UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                    FORM 10-K

(Mark One)
[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

                   For the fiscal year ended December 31, 2010
                                       OR

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

           For the transition period from ____________ to ___________

                        Commission File Number 000-53807

                             MEIGUO VENTURES I, INC
             (Exact name of registrant as specified in its charter)

        Delaware                                        26-3551294
(State of Incorporation)                    (I.R.S. Employer Identification No.)

           5155 Spectrum Way, Unit #5, Mississauga, ON, Canada L4W 5A1
                    (Address of principal executive offices)

       Registrant's telephone number, including area code: (647) 426-1640

        Securities registered pursuant to Section 12(b) of the Act: None

          Securities registered pursuant to Section 12(g) of the Act:

                         Common Stock, $.0001 par value
                               Title of Each Class

Indicate by check mark if the  registrant  is a  well-known  seasoned  issuer as
defined in Rule 405 of the Securities Act. Yes [ ] 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 [ ] No [X]

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

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

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. [X]

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
definitions  of "large  accelerated  filer,"  "accelerated  filer," and "smaller
reporting company" in Rule 12b-2 of the Exchange Act.

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

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

The aggregate  marker value of the voting and  non-voting  common equity held by
non-affiliates computed by reference to the price at which the common equity was
last sold, or the average bid and asked price of such common  equity,  as of the
last  business day of the  Registrant's  most recently  completed  second fiscal
quarter (June 30, 2010) was approximately $ -0- because the Registrant's  common
equity was not quoted or traded on such date.

As of  March  25,  2011,  there  were  4,132,559  shares  of  our  common  stock
outstanding.

                    DOCUMENTS INCORPORATED BY REFERENCE: NONE
<PAGE>
                                TABLE OF CONTENTS

ITEMS                                                                       PAGE
-----                                                                       ----

                                     PART I

Item 1.  Business                                                             2
Item 1A  Risk Factors                                                         7
Item 1B  Unresolved Staff Comments                                            7
Item 2.  Properties                                                           7
Item 3.  Legal Proceedings                                                    8
Item 4.  (Removed and Reserved)                                               8

                                     PART II

Item 5.  Market For Common Equity and Related Stockholder Matters and
         Issuer Purchases of Equity Securities                                8
Item 6.  Selected Financial Data                                             10
Item 7.  Management's Discussion and Analysis of Financial Condition
         and Results of Operations                                           10
Item 7A. Quantitative and Qualitative Disclosure About Market Risks          18
Item 8.  Financial Statements and Supplementary Data                         18
Item 9.  Changes in and Disagreements with Accountants on Accounting
         and Financial Disclosure                                            18
Item 9A. Controls and Procedures                                             18
Item 9B. Other Information                                                   19

                                    PART III

Item 10. Directors, Executive Officers and Corporate Governance              19
Item 11. Executive Compensation                                              21
Item 12. Security Ownership of Certain Beneficial Owners and Management
         and Related Stockholder Matters                                     22
Item 13  Certain Relationships and Related Transactions, and Director
         Independence                                                        23
Item 14. Principal Accounting Fees and Services                              24

                                     PART IV

Item 15. Exhibits, Financial Statement Schedules                             25
<PAGE>
                  CAUTION REGARDING FORWARD-LOOKING STATEMENTS

     This 2010 Annual Report on Form 10-K ("2010 Annual Report"),  including the
accompanying financial statements of the Company and the notes thereto appearing
in Item 8 herein  ("Financial  Statements"),  the  Management's  Discussion  and
Analysis of Financial  Condition and Results of  Operations  appearing in Item 7
herein ("MD&A") and the other Exhibits and Financial  Statement  Schedules filed
as a part hereof or incorporated by reference  herein may contain or incorporate
by  reference   information  that  includes  or  is  based  on  "forward-looking
statements"  within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934.  Forward-looking  statements
give expectations or forecasts of future events.  The reader can indentify these
forward-looking  statements  by the fact that  they do not  relate  strictly  to
historical or current  facts.  They use words such as  "believe(s),"  "goal(s),"
"target(s),"  "estimate(s),"   "anticipate(s),"   "forecast(s),"   "project(s),"
(plan(s)," "intend(s),"  "expect(s)," "might," may" and other words and terms of
similar meaning in connection with a discussion of future  operating,  financial
performance or financial condition.  Forward-looking  statements, in particular,
include statements relating to future actions, prospective services or products,
future  performance or results of current and anticipated  services or products,
sales efforts, expenses, the outcome of contingencies such as legal proceedings,
trends of operations and financial results.

     Any or all  forward-looking  statements  may  turn  out to be  wrong,  and,
accordingly,  readers  are  cautioned  not  to  place  undue  reliance  on  such
statements,  which speak only as of the date of this 2010 Annual  Report.  These
statements are based on current  expectations  and current the current  economic
environment. They involve a number of risks and uncertainties that are difficult
to predict.  These statements are not guarantees of future  performance;  actual
results  could  differ  materially  from  those  expressed  or  implied  in  the
forward-looking  statements.  Forward-looking  statements  can  be  affected  by
inaccurate assumptions or by known or unknown risks and uncertainties. Many such
factors  will be important  in  determining  the  Company's  actual  results and
financial  condition.  The reader should  consider the following list of general
factors that could affect the Company's future results and financial condition.

     Among the general  factors  that could cause actual  results and  financial
condition to differ  materially from estimated  results and financial  condition
are:

     *    the  success or  failure of  management's  efforts  to  implement  our
          business strategy;

     *    the  ability  of the  Company  to  raise  sufficient  capital  to meet
          operating requirements;

     *    the  ability  of  the  Company  to  compete  with  major   established
          companies;

     *    the level of success and costs  expended  in  realizing  economies  of
          scale  and  implementing   significant  business   consolidations  and
          technology initiatives;

     *    the effect of changing economic conditions;

     *    the ability of the Company to attract and retain quality employees and
          management;

     *    the current global recession and financial uncertainty; and

     *    other risks which may be  described  in future  filings  with the U.S.
          Securities and Exchange Commission ("SEC").

     No  assurances  can  be  given  that  the  results   contemplated   in  any
forward-looking  statements  will  be  achieved  or  will  be  achieved  in  any
particular timetable.  We assume no obligation to publicly correct or update any
forward-looking  statements as a result of events or developments  subsequent to
the date of this 2010 Annual Report. The reader is advised,  however, to consult
any further disclosures we make on related subjects in our filings with the SEC.

                                       1
<PAGE>
                                     PART I

ITEM 1. BUSINESS.

BUSINESS DEVELOPMENT

                              CORPORATE BACKGROUND

     Meiguo Ventures I, Inc.  ("Company," "we," "us," "our") was incorporated in
the  State  of  Delaware  on  October  31,  2008.  The  Company  has been in the
developmental  stage since  inception  and has  conducted  virtually no business
operations.  The Company has no full-time  employees  and owns no real estate or
personal  property.  The  Company  was  formed as a vehicle to pursue a business
combination  and has  made  limited  effort  to  identify  a  possible  business
combination.  As a result, the Company has not conducted negotiations or entered
into a letter of intent concerning any target business.  The business purpose of
the Company is to seek the acquisition of, or merger with, an existing  company.
We have a  minimal  amount  of cash.  The  Independent  Auditor's  Report to our
financial  statements for the period ended  December 31, 2010,  included in this
Annual  Report,  indicates  that  there  are a  number  of  factors  that  raise
substantial doubt about our ability to continue as a going concern.  Such doubts
identified in the report include the fact (i) that we have not  established  any
source of revenue to cover our operating costs; (ii) that we will engage in very
limited  activities  without incurring any liabilities that must be satisfied in
cash  until a source of  funding is  secured;  (iii) that we will offer  noncash
consideration and seek equity lines as a means of financing our operations; (iv)
that if we are unable to obtain revenue  producing  contracts or financing or if
the revenue or financing  we do obtain is  insufficient  to cover any  operating
losses we may incur, we may substantially curtail or terminate our operations or
seek other business  opportunities through strategic alliances,  acquisitions or
other arrangements that may dilute the interests of existing shareholders.

BUSINESS OF ISSUER

     Based on our proposed business activities,  we are a "blank check" company.
The U.S.  Securities and Exchange  Commission ("SEC") defines those companies as
"any development stage company that is issuing a penny stock, within the meaning
of Section 3 (a) (51) of the Exchange Act of 1934, as amended  ("Exchange  Act")
and that has no specific  business plan or purpose,  or has  indicated  that its
business plan is to merge with an unidentified company or companies.  Under Rule
12b-2  promulgated  under the  Exchange  Act, the Company will be deemed to be a
"shell company," because it has no or nominal assets (other than cash) and no or
nominal  operations.  Many states have enacted  statutes,  rules and regulations
limiting the sale of securities of "blank check"  companies in their  respective
jurisdictions.  Management  does not intend to undertake  any efforts to cause a
market to  develop  in our  securities,  either  debt or  equity,  until we have
successfully  concluded a business  combination.  The Company  intends to comply
with the periodic  reporting  requirements of the Exchange Act for so long as we
are subject to those requirements.

     We were  organized as a vehicle to investigate  and, if such  investigation
warrants,  acquire a target company or business seeking the perceived advantages
of being a publicly held corporation.  Our principal  business objective for the
next 12  months  and  beyond  such  time  will be to  achieve  long-term  growth
potential   through  a  combination  with  a  business  rather  than  immediate,
short-term  earnings.  We will  not  restrict  our  potential  candidate  target
companies to any specific business, industry or geographical location and, thus,
may acquire or merge with any type of business, domestic or foreign.

                                       2
<PAGE>
PERCEIVED ADVANTAGES

     There are certain perceived  advantages to being a reporting company with a
class of publicly-traded  securities.  These are commonly thought to include the
following:

     *    the  ability to use  registered  securities  to make  acquisitions  of
          assets or businesses;

     *    increased visibility in the financial community;

     *    the facilitation of borrowing from financial institutions;

     *    improved trading efficiency;

     *    shareholder liquidity;

     *    greater ease in raising capital;

     *    compensation  of key  employees  through stock options for which there
          may be a market valuation;

     *    enhanced corporate image; and

     *    a presence in the United States' capital markets.

POTENTIAL TARGET COMPANIES

     A business entity that may be interested in a business combination with the
Company may include the following:

     *    a company for which a primary  purpose of becoming a public company is
          the use of is securities for the acquisition of assets or business;

     *    a company that is unable to find an  underwriter  of its securities or
          is unable to find an underwriter of securities on terms  acceptable to
          it;

     *    a company that believes it will be able to obtain  investment  capital
          on more favorable terms after it has become public;

     *    a foreign  company  that may wish an  initial  entry  into the  United
          States' securities markets;

     *    a special situation company, such as a company seeking a public market
          to satisfy redemption  requirements under a qualified  Employees Stock
          Option Plan; and

     *    a company  seeking  one or more of the  other  perceived  benefits  of
          becoming a public company.

