| (X ) | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITES EXCHANGE ACT OF 1934 |
|------|----------------------------------------------------------------------------------------|

|   | For the quarterly period ended                                                      May 31, 2010 |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ( ) | TRANSACTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|-----|-------------------------------------------------------------------------------------------|

|   | For the transaction period from                                                                 to |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                               |
|   | Commission File number                                                      0-24707                                                             |

| STANDARD CAPITAL CORPORATION                            |
|---------------------------------------------------------|
| (Exact name of registrant as specified in charter) |

| Delaware                                                       | 91-1949078                 |
|----------------------------------------------------------------|----------------------------|
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employee I.D. No.) |

|           557 M. Almeda Street      |       |
|---------------------------------------------------------------------------------------|------------|
|           Metro Manila, Philippines |       |
|        (Address of principal executive offices)    | (Zip Code) |

|        Registrant's telephone number, including area code  011-632 724-5517  |   |
|--------------------------------------------------------------------------------------------------------------------------------|--------|

| Not Applicable                                                                     |
|------------------------------------------------------------------------------------|
| (Former name, former address and formal fiscal year, if changed since last report) |

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|                                                                                                |                                                                                                                                                        | Page Number   |
|-----------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------|
|                                                                                                |                                                                                                                                                        |          |
| PART 1.                                                                                             | FINANCIAL INFORMATION                                                                                                                                       |          |
|                                                                                                |                                                                                                                                                        |          |
| ITEM 1.                                                                                             | Financial Statements (unaudited)                                                                                                                            | 3             |
|                                                                                                |                                                                                                                                                        |          |
|                                                                                                | Balance Sheets as at May 31, 2010 and August 31, 2009                                                                                                       | 4             |
|                                                                                                |                                                                                                                                                        |          |
|                                                                                                | Statement of OperationsFor the three and nine months ended May 31, 2010 and 2009 and for the period September 24, 1998 (Date of Inception) to May 31, 2010  |   5 |
|                                                                                                |                                                                                                                                                        |          |
|                                                                                                | Statement of Cash FlowsFor the nine months ended May 31, 2010 and 2009 and for the period September 24, 1998 (Date of  Inception) to May 31, 2010 |  6       |
|                                                                                                |                                                                                                                                                        |          |
|                                                                                                | Notes to the Financial Statements.                                                                                                                          | 7             |
|                                                                                                |                                                                                                                                                        |          |
| ITEM 2.                                                                                             | Management’s Discussion and Analysis of Financial Condition and Results of Operations                                                                 | 10            |
|                                                                                                |                                                                                                                                                        |          |
|                 ITEM 3.  | Quantitative and Qualitative Disclosure about Market Risk                                                                                                   | 12            |
|                                                                                                |                                                                                                                                                        |          |
|         ITEM 4.                                                  | Controls and Procedures                                                                                                                                     | 12            |
|                                                                                                |                                                                                                                                                        |          |
|                 ITEM 4T. | Controls and Procedures                                                                                                                                     | 14            |
|                                                                                                |                                                                                                                                                        |          |
| PART 11.                                                                                            | OTHER INFORMATION                                                                                                                                           | 14            |
|                                                                                                |                                                                                                                                                        |          |
| ITEM 1.                                                                                             | Legal Proceedings                                                                                                                                           | 14            |
|                                                                                                |                                                                                                                                                        |          |
|                 ITEM 1A. | Risk Factors                                                                                                                                                | 14            |
|                                                                                                |                                                                                                                                                        |          |
| ITEM 2.                                                                                             | Unregistered Sales of Equity Securities and Use of Proceeds                                                                                                 | 15            |
|                                                                                                |                                                                                                                                                        |          |
| ITEM 3.                                                                                             | Defaults Upon Senior Securities                                                                                                                             | 15            |
|                                                                                                |                                                                                                                                                        |          |
| ITEM 4.                                                                                             | Submission of Matters to a Vote of Security Holders                                                                                                         | 15            |
|                                                                                                |                                                                                                                                                        |          |
| ITEM 5.                                                                                             | Other Information                                                                                                                                           | 15            |
|                                                                                                |                                                                                                                                                        |          |
| ITEM 6.                                                                                             | Exhibits                                                                                                                                                    | 15            |
|                                                                                                |                                                                                                                                                        |          |
|                                                                                                | SIGNATURES.                                                                                                                                                 | 16            |
|                                                                                                |                                                                                                                                                        |          |

