risk

Item
8.        Financial Statements and
Supplementary Data

Management's Report on Internal Control Over Financial Reporting

Report of Independent Registered Public Accounting Firm

Part III

Item
9.        Changes In and Disagreements with
Accountants on Accounting and Financial Disclosure

Item
9A.     Controls and Procedures

Item
9B.     Other Information

Item
10.        Directors, Executive Officers,
Promoters and Control Persons; Compliance with Section 16(a) of the Exchange
Act

Item
11.      Executive Compensation

Item
12.      Security Ownership of Certain Beneficial
Owners and Management and Related Stockholder Matters

Item 13.      
Exhibits and Financial Statements Schedules

Item
14.      Principal Accountants Fees and Services

Signatures



2



FORWARD LOOKING STATEMENTS

CERTAIN STATEMENTS IN THIS ANNUAL REPORT ON FORM 10-K, OR
THE "REPORT," ARE "FORWARD-LOOKING STATEMENTS." THESE FORWARD-LOOKING STATEMENTS
INCLUDE, BUT ARE  NOT LIMITED TO, STATEMENTS ABOUT THE PLANS, OBJECTIVES,
EXPECTATIONS AND INTENTIONS OF VITA SPIRITS CORP., A NEVADA CORPORATION
AND OTHER STATEMENTS CONTAINED IN THIS REPORT THAT ARE NOT HISTORICAL FACTS.
FORWARD-LOOKING STATEMENTS IN THIS REPORT OR HEREAFTER INCLUDED IN OTHER
PUBLICLY AVAILABLE DOCUMENTS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION,
OR THE "COMMISSION," REPORTS TO OUR SHAREHOLDERS AND OTHER PUBLICLY AVAILABLE
STATEMENTS ISSUED OR RELEASED BY US INVOLVE KNOWN AND UNKNOWN RISKS,
UNCERTAINTIES AND OTHER FACTORS WHICH COULD CAUSE OUR ACTUAL RESULTS,
PERFORMANCE (FINANCIAL OR OPERATING) OR ACHIEVEMENTS TO DIFFER FROM THE FUTURE
RESULTS, PERFORMANCE (FINANCIAL OR OPERATING) OR ACHIEVEMENTS EXPRESSED OR
IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. SUCH FUTURE RESULTS ARE BASED UPON
MANAGEMENT'S BEST ESTIMATES BASED UPON CURRENT CONDITIONS AND THE MOST RECENT
RESULTS OF OPERATIONS. WHEN USED IN THIS REPORT, THE WORDS "EXPECT,"
"ANTICIPATE," "INTEND," "PLAN," "BELIEVE," "SEEK," "ESTIMATE" AND SIMILAR
EXPRESSIONS ARE GENERALLY INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS,
BECAUSE THESE FORWARD-LOOKING STATEMENTS INVOLVE RISKS AND UNCERTAINTIES. THERE
ARE IMPORTANT FACTORS THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM
THOSE EXPRESSED OR IMPLIED BY THESE FORWARD-LOOKING STATEMENTS, INCLUDING OUR
PLANS, OBJECTIVES, EXPECTATIONS AND INTENTIONS AND OTHER FACTORS.





PART I

Item 1.    Description of Business

Vita Spirits
Corp.'s primary operations began in April 2006. The Company intends to change its
primary operations from an e-commerce focus to a producer of vitamin and other
mineral enriched alcoholic beverages, which will be marketed directly in China
and Taiwan. As part of the change in operations, the Company has undergone a
name change from Revo Ventures Inc. to Vita Spirits Corp. to better reflect the
Company's new focus. We expect that
an initial trial product will complete development by the end of June 2009. We
currently have not advanced beyond the business plan state from our inception
until the date of this filing. .We anticipate that in order for us to begin
commercialization and retail sale of any of our intended products, we will need
to raise additional capital. We currently do not have any specific plans to
raise these funds.

Competition

The alcoholic beverage market in China and Taiwan is highly fragmented and
populated with many different developers specializing in different niche
segments. Other than a few multinational brands, most of these manufacturers are
small in size and service only a limited amount of customers and product
segment.

Insurance

Currently, we have no insurance coverage.

Government Regulation

We are currently not subject to any government regulations.

Offices

The Company's headquarters and executive offices are located at Post Office
020, Lu Yuan District, Chang Chun, Jin Lin, China, 130062. Our telephone number
is 13943034459..

Employees

We currently do not have any employees.

Subsidiaries

We do not have any subsidiaries

Bankruptcy, Receivership, or Similar Proceedings

There has been no bankruptcy, receivership, or similar proceedings

Patents and Trademarks

We do not have any patents or trademarks

Legal Proceedings

We are not a party to any material legal proceeding, nor are any of our
officers, directors or affiliates' a party adverse to us in any legal
proceeding.

Item 1A:     Risk Factors

In addition to the other information in this report and our other filings
with the SEC, you should carefully consider the risks described below. These
risks are not the only ones facing us. Additional risks and uncertainties not
presently known to us or that we currently believe to be immaterial may also
impair our business operations. If any of the following risks occur, our
business, financial condition or operating results could be materially and
adversely affected.

