**UNITED      STATES SECURITIES AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-QSB**

**Commission      File Number: 333-116324**

**ROTOBLOCK      CORPORATION**

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**PART      I - FINANCIAL INFORMATION**

**ITEM      1. FINANCIAL STATEMENTS**

----

**Rotoblock      Corporation**

**(A      Development Stage Company)**

**31      July 2007**

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

|   |
|--------|

|                                                                      |   | **As                at 31 July 2007** |   | **As                at 30 April 2007** |
|---------------------------------------------------------------------------|--------|---------------------------------------|--------|----------------------------------------|
|                                                                      |   | **(Unaudited)**                       |   | **(Audited)**                          |
|                                                                      |   | **$**                                 |   | **$**                                  |
| **Assets**                                                                |   |                                  |   |                                   |
|                                                                      |   |                                  |   |                                   |
| **Current**                                                               |   |                                  |   |                                   |
| Cash                and cash equivalents                                  |   | 272                                   |   | 1,482                                  |
| Accounts                receivable                                        |   | 208                                   |   | 199                                    |
| Prepaid                expenses (Notes 10 and 13)                         |   | 122,247                               |   | 149,818                                |
|                                                                      |   |                                  |   |                                   |
|                                                                      |   | 122,727                               |   | 151,499                                |
|                                                                      |   |                                  |   |                                   |
| **Patents**(Note                3)                                        |   | 108,745                               |   | 108,745                                |
|                                                                      |   |                                  |   |                                   |
|                                                                      |   | 231,472                               |   | 260,244                                |
| **Liabilities**                                                           |   |                                  |   |                                   |
|                                                                      |   |                                  |   |                                   |
| **Current**                                                               |   |                                  |   |                                   |
| Accounts                payable and accrued liabilities (Note 4)          |   | 44,513                                |   | 32,675                                 |
| Convertible                promissory note payable (Notes 6 and 12)       |   | 10,000                                |   | 10,000                                 |
| Due                to related party (Note 8)                              |   | 626                                   |   | 598                                    |
| Interest                payable (Note 5)                                  |   | 11,705                                |   | 11,705                                 |
|                                                                      |   |                                  |   |                                   |
|                                                                      |   | 66,844                                |   | 54,978                                 |
|                                                                      |   |                                  |   |                                   |
| **Stockholders’                equity**                             |   |                                  |   |                                   |
| **Capital                stock**                (Note 10)                 |   |                                  |   |                                   |
| Authorized                                                                |   |                                  |   |                                   |
| 75,000,000                common shares, par value $0.001                 |   |                                  |   |                                   |
| Issued                and outstanding                                     |   |                                  |   |                                   |
| 30                April 2007 - 30,440,886 common shares, par value $0.001 |   |                                  |   |                                   |
| 31                July 2007 - 30,440,886 common shares, par value $0.001  |   | 30,440                                |   | 30,440                                 |
| **Additional                paid-in capital**                             |   | 4,249,699                             |   | 4,224,699                              |
| **Accumulated                comprehensive loss**                         |   | (4,262)                               |   | (4,258)                                |
| **Deficit,                accumulated during the development stage**      |   | (4,111,249)                           |   | (4,045,615)                            |
|                                                                      |   |                                  |   |                                   |
|                                                                      |   | 164,628                               |   | 205,266                                |
|                                                                      |   |                                  |   |                                   |
|                                                                      |   | 231,472                               |   | 260,244                                |

