**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-QSB**

**For      the quarterly period ended: March 31, 2008**

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| **Nevada**                                                                    | **90-0224622**                                   |
|-------------------------------------------------------------------------------|--------------------------------------------------|
| (State                or other jurisdiction of incorporation or organization) | (IRS                Employer Identification No.) |

**1375      Semoran Boulevard**

**Casselberry,      Florida 32707 **

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**(407)      599-2886 **

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***Copies      of Communications to:***

| Transitional                Small Business Disclosure Format (check one): | Yes o   | No x |
|---------------------------------------------------------------------------|------------------------|-----------|

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**RENOVO      HOLDINGS, INC.**

**TABLE      OF CONTENTS**

|                       |   |                                                                           |   | **Page Number** |
|----------------------------|--------|--------------------------------------------------------------------------------|--------|----------------------|
| **PART                1**  |   | **FINANCIAL                INFORMATION**                                       |   |                 |
|                       |   |                                                                           |   |                 |
| **Item                1**  |   | **Financial                Statements**                                        |   | 2                    |
|                       |   |                                                                           |   |                 |
|                       |   | **Balance                Sheet (unaudited)**                                   |   | 2                    |
|                       |   |                                                                           |   |                 |
|                       |   | **Statements                of Operations (unaudited)**                        |   | 3                    |
|                       |   |                                                                           |   |                 |
|                       |   | **Statement                of Cash Flows (unaudited)**                         |   | 5                    |
|                       |   |                                                                           |   |                 |
|                       |   | **Notes                to the Financial Statements**                           |   | 6                    |
|                       |   |                                                                           |   |                 |
| **Part                II** |   | **OTHER                INFORMATION**                                           |   |                 |
|                       |   |                                                                           |   |                 |
| **Item                1**  |   | **Legal                Proceedings**                                           |   | 21                   |
|                       |   |                                                                           |   |                 |
| **Item                2**  |   | **Unregistered                Sales of Equity Securities and Use of Proceeds** |   | 21                   |
|                       |   |                                                                           |   |                 |
| **Item                3**  |   | **Defaults                Upon Senior Securities**                             |   | 21                   |
|                       |   |                                                                           |   |                 |
| **Item                4**  |   | **Submission                of Matters to a Vote of Security Holders**         |   | 21                   |
|                       |   |                                                                           |   |                 |
| **Item                5**  |   | **Other                Information**                                           |   | 21                   |
|                       |   |                                                                           |   |                 |
| **Item                6**  |   | **Exhibits                and Reports on Form 8-K**                            |   | 22                   |

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**ITEM      1 - FINANCIAL INFORMATION**

**RENOVO        HOLDINGS**

**(A        Development Stage Company)**

**BALANCE        SHEET**

**AS        of March 31, 2008**

| **ASSETS**                                                                                                                                                                                                           |   |   |       |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|------------|--------|
| Total                  Assets                                                                                                                                                                                        |   | $      | -          |   |
| **LIABILITIES                  AND STOCKHOLDERS' DEFICIT**                                                                                                                                                           |   |   |       |   |
|                                                                                                                                                                                                                 |   |   |       |   |
| Current                  Liabilities:                                                                                                                                                                                |   |   |       |   |
| Accounts                  payable                                                                                                                                                                                    |   | $      | 81,958     |   |
| Payroll                  taxes payable                                                                                                                                                                               |   |   | 24,111     |   |
| Accrued                  interest payable                                                                                                                                                                            |   |   | 37,844     |   |
| Accrued                  auto allowance                                                                                                                                                                              |   |   | 39,200     |   |
| Accrued                  reimbursement to officer                                                                                                                                                                    |   |   | 42,128     |   |
| Accrued                  salary - officer                                                                                                                                                                            |   |   | 968,667    |   |
| Accrued                  redemption premium                                                                                                                                                                          |   |   | 49,538     |   |
| Secured                  convertible debenture                                                                                                                                                                       |   |   | 42,600     |   |
| Total                  current liabilities                                                                                                                                                                           |   |   | 1,286,046  |   |
|                                                                                                                                                                                                                 |   |   |       |   |
| Stockholders'                  deficit:                                                                                                                                                                              |   |   |       |   |
| Preferred                  stock, $.001 par value authorized 5,000,000; no shares issued and                  outstanding as of March 31, 2008 and 2007                                                              |   |   | -          |   |
|                                                                                                                                                                                                                 |   |   |       |   |
| Common                  stock, $.001 par value, authorized 4,900,000,000 shares; 854,087,549                  and                  499,854,216 issued and outstanding as of March 31, 2008 and                  2007 |   |   | 736,837    |   |
|                                                                                                                                                                                                                 |   |   |       |   |
| Additional                  paid-in capital                                                                                                                                                                          |   |   | 647,023    |   |
|                                                                                                                                                                                                                 |   |   |       |   |
| Deficit                  accumulated during development stage                                                                                                                                                        |   |   | (2,669,906 | )      |
| Total                  stockholders' deficit                                                                                                                                                                         |   |   | (1,286,046 | )      |
| Total                  liabilities and stockholders' deficit                                                                                                                                                         |   | $      | -          |   |