Risks associated with Vita Spirits Corp.:

1. Our auditors have issued a going concern opinion. This means we may
not be able to achieve our objectives and may have to suspend or cease
operations. Our auditors have issued a going concern opinion as at July 31,
2008. This means that there is substantial doubt that we can continue as an
ongoing business without additional financing and/or generating profits. If we
are unable to do so, we will have to cease operations and you will lose your
investment.

2. Because all of our assets and our officers and directors are located
outside the United States of America, it may be difficult for an investor to
enforce within the United States any judgments obtained against us or any of our
officers and directors. All of our assets are located outside of the United
States and we do not currently maintain a permanent place of business within the
United States. In addition, our directors and officers are nationals and/or
residents of countries other than the United States, and all or a substantial
portion of such persons' assets are located outside the United States. As a
result, it may be difficult for an investor to effect service of process or
enforce within the United States any judgments obtained against us or our
officers or directors, including judgments predicated upon the civil liability
provisions of the securities laws of the United States or any state thereof. In
addition, there is uncertainty as to whether the courts of Canada and other
jurisdictions would recognize or enforce judgments of United States courts
obtained against us or our director and officer predicated upon the civil
liability provisions of the securities laws of the United States or any state
thereof, or be competent to hear original actions brought in Canada or other
jurisdictions against us or our director and officer predicated upon the
securities laws of the United States or any state thereof.

3. Because we have only one officer and director who are responsible for
our managerial and organizational structure, in the future, there may not be
effective disclosure and accounting controls to comply with applicable laws and
regulations which could result in fines, penalties and assessments against us.
We have only one officer and director. He is responsible for our managerial and
organizational structure which will include preparation of disclosure and
accounting controls under the Sarbanes Oxley Act of 2002. When theses controls
are implemented, they will be responsible for the administration of the
controls. Should they not have sufficient experience, they may be incapable of
creating and implementing the controls which may cause us to be subject to
sanctions and fines by the SEC which ultimately could cause you to lose your
investment.

4. Because our sole executive officer will only be devoting limited time
to our operations, our operations could be sporadic which may result in periodic
interruptions or suspensions of operations and a lack of revenues which may
cause us to cease operations. Mr. Tie Ming Li, our sole executive officer
will only be devoting limited time to our operations. Mr. Li will be devoting
approximately twenty five hours a week to our operations. Because Mr. Li will
only be devoting limited time to our operations, our operations may be sporadic
and occur at times which are convenient to Mr. Li. As a result, operations may
be periodically interrupted or suspended which could result in a lack of
revenues and a possible cessation of operations.

5. Because we do not maintain any insurance, if a judgment is rendered
against us, we may have to cease operations. We do not maintain any
insurance and do not intend to maintain insurance in the future. Because we do
not have any insurance, if we are made a party to a lawsuit, we may not have
sufficient funds to defend the litigation. In the event that we do not defend
the litigation or a judgment is rendered against us, we may have to cease
operations.

6. If we are not able to effectively respond to competition, our business
may fail. There are many small companies in Asia and around the world which
are developing similar products to our proposed business venture. Most of these
competitors have established businesses with a established customer base. We
will attempt to compete against these groups by offering a much higher quality
product compared to our competitors products with a more customizable product.
However, we cannot assure you that such a strategy will be successful, or that
competitors will not copy our business strategy. Our inability to achieve sales
and revenues due to competition will have an adverse effect on our business
operations and financial condition.

7. We need to raise additional investment capital in the future in order
to commence our business operations. If we are unable to raise the required
investment capital, you may lose all of your investment In the current economic
environment; it is extremely difficult for companies without profits or
revenues, such as us, to raise capital. We currently do not have a specific plan
of how we will obtain such funding; however, we anticipate that additional
funding will be in the form of equity financing from the sale of our common
stock. In the event we are not successful in selling our common stock, we may
also seek to obtain short-term loans from our director, although no such
arrangement has been made. At this time, we cannot provide investors with any
assurance that we will be able to raise sufficient funding from the sale of our
common stock or through a loan from our director to meet our initial capital
requirement needs. If we are unable to raise the required financing, we will be
unable to proceed with our business plan and you may lose your entire
investment.

8. Our principal shareholder controls the majority of our common stock;
investors will have little control over our management or other matters
requiring shareholder approval. Mr. Juanming Fang currently owns 37,500,000,
or approximately 70.42%, of our outstanding common stock if the offering is
completely sold, giving him the ability to control all matters submitted to our
stockholders for approval and to control our management and affairs, including
the election of our directors; the acquisition or disposition of our assets, the
future issuance of our shares and approval of other significant corporate
transactions. Our principal shareholder may also have interests that differ from
yours and may vote in a way with which you disagree and which may be adverse to
your interests.

9. Because our articles of incorporation authorize the issuance of
75,000,000 shares of common stock, an investor faces the risk of having their
percentage ownership diluted in the future. We anticipate that any
additional funding will be in the form of equity financing from the sale of our
common stock. In the future, if we do sell more common stock, your investment
could be subject to dilution. Dilution is the difference between what you pay
for your stock and the net tangible book value per share immediately after the
additional shares are sold by us. These shares may also be issued without
security holder approval and, if issued, may be granted voting powers, rights,
and preferences that differ from and may be superior to those of the registered
shares.