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

**On      behalf of the Board:**

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

|                                                                                                            |   | **For                the period from the date of inception on 2 September 2003 to 31 July                2007** |   |    **For                the three month period ended 31 July 2007** |   |    **For                the three month period ended 31 July 2006** |
|-----------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------|
|                                                                                                            |   | **$**                                                                                                           |   | **$**                                                                              |   | **$**                                                                              |
|                                                                                                            |   |                                                                                                            |   |                                                                               |   |                                                                               |
| **Expenses**                                                                                                    |   |                                                                                                            |   |                                                                               |   |                                                                               |
| General                and administrative (Schedule 1)                                                          |   | 3,939,037                                                                                                       |   | 65,634                                                                             |   | 114,495                                                                            |
|                                                                                                            |   |                                                                                                            |   |                                                                               |   |                                                                               |
| **Net                loss before other items**                                                                  |   | (3,939,037)                                                                                                     |   | (65,634)                                                                           |   | (114,495)                                                                          |
|                                                                                                            |   |                                                                                                            |   |                                                                               |   |                                                                               |
| **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)                recovery of related party receivable (Note 9)                                        |   | (162,204)                                                                                                       |   | -                                                                                  |   | -                                                                                  |
|                                                                                                            |   |                                                                                                            |   |                                                                               |   |                                                                               |
| **Net                loss for the period**                                                                      |   | (4,111,249)                                                                                                     |   | (65,634)                                                                           |   | (114,495)                                                                          |
|                                                                                                            |   |                                                                                                            |   |                                                                               |   |                                                                               |
| **Basic                and diluted loss per common share**                                                      |   |                                                                                                            |   | (0.002)                                                                            |   | (0.004)                                                                            |
|                                                                                                            |   |                                                                                                            |   |                                                                               |   |                                                                               |
|  **Weighted                average number of common shares used in per share                calculations** |   |                                                                                                            |   | 30,440,886                                                                         |   | 28,770,230                                                                         |
|                                                                                                            |   |                                                                                                            |   |                                                                               |   |                                                                               |
| **Comprehensive                loss**                                                                           |   |                                                                                                            |   |                                                                               |   |                                                                               |
| Net                loss for the period                                                                          |   | (4,111,249)                                                                                                     |   | (65,634)                                                                           |   | (114,495)                                                                          |
| Foreign                currency translation adjustment                                                          |   | (4,262)                                                                                                         |   | (4)                                                                                |   | -                                                                                  |
|                                                                                                            |   |                                                                                                            |   |                                                                               |   |                                                                               |
| **Comprehensive                loss**                                                                           |   | (4,115,511)                                                                                                     |   | (65,638)                                                                           |   | (114,495)                                                                          |
|                                                                                                            |   |                                                                                                            |   |                                                                               |   |                                                                               |
| **Comprehensive                loss per common share**                                                          |   |                                                                                                            |   | (0.002)                                                                            |   | (0.004)                                                                            |

