**UNITED      STATES SECURITIES AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-QSB**

**Commission      File Number: 333-116324**

**ROTOBLOCK      CORPORATION**

----

**ROTOBLOCK      CORPORATION**

**Index**

|                   |                                 | Page   |
|------------------------|--------------------------------------|--------|
|                   |                                 | Number |
|                   |                                 |   |
| PART                I. | FINANCIAL                INFORMATION | 3      |

| Item                1.                                                                                                                                                                                                                                                     | Financial                Statements                                        | 3      |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------|--------|
|                                                                                                                                                                                                                                                                       |                                                                       |   |
| Item                2.                                                                                                                                                                                                                                                     | Management's                Discussion and Analysis or Plan of Operations  | 26     |
|                                                                                                                                                                                                                                                                       |                                                                       |   |
| Item                3.                                                                                                                                                                                                                                                     | Controls                and Procedures                                     | 29     |
|                                                                                                                                                                                                                                                                       |                                                                       |   |
| PART                II.                                        OTHER INFORMATION                                                                   | 29                                                                         |
|                                                                                                                                                                                                                                                                       |                                                                       |   |
| Item                1.                                                                                                                                                                                                                                                     | Legal                Proceedings                                           | 29     |
|                                                                                                                                                                                                                                                                       |                                                                       |   |
| Item                2.                                                                                                                                                                                                                                                     | Unregistered                Sales of Equity Securities and Use of Proceeds | 29     |
|                                                                                                                                                                                                                                                                       |                                                                       |   |
| Item                3.                                                                                                                                                                                                                                                     | Defaults                Upon Senior Securities                             | 30     |
|                                                                                                                                                                                                                                                                       |                                                                       |   |
| Item                4.                                                                                                                                                                                                                                                     | Submission                of Matters to a Vote of Security Holders         | 30     |
|                                                                                                                                                                                                                                                                       |                                                                       |   |
| Item                5.                                                                                                                                                                                                                                                     | Other                Information                                           | 30     |
|                                                                                                                                                                                                                                                                       |                                                                       |   |
| Item                6.                                                                                                                                                                                                                                                     | Exhibits                                                                   | 30     |
|                                                                                                                                                                                                                                                                       |                                                                       |   |
|                                                         SIGNATURES | 31                                                                         |

----

**PART      I - FINANCIAL INFORMATION**

**ITEM      1. FINANCIAL STATEMENTS**

----

**Rotoblock      Corporation**

**(A      Development Stage Company)**

**31      January 2008**

----

**Rotoblock      Corporation**

**(A      Development Stage Company)**

|                                                                        |   | **As                at****31                January****2008****(Unaudited)** |   | **As                at****30                April****2007****(Audited)** |
|-----------------------------------------------------------------------------|--------|------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------|
|                                                                        |   | **$**                                                                        |   | **$**                                                                    |
| **Assets**                                                                  |   |                                                                         |   |                                                                     |
|                                                                        |   |                                                                         |   |                                                                     |
| **Current**                                                                 |   |                                                                         |   |                                                                     |
| Cash                and cash equivalents                                    |   | 105,884                                                                      |   | 1,482                                                                    |
| Accounts                receivable                                          |   | 222                                                                          |   | 199                                                                      |
| Prepaid                expenses                                             |   | 133,236                                                                      |   | 149,818                                                                  |
|                                                                        |   |                                                                         |   |                                                                     |
|                                                                        |   | 239,342                                                                      |   | 151,499                                                                  |
|                                                                        |   |                                                                         |   |                                                                     |
| **Patents**(Note                3)                                          |   | 108,745                                                                      |   | 108,745                                                                  |
|                                                                        |   |                                                                         |   |                                                                     |
|                                                                        |   | 348,087                                                                      |   | 260,244                                                                  |
| **Liabilities**                                                             |   |                                                                         |   |                                                                     |
|                                                                        |   |                                                                         |   |                                                                     |
| **Current**                                                                 |   |                                                                         |   |                                                                     |
| Accounts                payable and accrued liabilities (Note 4)            |   | 9,998                                                                        |   | 32,675                                                                   |
| Convertible                promissory note payable (Notes 6 and 12)         |   | 10,000                                                                       |   | 10,000                                                                   |
| Due                to related party (Note 8)                                |   | 669                                                                          |   | 598                                                                      |
| Interest                payable (Note 5)                                    |   | 11,705                                                                       |   | 11,705                                                                   |
|                                                                        |   |                                                                         |   |                                                                     |
|                                                                        |   | 32,372                                                                       |   | 54,978                                                                   |
|                                                                        |   |                                                                         |   |                                                                     |
|                                                                        |   |                                                                         |   |                                                                     |
| **Stockholders’                equity**                               |   |                                                                         |   |                                                                     |
| **Capital                stock**                (Note 10)                   |   |                                                                         |   |                                                                     |
| Authorized                                                                  |   |                                                                         |   |                                                                     |
| 75,000,000                common shares, par value $0.001                   |   |                                                                         |   |                                                                     |
| Issued                and outstanding                                       |   |                                                                         |   |                                                                     |
| 31                January 2008 - 34,629,775 common shares, par value $0.001 |   |                                                                         |   |                                                                     |
| 30                April 2007 - 30,440,886 common shares, par value $0.001   |   | 34,629                                                                       |   | 30,440                                                                   |
| **Additional                paid-in capital**                               |   | 4,553,610                                                                    |   | 4,224,699                                                                |
| **Warrants**                                                                |   | 25,793                                                                       |   | -                                                                        |
| **Accumulated                comprehensive loss**                           |   | (4,277)                                                                      |   | (4,258)                                                                  |
| **Deficit,                accumulated during the development stage**        |   | (4,294,040)                                                                  |   | (4,045,615)                                                              |
|                                                                        |   |                                                                         |   |                                                                     |
|                                                                        |   | 315,715                                                                      |   | 205,266                                                                  |
|                                                                        |   |                                                                         |   |                                                                     |
|                                                                        |   | 348,087                                                                      |   | 260,244                                                                  |