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|                                                                                                                                                                                                  | May 31, 2010                                                           | August 31, 2009                            |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------|--------------------------------------------|
|                                                                                                                                                                                                  |                                                                   |                                       |
| ASSETS                                                                                                                                                                                                |                                                                   |                                       |
|                                                                                                                                                                                                  |                                                                   |                                       |
| CURRENT ASSETS                                                                                                                                                                                        |                                                                   |                                       |
|                                                                                                                                                                                                  |                                                                   |                                       |
|     Cash                                                                                                                                                                          | $          106       | $      3,441 |
|                                                                                                                                                                                                  |                                                                   |                                       |
|        Total Current Assets                                                                                                                                        | $          106       | $      3,441 |
|                                                                                                                                                                                                  |                                                                   |                                       |
|                                                                                                                                                                                                  |                                                                   |                                       |
| LIABILITIES AND STOCKHOLDERS’ DEFICIENCY                                                                                                                                                        |                                                                   |                                       |
|                                                                                                                                                                                                  |                                                                   |                                       |
| CURRENT LIABILITIES                                                                                                                                                                                   |                                                                   |                                       |
|                                                                                                                                                                                                  |                                                                   |                                       |
|     Accounts payable                                                                                                                                                              | $      98,223                            | $    95,626            |
|     Accounts payable – related parties                                                                                                                                      |  15,988                                                           |    15,355                   |
|                                                                                                                                                                                                  |                                                                   |                                       |
|       Total Current Liabilities                                                                                                                                         | 114,211                                                                |  110,981                              |
|                                                                                                                                                                                                  |                                                                   |                                       |
| STOCKHOLDERS’ DEFICIENCY                                                                                                                                                                        |                                                                   |                                       |
|                                                                                                                                                                                                  |                                                                   |                                       |
|     Common Stock                                                                                                                                                                  |                                                                   |                                       |
|          200,000,000 shares authorized, at $0.001 par value         2,285,000 shares issued and outstanding |  2,285                                                            |  2,285                                |
|     Capital in excess of par value                                                                                                                                                | 99,615                                                                 | 96,465                                     |
|     Deficit accumulated during the Development stage                                                                                                                              | (216,005)                                                              | (206,290)                                  |
|                 Total Stockholders’ Deficiency                                                                  | (114,105)                                                              | (107,540)                                  |
|                                                                                                                                                                                                  |                                                                   |                                       |
|                                                                                                                                                                                                  | $           106 | $     3,441       |
|                                                                                                                                                                                                  |                                                                   |                                       |

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|                                            | Three monthsendedMay 31, 2010                                        | Three monthsendedMay 31,  2009                      | Nine MonthsEndedMay 31, 2010                                               | Nine MonthsEndedMay 31, 2009                                                           | Date ofInception toMay 31,  2010                                  |
|-------------------------------------------------|----------------------------------------------------------------------|---------------------------------------------------------------|----------------------------------------------------------------------------|----------------------------------------------------------------------------------------|-----------------------------------------------------------------------------|
|                                            |                                                                 |                                                          |                                                                       |                                                                                   |                                                                        |
| SALES                                           | $           - | $          -     | $            - | $              - | $             - |
|                                            |                                                                 |                                                          |                                                                       |                                                                                   |                                                                        |
| GENERAL AND ADMINISTRATIVE  EXPENSES: |                                                                 |                                                          |                                                                       |                                                                                   |                                                                        |
|                                            |                                                                 |                                                          |                                                                       |                                                                                   |                                                                        |
| Accounting and audit                            | 1,850                                                                | 1,750                                                         | 5,350                                                                      | 5,250                                                                                  | 77,980                                                                      |
| Annual general meeting                          | -                                                                    | -                                                             | -                                                                          | -                                                                                      | 2,250                                                                       |
| Bank charges and interest                       | 19                                                                   | 20                                                            | 85                                                                         | 61                                                                                     | 2,168                                                                       |
| Consulting fees                                 | -                                                                    | -                                                             | -                                                                          | -                                                                                      | 17,500                                                                      |
| Edgar filing fees                               | 250                                                                  | 250                                                           | 750                                                                        | 750                                                                                    | 11,779                                                                      |
| Filing fees                                     | -                                                                    |   -                                                 | -                                                                          | -                                                                                      | 1,895                                                                       |
| Geological report                               | -                                                                    | -                                                             | -                                                                          | -                                                                                      | 2,780                                                                       |
| Incorporation costs                             | -                                                                    | -                                                             | -                                                                          | -                                                                                      | 255                                                                         |
| Legal fees                                      | -                                                                    | -                                                             | -                                                                          | -                                                                                      | 6,987                                                                       |
| Management fees                                 | 600                                                                  | 600                                                           | 1,800                                                                      | 1,800                                                                                  | 28,200                                                                      |
| Miscellaneous                                   | -                                                                    | -                                                             | -                                                                          | -                                                                                      | 1,600                                                                       |
| Office expenses                                 | 40                                                                   | 31                                                            | 230                                                                        | 131                                                                                    | 6,971                                                                       |
| Rent                                            | 300                                                                  | 300                                                           | 900                                                                        | 900                                                                                    | 14,100                                                                      |
| Staking and explorationcosts                    | -                                                                    |    -                                           | -                                                                          | -                                                                                      | 17,617                                                                      |
| Telephone                                       | 150                                                                  | 150                                                           | 450                                                                        | 450                                                                                    | 7,050                                                                       |
| Transfer agent’s fees                     | -                                                                    | -                                                             | 150                                                                        | 250                                                                                    | 11,850                                                                      |
| Travel and entertainment                        |          -              |           - |         -                          |         -                                      | 5,023                                                                       |
|                                            |                                                                 |                                                          |                                                                       |                                                                                   |                                                                        |
| NET LOSS                                        | $ (3,209)                                                            | $ ( 3,101)                                                    | $ (9,715)                                                                  | $   (9,592)                                                                  | $  (216,005)                                                      |
|                                            |                                                                 |                                                          |                                                                       |                                                                                   |                                                                        |
| NET LOSS PER COMMON SHARE                       |                                                                 |                                                          |                                                                       |                                                                                   |                                                                        |
| Basic                                           | $   (0.00)                                                 | $    (0.00)                                    |       $ (0.00)                               |     $  (0.00)                                            |                                                                        |
|                                            |                                                                 |                                                          |                                                                       |                                                                                   |                                                                        |
| AVERAGE OUTSTANDING SHARES                      |                                                                 |                                                          |                                                                       |                                                                                   |                                                                        |
| Basic                                           | 2,285,000                                                            | 2,285,000                                                     |   2,285,000                                                      |   2,285,000                                                                  |                                                                        |