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

|                                                                                  | **For                the period from the date of inception on 2 September 2003 to****31                July 2007** | **For                the three month period ended 31 July 2007** | **For                the three month period ended 31 July 2006** |
|---------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------|------------------------------------------------------------------|
|                                                                                  |                                                                                                               | **$**                                                            |                                                             | **$** |   | **$** |
|                                                                                  |                                                                                                               |                                                             |                                                             |   |   |   |
| **Cash                flows from operating activities**                               |                                                                                                               |                                                             |                                                             |   |   |   |
| Net                loss for the period                                                |                                                                                                               | (4,111,249)                                                      |                                                             | (65,634) |   | (114,495) |
| Adjustments                to reconcile loss to net cash used by operating activities |                                                                                                               |                                                             |                                                             |   |   |   |
| Contributions                to capital by related party - expenses (Notes 9 and 13)  |                                                                                                               | 125,000                                                          |                                                             | 25,000 |   | - |
| Depreciation                                                                          |                                                                                                               | 3,968                                                            |                                                             | - |   | - |
| Non-cash                interest                                                      |                                                                                                               | 11,705                                                           |                                                             | - |   | - |
| Shares                issued for services (Notes 9, 10 and 13)                        |                                                                                                               | 823,693                                                          |                                                             | 27,571 |   | 33,158 |
| Stock-based                compensation (Notes 9, 10 and 13)                          |                                                                                                               | 2,315,888                                                        |                                                             | - |   | - |
| Write-off                of property and equipment                                    |                                                                                                               | 9,870                                                            |                                                             | - |   | - |
| Write-off                of related party receivable (Notes 9 and 13)                 |                                                                                                               | 177,204                                                          |                                                             | - |   | - |
| Changes                in operating assets and liabilities                            |                                                                                                               |                                                             |                                                             |   |   |   |
| (Increase)                decrease in accounts receivable                             |                                                                                                               | (208)                                                            |                                                             | (9) |   | 490 |
| Decrease                in prepaid expenses                                           |                                                                                                               | -                                                                |                                                             | - |   | 67,972 |
| Increase                in accounts payable and accrued liabilities                   |                                                                                                               | 44,515                                                           |                                                             | 11,838 |   | 1,214 |
|                                                                                  |                                                                                                               |                                                             |                                                             |   |   |   |
|                                                                                  |                                                                                                               | (599,614)                                                        |                                                             | (1,234) |   | (11,661) |
|                                                                                  |                                                                                                               |                                                             |                                                             |   |   |   |
| **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                                          |                                                                                                               | 706,105                                                          |                                                             | - |   | 24,000 |
| Warrants                exercised                                                     |                                                                                                               | 10,000                                                           |                                                             | - |   | - |
| Advances                payable                                                       |                                                                                                               | -                                                                |                                                             | - |   | - |
| Convertible                promissory note payable (Notes 6 and 12)                   |                                                                                                               | 10,000                                                           |                                                             | - |   | - |
| Increase                (decrease) in due to related party (Note 8)                   |                                                                                                               | 626                                                              |                                                             | 28 |   | (7) |
|                                                                                  |                                                                                                               |                                                             |                                                             |   |   |   |
|                                                                                  |                                                                                                               | 726,731                                                          |                                                             | 28 |   | 23,993 |
|                                                                                  |                                                                                                               |                                                             |                                                             |   |   |   |
| **Foreign                exchange effect on cash**                                    |                                                                                                               | (4,262)                                                          |                                                             | (4) |   | - |
|                                                                                  |                                                                                                               |                                                             |                                                             |   |   |   |
| **Increase                (decrease) in cash and cash equivalents**                   |                                                                                                               | 272                                                              |                                                             | (1,210) |   | 12,332 |
|                                                                                  |                                                                                                               |                                                             |                                                             |   |   |   |
| **Cash                and cash equivalents, beginning of period**                     |                                                                                                               | -                                                                |                                                             | 1,482 |   | 1,884 |
|                                                                                  |                                                                                                               |                                                             |                                                             |   |   |   |
| **Cash                and cash equivalents, end of period**                           |                                                                                                               | 272                                                              |                                                             | 272 |   | 14,216 |

**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 (Notes 10 and 13)                                                                                       |                                       | 1,709,262            |                                          | 1,709                                             |                                                                | 190,356                                       |   | - |   | - |   | 192,065 |
| Contribution                to capital by related parties - services (Notes 9 and 13)                                                                      |                                       | -                    |                                          | -                                                 |                                                                | 100,000                                       |   | - |   | - |   | 100,000 |
| Stock-based                compensation (Note 9, 10 and13)                                                                                                 |                                       | -                    |                                          | -                                                 |                                                                | 414,711                                       |   | - |   | - |   | 414,711 |
| Foreign                currency translation adjustment                                                                                                     |                                       | -                    |                                          | -                                                 |                                                                | -                                             |   | (5) |   | - |   | (5) |
| Net                loss for the year                                                                                                                       |                                       | -                    |                                          | -                                                 |                                                                | -                                             |   | - |   | (863,582) |   | (863,582) |
|                                                                                                                                                       |                                       |                 |                                          |                                              |                                                                |                                          |   |   |   |   |   |   |
| **Balance                at 30 April 2007**                                                                                                                |                                       | 30,440,886           |                                          | 30,440                                            |                                                                | 4,224,699                                     |   | (4,258) |   | (4,045,615) |   | 205,266 |
| Contribution                to capital by related parties - services (Notes 9 and 13)                                                                      |                                       | -                    |                                          | -                                                 |                                                                | 25,000                                        |   | - |   | - |   | 25,000 |
| Foreign                currency translation adjustment                                                                                                     |                                       | -                    |                                          | -                                                 |                                                                | -                                             |   | (4) |   | - |   | (4) |
| Net                loss for the period                                                                                                                     |                                       | -                    |                                          | -                                                 |                                                                | -                                             |   | - |   | (65,634) |   | (65,634) |
|                                                                                                                                                       |                                       |                 |                                          |                                              |                                                                |                                          |   |   |   |   |   |   |
| **Balance                at 31 July 2007**                                                                                                                 |                                       | 30,440,886           |                                          | 30,440                                            |                                                                | 4,249,699                                     |   | (4,262) |   | (4,111,249) |   | 164,628 |