10. The market price for our Common Stock may be volatile.In the
future, there may be volatility in the market price for our Common Stock.
Furthermore, the market price of our Common Stock could fluctuate substantially
in the future in response to a number of factors, including the following:

* fluctuations in our quarterly operating results or the operating results of
our competitors;

* changes in general conditions in the economy, the financial markets, or our
industry;

* announcements of significant acquisitions, strategic alliances or joint
ventures by us, our customers or our competitors;

* introduction of new products or services;

* increases in the price of energy sources and other raw materials; and

* other developments affecting us, our industry, customers or competitors.

In addition, in recent years the stock market has experienced extreme price
and volume fluctuations. This volatility has had a significant effect on the
market prices of securities issued by many companies for reasons unrelated to
their operating performance. These broad market fluctuations may materially
adversely affect our Common Stock price, regardless of our operating results.
Given its relatively small public float and average daily trading volume, our
Common Stock may be relatively more susceptible to volatility arising from any
of these factors. There can be no assurance that the price of our Common Stock
will increase in the future or be maintained at its recent levels.

11. Future sales of our Common Stock could depress its market price.
Future sales of shares of our Common Stock could adversely affect its prevailing
market price. If our officers, directors or significant stockholders sell a
large number of shares, or if we issue a large number of shares, the market
price of our Common Stock could significantly decline. Moreover, the perception
in the public market that stockholders might sell shares of Common Stock could
depress the market for our Common Stock. Our Common Stock's relatively small
public float and average daily trading volume may make it relatively more
susceptible to these risks.

Item 1B:     Uuresolved Staff Comments

None

Item 2:    Description of Property

The Company's headquarters and executive offices are located at Post Office
020, Lu Yuan District, Chang Chun, Jin Lin, China, 130062. Our telephone number
is 139-4303-4459.

Item 3:     Legal Proceedings

There are no existing, pending or threatened
legal proceedings involving Vita Spirits Corp., or against any of our officers
or directors as a result of their involvement with the Company.



As of July 31, 2008, the Company does not
retain a legal counsel.

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

There were no matters submitted to a vote of security holders during the
fiscal period ended July 31, 2008.



PART II

Item 5:    Market for Common Equity, Related
Stockholder Matters and Small Business Issuer Purchases of Equity
Securities

The Company's Common stock is presently listed on the OTC Bulletin Board
under the symbol "VSPI". Our common stock has been listed on the OTC Bulletin
Board since September 2007. There is currently no active trading in our common
stock and there has been no active trading since our common stock has been
listed on the OTC Bulletin Board.

As of July 31, 2008, there were approximately 32 stockholders of record of
the Company's Common Stock.

The Company has not paid any cash dividends to date, and it has no intention
of paying any cash dividends on its common stock in the foreseeable future. The
declaration and payment of dividends is subject to the discretion of its Board
of Directors. The timing, amount and form of dividends, if any, will depend on,
among other things, results of operations, financial condition, cash
requirements and other factors deemed relevant by the Board of Directors.

There are no outstanding options or warrants or convertible securities to
purchase our common equity.

The Company has never issued securities under and does not have any equity
compensation plan.



Item 6:     Selected Financial Data

As of
      As of
      As ofJuly 31, 2008
      July 31, 2007
      July 31, 2006Balance SheetTotal Assets
      $139
      $5,078
      $5,000Total Liabilities
      $21,980
      $9,130
      $2,825Stockholders Equity (Deficit)
      ($21,841)
      ($4,052)
      $2,175For the
      For the
      From InceptionYear ended
      Year Ended
      throughJuly 31, 2008
      July 31, 2007
      July 31, 2006Income StatementRevenues
      $ -
      $ -
      $ -Total Expenses
      $17,973
      $27,227
      $2,825Net Loss
      $17,973
      $27,227
      $2,825




Item 7:     Management's Discussion and Analysis or
Plan of Operation

The following discussion and analysis provides information which management
of Vita Spirits Corp. (the "Company") 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.

Overview

Vita Spirits
Corp.'s primary operations began in April 2006. The Company intends to change its
primary operations from an e-commerce focus to a producer of vitamin and other
mineral enriched alcoholic beverages, which will be marketed directly in China
and Taiwan. As part of the change in operations, the Company has undergone a
name change from Revo Ventures Inc. to Vita Spirits Corp. to better reflect the
Company's new focus. We expect that
an initial trial product will complete development by the end of June 2009. We
currently have not advanced beyond the business plan state from our inception
until the date of this filing. .We anticipate that in order for us to begin
commercialization and retail sale of any of our intended products, we will need
to raise additional capital. We currently do not have any specific plans to
raise these funds.

Results of Operations

Revenues

There were no revenues generated for the fiscal period ended July 31, 2008
and no revenues have been earned by the Company since it's inception.

General & Administrative Expenses

General and administrative expenses totaled $17,973 for the fiscal year
ended July 31, 2008. This is compared to general and administrative expenses
totaling $27,227 for the fiscal year ended July 31, 2007. This
decrease in general and administrative expenses is largely attributed to an
increase in fees paid for professional services related to registering the
Company for publicly trading.

We experienced a net loss of $17,973 for the fiscal year ended
July 31, 2008 compared to a net loss of $27,227 for the fiscal year ended July
31, 2007.

Liquidity and Capital Resources

As of July 31, 2008, the Company had cash of $139. Management does not
expect that the current level of cash on hand will be sufficient to fund our
operation for the next twelve month period. In the event that additional funds
are required to maintain operations, our officers and directors have agreed to
advance us sufficient capital to allow us to continue operations. We may also be
able to obtain loans from our shareholders, but there are no agreements or
understandings in place currently.