     The analysis of new business  opportunities  will be undertaken by or under
the supervision of our officers,  directors,  accountants and legal counsel.  We
will have  unrestricted  flexibility in seeking,  analyzing and participating in
potential   business   opportunities.   In  our  efforts  to  analyze  potential
acquisition targets, we will consider the following kinds of factors:

                                       3
<PAGE>
     *    potential for growth, indicated by new technology,  anticipated market
          expansion or new products or services;

     *    competitive  position as  compared to other firms of similar  size and
          experience within the industry segment, as well as within the industry
          as a whole;

     *    strength and diversity of management, either in place or scheduled for
          recruitment;

     *    capital  requirements and anticipated  availability of required funds,
          to be provided by the Company or from operations,  through the sale of
          additional securities,  through joint ventures or similar arrangements
          or from other sources;

     *    the cost of  participation by the Company as compared to the perceived
          tangible and intangible values and potentials;

     *    the extent to which the business opportunity can be advanced;

     *    the accessibility of required  management  expertise,  personnel,  raw
          materials, services, professional assistance and other required items;
          and

     *    other  factors  deemed to be relevant by our  management  team,  which
          currently consists solely of Mr. Teresa Rubio

     In applying the foregoing  criteria,  no one of which will be  controlling,
management  will  attempt to analyze all factors  and  circumstances  and make a
determination based upon reasonable  investigative  measures and available data.
Potentially  available  business  opportunities  may  occur  in  many  different
industries,  and at various  stages of  development,  all of which will make the
task of comparative  investigation  and analysis of such business  opportunities
extremely  difficult  and  complex.  Due  to  our  limited  financial  resources
available for investigation,  we may not discover or adequately evaluate adverse
facts about the opportunity to be acquired.

     No  assurances  can be given that the Company  will be able to enter into a
business combination of any nature.

FORM OF ACQUISITION

     The manner in which the Company  participates in an opportunity will depend
upon the nature of the  opportunity,  the  respective  needs and  desires of the
Company  and the  promoters  of the  opportunity  and the  relative  negotiating
strength of the Company and such promoters.

     It is likely that the Company will acquire its  participation in a business
opportunity  through the  issuance of common  stock or other  securities  of the
Company.  Although the terms of any such  transaction  cannot be  predicted,  it
should be noted that in  certain  circumstances  the  criteria  for  determining
whether or not an acquisition  is a so-called  "tax-free"  reorganization  under
Section  368(a) (1) of the Internal  Revenue Code of 1986, as amended  ("Code"),
depends upon whether the owners of the acquired  business own 80% or more of the
voting stock of the surviving  entity.  If a transaction were structured to take
advantage of these provisions rather than other "tax-free"  provisions  provided
under the Code, our  shareholders  would, in such  circumstances,  retain 20% or
less of the total  issued and  outstanding  shares of the  Company.  Under other

                                       4
<PAGE>
circumstances,  depending upon the relative negotiating strength of the parties,
our shareholders may retain  substantially less than 20% of the total issued and
outstanding  shares of the surviving  entity.  This could result in  substantial
additional  dilution to the equity of those who were shareholders of the Company
prior to such reorganization.

     Our present  shareholders will likely not have control of a majority of our
voting  shares  following  a  reorganization  transaction.  As  part  of  such a
transaction,  all or a majority of the officers and directors may resign and new
officers and directors may be appointed without any vote by our shareholders.

     In the event of an acquisition,  the transaction  shall be approved by vote
or  consent  of  our  shareholders.  In  the  case  of  a  statutory  merger  or
consolidation   directly   involving   us,  it  will  be  necessary  to  call  a
shareholders'  meeting  and obtain the  approval of the holders of a majority of
the outstanding  shares.  The necessity to obtain such stockholder  approval may
result in delay and  additional  expense  in the  consummation  of any  proposed
transaction  and will also give rise to certain  appraisal  right to  dissenting
shareholders.

     It is anticipated that the investigation of specific business opportunities
and the negotiation, drafting and execution of relevant agreements,  disclosures
documents and other  instruments  will require  substantial  management time and
attention and  substantial  cost for  accountants,  attorneys  and others.  If a
decision is made not to  participate  in a specific  business  opportunity,  the
costs  incurred  in  the  related   investigation   would  not  be  recoverable.
Furthermore, even if an agreement is reached for the participation in a specific
business  opportunity,  the failure to consummate that transaction may result in
the loss to us of the related costs incurred.

     We presently  have no employees  other than Teresa Rubio,  our sole officer
and sole director, who is engaged in outside business activities and anticipates
she will devote to our business  very limited  time until the  acquisition  of a
successful  business  opportunity has been identified.  We expect no significant
changes in the number of our employees other than such changes, if any, incident
to a business combination.

     Although our management has not taken any preliminary steps to consummate a
business  combination,  we anticipate  beginning our search for viable  business
combination  targets  once we  become a fully  reporting  company  with the U.S.
Securities and Exchange Commission. We believe there are many valuable resources
we can reach out to in order to identify  potential targets  including,  but not
limited  to,  business  brokers,  networking  web sites,  conferences,  business
professionals  and direct  contacts by our management  with business owners with
whom Mr. Keaveney is familiar.

SEASONALITY

     Our business is not affected by seasonality.

COMPETITIVE CONDITIONS

     We are in a  highly  competitive  market  for a small  number  of  business
opportunities  which could reduce the  likelihood of  consummating  a successful
business  combination.   We  are  and  will  continue  to  be  an  insignificant
participant  in the business of seeking  mergers with,  joint  ventures with and
acquisitions of small private and public entities. A large number of established
and well-financed entities, including small public companies and venture capital
firms, are active in mergers and acquisitions of companies that may be desirable
target candidates for us. Nearly all these entities have  significantly  greater
financial resources, technical expertise and managerial capabilities than we do;
consequently,  we will be at a competitive  disadvantage in identifying possible
business opportunities and successfully completing a business combination. These
competitive   factors  may  reduce  the  likelihood  of  our   identifying   and

                                       5
<PAGE>
consummating a successful  business  combination.  In reality,  it might be more
feasible  for a  privately  held  company  to file its own Form 10  registration
statement to become a fully  reporting  company than to give up ownership to the
Company by entering into a business combination with us.

     In the event we are  successful in  identifying  a private  company that is
interested  in  combining  with us, the private  company will have to provide us
with a lot of information related to its business history, prospects,  financial
condition,  management  and have books and records  that are  auditable  without
undue time and expense. Upon entry into a definitive agreement with a target, we
will  have to file a Form 8-K  describing  the  proposed  transaction,  that the
proposed  transaction  will  result in a change in  control of our  Company  and
include audited financial statements of the combined entity as an exhibit to the
Form 8-K or in an amendment to the Form 8-K.

REPORTS TO SECURITY HOLDERS

     1.   We are subject to the informational  requirements of the Exchange Act.
          Accordingly,  we will file annual,  quarterly  and  periodic  reports,
          proxy  statements,  information  statements and other information with
          the SEC.

     2.   The public may read and copy any  materials the Company files with the
          SEC at the SEC's Public Reference Room at 100 F Street, NE, Room 1580,
          Washington,  D.C. 20549. The public may call the SEC at 1-800-SEC-0330
          for further  information on the Public Reference Room. Our SEC filings
          will  also  be  available  to the  public  at the  SEC's  web  site at
          http://www.sec.gov.

BUSINESS AND LEGAL DEVELOPMENTS REGARDING CLIMATE CHANGE

     We do not believe  our  business  will be  affected  by business  and legal
developments regarding climate change. However, in the event we acquire or merge
with a business  that  could be  affected  by  business  and legal  developments
regarding  climate  change,  we will  certainly  analyze  such factors and their
potential or actual impact on our future business.

EFFECT OF EXISTING OR PROBABLE GOVERNMENTAL REGULATIONS

     The Company's  common stock is registered  pursuant to Section 12(g) of the
Securities  Exchange Act of 1934 ("1934 Act"). As a result of such registration,
the Company is subject to  Regulation  14A of the "1934  Act,"  which  regulates
proxy  solicitations.  Section  14(a)  requires all  companies  with  securities
registered  pursuant  to  Section  12(g)  thereof  to comply  with the rules and
regulations  of the Commission  regarding  proxy  solicitations,  as outlined in
Regulation 14A. Matters submitted to stockholders of the Company at a special or
annual meeting thereof or pursuant to a written consent will require the Company
to provide its  stockholders  with the information  outlined in Schedules 14A or
14C of Regulation 14;  preliminary  copies of this information must be submitted
to the Commission at least 10 days prior to the date that  definitive  copies of
this information are forwarded to stockholders.

     The  Company  is also  required  to file  annual  reports  on Form 10-K and
quarterly  reports on Form 10-Q with the Commission on a regular basis, and will
be required to disclose  certain  events in a timely  manner,  (e.g.  changes in
corporate  control;  acquisitions  or  dispositions  of a significant  amount of
assets  other than in the  ordinary  course of business;  and  bankruptcy)  in a
Current Report on Form 8-K.

     WE ARE SUBJECT TO THE REQUIREMENTS OF SECTION 404 OF THE SARBANES-OXLEY ACT
OF 2002.  IF WE ARE UNABLE TO TIMELY  COMPLY  WITH  SECTION  404 OR IF THE COSTS

                                       6
<PAGE>
RELATED TO  COMPLIANCE  ARE  SIGNIFICANT,  OUR  PROFITABILITY,  STOCK  PRICE AND
RESULTS OF OPERATIONS  AND  FINANCIAL  CONDITION  COULD BE MATERIALLY  ADVERSELY
AFFECTED.

     The Company is required to comply with the provisions of Section 404 of the
Sarbanes-Oxley  Act of  2002,  which  requires  that we  document  and  test our
internal  controls  and  certify  that we are  responsible  for  maintaining  an
adequate system of internal control  procedures for the 2010 fiscal year. We are
currently  evaluating our existing controls against the standards adopted by the
Committee of Sponsoring  Organizations of the Treadway Commission (COSO). During
the course of our ongoing evaluation and integration of the internal controls of
our business,  we may identify areas requiring  improvement,  and we may have to
design enhanced processes and controls to address issues identified through this
review  (see Item 9A,  below  for a  discussion  of our  internal  controls  and
procedures).

     We believe that the  out-of-pocket  costs,  the  diversion of  management's
attention from running the day-to-day  operations and operational changes caused
by the need to comply with the requirement of Section 404 of the  Sarbanes-Oxley
Act could be significant.  If the time and costs associated with such compliance
exceed  our  current  expectations,  our  results of  operations  and the future
fillings of our Company could be materially adversely affected.

DEPENDENCE ON KEY EMPLOYEES AND NEED FOR ADDITIONAL MANAGEMENT AND PERSONNEL

      The Company is heavily dependent on the ability of our President, Teresita
Rubio.  The Company will be dependent upon Ms. Rubio to recruit good  management
for the Company.

      In the event of future growth in administration,  marketing, manufacturing
and customer support  functions,  the Company may have to increase the depth and
experience of its management team by adding new members.  The Company's  success
will depend to a large degree upon the active  participation of its key officers
and employees,  as well as the continued service of its key management personnel
and its ability to identify,  hire, and retain additional  qualified  personnel.
There  can be no  assurance  that  the  Company  will be able  to  recruit  such
qualified personnel to enable it to conduct its proposed business successfully.

EMPLOYEES

      As of March 24,  2011,  we had no full time  employees,  and one part time
employee,  Teresita Rubio, our sole officer.  We believe that our relations with
our employee are good. Our employee is not  represented by a union or covered by
a collective bargaining agreement.