----

**RENOVO        HOLDINGS**

**(A        Development Stage Company)**

**STATEMENT        OF OPERATIONS**

|                                                                                                            |   |                                                 |       |    |   |  **For                  the Period****October 18, 2000****(Inception)                  to****March 31, 2008** |   |
|-----------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------|------------|--------------|--------|----------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                            |   | **Three Months Ended March, 31** |       |         |   |
|                                                                                                            |   | **2008**                                             |       | **2007**     |   | ** **                                                                                                                             |   |
|                                                                                                            |   |                                                 |       |    |   |                                                                                                                              |   |
| Revenue                                                                                                         |   | $                                                    | -          |         | $      | -                                                                                                                                      |   | $ | - |   |
|                                                                                                            |   |                                                 |       |         |   |                                                                                                                                   |   |   |   |   |
| Expenses:                                                                                                       |   |                                                 |       |         |   |                                                                                                                                   |   |   |   |   |
| Loss                  on sale of property                                                                       |   |                                                 | -          |         |   | -                                                                                                                                      |   |   | 12,108 |   |
| General                  and Administrative                                                                     |   |                                                 | -          |         |   | 220                                                                                                                                    |   |   | 333,619 |   |
| Depreciation                                                                                                    |   |                                                 | -          |         |   | -                                                                                                                                      |   |   | 23,821 |   |
| Advertising                                                                                                     |   |                                                 | -          |         |   | -                                                                                                                                      |   |   | 286,900 |   |
| Consulting                                                                                                      |   |                                                 | -          |         |   | -                                                                                                                                      |   |   | 411,500 |   |
| Officer                  salary                                                                                 |   |                                                 | 62,500     |         |   | 62,500                                                                                                                                 |   |   | 1,166,667 |   |
| Legal                  and accounting                                                                           |   |                                                 | 3,600      |         |   | 7,500                                                                                                                                  |   |   | 217,180 |   |
| Auto                  Allowance                                                                                 |   |                                                 | 2,100      |         |   | 2,100                                                                                                                                  |   |   | 39,200 |   |
| Interest                  expense                                                                               |   |                                                 | -          |         |   | 2,908                                                                                                                                  |   |   | 42,100 |   |
| Redemption                  premium                                                                             |   |                                                 | -          |         |   | -                                                                                                                                      |   |   | 49,539 |   |
| Other                  services - related party                                                                 |   |                                                 | -          |         |   | -                                                                                                                                      |   |   | 72,500 |   |
| Other                  expense                                                                                  |   |                                                 | 1,001      |         |   | -                                                                                                                                      |   |   | 14,772 |   |
| Total                  expenses                                                                                 |   |                                                 | 69,201     |         |   | 75,228                                                                                                                                 |   |   | 2,669,906 |   |
| Net                  loss                                                                                       |   | $                                                    | (69,201    | )            | $      | (75,228                                                                                                                                | )      | $ | (2,669,906 | ) |
|                                                                                                            |   |                                                 |       |         |   |                                                                                                                                   |   |   |   |   |
| Weighted                  average number of common shares outstanding, basic and fully                  diluted |   |                                                 | 74,270,729 |         |   | 499,854,216                                                                                                                            |   |   |   |   |
|                                                                                                            |   |                                                 |       |         |   |                                                                                                                                   |   |   |   |   |
| Net                  loss per weighted share basic and fully diluted                                            |   | $                                                    | (0.00      | )            | $      | (0.00                                                                                                                                  | )      |   |   |   |