We believe that we will require additional funding to expand our business and
ensure its future profitability. We anticipate that any additional funding will
be in the form of equity financing from the sale of our common stock. However,
we do not have any agreements in place for any future equity financing. In the
event we are not successful in selling our common stock, we may also seek to
obtain short-term loans from our director.

Item 7A:    Quantitative and Qualitative Disclosures about
Market Risk

Please see Item 1A above, "Risk Factors," for a
discussion of these and other risks and uncertainties we face in our business.

Item 8:    Financial Statements

The financial statements required to be filed pursuant to this
Item 8 begin on page F-1 of this report.

Item 9:    Changes In Disagreements With Accountants on
Accounting and Financial Disclosure

The Financial Statements of the Company have been audited by
M&KA CPAS, PLLC for the fiscal year ended July 31, 2008
and July 31, 2007. There have been no changes in or disagreements with
either M&KA CPAS, PLLC on accounting and financial disclosure matters at any
time.

Item 9A: Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Our management has evaluated, under the supervision and with the
participation of our chief executive officer and chief financial officer, the
effectiveness of our disclosure controls and procedures as of the end of the
period covered by this report pursuant to Rule 13a-15(b) under the Securities
Exchange Act of 1934 ("the Exchange Act"). Based on that evaluation, our chief
executive officer and chief financial officer have concluded that, as of the end
of the period covered by this report, our disclosure controls and procedures are
effective in ensuring that information required to be disclosed in our Exchange
Act reports is (1) recorded, processed, and summarized and reported with the
time periods specified in the Securities and Exchange Commission's rules and
forms and (2) accumulated and communicated to our management, including our
chief executive officer and chief financial officer, as appropriate to allow
timely decisions regarding required disclosure.

Report of Management on Internal Control over Financial Reporting

This annual report does not include a report of management's assessment
regarding internal control over financial reporting, or an attestation report of
our registered public accounting firm due to a transition period established by
the rules of the Securities and Exchange Commission for newly public companies.

Changes in Internal Control over Financial Reporting

There were no changes in the Company's internal control over financial
reporting that occurred during the year ended June 30, 2008, that materially
affected, or are reasonably likely to materially affect, the Company's internal
control over financial reporting.

Inherent Limitations of Internal Controls

Our Principal Executive Officer and Principle Financial
Officer do not expect that our disclosure controls or internal controls will
prevent all error and all fraud. Although our disclosure controls and procedures
were designed to provide reasonable assurance of achieving their objectives and
our principal executive and financial officer have determined that our
disclosure controls and procedures are effective at doing so, a control system,
no matter how well conceived and operated, can provide only reasonable, not
absolute assurance that the objectives of the system are met. Further, the
design of a control system must reflect the fact that there are resource
constraints, and the benefits of controls must be considered relative to their
costs. Because of the inherent limitations in all control systems, no evaluation
of controls can provide absolute assurance that all control issues and instances
of fraud, if any, within the Company have been detected. These inherent
limitations include the realities that judgments in decision-making can be
faulty, and that breakdowns can occur because of simple error or mistake.
Additionally, controls can be circumvented if there exists in an individual a
desire to do so. There can be no assurance that any design will succeed in
achieving its stated goals under all potential future conditions.

Furthermore, smaller reporting companies face additional limitations. Smaller
reporting companies employ fewer individuals and find it difficult to properly
segregate duties. Often, one or two individuals control every aspect of the
Company's operation and are in a position to override any system of internal
control. Additionally, smaller reporting companies tend to utilize general
accounting software packages that lack a rigorous set of software controls.

This 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 Form 10-K.

Item 10:    Directors, Executive Officers,
Promoters and Control Persons; Compliance with Section 16(a) of the Exchange
Act

Officers and Directors

Each of our directors serves until his or her successor is elected and
qualified. Each of our officers is elected by the board of directors to a term
of one (1) year and serves until his or her successor is duly elected and
qualified, or until he or she is removed from office. The board of directors has
no nominating, auditing or compensation committees.

The name, age, and position of our present officers and directors
are set forth below:

Name
    Age
    Position HeldTie Ming Li
    40
    President, Principal Executive Officer, Principal
      Financial Officer, Principal Accounting Officer, Treasurer, Secretary, and
      Director


Each director serves until our next annual meeting of the stockholders or
unless they resign earlier. The Board of Directors elects officers and their
terms of office are at the discretion of the Board of Directors.

Background of officers and directors

Tie Ming Li is a successful entrepreneur in the hospitality
and spirits industry, and for the past five years, has owned and managed several
restaurants and nightclub establishments in the province of Shandong, China.

Audit Committee Financial Expert

We do not have an audit committee financial expert. We do not have an audit
committee financial expert because we believe the cost related to retaining a
financial expert at this time is prohibitive. Further, because we are only
beginning our commercial operations, at the present time, we believe the
services of a financial expert are not warranted.

Conflicts of Interest

The only conflict that we foresee is that our officers and directors devote
time to projects that do not involve us.