ITEM 1A. RISK FACTORS.

     We are a smaller  reporting  company  and are not  required  to provide the
information required by this item.

ITEM 1B. UNRESOLVED STAFF COMMENTS.

     Not applicable.

ITEM 2. PROPERTIES.

     We neither rent nor own any  properties at this time. We presently  have no
agreements  to  acquire  any  properties  and have no  policy  with  respect  to
investments or interests in real estate, real estate mortgages or securities of,
or interests in, persons primarily engaged in real estate activities.

                                       7
<PAGE>
     We  currently   maintain  an  address  at  5155   Spectrum  Way,  Unit  #5,
Mississauga, ON, Canada L4W 5A1. We pay no rent or other fees for the use of our
office  space.  We do not  presently  believe  that we will need to maintain any
additional  office  space  in  order to  carry  out our  plan of  operations  as
described herein.

ITEM. 3 LEGAL PROCEEDINGS.

     We are not a party  to any  legal  proceedings  and  are not  aware  of any
threatened  litigation.  There have been no events under any bankruptcy  act, no
criminal proceedings and no judgments,  injunctions,  orders or decrees material
to the  evaluation  of the  ability and  integrity  of any  director,  executive
officer, promoter or control person of ours during the past 10 years.

ITEM 4. (REMOVED AND RESERVED).

     Not applicable

                                     PART II

ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND
        ISSUER PURCHASES OF EQUITY SECURITIES.

     Our  common  stock  is not  currently  traded  or  quoted  on any  national
exchange.  We are not aware of any market  activity  in our common  stock  since
inception  through the date of this  filing.  While we intend to arrange to have
our common stock traded on the public market after  complying  with Rule 419 and
with the availability of our shares to be sold on the public market, we have not
yet  applied to have our stock  listed on an  exchange  or quoted on a quotation
service.  We do intend to apply for  quotation  of our  common  stock on the OTC
Bulletin  Board  subsequent to (A) our  consummation  of a Business  Combination
Transaction,  (B) filing a Form 8-K with the SEC with current  information  with
respect  to the  combined  companies  and (C) the SEC  declaring  such  Form 8-K
effective. There can be no assurance that a trading market will ever develop or,
if developed, that it will be sustained.

     Because it is not contemplated that any of our stockholders  intend to sell
their shares  until we enter into a Business  Combination  Transaction,  and any
sales will have to be through a broker-dealer,  we will not know in which states
prospective  purchasers will be located, It will be the broker's  responsibility
to confirm that sales can legally be made in the applicable states.

        When our common  stock begins  trading on the Over the Counter  Bulletin
Board,  our  common  stock  will  likely  be  considered  a "penny  stock."  The
application  of the "penny  stock"  rules to our common  stock  could  limit the
trading and liquidity of the common stock,  adversely affect the market price of
our common stock and increase your transaction  costs to sell those shares.  The
Commission has adopted  regulations which generally define a "penny stock" to be
any equity  security that has a market price (as defined) of less than $5.00 per
share or an  exercise  price of less than  $5.00 per  share,  subject to certain
exceptions.

HOLDERS

     As of March 24, 2011, there were 56 shareholders of record of the Company's
Common Stock.

                                       8
<PAGE>
DIVIDENDS

     The Company has not declared any cash  dividends with respect to its common
stock or preferred stock during the last two fiscal years and does not intend to
declare dividends in the foreseeable future. There are no material  restrictions
limiting or that are likely to limit the  Company's  ability to pay dividends on
its outstanding securities.

RECENT ISSUANCE OF UNREGISTERED SECURITIES

     From  December  2009,  until  March 23,  2010,  we issued an  aggregate  of
2,932,559  shares of our common  stock to a total of 54  investors  who were not
citizens  or  residents  of the United  States at a  purchase  price of $.01 per
share.

     In March  2010,  we  issued  200,000  shares  of our  common  stock  for an
aggregate  consideration of $2,000 to David E. Wise, our securities  counsel, as
payment for legal services previously rendered.

     The above  shares  issued to David E. Wise were  issued in  reliance of the
exemption from registration  requirements of the 33 Act provided by Section 4(2)
promulgated  thereunder,  as the  issuance of the stock did not involve a public
offering of securities based on the following:

     *    the investor  represented  to us that he was acquiring the  securities
          for his own  account  for  investment  and not for the  account of any
          other person and not with a view to or for distribution, assignment or
          resale in connection with any  distribution  within the meaning of the
          33 Act;

     *    we provided such investor with written  disclosure  prior to sale that
          the  securities  have  not  been  registered  under  the 33  Act  and,
          therefore,  cannot be resold unless they are  registered  under the 33
          Act or unless an exemption from registration is available;

     *    the investor  agreed not to sell or otherwise  transfer the  purchased
          securities  unless  they  are  registered  under  the 33 Act  and  any
          applicable  state  laws,  or an  exemption  or  exemptions  from  such
          registration are available;

     *    such  investor had  knowledge  and  experience  in financial and other
          business matters such that he was capable of evaluating the merits and
          risks of an investment in us;

     *    such  investor  was  given  information  and  access  to  all  of  our
          documents,  records,  books,  officers and  directors,  our  executive
          offices  pertaining to the investment and was provided the opportunity
          to  ask  questions  and  receive  answers   regarding  the  terms  and
          conditions  of the offering and to obtain any  additional  information
          that we possesses or were able to acquire without  unreasonable effort
          and expense;

     *    such investor had no need for liquidity in their  investment in us and
          could afford the complete loss of their investment in us;

     *    we  did  not  employ  any  advertisement,  article,  notice  or  other
          communication published in any newspaper, magazine or similar media or
          broadcast over television or radio;

     *    we did not  conduct,  hold or  participate  in any  seminar or meeting
          whose  attendees  had been  invited  by any  general  solicitation  or
          general advertising;

                                       9
<PAGE>
     *    we  placed  a  legend  on each  certificate  or  other  document  that
          evidences the  securities  stating that the  securities  have not been
          registered  under the 33 Act and  setting  forth or  referring  to the
          restrictions on transferability and sale of the securities;

     *    we placed stop transfer instructions in our stock transfer records;

     *    no underwriter was involved in the offering; and

     *    we made  independent  determinations  that such  person  person  was a
          sophisticated  or  accredited  investor  and  that he was  capable  of
          analyzing  the merits  and risks of their  investment  in us,  that he
          understood the speculative  nature of their  investment in us and that
          he could lose their entire investment in us.

     The 2,932,559  shares sold and issued to 54 investors who were not citizens
or residents of the United States were issued in reliance on the exemption under
Regulation S promulgated under the 33 Act.

     We believe that Regulation S was available to us because:

     *    None of these issuances involved underwriters,  underwriting discounts
          or commissions;

     *    We  placed   Regulation   S  required   restrictive   legends  on  all
          certificates issued;

     *    No offers or sales of stock under the  Regulation S offering were made
          to persons in the United States; and

     *    No direct  selling  efforts of the  Regulation S offering were made in
          the United States.

ISSUER PURCHASES OF EQUITY SECURITIES

     None.

ITEM 6. SELECTED FINANCIAL DATA.

     Not applicable.

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
        OF OPERATION.

CAUTIONARY FORWARD - LOOKING STATEMENT

     The following is a discussion and analysis of the results of operations and
financial condition of Meiguo Ventures, Inc. for the fiscal years ended December
31, 2010 and 2009.  References to "we," "our," or "us" in this section refers to
the  Company  and its  subsidiaries.  Our  discussion  includes  forward-looking
statements based upon current expectations that involve risks and uncertainties,
such as our plans, objectives,  expectations and intentions.  Actual results and
the timing of events could differ  materially  from those  anticipated  in these
forward-looking  statements as a result of a number of factors,  including those
set forth  under  the Risk  Factors,  Forward-Looking  Statements  and  Business
sections in this Annual Report.  We use words such as "anticipate,"  "estimate,"

                                       10
<PAGE>
"plan,"  "project,"  "continuing,"  "ongoing,"  "expect,"  "believe,"  "intend,"
"may,"  "will,"   "should,"   "could,"  and  similar   expressions  to  identify
forward-looking statements.

OVERVIEW

BUSINESS DEVELOPMENT

     Meiguo  Ventures  I,  Inc.  ("Company")  was  incorporated  in the State of
Delaware on October 31, 2008.  The Company has been in the  developmental  stage
since inception and has conducted virtually no business operations.  The Company
has no full-time  employees  and owns no real estate or personal  property.  The
Company was formed as a vehicle to pursue a business combination and has made no
efforts to identify a possible business  combination.  As a result,  the Company
has not conducted negotiations or entered into a letter of intent concerning any
target business.  The business purpose of the Company is to seek the acquisition
of, or merger with, an existing  company.  We have a minimal amount of cash. The
Independent  Auditor's  Report to our financial  statements  for the period from
October  31, 2008  (Inception)  to December  31,  2010,  included in this annual
report,  indicates  that  there are a number of factors  that raise  substantial
doubt about our ability to continue as a going concern.  Such doubts  identified
in the report  include the fact (i) that we have not  established  any source of
revenue to cover our operating  costs;  (ii) that we will engage in very limited
activities  without  incurring  any  liabilities  that must be satisfied in cash
until a  source  of  funding  is  secured;  (iii)  that we  will  offer  noncash
consideration and seek equity lines as a means of financing our operations; (iv)
that if we are unable to obtain revenue  producing  contracts or financing or if
the revenue or financing  we do obtain is  insufficient  to cover any  operating
losses we may incur, we may substantially curtail or terminate our operations or
seek other business  opportunities through strategic alliances,  acquisitions or
other arrangements that may dilute the interests of existing stockholders.

BUSINESS OF ISSUER

     The Company, based on our proposed business activities,  is a "blank check"
company.  The U.S.  Securities  and Exchange  Commission  ("SEC")  defines those
companies  as "any  development  stage  company  that is issuing a penny  stock,
within the meaning of Section 3 (a) (51) of the Exchange Act of 1934, as amended
("Exchange  Act") and that has no  specific  business  plan or  purpose,  or has
indicated  that its business  plan is to merge with an  unidentified  company or
companies. Under Rule 12b-2 promulgated under the Exchange Act, the Company will
be deemed to be a "shell  company,"  because it has no or nominal  assets (other
than cash) and no or nominal  operations.  Many  states have  enacted  statutes,
rules and regulations limiting the sale of securities of "blank check" companies
in their respective  jurisdictions.  Management does not intend to undertake any
efforts to cause a market to develop in our  securities,  either debt or equity,
until we have successfully concluded a business combination. The Company intends
to comply with the periodic  reporting  requirements  of the Exchange Act for so
long as we are subject to those requirements.

     The  Company  was  organized  to provide a method for a foreign or domestic
privately  held  company to become a  reporting  company  whose  securities  are
qualified for trading in the United States securities  markets,  such as the New
York Stock Exchange  ("NYSE"),  NASDAQ,  American Stock Exchange ("AMEX") or the
OTC Bulletin Board, and, as a vehicle to investigate and, if such  investigation
warrants,  acquire a target company or business seeking the perceived advantages
of being a publicly held reporting  company.  The Company's  principal  business
objective for the next 12 months and beyond will be to achieve  long-term growth
potential   through  a  combination  with  a  business  rather  than  immediate,
short-term  earnings.  The Company  will not restrict  its  potential  candidate
target  companies to any specific  industry or geographical  location and, thus,
may acquire or merge with any type of business, domestic or foreign.