----

**RENOVO        HOLDINGS**

**(A        Development Stage Company)**

**STATEMENTS        OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)**

|                                                                                                         |   | **Common Stock** |        | **Stock****subscriptions** |   | **Additional****Paid-in** |   | **Accumulated                  During Developmental** |    | **Total****Stockholder's** |   |
|--------------------------------------------------------------------------------------------------------------|--------|-----------------------|-------------|----------------------------|--------|---------------------------|--------|-------------------------------------------------------|---------|----------------------------|--------|
|                                                                                                         |   | **Shares**            |        | **Amount**                 |   | **receivable**            |   | **Capital**                                           |    | **Stage (Deficit)**   |   | **Equity** |   |
| October                  18, 2000 - (inception)                                                              |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Shares                  issued for services                                                                  |   |                  | 20,000,000  |                       | $      | 200                       |   | $                                                     | -       |                       | $      | 4,800 |   | $ | - |   | $ | 5,000 |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Shares                  issued for cash                                                                      |   |                  | 40,000,000  |                       |   | 400                       |   |                                                  | -       |                       |   | 9,600 |   |   | - |   |   | 10,000 |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Net                  (loss) October 18, 2000 (Inception) to December 31, 2000                                |   |                  | -           |                       |   | -                         |   |                                                  | -       |                       |   | - |   |   | (12,849 | ) |   | (12,849 | ) |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Balance                  - December 31, 2000                                                                 |   |                  | 60,000,000  |                       |   | 600                       |   |                                                  | -       |                       |   | 14,400 |   |   | (12,849 | ) |   | 2,151 |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Shares                  issued for cash                                                                      |   |                  | 6,200,000   |                       |   | 62                        |   |                                                  | -       |                       |   | 9,238 |   |   | - |   |   | 9,300 |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Donated                  services                                                                            |   |                  | -           |                       |   | -                         |   |                                                  | -       |                       |   | 4,231 |   |   | - |   |   | 4,231 |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Net                  loss for year                                                                           |   |                  | -           |                       |   | -                         |   |                                                  | -       |                       |   | - |   |   | (7,429 | ) |   | (7,429 | ) |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Balance                  - December 31, 2001                                                                 |   |                  | 66,200,000  |                       |   | 662                       |   |                                                  | -       |                       |   | 27,869 |   |   | (20,278 | ) |   | 8,253 |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Shares                  issued for cash                                                                      |   |                  | 13,800,000  |                       |   | 138                       |   |                                                  | -       |                       |   | 20,562 |   |   | - |   |   | 20,700 |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| January                  10, 2002 recapitalization adjustment to additional                  paid-in-capital |   |                  | -           |                       |   | 79,200                    |   |                                                  | -       |                       |   | (79,200 | ) |   | - |   |   | - |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Donated                  services                                                                            |   |                  | -           |                       |   | -                         |   |                                                  | -       |                       |   | 6,000 |   |   | - |   |   | 6,000 |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Net                  loss for year                                                                           |   |                  | -           |                       |   | -                         |   |                                                  | -       |                       |   | - |   |   | (10,647 | ) |   | (10,647 | ) |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Balance                  - December 31, 2002                                                                 |   |                  | 80,000,000  |                       |   | 80,000                    |   |                                                  | -       |                       |   | (24,769 | ) |   | (30,925 | ) |   | 24,306 |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Donated                  services                                                                            |   |                  | -           |                       |   | -                         |   |                                                  | -       |                       |   | 3,000 |   |   | - |   |   | 3,000 |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Shares                  Cancelled by majority stockholders                                                   |   |                  | (60,000,000 | )                          |   | (60,000                   | )      |                                                  | -       |                       |   | 60,000 |   |   | - |   |   | - |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Shares                  issued for services                                                                  |   |                  | 45,000,000  |                       |   | 45,000                    |   |                                                  | -       |                       |   | 22,500 |   |   | - |   |   | 67,500 |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Shares                  issued for services                                                                  |   |                  | 957,062     |                       |   | 957                       |   |                                                  | -       |                       |   | 115,843 |   |   | - |   |   | 116,800 |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Net                  loss for year                                                                           |   |                  | -           |                       |   | -                         |   |                                                  | -       |                       |   | - |   |   | (313,527 | ) |   | (313,527 | ) |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Balance                  - December 31, 2003                                                                 |   |                  | 65,957,062  |                       |   | 65,957                    |   |                                                  | -       |                       |   | 176,574 |   |   | (344,452 | ) |   | (101,921 | ) |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Shares                  issued for cash                                                                      |   |                  | 13,988,094  |                       |   | 13,988                    |   |                                                  | -       |                       |   | 47,191 |   |   | - |   |   | 61,179 |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Shares                  issued related to equity distribution agreement                                      |   |                  | 82,300,000  |                       |   | 82,300                    |   |                                                  | (47,000 | )                          |   | 317,700 |   |   | - |   |   | 353,000 |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Shares                  issued for services                                                                  |   |                  | 7,887,938   |                       |   | 7,888                     |   |                                                  | -       |                       |   | 226,812 |   |   | - |   |   | 234,700 |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Net                  loss for year                                                                           |   |                  | -           |                       |   | -                         |   |                                                  | -       |                       |   | - |   |   | (1,099,313 | ) |   | (1,099,313 | ) |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Balance                  - December 31, 2004                                                                 |   |                  | 170,133,094 |                       |   | 170,133                   |   |                                                  | (47,000 | )                          |   | 768,277 |   |   | (1,443,765 | ) |   | (552,355 | ) |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Shares                  issued related to equity distribution agreement                                      |   |                  | 83,758,696  |                       |   | 83,759                    |   |                                                  | 47,000  |                       |   | 18,449 |   |   | - |   |   | 149,208 |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Shares                  issued for debt repayment                                                            |   |                  | 221,637,426 |                       |   | 221,637                   |   |                                                  | -       |                       |   | (80,795 | ) |   | - |   |   | 140,842 |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Shares                  issued for services                                                                  |   |                  | 9,950,000   |                       |   | 9,950                     |   |                                                  | -       |                       |   | (7,950 | ) |   | - |   |   | 2,000 |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Net                  loss for year                                                                           |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   | (435,057 | ) |   | (435,057 | ) |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Balance                  - December 31, 2005                                                                 |   |                  | 485,479,216 |                       |   | 485,479                   |   |                                                  | -       |                       |   | 697,981 |   |   | (1,878,822 | ) |   | (695,362 | ) |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Shares                  issued in payment for officer salaries payable                                       |   |                  | 14,375,000  |                       |   | 14,375                    |   |                                                  | -       |                       |   | 8,625 |   |   | - |   |   | 23,000 |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Net                  loss December 31, 2006                                                                  |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   | (421,223 | ) |   | (421,223 | ) |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Balance                  - December 31, 2006                                                                 |   |                  | 499,854,216 |                       |   | 499,854                   |   |                                                  | -       |                       |   | 706,606 |   |   | (2,300,045 | ) |   | (1,093,585 | ) |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Shares                  issued for debt repayment                                                            |   |                  | 119,833,333 |                       |   | 119,833                   |   |                                                  | -       |                       |   | (59,583 | ) |   | - |   |   | 60,250 |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Net                  loss December 31, 2007                                                                  |   |                  | -           |                       |   | -                         |   |                                                  | -       |                       |   | - |   |   | (300,660 | ) |   | (300,660 | ) |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Balance                  - December 31, 2007                                                                 |   |                  | 619,687,549 |                       |   | 619,687                   |   |                                                  | -       |                       |   | 647,023 |   |   | (2,600,705 | ) |   | (1,333,995 | ) |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Shares                  issued for debt repayment                                                            |   |                  | 234,400,000 |                       |   | 117,150                   |   |                                                  | -       |                       |   | - |   |   | - |   |   | 117,150 |   |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Net                  loss March 31, 2008                                                                     |   |                  | -           |                       |   | -                         |   |                                                  | -       |                       |   | - |   |   | (69,201 | ) |   | (69,201 | ) |
|                                                                                                         |   |                  |        |                       |   |                      |   |                                                  |    |                       |   |   |   |   |   |   |   |   |   |
| Balance                  - March 31, 2008                                                                    |   |                  | 854,087,549 |                       | $      | 736,837                   |   | $                                                     | -       |                       | $      | 647,023 |   | $ | (2,669,906 | ) | $ | (1,286,046 | ) |