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

|                                                                          | **For                the period from the date of inception on 2 September 2003 to 31 July                2007** | **For                the three month period ended 31 July 2007** | **For                the three month period ended 31 July 2006** |
|-------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------|------------------------------------------------------------------|
|                                                                          |                                                                                                            | **$**                                                            |                                                             | **$** |   | **$** |
|                                                                          |                                                                                                            |                                                             |                                                             |   |   |   |
| Consulting                fees (Notes 9, 10 and 13)                           |                                                                                                            | 484,649                                                          |                                                             | 24,197 |   | 32,457 |
| Depreciation                                                                  |                                                                                                            | 3,968                                                            |                                                             | - |   | - |
| Foreign                exchange loss                                          |                                                                                                            | 1,545                                                            |                                                             | - |   | 195 |
| Interest                                                                      |                                                                                                            | 15,877                                                           |                                                             | 133 |   | 136 |
| Investor                relations (Notes 10 and 13)                           |                                                                                                            | 143,878                                                          |                                                             | - |   | 36,461 |
| Listing,                filing and transfer agent fees                        |                                                                                                            | 28,583                                                           |                                                             | - |   | 2,169 |
| Management                fees (Notes 9 and 13)                               |                                                                                                            | 125,000                                                          |                                                             | 25,000 |   | - |
| Office                and sundry                                              |                                                                                                            | 42,614                                                           |                                                             | 227 |   | 2,861 |
| Professional                fees                                              |                                                                                                            | 202,507                                                          |                                                             | 16,077 |   | 11,329 |
| Public                relations and shareholder information (Notes 10 and 13) |                                                                                                            | 140,909                                                          |                                                             | - |   | 20,870 |
| Rent                (Notes 10 and 13)                                         |                                                                                                            | 79,205                                                           |                                                             | - |   | 6,236 |
| Research                and development                                       |                                                                                                            | 314,256                                                          |                                                             | - |   | 424 |
| Stock-based                compensation (Notes 10 and 13)                     |                                                                                                            | 2,315,888                                                        |                                                             | - |   | - |
| Travel                and entertainment                                       |                                                                                                            | 40,158                                                           |                                                             | - |   | 1,357 |
|                                                                          |                                                                                                            |                                                             |                                                             |   |   |   |
|                                                                          |                                                                                                            | 3,939,037                                                        |                                                             | 65,634 |   | 114,495 |

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        July 2007**

| **1.  ** | **Nature                and Continuance of                Operations** |
|--------------------|------------------------------------------------------------------------|

*Accounting      and Reporting by Development Stage Enterprises*

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        July 2007**

| **2.  ** | **Significant                Accounting Policies** |
|--------------------|----------------------------------------------------|

**Basis      of presentation**

**Basis      of consolidation**

**Fiscal      period**

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        July 2007**

**Risks      and uncertainties **

**        Cash and cash equivalents**

**        Financial instruments**

**        Concentrations and credit risk**

**        Derivative financial instruments**

**Income      taxes**

*Accounting      *

*        for Income Taxes*

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        July 2007**

**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*

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        July 2007**

**        Foreign currency translation**

*Foreign      Currency Translation*

**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*

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        July 2007**

**                   Use of estimates**

**                   **

**Recent      accounting pronouncements**

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

*Accounting      for Servicing of Financial Assets*

*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*

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        July 2007**

*“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”*

*Fair      Value Measurement”.*

*“Accounting      Changes and Error Corrections”*
*“Accounting      Changes,”*
*“Reporting      Accounting Changes in Interim Financial Statements - an amendment of APB Opinion      No. 28.”*