     Since we have only one officer and director,  Teresita Rubio,  the analysis
of new business opportunities will be undertaken by and under the supervision of
our Ms.  Rubio.  As of the date of this  filing,  we have not  entered  into any

                                       11
<PAGE>
definitive   agreement  with  any  party,  nor  have  there  been  any  specific
discussions with any potential business combination candidate regarding business
opportunities  for the Company.  We have  unrestricted  flexibility  in seeking,
analyzing and participating in potential  business  opportunities.  However,  we
have a nominal amount of cash at this time and no plan to raise additional money
through the sale of equity or borrow money from a  traditional  lending  source.
Ms. Rubio has  verbally  committed to the Company that he will fund the costs of
preparing the Company's Exchange Act reports (Form 10-Ks, Form 10-Qs, Form 8-Ks)
for the current  fiscal year ending  December 31, 2011 if the Company's  current
amount of cash is insufficient. However, Ms. Rubio has not committed to pay such
costs  beyond  the  preparation  of the Form  10-K for the  fiscal  year  ending
December 31,  2011.  In the event that Ms. Rubio fails to pay such costs and the
Company's  current amount of cash is  insufficient,  the Company's  common stock
would  likely be limited to  quotation  on the Pink Sheets and no market for the
common  stock  would  develop  or, if a market did  develop,  the market for our
common stock would not exist for very long.  Investors in our common stock could
lose part or all of their investment in our shares.

FINANCIAL RESULTS AND OUTLOOK

     From its inception on October 31, 2008,  the Company has been funded by its
sole  officer  and  director  and from  proceeds  from the  issuance  of  equity
securities.  We have generated no revenues or profits through December 31, 2010.
We also have very  little  operating  history  upon which an  evaluation  of our
future  success or failure can be made. As of December 31, 2010, we had incurred
a net loss of approximately $41,596 since inception.

     From  December  2009,  until  March 23,  2010,  we issued an  aggregate  of
2,932,559  shares to a total of 54  investors  at a  purchase  price of $.01 per
share for an aggregate amount of $29,325.

     We have generated no revenue since  inception and our loss from  operations
was $38,339 for the twelve months ended December 31, 2010. There was no activity
in the Company for the twelve months ended  December 31, 2009.  Net cash used by
operating  activities was $32,489 and net cash provided by financing  activities
was $32,545 for the twelve months ended  December 31, 2010.  The Company's  cash
balance at December 31, 2010 was $2,569.

     Since the Company's principal business objective for the next 12 months and
beyond will be to achieve  long-term growth potential through a combination with
a business rather than immediate,  short-term  earnings,  the Company may have a
sufficient amount of cash on hand in order to achieve our objective.  Additional
funding may be required  from our sole officer and director  and, if  necessary,
proceeds from the issuance of equity securities.

CRITICAL ACCOUNTING POLICIES

     The Company has not earned any revenue  from  operations  since  inception.
Accordingly,  the  Company's  activities  have been  accounted for as those of a
"DEVELOPMENT  STAGE  ENTERPRISE"  as set  forth in ASC 915,  "DEVELOPMENT  STAGE
ENTITIES."  Among the  disclosures  required by ASC 915, are that the  Company's
financial  statements be identified as those of a development stage company, and
that the statements of operations,  stockholders' equity and cash flows disclose
activity  since the date of the Company's  inception.  The Company has elected a
fiscal year ending on December 31.

     In April 2009,  the FASB issued FASB ASC  825-10-50  and FASB ASC 270 ("FSP
107-1  AND  APB  28-1  Interim   Disclosures   About  Fair  Value  Of  Financial
Instruments"),  which  increases  the frequency of fair value  disclosures  to a
quarterly  basis  instead of on an annual  basis.  The guidance  relates to fair
value disclosures for any financial instruments that are not currently reflected
on an entity's balance sheet at fair value.  FASB ASC 825-10-50 and FASB ASC 270
are effective  for interim and annual  periods  ending after June 15, 2009.  The

                                       12
<PAGE>
adoption of FASB ASC 825-10-50  and FASB ASC 270 did not have a material  impact
on results of operations, cash flows, or financial position.

     We account for non-employee stock-based compensation in accordance with ASC
718 and ASC Topic 505 ("ASC 505"). ASC 718 and ASC 505 require that we recognize
compensation   expense  based  on  the  estimated   fair  value  of  stock-based
compensation  granted  to  non-employees  over  the  vesting  period,  which  is
generally the period during which services are rendered by the non-employees.

     Income  Taxes  - The  Company  accounts  for its  income  taxes  under  the
provisions of FASB-ASC-10 "Accounting for Income Taxes." This statement requires
the use of the asset and  liability  method of  accounting  for deferred  income
taxes.   Deferred  income  taxes  reflect  the  net  tax  effects  of  temporary
differences between the carrying amounts of assets and liabilities for financial
reporting  purposes and the amounts used for income tax reporting  purposes,  at
the applicable  enacted tax rates.  The Company  provides a valuation  allowance
against its deferred tax assets when the future  realizability  of the assets is
no longer  considered  to be more  likely  than not.  There  were no  current or
deferred  income tax  expenses  or  benefits  due to the  Company not having any
material  operations  for the period from October 31, 2008  (Inception)  through
December 31, 2010.

     Earnings  per  share is  computed  in  accordance  with the  provisions  of
Financial Accounting  Standards (FASB) Accounting  Standards  Codification (ASC)
Topic 260 (SFAS No. 128,  "Earnings  Per  Share").  Basic net income  (loss) per
share is computed using the weighted-average number of common shares outstanding
during  the  period.   Diluted   earnings  per  share  is  computed   using  the
weighted-average  number of common  shares  outstanding  during the  period,  as
adjusted  for the  dilutive  effect  of the  Company's  outstanding  convertible
preferred shares using the "if converted"  method and dilutive  potential common
shares. Potentially dilutive securities include warrants,  convertible preferred
stock, restricted shares, and contingently issuable shares.

RECENT ACCOUNTING PRONOUNCEMENTS

     In  May  2009,  the  FASB  issued  FASB  ASC  855-10  (prior  authoritative
literature,  FSB No. FAS 165, "Subsequent Events").  FASB ASC 855-10 established
general  standards of accounting  for and  disclosure of events that occur after
the balance  sheet date but before  financial  statements  are issued.  FASB ASC
855-10 is effective for interim or annual  financial  periods  ending after June
15,  2009.  FASB ASC  855-10  did not have a  material  effect on the  financial
position, cash flows, or results of operations.

     In June  2009,  the  FASB  issued  FASB  ASC  105-10  (prior  authoritative
literature, FSB No. FAS 168, "The FASB Accounting Standards Codification and the
Hierarchy of Generally  Accepted  Accounting  Principles-a  replacement  of FASB
Statement No. 162).  FASB ASC 105-10  replaces SFAS 162 and establishes the FASB
Accounting  Standards  Codification  as the source of  authoritative  accounting
principles  recognized by the FASB to be applied by nongovernmental  entities in
the preparation of financial statements in conformity with GAAP. FASB ASC 105-10
is effective  for  financial  statements  issued for interim and annual  periods
ending after  September 15, 2009. As such, the Company is required to adopt this
standard  in the  current  period.  Adoption  of FASB ASC  105-10 did not have a
significant effect on the Company's consolidated financial statements.

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

                                       13
<PAGE>
COMPARISON OF THE THREE-MONTH PERIODS ENDED DECEMBER 31, 2010 AND 2009

GENERAL AND ADMINISTRATION EXPENSES

     General and administration  expenses consist primarily of professional fees
and other general and administrative expenses.

     Other General and Administrative Expenses. Other general and administrative
expenses consist of filing fees and bank service charges. Filing fees totaled $0
for the three month  period ended  December  31, 2010.  and $2,231 for the three
months ended December 31, 2009.

NET LOSS

     Our net loss was $ 5,000 for the three month period ended December 31, 2010
comparable to a net loss of $3027 for the same period of 2009. These were due to
the general and administration expenses listed above.

COMPARISON OF THE FISCAL YEARS ENDED DECEMBER 31, 2010 AND 2009

GENERAL AND ADMINISTRATION EXPENSES

     General and administration  expenses consist primarily of professional fees
and other general and administrative expenses.

     Professional   Fees.   Professional  fees  consist  of  fees  paid  to  our
independent  accountants,  lawyers  and  other  professionals  and  consultants.
Professional fees totaled $35,003 for the twelve month period ended December 31,
2010 and consisted of $15,503 in legal fees, $5,500 in audit fees and $14,000 in
consulting  fees. These expenses  related to the Company's  prospectus,  sale of
securities, audits, reviews and general consulting fees paid.

     Other General and Administrative Expenses. Other general and administrative
expenses  consist of filing fees and bank service  charges.  Filing fees totaled
$2,001  and bank  charges  totaled  $1,335  for the twelve  month  period  ended
December31, 2010 and December 31, 2009

NET LOSS

     Our net loss was $38,339 for the twelve  month  period  ended  December 31,
2010 due to the general and administration expenses listed above.

LIQUIDITY AND CAPITAL RESOURCES

     Since our inception,  we have funded our operations  primarily  through the
private  sales of equity  securities  during the period from December 2009 until
March 23, 2010, when we issued an aggregate of 2,932,559 shares for an aggregate
amount of $29,325. In addition,  our sole officer has advanced a total of $5,890
to the Company for working capital  requirements  during the period from October
31, 2008 (Inception) to December 31, 2010.

     As of  December  31,  2010  and  December  31,  2009 we had  cash  and cash
equivalents of $2,569 and $2,513 respectively.

                                       14
<PAGE>
     Net cash used by  operating  activities  was $32,489 for the twelve  months
ended  December  31,  2010  and was  comprised  of our net loss of  $38,339,  an
increase in accrued expenses of $600, accounts payable of 3,250 and common stock
issued for legal services valued at $2,000.

     Net cash provided by financing activities was $32,545 for the twelve months
ended December 31, 2010,  consisting of 2,688,559 shares of common stock sold to
investors for an aggregate of $26,885 and $5,660  advanced to the Company by its
sole officer for working  capital  requirements.Net  cash  provided by financing
activities was $2,540 for the twelve months ended December 31, 2009.

PERCEIVED BENEFITS

     There are certain  perceived  benefits to being a reporting  company with a
class of publicly-traded  securities.  These are commonly thought to include the
following:

     *    the  ability to use  registered  securities  to make  acquisitions  of
          assets or businesses;

     *    increased visibility in the financial community;

     *    the facilitation of borrowing from financial institutions;

     *    improved trading efficiency;

     *    shareholder liquidity;

     *    greater ease in raising capital;

     *    compensation  of key  employees  through stock options for which there
          may be a market valuation;

     *    enhanced corporate image; and

     *    a presence in the United States' capital markets.