----

**RENOVO        HOLDINGS**

**(A        Development Stage Company)**

**STATEMENT        OF CASH FLOWS**

|                                                                                                           |   | **Three Months Ended March 31,** |    | **For the Period****October 18, 2000****(Inception) to** |   |
|----------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------|---------|-----------------------------------------------------------------------------------|--------|
|                                                                                                           |   | **2008**                                             |    | **2007**                                                                          |   | **March                  31, 2008** |   |
| **CASH                  FLOWS FROM OPERATIONS**                                                                |   |                                                 |    |                                                                              |   |   |   |   |   |   |
|                                                                                                           |   |                                                 |    |                                                                              |   |   |   |   |   |   |
| Net                  loss                                                                                      |   | $                                                    | (69,201 | )                                                                                 | $      | (75,228 | ) | $ | (2,669,906 | ) |
|                                                                                                           |   |                                                 |    |                                                                              |   |   |   |   |   |   |
| Adjustments                  to reconcile net loss to net cash used for operating                  activities: |   |                                                 |    |                                                                              |   |   |   |   |   |   |
| Stock                  issued for services                                                                     |   |                                                 | -       |                                                                              |   | - |   |   | 329,700 |   |
| Loss                  on sale of equipment                                                                     |   |                                                 | -       |                                                                              |   | - |   |   | 12,108 |   |
| Donated                  services                                                                              |   |                                                 | -       |                                                                              |   | - |   |   | 13,230 |   |
| Depreciation                                                                                                   |   |                                                 | -       |                                                                              |   | - |   |   | 23,821 |   |
| Increase(decrease)                  in accounts payable                                                        |   |                                                 | -       |                                                                              |   | 6,770 |   |   | 81,951 |   |
| Increase                  in accrued auto allowance                                                            |   |                                                 | 2,100   |                                                                              |   | 2,100 |   |   | 39,200 |   |
| Increase                  in accrued expenses                                                                  |   |                                                 | -       |                                                                              |   | 2,908 |   |   | 113,988 |   |
| Increase                  in accrued salary -officer                                                           |   |                                                 | 62,500  |                                                                              |   | 62,500 |   |   | 1,156,667 |   |
| Increase                  in loan from officer                                                                 |   |                                                 | 4,601   |                                                                              |   | 950 |   |   | 59,974 |   |
| Net                  cash used for operating activities                                                        |   |                                                 | -       |                                                                              |   | - |   |   | (839,267 | ) |
|                                                                                                           |   |                                                 |    |                                                                              |   |   |   |   |   |   |
| **CASH                  FLOWS FROM INVESTING ACTIVITIES**                                                      |   |                                                 |    |                                                                              |   |   |   |   |   |   |
| Purchase                  of equipment                                                                         |   |                                                 | -       |                                                                              |   | - |   |   | (62,931 | ) |
| Proceeds                  from sale of equipment                                                               |   |                                                 | -       |                                                                              |   | - |   |   | 20,000 |   |
| Net                  cash used in investing activities                                                         |   |                                                 | -       |                                                                              |   | - |   |   | (42,931 | ) |
|                                                                                                           |   |                                                 |    |                                                                              |   |   |   |   |   |   |
| **CASH                  FLOWS FROM FINANCING ACTIVITIES**                                                      |   |                                                 |    |                                                                              |   |   |   |   |   |   |
| Issuance                  of common stock                                                                      |   |                                                 | -       |                                                                              |   | - |   |   | 666,198 |   |
| Issuance                  of secured debenture                                                                 |   |                                                 | -       |                                                                              |   | - |   |   | 300,000 |   |
| Proceeds                  from note payable                                                                    |   |                                                 | -       |                                                                              |   | - |   |   | 100,000 |   |
| Payment                  of accrued salary to officer                                                          |   |                                                 | -       |                                                                              |   | - |   |   | (165,000 | ) |
| Repayment                  of debt to officer                                                                  |   |                                                 | -       |                                                                              |   | - |   |   | (19,000 | ) |
| Net                  cash used in financing activities                                                         |   |                                                 | -       |                                                                              |   | - |   |   | 882,198 |   |
|                                                                                                           |   |                                                 |    |                                                                              |   |   |   |   |   |   |
| Net                  increase (decrease) in cash                                                               |   |                                                 | -       |                                                                              |   | - |   |   | - |   |
| Cash,                  beginning of period                                                                     |   |                                                 | -       |                                                                              |   | - |   |   | - |   |
| Cash,                  end of period                                                                           |   | $                                                    | -       |                                                                              | $      | - |   | $ | - |   |
|                                                                                                           |   |                                                 |         |                                                                              |   |  |   |   |   |   |
| Supplemental                  disclosure                                                                       |   |                                                 |    |                                                                              |   |   |   |   |   |   |
| Interest                  paid                                                                                 |   | $                                                    | -       |                                                                              | $      | - |   | $ | 1,359 |   |
| Taxes                  paid                                                                                    |   | $                                                    | -       |                                                                              | $      | - |   | $ | - |   |