SECTION 16(A) BENEFICIAL OWNER REPORTING
COMPLIANCE

Section 16(a) of the Securities and Exchange Act of
1934 requires that the Company's directors, executive officers, and persons who
own more than 10% of registered class of the Company's equity securities, or
file with the Securities and Exchange Commission (SEC), initial reports of
ownership and report of changes in ownership of common stock and other equity
securities of the Company. Officers, directors, and greater than 10% beneficial
owners are required by SEC regulation to furnish the Company with copies of all
Section 16(a) reports they file. As of the fiscal year ending July 31,
2008, Form 3 reports were not timely filed by Jianbin Chen, the Company's
President.

Code of Ethics

The Company has adopted code of ethics for all of the
employees, directors and officers which is attached to this Annual Report as
Exhibit 14.1.

Item 11:    Executive Compensation

The following table sets forth information with respect to compensation paid
by us to our officers and directors during the four most recent fiscal years.
This information includes the dollar value of base salaries, bonus awards and
number of stock options granted, and certain other compensation, if any.

|Summary Compensation
      Table             
|---------------------------------------------
|                                             
|                                             
|(a)                                          
|Name and Principal Position (1)              
|Tie Ming Li                                  
|President, Treasurer, Secretary, and Director
|Gary Westbrook                               
|President, Treasurer, Secretary, and Director
|William Deal                                 
|Director                                     
|Jianbin Chen                                 
|President, Treasurer, Secretary, and Director
|                                             



[1]     All compensation received by the officers and directors has
been disclosed.

Option/SAR Grants

There are no stock option, retirement, pension, or profit sharing plans for
the benefit of our officers and directors.

Long-Term Incentive Plan Awards

We do not have any long-term incentive plans.

Compensation of Directors

We do not have any plans to pay our directors any money.

Indemnification

Under our Articles of Incorporation and Bylaws of the corporation, we may
indemnify an officer or director who is made a party to any proceeding, including a law suit, because of his position, if he acted in good faith and in
a manner he reasonably believed to be in our best interest. We may advance
expenses incurred in defending a proceeding. To the extent that the officer or
director is successful on the merits in a proceeding as to which he is to be
indemnified, we must indemnify him against all expenses incurred, including
attorney's fees. With respect to a derivative action, indemnity may be made only
for expenses actually and reasonably incurred in defending the proceeding, and
if the officer or director is judged liable, only by a court order. The
indemnification is intended to be to the fullest extent permitted by the laws of
the State of Nevada.

Regarding indemnification for liabilities arising under the Securities Act of
1933, which may be permitted to directors or officers under Nevada law, we are
informed that, in the opinion of the Securities and Exchange Commission,
indemnification is against public policy, as expressed in the Act and is,
therefore, unenforceable.

Item 12: Security Ownership of Certain Beneficial Owners
and Management and Related Stockholder Matters

The following table sets forth, as of the date of this prospectus, the total
number of shares owned beneficially by each of our directors, officers and key
employees, individually and as a group, and the present owners of 5% or more of
our total outstanding shares. The table also reflects what their ownership will
be assuming completion of the sale of all shares in this offering. The
stockholders listed below have direct ownership of his/her shares and possess
sole voting and dispositive power with respect to the shares. The address for
each person is our address at Post Office 020, Lu Yuan District, Chang Chun, Jin
Lin, China, 130062.

Name of Beneficial Owner
    Direct Amount of Beneficial Owner
    Position
    Percent of ClassJianbin Chen
    37,500,000
    Greater than 5% shareholder
    70.4%All officers and directors as a Group (1
      person)
    
    
    70.4%


Securities authorized for issuance under equity compensation
plans.

We have no equity compensation plans.

Item 12: Certain Relationships and Related Transactions

We issued 5,000,000 shares of common stock to Jianbin Chen, our president and a
member of the board of directors in July 2006, in consideration of $5,000.

Item 13: Exhibits

Exhibit
No.                             
Description

3.1*                                        
Articles of Incorporation of the Company (incorporated by reference to the Form
SB-2 filed with the Securities and Exchange Commission on August 30, 2007

3.2*                                        
Bylaws of the Company (incorporated by reference to the Form SB-2 filed with
the Securities and Exchange Commission on August 30, 2007)

10.1*                                      
Website Design Contract (incorporated by reference to the Form SB-2 filed with
the Securities and Exchange Commission on August 30, 2007)

14                                           
Code of Ethics

31                                           
Certification of the Chief Executive Officer and Chief Financial Officer
pursuant to Rule 13a-14 of the Securities and Exchange Act of 1934 as amended,
as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

32                                          
Certification of the Chief Executive Officer and Chief Financial Officer
pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002





Item 14: Principal Accountant Fees and Services

1) Audit Fees

The aggregate fees billed for the last two fiscal years for professional
services rendered by the principal accountant for the audit of the Company's
annual financial statements and review of financial statements included in the
Company's Form 10-QSBs or services that are normally provided by the accountant
in connection with statutory and regulatory engagements for those fiscal years
was:

2008 - $9,500          M&KA CPAS,
PLLC

2007 - $8,800          M&KA CPAS,
PLLC & Gordon K.W. Gee Ltd. Chartered Accountant



2) Audit - Related Fees

The aggregate fees billed in each of the last two fiscal years for assurance
and related services by the principal accountants that are reasonably related to
the performance of the audit or review of the Company's financial statements and
are not reported in the preceding paragraph:

2008 - $0                M&KA
CPAS, PLLC

2007 - $0                M&KA
CPAS, PLLC & Gordon K.W. Gee Ltd. Chartered Accountant