POTENTIAL TARGET COMPANIES

     A business entity that may be interested in a business combination with the
Company may include the following:

     *    a company for which a primary  purpose of becoming a public company is
          the use of is securities for the acquisition of assets or business;

     *    a company that is unable to find an  underwriter  of its securities or
          is unable to find an underwriter of securities on terms  acceptable to
          it;

     *    a company that believes it will be able to obtain  investment  capital
          on more favorable terms after it has become public;

     *    a foreign  company  that may wish an  initial  entry  into the  United
          States' securities markets;

     *    a special situation company, such as a company seeking a public market
          to satisfy redemption  requirements under a qualified  Employees Stock
          Option Plan; and

     *    a company  seeking  one or more of the  other  perceived  benefits  of
          becoming a public company.

                                       15
<PAGE>
     The analysis of new business  opportunities  will be undertaken by or under
the supervision of our officers,  directors,  accountants and legal counsel.  We
will have  unrestricted  flexibility in seeking,  analyzing and participating in
potential   business   opportunities.   In  our  efforts  to  analyze  potential
acquisition targets, we will consider the following kinds of factors:

     *    potential for growth, indicated by new technology,  anticipated market
          expansion or new products or services;

     *    competitive  position as  compared to other firms of similar  size and
          experience within the industry segment, as well as within the industry
          as a whole;

     *    strength and diversity of management, either in place or scheduled for
          recruitment;

     *    capital  requirements and anticipated  availability of required funds,
          to be provided by the Company or from operations,  through the sale of
          additional securities,  through joint ventures or similar arrangements
          or from other sources;

     *    the cost of  participation by the Company as compared to the perceived
          tangible and intangible values and potentials;

     *    the extent to which the business opportunity can be advanced;

     *    the accessibility of required  management  expertise,  personnel,  raw
          materials, services, professional assistance and other required items;
          and

     *    other  factors  deemed to be relevant by our  management  team,  which
          currently consists solely of Ms. Rubio.

     In applying the foregoing  criteria,  no one of which will be  controlling,
management  will  attempt to analyze all factors  and  circumstances  and make a
determination based upon reasonable  investigative  measures and available data.
Potentially  available  business  opportunities  may  occur  in  many  different
industries,  and at various  stages of  development,  all of which will make the
task of comparative  investigation  and analysis of such business  opportunities
extremely  difficult  and  complex.  Due  to  our  limited  financial  resources
available for investigation,  we may not discover or adequately evaluate adverse
facts about the opportunity to be acquired.

     No  assurances  can be given that the Company  will be able to enter into a
business combination of any nature.

FORM OF ACQUISITION

     The manner in which the Company  participates in an opportunity will depend
upon the nature of the  opportunity,  the  respective  needs and  desires of the
Company  and the  promoters  of the  opportunity  and the  relative  negotiating
strength of the Company and such promoters.

     It is likely that the Company will acquire its  participation in a business
opportunity  through the  issuance of common  stock or other  securities  of the
Company.  Although the terms of any such  transaction  cannot be  predicted,  it
should be noted that in  certain  circumstances  the  criteria  for  determining

                                       16
<PAGE>
whether or not an acquisition  is a so-called  "tax-free"  reorganization  under
Section  368(a) (1) of the Internal  Revenue Code of 1986, as amended  ("Code"),
depends upon whether the owners of the acquired  business own 80% or more of the
voting stock of the surviving  entity.  If a transaction were structured to take
advantage of these provisions rather than other "tax-free"  provisions  provided
under the Code, our  stockholders  would, in such  circumstances,  retain 20% or
less of the total  issued and  outstanding  shares of the  Company.  Under other
circumstances,  depending upon the relative negotiating strength of the parties,
our stockholders may retain  substantially less than 20% of the total issued and
outstanding  shares of the surviving  entity.  This could result in  substantial
additional  dilution to the equity of those who were stockholders of the Company
prior to such reorganization.

     Our present  stockholders will likely not have control of a majority of our
voting  shares  following  a  reorganization  transaction.  As  part  of  such a
transaction,  all or a majority of the officers and directors may resign and new
officers and directors may be appointed without any vote by our stockholders.

     In the case of an acquisition, the transaction may be accomplished upon the
sole  determination of management  without any vote or approval by stockholders.
In the case of a  statutory  merger  or  consolidation  directly  involving  the
Company, it will likely be necessary to call a stockholders'  meeting and obtain
the  approval  of the  holders  of a majority  of the  outstanding  shares.  The
necessity to obtain such stockholder approval may result in delay and additional
expense in the consummation of any proposed  transaction and will also give rise
to certain appraisal right to dissenting stockholders.  Most likely,  management
will seek to structure  any such  transaction  so as not to require  stockholder
approval.

     It is anticipated that the investigation of specific business opportunities
and the negotiation, drafting and execution of relevant agreements,  disclosures
documents and other  instruments  will require  substantial  management time and
attention and  substantial  cost for  accountants,  attorneys  and others.  If a
decision is made not to  participate  in a specific  business  opportunity,  the
costs  incurred  in  the  related   investigation   would  not  be  recoverable.
Furthermore, even if an agreement is reached for the participation in a specific
business  opportunity,  the failure to consummate that transaction may result in
the loss to the Company of the related costs incurred.

     We presently have no employees other than Teresita Rubio,  our sole officer
and  director.  Our  officer and sole  director  is engaged in outside  business
activities  and  anticipates  he will devote to our  business  very limited time
until the acquisition of a successful business  opportunity has been identified.
We expect no significant  changes in the number of our employees other than such
changes, if any, incident to a business combination.

     Although our management has not taken any preliminary steps to consummate a
business  combination,  we anticipate  beginning our search for viable  business
combination  targets  once we  become a fully  reporting  company  with the U.S.
Securities and Exchange Commission. We believe there are many valuable resources
we can reach out to in order to identify  potential targets  including,  but not
limited  to,  business  brokers,  networking  web sites,  conferences,  business
professionals  and direct  contacts by our management  with business owners with
whom management is familiar.

COMPETITIVE CONDITIONS

     We are in a  highly  competitive  market  for a small  number  of  business
opportunities  which could reduce the  likelihood of  consummating  a successful
business  combination.   We  are  and  will  continue  to  be  an  insignificant
participant  in the business of seeking  mergers with,  joint  ventures with and
acquisitions of small private and public entities. A large number of established
and well-financed entities, including small public companies and venture capital
firms, are active in mergers and acquisitions of companies that may be desirable
target candidates for us. Nearly all these entities have  significantly  greater
financial resources, technical expertise and managerial capabilities than we do;
consequently,  we will be at a competitive  disadvantage in identifying possible
business opportunities and successfully completing a business combination. These

                                       17
<PAGE>
competitive   factors  may  reduce  the  likelihood  of  our   identifying   and
consummating a successful  business  combination.  In reality,  it might be more
feasible  for a  privately  held  company  to file its own Form 10  registration
statement to become a fully  reporting  company than to give up ownership to the
Company by entering into a business combination with us.

     In the event we are  successful in  identifying  a private  company that is
interested  in  combining  with us, the private  company will have to provide us
with a lot of information related to its business history, prospects,  financial
condition,  management  and have books and records  that are  auditable  without
undue time and expense. Upon entry into a definitive agreement with a target, we
will  have to file a Form 8-K  describing  the  proposed  transaction,  that the
proposed  transaction  will  result in a change in  control of our  Company  and
include audited financial statements of the combined entity as an exhibit to the
Form 8-K or in an amendment to the Form 8-K.

REPORTS TO SECURITY HOLDERS

     1.   We will be subject to the  informational  requirements of the Exchange
          Act. Accordingly, we will file annual, quarterly and periodic reports,
          proxy  statements,  information  statements and other information with
          the SEC.

     2.   The public may read and copy any  materials the Company files with the
          SEC at the SEC's Public Reference Room at 100 F Street, NE, Room 1580,
          Washington,  D.C. 20549. The public may call the SEC at 1-800-SEC-0330
          for further  information on the Public Reference Room. Our SEC filings
          will  also  be  available  to the  public  at the  SEC's  web  site at
          http://www.sec.gov.

ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK.

     Not applicable.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

     Our financial  statements and supplementary  data may be found beginning at
page F-1.

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
        FINANCIAL DISCLOSURE.

     Not applicable.

ITEM 9A. CONTROLS AND PROCEDURES.

DISCLOSURE CONTROLS AND PROCEDURES

     Commencing  with our Annual  Report for the 2011  fiscal  year,  we will be
required to maintain  "disclosure controls and procedures." The term "disclosure
controls and  procedures," as defined in Rules 13a-15(e) and 15d-15(e) under the
Securities and Exchange Act of 1934, as amended ("Exchange Act"), means controls
and other  procedures of a company that are designed to ensure that  information
required to be disclosed by the company in the reports it files or submits under
the Exchange Act is recorded,  processed,  summarized  and reported,  within the
time periods  specified in the  Securities and Exchange  Commission's  rules and
forms.  Disclosure  controls and procedures  also include,  without  limitation,
controls  and  procedures  designed  to ensure that  information  required to be
disclosed  by a  company  in the  reports  that it files or  submits  under  the
Exchange  Act is  accumulated  and  communicated  to the  company's  management,
including its principal executive and principal  financial officers,  or persons
performing  similar  functions,  as  appropriate,   to  allow  timely  decisions
regarding required disclosure.

                                       18
<PAGE>
MANAGEMENT'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING

     Commencing  with our Annual Report for the 2011 fiscal year, our management
will be responsible for establishing and maintaining  adequate  internal control
over financial  reporting as defined in Rules  13a-15(f) and 15d-15(f) under the
Exchange  Act. Our  internal  control  over  financial  reporting is designed 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.  Our  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 our
          assets;

     (2)  provide  reasonable   assurance  that  transactions  are  recorded  as
          necessary to permit preparation of financial  statements in accordance
          with U.S. GAAP, and that our receipts and  expenditures are being made
          only in  accordance  with  the  authorization  of our  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 the financial statements.

     Because  of its  inherent  limitations,  internal  control  over  financial
reporting  may not prevent or detect  misstatements.  Also,  projections  of any
evaluation  of  effectiveness  to 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 or procedures may deteriorate.

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

CHANGES IN INTERNAL CONTROL OVER FINANCIAL REPORTING.

     We did not change our internal control over financial  reporting during our
last  fiscal  quarter  that  materially  affected,  or is  reasonably  likely to
materially affect, the Company's internal control over financial reporting.

ITEM 9B. OTHER INFORMATION.

     Not applicable.

                                    PART III

ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE.

     Our  executive  officers are elected by the board of directors and serve at
the discretion of the board.  All of the current  directors serve until the next
annual  shareholders'  meeting or until their  successors have been duly elected
and qualified.  The following table sets forth certain information regarding our
current directors and executive officers:

                                       19
<PAGE>
    Name             Age               Position                  Director Since
    ----             ---               --------                  --------------

Teresita Rubio       64        Chief Executive Officer,         January 31, 2010
                               Chief Financial Officer,
                               Chief Operating Officer,
                               and Director

     Certain biographical information of our current director and officer is set
forth below.