----

**Note      1 – Organization and summary of significant accounting principles**

*Accounting      and Reporting by Development Stage Enterprises *

|                                   |   | **Years** |                            |
|----------------------------------------|--------|-----------|---------------------------------|
|                                   |   |      |                            |
| Furniture                and equipment |   |      | 3 –                5 |   |
|                                   |   |      |                            |   |
| Computer                hardware       |   |      | 3                               |   |
|                                   |   |      |                            |   |
| Vehicles                               |   |      | 5                               |   |

----

*fair      value based method*

*Earnings      Per Share*

*Disclosures      About Segments of an Enterprise and Related Information*

*Accounting      for Income Taxes*

----

|   | • | of                management’s responsibility for establishing and maintaining adequate                internal control over our financial                reporting; |
|--------|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | of                management’s assessment of the effectiveness of our internal control over                financial reporting as of year end; |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | of                the framework used by management to evaluate the effectiveness of                our                internal control over financial reporting;                and |
|--------|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | that                our independent accounting firm has issued an attestation report                on                management’s assessment of our internal control over financial reporting,                which report is also required to be                filed |
|--------|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | a) | Permits                fair value remeasurement for any hybrid financial instrument that                contains                an embedded derivative that otherwise would require                bifurcation. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b) | Clarifies                which interest-only strips and principal-only strips are not subject                to                the requirements of Statement 133. |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | c) | Establishes                a requirement to evaluate interests in securitized financial assets                to                identify interests that are freestanding derivatives or that are                hybrid                financial instruments that contain an embedded derivative requiring                bifurcation. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | d) | Clarifies                that concentration of’ credit risk in the form of subordination are not                embedded derivatives. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------|

|   | e) | Amends                Statement 140 to eliminate the prohibition on a qualifying special-purpose                entity from holding a derivative financial instrument that pertains                to a                beneficial interest other than another derivative financial                instrument. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

*,      *

|   | a) | Requires                an entity to recognize a servicing asset or servicing liability each                time                it undertakes an obligation to service a financial asset by entering                into                a servicing contract in certain                situations. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b) | Requires                all separately recognized servicing assets and servicing liabilities                to be                initially measured at fair value, if                practicable. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | c) | Permits                an entity to choose either the amortization method or the fair value                measurement method for each class of separately recognized servicing                assets and servicing liabilities. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | d) | At                its initial adoption, permits a one-time reclassification of                available-for-sale securities to trading securities by entities with                recognized servicing rights, without calling into question the treatment                of other available-for-sale securities under Statement 115, provided                that                the available-for-sale securities are identified in some manner as                offsetting the entity’s exposure to changes in fair value of servicing                assets or servicing liabilities that a servicer elects to subsequently                measure at fair value. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | e) | Requires                separate presentation of servicing assets and servicing liabilities                subsequently measured at fair value in the statement of financial                position                and additional disclosures for all separately recognized servicing                assets                and servicing liabilities. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**Note      2 – Furniture and Equipment**

|                                         |   | 2008   |   | 2007   |   |
|----------------------------------------------|--------|------------------|--------|--------|--------|
| Computers                                    |   |             | -      |   |   | - |   |
| Office                equipment              |   |             | -      |   |   | - |   |
| Software                                     |   |             | -      |   |   | - |   |
|                                         |   |             | -      |   |   | - |   |
| Less                accumulated depreciation |   |             | -      |   |   | - |   |
| Total                                        |   |             | -      |   |   | - |   |

**Note      3 – Secured convertible debentures**

**Note      4 – Income taxes **

----

| Income                tax provision at the federal statutory rate |   |   | 34  | % |
|-------------------------------------------------------------------|--------|--------|-----|---|
| Effect                of operating losses                         |   |   | -34 | % |
|                                                              |   |   | 0   | % |

|                                        |   | For the three months endedMarch 31, |     |
|---------------------------------------------|--------|--------------------------------------------------------------|----------|
|                                        |   | 2008                                                         |     | 2007 |   |
| Gross                deferred tax asset     |   | $                                                            | 640,000  |   | $ | 625,000 |   |
| Gross                deferred tax liability |   |                                                         | -        |   |   | - |   |
| Valuation                allowance          |   |                                                         | (640,000 | ) |   | (625,000 | ) |
| Net                deferred tax asset       |   | $                                                            | -        |   | $ | - |   |

