| Nevada                          | 27-2564032          |
|---------------------------------|---------------------|
| (State or other jurisdiction of | (I.R.S. Employer    |
| incorporation or organization)  | Identification No.) |

| 101 Montgomery Street, Suite 2650                           |
|-------------------------------------------------------------|
| San Francisco, CA  94104                          |
| (Address of principal executive offices including zip code) |

| 415-955-8900                                          |
|-------------------------------------------------------|
| (Registrant 's telephone number, including area code) |

| Large accelerated filer o                                             | Accelerated filer o         |
|-----------------------------------------------------------------------|-----------------------------|
|                                                                  |                        |
| Non-accelerated filer o (Do not check if a smaller reporting company) | Smaller reporting company x |

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| PART I.    | FINANCIAL INFORMATION                                                                 | 1      |
|------------|---------------------------------------------------------------------------------------|--------|
|       |                                                                                  |   |
| Item 1.    | Financial Statements (Unaudited)                                                      | 1      |
|       |                                                                                  |   |
| Item 2.    | Management's Discussion and Analysis of Financial Condition and Results of Operations | 5      |
|       |                                                                                  |   |
| Item 3.    | Quantitative and Qualitative Disclosures About Market Risk                            | 6      |
|       |                                                                                  |   |
| Item 4.    | Controls and Procedures                                                               | 6      |
|       |                                                                                  |   |
| PART II.   | OTHER INFORMATION                                                                     | 7      |
|       |                                                                                  |   |
| Item 1.    | Legal Proceedings                                                                     | 7      |
|       |                                                                                  |   |
| Item 1A.   | Risk Factors                                                                          | 7      |
|       |                                                                                  |   |
| Item 2.    | Unregistered Sales of Equity Securities and Use of Proceeds                           | 7      |
|       |                                                                                  |   |
| Item 3.    | Defaults Upon Senior Securities                                                       | 7      |
|       |                                                                                  |   |
| Item 4.    | (Removed and Reserved)                                                                | 7      |
|       |                                                                                  |   |
| Item 5.    | Other Information                                                                     | 7      |
|       |                                                                                  |   |
| Item 6.    | Exhibits                                                                              | 8      |
|       |                                                                                  |   |
| SIGNATURES | 9                                                                                     |

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| MATTER OF TIME I CO.                                                                                                                                                                                         |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (A DEVELOPMENT STAGE COMPANY)                                                                                                                                                                                |
|                                                                                                                                                                                                         |
| BALANCE SHEET                                                                                                                                                                                                |
| (Unaudited)                                                                                                                                                                                             |
|                                                                                                                                                                                                         |
|                                                                                                                                                                                                         |   | March 31, |   |   | December 31, |   |
|                                                                                                                                                                                                         |   | 2011 |   |   | 2010 |   |
| ASSETS                                                                                                                                                                                                       |
|  CURRENT ASSETS                                                                                                                                                                                         |   |   |   |   |   |   |
|   Cash                                                                                                                                                                                             |   | $ | 1,354 |   |   | $ | 252 |   |
|   Prepaid assets                                                                                                                                                                                   |   |   | 2,250 |   |   |   | - |   |
|                                                                                                                                                                                                         |   |   |   |   |   |   |   |   |
|   TOTAL ASSETS                                                                                                                                                                                     |   | $ | 3,604 |   |   | $ | 252 |   |
|                                                                                                                                                                                                         |   |   |   |   |   |   |   |   |
|                             LIABILITIES AND STOCKHOLDERS' EQUITY |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                         |   |   |   |   |   |   |   |   |
|  CURRENT LIABILITIES                                                                                                                                                                                    |   |   |   |   |   |   |   |   |
|    Account payable                                                                                                                                                                            |   | $ | 1,000 |   |   | $ | 500 |   |
|    Account payable - related party                                                                                                                                                            |   |   | 1,434 |   |   |   | 1,339 |   |
|    Accrued income taxes                                                                                                                                                                       |   |   | 800 |   |   |   | 800 |   |
|      Total Current Liabilities                                                                                                                                                      |   |   | 3,234 |   |   |   | 2,639 |   |
|                                                                                                                                                                                                         |   |   |   |   |   |   |   |   |
|    Unsecured promissory note - related party                                                                                                                                                  |   |   | 6,028 |   |   |   | - |   |
|                                                                                                                                                                                                         |   |   |   |   |   |   |   |   |
|  COMMITMENTS AND CONTINGENCIES                                                                                                                                                                          |   |   | - |   |   |   | - |   |
|                                                                                                                                                                                                         |   |   |   |   |   |   |   |   |
|  STOCKHOLDERS' EQUITY                                                                                                                                                                                   |   |   |   |   |   |   |   |   |
|  Preferred Stock 10,000,000 shares authorized, none issued and outstanding                                                                                                                              |   |   | - |   |   |   | - |   |
|  Common stock, $0.001 par value, 100,000,000 shares authorized, 200,000                                                                                                                                 |   |   | - |   |   |   | - |   |
|     shares issued and outstanding                                                                                                                                                        |   |   | 200 |   |   |   | 200 |   |
|  Additional paid-in capital                                                                                                                                                                             |   |   | 11,800 |   |   |   | 11,800 |   |
|  Deficit accumulated during the development stage                                                                                                                                                       |   |   | (17,658 | ) |   |   | (14,387 | ) |
|      Total Stockholders' Equity                                                                                                                                                     |   |   | (5,658 | ) |   |   | (2,387 | ) |
|                                                                                                                                                                                                         |   |   |   |   |   |   |   |   |
|  TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                                                                                                                                                            |   | $ | 3,604 |   |   | $ | 252 |   |