**Nature      and Continuance of Operations **
**Commitments      **

**On      behalf of the Board:**

**/s/      **

----

**Rotoblock      Corporation**

**(A      Development Stage Company)**

|                                                                                                            |   |  **For                the period from the date of inception on 2 September 2003 to****31                January 2008** |   | **For                the****three                month****period                ended****31                January 2008** |   | **For                the****three                month****period                ended****31                January 2007** |   |     **For                the****nine                month****period                ended****31                January****2008** |   |     **For                the****nine                month****period                ended****31                January****2007** |
|-----------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                            |   | **$**                                                                                                                       |   | **$**                                                                                                                     |   | **$**                                                                                                                     |   | **$**                                                                                                                                               |   | **$**                                                                                                                                               |
|                                                                                                            |   |                                                                                                                        |   |                                                                                                                      |   |                                                                                                                      |   |                                                                                                                                                |   |                                                                                                                                                |
| **Expenses**                                                                                                    |   |                                                                                                                        |   |                                                                                                                      |   |                                                                                                                      |   |                                                                                                                                                |   |                                                                                                                                                |
| General                and administrative (Schedule 1)                                                          |   | 4,121,828                                                                                                                   |   | 84,302                                                                                                                    |   | 557,484                                                                                                                   |   |  248,425                                                                                                                                       |   |  814,781                                                                                                                                       |
|                                                                                                            |   |                                                                                                                        |   |                                                                                                                      |   |                                                                                                                      |   |                                                                                                                                                |   |                                                                                                                                                |
| **Net                loss before other items**                                                                  |   | (4,121,828)                                                                                                                 |   | (84,302)                                                                                                                  |   | (557,484)                                                                                                                 |   | (248,425)                                                                                                                                           |   | (814,781)                                                                                                                                           |
|                                                                                                            |   |                                                                                                                        |   |                                                                                                                      |   |                                                                                                                      |   |                                                                                                                                                |   |                                                                                                                                                |
| **Other                items**                                                                                  |   |                                                                                                                        |   |                                                                                                                      |   |                                                                                                                      |   |                                                                                                                                                |   |                                                                                                                                                |
| Excess                of consideration over net assets purchased from Rotoblock Inc. (Note                1)    |   | (138)                                                                                                                       |   | -                                                                                                                         |   | -                                                                                                                         |   |   -                                                                                                                                       |   |   -                                                                                                                                       |
| Write-off                of property and equipment                                                              |   | (9,870)                                                                                                                     |   | -                                                                                                                         |   | -                                                                                                                         |   |  -                                                                                                                                             |   |  -                                                                                                                                             |
| Write-off                of related party receivable                                                            |   | (162,204)                                                                                                                   |   | -                                                                                                                         |   | -                                                                                                                         |   |  -                                                                                                                                             |   |  -                                                                                                                                             |
|                                                                                                            |   |                                                                                                                        |   |                                                                                                                      |   |                                                                                                                      |   |                                                                                                                                                |   |                                                                                                                                                |
| **Loss                for the period**                                                                          |   | (4,294,040)                                                                                                                 |   | (84,302)                                                                                                                  |   | (557,484)                                                                                                                 |   | (248,425)                                                                                                                                           |   | (814,781)                                                                                                                                           |
|                                                                                                            |   |                                                                                                                        |   |                                                                                                                      |   |                                                                                                                      |   |                                                                                                                                                |   |                                                                                                                                                |
| **Basic                and diluted loss per common share**                                                      |   |                                                                                                                        |   | (0.002)                                                                                                                   |   | (0.019)                                                                                                                   |   |  (0.008)                                                                                                                                       |   |  (0.028)                                                                                                                                       |
|                                                                                                            |   |                                                                                                                        |   |                                                                                                                      |   |                                                                                                                      |   |                                                                                                                                                |   |                                                                                                                                                |
|  **Weighted                average number of common shares used in per share                calculations** |   |                                                                                                                        |   | 33,914,909                                                                                                                |   | 29,807,422                                                                                                                |   |    30,782,759                                                                                                                        |   |    29,177,017                                                                                                                        |
|                                                                                                            |   |                                                                                                                        |   |                                                                                                                      |   |                                                                                                                      |   |                                                                                                                                                |   |                                                                                                                                                |
| **Comprehensive                loss**                                                                           |   |                                                                                                                        |   |                                                                                                                      |   |                                                                                                                      |   |                                                                                                                                                |   |                                                                                                                                                |
| Loss                for the period                                                                              |   | (4,209,738)                                                                                                                 |   | (84,302)                                                                                                                  |   | (557,484)                                                                                                                 |   | (284,425)                                                                                                                                           |   | (814,781)                                                                                                                                           |
| Foreign                currency translation adjustment                                                          |   | (4,254)                                                                                                                     |   | (23)                                                                                                                      |   | (7)                                                                                                                       |   |  (19)                                                                                                                                          |   |  -                                                                                                                                             |
|                                                                                                            |   |                                                                                                                        |   |                                                                                                                      |   |                                                                                                                      |   |                                                                                                                                                |   |                                                                                                                                                |
| **Comprehensive                loss**                                                                           |   | (4,213,992)                                                                                                                 |   | (84,325)                                                                                                                  |   | (557,491)                                                                                                                 |   | (248,444)                                                                                                                                           |   | (814,781)                                                                                                                                           |
|                                                                                                            |   |                                                                                                                        |   |                                                                                                                      |   |                                                                                                                      |   |                                                                                                                                                |   |                                                                                                                                                |
| **Comprehensive                loss per common share**                                                          |   |                                                                                                                        |   | (0.002)                                                                                                                   |   | (0.019)                                                                                                                   |   |  (0.008)                                                                                                                                       |   |  (0.028)                                                                                                                                       |