TERESITA  RUBIO,  CHIEF  EXECUTIVE  OFFICER,   CHIEF  FINANCIAL  OFFICER,  CHIEF
OPERATING OFFICER AND A DIRECTOR

     Since 2009,  Teresita  Rubio has been a consultant to various  companies in
need of  accounting  processes  and business  management  in various  operations
sectors. From 2005 to 2009, Ms. Rubio served as the Chief Executive Officer of a
construction  company where her previous  experience in management,  accounting,
technical  expertise  and  ability to speak  Spanish,  Italian,  Portuguese  and
English  helped the company  with its foreign  clients.  From 1980 to 2000,  Ms.
Rubio worked for the Ministry of Education.  From 1974 to 1980, Ms. Rubio worked
as an  accountant  for  a  technology  and  consulting  firm.  Ms.  Rubio  is an
accountant  who was educated in her home  country of  Argentina.  She  currently
resides in Toronto, ON, Canada.

COMMITTEES OF THE BOARD OF DIRECTORS

     We do not currently have an audit committee or a compensation committee.

COMPENSATION OF DIRECTORS

     Our directors do not receive any direct cash compensation for their service
on our board of directors.

DIRECTORSHIPS

     During the past five years,  none of our directors or persons  nominated or
chosen to become  directors  held any other  directorship  in any company with a
class of securities registered pursuant to Section 12 of the 1934 Act or subject
to the requirements of Section 15(d) of such Act or any other company registered
as an investment company under the Investment Company Act of 1940.

OTHER SIGNIFICANT EMPLOYEES

     No other significant employees exist.

FAMILY RELATIONSHIPS

     No family  relationship  exists  between or among any of our  officers  and
directors.

CODE OF BUSINESS CONDUCT AND ETHICS

     On March  24,  2010,  we  adopted a Code of  Business  Conduct  and  Ethics
applicable to our officers, including our principal executive officer, principal
financial  officer,  principal  accounting  officer or controller  and any other

                                       20
<PAGE>
persons performing  similar  functions.  Our Code of Business Conduct and Ethics
was designed to deter wrongdoing and promote honest and ethical  conduct,  full,
fair and accurate  disclosure,  compliance with laws, prompt internal  reporting
and  accountability to adherence to our Code of Business Conduct and Ethics. Our
Code of Business  Conduct  and Ethics will be posted on our website  whenever we
set it up. We also intend to disclose any future  amendments to, and any waivers
from (though none are  anticipated),  the Code of Business Conduct and Ethics in
the  "Governance"  section  of our  website  whenever  we set it up. Our Code of
Business  Conduct and Ethics will be provided free of charge by us to interested
parties  upon  request.  Requests  should be made in writing and directed to the
Company at the following address:  5155 Spectrum Way, Unit #5, Mississauga,  ON,
Canada L4W 5A1.

ITEM 11. EXECUTIVE COMPENSATION.

     Since  inception,  we have not paid any compensation to any of our officers
or directors.

     It is possible that, after the Company successfully  consummates a business
combination  with an  unaffiliated  entity,  that entity may desire to employ or
retain  one or a  number  of  members  of our  management  for the  purposes  of
providing services to the surviving entity.  However,  the Company has adopted a
policy  whereby  the offer of any  post-transaction  employment  to  members  of
management will not be a consideration  in our decision whether to undertake any
proposed transaction.

DIRECTOR COMPENSATION

     We do not have a formal compensation plan for our directors.

EMPLOYMENT CONTRACTS

     We do not have any employment agreements with our employees or officers.

STOCK OPTIONS AND WARRANTS

     We have no outstanding stock options or warrants.

OPTION/SAR GRANTS TABLE

     There were been no stock  options/SARS  granted to  executive  officers and
directors, since we have no such plans in effect.

AGGREGATE OPTION/SAR EXERCISES AND FISCAL YEAR-END OPTION/SAR VALUE TABLE

     There have been no exercises of stock options/SAR by executive officers.

LONG-TERM INCENTIVE PLAN AWARDS

     There were been no long-term incentive plan awards made by the company.

REPRICING OPTIONS

     We have never repriced any stock options.

                                       21
<PAGE>
COMPENSATION DISCUSSION AND ANALYSIS

     We have  prepared the  following  Compensation  Discussion  and Analysis to
provide you with  information  that we believe is  necessary to  understand  our
executive compensation policies and decisions as they relate to the compensation
of our named executive officers.

     We have only one member on our board of directors and do not currently have
a compensation committee.

     The  primary  objectives  of the  compensation  committee  with  respect to
executive  compensation  will be to (i)  attract  and retain  the best  possible
executive  talent  available  to us; (ii)  motivate  our  executive  officers to
enhance our growth and profitability and increase  shareholder  value; and (iii)
reward superior  performance and  contributions  to the achievement of corporate
objectives.

     The focus of our  executive  pay  strategy  will be to tie  short-term  and
long-term cash and equity incentives to the achievement of measurable  corporate
and  individual  performance  objectives  or benchmarks  and to align  executive
compensation with the creation and enhancement of shareholder value. In order to
achieve  these  objectives,  our  compensation  committee  will be  tasked  with
developing  and  maintaining  a  transparent  compensation  plan that will tie a
substantial  portion  of our  executives'  overall  compensation  to our  sales,
operational efficiencies and profitability.

     Our board of directors has not set any performance objectives or benchmarks
for 2011, as it intends for those  objectives and benchmarks to be determined by
the  compensation  committee  once it is  constituted  and then  approved by the
board.   However,   we  anticipate  that  compensation   benefits  will  include
competitive  salaries,  bonuses (cash and equity  based),  health  insurance and
stock option plans.

     Our compensation  committee will meet at least quarterly to assess the cost
and effectiveness of each executive benefit and the performance of our executive
officers in light of our revenues, expenses and profits.

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND
         RELATED STOCKHOLDER MATTERS.

     To our  knowledge,  the following  table sets forth,  as of March 24, 2011,
information regarding the ownership of our common stock by:

     *    Persons who own more than 5% of our common stock

     *    each of our directors and each of our executive officers; and

     *    all directors and executive officers as a group.

     Each person has sole voting and investment power with respect to the shares
shown, except as otherwise noted.

                                       22
<PAGE>
                                                    Amount and Nature of
                                                    Beneficial Ownership
         Name and Address                       ----------------------------
       of Beneficial Owner                      Number           Percent (1)
       -------------------                      ------           -----------

     Teresita Rubio                           1,065,000            25.77%
     5155 Spectrum Way, Unit #5
     Mississauga, ON, Canada L4W 5A1

     All officers and directors as a
      group (1 person)                        1,065,000            25.77%

----------
(1)  The  numbers  and  percentages  set  forth in these  columns  are  based on
     4,132,559  shares of common stock  outstanding  as of March 24,  2011.  The
     number  and  percentage  of  shares  beneficially  owned is  determined  in
     accordance with Rule 13d-3 of the Securities  Exchange Act of 1934, and the
     information is not necessarily  indicative of beneficial  ownership for any
     other purpose. Under such rule, beneficial ownership includes any shares as
     to which the selling  security  holder has sole or shared  voting  power or
     investment power and also any shares, which the selling security holder has
     the right to acquire within 60 days.

     There  are  no  arrangements  or  understandings  among  the  entities  and
individuals  referenced above or their respective associates concerning election
of directors or other any other matters which may require shareholder approval.

CHANGES IN CONTROL

     On March 25, 2011, Teresita Rubio, our President, acquired 1,000,000 shares
of Common Stock from David W. Keaveney,  our former  President,  effective March
23, 2011. We are not aware of any other arrangements that may result in a change
in control of the Company.

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS AND DIRECTOR
         INDEPENDENCE.

     Although we have not adopted formal procedures for the review,  approval or
ratification of transactions with related persons, we adhere to a general policy
that such transactions should only be entered into if they are on terms that, on
the whole,  are no more favorable,  or no less  favorable,  than those available
from  unaffiliated  third  parties  and their  approval  is in  accordance  with
applicable  law.  Such  transactions  require  the  approval  of  our  board  of
directors.

     During the year ended  December  31,  2010,  our then  President  and Chief
Executive Officer, David W. Keaveney, made advances to the Company for operating
expenses in the amount of $5,660.  These advances are considered  short term and
non-interest bearing.

     On  March  23,  2010,  Teresita  Rubio,  our  current  President,  acquired
1,000,000  shares  of our  Common  Stock  from our  former  President,  David W.
Keaveney in a private transaction.

                                       23
<PAGE>
ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES.

INDEPENDENT PUBLIC ACCOUNTANTS

     The Company has renewed the  engagement  of Stan J.H.  Lee, CPA to serve as
the  independent   accounting  firm   responsible  for  auditing  our  financial
statements for the fiscal year ended December 31, 2010.

AUDIT FEES

     The aggregate fees billed for professional services rendered was $4,750 and
$1,500 for the audit of our annual  financial  statements  for the fiscal  years
ended December 31, 2010 and 2009, respectively.

AUDIT-RELATED FEES

     The  aggregate  fees  billed  in each of the  last  two  fiscal  years  for
assurance and related  services by the principal  accountant that are reasonably
related to the  performance  of the audit or review of our financial  statements
and not reported  under the caption  "Audit Fee." There were no such fees billed
for the fiscal year ended December 31, 2010 and 2009.

TAX FEES

     No fees were 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 services.

ALL OTHER FEES

     Other than the  services  described  above,  there  were no other  services
provided by our principal  accountants  for the fiscal years ended  December 31,
2010 and 2009.

     We do not have an audit committee. Therefore, our entire Board of Directors
("Board")  serves in the capacity of the audit  committee.  In  discharging  its
oversight  responsibility  as to the audit process,  our Board obtained from the
independent  auditors a formal written  statement  describing all  relationships
between the auditors  and us that might bear on the  auditors'  independence  as
required  by  Independence   Standards  Board  Standard  No.  1,   "Independence
Discussions with Audit Committees."

     Effective May 6, 2003, the Securities and Exchange Commission adopted rules
that require that before  Principal  Accountants are engaged by us to render any
auditing or permitted  non-audit related service,  the engagement be:

     *    approved by our audit committee (which consists of our entire board of
          directors); or

     *    entered  into  pursuant  to   pre-approval   policies  and  procedures
          established  by the board of  directors,  provided  the  policies  and
          procedures  are detailed as to the  particular  service,  the board of
          directors  is  informed  of  each  service,   and  such  policies  and
          procedures  do not  include  delegation  of the  board  of  directors'
          responsibilities to management.

     Our Board  pre-approves all services provided by our independent  auditors.
All of the above  services  and fees were  reviewed  and  approved  by the Board
either before or after the respective services were rendered.

                                       24
<PAGE>
     Our  Board has  considered  the  nature  and  amount of fees  billed by our
principal accountants and believes that the provision of services for activities
unrelated to the audit is compatible with maintaining our principal accountants'
independence.

     During the 2010 and 2009  fiscal  years,  the  Company  used the  following
pre-approval procedures related to the selection of our independent auditors and
the  services  they  provide:  unanimous  consent of all  directors  via a board
resolution.

ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES.

     (a)  (1) Financial Statements

          Financial  statements for Meiguo  Ventures I, Inc. listed in the Index
          to Financial  Statements and Supplementary  Data on page F-1 are filed
          as part of this Annual Report.

     (a)  (2) Financial Statement Schedule

          Financial Statement Schedule for Meiguo Ventures I, Inc. listed in the
          Index to Financial  Statements and Supplementary  Data on page F-1 are
          filed as part of this Annual Report.

     (a)  (3) See the "Index to Exhibits" set forth below.