**Note      5 – Stockholders’ equity**

----

**Note      6 – Going concern**

**Note      7 – Warrants and options**

**Note      8 – Related party transactions**

**Note      9 – Commitments and contingent liabilities**

----

**Note      10 – Stock-based compensation**

**Note      11 – Subsequent Events**

----

**FORWARD-LOOKING      STATEMENTS**

|         | o | increases                  in interest rates or our cost of borrowing or a default under any                  material                  debt agreements; |
|--------------|---|----------------------------------------------------------------------------------------------------------------------------------------------------------|
|    | o | ability                  to adapt to a change in control;                                                                                                |
|         | o | the                  unavailability of funds for capital expenditures; and                                                                               |
|         | o | the                  ability to locate potential merger or acquisition                  candidates.                                                      |

**Item      2. MANAGEMENT’S DISCUSSION AND ANALYSIS **

**Plan      of Operation**

**Overview**

----

**Plan      of Operation**

----

***Satisfaction      of our cash obligations for the next twelve months***

**Liquidity      and Capital Resources**

**Going      Concern**

***Summary      of any product and development that we will perform for the term of the      plan***

----

***Expected      purchase or sale of plant and significant equipment***

***Significant      changes in the number of employees***

**Off-Balance      Sheet Arrangements**

**FACTORS      THAT MAY AFFECT OUR PLAN OF OPERATION**

***Renovo      has historically lost money and losses may continue in the future, which may      cause us to curtail operations.***

***We      have not accounted for the withholding of federal or state taxes upon the      issuance of common stock for services rendered by our officer, employees and      consultants, which may subject us to substantial tax liabilities, including      penalties and interest.***

----

***Renovo      will need to raise additional capital or debt funding to sustain      operations.***

***We      have been the subject of a going concern opinion for the years ended December      31, 2007 and December 31, 2006 from our independent auditors, which means that      we may not be able to continue operations unless we can become profitable or      obtain additional funding.***

***We      are subject to a working capital deficit, which means that our current assets      on      March 31, 2008, were not sufficient to satisfy our current liabilities and,      therefore, our ability to continue operations is at      risk.***

***Our      common stock may be affected by limited trading volume and may fluctuate      significantly, which may affect our stockholders’ ability to sell shares of our      common stock.***

***Our      common stock is deemed to be a low priced “Penny Stock,” which may make it more      difficult for investors to sell their shares due to suitability      requirements.***

|   | **•** | With                a price of less than $5.00 per                share; |
|--------|-------------|--------------------------------------------------------------------------|

----

|   | **•** | That                are not traded on a "recognized" national                exchange; |
|--------|-------------|----------------------------------------------------------------------------------------|

|   | **•** | Whose                prices are not quoted on the NASDAQ automated quotation system (NASDAQ                listed stock must still have a price of not less than $5.00 per share);                or |
|--------|-------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | **•** | In                issuers with net tangible assets less than $2.0 million (if the issuer                has                been in continuous operation for at least three years) or $10.0 million                (if in continuous operation for less than three years), or with average                revenues of less than $6.0 million for the last three                years. |
|--------|-------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

***We      may acquire assets or other businesses in the future.***

|   | **•** | The                    acquired assets or business may not achieve expected                    results; |
|--------|-------------|---------------------------------------------------------------------------------------------------------|

|   | **•** | We                    may incur substantial, unanticipated costs, delays or other operational                    or                    financial problems when integrating the acquired                    assets; |
|--------|-------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | **•** | We                  may not be able to retain key personnel of an acquired                  business; |
|--------|-------------|-------------------------------------------------------------------------------------------------------|

|   | **•** | Our                      management’s attention may be diverted;                      or |
|--------|-------------|------------------------------------------------------------------------------------------------|

|   | **•** | Our                    management may not be able to manage the acquired assets or combined                    entity effectively or to make acquisitions and grow our business                    internally at the same                    time. |
|--------|-------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

***If      we fail to remain current on our reporting requirements, we could be removed      from the OTC Bulletin Board, which would limit the ability of broker-dealers      to      sell our securities and the ability of stockholders to sell their securities      in      the secondary market.***

***Our      internal controls may be inadequate, which could cause our financial reporting      to be unreliable and lead to misinformation being disseminated to the public.***