----

**Rotoblock      Corporation**

**(A      Development Stage Company)**

|                                                                                  | **For                the period from the date of inception on 2 September 2003 to****31                January 2008** | **For                the**** ****nine**** ****month****period                ended****31                January 2008** | **For                the****nine****month****period                ended****31                January****2007** |
|---------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------|
|                                                                                  |                                                                                                                  | **$**                                                                                                                            |                                                                                                            | **$** |   | **$** |
|                                                                                  |                                                                                                                  |                                                                                                                             |                                                                                                            |   |   |   |
| **Cash                flows from operating activities**                               |                                                                                                                  |                                                                                                                             |                                                                                                            |   |   |   |
| Loss                for the period                                                    |                                                                                                                  | (4,294,040)                                                                                                                      |                                                                                                            | (248,425) |   | (814,781) |
| Adjustments                to reconcile loss to net cash used by operating activities |                                                                                                                  |                                                                                                                             |                                                                                                            |   |   |   |
| Contributions                to capital by related party - expenses (Notes 9 and 12)  |                                                                                                                  | 175,000                                                                                                                          |                                                                                                            | 75,000 |   | 75,000 |
| Depreciation                                                                          |                                                                                                                  | 3,968                                                                                                                            |                                                                                                            | - |   | - |
| Non-cash                interest                                                      |                                                                                                                  | 11,705                                                                                                                           |                                                                                                            | - |   | - |
| Shares                issued for services (Notes 9, 10 and 12)                        |                                                                                                                  | 913,214                                                                                                                          |                                                                                                            | 117,092 |   | 289,927 |
| Stock-based                compensation (Notes 10 and 12)                             |                                                                                                                  | 2,321,271                                                                                                                        |                                                                                                            | 5,383 |   | 414,711 |
| Write-off                of property and equipment                                    |                                                                                                                  | 9,870                                                                                                                            |                                                                                                            | - |   | - |
| Write-off                of related party receivable (Notes 9, 10 and 12)             |                                                                                                                  | 177,204                                                                                                                          |                                                                                                            | - |   | - |
| Changes                in operating assets and liabilities                            |                                                                                                                  |                                                                                                                             |                                                                                                            |   |   |   |
| (Increase)                decrease in accounts receivable                             |                                                                                                                  | (222)                                                                                                                            |                                                                                                            | (23) |   | 499 |
| Increase                (decrease) in accounts payable and accrued liabilities        |                                                                                                                  | 10,000                                                                                                                           |                                                                                                            | (22,677) |   | 289 |
|                                                                                  |                                                                                                                  |                                                                                                                             |                                                                                                            |   |   |   |
|                                                                                  |                                                                                                                  | (672,030)                                                                                                                        |                                                                                                            | (73,650) |   | (34,355) |
|                                                                                  |                                                                                                                  |                                                                                                                             |                                                                                                            |   |   |   |
| **Cash                flows from investing activities**                               |                                                                                                                  |                                                                                                                             |                                                                                                            |   |   |   |
| Purchase                of equipment                                                  |                                                                                                                  | (13,838)                                                                                                                         |                                                                                                            | - |   | - |
| Purchase                of patents                                                    |                                                                                                                  | (108,745)                                                                                                                        |                                                                                                            | - |   | - |
|                                                                                  |                                                                                                                  |                                                                                                                             |                                                                                                            |   |   |   |
|                                                                                  |                                                                                                                  | (122,583)                                                                                                                        |                                                                                                            | - |   | - |
| **Cash                flows from financing activities**                               |                                                                                                                  |                                                                                                                             |                                                                                                            |   |   | - |
| Common                shares issued for cash (Note 10)                                |                                                                                                                  | 858,312                                                                                                                          |                                                                                                            | 152,207 |   | 24,000 |
| Warrants                granted for cash                                              |                                                                                                                  | 25,793                                                                                                                           |                                                                                                            | 25,793 |   | - |
| Warrants                exercised                                                     |                                                                                                                  | 10,000                                                                                                                           |                                                                                                            | - |   | - |
| Convertible                promissory note payable                                    |                                                                                                                  | 10,000                                                                                                                           |                                                                                                            | - |   | - |
| Increase                in due to related party                                       |                                                                                                                  | 669                                                                                                                              |                                                                                                            | 71 |   | 9,967 |
|                                                                                  |                                                                                                                  |                                                                                                                             |                                                                                                            |   |   |   |
|                                                                                  |                                                                                                                  | 904,774                                                                                                                          |                                                                                                            | 178,071 |   | 33,967 |
|                                                                                  |                                                                                                                  |                                                                                                                             |                                                                                                            |   |   |   |
| **Foreign                exchange effect on cash**                                    |                                                                                                                  | (4,277)                                                                                                                          |                                                                                                            | (19) |   | - |
|                                                                                  |                                                                                                                  |                                                                                                                             |                                                                                                            |   |   |   |
| **Increase                (decrease) in cash and cash equivalents**                   |                                                                                                                  | 105,884                                                                                                                          |                                                                                                            | 104,402 |   | (388) |
|                                                                                  |                                                                                                                  |                                                                                                                             |                                                                                                            |   |   |   |
| **Cash                and cash equivalents, beginning of period**                     |                                                                                                                  | -                                                                                                                                |                                                                                                            | 1,482 |   | 1,884 |
|                                                                                  |                                                                                                                  |                                                                                                                             |                                                                                                            |   |   |   |
| **Cash                and cash equivalents, end of period**                           |                                                                                                                  | 105,884                                                                                                                          |                                                                                                            | 105,884 |   | 1,496 |