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        July 2007**

**Comparative      figures**

| **3.  ** | **Patents** |
|--------------------|-------------|

|                                    |   | **Balance                at 31 July 2007** |   | **Balance                at 30 April 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        July 2007**

| **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 Party** |
|--------------------|-----------------------------------------|

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

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        July 2007**

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

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        July 2007**

| i.   | During                the year ended 30 April 2004, the Company issued 15,000,000 common                shares                pursuant to the acquisition of the net assets of Rotoblock Inc. (Note                1).                Theses shares are restricted from trading as defined in Rule 144                of the                United States Securities Act of                1933. |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ii.   | During                the year ended 30 April 2005, the Company issued 10,000,000 units                at a                price of $0.05 per unit. Each unit consists of one common share and                one-half common share purchase warrant. Each whole common share purchase                warrant entitles the holder to purchase an additional common share                at a                price of $0.50 per share for a period of two years from the date                of                offering. As at 30 April 2007, none of the share purchase warrants                in this                series remain outstanding. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| iii.   | During                the year ended 30 April 2006, the Company issued 548,160 common shares                valued at prices in the range of $0.14 and $0.36 per share for total                cash                proceeds of $143,411. |
|------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| iv.   | During                the year ended 30 April 2006, the Company issued 40,000 common shares                at a                price of $0.25 per share upon the exercise of previously outstanding                share                purchase warrants. As at 31 July 2007, 2,960,000 share purchase warrants                in this series remain outstanding. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| v.   | During                the year ended 30 April 2006, the Company issued 611,048 common shares                valued at a price of $0.29 per share for the acquisition of inventory                (Note 9). |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| vi.   | During                the year ended 30 April 2006, the Company issued 2,418,130 common                shares                for services valued at $753,877. Of this amount, $3,374 was expensed                during the three month period ended 31 July 2007 (30 April 2007 -                $173,126; Cumulative - $665,200) and the remaining $88,677 was classified                as prepaid expense which will be expensed as the services are received                in                subsequent periods. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| vii.   | During                the year ended 30 April 2007, the Company issued 114,286 restricted                common                shares at a price of $0.21 per share. These shares are restricted                from                trading for a period of one year as defined by Rule 144 of the United                States Securities Act of 1933. |
|------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| viii.   | During                the year ended 30 April 2007, the Company issued 24,513 common shares                valued at $4,658 for consulting                services. |
|-------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ix.   | During                the year ended 30 April 2007, the Company issued 150,000 common shares                valued at $28,500 for investor relations                services. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| x.   | During                the year ended 30 April 2007, the Company issued 33,333 common shares                at a                price of $0.15 per share for legal services. Of this amount, $Nil                was                expensed during the three month period ended 31 July 2007 (30 April                2007 -                $2,992; Cumulative - $2,992) and the remaining $2,008 was classified                as                prepaid expense which will be expensed as the services are received                in                subsequent periods. |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| xi.   | During                the year ended 30 April 2007, the Company issued 57,820 common shares                valued at $5,782 for consulting                services. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        July 2007**

| xii.   | During                the year ended 30 April 2007, the Company issued 69,000 common shares                valued at $6,210 for consulting                services. |
|------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| xiii.   | During                the year ended 30 April 2007, the Company issued 75,000 common shares                valued at $7,500 for consulting services. These                shares are restricted from trading for a period of one year as defined                by                Rule 144 of the United States Securities Act 1933. |
|-------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| xiv.   | During                the year ended 30 April 2007, the Company issued 800,000 common shares                at                a price of $0.12 per share for public relations services. Of this                amount,                $24,197 was expensed during the three month period (30 April 2007                -                $40,241; Cumulative - $64,438), and the remaining $31,562 was classified                as prepaid expense which will be expensed as the public relations                services                are received in the subsequent year. These shares are restricted                from                trading for a period of one year as defined by Rule 144 of the United                States Securities Act 1933. |
|------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| xv.   | During                the year ended 30 April 2007, the Company issued 192,363 common shares                valued at $15,389 for rent. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------|