----

**Item      3. Controls and Procedures**

**PART      II - OTHER INFORMATION**

**Item      1.**
**Legal      Proceedings.**

**Item      2. **
**Unregistered      Sales of Equity Securities and Use of Proceeds**

**Issuer      Purchases of Equity Securities**

**Item      3.**
**Defaults      Upon Senior Securities.**

**Item      4.**
**Submission      of Matters to a Vote of Security Holders.**

**Item      5.**
**Other      Information.**

----

**Item      6.**
**Exhibits      and Reports on Form 8-K.**

|                  |   |                                                                                                                                       |   |                  |   | **Incorporated by reference** |
|-----------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------|--------|-----------------------------------------|
| **Exhibit****number** |   | **Exhibit                description**                                                                                                     |   | **Filed****herewith** |   | **Form**                                |   | **Period****ending** |   | **Exhibit No.** |   | **Filing****date** |
| 2.1                   |   | Letter                of Intent to acquire James Bar Contractors, Inc. dated October 23,                2003                               |   |                  |   | SB-2                                    |   |   |   | 2.1 |   | 6/30/04 |
|                  |   |                                                                                                                                       |   |                  |   |                                    |   |   |   |   |   |   |
| 2.2                   |   | Agreement                and Plan of Merger with ei3 Corporation, dated September 26, 2005                                                 |   |                  |   | 8-K                                     |   |   |   | 2.1 |   | 9/29/05 |
|                  |   |                                                                                                                                       |   |                  |   |                                    |   |   |   |   |   |   |
| 2.3                   |   | Amendment                No. 1 to Agreement and Plan of Merger with ei3 Corporation, dated                November                22, 2005 |   |                  |   | 8-K                                     |   |   |   | 2.1 |   | 11/28/05 |
|                  |   |                                                                                                                                       |   |                  |   |                                    |   |   |   |   |   |   |
| 2.4                   |   | Amendment                No. 2 to Agreement and Plan of Merger with ei3 Corporation, dated                February                14, 2006 |   |                  |   | 8-K                                     |   |   |   | 2.1 |   | 2/14/06 |
|                  |   |                                                                                                                                       |   |                  |   |                                    |   |   |   |   |   |   |
| 3(i).1                |   | Articles                of Incorporation dated October 17, 2000                                                                            |   |                  |   | 10-SB                                   |   |   |   | 3(i)(a) |   | 2/20/02 |
|                  |   |                                                                                                                                       |   |                  |   |                                    |   |   |   |   |   |   |
| 3(i).2                |   | Certificate                of Amendment to Articles of Incorporation dated January 10, 2002                                                |   |                  |   | 10-SB                                   |   |   |   | 3(i)(b) |   | 2/20/02 |
|                  |   |                                                                                                                                       |   |                  |   |                                    |   |   |   |   |   |   |
| 3(i).3                |   | Certificate                of Amendment to Articles of Incorporation dated July 14, 2003                                                   |   |                  |   | 10-QSB                                  |   | 6/30/03 |   | 3(i) |   | 8/6/03 |
|                  |   |                                                                                                                                       |   |                  |   |                                    |   |   |   |   |   |   |
| 3(i).4                |   | Certificate                of Amendment of Articles of Incorporation dated June 19, 2004                                                   |   |                  |   | SB-2                                    |   |   |   | 3(i).4 |   | 6/30/04 |
|                  |   |                                                                                                                                       |   |                  |   |                                    |   |   |   |   |   |   |
| 3(ii).1               |   | Bylaws                dated October 17, 2002                                                                                               |   |                  |   | 10-SB                                   |   |   |   | 3(ii) |   | 2/20/02 |
|                  |   |                                                                                                                                       |   |                  |   |                                    |   |   |   |   |   |   |
| 10.1                  |   | Employment                Agreement with Stephen W. Carnes dated September 3, 2003                                                         |   |                  |   | 10-QSB                                  |   | 9/30/03 |   | 10.1 |   | 11/14/03 |
|                  |   |                                                                                                                                       |   |                  |   |                                    |   |   |   |   |   |   |
| 10.2                  |   | Independent                Contractor Agreement with Cynthia Wainwright dated October 1,                2003                               |   |                  |   | 10-QSB                                  |   | 9/30/03 |   | 10.3 |   | 11/14/03 |
|                  |   |                                                                                                                                       |   |                  |   |                                    |   |   |   |   |   |   |
| 10.3                  |   | Independent                Contractor Agreement with Loren Brown dated October 1,                2003                                      |   |                  |   | 10-QSB                                  |   | 9/30/03 |   | 10.4 |   | 11/14/03 |
|                  |   |                                                                                                                                       |   |                  |   |                                    |   |   |   |   |   |   |
| 10.4                  |   | Independent                Contractor Agreement with Matt Lettau dated October 1,                2003                                      |   |                  |   | 10-QSB                                  |   | 9/30/03 |   | 10.5 |   | 11/14/03 |
|                  |   |                                                                                                                                       |   |                  |   |                                    |   |   |   |   |   |   |
| 10.5                  |   | Consulting                Agreement with Mark Broersma dated August 27, 2003                                                               |   |                  |   | 10-QSB                                  |   | 9/30/03 |   | 10.6 |   | 11/14/03 |
|                  |   |                                                                                                                                       |   |                  |   |                                    |   |   |   |   |   |   |
| 10.6                  |   | Consulting                Agreement with Mike Barr dated August 27, 2003                                                                   |   |                  |   | 10-QSB                                  |   | 9/30/03 |   | 10.7 |   | 11/14/03 |
|                  |   |                                                                                                                                       |   |                  |   |                                    |   |   |   |   |   |   |
| 10.7                  |   | Consulting                Agreement with Florida Catastrophe Corp. dated September 17,                2003                                 |   |                  |   | 8-K                                     |   |   |   | 10 |   | 9/17/03 |
|                  |   |                                                                                                                                       |   |                  |   |                                    |   |   |   |   |   |   |
| 10.8                  |   | Letter                Agreement with Source Capital Group, Inc. dated January 21,                2004                                      |   |                  |   | 10-KSB                                  |   | 12/31/03 |   | 10.8 |   | 3/30/04 |
|                  |   |                                                                                                                                       |   |                  |   |                                    |   |   |   |   |   |   |
| 10.9                  |   | Consulting                Agreement with Mark Broersma dated April 29, 2004                                                                |   |                  |   | 10-QSB                                  |   | 3/31/04 |   | 10.2 |   | 5/17/04 |
|                  |   |                                                                                                                                       |   |                  |   |                                    |   |   |   |   |   |   |
| 10.10                 |   | Consulting                Agreement with Mike Barr dated April 29, 2004                                                                    |   |                  |   | 10-QSB                                  |   | 3/31/04 |   | 10.3 |   | 5/17/04 |
|                  |   |                                                                                                                                       |   |                  |   |                                    |   |   |   |   |   |   |
| 10.11                 |   | Consulting                Agreement with VBg Design dated April 29, 2004                                                                   |   |                  |   | 10-QSB                                  |   | 3/31/04 |   | 10.4 |   | 5/17/04 |
|                  |   |                                                                                                                                       |   |                  |   |                                    |   |   |   |   |   |   |