**Supplemental      Disclosures with Respect to Cash Flows **

----

**Rotoblock      Corporation**

**(A      Development Stage Company)**

|                                                                                                                                                       | **Number                of shares issued** | **Capital****Stock** | **Additional                Paid-in capital** | **Accumulated                comprehensive loss** | **Deficit                accumulated during the development stage** | **Stockholders’                equity** |
|------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------|----------------------|-----------------------------------------------|---------------------------------------------------|---------------------------------------------------------------------|-----------------------------------------------|
|                                                                                                                                                       |                                       |                 |                                          | **$**                                             |                                                                | **$**                                         |   | **$** |   | **$** |   | **$** |
|                                                                                                                                                       |                                       |                 |                                          |                                              |                                                                |                                          |   |   |   |   |   |   |
| **Balance                at 2 September 2003**                                                                                                             |                                       |                 |                                          |                                              |                                                                |                                          |   |   |   |   |   |   |
| Shares                issued for cash                                                                                                                      |                                       | 7,000,000            |                                          | -                                                 |                                                                | 534                                           |   | - |   | - |   | 534 |
| Shares                issued for cash                                                                                                                      |                                       | 200,000              |                                          | -                                                 |                                                                | 38,130                                        |   | - |   | - |   | 38,130 |
| Adjustment                to number of shares issued as a result of the acquisition of net                assets of                Rotoblock Inc. (Note 1) |                                       | (7,200,000)          |                                          | -                                                 |                                                                | -                                             |   | - |   | - |   | - |
| Shares                issued in connection with the acquisition of net assets of Rotoblock                Inc.                (Note 1)                     |                                       | 15,000,000           |                                          | 15,000                                            |                                                                | (15,000)                                      |   | - |   | - |   | - |
| Excess                of consideration over net assets purchased from Rotoblock Inc. (Note                1)                                               |                                       | -                    |                                          | -                                                 |                                                                | -                                             |   | - |   | (138) |   | (138) |
| Foreign                currency translation adjustment                                                                                                     |                                       | -                    |                                          | -                                                 |                                                                | -                                             |   | (1,918) |   | - |   | (1,918) |
| Net                loss for the period                                                                                                                     |                                       | -                    |                                          | -                                                 |                                                                | -                                             |   | - |   | (108,443) |   | (108,443) |
|                                                                                                                                                       |                                       |                 |                                          |                                              |                                                                |                                          |   |   |   |   |   |   |
| **Balance                at 30 April 2004**                                                                                                                |                                       | 15,000,000           |                                          | 15,000                                            |                                                                | 23,664                                        |   | (1,918) |   | (108,581) |   | (71,835) |
| Shares                issued for cash ($0.05 per share)                                                                                                    |                                       | 10,000,000           |                                          | 10,000                                            |                                                                | 490,000                                       |   | - |   | - |   | 500,000 |
| Foreign                currency translation adjustment                                                                                                     |                                       | -                    |                                          | -                                                 |                                                                | -                                             |   | (1,385) |   | - |   | (1,385) |
| Net                loss for the year                                                                                                                       |                                       | -                    |                                          | -                                                 |                                                                | -                                             |   | - |   | (306,193) |   | (306,193) |
|                                                                                                                                                       |                                       |                 |                                          |                                              |                                                                |                                          |   |   |   |   |   |   |
| **Balance                at 30 April 2005**                                                                                                                |                                       | 25,000,000           |                                          | 25,000                                            |                                                                | 513,664                                       |   | (3,303) |   | (414,774) |   | 120,587 |
| Shares                issued for cash ($0.26 per share) (Note 10)                                                                                          |                                       | 548,160              |                                          | 548                                               |                                                                | 142,893                                       |   | - |   | - |   | 143,441 |
| Shares                issued for services rendered ($0.31 per share) (Note 10)                                                                             |                                       | 2,418,130            |                                          | 2,418                                             |                                                                | 751,459                                       |   | - |   | - |   | 753,877 |
| Shares                issued for inventory ($0.29 per share) (Note 10)                                                                                     |                                       | 611,048              |                                          | 611                                               |                                                                | 176,593                                       |   | - |   | - |   | 177,204 |
| Warrants                exercised ($0.25 per share) (Note 10)                                                                                              |                                       | 40,000               |                                          | 40                                                |                                                                | 9,960                                         |   | - |   | - |   | 10,000 |
| Stock-based                compensation (Note 10)                                                                                                          |                                       | -                    |                                          | -                                                 |                                                                | 1,901,177                                     |   | - |   | - |   | 1,901,177 |
| Foreign                currency translation adjustment                                                                                                     |                                       | -                    |                                          | -                                                 |                                                                | -                                             |   | (950) |   | - |   | (950) |
| Net                loss for the year                                                                                                                       |                                       | -                    |                                          | -                                                 |                                                                | -                                             |   | - |   | (2,767,259) |   | (2,767,259) |
|                                                                                                                                                       |                                       |                 |                                          |                                              |                                                                |                                          |   |   |   |   |   |   |
| **Balance                at 30 April 2006**                                                                                                                |                                       | 28,617,338           |                                          | 28,617                                            |                                                                | 3,495,746                                     |   | (4,253) |   | (3,182,033) |   | 338,077 |
| Shares                issued for cash ($0.21 per share) (Note 10)                                                                                          |                                       | 114,286              |                                          | 114                                               |                                                                | 23,886                                        |   | - |   | - |   | 24,000 |
| Shares                issued for services rendered (Note 10)                                                                                               |                                       | 1,709,262            |                                          | 1,709                                             |                                                                | 190,356                                       |   | - |   | - |   | 192,065 |
| Contribution                to capital by related parties - services (Notes 9 and 12)                                                                      |                                       | -                    |                                          | -                                                 |                                                                | 100,000                                       |   | - |   | - |   | 100,000 |
| Stock-based                compensation (Note 10)                                                                                                          |                                       | -                    |                                          | -                                                 |                                                                | 414,711                                       |   | - |   | - |   | 414,711 |
| Foreign                currency translation adjustment                                                                                                     |                                       | -                    |                                          | -                                                 |                                                                | -                                             |   | (5) |   | - |   | (5) |
| Net                loss for the period                                                                                                                     |                                       | -                    |                                          | -                                                 |                                                                | -                                             |   | - |   | (863,582) |   | (863,582) |
|                                                                                                                                                       |                                       |                 |                                          |                                              |                                                                |                                          |   |   |   |   |   |   |
| **Balance                at 30 April 2007**                                                                                                                |                                       | 30,440,886           |                                          | 30,440                                            |                                                                | 4,224,699                                     |   | (4,258) |   | (4,045,615) |   | 205,266 |
|                                                                                                                                                       |                                       |                 |                                          |                                              |                                                                |                                          |   |   |   |   |   |   |

----

**Rotoblock      Corporation**

**(A      Development Stage Company)**

*      Cont’d*

|                                                                                  | **Number                of shares issued** | **Capital****Stock** | **Additional                Paid-in capital** | **Accumulated                comprehensive loss** | **Deficit                accumulated during the development stage** | **Stockholders’                equity** |
|---------------------------------------------------------------------------------------|--------------------------------------------|----------------------|-----------------------------------------------|---------------------------------------------------|---------------------------------------------------------------------|-----------------------------------------------|
|                                                                                  |                                       |                 |                                          | **$**                                             |                                                                | **$**                                         |   | **$** |   | **$** |   | **$** |
| **Balance                at 30 April 2007**                                           |                                       | 30,440,886           |                                          | 30,440                                            |                                                                | 4,224,699                                     |   | (4,258) |   | (4,045,615) |   | 205,266 |
| Shares                issued for cash (Note 10)                                       |                                       | 2,246,666            |                                          | 2,247                                             |                                                                | 149,960                                       |   | - |   | - |   | 152,207 |
| Warrants                granted for cash                                              |                                       | -                    |                                          | -                                                 |                                                                | 25,793                                        |   |   |   |   |   | 25,793 |
| Shares                issued for services rendered (Note 9 and 10)                    |                                       | 1,942,223            |                                          | 1,942                                             |                                                                | 98,568                                        |   | - |   | - |   | 100,510 |
| Contribution                to capital by related parties - services (Notes 9 and 12) |                                       | -                    |                                          | -                                                 |                                                                | 75,000                                        |   | - |   | - |   | 75,000 |
| Stock-based                compensation (Note 10)                                     |                                       | -                    |                                          | -                                                 |                                                                | 5,383                                         |   | - |   | - |   | 5,383 |
| Foreign                currency translation adjustment                                |                                       | -                    |                                          | -                                                 |                                                                | -                                             |   | (19) |   | - |   | (19) |
| Net                loss for the period                                                |                                       | -                    |                                          | -                                                 |                                                                | -                                             |   | - |   | (248,425) |   | (248,425) |
| **Balance                at 31January 2008**                                          |                                       | 34,629,775           |                                          | 34,629                                            |                                                                | 4,579,403                                     |   | (4,277) |   | (4,294,040) |   | 315,715 |