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|                                                  |   | For the three months ended |    |   | For the period fromApril 28, 2010(Inception) through |   |
|-------------------------------------------------------|--------|----------------------------|---------|--------|------------------------------------------------------|--------|
|                                                  |   | March 31, 2011             |    |   | March 31, 2011                                       |   |
|                                                  |   |                       |    |   |                                                 |   |   |   |
| REVENUE                                               |   | $                          | -       |   |                                                 | $      | - |   |
|                                                  |   |                       |    |   |                                                 |   |   |   |
| COSTS AND OPERATING EXPENSES                          |   |                       |    |   |                                                 |   |   |   |
|   General and administrative expenses       |   |                       | 3,271   |   |                                                 |   | 16,858 |   |
|      Total Operating Expenes |   |                       | 3,271   |   |                                                 |   | 16,858 |   |
|                                                  |   |                       |    |   |                                                 |   |   |   |
| NET LOSS BEFORE INCOME TAXES                          |   |                       | (3,271  | )      |                                                 |   | (16,858 | ) |
|                                                  |   |                       |    |   |                                                 |   |   |   |
|  Income tax provision                            |   |                       | -       |   |                                                 |   | 800 |   |
|                                                  |   |                       |    |   |                                                 |   |   |   |
| NET LOSS                                              |   | $                          | (3,271  | )      |                                                 | $      | (17,658 | ) |
|                                                  |   |                       |    |   |                                                 |   |   |   |
| Net loss per common share - basic and diluted         |   | $                          | (0.02   | )      |                                                 | $      | (0.10 | ) |
|                                                  |   |                       |    |   |                                                 |   |   |   |
| Weighted average number of common shares              |   |                       |    |   |                                                 |   |   |   |
|  outstanding - basic and diluted                 |   |                       | 200,000 |   |                                                 |   | 173,887 |   |

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|                                                                                      |   | For the three months ended March 31, 2011 |   |   | For the period fromApril 28, 2010(Inception) through March 31, 2011 |   |
|-------------------------------------------------------------------------------------------|--------|------------------------------------------------|--------|--------|---------------------------------------------------------------------|--------|
|                                                                                      |   |                                           |   |   |                                                                |   |
| CASH FLOWS FROM OPERATING ACTIVITIES:                                                     |   |                                           |   |   |                                                                |   |
|    Net loss                                                                |   | $                                              | (3,271 | )      |                                                                | $      | (17,658 | ) |
|    Adjustments to reconcile net loss to net cash used in                   |   |                                           |   |   |                                                                |   |   |   |
|    operating activities                                                    |   |                                           |   |   |                                                                |   |   |   |
|    Common stock issued for services                                        |   |                                           | -      |   |                                                                |   | 6,000 |   |
|    Changes in operating assets and liabilities                             |   |                                           |   |   |                                                                |   |   |   |
|      Prepaid Assets                                              |   |                                           | (2,250 | )      |                                                                |   | (2,250 | ) |
|      Accounts payable                                            |   |                                           | 500    |   |                                                                |   | 1,000 |   |
|      Accounts payable - related party                            |   |                                           | 95     |   |                                                                |   | 1,434 |   |
|      Accrued taxes payable                                       |   |                                           | -      |   |                                                                |   | 800 |   |
|      Accrued interest expense                                    |   |                                           | 28     |   |                                                                |   | 28 |   |
|         Net Cash Used in Operating Activities     |   |                                           | (4,898 | )      |                                                                |   | (10,646 | ) |
|                                                                                      |   |                                           |   |   |                                                                |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITIES:                                                     |   |                                           |   |   |                                                                |   |   |   |
|    Borrowings under notes                                                  |   |                                           | 6,000  |   |                                                                |   | 6,000 |   |
|    Issuance of common stock                                                |   |                                           | -      |   |                                                                |   | 6,000 |   |
|         Net Cash Provided by Financing Activities |   |                                           | 6,000  |   |                                                                |   | 12,000 |   |
|                                                                                      |   |                                           |   |   |                                                                |   |   |   |
| NET INCREASE IN CASH AND CASH EQUIVALENTS                                                 |   |                                           | 1,102  |   |                                                                |   | 1,354 |   |
|                                                                                      |   |                                           |   |   |                                                                |   |   |   |
| CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD                                            |   |                                           | 252    |   |                                                                |   | - |   |
|                                                                                      |   |                                           |   |   |                                                                |   |   |   |
| CASH AND CASH EQUIVALENTS, END OF PERIOD                                                  |   | $                                              | 1,354  |   |                                                                | $      | 1,354 |   |
|                                                                                      |   |                                           |   |   |                                                                |   |   |   |
| SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION:                                       |   |                                           |   |   |                                                                |   |   |   |
|                                                                                      |   |                                           |   |   |                                                                |   |   |   |
|    Interest paid                                                           |   | $                                              | -      |   |                                                                | $      | - |   |
|    Income taxes                                                            |   | $                                              | -      |   |                                                                | $      | - |   |

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|   | · | filing of Exchange Act reports, and |
|--------|--------|-------------------------------------|

|   | · | consummating an acquisition. |
|--------|--------|------------------------------|

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----

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| 31.1   |   | Certification pursuant to Section 302 of Sarbanes Oxley Act of 2002. |
|--------|--------|----------------------------------------------------------------------|
|   |   |                                                                 |
| 31.2   |   | Certification pursuant to Section 302 of Sarbanes Oxley Act of 2002. |

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|                | MATTER OF TIME I CO. |
|---------------------|----------------------|
|                |                 |   |
| Dated: May 16, 2011 | By:                  | /s/ Mark E. Crone |
|                |                 | Mark E. CroneChief Executive Officer (Principal Executive Officer andPrincipal Financial Officer) |

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