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|                                                                                                             | For the nine months endedMay 31, 2010                                        | For the nine months endedMay 31, 2009                               | Sept 24, 1998to May 31, 2010                                                                                        |
|------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------|---------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|
|                                                                                                             |                                                                         |                                                                |                                                                                                                |
| CASH FLOWS FROM OPERATING ACTIVITIES:                                                                            |                                                                         |                                                                |                                                                                                                |
|                                                                                                             |                                                                         |                                                                |                                                                                                                |
|      Net loss                                                                           | $   (9,715)                                                   | $    (9,592)                                    |   $   (216,005)                                                                            |
|                                                                                                             |                                                                         |                                                                |                                                                                                                |
|      Adjustments to reconcile net loss to net cashprovided by operating activities:     |                                                                         |                                                                |                                                                                                                |
|                                                                                                             |                                                                         |                                                                |                                                                                                                |
|         Change in accounts payable                                       | 2,597                                                                        | 1,553                                                               | 98,223                                                                                                              |
|         Capital contributions – expenses                           |     3,150                                                |    3,150                                             | 49,350                                                                                                              |
|                                                                                                             |                                                                         |                                                                |                                                                                                                |
|              Net Change in Cash from Operations |  (3,968)                                                                |  (4,889)                                                       |        (68,432)                                                                  |
|                                                                                                             |                                                                         |                                                                |                                                                                                                |
| CASH FLOWS FROM INVESTING ACTIVITIES                                                                        |             -    |            - |              -                                     |
|                                                                                                             |                                                                         |                                                                |                                                                                                                |
| CASH FLOWS FROM FINANCING ACTIVITIES:                                                                       |                                                                         |                                                                |                                                                                                                |
|                                                                                                             |                                                                         |                                                                |                                                                                                                |
| Advances from related parties                                                                                    |  633                                                                    | 4,632                                                               | 15,988                                                                                                              |
| Proceeds from issuance of common stock                                                                      |           -                |            - | 52,550                                                                                                              |
|                                                                                                             |                                                                         |                                                                |                                                                                                                |
|     Cash flows from financing activities                                                     |        633                                |     4,632                                       | 68,538                                                                                                              |
|                                                                                                             |                                                                         |                                                                |                                                                                                                |
|      Net (Decrease) Increase in Cash                                                    | (3,335)                                                                      | (257)                                                               | 106                                                                                                                 |
|                                                                                                             |                                                                         |                                                                |                                                                                                                |
|      Cash at Beginning of Period                                                        |  3,441                                                                  | 3,318                                                               |                    - |
|                                                                                                             |                                                                         |                                                                |                                                                                                                |
|      CASH AT END OF PERIOD                                                              | $        106     | $    3,061                                      |     $          106                  |