----

**Rotoblock      Corporation**

**(A      Development Stage Company)**

|                                                        | **For                the period from the date of inception on 2 September 2003 to****31                January 2008** | **For                the three month period ended 31 January 2008** | **For                the three month period ended 31 January 2007** | **For                the****nine                month period ended 31 January 2008** | **For                the****nine                month period ended 31 January 2007** |
|-------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------|---------------------------------------------------------------------|--------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------|
|                                                        |                                                                                                                  | **$**                                                               |                                                                | **$**                                                                                |                                                                                 | **$** |   | **$** |   | **$** |
|                                                        |                                                                                                                  |                                                                |                                                                |                                                                                 |                                                                                 |   |   |   |   |   |
| Consulting                fees (Notes 10)                   |                                                                                                                  | 569,815                                                             |                                                                | 39,973                                                                               |                                                                                 | 36,183 |   | 109,363 |   | 99,409 |
| Depreciation                                                |                                                                                                                  | 3,968                                                               |                                                                | -                                                                                    |                                                                                 | - |   | - |   | - |
| Foreign                exchange loss                        |                                                                                                                  | 1,545                                                               |                                                                | -                                                                                    |                                                                                 | - |   | - |   | 195 |
| Interest                                                    |                                                                                                                  | 16,458                                                              |                                                                | 482                                                                                  |                                                                                 | 175 |   | 714 |   | 434 |
| Investor                relations                           |                                                                                                                  | 143,878                                                             |                                                                | -                                                                                    |                                                                                 | - |   | - |   | 45,358 |
| Listing,                filing and transfer agent fees      |                                                                                                                  | 35,108                                                              |                                                                | 4,650                                                                                |                                                                                 | 1,810 |   | 6,525 |   | 6,179 |
| Management                fees (Notes 9 and 12)             |                                                                                                                  | 175,000                                                             |                                                                | 25,000                                                                               |                                                                                 | 25,000 |   | 75,000 |   | 75,000 |
| Office                and sundry                            |                                                                                                                  | 43,205                                                              |                                                                | 259                                                                                  |                                                                                 | 191 |   | 818 |   | 4,346 |
| Professional                fees                            |                                                                                                                  | 234,072                                                             |                                                                | 10,958                                                                               |                                                                                 | 55,019 |   | 47,642 |   | 74,174 |
| Public                relations and shareholder information |                                                                                                                  | 140,909                                                             |                                                                | -                                                                                    |                                                                                 | 9,006 |   | - |   | 65,337 |
| Rent                                                        |                                                                                                                  | 79,205                                                              |                                                                | -                                                                                    |                                                                                 | 15,389 |   | - |   | 27,861 |
| Research                and development                     |                                                                                                                  | 314,256                                                             |                                                                | -                                                                                    |                                                                                 | - |   | - |   | 420 |
| Stock-based                compensation (Note 10)           |                                                                                                                  | 2,321,271                                                           |                                                                | -                                                                                    |                                                                                 | 414,711 |   | 5,383 |   | 414,711 |
| Travel                and entertainment                     |                                                                                                                  | 43,138                                                              |                                                                | 2,980                                                                                |                                                                                 | - |   | 2,980 |   | 1,357 |
|                                                        |                                                                                                                  |                                                                |                                                                |                                                                                 |                                                                                 |   |   |   |   |   |
|                                                        |                                                                                                                  | 4,121,828                                                           |                                                                | 84,302                                                                               |                                                                                 | 557,484 |   | 248,425 |   | 814,781 |

----

**Rotoblock      Corporation**

**(A      Development Stage Company)**

**31      January 2008**

**_______________________________________________________________________________________________________________________________________________________________________________**

**1.      Nature and Continuance of Operations**

*Accounting      and Reporting by Development Stage Enterprises*

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        January 2008**

**_______________________________________________________________________________________________________________________________________________________________________________**  

**2.              Significant Accounting Policies**

**Basis      of presentation**

**Basis      of consolidation**

**                 **

**    Fiscal      period**

**                  **

**Risks      and uncertainties **

**                 **

**Cash      and cash equivalents**

**Financial      instruments**

**Concentrations      and credit risk**

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        January 2008**

**_______________________________________________________________________________________________________________________________________________________________________________**  

**Derivative      financial instruments**

**Income      taxes**

*Accounting      for Income Taxes*

**Basic      and diluted net loss per share**

*Earnings      per Share*

**Comprehensive      loss**

*Reporting      Comprehensive Income*

**Long      lived assets**

*Accounting      for the Impairment or Disposal of Long-Lived Assets*

**Segments      of an enterprise and related information**

*Disclosures      about Segments of an Enterprise and Related Information*
*Financial      Reporting for Segments of a Business Enterprise*

**Foreign      currency translation**

*Foreign      Currency Translation*

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        January 2008**

**_______________________________________________________________________________________________________________________________________________________________________________**  

**Stock-based      compensation**

*Share-Based      Payment*
*Accounting      for Stock Issued to Employees,*
*Accounting      for Stock-Based Compensation.*
*Accounting      for Equity Instruments That Are Issued to Other Than Employees for Acquiring,      or      in Conjunction with Selling, Goods or Services*

**Research      and development**

**Patents**

*Goodwill      and Other Intangible Assets*
*Accounting      for the Impairment of Long-Lived Assets*

**    Use      of      estimates**

**         Recent accounting pronouncements**

*Accounting      for Certain Hybrid Financial Instruments*
*Accounting      for Derivative Instruments and Hedging Activities*

*Accounting      for Transfers and Servicing of Financial Assets and Extinguishments of      Liabilities*

*Accounting      for Servicing of Financial Assets*

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        January 2008**

**_______________________________________________________________________________________________________________________________________________________________________________**

*"Fair      Value Measurement"*

*“Employers’      Accounting for Defined Benefit Pension and Other Postretirement Plans - an      amendment of FASB Statements No. 87, 88, 106 and 132(R)” *
*“Employers’      Accounting for Pensions”*
*“Employers’      Accounting for Postretirement Benefits Other Than Pensions”*