     (b)  See  Exhibit  Index  below  for  exhibits  required  by  Item  601  of
          Regulation S-K

                                       25
<PAGE>
                                  EXHIBIT INDEX

     List of Exhibits attached or incorporated by reference pursuant to Item 601
of Regulation S-K

3(i).1*     Certificate  of  Incorporation  of Meiguo  Ventures  I,  Inc.  filed
            October 31, 2008, with the Secretary of State of Delaware

3(i).2*     Certificate  of Amendment to the  Certificate  of  Incorporation  of
            Meiguo  Ventures I, Inc. filed on March 10, 2010, with the Secretary
            of State of Delaware

3(ii)*      By-Laws of Meiguo Ventures I, Inc.

4.1*        Meiguo Ventures I, Inc. Certificate of Common Stock (Specimen)

5.1*        Escrow  Agreement  by,  between and among  Meiguo  Ventures I, Inc.,
            Wilmington Trust Company and the Selling Shareholders

14*         Code of Business Conduct and Ethics

21**        Subsidiaries.

31.1**      Certification of Principal  Executive  Officer Pursuant to 18 U.S.C.
            Section 1350

31.2**      Certification of Principal  Financial  Officer Pursuant to 18 U.S.C.
            Section 1350

32.1**      906 Certification of Principal Executive Officer

32.2**      906 Certification of Principal Financial Officer

----------
*    Incorporated  by  reference  from  the  Company's  Form  S-1   registration
     statement  filed with the  Securities  and  Exchange  Commission  (File No.
     333-165726) that went effective on November 12, 2010.

**   Filed herewith.

                                       26
<PAGE>
                                   SIGNATURES

     In accordance  with 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.

                                     Meiguo Ventures I, Inc.


Dated: March 30, 2011                     /s/ Teresita Rubio
                                          --------------------------------------
                                     By:  Teresita Rubio
                                     Its: President and Chief Executive Officer

         In accordance with 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.


Dated: March 30, 2011                     /s/ Teresita Rubio
                                          --------------------------------------
                                     By:  Teresita Rubio
                                     Its: President, Chief Executive Officer and
                                          Director (Principal Executive Officer)
                                          Chief Financial Officer (Principal
                                          Financial Officer and Principal
                                          Accounting Officer)

                                       27
<PAGE>
                               STAN J.H. LEE, CPA
              2160 North Central Rd Suite 203 * Fort Lee * NJ 07024
                   P.O. Box 436402 * San Diego * CA 92143-9402
               619-623-7799 * Fax 619-564-3408 * stan2u@gmail.com

             Report of Independent Registered Public Accounting Firm

To the Board of Directors and Shareholders of
MEIGUO VENTURES I, INC.

We have audited the accompanying balance sheet of MEIGUO VENTURES I, INC. ( a
Development Stage Enterprise) as of December 31, 2010 and 2009 and the related
statements of operation, changes in shareholders' equity and cash flows for the
fiscal years then ended and period from October 31, 2008 (inception) to December
31, 2010. These financial statements are the responsibility of the Company's
management. Our responsibility is to express an opinion on these financial
statements based on our audit.

We conducted our audits 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 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 control over
financial reporting. Our audits included consideration of internal control 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 also includes
examining, on a test basis, evidence supporting the amounts and disclosures in
the financial statements, assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe that our audits provide a
reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of MEIGUO VENTURES I, INC. as of
December 31, 2010 and 2009 , and the results of its operation and its cash flows
for the fiscal years then ende and for the period from October 31, 2008
(inception) to December 31, 2010 in conformity with U.S. generally accepted
accounting principles.

The financial statements have been prepared assuming that the Company will
continue as a going concern. As discussed in the notes to the financial
statements, the Company's losses from operations and lack of liquidity raise
substantial doubt about its ability to continue as a going concern. The
financial statements do not include any adjustments that might result from the
outcome of this uncertainty.


/s/ Stan J.H.Lee, CPA
--------------------------------
Stan J.H. Lee, CPA
Fort Lee, NJ 07024
March 21, 2010

                                      F-1
<PAGE>
                             Meiguo Ventures I, Inc.
                          (A Development Stage Company)
                                 Balance Sheets

<TABLE>
<CAPTION>
                                                                    As of December 31,
                                                                 2010               2009
                                                               --------           --------
<S>                                                            <C>                <C>
ASSETS:

CURRENT ASSETS
  Cash and Cash Equivalents                                    $  2,569           $  2,513
                                                               --------           --------
      TOTAL CURRENT ASSETS                                        2,569              2,513
                                                               --------           --------

      TOTAL ASSETS                                             $  2,569           $  2,513
                                                               ========           ========
LIABILITIES AND STOCKHOLDERS' EQUITY:

CURRENT LIABILITIES
  Accounts payable                                             $  3,250           $     --
  Accrued expenses                                                3,600              3,000
                                                               --------           --------
      TOTAL CURRENT LIABILITIES                                   6,850              3,000

Payable to a related party                                        5,890                230
                                                               --------           --------
      TOTAL LIABILITIES                                          12,740              3,230
                                                               --------           --------
COMMITMENTS  AND CONTINGENCIES (NOTE 4)

STOCKHOLDERS' EQUITY
  Common stock ($.0001 par value), 250,000,000 shares
   authorized 4,132,559 issued and outstanding
   as of 12/31/2010 and 1,244,000, 12/31/2009                       413                124
  Additional paid-in capital                                     31,012              2,416
  (Deficit) accumulated during the development stage            (41,596)            (3,257)
                                                               --------           --------
      TOTAL STOCKHOLDERS' EQUITY                                (10,171)              (717)
                                                               --------           --------

      TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY               $  2,569           $  2,513
                                                               ========           ========
</TABLE>


                        See Notes to Financial Statements

                                      F-2
<PAGE>
                             Meiguo Ventures I, Inc.
                          (A Development Stage Company)
                            Statements of Operations

<TABLE>
<CAPTION>
                                                                                    Cumulative from
                                             Fiscal Year          Fiscal Year       October 31, 2008
                                                Ended                Ended           (Inception) to
                                             December 31,         December 31,         December 31,
                                                2010                 2009                 2010
                                             ----------           ----------           ----------
<S>                                          <C>                  <C>                  <C>
REVENUE:                                     $       --           $       --           $       --
                                             ----------           ----------           ----------
GENERAL AND ADMINISTRATION EXPENSES
  Filing Fees                                     2,001                   --                2,231
  Bank charges                                    1,335                   27                1,362
  Professional Fees                              35,003                3,000               38,003
                                             ----------           ----------           ----------
OPERATING LOSS                                  (38,339)              (3,027)             (41,596)
                                             ----------           ----------           ----------
Provision for income taxes                           --                   --                   --
                                             ----------           ----------           ----------

NET LOSS                                     $  (38,339)          $   (3,027)          $  (41,596)
                                             ==========           ==========           ==========
NET (LOSS) PER SHARE
  Basic and diluted                          $    (0.01)          $       --           $    (0.02)
                                             ==========           ==========           ==========
WEIGHTED AVERAGE SHARES OUTSTANDING
  Basic and diluted                           3,751,422            1,010,025            2,274,245
                                             ==========           ==========           ==========
</TABLE>


                        See Notes to Financial Statements

                                      F-3
<PAGE>
                             Meiguo Ventures I, Inc.
                          (A Development Stage Company)
                  Statements of Stockholders' Equity (Deficit)

<TABLE>
<CAPTION>
                                                                                           Deficit   Accumulated      Total
                                                         Common Stock          Common     Additional  During the   Stockholder's
                                                     -------------------       Stock       Paid-in   Development     Equity
                                                     Shares       Amount     Subscribed    Capital      Stage       (Deficit)
                                                     ------       ------     ----------    -------      -----       ---------
<S>                                                  <C>          <C>        <C>           <C>          <C>         <C>
October 31, 2008, inception, common stock
 subscribed @ $.0001 par value                      1,000,000     $   --      $   100     $     --     $     --     $    100
Net loss for the period ended December 31, 2008            --         --           --           --         (230)          --
                                                   ----------     ------      -------     --------     --------     --------
BALANCE, DECEMBER 31, 2008                          1,000,000         --      $   100           --         (230)    $   (130)
                                                   ----------     ------      -------     --------     --------     --------
Shares issued for common stock previoulsy
 subscribed                                                --        100      $  (100)          --           --           --
Common stock issued for cash:
  @ $0.01 per share, Dec 15, 2009                      59,000          6           --          584           --          590
  @ $0.01 per share, Dec 15, 2009                      60,000          6           --          594           --          600
  @ $0.01 per share, Dec 15, 2009                      65,000          7           --          643           --          650
  @ $0.01 per share, Dec 15, 2009                      60,000          6           --          594           --          600
Net loss for the period ended December 31, 2009            --         --           --           --       (3,027)      (3,027)
                                                   ----------     ------      -------     --------     --------     --------
BALANCE, DECEMBER 31, 2009                          1,244,000        124           --        2,416       (3,257)        (717)
                                                   ----------     ------      -------     --------     --------     --------
  @ $.01 per share, Janaury 8, 2010                   231,900         23           --        2,296           --        2,319
  @ $.01 per share, January 15, 2010                  119,169         12           --        1,180           --        1,192
  @ $.01 per share, January 19, 2010                  413,485         41           --         4093           --        4,134
  @ $.01 per share, January 19, 2010                   64,000          6           --          634           --          640
  @ $.01 per share, January 28, 2010                   57,800          6           --          572           --          578
  @ $.01 per share, February 5, 2010                   58,500          6           --          579           --          585
  @ $.01 per share, February 22, 2010                 122,555         12           --        1,214           --        1,226
  @ $.01 per share, February 22, 2010               1,152,800        115           --       11,413           --       11,528
  @ $.01 per share, March 3, 2010                     468,350         47           --        4,636           --        4,683
  @ $.01 per share, March 5, 2010                     200,000         20           --        1,980           --        2,000
Net loss for the year ended December 31, 2010              --         --           --           --      (38,339)     (38,339)
                                                   ----------     ------      -------     --------     --------     --------

BALANCE, DECEMBER 31, 2010                          4,132,559     $  412      $    --     $ 31,013     $(41,596)    $(10,171)
                                                   ==========     ======      =======     ========     ========     ========
</TABLE>


                        See Notes to Financial Statements

                                      F-4
<PAGE>
                             Meiguo Ventures I, Inc.
                          (A Development Stage Company)
                            Statements of Cash Flows

<TABLE>
<CAPTION>
                                                                                                     Cumulative from
                                                                  Fiscal Year        Fiscal Year     October 31, 2008
                                                                     Ended              Ended         (Inception) to
                                                                  December 31,       December 31,       December 31,
                                                                     2010               2009               2010
                                                                   --------           --------           --------
<S>                                                                 <C>                 <C>               <C>
CASH FLOW FROM OPERATING ACTIVITIES
  Net (loss)                                                        (38,339)            (3,027)           (41,596)

ADJUSTMENTS TO RECONCILE NET LOSS TO NET CASH USED BY
 OPERATING ACTIVITIES:
   Common stock issued for services                                   2,000                 --              2,000

CHANGES IN ASSETS AND LIABILITIES
   Accounts payable                                                   3,250              3,250
   Accrued expenses                                                     600              3,000              3,600
                                                                   --------           --------           --------
           NET CASH FLOW USED IN OPERATING ACTIVITIES               (32,489)               (27)           (32,746)
                                                                   --------           --------           --------
INVESTING ACTIVITIES                                                     --                 --                 --
                                                                   --------           --------           --------
FINANCING ACTIVITIES
  Proceeds from related party advances                                5,660                 --              5,890
  Proceeds from sale of  common stock  or subscribed                 26,885              2,540             29,425
                                                                   --------           --------           --------
           NET CASH FLOW PROVIDED BY FINANCING ACTIVITIES            32,545              2,540             35,315
                                                                   --------           --------           --------
NET CHANGE IN CASH                                                       56              2,513              2,569
CASH, BEGINNING OF YEAR                                               2,513                 --                 --
                                                                   --------           --------           --------

CASH,  END OF END OF YEAR                                             2,569              2,513              2,569
                                                                   ========           ========           ========
</TABLE>


                        See Notes to Financial Statements

                                      F-5
<PAGE>
                             Meiguo Ventures 1, Inc.
                          (A Development Stage Company)
                          Notes to Financial Statements
                           December 31, 2010 and 2009


NOTE 1. ORGANIZATION AND DESCRIPTION OF BUSINESS

Meiguo Ventures I, Inc. (the "COMPANY") was  incorporated  under the laws of the
State of Delaware on October 31, 2008. The Company intends to serve as a vehicle
to effect an asset  acquisition,  merger,  exchange  of  capital  stock or other
business combination with a domestic or foreign business.