3) Tax Fees

The aggregate fees billed in each of the last two fiscal years for
professional services rendered by the principal accountant for tax compliance,
tax advice, and tax planning was:

2008 - $0                M&KA
CPAS, PLLC

2007 - $0                M&KA
CPAS, PLLC & Gordon K.W. Gee Ltd. Chartered Accountant

4) All Other Fees

The aggregate fees billed in each of the last two fiscal years for the
products and services provided by the principal accountant, other than the
services reported in paragraphs (1), (2), and (3) was:

2008 - $0                    
M&KA CPAS, PLLC

2007 - $0                    
M&KA CPAS, PLLC & Gordon K.W. Gee Ltd. Chartered Accountant









12



SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized on this 14th day of
November, 2008

Vita Spirits Corp.

(Registrant)

By: /s/ Tie Ming Li

Tie Ming Li

President and Chief Executive
Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below by the following persons on behalf of the
registrant and in the capacities and on the dates indicated:

Signature
    Title
    Date/s/ Tie Ming Li
    President, CEO, Secretary, Treasurer and Director
    November 14, 2008Tie Ming Li






INDEX TO FINANCIAL STATEMENTS



Report of Independent Registered Public Accounting FirmBalance Sheets for the fiscal years ended July 31, 2008
      and 2007
      F-2Statements of Operations for the fiscal year ended July 31, 2008 and
      2007 and the period from April 17, 2006 (inception) through July 31, 2008
      F-3Statements of Cash Flows for the fiscal year ended
      July 31, 2008 and 2007 and the period from April 17, 2006 (inception)
      through July 31, 2008
      F-4Statements of Stockholder's
Equity (Deficit) for the period from April 17, 2006 (inception) through July 31,
      2008
      F-5Notes to
      Financial Statements
      F-6






REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM

To the Shareholders, Audit Committee and Board of Directors

Vita Spirits Corp.

Chang Chun, China

We have audited the accompanying consolidated balance sheet of Vita Spirits
Corp. as of July 31, 2008, and the related consolidated statements of
operations, stockholders' deficit and cash flow for the years then ended and the
period from April 17, 2006 (inception) through July 31, 2008. These financial
statements are the responsibility of the company's management. Our
responsibility is to express an opinion on these consolidated financial
statements based on our audit.

We conducted our audit in accordance with the standards of the Public Company
Accounting Oversight Board (United States). Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether the
consolidated financial statements are free of material misstatement. The Company
is not required to have, nor were we engaged to perform, an audit of its
internal controls over financial reporting as a basis for designing audit
procedures that are appropriate in the circumstances, but not for the purpose of
expressing an opinion on the effectiveness of the Company's internal control
over financial reporting. Accordingly, we express no such opinion. An audit
includes examining, on a test basis, evidence supporting the amounts and
disclosures in the consolidated financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by
management as well as evaluating the overall consolidated financial statement
presentation. We believe that our audits provide a reasonable basis for our
opinion.

In our opinion, the consolidated financial statements referred to above
present fairly, in all material respects, the financial position of Vita Spirits
Corp. as of July 31, 2008 and the results of their operation and their cash flow
for the periods noted, in conformity with U.S. generally accepted accounting
principles.

The accompanying consolidated financial statements have been prepared
assuming the Company will continue as a going concern. As discussed in Note 2 to
the financial statements, the Company has suffered recurring losses from
operations, has a net stockholders' deficit and there is substantial doubt about
its ability to continue as a going concern. The financial statements do not
include any adjustments that might reflect these uncertainties.

/s/M&KA CPAS, PLLC

Houston, Texas

November 4, 2008





F-1



Vita Spirits Corp.

(A Development Stage Company)

Balance Sheets

As of July 31, 2008 and  2007

July 31, 2008
    July 31, 2007ASSETSCurrent AssetsCash and cash equivalents
    $      139
    $      5,078TOTAL
    CURRENT ASSETS
    139
    5,078TOTAL
    ASSETS
    $    
    139
    $     5,078========
    ========LIABILITIES AND STOCKHOLDERS'  (DEFICIT)Current LiabilitiesAccounts payable and accrued liabilities
    $    12,480
    $    8,330Shareholder loan
    9,500
    800Total Current
      Liabilities
    21,980
    9,130Stockholders' DeficitPreferred Stock, $0.001 par value50,000,000 authorized, none issued and outstanding
    -
    -Common stock, $0.001 par value,75,000,000 authorized,53,250,000 and 53,250,000 sharesissued and outstanding , respectively
    53,250
    53,250Additional paid in capital
    (27,066)
    (27,250)Deficit accumulated
      during the development stage
    (48,025)
    (30,052)Total Stockholders' Deficit
    (21,841)
    (4,052)TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT
    $    139
    $    5,078========
    ========See Accompanying Summary of Accounting Policies and
      Notes to Financial Statements
F-2
Vita Spirits Corp.
(A Development Stage Company)
Statements of Operations
(Expressed in US Dollars)
For the Year Ended July 31, 2008
    For the Year Ended July 31, 2007
    April 17, 2006 (Inception), to July 31, 2008General and Administrative ExpensesProfessional Fees
    $    8,750
    $    21,233
    $     32,808Management Fees
    -
    1,355
    1,355Filing Fee
    4,611
    1,405
    6,016Rent
    4,050
    3,150
    7,200Bank Charges
    and Interest
    562
    84
    64617,973
    27,227
    48,025Net (Loss)
    $   (17,973)
    $   (27,227)
    $   (48,025)==========
    ==========
    =========Net Loss per Common ShareBasic and diluted
    $      (0.00)
    $      (0.00)Weighted Average Number of Shares
    OutstandingBasic and diluted
    53,250,000
    41,210,959
See Accompanying Summary of Accounting Policies and
      Notes to Financial Statements
F-3