*“The      Fair Value Option for Financial Assets and Financial      Liabilities”*

**3.      Patents**

|                                    |   | **Balance                at 31 January 2008** |   | **Balance                at 31 January 2007** |
|-----------------------------------------|--------|-----------------------------------------------|--------|-----------------------------------------------|
|                                    |   | **$**                                         |   | **$**                                         |
| Patent                costs to date     |   | 108,745                                       |   | 108,745                                       |
| Accumulated                depreciation |   | -                                             |   | -                                             |
|                                    |   |                                          |   |                                          |
|                                    |   | 108,745                                       |   | 108,745                                       |

|   | **4.** | **Accounts                Payable and Accrued Liabilities**  |
|--------|--------|-------------------------------------------------------------------|

|   | **5.** | **Interest                Payable** |
|--------|--------|-------------------------------------|

|   | **6.** | **Convertible                Promissory Note** |
|--------|--------|------------------------------------------------|

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        January 2008**

**_______________________________________________________________________________________________________________________________________________________________________________**  

|   | **7.** | **Joint                Venture Agreements** |
|--------|--------|---------------------------------------------|

|   | i) | keep                the OPE patents in good standing and ensure that maintenance fees                are paid                in a timely manner (Note 3); and |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | ii) | exercise                the Option for all patents on or before 31 May 2007 or negotiate                an                extension. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------|

|   | **8.** | **Due                to Related Part****y**** ** |
|--------|--------|-------------------------------------------------------|

|   | **9.** | **Related                Party Transactions**** ** |
|--------|--------|---------------------------------------------------------|

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        January 2008**

**_______________________________________________________________________________________________________________________________________________________________________________**  

|   | **10.** | **Capital                Stock**** ** |
|--------|---------|--------------------------------------------|

|   | ii. | During                the year ended 30 April 2005, the Company issued 10,000,000 units                at a |
|--------|-----|-------------------------------------------------------------------------------------------------------------|

|   | iii. | During                the year ended 30 April 2006, the Company issued 548,160 common |
|--------|------|---------------------------------------------------------------------------------------|

|   | iv. | During                the year ended 30 April 2006, the Company issued 40,000 common |
|--------|-----|--------------------------------------------------------------------------------------|

|   | v. | During                the year ended 30 April 2006, the Company issued 611,048 common |
|--------|----|---------------------------------------------------------------------------------------|

----

**Rotoblock      Corporation**

**(A      Development Stage Company)**

**31      January 2008**

**_______________________________________________________________________________________________________________________________________________________________________________**

|   | vii. | During                the year ended 30 April 2007, the Company issued 114,286 restricted |
|--------|------|-------------------------------------------------------------------------------------------|

|   | viii. | During                the year ended 30 April 2007, the Company issued 24,513 common |
|--------|-------|--------------------------------------------------------------------------------------|

|   | ix. | During                the year ended 30 April 2007, the Company issued 150,000 common |
|--------|-----|---------------------------------------------------------------------------------------|

|   | xi. | During                the year ended 30 April 2007, the Company issued 57,820 common |
|--------|-----|--------------------------------------------------------------------------------------|

|   | xii. | During                the year ended 30 April 2007, the Company issued 69,000 common |
|--------|------|--------------------------------------------------------------------------------------|

|   | xiii. | During                the year ended 30 April 2007, the Company issued 75,000 common |
|--------|-------|--------------------------------------------------------------------------------------|

|   | xiv. | During                the year ended 30 April 2007, the Company issued 800,000 common |
|--------|------|---------------------------------------------------------------------------------------|

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        January 2008**

**_______________________________________________________________________________________________________________________________________________________________________________**  

|   | xvi. | During                the year ended 30 April 2007, the Company issued 135,850 common |
|--------|------|---------------------------------------------------------------------------------------|

|   | xvii. | During                the year ended 30 April 2007, the Company issued 93,750 common |
|--------|-------|--------------------------------------------------------------------------------------|

|   | xviii. | During                the year ended 30 April 2007, the Company issued 77,633 common |
|--------|--------|--------------------------------------------------------------------------------------|

|   | xix. | During                the year ended 30 April 2007, the Company issued 2,500,000 share |
|--------|------|----------------------------------------------------------------------------------------|

|   | xx. | During                the year ended 30 April 2007, the Company recognized stock |
|--------|-----|----------------------------------------------------------------------------------|

|   | xxii. |                         During the period ended 31 January 2008, the Company issued 1,580,000                private |
|--------|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | xxiii. |         During                the period ended 31 January 2008, the Company issued 200,000 common |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------|

|   | xxiv. |                        During the period ended 31 January 2008, the Company issued 1,000,000 |
|--------|-------|---------------------------------------------------------------------------------------------------------------------------------|

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        January 2008**

**_______________________________________________________________________________________________________________________________________________________________________________**  

|   | xxv. | During                the period ended 31 January 2008, the Company issued 300,000 common |
|--------|------|-------------------------------------------------------------------------------------------|

|   | xxvi. | During                the period ended 31 January 2008, the Company issued 200,000 common |
|--------|-------|-------------------------------------------------------------------------------------------|

|   | xxvii. | During                the period ended 31 January 2008, the Company issued 380,000 share |
|--------|--------|------------------------------------------------------------------------------------------|

|   | xxviii. | During                the period ended 31 January 2008, the Company issued 128,538 common |
|--------|---------|-------------------------------------------------------------------------------------------|

|   | xxix. | During                the period ended 31 January 2008, the Company issued 84,211 common |
|--------|-------|------------------------------------------------------------------------------------------|

|   | xxx. | During                the period ended 31 January 2008, the Company issued 29,474 common |
|--------|------|------------------------------------------------------------------------------------------|

|   | xxxi. | During                the period ended 31 January 2008, the Company issued 666,666 units                at a |
|--------|-------|--------------------------------------------------------------------------------------------------------------|