----

| 10.12             |   | Standby                Equity Distribution Agreement with Cornell Capital Partners, LP dated                April 14, 2004                          |   |   |   | SB-2   |   |   |   | 10.14  |   | 6/30/04 |
|-------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|---------|
|              |   |                                                                                                                                                |   |   |   |   |   |   |   |   |   |    |
| 10.13             |   | Registration                Rights Agreement with Cornell Capital Partners, LP dated April 14,                2004                                  |   |   |   | SB-2   |   |   |   | 10.15  |   | 6/30/04 |
|              |   |                                                                                                                                                |   |   |   |   |   |   |   |   |   |    |
| 10.14             |   | Escrow                Agreement with Cornell Capital Partners, LP dated April 14,                2004                                               |   |   |   | SB-2   |   |   |   | 10.16  |   | 6/30/04 |
|              |   |                                                                                                                                                |   |   |   |   |   |   |   |   |   |    |
| 10.15             |   | Placement                Agent Agreement with Cornell Capital Partners, LP and Newbridge Securities                Corporation dated April 14, 2004 |   |   |   | SB-2   |   |   |   | 10.17  |   | 6/30/04 |
|              |   |                                                                                                                                                |   |   |   |   |   |   |   |   |   |    |
| 10.16             |   | Securities                Purchase Agreement with Cornell Capital Partners, LP dated April                14,                2004                   |   |   |   | SB-2   |   |   |   | 10.18  |   | 6/30/04 |
|              |   |                                                                                                                                                |   |   |   |   |   |   |   |   |   |    |
| 10.17             |   | Secured                Convertible Debenture dated April 14, 2004                                                                                   |   |   |   | SB-2   |   |   |   | 10.19  |   | 6/30/04 |
|              |   |                                                                                                                                                |   |   |   |   |   |   |   |   |   |    |
| 10.18             |   | Investor                Registration Rights Agreement with Cornell Capital Partners, LP dated                April 14, 2004                         |   |   |   | SB-2   |   |   |   | 10.20  |   | 6/30/04 |
|              |   |                                                                                                                                                |   |   |   |   |   |   |   |   |   |    |
| 10.19             |   | Security                Agreement with Cornell Capital Partners, LP dated April 14,                2004                                             |   |   |   | SB-2   |   |   |   | 10.21  |   | 6/30/04 |
|              |   |                                                                                                                                                |   |   |   |   |   |   |   |   |   |    |
|   10.20 |   | Warrant                Agreement dated April 14, 2004                                                                                               |   |   |   | SB-2   |   |   |   | 10.22  |   | 6/30/04 |
|              |   |                                                                                                                                                |   |   |   |   |   |   |   |   |   |    |
| 10.21             |   | Escrow                Agreement with Butler Gonzalez, LLP dated April 14, 2004                                                                      |   |   |   | SB-2   |   |   |   | 10.23  |   | 6/30/04 |
|              |   |                                                                                                                                                |   |   |   |   |   |   |   |   |   |    |
| 10.22             |   | Assumption                Agreement with Stephen W. Carnes dated September 26, 2005                                                                 |   |   |   | 8-K    |   |   |   | 10.1   |   | 9/29/05 |
|              |   |                                                                                                                                                |   |   |   |   |   |   |   |   |   |    |
| 31                |   | Certification                of Stephen W. Carnes pursuant to Section 302 of the Sarbanes-Oxley                Act                                  |   | X      |   |   |   |   |   |   |   |    |
|              |   |                                                                                                                                                |   |   |   |   |   |   |   |   |   |    |
| 32                |   | Certification                of Stephen W. Carnes pursuant to Section 906 of the Sarbanes-Oxley                Act                                  |   | X      |   |   |   |   |   |   |   |    |
|              |   |                                                                                                                                                |   |   |   |   |   |   |   |   |   |    |
| 99.1              |   | 8K                dated September 25, 2007                                                                                                          |   | X      |   |   |   |   |   |   |   |    |

| By:    | /s/                Stephen W. Carnes        |
|--------|---------------------------------------------|
|   | Stephen                W. Carnes, President |
|   | Chief                Executive Officer and  |
|   | Principal                Accounting Officer |

----