Vita Spirits Corp.
(A Development Stage Company)
Statements of Cash Flows
(Expressed in US Dollars)
For the Year Ended July 31, 2008

    For the Year Ended July 31, 2007

    April 17, 2006 (Inception), to July 31, 2008Cash Provided by (Used in)Operating ActivitiesNet (Loss) for
      the Period
    $    (17,973)
    $    (27,227)
    $    (48,025)Non-cash transactions for:Imputed Interest
    184
    -
    184Changes in:Accounts payable
    and accrued liabilities
    4,150
    5,505
    12,480Cash Used in operating
      activities
    (13,639)
    (21,722)
    (35,361)Financing ActivitiesProceeds from Shareholder Loan
    8,700
    800
    9,500Share Capital
    Subscribed
    -
    21,000
    26,000Cash provided by financing
    activities
    8,700
    21,800
    35,500Cash Increased (Decreased)
    (4,939)
    78
    139during the periodCash, Beginning of Period
    5,078
    5,000
    -Cash, End of Period
    $    139
    $    5,078
    $    139=========
    =========
    ========Supplemental Disclosures of Cash Flow InformationCash Paid for interest
    -
    -
    -Cash Paid for income tax
    -
    -
    -See Accompanying Summary of Accounting Policies and
      Notes to Financial Statements


F-4



Vita Spirits Corp.

(A Development Stage Company)

Statements of Stockholders' Equity (Deficit)

From April 17, 2006 (Inception) to July 31, 2008

Common Stock
      Common Stock
      Additional
      Deficit Accumulated During
      the
      Total Stockholder'sShares
      Amount
      Paid In Capital
      Development Stage
      Equity (Deficit)Balances - April 17, 2006
      -
      $                    
      -
      $                        
      -
      $                           
      -
      $                           
      -Proceeds from issuance of founders shares
      37,500,000
      37,500
      (32,500)
      -
      5,000Net Loss for the period ended July 31, 2006
      -
      -
      -
      (2,825)
      (2,825)Balance, July 31, 2006
      37,500,000
      37,500
      (32,500)
      (2,825)
      2,175Proceeds from issuance of common stock
      15,750,000
      15,750
      5,250
      -
      21,000Net Loss for the period ended July 31, 2007
      -
      -
      -
      (27,227)
      (27,227)Balances - July 31, 2007
      53,250,000
      $   53,250
      $    (27,520)
      $     (30,052)
      $     (4,052)========
      ======
      ========
      ==========
      =========Imputed interest on shareholder loan
      
      
      184Net Loss for the period ended July 31, 2008
      -
      -
      -
      (17,973)
      (17,973)Balances - July 31, 2008
      53,250,000
      $   53,250
      $   (27,066)
      $     (48,025)
      $     (21,841)========
      ======
      ========
      ==========
      =========See Accompanying Summary of Accounting Policies and
      Notes to financial Statements






F-5



Vita Spirits Corp.

(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

For the year ended July 31, 2008



1.         ORGANIZATION AND SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES

Vita Spirits Corp.'s primary operations began in April 2006. The Company
intends to change its primary operations from an e-commerce focus to a producer
of vitamin infused alcoholic beverages. As part of the change in operations, the
Company has undergone a name change from Revo Ventures Inc. to Vita Spirits
Corp. to better reflect the Company's new focus.

Basis of Presentation

The Company follows accounting principles generally accepted in the United
States of America.  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 periods presented have
been reflected herein.

Revenue Recognition

Revenue is recognized when it is realized or realizable and earned. Vita
considers revenue realized or realizable and earned when persuasive evidence of
an arrangement exists, services have been provided, and collectability is
reasonably assured. Revenue that is billed in advance such as recurring weekly
or monthly services are initially deferred and recognized as revenue over the
period the services are provided.

Use of Estimates

The preparation of the 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.

Cash and Cash Equivalents

For purposes of the statement of cash flows, the Company considers all highly
liquid investments purchased with an original maturity of three months or less
to be cash equivalents. As of July 31, 2008 and 2007, there were no cash equivalents.

Development Stage Company

The Company complies with Statement of Financial Accounting Standard ("SFAS")
No. 7 and the Securities and Exchange Commission Exchange Act 7 for its
characterization of the Company as development stage.

Impairment of Long Lived Assets

Long-lived assets are reviewed for impairment in accordance with SFAS No.
144, "Accounting for the Impairment or Disposal of Long- lived Assets". Under
SFAS No. 144, long-lived assets are tested for recoverability whenever events or
changes in circumstances indicate that their carrying amounts may not be
recoverable. An impairment charge is recognized or the amount, if any, which the
carrying value of the asset exceeds the fair value.