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        January 2008**

**_______________________________________________________________________________________________________________________________________________________________________________**

| **Date                Issued**   |   | **Number****of                shares** |   | **Value** |   | **Price****per                share** | **Service**                       |
|----------------------------------|--------|----------------------------------------|--------|-----------|--------|---------------------------------------|-----------------------------------|
|                             |   |                                   |   | **$**     |   | **$**                                 |                              |
| 24                August 2005    |   | 250,000                                |   | 95,000    |   | 0.38                                  | Consulting*                       |
| 24                August 2005    |   | 25,000                                 |   | 9,500     |   | 0.38                                  | Computer                and IT    |
| 24                August 2005    |   | 50,000                                 |   | 19,000    |   | 0.38                                  | Public                relations   |
| 24                August 2005    |   | 25,000                                 |   | 9,500     |   | 0.38                                  | Investor                relations |
| 24                August 2005    |   | 300,000                                |   | 114,000   |   | 0.38                                  | Legal                             |
| 24                August 2005    |   | 250,000                                |   | 95,000    |   | 0.38                                  | Consulting*                       |
| 24                August 2005    |   | 25,000                                 |   | 9,500     |   | 0.38                                  | Accounting                        |
| 28                September 2005 |   | 104,171                                |   | 29,168    |   | 0.28                                  | Investor                relations |
| 29                September 2005 |   | 100,000                                |   | 25,000    |   | 0.25                                  | Consulting                        |
| 29                September 2005 |   | 150,000                                |   | 37,500    |   | 0.25                                  | Consulting*                       |
| 27                October 2005   |   | 327,586                                |   | 95,000    |   | 0.29                                  | Investor                relations |
| 28                October 2005   |   | 99,360                                 |   | 24,840    |   | 0.25                                  | Rent                              |
| 1                November 2005   |   | 50,000                                 |   | 14,000    |   | 0.28                                  | Public                relations   |
| 1                November 2005   |   | 125,000                                |   | 35,000    |   | 0.28                                  | Consulting                        |
| 2                November 2005   |   | 80,000                                 |   | 23,200    |   | 0.29                                  | Consulting                        |
| 14                November 2005  |   | 100,000                                |   | 50,000    |   | 0.50                                  | Printing                          |
| 12                January 2006   |   | 250,000                                |   | 37,500    |   | 0.15                                  | Consulting                        |
| 12                January 2006   |   | 16,667                                 |   | 2,500     |   | 0.15                                  | Legal                             |
| 25                January 2006   |   | 68,287                                 |   | 21,169    |   | 0.31                                  | Commission                bonus   |
| 7                February 2006   |   | 22,059                                 |   | 7,500     |   | 0.34                                  | Consulting                        |
| 28                June 2006      |   | 24,513                                 |   | 4,658     |   | 0.19                                  | Consulting                        |
| 29                June 2006      |   | 150,000                                |   | 28,500    |   | 0.19                                  | Investor                relations |
| 9                August 2006     |   | 33,333                                 |   | 5,000     |   | 0.15                                  | Legal                             |
| 3                October 2006    |   | 57,820                                 |   | 5,782     |   | 0.10                                  | Consulting                        |
| 19                October 2006   |   | 69,000                                 |   | 6,210     |   | 0.09                                  | Consulting                        |
| 10                November 2006  |   | 75,000                                 |   | 7,500     |   | 0.10                                  | Public                relations   |
| 29                November 2006  |   | 800,000                                |   | 96,000    |   | 0.12                                  | Public                relations   |
| 22                December 2006  |   | 192,363                                |   | 15,389    |   | 0.08                                  | Rent                              |
| 2                January 2007    |   | 135,850                                |   | 10,868    |   | 0.08                                  | Consulting                        |
| 7                February 2007   |   | 93,750                                 |   | 7,500     |   | 0.08                                  | Public                relations   |
| 3                April 2007      |   | 77,633                                 |   | 4,658     |   | 0.06                                  | Consulting                        |
| 22                October 2007   |   | 400,000                                |   | 8,000     |   | 0.02                                  | Consulting*                       |
| 26                October 2007   |   | 1,300,000                              |   | 65,000    |   | 0.05                                  | Consulting                        |
| 7                November 2007   |   | 128,538                                |   | 16,710    |   | 0.13                                  | Consulting                        |
| 10                December 2007  |   | 84,211                                 |   | 8,000     |   | 0.09                                  | Consulting*                       |
| 10                December 2007  |   | 29,474                                 |   | 2,800     |   | 0.09                                  | Consulting                        |
| Total                            |   | 6,069,615                              |   | 1,046,452 |   |                                  |                              |

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        January 2008**

**_______________________________________________________________________________________________________________________________________________________________________________**  

**Share      Purchase Warrants**

|     |   | **Exercise                price** |   | **Number****of                warrants** |   | **Remaining****contractual                life (years)** |
|----------|--------|-----------------------------------|--------|------------------------------------------|--------|----------------------------------------------------------|
|     |   | **$**                             |   |                                     |   |                                                     |
|     |   |                              |   |                                     |   |                                                     |
| Warrants |   | 0.50                              |   | 2,000,000                                |   | 1.54                                                     |
| Warrants |   | 0.50                              |   | 3,000,000                                |   | 1.57                                                     |
| Warrants |   | 0.25                              |   | 2,960,000                                |   | 2.96                                                     |
| Warrants |   | 0.15                              |   | 2,500,000                                |   | 3.86                                                     |
| Warrants |   | 0.25                              |   | 380,000                                  |   | 4.60                                                     |
| Warrants |   | 0.25                              |   | 333,334                                  |   | 4.98                                                     |
|     |   |                              |   |                                     |   |                                                     |
|     |   |                              |   | 11,173,334                               |   |                                                     |

|                                                                                                                                 |   | **Number                of warrants** |   | **Weighted                average exercise price** |
|--------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------|--------|----------------------------------------------------|
|                                                                                                                                 |   |                                  |   | **$**                                              |
|                                                                                                                                 |   |                                  |   |                                               |
| Outstanding                and exercisable at 30 April 2006                                                                          |   | 14,462,160                            |   | 0.45                                               |
|                                                                                                                                 |   |                                  |   |                                               |
| Granted                                                                                                                              |   | -                                     |   | -                                                  |
| Exercised                                                                                                                            |   | -                                     |   | -                                                  |
| Expired                                                                                                                              |   | -                                     |   | -                                                  |
|                                                                                                                                 |   |                                  |   |                                               |
| Outstanding                and exercisable at 31 January 2007                                                                        |   | 14,462,160                            |   | 0.45                                               |
|                                                                                                                                 |   |                                  |   |                                               |
| Weighted                average fair value of warrants granted during the period ended 31                January                2007 |   |                                  |   | -                                                  |
|                                                                                                                                 |   |                                  |   |                                               |