| xvi.   | During                the year ended 30 April 2007, the Company issued 135,850 common shares                valued at $10,868 for consulting                services. |
|------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| xvii.   | During                the year ended 30 April 2007, the Company issued 93,750 common shares                valued at $7,500 for public relations. These shares are restricted                from                trading for a period of one year as defined by Rule 144 of the United                States Securities Act 1933. |
|-------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| xviii.   | During                the year ended 30 April 2007, the Company issued 77,633 common shares                valued at $4,658 for consulting                services. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| xix.   | During                the year ended 30 April 2007, the Company issued 2,500,000 share                purchase                warrants to officer and directors of the Company with fair value                of                $219,824. Each share purchase warrant entitles the holder to purchase                an                additional common share at a price of $0.15 up to 7 December                2011. |
|------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| xx.   | During                the year ended 30 April 2007, the Company recognized stock compensation                expense of $78,061 on the amendment of the expiry date of 2,000,000                warrants issued on 11 August 2005 to 11 August                2009. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| xxi.   | During                the year ended 30 April 2007, the Company recognized stock compensation                expense of $116,825 on the amendment of the expiry date of 3,000,000                warrants issued on 24 August 2005 to 24 August                2009. |
|------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        July 2007**

| **Date                Issued**   |   | **Number****of                shares** |   | **Price** |   | **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                        |
|                             |   |                                   |   |      |   |                                  |   |                              |
| Total                            |   | 4,127,392                              |   | 945,942   |   |                                  |   |                              |

***Common      shares issued for services from related parties.**

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        July 2007**

**Share      Purchase Warrants**

|     |   | **Exercise                price** |   | **Number****of                warrants** |   | **Remaining****contractual                life (years)** |
|----------|--------|-----------------------------------|--------|------------------------------------------|--------|----------------------------------------------------------|
|     |   | **$**                             |   |                                     |   |                                                     |
|     |   |                              |   |                                     |   |                                                     |
| Warrants |   | 0.50                              |   | 2,000,000                                |   | 2.04                                                     |
| Warrants |   | 0.50                              |   | 1,125,000                                |   | 0.07                                                     |
| Warrants |   | 0.50                              |   | 3,000,000                                |   | 2.07                                                     |
| Warrants |   | 0.50                              |   | 250,000                                  |   | 0.17                                                     |
| Warrants |   | 0.50                              |   | 1,154                                    |   | 0.34                                                     |
| Warrants |   | 0.50                              |   | 125,000                                  |   | 0.35                                                     |
| Warrants |   | 0.50                              |   | 1,006                                    |   | 0.40                                                     |
| Warrants |   | 0.25                              |   | 2,960,000                                |   | 3.46                                                     |
| Warrants |   | 0.15                              |   | 2,500,000                                |   | 4.36                                                     |
|     |   |                              |   |                                     |   |                                                     |
|     |   |                              |   | 11,962,160                               |   |                                                     |

|                                                                                                                              |   | **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 July 2006                                                                        |   | 14,462,160                            |   | 0.45                                               |
|                                                                                                                              |   |                                  |   |                                               |
| Weighted                average fair value of warrants granted during the period ended 31                July                2006 |   |                                  |   | -                                                  |

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        July 2007**

| Outstanding                and exercisable at 30 April 2007                                                                       |   | 11,962,160 |   | 0.45   |
|-----------------------------------------------------------------------------------------------------------------------------------|--------|------------|--------|--------|
|                                                                                                                              |   |       |   |   |
| Granted                                                                                                                           |   | -          |   | -      |
| Exercised                                                                                                                         |   | -          |   | -      |
| Expired                                                                                                                           |   | -          |   | -      |
|                                                                                                                              |   |       |   |   |
| Outstanding                and exercisable at 31 July 2007                                                                        |   | 11,962,160 |   | 0.45   |
|                                                                                                                              |   |       |   |   |
| Weighted                average fair value of warrants granted during the period ended 31                July                2007 |   |       |   | -      |

|                                   |   |   |   | **As                at 31 July 2007** |   | **As                at 31 July 2006** |
|----------------------------------------|--------|--------|--------|---------------------------------------|--------|---------------------------------------|
|                                   |   |   |   |                                  |   |                                  |
| Risk                free interest rate |   |   |   | 4.04                - 4.82 %          |   | 4.04                - 4.42%           |
| Expected                life           |   |   |   | 2.0                - 5.0 years        |   | 2.0                - 5.0 years        |
| Annualized                volatility   |   |   |   | 117                - 141%             |   | 134                - 141%             |
| Expected                dividends      |   |   |   | -                                     |   | -                                     |