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|   | The shareholders, at the Annual General Meeting held on February 20, 2004, approved an amendment to the Certificate of Incorporation whereby the authorized share capital of the Company would be increased from 25,000,000 common shares with a par value of $0.001 per share to 200,000,000 common shares with a par value of $0.001 per share. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The Company utilizes the liability method of accounting for income taxes.  Under the liability method deferred tax assets and liabilities are determined based on differences between financial reporting and the tax bases of the assets and liabilities and are measured using the enacted tax rates and laws that will be in effect, when the differences are expected to be reversed.   An allowance against deferred tax assets is recorded, when it is more likely than not, that such tax benefits will not be realized. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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

|   | Statement of Cash Flows |
|--------|-------------------------|

|   | For the purposes of the statement of cash flows, the Company considers all highly liquid investments with a maturity of three months or less to be cash equivalents. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Basic and Diluted Net Income (loss) Per Share |
|--------|-----------------------------------------------|

|   | Basic net income (loss) per share amounts are computed based on the weighted average number of shares actually outstanding.   Diluted net income (loss) per share amounts are computed using the weighted average number of common and common equivalent shares outstanding as if shares had been issued on the exercise of any common share rights unless the exercise becomes antidilutive and then only the basic per share amounts are shown in the report. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |              Environmental Requirements |
|--------|----------------------------------------------------------------------------------------------------------|

|   | At the report date any environmental requirements related to the mineral claim acquired are unknown and therefore an estimate of any future cost cannot be made. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 4. | STOCK OPTION PLAN |
|----|-------------------|

|   | At the Annual General Meeting held on February 20, 2004, the shareholders approved a Stock Option Plan (the “Plan”) whereby a maximum of 5,000,000 common shares were authorized but unissued to be granted to directors, officers, consultants and non-employees who assisted in the development of the Company.   The value of the stock options to be granted under the Plan will be determined on the fair market value of the Company’s shares when they are listed on any established stock exchange or a national market system at the closing price as at the date of granting the option.   No stock options have been granted under this Plan. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5. | CAPITAL STOCK |
|----|---------------|

|   | The Company has completed one Regulation D offering of 1,295,000 shares of its capital stock for $3,050.  In addition, the Company has completed an Offering Memorandum whereby 990,000 common shares were issued for at a price of $0.05 per share for $49,500. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6. | GOING CONCERN |
|----|---------------|

|   | The Company will need additional working capital to service its debt and for its intended purpose of acquiring another mineral claim, which raises substantial doubt about its ability to continue as a going concern.   Continuation of the Company as a going concern is dependent upon obtaining additional working capital and the management of the Company has developed a strategy, which it believes will accomplish this objective through additional equity funding, and long term financing, which will enable the Company to operate for the coming year. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| ITEM 3. | QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK |
|---------|-----------------------------------------------------------|

| ● | our variations in our operations results, either quarterly or annually;                                           |
|---------|-------------------------------------------------------------------------------------------------------------------|
|    |                                                                                                              |
| ● | trading patterns and share prices in other exploration companies which our shareholders consider similar to ours; |
|    |                                                                                                              |
| ● | the merits of a new mineral claim, and                                                                            |
|    |                                                                                                              |
| ● | other events which we have no control over.                                                                       |

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| 1.   | Because Standard’s auditors have issued a going concern opinion and because its officers and directors will not loan any money to it, Standard may not be able to achieve its objectives and may have to suspend or cease exploration activity. |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.   | With the expiry of the Standard mineral claim, the Company has no assets to build a future thereon. |
|----------------|-----------------------------------------------------------------------------------------------------|

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| 3.   | Standard lacks an operating history and has losses which it expects to continue into the future. As a result, Standard may have to suspend or cease exploration activity or cease operations. |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | * | Its ability to locate a profitable mineral property |
|--------|---|-----------------------------------------------------|
|   | * | Its ability to locate an economic ore reserve       |
|   | * | Its ability to generate revenues                    |
|   | * | Its ability to reduce exploration costs.            |

| 4.   | Because Standard’s officers and directors do not have technical training or experience in managing a public company, it will have to hire qualified personnel to fulfill these functions. If Standard lacks funds to retain such personnel, or cannot locate qualified personnel, it may have to suspend or cease exploration activity or cease operations which will result in the loss of its shareholders’ investment. |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.   | Because Standard’s officers and directors have other outside business activities and may not be in a position to devote a majority of their time to Standard’s exploration activity, its exploration activity may be sporadic which may result in periodic interruptions or suspensions of exploration. |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | 6.  Standard anticipates the need to sell additional treasury shares in the future meaning that there will be a dilution to its existing shareholders resulting in their percentage ownership in Standard being reduced accordingly. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 7.  Because Standard’s securities are subject to penny stock rules, its shareholders may have difficulty reselling their shares. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.1 | Certificate of Incorporation (incorporated by reference from Standard’s Registration Statement on Form 10-SB filed on December 6, 1999) |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------|

| 1.2 | Articles of Incorporation (incorporated by reference from Standard’s Registration Statement on Form 10-SB filed on December 6, 1999) |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------|

| 1.3 | By-laws (incorporated by reference from Standard’s Registration Statement on Form 10-SB filed on December 6, 1999) |
|-----|--------------------------------------------------------------------------------------------------------------------------|

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