Fair Value of Financial Instruments

Financial instruments, including cash, receivables, accounts payable, and
notes payable are carried at amounts which reasonably approximate their fair
value due to the short-term nature of these amounts or due to variable rates of
interest which are consistent with market rates.  No adjustments have been
made in the current period.

Income Taxes

The Company accounts for income taxes under the Financial Accounting
Standards Board of Financial Accounting Standard No. 109, "Accounting for
Income
Taxes" ("Statement 109"). Under Statement 109, deferred tax assets and
liabilities are recognized for the future tax consequences attributable to
differences between the financial statement carrying amounts of existing assets
and liabilities and their respective tax basis. Deferred tax assets and
liabilities are measured using enacted tax rates expected to apply to taxable
income in the years in which those temporary differences are expected to be
recovered or settled. Under Statement 109, the effect on deferred tax assets and
liabilities of a change in tax rates is recognized in income in the period that
includes the enactment date. There was no current or deferred income tax expense
or benefits for the periods ending July 31, 2008 and 2007.

Basic and Diluted Net Loss Per Common Share

Basic and diluted net loss per share calculations are calculated on the basis
of the weighted average number of common shares outstanding during the year. The
per share amounts include the dilutive effect of common stock equivalents in
years with net income. Basic and diluted loss per share is the same due to the
anti dilutive nature of potential common stock equivalents.

Website Development Cost

The Company adopted EITF 00-2, "Accounting for Website Development Costs,"
 which specifies the appropriate accounting for costs incurred in connection
with the development and maintenance of websites.  Under the EITF 00-2,
website development costs are capitalized when acquired and installed, and are
being amortized over its estimated useful life.  On July 28, 2006, the
Company entered into a web design contract (Note 4).  For the period ended
July 31, 2008, the website development has not yet commenced and no cost has
been incurred.

Stock Based Compensation

The Company accounts for stock-based employee compensation arrangements using
the fair value method in accordance with the provisions of Statement of
Financial Accounting Standards no.123(R) or SFAS No. 123(R), Share-Based
Payments, and Staff Accounting Bulletin No. 107, or SAB 107, Share-Based
Payments.  The company accounts for the stock options issued to
non-employees in accordance with the provisions of Statement of Financial
Accounting Standards No. 123, or SFAS No. 123, Accounting for Stock-Based
Compensation, and Emerging Issues Task Force No. 96-18, Accounting for Equity
Instruments with Variable Terms That Are Issued for Consideration other Than
Employee Services under FASB Statement No. 123.

The Company did not grant any stock options during the period ended July 31,
2008 and 2007.

Advertising Expenses

The company expenses advertising costs as incurred. There was no advertising
expense incurred by the company during the period ended July 31, 2008 and 2007.

Recent Accounting Pronouncements

Vita does not expect the adoption of recently issued accounting
pronouncements to have a significant impact on its results of operations,
financial position or cash flow.

2.         GOING CONCERN

Vita's financial statements have been prepared on a going concern basis,
which contemplates the realization of assets and settlement of liabilities and
commitments in the normal course of business for the foreseeable future. Since
inception, the Company has accumulated losses aggregating to $ 48,025 and has
insufficient working capital to meet operating needs for the next twelve months
as of July 31, 2008, all of which raise substantial doubt about Vita's ability
to continue as a going concern.

3.         COMMON STOCK TRANSACTIONS

On July 14, 2006, the Company sold 5,000,000 common shares at $0.001 per
share to the sole director of the Company for total proceeds of $5,000.

On May 6, 2007, the Company sold 2,100,000 common shares in a private
placement memorandum at $0.01 per share for total proceeds of $21,000.

On April 22, 2008, the Company approved a forward split a 15 for 2 forward
stock split to our stockholders of record as of April 23, 2008. The Company
increased the authorized shares from 50,000,000 to 75,000,000. The Company did
not change the par value of the shares. All references to share value in these
financial statements have been restated to reflect this split. Subsequent to the
forward split, the Company had 53,250,000 common shares issued and outstanding.

4.         COMMITMENTS

On July 28, 2006, the management of the Company signed a web design contract
with Li Xia Wen, an independent web designer, to create and develop the
Company's website. In consideration, the Company agreed to pay Mr. Wen a fixed
fee of $4,000, which is due upon the completion of the beta phase of the
website. Management expects the beta phase of the website to be complete by the
end of December 2008.

The Company
leases office space on a month to month basis at $450 per month.

5.         RELATED PARTY TRANSACTIONS

An officer has loaned the Company $9,500, without interest and fixed term of
 repayment. Impuated interest in the amount of $184 has been included in
additional paid in capital.

6.         INCOME TAXES

The Company uses the liability method, where deferred tax assets and
liabilities are determined based on the expected future tax consequences of
temporary differences between the carrying amounts of assets and liabilities for
financial and income tax reporting purposes. During fiscal 2008 and 2007, the
Company incurred net losses and, therefore, has no tax liability. The net
deferred tax asset generated by the loss carryforward has been fully reserved.
The cumulative net operating loss carryforward is approximately $48,000 and
$30,000 at July 31, 2008 and 2007, respectively, and will expire in the years
2026 through 2028.

At July 31, 2008 and 2007, deferred tax assets consisted of the following:

2008
      2007Net
      operating loss carry forward
      $ 19,809
      $ 10,518Valuation
      allowance
      (19,809)
      (10,518)Net
      future income tax assets
      $   -
      $   -