**Restricted      Common Shares**

| **11.  ** | **Income                Taxes** |
|---------------------|---------------------------------|

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        July 2007**

|                                                                |   | **For                the three month period ended 31 July 2007** |   | **For                the three month period ended 31 July 2006** |
|---------------------------------------------------------------------|--------|------------------------------------------------------------------|--------|------------------------------------------------------------------|
|                                                                |   | **$**                                                            |   | **$**                                                            |
|                                                                |   |                                                             |   |                                                             |
| Deferred                tax asset attributable to:                  |   |                                                             |   |                                                             |
| Current                operations                                   |   | 22,316                                                           |   | 38,928                                                           |
| Contributions                to capital by related party - expenses |   | (8,500)                                                          |   | -                                                                |
| Stock-based                compensation                             |   | -                                                                |   | -                                                                |
| Less:                Change in valuation allowance                  |   | (13,816)                                                         |   | (38.928)                                                         |
|                                                                |   |                                                             |   |                                                             |
| Net                refundable amount                                |   | -                                                                |   | -                                                                |

|                                             |   | **As                at 31 July 2007** |   | **As                at 30 April 2007** |
|--------------------------------------------------|--------|---------------------------------------|--------|----------------------------------------|
|                                             |   | **$**                                 |   | **$**                                  |
|                                             |   |                                  |   |                                   |
| Net                operating loss carry forward  |   | 1,670,361                             |   | 1,629,727                              |
|                                             |   |                                  |   |                                   |
| Statutory                federal income tax rate |   | 34%                                   |   | 34%                                    |
| Effective                income tax rate         |   | 0%                                    |   | 0%                                     |
|                                             |   |                                  |   |                                   |
| Deferred                tax asset                |   | 567,923                               |   | 554,107                                |
| Less:                Valuation allowance         |   | (567,923)                             |   | (554,107)                              |
|                                             |   |                                  |   |                                   |
| Net                deferred tax asset            |   | -                                     |   | -                                      |

----

**Rotoblock        Corporation**

**A        Development Stage Company)**

**31        July 2007**

**12.**
**Commitments**

| i.   | 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 by 13 November                2008 |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 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 US Funds on a quarterly basis for a period                of                one year effective on the date of the                agreement. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| iii.   | On                25 October 2006, the Company negotiated an extension to exercise                the                Option by thirty seven months. Pursuant to the amended option agreement                the Company must pay a royalty of $50 per engine on the sale of up                to                10,000 OPE, and a royalty of $2 per engine on the sale of up to 100,000                OPE. (Note 3) |
|------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**13.**
**Supplemental      Disclosure with Respect to Cash Flows**
** **

|                                                      |   | **For                the period from the date of inception on 2 September 2003 to****31                July 2007** |   | **For                the three month period ended****31                July 2007** |   | **For                the three month period ended****31                July 2006** |
|-----------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------|
|                                                      |   | **$**                                                                                                              |   | **$**                                                                              |   | **$**                                                                              |
|                                                      |   |                                                                                                               |   |                                                                               |   |                                                                               |
| Cash                paid during the year for interest     |   | 11,362                                                                                                             |   | -                                                                                  |   | -                                                                                  |
| Cash                paid during the year for income taxes |   | -                                                                                                                  |   | -                                                                                  |   | -                                                                                  |

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        July 2007**

----

**Rotoblock        Corporation**

**(A        Development Stage Company)**

**31        July 2007**

----

**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**

**TEM      6. EXHIBITS AND REPORTS ON FORM 8-K**

**SIGNATURES**

**Rotoblock      Corporation**

----