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

BASIS OF PRESENTATION

The Company is currently a shell company and has limited operations. The Company
intends to locate and combine  with an existing  company that is  profitable  or
which, in management's view, has growth potential,  irrespective of the industry
in  which  it  is  engaged.  A  combination  may  be  structured  as  a  merger,
consolidation, exchange of the Company's common stock for stock or assets or any
other form.

Pending  negotiation and  consummation of a combination the Company  anticipates
that it will have, aside from carrying on its search for a combination  partner,
no business  activities,  and, thus, will have no source of revenue. The Company
does not currently have cash on hand sufficient to fund its operations until the
earlier of a combination  or a period of one year,  and will be required to seek
additional  funding to consummate a transaction.  The Company  intends to either
seek additional  equity or debt financing.  No assurances can be given that such
equity or debt financing will be available,  nor can there be any assurance that
a combination transaction will be consummated. Should the Company be required to
incur any significant liabilities prior to a combination transaction,  including
those  associated with the current  minimal level of general and  administrative
expenses,  it may not be able to satisfy those  liabilities  in the event it was
unable to obtain additional equity or debt financing.

The  Company  has not  earned  any  revenue  from  operations  since  inception.
Accordingly,  the  Company's  activities  have been  accounted for as those of a
"DEVELOPMENT  STAGE  COMPANY"  as set forth in  Financial  Accounting  Standards
("FAS")  Accounting   Standards   Codification  (`ASC")  Topic  915.  Among  the
disclosures   required  by  are  that  the  Company's  financial  statements  be
identified as those of a development  stage company,  and that the statements of
operations, stockholders' equity and cash flows disclose activity since the date
of the  Company's  inception.  The  Company  has elected a fiscal year ending on
December 31.

USE OF ESTIMATES

The preparation of financial  statements in conformity  with generally  accepted
accounting  principles  accepted  in  the  United  States  of  America  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.

FAIR VALUE OF FINANCIAL INSTRUMENTS

The Company's financial instruments,  as defined by FASB ASC 825-10-50,  include
cash,  accounts payable and accrued expenses.  All instruments are accounted for
on a historical cost basis,  which, due to the short maturity of these financial
instruments, approximates fair value at December 31, 2010.

FASB ASC 820 defines fair value,  establishes  a framework  for  measuring  fair
value in accordance with generally accepted accounting  principles,  and expands
disclosures about fair value measurements. FASB ASC 820 establishes a three-tier
fair value hierarchy which prioritizes the inputs used in measuring fair value.

                                      F-6
<PAGE>
                             Meiguo Ventures 1, Inc.
                          (A Development Stage Company)
                          Notes to Financial Statements
                           December 31, 2010 and 2009


The Company does not have any assets or liabilities  measured at fair value on a
recurring basis at December 31, 2010 or 2009.

CASH AND CASH EQUIVALENTS

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

INCOME TAXES

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
bases.  Deferred tax assets,  including tax loss and credit  carryforwards,  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.  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.  Deferred  income tax expense  represents the change during the
period in the deferred tax assets and deferred tax  liabilities.  The components
of the  deferred  tax assets and  liabilities  are  individually  classified  as
current and non-current based on their characteristics.  Deferred tax assets are
reduced by a valuation allowance when, in the opinion of management,  it is more
likely than not that some  portion or all of the deferred tax assets will not be
realized.

BASIC EARNINGS (LOSS) PER SHARE

Basic net earnings  (loss) per common share is computed by dividing net earnings
(loss)  applicable  to common  shareholders  by the  weighted-average  number of
common shares  outstanding  during the period.  Diluted net earnings  (loss) per
common share is determined  using the  weighted-average  number of common shares
outstanding during the period,  adjusted for the dilutive effect of common stock
equivalents,  consisting  of shares that might be issued upon exercise of common
stock options. In periods where losses are reported, the weighted-average number
of common shares outstanding  excludes common stock  equivalents,  because their
inclusion would be anti-dilutive. At December 31, 2010 and 2009 diluted net loss
per share is equivalent to basic net loss per share as there are no  potentially
dilutive securities  outstanding and the inclusion of any shares committed to be
issued would be anti-dilutive.

IMPACT OF NEW ACCOUNTING STANDARDS

The Company has implemented all new relevant accounting  pronouncements that are
in effect through the date of these financial  statements.  These pronouncements
did not have any material impact on the financial  statements  unless  otherwise
disclosed,  and the  Company  does not  believe  that  there  are any  other new
accounting  pronouncements  that have been  issued  that  might  have a material
impact on its financial position or results of operations.

REVENUE RECOGNITION

The Company has not yet commenced its principal operations,  and therefore,  the
financial  statements  are presented in accordance  with ASC Topic 915. When the
Company  commences  operations,  revenue  will  be  recognized  when  all of the
following have been met:

                                      F-7
<PAGE>
                             Meiguo Ventures 1, Inc.
                          (A Development Stage Company)
                          Notes to Financial Statements
                           December 31, 2010 and 2009


     *    Persuasive evidence of an arrangement exists;
     *    Delivery or service has been performed;
     *    The customer's fee is deemed to be fixed or  determinable  and free of
          contingencies or significant uncertainties
     *    Collectability is probable.

NOTE 3. INCOME TAXES

At December 31, 2010 and 2009 deferred tax assets consist of the following:

The increase in the valuation  allowance for deferred tax assets at December 31,
2010 was  $13,420.  In  assessing  the  recovery  of the  deferred  tax  assets,
management considers whether it is more likely than not that some portion or all
of the  deferred tax assets will not be realized.  The ultimate  realization  of
deferred tax assets is dependent upon the generation of future taxable income in
the periods in which those temporary  differences become deductible.  Management
considers the scheduled reversals of future deferred tax liabilities,  projected
future taxable income, and tax planning strategies in making this assessment. As
a result,  management  determined  it was more likely than not the  deferred tax
assets  would not be realized  as of  December  31,  2010,  and  recorded a full
valuation allowance.

As of December 31, 2010, the effective tax rate is lower than the statutory rate
due to net operating losses.

The estimated net operating loss carry forwards of  approximately  $41,500 begin
to expire in 2029.

NOTE 4. COMMITMENTS AND CONTINGENCIES

Certain  conditions  may exist  which may result in a loss to the  Company,  but
which will only be  resolved  when one or more  future  events  occur or fail to
occur.  The Company's  management and its legal counsel  assess such  contingent
liabilities, and such assessment inherently involves an exercise of judgment. In
assessing  loss  contingencies  related to legal  proceedings  that are  pending
against the Company,  or unasserted  claims that may result in such proceedings,
the  Company's  legal  counsel  evaluates  the  perceived  merits  of any  legal
proceedings or unasserted  claims as well as the perceived  merits of the amount
of relief sought or expected to be sought therein.

If the assessment of a contingency indicates that it is probable that a material
loss has been incurred and the amount of the  liability  can be  estimated,  the
estimated liability would be accrued in the Company's financial  statements.  If
the  assessment  indicates that a potentially  material loss  contingency is not
probable but is reasonably possible, or is probable but cannot be estimated, the
nature of the  contingent  liability,  together with an estimate of the range of
possible  loss  if  determinable   and  material,   would  be  disclosed.   Loss
contingencies  considered  remote are generally not disclosed  unless they arise
from guarantees, in which case the guarantees would be disclosed.

At December 31, 2010 and 2009, the Company was not involved in any litigation.

NOTE 5. GOING CONCERN

At December 31, 2010 the Company does not engage in any business activities that
provide cash flow.  The Company has a working  capital  deficit and has incurred
losses from  inception  of  approximately  $41,600.  As such,  the  accompanying
financial  statements have been prepared assuming that the Company will continue

                                      F-8
<PAGE>
                             Meiguo Ventures 1, Inc.
                          (A Development Stage Company)
                          Notes to Financial Statements
                           December 31, 2010 and 2009


as a going concern. The Company does not have sufficient working capital for its
planned activities, which raises substantial doubt about its ability to continue
as a going concern.

Future  issuances of the Company's equity or debt securities will be required in
order for the Company to continue to finance its  operations  and  continue as a
going concern.

The Company's  ability to raise additional  capital through the future issuances
of  common  stock is  unknown.  The  obtainment  of  additional  financing,  the
successful development of the Company's contemplated plan of operations, and its
transition, ultimately, to the attainment of profitable operations are necessary
for the Company to continue  operations.  The  ability to  successfully  resolve
these factors raise substantial doubt about the Company's ability to continue as
a going concern.  These financial statements do not include any adjustments that
may result from these uncertainties.

NOTE 6. RELATED PARTY TRANSACTIONS

The Company has received  advances  from a  shareholder  to funds its  operating
costs.  At December 31, 2010 and 2009,  the amount due to the related party is $
5,890 and $ 230,  respectively.  These  advances are  considered  short-term  in
nature and are non-interest bearing.

From  October 31,  2008,  the date of  inception,  through  December 31, 2010, a
shareholder has provided office space to the Company at no charge.

NOTE 7. STOCKHOLDERS' EQUITY

The Company's  articles of  incorporation  have  authorized the Company to issue
270,000,000 shares of its stock., consisting of 250,000,000 shares of $.0001 par
value common stock, of which 4,132,559  shares are issued and  outstanding,  and
200,000 shares of $.0001 par value preferred  stock, of which none are issued or
outstanding.  The  preferred  stock shall have those  rights,  preferences,  and
designations as determined by the Board of Directors for each series.

The Company issued  200,000  shares of its common stock for services  during the
year ended December 31, 2010.  The shares were valued at $.01 which  represented
the most recent price at which the common stock had been issued for cash.

NOTE 8. SUBSEQUENT EVENTS

Management  has  evaluated  subsequent  events,  and the impact on the  reported
results and  disclosures and determined that there have not been any events that
would be required to be reflected in the financial statements or the notes.

                                      F-9