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        January 2008**

**_______________________________________________________________________________________________________________________________________________________________________________**  

| Outstanding                and exercisable at 30 April 2007                                                                          |   | 11,962,160  |   | 0.45   |
|--------------------------------------------------------------------------------------------------------------------------------------|--------|-------------|--------|--------|
|                                                                                                                                 |   |        |   |   |
| Granted                                                                                                                              |   | 713,334     |   | 0.25   |
| Exercised                                                                                                                            |   | -           |   | -      |
| Expired                                                                                                                              |   | (1,502,160) |   | 0.50   |
|                                                                                                                                 |   |        |   |   |
| Outstanding                and exercisable at 31 January 2008                                                                        |   | 11,173,334  |   | 0.43   |
|                                                                                                                                 |   |        |   |   |
| Weighted                average fair value of warrants granted during the period ended 31                January                2008 |   |        |   | 0.04   |

|                                   |   |   |   | **As                at 31****October****2007** |   | **As                at 31****October****2006** |
|----------------------------------------|--------|--------|--------|------------------------------------------------|--------|------------------------------------------------|
|                                   |   |   |   |                                           |   |                                           |
| Risk                free interest rate |   |   |   | 3.33                % - 3.72%                  |   | -                                              |
| Expected                life           |   |   |   | 5.0                years                       |   | -                                              |
| Annualized                volatility   |   |   |   | 119%                - 150%                     |   | -                                              |
| Expected                dividends      |   |   |   | -                                              |   | -                                              |

**Restricted      Common Shares**

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        January 2008**

**_______________________________________________________________________________________________________________________________________________________________________________**  

|   | **xxxii.** | **Income                Taxes** |
|--------|------------|---------------------------------|

|                                                                |   | **For                the period ended 31 January 2008** |   | **For                the period ended 31 January****2007** |
|---------------------------------------------------------------------|--------|---------------------------------------------------------|--------|------------------------------------------------------------|
|                                                                |   | **$**                                                   |   | **$**                                                      |
|                                                                |   |                                                    |   |                                                       |
| Deferred                tax asset attributable to:                  |   |                                                    |   |                                                       |
| Current                operations                                   |   | 84,465                                                  |   | 277,026                                                    |
| Contributions                to capital by related party - expenses |   | (25,500)                                                |   | (25,500)                                                   |
| Stock-based                compensation                             |   | (1,830)                                                 |   | (141,002)                                                  |
| Less:                Change in valuation allowance                  |   | (57,135)                                                |   | (110,524)                                                  |
|                                                                |   |                                                    |   |                                                       |
| Net                refundable amount                                |   | -                                                       |   | -                                                          |

|                                             |   | **As                at****31                January****2008** |   | **As                at****30                April 2007** |
|--------------------------------------------------|--------|---------------------------------------------------------------|--------|----------------------------------------------------------|
|                                             |   | **$**                                                         |   | **$**                                                    |
|                                             |   |                                                          |   |                                                     |
| Net                operating loss carry forward  |   | 1,797,769                                                     |   | 1,629,726                                                |
|                                             |   |                                                          |   |                                                     |
| Statutory                federal income tax rate |   | 34%                                                           |   | 34%                                                      |
| Effective                income tax rate         |   | 0%                                                            |   | 0%                                                       |
|                                             |   |                                                          |   |                                                     |
| Deferred                tax asset                |   | 611,241                                                       |   | (554,107)                                                |
| Less:                Valuation allowance         |   | (611,241)                                                     |   | (554,107)                                                |
|                                             |   |                                                          |   |                                                     |
| Net                deferred tax asset            |   | -                                                             |   | -                                                        |

|   | **xxxiii.** | **Commitments** |
|--------|-------------|-----------------|

|   | i. | The                Company has outstanding commitments with respect to the License Agreement                (Note 7). |
|--------|----|-----------------------------------------------------------------------------------------------------------------------|

|   | ii. | On                10 November 2006 the Company entered into an agreement with Econ                Corporate                Services, Inc. for consulting services. The Company is committed                to issues                shares equivalent to $2,500 on a quarterly basis for a period of                one year                effective on the date of the                agreement. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        January 2008**

**_______________________________________________________________________________________________________________________________________________________________________________**  

|   | iii. | On                30 March 2004, the Company entered into a loan agreement, as amended,                for                $500,000, of which $350,000 was received by November 30, 2004. During                the                2006 fiscal year, the principal portion of the loan was paid out                in full.                The loan was secured by all the assets of the Company, 5% per annum                and                was payable on demand. Accrued interest on the loan has been calculated                at                $11,705; however, this amount has not yet been paid to the lender. |
|--------|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | iv. | On                30 April 2007, the Company entered into a convertible promissory                note                agreement, for $10,000 cash. The note is non-interest bearing, unsecured                and repayable in cash or 100,000 shares within two years of agreement                date. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | v. | On                15 November 2007**,**the                Company filed its intention to register 5,000,000 common shares of                the                Company to be covered under S8 Registration for future issuances                to any                and all consultants, employees, attorneys, officers and directors                of the                Company.   |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|    | **xxxiv.** | **Supplemental                Disclosure with Respect to Cash                Flow** |
|--------------|------------|-------------------------------------------------------------------------------------|

|                                                      |   | **For                the period from the date of inception on 2 September 2003 to****31                January****2008** |   |      **For                the****period                ended****31                January 2008** |   |      **For                the****period                ended****31                January 2007** |
|-----------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------|
|                                                      |   | **$**                                                                                                                    |   | **$**                                                                                                                     |   | **$**                                                                                                                     |
|                                                      |   |                                                                                                                     |   |                                                                                                                      |   |                                                                                                                      |
| Cash                paid during the year for interest     |   | 11,362                                                                                                                   |   | -                                                                                                                         |   | -                                                                                                                         |
| Cash                paid during the year for income taxes |   | -                                                                                                                        |   | -                                                                                                                         |   | -                                                                                                                         |

**,      **

----

**ITEM      2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF      OPERATION.**

***Results      of Operations***

----

***Liquidity      and Capital Resources***

***Plan      of Operation***

----

*      (“Agreement”)*
*      (“Obvio!”)*

***Critical      Accounting Policies***

----

**ITEM      3. CONTROLS AND PROCEDURES**

**PART      II - OTHER INFORMATION**

**ITEM      1. LEGAL PROCEEDINGS**

**ITEM      2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF      PROCEEDS**

----

**ITEM      3. DEFAULTS UPON SENIOR SECURITIES.**

**ITEM      4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY      HOLDERS.**

**ITEM      5. OTHER INFORMATION**

**ITEM      6. EXHIBITS **

----

**SIGNATURES**

**Rotoblock      Corporation**